FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

6 Months Ended

Jun. 30, 2021

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK

Schedule of financial instruments with off-balance sheet risk

The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. At June 30, 2021, and December 31, 2020 these financial instruments consisted of the following:

($ in thousands)	June 30, 2021				December 31, 2020
	Fixed Rate		Variable Rate		Fixed Rate		Variable Rate
Commitments to make loans	$	86,584	$	33,205	$	97,738	$	16,203
Unused lines of credit		178,224		210,529		157,006		195,221
Standby letters of credit		2,848		9,903		4,182		11,486

Schedule of changes in the ACL on OBSC exposures

Changes in the ACL on OBSC exposures were at June 30, 2021 were as follows ($ in thousands):

	Three Months Ended		Six Months Ended
	June 30, 2021		June 30, 2021
Balance at beginning of period	$	718	$	—
Adoption of ASU 326		—		718
Credit loss expense related to OBSC exposures		—		—
Balance at end of period	$	718	$	718