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ALLOWANCE FOR LOAN LOSSES: (Tables)
 12 Months Ended
Dec. 31, 2020
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 credit losses by portfolio segment for the years ended December 31, 2020, 2019 and 2018.

Allowance for Credit Losses: December 31, 2020 
(Dollar amounts in thousands)CommercialResidentialConsumerTotal
Beginning balance$10,337 $1,302 $8,304 $19,943 
Impact of adopting ASC 3268,427 9,515 2,118 20,060 
Provision for credit losses(1,622)8,612 3,538 10,528 
Loans charged -off(1,097)(944)(6,355)(8,396)
Recoveries856 657 3,404 4,917 
Ending Balance$16,901 $19,142 $11,009 $47,052 

Allowance for Credit Losses: December 31, 2019 
(Dollar amounts in thousands)CommercialResidentialConsumerUnallocatedTotal
Beginning balance$9,848 $1,313 $7,481 $1,794 $20,436 
Provision for credit losses621 (321)4,802 (402)4,700 
Loans charged -off(2,616)(1,050)(7,007)— (10,673)
Recoveries1,092 1,360 3,028 — 5,480 
Ending Balance$8,945 $1,302 $8,304 $1,392 $19,943 
  
Allowance for Credit Losses: December 31, 2018 
(Dollar amounts in thousands)CommercialResidentialConsumerUnallocatedTotal
Beginning balance$10,281 $1,455 $6,709 $1,464 $19,909 
Provision for credit losses83 60 5,295 330 5,768 
Loans charged -off(1,122)(841)(6,868)— (8,831)
Recoveries606 639 2,345 — 3,590 
Ending Balance$9,848 $1,313 $7,481 $1,794 $20,436 
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 credit losses and the recorded investment in loans by portfolio segment and based on impairment method at December 31, 2019:
 
Allowance for Credit Losses: December 31, 2019  
(Dollar amounts in thousands)CommercialResidentialConsumerUnallocatedTotal
Individually evaluated for impairment$48 $— $— $— $48 
Collectively evaluated for impairment8,897 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)CommercialResidentialConsumer Total   
Individually evaluated for impairment$3,161 $3,952 $—  $7,113 
Collectively evaluated for impairment1,584,169 680,069 387,655  2,651,893 
Acquired with deteriorated credit quality7,436 — —  7,436 
BALANCE AT END OF YEAR$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 loan.
December 31, 2019  Allowance  Cash Basis
 Unpaid for CreditAverageInterestInterest
 PrincipalRecordedLossesRecordedIncomeIncome
 BalanceInvestmentAllocatedInvestmentRecognizedRecognized
With no related allowance recorded:      
Commercial      
Commercial & Industrial$1,519 $989 $— $848 $— $— 
Farmland1,997 1,997 — 1,999 — — 
Non Farm, Non Residential— — — — — — 
Agriculture— — — — — — 
All Other Commercial27 27 — 461 — — 
Residential      
First Liens3,952 3,952 — 4,055 — — 
Home Equity— — — — — — 
Junior Liens— — — — — — 
Multifamily— — — — — — 
All Other Residential— — — — — — 
Consumer      
Motor Vehicle— — — — — — 
All Other Consumer— — — — — — 
With an allowance recorded:      
Commercial      
Commercial & Industrial148 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  Cash Basis
 AverageInterestInterest
 RecordedIncomeIncome
 InvestmentRecognizedRecognized
With no related allowance recorded:   
Commercial   
Commercial & Industrial$698 $— $— 
Farmland1,579 — — 
Non Farm, Non Residential1,443 — — 
Agriculture49 — — 
All Other Commercial1,172 — — 
Residential   
First Liens3,371 — — 
Home Equity— — — 
Junior Liens23 — — 
Multifamily— — — 
All Other Residential— — — 
Consumer   
Motor Vehicle— — — 
All Other Consumer— — — 
With an allowance recorded:   
Commercial   
Commercial & Industrial688 — — 
Farmland1,691 — — 
Non Farm, Non Residential— — — 
Agriculture316 — — 
All Other Commercial— — — 
Residential   
First Liens88 — — 
Home Equity— — — 
Junior Liens— — — 
Multifamily— — — 
All Other Residential— — — 
Consumer   
Motor Vehicle— — — 
All Other Consumer— — — 
TOTAL$11,118 $— $— 
Schedule of non-performing loans
The following tables present the recorded investment in nonperforming loans by class of loans.
December 31, 2020
 Loans PastNon-accrual
Due Over
90 Day Still		With No Allowance
(Dollar amounts in thousands)AccruingNon-accrualFor Credit Loss
Commercial  
Commercial & Industrial$— $4,838 $1,080 
Farmland— 195 — 
Non Farm, Non Residential— 3,729 3,267 
Agriculture— 409 — 
All Other Commercial— 533 24 
Residential  
First Liens1,746 2,604 86 
Home Equity88 30 — 
Junior Liens252 206 — 
Multifamily— 1,380 — 
All Other Residential— 135 — 
Consumer  
Motor Vehicle372 754 — 
All Other Consumer— 554 — 
TOTAL$2,458 $15,367 $4,457 
Troubled debt restructurings on financing receivables
During the years ending December 31, 2020, 2019, and 2018 the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDR's.
2020
(Dollar amounts in thousands)CommercialResidentialConsumerTotal
January 1,$11 $3,485 $698 $4,194 
    Added— 692 304 996 
    Charged Off— (6)(158)(164)
    Payments(11)(582)(227)(820)
December 31,$— $3,589 $617 $4,206 

