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Commitments and Contingencies
 3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
The following table presents a summary of the Bank’s commitments and contingent liabilities:
(in thousands)March 31,
2025		December 31,
2024
Financial instruments whose amounts represent risk:
Commitments to extend credit:
Commercial loans$846,628 $788,491 
Consumer loans626,521 627,681 
Real estate mortgage loans428,338 419,172 
Real estate construction loans233,251 272,308 
Standby letters of credit32,512 39,804 
Deposit account overdraft privilege128,101 121,006 

In April 2024, Visa Inc. announced the commencement of an exchange offer for Visa Class B-1 common stock and the Company subsequently tendered all of its Visa Class B-1 common stock in exchange for a combination of Visa Class B-2 common stock and Visa Class C common stock. Completion of the exchange resulted in a gain of $2.9 million relating to the Visa Class C common stock during 2024. Visa Class B-2 common stock continues to be carried at zero. The Bank owns 6,698 shares of Class B-2 common stock of Visa Inc. which may be convertible into Class A common stock at a conversion ratio of 1.5342 per Class B-2 share. As of March 31, 2025, the value of the Class A shares was $350.46 per share. Utilizing the conversion ratio, the value of unredeemed Class A equivalent shares owned by the Bank was $3.6 million as of March 31, 2025, and has not been reflected in the accompanying consolidated financial statements.