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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

6 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Summary of Loan Portfolio, Excluding Residential Loans Held for Sale, Broken Out by Classes

The following table presents the loan portfolio by segment and class, excluding residential mortgage LHFS, at June 30, 2021 and December 31, 2020:

			June 30, 2021						December 31, 2020
Commercial real estate:
Owner occupied			$	191,595					$	174,908
Non-owner occupied			471,541						409,567
Multi-family			112,420						113,635
Non-owner occupied residential			99,631						114,505
Acquisition and development:
1-4 family residential construction			9,686						9,486
Commercial and land development			55,330						51,826
Commercial and industrial (1)			599,123						647,368
Municipal			14,452						20,523
Residential mortgage:
First lien			211,918						244,321
Home equity - term			8,321						10,169
Home equity - lines of credit			149,601						157,021
Installment and other loans			21,765						26,361
Total loans			$	1,945,383					$	1,979,690

(1) This balance includes $355.6 million and $403.3 million of SBA PPP loans, net of deferred fees and costs, at June 30, 2021 and December 31, 2020, respectively.

Loan Portfolio Ratings Based on Internal Risk Rating System

The following table summarizes the Company’s loan portfolio ratings based on its internal risk rating system at June 30, 2021 and December 31, 2020:

			Pass						Special Mention						Non-Impaired Substandard						Impaired - Substandard						Doubtful						PCI Loans						Total
June 30, 2021
Commercial real estate:
Owner occupied			$	166,636					$	10,690					$	7,554					$	4,326					$	—					$	2,389					$	191,595
Non-owner occupied			422,074						48,779						367						—						—						321						471,541
Multi-family			91,959						19,836						625						—						—						—						112,420
Non-owner occupied residential			94,035						2,690						1,435						253						—						1,218						99,631
Acquisition and development:
1-4 family residential construction			9,686						—						—						—						—						—						9,686
Commercial and land development			54,179						643						508						—						—						—						55,330
Commercial and industrial			578,129						10,485						5,022						3,174						—						2,313						599,123
Municipal			14,452						—						—						—						—						—						14,452
Residential mortgage:
First lien			204,353						—						—						2,561						—						5,004						211,918
Home equity - term			8,288						—						—						17						—						16						8,321
Home equity - lines of credit			149,078						22						53						448						—						—						149,601
Installment and other loans			21,713						—						—						14						—						38						21,765
			$	1,814,582					$	93,145					$	15,564					$	10,793					$	—					$	11,299					$	1,945,383
December 31, 2020
Commercial real estate:
Owner occupied			$	148,846					$	12,491					$	7,855					$	3,260					$	—					$	2,456					$	174,908
Non-owner occupied			351,860						57,378						—						—						—						329						409,567
Multi-family			92,769						20,224						642						—						—						—						113,635
Non-owner occupied residential			107,557						3,948						1,422						268						—						1,310						114,505
Acquisition and development:
1-4 family residential construction			9,101						385						—						—						—						—						9,486
Commercial and land development			49,832						655						525						814						—						—						51,826
Commercial and industrial			617,213						17,561						6,118						3,639						—						2,837						647,368
Municipal			20,523						—						—						—						—						—						20,523
Residential mortgage:
First lien			236,381						—						—						2,628						—						5,312						244,321
Home equity - term			10,076						—						64						10						—						19						10,169
Home equity - lines of credit			156,264						95						54						608						—						—						157,021
Installment and other loans			26,283						—						—						17						—						61						26,361
			$	1,826,705					$	112,737					$	16,680					$	11,244					$	—					$	12,324					$	1,979,690

Impaired Loans by Segment and Class

The following table, which excludes accruing PCI loans, summarizes impaired loans by segment and class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required at June 30, 2021 and December 31, 2020. The recorded investment in loans excludes accrued interest receivable due to insignificance. Related allowances established generally pertain to those loans in which loan forbearance agreements were in the process of being negotiated or updated appraisals were pending, and any partial charge-off will be recorded when final information is received.

