Annual report pursuant to Section 13 and 15(d)

LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES

v3.23.4
LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES
12 Months Ended
Dec. 31, 2022
Loans, net [Abstract]  
LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES
Note 3
LOANS HELD FOR INVESTMENT AND ALLOWANCE
 
FOR CREDIT LOSSES
Loan Portfolio Composition
.
 
The composition of the HFI loan portfolio at December 31 was as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(As Restated)
(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)
 
749,513
 
 
360,021
Real Estate – Home Equity
 
208,217
 
 
187,821
Consumer
(2)
 
325,517
 
 
322,593
Loans Held for Investment, Net of Unearned Income
$
2,547,685
 
$
1,931,465
(1)
 
Includes loans in process with outstanding balances
 
of $
6.1
 
million and $
13.6
 
million for 2022 and 2021, respectively.
(2)
 
Includes overdraft balances of $
1.1
 
million and $
1.1
 
million for December 31, 2022 and 2021, respectively.
Net deferred costs, which include premiums on purchased loans, included
 
in loans were $
5.1
 
million at December 31, 2022 and
$
3.9
 
million at December 31, 2021.
 
Accrued interest receivable on loans which is excluded from amortized
 
cost totaled $
8.0
 
million at December 31, 2022 and $
5.3
million at December 31, 2021, and is reported separately in Other Assets.
 
The Company has pledged a floating lien on certain 1-4 family residential
 
mortgage loans, commercial real estate mortgage loans,
and home equity loans to support available borrowing capacity at the FHLB and
 
has pledged a blanket floating lien on all
consumer loans, commercial loans, and construction loans to support available
 
borrowing capacity at the Federal Reserve Bank of
Atlanta.
 
Loan Purchases and Sales
.
 
The Company will purchase newly originated 1-4 family real estate secured
 
adjustable rate loans
from CCHL, a related party effective on March 1, 2020 (see Note 1
 
– Significant Accounting Policies). These loan purchases
totaled $
421.7
 
million and $
97.5
 
million for the years ended December 31, 2022 and 2021, respectively,
 
and were not credit
impaired.
 
In addition, the Company purchased commercial real estate loans that
 
were not credit impaired from a third party
totaling $
15.0
 
million and $
17.4
 
million for the years ended December 31, 2022 and 2021, respectively.
 
The Company transferred $
9.4
 
million of home equity loans from HFI to HFS during 2021.
 
There were
no
 
transfers during 2022.
Allowance for Credit Losses
.
 
The methodology for estimating the amount of credit losses reported in the
 
allowance for credit
losses (“ACL”) has two basic components: first, an asset-specific component
 
involving loans that do not share risk characteristics
and the measurement of expected credit losses for such individual loans; and
 
second, a pooled component for expected credit
losses for pools of loans that share similar risk characteristics.
 
This methodology is discussed further in Note 1 – Significant
Accounting Policies.
 
The following table details the activity in the allowance for credit losses by portfolio
 
segment for the years ended December 31.
 
Allocation of a portion of the allowance to one category of loans does not preclude
 
its availability to absorb losses in other
categories.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial,
Real Estate
Financial,
 
Real Estate
Commercial
 
Real Estate
Real Estate
(Dollars in Thousands)
Agricultural
Construction
Mortgage
Residential
Home Equity
Consumer
Total
2022 (As Restated)
Beginning Balance
$
2,191
$
3,302
$
5,810
$
4,129
$
2,296
$
3,878
$
21,606
 
Provision for Credit Losses (As
Restated)
316
(658)
(746)
6,328
(422)
2,579
7,397
 
Charge-Offs
(1,308)
-
(355)
-
(193)
(6,050)
(7,906)
 
Recoveries
 
307
10
106
284
183
3,081
3,971
 
Net (Charge-Offs) Recoveries
(1,001)
10
(249)
284
(10)
(2,969)
(3,935)
Ending Balance (As Restated)
$
1,506
$
2,654
$
4,815
$
10,741
$
1,864
$
3,488
$
25,068
2021
Beginning Balance
$
2,204
$
2,479
$
7,029
$
5,440
$
3,111
$
3,553
$
23,816
 
Provision for Credit Losses
(227)
813
(1,679)
(1,956)
(1,125)
1,332
(2,842)
 
Charge-Offs
(239)
-
(405)
(108)
(103)
(3,972)
(4,827)
 
