Loans (Tables)

12 Months Ended

Dec. 31, 2019

Loans And Leases Receivable Disclosure [Abstract]

The Company’s loan portfolio consisted of the following at December 31 (in thousands):

	Principal Amount Outstanding		Net Deferred Loan (Fees) Costs			Loans, Net
2019
Commercial business	$	571,222	$	818		$	572,040
Commercial mortgage		1,108,315		(2,032	)		1,106,283
Residential real estate loans		560,717		11,633			572,350
Residential real estate lines		101,048		3,070			104,118
Consumer indirect		822,179		27,873			850,052
Other consumer		15,984		160			16,144
Total	$	3,179,465	$	41,522			3,220,987
Allowance for loan losses							(30,482	)
Total loans, net						$	3,190,505

2018
Commercial business	$	557,040	$	821		$	557,861
Commercial mortgage		960,265		(2,071	)		958,194
Residential real estate loans		514,981		9,174			524,155
Residential real estate lines		106,712		3,006			109,718
Consumer indirect		888,732		31,185			919,917
Other consumer		16,590		163			16,753
Total	$	3,044,320	$	42,278			3,086,598
Allowance for loan losses							(33,914	)
Total loans, net						$	3,052,684

Recorded Investment By Loan Class In Current And Nonaccrual Loans

The Company’s recorded investment, by loan class, in current and nonaccrual loans, as well as an analysis of accruing delinquent loans is set forth as of December 31 (in thousands):

	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Nonaccrual		Current		Total Loans
2019
Commercial business	$	361	$	-	$	-	$	361	$	1,177	$	569,684	$	571,222
Commercial mortgage		531		-		-		531		3,146		1,104,638		1,108,315
Residential real estate loans		929		114		-		1,043		2,484		557,190		560,717
Residential real estate lines		231		37		-		268		102		100,678		101,048
Consumer indirect		3,729		1,019		-		4,748		1,725		815,706		822,179
Other consumer		116		8		6		130		-		15,854		15,984
Total loans, gross	$	5,897	$	1,178	$	6	$	7,081	$	8,634	$	3,163,750	$	3,179,465

2018
Commercial business	$	227	$	1	$	-	$	228	$	912	$	555,900	$	557,040
Commercial mortgage		574		-		-		574		1,586		958,105		960,265
Residential real estate loans		1,295		242		-		1,537		2,391		511,053		514,981
Residential real estate lines		102		-		-		102		255		106,355		106,712
Consumer indirect		2,424		698		-		3,122		1,989		883,621		888,732
Other consumer		139		3		8		150		-		16,440		16,590
Total loans, gross	$	4,761	$	944	$	8	$	5,713	$	7,133	$	3,031,474	$	3,044,320

Summary Of Impaired Loans

The following table presents the recorded investment, unpaid principal balance and related allowance of impaired loans as well as average recorded investment and interest income recognized on impaired loans at December 31 (in thousands):

	Recorded Investment ⁽¹⁾		Unpaid Principal Balance ⁽¹⁾		Related Allowance		Average Recorded Investment		Interest Income Recognized
2019
With no related allowance recorded:
Commercial business	$	563	$	775	$	-	$	411	$	-
Commercial mortgage		973		1,749		-		1,701		-
		1,536		2,524		-		2,112		-
With an allowance recorded:
Commercial business		614		614		214		1,207		-
Commercial mortgage		2,173		2,173		479		1,825		-
		2,787		2,787		693		3,032		-
	$	4,323	$	5,311	$	693	$	5,144	$	-

2018
With no related allowance recorded:
Commercial business	$	319	$	487	$	-	$	1,156	$	-
Commercial mortgage		2,013		2,789		-		692		-
		2,332		3,276		-		1,848		-
With an allowance recorded:
Commercial business		725		725		205		2,458		-
Commercial mortgage		21		21		1		1,936		-
		746		746		206		4,394		-
	$	3,078	$	4,022	$	206	$	6,242	$	-

⁽¹⁾	Difference between recorded investment and unpaid principal balance represents partial charge-offs.

