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Loans (Tables)
 9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The following table presents the composition of loans segregated by legacy and purchased loans and by class of loans, as of September 30, 2020 and December 31, 2019. Purchased loans are defined as loans that were acquired in bank acquisitions.
September 30, 2020
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$110,162 $18,129 $128,291 
Other commercial real estate464,100 45,892 509,992 
Total commercial real estate574,262 64,021 638,283 
Residential real estate168,139 16,979 185,118 
Commercial, financial, & agricultural242,351 12,564 254,915 
Consumer and other20,420 2,870 23,290 
Total Loans$1,005,172 $96,434 $1,101,606 

December 31, 2019
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$83,036 $13,061 $96,097 
Other commercial real estate481,943 58,296 540,239 
Total commercial real estate564,979 71,357 636,336 
Residential real estate171,341 23,455 194,796 
Commercial, financial, & agricultural91,535 22,825 114,360 
Consumer and other19,245 4,077 23,322 
Total Loans$847,100 $121,714 $968,814 
Financing Receivable Credit Quality Indicators
The following table presents the loan portfolio, excluding purchased loans, by credit quality indicator (risk grade) as of September 30, 2020 and December 31, 2019. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes.
(dollars in thousands)PassSpecial MentionSubstandardTotal Loans
September 30, 2020
Construction, land and land development$99,109 $3,930 $7,123 $110,162 
Other commercial real estate422,661 37,241 4,198 464,100 
Total commercial real estate521,770 41,171 11,321 574,262 
Residential real estate157,809 3,720 6,610 168,139 
Commercial, financial, & agricultural238,613 2,320 1,418 242,351 
Consumer and other20,115 123 182 20,420 
Total Loans$938,307 $47,334 $19,531 $1,005,172 
(dollars in thousands)
December 31, 2019
Construction, land and land development$82,322 $445 $269 $83,036 
Other commercial real estate459,064 13,438 9,441 481,943 
Total commercial real estate541,386 13,883 9,710 564,979 
Residential real estate159,194 4,632 7,515 171,341 
Commercial, financial, & agricultural86,558 1,973 3,004 91,535 
Consumer and other18,883 148 214 19,245 
Total Loans$806,021 $20,636 $20,443 $847,100 
The following table presents the purchased loan portfolio by credit quality indicator (risk grade) as of September 30, 2020 and December 31, 2019. Those loans with a risk grade of 1, 2, 3 or 4 have been combined in the pass column for presentation purposes. For the period ending September 30, 2020, the Company did not have any loans classified as “doubtful” or a “loss”.
(dollars in thousands)PassSpecial MentionSubstandardTotal Loans
September 30, 2020
Construction, land and land development$16,430 $1,620 $79 $18,129 
Other commercial real estate43,510 372 2,010 45,892 
Total commercial real estate59,940 1,992 2,089 64,021 
Residential real estate16,585 316 78 16,979 
Commercial, financial, & agricultural10,637 1,889 38 12,564 
Consumer and other2,768 19 83 2,870 
Total Loans$89,930 $4,216 $2,288 $96,434 
December 31, 2019
Construction, land and land development$12,996 $— $65 $13,061 
Other commercial real estate57,881 381 34 58,296 
Total commercial real estate70,877 381 99 71,357 
Residential real estate23,097 249 109 23,455 
Commercial, financial, & agricultural19,443 2,949 433 22,825 
Consumer and other4,077 — — 4,077 
Total Loans$117,494 $3,579 $641 $121,714 
Financing Receivable, Past Due
The following table presents the aging of the amortized cost basis in legacy loans by aging category and accrual status as of September 30, 2020 and December 31, 2019:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
September 30, 2020
Construction, land and land development$90 $— $90 $— $110,072 $110,162 
Other commercial real estate206 — 206 2,586 461,308 464,100 
Total commercial real estate296 — 296 2,586 571,380 574,262 
