XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.22.2

Loans and Allowance for Loan Losses | 6 Months Ended
--- | ---
Jun. 30, 2022
Loans and Allowance for Loan Losses |
Loans and Allowance for Loan Losses | NOTE 4 Loans and Allowance for Loan Losses The following table presents total loans outstanding, by portfolio segment, as of June 30, 2022 and December 31, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
(dollars in thousands) |  | 2022 |  | 2021
Commercial | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial (1) | ​ | $ | 484,426 | ​ | $ | 436,761
Real estate construction | ​ |  | 48,870 | ​ |  | 40,619
Commercial real estate | ​ |  | 599,737 | ​ |  | 598,893
Total commercial | ​ |  | 1,133,033 | ​ |  | 1,076,273
Consumer | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 568,571 | ​ |  | 510,716
Residential real estate junior lien | ​ |  | 135,255 | ​ |  | 125,668
Other revolving and installment | ​ |  | 53,384 | ​ |  | 45,363
Total consumer | ​ |  | 757,210 | ​ |  | 681,747
Total loans | ​ | $ | 1,890,243 | ​ | $ | 1,758,020
(1) | Included Paycheck Protection Program, or PPP, loans of $6.9 million at June 30, 2022 and $33.6 million at December 31, 2021.
​ Total loans included net deferred loan fees and costs of $928 thousand and $231 thousand at June 30, 2022 and December 31, 2021, respectively. Deferred loan fees on PPP loans were $106 thousand at June 30, 2022 and $881 thousand at December 31, 2021. Management monitors the credit quality of its loan portfolio on an ongoing basis. Measurements of delinquency and past due status are based on the contractual terms of each loan. Past due loans are reviewed regularly to identify loans for nonaccrual status. Loan modifications made in accordance with the Interagency Statement on Loan Modifications and Reporting for Financial Institutions, as issued on April 7, 2020, are included as accruing current. The following tables present a past due aging analysis of total loans outstanding, by portfolio segment, as of June 30, 2022 and December 31, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 90 Days | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accruing | ​ | 30 - 89 Days | ​ | or More | ​ | ​ | ​ | ​ | Total
(dollars in thousands) |  | Current |  | Past Due |  | Past Due |  | Nonaccrual |  | Loans
Commercial |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | $ | 482,743 | ​ | $ | 82 | ​ | $ | — | ​ | $ | 1,601 | ​ | $ | 484,426
Real estate construction | ​ |  | 48,833 | ​ |  | 37 | ​ |  | — | ​ |  | — | ​ |  | 48,870
Commercial real estate | ​ |  | 599,108 | ​ |  | — | ​ |  | — | ​ |  | 629 | ​ |  | 599,737
Total commercial | ​ |  | 1,130,684 | ​ |  | 119 | ​ |  | — | ​ |  | 2,230 | ​ |  | 1,133,033
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 565,443 | ​ |  | 1,255 | ​ |  | — | ​ |  | 1,873 | ​ |  | 568,571
Residential real estate junior lien | ​ |  | 134,636 | ​ |  | 426 | ​ |  | — | ​ |  | 193 | ​ |  | 135,255
Other revolving and installment | ​ |  | 53,123 | ​ |  | 187 | ​ |  | — | ​ |  | 74 | ​ |  | 53,384
Total consumer | ​ |  | 753,202 | ​ |  | 1,868 | ​ |  | — | ​ |  | 2,140 | ​ |  | 757,210
Total loans | ​ | $ | 1,883,886 | ​ | $ | 1,987 | ​ | $ | — | ​ | $ | 4,370 | ​ | $ | 1,890,243
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 90 Days | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Accruing | ​ | 30 - 89 Days | ​ | or More | ​ | ​ | ​ | ​ | Total
