Schedule of Changes in Allowance For Credit Losses on Loans Receivable and Unfunded Commitments |
The following tables detail the activity in the ACL on loans by segment and class for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Beginning Balance | | Charge-offs | | Recoveries | | Provision for (Reversal of) Credit Losses | | Ending Balance | | (Dollars in thousands) | Commercial business: | | | | | | | | | | Commercial and industrial | $ | 9,343 | | | $ | (454) | | | $ | 18 | | | $ | 478 | | | $ | 9,385 | | Owner-occupied CRE | 13,309 | | | — | | | — | | | 125 | | | 13,434 | | Non-owner occupied CRE | 15,630 | | | — | | | — | | | (96) | | | 15,534 | | Total commercial business | 38,282 | | | (454) | | | 18 | | | 507 | | | 38,353 | | Residential real estate | 4,045 | | | — | | | — | | | (103) | | | 3,942 | | Real estate construction and land development: | Residential | 728 | | | — | | | — | | | 140 | | | 868 | | Commercial and multifamily | 7,216 | | | — | | | — | | | 232 | | | 7,448 | | Total real estate construction and land development | 7,944 | | | — | | | — | | | 372 | | | 8,316 | | Consumer | 1,889 | | | (104) | | | 46 | | | 87 | | | 1,918 | | Total | $ | 52,160 | | | $ | (558) | | | $ | 64 | | | $ | 863 | | | $ | 52,529 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | Beginning Balance | | Charge-offs | | Recoveries | | Provision for (Reversal of) Credit Losses | | Ending Balance | | (Dollars in thousands) | Commercial business: | | | | | | | | | | Commercial and industrial | $ | 9,766 | | | $ | (676) | | | $ | 44 | | | $ | 251 | | | $ | 9,385 | | Owner-occupied CRE | 12,819 | | | — | | | — | | | 615 | | | 13,434 | | Non-owner occupied CRE | 15,708 | | | — | | | — | | | (174) | | | 15,534 | | Total commercial business | 38,293 | | | (676) | | | 44 | | | 692 | | | 38,353 | | Residential real estate | 3,464 | | | — | | | — | | | 478 | | | 3,942 | | Real estate construction and land development: | Residential | 779 | | | — | | | — | | | 89 | | | 868 | | Commercial and multifamily | 7,877 | | | — | | | — | | | (429) | | | 7,448 | | Total real estate construction and land development | 8,656 | | | — | | | — | | | (340) | | | 8,316 | | Consumer | 2,055 | | | (258) | | | 97 | | | 24 | | | 1,918 | | Total | $ | 52,468 | | | $ | (934) | | | $ | 141 | | | $ | 854 | | | $ | 52,529 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | | Beginning Balance | | Charge-offs | | Recoveries | | (Reversal of) Provision for Credit Losses | | Ending Balance | | (Dollars in thousands) | Commercial business: | | | | | | | | | | Commercial and industrial | $ | 11,647 | | | $ | (312) | | | $ | 159 | | | $ | (360) | | | $ | 11,134 | | Owner-occupied CRE | 9,392 | | | — | | | 359 | | | 99 | | | 9,850 | | Non-owner occupied CRE | 12,874 | | | — | | | — | | | 609 | | | 13,483 | | Total commercial business | 33,913 | | | (312) | | | 518 | | | 348 | | | 34,467 | | Residential real estate | 3,478 | | | — | | | — | | | 257 | | | 3,735 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | | Beginning Balance | | Charge-offs | | Recoveries | | (Reversal of) Provision for Credit Losses | | Ending Balance | | (Dollars in thousands) | Real estate construction and land development: | Residential | 917 | | | — | | | — | | | (7) | | | 910 | | Commercial and multifamily | 9,158 | | | — | | | — | | | 750 | | | 9,908 | | Total real estate construction and land development | 10,075 | | | — | | | — | | | 743 | | | 10,818 | | Consumer | 2,270 | | | (238) | | | 45 | | | 122 | | | 2,199 | | Total | $ | 49,736 | | | $ | (550) | | | $ | 563 | | | $ | 1,470 | | | $ | 51,219 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2024 | | Beginning Balance | | Charge-offs | | Recoveries | | Provision for (Reversal of) Credit Losses | | Ending Balance | | (Dollars in thousands) | Commercial business: | | | | | | | | | | Commercial and industrial | $ | 11,128 | | | $ | (389) | | | $ | 376 | | | $ | 19 | | | $ | 11,134 | | Owner-occupied CRE | 8,999 | | | — | | | 359 | | | 492 | | | 9,850 | | Non-owner occupied CRE | 11,176 | | | — | | | — | | | 2,307 | | | 13,483 | | Total commercial business | 31,303 | | | (389) | | | 735 | | | 2,818 | | | 34,467 | | Residential real estate | 3,473 | | | — | | | — | | | 262 | | | 3,735 | | Real estate construction and land development: | Residential | 1,643 | | | — | | | — | | | (733) | | | 910 | | Commercial and multifamily | 9,233 | | | — | | | — | | | 675 | | | 9,908 | | Total real estate construction and land development | 10,876 | | | — | | | — | | | (58) | | | 10,818 | | Consumer | 2,347 | | | (361) | | | 61 | | | 152 | | | 2,199 | | Total | $ | 47,999 | | | $ | (750) | | | $ | 796 | | | $ | 3,174 | | | $ | 51,219 | |
The following table details the activity in the ACL on unfunded commitments during the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | (Dollars in thousands) | Balance, beginning of period | $ | 647 | | | $ | 976 | | | $ | 587 | | | $ | 1,288 | | Provision for (reversal of) credit losses on unfunded commitments | 93 | | | (202) | | | 153 | | | (514) | | Balance, end of period | $ | 740 | | | $ | 774 | | | $ | 740 | | | $ | 774 | |
|