Schedule of activity in the allowance for loan losses by loan class

The following tables disclose allowance for credit loss activity by loan class for the three and six months ended June 30, 2025 and June 30, 2024.


					Real estate-				Obligations
	Commercial,				construction		Real estate-		of states
(Dollars in thousands)	financial and		Real estate-		1-4 family		construction		and political		Real estate-
	agricultural		commercial		residential		other		subdivisions		mortgage		Personal		Total
Three Months Ended
June 30, 2025
Allowance for credit losses:
Beginning balance	$	1,120	$	3,100	$	10	$	712	$	24	$	1,269	$	43	$	6,278
Provision for credit losses		29		18		2		284		(4)		12		8		349
Loans charged off		—		—		—		—		—		—		(11)		(11)
Recoveries collected		—		—		—		—		—		4		2		6
Total ending allowance balance	$	1,149	$	3,118	$	12	$	996	$	20	$	1,285	$	42	$	6,622
Six Months Ended
June 30, 2025
Allowance for credit losses:
Beginning balance	$	994	$	3,010	$	32	$	821	$	24	$	1,258	$	44	$	6,183
Provision for credit losses		155		108		(20)		175		(4)		27		12		453
Loans charged off		—		—		—		—		—		(4)		(18)		(22)
Recoveries collected		—		—		—		—		—		4		4		8
Total ending allowance balance	$	1,149	$	3,118	$	12	$	996	$	20	$	1,285	$	42	$	6,622


					Real estate-				Obligations
	Commercial,				construction		Real estate-		of states
(Dollars in thousands)	financial and		Real estate-		1-4 family		construction		and political		Real estate-
	agricultural		commercial		residential		other		subdivisions		mortgage		Personal		Total
Three Months Ended
June 30, 2024
Allowance for credit losses:
Beginning balance	$	780	$	2,943	$	105	$	748	$	57	$	1,108	$	51	$	5,792
Provision for credit losses		(20)		158		(49)		(1)		(16)		32		15		119
Loans charged off		—		—		—		—		—		—		(14)		(14)
Recoveries collected		—		—		—		—		—		1		1		2
Total ending allowance balance	$	760	$	3,101	$	56	$	747	$	41	$	1,141	$	53	$	5,899
Six Months Ended
June 30, 2024
Allowance for credit losses:
Beginning balance	$	740	$	2,799	$	104	$	778	$	39	$	1,157	$	60	$	5,677
Provision for credit losses		20		302		(48)		(31)		2		(18)		12		239
Loans charged off		—		—		—		—		—		—		(23)		(23)
Recoveries collected		—		—		—		—		—		2		4		6
Total ending allowance balance	$	760	$	3,101	$	56	$	747	$	41	$	1,141	$	53	$	5,899

Schedule of Nonaccrual Loans by classes of the loan portfolio

The following tables present the amortized cost basis of loans on nonaccrual status, including nonaccrual status loans with no allowance, and loans past due over 89 days still accruing as of June 30, 2025 and December 31, 2024, respectively.


(Dollars in thousands)	Nonaccrual with		Nonaccrual with		Loans Past Due
	No Allowance		an Allowance		Over 89 Days
As of June 30, 2025	for Credit Loss		for Credit Loss		Still Accruing(1)
Commercial, financial and agricultural	$	—	$	168	$	—
Real estate - commercial		—		135		—
Real estate - mortgage		207		—		—
Personal		3		—		—
Total	$	210	$	303	$	—


(Dollars in thousands)	Nonaccrual with		Nonaccrual with		Loans Past Due
	No Allowance		an Allowance		Over 89 Days
As of December 31, 2024	for Credit Loss		for Credit Loss		Still Accruing(1)
Commercial, financial and agricultural	$	—	$	105	$	—
Real estate - commercial		—		135		—
Real estate - mortgage		256		—		119
Total	$	256	$	240	$	119

(1)

These loans are guaranteed, or well-secured, and there is an effective means of collection in process.

Schedule of classes of loan portfolio summarized by the aggregate risk rating

The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of June 30, 2025 and December 31, 2024, respectively.


