Allowance for Credit Losses

12 Months Ended

Dec. 31, 2021

Allowance For Loan And Lease Losses [Abstract]

Allowance for Credit Losses

Allowance for Credit Losses

The allowance for credit losses (ACL) was $85,376,000 as of December 31, 2021 as compared to $91,847,000 at December 31, 2020. Changes in loan volume and changes in credit quality associated with levels of classified, past due and non-performing loans in addition to changes in qualitative factors, result in the need for changes in the balance of the allowance for credit losses. In addition to the quantitative loan portfolio credit quality characteristics which are illustrated in the following tabular disclosures, the Company’s expected credit loss methodology incorporates the use of qualitative factors. The two most critical qualitative factors utilized by the Company include the actual and forecasted changes in both California unemployment and U.S. gross domestic product. During the year ended December 31, 2021, both the quantitative and qualitative factors improved which resulted in a decrease in the related components of the allowance for credit losses, despite the increases in non-PPP loan balances outstanding. The table below sets forth the components of the Company’s allowance for credit losses as of the dates indicated.

(dollars in thousands)	December 31, 2021		December 31, 2020
Allowance for credit losses:
Qualitative and forecast factor allowance	$	59,855	$	61,935
Quantitative (Cohort) model allowance reserves	24,539		28,462
Total allowance for credit losses	84,394		90,397
Allowance for individually evaluated loans	982		1,450
Allowance for PCD loan losses	—		—
Total allowance for credit losses	$	85,376	$	91,847

The following tables summarize the activity in the allowance for loan losses, and ending balance of loans, net of unearned fees for the periods indicated.

	Allowance for Credit Losses – December 31, 2021
(in thousands)	Beginning Balance		Charge-offs		Recoveries		Provision for (Benefit from) Credit Losses		Ending  Balance
Commercial real estate:
CRE non-owner occupied	$	29,380	$	—	$	12	$	(3,653)	$	25,739
CRE owner occupied	10,861		(18)		794		(946)		10,691
Multifamily	11,472		—		—		923		12,395
Farmland	1,980		(126)		—		461		2,315
Total commercial real estate loans	53,693		(144)		806		(3,215)		51,140
Consumer:
SFR 1-4 1st DT liens	10,117		(145)		13		738		10,723
SFR HELOCs and junior liens	11,771		(29)		1,127		(2,359)		10,510
Other	3,260		(577)		361		(803)		2,241
Total consumer loans	25,148		(751)		1,501		(2,424)		23,474
Commercial and industrial	4,252		(1,470)		755		325		3,862
Construction	7,540		(27)		—		(1,846)		5,667
Agriculture production	1,209		—		24		(18)		1,215
Leases	5		—		—		13		18
Allowance for credit losses on loans	91,847		(2,392)		3,086		(7,165)		85,376
Reserve for unfunded commitments	3,400		—		—		390		3,790
Total	$	95,247	$	(2,392)	$	3,086	$	(6,775)	$	89,166

	Allowance for Credit Losses – December 31, 2020
(in thousands)	Beginning Balance		Impact of CECL Adoption		Charge-offs		Recoveries		Provision for (Benefit from) Credit Losses		Ending  Balance
Commercial real estate:
CRE non-owner occupied	$	5,948	$	6,701	$	—	$	198	$	16,533	$	29,380
CRE owner occupied	2,027		2,281		—		28		6,525		10,861
Multifamily	3,352		2,281		—		—		5,839		11,472
Farmland	668		585		(182)		—		909		1,980
Total commercial real estate loans	11,995		11,848		(182)		226		29,806		53,693
Consumer:
SFR 1-4 1st DT liens	2,306		2,675		(13)		416		4,733		10,117
SFR HELOCs and junior liens	6,183		4,638		(116)		304		762		11,771
Other	1,595		971		(670)		347		1,017		3,260
Total consumer loans	10,084		8,284		(799)		1,067		6,512		25,148
Commercial and industrial	4,867		(1,961)		(774)		568		1,552		4,252
Construction	3,388		933		—		—		3,219		7,540
Agriculture production	261		(179)		—		24		1,103		1,209
Leases	21		(12)		—		—		(4)		5
Allowance for loan losses	30,616		18,913		(1,755)		1,885		42,188		91,847
Reserve for unfunded commitments	2,775		—		—		—		625		3,400
Total	$	33,391	$	18,913	$	(1,755)	$	1,885	$	42,813	$	95,247

