XML 37 R26.htm IDEA: XBRL DOCUMENT v3.19.1
Loans and Lease Finance Receivables and Allowance for Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
Summary of Components of Loans and Lease Finance Receivables, Excluding PCI Loans
 
 
 
March 31, 2019
 
 
December 31, 2018
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
957,126
 
 
$
1,002,209
 
SBA
 
 
337,957
 
 
 
350,043
 
Real estate:
 
 
 
 
 
 
 
 
Commercial real estate
 
 
5,388,866
 
 
 
5,394,229
 
Construction
 
 
121,912
 
 
 
122,782
 
SFR mortgage
 
 
285,787
 
 
 
296,504
 
Dairy & livestock and agribusiness
 
 
322,321
 
 
 
393,843
 
Municipal lease finance receivables
 
 
61,249
 
 
 
64,186
 
Consumer and other loans
 
 
120,768
 
 
 
128,429
 
Gross loans, excluding PCI loans
 
 
7,595,986
 
 
 
7,752,225
 
Less: Deferred loan fees, net
 
 
(4,479
)
 
 
(4,828
)
Gross loans, excluding PCI loans, net of deferred loan fees
 
 
7,591,507
 
 
 
7,747,397
 
Less: Allowance for loan losses
 
 
(65,021
)
 
 
(63,409
)
Net loans, excluding PCI loans
 
 
7,526,486
 
 
 
7,683,988
 
PCI Loans
 
 
15,356
 
 
 
17,214
 
Discount on PCI loans
 
 
-
 
 
 
-
 
Less: Allowance for loan losses
 
 
(180
)
 
 
(204
)
PCI loans, net
 
 
15,176
 
 
 
17,010
 
Total loans and lease finance receivables
 
$
7,541,662
 
 
$
7,700,998
 
Summary of Loan, Excluding PCI Loans by Internal Risk Ratings
 
 
March 31, 2019
 
 
 
Pass
 
 
Special

Mention
 
 
Substandard (1)
 
 
Doubtful &

Loss
 
 
Total
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
913,059
 
 
$
32,685
 
 
$
11,382
 
 
$
-
 
 
$
957,126
 
SBA
 
 
322,393
 
 
 
7,704
 
 
 
7,860
 
 
 
-
 
 
 
337,957
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
1,986,030
 
 
 
96,262
 
 
 
16,849
 
 
 
-
 
 
 
2,099,141
 
Non-owner occupied
 
 
3,279,696
 
 
 
9,290
 
 
 
739
 
 
 
-
 
 
 
3,289,725
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
120,801
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
120,801
 
Non-speculative
 
 
1,111
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
1,111
 
SFR mortgage
 
 
278,962
 
 
 
3,287
 
 
 
3,538
 
 
 
-
 
 
 
285,787
 
Dairy & livestock and agribusiness
 
 
261,438
 
 
 
50,451
 
 
 
10,432
 
 
 
-
 
 
 
322,321
 
Municipal lease finance receivables
 
 
60,745
 
 
 
504
 
 
 
-
 
 
 
-
 
 
 
61,249
 
Consumer and other loans
 
 
118,596
 
 
 
1,215
 
 
 
957
 
 
 
-
 
 
 
120,768
 
Total gross loans, excluding PCI loans
 
$
7,342,831
 
 
$
201,398
 
 
$
51,757
 
 
$
-
 
 
$
7,595,986
 
(1)
Includes $19.9 million of classified loans acquired from CB in the third quarter of 2018.
 
