Deteriorated
Pass Mention Substandard Doubtful Loss Impaired (Loss) Total
LOAN PORTFOLIO BY
INTERNALLY ASSIGNED
GRADE:
Commercial and
industrial
Commercial and
industrial-non
real estate $ 2,005,765 $ - $ 40,286 $ 171 $ - $ 1,885 $ 7,927 $ 2,056,034
Commercial and
industrial-owner
occupied 2,193,141 4,000 63,638 - - 7,452 5,202 2,273,433
Total
commercial and
industrial 4,198,906 4,000 103,924 171 - 9,337 13,129 4,329,467
Commercial real
estate
Agricultural 341,430 - 6,326 - - - 2,311 350,067
Construction,
acquisition and
development 1,879,040 - 40,498 - - 714 6,169 1,926,421
Commercial real
estate 3,150,789 - 159,066 - - 9,316 4,712 3,323,883
Total
commercial
real estate 5,371,259 - 205,890 - - 10,030 13,192 5,600,371
Consumer
Consumer
mortgages 3,926,705 - 63,645 - - 1,256 184 3,991,790
Home equity 619,269 - 6,096 - - - - 625,365
Credit cards 84,699 - - - - - - 84,699
Total consumer 4,630,673 - 69,741 - - 1,256 184 4,701,854
All other 362,556 - 9,726 - - - 65 372,347
Total loans $ 14,563,394 $ 4,000 $ 389,281 $ 171 $ - $ 20,623 $ 26,570 $ 15,004,039
BXS originated
loans $ 13,007,886 $ 4,000 $ 219,242 $ 171 $ - $ 13,989 $ - $ 13,245,288
Acquired loans* 1,555,508 - 170,039 - - 6,634 26,570 1,758,751
Total Loans $ 14,563,394 $ 4,000 $ 389,281 $ 171 $ - $ 20,623 $ 26,570 $ 15,004,039
*Includes certain loans that are no longer included in the "Net book value of acquired loans" on page 10 as a result of
maturity, refinance, or other triggering event.
BancorpSouth Bank
Selected Loan Data
(Dollars in thousands)
(Unaudited)
Quarter Ended
Sep-21 Jun-21 Mar-21 Dec-20 Sep-20
LOAN
PORTFOLIO BY
INTERNALLY
ASSIGNED
GRADE:
Pass $ 14,586,955 $ 14,563,394 $ 14,646,582 $ 14,602,079 $ 14,877,943
Special
Mention 1,691 4,000 5,005 8,736 -
Substandard 356,929 389,281 336,410 358,988 372,483
Doubtful 161 171 171 172 178
Loss - - - - -
Impaired 22,692 20,623 28,615 29,545 49,818
Purchased
Credit
Deteriorated
(Loss) 22,817 26,570 22,025 22,959 27,313
Total $ 14,991,245 $ 15,004,039 $ 15,038,808 $ 15,022,479 $ 15,327,735
BXS
ORIGINATED
LOAN
PORTFOLIO BY
INTERNALLY
ASSIGNED
GRADE:
Pass $ 13,242,424 $ 13,007,886 $ 13,635,053 $ 13,459,529 $ 13,592,460
Special
Mention 947 4,000 5,005 8,736 -
Substandard 191,135 219,242 252,140 259,682 252,875
Doubtful 161 171 171 172 178
Loss - - - - -
Impaired 20,756 13,989 18,188 17,520 30,909
Purchased
Credit
Deteriorated
(Loss) - - - - -
Total $ 13,455,423 $ 13,245,288 $ 13,910,557 $ 13,745,639 $ 13,876,422
ACQUIRED LOAN
PORTFOLIO BY
INTERNALLY
ASSIGNED
GRADE:
Pass $ 1,344,531 $ 1,555,508 $ 1,011,529 $ 1,142,550 $ 1,285,483
Special
Mention 744 - - - -
Substandard 165,794 170,039 84,270 99,306 119,608
Doubtful - - - - -
Loss - - - - -
Impaired 1,936 6,634 10,427 12,025 18,909
Purchased
Credit
Deteriorated
(Loss) 22,817 26,570 22,025 22,959 27,313
Total $ 1,535,822 $ 1,758,751 $ 1,128,251 $ 1,276,840 $ 1,451,313
BancorpSouth Bank
Geographical Information
(Dollars in thousands)
(Unaudited)
