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LOANS RECEIVABLE AND THE ALLOWANCE FOR LOAN LOSSES
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Financing Receivables LOANS RECEIVABLE AND THE ALLOWANCE FOR CREDIT LOSSES
The following table presents the loans receivable at December 31, 2021 and 2020 by class (dollars in thousands).

 December 31, 2021December 31, 2020
 AmountPercent of TotalAmountPercent of Total
Commercial real estate:    
Owner-occupied$1,131,828 12.4 %$1,076,467 10.9 %
Investment properties1,990,461 21.9 1,955,684 19.8 
Small balance CRE598,212 6.6 573,849 5.8 
Multifamily real estate564,100 6.2 428,223 4.4 
Construction, land and land development:
Commercial construction169,530 1.9 228,937 2.3 
Multifamily construction259,116 2.9 305,527 3.1 
One- to four-family construction568,753 6.3 507,810 5.1 
Land and land development313,454 3.5 248,915 2.5 
Commercial business:
Commercial business (1)
1,172,076 12.9 2,178,461 22.1 
Small business scored792,310 8.7 743,451 7.5 
Agricultural business, including secured by farmland(2)
285,753 3.1 299,949 3.0 
One- to four-family residential683,268 7.5 717,939 7.3 
Consumer:
Consumer—home equity revolving lines of credit
458,533 5.0 491,812 5.0 
Consumer—other97,369 1.1 113,958 1.2 
Total loans9,084,763 100.0 %9,870,982 100.0 %
Less allowance for credit losses - loans(132,099)(167,279)
Net loans$8,952,664 $9,703,703 
(1)    Includes $132.6 million and $1.04 billion of SBA PPP loans as of December 31, 2021 and December 31, 2020, respectively.
(2)    Includes $1.4 million of SBA PPP loans as of December 31, 2021 and none as of December 31, 2020.

Loan amounts are net of unearned loan fees in excess of unamortized costs of $8.6 million as of December 31, 2021 and $25.6 million as of December 31, 2020. Net loans include net discounts on acquired loans of $9.7 million and $16.1 million as of December 31, 2021 and 2020, respectively. Net loans does not include accrued interest receivable. Accrued interest receivable on loans was $29.2 million as of December 31, 2021 and $36.6 million as of December 31, 2020 and was reported in accrued interest receivable on the Consolidated Statements of Financial Condition.
 
The Company’s loans to directors, executive officers and related entities are on substantially the same terms and underwriting as those prevailing at the time for comparable transactions with unrelated persons and do not involve more than normal risk of collectability.  Such loans had balances of $700,000 and $1.5 million at December 31, 2021 and 2020, respectively.

Purchased credit-deteriorated and purchased non-credit-deteriorated loans. Loans acquired in business combinations are recorded at their fair value at the acquisition date. Acquired loans are evaluated upon acquisition and classified as either purchased credit-deteriorated (PCD) or purchased non-credit-deteriorated. There were no PCD loans acquired during the years ended December 31, 2021 and 2020.

Troubled Debt Restructurings. Loans are reported as TDRs when the Bank grants one or more concessions to a borrower experiencing financial difficulties that it would not otherwise consider.  The Company’s TDRs have generally not involved forgiveness of amounts due, but almost always include a modification of multiple factors; the most common combination includes interest rate, payment amount and maturity date.

As of December 31, 2021 and 2020, the Company had TDRs of $5.5 million and $7.9 million, respectively. The Company had no commitments to advance additional funds related to TDRs as of both December 31, 2021 and 2020.

