Other Real Estate (Tables)

9 Months Ended

Sep. 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):

	Nine Months Ended September 30,
	2024			2023
Balance at beginning of period	$	6,867		$	1,986
Additions		4,703			5,434
Disposals		(5,609	)		(1,903	)
(Write-downs) recoveries		(2,041	)		(32	)
Balance at end of period	$	3,920		$	5,485
Gains (losses), net on the sale of other real estate included in    other real estate expense	$	(1,054	)	$	(159	)

Other Real Estate, by Type of Property

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

	September 30, 2024		December 31, 2023
1-4 family residential properties	$	1,629	$	1,977
Nonfarm, nonresidential properties		2,291		4,835
Other real estate properties		—		55
Total other real estate	$	3,920	$	6,867

Other Real Estate, by Geographic Location

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

	September 30, 2024		December 31, 2023
Alabama	$	170	$	1,397
Mississippi (1)		1,772		1,242
Texas		1,978		4,228
Total other real estate	$	3,920	$	6,867

(1)Mississippi includes Central and Southern Mississippi Regions.

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