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LOANS RECEIVABLE AND THE ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2020

Loans, Collateral Dependent [Table Text Block]

The following table provides the amortized cost basis of collateral-dependent loans as of March 31, 2020 (in thousands). Our collateral dependent loans presented in the table below have no significant concentrations by property type or location. The table below includes one commercial banking relationship with a balance of $14.7 million.



	March 31, 2020
	Real Estate		Accounts Receivable		Equipment		Inventory		Total
Commercial real estate:
Owner-occupied	$	1,838	$	—	$	—	$	—	$	1,838
Investment properties	3,421		—		—		—		3,421
Small Balance CRE	1,367		—		—		—		1,367
Multifamily real estate	—		—		—		—		—
Construction, land and land development:
Commercial construction	—		—		—		—		—
Multifamily construction	—		—		—		—		—
One- to four-family construction	964		—		—		—		964
Land and land development	—		—		—		—		—
Commercial business
Commercial business	2,851		11,344		4,597		1,215		20,007
Small business Scored	48		—		49		—		97
Agricultural business, including secured by farmland	—		—		—		—		—
One- to four-family residential	868		—		—		—		868
Consumer:
Consumer—home equity revolving lines of credit	—		—		—		—		—
Consumer—other	—		—		—		—		—
Total	$	11,357	$	11,344	$	4,646	$	1,215	$	28,562

Schedule of Loans Receivable, Including Loans Held for Sale

at March 31, 2020 and December 31, 2019 by class (dollars in thousands). The presentation of loans receivable at December 31, 2019 has been updated to conform to the loan portfolio segmentation that became effective on January 1, 2020.



	March 31, 2020					December 31, 2019
	Amount			Percent of Total		Amount			Percent of Total
Commercial real estate:
Owner-occupied	$	1,024,089		11.0	%	$	980,021		10.5	%
Investment properties	2,007,537			21.6		2,024,988			21.8
Small balance CRE	591,783			6.4		613,484			6.6
Multifamily real estate	400,206			4.3		388,388			4.2
Construction, land and land development:
Commercial construction	205,476			2.2		210,668			2.3
Multifamily construction	250,410			2.7		233,610			2.5
One- to four-family construction	534,956			5.8		544,308			5.8
Land and land development	232,506			2.5		245,530			2.6
Commercial business:
Commercial business	1,357,817			14.6		1,364,650			14.7
Small business scored	807,539			8.7		772,657			8.3
Agricultural business, including secured by farmland	330,257			3.6		337,271			3.6
One- to four-family residential	881,387			9.5		925,531			9.9
Consumer:
Consumer—home equity revolving lines of credit	521,618			5.6		519,336			5.6
Consumer—other	140,163			1.5		144,915			1.6
Total loans	9,285,744			100.0	%	9,305,357			100.0	%
Less allowance for credit losses - loans	(130,488		)			(100,559		)
Net loans	$	9,155,256				$	9,204,798

The presentation of loans receivable at December 31, 2019 in the table below is based on loan segmentation as presented in the 2019 Form 10-K.



	December 31, 2019
	Amount			Percent of Total
Commercial real estate:
Owner-occupied	$	1,580,650		17.0	%
Investment properties	2,309,221			24.8
Multifamily real estate	473,152			5.1
Commercial construction	210,668			2.3
Multifamily construction	233,610			2.5
One- to four-family construction	544,308			5.8
Land and land development:
Residential	154,688			1.7
Commercial	26,290			0.3
Commercial business	1,693,824			18.2
Agricultural business, including secured by farmland	370,549			4.0
One- to four-family residential	945,622			10.2
Consumer:
Consumer secured by one- to four-family	550,960			5.8
Consumer—other	211,815			2.3
Total loans	9,305,357			100.0	%
Less allowance for loan losses	(100,559		)
Net loans	$	9,204,798

Loan amounts are net of unearned loan fees in excess of unamortized costs of $451,000 as of March 31, 2020 and $438,000 as of December 31, 2019. Net loans include net discounts on acquired loans of $22.2 million and $25.0 million as of March 31, 2020 and December 31, 2019, respectively.

