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Loans (Tables)
 12 Months Ended
Dec. 31, 2019
Loans and Leases Receivable Disclosure [Abstract]  
Summary Of Loans, Net Of Unearned Fees
Loans are summarized as follows:
Dollars in thousands
 
2019
 
2018
Commercial
 
$
207,138

 
$
194,315

Commercial real estate
 
 

 
 

Owner-occupied
 
276,218

 
266,362

Non-owner occupied
 
629,206

 
564,826

Construction and development
 
 

 
 

Land and land development
 
84,112

 
68,833

Construction
 
37,523

 
24,731

Residential real estate
 
 

 
 

Non-jumbo
 
354,963

 
336,977

Jumbo
 
70,947

 
73,599

Home equity
 
76,568

 
80,910

Mortgage warehouse lines
 
126,237

 
39,140

Consumer
 
36,470

 
32,460

Other
 
14,117

 
12,899

Total loans, net of unearned fees
 
1,913,499

 
1,695,052

Less allowance for loan losses
 
13,074

 
13,047

Loans, net
 
$
1,900,425

 
$
1,682,005
Schedule Of Acquired Loans
The outstanding balance and the recorded investment of acquired loans included in the consolidated balance sheet at December 31, 2019 and 2018 are as follows:
 
 
Acquired Loans
 
 
2019
 
2018
Dollars in thousands
 
Purchased Credit Impaired
 
Purchased Performing
 
Total
 
Purchased Credit Impaired
 
Purchased Performing
 
Total
Outstanding balance
 
$
3,488

 
$
131,745

 
$
135,233

 
$
4,275

 
$
138,167

 
$
142,442

 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
$
—

 
$
3,333

 
$
3,333

 
$
—

 
$
3,934

 
$
3,934

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied
 
—

 
17,416

 
17,416

 
—

 
16,133

 
16,133

Non-owner occupied
 
653

 
12,957

 
13,610

 
1,162

 
23,431

 
24,593

Construction and development
 
 
 
 
 
 
 
 
 
 
 
 
Land and land development
 
—

 
3,031

 
3,031

 
—

 
5,161

 
5,161

Construction
 
—

 
—

 
—

 
—

 
—

 
—

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
 
Non-jumbo
 
1,247

 
83,856

 
85,103

 
1,374

 
77,894

 
79,268

Jumbo
 
944

 
3,055

 
3,999

 
975

 
2,577

 
3,552

Home equity
 
—

 
2,144

 
2,144

 
—

 
2,805

 
2,805

Consumer
 
—

 
4,159

 
4,159

 
—

 
4,630

 
4,630

Other
 
—

 
13

 
13

 
—

 
122

 
122

Total recorded investment
 
$
2,844

 
$
129,964

 
$
132,808

 
$
3,511

 
$
136,687

 
$
140,198
Summary of Change in Accretable Yield PCI Loans
The following table presents a summary of the change in the accretable yield of the purchased credit impaired ("PCI") loan portfolio during 2019 and 2018:
Dollars in thousands
 
2019
 
2018
Accretable yield, January 1
 
$
632

 
$
745

Accretion
 
(63
)
 
(115
)
Reclassification of nonaccretable difference due to improvement in expected cash flows
 
—

 
—

Other changes, net
 
(46
)
 
2

Accretable yield, December 31
 
$
523

 
$
632
Schedule Of Loan Maturities
The following presents loan maturities at December 31, 2019:
 
Within
 
After 1 but
 
After
Dollars in thousands
1 Year
 
within 5 Years
 
5 Years
Commercial
$
101,625

 
$
63,132

 
$
42,381

Commercial real estate
88,846

 
119,993

 
696,585

Construction and development
43,713

 
28,611

 
49,311

Residential real estate
25,830

 
39,072

 
437,576

Mortgage warehouse lines
126,237

 
—

 
—

Consumer
5,247

 
25,849

 
5,374

Other
1,026

 
6,232

 
6,859

 
$
392,524

 
$
282,889

 
$
1,238,086

Loans due after one year with:
 

 
 

 
 

Variable rates
 

 
$
564,490

 
 

Fixed rates
 

 
956,485

 
 

 
 

 
$
1,520,975

 
 
Schedule Of Contractual Aging Of Recorded Investment In Past Due Loans By Class
The following table presents the contractual aging of the recorded investment in past due loans by class as of December 31, 2019 and 2018.
 
At December 31, 2019
 
Past Due
 
 
 
> 90 days and Accruing
Dollars in thousands
30-59 days
 
60-89 days
 
> 90 days
 
Total
 
Current
 
Commercial
$
216

 
$
—

 
$
383

 
$
599

 
$
206,539

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

 
 

Owner-occupied
119

 
137

 
4,035

 
4,291

 
271,927

 
—

Non-owner occupied
879

 
179

 
1,363

 
2,421

 
626,785

 
—

Construction and development
 

 
 

 
 

 
 

 
 

 
 

Land and land development
208

 
28

 
188

 
424

 
83,688

 
—

Construction
—

 
—

 
138

 
138

 
37,385

 
—

Residential mortgage
 

 
 

 
 

 
 

 
 

 
 

Non-jumbo
4,172

 
826

 
1,877

 
6,875

 
348,088

 
—

Jumbo
—

 
—

 
—

 
—

 
70,947

 
—

Home equity
760

 
—

 
223

 
983

 
75,585

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

 
126,237

 
—

Consumer
208

 
86

 
112

 
406

 
36,064

 
42

Other
—

 
—

 
100

 
100

 
14,017

 
—

Total
$
6,562

 
$
1,256

 
$
8,419

 
$
16,237

 
$
1,897,262

 
$
42

 
 
At December 31, 2018
 
Past Due
 
 
 
> 90 days and Accruing
Dollars in thousands
30-59 days
 
60-89 days
 
> 90 days
 
Total
 
Current
 
Commercial
$
254

 
$
51

 
$
483

 
$
788

 
$
193,527

 
$
—

Commercial real estate
 

 
 

 
 

 
 

 
 

 
 

Owner-occupied
—

 
—

 
612

 
612

 
265,750

 
—

Non-owner occupied
156

 
255

 
1,756

 
2,167

 
562,659

 
—

Construction and development
 
 
 

 
 

 
 

 
 

 
 

Land and land development
190

 
4

 
3,174

 
3,368

 
65,465

 
—

Construction
—

 
—

 
—

 
—

 
24,731

 
—

Residential mortgage
 

 
 

 
 

 
 

 
 

 
 

Non-jumbo
4,120

 
2,235

 
3,753

 
10,108

 
326,869

 
—

Jumbo
—

 
—

 
675

 
675

 
72,924

 
—

Home equity
754

 
261

 
181

 
1,196

 
79,714

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

 
39,140

 
—

Consumer
502

 
121

 
125

 
748

 
31,712

 
36

Other
31

 
—

 
—

 
31

 
12,868

 
—

Total
$
6,007

 
$
2,927

 
$
10,759

 
$
19,693

 
$
1,675,359

 
$
36
Schedule of Financing Receivables, Non Accrual Status
Nonaccrual loans:  The following table presents the nonaccrual loans included in the net balance of loans at December 31, 2019 and 2018.
Dollars in thousands
 
2019
 
2018
Commercial
 
$
764

 
$
935

Commercial real estate
 
 

 
 

Owner-occupied
 
4,198

 
1,028

Non-owner occupied
 
1,602

 
2,210

Construction and development
 
 

 
 

Land & land development
 
188

 
3,198

Construction
 
138

 
—

Residential mortgage
 
 

 
 

Non-jumbo
 
4,120

 
6,532

Jumbo
 
—

 
675

Home equity
 
284

 
299

Mortgage warehouse lines
 
—

 
—

Consumer
 
74

 
112

Other
 
100

 
—

Total
 
$
11,468

 
$
14,989
Impaired Financing Receivables
The following tables present loans individually evaluated for impairment at December 31, 2019 and 2018.
 
December 31, 2019
Dollars in thousands
Recorded
Investment
 
Unpaid
Principal Balance
 
Related
Allowance
 
Average
Impaired
Balance
 
Interest Income
Recognized
while impaired
 
 
 
 
 
 
 
 
 
 
Without a related allowance
 
 
 
 
 
 
 
 
 
Commercial
$
403

 
$
403

 
$
—

 
$
467

 
$
21

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
7,223

 
7,224

 
—

 
7,534

 
224

Non-owner occupied
8,514

 
8,515

 
—

 
9,389

 
495

Construction and development
 

 
 

 
 

 
 

 
 

Land & land development
945

 
945

 
—

 
1,143

 
65

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
3,387

 
3,393

 
—

 
3,787

 
217

Jumbo
3,980

 
3,979

 
—

 
4,017

 
210

Home equity
523

 
523

 
—

 
523

 
27

Mortgage warehouse lines
—

 
—

 
—

 
—

 
—

Consumer
13

 
13

 
—

 
14

 
2

Total without a related allowance
$
24,988

 
$
24,995

 
$
—

 
$
26,874

 
$
1,261

 
 
 
 
 
 
 
 
 
 
With a related allowance
 

 
 

 
 

 
 

 
 

Commercial
$
4,882

 
$
4,882

 
$
51

 
$
4,786

 
$
274

Commercial real estate
 

 
 

 
 

 
 
 
 

Owner-occupied
3,862

 
3,866

 
409

 
3,893

 
113

Non-owner occupied
540

 
544

 
113

 
535

 
5

Construction and development
 

 
 

 
 

 
 

 
 

Land & land development
1,015

 
1,015

 
589

 
1,030

 
51

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
1,876

 
1,874

 
173

 
2,112

 
59

Jumbo
—

 
—

 
—

 
—

 
—

Home equity
—

 
—

 
—

 
—

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

 
—

Consumer
—

 
—

 
—

 
—

 
—

Total with a related allowance
$
12,175

 
$
12,181

 
$
1,335

 
$
12,356

 
$
502

 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Commercial
$
27,384

 
$
27,394

 
$
1,162

 
$
28,777

 
$
1,248

Residential real estate
9,766

 
9,769

 
173

 
10,439

 
513

Consumer
13

 
13

 
—

 
14

 
2

Total
$
37,163

 
$
37,176

 
$
1,335

 
$
39,230

 
$
1,763


The above table does not include PCI loans.



 
December 31, 2018
Dollars in thousands
Recorded
Investment
 
Unpaid
Principal Balance
 
Related
Allowance
 
Average
Impaired
Balance
 
Interest Income
Recognized
while impaired
 
 
 
 
 
 
 
 
 
 
Without a related allowance
 
 
 
 
 
 
 
 
 
Commercial
$
1,019

 
$
1,253

 
$
—

 
$
321

 
$
16

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
8,600

 
8,605

 
—

 
7,730

 
318

Non-owner occupied
9,666

 
9,673

 
—

 
9,753

 
493

Construction and development
 
 
 

 
 

 
 

 
 

Land & land development
4,767

 
4,767

 
—

 
4,947

 
102

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
3,279

 
3,284

 
—

 
3,401

 
180

Jumbo
4,132

 
4,130

 
—

 
3,517

 
166

Home equity
523

 
523

 
—

 
523

 
30

Mortgage warehouse lines
—

 
—

 
—

 
—

 
—

Consumer
9

 
10

 
—

 
13

 
1

Total without a related allowance
$
31,995

 
$
32,245

 
$
—

 
$
30,205

 
$
1,306

 
 
 
 
 
 
 
 
 
 
With a related allowance
 

 
 

 
 

 
 

 
 

Commercial
$
3,343

 
$
3,342

 
$
682

 
$
705

 
$
39

Commercial real estate
 

 
 

 
 

 
 

 
 

Owner-occupied
2,969

 
2,969

 
462

 
2,397

 
117

Non-owner occupied
189

 
191

 
9

 
226

 
16

Construction and development
 
 
 

 
 

 
 

 
 

Land & land development
1,057

 
1,057

 
298

 
1,073

 
56

Construction
—

 
—

 
—

 
—

 
—

Residential real estate
 

 
 

 
 

 
 

 
 

Non-jumbo
2,982

 
2,981

 
585

 
2,539

 
98

Jumbo
821

 
822

 
106

 
827

 
48

Home equity
—

 
—

 
—

 
—

 
—

Mortgage warehouse lines
—

 
—

 
—

 
—

 
—

Consumer
—

 
—

 
—

 
—

 
—

Total with a related allowance
$
11,361

 
$
11,362

 
$
2,142

 
$
7,767

 
$
374

 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Commercial
$
31,610

 
$
31,857

 
$
1,451

 
$
27,152

 
$
1,157

Residential real estate
11,737

 
11,740

 
691

 
10,807

 
522

Consumer
9

 
10

 
—

 
13

 
1

Total
$
43,356

 
$
43,607

 
$
2,142

 
$
37,972

 
$
1,680
Troubled Debt Restructurings on Financing Receivables
All TDRs are evaluated individually for allowance for loan loss purposes.
 
2019
 
2018
Dollars in thousands
Number of
Modifications
 
Pre-modification
Recorded
Investment
 
Post-modification
Recorded
Investment
 
Number of
Modifications
 
Pre-modification
Recorded
Investment
 
Post-modification
Recorded
Investment
Commercial
—

 
$
—

 
$
—

 
2

 
$
157

 
$
157

Commercial real estate
 
 
 
 
 
 
 
 
 
 
 
Owner-occupied
1

 
325

 
325

 
—

 
—

 
—

Non-owner occupied
4

 
324

 
324

 
2

 
183

 
183

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
Non-jumbo
7

 
410

 
410

 
8

 
899

 
899

Consumer
1

 
15

 
15

 
—

 
—

 
—

Total
13

 
$
1,074

 
$
1,074

 
12

 
$
1,239

 
$
1,239
Schedule Of Defaults During Stated Period Of Trouble Debt Restructurings
For purposes of these tables, a default is considered as either the loan was past due 30 days or more at any time during the period, or the loan was fully or partially charged off during the period. 
 
