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TROUBLED DEBT RESTRUCTURINGS
3 Months Ended
Mar. 31, 2021
Troubled Debt Restructurings  
TROUBLED DEBT RESTRUCTURINGS

7. TROUBLED DEBT RESTRUCTURINGS

 

During the periods ended March 31, 2021 and 2020, there were no loans that were modified as troubled debt restructurings (“TDRs”).

 

There were no payment defaults during the three months ended March 31, 2021 or March 31, 2020 on troubled debt restructurings made in the preceding twelve months. At March 31, 2021 and December 31, 2020, there were no unfunded commitments on those loans considered troubled debt restructures. See also “Impaired Loans” in Item 2.