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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 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 September 30, 2021 and December 31, 2020:

			September 30, 2021						December 31, 2020
Commercial real estate:
Owner occupied			$	196,585					$	174,908
Non-owner occupied			509,703						409,567
Multi-family			112,002						113,635
Non-owner occupied residential			100,088						114,505
Acquisition and development:
1-4 family residential construction			12,246						9,486
Commercial and land development			71,784						51,826
Commercial and industrial (1)			540,205						647,368
Municipal			13,631						20,523
Residential mortgage:
First lien			203,360						244,321
Home equity - term			7,079						10,169
Home equity - lines of credit			154,004						157,021
Installment and other loans			19,077						26,361
Total loans			$	1,939,764					$	1,979,690

(1) This balance includes $259.9 million and $403.3 million of SBA PPP loans, net of deferred fees and costs, at September 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 September 30, 2021 and December 31, 2020:

			Pass						Special Mention						Non-Impaired Substandard						Impaired - Substandard						Doubtful						PCI Loans						Total
September 30, 2021
Commercial real estate:
Owner occupied			$	176,029					$	8,219					$	6,147					$	3,832					$	—					$	2,358					$	196,585
Non-owner occupied			476,947						32,272						168						—						—						316						509,703
Multi-family			91,726						19,662						614						—						—						—						112,002
Non-owner occupied residential			95,338						2,028						1,344						171						—						1,207						100,088
Acquisition and development:
1-4 family residential construction			12,246						—						—						—						—						—						12,246
Commercial and land development			70,648						636						500						—						—						—						71,784
Commercial and industrial			521,530						7,939						5,505						2,941						—						2,290						540,205
Municipal			13,631						—						—						—						—						—						13,631
Residential mortgage:
First lien			195,717						—						240						2,472						—						4,931						203,360
Home equity - term			7,056						—						—						7						—						16						7,079
Home equity - lines of credit			153,436						21						52						495						—						—						154,004
Installment and other loans			19,002						—						—						37						—						38						19,077
			$	1,833,306					$	70,777					$	14,570					$	9,955					$	—					$	11,156					$	1,939,764
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 September 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)
September 30, 2021
Commercial real estate:
Owner-occupied			$	—					$	—					$	—					$	3,832					$	4,923
Non-owner occupied residential			—						—						—						171						383
Commercial and industrial			—						—						—						2,941						3,592
Residential mortgage:
First lien			469						469						29						2,003						3,161
Home equity—term			—						—						—						7						10
Home equity—lines of credit			—						—						—						495						733
Installment and other loans			—						—						—						37						37
			$	469					$	469					$	29					$	9,486					$	12,839
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 nine months ended September 30, 2021 and 2020:

			2021												2020
			Average Impaired Balance						Interest Income Recognized						Average Impaired Balance						Interest Income Recognized
Three Months Ended September 30,
Commercial real estate:
Owner-occupied			$	4,179					$	—					$	4,424					$	—
Non-owner occupied			—						—						102						—
Multi-family			—						—						141						—
Non-owner occupied residential			232						—						433						—
Acquisition and development:
Commercial and land development			—						—						837						—
Commercial and industrial			3,073						—						1,044						—
Residential mortgage:
First lien			2,541						11						3,209						12
Home equity – term			10						—						12						—
Home equity - lines of credit			463						—						645						—
Installment and other loans			24						—						17						—
			$	10,522					$	11					$	10,864					$	12
Nine Months Ended September 30,
Commercial real estate:
Owner occupied			$	3,848					$	1					$	5,033					$	1
Non-owner occupied			—						—						108						—
Multi-family			7						—						259						—
Non-owner occupied residential			252						—						422						—
Acquisition and development:
Commercial and land development			246						—						586						—
Commercial and industrial			3,046						—						1,316						—
Residential mortgage:
First lien			2,575						32						3,050						36
Home equity - term			12						—						12						—
Home equity - lines of credit			547						—						699						1
Installment and other loans			17						—						29						—
			$	10,550					$	33					$	11,514					$	38

Troubled Debt Restructurings

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

			September 30, 2021												December 31, 2020
			Number of Contracts						Recorded Investment						Number of Contracts						Recorded Investment
Accruing:
Commercial real estate:
Owner occupied			1						$	26					1						$	28
Residential mortgage:
First lien			8						813						9						898
Home equity - lines of credit			—						—						1						8
			9						839						11						934
Nonaccruing:
Residential mortgage:
First lien			5						291						5						320
			5						291						5						320
			14						$	1,130					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 September 30, 2021 and December 31, 2020:

