Other Real Estate (Tables)

6 Months Ended

Jun. 30, 2024

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):

	Six Months Ended June 30,
	2024			2023
Balance at beginning of period	$	6,867		$	1,986
Additions		4,128			570
Disposals		(4,695	)		(1,266	)
(Write-downs) recoveries		286			(153	)
Balance at end of period	$	6,586		$	1,137
Gains (losses), net on the sale of other real estate included in    other real estate expense	$	(962	)	$	(112	)

Other Real Estate, by Type of Property

At June 30, 2024 and December 31, 2023, other real estate by type of property consisted of the following ($ in thousands):

	June 30, 2024		December 31, 2023
Construction, land development and other land properties	$	154	$	—
1-4 family residential properties		1,891		1,977
Nonfarm, nonresidential properties		4,541		4,835
Other real estate properties		—		55
Total other real estate	$	6,586	$	6,867

Other Real Estate, by Geographic Location

At June 30, 2024 and December 31, 2023, other real estate by geographic location consisted of the following ($ in thousands):

	June 30, 2024		December 31, 2023
Alabama	$	485	$	1,397
Mississippi (1)		1,787		1,242
Tennessee (2)		86		—
Texas		4,228		4,228
Total other real estate	$	6,586	$	6,867

(1)Mississippi includes Central and Southern Mississippi Regions.

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