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LOANS (Tables)
6 Months Ended
Jun. 30, 2021
LOANS  
Summary of loans outstanding

Summary of Loans by Type

(In Thousands)

    

June 30, 

    

December 31, 

2021

2020

Commercial:

 

  

 

  

Commercial loans secured by real estate

$

544,202

$

531,810

Commercial and industrial

 

158,907

 

159,577

Paycheck Protection Program - 1st Draw

37,902

132,269

Paycheck Protection Program - 2nd Draw

72,409

0

Political subdivisions

 

48,849

 

53,221

Commercial construction and land

 

43,178

 

42,874

Loans secured by farmland

 

10,950

 

11,736

Multi-family (5 or more) residential

 

51,916

 

55,811

Agricultural loans

 

2,379

 

3,164

Other commercial loans

 

14,711

 

17,289

Total commercial

 

985,403

 

1,007,751

Residential mortgage:

 

  

 

  

Residential mortgage loans - first liens

507,579

532,947

Residential mortgage loans - junior liens

 

25,287

 

27,311

Home equity lines of credit

 

39,432

 

39,301

1-4 Family residential construction

 

23,567

 

20,613

Total residential mortgage

 

595,865

 

620,172

Consumer

 

16,588

 

16,286

Total

 

1,597,856

 

1,644,209

Less: allowance for loan losses

 

(12,375)

 

(11,385)

Loans, net

$

1,585,481

$

1,632,824

Schedule of quantity and balances of modification

Deferrals Remaining

As of June 30, 2021

(Dollars in Thousands)

Number

Purchased

of

Special

Credit

    

Loans

    

Pass

    

Mention

Impaired

    

Total

COVID-19-related loan modifications:

Commercial

Accommodation and food services - hotels

1

$

0

$

3,094

$

0

$

3,094

Lessors of residential buildings and dwellings

3

113

0

1,557

1,670

Transportation and warehousing

4

1,197

0

0

1,197

Real estate rental and leasing - other

1

438

0

0

438

Total commercial

9

1,748

3,094

1,557

6,399

Residential mortgage

3

254

0

0

254

Total

12

$

2,002

$

3,094

$

1,557

$

6,653

Schedule of adjustments to the initial market rate and credit fair value adjustments recognized

(In Thousands)

    

    

    

    

Three Months Ended

Six Months Ended

June 30, 

June 30, 

June 30, 

June 30, 

2021

2020

2021

2020

Market Rate Adjustment

 

  

 

  

 

  

 

  

Adjustments to gross amortized cost of loans at beginning of period

$

352

$

(1,268)

$

718

$

(1,415)

(Amortization) accretion recognized in interest income

(357)

165

(723)

312

Adjustments to gross amortized cost of loans at end of period

$

(5)

$

(1,103)

$

(5)

$

(1,103)

Credit Adjustment on Non-impaired Loans

Adjustments to gross amortized cost of loans at beginning of period

$

(5,182)

$

(1,011)

$

(5,979)

$

(1,216)

Accretion recognized in interest income

 

680

 

133

 

1,477

 

338

Adjustments to gross amortized cost of loans at end of period

$

(4,502)

$

(878)

$

(4,502)

$

(878)

Schedule of PCI loans

(In Thousands)

June 30, 

December 31, 

    

2021

    

2020

Outstanding balance

$

10,189

$

10,316

Carrying amount

 

6,733

 

6,841

Schedule of transactions within the allowance for loan losses

Three Months Ended June 30, 2021

March 31, 2021

    

    

    

    

    

    

    

June 30, 2021

(In Thousands)

    

Balance

    

 Charge-offs 

    

 Recoveries 

    

 Provision (Credit) 

    

Balance

Allowance for Loan Losses:

 

  

  

  

  

  

Commercial:

 

  

 

  

 

  

 

  

 

  

Commercial loans secured by real estate

$

3,350

$

0

$

2

$

100

$

3,452

Commercial and industrial

 

2,187

 

0

 

0

 

594

 

2,781

Commercial construction and land

 

476

 

0

 

0

 

(24)

 

452

Loans secured by farmland

 

111

 

0

 

0

 

2

 

113

Multi-family (5 or more) residential

 

