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Loans and Leases
 6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Loans and Leases Loans and Leases
Summary of Major Loan and Lease Categories

(Dollars in thousands)At June 30, 2024At December 31, 2023
Commercial, financial and agricultural$1,055,332 $989,723 
Real estate-commercial3,373,889 3,302,798 
Real estate-construction313,229 394,462 
Real estate-residential secured for business purpose532,628 517,002 
Real estate-residential secured for personal purpose952,665 909,015 
Real estate-home equity secured for personal purpose179,150 179,282 
Loans to individuals26,430 27,749 
Lease financings251,514 247,183 
Total loans and leases held for investment, net of deferred income$6,684,837 $6,567,214 
Less: Allowance for credit losses, loans and leases(85,745)(85,387)
Net loans and leases held for investment$6,599,092 $6,481,827 
Imputed interest on lease financings, included in the above table$(32,145)$(30,485)
Net deferred costs, included in the above table7,803 7,949 
Overdraft deposits included in the above table137 280 
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, 2024 and December 31, 2023:
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		CurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At June 30, 2024
Commercial, financial and agricultural$2,046 $635 $— $2,681 $1,050,414 $1,053,095 $2,237 $1,055,332 
Real estate—commercial real estate and construction:
Commercial real estate4,339 48 — 4,387 3,365,362 3,369,749 4,140 3,373,889 
Construction— — — — 309,706 309,706 3,523 313,229 
Real estate—residential and home equity:
Residential secured for business purpose411 436 — 847 530,959 531,806 822 532,628 
Residential secured for personal purpose5,993 572 — 6,565 942,282 948,847 3,818 952,665 
Home equity secured for personal purpose753 — — 753 177,204 177,957 1,193 179,150 
Loans to individuals186 84 58 328 26,087 26,415 15 26,430 
Lease financings1,431 508 147 2,086 248,976 251,062 452 251,514 
Total$15,159 $2,283 $205 $17,647 $6,650,990 $6,668,637 $16,200 $6,684,837 
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		CurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At December 31, 2023
Commercial, financial and agricultural$1,355 $348 $285 $1,988 $985,469 $987,457 $2,266 $989,723 
Real estate—commercial real estate and construction:
Commercial real estate1,763 1,072 — 2,835 3,294,254 3,297,089 5,709 3,302,798 
Construction10,022 45 — 10,067 378,328 388,395 6,067 394,462 
Real estate—residential and home equity:
Residential secured for business purpose930 643 — 1,573 514,339 515,912 1,090 517,002 
Residential secured for personal purpose6,464 76 — 6,540 898,262 904,802 4,213 909,015 
Home equity secured for personal purpose721 144 — 865 177,301 178,166 1,116 179,282 
Loans to individuals191 84 37 312 27,437 27,749 — 27,749 
Lease financings987 374 212 1,573 245,552 247,125 58 247,183 
Total$22,433 $2,786 $534 $25,753 $6,520,942 $6,546,695 $20,519 $6,567,214 
Nonperforming Loans and Leases

The following presents, by class of loans and leases, nonperforming loans and leases at June 30, 2024 and December 31, 2023.
 At June 30, 2024At December 31, 2023
(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
Loans held for sale$— $— $— $8 $— $8 
Loans and leases held for investment:
Commercial, financial and agricultural$2,237 $— $2,237 $2,266 $285 $2,551 
Real estate—commercial real estate and construction:
Commercial real estate4,140 — 4,140 5,709 — 5,709 
Construction3,523 — 3,523 6,067 — 6,067 
Real estate—residential and home equity:
Residential secured for business purpose822 — 822 1,090 — 1,090 
Residential secured for personal purpose3,818 — 3,818 4,213 — 4,213 
Home equity secured for personal purpose1,193 — 1,193 1,116 — 1,116 
Loans to individuals15 58 73 — 37 37 
Lease financings452 147 599 58 212 270 
Total$16,200 $205 $16,405 $20,527 $534 $21,061 
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, 2024 and December 31, 2023.
(Dollars in thousands)Nonaccrual With No Allowance for Credit LossesNonaccrual With Allowance for Credit LossesTotal NonaccrualLoans and Leases 90 Days or more Past Due and Accruing Interest
At June 30, 2024
Commercial, financial and agricultural$394 $1,843 $2,237 $— 
Real estate-commercial3,295 845 4,140 — 
Real estate-construction3,523 — 3,523 — 
Real estate-residential secured for business purpose822 — 822 — 
Real estate-residential secured for personal purpose3,818 — 3,818 — 
Real estate-home equity secured for personal purpose1,193 — 1,193 — 
Loans to individuals15 — 15 58 
Lease financings— 452 452 147 
Total$13,060 $3,140 $16,200 $205 
At December 31, 2023
Commercial, financial and agricultural$332 $1,934 $2,266 $285 
Real estate-commercial5,687 22 5,709 — 
Real estate-construction2,931 3,136 6,067 — 
Real estate-residential secured for business purpose1,090 — 1,090 — 
Real estate-residential secured for personal purpose4,213 — 4,213 — 
Real estate-home equity secured for personal purpose1,116 — 1,116 — 
Loans to individuals— — — 37 
Lease financings— 58 58 212 
Total$15,369 $5,150 $20,519 $534 