	Allowance for Loan Losses – December 31, 2019
(in thousands)	Beginning Balance		Charge-offs		Recoveries		Provision for (Benefit from) Credit Losses		Ending  Balance
Commercial real estate:
CRE non-owner occupied	$	7,401	$	—	$	1,486	$	(2,939)	$	5,948
CRE owner occupied	2,711		(746)		42		20		2,027
Multifamily	2,429		—		—		923		3,352
Farmland	403		—		—		265		668
Total commercial real estate loans	12,944		(746)		1,528		(1,731)		11,995
Consumer:
SFR 1-4 1st DT liens	2,676		(2)		54		(422)		2,306
SFR HELOCs and junior liens	7,582		(3)		935		(2,331)		6,183
Other	793		(765)		321		1,246		1,595
Total consumer loans	11,051		(770)		1,310		(1,507)		10,084
Commercial and industrial	5,610		(2,104)		513		848		4,867
Construction	2,497		—		—		891		3,388
Agriculture production	480		(19)		12		(212)		261
Leases	—		—		—		21		21
Allowance for loan losses	$	32,582	$	(3,639)	$	3,363	$	(1,690)	$	30,616
	Reserve for Unfunded Commitments - December 31, 2019
Reserve for unfunded commitments	$	2,575	$	—	$	—	$	200	$	2,775

As part of the on-going monitoring of the credit quality of the Company’s loan portfolio, management tracks certain credit quality indicators including, but not limited to, trends relating to (i) the level of criticized and classified loans, (ii) net charge-offs, (iii) non-performing loans, and (iv) delinquency within the portfolio. The Company analyzes loans individually to classify the loans as to credit risk and grading. This analysis is performed annually for all outstanding balances greater than $1,000,000 and non-homogeneous loans, such as commercial real estate loans, unless other indicators, such as delinquency, trigger more frequent evaluation. Loans below the $1,000,000 threshold and homogenous in nature are evaluated as needed for proper grading based on delinquency and borrower credit scores.

Collateral values may be determined by appraisals obtained through Bank approved, licensed appraisers, qualified independent third parties, public value information (blue book values for autos), sales invoices, or other appropriate means. Appropriate valuations are obtained at initiation of the credit and periodically (every 3-12 months depending on collateral type) once repayment is questionable and the loan has been classified.

The Company utilizes a risk grading system to assign a risk grade to each of its loans. Loans are graded on a scale ranging from Pass to Loss. A description of the general characteristics of the risk grades is as follows:

•Pass – This grade represents loans ranging from acceptable to very little or no credit risk. These loans typically meet most if not all policy standards in regard to: loan amount as a percentage of collateral value, debt service coverage, profitability, leverage, and working capital.

•Special Mention – This grade represents “Other Assets Especially Mentioned” in accordance with regulatory guidelines and includes loans that display some potential weaknesses which, if left unaddressed, may result in deterioration of the repayment prospects for the asset or may inadequately protect the Company’s position in the future. These loans warrant more than normal supervision and attention.

•Substandard – This grade represents “Substandard” loans in accordance with regulatory guidelines. Loans within this rating typically exhibit weaknesses that are well defined to the point that repayment is jeopardized. Loss potential is, however, not necessarily evident. The underlying collateral supporting the credit appears to have sufficient value to protect the Company from loss of principal and accrued interest, or the loan has been written down to the point where this is true. There is a definite need for a well-defined workout/rehabilitation program.

•Doubtful – This grade represents “Doubtful” loans in accordance with regulatory guidelines. An asset classified as Doubtful has all the weaknesses inherent in a loan classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Pending factors include proposed merger, acquisition, or liquidation procedures, capital injection, perfecting liens on additional collateral, and financing plans.

•Loss – This grade represents “Loss” loans in accordance with regulatory guidelines. A loan classified as Loss is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off the loan, even though some recovery may be affected in the future. The portion of the loan that is graded loss should be charged off no later than the end of the quarter in which the loss is identified.

