Allowance for Credit Losses on Loans

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Allowance for Credit Losses on Loans

Allowance for Credit Losses on Loans

Adoption of ASC 326

Effective January 1, 2020, the Corporation adopted the provisions of ASC 326 using the modified retrospective method. Therefore, prior period comparative information has not been adjusted and continues to be reported under the GAAP in effect prior to the adoption of ASC 326.

The following table presents the activity in the ACL on loans for the year ended December 31, 2021:

(Dollars in thousands)	Commercial				Consumer
	CRE	C&I	Total Commercial	Residential Real Estate	Home Equity	Other	Total Consumer	Total
Beginning Balance	$22,065	$12,228	$34,293	$8,042	$1,300	$471	$1,771	$44,106
Charge-offs	—	(307)	(307)	(107)	(183)	(66)	(249)	(663)
Recoveries	—	41	41	89	91	25	116	246
Provision	(3,132)	(1,130)	(4,262)	(164)	(139)	(36)	(175)	(4,601)
Ending Balance	$18,933	$10,832	$29,765	$7,860	$1,069	$394	$1,463	$39,088

The following table presents the activity in the allowance for loan losses for the year ended December 31, 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 ASC 326	3,405	3,029	6,434	221	(106)	(48)	(154)	6,501
Charge-offs	(356)	(586)	(942)	(99)	(224)	(52)	(276)	(1,317)
Recoveries	51	24	75	20	52	25	77	172
Provision	4,224	5,840	10,064	1,285	188	199	387	11,736
Ending Balance	$22,065	$12,228	$34,293	$8,042	$1,300	$471	$1,771	$44,106

The following table presents the activity in the allowance for loan losses for the year ended December 31, 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	(1,028)	(21)	(1,049)	(486)	(390)	(95)	(485)	(2,020)
Recoveries	125	168	293	—	72	22	94	387
Provision	263	(2,073)	(1,810)	3,114	105	166	271	1,575
Ending Balance	$14,741	$3,921	$18,662	$6,615	$1,390	$347	$1,737	$27,014