 
 
December 31, 2018
 
 
 
Pass
 
 
Special

Mention
 
 
Substandard (1)
 
 
Doubtful &

Loss
 
 
Total
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
961,909
 
 
$
29,358
 
 
$
10,942
 
 
$
-
 
 
$
1,002,209
 
SBA
 
 
336,033
 
 
 
7,375
 
 
 
6,635
 
 
 
-
 
 
 
350,043
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
2,008,169
 
 
 
95,841
 
 
 
13,980
 
 
 
-
 
 
 
2,117,990
 
Non-owner occupied
 
 
3,260,822
 
 
 
9,938
 
 
 
5,479
 
 
 
-
 
 
 
3,276,239
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
118,233
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
118,233
 
Non-speculative
 
 
4,549
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
4,549
 
SFR mortgage
 
 
289,607
 
 
 
3,310
 
 
 
3,587
 
 
 
-
 
 
 
296,504
 
Dairy & livestock and agribusiness
 
 
350,044
 
 
 
34,586
 
 
 
9,213
 
 
 
-
 
 
 
393,843
 
Municipal lease finance receivables
 
 
63,650
 
 
 
536
 
 
 
-
 
 
 
-
 
 
 
64,186
 
Consumer and other loans
 
 
126,085
 
 
 
1,263
 
 
 
1,081
 
 
 
-
 
 
 
128,429
 
Total gross loans, excluding PCI loans
 
$
7,519,101
 
 
$
182,207
 
 
$
50,917
 
 
$
-
 
 
$
7,752,225
 
(1)
Includes $19.0 million of classified loans acquired from CB in the third quarter of 2018. 
 
Schedule of Balance and Activity Related to Allowance for Loan Losses for Held-for-Investment Loans by Type
 
 
For the Three Months Ended March 31, 2019
 
 
 
Ending Balance

December 31,

2018
 
 
Charge-offs
 
 
Recoveries
 
 
Provision for

(Recapture of)

Loan Losses
 
 
Ending Balance

March 31, 2019
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
7,520
 
 
$
-
 
 
$
110
 
 
$
(31
)
 
$
7,599
 
SBA
 
 
1,062
 
 
 
(20
)
 
 
5
 
 
 
232
 
 
 
1,279
 
Real estate:
 
 
 
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
44,934
 
 
 
-
 
 
 
-
 
 
 
1,144
 
 
 
46,078
 
Construction
 
 
981
 
 
 
-
 
 
 
3
 
 
 
(120
)
 
 
864
 
SFR mortgage
 
 
2,196
 
 
 
-
 
 
 
68
 
 
 
(76
)
 
 
2,188
 
Dairy & livestock and agribusiness
 
 
5,215
 
 
 
(78
)
 
 
-
 
 
 
562
 
 
 
5,699
 
Municipal lease finance receivables
 
 
775
 
 
 
-
 
 
 
-
 
 
 
(37
)
 
 
738
 
Consumer and other loans
 
 
726
 
 
 
(1
)
 
 
1
 
 
 
(150
)
 
 
576
 
PCI loans
 
 
204
 
 
 
-
 
 
 
-
 
 
 
(24
)
 
 
180
 
Total allowance for loan losses
 
$
63,613
 
 
$
(99
)
 
$
187
 
 
$
1,500
 
 
$
65,201
 
 
 
 
For the Three Months Ended March 31, 2018
 
 
 
Ending Balance

December 31,

2017
 
 
Charge-offs
 
 
Recoveries
 
 
Provision for

(Recapture of)
 
Loan Losses
 
 
Ending Balance

March 31, 2018
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
7,280
 
 
$
-
 
 
$
10
 
 
$
209
 
 
$
7,499
 
SBA
 
 
869
 
 
 
-
 
 
 
5
 
 
 
10
 
 
 
884
 
Real estate:
 
 
 
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
41,722
 
 
 
-
 
 
 
-
 
 
 
141
 
 
 
41,863
 
Construction
 
 
984
 
 
 
-
 
 
 
1,334
 
 
 
(1,331
)
 
 
987
 
SFR mortgage
 
 
2,112
 
 
 
-
 
 
 
-
 
 
 
90
 
 
 
2,202
 
Dairy & livestock and agribusiness
 
 
4,647
 
 
 
-
 
 
 
-
 
 
 
19
 
 
 
4,666
 
Municipal lease finance receivables
 
 
851
 
 
 
-
 
 
 
-
 
 
 
(17
)
 