255

 

0

 

0

 

(105)

 

150

Agricultural loans

 

26

 

0

 

0

 

(1)

 

25

Other commercial loans

 

159

 

0

 

0

 

(14)

 

145

Total commercial

 

6,564

 

0

 

2

 

552

 

7,118

Residential mortgage:

 

  

  

  

  

  

Residential mortgage loans - first liens

3,507

(11)

1

39

3,536

Residential mortgage loans - junior liens

 

334

 

0

 

0

 

(7)

 

327

Home equity lines of credit

 

281

 

0

 

1

 

12

 

294

1-4 Family residential construction

 

78

 

0

 

0

 

120

 

198

Total residential mortgage

 

4,200

 

(11)

 

2

 

164

4,355

Consumer

 

220

 

(36)

 

13

 

34

 

231

Unallocated

 

677

 

0

 

0

 

(6)

 

671

Total Allowance for Loan Losses

$

11,661

$

(47)

$

17

$

744

$

12,375

Three Months Ended June 30, 2020

March 31, 2020

    

    

    

    

    

    

    

June 30, 2020

(In Thousands)

    

Balance

    

 Charge-offs 

    

 Recoveries 

    

 Provision (Credit) 

    

Balance

Allowance for Loan Losses:

 

  

  

  

  

  

Commercial:

 

  

 

  

 

  

 

  

 

  

Commercial loans secured by real estate

$

1,932

$

0

$

0

$

494

$

2,426

Commercial and industrial

 

2,645

 

0

 

0

 

(149)

 

2,496

Commercial construction and land

 

970

 

(107)

 

0

 

(443)

 

420

Loans secured by farmland

 

144

 

0

 

0

 

2

 

146

Multi-family (5 or more) residential

 

199

 

0

 

0

 

(36)

 

163

Agricultural loans

 

39

 

0

 

0

 

1

 

40

Other commercial loans

 

160

 

0

 

0

 

7

 

167

Total commercial

 

6,089

 

(107)

 

0

 

(124)

 

5,858

Residential mortgage:

 

  

  

  

  

  

Residential mortgage loans - first liens

3,572

0

1

(42)

3,531

Residential mortgage loans - junior liens

 

414

 

0

 

0

 

(49)

 

365

Home equity lines of credit

 

278

 

0

 

1

 

8

 

287

1-4 Family residential construction

 

119

 

0

 

0

 

18

 

137

Total residential mortgage

 

4,383

 

0

 

2

 

(65)

 

4,320

Consumer

 

273

 

(39)

 

16

 

13

 

263

Unallocated

 

585

 

0

 

0

 

0

 

585

Total Allowance for Loan Losses

$

11,330

$

(146)

$

18

$

(176)

$

11,026

    

December 31, 

    

    

    

    

June 30, 

Six Months Ended June 30, 2021

2020

Provision

2021

(In Thousands)

Balance

Charge-offs

Recoveries

(Credit)

Balance

Allowance for Loan Losses:

  

  

  

  

  

Commercial:

 

  

 

  

 

  

 

  

 

  

Commercial loans secured by real estate

$

3,051

$

0

$

2

$

399

$

3,452

Commercial and industrial

 

2,245

 

0

 

14

 

522

 

2,781

Commercial construction and land

 

454

 

0

 

0

 

(2)

 

452

Loans secured by farmland

 

120

 

0

 

0

 

(7)

 

113

Multi-family (5 or more) residential

 

236

 

0

 

0

 

(86)

 

150

Agricultural loans

 

34

 

0

 

0

 

(9)

 

25

Other commercial loans

 

168

 

0

 

0

 

(23)

 

145

Total commercial

 

6,308

 

0

 

16

 

794

 

7,118

Residential mortgage:

 

  

 

  

 

  

 

  

 

  

Residential mortgage loans - first liens

3,524

(11)

2

21

3,536

Residential mortgage loans - junior liens

 

349

 

0

 

0

 

(22)

 

327

Home equity lines of credit

 

281

 

0

 

2

 

11

 

294

1-4 Family residential construction

 

99

 

0

 

0

 

99

 

198

Total residential mortgage

 

4,253

 

(11)

 

4

 

109

 