(dollars in thousands) |  | Current |  | Past Due |  | Past Due |  | Nonaccrual |  | Loans
Commercial | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | $ | 435,135 | ​ | $ | 168 | ​ | $ | 121 | ​ | $ | 1,337 | ​ | $ | 436,761
Real estate construction | ​ |  | 40,619 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 40,619
Commercial real estate | ​ |  | 598,264 | ​ |  | — | ​ |  | — | ​ |  | 629 | ​ |  | 598,893
Total commercial | ​ |  | 1,074,018 | ​ |  | 168 | ​ |  | 121 | ​ |  | 1,966 | ​ |  | 1,076,273
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 508,925 | ​ |  | 1,770 | ​ |  | — | ​ |  | 21 | ​ |  | 510,716
Residential real estate junior lien | ​ |  | 125,412 | ​ |  | 167 | ​ |  | — | ​ |  | 89 | ​ |  | 125,668
Other revolving and installment | ​ |  | 45,242 | ​ |  | 121 | ​ |  | — | ​ |  | — | ​ |  | 45,363
Total consumer | ​ |  | 679,579 | ​ |  | 2,058 | ​ |  | — | ​ |  | 110 | ​ |  | 681,747
Total loans | ​ | $ | 1,753,597 | ​ | $ | 2,226 | ​ | $ | 121 | ​ | $ | 2,076 | ​ | $ | 1,758,020
​ The Company’s consumer loan portfolio is primarily comprised of secured loans that are evaluated at origination on a centralized basis against standardized underwriting criteria. The Company generally does not risk rate consumer loans unless a default event such as bankruptcy or extended nonperformance takes place. Credit quality for the consumer loan portfolio is measured by delinquency rates, nonaccrual amounts and actual losses incurred. The Company assigns a risk rating to all commercial loans, except pools of homogeneous loans, and periodically performs detailed internal and external reviews of risk rated loans over a certain threshold to identify credit risks and to assess the overall collectability of the portfolio. These risk ratings are also subject to examination by the Company’s regulators. During the internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which the borrowers operate and the estimated fair values of collateral securing the loans. These credit quality indicators are used to assign a risk rating to each individual loan. The Company’s ratings are aligned to pass and criticized categories. The criticized category includes special mention, substandard, and doubtful risk ratings. The risk ratings are defined as follows: Pass: A pass loan is a credit with no existing or known potential weaknesses deserving of management’s close attention. Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, this potential weakness may result in deterioration of the repayment prospects for the loan or of the Company’s credit position at some future date. Special mention loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. Substandard: Loans classified as substandard are not adequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the repayment of the debt. Well-defined weaknesses include a borrower’s lack of marketability, inadequate cash flow or collateral support, failure to complete construction on time, or the failure to fulfill economic expectations. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or repayment in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loss: Loans classified as loss are considered uncollectible and charged off immediately. The tables below present total loans outstanding, by loan portfolio segment, and risk category as of June 30, 2022 and December 31, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2022
