v3.25.2
Loans
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Loans Loans
(In Thousands, Except Number of Loans)

For purposes of this Note 4, 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,
2025		December 31, 2024
Commercial, financial, agricultural$2,666,923 $1,885,817 
Lease financing94,559 95,071 
Real estate – construction:
Residential380,040 256,655 
Commercial959,927 836,998 
Total real estate – construction1,339,967 1,093,653 
Real estate – 1-4 family mortgage:
Primary3,082,720 2,428,076 
Home equity722,389 544,158 
Rental/investment843,334 402,938 
Land development226,236 113,705 
Total real estate – 1-4 family mortgage4,874,679 3,488,877 
Real estate – commercial mortgage:
Owner-occupied3,288,006 1,894,679 
Non-owner occupied5,953,136 4,226,937 
Land development228,992 114,452 
Total real estate – commercial mortgage9,470,134 6,236,068 
Installment loans to individuals122,176 90,014 
Gross loans18,568,438 12,889,500 
Unearned income(4,991)(4,480)
Loans, net of unearned income$18,563,447 $12,885,020 


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 LoansNonaccruing 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, 2025
Commercial, financial, agricultural$4,912 $981 $2,651,386 $2,657,279 $4,282 $3,801 $1,561 $9,644 $2,666,923 
Lease financing— — 92,884 92,884 1,102 492 81 1,675 94,559 
Real estate – construction:
Residential1,216 — 376,257 377,473 — 241 2,326 2,567 380,040 
Commercial— — 957,759 957,759 — — 2,168 2,168 959,927 
Total real estate – construction1,216 — 1,334,016 1,335,232 — 241 4,494 4,735 1,339,967 
Real estate – 1-4 family mortgage:
Primary22,546 305 3,021,659 3,044,510 3,352 24,956 9,902 38,210 3,082,720 
Home equity4,031 203 714,747 718,981 473 2,281 654 3,408 722,389 
Rental/investment1,936 — 838,938 840,874 — 1,313 1,147 2,460 843,334 
Land development— — 226,159 226,159 6 71 — 77 226,236 
Total real estate – 1-4 family mortgage28,513 508 4,801,503 4,830,524 3,831 28,621 11,703 44,155 4,874,679 
Real estate – commercial mortgage:
Owner-occupied6,414 1,477 3,251,898 3,259,789 2,208 3,556 22,453 28,217 3,288,006 
Non-owner occupied3,987 790 5,900,045 5,904,822 2,246 1,163 44,905 48,314 5,953,136 
Land development403 74 227,476 227,953 11 903 125 1,039 228,992 
Total real estate – commercial mortgage10,804 2,341 9,379,419 9,392,564 4,465 5,622 67,483 77,570 9,470,134 
Installment loans to individuals1,115 30 120,811 121,956 91 48 81 220 122,176 
Unearned income— — (4,991)(4,991)— — — — (4,991)
Loans, net of unearned income$46,560 $3,860 $18,375,028 $18,425,448 $13,771 $38,825 $85,403 $137,999 $18,563,447 
 
 Accruing LoansNonaccruing 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, 2024
Commercial, financial, agricultural$807 $125 $1,883,010 $1,883,942 $245 $734 $896 $1,875 $1,885,817 
Lease financing27 — 90,961 90,988 78 614 3,391 4,083 95,071 
Real estate – construction:
Residential2,194 — 253,238 255,432 — 1,023 200 1,223 256,655 
Commercial— 16 836,982 836,998 — — — — 836,998 
Total real estate – construction2,194 16 1,090,220 1,092,430 — 1,023 200 1,223 1,093,653 
Real estate – 1-4 family mortgage:
Primary29,258 — 2,343,781 2,373,039 13,627 25,335 16,075 55,037 2,428,076 
Home equity3,186 35 537,568 540,789 941 1,094 1,334 3,369 544,158 
Rental/investment573 12 401,977 402,562 136 240 — 376 402,938 
Land development25 1,740 111,920 113,685 20 — — 20 113,705 
Total real estate – 1-4 family mortgage33,042 1,787 3,395,246 3,430,075 14,724 26,669 17,409 58,802 3,488,877 
Real estate – commercial mortgage:
Owner-occupied2,650 365 1,879,350 1,882,365 296 1,000 11,018 12,314 1,894,679 
Non-owner occupied326 — 4,197,331 4,197,657 — — 29,280 29,280 4,226,937 
Land development142 160 111,019 111,321 98 16 3,017 3,131 114,452 
Total real estate – commercial mortgage3,118 525 6,187,700 6,191,343 394 1,016 43,315 44,725 6,236,068 
