Allowance for Loan Losses

3 Months Ended

Mar. 31, 2020

The following tables detail activity in the allowance for loan losses, segregated by class of loan, for the three months periods ended March 31, 2020 and March 31, 2019. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other loan categories and periodically may result in reallocation within the provision categories.


(dollars in thousands)
	Construction, land and land development		Other commercial real estate		Residential real estate		Commercial, financial & agricultural		Consumer and other		Total
Three months ended March 31, 2020
Beginning Balance	$	215	$	3,908	$	980	$	1,657	$	103	$	6,863
Charge-offs	—		(30)		(64)		(68)		(351)		(513)
Recoveries	13		5		4		1		55		78
Provision	126		938		283		190		419		1,956
Ending balance	354		4,821		1,203		1,780		226		8,384

Period end amount allocated to
Individually evaluated for impairment	—		2,077		99		981		—		3,157
Collectively evaluated for impairment	354		2,744		1,092		799		138		5,127
Purchase credit impaired	—		—		12		—		88		100
Ending Balance	354		4,821		1,203		1,780		226		8,384

Loans
Individually evaluated for impairment	66		18,595		2,990		2,355		—		24,006
Collectively evaluated for impairment	133,852		505,764		187,961		114,369		22,559		964,505
Purchase credit impaired	119		125		18		62		191		515
Ending balance	$	134,037	$	524,484	$	190,969	$	116,786	$	22,750	$	989,026


(dollars in thousands)	Construction, land and land development		Other commercial real estate		Residential real estate		Commercial, financial & agricultural		Consumer and other		Total
Three months ended March 31, 2019
Beginning Balance	$	131	$	5,251	$	1,181	$	618	$	96	$	7,277
Charge-offs	(29)		(119)		(629)		(97)		(70)		(944)
Recoveries	17		34		49		6		19		125
Provision	(99)		(104)		348		(61)		47		131
Ending balance	20		5,062		949		466		92		6,589
December 31, 2019
Period end amount allocated to
Individually evaluated for impairment	—		1,939		137		1,073		—		3,149
Collectively evaluated for impairment	215		1,969		837		584		103		3,708
Purchase credit impaired	—		—		6		—		—		6
Ending Balance	215		3,908		980		1,657		103		6,863

Loans
Individually evaluated for impairment	67		18,024		3,471		2,246		—		23,808
Collectively evaluated for impairment	95,965		522,181		191,314		112,077		23,322		944,859
Purchase credit impaired	65		34		11		37		—		147
Ending Balance	$	96,097	$	540,239	$	194,796	$	114,360	$	23,322	$	968,814

Management continually evaluates the allowance for loan losses methodology seeking to refine and enhance this process as appropriate, and it is likely that the methodology will continue to evolve over time.

The Company determines its individual reserves during its quarterly review of substandard loans. This process involves reviewing all loans with a risk grade of 6 or greater and an outstanding balance of $250,000 or more, regardless of the loans impairment classification.