Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.23.4
COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2023
Commitments and Contingencies [Abstract]  
Schedule of amounts associated with the entities off-balance sheet obligations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2023
December 31, 2022
(Dollars in Thousands)
Fixed
Variable
Total
Fixed
Variable
Total
Commitments to Extend Credit
 
(1)
$
212,312
$
562,402
$
774,714
$
243,614
$
531,873
$
775,487
Standby Letters of Credit
 
6,796
 
-
 
6,796
5,619
 
-
 
5,619
Total
$
219,108
$
562,402
$
781,510
$
249,233
$
531,873
$
781,106
(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)
2023
2022
2023
2022
Beginning Balance
$
3,120
$
2,853
$
2,989
$
2,897
Provision for Credit Losses
382
159
513
115
Ending Balance
$
3,502
$
3,012
$
3,502
$
3,012