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Loans and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 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 September 30, 2025 and December 31, 2024 were as follows:

(dollars in thousands)			September 30, 2025						December 31, 2024
Commercial, financial, and agricultural			$	227,309					$	202,329
Real estate construction − residential			35,869						32,046
Real estate construction − commercial			77,466						80,435
Real estate mortgage − residential			376,508						361,735
Real estate mortgage − commercial			786,498						775,594
Installment and other consumer			10,352						14,021
Total loans held for investment			$	1,514,002					$	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 September 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			$	2,144					$	328					$	1,484					$	4,917					$	12,392					$	112					$	193					$	21,570
Charge-offs			5						—						—						1						4						104						—						114
Recoveries			30						—						—						14						—						29						—						73
Provision for (release of) credit losses			252						93						18						186						(261)						51						36						375
Balance at end of period			$	2,421					$	421					$	1,502					$	5,116					$	12,127					$	88					$	229					$	21,904
			Nine Months Ended September 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			39						—						—						15						40						303												397
Recoveries			132						—						—						33						58						100												323
Provision for (release of) credit losses			768						(157)						(719)						(212)						(196)						153						297						(66)
Balance at end of period			$	2,421					$	421					$	1,502					$	5,116					$	12,127					$	88					$	229					$	21,904

			Three Months Ended September 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			$	1,621					$	598					$	1,477					$	5,213					$	12,908					$	163					$	—					$	21,980
Charge-offs			270						—						—						—						343						66						—						679
Recoveries			16						—						—						7						—						20						—						43
Provision for (release of) credit losses			263						(12)						347						62						69						29						(165)						593
Balance at end of period			$	1,630					$	586					$	1,824					$	5,282					$	12,634					$	146					$	(165)					$	21,937
			Nine Months Ended September 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			2,158						—						—						23						433						196						—						2,810
Recoveries			36						—						—						12						—						80						—						128
Provision for (release of) credit losses			544						(457)						(1,449)						29						2,530						30						(352)						875
Balance at end of period			$	1,630					$	586					$	1,824					$	5,282					$	12,634					$	146					$	(165)					$	21,937

Schedule of Risk Categories by Class

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

			Collateral Type
(dollars in thousands)			Real Estate						Other						Allowance Allocated
September 30, 2025
Commercial, financial, and agricultural			$	—					$	1,812					$	587
Real estate mortgage − residential			453						—						52
Real estate mortgage − commercial			65						—						—
Total			$	518					$	1,812					$	639
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 September 30, 2025:

																																							Revolving Loans Amortized Cost Basis						Revolving Loans Converted to Term Loans Amortized Cost Basis
			Term Loans
			Amortized Cost Basis by Origination Year and Risk Grades
(dollars in thousands)			2025						2024						2023						2022						2021						Prior																		Total
Commercial, Financial, & Agricultural
Pass			$	57,395					$	12,359					$	10,401					$	18,982					$	20,744					$	26,051					$	66,795					$	1,585					$	214,312
Watch			763						190						103						8						—						147						1,174						—						2,385
Special Mention			524						—						3,119						327						—						274						—						—						4,244
Substandard			—						775						87						3,388						541						37						1,137						403						6,368
Total			$	58,682					$	13,324					$	13,710					$	22,705					$	21,285					$	26,509					$	69,106					$	1,988					$	227,309
Gross YTD charge-offs			$	—					$	9					$	—					$	—					$	—					$	30					$	—					$	—					$	39
Real Estate Construction - Residential
Pass			$	24,385					$	6,498					$	4,898					$	—					$	—					$	—					$	—					$	—					$	35,781
Watch			—						—						88						—						—						—						—						—						88
Total			$	24,385					$	6,498					$	4,986					$	—					$	—					$	—					$	—					$	—					$	35,869
Gross YTD charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Real Estate Construction - Commercial
Pass			$	32,668					$	18,748					$	7,598					$	3,303					$	2,809					$	670					$	4,347					$	1,085					$	71,228
Watch			1,345						29						—						4,795						—						40						—						—						6,209
Substandard			—						—						29						—						—						—						—						—						29
Total			$	34,013					$	18,777					$	7,627					$	8,098					$	2,809					$	710					$	4,347					$	1,085					$	77,466
Gross YTD charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Real Estate Mortgage - Residential
Pass			$	49,788					$	21,891					$	41,120					$	102,765					$	43,781					$	51,276					$	46,092					$	1,434					$	358,147
Watch			10,292						1,422						—						491						375						557						31						158						13,326
Substandard			3,463						—						200						960						—						190						222						—						5,035
Total			$	63,543					$	23,313					$	41,320					$	104,216					$	44,156					$	52,023					$	46,345					$	1,592					$	376,508
Gross YTD charge-offs			$	—					$	—					$	—					$	—					$	—					$	15					$	—					$	—					$	15
Real Estate Mortgage - Commercial
Pass			$	159,146					$	46,446					$	103,151					$	173,318					$	159,646					$	85,911					$	16,975					$	415					$	745,008
Watch			3,209						637						452						4,023						337						629						—						—						9,287
Special Mention			—						20,283						—						4,997						—						—						—						—						25,280
Substandard			1,316						465						65						4,166						—						767						144						—						6,923
Total			$	163,671					$	67,831					$	103,668					$	186,504					$	159,983					$	87,307					$	17,119					$	415					$	786,498
Gross YTD charge-offs			$	—					$	—					$	12					$	—					$	—					$	28					$	—					$	—					$	40
Installment and other Consumer
Pass			$	2,176					$	1,355					$	2,117					$	2,038					$	544					$	2,035					$	68					$	—					$	10,333
Substandard			—						5						9						—						—						5						—						—						19
Total			$	2,176					$	1,360					$	2,126					$	2,038					$	544					$	2,040					$	68					$	—					$	10,352
Gross YTD charge-offs			$	—					$	—					$	33					$	2					$	—					$	268					$	—					$	—					$	303
Total Portfolio
Pass			$	325,558					$	107,297					$	169,285					$	300,406					$	227,524					$	165,943					$	134,277					$	4,519					$	1,434,809
Watch			15,609						2,278						643						9,317						712						1,373						1,205						158						31,295
Special Mention			524						20,283						3,119						5,324						—						274						—						—						29,524
Substandard			4,779						1,245						390						8,514						541						999						1,503						403						18,374
Total			$	346,470					$	131,103					$	173,437					$	323,561					$	228,777					$	168,589					$	136,985					$	5,080					$	1,514,002
Total Gross YTD charge-offs			$	—					$	9					$	45					$	2					$	—					$	341					$	—					$	—					$	397

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

																																							Revolving Loans Amortized Cost Basis						Revolving Loans Converted to Term Loans Amortized Cost Basis
			Term Loans
			Amortized Cost Basis by Origination Year and Risk Grades
(dollars in thousands)			2024						2023						2022						2021						2020						Prior																		Total
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 September 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
September 30, 2025
Commercial, Financial, and Agricultural			$	—					$	2,004					$	2,004					$	500					$	2,504
Real estate mortgage − residential			—						1,508						1,508						352						1,860
Real estate mortgage − commercial			—						525						525						—						525
Installment and Other Consumer			—						19						19						3						22
Total			$	—					$	4,056					$	4,056					$	855					$	4,911
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 September 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
September 30, 2025
Commercial, Financial, and Agricultural			$	224,567					$	238					$	500					$	2,004					$	227,309
Real estate construction − residential			35,869						—						—						—						35,869
Real estate construction − commercial			77,466						—						—						—						77,466
Real estate mortgage − residential			370,442						4,206						352						1,508						376,508
Real estate mortgage − commercial			785,781						192						—						525						786,498
Installment and Other Consumer			10,229						101						3						19						10,352
Total			$	1,504,354					$	4,737					$	855					$	4,056					$	1,514,002
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

- Definition

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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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
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-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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