Recoveries
453
10
865
753
413
2,965
5,459
 
Net (Charge-Offs) Recoveries
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
 
Impact of Adopting ASC 326
488
302
1,458
1,243
374
(596)
3,269
 
Provision for Credit Losses
578
1,757
1,865
940
486
3,409
9,035
 
Charge-Offs
(789)
-
(28)
(150)
(151)
(5,042)
(6,160)
 
Recoveries
252
50
318
279
178
2,690
3,767
 
Net (Charge-Offs) Recoveries
(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
The $
3.5
 
million (as restated) increase in the allowance for credit losses in 2022 reflected
 
incremental allowance related to loan
growth, a higher projected rate of unemployment and its effect on
 
rates of default, and slower prepayment speeds (due to higher
interest rates).
 
The $
2.8
 
million decrease in the allowance for credit losses in 2021 reflected improvements
 
in forecasted
economic conditions, favorable loan migration and net recoveries totaling $
0.6
 
million, partially offset by incremental reserves
needed for loan growth (excluding Small Business Administration Paycheck
 
Protection Program).
 
Four unemployment rate
forecast scenarios continue to be utilized to estimate probability of default and
 
are weighted based on management’s estimate
 
of
probability.
 
See Note 1 – Significant accounting policies for more on the calculation of the provision for
 
credit losses.
 
See Note
21 – Commitments and Contingencies for information on the provision
 
for credit losses related to off-balance sheet commitments.
Loan Portfolio Aging.
 
A loan is defined as a past due loan when one full payment is past due or a contractual maturity
 
is over 30
days past due (“DPD”).
The following table presents the aging of the amortized cost basis in accruing
 
past due loans by class of loans at December 31,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
30-59
 
60-89
 
90 +
 
Total
Total
Nonaccrual
Total
(Dollars in Thousands)
DPD
DPD
DPD
Past Due
Current
Loans
Loans
2022 (As Restated)
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
747,899
239
749,513
Real Estate – Home Equity
 
-
35
-
35
207,411
771
208,217
Consumer
 
3,666
1,852
-
5,518
319,415
584
325,517
Total
$
5,137
$
2,692
$
-
$
7,829
$
2,537,559
$
2,297
$
2,547,685
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
Nonaccrual Loans
.
 
Loans are generally placed on nonaccrual status if principal or interest payments
 
become 90 days past due
and/or management deems the collectability of the principal and/or
 
interest to be doubtful.
 
Loans are returned to accrual status
when the principal and interest amounts contractually due are brought current or
 
when future payments are reasonably assured.
 
The Company did not recognize a significant amount of interest income on nonaccrual
 
loans for the years ended December 31,
2022 and 2021.
 
The following table presents the amortized cost basis of loans in nonaccrual status 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
 
Nonaccrual Loans
$
389
$
1,908
$
-
$
1,458
$
2,864
$
-
Collateral Dependent Loans
.
 
The following table presents the amortized cost basis of collateral dependent loans
 
at December 31:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
A loan is collateral dependent when the borrower is experiencing financial
 
difficulty and repayment of the loan is dependent on
the sale or operation of the underlying collateral.
 
The Bank’s collateral dependent
 
loan portfolio is comprised primarily of real estate secured loans, collateralized
 
by either
residential or commercial collateral types.
 
The loans are carried at fair value based on current values determined by either
independent appraisals or internal evaluations, adjusted for selling costs or other
 
amounts to be deducted when estimating
expected net sales proceeds.
 
Residential Real Estate Loans In Process of Foreclosure
.
 
At December 31, 2022 and 2021, the Company had $
0.6
 
million and
$
0.9
 
million, respectively, in 1-4 family
 
residential real estate loans for which formal foreclosure proceedings were
 
in process.
Troubled
 
Debt Restructurings (“TDRs”)
.
 
TDRs are loans in which the borrower is experiencing financial difficulty
 
and the
Company has granted an economic concession to the borrower that it would not
 
otherwise consider.
 
In these instances, as part of
a work-out alternative, the Company will make concessions including the extension
 
of the loan term, a principal moratorium, a
reduction in the interest rate, or a combination thereof.
 
The impact of the TDR modifications and defaults are factored into the
allowance for credit losses on a loan-by-loan basis.
 
