Other Real Estate (Tables)

3 Months Ended

Mar. 31, 2026

Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]

Changes and Gains (Losses), Net on Other Real Estate

For the periods presented, changes and gains (losses), net on other real estate were as follows ($ in thousands):


		Three Months Ended March 31,
		2026				2025
Balance at beginning of period		$	6,957			$	5,917
Additions			2,342				3,438
Disposals			(1,920	)			(878	)
(Write-downs) recoveries			(63	)			(129	)
Balance at end of period		$	7,316			$	8,348

Gains (losses), net on the sale of other real estate included in other real estate expense		$	(62	)		$	(77	)

Other Real Estate, By Type of Property

At March 31, 2026 and December 31, 2025, other real estate by type of property consisted of the following ($ in thousands):


		March 31, 2026				December 31, 2025
Construction, land development and other land properties		$	148			$	63
1-4 family residential properties			3,297				3,871
Nonfarm, nonresidential properties			2,242				1,273
Other real estate properties			1,629				1,750
Total other real estate		$	7,316			$	6,957

Other Real Estate, By Geographic Location

At March 31, 2026 and December 31, 2025, other real estate by geographic location consisted of the following ($ in thousands):


		March 31, 2026				December 31, 2025
Alabama		$	1,356			$	409
Mississippi (1)			5,033				5,621
Tennessee (2)			927				927
Total other real estate		$	7,316			$	6,957

(1)

Mississippi includes Central and Southern Mississippi Regions.

(2)

Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.