Loans

6 Months Ended

Jun. 30, 2023

Receivables [Abstract]

Loans

Loans

(In Thousands, Except Number of Loans)

For purposes of this Note 3, all references to “loans” mean loans excluding loans held for sale.

The following is a summary of loans and leases as of the dates presented:

	June 30, 2023		December 31, 2022
Commercial, financial, agricultural	$	1,729,070	$	1,673,883
Lease financing	129,998		122,167
Real estate – construction:
Residential	308,401		355,500
Commercial	1,060,618		974,837
Total real estate – construction	1,369,019		1,330,337
Real estate – 1-4 family mortgage:
Primary	2,372,739		2,222,856
Home equity	502,341		501,906
Rental/investment	335,509		334,382
Land development	138,065		157,119
Total real estate – 1-4 family mortgage	3,348,654		3,216,263
Real estate – commercial mortgage:
Owner-occupied	1,553,890		1,539,296
Non-owner occupied	3,585,160		3,452,910
Land development	113,429		125,857
Total real estate – commercial mortgage	5,252,479		5,118,063
Installment loans to individuals	108,924		124,745
Gross loans	11,938,144		11,585,458
Unearned income	(7,628)		(7,154)
Loans, net of unearned income	$	11,930,516	$	11,578,304

Past Due and Nonaccrual Loans

Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Generally, the recognition of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Consumer and other retail loans are typically charged-off no later than the time the loan is 120 days past due. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Loans may be placed on nonaccrual status regardless of whether or not such loans are considered past due. For loans that are placed on nonaccrual status or charged-off, all interest accrued for the current year but not collected is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.

The following tables provide an aging of past due accruing and nonaccruing loans, segregated by class, as of the dates presented:

	Accruing Loans								Nonaccruing Loans
	30-89 Days Past Due		90 Days or More Past Due		Current Loans		Total Loans		30-89 Days Past Due		90 Days or More Past Due		Current Loans		Total Loans		Total Loans
June 30, 2023
Commercial, financial, agricultural	$	238	$	228	$	1,721,134	$	1,721,600	$	14	$	1,904	$	5,552	$	7,470	$	1,729,070
Lease financing	—		—		129,998		129,998		—		—		—		—		129,998
Real estate – construction:
Residential	—		—		308,401		308,401		—		—		—		—		308,401
Commercial	—		—		1,060,618		1,060,618		—		—		—		—		1,060,618
Total real estate – construction	—		—		1,369,019		1,369,019		—		—		—		—		1,369,019
Real estate – 1-4 family mortgage:
Primary	6,127		—		2,330,145		2,336,272		4,350		17,260		14,857		36,467		2,372,739
Home equity	2,340		—		497,702		500,042		296		835		1,168		2,299		502,341
Rental/investment	146		1		332,277		332,424		319		2,236		530		3,085		335,509
Land development	64		—		137,982		138,046		—		3		16		19		138,065
Total real estate – 1-4 family mortgage	8,677		1		3,298,106		3,306,784		4,965		20,334		16,571		41,870		3,348,654
Real estate – commercial mortgage:
Owner-occupied	1,110		20,999		1,528,758		1,550,867		—		1,639		1,384		3,023		1,553,890
Non-owner occupied	741		15,092		3,566,577		3,582,410		—		—		2,750		2,750		3,585,160
Land development	414		—		112,961		113,375		7		—		47		54		113,429
Total real estate – commercial mortgage	2,265		36,091		5,208,296		5,246,652		7		1,639		4,181		5,827		5,252,479
Installment loans to individuals	966		1		107,685		108,652		25		123		124		272		108,924
Unearned income	—		—		(7,628)		(7,628)		—		—		—		—		(7,628)
Loans, net of unearned income	$	12,146	$	36,321	$	11,826,610	$	11,875,077	$	5,011	$	24,000	$	26,428	$	55,439	$	11,930,516

