Summary of loans by credit quality indicators and origination year |
The following tables set forth the amortized cost basis by class of financing receivable and credit quality indicator for the periods presented (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2021 | Term Loans Amortized Cost Basis by Origination Year | | Revolving Loans Amortized Cost Basis | | Total | | 2021 | | 2020 | | 2019 | | 2018 | | 2017 | | Prior | | | | | Construction real estate: | | | | | | | | | | | | | | | | Pass | $ | 26,255 | | | $ | 160,527 | | | $ | 182,708 | | | $ | 75,258 | | | $ | 33,261 | | | $ | 8,877 | | | $ | 118,479 | | | $ | 605,365 | | Pass watch | — | | | — | | | — | | | — | | | — | | | 22 | | | — | | | 22 | | Special mention | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Substandard | — | | | — | | | — | | | — | | | — | | | 54 | | | — | | | 54 | | Doubtful | — | | | — | | | — | | | 59 | | | — | | | 177 | | | — | | | 236 | | Total construction real estate | $ | 26,255 | | | $ | 160,527 | | | $ | 182,708 | | | $ | 75,317 | | | $ | 33,261 | | | $ | 9,130 | | | $ | 118,479 | | | $ | 605,677 | | | | | | | | | | | | | | | | | | 1-4 family residential real estate: | | | | | | | | | | | | | | | | Pass | $ | 39,457 | | | $ | 151,235 | | | $ | 104,065 | | | $ | 63,864 | | | $ | 46,692 | | | $ | 283,115 | | | $ | 2,506 | | | $ | 690,934 | | Pass watch | — | | | — | | | — | | | — | | | — | | | 823 | | | — | | | 823 | | Special mention | — | | | — | | | — | | | — | | | — | | | 65 | | | — | | | 65 | | Substandard | 10 | | | 1,684 | | | — | | | — | | | 943 | | | 5,289 | | | 94 | | | 8,020 | | Doubtful | — | | | 14 | | | — | | | 135 | | | 34 | | | 405 | | | — | | | 588 | | Total 1-4 family residential real estate | $ | 39,467 | | | $ | 152,933 | | | $ | 104,065 | | | $ | 63,999 | | | $ | 47,669 | | | $ | 289,697 | | | $ | 2,600 | | | $ | 700,430 | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | Pass | $ | 138,805 | | | $ | 236,874 | | | $ | 285,638 | | | $ | 110,462 | | | $ | 181,077 | | | $ | 247,524 | | | $ | 6,857 | | | $ | 1,207,237 | | Pass watch | — | | | — | | | — | | | 23,272 | | | 37,938 | | | 5,472 | | | — | | | 66,682 | | Special mention | 24,142 | | | 577 | | | 8,883 | | | 7,002 | | | 138 | | | 12,245 | | | — | | | 52,987 | | Substandard | 2,105 | | | 4,631 | | | — | | | 1,956 | | | 63 | | | 12,756 | | | — | | | 21,511 | | Doubtful | — | | | — | | | — | | | — | | | — | | | 134 | | | — | | | 134 | | Total commercial real estate | $ | 165,052 | | | $ | 242,082 | | | $ | 294,521 | | | $ | 142,692 | | | $ | 219,216 | | | $ | 278,131 | | | $ | 6,857 | | | $ | 1,348,551 | | | | | | | | | | | | | | | | | | Commercial loans: | | | | | | | | | | | | | | | | Pass | $ | 108,205 | | | $ | 221,819 | | | $ | 41,605 | | | $ | 17,819 | | | $ | 6,368 | | | $ | 8,280 | | | $ | 146,516 | | | $ | 550,612 | | Pass watch | 43 | | | 2,313 | | | 1,199 | | | 2,004 | | | 1,487 | | | — | | | 378 | | | 7,424 | | Special mention | 280 | | | — | | | 718 | | | 416 | | | 36 | | | 385 | | | 320 | | | 2,155 | | Substandard | 185 | | | 454 | | | 989 | | | 481 | | | 2 | | | — | | | 1,486 | | | 3,597 | | Doubtful | — | | | 382 | | | 95 | | | 449 | | | 31 | | | — | | | — | | | 957 | | Total commercial loans | $ | 108,713 | | | $ | 224,968 | | | $ | 44,606 | | | $ | 21,169 | | | $ | 7,924 | | | $ | 8,665 | | | $ | 148,700 | | | $ | 564,745 | | | | | | | | | | | | | | | | | | Municipal loans: | | | | | | | | | | | | | | | | Pass | $ | 14,748 | | | $ | 69,822 | | | $ | 66,741 | | | $ | 32,166 | | | $ | 59,756 | | | $ | 163,144 | | | $ | — | | | $ | 406,377 | | Pass watch | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Special mention | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Substandard | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Total