 
834
 
Consumer and other loans
 
 
753
 
 
 
(7
)
 
 
8
 
 
 
(66
)
 
 
688
 
PCI loans
 
 
367
 
 
 
-
 
 
 
-
 
 
 
(55
)
 
 
312
 
Total allowance for loan losses
 
$
59,585
 
 
$
(7
)
 
$
1,357
 
 
$
(1,000
)
 
$
59,935
 
Schedule of Recorded Investment in Loans Held-for-Investment and Related Allowance for Loan Losses by Loan Type
 
 
March 31, 2019
 
 
 
Recorded Investment in Loans
 
 
Allowance for Loan Losses
 
 
 
Individually

Evaluated for

Impairment
 
 
Collectively

Evaluated for

Impairment
 
 
Acquired with

Deterioriated

Credit Quality
 
 
Individually

Evaluated for

Impairment
 
 
Collectively

Evaluated for

Impairment
 
 
Acquired with

Deterioriated

Credit Quality
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
8,512
 
 
$
948,614
 
 
$
-
 
 
$
117
 
 
$
7,482
 
 
$
-
 
SBA
 
 
4,661
 
 
 
333,296
 
 
 
-
 
 
 
317
 
 
 
962
 
 
 
-
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
1,589
 
 
 
5,387,277
 
 
 
-
 
 
 
-
 
 
 
46,078
 
 
 
-
 
Construction
 
 
-
 
 
 
121,912
 
 
 
-
 
 
 
-
 
 
 
864
 
 
 
-
 
SFR mortgage
 
 
5,051
 
 
 
280,736
 
 
 
-
 
 
 
-
 
 
 
2,188
 
 
 
-
 
Dairy & livestock and agribusiness
 
 
-
 
 
 
322,321
 
 
 
-
 
 
 
-
 
 
 
5,699
 
 
 
-
 
Municipal lease finance receivables
 
 
-
 
 
 
61,249
 
 
 
-
 
 
 
-
 
 
 
738
 
 
 
-
 
Consumer and other loans
 
 
477
 
 
 
120,291
 
 
 
-
 
 
 
1
 
 
 
575
 
 
 
-
 
PCI loans
 
 
-
 
 
 
-
 
 
 
15,356
 
 
 
-
 
 
 
-
 
 
 
180
 
Total
 
$
20,290
 
 
$
7,575,696
 
 
$
15,356
 
 
$
435
 
 
$
64,586
 
 
$
180
 
 
 
 
March 31, 2018
 
 
 
Recorded Investment in Loans
 
 
Allowance for Loan Losses
 
 
 
Individually

Evaluated for

Impairment
 
 
Collectively

Evaluated for

Impairment
 
 
Acquired with

Deterioriated

Credit Quality
 
 
Individually

Evaluated for

Impairment
 
 
Collectively

Evaluated for

Impairment
 
 
Acquired with

Deterioriated

Credit Quality
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
432
 
 
$
513,797
 
 
$
-
 
 
$
-
 
 
$
7,499
 
 
$
-
 
SBA
 
 
1,201
 
 
 
122,231
 
 
 
-
 
 
 
-
 
 
 
884
 
 
 
-
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
7,992
 
 
 
3,403,224
 
 
 
-
 
 
 
-
 
 
 
41,863
 
 
 
-
 
Construction
 
 
-
 
 
 
79,898
 
 
 
-
 
 
 
-
 
 
 
987
 
 
 
-
 
SFR mortgage
 
 
3,576
 
 
 
234,042
 
 
 
-
 
 
 
-
 
 
 
2,202
 
 
 
-
 
Dairy & livestock and agribusiness
 
 
818
 
 
 
275,561
 
 
 
-
 
 
 
-
 
 
 
4,666
 
 
 
-
 
Municipal lease finance receivables
 
 
-
 
 
 
67,892
 
 
 
-
 
 
 
-
 
 
 
834
 
 
 
-
 
Consumer and other loans
 
 
438
 
 
 