There were no new TDRs that occurred during the year ended December 31, 2021. The following tables present new TDRs that occurred during the years ended December 31, 2020 and 2019 (dollars in thousands):
 Number of
Contracts		Pre-modification Outstanding Recorded InvestmentPost-modification Outstanding Recorded Investment
Year Ended December 31, 2020
Recorded Investment (1) (2)
Commercial business3 $5,532 $5,532 
Agricultural business/farmland1 $169 $169 
Total4 $5,701 $5,701 
Year Ended December 31, 2019
Recorded Investment (1) (2)
Commercial real estate:
Investment properties1 $1,090 $1,090 
Commercial business1 $160 $160 
Agricultural business/farmland1 $596 $596 
Total3 $1,846 $1,846 
 
(1)Since most loans were already considered classified and/or on non-accrual status prior to restructuring, the modifications did not have a material effect on the Company’s determination of the allowance for credit losses.
(2)Generally, these modifications do not fit into one separate type, such as rate, term, amount, interest-only or payment, but instead are a combination of multiple types of modifications; therefore, they are disclosed in aggregate.

There were no TDRs which incurred a payment default within the years ended December 31, 2021 and 2020 for which the payment default occurred within twelve months of the restructure date.  A default on a restructured loan results in a transfer to nonaccrual status, a charge-off or a combination of both.
Credit Quality Indicators:  To appropriately and effectively manage the ongoing credit quality of the Company’s loan portfolio, management has implemented a risk-rating or loan grading system for its loans.  The system is a tool to evaluate portfolio asset quality throughout each applicable loan’s life as an asset of the Company.  Generally, loans are risk rated on an aggregate borrower/relationship basis with individual loans sharing similar ratings.  There are some instances when specific situations relating to individual loans will provide the basis for different risk ratings within the aggregate relationship.  Loans are graded on a scale of 1 to 9.  A description of the general characteristics of these categories is shown below:

Overall Risk Rating Definitions:  Risk-ratings contain both qualitative and quantitative measurements and take into account the financial strength of a borrower and the structure of the loan or lease.  Consequently, the definitions are to be applied in the context of each lending transaction and judgment must also be used to determine the appropriate risk rating, as it is not unusual for a loan or lease to exhibit characteristics of more than one risk-rating category.  Consideration for the final rating is centered in the borrower’s ability to repay, in a timely fashion, both principal and interest.  The Company’s risk-rating and loan grading policies are reviewed and approved annually. There were no material changes in the risk-rating or loan grading system for the periods presented.

Risk Ratings 1-5: Pass
Credits with risk ratings of 1 to 5 meet the definition of a pass risk rating. The strength of credits vary within the pass risk ratings, ranging from a risk rated 1 being an exceptional credit to a risk rated 5 being an acceptable credit that requires a more than normal level of supervision.

Risk Rating 6: Special Mention
A credit with potential weaknesses that deserves management’s close attention is risk rated a 6.  If left uncorrected, these potential weaknesses will result in deterioration in the capacity to repay debt.  A key distinction between Special Mention and Substandard is that in a Special Mention credit, there are identified weaknesses that pose potential risk(s) to the repayment sources, versus well defined weaknesses that pose risk(s) to the repayment sources.  Assets in this category are expected to be in this category no more than 9-12 months as the potential weaknesses in the credit are resolved.

Risk Rating 7: Substandard
A credit with well-defined weaknesses that jeopardize the ability to repay in full is risk rated a 7.  These credits are inadequately protected by either the sound net worth and payment capacity of the borrower or the value of pledged collateral.  These are credits with a distinct possibility of loss.  Loans headed for foreclosure and/or legal action due to deterioration are rated 7 or worse.

Risk Rating 8: Doubtful
A credit with an extremely high probability of loss is risk rated 8.  These credits have all the same critical weaknesses that are found in a substandard loan; however, the weaknesses are elevated to the point that based upon current information, collection or liquidation in full is improbable.  While some loss on doubtful credits is expected, pending events may make the amount and timing of any loss indeterminable.  In these situations taking the loss is inappropriate until the outcome of the pending event is clear.