Schedule of Purchased Credit-Impaired Loans, Changes in Accretable Yield

The following table presents the changes in the accretable yield for PCI loans for the three months ended March 31, 2019 (in thousands):



	Three Months Ended March 31,
	2019
Balance, beginning of period	$	5,216
Accretion to interest income	(493		)
Disposals	—
Reclassifications from non-accretable difference	55
Balance, end of period	$	4,778

Impaired loans excluding purchased credit impaired loans [Table Text Block]

The following table provides information on impaired loans, excluding PCI loans, with and without allowance reserves at December 31, 2019. Recorded investment includes the unpaid principal balance or the carrying amount of loans less charge-offs and net deferred loan fees (in thousands):



	December 31, 2019
	Unpaid Principal Balance		Recorded Investment				Related Allowance
	Unpaid Principal Balance		Without Allowance ⁽¹⁾		With Allowance ⁽²⁾		Related Allowance
Commercial real estate:
Owner-occupied	$	4,185	$	3,816	$	194	$	18
Investment properties	3,536		1,883		690		40
Multifamily real estate	82		85		—		—
Multifamily construction	573		98		—		—
One- to four-family construction	1,799		1,799		—		—
Land and land development:
Residential	676		340		—		—
Commercial business	25,117		4,614		19,330		4,128
Agricultural business/farmland	3,044		661		2,243		141
One- to four-family residential	7,290		5,613		1,648		41
Consumer:
Consumer secured by one- to four-family	3,081		2,712		127		5
Consumer—other	222		159		52		1
	$	49,605	$	21,780	$	24,284	$	4,374


⁽¹⁾	Includes loans without an allowance reserve that had been individually evaluated for impairment and that evaluation concluded that no reserve was needed, and $13.5 million of homogeneous and small balance loans, as of December 31, 2019, that were collectively evaluated for impairment for which a general reserve was established.

⁽²⁾

Loans with a specific allowance reserve were individually evaluated for impairment using either a discounted cash flow analysis or, for collateral dependent loans, current appraisals less costs to sell to establish realizable value.

Schedule of Impaired Loans With and Without Specific Reserves

The following table summarizes our average recorded investment and interest income recognized on impaired loans by loan class for the three months ended March 31, 2019 (in thousands):



	Three Months Ended March 31, 2019
	Average Recorded Investment		Interest Income Recognized
Commercial real estate:
Owner-occupied	$	3,451	$	2
Investment properties	7,227		76
Commercial construction	1,427		—
One- to four-family construction	919		—
Land and land development:
Residential	726		—
Commercial business	3,803		5
Agricultural business/farmland	5,117		27
One- to four-family residential	6,446		65
Consumer:
Consumer secured by one- to four-family	2,063		5
Consumer—other	319		1
	$	31,498	$	181

Schedule of Troubled Debt Restructurings

The following table presents new TDRs that occurred during the three months ended March 31, 2020 and March 31, 2019 (dollars in thousands):



	Three months ended March 31, 2020
	Number of Contracts	Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment
Recorded Investment
Commercial business:
Commercial business	2	4,796		4,796
Total	2	$	4,796	$	4,796


	Three months ended March 31, 2019
	Number of Contracts	Pre- modification Outstanding Recorded Investment		Post- modification Outstanding Recorded Investment
Recorded Investment
Commercial real estate
Investment properties	1	1,090		1,090
	1	$	1,090	$	1,090

Schedule of Risk-Rated Loans and Non-Risk Rated Loans by Grade and Other Characteristics

The following tables present the Company’s portfolio of risk-rated loans by grade as of March 31, 2020 (in thousands). Revolving loans that are converted to term loans are treated as new originations in the table below and are presented by year of origination.



