| Loans and Allowance for Credit Losses |
Loans and Allowance for Credit Losses Loans consisted of the following at June 30, 2026 and December 31, 2025: | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | (dollars in thousands) | | Loans held for investment: | | | | | Construction and development | $ | 569,593 | | | $ | 570,749 | | | Commercial, financial & agricultural | 1,799,584 | | | 1,761,287 | | Non-owner-occupied commercial real estate | 3,249,479 | | | 3,150,269 | | | Owner-occupied commercial real estate | 1,595,866 | | | 1,580,260 | | | Commercial real estate | 4,845,345 | | | 4,730,529 | | | Total commercial loans | 7,214,522 | | | 7,062,565 | | | Residential mortgage loans | 3,475,428 | | | 3,321,101 | | | Home equity lines of credit | 433,330 | | | 410,845 | | | Consumer credit card | 98,107 | | | 98,310 | | | Other consumer loans | 462,469 | | | 551,395 | | | Total residential and consumer loans | 4,469,334 | | | 4,381,651 | | | Total unpaid principal balance | 11,683,856 | | | 11,444,216 | | | Add: Unearned income | (10,240) | | | (9,611) | | | Loans, held for investment | 11,673,616 | | | 11,434,605 | | | Loans held for sale | 27,751 | | | 54,119 | | | Total loans and leases | $ | 11,701,367 | | | $ | 11,488,724 | |
Accrued interest receivable totaled $46.2 million and $45.9 million at June 30, 2026 and December 31, 2025, respectively, and is included within other assets on the consolidated balance sheets. No loans were acquired by the Company for the six months ended June 30, 2026 and December 31, 2025. As of June 30, 2026, loans made to related parties of the Company totaled $308.4 million. These loans primarily consist of loans made by the Bank to related parties of the Company, which were made in the ordinary course of business of the Bank and otherwise on terms consistent with those available to all customers. | | | | | | | June 30, 2026 | | (dollars in thousands) | | Balance of loans to related parties, beginning of year | $ | 340,010 | | | New loans | 13,065 | | | Repayments | (22,568) | | | Change in relationship | (22,069) | | | Balance of loans to related parties, June 30, 2026 | $ | 308,438 | |
The Company evaluates each customer's creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary, by the Company upon extension of credit is based on management's credit evaluation of the customer. Collateral held varies, but may include accounts receivable, inventory, property, plant, equipment, and income-producing commercial properties. The Company's banking markets are located throughout the states of Missouri, Kansas, Oklahoma and Colorado and the Company's loan portfolio has no unusual geographic concentrations of credit risk beyond its market areas. Allowance for Credit Losses The allowance for credit losses is measured using an average historical loss model which incorporates relevant information about past events (including historical credit loss experience on loans with similar risk characteristics), current conditions, and reasonable and supportable forecasts that affect the collectability of the remaining cash flows over the contractual term of the loans. The allowance for credit losses is measured on a collective (pool) basis. Loans are aggregated into pools based on similar risk characteristics including borrower type and collateral type - construction and development, commercial, financial, and agricultural, multifamily residential real estate, non-owner occupied real estate, owner-occupied real estate, home equity lines of credit, all other residential real estate, consumer credit card, and all other consumer credit. Loans that do not share similar risk characteristics, primarily large loans on non-accrual status, are evaluated on an individual basis. For loans evaluated for credit losses on a collective basis, an average historical loss rate is calculated for each pool using the Company's historical net charge-offs (combined charge-offs and recoveries by observable historical reporting period) and outstanding loan balances during a look back period. Look back periods can be different based on the individual pool and represent management's credit expectations for the pool of loans over the remaining contractual period. Due to changes in portfolio composition, the Company's own historical loss rates are not fully reflective of loss expectations and have been augmented by industry and peer data. Therefore, the historical loss rates are augmented by peer data. The calculated average net charge-off rate is then adjusted for current conditions and reasonable and supportable forecasts. These adjustments increase or decrease the average historical loss rate to reflect expectations of future losses given a single path economic forecast of key macroeconomic variables including GDP, unemployment rate, various interest rates, HPI, and CREPI. The adjustments are based on results from various regression models projecting the impact of the macroeconomic variables to loss rates. The forecast is used for four quarters and then reverts back to historical averages using a four-quarter straight-line reversion method. The forecast adjusted loss rate is applied to the amortized cost of loans over the remaining contractual lives, adjusted for expected prepayments. The contractual term excludes expected extensions (except for contractual extensions at the option of the customer), renewals and modifications. Credit cards and certain similar consumer lines of credit, included in the individual loan totals, do not have stated maturities and therefore, for these loan classes, remaining contractual lives are determined by estimating future cash flows expected to be received from customers until payments have been fully allocated to outstanding balances. Additionally, the allowance for credit losses considers other qualitative factors not included in historical loss rates or macroeconomic forecast such as changes in portfolio composition, underwriting practices, or significant unique events or conditions. Key model assumptions in the Company's allowance for credit loss model include the economic forecast, the reasonable and supportable forecast period, prepayment assumptions and qualitative factors applied for portfolio composition changes, underwriting practices, or significant unique events or conditions. The assumptions utilized in estimating the Company's allowance for credit losses at June 30, 2026 and December 31, 2025 are discussed below. | | | | | | | | | | Key Assumption | June 30, 2026 | December 31, 2025 | | Overall economic forecast | - Forecast provided by Oxford Economics
- The baseline forecast reflects continued pressure from elevated energy prices and geopolitical uncertainty related to the Middle East conflict. The forecast assumes disruptions remain temporary and do not result in a prolonged oil supply shock.
