23
Percent of Total Loans:
2002 2001 2000 1999 1998
Commercial, financial and agricultural..................................... 32.34% 33.19% 34.33% 37.37% 35.74%
Real estate — construction ........................................................ 5.28 5.02 4.73 5.40 4.71
Real estate — mortgage............................................................. 38.93 37.27 33.86 26.20 25.46
Consumer, net of unearned income........................................... 23.45 24.52 27.08 31.03 34.09
Certain loans classified for regulatory purposes as doubtful, substandard, or special mention are included in the
nonperforming asset table.  Also included in classified loans are certain other loans that are deemed to be potential
problems.  Potential problem loans are those loans that are currently performing but where known information about
trends or uncertainties or possible credit problems of the borrowers causes management to have serious doubts as to
the ability of such borrowers to comply with present repayment terms, possibly resulting in the transfer of such loans
to nonperforming status.  These potential problem loans totaled $12.0 million as of December 31, 2002.
Investment Securities .  Investment securities totaled $772.3 million as of December 31, 2002, as compared to
$721.7 million at December 31, 2001 and $654.3 million at December 31, 2000. At December 31, 2002, securities
with an amortized cost of $200.4 million were classified as securities held-to-maturity and securities with a market
value of $571.8 million were classified as securities available-for-sale.  As compared to December 31, 2001, the
portfolio at December 31, 2002, reflected (i) an increase of $14.8 million in U.S. Treasury; (ii) an increase of $12.8
million in tax-exempt obligations of states and political subdivisions; (iii) a $4.2 million decrease in corporate bonds
and other securities; and (iv) a $27.2 million increase in mortgage-backed securities.  As compared to December 31,
2000, the portfolio at December 31, 2001 reflected (i) a decrease of $86.9 million in U.S. Treasury and U.S.
Government corporations and agency securities; (ii) an increase of $16.8 million in tax-exempt obligations of states
and political subdivisions; (iii) an $6.6 million increase in other securities, primarily corporate bonds; and (iv) a
$130.9 million increase in mortgage-backed securities. The overall portfolio yield of 5.62% at the end of 2002 was
down from the prior year-end yield of 6.06% due to lower average interest rates. We did not hold collateralized
mortgage obligations that entail higher risks than other mortgage-backed securities without complex payment
features nor did we hold any structured notes.  See Note 2 to the Consolidated Financial Statements for additional
disclosures relating to the maturities and fair values of the investment portfolio at December 31, 2002 and 2001.
Table 10 — Composition of Investment Securities (dollars in thousands):
At December 31,
2002 2001 2000
Held-to-Maturity:
Amortized
Cost Fair Value
Amortized
Cost Fair Value
Amortized
Cost Fair Value
U.S. Treasury securities
and obligations of U.S.
Government
corporations and
agencies............................. $ 110,939 $ 117,808 $ 172,880 $ 177,872 $ 251,418 $ 251,922
Obligations of states and
political subdivisions......... 60,836 64,050 75,959 77,495 82,344 83,067
Corporate bonds .................... 499 540 498 512 4,615 4,597
Mortgage-backed
securities ...........................   28,176   29,464   41,333   42,687   53,541   54,005
Other securities......................                       -                       -                      4                      4                       -                     -     
 200,450  211,862  290,674  298,570  391,918  393,591