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COMMITMENTS AND CONTINGENCIES (Tables) | 9 Months Ended
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Sep. 30, 2024
Commitments and Contingencies [Abstract] |
Schedule of amounts associated with the entities off-balance sheet obligations | September 30, 2024 December 31, 2023 (Dollars in Thousands) Fixed Variable Total Fixed Variable Total Commitments to Extend Credit (1) $ 214,353 $ 499,853 $ 714,206 $ 207,605 $ 534,745 $ 742,350 Standby Letters of Credit 6,126 - 6,126 6,094 - 6,094 Total $ 220,479 $ 499,853 $ 720,332 $ 213,699 $ 534,745 $ 748,444 (1) Commitments include unfunded loans, revolving lines of credit, and off-balance sheet residential loan commitments.
Allowance for credit losses for off-balance sheet credit commitments | Three Months Ended September 30, Nine Months Ended September 30, (Dollars in Thousands) 2024 2023 2024 2023 Beginning Balance $ 3,139 $ 3,120 $ 3,191 $ 2,989 Provision for Credit Losses (617) 382 (669) 513 Ending Balance $ 2,522 $ 3,502 $ 2,522 $ 3,502

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- Definition Tabular disclosure of the loss contingencies that were reported in the period or disclosed as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483076/450-20-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483076/450-20-50-4 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483076/450-20-50-9 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-3 + Details
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