LOANS, NET (Tables)

9 Months Ended

Sep. 30, 2019

Receivables [Abstract]

Schedule of composition of the loan portfolio

(Dollars in Thousands)		September 30, 2019		December 31, 2018
Commercial, Financial and Agricultural		$	259,870	$	233,689
Real Estate – Construction			111,358		89,527
Real Estate – Commercial Mortgage			610,726		602,061
Real Estate – Residential(1)			368,793		342,215
Real Estate – Home Equity			197,326		210,111
Consumer(2)			279,680		296,622
	Loans, Net of Unearned Income	$	1,827,753	$	1,774,225

Schedule of recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans

	September 30, 2019				December 31, 2018
(Dollars in Thousands)	Nonaccrual		90 + Days		Nonaccrual		90 + Days
Commercial, Financial and Agricultural	$	324	$	-	$	267	$	-
Real Estate – Construction		158		-		722		-
Real Estate – Commercial Mortgage		2,159		-		2,860		-
Real Estate – Residential		1,059		-		2,119		-
Real Estate – Home Equity		894		-		584		-
Consumer		334		-		320		-
Total Nonaccrual Loans	$	4,928	$	-	$	6,872	$	-

Schedule of aging of past due loans by class of loans

	30-59		60-89		90 +		Total		Total		Total
(Dollars in Thousands)	DPD		DPD		DPD		Past Due		Current		Loans(1)
September 30, 2019
Commercial, Financial and Agricultural	$	601	$	185	$	-	$	786	$	258,760	$	259,870
Real Estate – Construction		-		-		-		-		111,200		111,358
Real Estate – Commercial Mortgage		660		103		-		763		607,804		610,726
Real Estate – Residential		550		327		-		877		366,857		368,793
Real Estate – Home Equity		173		39		-		212		196,220		197,326
Consumer		1,883		599		-		2,482		276,864		279,680
Total Loans	$	3,867	$	1,253	$	-	$	5,120	$	1,817,705	$	1,827,753
December 31, 2018
Commercial, Financial and Agricultural	$	104	$	58	$	-	$	162	$	233,260	$	233,689
Real Estate – Construction		489		-		-		489		88,316		89,527
Real Estate – Commercial Mortgage		124		-		-		124		599,077		602,061
Real Estate – Residential		745		627		-		1,372		338,724		342,215
Real Estate – Home Equity		512		124		-		636		208,891		210,111
Consumer		1,661		313		-		1,974		294,328		296,622
Total Loans	$	3,635	$	1,122	$	-	$	4,757	$	1,762,596	$	1,774,225
(1) Total Loans include nonaccrual loans of $4.9 million and $6.9 million at September 30, 2019 and December 31, 2018, respectively.

Schedule of activity in the allowance for loan losses by portfolio class

		Commercial,				Real Estate
		Financial,		Real Estate		Commercial		Real Estate		Real Estate
(Dollars in Thousands)		Agricultural		Construction		Mortgage		Residential		Home Equity		Consumer		Total
Three Months Ended
September 30, 2019
Beginning Balance		$	1,648	$	521	$	3,889	$	3,210	$	2,383	$	2,942	$	14,593
	Provision for Loan Losses		236		81		(304)		3		71		689		776
	Charge-Offs		(289)		(223)		(26)		(44)		(333)		(744)		(1,659)
	Recoveries		86		-		142		46		58		277		609
	Net Charge-Offs		(203)		(223)		116		2		(275)		(467)		(1,050)
Ending Balance		$	1,681	$	379	$	3,701	$	3,215	$	2,179	$	3,164	$	14,319
Nine Months Ended
September 30, 2019
Beginning Balance		$	1,434	$	280	$	4,181	$	3,400	$	2,301	$	2,614	$	14,210
	Provision for Loan Losses		648		322		(611)		(125)		158		1,797		2,189
	Charge-Offs		(619)		(223)		(181)		(373)		(430)		(2,059)		(3,885)
	Recoveries		218		-		312		313		150		812		1,805
	Net Charge-Offs		(401)		(223)		131		(60)		(280)		(1,247)		(2,080)
Ending Balance		$	1,681	$	379	$	3,701	$	3,215	$	2,179	$	3,164	$	14,319
Three Months Ended
September 30, 2018
Beginning Balance		$	1,214	$	283	$	4,432	$	3,146	$	2,294	$	2,194	$	13,563
	Provision for Loan Losses		388		86		(30)		50		120		290		904
	Charge-Offs		(268)		-		(25)		(106)		(112)		(463)		(974)
	Recoveries		78		-		222		107		47		272		726
	Net Charge-Offs		(190)		-		197		1		(65)		(191)		(248)
Ending Balance		$	1,412	$	369	$	4,599	$	3,197	$	2,349	$	2,293	$	14,219
Nine Months Ended
September 30, 2018
Beginning Balance		$	1,191	$	122	$	4,346	$	3,206	$	2,506	$	1,936	$	13,307
	Provision for Loan Losses		481		253		208		123		140		1,259		2,464
	Charge-Offs		(591)		(7)		(315)		(669)		(427)		(1,667)		(3,676)
	Recoveries		331		1		360		537		130		765		2,124
	Net Charge-Offs		(260)		(6)		45		(132)		(297)		(902)		(1,552)
Ending Balance		$	1,412	$	369	$	4,599	$	3,197	$	2,349	$	2,293	$	14,219