Thus, specific reserves are established based upon the results of either a
discounted cash flow analysis or the underlying collateral value, if the loan is deemed
 
to be collateral dependent.
 
A TDR
classification can be removed if the borrower’s financial
 
condition improves such that the borrower is no longer in financial
difficulty,
 
the loan has not had any forgiveness of principal or interest, and the loan is subsequently
 
refinanced or restructured at
market terms and qualifies as a new loan.
At December 31, 2022, the Company had $
6.1
 
million in TDRs, of which $
5.9
 
million were performing in accordance with the
modified terms.
 
At December 31, 2021, the Company had $
8.0
 
million in TDRs, of which $
7.6
 
million were performing in
accordance with modified terms.
 
For TDRs, the Company estimated $
0.3
 
million and $
0.3
 
million of credit loss reserves at
December 31, 2022 and 2021, respectively.
The modifications made to TDRs involved either an extension of the loan term, a principal moratorium,
 
a reduction in the interest
rate, or a combination thereof.
 
For the year ended December 31, 2022, there were
two
 
loans modified with a recorded investment
of $
0.1
 
million.
 
For the year ended December 31, 2021, there were
three
 
loans modified with a recorded investment of $
0.6
million.
 
For the year ended December 31, 2020, there were
three
 
loans modified with a recorded investment of $
0.2
 
million.
 
The
financial impact of these modifications was not material.
 
For the years ended December 31, 2022 and 2021, there were
no
 
loans classified as TDRs, for which there was a payment default
and the loans were modified within the 12 months prior to default.
Credit Risk Management
.
 
The Company has adopted comprehensive lending policies, underwriting standards and
 
loan review
procedures designed to maximize loan income within an acceptable level
 
of risk.
 
Management and the Board of Directors of the
Company (the “Board”) review and approve these policies and procedures
 
on a regular basis (at least annually).
 
Reporting systems are used to monitor loan originations, loan quality,
 
concentrations of credit, loan delinquencies and
nonperforming loans and potential problem loans.
 
Management and the Credit Risk Oversight Committee periodically review
our lines of business to monitor asset quality trends and the appropriateness of
 
credit policies.
 
In addition, total borrower
exposure limits are established and concentration risk is monitored.
 
As part of this process, the overall composition of the loan
portfolio is reviewed to gauge diversification of risk, client concentrations,
 
industry group, loan type, geographic area, or other
relevant classifications of loans.
 
Specific segments of the loan portfolio are monitored and reported to the
 
Board on a quarterly
basis and have strategic plans in place to supplement Board-approved
 
credit policies governing exposure limits and underwriting
standards.
 
Detailed below are the types of loans within the Company’s
 
loan portfolio and risk characteristics unique to each.
 
Commercial, Financial, and Agricultural – Loans in this category
 
are primarily made based on identified cash flows of the
borrower with consideration given to underlying collateral and personal
 
or other guarantees.
 
Lending policy establishes debt
service coverage ratio limits that require a borrower’s cash flow to be
 
sufficient to cover principal and interest payments on all
new and existing debt.
 
The majority of these loans are secured by the assets being financed or other
 
business assets such as
accounts receivable, inventory,
 
or equipment.
 
Collateral values are determined based upon third-party appraisals and evaluations.
 
Loan to value ratios at origination are governed by established policy guidelines.
 
Real Estate Construction – Loans in this category consist of short-term
 
construction loans, revolving and non-revolving credit
lines and construction/permanent loans made to individuals and investors
 
to finance the acquisition, development, construction or
rehabilitation of real property.
 
These loans are primarily made based on identified cash flows of the borrower
 
or project and
generally secured by the property being financed, including 1-4
 
family residential properties and commercial properties that are
either owner-occupied or investment in nature.
 
These properties may include either vacant or improved property.
 
Construction
loans are generally based upon estimates of costs and value associated with the
 
completed project.
 
Collateral values are
determined based upon third-party appraisals and evaluations.
 
Loan to value ratios at origination are governed by established
policy guidelines.
 
The disbursement of funds for construction loans is made in relation to the progress
 
of the project and as such
these loans are closely monitored by on-site inspections.
 
Real Estate Commercial Mortgage – Loans in this category consist of commercial
 
mortgage loans secured by property that is
either owner-occupied or investment in nature.
 