	March 31, 2020
	Term Loans by Year of Origination												Revolving Loans		Total Loans
By class:	2020		2019		2018		2017		2016		Prior		Revolving Loans		Total Loans

Commercial real estate - owner occupied
Risk Rating
Pass	$	86,515	$	209,528	$	171,907	$	133,579	$	109,177	$	280,979	$	7,927	$	999,612
Special Mention	—		2,438		1,369		2,353		—		103		—		6,263
Substandard	—		500		—		5,805		1,295		10,614		—		18,214
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Commercial real estate - owner occupied	$	86,515	$	212,466	$	173,276	$	141,737	$	110,472	$	291,696	$	7,927	$	1,024,089

Commercial real estate - investment properties
Risk Rating
Pass	$	42,548	$	296,128	$	347,941	$	309,865	$	328,239	$	631,602	$	30,284	$	1,986,607
Special Mention	—		3,360		—		—		—		976		—		4,336
Substandard	—		3,934		2,405		—		442		9,813		—		16,594
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Commercial real estate - investment properties	$	42,548	$	303,422	$	350,346	$	309,865	$	328,681	$	642,391	$	30,284	$	2,007,537

Multifamily real estate
Risk Rating
Pass	$	21,907	$	72,099	$	45,457	$	102,668	$	47,554	$	108,743	$	1,778	$	400,206
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Multifamily real estate	$	21,907	$	72,099	$	45,457	$	102,668	$	47,554	$	108,743	$	1,778	$	400,206



	March 31, 2020
	Term Loans by Year of Origination												Revolving Loans		Total Loans
By class:	2020		2019		2018		2017		2016		Prior		Revolving Loans		Total Loans

Commercial construction
Risk Rating
Pass	$	17,290	$	101,679	$	55,535	$	9,326	$	2,231	$	1,599	$	—	$	187,660
Special Mention	—		—		6,197		—		—		—		—		6,197
Substandard	—		11,521		—		—		98		—		—		11,619
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Commercial construction	$	17,290	$	113,200	$	61,732	$	9,326	$	2,329	$	1,599	$	—	$	205,476

Multifamily construction
Risk Rating
Pass	$	39,395	$	115,501	$	76,925	$	12,945	$	—	$	—	$	5,644	$	250,410
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Multifamily construction	$	39,395	$	115,501	$	76,925	$	12,945	$	—	$	—	$	5,644	$	250,410

One- to four- family construction
Risk Rating
Pass	$	143,457	$	357,179	$	11,536	$	—	$	7	$	—	$	5,058	$	517,237
Special Mention	2,254		13,540		—		—		—		—		630		16,424
Substandard	—		1,295		—		—		—		—		—		1,295
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total One- to four- family construction	$	145,711	$	372,014	$	11,536	$	—	$	7	$	—	$	5,688	$	534,956



	March 31, 2020
	Term Loans by Year of Origination												Revolving Loans		Total Loans
By class:	2020		2019		2018		2017		2016		Prior		Revolving Loans		Total Loans

Land and land development
Risk Rating
Pass	$	36,452	$	126,901	$	44,296	$	10,708	$	7,275	$	6,580	$	260	$	232,472
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		34		—		—		—		—		—		34
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Land and land development	$	36,452	$	126,935	$	44,296	$	10,708	$	7,275	$	6,580	$	260	$	232,506

Commercial business
Risk Rating
Pass	$	74,684	$	284,798	$	228,436	$	98,502	$	52,755	$	89,037	$	466,294	$	1,294,506
Special Mention	65		1,314		5,021		1,472		4,846		5,091		8,635		26,444
Substandard	2,904		2,199		7,548		3,934		293		949		19,040		36,867
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Commercial business	$	77,653	$	288,311	$	241,005	$	103,908	$	57,894	$	95,077	$	493,969	$	1,357,817

Agricultural business including secured by farmland
Risk Rating
Pass	$	17,928	$	64,309	$	35,934	$	26,835	$	27,403	$	35,133	$	102,965	$	310,507
Special Mention	—		1,328		—		919		676		1,418		—		4,341
Substandard	625		5,523		5,974		191		62		707		2,327		15,409
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total Agricultural business including secured by farmland	$	18,553	$	71,160	$	41,908	$	27,945	$	28,141	$	37,258	$	105,292	$	330,257

The following table presents the Company’s portfolio of non-risk-rated loans by delinquency status as of March 31, 2020 (in thousands). Revolving loans that are converted to term loans are treated as new originations in the table below and are presented by year of origination.



