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Loans (Tables)
 3 Months Ended
Mar. 31, 2022
Receivables [Abstract]  
Schedule of Loans Segregated by Class
The following table presents the composition of loans segregated by legacy and purchased loans and by class of loans, as of March 31, 2022 and December 31, 2021. Purchased loans are defined as loans that were acquired in bank acquisitions.
March 31, 2022
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$147,306 $23,605 $170,911 
Other commercial real estate653,831 149,164 802,995 
Total commercial real estate801,137 172,769 973,906 
Residential real estate149,215 58,471 207,686 
Commercial, financial, & agricultural (*)126,373 27,865 154,238 
Consumer and other16,788 1,414 18,202 
Total Loans$1,093,513 $260,519 $1,354,032 
December 31, 2021
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$119,953 $45,493 $165,446 
Other commercial real estate595,739 191,653 787,392 
Total commercial real estate715,692 237,146 952,838 
Residential real estate159,469 53,058 212,527 
Commercial, financial, & agricultural (*)113,040 41,008 154,048 
Consumer and other16,003 2,561 18,564 
Total Loans$1,004,204 $333,773 $1,337,977 
(*) Includes $387,000 and $9.0 million in PPP loans at March 31, 2022 and December 31, 2021, respectively.
Loan Portfolio by Credit Quality Indicators The following table presents the loan portfolio, excluding purchased loans, by credit quality indicator (risk grade) as of March 31, 2022 and December 31, 2021. Those loans with a risk grade of 1, 2, 3, 4 and 5 have been combined in the pass column for presentation purposes.
(dollars in thousands)PassSpecial MentionSubstandardTotal Loans
March 31, 2022
Construction, land and land development$144,522 $2,529 $255 $147,306 
Other commercial real estate622,237 23,734 7,860 653,831 
Total commercial real estate766,759 26,263 8,115 801,137 
Residential real estate138,027 5,803 5,385 149,215 
Commercial, financial, & agricultural124,178 1,174 1,021 126,373 
Consumer and other16,670 70 48 16,788 
Total Loans$1,045,634 $33,310 $14,569 $1,093,513 
(dollars in thousands)
December 31, 2021
Construction, land and land development$117,044 $2,634 $275 $119,953 
Other commercial real estate562,228 25,718 7,793 595,739 
Total commercial real estate679,272 28,352 8,068 715,692 
Residential real estate148,507 5,733 5,229 159,469 
Commercial, financial, & agricultural110,267 1,488 1,285 113,040 
Consumer and other15,787 78 $138 16,003 
Total Loans$953,833 $35,651 $14,720 $1,004,204 
The following table presents the purchased loan portfolio by credit quality indicator (risk grade) as of March 31, 2022 and December 31, 2021. Those loans with a risk grade of 1, 2, 3, 4 or 5 have been combined in the pass column for presentation purposes. For the period ending March 31, 2022, the Company did not have any loans classified as “doubtful” or a “loss”.
(dollars in thousands)PassSpecial MentionSubstandardTotal Loans
March 31, 2022
Construction, land and land development$23,577 $— $28 $23,605 
Other commercial real estate147,899 184 1,081 149,164 
Total commercial real estate171,476 184 1,109 172,769 
Residential real estate55,412 686 2,373 58,471 
Commercial, financial, & agricultural27,241 373 251 27,865 
Consumer and other1,410 — 4 1,414 
Total Loans$255,539 $1,243 $3,737 $260,519 
December 31, 2021
Construction, land and land development$45,432 $— $61 $45,493 
Other commercial real estate186,905 3,518 1,230 191,653 
Total commercial real estate232,337 3,518 1,291 237,146 
Residential real estate49,875 563 2,620 53,058 
Commercial, financial, & agricultural40,711 — 297 41,008 
Consumer and other2,558 3 — 2,561 
Total Loans$325,481 $4,084 $4,208 $333,773 
Age Analysis of Past Due Loans and Nonaccrual Loans The following table presents the aging of the amortized cost basis in legacy loans by aging category and accrual status as of March 31, 2022 and December 31, 2021:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
March 31, 2022
Construction, land and land development$109 $— $109 $67 $147,130 $147,306 
