Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2020

Receivables [Abstract]

Allowance for Loan Losses

The following tables detail activity in the Allowance for the periods indicated:

Three Months Ended    September 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	$7,366	$690	$1,215	$2,533	$5,421	$702	$258	$447	$2,021	$20,653
Charge-Offs	(56)	—	—	(85)	—	—	—	—	—	(141)
Recoveries	600	—	—	—	—	1	—	3	—	604
Provision (benefit)	285	10	58	21	61	55	(2)	(7)	86	567
Balance, end of period	$8,195	$700	$1,273	$2,469	$5,482	$758	$256	$443	$2,107	$21,683
Balance, end of period:
Individually evaluated
for impairment	$41	$—	$—	$—	$—	$—	$—	$—	$—	$41
Balance, end of period:
Collectively evaluated
for impairment	$8,154	$700	$1,273	$2,469	$5,482	$758	$256	$443	$2,107	$21,642
2019
Balance, beginning of period	$7,123	$739	$1,112	$2,281	$6,231	$761	$322	$486	$1,463	$20,518
Charge-Offs	(22)	—	—	—	—	—	—	(7)	—	(29)
Recoveries	709	—	—	—	—	1	—	13	—	723
Provision (benefit)	(1,340)	(122)	(101)	(299)	(703)	(48)	(49)	(62)	649	(2,075)
Balance, end of period	$6,470	$617	$1,011	$1,982	$5,528	$714	$273	$430	$2,112	$19,137
Balance, end of period:
Individually evaluated
for impairment	$97	$—	$—	$—	$—	$—	$5	$—	$—	$102
Balance, end of period:
Collectively evaluated
for impairment	$6,373	$617	$1,011	$1,982	$5,528	$714	$268	$430	$2,112	$19,035

Nine Months Ended September 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	(1,011)	—	—	(85)	—	—	—	(14)	—	(1,110)
Recoveries	656	—	—	—	—	2	—	16	—	674
Provision (benefit)	1,946	57	256	366	302	85	(14)	5	28	3,031
Balance, end of period	$8,195	$700	$1,273	$2,469	$5,482	$758	$256	$443	$2,107	$21,683
Balance, end of period:
Individually evaluated
for impairment	$41	$—	$—	$—	$—	$—	$—	$—	$—	$41
Balance, end of period:
Collectively evaluated
for impairment	$8,154	$700	$1,273	$2,469	$5,482	$758	$256	$443	$2,107	$21,642
2019
Balance, beginning of period	$5,660	$675	$1,275	$2,027	$5,799	$716	$306	$426	$2,635	$19,519
Charge-Offs	(195)	—	—	—	—	—	—	(11)	—	(206)
Recoveries	801	—	—	—	—	28	—	20	—	849
Provision (benefit)	204	(58)	(264)	(45)	(271)	(30)	(33)	(5)	(523)	(1,025)
Balance, end of period	$6,470	$617	$1,011	$1,982	$5,528	$714	$273	$430	$2,112	$19,137
Balance, end of period:
Individually evaluated
for impairment	$97	$—	$—	$—	$—	$—	$5	$—	$—	$102
Balance, end of period:
Collectively evaluated
for impairment	$6,373	$617	$1,011	$1,982	$5,528	$714	$268	$430	$2,112	$19,035

The following table sets forth information regarding changes in the purchased receivable reserve for the three and nine-month periods ending September 30, 2020 and 2019, respectively: 

	Three Months Ended September 30,		Nine Months Ended September 30,
(In Thousands)	2020	2019	2020	2019
Balance, beginning of period	$93	$98	$94	$190
Charge-offs	—	—	—	—
Recoveries	—	—	—	—
Charge-offs net of recoveries	—	—	—	—
Benefit for purchased receivables	(6)	(11)	(7)	(103)
Balance, end of period	$87	$87	$87	$87

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
September 30, 2020
Balance, end of period	$825,702	$37,751	$81,772	$148,167	$318,738	$43,245	$14,037	$23,308	$1,492,720
Balance, end of period:
Individually evaluated
for impairment	$9,178	$701	$—	$7,430	$790	$1,499	$264	$84	$19,946
Balance, end of period:
Collectively evaluated
for impairment	$816,524	$37,050	$81,772	$140,737	$317,948	$41,746	$13,773	$23,224	$1,472,774
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
September 30, 2020
Individually evaluated for impairment:
AQR Substandard	$41	$—	$—	$—	$—	$—	$—	$—	$—	$41
Collectively evaluated for impairment:
AQR Pass	8,009	700	1,273	2,421	5,343	719	251	439	—	19,155
AQR Special Mention	141	—	—	48	139	39	5	—	—	372
AQR Substandard	4	—	—	—	—	—	—	4	—	8
AQR Doubtful	—	—	—	—	—	—	—	—	—	—
Unallocated	—	—	—	—	—	—	—	—	2,107	2,107
	$8,195	$700	$1,273	$2,469	$5,482	$758	$256	$443	$2,107	$21,683
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