1	Includes the Corporation’s real estate construction lending and consumer real estate lot lending.

2	Includes the Corporation’s commercial real estate lending, land acquisition and development lending, builder line lending and commercial business lending.

Consumer loans included $173,000 and $449,000 of demand deposit overdrafts at June 30, 2020 and December 31, 2019, respectively.

Loans acquired in business combinations are recorded in the Consolidated Balance Sheets at fair value at the acquisition date under the acquisition method of accounting. The outstanding principal balance and the carrying amount at June 30, 2020 and December 31, 2019 of loans acquired in business combinations were as follows:


	June 30, 2020						December 31, 2019
	Acquired Loans -		Acquired Loans -				Acquired Loans -		Acquired Loans -
	Purchased		Purchased		Acquired Loans -		Purchased		Purchased		Acquired Loans -
(Dollars in thousands)	Credit Impaired		Performing		Total		Credit Impaired		Performing		Total
Outstanding principal balance	$	18,591	$	116,971	$	135,562	$	6,262	$	27,839	$	34,101
Carrying amount
Real estate – residential mortgage	$	1,814	$	22,448	$	24,262	$	107	$	7,035	$	7,142
Real estate – construction		—		3,762		3,762		—		—		—
Commercial, financial and agricultural¹		5,452		74,254		79,706		563		11,338		11,901
Equity lines		77		11,767		11,844		35		8,046		8,081
Consumer		488		2,317		2,805		—		3		3
Total acquired loans	$	7,831	$	114,548	$	122,379	$	705	$	26,422	$	27,127

1	Includes acquired loans classified by the Corporation as commercial real estate lending and commercial business lending.

The following table presents a summary of the change in the accretable yield of loans classified as purchased credit impaired (PCI):


	Six Months Ended June 30,
(Dollars in thousands)	2020		2019
Accretable yield, balance at beginning of period	$	4,721	$	5,987
Additions		3,372		—
Accretion		(1,687)		(1,760)
Reclassification of nonaccretable difference due to improvement in expected cash flows		923		727
Other changes, net		115		349
Accretable yield, balance at end of period	$	7,444	$	5,303

Loans on nonaccrual status were as follows:


	June 30,		December 31,
(Dollars in thousands)	2020		2019
Real estate – residential mortgage	$	980	$	1,526
Commercial, financial and agricultural:
Commercial business lending		—		11
Equity lines		244		229
Consumer		542		118
Consumer finance		369		611
Total loans on nonaccrual status	$	2,135	$	2,495

The past due status of loans as of June 30, 2020 was as follows:


															90+ Days
	30 - 59 Days		60 - 89 Days		90+ Days		Total								Past Due and
(Dollars in thousands)	Past Due		Past Due		Past Due		Past Due		PCI		Current¹		Total Loans		Accruing
Real estate – residential mortgage	$	537	$	285	$	880	$	1,702	$	1,814	$	201,495	$	205,011	$	291
Real estate – construction:
Construction lending		—		—		—		—		—		56,382		56,382		—
Consumer lot lending		—		—		—		—		—		15,712		15,712		—
Commercial, financial and agricultural:
Commercial real estate lending		232		—		—		232		5,452		415,999		421,683		—
Land acquisition and development lending		—		—		—		—		—		38,121		38,121		—
Builder line lending		—		—		—		—		—		22,172		22,172		—
Commercial business lending		—		—		—		—		—		200,841		200,841		—
Equity lines		47		—		50		97		76		52,524		52,697		—
Consumer		—		57		—		57		489		15,176		15,722		—
Consumer finance		5,096		705		369		6,170		—		294,479		300,649		—
Total	$	5,912	$	1,047	$	1,299	$	8,258	$	7,831	$	1,312,901	$	1,328,990	$	291

For the purposes of the table above, “Current” includes loans that are 1-29 days past due.

The table above includes nonaccrual loans that are current of $649,000, 60-89 days past due of $19,000 and 90+ days past due of $1.04 million, as well as nonaccrual loans that are PCI of $427,000.