	March 31, 2020
	Term Loans by Year of Origination												Revolving Loans		Total Loans
By class:	2020		2019		2018		2017		2016		Prior		Revolving Loans		Total Loans

Small balance CRE
Past Due Category
Current	$	3,076	$	72,221	$	91,455	$	75,742	$	80,463	$	265,178	$	1,189	$	589,324
30-59 Days Past Due	—		380		382		—		—		738		—		1,500
60-89 Days Past Due	—		—		—		—		—		396		—		396
90 Days + Past Due	—		—		—		340		—		223		—		563
Total Small balance CRE	$	3,076	$	72,601	$	91,837	$	76,082	$	80,463	$	266,535	$	1,189	$	591,783

Small business scored
Past Due Category
Current	$	49,408	$	176,863	$	161,438	$	115,884	$	60,448	$	85,896	$	151,905	$	801,842
30-59 Days Past Due	31		459		215		977		68		325		466		2,541
60-89 Days Past Due	—		184		150		197		55		—		5		591
90 Days + Past Due	—		243		568		715		610		152		277		2,565
Total Small business scored	$	49,439	$	177,749	$	162,371	$	117,773	$	61,181	$	86,373	$	152,653	$	807,539

One- to four- family residential
Past Due Category
Current	$	10,298	$	119,074	$	141,540	$	156,046	$	77,252	$	357,521	$	4,801	$	866,532
30-59 Days Past Due	559		4,107		639		1,615		264		5,215		—		12,399
60-89 Days Past Due	21		—		—		—		—		82		—		103
90 Days + Past Due	358		—		607		45		—		1,343		—		2,353
Total One- to four- family residential	$	11,236	$	123,181	$	142,786	$	157,706	$	77,516	$	364,161	$	4,801	$	881,387



	March 31, 2020
	Term Loans by Year of Origination												Revolving Loans		Total Loans
By class:	2020		2019		2018		2017		2016		Prior		Revolving Loans		Total Loans

Consumer—home equity revolving lines of credit
Past Due Category
Current	$	14,227	$	2,053	$	1,774	$	2,137	$	1,223	$	3,840	$	493,903	$	519,157
30-59 Days Past Due	—		—		—		—		—		14		664		678
60-89 Days Past Due	—		—		—		—		—		267		—		267
90 Days + Past Due	—		—		—		520		297		158		541		1,516
Total Consumer—home equity revolving lines of credit	$	14,227	$	2,053	$	1,774	$	2,657	$	1,520	$	4,279	$	495,108	$	521,618

Consumer-other
Past Due Category
Current	$	7,199	$	22,156	$	21,985	$	18,571	$	12,885	$	26,316	$	30,214	$	139,326
30-59 Days Past Due	102		21		174		78		100		95		78		648
60-89 Days Past Due	—		30		29		17		—		10		54		140
90 Days + Past Due	—		—		—		—		49		—		—		49
Total Consumer-other	$	7,301	$	22,207	$	22,188	$	18,666	$	13,034	$	26,421	$	30,346	$	140,163

The following tables present the Company’s portfolio of risk-rated loans and non-risk-rated loans by grade or other characteristics as of December 31, 2019 (in thousands):



