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Loans (Tables)
3 Months Ended
Mar. 31, 2024
Loans  
Summary of classes of loans

March 31, 

December 31, 

(Dollars in thousands)

    

2024

    

2023

Commercial real estate

$

693,603

$

668,122

Commercial business

 

116,236

 

115,348

Construction - commercial real estate

 

96,916

 

69,768

Land acquisition and development

 

29,644

 

29,064

Builder lines

 

28,363

 

24,668

Construction - consumer real estate

12,471

11,223

Residential mortgage

300,178

293,256

Equity lines

54,463

51,592

Other consumer

9,450

10,588

Consumer finance - automobiles

407,280

401,276

Consumer finance - marine and recreational vehicles

 

68,823

 

67,234

Subtotal

 

1,817,427

 

1,742,139

Less allowance for credit losses

 

(40,200)

 

(39,651)

Loans, net

$

1,777,227

$

1,702,488

Schedule of past due status of loans

30-59

60-89

90+

90+ Days

Days

Days

Days

Total

Past Due and

(Dollars in thousands)

    

Past Due

Past Due

Past Due

Past Due

Current1

Total Loans

Accruing

Commercial real estate

$

$

$

$

$

693,603

$

693,603

$

Commercial business

 

9

9

116,227

116,236

Construction - commercial real estate

 

96,916

96,916

Land acquisition and development

 

29,644

29,644

Builder lines

 

28,363

28,363

Construction - consumer real estate

12,471

12,471

Residential mortgage

780

216

996

299,182

300,178

216

Equity lines

457

161

618

53,845

54,463

62

Other consumer

78

9

87

9,363

9,450

Consumer finance - automobiles

10,782

1,330

705

12,817

394,463

407,280

Consumer finance - marine and recreational vehicles

 

385

36

421

68,402

68,823

Total

$

12,491

$

1,330

$

1,127

$

14,948

$

1,802,479

$

1,817,427

$

278

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

30-59

60-89

90+

90+ Days

Days

Days

Days

Total

Past Due and

(Dollars in thousands)

    

Past Due

Past Due

Past Due

Past Due

Current1

Total Loans

Accruing

Commercial real estate

$

92

$

$

$

92

$

668,030

$

668,122

$

Commercial business

 

1

1

115,347

115,348

1

Construction - commercial real estate

 

69,768

69,768

Land acquisition and development

 

29,064

29,064

Builder lines

 

24,668

24,668

Construction - consumer real estate

11,223

11,223

Residential mortgage

1,643

387

273

2,303

290,953

293,256

89

Equity lines

215

103

115

433

51,159

51,592

38

Other consumer

3

9

12

10,576

10,588

Consumer finance - automobiles

15,263

2,628

892

18,783

382,493

401,276

Consumer finance - marine and recreational vehicles

 

282

115

397

66,837

67,234

Total

$

17,498

$

3,233

$

1,290

$

22,021

$

1,720,118

$

1,742,139

$

128

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)

    

2024

2023

Residential mortgage

$

441

$

320

Equity lines

99

77

Other consumer

10

9

Consumer finance - automobiles

705

892

Consumer finance - marine and recreational vehicles

36

Total

$

1,291

$

1,298

Summary of amortized cost basis of loans that were both experiencing financial difficulty and modified

Three Months Ended March 31, 2024

Three Months Ended March 31, 2023

% of Total

% of Total

Class of

Class of

Amortized

Financing

Amortized

Financing

(Dollars in thousands)

    

Cost

Receivable

Cost

Receivable

Term Extension

Residential mortgage

$

341

0.1

%

$

%

Total Term Extension

$

341

$

Combination Term Extension and Interest Rate Reduction

Commercial real estate

$

%

$

47

%

Residential mortgage

19

Total Combination Term Extension and Interest Rate Reduction

$

19

$

47

Total

$

360

0.1

%

$

47

%

Three Months Ended March 31, 2024

Three Months Ended March 31, 2023

Weighted-

Weighted-

Weighted-

Weighted-

Average

Average

Average

Average

Interest Rate

Term Extension

Interest Rate

Term Extension

(Dollars in thousands)

Reduction

(in years)

Reduction

(in years)

Commercial real estate

%

    

0.75

%

4.9

Residential mortgage

1.51

6.9

Total

1.51

%

6.9

0.75

%

4.9