Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. LOANS Major classifications of loans held for investment are as follows: June 30, 2019 December 31, 2018 Legacy (1) Acquired Total Legacy (1) Acquired Total Commercial Real Estate Owner Occupied $ 311,984,259 $ 132,158,619 $ 444,142,878 $ 299,266,275 $ 140,892,706 $ 440,158,981 Investment 614,696,965 182,790,150 797,487,115 592,529,807 195,883,002 788,412,809 Hospitality 196,356,242 19,069,944 215,426,186 172,189,046 13,134,019 185,323,065 Land and A&D 70,866,193 7,107,755 77,973,948 71,908,761 21,760,867 93,669,628 Residential Real Estate First Lien-Investment 120,411,103 43,992,312 164,403,415 104,084,050 48,483,340 152,567,390 First Lien-Owner Occupied 107,911,628 130,954,430 238,866,058 108,696,078 140,221,589 248,917,667 Residential Land and A&D 46,826,606 11,146,929 57,973,535 42,639,161 16,828,434 59,467,595 HELOC and Jr. Liens 22,398,293 36,816,530 59,214,823 20,749,184 41,939,123 62,688,307 Commercial and Industrial 252,178,329 74,276,267 326,454,596 239,766,662 91,431,724 331,198,386 Consumer 14,143,513 28,687,040 42,830,553 16,289,147 34,919,111 51,208,258 Total loans 1,757,773,131 666,999,976 2,424,773,107 1,668,118,171 745,493,915 2,413,612,086 Allowance for loan losses (7,417,436 ) (472,299 ) (7,889,735 ) (7,004,839 ) (466,184 ) (7,471,023 ) Deferred loan costs, net 3,553,772 — 3,553,772 3,086,635 — 3,086,635 Net loans $ 1,753,909,467 $ 666,527,677 $ 2,420,437,144 $ 1,664,199,967 $ 745,027,731 $ 2,409,227,698 ( 1 As a result of the acquisitions of Maryland Bankcorp, Inc. (“Maryland Bankcorp”), the parent company of Maryland Bank & Trust Company, N.A. (“MB&T”), in April 2011, May 2013, December 2015, July 2017, April 2018, two Credit Policies and Administration We have adopted a comprehensive lending policy, which includes stringent underwriting standards for all types of loans. We have designed our underwriting standards to promote a complete banking relationship rather than a transactional relationship. Our lending staff follows pricing guidelines established periodically by our management team. In an effort to manage risk, prior to funding the loan committee, consisting of four four In addition to the internal business processes employed in the credit administration area, Old Line Bank retains an outside independent firm to review the loan portfolio. This firm performs a detailed annual review and an interim update. We use the results of the firm’s report to validate our internal ratings and we review the commentary on specific loans and on our loan administration activities in order to improve our operations. Commercial Real Estate Loans We finance commercial real estate for our clients, for owner occupied and investment properties, hospitality and land acquisition and development. Commercial real estate loans totaled $1.53 $1.51 June 30, 2019 December 31, 2018. may may one four not 80% 75%. Commercial real estate lending entails significant risks. Risks inherent in managing our commercial real estate portfolio relate to sudden or gradual drops in property values as well as changes in the economic climate that may At June 30, 2019, $215.4 Residential Real Estate Loans We offer a variety of consumer oriented residential real estate loans including home equity lines of credit, home improvement loans and first second $520.5 $523.6 June 30, 2019 December 31, 2018. not 85%. may not 43%, 640 not This segment of our portfolio also consists of funds advanced for construction of custom single family residences homes (where the home buyer is the borrower) and financing to builders for the construction of pre-sold homes and multi-family housing. These loans generally have short durations, meaning maturities typically of twelve twelve Construction lending also entails significant risk. These