Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.23.1
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2023
Commitments and Contingencies [Abstract]  
Schedule of amounts associated with the entities off-balance sheet obligations
March 31, 2023
December 31, 2022
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
 
(1)
$
248,660
$
577,180
$
825,840
$
243,614
$
531,873
$
775,487
Standby Letters of Credit
 
5,677
 
-
 
5,677
5,619
 
-
 
5,619
Total
$
254,337
$
577,180
$
831,517
$
249,233
$
531,873
$
781,106
(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 March 31,
(Dollars in Thousands)
2023
2022
Beginning Balance
$
 
2,989
$
 
2,897
Provision for Credit Losses
(156)
79
Ending Balance
$
 
2,833
$
2,976