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Loans and Leases
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
Loans and Leases Loans and Leases
Summary of Major Loan and Lease Categories
At December 31,
(Dollars in thousands)20242023
Commercial, financial and agricultural$1,037,835 $989,723 
Real estate-commercial3,530,451 3,302,798 
Real estate-construction274,483 394,462 
Real estate-residential secured for business purpose536,095 517,002 
Real estate-residential secured for personal purpose994,972 909,015 
Real estate-home equity secured for personal purpose186,836 179,282 
Loans to individuals21,250 27,749 
Lease financings244,661 247,183 
Total loans and leases held for investment, net of deferred income6,826,583 6,567,214 
Less: Allowance for credit losses, loans and leases(87,091)(85,387)
Net loans and leases held for investment$6,739,492 $6,481,827 
Imputed interest on lease financings, included in the above table$(31,927)$(30,485)
Net deferred costs, included in the above table6,992 7,949 
Overdraft deposits included in the above table104 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 December 31, 2024 and 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 December 31, 2024
Commercial, financial and agricultural$1,750 $723 $— $2,473 $1,031,567 $1,034,040 $3,795 $1,037,835 
Real estate—commercial real estate and construction:
Commercial real estate415 2,919 — 3,334 3,524,438 3,527,772 2,679 3,530,451 
Construction3,659 — — 3,659 270,824 274,483 — 274,483 
Real estate—residential and home equity:
Residential secured for business purpose1,077 — — 1,077 534,432 535,509 586 536,095 
Residential secured for personal purpose3,040 — — 3,040 988,127 991,167 3,805 994,972 
Home equity secured for personal purpose1,063 309 — 1,372 184,273 185,645 1,191 186,836 
Loans to individuals187 59 24 270 20,980 21,250 — 21,250 
Lease financings1,026 502 297 1,825 242,225 244,050 611 244,661 
Total$12,217 $4,512 $321 $17,050 $6,796,866 $6,813,916 $12,667 $6,826,583 
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 December 31, 2024 and 2023.
At December 31,
 20242023
(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$3,795 $— $3,795 $2,266 $285 $2,551 
Real estate—commercial real estate and construction:
Commercial real estate2,679 — 2,679 5,709 — 5,709 
Construction— — — 6,067 — 6,067 
Real estate—residential and home equity:
Residential secured for business purpose586 — 586 1,090 — 1,090 
Residential secured for personal purpose3,805 — 3,805 4,213 — 4,213 
Home equity secured for personal purpose1,191 — 1,191 1,116 — 1,116 
Loans to individuals— 24 24 — 37 37 
Lease financings611 297 908 58 212 270 
Total$12,667 $321 $12,988 $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 December 31, 2024 and 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 December 31, 2024
Commercial, financial and agricultural$187 $3,608 $3,795 $— 
Real estate-commercial1,834 845 2,679 — 
Real estate-residential secured for business purpose586 — 586 — 
Real estate-residential secured for personal purpose3,805 — 3,805 — 
Real estate-home equity secured for personal purpose1,191 — 1,191 — 
Loans to individuals— — — 24 
Lease financings— 611 611 297 
Total$7,603 $5,064 $12,667 $321 
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 years ended December 31, 2024 and 2023, $102 thousand and $84 thousand of interest income was recognized on nonaccrual loans and leases, respectively.

