LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES (Tables) |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Loans Held for Investment and Allowance for Credit Losses [Abstract] | |
| Composition of the Loan Portfolio |
(Dollars in Thousands)
June 30, 2026
December 31, 2025
Commercial, Financial and Agricultural
$
172,536
$
180,341
Real Estate – Construction
149,127
146,920
Real Estate – Commercial Mortgage
750,637
768,731
Real Estate – Residential
(1)
1,000,813
1,025,690
Real Estate – Home Equity
244,462
240,897
Consumer
(2)
182,296
183,539
Loans Held For Investment, Net of Unearned Income
$
2,499,871
$
2,546,118
(1)
Includes loans in process balances of $
3.1
5.6
(2)
Includes overdraft balances of $
1.4
1.2
|
| Activity in Allowance for Credit Losses |
Commercial,
Real Estate
Financial,
Real Estate
Commercial
Real Estate
Real Estate
(Dollars in Thousands)
Agricultural
Construction
Mortgage
Residential
Home Equity
Consumer
Total
Three Months Ended
June 30, 2026
Beginning Balance
$
1,662
$
1,383
$
6,579
$
16,064
$
2,373
$
2,938
$
30,999
Provision for Credit Losses
678
(101)
954
(1,176)
90
459
904
Charge-Offs
(577)
-
-
(38)
-
(1,137)
(1,752)
Recoveries
65
-
7
27
4
753
856
Net (Charge-Offs) Recoveries
(512)
-
7
(11)
4
(384)
(896)
Ending Balance
$
1,828
$
1,282
$
7,540
$
14,877
$
2,467
$
3,013
$
31,007
Six Months Ended
June 30, 2026
Beginning Balance
$
1,751
$
1,681
$
6,859
$
15,317
$
2,368
$
3,025
$
31,001
Provision for Credit Losses
815
(399)
590
(506)
98
941
1,539
Charge-Offs
(877)
-
-
(38)
(13)
(2,620)
(3,548)
Recoveries
139
-
91
104
14
1,667
2,015
Net (Charge-Offs) Recoveries
(738)
-
91
66
1
(953)
(1,533)
Ending Balance
$
1,828
$
1,282
$
7,540
$
14,877
$
2,467
$
3,013
$
31,007
Three Months Ended
June 30, 2025
Beginning Balance
$
1,468
$
2,233
$
6,061
$
14,885
$
2,029
$
3,058
$
29,734
Provision for Credit Losses
(86)
(422)
189
363
(33)
707
718
Charge-Offs
(74)
-
-
(49)
(24)
(1,351)
(1,498)
Recoveries
117
-
6
65
42
678
908
Net (Charge-Offs) Recoveries
43
-
6
16
18
(673)
(590)
Ending Balance
$
1,425
$
1,811
$
6,256
$
15,264
$
2,014
$
3,092
$
29,862
Six Months Ended
June 30, 2025
Beginning Balance
$
1,514
$
2,384
$
5,867
$
14,568
$
1,952
$
2,966
$
29,251
Provision for Credit Losses
(39)
(573)
380
569
35
1,429
1,801
Charge-Offs
(242)
-
-
(57)
(24)
(2,786)
(3,109)
Recoveries
192
-
9
184
51
1,483
1,919
Net (Charge-Offs) Recoveries
(50)
-
9
127
27
(1,303)
(1,190)
Ending Balance
$
1,425
$
1,811
$
6,256
$
15,264
$
2,014
$
3,092
$
29,862
|
| Loan Portfolio Aging |
30-59
60-89
90 +
Total
Total
Nonaccrual
Total
(Dollars in Thousands)
DPD
DPD
DPD
Past Due
Current
Loans
Loans
June 30, 2026
Commercial, Financial and Agricultural
$
197
$
73
$
-
$
270
$
171,139
$
1,127
$
172,536
Real Estate – Construction
-
-
-
-
148,748
379
149,127
Real Estate – Commercial Mortgage
24
-
-
24
747,553
3,060
750,637
Real Estate – Residential
368
630
