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Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2024

Allowance for Credit Loss [Abstract]

Schedule of Changes in Allowance For Credit Losses on Loans Receivable and Unfunded Commitments

The following tables detail the activity in the ACL on loans by segment and class for the periods indicated:

			Three Months Ended June 30, 2024
			Beginning Balance						Charge-offs						Recoveries						(Reversal of) Provision for Credit Losses						Ending Balance
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	11,647					$	(312)					$	159					$	(360)					$	11,134
Owner-occupied CRE			9,392						—						359						99						9,850
Non-owner occupied CRE			12,874						—						—						609						13,483
Total commercial business			33,913						(312)						518						348						34,467
Residential real estate			3,478						—						—						257						3,735
Real estate construction and land development:
Residential			917						—						—						(7)						910
Commercial and multifamily			9,158						—						—						750						9,908
Total real estate construction and land development			10,075						—						—						743						10,818
Consumer			2,270						(238)						45						122						2,199
Total			$	49,736					$	(550)					$	563					$	1,470					$	51,219

			Six Months Ended June 30, 2024
			Beginning Balance						Charge-offs						Recoveries						Provision for (Reversal of) Credit Losses						Ending Balance
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	11,128					$	(389)					$	376					$	19					$	11,134
Owner-occupied CRE			8,999						—						359						492						9,850
Non-owner occupied CRE			11,176						—						—						2,307						13,483
Total commercial business			31,303						(389)						735						2,818						34,467
Residential real estate			3,473						—						—						262						3,735
Real estate construction and land development:
Residential			1,643						—						—						(733)						910
Commercial and multifamily			9,233						—						—						675						9,908
Total real estate construction and land development			10,876						—						—						(58)						10,818
Consumer			2,347						(361)						61						152						2,199
Total			$	47,999					$	(750)					$	796					$	3,174					$	51,219

			Three Months Ended June 30, 2023
			Beginning Balance						Charge-offs						Recoveries						Provision for (Reversal of) Credit Losses						Ending Balance
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	13,566					$	—					$	38					$	(316)					$	13,288
Owner-occupied CRE			7,525						—						—						978						8,503
Non-owner occupied CRE			8,846						—						—						636						9,482
Total commercial business			29,937						—						38						1,298						31,273
Residential real estate			2,902						—						—						(37)						2,865

			Three Months Ended June 30, 2023
			Beginning Balance						Charge-offs						Recoveries						Provision for (Reversal of) Credit Losses						Ending Balance
			(Dollars in thousands)
Real estate construction and land development:
Residential			1,542						—						—						129						1,671
Commercial and multifamily			7,443						—						—						571						8,014
Total real estate construction and land development			8,985						—						—						700						9,685
Consumer			2,645						(144)						57						27						2,585
Total			$	44,469					$	(144)					$	95					$	1,988					$	46,408

			Six Months Ended June 30, 2023
			Beginning Balance						Charge-offs						Recoveries						(Reversal of) Provision for Credit Losses						Ending Balance
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	13,962					$	(161)					$	89					$	(602)					$	13,288
Owner-occupied CRE			7,480						—						—						1,023						8,503
Non-owner occupied CRE			9,276						—						—						206						9,482
Total commercial business			30,718						(161)						89						627						31,273
Residential real estate			2,872						—						—						(7)						2,865
Real estate construction and land development:
Residential			1,654						—						—						17						1,671
Commercial and multifamily			5,409						—						—						2,605						8,014
Total real estate construction and land development			7,063						—						—						2,622						9,685
Consumer			2,333						(297)						90						459						2,585
Total			$	42,986					$	(458)					$	179					$	3,701					$	46,408

The following table details the activity in the ACL on unfunded commitments during the periods indicated:

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
			(Dollars in thousands)
Balance, beginning of period			$	976					$	1,856					$	1,288					$	1,744
(Reversal of) provision for credit losses on unfunded commitments			(202)						(79)						(514)						33
Balance, end of period			$	774					$	1,777					$	774					$	1,777

X

- References

No definition available.

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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

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