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Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2019
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [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, 2019
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
9,481

 
$
1,323

 
$
7,744

 
$
1,702

 
$
20,250

Provision for loan losses
 
163

 
(10
)
 
1,691

 
(344
)
 
1,500

Loans charged -off
 
(864
)
 
(256
)
 
(2,082
)
 
—

 
(3,202
)
Recoveries
 
226

 
266

 
759

 
—

 
1,251

Ending Balance
 
$
9,006

 
$
1,323

 
$
8,112

 
$
1,358

 
$
19,799



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
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, 2019 and December 31, 2018. 
Allowance for Loan Losses
 
September 30, 2019
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
33

 
$
—

 
$
—

 
$
—

 
$
33

Collectively evaluated for impairment
 
8,973

 
1,323

 
8,112

 
1,358

 
19,766

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
9,006

 
$
1,323

 
$
8,112

 
$
1,358

 
$
19,799

 
Loans:
 
September 30, 2019
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
$
3,415

 
$
3,664

 
$
—

 
 
 
$
7,079

Collectively evaluated for impairment
 
1,577,863

 
705,586

 
375,303

 
 
 
2,658,752

Acquired with deteriorated credit quality
 
10,000

 
260

 
—

 
 
 
10,260

Ending Balance
 
$
1,591,278

 
$
709,510

 
$
375,303

 
 
 
$
2,676,091


Allowance for Loan Losses:
 
December 31, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
737

 
—

 
—

 
—

 
737

Collectively evaluated for impairment
 
9,111

 
1,313

 
7,481

 
1,794

 
19,699

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
9,848

 
$
1,313

 
$
7,481

 
$
1,794

 
$
20,436

Loans
 
December 31, 2018
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
6,101

 
4,415

 
—

 
 
 
10,516

Collectively evaluated for impairment
 
1,166,227

 
440,497

 
342,473

 
 
 
1,949,197

Acquired with deteriorated credit quality
 
1,495

 
—

 
—

 
 
 
1,495

Ending Balance
 
$
1,173,823

 
$
444,912

 
$
342,473

 
 
 
$
1,961,208
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, 2019
 
 
 
 
 
 
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
 
$
1,752

 
$
1,222

 
$
—

 
$
813

 
$
—

 
$
—

 Farmland
 
2,011

 
2,011

 
—

 
1,999

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
—

 
—

 
—

 Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Commercial
 
29

 
29

 
—

 
570

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
3,664

 
3,664

 
—

 
4,080

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
153

 
153

 
33

 
1,349

 
—

 
—

 Farmland
 
—

 
—

 
—

 
105

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
—

 
—

 
—

 Agriculture
 
—

 
—

 
—

 
173

 
—

 
—

 All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
7,609

 
$
7,079

 
$
33

 
$
9,089

 
$
—

 
$
—

 



 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
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
 
$
589

 
$
589

 
$
—

 
$
698

 
$
—

 
$
—

 Farmland
 
2,022

 
2,022

 
—

 
1,579

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
1,443

 
—

 
—

 Agriculture
 
—

 
—

 
—

 
49

 
—

 
—

 All Other Commercial
 
1,114

 
1,114

 
—

 
1,172

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
4,415

 
4,415

 
—

 
3,371

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
23

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
1,819

 
1,819

 
593

 
688

 
—

 
—

 Farmland
 
211

 
211

 
44

 
1,691

 
—

 
—

 Non Farm, Non Residential
 
—

 
—

 
—

 
—

 


 
—

 Agriculture
 
346

 
346

 
100

 
316

 
—

 
—

 All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
—

 
—

 
—

 
88

 
—

 
—

 Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

 Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

 Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

 All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
10,516

 
$
10,516

 
$
737

 
$
11,118

 
$
—

 
$
—

 
Schedule of non-performing loans
The tables below presents the recorded investment in non-performing loans.
 
