LOANS AND ALLOWANCE FOR CREDIT LOSSES

3 Months Ended

Mar. 31, 2024

Receivables [Abstract]

LOANS AND ALLOWANCE FOR CREDIT LOSSES

NOTE 3 - LOANS AND ALLOWANCE FOR CREDIT LOSSES

The following table summarizes the Company’s loan portfolio by type of loan as of:

	March 31, 2024			December 31, 2023
Commercial and industrial	$	269,560		$	287,565
Real estate:
Construction and development		273,300			296,639
Commercial real estate		906,684			923,195
Farmland		180,502			186,295
1-4 family residential		523,573			514,603
Multi-family residential		44,569			44,292
Consumer		54,375			57,059
Agricultural		12,418			12,685
Overdrafts		276			243
Total loans		2,265,257			2,322,576
Net of:
Deferred loan fees, net		(685	)		(775	)
Allowance for credit losses		(30,560	)		(30,920	)
Total net loans(1)	$	2,234,012		$	2,290,881
(1) Excludes accrued interest receivable on loans of $8.9 million and $9.5 million as of March 31, 2024 and December 31, 2023, respectively, which is presented separately on the consolidated balance sheets.

The Company’s estimate of the allowance for credit losses (“ACL”) reflects losses expected over the remaining contractual life of the assets, adjusted for expected prepayments when appropriate. The contractual term does not consider possible extensions, renewals or modifications. The following tables present the activity in the ACL by class of loans for the three months ended March 31, 2024, for the year ended December 31, 2023 and for the three months ended March 31, 2023:

For the Three Months Ended March 31, 2024	Commercial and industrial			Construction and development			Commercial real estate		Farmland			1-4 family residential		Multi-family residential			Consumer			Agricultural			Overdrafts			Total
Allowance for credit losses:
Beginning balance	$	3,719		$	3,623		$	12,257	$	2,231		$	7,470	$	521		$	945		$	152		$	2		$	30,920
Provision for (reversal of) credit losses		67			(363	)		19		(27	)		215		(4	)		(194	)		(6	)		43			(250	)
Loans charged-off		(216	)		—			—		—			—		—			(35	)		—			(59	)		(310	)
Recoveries		174			—			—		—			—		—			7			2			17			200
Ending balance	$	3,744		$	3,260		$	12,276	$	2,204		$	7,685	$	517		$	723		$	148		$	3		$	30,560

For the Year Ended December 31, 2023	Commercial and industrial			Construction and development			Commercial real estate			Farmland		1-4 family residential		Multi-family residential		Consumer			Agricultural			Overdrafts			Total
Allowance for credit losses:
Beginning balance	$	4,382		$	4,889		$	12,658		$	2,008	$	6,617	$	490	$	778		$	149		$	3		$	31,974
(Reversal of) provision for credit losses		(209	)		(1,266	)		(124	)		223		853		31		238			4			250			—
Loans charged-off		(473	)		—			(277	)		—		—		—		(139	)		(3	)		(312	)		(1,204	)
Recoveries		19			—			—			—		—		—		68			2			61			150
Ending balance	$	3,719		$	3,623		$	12,257		$	2,231	$	7,470	$	521	$	945		$	152		$	2		$	30,920

For the Three Months Ended March 31, 2023	Commercial and industrial			Construction and development			Commercial real estate		Farmland		1-4 family residential		Multi-family residential			Consumer			Agricultural			Overdrafts			Total
Allowance for credit losses:
Beginning balance	$	4,382		$	4,889		$	12,658	$	2,008	$	6,617	$	490		$	778		$	149		$	3			31,974
(Reversal of) provision for credit losses		(239	)		(25	)		32		78		24		(11	)		82			(4	)		63			—
Loans charged-off		(3	)		—			—		—		—		—			(7	)		(3	)		(81	)		(94	)
Recoveries		8			—			—		—		—		—			45			2			18			73
Ending balance	$	4,148		$	4,864		$	12,690	$	2,086	$	6,641	$	479		$	898		$	144		$	3		$	31,953

We recorded a $250,000 reversal to our provision for credit losses during the first quarter of 2024. Our loan balances decreased $57.3 million during the quarter, while credit quality trends remained relatively stable and the qualitative factors used to account for changes in economic conditions and expected losses were adjusted in 2023. Those assumptions remain relevant in the current quarter, thus no additional qualitative factor adjustments were made in the current quarter.

