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Loans
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Loans Loans
(In Thousands, Except Number of Loans)

For purposes of this Note 3, all references to “loans” mean loans excluding loans held for sale.

The following is a summary of loans and leases as of the dates presented:
 
June 30,
2024
December 31, 2023
Commercial, financial, agricultural$1,847,762 $1,871,821 
Lease financing108,178 122,807 
Real estate – construction:
Residential275,966 269,616 
Commercial1,079,459 1,063,781 
Total real estate – construction1,355,425 1,333,397 
Real estate – 1-4 family mortgage:
Primary2,415,150 2,422,482 
Home equity529,803 522,688 
Rental/investment388,305 373,755 
Land development102,560 120,994 
Total real estate – 1-4 family mortgage3,435,818 3,439,919 
Real estate – commercial mortgage:
Owner-occupied1,724,601 1,648,961 
Non-owner occupied3,938,351 3,733,174 
Land development103,526 104,415 
Total real estate – commercial mortgage5,766,478 5,486,550 
Installment loans to individuals96,276 103,523 
Gross loans12,609,937 12,358,017 
Unearned income(5,182)(6,787)
Loans, net of unearned income$12,604,755 $12,351,230 


Past Due and Nonaccrual Loans
Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Generally, the recognition of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Consumer and other retail loans are typically charged-off no later than the time the loan is 120 days past due. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Loans may be placed on nonaccrual status regardless of whether or not
such loans are considered past due. For loans that are placed on nonaccrual status or charged-off, all interest accrued for the current year but not collected is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.

The following tables provide an aging of past due accruing and nonaccruing loans, segregated by class, as of the dates presented:
 Accruing LoansNonaccruing Loans 
 30-89 Days
Past Due
90 Days
or More
Past Due
Current
Loans
Total
Loans
30-89 Days
Past Due
90 Days
or More
Past Due
Current
Loans
Total
Loans
Total
Loans
June 30, 2024
Commercial, financial, agricultural$1,248 $22 $1,840,648 $1,841,918 $257 $1,296 $4,291 $5,844 $1,847,762 
Lease financing1,274 — 106,902 108,176 — — 108,178 
Real estate – construction:
Residential4,151 — 271,815 275,966 — — — — 275,966 
Commercial4,518 — 1,074,941 1,079,459 — — — — 1,079,459 
Total real estate – construction8,669 — 1,346,756 1,355,425 — — — — 1,355,425 
Real estate – 1-4 family mortgage:
Primary10,226 211 2,351,121 2,361,558 5,800 26,338 21,454 53,592 2,415,150 
Home equity2,751 — 523,819 526,570 1,508 868 857 3,233 529,803 
Rental/investment209 — 387,153 387,362 57 780 106 943 388,305 
Land development152 — 102,368 102,520 — 29 11 40 102,560 
Total real estate – 1-4 family mortgage13,338 211 3,364,461 3,378,010 7,365 28,015 22,428 57,808 3,435,818 
Real estate – commercial mortgage:
Owner-occupied1,722 — 1,716,627 1,718,349 437 701 5,114 6,252 1,724,601 
Non-owner occupied733 — 3,913,194 3,913,927 356 153 23,915 24,424 3,938,351 
Land development547 — 99,769 100,316 103 17 3,090 3,210 103,526 
Total real estate – commercial mortgage3,002 — 5,729,590 5,732,592 896 871 32,119 33,886 5,766,478 
Installment loans to individuals976 95,038 96,021 51 111 93 255 96,276 
Unearned income— — (5,182)(5,182)— — — — (5,182)
Loans, net of unearned income$28,507 $240 $12,478,213 $12,506,960 $8,569 $30,293 $58,933 $97,795 $12,604,755 
 
