LOANS

Schedule of impaired financing receivables

The Company’s total impaired loans, including nonaccrual loans, accruing TDR loans and accreting PCI loans that have experienced post-acquisition declines in cash flows expected to be collected are summarized as follows:


	Commercial		Construction		Commercial
	and industrial		and land		real estate		Residential		Consumer		Total
December 31, 2020
Recorded investment in impaired loans:
With no specific allowance recorded	$	120	$	36	$	5,689	$	2,040	$	—	$	7,885
With a specific allowance recorded		728		—		451		155		—		1,334
Total recorded investment in impaired loans	$	848	$	36	$	6,140	$	2,195	$	—	$	9,219
Specific allowance on impaired loans		420		—		77		24		—		521
December 31, 2019
Recorded investment in impaired loans:
With no specific allowance recorded	$	436	$	2,737	$	2,505	$	1,488	$	1	$	7,167
With a specific allowance recorded		182		—		270		—		12		464
Total recorded investment in impaired loans	$	618	$	2,737	$	2,775	$	1,488	$	13	$	7,631
Specific allowance on impaired loans		95		—		64		—		12		171

Year ended December 31, 2020
Average recorded investment in impaired loans		$ 844		$ 2,095		$ 3,468		$ 1,731		$ 2		$ 8,140
Interest recognized		4		151		46		—		—		201
Year ended December 31, 2019
Average recorded investment in impaired loans		1,893		1,369		2,131		593		3		5,989
Interest recognized		34		—		33		6		—		73

Schedule of financing receivable credit quality indicators

The following tables represent the internally assigned risk grade by class of loans at the years indicated:


			Special
	Pass		Mention		Substandard		Doubtful		Total
December 31, 2020
Commercial and industrial	$	295,245	$	10,466	$	4,250	$	—	$	309,961
Construction and land		22,346		313		37		—		22,696
Commercial real estate		1,112,085		26,329		6,146		—		1,144,560
Residential		161,161		1,333		2,230		—		164,724
Consumer		5,216		—		2		—		5,218
Total	$	1,596,053	$	38,441	$	12,665	$	—	$	1,647,159


			Special
	Pass		mention		Substandard		Doubtful		Total
December 31, 2019
Commercial and industrial	$	166,613	$	1,166	$	1,512	$	—	$	169,291
Construction and land		32,879		93		3,349		—		36,321
Commercial real estate		1,071,771		16,021		5,350		—		1,093,142
Residential		153,484		1,215		2,065		—		156,764
Consumer		2,541		—		21		—		2,562
Total	$	1,427,288	$	18,495	$	12,297	$	—	$	1,458,080

Schedule of purchase credit impaired loans

The unpaid principal balance and carrying value of the Company’s PCI loans at the years indicated are as follows:


	December 31, 2020				December 31, 2019
	Unpaid				Unpaid
	principal		Carrying		principal		Carrying
	balance		value		balance		value
Commercial and industrial	$	1,000	$	622	$	1,225	$	544
Construction and land		100		51		338		223
Commercial real estate		14,096		12,416		15,930		14,105
Residential		3,127		2,521		3,238		2,458
Consumer		—		—		8		2
Total	$	18,323	$	15,610	$	20,739	$	17,332