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ALLOWANCE FOR LOAN LOSSES: (Tables)
 12 Months Ended
Dec. 31, 2019
Allowance For Loan Losses Disclosure [Abstract]  
Schedule of allowances for loan losses by portfolio segment
The following table presents the activity of the allowance for loan losses by portfolio segment for the years ended December 31, 2019, 2018 and 2017.

Allowance for Loan Losses:
 
 
 
December 31, 2019
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
9,848

 
$
1,313

 
$
7,481

 
$
1,794

 
$
20,436

Provision for loan losses
 
621

 
(321
)
 
4,802

 
(402
)
 
4,700

Loans charged -off
 
(2,616
)
 
(1,050
)
 
(7,007
)
 
—

 
(10,673
)
Recoveries
 
1,092

 
1,360

 
3,028

 
—

 
5,480

Ending Balance
 
$
8,945

 
$
1,302

 
$
8,304

 
$
1,392

 
$
19,943



Allowance for Loan Losses:
 
 
 
December 31, 2018
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
10,281

 
$
1,455

 
$
6,709

 
$
1,464

 
$
19,909

Provision for loan losses
 
83

 
60

 
5,295

 
330

 
5,768

Loans charged -off
 
(1,122
)
 
(841
)
 
(6,868
)
 
—

 
(8,831
)
Recoveries
 
606

 
639

 
2,345

 
—

 
3,590

Ending Balance
 
$
9,848

 
$
1,313

 
$
7,481

 
$
1,794

 
$
20,436


  
Allowance for Loan Losses:
 
 
 
December 31, 2017
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
9,731

 
$
1,553

 
$
5,767

 
$
1,722

 
$
18,773

Provision for loan losses
 
745

 
(179
)
 
4,987

 
(258
)
 
5,295

Loans charged -off
 
(1,572
)
 
(761
)
 
(6,429
)
 
—

 
(8,762
)
Recoveries
 
1,377

 
842

 
2,384

 
—

 
4,603

Ending Balance
 
$
10,281

 
$
1,455

 
$
6,709

 
$
1,464

 
$
19,909
Allocation of the allowance for loan losses by portfolio segment based on the impairment method
The following tables present the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method at December 31, 2019 and 2018:
 
Allowance for Loan Losses:
 
 
 
December 31, 2019
 
 
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
48

 
$
—

 
$
—

 
$
—

 
$
48

Collectively evaluated for impairment
 
8,897

 
1,302

 
8,304

 
1,392

 
19,895

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

BALANCE AT END OF YEAR
 
$
8,945

 
$
1,302

 
$
8,304

 
$
1,392

 
$
19,943

Loans
 
 

 
 

 
 

 
 

 
 

(Dollar amounts in thousands)
 
Commercial   
 
Residential   
 
Consumer   
 
 
 
Total   
Individually evaluated for impairment
 
$
3,161

 
$
3,952

 
$
—

 
 

 
$
7,113

Collectively evaluated for impairment
 
1,584,169

 
680,069

 
387,655

 
 

 
2,651,893

Acquired with deteriorated credit quality
 
7,436

 
—

 
—

 
 

 
7,436

BALANCE AT END OF YEAR
 
$
1,594,766

 
$
684,021

 
$
387,655

 
 

 
$
2,666,442


Allowance for Loan Losses:
 
 
 
December 31, 2018
 
 
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
737

 
$
—

 
$
—

 
$
—

 
$
737

Collectively evaluated for impairment
 
9,111

 
1,313

 
7,481

 
1,794

 
19,699

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

BALANCE AT END OF YEAR
 
$
9,848

 
$
1,313

 
$
7,481

 
$
1,794

 
$
20,436

Loans
 
 

 
 

 
 

 
 

 
 

(Dollar amounts in thousands)
 
Commercial   

 
Residential   

 
Consumer   

 
 

 
Total   

Individually evaluated for impairment
 
$
6,101

 
$
4,415

 
$
—

 
 

 
$
10,516

Collectively evaluated for impairment
 
1,166,227

 
440,497

 
342,473

 
 

