South Plains Financial (SPFI) 10-K 15 Mar 24 2023 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2021	Mar. 13, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Document Transition Report	false
Entity File Number	001-38895
Entity Registrant Name	South Plains Financial, Inc.
Entity Central Index Key	0001163668
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	75-2453320
Entity Address, Address Line One	5219 City Bank Parkway
Entity Address, City or Town	Lubbock
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	79407
City Area Code	806
Local Phone Number	792-7101
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	SPFI
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	true
Document Financial Statement Restatement Recovery Analysis [Flag]	false
Entity Shell Company	false
Entity Public Float				$ 276.3
Entity Common Stock, Shares Outstanding			16,432,851
Auditor Firm ID	686	410
Auditor Name	FORVIS, LLP	WEAVER AND TIDWELL, L.L.P.
Auditor Location	Houston, Texas	Fort Worth, Texas

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 62,821	$ 61,613
Interest-bearing deposits in banks	267,337	173,270
Cash and cash equivalents	330,158	234,883
Securities available for sale	622,762	701,711
Loans held for sale ($6,615 and $10,038 at fair value at December 31, 2023 and 2022, respectively)	14,499	30,403
Loans held for investment	3,014,153	2,748,081
Allowance for credit losses on loans	(42,356)	(39,288)
Loans held for investment, net	2,971,797	2,708,793
Accrued interest receivable	20,881	16,432
Premises and equipment, net	55,070	56,337
Bank-owned life insurance	74,504	73,174
Goodwill	19,315	19,508
Intangible assets, net	2,429	4,349
Mortgage servicing rights	26,569	27,474
Deferred tax asset, net	19,413	22,818
Other assets	47,396	48,181
Total assets	4,204,793	3,944,063
Deposits:
Noninterest-bearing	974,201	1,150,488
Interest-bearing	2,651,952	2,255,942
Total deposits	3,626,153	3,406,430
Accrued expenses and other liabilities	61,358	58,265
Subordinated debt	63,775	75,961
Junior subordinated deferrable interest debentures	46,393	46,393
Total liabilities	3,797,679	3,587,049
Stockholders' equity:
Common stock, $1 par value, 30,000,000 shares authorized; 16,417,099 issued in 2023 and 17,027,197 issued in 2022	16,417	17,027
Additional paid-in capital	97,107	112,834
Retained earnings	345,264	292,261
Accumulated other comprehensive loss	(51,674)	(65,108)
Total stockholders' equity	407,114	357,014
Total liabilities and stockholders' equity	$ 4,204,793	$ 3,944,063

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Loans held for sale, fair value	$ 6,615	$ 10,038
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	16,417,099	17,027,197

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Loans, including fees	$ 176,598	$ 137,954	$ 120,540
Securities:
Taxable	21,590	15,010	9,445
Non taxable	3,872	4,529	4,639
Federal funds sold and interest-bearing deposits in banks	9,973	3,675	412
Total interest income	212,033	161,168	135,036
Interest expense:
Deposits	64,987	17,002	8,293
Notes payable & other borrowings	5	0	43
Subordinated debt	4,018	4,050	4,056
Junior subordinated deferrable interest debentures	3,276	1,640	880
Total interest expense	72,286	22,692	13,272
Net interest income	139,747	138,476	121,764
Provision for credit losses	4,610	(2,619)	(1,918)
Net interest income, after provision for credit losses	135,137	141,095	123,682
Noninterest income:
Service charges on deposit accounts	7,130	6,829	6,963
Income from insurance activities	1,515	10,826	8,314
Net gain on sales of loans	11,027	20,764	51,184
Bank card services and interchange fees	13,323	12,946	12,239
Other mortgage banking income	2,790	10,606	8,542
Investment commissions	1,698	1,825	1,934
Fiduciary fees	2,433	2,390	2,917
Gain on sale of subsidiary	33,778	0	0
Other	5,532	9,959	5,376
Total noninterest income	79,226	76,145	97,469
Noninterest expense:
Salaries and employee benefits	79,377	86,323	93,360
Occupancy and equipment, net	16,102	15,987	14,560
Professional services	6,433	9,740	6,752
Marketing and development	3,453	3,614	3,225
IT and data services	3,410	3,780	4,007
Bank card expenses	5,557	5,376	4,995
Appraisal expenses	1,087	1,747	3,248
Realized loss on sale of securities	3,409	0	0
Other	16,118	17,522	17,883
Total noninterest expense	134,946	144,089	148,030
Income before income taxes	79,417	73,151	73,121
Income tax expense	16,672	14,911	14,507
Net income	$ 62,745	$ 58,240	$ 58,614
Earnings per share:
Basic (in dollars per share)	$ 3.73	$ 3.35	$ 3.26
Diluted (in dollars per share)	$ 3.62	$ 3.23	$ 3.17
Net income	$ 62,745	$ 58,240	$ 58,614
Other comprehensive income (loss):
Unrealized gains (losses) on securities available for sale	17,282	(114,367)	(15,479)
Less: Change in fair value on hedged state and municipal securities	(3,686)	14,607	5,812
Reclassification adjustment for loss on sale of securities	3,409	0	0
Tax effect	(3,571)	20,950	2,030
Other comprehensive income (loss)	13,434	(78,810)	(7,637)
Comprehensive income (loss)	$ 76,179	$ (20,570)	$ 50,977