2019
(Dollar amounts in thousands)CommercialResidentialConsumerTotal
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)CommercialResidentialConsumerTotal
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 
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, 202030-59 Days60-89 Daysthan 90 daysTotal  
(Dollar amounts in thousands)Past DuePast DuePast DuePast DueCurrentTotal
Commercial      
Commercial & Industrial$685 $746 $3,364 $4,795 $603,777 $608,572 
Farmland22 — 91 113 118,528 118,641 
Non Farm, Non Residential155 — 271 426 350,681 351,107 
Agriculture28 30 275 333 146,147 146,480 
All Other Commercial— — 24 24 305,612 305,636 
Residential      
First Liens5,506 1,866 2,365 9,737 314,730 324,467 
Home Equity260 29 104 393 60,362 60,755 
Junior Liens421 68 341 830 53,346 54,176 
Multifamily— — — — 151,042 151,042 
All Other Residential— 50 — 50 15,918 15,968 
Consumer      
Motor Vehicle6,975 1,294 560 8,829 441,283 450,112 
All Other Consumer164 19 13 196 31,401 31,597 
TOTAL$14,216 $4,102 $7,408 $25,726 $2,592,827 $2,618,553 
   Greater   
December 31, 201930-59 Days60-89 Daysthan 90 daysTotal  
(Dollar amounts in thousands)Past DuePast DuePast DuePast DueCurrentTotal
Commercial      
Commercial & Industrial$2,885 $766 $1,379 $5,030 $594,925 $599,955 
Farmland132 — 2,089 2,221 137,730 139,951 
Non Farm, Non Residential3,749 104 — 3,853 398,854 402,707 
Agriculture277 128 — 405 162,794 163,199 
All Other Commercial— — 109 109 288,845 288,954 
Residential      
First Liens6,452 1,292 1,458 9,202 375,924 385,126 
Home Equity124 63 34 221 70,813 71,034 
Junior Liens384 43 137 564 54,533 55,097 
Multifamily— — — — 148,282 148,282 
All Other Residential1,082 — 890 1,972 22,510 24,482 
Consumer      
Motor Vehicle6,488 983 270 7,741 347,950 355,691 
All Other Consumer228 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
The following tables present the recorded investment of the commercial loan portfolio by risk category as of December 31, 2020:
December 31, 2020
Term Loans at Amortized Cost Basis by Origination YearRevolving
20202019201820172016PriorLoansTotal
Commercial
Commercial and IndustrialPass$159,494 $77,253 $64,298 $41,806 $20,564 $103,598 $91,615 $558,628 
Special Mention4,848 1,331 4,427 216 1,278 4,566 3,695 20,361 
Substandard3,780 323 4,187 1,148 3,543 2,565 3,124 18,670 
Doubtful— — — — — — — — 
Not Rated2,618 1,772 1,446 580 105 2,255 — 8,776 
Subtotal$170,740 $80,679 $74,358 $43,750 $25,490 $112,984 $98,434 $606,435 
FarmlandPass$10,010 $12,775 $12,149 $10,089 $15,863 $40,338 $1,386 $102,610 
Special Mention988 947 — 230 1,900 2,656 — 6,721 
Substandard1,718 2,303 — 716 1,628 826 — 7,191 
Doubtful— — — — — — — — 
Not Rated— — — — — — — — 
Subtotal$12,716 $16,025 $12,149 $11,035 $19,391 $43,820 $1,386 $116,522 
Non Farm, Non ResidentialPass$39,914 $33,261 $38,111 $63,371 $49,511 $83,052 $4,092 $311,312 
Special Mention— 998 — 305 9,982 6,811 — 18,096 
Substandard— 1,188 — 4,310 7,484 7,028 — 20,010 
Doubtful— — — — — — — — 
Not Rated— — — — — 682 — 682 
Subtotal$39,914 $35,447 $38,111 $67,986 $66,977 $97,573 $4,092 $350,100 
AgriculturePass$13,336 $8,330 $3,485 $5,329 $3,732 $16,792 $67,052 $118,056 
Special Mention— 1,483 1,203 664 5 428 7,611 11,394 
Substandard— 3,834 18 223 2,435 1,988 5,926 14,424 
Doubtful— — — — — — — — 
Not Rated159 216 110 6 13 — — 504 
Subtotal$13,495 $13,863 $4,816 $6,222 $6,185 $19,208 $80,589 $144,378 
Other CommercialPass$44,673 $57,200 $41,470 $61,442 $40,196 $50,325 $5,162 $300,468 
Special Mention— — — 7 — 2,786 — 2,793 
Substandard— — — 24 528 24 — 576 
Doubtful— — — — — — — — 
Not Rated— 3 52 39 345 — — 439 
Subtotal$44,673 $57,203 $41,522 $61,512 $41,069 $53,135 $5,162 $304,276 
