CHFC 2018 Annual Report

The following table provides a five-year history of impaired assets. December 31, (Dollars in thousands) 2018 2017 2016 2015 2014 Nonaccrual loans (1) : Commercial loan portfolio: Commercial $ 30,139 $ 19,691 $ 13,178 $ 28,554 $ 16,418 Commercial real estate: Owner-occupied 16,056 19,070 12,104 17,141 16,587 Non-owner occupied 23,021 5,270 3,900 4,333 3,977 Vacant land 3,337 5,205 3,873 3,689 4,402 Total commercial real estate 42,414 29,545 19,877 25,163 24,966 Real estate construction and land development 12 77 80 521 387 Total commercial loan portfolio 72,565 49,313 33,135 54,238 41,771 Consumer loan portfolio: Residential mortgage 7,988 8,635 6,969 5,557 6,706 Consumer installment 1,276 842 879 451 500 Home equity 3,604 4,305 3,351 1,979 1,667 Total consumer loan portfolio 12,868 13,782 11,199 7,987 8,873 Total nonaccrual loans 85,433 63,095 44,334 62,225 50,644 Other real estate and repossessed assets 6,256 8,807 17,187 9,935 14,205 Total nonperforming assets 91,689 71,902 61,521 72,160 64,849 Accruing troubled debt restructurings Commercial loan portfolio 32,508 34,484 45,388 46,141 44,450 Consumer loan portfolio 13,072 14,298 17,147 21,037 19,681 Total performing troubled debt restructurings 45,580 48,782 62,535 67,178 64,131 Total impaired assets $ 137,269 $ 120,684 $ 124,056 $ 139,338 $ 128,980 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 $ 939 $ 13 $ 288 $ 618 $ 170 Consumer loan portfolio 488 1,364 995 1,669 1,903 Total accruing loans contractually past due 90 days or more as to interest or principal payments $ 1,427 $ 1,377 $ 1,283 $ 2,287 $ 2,073 Nonperforming loans as a percent of total loans 0.56% 0.45% 0.34% 0.86% 0.89% Nonperforming assets as a percent of total assets 0.43% 0.37% 0.35% 0.79% 0.89% Impaired assets as a percent of total assets 0.64% 0.63% 0.71% 1.52% 1.76% (1) Includes nonaccrual troubled debt restructurings. Nonaccrual loans that meet the definition of a TDR (nonaccrual TDR) totaled $28.1 million, $29.1 million, $30.5 million, $35.9 million and $37.2 million at December 31, 2018, 2017, 2016, 2015 and 2014, respectively. These loans have been modified by providing the borrower a financial concession that is intended to improve our probability of collection of the amounts due. 58