Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2018

Loans and Allowance for Loan Losses

Summary of loans

	June 30,		December 31,
	2018		2017
	(In thousands)
Mortgage warehouse lines of credit	$	397,852	$	224,937
Residential real estate		380,228		330,410
Multi-family and healthcare financing		703,305		529,259
Commercial and commercial real estate		271,661		228,668
Agricultural production and real estate		69,204		51,966
Consumer and margin loans		12,029		9,420
		1,834,279		1,374,660
Less
Allowance for loan losses		10,588		8,311
Loans Receivable	$	1,823,691	$	1,366,349

Summary of activity in the allowance for loans and recorded investment by loan portfolio

	At or For the Three Months Ended June 30, 2018
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, beginning of period	$	506	$	1,664		4,250	$	2,685	$	333	$	267	$	9,705
Provision for loan losses		140		133		412		252		59		2		998
Loans charged to the allowance		—		—		—		(135)		—		(11)		(146)
Recoveries of loans previously charged off		—		15		—		1		—		15		31
Balance, end of period	$	646	$	1,812	$	4,662	$	2,803	$	392	$	273	$	10,588
Ending balance: individually evaluated for impairment	$	175	$	—	$	—	$	200	$	20	$	146	$	541
Ending balance: collectively evaluated for impairment	$	471	$	1,812	$	4,662	$	2,603	$	372	$	127	$	10,047
Loans
Ending balance	$	397,852	$	380,228		703,305	$	271,661	$	69,204	$	12,029	$	1,834,279
Ending balance individually evaluated for impairment	$	804	$	1,066	$	110	$	6,539	$	636	$	196	$	9,351
Ending balance collectively evaluated for impairment	$	397,048	$	379,162	$	703,195	$	265,122	$	68,568	$	11,833	$	1,824,928

	For the Three Months Ended June 30, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, beginning of period	$	181	$	1,928		2,097	$	1,918	$	306	$	120	$	6,550
Provision for loan losses		100		10		329		(148)		(35)		(16)		240
Loans charged to the allowance		—		—		—		—		—		—		—
Recoveries of loans previously charged off		—		—		—		75		—		—		75
Balance, end of period	$	281	$	1,938	$	2,426	$	1,845	$	271	$	104	$	6,865

	For the Six Months Ended June 30, 2018
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, beginning of period	$	283	$	1,587		3,502	$	2,362	$	320	$	257	$	8,311
Provision for loan losses		363		209		1,160		575		72		25		2,404
Loans charged to the allowance		—		—		—		(135)		—		(28)		(163)
Recoveries of loans previously charged off		—		16		—		1		—		19		36
Balance, end of period	$	646	$	1,812	$	4,662	$	2,803	$	392	$	273	$	10,588

	For the Six Months Ended June 30, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, beginning of period	$	373	$	2,170		1,962	$	1,374	$	269	$	102	$	6,250
Provision for loan losses		(92)		(232)		464		370		2		(32)		480
Loans charged to the allowance		—		—		—		—		—		—		—
Recoveries of loans previously charged off		—		—		—		101		—		34		135
Balance, end of period	$	281	$	1,938	$	2,426	$	1,845	$	271	$	104	$	6,865

Summary of activity in the allowance for loan losses

	December 31, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, December 31, 2017	$	283	$	1,587	$	3,502	$	2,362	$	320	$	257	$	8,311
Ending balance: individually evaluated for impairment	$	—	$	—	$	—	$	200	$	16	$	146	$	362
Ending balance: collectively evaluated for impairment	$	283	$	1,587	$	3,502	$	2,162	$	304	$	111	$	7,949
Loans
Ending balance	$	224,937	$	330,410		529,259	$	228,668	$	51,966	$	9,420	$	1,374,660
Ending balance individually evaluated for impairment	$	—	$	729	$	—	$	6,179	$	282		146	$	7,336
Ending balance collectively evaluated for impairment	$	224,937	$	329,681	$	529,259	$	222,489	$	51,684	$	9,274	$	1,367,324

Schedule of credit risk profile of loan portfolio

	June 30, 2018
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Special Mention (Watch)	$	—	$	306	$	34,637	$	13,208	$	2,659	$	1,589	$	52,399
Substandard		804		1,066		110		6,539		636		196		9,351
Doubtful		—		—		—		—		—		—		—
Acceptable and Above		397,048		378,856		668,558		251,914		65,909		10,244		1,772,529
Total	$	397,852	$	380,228	$	703,305	$	271,661	$	69,204	$	12,029	$	1,834,279

