Other Real Estate (Tables)

3 Months Ended

Mar. 31, 2025

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):

	Three Months Ended March 31,
	2025			2024
Balance at beginning of period	$	5,917		$	6,867
Additions		3,438			2,228
Disposals		(878	)		(957	)
(Write-downs) recoveries		(129	)		(518	)
Balance at end of period	$	8,348		$	7,620
Gains (losses), net on the sale of other real estate included in    other real estate expense	$	(77	)	$	(55	)

Other Real Estate, By Type of Property

At March 31, 2025 and December 31, 2024, other real estate by type of property consisted of the following ($ in thousands):

	March 31, 2025		December 31, 2024
Construction, land development and other land properties	$	—	$	46
1-4 family residential properties		3,290		2,260
Nonfarm, nonresidential properties		3,240		3,611
Other real estate properties		1,818		—
Total other real estate	$	8,348	$	5,917

Other Real Estate, By Geographic Location

At March 31, 2025 and December 31, 2024, other real estate by geographic location consisted of the following ($ in thousands):

	March 31, 2025		December 31, 2024
Alabama	$	271	$	170
Mississippi (1)		4,837		2,407
Tennessee (2)		979		1,079
Texas		2,261		2,261
Total other real estate	$	8,348	$	5,917

(1)Mississippi includes Central and Southern Mississippi Regions.

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