XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.24.3

Loans and Allowance for Credit Losses (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Receivables [Abstract] |
Composition of Loan Portfolio | The composition of the loan portfolio is as follows as of the periods indicated:
| September 30, |  | December 31,
| 2024 |  | 2023
| (dollars in thousands; unaudited)
Community Bank |  |  |
Commercial and industrial loans | $ | 152,161 |  |  | $ | 149,502 |
Real estate loans: |  |  |
Construction, land and land development loans | 163,051 |  |  | 157,100 |
Residential real estate loans | 212,467 |  |  | 225,391 |
Commercial real estate loans | 1,362,452 |  |  | 1,303,533 |
Consumer and other loans: |  |  |
Other consumer and other loans | 14,173 |  |  | 1,628 |
Gross Community Bank loans receivable | 1,904,304 |  |  | 1,837,154 |
CCBX |  |  |
Commercial and industrial loans: |  |  |
Capital call lines | $ | 103,924 |  |  | $ | 87,494 |
All other commercial & industrial loans | 36,494 |  |  | 54,298 |
Real estate loans: |  |  |
Residential real estate loans | 265,402 |  |  | 238,035 |
Consumer and other loans: |  |  |
Credit cards | 633,691 |  |  | 505,837 |
Other consumer and other loans | 482,228 |  |  | 310,574 |
Gross CCBX loans receivable | 1,521,739 |  |  | 1,196,238 |
Total gross loans receivable | 3,426,043 |  |  | 3,033,392 |
Net deferred origination fees and premiums | (7,211) |  |  | (7,300) |
Loans receivable | $ | 3,418,832 |  |  | $ | 3,026,092 |
Summary of an Age Analysis of Past Due Loans | The following table illustrates an age analysis of past due loans as of the dates indicated:
| 30-89 Days Past Due |  | 90 Days or More Past Due |  | Total Past Due |  | Current |  | Total Loans |  | 90 Days or More Past Due and Still Accruing
| (dollars in thousands; unaudited)
September 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Community Bank |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans | $ | 271 |  |  | $ | — |  |  | $ | 271 |  |  | $ | 151,890 |  |  | $ | 152,161 |  |  | $ | — |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |
Construction, land and land development | — |  |  | — |  |  | — |  |  | 163,051 |  |  | 163,051 |  |  | — |
Residential real estate | — |  |  | 45 |  |  | 45 |  |  | 212,422 |  |  | 212,467 |  |  | — |
Commercial real estate | — |  |  | 831 |  |  | 831 |  |  | 1,361,621 |  |  | 1,362,452 |  |  | — |
Consumer and other loans | 2 |  |  | — |  |  | 2 |  |  | 14,171 |  |  | 14,173 |  |  | — |
Total community bank | $ | 273 |  |  | $ | 876 |  |  | $ | 1,149 |  |  | $ | 1,903,155 |  |  | $ | 1,904,304 |  |  | $ | — |
CCBX |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans: |  |  |  |  |  |  |  |  |  |
Capital call lines | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 103,924 |  |  | $ | 103,924 |  |  | $ | — |
All other commercial & industrial loans | 2,496 |  |  | 1,593 |  |  | 4,089 |  |  | 32,405 |  |  | 36,494 |  |  | 1,566 |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |
Residential real estate loans | 3,648 |  |  | 3,025 |  |  | 6,673 |  |  | $ | 258,729 |  |  | $ | 265,402 |  |  | 3,025 |
Consumer and other loans: |  |  |  |  |  |  |  |  |  |  |
Credit cards | 30,476 |  |  | 37,269 |  |  | 67,745 |  |  | $ | 565,946 |  |  | $ | 633,691 |  |  | 34,562 |
Other consumer and other loans | 21,534 |  |  | 6,412 |  |  | 27,946 |  |  | 454,282 |  |  | 482,228 |  |  | 6,111 |
Total CCBX | $ | 58,154 |  |  | $ | 48,299 |  |  | $ | 106,453 |  |  | $ | 1,415,286 |  |  | $ | 1,521,739 |  |  | $ | 45,264 |
Total Consolidated | $ | 58,427 |  |  | $ | 49,175 |  |  | $ | 107,602 |  |  | $ | 3,318,441 |  |  | 3,426,043 |  |  | $ | 45,264 |
Less net deferred origination fees and premiums |  |  |  |  |  |  |  |  | (7,211) |  |  |