			Impaired Loans with a Specific Allowance																		Impaired Loans with No Specific Allowance
			Recorded Investment (Book Balance)						Unpaid Principal Balance (Legal Balance)						Related Allowance						Recorded Investment (Book Balance)						Unpaid Principal Balance (Legal Balance)
June 30, 2021
Commercial real estate:
Owner-occupied			$	—					$	—					$	—					$	4,326					$	5,531
Non-owner occupied residential			—						—						—						253						385
Commercial and industrial			—						—						—						3,174						3,849
Residential mortgage:
First lien			634						634						31						1,927						3,233
Home equity—term			—						—						—						17						23
Home equity—lines of credit			—						—						—						448						680
Installment and other loans			—						—						—						14						14
			$	634					$	634					$	31					$	10,159					$	13,715
December 31, 2020
Commercial real estate:
Owner-occupied			$	—					$	—					$	—					$	3,260					$	4,091
Non-owner occupied residential			—						—						—						268						393
Acquisition and development:
Commercial and land development			—						—						—						814						875
Commercial and industrial			—						—						—						3,639						4,269
Residential mortgage:
First lien			424						508						33						2,204						3,264
Home equity—term			—						—						—						10						13
Home equity—lines of credit			—						—						—						608						832
Installment and other loans			—						—						—						17						18
			$	424					$	508					$	33					$	10,820					$	13,755

Average Recorded Investment in Impaired Loans and Related Interest Income

The following table, which excludes accruing PCI loans, summarizes the average recorded investment in impaired loans and related recognized interest income for the three and six months ended June 30, 2021 and 2020:

			2021												2020
			Average Impaired Balance						Interest Income Recognized						Average Impaired Balance						Interest Income Recognized
Three Months Ended June 30,
Commercial real estate:
Owner-occupied			$	4,072					$	—					$	4,639					$	—
Non-owner occupied			—						—						169						—
Multi-family			—						—						270						—
Non-owner occupied residential			259						—						521						—
Acquisition and development:
Commercial and land development			—						—						837						—
Commercial and industrial			3,302						—						1,320						—
Residential mortgage:
First lien			2,542						10						3,177						12
Home equity – term			18						—						12						—
Home equity - lines of credit			547						—						704						1
Installment and other loans			13						—						18						—
			$	10,753					$	10					$	11,667					$	13
Six Months Ended June 30,
Commercial real estate:
Owner occupied			$	3,726					$	1					$	5,143					$	1
Non-owner occupied			—						—						96						—
Multi-family			11						—						301						—
Non-owner occupied residential			263						—						396						—
Acquisition and development:
Commercial and land development			351						—						478						—
Commercial and industrial			3,049						—						1,384						—
Residential mortgage:
First lien			2,593						21						2,874						24
Home equity - term			14						—						12						—
Home equity - lines of credit			581						—						715						1
Installment and other loans			12						—						34						—
			$	10,600					$	22					$	11,433					$	26

Troubled Debt Restructurings

The following table presents impaired loans that are TDRs, with the recorded investment at June 30, 2021 and December 31, 2020:

			June 30, 2021												December 31, 2020
			Number of Contracts						Recorded Investment						Number of Contracts						Recorded Investment
Accruing:
Commercial real estate:
Owner occupied			1						$	27					1						$	28
Residential mortgage:
First lien			8						823						9						898
Home equity - lines of credit			1						2						1						8
			10						852						11						934
Nonaccruing:
Residential mortgage:
First lien			5						299						5						320
			5						299						5						320
			15						$	1,151					16						$	1,254

Loan Portfolio Summarized by Aging Categories of Performing Loans and Nonaccrual Loans

The following table presents the classes of loan portfolio summarized by aging categories of performing loans and nonaccrual loans at June 30, 2021 and December 31, 2020:

									Days Past Due
			Current						30-59						60-89						90+ (still accruing)						Total Past Due						Non- Accrual						Total Loans
June 30, 2021
Commercial real estate:
Owner occupied			$	184,866					$	41					$	—					$	—					$	41					$	4,299					$	189,206
Non-owner occupied			471,220						—						—						—						—						—						471,220
Multi-family			112,420						—						—						—						—						—						112,420
Non-owner occupied residential			97,880						—						280						—						280						253						98,413
Acquisition and development:
1-4 family residential construction			9,592						—						94						—						94						—						9,686
Commercial and land development			55,320						10						—						—						10						—						55,330
Commercial and industrial			593,592						7						21						16						44						3,174						596,810
Municipal			14,452						—						—						—						—						—						14,452
Residential mortgage:
First lien			204,544						573						31						28						632						1,738						206,914
Home equity - term			8,278						10						—						—						10						17						8,305
Home equity - lines of credit			149,107						48						—						—						48						446						149,601
Installment and other loans			21,524						139						50						—						189						14						21,727
Subtotal			1,922,795						828						476						44						1,348						9,941						1,934,084
Loans acquired with credit deterioration:
Commercial real estate:
Owner occupied			2,389						—						—						—						—						—						2,389
Non-owner occupied			321						—						—						—						—						—						321
Non-owner occupied residential			1,085						—						—						133						133						—						1,218
Commercial and industrial			2,313						—						—						—						—						—						2,313
Residential mortgage:
First lien			4,698						271						—						35						306						—						5,004
Home equity - term			16						—						—						—						—						—						16
Installment and other loans			38						—						—						—						—						—						38
Subtotal			10,860						271						—						168						439						—						11,299
			$	1,933,655					$	1,099					$	476					$	212					$	1,787					$	9,941					$	1,945,383