For the six months ended June 30, 2024, $87 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, 2024 and December 31, 2023.

(Dollars in thousands)Real Estate
Other (1)
None (2)
Total
At June 30, 2024
Commercial, financial and agricultural$1,741 $— $496 $2,237 
Real estate-commercial4,122 — 18 4,140 
Real estate-construction3,523 — — 3,523 
Real estate-residential secured for business purpose822 — — 822 
Real estate-residential secured for personal purpose3,818 — — 3,818 
Real estate-home equity secured for personal purpose1,193 — — 1,193 
Loans to individuals— — 15 15 
Lease financings— 452 — 452 
Total$15,219 $452 $529 $16,200 
(Dollars in thousands)Real Estate
Other (1)
NoneTotal
At December 31, 2023
Commercial, financial and agricultural$2,236 $30 $— $2,266 
Real estate-commercial5,709 — — 5,709 
Real estate-construction6,067 — — 6,067 
Real estate-residential secured for business purpose1,090 — — 1,090 
Real estate-residential secured for personal purpose4,213 — — 4,213 
Real estate-home equity secured for personal purpose1,116 — — 1,116 
Lease financings— 58 — 58 
Total$20,431 $88 $— $20,519 
(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. Commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose 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, 2023. 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, 2024 and December 31, 2023.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
At June 30, 2024
Commercial, Financial and Agricultural
Risk Rating
1. Pass$126,636 $104,546 $100,248 $118,968 $20,904 $51,487 $470,243 $826 $993,858 
2. Special Mention239 820 12,864 5,161 569 5,878 19,888 — 45,419 
3. Substandard— — 1,959 7,296 — 216 6,584 — 16,055 
Total$126,875 $105,366 $115,071 $131,425 $21,473 $57,581 $496,715 $826 $1,055,332 
Current period gross charge-offs$22 $— $— $— $— $— $578 $— $600 
Real Estate-Commercial
Risk Rating
1. Pass$199,721 $449,577 $875,409 $601,863 $578,115 $563,301 $74,103 $— $3,342,089 
2. Special Mention— — 217 — 6,182 8,629 — — 15,028 
3. Substandard— 4,573 4,583 4,059 449 170 2,938 — 16,772 
Total$199,721 $454,150 $880,209 $605,922 $584,746 $572,100 $77,041 $— $3,373,889 
Real Estate-Construction
Risk Rating
1. Pass$31,475 $121,699 $111,946 $5,558 $2,187 $2,285 $19,466 $— $294,616 
2. Special Mention— 1,084 — — — — — — 1,084 
3. Substandard— — 3,399 2,714 2,397 159 8,860 — 17,529 
Total$31,475 $122,783 $115,345 $8,272 $4,584 $2,444 $28,326 $— $313,229 
Current period gross charge-offs$— $— $— $— $— $— $500 $— $500 
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass$58,321 $94,028 $144,607 $110,535 $54,515 $37,300 $30,322 $— $529,628 
2. Special Mention— 2,178 — — — — — — 2,178 
3. Substandard— — 156 — 619 47 — — 822 
Total$58,321 $96,206 $144,763 $110,535 $55,134 $37,347 $30,322 $— $532,628 
Totals By Risk Rating
1. Pass$416,153 $769,850 $1,232,210 $836,924 $655,721 $654,373 $594,134 $826 $5,160,191 
2. Special Mention239 4,082 13,081 5,161 6,751 14,507 19,888 — 63,709 
3. Substandard— 4,573 10,097 14,069 3,465 592 18,382 — 51,178 
Total$416,392 $778,505 $1,255,388 $856,154 $665,937 $669,472 $632,404 $826 $5,275,078 
Total current period gross charge-offs$22 $— $— $— $— $— $1,078 $— $1,100 
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20232022202120202019PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
At December 31, 2023
Commercial, Financial and Agricultural
Risk Rating
1. Pass$130,755 $121,402 $135,550 $26,745 $19,029 $40,973 $455,076 $653 $930,183 
2. Special Mention— 13,454 — — 6,029 — 15,251 — 34,734 
3. Substandard— 2,195 8,206 — 216 — 14,189 — 24,806 
Total$130,755 $137,051 $143,756 $26,745 $25,274 $40,973 $484,516 $653 $989,723 
Real Estate-Commercial
Risk Rating
1. Pass$480,527 $841,529 $642,133 $604,700 $329,443 $296,802 $74,947 $— $3,270,081 
2. Special Mention1,238 227 3,132 5,821 — 10,416 — — 20,834 
3. Substandard1,324 2,732 2,768 — 226 1,911 2,922 — 11,883 
Total$483,089 $844,488 $648,033 $610,521 $329,669 $309,129 $77,869 $— $3,302,798 
Real Estate-Construction
Risk Rating
1. Pass$112,127 $218,637 $4,139 $2,600 $241 $2,211 $14,440 $— $354,395 
2. Special Mention— 7,655 — — 4,045 5,265 10,908 — 27,873 
3. Substandard2,400 1,574 2,932 — — — 5,288 — 12,194 
Total$114,527 $227,866 $7,071 $2,600 $4,286 $7,476 $30,636 $— $394,462 
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass$104,904 $151,680 $120,035 $60,360 $38,006 $11,631 $29,295 $— $515,911 
2. Special Mention— — — — — — — — — 
3. Substandard— 162 — 620 — 309 — — 1,091 
Total$104,904 $151,842 $120,035 $60,980 $38,006 $11,940 $29,295 $— $517,002 
Totals By Risk Rating
1. Pass$828,313 $1,333,248 $901,857 $694,405 $386,719 $351,617 $573,758 $653 $5,070,570 
2. Special Mention1,238 21,336 3,132 5,821 10,074 15,681 26,159 — 83,441 
3. Substandard3,724 6,663 13,906 620 442 2,220 22,399 — 49,974 
Total$833,275 $1,361,247 $918,895 $700,846 $397,235 $369,518 $622,316 $653 $5,203,985 

