XML 34 R25.htm IDEA: XBRL DOCUMENT

Loans, net and allowance for loan losses (Tables)

3 Months Ended

Mar. 31, 2022

Loans, net and allowance for loan losses

Schedule of major classifications of loans outstanding



			March 31, 2022			December 31, 2021
Commercial		$	580,758		$	613,127
Real estate:
Commercial			1,436,196			1,343,539
Residential			306,068			297,624
Consumer			74,659			74,883
Total		$	2,397,681		$	2,329,173

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


					Real estate
March 31, 2022		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Beginning Balance January 1, 2022		$	8,453		$	15,928		$	3,209		$	793		$	28,383
Charge-offs			(161)			(132)						(62)			(355)
Recoveries			9			16			3			51			79
Provisions (credits)			(708)			977			43			(12)			300
Ending balance		$	7,593		$	16,789		$	3,255		$	770		$	28,407

					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, 2022		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	7,593		$	16,789		$	3,255		$	770		$	28,407
Ending balance: individually evaluated for impairment			21			45			49			—			115
Ending balance: collectively evaluated for impairment		$	7,572		$	16,744		$	3,206		$	770		$	28,292
Loans receivable:
Ending balance		$	580,758		$	1,436,196		$	306,068		$	74,659		$	2,397,681
Ending balance: individually evaluated for impairment			159			3,188			1,148			—			4,495
Ending balance: collectively evaluated for impairment		$	580,599		$	1,433,008		$	304,920		$	74,659		$	2,393,186



					Real estate
December 31, 2021		Commercial			Commercial			Residential			Consumer			Total
Allowance for loan losses:
Ending balance		$	8,453		$	15,928		$	3,209		$	793		$	28,383
Ending balance: individually evaluated for impairment			40			109			26						175
Ending balance: collectively evaluated for impairment		$	8,413		$	15,819		$	3,183		$	793		$	28,208
Loans receivable:
Ending balance		$	613,127		$	1,343,539		$	297,624		$	74,883		$	2,329,173
Ending balance: individually evaluated for impairment			199			2,890			1,273						4,362
Ending balance: collectively evaluated for impairment		$	612,928		$	1,340,649		$	296,351		$	74,883		$	2,324,811

Schedule of major classification of loans portfolio summarized by credit quality


					Special
March 31, 2022		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	571,829		$	8,089		$	840		$	—		$	580,758
Real estate:
Commercial			1,421,727			8,322			6,147						1,436,196
Residential			304,324			127			1,617						306,068
Consumer			74,452						207						74,659
Total		$	2,372,332		$	16,538		$	8,811		$			$	2,397,681


					Special
December 31, 2021		Pass			Mention			Substandard			Doubtful			Total
Commercial		$	611,151		$	896		$	1,080		$	—		$	613,127
Real estate:
Commercial			1,324,646			13,939			4,954						1,343,539
Residential			294,892			333			2,399						297,624
Consumer			74,744						139						74,883
Total		$	2,305,433		$	15,168		$	8,572		$			$	2,329,173

Schedule of information concerning nonaccrual loans by major loan classification


			March 31, 2022			December 31, 2021
Commercial		$	146		$	185
Real estate:
Commercial			2,143			1,793
Residential			575			694
Consumer			206			139
Total		$	3,070		$	2,811

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, 2022		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	60		$	14		$	126		$	200		$	580,558		$	580,758
Real estate:
Commercial			326			—			1,242			1,568			1,434,628			1,436,196
Residential			1,794			11			249			2,054			304,014			306,068		$	103
Consumer			542			188			95			825			73,834			74,659
Total		$	2,722		$	213		$	1,712		$	4,647		$	2,393,034		$	2,397,681		$	103

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, 2021		Past Due			Past Due			Days			Due			Current			Total Loans			Accruing
Commercial		$	101			155		$	158		$	414		$	612,713		$	613,127
Real estate:
Commercial			768		$	423			834			2,025			1,341,514			1,343,539
Residential			1,552			207			265			2,024			295,600			297,624		$	13
Consumer			477			163			51			691			74,192			74,883
Total		$	2,898		$	948		$	1,308		$	5,154		$	2,324,019		$	2,329,173		$	13

Summarized information concerning impaired loans


											For the Quarter Ended
					Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
March 31, 2022		Investment			Balance			Allowance			Investment			Recognized
With no related allowance:
Commercial		$	138		$	475					$	148		$	2
Real estate:
Commercial			2,748			3,505						2,562			12
Residential			874			1,047						874			4
Consumer			207			217						173
Total			3,967			5,244						3,757			18
With an allowance recorded:
Commercial			21			21		$	21			31
Real estate:
Commercial			440			452			45			477			4
Residential			273			274			49			338			3
Total			734			747			115			846			7
Total impaired loans
Commercial			159			496			21			179			2
Real estate:
Commercial			3,188			3,957			45			3,039			16
Residential			1,147			1,321			49			1,212			7
Consumer			207			217						173
Total		$	4,701		$	5,991		$	115		$	4,603		$	25


											For the Year Ended
					Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
December 31, 2021		Investment			Balance			Allowance			Investment			Recognized
With no related allowance:
Commercial		$	158		$	481					$	964		$	13
Real estate:
Commercial			2,376			3,120						2,719			22
Residential			873			1,073						1,016			19
Consumer			139			148						100
Total			3,546			4,822						4,799			54
With an allowance recorded:
Commercial			41			41			40			1,091			15
Real estate:
Commercial			513			543			109			802			22
Residential			401			401			26			436			13
Consumer
Total			955			985			175			2,329			50
Total impaired loans
Commercial			199			522			40			2,055			28
Real estate:
Commercial			2,889			3,663			109			3,521			44
Residential			1,274			1,474			26			1,452			32
Consumer			139			148						100
Total		$	4,501		$	5,807		$	175		$	7,128		$	104


											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