4,355

Consumer

 

239

 

(47)

 

25

 

14

 

231

Unallocated

 

585

 

0

 

0

 

86

 

671

Total Allowance for Loan Losses

$

11,385

$

(58)

$

45

$

1,003

$

12,375

    

December 31, 

    

    

    

    

June 30, 

Six Months Ended June 30, 2020

2019

Provision

2020

(In Thousands)

Balance

Charge-offs

Recoveries

(Credit)

Balance

Allowance for Loan Losses:

  

  

  

  

  

Commercial:

 

 

 

 

 

  

Commercial loans secured by real estate

$

1,921

$

0

$

0

$

505

$

2,426

Commercial and industrial

 

1,391

 

(17)

 

0

 

1,122

 

2,496

Commercial construction and land

 

966

 

(107)

 

0

 

(439)

 

420

Loans secured by farmland

 

158

 

0

 

0

 

(12)

 

146

Multi-family (5 or more) residential

 

156

 

0

 

0

 

7

 

163

Agricultural loans

 

41

 

0

 

0

 

(1)

 

40

Other commercial loans

 

155

 

0

 

0

 

12

 

167

Total commercial

 

4,788

 

(124)

 

0

 

1,194

 

5,858

Residential mortgage:

 

  

 

  

 

  

 

  

 

  

Residential mortgage loans - first liens

3,405

0

2

124

3,531

Residential mortgage loans - junior liens

 

384

 

0

 

1

 

(20)

 

365

Home equity lines of credit

 

276

 

0

 

2

 

9

 

287

1-4 Family residential construction

 

117

 

0

 

0

 

20

 

137

Total residential mortgage

 

4,182

 

0

 

5

 

133

 

4,320

Consumer

 

281

 

(70)

 

27

 

25

 

263

Unallocated

 

585

 

0

 

0

 

0

 

585

Total Allowance for Loan Losses

$

9,836

$

(194)

$

32

$

1,352

$

11,026

Schedule of aggregate credit quality classification of outstanding loans by risk

June 30, 2021

    

    

    

    

    

Purchased

    

(In Thousands)

Special

Credit

Pass

Mention

Substandard

Doubtful

Impaired

Total

Commercial:

 

 

 

 

 

 

Commercial loans secured by real estate

$

504,470

$

15,967

$

19,529

$

0

$

4,236

$

544,202

Commercial and Industrial

 

143,810

 

7,585

 

6,731

 

0

 

781

 

158,907

Paycheck Protection Program - 1st Draw

37,902

0

0

0

0

37,902

Paycheck Protection Program - 2nd Draw

72,409

0

0

0

0

72,409

Political subdivisions

 

48,849

 

0

 

0

 

0

 

0

 

48,849

Commercial construction and land

 

42,415

 

715

 

48

 

0

 

0

 

43,178

Loans secured by farmland

 

9,735

 

390

 

825

 

0

 

0

 

10,950

Multi-family (5 or more) residential

 

47,089

 

2,367

 

882

 

0

 

1,578

 

51,916

Agricultural loans

 

1,810

 

0

 

569

 

0

 

0

 

2,379

Other commercial loans

 

14,704

 

7

 

0

 

0

 

0

 

14,711

Total commercial

 

923,193

 

27,031

 

28,584

 

0

 

6,595

 

985,403

Residential Mortgage:

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgage loans - first liens

492,636

5,335

9,535

0

73

507,579

Residential mortgage loans - junior liens

 

24,485

 

125

 

612

 

0

 

65

 

25,287

Home equity lines of credit

 

38,739

 

59

 

634

 

0

 

0

 

39,432

1-4 Family residential construction

 

23,567

 

0

 

0

 

0

 

0

 

23,567

Total residential mortgage

 

579,427

 

5,519

 

10,781

 

0

 

138

 

595,865

Consumer

 

16,476

 

0

 

112

 

0

 

0

 

16,588

Totals

$

1,519,096

$

32,550

$

39,477

$

0

$

6,733

$

1,597,856

December 31, 2020

    

    

    

    

    

Purchased

    

(In Thousands)

Special

Credit

Pass

Mention

Substandard

Doubtful

Impaired

Total

Commercial:

 

 

 

