XML 48 R35.htm IDEA: XBRL DOCUMENT v3.19.1
LOANS (Tables)
 12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Schedule of composition of loans categorized by the type of loan

The following table presents loans outstanding, by type of loan, as of December 31:

 

 

 

 

 

 

 

% of Total

 

 

 

 

 

 

% of Total

 

(Dollars in thousands)

 

2018

 

 

Loans

 

 

2017

 

 

Loans

 

Residential mortgage

 

$

571,570

 

 

 

14.55

%

 

$

576,356

 

 

 

15.56

%

Multifamily mortgage

 

 

1,135,805

 

 

 

28.92

 

 

 

1,388,958

 

 

 

37.49

 

Commercial mortgage

 

 

702,165

 

 

 

17.88

 

 

 

626,656

 

 

 

16.92

 

Commercial loans (including equipment financing)

 

 

1,397,057

 

 

 

35.57

 

 

 

958,294

 

 

 

25.87

 

Home equity lines of credit

 

 

62,191

 

 

 

1.58

 

 

 

67,497

 

 

 

1.82

 

Consumer loans, including

   fixed rate home equity loans

 

 

58,678

 

 

 

1.49

 

 

 

86,277

 

 

 

2.33

 

Other loans

 

 

465

 

 

 

0.01

 

 

 

402

 

 

 

0.01

 

Total loans

 

$

3,927,931

 

 

 

100.00

%

 

$

3,704,440

 

 

 

100.00

%

 

In determining an appropriate amount for the allowance, the Bank segments and evaluates the loan portfolio based on Federal call report codes. The following portfolio classes have been identified as of December 31:

 

 

 

 

 

 

 

% of Total

 

 

 

 

 

 

% of Total

 

(Dollars in thousands)

 

2018

 

 

Loans

 

 

2017

 

 

Loans

 

Primary residential mortgage

 

$

600,891

 

 

 

15.31

%

 

$

605,569

 

 

 

16.35

%

Home equity lines of credit

 

 

62,191

 

 

 

1.58

 

 

 

67,497

 

 

 

1.82

 

Junior lien loan on residence

 

 

7,418

 

 

 

0.19

 

 

 

7,073

 

 

 

0.19

 

Multifamily property

 

 

1,135,805

 

 

 

28.94

 

 

 

1,388,958

 

 

 

37.51

 

Owner-occupied commercial real estate

 

 

261,193

 

 

 

6.65

 

 

 

253,492

 

 

 

6.85

 

Investment commercial real estate

 

 

1,001,918

 

 

 

25.53

 

 

 

874,098

 

 

 

23.61

 

Commercial and industrial

 

 

616,838

 

 

 

15.72

 

 

 

316,294

 

 

 

8.54

 

Lease financing

 

 

172,643

 

 

 

4.40

 

 

 

90,052

 

 

 

2.43

 

Farmland/Agricultural production

 

 

149

 

 

 

0.01

 

 

 

160

 

 

 

0.01

 

Commercial construction

 

 

86

 

 

 

0.01

 

 

 

92

 

 

 

0.01

 

Consumer and other

 

 

65,180

 

 

 

1.66

 

 

 

99,247

 

 

 

2.68

 

Total loans

 

$

3,924,312

 

 

 

100.00

%

 

$

3,702,532

 

 

 

100.00

%

Net deferred costs

 

 

3,619

 

 

 

 

 

 

 

1,908

 

 

 

 

 

Total loans including net deferred costs

 

$

3,927,931

 

 

 

 

 

 

$

3,704,440

 

 

 

 

 

 
Schedule of loans to executives and directors

The following table shows the changes in loans to officers, directors or their associates:

 

(In thousands)

 

2018

 

 

2017

 

Balance, beginning of year

 

$

4,688

 

 

$

4,788

 

New loans

 

 

2,174

 

 

 

511

 

Repayments

 

 

(2,288

)

 

 

(611

)

