COMMITMENTS AND CONTINGENCIES (Tables) |
6 Months Ended |
---|---|
Jun. 30, 2023 | |
Commitments and Contingencies [Abstract] | |
Schedule of amounts associated with the entities off-balance sheet obligations |
June 30, 2023
December 31, 2022
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
$
206,057
$
569,036
$
775,093
$
243,614
$
531,873
$
775,487
Standby Letters of Credit
6,297
-
6,297
5,619
-
5,619
Total
$
212,354
$
569,036
$
781,390
$
249,233
$
531,873
$
781,106
(1)
Commitments include unfunded loans, revolving
|
Allowance for credit losses for off-balance sheet credit commitments |
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in Thousands)
2023
2022
2023
2022
Beginning Balance
$
2,833
$
2,976
$
2,989
$
2,897
Provision for Credit Losses
287
(123)
131
(44)
Ending Balance
$
3,120
$
2,853
$
3,120
$
2,853
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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://www.xbrl.org/2009/role/commonPracticeRef
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