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ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURE (Tables)

3 Months Ended

Mar. 31, 2023

ALLOWANCE FOR LOAN AND LEASE LOSSES

Schedule of activity in the allowance, by class

The following table presents by class, the activity in the ACL for loans under ASC 326 during the three months ended March 31, 2023 and March 31, 2022:

(dollars in thousands)						Commercial, Financial and Agricultural												Real Estate
Three Months Ended March 31, 2023						SBA PPP						Other						Construction						Residential Mortgage						Home Equity						Commercial Mortgage												Consumer																		Total
Beginning balance						$	2					$	6,822					$	2,867					$	11,804					$	4,114					$	17,902											$	20,227																	$	63,738
Provision (credit) for credit losses on loans						(1)						837						220						(44)						(77)						(430)												1,110																		1,615
Subtotal						1						7,659						3,087						11,760						4,037						17,472												21,337																		65,353
Charge-offs						—						779						—						—						—						—												2,686																		3,465
Recoveries						—						250						—						53						—						—												908																		1,211
Net charge-offs (recoveries)						—						529						—						(53)						—						—												1,778																		2,254
Ending balance						$	1					$	7,130					$	3,087					$	11,813					$	4,037					$	17,472											$	19,559																	$	63,099
(dollars in thousands)						Commercial, Financial and Agricultural												Real Estate
Three Months Ended March 31, 2022						SBA PPP						Other						Construction						Residential Mortgage						Home Equity						Commercial Mortgage												Consumer																		Total
Beginning balance						$	77					$	10,314					$	3,908					$	12,463					$	4,509					$	18,411											$	18,415																	$	68,097
Provision (credit) for credit losses on loans						(41)						(848)						(72)						(1,532)						132						(2,356)												1,786																		(2,931)
Subtotal						36						9,466						3,836						10,931						4,641						16,055												20,201																		65,166
Charge-offs						—						254						—						—						—						—												1,216																		1,470
Recoveries						—						350						—						112						—						—												596																		1,058
Net charge-offs (recoveries)						—						(96)						—						(112)						—						—												620																		412
Ending balance						$	36					$	9,562					$	3,836					$	11,043					$	4,641					$	16,055											$	19,581																	$	64,754

Schedule of Credit Losses Related to Impaired Financing Receivables

The following table presents the activity in the reserve for off-balance sheet credit exposures, included in other liabilities, during the three months ended March 31, 2023 and March 31, 2022.

			Three Months Ended March 31,
(dollars in thousands)			2023						2022
Beginning balance			$	3,243					$	4,804
Provision (credit) for off-balance sheet credit exposures			237						(264)
Ending balance			$	3,480					$	4,540

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- References

No definition available.

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- Definition

Tabular disclosure of the activity in the allowance for credit losses related to impaired financing receivables, including the balance in the allowance at the beginning and end of each period, additions charged to operations, direct write-downs charged against the allowance, and recoveries of amounts previously charged-off.

+ References

No definition available.

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- Definition

Tabular disclosure of allowance for credit loss of financing receivable, classified as current.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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