BNC BANCORP | 2013 | FY | 3


The following tables summarize the period-end balance for loans modified and classified as TDRs in the previous 12 months for which a payment default has occurred during the years ended December 31, 2013 and 2012 (dollars in thousands). The Company defines payment default as movement of the restructuring to nonaccrual status, foreclosure or charge-off, whichever occurs first.
 
2013
Commercial real estate
$
5,906

Commercial construction
29

Commercial and industrial
630

Residential mortgage
668


 
2012
Commercial real estate
$
337

Residential mortgage
1,438


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