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Allowance for Loan Losses (Tables) | 9 Months Ended
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Sep. 30, 2021
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract] |
Schedule of allowances for loan losses by portfolio segment | The following table presents the activity of the allowance for credit losses by portfolio segment for the three months ended September 30.
Allowance for Credit Losses: |  | September 30, 2021
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 15,693 |  |  | $ | 17,837 |  |  | $ | 10,988 |  |  | $ | 214 |  |  | $ | 44,732 |
Provision for credit losses |  | (531) |  |  | (1,387) |  |  | 173 |  |  | 245 |  |  | (1,500) |
Loans charged-off |  | (313) |  |  | (61) |  |  | (1,240) |  |  | — |  |  | (1,614) |
Recoveries |  | 182 |  |  | 130 |  |  | 1,032 |  |  | — |  |  | 1,344 |
Ending Balance |  | $ | 15,031 |  |  | $ | 16,519 |  |  | $ | 10,953 |  |  | $ | 459 |  |  | $ | 42,962 |
Allowance for Credit Losses: |  | September 30, 2020
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 10,149 |  |  | $ | 1,876 |  |  | $ | 10,054 |  |  | $ | 1,206 |  |  | $ | 23,285 |
Provision for credit losses |  | 1,992 |  |  | 17 |  |  | 1,695 |  |  | 721 |  |  | 4,425 |
Loans charged-off |  | (160) |  |  | (296) |  |  | (1,542) |  |  | — |  |  | (1,998) |
Recoveries |  | 147 |  |  | 185 |  |  | 916 |  |  | — |  |  | 1,248 |
Ending Balance |  | $ | 12,128 |  |  | $ | 1,782 |  |  | $ | 11,123 |  |  | $ | 1,927 |  |  | $ | 26,960 |
The following table presents the activity of the allowance for credit losses by portfolio segment for the nine months ended September 30.
Allowance for Credit Losses: |  | September 30, 2021
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 16,901 |  |  | $ | 19,142 |  |  | $ | 11,009 |  |  | $ | — |  |  | $ | 47,052 |
Provision for credit losses |  | (2,067) |  |  | (2,577) |  |  | 941 |  |  | 459 |  |  | (3,244) |
Loans charged -off |  | (612) |  |  | (492) |  |  | (3,999) |  |  | — |  |  | (5,103) |
Recoveries |  | 809 |  |  | 446 |  |  | 3,002 |  |  | — |  |  | 4,257 |
Ending Balance |  | $ | 15,031 |  |  | $ | 16,519 |  |  | $ | 10,953 |  |  | $ | 459 |  |  | $ | 42,962 |
Allowance for Credit Losses: |  | September 30, 2020
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 8,945 |  |  | $ | 1,302 |  |  | $ | 8,304 |  |  | $ | 1,392 |  |  | $ | 19,943 |
Provision for credit losses |  | 3,325 |  |  | 795 |  |  | 5,425 |  |  | 535 |  |  | 10,080 |
Loans charged -off |  | (834) |  |  | (719) |  |  | (4,889) |  |  | — |  |  | (6,442) |
Recoveries |  | 692 |  |  | 404 |  |  | 2,283 |  |  | — |  |  | 3,379 |
Ending Balance |  | $ | 12,128 |  |  | $ | 1,782 |  |  | $ | 11,123 |  |  | $ | 1,927 |  |  | $ | 26,960 |
Schedule of loans individually evaluated for impairment by class of loans | The following table presents loans individually evaluated for impairment by class of loans.
