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Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Allowance for Loan Losses
The following tables detail activity in the Allowance for the periods indicated:
Three Months Ended 
 June 30,
Commercial
Real estate construction one-to-four family
Real estate construction other
Real estate term owner occupied
Real estate term non-owner occupied
Real estate term other
Consumer secured by 1st deed of trust
Consumer other
Unallocated
Total
2020
 
 
 
 
 
 
 
 

 
 

Balance, beginning of period

$8,269


$643


$1,279


$2,430


$5,491


$711


$274


$453


$1,467


$21,017

Charge-Offs
(804
)
—

—

—

—

—

—

—

—

(804
)
Recoveries
30

—

—

—

—

1

—

5

—

36

Provision (benefit)
(129
)
47

(64
)
103

(70
)
(10
)
(16
)
(11
)
554

404

Balance, end of period

$7,366


$690


$1,215


$2,533


$5,421


$702


$258


$447


$2,021


$20,653

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$31


$—


$—


$—


$—


$—


$—


$—


$—


$31

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$7,335


$690


$1,215


$2,533


$5,421


$702


$258


$447


$2,021


$20,622

2019
 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

$6,478


$659


$1,367


$2,320


$6,122


$844


$396


$501


$1,522


$20,209

Charge-Offs
(64
)
—

—

—

—

—

—

(4
)
—

(68
)
Recoveries
48

—

—

—

—

25

—

4

—

77

Provision (benefit)
661

80

(255
)
(39
)
109

(108
)
(74
)
(15
)
(59
)
300

Balance, end of period

$7,123


$739


$1,112


$2,281


$6,231


$761


$322


$486


$1,463


$20,518

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$6


$—


$—


$—


$—


$—


$—


$—


$—


$6

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$7,117


$739


$1,112


$2,281


$6,231


$761


$322


$486


$1,463


$20,512



Six Months Ended June 30,
Commercial
Real estate construction one-to-four family
Real estate construction other
Real estate term owner occupied
Real estate term non-owner occupied
Real estate term other
Consumer secured by 1st deed of trust
Consumer other
Unallocated
Total
2020
 
 
 
 
 
 
 
 

 
 

Balance, beginning of period

$6,604


$643


$1,017


$2,188


$5,180


$671


$270


$436


$2,079


$19,088

Charge-Offs
(955
)
—

—

—

—

—

—

(14
)
—

(969
)
Recoveries
56

—

—

—

—

1

—

13

—

70

Provision (benefit)
1,661

47

198

345

241

30

(12
)
12

(58
)
2,464

Balance, end of period

$7,366


$690


$1,215


$2,533


$5,421


$702


$258


$447


$2,021


$20,653

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$31


$—


$—


$—


$—


$—


$—


$—


$—


$31

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$7,335


$690


$1,215


$2,533


$5,421


$702


$258


$447


$2,021


$20,622

2019
 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

$5,660


$675


$1,275


$2,027


$5,799


$716


$306


$426


$2,635


$19,519

Charge-Offs
(173
)
—

—

—

—

—

—

(4
)
—

(177
)
Recoveries
92

—

—

—

—

27

—

7

—

126

Provision (benefit)
1,544

64

(163
)
254

432

18

16

57

(1,172
)
1,050

Balance, end of period

$7,123


$739


$1,112


$2,281


$6,231


$761


$322


$486


$1,463


$20,518

Balance, end of period:
 

 

 

 

 

 

 

 

 

Individually evaluated
 

 

 

 

 

 

 

 

 

for impairment

$6


$—


$—


$—


$—


$—


$—


$—


$—


$6

Balance, end of period:
 

 

 

 

 

 

 

 

 

Collectively evaluated
 

 

 

 

 

 

 

 

 

for impairment

$7,117


$739


$1,112


$2,281


$6,231


$761


$322


$486


$1,463


$20,512


The following table sets forth information regarding changes in the purchased receivable reserve for the three and six-month periods ending June 30, 2020 and 2019, respectively: 
 
Three Months Ended June 30,
Six Months Ended June 30,
(In Thousands)
2020
2019
2020
2019
Balance, beginning of period