The following tables present ending loan balances by loan category and risk grade for the periods indicated:

	Term Loans Amortized Cost Basis by Origination Year - As of December 31, 2021
(in thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Commercial real estate:
CRE non-owner occupied risk ratings
Pass	$	275,305	$	127,299	$	199,764	$	133,046	$	224,581	$	543,430	$	49,899	$	—	$	1,553,324
Special Mention	—		—		8,386		399		4,390		20,612		1,732		—		35,519
Substandard	—		—		—		1,382		739		12,177		—		—		14,298
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total CRE non-owner occupied risk ratings	$	275,305	$	127,299	$	208,150	$	134,827	$	229,710	$	576,219	$	51,631	$	—	$	1,603,141

Commercial real estate:
CRE owner occupied risk ratings
Pass	$	178,092	$	104,571	$	63,979	$	48,721	$	55,399	$	203,431	$	22,745	$	—	$	676,938
Special Mention	15,515		—		—		289		2,964		3,833		—		—		22,601
Substandard	—		—		858		1,214		455		4,241		—		—		6,768
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total CRE owner occupied risk ratings	$	193,607	$	104,571	$	64,837	$	50,224	$	58,818	$	211,505	$	22,745	$	—	$	706,307

	Term Loans Amortized Cost Basis by Origination Year - As of December 31, 2021
(in thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Commercial real estate:
Multifamily risk ratings
Pass	$	278,942	$	100,752	$	71,822	$	109,374	$	85,932	$	146,984	$	25,236	$	—	$	819,042
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		4,305		—		—		153		—		—		4,458
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total multifamily loans	$	278,942	$	100,752	$	76,127	$	109,374	$	85,932	$	147,137	$	25,236	$	—	$	823,500

Commercial real estate:
Farmland risk ratings
Pass	$	43,601	$	17,399	$	20,223	$	15,119	$	9,129	$	18,455	$	37,612	$	—	$	161,538
Special Mention	—		—		—		—		1,197		2,519		1,491		—		5,207
Substandard	—		—		2,895		—		578		1,371		1,517		—		6,361
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total farmland loans	$	43,601	$	17,399	$	23,118	$	15,119	$	10,904	$	22,345	$	40,620	$	—	$	173,106

Consumer loans:
SFR 1-4 1st DT liens risk ratings
Pass	$	268,743	$	159,860	$	40,661	$	30,880	$	36,197	$	113,519	$	—	$	3,527	$	653,387
Special Mention	—		—		286		3,282		416		1,476		—		383		5,843
Substandard	1,103		—		—		1,089		256		4,758		—		524		7,730
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total SFR 1st DT liens	$	269,846	$	159,860	$	40,947	$	35,251	$	36,869	$	119,753	$	—	$	4,434	$	666,960

Consumer loans:
SFR HELOCs and Junior Liens risk ratings
Pass	$	494	$	—	$	—	$	—	$	—	$	185	$	317,381	$	9,675	$	327,735
Special Mention	—		—		—		—		—		53		3,655		832		4,540
Substandard	—		—		—		—		—		2		4,164		1,072		5,238
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total SFR HELOCs and Junior Liens	$	494	$	—	$	—	$	—	$	—	$	240	$	325,200	$	11,579	$	337,513

Consumer loans:
Other risk ratings
Pass	$	20,920	$	15,939	$	17,316	$	8,016	$	2,137	$	1,079	$	612	$	—	$	66,019
Special Mention	—		46		157		233		98		51		69		—		654
Substandard	—		53		96		94		67		85		10		—		405
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total other consumer loans	$	20,920	$	16,038	$	17,569	$	8,343	$	2,302	$	1,215	$	691	$	—	$	67,078

	Term Loans Amortized Cost Basis by Origination Year - As of December 31, 2021
(in thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Commercial and industrial loans:
Commercial and industrial risk ratings
Pass	$	92,972	$	17,933	$	27,335	$	11,335	$	6,355	$	6,774	$	89,358	$	860	$	252,922
Special Mention	—		2,417		69		152		71		80		116		—		2,905
Substandard	—		—		146		152		804		414		1,832		180		3,528
Doubtful/Loss	—				—		—		—		—		—		—		—
Total commercial and industrial loans	$	92,972	$	20,350	$	27,550	$	11,639	$	7,230	$	7,268	$	91,306	$	1,040	$	259,355

