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Allowance for Credit Losses on Loans (Tables)
 6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Allowance for Credit Losses on Loans Rollforward
The following table presents the activity in the ACL on loans for the three months ended June 30, 2020:
(Dollars in thousands)
Commercial
 
 
Consumer
 
 
 
CRE
C&I
Total Commercial
Residential Real Estate
Home Equity
Other
Total Consumer
Total
Beginning Balance

$19,736


$10,331


$30,067


$7,729


$1,435


$434


$1,869


$39,665

Charge-offs
(19
)
(289
)
(308
)
—

(1
)
(17
)
(18
)
(326
)
Recoveries
—

5

5

—

6

7

13

18

Provision
566

1,231

1,797

324

(46
)
9

(37
)
2,084

Ending Balance

$20,283


$11,278


$31,561


$8,053


$1,394


$433


$1,827


$41,441



The following table presents the activity in the ACL on loans for the six months ended June 30, 2020:
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Commercial
 
 
Consumer
 
 
 
CRE
C&I
Total Commercial
Residential Real Estate
Home Equity
Other
Total Consumer
Total
Beginning Balance

$14,741


$3,921


$18,662


$6,615


$1,390


$347


$1,737


$27,014

Adoption of Topic 326 (1)
3,405

3,029

6,434

221

(106
)
(48
)
(154
)
6,501

Charge-offs
(172
)
(583
)
(755
)
—

(174
)
(32
)
(206
)
(961
)
Recoveries
—

9

9

—

7

14

21

30

Provision
2,309

4,902

7,211

1,217

277

152

429

8,857

Ending Balance

$20,283


$11,278


$31,561


$8,053


$1,394


$433


$1,827


$41,441

(1)
Adoption of the CECL accounting standard effective January 1, 2020.

For the accounting policy on the allowance for loan losses that was in effect prior to the adoption of Topic 326, see Note 1 to our Annual Report on Form 10-K for the fiscal year ended December 31, 2019.

The following table presents the activity in the allowance for loan losses for the three months ended June 30, 2019:
(Dollars in thousands)
Commercial
 
 
Consumer
 
 
 
CRE
C&I
Total Commercial
Residential Real Estate
Home Equity
Other
Total Consumer
Total
Beginning Balance

$17,191


$4,498


$21,689


$4,009


$1,589


$357


$1,946


$27,644

Charge-offs
—

(4
)
(4
)
(486
)
(311
)
(18
)
(329
)
(819
)
Recoveries
—

20

20

—

22

6

28

48

Provision
(309
)
(61
)
(370
)
1,334

(387
)
(52
)
(439
)
525

Ending Balance

$16,882


$4,453


$21,335


$4,857


$913


$293


$1,206


$27,398


The following table presents the activity in the allowance for loan losses for the six months ended June 30, 2019:
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Commercial
 
 
Consumer
 
 
 
CRE
C&I
Total Commercial
Residential Real Estate
Home Equity
Other
Total Consumer
Total
Beginning Balance

$15,381


$5,847


$21,228


$3,987


$1,603


$254


$1,857


$27,072

Charge-offs
—

(18
)
(18
)
(486
)
(372
)
(46
)
(418
)
(922
)
Recoveries
—

28

28

—

35

10

45

73

Provision
1,501

(1,404
)
97

1,356

(353
)
75

(278
)
1,175

Ending Balance

$16,882


$4,453


$21,335


$4,857


$913


$293


$1,206


$27,398
Schedule of Allowance for Loan Loss by Segment & Impairment Methodology
The following table presents the Corporation’s loan portfolio and associated allowance for loan losses by portfolio segment and by impairment methodology as of December 31, 2019:
(Dollars in thousands)
Loans
 
Related Allowance
Loans Individually Analyzed for Credit Losses
 
 
 
Commercial:
 
 
 
Commercial real estate

$603

 

$—

Commercial & industrial
657

 
580

Total commercial
1,260

 
580

Residential Real Estate:
 
 
 
Residential real estate
14,654

 
95

Consumer:
 
 
 
Home equity
1,763

 
291

Other
106

 
2

Total consumer
1,869

 
293

Subtotal
17,783

 
968

Loans Collectively Evaluated for Credit Losses
 
 
 
Commercial:
 
 
 
Commercial real estate
1,546,969

 
14,741

Commercial & industrial
584,632

 
3,341

Total commercial
2,131,601

 
18,082

Residential Real Estate:
 
 
 
Residential real estate
1,434,436

 
6,520

Consumer:
 
 
 
Home equity
289,111

 
1,099

Other
20,068

 
345

Total consumer
309,179

 
1,444

Subtotal
3,875,216

 
26,046

Total

$3,892,999

 

$27,014