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Allowance for Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2020
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [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 three months
ended March 31. 
Allowance for Loan Losses:
 
March 31, 2020
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
8,945

 
$
1,302

 
$
8,304

 
$
1,392

 
$
19,943

Provision for loan losses
 
520

 
251

 
1,780

 
139

 
2,690

Loans charged -off
 
(533
)
 
(257
)
 
(2,114
)
 
—

 
(2,904
)
Recoveries
 
391

 
156

 
787

 
—

 
1,334

Ending Balance
 
$
9,323

 
$
1,452

 
$
8,757

 
$
1,531

 
$
21,063



Allowance for Loan Losses:
 
March 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
 
(640
)
 
296

 
941

 
873

 
1,470

Loans charged -off
 
(256
)
 
(302
)
 
(1,551
)
 
—

 
(2,109
)
Recoveries
 
287

 
185

 
691

 
—

 
1,163

Ending Balance
 
$
9,239

 
$
1,492

 
$
7,562

 
$
2,667

 
$
20,960


 
 
 
 
 
 
 
 
 
 
 
Allocation of the allowance for loan losses by portfolio segment based on the impairment method
The following table presents the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method at March 31, 2020 and December 31, 2019. 
Allowance for Loan Losses
 
March 31, 2020
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
42

 
$
—

 
$
—

 
$
—

 
$
42

Collectively evaluated for impairment
 
9,281

 
1,452

 
8,757

 
1,531

 
21,021

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
9,323

 
$
1,452

 
$
8,757

 
$
1,531

 
$
21,063

 
Loans:
 
March 31, 2020
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
$
6,152

 
$
3,579

 
$
—

 
 
 
$
9,731

Collectively evaluated for impairment
 
1,563,334

 
661,353

 
389,649

 
 
 
2,614,336

Acquired with deteriorated credit quality
 
6,549

 
—

 
—

 
 
 
6,549

Ending Balance
 
$
1,576,035

 
$
664,932

 
$
389,649

 
 
 
$
2,630,616


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
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
8,945

 
$
1,302

 
$
8,304

 
$
1,392

 
$
19,943

Loans
 
December 31, 2019
(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

Ending Balance
 
$
1,594,766

 
$
684,021

 
$
387,655

 
 
 
$
2,666,442
Schedule of loans individually evaluated for impairment by class of loans
The following tables present loans individually evaluated for impairment by class of loans. 

 
 
 
 
 
 
March 31, 2020
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
(Dollar amounts in thousands)
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
1,679

 
$
1,149

 
$
—

 
$
1,069

 
$
—

 
$
—

 Farmland
 
1,324

 
1,324

 
—

 
1,661

 
—

 
—

 Non Farm, Non Residential
 
3,512

 
3,512

 
—

 
1,756

 
—

 
—

 Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Commercial
 
26

 
26

 
—

 
27

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
3,579

 
3,579

 
—

 
3,766

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
141

 
141

 
42

 
145

 
—

 
—

 Farmland
 
—

 
—

 
—

 
—

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
—

 
—

 
—

 Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
10,261

 
$
9,731

 
$
42

 
$
8,424

 
$
—

 
$
—

 



 
 
 
 
 
 
December 31, 2019
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
Income
(Dollar amounts in thousands)
 
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

 
$
—

 
$
—

 
Schedule of non-performing loans
The tables below presents the recorded investment in non-performing loans.
 
 
March 31, 2020
 
 
Loans Past
Due Over
90 Days Still
 
Troubled
Debt Restructured
 
Nonaccrual Excluding
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
TDR
Commercial
 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
21

 
$
—

 
$
4

 
$
2,882

 Farmland
 
6

 
—

 
—

 
1,534

 Non Farm, Non Residential
 
—

 
—

 
—

 
3,980

 Agriculture
 
—

 
—

 
—

 
3

 All Other Commercial
 
—

 
—

 
—

 
62

Residential
 
 

 
 

 
 
 
 

 First Liens
 
1,138

 
2,960

 
401

 
2,604

 Home Equity
 
136

 
—

 
—

 
43

 Junior Liens
 
21

 
83

 
8

 
99

 Multifamily
 
—

 
—

 
—

 
—

 All Other Residential
 
41

 
—

 
—

 
48

Consumer
 
 

 
 

 
 
 
 

 Motor Vehicle
 
115

 
—

 
14

 
233

 All Other Consumer
 
12

 
190

 
510

 
523

TOTAL
 
$
1,490

 
$
3,233

 
$
937

 
$
12,011



 
 
December 31, 2019
 
 
Loans Past
Due Over
90 Days Still
 
Troubled
Debt Restructured
 
Nonaccrual Excluding
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
TDR
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 three months ended March 31, 2020 and 2019, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDRs.
 