 
September 30, 2019
 
 
Loans Past
Due Over
90 Days Still
 
Troubled
Debt Restructured
 
Nonaccrual Excluding
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
TDR
Commercial
 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
—

 
$
—

 
$
17

 
$
2,401

 Farmland
 
—

 
—

 
—

 
2,439

 Non Farm, Non Residential
 
—

 
—

 
—

 
455

 Agriculture
 
—

 
—

 
—

 
490

 All Other Commercial
 
—

 
—

 
—

 
81

Residential
 
 

 
 

 
 
 
 

 First Liens
 
586

 
3,016

 
445

 
3,101

 Home Equity
 
7

 
—

 
—

 
121

 Junior Liens
 
12

 
48

 
9

 
179

 Multifamily
 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
55

Consumer
 
 

 
 

 
 
 
 

 Motor Vehicle
 
180

 
—

 
15

 
183

 All Other Consumer
 
5

 
271

 
327

 
347

TOTAL
 
$
790

 
$
3,335

 
$
813

 
$
9,852



 
 
December 31, 2018
 
 
Loans Past
Due Over
90 Days Still
 
Troubled
Debt Restructured
 
Nonaccrual Excluding
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
TDR
Commercial
 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
—

 
$
1

 
$
144

 
$
2,902

 Farmland
 
—

 
—

 
—

 
2,391

 Non Farm, Non Residential
 
—

 
—

 
—

 
81

 Agriculture
 
—

 
—

 
—

 
355

 All Other Commercial
 
—

 
—

 
—

 
1,122

Residential
 
 

 
 

 
 
 
 

 First Liens
 
581

 
3,327

 
531

 
3,393

 Home Equity
 
41

 
—

 
—

 
75

 Junior Liens
 
53

 
55

 
—

 
86

 Multifamily
 
—

 
—

 
—

 
—

 All Other Residential
 
—

 
—

 
—

 
64

Consumer
 
 

 
 

 
 
 
 

 Motor Vehicle
 
177

 
1

 
—

 
125

 All Other Consumer
 
—

 
268

 
349

 
380

TOTAL
 
$
852

 
$
3,652

 
$
1,024

 
$
10,974
Troubled Debt Restructurings on Financing Receivables
During the three and nine months ended September 30, 2019 and 2018, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDRs.
 
 
 
 
2019
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
July 1,
 
$
127

 
$
3,797

 
$
617

 
$
4,541

    Added
 
—

 
—

 
73

 
73

    Charged Off
 
—

 
—

 
(35
)
 
(35
)
    Payments
 
(110
)
 
(300
)
 
(42
)
 
(452
)
September 30,
 
$
17

 
$
3,497

 
$
613

 
$
4,127

 
 
 
 
 
 
 
 
 
 
 
 
 
2019
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
145

 
$
4,043

 
$
618

 
$
4,806

    Added
 
—

 
122

 
236

 
358

    Charged Off
 
—

 
(16
)
 
(81
)
 
(97
)
    Payments
 
(128
)
 
(652
)
 
(160
)
 
(940
)
September 30,
 
$
17

 
$
3,497

 
$
613

 
$
4,127

 
 
 
 
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
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, 2019
 
 
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
 
$
988

 
$
116

 
$
832

 
$
1,936

 
$
601,368

 
$
603,304

 Farmland
 
—

 
5

 
2,100

 
2,105

 
136,959

 
139,064

 Non Farm, Non Residential
 
60

 
—

 
—

 
60

 
409,728

 
409,788

 Agriculture
 
493

 
—

 
—

 
493

 
159,886

 
160,379

 All Other Commercial
 
75

 
47

 
29

 
151

 
278,592

 
278,743

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
1,386

 
1,443

 
1,364

 
4,193

 
410,637

 
414,830

 Home Equity
 
326

 
25

 
11

 
362

 
69,537

 
69,899

 Junior Liens
 
355

 
101

 
126

 
582

 
53,078

 
53,660

 Multifamily
 
—

 
—

 
—

 
—

 
163,803

 
163,803

 All Other Residential
 
—

 
—

 
—

 
—

 
7,318

 
7,318

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
4,629

 
801

 
251

 
5,681

 
337,055

 
342,736

 All Other Consumer
 
132

 
32

 
10

 
174

 
32,393

 
32,567

TOTAL
 
$
8,444

 
$
2,570

 
$
4,723

 
$
15,737

 
$
2,660,354

 
$
2,676,091

 
 
