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Loans
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Loans LOANS
The following table presents a summary of loans by category:
($ in thousands)September 30, 2024December 31, 2023
Commercial and industrial$4,631,613 $4,674,056 
Real estate:  
Commercial - investor owned2,526,696 2,452,402 
Commercial - owner occupied2,381,636 2,344,117 
Construction and land development896,768 760,122 
Residential354,888 371,995 
Total real estate loans6,159,988 5,928,636 
Other290,052 285,653 
Loans, before unearned loan fees11,081,653 10,888,345 
Unearned loan fees, net(1,761)(4,227)
Loans, including unearned loan fees$11,079,892 $10,884,118 

The loan balance includes a net premium on acquired loans of $8.5 million and $9.6 million at September 30, 2024 and December 31, 2023, respectively. At September 30, 2024 and December 31, 2023, loans and securities of $5.5 billion and $4.8 billion, respectively, were pledged to the FHLB and the Federal Reserve Bank.

Accrued interest totaled $52.5 million and $66.7 million at September 30, 2024 and December 31, 2023, respectively, and was reported in “Other Assets” on the consolidated balance sheets.

SBA 7(a) guaranteed loans sold during the nine months ended September 30, 2024 totaled $23.1 million, resulting in a gain on sale of $1.4 million. SBA 7(a) guaranteed loans sold during the three and nine months ended September 30, 2023 totaled $33.3 million and $42.1 million, respectively. A gain on sale of $1.5 million and $2.0 million was recognized for the three and nine months ended September 30, 2023, respectively. There were no SBA 7(a) guaranteed loans sold in the three months ended September 30, 2024.

No consumer mortgage loans secured by residential real estate were in the process of foreclosure at September 30, 2024, compared to $1.0 million at December 31, 2023.

A summary of the activity, by loan category, in the ACL on loans for the three and nine months ended September 30, 2024 and 2023 is as follows:
($ in thousands)Commercial and industrialCRE - investor ownedCRE -
owner occupied		Construction and land developmentResidential real estateOtherTotal
Allowance for credit losses on loans:
Balance at June 30, 2024
$61,478 $31,903 $24,316 $11,504 $5,588 $4,675 $139,464 
Provision (benefit) for credit losses2,360 1,050 (935)1,766 266 (343)4,164 
Charge-offs(440)— (906)(3,224)(19)(184)(4,773)
Recoveries662 30 25 21 140 45 923 
Balance at September 30, 2024
$64,060 $32,983 $22,500 $10,067 $5,975 $4,193 $139,778 
($ in thousands)Commercial and industrialCRE - investor ownedCRE -
owner occupied		Construction and land developmentResidential real estateOtherTotal
Allowance for credit losses on loans:
Balance at December 31, 2023
$58,886 $31,280 $23,405 $10,198 $6,142 $4,860 $134,771 
Provision (benefit) for credit losses9,146 1,914 1,818 3,042 (415)(179)15,326 
Charge-offs(6,349)(305)(2,773)(3,224)(760)(725)(14,136)
Recoveries2,377 94 50 51 1,008 237 3,817 
Balance at September 30, 2024
$64,060 $32,983 $22,500 $10,067 $5,975 $4,193 $139,778 

($ in thousands)Commercial and industrialCRE - investor ownedCRE -
owner occupied		Construction and land developmentResidential real estateOtherTotal
Allowance for credit losses on loans:       
Balance at June 30, 2023
$60,318 $33,876 $22,700 $12,795 $7,421 $4,209 $141,319 
Provision (benefit) for credit losses3,914 2,851 2,705 (1,662)(939)801 7,670 
Charge-offs(2,794)(4,692)— — (131)(686)(8,303)
Recoveries1,038 27 28 14 271 69 1,447 
Balance at September 30, 2023
$62,476 $32,062 $25,433 $11,147 $6,622 $4,393 $142,133 

($ in thousands)Commercial and industrialCRE - investor ownedCRE -
owner occupied		Construction and land developmentResidential real estateOtherTotal
Allowance for credit losses on loans:       
Balance at December 31, 2022
$53,835 $36,191 $22,752 $11,444 $7,928 $4,782 $136,932 
Provision (benefit) for credit losses12,854 653 2,564 (342)(1,472)509 14,766 
Charge-offs(6,790)(4,869)— (9)(654)(1,129)(13,451)
Recoveries2,577 87 117 54 820 231 3,886 
Balance at September 30, 2023
$62,476 $32,062 $25,433 $11,147 $6,622 $4,393 $142,133 

The ACL on sponsor finance loans, which is included in the categories above, represented $23.0 million at both September 30, 2024 and December 31, 2023, respectively.

