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Loans and Allowance for Loan Losses (Tables) | 6 Months Ended
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Jun. 30, 2021
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 $4.2 million as of June 30, 2021 and December 31, 2020.
|  | June 30, 2021 |  |  | December 31, 2020 |
(dollars in thousands) |  | Amount |  |  | % of Total |  |  | Amount |  |  | % of Total |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner occupied RE |  | $ | 452,130 |  |  |  | 20.1 | % |  | $ | 433,320 |  |  |  | 20.2 | %
Non-owner occupied RE |  |  | 600,094 |  |  |  | 26.6 | % |  |  | 585,269 |  |  |  | 27.3 | %
Construction |  |  | 60,786 |  |  |  | 2.7 | % |  |  | 61,467 |  |  |  | 2.9 | %
Business |  |  | 307,933 |  |  |  | 13.7 | % |  |  | 307,599 |  |  |  | 14.4 | %
Total commercial loans |  |  | 1,420,943 |  |  |  | 63.1 | % |  |  | 1,387,655 |  |  |  | 64.8 | %
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate |  |  | 605,026 |  |  |  | 26.8 | % |  |  | 536,311 |  |  |  | 25.0 | %
Home equity |  |  | 149,789 |  |  |  | 6.7 | % |  |  | 156,957 |  |  |  | 7.3 | %
Construction |  |  | 48,077 |  |  |  | 2.1 | % |  |  | 40,525 |  |  |  | 1.9 | %
Other |  |  | 30,300 |  |  |  | 1.3 | % |  |  | 21,419 |  |  |  | 1.0 | %
Total consumer loans |  |  | 833,192 |  |  |  | 36.9 | % |  |  | 755,212 |  |  |  | 35.2 | %
Total gross loans, net of deferred fees |  |  | 2,254,135 |  |  |  | 100.0 | % |  |  | 2,142,867 |  |  |  | 100.0 | %
Less—allowance for loan losses |  |  | (41,912 | ) |  |  |  |  |  |  | (44,149 | ) |  |  |  |
Total loans, net |  | $ | 2,212,223 |  |  |  |  |  |  | $ | 2,098,718 |  |  |  |  |
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.
|  | June 30, 2021
|  |  |  |  |  | After one |  |  |  |  |  |  |  |
|  | One year |  |  | but within |  |  | After five |  |  |  |
(dollars in thousands) |  | or less |  |  | five years |  |  | years |  |  | Total
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner occupied RE |  | $ | 17,627 |  |  |  | 133,316 |  |  |  | 301,187 |  |  |  | 452,130
Non-owner occupied RE |  |  | 34,352 |  |  |  | 324,514 |  |  |  | 241,228 |  |  |  | 600,094
Construction |  |  | 18,887 |  |  |  | 15,966 |  |  |  | 25,933 |  |  |  | 60,786
Business |  |  | 70,728 |  |  |  | 140,607 |  |  |  | 96,598 |  |  |  | 307,933
Total commercial loans |  |  | 141,594 |  |  |  | 614,403 |  |  |  | 664,946 |  |  |  | 1,420,943
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate |  |  | 11,848 |  |  |  | 51,828 |  |  |  | 541,350 |  |  |  | 605,026
Home equity |  |  | 3,065 |  |  |  | 22,918 |  |  |  | 123,806 |  |  |  | 149,789
Construction |  |  | 2,688 |  |  |  | 1,531 |  |  |  | 43,858 |  |  |  | 48,077
Other |  |  | 8,882 |  |  |  | 17,394 |  |  |  | 4,024 |  |  |  | 30,300
Total consumer loans |  |  | 26,483 |  |  |  | 93,671 |  |  |  | 713,038 |  |  |  | 833,192
Total gross loans, net of deferred fees |  | $ | 168,077 |  |  |  | 708,074 |  |  |  | 1,377,984 |  |  |  | 2,254,135