	December 31, 2019
By class:	Pass (Risk Ratings 1-5)⁽¹⁾		Special Mention		Substandard		Doubtful		Loss		Total Loans
Commercial real estate:
Owner-occupied	$	1,546,649	$	4,198	$	29,803	$	—	$	—	$	1,580,650
Investment properties	2,288,785		2,193		18,243		—		—		2,309,221
Multifamily real estate	472,856		—		296		—		—		473,152
Commercial construction	198,986		—		11,682		—		—		210,668
Multifamily construction	233,610		—		—		—		—		233,610
One- to four-family construction	530,307		12,534		1,467		—		—		544,308
Land and land development:
Residential	154,348		—		340		—		—		154,688
Commercial	26,256		—		34		—		—		26,290
Commercial business	1,627,170		31,012		35,584		58		—		1,693,824
Agricultural business, including secured by farmland	352,408		10,840		7,301		—		—		370,549
One- to four-family residential	940,424		409		4,789		—		—		945,622
Consumer:
Consumer secured by one- to four-family	547,388		—		3,572		—		—		550,960
Consumer—other	211,475		3		337		—		—		211,815
Total	$	9,130,662	$	61,189	$	113,448	$	58	$	—	$	9,305,357

⁽¹⁾

The Pass category includes some performing loans that are part of homogenous pools which are not individually risk-rated. This includes all consumer loans, all one- to four-family residential loans and, as of December 31, 2019, in the commercial business category, $764.6 million of credit-scored small business loans. As loans in these pools become non-performing, they are individually risk-rated.

Schedule of Age Analysis of the Company's Past Due Loans

The following tables provide additional detail on the age analysis of the Company’s past due loans as of March 31, 2020 and December 31, 2019 (in thousands):



	March 31, 2020
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		Non-accrual with no Allowance		Total Non-accrual ⁽¹⁾		Loans 90 Days or More Past Due and Accruing
Commercial real estate:
Owner-occupied	$	1,209	$	—	$	1,837	$	3,046	$	1,021,043	$	1,024,089	$	1,837	$	2,243	$	—
Investment properties	607		—		3,888		4,495		2,003,042		2,007,537		3,420		3,863		24
Small Balance CRE	1,500		396		563		2,459		589,324		591,783		1,222		2,406		—
Multifamily real estate	—		—		—		—		400,206		400,206		—		—		—
Construction, land and land development:
Commercial construction	11,521		—		1,505		13,026		192,450		205,476		—		98		1,407
Multifamily construction	—		—		—		—		250,410		250,410		—		—		—
One- to four-family construction	1,027		—		964		1,991		532,965		534,956		964		1,295		—
Land and land development	1,783		—		—		1,783		230,723		232,506		—		—		—
Commercial business
Commercial business	4,849		537		1,508		6,894		1,350,923		1,357,817		198		21,737		—
Small business scored	2,541		591		2,565		5,697		801,842		807,539		98		3,290		77
Agricultural business, including secured by farmland	580		2,083		894		3,557		326,700		330,257		—		495		461
One- to four-family residential	12,399		103		2,353		14,855		866,532		881,387		865		3,045		1,089
Consumer:
Consumer—home equity revolving lines of credit	678		267		1,516		2,461		519,157		521,618		—		1,713		320
Consumer—other	648		140		49		837		139,326		140,163		—		99		—
Total	$	39,342	$	4,117	$	17,642	$	61,101	$	9,224,643	$	9,285,744	$	8,604	$	40,284	$	3,378