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Accumulated Other Comprehensive Income (Loss) [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance at Dec. 31, 2020	$ 18,076	$ 141,112	$ 189,521	$ 21,339	$ 370,048
Balance (in shares) at Dec. 31, 2020	18,076,364
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	58,614	0	58,614
Cash dividends declared	0	0	(5,385)	0	(5,385)
Other comprehensive loss (income)	0	0	0	(7,637)	(7,637)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes	$ 77	(702)	0	0	(625)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes (in shares)	77,408
Repurchases of common stock	$ (393)	(8,834)	0	0	(9,227)
Repurchases of common stock (in shares)	(393,529)
Stock-based compensation	$ 0	1,639	0	0	1,639
Balance at Dec. 31, 2021	$ 17,760	133,215	242,750	13,702	407,427
Balance (in shares) at Dec. 31, 2021	17,760,243
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	58,240	0	58,240
Cash dividends declared	0	0	(8,012)	0	(8,012)
Other comprehensive loss (income)	0	0	0	(78,810)	(78,810)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes	$ 127	(1,295)	0	0	(1,168)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes (in shares)	126,756
Repurchases of common stock	$ (860)	(21,839)	0	0	(22,699)
Repurchases of common stock (in shares)	(859,802)
Stock-based compensation	$ 0	2,753	0	0	2,753
Balance at Dec. 31, 2022	$ 17,027	112,834	292,261	(65,108)	357,014
Balance (Topic 842 Related to Leases [Member]) at Dec. 31, 2022						$ 0	$ 0	$ (717)	$ 0	$ (717)
Balance (in shares) at Dec. 31, 2022	17,027,197
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	62,745	0	62,745
Cash dividends declared	0	0	(8,745)	0	(8,745)
Other comprehensive loss (income)	0	0	0	13,434	13,434
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes	$ 76	(807)	0	0	(731)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes (in shares)	75,540
Repurchases of common stock	$ (686)	(17,077)	0	0	(17,763)
Repurchases of common stock (in shares)	(685,638)
Stock-based compensation	$ 0	2,157	0	0	2,157
Balance at Dec. 31, 2023	$ 16,417	$ 97,107	$ 345,264	$ (51,674)	$ 407,114
Balance (ASU 2016-13 [Member]) at Dec. 31, 2023						$ 0	$ 0	$ (997)	$ 0	$ (997)
Balance (in shares) at Dec. 31, 2023	16,417,099

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY [Abstract]
Cash dividends, common (in dollars per share)	$ 0.52	$ 0.46	$ 0.3
Issuance of stock related to stock-based awards, shares for cashless exercise (in shares)	52,631	141,762	82,004
Issuance of stock related to stock-based awards, shares withheld to cover tax withholdings (in shares)	27,262	42,386	23,559

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income	$ 62,745	$ 58,240	$ 58,614
Adjustments to reconcile net income to net cash from operating activities:
Provision for credit losses	4,610	(2,619)	(1,918)
Provision for foreclosed asset losses	142	0	0
Depreciation and amortization	6,412	6,965	6,436
Accretion and amortization	3,381	4,072	4,513
Other gains, net	(275)	(166)	(729)
Gain on sale of subsidiary	(33,778)	0	0
Loss on sale of securities	3,409	0	0
Net gain on sales of loans	(11,027)	(20,764)	(51,184)
Proceeds from sales of loans held for sale	347,583	662,294	1,513,961
Loans originated for sale	(322,122)	(598,495)	(1,437,003)
Deferred income tax expense	99	1,359	1,453
Earnings on bank-owned life insurance	(1,330)	(1,196)	(1,247)
Stock-based compensation	2,157	2,753	1,639
Change in valuation of mortgage servicing rights	2,375	(4,705)	(1,455)
Net change in:
Accrued interest receivable and other assets	(8,502)	(1,067)	3,382
Accrued expenses and other liabilities	2,660	16,919	(191)
Net cash provided by operating activities	58,539	123,590	96,271
Activity in securities available for sale:
Purchases	(199,898)	(176,713)	(61,548)
Sales	52,828	0	0
Maturities, prepayments, and calls	240,106	81,253	120,325
Loan originations and principal collections, net	(270,196)	(311,459)	(218,458)
Purchases of premises and equipment	(4,681)	(4,469)	(2,920)
Proceeds from sales of premises and equipment	968	480	1,458
Proceeds from sale of subsidiary	36,080	0	0
Proceeds from sales of foreclosed assets	1,417	2,051	1,302
Net cash used in investing activities	(143,376)	(408,857)	(159,841)
Cash flows from financing activities:
Net change in deposits	219,723	65,208	366,871
Net change in short-term borrowings	0	0	(26,550)
Payments to tax authorities for stock-based compensation	(731)	(1,168)	(625)
Payments made on notes payable and other borrowings	0	0	(75,000)
Payments made on subordinated debt	(12,372)	0	0
Cash dividends paid on common stock	(8,745)	(8,012)	(5,385)
Payments to repurchase common stock	(17,763)	(22,699)	(9,227)
Net cash provided by financing activities	180,112	33,329	250,084
Net change in cash and cash equivalents	95,275	(251,938)	186,514
Beginning cash and cash equivalents	234,883	486,821	300,307
Ending cash and cash equivalents	330,158	234,883	486,821
Supplemental disclosures of cash flow information:
Interest paid on deposits and borrowed funds	70,065	21,770	13,471
