XML 41 R25.htm IDEA: XBRL DOCUMENT v3.21.1

Allowance for Loan Losses (the Allowance) (Tables)

3 Months Ended

Mar. 31, 2021

Allowance for Loan Losses (the Allowance)

Roll-forward of allowance for loan and lease losses by portfolio segment

​	​	​	​	​	​	​	​	​	​	​	​
​	​	Balance,		​	​	​	​	​	​	​	Balance,
(dollars in thousands)		December 31, 2020			Charge-offs		Recoveries		Provision		March 31, 2021
Commercial mortgage	​	$	7,451	​	—	​	—	​	204	​	7,655
Home equity lines and loans	​	​	434	​	—	​	2	​	(126)	​	310
Residential mortgage	​	​	385	​	—	​	2	​	(73)	​	314
Construction	​	​	2,421	​	—	​	—	​	(110)	​	2,311
Commercial and industrial	​	​	5,431	​	—	​	5	​	(150)	​	5,286
Small business loans	​	​	1,259	​	—	​	—	​	661	​	1,920
Consumer	​	​	4	​	—	​	1	​	(1)	​	4
Leases	​	​	382	​	—	​	—	​	194	​	576
Total	​	$	17,767	​	—	​	10	​	599	​	18,376

​

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	Balance,		​	​	​	​	​	​	​	Balance,
(dollars in thousands)		December 31, 2019			Charge-offs		Recoveries		Provision		March 31, 2020
Commercial mortgage	​	$	3,426	​	—	​	—	​	686	​	4,112
Home equity lines and loans	​	​	342	​	—	​	1	​	141	​	484
Residential mortgage	​	​	179	​	—	​	2	​	38	​	219
Construction	​	​	2,362	​	—	​	—	​	19	​	2,381
Commercial and industrial	​	​	2,684	​	—	​	29	​	456	​	3,169
Small business loans	​	​	509	​	—	​	—	​	216	​	725
Consumer	​	​	6	​	—	​	1	​	(3)	​	4
Leases	​	​	5	​	—	​	—	​	(1)	​	4
Total	​	$	9,513	​	—	​	33	​	1,552	​	11,098

​

​

​

Schedule of allocation of the allowance for loan and lease losses

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Allowance on loans and leases

​

Carrying value of loans and leases

​

​

​

Individually

​

Collectively

​

​

​

Individually

​

Collectively

​

​

​

March 31, 2021

​

evaluated

​

evaluated

​

​

​

evaluated

​

evaluated

​

​

​

(dollars in thousands)

for impairment

for impairment

Total

for impairment

for impairment

Total

​

Commercial mortgage

​

$

—

​

7,655

​

7,655

​

$

730

​

516,691

​

517,421

​

Home equity lines and loans

​

​

8

​

302

​

310

​

​

919

​

54,659

​

55,578

​

Residential mortgage

​

​

72

​

242

​

314

​

​

1,814

​

33,681

​

35,495

​

Construction

​

​

—

​

2,311

​

2,311

​

​

1,206

​

133,395

​

134,601

​

Commercial and industrial

​

​

1,562

​

3,724

​

5,286

​

​

4,339

​

257,082

​

261,421

​

Small business loans

​

​

376

​

1,544

​

1,920

​

​

1,087

​

61,286

​

62,373

​

Paycheck Protection Program loans

​

​

—

​

—

​

—

​

​

—

​

230,847

​

230,847

​

Main Street Lending Program

​

​

—

​

—

​

—

​

​

—

​

583

​

583

​

Consumer

​

​

—

​

4

​

4

​

​

—

​

469

​

469

​

Leases

​

​

—

​

576

​

576

​

​

131

​

46,539

​

46,670

​

Total

​

$

2,018

​

16,358

​

18,376

​

$

10,226

​

1,335,232

​

1,345,458

(1)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Allowance on loans and leases

​

Carrying value of loans and leases

​

​

​

Individually

​

Collectively

​

​

​

Individually

​

Collectively

​

​

​

December 31, 2020

​

evaluated

​

evaluated

​

​

​

evaluated

​

evaluated

​

​

​

(dollars in thousands)

for impairment

for impairment

Total

for impairment

for impairment

Total

​

Commercial mortgage

​

$

—

​

7,451

​

7,451

​

$

1,606

​

483,497

​

485,103

​

Home equity lines and loans

​

​

9

​

425

​

434

​

​

921

​

64,066

​

64,987

​

Residential mortgage

​

​

73

​

312

​

385

​

​

1,817

​

38,455

​

40,272

​

Construction

​

​

—

​

2,421

​

2,421

​

​

1,206

​

139,040

​

140,246

​

Commercial and industrial

​

​

1,563

​

3,868

​

5,431

​

​

4,645

​

257,105

​

261,750

​

Small business loans

​

​

—

​

1,259

​

1,259

​

​

185

​

49,357

​

49,542

​

Paycheck Protection Program loans

​

​

—

​

—

​

—

​

​

—

​

203,543

​

203,543

​

Main Street Lending Program

​

​

—

​

—

​

—

​

​

—

​

580

​

580

​

Consumer

​

​

—

​

4

​

4

​

​

—

​

511

​

511

​

Leases

​

​

—

​

382

​

382

​

​

—

​

31,040

​

31,040

​

Total

​

$

1,645

​

16,122

​

17,767

​

$

10,380

​

1,267,194

​

1,277,574

(1)

(1) Excludes deferred fees and loans carried at fair value.

​

Schedule of carrying value of loans and leases by portfolio segment based on the credit quality indicators

​	​	​	​	​	​	​	​	​	​	​	​
March 31, 2021		​	​		Special		​		​		​
(dollars in thousands)	​	Pass		​	mention	​	Substandard	​	Doubtful	​	Total
Commercial mortgage	​	$	482,177	​	32,076	​	3,168	​	—	​	517,421
Home equity lines and loans	​	​	54,174	​	—	​	1,404	​	—	​	55,578
Construction	​	​	125,974	​	8,627	​	—	​	—	​	134,601
Commercial and industrial	​	​	232,768	​	16,828	​	8,215	​	3,610	​	261,421
Small business loans	​	​	58,753	​	—	​	3,620	​	—	​	62,373
Paycheck Protection Program loans	​	​	230,847	​	—	​	—	​	—	​	230,847
Main Street Lending Program loans	​	​	583	​	—	​	—	​	—	​	583
Total	​	$	1,185,276	​	57,531	​	16,407	​	3,610	​	1,262,824

​

​	​	​	​	​	​	​	​	​	​	​	​
December 31, 2020		​	​		Special		​		​		​
(dollars in thousands)	​	Pass		​	mention	​	Substandard	​	Doubtful	​	Total
Commercial mortgage	​	$	449,545	​	32,059	​	3,499	​	—	​	485,103
Home equity lines and loans	​	​	63,923	​	—	​	1,064	​	—	​	64,987
Construction	​	​	132,286	​	7,960	​	—	​	—	​	140,246
Commercial and industrial	​	​	227,349	​	21,721	​	9,000	​	3,680	​	261,750
Small business loans	​	​	46,789	​	—	​	2,753	​	—	​	49,542
Paycheck Protection Program loans	​	​	203,543	​	—	​	—	​	—	​	203,543
Main Street Lending Program loans	​	​	580	​	—	​	—	​	—	​	580
Total	​	$	1,124,015	​	61,740	​	16,316	​	3,680	​	1,205,751

​

Schedule of allocations based on the credit quality indicators

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2021

​

December 31, 2020

(dollars in thousands)

Performing

Nonperforming

Total

Performing

Nonperforming

Total

Residential mortgage

​

$

33,681

​

1,814

​

35,495

​

$

38,457

​

1,815

​

40,272

Consumer

​

​

469

​

—

​

469

​

​

511

​

—

​

511

Leases

​

​

46,539

​

131

​

46,670

​

​

31,040

​

—

​

31,040

Total

​

$

80,689

​

1,945

​

82,634

​

$

70,008

​

1,815

​

71,823

Schedule of recorded investment and principal balance of impaired loans

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

As of March 31, 2021

​

As of December 31, 2020

​

​

Recorded

​

Principal

​

Related

​

Recorded

​

Principal

​

Related

(dollars in thousands)

investment

balance

allowance

investment

balance

allowance

Impaired loans with related allowance:

​

​

​

​

​

​

​

​

​

​

​

​

​

Commercial and industrial

​

​

3,790

​

3,866

​

1,562

​

3,860

​

3,902

​

1,563

Small business loans

​

​

917

​

917

​

376

​

—

​

—

​

—

Home equity lines and loans

​

​

94

​

104

​

8

​

95

​

105

​

9

Residential mortgage

​

​

688

​

688

​

72

​

689

​

689

​

73

Total

​

​

5,489

​

5,575

​

2,018

​

4,644

​

4,696

​

1,645

Impaired loans without related allowance:

​

​

​

​

​

​

​

​

​

​

​

​

​

Commercial mortgage

​

$

730

​

730

​

—

​

1,606

​

1,642

​

—

Commercial and industrial

​

​

549

​

630

​

—

​

785

​

862

​

—

Small business loans

​

​

170

​

170

​

—

​

185

​

185

​

—

Home equity lines and loans

​

​

825

​

839

​

—

​

826

​

839

​

—

Residential mortgage

​

​

1,126

​

1,126

​

—

​

1,128

​

1,128

​

—

Construction

​

​

1,206

​

1,206

​

—

​

1,206

​

1,206

​

—

Leases

​

​

131

​

131

​

—

​

—

​

—

​

—

Total

​

​

4,737

​

4,832

​

—

​

5,736

​

5,862

​

—

Grand Total

​

$

10,226

​

10,407

​

2,018

​

10,380

​

10,558

​

1,645

Schedule of average recorded investment on impaired loans

​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
​	​	​	Three Months Ended			​	Three Months Ended
​	​	​	March 31, 2021			​	March 31, 2020
​	​	​	Average	​	Interest	​	Average	​	Interest
​	​	​	recorded	​	Income	​	recorded	​	Income
(dollars in thousands)		​	investment	​	Recognized	​	investment	​	Recognized
Impaired loans with related allowance:	​	​	​	​	​	​	​	​	​
Commercial and industrial	​	$	3,826	​	5	​	451	​	5
Small business loans	​	​	918	​	—	​	—	​	—
Home equity lines and loans	​	​	95	​	—	​	458	​	—
Residential mortgage	​	​	688	​	—	​	—	​	—
Total	​	$	5,527	​	5	​	909	​	5
Impaired loans without related allowance:	​	​	​	​	​	​	​	​	​
Commercial mortgage	​	$	735	​	8	​	2,129	​	21
Commercial and industrial	​	​	579	​	—	​	587	​	4
Small business loans	​	​	176	​	4	​	934	​	6
Home equity lines and loans	​	​	825	​	—	​	305	​	-
Residential mortgage	​	​	1,127	​	—	​	3,806	​	-
Construction	​	​	1,206	​	15	​	1,239	​	17
Leases	​	​	122	​	—	​	—	​	—
Total	​	$	4,770	​	27	​	9,000	​	48
Grand Total	​	$	10,297	​	32	​	9,909	​	53

Schedule of TDRs

​	​	​	​	​	​
​	​	March 31,		​	December 31,
(dollars in thousands)		2021			2020
TDRs included in nonperforming loans and leases	​	$	239		244
TDRs in compliance with modified terms	​		2,534		3,362
Total TDRs	​	$	2,773		3,606

Schedule of loan modifications provided to loan customers

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2021

​

​

December 31, 2020

​

Portfolio

​

Active

​

% of

​

​

Portfolio

​

Active

​

% of

Loan Portfolio

​

Balance

​

Modifications

​

Portfolio Balance

​

​

Balance

​

Modifications

​

Portfolio Balance

Commercial mortgage

$

517,421

$

24,341

​

4.7%

​

$

485,103

$

19,836

​

4.1%

Commercial and industrial, including leases

​

308,091

​

70

​

0.0%

​

​

292,790

​

—

​

—

Construction & land development

​

134,601

​

4,343

​

3.2%

​

​

140,246

​

4,343

​

3.1%

Home equity lines and loans

​

55,578

​

—

​

—

​

​

64,987

​

—

​

—

Residential mortgage

​

35,495

​

—

​

—

​

​

40,272

​

—

​

—

Small business loans

​

62,373

​

—

​

—

​

​

49,542

​

2,726

​

—

Consumer

​

469

​

—

​

—

​

​

511

​

—

​

—

Total

$

1,114,028

$

28,754

​

2.6%

​

$

1,073,451

$

26,905

​

2.5%

X

- Definition

Tabular disclosure of loan modification requests have been granted to defer principal and/or interest payments or modify interest rates, not classified as troubled debt restructurings (TDRs).

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Tabular disclosure of allowance for Loan and Lease Losses by Portfolio Segment.

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Tabular disclosure of allowance for credit loss on financing receivable.

+ 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=121611835&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447

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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/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953659-111524

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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=121611835&loc=d3e5212-111524

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953676-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953682-111524

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