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Nature of Business and Basis of Presentation (Tables) | 6 Months Ended
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Jun. 30, 2020
Accounting Policies [Abstract] |
Schedule of breakdown of loans modified | In addition, the risk-rating on COVID-19 modified loans did not change, and these loans will not be considered past due until after the deferral period is over and scheduled payments resume. The credit quality of these loans will be reevaluated after the deferral period ends. As of June 30, 2020, $362.1 million, or 56%, of these loans have reached the end of their deferral period and are beginning to resume normal payments with a significant majority of the remaining modified loans completing their deferral period by the end of the third quarter. The table below provides a breakdown of loan modification requests due to the COVID-19 pandemic by type of concession.
|  | June 30, 2020
(dollars in thousands) |  | # Loans |  |  | Amount |  |  | % of Total Portfolio
Payment deferrals |  |  | 602 |  |  | $ | 488,984 |  |  |  | 24.0 | %
Interest only |  |  | 253 |  |  |  | 154,093 |  |  |  | 7.6 | %
Financial difficulty (TDR) |  |  | 8 |  |  |  | 4,017 |  |  |  | 0.2 | %
|  |  | 863 |  |  | $ | 647,094 |  |  |  | 31.8 | %
While most industries have and will continue to experience adverse impacts as a result of the COVID-19 pandemic, we have identified nine loan categories considered to be “at-risk” of significant impact. As of June 30, 2020, 41% of these loans have reached the end of their deferral period and are beginning to resume normal payments. The table below identifies these segments as well as the outstanding, committed and modified loan balances for each industry.
Schdeule of Identifies Segments and Outstanding, Committed and Modified Loan Balances |
|  | June 30, 2020
|  |  |  |  |  |  |  |  |  |  |  |  |  | % of |  |  |  |  |  |  |  |  |
|  |  |  |  |  | % of Total |  |  | Total |  |  | Committed |  |  | Total |  |  |  |  |
|  | Balance |  |  | Loans |  |  | Committed |  |  | Balance |  |  | Modified |  |  |  |  |
(dollars in thousands) |  | Outstanding |  |  | Outstanding |  |  | Balance |  |  | Outstanding |  |  | Balance |  |  | % Modified |
Religious organizations |  | $ | 60,088 |  |  |  | 3.0 | % |  |  | 90,439 |  |  |  | 66.4 | % |  |  | 33,671 |  |  |  | 54.4 | %
Entertainment facilities |  |  | 4,745 |  |  |  | 0.2 | % |  |  | 9,325 |  |  |  | 50.9 | % |  |  | 845 |  |  |  | 17.8 | %
Hotels |  |  | 84,163 |  |  |  | 4.1 | % |  |  | 104,049 |  |  |  | 80.9 | % |  |  | 74,383 |  |  |  | 88.4 | %
Personal care businesses |  |  | 1,356 |  |  |  | 0.1 | % |  |  | 1,395 |  |  |  | 97.2 | % |  |  | 572 |  |  |  | 42.2 | %
Restaurants |  |  | 14,467 |  |  |  | 0.7 | % |  |  | 15,977 |  |  |  | 90.5 | % |  |  | 9,889 |  |  |  | 68.4 | %
Sports facilities |  |  | 22,098 |  |  |  | 1.1 | % |  |  | 22,768 |  |  |  | 97.1 | % |  |  | 21,064 |  |  |  | 95.3 | %
Travel related businesses |  |  | 3,325 |  |  |  | 0.2 | % |  |  | 4,082 |  |  |  | 81.5 | % |  |  | 3,080 |  |  |  | 92.6 | %
Private healthcare facilities |  |  | 36,054 |  |  |  | 1.8 | % |  |  | 41,116 |  |  |  | 87.7 | % |  |  | 24,857 |  |  |  | 68.9 | %
Non-essential retail |  |  | 191,674 |  |  |  | 9.4 | % |  |  | 199,873 |  |  |  | 95.9 | % |  |  | 108,508 |  |  |  | 56.6 | %
Total |  | $ | 417,970 |  |  |  | 20.5 | % |  |  | 489,024 |  |  |  | 85.5 | % |  |  | 276,869 |  |  |  | 66.2 | %

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