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Loans and Allowance for Loan Losses ("ALLL") (Tables)
 3 Months Ended
Mar. 31, 2022
Loans and Allowance for Loan Losses ("ALLL") [Abstract]  
Category of Loans
March 31, 2022
December 31, 2021
(Dollars in thousands)
Commercial
$
802,774
$
843,024
Commercial lines of credit
678,127
617,398
Energy
271,309
278,579
Commercial real estate
1,375,655
1,278,479
Construction and land development
563,538
574,852
Residential real estate
365,719
360,046
Multifamily real estate
243,107
240,230
Consumer
49,339
63,605
Loans, net of unearned fees
4,349,568
4,256,213
Less: allowance for credit losses
(1)
55,231
58,375
Loans, net
$
4,294,337
$
4,197,838
(1)
 
As of December 31, 2021, this line represents the allowance for loan losses. See further
 
discussion in "Note 1: Nature of Operations
and Summary of Significant Accounting Policies.”
Loans, Allowance for Loan Loss
For the Three Months Ended March 31, 2022
Commercial
(1)
Commercial
Lines of
Credit
(1)
Energy
Commercial
Real Estate
Construction
and Land
Development
Residential
Real
Estate
(2)
Multifamily
Real
Estate
(2)
Consumer
Total
(Dollars in thousands)
Allowance for Credit Losses:
Beginning balance, prior to
adoption of ASU 2016-13
$
20,352
$
-
$
9,229
$
19,119
$
3,749
$
5,598
$
-
$
328
$
58,375
Impact of ASU 2016-13
adoption
(10,213)
8,866
(39)
(186)
(83)
(2,552)
2,465
(5)
(1,747)
Charge-offs
(209)
(1,221)
(1,067)
(1,102)
-
-
-
(13)
(3,612)
Recoveries
755
21
1,754
-
-
-
-
1
2,531
Provision (credit)
(704)
1,695
(2,370)
797
12
43
(123)
334
(316)
Ending balance
$
9,981
$
9,361
$
7,507
$
18,628
$
3,678
$
3,089
$
2,342
$
645
$
55,231
Allowance for Credit Losses on Off-Balance Sheet Credit Exposures:
Beginning balance, prior to
adoption of ASU 2016-13
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
Impact of ASU 2016-13
adoption
107
44
265
711
3,914
5
137
1
5,184
Provision (credit)
(41)
109
(7)
42
(400)
(1)
(21)
10
(309)
Ending balance
$
66
$
153
$
258
$
753
$
3,514
$
4
$
116
$
11
$
4,875
(1)
 
Prior to the adoption of ASU 2016-13, the Commercial and Commercial lines of credit were consolidated under
 
the Commercial segment.
(2)
 
Prior to the adoption of ASU 2016-13, the Residential real estate and Multifamily real estate segments were consolidated
 