​ | ​ | ​ | ​ | ​ | Criticized | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Special | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Total
Commercial |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | $ | 479,586 | ​ | $ | 1,204 | ​ | $ | 3,636 | ​ | $ | — | ​ | $ | 484,426
Real estate construction | ​ |  | 48,870 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 48,870
Commercial real estate | ​ |  | 589,552 | ​ |  | 4,689 | ​ |  | 5,496 | ​ |  | — | ​ |  | 599,737
Total commercial | ​ | ​ | 1,118,008 | ​ | ​ | 5,893 | ​ | ​ | 9,132 | ​ | ​ | — | ​ | ​ | 1,133,033
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 566,368 | ​ |  | 65 | ​ |  | 2,138 | ​ |  | — | ​ |  | 568,571
Residential real estate junior lien | ​ |  | 134,537 | ​ |  | — | ​ |  | 718 | ​ |  | — | ​ |  | 135,255
Other revolving and installment | ​ |  | 53,310 | ​ |  | — | ​ |  | 74 | ​ |  | — | ​ |  | 53,384
Total consumer | ​ |  | 754,215 | ​ |  | 65 | ​ |  | 2,930 | ​ |  | — | ​ |  | 757,210
Total loans | ​ | $ | 1,872,223 | ​ | $ | 5,958 | ​ | $ | 12,062 | ​ | $ | — | ​ | $ | 1,890,243
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2021
​ | ​ | ​ | ​ | ​ | Criticized | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Special | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Total
Commercial |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | $ | 430,235 | ​ | $ | 480 | ​ | $ | 6,046 | ​ | $ | — | ​ | $ | 436,761
Real estate construction | ​ |  | 40,619 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 40,619
Commercial real estate | ​ |  | 585,291 | ​ |  | — | ​ |  | 13,602 | ​ |  | — | ​ |  | 598,893
Total commercial | ​ | ​ | 1,056,145 | ​ | ​ | 480 | ​ | ​ | 19,648 | ​ | ​ | — | ​ | ​ | 1,076,273
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 510,375 | ​ |  | — | ​ |  | 341 | ​ |  | — | ​ |  | 510,716
Residential real estate junior lien | ​ |  | 124,898 | ​ |  | — | ​ |  | 770 | ​ |  | — | ​ |  | 125,668
Other revolving and installment | ​ |  | 45,363 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 45,363
Total consumer | ​ |  | 680,636 | ​ |  | — | ​ |  | 1,111 | ​ |  | — | ​ |  | 681,747
Total loans | ​ | $ | 1,736,781 | ​ | $ | 480 | ​ | $ | 20,759 | ​ | $ | — | ​ | $ | 1,758,020
​ The adequacy of the allowance for loan losses is assessed at the end of each quarter. The allowance for loan losses includes a specific component related to loans that are individually evaluated for impairment and a general component related to loans that are segregated into homogeneous pools and collectively evaluated for impairment. The factors applied to these pools are an estimate of probable incurred losses based on management’s evaluation of historical net losses from loans with similar characteristics, which are adjusted by management to reflect current events, trends, and conditions. The adjustments include consideration of the following: changes in lending policies and procedures, economic conditions, nature and volume of the portfolio, experience of lending management, volume and severity of past due loans, quality of the loan review system, value of underlying collateral for collateral dependent loans, concentrations, and other external factors. The following tables present, by loan portfolio segment, a summary of the changes in the allowance for loan losses for the three and six months ended June 30, 2022 and 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, 2022