	December 31, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Special Mention (Watch)	$	—	$	—	$	1,800	$	12,608	$	323	$	1,563	$	16,294
Substandard		—		729		—		6,179		282		146		7,336
Doubtful		—		—		—		—		—		—		—
Acceptable and Above		224,937		329,681		527,459		209,881		51,361		7,711		1,351,030
Total	$	224,937	$	330,410	$	529,259	$	228,668	$	51,966	$	9,420	$	1,374,660

Schedule of aging analysis of the recorded investment in loans

	June 30, 2018
	30-59 Days		60-89 Days		Greater Than		Total				Total
	Past Due		Past Due		90 Days		Past Due		Current		Loans
	(In thousands)
MTG WHLOC	$	—	$	—	$	546	$	546	$	397,306	$	397,852
RES RE		218		115		686		1,019		379,209		380,228
MF RE		3,176		—		—		3,176		700,129		703,305
CML & CRE		148		140		2,188		2,476		269,185		271,661
AG & AGRE		389		—		407		796		68,408		69,204
CON & MAR		10		31		161		202		11,827		12,029
	$	3,941	$	286	$	3,988	$	8,215	$	1,826,064	$	1,834,279

	December 31, 2017
	30-59 Days		60-89 Days		Greater Than		Total				Total
	Past Due		Past Due		90 Days		Past Due		Current		Loans
	(In thousands)
MTG WHLOC	$	—	$	—	$	—	$	—	$	224,937	$	224,937
RES RE		—		194		534		728		329,682		330,410
MF RE		—		—		—		—		529,259		529,259
CML & CRE		—		860		2,061		2,921		225,747		228,668
AG & AGRE		59		—		399		458		51,508		51,966
CON & MAR		—		—		146		146		9,274		9,420
	$	59	$	1,054	$	3,140	$	4,253	$	1,370,407	$	1,374,660

Schedule of components of impaired loans and specific valuation allowance

	June 30, 2018
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Impaired loans without a specific allowance:
Recorded investment	$	258	$	1,066	$	110	$	4,456	$	354	$	50	$	6,294
Unpaid principal balance		258		1,066		110		4,456		354		50		6,294
Impaired loans with a specific allowance:
Recorded investment		546		—		—		2,083		282		146		3,057
Unpaid principal balance		546		—		—		2,083		282		146		3,057
Specific allowance		175		—		—		200		20		146		541
Total impaired loans:
Recorded investment		804		1,066		110		6,539		636		196		9,351
Unpaid principal balance		804		1,066		110		6,539		636		196		9,351
Specific allowance		175		—		—		200		20		146		541

	December 31, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Impaired loans without a specific allowance:
Recorded investment	$	—	$	729	$	—	$	4,119	$	—	$	—	$	4,848
Unpaid principal balance		—		729		—		4,119		—		—		4,848
Impaired loans with a specific allowance:
Recorded investment		—		—		—		2,060		282		146		2,488
Unpaid principal balance		—		—		—		2,060		282		146		2,488
Specific allowance		—		—		—		200		16		146		362
Total impaired loans:
Recorded investment		—		729		—		6,179		282		146		7,336
Unpaid principal balance		—		729		—		6,179		282		146		7,336
Specific allowance		—		—		—		200		16		146		362

Schedule of average recorded investment and interest income recognized in impaired loans

	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Three months ended June 30, 2018:
Average recorded investment in impaired loans	$	774	$	1,095	$	112	$	6,674	$	634	$	196	$	9,485
Interest income recognized		40		30		2		79		39		1		191
Three months ended June 30, 2017:
Average recorded investment in impaired loans	$	—	$	326	$	—	$	4,271	$	243	$	—	$	4,840
Interest income recognized		—		(1)		—		(20)		—		—		(21)

	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Six months ended June 30, 2018:
Average recorded investment in impaired loans	$	1,137	$	1,051	$	114	$	6,657	$	634	$	189	$	9,782
Interest income recognized		59		33		5		125		39		1		262
Six months ended June 30, 2017:
Average recorded investment in impaired loans	$	—	$	308	$	—	$	3,567	$	282	$	—	$	4,157
Interest income recognized		—		—		—		10		—		—		10

Schedule of nonaccrual loans and loans past due 90 days or more and still accruing

	June 30,				December 31,
	2018				2017
			Total Loans >				Total Loans >
			90 Days &				90 Days &
	Nonaccrual		Accruing		Nonaccrual		Accruing
	(In thousands)
MTG WHLOC	$	804	$	—	$	—	$	—
RES RE		275		484		60		475
MF RE		—		—		—		—
CML & CRE		2,146		43		2,060		—
AG & AGRE		282		126		282		117
CON & MAR		162		—		146		—
	$	3,669	$	653	$	2,548	$	592