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Loans and Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Summary of Major Loan and Lease Categories
At December 31,
(Dollars in thousands)20202019
Commercial, financial and agricultural$892,665 $947,029 
Paycheck Protection Program483,773 — 
Real estate-commercial2,458,872 2,040,441 
Real estate-construction243,355 232,595 
Real estate-residential secured for business purpose381,446 373,973 
Real estate-residential secured for personal purpose487,600 439,059 
Real estate-home equity secured for personal purpose166,609 174,435 
Loans to individuals27,482 29,883 
Lease financings165,039 149,421 
Loans and leases held for investment, net of deferred income5,306,841 4,386,836 
Less: Allowance for credit losses, loans and leases(83,044)(35,331)
Net loans and leases held for investment$5,223,797 $4,351,505 
Imputed interest on lease financings, included in the above table$(17,670)$(16,340)
Net deferred (fees) costs, included in the above table(2,903)5,999 
Overdraft deposits included in the above table948 407 
Schedule of Age Analysis of Past Due Loans and Leases
The following presents, by class of loans and leases, an aging of past due loans and leases, loans and leases which are current and nonaccrual loans and leases at December 31, 2020:

Accruing Loans and Leases
(Dollars in thousands)30-59
Days
Past Due		60-89
Days
Past Due		90 Days
or more
Past Due		Total
Past Due		CurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At December 31, 2020
Commercial, financial and agricultural$1,104 $279 $50 $1,433 $888,405 $889,838 $2,827 $892,665 
Paycheck Protection Program— — — — 483,773 483,773 — 483,773 
Real estate—commercial real estate and construction:
Commercial real estate3,230 859 945 5,034 2,431,099 2,436,133 22,739 2,458,872 
Construction361 — — 361 242,994 243,355 — 243,355 
Real estate—residential and home equity:
Residential secured for business purpose3,726 603 — 4,329 374,331 378,660 2,786 381,446 
Residential secured for personal purpose6,057 80 — 6,137 479,377 485,514 2,086 487,600 
Home equity secured for personal purpose607 32 — 639 164,923 165,562 1,047 166,609 
Loans to individuals190 74 185 449 27,033 27,482 — 27,482 
Lease financings898 291 212 1,401 163,431 164,832 207 165,039 
Total$16,173 $2,218 $1,392 $19,783 $5,255,366 $5,275,149 $31,692 $5,306,841 
The following presents, by class of loans and leases, an aging of past due loans and leases, loans and leases which are current, acquired credit impaired loans and nonaccrual loans and leases at December 31, 2019:
Accruing Loans and Leases
(Dollars in thousands)30-59
Days
Past Due		60-89
Days
Past Due		90 Days
or more
Past Due		Total
Past Due		CurrentTotal Accruing Loans and LeasesAcquired Credit ImpairedNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At December 31, 2019
Commercial, financial and agricultural$2,602 $150 $20 $2,772 $940,815 $943,587 $— $3,442 $947,029 
Real estate—commercial real estate and construction:
Commercial real estate3,473 266 — 3,739 2,008,568 2,012,307 206 27,928 2,040,441 
Construction— — — — 232,338 232,338 — 257 232,595 
Real estate—residential and home equity:
Residential secured for business purpose2,078 2,442 — 4,520 366,473 370,993 — 2,980 373,973 
Residential secured for personal purpose2,969 446 — 3,415 433,548 436,963 58 2,038 439,059 
Home equity secured for personal purpose605 297 — 902 172,106 173,008 — 1,427 174,435 
Loans to individuals157 73 74 304 29,579 29,883 — — 29,883 
Lease financings1,409 296 49 1,754 147,161 148,915 — 506 149,421 
Total$13,293 $3,970 $143 $17,406 $4,330,588 $4,347,994 $264 $38,578 $4,386,836 
Schedule of Nonperforming Loans and Leases
The following presents, by class of loans and leases, nonperforming loans and leases at December 31, 2020 and 2019.
At December 31,
 20202019
(Dollars in thousands)Nonaccrual
Loans and
Leases*		Accruing
Troubled
Debt
Restructured
Loans and
Lease
Modifications		Loans and
Leases
90 Days
or more
Past Due
and
Accruing
Interest		Total Nonperforming
Loans and
Leases		Nonaccrual
Loans and
Leases*		Accruing
Troubled
Debt
Restructured
Loans and
Lease
Modifications		Loans and
Leases
90 Days
or more
Past Due
and
Accruing
Interest		Total Nonperforming
Loans and
Leases
Commercial, financial and agricultural$2,827 $— $50 $2,877 $3,442 $— $20 $3,462 
Real estate—commercial real estate and construction:
Commercial real estate22,739 — 945 23,684 27,928 — — 27,928 
Construction— — — — 257 — — 257 
Real estate—residential and home equity:
Residential secured for business purpose2,786 — — 2,786 2,980 — — 2,980 
Residential secured for personal purpose2,086 — — 2,086 2,038 — — 2,038 
Home equity secured for personal purpose1,047 53 — 1,100 1,427 54 — 1,481 
Loans to individuals— — 185 185 — — 74 74 
Lease financings207 — 212 419 506 — 49 555 
Total$31,692 $53 $1,392 $33,137 $38,578 $54 $143 $38,775 
 * Includes nonaccrual troubled debt restructured loans of $14.1 million and $13.8 million at December 31, 2020 and December 31, 2019, respectively.
Nonaccrual and Past Due 90 Days of More Loans and Leases at Amortized Cost
The following table presents the amortized cost basis of loans and leases on nonaccrual status and loans and leases 90 days or more past due and still accruing as of December 31, 2020.
(Dollars in thousands)Nonaccrual With No ACLNonaccrual With ACLTotal NonaccrualLoans 90 Days or more Past Due and Accruing Interest
At December 31, 2020
Commercial, financial and agricultural$2,187 $640 $2,827 $50 
Real estate-commercial22,739 — 22,739 945 
Real estate-residential secured for business purpose2,663 123 2,786 — 
Real estate-residential secured for personal purpose1,958 128 2,086 — 
Real estate-home equity secured for personal purpose1,047 — 1,047 — 
Loans to individuals— — — 185 
Lease financings— 207 207 212 
Total$30,594 $1,098 $31,692 $1,392 

For the year ended December 31, 2020, $4 thousand of interest income was recognized on nonaccrual loans and leases.

The following table presents the amortized cost basis of collateral-dependent nonaccrual loans by class of loans and type of collateral as of December 31, 2020.

(Dollars in thousands)Real Estate
Other (1)
None (2)
Total
At December 31, 2020
Commercial, financial and agricultural$1,351 $1,194 $282 $2,827 
Real estate-commercial22,739 — — 22,739 
Real estate-residential secured for business purpose2,786 — — 2,786 
Real estate-residential secured for personal purpose2,086 — — 2,086 
Real estate-home equity secured for personal purpose1,047 — — 1,047 
Total$30,009 $1,194 $282 $31,485 
(1) Collateral consists of business assets, including accounts receivable and personal property.
(2) Loans fully reserved given lack of collateral.
Summary of Commercial Credit Quality Indicators
The Corporation categorizes risk based on relevant information about the ability of the borrower to service their debt. Loans with a relationship balance of less than $1 million are reviewed when necessary based on their performance, primarily when such loan are delinquent. Loans with relationships greater than $1 million are reviewed at least annually. Loan relationships with a higher risk profile or classified as special mention or substandard are reviewed at least quarterly. The Corporation reviews credit quality indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2020. The following is a description of the internal risk ratings and the likelihood of loss related to the credit quality of Commercial, financial and agricultural loans, Paycheck Protection Program loans, Real-estate commercial loans, Real-estate construction loans and Real estate-residential secured for a business purpose loans.

1.Pass—Loans considered satisfactory with no indications of deterioration
2.Special Mention—Potential weakness that deserves management's close attention
3.Substandard—Well-defined weakness or weaknesses that jeopardize the liquidation of the debt
4.Doubtful—Collection or liquidation in-full, on the basis of current existing facts, conditions and values, highly questionable and improbable
Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for Commercial, financial and agricultural loans, Paycheck Protection Program loans, Real-estate commercial loans, Real-estate construction loans and Real estate-residential secured for a business purpose loans by credit quality indicator at December 31, 2020 under ASC 326.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20202019201820172016PriorRevolving Loans Amortized Cost BasisTotal
At December 31, 2020
Commercial, Financial and Agricultural
Risk Rating
1. Pass$162,547 $93,967 $74,722 $38,906 $17,371 $56,053 $427,336 $870,902 
2. Special Mention2,723 783 316 500 777 1,144 8,318 14,561 
3. Substandard— 430 362 28 — 627 5,755 7,202 
Total$165,270 $95,180 $75,400 $39,434 $18,148 $57,824 $441,409 $892,665 
Paycheck Protection Program
Risk Rating
1. Pass$483,773 $— $— $— $— $— $— $483,773 
2. Special Mention— — — — — — — — 
3. Substandard— — — — — — — — 
Total$483,773 $— $— $— $— $— $— $483,773 
Real Estate-Commercial
Risk Rating
1. Pass$1,084,157 $481,997 $223,646 $268,236 $143,041 $157,503 $43,008 $2,401,588 
2. Special Mention6,220 10,076 3,498 — 1,250 5,870 1,247 28,161 
3. Substandard3,803 3,998 709 11,383 1,207 6,690 1,333 29,123 
Total$1,094,180 $496,071 $227,853 $279,619 $145,498 $170,063 $45,588 $2,458,872 
Real Estate-Construction
Risk Rating
1. Pass$116,840 $59,507 $39,009 $113 $2,950 $— $3,711 $222,130 
2. Special Mention21,225 — — — — — — 21,225 
3. Substandard— — — — — — — — 
Total$138,065 $59,507 $39,009 $113 $2,950 $— $3,711 $243,355 
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass$118,925 $72,149 $52,775 $43,347 $37,768 $25,170 $25,510 $375,644 
2. Special Mention1,354 — 188 77 175 130 — 1,924 
3. Substandard28 991 50 64 1,065 962 718 3,878 
Total$120,307 $73,140 $53,013 $43,488 $39,008 $26,262 $26,228 $381,446 
Totals By Risk Rating
1. Pass$1,966,242 $707,620 $390,152 $350,602 $201,130 $238,726 $499,565 $4,354,037 
2. Special Mention31,522 10,859 4,002 577 2,202 7,144 9,565 65,871 
3. Substandard3,831 5,419 1,121 11,475 2,272 8,279 7,806 40,203 
Total$2,001,595 $723,898 $395,275 $362,654 $205,604 $254,149 $516,936 $4,460,111 

The Corporation had no revolving loans which were converted to term loans included within recorded investment in loans and leases held for investment at December 31, 2020. The Corporation had no loans with a risk rating of Doubtful included within recorded investment in loans and leases held for investment at December 31, 2020.
The following table presents by class, the recorded investment in loans and leases held for investment by credit quality indicator at December 31, 2019 under ASC 310.
(Dollars in thousands)Commercial,
Financial and
Agricultural		Real Estate—
Commercial		Real Estate—
Construction		Real Estate—
Residential Secured
for Business Purpose		Total
At December 31, 2019
Grade:
1. Pass$911,848 $1,974,561 $201,424 $367,122 $3,454,955 
2. Special Mention18,843 24,199 20,987 3,769 67,798 
3. Substandard16,338 41,681 10,184 3,082 71,285 
Total$947,029 $2,040,441 $232,595 $373,973 $3,594,038 

The Corporation had no loans with a risk rating of Doubtful included in loans and leases held for investment at December 31, 2019.
Summary of Credit Exposure The Corporation monitors the credit risk profile by payment activity for the following classifications of loans and leases: Real estate-residential secured for personal purpose loans, Real estate-home equity secured for personal purpose loans, Loans to individuals and Lease financings. The Corporation reviews credit quality indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2020. Loans and leases past due 90 days or more, loans and leases on nonaccrual status and troubled debt restructured loans and lease modifications are considered nonperforming. Nonperforming loans and leases are reviewed monthly. Performing loans and leases have a nominal to moderate risk of loss. Performing loans and leases are reviewed only if the loan becomes 60 days or more past due.
Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for Real estate-residential secured for personal purpose loans, Real estate-home equity secured for personal purpose loans, Loans to individuals and Lease financings by credit quality indicator at December 31, 2020 under ASC 326.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20202019201820172016PriorRevolving Loans Amortized Cost BasisTotal
At December 31, 2020
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing$191,987 $61,880 $56,314 $50,983 $38,975 $84,138 $1,237 $485,514 
2. Nonperforming666 — 56 — — 1,364 — 2,086 
Total$192,653 $61,880 $56,370 $50,983 $38,975 $85,502 $1,237 $487,600 
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing$1,195 $815 $829 $1,160 $518 $2,189 $158,803 $165,509 
2. Nonperforming— — 198 — — 36 866 1,100 
Total$1,195 $815 $1,027 $1,160 $518 $2,225 $159,669 $166,609 
Loans to Individuals
Payment Performance
1. Performing$1,795 $1,425 $970 $441 $220 $2,266 $20,180 $27,297 
2. Nonperforming— — — — — 23 162 185 
Total$1,795 $1,425 $970 $441 $220 $2,289 $20,342 $27,482 
Lease Financings
Payment Performance
1. Performing$72,173 $45,972 $30,679 $11,613 $3,616 $567 $— $164,620 
2. Nonperforming12 182 5 205 7 8 — 419 
Total$72,185 $46,154 $30,684 $11,818 $3,623 $575 $— $165,039 
Totals by Payment Performance
1. Performing$267,150 $110,092 $88,792 $64,197 $43,329 $89,160 $180,220 $842,940 
2. Nonperforming678 182 259 205 7 1,431 1,028 3,790 
Total$267,828 $110,274 $89,051 $64,402 $43,336 $90,591 $181,248 $846,730 

The Corporation had no revolving loans which were converted to term loans included within recorded investment in loans and leases held for investment at December 31, 2020.

The following table presents by class, the recorded investment in loans and leases held for investment by performance status at December 31, 2019 under ASC 310.
(Dollars in thousands)Real Estate—
Residential
Secured for
Personal Purpose		Real Estate—
Home Equity
Secured for
Personal Purpose		Loans to
Individuals		Lease
Financings		Total
At December 31, 2019
Performing$437,021 $172,954 $29,809 $148,866 $788,650 
Nonperforming2,038 1,481 74 555 4,148 
Total$439,059 $174,435 $29,883 $149,421 $792,798 
Summary of Activity in the Allowance for Credit Losses, Loans and Leases
The ACL on loans increased during the year ended December 31, 2020 primarily due changes in economic assumptions, which were inherently impacted by COVID-19, and loan growth. There were no changes to the reasonable and supportable forecast period, the reversion period, or any significant methodology changes during the year ended December 31, 2020. The following presents, by portfolio segment, a summary of the activity in the allowance for credit losses, loans and leases, for the years ended December 31, 2020, 2019 and 2018:
(Dollars in thousands)Beginning balance, prior to adoption of ASU No. 2016-13 for CECLAdjustment to initially apply ASU No. 2016-13 for CECLProvision (recovery of provision) for credit lossesCharge-offsRecoveriesEnding balance
For the Year Ended December 31, 2020
Allowance for credit losses, loans and leases:
Commercial, Financial and Agricultural$8,759 $5,284 $680 $(1,884)$745 $13,584 
Real Estate-Commercial15,750 6,208 33,090 (2,853)35 52,230 
Real Estate-Construction2,446 29 823 — — 3,298 
Real Estate-Residential Secured for Business Purpose2,622 2,502 2,306 (188)75 7,317 
Real Estate-Residential Secured for Personal Purpose2,713 (706)1,229 (181)— 3,055 
Real Estate-Home Equity Secured for Personal Purpose1,076 (364)449 — 15 1,176 
Loans to Individuals470 104 146 (267)80 533 
Lease Financings1,311 (135)750 (526)301 1,701 
Unallocated184 — (34)N/AN/A150 
Total$35,331 $12,922 $39,439 $(5,899)$1,251 $83,044 
For the Year Ended December 31, 2019
Allowance for credit losses, loans and leases:
Commercial, Financial and Agricultural$7,983 $— $2,374 $(1,965)$367 $8,759 
Real Estate-Commercial and Construction13,903 — 4,602 (402)93 18,196 
Real Estate-Residential Secured for Business Purpose2,236 — 396 (122)112 2,622 
Real Estate-Residential and Home Equity Secured for Personal Purpose3,199 — 781 (212)21 3,789 
Loans to Individuals484 — 246 (335)75 470 
Lease Financings1,288 — 206 (427)244 1,311 
Unallocated271 — (87)N/AN/A184 
Total$29,364 $— $8,518 $(3,463)$912 $35,331 
For the Year Ended December 31, 2018
Allowance for credit losses, loans and leases:
Commercial, Financial and Agricultural$6,742 $— $13,756 $(14,655)$2,140 $7,983 
Real Estate-Commercial and Construction9,839 — 3,771 (40)333 13,903 
Real Estate-Residential Secured for Business Purpose1,661 — 326 (31)280 2,236 
Real Estate-Residential and Home Equity Secured for Personal Purpose1,754 — 1,367 — 78 3,199 
Loans to Individuals373 — 376 (353)88 484 
Lease Financings1,132 — 497 (572)231 1,288 
Unallocated54 — 217 N/AN/A271 
Total$21,555 $— $20,310 $(15,651)$3,150 $29,364 
N/A – Not applicable

Charge-offs for the year ended December 31, 2018 included a charge-off of $12.7 million during the second quarter of 2018 for a commercial loan relationship related to fraudulent activities by employees of the borrower. The Bank owned a participating interest which originally totaled $13.0 million in an approximately $80.0 million commercial lending facility. The charge-off represented the entire principal amount owed to the Bank. During the fourth quarter of 2018, the Bank recovered $1.8 million from this previously charged-off loan. The net charge-off for this loan for the year ended December 31, 2018 was $10.9 million.
Schedule of Allowance for Loan and Lease Credit Losses and Recorded Investment in Loans and Leases
The following presents, by portfolio segment, the balance in the ACL on loans and leases disaggregated on the basis of whether the loan or lease was measured for credit loss as a pooled loan or lease or if it was individually analyzed for a reserve at December 31, 2020 and 2019:

Allowance for credit losses, loans and leasesLoans and leases held for investment
(Dollars in thousands)Ending balance: individually analyzedEnding balance: pooledTotal ending balanceEnding balance: individually analyzedEnding balance: pooledLoans measured at fair valueTotal ending balance
At December 31, 2020
Commercial, Financial and Agricultural$535 $13,049 $13,584 $2,827 $889,838 $— $892,665 
Paycheck Protection Program— — — — 483,773 — 483,773 
Real Estate-Commercial— 52,230 52,230 22,739 2,435,946 187 2,458,872 
Real Estate-Construction— 3,298 3,298 — 243,355 — 243,355 
Real Estate-Residential Secured for Business Purpose24 7,293 7,317 2,786 378,660 — 381,446 
Real Estate-Residential Secured for Personal Purpose26 3,029 3,055 2,086 485,514 — 487,600 
Real Estate-Home Equity Secured for Personal Purpose— 1,176 1,176 1,047 165,562 — 166,609 
Loans to Individuals— 533 533 — 27,482 — 27,482 
Lease Financings— 1,701 1,701 — 165,039 — 165,039 
UnallocatedN/A150 150 N/AN/AN/AN/A
Total$585 $82,459 $83,044 $31,485 $5,275,169 $187 $5,306,841 
At December 31, 2019
Commercial, Financial and Agricultural$44 $8,715 $8,759 $3,442 $943,587 $— $947,029 
Real Estate-Commercial and Construction1,562 16,634 18,196 28,185 2,244,534 317 2,273,036 
Real Estate-Residential Secured for Business Purpose306 2,316 2,622 2,980 370,993 — 373,973 
Real Estate-Residential and Home Equity Secured for Personal Purpose196 3,593 3,789 3,519 609,975 — 613,494 
Loans to Individuals— 470 470 — 29,883 — 29,883 
Lease Financings— 1,311 1,311 277 149,144 — 149,421 
UnallocatedN/A184 184 N/AN/AN/AN/A
Total$2,108 $33,223 $35,331 $38,403 $4,348,116 $317 $4,386,836 
N/A – Not applicable
Schedule of Accruing and Nonaccruing Troubled Debt Restructured Loans
The following presents, by class of loans, information regarding accruing and nonaccrual loans that were restructured during the years ended December 31, 2020 and 2019:
For the Years Ended December 31,
 20202019
(Dollars in thousands)Number
of
Loans		Pre-
Restructuring
Outstanding
Recorded
Investment		Post-
Restructuring
Outstanding
Recorded
Investment		Number
of
Loans		Pre-
Restructuring
Outstanding
Recorded
Investment		Post-
Restructuring
Outstanding
Recorded
Investment
Accruing Troubled Debt Restructured Loans:
Real estate—home equity secured for personal purpose— $— $— 1 $55 $55 
Total— $— $— 1 $55 $55 
Nonaccrual Troubled Debt Restructured Loans:
Commercial, financial and agricultural1 $619 $619 4 $1,475 $1,475 
Real estate—commercial real estate— — — 2 12,414 12,414 
Real estate—residential secured for personal purpose1 544 544 — — — 
Total2 $1,163 $1,163 6 $13,889 $13,889 
Summary of Concessions Granted on Restructured Loans
The following presents, by class of loans, information regarding the types of concessions granted on accruing and nonaccrual loans that were restructured during the years ended December 31, 2020 and 2019 (excluding loans modified in accordance with Section 4013 of the CARES Act and the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customer Affected by the Coronavirus):
 Maturity Date
Extension		Amortization Period ExtensionIncremental Extension of CreditTotal Concessions
Granted
(Dollars in thousands)No. of
Loans		AmountNo. of
Loans		AmountNo. of
Loans		AmountNo. of
Loans		Amount
For the Year Ended December 31, 2020
Accruing Troubled Debt Restructured Loans:
Total— $— — $— — $— — $— 
Nonaccrual Troubled Debt Restructured Loans:
Commercial, financial and agricultural— $— 1 $619 — $— 1 $619 
Real estate—residential secured for personal purpose— — 1 544 — — 1 544 
Total— $— 2 $1,163 — $— 2 $1,163 
For the Year Ended December 31, 2019
Accruing Troubled Debt Restructured Loans:
Real estate—home equity secured for personal purpose— $— 1 $55 — $— 1 $55 
Total— $— 1 $55 — $— 1 $55 
Nonaccrual Troubled Debt Restructured Loans:
Commercial, financial and agricultural1 $19 2 $956 1 $500 4 $1,475 
Real estate—commercial real estate— — 1 1,313 1 11,101 2 12,414 
Total1 $19 3 $2,269 2 $11,601 6 $13,889 
Schedule of Accruing and Nonaccrual Troubled Debt Restructured Loans with Payment Defaults
The following presents, by class of loans, information regarding accruing and nonaccrual troubled debt restructured loans, for which there were payment defaults within twelve months of the restructuring date:
 For the Years Ended December 31,
 20202019
(Dollars in thousands)Number
of Loans		Recorded
Investment		Number
of Loans		Recorded
Investment
Accruing Troubled Debt Restructured Loans:
Total— $— — $— 
Nonaccrual Troubled Debt Restructured Loans:
Commercial, financial and agricultural— $— 1 $17 
Total— $— 1 $17 
Schedule of Mortgages in Process of Foreclosure
The following presents, by class of loans, information regarding consumer mortgages collateralized by residential real estate property that are in the process of foreclosure at December 31, 2020 and 2019:
(Dollars in thousands)At December 31, 2020At December 31, 2019
Real estate-residential secured for personal purpose$64 $714 
Real estate-home equity secured for personal purpose— 1,058 
Total$64 $1,772 
Schedule of Foreclosed Residential Real Estate
The following presents foreclosed residential real estate property included in other real estate owned at December 31, 2020 and 2019.
(Dollars in thousands)At December 31, 2020At December 31, 2019
Foreclosed residential real estate$— $71 
Schedule of Maturities of Lease Financing Receivables
The following presents the maturity analysis of lease financing receivables:

(Dollars in thousands)At December 31, 2020At December 31, 2019
2020N/A$57,515 
202161,724 45,510 
202249,970 32,233 
202335,631 18,345 
202420,821 6,639 
20258,319 957 
Thereafter2,763 1,302 
Total lease financing receivables179,228 162,501 
Plus: Unguaranteed residual914 886 
Plus: Initial direct costs2,567 2,374 
Less: Imputed interest(17,670)(16,340)
Net investment in lease financing receivables$165,039 $149,421