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Loans and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2025

Receivables [Abstract]

Schedule of Loans, by Major Class Within the Company's Loan Portfolio

Major classifications within the Company’s loans held for investment portfolio at June 30, 2025 and December 31, 2024 were as follows:

(dollars in thousands)			June 30, 2025						December 31, 2024
Commercial, financial, and agricultural			$	212,266					$	202,329
Real estate construction − residential			24,117						32,046
Real estate construction − commercial			66,441						80,435
Real estate mortgage − residential			381,037						361,735
Real estate mortgage − commercial			767,240						775,594
Installment and other consumer			11,797						14,021
Total loans held for investment			$	1,462,898					$	1,466,160

Schedule of the Allowance for Loan Losses

The following tables illustrate the changes in the allowance for credit losses on loans by portfolio segment:

			Three Months Ended June 30, 2025
(dollars in thousands)			Commercial, Financial, & Agricultural						Real Estate Construction - Residential						Real Estate Construction - Commercial						Real Estate Mortgage - Residential						Real Estate Mortgage - Commercial						Installment and Other Consumer						Un- allocated						Total
Balance at beginning of period			$	1,447					$	583					$	1,667					$	5,134					$	12,608					$	117					$	224					$	21,780
Charge-offs			(21)						—						—						(8)						(3)						(109)						—						(141)
Recoveries			34						—						—						12						—						44						—						90
Provision for (release of) credit losses			684						(255)						(183)						(221)						(213)						60						(31)						(159)
Balance at end of period			$	2,144					$	328					$	1,484					$	4,917					$	12,392					$	112					$	193					$	21,570
			Six Months Ended June 30, 2025
(dollars in thousands)			Commercial, Financial, & Agricultural						Real Estate Construction - Residential						Real Estate Construction - Commercial						Real Estate Mortgage - Residential						Real Estate Mortgage - Commercial						Installment and Other Consumer						Un- allocated						Total
Balance at beginning of period			$	1,560					$	578					$	2,221					$	5,310					$	12,305					$	138					$	(68)					$	22,044
Charge-offs			(34)						—						—						(14)						(36)						(199)						—						(283)
Recoveries			102						—						—						19						58						71						—						250
Provision for (release of) credit losses			516						(250)						(737)						(398)						65						102						261						(441)
Balance at end of period			$	2,144					$	328					$	1,484					$	4,917					$	12,392					$	112					$	193					$	21,570

			Three Months Ended June 30, 2024
(dollars in thousands)			Commercial, Financial, & Agricultural						Real Estate Construction - Residential						Real Estate Construction - Commercial						Real Estate Mortgage - Residential						Real Estate Mortgage - Commercial						Installment and Other Consumer						Un- allocated						Total
Balance at beginning of period			$	3,374					$	672					$	1,297					$	5,109					$	12,857					$	172					$	194					$	23,675
Charge-offs			(1,857)						—						—						(22)						(67)						(61)						—						(2,007)
Recoveries			10						—						—						4						—						16						—						30
Provision for (release of) credit losses			94						(74)						180						122						118						36						(194)						282
Balance at end of period			$	1,621					$	598					$	1,477					$	5,213					$	12,908					$	163					$	—					$	21,980
			Six Months Ended June 30, 2024
(dollars in thousands)			Commercial, Financial, & Agricultural						Real Estate Construction - Residential						Real Estate Construction - Commercial						Real Estate Mortgage - Residential						Real Estate Mortgage - Commercial						Installment and Other Consumer						Un- allocated						Total
Balance at beginning of period			$	3,208					$	1,043					$	3,273					$	5,264					$	10,537					$	232					$	187					$	23,744
Charge-offs			(1,888)						—						—						(23)						(89)						(130)						—						(2,130)
Recoveries			20						—						—						5						—						59						—						84
Provision for (release of) credit losses			281						(445)						(1,796)						(33)						2,460						2						(187)						282
Balance at end of period			$	1,621					$	598					$	1,477					$	5,213					$	12,908					$	163					$	—					$	21,980