Installment loans to individuals654 11 89,246 89,911 4 42 57 103 90,014 
Unearned income— — (4,480)(4,480)— — — — (4,480)
Loans, net of unearned income$39,842 $2,464 $12,731,903 $12,774,209 $15,445 $30,098 $65,268 $110,811 $12,885,020 

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 (including extension of the amortization period), or a term extension, but excluding covenant waivers and modification of contingent acceleration clauses, are required to be disclosed in accordance with ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”). All modifications for the three and six months ended June 30, 2025 and 2024 and which met the disclosure criteria in ASU 2022-02 were performing in accordance with their modified terms at June 30, 2025 and 2024, respectively. There were no unused commitments at June 30, 2025. There were $338 in unused commitments at June 30, 2024. Upon the Company’s determination that a modification has subsequently become uncollectible, the loan, or portion of the loan, is charged off, the amortized cost basis of the loan is reduced by the uncollectible amount, and the allowance for credit losses is adjusted accordingly. See Note 5, “Allowance for Credit Losses,” for more information on the allowance for credit losses.
The following tables present the amortized cost basis of loans that were experiencing financial difficulty, modified during the three and six months ended June 30, 2025 and 2024, respectively, and required to be disclosed under ASU 2022-02, by class of financing receivable and by type of modification. The percentage of the amortized cost basis for each class of disclosed modifications as compared to the amortized cost basis of each class of loans is also presented below.
Three Months Ended June 30, 2025
Term ExtensionPayment DelayTerm Extension and Payment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$— $3 $— $3 — %
Real estate – construction:
Residential— — 235 235 0.06 
Real estate – 1-4 family mortgage:
Home equity— 3 — 3 — 
Installment loans to individuals81 6 1 88 0.07 
Loans, net of unearned income$81 $12 $236 $329 — %

Six Months Ended June 30, 2025
Term ExtensionPayment DelayTerm Extension and Payment DelayInterest Rate Reduction, Term Extension and Payment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$— $3 $— $— $3 — %
Real estate – construction:
Residential— — 235 — 235 0.06 %
Real estate – 1-4 family mortgage:
Home equity— 3 — — 3 — 
Real estate – commercial mortgage:
Non-owner occupied2,119 — — — 2,119 0.04 
Installment loans to individuals81 6 1 2 90 0.07 
Loans, net of unearned income$2,200 $12 $236 $2 $2,450 0.01 %

Three Months Ended June 30, 2024
Term ExtensionTerm Extension and Payment DelayInterest Rate Reduction, Term Extension and Payment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$— $— $138 $138 0.01 %
Real estate – commercial mortgage:
Non-owner occupied2,506 — — 2,506 0.06 
Installment loans to individuals— 1 — 1 — 
Loans, net of unearned income$2,506 $1 $138 $2,645 0.02 %
Six Months Ended June 30, 2024
Interest Rate ReductionTerm ExtensionPayment DelayTerm Extension and Payment DelayInterest Rate Reduction and Term ExtensionInterest Rate Reduction, Term Extension and Payment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$1,741 $165 $— $517 $— $138 $2,561 0.14 %
Real estate – 1-4 family mortgage:
Primary— 33 246 — — — 279 0.01 
Real estate – commercial mortgage:
Owner-occupied7,431 187 — — 270 — 7,888 0.46 
Non-owner occupied— 2,506 89 — — — 2,595 0.07 
Total real estate – commercial mortgage7,431 2,693 89 — 270 — 10,483 0.18 
Installment loans to individuals— — 14 1 — — 15 0.02 
Loans, net of unearned income$9,172 $2,891 $349 $518 $270 $138 $13,338 0.11 %

The following tables present the weighted average financial effect of loan modifications requiring disclosure under ASU 2022-02 by class of financing receivable for the periods presented.
