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Loans and Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2019
Financing Receivable, Allowance for Credit Loss [Line Items]  
Schedule of Composition of Loan Portfolio

The following table summarizes the composition of our loan portfolio. Total gross loans are recorded net of deferred loan fees and costs, which totaled $3.1 million as of September 30, 2019 and $2.8 million as of December 31, 2018.

         
      September 30, 2019 December 31, 2018
(dollars in thousands) Amount       % of Total       Amount       % of Total
Commercial
Owner occupied RE $      392,896 21.4 % $      367,018 21.9 %
Non-owner occupied RE 481,865 26.2 % 404,296 24.1 %
Construction 75,710 4.1 % 84,411 5.0 %
Business 290,154 15.8 % 272,980 16.3 %
Total commercial loans 1,240,625 67.5 % 1,128,705 67.3 %
Consumer
Real estate 346,512 18.8 % 320,943 19.1 %
Home equity 174,611 9.5 % 165,937 9.9 %
Construction 49,548 2.7 % 37,925 2.3 %
Other 27,131 1.5 % 23,822 1.4 %
Total consumer loans 597,802 32.5 % 548,627 32.7 %
Total gross loans, net of deferred fees 1,838,427  100.0 % 1,677,332  100.0 %
Less—allowance for loan losses (15,848 ) (15,762 )
Total loans, net $ 1,822,579 $ 1,661,570
Schedule of Loan Maturity Distribution by Type and Related Interest Rate

The information in the following tables summarizes the loan maturity distribution by type and related interest rate characteristics based on the contractual maturities of individual loans, including loans which may be subject to renewal at their contractual maturity. Renewal of such loans is subject to review and credit approval, as well as modification of terms upon maturity. Actual repayments of loans may differ from the maturities reflected below, because borrowers have the right to prepay obligations with or without prepayment penalties.

     
September 30, 2019
After one
One year but within After five
(dollars in thousands)       or less       five years       years       Total
Commercial
Owner occupied RE $      37,933 148,367 206,596 392,896
Non-owner occupied RE 58,945 263,046 159,874 481,865
Construction 29,096 22,696 23,918 75,710
Business 74,851 143,215 72,088 290,154
Total commercial loans 200,825 577,324 462,476 1,240,625
Consumer
Real estate 25,426 81,161 239,925 346,512
Home equity 12,154 28,425 134,032 174,611
Construction 14,249 1,057 34,242 49,548
Other 6,381 16,455 4,295 27,131
Total consumer loans 58,210 127,098 412,494 597,802
Total gross loans, net of deferred fees $ 259,035 704,422 874,970 1,838,427
Loans maturing after one year with:
Fixed interest rates $      1,214,368
Floating interest rates 365,024
     
December 31, 2018
After one
One year but within After five
(dollars in thousands)       or less       five years       years       Total
Commercial
Owner occupied RE $      20,839 165,436 180,743 367,018
Non-owner occupied RE 43,000 227,454 133,842 404,296
Construction 22,941 33,045 28,425 84,411
Business 80,672 128,911 63,397 272,980
Total commercial loans 167,452 554,846 406,407 1,128,705
Consumer
Real estate 29,301 70,467 221,175 320,943
Home equity 8,867 24,618 132,452 165,937
Construction 16,006 1,646 20,273 37,925
Other 7,681 11,253 4,888 23,822
Total consumer 61,855 107,984 378,788 548,627
Total gross loan, net of deferred fees $ 229,307 662,830 785,195 1,677,332
Loans maturing after one year with:
Fixed interest rates $      1,100,854
Floating interest rates 347,171
Schedule of Nonperforming Assets, Including Nonaccruing TDRs

Following is a summary of our nonperforming assets, including nonaccruing TDRs.

