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Purchased Receivables (Tables)
 6 Months Ended
Jun. 30, 2020
Purchased Receivables [Abstract]  
Summary of Components of Net Purchased Receivables
The following table summarizes the components of net purchased receivables for the periods indicated:
(In Thousands)
June 30, 2020
December 31, 2019
Purchased receivables

$11,642


$24,467

Reserve for purchased receivable losses
(93
)
(94
)
Total

$11,549


$24,373
Allowance on Net Purchased Receivables
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