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Loans (Tables)
 9 Months Ended
Sep. 30, 2017
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of classes of loan portfolio summarized by the aggregate risk rating
The following table presents the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard, and doubtful within the Corporation’s internal risk rating system as of September 30, 2017, and December 31, 2016:
 
In thousands
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
SEPTEMBER 30, 2017
 
 

 
 

 
 

 
 

 
 

Originated Loans
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
157,249

 
$
3,348

 
$
2,060

 
$
—

 
$
162,657

Commercial real estate
 
312,432

 
19,134

 
9,355

 
—

 
340,921

Commercial real estate construction
 
31,042

 
1,009

 
250

 
—

 
32,301

Residential mortgage
 
352,238

 
3,895

 
544

 
—

 
356,677

Home equity lines of credit
 
77,486

 
352

 
90

 
—

 
77,928

Consumer
 
14,413

 
—

 
—

 
—

 
14,413

Total Originated Loans
 
944,860

 
27,738

 
12,299

 
—

 
984,897

Acquired Loans
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
6,123

 
177

 
80

 
—

 
6,380

Commercial real estate
 
125,703

 
13,824

 
3,225

 
—

 
142,752

Commercial real estate construction
 
7,085

 
393

 
—

 
—

 
7,478

Residential mortgage
 
58,927

 
2,932

 
3,196

 
—

 
65,055

Home equity lines of credit
 
26,726

 
88

 
371

 
—

 
27,185

Consumer
 
2,263

 
358

 
2

 
—

 
2,623

Total Acquired Loans
 
226,827

 
17,772

 
6,874

 
—

 
251,473

Total Loans
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
163,372

 
3,525

 
2,140

 
—

 
169,037

Commercial real estate
 
438,135

 
32,958

 
12,580

 
—

 
483,673

Commercial real estate construction
 
38,127

 
1,402

 
250

 
—

 
39,779

Residential mortgage
 
411,165

 
6,827

 
3,740

 
—

 
421,732

Home equity lines of credit
 
104,212

 
440

 
461

 
—

 
105,113

Consumer
 
16,676

 
358

 
2

 
—

 
17,036

Total Loans
 
$
1,171,687

 
$
45,510

 
$
19,173

 
$
—

 
$
1,236,370

 
 
 
 
 
 
 
 
 
 
 
DECEMBER 31, 2016
 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
134,088

 
$
2,355

 
$
3,901

 
$
—

 
$
140,344

Commercial real estate
 
291,762

 
17,376

 
9,842

 
—

 
318,980

Commercial real estate construction
 
13,606

 
1,202

 
463

 
—

 
15,271

Residential mortgage
 
344,048

 
3,617

 
874

 
—

 
348,539

Home equity lines of credit
 
69,190

 
756

 
126

 
—

 
70,072

Consumer
 
14,704

 
—

 
—

 
—

 
14,704

 
 
$
867,398

 
$
25,306

 
$
15,206

 
$
—

 
$
907,910
Schedule of changes In accretable yields of acquired loans
The following table provides changes in accretable yield for all acquired loans accounted for under ASC 310-30. Loans accounted for under ASC 310-20 are not included in this table.
In thousands
 
Nine Months Ended September 30, 2017
Balance at beginning of period
 
$
—

Acquisitions of impaired loans
 
1,458

Reclassification from non-accretable differences
 
—

Accretion
 
(111
)
Balance at end of period
 
$
1,347
Summary of information relative to impaired loans by loan portfolio class
The following table summarizes information relative to impaired loans by loan portfolio class as of September 30, 2017, and December 31, 2016:
 
 
 
Impaired Loans with  Allowance
 
Impaired Loans with
No Allowance
In thousands
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Recorded
Investment
 
Unpaid
Principal
Balance
SEPTEMBER 30, 2017
 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
1,353

 
$
1,353

 
$
698

 
$
390

 
$
390

Commercial real estate
 
832

 
832

 
117

 
7,581

 
7,581

Residential mortgage
 
377

 
377

 
377

 
101

 
101

 
 
