LOANS HELD FOR INVESTMENT (Tables)

12 Months Ended

Dec. 31, 2020

LOANS HELD FOR INVESTMENT [Abstract]

Summary of Loans Held for Investment by Category

Loans are summarized by category at year-end as follows:

	2020			2019
Commercial real estate	$	663,344		$	658,195
Commercial - specialized		311,686			309,505
Commercial - general		518,309			441,398
Consumer:
1-4 family residential		360,315			362,796
Auto loans		205,840			215,209
Other consumer		67,595			74,000
Construction		94,494			82,520
		2,221,583			2,143,623
Allowance for loan losses		(45,553	)		(24,197	)
Loans, net	$	2,176,030		$	2,119,426

Activity in Allowance for Loan Losses and Investment in Loans Disaggregated Based on Method of Evaluating Impairment

The following table details the activity in the allowance for loan losses during 2020 and 2019. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

	Beginning Balance		Provision for Loan Losses		Charge-offs			Recoveries		Ending Balance
2020
Commercial real estate	$	5,049	$	13,618	$	(7	)	$	302	$	18,962
Commercial - specialized		2,287		4,514		(1,162	)		121		5,760
Commercial - general		9,609		1,219		(1,811	)		210		9,227
Consumer:
1-4 family residential		2,093		2,478		(56	)		131		4,646
Auto loans		3,385		1,814		(1,165	)		192		4,226
Other consumer		1,341		1,300		(1,358	)		388		1,671
Construction		433		627		—			1		1,061
Total	$	24,197	$	25,570	$	(5,559	)	$	1,345	$	45,553

2019
Commercial real estate	$	5,579	$	(961	)	$	—		$	431	$	5,049
Commercial - specialized		2,516		2			(355	)		124		2,287
Commercial - general		8,173		1,209			(306	)		533		9,609
Consumer:
1-4 family residential		2,249		219			(436	)		61		2,093
Auto loans		2,994		1,276			(1,067	)		182		3,385
Other consumer		1,192		969			(1,034	)		214		1,341
Construction		423		85			(75	)		—		433
Total	$	23,126	$	2,799		$	(3,273	)	$	1,545	$	24,197

The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment:

	Recorded Investment				Allowance for Loan Losses
	Individually Evaluated		Collectively Evaluated		Individually Evaluated		Collectively Evaluated
2020
Commercial real estate	$	6,273	$	657,071	$	580	$	18,382
Commercial - specialized		—		311,686		—		5,760
Commercial - general		4,626		513,683		515		8,712
Consumer:
1-4 family residential		2,122		358,193		—		4,646
Auto loans		—		205,840		—		4,226
Other consumer		—		67,595		—		1,671
Construction		—		94,494		—		1,061
Total	$	13,021	$	2,208,562	$	1,095	$	44,458

2019
Commercial -	$	299	$	657,896	$	—	$	5,049
Commercial - specialized		573		308,932		—		2,287
Commercial - general		1,396		440,002		525		9,084
Consumer:
1-4 family residential		1,899		360,897		—		2,093
Auto loans		—		215,209		—		3,385
Other consumer		—		74,000		—		1,341
Construction		—		82,520		—		433
Total	$	4,167	$	2,139,456	$	525	$	23,672

Impaired Loan Information

Impaired loan information at year-end follows:

	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment
2020
Commercial real estate	$	6,273	$	3,673	$	2,600	$	6,273	$	580	$	3,666
Commercial -specialized		—		—		—		—		—		673
Commercial - general		4,626		3,364		1,262		4,626		515		3,400
Consumer:
1-4 family		2,541		2,122		—		2,122		—		2,155
Auto loans		—		—		—		—		—		—
Other consumer		—		—		—		—		—		—
Construction		—		—		—		—		—		—
Total	$	13,440	$	9,159	$	3,862	$	13,021	$	1,095	$	9,894

2019
Commercial real estate	$	754	$	299	$	—	$	299	$	—	$	1,059
Commercial specialized		573		573		—		573		—		1,345
Commercial general		1,839		—		1,396		1,396		525		2,173
Consumer:
1-4 family		2,318		1,899		—		1,899		—		2,187
Auto loans		—		—		—		—		—		—
Other consumer		—		—		—		—		—		—
Construction		—		—		—		—		—		—
Total	$	5,484	$	2,771	$	1,396	$	4,167	$	525	$	6,764

Age Analysis on Accruing Past-due Loans and Nonaccrual Loans

The table below provides an age analysis on accruing past-due loans and nonaccrual loans at year-end:

	30-89 Days Past Due		90 Days or More Past Due		Nonaccrual
2020
Commercial real estate	$	914	$	34	$	6,311
Commercial - specialized		241		—		272
Commercial - general		1,891		149		5,489
Consumer:
1-4 Family residential		2,089		906		1,595
Auto loans		738		38		—
Other consumer		481		119		51
Construction		206		—		—
Total	$	6,560	$	1,246	$	13,718

2019
Commercial real estate	$	37	$	116	$	162
Commercial - specialized		708		—		1,172
Commercial - general		1,747		—		2,254
Consumer:
1-4 Family residential		1,212		932		1,105
Auto loans		1,468		183		—
Other consumer		848		121		—
Construction		1,159		—		—
Total	$	7,179	$	1,352	$	4,693

Summary of Internal Classifications of Loans

The following table summarizes the internal classifications of loans at year-end:

	Pass		Special Mention		Substandard		Doubtful		Total
2020
Commercial real estate	$	602,250	$	—	$	61,094	$	—	$	663,344
Commercial - specialized		303,831		—		7,855		—		311,686
Commercial - general		510,543		—		7,766		—		518,309
Consumer:
1-4 family residential		352,930		—		7,385		—		360,315
Auto loans		204,301		—		1,539		—		205,840
Other consumer		67,216		—		379		—		67,595
Construction		94,494		—		—		—		94,494
Total	$	2,135,565	$	—	$	86,018	$	—	$	2,221,583

2019
Commercial real estate	$	632,641	$	22,313	$	3,241	$	—	$	658,195
Commercial - specialized		307,239		—		2,266		—		309,505
Commercial - general		428,155		—		13,243		—		441,398
Consumer:
1-4 family residential		356,422		—		6,374		—		362,796
Auto loans		214,363		—		846		—		215,209
Other consumer		73,716		—		284		—		74,000
Construction		82,520		—		—		—		82,520
Total	$	2,095,056	$	22,313	$	26,254	$	—	$	2,143,623