 Accruing LoansNonaccruing Loans 
 30-89 Days
Past Due
90 Days
or More
Past Due
Current
Loans
Total
Loans
30-89 Days
Past Due
90 Days
or More
Past Due
Current
Loans
Total
Loans
Total
Loans
December 31, 2023
Commercial, financial, agricultural$1,098 $483 $1,864,441 $1,866,022 $1,310 $1,296 $3,193 $5,799 $1,871,821 
Lease financing687 — 122,120 122,807 — — — — 122,807 
Real estate – construction:
Residential— — 269,616 269,616 — — — — 269,616 
Commercial— — 1,063,781 1,063,781 — — — — 1,063,781 
Total real estate – construction— — 1,333,397 1,333,397 — — — — 1,333,397 
Real estate – 1-4 family mortgage:
Primary33,679 — 2,344,629 2,378,308 9,454 19,394 15,326 44,174 2,422,482 
Home equity3,004 — 516,835 519,839 987 868 994 2,849 522,688 
Rental/investment58 371,508 371,575 43 1,786 351 2,180 373,755 
Land development206 — 120,769 120,975 — 19 — 19 120,994 
Total real estate – 1-4 family mortgage36,898 58 3,353,741 3,390,697 10,484 22,067 16,671 49,222 3,439,919 
Real estate – commercial mortgage:
Owner-occupied4,867 — 1,640,721 1,645,588 131 1,904 1,338 3,373 1,648,961 
Non-owner occupied9,161 — 3,714,239 3,723,400 6,740 — 3,034 9,774 3,733,174 
Land development90 — 104,025 104,115 — 259 41 300 104,415 
Total real estate – commercial mortgage14,118 — 5,458,985 5,473,103 6,871 2,163 4,413 13,447 5,486,550 
Installment loans to individuals1,230 13 101,932 103,175 13 331 348 103,523 
Unearned income— — (6,787)(6,787)— — — — (6,787)
Loans, net of unearned income$54,031 $554 $12,227,829 $12,282,414 $18,678 $25,530 $24,608 $68,816 $12,351,230 

Certain Modifications to Borrowers Experiencing Financial Difficulty
Certain modifications of loans made to borrowers experiencing financial difficulty in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay (including extension of the amortization period), or a term extension, excluding covenant waivers and modification of contingent acceleration clauses, are required to be disclosed in accordance with ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”). All modifications for the six months ended June 30, 2024 and 2023 and which met the disclosure criteria in ASU 2022-02 were performing in accordance with their modified terms at June 30, 2024 and 2023, respectively. Unused commitments totaled $338 at June 30, 2024. There were $1,600 in unused commitments at June 30, 2023. Upon the Company’s determination that a modification has been subsequently deemed uncollectible, the loan, or portion of the loan, is charged off, the amortized cost basis of the loan is reduced by the uncollectible amount, and the allowance for credit losses is adjusted accordingly. See Note 4, “Allowance for Credit Losses,” for more information on the allowance for credit losses.

The following tables present the amortized cost basis of loans that were experiencing financial difficulty, modified during the three and six months ended June 30, 2024 and 2023, respectively, and required to be disclosed under ASU 2022-02, by class of financing receivable and by type of modification. The percentage of the amortized cost basis for each class of disclosed modifications as compared to the amortized cost basis of each class of loans is also presented below.
Three Months Ended June 30, 2024
Term ExtensionTerm Extension and Payment DelayInterest Rate Reduction, Term Extension and Payment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$— $— $138 $138 0.01 %
Real estate – commercial mortgage:
Non-owner occupied2,506 — — 2,506 0.06 
Installment loans to individuals— — — 
Loans, net of unearned income$2,506 $$138 $2,645 0.02 %


Six Months Ended June 30, 2024
Interest Rate ReductionTerm ExtensionPayment DelayTerm Extension and Payment DelayInterest Rate Reduction and Term ExtensionInterest Rate Reduction, Term Extension and Payment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$1,741 $165 $— $517 $— $138 $2,561 0.14 %
Real estate – 1-4 family mortgage:
Primary— 33 246 — — — 279 0.01 
Real estate – commercial mortgage:
Owner-occupied7,431 187 — — 270 — 7,888 0.46 
Non-owner occupied— 2,506 89 — — — 2,595 0.07 
Total real estate – commercial mortgage7,431 2,693 89 — 270 — 10,483 0.18 
Installment loans to individuals— — 14 — — 15 0.02 
Loans, net of unearned income$9,172 $2,891 $349 $518 $270 $138 $13,338 0.11 %

