Recent Accounting Pronouncements (Tables)

12 Months Ended

Dec. 31, 2020

The following table illustrates the adoption of CECL on January 1, 2020:


	January 1, 2020
	Pre-CECL Adoption		Reclassification to CECL Portfolio Segmentation		Pre-CECL Adoption Portfolio Segmentation		Post-CECL Adoption Portfolio Segmentation		Impact of CECL Adoption
Assets:
Loans and leases:
Commercial mortgage	$	1,913,430	$	(1,913,430)	$	—	$	—	$	—
CRE - nonowner-occupied	—		1,337,167		1,337,167		1,337,464		297
CRE - owner-occupied	—		527,607		527,607		527,607		—
Home equity lines of credit	194,639		29,623		224,262		224,262		—
Residential mortgage	489,903		(489,903)		—		—		—
Residential mortgage - first liens	—		706,690		706,690		706,843		153
Residential mortgage - junior liens	—		36,843		36,843		36,843		—
Construction	159,867		42,331		202,198		202,198		—
Commercial & Industrial	709,257		(277,030)		432,227		432,248		21
Consumer	57,139		102		57,241		57,241		—
Leases	165,078		—		165,078		165,088		10
Total loans and leases	$	3,689,313	$	—	$	3,689,313	$	3,689,794	$	481

ACL on loans and leases
Commercial mortgage	$	10,434	$	(10,434)	$	—	$	—	$	—
CRE - nonowner-occupied	—		7,960		7,960		7,493		(467)
CRE - owner-occupied	—		2,825		2,825		2,841		16
Home equity lines of credit	890		224		1,114		1,068		(46)
Residential mortgage	1,538		(1,538)		—		—		—
Residential mortgage - first liens	—		2,501		2,501		4,909		2,408
Residential mortgage - junior liens	—		338		338		417		79
Construction	997		233		1,230		871		(359)
Commercial & Industrial	6,029		(2,194)		3,835		3,676		(159)
Consumer	353		85		438		578		140
Leases	2,361		—		2,361		3,955		1,594
Total ACL on loans and leases	$	22,602	$	—	$	22,602	$	25,808	$	3,206

Liabilities:
ACL on OBS credit exposures	$	360	$	—	$	360	$	1,181	$	821

Total ACL	$	22,962	$	—	$	22,962	$	26,989	$	4,027

Retained earnings:
Total increase in ACL									$	4,027
Balance sheet reclassification									(481)
Total pre-tax impact									3,546
Tax effect									(745)
Decrease to retained earnings									$	2,801