Construction loans:
Construction risk ratings
Pass	$	66,318	$	79,567	$	58,383	$	4,849	$	1,716	$	8,148	$	—	$	—	$	218,981
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	2,675		472		—		—		—		153		—		—		3,300
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total construction loans	$	68,993	$	80,039	$	58,383	$	4,849	$	1,716	$	8,301	$	—	$	—	$	222,281

Agriculture production loans:
Agriculture production risk ratings
Pass	$	2,068	$	878	$	1,393	$	801	$	940	$	853	$	43,686	$	—	$	50,619
Special Mention	—		—		—		150		—		42		—		—		192
Substandard	—		—		—		—		—		—		—		—		—
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total agriculture production loans	$	2,068	$	878	$	1,393	$	951	$	940	$	895	$	43,686	$	—	$	50,811

Leases:
Lease risk ratings
Pass	$	6,572	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	6,572
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total leases	$	6,572	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	6,572

Total loans outstanding:
Risk ratings
Pass	$	1,234,027	$	624,198	$	500,876	$	362,141	$	422,386	$	1,042,858	$	586,529	$	14,062	$	4,787,077
Special Mention	15,515		2,463		8,898		4,505		9,136		28,666		7,063		1,215		77,461
Substandard	3,778		525		8,300		3,931		2,899		23,354		7,523		1,776		52,086
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total loans outstanding	$	1,253,320	$	627,186	$	518,074	$	370,577	$	434,421	$	1,094,878	$	601,115	$	17,053	$	4,916,624

The following information related to loan originations by vintage are presented for comparison purposes only.

	Term Loans Amortized Cost Basis by Origination Year – As of December 31, 2020
(in thousands)	2020		2019		2018		2017		2016		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Commercial real estate:
CRE non-owner occupied risk ratings
Pass	$	120,520	$	207,899	$	155,730	$	256,677	$	179,523	$	460,644	$	76,730	$	—	$	1,457,723
Special Mention	—		7,455		11,692		5,407		15,773		18,832		12,205		—		71,364
Substandard	—		—		1,449		584		2,147		2,288		—		—		6,468
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total CRE non-owner occupied risk ratings	$	120,520	$	215,354	$	168,871	$	262,668	$	197,443	$	481,764	$	88,935	$	—	$	1,535,555

Commercial real estate:
CRE owner occupied risk ratings
Pass	$	105,896	$	75,144	$	53,816	$	58,371	$	54,541	$	227,828	$	25,508	$	—	$	601,104
Special Mention	—		—		288		7,451		2,955		6,140		—		—		16,834
Substandard	—		1,533		1,301		475		1,306		1,822		—		—		6,437
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total CRE owner occupied risk ratings	$	105,896	$	76,677	$	55,405	$	66,297	$	58,802	$	235,790	$	25,508	$	—	$	624,375

Commercial real estate:
Multifamily risk ratings
Pass	$	77,646	$	118,725	$	113,882	$	70,112	$	67,457	$	123,518	$	19,007	$	—	$	590,347
Special Mention	9,441		—		—		603		24,687		772		9,259		—		44,762
Substandard	—		4,371		—		—		—		—		—		—		4,371
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total multifamily loans	$	87,087	$	123,096	$	113,882	$	70,715	$	92,144	$	124,290	$	28,266	$	—	$	639,480

Commercial real estate:
Farmland risk ratings
Pass	$	17,640	$	25,003	$	19,148	$	12,834	$	7,377	$	17,129	$	39,411	$	—	$	138,542
Special Mention	—		2,567		—		1,271		227		3,107		2,258		—		9,430
Substandard	—		700		—		602		—		1,214		2,004		—		4,520
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total farmland loans	$	17,640	$	28,270	$	19,148	$	14,707	$	7,604	$	21,450	$	43,673	$	—	$	152,492

Consumer loans:
SFR 1-4 1st DT liens risk ratings
Pass	$	183,719	$	80,717	$	36,342	$	53,001	$	46,467	$	126,465	$	76	$	5,507	$	532,294
Special Mention	—		290		684		110		15		2,936		—		934		4,969
Substandard	—		—		1,174		929		935		5,763		—		528		9,329
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total SFR 1st DT liens	$	183,719	$	81,007	$	38,200	$	54,040	$	47,417	$	135,164	$	76	$	6,969	$	546,592

