REPUBLIC BANCORP INC /KY/ | 2013 | FY | 3


 

 

 

 

Troubled Debt

 

Troubled Debt

 

 

 

 

 

Restructurings

 

Restructurings

 

Total

 

Year Ended

 

Performing to

 

Not Performing to

 

Troubled Debt

 

December 31, 2013 (in thousands)

 

Modified Terms

 

Modified Terms

 

Restructurings

 

 

 

 

 

 

 

 

 

Residential real estate loans (including home equity loans):

 

 

 

 

 

 

 

Interest only

 

$

 

$

164

 

$

164

 

Rate reduction

 

6,605

 

935

 

7,540

 

Principal deferral

 

95

 

157

 

252

 

Bankruptcies

 

793

 

950

 

1,743

 

Total residential TDRs

 

7,493

 

2,206

 

9,699

 

 

 

 

 

 

 

 

 

Commercial related and construction/land development loans:

 

 

 

 

 

 

 

Interest only

 

3,095

 

143

 

3,238

 

Rate reduction

 

437

 

184

 

621

 

Principal deferral

 

3,315

 

 

3,315

 

Bankruptcies

 

 

168

 

168

 

Total commercial TDRs

 

6,847

 

495

 

7,342

 

Total troubled debt restructurings

 

$

14,340

 

$

2,701

 

$

17,041

 

 

The table above is inclusive of loans which were TDRs at the end of previous periods and were re-modified, e.g. a maturity date extension, during the current year.

 

 

 

Troubled Debt

 

Troubled Debt

 

 

 

 

 

Restructurings

 

Restructurings

 

Total

 

Year Ended

 

Performing to

 

Not Performing to

 

Troubled Debt

 

December 31, 2012 (in thousands)

 

Modified Terms

 

Modified Terms

 

Restructurings

 

 

 

 

 

 

 

 

 

Residential real estate loans (including home equity loans):

 

 

 

 

 

 

 

Interest only

 

$

 

$

624

 

$

624

 

Rate reduction

 

14,011

 

849

 

14,860

 

Principal deferral

 

6,016

 

1,452

 

7,468

 

Bankruptcies

 

2,354

 

962

 

3,316

 

Total residential TDRs

 

22,381

 

3,887

 

26,268

 

 

 

 

 

 

 

 

 

Commercial related and construction/land development loans:

 

 

 

 

 

 

 

Interest only

 

3,080

 

342

 

3,422

 

Rate reduction

 

9,638

 

895

 

10,533

 

Principal deferral

 

1,582

 

194

 

1,776

 

Total commercial TDRs

 

14,300

 

1,431

 

15,731

 

Total troubled debt restructurings

 

$

36,681

 

$

5,318

 

$

41,999

 

 

The table above is inclusive of loans which were TDRs at the end of previous periods and were re-modified, e.g. a maturity date extension, during the current year.

 


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