Residential
Multifamily >5 ResidentialPass$44,599 $9,892 $36,563 $19,749 $4,676 $21,704 $1,293 $138,476 
Special Mention— — — — 102 10,662 — 10,764 
Substandard— — 1,380 — — — — 1,380 
Doubtful— — — — — — — — 
Not Rated— — — — — — — — 
Subtotal$44,599 $9,892 $37,943 $19,749 $4,778 $32,366 $1,293 $150,620 
TotalPass$312,026 $198,711 $196,076 $201,786 $134,542 $315,809 $170,600 $1,529,550 
Special Mention5,836 4,759 5,630 1,422 13,267 27,909 11,306 70,129 
Substandard5,498 7,648 5,585 6,421 15,618 12,431 9,050 62,251 
Doubtful— — — — — — — — 
Not Rated2,777 1,991 1,608 625 463 2,937 — 10,401 
Total commercial loans$326,137 $213,109 $208,899 $210,254 $163,890 $359,086 $190,956 $1,672,331 
The Corporation evaluates the credit quality of its other loan portfolios, which includes residential real estate, consumer and lease financing loans, based primarily on the aging status of the loan and payment activity. Accordingly, loans on non-accrual status, loans past due 90 days or more and still accruing interest, and loans modified under troubled debt restructurings are considered to be nonperforming for purposes of credit quality evaluation. The following table presents the recorded investment of our other loan portfolio based on the credit risk profile of loans that are performing and loans that are nonperforming as of December 31, 2020:
December 31, 2020
Term Loans at Amortized Cost Basis by Origination YearRevolving
20202019201820172016PriorLoansTotal
Residential
First LiensPerforming$47,875 $33,737 $31,634 $36,426 $30,419 $135,456 $3,235 $318,782 
Non-performing— 40 95 343 107 4,062 — 4,647 
Subtotal$47,875 $33,777 $31,729 $36,769 $30,526 $139,518 $3,235 $323,429 
Home EquityPerforming$854 $135 $644 $20 $— $1,525 $57,334 $60,512 
Non-performing— — 1 — — 91 24 116 
Subtotal$854 $135 $645 $20 $— $1,616 $57,358 $60,628 
Junior LiensPerforming$13,125 $12,742 $11,139 $6,214 $3,948 $5,099 $1,333 $53,600 
Non-performing— 129 48 198 9 66 — 450 
Subtotal$13,125 $12,871 $11,187 $6,412 $3,957 $5,165 $1,333 $54,050 
Other ResidentialPerforming$9,773 $2,775 $1,372 $292 $178 $733 $651 $15,774 
Non-performing— 62 50 — — 39 — 151 
Subtotal$9,773 $2,837 $1,422 $292 $178 $772 $651 $15,925 
Consumer
Motor VehiclePerforming$245,839 $113,293 $51,649 $24,786 $10,026 $1,600 $— $447,193 
Non-performing318 355 257 127 36 11 — 1,104 
Subtotal$246,157 $113,648 $51,906 $24,913 $10,062 $1,611 $— $448,297 
Other ConsumerPerforming$15,298 $7,328 $2,622 $724 $854 $703 $3,352 $30,881 
Non-performing231 200 92 22 — 8 19 572 
Subtotal$15,529 $7,528 $2,714 $746 $854 $711 $3,371 $31,453 
TotalPerforming$332,764 $170,010 $99,060 $68,462 $45,425 $145,116 $65,905 $926,742 
Non-performing549 786 543 690 152 4,277 43 7,040 
Total other loans$333,313 $170,796 $99,603 $69,152 $45,577 $149,393 $65,948 $933,782 
As of December 31, 2019, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
 
 Special    
(Dollar amounts in thousands)PassMentionSubstandardDoubtfulNot RatedTotal
Commercial      
Commercial & Industrial$549,341 $19,253 $26,349 $5 $2,761 $597,709 
Farmland119,858 8,673 8,644 — 100 137,275 
Non Farm, Non Residential381,404 4,424 12,269 — 3,678 401,775 
Agriculture127,144 4,507 27,490 — 985 160,126 
All Other Commercial283,266 3,141 1,120 — 35 287,562 
Residential      
First Liens174,338 926 4,382 — 204,266 383,912 
Home Equity18,417 — 134 11 52,280 70,842 
Junior Liens2,839 64 178 76 51,817 54,974 
Multifamily146,497 112 1,315 — 19 147,943 
All Other Residential12,624 — 205 — 11,577 24,406 
Consumer      
Motor Vehicle2,880 — 538 — 350,780 354,198 
All Other Consumer3,155 — 38 — 28,615 31,808 
TOTAL$1,821,763 $41,100 $82,662 $92 $706,913 $2,652,530