Other Real Estate (Tables)

12 Months Ended

Dec. 31, 2023

Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]

Changes and Gains (Losses), Net on Other Real Estate

For the periods presented, changes and gains (losses), net on other real estate were as follows ($ in thousands):

	Years Ended December 31,
	2023			2022			2021
Balance at beginning of period	$	1,986		$	4,557		$	11,651
Additions		7,237			1,533			770
Disposals		(2,555	)		(4,142	)		(6,932	)
(Write-downs) recoveries		199			38			(932	)
Balance at end of period	$	6,867		$	1,986		$	4,557
Gains (losses), net on the sale of other real estate    included in other real estate expense	$	(145	)	$	(1,006	)	$	(1,869	)

Other Real Estate, By Type of Property

At December 31, 2023 and 2022, other real estate by type of property consisted of the following ($ in thousands):

	December 31,
	2023		2022
1-4 family residential properties	$	1,977	$	1,128
Nonfarm, nonresidential properties		4,835		561
Other real estate properties		55		297
Total other real estate	$	6,867	$	1,986

Other Real Estate, By Geographic Location

At December 31, 2023 and 2022, other real estate by geographic location consisted of the following ($ in thousands):

	December 31,
	2023		2022
Alabama	$	1,397	$	194
Mississippi (1)		1,242		1,769
Tennessee (2)		—		23
Texas		4,228		—
Total other real estate	$	6,867	$	1,986

(1)Mississippi includes Central and Southern Mississippi Regions.

(2)Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.