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Allowance for Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2020
Receivables [Abstract]  
Information as to Impaired Loans, including PCI Loans
The total balance of all PCI loans from these acquisitions was as follows:
(Dollars in thousand)
 
Unpaid Principal Balance
 
Recorded Investment
March 31, 2020
 
 

 
 

Commercial real estate
 
$
6,558

 
$
2,990

Commercial and industrial
 
1,348

 
779

Residential real estate
 
4,192

 
2,969

Total PCI loans
 
$
12,098

 
$
6,738

December 31, 2019
 
 
 
 
Commercial real estate
 
$
6,597

 
$
2,884

Commercial and industrial
 
556

 
135

Residential real estate
 
4,215

 
2,954

Total PCI loans
 
$
11,368

 
$
5,973

Information as to impaired loans, excluding purchased credit impaired loans, was as follows:
(Dollars in thousands)
 
March 31, 2020
 
December 31, 2019
Nonaccrual loans
 
$
15,224

 
$
18,529

Performing troubled debt restructurings:
 
 

 
 
Commercial and industrial
 
541

 
547

Residential real estate
 
599

 
359

Total performing troubled debt restructurings
 
1,140

 
906

Total impaired loans, excluding purchase credit impaired loans
 
$
16,364

 
$
19,435

Loans individually evaluated for impairment are presented below.
(Dollars in thousands)
 
Recorded investment with
no related
allowance
 
Recorded investment
with related
allowance
 
Total
recorded
investment
 
Contractual
principal
balance
 
Related
allowance
March 31, 2020
 
 

 
 

 
 

 
 

 
 

Individually evaluated impaired loans:
 
 

 
 

 
 

 
 

 
 

Commercial real estate
 
$
3,721

 
$
—

 
$
3,721

 
$
4,014

 
$
—

Commercial and industrial
 
9,279

 
624

 
9,903

 
10,437

 
318

Residential real estate
 
1,192

 
188

 
1,380

 
1,529

 
22

Total
 
$
14,192

 
$
812

 
$
15,004

 
$
15,980

 
$
340

December 31, 2019
 
 

 
 

 
 

 
 

 
 

Individually evaluated impaired loans:
 
 

 
 

 
 

 
 

 
 

Commercial real estate
 
$
4,832

 
$
—

 
$
4,832

 
$
5,156

 
$
—

Commercial and industrial
 
10,739

 
913

 
11,652

 
12,521

 
363

Residential real estate
 
1,197

 
189

 
1,386

 
1,570

 
22

Total
 
$
16,768

 
$
1,102

 
$
17,870

 
$
19,247

 
$
385

(Dollars in thousands)
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Cash Basis
Interest
Recognized
For the three months ended March 31, 2020
 
 

 
 

 
 

Individually evaluated impaired loans:
 
 

 
 

 
 

Commercial real estate
 
$
4,015

 
$
—

 
$
—

Commercial and industrial
 
10,998

 
11

 
18

Residential real estate
 
1,383

 
9

 
—

Total
 
$
16,396

 
$
20

 
$
18

For the three months ended March 31, 2019
 
 
 
 
 
 
Individually evaluated impaired loans:
 
 
 
 

 
 

Commercial real estate
 
$
5,467

 
$
—

 
$
173

Commercial and industrial
 
10,868

 
9

 
224

Residential real estate
 
2,746

 
7

 
—

Total
 
$
19,081

 
$
16

 
$
397
Activity in the Allowance for Loan Losses and Allocation of the Allowance for Loans
Activity in the allowance for loan losses and the allocation of the allowance for loans was as follows:
(Dollars in thousands)
 
Commercial
Real Estate
 
Commercial
and Industrial
 
Residential
Real Estate
 
Consumer
 
Total
For the three months ended March 31, 2020
 
 

 
 

 
 

 
 

 
 

Allowance for loan losses:
 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
5,773

 
$
5,515

 
$
1,384

 
$
2

 
$
12,674

Provision for loan losses
 
350

 
87

 
23

 
29

 
489

Gross chargeoffs
 
—

 
(187
)
 
—

 
(31
)
 
(218
)
Recoveries
 
—

 
8

 
34

 
2

 
44

Net (chargeoffs) recoveries
 
—

 
(179
)
 
34

 
(29
)
 
(174
)
Ending allowance for loan losses
 
$
6,123

 
$
5,423

 
$
1,441

 
$
2

 
$
12,989

For the three months ended March 31, 2019
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
5,227

 
$
5,174

 
$
1,164

 
$
1

 
$
11,566

Provision (benefit) for loan losses
 
(46
)
 
477

 
(15
)
 
6

 
422

Gross chargeoffs
 
—

 
(95
)
 
—

 
(6
)
 
(101
)
Recoveries
 
—

 
50

 
21

 
2

 
73

Net (chargeoffs) recoveries
 
—

 
(45
)
 
21

 
(4
)
 
(28
)
Ending allowance for loan losses
 
$
5,181

 
$
5,606

 
$
1,170

 
$
3

 
$
11,960


(Dollars in thousands)
 
Commercial
Real Estate
 
Commercial
and Industrial
 
Residential
Real Estate
 
Consumer
 
Total
March 31, 2020
 
 

 
 

 
 

 
 

 
 

Allowance for loan losses:
 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
 
$
—

 
$
318

 
$
22

 
$
—

 
$
340

Collectively evaluated for impairment
 
5,417

 
5,076

 
1,396

 
2

 
11,891

Acquired with deteriorated credit quality
 
706

 
29

 
23

 
—

 
758

Ending allowance for loan losses
 
$
6,123

 
$
5,423

 
$
1,441

 
$
2

 
$
12,989

Balance of loans:
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
3,721

 
$
9,903

 
$
1,380

 
$
—

 
$
15,004

Collectively evaluated for impairment
 
722,199

 
458,545

 
258,545

 
5,376

 
1,444,665

Acquired with deteriorated credit quality
 
2,990

 
779

 
2,969

 
—

 
6,738

Total loans
 
$
728,910

 
$
469,227

 
$
262,894

 
$
5,376

 
$
1,466,407

December 31, 2019
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
—

 
$
363

 
$
22

 
$
—

 
$
385

Collectively evaluated for impairment
 
5,062

 
5,124

 
1,339

 
2

 
11,527

Acquired with deteriorated credit quality
 
711

 
28

 
23

 
—

 
762

Ending allowance for loan losses
 
$
5,773

 
$
5,515

 
$
1,384

 
$
2

 
$
12,674

Balance of loans:
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
4,832

 
$
11,652

 
$
1,386

 
$
—

 
$
17,870

Collectively evaluated for impairment
 
596,930

 
398,441

 
207,499

 
896

 
1,203,766

Acquired with deteriorated credit quality
 
$
2,884

 
135

 
2,954

 
—

 
5,973

Total loans
 
$
604,646

 
$
410,228

 
$
211,839

 
$
896

 
$
1,227,609