FINANCIAL INSTRUMENTS WITH OFF BALANCE SHEET RISK (Tables)

9 Months Ended

Sep. 30, 2024

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 the dates indicated (dollars in thousands):

	September 30, 2024				December 31, 2023
	Fixed		Variable		Fixed		Variable
Commitments to extend credit	$	7,069	$	25,493	$	5,327	$	6,966
Unused lines of credit		3,551		39,781		3,962		18,859
Totals	$	10,620	$	65,274	$	9,289	$	25,825

Schedule of Credit Losses on Off-Balance Sheet Credit

Allowance for Credit Losses on Off-Balance Sheet Credit Exposures

	For the three months ended September 30, 2024
Beginning Balance:	$	350,000
(Release) provision for credit losses		—
Ending Balance	$	350,000

	For the nine months ended September 30, 2024
Beginning Balance:	$	135,000
Impact of merger with CBOA Financial, Inc.		222,000
(Release) provision for credit losses		(7,000	)
Ending Balance	$	350,000