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Loans (Tables)
 9 Months Ended
Sep. 30, 2021
Receivables [Abstract]  
Schedule of Loans Segregated by Class
The following table presents the composition of loans segregated by legacy and purchased loans and by class of loans, as of September 30, 2021 and December 31, 2020. Purchased loans are defined as loans that were acquired in bank acquisitions.
September 30, 2021
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$101,433 $51,558 $152,991 
Other commercial real estate543,883 208,750 752,633 
Total commercial real estate645,316 260,308 905,624 
Residential real estate163,750 54,474 218,224 
Commercial, financial, & agricultural (*)125,213 41,015 166,228 
Consumer and other16,417 3,367 19,784 
Total Loans$950,696 $359,164 $1,309,860 
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 $17.0 million and $101.1 million in PPP loans at September 30, 2021 and December 31, 2020
Loan Portfolio by Credit Quality Indicators The following table presents the loan portfolio, excluding purchased loans, by credit quality indicator (risk grade) as of September 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
September 30, 2021
Construction, land and land development$98,619 $2,078 $736 $101,433 
Other commercial real estate504,951 22,107 16,825 543,883 
Total commercial real estate603,570 24,185 17,561 645,316 
Residential real estate153,983 3,560 6,207 163,750 
Commercial, financial, & agricultural122,991 1,332 890 125,213 
Consumer and other16,047 144 226 16,417 
Total Loans$896,591 $29,221 $24,884 $950,696 
(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 September 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 September 30, 2021, the Company did not have any loans classified as “doubtful” or a “loss”.
(dollars in thousands)PassSpecial MentionSubstandardTotal Loans
September 30, 2021
Construction, land and land development$50,713 $803 $42 $51,558 
Other commercial real estate194,696 10,802 3,252 208,750 
Total commercial real estate245,409 11,605 3,294 260,308 
Residential real estate47,407 3,886 3,181 54,474 
Commercial, financial, & agricultural39,965 666 384 41,015 
Consumer and other3,118 17 232 3,367 
Total Loans$335,899 $16,174 $7,091 $359,164 
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 
Age Analysis of Past Due Loans and Nonaccrual Loans The following table presents the aging of the amortized cost basis in legacy loans by aging category and accrual status as of September 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
September 30, 2021
Construction, land and land development$59 $— $59 $46 $101,328 $101,433 
Other commercial real estate59 — 59 4,430 539,394 543,883 
Total commercial real estate118 — 118 4,476 640,722 645,316 
Residential real estate579 — 579 3,582 159,589 163,750 
Commercial, financial, & agricultural132 — 132 675 124,406 125,213 
Consumer and other70 — 70 84 16,263 16,417 
Total Loans$899 $— $899 $8,817 $940,980 $950,696 
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 September 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
September 30, 2021
Construction, land and land development$2,688 $— $2,688 $8 $48,862 $51,558 
Other commercial real estate— — — 1,350 207,400 208,750 
Total commercial real estate2,688 — 2,688 1,358 256,262 260,308 
Residential real estate76 — 76 1,790 52,608 54,474 
Commercial, financial, & agricultural97 — 97 47 40,871 41,015 
Consumer and other17 — 17 234 3,116 3,367 
Total Loans$2,878 $— $2,878 $3,429 $352,857 $359,164 
December 31, 2020
Construction, land and land development$— $— $— $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 Loan Data The following table details impaired loan data, including purchased credit impaired loans, as of September 30, 2021.
September 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$62 $61 $— $5,373 
Commercial real estate7,334 6,460 — 8,549 
Residential real estate1,194 1,194 — 1,105 
Commercial, financial & agriculture80 80 — 52 
Consumer & other— — — — 
8,670 7,795 — 15,079 
With An Allowance Recorded
Construction, land and land development— — — — 
Commercial real estate4,806 4,806 880 5,415 
Residential real estate778 778 113 1,093 
Commercial, financial & agriculture— — — 99 
Consumer & other— — — 2 
5,584 5,584 993 6,609 
Purchased Credit Impaired Loans
Construction, land and land development— — — 64 
Commercial real estate851 851 26 524 
Residential real estate11 8 8 8 
Commercial, financial & agriculture55 47 4 44 
Consumer & other192 96 96 72 
1,109 1,002 134 712 
Total
Construction, land and land development62 61 — 5,437 
Commercial real estate12,991 12,117 906 14,488 
Residential real estate1,983 1,980 121 2,206 
Commercial, financial & agriculture135 127 4 195 
Consumer & other192 96 96 74 
$15,363 $14,381 $1,127 $22,400 
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