under the Residential and Multifamily Real Estate
segment.
Three Months Ended March 31, 2021
Commercial
Energy
Commercial
Real Estate
Construction
and Land
Development
Residential
and
Multifamily
Real Estate
PPP
Consumer
Total
(Dollars in thousands)
Allowance for loan losses:
Beginning
balance
$
24,693
$
18,341
$
22,354
$
3,612
$
5,842
$
-
$
453
$
75,295
Provision
7,015
1,951
(1,745)
225
214
-
(160)
7,500
Charge-offs
(8,266)
-
-
-
-
-
-
(8,266)
Recoveries
22
-
-
-
-
-
-
22
Ending balance
$
23,464
$
20,292
$
20,609
$
3,837
$
6,056
$
-
$
293
$
74,551
Loans, Credit Quality Indicators
As of December 31, 2021
Pass
Special
Mention
Substandard
Performing
Substandard
Nonperforming
Doubtful
Loss
Total
(Dollars in thousands)
Commercial
$
1,356,883
$
16,201
$
23,739
$
4,858
$
-
$
-
$
1,401,681
Energy
184,269
73,196
5,246
13,595
2,554
-
278,860
Commercial real
estate
1,172,323
86,768
11,782
10,222
-
-
1,281,095
Construction and
land development
578,758
-
-
-
-
-
578,758
Residential and
multifamily real
estate
593,847
257
6,508
204
-
-
600,816
PPP
64,805
-
-
-
-
-
64,805
Consumer
63,605
-
-
-
-
-
63,605
$
4,014,490
$
176,422
$
47,275
$
28,879
$
2,554
$
-
$
4,269,620
Loans, Past Due
As of March 31, 2022
Amortized Cost Basis by Origination Year and Past Due Status
Amortized Cost Basis
2022
2021
2020
2019
2018
2017 and
Prior
Revolving
loans
Revolving
loans
converted to
term loans
Total
(Dollars in thousands)
Commercial real estate
30-59 days
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
60-89 days
-
277
-
-
83
-
-
-
360
Greater than 90 days
-
-
-
-
-
-
-
-
-
Total past due
-
277
-
-
83
-
-
-
360
Current
85,098
350,913
158,337
121,898
89,564
103,684
330,590
135,211
1,375,295
Total
$
85,098
$
351,190
$
158,337
$
121,898
$
89,647
$
103,684
$
330,590
$
135,211
$
1,375,655
Greater than 90 days
and accruing
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
Construction and land development
30-59 days
$
-
$
553
$
-
$
-
$
-
$
-
$
-
$
-
$
553
60-89 days
-
-
-
-
-
-
-
-
-
Greater than 90 days
-
-
-
-
-
-
-
-
-
Total past due
-
553
-
-
-
-
-
-
553
Current
86,020
228,369
141,357
73,650
20,346
4,611
8,632
-
562,985
Total
$
86,020
$
228,922
$
141,357
$
73,650
$
20,346
$
4,611
$
8,632
$
-
$
563,538
Greater than 90 days
and accruing
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
Residential real estate
30-59 days
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
60-89 days
-
217
-
-
-
-
-
-
217
Greater than 90 days
-
-
-
-
-
-
-
-
-
Total past due
-
217
-
-
-
-
-
-
217
Current
12,954
80,569
129,918
48,600
53,487
38,565
1,208
201
365,502
Total
$
12,954
$
80,786
$
129,918
$
48,600
$
53,487
$
38,565
$
1,208
$
201
$
365,719
As of March 31, 2022
Amortized Cost Basis by Origination Year and Past Due Status
Amortized Cost Basis
2022
2021
2020
2019
2018
2017 and
Prior
Revolving
loans
Revolving
loans
converted to
term loans
Total
(Dollars in thousands)
Multifamily real estate
30-59 days
$
-
$
192
$
-
$
-
$
-
$
-
$
-
$
-
$
192
60-89 days
-
150
-
-
-
-
-
-
150
Greater than 90 days
-
-
-
-
-
-
-
40
40
Total past due
-
342
-
-
-
-
-
40
382
Current
25,829
46,169
6,733
12,134
3,238
1,961
121,985
24,676
242,725
Total
$
25,829
$
46,511
$
6,733
$
12,134
$
3,238
$
1,961
$
121,985
$
24,716
$
243,107
Greater than 90 days
and accruing
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
40
$
40
Consumer
30-59 days
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
60-89 days
-
-
-
-
-
-
-
-
-
Greater than 90 days
-
-
-
-
-
-
-
-
-
Total past due
-
-
-
-
-
-
-
-
-
Current
485
2,750
1,988
248
118
144
43,606
-
49,339
Total
$
485
$
2,750
$
1,988
$
248
$
118
$
144
$
43,606
$
-
$
49,339
Greater than 90 days
and accruing
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
Total
30-59 days
$
-
$
745
$
3
$
5
$
4
$
-
$
14,024
$
-
$
14,781
60-89 days
-
644
-
10
83
98
300
-
1,135
Greater than 90 days
-
-
-
1,494
468
662
8,097
40
10,761
Total past due
-
1,389
3
1,509
555
760
22,421
40
26,677
Current
297,233
1,084,637
574,137
322,881
230,822
178,694
1,429,599
204,888
4,322,891
Total
$
297,233
$
1,086,026
$
574,140
$
324,390
$
231,377
$
179,454
$
1,452,020
$
204,928
$
4,349,568
Greater than 90 days
and accruing
$
-
$
-
$
-
$
1,494
$
-
$
-
$
-
$
40
$
1,534
As of December 31, 2021
30-59 Days
Past Due
60-89 Days
Past Due
90 Days or
More
Total Past
Due
Current
Total Loans
Receivable
Loans >= 90
Days and
Accruing
(Dollars in thousands)
Commercial
$
183
$
499
$
1,037
$
1,719
$
1,399,962
$
1,401,681
$
90
Energy
-
-
4,644
4,644
274,216
278,860
-
Commercial real estate
85
992
-
1,077
1,280,018
1,281,095
-
Construction and land
development
966
117
-
1,083
577,675
578,758
-
Residential and multifamily
real estate
437
151
-
588
600,228
600,816
-
PPP
-
-
-
-
64,805
64,805
-
Consumer
-
99
-
99
63,506
63,605
-
$
1,671
$
1,858
$
5,681
$
9,210
$
4,260,410
$
4,269,620
$
90
Loans, Impaired
As of March 31, 2022
Loan Segment and Collateral Description
Amortized Cost of
Collateral Dependent
Loans
Related Allowance for
Credit Losses
Amortized Cost of
Collateral Dependent
Loans with no related
Allowance
(Dollars in thousands)
Commercial
All business assets
$
4,040
$
130
$
3,257
Commercial lines of credit
All business assets
10,987
-
10,987
Energy
Oil and natural gas properties
8,795
790
698
$
23,822
$
920
$
14,942
As of December 31, 2021
Commercial
Energy
Commercial
Real Estate
Construction
and Land
Development
Residential
and
Multifamily
Real Estate
PPP
Consumer
Total
(Dollars in thousands)
Period end allowance for loan losses allocated to:
Individually
evaluated for
impairment
$
333
$
2,100
$
3,164
$
-
$
-
$
-
$
-
$
5,597
Collectively
evaluated for
impairment
20,019
7,129
15,955
3,749
5,598
-
328
52,778
Ending balance
$
20,352
$
9,229
$
19,119
$
3,749
$
5,598
$
-
$
328
$
58,375
Allocated to loans:
Individually
evaluated for
impairment
$
5,739
$
16,204
$
31,597
$
-
$
3,387
$
-
$
-
$
56,927
Collectively
evaluated for
impairment
1,395,942
262,656
1,249,498
578,758
597,429
64,805
63,605
4,212,693
Ending balance
$
1,401,681
$
278,860
$
1,281,095
$
578,758
$
600,816
$
64,805
$
63,605
$
4,269,620
As of December 31, 2021
Recorded Balance
Unpaid Principal Balance
Specific Allowance
(Dollars in thousands)
 