Loans maturing after one year with: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed interest rates |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,741,543
Floating interest rates |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 344,515
13
|  | December 31, 2020
|  |  |  |  |  | After one |  |  |  |  |  |  |  |
|  | One year |  |  | but within |  |  | After five |  |  |  |
(dollars in thousands) |  | or less |  |  | five years |  |  | years |  |  | Total
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner occupied RE |  | $ | 22,232 |  |  |  | 136,031 |  |  |  | 275,057 |  |  |  | 433,320
Non-owner occupied RE |  |  | 39,359 |  |  |  | 335,249 |  |  |  | 210,661 |  |  |  | 585,269
Construction |  |  | 21,824 |  |  |  | 15,785 |  |  |  | 23,858 |  |  |  | 61,467
Business |  |  | 76,662 |  |  |  | 140,959 |  |  |  | 89,978 |  |  |  | 307,599
Total commercial loans |  |  | 160,077 |  |  |  | 628,024 |  |  |  | 599,554 |  |  |  | 1,387,655
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate |  |  | 14,205 |  |  |  | 54,863 |  |  |  | 467,243 |  |  |  | 536,311
Home equity |  |  | 4,824 |  |  |  | 23,835 |  |  |  | 128,298 |  |  |  | 156,957
Construction |  |  | 1,629 |  |  |  | 1,234 |  |  |  | 37,662 |  |  |  | 40,525
Other |  |  | 6,438 |  |  |  | 11,413 |  |  |  | 3,568 |  |  |  | 21,419
Total consumer |  |  | 27,096 |  |  |  | 91,345 |  |  |  | 636,771 |  |  |  | 755,212
Total gross loan, net of deferred fees |  | $ | 187,173 |  |  |  | 719,369 |  |  |  | 1,236,325 |  |  |  | 2,142,867
Loans maturing after one year with: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed interest rates |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,590,171
Floating interest rates |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 365,523
Schedule of Nonperforming Assets, Including Nonaccruing TDRs | Following is a summary of our nonperforming assets, including nonaccruing TDRs.
(dollars in thousands) |  | June 30, 2021 |  |  | December 31, 2020 |
Commercial |  |  |  |  |  |  |  |
Owner occupied RE |  | $ | - |  |  |  | - |
Non-owner occupied RE |  |  | 1,048 |  |  |  | 1,143 |
Construction |  |  | - |  |  |  | 139 |
Business |  |  | 37 |  |  |  | 195 |
Consumer |  |  |  |  |  |  |  |
Real estate |  |  | 2,372 |  |  |  | 2,536 |
Home equity |  |  | 426 |  |  |  | 547 |
Construction |  |  | - |  |  |  | - |
Other |  |  | - |  |  |  | - |
Nonaccruing troubled debt restructurings |  |  | 2,883 |  |  |  | 3,509 |
Total nonaccrual loans, including nonaccruing TDRs |  |  | 6,766 |  |  |  | 8,069 |
Other real estate owned |  |  | 366 |  |  |  | 1,169 |
Total nonperforming assets |  | $ | 7,132 |  |  |  | 9,238 |
Nonperforming assets as a percentage of: |  |  |  |  |  |  |  |
Total assets |  |  | 0.27 | % |  |  | 0.37 | %
Gross loans |  |  | 0.32 | % |  |  | 0.43 | %
Total loans over 90 days past due |  | $ | 1,332 |  |  |  | 2,296 |
Loans over 90 days past due and still accruing |  |  | - |  |  |  | - |
Accruing troubled debt restructurings |  |  | 4,621 |  |  |  | 4,893 |
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.
