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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2024
Commitments And Contingencies Disclosure Abstract  
Financial instruments with credit risk

(Dollars in thousands)

 

 

 

 

 

 

 

 

 Contractual Amount

 

 

 

 3/31/24

 

 

 12/31/23

 

Financial instruments whose contract amount represent credit risk:

 

 

 

 

 

 

 

 

 

 

 

 

 

Commitments to extend credit

 

$370,525

 

 

 

367,482

 

 

 

 

 

 

 

 

 

 

Standby letters of credit

 

$3,328

 

 

 

3,721

 

Schedule Of allowance for credit losses

(dollars in thousands)

 

 

 

 

 

 

 

 

March 31, 2024

 

 

March 31, 2023

 

 

 

 

 

 

 

 

Beginning Balance

 

$1,770

 

 

$-

 

Cummulative effect of change in accounting principle

 

 

-

 

 

 

2,278

 

Provision for (recovery of) credit losses

 

 

(72)

 

 

(203)

Ending balance

 

$1,698

 

 

$2,075