63,721
 
 
 
-
 
 
 
-
 
 
 
688
 
 
 
-
 
PCI loans
 
 
-
 
 
 
-
 
 
 
25,861
 
 
 
-
 
 
 
-
 
 
 
312
 
Total
 
$
14,457
 
 
$
4,760,366
 
 
$
25,861
 
 
$
-
 
 
$
59,623
 
 
$
312
 
Schedule of Recorded Investment in, and Aging of, Past Due and Nonaccrual Loans, Excluding PCI Loans by Class of Loans
The following tables present the recorded investment in, and the aging of, past due and nonaccrual loans, excluding PCI loans, by type of loans for the periods presented.
 
 
 
March 31, 2019
 
 
 
30-59 Days

Past Due
 
 
60-89 Days

Past Due
 
 
Total Past Due

and Accruing
 
 
Nonaccrual

(1) (3)
 
 
Current
 
 
Total Loans

and Financing

Receivables
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
339
 
 
$
30
 
 
$
369
 
 
$
8,388
 
 
$
948,369
 
 
$
957,126
 
SBA
 
 
601
 
 
 
-
 
 
 
601
 
 
 
4,098
 
 
 
333,258
 
 
 
337,957
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
-
 
 
 
-
 
 
 
-
 
 
 
519
 
 
 
2,098,622
 
 
 
2,099,141
 
Non-owner occupied
 
 
124
 
 
 
-
 
 
 
124
 
 
 
615
 
 
 
3,288,986
 
 
 
3,289,725
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative (2)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
120,801
 
 
 
120,801
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
1,111
 
 
 
1,111
 
SFR mortgage
 
 
-
 
 
 
-
 
 
 
-
 
 
 
2,894
 
 
 
282,893
 
 
 
285,787
 
Dairy & livestock and agribusiness
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
322,321
 
 
 
322,321
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
61,249
 
 
 
61,249
 
Consumer and other loans
 
 
98
 
 
 
3
 
 
 
101
 
 
 
477
 
 
 
120,190
 
 
 
120,768
 
Total gross loans, excluding PCI loans
 
$
1,162
 
 
$
33
 
 
$
1,195
 
 
$
16,991
 
 
$
7,577,800
 
 
$
7,595,986
 
 
(1)
As of March 31, 2019, $
1.4
 million of nonaccruing loans were current, $
2.1 
million were 30-59 days past due, zero were 60-89 days past due and
$
13.5
 million were 90+ days past due.
(2)
Speculative construction loans are generally for properties where there is no identified buyer or renter.
(3)
Includes $
13.7
 million of nonaccrual loans acquired from CB in the third quarter of 2018.
 
 
 
December 31, 2018
 
 
 
30-59 Days

Past Due
 
 
60-89 Days

Past Due
 
 
Total Past Due

and Accruing
 
 
Nonaccrual

(1) (3)
 
 
Current
 
 
Total Loans

and 
Financing

Receivables
 
 
 
(Dollars in thousands)
 
Commercial and industrial
 
$
820
 
 
$
89
 
 
$
909
 
 
$
7,490
 
 
$
993,810
 
 
$
1,002,209
 
SBA
 
 
1,172
 
 
 
135
 
 
 
1,307
 
 
 
2,892
 
 
 
345,844
 
 
 
350,043
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
2,439
 
 
 
350
 
 
 
2,789
 
 
 
589
 
 
 
2,114,612
 
 
 
2,117,990
 
Non-owner occupied
 
 
-
 
 
 
-
 
 
 
-
 
 
 
5,479
 
 
 
3,270,760
 
 
 
3,276,239
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative (2)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
118,233
 
 
 
118,233
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
4,549
 
 
 
4,549
 
SFR mortgage
 
 
-
 
 
 
285
 
 
 
285
 
 
 
2,937
 
 
 
293,282
 
 
 
296,504
 
Dairy & livestock and agribusiness
 
 
-
 
 
 
-
 
 
 
-
 
 
 