 

 

 

Commercial loans secured by real estate

$

494,876

$

17,374

$

15,262

$

0

$

4,298

$

531,810

Commercial and Industrial

 

143,500

 

8,025

 

7,268

 

0

 

784

 

159,577

Paycheck Protection Program - 1st Draw

132,269

0

0

0

0

132,269

Political subdivisions

 

53,221

 

0

 

0

 

0

 

0

 

53,221

Commercial construction and land

 

42,110

 

715

 

49

 

0

 

0

 

42,874

Loans secured by farmland

 

10,473

 

405

 

858

 

0

 

0

 

11,736

Multi-family (5 or more) residential

 

50,563

 

2,405

 

1,229

 

0

 

1,614

 

55,811

Agricultural loans

 

2,569

 

0

 

595

 

0

 

0

 

3,164

Other commercial loans

 

17,289

 

0

 

0

 

0

 

0

 

17,289

Total commercial

 

946,870

 

28,924

 

25,261

 

0

 

6,696

 

1,007,751

Residential Mortgage:

 

  

 

  

 

  

 

  

 

  

 

  

Residential Mortgage loans - first liens

516,685

6,192

9,994

0

76

532,947

Residential Mortgage loans - junior liens

 

26,480

 

141

 

621

 

0

 

69

 

27,311

Home equity lines of credit

 

38,529

 

59

 

713

 

0

 

0

 

39,301

1-4 Family residential construction

 

20,613

 

0

 

0

 

0

 

0

 

20,613

Total residential mortgage

 

602,307

 

6,392

 

11,328

 

0

 

145

 

620,172

Consumer

 

16,172

 

0

 

114

 

0

 

0

 

16,286

Totals

$

1,565,349

$

35,316

$

36,703

$

0

$

6,841

$

1,644,209

Summary of loan balances and the related allowance for loan losses

June 30, 2021

    

Loans:

Allowance for Loan Losses:

(In Thousands)

Individually

Collectively

Individually

Collectively

  

    

Evaluated

    

Evaluated

    

Totals

    

Evaluated

    

Evaluated

    

Totals

Commercial:

 

 

 

 

 

 

Commercial loans secured by real estate

$

11,400

$

532,802

$

544,202

$

683

$

2,769

$

3,452

Commercial and industrial

 

4,654

 

154,253

 

158,907

 

654

 

2,127

 

2,781

Paycheck Protection Program - 1st Draw

 

0

 

37,902

 

37,902

 

0

 

0

 

0

Paycheck Protection Program - 2nd Draw

0

72,409

72,409

0

0

0

Political subdivisions

 

0

 

48,849

 

48,849

 

0

 

0

 

0

Commercial construction and land

 

0

 

43,178

 

43,178

 

0

 

452

 

452

Loans secured by farmland

 

84

 

10,866

 

10,950

 

0

 

113

 

113

Multi-family (5 or more) residential

 

1,578

 

50,338

 

51,916

 

0

 

150

 

150

Agricultural loans

 

0

 

2,379

 

2,379

 

0

 

25

 

25

Other commercial loans

 

0

 

14,711

 

14,711

 

0

 

145

 

145

Total commercial

 

17,716

 

967,687

 

985,403

 

1,337

 

5,781

 

7,118

Residential mortgage:

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgage loans - first liens

1,027

506,552

507,579

0

3,536

3,536

Residential mortgage loans - junior liens

 

403

 

24,884

 

25,287

 

140

 

187

 

327

Home equity lines of credit

 

0

 

39,432

 

39,432

 

0

 

294

 

294

1-4 Family residential construction

 

0

 

23,567

 

23,567

 

0

 

198

 

198

Total residential mortgage

 

1,430

 

594,435

 

595,865

 

140

 

4,215

 

4,355

Consumer

 

0

 

16,588

 

16,588

 

0

 

231

 

231

Unallocated

 

 

 

 

 

 

671

Total

$

19,146

$

1,578,710

$

1,597,856

$

1,477

$

10,227

$

12,375

December 31, 2020

    

Loans:

Allowance for Loan Losses:

(In Thousands)

Individually

Collectively

Individually

Collectively

  

    

Evaluated

    

Evaluated

    