Schedule of Risk Categories by Class

The amortized cost of collateral-dependent loans by class as of June 30, 2025 and December 31, 2024 was as follows:

			Collateral Type
(dollars in thousands)			Real Estate						Other						Allowance Allocated
June 30, 2025
Commercial, financial, and agricultural			$	—					$	1,814					$	649
Real estate mortgage − residential			454						—						87
Real estate mortgage − commercial			65						—						—
Total			$	519					$	1,814					$	736
December 31, 2024
Commercial, financial, and agricultural			$	—					$	766					$	125
Real estate construction − residential			454						—						194
Real estate mortgage − commercial			65						—						—
Total			$	519					$	766					$	319

The following table presents the recorded investment by risk categories at June 30, 2025:

																																													Revolving
																																													Loans
																																							Revolving						Converted to
			Term Loans																																				Loans						Term Loans
			Amortized Cost Basis by Origination Year and Risk Grades																																				Amortized						Amortized
(dollars in thousands)			2025						2024						2023						2022						2021						Prior						Cost Basis						Cost Basis						Total
June 30, 2025
Commercial, Financial, & Agricultural
Pass			$	31,092					$	14,532					$	12,034					$	20,330					$	21,849					$	28,239					$	70,128					$	1,411					$	199,615
Watch			55						—						102						1,007						—						251						—						—						1,415
Special Mention			—						—						3,512						337						—						284						557						—						4,690
Substandard			—						780						87						3,510						547						75						1,144						403						6,546
Total			$	31,147					$	15,312					$	15,735					$	25,184					$	22,396					$	28,849					$	71,829					$	1,814					$	212,266
Gross YTD charge-offs			—						9						—						—						—						25						—						—						34
Real Estate Construction - Residential
Pass			$	7,010					$	8,264					$	8,755					$	—					$	—					$	—					$	—					$	—					$	24,029
Watch			—						—						88						—						—						—						—						—						88
Total			$	7,010					$	8,264					$	8,843					$	—					$	—					$	—					$	—					$	—					$	24,117
Gross YTD charge-offs			—						—						—						—						—						—						—						—						—
Real Estate Construction - Commercial
Pass			$	17,430					$	18,787					$	8,386					$	5,780					$	2,918					$	1,114					$	5,905					$	—					$	60,320
Watch			—						1,257						—						4,795						—						40						—						—						6,092
Substandard			—						—						29						—						—						—						—						—						29
Total			$	17,430					$	20,044					$	8,415					$	10,575					$	2,918					$	1,154					$	5,905					$	—					$	66,441
Gross YTD charge-offs			—						—						—						—						—						—						—						—						—
Real Estate Mortgage - Residential
Pass			$	36,051					$	23,073					$	42,867					$	108,716					$	46,149					$	58,932					$	44,883					$	2,404					$	363,075
Watch			14,110						1,427						—						—						381						629						242						—						16,789
Substandard			58						—						—						783						—						218						114						—						1,173
Total			$	50,219					$	24,500					$	42,867					$	109,499					$	46,530					$	59,779					$	45,239					$	2,404					$	381,037
Gross YTD charge-offs			—						—						—						—						—						14						—						—						14
Real Estate Mortgage - Commercial
Pass			$	76,490					$	68,294					$	105,314					$	180,036					$	168,896					$	110,030					$	16,339					$	887					$	726,286
Watch			582						2,407						458						4,067						684						177						—						—						8,375
Special Mention			—						20,559						—						5,060						—						—						—						—						25,619
Substandard			—						1,782						65						4,190						—						779						144						—						6,960
Total			$	77,072					$	93,042					$	105,837					$	193,353					$	169,580					$	110,986					$	16,483					$	887					$	767,240
Gross YTD charge-offs			—						—						12						—						—						24						—						—						36
Installment and other Consumer
Pass			$	1,244					$	1,607					$	2,573					$	2,585					$	713					$	2,997					$	62					$	—					$	11,781
Substandard			—						—						9						—						—						7						—						—						16
Total			$	1,244					$	1,607					$	2,582					$	2,585					$	713					$	3,004					$	62					$	—					$	11,797
Gross YTD charge-offs			—						—						20						2						—						177						—						—						199
Total Portfolio
Pass			$	169,317					$	134,557					$	179,929					$	317,447					$	240,525					$	201,312					$	137,317					$	4,702					$	1,385,106
Watch			14,747						5,091						648						9,869						1,065						1,097						242						—						32,759
Special Mention			—						20,559						3,512						5,397						—						284						557						—						30,309
Substandard			58						2,562						190						8,483						547						1,079						1,402						403						14,724
Total			$	184,122					$	162,769					$	184,279					$	341,196					$	242,137					$	203,772					$	139,518					$	5,105					$	1,462,898
Total Gross YTD charge-offs			$	—					$	9					$	32					$	2					$	—					$	240					$	—					$	—					$	283