​ | ​ | Beginning | ​ | Provision for | ​ | Loan | ​ | Loan | ​ | Ending
(dollars in thousands) |  | Balance |  | Loan Losses |  | Charge-offs |  | Recoveries |  | Balance
Commercial |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | $ | 9,795 | ​ | $ | 1,085 | ​ | $ | (637) | ​ | $ | 90 | ​ | $ | 10,333
Real estate construction | ​ |  | 810 | ​ |  | 68 | ​ |  | — | ​ |  | — | ​ |  | 878
Commercial real estate | ​ |  | 11,946 | ​ |  | (1,123) | ​ |  | — | ​ |  | 11 | ​ |  | 10,834
Total commercial | ​ |  | 22,551 | ​ |  | 30 | ​ |  | (637) | ​ |  | 101 | ​ |  | 22,045
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 6,661 | ​ |  | (486) | ​ |  | — | ​ |  | — | ​ |  | 6,175
Residential real estate junior lien | ​ |  | 1,400 | ​ |  | (134) | ​ |  | — | ​ |  | 201 | ​ |  | 1,467
Other revolving and installment | ​ |  | 644 | ​ |  | (5) | ​ |  | (37) | ​ |  | 32 | ​ |  | 634
Total consumer | ​ |  | 8,705 | ​ |  | (625) | ​ |  | (37) | ​ |  | 233 | ​ |  | 8,276
Unallocated | ​ |  | 457 | ​ |  | 595 | ​ |  | — | ​ |  | — | ​ |  | 1,052
Total | ​ | $ | 31,713 | ​ | $ | — | ​ | $ | (674) | ​ | $ | 334 | ​ | $ | 31,373
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six months ended June 30, 2022
​ | ​ | Beginning | ​ | Provision for | ​ | Loan | ​ | Loan | ​ | Ending
(dollars in thousands) |  | Balance |  | Loan Losses |  | Charge-offs |  | Recoveries |  | Balance
Commercial | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 8,925 | ​ | $ | 1,856 | ​ | $ | (664) | ​ | $ | 216 | ​ | $ | 10,333
Real estate construction | ​ | ​ | 783 | ​ | ​ | 95 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 878
Commercial real estate | ​ | ​ | 12,376 | ​ | ​ | (1,564) | ​ | ​ | — | ​ | ​ | 22 | ​ | ​ | 10,834
Total commercial | ​ | ​ | 22,084 | ​ | ​ | 387 | ​ | ​ | (664) | ​ | ​ | 238 | ​ | ​ | 22,045
Consumer | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ | ​ | 6,532 | ​ | ​ | (357) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 6,175
Residential real estate junior lien | ​ | ​ | 1,295 | ​ | ​ | (42) | ​ | ​ | — | ​ | ​ | 214 | ​ | ​ | 1,467
Other revolving and installment | ​ | ​ | 481 | ​ | ​ | 140 | ​ | ​ | (55) | ​ | ​ | 68 | ​ | ​ | 634
Total consumer | ​ | ​ | 8,308 | ​ | ​ | (259) | ​ | ​ | (55) | ​ | ​ | 282 | ​ | ​ | 8,276
Unallocated | ​ | ​ | 1,180 | ​ | ​ | (128) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,052
Total | ​ | $ | 31,572 | ​ | $ | — | ​ | $ | (719) | ​ | $ | 520 | ​ | $ | 31,373
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, 2021
​ | ​ | Beginning | ​ | Provision for | ​ | Loan | ​ | Loan | ​ | Ending
(dollars in thousands) |  | Balance |  | Loan Losses |  | Charge-offs |  | Recoveries |  | Balance
Commercial | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 10,487 | ​ | $ | (869) | ​ | $ | (273) | ​ | $ | 275 | ​ | $ | 9,620
Real estate construction | ​ | ​ | 598 | ​ |  | (11) | ​ |  | — | ​ |  | — | ​ | ​ | 587
Commercial real estate | ​ | ​ | 13,849 | ​ |  | (913) | ​ |  | — | ​ |  | 1 | ​ | ​ | 12,937
Total commercial | ​ | ​ | 24,934 | ​ |  | (1,793) | ​ |  | (273) | ​ |  | 276 | ​ | ​ | 23,144
