Note 6 - Loans and Allowance for Credit Losses on Loans (ACLL)

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

NOTE 6.  LOANS AND ALLOWANCE FOR CREDIT LOSSES ON LOANS (ACLL)

Loans

The following table presents the amortized cost of loans held for investment:

	March 31,		December 31,
Dollars in thousands	2024		2023
Commercial	$	533,214	$	503,842
Commercial real estate - owner occupied
Professional & medical		167,386		156,941
Retail		178,994		170,391
Other		223,027		217,776
Commercial real estate - non-owner occupied
Hotels & motels		216,170		215,642
Mini-storage		80,838		68,517
Multifamily		309,190		302,298
Retail		247,109		254,246
Other		427,641		413,634
Construction and development
Land & land development		105,425		145,258
Construction		341,727		374,026
Residential 1-4 family real estate
Personal residence		362,942		362,733
Rental - small loan		144,657		142,665
Rental - large loan		123,132		116,614
Home equity		80,027		81,126
Mortgage warehouse lines		108,858		108,848
Consumer		43,107		43,756
Other
Credit cards		2,251		2,286
Overdrafts		1,347		1,013
Total loans, net of unearned fees		3,697,042		3,681,612
Less allowance for credit losses - loans		49,232		48,090
Loans, net	$	3,647,810	$	3,633,522

Accrued interest and fees receivable on loans totaled $14.6 million and $14.1 million at  March 31, 2024 and  December 31, 2023, respectively and is included in accrued interest and fees receivable in the accompanying consolidated balance sheets.

The following table presents the contractual aging of the amortized cost basis of past due loans by class as of  March 31, 2024 and  December 31, 2023.

	March 31, 2024
	Past Due										90 days or more and
Dollars in thousands	30-59 days		60-89 days		90 days or more		Total		Current		Accruing
Commercial	$	6,111	$	—	$	880	$	6,991	$	526,223	$	290
Commercial real estate - owner occupied
Professional & medical		61		—		357		418		166,968		—
Retail		—		—		—		—		178,994		—
Other		1,512		19		72		1,603		221,424		—
Commercial real estate - non-owner occupied
Hotels & motels		—		—		—		—		216,170		—
Mini-storage		—		—		—		—		80,838		—
Multifamily		—		—		—		—		309,190		—
Retail		—		—		487		487		246,622		—
Other		455		858		—		1,313		426,328		—
Construction and development
Land & land development		—		—		216		216		105,209		—
Construction		—		—		—		—		341,727		—
Residential 1-4 family real estate
Personal residence		2,809		273		1,435		4,517		358,425		114
Rental - small loan		487		401		263		1,151		143,506		77
Rental - large loan		—		—		181		181		122,951		—
Home equity		728		206		313		1,247		78,780		—
Mortgage warehouse lines		—		—		—		—		108,858		—
Consumer		284		119		53		456		42,651		12
Other
Credit cards		10		—		13		23		2,228		13
Overdrafts		—		—		—		—		1,347		—
Total	$	12,457	$	1,876	$	4,270	$	18,603	$	3,678,439	$	506

	December 31, 2023
	Past Due										90 days or more and
Dollars in thousands	30-59 days		60-89 days		90 days or more		Total		Current		Accruing
Commercial	$	1,092	$	60	$	485	$	1,637	$	502,205	$	—
Commercial real estate - owner occupied
Professional & medical		327		—		357		684		156,257		—
Retail		195		165		119		479		169,912		—
Other		270		—		—		270		217,506		—
Commercial real estate - non-owner occupied
Hotels & motels		—		—		—		—		215,642		—
Mini-storage		130		—		—		130		68,387		—
Multifamily		211		—		—		211		302,087		—
Retail		777		18		—		795		253,451		—
Other		—		—		—		—		413,634		—
Construction and development
Land & land development		295		275		—		570		144,688		—
Construction		—		—		—		—		374,026		—
Residential 1-4 family real estate
Personal residence		3,511		489		1,071		5,071		357,662		—
Rental - small loan		331		78		75		484		142,181		—
Rental - large loan		—		—		411		411		116,203		—
Home equity		1,723		269		466		2,458		78,668		307
Mortgage warehouse lines		—		—		—		—		108,848		—
Consumer		228		181		106		515		43,241		5
Other
Credit cards		40		3		22		65		2,221		23
Overdrafts		—		—		—		—		1,013		—
Total	$	9,130	$	1,538	$	3,112	$	13,780	$	3,667,832	$	335

The following table presents the nonaccrual loans included in the net balance of loans at  March 31, 2024 and  December 31, 2023.

	March 31,				December 31,
	2024				2023
			Nonaccrual				Nonaccrual
			with No				with No
			Allowance for				Allowance for
			Credit Losses				Credit Losses
Dollars in thousands	Nonaccrual		- Loans		Nonaccrual		- Loans
Commercial	$	7,537	$	—	$	1,088	$	2
Commercial real estate - owner occupied
Professional & medical		357		—		395		—
Retail		254		—		525		—
Other		1,553		73		236		—
Commercial real estate - non-owner occupied
Hotels & motels		—		—		—		—
Mini-storage		—		—		—		—
Multifamily		434		—		446		—
Retail		4,467		3,300		4,073		3,520
Other		1,313		456		—		—
Construction and development
Land & land development		891		—		708		—
Construction		—		—		—		—
Residential 1-4 family real estate
Personal residence		1,873		—		1,879		—
Rental - small loan		1,822		439		1,922		245
Rental - large loan		181		—		410		—
Home equity		369		—		313		—
Mortgage warehouse lines		—		—		—		—
Consumer		70		—		109		—
Other
Credit cards		—		—		—		—
Overdrafts		—		—		—		—
Total	$	21,121	$	4,268	$	12,104	$	3,767

Modifications to Borrowers Experiencing Financial Difficulty

We adopted ASU 2022-02, Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures effective January 1, 2023. The amendments in ASU 2022-02 eliminated the recognition and measurement of troubled debt restructurings and enhanced disclosures for loan modifications to borrowers experiencing financial difficulty.  Generally, the modifications we grant are extensions of terms, deferrals of payments for an extended period or interest rate reductions.  Occasionally, we may modify a loan by providing principal forgiveness.  In some cases, we will modify a loan by providing multiple types, or combinations, of concessions.  During first quarter 2024, we modified 2 loans totaling $188,000, which we deem insignificant, there were no commitments to lend additional funds under these modifications and one modified loan totaling $19,000 was past due 53 days. During first quarter 2023, we modified 3 loans totaling $456,000, which we deem insignificant, there were no commitments to lend additional funds under these modifications, and the payment status of each loan was current at March 31, 2023.

Credit Quality Indicators: We categorize loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. We analyze loans individually by classifying the loans as to credit risk.  We internally grade all commercial loans at the time of loan origination. In addition, we perform an annual loan review on all non-homogenous commercial loan relationships with an aggregate exposure of $5.0 million, at which time these loans are re-graded. We use the following definitions for our risk grades:

Pass: Loans graded as Pass are loans to borrowers of acceptable credit quality and risk. They are higher quality loans that do not fit any of the other categories described below.

Special Mention:  Commercial loans categorized as Special Mention are potentially weak. The credit risk may be relatively minor yet represent a risk given certain specific circumstances. If the potential weaknesses are not monitored or mitigated, the asset may weaken or inadequately protect our position in the future.

Substandard: Commercial loans categorized as Substandard are inadequately protected by the borrower’s ability to repay, equity and/or the collateral pledged to secure the loan. These loans have identified weaknesses that could hinder normal repayment or collection of the debt. These loans are characterized by the distinct possibility that we will sustain some loss if the identified weaknesses are not mitigated.

Doubtful:  Commercial loans categorized as Doubtful have all the weaknesses inherent in those loans classified as Substandard, with the added elements that the full collection of the loan is improbable and the possibility of loss is high.

Loss:  Loans classified as loss are considered to be non-collectible and of such little value that their continuance as a bankable asset is not warranted. This does not mean that the loan has absolutely no recovery value, but rather it is neither practical nor desirable to defer writing off the loan, even though partial recovery may be obtained in the future.

Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. Generally, current period renewals of credit are reunderwritten at the point of renewal and considered current period originations for purposes of the table below. As of  March 31, 2024 and  December 31, 2023, based on the most recent analysis performed, the risk category of loans based on year of origination is as follows:

	March 31, 2024
																	Revolvi-		Revolving-
Dollars in thousands		Risk Rating	2024		2023			2022		2021		2020		Prior			ng		Term		Total
Commercial		Pass	$	35,472	$	60,037		$	99,157	$	49,650	$	14,627	$	17,027		$	204,092	$	—	$	480,062
		Special Mention		—		718			5,535		3,793		2,400		2,721			30,172		—		45,339
		Substandard		—		110			968		506		—		5,972			257		—		7,813
Total Commercial				35,472		60,865			105,660		53,949		17,027		25,720			234,521		—		533,214
Current Period Charge-Offs				—		(22	)		—		—		—		(16	)		—		—		(38	)
Commercial Real Estate - Owner Occupied
Professional & medical		Pass		575		20,207			18,994		63,814		9,376		48,660			1,457		—		163,083
		Special Mention		—		—			—		1,935		1,085		849			—		—		3,869
		Substandard		—		—			—		—		—		434			—		—		434
Total Professional & Medical				575		20,207			18,994		65,749		10,461		49,943			1,457		—		167,386
Current Period Charge-Offs				—		—			—		—		—		—			—		—		—
Retail		Pass		1,464		5,430			22,717		76,843		11,575		56,069			3,157		—		177,255
		Special Mention		—		—			—		—		—		1,379			—		—		1,379
		Substandard		—		—			—		—		—		360			—		—		360
Total Retail				1,464		5,430			22,717		76,843		11,575		57,808			3,157		—		178,994
Current Period Charge-Offs				—		—			—		—		—		—			—		—		—
Other		Pass		1,183		32,323			48,256		37,961		20,458		71,010			3,277		—		214,468
		Special Mention		—		—			—		52		4,645		1,789			—		—		6,486
		Substandard		—		—			—		—		—		2,037			36		—		2,073
Total Other				1,183		32,323			48,256		38,013		25,103		74,836			3,313		—		223,027
Current Period Charge-Offs				—		—			—		—		—		—			—		—		—
Total Commercial Real Estate - Owner Occupied				3,222		57,960			89,967		180,605		47,139		182,587			7,927		—		569,407
Commercial Real Estate - Non-Owner Occupied
Hotels & motels		Pass		—		55,682			41,328		11,931		9,104		80,535			550		—		199,130
		Special Mention		—		—			—		—		—		—			—		—		—
		Substandard		—		—			—		—		2,631		14,409			—		—		17,040
Total Hotels & Motels				—		55,682			41,328		11,931		11,735		94,944			550		—		216,170
Current Period Charge-Offs				—		—			—		—		—		—			—		—		—
Mini-storage		Pass		710		1,707			30,227		15,279		6,587		26,263			26		—		80,799
		Special Mention		—		—			—		—		—		39			—		—		39
		Substandard		—		—			—		—		—		—			—		—		—
Total Mini-storage				710		1,707			30,227		15,279		6,587		26,302			26		—		80,838
Current Period Charge-Offs				—		—			—		—		—		—			—		—		—
Multifamily		Pass		2,558		15,381			68,569		95,618		41,911		75,418			1,386		—		300,841
		Special Mention		—		—			—		—		7,916		—			—		—		7,916
		Substandard		—		—			—		—		391		42			—		—		433
Total Multifamily				2,558		15,381			68,569		95,618		50,218		75,460			1,386		—		309,190
Current Period Charge-Offs				—		—			—		—		—		—			—		—		—

	March 31, 2024
															Revolvi-		Revolving-
Dollars in thousands	Risk Rating	2024		2023		2022		2021		2020		Prior			ng		Term		Total
Retail	Pass		199		36,392		49,341		53,050		48,691		44,541			3,998		—		236,212
	Special Mention		—		2,777		3,340		65		—		873			—		—		7,055
	Substandard		—				—		—		—		3,842			—		—		3,842
Total Retail			199		39,169		52,681		53,115		48,691		49,256			3,998		—		247,109
Current Period Charge-Offs			—		—		—		—		—		—			—		—		—
Other	Pass		1,905		84,478		103,578		90,545		55,678		61,613			12,059		—		409,856
	Special Mention				443		5,449		—		—		7,578			—		—		13,470
	Substandard		—		—		—		—		—		4,315			—		—		4,315
Total Other			1,905		84,921		109,027		90,545		55,678		73,506			12,059		—		427,641
Current Period Charge-Offs			—		—		—		—		—		(286	)		—		—		(286	)
Total Commercial Real Estate - Non-Owner Occupied			5,372		196,860		301,832		266,488		172,909		319,468			18,019		—		1,280,948
Construction and Development
Land & land development	Pass		1,638		16,916		21,255		19,945		9,319		18,545			11,312		—		98,930
	Special Mention		—		—		4,488		—		143		561			—		—		5,192
	Substandard		—		121		95		—		—		1,087			—		—		1,303
Total Land & land development			1,638		17,037		25,838		19,945		9,462		20,193			11,312		—		105,425
Current Period Charge-Offs			—		—		—		—		—		—			—		—		—
Construction	Pass		1,296		71,615		81,729		147,730		38,093		—			600		—		341,063
	Special Mention		—		664		—		—		—		—			—		—		664
	Substandard		—		—		—		—		—		—			—		—		—
Total Construction			1,296		72,279		81,729		147,730		38,093		—			600		—		341,727
Current Period Charge-Offs			—		—		—		—		—		—			—		—		—
Total Construction and Development			2,934		89,316		107,567		167,675		47,555		20,193			11,912		—		447,152
Residential 1-4 Family Real Estate
Personal residence	Pass		8,402		54,486		62,806		54,423		31,357		133,857			—		—		345,331
	Special Mention		54		217		51		51		203		8,752			—		—		9,328
	Substandard		—		162		54		65		—		8,002			—		—		8,283
Total Personal Residence			8,456		54,865		62,911		54,539		31,560		150,611			—		—		362,942
Current Period Charge-Offs			—		—		—		—		—		(6	)		—		—		(6	)
Rental - small loan	Pass		5,333		18,155		22,045		26,265		10,866		49,027			6,790		—		138,481
	Special Mention		—		—		277		360		98		2,501			174		—		3,410
	Substandard		—		534		151		—		—		1,984			97		—		2,766
Total Rental - Small Loan			5,333		18,689		22,473		26,625		10,964		53,512			7,061		—		144,657
Current Period Charge-Offs			—		—		—		—		—		—			—		—		—
Rental - large loan	Pass		6,912		6,745		41,397		35,163		12,171		13,428			3,641		—		119,457
	Special Mention		—		—		—		—		—		2,865			—		—		2,865
	Substandard		—		—		629		—		—		181			—		—		810
Total Rental - Large Loan			6,912		6,745		42,026		35,163		12,171		16,474			3,641		—		123,132
Current Period Charge-Offs			—		—		—		—		—		—			—		—		—
Home equity	Pass		—		11		822		423		206		2,629			72,974		—		77,065
	Special Mention		—		—		31		311		100		818			838		—		2,098
	Substandard		—		—		—		25		—		794			45		—		864
Total Home Equity			—		11		853		759		306		4,241			73,857		—		80,027
Current Period Charge-Offs			—		—		—		—		—		(15	)		—		—		(15	)
Total Residential 1-4 Family Real Estate			20,701		80,310		128,263		117,086		55,001		224,838			84,559		—		710,758

	March 31, 2024
																					Revolvi-		Revolving-
Dollars in thousands		Risk Rating	2024			2023			2022			2021			2020			Prior			ng		Term		Total
Mortgage warehouse lines		Pass		—			—			—			—			—			—			108,858		—		108,858
Total Mortgage Warehouse Lines				—			—			—			—			—			—			108,858		—		108,858
Current Period Charge-Offs				—			—			—			—			—			—			—		—		—
Consumer		Pass		8,256			16,304			8,864			3,286			1,481			1,376			969		—		40,536
		Special Mention		278			925			645			134			84			100			3		—		2,169
		Substandard		70			138			132			34			—			2			26		—		402
Total Consumer				8,604			17,367			9,641			3,454			1,565			1,478			998		—		43,107
Current Period Charge-Offs				(70	)		(21	)		(70	)		(11	)		(35	)		—			—		—		(207	)
Other
Credit cards		Pass		2,251			—			—			—			—			—			—		—		2,251
Total Credit Cards				2,251			—			—			—			—			—			—		—		2,251
Current Period Charge-Offs				(7	)		—			—			—			—			—			—		—		(7	)
Overdrafts		Pass		1,347			—			—			—			—			—			—		—		1,347
Total Overdrafts				1,347			—			—			—			—			—			—		—		1,347
Current Period Charge-Offs				(217	)		—			—			—			—			—			—		—		(217	)
Total Other				3,598			—			—			—			—			—			—		—		3,598
Total			$	79,903		$	502,678		$	742,930		$	789,257		$	341,196		$	774,284		$	466,794	$	—	$	3,697,042
Total Charge-Offs			$	(294	)	$	(43	)	$	(70	)	$	(11	)	$	(35	)	$	(323	)	$	—	$	—	$	(776	)

	December 31, 2023
																Revolvi-			Revolving-
Dollars in thousands	Risk Rating	2023		2022		2021			2020		2019		Prior			ng			Term		Total
Commercial	Pass	$	63,526	$	130,075	$	55,932		$	17,841	$	15,802	$	9,693		$	205,654		$	—	$	498,523
	Special Mention		369		402		299			251		218		1,897			966			—		4,402
	Substandard		78		124		447			—		40		—			228			—		917
Total Commercial			63,973		130,601		56,678			18,092		16,060		11,590			206,848			—		503,842
Current Period Charge-Offs			—		—		(1	)		—		—		(3	)		(58	)		—		(62	)
Commercial Real Estate - Owner Occupied
Professional & medical	Pass		20,453		18,882		53,241			9,522		7,668		42,993			1,723			—		154,482
	Special Mention		—		—		—			1,092		—		867			—			—		1,959
	Substandard		—		—		—			67		—		433			—			—		500
Total Professional & Medical			20,453		18,882		53,241			10,681		7,668		44,293			1,723			—		156,941
Current Period Charge-Offs			—		—		—			—		—		(3	)		—			—		(3	)
Retail	Pass		5,600		22,936		66,848			11,794		23,778		34,173			3,116			—		168,245
	Special Mention		—		—		—			—		—		1,756			—			—		1,756
	Substandard		—		—		—			—		—		390			—			—		390
Total Retail			5,600		22,936		66,848			11,794		23,778		36,319			3,116			—		170,391
Current Period Charge-Offs			—		—		—			—		—		—			—			—		—
Other	Pass		27,260		47,405		36,980			25,611		14,807		59,992			2,823			—		214,878
	Special Mention		—		—		53			—		128		1,670			—			—		1,851
	Substandard		—		—		—			—		367		644			36			—		1,047
Total Other			27,260		47,405		37,033			25,611		15,302		62,306			2,859			—		217,776
Current Period Charge-Offs			—		—		—			—		—		(28	)		—			—		(28	)
Total Commercial Real Estate - Owner Occupied			53,313		89,223		157,122			48,086		46,748		142,918			7,698			—		545,108

	December 31, 2023
																Revolvi-		Revolving-
Dollars in thousands	Risk Rating	2023		2022		2021		2020		2019			Prior			ng		Term		Total
Commercial Real Estate - Non-Owner Occupied
Hotels & motels	Pass		55,770		37,994		11,995		9,161		53,781			28,209			1,650		—		198,560
	Special Mention		—		—		—		—		—			—			—		—		—
	Substandard		—		—		—		2,647		14,238			197			—		—		17,082
Total Hotels & Motels			55,770		37,994		11,995		11,808		68,019			28,406			1,650		—		215,642
Current Period Charge-Offs			—		—		—		—		—			—			—		—		—
Mini-storage	Pass		1,488		22,994		12,460		5,047		4,288			22,184			16		—		68,477
	Special Mention		—		—		—		—		—			40			—		—		40
	Substandard		—		—		—		—		—			—			—		—		—
Total Mini-storage			1,488		22,994		12,460		5,047		4,288			22,224			16		—		68,517
Current Period Charge-Offs			—		—		—		—		—			—			—		—		—
Multifamily	Pass		15,406		69,803		72,257		52,648		21,966			68,610			1,163		—		301,853
	Special Mention		—		—		—		—		—			—			—		—		—
	Substandard		—		—		—		400		—			45			—		—		445
Total Multifamily			15,406		69,803		72,257		53,048		21,966			68,655			1,163		—		302,298
Current Period Charge-Offs			—		—		—		—		—			(57	)		—		—		(57	)
Retail	Pass		39,462		53,109		57,587		49,146		10,623			35,241			4,046		—		249,214
	Special Mention		—		—		66		—		—			893			—		—		959
	Substandard		—		—		—		—		3,520			553			—		—		4,073
Total Retail			39,462		53,109		57,653		49,146		14,143			36,687			4,046		—		254,246
Current Period Charge-Offs			—		—		—		—		(3,658	)		—			—		—		(3,658	)
Other	Pass		45,146		104,191		114,862		56,165		15,509			55,330			9,237		—		400,440
	Special Mention		—		5,466		—		—		—			176			—		—		5,642
	Substandard		—		—		—		—		2,237			5,315			—		—		7,552
Total Other			45,146		109,657		114,862		56,165		17,746			60,821			9,237		—		413,634
Current Period Charge-Offs			—		—		—		—		—			—			—		—		—
Total Commercial Real Estate - Non-Owner Occupied			157,272		293,557		269,227		175,214		126,162			216,793			16,112		—		1,254,337
Construction and Development
Land & land development	Pass		56,159		26,369		20,843		9,383		4,008			15,072			11,486		—		143,320
	Special Mention		—		—		—		144		155			419			—		—		718
	Substandard		—		95		—		—		—			1,125			—		—		1,220
Total Land & land development			56,159		26,464		20,843		9,527		4,163			16,616			11,486		—		145,258
Current Period Charge-Offs			—		—		—		—		—			—			—		—		—
Construction	Pass		53,929		98,497		178,043		41,800		—			1,302			455		—		374,026
	Special Mention		—		—		—		—		—			—			—		—		—
	Substandard		—		—		—		—		—			—			—		—		—
Total Construction			53,929		98,497		178,043		41,800		—			1,302			455		—		374,026
Current Period Charge-Offs			—		—		—		—		—			—			—		—		—
Total Construction and Development			110,088		124,961		198,886		51,327		4,163			17,918			11,941		—		519,284
Residential 1-4 Family Real Estate
Personal residence	Pass		54,170		65,858		55,445		32,016		16,499			121,272			—		—		345,260
	Special Mention		217		73		51		—		176			8,889			—		—		9,406
	Substandard		—		—		66		—		533			7,468			—		—		8,067
Total Personal Residence			54,387		65,931		55,562		32,016		17,208			137,629			—		—		362,733
Current Period Charge-Offs			—		—		—		—		—			(89	)		—		—		(89	)

	December 31, 2023
																				Revolvi-			Revolving-
Dollars in thousands	Risk Rating	2023			2022			2021			2020			2019			Prior			ng			Term		Total
Rental - small loan	Pass		17,930			21,637			27,323			11,244			10,951			40,298			7,490			—		136,873
	Special Mention		—			280			219			99			182			2,283			—			—		3,063
	Substandard		534			153			—			—			—			1,942			100			—		2,729
Total Rental - Small Loan			18,464			22,070			27,542			11,343			11,133			44,523			7,590			—		142,665
Current Period Charge-Offs			—			—			—			—			—			—			—			—		—
Rental - large loan	Pass		7,490			43,818			35,605			10,185			2,379			9,554			3,028			—		112,059
	Special Mention		—			—			—			—			—			3,516			—			—		3,516
	Substandard		—			629			—			—			—			410			—			—		1,039
Total Rental - Large Loan			7,490			44,447			35,605			10,185			2,379			13,480			3,028			—		116,614
Current Period Charge-Offs			—			—			—			—			—			—			—			—		—
Home equity	Pass		—			100			326			97			82			1,756			76,234			—		78,595
	Special Mention		—			—			—			—			17			609			1,093			—		1,719
	Substandard		—			—			25			—			37			600			150			—		812
Total Home Equity			—			100			351			97			136			2,965			77,477			—		81,126
Current Period Charge-Offs			—			—			—			—			—			—			—			—		—
Total Residential 1-4 Family Real Estate			80,341			132,548			119,060			53,641			30,856			198,597			88,095			—		703,138
Mortgage warehouse lines	Pass		—			—			—			—			—			—			108,848			—		108,848
Total Mortgage Warehouse Lines			—			—			—			—			—			—			108,848			—		108,848
Current Period Charge-Offs			—			—			—			—			—			—			—			—		—
Consumer	Pass		21,206			11,580			3,953			1,720			695			1,011			912			—		41,077
	Special Mention		1,171			749			160			94			39			76			4			—		2,293
	Substandard		127			160			37			35			—			2			25			—		386
Total Consumer			22,504			12,489			4,150			1,849			734			1,089			941			—		43,756
Current Period Charge-Offs			(124	)		(170	)		(39	)		(10	)		(1	)		(7	)		—			—		(351	)
Other
Credit cards	Pass		2,286			—			—			—			—			—			—			—		2,286
Total Credit Cards			2,286			—			—			—			—			—			—			—		2,286
Current Period Charge-Offs			(93	)		—			—			—			—			—			—			—		(93	)
Overdrafts	Pass		1,013			—			—			—			—			—			—			—		1,013
Total Overdrafts			1,013			—			—			—			—			—			—			—		1,013
Current Period Charge-Offs			(503	)		—			—			—			—			—			—			—		(503	)
Total Other			3,299			—			—			—			—			—			—			—		3,299
Total		$	490,790		$	783,379		$	805,123		$	348,209		$	224,723		$	588,905		$	440,483		$	—	$	3,681,612
Total Charge-Offs		$	(720	)	$	(170	)	$	(40	)	$	(10	)	$	(3,659	)	$	(187	)	$	(58	)	$	—	$	(4,844	)

Allowance for Credit Losses - Loans

The following tables presents the activity in the ACLL by portfolio segment during the three months ended March 31, 2024 and 2023 and the twelve months ended December 31, 2023:

	For the Three Months Ended March 31, 2024
	Allowance for Credit Losses - Loans
			Provision
			for
			Credit
	Beginning		Losses -			Charge-					Ending
Dollars in thousands	Balance		Loans			offs			Recoveries		Balance
Commercial	$	4,319	$	3,519		$	(38	)	$	5	$	7,805
Commercial real estate - owner occupied
Professional & medical		1,207		64			—			—		1,271
Retail		543		(87	)		—			—		456
Other		601		561			—			—		1,162
Commercial real estate - non-owner occupied
Hotels & motels		3,124		589			—			—		3,713
Mini-storage		79		107			—			—		186
Multifamily		3,144		(30	)		—			1		3,115
Retail		2,518		111			—			18		2,647
Other		2,747		446			(286	)		3		2,910
Construction and development
Land & land development		5,576		(2,215	)		—			224		3,585
Construction		14,283		(1,636	)		—			—		12,647
Residential 1-4 family real estate
Personal residence		3,317		(314	)		(6	)		34		3,031
Rental - small loan		1,871		(70	)		—			74		1,875
Rental - large loan		2,846		(399	)		—			440		2,887
Home equity		1,430		(58	)		(15	)		11		1,368
Mortgage warehouse lines		—		—			—			—		—
Consumer		205		172			(207	)		32		202
Other
Credit cards		26		3			(7	)		2		24
Overdrafts		254		287			(217	)		24		348
Total	$	48,090	$	1,050		$	(776	)	$	868	$	49,232

	For the Three Months Ended March 31, 2023
	Allowance for Credit Losses - Loans
			Provision
			for
			Credit
	Beginning		Losses -			Charge-					Ending
Dollars in thousands	Balance		Loans			offs			Recoveries		Balance
Commercial	$	4,941	$	(242	)	$	(21	)	$	2	$	4,680
Commercial real estate - owner occupied
Professional & medical		966		(95	)		—			—		871
Retail		1,176		(51	)		—			—		1,125
Other		426		34			—			—		460
Commercial real estate - non-owner occupied
Hotels & motels		1,203		(65	)		—			—		1,138
Mini-storage		82		8			—			—		90
Multifamily		2,907		395			—			1		3,303
Retail		1,362		510			—			69		1,941
Other		2,452		(46	)		—			4		2,410
Construction and development
Land & land development		3,482		486			—			2		3,970
Construction		11,138		621			—			—		11,759
Residential 1-4 family real estate
Personal residence		2,939		(468	)		(23	)		71		2,519
Rental - small loan		1,907		(50	)		—			8		1,865
Rental - large loan		2,668		1,165			—			—		3,833
Home equity		705		(310	)		—			13		408
Mortgage warehouse lines		—		—			—			—		—
Consumer		174		—			(34	)		38		178
Other
Credit cards		17		10			(11	)		1		17
Overdrafts		354		(27	)		(76	)		18		269
Total	$	38,899	$	1,875		$	(165	)	$	227	$	40,836

	For the Twelve Months Ended December 31, 2023
	Allowance for Credit Losses - Loans
			Provision
			for
			Credit			Adjustment for
	Beginning		Losses -			PCD		Charge-					Ending
Dollars in thousands	Balance		Loans			Acquired Loans		offs			Recoveries		Balance
Commercial	$	4,941	$	(570	)	$	—	$	(62	)	$	10	$	4,319
Commercial real estate - owner occupied
Professional & medical		966		216			28		(3	)		—		1,207
Retail		1,176		(716	)		82		—			1		543
Other		426		(181	)		384		(28	)		—		601
Commercial real estate - non-owner occupied
Hotels & motels		1,203		1,921			—		—			—		3,124
Mini-storage		82		(3	)		—		—			—		79
Multifamily		2,907		288			1		(57	)		5		3,144
Retail		1,362		4,601			99		(3,658	)		114		2,518
Other		2,452		(349	)		632		—			12		2,747
Construction and development
Land & land development		3,482		2,085			1		—			8		5,576
Construction		11,138		3,145			—		—			—		14,283
Residential 1-4 family real estate
Personal residence		2,939		57			69		(89	)		341		3,317
Rental - small loan		1,907		(135	)		68		—			31		1,871
Rental - large loan		2,668		(112	)		1		—			289		2,846
Home equity		705		543			130		—			52		1,430
Mortgage warehouse lines		—		—			—		—			—		—
Consumer		174		251			—		(351	)		131		205
Other
Credit cards		17		93			—		(93	)		9		26
Overdrafts		354		321			—		(503	)		82		254
Total	$	38,899	$	11,455		$	1,495	$	(4,844	)	$	1,085	$	48,090

The following tables presents, as of  March 31, 2024 and  December 31, 2023 segregated by loan portfolio segment, details of the loan portfolio and the ACLL calculated in accordance with our credit loss accounting methodology for loans.

	March 31, 2024
	Loan Balances						Allowance for Credit Losses - Loans
Dollars in thousands	Loans Individually Evaluated		Loans Collectively Evaluated (1)		Total		Loans Individually Evaluated		Loans Collectively Evaluated		Total
Commercial	$	5,996	$	527,218	$	533,214	$	2,614	$	5,191	$	7,805
Commercial real estate - owner occupied
Professional & medical		—		167,386		167,386		—		1,271		1,271
Retail		566		178,428		178,994		22		434		456
Other		1,250		221,777		223,027		167		995		1,162
Commercial real estate - non-owner occupied
Hotels & motels		17,041		199,129		216,170		1,435		2,278		3,713
Mini-storage		—		80,838		80,838		—		186		186
Multifamily		—		309,190		309,190		—		3,115		3,115
Retail		3,680		243,429		247,109		97		2,550		2,647
Other		4,580		423,061		427,641		211		2,699		2,910
Construction and development
Land & land development		676		104,749		105,425		428		3,157		3,585
Construction		—		341,727		341,727		—		12,647		12,647
Residential 1-4 family real estate
Personal residence		—		362,942		362,942		—		3,031		3,031
Rental - small loan		1,237		143,420		144,657		187		1,688		1,875
Rental - large loan		628		122,504		123,132		—		2,887		2,887
Home equity		—		80,027		80,027		—		1,368		1,368
Mortgage warehouse lines		—		108,858		108,858		—		—		—
Consumer		—		43,107		43,107		—		202		202
Other
Credit cards		—		2,251		2,251		—		24		24
Overdrafts		—		1,347		1,347		—		348		348
Total	$	35,654	$	3,661,388	$	3,697,042	$	5,161	$	44,071	$	49,232

(1) Included in the loans collectively evaluated are $9.8 million in fully guaranteed or cash secured loans, which are excluded from the pools collectively evaluated and carry no allowance.

	December 31, 2023
	Loan Balances						Allowance for Credit Losses - Loans
Dollars in thousands	Loans Individually Evaluated		Loans Collectively Evaluated (1)		Total		Loans Individually Evaluated		Loans Collectively Evaluated		Total
Commercial	$	92	$	503,750	$	503,842	$	—	$	4,319	$	4,319
Commercial real estate - owner occupied
Professional & medical		—		156,941		156,941		—		1,207		1,207
Retail		572		169,819		170,391		23		520		543
Other		—		217,776		217,776		—		601		601
Commercial real estate - non-owner occupied
Hotels & motels		17,083		198,559		215,642		1,456		1,668		3,124
Mini-storage		—		68,517		68,517		—		79		79
Multifamily		—		302,298		302,298		—		3,144		3,144
Retail		3,906		250,340		254,246		103		2,415		2,518
Other		7,823		405,811		413,634		214		2,533		2,747
Construction and development
Land & land development		708		144,550		145,258		460		5,116		5,576
Construction		—		374,026		374,026		—		14,283		14,283
Residential 1-4 family real estate
Personal residence		—		362,733		362,733		—		3,317		3,317
Rental - small loan		1,247		141,418		142,665		104		1,767		1,871
Rental - large loan		1,256		115,358		116,614		—		2,846		2,846
Home equity		—		81,126		81,126		—		1,430		1,430
Mortgage warehouse lines		—		108,848		108,848		—		—		—
Consumer		—		43,756		43,756		—		205		205
Other
Credit cards		—		2,286		2,286		—		26		26
Overdrafts		—		1,013		1,013		—		254		254
Total	$	32,687	$	3,648,925	$	3,681,612	$	2,360	$	45,730	$	48,090

(1) Included in the loans collectively evaluated are $9.2 million in fully guaranteed or cash secured loans, which are excluded from the pools collectively evaluated and carry no allowance.

The following tables presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACLL allocated to those loans:

	March 31, 2024
	Real Estate						Allowance for
	Secured		Non-Real Estate				Credit Losses
Dollars in thousands	Loans		Secured Loans		Total Loans		- Loans
Commercial	$	—	$	5,996	$	5,996	$	2,614
Commercial real estate - owner occupied
Professional & medical		—		—		—		—
Retail		566		—		566		22
Other		1,250		—		1,250		167
Commercial real estate - non-owner occupied
Hotels & motels		17,041		—		17,041		1,435
Mini-storage		—		—		—		—
Multifamily		—		—		—		—
Retail		3,680		—		3,680		97
Other		4,580		—		4,580		211
Construction and development
Land & land development		676		—		676		428
Construction		—		—		—		—
Residential 1-4 family real estate
Personal residence		—		—		—		—
Rental - small loan		1,237		—		1,237		187
Rental - large loan		628		—		628		—
Home equity		—		—		—		—
Consumer		—		—		—		—
Other
Credit cards		—		—		—		—
Overdrafts		—		—		—		—
Total	$	29,658	$	5,996	$	35,654	$	5,161

	December 31, 2023
	Real Estate						Allowance for
	Secured		Non-Real Estate				Credit Losses
Dollars in thousands	Loans		Secured Loans		Total Loans		- Loans
Commercial	$	—	$	92	$	92	$	—
Commercial real estate - owner occupied
Professional & medical		572		—		572		—
Retail		—		—		—		23
Other		—		—		—		—
Commercial real estate - non-owner occupied
Hotels & motels		17,083		—		17,083		1,456
Mini-storage		—		—		—		—
Multifamily		—		—		—		—
Retail		3,906		—		3,906		103
Other		7,823		—		7,823		214
Construction and development
Land & land development		708		—		708		460
Construction		—		—		—		—
Residential 1-4 family real estate
Personal residence		—		—		—		—
Rental - small loan		1,247		—		1,247		104
Rental - large loan		1,256		—		1,256		—
Home equity		—		—		—		—
Consumer		—		—		—		—
Other
Credit cards		—		—		—		—
Overdrafts		—		—		—		—
Total	$	32,595	$	92	$	32,687	$	2,360