XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Loans (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Schedule of Portfolio Loans, Purchased Credit Impaired Loans and Purchased Unimpaired Loans
The following tables present net loan balances by segment as of:
 June 30, 2021
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$223,412 $10,408 $527 $234,347 
Commercial real estate - owner-occupied889,221 203,847 34,572 1,127,640 
Commercial real estate - non owner-occupied1,112,290 274,772 25,377 1,412,439 
Residential real estate1,087,313 131,131 8,092 1,226,536 
Commercial and financial811,580 75,245 13,381 900,206 
Consumer166,806 4,949 14 171,769 
Paycheck Protection Program350,531 13,581 — 364,112 
Totals$4,641,153 $713,933 $81,963 $5,437,049 
 December 31, 2020
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$216,420 $26,250 $2,438 $245,108 
Commercial real estate - owner occupied854,769 247,090 39,451 1,141,310 
Commercial real estate - non-owner occupied1,043,459 323,273 29,122 1,395,854 
Residential real estate1,155,914 176,105 10,609 1,342,628 
Commercial and financial743,846 94,627 16,280 854,753 
Consumer181,797 6,660 278 188,735 
Paycheck Protection Program515,532 51,429 — 566,961 
Totals$4,711,737 $925,434 $98,178 $5,735,349 
Schedule of Past Due Financing Receivables
The following tables present the status of net loan balances as of June 30, 2021 and December 31, 2020. Loans on short-term payment deferral at the reporting date are reported as current.
 June 30, 2021
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$223,348 $— $— $— $64 $223,412 
Commercial real estate - owner-occupied887,266 — — — 1,955 889,221 
Commercial real estate - non owner-occupied1,110,608 261 — — 1,421 1,112,290 
Residential real estate1,076,165 199 50 — 10,899 1,087,313 
Commercial and financial804,139 2,890 — — 4,551 811,580 
Consumer166,426 211 35 — 134 166,806 
Paycheck Protection Program
350,531 — — — — 350,531 
Total Portfolio Loans$4,618,483 $3,561 $85 $— $19,024 $4,641,153 
Acquired Non-PCD Loans
Construction and land development$10,408 $— $— $— $— $10,408 
Commercial real estate - owner-occupied202,269 958 — — 620 203,847 
Commercial real estate - non owner-occupied272,945 — — — 1,827 274,772 
Residential real estate128,579 — 71 — 2,481 131,131 
Commercial and financial71,814 423 1,998 339 671 75,245 
Consumer4,949 — — — — 4,949 
Paycheck Protection Program
13,581 — — — — 13,581 
 Total Acquired Non-PCD Loans$704,545 $1,381 $2,069 $339 $5,599 $713,933 
PCD Loans
Construction and land development$520 $— $— $— $7 $527 
Commercial real estate - owner-occupied30,673 1,084 — — 2,815 34,572 
Commercial real estate - non owner-occupied21,508 — — — 3,869 25,377 
Residential real estate6,555 71 431 — 1,035 8,092 
Commercial and financial12,642 168 — — 571 13,381 
Consumer14 — — — — 14 
Total PCD Loans$71,912 $1,323 $431 $— $8,297 $81,963 
Total Loans$5,394,940 $6,265 $2,585 $339 $32,920 $5,437,049 
 
 December 31, 2020
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$216,262 $— $— $— $158 $216,420 
Commercial real estate - owner occupied851,222 1,076 — — 2,471 854,769 
Commercial real estate - non-owner occupied1,041,306 — — — 2,153 1,043,459 
Residential real estate1,142,893 3,002 1,427 61 8,531 1,155,914 
Commercial and financial737,362 135 1,967 — 4,382 743,846 
Consumer180,879 203 138 2 575 181,797 