									Days Past Due
			Current						30-59						60-89						90+ (still accruing)						Total Past Due						Non- Accrual						Total Loans
December 31, 2020
Commercial real estate:
Owner occupied			$	168,262					$	958					$	—					$	—					$	958					$	3,232					$	172,452
Non-owner occupied			409,130						108						—						—						108						—						409,238
Multi-family			113,635						—						—						—						—						—						113,635
Non-owner occupied residential			112,443						484						—						—						484						268						113,195
Acquisition and development:
1-4 family residential construction			9,486						—						—						—						—						—						9,486
Commercial and land development			50,922						32						58						—						90						814						51,826
Commercial and industrial			640,573						9						310						—						319						3,639						644,531
Municipal			19,677						846						—						—						846						—						20,523
Residential mortgage:
First lien			230,903						5,758						535						83						6,376						1,730						239,009
Home equity - term			10,099						40						—						1						41						10						10,150
Home equity - lines of credit			156,153						268						—						—						268						600						157,021
Installment and other loans			26,052						168						49						14						231						17						26,300
Subtotal			1,947,335						8,671						952						98						9,721						10,310						1,967,366
Loans acquired with credit deterioration:
Commercial real estate:
Owner occupied			2,456						—						—						—						—						—						2,456
Non-owner occupied			329						—						—						—						—						—						329
Non-owner occupied residential			1,161						—						—						149						149						—						1,310
Commercial and industrial			2,837						—						—						—						—						—						2,837
Residential mortgage:
First lien			4,341						655						9						307						971						—						5,312
Home equity - term			19						—						—						—						—						—						19
Installment and other loans			57						4						—						—						4						—						61
Subtotal			11,200						659						9						456						1,124						—						12,324
			$	1,958,535					$	9,330					$	961					$	554					$	10,845					$	10,310					$	1,979,690

Summary of Activity in the ALL and Ending Loan Balances Individually Evaluated for Impairment Based on Loan Segment

The following table presents the activity in the ALL for the three and six months ended June 30, 2021 and 2020:

			Commercial																														Consumer
			Commercial Real Estate						Acquisition and Development						Commercial and Industrial						Municipal						Total						Residential Mortgage						Installment and Other						Total						Unallocated						Total
Three Months Ended
June 30, 2021
Balance, beginning of period			$	10,671					$	1,046					$	3,714					$	38					$	15,469					$	3,058					$	208					$	3,266					$	232					$	18,967
Provision for loan losses			806						197						(223)						(9)						771						(142)						19						(123)						(23)						625
Charge-offs			(181)						—						(112)						—						(293)						(71)						(9)						(80)						—						(373)
Recoveries			19						—						116						—						135						18						9						27						—						162
Balance, end of period			$	11,315					$	1,243					$	3,495					$	29					$	16,082					$	2,863					$	227					$	3,090					$	209					$	19,381
June 30, 2020
Balance, beginning of period			$	8,420					$	1,033					$	2,647					$	99					$	12,199					$	3,139					$	294					$	3,433					$	171					$	15,803
Provision for loan losses			877						31						590						(24)						1,474						323						102						425						1						1,900
Charge-offs			—						—						(421)						—						(421)						(18)						(14)						(32)						—						(453)
Recoveries			50						5						100						—						155						108						4						112						—						267
Balance, end of period			$	9,347					$	1,069					$	2,916					$	75					$	13,407					$	3,552					$	386					$	3,938					$	172					$	17,517
Six Months Ended
June 30, 2021
Balance, beginning of period			$	11,151					$	1,114					$	3,942					$	40					$	16,247					$	3,362					$	324					$	3,686					$	218					$	20,151
Provision for loan losses			312						128						(277)						(11)						152						(431)						(87)						(518)						(9)						(375)
Charge-offs			(181)						—						(566)						—						(747)						(92)						(29)						(121)						—						(868)
Recoveries			33						1						396						—						430						24						19						43						—						473
Balance, end of period			$	11,315					$	1,243					$	3,495					$	29					$	16,082					$	2,863					$	227					$	3,090					$	209					$	19,381
June 30, 2020
Balance, beginning of period			$	7,634					$	959					$	2,356					$	100					$	11,049					$	3,147					$	319					$	3,466					$	140					$	14,655
Provision for loan losses			1,260						102						912						(25)						2,249						400						144						544						32						2,825
Charge-offs			—						—						(496)						—						(496)						(109)						(86)						(195)						—						(691)
Recoveries			453						8						144						—						605						114						9						123						—						728
Balance, end of period			$	9,347					$	1,069					$	2,916					$	75					$	13,407					$	3,552					$	386					$	3,938					$	172					$	17,517

