XML 48 R31.htm IDEA: XBRL DOCUMENT v3.20.4
LOANS (Tables)
12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Schedule of Loans

December 31, 2020

December 31, 2019

Business

Business

Activities

Acquired

Activities 

Acquired

(in thousands)

    

Loans

    

Loans

    

Total

    

Loans

    

Loans

    

Total

Commercial real estate:

 

  

 

  

 

  

 

  

 

  

 

  

Construction and land development

$

129,255

$

1,868

$

131,123

$

31,387

$

2,903

$

34,290

Other commercial real estate

 

765,862

 

187,396

 

953,258

 

666,051

 

230,320

 

896,371

Total commercial real estate

 

895,117

 

189,264

 

1,084,381

 

697,438

 

233,223

 

930,661

Commercial and industrial:

 

  

 

  

 

 

  

 

  

 

Commercial

 

315,005

 

45,683

 

360,688

 

239,692

 

59,072

 

298,764

Agricultural

 

16,797

 

153

 

16,950

 

20,018

 

206

 

20,224

Tax exempt

 

39,429

 

24,002

 

63,431

 

66,860

 

37,443

 

104,303

Total commercial and industrial

 

371,231

 

69,838

 

441,069

 

326,570

 

96,721

 

423,291

Total commercial loans

 

1,266,348

 

259,102

 

1,525,450

 

1,024,008

 

329,944

 

1,353,952

Residential real estate:

 

  

 

  

 

 

  

 

  

 

Residential mortgages

 

633,390

 

290,501

 

923,891

 

734,188

 

411,170

 

1,145,358

Total residential real estate

 

633,390

 

290,501

 

923,891

 

734,188

 

411,170

 

1,145,358

Consumer:

 

  

 

  

 

 

  

 

  

 

Home equity

 

55,092

 

47,372

 

102,464

 

59,368

 

63,033

 

122,401

Other consumer

 

9,924

 

1,156

 

11,080

 

11,167

 

1,715

 

12,882

Total consumer

 

65,016

 

48,528

 

113,544

 

70,535

 

64,748

 

135,283

Total loans

$

1,964,754

$

598,131

$

2,562,885

$

1,828,731

$

805,862

$

2,634,593

Summary of Unamortized Net Costs and Premiums in Business Activity Loans

(in thousands)

    

December 31, 2020

    

December 31, 2019

Unamortized net loan origination costs

$

5,157

$

3,603

Unamortized net premium on purchased loans

 

(85)

 

(134)

Total unamortized net costs and premiums

$

5,072

$

3,469

Schedule of Activity in the Accretable Yield for the Acquired Loan Portfolio that Falls Under the Review of ASC 310-30, Accounting for Certain Loans or Debt Securities Acquired in a Transfer

Twelve Months Ended December 31, 

(in thousands)

    

2020

    

2019

Balance at beginning of period

$

7,367

$

4,377

Acquisitions

4,391

Net reclassifications from (to) nonaccretable difference

 

1,146

 

541

Accretion

 

(2,957)

 

(1,942)

Balance at end of period

$

5,556

$

7,367

Summary of Past Due Loans

Business Activities Loans

90 Days or

Past Due >

    

30-59 Days

    

60-89 Days

    

 Greater 

    

Total Past

    

    

    

90 days and

(in thousands)

Past Due

Past Due

Past Due

Due

Current

Total Loans

Accruing

December 31, 2020

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Commercial real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Construction and land development

$

$

$

1

$

1

$

129,254

$

129,255

$

Other commercial real estate

 

454

 

464

 

850

 

1,768

 

764,094

 

765,862

 

Total commercial real estate

 

454

 

464

 

851

 

1,769

 

893,348

 

895,117

 

Commercial and industrial:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Commercial

 

5

 

310

 

157

 

472

 

314,533

 

315,005

 

Agricultural

 

7

 

 

36

 

43

 

16,754

 

16,797

 

Tax exempt

 

 

 

 

 

39,429

 

39,429

 

Total commercial and industrial

 

12

 

310

 

193

 

515

 

370,716

 

371,231

 

Total commercial loans

 

466

 

774

 

1,044

 