The CECL methodology incorporates various economic scenarios. The Company utilizes three forecasts in the model: Moody’s baseline, a stronger near-term growth upside and a moderate recession downside forecast. The Company weights these scenarios at 40%, 30%, and 30%, respectively, which added approximately $14.5 million to the ACL on loans over the baseline model at September 30, 2024. The baseline forecast incorporates an expectation that the federal funds rate will continue to fall in the last quarter of 2024. It is also assumed that the bank failures in early 2023 were not an indication of a broader problem in the industry. The Company has also recognized various risks posed by loans in certain segments, including the commercial office and agricultural sectors, by allocating additional reserves to those segments. Some of the key risks to the forecasts that could result in future provision for credit losses are market reactions to the Federal Reserve policy actions that could push the economy into a recession, persistently higher inflation, tightening in the credit markets, and further weakness in the financial system.

In addition to the CECL methodology, the Company incorporates qualitative adjustments into the ACL on loans to capture credit risks inherent within the loan portfolio that are not captured in the CECL model. Included in these risks are 1) changes in lending policies and procedures, 2) actual and expected changes in business and economic conditions, 3) changes in the nature and volume of the portfolio, 4) changes in lending management, 5) changes in volume and the severity of past due loans, 6) changes in the quality of the loan review system, 7) changes in the value of underlying collateral, 8) the existence and effect of concentrations of credit and 9) other factors such as the regulatory, legal and competitive environments and events such as natural disasters and pandemics. At September 30, 2024, the ACL on loans included a qualitative adjustment of approximately $49.1 million. Of this amount, approximately $16.1 million was allocated to sponsor finance loans due to their mostly unsecured nature.
The current year-to-date gross charge-offs by loan class and year of origination is presented in the following tables:
September 30, 2024
Term Loans by Origination Year
($ in thousands)20242023202220212020PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
Commercial and industrial$312 $2 $1,414 $35 $66 $767 $— $3,589 $6,185 
Real estate:
Commercial - investor owned— — — 160 — 145 — — 305 
Commercial - owner occupied— — 41 475 10 2,262 — — 2,788 
Construction and land development— — — — 3,224 — — — 3,224 
Residential— — 94 15 — 425 202 24 760 
Other— — — 58 — 79 101 1 239 
Total charge-offs by origination year$312 $2 $1,549 $743 $3,300 $3,678 $303 $3,614 $13,501 
Total gross charge-offs by performing status635 
Total gross charge-offs$14,136 

December 31, 2023
Term Loans by Origination Year
($ in thousands)20232022202120202019PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
Commercial and industrial$600 $2,999 $1,940 $2,539 $— $— $12,533 $15,178 $35,789 
Real estate:
Commercial - investor owned— — 170 — 4,692 7 — — 4,869 
Construction and land development— — — — — 9 — — 9 
Residential— — — — — 480 176 — 656 
Other— 3 459 — — 319 12 — 793 
Total charge-offs by origination year$600 $3,002 $2,569 $2,539 $4,692 $815 $12,721 $15,178 $42,116 
Total gross charge-offs by performing status1,099 
Total gross charge-offs$43,215 
The following tables present the recorded investment in nonperforming loans by category, excluding government guaranteed balances:
September 30, 2024
($ in thousands)NonaccrualLoans over 90 days past due and still accruing interestTotal nonperforming loansNonaccrual loans with no allowance
Commercial and industrial$6,648 $227 $6,875 $296 
Real estate: 
    Commercial - investor owned14,284 — 14,284 — 
    Commercial - owner occupied6,432 — 6,432 4,577 
    Construction and land development527 — 527 527 
    Residential258 — 258 — 
       Total$28,149 $227 $28,376 $5,400 

December 31, 2023
($ in thousands)NonaccrualLoans over 90 days past due and still accruing interestTotal nonperforming loansNonaccrual loans with no allowance
Commercial and industrial$7,641 $115 $7,756 $6,179 
Real estate:
    Commercial - investor owned20,404 — 20,404 19,466 
    Commercial - owner occupied12,972 363 13,335 9,010 
    Construction and land development1,205 64 1,269 464 
    Residential959 — 959 959 
Other— 5 5 — 
       Total$43,181 $547 $43,728 $36,078 

The nonperforming loan balances at September 30, 2024 and December 31, 2023 exclude government guaranteed balances of $11.9 million and $10.7 million respectively.

