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LOANS AND LEASES (Tables)
12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Schedule of loans and leases, excluding loans held for sale
Loans, excluding loans held for sale, net of ACL under ASC 326 as of December 31, 2020 and loans, excluding loans held for sale, net of ACL under previous GAAP as December 31, 2019 consisted of the following:
 
 December 31,
(Dollars in thousands)20202019
Commercial, financial and agricultural:
Small Business Administration Paycheck Protection Program ("SBA PPP")$425,993 $— 
Other545,136 570,089 
Real estate:
Construction125,625 96,139 
Residential mortgage1,687,251 1,595,801 
Home equity550,216 490,239 
Commercial mortgage1,158,203 1,124,911 
Consumer479,580 569,516 
Subtotal4,972,004 4,446,695 
Net deferred (fees) costs(7,891)2,845 
Total loans$4,964,113 $4,449,540 
Financing Receivable, Purchased With Credit Deterioration
The following table presents loan purchases by class for the periods presented:

(Dollars in thousands)Consumer - UnsecuredConsumer - AutomobileTotal
Year Ended December 31, 2020
Purchases:
Outstanding balance$54,777 $— $54,777 
Purchase premium (discount)(1,619)— (1,619)
Purchase price$53,158 $— $53,158 
Year Ended December 31, 2019
Purchases:
Outstanding balance$112,181 $29,581 $141,762 
Purchase premium (discount)(2,307)630 (1,677)
Purchase price$109,874 $30,211 $140,085 
Schedule of balance in the allowance for loan and lease losses and the recorded investment in loans and lease based on the impairment measurement methods, by class
Schedule of impaired loans, by class
The following table presents by class, information related to impaired loans as of December 31, 2019, as determined in accordance with ASC 310 prior to the adoption of ASU 2016-13:
 
December 31, 2019
(Dollars in thousands)Unpaid
Principal
Balance
Recorded
Investment
ACL
Allocated
Impaired loans:   
Commercial, financial and agricultural - Other$246 $135 $— 
Real estate:
Residential mortgage7,230 6,516 — 
Home equity92 92 — 
Commercial mortgage1,839 1,839 — 
Total 9,407 8,582 — 
Impaired loans with an ACL recorded:   
Commercial, financial and agricultural - Other467 467 218 
Consumer17 17 17 
Total 484 484 235 
Total impaired loans$9,891 $9,066 $235 
Schedule of average recorded investment and interest income recognized on impaired loans, by class
The following table presents by class, the average recorded investment and interest income recognized on impaired loans during the years ended December 31, 2019 and 2018, as determined in accordance with ASC 310 prior to the adoption of ASU 2016-13:
 
Year EndedYear Ended
December 31, 2019December 31, 2018
(Dollars in thousands)Average
Recorded
Investment
Interest
Income
Recognized
Average
Recorded
Investment
Interest
Income
Recognized
Commercial, financial and agricultural - Other$214 $$435 $24 
Real estate:  
Construction1,018 62 2,436 111 
Residential mortgage8,322 905 12,681 662 
Home equity277 13 482 — 
Commercial mortgage2,098 86 3,368 179 
Consumer— — — 
Total$11,932 $1,075 $19,402 $976 
Schedule of aging of the recorded investment in past due loans and leases, by class The following tables present by class, the aging of the recorded investment in past due loans as of December 31, 2020 and 2019:
 
