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Recently Issued Accounting Standards (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Changes And Error Corrections [Abstract]  
Schedule of Impact of ASC 326

The following table illustrates the impact of ASC 326.

 

 

January 1, 2020

 

 

As reported under ASC 326

 

Pre-ASC 326 adoption

 

Impact of ASC 326 adoption

Assets:

 

 

 

 

 

 

Allowance for credit losses on

 

 

 

 

 

 

debt securities held to maturity

 

 

 

 

 

 

Mortgage-backed

 

$           —

 

$           —

 

$           —

Municipal

 

10

 

 

10

Loans non-PCD

 

 

 

 

 

 

Residential

 

$15,669

 

$4,257

 

$11,412

Commercial

 

54,148

 

18,552

 

35,596

Construction & land development

 

9,251

 

2,319

 

6,932

Comm., industrial & factored receivables

 

14,277

 

11,282

 

2,995

Consumer & other

 

4,688

 

4,019

 

669

Loans PCD

 

 

 

 

 

 

Residential

 

$3,021

 

$           —

 

$3,021

Commercial

 

11,966

 

 

11,966

Construction & land development

 

256

 

177

 

79

Commercial & industrial

 

1,924

 

 

1,924

Factored commercial receivables

 

 

 

Consumer & other

 

63

 

49

 

14

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Allowance for credit losses

 

 

 

 

 

 

on OBS exposures

 

$6,084

 

$           —

 

$6,084