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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies  
Financial instruments with credit risk

(Dollars in thousands)

 

 

 

 

 

 

 

 

 Contractual Amount

 

 

 

 6/30/25

 

 

 12/31/24

 

Financial instruments whose contract amount represent credit risk:

 

 

 

 

 

 

 

 

 

 

 

 

 

Commitments to extend credit

 

$350,028

 

 

$348,876

 

 

 

 

 

 

 

 

 

 

Standby letters of credit

 

$1,607

 

 

$1,675

 

Allowance for credit losses for unfunded loan commitments

(dollars in thousands)

 

For three months ended

 

 

For six months ended

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance

 

$1,286

 

 

$1,698

 

 

$1,101

 

 

$1,770

 

Provision for (recovery of) credit losses

 

 

(28)

 

 

(133)

 

 

157

 

 

 

(205)

Ending balance

 

$1,258

 

 

$1,565

 

 

$1,258

 

 

$1,565