- Moderate economic growth, elevated inflation, and a stable market are expected over the forecast horizon. | - Forecast provided by Oxford Economics
- Expect the economy to continue to expand, with strong AI related investment with no sign of slowing down
- The labor market is softening, affecting real disposable income growth. However, consumer spending is holding up with tariffs driving the cost of core goods. | | Reasonable and supportable period and related reversion period | - 4 quarter reasonable and supportable period
- 4 quarter reversion to historical average loss rates using straight line method | - 4 quarter reasonable and supportable period
- 4 quarter reversion to historical average loss rates using straight line method | | Forecasted macro-economic variables | - Unemployment remains stable at 4.3%
- GDP growth forecast of 2.6%
-Prime rate is 6.75%, declining to 6.25% at the end of the supportable forecast | - Unemployment ranging from 4.1% to 4.4%
- GDP growth forecast of 2.0%
-Prime rate is 6.75%, declining to 6.25% at the end of the supportable forecast | | Prepayment assumptions | - Commercial loan prepayment speeds of 14.4%
- Mortgage and HELOC prepayment speeds of 18.3%
- Consumer loan and credit card prepayment speeds of 15.0% | - Commercial loan prepayment speeds of 14.4%
- Mortgage and HELOC prepayment speeds of .18.3%
- Consumer loan and credit card prepayment speeds of 15.0% | | Qualitative factors | Qualitative adjustments for:
- Severe volatility in economic and geopolitical manners
- Potential impact of inflation and higher interest rates on borrower performance
- Changes in portfolio composition, concentrations, and underwriting standards | Qualitative adjustments for:
- Impact of inflation, tariffs, and interest rates on borrower ability to repay
- Economic, government policy, and geopolitical uncertainties
- Changes in portfolio composition, concentrations, and underwriting standards |
The liability for unfunded lending commitments utilizes the same model as the allowance for credit losses on loans, however, the liability for unfunded lending commitments incorporates an assumption for the portion of unfunded commitments that are expected to be funded. The unfunded commitments allowance is included within other liabilities on the consolidated balance sheets. Sensitivity in the Allowance for Credit Loss Model The allowance for credit losses is an estimate that requires significant judgment including projections of the macro-economic environment. The forecasted macro-economic environment continuously changes which can cause fluctuations in estimated expected losses. The following is a summary of the activity in the allowance for credit losses on loans and the liability for unfunded lending commitments during the three and six months ended June 30, 2026 and June 30, 2025. Included within commercial loans are the following pools – real estate development & construction, commercial real estate, owner-occupied CRE, commercial & industrial, and multifamily residential loans. Included within residential real estate are 1-4 family residential and home equity loans. Included within individual loans are consumer and credit card loans. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | | | Commercial real estate | Residential real estate | Consumer | | | Construction
&
development | Commercial, financial & agricultural | Non-owner
occupied
CRE | Owner
occupied
CRE | Residential mortgage loans | Home equity
line of
credit | Consumer
credit
card | All
other
consumer | Total | | (dollars in thousands) | | Allowance for credit losses on loans | | | | | | | | | | | Balance at beginning of period | $ | 12,219 | | $ | 25,127 | | $ | 25,607 | | $ | 10,609 | | $ | 49,028 | | $ | 5,836 | | $ | 8,603 | | $ | 12,860 | | $ | 149,889 | | | Provision for credit losses on loans | 1,154 | | 2,263 | | (847) | | (553) | | 71 | | 79 | | 887 | | 489 | | 3,543 | | | Loans charged off | - | | (960) | | - | | - | | (157) | | (39) | | (1,015) | | (2,516) | | (4,687) | | | Recoveries on loans previously charged off | 1 | | 229 | | 5 | | 385 | | 14 | | 32 | | 279 | | 727 | | 1,672 | | | Balance at end of period | $ | 13,374 | | $ | 26,659 | | $ | 24,765 | | $ | 10,441 | | $ | 48,956 | | $ | 5,908 | | $ | 8,754 | | $ | 11,560 | | $ | 150,417 | | | Liability for unfunded commitments | | | | | | | | | | | Balance at beginning of period | $ | 91 | | $ | 138 | | $ | 8 | | $ | 9 | | $ | 10 | | $ | 113 | | $ | - | | $ | - | | $ | 369 | | | Provision for credit losses on unfunded lending commitments | (1) | | (7) | | (3) | | - | | 1 | | 1 | | - | | - | | (9) | | | Balance at end of period | $ | 90 | | $ | 131 | | $ | 5 | | $ | 9 | | $ | 11 | | $ | 114 | | $ | - | | $ | - | | $ | 360 | | | Allowance for credit losses on loans and liability for unfunded lending commitments | $ | 13,464 | | $ | 26,790 | | $ | 24,770 | | $ | 10,450 | | $ | 48,967 | | $ | 6,022 | | $ | 8,754 | | $ | 11,560 | | $ | 150,777 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | | Commercial real estate | Residential real estate | Consumer | | | Construction
&
development | Commercial, financial & agricultural | Non-owner
occupied
CRE | Owner
occupied
CRE | Residential mortgage loans | Home equity
line of
credit | Consumer
credit
card | All
other
