LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES (Tables) |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Loans Held for Investment and Allowance for Credit Losses [Abstract] | |
| Composition of the Loan Portfolio |
(Dollars in Thousands)
September 30, 2026
December 31, 2025
Commercial, Financial
$
168,144
$
180,341
Real Estate
149,335
146,920
Real Estate
736,380
768,731
Real Estate
(1)
1,004,438
1,025,690
Real Estate
246,120
240,897
Consumer
(2)
185,307
183,539
Loans Held For Investment,
$
2,489,724
$
2,546,118
(1)
Includes loans
0.5
5.6
(2)
Includes overdraft
1.3
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
September 30, 2026
Beginning Balance
$
1,828
$
1,282
$
7,540
$
14,877
$
2,467
$
3,013
$
31,007
Provision for Credit Losses
(25)
179
(241)
(837)
(52)
847
(129)
Charge-Offs
(251)
-
-
(9)
7
(1,883)
(2,136)
Recoveries
282
-
7
163
4
1,171
1,627
Net Recoveries (Charge-Offs)
31
-
7
154
11
(712)
(509)
Ending Balance
$
1,834
$
1,461
$
7,306
$
14,194
$
2,426
$
3,148
$
30,369
Nine Months Ended
September 30, 2026
Beginning Balance
$
1,751
$
1,681
$
6,859
$
15,317
$
2,368
$
3,025
$
31,001
Provision for Credit Losses
790
(220)
349
(1,343)
46
1,788
1,410
Charge-Offs
(1,128)
-
-
(47)
(6)
(4,503)
(5,684)
Recoveries
421
-
98
267
18
2,838
3,642
Net (Charge-Offs) Recoveries
(707)
-
98
220
12
(1,665)
(2,042)
Ending Balance
$
1,834
$
1,461
$
7,306
$
14,194
$
2,426
$
3,148
$
30,369
Three Months Ended
September 30, 2025
Beginning Balance
$
1,425
$
1,811
$
6,256
$
15,264
$
2,014
$
3,092
$
29,862
Provision for Credit Losses
370
(352)
268
164
200
900
1,550
Charge-Offs
(373)
-
-
(12)
(10)
(1,573)
(1,968)
Recoveries
95
-
8
13
10
632
758
Net (Charge-Offs) Recoveries
(278)
-
8
1
-
(941)
(1,210)
Ending Balance
$
1,517
$
1,459
$
6,532
$
15,429
$
2,214
$
3,051
$
30,202
Nine Months Ended
September 30, 2025
Beginning Balance
$
1,514
$
2,384
$
5,867
$
14,568
$
1,952
$
2,966
$
29,251
Provision for Credit Losses
331
(925)
648
733
235
2,329
3,351
Charge-Offs
(615)
-
-
(69)
(34)
(4,359)
(5,077)
Recoveries
287
-
17
197
61
2,115
2,677
Net (Charge-Offs) Recoveries
(328)
-
17
128
27
(2,244)
(2,400)
Ending Balance
$
1,517
$
1,459
$
6,532
$
15,429
$
2,214
$
3,051
$
30,202
|
| Loan Portfolio Aging |
30-59
60-89
90 +
Total
Total
Nonaccrual
Total
(Dollars in Thousands)
DPD
DPD
DPD
Past Due
Current
Loans
Loans
September 30, 2026
Commercial, Financial
$
246
$
-
$
-
$
246
$
167,780
$
118
$
168,144
Real Estate
-
634
-
634
148,322
379
149,335
Real Estate
1,829
-
-
1,829
732,478
2,073
736,380
Real Estate
235
151
-
386
1,000,227
3,825
1,004,438
Real Estate
122
-
-
122
245,734
264
246,120
Consumer
933
37
-
970
183,641
696
185,307
Total
$
3,365
$
822
$
-
$
4,187
$
2,478,182
$
7,355
$
2,489,724
December 31, 2025
Commercial, Financial
$
537
$
172
$
-
$
709
$
178,354
$
1,278
$
180,341
Real Estate
295
-
-
295
146,625
-
146,920
Real Estate
1,386
-
-
1,386
764,785
2,560
768,731
Real Estate
807
1,930
-
2,737
1,020,810
2,143
1,025,690
Real Estate