Income taxes paid	19,388	13,835	12,400
Supplemental schedule of noncash activities:
Loans transferred to foreclosed assets	2,130	764	927
Premises and equipment transferred to foreclosed assets	172	0	0
Additions to mortgage servicing rights	$ 1,470	$ 3,069	$ 9,196

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations The following were subsidiaries of SPFI as of December 31, 2023: Wholly-Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly-Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (“SPFCT”) III-V Non-bank subsidiaries On April 1, 2023, SPFI entered into a Securities Purchase Agreement (“Agreement”) with Alliant Insurance Services, Inc. (“Alliant”), providing for the sale of Windmark Insurance Agency, Inc. (“Windmark”), City Bank’s wholly-owned subsidiary, through a sale of all of the outstanding shares of capital stock of Windmark to Alliant. The transaction was consummated on April 1, 2023. Pursuant to the terms and subject to the conditions of the Agreement, SPFI received an aggregate purchase price of $36.1 million in exchange for Windmark’s common shares, representing a pre-tax gain of $33.8 million. This transaction did not meet the criteria for discontinued operations reporting. Basis of Presentation and Consolidation The consolidated financial statements include the accounts of SPFI and its wholly-owned consolidated subsidiaries (collectively referred to as the “Company”) identified above. All significant intercompany balances and transactions have been eliminated in consolidation. The Company’s consolidated financial statements are prepared and presented in accordance with generally accepted accounting principles (“GAAP”) in the U.S. Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Determination of the adequacy of the allowance for credit losses (“ACL”) is a material estimate that is particularly susceptible to significant change in the near term; the assumptions used in stock-based compensation, derivatives, mortgage servicing rights, Accounting Changes and Recent Accounting Pronouncements – Updates to the FASB ASC are prescribed in Accounting Standards Updates (“ASUs”), which are not authoritative until incorporated into the ASC. ASU 2016-13 Financial Instruments - Credit Losses (Topic 326). The FASB issued guidance to replace the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (“CECL”) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables and held to maturity debt securities. The CECL model also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in sales type and direct financing leases recognized by a lessor in accordance with Topic 842 on leases. In addition, Topic 326 made changes to the accounting for securities available for sale. One such change is to require credit losses to be presented as an allowance rather than as a write-down on securities available for sale management does not intend to sell or believes that it is more likely than not they will be required to sell. The Company adopted the CECL model effective January 1, 2023 using the modified retrospective approach. As a result, the Company recognized a one-time, after tax cumulative effect adjustment of $997 thousand that reduced retained earnings, increased the ACL for loans by approximately $100 thousand and increased the ACL for off-balance sheet credit exposures by approximately $1.2 million. The Company made the following policy elections related to the adoption of the CECL model. First, accrued interest will be written off against interest income when financial assets are placed into nonaccrual status. Therefore, accrued interest will be excluded from the amortized cost basis for purposes of calculating the ACL. Accrued interest receivable is presented in a separate line item in the Consolidated Balance Sheets. Second, the fair value of collateral practical expedient has been elected on certain loans in determining the ACL, for which the repayment is expected to be provided substantially through the operation or sale of the collateral when the borrower is experiencing financial difficulty. The impact on the ACL resulting from the adoption of the CECL model is shown below. (Dollars in thousands) January 1, 2023 Pre-Adoption Impact of Adoption Post-Adoption Commercial real estate $ 13,029 $ 827 $ 13,856 Commercial – specialized 3,425 33 3,458 Commercial - general 9,215 (2,574 ) 6,641 Consumer: 1-4 family residential 6,194 1,700 7,894 Auto loans 3,926 (332 ) 3,594 Other consumer 1,376 (235 ) 1,141 Construction 2,123 683 2,806 Total allowance for credit losses on loans $ 39,288 $ 102 $ 39,390 Allowance for credit losses for off-balance sheet exposures $ 580 $ 1,160 $ 1,740 ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. This ASU eliminates guidance for troubled debt restructurings by creditors and enhances disclosure requirements for certain loan modifications by creditors for borrowers experiencing financial distress. This ASU defines types of modifications as principal forgiveness, interest rate reduction, other than insignificant payment delays, or a term extension. In addition, the ASU requires disclosure of current-period gross charge-offs, by year of origination, in the vintage disclosure. ASU 2019-12, Income Taxes, Simplifying the Accounting for Income Taxes (Topic 740). ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. The amendments in this Update modify the disclosure or presentation requirements of a variety of Topics in the Codification. Certain of the amendments represent clarifications to, or technical corrections of the current requirements. Each amendment in the ASU will only become effective if the SEC removes the related disclosure or presentation requirement from its existing regulations by June 30, 2027. The amendments in this ASU are not expected to have a material impact on the results of operations or financial position. ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments in this Update require public entities to disclose information about reportable segments’ significant expenses on an interim and annual basis. ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The amendments in this Update are Concentration of Credit Risk Comprehensive Income – C o Cash and Cash Equivalents The Company includes all cash on hand, balances due from other banks, and federal funds sold, all of which have original maturities within three months, as cash and cash equivalents in the accompanying consolidated financial statements. On March 15, 2020, the Federal Reserve Bank announced that it had reduced regulatory reserve requirements to zero percent effective on March 26, 2020; therefore, no cash is required to be maintained to satisfy regulatory reserve requirements. Securities of OCI, net of tax. Gains and losses on sales are recorded on the trade date, are derived from the amortized cost of the security sold and are determined using the specific identification method. A security is placed on nonaccrual status if principal or interest has been in default for a period of 90 days or more, or if full payment of principal and interest is not expected. The Company has made a policy election to exclude accrued interest receivable from the amortized cost basis of AFS securities and report the accrued interest in accrued interest receivable in the Consolidated Balance Sheets. Interest accrued but not received for a security placed on nonaccrual status is reversed against interest income. ACL (AFS Securities) – For AFS securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For AFS securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an ACL is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in OCI. Changes in the ACL are recorded as provision for credit losses. Losses are charged against the allowance when management believes the uncollectibility of an AFS security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest is excluded from the estimate of credit losses Prior to the adoption of ASU 2016-13, declines in the fair value of available-for-sale securities below their cost that were deemed to be other than temporary were reflected in earnings as realized losses. In estimating other-than-temporary impairment losses prior to January 1, 2023, management considered, among other things, (i) the length of time and the extent to which the fair value had been less than cost, (ii) the financial condition and near-term prospects of the issuer and (iii) the intent and our ability to retain our investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Nonmarketable Equity Securities Small Business Investment Company (“SBIC”) investments are equity interests in limited partnerships. The SBIC investments do not have readily determinable fair values and are recorded under the equity method of accounting at cost minus impairment, if any, plus or minus adjustments to the cost basis. Adjustments to the cost basis occur as a result of capital contributions, distributions, the Company’s share of earnings, or changes in the value of the Company’s equity position. The Company’s share of earnings is included in noninterest income with a one-quarter lag period. Loans The Company has made a policy election to exclude accrued interest from the amortized cost basis of loans and report accrued interest separately from the related loan balance in accrued interest receivable on the Consolidated Balance Sheets. Accrued interest receivable is excluded from the estimate of credit losses. Loans are placed on nonaccrual status when, in management’s opinion, collection of interest is unlikely, which typically occurs when principal or interest payments are more than ninety days past due. When interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. ACL (Loans) Expected losses are calculated using comparable and quantifiable information from both internal and external sources about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. Expected credit losses are estimated over the contractual term of the loans and adjusted for expected