These loans are primarily made based on identified cash flows of the borrower
 
or
project with consideration given to underlying real estate collateral and
 
personal guarantees.
 
Lending policy establishes debt
service coverage ratios and loan to value ratios specific to the property type.
 
Collateral values are determined based upon third-
party appraisals and evaluations.
 
Real Estate Residential – Residential mortgage loans held in the Company’s
 
loan portfolio are made to borrowers that
demonstrate the ability to make scheduled payments with full consideration
 
to underwriting factors such as current income,
employment status, current assets, other financial resources, credit history,
 
and the value of the collateral.
 
Collateral consists of
mortgage liens on 1-4 family residential properties.
 
Collateral values are determined based upon third party appraisals and
evaluations.
 
The Company does not originate sub-prime loans.
 
Real Estate Home Equity – Home equity loans and lines are made to qualified individuals
 
for legitimate purposes generally
secured by senior or junior mortgage liens on owner-occupied 1-4
 
family homes or vacation homes.
 
Borrower qualifications
include favorable credit history combined with supportive income and debt
 
ratio requirements and combined loan to value ratios
within established policy guidelines.
 
Collateral values are determined based upon third-party appraisals and evaluations.
 
Consumer Loans – This loan category includes personal installment loans,
 
direct and indirect automobile financing, and overdraft
lines of credit.
 
The majority of the consumer loan category consists of indirect and direct automobile
 
loans.
 
Lending policy
establishes maximum debt to income ratios, minimum credit scores, and includes
 
guidelines for verification of applicants’ income
and receipt of credit reports.
 
 
 
Credit Quality Indicators
.
 
As part of the ongoing monitoring of the Company’s
 
loan portfolio quality, management
 
categorizes
loans into risk categories based on relevant information about the ability
 
of borrowers to service their debt such as: current
financial information, historical payment performance, credit documentation,
 
and current economic and market trends, among
other factors.
 
Risk ratings are assigned to each loan and revised as needed through established monitoring
 
procedures for
individual loan relationships over a predetermined amount and review
 
of smaller balance homogenous loan pools.
 
The Company
uses the definitions noted below for categorizing and managing its criticized loans.
 
Loans categorized as “Pass” do not meet the
criteria set forth below and are not considered criticized.
Special Mention – Loans in this category are presently protected from loss, but
 
weaknesses are apparent which, if not corrected,
could cause future problems.
 
Loans in this category may not meet required underwriting criteria and
 
have no mitigating
factors.
 
More than the ordinary amount of attention is warranted for these loans.
Substandard – Loans in this category exhibit well-defined weaknesses that would
 
typically bring normal repayment into jeopardy.
These loans are no longer adequately protected due to well-defined
 
weaknesses that affect the repayment capacity of the
borrower.
 
The possibility of loss is much more evident and above average supervision is required for
 
these loans.
Doubtful – Loans in this category have all the weaknesses inherent in a loan categorized
 
as Substandard, with the characteristic
that the weaknesses make collection or liquidation in full, on the basis of currently
 
existing facts, conditions, and values, highly
questionable and improbable.
 
Performing/Nonperforming – Loans within certain homogenous
 
loan pools (home equity and consumer) are not individually
reviewed, but are monitored for credit quality via the aging status of the loan and by payment
 
activity.
 
The performing or
nonperforming status is updated on an on-going basis dependent upon improvement
 
and deterioration in credit quality.
The following table summarizes gross loans held for investment at December
 
31, 2022
 
by years of origination and internally
assigned credit risk ratings (refer to Credit Risk Management section for detail
 
on risk rating system).
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Term Loans by Origination Year
(As Restated)
Revolving
(As Restated)
(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
$
473,235
$
97,083
$
46,322
$
29,179
$
19,791
$
65,071
$
10,822
$
741,503
Special Mention
94
360
533
-
-
648
-
1,635
Substandard
 
560
 
766
 
1,034
 
913
 
714
 
2,388
 
-
 
6,375
Total
 
$
473,889
$
98,209
$
47,889
$
30,092
$
20,505
$
68,107
$
10,822
$
749,513
Real Estate - Home
Equity:
Performing
$
149
$
136
$
12
$
397
$
147
$
1,215
$
205,390
$
207,446
Nonperforming
-
-
-
15
-
13
743
771
Total
 
$
149
 
136
 
12
 
412
 
147
 
1,228
 
206,133
 
208,217
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