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Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Summary of Allowance for Credit Losses The following tables present the balance sheet activity in the ACL by portfolio segment for loans for the three and six month periods ended June 30, 2023 and June 30, 2022 .
CECL
(dollars in thousands)Balance March 31, 2023Charge-OffsRecoveries Provision for credit losses on loansBalance, June 30, 2023
Three Months Ended June 30, 2023
Construction, land & land development$2,342 $— $5 $(66)$2,281 
Other commercial real estate8,122 — 11 600 8,733 
   Total commercial real estate10,464 — 16 534 11,014 
Residential real estate4,112 — 26 (1,496)2,642 
Commercial, financial & agricultural1,657 (170)160 1,337 2,984 
Consumer and other366 — 5 55 426 
     Total allowance for credit losses on loans$16,599 $(170)$207 $430 $17,066 
(dollars in thousands)Balance December 31, 2022Adoption of ASU 2016-13Charge-OffsRecoveries Provision for credit losses on loansBalance, June 30, 2023
Six Months Ended June 30, 2023
Construction, land & land development$1,959 $148 $— $8 $166 2,281 
Other commercial real estate8,886 (630)— 25 452 8,733 
   Total commercial real estate10,845 (482)— 33 618 11,014 
Residential real estate2,354 1,053 — 37 (802)2,642 
Commercial, financial & agricultural2,709 (690)(443)167 1,241 2,984 
Consumer and other220 66 (3)9 134 426 
     Total allowance for credit losses on loans$16,128 $(53)$(446)$246 $1,191 $17,066 

Incurred Loss
(dollars in thousands)Balance March 31, 2022Charge-OffsRecoveriesProvisionBalance, June 30, 2022
Three Months Ended June 30, 2022
Construction, land & land development$1,339 $— $5 $(292)$1,052 
Other commercial real estate7,355 — 67 606 8,028 
   Total commercial real estate8,694 — 72 314 9,080 
Residential real estate1,811 (30)18 (311)1,488 
Commercial, financial & agricultural2,087 (132)12 (289)1,678 
Consumer and other327 (5)9 1,386 1,717 
     Total allowance for loan losses$12,919 $(167)$111 $1,100 $13,963 
(dollars in thousands)Balance December 31, 2021Charge-OffsRecoveriesProvisionBalance, June 30, 2022
Six Months Ended June 30, 2022
Construction, land & land development$1,127 $— $11 $(86)$1,052 
Other commercial real estate7,691 (58)74 321 8,028 
   Total commercial real estate8,818 (58)85 235 9,080 
Residential real estate1,805 (48)22 (291)1,488 
Commercial, financial & agricultural1,083 (148)56 687 1,678 
Consumer and other1,204 (21)15 519 1,717 
     Total allowance for loan losses$12,910 $(275)$178 $1,150 $13,963 
The following table represents the recorded investment in loans by portfolio segment and the balance of the allowance assigned to each segment based on the incurred loss methodology of evaluating the loans for impairment as of December 31, 2022.
(dollars in thousands)Construction, land & land developmentOther commercial real estateResidential real estateCommercial, financial & agriculturalConsumer and otherTotal
Year ended December 31, 2022
Period end amount allocated to
Individually evaluated for impairment$44 $— $— $— $— $44 
Collectively evaluated for impairment1,915 8,853 2,354 2,709 220 16,051 
Purchase credit impaired— 33 — — — 33 
Ending Balance$1,959 $8,886 $2,354 $2,709 $220 $16,128 
Loans
Individually evaluated for impairment$514 $3,754 $62 $— $— $4,330 
Collectively evaluated for impairment228,921 970,895 289,992 223,923 18,247 1,731,978 
Purchase credit impaired— 798 — — — 798 
Ending Balance$229,435 $975,447 $290,054 $223,923 $18,247 $1,737,106 
The following table presents the balance and activity in the allowance for credit losses for unfunded commitments for the three and six months ended June 30, 2023.
(dollars in thousands)Total Allowance for Credit Losses-Unfunded Commitments
Three Months Ended
Balance, March 31, 2023$1,800 
Change in unfunded commitments(230)
Balance, June 30, 2023$1,570 
Six Months Ended
Balance, December 31, 2022$— 
Adjustment to allowance for unfunded commitments for adoption of ASU 2016-131,661 
Change in unfunded commitments(91)
Balance, June 30, 2023$1,570