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Loans (Tables)
 12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Schedule of loans, excluding loans held for sale
Loans, excluding loans held for sale, at December 31, 2018 and 2017 were comprised of the following (dollars in thousands):
 
December 31,
 
2018
 
2017
Commercial
$
285,972

 
$
251,666

Commercial real estate:
 

 
 

Construction and land development
97,240

 
123,147

Commercial real estate
655,800

 
637,701

Residential real estate:
 

 
 

Residential
209,438

 
209,326

Home equity
103,933

 
109,857

Consumer
5,093

 
4,428

Total loans
$
1,357,476

 
$
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 ASC 310-30 loans, included in the consolidated balance sheets at December 31, 2018 and 2017 are as follows (dollars in thousands):
 
2018
 
2017
Outstanding principal balance
$
63,619

 
$
79,523

Carrying amount
58,886

 
73,796

The outstanding principal balance and related carrying amount of purchased credit impaired loans, for which the Company applies ASC 310-30 to account for interest earned, at December 31, 2018 and 2017 are as follows (dollars in thousands):
 
2018
 
2017
Outstanding principal balance
$
24,500

 
$
27,876

Carrying amount
20,611

 
23,430
Schedule of changes in the accretable discount on acquired loans
The following table presents changes in the accretable yield on purchased credit impaired loans, for which the Company applies ASC 310-30, for the years ended December 31, 2018, 2017, and 2016 (dollars in thousands):
 
2018
 
2017
 
2016
Balance at January 1
$
4,890

 
$
6,103

 
$
7,299

Accretion
(2,362
)
 
(3,117
)
 
(3,232
)
Reclassification from nonaccretable difference
956

 
1,006

 
2,197

Other changes, net
1,149

 
898

 
(161
)
Balance at December 31
$
4,633

 
$
4,890

 
$
6,103
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 December 31, 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
$
20

 
$
—

 
$
—

 
$
83

 
$
103

 
$
285,869

 
$
285,972

Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
27

 
27

 
97,213

 
97,240

Commercial real estate
42

 
—

 
—

 
197

 
239

 
655,561

 
655,800

Residential:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential
456

 
157

 
72

 
659

 
1,344

 
208,094

 
209,438

Home equity
126

 
—

 
—

 
124

 
250

 
103,683

 
103,933

Consumer
21

 
3

 
—

 
—

 
24

 
5,069

 
5,093

Total
$
665

 
$
160

 
$
72

 
$
1,090

 
$
1,987

 
$
1,355,489

 
$
1,357,476

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, 2018 (dollars in thousands):
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial
$
28

 
$
28

 
$
—

 
$
44

 
$
14

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
—

 
—

Commercial real estate
376

 
373

 
—

 
542

 
36

Residential:
 

 
 

 
 

 
 

 
 

Residential
646

 
646

 
—

 
875

 
29

Home equity
49

 
49

 
—

 
108

 
10

Consumer
—

 
—

 
—

 
2

 
—

 
$
1,099

 
$
1,096

 
$
—

 
$
1,571

 
$
89

With a related allowance recorded:
 

 
 

 
 

 
 

 
 

Commercial
$
62

 
$
58

 
$
55

 
$
354

 
$
40

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development*
—

 
—

 
—

 
21

 
—

Commercial real estate*
—

 
—

 
—

 
18

 
—

Residential
 

 
 

 
 

 
 

 
 

Residential
173

 
173

 
9

 
342

 
9

Home equity*
—

 
—

 
—

 
128

 
1

Consumer*
—

 
—

 
—

 
—

 
—

 
$
235

 
$
231

 
$
64

 
$
863

 
$
50

Total:
 

 
 

 
 

 
 

 
 

Commercial
$
90

 
$
86

 
$
55

 
$
398

 
$
54

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
21

 
—

Commercial real estate
376

 
373

 
—

 
560

 
36

Residential:
 

 
 

 
 

 
 

 
 

Residential
819

 
819

 
9

 
1,217

 
38

Home equity
49

 
49

 
—

 
236

 
11

Consumer
—

 
—

 
—

 
2

 
—

 
$
1,334

 
$
1,327

 
$
64

 
$
2,434

 
$
139

______________________
*Allowance is reported as zero in the table due to presentation in thousands and rounding.
In the table above, recorded investment may exceed unpaid principal balance due to acquired loans with a premium and loans with unearned costs that exceed unearned fees.
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.
Schedule of detail of loans modified as troubled debt restructurings
The following table shows the detail of loans modified as TDRs during the year ended December 31, 2018, 2017, and 2016, included in the impaired loan balances (dollars in thousands):
 
Loans Modified as TDRs for the Year Ended December 31, 2018
 
Number of
Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
—

 
$
—

 
$
—

Commercial real estate
—

 
—

 
—

Home equity
—

 
—

 
—

Residential real estate
1

 
11

 
11

Consumer
—

 
—

 
—

Total
1

 
$
11

 
$
11

 
Loans Modified as TDRs for the Year Ended December 31, 2017
 
Number of
Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
5

 
$
212

 
$
212

Commercial real estate
—

 
—

 
—

Home equity
2

 
57

 
57

Residential real estate
1

 
36

 
36

Consumer
—

 
—

 
—

Total
8

 
$
305

 
$
305

 
Loans Modified as TDRs for the Year Ended December 31, 2016
 
Number of
Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
2

 
$
24

 
$
24

Commercial real estate
2

 
1,005

 
1,003

Home equity
—

 
—

 
—

Residential real estate
4

 
322

 
312

Consumer
—

 
—

 
—

Total
8

 
$
1,351

 
$
1,339
Schedule of primary reason for troubled debt modifications
The following table summarizes the primary reason certain loan modifications were classified as TDRs and includes newly designated TDRs as well as modifications made to existing TDRs. Rate modifications include TDRs made with below market interest rates that also include modifications of loan structures (dollars in thousands):
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
Type of Modification
 
ALLL
 
Type of Modification
 
ALLL
 
Type of Modification
 
ALLL
 
Rate
 
Structure
 
Impact
 
Rate
 
Structure
 
Impact
 
Rate
 
Structure
 
Impact
Commercial
$
—

 
$
—

 
$
—

 
$
—

 
$
212

 
$
137

 
$
—

 
$
24

 
$
—

Commercial real estate
—

 
—

 
—

 
—

 
—

 
—

 
—

 
1,003

 
—

Home equity
—

 
—

 
—

 
—

 
57

 
1

 
—

 
—

 
—

Residential real estate
—

 
11

 
—

 
—

 
36

 
—

 
—

 
312

 
1

Consumer
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
—

 
$
11

 
$
—

 
$
—

 
$
305

 
$
138

 
$
—

 
$
1,339

 
$
1
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 December 31, 2018 (dollars in thousands):
Commercial and Consumer Credit Exposure
Credit Risk Profile by Internally Assigned Grade
 
Commercial
 
Construction and Land Development
 
Commercial Real Estate
 
Residential Real Estate
 
Home Equity
Pass
$
285,092

 
$
93,000

 
$
647,519

 
$
204,261

 
$
103,541

Special Mention
154

 
1,840

 
4,403

 
1,685

 
—

Substandard
726

 
2,400

 
3,878

 
3,492

 
392

Doubtful
—

 
—

 
—

 
—

 
—

Total
$
285,972

 
$
97,240

 
$
655,800

 
$
209,438

 
$
103,933

Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
 
Consumer
Performing
$
5,093

Nonperforming
—

Total
$
5,093

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
 
Residential Real Estate
 
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