Consumer | ​ | ​ | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​
Residential real estate first mortgage | ​ | ​ | 6,047 | ​ |  | 129 | ​ |  | — | ​ |  | — | ​ | ​ | 6,176
Residential real estate junior lien | ​ | ​ | 1,288 | ​ |  | 99 | ​ |  | — | ​ |  | 14 | ​ | ​ | 1,401
Other revolving and installment | ​ | ​ | 666 | ​ |  | (81) | ​ |  | (49) | ​ |  | 38 | ​ | ​ | 574
Total consumer | ​ | ​ | 8,001 | ​ | ​ | 147 | ​ | ​ | (49) | ​ | ​ | 52 | ​ | ​ | 8,151
Unallocated | ​ | ​ | 823 | ​ |  | 1,646 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 2,469
Total | ​ | $ | 33,758 | ​ | $ | — | ​ | $ | (322) | ​ | $ | 328 | ​ | $ | 33,764
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six months ended June 30, 2021
​ | ​ | Beginning | ​ | Provision for | ​ | Loan | ​ | Loan | ​ | Ending
(dollars in thousands) |  | Balance |  | Loan Losses |  | Charge-offs |  | Recoveries |  | Balance
Commercial | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | $ | 10,205 | ​ | $ | (553) | ​ | $ | (477) | ​ | $ | 445 | ​ | $ | 9,620
Real estate construction | ​ |  | 658 | ​ |  | (71) | ​ |  | — | ​ |  | — | ​ |  | 587
Commercial real estate | ​ |  | 14,105 | ​ |  | (636) | ​ |  | (536) | ​ |  | 4 | ​ |  | 12,937
Total commercial | ​ |  | 24,968 | ​ |  | (1,260) | ​ |  | (1,013) | ​ |  | 449 | ​ |  | 23,144
Consumer | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential real estate first mortgage | ​ |  | 5,774 | ​ |  | 402 | ​ |  | — | ​ |  | — | ​ |  | 6,176
Residential real estate junior lien | ​ |  | 1,373 | ​ |  | (69) | ​ |  | — | ​ | ​ | 97 | ​ |  | 1,401
Other revolving and installment | ​ |  | 753 | ​ |  | (164) | ​ |  | (93) | ​ |  | 78 | ​ |  | 574
Total consumer | ​ |  | 7,900 | ​ |  | 169 | ​ |  | (93) | ​ |  | 175 | ​ |  | 8,151
Unallocated | ​ |  | 1,378 | ​ |  | 1,091 | ​ |  | — | ​ |  | — | ​ |  | 2,469
Total | ​ | $ | 34,246 | ​ | $ | — | ​ | $ | (1,106) | ​ | $ | 624 | ​ | $ | 33,764
​ The following tables present the recorded investment in loans and related allowance for loan losses, by loan portfolio segment, disaggregated on the basis of the Company’s impairment methodology, as of June 30, 2022 and December 31, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2022
​ | ​ | Recorded Investment | ​ | Allowance for Loan Losses
​ | ​ | Individually | ​ | Collectively | ​ | ​ | ​ | ​ | Individually | ​ | Collectively | ​ | ​ | ​
(dollars in thousands) |  | Evaluated |  | Evaluated |  | Total |  | Evaluated |  | Evaluated |  | Total
Commercial | ​ | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 1,769 | ​ | $ | 482,657 | ​ | $ | 484,426 | ​ | $ | 828 | ​ | $ | 9,505 | ​ | $ | 10,333
Real estate construction | ​ |  | — | ​ |  | 48,870 | ​ |  | 48,870 | ​ | ​ | — | ​ | ​ | 878 | ​ | ​ | 878
Commercial real estate | ​ |  | 803 | ​ |  | 598,934 | ​ |  | 599,737 | ​ | ​ | 3 | ​ | ​ | 10,831 | ​ | ​ | 10,834
Total commercial | ​ |  | 2,572 | ​ |  | 1,130,461 | ​ |  | 1,133,033 | ​ | ​ | 831 | ​ | ​ | 21,214 | ​ | ​ | 22,045
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ |  | 1,873 | ​ |  | 566,698 | ​ |  | 568,571 | ​ | ​ | — | ​ | ​ | 6,175 | ​ | ​ | 6,175
Residential real estate junior lien | ​ |  | 193 | ​ |  | 135,062 | ​ |  | 135,255 | ​ | ​ | — | ​ | ​ | 1,467 | ​ | ​ | 1,467
Other revolving and installment | ​ |  | 74 | ​ |  | 53,310 | ​ |  | 53,384 | ​ | ​ | 27 | ​ | ​ | 607 | ​ | ​ | 634
