Our loan portfolio mix improved over the past twelve months as generally lower risk commercial and lease loan balances increased while generally higher risk commercial real estate and construction loan balances decreased.
The following table presents a summary of non-performing assets, excluding loans held for sale, credit-impaired loans that were acquired as part of our FDIC-assisted transactions and OREO related to assets acquired in FDIC-assisted transactions, as of the dates indicated (dollar amounts in thousands):
|September 30,||June 30,||March 31,||December 31,||September 30,|
|Non-accrual loans (1)||$||104,813||$||113,077||$||124,011||$||129,309||$||140,979|
|Loans 90 days or more past due, still accruing interest||470||453||679||82||-|
|Total non-performing loans||105,283||113,530||124,690||129,391||140,979|
|Total non-performing assets||$||147,823||$||163,280||$||187,848||$||207,999||$||228,697|
|Total allowance for loan losses||$||121,182||$||121,756||$||125,431||$||126,798||$||128,610|
|Accruing restructured loans (2)||$||17,929||$||16,536||$||24,145||$||37,996||$||34,321|
|Total non-performing loans to total loans||1.87||%||1.98||%||2.15||%||2.17||%||2.42||%|
|Total non-performing assets to total assets||1.56||%||1.72||%||1.94||%||2.12||%||2.30||%|
|Allowance for loan losses to non-performing loans||115.10||%||107.25||%||100.59||%||98.00||%||91.23||%|
(1) Includes $27.1 million, $32.7 million, $34.7 million, $42.5 million and $36.0 million of restructured loans on non-accrual status at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively.
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