	Accruing Loans								Nonaccruing Loans
	30-89 Days Past Due		90 Days or More Past Due		Current Loans		Total Loans		30-89 Days Past Due		90 Days or More Past Due		Current Loans		Total Loans		Total Loans
December 31, 2022
Commercial, financial, agricultural	$	1,303	$	69	$	1,660,037	$	1,661,409	$	18	$	2,373	$	10,083	$	12,474	$	1,673,883
Lease financing	—		—		122,167		122,167		—		—		—		—		122,167
Real estate – construction:
Residential	49		—		355,374		355,423		—		—		77		77		355,500
Commercial	8,525		—		966,312		974,837		—		—		—		—		974,837
Total real estate – construction	8,574		—		1,321,686		1,330,260		—		—		77		77		1,330,337
Real estate – 1-4 family mortgage:
Primary	28,198		—		2,164,582		2,192,780		6,015		12,503		11,558		30,076		2,222,856
Home equity	5,376		—		494,621		499,997		450		754		705		1,909		501,906
Rental/investment	720		38		332,648		333,406		20		331		625		976		334,382
Land development	174		—		156,863		157,037		46		36		—		82		157,119
Total real estate – 1-4 family mortgage	34,468		38		3,148,714		3,183,220		6,531		13,624		12,888		33,043		3,216,263
Real estate – commercial mortgage:
Owner-occupied	8,557		219		1,525,240		1,534,016		1,495		2,244		1,541		5,280		1,539,296
Non-owner occupied	3,521		—		3,444,047		3,447,568		5,304		—		38		5,342		3,452,910
Land development	279		—		125,507		125,786		—		40		31		71		125,857
Total real estate – commercial mortgage	12,357		219		5,094,794		5,107,370		6,799		2,284		1,610		10,693		5,118,063
Installment loans to individuals	2,001		5		122,481		124,487		38		100		120		258		124,745
Unearned income	—		—		(7,154)		(7,154)		—		—		—		—		(7,154)
Loans, net of unearned income	$	58,703	$	331	$	11,462,725	$	11,521,759	$	13,386	$	18,381	$	24,778	$	56,545	$	11,578,304

Certain Modifications to Borrowers Experiencing Financial Difficulty

Certain modifications of loans made to borrowers experiencing financial difficulty in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension, excluding covenant waivers and modification of contingent acceleration clauses, are required to be disclosed in accordance with Accounting Standards Update 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”). At June 30, 2023, these loan modifications were performing in accordance with their modified terms and unused commitments totaled $1,600. Upon the Company’s determination that a modified loan has been subsequently deemed uncollectible, the loan, or portion of the loan, is charged off, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted accordingly. See Note 4, “Allowance for Credit Losses,” for more information on the allowance for credit losses.

The following table presents the amortized cost basis of loans that were both experiencing financial difficulty and modified during the three months and six months ended June 30, 2023, by class and by type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of loans is also presented below.

	Three Months Ended										Six Months Ended
	Interest Rate Reduction		Term Extension		Payment Delay		Total		% Total Loans by Class		Interest Rate Reduction		Term Extension		Payment Delay		Total		% Total Loans by Class
Commercial, financial, agricultural	$	—	$	1,210	$	—	$	1,210	0.07	%	$	—	$	1,210	$	—	$	1,210	0.07	%
Real estate – construction:
Residential	—		4,366		—		4,366		1.42		—		4,366		—		4,366		1.42
Total real estate – construction	—		4,366		—		4,366		0.32		—		4,366		—		4,366		0.32
Real estate – 1-4 family mortgage:
Home equity	9		—		—		9		—		9		—		—		9		—
Total real estate – 1-4 family mortgage	9		—		—		9		—		9		—		—		9		—
Real estate – commercial mortgage:
Owner-occupied	—		—		—		—		—		155		—		—		155		0.01
Non-owner occupied	—		—		—		—		—		1,026		—		—		1,026		0.03
Land development	—		97		277		374		0.33		—		97		277		374		0.33
Total real estate – commercial mortgage	—		97		277		374		0.01		1,181		97		277		1,555		0.03
Loans, net of unearned income	$	9	$	5,673	$	277	$	5,959	0.05	%	$	1,190	$	5,673	$	277	$	7,140	0.06	%

The following table presents the weighted average financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three and six months ended June 30, 2023.

