Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2021

Activity in the allowance for credit losses is summarized as follows:


	Three Months Ended June 30, 2021
(In thousands)	Beginning Balance		Provision for Credit Losses		Charge- Offs		Recoveries		TDR Allowance Adjustments		Ending Balance
Construction and land development	$	4,428	$	(469)	$	—	$	96	$	(2)	$	4,053
Commercial real estate - owner-occupied	9,792		(1,116)		—		—		—		8,676
Commercial real estate - non owner-occupied	36,229		(1,423)		—		1		—		34,807
Residential real estate	14,353		(2,407)		(21)		621		(3)		12,543
Commercial and financial	18,916		399		(1,564)		265		—		18,016
Consumer	2,925		161		(199)		146		(1)		3,032
Paycheck Protection Program	—		—		—		—		—		—
Totals	$	86,643	$	(4,855)	$	(1,784)	$	1,129	$	(6)	$	81,127


	Three Months Ended June 30, 2020
(In thousands)	Beginning Balance		Provision for Credit Losses		Charge- Offs		Recoveries		TDR Allowance Adjustments		Ending Balance
Construction and land development	$	4,646	$	2,478	$	—	$	37	$	—	$	7,161
Commercial real estate - owner occupied	5,327		229		—		18		(12)		5,562
Commercial real estate - non-owner occupied	35,643		3,345		—		4		—		38,992
Residential real estate	19,899		574		(113)		101		(8)		20,453
Commercial and financial	15,470		1,319		(1,768)		493		—		15,514
Consumer	4,426		(334)		(614)		91		(1)		3,568

Paycheck Protection Program	—		—		—		—		—		—
Totals	$	85,411	$	7,611	$	(2,495)	$	744	$	(21)	$	91,250



	Six Months Ended June 30, 2021
(In thousands)	Beginning Balance		Provision for Credit Losses		Charge- Offs		Recoveries		TDR Allowance Adjustments		Ending Balance
Construction and land development	$	4,920	$	(979)	$	—	$	114	$	(2)	$	4,053
Commercial real estate - owner-occupied	9,868		(1,192)		—		—		—		8,676
Commercial real estate - non owner-occupied	38,266		(3,461)		—		2		—		34,807
Residential real estate	17,500		(5,779)		(21)		850		(7)		12,543
Commercial and financial	18,690		1,174		(2,320)		472		—		18,016
Consumer	3,489		(333)		(384)		262		(2)		3,032
Paycheck Protection Program	—		—		—		—		—		—
Totals	$	92,733	$	(10,570)	$	(2,725)	$	1,700	$	(11)	$	81,127



	Six Months Ended June 30, 2020
(In thousands)	Beginning Balance		Impact of Adoption of ASC 326		Initial Allowance on PCD Loans Acquired During the Period		Provision for Credit Losses		Charge- Offs		Recoveries		TDR Allowance Adjustments		Ending Balance
Construction and land development	$	1,842	$	1,479	$	48	$	3,727	$	—	$	66	$	(1)	$	7,161
Commercial real estate - owner occupied	5,361		80		207		(34)		(45)		18		(25)		5,562
Commercial real estate - non-owner occupied	7,863		9,341		140		21,628		(12)		32		—		38,992
Residential real estate	7,667		5,787		97		6,834		(131)		218		(19)		20,453
Commercial and financial	9,716		3,677		11		4,063		(2,866)		913		—		15,514
Consumer	2,705		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

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, 2021 and December 31, 2020 is shown in the following tables:


	June 30, 2021
	Individually Evaluated				Collectively Evaluated				Total
(In thousands)	Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance
Construction and land development	$	129	$	3	$	234,218	$	4,050	$	234,347	$	4,053
Commercial real estate - owner occupied	7,209		503		1,120,431		8,173		1,127,640		8,676
Commercial real estate - non owner-occupied	7,217		1,708		1,405,222		33,099		1,412,439		34,807
Residential real estate	18,651		504		1,207,885		12,039		1,226,536		12,543
Commercial and financial	12,632		2,142		887,574		15,874		900,206		18,016
Consumer	352		122		171,417		2,910		171,769		3,032
Paycheck Protection Program	—		—		364,112		—		364,112		—
Totals	$	46,190	$	4,982	$	5,390,859	$	76,145	$	5,437,049	$	81,127


	December 31, 2020
	Individually Evaluated				Collectively Evaluated				Total
(In thousands)	Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance
Construction and land development	$	276	$	13	$	244,832	$	4,907	$	245,108	$	4,920
Commercial real estate - owner occupied	10,243		402		1,131,067		9,466		1,141,310		9,868
Commercial real estate - non owner-occupied	8,083		1,640		1,387,771		36,626		1,395,854		38,266
Residential real estate	16,506		2,064		1,326,122		15,436		1,342,628		17,500
Commercial and financial	13,281		3,498		841,472		15,192		854,753		18,690
Consumer	807		91		187,928		3,398		188,735		3,489
Paycheck Protection Program	—		—		566,961		—		566,961		—
Totals	$	49,196	$	7,708	$	5,686,153	$	85,025	$	5,735,349	$	92,733