The Company uses the weighted-average remaining maturity ("WARM") method as the basis for the estimation of expected credit losses. The WARM method uses a historical average annual charge-off rate containing loss content over a historical lookback period and is used as a foundation for estimating the credit loss reserve for the remaining outstanding balances of loans in a segment at the balance sheet date. The average annual charge-off rate is applied to the contractual term, further adjusted for estimated prepayments, to determine the unadjusted historical charge-off rate. The calculation of the unadjusted historical charge-off rate is then adjusted, using qualitative factors, for current conditions and for reasonable and supportable forecast periods. Qualitative loss factors are based on the Company’s judgment of company, market, industry or business specific data, differences in loan-specific risk characteristics such as underwriting standards, portfolio mix, risk grades, delinquency level, or term. These qualitative factors serve to compensate for additional areas of uncertainty inherent in the portfolio that are not reflected in our historic loss factors. Additionally, we have adjusted for changes in expected environmental and economic conditions, such as changes in unemployment rates, property values, and other relevant factors over the next 12 to 24 months. Management adjusted the historical loss experience for these expectations. No reversion adjustments were necessary, as the starting point for the Company’s estimate was a cumulative loss rate covering the expected contractual term of the portfolio.

The ACL is measured on a collective segment basis when similar risk characteristics exist. Our loan portfolio is segmented first by regulatory call report code, and second, by internally identified risk grades for our commercial loan segments and by delinquency status for our consumer loan segments. We also have separate segments for our internally originated SBA loans and for our SBA loans acquired from Westbound Bank. Consistent forecasts of the loss drivers are used across the loan segments. For loans that do not share general risk characteristics with segments, we estimate a specific reserve on an individual basis. A reserve is recorded when the carrying amount of the loan exceeds the discounted estimated cash flows using the loan's initial effective interest rate or the fair value of collateral for collateral-dependent loans.

Assets are graded “pass” when the relationship exhibits acceptable credit risk and indicates repayment ability, tolerable collateral coverage and reasonable performance history. Lending relationships exhibiting potentially significant credit risk and marginal repayment ability and/or asset protection are graded “special mention.” Assets classified as “substandard” are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified must have a well-defined weakness that jeopardizes the liquidation of the debt. Substandard graded loans are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Assets graded “doubtful” are substandard graded loans that have added characteristics that make collection or liquidation in full improbable. Loans that are on nonaccrual status are generally classified as substandard.

In general, the loans in our portfolio have low historical credit losses. The Company closely monitors economic conditions and loan performance trends to manage and evaluate the exposure to credit risk. Key factors tracked by the Company and utilized in evaluating the credit quality of the loan portfolio include trends in delinquency ratios, the level of nonperforming assets, borrower’s repayment capacity, and collateral coverage.

The following table summarizes the credit exposure in the Company’s loan portfolio, by year of origination, as of March 31, 2024:

March 31, 2024	2024		2023		2022		2021		2020			Prior		Revolving Loans Amortized Cost		Total
Commercial and industrial:
Pass	$	7,894	$	36,490	$	65,398	$	36,745	$	12,123		$	19,193	$	88,921	$	266,764
Special mention		—		—		9		88		—			82		—		179
Substandard		—		490		255		33		990			566		—		2,334
Nonaccrual		—		51		126		—		7			87		12		283
Total commercial and industrial loans	$	7,894	$	37,031	$	65,788	$	36,866	$	13,120		$	19,928	$	88,933	$	269,560
Charge-offs	$	—	$	—	$	—	$	—	$	(216	)	$	—	$	—	$	(216	)
Recoveries		—		—		—		—		—			174		—		174
Current period net	$	—	$	—	$	—	$	—	$	(216	)	$	174	$	—	$	(42	)
Construction and development:
Pass	$	12,766	$	78,785	$	94,439	$	55,898	$	6,243		$	18,042	$	6,624	$	272,797
Special mention		—		—		—		—		—			—		—		—
Substandard		—		—		187		—		—			67		—		254
Nonaccrual		73		132		—		—		—			44		—		249
Total construction and development loans	$	12,839	$	78,917	$	94,626	$	55,898	$	6,243		$	18,153	$	6,624	$	273,300
Charge-offs	$	—	$	—	$	—	$	—	$	—		$	—	$	—	$	—
Recoveries		—		—		—		—		—			—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—		$	—	$	—	$	—
Commercial real estate:
Pass	$	10,388	$	55,208	$	359,523	$	146,488	$	79,919		$	215,062	$	14,692	$	881,280
Special mention		—		—		12,325		—		—			4,494		—		16,819
Substandard		—		—		1,296		7,063		—			226		—		8,585
Nonaccrual		—		—		—		—		—			—		—		—
Total commercial real estate loans	$	10,388	$	55,208	$	373,144	$	153,551	$	79,919		$	219,782	$	14,692	$	906,684
Charge-offs	$	—	$	—	$	—	$	—	$	—		$	—	$	—	$	—
Recoveries		—		—		—		—		—			—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—		$	—	$	—	$	—

March 31, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost		Total
Farmland:
Pass	$	1,089	$	23,045	$	73,513	$	45,185	$	7,989	$	20,445	$	8,459	$	179,725
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		48		—		76		—		124
Nonaccrual		—		—		—		256		104		293		—		653
Total farmland loans	$	1,089	$	23,045	$	73,513	$	45,489	$	8,093	$	20,814	$	8,459	$	180,502
Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Recoveries		—		—		—		—		—		—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
1-4 family residential:
Pass	$	14,126	$	62,059	$	143,318	$	117,522	$	41,147	$	118,567	$	22,114	$	518,853
Special mention		—		—		—		72		—		19		—		91
Substandard		—		—		—		—		—		—		—		—
Nonaccrual		—		—		—		1,245		371		2,847		166		4,629
Total 1-4 family residential loans	$	14,126	$	62,059	$	143,318	$	118,839	$	41,518	$	121,433	$	22,280	$	523,573
Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Recoveries		—		—		—		—		—		—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Multi-family residential:
Pass	$	—	$	1,971	$	19,946	$	15,047	$	2,337	$	5,261	$	7	$	44,569
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Nonaccrual		—		—		—		—		—		—		—		—
Total multi-family residential loans	$	—	$	1,971	$	19,946	$	15,047	$	2,337	$	5,261	$	7	$	44,569
Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Recoveries		—		—		—		—		—		—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