|  |  |  |  |  | June 30, 2021
|  |  |  |  |  | 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 |  | $ | 1,268 |  |  |  | 1,268 |  |  |  | 1,268 |  |  |  | - |  |  |  | -
Non-owner occupied RE |  |  | 3,163 |  |  |  | 2,013 |  |  |  | 996 |  |  |  | 1,017 |  |  |  | 303
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
Business |  |  | 2,116 |  |  |  | 2,027 |  |  |  | 124 |  |  |  | 1,903 |  |  |  | 817
Total commercial |  |  | 6,547 |  |  |  | 5,308 |  |  |  | 2,388 |  |  |  | 2,920 |  |  |  | 1,120
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate |  |  | 4,685 |  |  |  | 4,282 |  |  |  | 2,829 |  |  |  | 1,453 |  |  |  | 394
Home equity |  |  | 1,883 |  |  |  | 1,668 |  |  |  | 1,610 |  |  |  | 58 |  |  |  | 58
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
Other |  |  | 129 |  |  |  | 129 |  |  |  | - |  |  |  | 129 |  |  |  | 16
Total consumer |  |  | 6,697 |  |  |  | 6,079 |  |  |  | 4,439 |  |  |  | 1,640 |  |  |  | 468
Total |  | $ | 13,244 |  |  |  | 11,387 |  |  |  | 6,828 |  |  |  | 4,560 |  |  |  | 1,588
|  |  |  |  | December 31, 2020
|  |  |  |  | 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 |  | $ | 1,753 |  | 1,649 |  |  |  | 1,497 |  |  |  | 152 |  |  |  | 76
Non-owner occupied RE |  |  | 3,212 |  | 2,188 |  |  |  | 705 |  |  |  | 1,483 |  |  |  | 366
Construction |  |  | 141 |  | 139 |  |  |  | 139 |  |  |  | - |  |  |  | -
Business |  |  | 2,892 |  | 2,449 |  |  |  | 279 |  |  |  | 2,170 |  |  |  | 897
Total commercial |  |  | 7,998 |  | 6,425 |  |  |  | 2,620 |  |  |  | 3,805 |  |  |  | 1,339
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate |  |  | 4,362 |  | 4,031 |  |  |  | 3,108 |  |  |  | 923 |  |  |  | 190
Home equity |  |  | 2,498 |  | 2,371 |  |  |  | 2,096 |  |  |  | 275 |  |  |  | 163
Construction |  |  | - |  | - |  |  |  | - |  |  |  | - |  |  |  | -
Other |  |  | 135 |  | 135 |  |  |  | - |  |  |  | 135 |  |  |  | 17
Total consumer |  |  | 6,995 |  | 6,537 |  |  |  | 5,204 |  |  |  | 1,333 |  |  |  | 370
Total |  | $ | 14,993 |  | 12,962 |  |  |  | 7,824 |  |  |  | 5,138 |  |  |  | 1,709
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 June 30, 2021 |  |  |  | Three months ended June 30, 2020
|  | Average |  |  | Recognized |  |  | Average |  |  | Recognized
|  | recorded |  |  | interest |  |  | recorded |  |  | interest
(dollars in thousands) |  | investment |  |  | income |  |  | investment |  |  | income
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner occupied RE |  | $ | 1,379 |  |  |  | 16 |  |  |  | 2,722 |  |  |  | 14
Non-owner occupied RE |  |  | 2,073 |  |  |  | 32 |  |  |  | 6,078 |  |  |  | 39
Construction |  |  | 68 |  |  |  | - |  |  |  | - |  |  |  | -
Business |  |  | 2,118 |  |  |  | 20 |  |  |  | 2,534 |  |  |  | 19
Total commercial |  |  | 5,638 |  |  |  | 68 |  |  |  | 11,334 |  |  |  | 72
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate |  |  | 4,337 |  |  |  | 60 |  |  |  | 3,052 |  |  |  | 15
Home equity |  |  | 1,679 |  |  |  | 18 |  |  |  | 2,287 |  |  |  | 5
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
Other |  |  | 131 |  |  |  | 1 |  |  |  | 142 |  |  |  | 1
Total consumer |  |  | 6,147 |  |  |  | 79 |  |  |  | 5,481 |  |  |  | 21