	December 31, 2019
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Purchased Credit-Impaired		Current		Total Loans		Loans 90 Days or More Past Due and Accruing		Total Non-accrual ⁽¹⁾
Commercial real estate:
Owner-occupied	$	486	$	1,246	$	2,889	$	4,621	$	8,578	$	1,567,451	$	1,580,650	$	89	$	4,069
Investment properties	—		260		1,883		2,143		6,345		2,300,733		2,309,221		—		1,883
Multifamily real estate	239		91		—		330		7		472,815		473,152		—		85
Commercial construction	1,397		—		98		1,495		—		209,173		210,668		—		98
Multifamily construction	—		—		—		—		—		233,610		233,610		—		—
One-to-four-family construction	3,212		—		1,799		5,011		—		539,297		544,308		332		1,467
Land and land development:
Residential	—		—		340		340		—		154,348		154,688		—		340
Commercial	—		—		—		—		—		26,290		26,290		—		—
Commercial business	2,343		1,583		3,412		7,338		368		1,686,118		1,693,824		401		23,015
Agricultural business, including secured by farmland	1,972		129		584		2,685		393		367,471		370,549		—		661
One-to four-family residential	3,777		1,088		2,876		7,741		74		937,807		945,622		877		3,410
Consumer:
Consumer secured by one- to four-family	1,174		327		1,846		3,347		110		547,503		550,960		398		2,314
Consumer—other	350		161		—		511		63		211,241		211,815		—		159
Total	$	14,950	$	4,885	$	15,727	$	35,562	$	15,938	$	9,253,857	$	9,305,357	$	2,097	$	37,501



	March 31, 2020
	Term Loans by Year of Origination												Revolving Loans		Total Loans
By class:	2020		2019		2018		2017		2016		Prior		Revolving Loans		Total Loans

Small balance CRE
Past Due Category
Current	$	3,076	$	72,221	$	91,455	$	75,742	$	80,463	$	265,178	$	1,189	$	589,324
30-59 Days Past Due	—		380		382		—		—		738		—		1,500
60-89 Days Past Due	—		—		—		—		—		396		—		396
90 Days + Past Due	—		—		—		340		—		223		—		563
Total Small balance CRE	$	3,076	$	72,601	$	91,837	$	76,082	$	80,463	$	266,535	$	1,189	$	591,783

Small business scored
Past Due Category
Current	$	49,408	$	176,863	$	161,438	$	115,884	$	60,448	$	85,896	$	151,905	$	801,842
30-59 Days Past Due	31		459		215		977		68		325		466		2,541
60-89 Days Past Due	—		184		150		197		55		—		5		591
90 Days + Past Due	—		243		568		715		610		152		277		2,565
Total Small business scored	$	49,439	$	177,749	$	162,371	$	117,773	$	61,181	$	86,373	$	152,653	$	807,539

One- to four- family residential
Past Due Category
Current	$	10,298	$	119,074	$	141,540	$	156,046	$	77,252	$	357,521	$	4,801	$	866,532
30-59 Days Past Due	559		4,107		639		1,615		264		5,215		—		12,399
60-89 Days Past Due	21		—		—		—		—		82		—		103
90 Days + Past Due	358		—		607		45		—		1,343		—		2,353
Total One- to four- family residential	$	11,236	$	123,181	$	142,786	$	157,706	$	77,516	$	364,161	$	4,801	$	881,387



	March 31, 2020
	Term Loans by Year of Origination												Revolving Loans		Total Loans
By class:	2020		2019		2018		2017		2016		Prior		Revolving Loans		Total Loans

Consumer—home equity revolving lines of credit
Past Due Category
Current	$	14,227	$	2,053	$	1,774	$	2,137	$	1,223	$	3,840	$	493,903	$	519,157
30-59 Days Past Due	—		—		—		—		—		14		664		678
60-89 Days Past Due	—		—		—		—		—		267		—		267
90 Days + Past Due	—		—		—		520		297		158		541		1,516
Total Consumer—home equity revolving lines of credit	$	14,227	$	2,053	$	1,774	$	2,657	$	1,520	$	4,279	$	495,108	$	521,618

Consumer-other
Past Due Category
Current	$	7,199	$	22,156	$	21,985	$	18,571	$	12,885	$	26,316	$	30,214	$	139,326
30-59 Days Past Due	102		21		174		78		100		95		78		648
60-89 Days Past Due	—		30		29		17		—		10		54		140
90 Days + Past Due	—		—		—		—		49		—		—		49
Total Consumer-other	$	7,301	$	22,207	$	22,188	$	18,666	$	13,034	$	26,421	$	30,346	$	140,163