$
2,562

 
$
2,562

 
$
1,192

 
$
8,072

 
$
8,072

 
 
 
 
 
 
 
 
 
 
 
DECEMBER 31, 2016
 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
948

 
$
948

 
$
599

 
$
1,178

 
$
1,178

Commercial real estate
 
—

 
—

 
—

 
8,764

 
8,965

Commercial real estate construction
 
—

 
—

 
—

 
300

 
300

Residential mortgage
 
376

 
376

 
333

 
379

 
379

 
 
$
1,324

 
$
1,324

 
$
932

 
$
10,621

 
$
10,822
Summary of information in regards to the average of impaired loans and related income by loan portfolio class
The following table summarizes information in regards to the average of impaired loans and related interest income by loan portfolio class for the three months ended September 30, 2017 and 2016:
 
 
 
Impaired Loans with
Allowance
 
Impaired Loans with
No Allowance
In thousands
 
Average
Recorded
Investment
 
Interest
Income
 
Average
Recorded
Investment
 
Interest
Income
SEPTEMBER 30, 2017
 
 

 
 

 
 

 
 

Commercial and industrial
 
$
1,360

 
$
—

 
$
734

 
$
—

Commercial real estate
 
832

 
—

 
7,626

 
80

Commercial real estate construction
 
—

 
—

 
—

 
—

Residential mortgage
 
378

 
—

 
101

 
—

 
 
$
2,570

 
$
—

 
$
8,461

 
$
80

 
 
 
 
 
 
 
 
 
SEPTEMBER 30, 2016
 
 

 
 

 
 

 
 

Commercial and industrial
 
$
—

 
$
—

 
$
1,361

 
$
3

Commercial real estate
 
—

 
—

 
8,156

 
104

Commercial real estate construction
 
—

 
—

 
300

 
—

Residential mortgage
 
374

 
—

 
414

 
4

 
 
$
374

 
$
—

 
$
10,231

 
$
111


The following table summarizes information in regards to the average of impaired loans and related interest income by loan portfolio class for the nine months ended September 30, 2017 and 2016:
 
 
 
Impaired Loans with
Allowance
 
Impaired Loans with
No Allowance
In thousands
 
Average
Recorded
Investment
 
Interest
Income
 
Average
Recorded
Investment
 
Interest
Income
SEPTEMBER 30, 2017
 
 

 
 

 
 

 
 

Commercial and industrial
 
$
1,152

 
$
—

 
$
934

 
$
—

Commercial real estate
 
416

 
—

 
8,155

 
293

Commercial real estate construction
 
—

 
—

 
75

 
25

Residential mortgage
 
377

 
—

 
238

 
15

 
 
$
1,945

 
$
—

 
$
9,402

 
$
333

 
 
 
 
 
 
 
 
 
SEPTEMBER 30, 2016
 
 

 
 

 
 

 
 

Commercial and industrial
 
$
—

 
$
—

 
$
1,400

 
$
3

Commercial real estate
 
—

 
—

 
8,280

 
327

Commercial real estate construction
 
—

 
—

 
337

 
—

Residential mortgage
 
187

 
—

 
435

 
13

 
 
$
187

 
$
—

 
$
10,452

 
$
343
Schedule of nonaccrual loans by loan portfolio class
The following table presents nonaccrual loans by loan portfolio class as of September 30, 2017, and December 31, 2016, the table below excludes $6.9 million in purchase credit impaired loans, net of unamortized fair value adjustments: 

In thousands
 
September 30, 2017
 
December 31, 2016
Commercial and industrial
 
$
1,743

 
$
2,126

Commercial real estate
 
4,474

 
1,593

Commercial real estate construction
 
—

 
300

Residential mortgage
 
478

 
483

 
 
$
6,695

 
$
4,502
Summary of information relative to trouble debt restructurings by loan portfolio class
The following table summarizes information relative to troubled debt restructurings by loan portfolio class as of September 30, 2017, and December 31, 2016:
 