Interest income recognized on nonaccrual loans was immaterial during the three and nine months ended September 30, 2024 and 2023.

Collateral-dependent nonperforming loans by class of loan is presented as of the dates indicated:
September 30, 2024
Type of Collateral
($ in thousands)Commercial Real EstateResidential Real EstateBlanket LienOther
Commercial and industrial$296 $— $— $3,733 
Real estate:
Commercial - investor owned14,284 — — — 
Commercial - owner occupied3,715 482 736 — 
Total$18,295 $482 $736 $3,733 
December 31, 2023
Type of Collateral
($ in thousands)Commercial Real EstateResidential Real EstateBlanket LienOther
Commercial and industrial$527 $1,864 $344 $3,445 
Real estate:
Commercial - investor owned19,467 — — — 
Commercial - owner occupied5,904 1,638 1,831 — 
Construction and land development528 741 — — 
Residential— 959 — — 
Total$26,426 $5,202 $2,175 $3,445 

The aging of the recorded investment in past due loans by class and category is presented as of the dates indicated.

September 30, 2024
($ in thousands)30-89 Days
 Past Due		90 or More
Days
Past Due		Total
Past Due		CurrentTotal
Commercial and industrial$8,262 $2,452 $10,714 $4,620,899 $4,631,613 
Real estate:
Commercial - investor owned273 14,284 14,557 2,512,139 2,526,696 
Commercial - owner occupied16,310 9,397 25,707 2,355,929 2,381,636 
Construction and land development— 1,907 1,907 894,861 896,768 
Residential6,594 258 6,852 348,036 354,888 
Other— — — 290,052 290,052 
Loans, before unearned loan fees$31,439 $28,298 $59,737 $11,021,916 $11,081,653 
Unearned loan fees, net(1,761)
Total$11,079,892 

December 31, 2023
($ in thousands)30-89 Days
 Past Due		90 or More
Days
Past Due		Total
Past Due		CurrentTotal
Commercial and industrial$3,445 $9,037 $12,482 $4,661,574 $4,674,056 
Real estate:
Commercial - investor owned1,905 18,395 20,300 2,432,102 2,452,402 
Commercial - owner occupied8,409 14,142 22,551 2,321,566 2,344,117 
Construction and land development770 1,908 2,678 757,444 760,122 
Residential1,620 959 2,579 369,416 371,995 
Other82 4 86 285,567 285,653 
Loans, before unearned loan fees$16,231 $44,445 $60,676 $10,827,669 $10,888,345 
Unearned loan fees, net(4,227)
Total$10,884,118 

The allowance for credit losses on loans incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon origination or acquisition. The starting point for the estimate of the allowance for credit losses on loans is historical loss information, which includes losses from modifications of receivables to borrowers experiencing financial difficulty. The Company uses a probability of default and loss given default model to determine the allowance for credit losses on loans.

An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. The effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit losses on loans because of the measurement methodologies used to estimate the allowance.
The most common concession the Company provides to borrowers experiencing financial difficulty is a term extension. In limited circumstances, the Company may modify loans by providing principal forgiveness or an interest rate reduction. When principal forgiveness is provided, the amortized cost basis of the asset is written off against the allowance for credit losses on loans. The amount of the principal forgiveness is deemed to be uncollectible; therefore, that portion of the loan is written off, resulting in a reduction of the amortized cost basis and a corresponding adjustment to the allowance for credit losses on loans.

In some cases, the Company will modify a loan by providing multiple types of concessions. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as an interest rate reduction or principal forgiveness, may be granted.