Three Months Ended June 30, 2023
Interest Rate ReductionTerm ExtensionPayment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$— $1,210 $— $1,210 0.07 %
Real estate – construction:
Residential— 4,366 — 4,366 1.42 
Real estate – 1-4 family mortgage:
Home equity— — — 
Real estate – commercial mortgage:
Land development— 97 277 374 0.33 
Loans, net of unearned income$$5,673 $277 $5,959 0.05 %
Six Months Ended June 30, 2023
Interest Rate ReductionTerm ExtensionPayment DelayTotal% Total Loans by Class
Commercial, financial, agricultural$— $1,210 $— $1,210 0.07 %
Real estate – construction:
Residential— 4,366 — 4,366 1.42 
Real estate – 1-4 family mortgage:
Home equity— — — 
Real estate – commercial mortgage:
Owner-occupied155 — — 155 0.01 
Non-owner occupied1,026 — — 1,026 0.03 
Land development— 97 277 374 0.33 
Total real estate – commercial mortgage1,181 97 277 1,555 0.03 %
Loans, net of unearned income$1,190 $5,673 $277 $7,140 0.06 %

The following tables present the weighted average financial effect of loan modifications requiring disclosure under ASU 2022-02 by class of financing receivable for the periods presented.

Three months ended June 30, 2024
Loan TypeFinancial Effect
Term Extension
Real Estate - Commercial Mortgage - Non-owner Occupied
Extended the term 8 months
Combination - Term Extension and Payment Delay
Installment loans to individuals
Extended the term and delayed the payment 61 months
Combination - Interest Rate Reduction, Term Extension and Payment Delay
Commercial, financial, agricultural
Reduced the interest rate 181 basis points and extended the term and delayed the payment 59 months
Installment loans to individuals
Reduced the interest rate 324 basis points and extended the term and delayed the payment 60 months
Six months ended June 30, 2024
Loan TypeFinancial Effect
Interest Rate Reduction
Commercial, financial, agricultural
Reduced the interest rate 39 basis points
Real Estate - Commercial Mortgage - Owner Occupied
Reduced the interest rate 47 basis points
Term Extension
Commercial, financial, agricultural
Extended the term 7 months
Real estate – 1-4 family mortgage - Primary
Extended the term 24 months
Real Estate - Commercial Mortgage - Owner Occupied
Extended the term 10 months
Real Estate - Commercial Mortgage - Non-owner Occupied
Extended the term 8 months
Payment Delay
Real estate – 1-4 family mortgage - Primary
Delayed the payment 36 months
Real Estate - Commercial Mortgage - Owner Occupied
Delayed the payment 9 months
Real Estate - Commercial Mortgage - Non-owner Occupied
Delayed the payment 17 months
Combination - Term Extension and Payment Delay
Commercial, financial, agricultural
Extended the term and delayed the payment 42 months
Installment loans to individuals
Extended the term and delayed the payment 61 months
Interest Rate Reduction and Term Extension
Real Estate - Commercial Mortgage - Owner Occupied
Reduced the interest rate 275 basis points and extended the term and delayed the payment 21 months
Combination - Interest Rate Reduction, Term Extension and Payment Delay
Commercial, financial, agricultural
Reduced the interest rate 181 basis points and extended the term and delayed the payment 59 months
Installment loans to individuals
Reduced the interest rate 324 basis points and extended the term and delayed the payment 60 months
Three months ended June 30, 2023
Loan TypeFinancial Effect
Interest Rate Reduction
Real estate – 1-4 family mortgage - Home Equity
Reduced the interest rate 300 basis points
Term Extension
Commercial, financial, agricultural
Extended the term 2 months
Real estate – Construction - Residential
Extended the term 5 months
Real Estate - Commercial Mortgage - Land Development
Extended the term 8 months
Payment Delay
Real Estate - Commercial Mortgage - Land Development
Delayed the payment 3 months
Six months ended June 30, 2023
Loan TypeFinancial Effect
Interest Rate Reduction
Real estate – 1-4 family mortgage - Home Equity
Reduced the interest rate 300 basis points
Real Estate - Commercial Mortgage - Owner Occupied
Reduced the interest rate 68 basis points
Real Estate - Commercial Mortgage - Non-owner Occupied
Reduced the interest rate 12 basis points
Term Extension
Commercial, financial, agricultural
Extended the term 2 months
Real estate – Construction - Residential
Extended the term 5 months
Real Estate - Commercial Mortgage - Land Development
Extended the term 8 months
Payment Delay
Real Estate - Commercial Mortgage - Land Development
Delayed the payment 3 months
Credit Quality
