CHFC 2017 Annual Report

The following table provides a five-year history of impaired assets. December 31, (Dollars in thousands) 2017 2016 2015 2014 2013 Nonaccrual loans: Commercial loan portfolio: Commercial $ 19,691 $ 13,178 $ 28,554 $ 16,418 $ 18,374 Commercial real estate 29,545 19,877 25,163 24,966 28,598 Real estate construction and land development 77 80 521 387 2,680 Total commercial loan portfolio 49,313 33,135 54,238 41,771 49,652 Consumer loan portfolio: Residential mortgage 8,635 6,969 5,557 6,706 8,921 Consumer installment 842 879 451 500 676 Home equity 4,305 3,351 1,979 1,667 2,648 Total consumer loan portfolio 13,782 11,199 7,987 8,873 12,245 Total nonaccrual loans 63,095 44,334 62,225 50,644 61,897 Other real estate and repossessed assets 8,807 17,187 9,935 14,205 9,776 Total nonperforming assets 71,902 61,521 72,160 64,849 71,673 Accruing troubled debt restructurings Commercial loan portfolio 34,484 45,388 46,141 44,450 40,253 Consumer loan portfolio 14,298 17,147 21,037 19,681 17,408 Total performing troubled debt restructurings 48,782 62,535 67,178 64,131 57,661 Total impaired assets $ 120,684 $ 124,056 $ 139,338 $ 128,980 $ 129,334 Accruing loans contractually past due 90 days or more as to interest or principal payments, excluding loans accounted for under ASC 310-30 Commercial loan portfolio $ 13 $ 288 $ 618 $ 170 $ 726 Consumer loan portfolio 1,364 995 1,669 1,903 1,271 Total accruing loans contractually past due 90 days or more as to interest or principal payments $ 1,377 $ 1,283 $ 2,287 $ 2,073 $ 1,997 Nonperforming loans as a percent of total loans 0.45% 0.34% 0.86% 0.89% 1.33% Nonperforming assets as a percent of total assets 0.37% 0.35% 0.79% 0.89% 1.16% Impaired assets as a percent of total assets 0.63% 0.71% 1.52% 1.76% 2.09% Nonaccrual loans that meet the definition of a TDR (nonaccrual TDR) totaled $29.1 million, $30.5 million, $35.9 million, $37.2 million and $37.3 million at December 31, 2017, 2016, 2015, 2014 and 2013, respectively. These loans have been modified by providing the borrower a financial concession that is intended to improve the probability of collection of the amounts due. 54