CHFC 2017 Annual Report

A summary of nonperforming assets follows: December 31, (Dollars in thousands) 2017 2016 Nonperforming assets Nonaccrual loans: Commercial $ 19,691 $ 13,178 Commercial real estate 29,545 19,877 Real estate construction and land development 77 80 Residential mortgage 8,635 6,969 Consumer installment 842 879 Home equity 4,305 3,351 Total nonaccrual loans 63,095 44,334 Other real estate owned and repossessed assets 8,807 17,187 Total nonperforming assets $ 71,902 $ 61,521 Accruing loans contractually past due 90 days or more as to interest or principal payments, excluding acquired loans accounted for under ASC 310-30 Commercial $ — $ 11 Commercial real estate 13 277 Residential mortgage — — Home equity 1,364 995 Total accruing loans contractually past due 90 days or more as to interest or principal payments, excluding acquired loans accounted for under ASC 310-30 $ 1,377 $ 1,283 TheCorporation's nonaccrual loans at December 31, 2017 and 2016 included $29.1million and $30.5million, respectively, of nonaccrual TDRs. There was no interest income recognized on nonaccrual loans during 2017, 2016 and 2015 while the loans were in nonaccrual status. During 2017, 2016 and 2015, theCorporation recognized $1.3million, $0.4million and $0.9million, respectively, of interest income on these loans while they were in an accruing status. Additional interest income that would have been recorded on nonaccrual loans had they been current in accordance with their original terms was $3.1 million in 2017, $2.9 million in 2016 and $3.2 million in 2015. During 2017, 2016 and 2015, the Corporation recognized interest income of $2.6 million, $3.9 million and $3.9 million, respectively, on performing TDRs. The Corporation had $4.2 million of residential mortgage loans that were in the process of foreclosure at December 31, 2017, compared to $7.3 million at December 31, 2016. Chemical Financial Corporation Notes to Consolidated Financial Statements December 31, 2017 118