March 31, 2024	2024			2023			2022			2021		2020			Prior			Revolving Loans Amortized Cost		Total
Consumer and overdrafts:
Pass	$	6,817		$	21,293		$	12,771		$	4,987	$	2,033		$	2,630		$	3,830	$	54,361
Special mention		—			27			7			—		—			9			—		43
Substandard		—			—			—			—		—			—			—		—
Nonaccrual		—			29			80			72		23			43			—		247
Total consumer loans and overdrafts	$	6,817		$	21,349		$	12,858		$	5,059	$	2,056		$	2,682		$	3,830	$	54,651
Charge-offs	$	(59	)	$	(20	)	$	(8	)	$	—	$	—		$	(7	)	$	—	$	(94	)
Recoveries		17			—			—			2		3			2			—		24
Current period net	$	(42	)	$	(20	)	$	(8	)	$	2	$	3		$	(5	)	$	—	$	(70	)
Agricultural:
Pass	$	689		$	1,612		$	1,702		$	1,001	$	636		$	804		$	5,855	$	12,299
Special mention		—			—			—			—		—			—			—		—
Substandard		—			—			—			—		—			19			—		19
Nonaccrual		—			—			—			—		—			100			—		100
Total agricultural loans	$	689		$	1,612		$	1,702		$	1,001	$	636		$	923		$	5,855	$	12,418
Charge-offs	$	—		$	—		$	—		$	—	$	—		$	—		$	—	$	—
Recoveries		—			—			—			—		—			2			—		2
Current period net	$	—		$	—		$	—		$	—	$	—		$	2		$	—	$	2
Total loans:
Pass	$	53,769		$	280,463		$	770,610		$	422,873	$	152,427		$	400,004		$	150,502	$	2,230,648
Special mention		—			27			12,341			160		—			4,604			—		17,132
Substandard		—			490			1,738			7,144		990			954			—		11,316
Nonaccrual		73			212			206			1,573		505			3,414			178		6,161
Total loans	$	53,842		$	281,192		$	784,895		$	431,750	$	153,922		$	408,976		$	150,680	$	2,265,257
Charge-offs	$	(59	)	$	(20	)	$	(8	)	$	—	$	(216	)	$	(7	)	$	—	$	(310	)
Recoveries		17			—			—			2		3			178			—		200
Total current period net (charge-offs) recoveries	$	(42	)	$	(20	)	$	(8	)	$	2	$	(213	)	$	171		$	—	$	(110	)

The following table summarizes the credit exposure in the Company’s loan portfolio, by year of origination, as of December 31, 2023:

December 31, 2023	2023			2022		2021			2020			2019			Prior			Revolving Loans Amortized Cost			Total
Commercial and industrial:
Pass	$	42,646		$	72,376	$	38,328		$	12,864		$	8,249		$	12,524		$	96,215		$	283,202
Special mention		—			16		132			958			147			—			250			1,503
Substandard		—			190		—			370			370			153			—			1,083
Nonaccrual		—			129		1,528			7			—			79			34			1,777
Total commercial and industrial loans	$	42,646		$	72,711	$	39,988		$	14,199		$	8,766		$	12,756		$	96,499		$	287,565
Charge-offs	$	(79	)	$	—	$	(25	)	$	(41	)	$	(31	)	$	(4	)	$	(293	)	$	(473	)
Recoveries		—			—		—			—			—			4			15			19
Current period net	$	(79	)	$	—	$	(25	)	$	(41	)	$	(31	)	$	—		$	(278	)	$	(454	)
Construction and development:
Pass	$	86,641		$	112,347	$	62,548		$	7,074		$	5,915		$	12,504		$	9,237		$	296,266
Special mention		—			—		—			—			—			—			—			—
Substandard		—			189		—			—			—			67			—			256
Nonaccrual		—			73		—			—			—			44			—			117
Total construction and development loans	$	86,641		$	112,609	$	62,548		$	7,074		$	5,915		$	12,615		$	9,237		$	296,639
Charge-offs	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—
Recoveries		—			—		—			—			—			—			—			—
Current period net	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—
Commercial real estate:
Pass	$	46,655		$	368,933	$	149,536		$	81,765		$	54,100		$	176,509		$	15,065		$	892,563
Special mention		—			7,000		—			—			—			333			—			7,333
Substandard		—			15,831		6,950			—			49			337			—			23,167
Nonaccrual		—			—		—			—			32			100			—			132
Total commercial real estate loans	$	46,655		$	391,764	$	156,486		$	81,765		$	54,181		$	177,279		$	15,065		$	923,195
Charge-offs	$	(190	)	$	—	$	—		$	—		$	—		$	(87	)	$	—		$	(277	)
Recoveries		—			—		—			—			—			—			—			—
Current period net	$	(190	)	$	—	$	—		$	—		$	—		$	(87	)	$	—		$	(277	)

