Troubled Debt Restructurings Entered Into That Subsequently Defaulted(1) During | |||||||||||||
Year Ended December 31, 2013 | Year Ended December 31, 2012(2) | ||||||||||||
(in thousands, except contract data) | Number of Contracts | Recorded Investment | Number of Contracts | Recorded Investment | |||||||||
Investment properties | 3 | $ | 4,722 | 8 | $ | 7,418 | |||||||
1-4 family properties | 10 | 12,576 | 12 | 8,098 | |||||||||
Land acquisition | 1 | 125 | 10 | 9,925 | |||||||||
Total commercial real estate | 14 | 17,423 | 30 | 25,441 | |||||||||
Commercial, financial and agricultural | 4 | 776 | 6 | 2,973 | |||||||||
Owner-occupied | 2 | 924 | 7 | 4,968 | |||||||||
Small business | 2 | 24 | 3 | 322 | |||||||||
Total commercial and industrial | 8 | 1,724 | 16 | 8,263 | |||||||||
Home equity lines | 1 | 98 | — | — | |||||||||
Consumer mortgages | 18 | 1,496 | 9 | 2,788 | |||||||||
Credit cards | — | — | — | — | |||||||||
Other retail loans | 1 | 195 | 2 | 53 | |||||||||
Total retail | 20 | 1,789 | 11 | 2,841 | |||||||||
Total loans | 42 | $ | 20,936 | 57 | $ | 36,545 | |||||||