LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES (Tables)

3 Months Ended

Mar. 31, 2020

Loans Held For Investment And Allowance For Credit Losses [Abstract]

Schedule of composition of the loan portfolio

(Dollars in Thousands)		March 31, 2020		December 31, 2019
Commercial, Financial and Agricultural		$	249,020	$	255,365
Real Estate – Construction			122,595		115,018
Real Estate – Commercial Mortgage			656,084		625,556
Real Estate – Residential(1)			360,730		361,450
Real Estate – Home Equity			196,443		197,360
Consumer(2)			277,515		281,180
	Loans, Net of Unearned Income	$	1,862,387	$	1,835,929

⁽¹⁾Includes loans in process with outstanding balances of $7.3 million and $8.3 million at March 31, 2020 and December 31, 2019, respectively.

⁽²⁾Includesoverdraft balances of $1.5 million and $1.6 million at March 31, 2020 and December 31, 2019, respectively.

Schedule of activity in the allowance for loan losses by portfolio class

		Commercial,				Real Estate
		Financial,		Real Estate		Commercial		Real Estate		Real Estate
(Dollars in Thousands)		Agricultural		Construction		Mortgage		Residential		Home Equity		Consumer		Total
Three Months Ended
March 31, 2020
Beginning Balance		$	1,675	$	370	$	3,416	$	3,128	$	2,224	$	3,092	$	13,905
	Impact of Adopting ASC 326		488		302		1,458		1,243		374		(596)		3,269
	Provision for Credit Losses		406		567		774		1,704		101		1,438		4,990
	Charge-Offs		(362)		-		(11)		(110)		(31)		(1,566)		(2,080)
	Recoveries		40		-		191		40		33		695		999
	Net Charge-Offs		(322)		-		180		(70)		2		(871)		(1,081)
Ending Balance		$	2,247	$	1,239	$	5,828	$	6,005	$	2,701	$	3,063	$	21,083
Three Months Ended
March 31, 2019
Beginning Balance		$	1,434	$	280	$	4,181	$	3,400	$	2,301	$	2,614	$	14,210
	Provision for Credit Losses		217		101		(103)		6		(20)		566		767
	Charge-Offs		(95)		-		(155)		(264)		(52)		(795)		(1,361)
	Recoveries		74		-		70		44		32		284		504
	Net Charge-Offs		(21)		-		(85)		(220)		(20)		(511)		(857)
Ending Balance		$	1,630	$	381	$	3,993	$	3,186	$	2,261	$	2,669	$	14,120

Schedule of recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans

	March 31, 2020						December 31, 2019
			Nonaccrual						Nonaccrual
	Total		With No		90 + Days		Total		With No		90 + Days
(Dollars in Thousands)	Nonaccrual		ACL		Still Accruing		Nonaccrual		ACL		Still Accruing
Commercial, Financial and Agricultural	$	358	$	-	$	-	$	446	$	-	$	-
Real Estate – Commercial Mortgage		1,332		676		-		1,434		958		-
Real Estate – Residential		2,214		1,656		-		1,392		227		-
Real Estate – Home Equity		692		-		-		797		-		-
Consumer		278		-		-		403		-		-
Total Nonaccrual Loans	$	4,874	$	2,332	$	-	$	4,472	$	1,185	$	-

Amortized cost basis of collateral-dependent loans

	March 31, 2020
	Real Estate		Non Real Estate
(Dollars in Thousands)	Secured		Secured
Commercial, Financial and Agricultural	$	46	$	-
Real Estate - Commercial Mortgage		4,481		-
Real Estate - Residential		2,373		-
Real Estate - Home Equity		489		-
Consumer		-		-
Total	$	7,389	$	-

Schedule of aging of the recorded investment in accruing past due loans by class of loans

	30-59		60-89		90 +		Total		Total		Total
(Dollars in Thousands)	DPD		DPD		DPD		Past Due		Current		Loans(1)
March 31, 2020
Commercial, Financial and Agricultural	$	495	$	454	$	-	$	949	$	247,713	$	249,020
Real Estate – Construction		530		-		-		530		122,065		122,595
Real Estate – Commercial Mortgage		233		631		-		864		653,888		656,084
Real Estate – Residential		562		-		-		562		357,954		360,730
Real Estate – Home Equity		459		-		-		459		195,292		196,443
Consumer		1,557		156		-		1,713		275,524		277,515
Total Loans	$	3,836	$	1,241	$	-	$	5,077	$	1,852,436	$	1,862,387
December 31, 2019
Commercial, Financial and Agricultural	$	489	$	191	$	-	$	680	$	254,239	$	255,365
Real Estate – Construction		300		10		-		310		114,708		115,018
Real Estate – Commercial Mortgage		148		84		-		232		623,890		625,556
Real Estate – Residential		629		196		-		825		359,233		361,450
Real Estate – Home Equity		155		20		-		175		196,388		197,360
Consumer		2,000		649		-		2,649		278,128		281,180
Total Loans	$	3,721	$	1,150	$	-	$	4,871	$	1,826,586	$	1,835,929
(1) Total Loans include nonaccrual loans of $4.9 million and $4.5 million at March 31, 2020 and December 31, 2019, respectively.

Summary of gross loans held for investment by years of origination

The following table summarizes gross loans held for investment by years of origination and internally assigned credit risk ratings (refer to Credit Risk Management section for detail on risk rating system).
	Term Loans by Origination Year												Revolving
(Dollars in Thousands)	2020		2019		2018		2017		2016		Prior		Loans		Total
As of March 31, 2020
Commercial, Financial, Agriculture:
Pass	$	15,540	$	59,938	$	56,515	$	22,991	$	19,601	$	16,357	$	57,074	$	248,016
Special Mention		-		4		61		17		-		65		-		147
Substandard		-		-		456		310		59		27		5		857
Total	$	15,540	$	59,942	$	57,032	$	23,318	$	19,660	$	16,449	$	57,079	$	249,020
Real Estate - Construction:
Pass	$	10,866	$	73,609	$	24,500	$	9,548	$	-	$	104	$	3,968	$	122,595
Total	$	10,866	$	73,609	$	24,500	$	9,548	$	-	$	104	$	3,968	$	122,595
Real Estate - Commercial Mortgage:
Pass	$	48,981	$	126,785	$	145,264	$	107,176	$	54,565	$	121,379	$	25,938	$	630,088
Special Mention		6,782		199		5,139		216		-		6,819		-		19,155
Substandard		155		434		305		2,384		32		3,037		494		6,841
Total	$	55,918	$	127,418	$	150,708	$	109,776	$	54,597	$	131,235	$	26,432	$	656,084
Real Estate - Residential:
Pass	$	24,620	$	91,383	$	67,070	$	52,706	$	25,740	$	83,396	$	8,215	$	353,130
Special Mention		143		27		128		180		96		350		-		924
Substandard		-		1,134		1,123		566		727		3,126		-		6,676
Total	$	24,763	$	92,544	$	68,321	$	53,452	$	26,563	$	86,872	$	8,215	$	360,730

Real Estate - Home Equity:
Performing	$	72	$	405	$	278	$	867	$	206	$	3,001	$	190,922	$	195,751
Nonperforming		-		-		25		-		-		49		618		692
Total	$	72	$	405	$	303	$	867	$	206	$	3,050	$	191,540	$	196,443
Consumer:
Performing	$	26,670	$	98,981	$	76,080	$	40,469	$	20,286	$	9,047	$	5,704	$	277,237
Nonperforming		-		59		23		103		54		28		11		278
Total	$	26,670	$	99,040	$	76,103	$	40,572	$	20,340	$	9,075	$	5,715	$	277,515