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LOANS HELD FOR INVESTMENT (Tables)
 9 Months Ended
Sep. 30, 2022
LOANS HELD FOR INVESTMENT [Abstract]  
Summary of Loans Held for Investment by Category
Loans held for investment are summarized by category as of the periods presented below (dollars in thousands):

 
September 30,
2022
    
December 31,
2021
  
Commercial real estate
  
$
869,231
    
$
755,444
  
Commercial - specialized
    
368,204
      
378,725
  
Commercial - general
    
477,209
      
460,024
  
Consumer:
                
1-4 family residential
    
424,802
      
387,690
  
Auto loans
    
309,110
      
240,719
  
Other consumer
    
80,524
      
68,113
  
Construction
    
161,286
      
146,862
  
     
2,690,366
      
2,437,577
  
Allowance for loan losses
    
(39,657
)
    
(42,098
)
Loans, net
  
$
2,650,709
    
$
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 September 30, 2022
                              
Commercial real estate
  
$
13,903
    
$
(1,292
)
  
$
—
    
$
—
    
$
12,611
  
Commercial - specialized
    
3,355
      
(481
)
    
(43
)
    
874
      
3,705
  
Commercial - general
    
9,918
      
372
      
—
      
135
      
10,425
  
Consumer:
                                        
1-4 family residential
    
5,329
      
247
      
(52
)
    
37
      
5,561
  
Auto loans
    
3,958
      
(39
)
    
(77
)
    
50
      
3,892
  
Other consumer
    
1,443
      
282
      
(374
)
    
104
      
1,455
  
Construction
    
1,879
      
129
      
—
      
—
      
2,008
  

 
$
39,785
    
$
(782
)
  
$
(546
)
  
$
1,200
    
$
39,657
  
                                         
For the three months ended September 30, 2021
                                        
Commercial real estate
  
$
17,288
    
$
960
    
$
—
    
$
—
    
$
18,248
  
Commercial - specialized
    
4,823
      
(596
)
    
(16
)
    
20
      
4,231
  
Commercial - general
    
8,948
      
(838
)
    
(2
)
    
63
      
8,171
  
Consumer:
                                        
1-4 family residential
    
5,064
      
135
      
—
      
2
      
5,201
  
Auto loans
    
3,815
      
79
      
(111
)
    
20
      
3,803
  
Other consumer
    
1,434
      
139
      
(213
)
    
42
      
1,402
  
Construction
    
1,591
      
121
      
—
      
—
      
1,712
  

 
$
42,963
    
$
—
    
$
(342
)
  
$
147
    
$
42,768
  

 
Beginning
Balance
    
Provision for
Loan Losses
    
Charge-offs
    
Recoveries
    
Ending
Balance
  
For the nine months ended September 30, 2022
                              
Commercial real estate
  
$
17,245
    
$
(5,052
)
  
$
—
    
$
418
    
$
12,611
  
Commercial - specialized
    
4,363
      
(1,494
)
    
(149
)
    
985
      
3,705
  
Commercial - general
    
8,466
      
1,883
      
(315
)
    
391
      
10,425
  
Consumer:
                                        
1-4 family residential
    
5,268
      
346
      
(92
)
    
39
      
5,561
  
Auto loans
    
3,653
      
344
      
(233
)
    
128
      
3,892
  
Other consumer
    
1,357
      
678
      
(801
)
    
221
      
1,455
  
Construction
    
1,746
      
428
      
(166
)
    
—
      
2,008
  

 
$
42,098
    
$
(2,867
)
  
$
(1,756
)
  
$
2,182
    
$
39,657
  
                                         
For the nine months ended September 30, 2021
                                        
Commercial real estate
  
$
18,962
    
$
(714
)
  
$
—
    
$
—
    
$
18,248
  
Commercial - specialized
    
5,760
      
(1,627
)
    
(21
)
    
119
      
4,231
  
Commercial - general
    
9,227
      
(870
)
    
