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Loans (Tables)
 3 Months Ended
Mar. 31, 2024
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, 2024 and December 31, 2023.
(dollars in thousands)March 31, 2024December 31, 2023
Construction, land & land development$234,000 $247,146 
Other commercial real estate971,205 974,375 
Total commercial real estate1,205,205 1,221,521 
Residential real estate347,277 356,234 
Commercial, financial & agricultural 239,837 242,756 
Consumer and other66,699 62,959 
Total Loans$1,859,018 $1,883,470 
The following table presents the composition of government guaranteed loans segregated by class of loans for each respective period.
(dollars in thousands)March 31, 2024December 31, 2023
Construction, land & land development$6,658 $7,027 
Other commercial real estate48,396 40,852 
Total commercial real estate55,054 47,879 
Residential real estate9,272 12,170 
Commercial, financial & agricultural 30,272 26,716 
Consumer and other— — 
Total Loans$94,598 $86,765 
Schedule of Loan Portfolio by Credit Quality Indicators
The following tables present 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, 2024 and December 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, 2024 or December 31, 2023.
Term Loans Amortized Cost Basis by Origination Year
(dollars in thousands)20242023202220212020PriorRevolversRevolvers converted to term loansTotal
March 31, 2024
Construction, land & land development
Risk rating
Pass$13,992 $97,191 $82,284 $28,121 $4,352 $6,398 $89 $31 $232,458 
Special Mention— 640 — 24 — 25 280 — 969 
Substandard— — 429 4 — 140 — — 573 
Total Construction, land & land development13,992 97,831 82,713 28,149 4,352 6,563 369 31 234,000 
  Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other commercial real estate
Risk rating
Pass6,359 76,903 336,599 197,131 84,422 214,138 21,999 2,154 939,705 
Special Mention303 76 3,458 484 2,094 10,267 554 344 17,580 
Substandard— 2,807 5,602 565 356 4,381 209 — 13,920 
Total Other commercial real estate6,662 79,786 345,659 198,180 86,872 228,786 22,762 2,498 971,205 
Current period gross write offs— — — — — 20 — — 20 
Residential real estate
Risk rating
Pass6,967 73,145 113,983 49,805 20,828 47,464 21,938 98 334,228 
Special Mention16 850 517 43 92 5,310 326 — 7,154 
Substandard— — 1,271 375 281 3,938 30 — 5,895 
Total Residential real estate6,983 73,995 115,771 50,223 21,201 56,712 22,294 98 347,277 
Current period gross write offs— — 70 — — — — — 70 
Commercial, financial & agricultural
Risk rating
Pass18,071 55,857 46,732 17,713 11,469 17,594 63,259 534 231,229 
Special Mention— 364 579 277 719 180 1,004 — 3,123 
Substandard— 264 2,038 1,840 202 191 910 40 5,485 
Total Commercial, financial & agricultural18,071 56,485 49,349 19,830 12,390 17,965 65,173 574 239,837 
Current period gross write offs— 52 428 178 — — — — 658 
Consumer and other
Risk rating
Pass21,880 36,278 3,392 1,706 987 1,619 460 11 66,333 
Special Mention— 171 38 33 10 21 — — 273 
Substandard11 34 18 15 4 11 — — 93 
Total Consumer and other21,891 36,483 3,448 1,754 1,001 1,651 460 11 66,699 
Current period gross write offs— 116 4 — — — — — 120 
Total Loans
Risk rating
Pass67,269 339,374 582,990 294,476 122,058 287,213 107,745 2,828 1,803,953 
Special Mention319 2,101 4,592 861 2,915 15,803 2,164 344 29,099 
Substandard11 3,105 9,358 2,799 843 8,661 1,149 40 25,966 
Total Loans$67,599 $344,580 $596,940 $298,136 $125,816 $311,677 $111,058 $3,212 $1,859,018 
Total current period gross write offs$— $168 $502 $178 $— $20 $— $— $868 
Term Loans Amortized Cost Basis by Origination Year
(dollars in thousands)20232022202120202019PriorRevolversRevolvers converted to term loansTotal
December 31, 2023
Construction, land & land development
Risk rating
Pass$112,587 $91,981 $27,332 $5,654 $1,000 $5,765 $605 $31 $244,955 
Special Mention792 — 25 — — 29 282 — 1,128 
Substandard— 888 4 — 20 151 — — 1,063 
Total Construction, land & land development113,379 92,869 27,361 5,654 1,020 5,945 887 31 247,146 
  Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other commercial real estate
Risk rating
Pass61,816 341,656 204,145 88,629 79,123 145,374 24,158 2,031 946,932 
