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LOANS (Tables)
 3 Months Ended
Mar. 31, 2020
Receivables [Abstract]  
Summary of Loans
Loans at March 31, 2020 and December 31, 2019 were as follows:
March 31,
2020		December 31,
2019
Loans
Construction and land development$627,178  $591,541  
Commercial real estate:
Nonfarm, nonresidential955,348  944,021  
Other42,610  49,891  
Residential real estate:
Closed-end 1-4 family456,610  455,920  
Other191,976  187,681  
Commercial and industrial581,598  582,641  
Consumer and other4,454  4,769  
Loans before net deferred loan fees2,859,774  2,816,464  
Deferred loan fees, net(4,006) (4,020) 
Total loans2,855,768  2,812,444  
Allowance for loan losses(38,403) (45,436) 
Total loans, net of allowance for loan losses$2,817,365  $2,767,008  
Activity in Allowance for Loan Losses by Portfolio Segment
The following table presents the activity in the allowance for loan losses by portfolio segment for the three-month periods ended March 31, 2020 and 2019:
Construction
and Land
Development		Commercial
Real
Estate		Residential
Real
Estate		Commercial
and
Industrial		Consumer
and
Other		Total
Three Months Ended March 31, 2020
Allowance for loan losses:
Beginning balance$4,847  $8,113  $4,462  $27,957  $57  $45,436  
Provision for loan losses1,570  905  312  10,222  13  13,022  
Loans charged-off—  —  (8) (20,501) (21) (20,530) 
Recoveries—  —  1  468  6  475  
Total ending allowance balance$6,417  $9,018  $4,767  $18,146  $55  $38,403  
Three Months Ended March 31, 2019
Allowance for loan losses:
Beginning balance$4,743  $6,725  $4,743  $7,166  $74  $23,451  
Provision for loan losses(1) 302  80  4,631  43  5,055  
Loans charged-off—  —  (15) (568) (70) (653) 
Recoveries—  —  2  —  2  4  
Total ending allowance balance$4,742  $7,027  $4,810  $11,229  $49  $27,857  
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of March 31, 2020 and December 31, 2019. For purposes of this disclosure, recorded investment in loans excludes accrued interest receivable and net deferred loan fees due to immateriality.
Construction
and Land
Development		Commercial
Real
Estate		Residential
Real
Estate		Commercial
and
Industrial		Consumer
and
Other		Total
March 31, 2020
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment$—  $—  $—  $6,760  $—  $6,760  
Collectively evaluated for impairment6,417  9,018  4,767  11,386  55  31,643  
Total ending allowance balance$6,417  $9,018  $4,767  $18,146  $55  $38,403  
Loans:
Individually evaluated for impairment$—  $3,460  $3,255  $20,719  $—  $27,434  
Collectively evaluated for impairment627,178  994,498  645,331  560,879  4,454  2,832,340  
Total ending loans balance$627,178  $997,958  $648,586  $581,598  $4,454  $2,859,774  
December 31, 2019
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment$—  $—  $17  $20,754  $—  $20,771  
Collectively evaluated for impairment4,847  8,113  4,445  7,203  57  24,665  
Total ending allowance balance$4,847  $8,113  $4,462  $27,957  $57  $45,436  
Loans:
Individually evaluated for impairment$30  $—  $2,477  $24,528  $—  $27,035  
Collectively evaluated for impairment591,511  993,912  641,124  558,113  4,769  2,789,429  
Total ending loans balance$591,541  $993,912  $643,601  $582,641  $4,769  $2,816,464  
Summary of Impaired Loans by Class of Loans
The following table presents information related to impaired loans by class of loans as of March 31, 2020 and December 31, 2019:
Unpaid
Principal
Balance		Recorded
Investment		Allowance for
Loan Losses
Allocated
March 31, 2020
With no allowance recorded:
Commercial real estate:
Nonfarm, nonresidential$3,460  $3,460  $—  
Residential real estate:
Closed-end 1-4 family950  942  —  
Other2,313  2,313  —  
Commercial and industrial13,391  13,391  —  
Subtotal20,114  20,106  —  
With an allowance recorded:
Commercial and industrial7,328  7,328  6,760  
Subtotal7,328  7,328  6,760  
Total$27,442  $27,434  $6,760  
December 31, 2019
With no allowance recorded:
Construction and land development$30  $30  $—  
Residential real estate:
Closed-end 1-4 family319  311  —  
Other1,523  1,523  —  
Commercial and industrial11  11  —  
Subtotal1,883  1,875  —  
With an allowance recorded:
Residential real estate:
Closed-end 1-4 family643  643  17  
Commercial and industrial24,517  24,517  20,754  
Subtotal25,160  25,160  20,771  
Total$27,043  $27,035  $20,771  
The following table presents the average recorded investment of impaired loans by class of loans for the three months ended March 31, 2020 and 2019:
Three Months Ended
March 31,
Average Recorded Investment20202019
With no allowance recorded:
Construction and land development$10  $768  
Commercial real estate:
Nonfarm, nonresidential4,584  51  
Residential real estate:
Closed-end 1-4 family1,260  806  
Other2,840  1,264  
Commercial and industrial19,162  —  
Subtotal$27,856  $2,889  
With an allowance recorded:
Construction and land development$—  $183  
Commercial real estate:
Nonfarm, nonresidential156  —  
Residential real estate:
Closed-end 1-4 family213  —  
Commercial and industrial—  3,170  
Subtotal369  3,353  
Total average recorded investment$28,225  $6,242  
Schedule of Recorded Investment in Nonaccrual and Loans Past Due Over 90 Days on Accrual by Class of Loans
The following table presents the recorded investment in nonaccrual loans and loans past due over 90 days still on accrual by class of loans as of March 31, 2020 and December 31, 2019:
NonaccrualLoans Past Due
Over 90 Days And
Still Accruing Interest
March 31, 2020
Commercial real estate:
Nonfarm, nonresidential$3,460  $—  
Residential real estate:
Closed-end 1-4 family942  —  
Other2,313  —  
Commercial and industrial20,719  —  
Total$27,434  $—  
December 31, 2019
Construction and land development$30  $—  
Residential real estate:
Closed-end 1-4 family954  —  
Other1,523  —  
Commercial and industrial24,528  654  
Total$27,035  $654  
Schedule of Aging of Recorded Investment in Past Due Loans by Class of Loans
The following table presents the aging of the recorded investment in past due loans as of March 31, 2020 and December 31, 2019 by class of loans:
30-59
Days
Past Due		60-89
Days
Past Due		Greater
Than 89
Days
Past Due		Total
Past Due		Loans
Not
Past Due		Total
March 31, 2020
Construction and land development$1,753  $2,484  $—  $4,237  $622,941  $627,178  
Commercial real estate:
Nonfarm, nonresidential8,149  —  3,460  11,609  943,739  955,348  
Other—  —  —  —  42,610  42,610  
Residential real estate:
Closed-end 1-4 family4,729  2  —  4,731  451,879  456,610  
Other916  —  395  1,311  190,665  191,976  
Commercial and industrial3,857  619  15,311  19,787  561,811  581,598  
Consumer and other—  —  —  —  4,454  4,454  
$19,404  $3,105  $19,166  $41,675  $2,818,099  $2,859,774  
December 31, 2019
Construction and land development
$508  $—  $30  $538  $591,003  $591,541  
Commercial real estate:
Nonfarm, nonresidential3,981  —  —  3,981  940,040  944,021  
Other—  —  —  —  49,891  49,891  
Residential real estate:
Closed-end 1-4 family2,688  224  8  2,920  453,000  455,920  
Other85  961  555  1,601  186,080  187,681  
Commercial and industrial663  7,156  735  8,554  574,087  582,641  
Consumer and other—  —  —  —  4,769  4,769  
$7,925  $8,341  $1,328  $17,594  $2,798,870  $2,816,464  
Summary of Risk Category of Loans by Class of Loans Based on the most recent analysis performed, the risk category of loans by class of loans is as follows as of March 31, 2020 and December 31, 2019:
PassSpecial
Mention		SubstandardTotal
March 31, 2020
Construction and land development$627,178  $—  $—  $627,178  
Commercial real estate:
Nonfarm, nonresidential946,120  4,012  5,216  955,348  
Other42,610  —  —  42,610  
Residential real estate:
Closed-end 1-4 family453,892  819  1,899  456,610  
Other188,830  —  3,146  191,976  
Commercial and industrial543,565  600  37,433  581,598  
Consumer and other4,454  ——  4,454  
$2,806,649  $5,431  $47,694  $2,859,774  

PassSpecial
Mention		SubstandardTotal
December 31, 2019
Construction and land development$591,293  $248  $—  $591,541  
Commercial real estate:
Nonfarm, nonresidential941,260  997  1,764  944,021  
Other49,891  —  —  49,891  
Residential real estate:
Closed-end 1-4 family452,363  825  2,732  455,920  
Other185,170  —  2,511  187,681  
Commercial and industrial539,442  943  42,256  582,641  
Consumer and other4,769  —  —  4,769  
$2,764,188  $3,013  $49,263  $2,816,464