consumer | Total | | (dollars in thousands) | | Allowance for credit losses on loans | | | | | | | | | | | Balance at beginning of period | $ | 12,991 | | $ | 23,874 | | $ | 26,382 | | $ | 10,451 | | $ | 44,000 | | $ | 4,757 | | $ | 7,990 | | $ | 23,293 | | $ | 153,738 | | | Provision for credit losses on loans | 1,001 | | 1,450 | | (788) | | (8) | | 1,931 | | 334 | | 756 | | (4,717) | | (41) | | | Loans charged off | - | | (1,681) | | - | | - | | (188) | | - | | (770) | | (3,270) | | (5,909) | | | Recoveries on loans previously charged off | 3 | | 269 | | - | | 1 | | 22 | | 2 | | 181 | | 1,115 | | 1,593 | | | Balance at end of period | $ | 13,995 | | $ | 23,912 | | $ | 25,594 | | $ | 10,444 | | $ | 45,765 | | $ | 5,093 | | $ | 8,157 | | $ | 16,421 | | $ | 149,381 | | | Liability for unfunded commitments | | | | | | | | | | | Balance at beginning of period | $ | 231 | | $ | 138 | | $ | 6 | | $ | 9 | | $ | 13 | | $ | 93 | | $ | - | | $ | - | | $ | 490 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Provision for credit losses on unfunded lending commitments | 24 | | (1) | | - | | (1) | | 5 | | 7 | | - | | - | | 34 | | | Balance at end of period | $ | 255 | | $ | 137 | | $ | 6 | | $ | 8 | | $ | 18 | | $ | 100 | | $ | - | | $ | - | | $ | 524 | | | Allowance for credit losses on loans and liability for unfunded lending commitments | $ | 14,250 | | $ | 24,049 | | $ | 25,600 | | $ | 10,452 | | $ | 45,783 | | $ | 5,193 | | $ | 8,157 | | $ | 16,421 | | $ | 149,905 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | | | Commercial real estate | Residential real estate | Consumer | | | Construction
&
development | Commercial, financial & agricultural | Non-owner
occupied
CRE | Owner
occupied
CRE | Residential mortgage loans | Home equity
line of
credit | Consumer
credit
card | All
other
consumer | Total | | (dollars in thousands) | | Allowance for credit losses on loans | | | | | | | | | | | Balance at beginning of period | $ | 14,983 | | $ | 23,474 | | $ | 24,637 | | $ | 10,260 | | $ | 48,341 | | $ | 5,542 | | $ | 8,806 | | $ | 13,631 | | $ | 149,674 | | | Provision for credit losses on loans | (1,611) | | 4,335 | | (30) | | (151) | | 820 | | 387 | | 1,533 | | 1,385 | | 6,668 | | | Loans charged off | - | | (2,804) | | - | | (103) | | (240) | | (54) | | (2,136) | | (4,848) | | (10,185) | | | Recoveries on loans previously charged off | 2 | | 1,654 | | 158 | | 435 | | 35 | | 33 | | 551 | | 1,392 | | 4,260 | | | Balance at end of period | $ | 13,374 | | $ | 26,659 | | $ | 24,765 | | $ | 10,441 | | $ | 48,956 | | $ | 5,908 | | $ | 8,754 | | $ | 11,560 | | $ | 150,417 | | | Liability for unfunded commitments | | | | | | | | | | | Balance at beginning of period | 104 | | 116 | | 8 | | 7 | | 9 | | 105 | | - | | - | | 349 | | | Provision for credit losses on unfunded lending commitments | (14) | | 15 | | (3) | | 2 | | 2 | | 9 | | - | | - | | 11 | | | Balance at end of period | $ | 90 | | $ | 131 | | $ | 5 | | $ | 9 | | $ | 11 | | $ | 114 | | $ | - | | $ | - | | $ | 360 | | | Allowance for credit losses on loans and liability for unfunded lending commitments | $ | 13,464 | | $ | 26,790 | | $ | 24,770 | | $ | 10,450 | | $ | 48,967 | | $ | 6,022 | | $ | 8,754 | | $ | 11,560 | | $ | 150,777 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | | | Commercial real estate | Residential real estate | Consumer | | | | Construction
&
development | Commercial, financial & agricultural | Non-owner
occupied
CRE | Owner
occupied
CRE | Residential mortgage loans | Home equity
line of
credit | Consumer
credit
card | All
other
consumer | Total | | (dollars in thousands) | | Allowance for credit losses on loans | | | | | | | | | | | Balance at beginning of period | $ | 14,119 | | $ | 23,915 | | $ | 24,815 | | $ | 9,940 | | $ | 43,471 | | $ | 4,505 | | $ | 8,299 | | $ | 25,215 | | $ | 154,279 | | | Provision for credit losses on loans | (143) | | 1,778 | | 1,595 | | 502 | | 2,516 | | 585 | | 1,092 | | (5,054) | | 2,871 | | | Loans charged off | - | | (2,467) | | (816) | | - | | (358) | | - | | (1,604) | | (6,291) | | (11,536) | | | Recoveries on loans previously charged off | 19 | | 686 | | - | | 2 | | 136 | | 3 | | 370 | | 2,551 | | 3,767 | | | Balance at end of period | $ | 13,995 | | $ | 23,912 | | $ | 25,594 | | $ | 10,444 | | $ | 45,765 | | $ | 5,093 | | $ | 8,157 | | $ | 16,421 | | $ | 149,381 | | | Liability for unfunded commitments | | | | | | | | | | | Balance at beginning of period | 165 | | 161 | | 6 | | 10 | | 7 | | 135 | | - | | - | | 484 | | | Provision for credit losses on unfunded lending commitments | 90 | | (24) | | - | | (2) | | 11 | | (35) | | - | | - | | 40 | | | Balance at end of period | $ | 255 | | $ | 137 | | $ | 6 | | $ | 8 | | $ | 18 | | $ | 100 | | $ | - | | $ | - | | $ | 524 | | | Allowance for credit losses on loans and liability for unfunded lending commitments | $ | 14,250 | | $ | 24,049 | | $ | 25,600 | | $ | 10,452 | | $ | 45,783 | | $ | 5,193 | | $ | 8,157 | | $ | 16,421 | | $ | 149,905 | |
Age Analysis of Past Due and Nonaccrual Loans The Company considers loans past due on the day following the contractual repayment date if the contractual repayment was not received by the Company as of the end of the business day. The following table provides aging information on the Company's past due and accruing loans, in addition to the balances of loans on non-accrual status, at June 30, 2026 and December 31, 2025. Balances in the tables below represent total unpaid principal balances gross of unearned and unamortized loan fees and costs. | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Current or less than 30 days past due | 30 - 89 Days past due | 90 Days
past due
and still
accruing | Nonaccrual | Total | | Loans held for investment: | (dollars in thousands) | | Construction and development | $ | 568,747 | | $ | 532 | | $ | - | | $ | 314 | | $ | 569,593 | | | Commercial, financial & agricultural | 1,788,116 | | 1,307 | | 27 | | 10,134 | | 1,799,584 | | | Non-owner-occupied commercial real estate | 3,228,311 | | 5,104 | | - | | 16,064 | | 3,249,479 | | | Owner-occupied commercial real estate | 1,592,352 | | 1,622 | | - | | 1,892 | | 1,595,866 | | | Total commercial real estate | 4,820,663 | | 6,726 | | - | | 17,956 | | 4,845,345 | | | Total commercial loans | 7,177,526 | | 8,565 | | 27 | | 28,404 | | 7,214,522 | | | Residential mortgage loans | 3,445,712 | | 5,015 | | 1,649 | | 23,052 | | 3,475,428 | | | Home equity lines of credit | 429,878 | | 1,968 | | 65 | | 1,419 | | 433,330 | | | Consumer credit card | 97,174 | | 650 | | 283 | | - | | 98,107 | | | Other consumer loans | 453,147 | | 7,069 | | 2 | | 2,251 | | 462,469 | | | Total residential and consumer loans | 4,425,911 | | 14,702 | | 1,999 | | 26,722 | | 4,469,334 | | | Total | $ | 11,603,437 | | $ | 23,267 | | $ | 2,026 | | $ | 55,126 | | $ | 11,683,856 | |