Loans receivable |  |  |  |  |  |  |  |  | $ | 3,418,832 |  |  |
| 30-89 Days Past Due |  | 90 Days or More Past Due |  | Total Past Due |  | Current |  | Total Loans |  | 90 Days or More Past Due and Still Accruing
| (dollars in thousands; unaudited)
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
Community Bank |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 149,502 |  |  | $ | 149,502 |  |  | $ | — |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |
Construction, land and land development | — |  |  | — |  |  | — |  |  | 157,100 |  |  | 157,100 |  |  | — |
Residential real estate | 44 |  |  | — |  |  | 44 |  |  | 225,347 |  |  | 225,391 |  |  | — |
Commercial real estate | — |  |  | 7,145 |  |  | 7,145 |  |  | 1,296,388 |  |  | 1,303,533 |  |  | — |
Consumer and other loans | 2 |  |  | — |  |  | 2 |  |  | 1,626 |  |  | 1,628 |  |  | — |
Total community bank | $ | 46 |  |  | $ | 7,145 |  |  | $ | 7,191 |  |  | $ | 1,829,963 |  |  | $ | 1,837,154 |  |  | $ | — |
CCBX |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans: |  |  |  |  |  |  |  |  |  |
Capital call lines | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 87,494 |  |  | $ | 87,494 |  |  | $ | — |
All other commercial & industrial loans | 3,433 |  |  | 2,086 |  |  | 5,519 |  |  | 48,779 |  |  | 54,298 |  |  | 2,086 |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |
Residential real estate loans | 3,198 |  |  | 1,115 |  |  | 4,313 |  |  | $ | 233,722 |  |  | $ | 238,035 |  |  | $ | 1,115 |
Consumer and other loans: |  |  |  |  |  |  |  |  |  |  |
Credit cards | 28,383 |  |  | 34,835 |  |  | 63,218 |  |  | $ | 442,619 |  |  | $ | 505,837 |  |  | $ | 34,835 |
Other consumer and other loans | 29,645 |  |  | 8,488 |  |  | 38,133 |  |  | $ | 272,441 |  |  | $ | 310,574 |  |  | $ | 8,488 |
Total CCBX | 64,659 |  |  | 46,524 |  |  | 111,183 |  |  | 1,085,055 |  |  | 1,196,238 |  |  | 46,524 |
Total Consolidated | 64,705 |  |  | 53,669 |  |  | 118,374 |  |  | 2,915,018 |  |  | 3,033,392 |  |  | 46,524 |
Less net deferred origination fees and premiums |  |  |  |  |  |  |  |  | (7,300) |  |  |
Loans receivable |  |  |  |  |  |  |  |  | $ | 3,026,092 |  |  |
Analysis of Nonaccrual Loans by Category | An analysis of nonaccrual loans by category consisted of the following at the periods indicated:
| September 30, |  | December 31,
| 2024 |  | 2023
| Total Nonaccrual | Nonaccrual with No ACL | Nonaccrual with ACL |  | Total Nonaccrual | Nonaccrual with No ACL
| (dollars in thousands; unaudited) |
Community Bank |
Commercial and industrial loans | $ | 198 |  | $ | — |  | $ | 198 |  |  | $ | — |  | $ | — |
Real estate loans: |  |  |  |  |  |
Residential real estate | 44 |  | 44 |  | — |  |  | 170 |  | 170 |
Commercial real estate | 831 |  | 831 |  | — |  |  | 7,145 |  | 7,145 |
Total Community Bank nonaccrual loans | $ | 1,073 |  | $ | 875 |  | $ | 198 |  |  | $ | 7,315 |  | $ | 7,315 |
CCBX |  |
Commercial and industrial loans | $ | 333 |  | $ | — |  | $ | 333 |  |  | $ | — |  | $ | — |
Consumer and other loans: |  |  |  |  |  |
Credit cards | 7,987 |  | — |  | 7,987 |  |  | — |  | — |
Consumer and other consumer loans | 11,713 |  | — |  | 11,713 |  |  | — |  | — |
Total CCBX nonaccrual loans | $ | 20,033 |  | $ | — |  | $ | 20,033 |  |  | $ | — |  | $ | — |
Total Consolidated nonaccrual loans | $ | 21,106 |  | $ | 875 |  | $ | 20,231 |  |  | $ | 7,315 |  | $ | 7,315 |
Financing Receivable, Modified | The following table presents the CCBX loans at September 30, 2024 that were both experiencing financial difficulty and were modified during the twelve months prior to September 30, 2024 by class and by type of modification. The percentage of the loans that were modified to borrowers in financial distress as compared to the total CCBX loans of each class is also presented below.
