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Loans (Tables)
 6 Months Ended
Jun. 30, 2021
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 June 30, 2021 and December 31, 2020. Purchased loans are defined as loans that were acquired in bank acquisitions.
June 30, 2021
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$112,843 $6,097 $118,940 
Other commercial real estate514,225 31,658 545,883 
Total commercial real estate627,068 37,755 664,823 
Residential real estate159,527 10,646 170,173 
Commercial, financial, & agricultural (*)161,295 6,422 167,717 
Consumer and other17,974 1,931 19,905 
Total Loans$965,864 $56,754 $1,022,618 
December 31, 2020
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$109,577 $11,516 $121,093 
Other commercial real estate477,445 42,946 520,391 
Total commercial real estate587,022 54,462 641,484 
Residential real estate167,714 15,307 183,021 
Commercial, financial, & agricultural (*)200,800 12,580 213,380 
Consumer and other19,037 2,581 21,618 
Total Loans$974,573 $84,930 $1,059,503 
(*) Includes $58.8 million and $101.1 million in PPP loans at June 30, 2021 and December 31, 2020
Financing Receivable Credit Quality Indicators The following table presents the loan portfolio, excluding purchased loans, by credit quality indicator (risk grade) as of June 30, 2021 and December 31, 2020. 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
June 30, 2021
Construction, land and land development$102,379 $2,812 $7,652 $112,843 
Other commercial real estate478,547 19,132 16,546 514,225 
Total commercial real estate580,926 21,944 24,198 627,068 
Residential real estate150,077 2,787 6,663 159,527 
Commercial, financial, & agricultural157,574 2,139 1,582 161,295 
Consumer and other17,726 117 131 17,974 
Total Loans$906,303 $26,987 $32,574 $965,864 
(dollars in thousands)
December 31, 2020
Construction, land and land development$99,430 $2,940 $7,207 $109,577 
Other commercial real estate430,515 33,579 13,351 477,445 
Total commercial real estate529,945 36,519 20,558 587,022 
Residential real estate157,927 3,855 5,932 167,714 
Commercial, financial, & agricultural196,749 2,870 1,181 200,800 
Consumer and other18,734 124 179 19,037 
Total Loans$903,355 $43,368 $27,850 $974,573 
The following table presents the purchased loan portfolio by credit quality indicator (risk grade) as of June 30, 2021 and December 31, 2020. 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 June 30, 2021, the Company did not have any loans classified as “doubtful” or a “loss”.
(dollars in thousands)PassSpecial MentionSubstandardTotal Loans
June 30, 2021
Construction, land and land development$5,936 $161 $— $6,097 
Other commercial real estate27,392 3,403 863 31,658 
Total commercial real estate33,328 3,564 863 37,755 
Residential real estate10,258 299 89 10,646 
Commercial, financial, & agricultural6,076 — 346 6,422 
Consumer and other1,832 3 96 1,931 
Total Loans$51,494 $3,866 $1,394 $56,754 
December 31, 2020
Construction, land and land development$11,275 $241 $— $11,516 
Other commercial real estate40,825 53 2,068 42,946 
Total commercial real estate52,100 294 2,068 54,462 
Residential real estate14,909 312 86 15,307 
Commercial, financial, & agricultural10,198 1,803 579 12,580 
Consumer and other2,364 25 192 2,581 
Total Loans$79,571 $2,434 $2,925 $84,930 
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 June 30, 2021 and December 31, 2020:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
June 30, 2021
Construction, land and land development$25 $— $25 $47 $112,771 $112,843 
Other commercial real estate161 — 161 4,870 509,194 514,225 
Total commercial real estate186 — 186 4,917 621,965 627,068 
Residential real estate383 — 383 3,237 155,907 159,527 
Commercial, financial, & agricultural164 — 164 654 160,477 161,295 
Consumer and other15 — 15 88 17,871 17,974 
Total Loans$748 $— $748 $8,896 $956,220 $965,864 
