Financial Instruments with Off-Balance-Sheet Risk (Tables)

9 Months Ended

Sep. 30, 2023

Investments, All Other Investments [Abstract]

Schedule of Financial Instruments with Off-Balance-Sheet Risk

Financial instruments whose contract amounts represent off-balance-sheet credit risk are as follows as of September 30, 2023, and December 31, 2022, (dollars in thousands):

	September 30,		December 31,
	2023		2022
Commitments to extend credit	$	16,876	$	23,202
Unused lines of credit		25,225		18,706
Totals	$	42,101	$	41,908

Allowance for Credit Losses on Off-Balance Sheet Credit Exposures

Allowance for Credit Losses on Off-Balance Sheet Credit Exposures

	Three Months Ended			Nine Months Ended
	September 30, 2023			September 30, 2023
Beginning Balance		145,000			0
Impact of Adopting ASU 2016-13		0			165,000
(Release) provision for credit losses		(30,000	)		(50,000	)
Ending Balance		115,000			115,000