         
(dollars in thousands) September 30, 2019 December 31, 2018
Commercial
Owner occupied RE       $            -       -
Non-owner occupied RE 1,963 210
Construction - -
Business 198 81
Consumer
Real estate 1,637 1,980
Home equity 467 1,006
Construction - -
Other - 12
Nonaccruing troubled debt restructurings 2,763              2,541
Total nonaccrual loans, including nonaccruing TDRs 7,028 5,830
Other real estate owned - -
Total nonperforming assets $ 7,028 5,830
Nonperforming assets as a percentage of:
Total assets 0.32 % 0.31 %
Gross loans 0.38 % 0.35 %
Total loans over 90 days past due $ 1,033 458
Loans over 90 days past due and still accruing - -
Accruing troubled debt restructurings 5,791 6,742
Schedule of Key Information for Impaired Loans

The table below summarizes key information for impaired loans. The Company’s impaired loans include loans on nonaccrual status and loans modified in a TDR, whether on accrual or nonaccrual status. These impaired loans may have estimated impairment which is included in the allowance for loan losses. The Company’s commercial and consumer impaired loans are evaluated individually to determine the related allowance for loan losses.

         
September 30, 2019
Recorded investment
Impaired loans Impaired loans
Unpaid with no related with related Related
Principal Impaired allowance for allowance for allowance for
(dollars in thousands) Balance loans loan losses loan losses loan losses
Commercial
Owner occupied RE       $      2,787       2,723       2,277       446       75
Non-owner occupied RE 4,474 4,034 2,409 1,625 416
Construction - - - - -
Business 2,187 1,724 570 1,154 470
Total commercial 9,448 8,481 5,256 3,225 961
Consumer
Real estate 2,674 2,534 1,434 1,100 438
Home equity 2,267 1,654 1,242 412 98
Construction - - - - -
Other 150 150 - 150 17
Total consumer 5,091 4,338 2,676 1,662 553
Total $ 14,539 12,819 7,932 4,887 1,514

         
December 31, 2018
Recorded investment
Impaired loans Impaired loans
Unpaid with no related with related Related
Principal Impaired allowance for allowance for allowance for
(dollars in thousands) Balance loans loan losses loan losses loan losses
Commercial
Owner occupied RE       $      2,827       2,762       2,311       451       75
Non-owner occupied RE 3,321 2,807 603 2,204 558
Construction - - - - -
Business 3,745 2,520 515 2,005 895
Total commercial 9,893 8,089 3,429 4,660 1,528
Consumer
Real estate 2,993 2,892 1,494 1,398 456
Home equity 1,935 1,421 1,421 - -
Construction - - - - -
Other 170 170 - 170 30
Total consumer 5,098 4,483 2,915 1,568 486
Total $ 14,991 12,572 6,344 6,228 2,014
Schedule of Average Recorded Investment and Interest Income Recognized on Impaired Loans

The following table provides the average recorded investment in impaired loans and the amount of interest income recognized on impaired loans after impairment by portfolio segment and class.

         
Three months ended Three months ended
September 30, 2019 September 30, 2018
Average Recognized Average Recognized
recorded interest recorded interest
(dollars in thousands) investment income investment income
Commercial
Owner occupied RE       $      2,728       27       2,786       41
Non-owner occupied RE 4,077 74 3,048 29
Construction - - - -
Business 1,738 14 2,965 44
Total commercial 8,543 115 8,799 114
Consumer
Real estate 2,876 30 2,850 34
Home equity 1,668 30 1,273 17
Construction - - - -
Other 151 2 162 1
Total consumer 4,695 62 4,285 52
Total $ 13,238 177 13,084 166

             
Nine months ended Nine months ended Year ended
September 30, 2019 September 30, 2018 December 31, 2018
Average Recognized Average Recognized Average Recognized
recorded interest recorded interest recorded interest
(dollars in thousands) investment income investment income investment income
Commercial
Owner occupied RE       $      2,742       96       2,792       103       2,784       142
Non-owner occupied RE 4,139 202 3,070 127 2,860 174
Construction - - - - - -
Business 1,766 61 3,031 123 2,883 162
Total commercial 8,647 359 8,893 353 8,527 478
Consumer
Real estate 3,062 97 2,871 114 2,930 151
Home equity 1,688 82 1,283 61 1,453 99
Construction - - - - - -
Other 154 4 164 4 174 5
Total consumer 4,904 183 4,318 179 4,557 255
Total $ 13,551 542 13,211 532 13,084 733
Schedule of Allowance for Loan Losses by Commercial and Consumer Portfolio Segments