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, 2024 or December 31, 2023.

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, 2023. 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, 2024 and December 31, 2023.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
At June 30, 2024
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing$10,255 $163,408 $353,004 $200,153 $125,155 $96,871 $1 $948,847 
2. Nonperforming— — 146 40 2,741 891 — 3,818 
Total$10,255 $163,408 $353,150 $200,193 $127,896 $97,762 $1 $952,665 
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing$176 $401 $2,422 $435 $366 $1,474 $172,683 $177,957 
2. Nonperforming— — — — — — 1,193 1,193 
Total$176 $401 $2,422 $435 $366 $1,474 $173,876 $179,150 
Loans to Individuals
Payment Performance
1. Performing$1,379 $1,259 $671 $411 $58 $748 $21,831 $26,357 
2. Nonperforming— — 15 — — 58 — 73 
Total$1,379 $1,259 $686 $411 $58 $806 $21,831 $26,430 
Current period gross charge-offs$79 $67 $18 $— $— $— $242 $406 
Lease Financings
Payment Performance
1. Performing$47,583 $96,837 $59,041 $32,003 $12,066 $3,385 $— $250,915 
2. Nonperforming— — 131 427 23 18 — 599 
Total$47,583 $96,837 $59,172 $32,430 $12,089 $3,403 $— $251,514 
Current period gross charge-offs$— $92 $88 $165 $— $7 $— $352 
Totals by Payment Performance
1. Performing$59,393 $261,905 $415,138 $233,002 $137,645 $102,478 $194,515 $1,404,076 
2. Nonperforming— — 292 467 2,764 967 1,193 5,683 
Total$59,393 $261,905 $415,430 $233,469 $140,409 $103,445 $195,708 $1,409,759 
Total current period gross charge-offs$79 $159 $106 $165 $— $7 $242 $758 
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
At December 31, 2023
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing$139,765 $328,383 $206,285 $128,157 $22,798 $79,296 $118 $904,802 
2. Nonperforming— 153 43 2,749 — 1,268 — 4,213 
Total$139,765 $328,536 $206,328 $130,906 $22,798 $80,564 $118 $909,015 
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing$511 $2,567 $510 $409 $165 $1,463 $172,541 $178,166 
2. Nonperforming— — — — — — 1,116 1,116 
Total$511 $2,567 $510 $409 $165 $1,463 $173,657 $179,282 
Loans to Individuals
Payment Performance
1. Performing$1,831 $894 $530 $107 $48 $1,004 $23,298 $27,712 
2. Nonperforming— — — — — 37 — 37 
Total$1,831 $894 $530 $107 $48 $1,041 $23,298 $27,749 
Lease Financings
Payment Performance
1. Performing$110,832 $70,070 $41,392 $17,874 $5,681 $1,064 $— $246,913 
2. Nonperforming11 104 88 19 36 12 — 270 
Total$110,843 $70,174 $41,480 $17,893 $5,717 $1,076 $— $247,183 
Totals by Payment Performance
1. Performing$252,939 $401,914 $248,717 $146,547 $28,692 $82,827 $195,957 $1,357,593 
2. Nonperforming11 257 131 2,768 36 1,317 1,116 5,636 
Total$252,950 $402,171 $248,848 $149,315 $28,728 $84,144 $197,073 $1,363,229 