September 30, 2021
Alabama Tennessee
and Florida and
Panhandle Arkansas Louisiana Mississippi Missouri Georgia Texas Other Total
LOAN AND LEASE
PORTFOLIO:
Commercial and
industrial
Commercial and
industrial-non
real estate $ 182,165 $ 147,774 $ 164,144 $ 358,266 $ 46,722 $ 119,220 $ 980,483 $ 6,432 $ 2,005,206
Commercial and
industrial-owner
occupied 296,901 150,397 212,613 568,629 64,155 125,754 822,219 642 2,241,310
Total
commercial and
industrial 479,066 298,171 376,757 926,895 110,877 244,974 1,802,702 7,074 4,246,516
Commercial real
estate
Agricultural 31,474 66,918 19,761 68,667 7,740 12,433 161,840 1,634 370,467
Construction,
acquisition and
development 218,553 62,127 49,126 268,816 25,166 112,315 1,061,430 26 1,797,559
Commercial real
estate 480,620 288,383 235,542 712,747 200,883 230,962 1,290,255 4,575 3,443,967
Total
commercial
real estate 730,647 417,428 304,429 1,050,230 233,789 355,710 2,513,525 6,235 5,611,993
Consumer
Consumer
mortgages 718,510 323,108 344,606 799,621 117,138 366,822 1,371,961 37,021 4,078,787
Home equity 125,707 43,229 68,332 197,630 15,971 119,929 48,554 189 619,541
Credit cards - - - - - - - 83,764 83,764
Total consumer 844,217 366,337 412,938 997,251 133,109 486,751 1,420,515 120,974 4,782,092
All other 60,220 27,091 31,581 118,815 1,391 20,895 89,544 1,107 350,644
Total loans $ 2,114,150 $ 1,109,027 $ 1,125,705 $ 3,093,191 $ 479,166 $ 1,108,330 $ 5,826,286 $ 135,390 $ 14,991,245
Loan growth,
excluding loans
acquired during
the quarter
(annualized) (6.76%) (9.79%) (19.52%) (15.13%) (9.53%) 9.61% 15.15% 12.31% (0.34%)
Loan growth,
excluding PPP
loans
(annualized) (3.90%) (6.78%) (14.13%) (12.34%) (5.13%) 17.14% 17.98% 28.99% 3.21%
NON-PERFORMING
LOANS AND LEASES:
Commercial and
industrial
Commercial and
industrial-non
real estate $ 447 $ 721 $ 2,233 $ 4,090 $ 938 $ 314 $ 5,243 $ 187 $ 14,173
Commercial and
industrial-owner
occupied 361 554 923 1,986 161 - 9,023 - 13,008
Total
commercial and
industrial 808 1,275 3,156 6,076 1,099 314 14,266 187 27,181
Commercial real
estate
Agricultural 63 218 - 1,521 - - 612 - 2,414
Construction,
acquisition and
development 1,094 629 128 25 - 193 1,351 - 3,420
Commercial real
estate 1,807 169 2,460 845 - - 4,375 - 9,656
Total
commercial
real estate 2,964 1,016 2,588 2,391 - 193 6,338 - 15,490
Consumer
Consumer
mortgages 8,955 4,071 3,234 9,961 1,204 3,349 5,752 2,197 38,723
Home equity 111 39 250 357 73 506 - - 1,336
Credit cards - - - - - - - 673 673
Total consumer 9,066 4,110 3,484 10,318 1,277 3,855 5,752 2,870 40,732
All other 47 2 43 151 - 6 141 6 396
Total loans $ 12,885 $ 6,403 $ 9,271 $ 18,936 $ 2,376 $ 4,368 $ 26,497 $ 3,063 $ 83,799
NON-PERFORMING
LOANS AND LEASES
AS A PERCENTAGE
OF OUTSTANDING:
Commercial and
industrial
Commercial and
industrial-non
real estate 0.25% 0.49% 1.36% 1.14% 2.01% 0.26% 0.53% 2.91% 0.71%
Press Release: BancorpSouth Announces Third -10-
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