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v3.22.1

Allowance for Loan Losses (Tables) | 3 Months Ended
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Mar. 31, 2022
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 March 31.
Allowance for Credit Losses: |  | March 31, 2022
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 18,883 |  |  | $ | 18,316 |  |  | $ | 10,721 |  |  | $ | 385 |  |  | $ | 48,305 |
Provision for credit losses |  | (1,040) |  |  | (5,144) |  |  | (300) |  |  | (66) |  |  | (6,550) |
Loans charged-off |  | (883) |  |  | (466) |  |  | (1,905) |  |  | — |  |  | (3,254) |
Recoveries |  | 340 |  |  | 529 |  |  | 1,146 |  |  | — |  |  | 2,015 |
Ending Balance |  | $ | 17,300 |  |  | $ | 13,235 |  |  | $ | 9,662 |  |  | $ | 319 |  |  | $ | 40,516 |
Allowance for Credit Losses: |  | March 31, 2021
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 13,925 |  |  | $ | 19,142 |  |  | $ | 11,009 |  |  | $ | — |  |  | $ | 44,076 |
Provision for credit losses |  | (478) |  |  | (262) |  |  | 1,028 |  |  | 164 |  |  | 452 |
Loans charged-off |  | (186) |  |  | (188) |  |  | (1,964) |  |  | — |  |  | (2,338) |
Recoveries |  | 478 |  |  | 147 |  |  | 985 |  |  | — |  |  | 1,610 |
Ending Balance |  | $ | 13,739 |  |  | $ | 18,839 |  |  | $ | 11,058 |  |  | $ | 164 |  |  | $ | 43,800 |
Schedule of non-performing loans | The tables below present the recorded investment in non-performing loans by class of loans.
|  | March 31, 2022
|  | Loans Past Due Over 90 Days Still |  |  |  | Nonaccrual With No Allowance
(Dollar amounts in thousands) |  | Accruing |  | Nonaccrual |  | For Credit Loss
Commercial |  |  |  |  |  |
Commercial & Industrial |  | $ | 4 |  |  | $ | 689 |  |  | $ | 352 |
Farmland |  | — |  |  | 15 |  |  | — |
Non Farm, Non Residential |  | — |  |  | 2,717 |  |  | 2,703 |
Agriculture |  | — |  |  | 84 |  |  | — |
All Other Commercial |  | — |  |  | 4 |  |  | — |
Residential |  |  |  |  |  |
First Liens |  | 279 |  |  | 2,036 |  |  | 18 |
Home Equity |  | — |  |  | 66 |  |  | — |
Junior Liens |  | 89 |  |  | 244 |  |  | — |
Multifamily |  | — |  |  | 211 |  |  | — |
All Other Residential |  | — |  |  | 101 |  |  | — |
Consumer |  |  |  |  |  |
Motor Vehicle |  | 362 |  |  | 863 |  |  | — |
All Other Consumer |  | 13 |  |  | 682 |  |  | — |
TOTAL |  | $ | 747 |  |  | $ | 7,712 |  |  | $ | 3,073 |
|  | December 31, 2021
|  | Loans Past Due Over 90 Days Still |  |  |  | Nonaccrual With No Allowance
(Dollar amounts in thousands) |  | Accruing |  | Nonaccrual |  | For Credit Loss
Commercial |  |  |  |  |  |
Commercial & Industrial |  | $ | 14 |  |  | $ | 1,950 |  |  | $ | 1,662 |
Farmland |  | — |  |  | 15 |  |  | — |
Non Farm, Non Residential |  | — |  |  | 2,911 |  |  | 2,898 |
Agriculture |  | — |  |  | 111 |  |  | — |
All Other Commercial |  | — |  |  | 4 |  |  | — |
Residential |  |  |  |  |  |
First Liens |  | 346 |  |  | 2,339 |  |  | 33 |
Home Equity |  | — |  |  | 84 |  |  | — |
Junior Liens |  | 89 |  |  | 294 |  |  | — |
Multifamily |  | — |  |  | 225 |  |  | — |
All Other Residential |  | — |  |  | 107 |  |  | — |
Consumer |  |  |  |  |  |
Motor Vehicle |  | 94 |  |  | 864 |  |  | — |
All Other Consumer |  | — |  |  | 686 |  |  | — |
TOTAL |  | $ | 543 |  |  | $ | 9,590 |  |  | $ | 4,593 |
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.