Loans without a specific valuation
 
Commercial
$
4,659
$
4,740
$
-
 
Energy
 
3,509
7,322
-
Commercial real estate
1,729
1,729
-
 
Construction and land development
 
-
-
-
Residential and multifamily real estate
3,387
3,387
-
 
PPP
 
-
-
-
Consumer
-
-
-
 
Loans with a specific valuation
 
Commercial
1,080
1,080
333
 
Energy
 
12,695
17,977
2,100
Commercial real estate
29,868
30,854
3,164
 
Construction and land development
 
-
-
-
Residential and multifamily real estate
-
-
-
 
PPP
 
-
-
-
Consumer
-
-
-
 
Total
 
Commercial
5,739
5,820
333
 
Energy
 
16,204
25,299
2,100
Commercial real estate
31,597
32,583
3,164
 
Construction and land development
 
-
-
-
Residential and multifamily real estate
3,387
3,387
-
 
PPP
 
-
-
-
Consumer
-
-
-
56,927
67,089
5,597
Loans, Nonaccrual
As of March 31, 2022
Amortized Cost Basis by Origination Year and On Nonaccrual
Amortized Cost Basis
2022
2021
2020
2019
2018
2017 and
Prior
Revolving
loans
Revolving
loans
converted
to term
loans
Total
Nonaccrual
Loans
Nonaccrual
Loans with
no related
Allowance
(Dollars in thousands)
Commercial
$
-
$
1,572
$
13
$
24
$
482
$
760
$
-
$
1,914
$
4,765
$
3,257
Commercial lines of credit
-
-
-
-
-
-
10,987
-
10,987
10,987
Energy
-
-
-
-
-
-
8,795
-
8,795
698
Commercial real estate
-
3,750
303
-
83
1,136
-
3,051
8,323
8,241
Construction and land
development
-
-
-
-
-
-
-
-
-
-
Residential real estate
-
-
-
-
-
-
-
201
201
201
Multifamily real estate
-
-
-
-
-
-
-
-
-
-
Consumer
-
-
-
-
-
-
-
-
-
-
Total
$
-
$
5,322
$
316
$
24
$
565
$
1,896
$
19,782
$
5,166
$
33,071
$
23,384
December 31, 2021
(Dollars in thousands)
Commercial
$
4,858
Energy
16,148
Commercial real estate
10,222
Construction and land development
-
Residential and multifamily real estate
204
PPP
-
Consumer
-
Total non-accrual loans
$
31,432