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Credit Quality and Nonperforming Assets (Tables) | 3 Months Ended
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Mar. 31, 2020
Credit Quality and Nonperforming Assets [Abstract] |
Credit Quality Classifications for Loan Balances | Credit quality classifications for the Company’s loan balances were as follows, as of the dates indicated: Credit Quality Classifications (dollars in thousands, unaudited)
|  | March 31, 2020
|  | Pass |  | Special Mention |  | Substandard |  | Impaired |  | Total
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-4 family residential construction |  | $ | 94,114 |  | $ | 464 |  | $ | — |  | $ | — |  | $ | 94,578
Other construction/land |  |  | 87,861 |  |  | 2,219 |  |  | — |  |  | 522 |  |  | 90,602
1-4 family - closed end |  |  | 182,832 |  |  | 3,523 |  |  | 169 |  |  | 3,110 |  |  | 189,634
Equity lines |  |  | 42,010 |  |  | 2,084 |  |  | 61 |  |  | 4,381 |  |  | 48,536
Multi-family residential |  |  | 57,891 |  |  | — |  |  | — |  |  | 347 |  |  | 58,238
Commercial real estate - owner occupied |  |  | 293,360 |  |  | 3,936 |  |  | 3,109 |  |  | 2,529 |  |  | 302,934
Commercial real estate - non-owner occupied |  |  | 471,003 |  |  | 747 |  |  | 568 |  |  | 2,608 |  |  | 474,926
Farmland |  |  | 140,307 |  |  | 1,047 |  |  | 130 |  |  | 256 |  |  | 141,740
Total real estate |  |  | 1,369,378 |  |  | 14,020 |  |  | 4,037 |  |  | 13,753 |  |  | 1,401,188
Agricultural |  |  | 49,030 |  |  | 164 |  |  | — |  |  | 5 |  |  | 49,199
Commercial and industrial |  |  | 97,081 |  |  | 12,994 |  |  | 510 |  |  | 1,405 |  |  | 111,990
Mortgage warehouse |  |  | 228,608 |  |  | — |  |  | — |  |  | — |  |  | 228,608
Consumer loans |  |  | 6,579 |  |  | 70 |  |  | 15 |  |  | 376 |  |  | 7,040
Total gross loans and leases |  | $ | 1,750,676 |  | $ | 27,248 |  | $ | 4,562 |  | $ | 15,539 |  | $ | 1,798,025
|  | December 31, 2019
|  | Pass |  | Special Mention |  | Substandard |  | Impaired |  | Total
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-4 family residential construction |  | $ | 105,979 |  | $ | — |  | $ | — |  | $ | — |  | $ | 105,979
Other construction/land |  |  | 90,761 |  |  | 98 |  |  | — |  |  | 554 |  |  | 91,413
1-4 family - closed end |  |  | 194,572 |  |  | 2,425 |  |  | 164 |  |  | 3,020 |  |  | 200,181
Equity lines |  |  | 43,111 |  |  | 1,995 |  |  | 72 |  |  | 4,421 |  |  | 49,599
Multi-family residential |  |  | 54,104 |  |  | — |  |  | — |  |  | 353 |  |  | 54,457
Commercial real estate - owner occupied |  |  | 334,460 |  |  | 4,005 |  |  | 3,384 |  |  | 2,034 |  |  | 343,883
Commercial real estate - non-owner occupied |  |  | 409,289 |  |  | 1,164 |  |  | 11 |  |  | 2,105 |  |  | 412,569
Farmland |  |  | 142,594 |  |  | 1,048 |  |  | 132 |  |  | 259 |  |  | 144,033
Total real estate |  |  | 1,374,870 |  |  | 10,735 |  |  | 3,763 |  |  | 12,746 |  |  | 1,402,114
Agricultural |  |  | 47,814 |  |  | 217 |  |  | — |  |  | 5 |  |  | 48,036
Commercial and industrial |  |  | 100,584 |  |  | 13,415 |  |  | 556 |  |  | 977 |  |  | 115,532
Mortgage warehouse |  |  | 189,103 |  |  | — |  |  | — |  |  | — |  |  | 189,103
Consumer loans |  |  | 7,245 |  |  | 85 |  |  | 25 |  |  | 425 |  |  | 7,780
Total gross loans and leases |  | $ | 1,719,616 |  | $ | 24,452 |  | $ | 4,344 |  | $ | 14,153 |  | $ | 1,762,565
Aging of Loan Balances by Number of Days Past Due |
|  | March 31, 2020
|  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90 Days Or More Past Due(1) |  | Total Past Due |  | Current |  | Total Financing Receivables |  | Non-Accrual Loans(2)
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-4 family residential construction |  | $ | 464 |  | $ | — |  | $ | — |  | $ | 464 |  | $ | 94,114 |  | $ | 94,578 |  | $ | —
