The following presents the Company’s financial instruments whose contract amounts represent credit risk, as of the dates noted: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | (dollars in thousands) | Fixed Rate | | Variable Rate | | Fixed Rate | | Variable Rate | | Unused lines of credit | $ | 48,967 | | | $ | 482,364 | | | $ | 68,427 | | | $ | 453,520 | | | Standby letters of credit | 12,274 | | | 11,446 | | | 13,864 | | | 8,000 | | | Commitments to make loans to sell | 33,635 | | | — | | | 19,769 | | | — | | | Commitments to make loans | 6,908 | | | 48,962 | | | 4,029 | | | 15,563 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (dollars in thousands) | | 2025 | | 2024 | | 2025 | | 2024 | | Beginning balance | | $ | 560 | | | $ | 1,551 | | | $ | 672 | | | $ | 2,178 | | | | | | | | | | | | Provision for (release of) credit losses | | 78 | | | (346) | | | (34) | | | (973) | | | Ending balance | | $ | 638 | | | $ | 1,205 | | | $ | 638 | | | $ | 1,205 | |
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