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Loans (Tables)
 9 Months Ended
Sep. 30, 2018
Receivables [Abstract]  
Schedule of loans, excluding loans held for sale
Loans, excluding loans held for sale, at September 30, 2018 and December 31, 2017, were comprised of the following (dollars in thousands):
 
September 30, 2018
 
December 31, 2017
Commercial
$
284,176

 
$
251,666

Commercial real estate:
 

 
 

Construction and land development
99,546

 
123,147

Commercial real estate
632,022

 
637,701

Residential real estate:
 

 
 

Residential
205,277

 
209,326

Home equity
104,873

 
109,857

Consumer
5,259

 
4,428

Total loans
$
1,331,153

 
$
1,336,125
Schedule stating outstanding principal balance and the carrying amount of loan acquired
The outstanding principal balance and the carrying amount of these loans, including FASB Accounting Standards Codification ("ASC") 310-30, included in the consolidated balance sheets at September 30, 2018 and December 31, 2017 are as follows (dollars in thousands):
 
September 30, 2018
 
December 31, 2017
Outstanding principal balance
$
66,544

 
$
79,523

Carrying amount
61,537

 
73,796

The outstanding principal balance and related carrying amount of acquired impaired loans, for which the Company applies ASC 310-30 to account for interest earned, as of the indicated dates are as follows (dollars in thousands):
 
September 30, 2018
 
December 31, 2017
Outstanding principal balance
$
25,285

 
$
27,876

Carrying amount
21,221

 
23,430
Schedule of changes in the accretable yield on acquired impaired loans
The following table presents changes in the accretable yield on acquired impaired loans, for which the Company applies FASB ASC 310-30, for the nine months ended September 30, 2018 and the year ended December 31, 2017 (dollars in thousands):
 
September 30, 2018
 
December 31, 2017
Balance at January 1
$
4,890

 
$
6,103

Accretion
(1,816
)
 
(3,117
)
Reclassification from nonaccretable difference
769

 
1,006

Other changes, net*
715

 
898

 
$
4,558

 
$
4,890


* This line item represents changes in the cash flows expected to be collected due to the impact of non-credit changes such as prepayment assumptions, changes in interest rates on variable rate acquired impaired loans, and discounted payoffs that occurred in the period.
Schedule of analysis by portfolio segment of the entity's past due loans
The following table shows an analysis by portfolio segment of the Company's past due loans at September 30, 2018 (dollars in thousands):
 
30- 59 Days
Past Due
 
60-89 Days
Past Due
 
90 Days +
Past Due
and Still
Accruing
 
Non-
Accrual
Loans
 
Total
Past
Due
 
Current
 
Total
Loans
Commercial
$
7

 
$
—

 
$
—

 
$
1,054

 
$
1,061

 
$
283,115

 
$
284,176

Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
30

 
30

 
99,516

 
99,546

Commercial real estate
45

 
—

 
—

 
215

 
260

 
631,762

 
632,022

Residential:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential
69

 
427

 
74

 
795

 
1,365

 
203,912

 
205,277

Home equity
129

 
—

 
—

 
144

 
273

 
104,600

 
104,873

Consumer
15

 
—

 
—

 
—

 
15

 
5,244

 
5,259

Total
$
265

 
$
427

 
$
74

 
$
2,238

 
$
3,004

 
$
1,328,149

 
$
1,331,153

The following table shows an analysis by portfolio segment of the Company's past due loans at December 31, 2017 (dollars in thousands):
 