Loans with individuals no longer considered related parties

 

 

—

 

 

 

—

 

Balance, at end of year

 

$

4,574

 

 

$

4,688

 

 
Schedule of loan balances by portfolio segment, based on impairment method, and the corresponding balances in the allowance for loan losses

The following tables present the loan balances by portfolio segment, based on impairment method, and the corresponding balances in the allowance for loan losses (“ALLL”) as of December 31, 2018 and 2017:

 

December 31, 2018

 

 

 

Total

 

 

Ending ALLL

 

 

Total

 

 

Ending ALLL

 

 

 

 

 

 

 

 

 

 

 

Loans

 

 

Attributable

 

 

Loans

 

 

Attributable

 

 

 

 

 

 

 

 

 

 

 

Individually

 

 

to Loans

 

 

Collectively

 

 

to Loans

 

 

 

 

 

 

 

 

 

 

 

Evaluated

 

 

Individually

 

 

Evaluated

 

 

Collectively

 

 

 

 

 

 

Total

 

 

 

for

 

 

Evaluated for

 

 

for

 

 

Evaluated for

 

 

Total

 

 

Ending

 

(In thousands)

 

Impairment

 

 

Impairment

 

 

Impairment

 

 

Impairment

 

 

Loans

 

 

ALLL

 

Primary residential mortgage

 

$

9,518

 

 

$

262

 

 

$

591,373

 

 

$

3,244

 

 

$

600,891

 

 

$

3,506

 

Home equity lines of credit

 

 

255

 

 

 

—

 

 

 

61,936

 

 

 

164

 

 

 

62,191

 

 

 

164

 

Junior lien loan on residence

 

 

36

 

 

 

—

 

 

 

7,382

 

 

 

15

 

 

 

7,418

 

 

 

15

 

Multifamily property

 

 

1,262

 

 

 

—

 

 

 

1,134,543

 

 

 

5,959

 

 

 

1,135,805

 

 

 

5,959

 

Owner-occupied commercial real estate

 

 

1,574

 

 

 

—

 

 

 

259,619

 

 

 

2,614

 

 

 

261,193

 

 

 

2,614

 

Investment commercial real estate

 

 

18,655

 

 

 

—

 

 

 

983,263

 

 

 

14,248

 

 

 

1,001,918

 

 

 

14,248

 

Commercial and industrial

 

 

—

 

 

 

—

 

 

 

616,838

 

 

 

9,839

 

 

 

616,838

 

 

 

9,839

 

Lease financing

 

 

—

 

 

 

—

 

 

 

172,643

 

 

 

1,772

 

 

 

172,643

 

 

 

1,772

 

Secured by farmland and agricultural

   production

 

 

—

 

 

 

—

 

 

 

149

 

 

 

2

 

 

 

149

 

 

 

2

 

Commercial construction

 

 

—

 

 

 

—

 

 

 

86

 

 

 

1

 

 

 

86

 

 

 

1

 

Consumer and other

 

 

—

 

 

 

—

 

 

 

65,180

 

 

 

384

 

 

 

65,180

 

 

 

384

 

Total ALLL

 

$

31,300

 

 

$

262

 

 

$

3,893,012

 

 

$

38,242

 

 

$

3,924,312

 

 

$

38,504

 

 

December 31, 2017

 

 

 

Total

 

 

Ending ALLL

 

 

Total

 

 

Ending ALLL

 

 

 

 

 

 

 

 

 

 

 

Loans

 

 

Attributable

 

 

Loans

 

 

Attributable

 

 

 

 

 

 

 

 

 

 

 

Individually

 

 

to Loans

 

 

Collectively

 

 

to Loans

 

 

 

 

 

 

 

 

 

 

 

Evaluated

 

 

Individually

 

 

Evaluated

 

 

Collectively

 

 

 

 

 

 

Total

 

 

 

for

 

 

Evaluated for

 

 

for

 

 

Evaluated for

 

 

Total

 

