COMMITMENTS AND CONTINGENCIES (Tables) |
3 Months Ended |
|---|---|
Mar. 31, 2021 | |
| Commitments and Contingencies [Abstract] | |
| Schedule of amounts associated with the entities off-balance sheet obligations |
March 31, 2021
December 31, 2020
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
$
170,898
$
599,387
$
770,285
$
160,372
$
596,572
$
756,944
Standby Letters of Credit
6,711
-
6,711
6,550
-
6,550
Total
$
177,609
$
599,387
$
776,996
$
166,922
$
596,572
$
763,494
(1)
Commitments include unfunded loans, revolving
|
| Allowance for credit losses for off-balance sheet credit commitments |
Three Months Ended March 31,
(Dollars in Thousands)
2021
2020
Beginning Balance
$
1,644
$
157
Impact of Adoption of ASC 326
-
876
Provision for Credit Losses
1,330
-
Ending Balance
$
2,974
$
1,033
|
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- Definition Tabular disclosure of allowance for credit losses for off-balance sheet credit commitments. No definition available.
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- References No definition available.
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- Definition Tabular disclosure of the loss contingencies that were reported in the period or disclosed as of the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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