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Other Real Estate and Other Assets Acquired in Settlement of Loans (Tables)
3 Months Ended
Mar. 31, 2025
Other Real Estate [Abstract]  
Schedule of Real Estate and Other Assets Acquired in Settlement of Loans
March 31,December 31,
(dollars in thousands)20252024
Real estate construction - commercial$2,549 $2,549 
Real estate mortgage - residential2442
Real estate mortgage - commercial98858
Total$2,671 $3,449 
Less valuation allowance for other real estate owned(2,003)(2,003)
Total other real estate owned and repossessed assets$668 $1,446 
Schedule of Activity in Valuation Allowance for Other Real Estate Owned
Activity in the valuation allowance for other real estate owned was as follows for the periods indicated:
Three Months Ended March 31,
(dollars in thousands)20252024
Balance at beginning of period$2,003$5,950
Release of provision for valuation allowance for other real estate owned
Charge-offs
Balance at end of period$2,003$5,950