LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES (Tables) |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| Loans, net [Abstract] | |
| Schedule of composition of the loan portfolio |
(Dollars in Thousands)
2021
2020
Commercial, Financial and Agricultural
(1)
$
223,086
$
393,930
Real Estate – Construction
174,394
135,831
Real Estate – Commercial Mortgage
663,550
648,393
Real Estate – Residential
(2)
360,021
352,543
Real Estate – Home Equity
187,821
205,479
Consumer
(3)
322,593
270,250
Loans Held for Investment, Net of Unearned Income
$
1,931,465
$
2,006,426
(1)
0.1
175.3
(2)
Includes loans in process with outstanding balances
13.6
10.9
(3)
1.1
0.7
|
| 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
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
2019
Beginning Balance
$
1,434
$
280
$
4,181
$
3,400
$
2,301
$
2,614
$
14,210
664
371
(1,129)
(301)
178
2,244
2,027
(768)
(281)
(214)
(400)
(430)
(2,878)
(4,971)
345
-
578
429
175
1,112
2,639
(423)
(281)
364
29
(255)
(1,766)
(2,332)
Ending Balance
$
1,675
$
370
$
3,416
$
3,128
$
2,224
$
3,092
$
13,905
|
| 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
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
2020
Commercial, Financial and Agricultural
$
194
$
124
$
-
$
318
$
393,451
$
161
$
393,930
Real Estate – Construction
-
717
-
717
134,935
179
135,831
Real Estate – Commercial Mortgage
293
-
-
293
646,688
1,412
648,393
Real Estate – Residential
375
530
-
905
348,508
3,130
352,543
Real Estate – Home Equity
325
138
-
463
204,321
695
205,479
Consumer
1,556
342
-
1,898
268,058
294
270,250
Total
$
2,743
$
1,851
$
-
$
4,594
$
1,995,961
$
5,871
$
2,006,426
|
| Schedule of recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans |
2021
2020
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
$
67
$
23
$
-
$
-
$
161
$
-
Real Estate – Construction
-
-
-
-
179
-
Real Estate – Commercial Mortgage
-
604
-
1,075
337
-
Real Estate – Residential
928
1,169
-
1,513
1,617
-
Real Estate – Home Equity
463
856
-
-
695
-
Consumer
-
212
-
-
294
-
Total
$
1,458
$
2,864
$
-
$
2,588
$
3,283
$
-
|
| Amortized cost basis of collateral-dependent loans |
2021
2020
Real Estate
Non Real
Estate
Real Estate
Non Real
Estate
(Dollars in Thousands)
Secured
Secured
Secured
Secured
Commercial, Financial and Agricultural
$
-
$
67
$
-
$
-
Real Estate – Commercial Mortgage
455
-
3,900
-
Real Estate – Residential
1,645
-
3,022
-
Real Estate – Home Equity
649
-
219
-
Consumer
-
-
-
29
Total
$
2,749
$
67
$
7,141
$
29
|
| Summary of gross loans held for investment by years of origination |
Term Loans by Origination Year
Revolving
(Dollars in Thousands)
2021
2020
2019
2018
2017
Prior
Loans
Total
Commercial, Financial,
Agricultural:
Pass
$
69,531
$
31,335
$
30,084
$
20,276
$
9,578
$
11,836
$
50,030
$
222,670
Special Mention
-
-
3
6
-
25
-
34
Substandard
35
10
67
178
46
46
-
382
Total
$
69,566
$
31,345
$
30,154
$
20,460
$
9,624
$
11,907
$
50,030
$
223,086
Real Estate -
Construction:
Pass
$
95,457
$
56,875
$
15,770
$
453
$
130
$
-
$
5,709
$
174,394
Total
$
95,457
$
56,875
$
15,770
$
453
$
130
$
-
$
5,709
$
174,394
Real Estate - Commercial
Mortgage:
Pass
$
173,502
$
134,418
$
79,969
$
79,575
$
55,417
$
91,938
$
21,508
$
636,327
Special Mention
7,004
-
1,760
2,639
426
5,374
1,000
18,203
Substandard
1,483
1,034
4,083
-
1,236
1,111
73
9,020
Total
$
181,989
$
135,452
$
85,812
$
82,214
$
57,079
$
98,423
$
22,581
$
663,550
Real Estate - Residential:
Pass
$
130,424
$
62,509
$
38,617
$
27,332
$
26,829
$
60,467
$
6,600
$
352,778
Special Mention
-
134
20
121
167
412
-
854
Substandard
1,651
-
1,038
806
218
2,676
-
6,389
Total
$
132,075
$
62,643
$
39,675
$
28,259
$
27,214
$
63,555
$
6,600
$
360,021
Real Estate - Home
Equity:
Performing
$
137
$
53
$
257
$
130
$
743
$
1,510
$
183,672
$
186,502
Nonperforming
-
-
18
-
-
78
1,223
1,319
Total
$
137
53
275
130
743
1,588
184,895
187,821
Consumer:
Performing
$
173,031
$
64,805
$
39,045
$
26,383
$
10,759
$
3,138
$
5,220
$
322,381
Nonperforming
58
44
37
66
1
6
-
212
Total
$
173,089
64,849
39,082
26,449
10,760
3,144
5,220
322,593
|