CASH 2018 Annual Report

20 The following table sets forth an analysis of the Company’s allowance for loan and lease losses. September 30, 2018 2017 2016 2015 2014 (Dollars in Thousands) Balance at beginning of period $ 7,534 $ 5,635 $ 6,255 $ 5,397 $ 3,930 Charge-offs: Commercial finance (2,643) (626) (726) (285) — Consumer finance (1,443) — (728) — — Tax services (21,802) (7,841) (249) — — Total National Lending charge-offs (25,888) (8,467) (1,703) (285) — Commercial and multi-family real estate — (138) (385) (214) — 1-4 family real estate (45) — (32) (45) — Agricultural — — (3,252) (186) (50) Commercial operating — (390) — — — Consumer (31) (2) — — — Total Community Banking charge-offs (76) (530) (3,669) (445) (50) Total charge-offs (25,964) (8,997) (5,372) (730) (50) Recoveries: Commercial finance 1,169 61 107 114 — Consumer finance — — 11 — — Tax services 453 229 — — — Total National Lending recoveries 1,622 290 118 114 — Commercial and multi-family real estate — — 27 6 347 1-4 family real estate — — — — 2 Agricultural 411 12 2 — — Commercial operating — 5 — 3 18 Consumer 3 — — — — Total Community Banking recoveries 414 17 29 9 367 Total recoveries 2,037 307 147 123 367 Net (charge-offs) recoveries (23,927) (8,690) (5,225) (607) 317 Provision charged to expense 29,433 10,589 4,605 1,465 1,150 Balance at end of period $ 13,040 $ 7,534 $ 5,635 $ 6,255 $ 5,397 Ratio of net charge-offs during the period to average loans and leases outstanding during the period 1.31% 0.73% 0.06% 0.10% (0.07)% Ratio of net charge-offs during the period to non-performing assets at year end 57.19% 22.94% 443.84% 7.78% (31.66)% Allowance to total loans and leases 0.44% 0.57% 0.61% 0.88% 1.08 % For more information on the Provision for Loan and Lease Losses, see “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” which is included in Item 7 of this Annual Report on Form 10-K.