2,284

 

1,264,064

 

1,266,348

 

Residential real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgages

 

6,219

 

1,767

 

973

 

8,959

 

624,431

 

633,390

 

Total residential real estate

 

6,219

 

1,767

 

973

 

8,959

 

624,431

 

633,390

 

Consumer:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Home equity

 

95

 

137

 

170

 

402

 

54,690

 

55,092

 

3

Other consumer

 

20

 

 

2

 

22

 

9,902

 

9,924

 

Total consumer

 

115

 

137

 

172

 

424

 

64,592

 

65,016

 

3

Total loans

$

6,800

$

2,678

$

2,189

$

11,667

$

1,953,087

$

1,964,754

$

3

Acquired Loans

    

    

    

90 Days or 

    

    

Acquired

    

    

Past Due >

30-59 Days

60-89 Days

Greater

Total Past

Credit

90 days and

(in thousands)

Past Due

Past Due

 Past Due

Due

 

Impaired

Total Loans

 

Accruing

December 31, 2020

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Commercial real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Construction and land development

$

$

$

$

$

74

$

1,868

$

Other commercial real estate

 

2,360

 

105

 

695

 

3,160

 

6,359

 

187,396

 

Total commercial real estate

 

2,360

 

105

 

695

 

3,160

 

6,433

 

189,264

 

Commercial and industrial:

 

  

 

 

  

 

  

 

  

 

  

 

  

Commercial

 

184

 

 

131

 

315

 

870

 

45,683

 

Agricultural

 

 

 

 

 

153

 

153

 

Tax exempt

 

 

 

 

 

 

24,002

 

Total commercial and industrial

 

184

 

 

131

 

315

 

1,023

 

69,838

 

Total commercial loans

 

2,544

 

105

 

826

 

3,475

 

7,456

 

259,102

 

Residential real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

Residential mortgages

 

785

 

579

 

1,155

 

2,519

 

4,532

 

290,501

 

121

Total residential real estate

 

785

 

579

 

1,155

 

2,519

 

4,532

 

290,501

 

121

Consumer:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Home equity

 

971

 

486

 

101

 

1,558

 

659

 

47,372

 

Other consumer

 

 

 

 

 

39

 

1,156

 

Total consumer

 

971

 

486

 

101

 

1,558

 

698

 

48,528

 

Total loans

$

4,300

$

1,170

$

2,082

$

7,552

$

12,686

$

598,131

$

121

Business Activities Loans

90 Days or

Past Due >

    

30-59 Days

    

60-89 Days

    

 Greater 

    

Total Past

    

    

    

90 days and

(in thousands)

Past Due

Past Due

Past Due

Due

Current

Total Loans

Accruing

December 31, 2019

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Commercial real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Construction and land development

$

205

$

53

$

$

258

$

31,129

$

31,387

$

Other commercial real estate

 

40

 

1,534

 

1,810

 

3,384

 

662,667

 

666,051

 

Total commercial real estate

 

245

 

1,587

 

1,810

 

3,642

 

693,796

 

697,438

 

Commercial and industrial:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Commercial

 

452

 

50

 

894

 

1,396

 

238,296

 

239,692

 

Agricultural

 

62

 

34

 

96

 

192

 

19,826

 

20,018

 

Tax exempt

 

 

 

 

 

66,860

 

66,860

 

Total commercial and industrial

 

514

 

84

 

990

 

1,588

 

324,982

 

326,570

 

Total commercial loans

 

759

 

1,671

 

2,800

 

5,230

 

1,018,778

 

1,024,008

 

Residential real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgages

 

7,293

 

1,243

 

668

 

9,204

 

724,984

 

734,188

 

Total residential real estate

 

7,293

 

1,243

 

668

 

9,204

 

724,984

 

734,188

 

Consumer:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Home equity

 

597

 

43

 

429

 

1,069

 

58,299

 

59,368

 

50

Other consumer

 

36

 

12

 

 

48

 

11,119

 

11,167

 

Total consumer

 

633

 

55

 

429

 

1,117

 

69,418

 

70,535

 