 

Ending

 

(In thousands)

 

Impairment

 

 

Impairment

 

 

Impairment

 

 

Impairment

 

 

Loans

 

 

ALLL

 

Primary residential mortgage

 

$

9,802

 

 

$

482

 

 

$

595,767

 

 

$

3,603

 

 

$

605,569

 

 

$

4,085

 

Home equity lines of credit

 

 

27

 

 

 

—

 

 

 

67,470

 

 

 

221

 

 

 

67,497

 

 

 

221

 

Junior lien loan on residence

 

 

52

 

 

 

—

 

 

 

7,021

 

 

 

12

 

 

 

7,073

 

 

 

12

 

Multifamily property

 

 

—

 

 

 

—

 

 

 

1,388,958

 

 

 

10,007

 

 

 

1,388,958

 

 

 

10,007

 

Owner-occupied commercial real estate

 

 

2,503

 

 

 

—

 

 

 

250,989

 

 

 

2,385

 

 

 

253,492

 

 

 

2,385

 

Investment commercial real estate

 

 

10,681

 

 

 

40

 

 

 

863,417

 

 

 

11,893

 

 

 

874,098

 

 

 

11,933

 

Commercial and industrial

 

 

—

 

 

 

—

 

 

 

316,294

 

 

 

6,563

 

 

 

316,294

 

 

 

6,563

 

Lease financing

 

 

—

 

 

 

—

 

 

 

90,052

 

 

 

884

 

 

 

90,052

 

 

 

884

 

Secured by farmland and agricultural

   production

 

 

—

 

 

 

—

 

 

 

160

 

 

 

—

 

 

 

160

 

 

 

—

 

Commercial construction

 

 

—

 

 

 

—

 

 

 

92

 

 

 

1

 

 

 

92

 

 

 

1

 

Consumer and other

 

 

—

 

 

 

—

 

 

 

99,247

 

 

 

349

 

 

 

99,247

 

 

 

349

 

Total ALLL

 

$

23,065

 

 

$

522

 

 

$

3,679,467

 

 

$

35,918

 

 

$

3,702,532

 

 

$

36,440

 

 
Schedule of loans individually evaluated for impairment

The following tables present loans individually evaluated for impairment by class of loans as of December 31, 2018 and 2017:

 

 

 

December 31, 2018

 

 

 

Unpaid

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

Principal

 

 

Recorded

 

 

Specific

 

 

Impaired

 

(In thousands)

 

Balance

 

 

Investment

 

 

Reserves

 

 

Loans

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary residential mortgage

 

$

9,789

 

 

$

8,502

 

 

$

—

 

 

$

8,042

 

Owner-occupied commercial real estate

 

 

2,741

 

 

 

1,574

 

 

 

—

 

 

 

2,025

 

Investment commercial real estate

 

 

20,179

 

 

 

18,655

 

 

 

—

 

 

 

13,999

 

Home equity lines of credit

 

 

257

 

 

 

255

 

 

 

—

 

 

 

123

 

Junior lien loan on residence

 

 

102

 

 

 

36

 

 

 

—

 

 

 

45

 

Multifamily

 

 

1,262

 

 

 

1,262

 

 

 

—

 

 

 

105

 

Total loans with no related allowance

 

$

34,330

 

 

$

30,284

 

 

$

—

 

 

$

24,339

 

With related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary residential mortgage

 

$

1,016

 

 

$

1,016

 

 

$

262

 

 

$

1,144

 

Total loans with related allowance

 

$

1,016

 

 

$

1,016

 

 

$

262

 

 

$

1,144

 

Total loans individually evaluated for impairment

 

$

35,346

 

 

$

31,300

 

 

$

262

 

 

$

25,483

 

 

 

 

December 31, 2017

 

 

 

Unpaid

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

Principal

 

 

Recorded

 

 

Specific

 

 

Impaired

 

(In thousands)

 

Balance

 

 

Investment

 

 

Reserves

 

 

Loans

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary residential mortgage

 

$

9,607

 

 

$

8,388

 

 

$

—

 

 

$

10,847

 

Owner-occupied commercial real estate

 

 

3,238

 

 

 

2,503

 

 

 

—

 

 

 

1,568

 

Investment commercial real estate

 

 

9,564

 

 

 

9,500

 

 

 

—

 

 

 

9,971

 

Home equity lines of credit

 

 

29

 

 

 

27

 

 

 

—

 

 

 

38

 

Junior lien loan on residence

 

 

110

 

 

 

52

 

 

 

—

 

 

 

92

 

Total loans with no related allowance

 

$

22,548

 

 

$

20,470

 

 

$

—

 

 

$

22,516

 

With related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary residential mortgage

 

$

1,435

 

 

$

1,414

 

 

$

482

 

 

$

1,399

 

Investment commercial real estate

 

 

1,181

 

 

 

1,181

 

 

 

40

 

 

 

1,198

 

Total loans with related allowance

 

$

2,616

 

 

$

2,595

 

 

$

522

 

 

$

2,597

 

Total loans individually evaluated for impairment

 

$

25,164

 

 

$

23,065

 

 

$

522

 

 

$

25,113

 

 
Schedule of recorded investment in nonaccrual and loans past due over 90 days still on accrual

The following tables present the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of December 31, 2018 and 2017:

 

 

 

December 31, 2018

 

 

 

 

 

 

 

Loans Past Due Over

 

 

 

 

 

 

 

90 Days and Still

 

(In thousands)

 

Nonaccrual

 

 

Accruing Interest

 

Primary residential mortgage

 

$

5,215

 

 

$

—

 

Home equity lines of credit

 

 

235

 

 

 

—

 

Junior lien loan on residence

 

 

36

 

 

 

—

 

Owner-occupied commercial real estate

 

 

1,574

 

 

 

—

 

Investment commercial real estate

 

 

18,655

 

 

 

—

 

Total

 

$

25,715

 

 

$

—

 

 

 

 

December 31, 2017

 

 

 

 

 

 

 

Loans Past Due Over

 

 

 

 

 

 

 

90 Days and Still

 

(In thousands)

 

Nonaccrual

 

 

Accruing Interest

 

Primary residential mortgage

 

$

6,056

 

 

$

—

 

Home equity lines of credit

 

 

6

 

 

 

—

 

Junior lien loan on residence

 

 

52

 

 

 

—

 

Owner-occupied commercial real estate

 

 

2,503

 

 

 

—

 

Investment commercial real estate

 

 

4,913

 

 

 

—

 

Total

 

$

13,530

 

 

$

—

 

 
Schedule of aging of past due loans

The following tables present the recorded investment in past due loans as of December 31, 2018 and 2017 by class of loans, excluding nonaccrual loans:

 

 

 

December 31, 2018

 

 

 

30-59

 

 

60-89

 

 

Greater Than

 

 

 

 

 

 

 

Days

 

 

Days

 

 

90 Days

 

 

Total

 

(In thousands)

 

Past Due

 

 

Past Due

 

 

Past Due

 

 

Past Due

 

Primary residential mortgage

 

$

606

 

 

$

491

 

 

$

—

 

 

$

1,097

 

Consumer and other

 

 

2

 

 

 

—

 

 

 

—

 

 

 

2

 

Total

 

$

608

 

 

$

491

 

 

$

—

 

 

$

1,099

 

 

 

 

December 31, 2017

 

 

 

30-59

 

 

60-89

 

 

Greater Than

 

 

 

 

 

 

 

Days

 

 

Days

 

 

90 Days

 

 

Total

 

(In thousands)

 

Past Due

 

 

Past Due

 

 

Past Due

 

 

Past Due

 

Primary residential mortgage

 

$

216

 

 

$

—

 

 

$

—

 

 

$

216

 

Consumer and other

 

 

30

 

 

 

—

 

 

 

—

 

 

 

30

 

Total

 

$

246

 

 

$

—

 

 

$

—

 

 

$

246

 

 
Schedule of the risk category of loans by class of loans

The table below presents, based on the most recent analysis performed, the risk category of loans by class of loans for December 31, 2018 and 2017.

 

December 31, 2018

 

 

 

 

 

 

 

Special

 

 

 

 

 

 

 

 

 

(In thousands)

 

Pass

 

 

Mention

 

 

Substandard

 

 

Doubtful

 

Primary residential mortgage

 

$

590,372

 

 

$

943

 

 

$

9,576

 

 

$

—

 

Home equity lines of credit

 

 

61,936

 

 

 

—

 

 

 

255

 

 

 

—

 

Junior lien loan on residence

 

 

7,382

 

 

 

—

 

 

 

36

 

 

 

—

 

Multifamily property

 

 

1,130,926

 

 

 

3,263

 

 

 

1,616

 

 

 

—

 

Owner-occupied commercial real estate

 

 

255,417

 

 

 

249

 

 

 

5,527

 

 

 

—

 

Investment commercial real estate

 

 

948,300

 

 

 

20,756

 

 

 

32,862

 

 

 

—

 

Commercial and industrial

 

 

608,262

 

 

 

417

 

 

 

8,159

 

 

 

—

 

Lease financing

 

 

172,643

 

 

 

—

 

 

 

—

 

 

 

—

 

Secured by farmland and agricultural

 

 

149

 

 

 

—

 

 

 

—

 

 

 

—

 

Commercial construction

 

 

—

 

 

 

86

 

 

 

—

 

 

 

—

 

Consumer and other loans

 

 

64,946

 

 

 

—

 

 

 

234

 

 

 

—

 

Total

 

$

3,840,333

 

 

$

25,714

 

 

$

58,265

 

 

$

—

 

 

December 31, 2017

 

 

 

 

 

 

 

Special

 

 

 

 

 

 

 

 

 

(In thousands)

 

Pass

 

 

Mention

 

 

Substandard

 

 

Doubtful

 

Primary residential mortgage

 

$

594,846

 

 

$

866

 

 

$

9,857

 

 

$

—

 

Home equity lines of credit

 

 

67,470

 

 

 

—

 

 

 

27

 

 

 

—

 

Junior lien loan on residence

 

 

7,021

 

 

 

—

 

 

 

52

 

 

 

—

 

Multifamily property

 

 

1,371,825

 

 

 

16,755

 

 

 

378

 

 

 

—

 

Owner-occupied commercial real estate

 

 

249,003

 

 

 

837

 

 

 

3,652

 

 

 

—

 

Investment commercial real estate

 

 

827,558

 

 

 

23,377

 

 

 

23,163

 

 

 

—

 

Commercial and industrial

 

 

306,341

 

 

 

7,488

 

 

 

2,465

 

 

 

—

 

Lease financing

 

 

90,052

 

 

 

—

 

 

 

—

 

 

 

—

 

Secured by farmland and agricultural

 

 

160

 

 

 

—

 

 

 

—

 

 

 

—

 

Commercial construction

 

 

—

 

 

 

92

 

 

 

—

 

 

 

—

 

Consumer and other loans

 

 

97,135

 

 

 

—

 

 

 

2,112

 

 

 

—

 

Total

 

$

3,611,411

 

 

$

49,415

 

 

$

41,706

 

 

$

—

 

 
Schedule of Activity in Allowance for Loan and Lease Losses

The tables below present a roll forward of the ALLL for the years ended December 31, 2018, 2017 and 2016.

 

 

 

January 1,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

Beginning

 

 

 

 

 

 

 

 

 

 

Provision

 

 

Ending

 

(In thousands)

 

ALLL

 

 

Charge-Offs

 

 

Recoveries

 

 

(Credit)

 

 

ALLL

 

Primary residential mortgage

 

$

4,085

 

 

$

(138

)

 

$

160

 

 

$

(601

)

 

$

3,506

 

Home equity lines of credit

 

 

221

 

 

 

—

 

 

 

10

 

 

 

(67

)

 

 

164

 

Junior lien loan on residence

 

 

12

 

 

 

—

 

 

 

68

 

 

 

(65

)

 

 

15

 

Multifamily property

 

 

10,007

 

 

 

—

 

 

 

—

 

 

 

(4,048

)

 

 

5,959

 

Owner-occupied commercial real estate

 

 

2,385

 

 

 

(361

)

 

 

66

 

 

 

524

 

 

 

2,614

 

Investment commercial real estate

 

 

11,933

 

 

 

(1,335

)

 

 

45

 

 

 

3,605

 

 

 

14,248

 

Commercial and industrial

 

 

6,563

 

 

 

(46

)

 

 

109

 

 

 

3,213

 

 

 

9,839

 

Lease financing

 

 

884

 

 

 

—

 

 

 

—

 

 

 

888

 

 

 

1,772

 

Secured by farmland and agricultural

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

 

 

2

 

Commercial construction

 

 

1

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

Consumer and other

 

 

349

 

 

 

(68

)

 

 

4

 

 

 

99

 

 

 

384

 

Total ALLL

 

$

36,440

 

 

$

(1,948

)

 

$

462

 

 

$

3,550

 

 

$

38,504

 

 

 

 

January 1,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

Beginning

 

 

 

 

 

 

 

 

 

 

Provision

 

 

Ending

 

(In thousands)

 

ALLL

 

 

Charge-Offs

 

 

Recoveries

 

 

(Credit)

 

 

ALLL

 

Primary residential mortgage

 

$

3,666

 

 

$

(889

)

 

$

173

 

 

$

1,135

 

 

$

4,085

 

Home equity lines of credit

 

 

233

 

 

 

(23

)

 

 

62

 

 

 

(51

)

 

 

221

 

Junior lien loan on residence

 

 

16

 

 

 

(99

)

 

 

26

 

 

 

69

 

 

 

12

 

Multifamily property

 

 

11,192

 

 

 

—

 

 

 

—

 

 

 

(1,185

)

 

 

10,007

 

Owner-occupied commercial real estate

 

 

1,774

 

 

 

(734

)

 

 

—

 

 

 

1,345

 

 

 

2,385

 

Investment commercial real estate

 

 

10,909

 

 

 

(123

)

 

 

23

 

 

 

1,124

 

 

 

11,933

 

Commercial and industrial

 

 

4,164

 

 

 

(76

)

 

 

115

 

 

 

2,360

 

 

 

6,563

 

Lease financing

 

 

—

 

 

 

—

 

 

 

—

 

 

 

884

 

 

 

884

 

Secured by farmland and agricultural

 

 

2

 

 

 

—

 

 

 

—

 

 

 

(2

)

 

 

—

 

Commercial construction

 

 

9

 

 

 

—

 

 

 

—

 

 

 

(8

)

 

 

1

 

Consumer and other

 

 

243

 

 

 

(77

)

 

 

4

 

 

 

179

 

 

 

349

 

Total ALLL

 

$

32,208

 

 

$

(2,021

)

 

$

403

 

 

$

5,850

 

 

$

36,440

 

 

 

 

January 1,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

Beginning

 

 

 

 

 

 

 

 

 

 

Provision

 

 

Ending

 

(In thousands)

 

ALLL

 

 

Charge-Offs

 

 

Recoveries

 

 

(Credit)

 

 

ALLL

 

Primary residential mortgage

 

$

2,297

 

 

$

(1,047

)

 

$

28

 

 

$

2,388

 

 

$

3,666

 

Home equity lines of credit

 

 

86

 

 

 

(91

)

 

 

15

 

 

 

223

 

 

 

233

 

Junior lien loan on residence

 

 

66

 

 

 

—

 

 

 

140

 

 

 

(190

)

 

 

16

 

Multifamily property

 

 

11,813

 

 

 

—

 

 

 

—

 

 

 

(621

)

 

 

11,192

 

Owner-occupied commercial real estate

 

 

1,679

 

 

 

(11

)

 

 

72

 

 

 

34

 

 

 

1,774

 

Investment commercial real estate

 

 

7,590

 

 

 

(520

)

 

 

246

 

 

 

3,593

 

 

 

10,909

 

Commercial and industrial

 

 

2,209

 

 

 

(16

)

 

 

29

 

 

 

1,942

 

 

 

4,164

 

Secured by farmland and agricultural

 

 

2

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

Commercial construction

 

 

2

 

 

 

—

 

 

 

—

 

 

 

7

 

 

 

9

 

Consumer and other

 

 

112

 

 

 

(5

)

 

 

12

 

 

 

124

 

 

 

243

 

Total ALLL

 

$

25,856

 

 

$

(1,690

)

 

$

542

 

 

$

7,500

 

 

$

32,208

 

 
Schedule of loans modified as troubled debt restructurings

The following table presents loans by class modified as troubled debt restructurings that occurred during the year ended December 31, 2018:

 

 

 

 

 

 

 

Pre-Modification

 

 

Post-Modification

 

 

 

 

 

 

 

Outstanding

 

 

Outstanding

 

 

 

Number of

 

 

Recorded

 

 

Recorded

 

(Dollars in thousands)

 

Contracts

 

 

Investment

 

 

Investment

 

Primary residential mortgage

 

 

2

 

 

$

909

 

 

$

909

 

Investment commercial real estate

 

 

1

 

 

$

15,202

 

 

$

15,202

 

Total

 

 

3

 

 

$

16,111

 

 

$

16,111

 

 

The following table presents loans by class modified as troubled debt restructurings that occurred during the year ended December 31, 2017:

 

 

 

 

 

 

 

Pre-Modification

 

 

Post-Modification

 

 

 

 

 

 

 

Outstanding

 

 

Outstanding

 

 

 

Number of

 

 

Recorded

 

 

Recorded

 

(Dollars in thousands)

 

Contracts

 

 

Investment

 

 

Investment

 

Primary residential mortgage

 

 

6

 

 

$

1,223

 

 

$

1,223

 

Total

 

 

6

 

 

$

1,223

 

 

$

1,223

 

 

The following table presents loans by class modified as troubled debt restructurings that occurred during the year ended December 31, 2016:

 

 

 

 

 

 

 

Pre-Modification

 

 

Post-Modification

 

 

 

 

 

 

 

Outstanding

 

 

Outstanding

 

 

 

Number of

 

 

Recorded

 

 

Recorded

 

(Dollars in thousands)

 

Contracts

 

 

Investment

 

 

Investment

 

Primary residential mortgage

 

 

7

 

 

$

4,691

 

 

$

4,691

 

Junior lien loan on residence

 

 

1

 

 

 

63

 

 

 

63

 

Commercial and industrial

 

 

1

 

 

 

26

 

 

 

26

 

Total

 

 

9

 

 

$

4,780

 

 

$

4,780

 

 

The following table presents loans by class modified as troubled debt restructurings during the year ended December 31, 2017 for which there was a payment default during the same period:

 

 

 

Number of

 

 

Recorded

 

(Dollars in thousands)

 

Contracts

 

 

Investment

 

Primary residential mortgage

 

 

1

 

 

$

336

 

Total

 

 

1

 

 

$

336

 

 

The following table presents loans by class modified as troubled debt restructurings during the year ended December 31, 2016 for which there was a payment default during the same period:

 

 

 

Number of

 

 

Recorded

 

(Dollars in thousands)

 

Contracts

 

 

Investment

 

Primary residential mortgage

 

 

1

 

 

$

269

 

Total

 

 

1

 

 

$

269