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Troubled Debt Restructurings (Tables)
6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Schedule of Modified Amortized Cost of Loans

The following table presents the amortized cost of loans that were modified during the six months ended June 30, 2023 by loan portfolio segment:

 

 

June 30, 2023

 

 

 

(in thousands)

 

 

 

Term Extension

 

 

Total

 

 

% of Total Class of Loans

 

Mortgage real estate loans:

 

 

 

 

 

 

 

 

 

Residential First Lien - Owner Occupied

 

$

355

 

 

$

355

 

 

 

0.25

%

Total

 

$

355

 

 

$

355

 

 

 

 

Schedule Of Troubled Debt Restructurings On Financing Receivables

During the three and six months ended June 30, 2022, the Company classified five loans as troubled debt restructurings.

 

Three Months Ended

 

 

June 30, 2022

 

 

(in thousands)

 

 

Number of Contracts

 

 

Pre-Modification Outstanding Recorded Investment

 

 

Post-Modification Outstanding Recorded Investment

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

Owner Occupied

 

1

 

 

$

185

 

 

$

185

 

Construction and Farmland:

 

 

 

 

 

 

 

 

Residential

 

1

 

 

 

639

 

 

 

639

 

Residential:

 

 

 

 

 

 

 

 

Single Family

 

3

 

 

 

539

 

 

 

557

 

Total

 

5

 

 

$

1,363

 

 

 

1,381

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

June 30, 2022

 

 

(in thousands)

 

 

Number of
Contracts

 

 

Pre-Modification Outstanding
Recorded Investment

 

 

Post-Modification Outstanding
Recorded Investment

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

Owner Occupied

 

1

 

 

$

185

 

 

$

185

 

Construction and Farmland:

 

 

 

 

 

 

 

 

Residential

 

1

 

 

 

639

 

 

 

639

 

Residential:

 

 

 

 

 

 

 

 

Single family

 

3

 

 

 

539

 

 

 

557

 

Total

 

5

 

 

$

1,363

 

 

$

1,381