For loans with a commercial purpose, internal risk-rating grades are assigned by lending, credit administration and loan review personnel, based on an analysis of the financial and collateral strength and other credit attributes underlying each loan. Management analyzes the resulting ratings, as well as other external statistics and factors such as delinquency, to track the migration performance of the portfolio balances of commercial and commercial real estate secured loans. Loan grades range between 10 and 95, with 10 being loans with the least credit risk. Loans within the “Pass” grade (those with a risk rating between 10 and 60) generally have a lower risk of loss and therefore a lower risk factor applied to the loan balances. The “Special Mention” grade (those with a risk rating of 70) represents a loan where a significant adverse risk-modifying action is anticipated in the near term that, if left uncorrected, could result in deterioration of the credit quality of the loan. Loans that migrate toward the “Substandard” grade (those with a risk rating between 80 and 95) generally have a higher risk of loss and therefore a higher risk factor applied to those related loan balances.
The following tables present the Company’s loan portfolio by year of origination and internal risk-rating grades as of the dates presented:
 Term Loans Amortized Cost Basis by Origination Year
 20242023202220212020PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
June 30, 2024
Commercial, Financial, Agricultural$117,838 $271,757 $257,778 $148,375 $85,797 $77,080 $864,555 $4,340 $1,827,520 
Pass109,925 269,269 242,743 147,816 85,070 72,226 830,193 3,087 1,760,329 
Special Mention397 2,010 211 235 151 463 16,925 — 20,392 
Substandard7,516 478 14,824 324 576 4,391 17,437 1,253 46,799 
Lease Financing Receivables$8,550 $29,675 $44,676 $10,615 $4,617 $4,842 $ $ $102,975 
Pass8,550 27,643 39,907 10,373 3,136 4,556 — — 94,165 
Special Mention— 1,377 3,744 242 1,481 286 — — 7,130 
Substandard— 655 1,025 — — — — — 1,680 
Real Estate - Construction$187,007 $261,141 $614,046 $186,394 $ $359 $19,770 $ $1,268,717 
Residential110,625 69,701 7,041 — — 359 1,532 — 189,258 
Pass110,460 65,742 5,742 — — 359 1,532 — 183,835 
Special Mention165 2,754 — — — — — — 2,919 
Substandard— 1,205 1,299 — — — — — 2,504 
Commercial76,382 191,440 607,005 186,394 — — 18,238 — 1,079,459 
Pass76,382 179,132 581,982 186,394 — — 18,238 — 1,042,128 
Special Mention— 12,308 25,023 — — — — — 37,331 
Substandard— — — — — — — — — 
Real Estate - 1-4 Family Mortgage$75,861 $126,561 $150,861 $81,526 $38,046 $38,446 $34,783 $1,515 $547,599 
 Term Loans Amortized Cost Basis by Origination Year
 20242023202220212020PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
Primary3,001 6,692 7,952 5,733 3,149 7,600 1,334 856 36,317 
Pass3,001 6,503 7,766 5,232 3,149 6,811 1,334 856 34,652 
Special Mention— — — — — 26 — — 26 
Substandard— 189 186 501 — 763 — — 1,639 
Home Equity— 1,011 10 967 — 47 28,599 — 30,634 
Pass— 1,011 10 967 — — 28,406 — 30,394 
Special Mention— — — — — — 193 — 193 
Substandard— — — — — 47 — — 47 
Rental/Investment45,826 88,334 120,435 67,238 34,546 28,097 2,851 659 387,986 
Pass45,740 87,777 120,284 66,854 33,864 27,330 2,851 388 385,088 
Special Mention— 60 47 — 31 — — — 138 
Substandard86 497 104 384 651 767 — 271 2,760 
Land Development27,034 30,524 22,464 7,588 351 2,702 1,999 — 92,662 
Pass27,034 30,524 21,790 7,588 351 2,702 1,999 — 91,988 
Special Mention— — 674 — — — — — 674 
Substandard— — — — — — — — — 
Real Estate - Commercial Mortgage$463,713 $717,550 $1,625,884 $1,104,896 $667,052 $980,087 $152,436 $43,342 $5,754,960 
Owner-Occupied153,401 260,077 351,019 303,140 205,489 385,046 63,222 3,080 1,724,474 
Pass153,371 252,407 338,915 301,575 203,621 377,264 63,222 2,816 1,693,191 
Special Mention— 4,477 6,519 871 137 3,183 — — 15,187 
Substandard30 3,193 5,585 694 1,731 4,599 — 264 16,096 
Non-Owner Occupied288,445 442,967 1,246,797 790,682 458,148 586,970 84,237 40,082 3,938,328 
Pass283,338 438,999 1,240,424 770,844 454,225 521,278 84,237 31,919 3,825,264 
Special Mention4,990 1,336 6,200 19,151 1,149 21,043 — — 53,869 
Substandard117 2,632 173 687 2,774 44,649 — 8,163 59,195 
Land Development21,867 14,506 28,068 11,074 3,415 8,071 4,977 180 92,158 
Pass21,867 14,183 24,461 10,857 3,278 7,856 4,955 180 87,637 
Special Mention— 300 150 34 — — — — 484 
Substandard— 23 3,457 183 137 215 22 — 4,037 
Installment loans to individuals$4 $ $ $ $ $ $ $ $4 
Pass— — — — — — — 
Special Mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total loans subject to risk rating$852,973 $1,406,684 $2,693,245 $1,531,806 $795,512 $1,100,814 $1,071,544 $49,197 $9,501,775 
Pass839,672 1,373,190 2,624,024 1,508,500 786,694 1,020,382 1,036,967 39,246 9,228,675 
Special Mention5,552 24,622 42,568 20,533 2,949 25,001 17,118 — 138,343 
Substandard7,749 8,872 26,653 2,773 5,869 55,431 17,459 9,951 134,757 


 Term Loans Amortized Cost Basis by Origination Year
 20232022202120202019PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
December 31, 2023
Commercial, Financial, Agricultural$312,902 $289,264 $162,535 $98,894 $51,162 $38,518 $883,302 $19,440 $1,856,017 
 Term Loans Amortized Cost Basis by Origination Year
 20232022202120202019PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
Pass311,312 288,249 161,902 97,771 50,936 32,169 870,792 19,338 1,832,469 
Special Mention893 364 10 294 — 291 914 63 2,829 
Substandard697 651 623 829 226 6,058 11,596 39 20,719 
Lease Financing Receivables$32,842 $49,628 $12,317 $13,553 $5,969 $1,700 $ $ $116,009 
Pass32,842 47,050 12,317 11,735 5,443 1,395 — — 110,782 
Watch— 2,578 — 1,818 526 305 — — 5,227 
Substandard— — — — — — — — — 
Real Estate - Construction$320,889 $581,201 $308,442 $16,066 $ $1,823 $1,225 $ $1,229,646 
Residential149,399 12,883 1,989 — — 369 1,225 — 165,865 
Pass146,535 10,147 1,989 — — 369 1,225 — 160,265 
Special Mention2,415 — — — — — — — 2,415 
Substandard449 2,736 — — — — — — 3,185 
Commercial171,490 568,318 306,453 16,066 — 1,454 — — 1,063,781 
Pass142,917 568,318 306,453 16,066 — 1,454 — — 1,035,208 
Special Mention28,573 — — — — — — — 28,573 
Substandard— — — — — — — — — 
 Term Loans Amortized Cost Basis by Origination Year
 20232022202120202019PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
Real Estate - 1-4 Family Mortgage$145,568 $176,724 $100,757 $41,542 $19,753 $30,783 $30,889 $1,834 $547,850 
Primary8,512 8,729 6,194 3,943 1,792 8,573 3,272 915 41,930 
Pass8,134 8,511 5,859 3,943 1,781 8,140 3,272 915 40,555 
Special Mention183 — — — — 34 — — 217 
Substandard195 218 335 — 11 399 — — 1,158 
Home Equity1,107 10 996 — — 16 20,628 74 22,831 
Pass1,107 10 996 — — 20,628 — 22,742 
Special Mention— — — — — — — — — 
Substandard— — — — — 15 — 74 89 
Rental/Investment89,760 129,241 75,457 37,171 17,817 18,721 4,678 845 373,690 
Pass89,135 128,939 74,330 35,388 16,670 18,109 4,678 583 367,832 
Special Mention63 47 256 50 42 — — 462 
Substandard562 255 871 1,779 1,097 570 — 262 5,396 
Land Development46,189 38,744 18,110 428 144 3,473 2,311 — 109,399 
Pass46,151 38,744 18,110 409 144 3,372 2,311 — 109,241 
Special Mention— — — — — 101 — — 101 
Substandard38 — — 19 — — — — 57 
Real Estate - Commercial Mortgage$716,844 $1,572,099 $1,111,564 $717,571 $429,783 $723,344 $176,617 $26,252 $5,474,074 
Owner-Occupied264,589 336,491 321,491 214,365 164,931 283,517 60,200 3,247 1,648,831 
Pass260,831 325,575 318,391 212,368 159,552 275,088 56,453 2,977 1,611,235 
Special Mention562 1,147 890 107 3,385 2,953 25 — 9,069 
Substandard3,196 9,769 2,210 1,890 1,994 5,476 3,722 270 28,527 
Non-Owner Occupied432,769 1,195,500 776,264 499,290 260,355 434,541 111,609 22,821 3,733,149 
Pass428,740 1,194,864 761,476 494,971 223,264 398,188 111,609 13,774 3,626,886 
Special Mention1,339 454 14,422 4,111 14,001 12,677 — — 47,004 
Substandard2,690 182 366 208 23,090 23,676 — 9,047 59,259 
Land Development19,486 40,108 13,809 3,916 4,497 5,286 4,808 184 92,094 
Pass18,996 36,479 13,567 3,775 4,479 5,046 4,776 184 87,302 
Special Mention432 3,334 36 — — — — — 3,802 
Substandard58 295 206 141 18 240 32 — 990 
Installment loans to individuals$ $ $ $ $3 $ $ $ $3 
Pass— — — — — — — 
Special Mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total loans subject to risk rating$1,529,045 $2,668,916 $1,695,615 $887,626 $506,670 $796,168 $1,092,033 $47,526 $9,223,599 
Pass1,486,700 2,646,886 1,675,390 876,426 462,272 743,331 1,075,744 37,771 9,004,520 
Special Mention34,460 7,924 15,614 6,334 17,962 16,403 939 63 99,699 
Substandard7,885 14,106 4,611 4,866 26,436 36,434 15,350 9,692 119,380 

The following tables present the performing status of the Company’s loan portfolio not subject to risk rating as of the dates presented:
 Term Loans Amortized Cost Basis by Origination Year
 20242023202220212020PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
June 30, 2024
Commercial, Financial, Agricultural$ $ $ $ $ $20,242 $ $ $20,242 
Performing Loans— — — — — 20,242 — — 20,242 
Non-Performing Loans— — — — — — — — — 
Lease Financing Receivables$ $ $ $ $ $21 $ $ $21 
Performing Loans— — — — — 21 — — 21 
Non-Performing Loans— — — — — — — — — 
Real Estate - Construction$10,380 $47,740 $20,128 $7,543 $ $ $911 $6 $86,708 
Residential10,380 47,740 20,128 7,543 — — 911 86,708 
Performing Loans10,380 47,740 20,128 7,543 — — 911 86,708 
Non-Performing Loans— — — — — — — — — 
Commercial— — — — — — — — — 
Performing Loans— — — — — — — — — 
Non-Performing Loans— — — — — — — — — 
Real Estate - 1-4 Family Mortgage$71,586 $335,732 $730,309 $513,980 $298,266 $439,675 $487,564 $11,107 $2,888,219 
Primary70,395 332,308 727,631 511,985 297,509 438,964 37 2,378,833 
Performing Loans70,395 330,649 715,186 504,788 287,282 417,312 37 2,325,653 
Non-Performing Loans— 1,659 12,445 7,197 10,227 21,652 — — 53,180 
Home Equity— — 111 — 427 487,560 11,070 499,169 
Performing Loans— — 111 — 421 487,407 7,995 495,935 
Non-Performing Loans— — — — — 153 3,075 3,234 
Rental/Investment— — — 259 — 60 — — 319 
Performing Loans— — — 259 — 60 — — 319 
Non-Performing Loans— — — — — — — — — 
Land Development1,191 3,424 2,677 1,625 757 224 — — 9,898 
Performing Loans1,191 3,395 2,677 1,614 757 224 — — 9,858 
Non-Performing Loans— 29 — 11 — — — — 40 
Real Estate - Commercial Mortgage$863 $3,355 $2,071 $2,777 $1,706 $746 $ $ $11,518 
Owner-Occupied— — — — 124 — — 127 
Performing Loans— — — — 124 — — 127 
Non-Performing Loans— — — — — — — — — 
Non-Owner Occupied— — — — 23 — — — 23 
Performing Loans— — — — 23 — — — 23 
Non-Performing Loans— — — — — — — — — 
Land Development863 3,355 2,071 2,777 1,559 743 — — 11,368 
Performing Loans863 3,355 1,953 2,777 1,557 743 — — 11,248 
Non-Performing Loans— — 118 — — — — 120 
Installment loans to individuals$22,058 $19,011 $11,432 $5,256 $1,972 $21,315 $15,109 $119 $96,272 
Performing Loans22,042 18,944 11,421 5,220 1,966 21,222 15,079 114 96,008 
Non-Performing Loans16 67 11 36 93 30 264 
Total loans not subject to risk rating$104,887 $405,838 $763,940 $529,556 $301,944 $481,999 $503,584 $11,232 $3,102,980 
Performing Loans104,871 404,083 751,366 522,312 291,709 460,248 503,401 8,152 3,046,142 
Non-Performing Loans16 1,755 12,574 7,244 10,235 21,751 183 3,080 56,838 