Paycheck Protection Program515,532 — — — — 515,532 
 Total Portfolio Loans$4,685,456 $4,416 $3,532 $63 $18,270 $4,711,737 
Acquired Non-PCD Loans
Construction and land development$26,250 $— $— $— $— $26,250 
Commercial real estate - owner occupied244,486 — — — 2,604 247,090 
Commercial real estate - non-owner occupied322,264 — — — 1,009 323,273 
Residential real estate171,507 1,605 104 — 2,889 176,105 
Commercial and financial93,223 216 — — 1,188 94,627 
Consumer6,640 20 — — — 6,660 
Paycheck Protection Program51,429 — — — — 51,429 
 Total Acquired Non-PCD Loans$915,799 $1,841 $104 $— $7,690 $925,434 
PCD Loans
Construction and land development$2,429 $— $— $— $9 $2,438 
Commercial real estate - owner occupied36,345 — — — 3,106 39,451 
Commercial real estate - non-owner occupied24,200 — — — 4,922 29,122 
Residential real estate9,537 — — — 1,072 10,609 
Commercial and financial15,121 125 — — 1,034 16,280 
Consumer271 — — — 7 278 
 Total PCD Loans$87,903 $125 $— $— $10,150 $98,178 
Total Loans$5,689,158 $6,382 $3,636 $63 $36,110 $5,735,349 
Schedule of Nonaccrual Loans by Loan Category
The following tables present net balances of loans on nonaccrual status and the related allowance for credit losses, if any, as of:
June 30, 2021
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual LoansAllowance for Credit Losses
Construction and land development$71 $— $71 $— 
Commercial real estate - owner-occupied4,340 1,050 5,390 467 
Commercial real estate - non owner-occupied3,248 3,869 7,117 1,708 
Residential real estate13,710 705 14,415 349 
Commercial and financial3,733 2,060 5,793 1,266 
Consumer37 97 134 97 
Totals $25,139 $7,781 $32,920 $3,887 
December 31, 2020
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual LoansAllowance for Credit Losses
Construction and land development$148 $19 $167 $8 
Commercial real estate - owner-occupied7,893 288 8,181 287 
Commercial real estate - non owner-occupied5,666 2,418 8,084 1,640 
Residential real estate9,520 2,972 12,492 1,587 
Commercial and financial3,175 3,429 6,604 2,235 
Consumer222 360 582 75 
Totals$26,624 $9,486 $36,110 $5,832 
Schedule of Collateral Dependent Loans The following table presents collateral-dependent loans as of:
(In thousands)June 30, 2021December 31, 2020
Construction and land development$71 $189 
Commercial real estate - owner-occupied6,662 11,992 
Commercial real estate - non owner-occupied6,480 7,285 
Residential real estate 13,907 16,652 
Commercial and financial8,565 11,198 
Consumer89 586 
Totals $35,774 $47,902 
Schedule of Risk Categories of Loans by Class of Loans
The following tables present the risk rating of loans by year of origination as of:
June 30, 2021
(In thousands)20212020201920182017PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$37,114 $55,457 $41,969 $26,223 $6,326 $23,567 $40,656 $231,312 
Special Mention— — 372 2,517 — — — 2,889 
Substandard— — — — — 17 — 17 
Substandard Impaired — — — — 37 92 — 129 
Doubtful— — — — — — — — 
Total$37,114 $55,457 $42,341 $28,740 $6,363 $23,676 $40,656 $234,347 
Commercial real estate - owner-occupied
Risk Ratings:
Pass$87,486 $145,245 $184,017 $141,827 $130,013 $393,389 $12,018 $1,093,995 
Special Mention— 11,267 841 1,286 — 5,287 — 18,681 
Substandard— — — — 3,805 4,356 — 8,161 
Substandard Impaired — — 2,883 685 1,445 1,790 — 6,803 
Doubtful— — — — — — — — 
Total$87,486 $156,512 $187,741 $143,798 $135,263 $404,822 $12,018 $1,127,640 
