BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2020

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule illustrates the impact of ASC 326

		January 1, 2020
		As Reported				Impact of
		Under		Pre-ASC 326		ASC 326
(dollars in thousands)		ASC 326		Adoption		Adoption
Assets:
Loans
Commercial	$	1,056,986	$	1,055,185	$	1,801
Commercial real estate		1,528,119		1,526,504		1,615
Construction and land development		209,551		208,733		818
Residential real estate		570,882		568,291		2,591
Consumer		710,646		710,116		530
Lease Financing		332,581		332,581		—
Allowance for credit losses on loans		(40,811)		(28,028)		(12,783)
Liabilities:
Allowance for credit losses on unfunded commitments		(1,507)		(1,244)		(263)