The following table presents the recorded investment by risk categories at December 31, 2024:

																																													Revolving
																																													Loans
																																							Revolving						Converted to
			Term Loans																																				Loans						Term Loans
			Amortized Cost Basis by Origination Year and Risk Grades																																				Amortized						Amortized
(dollars in thousands)			2023						2022						2021						2020						2019						Prior						Cost Basis						Cost Basis						Total
December 31, 2024
Commercial, Financial, & Agricultural
Pass			$	22,726					$	21,302					$	30,025					$	25,338					$	26,557					$	3,932					$	62,205					$	1,531					$	193,616
Watch			—						120						1,473						—						—						262						504						—						2,359
Special Mention			—						—						—						—						309						—						741						—						1,050
Substandard			286						87						3,428						628						37						—						356						403						5,225
Doubtful			—						—						—						—						—						—						79						—						79
Total			$	23,012					$	21,509					$	34,926					$	25,966					$	26,903					$	4,194					$	63,885					$	1,934					$	202,329
Gross YTD charge-offs			—						230						—						104						2						106						1,796						—						2,238
Real Estate Construction - Residential
Pass			$	16,368					$	13,808					$	601					$	617					$	165					$	—					$	—					$	33					$	31,592
Substandard			454						—						—						—						—						—						—						—						454
Total			$	16,822					$	13,808					$	601					$	617					$	165					$	—					$	—					$	33					$	32,046
Gross YTD charge-offs			—						—						—						—						—						—						—						—						—
Real Estate Construction - Commercial
Pass			$	49,742					$	7,057					$	10,424					$	3,828					$	622					$	564					$	7,072					$	—					$	79,309
Watch			911						124						13						—						—						—						—						—						1,048
Substandard			—						29						—						—						—						49						—						—						78
Total			$	50,653					$	7,210					$	10,437					$	3,828					$	622					$	613					$	7,072					$	—					$	80,435
Gross YTD charge-offs			—						—						—						—						—						—						—						—						—
Real Estate Mortgage - Residential
Pass			$	30,005					$	46,795					$	115,928					$	49,519					$	42,036					$	23,440					$	44,148					$	1,543					$	353,414
Watch			5,702						—						40						391						423						675						30						—						7,261
Substandard			—						—						426						89						—						376						169						—						1,060
Total			$	35,707					$	46,795					$	116,394					$	49,999					$	42,459					$	24,491					$	44,347					$	1,543					$	361,735
Gross YTD charge-offs			—						—						—						—						—						14						37						—						51
Real Estate Mortgage - Commercial
Pass			$	56,648					$	117,853					$	212,698					$	203,591					$	69,342					$	57,352					$	14,815					$	137					$	732,436
Watch			2,298						51						4,763						1,961						—						184						—						581						9,838
Special Mention			27,271						—						5,679						—						—						—						—						—						32,950
Substandard			64						75						231						—						—						—						—						—						370
Total			$	86,281					$	117,979					$	223,371					$	205,552					$	69,342					$	57,536					$	14,815					$	718					$	775,594
Gross YTD charge-offs			—						340						—						65						—						32						—						—						437
Installment and other Consumer
Pass			$	2,188					$	3,636					$	3,591					$	1,165					$	554					$	2,805					$	72					$	—					$	14,011
Substandard			—						—						—						—						—						10						—						—						10
Total			$	2,188					$	3,636					$	3,591					$	1,165					$	554					$	2,815					$	72					$	—					$	14,021
Gross YTD charge-offs			10						11						9						3						1						230						1						—						265
Total Portfolio
Pass			$	177,677					$	210,451					$	373,267					$	284,058					$	139,276					$	88,093					$	128,312					$	3,244					$	1,404,378
Watch			8,911						295						6,289						2,352						423						1,121						534						581						20,506
Special Mention			27,271						—						5,679						—						309						—						741						—						34,000
Substandard			804						191						4,085						717						37						435						525						403						7,197
Doubtful			—						—						—						—						—						—						79						—						79
Total			$	214,663					$	210,937					$	389,320					$	287,127					$	140,045					$	89,649					$	130,191					$	4,228					$	1,466,160
Total Gross YTD charge-offs			$	10					$	581					$	9					$	172					$	3					$	382					$	1,834					$	—					$	2,991