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, 2024 or December 31, 2023.
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, 2024 and 2023. 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, 2024.
(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balance
Three Months Ended June 30, 2024
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,932 $1,448 $(920)$85 $14,545 
Real estate-commercial45,853 121 — 4 45,978 
Real estate-construction6,254 (101)— — 6,153 
Real estate-residential secured for business purpose8,800 (1,294)— 233 7,739 
Real estate-residential secured for personal purpose6,637 (31)— — 6,606 
Real estate-home equity secured for personal purpose1,184 504 — — 1,688 
Loans to individuals388 70 (127)17 348 
Lease financings2,584 205 (122)21 2,688 
Total$85,632 $922 $(1,169)$360 $85,745 
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-commercial43,150 1,604 — 3 44,757 
Real estate-construction4,681 752 — — 5,433 
Real estate-residential secured for business purpose8,360 336 — — 8,696 
Real estate-residential secured for personal purpose5,012 576 — — 5,588 
Real estate-home equity secured for personal purpose1,271 110 (85)— 1,296 
Loans to individuals375 262 (111)34 560 
Lease financings2,460 136 (105)17 2,508 
Total$80,034 $3,187 $(600)$88 $82,709 
(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balance
Six Months Ended June 30, 2024
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,699 $2,263 $(1,513)$96 $14,545 
Real estate-commercial45,849 122 — 7 45,978 
Real estate-construction6,543 110 (500)— 6,153 
Real estate-residential secured for business purpose8,692 (1,188)— 235 7,739 
Real estate-residential secured for personal purpose6,349 123 — 134 6,606 
Real estate-home equity secured for personal purpose1,289 399 — — 1,688 
Loans to individuals392 305 (406)57 348 
Lease financings2,574 439 (352)27 2,688 
Total$85,387 $2,573 $(2,771)$556 $85,745 
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-commercial41,673 3,128 (50)6 44,757 
Real estate-construction4,952 688 (207)— 5,433 
Real estate-residential secured for business purpose7,054 1,461 — 181 8,696 
Real estate-residential secured for personal purpose3,685 1,903 — — 5,588 
Real estate-home equity secured for personal purpose1,287 44 (85)50 1,296 
Loans to individuals351 375 (216)50 560 
Lease financings3,082 (498)(125)49 2,508 
Total$79,004 $7,059 $(3,830)$476 $82,709 
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, 2024 and 2023:
Allowance for credit losses, loans and leasesLoans and leases held for investment
(Dollars in thousands)Ending balance: individually analyzedEnding balance: pooledTotal ending balanceEnding balance: individually analyzedEnding balance: pooledTotal ending balance
At June 30, 2024
Commercial, financial and agricultural$433 $14,112 $14,545 $2,237 $1,053,095 $1,055,332 
Real estate-commercial23 45,955 45,978 4,140 3,369,749 3,373,889 
Real estate-construction— 6,153 6,153 3,523 309,706 313,229 
Real estate-residential secured for business purpose— 7,739 7,739 822 531,806 532,628 
Real estate-residential secured for personal purpose— 6,606 6,606 3,818 948,847 952,665 
Real estate-home equity secured for personal purpose— 1,688 1,688 1,193 177,957 179,150 
Loans to individuals— 348 348 15 26,415 26,430 
Lease financings— 2,688 2,688 — 251,514 251,514 
Total$456 $85,289 $85,745 $15,748 $6,669,089 $6,684,837 
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 
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, 2024 and 2023.
Term Extension
 Three Months Ended June 30, 2024Three Months Ended June 30, 2023
(Dollars in thousands)Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve		Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural1 $4,925 0.47 %$10 — $— — %$— 
Real estate—commercial real estate— — — — 1 1,949 0.06 — 
Total1 $4,925 $10 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 $— 

Other-Than-Insignificant Payment Delay
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
(Dollars in thousands)Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve		Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural2 $7,333 0.69 %$98 — $— — %$— 
Total2 $7,333 $98 — $— $— 
*Amortized cost excludes $73 thousand and $12 thousand of accrued interest receivable on modified loans for the three months ended June 30, 2024 and June 30, 2023, respectively.

