v3.25.3
Allowance for Credit Losses on Loans (Tables)
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Schedule of Changes in Allowance for Loan Losses and Allowance and Loans Individually and Collectively Evaluated for Impairment
A summary of changes in the allowance for credit losses, by portfolio type, for the nine months ended September 30, 2025 and 2024 are as follows: 

For the Nine Months Ended September 30,
2025
(in thousands)Beginning Allowance (12/31/2024)Charge-offsRecoveriesProvisionEnding Allowance (9/30/2025)
Real Estate:
Construction & land development$3,930 $(5,794)$— $5,673 $3,809 
Farmland50 — — 137 187 
1- 4 family9,243 (490)29 3,084 11,866 
Multifamily3,949 (10,430)— 7,474 993 
Non-farm non-residential11,531 (9,545)19 18,302 20,307 
Total Real Estate28,703 (26,259)48 34,670 37,162 
Non-Real Estate:
Agricultural204 (169)1 170 206 
Commercial and industrial1,994 (1,055)187 4,470 5,596 
Commercial leases1,719 (774)— 39,884 40,829 
Consumer and other1,337 (1,104)426 301 960 
Unallocated854 — — 106 960 
Total Non-Real Estate6,108 (3,102)614 44,931 48,551 
Total Loans$34,811 $(29,361)$662 $79,601 $85,713 
Unfunded lending commitments1,210 — — (510)700 
Total$36,021 $(29,361)$662 $79,091 $86,413 

 For the Nine Months Ended September 30,
 2024
(in thousands)Beginning Allowance (12/31/2023)Charge-offsRecoveriesProvisionEnding Allowance (9/30/2024)
Real Estate:
Construction & land development$5,845 $(39)$1 $(954)$4,853 
Farmland36 (258)— 272 50 
1- 4 family6,653 (939)13 1,990 7,717 
Multifamily1,614 — — (156)1,458 
Non-farm non-residential10,596 (5,047)45 8,065 13,659 
Total Real Estate24,744 (6,283)59 9,217 27,737 
Non-Real Estate:
Agricultural97 (33)26 174 264 
Commercial and industrial2,711 (4,521)157 3,251 1,598 
Commercial leases1,948 — — 147 2,095 
Consumer and other1,426 (2,837)474 2,524 1,587 
Unallocated— — — — — 
Total Non-Real Estate6,182 (7,391)657 6,096 5,544 
Total Loans$30,926 $(13,674)$716 $15,313 $33,281 
Unfunded lending commitments2,810 — — (1,300)1,510 
Total$33,736 $(13,674)$716 $14,013 $34,791 
A summary of the allowance along with loans and leases individually and collectively evaluated are as follows: 

As of September 30, 2025
(in thousands)Allowance
Individually
Evaluated		Allowance
Collectively Evaluated		Total Allowance
for Credit Losses		Loans
Individually
Evaluated		Loans
Collectively
Evaluated		Total Loans
before
Unearned Income
Real Estate:      
Construction & land development$566 $3,243 $3,809 $19,081 $212,075 $231,156 
Farmland70 117 187 2,543 29,142 31,685 
1- 4 family857 11,009 11,866 7,867 433,150 441,017 
Multifamily148 845 993 23,973 113,609 137,582 
Non-farm non-residential10,635 9,672 20,307 66,651 936,547 1,003,198 
Total Real Estate12,276 24,886 37,162 120,115 1,724,523 1,844,638 
Non-Real Estate:      
Agricultural— 206 206 915 43,822 44,737 
Commercial and industrial3,534 2,062 5,596 8,403 218,674 227,077 
Commercial leases39,739 1,090 40,829 52,921 82,037 134,958 
Consumer and other— 960 960 — 34,763 34,763 
Unallocated— 960 960 — — — 
Total Non-Real Estate43,273 5,278 48,551 62,239 379,296 441,535 
Total$55,549 $30,164 $85,713 $182,354 $2,103,819 2,286,173 
Unearned Income     (6,432)
Total Loans Net of Unearned Income     $2,279,741 

$146.3 million of loans individually evaluated for impairment as of September 30, 2025 were considered collateral dependent loans.
 
 As of December 31, 2024
(in thousands)Allowance
Individually
Evaluated		Allowance
Collectively Evaluated		Total Allowance
for Credit Losses		Loans
Individually
Evaluated		Loans
Collectively
Evaluated		Total Loans
before
Unearned Income
Real Estate:      
Construction & land development$403 $3,527 $3,930 $10,724 $319,324 $330,048 
Farmland— 50 50 2,973 33,018 35,991 
1- 4 family430 8,813 9,243 3,174 447,197 450,371 
Multifamily2,942 1,007 3,949 27,516 137,605 165,121 
Non-farm non-residential1,229 10,302 11,531 54,201 1,105,641 1,159,842 
Total Real Estate5,004 23,699 28,703 98,588 2,042,785 2,141,373 
Non-Real Estate:      
Agricultural129 75 204 2,151 38,571 40,722 
Commercial and industrial3 1,991 1,994 5,194 252,324 257,518 
Commercial leases— 1,719 1,719 3,015 217,185 220,200 
Consumer and other— 1,337 1,337 — 42,267 42,267 
Unallocated— 854 854 — — — 
Total Non-Real Estate132 5,976 6,108 10,360 550,347 560,707 
Total$5,136 $29,675 $34,811 $108,948 $2,593,132 2,702,080 
Unearned Income     (8,300)
Total loans net of unearned income     $2,693,780