Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.21.2
COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2021
Commitments and Contingencies [Abstract]  
Schedule of amounts associated with the entities off-balance sheet obligations
June 30, 2021
December 31, 2020
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
 
(1)
$
 
204,549
$
 
560,909
$
 
765,458
$
160,372
$
 
596,572
$
 
756,944
Standby Letters of Credit
 
6,587
 
-
 
6,587
6,550
 
-
 
6,550
Total
$
 
211,136
$
560,909
$
772,045
$
166,922
$
596,572
$
763,494
(1)
 
Commitments include unfunded loans, revolving
 
lines of credit, and off-balance sheet
 
residential loan commitments.
Allowance for credit losses for off-balance sheet credit commitments
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in Thousands)
2021
2020
2021
2020
Beginning Balance
$
 
2,974
$
 
1,033
$
1,644
$
 
157
Impact of Adoption of ASC 326
-
-
-
876
Provision for Credit Losses
(387)
391
943
391
Ending Balance
$
 
2,587
$
1,424
$
2,587
$
1,424