XML 44 R33.htm IDEA: XBRL DOCUMENT v3.24.2.u1
OFF-BALANCE SHEET COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Off-Balance Sheet Risks
The Corporation's maximum obligation to extend credit for loan commitments (unfunded loans and unused lines of credit) and standby letters of credit outstanding as of June 30, 2024 and December 31, 2023 were as follows:
 June 30, 2024December 31, 2023
 Fixed RateVariable RateFixed RateVariable Rate
Commitments to extended credit$109,587 $342,398 $111,526 $370,437 
Unused lines of credit22,707 828,504 11,219 789,534 
Standby letters of credit19,969 2,524 18,649 2,480 
Schedule of Allowance For Credit Losses
The following table presents activity in the allowance for credit losses on unfunded loan commitments for the three and six months ended June 30, 2024 and 2023, respectively:
Three Months EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Beginning balance$735 $662 $759 $603 
Provision for credit losses on unfunded loan commitments (1)
87 56 63 115 
Ending balance$822 $718 $822 $718 
(1) Excludes provision for credit losses related to the loan portfolio.