Total |  | $ | 11,785 |  |  |  | 147 |  |  |  | 16,815 |  |  |  | 93
|  | Six months ended |  |  |  | Six months ended |  |  |  | Year ended
|  | June 30, 2021 |  |  |  | June 30, 2020 |  |  |  | December 31, 2020
|  | 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 |  | $ | 1,469 |  |  |  | 32 |  |  |  | 2,723 |  |  |  | 33 |  |  |  | 2,423 |  |  |  | 88
Non-owner occupied RE |  |  | 2,111 |  |  |  | 94 |  |  |  | 6,098 |  |  |  | 102 |  |  |  | 4,217 |  |  |  | 221
Construction |  |  | 91 |  |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | 56 |  |  |  | 6
Business |  |  | 2,229 |  |  |  | 54 |  |  |  | 2,545 |  |  |  | 47 |  |  |  | 2,306 |  |  |  | 243
Total commercial |  |  | 5,900 |  |  |  | 182 |  |  |  | 11,366 |  |  |  | 182 |  |  |  | 9,002 |  |  |  | 558
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate |  |  | 4,235 |  |  |  | 103 |  |  |  | 3,057 |  |  |  | 40 |  |  |  | 3,372 |  |  |  | 170
Home equity |  |  | 1,910 |  |  |  | 34 |  |  |  | 2,288 |  |  |  | 17 |  |  |  | 2,128 |  |  |  | 5
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
Other |  |  | 132 |  |  |  | 2 |  |  |  | 144 |  |  |  | 2 |  |  |  | 141 |  |  |  | 79
Total consumer |  |  | 6,277 |  |  |  | 139 |  |  |  | 5,489 |  |  |  | 59 |  |  |  | 5,641 |  |  |  | 254
Total |  | $ | 12,177 |  |  |  | 321 |  |  |  | 16,855 |  |  |  | 241 |  |  |  | 14,643 |  |  |  | 812
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 June 30, 2021
|  | 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 |  | $ | 7,154 |  |  |  | 15,195 |  |  |  | 827 |  |  |  | 6,848 |  |  |  | 9,666 |  |  |  | 2,688 |  |  |  | 685 |  |  |  | 436 |  |  |  | 43,499 |
Provision for loan losses |  |  | (149 | ) |  |  | (2,096 | ) |  |  | 124 |  |  |  | (226 | ) |  |  | 362 |  |  |  | (129 | ) |  |  | 68 |  |  |  | 146 |  |  |  | (1,900 | )
Loan charge-offs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (8 | ) |  |  | (8 | )
Loan recoveries |  |  | 94 |  |  |  | 124 |  |  |  | - |  |  |  | 100 |  |  |  | - |  |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | 321 |
Net loan charge-offs |  |  | 94 |  |  |  | 124 |  |  |  | - |  |  |  | 100 |  |  |  | - |  |  |  | 3 |  |  |  | - |  |  |  | (8 | ) |  |  | 313 |
Balance, end of period |  | $ | 7,099 |  |  |  | 13,223 |  |  |  | 951 |  |  |  | 6,722 |  |  |  | 10,028 |  |  |  | 2,562 |  |  |  | 753 |  |  |  | 574 |  |  |  | 41,912 |
Net charge-offs (recoveries) to average loans   (annualized) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (0.06 | )%
Allowance for loan losses to gross loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.86 | %
Allowance for loan losses to nonperforming loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 619.47 | %
|  | Three months ended June 30, 2020
|  | 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 |  | $ | 4,005 |  |  |  | 5,794 |  |  |  | 694 |  |  |  | 4,714 |  |  |  | 4,606 |  |  |  | 1,896 |  |  |  | 415 |  |  |  | 338 |  |  |  | 22,462 |
Provision for loan losses |  |  | 1,795 |  |  |  | 3,909 |  |  |  | 283 |  |  |  | 1,282 |  |  |  | 1,925 |  |  |  | 745 |  |  |  | 200 |  |  |  | 61 |  |  |  | 10,200 |