Three months ended June 30, 2025
Loan TypeFinancial Effect
Term Extension
Installment loans to individuals
Extended the term 124 months
Payment Delay
Commercial, financial, agricultural
Delayed the payment 7 months
Real estate – 1-4 family mortgage - Home Equity
Delayed the payment 39 months
Installment loans to individuals
Delayed the payment 23 months
Combination - Term Extension and Payment Delay
Real estate – Construction - Residential
Extended the term and delayed the payment 35 months
Installment loans to individuals
Extended the term and delayed the payment 60 months
Six months ended June 30, 2025
Loan TypeFinancial Effect
Term Extension
Real Estate - Commercial Mortgage - Non-owner Occupied
Extended the term 12 months
Installment loans to individuals
Extended the term 124 months
Payment Delay
Commercial, financial, agricultural
Delayed the payment 7 months
Real estate – 1-4 family mortgage - Home Equity
Delayed the payment 39 months
Installment loans to individuals
Delayed the payment 23 months
Combination - Term Extension and Payment Delay
Real estate – Construction - Residential
Extended the term and delayed the payment 35 months
Installment loans to individuals
Extended the term and delayed the payment 60 months
Combination - Interest Rate Reduction, Term Extension and Payment Delay
Installment loans to individuals
Reduced the interest rate 425 basis points and extended the term and delayed the payment 49 months
Three months ended June 30, 2024
Loan TypeFinancial Effect
Term Extension
Real Estate - Commercial Mortgage - Non-owner Occupied
Extended the term 8 months
Combination - Term Extension and Payment Delay
Installment loans to individuals
Extended the term and delayed the payment 61 months
Combination - Interest Rate Reduction, Term Extension and Payment Delay
Commercial, financial, agricultural
Reduced the interest rate 181 basis points and extended the term and delayed the payment 59 months
Six months ended June 30, 2024
Loan TypeFinancial Effect
Interest Rate Reduction
Commercial, financial, agricultural
Reduced the interest rate 39 basis points
Real Estate - Commercial Mortgage - Owner Occupied
Reduced the interest rate 47 basis points
Term Extension
Commercial, financial, agricultural
Extended the term 7 months
Real estate – 1-4 family mortgage - Primary
Extended the term 24 months
Real Estate - Commercial Mortgage - Owner Occupied
Extended the term 10 months
Real Estate - Commercial Mortgage - Non-owner Occupied
Extended the term 8 months
Payment Delay
Real estate – 1-4 family mortgage - Primary
Delayed the payment 36 months
Real Estate - Commercial Mortgage - Non-owner Occupied
Delayed the payment 17 months
Installment loans to individuals
Delayed the payment 60 months
Combination - Term Extension and Payment Delay
Commercial, financial, agricultural
Extended the term and delayed the payment 42 months
Installment loans to individuals
Extended the term and delayed the payment 61 months
Combination - Interest Rate Reduction and Term Extension
Real Estate - Commercial Mortgage - Owner Occupied
Reduced the interest rate 275 basis points and extended the term 21 months
Combination - Interest Rate Reduction, Term Extension and Payment Delay
Commercial, financial, agricultural
Reduced the interest rate 181 basis points and extended the term and delayed the payment 59 months
Credit Quality
For commercial and commercial real estate loans, 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 that, 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