Schedule of allowance for loan losses by portfolio class and disaggregated on the basis of the impairment methodology

	Commercial,				Real Estate
	Financial,		Real Estate		Commercial		Real Estate		Real Estate
(Dollars in Thousands	Agricultural		Construction		Mortgage		Residential		Home Equity		Consumer		Total
September 30, 2019
Period-end amount
Allocated to:
Loans Individually
Evaluated for Impairment	$	152	$	23	$	614	$	696	$	305	$	2	$	1,792
Loans Collectively
Evaluated for Impairment		1,529		356		3,087		2,519		1,874		3,162		12,527
Ending Balance	$	1,681	$	379	$	3,701	$	3,215	$	2,179	$	3,164	$	14,319
December 31, 2018
Period-end amount
Allocated to:
Loans Individually
Evaluated for Impairment	$	118	$	52	$	1,026	$	919	$	289	$	1	$	2,405
Loans Collectively
Evaluated for Impairment		1,316		228		3,155		2,481		2,012		2,613		11,805
Ending Balance	$	1,434	$	280	$	4,181	$	3,400	$	2,301	$	2,614	$	14,210
September 30, 2018
Period-end amount
Allocated to:
Loans Individually
Evaluated for Impairment	$	185	$	181	$	1,719	$	954	$	357	$	1	$	3,397
Loans Collectively
Evaluated for Impairment		1,227		188		2,880		2,243		1,992		2,292		10,822
Ending Balance	$	1,412	$	369	$	4,599	$	3,197	$	2,349	$	2,293	$	14,219

Schedule of allowance for loan losses by portfolio class

	Commercial,				Real Estate
	Financial,		Real Estate		Commercial		Real Estate		Real Estate
(Dollars in Thousands)	Agricultural		Construction		Mortgage		Residential		Home Equity		Consumer		Total
September 30, 2019
Individually Evaluated for
Impairment	$	1,226	$	158	$	12,926	$	8,960	$	1,816	$	76	$	25,162
Collectively Evaluated for
Impairment		258,644		111,200		597,800		359,833		195,510		279,604		1,802,591
Total	$	259,870	$	111,358	$	610,726	$	368,793	$	197,326	$	279,680	$	1,827,753
December 31, 2018
Individually Evaluated for
Impairment	$	873	$	781	$	12,650	$	10,593	$	2,210	$	88	$	27,195
Collectively Evaluated for
Impairment		232,816		88,746		589,411		331,622		207,901		296,534		1,747,030
Total	$	233,689	$	89,527	$	602,061	$	342,215	$	210,111	$	296,622	$	1,774,225
September 30, 2018
Individually Evaluated for
Impairment	$	987	$	1,159	$	18,572	$	11,369	$	2,241	$	90	$	34,418
Collectively Evaluated for
Impairment		238,057		86,513		577,819		330,694		210,701		295,552		1,739,336
Total	$	239,044	$	87,672	$	596,391	$	342,063	$	212,942	$	295,642	$	1,773,754

Schedule of loans individually evaluated for impairment by class of loans

	Unpaid		Recorded		Recorded
	Principal		Investment		Investment		Related
(Dollars in Thousands)	Balance		With No Allowance		With Allowance		Allowance
September 30, 2019
Commercial, Financial and Agricultural	$	1,226	$	692	$	534	$	152
Real Estate – Construction		158		-		158		23
Real Estate – Commercial Mortgage		12,926		5,176		7,750		614
Real Estate – Residential		8,960		2,141		6,819		696
Real Estate – Home Equity		1,816		421		1,395		305
Consumer		76		40		36		2
Total	$	25,162	$	8,470	$	16,692	$	1,792
December 31, 2018
Commercial, Financial and Agricultural	$	873	$	101	$	772	$	118
Real Estate – Construction		781		459		322		52
Real Estate – Commercial Mortgage		12,650		2,384		10,266		1,026
Real Estate – Residential		10,593		1,482		9,111		919
Real Estate – Home Equity		2,210		855		1,355		289
Consumer		88		49		39		1
Total	$	27,195	$	5,330	$	21,865	$	2,405

Schedule of Average recorded investment and interest income recognized by class of impaired loans

	Three Months Ended September 30,								Nine Months Ended September 30,
	2019				2018				2019				2018
	Average		Total		Average		Total		Average		Total		Average		Total
	Recorded		Interest		Recorded		Interest		Recorded		Interest		Recorded		Interest
(Dollars in Thousands)	Investment		Income		Investment		Income		Investment		Income		Investment		Income
Commercial, Financial and
Agricultural	$	1,244	$	21	$	1,040	$	19	$	1,037	$	53	$	1,185	$	69
Real Estate – Construction		270		-		915		2		426		-		716		3
Real Estate – Commercial Mortgage		13,082		143		18,470		167		12,681		410		18,666		511
Real Estate – Residential		9,163		127		11,393		133		9,461		380		12,215		417
Real Estate – Home Equity		2,070		16		2,415		23		2,245		61		2,840		74
Consumer		78		2		92		2		82		6		102		6
Total	$	25,907	$	309	$	34,325	$	346	$	25,932	$	910	$	35,724	$	1,080

