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Loans (Tables)
6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Loan Portfolio Segments and Classes The table below identifies the Company’s loan portfolio segments and classes.
Portfolio SegmentClass of Financing Receivable
CommercialOwner occupied real estate
Non-owner occupied real estate
Residential spec homes
Development & spec land
Commercial and industrial
Real estateResidential mortgage
Residential construction
Mortgage warehouseMortgage warehouse
ConsumerDirect installment
Indirect installment
Home equity
Loans Outstanding by Portfolio Class
The following table presents total loans outstanding by portfolio class, as of June 30, 2021 and December 31, 2020:
June 30,
2021
December 31,
2020
Commercial
Owner occupied real estate$475,908 $496,306 
Non–owner occupied real estate995,314 999,636 
Residential spec homes9,215 10,070 
Development & spec land23,188 26,372 
Commercial and industrial601,002 659,887 
Total commercial2,104,627 2,192,271 
Real estate
Residential mortgage537,259 598,700 
Residential construction22,178 25,586 
Mortgage warehouse205,311 395,626 
Total real estate764,748 1,019,912 
Consumer
Direct installment36,189 38,046 
Indirect installment358,161 357,511 
Home equity255,794 259,643 
Total consumer650,144 655,200 
Total loans3,519,519 3,867,383 
Allowance for credit losses(55,649)(57,027)
Net loans$3,463,870 $3,810,356 
Non-accrual, Loans Past Due Over 90 Days Still on Accrual, and Troubled Debt Restructured ("TDRs") by Class of Loans
The following table presents non–accrual loans, loans past due over 90 days still on accrual, and troubled debt restructurings (“TDRs”) by class of loans:

June 30, 2021
Non–accrualLoans Past
Due Over 90
Days Still
Accruing
Non–performing
TDRs
Performing
TDRs
Total
Non–performing
Loans
Non–accrual
with no Allowance for Credit Losses
Commercial
Owner occupied real estate$6,847 $— $603 $— $7,450 $2,378 
Non–owner occupied real estate1,020 — 303 — 1,323 1,323 
Residential spec homes— — — — — — 
Development & spec land820 — — — 820 820 
Commercial and industrial694 — 58 — 752 510 
Total commercial9,381 — 964 — 10,345 5,031 
Real estate
Residential mortgage5,458 — 924 1,459 7,841 6,263 
Residential construction— — — — — — 
Mortgage warehouse— — — — — — 
Total real estate5,458 — 924 1,459 7,841 6,263 
Consumer
Direct installment18 — — — 18 18 
Indirect installment828 — — — 828 828 
Home equity2,490 — 406 394 3,290 2,896 
Total consumer3,336 — 406 394 4,136 3,742 
Total$18,175 $— $2,294 $1,853 $22,322 $15,036 
December 31, 2020
Non–accrualLoans Past
Due Over 90
Days Still
Accruing
Non–performing
TDRs
Performing
TDRs
Total
Non–performing
Loans
Non–accrual
with no Allowance for Credit Losses
Commercial
Owner occupied real estate$10,581 $— $630 $168 $11,379 $6,305 
Non–owner occupied real estate237 — 330 — 567 567 
Residential spec homes— — — — — — 
Development & spec land70 — — — 70 70 
Commercial and industrial1,826 — 506 — 2,332 1,847 
Total commercial12,714 — 1,466 168 14,348 8,789 
Real estate
Residential mortgage5,674 17 922 1,381 7,994 7,097 
Residential construction— — — — — — 
Mortgage warehouse— — — — — — 
Total real estate5,674 17 922 1,381 7,994 7,097 
Consumer
Direct installment12 — — 13 13 
Indirect installment1,174 120 — — 1,294 1,294 
Home equity2,568 124 222 244 3,158 2,628 
Total consumer3,754 245 222 244 4,465 3,935 
Total$22,142 $262 $2,610 $1,793 $26,807 $19,821 
Payment Status by Class of Loan
The following table presents the payment status by class of loan, excluding non–accrual loans of $18.2 million and non–performing TDRs of $2.3 million at June 30, 2021:
June 30, 2021
Current30–59 Days
Past Due
60–89 Days
Past Due
90 Days or
Greater
Past Due
Total 
Past Due
Loans
Total
Loans
Commercial
Owner occupied real estate$468,458 $— $— $— $— $468,458 
Non–owner occupied real estate993,914 — 77 — 77 993,991 
Residential spec homes9,215 — — — — 9,215 