December 31, 2020
(Dollars in thousands)Accruing
Loans
30 - 59
Days
Past Due
Accruing
Loans
60 - 89
Days
Past Due
Accruing
Loans
90+ 
Days
Past Due
Nonaccrual
Loans
Total
Past Due
and
Nonaccrual
Loans and
Leases Not
Past Due
TotalNonaccrual Loans with No ACL
Commercial, financial and agricultural:
SBA PPP$— $— $— $— $— $416,375 $416,375 $— 
Other613 350 — 1,461 2,424 542,667 545,091 — 
Real estate:
Construction— — — — — 125,407 125,407 — 
Residential mortgage2,832 689 567 4,115 8,203 1,682,009 1,690,212 4,115 
Home equity273 — 524 800 550,466 551,266 524 
Commercial mortgage— — — — — 1,156,328 1,156,328 — 
Consumer2,725 906 240 92 3,963 475,471 479,434 — 
Total$6,443 $1,948 $807 $6,192 $15,390 $4,948,723 $4,964,113 $4,639 
December 31, 2019
(Dollars in thousands)Accruing
Loans
30 - 59
Days
Past Due
Accruing
Loans
60 - 89
Days
Past Due
Accruing
Loans
90+ 
Days
Past Due
Nonaccrual
Loans
Total
Past Due
and
Nonaccrual
Loans and
Leases Not
Past Due
TotalNonaccrual Loans with No ACL
Commercial, financial and agricultural - Other$476 $865 $— $467 $1,808 $568,496 $570,304 $— 
Real estate:
Construction643 — — — 643 95,211 95,854 — 
Residential mortgage1,830 589 724 979 4,122 1,595,679 1,599,801 979 
Home equity759 207 — 92 1,058 489,676 490,734 92 
Commercial mortgage— 397 — — 397 1,123,018 1,123,415 — 
Consumer3,223 943 286 17 4,469 564,963 569,432 — 
Total$6,931 $3,001 $1,010 $1,555 $12,497 $4,437,043 $4,449,540 $1,071 
Schedule of information related to loans modifications in a TDR, by class
The following table presents by class, information related to loans modified in a TDR during the years ended December 31, 2020, 2019 and 2018:
 
Year Ended December 31, 2020
(Dollars in thousands)Number
of
Loans
Recorded
Investment
(as of period end)
Increase
in the
ACL
Real estate: Residential mortgage$677 $— 
Real estate: Commercial mortgage276 — 
Consumer11 207 — 
Total13 $1,160 $— 
Year Ended December 31, 2019
(Dollars in thousands)Number
of
Loans
Recorded
Investment
(as of period end)
Increase
in the
ACL
Real estate: Residential mortgage$104 $— 
Total$104 $— 
Year Ended December 31, 2018
(Dollars in thousands)Number
of
Loans
Recorded
Investment
(as of period end)
Increase
in the
ACL
Real estate: Residential mortgage$575 $— 
Total$575 $— 
Schedule of recorded investment in the loans and leases, by class and credit indicator
The following tables present by class and credit indicator, the recorded investment in the Company's loans as of December 31, 2020 and 2019:
 
(Dollars in thousands)PassSpecial
Mention
SubstandardLossSubtotalNet
Deferred
Costs
(Income)
Total
December 31, 2020      
Commercial, financial and agricultural:
SBA PPP$425,993 $— $— $— $425,993 $(9,618)$416,375 
Other471,085 67,177 6,874 — 545,136 (45)545,091 
Real estate:
Construction122,782 2,843 — — 125,625 (218)125,407 
Residential mortgage1,680,762 1,736 4,753 — 1,687,251 2,961 1,690,212 
Home equity548,985 707 524 — 550,216 1,050 551,266 
Commercial mortgage1,051,122 69,786 37,295 — 1,158,203 (1,875)1,156,328 
Consumer478,998 250 284 48 479,580 (146)479,434 
Total$4,779,727 $142,499 $49,730 $48 $4,972,004 $(7,891)$4,964,113 

(Dollars in thousands)PassSpecial
Mention
SubstandardLossSubtotalNet
Deferred
Costs
(Income)
Total
December 31, 2019     
Commercial, financial and agricultural - Other$523,342 $20,677 $26,070 $— $570,089 $215 $570,304 
Real estate:
Construction96,139 — — — 96,139 (285)95,854 
Residential mortgage1,593,072 840 1,889 — 1,595,801 4,000 1,599,801 
Home equity490,147 — 92 — 490,239 495 490,734 
Commercial mortgage1,094,364 17,440 13,107 — 1,124,911 (1,496)1,123,415 
Consumer569,212 — 193 111 569,516 (84)569,432 
Total$4,366,276 $38,957 $41,351 $111 $4,446,695 $2,845 $4,449,540