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Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2018
Allowance for Loan and Lease Losses Write-offs, Net [Abstract]  
Schedule of allowances for loan losses by portfolio segment
The following table presents the activity of the allowance for loan losses by portfolio segment for the three months
ended June 30. 
Allowance for Loan Losses:
 
June 30, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
10,152

 
$
1,389

 
$
6,781

 
$
1,920

 
$
20,242

Provision for loan losses
 
(345
)
 
109

 
1,451

 
140

 
1,355

Loans charged -off
 
(329
)
 
(255
)
 
(1,687
)
 
—

 
(2,271
)
Recoveries
 
20

 
139

 
586

 
—

 
745

Ending Balance
 
$
9,498

 
$
1,382

 
$
7,131

 
$
2,060

 
$
20,071



Allowance for Loan Losses:
 
June 30, 2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
9,377

 
$
1,496

 
$
6,334

 
$
2,188

 
$
19,395

Provision for loan losses
 
917

 
(231
)
 
817

 
(463
)
 
1,040

Loans charged -off
 
(360
)
 
(203
)
 
(1,527
)
 
—

 
(2,090
)
Recoveries
 
289

 
452

 
594

 
—

 
1,335

Ending Balance
 
$
10,223

 
$
1,514

 
$
6,218

 
$
1,725

 
$
19,680
Allocation of the allowance for loan losses by portfolio segment based on the impairment method
The following table presents the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method at June 30, 2018 and December 31, 2017. 
Allowance for Loan Losses
 
June 30, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
231

 
$
—

 
$
—

 
$
—

 
$
231

Collectively evaluated for impairment
 
9,267

 
1,382

 
7,131

 
2,060

 
19,840

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
9,498

 
$
1,382

 
$
7,131

 
$
2,060

 
$
20,071

 
Loans:
 
June 30, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
$
7,894

 
$
4,082

 
$
—

 
 
 
$
11,976

Collectively evaluated for impairment
 
1,134,951

 
439,444

 
346,774

 
 
 
1,921,169

Acquired with deteriorated credit quality
 
1,561

 
—

 
—

 
 
 
1,561

Ending Balance
 
$
1,144,406

 
$
443,526

 
$
346,774

 
 
 
$
1,934,706


Allowance for Loan Losses:
 
December 31, 2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
619

 
6

 
—

 
—

 
625

Collectively evaluated for impairment
 
9,662

 
1,449

 
6,709

 
1,464

 
19,284

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
10,281

 
$
1,455

 
$
6,709

 
$
1,464

 
$
19,909


Loans
 
December 31, 2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
9,619

 
463

 
—

 
 
 
10,082

Collectively evaluated for impairment
 
1,134,701

 
436,944

 
329,435

 
 
 
1,901,080

Acquired with deteriorated credit quality
 
1,860

 
—

 
—

 
 
 
1,860

Ending Balance
 
$
1,146,180

 
$
437,407

 
$
329,435

 
 
 
$
1,913,022
Schedule of loans individually evaluated for impairment by class of loans
The following tables present loans individually evaluated for impairment by class of loans. 

 
 
 
 
 
 
June 30, 2018
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
(Dollar amounts in thousands)
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
671

 
$
671

 
$
—

 
$
749

 
$
—

 
$
—

 Farmland
 
930

 
930

 
—

 
930

 
—

 
—

 Non Farm, Non Residential
 
2,329

 
2,329

 
—

 
2,404

 
—

 
—

 Agriculture
 
—

 
—

 
—

 
77

 
—

 
—

 All Other Commercial
 
1,170

 
1,170

 
—

 
1,202

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
4,004

 
4,004

 
—

 
2,689

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
78

 
78

 
—

 
38

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
472

 
472

 
139

 
482

 
—

 
—

 Farmland
 
2,162

 
2,162

 
43

 
2,748

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
—

 
—

 
—

 Agriculture
 
361

 
160

 
49

 
411

 
—

 
—

 All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
—

 
—

 
—

 
147

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
12,177

 
$
11,976

 
$
231

 
$
11,877

 
$
—

 
$
—

 



 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
Income
(Dollar amounts in thousands)
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
802

 
$
802

 
$
—

 
$
971

 
$
—

 
$
—

 Farmland
 
930

 
930

 
—

 
1,265

 
—

 
—

 Non Farm, Non Residential
 
2,461

 
2,461

 
—

 
2,781

 
—

 
—

 Agriculture
 
123

 
123

 
—

 
239

 
—

 
—

 All Other Commercial
 
1,238

 
1,238

 
—

 
1,308

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
21

 
21

 
—

 
23

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
493

 
493

 
146

 
514

 
—

 
—

 Farmland
 
3,035

 
3,035

 
268

 
669

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
131

 


 
—

 Agriculture
 
738

 
537

 
205

 
279

 
—

 
—

 All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
442

 
442

 
6

 
483

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
10,283

 
$
10,082

 
$
625

 
$
8,663

 
$
—

 
$
—

 
Schedule of non-performing loans
The tables below presents the recorded investment in non-performing loans.
 