|  | Three Months Ended September 30, 2020 |  | Nine Months Ended September 30, 2020
|  | Average Recorded |  | Interest Income |  | Cash Basis Interest Income |  | Average Recorded |  | Interest Income |  | Cash Basis Interest Income
(Dollar amounts in thousands) |  | Investment |  | Recognized |  | Recognized |  | Investment |  | Recognized |  | Recognized
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 1,026 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,048 |  |  | $ | — |  |  | $ | — |
Farmland |  | 662 |  |  | — |  |  | — |  |  | 1,161 |  |  | — |  |  | — |
Non Farm, Non Residential |  | 3,436 |  |  | — |  |  | — |  |  | 2,596 |  |  | — |  |  | — |
Agriculture |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
All Other Commercial |  | 25 |  |  | — |  |  | — |  |  | 26 |  |  | — |  |  | — |
Residential |  |  |  |  |  |  |  |  |  |  |  |
First Liens |  | 3,452 |  |  | — |  |  | — |  |  | 3,609 |  |  | — |  |  | — |
Home Equity |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Junior Liens |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Multifamily |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
All Other Residential |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Consumer |  |  |  |  |  |  |  |  |  |  |  |
Motor Vehicle |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
All Other Consumer |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
With an allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | 2,136 |  |  | — |  |  | — |  |  | 1,140 |  |  | — |  |  | — |
Farmland |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Non Farm, Non Residential |  | 171 |  |  | — |  |  | — |  |  | 86 |  |  | — |  |  | — |
Agriculture |  | 190 |  |  | — |  |  | — |  |  | 95 |  |  | — |  |  | — |
All Other Commercial |  | 754 |  |  | — |  |  | — |  |  | 377 |  |  | — |  |  | — |
Residential |  |  |  |  |  |  |  |  |  |  |  |
First Liens |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Home Equity |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Junior Liens |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Multifamily |  | 1,346 |  |  | — |  |  | — |  |  | 673 |  |  | — |  |  | — |
All Other Residential |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Consumer |  |  |  |  |  |  |  |  |  |  |  |
Motor Vehicle |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
All Other Consumer |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
TOTAL |  | $ | 13,198 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,811 |  |  | $ | — |  |  | $ | — |
Schedule of non-performing loans | The tables below present the recorded investment in non-performing loans by class of loans.
|  | September 30, 2021
|  | Loans Past Due Over 90 Days Still |  |  |  | Nonaccrual With No Allowance
(Dollar amounts in thousands) |  | Accruing |  | Nonaccrual |  | For Credit Loss
Commercial |  |  |  |  |  |
Commercial & Industrial |  | $ | — |  |  | $ | 3,451 |  |  | $ | 750 |
Farmland |  | — |  |  | 1,039 |  |  | 1,014 |
Non Farm, Non Residential |  | — |  |  | 3,100 |  |  | 2,990 |
Agriculture |  | — |  |  | 1,214 |  |  | 1,150 |
All Other Commercial |  | — |  |  | 252 |  |  | — |
Residential |  |  |  |  |  |
First Liens |  | 1,173 |  |  | 2,723 |  |  | 46 |
Home Equity |  | 13 |  |  | 86 |  |  | — |
Junior Liens |  | 35 |  |  | 300 |  |  | — |
Multifamily |  | — |  |  | 205 |  |  | — |
All Other Residential |  | — |  |  | 114 |  |  | — |
Consumer |  |  |  |  |  |
Motor Vehicle |  | 191 |  |  | 528 |  |  | — |
All Other Consumer |  | — |  |  | 638 |  |  | — |
TOTAL |  | $ | 1,412 |  |  | $ | 13,650 |  |  | $ | 5,950 |
|  | December 31, 2020
|  | Loans Past Due Over 90 Days Still |  |  |  | Nonaccrual With No Allowance
(Dollar amounts in thousands) |  | Accruing |  | Nonaccrual |  | For Credit Loss
Commercial |  |  |  |  |  |
Commercial & Industrial |  | $ | — |  |  | $ | 4,838 |  |  | $ | 1,080 |
Farmland |  | — |  |  | 195 |  |  | — |
Non Farm, Non Residential |  | — |  |  | 3,729 |  |  | 3,267 |
Agriculture |  | — |  |  | 409 |  |  | — |
All Other Commercial |  | — |  |  | 533 |  |  | 24 |
Residential |  |  |  |  |  |
First Liens |  | 1,746 |  |  | 2,604 |  |  | 86 |
Home Equity |  | 88 |  |  | 30 |  |  | — |
Junior Liens |  | 252 |  |  | 206 |  |  | — |
Multifamily |  | — |  |  | 1,380 |  |  | — |
All Other Residential |  | — |  |  | 135 |  |  | — |
Consumer |  |  |  |  |  |
Motor Vehicle |  | 372 |  |  | 754 |  |  | — |
All Other Consumer |  | — |  |  | 554 |  |  | — |
TOTAL |  | $ | 2,458 |  |  | $ | 15,367 |  |  | $ | 4,457 |
Aging of recorded investment in loans by past due category and class of loans | The following tables presents the aging of the recorded investment in loans by past due category and class of loans.