| Principal Forgiveness |  |  |  | Term Extension |  | Interest Rate Reduction |  | Principal Forgiveness & Payment Delay |  |  |  |  |  | Principal Forgiveness, Payment Delay & Term Extension |  | Total |  | Total Class of Financing Receivable
| (dollars in thousands; unaudited)
CCBX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
All other commercial & industrial loans | $ | — |  |  |  |  | $ | 1,830 |  |  | $ | — |  |  | $ | 333 |  |  |  |  |  |  | $ | — |  |  | $ | 2,163 |  |  | 5.93 | %
Consumer and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards | 7,991 |  |  |  |  | — |  |  | 12,119 |  |  | — |  |  |  |  |  |  | — |  |  | 20,110 |  |  | 3.17 |
Other consumer and other loans | — |  |  |  |  | 6,993 |  |  | — |  |  | 8,559 |  |  |  |  |  |  | 341 |  |  | 15,893 |  |  | 3.30 |
Total | $ | 7,991 |  |  |  |  | $ | 8,823 |  |  | $ | 12,119 |  |  | $ | 8,892 |  |  |  |  |  |  | $ | 341 |  |  | $ | 38,166 |  |  | 1.12 | %
The following table presents the performance of such loans that have been modified in the last 12 months:
| 30-89 Days Past Due |  | 90 Days or More Past Due |  | Total Past Due
| (dollars in thousands; unaudited)
CCBX |  |  |  |  |
Commercial and industrial loans: |  |  |  |  |
All other commercial & industrial loans | $ | 452 |  |  | $ | 147 |  |  | $ | 599 |
Consumer and other loans: |  |  |  |  |
Credit cards | 4,684 |  |  | 6,090 |  |  | 10,774 |
Other consumer and other loans | 1,862 |  |  | 913 |  |  | 2,775 |
Total CCBX | $ | 6,998 |  |  | $ | 7,150 |  |  | $ | 14,148 |
The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the preceding 12 months ended September 30, 2024:
| Principal Forgiveness |  | Weighted Average Interest Rate Reduction |  | Weighted Average Term Extension (years)
| (dollars in thousands; unaudited)
CCBX |  |  |  |  |
Commercial and industrial loans: |  |  |  |  |
All other commercial & industrial loans | $ | 159 |  |  | — | % |  | 0.98
Consumer and other loans: |  |  |  |  |
Credit cards | 4,447 |  |  | 14.2 |  |  | n/a
Other consumer and other loans | 4,594 |  |  | — |  |  | 1.16
Total CCBX | $ | 9,200 |  |  | 14.2 | % |  | 1.13
The following table presents the total of loans that had a payment default during the preceding 12 months ended September 30, 2024 and which were modified for borrowers experiencing financial difficulty in the twelve months prior to that default.
| Principal Forgiveness |  |  |  | Term Extension |  | Interest Rate Reduction |  | Principal Forgiveness & Payment Delay |  |  |  |  |  | Principal Forgiveness, Payment Delay & Term Extension |  | Total
| (dollars in thousands; unaudited)
CCBX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
All other commercial & industrial loans | — |  |  |  |  | $ | 1,159 |  |  | $ | — |  |  | $ | 198 |  |  |  |  |  |  | $ | — |  |  | $ | 1,357 |
Consumer and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards | 4,839 |  |  |  |  | — |  |  | 9,095 |  |  | — |  |  |  |  |  |  | — |  |  | 13,934 |
Other consumer and other loans | — |  |  |  |  | 4,619 |  |  | — |  |  | 4,104 |  |  |  |  |  |  | 102 |  |  | 8,825 |
Total | $ | 4,839 |  |  |  |  | $ | 5,778 |  |  | $ | 9,095 |  |  | $ | 4,302 |  |  |  |  |  |  | $ | 102 |  |  | $ | 24,116 |
Summary of Loans by Credit Quality Risk Rating | he following tables show the risk category of community bank loans by year of origination for the periods indicated, based on the most recent analysis performed as of each period end:
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |
Community Bank | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted To Term |  | Total
| (dollars in thousands; unaudited)
As of September 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 7,450 |  | $ | 12,757 |  | $ | 44,470 |  | $ | 13,751 |  | $ | 8,652 |  | $ | 8,202 |  | $ | 52,199 |  |  | $ | 1,172 |  |  | $ | 148,653 |
Other Loan Especially Mentioned | — |  | — |  | — |  | — |  | — |  | — |  | 3,310 |  |  | — |  |  | 3,310 |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | 198 |  |  | — |  |  | 198 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total commercial and industrial loans - All other commercial and industrial loans | $ | 7,450 |  | $ | 12,757 |  | $ | 44,470 |  | $ | 13,751 |  | $ | 8,652 |  | $ | 8,202 |  | $ | 55,707 |  |  | $ | 1,172 |  |  | $ | 152,161 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 167 |  | $ | — |  |  | $ | — |  |  | $ | 167 |
Real estate loans - Construction, land and land development loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 23,117 |  | $ | 89,408 |  | $ | 34,624 |  | $ | 11,612 |  | $ | 761 |  | $ | 2,198 |  | $ | 904 |  |  | $ | — |  |  | $ | 162,624 |
