v3.25.2
Loans (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Composition of Loans Segregated by Class of Loans
The following table presents the composition of loans segregated by class of loans, as of June 30, 2025 and December 31, 2024.
(dollars in thousands)June 30, 2025December 31, 2024
Construction, land & land development$238,078 $205,046 
Other commercial real estate1,059,149 990,648 
Total commercial real estate1,297,227 1,195,694 
Residential real estate356,515 344,167 
Commercial, financial & agricultural 212,872 213,910 
Consumer and other126,966 89,209 
Total loans$1,993,580 $1,842,980 
The following table presents the composition of government guaranteed loans segregated by class of loans for each respective period.
(dollars in thousands)June 30, 2025December 31, 2024
Construction, land & land development$2,297 $2,317 
Other commercial real estate39,280 41,471 
Total commercial real estate41,577 43,788 
Residential real estate9,119 9,348 
Commercial, financial & agricultural 30,546 28,500 
Total loans$81,242 $81,636 
Schedule of Loan Portfolio Segregated by Class of Loans
The following tables present the loan portfolio segregated by class of loans and the risk category of term loans by vintage year, which is the year of origination or most recent renewal, as of June 30, 2025 and December 31, 2024. Those loans with a risk grade of 1, 2, 3, 4, 5 and 98 have been combined in the pass line for presentation purposes. Loans with a risk grade of 7, 8 and 99 have been combined in the substandard line. There were no loans with a risk rating of "doubtful" or "loss" at June 30, 2025 or December 31, 2024.
Term Loans Amortized Cost Basis by Origination Year
(dollars in thousands)20252024202320222021PriorRevolversRevolvers converted to term loansTotal
June 30, 2025
Construction, land & land development
Risk rating
Pass$81,401 $70,786 $30,984 $27,544 $18,354 $6,753 $49 $— $235,871 
Special Mention— — 1,398 — — 403 281 — 2,082 
Substandard— 41 — — — 84 — — 125 
Total Construction, land & land development81,401 70,827 32,382 27,544 18,354 7,240 330 — 238,078 
  Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other commercial real estate
Risk rating
Pass99,137 79,995 76,528 336,483 174,567 249,152 11,437 1,817 1,029,116 
Special Mention— — 5,592 2,746 151 4,334 — 525 13,348 
Substandard522 4,413 2,250 6,535 528 1,585 649 203 16,685 
Total Other commercial real estate99,659 84,408 84,370 345,764 175,246 255,071 12,086 2,545 1,059,149 
Current period gross write offs— — 206 — — 20 — — 226 
Residential real estate
Risk rating
Pass27,942 18,482 72,172 108,192 41,116 55,836 24,738 813 349,291 
Special Mention— — 1,297 — 1,670 2,838 196 — 6,001 
Substandard47 — — 423 270 483 — — 1,223 
Total Residential real estate27,989 18,482 73,469 108,615 43,056 59,157 24,934 813 356,515 
Current period gross write offs— — — 140 — 42 — — 182 
Commercial, financial & agricultural
Risk rating
Pass24,523 41,086 36,921 28,157 10,913 20,039 35,374 647 197,660 
Special Mention1,655 830 932 1,227 130 4 3,362 — 8,140 
Substandard— 106 3,234 709 2,361 260 402 — 7,072 
Total Commercial, financial & agricultural26,178 42,022 41,087 30,093 13,404 20,303 39,138 647 212,872 
Current period gross write offs36 189 121 502 6 60 — — 914 
Consumer and other
Risk rating
Pass53,172 36,959 32,452 1,892 579 1,252 512 10 126,828 
Special Mention— 132 — — — — — — 132 
Substandard— 1 5 — — — — — 6 
Total Consumer and other53,172 37,092 32,457 1,892 579 1,252 512 10 126,966 
Current period gross write offs24 465 49 4 — 12 — — 554 
Total Loans
Risk rating
Pass286,175 247,308 249,057 502,268 245,529 333,032 72,110 3,287 1,938,766 
Special Mention1,655 962 9,219 3,973 1,951 7,579 3,839 525 29,703 
Substandard569 4,561 5,489 7,667 3,159 2,412 1,051 203 25,111 
Total Loans$288,399 $252,831 $263,765 $513,908 $250,639 $343,023 $77,000 $4,015 $1,993,580 
Total current period gross write offs$60 $654 $376 $646 $6 $134 $— $— $1,876 
Term Loans Amortized Cost Basis by Origination Year
(dollars in thousands)20242023202220212020PriorRevolversRevolvers converted to term loansTotal
December 31, 2024
Construction, land & land development
Risk rating
Pass$98,269 $47,378 $25,930 $23,193 $1,979 $5,379 $53 $— $202,181 
Special Mention— 2,088 — — 411 — 281 — 2,780 
Substandard— — — — — 85 — — 85 
Total Construction, land & land development98,269 49,466 25,930 23,193 2,390 5,464 334 — 205,046 
  Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other commercial real estate
Risk rating
Pass55,169 85,172 343,123 180,568 76,905 194,444 21,341 1,849 958,571 
Special Mention850 1,999 4,288 173 2,344 7,376 610 1,069 18,709 
Substandard4,114 2,586 2,875 459 352 2,419 563 — 13,368 
Total Other commercial real estate60,133 89,757 350,286 181,200 79,601 204,239 22,514 2,918 990,648 
Current period gross write offs— — — — — 20 — — 20 
Residential real estate
Risk rating
Pass16,675 76,074 112,784 45,111 18,978 44,892 23,222 926 338,662 
Special Mention— 1,672 374 — — 1,989 204 — 4,239 
Substandard— — 442 270 28 526 — — 1,266 
Total Residential real estate16,675 77,746 113,600 45,381 19,006 47,407 23,426 926 344,167 
Current period gross write offs— — 400 18 — 9 — — 427 
Commercial, financial & agricultural
Risk rating
Pass44,380 46,610 33,124 12,322 8,662 16,143 43,051 742 205,034 
Special Mention— 622 2,136 12 — — 700 — 3,470 
Substandard105 1,612 858 1,904 271 218 433 5 5,406 
Total Commercial, financial & agricultural44,485 48,844 36,118 14,238 8,933 16,361 44,184 747 213,910 
Current period gross write offs138 588 659 986 28 68 — — 2,467 
Consumer and other
Risk rating
Pass53,500 30,186 2,312 857 530 1,291 456 13 89,145 
Special Mention— — — — — — — — — 
Substandard49 — 12 1 2 — — — 64 
Total Consumer and other53,549 30,186 2,324 858 532 1,291 456 13 89,209 
Current period gross write offs84 392 81 1 5 41 — — 604 
Total Loans
Risk rating
Pass267,993 285,420 517,273 262,051 107,054 262,149 88,123 3,530 1,793,593 
Special Mention850 6,381 6,798 185 2,755 9,365 1,795 1,069 29,198 
Substandard4,268 4,198 4,187 2,634 653 3,248 996 5 20,189 
Total Loans$273,111 $295,999 $528,258 $264,870 $110,462 $274,762 $90,914 $4,604 $1,842,980 
Total current period gross write offs$222 $980 $1,140 $1,005 $33 $138 $— $— $3,518 
Schedule of Aging of Amortized Cost Basis of Loans by Aging Category and Accrual Status
The following table presents an age analysis of past due loans and nonaccrual loans, segregated by class of loans, as of June 30, 2025 and December 31, 2024:
(dollars in thousands)30-89 Days
Past Due		90 Days
or More
Past Due		Total Accruing
Loans Past Due		Nonaccrual
Loans		Current LoansTotal Loans
June 30, 2025
Construction, land & land development$— $— $— $— $238,078 $238,078 
Other commercial real estate2,451 — 2,451 3,779 1,052,919 1,059,149 
Total commercial real estate2,451 — 2,451 3,779 1,290,997 1,297,227 
Residential real estate557 — 557 1,182 354,776 356,515 
Commercial, financial & agricultural831 — 831 5,616 206,425 212,872 
Consumer and other733 107 840 7 126,119 126,966 
Total Loans$4,572 $107 $4,679 $10,584 $1,978,317 $1,993,580 
December 31, 2024
Construction, land & land development$544 $— $544 $— $204,502 $205,046 
Other commercial real estate2,441 — 2,441 4,833 983,374 990,648 
Total commercial real estate2,985 — 2,985 4,833 1,187,876 1,195,694 
Residential real estate3,689 — 3,689 1,204 339,274 344,167 
Commercial, financial & agricultural1,348 — 1,348 4,559 208,003 213,910 
Consumer and other339 152 491 64 88,654 89,209 
Total Loans$8,361 $152 $8,513 $10,660 $1,823,807 $1,842,980 
Schedule of Nonaccrual Loans
The following tables display a summary of the Company's nonaccrual loans by major categories for the periods indicated.
June 30, 2025
(dollars in thousands)Nonaccrual Loans with No Related ACLNonaccrual Loans with a Related ACLTotal Nonaccrual Loans
Construction, land & land development$— $— $— 
Other commercial real estate— 3,779 3,779 
Total commercial real estate— 3,779 3,779 
Residential real estate— 1,182 1,182 
Commercial, financial & agricultural1,872 3,744 5,616 
Consumer and other— 7 7 
Total Loans$1,872 $8,712 $10,584 
December 31, 2024
(dollars in thousands)Nonaccrual Loans with No Related ACLNonaccrual Loans with a Related ACLTotal Nonaccrual Loans
Construction, land & land development$— $— $— 
Other commercial real estate1,482 3,351 4,833 
Total commercial real estate1,482 3,351 4,833 
Residential real estate— 1,204 1,204 
Commercial, financial & agricultural— 4,559 4,559 
Consumer and other— 64 64 
Total Loans$1,482 $9,178 $10,660 
Schedule of Loans Modified Due to Financial Difficulty The following tables present loans modified due to a financial difficulty under the above terms during the three and six month periods ended June 30, 2024.
Three months ended June 30, 2025
Three months ended June 30, 2024
(dollars in thousands)Term ExtensionPayment DelayTerm Extension and Payment DelayTotal*
Other commercial real estate135 — 146 281 
Commercial, financial & agricultural$— $— $37 $37 
Total Loans$135 $— $183 $318 
*less than 0.03% of total class of receivable
Six months ended June 30, 2025

Six months ended June 30, 2024
(dollars in thousands)Term ExtensionPayment DelayTerm Extension and Payment DelayTotal*
Other commercial real estate$135 $— $146 $281 
Commercial, financial & agricultural— 329 37 366 
Total Loans$135 $329 $183 $647 
*less than 0.2% of total class of receivable