	Term Loans Amortized Cost Basis by Origination Year – As of December 31, 2020
(in thousands)	2020		2019		2018		2017		2016		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Consumer loans:
SFR HELOCs and Junior Liens risk ratings
Pass	$	793	$	—	$	13	$	360	$	300	$	910	$	297,160	$	14,051	$	313,587
Special Mention	—		—		16		—		—		83		4,504		789		5,392
Substandard	—		—		—		—		—		39		6,698		1,768		8,505
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total SFR HELOCs and Junior Liens	$	793	$	—	$	29	$	360	$	300	$	1,032	$	308,362	$	16,608	$	327,484

Consumer loans:
Other risk ratings
Pass	$	25,876	$	29,539	$	14,170	$	4,238	$	1,020	$	967	$	986	$	—	$	76,796
Special Mention	43		208		147		74		24		65		90		—		651
Substandard	58		82		210		74		12		140		9		—		585
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total other consumer loans	$	25,977	$	29,829	$	14,527	$	4,386	$	1,056	$	1,172	$	1,085	$	—	$	78,032

Commercial and industrial loans:
Commercial and industrial risk ratings
Pass	$	356,701	$	48,838	$	20,463	$	13,151	$	5,185	$	9,490	$	65,938	$	1,085	$	520,851
Special Mention	—		102		698		195		20		178		207		11		1,411
Substandard	—		301		53		1,142		823		148		1,519		79		4,065
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans	$	356,701	$	49,241	$	21,214	$	14,488	$	6,028	$	9,816	$	67,664	$	1,175	$	526,327

Construction loans:
Construction risk ratings
Pass	$	69,133	$	41,786	$	92,191	$	51,082	$	20,868	$	2,876	$	—	$	—	$	277,936
Special Mention	—		—		—		346		—		1,780		—		—		2,126
Substandard	—		—		—		—		4,529		251		—		—		4,780
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total construction loans	$	69,133	$	41,786	$	92,191	$	51,428	$	25,397	$	4,907	$	—	$	—	$	284,842

Agriculture production loans:
Agriculture production risk ratings
Pass	$	977	$	2,079	$	1,590	$	1,838	$	663	$	708	$	36,051	$	—	$	43,906
Special Mention	—		—		203		—		49		—		—		—		252
Substandard	—		—		—		—		6		—		—		—		6
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total agriculture production loans	$	977	$	2,079	$	1,793	$	1,838	$	718	$	708	$	36,051	$	—	$	44,164

	Term Loans Amortized Cost Basis by Origination Year – As of December 31, 2020
(in thousands)	2020		2019		2018		2017		2016		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Leases:
Lease risk ratings
Pass	$	3,784	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	3,784
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total leases	$	3,784	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	3,784

Total loans outstanding:
Risk ratings
Pass	$	962,685	$	629,730	$	507,345	$	521,664	$	383,401	$	970,535	$	560,867	$	20,643	$	4,556,870
Special Mention	9,484		10,622		13,728		15,457		43,750		33,893		28,523		1,734		157,191
Substandard	58		6,987		4,187		3,806		9,758		11,665		10,230		2,375		49,066
Doubtful/Loss	—		—		—		—		—		—		—		—		—
Total loans outstanding	$	972,227	$	647,339	$	525,260	$	540,927	$	436,909	$	1,016,093	$	599,620	$	24,752	$	4,763,127

Once a loan becomes delinquent and repayment becomes questionable, a Bank collection officer will address collateral shortfalls with the borrower and attempt to obtain additional collateral. If this is not forthcoming and payment in full is unlikely, the Bank will estimate its probable loss, using a recent valuation as appropriate to the underlying collateral less estimated costs of sale, and charge the loan down to the estimated net realizable amount. Depending on the length of time until ultimate collection, the Bank may revalue the underlying collateral and take additional charge-offs as warranted. Revaluations may occur as often as every 3-12 months depending on the underlying collateral and volatility of values. Final charge-offs or recoveries are taken when collateral is liquidated and actual loss is known. Unpaid balances on loans after or during collection and liquidation may also be pursued through lawsuit and attachment of wages or judgment liens on borrower’s other assets.