50

Total loans

$

8,685

$

2,969

$

3,897

$

15,551

$

1,813,180

$

1,828,731

$

50

Acquired Loans

    

    

    

90 Days or

    

    

Acquired

    

    

Past Due >

30-59 Days

60-89 Days

 Greater

Total Past

Credit

90 days and

(in thousands)

Past Due

Past Due

 Past Due

Due

Impaired

Total Loans

Accruing

December 31, 2019

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Commercial real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Construction and land development

$

$

12

$

$

12

$

384

$

2,903

$

Other commercial real estate

 

2,029

 

245

 

231

 

2,505

 

8,289

 

230,320

 

Total commercial real estate

 

2,029

 

257

 

231

 

2,517

 

8,673

 

233,223

 

Commercial and industrial:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Commercial

 

440

 

335

 

140

 

915

 

2,723

 

59,072

 

Agricultural

 

 

 

 

 

173

 

206

 

Tax exempt

 

 

 

 

 

36

 

37,443

 

Total commercial and industrial

 

440

 

335

 

140

 

915

 

2,932

 

96,721

 

Total commercial loans

 

2,469

 

592

 

371

 

3,432

 

11,605

 

329,944

 

Residential real estate:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgages

 

3,185

 

864

 

1,015

 

5,064

 

5,591

 

411,170

 

Total residential real estate

 

3,185

 

864

 

1,015

 

5,064

 

5,591

 

411,170

 

Consumer:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Home equity

 

208

 

548

 

217

 

973

 

1,291

 

63,033

 

217

Other consumer

 

2

 

9

 

 

11

 

66

 

1,715

 

Total consumer

 

210

 

557

 

217

 

984

 

1,357

 

64,748

 

217

Total loans

$

5,864

$

2,013

$

1,603

$

9,480

$

18,553

$

805,862

$

217

Summary of Information Pertaining to Non-Accrual Loans

December 31, 2020

December 31, 2019

    

Business

    

    

    

Business

    

    

Activities  

Acquired

Activities

Acquired

(in thousands)

 

Loans

 

Loans

Total

 

  Loans

 

Loans

Total

Commercial real estate:

 

  

 

  

 

  

 

  

 

  

 

  

Construction and land development

$

190

$

$

190

$

258

$

$

258

Other commercial real estate

 

1,404

 

2,657

 

4,061

 

2,888

 

343

 

3,231

Total commercial real estate

 

1,594

 

2,657

 

4,251

 

3,146

 

343

 

3,489

Commercial and industrial:

 

  

 

  

 

  

 

  

 

  

 

  

Commercial

 

869

 

375

 

1,244

 

932

 

626

 

1,558

Agricultural

 

222

 

 

222

 

278

 

 

278

Tax exempt

 

 

 

 

 

 

Total commercial and industrial

 

1,091

 

375

 

1,466

 

1,210

 

626

 

1,836

Total commercial loans

 

2,685

 

3,032

 

5,717

 

4,356

 

969

 

5,325

Residential real estate:

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgages

 

3,301

 

2,428

 

5,729

 

3,362

 

1,973

 

5,335

Total residential real estate

 

3,301

 

2,428

 

5,729

 

3,362

 

1,973

 

5,335

Consumer:

 

  

 

  

 

  

 

  

 

  

 

  

Home equity

 

438

 

291

 

729

 

615

 

254

 

869

Other consumer

 

13

 

 

13

 

21

 

 

21

Total consumer

 

451

 

291

 

742

 

636

 

254

 

890

Total loans

$

6,437

$

5,751

$

12,188

$

8,354

$

3,196

$

11,550

Schedule of Loans Evaluated for Impairment

Business Activities Loans

Commercial

Commercial

Residential

(in thousands)

    

real estate

    

 and industrial

    

real estate

    

Consumer

    

Total

December 31, 2020

 

  

 

  

 

  

 

  

 

  

Balance at end of period

 

  

 

  

 

  

 

  

 

  

Individually evaluated for impairment

$

2,222

$

997

$

2,215

$

12

$

5,446

Collectively evaluated

 

892,895

 

370,234

 

631,175

 

65,004

 

1,959,308

Total

$

895,117

$

371,231

$

633,390

$

65,016

$

1,964,754

Acquired Loans

    