|  | March 31, 2022
|  | 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 |  | $ | 1,086 |  |  | $ | 382 |  |  | $ | 227 |  |  | $ | 1,695 |  |  | $ | 705,981 |  |  | $ | 707,676 |
Farmland |  | 94 |  |  | 205 |  |  | — |  |  | 299 |  |  | 134,430 |  |  | 134,729 |
Non Farm, Non Residential |  | 48 |  |  | — |  |  | — |  |  | 48 |  |  | 386,785 |  |  | 386,833 |
Agriculture |  | — |  |  | — |  |  | 49 |  |  | 49 |  |  | 114,251 |  |  | 114,300 |
All Other Commercial |  | 162 |  |  | — |  |  | — |  |  | 162 |  |  | 364,273 |  |  | 364,435 |
Residential |  |  |  |  |  |  |  |  |  |  |  |
First Liens |  | 3,628 |  |  | 446 |  |  | 747 |  |  | 4,821 |  |  | 329,788 |  |  | 334,609 |
Home Equity |  | 233 |  |  | 57 |  |  | 38 |  |  | 328 |  |  | 60,287 |  |  | 60,615 |
Junior Liens |  | 301 |  |  | 110 |  |  | 200 |  |  | 611 |  |  | 51,008 |  |  | 51,619 |
Multifamily |  | 386 |  |  | — |  |  | — |  |  | 386 |  |  | 161,473 |  |  | 161,859 |
All Other Residential |  | 93 |  |  | — |  |  | — |  |  | 93 |  |  | 27,978 |  |  | 28,071 |
Consumer |  |  |  |  |  |  |  |  |  |  |  |
Motor Vehicle |  | 5,935 |  |  | 883 |  |  | 686 |  |  | 7,504 |  |  | 426,290 |  |  | 433,794 |
All Other Consumer |  | 178 |  |  | 50 |  |  | 17 |  |  | 245 |  |  | 31,875 |  |  | 32,120 |
TOTAL |  | $ | 12,144 |  |  | $ | 2,133 |  |  | $ | 1,964 |  |  | $ | 16,241 |  |  | $ | 2,794,419 |  |  | $ | 2,810,660 |
|  | December 31, 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 |  | $ | 1,132 |  |  | $ | 388 |  |  | $ | 1,614 |  |  | $ | 3,134 |  |  | $ | 693,949 |  |  | $ | 697,083 |
Farmland |  | 57 |  |  | — |  |  | — |  |  | 57 |  |  | 141,189 |  |  | 141,246 |
Non Farm, Non Residential |  | 62 |  |  | — |  |  | — |  |  | 62 |  |  | 361,174 |  |  | 361,236 |
Agriculture |  | 90 |  |  | 42 |  |  | 89 |  |  | 221 |  |  | 141,682 |  |  | 141,903 |
All Other Commercial |  | 390 |  |  | — |  |  | — |  |  | 390 |  |  | 340,076 |  |  | 340,466 |
Residential |  |  |  |  |  |  |  |  |  |  |  |
First Liens |  | 4,686 |  |  | 680 |  |  | 949 |  |  | 6,315 |  |  | 336,064 |  |  | 342,379 |
Home Equity |  | 131 |  |  | 24 |  |  | 58 |  |  | 213 |  |  | 62,085 |  |  | 62,298 |
Junior Liens |  | 179 |  |  | 120 |  |  | 283 |  |  | 582 |  |  | 50,048 |  |  | 50,630 |
Multifamily |  | 342 |  |  | 146 |  |  | — |  |  | 488 |  |  | 178,849 |  |  | 179,337 |
All Other Residential |  | 284 |  |  | 291 |  |  | — |  |  | 575 |  |  | 30,843 |  |  | 31,418 |
Consumer |  |  |  |  |  |  |  |  |  |  |  |
Motor Vehicle |  | 7,633 |  |  | 1,105 |  |  | 486 |  |  | 9,224 |  |  | 433,095 |  |  | 442,319 |
All Other Consumer |  | 192 |  |  | 37 |  |  | — |  |  | 229 |  |  | 33,425 |  |  | 33,654 |
TOTAL |  | $ | 15,178 |  |  | $ | 2,833 |  |  | $ | 3,479 |  |  | $ | 21,490 |  |  | $ | 2,802,479 |  |  | $ | 2,823,969 |
Troubled Debt Restructurings on Financing Receivables | During the three months ended March 31, 2022 and 2021, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDRs.
|  |  |  | 2022 |  |
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Total
January 1, |  | $ | 407 |  |  | $ | 3,686 |  |  | $ | 706 |  |  | $ | 4,799 |
Added |  | — |  |  | 27 |  |  | 68 |  |  | 95 |
Charged Off |  | — |  |  | — |  |  | — |  |  | — |
Payments |  | — |  |  | (268) |  |  | (84) |  |  | (352) |
March 31, |  | $ | 407 |  |  | $ | 3,445 |  |  | $ | 690 |  |  | $ | 4,542 |
|  |  |  | 2021 |  |
(Dollar amounts in thousands) |  | Commercial |  | Residential |  | Consumer |  | Total
January 1, |  | — |  |  | 3,589 |  |  | 617 |  |  | 4,206 |
Added |  | — |  |  | 378 |  |  | 48 |  |  | 426 |
Charged Off |  | — |  |  | — |  |  | (43) |  |  | (43) |
Payments |  | — |  |  | (79) |  |  | (46) |  |  | (125) |
March 31, |  | — |  |  | 3,888 |  |  | 576 |  |  | 4,464 |

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