Loan charge-offs |  |  | - |  |  |  | (912 | ) |  |  | - |  |  |  | (170 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (1,082 | )
Loan recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 15 |  |  |  | 7 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 22 |
Net loan charge-offs |  |  | - |  |  |  | (912 | ) |  |  | - |  |  |  | (155 | ) |  |  | 7 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (1,060 | )
Balance, end of period |  | $ | 5,800 |  |  |  | 8,791 |  |  |  | 977 |  |  |  | 5,841 |  |  |  | 6,538 |  |  |  | 2,641 |  |  |  | 615 |  |  |  | 399 |  |  |  | 31,602 |
Net charge-offs to average loans (annualized) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.24 | %
Allowance for loan losses to gross   loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.55 | %
Allowance for loan losses to   nonperforming loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 350.74 | %
|  | Six months ended June 30, 2021
|  | 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 |  | $ | 8,145 |  |  |  | 12,049 |  |  |  | 1,154 |  |  |  | 7,845 |  |  |  | 10,453 |  |  |  | 3,249 |  |  |  | 747 |  |  |  | 507 |  |  |  | 44,149 |
Provision for loan losses |  |  | (1,140 | ) |  |  | 1,050 |  |  |  | (203 | ) |  |  | (1,011 | ) |  |  | (425 | ) |  |  | (552 | ) |  |  | 6 |  |  |  | 75 |  |  |  | (2,200 | )
Loan charge-offs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (268 | ) |  |  | - |  |  |  | (139 | ) |  |  | - |  |  |  | (8 | ) |  |  | (415 | )
Loan recoveries |  |  | 94 |  |  |  | 124 |  |  |  | - |  |  |  | 156 |  |  |  | - |  |  |  | 4 |  |  |  | - |  |  |  | - |  |  |  | 378 |
Net loan charge-offs |  |  | 94 |  |  |  | 124 |  |  |  | - |  |  |  | (112 | ) |  |  | - |  |  |  | (135 | ) |  |  | - |  |  |  | (8 | ) |  |  | (37 | )
Balance, end of period |  | $ | 7,099 |  |  |  | 13,223 |  |  |  | 951 |  |  |  | 6,722 |  |  |  | 10,028 |  |  |  | 2,562 |  |  |  | 753 |  |  |  | 574 |  |  |  | 41,912 |
Net charge-offs to average loans (annualized) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.00 | %
|  | Six months ended June 30, 2020
|  | 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 |  | $ | 2,835 |  |  |  | 4,304 |  |  |  | 541 |  |  |  | 3,692 |  |  |  | 3,278 |  |  |  | 1,447 |  |  |  | 268 |  |  |  | 277 |  |  |  | 16,642 |
Provision for loan losses |  |  | 2,965 |  |  |  | 5,620 |  |  |  | 436 |  |  |  | 2,288 |  |  |  | 3,251 |  |  |  | 1,126 |  |  |  | 347 |  |  |  | 167 |  |  |  | 16,200 |
Loan charge-offs |  |  | - |  |  |  | (1,133 | ) |  |  | - |  |  |  | (170 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (45 | ) |  |  | (1,348 | )
Loan recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 31 |  |  |  | 9 |  |  |  | 68 |  |  |  | - |  |  |  | - |  |  |  | 108 |
Net loan charge-offs |  |  | - |  |  |  | (1,133 | ) |  |  | - |  |  |  | (139 | ) |  |  | 9 |  |  |  | 68 |  |  |  | - |  |  |  | (45 | ) |  |  | (1,240 | )
Balance, end of period |  | $ | 5,800 |  |  |  | 8,791 |  |  |  | 977 |  |  |  | 5,841 |  |  |  | 6,538 |  |  |  | 2,641 |  |  |  | 615 |  |  |  | 399 |  |  |  | 31,602 |
Net charge-offs to average loans (annualized) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.12 | %
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.