	Three Months Ended			Six Months Ended
	Interest Rate Reduction (in basis points)	Term Extension (in months)	Payment Delay (in months)	Interest Rate Reduction (in basis points)	Term Extension (in months)	Payment Delay (in months)
Commercial, financial, agricultural	—	2.1	—	—	2.1	—
Real estate – construction:
Residential	—	4.7	—	—	4.7	—
Real estate – 1-4 family mortgage:
Home equity	300	—	—	300	—	—
Real estate – commercial mortgage:
Owner-occupied	—	—	—	68	—	—
Non-owner occupied	—	—	—	12	—	—
Land development	—	8.4	3.0	—	8.4	3.0
Loans, net of unearned income	300	4.2	3.0	21	4.2	3.0

Credit Quality

For loans with a commercial purpose, internal risk-rating grades are assigned by lending, credit administration and loan review personnel, based on an analysis of the financial and collateral strength and other credit attributes underlying each loan.

Management analyzes the resulting ratings, as well as other external statistics and factors such as delinquency, to track the migration performance of the portfolio balances of commercial and commercial real estate secured loans. Loan grades range between 10 and 95, with 10 being loans with the least credit risk. Loans within the “Pass” grade (those with a risk rating between 10 and 60) generally have a lower risk of loss and therefore a lower risk factor applied to the loan balances. The “Special Mention” grade (those with a risk rating of 70) represents a loan where a significant adverse risk-modifying action is anticipated in the near term and, if left uncorrected, could result in deterioration of the credit quality of the loan. Loans that migrate toward the “Substandard” grade (those with a risk rating between 80 and 95) generally have a higher risk of loss and therefore a higher risk factor applied to those related loan balances.

The following tables present the Company’s loan portfolio by year of origination and internal risk-rating grades as of the dates presented:

	Term Loans Amortized Cost Basis by Origination Year
	2023		2022		2021		2020		2019		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
June 30, 2023
Commercial, Financial, Agricultural	$	160,357	$	337,339	$	181,509	$	115,728	$	57,124	$	48,682	$	807,867	$	8,310	$	1,716,916
Pass	159,095		330,341		180,712		114,617		56,481		38,893		792,703		8,071		1,680,913
Special Mention	108		255		84		882		122		1,360		3,437		73		6,321
Substandard	1,154		6,743		713		229		521		8,429		11,727		166		29,682
Lease Financing Receivables	$	23,672	$	54,488	$	15,192	$	16,291	$	8,155	$	4,572	$	—	$	—	$	122,370
Pass	23,672		51,207		14,852		14,069		7,209		3,461		—		—		114,470
Special Mention	—		2,903		—		2,148		880		1,111		—		—		7,042
Substandard	—		378		340		74		66		—		—		—		858
Real Estate - Construction	$	185,727	$	550,565	$	401,648	$	90,582	$	—	$	1,881	$	20,208	$	—	$	1,250,611
Residential	115,937		65,608		4,667		—		—		375		3,406		—		189,993
Pass	115,701		60,205		4,667		—		—		375		3,406		—		184,354
Special Mention	—		1,273		—		—		—		—		—		—		1,273
Substandard	236		4,130		—		—		—		—		—		—		4,366
Commercial	69,790		484,957		396,981		90,582		—		1,506		16,802		—		1,060,618
Pass	69,790		484,957		396,835		90,582		—		1,506		16,802		—		1,060,472
Special Mention	—		—		146		—		—		—		—		—		146
Substandard	—		—		—		—		—		—		—		—		—
Real Estate - 1-4 Family Mortgage	$	59,631	$	198,349	$	119,937	$	46,460	$	21,573	$	45,521	$	26,542	$	1,978	$	519,991
Primary	4,982		10,317		6,702		4,437		2,030		10,265		1,684		972		41,389
Pass	4,797		10,093		6,484		4,437		2,017		9,788		1,684		972		40,272
Special Mention	185		—		—		—		—		41		—		—		226
Substandard	—		224		218		—		13		436		—		—		891
Home Equity	1,258		188		1,066		—		36		26		16,086		102		18,762
Pass	1,258		188		1,024		—		36		3		16,038		—		18,547
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		42		—		—		23		48		102		215
Rental/Investment	32,640		130,610		77,454		41,538		19,341		26,730		6,169		904		335,386
Pass	32,183		129,979		76,118		39,050		17,653		24,885		6,169		688		326,725
Special Mention	49		244		64		6		53		210		—		—		626
Substandard	408		387		1,272		2,482		1,635		1,635		—		216		8,035
Land Development	20,751		57,234		34,715		485		166		8,500		2,603		—		124,454
Pass	20,711		57,184		34,715		466		166		8,356		2,603		—		124,201
Special Mention	—		50		—		—		—		101		—		—		151
Substandard	40		—		—		19		—		43		—		—		102

