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LOANS HELD FOR INVESTMENT (Tables)
 3 Months Ended
Mar. 31, 2022
LOANS HELD FOR INVESTMENT [Abstract]  
Summary of Loans by Category
Loans are summarized by category as of the periods presented below (dollars in thousands):

 
March 31,
2022
    
December 31,
2021
  
Commercial real estate
  
$
771,490
    
$
755,444
  
Commercial - specialized
    
350,143
      
378,725
  
Commercial - general
    
475,593
      
460,024
  
Consumer:
                
1-4 family residential
    
378,361
      
387,690
  
Auto loans
    
255,703
      
240,719
  
Other consumer
    
73,245
      
68,113
  
Construction
    
149,096
      
146,862
  
     
2,453,631
      
2,437,577
  
Allowance for loan losses
    
(39,649
)
    
(42,098
)
Loans, net
  
$
2,413,982
    
$
2,395,479
  
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 for the periods indicated (dollars in thousands). 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
  
For the three months ended March 31, 2022
                              
Commercial real estate
  
$
17,245
    
$
(2,649
)
  
$
—
    
$
25
    
$
14,621
  
Commercial - specialized
    
4,363
      
(1,083
)
    
(39
)
    
34
      
3,275
  
Commercial - general
    
8,466
      
1,659
      
(307
)
    
122
      
9,940
  
Consumer:
                                        
1-4 family residential
    
5,268
      
(298
)
    
(40
)
    
1
      
4,931
  
Auto loans
    
3,653
      
68
      
(86
)
    
46
      
3,681
  
Other consumer
    
1,357
      
147
      
(185
)
    
65
      
1,384
  
Construction
    
1,746
      
71
      
—
      
—
      
1,817
  
Total
  
$
42,098
    
$
(2,085
)
  
$
(657
)
  
$
293
    
$
39,649
  
                                         
For the three months ended March 31, 2021
                                        
Commercial real estate
  
$
18,962
    
$
58
    
$
—
    
$
—
    
$
19,020
  
Commercial - specialized
    
5,760
      
(378
)
    
—
      
76
      
5,458
  
Commercial - general
    
9,227
      
52
      
(344
)
    
44
      
8,979
  
Consumer:
                                        
1-4 family residential
    
4,646
      
295
      
(52
)
    
1
      
4,890
  
Auto loans
    
4,226
      
(180
)
    
(188
)
    
33
      
3,891
  
Other consumer
    
1,671
      
4
      
(257
)
    
62
      
1,480
  
Construction
    
1,061
      
238
      
—
      
2
      
1,301
  
Total
  
$
45,553
    
$
89
    
$
(841
)
  
$
218
    
$
45,019
  

The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment at the dates indicated (dollars in thousands):

 
Recorded Investment
    
Allowance for Loan Losses
  
   
Individually
Evaluated
    
Collectively
Evaluated
    
Individually
Evaluated
    
Collectively
Evaluated
  
March 31, 2022
                        
Commercial real estate
  
$
1,063
    
$
770,427
    
$
546
    
$
14,075
  
Commercial - specialized
    
—
      
350,143
      
—
      
3,275
  
Commercial - general
    
4,941
      
470,652
      
479
      
9,461
  
Consumer:
                                
1-4 family residential
    
2,002
      
376,359
      
166
      
4,765
  
Auto loans
    
—
      
255,703
      
—
      
3,681
  
Other consumer
    
—
      
73,245
      
—
      
1,384
  
Construction
    
—
      
149,096
      
—
      
1,817
  
                                 
Total
  
$
8,006
    
$
2,445,625
    
$
1,191
    
$
38,458
  
                                 
December 31, 2021
                                
Commercial real estate
  
$
1,101
    
$
754,343
    
$
584
    
$
16,661
  
Commercial - specialized
    
—
      
378,725
      
—
      
4,363
  
Commercial - general
    
5,078
      
454,946
      
585
      
7,881
  
Consumer:
                                
1-4 family residential
    
1,592
      
386,098
      
175
      
5,093
  
Auto loans
    
—
      
240,719
      
—
      
3,653
  
Other consumer
    
—
      
68,113
      
—
      
1,357
  
Construction
    
—
      
146,862
      
—
      
1,746
  
                                 
Total
  
$
7,771
    
$
2,429,806
    
$
1,344
    
$
40,754
  
Impaired Loan Information
Impaired loan information at the dates indicated follows (dollars in thousands):

 
Unpaid
Contractual
Principal
Balance
    
Recorded
Investment
With No
Allowance
    
Recorded
Investment
With
Allowance
    
Total
Recorded
Investment
    
Related
Allowance
    
Average
Recorded
Investment
  
March 31, 2022
                                    
Commercial real estate
  
$
1,063
    
$
—
    
$
1,063
    
$
1,063
    
$
546
    
$
2,375
  
Commercial - specialized
    
—
      
—
      
—
      
—
      
—
      
—
  
Commercial - general
    
4,941
      
1,112
      
3,829
      
4,941
      
479
      
4,897
  
Consumer:
                                                