municipal loans | $ | 14,748 | | | $ | 69,822 | | | $ | 66,741 | | | $ | 32,166 | | | $ | 59,756 | | | $ | 163,144 | | | $ | — | | | $ | 406,377 | | | | | | | | | | | | | | | | | | Loans to individuals: | | | | | | | | | | | | | | | | Pass | $ | 12,798 | | | $ | 39,592 | | | $ | 20,715 | | | $ | 8,079 | | | $ | 3,672 | | | $ | 2,079 | | | $ | 3,521 | | | $ | 90,456 | | Pass watch | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Special mention | — | | | — | | | — | | | 47 | | | — | | | — | | | 4 | | | 51 | | Substandard | — | | | 19 | | | 34 | | | 22 | | | 27 | | | 10 | | | — | | | 112 | | Doubtful | — | | | 67 | | | — | | | 5 | | | 44 | | | 83 | | | — | | | 199 | | Total loans to individuals | $ | 12,798 | | | $ | 39,678 | | | $ | 20,749 | | | $ | 8,153 | | | $ | 3,743 | | | $ | 2,172 | | | $ | 3,525 | | | $ | 90,818 | | Total loans | $ | 367,033 | | | $ | 890,010 | | | $ | 713,390 | | | $ | 343,496 | | | $ | 371,569 | | | $ | 750,939 | | | $ | 280,161 | | | $ | 3,716,598 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2020 | Term Loans Amortized Cost Basis by Origination Year | | Revolving Loans Amortized Cost Basis | | Total | | 2020 | | 2019 | | 2018 | | 2017 | | 2016 | | Prior | | | | | Construction real estate: | | | | | | | | | | | | | | | | Pass | $ | 155,693 | | | $ | 180,536 | | | $ | 76,090 | | | $ | 55,636 | | | $ | 3,191 | | | $ | 8,297 | | | $ | 101,793 | | | $ | 581,236 | | Pass watch | — | | | — | | | — | | | — | | | 23 | | | — | | | — | | | 23 | | Special mention | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Substandard | — | | | 382 | | | 62 | | | — | | | — | | | 58 | | | — | | | 502 | | Doubtful | — | | | — | | | — | | | — | | | — | | | 180 | | | — | | | 180 | | Total construction real estate | $ | 155,693 | | | $ | 180,918 | | | $ | 76,152 | | | $ | 55,636 | | | $ | 3,214 | | | $ | 8,535 | | | $ | 101,793 | | | $ | 581,941 | | | | | | | | | | | | | | | | | | 1-4 family residential real estate: | | | | | | | | | | | | | | | | Pass | $ | 154,003 | | | $ | 114,063 | | | $ | 70,621 | | | $ | 55,557 | | | $ | 57,680 | | | $ | 255,003 | | | $ | 2,833 | | | $ | 709,760 | | Pass watch | — | | | — | | | — | | | — | | | 267 | | | 564 | | | — | | | 831 | | Special mention | — | | | — | | | — | | | — | | | — | | | 10 | | | — | | | 10 | | Substandard | 1,473 | | | — | | | 135 | | | 427 | | | 1,588 | | | 5,134 | | | 96 | | | 8,853 | | Doubtful | — | | | — | | | — | | | 36 | | | 103 | | | 359 | | | — | | | 498 | | Total 1-4 family residential real estate | $ | 155,476 | | | $ | 114,063 | | | $ | 70,756 | | | $ | 56,020 | | | $ | 59,638 | | | $ | 261,070 | | | $ | 2,929 | | | $ | 719,952 | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | Pass | $ | 270,087 | | | $ | 307,161 | | | $ | 143,177 | | | $ | 162,180 | | | $ | 98,828 | | | $ | 179,919 | | | $ | 6,957 | | | $ | 1,168,309 | | Pass watch | — | | | — | | | 3,153 | | | 40,125 | | | 1,696 | | | 2,582 | | | — | | | 47,556 | | Special mention | 4,555 | | | 33,020 | | | 7,041 | | | 140 | | | 4,531 | | | 7,850 | | | — | | | 57,137 | | Substandard | 7,542 | | | — | | | 2,097 | | | 65 | | | 704 | | | 12,282 | | | — | | | 22,690 | | Doubtful | — | | | — | | | — | | | — | | | — | | | 54 | | | — | | | 54 | | Total commercial real estate | $ | 282,184 | | | $ | 340,181 | | | $ | 155,468 | | | $ | 202,510 | | | $ | 105,759 | | | $ | 202,687 | | | $ | 6,957 | | | $ | 1,295,746 | | | | | | | | | | | | | | | | | | Commercial loans: | | | | | | | | | | | | | | | | Pass | $ | 313,688 | | | $ | 47,446 | | | $ | 20,386 | | | $ | 7,505 | | | $ | 3,392 | | | $ | 6,142 | | | $ | 140,018 | | | $ | 538,577 | | Pass watch | 2,599 | | | 1,318 | | | 2,410 | | | 1,981 | | | — | | | — | | | 370 | | | 8,678 | | Special mention | 304 | | | 809 | | | 433 | | | 39 | | | 286 | | | 265 | | | 455 | | | 2,591 | | Substandard | 405 | | | 1,081 | | | 473 | | | 7 | | | — | | | — | | | 4,417 | | | 6,383 | | Doubtful | 310 | | | 53 | | | 475 | | | 54 | | | 1 | | | — | | | — | | | 893 | | Total commercial loans | $ | 317,306 | | | $ | 50,707 | | | $ | 24,177 | | | $ | 9,586 | | | $ | 3,679 | | | $ | 6,407 | | | $ | 145,260 | | | $ | 557,122 | | | | | | | | | | | | | | | | | | Municipal loans: | | | | | | | | | | | | | | | | Pass | $ | 72,542 | | | $ | 68,132 | | | $ | 33,735 | | | $ | 61,170 | | | $ | 25,387 | | | $ | 148,062 | | | $ | — | | | $ | 409,028 | | Pass watch | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Special mention | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Substandard | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Total municipal loans | $ | 72,542 | | | $ | 68,132 | | | $ | 33,735 | | | $ | 61,170 | | | $ | 25,387 | | | $ | 148,062 | | | $ | — | | | $ | 409,028 | | | | | | | | | | | | | | | | | | Loans to individuals: | | | | | | | | | | | | | | | | Pass | $ | 46,722 | | | $ | 25,302 | | | $ | 10,132 | | | $ | 4,716 | | | $ | 1,867 | | | $ | 917 | | | $ | 3,900 | | | $ | 93,556 | | Pass watch | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | Special mention | — | | | — | | | 51 | | | — | | | — | | | — | | | 4 | | | 55 | | Substandard | 6 | | | 35 | | | 28 | | | 30 | | | 9 | | | 11 | | | 1 | | | 120 | | Doubtful | 73 | | | 20 | | | 6 | | | 55 | | | 81 | | | 24 | | | — | | | 259 | | Total loans to individuals | $ | 46,801 | | | $ | 25,357 | | | $ | 10,217 | | | $ | 4,801 | | | $ | 1,957 | | | $ | 952 | | | $ | 3,905 | | | $ | 93,990 | | Total loans | $ | 1,030,002 | | | $ | 779,358 | | | $ | 370,505 | | | $ | 389,723 | | | $ | 199,634 | | | $ | 627,713 | | | $ | 260,844 | | | $ | 3,657,779 | |
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Aging of past due loans by class of loan |
The following tables present the aging of the amortized cost basis in past due loans by class of loans (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2021 | | 30-59 Days Past Due | | 60-89 Days Past Due | | Greater than 90 Days Past Due | | Total Past Due | | Current | | Total | Real estate loans: | | | | | | | | | | | | Construction | $ | 1,130 | | | $ | — | | | $ | — | | | $ | 1,130 | | | $ | 604,547 | | | $ | 605,677 | | 1-4 family residential | 5,321 | | | 614 | | | 486 | | | 6,421 | | | 694,009 | | | 700,430 | | Commercial | 4,676 | | | — | | | — | | | 4,676 | | | 1,343,875 | | | 1,348,551 | | Commercial loans | 1,507 | | | 245 | | | 641 | | | 2,393 | | | 562,352 | | | 564,745 | | Municipal loans | — | | | — | | | — | | | — | | | 406,377 | | | 406,377 | | Loans to individuals | 418 | | | 30 | | | 3 | | | 451 | | | 90,367 | | | 90,818 | | Total | $ | 13,052 | | | $ | 889 | | | $ | 1,130 | | | $ | 15,071 | | | $ | 3,701,527 | | | $ | 3,716,598 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2020 | | 30-59 Days Past Due | | 60-89 Days Past Due | | Greater than 90 Days Past Due | | Total Past Due | | Current | | Total | Real estate loans: | | | | | | | | | | | | Construction | $ | 95 | | | $ | 14 | | | $ | 444 | | | $ | 553 | | | $ | 581,388 | | | $ | 581,941 | | 1-4 family residential | 7,872 | | | 2,469 | | | 2,830 | | | 13,171 | | | 706,781 | | | 719,952 | | Commercial | 467 | | | 315 | | | 86 | | | 868 | | | 1,294,878 | | | 1,295,746 | | Commercial loans | 1,423 | | | 4,516 | | | 323 | | | 6,262 | | | 550,860 | | | 557,122 | | Municipal loans | 64 | | | — | | | — | | | 64 | | | 408,964 | | | 409,028 | | Loans to individuals | 519 | | | 123 | | | 27 | | | 669 | | | 93,321 | | | 93,990 | | Total | $ | 10,440 | | | $ | 7,437 | | | $ | 3,710 | | | $ | 21,587 | | | $ | 3,636,192 | | | $ | 3,657,779 | |
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