	Term Loans Amortized Cost Basis by Origination Year
	2023		2022		2021		2020		2019		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
Real Estate - Commercial Mortgage	$	299,282	$	1,632,288	$	1,081,857	$	703,409	$	451,560	$	920,297	$	125,452	$	24,729	$	5,238,874
Owner-Occupied	88,498		324,773		327,055		225,311		166,529		362,717		55,483		3,395		1,553,761
Pass	87,853		313,918		323,360		221,598		162,782		340,878		46,343		3,110		1,499,842
Special Mention	322		—		2,281		1,115		405		679		19		—		4,821
Substandard	323		10,855		1,414		2,598		3,342		21,160		9,121		285		49,098
Non-Owner Occupied	201,254		1,258,819		739,030		472,819		279,605		548,488		63,974		21,145		3,585,134
Pass	201,225		1,255,224		736,016		472,819		256,063		466,144		63,974		11,960		3,463,425
Special Mention	29		463		2,633		—		7,007		25,645		—		—		35,777
Substandard	—		3,132		381		—		16,535		56,699		—		9,185		85,932
Land Development	9,530		48,696		15,772		5,279		5,426		9,092		5,995		189		99,979
Pass	9,495		48,194		15,452		4,836		5,404		8,635		5,938		189		98,143
Special Mention	—		193		38		—		—		—		—		—		231
Substandard	35		309		282		443		22		457		57		—		1,605
Installment loans to individuals	$	—	$	—	$	—	$	—	$	13	$	—	$	—	$	—	$	13
Pass	—		—		—		—		13		—		—		—		13
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Total loans subject to risk rating	$	728,669	$	2,773,029	$	1,800,143	$	972,470	$	538,425	$	1,020,953	$	980,069	$	35,017	$	8,848,775
Pass	725,780		2,741,490		1,790,235		962,474		507,824		902,924		955,660		24,990		8,611,377
Special Mention	693		5,381		5,246		4,151		8,467		29,147		3,456		73		56,614
Substandard	2,196		26,158		4,662		5,845		22,134		88,882		20,953		9,954		180,784

