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ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURE (Tables)

3 Months Ended

Mar. 31, 2020

ALLOWANCE FOR LOAN AND LEASE LOSSES

Schedule of activity in the allowance, by class

The following table presents by class, the activity in the ACL for loans under ASC 326 during the three months ended March 31, 2020 and under previous GAAP during the three months ended March 31, 2019:

									Real Estate
(dollars in thousands)			Commercial, Financial & Agricultural						Construction						Residential Mortgage						Home Equity						Commercial Mortgage												Consumer																		Total
Three Months Ended March 31, 2020
Beginning balance prior to ASC 326			$	8,136					$	1,792					$	13,327					$	4,206					$	11,113											$	9,397																	$	47,971
Impact of adoption of ASC 326			(627)						479						608						(1,614)						2,624												2,096																		3,566
Balance after adoption of ASC 326			7,509						2,271						13,935						2,592						13,737												11,493																		51,537
Provision for credit losses			1,231						655						(935)						(314)						5,779												2,913																		9,329
Charge-offs			437						—						—						—						—												2,217																		2,654
Recoveries			342						131						181						31						2												746																		1,433
Net charge-offs (recoveries)			95						(131)						(181)						(31)						(2)												1,471																		1,221
Ending balance			$	8,645					$	3,057					$	13,181					$	2,309					$	19,518											$	12,935																	$	59,645
Three Months Ended March 31, 2019
Beginning balance			$	8,027					$	1,202					$	14,349					$	3,788					$	13,358											$	7,192																	$	47,916
Provision for credit losses			50						91						(1,520)						481						(1,322)												3,503																		1,283
			8,077						1,293						12,829						4,269						12,036												10,695																		49,199
Charge-offs			463						—						—						—						—												2,251																		2,714
Recoveries			233						6						22						9						—												512																		782
Net charge-offs (recoveries)			230						(6)						(22)						(9)						—												1,739																		1,932
Ending balance			$	7,847					$	1,299					$	12,851					$	4,278					$	12,036											$	8,956																	$	47,267

The following table presents the activity in the reserve for off-balance sheet credit exposures, included in other liabilities, under ASC 326 during the three months ended March 31, 2020 and under previous GAAP during the three months ended March 31, 2019.

Three Months Ended March 31, 2020
Beginning balance prior to ASC 326			$	1,272
Impact of adoption of ASC 326			740
Balance after adoption of ASC 326			2,012
Provision for off-balance sheet credit exposures			1,798
Ending Balance			$	3,810
Three Months Ended March 31, 2019
Beginning balance			$	1,242
Provision for off-balance sheet credit exposures			167
Ending balance			$	1,409

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- References

No definition available.

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- Definition

Tabular disclosure of allowance for credit loss of financing receivable, classified as current.

+ 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)
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447

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