The past due status of loans as of December 31, 2019 was as follows:


															90+ Days
	30 - 59 Days		60 - 89 Days		90+ Days		Total								Past Due and
(Dollars in thousands)	Past Due		Past Due		Past Due		Past Due		PCI		Current¹		Total Loans		Accruing
Real estate – residential mortgage	$	1,428	$	161	$	1,016	$	2,605	$	107	$	178,583	$	181,295	$	—
Real estate – construction:
Construction lending		—		—		—		—		—		40,943		40,943		—
Consumer lot lending		—		—		—		—		—		13,303		13,303		—
Commercial, financial and agricultural:
Commercial real estate lending		—		—		—		—		563		325,991		326,554		—
Land acquisition and development lending		—		—		—		—		—		42,891		42,891		—
Builder line lending		—		—		—		—		—		26,373		26,373		—
Commercial business lending		73		18		—		91		—		104,903		104,994		—
Equity lines		229		56		223		508		35		51,540		52,083		109
Consumer		20		10		—		30		—		13,726		13,756		—
Consumer finance		11,034		1,420		611		13,065		—		299,934		312,999		—
Total	$	12,784	$	1,665	$	1,850	$	16,299	$	705	$	1,098,187	$	1,115,191	$	109

For the purposes of the table above, “Current” includes loans that are 1-29 days past due.

The table above includes nonaccrual loans that are current of $547,000, 30-59 days past due of $197,000, 60-89 days past due of $10,000 and 90+ days past due of $1.74 million.

There were no loan modifications during the three months ended June 30, 2020 classified as a troubled debt restructuring (TDR). There was one loan modification during the six months ended June 30, 2020 that was classified as a TDR. This TDR was an equity line with a recorded investment of $84,000 at the time of its modification and included modifications of the loan’s payment structure. There was one loan modification during the three and six months ended June 30, 2019 that was classified as a TDR. This TDR was a consumer loan with a recorded investment of $121,000 at the time of its modification and included a modification of the loan’s interest rate.

All TDRs are considered impaired loans and are individually evaluated in the determination of the allowance for loan losses. A TDR payment default occurs when, within 12 months of the original TDR modification, either a full or partial charge-off occurs or a TDR becomes 90 days or more past due. The specific reserve associated with a TDR is reevaluated

when a TDR payment default occurs. There were no TDR payment defaults during the three and six months ended June 30, 2020 and 2019.

In response to the effects of the COVID-19 pandemic, including economic disruption and adverse impacts to commercial and consumer borrowers, the Bank has accommodated certain borrowers by granting short-term payment deferrals or periods of interest-only payments of up to six months in each case. As of June 30, 2020, the Bank had provided short-term payment deferrals on 200 loans with an aggregate balance of $94.91 million. Generally, a short-term payment deferral does not result in a loan modification being classified as a TDR. Management cannot predict the overall impact of the COVID-19 pandemic on its loan portfolio or the extent of payment deferrals or other modifications that may be granted.

Impaired loans, which included TDRs of $3.79 million, and the related allowance at June 30, 2020 were as follows:

Recorded

Investment

Average

Unpaid

in Loans

Balance-

Interest

Principal

without

with

Related

Impaired

Income

(Dollars in thousands)

Balance

Specific Reserve

Allowance

Loans

Recognized

Real estate – residential mortgage

2,892

1,072

1,677

2,875

Commercial, financial and agricultural:

Commercial real estate lending

1,401

—

1,401

1,409

Equity lines

121

113

—

120

Consumer

126

—

114

107

115

—

Total

4,540

1,185

3,192

248

4,519

Impaired loans, which included TDRs of $4.35 million, and the related allowance at December 31, 2019 were as follows:



			Recorded		Recorded
			Investment		Investment				Average
	Unpaid		in Loans		in Loans				Balance-		Interest
	Principal		without		with		Related		Impaired		Income
(Dollars in thousands)	Balance		Specific Reserve		Specific Reserve		Allowance		Loans		Recognized
Real estate – residential mortgage	$	3,891	$	2,192	$	1,479	$	72	$	3,506	$	155
Commercial, financial and agricultural:
Commercial real estate lending		1,459		4		1,447		77		1,581		82
Equity lines		31		31		—		—		32		2
Consumer		130		—		121		118		123		—
Total	$	5,511	$	2,227	$	3,047	$	267	$	5,242	$	239