(379
)
    
193
      
8,171
  
Consumer:
                                        
1-4 family residential
    
4,646
      
602
      
(52
)
    
5
      
5,201
  
Auto loans
    
4,226
      
(88
)
    
(438
)
    
103
      
3,803
  
Other consumer
    
1,671
      
132
   
(590
)
    
189
      
1,402
  
Construction
    
1,061
      
647
      
—
      
4
      
1,712
  

 
$
45,553
    
$
(1,918
)
  
$
(1,480
)
  
$
613
    
$
42,768
  

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
  
September 30, 2022
                        
Commercial real estate
  
$
—
    
$
869,231
    
$
—
    
$
12,611
  
Commercial - specialized
    
—
      
368,204
      
—
      
3,705
  
Commercial - general
    
3,469
      
473,740
      
108
      
10,317
  
Consumer:
                                
1-4 family residential
    
750
      
424,052
      
9
      
5,552
  
Auto loans
    
—
      
309,110
      
—
      
3,892
  
Other consumer
    
—
      
80,524
      
—
      
1,455
  
Construction
    
—
      
161,286
      
—
      
2,008
  

 
$
4,219
    
$
2,686,147
    
$
117
    
$
39,540
  
                                 
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
  

 
$
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
  
September 30, 2022
                                    
Commercial real estate
  
$
—
    
$
—
    
$
—
    
$
—
    
$
—
    
$
551
  
Commercial - specialized
    
—
      
—
      
—
      
—
      
—
      
—
  
Commercial - general
    
3,469
      
833
      
2,636
      
3,469
      
108
      
4,274
  
Consumer:
                                                
1-4 family residential
    
750
      
486
      
264
      
750
      
9
      
1,171
  
Auto loans
    
—
      
—
      
—
      
—
      
—
      
—
  
Other consumer
    
—
      
—
      
—
      
—
      
—
      
—
  
Construction
    
—
      
—
      
—
      
—
      
—
      
—
  

 
$
4,219
    
$
1,319
    
$
2,900
    
$
4,219
    
$
117
    
$
5,996
  
                                                 
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 residential
    
1,592
      
880
      
712
      
1,592
      
175
      
1,857
  
Auto loans
    
—
      
—
      
—
      
—
      
—
      
—
  
Other consumer
    
—
      
—
      
—
      
—
      
—
      
—
  
Construction
    
—
      
—
      
—
      
—
      
—
      
—
  

 
$
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
  
September 30, 2022
                  
Commercial real estate
  
$
573
    
$
819
    
$
—
  
Commercial - specialized
    
139
      
30
      
40
  
Commercial - general
    
2,342
      
2
      
3,482
  
Consumer:
                        
1-4 family residential
    
1,366
      
1,763
      
1,384
  
Auto loans
    
499
      
150
      
—
  
Other consumer
    
1,415
      
125
      
39
  
Construction
    
382
      
—
      
—
  

 
$
6,716
    
$
2,889
    
$
4,945
  
                         
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
  

 
$
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
  
September 30, 2022
                              
Commercial real estate
  
$
841,324
    
$
—
    
$
27,907
    
$
—
    
$
869,231
  
Commercial - specialized
    
367,346
      
—
      
858
      
—
      
368,204
  
Commercial - general
    
448,397
      
—
      
28,812
      
—
      
477,209
  
Consumer:
                                        
1-4 family residential
    
415,392
      
—
      
9,410
      
—
      
424,802
  
Auto loans
    
308,730
      
—
      
380
      
—
      
309,110
  
Other consumer
    
80,323
      
—
      
201
      
—
      
80,524
  
Construction
    
160,309
      
—
      
977
      
—
      
161,286
  

 
$
2,621,821
    
$
—
    
$
68,545
    
$
—
    
$
2,690,366
  
                                         
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
  

 
$
2,371,284
    
$
1,676
    
$
64,617
    
$
—
    
$
2,437,577