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Financial instruments with off-balance-sheet risk (Tables)
12 Months Ended
Dec. 31, 2023
Investments, All Other Investments [Abstract]  
Schedule of Financial Instruments with Off-Balance-Sheet Risk

Contractual or notional amounts of financial instruments representing off-balance-sheet credit risk are as follows as of December 31 (dollars in thousands):

 

   2023   2022 
   Fixed   Variable   Fixed   Variable 
Commitments to extend credit  $5,327   $6,966   $7,112   $16,090 
Unused lines of credit   3,962    18,859    4,544    14,162 
Totals  $9,289   $25,825   $11,656   $30,252 
                     
Schedule of Credit Losses on Off-Balance Sheet Credit

Allowance for Credit Losses on Off-Balance Sheet Credit Exposures

 

   For the
year ended
December 31, 2023
 
Beginning Balance  $ 
Impact of Adopting ASU 2016-13   165,000 
(Release) provision for credit losses   (30,000)
Ending Balance  $135,000