 
1,949,197

Acquired with deteriorated credit quality
 
1,495

 
—

 
—

 
 

 
1,495

BALANCE AT END OF YEAR
 
$
1,173,823

 
$
444,912

 
$
342,473

 
 

 
$
1,961,208
Schedule of loans individually evaluated for impairment by class of loans
The following tables present loans individually evaluated for impairment by class of loan.
December 31, 2019
 
 
 
 
 
Allowance
 
 
 
 
 
Cash Basis
 
 
Unpaid
 
 
 
for Loan
 
Average
 
Interest
 
Interest
 
 
Principal
 
Recorded
 
Losses
 
Recorded
 
Income
 
Income
 
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,519

 
$
989

 
$
—

 
$
848

 
$
—

 
$
—

Farmland
 
1,997

 
1,997

 
—

 
1,999

 
—

 
—

Non Farm, Non Residential
 
—

 
—

 
—

 
—

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
27

 
27

 
—

 
461

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
3,952

 
3,952

 
—

 
4,055

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
148

 
148

 
48

 
1,108

 
—

 
—

Farmland
 
—

 
—

 
—

 
84

 
—

 
—

Non Farm, Non Residential
 
—

 
—

 
—

 
—

 


 
—

Agriculture
 
—

 
—

 
—

 
138

 
—

 
—

All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
—

 
—

 
—

 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
7,643

 
$
7,113

 
$
48

 
$
8,693

 
$
—

 
$
—

 










December 31, 2018
 
 
 
 
 
Allowance
 
 
 
 
 
Cash Basis
 
 
Unpaid
 
 
 
for Loan
 
Average
 
Interest
 
Interest
 
 
Principal
 
Recorded
 
Losses
 
Recorded
 
Income
 
Income
 
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
589

 
$
589

 
$
—

 
$
698

 
$
—

 
$
—

Farmland
 
2,022

 
2,022

 
—

 
1,579

 
—

 
—

Non Farm, Non Residential
 
—

 
—

 
—

 
1,443

 
—

 
—

Agriculture
 
—

 
—

 
—

 
49

 
—

 
—

All Other Commercial
 
1,114

 
1,114

 
—

 
1,172

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
4,415

 
4,415

 
—

 
3,371

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
23

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
1,819

 
1,819

 
593

 
688

 
—

 
—

Farmland
 
211

 
211

 
44

 
1,691

 
—

 
—

Non Farm, Non Residential
 
—

 
—

 
—

 
—

 


 
—

Agriculture
 
346

 
346

 
100

 
316

 
—

 
—

All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
—

 
—

 
—

 
88

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
10,516

 
$
10,516

 
$
737

 
$
11,118

 
$
—

 
$
—

 

 
December 31, 2017
 
 
 
 
 
Cash Basis
 
 
Average
 
Interest
 
Interest
 
 
Recorded
 
Income
 
Income
 
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

Commercial
 
 

 
 

 
 

Commercial & Industrial
 
$
971

 
$
—

 
$
—

Farmland
 
1,265

 
—

 
—

Non Farm, Non Residential
 
2,781

 
—

 
—

Agriculture
 
239

 
—

 
—

All Other Commercial
 
1,308

 
—

 
—

Residential
 
 

 
 

 
 

First Liens
 
23

 
—

 
—

Home Equity
 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

Consumer
 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

Commercial
 
 

 
 

 
 

Commercial & Industrial
 
514

 
—

 
—

Farmland
 
669

 
—

 
—

Non Farm, Non Residential
 
131

 


 
—

Agriculture
 
279

 
—

 
—

All Other Commercial
 
—

 
—

 
—

Residential
 
 

 
 

 
 

First Liens
 
483

 
—

 
—

Home Equity
 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

Consumer
 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

TOTAL
 
$
8,663

 
$
—

 
$
—
Schedule of non-performing loans
The following tables present the recorded investment in nonperforming loans by class of loans.
 