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 December 31, 2024 and 2023.
(Dollars in thousands)Real Estate
Other (1)
None (2)
Total
At December 31, 2024
Commercial, financial and agricultural$1,521 $1,843 $431 $3,795 
Real estate-commercial2,661 — 18 2,679 
Real estate-construction— — — — 
Real estate-residential secured for business purpose586 — — 586 
Real estate-residential secured for personal purpose3,805 — — 3,805 
Real estate-home equity secured for personal purpose1,191 — — 1,191 
Lease financings— 611 — 611 
Total$9,764 $2,454 $449 $12,667 
(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 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, 2024. 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 December 31, 2024 and 2023.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
At December 31, 2024
Commercial, financial and agricultural
Risk Rating
1. Pass$232,925 $73,453 $68,205 $95,135 $16,403 $44,329 $411,413 $871 $942,734 
2. Special Mention3,622 6,489 24,423 166 5 — 27,106 — 61,811 
3. Substandard— 500 1,975 6,623 — 6,401 17,791 — 33,290 
Total$236,547 $80,442 $94,603 $101,924 $16,408 $50,730 $456,310 $871 $1,037,835 
Current period gross charge-offs$69 $— $— $72 $9 $31 $2,745 $— $2,926 
Real estate-commercial
Risk Rating
1. Pass$506,644 $441,802 $882,071 $581,693 $538,539 $471,734 $81,145 $— $3,503,628 
2. Special Mention1,763 — 716 — 3,028 12,213 — — 17,720 
3. Substandard— — 2,662 827 1,402 1,317 2,895 — 9,103 
Total$508,407 $441,802 $885,449 $582,520 $542,969 $485,264 $84,040 $— $3,530,451 
Current period gross charge-offs$— $— $— $— $— $35 $— $— $35 
Real estate-construction
Risk Rating
1. Pass$109,627 $71,770 $58,072 $4,226 $1,700 $1,899 $19,636 $— $266,930 
2. Special Mention— — — — — — — — — 
3. Substandard248 — 4,095 — 2,403 — 807 — 7,553 
Total$109,875 $71,770 $62,167 $4,226 $4,103 $1,899 $20,443 $— $274,483 
Current period gross charge-offs$— $— $— $— $— $— $500 $— $500 
Real estate-residential secured for business purpose
Risk Rating
1. Pass$93,976 $95,743 $137,406 $104,156 $48,495 $21,937 $31,922 $— $533,635 
2. Special Mention547 239 — 683 405 — — — 1,874 
3. Substandard— — — — 548 38 — — 586 
Total$94,523 $95,982 $137,406 $104,839 $49,448 $21,975 $31,922 $— $536,095 
Totals By Risk Rating
1. Pass$943,172 $682,768 $1,145,754 $785,210 $605,137 $539,899 $544,116 $871 $5,246,927 
2. Special Mention5,932 6,728 25,139 849 3,438 12,213 27,106 — 81,405 
3. Substandard248 500 8,732 7,450 4,353 7,756 21,493 — 50,532 
Total$949,352 $689,996 $1,179,625 $793,509 $612,928 $559,868 $592,715 $871 $5,378,864 
Total current period gross charge-offs$69 $— $— $72 $9 $66 $3,245 $— $3,461 
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
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 $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 $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 $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 $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 December 31, 2024 or 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, 2024. 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 December 31, 2024 and 2023.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
At December 31, 2024
Real estate-residential secured for personal purpose
Payment Performance
1. Performing$25,908 $203,136 $356,506 $195,727 $121,743 $88,147 $— $991,167 
2. Nonperforming— — 142 37 2,836 790 — 3,805 
Total$25,908 $203,136 $356,648 $195,764 $124,579 $88,937 $— $994,972 
Real estate-home equity secured for personal purpose
Payment Performance
1. Performing$354 $352 $2,260 $402 $326 $1,201 $180,750 $185,645 
2. Nonperforming— — 21 — — — 1,170 1,191 
Total$354 $352 $2,281 $402 $326 $1,201 $181,920 $186,836 
Loans to individuals
Payment Performance
1. Performing$2,008 $963 $459 $300 $19 $610 $16,867 $21,226 
2. Nonperforming— — — — — 24 — 24 
Total$2,008 $963 $459 $300 $19 $634 $16,867 $21,250 
Current period gross charge-offs$220 $135 $33 $3 $— $88 $442 $921 
Lease financings
Payment Performance
1. Performing$83,360 $82,634 $46,986 $23,088 $5,989 $1,696 $— $243,753 
2. Nonperforming197 168 473 32 25 13 — 908 