|  | June 30, 2021
|  | Allowance for loan losses |  | Recorded investment in loans
(dollars in thousands) |  | Commercial |  | Consumer |  | Total |  | Commercial |  | Consumer |  | Total
Individually evaluated |  | $ | 1,454 |  | 134 |  | 1,588 |  | 5,308 |  | 6,079 |  | 11,387
Collectively evaluated |  |  | 26,536 |  | 13,788 |  | 40,324 |  | 1,415,635 |  | 827,113 |  | 2,242,748
Total |  | $ | 27,995 |  | 13,917 |  | 41,912 |  | 1,420,943 |  | 833,192 |  | 2,254,135
|  | December 31, 2020
|  | Allowance for loan losses |  | Recorded investment in loans
(dollars in thousands) |  | Commercial |  | Consumer |  | Total |  | Commercial |  | Consumer |  | Total
Individually evaluated |  | $ | 1,339 |  | 370 |  | 1,709 |  | 6,425 |  | 6,537 |  | 12,962
Collectively evaluated |  |  | 27,826 |  | 14,614 |  | 42,440 |  | 1,381,230 |  | 748,675 |  | 2,129,905
Total |  | $ | 29,165 |  | 14,984 |  | 44,149 |  | 1,387,655 |  | 755,212 |  | 2,142,867
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.
|  | June 30, 2021
(dollars in thousands) |  | Real estate |  |  | Home equity |  |  | Construction |  |  | Other |  |  | Total
Pass |  | $ | 597,139 |  |  |  | 143,545 |  |  |  | 48,077 |  |  |  | 30,100 |  |  |  | 818,861
Special mention |  |  | 3,465 |  |  |  | 3,773 |  |  |  | - |  |  |  | 152 |  |  |  | 7,390
Substandard |  |  | 4,422 |  |  |  | 2,471 |  |  |  | - |  |  |  | 48 |  |  |  | 6,941
Doubtful |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
|  | $ | 605,026 |  |  |  | 149,789 |  |  |  | 48,077 |  |  |  | 30,300 |  |  |  | 833,192
|  | December 31, 2020
(dollars in thousands) |  | Real estate |  |  | Home equity |  |  | Construction |  |  | Other |  |  | Total
Pass |  | $ | 530,515 |  |  |  | 152,154 |  |  |  | 40,525 |  |  |  | 21,290 |  |  |  | 744,484
Special mention |  |  | 1,968 |  |  |  | 1,005 |  |  |  | - |  |  |  | 91 |  |  |  | 3,064
Substandard |  |  | 3,828 |  |  |  | 3,798 |  |  |  | - |  |  |  | 38 |  |  |  | 7,664
Doubtful |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
|  | $ | 536,311 |  |  |  | 156,957 |  |  |  | 40,525 |  |  |  | 21,419 |  |  |  | 755,212
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.
|  | June 30, 2021
(dollars in thousands) |  | Real estate |  |  | Home equity |  |  | Construction |  |  | Other |  |  | Total
Current |  | $ | 603,357 |  |  |  | 148,875 |  |  |  | 48,077 |  |  |  | 30,300 |  |  |  | 830,609
30-59 days past due |  |  | 522 |  |  |  | 438 |  |  |  | - |  |  |  | - |  |  |  | 960
60-89 days past due |  |  | 537 |  |  |  | 286 |  |  |  | - |  |  |  | - |  |  |  | 823
Greater than 90 Days |  |  | 610 |  |  |  | 190 |  |  |  | - |  |  |  | - |  |  |  | 800
|  | $ | 605,026 |  |  |  | 149,789 |  |  |  | 48,077 |  |  |  | 30,300 |  |  |  | 833,192
|  | December 31, 2020
(dollars in thousands) |  | Real estate |  |  | Home equity |  |  | Construction |  |  | Other |  |  | Total
Current |  | $ | 534,648 |  |  |  | 156,657 |  |  |  | 40,525 |  |  |  | 21,419 |  |  |  | 753,249
30-59 days past due |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
60-89 days past due |  |  | 332 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 332
Greater than 90 Days |  |  | 1,331 |  |  |  | 300 |  |  |  | - |  |  |  | - |  |  |  | 1,631
|  | $ | 536,311 |  |  |  | 156,957 |  |  |  | 40,525 |  |  |  | 21,419 |  |  |  | 755,212
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.