Schedule of risk category of loans by segment

	Commercial,
	Financial,						Total
(Dollars in Thousands)	Agriculture		Real Estate		Consumer		Loans
September 30, 2019
Pass	$	258,457	$	1,259,949	$	278,705	$	1,797,111
Special Mention		286		8,998		35		9,319
Substandard		1,127		19,256		940		21,323
Doubtful		-		-		-		-
Total Loans	$	259,870	$	1,288,203	$	279,680	$	1,827,753
December 31, 2018
Pass	$	232,417	$	1,211,451	$	295,888	$	1,739,756
Special Mention		479		11,048		54		11,581
Substandard		793		21,415		680		22,888
Doubtful		-		-		-		-
Total Loans	$	233,689	$	1,243,914	$	296,622	$	1,774,225

Schedule of troubled debt restructurings loans

	September 30, 2019				December 31, 2018
(Dollars in Thousands)	Accruing		Nonaccruing		Accruing		Nonaccruing
Commercial, Financial and Agricultural	$	564	$	56	$	873	$	-
Real Estate – Construction		-		58		59		-
Real Estate – Commercial Mortgage		8,459		832		9,910		1,239
Real Estate – Residential		7,769		285		9,234		1,222
Real Estate – Home Equity		1,416		173		1,920		179
Consumer		76		-		88		-
Total TDRs	$	18,284	$	1,404	$	22,084	$	2,640

Schedule of loans classified as TDRs

	Three Months Ended September 30,					Nine Months Ended September 30,
	2019					2019
		Pre-		Post-			Pre-		Post-
	Number	Modified		Modified		Number	Modified		Modified
	of	Recorded		Recorded		of	Recorded		Recorded
(Dollars in Thousands)	Contracts	Investment		Investment(1)		Contracts	Investment		Investment
Commercial, Financial and Agricultural	1	$	58	$	58	1	$	58	$	58
Real Estate – Construction	-		-		-	-		-		-
Real Estate – Commercial Mortgage	1		151		157	2		209		218
Real Estate – Residential	1		92		88	2		138		162
Real Estate – Home Equity	1		26		25	2		56		56
Consumer	-		-		-	-		-		-
Total TDRs	4	$	327	$	328	7	$	461	$	494
	Three Months Ended September 30,					Nine Months Ended September 30,
	2018					2018
		Pre-		Post-			Pre-		Post-
	Number	Modified		Modified		Number	Modified		Modified
	of	Recorded		Recorded		of	Recorded		Recorded
(Dollars in Thousands)	Contracts	Investment		Investment(1)		Contracts	Investment		Investment
Commercial, Financial and Agricultural	-	$	-	$	-	1	$	498	$	230
Real Estate – Construction	-		-		-	-		-		-
Real Estate – Commercial Mortgage	-		-		-	1		227		228
Real Estate – Residential	1		72		76	2		105		108
Real Estate – Home Equity	-		-		-	1		27		27
Consumer	-		-		-	-		-		-
Total TDRs	1	$	72	$	76	5	$	857	$	593

Schedule of loans modified as TDRs within the previous 12 months and subsequently defaulted

	Three Months Ended September 30,			Nine Months Ended September 30,
	2018			2018
	Number	Post-Modified		Number	Post-Modified
	of	Recorded		of	Recorded
(Dollars in Thousands)	Contracts	Investment(1)		Contracts	Investment(1)
Commercial, Financial and Agricultural	-	$	-	-	$	-
Real Estate – Construction	-		-	-		-
Real Estate – Commercial Mortgage	-		-	1		64
Real Estate – Residential	-		-	-		-
Real Estate – Home Equity	-		-	-		-
Consumer	-		-	-		-
Total TDRs	-	$	-	1	$	64

Schedule of loans modified as TDRs information

	Three Months Ended September 30,			Nine Months Ended September 30,
	2019			2019
	Number of	Recorded		Number of	Recorded
(Dollars in Thousands)	Contracts	Investment(1)		Contracts	Investment(1)
Extended amortization	-	$	-	-	$	-
Interest rate adjustment	1		25	1		25
Extended amortization and interest rate adjustment	3		303	6		469
Total TDRs	4	$	328	7	$	494

	Three Months Ended September 30,			Nine Months Ended September 30,
	2018			2018
	Number of	Recorded		Number of	Recorded
(Dollars in Thousands)	Contracts	Investment(1)		Contracts	Investment(1)
Extended amortization	1	$	76	2	$	303
Interest rate adjustment	-		-	1		33
Extended amortization and interest rate adjustment	-		-	1		27
Principal moratorium	-		-	1		230
Total TDRs	1	$	76	5	$	593