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
December 31, 2022
Commercial, Financial, Agricultural	$	460,604	$	209,964	$	142,790	$	63,164	$	25,099	$	35,142	$	717,422	$	3,522	$	1,657,707
Pass	450,559		209,580		141,712		62,370		21,963		28,014		704,491		2,384		1,621,073
Special Mention	719		—		1,010		383		678		—		11,616		80		14,486
Substandard	9,326		384		68		411		2,458		7,128		1,315		1,058		22,148
Lease Financing Receivables	$	61,424	$	18,379	$	18,318	$	10,628	$	4,557	$	1,707	$	—	$	—	$	115,013
Pass	58,204		18,379		15,846		9,060		3,269		1,353		—		—		106,111
Watch	—		—		—		—		—		354		—		—		354
Substandard	3,220		—		2,472		1,568		1,288		—		—		—		8,548
Real Estate - Construction	$	595,185	$	476,190	$	109,705	$	8,525	$	381	$	6,858	$	13,757	$	424	$	1,211,025
Residential	214,386		16,483		589		—		381		—		3,925		424		236,188
Pass	214,371		16,483		589		—		381		—		3,925		424		236,173
Special Mention	6		—		—		—		—		—		—		—		6
Substandard	9		—		—		—		—		—		—		—		9
Commercial	380,799		459,707		109,116		8,525		—		6,858		9,832		—		974,837
Pass	380,799		459,707		109,116		8,525		—		6,858		9,832		—		974,837
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
Real Estate - 1-4 Family Mortgage	$	233,370	$	141,066	$	48,653	$	24,664	$	25,604	$	35,971	$	26,920	$	1,238	$	537,486
Primary	12,877		7,965		5,068		2,435		4,522		8,723		4,931		106		46,627
Pass	12,616		7,965		5,068		2,421		4,522		8,419		4,931		106		46,048
Special Mention	—		—		—		—		—		51		—		—		51
Substandard	261		—		—		14		—		253		—		—		528
Home Equity	272		1,187		—		38		5		27		14,485		141		16,155
Pass	272		1,187		—		38		5		27		14,485		7		16,021
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		134		134
Rental/Investment	138,481		85,711		42,056		21,997		14,785		24,448		5,972		787		334,237
Pass	138,137		85,522		41,604		21,097		14,671		22,899		5,972		482		330,384
Special Mention	231		—		—		—		—		174		—		—		405
Substandard	113		189		452		900		114		1,375		—		305		3,448
Land Development	81,740		46,203		1,529		194		6,292		2,773		1,532		204		140,467
Pass	80,514		46,203		1,525		194		6,292		2,723		1,532		204		139,187
Special Mention	1,226		—		—		—		—		—		—		—		1,226
Substandard	—		—		4		—		—		50		—		—		54
Real Estate - Commercial Mortgage	$	1,624,197	$	1,000,563	$	713,303	$	531,424	$	277,862	$	810,919	$	121,305	$	25,173	$	5,104,746
Owner-Occupied	309,792		319,174		239,946		178,137		128,452		302,495		57,869		3,300		1,539,165
Pass	298,851		314,429		237,058		175,262		122,537		282,657		50,640		3,300		1,484,734
Special Mention	9,640		3,047		815		1,670		—		672		4,808		—		20,652
Substandard	1,301		1,698		2,073		1,205		5,915		19,166		2,421		—		33,779
Non-Owner Occupied	1,256,098		657,121		466,703		346,908		144,872		501,863		57,637		21,680		3,452,882
Pass	1,252,484		647,937		466,703		322,997		127,358		418,294		57,637		12,142		3,305,552
Special Mention	506		—		—		21,961		17,509		8,975		—		—		48,951
Substandard	3,108		9,184		—		1,950		5		74,594		—		9,538		98,379
Land Development	58,307		24,268		6,654		6,379		4,538		6,561		5,799		193		112,699
Pass	58,307		24,228		6,342		6,379		4,465		6,067		5,799		193		111,780
Special Mention	—		40		—		—		—		—		—		—		40
Substandard	—		—		312		—		73		494		—		—		879
Installment loans to individuals	$	—	$	—	$	—	$	24	$	—	$	—	$	—	$	—	$	24
Pass	—		—		—		24		—		—		—		—		24
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Total loans subject to risk rating	$	2,974,780	$	1,846,162	$	1,032,769	$	638,429	$	333,503	$	890,597	$	879,404	$	30,357	$	8,626,001
Pass	2,945,114		1,831,620		1,025,563		608,367		305,463		777,311		859,244		19,242		8,371,924
Special Mention	12,328		3,087		1,825		24,014		18,187		10,226		16,424		80		86,171
Substandard	17,338		11,455		5,381		6,048		9,853		103,060		3,736		11,035		167,906

