Loans (Tables)

9 Months Ended

Sep. 30, 2024

Summary of Loans

Summary of loans

The following is a summary of total loans:

	September 30,		December 31,
(Dollars in thousands)	2024		2023
Loans:
Construction and land development (1)	$	2,458,151	$	2,923,514
Commercial non-owner-occupied		9,246,423		8,571,634
Commercial owner-occupied real estate		5,544,716		5,497,671
Consumer owner-occupied (2)		7,133,748		6,595,005
Home equity loans		1,515,966		1,398,445
Commercial and industrial		5,931,187		5,504,539
Other income producing property		610,286		656,334
Consumer		1,106,382		1,233,650
Other loans		1,333		7,697
Total loans		33,548,192		32,388,489
Less: allowance for credit losses		(467,981)		(456,573)
Loans, net	$	33,080,211	$	31,931,916

(1) Construction and land development includes loans for both commercial construction and development, as well as loans for 1-4 family construction and lot loans.

(2) Consumer owner-occupied real estate includes loans on both 1-4 family owner-occupied property, as well as loans collateralized by 1-4 family owner-occupied property with a business intent.

Schedule of credit risk profile by risk grade of loans

The following tables present the credit risk profile by risk grade of commercial loans by origination year as of and for the period ending September 30, 2024:

		Term Loans
(Dollars in thousands)		Amortized Cost Basis by Origination Year
As of September 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving		Total
Construction and land development
Risk rating:
Pass	$	227,952	$	556,458	$	1,025,504	$	100,373	$	9,564	$	14,907	$	36,231	$	1,970,989
Special mention		718		1,682		15,277		22,032		—		330		—		40,039
Substandard		43		—		15,967		750		—		594		—		17,354
Doubtful		—		—		—		—		1		4		—		5
Total Construction and land development	$	228,713	$	558,140	$	1,056,748	$	123,155	$	9,565	$	15,835	$	36,231	$	2,028,387
Construction and land development
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	74	$	2,088	$	—	$	2,162
Commercial non-owner-occupied
Risk rating:
Pass	$	511,466	$	813,994	$	2,712,005	$	1,887,883	$	597,254	$	1,889,760	$	103,873	$	8,516,235
Special mention		5,766		33,631		61,647		109,730		10,297		19,029		246		240,346
Substandard		35,806		43,447		143,405		62,116		81,990		123,077		—		489,841
Doubtful		—		—		—		1		—		—		—		1
Total Commercial non-owner-occupied	$	553,038	$	891,072	$	2,917,057	$	2,059,730	$	689,541	$	2,031,866	$	104,119	$	9,246,423
Commercial non-owner-occupied
Current-period gross charge-offs	$	—	$	—	$	—	$	176	$	—	$	100	$	—	$	276
Commercial Owner-Occupied
Risk rating:
Pass	$	429,050	$	567,678	$	1,013,018	$	1,026,303	$	589,745	$	1,530,647	$	72,070	$	5,228,511
Special mention		3,130		13,786		43,742		6,626		1,256		25,061		5,197		98,798
Substandard		13,629		35,521		41,973		34,345		22,313		59,966		9,649		217,396
Doubtful		4		3		—		—		—		4		—		11
Total commercial owner-occupied	$	445,813	$	616,988	$	1,098,733	$	1,067,274	$	613,314	$	1,615,678	$	86,916	$	5,544,716
Commercial owner-occupied
Current-period gross charge-offs	$	—	$	298	$	—	$	91	$	227	$	335	$	—	$	951
Commercial and industrial
Risk rating:
Pass	$	1,522,569	$	731,427	$	951,522	$	537,749	$	312,513	$	460,084	$	1,147,720	$	5,663,584
Special mention		2,199		2,517		7,273		1,588		775		2,961		20,400		37,713
Substandard		20,449		38,816		34,519		25,580		2,582		18,968		88,864		229,778
Doubtful		4		13		28		60		1		1		5		112
Total commercial and industrial	$	1,545,221	$	772,773	$	993,342	$	564,977	$	315,871	$	482,014	$	1,256,989	$	5,931,187
Commercial and industrial
Current-period gross charge-offs	$	1,528	$	2,169	$	4,337	$	612	$	95	$	3,588	$	1,510	$	13,839
Other income producing property
Risk rating:
Pass	$	44,109	$	54,815	$	116,411	$	84,664	$	46,716	$	106,813	$	31,394	$	484,922
Special mention		460		820		121		569		901		2,119		1,093		6,083
Substandard		959		718		2,934		2,262		328		6,466		1,444		15,111
Doubtful		—		—		—		—		—		—		—		—
Total other income producing property	$	45,528	$	56,353	$	119,466	$	87,495	$	47,945	$	115,398	$	33,931	$	506,116
Other income producing property
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Consumer owner-occupied
Risk rating:
Pass	$	3,120	$	18,036	$	6,430	$	3,735	$	622	$	640	$	29,523	$	62,106
Special mention		20		226		56		—		14		37		489		842
Substandard		921		307		—		—		4		207		817		2,256
Doubtful		—		—		—		—		—		1		—		1
Total Consumer owner-occupied	$	4,061	$	18,569	$	6,486	$	3,735	$	640	$	885	$	30,829	$	65,205
Consumer owner-occupied
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Other loans
Risk rating:
Pass	$	1,333	$	—	$	—	$	—	$	—	$	—	$	—	$	1,333
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Total other loans	$	1,333	$	—	$	—	$	—	$	—	$	—	$	—	$	1,333
Other loans
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total Commercial Loans
Risk rating:
Pass	$	2,739,599	$	2,742,408	$	5,824,890	$	3,640,707	$	1,556,414	$	4,002,851	$	1,420,811	$	21,927,680
Special mention		12,293		52,662		128,116		140,545		13,243		49,537		27,425		423,821
Substandard		71,807		118,809		238,798		125,053		107,217		209,278		100,774		971,736
Doubtful		8		16		28		61		2		10		5		130
Total Commercial Loans	$	2,823,707	$	2,913,895	$	6,191,832	$	3,906,366	$	1,676,876	$	4,261,676	$	1,549,015	$	23,323,367
Commercial Loans
Current-period gross charge-offs	$	1,528	$	2,467	$	4,337	$	879	$	396	$	6,111	$	1,510	$	17,228