Totals

    

Evaluated

    

Evaluated

    

Totals

Commercial:

 

 

 

 

 

 

Commercial loans secured by real estate

$

11,962

$

519,848

$

531,810

$

692

$

2,359

$

3,051

Commercial and industrial

 

1,359

 

158,218

 

159,577

 

71

 

2,174

 

2,245

Paycheck Protection Program - 1st Draw

 

0

 

132,269

 

132,269

 

0

 

0

 

0

Political subdivisions

 

0

 

53,221

 

53,221

 

0

 

0

 

0

Commercial construction and land

 

0

 

42,874

 

42,874

 

0

 

454

 

454

Loans secured by farmland

 

84

 

11,652

 

11,736

 

0

 

120

 

120

Multi-family (5 or more) residential

 

1,614

 

54,197

 

55,811

 

0

 

236

 

236

Agricultural loans

 

0

 

3,164

 

3,164

 

0

 

34

 

34

Other commercial loans

 

0

 

17,289

 

17,289

 

0

 

168

 

168

Total commercial

 

15,019

 

992,732

 

1,007,751

 

763

 

5,545

 

6,308

Residential mortgage:

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgage loans - first liens

2,385

530,562

532,947

9

3,515

3,524

Residential mortgage loans - junior liens

 

414

 

26,897

 

27,311

 

153

 

196

 

349

Home equity lines of credit

 

0

 

39,301

 

39,301

 

0

 

281

 

281

1-4 Family residential construction

 

0

 

20,613

 

20,613

 

0

 

99

 

99

Total residential mortgage

 

2,799

 

617,373

 

620,172

 

162

 

4,091

 

4,253

Consumer

 

0

 

16,286

 

16,286

 

0

 

239

 

239

Unallocated

 

 

 

 

 

 

585

Total

$

17,818

$

1,626,391

$

1,644,209

$

925

$

9,875

$

11,385

Summary of information related to impaired loans

(In Thousands)

June 30, 2021

December 31, 2020

Unpaid

Unpaid

Principal

Recorded

Related

Principal

Recorded

Related

    

Balance

    

Investment

    

Allowance

    

Balance

    

Investment

    

Allowance

With no related allowance recorded:

 

  

 

  

 

  

 

  

 

  

 

  

Commercial loans secured by real estate

$

6,667

$

4,909

$

0

$

7,168

$

5,398

$

0

Commercial and industrial

 

1,636

 

1,235

 

0

 

1,781

 

1,287

 

0

Residential mortgage loans - first liens

736

648

0

1,248

1,248

0

Residential mortgage loans - junior liens

 

151

 

98

 

0

 

160

 

105

 

0

Loans secured by farmland

 

84

 

84

 

0

 

84

 

84

 

0

Multi-family (5 or more) residential

2,734

1,578

0

2,770

1,614

0

Total with no related allowance recorded

 

12,008

 

8,552

 

0

 

13,211

 

9,736

 

0

With a related allowance recorded:

 

 

 

 

 

 

Commercial loans secured by real estate

6,491

6,491

683

6,501

6,501

691

Commercial and industrial

 

3,419

 

3,419

 

654

 

72

 

72

 

72

Residential mortgage loans - first liens

 

379

 

379

 

0

 

1,200

 

1,200

 

9

Residential mortgage loans - junior liens

 

305

 

305

 

140

 

309

 

309

 

153

Total with a related allowance recorded

 

10,594

 

10,594

 

1,477

 

8,082

 

8,082

 

925

Total

$

22,602

$

19,146

$

1,477

$

21,293

$

17,818

$

925

Schedule of average balance of impaired loans and interest income recognized on impaired loans

(In Thousands)

Interest Income Recognized on

Average Investment in Impaired Loans

Impaired Loans on a Cash Basis

Three Months Ended

Six Months Ended

Three Months Ended

Six Months Ended

June 30, 

June 30, 

June 30, 

June 30, 

    

2021

2020

2021

    

2020

2021

2020

2021

    

2020

Commercial:

 

 

 

 

Commercial loans secured by real estate

$

12,022

$

3,771

$

12,137

$

2,079

$

85

$

12

$

229

$

16

Commercial and industrial

2,754

4,460

 