Commercial

    

Commercial

    

Residential

    

    

(in thousands)

real estate

 and industrial

real estate

Consumer

Total

December 31, 2020

 

  

 

  

 

  

 

  

 

  

Balance at end of period

 

  

 

  

 

  

 

  

 

  

Individually evaluated for impairment

$

2,338

$

294

$

668

$

$

3,300

Purchased credit impaired

 

6,433

 

1,023

 

4,532

 

698

 

12,686

Collectively evaluated

 

180,493

 

68,521

 

285,301

 

47,830

 

582,145

Total

$

189,264

$

69,838

$

290,501

$

48,528

$

598,131

Business Activities Loans

    

Commercial

    

Commercial

    

Residential

    

    

(in thousands)

real estate

 and industrial

real estate

Consumer

Total

December 31, 2019

 

  

 

  

 

  

 

  

 

  

Balance at end of period

 

  

 

  

 

  

 

  

 

  

Individually evaluated for impairment

$

3,964

$

1,353

$

2,620

$

13

$

7,950

Collectively evaluated

 

693,474

 

325,217

 

731,568

 

70,522

 

1,820,781

Total

$

697,438

$

326,570

$

734,188

$

70,535

$

1,828,731

Acquired Loans

    

Commercial

    

Commercial 

    

Residential

    

    

(in thousands)

real estate

and industrial

real estate

Consumer

Total

December 31, 2019

 

  

 

  

 

  

 

  

 

  

Balance at end of period

 

  

 

  

 

  

 

  

 

  

Individually evaluated for impairment

$

258

$

385

$

1,032

$

$

1,675

Purchased credit impaired

 

8,673

 

2,932

 

5,591

 

1,357

 

18,553

Collectively evaluated

 

224,292

 

93,404

 

404,547

 

63,391

 

785,634

Total

$

233,223

$

96,721

$

411,170

$

64,748

$

805,862

Summary of Impaired Loans

Business Activities Loans

December 31, 2020

    

Recorded 

    

Unpaid Principal

    

Related 

(in thousands)

 Investment

 

Balance

 Allowance

With no related allowance:

 

  

 

  

 

  

Construction and land development

$

$

$

Other commercial real estate

 

748

 

832

 

Commercial

 

851

 

958

 

Agricultural

 

146

 

150

 

Tax exempt loans

 

 

 

Residential real estate

 

612

 

701

 

Home equity

 

 

 

Other consumer

 

 

 

With an allowance recorded:

 

  

 

  

 

  

Construction and land development

189

199

139

Other commercial real estate

1,285

1,356

227

Commercial

Agricultural

Tax exempt loans

Residential real estate

1,603

1,663

67

Home equity

12

12

1

Other consumer

Total

  

  

  

Commercial real estate

2,222

2,387

366

Commercial and industrial

 

997

 

1,108

 

Residential real estate

 

2,215

 

2,364

 

67

Consumer

 

12

 

12

 

1

Total impaired loans

$

5,446

$

5,871

$

434

Acquired Loans

December 31, 2020

    

Recorded 

    

Unpaid Principal

    

Related

(in thousands)

 Investment

 

Balance

  Allowance

With no related allowance:

 

  

 

  

 

  

Construction and land development

$

$

$

Other commercial real estate

 

1,567

 

1,595

 

Commercial

 

229

 

332

 

Agricultural

 

 

 

Tax exempt loans

 

 

 

Residential real estate

 

423

 

465

 

Home equity

 

 

 

Other consumer

 

 

 

With an allowance recorded:

 

  

 

  

 

  

Construction and land development

Other commercial real estate

771

791

290

Commercial

65

67

5

Agricultural

Tax exempt loans

Residential real estate

245

334

1

Home equity

Other consumer

Total

  

  

  

Commercial real estate

2,338

2,386

290

Commercial and industrial

 

294

 

399

 

5

Residential real estate

 

668

 

799

 

1

Consumer

 

 

 

Total impaired loans

$

3,300

$

3,584

$

296

Business Activities Loans

December 31, 2019

    

Recorded 

    

Unpaid Principal

    

Related  

(in thousands)

 

 Investment

 

Balance

 

Allowance

With no related allowance:

 

  

 

  

 

  

Construction and land development

$

$

$

Other commercial real estate

 

1,911

 

1,957

 

Commercial

 

710

 

773

 

Agricultural

 

361

 

361

 

Tax exempt loans

 

 

 

Residential real estate

 

2,067

 

2,227

 

Home equity

 

 

 

Other consumer

 

 

 

With an allowance recorded:

 

  

 

  

 

  

Construction and land development

258

258

205

Other commercial real estate

1,795

1,940

1,026

Commercial

282

289

164

Agricultural

Tax exempt loans

Residential real estate

553

590

57

Home equity

13

13

Other consumer

Total

  

  

  

Commercial real estate

3,964

4,155

1,231

Commercial and industrial

 

1,353

 

1,423

164

Residential real estate

 

2,620

 

2,817

 

57

Consumer

 

13

 

13

 

Total impaired loans

$

7,950

$

8,408

$

1,452

Acquired Loans

December 31, 2019

    

Recorded  

    

Unpaid Principal

    

Related  

(in thousands)

 

Investment

 

Balance

 

Allowance

With no related allowance:

 

  

 

  

 

  

Construction and land development

$

$

$

Other commercial real estate

 

90

 

90

 

Commercial

 

385

 

481

 

Agricultural

 

 

 

Tax exempt

 

 

 

Residential mortgages

 

678

 

938

 

Home equity

 

 

 

Other consumer

 

 

 

With an allowance recorded:

 

  

 

  

 

  

Construction and land development

Other commercial real estate

168

168

12

Commercial

Agricultural

Tax exempt

Residential mortgages

354

376

49

Home equity

Other consumer

Total

  

  

  

Commercial real estate

258

258

12

Commercial and industrial

 

385

 

481

 

Residential real estate

 

1,032

 

1,314

 

49

Consumer

 

 

 

Total impaired loans

$

1,675

$

2,053

$

61

Summary of the Average Recorded Investment and Interest Income Recognized on Impaired Loans

Business Activities Loan

Year Ended December 31, 2020

Year Ended December 31, 2019

    

Average Recorded

    

Interest

    

Average Recorded

    

Interest

(in thousands)

 

Investment

 

Income Recognized

 

Investment

 

Income Recognized

With no related allowance:

 

  

 

  

 

  

 

  

Construction and land development

$

$

$

$

Other commercial real estate

 

392

 

 

5,434

 

55

Commercial

 

842

 

4

 

871

 

5

Agricultural

 

114

 

2

 

 

Tax exempt loans

 

 

 

 

Residential real estate

 

641

 

17

 

2,089

 

47

Home equity

 

 

 

 

Other consumer

 

 

 

 

With an allowance recorded:

 

  

 

  

 

  

 

  

Construction and land development

203

56

1

Other commercial real estate

1,295

14

1,737

Commercial

153

Agricultural

Tax exempt loans

Residential real estate

1,616

37

540

7

Home equity

12

1

13

Other consumer

Total

  

  

  

  

Commercial real estate

1,890

14

7,227

56

Commercial and industrial

 

956

6

1,024

 

5

Residential real estate

 

2,257

 

54

2,629

 

54

Consumer

 

12

 

1

13

 

Total impaired loans

$

5,115

$

75

$

10,893

$

115

Acquired Loans

Year Ended December 31, 2020

Year Ended December 31, 2019

    

Average Recorded

    

Interest

    

Average Recorded

    

Interest

(in thousands)

 

Investment

 

Income Recognized

 

Investment

 

Income Recognized

With no related allowance:

 

  

 

  

 

  

 

  

Construction and land development

$

$

$

$

Other commercial real estate

 

1,218

 

 

89

 

Commercial

 

298

 

 

429

 

Agricultural

 

 

 

 

Tax exempt loans

 

 

 

 

Residential real estate

 

436

 

 

652

 

Home equity

 

 

 

 

Other consumer

 

 

 

 

With an allowance recorded:

 

  

 

  

 

  

 

  

Construction and land development

Other commercial real estate

678

3

123

Commercial

73

Agricultural

Tax exempt loans

Residential real estate

249

361

Home equity

Other consumer

Total

  

  

  

  

Commercial real estate

1,896

3

212

Commercial and industrial

 

371

 

429

Residential real estate

 

685

 

1,013

 

Consumer

 

 

 

 

Total impaired loans

$

2,952

$

3

$

1,654

$

Schedule of Recorded Investment and Number of Modifications for TDRs

Year Ended December 31, 2020

Pre-Modification 

Post-Modification 

Number of 

Outstanding Recorded

Outstanding Recorded

Specific

(in thousands, except modifications)

    

Modifications

    

 Investment

    

 Investment

Reserve

Troubled Debt Restructurings

 

  

 

  

 

  

Other commercial real estate

 

1

$

54

$

244

$

24

Other commercial

 

6

 

229

 

239

Agricultural

1

86

86

Home equity

1

26

24

Other consumer

1

9

8

Total

 

10

$

404

$

601

$

24

Year Ended December 31, 2019

Pre-Modification 

Post-Modification 

Number of 

Outstanding Recorded

Outstanding Recorded

Specific

(in thousands, except modifications)

    

Modifications

    

 Investment

    

 Investment

Reserve

Troubled Debt Restructurings

 

  

 

  

 

  

Other commercial real estate

 

10

$

630

$

529

$

69

Other commercial

 

7

 

366

 

271

Agricultural

 

2

 

500

 

503

Residential mortgages

 

12

 

1,427

 

1,327

Total

 

31

$

2,923

$

2,630

$

69

Twelve Months Ended December 31, 2018

Pre-Modification 

Post-Modification 

Number of 

Outstanding Recorded

Outstanding Recorded

Specific

(in thousands, except modifications)

    

Modifications

    

 Investment

    

 Investment

Reserve

Troubled Debt Restructurings

 

  

 

  

 

  

Commercial construction and land development

1

$

1

$

1

$

1

Other commercial real estate

 

9

 

1,896

 

1,564

153

Other commercial

 

7

 

556

 

486

55

Agricultural

 

1

 

167

 

Residential mortgages

 

19

 

3,348

 

2,752

145

Home equity

 

1

 

100

 

100

Other consumer

 

3

 

13

 

11

Total

 

41

$

6,081

$

4,914

$

354

Summary of Loan Concessions

Year Ended December 31, 

2020

2019

2018

    

    

Post-Modification

    

    

Post-Modification

    

    

Post-Modification

Outstanding

outstanding

outstanding

Number of

Recorded

Number of

Recorded

Number of

Recorded

(in thousands, except modifications)

    

Modifications

     

Investment

    

Modifications

     

Investment

    

Modifications

     

Investment

Troubled Debt Restructurings

Interest only payments and maturity concession

 

$

2

$

73

1

$

16

Interest rate, forbearance and maturity concession

4

384

Amortization and maturity concession

 

 

4

 

273

1

 

286

Amortization, interest rate and maturity concession

5

539

Forbearance

 

 

5

 

346

3

 

271

Forbearance and interest only payments

1

24

7

692

6

121

Forbearance and interest rate concession

1

49

Forbearance and maturity concession

 

 

4

 

472

20

 

2,030

Maturity concession

 

5

 

193

 

2

 

440

Restructure without concession

5

1,419

Other

4

235

2

282

Total

 

10

$

601

31

$

2,630

41

$

4,914

Schedule of Loans to Related Parties

(in thousands)

    

December 31, 2020

December 31, 2019

Beginning balance

 

$

8,209

$

8,395

Changes in composition(1)

 

 

(302)

New loans

 

1,589

 

242

Less: repayments

 

(3,667)

 

(126)

Ending balance

$

6,131

$

8,209

(1)Adjustments to reflect changes in status of directors and officers for each year presented.
Schedule of Servicing Rights Activity

At or for the Twelve Months Ended December 31,

(in thousands)

    

2020

    

2019

Balance at beginning of year

$

3,001

$

3,086

Additions

 

1,152

 

160

Amortization

 

(800)

 

(245)

Balance at end of year

$

3,353

$

3,001