Carter Bankshares (CARE) 10-Q 5 Aug 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Aug. 01, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	001-39731
Entity Registrant Name	CARTER BANKSHARES, INC.
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	85-3365661
Entity Address, Address Line One	1300 Kings Mountain Road
Entity Address, City or Town	Martinsville
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	24112
City Area Code	276
Local Phone Number	656-1776
Title of 12(b) Security	Common Stock, $1 par value
Trading Symbol	CARE
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		26,466,748
Entity Central Index Key	0001829576
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Cash and Due From Banks	$ 41,850	$ 38,535
Interest-Bearing Deposits in Other Financial Institutions	72,538	39,954
Federal Reserve Bank Excess Reserves	102,263	163,453
Total Cash and Cash Equivalents	216,651	241,942
Securities Available-for-Sale	843,538	778,679
Loans Held-for-Sale	9,311	25,437
Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value	0	9,835
Portfolio Loans	2,916,654	2,947,170
Allowance for Credit Losses	(109,319)	(54,074)
Portfolio Loans, net	2,807,335	2,893,096
Bank Premises and Equipment, net	73,301	85,307
Bank Premises and Equipment, Held-for-Sale, net	0	2,293
Other Real Estate Owned, net	21,250	15,722
Federal Home Loan Bank Stock, at Cost	3,215	5,093
Bank Owned Life Insurance	54,679	53,997
Other Assets	91,233	67,778
Total Assets	4,120,513	4,179,179
LIABILITIES
Noninterest-Bearing Demand	720,231	699,229
Interest-Bearing Demand	414,677	366,201
Money Market	405,962	294,229
Savings	661,303	625,482
Certificates of Deposit	1,457,168	1,614,770
Deposits Held-for-Assumption in Connection with Sale of Bank Branches	0	84,717
Total Deposits	3,659,341	3,684,628
Federal Home Loan Bank Borrowings	30,000	35,000
Other Liabilities	32,064	19,377
Total Liabilities	3,721,405	3,739,005
SHAREHOLDERS’ EQUITY
Common Stock, Par Value $1.00 per share, Authorized 100,000,000 Shares Outstanding 26,466,748 at June 30, 2021 and 26,385,041 at December 31, 2020	26,467	26,385
Additional Paid-in Capital	143,874	143,457
Retained Earnings	218,692	254,611
Accumulated Other Comprehensive Income	10,075	15,721
Total Shareholders’ Equity	399,108	440,174
Total Liabilities and Shareholders’ Equity	$ 4,120,513	$ 4,179,179

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock, par value (in usd per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	26,466,748	26,385,041
Common stock, shares outstanding (in shares)	26,466,748	26,385,041

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Loans, including fees
Taxable	$ 28,417	$ 29,577	$ 56,562	$ 60,374
Non-Taxable	1,237	2,024	2,649	4,126
Investment Securities
Taxable	3,138	3,594	6,125	8,096
Non-Taxable	215	329	541	490
FRB Excess Reserves	33	26	59	162
Interest on Bank Deposits	23	0	47	74
Dividend Income	31	67	68	131
Total Interest Income	33,094	35,617	66,051	73,453
Interest Expense
Interest Expense on Deposits	5,760	9,237	12,055	19,732
Interest Expense on Federal Funds Purchased	0	0	0	1
Interest on Other Borrowings	131	118	264	194
Total Interest Expense	5,891	9,355	12,319	19,927
NET INTEREST INCOME	27,203	26,262	53,732	53,526
Provision for Credit Losses	967	5,473	2,824	10,271
Provision for unfunded commitments	(603)	0	(885)	0
Net Interest Income After Provision for Credit Losses	26,839	20,789	51,793	43,255
NONINTEREST INCOME
Gain on Sales of Securities, net	1,499	2,321	5,109	3,535
Bank Owned Life Insurance Income	342	350	682	703
Gains on Sales of Other Real Estate Owned, net	0	137	0	0
Other	910	196	1,688	817
Total Noninterest Income	7,238	6,201	16,190	13,016
NONINTEREST EXPENSE
Salaries and Employee Benefits	13,686	12,489	26,268	26,070
Occupancy Expense, net	3,451	3,415	6,965	6,664
FDIC Insurance Expense	657	537	1,300	1,081
Other Taxes	718	788	1,480	1,534
Advertising Expense	220	394	390	1,006
Telephone Expense	588	573	1,188	1,147
Professional and Legal Fees	1,440	1,399	2,664	1,836
Data Processing	954	595	1,875	1,081
Losses on Sales and Write-downs of Other Real Estate Owned, net	2,603	0	2,815	52
Losses on Sales and Write-downs on Bank Premises, net	64	59	107	71
Debit Card Expense	713	671	1,345	1,225
Tax Credit Amortization	427	272	854	544
Unfunded Loan Commitment Expense	0	(383)	0	599
Other Real Estate Owned Expense	142	177	196	317
Other	2,096	2,037	3,917	4,407
Total Noninterest Expense	27,759	23,023	51,364	47,634
Income Before Income Taxes	6,318	3,967	16,619	8,637
Income Tax Provision (Benefit)	886	(488)	1,812	(241)
Net Income	$ 5,432	$ 4,455	$ 14,807	$ 8,878
Earnings per Common Share
Basic Earnings per Common Share (in usd per share)	$ 0.21	$ 0.17	$ 0.56	$ 0.34
Diluted Earnings per Common Share (in usd per share)	$ 0.21	$ 0.17	$ 0.56	$ 0.34
Average shares Outstanding - Basic (in shares)	26,344,104	26,296,429	26,314,943	26,285,275
Average shares outstanding - Diluted (in shares)	26,344,104	26,296,429	26,314,943	26,285,275
Service Charges, Commissions and Fees
NONINTEREST INCOME
Revenue from contract with customer	$ 1,489	$ 190	$ 3,298	$ 1,840
Debit Card Interchange Fees
NONINTEREST INCOME
Revenue from contract with customer	1,874	1,468	3,705	2,711
Insurance Commissions
NONINTEREST INCOME
Revenue from contract with customer	378	332	672	1,641
Other Real Estate Owned Income
NONINTEREST INCOME
Revenue from contract with customer	4	82	75	221
Commercial Loan Swap Fee Income
NONINTEREST INCOME
Revenue from contract with customer	$ 742	$ 1,125	$ 961	$ 1,548

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement of Other Comprehensive Income [Abstract]
Net Income	$ 5,432	$ 4,455	$ 14,807	$ 8,878
Net Unrealized Gains (Losses) on Securities Available-for-Sale:
Net Unrealized Gains (Losses) Arising during the Period	8,456	14,422	(2,038)	16,426
Reclassification Adjustment for Gains included in Net Income	(1,499)	(2,321)	(5,109)	(3,535)
Tax Effect	(1,461)	(2,541)	1,501	(2,707)
Net Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss)	5,496	9,560	(5,646)	10,184
Other Comprehensive Income (Loss)	5,496	9,560	(5,646)	10,184
Comprehensive Income	$ 10,928	$ 14,015	$ 9,161	$ 19,062

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Impact of Topic 326 Adoption	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained EarningsImpact of Topic 326 Adoption	Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2019	$ 473,111		$ 26,334	$ 142,492	$ 304,158		$ 127
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	8,878				8,878
Other Comprehensive Income (Loss), Net of Tax	10,184						10,184
Recognition of Restricted Stock Compensation Expense	575			575
Dividends Declared	(3,689)				(3,689)
Forfeitures of Restricted Stock	0		(3)	3
Issuance of Restricted Stock	0		54	(54)
Ending balance at Jun. 30, 2020	$ 489,059		26,385	143,016	309,347		10,311
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Forfeitures of restricted stock (in shares)	2,484
Beginning balance at Mar. 31, 2020	$ 474,821		26,386	142,792	304,892		751
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	4,455				4,455
Other Comprehensive Income (Loss), Net of Tax	9,560						9,560
Recognition of Restricted Stock Compensation Expense	223			223
Forfeitures of Restricted Stock	0		(1)	1
Ending balance at Jun. 30, 2020	$ 489,059		26,385	143,016	309,347		10,311
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Forfeitures of restricted stock (in shares)	384
Beginning balance at Dec. 31, 2020	$ 440,174	$ (50,726)	26,385	143,457	254,611	$ (50,726)	15,721
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	14,807				14,807
Other Comprehensive Income (Loss), Net of Tax	(5,646)						(5,646)
Recognition of Restricted Stock Compensation Expense	499			499
Forfeitures of Restricted Stock	0		(1)	1
Issuance of Restricted Stock	0		83	(83)
Ending balance at Jun. 30, 2021	399,108		26,467	143,874	218,692		10,075
Beginning balance at Mar. 31, 2021	387,889		26,468	143,582	213,260		4,579
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	5,432				5,432
Other Comprehensive Income (Loss), Net of Tax	5,496						5,496
Recognition of Restricted Stock Compensation Expense	291			291
Forfeitures of Restricted Stock	0		(1)	1
Ending balance at Jun. 30, 2021	$ 399,108		$ 26,467	$ 143,874	$ 218,692		$ 10,075
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Forfeitures of restricted stock (in shares)	783

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Parenthetical) - $ / shares	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Accounting Standards Update [Extensible Enumeration]			us-gaap:AccountingStandardsUpdate201613Member
Dividends declared (in usd per share)		$ 0.14
Forfeitures of restricted stock (in shares)		2,484
Issuance of restricted stock (in shares)	82,490	53,056

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
OPERATING ACTIVITIES
Net Income	$ 14,807	$ 8,878
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities
Provision for Credit Losses	1,939	10,271
Origination of Loans Held-for-Sale	(414,780)	(266,307)
Proceeds From Loans Held-for-Sale	431,090	276,740
Depreciation/Amortization of Bank Premises and Equipment	3,113	3,016
Provision (Benefit) for Deferred Taxes	1,999	(1,159)
Net Amortization of Securities	1,879	1,724
Tax Credit Amortization	854	544
Gains on Sales of Mortgage Loans Held-for-Sale	(184)	(64)
Gain on Sales of Securities, net	(5,109)	(3,535)
Write-downs of Other Real Estate Owned	3,211	70
Gains on Sales of Other Real Estate Owned, Net	(396)	(18)
Losses on Sales and Write-downs on Bank Premises, net	107	71
Premiums on Branch Sales	(506)	0
Increase in the Value of Life Insurance Contracts	(682)	(703)
Recognition of Restricted Stock Compensation Expense	499	575
Increase in Other Assets	(8,957)	(20,138)
Decrease in Other Liabilities	(5,447)	(1,010)
Net Cash Provided By Operating Activities	23,437	8,955
Securities Available-for-Sale:
Proceeds from Sales	108,300	96,669
Proceeds from Maturities, Redemptions, and Pay-downs	52,183	43,534
Purchases	(215,175)	(128,688)
Purchase of Bank Premises and Equipment, Net	(3,248)	(6,873)
Net Cash Paid In Branch Sales	(73,923)	0
Purchase of Federal Home Loan Bank Stock	0	(1,062)
Redemption of Federal Home Loan Bank Stock	1,878	82
Loan Originations and Payments, net	28,891
Loan Originations and Payments, net		(74,912)
Payments Received on Other Real Estate Owned	230	245
Other Real Estate Owned Improvements	0	(19)
Proceeds from Sales and Payments of Other Real Estate Owned	3,440	1,742
Net Cash Used In Investing Activities	(97,424)	(69,282)
FINANCING ACTIVITIES
Net Change in Demand, Money Markets and Savings Accounts	217,745	237,083
Decrease in Certificates of Deposits	(164,049)	(134,621)
Payments of Federal Home Loan Bank Borrowings	(5,000)
Proceeds from Federal Home Loan Bank Borrowings		25,000
Cash Dividends Paid	0	(3,689)
Net Cash (Used In) Provided by Financing Activities	48,696	123,773
Net (Decrease) Increase in Cash and Cash Equivalents	(25,291)	63,446
Cash and Cash Equivalents at Beginning of Period	241,942	125,812
Cash and Cash Equivalents at End of Period	216,651	189,258
SUPPLEMENTARY DATA
Cash Interest Paid	12,759	20,272
Cash Paid for Income Taxes	820	240
Transfer from Loans to Other Real Estate Owned	0	707
Transfer from Fixed Assets to Other Real Estate Owned	12,013	235
Security (Purchases) Settled in Subsequent Period	(14,084)	(3,225)
Right-of-use Asset Recorded in Exchange for Lease Liabilities	$ 2,027	$ 0

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION Principles of Consolidation: The interim Consolidated Financial Statements include the accounts of Carter Bankshares, Inc. (the “Company”) and its wholly owned subsidiaries, including Carter Bank & Trust (the “Bank”). All significant intercompany transactions have been eliminated in consolidation. Basis of Presentation: The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles (“GAAP”), in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the audited Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission (“SEC”), on March 12, 2021. In management’s opinion, the accompanying interim financial information reflects all adjustments, consisting of normal recurring adjustments, necessary to present fairly our financial position and the results of operations for each of the interim periods presented. Results of operations for interim periods are not necessarily indicative to the results of operations that may be expected for a full year or any future period. Reorganization: The Company was incorporated on October 7, 2020, by and at the direction of the board of directors of the Bank, for the sole purpose of acquiring the Bank and serving as the Bank’s parent bank holding company pursuant to a corporate reorganization transaction (the “Reorganization”). The Reorganization was completed on November 20, 2020 pursuant to an Agreement and Plan of Reorganization among the Bank, the Company and CBT Merger Sub, Inc., and the Bank survived the Reorganization as a wholly-owned subsidiary of the Company. In the Reorganization, each of the outstanding shares of the Bank’s common stock was converted into and exchanged for one newly issued share of the Company’s common stock. Reclassification: Certain reclassifications have been made to the prior period financial statements to conform to the current period presentation. Reclassifications had no material effect on prior year net income or shareholders’ equity. Use of Estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Those estimates and assumptions affect the amounts reported in the consolidated financial statements and the disclosures provided. Actual results could differ from those estimates. Information available which could affect these judgments include, but are not limited to, changes in interest rates, changes in the performance of the economy, including COVID-19 related changes, and changes in the financial condition of borrowers. The CARES Act: In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted on March 27, 2020. The CARES Act provided approximately $2.2 trillion in emergency economic relief measures including, among other things, loan programs for small and mid-sized businesses and other economic relief for impacted businesses and industries, including financial institutions. Many of the CARES Act’s programs depend upon the direct involvement of U.S. financial institutions and have been implemented through rules and guidance adopted by federal departments and agencies, including the U.S. Department of the Treasury, the Federal Deposit Insurance Corporation (the “FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and other federal bank regulatory authorities, including those with direct supervisory jurisdiction over the Company and the Bank. Set forth below is a brief overview of certain provisions of the CARES Act and certain other regulations and supervisory guidance related to the COVID-19 pandemic that are applicable to the operations and activities of the Company and the Bank. The following description is qualified in its entirety by reference to the full text of the CARES Act and the statutes, regulations, and policies described herein. Such statutes, regulations, and policies are subject to ongoing review by U.S. Congress and federal regulatory authorities. Future amendments to the provisions of the CARES Act or changes to any of the statutes, regulations, or regulatory policies applicable to the Company or the Bank could have a material effect on the Company and the Bank. Many of the requirements called for in the CARES Act and related regulations and supervisory guidance continue to be implemented and most are subject to implementing regulations, many of which continue to be refined by federal banking agencies. The Company and the Bank continue to assess the impact of the CARES Act and other statutes, regulations and supervisory guidance related to the COVID-19 pandemic. Paycheck Protection Program (“PPP”) PPP is a program administered as part of the Small Business Administration’s (“SBA”) 7-A loan program. The PPP is a guaranteed, unsecured loan program created to fund certain payroll and operating costs of eligible businesses, organizations and self-employed persons during the COVID-19 pandemic. Initially, $349 billion was approved and designated for the PPP in order for the SBA to guarantee 100% of collective loans made under the program to eligible small businesses, nonprofits, veteran’s organizations, and tribal businesses. The Bank became an approved SBA 7-A lender in the second quarter of 2020. We participated in the initial round of funding through a referral relationship with a third-party, non-bank lender. When an additional $310 billion in funds were approved and designated for the PPP in April 2020, the Bank opted to set up an internal, automated loan process utilizing its core system provider. Congress enacted the Consolidated Appropriations Act, 2021 (the “CAA”) on December 27, 2020, which amended the CARES Act and included (i) the Economic Aid to Hard-Hit Small Businesses, Non-profits, and Venues Act, (ii) the COVID-Related Tax Relief Act of 2020, and (iii) the Taxpayer Certainty and Disability Relief Act of 2020. These laws include significant clarifications and modifications to the PPP, which had terminated on August 8, 2020. In particular, Congress revived PPP and allocated an additional $284 billion in the PPP funds for 2021. As a participating PPP lender, the Bank continues to monitor legislative, regulatory, and supervisory developments related thereto. Troubled Debt Restructurings (“TDRs”) and Loan Modifications for Affected Borrowers The CARES Act permits banks to suspend requirements under GAAP for certain loan modifications to borrowers affected by COVID-19 that would otherwise be characterized as TDRs and suspend any determination related thereto if (i) the loan modification is made between March 1, 2020 and the earlier of December 31, 2020 or 60 days after the end of the COVID-19 emergency declaration and (ii) the applicable loan was not more than 30 days past due as of December 31, 2019. The provisions of the CARES Act dealing with temporary relief related to TDRs were extended pursuant to the CAA which was signed into law on December 27, 2020. The CAA extended the “applicable” period to the earlier of January 1, 2022 or 60 days after the date on which the national emergency concerning the COVID-19 pandemic terminates. The federal banking agencies also issued guidance to encourage banks to make loan modifications for borrowers affected by the COVID-19 pandemic and to assure banks that they will not be criticized by examiners for making such modifications. The Bank is currently applying this guidance to qualifying loan modifications. FRB Programs and Initiatives Related to the COVID-19 Pandemic In response to COVID-19, the FRB’s Federal Open Market Committee (the “FOMC”) on March 16, 2020, set the federal funds target rate at 0-0.25%. Consistent with FRB policy, the FRB has committed to the use of overnight reverse repurchase agreements as a supplementary policy tool, as necessary, to help control the federal funds rate and keep it in the target range set by the FOMC. Newly Adopted Pronouncements in 2021: In December 2019, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendments in this ASU simplifies the accounting for income taxes by removing certain exceptions and improves the consistent application of GAAP by clarifying and amending other existing guidance. The amendments in this ASU became effective on January 1, 2021 and did not have any material impact on our consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, universally referred to as Current Expected Credit Loss (“CECL”). The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today are still permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For periodic report filers that are not smaller reporting companies, such as the Company, this standard (Topic 326) was effective as of January 1, 2020. The Company elected to take advantage of Section 4014 of the CARES Act provision to temporarily delay adoption of the CECL methodology. The Company was subject to the adoption of the CECL accounting method under FASB ASU 2016-03 and related amendments, Financial Instruments – Credit Losses (Topic 326). The CARES Act allowed companies to defer the implementation of CECL until the earlier of when the national emergency related to the outbreak of COVID-19 ends or December 31, 2020 which was later extended to January 1, 2022. The Company adopted the CECL accounting method as of January 1, 2021 as allowed under the provisions of the CARES Act. The Bank’s CECL Committee, which includes members from Credit Administration, Accounting/Finance, Risk Management and Internal Audit, has oversight by the Chief Executive Officer, Chief Financial Officer, and Chief Credit Officer. We engaged a third-party to assist us in developing our CECL model and to assist with evaluation of data and methodologies related to this standard. As part of its process of adopting CECL, management implemented a third party software solution and determined appropriate loan segments, methodologies, model assumptions and qualitative components. Our CECL model includes portfolio loan segmentation based upon similar risk characteristics and both a quantitative and qualitative component of the calculation which incorporates a forecasting component of certain economic variables. Our implementation plan also includes the assessment and documentation of appropriate processes, policies and internal controls. Management had a third party independent consultant review and validate our CECL model. In addition, Topic 326 amends the accounting for credit losses on certain debt securities. The Company did not record any allowance for credit losses (“ACL”) on its debt securities as a result of adopting Topic 326. The ultimate impact of adopting Topic 326, and at each subsequent reporting period, is highly dependent on credit quality, macroeconomic forecasts and conditions, composition of our loans and available-for-sale securities portfolio, along with other management judgments. The Company adopted Topic 326 using the modified retrospective method. Results for reporting periods beginning after January 1, 2021 are presented under Topic 326 while prior period amounts continue to be reported in accordance with previously applicable GAAP. In connection with our adoption of Topic 326, we made changes to our loan portfolio segments to align with the methodology applied in determining the allowance under CECL. Refer to Note 5 – Allowance for Credit Losses for further discussion of these portfolio segments. Our new segmentation breaks out Other loans from our original loan segments: Commercial Real Estate (“CRE”), Commercial and Industrial (“C&I”), Residential Mortgages and Construction. Other loans include unique risk attributes considered inconsistent with current underwriting standards. The Company recorded a net decrease to retained earnings of $50.7 million as of January 1, 2021 for the cumulative effect of adopting Topic 326. The following table illustrates the impact of Topic 326: January 1, 2021 (Dollars in Thousands) As Reported Under Pre Impact of Assets Allowance for Credit Losses on Loans Commercial Real Estate $ 41,458 $ 34,871 $ 6,587 Commercial and Industrial 4,071 2,692 1,379 Obligations of States and Political Subdivisions 951 951 — Residential Mortgages 5,356 2,000 3,356 Other Consumer 1,602 2,479 (877) Construction 6,277 6,357 (80) Other 56,001 4,724 51,277 Allowance for Credit Losses on Loans $ 115,716 $ 54,074 $ 61,642 Assets: Total Loans Held for Investments, net $ 2,831,454 $ 2,893,096 $ 61,642 Net deferred tax asset 21,413 7,589 13,824 Liabilities: Life-of-loss Reserve on Unfunded Loan Commitments 3,052 144 2,908 Equity: Retained Earnings $ 203,885 $ 254,611 $ (50,726) The adoption of Topic 326 resulted in a Day 1 adjustment of $64.5 million, including an increase to our ACL of $61.6 million and a $2.9 million life-of-loss reserve on our unfunded loan commitments recorded in other liabilities on our Consolidated Balance Sheets on January 1, 2021. As of January 1, 2021, the Company recorded a cumulative-effect adjustment of $50.7 million to decrease retained earnings related to the adoption of Topic 326. Allowance for Credit Losses Policy The ACL represents an amount which, in management's judgment, is adequate to absorb expected losses on outstanding loans at the balance sheet date based on the evaluation of the size and current risk characteristics of the loan portfolio, past events, current conditions, reasonable and supportable forecasts of future economic conditions and prepayment experience. The ACL is measured and recorded upon the initial recognition of a financial asset. The ACL is reduced by charge-offs, net of recoveries of previous losses, and is increased or decreased by a provision for credit losses, which is recorded as a current period operating expense. Determination of an appropriate ACL is inherently complex and requires the use of significant and highly subjective estimates. The reasonableness of the ACL is reviewed quarterly by management. Management believes it uses relevant information available to make determinations about the ACL and that it has established the existing allowance in accordance with GAAP. However, the determination of the ACL requires significant judgment, and estimates of expected losses in the loan portfolio can vary significantly from the amounts actually observed. While management uses available information to recognize expected losses, future additions to the ACL may be necessary based on changes in the loans comprising the portfolio, changes in the current and forecasted economic conditions, changes to the interest rate environment which may directly impact prepayment and curtailment rate assumptions, and changes in the financial condition of borrowers. The adoption of CECL accounting did not result in a significant change to any other credit risk management and monitoring processes, including identification of past due or delinquent borrowers, nonaccrual practices, assessment of troubled debt restructurings or charge-off policy. The Company’s methodology for estimating the ACL includes: Segmentation. The Company’s loan portfolio is segmented by homogeneous loan types that behave similarly to economic cycles. Specific Analysis. A specific reserve analysis is applied to certain individually evaluated loans. These loans are evaluated quarterly generally based on collateral value, observable market value or the present value of expected future cash flows. A specific reserve is established if the fair value is less than the loan balance. A charge-off is recognized when the loss is quantifiable. Individually evaluated loans, not specifically analyzed, reside in the Quantitative Analysis. Quantitative Analysis. The Company elected to use Discounted Cash Flow (“DCF”). Economic forecasts include but are not limited to unemployment, the Consumer Price Index, the Housing Price Index and Gross Domestic Product. These forecasts are assumed to revert to the long-term average and utilized in the model to estimate the probability of default and loss given default through regression. Model assumptions include, but are not limited to, the discount rate, prepayments and curtailments. The product of the probability of default and the loss given default is the estimated loss rate, which varies over time. The estimated loss rate is applied within the appropriate periods in the cash flow model to determine the net present value. Net present value is also impacted by assumptions related to the duration between default and recovery. The reserve is based on the difference between the summation of the principal balances taking amortized costs into consideration and the summation of the net present values. Qualitative Analysis. Based on management’s review and analysis of internal, external and model risks, management may adjust the model output. Management reviews the peaks and troughs of the model’s calibration, taking into account economic forecasts to develop guardrails that serve as the basis for determining the reasonableness of the model’s output and makes adjustments as necessary. This process challenges unexpected variability resulting from outputs beyond the model’s calibration that appear to be unreasonable. Additionally, management may adjust the economic forecast if it is incompatible with known market conditions based on management’s experience and perspective. At Day 1 adoption of CECL, current expected losses of $10.2 million were recorded due to economic uncertainties related to the Company's hospitality portfolio. Between the Day 1 CECL model and the model ended June 30, 2021, additional current expected losses of $1.5 million were recognized, which resulted in a total current expected loss balance of $11.7 million as of June 30, 2021. Certain hospitality loans exhibit more than expected deterioration and the risk rating has been downgraded to non-pass to reflect the increased risk. “Other” Segmented Pool CECL provides for the flexibility to model loans differently compared to the Incurred Loss model. With the adoption of CECL, management elected to evaluate certain loans based on shared but unique risk attributes. The loans included in the Other segment of the model were underwritten and approved based on standards that are inconsistent with our current underwriting standards. The model for the Other segment was developed with subjective assumptions that may cause volatility driven by the following key factors: prepayment speeds, timing of contractual payments, discount rate, as well as other factors. The discount rate is reflective of the inherit risk in the Other segment. A significant change in these assumptions could cause a significant impact to the model causing volatility. Management reviews the model output for appropriateness and subjectively makes adjustments as needed. The analysis applied to this pool resulted in an increase in reserves of $51.3 million and is disclosed in the Other segment in the table above. Accounting Statements Issued but Not Yet Adopted: In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments in this ASU provide optional guidance for a limited period of time to ease the potential burden in accounting for or recognizing the effects of reference rate reform on financial reporting. The amendments provide optional expedients and exceptions for applying GAAP to loan and lease agreements, derivative contracts, and other transactions affected by the anticipated transition away from the London Interbank Offered Rate (“LIBOR”) toward new interest rate benchmarks. Modified contracts that meet certain scope guidance are eligible for relief from the modification accounting requirements in US GAAP. The optional guidance generally allows for the modified contract to be accounted for as a continuation of the existing contract and does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. The amendments in this ASU are effective through December 31, 2022. We are evaluating the impacts of this ASU and have not yet determined whether LIBOR transition and this ASU will have material effects on our business operations or consolidated financial statements.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Basic earnings per share is calculated by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated using the two-class method. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. For all periods presented, the dilutive effect on average shares outstanding is the result of unvested restricted stock grants. The following table reconciles the numerators and denominators of basic and diluted earnings per share calculations for the periods presented: Three Months Ended June 30, Six Months Ended June 30, (Dollars in Thousands, except share and per share data) 2021 2020 2021 2020 Numerator for Earnings per Share – Basic and Diluted Net Income $ 5,432 $ 4,455 $ 14,807 $ 8,878 Less: Income allocated to participating shares 25 15 69 30 Net Income Allocated to Common Shareholders $ 5,407 $ 4,440 $ 14,738 $ 8,848 Denominator: Weighted Average Shares Outstanding, including Shares Considered Participating Securities 26,466,922 26,384,957 26,437,761 26,373,803 Less: Average Participating Securities 122,818 88,528 122,818 88,528 Weighted Average Common Shares Outstanding 26,344,104 26,296,429 26,314,943 26,285,275 Earnings per Common Share – Basic $ 0.21 $ 0.17 $ 0.56 $ 0.34 Earnings per Common Share – Diluted $ 0.21 $ 0.17 $ 0.56 $ 0.34 All outstanding unvested restricted stock awards are considered participating securities for the earnings per share calculation. As such, these shares have been allocated to a portion of net income and are excluded from the diluted earnings per share calculation.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Investment Securities	INVESTMENT SECURITIES The following tables present the amortized cost and fair value of available-for-sale securities as of the dates presented: June 30, 2021 (Dollars in Thousands) Amortized Gross Gross Fair Value U.S. Treasury Securities $ 4,438 $ 27 $ (25) $ 4,440 U.S. Government Agency Securities 3,445 32 — 3,477 Residential Mortgage-Backed Securities 62,074 276 (456) 61,894 Commercial Mortgage-Backed Securities 2,134 111 — 2,245 Asset Backed Securities 137,926 816 (536) 138,206 Collateralized Mortgage Obligations 255,808 4,407 (405) 259,810 Small Business Administration 102,392 941 (659) 102,674 States and Political Subdivisions 221,818 8,544 (628) 229,734 Corporate Notes 40,750 382 (74) 41,058 Total Debt Securities $ 830,785 $ 15,536 $ (2,783) $ 843,538 December 31, 2020 (Dollars in Thousands) Amortized Gross Gross Fair Value Residential Mortgage-Backed Securities $ 44,057 $ 1,008 $ (341) $ 44,724 Commercial Mortgage-Backed Securities 5,194 253 — 5,447 Asset Backed Securities 133,672 884 (999) 133,557 Collateralized Mortgage Obligations 212,751 6,007 (399) 218,359 Small Business Administration 99,604 346 (805) 99,145 States and Political Subdivisions 239,251 13,490 (119) 252,622 Corporate Notes 24,250 582 (7) 24,825 Total Debt Securities $ 758,779 $ 22,570 $ (2,670) $ 778,679 The Company did not have securities classified as held-to-maturity at June 30, 2021 or December 31, 2020. The following table shows the composition of gross and net realized gains and losses for the periods presented: Three Months Ended June 30, Six Months Ended June 30, (Dollars in Thousands) 2021 2020 2021 2020 Proceeds from Sales of Securities Available-for-Sale $ 43,430 $ 42,167 $ 108,300 $ 96,669 Gross Realized Gains $ 1,565 $ 2,354 $ 5,194 $ 3,571 Gross Realized Losses (66) (33) (85) (36) Net Realized Gains 1,499 2,321 5,109 3,535 Tax Impact $ 318 $ 487 $ 1,076 $ 742 Gains or losses are recognized in earnings on the trade date using the amortized cost of the specific security sold. The net realized gains above reflect reclassification adjustments in the calculation of other comprehensive income. The net realized gains are included in noninterest income as gains on sales of securities, net in the Consolidated Statements of Income. The tax impact is included in income tax provision in the Consolidated Statements of Income. The amortized cost and fair value of available-for-sale debt securities are shown below by contractual maturity as of the date presented. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. June 30, 2021 (Dollars in Thousands) Amortized Fair Due in One Year or Less $ 1,157 $ 1,164 Due after One Year through Five Years 3,492 3,519 Due after Five Years through Ten Years 166,435 168,538 Due after Ten Years 201,759 208,162 Residential Mortgage-Backed Securities 62,074 61,894 Commercial Mortgage-Backed Securities 2,134 2,245 Collateralized Mortgage Obligations 255,808 259,810 Asset Backed Securities 137,926 138,206 Total Debt Securities $ 830,785 $ 843,538 At June 30, 2021 and December 31, 2020, there were no holdings of securities of any one issuer, other than those securities issued by or collateralized by the U.S. Government and its Agencies, in an amount greater than 10% of shareholders’ equity. The carrying value of securities pledged for various regulatory and legal requirements was $145.9 million at June 30, 2021 and $146.0 million at December 31, 2020. Available-for-sale securities with unrealized losses at June 30, 2021 and December 31, 2020, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position, were as follows: June 30, 2021 Less Than 12 Months 12 Months or More Total (Dollars in Thousands) Number Fair Unrealized Number Fair Unrealized Number Fair Unrealized U.S. Treasury Securities 1 $ 2,430 $ (25) — $ — $ — 1 $ 2,430 $ (25) Residential Mortgage-Backed Securities 13 39,144 (454) 3 27 (2) 16 39,171 (456) Asset Backed Securities 9 21,883 (100) 20 41,153 (436) 29 63,036 (536) Collateralized Mortgage Obligations 12 37,980 (257) 8 18,538 (148) 20 56,518 (405) Small Business Administration 5 7,885 (196) 58 26,895 (463) 63 34,780 (659) States and Political Subdivisions 27 34,467 (602) 2 696 (26) 29 35,163 (628) Corporate Notes 5 12,426 (74) — — — 5 12,426 (74) Total Debt Securities 72 $ 156,215 $ (1,708) 91 $ 87,309 $ (1,075) 163 $ 243,524 $ (2,783) December 31, 2020 Less Than 12 Months 12 Months or More Total (Dollars in Thousands) Number Fair Unrealized Number Fair Unrealized Number Fair Unrealized Residential Mortgage-Backed Securities 7 $ 21,109 $ (339) 3 $ 40 $ (2) 10 $ 21,149 $ (341) Asset Backed Securities 11 23,653 (219) 27 61,599 (780) 38 85,252 (999) Collateralized Mortgage Obligations 13 48,318 (212) 14 38,615 (187) 27 86,933 (399) Small Business Administration 7 10,444 (53) 73 47,371 (752) 80 57,815 (805) States and Political Subdivisions 12 12,558 (119) — — — 12 12,558 (119) Corporate Notes 1 2,493 (7) — — — 1 2,493 (7) Total Debt Securities 51 $ 118,575 $ (949) 117 $ 147,625 $ (1,721) 168 $ 266,200 $ (2,670) The Company adopted Topic 326, Financial Instruments—Credit Losses (Topic 326) on January 1, 2021 and did not record an ACL on its investment securities during the quarter ended June 30, 2021 as the Company did not have securities classified as held-to-maturity at June 30, 2021. The Company regularly reviews debt securities for expected credit loss using both qualitative and quantitative criteria, as necessary, based on the composition of the portfolio at period end. Securities are evaluated for other-than-temporary impairment (“OTTI”) quarterly and more frequently if economic or market concerns warrant. Consideration is given to the length of time and the extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, the credit quality of the issuer, and whether the Company intends to sell the security or may be required to sell the security prior to maturity. The Company has reviewed all securities for OTTI. As of June 30, 2021 and December 31, 2020, no OTTI has been identified for any investment securities in our portfolio. We do not believe any individual unrealized loss as of June 30, 2021 represents an OTTI. At June 30, 2021, there were 163 securities in an unrealized loss position and at December 31, 2020, there were 168 securities in an unrealized loss position. The unrealized losses on debt securities were primarily attributable to changes in interest rates and not related to the credit quality of these securities. All debt securities are determined to be investment grade and are paying principal and interest according to the contractual terms of the security. We generally do not intend to sell and it is not more likely than not that we will be required to sell any of the securities in an unrealized loss position before recovery of their amortized cost.

Loans and Loans Held-For-Sale

Loans and Loans Held-For-Sale	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Loans and Loans Held-For-Sale	LOANS AND LOANS HELD-FOR-SALE The composition of the loan portfolio by dollar amount is shown in the table below: (Dollars in Thousands) June 30, 2021 December 31, 2020 Commercial Commercial Real Estate $ 1,337,792 $ 1,453,799 Commercial and Industrial 413,842 557,164 Total Commercial Loans 1,751,634 2,010,963 Consumer Residential Mortgages 425,642 472,170 Other Consumer 43,336 57,647 Total Consumer Loans 468,978 529,817 Construction 320,885 406,390 Other (1) 375,157 — Total Portfolio Loans $ 2,916,654 $ 2,947,170 Loans Held-for-Sale $ 9,311 $ 25,437 Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value $ — $ 9,835 Total Loans $ 2,925,965 $ 2,982,442 (1) Refer to Note 1, Basis of Presentation for details of reclassification of our portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. We attempt to limit our exposure to credit risk by diversifying our loan portfolio by segment, geography, collateral and industry and actively managing concentrations. When concentrations exist in certain segments, this risk is mitigated by reviewing the relevant economic indicators and internal risk rating trends of the loans in these segments. The Company has specific loan segment limits in its loan policy. Total commercial real estate balances should not exceed the combination of 300% of total risk-based capital and growth in excess of 50% over the previous thirty-six months and construction loan balances should not exceed 100% of total risk-based capital. Investment real estate property types and purchased loan programs have individual dollar limits that should not be exceeded in the portfolio. In addition, there are specific limits in place for various categories of real estate loans with regards to loan-to-value ratios, loan terms, and amortization periods. We also have policy limits on loan-to-cost for construction projects. Unsecured loans pose higher risk for the Company due to the lack of a well-defined secondary source of repayment. Commercial unsecured loans are reserved for the best quality customers with well-established businesses, operate with low financial and operating leverage. The repayment capacity of the borrower should exceed the policy and guidelines for secured loans. If the borrower is unable to comply with this requirement and the Company is willing to renew the credit facility, the line should be secured and/or begin amortization. The Company provided deferrals to customers under Section 4013 of the CARES Act and regulatory interagency statements on loan modifications, which suspends the requirement to categorize these deferrals as TDRs. The Part I program was launched in March 2020 and expired at the end of August 2020. The deferrals in Part I typically provided deferral of both principal and interest through the expiry. The Part II program was launched in July 2020 and expired at the end of December 2020. The deferrals in this program were needs based and required the collection of updated financial information and in certain situations, the validation of liquidity to support the business. Prior to the extension of the CARES Act, the Company launched the Part III program that offered borrowers in the Part II program an extension of deferrals through June 2021. Those borrowers who opted into the Part III program were required to provide monthly financial statements and remit payments on a quarterly basis based on excess cash flows, if any, up to their otherwise contractual payment. The majority of deferrals in the Part III program were principal only deferrals. At the end of the deferral period in Part III, which expired at June 30, 2021, for term loans, payments were applied to accrued interest first and resumed principal payments once accrued interest was current. Deferred principal is due at maturity. For interest only loans, such as lines of credit, deferred interest was due at maturity. The expiration of the Part III program as of June 30, 2021 marked the end of any payment deferral programs for the Company. In connection with our adoption of Topic 326, we made changes to our loan portfolio segments to align with the methodology applied in determining the allowance under CECL. Our new segmentation breaks out Other loans from our original loan segments: CRE, C&I, Construction and Residential Mortgages. At March 31, 2021 related to the adoption of Topic 326, the initial break-out of other loans totaled $373.4 million consisting of loans that would otherwise have been included in the following loan segments: $136.3 million of CRE, $77.8 million of C&I, $49.6 million of Residential Mortgages and $109.7 million of Construction. This segment of loans includes unique risk attributes considered inconsistent with current underwriting standards. The analysis applied to the Other loans segment, at adoption, resulted in an increase in current expected credit losses of $51.3 million. Deferred costs and fees included in the portfolio balances above were $2.9 million and $3.0 million at June 30, 2021 and December 31, 2020, respectively. Discounts on purchased 1-4 family loans included in the portfolio balances above were $205 thousand and $219 thousand at June 30, 2021 and December 31, 2020, respectively. Mortgage loans held-for-sale were $9.3 million and $25.4 million as of June 30, 2021 and December 31, 2020, respectively. In addition to mortgage loans held-for-sale, the Company had $9.8 million in loans held-for-sale in connection with the sale of bank branches at December 31, 2020, that closed in the second quarter of 2021. Troubled Debt Restructurings (“TDR”) The following table summarizes the Company’s TDRs as of the dates presented: June 30, 2021 December 31, 2020 (Dollars in Thousands) Performing Nonperforming Total Performing Nonperforming Total Commercial Commercial Real Estate $ 6,107 $ 146 $ 6,253 $ 6,151 $ 21,667 $ 27,818 Commercial and Industrial — — — — — — Total Commercial TDRs 6,107 146 6,253 6,151 21,667 27,818 Consumer Residential Mortgages — — — 50,618 — 50,618 Other Consumer — — — — — — Total Consumer TDRs — — — 50,618 — 50,618 Construction 541 3,071 3,612 52,481 3,319 55,800 Other 99,566 — 99,566 — — — Total TDRs (1) $ 106,214 $ 3,217 $ 109,431 $ 109,250 $ 24,986 $ 134,236 (1) Refer to Note 1, Basis of Presentation for details of reclassification of our portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. In order to maximize the collection of loan balances, the Company evaluates troubled loan accounts on a case-by-case basis to determine if a loan modification would be appropriate. Loan modifications may be utilized when there is a reasonable chance that an appropriate modification would allow our client to continue servicing the debt. A loan is a TDR if both of the following exist: 1) the debtor is experiencing financial difficulties, and 2) a creditor has granted a concession to the debtor that it would not normally grant. Nonaccrual loans that are modified can be placed back on accrual status when both principal and interest are current and it is probable that the Company will be able to collect all amounts due (both principal and interest) according to the terms of the loan agreement. As of June 30, 2021, there were minimal commitments to lend additional funds for loans identified as TDRs. TDRs decreased $24.8 million, or 18.5% to $109.4 million at June 30, 2021 compared to December 31, 2020. The Company received $13.6 million and $16.6 million of pay-downs and had no new additions for the three and six months ended June 30, 2021, respectively. The $24.8 million of pay-downs included $8.2 million in charge-offs for the resolution of our two largest nonperforming credits. There were no new TDRs for the three and six months ended June 30, 2021. TDRs of $3.2 million and $25.0 million were nonaccrual as of June 30, 2021 and December 31, 2020, respectively. During the six months ended June 30, 2021, the Company modified no loans that constituted a TDR that had minimal commitments to lend additional funds. The Company had one consumer automobile loan modified as a TDR during the three and six months ended June 30, 2020. The customer was experiencing financial difficulties, but sold the vehicle and the proceeds from that sale were applied to the loan balance. The remaining balance was charged-off, but the loan has been re-amortized for the customer to repay the balance by the end of 2021. There were no TDR payment defaults during the three and six months ended June 30, 2021. For purposes of this disclosure, a TDR payment default occurs when, within 12 months of the original TDR modification, either a full or partial charge-off occurs or a TDR becomes 90 days or more past due. At June 30, 2021 and December 31, 2020, we had $3.2 million and $25.0 million, respectively, in loans modified as TDRs that had experienced a payment default subsequent to the rework date and were classified as nonperforming. The specific reserve portion of the ACL on TDRs, if required, is determined by discounting the restructured cash flow at the original effective rate of the loan before modification or is based on the fair value of the collateral less cost to sell, if repayment of the loan is collateral dependent. If the resulting amount is less than the recorded book value, the Company either establishes a valuation allowance as a component of the ACL or charges off the individually evaluated loan balance if it determines that such amount is a confirmed loss. This method is used consistently for all segments of the portfolio. The following table presents nonperforming assets as of June 30, 2021 and December 31, 2020. Nonperforming Assets (Dollars in Thousands) June 30, 2021 December 31, 2020 Nonperforming Assets Nonaccrual loans $ 6,351 $ 7,018 Nonaccrual TDRs 3,217 24,986 Total Nonaccrual Loans 9,568 32,004 Other Real Estate Owned, or (“OREO”) 21,250 15,722 Total Nonperforming Assets $ 30,818 $ 47,726 As of June 30, 2021 and December 31, 2020, we had $15 thousand and $67 thousand, respectively, of residential real estate in the process of foreclosure. We also had $57 thousand at June 30, 2021 and $109 thousand at December 31, 2020 in residential real estate included in OREO.

Allowance for Credit Losses

Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2021
Credit Loss [Abstract]
Allowance for Credit Losses	ALLOWANCE FOR CREDIT LOSSES The Company maintains an ACL at a level determined to be adequate to absorb current expected credit losses over the life of loans inherent in the loan portfolio as of the balance sheet date. Refer to Note 1, Basis of Presentation for details of reclassification of our portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instrument. The Company develops and documents a systematic ACL methodology based on the following portfolio segments: 1) CRE, 2) C&I, 3) Residential Mortgages, 4) Other Consumer, 5) Construction and 6) Other. The Company’s loan portfolio is segmented by homogeneous loan types that behave similarly to economic cycles. The segmentation in the CECL model is different from the segmentation in the Incurred Loss model. The following is a discussion of the key risks by portfolio segment that management assesses in preparing the ACL. CRE loans are secured by commercial purpose real estate, including both owner occupied properties and investment properties, for various purposes such as hotels, strip malls and apartments. Operations of the individual projects as well as global cash flows of the debtors are the primary sources of repayment for these loans. The condition of the local economy is an important indicator of risk, but there are also more specific risks depending on the collateral type as well as the business. C&I loans are made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory or equipment financing. Cash flow from the operations of the borrower is the primary source of repayment for these loans. The condition of the local economy is an important indicator of risk, but there are also more specific risks depending on the industry of the borrower. Collateral for these types of loans often do not have sufficient value in a distressed or liquidation scenario to satisfy the outstanding debt. These loans are also made to local and state municipalities for various purposes including refinancing existing obligations, infrastructure up-fit and expansion, or to purchase new equipment. These loans may be secured by general obligations from the municipal authority or revenues generated by infrastructure and equipment financed by the Company. The primary repayment source for these loans include the tax base of the municipality, specific revenue streams related to the infrastructure financed, and other business operations of the municipal authority. The health and stability of state and local economies directly impacts each municipality’s tax basis and are important indicators of risk for this segment. The ability of each municipality to increase taxes and fees to offset debt service requirements give this type of loan a very low risk profile in the continuum of the Company’s loan portfolio. Residential Mortgages are loans secured by first and second liens such as home equity loans, home equity lines of credit and 1-4 family residential mortgages, including purchase money mortgages. The primary source of repayment for these loans is the income of the borrower. The condition of the local economy, in particular the unemployment rate, is an important indicator of risk for this segment. The state of the local housing market can also have a significant impact on this segment because low demand and/or declining home values can limit the ability of borrowers to sell a property and satisfy the debt. Other Consumer loans are made to individuals and may be either secured by assets other than 1-4 family residences or unsecured. This segment includes auto loans and unsecured loans and lines. The primary source of repayment for these loans is the income and assets of the borrower. The condition of the local economy, in particular the unemployment rate, is an important indicator of risk for this segment. The value of the collateral, if there is any, is less likely to be a source of repayment due to less certain collateral values. Construction loans include both commercial and consumer. Commercial loans are made to finance construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. While the risk of these loans is generally confined to the construction period, if there are problems, the project may not be completed, and as such, may not provide sufficient cash flow on its own to service the debt or have sufficient value in a liquidation to cover the outstanding principal. The condition of the local economy is an important indicator of risk, but there are also more specific risks depending on the type of project and the experience and resources of the developer. Consumer loans are made for the construction of residential homes for which a binding sales contract exists and generally are for a period of time sufficient to complete construction. Residential construction loans to individuals generally provide for the payment of interest only during the construction phase. Credit risk for residential real estate construction loans can arise from construction delays, cost overruns, failure of the contractor to complete the project to specifications and economic conditions that could impact demand for or supply of the property being constructed. Other loans include unique risk attributes considered inconsistent with our current underwriting standards. The ACL reserve for the Other segment is based on a discounted cash flow methodology and reserves will fluctuate based on expected cash flow changes in the future. These inconsistencies may include, but are not limited to i) transaction and/or relationship sizes that exceed limits established in 2018, ii) overreliance on secondary, tertiary or guarantor cash flow, iii) land acquisition loans without a defined source of amortization, and iv) loan structures on operating lines of credit dependent on the value of real estate rather than trading assets. Management continuously assesses underwriting standards, but significantly enhanced these standards in 2018. Our model is based on our best estimate of facts known with the most current information. Certain portions of the CECL model are inherently subjective and include, but are not limited to estimates with respect to: prepayment speeds, the timing of prepayments, potential losses given default, discount rates and the timing of future cash flows. Management utilizes widely published economic forecasts as the basis for the regression analysis used to estimate the probability of default in the baseline model. The peaks and troughs of these forecasts serve as guardrails for potential subjective adjustments. In addition to considering the outcomes based on the range of forecasts, management recognizes that the assumptions used in economic forecasts may not perfectly align with our market area, risk profile or unique attributes of our portfolio along with other important considerations. Severe changes in forecasts can also create significant variability and management must assess not only the absolute balance of reserves but also consider the appropriateness of the velocity of change. Therefore, management developed a framework to assess the tolerance and reasonableness of the CECL modeling process by challenging certain elements of the forecasts, when appropriate. These outcomes, known as “challenger models” provide opportunities to examine and subjectively adjust the CECL model output and are designed to be counter cyclical, thereby reducing variability. Credit Quality Indicators: The Company’s portfolio grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled or at all. The Company’s internal credit risk grading system is based on debt service coverage, collateral values and other subjective factors. Mortgage and consumer loans are defaulted to a pass grade until a loan migrates to past due status. The Company has a loan review policy and annual scope report that details the level of loan review for commercial loans in a given year. Primary objectives of loan reviews include the identification of emerging risks and patterns that might influence potential future losses. In concert with significant enhancements to the underwriting process, the scope of loan review has been broadened since 2019 to include assurance testing with respect to the accuracy of the underwriting function. Since 2020 and continuing into 2021, the Company used a four step approach for loan review in the following categories: • A review of the largest twenty pass-rated loan relationships, which represents approximately a quarter of total loans; • A sampling of new loans originated to include an examination of the evidence of appropriate approval, adherence to loan policy and the completeness and accuracy of the analysis contained in the approval document; • A sampling of Large Loan Relationships (“LLRs”) which are defined as loan relationships with aggregate exposure of at least $2.0 million that are not part of the top twenty review; and • Concentration focus reviews of identified segments that represent concentration risk, represented by collateral types including but not limited to hospitality, multifamily and retail with the goal of examining patterns of loss history, document exceptions, policy exceptions and emerging trends in risk characteristics. The Company’s internally assigned grades are as follows: Pass – The Company uses six grades of pass. Generally, a pass rating indicates that the loan is currently performing and is of high quality. Special Mention – Assets with potential weaknesses that warrant management’s close attention and if left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the institutions credit position at some future date. Special mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant classified classification. Substandard – Assets that are inadequately protected by the current sound worth and paying capacity of the obligor or by the collateral pledged, if any. Assets so classified have a well-defined weakness, or weaknesses that jeopardize the liquidation of the debt. Such assets are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful – Assets with all the weaknesses inherent in one classified substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions, and values, highly questionable and improbable. Loss – Assets considered of such little value that its continuance on the books is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be affected in the future. The following table presents loan balances by year of origination and internally assigned risk rating for our portfolio segments as of June 30, 2021: Risk Rating (Dollars in Thousands) 2021 2020 2019 2018 2017 2016 and Prior Revolving Total Commercial Real Estate Pass $ 58,201 $ 161,432 $ 196,469 $ 330,423 $ 118,980 $ 354,304 $ 52,651 $ 1,272,460 Special Mention — — 5,852 8,143 3,046 931 — 17,972 Substandard 230 — 471 4,553 34,889 7,217 — 47,360 Total Commercial Real Estate $ 58,431 $ 161,432 $ 202,792 $ 343,119 $ 156,915 $ 362,452 $ 52,651 $ 1,337,792 Commercial and Industrial Pass $ 25,615 $ 58,536 $ 14,819 $ 37,315 $ 23,016 $ 241,028 $ 12,815 $ 413,144 Special Mention — 10 — 13 — — — 23 Substandard — — 455 220 — — — 675 Total Commercial and Industrial $ 25,615 $ 58,546 $ 15,274 $ 37,548 $ 23,016 $ 241,028 $ 12,815 $ 413,842 Residential Mortgages Pass $ 74,684 $ 98,690 $ 79,166 $ 95,260 $ 8,937 $ 53,540 $ 10,896 $ 421,173 Special Mention — — — — — 570 — 570 Substandard — — 1,193 822 225 1,659 — 3,899 Total Residential Mortgages $ 74,684 $ 98,690 $ 80,359 $ 96,082 $ 9,162 $ 55,769 $ 10,896 $ 425,642 Other Consumer Pass $ 4,314 $ 13,420 $ 1,803 $ 794 $ 272 $ 22,268 $ 341 $ 43,212 Special Mention — — — — — — — — Substandard — 19 1 68 36 — — 124 Total Other Consumer $ 4,314 $ 13,439 $ 1,804 $ 862 $ 308 $ 22,268 $ 341 $ 43,336 Construction Pass $ 75,794 $ 104,595 $ 85,487 $ 10,913 $ 16,658 $ 4,337 $ 17,172 $ 314,956 Special Mention — — 179 — — 442 — 621 Substandard — 107 3,223 97 1,741 140 — 5,308 Total Construction $ 75,794 $ 104,702 $ 88,889 $ 11,010 $ 18,399 $ 4,919 $ 17,172 $ 320,885 Other Pass $ — $ — $ — $ — $ — $ 4,659 $ 219 $ 4,878 Special Mention — — — — 122,895 61,651 — 184,546 Substandard — — — 88,345 48,524 48,864 — 185,733 Total Other Loans $ — $ — $ — $ 88,345 $ 171,419 $ 115,174 $ 219 $ 375,157 Total Portfolio Loans Pass $ 238,608 $ 436,673 $ 377,744 $ 474,705 $ 167,863 $ 680,136 $ 94,094 $ 2,469,823 Special Mention — 10 6,031 8,156 125,941 63,594 — 203,732 Substandard 230 126 5,343 94,105 85,415 57,880 — 243,099 Total Portfolio Loans $ 238,838 $ 436,809 $ 389,118 $ 576,966 $ 379,219 $ 801,610 $ 94,094 $ 2,916,654 The following table presents loan balances by year of origination and performing and nonperforming status for our portfolio segments as of June 30, 2021. (Dollars in Thousands) 2021 2020 2019 2018 2017 2016 and Prior Revolving Total Commercial Real Estate Performing $ 58,201 $ 161,432 $ 202,321 $ 343,119 $ 156,915 $ 362,375 $ 52,651 $ 1,337,014 Nonperforming 230 — 471 — — 77 — 778 Total Commercial Real Estate $ 58,431 $ 161,432 $ 202,792 $ 343,119 $ 156,915 $ 362,452 $ 52,651 $ 1,337,792 Commercial and Industrial Performing $ 25,615 $ 58,546 $ 14,820 $ 37,328 $ 23,016 $ 241,028 $ 12,815 $ 413,168 Nonperforming — — 454 220 — — — 674 Total Commercial and Industrial $ 25,615 $ 58,546 $ 15,274 $ 37,548 $ 23,016 $ 241,028 $ 12,815 $ 413,842 Residential Mortgages Performing $ 74,684 $ 98,690 $ 79,165 $ 95,727 $ 8,937 $ 54,702 $ 10,896 $ 422,801 Nonperforming — — 1,194 355 225 1,067 — 2,841 Total Residential Mortgages $ 74,684 $ 98,690 $ 80,359 $ 96,082 $ 9,162 $ 55,769 $ 10,896 $ 425,642 Other Consumer Performing $ 4,314 $ 13,427 $ 1,804 $ 794 $ 298 $ 22,268 $ 341 $ 43,246 Nonperforming — 12 — 68 10 — — 90 Total Other Consumer $ 4,314 $ 13,439 $ 1,804 $ 862 $ 308 $ 22,268 $ 341 $ 43,336 Construction Performing $ 75,794 $ 104,595 $ 85,666 $ 11,010 $ 16,658 $ 4,805 $ 17,172 $ 315,700 Nonperforming — 107 3,223 — 1,741 114 — 5,185 Total Construction $ 75,794 $ 104,702 $ 88,889 $ 11,010 $ 18,399 $ 4,919 $ 17,172 $ 320,885 Other Performing $ — $ — $ — $ 88,345 $ 171,419 $ 115,174 $ 219 $ 375,157 Nonperforming — — — — — — — — Total Other Loans $ — $ — $ — $ 88,345 $ 171,419 $ 115,174 $ 219 $ 375,157 Total Portfolio Loans Performing $ 238,608 $ 436,690 $ 383,776 $ 576,323 $ 377,243 $ 800,352 $ 94,094 $ 2,907,086 Nonperforming 230 119 5,342 643 1,976 1,258 — 9,568 Total Portfolio Loans $ 238,838 $ 436,809 $ 389,118 $ 576,966 $ 379,219 $ 801,610 $ 94,094 $ 2,916,654 June 30, 2021 (Dollars in Thousands) Current Loans Loans Total Nonaccrual Total Portfolio Commercial Real Estate $ 1,331,082 $ 80 $ 5,852 $ 5,932 $ 778 $ 1,337,792 Commercial and Industrial 413,044 31 93 124 674 413,842 Residential Mortgages 422,296 505 — 505 2,841 425,642 Other Consumer 42,919 207 120 327 90 43,336 Construction 315,684 16 — 16 5,185 320,885 Other 375,157 — — — — 375,157 Total (1) $ 2,900,182 $ 839 $ 6,065 $ 6,904 $ 9,568 $ 2,916,654 (1) Refer to Note 1, Basis of Presentation for details of reclassification of our portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. December 31, 2020 (Dollars in Thousands) Current Loans Loans Total Nonaccrual Total Portfolio Commercial Real Estate $ 1,428,092 $ 3,487 $ 329 $ 3,816 $ 21,891 $ 1,453,799 Commercial and Industrial 556,324 194 190 384 456 557,164 Construction 400,775 193 91 284 5,331 406,390 Residential Mortgages 466,688 1,347 — 1,347 4,135 472,170 Other Consumer 56,890 278 295 573 184 57,647 Total $ 2,908,769 $ 5,499 $ 905 $ 6,404 $ 31,997 $ 2,947,170 The following table presents loans on nonaccrual status and loans past due 90 days or more and still accruing by class of loan as of June 30, 2021. For the three and six months ended June 30, 2021, the amount of interest income on nonaccrual loans was immaterial. There were no loans at June 30, 2021 that were past due more than 90 days and still accruing. June 30, 2021 (Dollars in Thousands) Beginning of End of Nonaccrual Past Due Commercial Real Estate $ 21,891 $ 778 $ 146 $ — Commercial and Industrial 456 674 — — Residential Mortgages 4,135 2,841 — — Other Consumer 184 90 — — Construction 5,331 5,185 3,073 — Other — — — — Total Portfolio Loans $ 31,997 $ 9,568 $ 3,219 $ — A loan is considered impaired when it is transferred to nonaccrual status, or remains on accrual status but is considered a TDR. Impaired loans with a commitment of $1.0 million or more are individually evaluated. During the three and six months ended June 30, 2021, no material amount of interest income was recognized on individually evaluated loans subsequent to their classification as individually evaluated loans. The following table presents the amortized cost basis of individually evaluated loans as of June 30, 2021. Changes in the fair value of the collateral for individually evaluated loans are reported as credit loss expense or a reversal of credit loss expense in the period of change. June 30, 2021 Type of Collateral (Dollars in Thousands) Real Estate Commercial Real Estate $ 3,208 Commercial and Industrial — Residential Mortgages — Other Consumer — Construction 4,811 Other — Total $ 8,019 The following table presents activity in the ACL and ALL for the three and six months ended June 30, 2021 and June 30, 2020, respectively: Three Months Ended June 30, 2021 (Dollars in Thousands) Commercial Commercial Residential Other Construction Other (1) Total Allowance for Credit Losses on Loans: Balance at Beginning of Period $ 42,342 $ 4,905 $ 5,171 $ 1,347 $ 7,106 $ 56,001 $ 116,872 Provision for Credit Losses on Loans (6,103) (185) 217 269 1,039 5,730 967 Charge-offs (8,238) (7) (22) (539) — — (8,806) Recoveries 140 1 1 144 — — 286 Net (Charge-offs) / Recoveries (8,098) (6) (21) (395) — — (8,520) Balance at End of Period $ 28,141 $ 4,714 $ 5,367 $ 1,221 $ 8,145 $ 61,731 $ 109,319 (1) In connection with our adoption of Topic 326, we made changes to our loan portfolio segments to align with the methodology applied in determining the allowance under CECL. Our new segmentation breaks out Other loans from our original loan segments: CRE, C&I , residential mortgages and construction. The allowance balance at the beginning of period was reclassified to Other from their original loan segments: CRE, C&I, residential mortgages and construction to conform to current presentation. Six Months Ended June 30, 2021 (Dollars in Thousands) Commercial Commercial Residential Other Construction Other (1) Total Allowance for Credit Losses on Loans: Balance at Beginning of Period $ 34,871 $ 3,643 $ 2,000 $ 2,479 $ 6,357 $ 4,724 $ 54,074 Impact of CECL Adoption 6,587 1,379 3,356 (877) (80) 51,277 61,642 Provision for Credit Losses on Loans (5,219) (302) 61 747 1,807 5,730 2,824 Charge-offs (8,238) (8) (217) (1,409) — — (9,872) Recoveries 140 2 167 281 61 — 651 Net (Charge-offs) / Recoveries (8,098) (6) (50) (1,128) 61 — (9,221) Balance at End of Period $ 28,141 $ 4,714 $ 5,367 $ 1,221 $ 8,145 $ 61,731 $ 109,319 (1) In connection with our adoption of Topic 326, we made changes to our loan portfolio segments to align with the methodology applied in determining the allowance under CECL. Our new segmentation breaks out Other loans from our original loan segments: CRE, C&I , residential mortgages and construction. The allowance balance at the beginning of period was reclassified to Other from their original loan segments: CRE, C&I, residential mortgages and construction to conform to current presentation. Three Months Ended June 30, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Allowance for Loan Losses on Loans: Balance at Beginning of Period $ 26,073 $ 3,990 $ 7,334 $ 1,811 $ 3,734 $ 42,942 Provision for Loan Losses on Loans 2,513 848 1,043 390 679 5,473 Charge-offs (40) (8) — (15) (1,094) (1,157) Recoveries — 1 — — 146 147 Net (Charge-offs) / Recoveries (40) (7) — (15) (948) (1,010) Balance at End of Period $ 28,546 $ 4,831 $ 8,377 $ 2,186 $ 3,465 $ 47,405 Six Months Ended June 30, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Allowance for Loan Losses on Loans: Balance at Beginning of Period $ 24,706 $ 3,601 $ 5,420 $ 1,736 $ 3,299 $ 38,762 Provision for Loan Losses on Loans 3,173 1,274 2,957 470 2,397 10,271 Charge-offs (40) (46) — (20) (2,621) (2,727) Recoveries 707 2 — — 390 1,099 Net Recoveries / (Charge-offs) 667 (44) — (20) (2,231) (1,628) Balance at End of Period $ 28,546 $ 4,831 $ 8,377 $ 2,186 $ 3,465 $ 47,405 The adoption of Topic 326 resulted in an increase to our ACL of $61.6 million on January 1, 2021. The Day 1 model introduced a segmented pool of loans for discrete analysis. This segmented pool had an aggregate principal balance of $373.4 million at March 31, 2021, the initial break-out, and included unique risk attributes considered inconsistent with current underwriting standards. The analysis applied to this pool resulted in an increase in expected credit losses of $51.3 million, at adoption, and is disclosed in the Other segment in the 2021 tables below. At December 31, 2020, the aforementioned Other segment within the probable incurred loss model included $102.5 million of impaired loans and the remaining $270.9 million were not impaired and remained in their respective segments. Based on the fair value of collateral, the specific reserves on the impaired loans totaled zero and the general reserves for the remainder of these loans totaled $4.7 million at December 31, 2020. Our CECL methodology introduced a modified discounted cash flow methodology based on expected cash flow changes in the future for the Other segment. A significant population of the Other segment was not impaired under the probable incurred loss model and therefore not subject to a collateral dependent specific reserve analysis. For the population of the Other segment that was impaired under the incurred loss model, based on collateral values, the specific reserves totaled zero. Certain portions of the CECL model are inherently subjective and include, but are not limited to, estimates with respect to: prepayment speeds, the timing of prepayments, potential losses given default, discount rates and the timing of future cash flows. Management utilizes widely published economic forecasts as the basis for the regression analysis used to estimate the probability of default in the baseline model. The peaks and troughs of these forecasts serve as guardrails for potential subjective adjustments. In addition to considering the outcomes based on the range of forecasts, management recognizes that the assumptions used in economic forecasts may not perfectly align with our market area, risk profile or unique attributes of our portfolio along with other important considerations. Severe changes in forecasts can also create significant variability and management must assess not only the absolute balance of reserves but also consider the appropriateness of the velocity of change. Therefore, management developed a framework to assess the tolerance and reasonableness of the CECL modeling process by challenging certain elements of the forecasts, when appropriate. These outcomes, known as “challenger models,” provide opportunities to examine and subjectively adjust the CECL model output and are designed to be counter cyclical, thereby reducing variability. An expected credit loss of $56.0 million upon adoption, which is an increase from the $4.7 million under the probable incurred loss model, was established based on the discounted cash flow method with a discount rate, which was quantitatively adjusted. The ACL increased $55.2 million to $109.3 million at June 30, 2021 compared to $54.1 million at December 31, 2020 primarily due to the Day 1 adoption of CECL of $61.6 million. In the first six months of 2021, adjustments to the CECL model were made to account for additional potential deterioration in credit quality with respect to certain hospitality loans on deferral. Management reviews and analyzes the monthly operating statements of commercial clients in the deferral program. The recovery has not been as sharp as management had anticipated as observed in other hospitality credits. Hospitality loans on deferral at the end of Phase III of the deferral program, which expired on June 30, 2021, had an aggregate principal balances of $50.9 million, which resulted in a current expected credit loss of $11.7 million. The Day 1 model recognized the deterioration of loans with an aggregate principal balance of $42.8 million which resulted in current expected losses of $10.2 million as of January 1, 2021. Between the Day 1 model and the model ended June 30, 2021 a loan with a principal balance of $8.1 million experienced additional deterioration resulting in additional current expected losses of $1.5 million in the first quarter of 2021. Included in the provision for unfunded commitments for the three and six months ended June 30, 2021 was a release of $0.6 million and $0.9 million for the life-of-loss reserve for unfunded commitments. The following table presents the recorded investment in commercial loan classes by internally assigned risk ratings and loan classes by performing and nonperforming status as of June 30, 2021: June 30, 2021 (Dollars in Thousands) Commercial Commercial Residential Mortgage Other Consumer Construction Other Total Portfolio Pass $ 1,272,460 $ 413,144 $ 421,173 $ 43,212 $ 314,956 $ 4,878 $ 2,469,823 Special Mention 17,972 23 570 — 621 184,546 203,732 Substandard 47,360 675 3,899 124 5,308 185,733 243,099 Doubtful — — — — — — — Loss — — — — — — — Total Portfolio Loans $ 1,337,792 $ 413,842 $ 425,642 $ 43,336 $ 320,885 $ 375,157 $ 2,916,654 Performing $ 1,337,014 $ 413,168 $ 422,801 $ 43,246 $ 315,700 $ 375,157 $ 2,907,086 Nonperforming 778 674 2,841 90 5,185 — 9,568 Total Portfolio Loans $ 1,337,792 $ 413,842 $ 425,642 $ 43,336 $ 320,885 $ 375,157 $ 2,916,654 Prior to the adoption of Topic 326 on January 1, 2021, we calculated our allowance for loan losses using an incurred loan loss methodology. The following tables are disclosures related to the allowance for loan losses in prior periods. The following table presents the recorded investment in commercial loan classes by internally assigned risk ratings and loan classes by performing and nonperforming status as of December 31, 2020: December 31, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Pass $ 1,281,106 $ 478,536 $ 289,781 $ 415,773 $ 57,418 $ 2,522,614 Special Mention 126,535 48 58,899 723 6 186,211 Substandard 46,158 78,580 57,710 55,674 223 238,345 Doubtful — — — — — — Loss — — — — — — Total Portfolio Loans $ 1,453,799 $ 557,164 $ 406,390 $ 472,170 $ 57,647 $ 2,947,170 Performing $ 1,431,908 $ 556,708 $ 401,059 $ 468,035 $ 57,463 $ 2,915,173 Nonperforming 21,891 456 5,331 4,135 184 31,997 Total Portfolio Loans $ 1,453,799 $ 557,164 $ 406,390 $ 472,170 $ 57,647 $ 2,947,170 The following tables present the balances in the ALL and the recorded investment in the loan balances based on impairment method as of December 31, 2020: December 31, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Allowance for Loan Losses: Individually Evaluated for Impairment $ 13,773 $ — $ 1,477 $ — $ — $ 15,250 Collectively Evaluated for Impairment 22,655 5,064 6,527 2,099 2,479 38,824 Total Allowance for Loan Losses $ 36,428 $ 5,064 $ 8,004 $ 2,099 $ 2,479 $ 54,074 Total Portfolio Loans: Individually Evaluated for Impairment $ 27,666 $ — $ 56,987 $ 50,618 $ — $ 135,271 Collectively Evaluated for Impairment 1,426,133 557,164 349,403 421,552 57,647 2,811,899 Total Portfolio Loans $ 1,453,799 $ 557,164 $ 406,390 $ 472,170 $ 57,647 $ 2,947,170 The recorded investment in loans excludes accrued interest receivable. Individually evaluated loans do not include certain TDR loans which are less than $1.0 million. The following table includes the recorded investment and unpaid principal balance for impaired loans with the associated allowance, if applicable, at December 31, 2020. (Dollars in Thousands) Unpaid Recorded Specific Loans without a Specific Valuation Allowance Commercial Real Estate $ 3,236 $ 3,236 $ — Construction 55,248 55,248 — Residential Mortgages 50,618 50,618 — Loans with a Specific Valuation Allowance Commercial Real Estate 24,430 24,430 13,773 Commercial & Industrial — — — Construction 1,739 1,739 1,477 Total by Category Commercial Real Estate 27,666 27,666 13,773 Commercial & Industrial — — — Construction 56,987 56,987 1,477 Residential Mortgages 50,618 50,618 — Total Impaired Loans $ 135,271 $ 135,271 $ 15,250 The following table presents the year-to-date average recorded investment and interest income recognized on individually evaluated loans for the three and six months ended June 30, 2020: June 30, 2020 Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 (Dollars in Thousands) Average Investment on Impaired Loans Interest Income Recognized Interest Income Recognized Loans without a Specific Valuation Allowance Commercial Real Estate $ 3,816 $ 32 $ 64 Construction 5,247 — — Residential Mortgages — — — Loans with a Specific Valuation Allowance Commercial Real Estate 28,727 — — Commercial & Industrial 307 — — Construction 53,752 595 1,008 Residential Mortgages 52,099 428 1,048 Total by Category Commercial Real Estate 32,543 32 64 Commercial & Industrial 307 — — Construction 58,999 595 1,008 Residential Mortgages 52,099 428 1,048 Total Impaired Loans $ 143,948 $ 1,055 $ 2,120

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants at the measurement date. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction. In determining fair value, we use various valuation approaches, including market, income and cost approaches. The fair value standard establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing an asset or liability, which are developed based on market data we have obtained from independent sources. Unobservable inputs reflect our estimates of assumptions that market participants would use in pricing an asset or liability, which are developed based on the best information available in the circumstances. The fair value hierarchy gives the highest priority to unadjusted quoted market prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). There are three levels of inputs that may be used to measure fair values: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that an entity has the ability to access as of the measurement date, or observable inputs. Level 2: Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, and other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. We recognize transfers between any of the fair value hierarchy levels at the end of the reporting period in which the transfer occurred. The following are descriptions of the valuation methodologies used for financial instruments recorded at fair value on either a recurring or nonrecurring basis. Recurring Basis Securities Available-for-Sale: The fair values of securities available-for-sale are determined by obtaining quoted prices on nationally recognized securities exchanges, if available. This valuation method is classified as Level 1 in the fair value hierarchy. For securities where quoted prices are not available, fair values are calculated on market prices of similar securities, or matrix pricing, which is a mathematical technique, used widely in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities. Matrix pricing relies on the securities’ relationship to similarly traded securities, benchmark curves, and the benchmarking of like securities. Matrix pricing utilizes observable market inputs such as benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and industry and economic events. In instances where broker quotes are used, these quotes are obtained from market makers or broker-dealers recognized to be market participants. This valuation method is classified as Level 2 in the fair value hierarchy. For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators. This valuation method is classified as Level 3 in the fair value hierarchy. Derivative Financial Instruments and Hedging Activities: The Company uses derivative instruments such as interest rate swaps for commercial loans with our customers. Upon entering into swaps with the borrower, the Company entered into offsetting positions with counterparties to minimize risk to the Company. The back-to-back swaps qualify as derivatives, but are not designated as hedging instruments. Interest rate swap contracts involve the risk of dealing with borrower and counterparties and their ability to meet contractual terms. When the fair value of a derivative instrument contract is positive, this generally indicates that the counterparty or customer owes the Company, and results in credit risk to the Company. When the fair value of a derivative instrument contract is negative, the Company owes the customer or counterparty, and, therefore, has no risk. The Company also enters into commitments to originate mortgage loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans to be held-for-sale are considered to be derivatives. The period of time between issuance of a loan commitment and closing and sale of the loan generally ranges from 15 to 90 days. The Company protects itself from changes in interest rates through the use of best efforts forward delivery commitments, whereby the Company commits to sell a loan at the time the borrower commits to an interest rate with the intent that the buyer has assumed interest rate risk on rate lock commitments dues to changes in interest rates. Nonrecurring Basis Individually Evaluated Loans: Individually evaluated loans with an outstanding balance greater than or equal to $1.0 million are evaluated for potential specific reserves and adjusted, if a shortfall exists, to fair value less costs to sell. Fair value is measured based on the value of the underlying collateral securing the loan if repayment is expected solely from the sale or operation of the collateral or present value of estimated future cash flows discounted at the loan’s contractual interest rate if the loan is not determined to be collateral dependent. All loans with a specific reserve are classified as Level 3 in the fair value hierarchy. Fair value for individually evaluated loans is determined using several methods. Generally, the fair value of real estate is determined based on appraisals by qualified licensed appraisers. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. These routine adjustments are made to adjust the value of a specific property relative to comparable properties for variations in qualities such as location, size, and income production capacity relative to the subject property of the appraisal. Such adjustments are typically significant and result in a Level 3 classification of the inputs for determining fair value. Subsequent to the initial impairment date, existing individually evaluated loans are reevaluated quarterly for additional impairment and adjustments to fair value less costs to sell are made, where appropriate. For individually evaluated loans, the first stage of our impairment analysis involves inspection of the property in question to affirm the condition has not deteriorated since the previous impairment analysis date. Management also engages in conversations with local real estate professionals and market participants to determine the likely marketing time and value range for the property. The second stage involves an assessment of current trends in the regional market. After thorough consideration of these factors, management will order a new appraisal. For non-individually evaluated loans, the fair value is determined by updating the present value of estimated future cash flows using the loan’s existing rate to reflect the payment schedule for the remaining life of the loan. OREO OREO is evaluated at the time of acquisition and is recorded at fair value as determined by an appraisal or evaluation, less costs to sell. After acquisition, most OREO assets are revalued every twelve months, or more frequently when deemed necessary by management based upon changes in market or collateral conditions. For smaller OREO assets with existing carrying values less than $0.5 million, management may elect to re-value the assets, at minimum, once every twenty-four months based on the size of the exposure. At June 30, 2021 OREO assets were in compliance with the OREO policy as set forth above, and substantially all of the assets were listed for sale with credible third-party real estate brokers. Financial assets measured at fair value on a recurring basis are summarized below for the periods presented: June 30, 2021 (Dollars in Thousands) Carrying Quoted Prices in Significant Other Significant Assets Securities Available-for-Sale $ 843,538 $ 4,440 $ 825,418 $ 13,680 Derivatives 2,774 — 2,774 — Total $ 846,312 $ 4,440 $ 828,192 $ 13,680 Liabilities Derivatives $ 2,884 $ — $ 2,884 $ — Total $ 2,884 $ — $ 2,884 $ — December 31, 2020 (Dollars in Thousands) Carrying Quoted Prices in Significant Other Significant Assets Securities Available-for-Sale $ 778,679 $ — $ 768,316 $ 10,363 Derivatives 4,493 — 4,493 — Total $ 783,172 $ — $ 772,809 $ 10,363 Liabilities Derivatives $ 4,756 $ — $ 4,756 $ — Total $ 4,756 $ — $ 4,756 $ — There were no transfers between Level 1 and Level 2 during the six months ended June 30, 2021 or the year ended December 31, 2020. We have invested in subordinated debt of other financial institutions. We have three securities totaling $13.7 million that are considered to be Level 3 securities at June 30, 2021 and two totaling $10.4 million at December 31, 2020. The change in the fair value of Level 3 securities available-for-sale from $10.4 million at December 31, 2020 to $13.7 million at June 30, 2021 is attributable to the calculated change in fair value as further detailed below as well as a new security in the second quarter of 2021 for $3.5 million. The Level 3 fair value is benchmarked to other securities that have observable market values in Level 2 using comparable financial ratio analysis specific to the industry in which the underlying company operates. The underwriting includes considerations of capital adequacy, asset quality trends, management’s ability to continue efficient and profitable operations, and the institution’s core earnings ability, liquidity management platform and current on and off balance sheet interest rate risk exposures. Financial assets measured at fair value on a nonrecurring basis are summarized below for the periods presented: June 30, 2021 (Dollars in Thousands) Level 1 Level 2 Level 3 Fair Value OREO $ — $ — $ 21,250 $ 21,250 Individually Evaluated Loans $ — $ — $ 2,928 $ 2,928 December 31, 2020 (Dollars in Thousands) Level 1 Level 2 Level 3 Fair Value OREO $ — $ — $ 15,722 $ 15,722 Impaired Loans $ — $ — $ 10,919 $ 10,919 Individually evaluated loans had a net carrying amount of $2.9 million at June 30, 2021 with a valuation allowance of $1.9 million. Impaired loans had a net carrying amount of $10.9 million at December 31, 2020 with a valuation allowance of $15.3 million. OREO, which is measured at the lower of carrying or fair value less costs to sell, had a net carrying amount of $21.3 million as of June 30, 2021, compared with $15.7 million at December 31, 2020. Write-downs of $3.2 million were recorded on OREO for the six months ended June 30, 2021 compared to $0.1 million for the same period in 2020. The following table summarizes the Company’s assets that were measured at fair value on a nonrecurring basis for the periods presented: June 30, 2021 (Dollars in Thousands) Fair Valuation Unobservable Weighted Average Assets Individually Evaluated Loans $ 2,698 Discounted Appraisals Estimated Selling Costs & Qualitative Adjustments 12.0 – 50.0% 20.8 % Individually Evaluated Loans 230 Discounted Appraisals Estimated Selling Costs 20.9 % 20.9 % Total Individually Evaluated Loans $ 2,928 Other Real Estate Owned $ 9,511 Appraisals Estimated Selling Costs 6.0 – 10.0% 6.5 % Other Real Estate Owned 1,033 Discounted Cash Flow Discount Rate 6.3 % 6.3 % Other Real Estate Owned 1,469 Internal Valuations Estimated Selling Costs 5.0 % 5.0 % Other Real Estate Owned 9,237 Discounted Internal Valuations Management’s Discount & Estimated Selling Costs 0.0 % – 50.7% 2.4 % Total Other Real Estate Owned $ 21,250 December 31, 2020 (Dollars in Thousands) Fair Valuation Unobservable Weighted Average Assets Impaired Loans $ 1,163 Discounted Appraisals Estimated Selling Costs 43.0 % 43.0 % Impaired Loans 9,494 Discounted Appraisals Estimated Selling Costs & Qualitative Adjustments 12.0 – 50.0% 33.2 % Impaired Loans 262 Discounted Appraisals Estimated Selling Costs 20.9 % 20.9 % Total Impaired Loans $ 10,919 Other Real Estate Owned $ 11,972 Appraisals Estimated Selling Costs 6.0 – 10.0% 6.5 % Other Real Estate Owned 1,260 Discounted Cash Flow Discount Rate 6.3 % 6.3 % Other Real Estate Owned 1,583 Internal Valuations Estimated Selling Costs 5.0 % 5.0 % Other Real Estate Owned 907 Discounted Internal Valuations Management’s Discount & Estimated Selling Costs 33.7 – 73.5% 55.5 % Total Other Real Estate Owned $ 15,722 A baseline discount rate has been established for impairment measurement. This baseline discount rate was back tested against historical OREO sales and therefore represents an average recovery rate based on the transaction sizes and asset types in the population examined. Management considers the unique attributes and characteristics of each specific impaired loan and may use judgement to adjust the baseline discount rate when appropriate. The carrying values and estimated fair values of our financial instruments at June 30, 2021 and December 31, 2020 are presented in the following tables. Fair values for June 30, 2021 and December 31, 2020 are estimated under the exit price notion in accordance with ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities.” GAAP requires disclosure of fair value information about financial instruments carried at book value on the consolidated balance sheet. in cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. Fair Value Measurements at June 30, 2021 (Dollars in Thousands) Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 216,651 $ 41,850 $ 174,801 $ — $ 216,651 Securities Available-for-Sale 843,538 4,440 825,418 13,680 843,538 Loans Held-for-Sale 9,311 — — 9,311 9,311 Portfolio Loans, net 2,807,335 — — 2,768,885 2,768,885 Federal Home Loan Bank Stock, at Cost 3,215 — — NA NA Other Assets- Interest Rate Derivatives 2,774 — 2,774 — 2,774 Accrued Interest Receivable 31,619 17 2,998 28,604 31,619 Financial Liabilities: Deposits $ 3,659,341 $ 720,231 $ 1,481,942 $ 1,480,465 $ 3,682,638 Other Liabilities- Interest Rate Derivatives 2,884 — 2,884 — 2,884 FHLB Borrowings 30,000 — — 30,198 30,198 Accrued Interest Payable 1,691 — — 1,691 1,691 Fair Value Measurements at December 31, 2020 (Dollars in Thousands) Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 241,942 $ 38,535 $ 203,407 $ — $ 241,942 Securities Available-for-Sale 778,679 — 768,316 10,363 778,679 Loans Held-for-Sale 25,437 — — 25,437 25,437 Portfolio Loans, net 2,893,096 — — 2,854,244 2,854,244 Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value 9,835 — — 9,835 9,835 Federal Home Loan Bank Stock, at Cost 5,093 — — NA NA Other Assets- Interest Rate Derivatives 4,493 — 4,493 — 4,493 Accrued Interest Receivable 32,157 — 2,887 29,270 32,157 Financial Liabilities: Deposits $ 3,599,911 $ 699,229 $ 1,285,912 $ 1,640,587 $ 3,625,728 Deposits Held for Assumption in Connection with Sale of Bank Branches 84,717 9,506 18,699 56,512 84,717 Other Liabilities- Interest Rate Derivatives 4,756 — 4,756 — 4,756 FHLB Borrowings 35,000 — — 35,461 35,461 Accrued Interest Payable 2,131 — — 2,131 2,131

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES In accordance with applicable accounting guidance for derivatives and hedging, all derivatives are recognized as either assets or liabilities on the Consolidated Balance Sheet at fair value. Interest rate swaps are contracts in which a series of interest rate flows (fixed and variable) are exchanged over a prescribed period. The notional amounts on which the interest payments are based are not exchanged. These derivative positions relate to transactions in which the Company enters into an interest rate swap with a commercial customer while at the same time entering into an offsetting interest rate swap with another financial institution, or counterparty. In connection with each transaction, the Company originates a floating rate loan to the customer at a notional amount. In turn, the customer contracts with the counterparty to swap the stream of cash flows associated with the floating interest rate loan with the Company for a stream of fixed interest rate cash flows based on the same notional amount as the Company’s loan. The transaction allows the customer to effectively convert a variable rate loan to a fixed rate loan with the Company receiving a variable rate. These agreements could have floors or caps on the contracted interest rates. Pursuant to agreements with various financial institutions, the Company may receive collateral or may be required to post collateral based upon mark-to-market positions. Beyond unsecured threshold levels, collateral in the form of cash or securities may be made available to counterparties of interest rate swap transactions. Based upon current positions and related future collateral requirements relating to them, management believes any effect on our cash flow or liquidity position to be immaterial. Derivatives contain an element of credit risk, the possibility that the Company will incur a loss because a counterparty, which may be a financial institution or a customer, fails to meet its contractual obligations. All derivative contracts with financial institutions may be executed only with counterparties approved by the Asset and Liability Committee (“ALCO”) and all derivatives with customers are approved by a team of qualified members from senior management who have been trained to understand the risk associated with interest rate swaps and have past industry experience. Interest rate swaps are considered derivatives but are not accounted for using hedge accounting. As such, changes in the estimated fair value of the derivatives are recorded in current earnings in the Consolidated Statements of Income. The following table indicates the amounts representing the fair value of derivative assets and derivative liabilities for the periods presented: Fair Values of Derivative Instruments June 30, 2021 December 31, 2020 (Dollars in Thousands) Number of Transactions Notional Amount Fair Value Number of Transactions Notional Amount Fair Value Derivatives not Designated as Hedging Instruments Interest Rate Lock Commitments – Mortgage Loans 2 $ 327 $ 2 1 $ 151 $ — Interest Rate Swap Contracts – Commercial Loans 52 330,726 2,772 38 255,572 4,493 Total Derivatives not Designated as Hedging Instruments 54 $ 331,053 $ 2,774 39 $ 255,723 $ 4,493 Fair Values of Derivative Instruments June 30, 2021 December 31, 2020 (Dollars in Thousands) Number of Transactions Notional Amount Fair Value Number of Transactions Notional Amount Fair Value Derivatives not Designated as Hedging Instruments Forward Sale Contracts – Mortgage Loans 2 $ 327 $ 2 1 $ 151 $ — Interest Rate Swap Contracts – Commercial Loans 52 330,726 2,882 38 255,572 4,756 Total Derivatives not Designated as Hedging Instruments 54 $ 331,053 $ 2,884 39 $ 255,723 $ 4,756 The following table indicates the income (loss) recognized in income on derivatives for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, (Dollars in Thousands) 2021 2020 2021 2020 Derivatives not Designated as Hedging Instruments Interest Rate Lock Commitments – Mortgage Loans $ 2 $ (5) $ 2 $ 6 Forward Sale Contracts – Mortgage Loans (2) 5 (2) (6) Interest Rate Swap Contracts – Commercial Loans (276) (108) 153 (199) Total Derivative (Loss) Income $ (276) $ (108) $ 153 $ (199) Presenting offsetting derivatives that are subject to legally enforceable netting arrangements with the same party is permitted. For example, we may have a derivative asset and a derivative liability with the same counterparty to a swap transaction and are permitted to offset the asset position and the liability position resulting in a net presentation. The following table indicates the gross amounts of commercial loan swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets at the dates presented: Asset Derivatives (Included in Other Assets) Liability Derivatives (Included in Other Liabilities) (Dollars in Thousands) June 30, December 31, June 30, December 31, Derivatives not Designated as Hedging Instruments Gross Amounts Recognized $ 2,772 $ 4,493 $ 2,882 $ 4,756 Gross Amounts Offset — — — — Net Amounts Presented in the Consolidated Balance Sheets 2,772 4,493 2,882 4,756 Gross Amounts Not Offset (1) — — (1,310) (5,220) Net Amount $ 2,772 $ 4,493 $ 1,572 $ (464) (1) Amounts represent collateral posted for the periods presented.

Federal Home Loan Bank Borrowin

Federal Home Loan Bank Borrowings	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Federal Home Loan Bank Borrowings	FEDERAL HOME LOAN BANK BORROWINGS Borrowings are an additional source of liquidity the Company. Federal Home Loan Bank, or (“FHLB”) borrowings were $30.0 million and $35.0 million at June 30, 2021 and December 31, 2020, respectively. FHLB borrowings are fixed rate advances for various terms and are secured by a blanket lien on select residential mortgages, select multifamily loans, and select commercial real estate loans at June 30, 2021 and December 31, 2020. Total loans pledged as collateral were $846.4 million and $804.2 million at June 30, 2021 and December 31, 2020, respectively. There were no securities available-for-sale pledged as collateral at both June 30, 2021 and December 31, 2020. The Company continues to methodically pledge additional eligible loans and expect continued progress in additional pledging throughout the year. The Company is eligible to borrow up to an additional $547.9 million based upon current qualifying collateral and has a maximum borrowing capacity of approximately $1.0 billion, or 25.0% of the Company’s assets, as of June 30, 2021. The Company had the capacity to borrow up to an additional $510.5 million from the FHLB at December 31, 2020. The following table represents the balance of long-term borrowings and the weighted average interest rate as of the periods presented: (Dollars in Thousands) June 30, 2021 December 31, 2020 Long-term Borrowings $ 30,000 $ 35,000 Weighted Average Interest Rate 1.15 % 1.13 % Scheduled annual maturities and weighted average interest rates for FHLB borrowings for each of the five years subsequent to June 30, 2021 and thereafter are as follows: (Dollars in Thousands) Balance Weighted 1 year $ 3,000 1.68 % 2 years 14,000 1.09 % 3 years 10,000 0.94 % 4 years 3,000 1.63 % 5 years — — % Thereafter — — % Total FHLB Borrowings $ 30,000 1.15 %

Commitment and Contingencies

Commitment and Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Commitments to extend credit, which amounted to $460.2 million at June 30, 2021 and $591.2 million at December 31, 2020, represent agreements to lend to customers with fixed expiration dates or other termination clauses. The Company provides lines of credit to our clients to finance the completion of construction projects and revolving lines of credit to operating companies to finance their working capital needs. Lines of credit for construction projects represent $284.6 million, or 61.8%, and $391.4 million, or 66.2%, of the commitments to extend credit at June 30, 2021 and December 31, 2020, respectively. Standby letters of credit are conditional commitments issued by the Company guaranteeing the performance of a customer to a third-party. Those guarantees are primarily issued to support public and private borrowing arrangements. The Company had outstanding letters of credit totaling $31.4 million at June 30, 2021 and $29.3 million at December 31, 2020. Our exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and unconditional obligations as it does for on balance sheet instruments. Unless noted otherwise, collateral or other security is required to support financial instruments with credit risk. Life-of-Loss Reserve on Unfunded Loan Commitments We maintain a life-of-loss reserve on unfunded commercial lending commitments and letters of credit to provide for the risk of loss inherent in these arrangements. The life-of-loss reserve is computed using a methodology similar to that used to determine the ACL for loans, modified to take into account the probability of a draw-down on the commitment. Results for reporting periods beginning after January 1, 2021 are presented under Topic 326, while prior period amounts continue to be reported in other expense on our Consolidated Statements of Income. The life-of-loss reserve for unfunded commitments is included in other liabilities on our Consolidated Balance Sheets. The activity in the life-of-loss reserve on unfunded loan commitments for the three and six months ended June 30, 2021 were as follows: (Dollars in Thousands) Three Months Ended June 30, 2021 Life-of-Loss Reserve on Unfunded Loan Commitments March 31, 2021 $ 2,770 Provision for unfunded commitments (603) June 30, 2021 $ 2,167 (Dollars in Thousands) Six Months Ended June 30, 2021 Life-of-Loss Reserve on Unfunded Loan Commitments Balance at beginning of period $ 144 Impact of Adopting ASU 2016-13 2,908 January 1, 2021 $ 3,052 Provision for unfunded commitments (885) June 30, 2021 $ 2,167 Our life-of-loss reserve for unfunded commitments is determined using a methodology similar to that used to determine the ACL. Amounts are added to the provision for unfunded commitments through a charge to current earnings in the provision for unfunded commitments. The provision for unfunded commitments was a release of $0.9 million for the six months ended June 30, 2021. Litigation In the normal course of business, the Company is subject to various legal and administrative proceedings and claims. Legal and administrative proceedings are subject to inherent uncertainties and unfavorable rulings could occur, and the timing and outcome of any legal or administrative proceeding cannot be predicted with certainty. Other than as set forth below, as of June 30, 2021, the Company is not involved in any other material pending legal proceedings other than proceedings occurring in the ordinary course of business. On May 31, 2021, the Bank and its directors were named as defendants in a lawsuit filed in the United States District Court for the Southern District of West Virginia by James C. Justice, II, Cathy L. Justice, James C. Justice, III and various related entities that he and/or they own and control (such entities, the “Justice Entities” and collectively, the “Plaintiffs”). The allegations contained in the lawsuit relate to a series of loans (the “Loans”) made by the Bank to certain Justice Entities that are secured by collateral pledged by certain Justice Entities and are backed by personal guarantees from James C. Justice, II and Cathy L. Justice and, in certain cases, by personal guarantees from James C. Justice, III. In the lawsuit the Plaintiffs allege that the Bank (i) breached an implied covenant of good faith and fair dealing, (ii) breached fiduciary duties of care and loyalty, and (iii) violated anti-tying restrictions of the Bank Holding Company Act of 1956, as amended, and allege that the Bank’s directors aided and abetted breaches of fiduciary duties of care and loyalty by the Bank. The Plaintiffs seek monetary damages of $421 million, additional punitive damages and interest on damages as allowed by law, payment of costs, expenses and attorneys’ fees, and a declaratory judgment from the court that certain confessions of judgment, release and affirmation agreements, and forbearance agreements executed by the Plaintiffs in favor of the Bank and relating to the Loans and/or their origination, extension, restructuring or forbearance, are unenforceable. On July 14, 2021, the Bank filed a motion to dismiss the lawsuit for improper venue or, in the alternative, to transfer the lawsuit from the United States District Court for the Southern District of West Virginia, to the United States District Court for the Western District of Virginia (the “WDVA”), including on the grounds that Plaintiffs executed approximately 90 documents between 2017 and 2020 that contain forum selection clauses that mandate either the WDVA or the Circuit Court in the City of Martinsville, Virginia as the exclusive forum to adjudicate disputes arising from the lending relationship between the Bank and the Plaintiffs. Also, on July 14, 2021, the Bank’s directors filed a motion to dismiss the lawsuit for lack of personal jurisdiction, including because the complaint contains no allegations that tie any of the Bank’s directors to West Virginia. Both motions are pending. The Company and the Bank deny the allegations contained in the lawsuit and intend to vigorously defend the matter and the validity of the confessions of judgment, release and affirmation agreements and forbearance agreements. Based on information presently available to the Company and the Bank and based on consultation with legal counsel, the Company believes that the Bank has meritorious defenses to all allegations contained in the lawsuit. At this early stage of the lawsuit, the Company is not yet able to make a determination as to the likelihood of an unfavorable outcome in this matter or to estimate the range of any possible loss.

Tax Effects on Other Comprehens

Tax Effects on Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Tax Effects on Other Comprehensive Income (Loss)	TAX EFFECTS ON OTHER COMPREHENSIVE INCOME (LOSS) The following table presents the change in components of other comprehensive income (loss) for the periods presented, net of tax effects: Three Months Ended June 30, 2021 Three Months Ended June 30, 2020 (Dollars in Thousands) Pre-Tax Amount Tax (Expense) Benefit Net of Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net of Tax Amount Net Unrealized Gains Arising during the period $ 8,456 $ (1,776) $ 6,680 $ 14,422 $ (3,029) $ 11,393 Reclassification Adjustment for Gains included in Net Income (1,499) 315 (1,184) (2,321) 488 (1,833) Other Comprehensive Income $ 6,957 $ (1,461) $ 5,496 $ 12,101 $ (2,541) $ 9,560 Six Months Ended June 30, 2021 Six Months Ended June 30, 2020 (Dollars in Thousands) Pre-Tax Amount Tax Benefit Net of Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net of Tax Amount Net Unrealized (Losses) Gains Arising during the period $ (2,038) $ 428 $ (1,610) $ 16,426 $ (3,449) $ 12,977 Reclassification Adjustment for Gains included in Net Income (5,109) 1,073 (4,036) (3,535) 742 (2,793) Other Comprehensive (Loss) Income $ (7,147) $ 1,501 $ (5,646) $ 12,891 $ (2,707) $ 10,184

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation: The interim Consolidated Financial Statements include the accounts of Carter Bankshares, Inc. (the “Company”) and its wholly owned subsidiaries, including Carter Bank & Trust (the “Bank”). All significant intercompany transactions have been eliminated in consolidation.
Basis of Presentation	Basis of Presentation: The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles (“GAAP”), in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the audited Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission (“SEC”), on March 12, 2021. In management’s opinion, the accompanying interim financial information reflects all adjustments, consisting of normal recurring adjustments, necessary to present fairly our financial position and the results of operations for each of the interim periods presented. Results of operations for interim periods are not necessarily indicative to the results of operations that may be expected for a full year or any future period.
Reorganization	Reorganization: The Company was incorporated on October 7, 2020, by and at the direction of the board of directors of the Bank, for the sole purpose of acquiring the Bank and serving as the Bank’s parent bank holding company pursuant to a corporate reorganization transaction (the “Reorganization”). The Reorganization was completed on November 20, 2020 pursuant to an Agreement and Plan of Reorganization among the Bank, the Company and CBT Merger Sub, Inc., and the Bank survived the Reorganization as a wholly-owned subsidiary of the Company.
Reclassification	Reclassification: Certain reclassifications have been made to the prior period financial statements to conform to the current period presentation. Reclassifications had no material effect on prior year net income or shareholders’ equity.
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Those estimates and assumptions affect the amounts reported in the consolidated financial statements and the disclosures provided. Actual results could differ from those estimates. Information available which could affect these judgments include, but are not limited to, changes in interest rates, changes in the performance of the economy, including COVID-19 related changes, and changes in the financial condition of borrowers.
Newly Adopted Pronouncements	Newly Adopted Pronouncements in 2021: In December 2019, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendments in this ASU simplifies the accounting for income taxes by removing certain exceptions and improves the consistent application of GAAP by clarifying and amending other existing guidance. The amendments in this ASU became effective on January 1, 2021 and did not have any material impact on our consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, universally referred to as Current Expected Credit Loss (“CECL”). The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today are still permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For periodic report filers that are not smaller reporting companies, such as the Company, this standard (Topic 326) was effective as of January 1, 2020. The Company elected to take advantage of Section 4014 of the CARES Act provision to temporarily delay adoption of the CECL methodology. The Company was subject to the adoption of the CECL accounting method under FASB ASU 2016-03 and related amendments, Financial Instruments – Credit Losses (Topic 326). The CARES Act allowed companies to defer the implementation of CECL until the earlier of when the national emergency related to the outbreak of COVID-19 ends or December 31, 2020 which was later extended to January 1, 2022. The Company adopted the CECL accounting method as of January 1, 2021 as allowed under the provisions of the CARES Act. The Bank’s CECL Committee, which includes members from Credit Administration, Accounting/Finance, Risk Management and Internal Audit, has oversight by the Chief Executive Officer, Chief Financial Officer, and Chief Credit Officer. We engaged a third-party to assist us in developing our CECL model and to assist with evaluation of data and methodologies related to this standard. As part of its process of adopting CECL, management implemented a third party software solution and determined appropriate loan segments, methodologies, model assumptions and qualitative components. Our CECL model includes portfolio loan segmentation based upon similar risk characteristics and both a quantitative and qualitative component of the calculation which incorporates a forecasting component of certain economic variables. Our implementation plan also includes the assessment and documentation of appropriate processes, policies and internal controls. Management had a third party independent consultant review and validate our CECL model. In addition, Topic 326 amends the accounting for credit losses on certain debt securities. The Company did not record any allowance for credit losses (“ACL”) on its debt securities as a result of adopting Topic 326. Accounting Statements Issued but Not Yet Adopted: In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments in this ASU provide optional guidance for a limited period of time to ease the potential burden in accounting for or recognizing the effects of reference rate reform on financial reporting. The amendments provide optional expedients and exceptions for applying GAAP to loan and lease agreements, derivative contracts, and other transactions affected by the anticipated transition away from the London Interbank Offered Rate (“LIBOR”) toward new interest rate benchmarks. Modified contracts that meet certain scope guidance are eligible for relief from the modification accounting requirements in US GAAP. The optional guidance generally allows for the modified contract to be accounted for as a continuation of the existing contract and does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. The amendments in this ASU are effective through December 31, 2022. We are evaluating the impacts of this ASU and have not yet determined whether LIBOR transition and this ASU will have material effects on our business operations or consolidated financial statements.
Allowance for Credit Losses Policy	Allowance for Credit Losses Policy The ACL represents an amount which, in management's judgment, is adequate to absorb expected losses on outstanding loans at the balance sheet date based on the evaluation of the size and current risk characteristics of the loan portfolio, past events, current conditions, reasonable and supportable forecasts of future economic conditions and prepayment experience. The ACL is measured and recorded upon the initial recognition of a financial asset. The ACL is reduced by charge-offs, net of recoveries of previous losses, and is increased or decreased by a provision for credit losses, which is recorded as a current period operating expense. Determination of an appropriate ACL is inherently complex and requires the use of significant and highly subjective estimates. The reasonableness of the ACL is reviewed quarterly by management. Management believes it uses relevant information available to make determinations about the ACL and that it has established the existing allowance in accordance with GAAP. However, the determination of the ACL requires significant judgment, and estimates of expected losses in the loan portfolio can vary significantly from the amounts actually observed. While management uses available information to recognize expected losses, future additions to the ACL may be necessary based on changes in the loans comprising the portfolio, changes in the current and forecasted economic conditions, changes to the interest rate environment which may directly impact prepayment and curtailment rate assumptions, and changes in the financial condition of borrowers. The adoption of CECL accounting did not result in a significant change to any other credit risk management and monitoring processes, including identification of past due or delinquent borrowers, nonaccrual practices, assessment of troubled debt restructurings or charge-off policy. The Company’s methodology for estimating the ACL includes: Segmentation. The Company’s loan portfolio is segmented by homogeneous loan types that behave similarly to economic cycles. Specific Analysis. A specific reserve analysis is applied to certain individually evaluated loans. These loans are evaluated quarterly generally based on collateral value, observable market value or the present value of expected future cash flows. A specific reserve is established if the fair value is less than the loan balance. A charge-off is recognized when the loss is quantifiable. Individually evaluated loans, not specifically analyzed, reside in the Quantitative Analysis. Quantitative Analysis. The Company elected to use Discounted Cash Flow (“DCF”). Economic forecasts include but are not limited to unemployment, the Consumer Price Index, the Housing Price Index and Gross Domestic Product. These forecasts are assumed to revert to the long-term average and utilized in the model to estimate the probability of default and loss given default through regression. Model assumptions include, but are not limited to, the discount rate, prepayments and curtailments. The product of the probability of default and the loss given default is the estimated loss rate, which varies over time. The estimated loss rate is applied within the appropriate periods in the cash flow model to determine the net present value. Net present value is also impacted by assumptions related to the duration between default and recovery. The reserve is based on the difference between the summation of the principal balances taking amortized costs into consideration and the summation of the net present values. Qualitative Analysis. Based on management’s review and analysis of internal, external and model risks, management may adjust the model output. Management reviews the peaks and troughs of the model’s calibration, taking into account economic forecasts to develop guardrails that serve as the basis for determining the reasonableness of the model’s output and makes adjustments as necessary. This process challenges unexpected variability resulting from outputs beyond the model’s calibration that appear to be unreasonable. Additionally, management may adjust the economic forecast if it is incompatible with known market conditions based on management’s experience and perspective. At Day 1 adoption of CECL, current expected losses of $10.2 million were recorded due to economic uncertainties related to the Company's hospitality portfolio. Between the Day 1 CECL model and the model ended June 30, 2021, additional current expected losses of $1.5 million were recognized, which resulted in a total current expected loss balance of $11.7 million as of June 30, 2021. Certain hospitality loans exhibit more than expected deterioration and the risk rating has been downgraded to non-pass to reflect the increased risk. “Other” Segmented Pool

Basis of Presentation (Tables)

Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounting Standards Update and Change in Accounting Principle	The following table illustrates the impact of Topic 326: January 1, 2021 (Dollars in Thousands) As Reported Under Pre Impact of Assets Allowance for Credit Losses on Loans Commercial Real Estate $ 41,458 $ 34,871 $ 6,587 Commercial and Industrial 4,071 2,692 1,379 Obligations of States and Political Subdivisions 951 951 — Residential Mortgages 5,356 2,000 3,356 Other Consumer 1,602 2,479 (877) Construction 6,277 6,357 (80) Other 56,001 4,724 51,277 Allowance for Credit Losses on Loans $ 115,716 $ 54,074 $ 61,642 Assets: Total Loans Held for Investments, net $ 2,831,454 $ 2,893,096 $ 61,642 Net deferred tax asset 21,413 7,589 13,824 Liabilities: Life-of-loss Reserve on Unfunded Loan Commitments 3,052 144 2,908 Equity: Retained Earnings $ 203,885 $ 254,611 $ (50,726) The adoption of Topic 326 resulted in a Day 1 adjustment of $64.5 million, including an increase to our ACL of $61.6 million and a $2.9 million life-of-loss reserve on our unfunded loan commitments recorded in other liabilities on our

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Basic and Diluted Earnings per Share Calculations	The following table reconciles the numerators and denominators of basic and diluted earnings per share calculations for the periods presented: Three Months Ended June 30, Six Months Ended June 30, (Dollars in Thousands, except share and per share data) 2021 2020 2021 2020 Numerator for Earnings per Share – Basic and Diluted Net Income $ 5,432 $ 4,455 $ 14,807 $ 8,878 Less: Income allocated to participating shares 25 15 69 30 Net Income Allocated to Common Shareholders $ 5,407 $ 4,440 $ 14,738 $ 8,848 Denominator: Weighted Average Shares Outstanding, including Shares Considered Participating Securities 26,466,922 26,384,957 26,437,761 26,373,803 Less: Average Participating Securities 122,818 88,528 122,818 88,528 Weighted Average Common Shares Outstanding 26,344,104 26,296,429 26,314,943 26,285,275 Earnings per Common Share – Basic $ 0.21 $ 0.17 $ 0.56 $ 0.34 Earnings per Common Share – Diluted $ 0.21 $ 0.17 $ 0.56 $ 0.34

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Value for Available-for-sale Securities	The following tables present the amortized cost and fair value of available-for-sale securities as of the dates presented: June 30, 2021 (Dollars in Thousands) Amortized Gross Gross Fair Value U.S. Treasury Securities $ 4,438 $ 27 $ (25) $ 4,440 U.S. Government Agency Securities 3,445 32 — 3,477 Residential Mortgage-Backed Securities 62,074 276 (456) 61,894 Commercial Mortgage-Backed Securities 2,134 111 — 2,245 Asset Backed Securities 137,926 816 (536) 138,206 Collateralized Mortgage Obligations 255,808 4,407 (405) 259,810 Small Business Administration 102,392 941 (659) 102,674 States and Political Subdivisions 221,818 8,544 (628) 229,734 Corporate Notes 40,750 382 (74) 41,058 Total Debt Securities $ 830,785 $ 15,536 $ (2,783) $ 843,538 December 31, 2020 (Dollars in Thousands) Amortized Gross Gross Fair Value Residential Mortgage-Backed Securities $ 44,057 $ 1,008 $ (341) $ 44,724 Commercial Mortgage-Backed Securities 5,194 253 — 5,447 Asset Backed Securities 133,672 884 (999) 133,557 Collateralized Mortgage Obligations 212,751 6,007 (399) 218,359 Small Business Administration 99,604 346 (805) 99,145 States and Political Subdivisions 239,251 13,490 (119) 252,622 Corporate Notes 24,250 582 (7) 24,825 Total Debt Securities $ 758,779 $ 22,570 $ (2,670) $ 778,679
Schedule of Gross and Net Realized Gains and Losses	The following table shows the composition of gross and net realized gains and losses for the periods presented: Three Months Ended June 30, Six Months Ended June 30, (Dollars in Thousands) 2021 2020 2021 2020 Proceeds from Sales of Securities Available-for-Sale $ 43,430 $ 42,167 $ 108,300 $ 96,669 Gross Realized Gains $ 1,565 $ 2,354 $ 5,194 $ 3,571 Gross Realized Losses (66) (33) (85) (36) Net Realized Gains 1,499 2,321 5,109 3,535 Tax Impact $ 318 $ 487 $ 1,076 $ 742
Schedule of Amortized Cost and Fair Value of Available-for-sale Debt Securities by Contractual Maturity	The amortized cost and fair value of available-for-sale debt securities are shown below by contractual maturity as of the date presented. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. June 30, 2021 (Dollars in Thousands) Amortized Fair Due in One Year or Less $ 1,157 $ 1,164 Due after One Year through Five Years 3,492 3,519 Due after Five Years through Ten Years 166,435 168,538 Due after Ten Years 201,759 208,162 Residential Mortgage-Backed Securities 62,074 61,894 Commercial Mortgage-Backed Securities 2,134 2,245 Collateralized Mortgage Obligations 255,808 259,810 Asset Backed Securities 137,926 138,206 Total Debt Securities $ 830,785 $ 843,538
Schedule of Available-for-sale Securities with Unrealized Losses	Available-for-sale securities with unrealized losses at June 30, 2021 and December 31, 2020, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position, were as follows: June 30, 2021 Less Than 12 Months 12 Months or More Total (Dollars in Thousands) Number Fair Unrealized Number Fair Unrealized Number Fair Unrealized U.S. Treasury Securities 1 $ 2,430 $ (25) — $ — $ — 1 $ 2,430 $ (25) Residential Mortgage-Backed Securities 13 39,144 (454) 3 27 (2) 16 39,171 (456) Asset Backed Securities 9 21,883 (100) 20 41,153 (436) 29 63,036 (536) Collateralized Mortgage Obligations 12 37,980 (257) 8 18,538 (148) 20 56,518 (405) Small Business Administration 5 7,885 (196) 58 26,895 (463) 63 34,780 (659) States and Political Subdivisions 27 34,467 (602) 2 696 (26) 29 35,163 (628) Corporate Notes 5 12,426 (74) — — — 5 12,426 (74) Total Debt Securities 72 $ 156,215 $ (1,708) 91 $ 87,309 $ (1,075) 163 $ 243,524 $ (2,783) December 31, 2020 Less Than 12 Months 12 Months or More Total (Dollars in Thousands) Number Fair Unrealized Number Fair Unrealized Number Fair Unrealized Residential Mortgage-Backed Securities 7 $ 21,109 $ (339) 3 $ 40 $ (2) 10 $ 21,149 $ (341) Asset Backed Securities 11 23,653 (219) 27 61,599 (780) 38 85,252 (999) Collateralized Mortgage Obligations 13 48,318 (212) 14 38,615 (187) 27 86,933 (399) Small Business Administration 7 10,444 (53) 73 47,371 (752) 80 57,815 (805) States and Political Subdivisions 12 12,558 (119) — — — 12 12,558 (119) Corporate Notes 1 2,493 (7) — — — 1 2,493 (7) Total Debt Securities 51 $ 118,575 $ (949) 117 $ 147,625 $ (1,721) 168 $ 266,200 $ (2,670)

Loans and Loans Held-For-Sale (

Loans and Loans Held-For-Sale (Tables)	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Schedule of Loan Portfolio by Dollar Amount	The composition of the loan portfolio by dollar amount is shown in the table below: (Dollars in Thousands) June 30, 2021 December 31, 2020 Commercial Commercial Real Estate $ 1,337,792 $ 1,453,799 Commercial and Industrial 413,842 557,164 Total Commercial Loans 1,751,634 2,010,963 Consumer Residential Mortgages 425,642 472,170 Other Consumer 43,336 57,647 Total Consumer Loans 468,978 529,817 Construction 320,885 406,390 Other (1) 375,157 — Total Portfolio Loans $ 2,916,654 $ 2,947,170 Loans Held-for-Sale $ 9,311 $ 25,437 Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value $ — $ 9,835 Total Loans $ 2,925,965 $ 2,982,442 (1) Refer to Note 1, Basis of Presentation for details of reclassification of our portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.
Schedule of Troubled Debt Restructurings	The following table summarizes the Company’s TDRs as of the dates presented: June 30, 2021 December 31, 2020 (Dollars in Thousands) Performing Nonperforming Total Performing Nonperforming Total Commercial Commercial Real Estate $ 6,107 $ 146 $ 6,253 $ 6,151 $ 21,667 $ 27,818 Commercial and Industrial — — — — — — Total Commercial TDRs 6,107 146 6,253 6,151 21,667 27,818 Consumer Residential Mortgages — — — 50,618 — 50,618 Other Consumer — — — — — — Total Consumer TDRs — — — 50,618 — 50,618 Construction 541 3,071 3,612 52,481 3,319 55,800 Other 99,566 — 99,566 — — — Total TDRs (1) $ 106,214 $ 3,217 $ 109,431 $ 109,250 $ 24,986 $ 134,236 (1) Refer to Note 1, Basis of Presentation for details of reclassification of our portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.
Schedule of Nonperforming Assets	The following table presents nonperforming assets as of June 30, 2021 and December 31, 2020. Nonperforming Assets (Dollars in Thousands) June 30, 2021 December 31, 2020 Nonperforming Assets Nonaccrual loans $ 6,351 $ 7,018 Nonaccrual TDRs 3,217 24,986 Total Nonaccrual Loans 9,568 32,004 Other Real Estate Owned, or (“OREO”) 21,250 15,722 Total Nonperforming Assets $ 30,818 $ 47,726

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2021
Credit Loss [Abstract]
Schedule of Loan Balances by Origination Year and Assigned Risk Rating	The following table presents loan balances by year of origination and internally assigned risk rating for our portfolio segments as of June 30, 2021: Risk Rating (Dollars in Thousands) 2021 2020 2019 2018 2017 2016 and Prior Revolving Total Commercial Real Estate Pass $ 58,201 $ 161,432 $ 196,469 $ 330,423 $ 118,980 $ 354,304 $ 52,651 $ 1,272,460 Special Mention — — 5,852 8,143 3,046 931 — 17,972 Substandard 230 — 471 4,553 34,889 7,217 — 47,360 Total Commercial Real Estate $ 58,431 $ 161,432 $ 202,792 $ 343,119 $ 156,915 $ 362,452 $ 52,651 $ 1,337,792 Commercial and Industrial Pass $ 25,615 $ 58,536 $ 14,819 $ 37,315 $ 23,016 $ 241,028 $ 12,815 $ 413,144 Special Mention — 10 — 13 — — — 23 Substandard — — 455 220 — — — 675 Total Commercial and Industrial $ 25,615 $ 58,546 $ 15,274 $ 37,548 $ 23,016 $ 241,028 $ 12,815 $ 413,842 Residential Mortgages Pass $ 74,684 $ 98,690 $ 79,166 $ 95,260 $ 8,937 $ 53,540 $ 10,896 $ 421,173 Special Mention — — — — — 570 — 570 Substandard — — 1,193 822 225 1,659 — 3,899 Total Residential Mortgages $ 74,684 $ 98,690 $ 80,359 $ 96,082 $ 9,162 $ 55,769 $ 10,896 $ 425,642 Other Consumer Pass $ 4,314 $ 13,420 $ 1,803 $ 794 $ 272 $ 22,268 $ 341 $ 43,212 Special Mention — — — — — — — — Substandard — 19 1 68 36 — — 124 Total Other Consumer $ 4,314 $ 13,439 $ 1,804 $ 862 $ 308 $ 22,268 $ 341 $ 43,336 Construction Pass $ 75,794 $ 104,595 $ 85,487 $ 10,913 $ 16,658 $ 4,337 $ 17,172 $ 314,956 Special Mention — — 179 — — 442 — 621 Substandard — 107 3,223 97 1,741 140 — 5,308 Total Construction $ 75,794 $ 104,702 $ 88,889 $ 11,010 $ 18,399 $ 4,919 $ 17,172 $ 320,885 Other Pass $ — $ — $ — $ — $ — $ 4,659 $ 219 $ 4,878 Special Mention — — — — 122,895 61,651 — 184,546 Substandard — — — 88,345 48,524 48,864 — 185,733 Total Other Loans $ — $ — $ — $ 88,345 $ 171,419 $ 115,174 $ 219 $ 375,157 Total Portfolio Loans Pass $ 238,608 $ 436,673 $ 377,744 $ 474,705 $ 167,863 $ 680,136 $ 94,094 $ 2,469,823 Special Mention — 10 6,031 8,156 125,941 63,594 — 203,732 Substandard 230 126 5,343 94,105 85,415 57,880 — 243,099 Total Portfolio Loans $ 238,838 $ 436,809 $ 389,118 $ 576,966 $ 379,219 $ 801,610 $ 94,094 $ 2,916,654 The following table presents loan balances by year of origination and performing and nonperforming status for our portfolio segments as of June 30, 2021. (Dollars in Thousands) 2021 2020 2019 2018 2017 2016 and Prior Revolving Total Commercial Real Estate Performing $ 58,201 $ 161,432 $ 202,321 $ 343,119 $ 156,915 $ 362,375 $ 52,651 $ 1,337,014 Nonperforming 230 — 471 — — 77 — 778 Total Commercial Real Estate $ 58,431 $ 161,432 $ 202,792 $ 343,119 $ 156,915 $ 362,452 $ 52,651 $ 1,337,792 Commercial and Industrial Performing $ 25,615 $ 58,546 $ 14,820 $ 37,328 $ 23,016 $ 241,028 $ 12,815 $ 413,168 Nonperforming — — 454 220 — — — 674 Total Commercial and Industrial $ 25,615 $ 58,546 $ 15,274 $ 37,548 $ 23,016 $ 241,028 $ 12,815 $ 413,842 Residential Mortgages Performing $ 74,684 $ 98,690 $ 79,165 $ 95,727 $ 8,937 $ 54,702 $ 10,896 $ 422,801 Nonperforming — — 1,194 355 225 1,067 — 2,841 Total Residential Mortgages $ 74,684 $ 98,690 $ 80,359 $ 96,082 $ 9,162 $ 55,769 $ 10,896 $ 425,642 Other Consumer Performing $ 4,314 $ 13,427 $ 1,804 $ 794 $ 298 $ 22,268 $ 341 $ 43,246 Nonperforming — 12 — 68 10 — — 90 Total Other Consumer $ 4,314 $ 13,439 $ 1,804 $ 862 $ 308 $ 22,268 $ 341 $ 43,336 Construction Performing $ 75,794 $ 104,595 $ 85,666 $ 11,010 $ 16,658 $ 4,805 $ 17,172 $ 315,700 Nonperforming — 107 3,223 — 1,741 114 — 5,185 Total Construction $ 75,794 $ 104,702 $ 88,889 $ 11,010 $ 18,399 $ 4,919 $ 17,172 $ 320,885 Other Performing $ — $ — $ — $ 88,345 $ 171,419 $ 115,174 $ 219 $ 375,157 Nonperforming — — — — — — — — Total Other Loans $ — $ — $ — $ 88,345 $ 171,419 $ 115,174 $ 219 $ 375,157 Total Portfolio Loans Performing $ 238,608 $ 436,690 $ 383,776 $ 576,323 $ 377,243 $ 800,352 $ 94,094 $ 2,907,086 Nonperforming 230 119 5,342 643 1,976 1,258 — 9,568 Total Portfolio Loans $ 238,838 $ 436,809 $ 389,118 $ 576,966 $ 379,219 $ 801,610 $ 94,094 $ 2,916,654 The following table presents the recorded investment in commercial loan classes by internally assigned risk ratings and loan classes by performing and nonperforming status as of June 30, 2021: June 30, 2021 (Dollars in Thousands) Commercial Commercial Residential Mortgage Other Consumer Construction Other Total Portfolio Pass $ 1,272,460 $ 413,144 $ 421,173 $ 43,212 $ 314,956 $ 4,878 $ 2,469,823 Special Mention 17,972 23 570 — 621 184,546 203,732 Substandard 47,360 675 3,899 124 5,308 185,733 243,099 Doubtful — — — — — — — Loss — — — — — — — Total Portfolio Loans $ 1,337,792 $ 413,842 $ 425,642 $ 43,336 $ 320,885 $ 375,157 $ 2,916,654 Performing $ 1,337,014 $ 413,168 $ 422,801 $ 43,246 $ 315,700 $ 375,157 $ 2,907,086 Nonperforming 778 674 2,841 90 5,185 — 9,568 Total Portfolio Loans $ 1,337,792 $ 413,842 $ 425,642 $ 43,336 $ 320,885 $ 375,157 $ 2,916,654 The following table presents the recorded investment in commercial loan classes by internally assigned risk ratings and loan classes by performing and nonperforming status as of December 31, 2020: December 31, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Pass $ 1,281,106 $ 478,536 $ 289,781 $ 415,773 $ 57,418 $ 2,522,614 Special Mention 126,535 48 58,899 723 6 186,211 Substandard 46,158 78,580 57,710 55,674 223 238,345 Doubtful — — — — — — Loss — — — — — — Total Portfolio Loans $ 1,453,799 $ 557,164 $ 406,390 $ 472,170 $ 57,647 $ 2,947,170 Performing $ 1,431,908 $ 556,708 $ 401,059 $ 468,035 $ 57,463 $ 2,915,173 Nonperforming 21,891 456 5,331 4,135 184 31,997 Total Portfolio Loans $ 1,453,799 $ 557,164 $ 406,390 $ 472,170 $ 57,647 $ 2,947,170 The following tables present the balances in the ALL and the recorded investment in the loan balances based on impairment method as of December 31, 2020: December 31, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Allowance for Loan Losses: Individually Evaluated for Impairment $ 13,773 $ — $ 1,477 $ — $ — $ 15,250 Collectively Evaluated for Impairment 22,655 5,064 6,527 2,099 2,479 38,824 Total Allowance for Loan Losses $ 36,428 $ 5,064 $ 8,004 $ 2,099 $ 2,479 $ 54,074 Total Portfolio Loans: Individually Evaluated for Impairment $ 27,666 $ — $ 56,987 $ 50,618 $ — $ 135,271 Collectively Evaluated for Impairment 1,426,133 557,164 349,403 421,552 57,647 2,811,899 Total Portfolio Loans $ 1,453,799 $ 557,164 $ 406,390 $ 472,170 $ 57,647 $ 2,947,170
Schedule of Loans Past Due	The following table presents the aging of the amortized cost basis in past due loans for our portfolio segments as of June 30, 2021 and December 31, 2020: June 30, 2021 (Dollars in Thousands) Current Loans Loans Total Nonaccrual Total Portfolio Commercial Real Estate $ 1,331,082 $ 80 $ 5,852 $ 5,932 $ 778 $ 1,337,792 Commercial and Industrial 413,044 31 93 124 674 413,842 Residential Mortgages 422,296 505 — 505 2,841 425,642 Other Consumer 42,919 207 120 327 90 43,336 Construction 315,684 16 — 16 5,185 320,885 Other 375,157 — — — — 375,157 Total (1) $ 2,900,182 $ 839 $ 6,065 $ 6,904 $ 9,568 $ 2,916,654 (1) Refer to Note 1, Basis of Presentation for details of reclassification of our portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. December 31, 2020 (Dollars in Thousands) Current Loans Loans Total Nonaccrual Total Portfolio Commercial Real Estate $ 1,428,092 $ 3,487 $ 329 $ 3,816 $ 21,891 $ 1,453,799 Commercial and Industrial 556,324 194 190 384 456 557,164 Construction 400,775 193 91 284 5,331 406,390 Residential Mortgages 466,688 1,347 — 1,347 4,135 472,170 Other Consumer 56,890 278 295 573 184 57,647 Total $ 2,908,769 $ 5,499 $ 905 $ 6,404 $ 31,997 $ 2,947,170
Schedule of Nonaccrual Loans	The following table presents loans on nonaccrual status and loans past due 90 days or more and still accruing by class of loan as of June 30, 2021. For the three and six months ended June 30, 2021, the amount of interest income on nonaccrual loans was immaterial. There were no loans at June 30, 2021 that were past due more than 90 days and still accruing. June 30, 2021 (Dollars in Thousands) Beginning of End of Nonaccrual Past Due Commercial Real Estate $ 21,891 $ 778 $ 146 $ — Commercial and Industrial 456 674 — — Residential Mortgages 4,135 2,841 — — Other Consumer 184 90 — — Construction 5,331 5,185 3,073 — Other — — — — Total Portfolio Loans $ 31,997 $ 9,568 $ 3,219 $ —
Schedule of Collateral Dependent Loans	The following table presents the amortized cost basis of individually evaluated loans as of June 30, 2021. Changes in the fair value of the collateral for individually evaluated loans are reported as credit loss expense or a reversal of credit loss expense in the period of change. June 30, 2021 Type of Collateral (Dollars in Thousands) Real Estate Commercial Real Estate $ 3,208 Commercial and Industrial — Residential Mortgages — Other Consumer — Construction 4,811 Other — Total $ 8,019
Schedule of activity in Allowance for Credit Losses	The following table presents activity in the ACL and ALL for the three and six months ended June 30, 2021 and June 30, 2020, respectively: Three Months Ended June 30, 2021 (Dollars in Thousands) Commercial Commercial Residential Other Construction Other (1) Total Allowance for Credit Losses on Loans: Balance at Beginning of Period $ 42,342 $ 4,905 $ 5,171 $ 1,347 $ 7,106 $ 56,001 $ 116,872 Provision for Credit Losses on Loans (6,103) (185) 217 269 1,039 5,730 967 Charge-offs (8,238) (7) (22) (539) — — (8,806) Recoveries 140 1 1 144 — — 286 Net (Charge-offs) / Recoveries (8,098) (6) (21) (395) — — (8,520) Balance at End of Period $ 28,141 $ 4,714 $ 5,367 $ 1,221 $ 8,145 $ 61,731 $ 109,319 (1) In connection with our adoption of Topic 326, we made changes to our loan portfolio segments to align with the methodology applied in determining the allowance under CECL. Our new segmentation breaks out Other loans from our original loan segments: CRE, C&I , residential mortgages and construction. The allowance balance at the beginning of period was reclassified to Other from their original loan segments: CRE, C&I, residential mortgages and construction to conform to current presentation. Six Months Ended June 30, 2021 (Dollars in Thousands) Commercial Commercial Residential Other Construction Other (1) Total Allowance for Credit Losses on Loans: Balance at Beginning of Period $ 34,871 $ 3,643 $ 2,000 $ 2,479 $ 6,357 $ 4,724 $ 54,074 Impact of CECL Adoption 6,587 1,379 3,356 (877) (80) 51,277 61,642 Provision for Credit Losses on Loans (5,219) (302) 61 747 1,807 5,730 2,824 Charge-offs (8,238) (8) (217) (1,409) — — (9,872) Recoveries 140 2 167 281 61 — 651 Net (Charge-offs) / Recoveries (8,098) (6) (50) (1,128) 61 — (9,221) Balance at End of Period $ 28,141 $ 4,714 $ 5,367 $ 1,221 $ 8,145 $ 61,731 $ 109,319 (1) In connection with our adoption of Topic 326, we made changes to our loan portfolio segments to align with the methodology applied in determining the allowance under CECL. Our new segmentation breaks out Other loans from our original loan segments: CRE, C&I , residential mortgages and construction. The allowance balance at the beginning of period was reclassified to Other from their original loan segments: CRE, C&I, residential mortgages and construction to conform to current presentation. Three Months Ended June 30, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Allowance for Loan Losses on Loans: Balance at Beginning of Period $ 26,073 $ 3,990 $ 7,334 $ 1,811 $ 3,734 $ 42,942 Provision for Loan Losses on Loans 2,513 848 1,043 390 679 5,473 Charge-offs (40) (8) — (15) (1,094) (1,157) Recoveries — 1 — — 146 147 Net (Charge-offs) / Recoveries (40) (7) — (15) (948) (1,010) Balance at End of Period $ 28,546 $ 4,831 $ 8,377 $ 2,186 $ 3,465 $ 47,405 Six Months Ended June 30, 2020 (Dollars in Thousands) Commercial Commercial Construction Residential Other Total Allowance for Loan Losses on Loans: Balance at Beginning of Period $ 24,706 $ 3,601 $ 5,420 $ 1,736 $ 3,299 $ 38,762 Provision for Loan Losses on Loans 3,173 1,274 2,957 470 2,397 10,271 Charge-offs (40) (46) — (20) (2,621) (2,727) Recoveries 707 2 — — 390 1,099 Net Recoveries / (Charge-offs) 667 (44) — (20) (2,231) (1,628) Balance at End of Period $ 28,546 $ 4,831 $ 8,377 $ 2,186 $ 3,465 $ 47,405
Schedule of Impaired Loans	The following table includes the recorded investment and unpaid principal balance for impaired loans with the associated allowance, if applicable, at December 31, 2020. (Dollars in Thousands) Unpaid Recorded Specific Loans without a Specific Valuation Allowance Commercial Real Estate $ 3,236 $ 3,236 $ — Construction 55,248 55,248 — Residential Mortgages 50,618 50,618 — Loans with a Specific Valuation Allowance Commercial Real Estate 24,430 24,430 13,773 Commercial & Industrial — — — Construction 1,739 1,739 1,477 Total by Category Commercial Real Estate 27,666 27,666 13,773 Commercial & Industrial — — — Construction 56,987 56,987 1,477 Residential Mortgages 50,618 50,618 — Total Impaired Loans $ 135,271 $ 135,271 $ 15,250 The following table presents the year-to-date average recorded investment and interest income recognized on individually evaluated loans for the three and six months ended June 30, 2020: June 30, 2020 Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 (Dollars in Thousands) Average Investment on Impaired Loans Interest Income Recognized Interest Income Recognized Loans without a Specific Valuation Allowance Commercial Real Estate $ 3,816 $ 32 $ 64 Construction 5,247 — — Residential Mortgages — — — Loans with a Specific Valuation Allowance Commercial Real Estate 28,727 — — Commercial & Industrial 307 — — Construction 53,752 595 1,008 Residential Mortgages 52,099 428 1,048 Total by Category Commercial Real Estate 32,543 32 64 Commercial & Industrial 307 — — Construction 58,999 595 1,008 Residential Mortgages 52,099 428 1,048 Total Impaired Loans $ 143,948 $ 1,055 $ 2,120

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Financial Assets Measured on a Recurring Basis	Financial assets measured at fair value on a recurring basis are summarized below for the periods presented: June 30, 2021 (Dollars in Thousands) Carrying Quoted Prices in Significant Other Significant Assets Securities Available-for-Sale $ 843,538 $ 4,440 $ 825,418 $ 13,680 Derivatives 2,774 — 2,774 — Total $ 846,312 $ 4,440 $ 828,192 $ 13,680 Liabilities Derivatives $ 2,884 $ — $ 2,884 $ — Total $ 2,884 $ — $ 2,884 $ — December 31, 2020 (Dollars in Thousands) Carrying Quoted Prices in Significant Other Significant Assets Securities Available-for-Sale $ 778,679 $ — $ 768,316 $ 10,363 Derivatives 4,493 — 4,493 — Total $ 783,172 $ — $ 772,809 $ 10,363 Liabilities Derivatives $ 4,756 $ — $ 4,756 $ — Total $ 4,756 $ — $ 4,756 $ —
Schedule of Financial LiabilitiesMeasured on a Recurring Basis	Financial assets measured at fair value on a recurring basis are summarized below for the periods presented: June 30, 2021 (Dollars in Thousands) Carrying Quoted Prices in Significant Other Significant Assets Securities Available-for-Sale $ 843,538 $ 4,440 $ 825,418 $ 13,680 Derivatives 2,774 — 2,774 — Total $ 846,312 $ 4,440 $ 828,192 $ 13,680 Liabilities Derivatives $ 2,884 $ — $ 2,884 $ — Total $ 2,884 $ — $ 2,884 $ — December 31, 2020 (Dollars in Thousands) Carrying Quoted Prices in Significant Other Significant Assets Securities Available-for-Sale $ 778,679 $ — $ 768,316 $ 10,363 Derivatives 4,493 — 4,493 — Total $ 783,172 $ — $ 772,809 $ 10,363 Liabilities Derivatives $ 4,756 $ — $ 4,756 $ — Total $ 4,756 $ — $ 4,756 $ —
Schedule of Financial Assets Measured on a Nonrecurring Basis	Financial assets measured at fair value on a nonrecurring basis are summarized below for the periods presented: June 30, 2021 (Dollars in Thousands) Level 1 Level 2 Level 3 Fair Value OREO $ — $ — $ 21,250 $ 21,250 Individually Evaluated Loans $ — $ — $ 2,928 $ 2,928 December 31, 2020 (Dollars in Thousands) Level 1 Level 2 Level 3 Fair Value OREO $ — $ — $ 15,722 $ 15,722 Impaired Loans $ — $ — $ 10,919 $ 10,919
Schedule of Assets Measured at Fair Value on Nonrecurring Basis, Valuation Techniques	The following table summarizes the Company’s assets that were measured at fair value on a nonrecurring basis for the periods presented: June 30, 2021 (Dollars in Thousands) Fair Valuation Unobservable Weighted Average Assets Individually Evaluated Loans $ 2,698 Discounted Appraisals Estimated Selling Costs & Qualitative Adjustments 12.0 – 50.0% 20.8 % Individually Evaluated Loans 230 Discounted Appraisals Estimated Selling Costs 20.9 % 20.9 % Total Individually Evaluated Loans $ 2,928 Other Real Estate Owned $ 9,511 Appraisals Estimated Selling Costs 6.0 – 10.0% 6.5 % Other Real Estate Owned 1,033 Discounted Cash Flow Discount Rate 6.3 % 6.3 % Other Real Estate Owned 1,469 Internal Valuations Estimated Selling Costs 5.0 % 5.0 % Other Real Estate Owned 9,237 Discounted Internal Valuations Management’s Discount & Estimated Selling Costs 0.0 % – 50.7% 2.4 % Total Other Real Estate Owned $ 21,250 December 31, 2020 (Dollars in Thousands) Fair Valuation Unobservable Weighted Average Assets Impaired Loans $ 1,163 Discounted Appraisals Estimated Selling Costs 43.0 % 43.0 % Impaired Loans 9,494 Discounted Appraisals Estimated Selling Costs & Qualitative Adjustments 12.0 – 50.0% 33.2 % Impaired Loans 262 Discounted Appraisals Estimated Selling Costs 20.9 % 20.9 % Total Impaired Loans $ 10,919 Other Real Estate Owned $ 11,972 Appraisals Estimated Selling Costs 6.0 – 10.0% 6.5 % Other Real Estate Owned 1,260 Discounted Cash Flow Discount Rate 6.3 % 6.3 % Other Real Estate Owned 1,583 Internal Valuations Estimated Selling Costs 5.0 % 5.0 % Other Real Estate Owned 907 Discounted Internal Valuations Management’s Discount & Estimated Selling Costs 33.7 – 73.5% 55.5 % Total Other Real Estate Owned $ 15,722
Schedule of Financial Instruments, Carrying Values and Estimated Fair Values	The carrying values and estimated fair values of our financial instruments at June 30, 2021 and December 31, 2020 are presented in the following tables. Fair values for June 30, 2021 and December 31, 2020 are estimated under the exit price notion in accordance with ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities.” GAAP requires disclosure of fair value information about financial instruments carried at book value on the consolidated balance sheet. in cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. Fair Value Measurements at June 30, 2021 (Dollars in Thousands) Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 216,651 $ 41,850 $ 174,801 $ — $ 216,651 Securities Available-for-Sale 843,538 4,440 825,418 13,680 843,538 Loans Held-for-Sale 9,311 — — 9,311 9,311 Portfolio Loans, net 2,807,335 — — 2,768,885 2,768,885 Federal Home Loan Bank Stock, at Cost 3,215 — — NA NA Other Assets- Interest Rate Derivatives 2,774 — 2,774 — 2,774 Accrued Interest Receivable 31,619 17 2,998 28,604 31,619 Financial Liabilities: Deposits $ 3,659,341 $ 720,231 $ 1,481,942 $ 1,480,465 $ 3,682,638 Other Liabilities- Interest Rate Derivatives 2,884 — 2,884 — 2,884 FHLB Borrowings 30,000 — — 30,198 30,198 Accrued Interest Payable 1,691 — — 1,691 1,691 Fair Value Measurements at December 31, 2020 (Dollars in Thousands) Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 241,942 $ 38,535 $ 203,407 $ — $ 241,942 Securities Available-for-Sale 778,679 — 768,316 10,363 778,679 Loans Held-for-Sale 25,437 — — 25,437 25,437 Portfolio Loans, net 2,893,096 — — 2,854,244 2,854,244 Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value 9,835 — — 9,835 9,835 Federal Home Loan Bank Stock, at Cost 5,093 — — NA NA Other Assets- Interest Rate Derivatives 4,493 — 4,493 — 4,493 Accrued Interest Receivable 32,157 — 2,887 29,270 32,157 Financial Liabilities: Deposits $ 3,599,911 $ 699,229 $ 1,285,912 $ 1,640,587 $ 3,625,728 Deposits Held for Assumption in Connection with Sale of Bank Branches 84,717 9,506 18,699 56,512 84,717 Other Liabilities- Interest Rate Derivatives 4,756 — 4,756 — 4,756 FHLB Borrowings 35,000 — — 35,461 35,461 Accrued Interest Payable 2,131 — — 2,131 2,131

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Assets and Liabilities	The following table indicates the amounts representing the fair value of derivative assets and derivative liabilities for the periods presented: Fair Values of Derivative Instruments June 30, 2021 December 31, 2020 (Dollars in Thousands) Number of Transactions Notional Amount Fair Value Number of Transactions Notional Amount Fair Value Derivatives not Designated as Hedging Instruments Interest Rate Lock Commitments – Mortgage Loans 2 $ 327 $ 2 1 $ 151 $ — Interest Rate Swap Contracts – Commercial Loans 52 330,726 2,772 38 255,572 4,493 Total Derivatives not Designated as Hedging Instruments 54 $ 331,053 $ 2,774 39 $ 255,723 $ 4,493 Fair Values of Derivative Instruments June 30, 2021 December 31, 2020 (Dollars in Thousands) Number of Transactions Notional Amount Fair Value Number of Transactions Notional Amount Fair Value Derivatives not Designated as Hedging Instruments Forward Sale Contracts – Mortgage Loans 2 $ 327 $ 2 1 $ 151 $ — Interest Rate Swap Contracts – Commercial Loans 52 330,726 2,882 38 255,572 4,756 Total Derivatives not Designated as Hedging Instruments 54 $ 331,053 $ 2,884 39 $ 255,723 $ 4,756
Schedule of Loss Recognized in Income on Derivatives	The following table indicates the income (loss) recognized in income on derivatives for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, (Dollars in Thousands) 2021 2020 2021 2020 Derivatives not Designated as Hedging Instruments Interest Rate Lock Commitments – Mortgage Loans $ 2 $ (5) $ 2 $ 6 Forward Sale Contracts – Mortgage Loans (2) 5 (2) (6) Interest Rate Swap Contracts – Commercial Loans (276) (108) 153 (199) Total Derivative (Loss) Income $ (276) $ (108) $ 153 $ (199)
Schedule of Offsetting Assets	The following table indicates the gross amounts of commercial loan swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets at the dates presented: Asset Derivatives (Included in Other Assets) Liability Derivatives (Included in Other Liabilities) (Dollars in Thousands) June 30, December 31, June 30, December 31, Derivatives not Designated as Hedging Instruments Gross Amounts Recognized $ 2,772 $ 4,493 $ 2,882 $ 4,756 Gross Amounts Offset — — — — Net Amounts Presented in the Consolidated Balance Sheets 2,772 4,493 2,882 4,756 Gross Amounts Not Offset (1) — — (1,310) (5,220) Net Amount $ 2,772 $ 4,493 $ 1,572 $ (464) (1) Amounts represent collateral posted for the periods presented.
Schedule of Offsetting Liabilities	The following table indicates the gross amounts of commercial loan swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets at the dates presented: Asset Derivatives (Included in Other Assets) Liability Derivatives (Included in Other Liabilities) (Dollars in Thousands) June 30, December 31, June 30, December 31, Derivatives not Designated as Hedging Instruments Gross Amounts Recognized $ 2,772 $ 4,493 $ 2,882 $ 4,756 Gross Amounts Offset — — — — Net Amounts Presented in the Consolidated Balance Sheets 2,772 4,493 2,882 4,756 Gross Amounts Not Offset (1) — — (1,310) (5,220) Net Amount $ 2,772 $ 4,493 $ 1,572 $ (464) (1) Amounts represent collateral posted for the periods presented.

Federal Home Loan Bank Borrow_2

Federal Home Loan Bank Borrowings (Tables)	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Schedule of Long-term Borrowings	The following table represents the balance of long-term borrowings and the weighted average interest rate as of the periods presented: (Dollars in Thousands) June 30, 2021 December 31, 2020 Long-term Borrowings $ 30,000 $ 35,000 Weighted Average Interest Rate 1.15 % 1.13 %
Schedule of Maturities of Long-term Debt	Scheduled annual maturities and weighted average interest rates for FHLB borrowings for each of the five years subsequent to June 30, 2021 and thereafter are as follows: (Dollars in Thousands) Balance Weighted 1 year $ 3,000 1.68 % 2 years 14,000 1.09 % 3 years 10,000 0.94 % 4 years 3,000 1.63 % 5 years — — % Thereafter — — % Total FHLB Borrowings $ 30,000 1.15 %

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Schedule of Life-of-loss Reserve on Unfunded Loan Commitments	The activity in the life-of-loss reserve on unfunded loan commitments for the three and six months ended June 30, 2021 were as follows: (Dollars in Thousands) Three Months Ended June 30, 2021 Life-of-Loss Reserve on Unfunded Loan Commitments March 31, 2021 $ 2,770 Provision for unfunded commitments (603) June 30, 2021 $ 2,167 (Dollars in Thousands) Six Months Ended June 30, 2021 Life-of-Loss Reserve on Unfunded Loan Commitments Balance at beginning of period $ 144 Impact of Adopting ASU 2016-13 2,908 January 1, 2021 $ 3,052 Provision for unfunded commitments (885) June 30, 2021 $ 2,167

Tax Effects on Other Comprehe_2

Tax Effects on Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Comprehensive Income (Loss)	The following table presents the change in components of other comprehensive income (loss) for the periods presented, net of tax effects: Three Months Ended June 30, 2021 Three Months Ended June 30, 2020 (Dollars in Thousands) Pre-Tax Amount Tax (Expense) Benefit Net of Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net of Tax Amount Net Unrealized Gains Arising during the period $ 8,456 $ (1,776) $ 6,680 $ 14,422 $ (3,029) $ 11,393 Reclassification Adjustment for Gains included in Net Income (1,499) 315 (1,184) (2,321) 488 (1,833) Other Comprehensive Income $ 6,957 $ (1,461) $ 5,496 $ 12,101 $ (2,541) $ 9,560 Six Months Ended June 30, 2021 Six Months Ended June 30, 2020 (Dollars in Thousands) Pre-Tax Amount Tax Benefit Net of Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net of Tax Amount Net Unrealized (Losses) Gains Arising during the period $ (2,038) $ 428 $ (1,610) $ 16,426 $ (3,449) $ 12,977 Reclassification Adjustment for Gains included in Net Income (5,109) 1,073 (4,036) (3,535) 742 (2,793) Other Comprehensive (Loss) Income $ (7,147) $ 1,501 $ (5,646) $ 12,891 $ (2,707) $ 10,184

Basis of Presentation - Reorgan

Basis of Presentation - Reorganization (Details)	Nov. 20, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Conversion ratio	1

Basis of Presentation - Narrati

Basis of Presentation - Narrative CECL Adoption (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings	$ 218,692			$ 218,692		$ 254,611
Allowance for credit losses	109,319	$ 116,872		109,319		54,074
Life-of-loss Reserve on Unfunded Loan Commitments	2,167			2,167		144
Provision for loan losses on loans	967		$ 5,473	2,824	$ 10,271
Hospitality Loans | Payment Deferral
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Provision for loan losses on loans				11,700
Hospitality Loans | Payment Deferral | Day 1 Model
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Provision for loan losses on loans				10,200
Hospitality Loans | Payment Deferral | Other Model
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Provision for loan losses on loans		1,500
Other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses	61,731	56,001		61,731		4,724
Provision for loan losses on loans	$ 5,730			$ 5,730
Impact of Topic 326 Adoption
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings						(50,726)
Day 1 adjustment						64,500
Allowance for credit losses						61,642
Life-of-loss Reserve on Unfunded Loan Commitments						2,908
Impact of Topic 326 Adoption | Other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses		$ 51,300				$ 51,277

Basis of Presentation - Adopted

Basis of Presentation - Adopted of CECL (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses	$ 109,319	$ 116,872	$ 54,074
Total Loans Held for Investments, net	2,807,335		2,893,096
Net deferred tax asset			7,589
Life-of-loss Reserve on Unfunded Loan Commitments	2,167		144
Retained Earnings	218,692		254,611
Commercial Real Estate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses	28,141	42,342	34,871
Commercial and Industrial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			2,692
Obligations of States and Political Subdivisions
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			951
Residential Mortgages
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses	5,367	5,171	2,000
Other Consumer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses	1,221	1,347	2,479
Construction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses	8,145	7,106	6,357
Other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses	$ 61,731	56,001	4,724
As Reported Under Topic 326
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			115,716
Total Loans Held for Investments, net			2,831,454
Net deferred tax asset			21,413
Life-of-loss Reserve on Unfunded Loan Commitments		2,770	3,052
Retained Earnings			203,885
As Reported Under Topic 326 | Commercial Real Estate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			41,458
As Reported Under Topic 326 | Commercial and Industrial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			4,071
As Reported Under Topic 326 | Obligations of States and Political Subdivisions
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			951
As Reported Under Topic 326 | Residential Mortgages
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			5,356
As Reported Under Topic 326 | Other Consumer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			1,602
As Reported Under Topic 326 | Construction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			6,277
As Reported Under Topic 326 | Other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			56,001
Impact of Topic 326 Adoption
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			61,642
Total Loans Held for Investments, net			61,642
Net deferred tax asset			13,824
Life-of-loss Reserve on Unfunded Loan Commitments			2,908
Retained Earnings			(50,726)
Impact of Topic 326 Adoption | Commercial Real Estate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			6,587
Impact of Topic 326 Adoption | Commercial and Industrial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			1,379
Impact of Topic 326 Adoption | Obligations of States and Political Subdivisions
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			0
Impact of Topic 326 Adoption | Residential Mortgages
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			3,356
Impact of Topic 326 Adoption | Other Consumer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			(877)
Impact of Topic 326 Adoption | Construction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses			(80)
Impact of Topic 326 Adoption | Other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for Credit Losses		$ 51,300	$ 51,277

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Numerator for Earnings per Share – Basic and Diluted
Net Income	$ 5,432	$ 4,455	$ 14,807	$ 8,878
Less: Income allocated to participating shares	25	15	69	30
Net Income Allocated to Common Shareholders	$ 5,407	$ 4,440	$ 14,738	$ 8,848
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted Average Shares Outstanding, including Shares Considered Participating Securities (in shares)	26,466,922	26,384,957	26,437,761	26,373,803
Add: average participating shares outstanding (in shares)	122,818	88,528	122,818	88,528
Average shares outstanding - Diluted (in shares)	26,344,104	26,296,429	26,314,943	26,285,275
Weighted average shares outstanding - basic (in shares)	26,344,104	26,296,429	26,314,943	26,285,275
Earnings per common share - basic (in usd per share)	$ 0.21	$ 0.17	$ 0.56	$ 0.34
Earnings per common share - diluted (in usd per share)	$ 0.21	$ 0.17	$ 0.56	$ 0.34

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 830,785	$ 758,779
Gross Unrealized Gains	15,536	22,570
Gross Unrealized Losses	(2,783)	(2,670)
Securities Available-for-Sale	843,538	778,679
U.S. Treasury Securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	4,438
Gross Unrealized Gains	27
Gross Unrealized Losses	(25)
Securities Available-for-Sale	4,440
U.S. Government Agency Securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	3,445
Gross Unrealized Gains	32
Gross Unrealized Losses	0
Securities Available-for-Sale	3,477
Residential Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	62,074	44,057
Gross Unrealized Gains	276	1,008
Gross Unrealized Losses	(456)	(341)
Securities Available-for-Sale	61,894	44,724
Commercial Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	2,134	5,194
Gross Unrealized Gains	111	253
Gross Unrealized Losses	0	0
Securities Available-for-Sale	2,245	5,447
Asset Backed Securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	137,926	133,672
Gross Unrealized Gains	816	884
Gross Unrealized Losses	(536)	(999)
Securities Available-for-Sale	138,206	133,557
Collateralized Mortgage Obligations
Debt Securities, Available-for-sale [Line Items]
Amortized cost	255,808	212,751
Gross Unrealized Gains	4,407	6,007
Gross Unrealized Losses	(405)	(399)
Securities Available-for-Sale	259,810	218,359
Small Business Administration
Debt Securities, Available-for-sale [Line Items]
Amortized cost	102,392	99,604
Gross Unrealized Gains	941	346
Gross Unrealized Losses	(659)	(805)
Securities Available-for-Sale	102,674	99,145
States and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized cost	221,818	239,251
Gross Unrealized Gains	8,544	13,490
Gross Unrealized Losses	(628)	(119)
Securities Available-for-Sale	229,734	252,622
Corporate Notes
Debt Securities, Available-for-sale [Line Items]
Amortized cost	40,750	24,250
Gross Unrealized Gains	382	582
Gross Unrealized Losses	(74)	(7)
Securities Available-for-Sale	$ 41,058	$ 24,825

Investment Securities - Narrati

Investment Securities - Narrative (Details)	Jun. 30, 2021USD ($)security	Dec. 31, 2020USD ($)security
Investments, Debt and Equity Securities [Abstract]
Debt securities, held-to-maturity	$ 0	$ 0
Carrying value of securities pledged as collateral	145,900,000	$ 146,000,000
Allowance for credit losses	$ 0
AFS, total, number of securities | security	163	168

Investment Securities - Gain (L

Investment Securities - Gain (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Proceeds from Sales of Securities Available-for-Sale	$ 43,430	$ 42,167	$ 108,300	$ 96,669
Gross Realized Gains	1,565	2,354	5,194	3,571
Gross Realized Losses	(66)	(33)	(85)	(36)
Net Realized Gains	1,499	2,321	5,109	3,535
Tax Impact	$ 318	$ 487	$ 1,076	$ 742

Investment Securities - Contrac

Investment Securities - Contractual Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Amortized Cost
Due in One Year or Less	$ 1,157
Due after One Year through Five Years	3,492
Due after Five Years through Ten Years	166,435
Due after Ten Years	201,759
Amortized cost	830,785	$ 758,779
Fair Value
Due in One Year or Less	1,164
Due after One Year through Five Years	3,519
Due after Five Years through Ten Years	168,538
Due after Ten Years	208,162
Fair Value	843,538	778,679
Residential Mortgage-Backed Securities
Amortized Cost
Without single maturity date	62,074
Amortized cost	62,074	44,057
Fair Value
Without single maturity date	61,894
Fair Value	61,894	44,724
Commercial Mortgage-Backed Securities
Amortized Cost
Without single maturity date	2,134
Amortized cost	2,134	5,194
Fair Value
Without single maturity date	2,245
Fair Value	2,245	5,447
Collateralized Mortgage Obligations
Amortized Cost
Without single maturity date	255,808
Amortized cost	255,808	212,751
Fair Value
Without single maturity date	259,810
Fair Value	259,810	218,359
Asset Backed Securities
Amortized Cost
Without single maturity date	137,926
Amortized cost	137,926	133,672
Fair Value
Without single maturity date	138,206
Fair Value	$ 138,206	$ 133,557

Investment Securities - Continu

Investment Securities - Continuous Loss Position (Details) $ in Thousands	Jun. 30, 2021USD ($)security	Dec. 31, 2020USD ($)security
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	72	51
AFS, less than 12 months, fair value	$ 156,215	$ 118,575
AFS, less than 12 months, unrealized losses	$ (1,708)	$ (949)
AFS, 12 months or more, number of securities | security	91	117
AFS, 12 months or more, fair value	$ 87,309	$ 147,625
AFS, 12 months or more, unrealized losses	$ (1,075)	$ (1,721)
AFS, total, number of securities | security	163	168
AFS, total, fair value	$ 243,524	$ 266,200
AFS, total, unrealized losses	$ (2,783)	$ (2,670)
U.S. Treasury Securities
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	1
AFS, less than 12 months, fair value	$ 2,430
AFS, less than 12 months, unrealized losses	$ (25)
AFS, 12 months or more, number of securities | security	0
AFS, 12 months or more, fair value	$ 0
AFS, 12 months or more, unrealized losses	$ 0
AFS, total, number of securities | security	1
AFS, total, fair value	$ 2,430
AFS, total, unrealized losses	$ (25)
Residential Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	13	7
AFS, less than 12 months, fair value	$ 39,144	$ 21,109
AFS, less than 12 months, unrealized losses	$ (454)	$ (339)
AFS, 12 months or more, number of securities | security	3	3
AFS, 12 months or more, fair value	$ 27	$ 40
AFS, 12 months or more, unrealized losses	$ (2)	$ (2)
AFS, total, number of securities | security	16	10
AFS, total, fair value	$ 39,171	$ 21,149
AFS, total, unrealized losses	$ (456)	$ (341)
Asset Backed Securities
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	9	11
AFS, less than 12 months, fair value	$ 21,883	$ 23,653
AFS, less than 12 months, unrealized losses	$ (100)	$ (219)
AFS, 12 months or more, number of securities | security	20	27
AFS, 12 months or more, fair value	$ 41,153	$ 61,599
AFS, 12 months or more, unrealized losses	$ (436)	$ (780)
AFS, total, number of securities | security	29	38
AFS, total, fair value	$ 63,036	$ 85,252
AFS, total, unrealized losses	$ (536)	$ (999)
Collateralized Mortgage Obligations
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	12	13
AFS, less than 12 months, fair value	$ 37,980	$ 48,318
AFS, less than 12 months, unrealized losses	$ (257)	$ (212)
AFS, 12 months or more, number of securities | security	8	14
AFS, 12 months or more, fair value	$ 18,538	$ 38,615
AFS, 12 months or more, unrealized losses	$ (148)	$ (187)
AFS, total, number of securities | security	20	27
AFS, total, fair value	$ 56,518	$ 86,933
AFS, total, unrealized losses	$ (405)	$ (399)
Small Business Administration
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	5	7
AFS, less than 12 months, fair value	$ 7,885	$ 10,444
AFS, less than 12 months, unrealized losses	$ (196)	$ (53)
AFS, 12 months or more, number of securities | security	58	73
AFS, 12 months or more, fair value	$ 26,895	$ 47,371
AFS, 12 months or more, unrealized losses	$ (463)	$ (752)
AFS, total, number of securities | security	63	80
AFS, total, fair value	$ 34,780	$ 57,815
AFS, total, unrealized losses	$ (659)	$ (805)
States and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	27	12
AFS, less than 12 months, fair value	$ 34,467	$ 12,558
AFS, less than 12 months, unrealized losses	$ (602)	$ (119)
AFS, 12 months or more, number of securities | security	2	0
AFS, 12 months or more, fair value	$ 696	$ 0
AFS, 12 months or more, unrealized losses	$ (26)	$ 0
AFS, total, number of securities | security	29	12
AFS, total, fair value	$ 35,163	$ 12,558
AFS, total, unrealized losses	$ (628)	$ (119)
Corporate Notes
Debt Securities, Available-for-sale [Line Items]
AFS, less than 12 months, number of securities | security	5	1
AFS, less than 12 months, fair value	$ 12,426	$ 2,493
AFS, less than 12 months, unrealized losses	$ (74)	$ (7)
AFS, 12 months or more, number of securities | security	0	0
AFS, 12 months or more, fair value	$ 0	$ 0
AFS, 12 months or more, unrealized losses	$ 0	$ 0
AFS, total, number of securities | security	5	1
AFS, total, fair value	$ 12,426	$ 2,493
AFS, total, unrealized losses	$ (74)	$ (7)

Loans and Loans Held-For-Sale -

Loans and Loans Held-For-Sale - Loan Portfolios (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	$ 2,916,654		$ 2,947,170
Loans Held-for-Sale	9,311		25,437
Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value	0		9,835
Total Loans	2,925,965		2,982,442
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	1,337,792		1,453,799
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	413,842		557,164
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	1,751,634		2,010,963
Residential Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	425,642		472,170
Other Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	43,336		57,647
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	468,978		529,817
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	320,885		406,390
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio Loans	$ 375,157	$ 373,400	$ 0

Loans and Loans Held-For-Sale_2

Loans and Loans Held-For-Sale - Narrative (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020security	Jun. 30, 2021USD ($)	Jun. 30, 2020security	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	$ 2,916,654,000		$ 2,916,654,000			$ 2,947,170,000
Allowance for credit losses	109,319,000		109,319,000		$ 116,872,000	54,074,000
Net deferred costs	2,900,000		2,900,000			3,000,000
Discount on purchase 1-4 family loans	205,000		205,000			219,000
Loans held-for-sale	9,311,000		9,311,000			25,437,000
Loans held-for-sale in connection with sale of bank branches, at the lower cost or fair value	0		0			9,835,000
Troubled debt restructuring increase (decrease)			$ (24,800,000)
Troubled debt restructuring, increase (decrease), percentage			(18.50%)
Troubled debt restructuring	109,431,000		$ 109,431,000			134,236,000
Troubled debt restructuring, pay-downs	13,600,000		16,600,000
Troubled debt restructuring, charges-offs			8,200,000
Troubled debt restructuring, subsequent default	0		0
Mortgage loans in process of foreclosure	15,000		15,000			67,000
Other real estate owned, net	21,250,000		21,250,000			15,722,000
Impact of Topic 326 Adoption
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses						61,642,000
Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other real estate owned, net	57,000		57,000			109,000
Nonperforming TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	9,568,000		9,568,000			31,997,000
Troubled debt restructuring	3,217,000		3,217,000			24,986,000
Troubled debt restructuring, loans with previous subsequent default	0		$ 0			25,000,000
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan segment limit, percentage of total risk based capital			300.00%
Loan segment limit, percentage of growth in excess over previous 36 months			50.00%
Portfolio loans	1,337,792,000		$ 1,337,792,000			1,453,799,000
Allowance for credit losses	28,141,000		28,141,000		42,342,000	34,871,000
Troubled debt restructuring	6,253,000		6,253,000			27,818,000
Commercial Real Estate | Impact of Topic 326 Adoption
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses						6,587,000
Commercial Real Estate | Nonperforming TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	778,000		778,000			21,891,000
Troubled debt restructuring	146,000		$ 146,000			21,667,000
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan segment limit, percentage of total risk based capital			100.00%
Portfolio loans	320,885,000		$ 320,885,000			406,390,000
Allowance for credit losses	8,145,000		8,145,000		7,106,000	6,357,000
Troubled debt restructuring	3,612,000		3,612,000			55,800,000
Construction | Impact of Topic 326 Adoption
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses						(80,000)
Construction | Nonperforming TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	5,185,000		5,185,000			5,331,000
Troubled debt restructuring	3,071,000		3,071,000			3,319,000
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	375,157,000		375,157,000		373,400,000	0
Allowance for credit losses	61,731,000		61,731,000		56,001,000	4,724,000
Troubled debt restructuring	99,566,000		99,566,000			0
Other | Impact of Topic 326 Adoption
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses					$ 51,300,000	51,277,000
Other | Nonperforming TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	0		0
Troubled debt restructuring	0		0			0
Other | Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	136,300,000		136,300,000
Other | Commercial And Industrial Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	77,800,000		77,800,000
Other | Residential Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	49,600,000		49,600,000
Other | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	109,700,000		109,700,000
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Portfolio loans	468,978,000		468,978,000			529,817,000
Troubled debt restructuring	0		0			50,618,000
Consumer | Nonperforming TDRs
Accounts, Notes, Loans and Financing Receivable [Line Items]
Troubled debt restructuring	$ 0		$ 0			$ 0
Consumer | Automobile Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans under deferral | security		1		1

Loans and Loans Held-For-Sale_3

Loans and Loans Held-For-Sale - Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	$ 109,431	$ 134,236
Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	106,214	109,250
Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	3,217	24,986
Commercial Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	6,253	27,818
Commercial Real Estate | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	6,107	6,151
Commercial Real Estate | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	146	21,667
Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Commercial and Industrial | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Commercial and Industrial | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	6,253	27,818
Commercial | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	6,107	6,151
Commercial | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	146	21,667
Residential Mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	50,618
Residential Mortgages | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	50,618
Residential Mortgages | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Other Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Other Consumer | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Other Consumer | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	50,618
Consumer | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	50,618
Consumer | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	0	0
Construction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	3,612	55,800
Construction | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	541	52,481
Construction | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	3,071	3,319
Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	99,566	0
Other | Performing TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	99,566	0
Other | Nonperforming TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructuring	$ 0	$ 0

Loans and Loans Held-For-Sale_4

Loans and Loans Held-For-Sale - Nonaccrual (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Nonaccrual Loans	$ 9,568	$ 32,004
OREO	21,250	15,722
Total Nonperforming Assets	30,818	47,726
Nonaccrual loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Nonaccrual Loans	6,351	7,018
Nonaccrual TDRs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total Nonaccrual Loans	$ 3,217	$ 24,986

Allowance for Credit Losses - N

Allowance for Credit Losses - Narrative (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Large loan relationship, minimum aggregate exposure	$ 2,000,000			$ 2,000,000
Troubled debt restructured loans, individually evaluated impaired loans	1,000,000			1,000,000
Allowance for credit losses	109,319,000	$ 116,872,000		109,319,000		$ 54,074,000
Portfolio loans	2,916,654,000			2,916,654,000		2,947,170,000
Provision for loan losses on loans	967,000		$ 5,473,000	2,824,000	$ 10,271,000
Release of life-of-loss reserve for unfunded commitments	603,000		$ 0	885,000	$ 0
Hospitality Loans | Payment Deferral
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio loans	50,900,000			50,900,000
Provision for loan losses on loans				11,700,000
Hospitality Loans | Payment Deferral | Day 1 Model
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio loans	42,800,000			42,800,000
Provision for loan losses on loans				10,200,000
Hospitality Loans | Payment Deferral | Other Model
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio loans	8,100,000			8,100,000
Provision for loan losses on loans		1,500,000
Other
Financing Receivable, Credit Quality Indicator [Line Items]
Allowance for credit losses	61,731,000	56,001,000		61,731,000		4,724,000
Portfolio loans	375,157,000	373,400,000		375,157,000		0
Provision for loan losses on loans	$ 5,730,000			5,730,000
Other | Impaired Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio loans						102,500,000
Other | Nonimpaired Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio loans						270,900,000
Impact of Topic 326 Adoption
Financing Receivable, Credit Quality Indicator [Line Items]
Allowance for credit losses						61,642,000
Increase in reserves				$ (55,200,000)
Impact of Topic 326 Adoption | Other
Financing Receivable, Credit Quality Indicator [Line Items]
Allowance for credit losses		$ 51,300,000				$ 51,277,000

Allowance for Credit Losses - O

Allowance for Credit Losses - Origination Year and Assigned Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
2021	$ 238,838
2020	436,809
2019	389,118
2018	576,966
2017	379,219
2016 and Prior	801,610
Revolving	94,094
Portfolio Loans	2,916,654		$ 2,947,170
Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	238,608
2020	436,690
2019	383,776
2018	576,323
2017	377,243
2016 and Prior	800,352
Revolving	94,094
Portfolio Loans	2,907,086		2,915,173
Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	230
2020	119
2019	5,342
2018	643
2017	1,976
2016 and Prior	1,258
Revolving	0
Portfolio Loans	9,568		31,997
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2021	238,608
2020	436,673
2019	377,744
2018	474,705
2017	167,863
2016 and Prior	680,136
Revolving	94,094
Portfolio Loans	2,469,823		2,522,614
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	10
2019	6,031
2018	8,156
2017	125,941
2016 and Prior	63,594
Revolving	0
Portfolio Loans	203,732		186,211
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2021	230
2020	126
2019	5,343
2018	94,105
2017	85,415
2016 and Prior	57,880
Revolving	0
Portfolio Loans	243,099		238,345
Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
2021	58,431
2020	161,432
2019	202,792
2018	343,119
2017	156,915
2016 and Prior	362,452
Revolving	52,651
Portfolio Loans	1,337,792		1,453,799
Commercial Real Estate | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	58,201
2020	161,432
2019	202,321
2018	343,119
2017	156,915
2016 and Prior	362,375
Revolving	52,651
Portfolio Loans	1,337,014		1,431,908
Commercial Real Estate | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	230
2020	0
2019	471
2018	0
2017	0
2016 and Prior	77
Revolving	0
Portfolio Loans	778		21,891
Commercial Real Estate | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2021	58,201
2020	161,432
2019	196,469
2018	330,423
2017	118,980
2016 and Prior	354,304
Revolving	52,651
Portfolio Loans	1,272,460		1,281,106
Commercial Real Estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	5,852
2018	8,143
2017	3,046
2016 and Prior	931
Revolving	0
Portfolio Loans	17,972		126,535
Commercial Real Estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2021	230
2020	0
2019	471
2018	4,553
2017	34,889
2016 and Prior	7,217
Revolving	0
Portfolio Loans	47,360		46,158
Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
2021	25,615
2020	58,546
2019	15,274
2018	37,548
2017	23,016
2016 and Prior	241,028
Revolving	12,815
Portfolio Loans	413,842		557,164
Commercial and Industrial | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	25,615
2020	58,546
2019	14,820
2018	37,328
2017	23,016
2016 and Prior	241,028
Revolving	12,815
Portfolio Loans	413,168		556,708
Commercial and Industrial | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	454
2018	220
2017	0
2016 and Prior	0
Revolving	0
Portfolio Loans	674		456
Commercial and Industrial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2021	25,615
2020	58,536
2019	14,819
2018	37,315
2017	23,016
2016 and Prior	241,028
Revolving	12,815
Portfolio Loans	413,144		478,536
Commercial and Industrial | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	10
2019	0
2018	13
2017	0
2016 and Prior	0
Revolving	0
Portfolio Loans	23		48
Commercial and Industrial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	455
2018	220
2017	0
2016 and Prior	0
Revolving	0
Portfolio Loans	675		78,580
Residential Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2021	74,684
2020	98,690
2019	80,359
2018	96,082
2017	9,162
2016 and Prior	55,769
Revolving	10,896
Portfolio Loans	425,642		472,170
Residential Mortgages | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	74,684
2020	98,690
2019	79,165
2018	95,727
2017	8,937
2016 and Prior	54,702
Revolving	10,896
Portfolio Loans	422,801		468,035
Residential Mortgages | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	1,194
2018	355
2017	225
2016 and Prior	1,067
Revolving	0
Portfolio Loans	2,841		4,135
Residential Mortgages | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2021	74,684
2020	98,690
2019	79,166
2018	95,260
2017	8,937
2016 and Prior	53,540
Revolving	10,896
Portfolio Loans	421,173		415,773
Residential Mortgages | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	0
2017	0
2016 and Prior	570
Revolving	0
Portfolio Loans	570		723
Residential Mortgages | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	1,193
2018	822
2017	225
2016 and Prior	1,659
Revolving	0
Portfolio Loans	3,899		55,674
Other Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
2021	4,314
2020	13,439
2019	1,804
2018	862
2017	308
2016 and Prior	22,268
Revolving	341
Portfolio Loans	43,336		57,647
Other Consumer | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	4,314
2020	13,427
2019	1,804
2018	794
2017	298
2016 and Prior	22,268
Revolving	341
Portfolio Loans	43,246		57,463
Other Consumer | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	12
2019	0
2018	68
2017	10
2016 and Prior	0
Revolving	0
Portfolio Loans	90
Other Consumer | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2021	4,314
2020	13,420
2019	1,803
2018	794
2017	272
2016 and Prior	22,268
Revolving	341
Portfolio Loans	43,212		57,418
Other Consumer | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	0
2017	0
2016 and Prior	0
Revolving	0
Portfolio Loans	0		6
Other Consumer | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	19
2019	1
2018	68
2017	36
2016 and Prior	0
Revolving	0
Portfolio Loans	124		223
Construction
Financing Receivable, Credit Quality Indicator [Line Items]
2021	75,794
2020	104,702
2019	88,889
2018	11,010
2017	18,399
2016 and Prior	4,919
Revolving	17,172
Portfolio Loans	320,885		406,390
Construction | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	75,794
2020	104,595
2019	85,666
2018	11,010
2017	16,658
2016 and Prior	4,805
Revolving	17,172
Portfolio Loans	315,700		401,059
Construction | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	107
2019	3,223
2018	0
2017	1,741
2016 and Prior	114
Revolving	0
Portfolio Loans	5,185		5,331
Construction | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2021	75,794
2020	104,595
2019	85,487
2018	10,913
2017	16,658
2016 and Prior	4,337
Revolving	17,172
Portfolio Loans	314,956		289,781
Construction | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	179
2018	0
2017	0
2016 and Prior	442
Revolving	0
Portfolio Loans	621		58,899
Construction | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	107
2019	3,223
2018	97
2017	1,741
2016 and Prior	140
Revolving	0
Portfolio Loans	5,308		57,710
Other
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	88,345
2017	171,419
2016 and Prior	115,174
Revolving	219
Portfolio Loans	375,157	$ 373,400	$ 0
Other | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	88,345
2017	171,419
2016 and Prior	115,174
Revolving	219
Portfolio Loans	375,157
Other | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	0
2017	0
2016 and Prior	0
Revolving	0
Portfolio Loans	0
Other | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	0
2017	0
2016 and Prior	4,659
Revolving	219
Portfolio Loans	4,878
Other | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	0
2017	122,895
2016 and Prior	61,651
Revolving	0
Portfolio Loans	184,546
Other | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2021	0
2020	0
2019	0
2018	88,345
2017	48,524
2016 and Prior	48,864
Revolving	0
Portfolio Loans	$ 185,733

Allowance for Credit Losses - P

Allowance for Credit Losses - Past Due (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Portfolio Loans	$ 2,916,654		$ 2,947,170
Total Nonaccrual Loans	9,568		31,997
Current Loans
Financing Receivable, Past Due [Line Items]
Portfolio Loans	2,900,182		2,908,769
Total 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	6,904		6,404
Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	839		5,499
Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	6,065		905
Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Portfolio Loans	1,337,792		1,453,799
Total Nonaccrual Loans	778		21,891
Commercial Real Estate | Current Loans
Financing Receivable, Past Due [Line Items]
Portfolio Loans	1,331,082		1,428,092
Commercial Real Estate | Total 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	5,932		3,816
Commercial Real Estate | Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	80		3,487
Commercial Real Estate | Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	5,852		329
Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Portfolio Loans	413,842		557,164
Total Nonaccrual Loans	674		456
Commercial and Industrial | Current Loans
Financing Receivable, Past Due [Line Items]
Portfolio Loans	413,044		556,324
Commercial and Industrial | Total 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	124		384
Commercial and Industrial | Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	31		194
Commercial and Industrial | Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	93		190
Residential Mortgages
Financing Receivable, Past Due [Line Items]
Portfolio Loans	425,642		472,170
Total Nonaccrual Loans	2,841		4,135
Residential Mortgages | Current Loans
Financing Receivable, Past Due [Line Items]
Portfolio Loans	422,296		466,688
Residential Mortgages | Total 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	505		1,347
Residential Mortgages | Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	505		1,347
Residential Mortgages | Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	0		0
Other Consumer
Financing Receivable, Past Due [Line Items]
Portfolio Loans	43,336		57,647
Total Nonaccrual Loans	90		184
Other Consumer | Current Loans
Financing Receivable, Past Due [Line Items]
Portfolio Loans	42,919		56,890
Other Consumer | Total 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	327		573
Other Consumer | Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	207		278
Other Consumer | Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	120		295
Construction
Financing Receivable, Past Due [Line Items]
Portfolio Loans	320,885		406,390
Total Nonaccrual Loans	5,185		5,331
Construction | Current Loans
Financing Receivable, Past Due [Line Items]
Portfolio Loans	315,684		400,775
Construction | Total 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	16		284
Construction | Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	16		193
Construction | Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	0		91
Other
Financing Receivable, Past Due [Line Items]
Portfolio Loans	375,157	$ 373,400	0
Total Nonaccrual Loans	0		$ 0
Other | Current Loans
Financing Receivable, Past Due [Line Items]
Portfolio Loans	375,157
Other | Total 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	0
Other | Loans 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	0
Other | Loans 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Portfolio Loans	$ 0

Allowance for Credit Losses -_2

Allowance for Credit Losses - Nonaccrual (Details) $ in Thousands	Jun. 30, 2021USD ($)
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual With No Related Allowance	$ 3,219
Past Due 90+ Days Still Accruing	0
Commercial Real Estate
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual With No Related Allowance	146
Past Due 90+ Days Still Accruing	0
Commercial and Industrial
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual With No Related Allowance	0
Past Due 90+ Days Still Accruing	0
Residential Mortgages
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual With No Related Allowance	0
Past Due 90+ Days Still Accruing	0
Other Consumer
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual With No Related Allowance	0
Past Due 90+ Days Still Accruing	0
Construction
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual With No Related Allowance	3,073
Past Due 90+ Days Still Accruing	0
Other
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual With No Related Allowance	0
Past Due 90+ Days Still Accruing	$ 0

Allowance for Credit Losses - C

Allowance for Credit Losses - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	$ 2,916,654		$ 2,947,170
Commercial Real Estate
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	1,337,792		1,453,799
Commercial and Industrial
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	413,842		557,164
Residential Mortgages
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	425,642		472,170
Other Consumer
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	43,336		57,647
Construction
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	320,885		406,390
Other
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	375,157	$ 373,400	$ 0
Real Estate
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	8,019
Real Estate | Commercial Real Estate
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	3,208
Real Estate | Commercial and Industrial
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	0
Real Estate | Residential Mortgages
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	0
Real Estate | Other Consumer
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	0
Real Estate | Construction
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	4,811
Real Estate | Other
Financing Receivable, Nonaccrual [Line Items]
Portfolio Loans	$ 0

Allowance for Credit Losses - A

Allowance for Credit Losses - Allowance for Credit Loss Rollforward (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	$ 116,872	$ 54,074		$ 54,074
Provision for loan losses on loans	967		$ 5,473	2,824	$ 10,271
Charge-offs	(8,806)		(1,157)	(9,872)	(2,727)
Recoveries	286		147	651	1,099
Net (Charge-offs) / Recoveries	(8,520)		(1,010)	(9,221)	(1,628)
Balance at End of Period	109,319	116,872		109,319
Impact of Topic 326 Adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period		61,642		61,642
Commercial Real Estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	42,342	34,871		34,871
Provision for loan losses on loans	(6,103)		2,513	(5,219)	3,173
Charge-offs	(8,238)		(40)	(8,238)	(40)
Recoveries	140		0	140	707
Net (Charge-offs) / Recoveries	(8,098)		(40)	(8,098)	667
Balance at End of Period	28,141	42,342		28,141
Commercial Real Estate | Impact of Topic 326 Adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period		6,587		6,587
Commercial and Industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	4,905	3,643		3,643
Provision for loan losses on loans	(185)		848	(302)	1,274
Charge-offs	(7)		(8)	(8)	(46)
Recoveries	1		1	2	2
Net (Charge-offs) / Recoveries	(6)		(7)	(6)	(44)
Balance at End of Period	4,714	4,905		4,714
Commercial and Industrial | Impact of Topic 326 Adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period		1,379		1,379
Residential Mortgages
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	5,171	2,000		2,000
Provision for loan losses on loans	217		390	61	470
Charge-offs	(22)		(15)	(217)	(20)
Recoveries	1		0	167	0
Net (Charge-offs) / Recoveries	(21)		(15)	(50)	(20)
Balance at End of Period	5,367	5,171		5,367
Residential Mortgages | Impact of Topic 326 Adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period		3,356		3,356
Other Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	1,347	2,479		2,479
Provision for loan losses on loans	269		679	747	2,397
Charge-offs	(539)		(1,094)	(1,409)	(2,621)
Recoveries	144		146	281	390
Net (Charge-offs) / Recoveries	(395)		(948)	(1,128)	(2,231)
Balance at End of Period	1,221	1,347		1,221
Other Consumer | Impact of Topic 326 Adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period		(877)		(877)
Construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	7,106	6,357		6,357
Provision for loan losses on loans	1,039		1,043	1,807	2,957
Charge-offs	0		0	0	0
Recoveries	0		0	61	0
Net (Charge-offs) / Recoveries	0		$ 0	61	$ 0
Balance at End of Period	8,145	7,106		8,145
Construction | Impact of Topic 326 Adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period		(80)		(80)
Other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	56,001	4,724		4,724
Provision for loan losses on loans	5,730			5,730
Charge-offs	0			0
Recoveries	0			0
Net (Charge-offs) / Recoveries	0			0
Balance at End of Period	61,731	56,001		61,731
Other | Impact of Topic 326 Adoption
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at Beginning of Period	$ 51,300	51,277		$ 51,277
Balance at End of Period		$ 51,300

Allowance for Credit Losses - L

Allowance for Credit Losses - Loan Classes by Internally Assigned Risk Ratings (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Individually Evaluated for Impairment			$ 15,250
Collectively Evaluated for Impairment			38,824
Allowance for Credit Losses			54,074	$ 47,405	$ 42,942	$ 38,762
Individually Evaluated for Impairment			135,271
Collectively Evaluated for Impairment			2,811,899
Portfolio Loans	$ 2,916,654		2,947,170
Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	2,907,086		2,915,173
Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	9,568		31,997
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	2,469,823		2,522,614
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	203,732		186,211
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	243,099		238,345
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Individually Evaluated for Impairment			13,773
Collectively Evaluated for Impairment			22,655
Allowance for Credit Losses			36,428	28,546	26,073	24,706
Individually Evaluated for Impairment			27,666
Collectively Evaluated for Impairment			1,426,133
Portfolio Loans	1,337,792		1,453,799
Commercial Real Estate | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	1,337,014		1,431,908
Commercial Real Estate | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	778		21,891
Commercial Real Estate | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	1,272,460		1,281,106
Commercial Real Estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	17,972		126,535
Commercial Real Estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	47,360		46,158
Commercial Real Estate | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Commercial Real Estate | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Commercial and Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Individually Evaluated for Impairment			0
Collectively Evaluated for Impairment			5,064
Allowance for Credit Losses			5,064	4,831	3,990	3,601
Individually Evaluated for Impairment			0
Collectively Evaluated for Impairment			557,164
Portfolio Loans	413,842		557,164
Commercial and Industrial | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	413,168		556,708
Commercial and Industrial | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	674		456
Commercial and Industrial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	413,144		478,536
Commercial and Industrial | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	23		48
Commercial and Industrial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	675		78,580
Commercial and Industrial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Commercial and Industrial | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Residential Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Individually Evaluated for Impairment			0
Collectively Evaluated for Impairment			2,099
Allowance for Credit Losses			2,099	2,186	1,811	1,736
Individually Evaluated for Impairment			50,618
Collectively Evaluated for Impairment			421,552
Portfolio Loans	425,642		472,170
Residential Mortgages | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	422,801		468,035
Residential Mortgages | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	2,841		4,135
Residential Mortgages | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	421,173		415,773
Residential Mortgages | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	570		723
Residential Mortgages | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	3,899		55,674
Residential Mortgages | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Residential Mortgages | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Other Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Individually Evaluated for Impairment			0
Collectively Evaluated for Impairment			2,479
Allowance for Credit Losses			2,479	3,465	3,734	3,299
Individually Evaluated for Impairment			0
Collectively Evaluated for Impairment			57,647
Portfolio Loans	43,336		57,647
Other Consumer | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	43,246		57,463
Other Consumer | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	90
Other Consumer | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	43,212		57,418
Other Consumer | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		6
Other Consumer | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	124		223
Other Consumer | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Other Consumer | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Individually Evaluated for Impairment			1,477
Collectively Evaluated for Impairment			6,527
Allowance for Credit Losses			8,004	$ 8,377	$ 7,334	$ 5,420
Individually Evaluated for Impairment			56,987
Collectively Evaluated for Impairment			349,403
Portfolio Loans	320,885		406,390
Construction | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	315,700		401,059
Construction | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	5,185		5,331
Construction | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	314,956		289,781
Construction | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	621		58,899
Construction | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	5,308		57,710
Construction | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Construction | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0		0
Other
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	375,157	$ 373,400	$ 0
Other | Performing TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	375,157
Other | Nonperforming TDRs
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0
Other | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	4,878
Other | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	184,546
Other | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	185,733
Other | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	0
Other | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio Loans	$ 0

Allowance for Credit Losses - I

Allowance for Credit Losses - Impaired loans (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance, Total				$ 135,271
Impaired loans with specific valuation allowance			$ 2,900	10,900
Recorded Balance				135,271
Loans with a Specific Valuation Allowance, Specific Reserve				15,250
Average Investment on Impaired Loans	$ 143,948	$ 2,120
Interest Income Recognized	1,055
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Loan without a Specific Valuation Allowance, Unpaid Principal Balance				3,236
Loans with a Specific Valuation Allowance, Unpaid Principal Balance				24,430
Unpaid Principal Balance, Total				27,666
Loan without a Specific Valuation Allowance, Recorded Investment				3,236
Impaired loans with specific valuation allowance				24,430
Recorded Balance				27,666
Loans with a Specific Valuation Allowance, Specific Reserve				13,773
Loans without a Specific Valuation Allowance, Average Investment on Impaired Loans	3,816	64
Loans with a Specific Valuation Allowance, Average Investment on Impaired Loans	28,727	0
Average Investment on Impaired Loans	32,543	64
Loan without a Specific Valuation Allowance, Interest Income Recognized	32
Loans with a Specific Valuation Allowance, Interest Income Recognized	0
Interest Income Recognized	32
Commercial and Industrial
Financing Receivable, Impaired [Line Items]
Loans with a Specific Valuation Allowance, Unpaid Principal Balance				0
Unpaid Principal Balance, Total				0
Impaired loans with specific valuation allowance				0
Recorded Balance				0
Loans with a Specific Valuation Allowance, Specific Reserve				0
Loans with a Specific Valuation Allowance, Average Investment on Impaired Loans	307	0
Average Investment on Impaired Loans	307	0
Loans with a Specific Valuation Allowance, Interest Income Recognized	0
Interest Income Recognized	0
Construction
Financing Receivable, Impaired [Line Items]
Loan without a Specific Valuation Allowance, Unpaid Principal Balance				55,248
Loans with a Specific Valuation Allowance, Unpaid Principal Balance				1,739
Unpaid Principal Balance, Total				56,987
Loan without a Specific Valuation Allowance, Recorded Investment				55,248
Impaired loans with specific valuation allowance				1,739
Recorded Balance				56,987
Loans with a Specific Valuation Allowance, Specific Reserve				1,477
Loans without a Specific Valuation Allowance, Average Investment on Impaired Loans	5,247	0
Loans with a Specific Valuation Allowance, Average Investment on Impaired Loans	53,752	1,008
Average Investment on Impaired Loans	58,999	1,008
Loan without a Specific Valuation Allowance, Interest Income Recognized	0
Loans with a Specific Valuation Allowance, Interest Income Recognized	595
Interest Income Recognized	595
Residential Mortgages
Financing Receivable, Impaired [Line Items]
Loan without a Specific Valuation Allowance, Unpaid Principal Balance				50,618
Unpaid Principal Balance, Total				50,618
Loan without a Specific Valuation Allowance, Recorded Investment				50,618
Recorded Balance				50,618
Loans with a Specific Valuation Allowance, Specific Reserve				$ 0
Loans without a Specific Valuation Allowance, Average Investment on Impaired Loans	0	0
Loans with a Specific Valuation Allowance, Average Investment on Impaired Loans	52,099	1,048
Average Investment on Impaired Loans	52,099	$ 1,048
Loan without a Specific Valuation Allowance, Interest Income Recognized	0
Loans with a Specific Valuation Allowance, Interest Income Recognized	428
Interest Income Recognized	$ 428

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details)	6 Months Ended
	Jun. 30, 2021USD ($)security	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)security
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated loans, threshold for evaluation	$ 1,000,000
OREO threshold to revalue every 24 months	500,000
Debt securities available for sale	843,538,000		$ 778,679,000
Allowance	1,900,000
Impaired loans with specific valuation allowance	2,900,000		10,900,000
Impaired loans related allowance			15,250,000
OREO	21,250,000		15,722,000
OREO Write down	$ 3,200,000	$ 100,000
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Period of time between issuance and closing of loan commitment	15 days
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Period of time between issuance and closing of loan commitment	90 days
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	$ 13,700,000		$ 10,400,000
Significant Unobservable Inputs (Level 3) | Corporate Debt Securities, Security One
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
AFS debt securities, number of securities | security	3
Debt securities available for sale	$ 13,700,000
Significant Unobservable Inputs (Level 3) | Corporate Debt Securities, Security Two
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
AFS debt securities, number of securities | security			2
Debt securities available for sale			$ 10,400,000
Significant Unobservable Inputs (Level 3) | Corporate Debt Securities, Security Three
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	$ 3,500,000

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	$ 843,538	$ 778,679
Derivatives	2,772	4,493
Derivatives	2,882	4,756
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	13,700	10,400
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	843,538	778,679
Derivatives	2,774	4,493
Total	846,312	783,172
Derivatives	2,884	4,756
Total	2,884	4,756
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	4,440	0
Derivatives	0	0
Total	4,440	0
Derivatives	0	0
Total	0	0
Fair Value, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	825,418	768,316
Derivatives	2,774	4,493
Total	828,192	772,809
Derivatives	2,884	4,756
Total	2,884	4,756
Fair Value, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	13,680	10,363
Derivatives	0	0
Total	13,680	10,363
Derivatives	0	0
Total	$ 0	$ 0

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets Measured on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	$ 21,250	$ 15,722
Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	21,250	15,722
Individually Evaluated Loans	2,928
Impaired Loans		10,919
Fair Value, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	0	0
Individually Evaluated Loans	0
Impaired Loans		0
Fair Value, Nonrecurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	0	0
Individually Evaluated Loans	0
Impaired Loans		0
Fair Value, Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	21,250	15,722
Individually Evaluated Loans	$ 2,928
Impaired Loans		$ 10,919

Fair Value Measurements- Bank A

Fair Value Measurements- Bank Assets Measured on Nonrecurring Basis (Details) $ in Thousands	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	$ 21,250	$ 15,722
Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans	2,928
OREO	21,250	15,722
Impaired Loans		10,919
Fair Value, Nonrecurring | Individually Evaluated Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans	2,698
Fair Value, Nonrecurring | Individually Evaluated Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans	230
Fair Value, Nonrecurring | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	9,511	11,972
Fair Value, Nonrecurring | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	1,033	1,260
Fair Value, Nonrecurring | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	1,469	1,583
Fair Value, Nonrecurring | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO	$ 9,237	907
Fair Value, Nonrecurring | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans		1,163
Fair Value, Nonrecurring | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans		9,494
Fair Value, Nonrecurring | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans		$ 262
Discounted Appraisals | Estimated Selling Costs | Individually Evaluated Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans, Measurement Input	0.209
Discounted Appraisals | Estimated Selling Costs | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input		0.430
Discounted Appraisals | Estimated Selling Costs | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input		0.209
Discounted Appraisals | Weighted Average | Estimated Selling Costs | Individually Evaluated Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans, Measurement Input	0.209
Discounted Appraisals | Weighted Average | Estimated Selling Costs | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input		0.430
Discounted Appraisals | Weighted Average | Estimated Selling Costs | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input		0.209
Discounted Appraisals | Weighted Average | Estimated Selling Costs & Qualitative Adjustments | Individually Evaluated Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans, Measurement Input	0.208
Discounted Appraisals | Weighted Average | Estimated Selling Costs & Qualitative Adjustments | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input		0.332
Discounted Appraisals | Minimum | Estimated Selling Costs & Qualitative Adjustments | Individually Evaluated Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans, Measurement Input	0.120
Discounted Appraisals | Minimum | Estimated Selling Costs & Qualitative Adjustments | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input		0.120
Discounted Appraisals | Maximum | Estimated Selling Costs & Qualitative Adjustments | Individually Evaluated Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans, Measurement Input	0.00500
Discounted Appraisals | Maximum | Estimated Selling Costs & Qualitative Adjustments | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input		0.500
Appraisals | Weighted Average | Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.065	0.065
Appraisals | Minimum | Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.060	0.060
Appraisals | Maximum | Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.100	0.100
Discounted Cash Flow | Discount Rate | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.063	0.063
Discounted Cash Flow | Weighted Average | Discount Rate | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.063	0.063
Internal Valuations | Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.050	0.050
Internal Valuations | Weighted Average | Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.050	0.050
Discounted Internal Valuations | Weighted Average | Management’s Discount & Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.024	0.555
Discounted Internal Valuations | Minimum | Management’s Discount & Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0	0.337
Discounted Internal Valuations | Maximum | Management’s Discount & Estimated Selling Costs | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.507	0.735

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Value and Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financial Assets:
Securities Available-for-Sale	$ 843,538	$ 778,679
Federal Home Loan Bank Stock, at Cost	3,215	5,093
Significant Unobservable Inputs (Level 3)
Financial Assets:
Securities Available-for-Sale	13,700	10,400
Reported Value Measurement
Financial Assets:
Cash and Cash Equivalents	216,651	241,942
Securities Available-for-Sale	843,538	778,679
Loans Held-for-Sale	9,311	25,437
Portfolio Loans, net	2,807,335	2,893,096
Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value		9,835
Federal Home Loan Bank Stock, at Cost	3,215	5,093
Other Assets- Interest Rate Derivatives	2,774	4,493
Accrued Interest Receivable	31,619	32,157
Financial Liabilities:
Deposits	3,659,341	3,599,911
Deposits Held for Assumption in Connection with Sale of Bank Branches		84,717
Other Liabilities- Interest Rate Derivatives	2,884	4,756
FHLB Borrowings	30,000	35,000
Accrued Interest Payable	1,691	2,131
Estimate of Fair Value Measurement
Financial Assets:
Cash and Cash Equivalents	216,651	241,942
Securities Available-for-Sale	843,538	778,679
Loans Held-for-Sale	9,311	25,437
Portfolio Loans, net	2,768,885	2,854,244
Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value		9,835
Other Assets- Interest Rate Derivatives	2,774	4,493
Accrued Interest Receivable	31,619	32,157
Financial Liabilities:
Deposits	3,682,638	3,625,728
Deposits Held for Assumption in Connection with Sale of Bank Branches		84,717
Other Liabilities- Interest Rate Derivatives	2,884	4,756
FHLB Borrowings	30,198	35,461
Accrued Interest Payable	1,691	2,131
Estimate of Fair Value Measurement | Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial Assets:
Cash and Cash Equivalents	41,850	38,535
Securities Available-for-Sale	4,440	0
Loans Held-for-Sale	0	0
Portfolio Loans, net	0	0
Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value		0
Federal Home Loan Bank Stock, at Cost	0	0
Other Assets- Interest Rate Derivatives	0	0
Accrued Interest Receivable	17	0
Financial Liabilities:
Deposits	720,231	699,229
Deposits Held for Assumption in Connection with Sale of Bank Branches		9,506
Other Liabilities- Interest Rate Derivatives	0	0
FHLB Borrowings	0	0
Accrued Interest Payable	0	0
Estimate of Fair Value Measurement | Significant Other Observable Inputs (Level 2)
Financial Assets:
Cash and Cash Equivalents	174,801	203,407
Securities Available-for-Sale	825,418	768,316
Loans Held-for-Sale	0	0
Portfolio Loans, net	0	0
Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value		0
Federal Home Loan Bank Stock, at Cost	0	0
Other Assets- Interest Rate Derivatives	2,774	4,493
Accrued Interest Receivable	2,998	2,887
Financial Liabilities:
Deposits	1,481,942	1,285,912
Deposits Held for Assumption in Connection with Sale of Bank Branches		18,699
Other Liabilities- Interest Rate Derivatives	2,884	4,756
FHLB Borrowings	0	0
Accrued Interest Payable	0	0
Estimate of Fair Value Measurement | Significant Unobservable Inputs (Level 3)
Financial Assets:
Cash and Cash Equivalents	0	0
Securities Available-for-Sale	13,680	10,363
Loans Held-for-Sale	9,311	25,437
Portfolio Loans, net	2,768,885	2,854,244
Loans Held-for-Sale in Connection with Sale of Bank Branches, at the lower of cost or fair value		9,835
Other Assets- Interest Rate Derivatives	0	0
Accrued Interest Receivable	28,604	29,270
Financial Liabilities:
Deposits	1,480,465	1,640,587
Deposits Held for Assumption in Connection with Sale of Bank Branches		56,512
Other Liabilities- Interest Rate Derivatives	0	0
FHLB Borrowings	30,198	35,461
Accrued Interest Payable	$ 1,691	$ 2,131

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Fair Value of Assets and Liabilities (Details) $ in Thousands	Jun. 30, 2021USD ($)security	Dec. 31, 2020USD ($)security
Derivative Asset [Abstract]
Fair Value	$ 2,772	$ 4,493
Derivative Liability [Abstract]
Fair Value	$ 2,882	$ 4,756
Not Designated as Hedging Instrument
Derivative Asset [Abstract]
Number of Transactions | security	54	39
Notional Amount	$ 331,053	$ 255,723
Fair Value	$ 2,774	$ 4,493
Derivative Liability [Abstract]
Number of Transactions | security	54	39
Notional Amount	$ 331,053	$ 255,723
Fair Value	$ 2,884	$ 4,756
Interest Rate Lock Commitments | Not Designated as Hedging Instrument
Derivative Asset [Abstract]
Number of Transactions | security	2	1
Notional Amount	$ 327	$ 151
Fair Value	$ 2	$ 0
Forward Sale Contracts | Not Designated as Hedging Instrument
Derivative Liability [Abstract]
Number of Transactions | security	2	1
Notional Amount	$ 327	$ 151
Fair Value	$ 2	$ 0
Interest Rate Swap Contracts | Not Designated as Hedging Instrument
Derivative Asset [Abstract]
Number of Transactions | security	52	38
Notional Amount	$ 330,726	$ 255,572
Fair Value	$ 2,772	$ 4,493
Derivative Liability [Abstract]
Number of Transactions | security	52	38
Notional Amount	$ 330,726	$ 255,572
Fair Value	$ 2,882	$ 4,756

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Loss Recognized in Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Derivative [Line Items]
Total Derivative (Loss) Income	$ (276)	$ (108)	$ 153	$ (199)
Interest Rate Lock Commitments
Derivative [Line Items]
Total Derivative (Loss) Income	2	(5)	2	6
Interest Rate Swap Contracts
Derivative [Line Items]
Total Derivative (Loss) Income	(276)	(108)	153	(199)
Forward Sale Contracts
Derivative [Line Items]
Total Derivative (Loss) Income	$ (2)	$ 5	$ (2)	$ (6)

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities - Amounts Offset (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Asset Derivatives (Included in Other Assets)
Gross Amounts Recognized	$ 2,772	$ 4,493
Gross Amounts Offset	0	0
Net Amounts Presented in the Consolidated Balance Sheets	2,772	4,493
Gross Amounts Not Offset	0	0
Net Amount	2,772	4,493
Liability Derivatives (Included in Other Liabilities)
Gross Amounts Recognized	2,882	4,756
Gross Amounts Offset	0	0
Net Amounts Presented in the Consolidated Balance Sheets	2,882	4,756
Gross Amounts Not Offset	(1,310)	(5,220)
Net Amount	$ 1,572	$ (464)

Federal Home Loan Bank Borrow_3

Federal Home Loan Bank Borrowings - Narrative (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Total FHLB Borrowings	$ 30,000,000	$ 35,000,000
Remaining borrowing capacity	547,900,000	510,500,000
Maximum borrowing capacity	$ 1,000,000,000
Maximum amount available, percentage of total assets	25.00%
Loans Receivable
Debt Instrument [Line Items]
Assets pledged as collateral	$ 846,400,000	804,200,000
Available-for-sale Securities
Debt Instrument [Line Items]
Assets pledged as collateral	$ 0	$ 0

Federal Home Loan Bank Borrow_4

Federal Home Loan Bank Borrowings - Long Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Long-term Borrowings	$ 30,000	$ 35,000
Weighted Average Interest Rate	1.15%	1.13%

Federal Home Loan Bank Borrow_5

Federal Home Loan Bank Borrowings - Maturities and Weighted Average Interest Rates (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Balance
1 year	$ 3,000
2 years	14,000
3 years	10,000
4 years	3,000
5 years	0
Thereafter	0
Total FHLB Borrowings	$ 30,000	$ 35,000
Weighted Average Rate
1 year	1.68%
2 years	1.09%
3 years	0.94%
4 years	1.63%
5 years	0.00%
Thereafter	0.00%
Total FHLB Borrowings	1.15%	1.13%

Commitment and Contingencies (D

Commitment and Contingencies (Details) - USD ($) $ in Thousands	May 31, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Other Commitments [Line Items]
Commitments to extend credit		$ 460,200		$ 460,200		$ 591,200
Provision for unfunded commitments		(603)	$ 0	(885)	$ 0
Damages sought	$ 421,000
Construction
Other Commitments [Line Items]
Commitments to extend credit		$ 284,600		$ 284,600		$ 391,400
Commitments to extend credit, percent to total		61.80%		61.80%		66.20%
Unfunded Loan Commitment
Other Commitments [Line Items]
Provision for unfunded commitments				$ (900)
Financial Standby Letter of Credit
Other Commitments [Line Items]
Guarantee, letter of credit outstanding		$ 31,400		$ 31,400		$ 29,300

Commitment and Contingencies -

Commitment and Contingencies - Life-of-Loss Reserve (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Life-of-loss reserve on unfunded loan commitments, beginning balance			$ 144
Provision for unfunded commitments	$ (603)	$ 0	(885)	$ 0
Life-of-loss reserve on unfunded loan commitments, ending balance	2,167		2,167
Impact of Topic 326 Adoption
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Life-of-loss reserve on unfunded loan commitments, beginning balance			2,908
As Reported Under Topic 326
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Life-of-loss reserve on unfunded loan commitments, beginning balance	$ 2,770		$ 3,052

Tax Effects on Other Comprehe_3

Tax Effects on Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive loss (income), pre-tax amount	$ 6,957	$ 12,101	$ (7,147)	$ 12,891
Other comprehensive loss (income), tax (expense) benefit	(1,461)	(2,541)	1,501	(2,707)
Other Comprehensive Income (Loss)	5,496	9,560	(5,646)	10,184
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net unrealized (losses) gains arising during the period, pre-tax amount	8,456	14,422	(2,038)	16,426
Net unrealized (losses) gains arising during the period, tax amount	(1,776)	(3,029)	428	(3,449)
Net unrealized (losses) gains arising during the period, net of tax amount	6,680	11,393	(1,610)	12,977
Reclassification adjustment for gains included in net income, pre-tax amount	(1,499)	(2,321)	(5,109)	(3,535)
Reclassification adjustment for gains included in net income, tax (expense) benefit	315	488	1,073	742
Reclassification adjustment for gains included in net income, net of tax amount	$ (1,184)	$ (1,833)	$ (4,036)	$ (2,793)