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Loans (Tables)
12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Schedule of Loans Held for Investment
Loans held-for-investment consist of the following as of December 31,:
20212020
Commercial$2,414,787 $2,181,552 
Commercial real estate1,176,973 1,156,668 
Residential real estate437,116 503,828 
Consumer17,766 14,233 
Total loans4,046,642 3,856,281 
Deferred costs, fees, premiums, and discounts(9,519)(9,924)
Allowance for loan losses(47,547)(47,766)
Total loans, net$3,989,576 $3,798,591 
Schedule of Allowance for Loan Losses by Portfolio Type
The following table presents the activity in the allowance for loan losses by portfolio type for the years ended December 31,:
CommercialCommercial
Real
Estate
Residential
Real
Estate
ConsumerTotal
2021
Allowance for loan losses:
Balance, beginning of year$32,009 $13,863 $1,606 $288 $47,766 
Provision for (benefit from) loan losses4,017 (617)(452)52 3,000 
Loans charged off(4,296)(375)(42)(148)(4,861)
Recoveries1,547 28 24 43 1,642 
Balance, end of year$33,277 $12,899 $1,136 $235 $47,547 
2020
Allowance for loan losses:
Balance, beginning of year$17,509 $9,645 $1,056 $336 $28,546 
Provision for loan losses17,979 4,527 474 120 23,100 
Loans charged off(4,064)(581)(39)(216)(4,900)
Recoveries585 272 115 48 1,020 
Balance, end of year$32,009 $13,863 $1,606 $288 $47,766 
2019
Allowance for loan losses:
Balance, beginning of year$13,158 $11,774 $1,201 $266 $26,399 
Provision for loan losses7,887 (2,088)(21)272 6,050 
Loans charged off(4,171)(325)(272)(281)(5,049)
Recoveries635 284 148 79 1,146 
Balance, end of year$17,509 $9,645 $1,056 $336 $28,546 
The following table presents the balance in the allowance for loan losses and the recorded investment by portfolio type based on impairment method for the years ended December 31,:
CommercialCommercial
Real
Estate
Residential
Real
Estate
ConsumerTotal
2021
Loans:
Individually evaluated for impairment$17,460 $4,781 $11,479 $$33,722 
Collectively evaluated for impairment2,397,327 1,172,192 425,637 17,764 4,012,920 
Total loans$2,414,787 $1,176,973 $437,116 $17,766 $4,046,642 
Allowance for loan losses:
Individually evaluated for impairment$2,517 $12 $39 $— $2,568 
Collectively evaluated for impairment30,760 12,887 1,097 235 44,979 
Total allowance for loan losses$33,277 $12,899 $1,136 $235 $47,547 
2020
Loans:
Individually evaluated for impairment$23,197 $2,933 $9,630 $38 $35,798 
Collectively evaluated for impairment2,158,355 1,153,735 494,198 14,195 3,820,483 
Total loans$2,181,552 $1,156,668 $503,828 $14,233 $3,856,281 
Allowance for loan losses:
Individually evaluated for impairment$3,972 $12 $96 $— $4,080 
Collectively evaluated for impairment28,037 13,851 1,510 288 43,686 
Total allowance for loan losses$32,009 $13,863 $1,606 $288 $47,766 
Schedule of Impaired Financing Receivables
The following table presents information related to impaired loans by class of loans as of December 31,:
Unpaid
Principal
Balance
Recorded
Investment
Allowance for
Loan Losses
Allocated
Average
Recorded
Investment
2021
With no related allowance recorded:
Commercial$14,619 $13,982 $— $10,637 
Commercial real estate4,795 4,706 — 3,943 
Residential real estate10,754 10,808 — 7,223 
Consumer— 
Total loans with no related allowance recorded30,171 29,498 — 21,806 
With an allowance recorded:
Commercial3,666 3,478 2,517 2,375 
Commercial real estate124 75 12 57 
Residential real estate665 671 39 462 
Total loans an allowance recorded4,455 4,224 2,568 2,894 
Total impaired loans$34,626 $33,722 $2,568 $24,700 
2020
With no related allowance recorded:
Commercial$16,370 $15,756 $— $12,189 
Commercial real estate2,850 2,838 — 1,910 
Residential real estate9,021 8,933 — 5,855 
Consumer38 38 — 29 
Total loans with no related allowance recorded28,279 27,565 — 19,983 
With an allowance recorded:
Commercial7,610 7,441 3,972 5,304 
Commercial real estate133 95 12 67 
Residential real estate709 697 96 479 
Total loans an allowance recorded8,452 8,233 4,080 5,850 
Total impaired loans$36,731 $35,798 $4,080 $25,833 
Schedule of Credit Risk Profile Based on Bank’s Rating Categories
The following table presents the credit risk profile of our loan portfolio based on our rating categories as of December 31,:
Non-ClassifiedClassifiedTotal
2021
Commercial$2,384,275 $30,512 $2,414,787 
Commercial real estate1,146,673 30,300 1,176,973 
Residential real estate431,033 6,083 437,116 
Consumer17,762 17,766 
Total loans$3,979,743 $66,899 $4,046,642 
2020
Commercial$2,145,831 $35,721 $2,181,552 
Commercial real estate1,126,080 30,588 1,156,668 
Residential real estate494,155 9,673 503,828 
Consumer14,195 38 14,233 
Total loans$3,780,261 $76,020 $3,856,281 
Schedule of Aging of Loan Portfolio
The following table presents our loan portfolio aging analysis as of December 31,:
Loans
Not
Past Due
Loans
30-59 Days
Past Due
Loans
60-89 Days
Past Due
Loans Greater
than 90 Days
Past Due,
Still Accruing
NonaccrualTotal
2021
Commercial$2,392,205 $5,467 $623 $— $16,492 $2,414,787 
Commercial
real estate
1,160,244 10,887 — 1,061 4,781 1,176,973 
Residential
real estate
424,860 5,794 410 — 6,052 437,116 
Consumer17,719 45 — — 17,766 
Total loans$3,995,028 $22,193 $1,033 $1,061 $27,327 $4,046,642 
2020
Commercial$2,147,310 $11,415 $48 $— $22,779 $2,181,552 
Commercial
real estate
1,144,801 8,933 — — 2,934 1,156,668 
Residential
real estate
489,482 2,948 1,123 777 9,498 503,828 
Consumer14,187 — — 38 14,233 
Total loans$3,795,780 $23,304 $1,171 $777 $35,249 $3,856,281 
Schedule of Troubled Debt Restructuring
The following table presents loans by class modified as TDRs that occurred during the years ended December 31,:
Number
of
Loans
Pre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
2021
Commercial$6,969 $6,178 
Commercial real estate2,295 2,265 
Residential real estate1,386 1,435 
Total12 $10,650 $9,878 
2020
Commercial11 $2,950 $2,831 
Residential real estate917 907 
Total16 $3,867 $3,738 
Schedule of Modified Loans under the CARES Act We had actively modified loans under the CARES Act as follows as of December 31,:
Number
of Loans
Recorded
Investment
2021
Residential real estate$771 
2020
Commercial23 $17,714 
Commercial real estate12,413 
Residential real estate49 21,584 
Consumer77 
Total85 $51,788