Schedule of Financing Receivable, Nonaccrual

The following table presents the recorded investment in non-accrual loans and loans past due over 90 days still on accrual by class of loans as of June 30, 2025 and December 31, 2024:

(dollars in thousands)			Non-accrual with no Allowance						Non-accrual with Allowance						Total Non-accrual						90 Days Past Due And Still Accruing						Total Non-performing Loans
June 30, 2025
Commercial, Financial, and Agricultural			$	—					$	1,006					$	1,006					$	—					$	1,006
Real estate mortgage − residential			—						1,026						1,026						498						1,524
Real estate mortgage − commercial			—						208						208						—						208
Installment and Other Consumer			—						16						16						7						23
Total			$	—					$	2,256					$	2,256					$	505					$	2,761
December 31, 2024
Commercial, Financial, and Agricultural			$	—					$	923					$	923					$	—					$	923
Real estate construction − residential			—						454						454						—						454
Real estate construction − commercial			—						49						49						—						49
Real estate mortgage − residential			—						963						963						207						1,170
Real estate mortgage − commercial			—						138						138						—						138
Installment and Other Consumer			—						10						10						3						13
Total			$	—					$	2,537					$	2,537					$	210					$	2,747

Schedule of Aging Information for the Company's Past Due and Non-Accrual Loans

The following table provides aging information for the Company’s past due and non-accrual loans at June 30, 2025 and December 31, 2024.

(dollars in thousands)			Current or Less Than 30 Days Past Due						30 - 89 Days Past Due						90 Days Past Due And Still Accruing						Non-Accrual						Total
June 30, 2025
Commercial, Financial, and Agricultural			$	209,069					$	2,191					$	—					$	1,006					$	212,266
Real estate construction − residential			24,117						—						—						—						24,117
Real estate construction − commercial			66,441						—						—						—						66,441
Real estate mortgage − residential			378,970						543						498						1,026						381,037
Real estate mortgage − commercial			766,174						858						—						208						767,240
Installment and Other Consumer			11,636						138						7						16						11,797
Total			$	1,456,407					$	3,730					$	505					$	2,256					$	1,462,898
December 31, 2024
Commercial, Financial, and Agricultural			$	201,201					$	205					$	—					$	923					$	202,329
Real estate construction − residential			31,592						—						—						454						32,046
Real estate construction − commercial			80,386						—						—						49						80,435
Real estate mortgage − residential			358,393						2,172						207						963						361,735
Real estate mortgage − commercial			773,918						1,538						—						138						775,594
Installment and Other Consumer			13,900						108						3						10						14,021
Total			$	1,459,390					$	4,023					$	210					$	2,537					$	1,466,160

X

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Tabular disclosure of allowance for credit loss on financing receivable.

+ 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

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-5

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-14

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-Topic 326
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-Paragraph 80
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-Publisher FASB
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Tabular disclosure of financing receivable on nonaccrual status.

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Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 16
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-16

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