 
December 31, 2019
 
 
Loans Past
 
Troubled Debt
 
 
 
 
Due Over
90 Day Still
 
Restructured
 
 
(Dollar amounts in thousands)
 
Accruing
 
Accrual
 
Non-accrual
 
Non-accrual
Commercial
 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
—

 
$
—

 
$
11

 
$
2,191

Farmland
 
5

 
—

 
—

 
2,410

Non Farm, Non Residential
 
—

 
—

 
—

 
441

Agriculture
 
—

 
—

 
—

 
485

All Other Commercial
 
—

 
—

 
—

 
114

Residential
 
 

 


 
 
 
 

First Liens
 
625

 
3,007

 
396

 
2,876

Home Equity
 
12

 
—

 
—

 
61

Junior Liens
 
51

 
94

 
9

 
175

Multifamily
 
—

 
—

 
—

 
—

All Other Residential
 
738

 
—

 
—

 
203

Consumer
 
 

 
 

 
 
 
 

Motor Vehicle
 
227

 
—

 
15

 
138

All Other Consumer
 
4

 
239

 
444

 
452

TOTAL
 
$
1,662

 
$
3,340

 
$
875

 
$
9,546
Troubled debt restructurings on financing receivables
During the years ending December 31, 2019, 2018, and 2017 the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDR's.
 
 
 
 
 
 
 
 
2019
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
145

 
$
4,043

 
$
618

 
$
4,806

    Added
 
—

 
195

 
375

 
570

    Charged Off
 
—

 
(24
)
 
(81
)
 
(105
)
    Payments
 
(134
)
 
(729
)
 
(214
)
 
(1,077
)
December 31,
 
$
11

 
$
3,485

 
$
698

 
$
4,194

 
 
 
 
 
 
 
 
2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
2,709

 
$
3,611

 
$
714

 
$
7,034

    Added
 
—

 
984

 
295

 
1,279

    Charged Off
 
—

 
(16
)
 
(137
)
 
(153
)
    Payments
 
(2,564
)
 
(536
)
 
(254
)
 
(3,354
)
December 31,
 
$
145

 
$
4,043

 
$
618

 
$
4,806


 
 
 
 
 
 
 
 
2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
3,386

 
$
4,447

 
$
732

 
$
8,565

    Added
 
—

 
227

 
386

 
613

    Charged Off
 
—

 
(289
)
 
(141
)
 
(430
)
    Payments
 
(677
)
 
(774
)
 
(263
)
 
(1,714
)
December 31,
 
$
2,709

 
$
3,611

 
$
714

 
$
7,034
Aging of recorded investment in loans by past due category and class of loans
The following tables present the aging of the recorded investment in loans by past due category and class of loans.
 
 
 
 
 
 
Greater
 
 
 
 
 
 
December 31, 2019
 
30-59 Days
 
60-89 Days
 
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
2,885

 
$
766

 
$
1,379

 
$
5,030

 
$
594,925

 
$
599,955

Farmland
 
132

 
—

 
2,089

 
2,221

 
137,730

 
139,951

Non Farm, Non Residential
 
3,749

 
104

 
—

 
3,853

 
398,854

 
402,707

Agriculture
 
277

 
128

 
—

 
405

 
162,794

 
163,199

All Other Commercial
 
—

 
—

 
109

 
109

 
288,845

 
288,954

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
6,452

 
1,292

 
1,458

 
9,202

 
375,924

 
385,126

Home Equity
 
124

 
63

 
34

 
221

 
70,813

 
71,034

Junior Liens
 
384

 
43

 
137

 
564

 
54,533

 
55,097

Multifamily
 
—

 
—

 
—

 
—

 
148,282

 
148,282

All Other Residential
 
1,082

 
—

 
890

 
1,972

 
22,510

 
24,482

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
6,488

 
983

 
270

 
7,741

 
347,950

 
355,691

All Other Consumer
 
228

 
42

 
2

 
272

 
31,692

 
31,964

TOTAL
 
$
21,801

 
$
3,421

 
$
6,368

 
$
31,590

 
$
2,634,852

 
$
2,666,442


 
 
 
 
 
 
Greater
 
 
 
 
 
