XML 63 R39.htm IDEA: XBRL DOCUMENT

Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2020

Loans Receivable

Summary of loans and leases outstanding


		December 31,			December 31,
(dollars in thousands)		2020			2019
Mortgage loans held for sale		$	229,199		33,704
Real estate loans:
Commercial mortgage			485,103		362,590
Home equity lines and loans			64,987		81,583
Residential mortgage (1)			52,454		53,665
Construction			140,246		172,044
Total real estate loans			742,790		669,882

Commercial and industrial			261,750		273,301
Small business loans			49,542		21,616
Paycheck Protection Program loans ("PPP")			203,543		—
Main Street Lending Program Loans ("MSLP")			580		—
Consumer			511		1,003
Leases, net			31,040		697
Total portfolio loans and leases			1,289,756		966,499
Total loans and leases		$	1,518,955		1,000,203

Loans with predetermined rates		$	658,458		293,114
Loans with adjustable or floating rates			860,497		707,089
Total loans and leases		$	1,518,955		1,000,203

Net deferred loan origination (fees) costs		$	(4,992)		(1,789)

(1) Includes $12,182 and $10,546 of loans at fair value as of December 31, 2020 and 2019, respectively.

Schedule of components of the net investment in leases


		December 31,			December 31,
(dollars in thousands)		2020			2019
Minimum lease payments receivable		$	37,919		729
Unearned lease income			(6,879)		(32)
Total		$	31,040		697

Schedule of age analysis of past due loans and leases


											Total
					90+ days						Accruing		Nonaccrual		Total loans
December 31, 2020		30-89 days			past due and		Total past				Loans and		loans and		portfolio		Delinquency
(dollars in thousands)		past due			still accruing		due		Current		leases		leases		and leases		percentage
Commercial mortgage		$	—		—		—		482,042		482,042		3,061		485,103		0.63	%
Home equity lines and loans			—		—		—		64,128		64,128		859		64,987		1.32
Residential mortgage (1)			3,595		—		3,595		46,134		49,729		2,725		52,454		12.05
Construction			—		—		—		140,246		140,246		—		140,246		—
Commercial and industrial			—		—		—		260,465		260,465		1,285		261,750		0.49
Small business loans			—		—		—		49,542		49,542		—		49,542		—
Paycheck Protection Program loans			—		—		—		203,543		203,543		—		203,543		—
Main Street Lending Program loans			—		—		—		580		580		—		580		—
Consumer			—		—		—		511		511		—		511		—
Leases			109		—		109		30,931		31,040		—		31,040		0.35
Total		$	3,704		—		3,704		1,278,122		1,281,826		7,930		1,289,756		0.90	%

(1) Includes $12,182 of loans at fair value as of December 31, 2020 ($10,314 of current, $958 of 30-89 days past due and $910 of nonaccrual).


											Total
					90+ days						Accruing		Nonaccrual		Total loans
December 31, 2019		30-89 days			past due and		Total past				Loans and		loans and		portfolio		Delinquency
(dollars in thousands)		past due			still accruing		due		Current		leases		leases		and leases		percentage
Commercial mortgage		$	—		—		—		361,857		361,857		733		362,590		0.20	%
Home equity lines and loans			—		—		—		81,046		81,046		537		81,583		0.66
Residential mortgage (1)			4,675		—		4,675		47,446		52,121		1,544		53,665		11.59
Construction			—		—		—		172,044		172,044		—		172,044		—
Commercial and industrial			206		—		206		272,674		272,880		421		273,301		0.23
Small business loans			—		—		—		21,616		21,616		—		21,616		—
Consumer			—		—		—		1,003		1,003		—		1,003		—
Leases			162		—		162		535		697		—		697		23.24
Total		$	5,043		—		5,043		958,221		963,264		3,235		966,499		0.86	%

(1) Includes $10,546 of loans at fair value as of December 31, 2019 ($9,056 of current, $786 of 30-89 days past due and $704 of nonaccrual).