Risk Rating 9: Loss
A credit that is considered to be currently uncollectible or of such little value that it is no longer a viable bank asset is risk rated 9.  Losses should be taken in the accounting period in which the credit is determined to be uncollectible.  Taking a loss does not mean that a credit has absolutely no recovery or salvage value but, rather, it is not practical or desirable to defer writing off the credit, even though partial recovery may occur in the future.
The following tables present the Company’s portfolio of risk-rated loans by class and by grade as of December 31, 2021 and December 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. Term loans that are renewed or extended for periods longer than 90 days are presented as a new origination in the year of the most recent renewal or extension.
December 31, 2021
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20212020201920182017Prior
Commercial real estate - owner occupied
Risk Rating
Pass$280,746 $224,451 $140,679 $125,282 $80,955 $205,594 $11,782 $1,069,489 
Special Mention1,050 — 2,185 — — 74 — 3,309 
Substandard13,597 — 13,770 — 1,056 30,607 — 59,030 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial real estate - owner occupied$295,393 $224,451 $156,634 $125,282 $82,011 $236,275 $11,782 $1,131,828 
Commercial real estate - investment properties
Risk Rating
Pass$397,100 $224,303 $265,385 $235,542 $225,718 $549,266 $18,471 $1,915,785 
Special Mention— — 240 5,544 — — — 5,784 
Substandard29,933 — 4,369 — 5,490 29,100 — 68,892 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial real estate - investment properties$427,033 $224,303 $269,994 $241,086 $231,208 $578,366 $18,471 $1,990,461 
Multifamily real estate
Risk Rating
Pass$190,709 $79,047 $58,243 $36,026 $89,942 $100,653 $3,030 $557,650 
Special Mention— — — — — — — — 
Substandard4,908 — — — — 1,542 — 6,450 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Multifamily real estate$195,617 $79,047 $58,243 $36,026 $89,942 $102,195 $3,030 $564,100 
December 31, 2021
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20212020201920182017Prior
Commercial construction
Risk Rating
Pass$103,352 $31,841 $8,791 $8,087 $— $— $— $152,071 
Special Mention— — — — — — — — 
Substandard11,782 85 688 4,806 — 98 — 17,459 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial construction$115,134 $31,926 $9,479 $12,893 $— $98 $— $169,530 
Multifamily construction
Risk Rating
Pass$86,643 $118,114 $54,359 $— $— $— $— $259,116 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Multifamily construction$86,643 $118,114 $54,359 $— $— $— $— $259,116 
One- to four- family construction
Risk Rating
Pass$526,153 $40,133 $331 $— $— $216 $1,920 $568,753 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total One- to four- family construction$526,153 $40,133 $331 $— $— $216 $1,920 $568,753 
December 31, 2021
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20212020201920182017Prior
Land and land development
Risk Rating
Pass$181,381 $89,895 $17,154 $8,141 $4,050 $7,870 $1,682 $310,173 
Special Mention— — — — — — — — 
Substandard2,876 14 263 — — 128 — 3,281 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Land and land development$184,257 $89,909 $17,417 $8,141 $4,050 $7,998 $1,682 $313,454 
Commercial business
Risk Rating
Pass$273,096 $215,462 $176,136 $121,211 $45,434 $78,049 $246,351 $1,155,739 
Special Mention65 77 — 241 19 8 2,430 2,840 
Substandard1,941 1,560 2,292 3,853 875 679 2,297 13,497 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial business$275,102 $217,099 $178,428 $125,305 $46,328 $78,736 $251,078 $1,172,076 
Agricultural business including secured by farmland
Risk Rating
Pass$34,573 $25,338 $49,951 $27,401 $13,073 $32,608 $99,410 $282,354 
Special Mention— — — — — — — — 
Substandard— 474 2,231 493 129 72 — 3,399 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Agricultural business including secured by farmland$34,573 $25,812 $52,182 $27,894 $13,202 $32,680 $99,410 $285,753 
December 31, 2020
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20202019201820172016Prior
Commercial real estate - owner occupied
Risk Rating
Pass$243,100 $156,838 $156,817 $122,484 $92,312 $212,792 $3,379 $987,722 
Special Mention— 4,560 — 2,251 — 1,869 149 8,829 
Substandard7,923 26,914 3,040 2,516 11,731 27,792 — 79,916 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial real estate - owner occupied$251,023 $188,312 $159,857 $127,251 $104,043 $242,453 $3,528 $1,076,467 
Commercial real estate - investment properties
Risk Rating
Pass$237,553 $262,543 $299,452 $218,018 $278,348 $502,914 $20,062 $1,818,890 
Special Mention— 2,712 — — 2,730 1,856 — 7,298 
Substandard19,812 11,418 20,352 36,310 23,027 18,577 — 129,496 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial real estate - investment properties$257,365 $276,673 $319,804 $254,328 $304,105 $523,347 $20,062 $1,955,684 
Multifamily real estate
Risk Rating
Pass$78,632 $69,825 $39,343 $93,442 $44,395 $96,863 $1,983 $424,483 
Special Mention— — — — — — — — 
Substandard2,312 1,428 — — — — — 3,740 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Multifamily real estate$80,944 $71,253 $39,343 $93,442 $44,395 $96,863 $1,983 $428,223 
December 31, 2020
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20202019201820172016Prior
Commercial construction
Risk Rating
Pass$83,506 $67,152 $41,299 $6,038 $2,158 $1,129 $— $201,282 
Special Mention— 5,963 — — — — — 5,963 
Substandard12,913 3,808 4,873 — 98 — — 21,692 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial construction$96,419 $76,923 $46,172 $6,038 $2,256 $1,129 $— $228,937 
Multifamily construction
Risk Rating
Pass$79,710 $151,141 $59,744 $14,932 $— $— $— $305,527 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Multifamily construction$79,710 $151,141 $59,744 $14,932 $— $— $— $305,527 
One- to four- family construction
Risk Rating
Pass$461,294 $35,910 $— $— $— $— $7,581 $504,785 
Special Mention1,563 — — — — — 630 2,193 
Substandard501 331 — — — — — 832 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total One- to four- family construction$463,358 $36,241 $— $— $— $— $8,211 $507,810 
December 31, 2020
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20202019201820172016Prior
Land and land development
Risk Rating
Pass$156,450 $37,397 $16,560 $6,801 $6,264 $4,840 $17,020 $245,332 
Special Mention— — — — — — — — 
Substandard14 30 3,047 190 — 302 — 3,583 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Land and land development$156,464 $37,427 $19,607 $6,991 $6,264 $5,142 $17,020 $248,915 
Commercial business
Risk Rating
Pass$1,243,276 $230,845 $203,051 $65,524 $38,757 $66,206 $264,741 $2,112,400 
Special Mention103 412 — 829 — 115 9,507 10,966 
Substandard6,624 14,413 18,569 5,224 1,320 453 8,492 55,095 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Commercial business$1,250,003 $245,670 $221,620 $71,577 $40,077 $66,774 $282,740 $2,178,461 
Agricultural business including secured by farmland
Risk Rating
Pass$32,032 $62,058 $31,381 $22,635 $22,394 $24,950 $91,660 $287,110 
Special Mention— — — 810 — 537 — 1,347 
Substandard1,542 2,652 1,076 163 675 3,049 2,335 11,492 
Doubtful— — — — — — — — 
Loss— — — — — — — — 
Total Agricultural business including secured by farmland$33,574 $64,710 $32,457 $23,608 $23,069 $28,536 $93,995 $299,949 
The following tables present the Company’s portfolio of non-risk-rated loans by class and delinquency status as of December 31, 2021 and December 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. Term loans that are renewed or extended for periods longer than 90 days are presented as a new origination in the year of the most recent renewal or extension.
December 31, 2021
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20212020201920182017Prior
Small balance CRE
Past Due Category
Current$73,302 $80,992 $74,079 $82,151 $67,837 $219,117 $533 $598,011 
30-59 Days Past Due40 — — — 49 — — 89 
60-89 Days Past Due— — — — — — — — 
90 Days + Past Due— — — — — 112 — 112 
Total Small balance CRE$73,342 $80,992 $74,079 $82,151 $67,886 $219,229 $533 $598,212 
Small business scored
Past Due Category
Current$235,435 $126,959 $109,483 $84,460 $55,940 $69,504 $108,632 $790,413 
30-59 Days Past Due260 268 — 133 74 4 185 924 
60-89 Days Past Due— — 133 11 9 248 64 465 
90 Days + Past Due— 69 — 62 306 7 64 508 
Total Small business scored$235,695 $127,296 $109,616 $84,666 $56,329 $69,763 $108,945 $792,310 
One- to four- family residential
Past Due Category
Current$229,473 $89,634 $56,843 $51,445 $54,007 $196,571 $1,425 $679,398 
30-59 Days Past Due— 596 — 404 635 683 — 2,318 
60-89 Days Past Due— — 2 295 — 30 — 327 
90 Days + Past Due— — — 167 — 1,058 — 1,225 
Total One- to four- family residential$229,473 $90,230 $56,845 $52,311 $54,642 $198,342 $1,425 $683,268 
December 31, 2021
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20212020201920182017Prior
Consumer—home equity revolving lines of credit
Past Due Category
Current$7,135 $1,210 $1,324 $1,772 $1,764 $2,920 $440,352 $456,477 
30-59 Days Past Due147 — — 23 37 568 210 985 
60-89 Days Past Due49 — — — 45 83 91 268 
90 Days + Past Due— — 109 191 156 188 159 803 
Total Consumer—home equity revolving lines of credit$7,331 $1,210 $1,433 $1,986 $2,002 $3,759 $440,812 $458,533 
Consumer-other
Past Due Category
Current$18,640 $12,803 $8,676 $8,242 $6,138 $17,055 $25,336 $96,890 
30-59 Days Past Due— 114 13 150 22 29 60 388 
60-89 Days Past Due6 — 2 — — 8 59 75 
90 Days + Past Due— — 10 6 — — — 16 
Total Consumer-other$18,646 $12,917 $8,701 $8,398 $6,160 $17,092 $25,455 $97,369 
December 31, 2020
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20202019201820172016Prior
Small balance CRE
Past Due Category
Current$56,544 $80,090 $84,749 $77,637 $68,791 $202,653 $2,550 $573,014 
30-59 Days Past Due— — — — — — — — 
60-89 Days Past Due— — — 45 — — — 45 
90 Days + Past Due— — — 567 — 223 — 790 
Total small balance CRE$56,544 $80,090 $84,749 $78,249 $68,791 $202,876 $2,550 $573,849 
Small business scored
Past Due Category
Current$157,161 $145,037 $126,578 $89,734 $47,909 $63,347 $109,287 $739,053 
30-59 Days Past Due129 62 310 723 4 1 230 1,459 
60-89 Days Past Due98 147 3 140 — 352 151 891 
90 Days + Past Due73 228 800 484 169 248 46 2,048 
Total small business scored$157,461 $145,474 $127,691 $91,081 $48,082 $63,948 $109,714 $743,451 
One- to four- family residential
Past Due Category
Current$105,411 $90,425 $92,232 $101,491 $60,738 $254,850 $3,164 $708,311 
30-59 Days Past Due1,051 — 1,302 829 — 1,438 — 4,620 
60-89 Days Past Due— — 19 — — 936 — 955 
90 Days + Past Due— 114 1,185 456 169 2,129 — 4,053 
Total One- to four- family residential$106,462 $90,539 $94,738 $102,776 $60,907 $259,353 $3,164 $717,939 
December 31, 2020
Term Loans by Year of OriginationRevolving LoansTotal Loans
By class:20202019201820172016Prior
Consumer—home equity revolving lines of credit
Past Due Category
Current$10,522 $2,617 $2,553 $3,359 $1,372 $2,154 $466,490 $489,067 
30-59 Days Past Due— — — — — 50 409 459 
60-89 Days Past Due— 202 — — — 237 — 439 
90 Days + Past Due— 312 198 564 286 255 232 1,847 
Total Consumer—home equity revolving lines of credit$10,522 $3,131 $2,751 $3,923 $1,658 $2,696 $467,131 $491,812 
Consumer-other
Past Due Category
Current$21,811 $13,377 $13,936 $11,433 $8,575 $18,802 $25,460 $113,394 
30-59 Days Past Due48 35 15 22 46 26 44 236 
60-89 Days Past Due242 — — 33 21 14 18 328 
90 Days + Past Due— — — — — — — — 
Total Consumer-other$22,101 $13,412 $13,951 $11,488 $8,642 $18,842 $25,522 $113,958 
The following tables provide the amortized cost basis of collateral-dependent loans as of December 31, 2021 and December 31, 2020 (in thousands). Our collateral dependent loans presented in the tables below have no significant concentrations by property type or location.
 December 31, 2021
Real EstateAccounts ReceivableEquipmentTotal
Commercial real estate:  
Owner-occupied$3,806 $— $— $3,806 
Investment properties7,322 — — 7,322 
Small balance CRE1,831 — — 1,831 
Commercial business17 — 47 64 
Agricultural business, including secured by farmland
427 — 594 1,021 
Total$13,403 $— $641 $14,044 



 December 31, 2020
Real EstateAccounts ReceivableEquipmentTotal
Commercial real estate:  
Owner-occupied$7,506 $— $— $7,506 
Investment properties8,979 — — 8,979 
Small balance CRE567 — — 567 
Land and land development302 — — 302 
Commercial business
Commercial business557 — — 557 
Small business scored44 — 47 91 
Agricultural business, including secured by farmland
427 — 984 1,411 
One- to four-family residential196 — — 196 
Total$18,578 $— $1,031 $19,609 
The following tables provide additional detail on the age analysis of Banner’s past due loans as of December 31, 2021 and 2020 (in thousands):
 December 31, 2021
 30-59 Days
Past Due		60-89 Days
Past Due		90 Days or More
Past Due		Total
Past Due		CurrentTotal LoansNon-accrual with no Allowance
Total Non-accrual (1)
Loans 90 Days or More Past Due and Accruing
Commercial real estate:       
Owner-occupied$233 $— $448 $681 $1,131,147 $1,131,828 $3,809 $4,340 $— 
Investment properties81 — 1,186 1,267 1,989,194 1,990,461 4,892 7,468 — 
Small balance CRE89 — 112 201 598,011 598,212 1,815 2,351 — 
Multifamily real estate— — — — 564,100 564,100 — — — 
Construction, land and land development:
Commercial construction— — 98 98 169,432 169,530 — 98 — 
Multifamily construction— — — — 259,116 259,116 — — — 
One- to four-family construction162 — — 162 568,591 568,753 — — — 
Land and land development51 — 14 65 313,389 313,454 — 381 — 
Commercial business
Commercial business5,157 1,007 588 6,752 1,165,324 1,172,076 228 1,144 2 
Small business scored924 465 508 1,897 790,413 792,310 — 1,012 — 
Agricultural business, including secured by farmland
139 — 1,021 1,160 284,593 285,753 1,021 1,022 — 
One- to four-family residential2,318 327 1,225 3,870 679,398 683,268 — 2,711 436 
Consumer:
Consumer—home equity revolving lines of credit985 268 803 2,056 456,477 458,533 — 1,736 114 
Consumer—other388 75 16 479 96,890 97,369 — 18 3 
Total$10,527 $2,142 $6,019 $18,688 $9,066,075 $9,084,763 $11,765 $22,281 $555 
 December 31, 2020
 30-59 Days
Past Due		60-89 Days
Past Due		90 Days or More
Past Due		Total
Past Due		CurrentTotal LoansNon-accrual with no Allowance
Total Non-accrual (1)
Loans 90 Days or More Past Due and Accruing
Commercial real estate:       
Owner-occupied$— $182 $1,447 $1,629 $1,074,838 $1,076,467 $7,509 $8,429 $— 
Investment properties— — 7,981 7,981 1,947,703 1,955,684 8,979 8,979 — 
Small balance CRE— 45 790 835 573,014 573,849 567 791 — 
Multifamily real estate— — — — 428,223 428,223 — — — 
Construction, land and land development:
Commercial construction— — 98 98 228,839 228,937 — 98 — 
Multifamily construction— — — — 305,527 305,527 — — — 
One- to four-family construction356 — 331 687 507,123 507,810 — 331 — 
Land and land development— — 317 317 248,598 248,915 302 507 — 
Commercial business
Commercial business3,247 31 2,088 5,366 2,173,095 2,178,461 555 1,988 889 
Small business scored1,459 891 2,048 4,398 739,053 743,451 91 3,419 136 
Agricultural business, including secured by farmland
298 37 1,548 1,883 298,066 299,949 1,412 1,743 — 
One-to four-family residential4,620 955 4,053 9,628 708,311 717,939 171 3,556 1,899 
Consumer:
Consumer—home equity revolving lines of credit459 439 1,847 2,745 489,067 491,812 — 2,697 130 
Consumer—other236 328 — 564 113,394 113,958 — 22 — 
Total$10,675 $2,908 $22,548 $36,131 $9,834,851 $9,870,982 $19,586 $32,560 $3,054 

