Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2022

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


	Three Months Ended June 30, 2022
(In thousands)	Beginning Balance		Provision for Credit Losses		Charge- Offs		Recoveries		TDR Allowance Adjustments		Ending Balance
Construction and land development	$	2,268	$	230	$	—	$	54	$	—	$	2,552
Commercial real estate - owner-occupied	9,294		(1,918)		—		—		—		7,376
Commercial real estate - non owner-occupied	43,922		2,528		—		9		—		46,459
Residential real estate	14,075		648		—		112		(14)		14,821
Commercial and financial	17,727		(500)		(253)		171		(1)		17,144
Consumer	2,552		(166)		(199)		230		—		2,417
Paycheck Protection Program	—		—		—		—		—		—
Totals	$	89,838	$	822	$	(452)	$	576	$	(15)	$	90,769


	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



	Six Months Ended June 30, 2022
(In thousands)	Beginning Balance		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	$	2,751	$	—	$	(263)	$	—	$	64	$	—	$	2,552
Commercial real estate - owner-occupied	8,579		—		(1,203)		—		—		—		7,376
Commercial real estate - non owner-occupied	36,617		31		9,802		—		9		—		46,459
Residential real estate	12,811		17		1,708		(1)		303		(17)		14,821
Commercial and financial	19,744		3		(2,128)		(822)		348		(1)		17,144
Consumer	2,813		—		(538)		(294)		438		(2)		2,417
Paycheck Protection Program	—				—		—		—		—		—
Totals	$	83,315	$	51	$	7,378	$	(1,117)	$	1,162	$	(20)	$	90,769



	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

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, 2022 and December 31, 2021 is shown in the following tables:


	June 30, 2022
	Individually Evaluated				Collectively Evaluated				Total
(In thousands)	Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance
Construction and land development	$	16	$	—	$	350,009	$	2,552	$	350,025	$	2,552
Commercial real estate - owner occupied	2,714		48		1,251,629		7,328		1,254,343		7,376
Commercial real estate - non owner-occupied	7,331		741		1,965,209		45,718		1,972,540		46,459
Residential real estate	12,971		297		1,634,494		14,524		1,647,465		14,821
Commercial and financial	8,969		2,185		1,115,802		14,959		1,124,771		17,144
Consumer	548		474		174,653		1,943		175,201		2,417
Paycheck Protection Program	—		—		17,203		—		17,203		—
Totals	$	32,549	$	3,745	$	6,508,999	$	87,024	$	6,541,548	$	90,769


	December 31, 2021
	Individually Evaluated				Collectively Evaluated				Total
(In thousands)	Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance		Recorded Investment		Associated Allowance
Construction and land development	$	271	$	92	$	230,553	$	2,659	$	230,824	$	2,751
Commercial real estate - owner occupied	5,131		419		1,192,643		8,160		1,197,774		8,579
Commercial real estate - non owner-occupied	5,905		27		1,730,534		36,590		1,736,439		36,617
Residential real estate	16,345		646		1,409,009		12,165		1,425,354		12,811
Commercial and financial	11,470		2,885		1,057,886		16,859		1,069,356		19,744
Consumer	741		685		173,434		2,128		174,175		2,813
Paycheck Protection Program	—		—		91,107		—		91,107		—
Totals	$	39,863	$	4,754	$	5,885,166	$	78,561	$	5,925,029	$	83,315