In thousands
 
Pre-Modification
Outstanding Recorded Investment
 
Post-Modification
Outstanding Recorded Investment
 
Recorded
Investment at Period End
SEPTEMBER 30, 2017
 
 

 
 

 
 

Nonaccruing troubled debt restructurings:
 
 

 
 

 
 

Commercial real estate
 
$
4,015

 
$
4,073

 
$
3,434

Total nonaccruing troubled debt restructurings
 
4,015

 
4,073

 
3,434

Accruing troubled debt restructurings:
 
 

 
 

 
 

Commercial real estate
 
4,577

 
4,577

 
3,939

Total accruing troubled debt restructurings
 
4,577

 
4,577

 
3,939

Total Troubled Debt Restructurings
 
$
8,592

 
$
8,650

 
$
7,373

 
 
 
 
 
 
 
DECEMBER 31, 2016
 
 

 
 

 
 

Nonaccruing troubled debt restructurings:
 
 

 
 

 
 

Commercial real estate
 
$
648

 
$
648

 
$
377

Total nonaccruing troubled debt restructurings
 
648

 
648

 
377

Accruing troubled debt restructurings:
 
 
 
 
 
 
Commercial real estate
 
7,944

 
8,002

 
7,171

Residential mortgage
 
336

 
336

 
272

Total accruing troubled debt restructurings
 
8,280

 
8,338

 
7,443

Total Troubled Debt Restructurings
 
$
8,928

 
$
8,986

 
$
7,820
Schedule of classes of loan portfolio summarized by the past due status
The following table presents the classes of the loan portfolio summarized by the past due status as of September 30, 2017, and December 31, 2016:

In thousands
 
30-59 Days Past Due
 
60-89 Days
Past Due
 
>90 Days
Past Due
 
Total Past
Due
 
Current
 
Total Loans
Receivable
 
Loans
Receivable
>90 Days
and
Accruing
SEPTEMBER 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Originated Loans
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
75

 
$
1

 
$
1,749

 
$
1,825

 
$
160,832

 
$
162,657

 
$
6

Commercial real estate
 
—

 
—

 
1,313

 
1,313

 
339,608

 
340,921

 
—

Commercial real estate construction
 
—

 
332

 
—

 
332

 
31,969

 
32,301

 
—

Residential mortgage
 
397

 
363

 
1,977

 
2,737

 
353,940

 
356,677

 
1,499

Home equity lines of credit
 
105

 
50

 
96

 
251

 
77,677

 
77,928

 
96

Consumer
 
65

 
3

 
—

 
68

 
14,345

 
14,413

 
—

Total originated loans
 
642

 
749

 
5,135

 
6,526

 
978,371

 
984,897

 
1,601

Acquired Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
—

 
1

 
—

 
1

 
6,379

 
6,380

 
—

Commercial real estate
 
—

 
—

 
—

 
—

 
142,752

 
142,752

 
—

Commercial real estate construction
 
76

 
—

 
—

 
76

 
7,402

 
7,478

 
—

Residential mortgage
 
298

 
115

 
25

 
438

 
64,617

 
65,055

 
25

Home equity lines of credit
 
605

 
—

 
—

 
605

 
26,580

 
27,185

 
—

Consumer
 
12

 
—

 
—

 
12

 
2,611

 
2,623

 
—

Total acquired loans
 
991

 
116

 
25

 
1,132

 
250,341

 
251,473

 
25

Total Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
75

 
2

 
1,749

 
1,826

 
167,211

 
169,037

 
6

Commercial real estate
 
—

 
—

 
1,313

 
1,313

 
482,360

 
483,673

 
—

Commercial real estate construction
 
76

 
332

 
—

 
408

 
39,371

 
39,779

 
—

Residential mortgage
 
695

 
478

 
2,002

 
3,175

 
418,557

 
421,732

 
1,524

Home equity lines of credit
 
710

 
50

 
96

 
856

 
104,257

 
105,113

 
96

Consumer
 
77

 
3

 
—

 
80

 
16,956

 
17,036

 
—

Total Loans
 
$
1,633

 
$
865

 
$
5,160

 
$
7,658

 
$
1,228,712

 
$
1,236,370

 
$
1,626

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
DECEMBER 31, 2016
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial and industrial
 