Total$83,557 $82,802 $47,459 $23,120 $6,014 $1,709 $— $244,661 
Current period gross charge-offs$— $238 $165 $218 $14 $16 $— $651 
Totals by Payment Performance
1. Performing$111,630 $287,085 $406,211 $219,517 $128,077 $91,654 $197,617 $1,441,791 
2. Nonperforming197 168 636 69 2,861 827 1,170 5,928 
Total$111,827 $287,253 $406,847 $219,586 $130,938 $92,481 $198,787 $1,447,719 
Total current period gross charge-offs$220 $373 $198 $221 $14 $104 $442 $1,572 
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 December 31, 2024 or 2023.
Allowance for Credit Losses on Loan 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 years ended December 31, 2024, 2023 and 2022. There were no changes to the reasonable and supportable forecast period, the reversion period, or any significant methodology changes during the year ended December 31, 2024.
(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balance
For the Year Ended December 31, 2024
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,699 $4,709 $(2,926)$597 $16,079 
Real estate-commercial45,849 1,039 (35)14 46,867 
Real estate-construction6,543 (1,119)(500)— 4,924 
Real estate-residential secured for business purpose8,692 (1,436)— 235 7,491 
Real estate-residential secured for personal purpose6,349 739 — 134 7,222 
Real estate-home equity secured for personal purpose1,289 371 — 46 1,706 
Loans to individuals392 778 (921)93 342 
Lease financings2,574 425 (651)112 2,460 
Total$85,387 $5,506 $(5,033)$1,231 $87,091 
For the Year Ended December 31, 2023
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$16,920 $1,289 $(4,877)$367 $13,699 
Real estate-commercial41,673 4,213 (50)13 45,849 
Real estate-construction4,952 1,797 (207)1 6,543 
Real estate-residential secured for business purpose7,054 1,503 (50)185 8,692 
Real estate-residential secured for personal purpose3,685 2,664 — — 6,349 
Real estate-home equity secured for personal purpose1,287 4 (85)83 1,289 
Loans to individuals351 467 (507)81 392 
Lease financings3,082 (157)(410)59 2,574 
Total$79,004 $11,780 $(6,186)$789 $85,387 
For the Year Ended December 31, 2022
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,538 $3,705 $(887)$564 $16,920 
Real estate-commercial41,095 3,854 (3,282)6 41,673 
Real estate-construction4,575 377 — — 4,952 
Real estate-residential secured for business purpose6,482 517 — 55 7,054 
Real estate-residential secured for personal purpose2,403 1,282 — — 3,685 
Real estate-home equity secured for personal purpose1,028 221 — 38 1,287 
Loans to individuals363 167 (255)76 351 
Lease financings2,290 1,002 (245)35 3,082 
Unallocated150 (150)N/AN/A— 
Total$71,924 $10,975 $(4,669)$774 $79,004 
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 December 31, 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 December 31, 2024
Commercial, financial and agricultural$1,922 $14,157 $16,079 $3,795 $1,034,040 $1,037,835 
Real estate-commercial23 46,844 46,867 2,679 3,527,772 3,530,451 
Real estate-construction— 4,924 4,924 — 274,483 274,483 
Real estate-residential secured for business purpose— 7,491 7,491 586 535,509 536,095 
Real estate-residential secured for personal purpose— 7,222 7,222 3,805 991,167 994,972 
Real estate-home equity secured for personal purpose— 1,706 1,706 1,191 185,645 186,836 
Loans to individuals— 342 342 — 21,250 21,250 
Lease financings— 2,460 2,460 — 244,661 244,661 
Total$1,945 $85,146 $87,091 $12,056 $6,814,527 $6,826,583 
At December 31, 2023
Commercial, financial and agricultural$692 $13,007 $13,699 $2,551 $987,172 $989,723 
Real estate-commercial20 45,829 45,849 5,709 3,297,089 3,302,798 
Real estate-construction1,075 5,468 6,543 6,067 388,395 394,462 
Real estate-residential secured for business purpose— 8,692 8,692 1,090 515,912 517,002 
Real estate-residential secured for personal purpose— 6,349 6,349 4,214 904,801 909,015 
Real estate-home equity secured for personal purpose— 1,289 1,289 1,116 178,166 179,282 
Loans to individuals— 392 392 — 27,749 27,749 
Lease financings— 2,574 2,574 — 247,183 247,183 
Total$1,787 $83,600 $85,387 $20,747 $6,546,467 $6,567,214 