The following table shows the ending balance of current and past due originated loans by loan category as of the date indicated:

	Analysis of Past Due Loans - As of December 31, 2021
(in thousands)	30-59 days		60-89 days		> 90 days		Total Past Due Loans		Current		Total
Commercial real estate:
CRE non-owner occupied	$	226	$	37	$	—	$	263	$	1,602,878	$	1,603,141
CRE owner occupied	271		127		273		671		705,636		706,307
Multifamily	—		—		—		—		823,500		823,500
Farmland	—		—		575		575		172,531		173,106
Total commercial real estate loans	497		164		848		1,509		3,304,545		3,306,054
Consumer:
SFR 1-4 1st DT liens	—		13		362		375		666,585		666,960
SFR HELOCs and junior liens	36		361		1,212		1,609		335,904		337,513
Other	109		7		28		144		66,934		67,078
Total consumer loans	145		381		1,602		2,128		1,069,423		1,071,551
Commercial and industrial	146		245		166		557		258,798		259,355
Construction	—		90		—		90		222,191		222,281
Agriculture production	48		—		—		48		50,763		50,811
Leases	—		—		—		—		6,572		6,572
Total	$	836	$	880	$	2,616	$	4,332	$	4,912,292	$	4,916,624

The following table shows the ending balance of current and past due originated loans by loan category as of the date indicated:

	Analysis of Past Due Loans - As of December 31, 2020
(in thousands)	30-59 days		60-89 days		> 90 days		Total Past Due Loans		Current		Total
Commercial real estate:
CRE non-owner occupied	$	127	$	173	$	239	$	539	$	1,535,016	$	1,535,555
CRE owner occupied	297		—		824		1,121		623,254		624,375
Multifamily	—		—		—		—		639,480		639,480
Farmland	899		—		70		969		151,523		152,492
Total commercial real estate loans	1,323		173		1,133		2,629		2,949,273		2,951,902
Consumer:
SFR 1-4 1st DT liens	37		—		960		997		545,595		546,592
SFR HELOCs and junior liens	418		212		1,671		2,301		325,183		327,484
Other	41		13		100		154		77,878		78,032
Total consumer loans	496		225		2,731		3,452		948,656		952,108
Commercial and industrial	155		426		105		686		525,641		526,327
Construction	—		—		—		—		284,842		284,842
Agriculture production	—		—		—		—		44,164		44,164
Leases	—		—		—		—		3,784		3,784
Total	$	1,974	$	824	$	3,969	$	6,767	$	4,756,360	$	4,763,127

The following table shows the ending balance of non accrual loans by loan category as of the date indicated:

	Non Accrual Loans
	As of December 31, 2021						As of December 31, 2020
(in thousands)	Non accrual with no allowance for credit losses		Total non accrual		Past due 90 days or more and still accruing		Non accrual with no allowance for credit losses		Total non accrual		Past due 90 days or more and still accruing
Commercial real estate:
CRE non-owner occupied	$	7,899	$	7,899	$	—	$	3,110	$	3,110	$	—
CRE owner occupied	4,763		5,036		—		3,111		4,061		—
Multifamily	4,457		4,457		—		—		—		—
Farmland	452		3,020		—		1,468		1,538		—
Total commercial real estate loans	17,571		20,412		—		7,689		8,709		—
Consumer:
SFR 1-4 1st DT liens	3,594		3,595		—		4,950		5,093		—
SFR HELOCs and junior liens	3,285		3,801		—		4,480		6,148		—
Other	48		71		—		68		167		—
Total consumer loans	6,927		7,467		—		9,498		11,408		—
Commercial and industrial	1,904		2,416		—		652		2,183		—
Construction	15		55		—		4,546		4,546		—
Agriculture production	—		—		—		5		18		—
Leases			—		—		—		—		—
Sub-total	26,417		30,350		—		22,390		26,864		—
Less: Guaranteed loans	(713)		(775)		—		(687)		(811)		—
Total, net	$	25,704	$	29,575	$	—	$	21,703	$	26,053	$	—

Interest income on non accrual loans that would have been recognized during the years ended December 31, 2021, 2020, and 2019, if all such loans had been current in accordance with their original terms, totaled $2,226,000, $1,804,000, and $1,201,000, respectively. Interest income actually recognized on these loans during the years ended December 31, 2021, 2020, and 2019 was $471,000, $701,000, and $372,000, respectively.

