ALLOWANCE FOR CREDIT LOSSES FOR LOANS (“ACLL”) (Tables)

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

Schedule of allowance for credit losses for loans

		Real estate secured
(Dollars are in thousands)		Commercial		Construction and Land Development		Residential 1-4 family		Multifamily		Farmland		Commercial		Agriculture		Consumer and All Other		Unallocated		Total
Six months ended June 30, 2024
Beginning balance	$	2,518	$	300	$	2,666	$	509	$	163	$	673	$	33	$	394	$	-	$	7,256
Charge-offs		(1)		-		(24)		-		-		(147)		-		(130)		-		(302)
Recoveries		26		26		18		-		199		1		-		77		-		347
Provision for credit losses		302		(58)		126		(3)		(202)		87		1		173		-		426
Ending balance	$	2,845	$	268	$	2,786	$	506	$	160	$	614	$	34	$	514	$	-	$	7,727
Three months ended June 30, 2024
Beginning balance	$	2,500	$	295	$	2,749	$	489	$	162	$	723	$	36	$	452	$	-	$	7,406
Charge-offs		(1)		-		(24)		-		-		(147)		-		(60)		-		(232)
Recoveries		-		11		9		-		82		1		-		28		-		131
Provision for credit losses		346		(38)		52		17		(84)		37		(2)		94		-		422
Ending balance	$	2,845	$	268	$	2,786	$	506	$	160	$	614	$	34	$	514	$	-	$	7,727
		Real estate secured
(Dollars are in thousands)		Commercial		Construction and Land Development		Residential 1-4 family		Multifamily		Farmland		Commercial		Agriculture		Consumer and All Other		Unallocated		Total
Year ended December 31, 2023
Beginning balance	$	2,364	$	345	$	2,364	$	262	$	153	$	381	$	32	$	c           386	$	440	$	6,727
Adjustment to allowance for adoption of ASU 2016-13		(299)		164		275		12		75		241		(5)		(103)		(440)
Charge-offs		-		-		(51)		-		-		(45)		(59)		(321)		-		(476)
Recoveries		-		35		37		111		-		19		5		166		-		373
Provision for credit losses		453		(244)		41		124		(65)		77		60		266		-		712
Ending balance	$	2,518	$	300	$	2,666	$	509	$	163	$	673	$	33	$	394	$	-	$	7,256