Other commercial real estate759 — 759 1,336 651,736 653,831 
Total commercial real estate868 — 868 1,403 798,866 801,137 
Residential real estate278 — 278 2,978 145,959 149,215 
Commercial, financial, & agricultural437 — 437 578 125,358 126,373 
Consumer and other18 — 18 22 16,748 16,788 
Total Loans$1,601 $— $1,601 $4,981 $1,086,931 $1,093,513 
December 31, 2021
Construction, land and land development$6 $— $6 $— $119,947 $119,953 
Other commercial real estate349 — 349 577 594,813 595,739 
Total commercial real estate355 — 355 577 714,760 715,692 
Residential real estate421 — 421 2,641 156,407 159,469 
Commercial, financial, & agricultural69 — 69 708 112,263 113,040 
Consumer and other93 — 93 26 15,884 16,003 
Total Loans$938 $— $938 $3,952 $999,314 $1,004,204 
The following table presents the aging of the amortized cost basis in purchased loans by aging category and accrual status as of March 31, 2022 and December 31, 2021:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
March 31, 2022
Construction, land and land development$— $— $— $— $23,605 $23,605 
Other commercial real estate— — — 125 149,039 149,164 
Total commercial real estate— — — 125 172,644 172,769 
Residential real estate598 — 598 1,061 56,812 58,471 
Commercial, financial, & agricultural226 — 226 — 27,639 27,865 
Consumer and other3 — 3 4 1,407 1,414 
Total Loans$827 $— $827 $1,190 $258,502 $260,519 
December 31, 2021
Construction, land and land development$2,680 $— $2,680 $31 $42,782 $45,493 
Other commercial real estate— — — 260 191,393 191,653 
Total commercial real estate2,680 — 2,680 291 234,175 237,146 
Residential real estate560 — 560 1,198 51,300 53,058 
Commercial, financial, & agricultural389 — 389 — 40,619 41,008 
Consumer and other— — — 8 2,553 2,561 
Total Loans$3,629 $— $3,629 $1,497 $328,647 $333,773 
Impaired Loan Data The following table details impaired loan data, including purchased credit impaired loans, as of March 31, 2022.
March 31, 2022
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land and land development$— $— $— $1,773 
Commercial real estate5,982 5,281 — 6,155 
Residential real estate1,022 1,058 — 1,071 
Commercial, financial & agriculture99 99 — 85 
Consumer & other2 2 — 1 
7,105 6,440 — 9,085 
With An Allowance Recorded
Construction, land and land development— — — — 
Commercial real estate1,168 1,183 141 2,938 
Residential real estate1,297 1,406 123 1,022 
Commercial, financial & agriculture180 198 163 50 
Consumer & other— — — — 
2,645 2,787 427 4,010 
Purchased Credit Impaired Loans
Construction, land and land development— — — 30 
Commercial real estate— — — 1,239 
Residential real estate3 — 1 6 
Commercial, financial & agriculture— — — 31 
Consumer & other192 — 96 144 
195 — 97 1,450 
Total
Construction, land and land development— — — 1,803 
Commercial real estate7,150 6,464 141 10,332 
Residential real estate2,322 2,464 124 2,099 
Commercial, financial & agriculture279 297 163 166 
Consumer & other194 2 96 145 
$9,945 $9,227 $524 $14,545 
The following table details impaired loan data as of December 31, 2021.
December 31, 2021
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land and land development$62 $62 $— $4,311 
Commercial real estate7,203 6,369 — 8,113 
Residential real estate958 997 — 1,083 
Commercial, financial & agriculture75 75 — 56 
Consumer & other— — — — 
8,298 7,503 — 13,563 
With An Allowance Recorded
Construction, land and land development— — — — 
Commercial real estate430 483 148 4,429 
Residential real estate685 773 108 1,029 
Commercial, financial & agriculture— — — 79 
Consumer & other— — — 1 
1,115 1,256 256 5,538 
Purchased Credit Impaired Loans
Construction, land and land development— — — 51 
Commercial real estate2,003 1,916 18 802 
Residential real estate4 — 6 7 
Commercial, financial & agriculture— — — 35 
Consumer & other192 73 96 72 
2,199 1,989 120 967 
Total
Construction, land and land development62 62 — 4,362 
Commercial real estate9,636 8,768 166 13,344 
Residential real estate1,647 1,770 114 2,119 
Commercial, financial & agriculture75 75 — 170 
Consumer & other192 73 96 73 
$11,612 $10,748 $376 $20,068