January 1, 2023

As Reported under ASC 326

Pre-ASC 326 Adoption

Impact of ASC 326 Adoption

Assets:

Commercial loans:

Revolving real estate secured by 1-4 family properties

$

5,255

$

—

$

5,255

Retail loans:

1-4 family residential mortgages

105,524

105,654

(130

)

Construction-individual

130

—

130

Revolving home equity secured by 1-4 family properties

36,732

41,987

(5,255

)

Allowance for credit losses on loans (ACL):

Commercial:

Commercial and industrial

(1,246

)

(1,316

)

70

Construction and land development

(745

)

(755

)

10

Real estate secured by multi-family properties

(1,679

)

(995

)

(684

)

Real estate secured by owner-occupied properties

(1,175

)

(1,549

)

374

Real estate secured by other commercial properties

(1,330

)

(2,458

)

1,128

Revolving real estate secured by 1-4 family properties-business

(32

)

(25

)

(7

)

Real estate secured by 1st lien on 1-4 family properties-business

(1,700

)

(1,210

)

(490

)

Real estate secured by junior lien on 1-4 family properties-business

(16

)

(30

)

14

State and political subdivisions

(74

)

(94

)

20

Retail:

1-4 family residential mortgages

(486

)

(682

)

196

Construction-individual

(1

)

(1

)

—

Revolving home equity secured by 1-4 family properties-personal

(292

)

(299

)

7

Real estate secured by 1st lien on 1-4 family properties-personal

(72

)

(57

)

(15

)

Real estate secured by junior lien on 1-4 family properties-personal

(84

)

(55

)

(29

)

Student loans

(466

)

(454

)

(12

)

Overdrafts

(11

)

(8

)

(3

)

Other consumer

(33

)

(41

)

8

Unallocated

—

(502

)

502

Total ACL

(9,442

)

(10,531

)

1,089

Deferred tax assets

4,540

4,767

(227

)

Liabilities:

Allowance for credit losses on unused commitments

$

122

$

117

$

5

Equity:

Retained earnings

$

129,808

$

128,951

$

857