The following tables present the performing status of the Company’s loan portfolio not subject to risk rating as of the dates presented:

	Term Loans Amortized Cost Basis by Origination Year
	2023		2022		2021		2020		2019		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
June 30, 2023
Commercial, Financial, Agricultural	$	—	$	13	$	—	$	—	$	—	$	12,141	$	—	$	—	$	12,154
Performing Loans	—		13		—		—		—		12,141		—		—		12,154
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - Construction	$	13,699	$	71,472	$	33,228	$	—	$	—	$	—	$	9	$	—	$	118,408
Residential	13,699		71,472		33,228		—		—		—		9		—		118,408
Performing Loans	13,699		71,472		33,228		—		—		—		9		—		118,408
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Commercial	—		—		—		—		—		—		—		—		—
Performing Loans	—		—		—		—		—		—		—		—		—
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - 1-4 Family Mortgage	$	212,571	$	715,606	$	548,966	$	331,405	$	145,876	$	391,344	$	477,190	$	5,705	$	2,828,663
Primary	209,042		710,207		546,177		330,520		145,348		390,002		—		54		2,331,350
Performing Loans	208,984		706,836		542,180		323,546		140,598		372,881		—		54		2,295,079
Non-Performing Loans	58		3,371		3,997		6,974		4,750		17,121		—		—		36,271
Home Equity	—		—		111		—		—		627		477,190		5,651		483,579
Performing Loans	—		—		111		—		—		562		475,953		4,653		481,279
Non-Performing Loans	—		—		—		—		—		65		1,237		998		2,300
Rental/Investment	—		—		—		—		—		123		—		—		123
Performing Loans	—		—		—		—		—		123		—		—		123
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Land Development	3,529		5,399		2,678		885		528		592		—		—		13,611
Performing Loans	3,529		5,399		2,678		885		528		592		—		—		13,611
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - Commercial Mortgage	$	2,816	$	3,768	$	3,223	$	2,203	$	1,046	$	549	$	—	$	—	$	13,605
Owner-Occupied	—		—		—		129		—		—		—		—		129
Performing Loans	—		—		—		129		—		—		—		—		129
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Non-Owner Occupied	—		—		—		26		—		—		—		—		26
Performing Loans	—		—		—		26		—		—		—		—		26
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Land Development	2,816		3,768		3,223		2,048		1,046		549		—		—		13,450
Performing Loans	2,816		3,725		3,223		2,044		1,046		549		—		—		13,403
Non-Performing Loans	—		43		—		4		—		—		—		—		47
Installment loans to individuals	$	21,153	$	25,881	$	10,415	$	4,340	$	11,782	$	21,476	$	13,843	$	21	$	108,911
Performing Loans	21,153		25,779		10,413		4,309		11,745		21,382		13,843		15		108,639
Non-Performing Loans	—		102		2		31		37		94		—		6		272
Total loans not subject to risk rating	$	250,239	$	816,740	$	595,832	$	337,948	$	158,704	$	425,510	$	491,042	$	5,726	$	3,081,741
Performing Loans	250,181		813,224		591,833		330,939		153,917		408,230		489,805		4,722		3,042,851
Non-Performing Loans	58		3,516		3,999		7,009		4,787		17,280		1,237		1,004		38,890