 Term Loans Amortized Cost Basis by Origination Year
 20232022202120202019PriorRevolving LoansRevolving Loans Converted to TermTotal
Loans
December 31, 2023
Commercial, Financial, Agricultural$ $ $ $ $ $15,804 $ $ $15,804 
Performing Loans— — — — — 15,804 — — 15,804 
Non-Performing Loans— — — — — — — — — 
Lease Financing Receivables$ $ $ $ $ $11 $ $ $11 
Performing Loans— — — — — 11 — — 11 
Non-Performing Loans— — — — — — — — — 
Real Estate - Construction$48,003 $41,070 $14,158 $ $ $ $490 $30 $103,751 
Residential48,003 41,070 14,158 — — — 490 30 103,751 
Performing Loans48,003 41,070 14,158 — — — 490 30 103,751 
Non-Performing Loans— — — — — — — — — 
Commercial— — — — — — — — — 
Performing Loans— — — — — — — — — 
Non-Performing Loans— — — — — — — — — 
Real Estate - 1-4 Family Mortgage$339,406 $731,088 $536,544 $312,015 $133,852 $339,842 $493,515 $5,807 $2,892,069 
Primary334,103 727,993 534,667 311,199 133,433 339,111 — 46 2,380,552 
Performing Loans333,751 720,759 528,383 302,065 128,859 322,677 — 46 2,336,540 
Non-Performing Loans352 7,234 6,284 9,134 4,574 16,434 — — 44,012 
Home Equity— — 111 — — 470 493,515 5,761 499,857 
Performing Loans— — 111 — — 466 491,849 4,584 497,010 
Non-Performing Loans— — — — — 1,666 1,177 2,847 
Rental/Investment— — — — — 65 — — 65 
Performing Loans— — — — — 65 — — 65 
Non-Performing Loans— — — — — — — — — 
Land Development5,303 3,095 1,766 816 419 196 — — 11,595 
Performing Loans5,303 3,095 1,766 816 419 196 — — 11,595 
Non-Performing Loans— — — — — — — — — 
Real Estate - Commercial Mortgage$3,640 $2,674 $3,054 $1,890 $902 $316 $ $ $12,476 
Owner-Occupied— — — 126 — — — 130 
Performing Loans— — — 126 — — — 130 
Non-Performing Loans— — — — — — — — — 
Non-Owner Occupied— — — 25 — — — — 25 
Performing Loans— — — 25 — — — — 25 
Non-Performing Loans— — — — — — — — — 
Land Development3,640 2,674 3,054 1,739 902 312 — — 12,321 
Performing Loans3,640 2,383 3,054 1,736 902 312 — — 12,027 
Non-Performing Loans— 291 — — — — — 294 
Installment loans to individuals$35,274 $17,322 $7,121 $2,827 $9,786 $17,276 $13,769 $145 $103,520 
Performing Loans35,112 17,229 7,121 2,824 9,754 17,206 13,769 145 103,160 
Non-Performing Loans162 93 — 32 70 — — 360 
Total loans not subject to risk rating$426,323 $792,154 $560,877 $316,732 $144,540 $373,249 $507,774 $5,982 $3,127,631 
Performing Loans425,809 784,536 554,593 307,592 139,934 356,741 506,108 4,805 3,080,118 
Non-Performing Loans514 7,618 6,284 9,140 4,606 16,508 1,666 1,177 47,513 
The following tables disclose gross charge-offs by year of origination for the six months ended June 30, 2024 and year ended December 31, 2023, respectively:

June 30, 202420242023202220212020PriorRevolving LoansTotal Charge-offs
Commercial, financial, agricultural$— $— $73 $— $— $251 $211 $535 
Real estate – 1-4 family mortgage:
Primary— — 116 27 — 55 — 198 
Home equity— — — — — 47 — 47 
Rental/investment— — — — — 45 — 45 
Total real estate – 1-4 family mortgage— — 116 27 — 147 — 290 
Real estate – commercial mortgage:
Owner-occupied— — 37 — — — — 37 
Non-owner occupied— — — — — 5,690 — 5,690 
Total real estate – commercial mortgage— — 37 — — 5,690 — 5,727 
Installment loans to individuals— 30 58 — — 642 — 730 
Loans, net of unearned income$— $30 $284 $27 $— $6,730 $211 $7,282 

December 31, 202320232022202120202019PriorRevolving LoansTotal Charge-offs
Commercial, financial, agricultural$898 $1,909 $235 $131 $635 $4,165 $865 $8,838 
Lease financing883 273 248 72 48 — — 1,524 
Real estate – construction:
Residential— 57 — — — — — 57 
Real estate – 1-4 family mortgage:
Primary— 17 — — — 92 — 109 
Home equity— — — — 25 90 — 115 
Rental/investment— — 91 72 10 20 — 193 
Total real estate – 1-4 family mortgage— 17 91 72 35 202 — 417 
Real estate – commercial mortgage:
Owner-occupied— — — — — 582 — 582 
Non-owner occupied— — — — — 4,986 — 4,986 
Total real estate – commercial mortgage— — — — — 5,568 — 5,568 
Installment loans to individuals29 45 43 35 2,477 — 2,636 
Loans, net of unearned income$1,810 $2,301 $617 $310 $725 $12,412 $865 $19,040