The following tables present the amortized cost basis of collateral dependent loans by class of loans as of the following periods:

	As of December 31, 2021
(in thousands)	Retail		Office		Warehouse		Other		Multifamily		Farmland		SFR -1st Deed		SFR -2nd Deed		Automobile/Truck		A/R and Inventory		Equipment		Total
Commercial real estate:
CRE non-owner occupied	$	2,591	$	1,253	$	1,545	$	7,272	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	12,661
CRE owner occupied	—		—		—		—		—		—		—		—		—		—		—		—
Multifamily	—		—		—		—		4,458		—		—		—		—		—		—		4,458
Farmland	—		—		—		—		—		1,027		—		—		—		—		—		1,027
Total commercial real estate loans	2,591		1,253		1,545		7,272		4,458		1,027		—		—		—		—				18,146
Consumer:
SFR 1-4 1st DT liens	—		—		—		—		—		—		3,589		—		—		—		—		3,589
SFR HELOCs and junior liens	—		—		—		—		—		—		1,649		1,636		—		—		—		3,285
Other	—		—		—		43		—		—		—		—		5		—		5		53
Total consumer loans	—		—		—		43		—		—		5,238		1,636		5		—		5		6,927
Commercial and industrial	—		—		—		—		—		—		—		—		—		2,162		112		2,274
Construction	—		—		—		—		—		—		15		—		—		—		—		15
Agriculture production	—		—		—		—		—		—		—		—		—		—		—		—
Leases	—		—		—		—		—		—		—		—		—		—		—		—
Total	$	2,591	$	1,253	$	1,545	$	7,315	$	4,458	$	1,027	$	5,253	$	1,636	$	5	$	2,162	$	117	$	27,362

	As of December 31, 2020
(in thousands)	Retail		Office		Warehouse		Other		Multifamily		Farmland		SFR -1st Deed		SFR -2nd Deed		Automobile/Truck		A/R and Inventory		Equipment		Total
Commercial real estate:
CRE non-owner occupied	$	2,445	$	435	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	2,880
CRE owner occupied	796		1,176		1,668		—		—		—		—		—		—		—		—		3,640
Multifamily	—		—		—		—		—		—		—		—		—		—		—		—
Farmland	—		—		—		—		—		1,538		—		—		—		—		—		1,538
Total commercial real estate loans	3,241		1,611		1,668		—		—		1,538		—		—		—		—		—		8,058
Consumer:
SFR 1-4 1st DT liens	—		—		—		—		—		—		5,068		—		—		—		—		5,068
SFR HELOCs and junior liens	—		—		—		—		—		—		1,855		2,839		—		—		—		4,694
Other	—		—		—		42		—		—		—		—		97		—		—		139
Total consumer loans	—		—		—		42		—		—		6,923		2,839		97		—		—		9,901
Commercial and industrial	—		—		—		292		—		—		—		—		—		1,173		75		1,540
Construction	—		—		—		—		—		—		4,547		—		—		—		—		4,547
Agriculture production	—		—		—		—		—		—		—		—		—		13		5		18
Leases	—		—		—		—		—		—		—		—		—						—
Total	$	3,241	$	1,611	$	1,668	$	334	$	—	$	1,538	$	11,470	$	2,839	$	97	$	1,186	$	80	$	24,064

The following tables show certain information regarding Troubled Debt Restructurings that occurred during the periods indicated: Modifications classified as TDRs can include one or a combination of the following: rate modifications, term extensions, interest only modifications, either temporary or long-term, payment modifications, and collateral substitutions/additions.