The following tables show the recorded investment at the end of the dates listed for loans modified to borrowers experiencing financial difficulty, disaggregated by loan class and type of concession granted:
Term Extension
Three months ended
($ in thousands)September 30, 2024Percent of Total Loan Class
Commercial and industrial$9,996 0.22 %
Real estate:
Commercial - investor owned258 0.01 %
Total$10,254 

Term ExtensionPayment DelayTotal
Nine months endedNine months endedNine months ended
($ in thousands)September 30, 2024Percent of Total Loan ClassSeptember 30, 2024Percent of Total Loan ClassSeptember 30, 2024Percent of Total Loan Class
Commercial and industrial$60,256 1.30 %$567 0.01 %$60,823 1.31 %
Real estate:
Commercial - investor owned8,667 0.34 %— — %8,667 0.34 %
Commercial - owner occupied94 NM— — %94 NM
Residential7,644 2.15 %— — %7,644 2.15 %
Total$76,661 $567 $77,228 

Term Extension
Three months endedNine months ended
($ in thousands)September 30, 2023Percent of Total Loan ClassSeptember 30, 2023Percent of Total Loan Class
Commercial and industrial$66 — %$26,033 0.59 %
Real estate:
Commercial - investor owned1,000 0.04 %1,000 0.04 %
Commercial - owner occupied— — %94 — %
Construction and land development— — %1,137 0.16 %
Residential28 0.01 %102 0.03 %
Total$1,094 $28,366 
The following tables summarize the financial impacts of loan modifications made to borrowers experiencing financial difficulty and outstanding at the date indicated:
Weighted Average Term Extension
(in months)		Weighted Average Term Extension
(in months)		Payment Delay
Three months endedNine months ended
($ in thousands)September 30, 2024September 30, 2024
Commercial and industrial75$85 
Real estate:
Commercial - investor owned— 4— 
Commercial - owner occupied123— 
Residential— 12— 

Weighted Average Term Extension
(in months)
Three months endedNine months ended
September 30, 2023September 30, 2023
Commercial and industrial49
Real estate:
Commercial - investor owned33
Commercial - owner occupied— 5
Construction and land development— 10
Residential6022

The following table shows the aging of the recorded investment in modified loans in the last 12 months by class at the date indicated:

September 30, 2024
($ in thousands)Current30-89 Days
 Past Due		90 or More
Days
Past Due		Total
Commercial and industrial$52,488 $— $— $52,488 
Real estate:
Commercial - investor owned259 — — 259 
Commercial - owner occupied— 92 — 92 
Residential70 70 — 140 
Total$52,817 $162 $— $52,979 
September 30, 2023
($ in thousands)Current30-89 Days
 Past Due		90 or More
Days
Past Due		Total
Commercial and industrial$25,483 $550 $— $26,033 
Real estate: 
Commercial - investor owned— 1,000 — 1,000 
Commercial - owner occupied94 — — 94 
Construction and land development741 396 — 1,137 
Residential102 — — 102 
Total$26,420 $1,946 $— $28,366 



The following table summarizes loans that experienced a default during the nine months ended September 30, 2024, subsequent to being granted a modification in the preceding twelve months. All of these loans were charged-off during the preceding period. There were no loans that experienced a default during the three months ended September 30, 2024 or September 30, 2023, subsequent to being granted a modification in the preceding twelve months. Default is defined as movement to nonperforming status, foreclosure or charge-off.

Term Extension
Nine months ended
($ in thousands)September 30, 2024Percent of Total Loan Class
Commercial and industrial$1,000 0.02 %
Real estate:
Construction and land development1,748 0.20 %
Other4 NM
Total$2,752 

