XML 31 R23.htm IDEA: XBRL DOCUMENT v3.23.1
Loans (Tables)
 3 Months Ended
Mar. 31, 2023
Receivables [Abstract]  
Schedule of Loans Segregated by Class
The following table presents the composition of loans segregated by class of loans, as of March 31, 2023 and December 31, 2022.
(dollars in thousands)March 31, 2023December 31, 2022
Construction, land & land development$249,720 $229,435 
Other commercial real estate985,627 975,447 
Total commercial real estate1,235,347 1,204,882 
Residential real estate316,415 290,054 
Commercial, financial, & agricultural 225,269 223,923 
Consumer and other22,822 18,247 
Total Loans$1,799,853 $1,737,106 
Schedule of Loan Portfolio by Credit Quality Indicators The following table presents the loan portfolio segregated by class of loans and the risk category of term loans by vintage year, which is the year of origination or most recent renewal, as of March 31, 2023. Those loans with a risk grade of 1, 2, 3, 4 and 5 have been combined in the pass column for presentation purposes. There were no loans with a risk rating of "doubtful" or "loss" at March 31, 2023.
Term Loans Amortized Cost Basis by Origination Year
(dollars in thousands)20232022202120202019PriorRevolversRevolvers converted to term loansTotal
March 31, 2023
Construction, land & land development
Risk rating
Pass$25,111 $156,160 $39,399 $8,807 $1,724 $6,342 $11,184 $— $248,727 
Special Mention— — — — — 233 — — 233 
Substandard— 599 5 — 67 89 — — 760 
Total Construction, land & land development25,111 156,759 39,404 8,807 1,791 6,664 11,184 — 249,720 
  Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other commercial real estate
Risk rating
Pass24,793 324,093 222,365 99,740 91,335 174,315 26,595 48 963,284 
Special Mention— 54 2,843 1,767 4,634 6,879 — — 16,177 
Substandard— 2,672 170 — — 3,278 46 — 6,166 
Total Other commercial real estate24,793 326,819 225,378 101,507 95,969 184,472 26,641 48 985,627 
Current period gross write offs— — — — — — — — — 
Residential real estate
Risk rating
Pass17,738 121,766 56,799 24,317 9,924 51,143 21,485 — 303,172 
Special Mention299 158 109 87 968 5,211 122 — 6,954 
Substandard— 532 240 234 96 5,187 — — 6,289 
Total Residential real estate18,037 122,456 57,148 24,638 10,988 61,541 21,607 — 316,415 
Current period gross write offs— — — — — — — — — 
Commercial, financial, & agricultural
Risk rating
Pass19,919 65,936 30,800 17,615 6,670 16,188 61,430 151 218,709 
Special Mention— 83 200 197 35 91 491 — 1,097 
Substandard— 34 4,676 309 33 319 92 — 5,463 
Total Commercial, financial, & agricultural19,919 66,053 35,676 18,121 6,738 16,598 62,013 151 225,269 
Current period gross write offs— 200 12 — — 61 — — 273 
Consumer and other
Risk rating
Pass8,219 6,252 3,291 2,109 1,281 1,169 358 — 22,679 
Special Mention— 11 23 8 27 5 — — 74 
Substandard15 18 1 22 2 11 — — 69 
Total Consumer and other8,234 6,281 3,315 2,139 1,310 1,185 358 — 22,822 
Current period gross write offs— — — 3 — — — — 3 
Total Loans
Risk rating
Pass95,780 674,207 352,654 152,588 110,934 249,157 121,052 199 1,756,571 
Special Mention299 307 3,174 2,059 5,664 12,418 613 — 24,534 
Substandard15 3,855 5,092 566 198 8,884 138 — 18,748 
Total Loans$96,094 $678,369 $360,920 $155,213 $116,796 $270,459 $121,803 $199 $1,799,853 
Total current period gross write offs$— $200 $12 $3 $— $61 $— $— $276 
The following table presents the loan portfolio by credit quality indicator (risk grade) as of December 31, 2022. Those loans with a risk grade of 1, 2, 3, 4 and 5 have been combined
in the pass column for presentation purposes. There were no loans with a risk rating of "doubtful" or "loss" at December 31, 2022.