December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost		Total
Farmland:
Pass	$	25,009	$	77,371	$	46,817	$	8,556	$	5,599	$	15,850	$	6,849	$	186,051
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		27		53		—		80
Nonaccrual		—		—		—		—		—		164		—		164
Total farmland loans	$	25,009	$	77,371	$	46,817	$	8,556	$	5,626	$	16,067	$	6,849	$	186,295
Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Recoveries		—		—		—		—		—		—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
1-4 family residential:
Pass	$	57,348	$	143,992	$	120,964	$	42,535	$	28,764	$	95,198	$	22,146	$	510,947
Special mention		—		—		—		—		—		863		—		863
Substandard		—		—		—		—		—		—		—		—
Nonaccrual		—		—		1,249		53		175		1,316		—		2,793
Total 1-4 family residential loans	$	57,348	$	143,992	$	122,213	$	42,588	$	28,939	$	97,377	$	22,146	$	514,603
Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Recoveries		—		—		—		—		—		—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Multi-family residential:
Pass	$	1,984	$	18,041	$	16,496	$	2,363	$	3,862	$	1,492	$	54	$	44,292
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Nonaccrual		—		—		—		—		—		—		—		—
Total multi-family residential loans	$	1,984	$	18,041	$	16,496	$	2,363	$	3,862	$	1,492	$	54	$	44,292
Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Recoveries		—		—		—		—		—		—		—		—
Current period net	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

December 31, 2023	2023			2022			2021			2020			2019			Prior			Revolving Loans Amortized Cost			Total
Consumer and overdrafts:
Pass	$	26,161		$	15,181		$	5,840		$	2,449		$	589		$	2,307		$	4,488		$	57,015
Special mention		6			26			5			—			—			—			—			37
Substandard		—			—			—			—			—			—			—			—
Nonaccrual		19			52			75			25			42			37			—			250
Total consumer loans and overdrafts	$	26,186		$	15,259		$	5,920		$	2,474		$	631		$	2,344		$	4,488		$	57,302
Charge-offs	$	(346	)	$	(38	)	$	(51	)	$	(11	)	$	(5	)	$	—		$	—		$	(451	)
Recoveries		61			—			4			1			—			23			40			129
Current period net	$	(285	)	$	(38	)	$	(47	)	$	(10	)	$	(5	)	$	23		$	40		$	(322	)
Agricultural:
Pass	$	1,857		$	1,962		$	1,078		$	685		$	236		$	604		$	5,879		$	12,301
Special mention		—			—			—			—			—			—			—			—
Substandard		—			—			—			—			—			25			—			25
Nonaccrual		—			—			256			—			74			29			—			359
Total agricultural loans	$	1,857		$	1,962		$	1,334		$	685		$	310		$	658		$	5,879		$	12,685
Charge-offs	$	—		$	—		$	—		$	—		$	—		$	(3	)	$	—		$	(3	)
Recoveries		—			—			—			—			—			2			—			2
Current period net	$	—		$	—		$	—		$	—		$	—		$	(1	)	$	—		$	(1	)
Total loans:
Pass	$	288,301		$	810,203		$	441,607		$	158,291		$	107,314		$	316,988		$	159,933		$	2,282,637
Special mention		6			7,042			137			958			147			1,196			250			9,736
Substandard		—			16,210			6,950			370			446			635			—			24,611
Nonaccrual		19			254			3,108			85			323			1,769			34			5,592
Total loans	$	288,326		$	833,709		$	451,802		$	159,704		$	108,230		$	320,588		$	160,217		$	2,322,576
Charge-offs	$	(615	)	$	(38	)	$	(76	)	$	(52	)	$	(36	)	$	(94	)	$	(293	)	$	(1,204	)
Recoveries		61			—			4			1			—			29			55			150
Total current period net charge-offs	$	(554	)	$	(38	)	$	(72	)	$	(51	)	$	(36	)	$	(65	)	$	(238	)	$	(1,054	)

There were no loans classified in the “doubtful” or “loss” risk rating categories as of March 31, 2024 or December 31, 2023.