 20252024202320222021PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
June 30, 2025
Commercial, Financial, Agricultural$363,452 $368,496 $261,941 $280,698 $175,840 $178,431 $1,007,753 $3,781 $2,640,392 
Pass362,626 356,330 238,997 274,078 174,343 173,593 989,924 8 2,569,899 
Special Mention152 3,574 20,104 46 534 2,532 8,309 — 35,251 
Classified674 8,592 2,840 6,574 963 2,306 9,520 3,773 35,242 
Lease Financing Receivables$6,396 $12,117 $16,805 $38,917 $9,246 $6,087 $— $— $89,568 
Pass6,372 12,117 15,283 37,146 9,231 6,087 — — 86,236 
Special Mention— — — 41 — — — — 41 
Classified24 — 1,522 1,730 15 — — — 3,291 
Real Estate - Construction$227,648 $413,999 $309,818 $259,094 $17,637 $— $25,466 $463 $1,254,125 
Residential148,212 126,531 13,185 1,160 — — 5,110 — 294,198 
Pass146,121 126,531 12,144 919 — — 5,110 — 290,825 
Special Mention— — — — — — — — — 
Classified2,091 — 1,041 241 — — — — 3,373 
Commercial79,436 287,468 296,633 257,934 17,637 — 20,356 463 959,927 
Pass79,436 287,466 278,468 250,055 17,637 — 20,356 463 933,881 
Special Mention— — — 5,714 — — — — 5,714 
Classified— 2 18,165 2,165 — — — — 20,332 
Real Estate - 1-4 Family Mortgage$222,521 $275,236 $188,138 $240,088 $132,292 $101,279 $49,728 $136 $1,209,418 
Primary14,066 9,701 5,060 7,397 4,562 6,866 1,110 85 48,847 
Pass13,986 9,490 4,936 7,087 4,159 5,941 1,110 85 46,794 
Special Mention— 211 — 141 — — — — 352 
Classified80 — 124 169 403 925 — — 1,701 
Home Equity13,515 15,489 14,608 6,755 3,578 537 45,975 51 100,508 
Pass13,515 15,355 14,412 5,958 3,578 537 45,975 — 99,330 
Special Mention— — — 500 — — — — 500 
Classified— 134 196 297 — — — 51 678 
Rental/Investment143,337 155,250 134,213 203,488 115,484 89,189 2,065 — 843,026 
Pass142,398 154,545 132,831 202,063 114,186 86,697 2,065 — 834,785 
Special Mention— 177 551 442 97 51 — — 1,318 
Classified939 528 831 983 1,201 2,441 — — 6,923 
Land Development51,603 94,796 34,257 22,448 8,668 4,687 578 — 217,037 
Pass51,603 91,874 34,257 22,404 8,668 4,681 578 — 214,065 
Special Mention— 2,894 — — — — — — 2,894 
Classified— 28 — 44 — 6 — — 78 
Real Estate - Commercial Mortgage$1,122,213 $1,461,267 $1,070,715 $2,556,743 $1,373,714 $1,567,366 $305,979 $2,315 $9,460,312 
Owner-Occupied230,020 598,141 468,551 609,345 486,567 700,684 194,381 196 3,287,885 
Pass229,452 586,351 454,260 594,813 472,115 663,719 183,808 196 3,184,714 
Special Mention279 5,408 3,836 2,314 1,354 16,290 9,482 — 38,963 
Classified289 6,382 10,455 12,218 13,098 20,675 1,091 — 64,208 
Non-Owner Occupied837,936 797,019 580,260 1,916,477 864,610 852,848 101,867 2,119 5,953,136 
Pass822,423 768,947 576,859 1,813,876 855,010 787,722 101,867 — 5,726,704 
Special Mention— 5,887 17 56,601 1,879 8,316 — — 72,700 
Classified15,513 22,185 3,384 46,000 7,721 56,810 — 2,119 153,732 
Land Development54,257 66,107 21,904 30,921 22,537 13,834 9,731 — 219,291 
 Term Loans Amortized Cost Basis by Origination Year
 20252024202320222021PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
Pass54,117 64,088 20,896 29,796 22,373 13,451 9,731 — 214,452 
Special Mention140 1,168 773 — — 115 — — 2,196 
Classified— 851 235 1,125 164 268 — — 2,643 
Installment loans to individuals$2 $2 $— $— $— $— $— $— $4 
Pass2 2 — — — — — — 4 
Special Mention— — — — — — — — — 
Classified— — — — — — — — — 
Total loans subject to risk rating$1,942,232 $2,531,117 $1,847,417 $3,375,540 $1,708,729 $1,853,163 $1,388,926 $6,695 $14,653,819 
Pass1,922,051 2,473,096 1,783,343 3,238,195 1,681,300 1,742,428 1,360,524 752 14,201,689 
