COMMITMENTS AND CONTINGENCIES (Tables) |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| Commitments and Contingencies [Abstract] | |
| Schedule of amounts associated with the entities off-balance sheet obligations |
2021
2020
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
(1)
$
217,531
$
505,897
$
723,428
$
160,372
$
596,572
$
756,944
Standby Letters of Credit
5,205
-
5,205
6,550
-
6,550
Total
$
222,736
$
505,897
$
728,633
$
166,922
$
596,572
$
763,494
(1)
|
| Allowance for credit losses for off-balance sheet credit commitments |
(Dollars in Thousands)
2021
2020
2019
Beginning Balance
$
1,644
$
157
$
160
Impact of Adoption of ASC 326
-
876
-
Provision for Credit Losses
1,253
611
(3)
Ending Balance
$
2,897
$
1,644
$
157
|
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- Definition Tabular disclosure of allowance for credit losses for off-balance sheet credit commitments. No definition available.
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- References No definition available.
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- Definition Tabular disclosure of the loss contingencies that were reported in the period or disclosed as of the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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