$
26

 
$
1

 
$
1,178

 
$
1,205

 
$
139,139

 
$
140,344

 
$
—

Commercial real estate
 
325

 
674

 
—

 
999

 
317,981

 
318,980

 
—

Commercial real estate construction
 
—

 
—

 
300

 
300

 
14,971

 
15,271

 
—

Residential mortgage
 
2,866

 
657

 
1,413

 
4,936

 
343,603

 
348,539

 
937

Home equity lines of credit
 
310

 
56

 
408

 
774

 
69,298

 
70,072

 
408

Consumer
 
31

 
47

 
—

 
78

 
14,626

 
14,704

 
—

Total loans
 
$
3,558

 
$
1,435

 
$
3,299

 
$
8,292

 
$
899,618

 
$
907,910

 
$
1,345
Summary of allowance for loan losses and recorded investment in loans receivable
The following tables summarize the allowance for loan losses and recorded investment in loans receivable:
In thousands
 
Commercial
and
Industrial
 
Commercial
Real Estate
 
Commercial
Real Estate
Construction
 
Residential
Mortgage
 
Home Equity
Lines of
Credit
 
Consumer
 
Unallocated
 
Total
AS OF AND FOR THE PERIOD ENDED SEPTEMBER 30, 2017
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Allowance for Loan Losses
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance - July 1, 2017
 
$
3,246

 
$
5,210

 
$
135

 
$
3,368

 
$
607

 
$
815

 
$
767

 
$
14,148

Charge-offs
 
(60
)
 
—

 
—

 
(15
)
 
(9
)
 
(18
)
 
—

 
(102
)
Recoveries
 
8

 
—

 
40

 
10

 
—

 
1

 
—

 
59

Provisions
 
73

 
195

 
(31
)
 
(101
)
 
29

 
12

 
(177
)
 
—

Ending balance - September 30, 2017
 
$
3,267

 
$
5,405

 
$
144

 
$
3,262

 
$
627

 
$
810

 
$
590

 
$
14,105

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance - January 1, 2017
 
$
3,055

 
$
4,968

 
$
147

 
$
3,478

 
$
648

 
$
923

 
$
975

 
$
14,194

Charge-offs
 
(129
)
 
—

 
—

 
(32
)
 
(9
)
 
(102
)
 
—

 
(272
)
Recoveries
 
17

 
61

 
40

 
52

 
—

 
13

 
—

 
183

Provisions
 
324

 
376

 
(43
)
 
(236
)
 
(12
)
 
(24
)
 
(385
)
 
—

Ending balance - September 30, 2017
 
$
3,267

 
$
5,405

 
$
144

 
$
3,262

 
$
627

 
$
810

 
$
590

 
$
14,105

Ending balance: individually evaluated for impairment
 
$
698

 
$
117

 
$
—

 
$
377

 
$
—

 
$
—

 
$
—

 
$
1,192

Ending balance: collectively evaluated for impairment
 
$
2,569

 
$
5,288

 
$
144

 
$
2,885

 
$
627

 
$
810

 
$
590

 
$
12,913

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Receivable
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
169,037

 
$
483,673

 
$
39,779

 
$
421,732

 
$
105,113

 
$
17,036

 
$
—

 
$
1,236,370

Ending balance: individually evaluated for impairment
 
$
1,743

 
$
8,413

 
$
—

 
$
478

 
$
—

 
$
—

 
$
—

 
$
10,634

Ending balance: collectively evaluated for impairment
 
$
167,294

 
$
475,260

 
$
39,779

 
$
421,254

 
$
105,113

 
$
17,036

 
$
—

 
$
1,225,736

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AS OF AND FOR THE PERIOD ENDED SEPTEMBER 30, 2016
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Allowance for Loan Losses
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning Balance - July 1, 2016
 