Special Mention571 19,319 25,281 65,799 3,864 27,304 17,791 — 159,929 
Classified19,610 38,702 38,793 71,546 23,565 83,431 10,611 5,943 292,201 


 Term Loans Amortized Cost Basis by Origination Year
 20242023202220212020PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
December 31, 2024
Commercial, Financial, Agricultural$292,917 $208,900 $228,690 $113,192 $66,121 $54,163 $898,772 $2,889 $1,865,644 
Pass287,632 206,087 213,209 112,527 64,780 52,756 874,104 2,767 1,813,862 
Special Mention591 1,613 185 242 107 378 7,006 — 10,122 
Classified4,694 1,200 15,296 423 1,234 1,029 17,662 122 41,660 
Lease Financing Receivables$12,239 $22,339 $39,738 $9,125 $3,724 $3,426 $— $— $90,591 
Pass12,239 17,225 34,637 8,778 2,587 3,246 — — 78,712 
Watch— 1,261 3,254 173 1,137 180 — — 6,005 
Classified— 3,853 1,847 174 — — — — 5,874 
Real Estate - Construction$353,568 $243,827 $382,439 $18,443 $— $625 $20,096 $— $1,018,998 
Residential162,966 15,455 1,708 — — 625 1,246 — 182,000 
Pass160,772 14,673 1,467 — — 625 1,246 — 178,783 
Special Mention2,194 — — — — — — — 2,194 
Classified— 782 241 — — — — — 1,023 
Commercial190,602 228,372 380,731 18,443 — — 18,850 — 836,998 
Pass190,602 216,051 380,731 18,443 — — 18,850 — 824,677 
Special Mention— 12,321 — — — — — — 12,321 
Classified— — — — — — — — — 
 Term Loans Amortized Cost Basis by Origination Year
 20242023202220212020PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
Real Estate - 1-4 Family Mortgage$187,587 $110,606 $120,025 $66,034 $33,800 $26,150 $35,740 $1,150 $581,092 
Primary10,925 5,336 7,865 4,247 2,463 6,534 1,704 796 39,870 
Pass10,925 5,126 7,558 3,979 2,463 5,776 1,704 796 38,327 
Special Mention— — 143 — — — — — 143 
Classified— 210 164 268 — 758 — — 1,400 
Home Equity966 1,005 7 937 — 35 28,976 51 31,977 
Pass966 1,005 7 937 — — 28,976 — 31,891 
Special Mention— — — — — — — — — 
Classified— — — — — 35 — 51 86 
Rental/Investment96,447 83,682 108,436 59,836 31,029 18,146 4,745 303 402,624 
Pass95,903 82,878 108,296 59,553 30,936 17,487 4,745 213 400,011 
Special Mention180 564 44 52 24 — — — 864 
Classified364 240 96 231 69 659 — 90 1,749 
Land Development79,249 20,583 3,717 1,014 308 1,435 315 — 106,621 
Pass79,150 20,583 1,977 1,014 308 1,435 315 — 104,782 
Special Mention99 — 1,740 — — — — — 1,839 
Classified— — — — — — — — — 
Real Estate - Commercial Mortgage$996,574 $708,788 $1,807,169 $1,009,177 $622,818 $792,959 $251,819 $35,475 $6,224,779 
Owner-Occupied373,353 271,445 339,116 275,077 190,911 304,663 137,023 2,969 1,894,557 
Pass372,183 261,624 330,018 271,228 188,860 299,578 130,847 2,717 1,857,055 
Special Mention948 348 388 850 131 1,538 — — 4,203 
Classified222 9,473 8,710 2,999 1,920 3,547 6,176 252 33,299 
Non-Owner Occupied576,021 427,715 1,447,377 724,161 428,874 484,792 105,645 32,331 4,226,916 
Pass554,095 427,339 1,354,418 718,043 425,291 430,220 105,645 24,360 4,039,411 
Special Mention4,900 21 77,741 814 1,138 8,254 — — 92,868 
Classified17,026 355 15,218 5,304 2,445 46,318 — 7,971 94,637 
Land Development47,200 9,628 20,676 9,939 3,033 3,504 9,151 175 103,306 
Pass47,134 9,585 17,187 9,735 2,783 3,468 9,151 175 99,218 
Special Mention66 24 142 31 59 — — — 322 
Classified— 19 3,347 173 191 36 — — 3,766 
Installment loans to individuals$5 $— $— $— $— $— $— $— $5 
Pass5 — — — — — — — 5 
Special Mention— — — — — — — — — 
Classified— — — — — — — — — 
Total loans subject to risk rating$1,842,890 $1,294,460 $2,578,061 $1,215,971 $726,463 $877,323 $1,206,427 $39,514 $9,781,109 
