Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Standards Update and Change in Accounting Principle

The following table illustrates the impact of ASC 326 (in thousands):

	As Reported Under		Pre-ASC 326		Impact of ASC 326
	ASC 326		Adoption		Adoption
Gross Loans	$	3,618,825	$	3,616,099	$	2,726
Allowance for Credit Losses	(17,349)		(11,589)		(5,760)
Deferred Tax Assets, net	7,380		6,669		711
Shareholders' Equity	655,648		657,983		(2,335)