	TDR information for the year ended December 31, 2021
(dollars in thousands)	Number	Pre-mod outstanding principal balance		Post-mod outstanding principal balance		Financial impact due to TDR taken as additional provision		Number that defaulted during the period	Recorded investment of TDRs that defaulted during the period		Financial impact due to the default of previous TDR taken as charge- offs or additional provisions
Commercial real estate:
CRE non-owner occupied	5	$	4,966	$	4,956	$	1,020	—	$	—	$	—
CRE owner occupied	1	740		742		742		—	—		—
Multifamily	—	—		—		—		—	—		—
Farmland	2	701		703		50		3	847		—
Total commercial real estate loans	8	6,407		6,401		1,812		3	847		—
Consumer:
SFR 1-4 1st DT liens	—	—		—		—		—	—		—
SFR HELOCs and junior liens	1	200		247		—		—	—		—
Other	—	—		—		—		—	—		—
Total consumer loans	1	200		247		—		—	—		—
Commercial and industrial	7	2,476		2,468		709		2	260		(5)
Construction	—	—		—		—		—	—		—
Agriculture production	—	—		—		—		—	—		—
Leases	—	—		—		—		—	—		—
Total	16	$	9,083	$	9,116	$	2,521	5	$	1,107	$	(5)

	TDR information for the year ended December 31, 2020
(dollars in thousands)	Number	Pre-mod outstanding principal balance		Post-mod outstanding principal balance		Financial impact due to TDR taken as additional provision		Number that defaulted during the period	Recorded investment of TDRs that defaulted during the period		Financial impact due to the default of previous TDR taken as charge- offs or additional provisions
Commercial real estate:
CRE non-owner occupied	1	$	319	$	314	$	314	1	$	141	$	—
CRE owner occupied	4	1,847		1,877		67		1	950		—
Multifamily	—	—		—		—		—	—		—
Farmland	5	1,566		1,636		—		1	451		—
Total commercial real estate loans	10	3,732		3,827		381		3	1,542		—
Consumer:
SFR 1-4 1st DT liens	—	—		—		—		3	1,180		—
SFR HELOCs and junior liens	2	172		169		—		2	140		(90)
Other	—	—		—		—		—	—		—
Total consumer loans	2	172		169		—		5	1,320		(90)
Commercial and industrial	6	2,106		2,078		90		—	—		—
Construction	—	—		—		—		—	—		—
Agriculture production	—	—		—		—		—	—		—
Leases	—	—		—		—		—	—		—
Total	18	$	6,010	$	6,074	$	471	8	2,862		$	(90)

	TDR information for the year ended December 31, 2019
(in thousands)	Number	Pre-mod outstanding principal balance		Post-mod outstanding principal balance		Financial impact due to TDR taken as additional provision		Number that defaulted during the period		Recorded investment of TDRs that defaulted during the period		Financial impact due to the default of previous TDR taken as charge- offs or additional provisions
Commercial real estate:
CRE non-owner occupied	—	$	—	$	—	$	—	—		$	—	$	—
CRE owner occupied	2	60		67		—		—		—		—
Multifamily	—	—		—		—		—		—		—
Farmland	—	—		—		—		—		—		—
Total commercial real estate loans	2	60		67		—		—		—		—
Consumer:
SFR 1-4 1st DT liens	3	659		662		30		—		—		—
SFR HELOCs and junior liens	3	214		215		29		—		—		—
Other	—	—		—		—		—		—		—
Total consumer loans	6	873		877		59		—		—		—
Commercial and industrial	10	1,918		1,885		—		1		7		—
Construction	—	—		—		—		—		—		—
Agriculture production	—	—		—		—		—		—		—
Leases	—	—		—		—		—		—		—
Total	18	$	2,851	$	2,829	$	59	$	1	$	7	$	—

For all new TDRs, an impairment analysis is conducted. If the loan is determined to be collateral dependent, any additional amount of impairment will be calculated based on the difference between estimated collectible value and the current carrying balance of the loan. This difference could result in an increased provision and is typically charged off. If the asset is determined not to be collateral dependent, the impairment is measured on the net present value difference between the expected cash flows of the restructured loan and the cash flows which would have been received under the original terms. The effect of this could result in a requirement for additional provision to the reserve. The effect of these required provisions for the period are indicated above.

Typically if a TDR defaults during the period, the loan is then considered collateral dependent and, if it was not already considered collateral dependent, an appropriate provision will be reserved or charge will be taken. The additional provisions required resulting from default of previously modified TDR’s are noted above.