risks generally involve larger loan balances concentrated with single borrowers with funds advanced upon the security of the land or the project under construction. An appraisal of the property estimates the value of the project “as is and as if” completed. An appraisal of the property estimates the value of the project prior to completion of construction. Thus, initial funds are advanced based on the current value of the property with the remaining construction funds advanced under a budget sufficient to successfully complete the project within the “as completed” loan to value. To further mitigate the risks, we generally limit loan amounts to 80% first We generally only offer real estate construction financing only to experienced builders, commercial entities or individuals who have demonstrated the ability to obtain a permanent loan “take-out” (conversion to a permanent mortgage upon completion of the project). We also perform a complete analysis of the borrower and the project under construction. This analysis includes a review of the cost to construct, the borrower’s ability to obtain a permanent “take-out” the cash flow available to support the debt payments and construction costs in excess of loan proceeds, and the value of the collateral. During construction, we advance funds on these loans on a percentage of completion basis. We inspect each project as needed prior to advancing funds during the term of the construction loan. We may We also offer fixed rate home improvement loans. Our home equity and home improvement loan portfolio gives us a diverse client base. Although most of these loans are in our market area, the diversity of the individual loans in the portfolio reduces our potential risk. Usually, we secure our home equity loans and lines of credit with a security interest in the borrower’s primary or secondary residence. Under our loan approval policy, all residential real estate loans approved must comply with federal regulations. Generally, we will make residential mortgage loans in amounts up to the limits established by Fannie Mae and Freddie Mac for secondary market resale purposes. Currently this amount for single-family residential loans varies from $484,350 $726,525 $726,525. 620 Commercial and Industrial Lending Our commercial and industrial lending consists of lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, Small Business Administration loans, standby letters of credit and unsecured loans. We originate commercial loans for any business purpose including the financing of leasehold improvements and equipment, the carrying of accounts receivable, general working capital, and acquisition activities. We have a diverse client base and we do not Commercial business loans have a higher degree of risk than residential mortgage loans because the availability of funds for repayment generally depends on the success of the business. They may $250,000, Consumer Installment Lending We offer various types of secured and unsecured consumer loans. We make consumer loans for personal, family or household purposes as a convenience to our customer base. Consumer loans, however, are not not 40% Our consumer loan portfolio includes indirect loans, which consists primarily of auto and RV loans. These loans are financed through dealers and the dealers receive a percentage of the finance charge, which varies depending on the terms of each loan. We use the same underwriting standards in originating these indirect loans as we do for consumer loans generally. Consumer loans may may not may not may Concentrations of Credit Most of our lending activity occurs within the state of Maryland within the suburban Washington, D.C. and Baltimore market areas in Baltimore City and Anne Arundel, Baltimore, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George’s and St. Mary’s Counties. The majority of our loan portfolio consists of commercial real estate loans and residential real estate loans. Non-Accrual and Past Due Loans We consider loans past due if the borrower has not 90 no not not not The table below presents an age analysis of the loans held for investment portfolio at June 30, 2019 December 31, 2018. Age Analysis of Past Due Loans Age Analysis of Past Due Loans June 30, 2019 December 31, 2018 Legacy Acquired Total Legacy Acquired Total Current $ 1,749,706,045 $ 656,854,043 $ 2,406,560,088 $ 1,659,191,112 $ 729,738,007 $ 2,388,929,119 Accruing past due loans: 30 - 89 days past due Commercial Real Estate: Owner Occupied 1,705,819 1,299 1,707,118 3,990,558 — 3,990,558 Investment 65,577 2,027,487 2,093,064 1,729,404 3,849,944 5,579,348 Land and A&D — — — — — — Residential Real Estate: First Lien-Investment 177,569 974,947 1,152,516 179,701 896,227 1,075,928 First Lien-Owner Occupied 92,141 2,215,087 2,307,228 94,178 3,062,084 3,156,262 Land and A&D 456,850 71,178 528,028 883,460 413,191 1,296,651 HELOC and Jr. Liens 457,063 497,461 954,524 119,924 790,989 910,913 Commercial and Industrial 513,877 267,730 781,607 670,318 1,444,347 2,114,665 Consumer 234,574 660,726 895,300 320,071 1,338,813 1,658,884 Total 30 - 89 days past due 3,703,470 6,715,915 10,419,385 7,987,614 11,795,595 19,783,209 90 or more days past due Commercial Real Estate: Owner Occupied 2,687,996 2,687,996 — — — Investment — — — — 139,247 139,247 Residential Real Estate: First Lien-Owner Occupied — — — — 103,365 103,365 Commercial and Industrial 94,207 9,102 103,309 — — — Consumer — — — — 54 54 Total 90 or more days past due 2,782,203 9,102 2,791,305 — 242,666 242,666 Total accruing past due loans 6,485,673 6,725,017 13,210,690 7,987,614 12,038,261 20,025,875 Recorded Investment Non-accruing loans: Commercial Real Estate: Owner Occupied — 247,624 247,624 — 182,261 182,261 Investment 576,671 52,121 628,792 — 51,070 51,070 Land and A&D — 9,525 9,525 — 45,000 45,000 Residential Real Estate: First Lien-Investment 192,501 310,629 503,130 192,501 292,758 485,259 First Lien-Owner Occupied 249,298 1,734,557 1,983,855 262,194 2,027,974 2,290,168 Land and A&D 284,179 197,199 481,378 277,704 201,737 479,441 HELOC and Jr. Liens — 674,106 674,106 — 690,732 690,732 Commercial and Industrial 241,972 45,319 287,291 191,388 45,269 236,657 Consumer 36,792 149,836 186,628 15,658 180,846 196,504 Non-accruing past due loans: 1,581,413 3,420,916 5,002,329 939,445 3,717,647 4,657,092 Total Loans $ 1,757,773,131 $ 666,999,976 $ 2,424,773,107 $ 1,668,118,171 $ 745,493,915 $ 2,413,612,086 We consider all nonperforming loans and troubled debt restructurings (“TDRs”) to be impaired. We do not June 30, 2019 December 31, 2018. Impaired Loans Three months June 30, 2019 Six months June 30, 2019 Unpaid Average Interest Average Interest Principal Recorded Related Recorded Income Recorded Income Balance Investment Allowance Investment Recognized Investment Recognized Legacy With no related allowance recorded: Commercial Real Estate: Owner Occupied $ 1,666,212 $ 1,666,212 $ — $ 1,496,241 $ 14,882 1,502,767 $ 25,281 Investment 1,711,553 1,711,553 — 1,894,290 12,408 1,900,804 36,333 Land and A&D — — — — — — — Residential Real Estate: First Lien-Investment — — — — — — — First Lien-Owner Occupied 249,298 249,298 — 276,661 3,801 278,297 5,930 Commercial and Industrial 333,399 333,399 — 336,972 2,967 341,295 5,074 Consumer 25,767 25,767 — 26,571 516 27,546 1,105 With an allowance recorded: Commercial Real Estate: Residential Real Estate: First Lien-Investment 192,501 192,501 39,420 192,501 — 192,501 — First Lien-Owner Occupied — — — — — — — Land and A&D 284,179 284,179 25,000 284,179 — 283,400 — Commercial and Industrial 241,972 241,972 76,307 242,610 — 242,610 — Consumer 11,025 11,025 1,328 12,098 324 12,439 770 Total legacy impaired 4,715,906 4,715,906 142,055 4,762,123 34,898 4,781,659 74,493 Acquired(1) With no related allowance recorded: Commercial Real Estate: Owner Occupied 267,823 267,823 — 267,594 — 267,305 — Investment — — — — — — — Land and A&D — — — — — — — Residential Real Estate: First Lien-Owner Occupied 1,838,165 1,824,112 — 1,961,652 59,476 1,970,060 80,372 First Lien-Investment — — — — — — — Land and A&D 53,739 53,739 — 60,178 2,156 60,733 3,217 HELOC and Jr. Lien 441,957 441,957 — 462,039 8,869 469,406 15,360 Commercial 65,526 65,526 — 65,897 838 66,477 1,681 Consumer 100,194 100,194 — 120,703 1,070 130,286 3,009 With an allowance recorded: Commercial Real Estate: Investment 72,408 72,408 14,340 163,876 — 163,876 — Land and A&D 293,376 9,525 9,525 327,682 — 328,263 — Residential Real Estate: Land and A&D 154,297 154,297 86,297 161,153 — 151,153 — First Lien-Investment 315,751 315,751 85,653 323,147 — 319,485 — First Lien-Owner Occupied 322,513 322,513 136,374 316,734 319,607 HELOC and Jr. Lien 242,580 242,580 81,435 240,932 244,163 Commercial and Industrial 48,750 48,750 48,750 48,750 — 48,750 — Consumer 75,726 75,726 9,925 88,893 991 93,710 3,195 Total acquired impaired 4,292,805 3,994,901 472,299 4,609,230 73,400 4,633,274 106,834 Total impaired $ 9,008,711 $ 8,710,807 $ 614,354 $ 9,371,353 $ 108,298 9,414,933 $ 181,327 ( 1 U.S. GAAP requires that we record acquired loans at fair value at acquisition, which includes a discount for loans with credit impairment. These purchased credit impaired loans are not not Impaired Loans December 31, 2018 Unpaid Average Interest Principal Recorded Related Recorded Income Balance Investment Allowance Investment Recognized Legacy With no related allowance recorded: Commercial Real Estate: Owner Occupied $ 1,737,394 $ 1,737,394 $ — $ 1,766,117 $ 74,203 Investment 1,688,661 1,688,661 — 1,716,183 88,410 Residential Real Estate: First Lien-Owner Occupied 262,194 262,194 — 285,514 11,412 Land and A&D 277,704 277,704 — 277,704 — Consumer 1,495 1,495 — 10,707 1,130 With an allowance recorded: Residential Real Estate: First Lien-Owner Occupied First Lien-Investment 192,501 192,501 39,420 192,501 — Commercial and Industrial 148,349 148,349 13,149 152,898 3,926 Consumer 14,163 14,163 1,416 27,217 1,129 Total legacy impaired 4,808,509 4,808,509 53,985 4,938,812 198,805 Acquired(1) With no related allowance recorded: Commercial Real Estate: Owner Occupied 283,083 232,635 — 542,654 3,281 Residential Real Estate: First Lien-Owner Occupied 2,127,854 2,011,286 — 2,159,327 38,636 Land and A&D 58,659 58,659 — 62,178 2,896 Consumer 22,139 22,139 — 26,027 364 With an allowance recorded: Commercial Real Estate: Owner Occupied Investment 72,408 72,408 14,340 163,876 2,750 First Lien-Owner Occupied 459,033 459,033 98,008 482,422 7,695 First Lien-Investment 298,187 298,187 62,701 310,862 7,871 Land and A&D 154,297 154,297 99,517 159,819 — HELOC and Jr. Lien 533,565 533,565 78,814 534,204 12,254 Commercial and Industrial 48,750 48,750 48,750 48,750 237 Consumer 188,102 188,102 19,053 231,978 11,619 Total acquired impaired 4,810,584 4,359,717 466,183 5,289,532 96,107 Total impaired $ 9,619,093 $ 9,168,226 $ 520,168 $ 10,228,344 $ 294,912 ( 1 U.S. GAAP requires that we record acquired loans at fair value at acquisition, which includes a discount for loans with credit impairment. These purchased credit impaired loans are not not We consider a loan a TDR when we conclude that both of the following conditions exist: the restructuring constitutes a concession and the debtor is experiencing financial difficulties. Restructured loans at June 30, 2019 seven $2.3 seven $2.4 December 31, 2018. We had no three six June 30, 2019. no three six June 30, 2019 2018. The following table includes the recorded investment in and number of modifications of TDRs for the three six June 30, 2019 2018. no three three six June 30, 2019 2018. Loans Modified as a TDR for the three months ended June 30, 2019 June 30, 2018 Pre- Post Pre- Post Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Troubled Debt Restructurings— # of Recorded Recorded # of Recorded Recorded (Dollars in thousands) Contracts Investment Investment Contracts Investment Investment Legacy Residential Real Estate Owner Occupied — — — 1 201,449 28,556 Total legacy TDRs — $ — $ — $ 201,449 $ 28,556 Loans Modified as a TDR for the six months ended June 30, 2019 June 30, 2018 Pre- Post Pre- Post Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Troubled Debt Restructurings— # of Recorded Recorded # of Recorded Recorded (Dollars in thousands) Contracts Investment Investment Contracts Investment Investment Legacy Residential Real Estate Owner Occupied — — — 1 201,449 28,556 Total legacy TDRs — $ — $ — 1 $ 201,449 $ 28,556 Acquired impaired loans The following table documents changes in the accretable (premium) discount on acquired impaired loans during the six June 30, 2019 2018, June 30, 2019 June 30, 2018 Balance at beginning of period $ 124,090 $ 115,066 Additions due to BYBK acquisition — 50,984 Accretion of fair value discounts (975,109 ) (404,846 ) Reclassification (to)/from non-accretable discount 938,283 414,317 Balance at end of period $ 87,264 $ 175,521 Contractually Required Payments Receivable Carrying Amount At June 30, 2019 $ 9,389,589 $ 8,236,699 At December 31, 2018 11,146,165 9,396,862 At June 30, 2018 19,588,843 15,209,609 At December 31, 2017 8,277,731 6,617,774 Credit Quality Indicators We review the adequacy of the allowance for loan losses at least quarterly. We base the evaluation of the adequacy of the allowance for loan losses upon loan categories. We categorize loans as residential real estate loans, commercial real estate loans, commercial loans and consumer loans. We further divide commercial real estate loans by owner occupied, investment, hospitality and land acquisition and development. We also divide residential real estate by owner occupied, investment, land acquisition and development and junior liens. All categories are divided by risk rating and loss factors and weighed by risk rating to determine estimated loss amounts. We evaluate delinquent loans and loans for which management has knowledge about possible credit problems of the borrower or knowledge of problems with collateral separately and assign loss amounts based upon the evaluation. We determine loss ratios for all loans based upon a review of the three We charge off loans that management has identified as losses. We consider suggestions from our external loan review firm and bank examiners when determining which loans to charge off. We automatically charge off consumer loan accounts based on regulatory requirements. We partially charge off real estate loans that are collateral dependent based on the value of the collateral. If a loan that was previously rated a pass performing loan, from our acquisitions, deteriorates subsequent to the acquisition, the subject loan will be assessed for risk and, if necessary, evaluated for impairment. If the risk assessment rating is adversely changed and the loan is determined to not no no The following tables outline the class of loans by risk rating at June 30, 2019 December 31, 2018: Account Balance June 30, 2019 Legacy Acquired Total Risk Rating Pass(1 - 5) Commercial Real Estate: Owner Occupied $ 305,688,894 $ 129,248,568 $ 434,937,462 Investment 611,979,200 181,415,246 793,394,446 Hospitality 196,356,242 19,069,944 215,426,186 Land and A&D 70,866,193 6,907,857 77,774,050 Residential Real Estate: First Lien-Investment 119,614,236 40,798,402 160,412,638 First Lien-Owner Occupied 107,603,041 126,314,521 233,917,562 Land and A&D 44,488,764 10,849,838 55,338,602 HELOC and Jr. Liens 22,398,293 35,016,034 57,414,327 Commercial 250,352,071 71,250,229 321,602,300 Consumer 14,106,721 28,383,452 42,490,173 1,743,453,655 649,254,091 2,392,707,746 Special Mention(6) Commercial Real Estate: Owner Occupied 412,612 1,275,663 1,688,275 Investment 1,051,553 926,487 1,978,040 Land and A&D — 190,373 190,373 Residential Real Estate: First Lien-Investment 283,799 1,767,409 2,051,208 First Lien-Owner Occupied 59,289 1,526,553 1,585,842 Land and A&D 2,053,663 99,892 2,153,555 HELOC and Jr. Liens — 1,037,107 1,037,107 Commercial 310,389 2,906,667 3,217,056 Consumer — 124,752 124,752 4,171,305 9,854,903 14,026,208 Substandard(7) Commercial Real Estate: Owner Occupied 5,882,753 1,634,388 7,517,141 Investment 1,666,212 448,417 2,114,629 Land and A&D — 9,525 9,525 Residential Real Estate: First Lien-Investment 513,068 1,426,501 1,939,569 First Lien-Owner Occupied 249,298 3,113,356 3,362,654 Land and A&D 284,179 197,199 481,378 HELOC and Jr. Liens — 763,389 763,389 Commercial 1,515,869 119,371 1,635,240 Consumer 36,792 178,836 215,628 10,148,171 7,890,982 18,039,153 Doubtful(8) — — — Loss(9) — — — Total $ 1,757,773,131 $ 666,999,976 $ 2,424,773,107 Account Balance December 31, 2018 Legacy Acquired Total Risk Rating Pass(1 - 5) Commercial Real Estate: Owner Occupied $ 293,682,007 $ 137,978,800 $ 431,660,807 Investment 589,763,511 194,092,985 783,856,496 Hospitality 172,189,046 13,134,019 185,323,065 Land and A&D 71,908,761 21,514,420 93,423,181 Residential Real Estate: First Lien-Investment 103,270,617 45,431,446 148,702,063 First Lien-Owner Occupied 108,371,748 134,959,907 243,331,655 Land and A&D 40,268,376 16,524,667 56,793,043 HELOC and Jr. Liens 20,749,184 41,196,500 61,945,684 Commercial 237,713,832 89,049,308 326,763,140 Consumer 16,273,489 34,674,679 50,948,168 1,654,190,571 728,556,731 2,382,747,302 Special Mention(6) Commercial Real Estate: Owner Occupied 420,347 1,303,849 1,724,196 Investment 1,077,635 557,687 1,635,322 Land and A&D — 201,447 201,447 Residential Real Estate: First Lien-Investment 289,618 1,709,025 1,998,643 First Lien-Owner Occupied 62,136 1,522,737 1,584,873 Land and A&D 2,093,081 102,030 2,195,111 Commercial 174,729 174,429 349,158 Consumer — 30,848 30,848 4,117,546 5,602,052 9,719,598 Substandard(7) Commercial Real Estate: Owner Occupied 5,163,921 1,610,057 6,773,978 Investment 1,688,661 1,232,330 2,920,991 Land and A&D — 45,000 45,000 Residential Real Estate: First Lien-Investment 523,815 1,342,869 1,866,684 First Lien-Owner Occupied 262,194 3,738,945 4,001,139 Land and A&D 277,704 201,737 479,441 HELOC and Jr. Liens — 742,623 742,623 Commercial 1,878,101 2,207,987 4,086,088 Consumer 15,658 213,584 229,242 9,810,054 11,335,132 21,145,186 Doubtful(8) — — — Loss(9) — — — Total $ 1,668,118,171 $ 745,493,915 $ 2,413,612,086 The following table details activity in the allowance for loan losses by portfolio segment for the three six June 30, 2019 2018. one not Commercial Commercial Residential Three Months Ended June 30, 2019 and Industrial Real Estate Real Estate Consumer Total Beginning balance $ 1,802,347 $ 4,857,156 $ 1,079,483 $ 69,156 $ 7,808,142 Provision for loan losses (136,873 ) 24,682 160,509 24,265 72,583 Recoveries 200 417 43,911 11,344 55,872 Total 1,665,674 4,882,255 1,283,903 104,765 7,936,597 Loans charged off — — — (46,862 ) (46,862 ) Ending Balance $ 1,665,674 $ 4,882,255 $ 1,283,903 $ 57,903 $ 7,889,735 Commercial Commercial Residential Six Months Ended June 30, 2019 and Industrial Real Estate Real Estate Consumer Total Beginning balance $ 1,562,740 $ 4,728,694 $ 1,081,394 $ 98,195 $ 7,471,023 Provision for loan losses 96,089 152,727 156,507 81,435 486,758 Recoveries 10,953 834 47,030 38,896 