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v3.23.1

Loans and Allowance for Credit Losses on Loans (Details) - USD ($) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022
Allowance for loan losses: |  |  |
Beginning Balance | $ 49,480,000 | $ 44,281,000 |
(Release of) Provision for Credit Losses | 4,652,000 | 320,000 |
Charge-offs | 1,022,000 | 514,000 |
Recoveries | 282,000 | 221,000 |
Ending Balance | 53,392,000 | 44,308,000 |
ACL Allocation | 53,392,000 |  | $ 49,480,000
Net provision expense | 3,500,000 |  |
Allowance for credit loss unfunded commitment, purchase accounting adjustment | 596,000 |  |
Commercial |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 11,968,000 | 11,751,000 |
(Release of) Provision for Credit Losses | (581,000) | 825,000 |
Charge-offs | 27,000 | 30,000 |
Recoveries | 151,000 | 30,000 |
Ending Balance | 11,511,000 | 12,576,000 |
Leases |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 2,865,000 | 3,480,000 |
(Release of) Provision for Credit Losses | 774,000 | (907,000) |
Charge-offs | 882,000 |  |
Recoveries | 9,000 |  |
Ending Balance | 2,766,000 | 2,573,000 |
Commercial real estate - Investor |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 10,674,000 | 10,795,000 |
(Release of) Provision for Credit Losses | 4,569,000 | 108,000 |
Charge-offs |  | 236,000 |
Recoveries | 17,000 | 23,000 |
Ending Balance | 15,260,000 | 10,690,000 |
Commercial real estate - Owner occupied |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 15,001,000 | 4,913,000 |
(Release of) Provision for Credit Losses | 573,000 | 3,339,000 |
Charge-offs |  | 121,000 |
Recoveries | 2,000 | 8,000 |
Ending Balance | 15,576,000 | 8,139,000 |
Real estate - construction |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 1,546,000 | 3,373,000 |
(Release of) Provision for Credit Losses | (501,000) | (515,000) |
Ending Balance | 1,045,000 | 2,858,000 |
Residential real estate - Investor |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 768,000 | 760,000 |
(Release of) Provision for Credit Losses | (41,000) | (67,000) |
Recoveries | 19,000 | 10,000 |
Ending Balance | 746,000 | 703,000 |
Residential real estate - Owner occupied |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 2,046,000 | 2,832,000 |
(Release of) Provision for Credit Losses | (334,000) | (965,000) |
Recoveries | 10,000 | 83,000 |
Ending Balance | 1,722,000 | 1,950,000 |
Multifamily |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 2,453,000 | 3,675,000 |
(Release of) Provision for Credit Losses | 212,000 | (698,000) |
Ending Balance | 2,665,000 | 2,977,000 |
HELOC |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 1,806,000 | 2,510,000 |
(Release of) Provision for Credit Losses | (47,000) | (870,000) |
Recoveries | 29,000 | 35,000 |
Ending Balance | 1,788,000 | 1,675,000 |
Other |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 353,000 | 192,000 |
(Release of) Provision for Credit Losses | 28,000 | 70,000 |
Charge-offs | 113,000 | 127,000 |
Recoveries | 45,000 | 32,000 |
Ending Balance | 313,000 | 167,000 |
Unfunded Loan Commitment |  |  |
Allowance for loan losses: |  |  |
Beginning Balance | 4,300,000 |  |
Ending Balance | 3,200,000 | 4,200,000 |
Allowance for credit loss unfunded commitment, purchase accounting adjustment | 596,000 | $ 1,500,000 | $ 819,000
Unfunded Loan Commitment | Other Liabilities [Member] |  |  |
Allowance for loan losses: |  |  |
ACL on unfunded commitments | $ 3,800,000 |  |

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- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 + Details
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