LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES (Tables) |
12 Months Ended |
|---|---|
Dec. 31, 2022 | |
| Loans, net [Abstract] | |
| Schedule of composition of the loan portfolio |
(Dollars in Thousands)
2022
2021
Commercial, Financial and Agricultural
$
247,362
$
223,086
Real Estate – Construction
234,519
174,394
Real Estate – Commercial Mortgage
782,557
663,550
Real Estate – Residential
(1)
727,105
360,021
Real Estate – Home Equity
208,120
187,821
Consumer
(2)
325,517
322,593
Loans Held for Investment, Net of Unearned Income
$
2,525,180
$
1,931,465
(1)
Includes loans in process with outstanding balances
6.1
13.6
(2)
1.1
1.1
|
| Schedule of activity in the allowance for loan losses by portfolio class |
Commercial,
Real Estate
Financial,
Real Estate
Commercial
Real Estate
Real Estate
(Dollars in Thousands)
Agricultural
Construction
Mortgage
Residential
Home Equity
Consumer
Total
2022
Beginning Balance
$
2,191
$
3,302
$
5,810
$
4,129
$
2,296
$
3,878
$
21,606
316
(658)
(746)
5,996
(422)
2,579
7,065
(1,308)
-
(355)
-
(193)
(6,050)
(7,906)
307
10
106
284
183
3,081
3,971
(1,001)
10
(249)
284
(10)
(2,969)
(3,935)
Ending Balance
$
1,506
$
2,654
$
4,815
$
10,409
$
1,864
$
3,488
$
24,736
2021
Beginning Balance
$
2,204
$
2,479
$
7,029
$
5,440
$
3,111
$
3,553
$
23,816
(227)
813
(1,679)
(1,956)
(1,125)
1,332
(2,842)
(239)
-
(405)
(108)
(103)
(3,972)
(4,827)
453
10
865
753
413
2,965
5,459
214
10
460
645
310
(1,007)
632
Ending Balance
$
2,191
$
3,302
$
5,810
$
4,129
$
2,296
$
3,878
$
21,606
2020
Beginning Balance
$
1,675
$
370
$
3,416
$
3,128
$
2,224
$
3,092
$
13,905
488
302
1,458
1,243
374
(596)
3,269
578
1,757
1,865
940
486
3,409
9,035
(789)
-
(28)
(150)
(151)
(5,042)
(6,160)
252
50
318
279
178
2,690
3,767
(537)
50
290
129
27
(2,352)
(2,393)
Ending Balance
$
2,204
$
2,479
$
7,029
$
5,440
$
3,111
$
3,553
$
23,816
|
| Schedule of aging of the recorded investment in accruing past due loans by class of loans |
30-59
60-89
90 +
Total
Total
Nonaccrual
Total
(Dollars in Thousands)
DPD
DPD
DPD
Past Due
Current
Loans
Loans
2022
Commercial, Financial and Agricultural
$
109
$
126
$
-
$
235
$
247,086
$
41
$
247,362
Real Estate – Construction
359
-
-
359
234,143
17
234,519
Real Estate – Commercial Mortgage
158
149
-
307
781,605
645
782,557
Real Estate – Residential
(1)
845
530
-
1,375
725,491
239
727,105
Real Estate – Home Equity
-
35
-
35
207,314
771
208,120
Consumer
3,666
1,852
-
5,518
319,415
584
325,517
Total
$
5,137
$
2,692
$
-
$
7,829
$
2,515,054
$
2,297
$
2,525,180
2021
Commercial, Financial and Agricultural
$
100
$
23
$
-
$
123
$
222,873
$
90
$
223,086
Real Estate – Construction
-
-
-
-
174,394
-
174,394
Real Estate – Commercial Mortgage
151
-
-
151
662,795
604
663,550
Real Estate – Residential
365
151
-
516
357,408
2,097
360,021
Real Estate – Home Equity
210
