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Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 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 September 30. 
Allowance for Loan Losses:
 
September 30, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
9,498

 
$
1,382

 
$
7,131

 
$
2,060

 
$
20,071

Provision for loan losses
 
(106
)
 
(44
)
 
1,593

 
27

 
1,470

Loans charged -off
 
(409
)
 
(158
)
 
(1,781
)
 
—

 
(2,348
)
Recoveries
 
354

 
160

 
594

 
—

 
1,108

Ending Balance
 
$
9,337

 
$
1,340

 
$
7,537

 
$
2,087

 
$
20,301



Allowance for Loan Losses:
 
September 30, 2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
10,223

 
$
1,514

 
$
6,218

 
$
1,725

 
$
19,680

Provision for loan losses
 
(227
)
 
14

 
1,415

 
(17
)
 
1,185

Loans charged -off
 
(281
)
 
(100
)
 
(1,583
)
 
—

 
(1,964
)
Recoveries
 
222

 
91

 
588

 
—

 
901

Ending Balance
 
$
9,937

 
$
1,519

 
$
6,638

 
$
1,708

 
$
19,802
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 September 30, 2018 and December 31, 2017. 
Allowance for Loan Losses
 
September 30, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
34

 
$
—

 
$
—

 
$
—

 
$
34

Collectively evaluated for impairment
 
9,303

 
1,340

 
7,537

 
2,087

 
20,267

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
9,337

 
$
1,340

 
$
7,537

 
$
2,087

 
$
20,301

 
Loans:
 
September 30, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
$
5,063

 
$
4,372

 
$
—

 
 
 
$
9,435

Collectively evaluated for impairment
 
1,151,707

 
440,335

 
346,583

 
 
 
1,938,625

Acquired with deteriorated credit quality
 
1,527

 
—

 
—

 
 
 
1,527

Ending Balance
 
$
1,158,297

 
$
444,707

 
$
346,583

 
 
 
$
1,949,587


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. 

 
 
 
 
 
 
September 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
 
$
652

 
$
652

 
$
—

 
$
725

 
$
—

 
$
—

 Farmland
 
3,083

 
3,083

 
—

 
1,468

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
1,803

 
—

 
—

 Agriculture
 
212

 
12

 
—

 
61

 
—

 
—

 All Other Commercial
 
1,142

 
1,142

 
—

 
1,187

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
4,372

 
4,372

 
—

 
3,110

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
29

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
174

 
174

 
34

 
405

 
—

 
—

 Farmland
 
—

 
—

 
—

 
2,061

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
—

 
—

 
—

 Agriculture
 
—

 
—

 
—

 
309

 
—

 
—

 All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
—

 
—

 
—

 
111

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
9,635

 
$
9,435

 
$
34

 
$
11,269

 
$
—

 
$
—

 



 
 
 
 
 
 
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.
 
 
September 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
 
$
41

 
$
1

 
$
202

 
$
1,096

 Farmland
 
—

 
—

 
—

 
3,258

 Non Farm, Non Residential
 
—

 
—

 
—

 
88

 Agriculture
 
—

 
—

 
—

 
27

 All Other Commercial
 
—

 
—

 
—

 
1,147

Residential
 
 

 
 

 
 
 
 

 First Liens
 
1,063

 
3,343

 
564

 
3,518

 Home Equity
 
12

 
—

 
—

 
75

 Junior Liens
 
18

 
57

 
—

 
68

 Multifamily
 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
66

Consumer
 
 

 
 

 
 
 
 

 Motor Vehicle
 
259

 
2

 
—

 
179

 All Other Consumer
 
—

 
187

 
475

 
513

TOTAL
 
$
1,393

 
$
3,590

 
$
1,241

 
$
10,035



 
 
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 nine months ended September 30, 2018 and 2017, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDRs.
 