December 31, 2020
Construction, land and land development$1,314 $— $1,314 $80 $108,183 $109,577 
Other commercial real estate229 — 229 2,545 474,671 477,445 
Total commercial real estate1,543 — 1,543 2,625 582,854 587,022 
Residential real estate667 — 667 2,873 164,174 167,714 
Commercial, financial, & agricultural150 — 150 1,010 199,640 200,800 
Consumer and other48 — 48 102 18,887 19,037 
Total Loans$2,408 $— $2,408 $6,610 $965,555 $974,573 
The following table presents the aging of the amortized cost basis in purchased loans by aging category and accrual status as of June 30, 2021 and December 31, 2020:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
June 30, 2021
Construction, land and land development$— $— $— $— $6,097 $6,097 
Other commercial real estate— — — 87 31,571 31,658 
Total commercial real estate— — — 87 37,668 37,755 
Residential real estate— — — 79 10,567 10,646 
Commercial, financial, & agricultural— — — 47 6,375 6,422 
Consumer and other— — — 96 1,835 1,931 
Total Loans$— $— $— $309 $56,445 $56,754 
December 31, 2020
Construction, land and land development$— $— $— $117 $11,399 $11,516 
Other commercial real estate544 — 544 2,068 40,334 42,946 
Total commercial real estate544 — 544 2,185 51,733 54,462 
Residential real estate15 — 15 85 15,207 15,307 
Commercial, financial, & agricultural125 — 125 55 12,400 12,580 
Consumer and other— — — 193 2,388 2,581 
Total Loans$684 $— $684 $2,518 $81,728 $84,930 
Impaired Financing Receivables The following table details impaired loan data, including purchased credit impaired loans, as of June 30, 2021.
June 30, 2021
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land and land development$6,968 $6,967 $— $7,143 
Commercial real estate7,383 6,510 — 9,245 
Residential real estate1,036 1,036 — 1,075 
Commercial, financial & agriculture85 85 — 43 
Consumer & other— — — — 
15,472 14,598 — 17,506 
With An Allowance Recorded
Construction, land and land development— — — — 
Commercial real estate5,283 5,283 1,350 5,619 
Residential real estate1,130 1,130 224 1,197 
Commercial, financial & agriculture— — — 132 
Consumer & other— — — 2 
6,413 6,413 1,574 6,950 
Purchased Credit Impaired Loans
Construction, land and land development115 91 — 85 
Commercial real estate863 862 38 415 
Residential real estate12 12 9 9 
Commercial, financial & agriculture55 47 4 43 
Consumer & other192 96 96 64 
1,237 1,108 147 616 
Total
Construction, land and land development7,083 7,058 — 7,228 
Commercial real estate13,529 12,655 1,388 15,279 
Residential real estate2,178 2,178 233 2,281 
Commercial, financial & agriculture140 132 4 218 
Consumer & other192 96 96 66 
$23,122 $22,119 $1,721 $25,072 
The following table details impaired loan data as of December 31, 2020.
December 31, 2020
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land and land development$6,969 $6,982 $— $2,841 
Commercial real estate11,978 11,105 — 12,190 
Residential real estate1,140 1,122 — 2,142 
Commercial, financial & agriculture42 40 — 203 
Consumer & other— — — — 
20,129 19,249 — 17,376 
With An Allowance Recorded
Construction, land and land development— — — — 
Commercial real estate6,292 6,325 1,436 5,945 
Residential real estate1,274 1,230 226 703 
Commercial, financial & agriculture310 310 263 1,118 
Consumer & other— — — — 
7,876 7,865 1,925 7,766 
Purchased Credit Impaired Loans
Construction, land and land development118 94 — 96 
Commercial real estate— — — 63 
Residential real estate14 11 4 13 
Commercial, financial & agriculture55 46 — 49 
Consumer & other192 96 81 113 
379 247 85 334 
Total
Construction, land and land development7,087 7,076 — 2,937 
Commercial real estate18,270 17,430 1,436 18,198 
Residential real estate2,428 2,363 230 2,858 
Commercial, financial & agriculture407 396 263 1,370 
Consumer & other192 96 81 113 
$28,384 $27,361 $2,010 $25,476