$99


$141


$94


$190

Charge-offs
—

—

—

—

Recoveries
—

—

—

—

     Charge-offs net of recoveries
—

—

—

—

Reserve (benefit) for purchased receivables
(6
)
(43
)
(1
)
(92
)
Balance, end of period

$93


$98


$93


$98
Recorded Investment Segregated by Amounts Individually or Collectively in Allowance for Loan Losses
The following is a detail of the recorded investment, including unearned origination fees, net of origination costs, in the loan portfolio, segregated by amounts evaluated individually or collectively in the Allowance at the periods indicated:
(In Thousands)
Commercial

Real estate construction one-to-four family

Real estate construction other

Real estate term owner occupied

Real estate term non-owner occupied

Real estate term other

Consumer secured by 1st deed of trust

Consumer other

Total
June 30, 2020
 

 

 

 

 

 

 

 

 
Balance, end of period

$768,988

 

$38,148

 

$75,333

 

$153,942

 

$317,333

 

$40,989

 

$14,496

 

$23,972



$1,433,201

Balance, end of period:
 

 

 

 

 

 

 

 

 
Individually evaluated
 

 

 

 

 

 

 

 

 
for impairment

$11,443



$702



$—



$6,794



$802



$1,551



$268



$85



$21,645

Balance, end of period:
 

 

 

 

 

 

 

 

 
Collectively evaluated
 

 

 

 

 

 

 

 

 
for impairment

$757,545



$37,446



$75,333



$147,148



$316,531



$39,438



$14,228



$23,887



$1,411,556

December 31, 2019
 

 

 

 

 

 

 

 

 
Balance, end of period

$411,327

 

$38,503

 

$60,906

 

$138,181

 

$311,302

 

$42,200

 

$16,191

 

$24,761



$1,043,371

Balance, end of period:
 

 

 

 

 

 

 

 

 
Individually evaluated
 

 

 

 

 

 

 

 

 
for impairment

$16,077



$1,349



$—



$5,104



$178



$1,594



$281



$90



$24,673

Balance, end of period:
 

 

 

 

 

 

 

 

 
Collectively evaluated
 

 

 

 

 

 

 

 

 
for impairment

$395,250



$37,154



$60,906



$133,077



$311,124



$40,606



$15,910



$24,671



$1,018,698
Balance of the Allowance Segregated by Segment and Class
The following represents the balance of the Allowance for the periods indicated segregated by segment and class:
(In Thousands)
Commercial
Real estate construction one-to-four family
Real estate construction other
Real estate term owner occupied
Real estate term non-owner occupied
Real estate term other
Consumer secured by 1st deeds of trust
Consumer other
Unallocated
Total
June 30, 2020
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment:
 
 
 
 
 
 
 
 
 
AQR Substandard

$31


$—


$—


$—


$—


$—


$—


$—


$—


$31

Collectively evaluated for impairment:
 

 

 

 

 

 

 

 

 
AQR Pass
7,223

667

1,215

2,469

5,277

681

253

443

—

18,228

AQR Special Mention
60

23

—

64

144

21

5

—

—

317

AQR Substandard
6

—

—

—

—

—

—

4

—

10

AQR Doubtful
46

—

—

—

—

—

—

—

—

46

Unallocated
—

—

—

—

—

—

—

—

2,021

2,021

 

$7,366


$690


$1,215


$2,533


$5,421


$702


$258


$447


$2,021


$20,653

December 31, 2019
 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment:
 

 

 

 

 

 

 

 

 

AQR Substandard

$17


$—


$—


$—


$—


$—


$—


$—


$—


$17

Collectively evaluated for impairment:
 

 

 

 

 

 

 

 

 

AQR Pass
6,514

588

1,017

2,125

4,829

629

266

431

—

16,399

AQR Special Mention
64

55

—

63

351

42

4

—

—

579

AQR Substandard
9

—

—

—

—

—

—

5

—

14

Unallocated
—

—

—

—

—

—

—

—

2,079

2,079

 

$6,604


$643


$1,017


$2,188


$5,180


$671


$270


$436


$2,079


$19,088