 
 
 
2018
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
July 1,
 
$
2,577

 
$
3,607

 
$
635

 
$
6,819

    Added
 
—

 
538

 
94

 
632

    Charged Off
 
—

 
—

 
(7
)
 
(7
)
    Payments
 
(2,374
)
 
(165
)
 
(58
)
 
(2,597
)
September 30,
 
$
203

 
$
3,980

 
$
664

 
$
4,847

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

 
$
3,611

 
$
714

 
$
7,034

    Added
 
—

 
751

 
237

 
988

    Charged Off
 
—

 
(16
)
 
(83
)
 
(99
)
    Payments
 
(2,506
)
 
(366
)
 
(204
)
 
(3,076
)
September 30,
 
$
203

 
$
3,980

 
$
664

 
$
4,847

 
 
 
 
2017
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
July 1,
 
3,061

 
4,198

 
725

 
7,984

    Added
 
—

 
—

 
42

 
42

    Charged Off
 
—

 
(155
)
 
(17
)
 
(172
)
    Payments
 
(153
)
 
(222
)
 
(55
)
 
(430
)
September 30,
 
2,908

 
3,821

 
695

 
7,424

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

 
4,447

 
732

 
8,565

    Added
 
—

 
227

 
251

 
478

    Charged Off
 
—

 
(195
)
 
(88
)
 
(283
)
    Payments
 
(478
)
 
(658
)
 
(200
)
 
(1,336
)
September 30,
 
2,908

 
3,821

 
695

 
7,424
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.  
 
 
September 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
 
$
765

 
$
487

 
$
481

 
$
1,733

 
$
507,758

 
$
509,491

 Farmland
 
—

 
8

 
3,198

 
3,206

 
103,902

 
107,108

 Non Farm, Non Residential
 
20

 
31

 
26

 
77

 
188,673

 
188,750

 Agriculture
 
—

 
—

 
11

 
11

 
142,700

 
142,711

 All Other Commercial
 
4

 
—

 
—

 
4

 
210,233

 
210,237

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
528

 
446

 
1,939

 
2,913

 
236,246

 
239,159

 Home Equity
 
203

 
80

 
81

 
364

 
37,449

 
37,813

 Junior Liens
 
138

 
53

 
18

 
209

 
47,866

 
48,075

 Multifamily
 
—

 
—

 
—

 
—

 
107,179

 
107,179

 All Other Residential
 
—

 
—

 
—

 
—

 
12,481

 
12,481

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
5,092

 
861

 
299

 
6,252

 
313,132

 
319,384

 All Other Consumer
 
106

 
10

 
3

 
119

 
27,080

 
27,199

TOTAL
 
$
6,856

 
$
1,976

 
$
6,056

 
$
14,888

 
$
1,934,699

 
$
1,949,587

 
 
 
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 September 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:
 
 
September 30, 2018
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
462,286

 
$
21,079

 
$
16,145

 
$
—

 
$
8,327

 
$
507,837

 Farmland
 
88,960

 
7,655

 
8,427

 
—

 
20

 
105,062

 Non Farm, Non Residential
 
172,165

 
5,620

 
10,531

 
—

 
—

 
188,316

 Agriculture
 
113,536

 
9,823

 
16,405

 
—

 
456

 
140,220

 All Other Commercial
 
200,398

 
43

 
6,923

 
—

 
1,737

 
209,101

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
44,443

 
971

 
3,935

 
—

 
188,857

 
238,206

 Home Equity
 
673

 
—

 
120

 
—

 
36,952

 
37,745

 Junior Liens
 
2,041

 
76

 
171

 
76

 
45,598

 
47,962

 Multifamily
 
106,891

 
—

 
—

 
—

 
19

 
106,910

 All Other Residential
 
—

 
—

 
15

 
—

 
12,426

 
12,441

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
674

 
—

 
317,387

 
318,061

 All Other Consumer
 
—

 
—

 
43

 
—

 
27,028

 
27,071

TOTAL
 
$
1,191,393

 
$
45,267

 
$
63,389

 
$
76

 
$
638,807

 
$
1,938,932

 
 
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