(1)     The Company did not recognize any interest income on non-accrual loans during both the years ended December 31, 2021 and 2020.
The following tables provide the activity in the allowance for credit losses by portfolio segment for the years ended December 31, 2021 and 2020 (in thousands):
For the Year Ended December 31, 2021
 Commercial
Real Estate		Multifamily
Real Estate		Construction and LandCommercial
Business		Agricultural
Business		One- to Four-Family ResidentialConsumerUnallocatedTotal
Allowance for credit losses:        
Beginning balance$57,791 $3,893 $41,295 $35,007 $4,914 $9,913 $14,466 $— $167,279 
Provision/(recapture) for credit losses(2,758)3,209 (14,101)(8,621)(1,573)(1,907)(7,361)— (33,112)
Recoveries1,729 — 100 1,797 30 199 760 — 4,615 
Charge-offs(3,767)(59)— (1,762)(181)— (914)— (6,683)
Ending balance$52,995 $7,043 $27,294 $26,421 $3,190 $8,205 $6,951 $— $132,099 
Net loan charge-offs as a percent of average outstanding loans during the period(0.02)%— %— %— %— %— %— %n/a(0.02)%


 For the Year Ended December 31, 2020
 Commercial
 Real Estate		Multifamily
Real Estate		Construction and LandCommercial
Business		Agricultural
Business		One- to Four-Family ResidentialConsumerUnallocatedTotal
Allowance for loan losses:         
Beginning balance$30,591 $4,754 $22,994 $23,370 $4,120 $4,136 $8,202 $2,392 $100,559 
Impact of Adopting ASC 326(2,864)(2,204)2,515 3,010 (351)7,125 2,973 (2,392)7,812 
Provision/(recapture) for credit losses31,643 1,409 15,781 12,615 (87)(1,679)4,603 — 64,285 
Recoveries275 — 105 3,265 1,823 467 328 — 6,263 
Charge-offs(1,854)(66)(100)(7,253)(591)(136)(1,640)— (11,640)
Ending balance$57,791 $3,893 $41,295 $35,007 $4,914 $9,913 $14,466 $— $167,279 
Net loan (charge-offs) recoveries as a percent of average outstanding loans during the period(0.02)%— %— %(0.04)%0.01 %— %(0.01)%n/a(0.05)%
The following table provides additional information on the allowance for loan losses for the year ended December 31, 2019 (in thousands):
For the Year Ended December 31, 2019
Commercial
Real Estate		Multifamily
Real Estate		Construction
and Land		Commercial BusinessAgricultural BusinessOne- to Four-Family ResidentialConsumerUnallocatedTotal
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 losses4,121 936 (1,611)7,478 1,206 (1,053)1,722 (2,799)10,000 
Recoveries476 — 208 625 47 561 548 — 2,465 
Charge-offs(1,138)— (45)(4,171)(911)(86)(2,040)— (8,391)
Ending balance$30,591 $4,754 $22,994 $23,370 $4,120 $4,136 $8,202 $2,392 $100,559 
Net loan (charge-offs) recoveries as a percent of average outstanding loans during the period(0.01)%— %— %(0.04)%(0.01)%0.01 %(0.02)%n/a(0.07)%