78
 
 
 
393,765
 
 
 
393,843
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
64,186
 
 
 
64,186
 
Consumer and other loans
 
 
-
 
 
 
-
 
 
 
-
 
 
 
486
 
 
 
127,943
 
 
 
128,429
 
Total gross loans, excluding PCI loans
 
$
4,431
 
 
$
859
 
 
$
5,290
 
 
$
19,951
 
 
$
7,726,984
 
 
$
7,752,225
 
 
(1)
As of December 31, 2018, $
2.3
 million of nonaccruing loans were current, $
33,000
were 30-59 days past due, $
57,000
were 60-89 days past due and $
17.6
 million were 90+ days past due.
(2)
Speculative construction loans are generally for properties where there is no identified buyer or renter.
(3)
Includes $
12.3
 million of nonaccrual loans acquired from CB in the third quarter of 2018.
Schedule of Held-for-Investment Loans, Excluding PCI Loans, Individually Evaluated for Impairment by Class of Loans
The following tables present information for held-for-investment loans, excluding PCI loans, individually evaluated for impairment by type of loans, as and for the periods presented.
 
 
 
As of and For the Three Months Ended

March 31, 2019
 
 
 
Recorded

Investment
 
 
Unpaid

Principal

Balance
 
 
Related

Allowance
 
 
Average

Recorded

Investment
 
 
Interest

Income

Recognized
 
 
 
 
 
 
(Dollars in thousands)
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
8,208
 
 
$
12,317
 
 
$
-
 
 
$
8,230
 
 
$
2
 
SBA
 
 
3,400
 
 
 
5,779
 
 
 
-
 
 
 
3,511
 
 
 
11
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
519
 
 
 
618
 
 
 
-
 
 
 
521
 
 
 
-
 
Non-owner occupied
 
 
1,070
 
 
 
1,231
 
 
 
-
 
 
 
1,084
 
 
 
7
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SFR mortgage
 
 
5,051
 
 
 
5,865
 
 
 
-
 
 
 
5,082
 
 
 
21
 
Dairy & livestock and agribusiness
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Consumer and other loans
 
 
476
 
 
 
625
 
 
 
-
 
 
 
482
 
 
 
-
 
Total
 
 
18,724
 
 
 
26,435
 
 
 
-
 
 
 
18,910
 
 
 
41
 
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
304
 
 
 
309
 
 
 
117
 
 
 
323
 
 
 
-
 
SBA
 
 
1,261
 
 
 
1,236
 
 
 
317
 
 
 
1,261
 
 
 
-
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Non-owner occupied
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SFR mortgage
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Dairy & livestock and agribusiness
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Consumer and other loans
 
 
1
 
 
 
1
 
 
 
1
 
 
 
1
 
 
 
-
 
Total
 
 
1,566
 
 
 
1,546
 
 
 
435
 
 
 
1,585
 
 
 
-
 
Total impaired loans
 
$
20,290
 
 
$
27,981
 
 
$
435
 
 
$
20,495
 
 
$
41
 
 
 
 
 
As of and For the Three Months

Ended March 31, 2018
 
 
 
Recorded

Investment
 
 
Unpaid

Principal

Balance
 
 
Related

Allowance
 
 
Average

Recorded

Investment
 
 
Interest

Income

Recognized
 
 
 
(Dollars in thousands)
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
432
 
 
$
986
 
 
$
-
 
 
$
461
 
 
$
2
 
SBA
 
 
1,201
 
 
 
1,327
 
 
 
-
 
 
 
1,220
 
 
 
12
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
4,332
 
 
 
4,755
 
 
 
-
 
 
 
4,348
 
 
 
-
 
Non-owner occupied
 
 
3,660
 
 
 
5,033
 
 
 
-
 
 
 
3,715
 
 
 
22
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SFR mortgage
 
 
3,576
 
 
 
4,236
 
 
 
-
 
 
 
3,599
 
 
 
25
 
Dairy & livestock and agribusiness
 
 
818
 
 
 