| | | | | | | | | | | | | | | | | | | December 31, 2025 | | Current or less than 30 days past due | 30 - 89 Days past due | 90 Days past due and still accruing | Nonaccrual | Total | | Loans held for investment: | (dollars in thousands) | | Construction and development | $ | 570,668 | | $ | - | | $ | - | | $ | 81 | | $ | 570,749 | | | Commercial, financial & agricultural | 1,751,575 | | 4,097 | | 34 | | 5,581 | | 1,761,287 | | | Non-owner-occupied commercial real estate | 3,137,206 | | 4,056 | | - | | 9,007 | | 3,150,269 | | | Owner-occupied commercial real estate | 1,575,921 | | 1,797 | | - | | 2,542 | | 1,580,260 | | | Total commercial real estate | 4,713,127 | | 5,853 | | - | | 11,549 | | 4,730,529 | | | Total commercial loans | 7,035,370 | | 9,950 | | 34 | | 17,211 | | 7,062,565 | | | Residential mortgage loans | 3,283,403 | | 12,943 | | 862 | | 23,893 | | 3,321,101 | | | Home equity lines of credit | 408,114 | | 1,361 | | 167 | | 1,203 | | 410,845 | | | Consumer credit card | 96,988 | | 1,042 | | 280 | | - | | 98,310 | | | Other consumer loans | 539,260 | | 9,779 | | - | | 2,356 | | 551,395 | | | Total residential and consumer loans | 4,327,765 | | 25,125 | | 1,309 | | 27,452 | | 4,381,651 | | | Total | $ | 11,363,135 | | $ | 35,075 | | $ | 1,343 | | $ | 44,663 | | $ | 11,444,216 | |
At June 30, 2026 and December 31, 2025, the Company had $20.0 million and $16.9 million, respectively, of non-accrual commercial loans that had no allowance for credit loss. The interest income recorded on nonaccrual loans was approximately $0.6 million and $0.7 million in the first six months of 2026 and 2025, respectively. The following table provides information about the credit quality of the loan portfolio using the Company's internal rating system reflecting management's risk assessment. The pass category consists of a range of loan grades that reflect low to moderate, though still acceptable, risk. Loans are placed on watch status when (1) one or more weaknesses which could jeopardize timely liquidation exists; or (2) the margin or liquidity of an asset is sufficiently tenuous that adverse trends could result in a collection problem. Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified may have a well-defined weakness or weaknesses that jeopardize the repayment of the debt. Such loans are characterized by the distinct possibility that the Company may sustain some loss if the deficiencies are not corrected. Loans are placed on nonaccrual status when (1) deterioration in the financial condition of the borrower exists for which payment of full principal and interest is not expected, or (2) upon which principal or interest has been in default for a period of 90 days or more and the asset is not both well secured and in the process of collection. Loans are analyzed for risk rating updates as part of the annual credit review process. For larger loans, rating assessments may be more frequent if relevant information is obtained earlier through debt covenant or overall relationship management. Smaller loans are monitored as identified by the loan officer based on the risk profile of the individual borrower or if the loan becomes past due related to credit issues. Loans rated Watch, Substandard or Non-accrual may be subject to more frequent review and monitoring processes. In addition to the regular monitoring performed by the market lending personnel and credit committees, loans are subject to review by the Loan Review Department which verifies the appropriateness of the risk ratings for the loans chosen as part of its risk-based review plan. The risk category of loans in the portfolio as of June 30, 2026 and December 31, 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Term Loans Amortized Cost Basis by Origination Year | | | | 2026 | 2025 | 2024 | 2023 | 2022 | Prior | Revolving loans
amortized cost
basis | Total | | (dollars in thousands) | | Construction and development | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | $ | 53,374 | | $ | 181,698 | | $ | 175,336 | | $ | 17,220 | | $ | 53,451 | | $ | 30,966 | | $ | 43,603 | | $ | 555,648 | | | Watch | - | | 551 | | 85 | | - | | 5,379 | | - | | - | | 6,015 | | | Substandard | - | | 1,913 | | 2,612 | | - | | 2,824 | | 267 | | - | | 7,616 | | | Non-accrual | - | | - | | 240 | | - | | - | | 74 | | - | | 314 | | | Total construction and development | 53,374 | | 184,162 | | 178,273 | | 17,220 | | 61,654 | | 31,307 | | 43,603 | | 569,593 | | | Gross write-offs for the six months ended June 30, 2026 | - | | - | | - | | - | | - | | - | | - | | - | | | Commercial, financial & agricultural | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | 252,798 | | 321,865 | | 212,674 | | 116,054 | | 120,110 | | 261,748 | | 486,810 | | 1,772,059 | | | Watch | 905 | | 1,185 | | 1,433 | | 819 | | 184 | | 95 | | 2,070 | | 6,691 | | | Substandard | 88 | | 306 | | 814 | | 621 | | 383 | | 7,758 | | 729 | | 10,699 | | | Non-accrual | - | | - | | 3,842 | | 1,412 | | 680 | | 4,201 | | - | | 10,135 | | | Total commercial, financial & agricultural | 253,791 | | 323,356 | | 218,763 | | 118,906 | | 121,357 | | 273,802 | | 489,609 | | 1,799,584 | | | Gross write-offs for the six months ended June 30, 2026 | 57 | | 745 | | 331 | | 240 | | 418 | | 429 | | 584 | | 2,804 | | | Non-owner occupied CRE | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | 238,427 | | 427,368 | | 285,060 | | 272,251 | | 542,942 | | 1,330,240 | | 45,710 | | 3,141,998 | | | Watch | - | | 2,934 | | 912 | | 2,585 | | 21,208 | | 21,442 | | 340 | | 49,421 | | | Substandard | - | | - | | 910 | | - | | 20,470 | | 20,616 | | - | | 41,996 | | | Non-accrual | - | | - | | - | | 4,095 | | 9,126 | | 2,843 | | - | | 16,064 | | | Total non-owner occupied CRE | 238,427 | | 430,302 | | 286,882 | | 278,931 | | 593,746 | | 1,375,141 | | 46,050 | | 3,249,479 | | | Gross write-offs for the six months ended June 30, 2026 | - | | - | | - | | - | | - | | - | | - | | - | | | Owner occupied CRE | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | 119,411 | | 234,705 | | 120,139 | | 105,118 | | 162,987 | | 668,177 | | 115,993 | | 1,526,530 | | | Watch | 388 | | 4,027 | | 4,649 | | 2,563 | | 3,281 | | 16,098 | | 5,137 | | 36,143 | | | Substandard | 1,379 | | 33 | | 2,011 | | 3,623 | | 13,611 | | 9,109 | | 1,535 | | 31,301 | | | Non-accrual | - | | - | | - | | 70 | | 825 | | 997 | | - | | 1,892 | | | Total owner occupied CRE | 121,178 | | 238,765 | | 126,799 | | 111,374 | | 180,704 | | 694,381 | | 122,665 | | 1,595,866 | | | Gross write-offs for the six months ended June 30, 2026 | 48 | | - | | - | | - | | - | | 55 | | - | | 103 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential mortgage loans | | | | | | | | | | | | | | | | | | | Accrual | 545,526 | | 810,454 | | 422,875 | | 367,340 | | 489,823 | | 758,634 | | 57,724 | | 3,452,376 | | | Non-accrual | - | | 263 | | 5,526 | | 8,522 | | 2,648 | | 6,093 | | - | | 23,052 | | | Total Residential mortgage loans | 545,526 | | 810,717 | | 428,401 | | 375,862 | | 492,471 | | 764,727 | | 57,724 | | 3,475,428 | | | Gross write-offs for the six months ended June 30, 2026 | 105 | | - | | 93 | | 42 | | - | | - | | - | | 240 | | | Home equity lines of credit | | | | | | | | | | | | | | | | | | | Accrual | 1,406 | | 78 | | 408 | | 6 | | 214 | | 2,521 | | 427,278 | | 431,911 | | | Non-accrual | - | | - | | - | | - | | - | | - | | 1,419 | | 1,419 | | | Total home equity lines of credit | 1,406 | | 78 | | 408 | | 6 | | 214 | | 2,521 | | 428,697 | | 433,330 | | | Gross write-offs for the six months ended June 30, 2026 | 54 | | - | | - | | - | | - | | - | | - | | 54 | | | Consumer credit card | | | | | | | | | | | | | | | | | | | Current | - | | - | | - | | - | | - | | - | | 97,174 | | 97,174 | | | 30-89 days | - | | - | | - | | - | | - | | - | | 650 | | 650 | | | 90+days | - | | - | | - | | - | | - | | - | | 283 | | 283 | | | Total consumer credit card | - | | - | | - | | - | | - | | - | | 98,107 | | 98,107 | | | Gross write-offs for the six months ended June 30, 2026 | - | | - | | - | | - | | - | | - | | 2,136 | | 2,136 | | | All other consumer | | | | | | | | | | | | | | | | | | | Current | 55,830 | | 80,948 | | 77,730 | | 82,551 | | 67,849 | | 60,533 | | 27,706 | | 453,147 | | | 30-89 days | 163 | | 856 | | 1,262 | | 1,871 | | 1,530 | | 1,387 | | - | | 7,069 | | | 90+ days | 2 | | - | | - | | - | | - | | - | | - | | 2 | | | Non-accrual | 2 | | 401 | | 266 | | 550 | | 539 | | 493 | | - | | 2,251 | | | Total all other consumer | 55,997 | | 82,205 | | 79,258 | | 84,972 | | 69,918 | | 62,413 | | 27,706 | | 462,469 | | | Gross write-offs for the six months ended June 30, 2026 | 744 | | 570 | | 756 | | 1,244 | | 1,006 | | 528 | | - | | 4,848 | | | Total loans | $ | 1,269,699 | | $ | 2,069,585 | | $ | 1,318,784 | | $ | 987,271 | | $ | 1,520,064 | | $ | 3,204,292 | | $ | 1,314,161 | | $ | 11,683,856 | | | Gross write-offs for the six months ended June 30, 2026 | 1,008 | | 1,315 | | 1,180 | | 1,526 | | 1,424 | | 1,012 | | 2,720 | | 10,185 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Term Loans Amortized Cost Basis by Origination Year | | | | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Revolving loans
amortized cost
basis | Total | | (dollars in thousands) | | Construction and development | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | $ | 165,449 | | $ | 207,312 | | $ | 27,395 | | $ | 71,348 | | $ | 36,631 | | $ | 17,334 | | $ | 32,568 | | $ | 558,037 | | | Watch | 529 | | 244 | | 1,486 | | 3,490 | | - | | - | | - | | 5,749 | | | Substandard | - | | - | | 4,095 | | 2,266 | | - | | 521 | | - | | 6,882 | | | Non-accrual | - | | - | | - | | - | | - | | 81 | | - | | 81 | | | Total construction and development | 165,978 | | 207,556 | | 32,976 | | 77,104 | | 36,631 | | 17,936 | | 32,568 | | 570,749 | | | Gross write-offs for the year ended December 31, 2025 | - | | - | | - | | - | | - | | 14 | | - | | 14 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Term Loans Amortized Cost Basis by Origination Year | | | | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Revolving loans
amortized cost
basis | Total | | (dollars in thousands) | | Commercial, financial & agricultural | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | 383,642 | | 257,121 | | 147,877 | | 154,197 | | 94,111 | | 211,879 | | 475,596 | | 1,724,423 | | | Watch | 1,883 | | 1,294 | | 891 | | 652 | | 98 | | 204 | | 1,082 | | 6,104 | | | Substandard | 1,981 | | 1,428 | | 1,113 | | 1,242 | | 7,922 | | 11,211 | | 282 | | 25,179 | | | Non-accrual | 38 | | 47 | | 1,439 | | 2,990 | | 47 | | 315 | | 705 | | 5,581 | | | Total commercial, financial & agricultural | 387,544 | | 259,890 | | 151,320 | | 159,081 | | 102,178 | | 223,609 | | 477,665 | | 1,761,287 | | | Gross write-offs for the year ended December 31, 2025 | 1,393 | | 358 | | 1,148 | | 824 | | 100 | | 746 | | 180 | | 4,749 | | | Non-owner occupied CRE | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | 417,956 | | 257,298 | | 270,435 | | 572,181 | | 421,783 | | 1,063,545 | | 33,545 | | 3,036,743 | | | Watch | - | | 527 | | 237 | | 6,487 | | - | | 49,660 | | 387 | | 57,298 | | | Substandard | - | | 921 | | - | | 23,488 | | 9,538 | | 13,274 | | - | | 47,221 | | | Non-accrual | - | | - | | - | | 6,164 | | 25 | | 2,818 | | - | | 9,007 | | | Total non-owner occupied CRE | 417,956 | | 258,746 | | 270,672 | | 608,320 | | 431,346 | | 1,129,297 | | 33,932 | | 3,150,269 | | | Gross write-offs for the year ended December 31, 2025 | - | | - | | - | | - | | - | | 816 | | - | | 816 | | | Owner occupied CRE | | | | | | | | | | Risk Rating | | | | | | | | | | Pass | 231,225 | | 132,459 | | 110,736 | | 173,201 | | 235,419 | | 517,212 | | 111,649 | | 1,511,901 | | | Watch | 1,133 | | 1,154 | | 4,080 | | 3,006 | | 5,634 | | 16,519 | | 1,229 | | 32,755 | | | Substandard | 418 | | 2,050 | | 3,623 | | 15,059 | | 904 | | 9,137 | | 1,871 | | 33,062 | | | Non-accrual | - | | - | | 72 | | 1,182 | | 259 | | 1,029 | | - | | 2,542 | | | Total owner occupied CRE | 232,776 | | 135,663 | | 118,511 | | 192,448 | | 242,216 | | 543,897 | | 114,749 | | 1,580,260 | | | Gross write-offs for the year ended December 31, 2025 | - | | - | | - | | 384 | | - | | - | | - | | 384 | | | Residential mortgage loans | | | | | | | | | | | | | | | | | | | Accrual | 912,652 | | 544,631 | | 429,302 | | 529,876 | | 394,244 | | 440,662 | | 45,841 | | 3,297,208 | | | Non-accrual | 510 | | 4,328 | | 8,425 | | 3,002 | | 4,121 | | 3,507 | | - | | 23,893 | | | Total Residential mortgage loans | 913,162 | | 548,959 | | 437,727 | | 532,878 | | 398,365 | | 444,169 | | 45,841 | | 3,321,101 | | | Gross write-offs for the year ended December 31, 2025 | 263 | | 30 | | 189 | | 158 | | 91 | | - | | - | | 731 | | Home equity lines of credit | | | | | | | | | | | | | | | | | | | Accrual | 1,061 | | 16 | | 598 | | 99 | | 249 | | 2,707 | | 404,912 | | 409,642 | | | Non-accrual | - | | - | | - | | - | | - | | - | | 1,203 | | 1,203 | | | Total home equity lines of credit | 1,061 | | 16 | | 598 | | 99 | | 249 | | 2,707 | | 406,115 | | 410,845 | | | Gross write-offs for the year ended December 31, 2025 | 25 | | - | | - | | - | | - | | - | | 39 | | 64 | | | Consumer credit card | | | | | | | | | | | | | | | | | | | Current | - | | - | | - | | - | | - | | - | | 96,988 | | 96,988 | | | 30-89 days | - | | - | | - | | - | | - | | - | | 1,042 | | 1,042 | | | 90+days | - | | - | | - | | - | | - | | - | | 280 | | 280 | | | Total consumer credit card | - | | - | | - | | - | | - | | - | | 98,310 | | 98,310 | | | Gross write-offs for the year ended December 31, 2025 | - | | - | | - | | - | | - | | - | | 3,452 | | 3,452 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Term Loans Amortized Cost Basis by Origination Year | | | | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Revolving loans
amortized cost
basis | Total | | (dollars in thousands) | | All other consumer | | | | | | | | | | | | | | | | | | | Current | 108,542 | | 103,299 | | 109,084 | | 95,649 | | 46,525 | | 36,933 | | 39,228 | | 539,260 | | | 30-89 days | 647 | | 1,573 | | 2,400 | | 2,872 | | 1,424 | | 863 | | - | | 9,779 | | | 90+ days | - | | - | | - | | - | | - | | - | | - | | - | | | Non-accrual | 201 | | 259 | | 673 | | 605 | | 360 | | 258 | | - | | 2,356 | | | Total all other consumer | 109,390 | | 105,131 | | 112,157 | | 99,126 | | 48,309 | | 38,054 | | 39,228 | | 551,395 | | | Gross write-offs for the year ended December 31, 2025 | 3,172 | | 1,201 | | 2,004 | | 2,112 | | 1,285 | | 1,212 | | - | | 10,986 | | | Total loans | $ | 2,227,867 | | $ | 1,515,961 | | $ | 1,123,961 | | $ | 1,669,056 | | $ | 1,259,294 | | $ | 2,399,669 | | $ | 1,248,408 | | $ | 11,444,216 | | | Gross write-offs for the year ended December 31, 2025 | $ | 4,853 | | $ | 1,589 | | $ | 3,341 | | $ | 3,478 | | $ | 1,476 | | $ | 2,788 | | $ | 3,671 | | $ | 21,196 | |
Collateral-dependent loans The Company's collateral-dependent loans are comprised of loans where repayment of the loan is dependent on the sale or operation of the collateral. The Company requires that collateral-dependent loans be either over-collateralized or carry collateral equal to the amortized cost of the loan. The following table presents the amortized cost basis of collateral-dependent loans as of June 30, 2026 and December 31, 2025, by the expected source of repayment. | | | | | | | | | | | | | June 30, 2026 | | Real Estate | Business Assets | Total | | (dollars in thousands) | | Construction and development | $ | 1,414 | | $ | - | | $ | 1,414 | | | Commercial, financial & agricultural | - | | 9,741 | | 9,741 | | | Non-owner-occupied commercial real estate | 16,143 | | - | | 16,143 | | | Owner-occupied commercial real estate | 3,705 | | - | | 3,705 | | | Residential mortgage loans | 419 | | - | | 419 | | | Home equity lines of credit | 28 | | - | | 28 | | | | | | | | | | | Total | $ | 21,709 | | $ | 9,741 | | $ | 31,450 | |
| | | | | | | | | | | | | December 31, 2025 | | Real Estate | Business Assets | Total | | (dollars in thousands) | | Construction and development | $ | 2,530 | | $ | - | | $ | 2,530 | | | Commercial, financial & agricultural | - | | 4,404 | | 4,404 | | | Non-owner-occupied commercial real estate | 9,029 | | - | | 9,029 | | | Owner-occupied commercial real estate | 4,049 | | - | | 4,049 | | | Residential mortgage loans | 616 | | - | | 616 | | | Home equity lines of credit | - | | - | | - | | | | | | | | | | | Total | $ | 16,224 | | $ | 4,404 | | $ | 20,628 | |
Modifications for borrowers experiencing financial difficulty The Company adopted ASU 2022-02 on January 1, 2023 which required that the Company evaluate whether modifications represent a new loan or a continuation of existing loans. When borrowers are experiencing financial difficulty, the Company may agree to modify the contractual terms of a loan to a borrower to assist the borrower in repaying principal and interest owed to the Company. The Company's modification of loans to borrowers experiencing financial difficulty are generally in the form of term extensions, repayment plans, payment deferrals, forbearance agreements, interest rate reductions, forgiveness of interest and/or fees, or any combination thereof. Commercial loans modified to borrowers experiencing financial difficulty are primarily loans that are substandard or non-accrual, where the maturity date was extended. Modifications on personal real estate loans are primarily those placed on forbearance plans, repayment plans, or deferral plans where monthly payments are suspended for a period of time or past due amounts are paid off over a certain period of time in the future or set up as a balloon payment at maturity. Modifications to certain credit card and other small consumer loans are often modified under debt counseling programs that can reduce the contractual rate, or, in certain instances, forgive certain fees and interest charges. Other consumer loans modified to borrowers experiencing financial difficulty consist of various other workout arrangements with consumer customers. The following tables present the amortized cost at June 30, 2026 and 2025 of loans that were modified during the three and six months ended June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | Term
Extension | Payment
Delay | Interest Rate
Reduction | Interest/Fees
Forgiven | Other | Total | % of Total Loan Category | | | (dollars in thousands) | | Construction and development | $ | 6,632 | | $ | - | | $ | - | | $ | - | | $ | - | | $ | 6,632 | | 1.16 | % | | Commercial, financial & agricultural | 6,458 | | 1,666 | | - | | - | | - | | 8,124 | | 0.45 | % | | Non-owner occupied CRE | 15,064 | | - | | - | | 6,369 | | - | | 21,433 | | 0.66 | % | | Owner occupied CRE | 8,907 | | 316 | | - | | - | | - | | 9,223 | | 0.58 | % | | Total commercial real estate | 23,971 | | 316 | | - | | 6,369 | | - | | 30,656 | | 0.63 | % | | Residential mortgage loans | 1,600 | | - | | 1,022 | | - | | - | | 2,622 | | 0.08 | % | | Home equity lines of credit | 398 | | - | | - | | - | | - | | 398 | | 0.09 | % | | Total residential loans | 1,998 | | - | | 1,022 | | - | | - | | 3,020 | | 0.08 | % | | All other consumer | - | | - | | 180 | | - | | - | | 180 | | 0.03 | % | | Total | $ | 39,059 | | $ | 1,982 | | $ | 1,202 | | $ | 6,369 | | $ | - | | $ | 48,612 | | 0.42 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Term Extension | Payment Delay | Interest Rate Reduction | Interest/Fees Forgiven | Other | Total | % of Total Loan Category | | | (dollars in thousands) | | Construction and development | $ | - | | $ | - | | $ | - | | $ | - | | $ | - | | $ | - | | - | % | | Commercial, financial & agricultural | 945 | | 148 | | 3,216 | | - | | - | | 4,309 | | 0.24 | % | | Non-owner occupied CRE | 189 | | - | | - | | - | | - | | 189 | | 0.02 | % | | Owner occupied CRE | 617 | | 423 | | - | | - | | - | | 1,040 | | 0.07 | % | | Total commercial real estate | 806 | | 423 | | - | | - | | - | | 1,229 | | 0.03 | % | | Residential mortgage loans | 1,185 | | 439 | | 530 | | - | | - | | 2,154 | | 0.07 | % | | Home equity lines of credit | 90 | | - | | - | | - | | - | | 90 | | 0.02 | % | | Total residential loans | 1,275 | | 439 | | 530 | | - | | - | | 2,244 | | 0.07 | % | All other consumer | 396 | | - | | 149 | | - | | - | | 545 | | 0.07 | % | | Total | $ | 3,422 | | $ | 1,010 | | $ | 3,895 | | $ | - | | $ | - | | $ | 8,327 | | 0.07 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | Term Extension | Payment Delay | Interest Rate Reduction | Interest/Fees Forgiven | Other | Total | % of Total Loan Category | | | (dollars in thousands) | | Construction and development | $ | 6,632 | | $ | - | | $ | - | | $ | - | | $ | - | | $ | 6,632 | | 1.16 | % | | Commercial, financial & agricultural | 6,970 | | 1,666 | | - | | - | | - | | 8,636 | | 0.48 | % | | Non-owner occupied CRE | 22,149 | | 885 | | - | | 6,369 | | - | | 29,403 | | 0.90 | % | | Owner occupied CRE | 9,394 | | 538 | | - | | - | | - | | 9,932 | | 0.62 | % | | Total commercial real estate | 31,543 | | 1,423 | | - | | 6,369 | | - | | 39,335 | | 0.81 | % | | Residential mortgage loans | 4,024 | | - | | 1,522 | | - | | 257 | | 5,803 | | 0.17 | % | | Home equity lines of credit | 398 | | - | | - | | - | | - | | 398 | | 0.09 | % | | Total residential loans | 4,422 | | - | | 1,522 | | - | | 257 | | 6,201 | | 0.16 | % | All other consumer | 29 | | - | | 322 | | - | | - | | 351 | | 0.06 | % | | Total | $ | 49,596 | | 3,089 | | 1,844 | | 6,369 | | 257 | | 61,155 | | 0.52 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | Term Extension | Payment Delay | Interest Rate Reduction | Interest/Fees Forgiven | Other | Total | % of Total Loan Category | | | (dollars in thousands) | | Construction and development | $ | 119 | | $ | - | | $ | - | | $ | - | | $ | - | | $ | 119 | | 0.02 | % | | Commercial, financial & agricultural | 1,054 | | 148 | | 3,222 | | 184 | | - | | 4,608 | | 0.26 | % | | Non-owner occupied CRE | 9,241 | | - | | - | | - | | - | | 9,241 | | 0.40 | % | | Owner occupied CRE | 2,222 | | 423 | | - | | 1,720 | | - | | 4,365 | | 0.27 | % | | Total commercial real estate | 11,463 | | 423 | | - | | 1,720 | | - | | 13,606 | | 0.28 | % | | Residential mortgage loans | 2,372 | | 714 | | 1,772 | | 50 | | - | | 4,908 | | 0.17 | % | | Home equity lines of credit | 90 | | - | | - | | - | | - | | 90 | | 0.02 | % | | Total residential loans | 2,462 | | 714 | | 1,772 | | 50 | | - | | 4,998 | | 0.15 | % | All other consumer | 653 | | - | | 232 | | - | | - | | 885 | | 0.12 | % | | Total | $ | 15,751 | | 1,285 | | 5,226 | | 1,954 | | - | | 24,216 | | 0.21 | % |
The estimate of lifetime expected losses utilized in the allowance for credit losses model is developed using average historical experience on loans with similar risk characteristics, which includes losses from modifications of loans to borrowers experiencing financial difficulty. As a result, a change to the allowance for credit losses is generally not recorded upon modification. For modifications to loans made to borrowers experiencing financial difficulty that are placed on nonaccrual status, the Company determines the allowance for credit losses on an individual evaluation, using the same process that it utilizes for other loans on nonaccrual status. If a loan to a borrower experiencing financial difficulty is modified and when full and timely collection becomes uncertain, the allowance for credit losses continues to be based on individual evaluation, if that loan is already on nonaccrual status. For those loans, the allowance for credit losses is estimated using discounted expected cash flows or the fair value of collateral. If an accruing loan made to a borrower experiencing financial difficulty is modified and subsequently deemed uncollectible, the loan's risk rating is downgraded to nonaccrual status and the loan's related allowance for credit losses is determined based on individual evaluation, or if necessary, the loan is charged off and collection efforts begin. The following tables summarize the financial impact of loan modifications and payment deferrals during the year ended June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | Interest/Fees Forgiveness | Weighted-Average Months of Deferred Payments | | Weighted-Average Months of Term Extensions | | Weighted-Average Interest Rate Reduction | | (dollars in thousands) | | Construction and development | $ | - | | | | 2 | | - | % | | Commercial, financial & agricultural | - | | 26 | | 6 | | - | | Non-owner-occupied commercial real estate | 13 | | 113 | | 4 | | - | | Owner-occupied commercial real estate | - | | 29 | | 11 | | - | | Residential real estate | - | | | | 25 | | 6.22 | % | | Home equity lines of credit | - | | | | 12 | | - | | All other consumer | - | | | | 2 | | 7.83 | % | | Total | $ | 13 | | | | | | |
| | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | Interest/Fees Forgiveness | Weighted-Average Months of Deferred Payments | | Weighted-Average Months of Term Extensions | | Weighted-Average Interest Rate Reduction | | (dollars in thousands) | | Construction and development | $ | - | | | | | | - | % | | Commercial, financial & agricultural | - | | | | 24 | | 7.67 | % | | Non-owner-occupied commercial real estate | - | | | | 24 | | - | | | Owner-occupied commercial real estate | 4 | | 39 | | | | - | | | Residential real estate | 4 | | 4 | | 36 | | 6.81 | % | | Home equity lines of credit | - | | | | | | - | | | All other consumer | - | | | | 4 | | 7.20 | % | | Total | $ | 8 | | | | | | |
The following table provides the amortized cost basis of loans to borrowers experiencing financial difficulty that had a payment default during the six months ended June 30, 2026 and 2025 and were modified within the 12 months preceding the payment default. For purposes of this disclosure, the Company considers “default” to mean 90 days or more past due as to interest or principal. | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | Term Extension | Payment Delay | Interest Rate Reduction | Interest/Fees Forgiven | Other | Total | % of Total Loan Category | | | (dollars in thousands) | | Construction and development | $ | 117 | | $ | - | | $ | - | | $ | - | | $ | - | | $ | 117 | | 0.02 | % | | Commercial, financial & agricultural | 6 | | - | | - | | - | | - | | 6 | | 0.00 | % | | Non-owner-occupied CRE | 1,453 | | - | | - | | - | | 6,069 | | 7,522 | | 0.23 | % | | Owner occupied CRE | - | | 827 | | - | | - | | - | | 827 | | 0.05 | % | | Total commercial real estate | 1,453 | | 827 | | - | | - | | 6,069 | | 8,349 | | 0.17 | % | | Residential mortgage loans | 64 | | - | | - | | - | | - | | 64 | | 0.00 | % | | Home equity lines of credit | - | | - | | - | | - | | - | | - | | 0.00 | % | | Total residential loans | 64 | | | | | | | | | | 64 | | 0.00 | % | All other consumer | 54 | | - | | 107 | | - | | - | | 162 | | 0.03 | % | | Total | $ | 1,695 | | $ | 827 | | $ | 107 | | $ | - | | $ | 6,069 | | $ | 8,698 | | 0.07 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | Term Extension | Payment Delay | Interest Rate Reduction | Interest/Fees Forgiven | Other | Total | % of Total Loan Category | | | (dollars in thousands) | | Construction and development | $ | 1,877 | | $ | - | | $ | - | | $ | - | | $ | - | | $ | 1,877 | | 0.24 | % | | Commercial, financial & agricultural | 70 | | - | | 187 | | - | | - | | 257 | | 0.01 | % | Non-owner occupied CRE | 3,598 | | 438 | | - | | 5,663 | | - | | 9,699 | | 0.42 | % | | Owner occupied CRE | 761 | | - | | - | | - | | - | | 761 | | 0.05 | % | | Total commercial real estate | 4,359 | | 438 | | - | | 5,663 | | - | | 10,460 | | 0.22 | % | | Residential mortgage loans | 1,182 | | - | | - | | - | | - | | 1,182 | | 0.04 | % | | Home equity lines of credit | - | | - | | - | | - | | - | | - | | 0.00 | % | | Total residential loans | 1,182 | | | | | | | | | | 1,182 | | 0.04 | % | All other consumer | 280 | | - | | 154 | | - | | - | | 434 | | 0.06 | % | | Total | $ | 7,768 | | $ | 438 | | $ | 341 | | $ | 5,663 | | $ | - | | $ | 14,210 | | 0.13 | % |
The following tables include the end of period balances by past due status and non-accrual performance for modifications to troubled borrowers modified in the previous twelve-month period by portfolio segment as of June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Current | 30-89 Days Past Due | 90 Days
Past Due | Non-accrual | Total | | (dollars in thousands) | | Construction and development | $ | 7,356 | | $ | - | | $ | - | | $ | 191 | | $ | 7,547 | | | Commercial, financial & agricultural | 929 | | 501 | | - | | 7,967 | | 9,397 | | | Non-owner-occupied commercial real estate | 20,931 | | 1,386 | | - | | 13,154 | | 35,471 | | | Owner-occupied commercial real estate | 12,079 | | - | | - | | 940 | | 13,019 | | | Total commercial real estate | 33,010 | | 1,386 | | - | | 14,094 | | 48,490 | | | Residential mortgage loans | 3,266 | | 144 | | - | | 5,172 | | 8,582 | | | Home equity lines of credit | 398 | | - | | - | | - | | 398 | | | Total residential loans | 3,664 | | 144 | | - | | 5,172 | | 8,980 | | | All other consumer | 466 | | 48 | | - | | 115 | | 629 | | | Total | $ | 45,425 | | $ | 2,079 | | $ | - | | $ | 27,539 | | $ | 75,043 | |
| | | | | | | | | | | | | | | | | | | June 30, 2025 | | Current | 30-89 Days Past Due | 90 Days Past Due | Non-accrual | Total | | (dollars in thousands) | | Construction and development | $ | 534 | | $ | 119 | | $ | - | | $ | 1,735 | | $ | 2,388 | | | Commercial, financial & agricultural | 10,749 | | - | | - | | 187 | | 10,936 | | | Non-owner-occupied commercial real estate | 10,544 | | - | | - | | 11,221 | | 21,765 | | | Owner-occupied commercial real estate | 7,273 | | - | | - | | 1,609 | | 8,882 | | | Total commercial real estate | 17,817 | | - | | - | | 12,830 | | 30,647 | | | Residential mortgage loans | 4,041 | | - | | - | | 5,821 | | 9,862 | | | Home equity lines of credit | - | | - | | - | | - | | - | | | Total residential loans | 4,041 | | - | | - | | 5,821 | | 9,862 | | | All other consumer | 2,508 | | 196 | | 81 | | 154 | | 2,939 | | | Total | $ | 35,649 | | $ | 315 | | $ | 81 | | $ | 20,727 | | $ | 56,772 | |
The Company had commitments of $1.4 million and $0.6 million at June 30, 2026 and December 31, 2025, respectively, to lend additional funds to borrowers experiencing financial difficulty and for whom the Company has modified the terms of loans.
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