Allowance for Credit Losses on Loans

12 Months Ended

Dec. 31, 2024

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


	Year Ended December 31, 2024
	Beginning Balance		Charge-offs		Recoveries		Provision for (Reversal of) Credit Losses		Ending Balance
	(Dollars in thousands)
Commercial business:
Commercial and industrial	$	11,128	$	(443)	$	496	$	(1,415)	$	9,766
Owner-occupied CRE	8,999		(2,510)		359		5,971		12,819
Non-owner occupied CRE	11,176		—		—		4,532		15,708
Total commercial business	31,303		(2,953)		855		9,088		38,293
Residential real estate	3,473		—		—		(9)		3,464
Real estate construction and land development:
Residential	1,643		—		—		(864)		779
Commercial and multifamily	9,233		—		—		(1,356)		7,877
Total real estate construction and land development	10,876		—		—		(2,220)		8,656
Consumer	2,347		(538)		122		124		2,055
Total	$	47,999	$	(3,491)	$	977	$	6,983	$	52,468


	Year Ended December 31, 2023
	Beginning Balance		Charge-offs		Recoveries		Provision for (Reversal of) Credit Losses		Ending Balance
	(Dollars in thousands)
Commercial business:
Commercial and industrial	$	13,962	$	(719)	$	1,372	$	(3,487)	$	11,128
Owner-occupied CRE	7,480		—		—		1,519		8,999
Non-owner occupied CRE	9,276		—		—		1,900		11,176
Total commercial business	30,718		(719)		1,372		(68)		31,303
Residential real estate	2,872		—		—		601		3,473
Real estate construction and land development:
Residential	1,654		—		—		(11)		1,643
Commercial and multifamily	5,409		—		—		3,824		9,233
Total real estate construction and land development	7,063		—		—		3,813		10,876
Consumer	2,333		(586)		210		390		2,347
Total	$	42,986	$	(1,305)	$	1,582	$	4,736	$	47,999


	Year Ended December 31, 2022
	Beginning Balance		Charge-offs		Recoveries		(Reversal of) Provision for Credit Losses		Ending Balance
	(Dollars in thousands)
Commercial business:
Commercial and industrial	$	17,777	$	(280)	$	929	$	(4,464)	$	13,962
Owner-occupied CRE	6,411		(36)		—		1,105		7,480
Non-owner occupied CRE	8,861		—		—		415		9,276
Total commercial business	33,049		(316)		929		(2,944)		30,718
Residential real estate	1,409		(30)		3		1,490		2,872
Real estate construction and land development:
Residential	1,304		—		229		121		1,654
Commercial and multifamily	3,972		—		155		1,282		5,409
Total real estate construction and land development	5,276		—		384		1,403		7,063
Consumer	2,627		(547)		765		(512)		2,333
Total	$	42,361	$	(893)	$	2,081	$	(563)	$	42,986

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


	Year Ended December 31,
	2024		2023		2022
	(Dollars in thousands)
Balance, beginning of period	$	1,288	$	1,744	$	2,607
Reversal of credit losses on unfunded commitments	(701)		(456)		(863)
Balance, end of period	$	587	$	1,288	$	1,744