-
998
996,385
3,430
1,000,813
Real Estate – Home Equity
287
-
-
287
242,985
1,190
244,462
Consumer
1,029
72
-
1,101
180,370
825
182,296
Total
$
1,905
$
775
$
-
$
2,680
$
2,487,180
$
10,011
$
2,499,871
December 31, 2025
Commercial, Financial and Agricultural
$
537
$
172
$
-
$
709
$
178,354
$
1,278
$
180,341
Real Estate – Construction
295
-
-
295
146,625
-
146,920
Real Estate – Commercial Mortgage
1,386
-
-
1,386
764,785
2,560
768,731
Real Estate – Residential
807
1,930
-
2,737
1,020,810
2,143
1,025,690
Real Estate – Home Equity
67
-
-
67
239,061
1,769
240,897
Consumer
1,561
262
-
1,823
180,871
845
183,539
Total
$
4,653
$
2,364
$
-
$
7,017
$
2,530,506
$
8,595
$
2,546,118
|
| Recorded Investment in Nonaccrual and Past Due Loans |
June 30, 2026
December 31, 2025
Nonaccrual
Nonaccrual
Nonaccrual
Nonaccrual
With No
With
90 + Days
With No
With
90 + Days
(Dollars in Thousands)
ACL
ACL
Still Accruing
ACL
ACL
Still Accruing
Commercial, Financial and Agricultural
$
1,016
$
111
$
-
$
1,038
$
240
$
-
Real Estate – Construction
379
-
-
-
-
-
Real Estate – Commercial Mortgage
1,038
2,022
-
753
1,807
-
Real Estate – Residential
1,399
2,031
-
1,275
868
-
Real Estate – Home Equity
666
524
-
1,382
387
-
Consumer
-
825
-
-
845
-
Total Nonaccrual
$
4,498
$
5,513
$
-
$
4,448
$
4,147
$
-
|
| Collateral-Dependent Loans |
June 30, 2026
December 31, 2025
Real Estate
Non Real Estate
Real Estate
Non Real Estate
(Dollars in Thousands)
Secured
Secured
Secured
Secured
Commercial, Financial and Agricultural
$
-
$
1,165
$
-
$
1,087
Real Estate – Construction
379
-
-
-
Real Estate – Commercial Mortgage
12,164
-
2,450
-
Real Estate – Residential
2,142
-
1,275
-
Real Estate – Home Equity
803
-
1,561
-
Consumer
-
-
-
-
Total Collateral Dependent
$
15,488
$
1,165
$
5,286
$
1,087
|
| Loans Held for Investment by Years of Origination |
(Dollars in Thousands)
Term
Revolving
As of June 30, 2026
2026
2025
2024
2023
2022
Prior
Loans
Total
Commercial, Financial,
Agriculture:
Pass
$
22,502
$
31,522
$
18,553
$
15,458
$
17,724
$
15,347
$
46,644
$
167,750
Special Mention
-
-
41
2,539
-
-
770
3,350
Substandard
72
-
110
53
64
5
1,132
1,436
Total
$
22,574
$
31,522
$
18,704
$
18,050
$
17,788
$
15,352
$
48,546
$
172,536
Current-Period Gross
Writeoffs
$
-
$
82
$
81
$
216
$
165
$
7
$
326
$
877
Real Estate - Construction:
Pass
$
28,895
$
90,468
$
9,848
$
2,342
$
9,973
$
53
$
6,554
$
148,133
Special Mention
-
-
-
-
615
-
-
615
Substandard
-
-
-
379
-
-
-
379
Total
$
28,895
$
90,468
$
9,848
$
2,721
$
10,588
$
53
$
6,554
$
149,127
Real Estate - Commercial
Mortgage:
Pass
$
49,678
$
81,993
$
66,431
$
92,599
$
150,330
$
221,684
$
22,532
$
685,247
Special Mention
755
7,799
-
3,458
22,818
7,688
1,307
43,825
Substandard
48
6,580
3,595
97
6,891
2,778
146
20,135
Doubtful
-
-
1,402
-
-
28
-
1,430
Total
$
50,481
$
96,372
$
71,428
$
96,154
$
180,039
$
232,178
$
23,985
$
750,637
Real Estate - Residential:
Pass
$
74,161
$
119,673
$
111,221
$
242,512
$
300,311
$
135,148
$
9,248
$
992,274
Special Mention
354
-
-
-
114
1,164
-
1,632
Substandard
38
130
627
1,103
1,446
3,563
-
6,907
Total
$
74,553
$
119,803
$
111,848
$
243,615
$
301,871
$
139,875
$
9,248
$
1,000,813
Current-Period Gross
Writeoffs
$
-
$
-
$
-
$
-
$
-
$
8
$
30
$
38
Real Estate - Home Equity:
Performing
$
195
$
272
$
7
$
310
$
17
$
642
$
241,901
$
243,344
Nonperforming
-
-
-
-
-
-
1,118
1,118
Total
$
195
$
272
$
7
$
310
$
17
$
642
$
243,019
$
244,462
Current-Period Gross
Writeoffs
$
-
$
-
$
-
$
-
$
-
$
-
$
13
$
13
Consumer:
Performing
$
40,451
$
51,488
$
17,057
$
21,109
$
22,674
$
16,189
$
12,502
$
181,470
Nonperforming
100
231
56
115
187
137
-
826
Total
$
40,551
$
51,719
$
17,113
$
21,224
$
22,861
$
16,326
$
12,502
$
182,296
Current-Period Gross
Writeoffs
$
1,175
$
353
$
179
$
329
$
286
$
210
$
88
$
2,620
(Dollars in Thousands)
Term
Revolving
As of December 31, 2025
2025
2024
2023
2022
2021
Prior
Loans
Total
Commercial, Financial,
Agriculture:
Pass
$
37,680
$
23,425
$
22,907
$
23,068
$
10,922
$
8,740
$
48,354
$
175,096
Special Mention
322
121
2,740
63
4
180
163
3,593
Substandard
-
146
95
245
16
36
1,114
1,652
Total
$
38,002
$
23,692
$
25,742
$
23,376
$
10,942
$
8,956
$
49,631
$
180,341
Current-Period Gross
Writeoffs
$
-
$
209
$
114
$
344
$
70
$
1
$
44
$
782
Real Estate - Construction:
Pass
$
76,850
$
39,024
$
3,298
$
14,996
$
53
$
187
$
9,295
$
143,703
Special Mention
-
-
372
2,127
-
-
-
2,499
Substandard
-
-
718
-
-
-
-
718
Total
$
76,850
$
39,024
$
4,388
$
17,123
$
53
$
187
$
9,295
$
146,920
Real Estate - Commercial
Mortgage:
Pass
$
93,723
$
76,348
$
101,262
$
174,959
$
92,388
$
152,307
$
22,555
$
713,542
Special Mention
9,830
4,477
5,725
20,547
3,922
4,074
720
49,295
Substandard
750
1,402
98
418
1,229
1,847
150
5,894
Total
$
104,303
$
82,227
$
107,085
$
195,924
$
97,539
$
158,228
$
23,425
$
768,731
Current-Period Gross
Writeoffs
$
-
$
-
$
-
$
-
$
-
$
4
$
-
$
4
Real Estate - Residential:
Pass
$
142,278
$
130,895
$
269,844
$
316,402
$
59,950
$
87,545
$
10,521
$
1,017,435
Special Mention
-
-
-
116
954
807
378
2,255
Substandard
-
558
429
1,201
1,310
2,341
161
6,000
Total
$
142,278
$
131,453
$
270,273
$
317,719
$
62,214
$
90,693
$
11,060
$
1,025,690
Current-Period Gross
Writeoffs
$
-
$
27
$
59
$
32
$
-
$
18
$
-
$
136
Real Estate - Home Equity:
Performing
$
391
$
9
$
411
$
19
$
106
$
587
$
237,678
$
239,201
Nonperforming
-
-
-
-
-
-
1,696
1,696
Total
$
391
$
9
$
411
$
19
$
106
$
587
$
239,374
$
240,897
Current-Period Gross
Writeoffs
$
-
$
-
$
-
$
-
$
-
$
9
$
35
$
44
Consumer:
Performing
$
63,443
$
21,866
$
27,919
$
31,464
$
21,524
$
5,164
$
11,315
$
182,695
Nonperforming
186
191
149
215
72
31
-
844
Total
$
63,629
$
22,057
$
28,068
$
31,679
$
21,596
$
5,195
$
11,315
$
183,539
Current-Period Gross
Writeoffs
$
2,789
$
376
$
1,003
$
1,036
$
454
$
144
$
152
$
5,954
|