$
2,557

 
$
5,433

 
$
134

 
$
3,311

 
$
607

 
$
952

 
$
1,642

 
$
14,636

Charge-offs
 
(131
)
 
—

 
—

 
(6
)
 
—

 
(28
)
 
—

 
(165
)
Recoveries
 
5

 
—

 
—

 
8

 
—

 
4

 
—

 
17

Provisions
 
(80
)
 
(60
)
 
11

 
(46
)
 
2

 
(11
)
 
184

 
—

Ending balance - September 30, 2016
 
$
2,351

 
$
5,373

 
$
145

 
$
3,267

 
$
609

 
$
917

 
$
1,826

 
$
14,488

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance - January 1, 2016
 
$
2,508

 
$
5,216

 
$
112

 
$
3,349

 
$
619

 
$
1,083

 
$
1,860

 
$
14,747

Charge-offs
 
(221
)
 
—

 
(135
)
 
(45
)
 
(9
)
 
(50
)
 
—

 
(460
)
Recoveries
 
44

 
—

 
132

 
14

 
—

 
11

 
—

 
201

Provisions
 
20

 
157

 
36

 
(51
)
 
(1
)
 
(127
)
 
(34
)
 
—

Ending balance - September 30, 2016
 
$
2,351

 
$
5,373

 
$
145

 
$
3,267

 
$
609

 
$
917

 
$
1,826

 
$
14,488

Ending balance: individually evaluated for impairment
 
$
—

 
$
—

 
$
—

 
$
167

 
$
—

 
$
—

 
$
—

 
$
167

Ending balance: collectively evaluated for impairment
 
$
2,351

 
$
5,373

 
$
145

 
$
3,100

 
$
609

 
$
917

 
$
1,826

 
$
14,321

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Receivable
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
122,926

 
$
309,161

 
$
13,243

 
$
346,422

 
$
65,689

 
$
14,582

 
$
—

 
$
872,023

Ending balance: individually evaluated for impairment
 
$
1,249

 
$
8,042

 
$
300

 
$
759

 
$
—

 
$
—

 
$
—

 
$
10,350

Ending balance: collectively evaluated for impairment
 
$
121,677

 
$
301,119

 
$
12,943

 
$
345,663

 
$
65,689

 
$
14,582

 
$
—

 
$
861,673

In thousands
 
Commercial
and
Industrial
 
Commercial
Real Estate
 
Commercial
Real Estate
Construction
 
Residential
Mortgage
 
Home Equity
Lines of
Credit
 
Consumer
 
Unallocated
 
Total
AS OF DECEMBER 31, 2016
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Allowance for Loan Losses
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
3,055

 
$
4,968

 
$
147

 
$
3,478

 
$
648

 
$
923

 
$
975

 
$
14,194

Ending balance: individually evaluated for impairment
 
$
599

 
$
—

 
$
—

 
$
333

 
$
—

 
$
—

 
$
—

 
$
932

Ending balance: collectively evaluated for impairment
 
$
2,456

 
$
4,968

 
$
147

 
$
3,145

 
$
648

 
$
923

 
$
975

 
$
13,262

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans Receivable
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending balance
 
$
140,344

 
$
318,980

 
$
15,271

 
$
348,539

 
$
70,072

 
$
14,704

 
$
—

 
$
907,910

Ending balance: individually evaluated for impairment
 
$
2,126

 
$
8,764

 
$
300

 
$
755

 
$
—

 
$
—

 
$
—

 
$
11,945

Ending balance: collectively evaluated for impairment
 
$
138,218

 
$
310,216

 
$
14,971

 
$
347,784

 
$
70,072

 
$
14,704

 
$
—

 
$
895,965