|  | September 30, 2021
|  | 30-59 Days |  | 60-89 Days |  | 90 Days and Greater |  | Total |  |  |  |
(Dollar amounts in thousands) |  | Past Due |  | Past Due |  | Past Due |  | Past Due |  | Current |  | Total
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 2,283 |  |  | $ | 59 |  |  | $ | 2,741 |  |  | $ | 5,083 |  |  | $ | 569,962 |  |  | $ | 575,045 |
Farmland |  | — |  |  | — |  |  | — |  |  | — |  |  | 114,045 |  |  | 114,045 |
Non Farm, Non Residential |  | 63 |  |  | 68 |  |  | 7 |  |  | 138 |  |  | 342,073 |  |  | 342,211 |
Agriculture |  | 96 |  |  | — |  |  | 1,188 |  |  | 1,284 |  |  | 122,284 |  |  | 123,568 |
All Other Commercial |  | 77 |  |  | — |  |  | — |  |  | 77 |  |  | 310,325 |  |  | 310,402 |
Residential |  |  |  |  |  |  |  |  |  |  |  |
First Liens |  | 858 |  |  | 873 |  |  | 1,840 |  |  | 3,571 |  |  | 302,634 |  |  | 306,205 |
Home Equity |  | 304 |  |  | 210 |  |  | 86 |  |  | 600 |  |  | 57,099 |  |  | 57,699 |
Junior Liens |  | 81 |  |  | 71 |  |  | 188 |  |  | 340 |  |  | 50,794 |  |  | 51,134 |
Multifamily |  | — |  |  | — |  |  | — |  |  | — |  |  | 106,564 |  |  | 106,564 |
All Other Residential |  | — |  |  | 45 |  |  | — |  |  | 45 |  |  | 15,556 |  |  | 15,601 |
Consumer |  |  |  |  |  |  |  |  |  |  |  |
Motor Vehicle |  | 5,147 |  |  | 836 |  |  | 229 |  |  | 6,212 |  |  | 444,294 |  |  | 450,506 |
All Other Consumer |  | 127 |  |  | 50 |  |  | — |  |  | 177 |  |  | 33,380 |  |  | 33,557 |
TOTAL |  | $ | 9,036 |  |  | $ | 2,212 |  |  | $ | 6,279 |  |  | $ | 17,527 |  |  | $ | 2,469,010 |  |  | $ | 2,486,537 |
|  | December 31, 2020
|  | 30-59 Days |  | 60-89 Days |  | 90 Days and Greater |  | Total |  |  |  |
(Dollar amounts in thousands) |  | Past Due |  | Past Due |  | Past Due |  | Past Due |  | Current |  | Total
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 685 |  |  | $ | 746 |  |  | $ | 3,364 |  |  | $ | 4,795 |  |  | $ | 603,777 |  |  | $ | 608,572 |
Farmland |  | 22 |  |  | — |  |  | 91 |  |  | 113 |  |  | 118,528 |  |  | 118,641 |
Non Farm, Non Residential |  | 155 |  |  | — |  |  | 271 |  |  | 426 |  |  | 350,681 |  |  | 351,107 |
Agriculture |  | 28 |  |  | 30 |  |  | 275 |  |  | 333 |  |  | 146,147 |  |  | 146,480 |
All Other Commercial |  | — |  |  | — |  |  | 24 |  |  | 24 |  |  | 305,612 |  |  | 305,636 |
Residential |  |  |  |  |  |  |  |  |  |  |  |
First Liens |  | 5,506 |  |  | 1,866 |  |  | 2,365 |  |  | 9,737 |  |  | 314,730 |  |  | 324,467 |