Other Loan Especially Mentioned | — |  | — |  | — |  | 427 |  | — |  | — |  | — |  |  | — |  |  | 427 |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total real estate loans - Construction, land and land development loans | $ | 23,117 |  | $ | 89,408 |  | $ | 34,624 |  | $ | 12,039 |  | $ | 761 |  | $ | 2,198 |  | $ | 904 |  |  | $ | — |  |  | $ | 163,051 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  |  | $ | — |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |
Community Bank | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted To Term |  | Total
| (dollars in thousands; unaudited)
As of September 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Real estate loans - Residential real estate loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 12,465 |  | $ | 31,201 |  | $ | 38,282 |  | $ | 38,310 |  | $ | 28,733 |  | $ | 33,412 |  | $ | 26,524 |  |  | $ | 16 |  |  | $ | 208,943 |
Other Loan Especially Mentioned | — |  | — |  | 1,087 |  | — |  | 11 |  | — |  | 100 |  |  | — |  |  | 1,198 |
Substandard | 2,281 |  | — |  | — |  | — |  | — |  | — |  | 45 |  |  | — |  |  | 2,326 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total real estate loans - Residential real estate loans | $ | 14,746 |  | $ | 31,201 |  | $ | 39,369 |  | $ | 38,310 |  | $ | 28,744 |  | $ | 33,412 |  | $ | 26,669 |  |  | $ | 16 |  |  | $ | 212,467 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  |  | $ | — |
Real estate loans - Commercial real estate loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 84,096 |  | $ | 275,685 |  | $ | 286,086 |  | $ | 224,753 |  | $ | 132,924 |  | $ | 321,016 |  | $ | 8,548 |  |  | $ | 1,672 |  |  | $ | 1,334,780 |
Other Loan Especially Mentioned | 14,449 |  | — |  | 3,205 |  | 5,409 |  | 160 |  | 3,618 |  | — |  |  | — |  |  | 26,841 |
Substandard | — |  | — |  | — |  | — |  | 831 |  | — |  | — |  |  | — |  |  | 831 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total real estate loans - Commercial real estate loans | $ | 98,545 |  | $ | 275,685 |  | $ | 289,291 |  | $ | 230,162 |  | $ | 133,915 |  | $ | 324,634 |  | $ | 8,548 |  |  | $ | 1,672 |  |  | $ | 1,362,452 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 223 |  | $ | — |  |  | $ | — |  |  | $ | 223 |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |
Community Bank | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted To Term |  | Total
| (dollars in thousands; unaudited)
As of September 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Consumer and other loans - Other consumer and other loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 252 |  | $ | 57 |  | $ | 9,076 |  | $ | 3 |  | $ | 657 |  | $ | 3,930 |  | $ | 198 |  |  | $ | — |  |  | $ | 14,173 |
Other Loan Especially Mentioned | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total consumer and other loans - Other consumer and other loans | $ | 252 |  | $ | 57 |  | $ | 9,076 |  | $ | 3 |  | $ | 657 |  | $ | 3,930 |  | $ | 198 |  |  | $ | — |  |  | $ | 14,173 |
Current period gross charge-offs | $ | 25 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  |  | $ | 25 |
Total community bank loans receivable |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 127,380 |  | $ | 409,108 |  | $ | 412,538 |  | $ | 288,429 |  | $ | 171,727 |  | $ | 368,758 |  | $ | 88,373 |  |  | $ | 2,860 |  |  | $ | 1,869,173 |
Other Loan Especially Mentioned | 14,449 |  | — |  | 4,292 |  | 5,836 |  | 171 |  | 3,618 |  | 3,410 |  |  | — |  |  | 31,776 |
Substandard | 2,281 |  | — |  | — |  | — |  | 831 |  | — |  | 243 |  |  | — |  |  | 3,355 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total community bank loans | $ | 144,110 |  | $ | 409,108 |  | $ | 416,830 |  | $ | 294,265 |  | $ | 172,729 |  | $ | 372,376 |  | $ | 92,026 |  |  | $ | 2,860 |  |  | $ | 1,904,304 |
Current period gross charge-offs | $ | 25 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 390 |  | $ | — |  |  | $ | — |  |  | $ | 415 |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |
Community Bank | 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted To Term |  | Total
| (dollars in thousands; unaudited)
As of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 15,882 |  | $ | 56,428 |  | $ | 15,566 |  | $ | 10,044 |  | $ | 12,429 |  | $ | 1,442 |  | $ | 33,412 |  |  | $ | 1,020 |  |  | $ | 146,223 |
Other Loan Especially Mentioned | — |  | — |  | — |  | 111 |  | — |  | — |  | 3,168 |  |  | — |  |  | 3,279 |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total commercial and industrial loans - All other commercial and industrial loans | $ | 15,882 |  | $ | 56,428 |  | $ | 15,566 |  | $ | 10,155 |  | $ | 12,429 |  | $ | 1,442 |  | $ | 36,580 |  |  | $ | 1,020 |  |  | $ | 149,502 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 46 |  | $ | — |  |  | $ | — |  |  | $ | 46 |