 
June 30, 2018
 
 
Loans Past
Due Over
90 Day Still
 
Troubled
Debt Restructured
 
Nonaccrual Excluding
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
TDR
Commercial
 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
—

 
$
2

 
$
205

 
$
1,477

 Farmland
 
—

 
—

 
—

 
3,265

 Non Farm, Non Residential
 
—

 
—

 
2,371

 
171

 Agriculture
 
—

 
—

 
—

 
179

 All Other Commercial
 
—

 
—

 
—

 
1,171

Residential
 
 

 
 

 
 
 
 

 First Liens
 
954

 
3,087

 
497

 
3,501

 Home Equity
 
12

 
—

 
—

 
229

 Junior Liens
 
60

 
78

 
—

 
70

 Multifamily
 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
69

Consumer
 
 

 
 

 
 
 
 

 Motor Vehicle
 
307

 
3

 
—

 
174

 All Other Consumer
 
—

 
233

 
411

 
467

TOTAL
 
$
1,333

 
$
3,403

 
$
3,484

 
$
10,773



 
 
December 31, 2017
 
 
Loans Past
Due Over
90 Day Still
 
Troubled
Debt Restructured
 
Nonaccrual Excluding
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
TDR
Commercial
 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
41

 
$
2

 
$
212

 
$
1,679

 Farmland
 
19

 
—

 
—

 
4,141

 Non Farm, Non Residential
 
—

 
56

 
2,440

 
172

 Agriculture
 
—

 
—

 
—

 
707

 All Other Commercial
 
—

 
—

 
—

 
1,236

Residential
 
 

 
 

 
 
 
 

 First Liens
 
1,011

 
3,105

 
575

 
3,972

 Home Equity
 
8

 
—

 
—

 
249

 Junior Liens
 
137

 
—

 
—

 
134

 Multifamily
 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
90

Consumer
 
 

 
 

 
 
 
 

 Motor Vehicle
 
268

 
9

 
—

 
242

 All Other Consumer
 
—

 
177

 
527

 
623

TOTAL
 
$
1,484

 
$
3,349

 
$
3,754

 
$
13,245
Troubled Debt Restructurings on Financing Receivables
During the three and six months ended June 30, 2018 and 2017, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDR's.
 
 
 
 
2018
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
April 1,
 
$
2,672

 
$
3,568

 
$
679

 
$
6,919

    Added
 
—

 
106

 
69

 
175

    Charged Off
 
—

 
—

 
(40
)
 
(40
)
    Payments
 
(95
)
 
(67
)
 
(73
)
 
(235
)
June 30,
 
$
2,577

 
$
3,607

 
$
635

 
$
6,819

 
 
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
2,709

 
$
3,611

 
$
714

 
$
7,034

    Added
 
—

 
213

 
143

 
356

    Charged Off
 
—

 
(16
)
 
(76
)
 
(92
)
    Payments
 
(132
)
 
(201
)
 
(146
)
 
(479
)
June 30,
 
$
2,577

 
$
3,607

 
$
635

 
$
6,819

 
 
 
 
2017
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
April 1,
 
3,302

 
4,068

 
788

 
8,158

    Added
 
—

 
227

 
41

 
268

    Charged Off
 
—

 
(7
)
 
(48
)
 
(55
)
    Payments
 
(241
)
 
(90
)
 
(56
)
 
(387
)
June 30,
 
3,061

 
4,198

 
725

 
7,984

 
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
3,386

 
4,447

 
732

 
8,565

    Added
 
—

 
227

 
209

 
436

    Charged Off
 
—

 
(40
)
 
(71
)
 
(111
)
    Payments
 
(325
)
 
(436
)
 
(145
)
 
(906
)
June 30,
 
3,061

 
4,198

 
725

 
7,984
Aging of recorded investment in loans by past due category and class of loans
The following tables presents the aging of the recorded investment in loans by past due category and class of loans.  
 
