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Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Schedule of Allowance for Loan Losses
Activity in the allowance for credit losses is summarized as follows:
 Three Months Ended June 30, 2020
(In thousands)Beginning
Balance
Provision
for Credit
Losses
Charge-
Offs
RecoveriesTDR
Allowance
Adjustments
Ending
Balance
Construction and land development$4,646  $2,478  $—  $37  $—  $7,161  
Commercial real estate - owner-occupied5,327  229  —  18  (12) 5,562  
Commercial real estate - non owner-occupied35,643  3,345  —   —  38,992  
Residential real estate19,899  574  (113) 101  (8) 20,453  
Commercial and financial15,470  1,319  (1,768) 493  —  15,514  
Consumer4,426  (334) (614) 91  (1) 3,568  
Paycheck Protection Program—  —  —  —  —  —  
Totals$85,411  $7,611  $(2,495) $744  $(21) $91,250  

 Three Months Ended June 30, 2019
(In thousands)Beginning
Balance
Provision
for Loan
Losses
Charge-
Offs
RecoveriesTDR
Allowance
Adjustments
Ending
Balance
Construction and land development$2,320  $(79) $(1) $ $—  $2,243  
Commercial real estate11,753  (433) —  565  (15) 11,870  
Residential real estate7,445  51  (28) 51  (11) 7,508  
Commercial and financial8,573  2,114  (1,881) 106  —  8,912  
Consumer2,731  898  (734) 78  (1) 2,972  
Totals$32,822  $2,551  $(2,644) $803  $(27) $33,505  

Six Months Ended June 30, 2020
(In thousands)Beginning
Balance
Impact of Adoption of ASC 326 Initial Allowance on PCD Loans Acquired During the PeriodProvision
for Credit
Losses
Charge-
Offs
RecoveriesTDR
Allowance
Adjustments
Ending
Balance
Construction and land development$1,842  $1,479  $48  $3,727  $—  $66  $(1) $7,161  
Commercial real estate - owner-occupied5,361  80  207  (34) (45) 18  (25) 5,562  
Commercial real estate - non owner-occupied7,863  9,341  140  21,628  (12) 32  —  38,992  
Residential real estate7,667  5,787  97  6,834  (131) 218  (19) 20,453  
Commercial and financial9,716  3,677  11  4,063  (2,866) 913  —  15,514  
Consumer2,705  862  13  906  (1,087) 170  (1) 3,568  
Paycheck Protection Program—  —  —  —  —  —  —  —  
Totals$35,154  $21,226  $516  $37,124  $(4,141) $1,417  $(46) $91,250  
Six Months Ended June 30, 2019
(In thousands)Beginning BalanceProvision for Loan LossesCharge- OffsRecoveriesTDR Allowance AdjustmentsEnding Balance
Construction and land development$2,233  $ $—  $ $(1) $2,243  
Commercial real estate11,112  192  (16) 612  (30) 11,870  
Residential real estate7,775  (363) (65) 190  (29) 7,508  
Commercial and financial8,585  2,967  (2,825) 185  —  8,912  
Consumer2,718  1,148  (1,217) 325  (2) 2,972  
Totals$32,423  $3,948  $(4,123) $1,319  $(62) $33,505  
Schedule of Loan Portfolio, Excluding PCI Loans and Related Allowance
The allowance for credit losses is composed of specific allowances for loans individually evaluated and general allowances for loans grouped into loan pools based on similar characteristics, which are collectively evaluated. The Company’s loan portfolio and related allowance at June 30, 2020 and December 31, 2019 is shown in the following tables:
 
 June 30, 2020
 Individually Evaluated Collectively EvaluatedTotal
(In thousands)Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Construction and land development$726  $20  $298,109  $7,141  $298,835  $7,161  
Commercial real estate - owner-occupied4,491  160  1,072,159  5,402  1,076,650  5,562  
Commercial real estate - non owner-occupied7,883  254  1,384,904  38,738  1,392,787  38,992  
Residential real estate18,216  1,071  1,449,955  19,382  1,468,171  20,453  
Commercial and financial9,822  3,628  747,410  11,886  757,232  15,514  
Consumer681  107  201,246  3,461  201,927  3,568  
Paycheck Protection Program—  —  576,450  —  576,450  —  
Totals$41,819  $5,240  $5,730,233  $86,010  $5,772,052  $91,250  

 December 31, 2019
 Individually Evaluated Collectively Evaluated
 Total
(In thousands)Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Construction and land development$5,217  $14  $319,896  $1,828  $325,113  $1,842  
Commercial real estate20,484  220  2,358,487  13,004  2,378,971  13,224  
Residential real estate16,093  834  1,491,770  6,833  1,507,863  7,667  
Commercial and financial6,631  1,731  771,621  7,985  778,252  9,716  
Consumer337  59  207,868  2,646  208,205  2,705  
Totals$48,762  $2,858  $5,149,642  $32,296  $5,198,404  $35,154