Development & spec land22,368 — — — — 22,368 
Commercial and industrial599,623 445 182 — 627 600,250 
Total commercial2,093,578 445 259 — 704 2,094,282 
Real estate
Residential mortgage529,780 865 232 — 1,097 530,877 
Residential construction22,178 — — — — 22,178 
Mortgage warehouse205,311 — — — — 205,311 
Total real estate757,269 865 232 — 1,097 758,366 
Consumer
Direct installment36,162 — 36,171 
Indirect installment356,485 709 139 — 848 357,333 
Home equity252,220 500 178 — 678 252,898 
Total consumer644,867 1,211 324 — 1,535 646,402 
Total$3,495,714 $2,521 $815 $— $3,336 $3,499,050 
Percentage of total loans99.90 %0.07 %0.02 %0.00 %0.10 %100.00 %
The following table presents the payment status by class of loan, excluding non–accrual loans of $22.1 million and non–performing TDRs of $2.6 million at December 31, 2020:
December 31, 2020
Current30–59 Days
Past Due
60–89 Days
Past Due
90 Days or
Greater
Past Due
Total 
Past Due
Loans
Total
Commercial
Owner occupied real estate$484,282 $683 $130 $— $813 $485,095 
Non–owner occupied real estate997,816 599 654 — 1,253 999,069 
Residential spec homes10,070 — — — — 10,070 
Development & spec land25,552 — 750 — 750 26,302 
Commercial and industrial657,027 249 279 — 528 657,555 
Total commercial2,174,747 1,531 1,813 — 3,344 2,178,091 
Real estate
Residential mortgage590,944 905 238 17 1,160 592,104 
Residential construction25,586 — — — — 25,586 
Mortgage warehouse395,626 — — — — 395,626 
Total real estate1,012,156 905 238 17 1,160 1,013,316 
Consumer
Direct installment37,965 69 — — 69 38,034 
Indirect installment354,655 1,356 206 120 1,682 356,337 
Home equity255,908 554 266 125 945 256,853 
Total consumer648,528 1,979 472 245 2,696 651,224 
Total$3,835,431 $4,415 $2,523 $262 $7,200 $3,842,631 
Percentage of total loans99.81 %0.11 %0.07 %0.01 %0.19 %100.00 %
Schedule of TDRs by Loan Portfolio
The following table presents TDRs by class of loan:
June 30, 2021December 31, 2020
Non–accrualAccruingTotalNon–accrualAccruingTotal
Commercial
Owner occupied real estate$603 $— $603 $630 $168 $798 
Non–owner occupied real estate303 — 303 330 — 330 
Residential spec homes— — — — — — 
Development & spec land— — — — — — 
Commercial and industrial58 — 58 506 — 506 
Total commercial964 — 964 1,466 168 1,634 
Real estate
Residential mortgage924 1,459 2,383 922 1,381 2,303 
Residential construction— — — — — — 
Mortgage warehouse— — — — — — 
Total real estate924 1,459 2,383 922 1,381 2,303 
Consumer
Direct installment— — — — — — 
Indirect installment— — — — — — 
Home equity406 394 800 222 244 466 
Total consumer406 394 800 222 244 466 
Total$2,294 $1,853 $4,147 $2,610 $1,793 $4,403 
Allowance for Credit Loss Allocated for Collateral Dependent Loans
The table below presents the amortized cost basis and allowance for credit losses (“ACL”) allocated for collateral dependent loans in accordance with ASC 326, which are individually evaluated to determine expected credit losses.
June 30, 2021
Real EstateAccounts Receivable/EquipmentOtherTotalACL
Allocation
Commercial
Owner occupied real estate$7,341 $109 $— $7,450 $1,267 
Non–owner occupied real estate1,323 — — 1,323 — 
Residential spec homes— — — — — 
Development & spec land820 — — 820 — 
Commercial and industrial— 752 — 752 160 
Total commercial9,484 861 — 10,345 1,427 
Total collateral dependent loans$9,484 $861 $— $10,345 $1,427 
December 31, 2020
Real EstateAccounts Receivable/EquipmentOtherTotalACL
Allocation
Commercial
Owner occupied real estate$11,309 $114 $— $11,423 $1,605 
Non–owner occupied real estate1,032 — — 1,032 — 
Residential spec homes— — — — — 
Development & spec land70 — — 70 — 
Commercial and industrial2,245 210 — 2,455 252 
Total commercial14,656 324 — 14,980 1,857 
Total collateral dependent loans$14,656 $324 $— $14,980 $1,857 
Loans by Credit Grades
The following tables present loans by credit grades and origination year at June 30, 2021.
June 30, 202120212020201920182017PriorRevolving LoansTotal
Commercial
Owner occupied real estate
Pass$29,263 $56,383 $56,495 $48,945 $43,937 $153,980 $39,681 $428,684 
Special Mention— — 1,023 1,129 8,852 11,638 — 22,642 
Substandard— 1,012 1,005 3,919 1,568 13,275 3,803 24,582 
Doubtful— — — — — — — — 
Total owner occupied real estate$29,263 $57,395 $58,523 $53,993 $54,357 $178,893 $43,484 $475,908 
Non–owner occupied real estate
Pass$69,815 $111,666 $109,816 $60,224 $133,171 $267,245 $166,989 $918,926 
Special Mention— 851 1,214 29,438 4,512 12,111 303 48,429 
Substandard— — 15,417 1,155 94 8,921 2,372 27,959 
Doubtful— — — — — — — — 
Total non–owner occupied real estate$69,815 $112,517 $126,447 $90,817 $137,777 $288,277 $169,664 $995,314 
Residential spec homes
Pass$500 $368 $606 $— $— $841 $6,900 $9,215 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total residential spec homes$500 $368 $606 $ $ $841 $6,900 $9,215 
Development & spec land
Pass$1,445 $563 $563 $1,480 $2,169 $12,177 $3,247 $21,644 
Special Mention— — — — — 190 200 390 
Substandard— — — — — 404 750 1,154 
Doubtful— — — — — — — — 
Total development & spec land$1,445 $563 $563 $1,480 $2,169 $12,771 $4,197 $23,188 
Commercial & industrial
Pass$205,256 $85,641 $55,244 $50,770 $68,524 $63,323 $32,927 $561,685 
Special Mention3,152 3,455 1,086 2,394 6,996 4,508 910 22,501 
Substandard2,689 570 2,213 3,001 1,717 4,321 2,305 16,816 
Doubtful— — — — — — — — 
Total commercial & industrial$211,097 $89,666 $58,543 $56,165 $77,237 $72,152 $36,142 $601,002 
Total commercial$312,120 $260,509 $244,682 $202,455 $271,540 $552,934 $260,387 $2,104,627 
June 30, 202120212020201920182017PriorRevolving LoansTotal
Real estate
Residential mortgage
Performing$52,716 $103,892 $48,617 $61,616 $68,983 $193,594 $— $529,418 
Non–performing— — 377 634 — 6,830 — 7,841 
Total residential mortgage$52,716 $103,892 $48,994 $62,250 $68,983 $200,424 $ $537,259 
Residential construction
Performing$— $— $— $— $— $— $22,178 $22,178 
Non–performing— — — — — — — — 
Total residential construction$ $ $ $ $ $ $22,178 $22,178 
Mortgage warehouse
Performing$— $— $— $— $— $— $205,311 $205,311 
Non–performing— — — — — — — — 
Total mortgage warehouse$ $ $ $ $ $ $205,311 $205,311 
Total real estate$52,716 $103,892 $48,994 $62,250 $68,983 $200,424 $227,489 $764,748 
June 30, 202120212020201920182017PriorRevolving LoansTotal
Consumer
Direct installment
Performing$7,408 $9,665 $7,494 $4,271 $4,174 $3,151 $$36,171 
Non–performing— — — — 15 — 18 
Total direct installment$7,408 $9,665 $7,494 $4,271 $4,189 $3,154 $8 $36,189 
Indirect installment
Performing$78,798 $113,258 $77,097 $54,691 $25,441 $8,048 $— $357,333 
Non–performing— 83 177 204 229 135 — 828 
Total indirect installment$78,798 $113,341 $77,274 $54,895 $25,670 $8,183 $ $358,161 
Home equity
Performing$30,630 $60,376 $36,093 $28,389 $23,158 $68,575 $5,283 $252,504 
Non–performing10 38 10 84 73 1,296 1,779 3,290 
Total home equity$30,640 $60,414 $36,103 $28,473 $23,231 $69,871 $7,062 $255,794 
Total consumer$116,846 $183,420 $120,871 $87,639 $53,090 $81,208 $7,070 $650,144 
The following tables present loans by credit grades and origination year at December 31, 2020.
December 31, 202020202019201820172016PriorRevolving LoansTotal
Commercial
Owner occupied real estate
Pass$57,726 $65,558 $49,455 $49,032 $47,480 $127,373 $40,027 $436,651 
Special Mention— 1,081 5,928 10,205 4,207 12,787 325 34,533 
Substandard1,021 1,231 4,012 2,504 2,839 9,673 3,842 25,122 
Doubtful— — — — — — — — 
Total owner occupied real estate$58,747 $67,870 $59,395 $61,741 $54,526 $149,833 $44,194 $496,306 
Non–owner occupied real estate
Pass$115,667 $120,023 $73,669 $133,396 $99,674 $208,649 $166,986 $918,064 
Special Mention862 1,236 28,723 1,298 2,548 13,182 4,072 51,921 
Substandard— 15,552 1,477 107 6,422 4,521 1,572 29,651 
Doubtful— — — — — — — — 
Total non–owner occupied real estate$116,529 $136,811 $103,869 $134,801 $108,644 $226,352 $172,630 $999,636 
Residential spec homes
Pass$737 $237 $— $298 $368 $1,177 $7,253 $10,070 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total residential spec homes$737 $237 $ $298 $368 $1,177 $7,253 $10,070 
Development & spec land
Pass$573 $736 $1,522 $2,461 $672 $11,971 $6,907 $24,842 
Special Mention— — — — — 274 — 274 
Substandard— — — — — 506 750 1,256 
Doubtful— — — — — — — — 
Total development & spec land$573 $736 $1,522 $2,461 $672 $12,751 $7,657 $26,372 
Commercial & industrial
Pass$253,953 $63,772 $58,978 $88,121 $26,044 $70,706 $30,845 $592,419 
Special Mention8,779 1,164 1,088 9,306 1,835 11,870 3,040 37,082 
Substandard4,233 7,079 11,072 1,660 636 3,322 2,384 30,386 
Doubtful— — — — — — — — 
Total commercial & industrial$266,965 $72,015 $71,138 $99,087 $28,515 $85,898 $36,269 $659,887 
Total commercial$443,551 $277,669 $235,924 $298,388 $192,725 $476,011 $268,003 $2,192,271 
December 31, 202020202019201820172016PriorRevolving LoansTotal
Real estate
Residential mortgage
Performing$109,487 $68,556 $86,572 $89,051 $65,718 $171,322 $— $590,706 
Non–performing— 296 636 39 300 6,723 — 7,994 
Total residential mortgage$109,487 $68,852 $87,208 $89,090 $66,018 $178,045 $ $598,700 
Residential construction
Performing$— $— $— $— $— $— $25,586 $25,586 
Non–performing— — — — — — — — 
Total residential construction$ $ $ $ $ $ $25,586 $25,586 
Mortgage warehouse
Performing$— $— $— $— $— $— $395,626 $395,626 
Non–performing— — — — — — — — 
Total mortgage warehouse$ $ $ $ $ $ $395,626 $395,626 
Total real estate$109,487 $68,852 $87,208 $89,090 $66,018 $178,045 $421,212 $1,019,912 
December 31, 202020202019201820172016PriorRevolving LoansTotal
Consumer
Direct installment
Performing$12,552 $9,552 $5,828 $5,946 $2,124 $2,019 $12 $38,033 
Non–performing— — — — 13 
Total direct installment$12,552 $9,552 $5,828 $5,951 $2,127 $2,024 $12 $38,046 
Indirect installment
Performing$134,394 $97,408 $74,215 $36,763 $8,636 $4,801 $— $356,217 
Non–performing84 223 392 361 80 154 — 1,294 
Total indirect installment$134,478 $97,631 $74,607 $37,124 $8,716 $4,955 $ $357,511 
Home equity
Performing$63,946 $42,762 $34,807 $27,553 $22,450 $59,503 $5,464 $256,485 
Non–performing— 111 74 121 1,237 1,606 3,158 
Total home equity$63,946 $42,771 $34,918 $27,627 $22,571 $60,740 $7,070 $259,643 
Total consumer$210,976 $149,954 $115,353 $70,702 $33,414 $67,719 $7,082 $655,200