Commercial real estate - non owner-occupied
Risk Ratings:
Pass$121,245 $159,336 $292,367 $183,456 $100,887 $484,963 $8,018 $1,350,272 
Special Mention— — 953 9,399 16,522 9,931 — 36,805 
Substandard— — — 9,718 — 8,528 — 18,246 
Substandard Impaired — — 2,378 — — 4,738 — 7,116 
Doubtful— — — — — — — — 
Total$121,245 $159,336 $295,698 $202,573 $117,409 $508,160 $8,018 $1,412,439 
Residential real estate
Risk Ratings:
Pass$129,061 $107,121 $105,930 $149,520 $153,851 $241,216 $320,702 $1,207,401 
Special Mention— — — 30 — 218 221 469 
Substandard— — — — — 214 486 700 
Substandard Impaired — 496 741 77 4,462 9,879 2,311 17,966 
Doubtful— — — — — — — — 
Total$129,061 $107,617 $106,671 $149,627 $158,313 $251,527 $323,720 $1,226,536 
June 30, 2021
(In thousands)20212020201920182017PriorRevolvingTotal
Commercial and financial
Risk Ratings:
Pass$148,832 $201,500 $120,225 $87,159 $48,385 $70,755 $194,503 $871,359 
Special Mention— 5,795 864 891 270 33 1,130 8,983 
Substandard— 411 — 2,480 1,369 3,512 26 7,798 
Substandard Impaired — — 5,478 3,258 1,427 1,811 92 12,066 
Doubtful— — — — — — — — 
Total$148,832 $207,706 $126,567 $93,788 $51,451 $76,111 $195,751 $900,206 
Consumer
Risk Ratings:
Pass$23,549 $38,229 $33,441 $22,421 $13,837 $23,735 $13,959 $169,171 
Special Mention— 58 46 15 62 30 1,330 1,541 
Substandard— — — 35 14 — 655 704 
Substandard Impaired — — 64 26 80 183 — 353 
Doubtful— — — — — — — — 
Total$23,549 $38,287 $33,551 $22,497 $13,993 $23,948 $15,944 $171,769 
Paycheck Protection Program
Risk Ratings:
Pass$246,107 $118,005 $— $— $— $— $— $364,112 
Total$246,107 $118,005 $— $— $— $— $— $364,112 
Consolidated
Risk Ratings:
Pass$793,394 $824,893 $777,949 $610,606 $453,299 $1,237,625 $589,856 $5,287,622 
Special Mention— 17,120 3,076 14,138 16,854 15,499 2,681 69,368 
Substandard— 411 — 12,233 5,188 16,627 1,167 35,626 
Substandard Impaired — 496 11,544 4,046 7,451 18,493 2,403 44,433 
Doubtful— — — — — — — — 
Total$793,394 $842,920 $792,569 $641,023 $482,792 $1,288,244 $596,107 $5,437,049 
December 31, 2020
(In thousands)20202019201820172016PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$62,107 $52,384 $46,067 $15,873 $7,335 $17,873 $35,324 $236,963 
Special Mention206 245 5,918 — — 1,449 — 7,818 
Substandard— — — — — 51 — 51 
Substandard Impaired — — — 37 — 239 — 276 
Doubtful— — — — — — — — 
Total$62,313 $52,629 $51,985 $15,910 $7,335 $19,612 $35,324 $245,108 
Commercial real estate - owner-occupied
Risk Ratings:
Pass$155,953 $198,559 $156,276 $138,341 $148,389 $287,772 $14,255 $1,099,545 
Special Mention5,773 1,858 3,305 — 4,471 4,050 2 19,459 
Substandard— — — 4,709 1,955 5,508 — 12,172 
Substandard Impaired — 3,151 747 1,362 — 4,874 — 10,134 
Doubtful— — — — — — — — 
Total$161,726 $203,568 $160,328 $144,412 $154,815 $302,204 $14,257 $1,141,310 
December 31, 2020
(In thousands)20202019201820172016PriorRevolvingTotal
Commercial real estate - non owner-occupied
Risk Ratings:
Pass$159,299 $313,287 $201,112 $123,357 $175,623 $356,943 $8,596 $1,338,217 
Special Mention— 431 9,487 7,580 10,240 114 — 27,852 
Substandard— — 9,709 — 8,311 3,682 — 21,702 
Substandard Impaired — 2,418 — — 125 5,540 — 8,083 
Doubtful— — — — — — — — 
Total$159,299 $316,136 $220,308 $130,937 $194,299 $366,279 $8,596 $1,395,854 
Residential real estate
Risk Ratings:
Pass$96,819 $144,329 $204,077 $205,046 $160,612 $159,742 $350,502 $1,321,127 