Commercial Loan Portfolio Categorized By Internally Assigned Asset Classification

The following table sets forth the Company’s commercial loan portfolio, categorized by internally assigned asset classification, as of December 31 (in thousands):

	Commercial Business		Commercial Mortgage
2019
Uncriticized	$	544,406	$	1,098,133
Special mention		7,933		4,098
Substandard		18,883		6,084
Doubtful		-		-
Total	$	571,222	$	1,108,315

2018
Uncriticized	$	531,756	$	943,991
Special mention		16,499		10,633
Substandard		8,785		5,641
Doubtful		-		-
Total	$	557,040	$	960,265

Retail Loan Portfolio Categorized By Payment Status

The following table sets forth the Company’s retail loan portfolio, categorized by payment status, as of December 31 (in thousands):

	Residential Real Estate Loans		Residential Real Estate Lines		Consumer Indirect		Other Consumer
2019
Performing	$	558,233	$	100,946	$	820,454	$	15,978
Non-performing		2,484		102		1,725		6
Total	$	560,717	$	101,048	$	822,179	$	15,984

2018
Performing	$	512,590	$	106,457	$	886,743	$	16,582
Non-performing		2,391		255		1,989		8
Total	$	514,981	$	106,712	$	888,732	$	16,590

Changes In The Allowance For Loan Losses

The following tables set forth the changes in the allowance for loan losses for the years ended December 31 (in thousands):

	Commercial Business			Commercial Mortgage			Residential Real Estate Loans			Residential Real Estate Lines			Consumer Indirect			Other Consumer			Total
2019
Allowance for loan losses:
Beginning balance	$	14,312		$	5,219		$	1,112		$	210		$	12,572		$	489		$	33,914
Charge-offs		(2,481	)		(2,997	)		(340	)		(13	)		(10,810	)		(1,170	)		(17,811	)
Recoveries		492			17			43			6			5,390			387			6,335
Provision (credit)		(965	)		3,442			244			(85	)		4,700			708			8,044
Ending balance	$	11,358		$	5,681		$	1,059		$	118		$	11,852		$	414		$	30,482
Evaluated for impairment:
Individually	$	214		$	479		$	-		$	-		$	-		$	-		$	693
Collectively	$	11,144		$	5,202		$	1,059		$	118		$	11,852		$	414		$	29,789

Loans:
Ending balance	$	571,222		$	1,108,315		$	560,717		$	101,048		$	822,179		$	15,984		$	3,179,465
Evaluated for impairment:
Individually	$	1,177		$	3,146		$	-		$	-		$	-		$	-		$	4,323
Collectively	$	570,045		$	1,105,169		$	560,717		$	101,048		$	822,179		$	15,984		$	3,175,142

2018
Allowance for loan losses:
Beginning balance	$	15,668		$	3,696		$	1,322		$	180		$	13,415		$	391		$	34,672
Charge-offs		(2,319	)		(1,020	)		(95	)		(142	)		(10,850	)		(1,308	)		(15,734	)
Recoveries		509			13			159			20			5,024			317			6,042
Provision (credit)		454			2,530			(274	)		152			4,983			1,089			8,934
Ending balance	$	14,312		$	5,219		$	1,112		$	210		$	12,572		$	489		$	33,914
Evaluated for impairment:
Individually	$	205		$	1		$	-		$	-		$	-		$	-		$	206
Collectively	$	14,107		$	5,218		$	1,112		$	210		$	12,572		$	489		$	33,708

Loans:
Ending balance	$	557,040		$	960,265		$	514,981		$	106,712		$	888,732		$	16,590		$	3,044,320
Evaluated for impairment:
Individually	$	1,044		$	2,034		$	-		$	-		$	-		$	-		$	3,078
Collectively	$	555,996		$	958,231		$	514,981		$	106,712		$	888,732		$	16,590		$	3,041,242

	Commercial Business			Commercial Mortgage			Residential Mortgage			Home Equity			Consumer Indirect			Other Consumer			Total
2017
Allowance for loan losses:
Beginning balance	$	7,225		$	10,315		$	1,478		$	303		$	11,311		$	302		$	30,934
Charge-offs		(3,614	)		(10	)		(431	)		(106	)		(10,164	)		(926	)		(15,251	)
Recoveries		416			262			130			60			4,444			316			5,628
Provision		11,641			(6,871	)		145			(77	)		7,824			699			13,361
Ending balance	$	15,668		$	3,696		$	1,322		$	180		$	13,415		$	391		$	34,672
Evaluated for impairment:
Individually	$	2,001		$	107		$	-		$	-		$	-		$	-		$	2,108
Collectively	$	13,667		$	3,589		$	1,322		$	180		$	13,415		$	391		$	32,564

Loans:
Ending balance	$	449,763		$	810,851		$	457,761		$	113,422		$	845,682		$	17,443		$	2,694,922
Evaluated for impairment:
Individually	$	5,322		$	2,852		$	-		$	-		$	-		$	-		$	8,174
Collectively	$	444,441		$	807,999		$	457,761		$	113,422		$	845,682		$	17,443		$	2,686,748