Allowance for Credit Losses on Financing Receivables

The following table provides the activity in the allowance for credit losses by portfolio segment for the three months ended March 31, 2020 (in thousands):



	For the Three Months Ended March 31, 2020
	Commercial Real Estate			Multifamily Real Estate			Construction and Land		Commercial Business			Agricultural Business			One- to Four-Family Residential			Consumer			Unallocated		Total
Allowance for credit losses:
Beginning balance	$	30,591		$	4,754		$	22,994	$	23,370		$	4,120		$	4,136		$	8,202		$	2,392	$	100,559
Impact of Adopting Topic 326	(2,864		)	(2,204		)	2,515		3,010			(351		)	7,125			2,973					7,812
Provision/(recapture) for credit losses	1,545			321			8,708		6,447			(1,006		)	539			5,159			—		21,713
Recoveries	167			—			—		205			1,750			148			96			—		2,366
Charge-offs	(100		)	(66		)	—		(1,384		)	—			(64		)	(348		)	—		(1,962		)
Ending balance	$	29,339		$	2,805		$	34,217	$	31,648		$	4,513		$	11,884		$	16,082		$	—	$	130,488

The changes in the allowance for credit losses during the three months ended March 31, 2020 were primarily the result of the $21.7 million provision for credit losses recorded during the current quarter, mostly due to the deterioration in the economy during the current quarter as a result of the COVID-19 pandemic, as well as forecasted additional future economic deterioration based on the reasonable and supportable economic forecast as of March 31, 2020. In addition, the change for the current quarter included a $7.8 million increase related to the adoption of Financial Instruments - Credit Losses (Topic 326).

The following tables provide additional information on the allowance for loan losses and loan balances individually and collectively evaluated for impairment at or for the three months ended March 31, 2019 (in thousands):



	For the Three Months Ended March 31, 2019
	Commercial Real Estate			Multifamily Real Estate		Construction and Land			Commercial Business			Agricultural Business			One- to Four-Family Residential			Consumer			Unallocated		Total
Allowance for loan losses:
Beginning balance	$	27,132		$	3,818	$	24,442		$	19,438		$	3,778		$	4,714		$	7,972		$	5,191	$	96,485
Provision/(recapture) for loan losses	369			202		(751		)	(209		)	(178		)	(46		)	269			2,344		2,000
Recoveries	21			—		22			23			—			43			110			—		219
Charge-offs	(431		)	—		—			(590		)	(4		)	—			(371		)	—		(1,396		)
Ending balance	$	27,091		$	4,020	$	23,713		$	18,662		$	3,596		$	4,711		$	7,980		$	7,535	$	97,308



	March 31, 2019
	Commercial Real Estate		Multifamily Real Estate		Construction and Land		Commercial Business		Agricultural Business		One- to Four-Family Residential		Consumer		Unallocated		Total
Allowance for loan losses:
Individually evaluated for impairment	$	240	$	—	$	—	$	12	$	66	$	59	$	8	$	—	$	385
Collectively evaluated for impairment	26,851		4,020		23,713		18,627		3,472		4,652		7,972		7,535		96,842
Purchased credit-impaired loans	—		—		—		23		58		—		—		—		81
Total allowance for loan losses	$	27,091	$	4,020	$	23,713	$	18,662	$	3,596	$	4,711	$	7,980	$	7,535	$	97,308



Loan balances:
Individually evaluated for impairment	$	9,806	$	—	$	2,988	$	514	$	4,110	$	4,116	$	193	$	—	$	21,727
Collectively evaluated for impairment	3,545,162		387,014		1,093,159		1,523,166		368,781		963,370		776,948		—		8,657,600
Purchased credit impaired loans	11,805		128		—		618		431		95		253		—		13,330
Total loans	$	3,566,773	$	387,142	$	1,096,147	$	1,524,298	$	373,322	$	967,581	$	777,394	$	—	$	8,692,657