 
December 31, 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
 
$
1,017

 
$
420

 
$
345

 
$
1,782

 
$
518,239

 
$
520,021

 Farmland
 
515

 
8

 
2,136

 
2,659

 
104,981

 
107,640

 Non Farm, Non Residential
 
—

 
—

 
57

 
57

 
188,706

 
188,763

 Agriculture
 
41

 
—

 
347

 
388

 
148,345

 
148,733

 All Other Commercial
 
30

 
3

 
—

 
33

 
208,633

 
208,666

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
3,365

 
429

 
1,473

 
5,267

 
231,684

 
236,951

 Home Equity
 
155

 
8

 
110

 
273

 
39,378

 
39,651

 Junior Liens
 
132

 
225

 
63

 
420

 
49,111

 
49,531

 Multifamily
 
—

 
—

 
—

 
—

 
109,609

 
109,609

 All Other Residential
 
—

 
9

 
15

 
24

 
9,146

 
9,170

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
4,766

 
609

 
177

 
5,552

 
309,238

 
314,790

 All Other Consumer
 
208

 
7

 
12

 
227

 
27,456

 
27,683

TOTAL
 
$
10,229

 
$
1,718

 
$
4,735

 
$
16,682

 
$
1,944,526

 
$
1,961,208
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, 2019 and December 31, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans are as follows:
 
 
September 30, 2019
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
550,274

 
$
18,205

 
$
26,901

 
$
4

 
$
6,228

 
$
601,612

 Farmland
 
121,097

 
7,472

 
8,354

 
—

 
10

 
136,933

 Non Farm, Non Residential
 
390,707

 
5,469

 
12,577

 
—

 
622

 
409,375

 Agriculture
 
125,250

 
4,239

 
27,654

 
—

 
568

 
157,711

 All Other Commercial
 
269,763

 
4,123

 
155

 
—

 
3,330

 
277,371

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
193,626

 
1,142

 
4,540

 
—

 
214,651

 
413,959

 Home Equity
 
18,375

 
—

 
452

 
—

 
51,008

 
69,835

 Junior Liens
 
2,895

 
67

 
185

 
76

 
50,318

 
53,541

 Multifamily
 
161,976

 
1,440

 
—

 
—

 
21

 
163,437

 All Other Residential
 
—

 
—

 
13

 
—

 
7,271

 
7,284

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
3,224

 
—

 
470

 
—

 
337,630

 
341,324

 All Other Consumer
 
3,691

 
—

 
33

 
—

 
28,699

 
32,423

TOTAL
 
$
1,840,878

 
$
42,157

 
$
81,334

 
$
80

 
$
700,356

 
$
2,664,805

 
 
December 31, 2018
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

 Commercial & Industrial
 
$
472,008

 
$
20,600

 
$
18,374

 
$
—

 
$
7,428

 
$
518,410

 Farmland
 
90,367

 
7,587

 
7,783

 
—

 
19

 
105,756

 Non Farm, Non Residential
 
170,757

 
5,442

 
10,439

 
—

 
1,695

 
188,333

 Agriculture
 
118,952

 
10,010

 
16,637

 
—

 
457

 
146,056

 All Other Commercial
 
198,302

 
43

 
6,777

 
—

 
2,675

 
207,797

Residential
 
 

 
 

 
 

 
 

 
 

 
 

 First Liens
 
43,915

 
1,043

 
3,504

 
—

 
187,685

 
236,147

 Home Equity
 
963

 
—

 
148

 
—

 
38,471

 
39,582

 Junior Liens
 
1,983

 
74

 
224

 
76

 
47,060

 
49,417

 Multifamily
 
109,361

 
—

 
—

 
—

 
17

 
109,378

 All Other Residential
 
—

 
—

 
15

 
—

 
9,131

 
9,146

Consumer
 


 
 

 
 

 
 

 
 

 
 

 Motor Vehicle
 
—

 
—

 
627

 
—

 
312,863

 
313,490

 All Other Consumer
 
—

 
—

 
34

 
—

 
27,517

 
27,551

TOTAL
 
$
1,206,608

 
$
44,799

 
$
64,562

 
$
76

 
$
635,018

 
$
1,951,063