prepayments. The ACL is evaluated on a quarterly basis by management. The Company applied a dual credit risk rating (“DCRR”) methodology that estimates each loan’s probability of default and loss given default to calculate the expected credit loss to non-analyzed loans at January 1 and December 31, 2023. The DCRR process quantifies the expected credit loss at the loan level for the entire loan portfolio. Loan grades are assigned by a customized scorecard that risk rates each loan based on multiple probability of default and loss given default elements to measure the credit risk of the loan portfolio. The ACL estimate incorporates the Company’s DCRR loan level risk rating methodology and the expected default rate frequency term structure to derive loan level life of loan estimates of credit losses for every loan in the portfolio. The estimated credit loss for each loan is adjusted based on its one-year through the cycle estimate of expected credit loss to a life of loan measurement that reflects current conditions and reasonable and supportable forecasts. The life of loan expected loss is determined using the contractual weighted average life of the loan adjusted for prepayments. Prepayment speeds are determined by grouping the loans into pools based on segments and risk rating. After the life of loan expected losses are determined, they are adjusted to reflect the Company’s reasonable and supportable economic forecast over a selected range of one While management uses available information to recognize credit losses on loans, further reductions in the carrying amounts of loans may be necessary based on various factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated credit losses on loans. Such agencies may require the bank subsidiary to recognize additional credit losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated credit losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Loans that exhibit characteristics different from their pool characteristics are evaluated on an individual basis. Loans evaluated individually are not included in the collective ACL evaluation. When management determines that foreclosure is probable, or if certain of these loans are considered to be collateral dependent with the borrower experiencing financial difficulty, the Company elects the fair value of collateral practical expedient, whereby the allowance is calculated as the amount by which the amortized cost exceeds the fair value of collateral, less estimated costs to sell. Prior to the adoption of ASU 2016-13, the allowance for credit losses on loans was a contra-asset valuation account established through a provision for loan losses charged to expense, which represented management’s best estimate of inherent losses that had been incurred within the existing portfolio of loans. The allowance for credit losses on loans included allowance allocations calculated in accordance with ASC Topic 310, “Receivables” and allowance allocations calculated in accordance with ASC Topic 450, “Contingencies.” ACL (Off-Balance Sheet Credit Exposures) Acquired Loans adjusted for estimated prepayments and credit losses. In accordance with Topic 326, the fair value adjustment is recorded as premium or discount to the unpaid principal balance of each acquired loan. In addition, the Company also records an ACL on each acquired loan. Any acquired loans the Company determines have evidence of a more than insignificant deterioration in credit quality since origination, are considered to be purchase credit deteriorated (“PCD”) loans. The Company evaluates acquired loans for deterioration in credit quality based on any of, but not limited to, the following: (i) non-accrual status; (ii) risk rating, (iii) watchlist credits; and (iv) delinquency status. An ACL is determined using the same methodology as other individually evaluated loans. The sum of the PCD loan’s purchase price and ACL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a non-credit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACL are recorded through provision for credit losses. Mortgage Servicing Rights Under the fair value measurement method, the Company measures servicing rights at fair value at each reporting date and reports changes in the fair value of servicing rights in earnings in the period in which the changes occur, and are included with Other mortgage banking income in the consolidated financial statements. Servicing fee income, which is reported in the consolidated financial statements Other mortgage banking income Transfers of Financial Assets Loans Held for Sale under the fair value option Premises and Equipment Foreclosed Assets Bank-Owned Life Insurance ng consolidated financial statements Goodwill and Other Intangible Assets Core deposit intangible (“CDI”) is a measure of the value of checking and savings deposit relationships acquired in a business combination. The fair value of the CDI stemming from any given business combination is based on the present value