XML 35 R25.htm IDEA: XBRL DOCUMENT

Loans, net and allowance for loan losses (Tables)

3 Months Ended

Mar. 31, 2021

Loans, net and allowance for loan losses

Schedule of major classifications of loans outstanding


			March 31, 2021			December 31, 2020
Commercial		$	677,090		$	679,286
Real estate:
Commercial			1,150,567			1,137,990
Residential			273,226			277,414
Consumer			78,651			83,292
Total		$	2,179,534		$	2,177,982

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


					Real estate
March 31, 2021		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance January 1, 2021		$	8,734		$	14,559		$	3,129		$	922		$	27,344
Charge-offs			(15)			(96)			(22)			(62)			(195)
Recoveries			61			58			1			14			134
Provisions (credits)			(565)			182			(114)			(3)			(500)
Ending balance		$	8,215		$	14,703		$	2,994		$	871		$	26,783

					Real estate
March 31, 2020		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance January 1, 2020		$	6,888		$	11,496		$	3,226		$	1,067		$	22,677
Charge-offs			(650)						(54)			(94)			(798)
Recoveries			267						10			30			307
Provisions			1,464			1,511			442			83			3,500
Ending balance		$	7,969		$	13,007		$	3,624		$	1,086		$	25,686


					Real estate
March 31, 2021		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	8,215		$	14,703		$	2,994		$	871		$	26,783
Ending balance: individually evaluated for impairment			697			108			64						869
Ending balance: collectively evaluated for impairment		$	7,518		$	14,595		$	2,930		$	871		$	25,914
Loans receivable:
Ending balance		$	677,090		$	1,150,567		$	273,226		$	78,651		$	2,179,534
Ending balance: individually evaluated for impairment			2,651			3,990			1,543			94			8,278
Ending balance: collectively evaluated for impairment		$	674,439		$	1,146,577		$	271,683		$	78,557		$	2,171,256



					Real estate
December 31, 2020		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	8,734		$	14,559		$	3,129		$	922		$	27,344
Ending balance: individually evaluated for impairment			947			180			75						1,202
Ending balance: collectively evaluated for impairment		$	7,787		$	14,379		$	3,054		$	922		$	26,142
Loans receivable:
Ending balance		$	679,286		$	1,137,990		$	277,414		$	83,292		$	2,177,982
Ending balance: individually evaluated for impairment			4,297			3,952			1,546			111			9,906
Ending balance: collectively evaluated for impairment		$	674,989		$	1,134,038		$	275,868		$	83,181		$	2,168,076

Schedule of major classification of loans portfolio summarized by credit quality


					Special
March 31, 2021		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	660,558		$	13,728		$	2,804		$			$	677,090
Real estate:
Commercial			1,123,315			17,615			9,637						1,150,567
Residential			269,856			619			2,751						273,226
Consumer			78,556						95						78,651
Total		$	2,132,285		$	31,962		$	15,287		$			$	2,179,534


					Special
December 31, 2020		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	660,559		$	14,305		$	4,422		$			$	679,286
Real estate:
Commercial			1,107,699			17,517			12,774						1,137,990
Residential			274,327			144			2,943						277,414
Consumer			83,215						77						83,292
Total		$	2,125,800		$	31,966		$	20,216		$			$	2,177,982

Schedule of information concerning nonaccrual loans by major loan classification


			March 31, 2021			December 31, 2020
Commercial		$	2,198		$	3,822
Real estate:
Commercial			3,311			3,262
Residential			825			922
Consumer			94			111
Total		$	6,428		$	8,117

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
March 31, 2021		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	150					$	2,198		$	2,348		$	674,742		$	677,090
Real estate:
Commercial			343		$	57			3,311			3,711			1,146,856			1,150,567
Residential			1,444						996			2,440			270,786			273,226		$	171
Consumer			151			37			94			282			78,369			78,651
Total		$	2,088		$	94		$	6,599		$	8,781		$	2,170,753		$	2,179,534		$	171

Improved credit quality resulted in lower levels of past due loans from year end. The addition of one residential mortgage resulted in the increase to loans greater than 90 days and accruing.


								Greater												Loans > 90
		30-59 Days			60-89 Days			than 90			Total Past									Days and
December 31, 2020		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	73					$	3,822		$	3,895		$	675,391		$	679,286
Real estate:
Commercial			344		$	134			3,262			3,740			1,134,250			1,137,990
Residential			2,072			480			993			3,545			273,869			277,414		$	71
Consumer			374			63			111			548			82,744			83,292
Total		$	2,863		$	677		$	8,188		$	11,728		$	2,166,254		$	2,177,982		$	71

Summarized information concerning impaired loans


											For the Quarter Ended
					Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
March 31, 2021		Investment			Balance			Allowance			Investment			Recognized
With no related allowance:
Commercial		$	673		$	1,108					$	1,462		$	4
Real estate:
Commercial			3,280			4,051						2,826			6
Residential			1,121			1,241						1,104			6
Consumer			94			105						103
Total			5,168			6,505						5,495			16
With an allowance recorded:
Commercial			1,978			2,041			697			2,012			5
Real estate:
Commercial			710			796			108			1,145			4
Residential			422			457			64			441			4
Consumer
Total			3,110			3,294			869			3,598			13
Total impaired loans
Commercial			2,651			3,149			697			3,474			9
Real estate:
Commercial			3,990			4,847			108			3,971			10
Residential			1,543			1,698			64			1,545			10
Consumer			94			105						103
Total		$	8,278		$	9,799		$	869		$	9,093		$	29


											For the Year Ended
					Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
December 31, 2020		Investment			Balance			Allowance			Investment			Recognized
With no related allowance:
Commercial		$	2,251		$	3,421					$	2,915		$	30
Real estate:
Commercial			2,372			2,964						2,148			28
Residential			1,086			1,263						1,223			21
Consumer			111			121						167
Total			5,820			7,769						6,453			79
With an allowance recorded:
Commercial			2,046			2,094			947			2,038			17
Real estate:
Commercial			1,580			1,710			180			1,687			36
Residential			460			482			75			624			13
Consumer
Total			4,086			4,286			1,202			4,349			66
Total impaired loans
Commercial			4,297			5,515			947			4,953			47
Real estate:
Commercial			3,952			4,674			180			3,835			64
Residential			1,546			1,745			75			1,847			34
Consumer			111			121						167
Total		$	9,906		$	12,055		$	1,202		$	10,802		$	145


											For the Quarter Ended
					Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
March 31, 2020		Investment			Balance			Allowance			Investment			Recognized
With no related allowance:
Commercial		$	3,706		$	4,249					$	3,672		$	16
Real estate:
Commercial			2,263			2,574						2,091			5
Residential			1,129			1,369						1,424			5
Consumer			201			219						231
Total			7,299			8,411						7,418			26
With an allowance recorded:
Commercial			1,956			1,974		$	764			1,488			6
Real estate:
Commercial			1,263			1,924			270			1,197
Residential			706			735			192			571			4
Consumer
Total			3,925			4,633			1,226			3,256			10
Total impaired loans
Commercial			5,662			6,223			764			5,160			22
Real estate:
Commercial			3,526			4,498			270			3,288			5
Residential			1,835			2,104			192			1,995			9
Consumer			201			219						231
Total		$	11,224		$	13,044		$	1,226		$	10,674		$	36