As of September 30, 2024, the Company allocated an immaterial amount in specific reserves to loans that have been restructured.
The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, payment experience, credit documentation, and current economic factors among other factors. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk ratings:
•Grades 1, 2, and 3 – Includes loans to borrowers with a continuous record of strong earnings, sound balance sheet condition and capitalization, ample liquidity with solid cash flow, and whose management team has experience and depth within their industry.
•Grade 4 – Includes loans to borrowers with positive trends in profitability, satisfactory capitalization and balance sheet condition, and sufficient liquidity and cash flow.
•Grade 5 – Includes loans to borrowers that may display fluctuating trends in sales, profitability, capitalization, liquidity, and cash flow.
•Grade 6 – Includes loans to borrowers where an adverse change or perceived weakness has occurred, but may be correctable in the near future. Alternatively, this rating category may also include circumstances where the borrower is starting to reverse a negative trend or condition, or has recently been upgraded from a 7, 8, or 9 rating.
•Grade 7 – Special Mention credits are borrowers that have experienced financial setback of a nature that is not determined to be severe or influence ‘ongoing concern’ expectations. Although possible, no loss is anticipated, due to strong collateral and/or guarantor support.
•Grade 8 – Substandard credits include those borrowers characterized by significant losses and sustained downward trends in balance sheet condition, liquidity, and cash flow. Repayment reliance may have shifted to secondary sources. Collateral exposure may exist and additional reserves may be warranted.
•Grade 9 – Doubtful credits include borrowers that may show deteriorating trends that are unlikely to be corrected. Collateral values may appear insufficient for full recovery, therefore requiring a partial charge-off, or debt renegotiation with the borrower. The borrower may have declared bankruptcy or bankruptcy is likely in the near term. All doubtful rated credits will be on non-accrual.
The recorded investment by risk category of the loans by class and year of origination is presented in the following tables as of the dates indicated:
September 30, 2024
Term Loans by Origination Year
($ in thousands)20242023202220212020PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
Commercial and industrial
Pass (1-6)$1,082,070 $1,097,726 $680,423 $201,756 $137,028 $81,666 $18,343 $1,022,691 $4,321,703 
Special Mention (7)34,554 49,464 10,172 2,247 959 676 689 77,906 176,667 
Classified (8-9)20,350 3,565 24,641 — 93 265 3,818 44,109 96,841 
Total Commercial and industrial$1,136,974 $1,150,755 $715,236 $204,003 $138,080 $82,607 $22,850 $1,144,706 $4,595,211 
Commercial real estate-investor owned
Pass (1-6)$356,106 $447,856 $496,385 $445,628 $283,675 $307,900 $7,301 $49,160 $2,394,011 
Special Mention (7)762 4,552 12,488 65,821 2,051 8,573 — 1,998 96,245 
Classified (8-9)259 — 273 42 13,158 4,653 — — 18,385 
Total Commercial real estate-investor owned$357,127 $452,408 $509,146 $511,491 $298,884 $321,126 $7,301 $51,158 $2,508,641 
Commercial real estate-owner occupied
Pass (1-6)$333,337 $356,368 $448,514 $421,894 $254,424 $389,046 $6,100 $29,814 $2,239,497 
Special Mention (7)9,660 9,792 3,931 14,196 8,961 18,482 — — 65,022 
Classified (8-9)— 3,019 4,803 5,729 3,953 37,019 828 1,708 57,059 
Total Commercial real estate-owner occupied$342,997 $369,179 $457,248 $441,819 $267,338 $444,547 $6,928 $31,522 $2,361,578 
Construction real estate
Pass (1-6)$304,590 $239,275 $220,377 $79,666 $30,526 $3,920 $6 $4,645 $883,005 
Special Mention (7)10,486 35 1,093 297 — 226 — — 12,137 
Classified (8-9)— — 600 — — 583 — — 1,183 
Total Construction real estate$315,076 $239,310 $222,070 $79,963 $30,526 $4,729 $6 $4,645 $896,325 
Residential real estate
Pass (1-6)$28,158 $49,246 $36,088 $41,609 $28,738 $83,305 $2,171 $79,021 $348,336 
Special Mention (7)1,399 41 607 — 67 1,547 149 585 4,395 
Classified (8-9)— 91 109 — — 1,623 71 — 1,894 
Total residential real estate$29,557 $49,378 $36,804 $41,609 $28,805 $86,475 $2,391 $79,606 $354,625 
Other
Pass (1-6)$25,386 $6,514 $54,482 $60,313 $50,988 $32,456 $5 $42,474 $272,618 
Special Mention (7)— 3,023 — — — 1,799 — 7,377 12,199 
Classified (8-9)— — — — — 5 — — 5 
Total Other$25,386 $9,537 $54,482 $60,313 $50,988 $34,260 $5 $49,851 $284,822 
Total loans classified by risk category$2,207,117 $2,270,567 $1,994,986 $1,339,198 $814,621 $973,744 $39,481 $1,361,488 $11,001,202 
Total loans classified by performing status78,690 
Total loans$11,079,892 
December 31, 2023
Term Loans by Origination Year
($ in thousands)20232022202120202019PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
Commercial and industrial
Pass (1-6)$1,567,738 $1,052,462 $345,292 $194,972 $123,425 $71,205 $12,163 $1,108,233 $4,475,490 
Special Mention (7)52,523 6,845 8,597 544 453 242 272 19,590 89,066 
Classified (8-9)12,824 19,306 1,833 812 339 363 508 45,830 81,815 
Total Commercial and industrial$1,633,085 $1,078,613 $355,722 $196,328 $124,217 $71,810 $12,943 $1,173,653 $4,646,371 
Commercial real estate-investor owned
Pass (1-6)$495,131 $544,223 $492,974 $323,175 $165,343 $236,914 $5,222 $51,413 $2,314,395 
Special Mention (7)3,626 22,725 51,851 1,657 164 5,526 — — 85,549 
Classified (8-9)9,411 1,034 43 15,838 2,831 4,919 48 — 34,124 
Total Commercial real estate-investor owned$508,168 $567,982 $544,868 $340,670 $168,338 $247,359 $5,270 $51,413 $2,434,068 
Commercial real estate-owner occupied
Pass (1-6)$407,901 $486,701 $489,589 $301,399 $183,872 $313,474 $5,083 $30,036 $2,218,055 
Special Mention (7)13,739 2,521 4,652 10,492 5,439 15,833 — 1,493 54,169 
Classified (8-9)3,389 3,413 2,247 3,181 8,878 24,857 5,056 — 51,021 
Total Commercial real estate-owner occupied$425,029 $492,635 $496,488 $315,072 $198,189 $354,164 $10,139 $31,529 $2,323,245 
Construction real estate
Pass (1-6)$292,689 $325,010 $96,426 $30,956 $1,413 $3,408 $10 $3,700 $753,612 
Special Mention (7)42 2,958 1,046 210 123 114 — — 4,493 
Classified (8-9)1,137 704 — — 13 466 — — 2,320 
Total Construction real estate$293,868 $328,672 $97,472 $31,166 $1,549 $3,988 $10 $3,700 $760,425 
Residential real estate
Pass (1-6)$59,259 $41,956 $51,436 $30,713 $17,793 $77,327 $1,464 $78,351 $358,299 
Special Mention (7)322 — — — 75 1,801 — 614 2,812 
Classified (8-9)127 1,073 69 — 30 1,492 74 7,500 10,365 
Total residential real estate$59,708 $43,029 $51,505 $30,713 $17,898 $80,620 $1,538 $86,465 $371,476 
Other
Pass (1-6)$10,071 $55,923 $67,766 $53,569 $9,382 $19,657 $7 $28,464 $244,839 
Special Mention (7)— — 14,472 — — — — 11,645 26,117 
Classified (8-9)— — — — — 8 — — 8 
Total Other$10,071 $55,923 $82,238 $53,569 $9,382 $19,665 $7 $40,109 $270,964 
Total loans classified by risk category$2,929,929 $2,566,854 $1,628,293 $967,518 $519,573 $777,606 $29,907 $1,386,869 $10,806,549 
Total loans classified by performing status77,569 
Total loans$10,884,118 
In the tables above, loan originations in 2024 and 2023 with a classification of “special mention” or “classified” primarily represent renewals or modifications initially underwritten and originated in prior years.

For certain loans, the Company evaluates credit quality based on the aging status.

The following tables present the recorded investment on loans based on payment activity as of the dates indicated:

September 30, 2024
($ in thousands)PerformingNon PerformingTotal
Commercial and industrial$33,051 $226 $33,277 
Real estate:
Commercial - investor owned17,352 — 17,352 
Commercial - owner occupied27,605 — 27,605 
Residential654 — 654 
Other(198)— (198)
Total$78,464 $226 $78,690 

December 31, 2023
($ in thousands)PerformingNon PerformingTotal
Commercial and industrial$26,076 $112 $26,188 
Real estate:
Commercial - investor owned17,885 — 17,885 
Commercial - owner occupied28,373 — 28,373 
Residential712 — 712 
Other4,406 5 4,411 
Total$77,452 $117 $77,569