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Loans (Tables)

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Categories of loans include:

		September 30, 2018				December 31, 2017
Commercial loans
Commercial and industrial		$	105,489			$	122,940
Owner-occupied commercial real estate		93,568				75,768
Investor commercial real estate		5,595				7,273
Construction		38,228				49,213
Single tenant lease financing		883,372				803,299
Public finance		610,858				438,341
Healthcare finance		89,525				31,573
Total commercial loans		1,826,635				1,528,407
Consumer loans
Residential mortgage		362,574				299,935
Home equity		28,713				30,554
Other consumer		270,567				227,533
Total consumer loans		661,854				558,022
Total commercial and consumer loans		2,488,489				2,086,429
Deferred loan origination costs and premiums and discounts on purchased loans		5,133				4,764
Total loans		2,493,622				2,091,193
Allowance for loan losses		(16,704		)		(14,970		)
Net loans		$	2,476,918			$	2,076,223

Allowance for Credit Losses on Financing Receivables

The following tables present changes in the balance of the ALLL during the three and nine months ended September 30, 2018 and 2017. 

	Three Months Ended September 30, 2018
Allowance for loan losses:	Balance, Beginning of Period				Provision (Credit) Charged to Expense				Losses Charged Off				Recoveries				Balance, End of Period
Commercial and industrial	$	1,364			$	(51	)		$	(6	)		$	—			$	1,307
Owner-occupied commercial real estate	889				69				—				—				958
Investor commercial real estate	67				(5		)		—				—				62
Construction	295				(54		)		—				—				241
Single tenant lease financing	8,294				186				—				—				8,480
Public finance	1,372				82				—				—				1,454
Healthcare finance	676				249				—				—				925
Residential mortgage	909				68				—				1				978
Home equity	54				(5		)		—				5				54
Other consumer	2,133				349				(330		)		93				2,245
Total	$	16,053			$	888			$	(336	)		$	99			$	16,704

	Nine Months Ended September 30, 2018
Allowance for loan losses:	Balance, Beginning of Period				Provision (Credit) Charged to Expense				Losses Charged Off				Recoveries				Balance, End of Period
Commercial and industrial	$	1,738			$	(428	)		$	(6	)		$	3			$	1,307
Owner-occupied commercial real estate	803				155				—				—				958
Investor commercial real estate	85				(23		)		—				—				62
Construction	423				(182		)		—				—				241
Single tenant lease financing	7,872				608				—				—				8,480
Public finance	959				495				—				—				1,454
Healthcare finance	313				612				—				—				925
Residential mortgage	956				27				(9		)		4				978
Home equity	70				(28		)		—				12				54
Other consumer	1,751				1,169				(881		)		206				2,245
Total	$	14,970			$	2,405			$	(896	)		$	225			$	16,704

	Three Months Ended September 30, 2017
Allowance for loan losses:	Balance, Beginning of Period				Provision (Credit) Charged to Expense				Losses Charged Off				Recoveries				Balance, End of Period
Commercial and industrial	$	1,525			$	361			$	(205	)		$	—			$	1,681
Owner-occupied commercial real estate	716				89				—				—				805
Investor commercial real estate	109				(22		)		—				—				87
Construction	395				38				—				—				433
Single tenant lease financing	7,403				281				—				—				7,684
Public finance	362				201				—				—				563
Healthcare finance	28				95				—				—				123
Residential mortgage	991				81				(116		)		2				958
Home equity	80				(6		)		—				1				75
Other consumer	1,585				218				(211		)		86				1,678
Total	$	13,194			$	1,336			$	(532	)		$	89			$	14,087

	Nine Months Ended September 30, 2017
Allowance for loan losses:	Balance, Beginning of Period				Provision (Credit) Charged to Expense				Losses Charged Off				Recoveries				Balance, End of Period
Commercial and industrial	$	1,352			$	465			$	(205	)		$	69			$	1,681
Owner-occupied commercial real estate	582				223				—				—				805
Investor commercial real estate	168				(81		)		—				—				87
Construction	544				(111		)		—				—				433
Single tenant lease financing	6,248				1,436				—				—				7,684
Public finance	—				563				—				—				563
Healthcare finance	—				123				—				—				123
Residential mortgage	754				316				(116		)		4				958
Home equity	102				(48		)		—				21				75
Other consumer	1,231				807				(604		)		244				1,678
Total	$	10,981			$	3,693			$	(925	)		$	338			$	14,087

Allowance For Credit Losses On Financing Receivables Portfolio Segment

The following tables present the recorded investment in loans based on portfolio segment and impairment method as of September 30, 2018 and December 31, 2017. 

	Loans												Allowance for Loan Losses
September 30, 2018	Ending Balance:   Collectively Evaluated for Impairment				Ending Balance:   Individually Evaluated for Impairment				Ending Balance				Ending Balance:   Collectively Evaluated for Impairment				Ending Balance:   Individually Evaluated for Impairment				Ending Balance
Commercial and industrial	$	97,540			$	7,949			$	105,489			$	1,307			$	—			$	1,307
Owner-occupied commercial real estate	92,089				1,479				93,568				958				—				958
Investor commercial real estate	5,595				—				5,595				62				—				62
Construction	38,228				—				38,228				241				—				241
Single tenant lease financing	883,372				—				883,372				8,480				—				8,480
Public finance	610,858				—				610,858				1,454				—				1,454
Healthcare finance	89,525				—				89,525				925				—				925
Residential mortgage	361,995				579				362,574				978				—				978
Home equity	28,713				—				28,713				54				—				54
Other consumer	270,456				111				270,567				2,245				—				2,245
Total	$	2,478,371			$	10,118			$	2,488,489			$	16,704			$	—			$	16,704

	Loans												Allowance for Loan Losses
December 31, 2017	Ending Balance:   Collectively Evaluated for Impairment				Ending Balance:   Individually Evaluated for Impairment				Ending Balance				Ending Balance:   Collectively Evaluated for Impairment				Ending Balance:   Individually Evaluated for Impairment				Ending Balance
Commercial and industrial	$	119,054			$	3,886			$	122,940			$	1,738			$	—			$	1,738
Owner-occupied commercial real estate	75,761				7				75,768				803				—				803
Investor commercial real estate	7,273				—				7,273				85				—				85
Construction	49,213				—				49,213				423				—				423
Single tenant lease financing	803,299				—				803,299				7,872				—				7,872
Public finance	438,341				—				438,341				959				—				959
Healthcare finance	31,573				—				31,573				313				—				313
Residential mortgage	298,796				1,139				299,935				956				—				956
Home equity	30,471				83				30,554				70				—				70
Other consumer	227,443				90				227,533				1,751				—				1,751
Total	$	2,081,224			$	5,205			$	2,086,429			$	14,970			$	—			$	14,970

Financing Receivable Credit Quality Indicators

The following tables present the credit risk profile of the Company’s commercial and consumer loan portfolios based on rating category and payment activity as of September 30, 2018 and December 31, 2017. 

	September 30, 2018
	Pass				Special Mention				Substandard				Total
Commercial and industrial	$	95,573			$	1,967			$	7,949			$	105,489
Owner-occupied commercial real estate	90,571				1,518				1,479				93,568
Investor commercial real estate	5,595				—				—				5,595
Construction	38,228				—				—				38,228
Single tenant lease financing	877,825				5,547				—				883,372
Public finance	610,858				—				—				610,858
Healthcare finance	89,525				—				—				89,525
Total commercial loans	$	1,808,175			$	9,032			$	9,428			$	1,826,635

	September 30, 2018
	Performing				Nonaccrual				Total
Residential mortgage	$	362,395			$	179			$	362,574
Home equity	28,713				—				28,713
Other consumer	270,506				61				270,567
Total consumer loans	$	661,614			$	240			$	661,854

	December 31, 2017
	Pass				Special Mention				Substandard				Total
Commercial and industrial	$	113,840			$	5,203			$	3,897			$	122,940
Owner-occupied commercial real estate	72,995				2,766				7				75,768
Investor commercial real estate	7,273				—				—				7,273
Construction	49,213				—				—				49,213
Single tenant lease financing	796,307				6,992				—				803,299
Public finance	438,341				—				—				438,341
Healthcare finance	31,573				—				—				31,573
Total commercial loans	$	1,509,542			$	14,961			$	3,904			$	1,528,407

	December 31, 2017
	Performing				Nonaccrual				Total
Residential mortgage	$	299,211			$	724			$	299,935
Home equity	30,471				83				30,554
Other consumer	227,501				32				227,533
Total consumer loans	$	557,183			$	839			$	558,022

Past Due Financing Receivables

The following tables present the Company’s loan portfolio delinquency analysis as of September 30, 2018 and December 31, 2017. 

		September 30, 2018
		30-59 Days Past Due				60-89 Days Past Due				90 Days  or More Past Due				Total  Past Due				Current				Total Loans				Non- accrual Loans				Total Loans 90 Days or More Past Due and Accruing
Commercial and industrial		$	—			$	—			$	—			$	—			$	105,489			$	105,489			$	—			$	—
Owner-occupied commercial real estate		—				—				—				—				93,568				93,568				—				—
Investor commercial real estate		—				—				—				—				5,595				5,595				—				—
Construction		—				—				—				—				38,228				38,228				—				—
Single tenant lease financing		—				—				—				—				883,372				883,372				—				—
Public finance		—				—				—				—				610,858				610,858				—				—
Healthcare finance		—				—				—				—				89,525				89,525				—				—
Residential mortgage		—				98				—				98				362,476				362,574				179				—
Home equity		—				—				—				—				28,713				28,713				—				—
Other consumer		250				153				44				447				270,120				270,567				61				16
Total		$	250			$	251			$	44			$	545			$	2,487,944			$	2,488,489			$	240			$	16

		December 31, 2017
		30-59 Days Past Due				60-89 Days Past Due				90 Days  or More Past Due				Total  Past Due				Current				Total Loans				Non- accrual Loans				Total Loans 90 Days or More Past Due and Accruing
Commercial and industrial		$	—			$	10			$	—			$	10			$	122,930			$	122,940			$	—			$	—
Owner-occupied commercial real estate		—				—				—				—				75,768				75,768				—				—
Investor commercial real estate		—				—				—				—				7,273				7,273				—				—
Construction		—				—				—				—				49,213				49,213				—				—
Single tenant lease financing		—				—				—				—				803,299				803,299				—				—
Public finance		—				—				—				—				438,341				438,341				—				—
Healthcare finance		—				—				—				—				31,573				31,573				—				—
Residential mortgage		—				23				560				583				299,352				299,935				724				—
Home equity		—				—				83				83				30,471				30,554				83				—
Other consumer		299				110				6				415				227,118				227,533				32				—
Total		$	299			$	143			$	649			$	1,091			$	2,085,338			$	2,086,429			$	839			$	—

Impaired Financing Receivables

The following table presents the Company’s impaired loans as of September 30, 2018 and December 31, 2017. 

		September 30, 2018												December 31, 2017
		Recorded Balance				Unpaid Principal Balance				Specific Allowance				Recorded Balance				Unpaid Principal Balance				Specific Allowance
Loans without a specific valuation allowance
Commercial and industrial		$	7,949			$	7,949			$	—			$	3,886			$	3,886			$	—
Owner-occupied commercial real estate		1,479				1,479				—				7				7				—
Residential mortgage		579				579				—				1,139				1,144				—
Home equity		—				—				—				83				83				—
Other consumer		111				160				—				90				143				—
Total impaired loans		$	10,118			$	10,167			$	—			$	5,205			$	5,263			$	—

The table below presents average balances and interest income recognized for impaired loans during the three and nine months ended September 30, 2018 and 2017.

		Three Months Ended								Nine Months Ended								Three Months Ended								Nine Months Ended
		September 30, 2018																September 30, 2017
		Average Balance				Interest Income				Average Balance				Interest Income				Average Balance				Interest Income				Average Balance				Interest Income
Loans without a specific valuation allowance
Commercial and industrial		$	7,233			$	561			$	5,430			$	723			$	3,941			$	71			$	2,157			$	71
Owner-occupied commercial real estate		1,249				75				553				82				4				—				1				—
Residential mortgage		573				—				768				—				1,690				7				1,673				7
Home equity		62				—				76				—				—				—				—				—
Other consumer		104				1				110				1				93				2				113				2
Total		9,221				637				6,937				806				5,728				80				3,944				80
Loans with a specific valuation allowance
Commercial and industrial		—				—				—				$	—			50				—				46				—
Total		—				—				—				—				50				—				46				—
Total impaired loans		$	9,221			$	637			$	6,937			$	806			$	5,778			$	80			$	3,990			$	80

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- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

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Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5212-111524

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Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524

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-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
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