30- 59 Days
Past Due
 
60-89 Days
Past Due
 
90 Days +
Past Due
and Still
Accruing
 
Non-
Accrual
Loans
 
Total
Past
Due
 
Current
 
Total
Loans
Commercial
$
92

 
$
—

 
$
—

 
$
90

 
$
182

 
$
251,484

 
$
251,666

Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
36

 
36

 
123,111

 
123,147

Commercial real estate
86

 
—

 
280

 
489

 
855

 
636,846

 
637,701

Residential:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential
282

 
71

 
79

 
1,343

 
1,775

 
207,551

 
209,326

Home equity
141

 
16

 
—

 
243

 
400

 
109,457

 
109,857

Consumer
21

 
5

 
—

 
—

 
26

 
4,402

 
4,428

Total
$
622

 
$
92

 
$
359

 
$
2,201

 
$
3,274

 
$
1,332,851

 
$
1,336,125
Schedule of impaired loan balances by portfolio segment
The following table presents the Company's impaired loan balances by portfolio segment, excluding acquired impaired loans, at December 31, 2017 (dollars in thousands):
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial
$
4

 
$
4

 
$
—

 
$
19

 
$
1

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
56

 
4

Commercial real estate
791

 
789

 
—

 
1,069

 
66

Residential:
 

 
 

 
 

 
 

 
 

Residential
717

 
719

 
—

 
575

 
41

Home equity
142

 
142

 
—

 
109

 
10

Consumer
5

 
5

 
—

 
6

 
1

 
$
1,659

 
$
1,659

 
$
—

 
$
1,834

 
$
123

With a related allowance recorded:
 

 
 

 
 

 
 

 
 

Commercial
$
202

 
$
201

 
$
154

 
$
150

 
$
16

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development*
37

 
37

 
—

 
56

 
—

Commercial real estate*
34

 
32

 
—

 
126

 
11

Residential:
 

 
 

 
 

 
 

 
 

Residential
1,022

 
1,022

 
12

 
1,174

 
27

Home equity
263

 
261

 
1

 
251

 
1

Consumer*
—

 
—

 
—

 
5

 
—

 
$
1,558

 
$
1,553

 
$
167

 
$
1,762

 
$
55

Total:
 

 
 

 
 

 
 

 
 

Commercial
$
206

 
$
205

 
$
154

 
$
169

 
$
17

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
37

 
37

 
—

 
112

 
4

Commercial real estate
825

 
821

 
—

 
1,195

 
77

Residential:
 

 
 

 
 

 
 

 
 

Residential
1,739

 
1,741

 
12

 
1,749

 
68

Home equity
405

 
403

 
1

 
360

 
11

Consumer
5

 
5

 
—

 
11

 
1

 
$
3,217

 
$
3,212

 
$
167

 
$
3,596

 
$
178


* Allowance is reported as zero in the table due to presentation in thousands and rounding.
The following table presents the Company's impaired loan balances by portfolio segment, excluding acquired impaired loans, at September 30, 2018 (dollars in thousands):
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial
$
32

 
$
32

 
$
—

 
$
48

 
$
4

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
—

 
—

Commercial real estate
496

 
492

 
—

 
583

 
29

Residential:
 

 
 

 
 

 
 

 
 

Residential
658

 
658

 
—

 
932

 
21

Home equity
51

 
51

 
—

 
123

 
9

Consumer
—

 
—

 
—

 
2

 
—

 
$
1,237

 
$
1,233

 
$
—

 
$
1,688

 
$
63

With a related allowance recorded:
 

 
 

 
 

 
 

 
 

Commercial
$
1,002

 
$
1,000

 
$
791

 
$
427

 
$
49

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development*
—

 
—

 
—

 
26

 
—

Commercial real estate*
—

 
—

 
—

 
23

 
—

Residential
 

 
 

 
 

 
 

 
 

Residential
176

 
176

 
9

 
384

 
7

Home equity*
—

 
—

 
—

 
160

 
1

Consumer*
—

 
—

 
—

 
—

 
—

 
$
1,178

 
$
1,176

 
$
800

 
$
1,020

 
$
57

Total:
 

 
 

 
 

 
 

 
 

Commercial
$
1,034

 
$
1,032

 
$
791

 
$
475

 
$
53

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
26

 
—

Commercial real estate
496

 
492

 
—

 
606

 
29

Residential:
 

 
 

 
 

 
 

 
 

Residential
834

 
834

 
9

 
1,316

 
28

Home equity
51

 
51

 
—

 
283

 
10

Consumer
—

 
—

 
—

 
2

 
—

 
$
2,415

 
$
2,409

 
$
800

 
$
2,708

 
$
120

* Allowance is reported as zero in the table due to presentation in thousands and rounding.
Schedule of detail of loans modified as troubled debt restructurings
The following tables show the detail of loans modified as troubled debt restructurings ("TDRs") during the three and nine months ended September 30, 2018 included in the impaired loan balances (dollars in thousands):
 
 
Loans Modified as a TDR for the
 
 
Three Months Ended September 30, 2018
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
—

 
$
—

 
$
—

Commercial real estate
 
—

 
—

 
—

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
—

 
—

 
—

Consumer
 
—

 
—

 
—

Total
 
—

 
$
—

 
$
—

 
 
Loans Modified as a TDR for the
 
 
Nine Months Ended September 30, 2018
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
—

 
$
—

 
$
—

Commercial real estate
 
—

 
—

 
—

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
1

 
11

 
11

Consumer
 
—

 
—

 
—

Total
 
1

 
$
11

 
$
11

The following tables show the detail of loans modified as TDRs during the three and nine months ended September 30, 2017 included in the impaired loan balances (dollars in thousands):
 
 
Loans Modified as a TDR for the
 
 
Three Months Ended September 30, 2017
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
1

 
$
45

 
$
45

Commercial real estate
 
—

 
—

 
—

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
—

 
—

 
—

Consumer
 
—

 
—

 
—

Total
 
1

 
$
45

 
$
45

 
 
Loans Modified as a TDR for the
 
 
Nine Months Ended September 30, 2017
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
4

 
$
118

 
$
118

Commercial real estate
 
—

 
—

 
—

Construction and land development
 
—

 
—

 
—

Home Equity
 
2

 
57

 
57

Residential real estate
 
—

 
—

 
—

Consumer
 
—

 
—

 
—

Total
 
6

 
$
175

 
$
175
Schedule of commercial loan portfolio broken down by internal risk grading
The following table shows the Company's loan portfolio broken down by internal risk grading as of September 30, 2018 (dollars in thousands):
Commercial and Consumer Credit Exposure
Credit Risk Profile by Internally Assigned Grade
 
Commercial
 
Construction and Land Development
 
Commercial
Real Estate
Other
 
Residential
 
Home
Equity
Pass
$
281,211

 
$
95,662

 
$
623,317

 
$
199,205

 
$
104,313

Special Mention
1,588

 
1,870

 
4,333

 
2,046

 
—

Substandard
1,377

 
2,014

 
4,372

 
4,026

 
560

Doubtful
—

 
—

 
—

 
—

 
—

Total
$
284,176

 
$
99,546

 
$
632,022

 
$
205,277

 
$
104,873

Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
 
Consumer
Performing
$
5,259

Nonperforming
—

Total
$
5,259

 
The following table shows the Company's loan portfolio broken down by internal risk grading as of December 31, 2017 (dollars in thousands):
Commercial and Consumer Credit Exposure
Credit Risk Profile by Internally Assigned Grade
 
Commercial
 
Construction and Land Development
 
Commercial
Real Estate
Other
 
Residential
 
Home
Equity
Pass
$
248,714

 
$
114,502

 
$
625,861

 
$
200,405

 
$
107,705

Special Mention
1,763

 
7,114

 
6,914

 
4,438

 
1,325

Substandard
1,189

 
1,531

 
4,926

 
4,483

 
827

Doubtful
—

 
—

 
—

 
—

 
—

Total
$
251,666

 
$
123,147

 
$
637,701

 
$
209,326

 
$
109,857

Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
 
Consumer
Performing
$
4,415

Nonperforming
13

Total
$
4,428