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Allowance for Loan Losses (Tables)
9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Information as to Impaired Loans, including PCI Loans
Information as to impaired loans, excluding purchased credit impaired loans, was as follows:
(Dollars in thousands)September 30, 2020December 31, 2019
Nonaccrual loans$19,266 $18,529 
Performing troubled debt restructurings: 
Commercial and industrial550 547 
Residential real estate599 359 
Total performing troubled debt restructurings1,149 906 
Total impaired loans, excluding purchase credit impaired loans$20,415 $19,435 
The total balance of all PCI loans from these acquisitions was as follows:
(Dollars in thousand)Unpaid Principal BalanceRecorded Investment
September 30, 2020  
Commercial real estate$6,304 $2,841 
Commercial and industrial683 281 
Residential real estate4,048 2,945 
Total PCI loans$11,035 $6,067 
December 31, 2019
Commercial real estate$6,597 $2,884 
Commercial and industrial556 135 
Residential real estate4,215 2,954 
Total PCI loans$11,368 $5,973 
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
September 30, 2020     
Individually evaluated impaired loans:     
Commercial real estate$7,022 $ $7,022 $7,355 $ 
Commercial and industrial4,465 4,717 9,182 10,031 798 
Residential real estate2,942 266 3,208 3,459 26 
Total$14,429 $4,983 $19,412 $20,845 $824 
December 31, 2019     
Individually evaluated impaired loans:     
Commercial real estate$4,832 $— $4,832 $5,156 $— 
Commercial and industrial10,739 913 11,652 12,521 363 
Residential real estate1,197 189 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 September 30, 2020   
Individually evaluated impaired loans:   
Commercial real estate$7,139 $ $ 
Commercial and industrial8,960 12  
Residential real estate3,265 7  
Total$19,364 $19 $ 
For the nine months ended September 30, 2020
Individually evaluated impaired loans:  
Commercial real estate$7,433 $ $ 
Commercial and industrial13,086 34 84 
Residential real estate3,266 26  
Total$23,785 $60 $84 
For the three months ended September 30, 2019   
Individually evaluated impaired loans:   
Commercial real estate$3,111 $$35 
Commercial and industrial6,752 14 349 
Residential real estate1,428 — 
Total$11,291 $23 $384 
For the nine months ended September 30, 2019
Individually evaluated impaired loans:
Commercial real estate$4,034 $$209 
Commercial and industrial9,080 33 573 
Residential real estate2,059 21 10 
Total$15,173 $56 $792 
Activity in the Allowance for Loan Losses and Allocation of the Allowance for Loans
Activity in the allowance for loan losses is presented below:
(Dollars in thousands)Commercial
Real Estate
Commercial
and Industrial
Residential
Real Estate
ConsumerTotal
For the three months ended September 30, 2020     
Allowance for loan losses:     
Beginning balance$7,987 $6,496 $2,565 $15 $17,063 
Provision (benefit) for loan losses1,820 1,679 781 (10)4,270 
Gross chargeoffs (10)(110)(4)(124)
Recoveries12 15 10 8 45 
Net (chargeoffs) recoveries12 5 (100)4 (79)
Ending allowance for loan losses$9,819 $8,180 $3,246 $9 $21,254 
For the nine months ended September 30, 2020
Allowance for loan losses:
Beginning balance$5,773 $5,515 $1,384 $2 $12,674 
Provision for loan losses4,034 4,347 1,921 32 10,334 
Gross chargeoffs (1,729)(110)(47)(1,886)
Recoveries12 47 51 22 132 
Net (chargeoffs) recoveries12 (1,682)(59)(25)(1,754)
Ending allowance for loan losses$9,819 $8,180 $3,246 $9 $21,254 
For the three months ended September 30, 2019
Allowance for loan losses:     
Beginning balance$5,219 $5,990 $1,142 $$12,353 
Provision (benefit) for loan losses184 (280)72 (16)
Gross chargeoffs— (49)— (34)(83)
Recoveries10 12 26 53 
Net (chargeoffs) recoveries(39)12 (8)(30)
Ending allowance for loan losses$5,408 $5,671 $1,226 $$12,307 
For the nine months ended September 30, 2019
Allowance for loan losses:
Beginning balance$5,227 $5,174 $1,164 $$11,566 
Provision for loan losses249 560 19 835 
Gross chargeoffs(74)(164)— (48)(286)
Recoveries101 55 30 192 
Net (chargeoffs) recoveries (68)(63)55 (18)(94)
Ending allowance for loan losses$5,408 $5,671 $1,226 $$12,307 
Allocation of the allowance for loan losses is presented below:
(Dollars in thousands)Commercial
Real Estate
Commercial
and Industrial
Residential
Real Estate
ConsumerTotal
September 30, 2020     
Allowance for loan losses:     
Individually evaluated for impairment$ $798 $26 $ $824 
Collectively evaluated for impairment9,109 7,352 3,023 9 19,493 
Acquired with deteriorated credit quality710 30 197  937 
Ending allowance for loan losses$9,819 $8,180 $3,246 $9 $21,254 
Balance of loans:
Individually evaluated for impairment$7,022 $9,182 $3,208 $ $19,412 
Collectively evaluated for impairment720,326 798,460 297,935 1,688 1,818,409 
Acquired with deteriorated credit quality2,841 281 2,945  6,067 
Total loans$730,189 $807,923 $304,088 $1,688 $1,843,888 
December 31, 2019
Allowance for loan losses:
Individually evaluated for impairment$— $363 $22 $— $385 
Collectively evaluated for impairment5,062 5,124 1,339 11,527 
Acquired with deteriorated credit quality711 28 23 — 762 
Ending allowance for loan losses$5,773 $5,515 $1,384 $$12,674 
Balance of loans:
Individually evaluated for impairment$4,832 $11,652 $1,386 $— $17,870 
Collectively evaluated for impairment596,930 398,441 207,499 896 1,203,766 
Acquired with deteriorated credit quality2,884 135 2,954 — 5,973 
Total loans$604,646 $410,228 $211,839 $896 $1,227,609