XML 77 R32.htm IDEA: XBRL DOCUMENT v3.19.3
Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2019
Receivables [Abstract]  
Allowance for Loan Losses
The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the prior one to five years. Management believes using the highest of the one, two or five-year historical loss experience is an appropriate methodology in the current economic environment, as it captures loss rates that are comparable to the current period being analyzed. The actual allowance for loan loss activity is provided below.
 
Three Months Ended
   
Nine Months Ended
 
  
September 30
   
September 30
 
  
2019
 
  
2018
 
  
2019
 
  
2018
 
  
(Unaudited)
 
  
(Unaudited)
 
  
(Unaudited)
 
  
(Unaudited)
 
Balance at beginning of the period
  $
  18,305
    $
  17,071
    $
  17,820
    $
  16,394
 
Loans
charged-off:
 
 
 
  
 
 
  
 
 
  
 
 
Commercial
 
 
 
  
 
 
  
 
 
  
 
 
Owner occupied real estate
   
9
     
97
      
346
     
110
 
Non-owner
occupied real estate
    
—  
      
—  
      
64
     
—  
  
Residential spec homes
   
—  
      
—  
      
3
     
—  
  
Development & spec land
   
—  
      
—  
      
—  
      
—  
  
Commercial and industrial
   
215
     
109
      
227
     
109
  
                                 
Total commercial
   
224
     
206
      
640
     
219
 
Real estate
 
 
 
  
 
 
  
 
 
  
 
 
Residential mortgage
   
—  
      
2
     
48
     
17
 
Residential construction
   
—  
      
—  
      
—  
      
—  
  
Mortgage warehouse
   
—  
      
—  
      
—  
      
—  
  
                                 
Total real estate
   
—  
      
2
     
48
     
17
 
Consumer
 
 
 
  
 
 
  
 
 
  
 
 
Direct installment
   
69
     
20
     
134
     
124
 
Indirect installment
   
601
     
432
     
1,392
     
1,302
 
Home equity
   
88
     
11
      
143
     
142
 
                                 
Total consumer
   
758
     
463
     
1,669
     
1,568
 
                                 
Total loans
charged-off
   
982
     
671
     
2,357
     
1,804
 
Recoveries of loans previously
charged-off:
 
 
 
  
 
 
  
 
 
  
 
 
Commercial
 
 
 
  
 
 
  
 
 
  
 
 
Owner occupied real estate
   
9
     
7
      
9
     
19
 
Non-owner
occupied real estate
    
5
     
5
     
15
     
22
 
Residential spec homes
   
2
     
2
     
5
     
6
 
Development & spec land
   
—  
      
—  
      
—  
      
—  
  
Commercial and industrial
   
16
     
13
     
93
     
71
 
                                 
Total commercial
   
32
     
27
     
122
     
118
 
Real estate
 
 
 
  
 
 
  
 
 
  
 
 
Residential mortgage
   
7
     
4
     
41
     
15
 
Residential construction
   
—  
      
—  
      
—  
      
—  
  
Mortgage warehouse
   
—  
      
—  
      
—  
      
—  
  
                                 
Total real estate
   
7
     
4
     
41
     
15
 
Consumer
 
 
 
  
 
 
  
 
 
  
 
 
Direct installment
   
24
     
10
     
47
     
42
 
Indirect installment
   
129
     
107
     
512
     
378
 
Home equity
   
65
     
74
     
135
     
277
 
                                 
Total consumer
   
218
     
191
     
694
     
697
 
                                 
Total loan recoveries
   
257
     
222
     
857
     
830
 
                                 
Net loans
charged-off
   
725
     
449
     
1,500
     
974
 
                                 
Provision charged to operating expense
 
 
 
  
 
 
  
 
 
  
 
 
Commercial
   
393
     
1,895
     
2,105
     
1,589
  
Real estate
   
(289
 )    
(243
 )    
(185
 )    
(612
 )
Consumer
   
272
     
(476
 )    
(284
 )    
1,401
 
                                 
Total provision charged to operating expense
   
376
     
1,176
     
1,636
     
2,378
 
                                 
Balance at the end of the period
  $
17,956
    $
17,798
    $
17,956
    $
17,798
 
                                 
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment analysis:
 
September 30, 2019
 
  
Commercial
 
  
Real Estate
 
  
Mortgage
Warehousing
 
  
Consumer
 
  
Total
 
Allowance For Loan Losses
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
Ending allowance balance attributable to loans:
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
Individually evaluated for impairment
  $
906
    $
—  
     $
—  
     $
—  
     $
906
 
Collectively evaluated for impairment
   
11,176
     
1,449
     
1,041
     
3,384
     
17,050
 
Loans acquired with deteriorated credit quality
   
—  
      
—  
      
—  
      
—  
      
—  
  
                                         
Total ending allowance balance
  $
12,082
    $
1,449
    $
1,041
    $
3,384
    $
17,956
 
                                         
Loans:
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
Individually evaluated for impairment
  $
8,194
    $
—  
     $
—  
     $
—  
     $
8,194
 
Collectively evaluated for impairment
   
2,039,841
     
796,485
     
155,631
     
665,192
     
3,657,149
 
Loans acquired with deteriorated credit quality
   
—  
      
—  
      
—  
      
—  
      
—  
  
                                         
Total ending loans balance
  $
2,048,035
    $
796,485
    $
155,631
    $
665,192
    $
3,665,343
 
                                         
 
                                         
 
December 31, 2018
 
 
Commercial
 
  
Real Estate
 
  
Mortgage
Warehousing
 
  
Consumer
 
  
Total
 
Allowance For Loan Losses
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
Ending allowance balance attributable to loans:
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
Individually evaluated for impairment
  $
1,035
    $
—  
     $
—  
     $
—  
     $
1,035
 
Collectively evaluated for impairment
   
9,460
     
1,676
     
1,006
     
4,643
     
16,785
 
Loans acquired with deteriorated credit quality
   
—  
      
—  
      
—  
      
—  
      
—  
  
                                         
Total ending allowance balance
  $
10,495
    $
1,676
    $
1,006
    $
4,643
    $
17,820
 
                                         
Loans:
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
Individually evaluated for impairment
  $
6,695
    $
—  
     $
—  
     $
—  
     $
6,695
 
Collectively evaluated for impairment
   
1,716,840
     
668,124
     
74,120
     
546,774
     
3,005,858
 
Loans acquired with deteriorated credit quality
   
—  
      
—  
      
—  
      
—  
      
—  
  
                                         
Total ending loans balance
  $
1,723,535
    $
668,124
    $
74,120
    $
546,774
    $
3,012,553