Pass1,811,606 1,262,176 2,449,505 1,204,237 718,008 814,591 1,175,583 31,028 9,466,734 
Special Mention8,978 16,152 83,637 2,162 2,596 10,350 7,006 — 130,881 
Classified22,306 16,132 44,919 9,572 5,859 52,382 23,838 8,486 183,494 

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
 20252024202320222021PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
June 30, 2025
Commercial, Financial, Agricultural$26,414 $— $— $— $— $— $117 $— $26,531 
Performing Loans26,414 — — — — — 117 — 26,531 
Non-Performing Loans— — — — — — — — — 
Lease Financing Receivables$— $— $— $— $— $— $— $— $— 
Performing Loans— — — — — — — — — 
Non-Performing Loans— — — — — — — — — 
Real Estate - Construction$17,584 $46,026 $12,602 $7,136 $1,985 $— $— $509 $85,842 
Residential17,584 46,026 12,602 7,136 1,985 — — 509 85,842 
Performing Loans17,584 46,026 12,602 7,136 1,985 — — 509 85,842 
Non-Performing Loans— — — — — — — — — 
Commercial— — — — — — — — — 
Performing Loans— — — — — — — — — 
Non-Performing Loans— — — — — — — — — 
Real Estate - 1-4 Family Mortgage$228,799 $245,903 $409,349 $856,259 $591,851 $823,687 $495,972 $13,441 $3,665,261 
Primary217,095 223,196 384,399 833,049 577,852 798,282 — — 3,033,873 
Performing Loans216,920 221,556 381,120 823,579 574,223 778,996 — — 2,996,394 
Non-Performing Loans175 1,640 3,279 9,470 3,629 19,286 — — 37,479 
Home Equity7,811 21,905 23,261 22,131 12,704 24,656 495,972 13,441 621,881 
Performing Loans7,811 21,857 22,863 21,835 12,704 24,085 495,899 11,349 618,403 
Non-Performing Loans— 48 398 296 — 571 73 2,092 3,478 
Rental/Investment— — — — 253 55 — — 308 
Performing Loans— — — — 253 55 — — 308 
Non-Performing Loans— — — — — — — — — 
Land Development3,893 802 1,689 1,079 1,042 694 — — 9,199 
Performing Loans3,893 802 1,689 1,079 1,036 694 — — 9,193 
Non-Performing Loans— — — — 6 — — — 6 
Real Estate - Commercial Mortgage$1,479 $1,301 $2,136 $1,508 $2,460 $938 $— $— $9,822 
Owner-Occupied— — — — — 121 — — 121 
Performing Loans— — — — — 121 — — 121 
Non-Performing Loans— — — — — — — — — 
Non-Owner Occupied— — — — — — — — — 
Performing Loans— — — — — — — — — 
Non-Performing Loans— — — — — — — — — 
Land Development1,479 1,301 2,136 1,508 2,460 817 — — 9,701 
Performing Loans1,479 1,301 2,051 1,389 2,460 806 — — 9,486 
Non-Performing Loans— — 85 119 — 11 — — 215 
Installment loans to individuals$29,574 $27,339 $16,533 $9,887 $4,975 $16,280 $17,335 $249 $122,172 
Performing Loans29,574 27,336 16,482 9,820 4,974 16,155 17,335 249 121,925 
Non-Performing Loans— 3 51 67 1 125 — — 247 
Total loans not subject to risk rating$303,850 $320,569 $440,620 $874,790 $601,271 $840,905 $513,424 $14,199 $3,909,628 
Performing Loans303,675 318,878 436,807 864,838 597,635 820,912 513,351 12,107 3,868,203 
Non-Performing Loans175 1,691 3,813 9,952 3,636 19,993 73 2,092 41,425 
 Term Loans Amortized Cost Basis by Origination Year
 20242023202220212020PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
December 31, 2024
Commercial, Financial, Agricultural$— $— $— $— $— $20,173 $— $— $20,173 
Performing Loans— — — — — 20,173 — — 20,173 
Non-Performing Loans— — — — — — — — — 
Lease Financing Receivables$— $— $— $— $— $— $— $— $— 
Performing Loans— — — — — — — — — 
Non-Performing Loans— — — — — — — — — 
Real Estate - Construction$37,714 $23,301 $11,210 $2,056 $— $— $108 $266 $74,655 
Residential37,714 23,301 11,210 2,056 — — 108 266 74,655 
Performing Loans37,514 23,301 11,210 2,056 — — 108 266 74,455 