Other construction/land |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 90,602 |  |  | 90,602 |  |  | 10
1-4 family - closed end |  |  | 2,349 |  |  | 14 |  |  | 783 |  |  | 3,146 |  |  | 186,488 |  |  | 189,634 |  |  | 866
Equity lines |  |  | 122 |  |  | — |  |  | 141 |  |  | 263 |  |  | 48,273 |  |  | 48,536 |  |  | 535
Multi-family residential |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 58,238 |  |  | 58,238 |  |  | —
Commercial real estate - owner occupied |  |  | 196 |  |  | — |  |  | 837 |  |  | 1,033 |  |  | 301,901 |  |  | 302,934 |  |  | 1,941
Commercial real estate - non-owner occupied |  |  | 633 |  |  | — |  |  | 2,127 |  |  | 2,760 |  |  | 472,166 |  |  | 474,926 |  |  | 2,608
Farmland |  |  | 213 |  |  | — |  |  | — |  |  | 213 |  |  | 141,527 |  |  | 141,740 |  |  | 257
Total real estate |  |  | 3,977 |  |  | 14 |  |  | 3,888 |  |  | 7,879 |  |  | 1,393,309 |  |  | 1,401,188 |  |  | 6,217
Agricultural |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 49,199 |  |  | 49,199 |  |  | —
Commercial and industrial |  |  | 617 |  |  | 358 |  |  | 195 |  |  | 1,170 |  |  | 110,820 |  |  | 111,990 |  |  | 1,116
Mortgage warehouse lines |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 228,608 |  |  | 228,608 |  |  | —
Consumer |  |  | 42 |  |  | 8 |  |  | — |  |  | 50 |  |  | 6,990 |  |  | 7,040 |  |  | 18
Total gross loans and leases |  | $ | 4,636 |  | $ | 380 |  | $ | 4,083 |  | $ | 9,099 |  | $ | 1,788,926 |  | $ | 1,798,025 |  | $ | 7,351
| (1) |  | As of March 31, 2020 there were no loans over 90 days past due and still accruing.
| (2) |  | Included in total financing receivables
Loan Portfolio Aging (dollars in thousands, unaudited)
|  | December 31, 2019
|  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90 Days Or More Past Due(1) |  | Total Past Due |  | Current |  | Total Financing Receivables |  | Non-Accrual Loans(2)
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-4 family residential construction |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 105,979 |  | $ | 105,979 |  | $ | —
Other construction/land |  |  | 16 |  |  | — |  |  | — |  |  | 16 |  |  | 91,397 |  |  | 91,413 |  |  | 31
1-4 family - closed end |  |  | 485 |  |  | 380 |  |  | 659 |  |  | 1,524 |  |  | 198,657 |  |  | 200,181 |  |  | 741
Equity lines |  |  | 177 |  |  | 10 |  |  | 78 |  |  | 265 |  |  | 49,334 |  |  | 49,599 |  |  | 480
Multi-family residential |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 54,457 |  |  | 54,457 |  |  | —
Commercial real estate - owner occupied |  |  | 1,552 |  |  | — |  |  | 88 |  |  | 1,640 |  |  | 342,243 |  |  | 343,883 |  |  | 1,440
Commercial real estate - non-owner occupied |  |  | 500 |  |  | — |  |  | 1,605 |  |  | 2,105 |  |  | 410,464 |  |  | 412,569 |  |  | 2,105
Farmland |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 144,033 |  |  | 144,033 |  |  | 258
Total real estate |  |  | 2,730 |  |  | 390 |  |  | 2,430 |  |  | 5,550 |  |  | 1,396,564 |  |  | 1,402,114 |  |  | 5,055
Agricultural |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 48,036 |  |  | 48,036 |  |  | —
Commercial and industrial |  |  | 160 |  |  | 215 |  |  | — |  |  | 375 |  |  | 115,157 |  |  | 115,532 |  |  | 651
Mortgage warehouse lines |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 189,103 |  |  | 189,103 |  |  | —
Consumer |  |  | 55 |  |  | 12 |  |  | 2 |  |  | 69 |  |  | 7,711 |  |  | 7,780 |  |  | 31
Total gross loans and leases |  | $ | 2,945 |  | $ | 617 |  | $ | 2,432 |  | $ | 5,994 |  | $ | 1,756,571 |  | $ | 1,762,565 |  | $ | 5,737
| (1) |  | As of December 31, 2019 there were no loans over 90 days past due and still accruing.
| (2) |  | Included in total financing receivables
Troubled Debt Restructurings, by Type of Loan Modification | Troubled Debt Restructurings, by Type of Loan Modification (dollars in thousands, unaudited)
|  | Three months ended March 31, 2020
|  | Rate Modification |  | Term Modification |  | Interest Only Modification |  | Rate & Term Modification |  | Term & Interest Modification |  | Total
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other construction/land |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | —
1-4 family - closed-end |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Equity lines |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Multi-family residential |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Commercial real estate - owner occupied |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 86 |  |  | 86
Farmland |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Total real estate loans |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 86 |  |  | 86
Agricultural |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Commercial and industrial |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Consumer loans |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Total |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 86 |  | $ | 86
|  | Three months ended March 31, 2019
|  | Rate Modification |  | Term Modification |  | Interest Only Modification |  | Rate & Term Modification |  | Term & Interest Modification |  | Total
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other construction/land |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | —
1-4 family - closed-end |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Equity lines |  |  | — |  |  | 100 |  |  | — |  |  | — |  |  | — |  |  | 100
Multi-family residential |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Commercial real estate - owner occupied |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Farmland |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Total real estate loans |  |  | — |  |  | 100 |  |  | — |  |  | — |  |  | — |  |  | 100
Agricultural |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Commercial and industrial |  |  | 94 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 94
Consumer loans |  |  | — |  |  | 9 |  |  | — |  |  | — |  |  | — |  |  | 9
Total |  | $ | 94 |  | $ | 109 |  | $ | — |  | $ | — |  | $ | — |  |  | 203
Troubled Debt Restructurings (dollars in thousands, unaudited)
|  | Three months ended March 31, 2020
|  |  |  | Pre- Modification |  | Post- Modification |  |  |  |
|  | Number of Loans |  | Outstanding Recorded Investment |  | Outstanding Recorded Investment |  | Reserve Difference⁽¹⁾ |  | Reserve
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other construction/land |  | 0 |  | $ | — |  | $ | — |  | $ | — |  | $ | —
1-4 family - closed-end |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Equity lines |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Multi-family residential |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Commercial real estate - owner occupied |  | 1 |  |  | 86 |  |  | 86 |  |  | — |  |  | —
Farmland |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Total real estate loans |  |  |  |  | 86 |  |  | 86 |  |  | — |  |  | —
Agricultural |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Commercial and industrial |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Consumer loans |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Total |  |  |  | $ | 86 |  | $ | 86 |  | $ | — |  | $ | —
| (1) |  | This represents the change in the ALLL reserve for these credits measured as the difference between the specific post-modification impairment reserve and the pre-modification reserve calculated under our general allowance for loan loss methodology.
|  | Three months ended March 31, 2019
|  |  |  | Pre- Modification |  | Post- Modification |  |  |  |  |  |
|  | Number of Loans |  | Outstanding Recorded Investment |  | Outstanding Recorded Investment |  | Reserve Difference⁽¹⁾ |  | Reserve
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other construction/land |  | 0 |  | $ | — |  | $ | — |  | $ | — |  | $ | —
1-4 family - closed-end |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Equity lines |  | 1 |  |  | 100 |  |  | 100 |  |  | — |  |  | —
Multi-family residential |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Commercial real estate - owner occupied |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Farmland |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Total real estate loans |  |  |  |  | 100 |  |  | 100 |  |  | — |  |  | —
Agricultural |  | 0 |  |  | — |  |  | — |  |  | — |  |  | —
Commercial and industrial |  | 2 |  |  | 94 |  |  | 94 |  |  | (20) |  |  | 1
Consumer loans |  | 1 |  |  | 9 |  |  | 9 |  |  | (2) |  |  | —
Total |  |  |  | $ | 203 |  | $ | 203 |  | $ | $(22) |  | $ | 1
| (1) |  | This represents the change in the ALLL reserve for these credits measured as the difference between the specific post-modification impairment reserve and the pre-modification reserve calculated under our general allowance for loan loss methodology.
Schedule of Debtor Troubled Debt Restructuring, Subsequent Periods | The carrying amount and unpaid principal balance of those PCI loans was as follows, as of the dates indicated: Purchased Credit Impaired Loans: (dollars in thousands, unaudited)
|  | March 31, 2020
|  | Unpaid Principal Balance |  | Carrying Value
Real estate secured |  | $ | 86 |  | $ | 86
Total purchased credit impaired loans |  | $ | 86 |  | $ | $86
|  | December 31, 2019
|  | Unpaid Principal Balance |  | Carrying Value
Real estate secured |  | $ | 88 |  | $ | —
Total purchased credit impaired loans |  | $ | — |  | $ | —

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- Definition Credit Quality and Nonperforming Assets [Abstract] + References No definition available. + Details
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- 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
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- 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
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- Definition Tabular disclosure of troubled debt restructurings in the periods following the restructuring, including: (1) a description of the portion of the recorded [restructured] debt which is contingently payable based on the occurrence of future events or circumstances; (2) the dollar amount of the portion of the recorded [restructured] debt which is contingently payable based on the occurrence of future events or circumstances; and (3) a description of the circumstance, events, or conditions that would cause payments to occur or the creditor to forgive the contingent portion of recorded debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 60 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6402221&loc=d3e15765-112638 + Details
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- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953682-111524 + Details
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