Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.22.2.2
COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2022
Commitments and Contingencies [Abstract]  
Schedule of amounts associated with the entities off-balance sheet obligations
September 30, 2022
December 31, 2021
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
 
(1)
$
256,284
$
535,306
$
791,590
$
217,531
$
505,897
$
723,428
Standby Letters of Credit
 
5,460
 
-
 
5,460
5,205
 
-
 
5,205
Total
$
261,744
$
535,306
$
797,050
$
222,736
$
505,897
$
728,633
(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 September 30,
Nine Months Ended September 30,
(Dollars in Thousands)
2022
2021
2022
2021
Beginning Balance
$
2,853
$
2,587
$
2,897
$
1,644
Provision for Credit Losses
159
530
115
1,473
Ending Balance
$
3,012
$
3,117
$
3,012
$
3,117