Special Mention75 3,251 766 2,113 5,733 4,694 545 48 17,225 
Substandard2,303 2,615 211 — 486 4,395 208 — 10,218 
Total Other commercial real estate64,194 347,522 205,122 90,742 85,342 154,463 24,911 2,079 974,375 
Current period gross write offs— — 69 — — — — — 69 
Residential real estate
Risk rating
Pass78,088 116,704 50,986 21,892 8,510 43,038 22,642 100 341,960 
Special Mention856 466 10 50 679 4,687 424 — 7,172 
Substandard— 1,169 384 296 272 4,735 246 — 7,102 
Total Residential real estate78,944 118,339 51,380 22,238 9,461 52,460 23,312 100 356,234 
Current period gross write offs253 492 26 — — — — — 771 
Commercial, financial & agricultural
Risk rating
Pass66,820 51,439 21,673 12,489 4,734 14,002 58,607 306 230,070 
Special Mention4,186 894 376 745 188 40 974 — 7,403 
Substandard164 1,872 1,979 190 25 165 866 22 5,283 
Total Commercial, financial & agricultural71,170 54,205 24,028 13,424 4,947 14,207 60,447 328 242,756 
Current period gross write offs150 168 408 200 9 134 — — 1,069 
Consumer and other
Risk rating
Pass53,117 4,021 2,004 1,240 925 908 462 1 62,678 
Special Mention79 42 38 12 25 1 — — 197 
Substandard43 20 3 5 4 9 — — 84 
Total Consumer and other53,239 4,083 2,045 1,257 954 918 462 1 62,959 
Current period gross write offs9 12 10 2 — 2 — — 35 
Total Loans
Risk rating
Pass372,428 605,801 306,140 129,904 94,292 209,087 106,474 2,469 1,826,595 
Special Mention5,988 4,653 1,215 2,920 6,625 9,451 2,225 48 33,125 
Substandard2,510 6,564 2,581 491 807 9,455 1,320 22 23,750 
Total Loans$380,926 $617,018 $309,936 $133,315 $101,724 $227,993 $110,019 $2,539 $1,883,470 
Total current period gross write offs$412 $672 $513 $202 $9 $136 $— $— $1,944 
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, 2024 and December 31, 2023:
(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, 2024
Construction, land & land development$71 $— $71 $56 $233,873 $234,000 
Other commercial real estate2,641 — 2,641 2,005 966,559 971,205 
Total commercial real estate2,712 — 2,712 2,061 1,200,432 1,205,205 
Residential real estate2,310 — 2,310 2,148 342,819 347,277 
Commercial, financial & agricultural578 — 578 2,190 237,069 239,837 
Consumer and other129 — 129 32 66,538 66,699 
Total Loans$5,729 $— $5,729 $6,431 $1,846,858 $1,859,018 
December 31, 2023
Construction, land & land development$812 $— $812 $85 $246,249 $247,146 
Other commercial real estate1,796 — 1,796 4,219 968,360 974,375 
Total commercial real estate2,608 — 2,608 4,304 1,214,609 1,221,521 
Residential real estate2,503 350 2,853 3,561 349,820 356,234 
Commercial, financial & agricultural775 — 775 1,956 240,025 242,756 
Consumer and other183 20 203 18 62,738 62,959 
Total Loans$6,069 $370 $6,439 $9,839 $1,867,192 $1,883,470 
Summary of Nonaccrual Loans
The following tables display a summary of the Company's nonaccrual loans by major categories for the periods indicated.
March 31, 2024
(dollars in thousands)Nonaccrual Loans with No Related ACLNonaccrual Loans with a Related ACLTotal Nonaccrual Loans
Construction, land & land development$— $56 $56 
Other commercial real estate29 1,976 2,005 
Total commercial real estate29 2,032 2,061 
Residential real estate— 2,148 2,148 
Commercial, financial & agricultural— 2,190 2,190 
Consumer and other— 32 32 
Total Loans$29 $6,402 $6,431 
December 31, 2023
(dollars in thousands)Nonaccrual Loans with No Related ACLNonaccrual Loans with a Related ACLTotal Nonaccrual Loans
Construction, land & land development$27 $58 $85 
Other commercial real estate2,806 1,413 4,219 
Total commercial real estate2,833 1,471 4,304 
Residential real estate725 2,836 3,561 
Commercial, financial & agricultural— 1,956 1,956 
Consumer and other— 18 18 
Total Loans$3,558 $6,281 $9,839 
Summary of Loans Modified Due to Financial Difficulty
The following table presents loans modified due to a financial difficulty under the above terms during the three months ended March 31, 2024.
Loans modified due to financial difficulty
(dollars in thousands)Term ExtensionTerm Extension and Payment DelayTotal*
Commercial real estate$131 $144 $275 
Commercial, financial & agricultural— 42 42 
Total Loans$131 $186 $317 
*less than .05% of total class of receivable