Total consumer | ​ |  | 2,140 | ​ |  | 755,070 | ​ |  | 757,210 | ​ | ​ | 27 | ​ | ​ | 8,249 | ​ | ​ | 8,276
Unallocated | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,052
Total loans | ​ | $ | 4,712 | ​ | $ | 1,885,531 | ​ | $ | 1,890,243 | ​ | $ | 858 | ​ | $ | 29,463 | ​ | $ | 31,373
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2021
​ | ​ | Recorded Investment | ​ | Allowance for Loan Losses
​ | ​ | Individually | ​ | Collectively | ​ | ​ | ​ | ​ | Individually | ​ | Collectively | ​ | ​ | ​
(dollars in thousands) |  | Evaluated |  | Evaluated |  | Total |  | Evaluated |  | Evaluated |  | Total
Commercial | ​ | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 1,831 | ​ | $ | 434,930 | ​ | $ | 436,761 | ​ | $ | 278 | ​ | $ | 8,647 | ​ | $ | 8,925
Real estate construction | ​ |  | — | ​ |  | 40,619 | ​ |  | 40,619 | ​ | ​ | — | ​ | ​ | 783 | ​ | ​ | 783
Commercial real estate | ​ |  | 809 | ​ |  | 598,084 | ​ |  | 598,893 | ​ | ​ | 5 | ​ | ​ | 12,371 | ​ | ​ | 12,376
Total commercial | ​ |  | 2,640 | ​ |  | 1,073,633 | ​ |  | 1,076,273 | ​ | ​ | 283 | ​ | ​ | 21,801 | ​ | ​ | 22,084
Consumer | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential real estate first mortgage | ​ |  | 21 | ​ |  | 510,695 | ​ |  | 510,716 | ​ | ​ | — | ​ | ​ | 6,532 | ​ | ​ | 6,532
Residential real estate junior lien | ​ |  | 91 | ​ | ​ | 125,577 | ​ |  | 125,668 | ​ | ​ | — | ​ | ​ | 1,295 | ​ | ​ | 1,295
Other revolving and installment | ​ |  | — | ​ |  | 45,363 | ​ |  | 45,363 | ​ | ​ | — | ​ | ​ | 481 | ​ | ​ | 481
Total consumer | ​ |  | 112 | ​ |  | 681,635 | ​ |  | 681,747 | ​ | ​ | — | ​ | ​ | 8,308 | ​ | ​ | 8,308
Unallocated | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,180
Total loans | ​ | $ | 2,752 | ​ | $ | 1,755,268 | ​ | $ | 1,758,020 | ​ | $ | 283 | ​ | $ | 30,109 | ​ | $ | 31,572
​ The tables below summarize key information on impaired loans. These impaired loans may have estimated losses which are included in the allowance for loan losses. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2022 |  | December 31, 2021
​ | ​ | Recorded | ​ | Unpaid | ​ | Related |  | Recorded | ​ | Unpaid | ​ | Related
(dollars in thousands) |  | Investment |  | Principal |  | Allowance |  | Investment |  | Principal |  | Allowance
Impaired loans with a valuation allowance | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 1,008 | ​ | $ | 1,036 | ​ | $ | 828 | ​ | $ | 445 | ​ | $ | 464 | ​ | $ | 278
Commercial real estate | ​ |  | 174 | ​ |  | 195 | ​ |  | 3 | ​ |  | 180 | ​ |  | 203 | ​ |  | 5
Residential real estate junior lien | ​ |  | — | ​ |  | — | ​ | ​ | — | ​ | ​ | — | ​ |  | — | ​ | ​ | —
Other revolving and installment | ​ |  | 74 | ​ |  | 74 | ​ |  | 27 | ​ | ​ | — | ​ |  | — | ​ |  | —
Total impaired loans with a valuation allowance | ​ | ​ | 1,256 | ​ | ​ | 1,305 | ​ | ​ | 858 | ​ | ​ | 625 | ​ | ​ | 667 | ​ | ​ | 283
Impaired loans without a valuation allowance |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | ​ | 761 | ​ | ​ | 873 | ​ | ​ | — | ​ | ​ | 1,386 | ​ | ​ | 1,575 | ​ | ​ | —
Commercial real estate | ​ |  | 629 | ​ | ​ | 684 | ​ |  | — | ​ | ​ | 629 | ​ |  | 684 | ​ |  | —
Residential real estate first mortgage | ​ |  | 1,873 | ​ |  | 1,910 | ​ |  | — | ​ | ​ | 21 | ​ |  | 24 | ​ |  | —
