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Loans, net and allowance for loan losses (Tables)

6 Months Ended

Jun. 30, 2021

Loans, net and allowance for loan losses

Schedule of major classifications of loans outstanding


			June 30, 2021			December 31, 2020
Commercial		$	671,977		$	679,286
Real estate:
Commercial			1,203,958			1,137,990
Residential			281,500			277,414
Consumer			79,391			83,292
Total		$	2,236,826		$	2,177,982

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


					Real estate
June 30, 2021		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance April 1, 2021		$	8,215		$	14,703		$	2,994		$	871		$	26,783
Charge-offs						(144)			(2)			(44)			(190)
Recoveries			18			8			1			19			46
Provisions (credits)			287			(286)			76			23			100
Ending balance		$	8,520		$	14,281		$	3,069		$	869		$	26,739

					Real estate
June 30, 2020		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance April 1, 2020		$	7,969		$	13,007		$	3,624		$	1,086		$	25,686
Charge-offs			(335)			(47)			(81)			(154)			(617)
Recoveries			31						3			54			88
Provisions			822			895			21			62			1,800
Ending balance		$	8,487		$	13,855		$	3,567		$	1,048		$	26,957


					Real estate
June 30, 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)			(240)			(24)			(106)			(385)
Recoveries			79			66			2			33			180
Provisions			(278)			(104)			(38)			20			(400)
Ending balance		$	8,520		$	14,281		$	3,069		$	869		$	26,739

					Real estate
June 30, 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			(985)			(47)			(135)			(248)			(1,415)
Recoveries			298						13			84			395
Provisions			2,286			2,406			463			145			5,300
Ending balance		$	8,487		$	13,855		$	3,567		$	1,048		$	26,957


					Real estate
June 30, 2021		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	8,520		$	14,281		$	3,069		$	869		$	26,739
Ending balance: individually evaluated for impairment			549			87			58						694
Ending balance: collectively evaluated for impairment		$	7,971		$	14,194		$	3,011		$	869		$	26,045
Loans receivable:
Ending balance		$	671,977		$	1,203,958		$	281,500		$	79,391		$	2,236,826
Ending balance: individually evaluated for impairment			2,071			3,683			1,466			76			7,296
Ending balance: collectively evaluated for impairment		$	669,906		$	1,200,275		$	280,034		$	79,315		$	2,229,530



					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
June 30, 2021		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	655,924		$	13,752		$	2,301		$			$	671,977
Real estate:
Commercial			1,182,725			12,909			8,324						1,203,958
Residential			278,115			613			2,772						281,500
Consumer			79,316						75						79,391
Total		$	2,196,080		$	27,274		$	13,472		$			$	2,236,826


					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


			June 30, 2021			December 31, 2020
Commercial		$	1,640		$	3,822
Real estate:
Commercial			3,025			3,262
Residential			876			922
Consumer			76			111
Total		$	5,617		$	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
June 30, 2021		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	53					$	1,640		$	1,693		$	670,284		$	671,977
Real estate:
Commercial			814						3,025			3,839			1,200,119			1,203,958
Residential			348		$	220			925			1,493			280,007			281,500		$	49
Consumer			347			78			76			501			78,890			79,391
Total		$	1,562		$	298		$	5,666		$	7,526		$	2,229,300		$	2,236,826		$	49

Improved credit quality resulted in lower levels of past due loans from year end.


								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


											This Quarter						Year-to-Date
					Unpaid						Average			Interest			Average			Interest
		Recorded			Principal			Related			Recorded			Income			Recorded			Income
June 30, 2021		Investment			Balance			Allowance			Investment			Recognized			Investment			Recognized
With no related allowance:
Commercial		$	1,105		$	1,603					$	889		$	3		$	1,343		$	7
Real estate:
Commercial			3,009			3,970						3,145			9			2,887			15
Residential			1,007			1,185						1,064			4			1,071			10
Consumer			76			86						85						94
Total			5,197			6,844						5,183			16			5,395			32
With an allowance recorded:
Commercial			966			999			549			1,472			5			1,663			10
Real estate:
Commercial			674			771			87			692			6			988			10
Residential			459			470			58			441			3			447			7
Consumer
Total			2,099			2,240			694			2,605			14			3,098			27
Total impaired loans
Commercial			2,071			2,602			549			2,361			8			3,006			17
Real estate:
Commercial			3,683			4,741			87			3,837			15			3,875			25
Residential			1,466			1,655			58			1,505			7			1,518			17
Consumer			76			86						85						94
Total		$	7,296		$	9,084		$	694		$	7,788		$	30		$	8,493		$	59


											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


											This Quarter						Year-to-Date
					Unpaid						Average			Interest			Average			Interest
		Recorded			Principal			Related			Recorded			Income			Recorded			Income
June 30, 2020		Investment			Balance			Allowance			Investment			Recognized			Investment			Recognized
With no related allowance:
Commercial		$	2,921		$	3,480					$	3,314		$	9		$	3,422		$	25
Real estate:
Commercial			2,042			2,606						2,153			17			2,074			22
Residential			1,115			1,273						1,122			5			1,321			10
Consumer			160			178						181						207
Total			6,238			7,537						6,770			31			7,024			57
With an allowance recorded:
Commercial			2,487			2,516		$	1,339			2,222						1,821			6
Real estate:
Commercial			2,448			2,774			239			1,856						1,614
Residential			810			878			163			758			3			650			7
Consumer
Total			5,745			6,168			1,741			4,836			3			4,085			13
Total impaired loans
Commercial			5,408			5,996			1,339			5,536			9			5,243			31
Real estate:
Commercial			4,490			5,380			239			4,009			17			3,688			22
Residential			1,925			2,151			163			1,880			8			1,971			17
Consumer			160			178						181						207
Total		$	11,983		$	13,705		$	1,741		$	11,606		$	34		$	11,109		$	70

Summary loans whose terms have been modified resulting in troubled debt restructurings



		For the Three Months Ended June 30, 2020								For the Six Months Ended June 30, 2020
					Pre-Modification		Post-Modification						Pre-Modification			Post-Modification
		Number		Recorded			Recorded			Number			Recorded			Recored
		of Loans		Investment			Investment			of Loans			Investment			Investment
Commercial real estate		3		$	1,073		$	1,073		3		$	1,073		$	1,073
Commercial and industrial		1			12			12		1			12			12.00
Total		4		$	1,085		$	1,085		4		$	1,085		$	1,085