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 years ended December 31, 2024 and 2023:
Term Extension
For the Years Ended December 31,
 20242023
(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 %$9 — $— — %$— 
Real estate—commercial4 7,927 0.22 20 2 4,863 0.15 10 
Total5 $12,852 $29 2 $4,863 $10 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial— $— — %$— 1 $1,741 0.05 %$— 
Total— $— $— 1 $1,741 $— 
Other-Than-Insignificant Payment Delay
For the Years Ended December 31,
20242023
(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 $6,667 0.64 %$12 — $— — %$— 
Total2 $6,667 $12 — $— $— 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total— $— $— — $— $— 
*Amortized cost excludes $126 thousand and $15 thousand of accrued interest receivable on modified loans for the years ended December 31, 2024 and 2023, respectively.

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 years ended December 31, 2024 and 2023.
 Term ExtensionOther-Than-Insignificant Payment Delay
(Dollars in thousands)No. of
Loans		Financial EffectNo. of
Loans		Financial Effect
For the Year Ended December 31, 2024
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural1 
 Added 8 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—commercial4 
Added a weighted-average 12 months to the life of loans, which reduced monthly payment amount for the borrowers.
— 
Total5 2 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total— — 
For the Year Ended December 31, 2023
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial2 
Added a weighted-average 1.1 years to the life of loans, which reduced monthly payment amount for the borrowers.
— 
Total2 — 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial1 
Added a weighted-average 1.3 years to the life of loan, which reduced monthly payment amount for the borrower.
— 
Total1 — 
The following presents, by class of loan, the amortized cost of accruing or nonaccrual modified loans to borrowers experiencing financial difficulty that had a payment default subsequent to modification during the years ended December 31, 2024 and 2023 and were modified in the 12 months prior to that default.
For the Years Ended December 31,
20242023
Term ExtensionTerm Extension
(Dollars in thousands)Number
of Loans		Amortized Cost BasisNumber
of Loans		Amortized Cost Basis
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial1 $1,849 — $— 
Total1 $1,849 — $— 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial— $— 1 $1,741 
Total— $— 1 $1,741 

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 as of December 31, 2024 and 2023.
At December 31, 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$11,592 $— $— $11,592 
Real estate—commercial7,927 — — 7,927 
Total$19,519 $— $— $19,519 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total$— $— $— $— 
At December 31, 2023
(Dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueTotal
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial $4,863 $— $— $4,863 
Total$4,863 $— $— $4,863 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—commercial $— $— $1,741 $1,741 
Total$— $— $1,741 $1,741 
As of December 31, 2024 and 2023, the Bank had $1.0 million and $0, respectively, of commitments to extend credit to borrowers experiencing financial difficulty whose terms had been modified in the tables above.
The following presents the amount of consumer mortgages collateralized by residential real estate property that were in the process of foreclosure at December 31, 2024 or 2023.
(Dollars in thousands)At December 31, 2024At December 31, 2023
Real estate-residential secured for personal purpose$3,095 $5,147 
Real estate-home equity secured for personal purpose125 — 
Total$3,220 $5,147 
The following presents foreclosed residential real estate property included in other real estate owned at December 31, 2024 or 2023.
(Dollars in thousands)At December 31, 2024At December 31, 2023
Foreclosed residential real estate$234 $79 

Lease Financings

The following presents the schedule of minimum lease payments receivable:

(Dollars in thousands)At December 31, 2024At December 31, 2023
2024N/A$87,101 
202591,125 74,002 
202676,977 56,525 
202756,881 36,944 
202832,899 14,945 
202912,101 2,565 
Thereafter1,964 941 
Total future minimum lease payments receivable271,947 273,023 
Plus: Unguaranteed residual1,485 1,242 
Plus: Initial direct costs3,156 3,403 
Less: Imputed interest(31,927)(30,485)
Lease financings$244,661 $247,183