 
June 30, 2018
 
 
30-59 Days
 
60-89 Days
 
Greater
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
388

 
$
69

 
$
721

 
$
1,178

 
$
485,973

 
$
487,151

 Farmland
 
34

 
—

 
3,206

 
3,240

 
102,493

 
105,733

 Non Farm, Non Residential
 
61

 
33

 
2,399

 
2,493

 
183,148

 
185,641

 Agriculture
 
440

 
—

 
160

 
600

 
137,526

 
138,126

 All Other Commercial
 
127

 
—

 
—

 
127

 
227,628

 
227,755

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
591

 
949

 
1,707

 
3,247

 
242,541

 
245,788

 Home Equity
 
158

 
85

 
35

 
278

 
36,495

 
36,773

 Junior Liens
 
138

 
29

 
63

 
230

 
44,709

 
44,939

 Multifamily
 
—

 
—

 
—

 
—

 
103,207

 
103,207

 All Other Residential
 
—

 
—

 
—

 
—

 
12,819

 
12,819

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
3,994

 
733

 
325

 
5,052

 
315,546

 
320,598

 All Other Consumer
 
99

 
7

 
2

 
108

 
26,068

 
26,176

TOTAL
 
$
6,030

 
$
1,905

 
$
8,618

 
$
16,553

 
$
1,918,153

 
$
1,934,706

 
 
 
December 31, 2017
 
 
30-59 Days
 
60-89 Days
 
Greater
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
372

 
$
80

 
$
640

 
$
1,092

 
$
474,709

 
$
475,801

 Farmland
 
341

 
—

 
3,671

 
4,012

 
104,457

 
108,469

 Non Farm, Non Residential
 
141

 
—

 
—

 
141

 
200,804

 
200,945

 Agriculture
 
141

 
—

 
561

 
702

 
152,388

 
153,090

 All Other Commercial
 
—

 
—

 
—

 
—

 
207,875

 
207,875

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
5,467

 
1,317

 
1,434

 
8,218

 
247,029

 
255,247

 Home Equity
 
310

 
46

 
8

 
364

 
35,752

 
36,116

 Junior Liens
 
274

 
106

 
194

 
574

 
41,688

 
42,262

 Multifamily
 
—

 
—

 
—

 
—

 
90,141

 
90,141

 All Other Residential
 
300

 
—

 
12

 
312

 
13,329

 
13,641

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
4,770

 
697

 
294

 
5,761

 
298,211

 
303,972

 All Other Consumer
 
107

 
22

 
—

 
129

 
25,334

 
25,463

TOTAL
 
$
12,223

 
$
2,268

 
$
6,814

 
$
21,305

 
$
1,891,717

 
$
1,913,022
Analysis of risk category of loans by class of loans
Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Loans listed as not rated are either those with an outstanding balance less than $100 thousand or are included in groups of homogeneous loans. As of June 30, 2018 and December 31, 2017, and based on the most recent analysis performed, the risk category of loans by class of loans are as follows:
 
 
June 30, 2018
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
440,200

 
$
18,948

 
$
18,741

 
$
38

 
$
7,839

 
$
485,766

 Farmland
 
88,020

 
7,738

 
8,547

 
—

 
21

 
104,326

 Non Farm, Non Residential
 
164,517

 
7,797

 
12,895

 
—

 
—

 
185,209

 Agriculture
 
110,111

 
8,768

 
17,132

 
—

 
447

 
136,458

 All Other Commercial
 
202,503

 
2,623

 
7,099

 
—

 
14,271

 
226,496

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
44,343

 
988

 
3,963

 
—

 
195,589

 
244,883

 Home Equity
 
543

 
—

 
68

 
—

 
36,096

 
36,707

 Junior Liens
 
2,000

 
78

 
220

 
76

 
42,463

 
44,837

 Multifamily
 
102,936

 
—

 
—

 
—

 
20

 
102,956

 All Other Residential
 
—

 
—

 
—

 
—

 
12,780

 
12,780

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
751

 
—

 
318,592

 
319,343

 All Other Consumer
 
—

 
—

 
45

 
—

 
26,016

 
26,061

TOTAL
 
$
1,155,173

 
$
46,940

 
$
69,461

 
$
114

 
$
654,134

 
$
1,925,822

 
 
December 31, 2017
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
430,015

 
$
19,889

 
$
18,611

 
$
38

 
$
5,947

 
$
474,500

 Farmland
 
88,338

 
10,782

 
7,466

 
—

 
10

 
106,596

 Non Farm, Non Residential
 
179,181

 
7,689

 
13,632

 
—

 
—

 
200,502

 Agriculture
 
111,724

 
17,482

 
21,388

 
—

 
342

 
150,936

 All Other Commercial
 
194,170

 
2,723

 
7,459

 
—

 
2,604

 
206,956

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
45,320

 
750

 
3,980

 
5

 
204,329

 
254,384

 Home Equity
 
319

 
—

 
64

 
—

 
35,653

 
36,036

 Junior Liens
 
1,882

 
76

 
342

 
100

 
39,755

 
42,155

 Multifamily
 
89,936

 
—

 
—

 
—

 
36

 
89,972

 All Other Residential
 
—

 
—

 
67

 
—

 
13,529

 
13,596

Consumer
 


 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
731

 
—

 
301,900

 
302,631

 All Other Consumer
 
—

 
—

 
44

 
—

 
25,301

 
25,345

TOTAL
 
$
1,140,885

 
$
59,391

 
$
73,784

 
$
143

 
$
629,406

 
$
1,903,609