 
 
 
2020
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
11

 
$
3,485

 
$
698

 
$
4,194

    Added
 
—

 
60

 
94

 
154

    Charged Off
 
—

 
(6
)
 
(35
)
 
(41
)
    Payments
 
(7
)
 
(101
)
 
(43
)
 
(151
)
March 31,
 
$
4

 
$
3,438

 
$
714

 
$
4,156

 
 
 
 
 
 
 
 
 
 
 
 
 
2019
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
145

 
4,043

 
618

 
4,806

    Added
 
—

 
122

 
71

 
193

    Charged Off
 
—

 
(16
)
 
(16
)
 
(32
)
    Payments
 
(9
)
 
(130
)
 
(54
)
 
(193
)
March 31,
 
136

 
4,019

 
619

 
4,774

 
 
 
 
 
 
 
 
 
Aging of recorded investment in loans by past due category and class of loans
The following tables presents the aging of the recorded investment in loans by past due category and class of loans.  
 
 
March 31, 2020
 
 
30-59 Days
 
60-89 Days
 
Greater
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
3,593

 
$
2,695

 
$
1,635

 
$
7,923

 
$
609,765

 
$
617,688

 Farmland
 
115

 
—

 
1,417

 
1,532

 
133,247

 
134,779

 Non Farm, Non Residential
 
4,842

 
7

 
44

 
4,893

 
379,990

 
384,883

 Agriculture
 
—

 
6

 
—

 
6

 
144,779

 
144,785

 All Other Commercial
 
929

 
—

 
43

 
972

 
292,928

 
293,900

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
6,972

 
344

 
1,497

 
8,813

 
365,938

 
374,751

 Home Equity
 
181

 
23

 
157

 
361

 
68,207

 
68,568

 Junior Liens
 
379

 
4

 
29

 
412

 
55,153

 
55,565

 Multifamily
 
1,621

 
—

 
—

 
1,621

 
143,192

 
144,813

 All Other Residential
 
69

 
—

 
41

 
110

 
21,125

 
21,235

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
5,215

 
534

 
199

 
5,948

 
353,305

 
359,253

 All Other Consumer
 
319

 
15

 
14

 
348

 
30,048

 
30,396

TOTAL
 
$
24,235

 
$
3,628

 
$
5,076

 
$
32,939

 
$
2,597,677

 
$
2,630,616

 
 
 
December 31, 2019
 
 
30-59 Days
 
60-89 Days
 
Greater
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
Analysis of risk category of loans by class of loans
Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Loans listed as not rated are either those with an outstanding balance less than $100 thousand or are included in groups of homogeneous loans. As of March 31, 2020 and December 31, 2019, and based on the most recent analysis performed, the risk category of loans by class of loans are as follows:
 
 
March 31, 2020
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
568,957

 
$
16,870

 
$
22,758

 
$
—

 
$
7,333

 
$
615,918

 Farmland
 
115,976

 
9,213

 
7,753

 
—

 
62

 
133,004

 Non Farm, Non Residential
 
366,697

 
4,427

 
12,149

 
—

 
685

 
383,958

 Agriculture
 
118,014

 
3,999

 
19,193

 
—

 
498

 
141,704

 All Other Commercial
 
288,600

 
3,095

 
1,025

 
—

 
36

 
292,756

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
103,047

 
1,026

 
4,089

 
—

 
265,416

 
373,578

 Home Equity
 
2,466

 
—

 
170

 
—

 
65,743

 
68,379

 Junior Liens
 
2,189

 
34

 
171

 
—

 
53,045

 
55,439

 Multifamily
 
143,064

 
110

 
1,315

 
—

 
—

 
144,489

 All Other Residential
 
8,255

 
—

 
52

 
—

 
12,868

 
21,175

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
495

 
—

 
546

 
—

 
356,688

 
357,729

 All Other Consumer
 
369

 
—

 
50

 
—

 
29,832

 
30,251

TOTAL
 
$
1,718,129

 
$
38,774

 
$
69,271

 
$
—

 
$
792,206

 
$
2,618,380

 
 
December 31, 2019
(Dollar amounts in thousands)
 
Pass
 
Special
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