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
December 31, 2022
Commercial, Financial, Agricultural	$	13	$	—	$	—	$	—	$	—	$	16,163	$	—	$	—	$	16,176
Performing Loans	13		—		—		—		—		16,163		—		—		16,176
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Lease Financing Receivables	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Performing Loans	—		—		—		—		—		—		—		—		—
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - Construction	$	57,570	$	61,245	$	497	$	—	$	—	$	—	$	—	$	—	$	119,312
Residential	57,570		61,245		497		—		—		—		—		—		119,312
Performing Loans	57,493		61,245		497		—		—		—		—		—		119,235
Non-Performing Loans	77		—		—		—		—		—		—		—		77
Commercial	—		—		—		—		—		—		—		—		—
Performing Loans	—		—		—		—		—		—		—		—		—
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - 1-4 Family Mortgage	$	704,214	$	546,256	$	351,213	$	155,549	$	116,951	$	319,567	$	481,254	$	3,773	$	2,678,777
Primary	694,941		541,801		350,205		154,979		115,876		318,364		—		63		2,176,229
Performing Loans	694,221		538,870		345,912		150,821		109,156		307,178		—		63		2,146,221
Non-Performing Loans	720		2,931		4,293		4,158		6,720		11,186		—		—		30,008
Home Equity	—		111		—		—		—		676		481,254		3,710		485,751
Performing Loans	—		111		—		—		—		609		480,094		3,026		483,840
Non-Performing Loans	—		—		—		—		—		67		1,160		684		1,911
Rental/Investment	—		—		—		—		—		145		—		—		145
Performing Loans	—		—		—		—		—		145		—		—		145
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Land Development	9,273		4,344		1,008		570		1,075		382		—		—		16,652
Performing Loans	9,257		4,344		1,008		570		1,075		319		—		—		16,573
Non-Performing Loans	16		—		—		—		—		63		—		—		79
Real Estate - Commercial Mortgage	$	4,805	$	3,518	$	2,587	$	1,281	$	691	$	435	$	—	$	—	$	13,317
Owner-Occupied	—		—		131		—		—		—		—		—		131
Performing Loans	—		—		131		—		—		—		—		—		131
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Non-Owner Occupied	—		—		28		—		—		—		—		—		28
Performing Loans	—		—		28		—		—		—		—		—		28
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Land Development	4,805		3,518		2,428		1,281		691		435		—		—		13,158
Performing Loans	4,805		3,518		2,422		1,281		691		435		—		—		13,152
Non-Performing Loans	—		—		6		—		—		—		—		—		6
Installment loans to individuals	$	44,255	$	15,976	$	6,416	$	14,252	$	17,095	$	10,626	$	16,062	$	39	$	124,721
Performing Loans	44,227		15,927		6,389		14,211		17,076		10,532		16,062		35		124,459
Non-Performing Loans	28		49		27		41		19		94		—		4		262
Total loans not subject to risk rating	$	810,857	$	626,995	$	360,713	$	171,082	$	134,737	$	346,791	$	497,316	$	3,812	$	2,952,303
Performing Loans	810,016		624,015		356,387		166,883		127,998		335,381		496,156		3,124		2,919,960
Non-Performing Loans	841		2,980		4,326		4,199		6,739		11,410		1,160		688		32,343

The following table discloses gross charge-offs by year of origination for the six months ended June 30:

	2023		2022		2021		2020		2019		Prior		Revolving Loans		Total Charge-offs
Commercial, financial, agricultural	$	17	$	403	$	118	$	120	$	—	$	3,945	$	865	$	5,468
Real estate – construction:
Residential	—		57		—		—		—		—		—		57
Real estate – 1-4 family mortgage:
Primary	—		—		—		—		—		57		—		57
Home equity	—		—		—		—		25		82		—		107
Rental/investment	—		51		—		—		—		—		—		51
Total real estate – 1-4 family mortgage	—		51		—		—		25		139		—		215
Real estate – commercial mortgage:
Owner-occupied	—		—		—		—		—		525		—		525
Non-owner occupied	—		—		—		2,442		—		2,545		—		4,987
Total real estate – commercial mortgage	—		—		—		2,442		—		3,070		—		5,512
Installment loans to individuals	3		37		38		5		2		1,305		—		1,390
Loans, net of unearned income	$	20	$	548	$	156	$	2,567	$	27	$	8,459	$	865	$	12,642