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CREDIT ALLOWANCE FOR UNFUNDED COMMITMENTS	12 Months Ended
Dec. 31, 2024
Credit Allowance For Unfunded Commitments
CREDIT ALLOWANCE FOR UNFUNDED COMMITMENTS	NOTE 20 CREDIT ALLOWANCE FOR UNFUNDED COMMITMENTS The Company maintains a separate allowance for credit losses on off-balance-sheet credit exposures, including unfunded loan commitments, which is included in other liabilities on the consolidated balance sheet. The allowance for credit losses for off-balance-sheet credit exposures is adjusted through a provision for credit losses in the consolidated statements of income. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life, utilizing the same models and approaches for the Company's other loan portfolio segments described above, as these unfunded commitments share similar risk characteristics as its loan portfolio segments. As of December 31, 2024 the Company has identified the unfunded portion of certain lines of credit as unconditionally cancellable credit exposures, meaning the Company can cancel the unfunded commitment at any time, and those commitments are excluded from the credit losses estimate. For the years end December 31, 2024 and 2023, the Company recorded a provision of $119,000 and a reversal of $63,000, respectively, to the liability for credit losses for unfunded commitments. As of December 31, 2024 and 2023, the liability for credit losses on off-balance-sheet credit exposures included in other liabilities was $404,000 and $285,000, respectively.

CREDIT ALLOWANCE FOR UNFUNDED COMMITMENTS

12 Months Ended

Dec. 31, 2024

Credit Allowance For Unfunded Commitments

CREDIT ALLOWANCE FOR UNFUNDED COMMITMENTS

NOTE 20 CREDIT ALLOWANCE FOR UNFUNDED COMMITMENTS

The Company maintains a separate allowance for credit losses on off-balance-sheet credit exposures, including unfunded loan commitments, which is included in other liabilities on the consolidated balance sheet. The allowance for credit losses for off-balance-sheet credit exposures is adjusted through a provision for credit losses in the consolidated statements of income. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life, utilizing the same models and approaches for the Company's other loan portfolio segments described above, as these unfunded commitments share similar risk characteristics as its loan portfolio segments. As of December 31, 2024 the Company has identified the unfunded portion of certain lines of credit as unconditionally cancellable credit exposures, meaning the Company can cancel the unfunded commitment at any time, and those commitments are excluded from the credit losses estimate.

For the years end December 31, 2024 and 2023, the Company recorded a provision of $119,000 and a reversal of $63,000, respectively, to the liability for credit losses for unfunded commitments. As of December 31, 2024 and 2023, the liability for credit losses on off-balance-sheet credit exposures included in other liabilities was $404,000 and $285,000, respectively.