Receivables [Abstract]

Schedule of loans acquired from Severn


	March 31, 2022
	Acquired Loans -		Acquired Loans -
	Purchased		Purchased		Acquired Loans -
(Dollars in thousands)	Credit Impaired		Performing		Total
Outstanding principal balance	$	35,603	$	478,949	$	514,552
Carrying amount
Construction	$	2,356	$	76,560	$	78,916
Residential real estate		16,603		152,793		169,396
Commercial real estate		13,207		197,264		210,471
Commercial		294		46,250		46,544
Consumer		27		1,184		1,211
Total loans	$	32,487	$	474,051	$	506,538


	December 31, 2021
	Acquired Loans -		Acquired Loans -
	Purchased		Purchased		Acquired Loans -
(Dollars in thousands)	Credit Impaired		Performing		Total
Outstanding principal balance	$	36,943	$	524,474	$	561,417
Carrying amount
Construction	$	2,379	$	91,823	$	94,202
Residential real estate		17,326		167,580		184,906
Commercial real estate		13,594		202,819		216,413
Commercial		321		56,200		56,521
Consumer		30		921		951
Total loans	$	33,650	$	519,343	$	552,993

Allowance for Credit Losses on Financing Receivables

Residential

Commercial

(Dollars in thousands)

Construction

real estate

Commercial

Consumer

Total

March 31, 2022

Loans individually evaluated for impairment

$

345

$

4,345

$

3,365

$

241

$

15

$

8,311

Loans collectively evaluated for impairment

255,475

632,852

911,544

176,502

163,935

2,140,308

Acquired loans - PCI

2,356

16,603

13,207

294

27

32,487

Total loans

$

258,176

$

653,800

$

928,116

$

177,037

$

163,977

$

2,181,106

Allowance for credit losses allocated to:

Loans individually evaluated for impairment

$

—

$

166

$

3

$

—

$

—

$

169

Loans collectively evaluated for impairment

2,857

2,409

4,497

1,805

2,973

14,541

Acquired loans - PCI

—

Total allowance

$

2,857

$

2,575

$

4,500

$

1,805

$

2,973

$

14,710


			Residential		Commercial
(Dollars in thousands)	Construction		real estate		real estate		Commercial		Consumer		Total
December 31, 2021
Loans individually evaluated for impairment	$	321	$	3,717	$	3,833	$	226	$	—	$	8,097
Loans collectively evaluated for impairment		236,653		633,726		878,802		202,830		125,417		2,077,428
Acquired loans - PCI		2,379		17,326		13,594		321		30		33,650
Total loans	$	239,353	$	654,769	$	896,229	$	203,377	$	125,447	$	2,119,175

Allowance for credit losses allocated to:
Loans individually evaluated for impairment	$	—	$	172	$	1	$	—	$	—	$	173
Loans collectively evaluated for impairment		2,454		2,686		4,597		2,070		1,964		13,771
Acquired loans - PCI		—		—		—		—		—		—
Total allowance	$	2,454	$	2,858	$	4,598	$	2,070	$	1,964	$	13,944

Troubled Debt Restructurings on Financing Receivables

The following tables provide a roll-forward for TDRs as of March 31, 2022 and March 31, 2021.


	1/1/2022												3/31/2022
	TDR		New		Disbursements		Charge-		Reclassifications/				TDR		Related
(Dollars in thousands)	Balance		TDRs		(Payments)		offs		Transfer In/(Out)		Payoffs		Balance		Allowance
For three months ended
March 31, 2022
Accruing TDRs
Construction	$	24	$	—	$	(4)	$	—	$	—	$	—	$	20	$	—
Residential real estate		2,836		—		(32)		—		(20)		—		2,784		166
Commercial real estate		2,807		—		(46)		—		—		(561)		2,200		3
Commercial		—		—		—		—		—		—		—		—
Consumer		—		—		—		—		—		—		—		—
Total	$	5,667	$	—	$	(82)	$	—	$	(20)	$	(561)	$	5,004	$	169

Nonaccrual TDRs
Construction	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential real estate		—		—		—		—		20		—		20		—
Commercial real estate		—		—		—		—		—		—		—		—
Commercial		216		—		(11)		—		—		—		205		—
Consumer		—		—		—		—		—		—		—		—
Total	$	216	$	—	$	(11)	$	—	$	20	$	—	$	225	$	—

Total	$	5,883	$	—	$	(93)	$	—	$	—	$	(561)	$	5,229	$	169


	1/1/2021												3/31/2021
	TDR		New		Disbursements		Charge-		Reclassifications/				TDR		Related
(Dollars in thousands)	Balance		TDRs		(Payments)		offs		Transfer In/(Out)		Payoffs		Balance		Allowance
For three months ended
March 31, 2021
Accruing TDRs
Construction	$	34	$	—	$	(2)	$	—	$	—	$	—	$	32	$	—
Residential real estate		3,845		—		(29)		—		—		(435)		3,381		95
Commercial real estate		3,118		—		(75)		—		—		—		3,043		—
Commercial		—		—		—		—		—		—		—		—
Consumer		—		—		—		—		—		—		—		—
Total	$	6,997	$	—	$	(106)	$	—	$	—	$	(435)	$	6,456	$	95

Nonaccrual TDRs
Construction	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential real estate		—		—		—		—		—		—		—		—
Commercial real estate		—		—		—		—		—		—		—		—
Commercial		258		—		(10)		—		—		—		248		—
Consumer		—		—		—		—		—		—		—		—
Total	$	258	$	—	$	(10)	$	—	$	—	$	—	$	248	$	—

Total	$	7,255	$	—	$	(116)	$	—	$	—	$	(435)	$	6,704	$	95

There were no loans modified and considered to be TDRs during the three months ended March 31, 2022 and March 31, 2021.

Past Due Financing Receivables


	Accruing
				30‑59 days			60‑89 days			Greater than			Total
(Dollars in thousands)	Current			past due			past due			90 days			past due			Nonaccrual			PCI			Total
March 31, 2022
Construction	$	254,773		$	722		$	—		$	—		$	722		$	325		$	2,356		$	258,176
Residential real estate		632,387			3,201			48			15			3,264			1,546			16,603			653,800
Commercial real estate		913,723			21			—			418			439			747			13,207			928,116
Commercial		176,498			4			—			26			30			215			294			177,037
Consumer		163,736			199			—			—			199			15			27			163,977
Total	$	2,141,117		$	4,147		$	48		$	459		$	4,654		$	2,848		$	32,487		$	2,181,106
Percent of total loans		98.2	%		0.2	%		—	%		—	%		0.2	%		0.1	%		1.5	%		100.0	%


	Accruing
				30‑59 days			60‑89 days			Greater than			Total
(Dollars in thousands)	Current			past due			past due			90 days			past due			Nonaccrual			PCI			Total
December 31, 2021
Construction	$	235,757		$	920		$	—		$	—		$	920		$	297		$	2,379		$	239,353
Residential real estate		635,166			1,371			25			78			1,474			803			17,326			654,769
Commercial real estate		881,350			259			—			420			679			606			13,594			896,229
Commercial		202,503			183			62			10			255			298			321			203,377
Consumer		125,130			287			—			—			287			—			30			125,447
Total	$	2,079,906		$	3,020		$	87		$	508		$	3,615		$	2,004		$	33,650		$	2,119,175
Percent of total loans		98.2	%		0.1	%		0.0	%		0.0	%		0.1	%		0.1	%		1.6	%		100.0	%