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ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURE (Tables) | 6 Months Ended
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Jun. 30, 2023
ALLOWANCE FOR LOAN AND LEASE LOSSES |
Schedule of activity in the allowance, by class | The following tables present by class, the activity in the ACL for loans under ASC 326 during the three months ended June 30, 2023 and 2022:
(dollars in thousands) |  | Commercial, Financial and Agricultural |  | Real Estate |  |  |  |  |  |  |  |
Three Months Ended June 30, 2023 |  | SBA PPP |  | Other |  | Construction |  | Residential Mortgage |  | Home Equity |  | Commercial Mortgage |  | Consumer |  |  |  |  |  | Total
Beginning balance |  | $ | 1 |  |  | $ | 7,130 |  |  | $ | 3,087 |  |  | $ | 11,813 |  |  | $ | 4,037 |  |  | $ | 17,472 |  |  | $ | 19,559 |  |  |  |  |  |  | $ | 63,099 |
Provision (credit) for credit losses on loans |  | — |  |  | 52 |  |  | 567 |  |  | 413 |  |  | (87) |  |  | (107) |  |  | 3,297 |  |  |  |  |  |  | 4,135 |
Subtotal |  | 1 |  |  | 7,182 |  |  | 3,654 |  |  | 12,226 |  |  | 3,950 |  |  | 17,365 |  |  | 22,856 |  |  |  |  |  |  | 67,234 |
Charge-offs |  | — |  |  | 362 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,873 |  |  |  |  |  |  | 4,235 |
Recoveries |  | — |  |  | 125 |  |  | — |  |  | 7 |  |  | 15 |  |  | — |  |  | 703 |  |  |  |  |  |  | 850 |
Net charge-offs (recoveries) |  | — |  |  | 237 |  |  | — |  |  | (7) |  |  | (15) |  |  | — |  |  | 3,170 |  |  |  |  |  |  | 3,385 |
Ending balance |  | $ | 1 |  |  | $ | 6,945 |  |  | $ | 3,654 |  |  | $ | 12,233 |  |  | $ | 3,965 |  |  | $ | 17,365 |  |  | $ | 19,686 |  |  |  |  |  |  | $ | 63,849 |
(dollars in thousands) |  | Commercial, Financial and Agricultural |  | Real Estate |  |  |  |  |  |  |  |
Three Months Ended June 30, 2022 |  | SBA PPP |  | Other |  | Construction |  | Residential Mortgage |  | Home Equity |  | Commercial Mortgage |  | Consumer |  |  |  |  |  | Total
Beginning balance |  | $ | 36 |  |  | $ | 9,562 |  |  | $ | 3,836 |  |  | $ | 11,043 |  |  | $ | 4,641 |  |  | $ | 16,055 |  |  | $ | 19,581 |  |  |  |  |  |  | $ | 64,754 |
Provision (credit) for credit losses on loans |  | (21) |  |  | (1,565) |  |  | (833) |  |  | 1,688 |  |  | (596) |  |  | 1,803 |  |  | 980 |  |  |  |  |  |  | 1,456 |
Subtotal |  | 15 |  |  | 7,997 |  |  | 3,003 |  |  | 12,731 |  |  | 4,045 |  |  | 17,858 |  |  | 20,561 |  |  |  |  |  |  | 66,210 |
Charge-offs |  | — |  |  | 487 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,390 |  |  |  |  |  |  | 1,877 |
Recoveries |  | — |  |  | 215 |  |  | 62 |  |  | 36 |  |  | — |  |  | — |  |  | 565 |  |  |  |  |  |  | 878 |
Net charge-offs (recoveries) |  | — |  |  | 272 |  |  | (62) |  |  | (36) |  |  | — |  |  | — |  |  | 825 |  |  |  |  |  |  | 999 |
Ending balance |  | $ | 15 |  |  | $ | 7,725 |  |  | $ | 3,065 |  |  | $ | 12,767 |  |  | $ | 4,045 |  |  | $ | 17,858 |  |  | $ | 19,736 |  |  |  |  |  |  | $ | 65,211 |
The following tables present by class, the activity in the ACL for loans under ASC 326 during the six months ended June 30, 2023 and 2022:
(dollars in thousands) |  | Commercial, Financial and Agricultural |  | Real Estate |  |  |  |  |  |  |  |
Six Months Ended June 30, 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) |  |  | 889 |  |  | 787 |  |  | 369 |  |  | (164) |  |  | (537) |  |  | 4,407 |  |  |  |  |  |  | 5,750 |
Subtotal |  | 1 |  |  | 7,711 |  |  | 3,654 |  |  | 12,173 |  |  | 3,950 |  |  | 17,365 |  |  | 24,634 |  |  |  |  |  |  | 69,488 |
Charge-offs |  | — |  |  | 1,141 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6,559 |  |  |  |  |  |  | 7,700 |
Recoveries |  | — |  |  | 375 |  |  | — |  |  | 60 |  |  | 15 |  |  | — |  |  | 1,611 |  |  |  |  |  |  | 2,061 |
Net charge-offs (recoveries) |  | — |  |  | 766 |  |  | — |  |  | (60) |  |  | (15) |  |  | — |  |  | 4,948 |  |  |  |  |  |  | 5,639 |
Ending balance |  | $ | 1 |  |  | $ | 6,945 |  |  | $ | 3,654 |  |  | $ | 12,233 |  |  | $ | 3,965 |  |  | $ | 17,365 |  |  | $ | 19,686 |  |  |  |  |  |  | $ | 63,849 |
(dollars in thousands) |  | Commercial, Financial and Agricultural |  | Real Estate |  |  |  |  |  |  |  |
Six Months Ended June 30, 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 |  | (62) |  |  | (2,413) |  |  | (905) |  |  | 156 |  |  | (464) |  |  | (553) |  |  | 2,766 |  |  |  |  |  |  | (1,475) |
Subtotal |  | 15 |  |  | 7,901 |  |  | 3,003 |  |  | 12,619 |  |  | 4,045 |  |  | 17,858 |  |  | 21,181 |  |  |  |  |  |  | 66,622 |
Charge-offs |  | — |  |  | 741 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,606 |  |  |  |  |  |  | 3,347 |
Recoveries |  | — |  |  | 565 |  |  | 62 |  |  | 148 |  |  | — |  |  | — |  |  | 1,161 |  |  |  |  |  |  | 1,936 |
Net charge-offs (recoveries) |  | — |  |  | 176 |  |  | (62) |  |  | (148) |  |  | — |  |  | — |  |  | 1,445 |  |  |  |  |  |  | 1,411 |
Ending balance |  | $ | 15 |  |  | $ | 7,725 |  |  | $ | 3,065 |  |  | $ | 12,767 |  |  | $ | 4,045 |  |  | $ | 17,858 |  |  | $ | 19,736 |  |  |  |  |  |  | $ | 65,211 |
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 and six months ended June 30, 2023 and 2022.
| Three Months Ended June 30, |  | Six Months Ended June 30,
(dollars in thousands) | 2023 |  | 2022 |  | 2023 |  | 2022
Beginning balance | $ | 3,480 |  |  | $ | 4,540 |  |  | $ | 3,243 |  |  | $ | 4,804 |
Provision (credit) for off-balance sheet credit exposures | 184 |  |  | (467) |  |  | 421 |  |  | (731) |
Ending balance | $ | 3,664 |  |  | $ | 4,073 |  |  | $ | 3,664 |  |  | $ | 4,073 |

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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. + Details
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- Definition Tabular disclosure of allowance for credit loss of financing receivable, classified as current. + References Reference 1: 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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
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