(Dollars in thousands)
			Special
As of June 30, 2025	Pass		Mention		Substandard		Doubtful		Total
Commercial, financial and agricultural	$	69,860	$	4,938	$	30	$	138	$	74,966
Real estate - commercial		244,971		7,550		1,009		—		253,530
Real estate - construction:
1-4 family residential construction		428		—		—		—		428
Other construction loans		43,113		—		—		—		43,113
Real estate - mortgage		165,284		486		207		—		165,977
Obligations of states and political subdivisions		14,863		—		—		—		14,863
Personal		3,439		—		3		—		3,442
Total	$	541,958	$	12,974	$	1,249	$	138	$	556,319


(Dollars in thousands)
			Special
As of December 31, 2024	Pass		Mention		Substandard		Doubtful		Total
Commercial, financial and agricultural	$	62,134	$	5,995	$	33	$	72	$	68,234
Real estate - commercial		234,572		11,984		1,026		—		247,582
Real estate - construction:
1-4 family residential construction		1,172		—		—		—		1,172
Other construction loans		32,119		4,536		—		—		36,655
Real estate - mortgage		161,488		496		787		—		162,771
Obligations of states and political subdivisions		13,850		—		—		—		13,850
Personal		3,605		—		—		—		3,605
Total	$	508,940	$	23,011		1,846	$	72	$	533,869

Based on the most recent analysis performed, the amortized cost basis by risk category of loans by class of loan and by origination year as of June 30, 2025 is as follows:


													Revolving		Revolving
(Dollars in thousands)													Loans		Loans
													Amortized		Converted
As of June 30, 2025	2025		2024		2023		2022		2021		Prior		Cost Basis		to Term		Total
Commercial, financial and agricultural:
Risk Rating
Pass	$	14,602		6,441		7,880		2,896		5,222		2,541		30,205		73	$	69,860
Special Mention		—		42		610		469		2,744		—		1,073		—		4,938
Substandard		—		—		—		—		—		30		—		—		30
Doubtful		—		—		66		—		—		72		—		—		138
Total commercial, financial and agricultural loans	$	14,602	$	6,483	$	8,556	$	3,365	$	7,966	$	2,643	$	31,278	$	73	$	74,966

Commercial, financial and agricultural loans:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate - commercial:
Risk Rating
Pass	$	11,563		29,617		36,644		55,937		32,492		72,075		5,820		823	$	244,971
Special Mention		—		—		—		—		—		7,351		199		—		7,550
Substandard		—		—		—		—		—		1,009		—		—		1,009
Doubtful		—		—		—		—		—		—		—		—		—
Total real estate - commercial loans	$	11,563	$	29,617	$	36,644	$	55,937	$	32,492	$	80,435	$	6,019	$	823	$	253,530

Real estate - commercial:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate - construction - 1-4 family residential:
Risk Rating
Pass	$	53		375		—		—		—		—		—		—	$	428
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total real estate - construction - 1-4 family residential loans	$	53	$	375	$	—	$	—	$	—	$	—	$	—	$	—	$	428

Real estate - construction - 1-4 family residential:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate - construction - other:
Risk Rating
Pass	$	7,688		11,766		7,077		73		384		3,193		7,721		5,211	$	43,113
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total real estate - construction - other loans	$	7,688	$	11,766	$	7,077	$	73	$	384	$	3,193	$	7,721	$	5,211	$	43,113

Real estate - construction - other:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


													Revolving		Revolving
(Dollars in thousands)													Loans		Loans
													Amortized		Converted
As of June 30, 2025 (cont.)	2025		2024		2023		2022		2021		Prior		Cost Basis		to Term		Total
Real estate - mortgage:
Risk Rating
Pass	$	13,501		19,243		22,621		40,340		15,826		46,534		6,519		700	$	165,284
Special Mention		—		—		—		100		—		186		200		—		486
Substandard		—		—		—		—		—		207		—		—		207
Doubtful																		—
Total real estate - mortgage loans	$	13,501	$	19,243	$	22,621	$	40,440	$	15,826	$	46,927	$	6,719	$	700	$	165,977

Real estate - mortgage:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	(4)	$	—	$	—	$	(4)

Obligations of states and political subdivisions:
Risk Rating
Pass	$	1,796		328		281		3,354		1,860		7,144		100		—	$	14,863
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total Obligations of states and political subdivisions	$	1,796	$	328	$	281	$	3,354	$	1,860	$	7,144	$	100	$	—	$	14,863

Obligations of states and political subdivisions:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Personal:
Risk Rating
Pass	$	984		1,132		825		311		87		46		39		15	$	3,439
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		3		—		—		3
Doubtful		—		—		—		—		—		—		—		—		—
Total personal loans	$	984	$	1,132	$	825	$	311	$	87	$	49	$	39	$	15	$	3,442

Personal:
Current period gross write-offs	$	(5)	$	(2)	$	—	$	—	$	—	$	(11)	$	—	$	—	$	(18)

The amortized cost basis by risk category of loans by class of loan and by origination year as of December 31, 2024 is as follows:


													Revolving		Revolving
(Dollars in thousands)													Loans		Loans
													Amortized		Converted
As of December 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		to Term		Total
Commercial, financial and agricultural:
Risk Rating
Pass	$	8,837	$	8,827	$	3,243	$	6,045	$	1,866	$	1,181	$	31,662	$	473	$	62,134
Special Mention		45		697		847		3,005		—		—		1,401		—		5,995
Substandard		—		—		—		—		—		13		20		—		33
Doubtful		—		—		—		—		—		72		—		—		72
Total commercial, financial and agricultural loans	$	8,882	$	9,524	$	4,090	$	9,050	$	1,866	$	1,266	$	33,083	$	473	$	68,234

Commercial, financial and agricultural loans:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate - commercial:
Risk Rating
Pass	$	35,515	$	42,566	$	45,170	$	30,571	$	12,222	$	59,135	$	8,589	$	804	$	234,572
Special Mention		—		—		—		—		8,165		3,620		199		—		11,984
Substandard		—		—		—		—		134		892		—		—		1,026
Doubtful		—		—		—		—		—		—		—		—		—
Total real estate - commercial loans	$	35,515	$	42,566	$	45,170	$	30,571	$	20,521	$	63,647	$	8,788	$	804	$	247,582

Real estate - commercial:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate - construction - 1-4 family residential:
Risk Rating
Pass	$	1,172	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	1,172
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total real estate - construction - 1-4 family residential loans	$	1,172	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	1,172

Real estate - construction - 1-4 family residential:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate - construction - other:
Risk Rating
Pass	$	10,405	$	9,241	$	103	$	3,392	$	187	$	3,036	$	4,963	$	792	$	32,119
Special Mention		—		—		—		—		4,536		—		—		—		4,536
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total real estate - construction - other loans	$	10,405	$	9,241	$	103	$	3,392	$	4,723	$	3,036	$	4,963	$	792	$	36,655

Real estate - construction - other:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


													Revolving		Revolving
(Dollars in thousands)													Loans		Loans
													Amortized		Converted
As of December 31, 2024 (cont.)	2024		2023		2022		2021		2020		Prior		Cost Basis		to Term		Total
Real estate - mortgage:
Risk Rating
Pass	$	19,193	$	23,800	$	42,675	$	16,802	$	12,836	$	38,894	$	6,767	$	521	$	161,488
Special Mention		—		—		100		—		—		196		200		—		496
Substandard		—		—		—		—		—		787		—		—		787
Doubtful		—		—		—		—		—				—		—		—
Total real estate - mortgage loans	$	19,193	$	23,800	$	42,775	$	16,802	$	12,836	$	39,877	$	6,967	$	521	$	162,771

Real estate - mortgage:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Obligations of states and political subdivisions:
Risk Rating
Pass	$	340	$	283	$	3,613	$	2,000	$	4,587	$	2,928	$	99	$	—	$	13,850
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total Obligations of states and political subdivisions	$	340	$	283	$	3,613	$	2,000	$	4,587	$	2,928	$	99	$	—	$	13,850

Obligations of states and political subdivisions:
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Personal:
Risk Rating
Pass	$	1,573	$	1,227	$	492	$	149	$	7	$	79	$	56	$	22	$	3,605
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total personal loans	$	1,573	$	1,227	$	492	$	149	$	7	$	79	$	56	$	22	$	3,605

Personal:
Current period gross write-offs	$	—	$	—	$	(2)	$	—	$	—	$	(35)	$	(3)	$	—	$	(40)