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 |
September 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
$
-
$
118
$
-
$
1,038
$
240
$
-
Real Estate
-
379
-
-
-
-
Real Estate
668
1,405
-
753
1,807
-
Real Estate
1,810
2,015
-
1,275
868
-
Real Estate
-
264
-
1,382
387
-
Consumer
-
696
-
-
845
-
Total Nonaccrual
$
2,478
$
4,877
$
-
$
4,448
$
4,147
$
-
|
| Collateral-Dependent Loans |
September 30, 2026
December 31, 2025
Real Estate
Non Real Estate
Real Estate
Non Real Estate
(Dollars in Thousands)
Secured
Secured
Secured
Secured
Commercial, Financial
$
-
$
46
$
-
$
1,087
Real Estate
379
-
-
-
Real Estate
11,697
-
2,450
-
Real Estate
2,168
-
1,275
-
Real Estate
391
-
1,561
-
Consumer
-
-
-
-
Total Collateral
$
14,635
$
46
$
5,286
$
1,087
|
| Loans Held for Investment by Years of Origination |
(Dollars in Thousands)
Term Loans
Revolving
As of September 30, 2026
2026
2025
2024
2023
2022
Prior
Loans
Total
Commercial, Financial,
Agriculture:
Pass
$
34,032
$
28,937
$
16,563
$
13,119
$
13,790
$
13,510
$
43,485
$
163,436
Special Mention
-
61
37
2,340
1,090
-
768
4,296
Substandard
114
-
105
49
67
3
74
412
Total
$
34,146
$
28,998
$
16,705
$
15,508
$
14,947
$
13,513
$
44,327
$
168,144
Current-Period Gross
Writeoffs
$
26
$
82
$
110
$
279
$
184
$
12
$
435
$
1,128
Real Estate
Pass
$
56,034
$
70,866
$
2,433
$
2,212
$
9,694
$
53
$
6,545
$
147,837
Special Mention
-
-
-
-
485
-
-
485
Substandard
-
-
634
379
-
-
-
1,013
Total
$
56,034
$
70,866
$
3,067
$
2,591
$
10,179
$
53
$
6,545
$
149,335
Real Estate
Mortgage:
Pass
$
73,556
$
81,383
$
63,168
$
83,575
$
146,789
$
203,907
$
20,802
$
673,180
Special Mention
3,993
4,780
267
3,431
27,590
8,159
1,250
49,470
Substandard
-
4,202
3,559
96
1,857
2,470
144
12,328
Doubtful
-
-
1,402
-
-
-
-
1,402
Total
$
77,549
$
90,365
$
68,396
$
87,102
$
176,236
$
214,536
$
22,196
$
736,380
Real Estate
Pass
$
110,864
$
115,191
$
105,477
$
231,979
$
292,824
$
129,618
$
10,575
$
996,528
Special Mention
337
-
-
-
113
1,172
-
1,622
Substandard
457
286
555
946
792
3,252
-
6,288
Total
$
111,658
$
115,477
$
106,032
$
232,925
$
293,729
$
134,042
$
10,575
$
1,004,438
Current-Period Gross
Writeoffs
$
-
$
-
$
-
$
-
$
-
$
17
$
30
$
47
Real Estate - Home Equity:
Performing
$
600
$
269
$
-
$
219
$
16
$
406
$
244,418
$
245,928
Nonperforming
-
-
-
-
-
-
192
192
Total
$
600
$
269
$
-
$
219
$
16
$
406
$
244,610
$
246,120
Current-Period Gross
Writeoffs
$
-
$
-
$
-
$
-
$
-
$
(33)
$
39
$
6
Consumer:
Performing
$
61,018
$
46,514
$
14,991
$
17,655
$
18,508
$
12,339
$
13,586
$
184,611
Nonperforming
113
176
69
76
171
91
-
696
Total
$
61,131
$
46,690
$
15,060
$
17,731
$
18,679
$
12,430
$
13,586
$
185,307
Current-Period Gross
Writeoffs
$
2,364
$
613
$
200
$
454
$
487
$
257
$
128
$
4,503
(Dollars in Thousands)
Term Loans
Revolving
As of December
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
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
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
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
|