The following table presents the credit risk profile by risk grade of commercial loans by origination year as of and for the period ending December 31, 2023:

		Term Loans
(Dollars in thousands)		Amortized Cost Basis by Origination Year
As of December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving		Total
Construction and land development
Risk rating:
Pass	$	480,860	$	1,036,691	$	503,433	$	19,626	$	5,585	$	19,200	$	49,191	$	2,114,586
Special mention		1,683		35,790		2,922		—		—		458		—		40,853
Substandard		390		46,311		765		—		4,285		767		—		52,518
Doubtful		—		—		—		3		—		5		—		8
Total Construction and land development	$	482,933	$	1,118,792	$	507,120	$	19,629	$	9,870	$	20,430	$	49,191	$	2,207,965
Construction and land development
Current-period gross charge-offs	$	—	$	—	$	—	$	204	$	—	$	2	$	—	$	206
Commercial non-owner-occupied
Risk rating:
Pass	$	759,501	$	2,501,611	$	1,878,889	$	674,470	$	706,794	$	1,535,248	$	104,698	$	8,161,211
Special mention		3,376		38,854		19,899		10,044		9,872		12,976		93		95,114
Substandard		73,282		11,928		35,692		61,893		78,976		53,388		149		315,308
Doubtful		—		—		1		—		—		—		—		1
Total Commercial non-owner-occupied	$	836,159	$	2,552,393	$	1,934,481	$	746,407	$	795,642	$	1,601,612	$	104,940	$	8,571,634
Commercial non-owner-occupied
Current-period gross charge-offs	$	—	$	—	$	51	$	—	$	—	$	253	$	—	$	304
Commercial Owner-Occupied
Risk rating:
Pass	$	556,192	$	1,015,236	$	1,088,976	$	635,694	$	648,082	$	1,176,796	$	88,298	$	5,209,274
Special mention		1,976		31,484		15,777		1,435		7,776		22,551		690		81,689
Substandard		24,240		37,922		26,810		26,308		20,310		63,220		7,890		206,700
Doubtful		3		—		—		1		—		4		—		8
Total commercial owner-occupied	$	582,411	$	1,084,642	$	1,131,563	$	663,438	$	676,168	$	1,262,571	$	96,878	$	5,497,671
Commercial owner-occupied
Current-period gross charge-offs	$	—	$	126	$	—	$	—	$	—	$	—	$	—	$	126
Commercial and industrial
Risk rating:
Pass	$	1,187,836	$	1,140,702	$	669,188	$	367,668	$	182,519	$	413,271	$	1,313,978	$	5,275,162
Special mention		2,395		7,624		3,604		2,762		3,870		898		18,300		39,453
Substandard		26,780		29,515		23,423		4,001		5,472		15,226		85,409		189,826
Doubtful		2		11		68		1		—		13		3		98
Total commercial and industrial	$	1,217,013	$	1,177,852	$	696,283	$	374,432	$	191,861	$	429,408	$	1,417,690	$	5,504,539
Commercial and industrial
Current-period gross charge-offs	$	7,272	$	3,171	$	13,169	$	429	$	765	$	1,637	$	1,144	$	27,587
Other income producing property
Risk rating:
Pass	$	58,012	$	129,858	$	96,743	$	51,615	$	40,988	$	105,810	$	39,701	$	522,727
Special mention		517		266		347		69		288		2,296		203		3,986
Substandard		693		5,062		2,634		588		630		5,772		2,121		17,500
Doubtful		—		—		—		—		—		—		—		—
Total other income producing property	$	59,222	$	135,186	$	99,724	$	52,272	$	41,906	$	113,878	$	42,025	$	544,213
Other income producing property
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Consumer owner-occupied
Risk rating:
Pass	$	18,908	$	4,509	$	2,746	$	1,293	$	287	$	315	$	25,635	$	53,693
Special mention		236		339		18		41		271		—		—		905
Substandard		24		—		—		927		1,560		182		150		2,843
Doubtful		—		—		—		—		—		1		1		2
Total Consumer owner-occupied	$	19,168	$	4,848	$	2,764	$	2,261	$	2,118	$	498	$	25,786	$	57,443
Consumer owner-occupied
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Other loans
Risk rating:
Pass	$	7,697	$	—	$	—	$	—	$	—	$	—	$	—	$	7,697
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Total other loans	$	7,697	$	—	$	—	$	—	$	—	$	—	$	—	$	7,697
Other loans
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total Commercial Loans
Risk rating:
Pass	$	3,069,006	$	5,828,607	$	4,239,975	$	1,750,366	$	1,584,255	$	3,250,640	$	1,621,501	$	21,344,350
Special mention		10,183		114,357		42,567		14,351		22,077		39,179		19,286		262,000
Substandard		125,409		130,738		89,324		93,717		111,233		138,555		95,719		784,695
Doubtful		5		11		69		5		—		23		4		117
Total Commercial Loans	$	3,204,603	$	6,073,713	$	4,371,935	$	1,858,439	$	1,717,565	$	3,428,397	$	1,736,510	$	22,391,162
Commercial Loans
Current-period gross charge-offs	$	7,272	$	3,297	$	13,220	$	633	$	765	$	1,892	$	1,144	$	28,223

For the consumer segment, delinquency of a loan is determined by past due status. Consumer loans are automatically placed on nonaccrual status once the loan is 90 days past due. Construction and land development loans are on 1-4 properties and lots.

The following table presents the credit risk profile by past due status of consumer loans by origination year as of and for the period ending September 30, 2024:

	Term Loans
(Dollars in thousands)	Amortized Cost Basis by Origination Year
As of September 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving		Total
Consumer owner-occupied
Days past due:
Current	$	496,815	$	1,056,053	$	2,330,214	$	1,599,643	$	590,786	$	958,189	$	—	$	7,031,700
30 days past due		211		3,812		4,013		2,380		1,019		5,405		—		16,840
60 days past due		277		807		1,128		908		413		1,515		—		5,048
90 days past due		1,499		3,987		4,542		1,344		571		3,012		—		14,955
Total Consumer owner-occupied	$	498,802	$	1,064,659	$	2,339,897	$	1,604,275	$	592,789	$	968,121	$	—	$	7,068,543
Consumer owner-occupied
Current-period gross charge-offs	$	10	$	252	$	231	$	—	$	12	$	43	$	—	$	548
Home equity loans
Days past due:
Current	$	6,216	$	6,464	$	3,391	$	1,609	$	1,519	$	11,628	$	1,475,491	$	1,506,318
30 days past due		164		108		—		40		426		620		3,166		4,524
60 days past due		51		—		39		—		—		—		2,746		2,836
90 days past due		—		38		575		36		164		692		783		2,288
Total Home equity loans	$	6,431	$	6,610	$	4,005	$	1,685	$	2,109	$	12,940	$	1,482,186	$	1,515,966
Home equity loans
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	110	$	—	$	110
Consumer
Days past due:
Current	$	160,020	$	237,479	$	237,332	$	104,617	$	55,715	$	167,005	$	125,709	$	1,087,877
30 days past due		69		181		535		241		66		1,004		7,388		9,484
60 days past due		16		356		92		103		15		547		4,232		5,361
90 days past due		13		270		185		116		195		1,382		1,499		3,660
Total consumer	$	160,118	$	238,286	$	238,144	$	105,077	$	55,991	$	169,938	$	138,828	$	1,106,382
Consumer
Current-period gross charge-offs	$	101	$	1,364	$	1,156	$	171	$	30	$	351	$	3,770	$	6,943
Construction and land development
Days past due:
Current	$	48,205	$	108,267	$	186,765	$	55,050	$	14,076	$	17,081	$	—	$	429,444
30 days past due		—		—		—		—		—		—		—		—
60 days past due		—		—		—		—		—		—		—		—
90 days past due		—		—		320		—		—		—		—		320
Total Construction and land development	$	48,205	$	108,267	$	187,085	$	55,050	$	14,076	$	17,081	$	—	$	429,764
Construction and land development
Current-period gross charge-offs	$	—	$	—	$	304	$	—	$	—	$	—	$	—	$	304
Other income producing property
Days past due:
Current	$	1,914	$	6,087	$	40,322	$	16,920	$	3,557	$	34,697	$	289	$	103,786
30 days past due		—		—		—		—		—		100		—		100
60 days past due		—		—		—		—		—		154		—		154
90 days past due		—		—		—		—		—		130		—		130
Total other income producing property	$	1,914	$	6,087	$	40,322	$	16,920	$	3,557	$	35,081	$	289	$	104,170
Other income producing property
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total Consumer Loans
Days past due:
Current	$	713,170	$	1,414,350	$	2,798,024	$	1,777,839	$	665,653	$	1,188,600	$	1,601,489	$	10,159,125
30 days past due		444		4,101		4,548		2,661		1,511		7,129		10,554		30,948
60 days past due		344		1,163		1,259		1,011		428		2,216		6,978		13,399
90 days past due		1,512		4,295		5,622		1,496		930		5,216		2,282		21,353
Total Consumer Loans	$	715,470	$	1,423,909	$	2,809,453	$	1,783,007	$	668,522	$	1,203,161	$	1,621,303	$	10,224,825
Consumer Loans
Current-period gross charge-offs	$	111	$	1,616	$	1,691	$	171	$	42	$	504	$	3,770	$	7,905

The following table presents total loans by origination year as of and for the period ending September 30, 2024:

	Term Loans
(Dollars in thousands)	Amortized Cost Basis by Origination Year
As of September 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving		Total
Total Loans	$	3,539,177	$	4,337,804	$	9,001,285	$	5,689,373	$	2,345,398	$	5,464,837	$	3,170,318	$	33,548,192
Current-period gross charge-offs	$	1,639	$	4,083	$	6,028	$	1,050	$	438	$	6,615	$	5,280	$	25,133

The following table presents the credit risk profile by past due status of consumer loans by origination year as of and for the period ending December 31, 2023:

	Term Loans
(Dollars in thousands)	Amortized Cost Basis by Origination Year
As of December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving		Total
Consumer owner-occupied
Days past due:
Current	$	1,019,956	$	2,125,156	$	1,641,518	$	628,107	$	288,304	$	809,419	$	—	$	6,512,460
30 days past due		1,589		2,268		1,524		654		707		4,012		—		10,754
60 days past due		—		766		528		680		—		813		—		2,787
90 days past due		1,280		2,538		1,089		1,689		315		4,650		—		11,561
Total Consumer owner-occupied	$	1,022,825	$	2,130,728	$	1,644,659	$	631,130	$	289,326	$	818,894	$	—	$	6,537,562
Consumer owner-occupied
Current-period gross charge-offs	$	68	$	90	$	27	$	—	$	—	$	2	$	—	$	187
Home equity loans
Days past due:
Current	$	6,551	$	6,454	$	2,887	$	1,396	$	1,003	$	11,518	$	1,358,829	$	1,388,638
30 days past due		60		—		132		21		44		539		5,860		6,656
60 days past due		—		—		12		104		—		458		1,268		1,842
90 days past due		117		—		27		194		1		672		298		1,309
Total Home equity loans	$	6,728	$	6,454	$	3,058	$	1,715	$	1,048	$	13,187	$	1,366,255	$	1,398,445
Home equity loans
Current-period gross charge-offs	$	—	$	—	$	—	$	64	$	—	$	29	$	84	$	177
Consumer
Days past due:
Current	$	299,871	$	305,283	$	141,369	$	75,213	$	60,265	$	143,725	$	182,608	$	1,208,334
30 days past due		443		321		247		142		137		1,384		10,757		13,431
60 days past due		64		254		152		4		4		973		6,420		7,871
90 days past due		93		395		174		196		110		1,108		1,938		4,014
Total consumer	$	300,471	$	306,253	$	141,942	$	75,555	$	60,516	$	147,190	$	201,723	$	1,233,650
Consumer
Current-period gross charge-offs	$	373	$	1,586	$	571	$	280	$	217	$	537	$	8,478	$	12,042
Construction and land development
Days past due:
Current	$	135,739	$	425,276	$	111,205	$	20,322	$	8,555	$	14,265	$	—	$	715,362
30 days past due		—		—		—		111		—		—		—		111
60 days past due		—		—		—		—		—		—		—		—
90 days past due		—		—		—		1		—		75		—		76
Total Construction and land development	$	135,739	$	425,276	$	111,205	$	20,434	$	8,555	$	14,340	$	—	$	715,549
Construction and land development
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	19	$	—	$	19
Other income producing property
Days past due:
Current	$	6,310	$	43,022	$	18,536	$	4,331	$	2,537	$	36,911	$	280	$	111,927
30 days past due		—		—		—		—		—		67		—		67
60 days past due		—		—		—		—		—		—		—		—
90 days past due		—		—		—		—		—		127		—		127
Total other income producing property	$	6,310	$	43,022	$	18,536	$	4,331	$	2,537	$	37,105	$	280	$	112,121
Other income producing property
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total Consumer Loans
Days past due:
Current	$	1,468,427	$	2,905,191	$	1,915,515	$	729,369	$	360,664	$	1,015,838	$	1,541,717	$	9,936,721
30 days past due		2,092		2,589		1,903		928		888		6,002		16,617		31,019
60 days past due		64		1,020		692		788		4		2,244		7,688		12,500
90 days past due		1,490		2,933		1,290		2,080		426		6,632		2,236		17,087
Total Consumer Loans	$	1,472,073	$	2,911,733	$	1,919,400	$	733,165	$	361,982	$	1,030,716	$	1,568,258	$	9,997,327
Consumer Loans
Current-period gross charge-offs	$	441	$	1,676	$	598	$	344	$	217	$	587	$	8,562	$	12,425

The following table presents total loans by origination year as of and for the period ending December 31, 2023:

	Term Loans
(Dollars in thousands)	Amortized Cost Basis by Origination Year
As of December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving		Total
Total Loans	$	4,676,676	$	8,985,446	$	6,291,335	$	2,591,604	$	2,079,547	$	4,459,113	$	3,304,768	$	32,388,489
Current-period gross charge-offs	$	7,713	$	4,973	$	13,818	$	977	$	982	$	2,479	$	9,706	$	40,648

Aging analysis of past due loans (includes nonaccrual loans), segregated by class of loans

	30 - 59 Days		60 - 89 Days		90+ Days		Total				Non-		Total
(Dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Accruing		Loans
September 30, 2024
Construction and land development	$	652	$	—	$	—	$	652	$	2,456,317	$	1,182	$	2,458,151
Commercial non-owner-occupied		1,205		270		2,711		4,186		9,223,546		18,691		9,246,423
Commercial owner-occupied		2,922		2,323		190		5,435		5,497,580		41,701		5,544,716
Consumer owner-occupied		13,639		201		—		13,840		7,083,621		36,287		7,133,748
Home equity loans		3,083		2,091		—		5,174		1,502,167		8,625		1,515,966
Commercial and industrial		33,834		12,392		4,378		50,604		5,813,907		66,676		5,931,187
Other income producing property		847		149		—		996		605,991		3,299		610,286
Consumer		9,226		4,804		—		14,030		1,086,842		5,510		1,106,382
Other loans		—		—		—		—		1,333		—		1,333
	$	65,408	$	22,230	$	7,279	$	94,917	$	33,271,304	$	181,971	$	33,548,192
December 31, 2023
Construction and land development	$	624	$	—	$	—	$	624	$	2,921,457	$	1,433	$	2,923,514
Commercial non-owner-occupied		2,194		123		1,378		3,695		8,546,630		21,309		8,571,634
Commercial owner-occupied		3,852		1,141		988		5,981		5,446,803		44,887		5,497,671
Consumer owner-occupied		7,903		552		920		9,375		6,560,359		25,271		6,595,005
Home equity loans		6,500		1,326		—		7,826		1,385,687		4,932		1,398,445
Commercial and industrial		25,231		7,194		9,193		41,618		5,399,390		63,531		5,504,539
Other income producing property		569		570		—		1,139		651,993		3,202		656,334
Consumer		13,212		7,370		—		20,582		1,207,411		5,657		1,233,650
Other loans		—		—		—		—		7,697		—		7,697
	$	60,085	$	18,276	$	12,479	$	90,840	$	32,127,427	$	170,222	$	32,388,489

Summary of information pertaining to nonaccrual loans by class

	September 30,		Greater than		Non-accrual		December 31,
(Dollars in thousands)	2024		90 Days Accruing(1)		with no allowance(1)		2023
Construction and land development	$	1,182	$	—	$	—	$	1,433
Commercial non-owner-occupied		18,691		2,711		17,381		21,309
Commercial owner-occupied real estate		41,701		190		16,716		44,887
Consumer owner-occupied		36,287		—		—		25,271
Home equity loans		8,625		—		1,190		4,932
Commercial and industrial		66,676		4,378		8,054		63,531
Other income producing property		3,299		—		1,265		3,202
Consumer		5,510		—		—		5,657
Total loans on nonaccrual status	$	181,971	$	7,279	$	44,606	$	170,222

(1) Greater than 90 days accruing and non-accrual with no allowance loans at September 30, 2024.

Summary of collateral dependent loans, by type of collateral

The following is a summary of collateral dependent loans, by type of collateral, and the extent to which they are collateralized during the period:

	September 30,		Collateral			December 31,		Collateral
(Dollars in thousands)	2024		Coverage		%	2023		Coverage		%
Commercial owner-occupied real estate
Church	$	—	$	—		$	3,537	$	6,705	190%
Industrial		3,905		11,331	290%		7,172		15,273	213%
Other		14,645		27,428	187%		12,231		23,747	194%
Commercial non-owner-occupied real estate
Retail		—		—			3,216		4,208	131%
Other		—		—			12,607		29,182	231%
Office		17,381		19,095	110%		—		—
Commercial and industrial
Other		39,149		57,358	147%		44,116		46,114	105%
Other income producing property
1-4 family investment property		1,265		3,286	260%		—		—
Home equity loans
Residential 1-4 family dwelling		1,190		2,250	189%		—		—
Total collateral dependent loans	$	77,535	$	120,748		$	82,879	$	125,229

Schedule of restructured loans segregated by class and type of concession

	Three Months Ended September 30,
	2024					2023
					Reduction in Weighted					Reduction in Weighted
	Amortized		% of Total		Average Contractual	Amortized		% of Total		Average Contractual
(Dollars in thousands)	Cost		Asset Class		Interest Rate	Cost		Asset Class		Interest Rate
Interest rate reduction
Consumer owner-occupied	$	498		0.01%	2.75%	$	—		—	—
Total interest rate reductions	$	498				$	—

	Nine Months Ended September 30,
	2024					2023
					Reduction in Weighted					Reduction in Weighted
	Amortized		% of Total		Average Contractual	Amortized		% of Total		Average Contractual
(Dollars in thousands)	Cost		Asset Class		Interest Rate	Cost		Asset Class		Interest Rate
Interest rate reduction
Consumer owner occupied	$	896		0.01%	2.04%	$	—		—	—
Total interest rate reductions	$	896				$	—

	Three Months Ended September 30,
	2024					2023
					Increase in					Increase in
	Amortized		% of Total		Weighted Average	Amortized		% of Total		Weighted Average
(Dollars in thousands)	Cost		Asset Class		Life of Loan	Cost		Asset Class		Life of Loan
Term extension
Commercial owner-occupied real estate	$	2,625		0.05%	8 months	$	—		—	—
Consumer owner-occupied		298		0.00%	3 months		—		—	—
Total term extensions	$	2,923				$	—

