XML 35 R25.htm IDEA: XBRL DOCUMENT

Loans, net and allowance for loan losses (Tables)

9 Months Ended

Sep. 30, 2021

Loans, net and allowance for loan losses

Schedule of major classifications of loans outstanding


			September 30, 2021			December 31, 2020
Commercial		$	588,466		$	679,286
Real estate:
Commercial			1,248,693			1,137,990
Residential			291,404			277,414
Consumer			77,098			83,292
Total		$	2,205,661		$	2,177,982

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


					Real estate
September 30, 2021		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance July 1, 2021		$	8,520		$	14,281		$	3,069		$	869		$	26,739
Charge-offs			(446)			(12)						(8)			(466)
Recoveries			4			1						15			20
Provisions (credits)			(164)			519			92			(47)			400
Ending balance		$	7,914		$	14,789		$	3,161		$	829		$	26,693

					Real estate
September 30, 2020		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance July 1, 2020		$	8,487		$	13,855		$	3,567		$	1,048		$	26,957
Charge-offs			(1,354)			(66)			(71)			(51)			(1,542)
Recoveries			51			14			9			45			119
Provisions (credits)			1,271			(5)			(159)			(57)			1,050
Ending balance		$	8,455		$	13,798		$	3,346		$	985		$	26,584


					Real estate
September 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			(461)			(252)			(24)			(114)			(851)
Recoveries			83			67			2			48			200
Provisions (credits)			(442)			415			54			(27)
Ending balance		$	7,914		$	14,789		$	3,161		$	829		$	26,693

					Real estate
September 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			(2,339)			(113)			(206)			(299)			(2,957)
Recoveries			349			14			22			129			514
Provisions			3,557			2,401			304			88			6,350
Ending balance		$	8,455		$	13,798		$	3,346		$	985		$	26,584


					Real estate
September 30, 2021		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	7,914		$	14,789		$	3,161		$	829		$	26,693
Ending balance: individually evaluated for impairment			18			107			41						166
Ending balance: collectively evaluated for impairment		$	7,896		$	14,682		$	3,120		$	829		$	26,527
Loans receivable:
Ending balance		$	588,466		$	1,248,693		$	291,404		$	77,098		$	2,205,661
Ending balance: individually evaluated for impairment			1,058			3,094			1,431			82			5,665
Ending balance: collectively evaluated for impairment		$	587,408		$	1,245,599		$	289,973		$	77,016		$	2,199,996



					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
September 30, 2021		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	584,020		$	2,889		$	1,557		$			$	588,466
Real estate:
Commercial			1,229,908			13,013			5,772						1,248,693
Residential			288,389			338			2,677						291,404
Consumer			77,016						82						77,098
Total		$	2,179,333		$	16,240		$	10,088		$			$	2,205,661


					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


			September 30, 2021			December 31, 2020
Commercial		$	648		$	3,822
Real estate:
Commercial			2,435			3,262
Residential			809			922
Consumer			82			111
Total		$	3,974		$	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
September 30, 2021		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	62		$	47		$	648		$	757		$	587,709		$	588,466
Real estate:
Commercial			612			311			2,465			3,388			1,245,305			1,248,693		$	30
Residential			317			302			857			1,476			289,928			291,404			48
Consumer			450			78			82			610			76,488			77,098
Total		$	1,441		$	738		$	4,052		$	6,231		$	2,199,430		$	2,205,661		$	78

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
September 30, 2021		Investment			Balance			Allowance			Investment			Recognized			Investment			Recognized
With no related allowance:
Commercial		$	634		$	1,097					$	870		$	2		$	1,166		$	9
Real estate:
Commercial			2,560			3,275						2,785			4			2,805			19
Residential			991			1,184						999			5			1,051			15
Consumer			82			96						79						91
Total			4,267			5,652						4,733			11			5,113			43
With an allowance recorded:
Commercial			424			424		$	18			695			5			1,354			15
Real estate:
Commercial			534			564			107			604			4			875			14
Residential			440			446			41			450			3			445			10
Consumer
Total			1,398			1,434			166			1,749			12			2,674			39
Total impaired loans
Commercial			1,058			1,521			18			1,565			7			2,520			24
Real estate:
Commercial			3,094			3,839			107			3,389			8			3,680			33
Residential			1,431			1,630			41			1,449			8			1,496			25
Consumer			82			96						79						91
Total		$	5,665		$	7,086		$	166		$	6,482		$	23		$	7,787		$	82


											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
September 30, 2020		Investment			Balance			Allowance			Investment			Recognized			Investment			Recognized
With no related allowance:
Commercial		$	2,060		$	3,032					$	2,491		$	3		$	3,081		$	28
Real estate:
Commercial			2,146			2,749						2,094			3			2,092			25
Residential			1,068			1,219						1,092			5			1,258			15
Consumer			103			119						132						181
Total			5,377			7,119						5,809			11			6,612			68
With an allowance recorded:
Commercial			2,679			2,713		$	1,113			2,583			6			2,036			12
Real estate:
Commercial			2,015			2,254			179			2,232			18			1,714			18
Residential			711			795			92			761			3			666			10
Consumer
Total			5,405			5,762			1,384			5,576			27			4,416			40
Total impaired loans
Commercial			4,739			5,745			1,113			5,074			9			5,117			40
Real estate:
Commercial			4,161			5,003			179			4,326			21			3,806			43
Residential			1,779			2,014			92			1,853			8			1,924			25
Consumer			103			119						132						181
Total		$	10,782		$	12,881		$	1,384		$	11,385		$	38		$	11,028		$	108

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



		For the Three Months Ended September 30, 2020								For the Nine Months Ended September 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
Commercial and industrial										1			12			12
Total				$			$			4		$	1,085		$	1,085