The following table summarizes the activity related to the allowance for loan losses by commercial and consumer portfolio segments:

     
Three months ended September 30, 2019
Commercial Consumer
Owner Non-owner
occupied occupied Real Home
(dollars in thousands) RE RE Construction Business Estate equity Construction Other Total
Balance, beginning of period      $     2,808      4,016      569      3,623      3,104      1,409      318      297      16,144
Provision for loan losses (75 ) 237 (63 ) 588 (93 ) 14 8 34 650
Loan charge-offs - (225 ) - (709 ) - - - (29 ) (963 )
Loan recoveries - - - 8 7 1 - 1 17
Net loan charge-offs - (225 ) - (701 ) 7 1 - (28 ) (946 )
Balance, end of period $ 2,733 4,028 506 3,510 3,018 1,424 326 303 15,848
Net charge-offs to average loans (annualized) 0.21 %
Allowance for loan losses to gross loans 0.86 %
Allowance for loan losses to nonperforming loans 225.51 %

     
Three months ended September 30, 2018
Commercial Consumer
Owner Non-owner
occupied occupied Real Home
(dollars in thousands) RE RE Construction Business Estate equity Construction Other Total
Balance, beginning of period      $      2,699               3,581               544      3,849      3,446      1,431                   282      268      16,100
Provision for loan losses 71 379 (44 ) (17 ) 89 (93 ) (7 ) 22 400
Loan charge-offs - - - (536 ) - - - (20 ) (556 )
Loan recoveries - 25 - 89 1 80 - 1 196
Net loan charge-offs - 25 - (447 ) 1 80 - (19 ) (360 )
Balance, end of period $ 2,770 3,985 500 3,385 3,536 1,418 275 271 16,140
Net charge-offs to average loans (annualized) 0.09 %
Allowance for loan losses to gross loans 1.00 %
Allowance for loan losses to nonperforming loans 270.53 %
 
Nine months ended September 30, 2019
Commercial Consumer
Owner Non-owner
occupied occupied Real Home
(dollars in thousands) RE RE Construction Business Estate equity Construction Other Total
Balance, beginning of period $     2,726 3,811 615 3,616 3,081 1,348 275 290 15,762
Provision for loan losses 117 454 (109 ) 577 (99 ) 174 51 85 1,250
Loan charge-offs (110 ) (239 ) - (709 ) - (100 ) - (82 ) (1,240 )
Loan recoveries - 2 - 26 36 2 - 10 76
Net loan charge-offs (110 ) (237 ) - (683 ) 36 (98 ) - (72 ) (1,164 )
Balance, end of period $ 2,733 4,028 506 3,510 3,018 1,424 326 303 15,848
Net charge-offs to average loans (annualized) 0.09 %
 
Nine months ended September 30, 2018
Commercial Consumer
Owner Non-owner
occupied occupied Real Home
RE RE Construction Business Estate equity Construction Other Total
Balance, beginning of period $      2,534 3,230 325 3,848 3,495 1,600 210 281 15,523
Provision for loan losses 236 857 175 (31 ) 114 (157 ) 65 41 1,300
Loan charge-offs - (234 ) - (655 ) (76 ) (140 ) - (54 ) (1,159 )
Loan recoveries - 132 - 223 3 115 - 3 476
Net loan charge-offs - (102 ) - (432 ) (73 ) (25 ) - (51 ) (683 )
Balance, end of period $ 2,770 3,985 500 3,385 3,536 1,418 275 271 16,140
Net charge-offs to average loans (annualized) 0.06 %
Schedule of Allowance for Loan Losses and Recorded Investment in Loans by Impairment

The following table disaggregates the allowance for loan losses and recorded investment in loans by impairment methodology.

