COMMITMENTS AND CONTINGENCIES (Tables) |
6 Months Ended |
---|---|
Jun. 30, 2022 | |
Commitments and Contingencies [Abstract] | |
Schedule of amounts associated with the entities off-balance sheet obligations |
June 30, 2022
December 31, 2021
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
$
215,601
$
515,886
$
731,487
$
217,531
$
505,897
$
723,428
Standby Letters of Credit
6,196
-
6,196
5,205
-
5,205
Total
$
221,797
$
515,886
$
737,683
$
222,736
$
505,897
$
728,633
(1)
Commitments include unfunded loans, revolving
|
Allowance for credit losses for off-balance sheet credit commitments |
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in Thousands)
2022
2021
2022
2021
Beginning Balance
$
2,976
$
2,974
$
2,897
$
1,644
Provision for Credit Losses
(123)
(387)
(44)
943
Ending Balance
$
2,853
$
2,587
$
2,853
$
2,587
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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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