2019
 
2018
Dollars in thousands
Number
of
Defaults
 
Recorded
Investment
at Default Date
 
Number
of
Defaults
 
Recorded
Investment
at Default Date
Commercial
—

 
$
—

 
2

 
$
157

Commercial real estate


 


 


 


Non-owner occupied
2

 
178

 
—

 
—

Residential real estate


 


 


 


Non-jumbo
3

 
174

 
7

 
847

Total
5

 
$
352

 
9

 
$
1,004
Schedule of the Activity Regarding TDRs by Loan Type
The following table details the activity regarding TDRs by loan type during 2019 and the related allowance on TDRs.
2019
 
Construction & Land Development
 
 
 
Commercial Real Estate
 
Residential Real Estate
 
 
 
 
 
 
 
 
Dollars in thousands
Land &
Land
Develop-
ment
 
Construc-
tion
 
Commer-
cial
 
Owner
Occupied
 
Non-
Owner
Occupied
 
Non-
jumbo
 
Jumbo
 
Home
Equity
 
Mortgage Warehouse Lines
 
Con-
sumer
 
Other
 
Total
Troubled debt restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance January 1, 2019
$
2,654

 
$
—

 
$
273

 
$
9,365

 
$
5,404

 
$
4,490

 
$
4,278

 
$
523

 
$
—

 
$
10

 
$
—

 
$
26,997

Additions
—

 
—

 
—

 
325

 
324

 
410

 
—

 
—

 
—

 
15

 
—

 
1,074

Charge-offs
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net (paydowns) advances
(694
)
 
—

 
(71
)
 
(204
)
 
(203
)
 
(287
)
 
(924
)
 
—

 
—

 
(12
)
 
—

 
(2,395
)
Transfer into foreclosed properties
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Refinance out of TDR status
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Balance, December 31, 2019
$
1,960

 
$
—

 
$
202

 
$
9,486

 
$
5,525

 
$
4,613

 
$
3,354

 
$
523

 
$
—

 
$
13

 
$
—

 
$
25,676

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance related to troubled debt restructurings
$
589

 
$
—

 
$
4

 
$
245

 
$
—

 
$
163

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
1,001
Financing Receivable Credit Quality Indicators
The following table presents the recorded investment in construction and development, commercial and commercial real estate loans which are generally evaluated based upon our internal risk ratings defined above.
Loan Risk Profile by Internal Risk Rating
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and Development
 
 
 
 
 
Commercial Real Estate
 
 
 
 
 
Land and Land Development
 
Construction
 
Commercial
 
Owner Occupied
 
Non-Owner Occupied
 
Mortgage Warehouse Lines
Dollars in thousands
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Pass
$
82,317

 
$
63,743

 
$
37,385

 
$
24,589

 
$
200,313

 
$
182,651

 
$
269,357

 
$
259,360

 
$
622,857

 
$
556,609

 
$
126,237

 
$
39,140

OLEM (Special Mention)
454

 
472

 
138

 
142

 
1,052

 
6,748

 
2,184

 
1,864

 
1,876

 
1,554

 
—

 
—

Substandard
1,341

 
4,618

 
—

 
—

 
5,773

 
4,916

 
4,677

 
5,138

 
4,473

 
6,663

 
—

 
—

Doubtful
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Loss
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
84,112

 
$
68,833

 
$
37,523

 
$
24,731

 
$
207,138

 
$
194,315

 
$
276,218

 
$
266,362

 
$
629,206

 
$
564,826

 
$
126,237

 
$
39,140
Schedule Of Recorded Investment Evaluated Based On Aging Status Of Loans And Payment Activity
The following table presents the recorded investment in consumer, residential real estate and home equity loans, which are generally evaluated based on the aging status of the loans, which was previously presented, and payment activity.
 
Performing
 
Nonperforming
Dollars in thousands
2019
 
2018
 
2019
 
2018
Residential real estate
 
 
 
 
 
 
 
Non-jumbo
$
350,843

 
$
330,445

 
$
4,120

 
$
6,532

Jumbo
70,947

 
72,924

 
—

 
675

Home Equity
76,284

 
80,611

 
284

 
299

Consumer
36,354

 
32,312

 
116

 
148

Other
14,017

 
12,899

 
100

 
—

Total
$
548,445

 
$
529,191

 
$
4,620

 
$
7,654
Schedule of Related Party Loans Aggregating $60,000 or More
The following presents the activity with respect to related party loans aggregating $60,000 or more to any one related party (other changes represent additions to and changes in director and executive officer status):
Dollars in thousands
2019
 
2018
Balance, beginning
$
43,899

 
$
45,698

Additions
37,947

 
6,750

Amounts collected
(30,203
)
 
(6,992
)
Other changes, net
(351
)
 
(1,557
)
Balance, ending
$
51,292

 
$
43,899