Loans (Tables)

3 Months Ended

Mar. 31, 2023


	March 31,		December 31,
(Dollars in thousands)	2023		2022
Commercial real estate	$	614,620	$	592,301
Commercial business		114,722		118,605
Construction - commercial real estate		53,801		49,136
Land acquisition and development		40,214		37,537
Builder lines		32,668		34,538
Construction - consumer real estate		12,552		10,539
Residential mortgage		278,106		266,267
Equity lines		43,443		43,300
Other consumer		7,911		8,938
Consumer finance - automobiles		409,350		411,112
Consumer finance - marine and recreational vehicles		65,808		63,445
Subtotal		1,673,195		1,635,718
Less allowance for credit losses		(40,834)		(40,518)
Loans, net	$	1,632,361	$	1,595,200

Schedule of past due status of loans

30-59

60-89

90+

90+ Days

Days

Total

Past Due and

(Dollars in thousands)

Past Due

Current¹

Total Loans

Accruing

Commercial real estate

—

264

614,356

614,620

264

Commercial business

—

147

—

147

114,575

114,722

—

Construction - commercial real estate

—

53,801

—

Land acquisition and development

—

40,214

—

Builder lines

—

32,668

—

Construction - consumer real estate

—

12,552

—

Residential mortgage

836

122

301

1,259

276,847

278,106

301

Equity lines

217

103

—

320

43,123

43,443

—

Other consumer

—

7,911

—

Consumer finance - automobiles

8,896

1,545

623

11,064

398,286

409,350

—

Consumer finance - marine and recreational vehicles

224

298

65,510

65,808

—

Total

10,173

1,967

1,212

13,352

1,659,843

1,673,195

565

For the purposes of the table above, “Current” includes loans that are 1-29 days past due.


															90+ Days
	30 - 59 Days		60 - 89 Days		90+ Days		Total								Past Due and
(Dollars in thousands)	Past Due		Past Due		Past Due		Past Due		PCI		Current¹		Total Loans		Accruing
Residential mortgage	$	1,649	$	452	$	20	$	2,121	$	300	$	263,846	$	266,267	$	—
Real estate – construction:
Construction - commercial real estate		—		—		—		—		—		49,136		49,136		—
Construction - consumer real estate		—		—		—		—		—		10,539		10,539		—
Commercial, financial and agricultural:
Commercial real estate		—		—		—		—		1,114		591,187		592,301		—
Land acquisition and development		—		—		—		—		—		37,537		37,537		—
Builder lines		—		—		—		—		—		34,538		34,538		—
Commercial business		—		1		—		1		—		118,604		118,605		—
Equity lines		—		39		—		39		15		43,246		43,300		—
Other consumer		9		—		191		200		26		8,712		8,938		191
Consumer finance:
Automobiles		10,557		1,570		842		12,969		—		398,143		411,112		—
Marine and recreational vehicles		114		35		83		232		—		63,213		63,445		—
Total	$	12,329	$	2,097	$	1,136	$	15,562	$	1,455	$	1,618,701	$	1,635,718	$	191

1For the purposes of the table above, “Current” includes loans that are 1-29 days past due.

Schedule of loans on nonaccrual status


	March 31,		December 31,
(Dollars in thousands)	2023		2022
Residential mortgage	$	154	$	156
Equity lines		108		108
Consumer finance - automobiles		623		842
Consumer finance - marine and recreational vehicles		24		83
Total	$	909	$	1,189

Schedule of acquired loans


	December 31, 2022
	Acquired Loans -		Acquired Loans -
	Purchased		Purchased		Acquired Loans -
(Dollars in thousands)	Credit Impaired		Performing		Total
Outstanding principal balance	$	4,522	$	38,157	$	42,679
Carrying amount
Real estate – residential mortgage	$	300	$	8,587	$	8,887
Real estate – construction		—		—		—
Commercial, financial and agricultural¹		1,114		23,023		24,137
Equity lines		15		5,047		5,062
Consumer		26		755		781
Total acquired loans	$	1,455	$	37,412	$	38,867

1	Includes acquired loans classified by the Corporation as commercial real estate lending and commercial business lending.

Summary of change in the accretable yield of loans classified as purchased credit impaired (PCI)


		Three Months Ended
(Dollars in thousands)	March 31, 2022
Accretable yield, balance at beginning of period	$	3,111
Accretion		(363)
Reclassification of nonaccretable difference due to improvement in expected cash flows		378
Other changes, net		(69)
Accretable yield, balance at end of period	$	3,057

Schedule of impaired loans



			Recorded		Recorded
			Investment		Investment				Average
	Unpaid		in Loans		in Loans				Balance-		Interest
	Principal		without		with		Related		Impaired		Income
(Dollars in thousands)	Balance		Specific Reserve		Specific Reserve		Allowance		Loans		Recognized
Real estate – residential mortgage	$	797	$	36	$	761	$	51	$	806	$	35
Equity lines		26		26		—		—		28		2
Total	$	823	$	62	$	761	$	51	$	834	$	37