1,091
 
 
 
-
 
 
 
826
 
 
 
-
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Consumer and other loans
 
 
438
 
 
 
640
 
 
 
-
 
 
 
519
 
 
 
-
 
Total
 
 
14,457
 
 
 
18,068
 
 
 
-
 
 
 
14,688
 
 
 
61
 
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SBA
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Non-owner occupied
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
SFR mortgage
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Dairy & livestock and agribusiness
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Consumer and other loans
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Total
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Total impaired loans
 
$
14,457
 
 
$
18,068
 
 
$
-
 
 
$
14,688
 
 
$
61
 
 
 
 
 
As of December 31, 2018
 
 
 
Recorded

Investment
 
 
Unpaid

Principal

Balance
 
 
Related

Allowance
 
 
 
(Dollars in thousands)
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
7,436
 
 
$
11,457
 
 
$
-
 
SBA
 
 
3,467
 
 
 
5,746
 
 
 
-
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
589
 
 
 
705
 
 
 
-
 
Non-owner occupied
 
 
2,808
 
 
 
4,324
 
 
 
-
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
-
 
 
 
-
 
 
 
-
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
SFR mortgage
 
 
5,349
 
 
 
6,270
 
 
 
-
 
Dairy & livestock and agribusiness
 
 
-
 
 
 
-
 
 
 
-
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
Consumer and other loans
 
 
418
 
 
 
526
 
 
 
-
 
Total
 
 
20,067
 
 
 
29,028
 
 
 
-
 
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
 
189
 
 
 
191
 
 
 
3
 
SBA
 
 
-
 
 
 
-
 
 
 
-
 
Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
 
-
 
 
 
-
 
 
 
-
 
Non-owner occupied
 
 
3,143
 
 
 
3,144
 
 
 
478
 
Construction
 
 
 
 
 
 
 
 
 
 
 
 
Speculative
 
 
-
 
 
 
-
 
 
 
-
 
Non-speculative
 
 
-
 
 
 
-
 
 
 
-
 
SFR mortgage
 
 
-
 
 
 
-
 
 
 
-
 
Dairy & livestock and agribusiness
 
 
78
 
 
 
78
 
 
 
12
 
Municipal lease finance receivables
 
 
-
 
 
 
-
 
 
 
-
 
Consumer and other loans
 
 
68
 
 
 
100
 
 
 
68
 
Total
 
 
3,478
 
 
 
3,513
 
 
 
561
 
Total impaired loans
 
$
23,545
 
 
$
32,541
 
 
$
561
 
Summary of Activity Related to Troubled Debt Restructurings
The following table provides a summary of the activity related to TDRs for the periods presented.
 
 
 
For the Three Months Ended
 
 
 
March 31,
 
 
 
2019
 
 
2018
 
 
 
(Dollars in thousands)
 
Performing TDRs:
 
 
 
 
 
 
 
 
Beginning balance
 
$
3,594
 
 
$
4,809
 
New modifications
 
 
-
 
 
 
-
 
Payoffs/payments, net and other
 
 
(295
)
 
 
(524
)
TDRs returned to accrual status
 
 
-
 
 
 
-
 
TDRs placed on nonaccrual status
 
 
-
 
 
 
-
 
Ending balance
 
$
3,299
 
 
$
4,285
 
Nonperforming TDRs:
 
 
 
 
 
 
 
 
Beginning balance
 
$
3,509
 
 
$
4,200
 
New modifications
 
 
-
 
 
 
-
 
Charge-offs
 
 
(78
)
 
 
-
 
Transfer to OREO
 
 
(2,275
)
 
 
-
 
Payoffs/payments, net and other
 
 
(879
)
 
 
(291
)
TDRs returned to accrual status
 
 
-
 
 
 
-
 
TDRs placed on nonaccrual status
 
 
-
 
 
 
-
 
Ending balance
 
$
277
 
 
$
3,909
 
Total TDRs
 
$
3,576
 
 
$
8,194