									Days Past Due
			Current						30-59						60-89						90+ (still accruing)						Total Past Due						Non- Accrual						Total Loans
September 30, 2021
Commercial real estate:
Owner occupied			$	190,183					$	238					$	—					$	—					$	238					$	3,806					$	194,227
Non-owner occupied			509,387						—						—						—						—						—						509,387
Multi-family			112,002						—						—						—						—						—						112,002
Non-owner occupied residential			98,459						—						251						—						251						171						98,881
Acquisition and development:
1-4 family residential construction			12,246						—						—						—						—						—						12,246
Commercial and land development			71,774						10						—						—						10						—						71,784
Commercial and industrial			534,967						7						—						—						7						2,941						537,915
Municipal			13,631						—						—						—						—						—						13,631
Residential mortgage:
First lien			196,076						341						318						35						694						1,659						198,429
Home equity - term			7,041						15						—						—						15						7						7,063
Home equity - lines of credit			153,266						208						35						—						243						495						154,004
Installment and other loans			18,891						70						41						—						111						37						19,039
Subtotal			1,917,923						889						645						35						1,569						9,116						1,928,608
Loans acquired with credit deterioration:
Commercial real estate:
Owner occupied			2,358						—						—						—						—						—						2,358
Non-owner occupied			316						—						—						—						—						—						316
Non-owner occupied residential			1,081						—						—						126						126						—						1,207
Commercial and industrial			2,290						—						—						—						—						—						2,290
Residential mortgage:
First lien			4,730						—						—						201						201						—						4,931
Home equity - term			16						—						—						—						—						—						16
Installment and other loans			38						—						—						—						—						—						38
Subtotal			10,829						—						—						327						327						—						11,156
			$	1,928,752					$	889					$	645					$	362					$	1,896					$	9,116					$	1,939,764

									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 nine months ended September 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
September 30, 2021
Balance, beginning of period			$	11,315					$	1,243					$	3,495					$	29					$	16,082					$	2,863					$	227					$	3,090					$	209					$	19,381
Provision for loan losses			(179)						290						386						(2)						495						(147)						18						(129)						(1)						365
Charge-offs			(89)						—						(55)						—						(144)						—						(20)						(20)						—						(164)
Recoveries			305						8						60						—						373						5						5						10						—						383
Balance, end of period			$	11,352					$	1,541					$	3,886					$	27					$	16,806					$	2,721					$	230					$	2,951					$	208					$	19,965
September 30, 2020
Balance, beginning of period			$	9,347					$	1,069					$	2,916					$	75					$	13,407					$	3,552					$	386					$	3,938					$	172					$	17,517
Provision for loan losses			1,520						(219)						963						(19)						2,245						(71)						18						(53)						8						2,200
Charge-offs			(3)						—						(193)						—						(196)						—						(31)						(31)						—						(227)
Recoveries			171						—						45						—						216						6						13						19						—						235
Balance, end of period			$	11,035					$	850					$	3,731					$	56					$	15,672					$	3,487					$	386					$	3,873					$	180					$	19,725
Nine Months Ended
September 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			133						418						109						(13)						647						(578)						(69)						(647)						(10)						(10)
Charge-offs			(270)						—						(621)						—						(891)						(92)						(49)						(141)						—						(1,032)
Recoveries			338						9						456						—						803						29						24						53						—						856
Balance, end of period			$	11,352					$	1,541					$	3,886					$	27					$	16,806					$	2,721					$	230					$	2,951					$	208					$	19,965
September 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			2,780						(117)						1,875						(44)						4,494						329						162						491						40						5,025
Charge-offs			(3)						—						(689)						—						(692)						(109)						(117)						(226)						—						(918)
Recoveries			624						8						189						—						821						120						22						142						—						963
Balance, end of period			$	11,035					$	850					$	3,731					$	56					$	15,672					$	3,487					$	386					$	3,873					$	180					$	19,725

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 September 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
September 30, 2021
Loans allocated by:
Individually evaluated for impairment			$	4,003					$	—					$	2,941					$	—					$	6,944					$	2,974					$	37					$	3,011					$	—					$	9,955
Collectively evaluated for impairment			914,375						84,030						537,264						13,631						1,549,300						361,469						19,040						380,509						—						1,929,809
			$	918,378					$	84,030					$	540,205					$	13,631					$	1,556,244					$	364,443					$	19,077					$	383,520					$	—					$	1,939,764
ALL allocated by:
Individually evaluated for impairment			$	—					$	—					$	—					$	—					$	—					$	29					$	—					$	29					$	—					$	29
Collectively evaluated for impairment			11,352						1,541						3,886						27						16,806						2,692						230						2,922						208						19,936
			$	11,352					$	1,541					$	3,886					$	27					$	16,806					$	2,721					$	230					$	2,951					$	208					$	19,965
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			$	—					$	—					$	—					$	—					$	—					$	33					$	—					$	33					$	—					$	33
Collectively evaluated for impairment			11,151						1,114						3,942						40						16,247						3,329						324						3,653						218						20,118
			$	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 nine months ended September 30, 2021 and 2020:

			Three Months Ended												Nine Months Ended
			September 30, 2021						September 30, 2020						September 30, 2021						September 30, 2020
Accretable yield, beginning of period			$	3,016					$	4,182					$	3,438					$	6,950
Additions (1)			—						—						—						570
Accretion of income			(203)						(546)						(878)						(2,459)
Reclassifications from nonaccretable difference due to improvement in expected cash flows			11						139						128						1,260
Other changes, net (2)			(12)						(231)						124						(2,777)
Accretable yield, end of period			$	2,812					$	3,544					$	2,812					$	3,544

(1) The amount for the nine months ended September 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 nine months ended September 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
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-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
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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

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-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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- Definition

Tabular disclosure of impaired financing receivables.

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-SubTopic 10
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- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
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-Paragraph 14
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- References

No definition available.

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
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- Definition

Tabular disclosure of financing receivable modified as troubled debt restructuring.

+ References

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