Residential real estate junior lien | ​ |  | 193 | ​ |  | 226 | ​ |  | — | ​ | ​ | 91 | ​ |  | 120 | ​ |  | —
Other revolving and installment | ​ |  | — | ​ |  | — | ​ |  | — | ​ | ​ | — | ​ |  | — | ​ |  | —
Total impaired loans without a valuation allowance | ​ | ​ | 3,456 | ​ | ​ | 3,693 | ​ | ​ | — | ​ | ​ | 2,127 | ​ | ​ | 2,403 | ​ | ​ | —
Total impaired loans | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | ​ | 1,769 | ​ | ​ | 1,909 | ​ | ​ | 828 | ​ | ​ | 1,831 | ​ | ​ | 2,039 | ​ | ​ | 278
Commercial real estate | ​ |  | 803 | ​ |  | 879 | ​ |  | 3 | ​ |  | 809 | ​ |  | 887 | ​ |  | 5
Residential real estate first mortgage | ​ | ​ | 1,873 | ​ | ​ | 1,910 | ​ | ​ | — | ​ | ​ | 21 | ​ | ​ | 24 | ​ | ​ | —
Residential real estate junior lien | ​ |  | 193 | ​ |  | 226 | ​ |  | — | ​ |  | 91 | ​ |  | 120 | ​ |  | —
Other revolving and installment | ​ |  | 74 | ​ |  | 74 | ​ |  | 27 | ​ |  | — | ​ |  | — | ​ |  | —
Total impaired loans | ​ | $ | 4,712 | ​ | $ | 4,998 | ​ | $ | 858 | ​ | $ | 2,752 | ​ | $ | 3,070 | ​ | $ | 283
​ The table below presents the average recorded investment in impaired loans and interest income for the three and six months ended June 30, 2022 and 2021:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30,
​ | ​ | 2022 | ​ | 2021
​ | ​ | Average | ​ | ​ | ​ | ​ | Average | ​ | ​ | ​
​ | ​ | Recorded | ​ | Interest | ​ | Recorded | ​ | Interest
(dollars in thousands) |  | Investment |  | Income |  | Investment |  | Income
Impaired loans with a valuation allowance | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | $ | 1,018 | ​ | $ | 2 | ​ | $ | 1,548 | ​ | $ | 3
Commercial real estate | ​ | ​ | 176 | ​ | ​ | 2 | ​ | ​ | 188 | ​ | ​ | 2
Residential real estate first mortgage | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Residential real estate junior lien | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 27 | ​ | ​ | —
Other revolving and installment | ​ | ​ | 75 | ​ | ​ | — | ​ | ​ | 13 | ​ | ​ | —
Total impaired loans with a valuation allowance | ​ | ​ | 1,269 | ​ | ​ | 4 | ​ | ​ | 1,776 | ​ | ​ | 5
Impaired loans without a valuation allowance |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | ​ | 761 | ​ | ​ | — | ​ | ​ | 1,174 | ​ | ​ | 5
Commercial real estate | ​ | ​ | 629 | ​ | ​ | — | ​ | ​ | 4,472 | ​ | ​ | —
Residential real estate first mortgage | ​ | ​ | 1,962 | ​ | ​ | — | ​ | ​ | 23 | ​ | ​ | —
Residential real estate junior lien | ​ | ​ | 196 | ​ | ​ | — | ​ | ​ | 302 | ​ | ​ | —
Other revolving and installment | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total impaired loans without a valuation allowance | ​ | ​ | 3,548 | ​ | ​ | — | ​ | ​ | 5,971 | ​ | ​ | 5
Total impaired loans | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial and industrial | ​ | ​ | 1,779 | ​ | ​ | 2 | ​ | ​ | 2,722 | ​ | ​ | 8
Commercial real estate | ​ | ​ | 805 | ​ | ​ | 2 | ​ | ​ | 4,660 | ​ | ​ | 2
Residential real estate first mortgage | ​ | ​ | 1,962 | ​ | ​ | — | ​ | ​ | 23 | ​ | ​ | —
Residential real estate junior lien | ​ | ​ | 196 | ​ | ​ | — | ​ | ​ | 329 | ​ | ​ | —
Other revolving and installment | ​ | ​ | 75 | ​ | ​ | — | ​ | ​ | 13 | ​ | ​ | —
Total impaired loans | ​ | $ | 4,817 | ​ | $ | 4 | ​ | $ | 7,747 | ​ | $ | 10
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended June 30,
​ | ​ | 2022 | ​ | 2021