Real estate loans - Construction, land and land development loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 75,129 |  | $ | 49,275 |  | $ | 20,811 |  | $ | 2,859 |  | $ | 914 |  | $ | 1,598 |  | $ | — |  |  | $ | — |  |  | $ | 150,586 |
Other Loan Especially Mentioned | — |  | — |  | 3,589 |  | 2,325 |  | — |  | — |  | — |  |  | — |  |  | 5,914 |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | 600 |  |  | — |  |  | 600 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total real estate loans - Construction, land and land development loans | $ | 75,129 |  | $ | 49,275 |  | $ | 24,400 |  | $ | 5,184 |  | $ | 914 |  | $ | 1,598 |  | $ | 600 |  |  | $ | — |  |  | $ | 157,100 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  |  | $ | — |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |
Community Bank | 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted To Term |  | Total
| (dollars in thousands; unaudited)
As of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
Real estate loans - Residential real estate loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 32,352 |  | $ | 41,362 |  | $ | 39,137 |  | $ | 30,259 |  | $ | 31,982 |  | $ | 22,429 |  | $ | 24,396 |  |  | $ | 18 |  |  | $ | 221,935 |
Other Loan Especially Mentioned | — |  | 1,098 |  | 2,020 |  | 28 |  | — |  | 40 |  | 100 |  |  | — |  |  | 3,286 |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | 170 |  |  | 170 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total real estate loans - Residential real estate loans | $ | 32,352 |  | $ | 42,460 |  | $ | 41,157 |  | $ | 30,287 |  | $ | 31,982 |  | $ | 22,469 |  | $ | 24,496 |  |  | $ | 188 |  |  | $ | 225,391 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  |  | $ | — |
Real estate loans - Commercial real estate loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 244,169 |  | $ | 303,329 |  | $ | 222,287 |  | $ | 144,602 |  | $ | 126,437 |  | $ | 233,482 |  | $ | 7,509 |  |  | $ | 1,719 |  |  | $ | 1,283,534 |
Other Loan Especially Mentioned | — |  | 3,257 |  | 5,891 |  | 171 |  | 506 |  | 2,099 |  | 100 |  |  | — |  |  | 12,024 |
Substandard | — |  | — |  | — |  | 924 |  | 6,900 |  | — |  | 151 |  |  | — |  |  | 7,975 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total real estate loans - Commercial real estate loans | $ | 244,169 |  | $ | 306,586 |  | $ | 228,178 |  | $ | 145,697 |  | $ | 133,843 |  | $ | 235,581 |  | $ | 7,760 |  |  | $ | 1,719 |  |  | $ | 1,303,533 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  |  | $ | — |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |
Community Bank | 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted To Term |  | Total
| (dollars in thousands; unaudited)
As of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
Consumer and other loans - Other consumer and other loans |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 323 |  | $ | 272 |  | $ | 5 |  | $ | 679 |  | $ | 38 |  | $ | 164 |  | $ | 147 |  |  | $ | — |  |  | $ | 1,628 |
Other Loan Especially Mentioned | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total consumer and other loans - Other consumer and other loans | $ | 323 |  | $ | 272 |  | $ | 5 |  | $ | 679 |  | $ | 38 |  | $ | 164 |  | $ | 147 |  |  | $ | — |  |  | $ | 1,628 |
Current period gross charge-offs | $ | 18 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |  | $ | — |  |  | $ | 18 |
Total community bank loans receivable |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 367,855 |  | $ | 450,666 |  | $ | 297,806 |  | $ | 188,443 |  | $ | 171,800 |  | $ | 259,115 |  | $ | 65,464 |  |  | $ | 2,757 |  |  | $ | 1,803,906 |
Other Loan Especially Mentioned | — |  | 4,355 |  | 11,500 |  | 2,635 |  | 506 |  | 2,139 |  | 3,368 |  |  | — |  |  | 24,503 |
Substandard | — |  | — |  | — |  | 924 |  | 6,900 |  | — |  | 751 |  |  | 170 |  |  | 8,745 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |  |  | — |
Total community bank loans | $ | 367,855 |  | $ | 455,021 |  | $ | 309,306 |  | $ | 192,002 |  | $ | 179,206 |  | $ | 261,254 |  | $ | 69,583 |  |  | $ | 2,927 |  |  | $ | 1,837,154 |
Current period gross charge-offs | $ | 18 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 46 |  | $ | — |  |  | $ | — |  |  | $ | 64 |
The following tables present the loans in CCBX based on payment activity for the periods indicated:
| Term Loans Amortized Cost Basis by Origination Year |  |  |
CCBX | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans Amortized Cost Basis | Revolving Loans Converted To Term | Total
| (dollars in thousands; unaudited)
As of September 30, 2024 |  |  |  |  |  |  |  |  |
Commercial and industrial loans - Capital call lines |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 103,924 |  | $ | — |  | $ | 103,924 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total commercial and industrial loans - Capital call lines | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 103,924 |  | $ | — |  | $ | 103,924 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |
Commercial and industrial loans - All other commercial and industrial loans |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | 26,555 |  | $ | 4,288 |  | $ | 5 |  | $ | 9 |  | $ | — |  | $ | 4,044 |  | $ | — |  | $ | 34,901 |
Nonperforming | — |  | 885 |  | 186 |  | — |  | — |  | — |  | 522 |  | — |  | 1,593 |
Total commercial and industrial loans - All other commercial and industrial loans | $ | — |  | $ | 27,440 |  | $ | 4,474 |  | $ | 5 |  | $ | 9 |  | $ | — |  | $ | 4,566 |  | $ | — |  | $ | 36,494 |
Current period gross charge-offs | $ | 285 |  | $ | 9,446 |  | $ | 1,632 |  | $ | 2 |  | $ | — |  | $ | — |  | $ | 887 |  | $ | — |  | $ | 12,252 |
Real estate loans - Residential real estate loans |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 251,269 |  | $ | 11,108 |  | $ | 262,377 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | 3,025 |  | — |  | 3,025 |
Total real estate loans - Residential real estate loans | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 254,294 |  | $ | 11,108 |  | $ | 265,402 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 3,297 |  | $ | — |  | $ | 3,297 |
| Term Loans Amortized Cost Basis by Origination Year |  |  |
CCBX | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans Amortized Cost Basis | Revolving Loans Converted To Term | Total
| (dollars in thousands; unaudited)
As of September 30, 2024 |  |  |  |  |  |  |  |  |
Consumer and other loans - Credit cards |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 591,089 |  | $ | 53 |  | $ | 591,142 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | 42,549 |  | — |  | 42,549 |
Total consumer and other loans - Credit cards | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 633,638 |  | $ | 53 |  | $ | 633,691 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 97,818 |  | $ | — |  | $ | 97,818 |
Consumer and other loans - Other consumer and other loans |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | 294,373 |  | $ | 129,771 |  | $ | 27,508 |  | $ | 3,282 |  | $ | 51 |  | $ | 261 |  | $ | 20,570 |  | $ | — |  | $ | 475,816 |
Nonperforming | 1,342 |  | 3,049 |  | 1,508 |  | 256 |  | — |  | 47 |  | 210 |  | — |  | 6,412 |
Total consumer and other loans - Other consumer and other loans | $ | 295,715 |  | $ | 132,820 |  | $ | 29,016 |  | $ | 3,538 |  | $ | 51 |  | $ | 308 |  | $ | 20,780 |  | $ | — |  | $ | 482,228 |
Current period gross charge-offs | $ | 5,263 |  | $ | 27,138 |  | $ | 12,353 |  | $ | 3,094 |  | $ | 24 |  | $ | 254 |  | $ | 5,598 |  | $ | — |  | $ | 53,724 |
Total CCBX loans receivable |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | 294,373 |  | $ | 156,326 |  | $ | 31,796 |  | $ | 3,287 |  | $ | 60 |  | $ | 261 |  | $ | 970,896 |  | $ | 11,161 |  | $ | 1,468,160 |
Nonperforming | 1,342 |  | 3,934 |  | 1,694 |  | 256 |  | — |  | 47 |  | 46,306 |  | — |  | 53,579 |
Total CCBX loans | $ | 295,715 |  | $ | 160,260 |  | $ | 33,490 |  | $ | 3,543 |  | $ | 60 |  | $ | 308 |  | $ | 1,017,202 |  | $ | 11,161 |  | $ | 1,521,739 |
Current period gross charge-offs | $ | 5,548 |  | $ | 36,584 |  | $ | 13,985 |  | $ | 3,096 |  | $ | 24 |  | $ | 254 |  | $ | 107,600 |  | $ | — |  | $ | 167,091 |
| Term Loans Amortized Cost Basis by Origination Year |  |  |
CCBX | 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Revolving Loans Amortized Cost Basis | Revolving Loans Converted To Term | Total
| (dollars in thousands; unaudited)
As of December 31, 2023 |  |  |  |  |  |  |  |  |
Commercial and industrial loans - Capital call lines |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 87,494 |  | $ | — |  | $ | 87,494 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total commercial and industrial loans - Capital call lines | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 87,494 |  | $ | — |  | $ | 87,494 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |
Commercial and industrial loans - All other commercial and industrial loans |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | 42,267 |  | $ | 6,835 |  | $ | 9 |  | $ | 11 |  | $ | — |  | $ | — |  | $ | 3,090 |  | $ | — |  | $ | 52,212 |
Nonperforming | 1,333 |  | 277 |  | — |  | — |  | — |  | — |  | 476 |  | — |  | 2,086 |
Total commercial and industrial loans - All other commercial and industrial loans | $ | 43,600 |  | $ | 7,112 |  | $ | 9 |  | $ | 11 |  | $ | — |  | $ | — |  | $ | 3,566 |  | $ | — |  | $ | 54,298 |
Current period gross charge-offs | $ | 3,848 |  | $ | 2,502 |  | $ | 15 |  | $ | 16 |  | $ | — |  | $ | — |  | $ | 224 |  | $ | — |  | $ | 6,605 |
Real estate loans - Residential real estate loans |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 212,435 |  | $ | 24,485 |  | $ | 236,920 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | 1,115 |  | — |  | 1,115 |
Total real estate loans - Residential real estate loans | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 213,550 |  | $ | 24,485 |  | $ | 238,035 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 4,641 |  | $ | — |  | $ | 4,641 |
| Term Loans Amortized Cost Basis by Origination Year |  |  |
CCBX | 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Revolving Loans Amortized Cost Basis | Revolving Loans Converted To Term | Total
| (dollars in thousands; unaudited)
As of December 31, 2023 |  |  |  |  |  |  |  |  |
Consumer and other loans - Credit cards |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 469,049 |  | $ | 1,953 |  | $ | 471,002 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | 33,655 |  | 1,180 |  | 34,835 |
Total consumer and other loans - Credit cards | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 502,704 |  | $ | 3,133 |  | $ | 505,837 |
Current period gross charge-offs | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 61,358 |  | $ | — |  | $ | 61,358 |
Consumer and other loans - Other consumer and other loans |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | 216,024 |  | $ | 50,732 |  | $ | 6,888 |  | $ | 98 |  | $ | 418 |  | $ | 317 |  | $ | 27,609 |  | $ | — |  | $ | 302,086 |
Nonperforming | 4,229 |  | 3,074 |  | 477 |  | — |  | 7 |  | 10 |  | 691 |  | — |  | 8,488 |
Total consumer and other loans - Other consumer and other loans | $ | 220,253 |  | $ | 53,806 |  | $ | 7,365 |  | $ | 98 |  | $ | 425 |  | $ | 327 |  | $ | 28,300 |  | $ | — |  | $ | 310,574 |
Current period gross charge-offs | $ | 17,815 |  | $ | 43,115 |  | $ | 11,574 |  | $ | 84 |  | $ | 346 |  | $ | 217 |  | $ | 6,178 |  | $ | — |  | $ | 79,329 |
Total CCBX loans receivable |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |
Performing | $ | 258,291 |  | $ | 57,567 |  | $ | 6,897 |  | $ | 109 |  | $ | 418 |  | $ | 317 |  | $ | 799,677 |  | $ | 26,438 |  | $ | 1,149,714 |
Nonperforming | 5,562 |  | 3,351 |  | 477 |  | — |  | 7 |  | 10 |  | 35,937 |  | 1,180 |  | 46,524 |
Total CCBX loans | $ | 263,853 |  | $ | 60,918 |  | $ | 7,374 |  | $ | 109 |  | $ | 425 |  | $ | 327 |  | $ | 835,614 |  | $ | 27,618 |  | $ | 1,196,238 |
Current period gross charge-offs | $ | 21,663 |  | $ | 45,617 |  | $ | 11,589 |  | $ | 100 |  | $ | 346 |  | $ | 217 |  | $ | 72,401 |  | $ | — |  | $ | 151,933 |
Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan | The following tables summarize the allocation of the ACL, as well as the activity in the ACL attributed to various segments in the loan portfolio, as of and for the three and nine months ended September 30, 2024 and for the three and nine months ended September 30, 2023:
| Commercial and Industrial |  | Construction, Land, and Land Development |  | Residential Real Estate |  | Commercial Real Estate |  | Consumer and Other |  | Unallocated |  | Total
| (dollars in thousands; unaudited)
Three Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
ACL balance, June 30, 2024 | $ | 12,103 |  |  | $ | 6,110 |  |  | $ | 15,532 |  |  | $ | 7,319 |  |  | $ | 106,850 |  |  | $ | — |  |  | $ | 147,914 |
Provision for credit losses or (recapture) | 1,804 |  |  | (2,558) |  |  | (1,580) |  |  | 1,994 |  |  | 71,925 |  |  | — |  |  | 71,585 |
| 13,907 |  |  | 3,552 |  |  | 13,952 |  |  | 9,313 |  |  | 178,775 |  |  | — |  |  | 219,499 |
Loans charged-off | (3,852) |  |  | — |  |  | (1,290) |  |  | (223) |  |  | (47,940) |  |  | — |  |  | (53,305) |
Recoveries of loans previously charged-off | 390 |  |  | — |  |  | 3 |  |  | — |  |  | 3,676 |  |  | — |  |  | 4,069 |
Net charge-offs | (3,462) |  |  | — |  |  | (1,287) |  |  | (223) |  |  | (44,264) |  |  | — |  |  | (49,236) |
ACL balance, September 30, 2024 | $ | 10,445 |  |  | $ | 3,552 |  |  | $ | 12,665 |  |  | $ | 9,090 |  |  | $ | 134,511 |  |  | $ | — |  |  | $ | 170,263 |
Nine Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
ALLL balance, December 31, 2023 | $ | 8,877 |  |  | $ | 6,386 |  |  | $ | 13,049 |  |  | $ | 7,441 |  |  | $ | 81,205 |  |  | $ | — |  |  | $ | 116,958 |
Provision for credit losses or (recapture) | 13,183 |  |  | (2,834) |  |  | 2,906 |  |  | 1,872 |  |  | 197,866 |  |  | — |  |  | 212,993 |
| 22,060 |  |  | 3,552 |  |  | 15,955 |  |  | 9,313 |  |  | 279,071 |  |  | — |  |  | 329,951 |
Loans charged-off | (12,419) |  |  | — |  |  | (3,297) |  |  | (223) |  |  | (151,567) |  |  | — |  |  | (167,506) |
Recoveries of loans previously charged-off | 804 |  |  | — |  |  | 7 |  |  | — |  |  | 7,007 |  |  | — |  |  | 7,818 |
Net charge-offs | (11,615) |  |  | — |  |  | (3,290) |  |  | (223) |  |  | (144,560) |  |  | — |  |  | (159,688) |
ACL balance, September 30, 2024 | $ | 10,445 |  |  | $ | 3,552 |  |  | $ | 12,665 |  |  | $ | 9,090 |  |  | $ | 134,511 |  |  | $ | — |  |  | $ | 170,263 |
Three Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |
ACL balance, June 30, 2023 | $ | 9,551 |  |  | $ | 6,539 |  |  | $ | 8,849 |  |  | $ | 6,952 |  |  | $ | 78,871 |  |  | $ | — |  |  | $ | 110,762 |
Provision for credit losses or (recapture) | 2,771 |  |  | 132 |  |  | 3,517 |  |  | 456 |  |  | 20,281 |  |  | — |  |  | 27,157 |
| 12,322 |  |  | 6,671 |  |  | 12,366 |  |  | 7,408 |  |  | 99,152 |  |  | — |  |  | 137,919 |
Loans charged-off | (2,328) |  |  | — |  |  | (1,476) |  |  | — |  |  | (34,075) |  |  | — |  |  | (37,879) |
Recoveries of loans previously charged-off | 1 |  |  | — |  |  | 2 |  |  | — |  |  | 1,042 |  |  | — |  |  | 1,045 |
Net (charge-offs) recoveries | (2,327) |  |  | — |  |  | (1,474) |  |  | — |  |  | (33,033) |  |  | — |  |  | (36,834) |
ACL Balance, September 30, 2023 | $ | 9,995 |  |  | $ | 6,671 |  |  | $ | 10,892 |  |  | $ | 7,408 |  |  | $ | 66,119 |  |  | $ | — |  |  | $ | 101,085 |
Nine Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |
ACL Balance, December 31, 2022 | $ | 4,831 |  |  | $ | 7,425 |  |  | $ | 4,142 |  |  | $ | 5,470 |  |  | $ | 50,996 |  |  | $ | 1,165 |  |  | $ | 74,029 |
Impact of adopting CECL (ASC 326) | 1,428 |  |  | (1,589) |  |  | 1,623 |  |  | 1,240 |  |  | 2,315 |  |  | (1,165) |  |  | 3,852 |
Provision for credit losses or (recapture) | 7,247 |  |  | 835 |  |  | 8,283 |  |  | 698 |  |  | 106,236 |  |  | — |  |  | 123,299 |
| 13,506 |  |  | 6,671 |  |  | 14,048 |  |  | 7,408 |  |  | 159,547 |  |  | — |  |  | 201,180 |
Loans charged-off | (3,515) |  |  | — |  |  | (3,158) |  |  | — |  |  | (97,672) |  |  | — |  |  | (104,345) |
Recoveries of loans previously charged-off | 4 |  |  | — |  |  | 2 |  |  | — |  |  | 4,244 |  |  | — |  |  | 4,250 |
Net charge-offs | (3,511) |  |  | — |  |  | (3,156) |  |  | — |  |  | (93,428) |  |  | — |  |  | (100,095) |
ALLL Balance, September 30, 2023 | $ | 9,995 |  |  | $ | 6,671 |  |  | $ | 10,892 |  |  | $ | 7,408 |  |  | $ | 66,119 |  |  | $ | — |  |  | $ | 101,085 |
There was a recapture of unfunded commitments of $1.3 million and a provision of $2.7 million respectively, for the three and nine months ended September 30, 2024. There was a provision for unfunded commitments of $96,000 and a recapture $96,000 respectively, for the three and nine months ended September 30, 2023. The following table presents the collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of the dates indicated:
| Real Estate |  | Business Assets |  | Total |  | ACL
| (dollars in thousands; unaudited)
September 30, 2024 |  |  |  |  |  |  |
Commercial and industrial loans | $ | — |  |  | $ | 198 |  |  | $ | 198 |  |  | $ | 140 |
Real estate loans: |  |  |  |  |  |  |
Residential real estate | $ | 44 |  |  | $ | — |  |  | $ | 44 |  |  | $ | — |
Commercial real estate | 831 |  |  | — |  |  | 831 |  |  | — |
Total | $ | 875 |  |  | $ | 198 |  |  | $ | 1,073 |  |  | $ | 140 |
| Real Estate |  |  |  | Total |  | ACL
| (dollars in thousands; unaudited)
December 31, 2023 |  |  |  |  |  |  |
Real estate loans: |  |  |  |  |  |  |
Residential real estate | $ | 170 |  |  |  |  | $ | 170 |  |  | $ | — |
Commercial real estate | 7,145 |  |  |  |  | 7,145 |  |  | — |
Total | $ | 7,315 |  |  |  |  | $ | 7,315 |  |  | $ | — |

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-29 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-5 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-14 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479294/326-20-55-80 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-34 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 33 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-33 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration