Loans and Leases

6 Months Ended

Jun. 30, 2023

Receivables [Abstract]

Loans and Leases

Loans and Leases

Summary of Major Loan and Lease Categories

(Dollars in thousands)	At June 30, 2023		At December 31, 2022
Commercial, financial and agricultural	$	1,039,265	$	1,088,928
Real estate-commercial	3,221,993		3,027,955
Real estate-construction	413,404		381,811
Real estate-residential secured for business purpose	517,521		478,254
Real estate-residential secured for personal purpose	832,632		730,395
Real estate-home equity secured for personal purpose	175,090		176,699
Loans to individuals	25,544		27,873
Lease financings	236,789		211,315
Total loans and leases held for investment, net of deferred income	$	6,462,238	$	6,123,230
Less: Allowance for credit losses, loans and leases	(82,709)		(79,004)
Net loans and leases held for investment	$	6,379,529	$	6,044,226
Imputed interest on lease financings, included in the above table	$	(27,307)	$	(21,932)
Net deferred costs, included in the above table	7,051		6,053
Overdraft deposits included in the above table	466		93

Age Analysis of Past Due Loans and Leases

The following presents, by class of loans and leases held for investment, an aging of past due loans and leases, loans and leases which are current and nonaccrual loans and leases at June 30, 2023 and December 31, 2022:

	Accruing Loans and Leases
(Dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or more Past Due		Total Past Due		Current		Total Accruing Loans and Leases		Nonaccrual Loans and Leases		Total Loans and Leases Held for Investment
At June 30, 2023
Commercial, financial and agricultural	$	2,216	$	747	$	—	$	2,963	$	1,035,085	$	1,038,048	$	1,217	$	1,039,265
Real estate—commercial real estate and construction:
Commercial real estate	1,465		285		—		1,750		3,215,838		3,217,588		4,405		3,221,993
Construction	613		—		—		613		406,589		407,202		6,202		413,404
Real estate—residential and home equity:
Residential secured for business purpose	2,451		831		—		3,282		513,207		516,489		1,032		517,521
Residential secured for personal purpose	4,956		2,714		—		7,670		823,808		831,478		1,154		832,632
Home equity secured for personal purpose	482		68		—		550		173,656		174,206		884		175,090
Loans to individuals	73		59		13		145		25,399		25,544		—		25,544
Lease financings	626		253		42		921		235,675		236,596		193		236,789
Total	$	12,882	$	4,957	$	55	$	17,894	$	6,429,257	$	6,447,151	$	15,087	$	6,462,238

	Accruing Loans and Leases
(Dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or more Past Due		Total Past Due		Current		Total Accruing Loans and Leases		Nonaccrual Loans and Leases		Total Loans and Leases Held for Investment
At December 31, 2022
Commercial, financial and agricultural	$	1,616	$	343	$	—	$	1,959	$	1,081,897	$	1,083,856	$	5,072	$	1,088,928
Real estate—commercial real estate and construction:
Commercial real estate	3,281		290		20		3,591		3,019,827		3,023,418		4,537		3,027,955
Construction	315		—		—		315		381,496		381,811		—		381,811
Real estate—residential and home equity:
Residential secured for business purpose	375		203		263		841		476,400		477,241		1,013		478,254
Residential secured for personal purpose	4,127		162		319		4,608		723,798		728,406		1,989		730,395
Home equity secured for personal purpose	953		225		—		1,178		174,781		175,959		740		176,699
Loans to individuals	32		153		39		224		27,649		27,873		—		27,873
Lease financings	3,555		341		234		4,130		207,183		211,313		2		211,315
Total	$	14,254	$	1,717	$	875	$	16,846	$	6,093,031	$	6,109,877	$	13,353	$	6,123,230

Nonperforming Loans and Leases

The following presents, by class of loans and leases, nonperforming loans and leases at June 30, 2023 and December 31, 2022.

	At June 30, 2023						At December 31, 2022
(Dollars in thousands)	Nonaccrual Loans and Leases		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases		Nonaccrual Loans and Leases		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases
Commercial, financial and agricultural	$	1,217	$	—	$	1,217	$	5,072	$	—	$	5,072
Real estate—commercial real estate and construction:
Commercial real estate	4,405		—		4,405		4,537		20		4,557
Construction	6,202		—		6,202		—		—		—
Real estate—residential and home equity:
Residential secured for business purpose	1,032		—		1,032		1,013		263		1,276
Residential secured for personal purpose	1,154		—		1,154		1,989		319		2,308
Home equity secured for personal purpose	884		—		884		740		—		740
Loans to individuals	—		13		13		—		39		39
Lease financings	193		42		235		2		234		236
Total	$	15,087	$	55	$	15,142	$	13,353	$	875	$	14,228

The following table presents the amortized cost basis of loans and leases held for investment on nonaccrual status and loans and leases held for investment 90 days or more past due and still accruing as of June 30, 2023 and December 31, 2022.

(Dollars in thousands)	Nonaccrual With No Allowance for Credit Losses		Nonaccrual With Allowance for Credit Losses		Total Nonaccrual		Loans and Leases 90 Days or more Past Due and Accruing Interest
At June 30, 2023
Commercial, financial and agricultural	$	628	$	589	$	1,217	$	—
Real estate-commercial	4,405		—		4,405		—
Real estate-construction	6,202		—		6,202		—
Real estate-residential secured for business purpose	1,032		—		1,032		—
Real estate-residential secured for personal purpose	1,154		—		1,154		—
Real estate-home equity secured for personal purpose	884		—		884		—
Loans to individuals	—		—		—		13
Lease financings	—		193		193		42
Total	$	14,305	$	782	$	15,087	$	55
At December 31, 2022
Commercial, financial and agricultural	$	225	$	4,847	$	5,072	$	—
Real estate-commercial	4,537		—		4,537		20
Real estate-residential secured for business purpose	1,013		—		1,013		263
Real estate-residential secured for personal purpose	1,989		—		1,989		319
Real estate-home equity secured for personal purpose	740		—		740		—
Loans to individuals	—		—		—		39
Lease financings	—		2		2		234
Total	$	8,504	$	4,849	$	13,353	$	875

For the six months ended June 30, 2023, $65 thousand of interest income was recognized on nonaccrual loans and leases.

The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of June 30, 2023 and December 31, 2022.

(Dollars in thousands)	Real Estate		Other (1)		None		Total
At June 30, 2023
Commercial, financial and agricultural	$	803	$	414	$	—	$	1,217
Real estate-commercial	4,405		—		—		4,405
Real estate-construction	6,202		—		—		6,202
Real estate-residential secured for business purpose	1,032		—		—		1,032
Real estate-residential secured for personal purpose	1,154		—		—		1,154
Real estate-home equity secured for personal purpose	884		—		—		884
Lease financings	—		193		—		193
Total	$	14,480	$	607	$	—	$	15,087
(Dollars in thousands)	Real Estate		Other (1)		None (2)		Total
At December 31, 2022
Commercial, financial and agricultural	$	2,743	$	—	$	2,329	$	5,072
Real estate-commercial	4,537		—		—		4,537
Real estate-residential secured for business purpose	1,013		—		—		1,013
Real estate-residential secured for personal purpose	1,989		—		—		1,989
Real estate-home equity secured for personal purpose	740		—		—		740
Lease financings	—		2		—		2
Total	$	11,022	$	2	$	2,329	$	13,353

(1) Collateral consists of business assets, including accounts receivable, personal property and equipment.

(2) Loans fully guaranteed by the SBA or fully reserved given lack of collateral.

Credit Quality Indicators

The Corporation categorizes risk based on relevant information about the ability of the borrower to service their debt. Loans with a relationship balance of less than $1 million are reviewed when necessary based on their performance, primarily when such loans are delinquent. Loans with relationships greater than $1 million are reviewed at least annually. Loan relationships with a higher risk profile or classified as special mention or substandard are reviewed at least quarterly. The Corporation reviews credit quality key risk indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2022. The following is a description of the internal risk ratings and the likelihood of loss related to the credit quality of commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose loans.

1.Pass—Loans considered satisfactory with no indications of deterioration

2.Special Mention—Potential weakness that deserves management's close attention

3.Substandard—Well-defined weakness or weaknesses that jeopardize the liquidation of the debt

4.Doubtful—Collection or liquidation in-full, on the basis of current existing facts, conditions and values, highly questionable and improbable

Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose loans by credit quality indicator at June 30, 2023 and December 31, 2022.

	Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
At June 30, 2023
Commercial, Financial and Agricultural
Risk Rating
1. Pass	$	91,064	$	164,694	$	143,438	$	30,955	$	23,380	$	62,174	$	473,017	$	1,184	$	989,906
2. Special Mention	—		1,390		9,803		2,177		6,881		—		18,400		—		38,651
3. Substandard	—		899		522		—		589		—		8,698		—		10,708
Total	$	91,064	$	166,983	$	153,763	$	33,132	$	30,850	$	62,174	$	500,115	$	1,184	$	1,039,265
Current period gross charge-offs	$	5	$	50	$	296	$	67	$	—	$	151	$	2,578	$	—	$	3,147
Real Estate-Commercial
Risk Rating
1. Pass	$	301,704	$	869,531	$	666,018	$	666,109	$	337,150	$	299,905	$	55,249	$	—	$	3,195,666
2. Special Mention	—		236		8,943		5,612		—		2,699		2,483		—		19,973
3. Substandard	—		118		1,949		1,701		226		2,360		—		—		6,354
Total	$	301,704	$	869,885	$	676,910	$	673,422	$	337,376	$	304,964	$	57,732	$	—	$	3,221,993
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	50	$	—	$	—	$	50
Real Estate-Construction
Risk Rating
1. Pass	$	73,183	$	274,773	$	18,235	$	3,948	$	247	$	2,396	$	23,345	$	—	$	396,127
2. Special Mention	—		—		—		—		—		5,506		5,565		—		11,071
3. Substandard	—		380		—		—		5,826		—		—		—		6,206
Total	$	73,183	$	275,153	$	18,235	$	3,948	$	6,073	$	7,902	$	28,910	$	—	$	413,404
Current period gross charge-offs	$	—	$	207	$	—	$	—	$	—	$	—	$	—	$	—	$	207
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass	$	77,196	$	153,995	$	128,799	$	63,057	$	39,465	$	26,300	$	27,677	$	—	$	516,489
2. Special Mention	—		—		—		—		—		—		—		—		—
3. Substandard	—		—		—		623		—		409		—		—		1,032
Total	$	77,196	$	153,995	$	128,799	$	63,680	$	39,465	$	26,709	$	27,677	$	—	$	517,521
Totals By Risk Rating
1. Pass	$	543,147	$	1,462,993	$	956,490	$	764,069	$	400,242	$	390,775	$	579,288	$	1,184	$	5,098,188
2. Special Mention	—		1,626		18,746		7,789		6,881		8,205		26,448		—		69,695
3. Substandard	—		1,397		2,471		2,324		6,641		2,769		8,698		—		24,300
Total	$	543,147	$	1,466,016	$	977,707	$	774,182	$	413,764	$	401,749	$	614,434	$	1,184	$	5,192,183
Total current period gross charge-offs	$	5	$	257	$	296	$	67	$	—	$	201	$	2,578	$	—	$	3,404

	Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
At December 31, 2022
Commercial, Financial and Agricultural
Risk Rating
1. Pass	$	233,064	$	148,033	$	41,091	$	28,269	$	28,209	$	48,631	$	487,818	$	125	$	1,015,240
2. Special Mention	2,732		28,220		9,623		8,104		26		—		19,829		—		68,534
3. Substandard	—		13		—		—		—		—		5,141		—		5,154
Total	$	235,796	$	176,266	$	50,714	$	36,373	$	28,235	$	48,631	$	512,788	$	125	$	1,088,928
Real Estate-Commercial
Risk Rating
1. Pass	$	877,703	$	680,432	$	724,941	$	332,702	$	118,034	$	208,974	$	54,139	$	—	$	2,996,925
2. Special Mention	869		8,173		11,582		944		85		3,002		1,838		—		26,493
3. Substandard	—		—		1,770		—		2,222		495		50		—		4,537
Total	$	878,572	$	688,605	$	738,293	$	333,646	$	120,341	$	212,471	$	56,027	$	—	$	3,027,955
Real Estate-Construction
Risk Rating
1. Pass	$	243,983	$	52,485	$	8,341	$	34,670	$	191	$	442	$	30,223	$	—	$	370,335
2. Special Mention	—		5,781		—		5,695		—		—		—		—		11,476
3. Substandard	—		—		—		—		—		—		—		—		—
Total	$	243,983	$	58,266	$	8,341	$	40,365	$	191	$	442	$	30,223	$	—	$	381,811
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass	$	165,844	$	128,669	$	67,955	$	39,794	$	21,226	$	23,324	$	29,239	$	—	$	476,051
2. Special Mention	—		—		247		—		—		941		—		—		1,188
3. Substandard	—		211		27		—		38		594		145		—		1,015
Total	$	165,844	$	128,880	$	68,229	$	39,794	$	21,264	$	24,859	$	29,384	$	—	$	478,254
Totals By Risk Rating
1. Pass	$	1,520,594	$	1,009,619	$	842,328	$	435,435	$	167,660	$	281,371	$	601,419	$	125	$	4,858,551
2. Special Mention	3,601		42,174		21,452		14,743		111		3,943		21,667		—		107,691
3. Substandard	—		224		1,797		—		2,260		1,089		5,336		—		10,706
Total	$	1,524,195	$	1,052,017	$	865,577	$	450,178	$	170,031	$	286,403	$	628,422	$	125	$	4,976,948

The Corporation had no loans with a risk rating of Doubtful included within recorded investment in loans and leases held for investment at June 30, 2023 or December 31, 2022.

The Corporation monitors the credit risk profile by payment activity for the following classifications of loans and leases: real estate-residential secured for personal purpose loans, real estate-home equity secured for personal purpose loans, loans to individuals and lease financings. The Corporation reviews credit quality indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2022. Loans and leases past due 90 days or more and loans and leases on nonaccrual status are considered nonperforming. Nonperforming loans and leases are reviewed monthly. Performing loans and leases are reviewed only if the loan becomes 60 days or more past due.

Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for real estate-residential secured for personal purpose loans, real estate-home equity secured for personal purpose loans, loans to individuals and lease financings by credit quality indicator at June 30, 2023 and December 31, 2022.

	Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
At June 30, 2023
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing	$	94,420	$	277,912	$	213,974	$	134,139	$	23,317	$	87,698	$	18	$	831,478
2. Nonperforming	—		158		46		—		309		641		—		1,154
Total	$	94,420	$	278,070	$	214,020	$	134,139	$	23,626	$	88,339	$	18	$	832,632
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing	$	189	$	2,607	$	580	$	446	$	178	$	1,664	$	168,542	$	174,206
2. Nonperforming	—		—		—		—		—		—		884		884
Total	$	189	$	2,607	$	580	$	446	$	178	$	1,664	$	169,426	$	175,090
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	85	$	—	$	—	$	85
Loans to Individuals
Payment Performance
1. Performing	$	1,401	$	1,160	$	664	$	448	$	131	$	1,299	$	20,428	$	25,531
2. Nonperforming	—		—		—		—		—		13		—		13
Total	$	1,401	$	1,160	$	664	$	448	$	131	$	1,312	$	20,428	$	25,544
Current period gross charge-offs	$	106	$	19	$	—	$	5	$	24	$	19	$	43	$	216
Lease Financings
Payment Performance
1. Performing	$	64,065	$	82,532	$	51,695	$	25,667	$	10,172	$	2,423	$	—	$	236,554
2. Nonperforming	25		143		33		16		8		10		—		235
Total	$	64,090	$	82,675	$	51,728	$	25,683	$	10,180	$	2,433	$	—	$	236,789
Current period gross charge-offs	$	—	$	—	$	99	$	20	$	6	$	—	$	—	$	125
Totals by Payment Performance
1. Performing	$	160,075	$	364,211	$	266,913	$	160,700	$	33,798	$	93,084	$	188,988	$	1,267,769
2. Nonperforming	25		301		79		16		317		664		884		2,286
Total	$	160,100	$	364,512	$	266,992	$	160,716	$	34,115	$	93,748	$	189,872	$	1,270,055
Total current period gross charge-offs	$	106	$	19	$	99	$	25	$	115	$	19	$	43	$	426

	Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
At December 31, 2022
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing	$	258,293	$	211,638	$	140,822	$	23,827	$	18,273	$	75,126	$	108	$	728,087
2. Nonperforming	—		48		466		319		306		1,169		—		2,308
Total	$	258,293	$	211,686	$	141,288	$	24,146	$	18,579	$	76,295	$	108	$	730,395
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing	$	2,945	$	642	$	491	$	192	$	205	$	1,565	$	169,870	$	175,910
2. Nonperforming	—		—		—		—		157		3		629		789
Total	$	2,945	$	642	$	491	$	192	$	362	$	1,568	$	170,499	$	176,699
Loans to Individuals
Payment Performance
1. Performing	$	1,581	$	857	$	554	$	247	$	138	$	1,340	$	23,117	$	27,834
2. Nonperforming	—		—		—		—		—		39		—		39
Total	$	1,581	$	857	$	554	$	247	$	138	$	1,379	$	23,117	$	27,873
Lease Financings
Payment Performance
1. Performing	$	94,430	$	61,680	$	33,468	$	15,164	$	5,569	$	768	$	—	$	211,079
2. Nonperforming	41		56		17		21		90		11		—		236
Total	$	94,471	$	61,736	$	33,485	$	15,185	$	5,659	$	779	$	—	$	211,315
Totals by Payment Performance
1. Performing	$	357,249	$	274,817	$	175,335	$	39,430	$	24,185	$	78,799	$	193,095	$	1,142,910
2. Nonperforming	41		104		483		340		553		1,222		629		3,372
Total	$	357,290	$	274,921	$	175,818	$	39,770	$	24,738	$	80,021	$	193,724	$	1,146,282

The Corporation had no revolving loans which were converted to term loans included within recorded investment in loans and leases held for investment at June 30, 2023 or December 31, 2022.

Allowance for Credit Losses on Loans and Leases and Recorded Investment in Loans and Leases

The following presents, by portfolio segment, a summary of the activity in the allowance for credit losses, loans and leases, for the three and six months ended June 30, 2023 and 2022. There were no changes to the reasonable and supportable forecast period, the reversion period, or any significant methodology changes during the six months ended June 30, 2023.

(Dollars in thousands)	Beginning balance		(Reversal of provision) provision for credit losses		Charge-offs		Recoveries		Ending balance
Three Months Ended June 30, 2023
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural	$	14,725	$	(589)	$	(299)	$	34	$	13,871
Real estate-commercial	43,150		1,604		—		3		44,757
Real estate-construction	4,681		752		—		—		5,433
Real estate-residential secured for business purpose	8,360		336		—		—		8,696
Real estate-residential secured for personal purpose	5,012		576		—		—		5,588
Real estate-home equity secured for personal purpose	1,271		110		(85)		—		1,296
Loans to individuals	375		262		(111)		34		560
Lease financings	2,460		136		(105)		17		2,508
Unallocated	—		—		N/A		N/A		—
Total	$	80,034	$	3,187	$	(600)	$	88	$	82,709
Three Months Ended June 30, 2022
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural	$	11,841	$	1,122	$	—	$	41	$	13,004
Real estate-commercial	40,426		2,942		(1,690)		—		41,678
Real estate-construction	3,634		589		—		—		4,223
Real estate-residential secured for business purpose	6,202		215		—		3		6,420
Real estate-residential secured for personal purpose	2,592		345		—		—		2,937
Real estate-home equity secured for personal purpose	976		110		—		(12)		1,074
Loans to individuals	369		14		(27)		20		376
Lease financings	2,246		103		(58)		8		2,299
Unallocated	—		—		N/A		N/A		—
Total	$	68,286	$	5,440	$	(1,775)	$	60	$	72,011