Residential real estate1,390 — 1,390 3,532 163,217 168,139 
Commercial, financial, & agricultural193 — 193 1,451 240,707 242,351 
Consumer and other49 — 49 102 20,269 20,420 
Total Loans$1,928 $— $1,928 $7,671 $995,573 $1,005,172 
December 31, 2019
Construction, land and land development$50 $— $50 $32 $82,954 $83,036 
Other commercial real estate335 — 335 3,738 477,870 481,943 
Total commercial real estate385 — 385 3,770 560,824 564,979 
Residential real estate1,296 — 1,296 3,643 166,402 171,341 
Commercial, financial, & agricultural212 — 212 1,628 89,695 91,535 
Consumer and other21 — 21 138 19,086 19,245 
Total Loans$1,914 $— $1,914 $9,179 $836,007 $847,100 
as of September 30, 2020 and December 31, 2019:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
September 30, 2020
Construction, land and land development$136 $— $136 $79 $17,914 $18,129 
Other commercial real estate— — — 1,976 43,916 45,892 
Total commercial real estate136 — 136 2,055 61,830 64,021 
Residential real estate— — — 78 16,901 16,979 
Commercial, financial, & agricultural159 — 159 38 12,367 12,564 
Consumer and other— — — 84 2,786 2,870 
Total Loans$295 $— $295 $2,255 $93,884 $96,434 
December 31, 2019
Construction, land and land development$— $— $— $— $13,061 $13,061 
Other commercial real estate83 — 83 — 58,213 58,296 
Total commercial real estate83 — 83 — 71,274 71,357 
Residential real estate57 — 57 — 23,398 23,455 
Commercial, financial, & agricultural553 — 553 — 22,272 22,825 
Consumer and other8 — 8 — 4,069 4,077 
Total Loans$701 $— $701 $— $121,013 $121,714 
Impaired Financing Receivables
The following table details impaired loan data, including purchased credit impaired loans, as of September 30, 2020.
September 30, 2020
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land and land development$6,970 $7,023 $— $1,806 
Commercial real estate14,635 13,933 — 8,978 
Residential real estate1,985 1,949 — 1,926 
Commercial, financial & agriculture48 48 — 232 
Consumer & other— — — — 
23,638 22,953 — 12,942 
With An Allowance Recorded
Construction, land and land development— — — — 
Commercial real estate2,390 2,395 728 9,334 
Residential real estate480 480 74 1,059 
Commercial, financial & agriculture567 567 567 1,332 
Consumer & other— — — — 
3,437 3,442 1,369 11,725 
Purchased Credit Impaired Loans
Construction, land and land development118 118 — 96 
Commercial real estate120 120 — 79 
Residential real estate16 16 5 14 
Commercial, financial & agriculture57 57 — 50 
Consumer & other192 192 83 117 
503 503 88 356 
Total
Construction, land and land development7,088 7,141 — 1,902 
Commercial real estate17,145 16,448 728 18,391 
Residential real estate2,481 2,445 79 2,999 
Commercial, financial & agriculture672 672 567 1,614 
Consumer & other192 192 83 117 
$27,578 $26,898 $1,457 $25,023 
The following table details impaired loan data as of December 31, 2019.
December 31, 2019
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land and land development$67 $67 $— $168 
Commercial real estate12,455 11,639 — 13,924 
Residential real estate2,706 2,711 — 3,693 
Commercial, financial & agriculture257 257 — 910 
Consumer & other— — — 123 
15,485 14,674 — 18,818 
With An Allowance Recorded
Construction, land and land development— — — 80 
Commercial real estate6,379 6,385 1,939 3,898 
Residential real estate757 760 137 367 
Commercial, financial & agriculture2,189 1,989 1,073 722 
Consumer & other— — — — 
9,325 9,134 3,149 5,067 
Purchased Credit Impaired Loans
Construction, land and land development65 65 — 80 
Commercial real estate34 34 — 35 
Residential real estate11 11 6 24 
Commercial, financial & agriculture37 37 — 47 
Consumer & other— — — — 
147 147 6 186 
Total
Construction, land and land development132 132 — 328 
Commercial real estate18,868 18,058 1,939 17,857 
Residential real estate3,474 3,482 143 4,084 
Commercial, financial & agriculture2,483 2,283 1,073 1,679 
Consumer & other— — — 123 
$24,957 $23,955 $3,155 $24,071