Adoption of Accounting Standards (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Standards Update and Change in Accounting Principle [Abstract]

Schedule of allowance for credit losses, and reserve for unfunded commitments

The following table shows the impact of the Company's adoption of ASC 326 on loans, the ACL, and the Company’s reserve for unfunded commitments.

	January 1, 2023
(Dollars in thousands)	As Reported Under ASC 326		Pre-ASC 326 Adoption		Change
Total Loans, gross	$	2,556,267	$	2,556,107	$	160
Allowance for credit losses	(27,434)		(16,643)		(10,791)
Total loans, net	$	2,528,833	$	2,539,464	$	(10,631)
Liabilities: Reserve for Unfunded Commitments	$	581	$	316	$	265

The following table shows the impact of change in methodology.

(Dollars in thousands)	Balance as of June 30, 2023		Impact of methodology change		Balance as of adoption of methodology change
Construction	$	2,386	$	33	$	2,419
Residential real estate	9,151		4,016		13,167
Commercial real estate	10,267		1,065		11,332
Commercial	1,956		442		2,398
Consumer	5,254		1,791		7,045
Total allowance	$	29,014	$	7,347	$	36,361