| Distribution of Undisbursed Loan Commitments |
The following table shows the distribution of undisbursed loan commitments as of the dates indicated:
|
|
|
|
|
|
|
|
|
|
March 31, 2016 |
|
December 31, 2015 |
|
(in thousands) |
Commitments to extend credit |
$ |
349,931 |
|
|
$ |
262,680 |
|
Standby letters of credit |
7,943 |
|
|
6,839 |
|
Commercial letters of credit |
5,354 |
|
|
4,018 |
|
Total undisbursed loan commitments |
$ |
363,228 |
|
|
$ |
273,537 |
|
|
| Allowance For Loan Losses And Allowance For Off Balance Sheet Items |
Activity in the allowance for loan losses was as follows for the periods indicated:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of and for the Three Months Ended |
|
March 31, 2016 |
|
March 31, 2015 |
|
Non-PCI Loans |
|
PCI Loans |
|
Total |
|
Non-PCI Loans |
|
PCI Loans |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for loan losses: |
|
|
|
|
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
37,494 |
|
|
$ |
5,441 |
|
|
$ |
42,935 |
|
|
$ |
51,640 |
|
|
$ |
1,026 |
|
|
52,666 |
|
Charge-offs |
(637 |
) |
|
— |
|
|
(637 |
) |
|
(34 |
) |
|
(52 |
) |
|
(86 |
) |
Recoveries on loans previously charged off |
253 |
|
|
— |
|
|
253 |
|
|
1,692 |
|
|
352 |
|
|
2,044 |
|
Net loan (charge-offs) recoveries |
(384 |
) |
|
— |
|
|
(384 |
) |
|
1,658 |
|
|
300 |
|
|
1,958 |
|
(Negative provision) provision |
(1,729 |
) |
|
204 |
|
|
(1,525 |
) |
|
(1,783 |
) |
|
110 |
|
|
(1,673 |
) |
Balance at end of period |
$ |
35,381 |
|
|
$ |
5,645 |
|
|
$ |
41,026 |
|
|
$ |
51,515 |
|
|
$ |
1,436 |
|
|
52,951 |
|
Activity in the allowance for loan off-balance sheet items was as follows for the periods indicated:
|
|
|
|
|
|
|
|
|
|
As of and for the Three Months Ended |
|
March 31, 2016 |
|
March 31, 2015 |
|
|
|
|
Allowance for off-balance sheet items: |
|
|
|
Balance at beginning of period |
$ |
986 |
|
|
$ |
1,366 |
|
Provision (negative provision) |
234 |
|
|
(312 |
) |
Balance at end of period |
$ |
1,220 |
|
|
$ |
1,054 |
|
|