97,713 Total 1,669,782 4,882,255 1,284,931 218,526 8,055,494 Loans charged off (4,108 ) — (1,028 ) (160,623 ) (165,759 ) Ending Balance $ 1,665,674 $ 4,882,255 $ 1,283,903 $ 57,903 $ 7,889,735 Amount allocated to: Legacy Loans: Individually evaluated for impairment $ 76,307 $ — $ 64,420 $ 1,328 $ 142,055 Other loans not individually evaluated 1,540,617 4,858,390 829,724 46,650 7,275,381 Acquired Loans: Individually evaluated for impairment 48,750 23,865 389,759 9,925 472,299 Ending balance $ 1,665,674 $ 4,882,255 $ 1,283,903 $ 57,903 $ 7,889,735 Commercial Commercial Residential Three Months Ended June 30, 2018 and Industrial Real Estate Real Estate Consumer Total Beginning balance $ 1,211,958 $ 4,231,433 $ 776,298 $ 37,830 $ 6,257,519 Provision for loan losses 465,140 (34,959 ) (36,923 ) 138,999 532,257 Recoveries 3,350 278 12,079 3,208 18,915 Total 1,680,448 4,196,752 751,454 180,037 6,808,691 Loans charged off — — (1,824 ) (102,290 ) (104,114 ) Ending Balance $ 1,680,448 $ 4,196,752 $ 749,630 $ 77,747 $ 6,704,577 Commercial Commercial Residential Six Months Ended June 30, 2018 and Industrial Real Estate Real Estate Consumer Total Beginning balance $ 1,262,030 $ 3,783,735 $ 844,355 $ 30,466 $ 5,920,586 Provision for loan losses 414,768 412,600 (105,012 ) 204,797 927,153 Recoveries 3,650 417 12,111 6,853 23,031 Total 1,680,448 4,196,752 751,454 242,116 6,870,770 Loans charged off — — (1,824 ) (164,369 ) (166,193 ) Ending Balance $ 1,680,448 $ 4,196,752 $ 749,630 $ 77,747 $ 6,704,577 Amount allocated to: Legacy Loans: Individually evaluated for impairment $ 94,666 $ — $ 76,495 $ — $ 171,161 Other loans not individually evaluated 1,538,766 4,100,361 584,412 49,608 6,273,147 Acquired Loans: Individually evaluated for impairment 47,016 96,391 88,723 28,139 260,269 Ending balance $ 1,680,448 $ 4,196,752 $ 749,630 $ 77,747 $ 6,704,577 Our recorded investment in loans at June 30, 2019 2018 Commercial Commercial Residential June 30, 2019 and Industrial Real Estate Real Estate Consumer Total Legacy loans: Individually evaluated for impairment with specific reserve $ 241,972 $ — $ 476,680 $ 11,025 $ 729,677 Individually evaluated for impairment without specific reserve 333,399 3,377,765 249,298 25,767 3,986,229 Other loans not individually evaluated 251,602,958 1,190,525,894 296,821,652 14,106,721 1,753,057,225 Acquired loans: Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition) 48,750 81,933 1,035,141 75,726 1,241,550 Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition) 65,526 267,823 2,319,808 100,194 2,753,351 Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition) 199,982 3,404,876 4,596,366 — 8,201,224 Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition) 73,962,009 337,371,836 214,958,886 28,511,120 654,803,851 Ending balance $ 326,454,596 $ 1,535,030,127 $ 520,457,831 $ 42,830,553 $ 2,424,773,107 Commercial Commercial Residential June 30, 2018 and Industrial Real Estate Real Estate Consumer Total Legacy loans: Individually evaluated for impairment with specific reserve $ 94,666 $ — $ 1,116,563 $ — $ 1,211,229 Individually evaluated for impairment without specific reserve 368,654 2,696,286 412,496 — 3,477,436 Other loans not individually evaluated 204,668,539 1,087,944,518 228,738,227 17,073,514 1,538,424,798 Acquired loans: Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition) 69,970 199,297 253,437 28,556 551,260 Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition) 147,351 725,944 2,071,530 32,926 2,977,751 Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition) 657,508 8,737,493 5,794,810 19,798 15,209,609 Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition) 101,663,343 388,044,140 258,213,244 42,389,405 790,310,132 Ending balance $ 307,670,031 $ 1,488,347,678 $ 496,600,307 $ 59,544,199 $ 2,352,162,215 |