|  | June 30, 2021
|  | Owner |  |  | Non-owner |  |  |  |  |  |  |  |  |  |  |  |
(dollars in thousands) |  | occupied RE |  |  | occupied RE |  |  | Construction |  |  | Business |  |  | Total
Pass |  | $ | 451,044 |  |  |  | 522,211 |  |  |  | 60,786 |  |  |  | 302,451 |  |  |  | 1,336,492
Special mention |  |  | 780 |  |  |  | 48,970 |  |  |  | - |  |  |  | 1,317 |  |  |  | 51,067
Substandard |  |  | 306 |  |  |  | 28,913 |  |  |  | - |  |  |  | 4,165 |  |  |  | 33,384
Doubtful |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
|  | $ | 452,130 |  |  |  | 600,094 |  |  |  | 60,786 |  |  |  | 307,933 |  |  |  | 1,420,943
|  | December 31, 2020
|  | Owner |  |  | Non-owner |  |  |  |  |  |  |  |  |  |  |  |
(dollars in thousands) |  | occupied RE |  |  | occupied RE |  |  | Construction |  |  | Business |  |  | Total
Pass |  | $ | 430,291 |  |  |  | 576,095 |  |  |  | 61,328 |  |  |  | 301,838 |  |  |  | 1,369,552
Special mention |  |  | 624 |  |  |  | 587 |  |  |  | - |  |  |  | 1,703 |  |  |  | 2,914
Substandard |  |  | 2,405 |  |  |  | 8,587 |  |  |  | 139 |  |  |  | 4,058 |  |  |  | 15,189
Doubtful |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
|  | $ | 433,320 |  |  |  | 585,269 |  |  |  | 61,467 |  |  |  | 307,599 |  |  |  | 1,387,655
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.
|  | June 30, 2021
|  | Owner |  |  | Non-owner |  |  |  |  |  |  |  |  |  |  |  |
(dollars in thousands) |  | occupied RE |  |  | occupied RE |  |  | Construction |  |  | Business |  |  | Total
Current |  | $ | 452,130 |  |  |  | 599,598 |  |  |  | 60,786 |  |  |  | 307,862 |  |  |  | 1,420,376
30-59 days past due |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 35 |  |  |  | 35
60-89 days past due |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | -
Greater than 90 Days |  |  | - |  |  |  | 496 |  |  |  | - |  |  |  | 36 |  |  |  | 532
|  | $ | 452,130 |  |  |  | 600,094 |  |  |  | 60,786 |  |  |  | 307,933 |  |  |  | 1,420,943
|  | December 31, 2020
|  | Owner |  |  | Non-owner |  |  |  |  |  |  |  |  |  |  |  |
(dollars in thousands) |  | occupied RE |  |  | occupied RE |  |  | Construction |  |  | Business |  |  | Total
Current |  | $ | 432,711 |  |  |  | 584,565 |  |  |  | 61,467 |  |  |  | 307,261 |  |  |  | 1,386,004
30-59 days past due |  |  | 403 |  |  |  | 282 |  |  |  | - |  |  |  | 35 |  |  |  | 720
60-89 days past due |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 266 |  |  |  | 266
Greater than 90 Days |  |  | 206 |  |  |  | 422 |  |  |  | - |  |  |  | 37 |  |  |  | 665
|  | $ | 433,320 |  |  |  | 585,269 |  |  |  | 61,467 |  |  |  | 307,599 |  |  |  | 1,387,655

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