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Restructurings for Borrowers Experiencing Financial Difficulty (Tables)
12 Months Ended
Dec. 31, 2023
Receivables [Abstract]  
Modified amortized cost of loans

The following table presents the amortized cost of loans that were modified during the twelve months ended December 31, 2023 by loan portfolio segment:

 

 

 

Twelve Months Ended

 

 

 

December 31, 2023

 

 

 

(in thousands)

 

 

 

Term Extension

 

 

Total

 

 

% of Total Class of Loans

 

Mortgage real estate loans:

 

 

 

 

 

 

 

 

 

Residential First Lien - Owner Occupied

 

$

355

 

 

$

355

 

 

 

0.20

%

Total

 

$

355

 

 

$

355

 

 

 

 

Schedule Of Troubled Debt Restructurings On Financing Receivables

The following tables set forth information on the Company’s troubled debt restructurings by class of loans occurring during the year ended December 31, 2022:

 

 

 

 

 

 

Twelve Months Ended

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

(in thousands)

 

 

 

Number of
Contracts

 

 

Pre-Modification
Outstanding
Recorded Investment

 

 

Post-Modification
Outstanding
Recorded Investment

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

 

 

 

 

 

 

 

 

Commercial Real Estate

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

1

 

 

$

185

 

 

$

185

 

Non-owner occupied

 

 

1

 

 

 

161

 

 

 

161

 

Construction and Farmland

 

 

 

 

 

 

 

 

 

Commercial

 

 

1

 

 

 

639

 

 

 

639

 

Consumer:

 

 

 

 

 

 

 

 

 

Installment

 

 

1

 

 

 

20

 

 

 

21

 

Residential

 

 

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

 

 

 

Single family

 

 

9

 

 

 

1,676

 

 

 

1,704

 

Total

 

 

13

 

 

$

2,681

 

 

$

2,710