1-4 family
    
2,002
      
1,298
      
704
      
2,002
      
166
      
1,930
  
Auto loans
    
—
      
—
      
—
      
—
      
—
      
—
  
Other consumer
    
—
      
—
      
—
      
—
      
—
      
—
  
Construction
    
—
      
—
      
—
      
—
      
—
      
—
  
                                                 
Total
  
$
8,006
    
$
2,410
    
$
5,596
    
$
8,006
    
$
1,191
    
$
9,202
  
                                                 
December 31, 2021
                                                
Commercial real estate
  
$
1,101
    
$
—
    
$
1,101
    
$
1,101
    
$
584
    
$
3,687
  
Commercial - specialized
    
—
      
—
      
—
      
—
      
—
      
—
  
Commercial - general
    
5,078
      
1,143
      
3,935
      
5,078
      
585
      
4,852
  
Consumer:
                                                
1-4 family
    
1,592
      
880
      
712
      
1,592
      
175
      
1,857
  
Auto loans
    
—
      
—
      
—
      
—
      
—
      
—
  
Other consumer
    
—
      
—
      
—
      
—
      
—
      
—
  
Construction
    
—
      
—
      
—
      
—
      
—
      
—
  
                                                 
Total
  
$
7,771
    
$
2,023
    
$
5,748
    
$
7,771
    
$
1,344
    
$
10,396
  
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 the dates indicated (dollars in thousands):

 
30-89 Days
Past Due
    
90 Days or
More Past Due
    
Nonaccrual
  
March 31, 2022
                  
Commercial real estate
  
$
58
    
$
1,302
    
$
1,063
  
Commercial - specialized
    
111
      
82
      
122
  
Commercial - general
    
1,729
      
96
      
4,994
  
Consumer:
                        
1-4 Family residential
    
4,127
      
944
      
2,914
  
Auto loans
    
326
      
31
      
—
  
Other consumer
    
1,128
      
124
      
43
  
Construction
    
1,186
      
14
      
412
  
                         
Total
  
$
8,665
    
$
2,593
    
$
9,548
  
                         
December 31, 2021
                        
Commercial real estate
  
$
393
    
$
45
    
$
1,101
  
Commercial - specialized
    
265
      
20
      
156
  
Commercial - general
    
4,032
      
97
      
5,236
  
Consumer:
                        
1-4 Family residential
    
2,496
      
903
      
2,815
  
Auto loans
    
332
      
—
      
—
  
Other consumer
    
538
      
15
      
44
  
Construction
    
937
      
—
      
166
  
                         
Total
  
$
8,993
    
$
1,080
    
$
9,518
  
Summary of Internal Classifications of Loans
The following table summarizes the internal classifications of loans at the dates indicated (dollars in thousands):

 
Pass
    
Special
Mention
    
Substandard
    
Doubtful
    
Total
  
March 31, 2022
                              
Commercial real estate
  
$
731,097
    
$
—
    
$
40,393
    
$
—
    
$
771,490
  
Commercial - specialized
    
348,785
      
—
      
1,358
      
—
      
350,143
  
Commercial - general
    
450,144
      
1,662
      
23,787
      
—
      
475,593
  
Consumer:
                                        
1-4 family residential
    
369,181
      
—
      
9,180
      
—
      
378,361
  
Auto loans
    
255,518
      
—
      
185
      
—
      
255,703
  
Other consumer
    
73,049
      
—
      
196
      
—
      
73,245
  
Construction
    
148,418
      
—
      
678
      
—
      
149,096
  
                                         
Total
  
$
2,376,192
    
$
1,662
    
$
75,777
    
$
—
    
$
2,453,631
  
                                         
December 31, 2021
                                        
Commercial real estate
  
$
713,852
    
$
—
    
$
41,592
    
$
—
    
$
755,444
  
Commercial - specialized
    
372,797
      
—
      
5,928
      
—
      
378,725
  
Commercial - general
    
450,790
      
1,676
      
7,558
      
—
      
460,024
  
Consumer:
                                        
1-4 family residential
    
379,458
      
—
      
8,232
      
—
      
387,690
  
Auto loans
    
239,869
      
—
      
850
      
—
      
240,719
  
Other consumer
    
67,822
      
—
      
291
      
—
      
68,113
  
Construction
    
146,696
      
—
      
166
      
—
      
146,862
  
                                         
Total
  
$
2,371,284
    
$
1,676
    
$
64,617
    
$
—
    
$
2,437,577