Term Extension
 Six Months Ended June 30, 2024Six Months Ended June 30, 2023
(Dollars in thousands)Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve		Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural1 $4,925 0.47 %$10 — $— — %$— 
Real estate—commercial real estate2 3,213 0.10 2 1 1,949 0.06 — 
Total3 $8,138 $12 1 $1,949 $— 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate— $— — $— 1 $1,779 0.06 %$— 
Real estate—construction**2 3,523 1.12 — 1 5,826 1.41 — 
Total2 $3,523 $— 2 $7,605 $— 
Other-Than-Insignificant Payment Delay
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
(Dollars in thousands)Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve		Number
of
Loans		Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural2 $7,333 0.69 %$98 — $— — %$— 
Total2 $7,333 $98 — $— $— 
*Amortized cost excludes $95 thousand and $12 thousand of accrued interest receivable on modified loans for the six months ended June 30, 2024 and June 30, 2023, respectively.
**The one nonaccrual construction loan reported for the six months ended June 30, 2023 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, 2024 and 2023.
 Term ExtensionOther-Than-Insignificant Payment Delay
(Dollars in thousands)No. of
Loans		Financial EffectNo. of
Loans		Financial Effect
Three Months Ended June 30, 2024
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural1 
Added 10 months to the life of the loan, which reduced monthly payment amount for the borrower.
2 
Provided 3-month payment deferrals to assist borrowers.
Total1 2 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total— — 
Three Months Ended June 30, 2023
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate1 
Added 3 months to the life of the loan, which reduced monthly payment amount for the borrower.
— 
Total1 — 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate1 
Added 14 months to the life of the loan, which reduced monthly payment amount for the borrower.
— 
Total1 — 
Six Months Ended June 30, 2024
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural1 
 Added 10 months to the life of the loan, which reduced monthly payment amount for the borrower.
2 
Provided 3-month payment deferrals to assist borrowers.
Real estate—commercial real estate2 
 Added a weighted-average 8 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
— 
Total3 2 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction2 
 Added a weighted-average 8 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
— 
Total2 — 
Six Months Ended June 30, 2023
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate1 
Added 3 months to the life of the loan, which reduced monthly payment amount for the borrower.
— 
Total1 — 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial real estate1 
Added 14 months to the life of the loan, which reduced monthly payment amount for the borrower.
— 
Real estate—construction*1 
Added 8 months to the life of the loan, which reduced monthly payment amount for the borrower.
Total2 — 
*Loan was modified during the first quarter of 2023. Subsequently, during the second quarter of 2023, the modified loan was place on nonaccrual status.

There were no accruing or nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults during the 12-month period preceding modification for the three and six months ended June 30, 2024 and 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, 2024
(Dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueTotal
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural$12,258 $— $— $12,258 
Real estate—commercial real estate8,060 — — 8,060 
Total$20,318 $— $— $20,318 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction$3,523 $— $— $3,523 
Total$3,523 $— $— $3,523 

As of June 30, 2024, the Bank had $971 thousand in 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, 2024 or December 31, 2023.
(Dollars in thousands)At June 30, 2024At December 31, 2023
Real estate-residential secured for personal purpose$3,176 $5,147 
Real estate-home equity secured for personal purpose38 — 
Total$3,214 $5,147 

The following presents foreclosed residential real estate property included in other real estate owned at June 30, 2024 or December 31, 2023.
(Dollars in thousands)At June 30, 2024At December 31, 2023
Foreclosed residential real estate$79 $79 

Lease Financings

The following presents the schedule of minimum lease payments receivable:
(Dollars in thousands)At June 30, 2024At December 31, 2023
2024 (excluding the six months ended June 30, 2024)$48,427 $87,101 
202584,578 74,002 
202667,339 56,525 
202747,379 36,944 
202823,465 14,945 
Thereafter7,695 3,506 
Total future minimum lease payments receivable278,883 273,023 
Plus: Unguaranteed residual1,498 1,242 
Plus: Initial direct costs3,278 3,403 
Less: Imputed interest(32,145)(30,485)
Lease financings$251,514 $247,183