1,927

 

3,666

9

19

 

21

 

20

Commercial construction and land

0

678

 

0

 

993

0

1

 

0

 

13

Loans secured by farmland

84

422

 

84

 

469

0

7

 

1

 

24

Multi-family (5 or more) residential

1,578

0

1,587

0

30

0

91

0

Agricultural loans

67

76

 

68

 

76

1

2

 

3

 

2

Other commercial loans

0

25

 

0

 

37

0

0

 

0

 

1

Total commercial

16,505

9,432

 

15,803

 

7,320

125

41

 

345

 

76

Residential mortgage:

 

  

 

  

  

 

  

Residential mortgage loans - first lien

1,717

1,398

2,084

1,315

20

35

57

43

Residential mortgage loans - junior lien

430

391

 

433

 

387

4

13

 

9

 

13

Home equity lines of credit

0

65

 

0

 

65

0

1

 

0

 

2

Total residential mortgage

2,147

1,854

 

2,517

 

1,767

24

49

 

66

 

58

Total

$

18,652

$

11,286

$

18,320

$

9,087

$

149

$

90

$

411

$

134

Schedule of breakdown by portfolio segment and class of non accrual loans

(In Thousands)

June 30, 2021

December 31, 2020

Past Due

Past Due

90+ Days and

90+ Days and

    

Accruing

    

Nonaccrual

    

Accruing

    

Nonaccrual

Commercial:

 

 

 

  

 

  

Commercial loans secured by real estate

$

756

$

11,300

$

395

$

11,550

Commercial and industrial

 

91

 

4,282

 

142

 

970

Commercial construction and land

 

0

 

48

 

0

 

49

Loans secured by farmland

 

188

 

84

 

188

 

84

Multi-family (5 or more) residential

0

1,578

0

1,614

Agricultural loans

66

0

0

0

Other commercial

 

0

 

0

 

71

 

0

Total commercial

 

1,101

 

17,292

 

796

 

14,267

Residential mortgage:

 

  

 

  

 

  

 

  

Residential mortgage loans - first liens

600

4,941

838

6,387

Residential mortgage loans - junior liens

 

61

 

367

 

52

 

378

Home equity lines of credit

 

98

 

294

 

233

 

299

Total residential mortgage

 

759

 

5,602

 

1,123

 

7,064

Consumer

 

21

 

77

 

56

 

85

Totals

$

1,881

$

22,971

$

1,975

$

21,416

Summary of the contractual aging of loans

(In Thousands)

As of June 30, 2021

As of December 31, 2020

    

Current &

    

    

    

    

Current &

    

    

    

Past Due

Past Due

Past Due

Past Due

Past Due

Past Due

Less than

30-89

90+

Less than

30-89

90+

30 Days

Days

Days

Total

30 Days

Days

Days

Total

Commercial:

 

 

 

 

 

  

 

  

 

  

 

  

Commercial loans secured by real estate

$

538,713

$

110

$

5,379

$

544,202

$

529,998

$

66

$

1,746

$

531,810

Commercial and industrial

 

157,967

 

25

 

915

 

158,907

 

158,523

 

55

 

999

 

159,577

Paycheck Protection Program - 1st Draw

37,902

0

0

37,902

132,269

0

0

132,269

Paycheck Protection Program - 2nd Draw

72,409

0

0

72,409

0

0

0

0

Political subdivisions

 

48,849

 

0

 

0

 

48,849

 

53,221

 

0

 

0

 

53,221

Commercial construction and land

 

42,649

 

529

 

0

 

43,178

 

42,590

 

284

 

0

 

42,874

Loans secured by farmland

 

10,647

 

31

 

272

 

10,950

 

11,419

 

95

 

222

 

11,736

Multi-family (5 or more) residential

 

51,916

 

0

 

0

 

51,916

 

53,860

 

1,951

 

0

 

55,811

Agricultural loans

 

2,313

 

0

 

66

 

2,379

 

3,091

 

2

 

71

 

3,164

Other commercial loans

 

14,711

 

0

 

0

 

14,711

 

17,289

 

0

 

0

 

17,289

Total commercial

 

978,076

 

695

 

6,632

 

985,403

 