Home Equity |  | 260 |  |  | 29 |  |  | 104 |  |  | 393 |  |  | 60,362 |  |  | 60,755 |
Junior Liens |  | 421 |  |  | 68 |  |  | 341 |  |  | 830 |  |  | 53,346 |  |  | 54,176 |
Multifamily |  | — |  |  | — |  |  | — |  |  | — |  |  | 151,042 |  |  | 151,042 |
All Other Residential |  | — |  |  | 50 |  |  | — |  |  | 50 |  |  | 15,918 |  |  | 15,968 |
Consumer |  |  |  |  |  |  |  |  |  |  |  |
Motor Vehicle |  | 6,975 |  |  | 1,294 |  |  | 560 |  |  | 8,829 |  |  | 441,283 |  |  | 450,112 |
All Other Consumer |  | 164 |  |  | 19 |  |  | 13 |  |  | 196 |  |  | 31,401 |  |  | 31,597 |
TOTAL |  | $ | 14,216 |  |  | $ | 4,102 |  |  | $ | 7,408 |  |  | $ | 25,726 |  |  | $ | 2,592,827 |  |  | $ | 2,618,553 |
Troubled Debt Restructurings on Financing Receivables | During the three and nine months ended September 30, 2021 and 2020, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDRs.
|  |  |  | 2021 |  |
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Total
July 1, |  | $ | — |  |  | $ | 3,904 |  |  | $ | 556 |  |  | $ | 4,460 |
Added |  | — |  |  | — |  |  | 172 |  |  | 172 |
Charged Off |  | — |  |  | — |  |  | — |  |  | — |
Payments |  | — |  |  | (91) |  |  | (52) |  |  | (143) |
September 30, |  | $ | — |  |  | $ | 3,813 |  |  | $ | 676 |  |  | $ | 4,489 |
|  |  |  | 2021 |  |
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Total
January 1, |  | $ | — |  |  | $ | 3,589 |  |  | $ | 617 |  |  | $ | 4,206 |
Added |  | — |  |  | 491 |  |  | 294 |  |  | 785 |
Charged Off |  | — |  |  | (27) |  |  | (75) |  |  | (102) |
Payments |  | — |  |  | (240) |  |  | (160) |  |  | (400) |
September 30, |  | $ | — |  |  | $ | 3,813 |  |  | $ | 676 |  |  | $ | 4,489 |
|  |  |  | 2020 |  |
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Total
July 1, |  | — |  |  | 3,231 |  |  | 668 |  |  | 3,899 |
Added |  | — |  |  | 313 |  |  | 81 |  |  | 394 |
Charged Off |  | — |  |  | — |  |  | (30) |  |  | (30) |
Payments |  | — |  |  | (112) |  |  | (54) |  |  | (166) |
September 30, |  | — |  |  | 3,432 |  |  | 665 |  |  | 4,097 |
|  |  |  | 2020 |  |
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Total
January 1, |  | 11 |  |  | 3,485 |  |  | 698 |  |  | 4,194 |
Added |  | — |  |  | 436 |  |  | 216 |  |  | 652 |
Charged Off |  | — |  |  | (6) |  |  | (80) |  |  | (86) |
Payments |  | (11) |  |  | (483) |  |  | (169) |  |  | (663) |
September 30, |  | — |  |  | 3,432 |  |  | 665 |  |  | 4,097 |

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