​ | ​ | Average | ​ | ​ | ​ | ​ | Average | ​ | ​ | ​
​ | ​ | Recorded | ​ | Interest | ​ | Recorded | ​ | Interest
(dollars in thousands) |  | Investment |  | Income |  | Investment |  | Income
Impaired loans with a valuation allowance | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | $ | 1,156 | ​ | $ | 6 | ​ | $ | 1,637 | ​ | $ | 6
Commercial real estate | ​ |  | 177 | ​ |  | 3 | ​ |  | 190 | ​ |  | 4
Residential real estate junior lien | ​ |  | — | ​ |  | — | ​ |  | 30 | ​ |  | —
Other revolving and installment | ​ |  | 157 | ​ |  | — | ​ |  | 14 | ​ |  | —
Total impaired loans with a valuation allowance | ​ | ​ | 1,490 | ​ | ​ | 9 | ​ | ​ | 1,871 | ​ | ​ | 10
Impaired loans without a valuation allowance | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial and industrial | ​ | ​ | 761 | ​ | ​ | — | ​ | ​ | 1,187 | ​ | ​ | 11
Commercial real estate | ​ |  | 629 | ​ |  | — | ​ |  | 4,662 | ​ |  | —
Residential real estate first mortgage | ​ |  | 1,953 | ​ |  | — | ​ |  | 24 | ​ |  | —
Residential real estate junior lien | ​ |  | 198 | ​ |  | — | ​ |  | 303 | ​ | ​ | —
Other revolving and installment | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Total impaired loans without a valuation allowance | ​ | ​ | 3,541 | ​ | ​ | — | ​ | ​ | 6,176 | ​ | ​ | 11
Total impaired loans | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial and industrial | ​ | ​ | 1,917 | ​ | ​ | 6 | ​ | ​ | 2,824 | ​ | ​ | 17
Commercial real estate | ​ |  | 806 | ​ |  | 3 | ​ |  | 4,852 | ​ |  | 4
Residential real estate first mortgage | ​ |  | 1,953 | ​ |  | — | ​ |  | 24 | ​ |  | —
Residential real estate junior lien | ​ |  | 198 | ​ |  | — | ​ |  | 333 | ​ |  | —
Other revolving and installment | ​ |  | 157 | ​ |  | — | ​ |  | 14 | ​ |  | —
Total impaired loans | ​ | $ | 5,031 | ​ | $ | 9 | ​ | $ | 8,047 | ​ | $ | 21
​ Loans with a carrying value of $1.3 billion as of June 30, 2022 and $1.2 billion as of December 31, 2021, were pledged to secure public deposits, and for other purposes required or permitted by law. Under certain circumstances, the Company will provide borrowers relief through loan restructurings. A restructuring of debt constitutes a troubled debt restructuring, or TDR, if the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. TDR concessions can include a reduction of interest rates, an extension of maturity dates, forgiveness of principal or interest due, or acceptance of other assets in full or partial satisfaction of the debt. During the second quarter of 2022, there were no loans modified as a TDR. During the second quarter of 2021, there were 3 loans modified as TDRs as a result of changing the terms allowing for the interest rate reductions and an extension of the maturity dates. As of June 30, 2021, the carrying value of the restructured loans was $795 thousand. The loans are not currently performing in compliance with the modified terms and were placed on nonaccrual. There was no specific reserve for loan losses allocated to the loans modified as TDRs. The Company does not have material commitments to lend additional funds to borrowers with loans whose terms have been modified in TDRs or whose loans are on nonaccrual

X
- References No definition available. + Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableGrossAllowanceAndNetAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration