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LOANS RECEIVABLE, INCLUDING LOANS HELD FOR SALE (Tables)
 12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Loans Receivable Including Held For Sale
Major classification of WebBank's loans receivable, including loans held for sale, at December 31, 2018 and 2017 are as follows:
 
Total
 
Current
 
Non-current
 
December 31, 2018
 
%
 
December 31, 2017
 
%
 
December 31, 2018
 
December 31, 2017
 
December 31, 2018
 
December 31, 2017
Loans held for sale
$
188,143

 
 
 
$
136,773

 
 
 
$
188,143

 
$
136,773

 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate loans
$
632

 
—
%
 
$
568

 
1
%
 
—

 
20

 
632

 
$
548

Commercial and industrial
146,758

 
44
%
 
84,726

 
61
%
 
81,507

 
28,315

 
65,251

 
56,411

Consumer loans
188,391

 
56
%
 
53,238

 
38
%
 
89,899

 
22,371

 
98,492

 
30,867

Total loans
335,781

 
100
%
 
138,532

 
100
%
 
171,406

 
50,706

 
164,375

 
87,826

Less:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses
(17,659
)
 
 
 
(5,237
)
 
 
 
(17,659
)
 
(5,237
)
 
—

 
—

Total loans receivable, net
$
318,122

 
 
 
$
133,295

 
 
 
153,747

 
45,469

 
164,375

 
87,826

Loans receivable, including loans held for sale (a)
 
 
 
 
 
 
 
 
$
341,890

 
$
182,242

 
$
164,375

 
$
87,826

(a)
The carrying value is considered to be representative of fair value because the rates of interest are not significantly different from market interest rates for instruments with similar maturities. The fair value of loans receivable, including loans held for sale, was $510,543 and $270,068 at December 31, 2018 and 2017, respectively.
Allowance for Loan and Lease Losses
Changes in the ALLL are summarized as follows:
 
Commercial Real Estate Loans
 
Commercial & Industrial
 
Consumer Loans
 
Total
December 31, 2016
$
29

 
$
880

 
$
574

 
$
1,483

Charge-offs
—

 
(933
)
 
(1,214
)
 
(2,147
)
Recoveries
17

 
142

 
103

 
262

Provision
(33
)
 
2,711

 
2,961

 
5,639

December 31, 2017
13

 
2,800

 
2,424

 
5,237

Charge-offs
—

 
(2,772
)
 
(4,549
)
 
(7,321
)
Recoveries
20

 
272

 
393

 
685

Provision
(7
)
 
5,865

 
13,200

 
19,058

December 31, 2018
$
26

 
$
6,165

 
$
11,468

 
$
17,659


The ALLL and outstanding loan balances according to the Company's impairment method are summarized as follows:
December 31, 2018
Commercial Real Estate Loans
 
Commercial & Industrial
 
Consumer Loans
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
Individually evaluated for impairment
$
15

 
$
109

 
$
—

 
$
124

Collectively evaluated for impairment
11

 
6,056

 
11,468

 
17,535

Total
$
26

 
$
6,165

 
$
11,468

 
$
17,659

Outstanding loan balances:
 
 
 
 

 
 
Individually evaluated for impairment
$
15

 
$
3,851

 
$
—

 
$
3,866

Collectively evaluated for impairment
617

 
142,907

 
188,391

 
331,915

Total
$
632

 
$
146,758

 
$
188,391

 
$
335,781


December 31, 2017
Commercial Real Estate Loans
 
Commercial & Industrial
 
Consumer Loans
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
Individually evaluated for impairment
$
1

 
$
38

 
$
—

 
$
39

Collectively evaluated for impairment
12

 
2,762

 
2,424

 
5,198

Total
$
13

 
$
2,800

 
$
2,424

 
$
5,237

Outstanding loan balances:
 
 
 
 
 
 
 
Individually evaluated for impairment
$
16

 
$
41

 
$
—

 
$
57

Collectively evaluated for impairment
552

 
84,685

 
53,238

 
138,475

Total
$
568

 
$
84,726

 
$
53,238

 
$
138,532
Past Due Loans (Accruing and Nonaccruing)
Past due loans (accruing and nonaccruing) are summarized as follows:
December 31, 2018
Current
 
30-89 Days
Past Due
 
90+ Days
Past Due
 
Total
Past Due
 
Total Loans
 
Recorded
Investment
In Accruing
Loans 90+
Days Past Due
 
Nonaccrual
Loans
That Are
Current (a)
Commercial real estate loans
$
632

 
$
—

 
$
—

 
$
—

 
$
632

 
$
—

 
$
—

Commercial and industrial
140,616

 
3,755

 
2,387

 
6,142

 
146,758

 
2,387

 
—

Consumer loans
184,502

 
2,950

 
939

 
3,889

 
188,391

 
939

 
—

Total loans
$
325,750

 
$
6,705

 
$
3,326

 
$
10,031

 
$
335,781

 
$
3,326

 
$
—


December 31, 2017
Current
 
30-89 Days
Past Due
 
90+ Days
Past Due
 
Total
Past Due
 
Total Loans
 
Recorded
Investment
In Accruing
Loans 90+
Days Past Due
 
Nonaccrual
Loans
That Are
Current (a)
Commercial real estate loans
$
568

 
$
—

 
$
—

 
$
—

 
$
568

 
$
—

 
$
—

Commercial and industrial
81,101

 
1,074

 
2,551

 
3,625

 
84,726

 
2,551

 
—

Consumer loans
52,521

 
610

 
107

 
717

 
53,238

 
107

 
—

Total loans
$
134,190

 
$
1,684

 
$
2,658

 
$
4,342

 
$
138,532

 
$
2,658

 
$
—


(a)
Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected.
Outstanding Loans (Accruing and Nonaccruing)
Outstanding loan balances (accruing and nonaccruing) categorized by these credit quality indicators are summarized as follows:
December 31, 2018
Non - Graded
 
Pass
 
Special
Mention
 
Sub-
standard
 
Doubtful
 
Total Loans
Commercial real estate loans
$
—

 
$
617

 
$
—

 
$
15

 
$
—

 
$
632

Commercial and industrial
79,851

 
62,317

 
739

 
3,851

 
—

 
146,758

Consumer loans
188,391

 
—

 
—

 
—

 
—

 
188,391

Total loans
$
268,242

 
$
62,934

 
$
739

 
$
3,866

 
$
—

 
$
335,781


December 31, 2017
Non - Graded
 
Pass
 
Special
Mention
 
Sub-
standard
 
Doubtful
 
Total Loans
Commercial real estate loans
$
—

 
$
552

 
$
—

 
$
16

 
$
—

 
$
568

Commercial and industrial
25,082

 
56,286

 
3,317

 
41

 
—

 
84,726

Consumer loans
53,238

 
—

 
—

 
—

 
—

 
53,238

Total loans
$
78,320

 
$
56,838

 
$
3,317

 
$
57

 
$
—

 
$
138,532
Impaired Loans
nformation on impaired loans is summarized as follows:
 
 
 
Recorded Investment
 
 
 
 
 
 
December 31, 2018
Unpaid Principal
Balance
 
With No
Allowance
 
With
Allowance
 
Total Recorded
Investment
 
Related
Allowance
 
Average Recorded
Investment
Commercial real estate loans
$
15

 
$
—

 
$
15

 
$
15

 
$
15

 
$
16

Commercial and industrial
3,851

 
—

 
3,851

 
3,851

 
109

 
3,878

Total loans
$
3,866

 
$
—

 
$
3,866

 
$
3,866

 
$
124

 
$
3,894


 
 
 
Recorded Investment
 
 
 
 
 
 
December 31, 2017
Unpaid Principal
Balance
 
With No
Allowance
 
With
Allowance
 
Total Recorded
Investment
 
Related
Allowance
 
Average Recorded
Investment
Commercial real estate loans
$
16

 
$
—

 
$
16

 
$
16

 
$
1

 
$
16

Commercial and industrial
41

 
3

 
38

 
41

 
38

 
14

Total loans
$
57

 
$
3

 
$
54

 
$
57

 
$
39

 
$
30