The following table summarizes the ending loan balance individually evaluated for impairment based upon loan segment, as well as the related ALL loss allocation for each at June 30, 2021 and December 31, 2020. Accruing PCI loans are excluded from loans individually evaluated for impairment.

			Commercial																														Consumer
			Commercial Real Estate						Acquisition and Development						Commercial and Industrial						Municipal						Total						Residential Mortgage						Installment and Other						Total						Unallocated						Total
June 30, 2021
Loans allocated by:
Individually evaluated for impairment			$	4,579					$	—					$	3,174					$	—					$	7,753					$	3,026					$	14					$	3,040					$	—					$	10,793
Collectively evaluated for impairment			870,608						65,016						595,949						14,452						1,546,025						366,814						21,751						388,565						—						1,934,590
			$	875,187					$	65,016					$	599,123					$	14,452					$	1,553,778					$	369,840					$	21,765					$	391,605					$	—					$	1,945,383
ALL allocated by:
Individually evaluated for impairment			$	—					$	—					$	—					$	—					$	—					$	31					$	—					$	31					$	—					$	31
Collectively evaluated for impairment			11,315						1,243						3,495						29						16,082						2,832						227						3,059						209						19,350
			$	11,315					$	1,243					$	3,495					$	29					$	16,082					$	2,863					$	227					$	3,090					$	209					$	19,381
December 31, 2020
Loans allocated by:
Individually evaluated for impairment			$	3,528					$	814					$	3,639					$	—					$	7,981					$	3,246					$	17					$	3,263					$	—					$	11,244
Collectively evaluated for impairment			809,087						60,498						643,729						20,523						1,533,837						408,265						26,344						434,609						—						1,968,446
			$	812,615					$	61,312					$	647,368					$	20,523					$	1,541,818					$	411,511					$	26,361					$	437,872					$	—					$	1,979,690
ALL allocated by:
Individually evaluated for impairment			$	—					$	—					$	1					$	—					$	1					$	33					$	—					$	33					$	—					$	34
Collectively evaluated for impairment			11,151						1,114						3,941						40						16,246						3,329						324						3,653						218						20,117
			$	11,151					$	1,114					$	3,942					$	40					$	16,247					$	3,362					$	324					$	3,686					$	218					$	20,151

Schedule of Activity for the Accretable Yield of Purchased Impaired Loans

The following table provides activity for the accretable yield of PCI loans for the three and six months ended June 30, 2021 and 2020:

			Three Months Ended												Six Months Ended
			June 30, 2021						June 30, 2020						June 30, 2021						June 30, 2020
Accretable yield, beginning of period			$	3,072					$	4,414					$	3,438					$	6,950
Additions (1)			—						—						—						570
Accretion of income			(209)						(1,315)						(676)						(1,913)
Reclassifications from nonaccretable difference due to improvement in expected cash flows			74						1,104						118						1,121
Other changes, net (2)			79						(21)						136						(2,546)
Accretable yield, end of period			$	3,016					$	4,182					$	3,016					$	4,182

(1) The amount for the six months ended June 30, 2020 reflects a measurement period adjustment for Hamilton loans that should have been in the PCI pool at the acquisition date.

(2) The amount for the six months ended June 30, 2020 represents the impact of PCI loans sold during that period

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Impaired Financing Receivable Average Recorded Investment And Recognized Interest Income Table [Text Block]

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Tabular disclosure of allowance for credit loss on financing receivable.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
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-Section 50
-Paragraph 13
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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524

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Tabular disclosure of impaired financing receivables.

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