Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2024

The following tables detail the activity in the ACL on loans by segment and class for the periods indicated:


	Three Months Ended September 30, 2024
	Beginning Balance		Charge-offs		Recoveries		(Reversal of) Provision for Credit Losses		Ending Balance
	(Dollars in thousands)
Commercial business:
Commercial and industrial	$	11,134	$	(50)	$	72	$	(472)	$	10,684
Owner-occupied CRE	9,850		(2,510)		—		4,819		12,159
Non-owner occupied CRE	13,483		—		—		841		14,324
Total commercial business	34,467		(2,560)		72		5,188		37,167
Residential real estate	3,735		—		—		(131)		3,604
Real estate construction and land development:
Residential	910		—		—		(118)		792
Commercial and multifamily	9,908		—		—		(2,235)		7,673
Total real estate construction and land development	10,818		—		—		(2,353)		8,465
Consumer	2,199		(85)		40		1		2,155
Total	$	51,219	$	(2,645)	$	112	$	2,705	$	51,391


	Nine Months Ended September 30, 2024
	Beginning Balance		Charge-offs		Recoveries		Provision for (Reversal of) Credit Losses		Ending Balance
	(Dollars in thousands)
Commercial business:
Commercial and industrial	$	11,128	$	(439)	$	448	$	(453)	$	10,684
Owner-occupied CRE	8,999		(2,510)		359		5,311		12,159
Non-owner occupied CRE	11,176		—		—		3,148		14,324
Total commercial business	31,303		(2,949)		807		8,006		37,167
Residential real estate	3,473		—		—		131		3,604
Real estate construction and land development:
Residential	1,643		—		—		(851)		792
Commercial and multifamily	9,233		—		—		(1,560)		7,673
Total real estate construction and land development	10,876		—		—		(2,411)		8,465
Consumer	2,347		(446)		101		153		2,155
Total	$	47,999	$	(3,395)	$	908	$	5,879	$	51,391


	Three Months Ended September 30, 2023
	Beginning Balance		Charge-offs		Recoveries		Provision for (Reversal of) Credit Losses		Ending Balance
	(Dollars in thousands)
Commercial business:
Commercial and industrial	$	13,288	$	(15)	$	1,253	$	(2,781)	$	11,745
Owner-occupied CRE	8,503		—		—		191		8,694
Non-owner occupied CRE	9,482		—		—		1,184		10,666
Total commercial business	31,273		(15)		1,253		(1,406)		31,105
Residential real estate	2,865		—		—		684		3,549
Real estate construction and land development:
Residential	1,671		—		—		(163)		1,508
Commercial and multifamily	8,014		—		—		437		8,451
Total real estate construction and land development	9,685		—		—		274		9,959
Consumer	2,585		(123)		59		(187)		2,334
Total	$	46,408	$	(138)	$	1,312	$	(635)	$	46,947


	Nine Months Ended September 30, 2023
	Beginning Balance		Charge-offs		Recoveries		(Reversal of) Provision for Credit Losses		Ending Balance
	(Dollars in thousands)
Commercial business:
Commercial and industrial	$	13,962	$	(176)	$	1,342	$	(3,383)	$	11,745
Owner-occupied CRE	7,480		—		—		1,214		8,694
Non-owner occupied CRE	9,276		—		—		1,390		10,666
Total commercial business	30,718		(176)		1,342		(779)		31,105
Residential real estate	2,872		—		—		677		3,549
Real estate construction and land development:
Residential	1,654		—		—		(146)		1,508
Commercial and multifamily	5,409		—		—		3,042		8,451
Total real estate construction and land development	7,063		—		—		2,896		9,959
Consumer	2,333		(420)		149		272		2,334
Total	$	42,986	$	(596)	$	1,491	$	3,066	$	46,947

The following table details the activity in the ACL on unfunded commitments during the periods indicated:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(Dollars in thousands)
Balance, beginning of period	$	774	$	1,777	$	1,288	$	1,744
(Reversal of) provision for credit losses on unfunded commitments	(266)		(243)		(780)		(210)
Balance, end of period	$	508	$	1,534	$	508	$	1,534