     
September 30, 2019
Allowance for loan losses Recorded investment in loans
(dollars in thousands) Commercial Consumer Total Commercial Consumer Total
Individually evaluated       $      961       553       1,514       8,481       4,338       12,819
Collectively evaluated 9,816 4,518 14,334 1,232,144 593,464 1,825,608
Total $ 10,777 5,071 15,848 1,240,625 597,802 1,838,427
 
December 31, 2018
Allowance for loan losses Recorded investment in loans
(dollars in thousands) Commercial Consumer Total Commercial Consumer Total
Individually evaluated $ 1,528 486 2,014 8,089 4,483 12,572
Collectively evaluated 9,240 4,508 13,748 1,120,616 544,144 1,664,760
Total $ 10,768 4,994 15,762 1,128,705 548,627 1,677,332
Consumer Loan [Member]  
Financing Receivable, Allowance for Credit Loss [Line Items]  
Summary of breakdown of outstanding loans by risk category

The tables below provide a breakdown of outstanding consumer loans by risk category.

     
September 30, 2019
(dollars in thousands)       Real estate       Home equity       Construction       Other       Total
Pass $      341,367 170,749 49,548 26,843 588,507
Special mention 1,562 665 - 228 2,455
Substandard 3,583 3,197 - 60 6,840
Doubtful - - - - -
$ 346,512 174,611 49,548 27,131 597,802
 
December 31, 2018
(dollars in thousands) Real estate Home equity Construction Other Total
Pass $ 314,586 162,626 37,925 23,586 538,723
Special mention 1,792 864 - 139 2,795
Substandard 4,565 2,447 - 97 7,109
Doubtful - - - - -
$ 320,943 165,937 37,925 23,822 548,627
Summary of outstanding commercial and consumer loans which include loans on nonaccrual by past due status
The following tables provide past due information for outstanding consumer loans and include loans on nonaccrual status as well as accruing TDRs.
 
 
September 30, 2019
(dollars in thousands) Real estate Home equity Construction Other Total
Current $ 345,720 173,536 49,548 27,064 595,868
30-59 days past due - 363 - 67 430
60-89 days past due 187 482 - - 669
Greater than 90 Days 605 230 - - 835
$ 346,512 174,611 49,548 27,131 597,802
 
December 31, 2018
(dollars in thousands) Real estate Home equity Construction Other Total
Current $ 317,267 165,727 37,925 23,603 544,522
30-59 days past due 2,555 30 - 106 2,691
60-89 days past due 923 - - 113 1,036
Greater than 90 Days 198 180 - - 378
$ 320,943 165,937 37,925 23,822 548,627
Commercial Loan [Member]  
Financing Receivable, Allowance for Credit Loss [Line Items]  
Summary of breakdown of outstanding loans by risk category

The tables below provide a breakdown of outstanding commercial loans by risk category.

     
September 30, 2019
Owner Non-owner
(dollars in thousands)       occupied RE       occupied RE       Construction       Business       Total
Pass $      389,869 472,762 75,710 283,246 1,221,587
Special mention 729 4,186 - 2,950 7,865
Substandard 2,298 4,917 - 3,958 11,173
Doubtful - - - - -
$ 392,896 481,865 75,710 290,154 1,240,625
 
December 31, 2018
Owner Non-owner
(dollars in thousands) occupied RE occupied RE Construction Business Total
Pass $ 363,621 400,266 84,411 266,898 1,115,196
Special mention 296 118 - 2,971 3,385
Substandard 3,101 3,912 - 3,111 10,124
Doubtful - - - - -
$ 367,018 404,296 84,411 272,980 1,128,705
Summary of outstanding commercial and consumer loans which include loans on nonaccrual by past due status
The following tables provide past due information for outstanding commercial loans and include loans on nonaccrual status as well as accruing TDRs.
 
                   
September 30, 2019
Owner Non-owner
(dollars in thousands) occupied RE occupied RE Construction Business Total
Current $ 392,053 479,595 75,710 289,682 1,237,040
30-59 days past due 843 102 - 274 1,219
60-89 days past due - 2,168 - - 2,168
Greater than 90 Days - - - 198 198
$ 392,896 481,865 75,710 290,154 1,240,625
 
December 31, 2018
Owner Non-owner
occupied RE occupied RE Construction Business Total
Current $ 367,018 404,179 84,411 272,864 1,128,472
30-59 days past due - 117 - 36 153
60-89 days past due - - - - -
Greater than 90 Days - - - 80 80
$ 367,018 404,296 84,411 272,980 1,128,705