Special Mention— — 33 720 — 966 479 2,198 
Substandard350 — — 896 — 1,452 100 2,798 
Substandard Impaired 109 726 1,520 1,762 715 9,671 2,002 16,505 
Doubtful— — — — — — — — 
Total$97,278 $145,055 $205,630 $208,424 $161,327 $171,831 $353,083 $1,342,628 
Commercial and financial
Risk Ratings:
Pass$214,774 $146,511 $103,769 $60,782 $39,692 $53,758 $204,304 $823,590 
Special Mention71 946 965 5,612 67 635 209 8,505 
Substandard154 41 3,016 1,609 553 3,239 764 9,376 
Substandard Impaired 317 4,595 3,199 2,292 2,074 704 81 13,262 
Doubtful1
— — — — — — 20 20 
Total$215,316 $152,093 $110,949 $70,295 $42,386 $58,336 $205,378 $854,753 
Consumer
Risk Ratings:
Pass$46,476 $43,143 $30,433 $18,937 $21,880 $9,488 $15,089 $185,446 
Special Mention58 27 14 41 42 21 1,854 2,057 
Substandard— — — 42 4 151 228 425 
Substandard Impaired 7 50 193 24 329 183 21 807 
Doubtful— — — — — — — — 
Total$46,541 $43,220 $30,640 $19,044 $22,255 $9,843 $17,192 $188,735 
Paycheck Protection Program
Risk Ratings:
Pass$566,961 $— $— $— $— $— $— $566,961 
Total$566,961 $— $— $— $— $— $— $566,961 
Consolidated
Risk Ratings:
Pass$1,302,389 $898,213 $741,734 $562,336 $553,531 $885,576 $628,070 $5,571,849 
Special Mention6,108 3,507 19,722 13,953 14,820 7,235 2,544 67,889 
Substandard504 41 12,725 7,256 10,823 14,083 1,092 46,524 
Substandard Impaired 433 10,940 5,659 5,477 3,243 21,211 2,104 49,067 
Doubtful1
— — — — — — 20 20 
Total$1,309,434 $912,701 $779,840 $589,022 $582,417 $928,105 $633,830 $5,735,349 
1Loans classified as doubtful are fully reserved at December 31, 2020.
Schedule of Loans Modified
The following table presents the balance of loans with active payment accommodations at the specified dates, excluding PPP loans:
(In thousands)June 30, 2021December 31, 2020
Construction and land development$— $1,032 
Commercial real estate - owner-occupied1,612 14,248 
Commercial real estate - non owner-occupied2,257 32,549 
Residential real estate1,702 12,839 
Commercial and financial811 11,915 
Consumer399 1,479 
Totals$6,781 $74,062 
Schedule of Troubled Debt Restructuring
The following table presents loans that were modified in a troubled debt restructuring during the three and six months ended:
Three Months Ended June 30,
20212020
(In thousands)Number of ContractsPre-Modification Outstanding Recorded InvestmentPost-Modification Outstanding Recorded InvestmentNumber of ContractsPre-Modification Outstanding Recorded InvestmentPost-Modification Outstanding Recorded Investment
Construction and land development— $— $— 1 $12 $12 
Commercial real estate - owner-occupied— — — — — — 
Commercial real estate - non owner-occupied— — — — — — 
Residential real estate2 52 52 — — — 
Commercial and financial1 142 142 — — — 
Consumer— — — 2 47 47 
Totals3 $194 $194 3 $59 $59 
Six Months Ended June 30,
20212020
(In thousands)Number of ContractsPre-Modification Outstanding Recorded InvestmentPost-Modification Outstanding Recorded InvestmentNumber of ContractsPre-Modification Outstanding Recorded InvestmentPost-Modification Outstanding Recorded Investment
Construction and land development— $— $— 1 $12 $12 
Commercial real estate - owner-occupied— — — — — — 
Commercial real estate - non owner-occupied— — — — — — 
Residential real estate 3 79 79 1 45 45 
Commercial and financial1 142 142 4 437 437 
Consumer— — — 2 47 47 
 Totals 4 $221 $221 8 $541 $541