N/A – Not applicable

(Dollars in thousands)	Beginning balance		(Reversal of provision) provision for credit losses		Charge-offs		Recoveries		Ending balance
Six Months Ended June 30, 2023
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural	$	16,920	$	(42)	$	(3,147)	$	140	$	13,871
Real estate-commercial	41,673		3,128		(50)		6		44,757
Real estate-construction	4,952		688		(207)		—		5,433
Real estate-residential secured for business purpose	7,054		1,461		—		181		8,696
Real estate-residential secured for personal purpose	3,685		1,903		—		—		5,588
Real estate-home equity secured for personal purpose	1,287		44		(85)		50		1,296
Loans to individuals	351		375		(216)		50		560
Lease financings	3,082		(498)		(125)		49		2,508
Unallocated	—		—		N/A		N/A		—
Total	$	79,004	$	7,059	$	(3,830)	$	476	$	82,709
Six Months Ended June 30, 2022
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural	$	13,538	$	(550)	$	(214)	$	230	$	13,004
Real estate-commercial	41,095		2,273		(1,690)		—		41,678
Real estate-construction	4,575		(352)		—		—		4,223
Real estate-residential secured for business purpose	6,482		(113)		—		51		6,420
Real estate-residential secured for personal purpose	2,403		534		—		—		2,937
Real estate-home equity secured for personal purpose	1,028		57		—		(11)		1,074
Loans to individuals	363		71		(102)		44		376
Lease financings	2,290		108		(117)		18		2,299
Unallocated	150		(150)		N/A		N/A		—
Total	$	71,924	$	1,878	$	(2,123)	$	332	$	72,011

N/A – Not applicable

The following presents, by portfolio segment, the balance in the allowance for credit losses on loans and leases disaggregated on the basis of whether the loan or lease was measured for credit loss as a pooled loan or lease or if it was individually analyzed for a reserve at June 30, 2023 and 2022:

	Allowance for credit losses, loans and leases						Loans and leases held for investment
(Dollars in thousands)	Ending balance: individually analyzed		Ending balance: pooled		Total ending balance		Ending balance: individually analyzed		Ending balance: pooled		Loans measured at fair value		Total ending balance
At June 30, 2023
Commercial, financial and agricultural	$	373	$	13,498	$	13,871	$	1,217	$	1,038,048	$	—	$	1,039,265
Real estate-commercial	—		44,757		44,757		4,405		3,217,588		—		3,221,993
Real estate-construction	—		5,433		5,433		6,202		407,202		—		413,404
Real estate-residential secured for business purpose	—		8,696		8,696		1,032		516,489		—		517,521
Real estate-residential secured for personal purpose	—		5,588		5,588		1,154		831,478		—		832,632
Real estate-home equity secured for personal purpose	—		1,296		1,296		884		174,206		—		175,090
Loans to individuals	—		560		560		—		25,544		—		25,544
Lease financings	—		2,508		2,508		—		236,789		—		236,789
Total	$	373	$	82,336	$	82,709	$	14,894	$	6,447,344	$	—	$	6,462,238
At June 30, 2022
Commercial, financial and agricultural	$	—	$	13,004	$	13,004	$	448	$	1,033,264	$	—	$	1,033,712
Real estate-commercial	1,089		40,589		41,678		9,137		2,861,149		—		2,870,286
Real estate-construction	—		4,223		4,223		—		319,449		—		319,449
Real estate-residential secured for business purpose	—		6,420		6,420		961		418,691		—		419,652
Real estate-residential secured for personal purpose	—		2,937		2,937		2,202		626,942		—		629,144
Real estate-home equity secured for personal purpose	—		1,074		1,074		394		168,142		—		168,536
Loans to individuals	—		376		376		—		27,061		—		27,061
Lease financings	—		2,299		2,299		—		193,937		—		193,937
Total	$	1,089	$	70,922	$	72,011	$	13,142	$	5,648,635	$	—	$	5,661,777

Modified Loans to Borrowers Experiencing Financial Difficulty

The following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and six months ended June 30, 2023.