 
December 31, 2018
 
30-59 Days
 
60-89 Days
 
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,017

 
$
420

 
$
345

 
$
1,782

 
$
518,239

 
$
520,021

Farmland
 
515

 
8

 
2,136

 
2,659

 
104,981

 
107,640

Non Farm, Non Residential
 
—

 
—

 
57

 
57

 
188,706

 
188,763

Agriculture
 
41

 
—

 
347

 
388

 
148,345

 
148,733

All Other Commercial
 
30

 
3

 
—

 
33

 
208,633

 
208,666

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
3,365

 
429

 
1,473

 
5,267

 
231,684

 
236,951

Home Equity
 
155

 
8

 
110

 
273

 
39,378

 
39,651

Junior Liens
 
132

 
225

 
63

 
420

 
49,111

 
49,531

Multifamily
 
—

 
—

 
—

 
—

 
109,609

 
109,609

All Other Residential
 
—

 
9

 
15

 
24

 
9,146

 
9,170

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
4,766

 
609

 
177

 
5,552

 
309,238

 
314,790

All Other Consumer
 
208

 
7

 
12

 
227

 
27,456

 
27,683

TOTAL
 
$
10,229

 
$
1,718

 
$
4,735

 
$
16,682

 
$
1,944,526

 
$
1,961,208
Analysis of risk category of loans by class of loans
As of December 31, 2019 and 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
 
December 31, 2019
 
 
 
Special
 
 
 
 
 
 
 
 
(Dollar amounts in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
549,341

 
$
19,253

 
$
26,349

 
$
5

 
$
2,761

 
$
597,709

Farmland
 
119,858

 
8,673

 
8,644

 
—

 
100

 
137,275

Non Farm, Non Residential
 
381,404

 
4,424

 
12,269

 
—

 
3,678

 
401,775

Agriculture
 
127,144

 
4,507

 
27,490

 
—

 
985

 
160,126

All Other Commercial
 
283,266

 
3,141

 
1,120

 
—

 
35

 
287,562

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
174,338

 
926

 
4,382

 
—

 
204,266

 
383,912

Home Equity
 
18,417

 
—

 
134

 
11

 
52,280

 
70,842

Junior Liens
 
2,839

 
64

 
178

 
76

 
51,817

 
54,974

Multifamily
 
146,497

 
112

 
1,315

 
—

 
19

 
147,943

All Other Residential
 
12,624

 
—

 
205

 
—

 
11,577

 
24,406

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
2,880

 
—

 
538

 
—

 
350,780

 
354,198

All Other Consumer
 
3,155

 
—

 
38

 
—

 
28,615

 
31,808

TOTAL
 
$
1,821,763

 
$
41,100

 
$
82,662

 
$
92

 
$
706,913

 
$
2,652,530


December 31, 2018
 
 
 
Special
 
 
 
 
 
 
 
 
(Dollar amounts in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
472,008

 
$
20,600

 
$
18,374

 
$
—

 
$
7,428

 
$
518,410

Farmland
 
90,367

 
7,587

 
7,783

 
—

 
19

 
105,756

Non Farm, Non Residential
 
170,757

 
5,442

 
10,439

 
—

 
1,695

 
188,333

Agriculture
 
118,952

 
10,010

 
16,637

 
—

 
457

 
146,056

All Other Commercial
 
198,302

 
43

 
6,777

 
—

 
2,675

 
207,797

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
43,915

 
1,043

 
3,504

 
—

 
187,685

 
236,147

Home Equity
 
963

 
—

 
148

 
—

 
38,471

 
39,582

Junior Liens
 
1,983

 
74

 
224

 
76

 
47,060

 
49,417

Multifamily
 
109,361

 
—

 
—

 
—

 
17

 
109,378

All Other Residential
 
—

 
—

 
15

 
—

 
9,131

 
9,146

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
627

 
—

 
312,863

 
313,490

All Other Consumer
 
—

 
—

 
34

 
—

 
27,517

 
27,551

TOTAL
 
$
1,206,608

 
$
44,799

 
$
64,562

 
$
76

 
$
635,018

 
$
1,951,063