Non-Performing Loans200 — — — — — — — 200 
Commercial— — — — — — — — — 
Performing Loans— — — — — — — — — 
Non-Performing Loans— — — — — — — — — 
Real Estate - 1-4 Family Mortgage$154,305 $341,962 $708,223 $492,408 $280,382 $417,656 $499,157 $13,692 $2,907,785 
Primary152,511 340,032 706,868 490,903 279,683 417,316 — 893 2,388,206 
Performing Loans152,207 336,019 692,470 485,325 269,503 397,394 — 893 2,333,811 
Non-Performing Loans304 4,013 14,398 5,578 10,180 19,922 — — 54,395 
Home Equity30 — — — — 195 499,157 12,799 512,181 
Performing Loans30 — — — — 177 499,052 9,553 508,812 
Non-Performing Loans— — — — — 18 105 3,246 3,369 
Rental/Investment— — — 256 — 58 — — 314 
Performing Loans— — — 256 — 58 — — 314 
Non-Performing Loans— — — — — — — — — 
Land Development1,764 1,930 1,355 1,249 699 87 — — 7,084 
Performing Loans1,764 1,919 1,355 1,240 699 87 — — 7,064 
Non-Performing Loans— 11 — 9 — — — — 20 
Real Estate - Commercial Mortgage$2,614 $2,350 $1,902 $2,567 $1,460 $396 $— $— $11,289 
Owner-Occupied— — — — 121 1 — — 122 
Performing Loans— — — — 121 1 — — 122 
Non-Performing Loans— — — — — — — — — 
Non-Owner Occupied— — — — 21 — — — 21 
Performing Loans— — — — 21 — — — 21 
Non-Performing Loans— — — — — — — — — 
Land Development2,614 2,350 1,902 2,567 1,318 395 — — 11,146 
Performing Loans2,614 2,350 1,789 2,567 1,317 395 — — 11,032 
Non-Performing Loans— — 113 — 1 — — — 114 
Installment loans to individuals$32,598 $11,488 $7,971 $3,815 $1,317 $17,261 $15,530 $29 $90,009 
Performing Loans32,561 11,472 7,971 3,802 1,317 17,212 15,529 29 89,893 
Non-Performing Loans37 16 — 13 — 49 1 — 116 
Total loans not subject to risk rating$227,231 $379,101 $729,306 $500,846 $283,159 $455,486 $514,795 $13,987 $3,103,911 
Performing Loans226,690 375,061 714,795 495,246 272,978 435,497 514,689 10,741 3,045,697 
Non-Performing Loans541 4,040 14,511 5,600 10,181 19,989 106 3,246 58,214 
The following tables disclose gross charge-offs by year of origination for the six months ended June 30, 2025 and year ended December 31, 2024, respectively:

June 30, 202520252024202320222021PriorRevolving LoansTotal Charge-offs
Commercial, financial, agricultural$— $101 $194 $90 $4,923 $399 $210 $5,917 
Lease financing— — 2,340 20 34 — — 2,394 
Real estate – construction:
Residential— — 105 — — — — 105 
Real estate – 1-4 family mortgage:
Primary— — 18 190 64 154 — 426 
Home equity— — — — 92 109 — 201 
Rental/investment— — — — — 1 — 1 
Total real estate – 1-4 family mortgage— — 18 190 156 264 — 628 
Real estate – commercial mortgage:
Owner-occupied— — — — — 463 3,942 4,405 
Installment loans to individuals— 95 53 3 15 490 3 659 
Loans, net of unearned income$— $196 $2,710 $303 $5,128 $1,616 $4,155 $14,108 

December 31, 202420242023202220212020PriorRevolving LoansTotal Charge-offs
Commercial, financial, agricultural$— $46 $152 $879 $4 $2,975 $407 $4,463 
Lease financing— 336 306 — — — — 642 
Real estate – construction:
Residential— — 145 — — — — 145 
Real estate – 1-4 family mortgage:
Primary— 29 195 35 110 102 — 471 
Home equity— — 329 — — 121 — 450 
Rental/investment— — — — — 45 — 45 
Total real estate – 1-4 family mortgage— 29 524 35 110 268 — 966 
Real estate – commercial mortgage:
Owner-occupied— — 37 — — — — 37 
Non-owner occupied— — — — — 5,693 — 5,693 
Land development— — — — — 7 — 7 
Total real estate – commercial mortgage— — 37 — — 5,700 — 5,737 
Installment loans to individuals36 110 69 15 3 1,623 — 1,856 
Loans, net of unearned income$36 $521 $1,233 $929 $117 $10,566 $407 $13,809