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Loans (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2022 and December 31, 2021. Purchased loans are defined as loans that were acquired in bank acquisitions.
June 30, 2022
(dollars in thousands)Legacy LoansPurchased LoansTotal
Construction, land and land development$169,791 $17,254 $187,045 
Other commercial real estate699,184 147,197 846,381 
Total commercial real estate868,975 164,451 1,033,426 
Residential real estate170,590 45,599 216,189 
Commercial, financial, & agricultural (*)167,710 17,088 184,798 
Consumer and other16,870 1,522 18,392 
Total Loans$1,224,145 $228,660 $1,452,805 
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 $128,000 and $9.0 million in PPP loans at June 30, 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 June 30, 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
June 30, 2022
Construction, land and land development$168,324 $1,257 $210 $169,791 
Other commercial real estate669,200 20,930 9,054 699,184 
Total commercial real estate837,524 22,187 9,264 868,975 
Residential real estate160,982 5,890 3,718 170,590 
Commercial, financial, & agricultural165,149 869 1,692 167,710 
Consumer and other16,815 55 — 16,870 
Total Loans$1,180,470 $29,001 $14,674 $1,224,145 
(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 June 30, 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 June 30, 2022, the Company did not have any loans classified as “doubtful” or a “loss”.
(dollars in thousands)PassSpecial MentionSubstandardTotal Loans
June 30, 2022
Construction, land and land development$17,254 $— $— $17,254 
Other commercial real estate145,932 289 976 147,197 
Total commercial real estate163,186 289 976 164,451 
Residential real estate42,977 674 1,948 45,599 
Commercial, financial, & agricultural16,523 — 565 17,088 
Consumer and other1,375 — 147 1,522 
Total Loans$224,061 $963 $3,636 $228,660 
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 June 30, 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
June 30, 2022
Construction, land and land development$39 $— $39 $68 $169,684 $169,791 
Other commercial real estate341 — 341 684 698,159 699,184 
Total commercial real estate380 — 380 752 867,843 868,975 
Residential real estate390 — 390 1,518 168,682 170,590 
Commercial, financial, & agricultural141 — 141 972 166,597 167,710 
Consumer and other11 — 11 16 16,843 16,870 
Total Loans$922 $— $922 $3,258 $1,219,965 $1,224,145 
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 $1,004,204 
The following table presents the aging of the amortized cost basis in purchased loans by aging category and accrual status as of June 30, 2022 and December 31, 2021:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
June 30, 2022
Construction, land and land development$— $— $— $— $17,254 $17,254 
Other commercial real estate— — — 121 147,076 147,197 
Total commercial real estate— — — 121 164,330 164,451 
Residential real estate65 — 65 849 44,685 45,599 
Commercial, financial, & agricultural— — — 565 16,523 17,088 
Consumer and other— — — 153 1,369 1,522 
Total Loans$65 $— $65 $1,688 $226,907 $228,660 
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 $333,773 
Impaired Loan Data The following table details impaired loan data, including purchased credit impaired loans, as of June 30, 2022.
June 30, 2022
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land and land development$— $— $— $31 
Commercial real estate7,253 7,253 — 6,340 
Residential real estate521 521 — 942 
Commercial, financial & agriculture418 418 — 168 
Consumer & other1 1 — 1 
8,193 8,193 — 7,482 
With An Allowance Recorded
Construction, land and land development— — — — 
Commercial real estate417 417 129 1,722 
Residential real estate595 595 57 255 
Commercial, financial & agriculture822 818 350 888 
Consumer & other— — — — 
1,834 1,830 536 2,865 
Purchased Credit Impaired Loans
Construction, land and land development— — — — 
Commercial real estate1,429 1,429 — 1,070 
Residential real estate49 49 — 16 
Commercial, financial & agriculture— — — 12 
Consumer & other69 69 — 137 
1,547 1,547 — 1,235 
Total
Construction, land and land development— — — 31 
Commercial real estate9,099 9,099 129 9,132 
Residential real estate1,165 1,165 57 1,213 
Commercial, financial & agriculture1,240 1,236 350 1,068 
Consumer & other70 70 — 138 
$11,574 $11,570 $536 $11,582 
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