	Nine Months Ended September 30,
	2024					2023
					Increase in					Increase in
	Amortized		% of Total		Weighted Average	Amortized		% of Total		Weighted Average
(Dollars in thousands)	Cost		Asset Class		Life of Loan	Cost		Asset Class		Life of Loan
Term extension
Construction and land development	$	—		—	—	$	254		0.01%	12 months
Commercial non-owner-occupied		—		—	—		1,250		0.01%	24 months
Commercial owner-occupied real estate		13,461		0.24%	27 months		7,591		0.14%	23 months
Consumer owner-occupied		1,345		0.02%	5 months		277		0.00%	6 months
Commercial and industrial		19,553		0.33%	38 months		1,207		0.02%	6 months
Other income producing property		—		—	—		342		0.05%	60 months
Total term extensions	$	34,359				$	10,921

	Three and Nine Months Ended September 30,
	2024				2023
			Reduction in Weighted	Increase in			Reduction in Weighted	Increase in
	Amortized		Average Contractual	Weighted Average	Amortized		Average Contractual	Weighted Average
(Dollars in thousands)	Cost		Interest Rate	Life of Loan	Cost		Interest Rate	Life of Loan
Combination- Term Extension and Interest Rate Reduction
Consumer owner-occupied	$	—	—	—	$	259	3.63 to 3.00%	20 months
Total	$	—			$	259

There were no combination – term extension and payment delay loans during 2023.

	Three and Nine Months Ended September 30,
	2024			2023
			Increase in			Increase in
	Amortized		Weighted Average	Amortized		Weighted Average
(Dollars in thousands)	Cost		Amortization Term	Cost		Amortization Term
Combination- Term Extension and Payment Delay
Commercial and industrial	$	266	15 months	$	—	—
Total	$	266		$	—

Schedule of changes in status of loans restructured within the previous 12 months

The following table presents the changes in status of loans modified within the previous twelve months to borrowers experiencing financial difficulty, as of September 30, 2024 and 2023, by type of modification. There were no subsequent defaults.

	September 30,
	2024						2023
	Paying Under						Paying Under
	Restructured		Converted to		Foreclosures		Restructured		Converted to		Foreclosures
	Terms		Nonaccrual		and Defaults		Terms		Nonaccrual		and Defaults
	Amortized		Amortized		Amortized		Amortized		Amortized		Amortized
(Dollars in thousands)	Cost		Cost		Cost		Cost		Cost		Cost
Interest rate reduction
Consumer owner-occupied	$	896	$	—	$	—	$	—	$	—	$	—
Total interest rate reductions	$	896	$	—	$	—	$	—	$	—	$	—
Term extension
Construction and land development	$	—	$	—	$	—	$	254	$	—	$	—
Commercial non-owner-occupied		—		—		—		1,250		—		—
Commercial owner-occupied real estate		13,461		—		—		7,591		—		—
Consumer owner-occupied		1,345		—		—		277		—		—
Commercial and industrial		19,553		—		—		1,207		—		—
Other income producing property		—		—		—		342		—		—
Total term extensions	$	34,359	$	—	$	—	$	10,921	$	—	$	—
Term Extension and Interest Rate Reduction
Consumer owner occupied	$	—	$	—	$	—	$	259	$	—	$	—
Total term extension and interest rate combinations	$	—	$	—	$	—	$	259	$	—	$	—
Term Extension and Payment Delay
Commercial and industrial	$	266	$	—	$	—	$	—	$	—	$	—
Total term extension and payment delay combinations	$	266	$	—	$	—	$	—	$	—	$	—
	$	35,521	$	—	$	—	$	11,180	$	—	$	—

Non acquired credit impaired loans

Summary of Loans

Aging analysis of past due loans (includes nonaccrual loans), segregated by class of loans

	September 30, 2024						September 30, 2023
	Payment Status (Amortized Cost Basis)						Payment Status (Amortized Cost Basis)
			30-89 Days		90+ Days				30-89 Days		90+ Days
(Dollars in thousands)	Current		Past Due		Past Due		Current		Past Due		Past Due
Construction and land development	$	—	$	—	$	—	$	254	$	—	$	—
Commercial non-owner-occupied		—		—		—		1,250		—		—
Commercial owner-occupied real estate		13,461		—		—		7,591		—		—
Consumer owner-occupied		2,241		—		—		536		—		—
Commercial and industrial		19,819		—		—		1,207		—		—
Other income producing property		—		—		—		342		—		—
Total	$	35,521	$	—	$	—	$	11,180	$	—	$	—