XML 52 R23.htm IDEA: XBRL DOCUMENT v3.19.3

Loans, net and allowance for loan losses (Tables)

9 Months Ended

Sep. 30, 2019

Loans, net and allowance for loan losses

Schedule of major classifications of loans outstanding

			September 30, 2019			December 31, 2018
Commercial		$	497,985		$	494,134
Real estate:
Commercial			976,258			907,803
Residential			299,209			299,876
Consumer			107,638			121,453
Total		$	1,881,090		$	1,823,266

Schedule of changes in allowance for loan losses account by major classification of loans

The changes in the allowance for loan losses account by major classification of loan for the three and nine months ended September 30, 2019 and 2018 are summarized as follows:

					Real estate
September 30, 2019		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance July 1, 2019		$	6,142		$	11,042		$	3,615		$	1,131		$	21,930
Charge-offs			(26)			(34)			(104)			(144)			(308)
Recoveries			12						11			47			70
Provisions			(205)			762			34			109			700
Ending balance		$	5,923		$	11,770		$	3,556		$	1,143		$	22,392
					Real estate
September 30, 2018		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance July 1, 2018		$	5,191		$	10,058		$	3,156		$	1,168		$	19,573
Charge-offs			(148)			(63)						(117)			(328)
Recoveries			12			26			13			67			118
Provisions			414			421			153			62			1,050
Ending balance		$	5,469		$	10,442		$	3,322		$	1,180		$	20,413

					Real estate
September 30, 2019		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance January 1, 2019		$	5,516		$	10,736		$	3,892			1,235			21,379
Charge-offs			(113)			(383)			(406)			(356)			(1,258)
Recoveries			22						27			122			171
Provisions			498			1,417			43			142			2,100
Ending balance		$	5,923		$	11,770		$	3,556		$	1,143		$	22,392
					Real estate
September 30, 2018		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance January 1, 2018		$	5,513		$	8,944		$	3,111		$	1,392		$	18,960
Charge-offs			(150)			(1,232)			(381)			(389)			(2,152)
Recoveries			128			83			80			164			455
Provisions			(22)			2,647			512			13			3,150
Ending balance		$	5,469		$	10,442		$	3,322		$	1,180		$	20,413

The allocation of the allowance for loan losses and the related loans by major classifications of loans at September 30, 2019 and December 31, 2018 is summarized as follows:

					Real estate
September 30, 2019		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	5,923		$	11,770		$	3,556		$	1,143		$	22,392
Ending balance: individually evaluated for impairment			394			225			196						815
Ending balance: collectively evaluated for impairment		$	5,529		$	11,545		$	3,360		$	1,143		$	21,577
Loans receivable:
Ending balance		$	497,985		$	976,258		$	299,209		$	107,638		$	1,881,090
Ending balance: individually evaluated for impairment			4,772			3,603			2,450			262			11,087
Ending balance: collectively evaluated for impairment		$	493,213		$	972,655		$	296,759		$	107,376		$	1,870,003

					Real estate
December 31, 2018		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	5,516		$	10,736		$	3,892		$	1,235		$	21,379
Ending balance: individually evaluated for impairment			50			403			666			60			1,179
Ending balance: collectively evaluated for impairment		$	5,466		$	10,333		$	3,226		$	1,175		$	20,200
Loans receivable:
Ending balance		$	494,134		$	907,803		$	299,876		$	121,453		$	1,823,266
Ending balance: individually evaluated for impairment			2,237			3,121			4,071			212			9,641
Ending balance: collectively evaluated for impairment		$	491,897		$	904,682		$	295,805		$	121,241		$	1,813,625

Schedule of major classification of loans portfolio summarized by credit quality

					Special
September 30, 2019		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	488,395		$	1,971		$	7,619		$			$	497,985
Real estate:
Commercial			948,854			2,644			24,760						976,258
Residential			296,565						2,644						299,209
Consumer			107,354						284						107,638
Total		$	1,841,168		$	4,615		$	35,307		$			$	1,881,090

					Special
December 31, 2018		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	491,531		$	869		$	1,734		$			$	494,134
Real estate:
Commercial			886,849			8,934			12,020						907,803
Residential			295,758			357			3,761						299,876
Consumer			121,229						224						121,453
Total		$	1,795,367		$	10,160		$	17,739		$			$	1,823,266

Schedule of information concerning nonaccrual loans by major loan classification

			September 30, 2019			December 31, 2018
Commercial		$	3,343		$	776
Real estate:
Commercial			3,246			2,663
Residential			1,548			2,580
Consumer			262			212
Total		$	8,399		$	6,231

Schedule of major classifications of loans by past due status

								Greater												Loans > 90
		30-59 Days			60-89 Days			than 90			Total Past									Days and
September 30, 2019		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	9		$	25		$	3,396		$	3,430		$	494,555		$	497,985		$	53
Real estate:
Commercial			776			159			3,300			4,235			972,023			976,258			54
Residential			656			996			1,827			3,479			295,730			299,209			279
Consumer			435			146			262			843			106,795			107,638
Total		$	1,876		$	1,326		$	8,785		$	11,987		$	1,869,103		$	1,881,090		$	386

The Company classifies all nonaccrual loans in the greater than 90 days category.

								Greater												Loans > 90
		30-59 Days			60-89 Days			than 90			Total Past									Days and
December 31, 2018		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	973		$	79		$	776		$	1,828		$	492,306		$	494,134
Real estate:
Commercial			1,889			218			2,736			4,843			902,960			907,803		$	73
Residential			2,486			1,545			3,430			7,461			292,415			299,876			850
Consumer			756			292			212			1,260			120,193			121,453
Total		$	6,104		$	2,134		$	7,154		$	15,392		$	1,807,874		$	1,823,266		$	923

Summarized information concerning impaired loans

											This Quarter						Year-to-Date
					Unpaid						Average			Interest			Average			Interest
		Recorded			Principal			Related			Recorded			Income			Recorded			Income
September 30, 2019		Investment			Balance			Allowance			Investment			Recognized			Investment			Recognized
With no related allowance:
Commercial		$	3,766		$	4,272					$	4,131		$	18		$	3,974		$	52
Real estate:
Commercial			2,981			3,219						2,969			8			2,501			31
Residential			1,644			1,974						1,132			6			1,273			17
Consumer			262			275						257						226
Total			8,653			9,740						8,489			32			7,974			100
With an allowance recorded:
Commercial			1,006			1,008			394			1,213			9			1,010			21
Real estate:
Commercial			622			1,103			225			766						1,030			10
Residential			806			813			196			1,234			8			1,651			26
Consumer																		20
Total			2,434			2,924			815			3,213			17			3,711			57
Total impaired loans
Commercial			4,772			5,280			394			5,344			27			4,984			73
Real estate:
Commercial			3,603			4,322			225			3,735			8			3,531			41
Residential			2,450			2,787			196			2,366			14			2,924			43
Consumer			262			275						257						246
Total		$	11,087		$	12,664		$	815		$	11,702		$	49		$	11,685		$	157

											For the Year Ended
					Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
December 31, 2018		Investment			Balance			Allowance			Investment			Recognized
With no related allowance:
Commercial		$	1,562		$	1,900					$	1,318		$	67
Real estate:
Commercial			1,969			2,299						2,822			28
Residential			1,970			2,658						2,193			22
Consumer			152			160						135
Total			5,653			7,017						6,468			117
With an allowance recorded:
Commercial			675			675			50			1,006			30
Real estate:
Commercial			1,152			1,323			403			1,676			18
Residential			2,101			2,328			666			1,585			22
Consumer			60			60			60			21
Total			3,988			4,386			1,179			4,288			70
Total impaired loans
Commercial			2,237			2,575			50			2,324			97
Real estate:
Commercial			3,121			3,622			403			4,498			46
Residential			4,071			4,986			666			3,778			44
Consumer			212			220			60			156
Total		$	9,641		$	11,403		$	1,179		$	10,756		$	187

											This Quarter						Year-to-Date
					Unpaid						Average			Interest			Average			Interest
		Recorded			Principal			Related			Recorded			Income			Recorded			Income
September 30, 2018		Investment			Balance			Allowance			Investment			Recognized			Investment			Recognized
With no related allowance:
Commercial		$	1,356		$	1,538					$	1,269		$	17		$	1,257		$	50
Real estate:
Commercial			3,414			3,666						3,143			5			3,036			20
Residential			2,366			3,003						2,256			7			2,249			15
Consumer			142			149						101						131
Total			7,278			8,356						6,769			29			6,673			85
With an allowance recorded:
Commercial			939			1,086		$	93			1,020			7			1,089			23
Real estate:
Commercial			1,669			1,774			462			1,712			8			1,807			18
Residential			1,312			1,508			362			1,369			5			1,456			13
Consumer			14			14			14			9						11
Total			3,934			4,382			931			4,110			20			4,363			54
Total impaired loans
Commercial			2,295			2,624			93			2,289			24			2,346			73
Real estate:
Commercial			5,083			5,440			462			4,855			13			4,843			38
Residential			3,678			4,511			362			3,625			12			3,705			28
Consumer			156			163			14			110						142
Total		$	11,212		$	12,738		$	931		$	10,879		$	49		$	11,036		$	139

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

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=118936363&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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=119407570&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=118936363&loc=SL6953659-111524

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953401-111524

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI http://asc.fasb.org/extlink&oid=118955255&loc=SL82922355-210448

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivable on nonaccrual status.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919258-210447

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration