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Financial Instruments with Off-Balance Sheet Risk (Tables) | 9 Months Ended
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Sep. 30, 2020
Financial Instruments with Off-Balance Sheet Risk |
Schedule of financial instruments whose contract amount represents credit risk |
|  | September 30, |  | December 31,
(dollars in thousands) |  | 2020 |  | 2019
Commitments to extend credit |  | $ | 596,642 |  | $ | 586,365
Standby letters of credit |  |  | 7,073 |  |  | 8,516
Total |  | $ | 603,715 |  | $ | 594,881

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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611 + Details
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