v3.26.1
Allowance for Credit Losses on Loans (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Schedule of Changes in Allowance for Loan Losses and Allowance and Loans Individually and Collectively Evaluated for Impairment
A summary of changes in the allowance for credit losses, by portfolio type, for the three months ended March 31, 2026 and 2025 are as follows: 

For the Three Months Ended March 31,
2026
(in thousands)Beginning Allowance (12/31/2025)Charge-offsRecoveriesProvisionEnding Allowance (3/31/2026)
Real Estate:
Construction & land development$2,079 $— $— $(423)$1,656 
Farmland183 — — (36)147 
1- 4 family13,340 (1,492)203 1,260 13,311 
Multifamily1,377 (25)— (528)824 
Non-farm non-residential12,054 (1,334)5 (465)10,260 
Total Real Estate29,033 (2,851)208 (192)26,198 
Non-Real Estate:
Agricultural173 (213)147 140 247 
Commercial and industrial6,271 (2,002)92 (2,016)2,345 
Commercial leases1,192 (92)— 5,559 6,659 
Consumer and other1,007 (280)99 40 866 
Unallocated3,079 — — (906)2,173 
Total Non-Real Estate11,722 (2,587)338 2,817 12,290 
Total Loans$40,755 $(5,438)$546 $2,625 $38,488 
Unfunded lending commitments700 — — — 700 
Total$41,455 $(5,438)$546 $2,625 $39,188 

 For the Three Months Ended March 31,
 2025
(in thousands)Beginning Allowance (12/31/2024)Charge-offsRecoveriesProvisionEnding Allowance (3/31/2025)
Real Estate:
Construction & land development$3,930 $(5,794)$— $8,285 $6,421 
Farmland50 — — — 50 
1- 4 family9,243 — 10 618 9,871 
Multifamily3,949 — — 1,345 5,294 
Non-farm non-residential11,531 — 5 3,584 15,120 
Total Real Estate28,703 (5,794)15 13,832 36,756 
Non-Real Estate:
Agricultural204 (169)— 52 87 
Commercial and industrial1,994 (418)25 514 2,115 
Commercial leases1,719 — — 107 1,826 
Consumer and other1,337 (496)200 107 1,148 
Unallocated854 — — 236 1,090 
Total Non-Real Estate6,108 (1,083)225 1,016 6,266 
Total Loans$34,811 $(6,877)$240 $14,848 $43,022 
Unfunded lending commitments1,210 — — (300)910 
Total$36,021 $(6,877)$240 $14,548 $43,932 
A summary of the allowance along with loans and leases individually and collectively evaluated are as follows: 

As of March 31, 2026
(in thousands)Allowance
Individually
Evaluated		Allowance
Collectively Evaluated		Total Allowance
for Credit Losses		Loans
Individually
Evaluated		Loans
Collectively
Evaluated		Total Loans
before
Unearned Income
Real Estate:      
Construction & land development$255 $1,401 $1,656 $19,337 $90,421 $109,758 
Farmland— 147 147 2,419 28,958 31,377 
1- 4 family1,303 12,008 13,311 8,460 419,058 427,518 
Multifamily— 824 824 8,379 119,594 127,973 
Non-farm non-residential1,000 9,260 10,260 49,810 829,212 879,022 
Total Real Estate2,558 23,640 26,198 88,405 1,487,243 1,575,648 
Non-Real Estate:      
Agricultural— 247 247 654 37,245 37,899 
Commercial and industrial28 2,317 2,345 332 214,036 214,368 
Commercial leases5,711 948 6,659 6,483 64,627 71,110 
Consumer and other— 866 866 — 31,070 31,070 
Unallocated— 2,173 2,173 — — — 
Total Non-Real Estate5,739 6,551 12,290 7,469 346,978 354,447 
Total$8,297 $30,191 $38,488 $95,874 $1,834,221 1,930,095 
Unearned Income     (5,518)
Total Loans Net of Unearned Income     $1,924,577 

$88.9 million of loans individually evaluated for impairment as of March 31, 2026 were considered collateral dependent loans.
 
 As of December 31, 2025
(in thousands)Allowance
Individually
Evaluated		Allowance
Collectively Evaluated		Total Allowance
for Credit Losses		Loans
Individually
Evaluated		Loans
Collectively
Evaluated		Total Loans
before
Unearned Income
Real Estate:      
Construction & land development$— $2,079 $2,079 $28,237 $121,256 $149,493 
Farmland— 183 183 2,447 29,713 32,160 
1- 4 family857 12,483 13,340 7,816 420,957 428,773 
Multifamily11 1,366 1,377 8,446 135,789 144,235 
Non-farm non-residential1,398 10,656 12,054 41,888 906,648 948,536 
Total Real Estate2,266 26,767 29,033 88,834 1,614,363 1,703,197 
Non-Real Estate:      
Agricultural— 173 173 915 34,329 35,244 
Commercial and industrial3,534 2,737 6,271 5,308 223,430 228,738 
Commercial leases— 1,192 1,192 6,548 69,069 75,617 
Consumer and other— 1,007 1,007 — 33,023 33,023 
Unallocated— 3,079 3,079 — — — 
Total Non-Real Estate3,534 8,188 11,722 12,771 359,851 372,622 
Total$5,800 $34,955 $40,755 $101,605 $1,974,214 2,075,819 
Unearned Income     (6,017)
Total loans net of unearned income     $2,069,802