1,002,260

 

2,453

 

3,038

 

1,007,751

Residential mortgage:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Residential mortgage loans - first liens

502,311

3,143

2,125

507,579

523,191

5,703

4,053

532,947

Residential mortgage loans - junior liens

 

25,138

 

32

 

117

 

25,287

 

27,009

 

111

 

191

 

27,311

Home equity lines of credit

 

39,010

 

280

 

142

 

39,432

 

38,919

 

101

 

281

 

39,301

1-4 Family residential construction

 

23,567

 

0

 

0

 

23,567

 

20,457

 

156

 

0

 

20,613

Total residential mortgage

 

590,026

 

3,455

 

2,384

 

595,865

 

609,576

 

6,071

 

4,525

 

620,172

Consumer

 

16,433

 

57

 

98

 

16,588

 

16,063

 

83

 

140

 

16,286

Totals

$

1,584,535

$

4,207

$

9,114

$

1,597,856

$

1,627,899

$

8,607

$

7,703

$

1,644,209

Summary of the contractual aging of nonaccrual loans

(In Thousands)

Current &

 

Past Due

Past Due

Past Due

 

Less than

30-89

90+

 

    

30 Days

    

Days

    

Days

    

Total

June 30, 2021 Nonaccrual Totals

$

14,009

$

1,729

$

7,233

$

22,971

December 31, 2020 Nonaccrual Totals

$

12,999

$

2,689

$

5,728

$

21,416

Summary of troubled debt restructurings

(In Thousands)

Current &

 

 

Past Due

Past Due

Past Due

 

 

Less than

30-89

90+

 

 

    

30 Days

    

Days

    

Days

    

Nonaccrual

    

Total

June 30, 2021 Totals

$

174

$

25

$

160

$

5,464

$

5,823

December 31, 2020 Totals

$

166

$

0

$

418

$

6,867

$

7,451

Summary of loans for which modifications considered to be TDRs were entered into within the previous 12 months

(Balances in Thousands)

Six Months Ended

Six Months Ended

June 30, 2021

June 30, 2020

Number

Number

of

Recorded

of

Recorded

Loans

Investment

Loans

Investment

Commercial loans secured by real estate

1

$

3,392

0

$

0

Total

 

1

$

3,392

 

0

$

0

Schedule of carrying amount of foreclosed residential real estate properties

(In Thousands)

    

June 30, 

    

December 31, 

2021

2020

Foreclosed residential real estate

$

116

$

80

Schedule of mortgage loans secured by residential real properties

(In Thousands)

    

June 30, 

    

December 31, 

2021

2020

Residential real estate in process of foreclosure

$

1,684

$

1,246

Troubled Debt Restructuring  
LOANS  
Summary of troubled debt restructurings

(Balances in Thousands)

Three Months Ended

Three Months Ended

June 30, 2021

June 30, 2020

Post-

Post-

Number

Modification

Number

Modification

of

Recorded

of

Recorded

Loans

Investment

Loans

Investment

Residential mortgage - first liens,

Reduced monthly payments for a fifteen-month period

    

1

    

$

116

    

0

    

$

0

Commercial and industrial,

Interest only payments for a nine-month period

0

0

1

240

Total

    

1

    

$

116

    

1

    

$

240

(Balances in Thousands)

Six Months Ended

Six Months Ended

June 30, 2021

June 30, 2020

    

    

Post-

    

    

Post-

Number

Modification

Number

Modification

of

Recorded

of

Recorded

Loans

Investment

Loans

Investment

Residential mortgage - first liens:

 

  

 

  

 

  

 

  

Reduced monthly payments and extended maturity date

 

1

$

12

 

0

$

0

Reduced monthly payments for a fifteen-month period

1

116

0

0

Residential mortgage - junior liens,

 

  

  

 

  

  

New loan at lower than risk-adjusted market rate to borrower from whom short sale of other collateral was accepted

 

0

 

0

 

1

 

30

Home equity lines of credit,

Reduced monthly payments and extended maturity date

1

24

0

0

Commercial and industrial,

 

  

 

  

 

  

 

  

Interest only payments for a nine-month period

0

0

1

240

Total

 

3

$

152

 

2

$

270