Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.22.2
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
 
(1)
$
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
 
lines of credit, and off-balance sheet residential
 
loan commitments.
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