COMMITMENTS AND CONTINGENCIES (Tables) |
9 Months Ended |
|---|---|
Sep. 30, 2021 | |
| Commitments and Contingencies [Abstract] | |
| Schedule of amounts associated with the entities off-balance sheet obligations |
September 30, 2021
December 31, 2020
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
$
214,666
$
535,695
$
750,361
$
160,372
$
596,572
$
756,944
Standby Letters of Credit
5,652
-
5,652
6,550
-
6,550
Total
$
220,318
$
535,695
$
756,013
$
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 September 30,
Nine Months Ended September 30,
(Dollars in Thousands)
2021
2020
2021
2020
Beginning Balance
$
2,587
$
1,033
$
1,644
$
157
Impact of Adoption of ASC 326
-
-
-
876
Provision for Credit Losses
530
434
1,473
434
Ending Balance
$
3,117
$
1,467
$
3,117
$
1,467
|
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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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| X | ||||||||||
- 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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