-
-
210
186,292
1,319
187,821
Consumer
1,964
636
-
2,600
319,781
212
322,593
Total
$
2,790
$
810
$
-
$
3,600
$
1,923,543
$
4,322
$
1,931,465
|
| Schedule of recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans |
2022
2021
Nonaccrual
Nonaccrual
90 + Days
Nonaccrual
Nonaccrual
90 + Days
With No
With
Still
With No
With
Still
(Dollars in Thousands)
ACL
ACL
Accruing
ACL
ACL
Accruing
Commercial, Financial and Agricultural
$
-
$
41
$
-
$
67
$
23
$
-
Real Estate – Construction
-
17
-
-
-
-
Real Estate – Commercial Mortgage
389
256
-
-
604
-
Real Estate – Residential
-
239
-
928
1,169
-
Real Estate – Home Equity
-
771
-
463
856
-
Consumer
-
584
-
-
212
-
Total
$
389
$
1,908
$
-
$
1,458
$
2,864
$
-
|
| Amortized cost basis of collateral-dependent loans |
2022
2021
Real Estate
Non Real Estate
Real Estate
Non Real Estate
(Dollars in Thousands)
Secured
Secured
Secured
Secured
Commercial, Financial and Agricultural
$
-
$
-
$
-
$
67
Real Estate – Construction
-
-
-
-
Real Estate – Commercial Mortgage
389
-
455
-
Real Estate – Residential
160
-
1,645
-
Real Estate – Home Equity
130
-
649
-
Consumer
21
-
-
-
Total
$
700
$
-
$
2,749
$
67
|
| Summary of gross loans held for investment by years of origination |
Term Loans by Origination Year
Revolving
(Dollars in Thousands)
2022
2021
2020
2019
2018
Prior
Loans
Total
Commercial, Financial,
Agricultural:
Pass
$
96,326
$
43,584
$
20,061
$
14,744
$
6,899
$
11,970
$
50,934
$
244,518
Special Mention
-
262
7
-
51
-
2,330
2,650
Substandard
-
-
-
-
13
133
48
194
Total
$
96,326
$
43,846
$
20,068
$
14,744
$
6,963
$
12,103
$
53,312
$
247,362
Real Estate -
Construction:
Pass
$
141,784
$
73,219
$
11,928
$
397
$
-
$
123
$
4,431
$
231,882
Special Mention
-
716
384
832
-
-
-
1,932
Substandard
17
-
688
-
-
-
-
705
Total
$
141,801
$
73,935
$
13,000
$
1,229
$
-
$
123
$
4,431
$
234,519
Real Estate - Commercial
Mortgage:
Pass
$
243,818
$
159,334
$
131,131
$
55,122
$
51,864
$
101,175
$
20,575
$
763,019
Special Mention
635
1,860
931
1,420
724
2,405
549
8,524
Substandard
9,115
-
-
659
220
631
389
11,014
Total
$
253,568
$
161,194
$
132,062
$
57,201
$
52,808
$
104,211
$
21,513
$
782,557
Real Estate - Residential:
Pass
$
450,827
$
97,083
$
46,322
$
29,179
$
19,791
$
65,071
$
10,822
$
719,095
Special Mention
94
360
533
-
-
648
-
1,635
Substandard
560
766
1,034
913
714
2,388
-
6,375
Total
$
451,481
$
98,209
$
47,889
$
30,092
$
20,505
$
68,107
$
10,822
$
727,105
Real Estate - Home
Equity:
Performing
$
52
$
136
$
12
$
397
$
147
$
1,215
$
205,390
$
207,349
Nonperforming
-
-
-
15
-
13
743
771
Total
$
52
136
12
412
147
1,228
206,133
208,120
Consumer:
Performing
$
134,021
$
111,762
$
37,010
$
21,065
$
12,273
$
3,739
$
5,064
$
324,934
Nonperforming
248
59
120
115
7
30
4
583
Total
$
134,269
$
111,821
$
37,130
$
21,180
$
12,280
$
3,769
$
5,068
$
325,517
|