(dollars in thousands)Special
December 31, 2022PassMentionSubstandardTotal
Construction, land & land development$228,494 $290 $651 $229,435 
Other commercial real estate951,126 17,562 6,759 975,447 
Total commercial real estate1,179,620 17,852 7,410 1,204,882 
Residential real estate277,930 6,574 5,550 290,054 
Commercial, financial, & agricultural220,908 885 2,130 223,923 
Consumer and other18,157 54 $36 18,247 
Total Loans$1,696,615 $25,365 $15,126 $1,737,106 
Summary of Age Analysis of Past Due Loans The following table presents the aging of the amortized cost basis of loans by aging category and accrual status as of March 31, 2023 and December 31, 2022:
(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, 2023
Construction, land & land development$9 $— $9 $124 $249,587 $249,720 
Other commercial real estate554 — 554 1,541 983,532 985,627 
Total commercial real estate563 — 563 1,665 1,233,119 1,235,347 
Residential real estate1,596 — 1,596 2,953 311,866 316,415 
Commercial, financial, & agricultural2,602 — 2,602 2,530 220,137 225,269 
Consumer and other15 — 15 17 22,790 22,822 
Total Loans$4,776 $— $4,776 $7,165 $1,787,912 $1,799,853 
December 31, 2022
Construction, land & land development$— $— $— $149 $229,286 $229,435 
Other commercial real estate395 — 395 1,509 973,543 975,447 
Total commercial real estate395 — 395 1,658 1,202,829 1,204,882 
Residential real estate882 — 882 2,686 286,486 290,054 
Commercial, financial, & agricultural476 — 476 1,341 222,106 223,923 
Consumer and other40 — 40 21 18,186 18,247 
Total Loans$1,793 $— $1,793 $5,706 $1,729,607 $1,737,106 
Summary of Nonaccrual Loans
The following table is a summary of the Company's nonaccrual loans by major categories for the periods indicated.
March 31, 2023
(dollars in thousands)Nonaccrual Loans with No Related ACLNonaccrual Loans with a Related ACLTotal Nonaccrual Loans
Construction, land & land development$124 $— $124 
Other commercial real estate1,497 44 1,541 
Total commercial real estate1,621 44 1,665 
Residential real estate2,953 — 2,953 
Commercial, financial, & agricultural2,530 — 2,530 
Consumer and other17 — 17 
Total Loans$7,121 $44 $7,165 
Summary of Impaired Loan Data The following table details impaired loan data, including purchased credit impaired loans, as of December 31, 2022.
December 31, 2022
(dollars in thousands)Unpaid
Contractual
Principal
Balance		Recorded InvestmentRelated
Allowance		Average
Recorded
Investment
With No Related Allowance Recorded
Construction, land & land development$40 $40 $— $10 
Other commercial real estate3,754 3,754 — 5,311 
Residential real estate62 62 — 570 
Commercial, financial & agricultural— — — 306 
Consumer and other— — — 1 
3,856 3,856 — 6,198 
With An Allowance Recorded
Construction, land & land development474 474 44 177 
Other commercial real estate— — — 503 
Residential real estate— — — 588 
Commercial, financial & agricultural— — — 369 
Consumer and other— — — — 
474 474 44 1,637 
Purchased Credit Impaired Loans
Construction, land & land development— — — — 
Other commercial real estate798 798 33 760 
Residential real estate— — — 13 
Commercial, financial & agricultural— — — — 
Consumer and other— — — 65 
798 798 33 838 
Total
Construction, land & land development514 514 44 187 
Other commercial real estate4,552 4,552 33 6,574 
Residential real estate62 62 — 1,171 
Commercial, financial & agricultural— — — 675 
Consumer and other— — — 66 
$5,128 $5,128 $77 $8,673