There were no individually evaluated collateral-dependent loans within the ACL model as of March 31, 2024.

The following table presents the amortized cost basis of individually evaluated collateral-dependent loans within the ACL model as of December 31, 2023.

December 31, 2023	Real Estate		Non-RE		Total		Allowance for Credit Losses Allocation
Commercial and industrial	$	—	$	217	$	217	$	217
Real estate:
Construction and development		—		—		—		—
Commercial real estate		14,527		—		14,527		—
Total	$	14,527	$	217	$	14,744	$	217

The following tables summarize the payment status of loans in the Company’s total loan portfolio, including an aging of delinquent loans and loans 90 days or more past due continuing to accrue interest as of:

March 31, 2024	30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days and Accruing
Commercial and industrial	$	643	$	127	$	130	$	900	$	268,660	$	269,560	$	—
Real estate:
Construction and development		94		—		176		270		273,030		273,300		—
Commercial real estate		454		576		—		1,030		905,654		906,684		—
Farmland		2,311		—		251		2,562		177,940		180,502		—
1-4 family residential		2,165		266		3,257		5,688		517,885		523,573		—
Multi-family residential		—		—		—		—		44,569		44,569		—
Consumer		264		59		153		476		53,899		54,375		—
Agricultural		73		—		29		102		12,316		12,418		—
Overdrafts		—		—		—		—		276		276		—
Total	$	6,004	$	1,028	$	3,996	$	11,028	$	2,254,229	$	2,265,257	$	—

December 31, 2023	30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days and Accruing
Commercial and industrial	$	621	$	30	$	1,656	$	2,307	$	285,258	$	287,565	$	—
Real estate:
Construction and development		315		288		117		720		295,919		296,639		—
Commercial real estate		356		—		132		488		922,707		923,195		—
Farmland		226		84		—		310		185,985		186,295		—
1-4 family residential		2,827		1,110		1,612		5,549		509,054		514,603		—
Multi-family residential		—		—		—		—		44,292		44,292		—
Consumer		169		77		162		408		56,651		57,059		—
Agricultural		16		—		—		16		12,669		12,685		—
Overdrafts		—		—		—		—		243		243		—
Total	$	4,530	$	1,589	$	3,679	$	9,798	$	2,312,778	$	2,322,576	$	—

The following table presents information regarding nonaccrual loans as of:

	March 31, 2024		December 31, 2023
Commercial and industrial	$	283	$	1,777
Real estate:
Construction and development		249		117
Commercial real estate		—		132
Farmland		653		164
1-4 family residential		4,629		2,793
Consumer and overdrafts		247		250
Agricultural		100		359
Total	$	6,161	$	5,592

There were no commitments to lend additional funds to borrowers whose loans were classified as nonaccrual. There were no nonaccrual loans for which there was no related allowance at March 31, 2024.

Modifications to Borrowers Experiencing Financial Difficulty

The following table presents the amortized cost basis of loans made to borrowers experiencing financial difficulty that were modified during the three months ended March 31, 2023. No loan modifications were made during the three months ended March 31, 2024.

For the Three Months Ended March 31, 2023	Term Extension		Total Class of Financing Receivable
Consumer	$	49		0.08	%
Total loans	$	49		0.00	%

The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty during the three months ended March 31, 2023:

Loan Type	Financial Effect
Consumer	Amortization period was extended by a weighted-average period of 7.2 years.

The following table provides an age analysis of loans made to borrowers experiencing financial difficulty that have been modified during the last twelve months and continue to experience financial difficulty as of March 31, 2024:

	Current		30 to 89 Days Past Due		90 Days or Greater Past Due
Commercial and industrial	$	792	$	—	$	—
1-4 family residential		53		—		—
Consumer		9		—		—
Total loans	$	854	$	—	$	—

As of March 31, 2024, the Company did not have any loans made to borrowers experiencing financial difficulty that were modified during the three months ended March 31, 2024 and 2023 that subsequently defaulted.