	Three Months Ended June 30, 2023
(Dollars in thousands)	Number of Loans	Amortized Cost Basis*		% of Total Class of Financing Receivable
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	$	1,949	0.06	%
Total	1	$	1,949
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	$	1,779	0.06	%
Total	1	$	1,779

*Amortized cost excludes $12 thousand of accrued interest receivable on modified loans.

	Six Months Ended June 30, 2023
(Dollars in thousands)	Number of Loans	Amortized Cost Basis*		% of Total Class of Financing Receivable
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	$	1,949	0.06	%
Total	1	$	1,949
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	$	1,779	0.06	%
Real estate—construction**	1	5,826		1.41
Total	2	$	7,605

*Amortized cost excludes $12 thousand of accrued interest receivable on modified loans.

**Loan was modified during the first quarter of 2023. Subsequently, during the second quarter of 2023, the modified loan was placed on nonaccrual status.

The following presents, by class of loans, information regarding the financial effect on accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and six months ended June 30, 2023.

	Term Extension
(Dollars in thousands)	No. of Loans	Financial Effect
Three Months Ended June 30, 2023
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	Extended loan maturity by 3 months to give borrower time to seek refinance.
Total	1
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	Extended loan maturity by 14 months to give borrower time to seek refinance.
Total	1
Six Months Ended June 30, 2023
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	Extended loan maturity by 3 months to give borrower time to seek refinance.
Total	1
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	1	Extended loan maturity by 14 months to give borrower time to seek refinance.
Real estate—construction*	1	Extended loan maturity by 8 months to allow time for the construction to be completed. 3 months of interest payments were capitalized to the loan balance.
Total	2

*Loan was modified during the first quarter of 2023. Subsequently, during the second quarter of 2023, the modified loan was placed on nonaccrual status.

There were no accruing or nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults during the period and were modified in the 12 months before default for the three and six months ended June 30, 2023.

The following presents, by class of loans, the amortized cost and performance status of accruing and nonaccrual modified loans to borrowers experiencing financial difficulty that have been modified in the last 12 months.

	At June 30, 2023
(Dollars in thousands)	Current		30-89 Days Past Due		90 Days or More Past Due		Total
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	$	1,949	$	—	$	—	$	1,949
Total	$	1,949	$	—	$	—	$	1,949
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate	$	1,779	$	—	$	—	$	1,779
Real estate—construction	—		5,826		—		5,826
Total	$	1,779	$	5,826	$	—	$	7,605

As of June 30, 2023, the Bank had no commitments to extend credit to borrowers experiencing financial difficulty whose terms had been modified.

The following presents the amount of consumer mortgages collateralized by residential real estate property that were in the process of foreclosure at June 30, 2023 or December 31, 2022.

(Dollars in thousands)	At June 30, 2023		At December 31, 2022
Real estate-residential secured for personal purpose	$	949	$	822
Real estate-home equity secured for personal purpose	—		72
Total	$	949	$	894

There was no foreclosed residential real estate property included in other real estate owned at June 30, 2023 or December 31, 2022.

Lease Financings

The following presents the schedule of minimum lease payments receivable:

(Dollars in thousands)	At June 30, 2023		At December 31, 2022
2023 (excluding the six months ended June 30, 2023)	$	43,661	$	75,900
2024	76,182		61,793
2025	60,812		45,738
2026	44,001		29,902
2027	25,478		13,091
Thereafter	9,479		2,552
Total future minimum lease payments receivable	259,613		228,976
Plus: Unguaranteed residual	1,106		1,387
Plus: Initial direct costs	3,377		2,884
Less: Imputed interest	(27,307)		(21,932)
Lease financings	$	236,789	$	211,315