of the expected cost savings attributable to the core deposit funding relative to an alternative source of funding. CDI is amortized over the estimated useful lives of the existing deposit relationships acquired, but does not exceed 10 years. Substantially all CDI is amortized using the sum of the years’ digits method. Mortgage Banking Derivatives In order to hedge the change in interest rates resulting from the commitments to fund the loans that will be sold through a best efforts contract, the Company enters into forward loans sales commitments for the future delivery of mortgage loans when interest rate locks are entered. At inception, these interest rate locks and the related forward loan sales commitments, adjusted for the expected exercise of the commitment before the loan is funded, are recorded with a zero value. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. In order to hedge the change in interest rates resulting from all other mortgage commitments to fund loans, the Company enters into forward sales of mortgage-backed securities contracts. At inception, these interest rate locks are recorded at fair value and are adjusted for the expected exercise of the commitment before the loan is funded. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. Changes in the fair values of these derivatives are included in net gain on sales of loans in the consolidated financial statements Derivatives Net cash settlements on derivatives that qualify for hedge accounting are recorded in interest income or interest expense, based on the item being hedged. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in noninterest income. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. The Company formally documents the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions at the inception of the hedging relationship. This documentation includes linking fair value or cash flow hedges to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative instruments that are used are highly effective in offsetting changes in fair values or cash flows of the hedged items. The Company discontinues hedge accounting when it determines that the derivative is no longer effective in offsetting changes in the fair value or cash flows of the hedged item, the derivative is settled or terminates, a hedged forecasted transaction is no longer probable, a hedged firm commitment is no longer firm, or treatment of the derivative as a hedge is no longer appropriate or intended. When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded as noninterest income. When a fair value hedge is discontinued, the hedged asset or liability is no longer adjusted for changes in fair value and the existing basis adjustment is amortized or accreted over the remaining life of the asset or liability. When a cash flow hedge is discontinued but the hedged cash flows or forecasted transactions are still expected to occur, gains or losses that were accumulated in OCI are amortized into earnings over the same periods which the hedged transactions will affect earnings. Leases – During the second quarter of 2022, the Company adopted Accounting Standards Update (“ASU”) No. 2016-02 — Leases (Topic 842), effective as of January 1, 2022, using the alternative transition method under the option to apply the lease standard at its effective date without adjusting the prior period comparative financial statements. The Company elected the package of practical expedients to not reassess: (i) whether any existing contracts are or contain a lease, (ii) the lease classification of any existing leases, and (iii) initial direct costs related to existing leases. The Company also elected to apply additional practical expedients to include both the lease and nonlease components of all leases as a single component and account for it as a lease and to use hindsight for leases existing at the adoption date. The Company recorded a $9.4 million right-of-use (“ROU”) asset, offset by a $10.3 million lease liability, and a $717 thousand, net of tax, cumulative effect adjustment that reduced retained earnings. Th ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized on the lease commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses an estimated incremental collateralized borrowing rate at lease inception, on a collateralized basis, over a similar term, when determining the present value of lease payments. No significant judgments or assumptions were involved in developing the estimated operating lease liabilities as the Company’s operating lease liabilities largely represent the future rental expenses associated with operating leases, and the incremental borrowing rates are based on publicly available interest rates. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease. These options to extend or terminate are assessed on a lease-by-lease basis, and the ROU assets and lease liabilities are adjusted when it is reasonably certain that an option will be exercised. Rental expense for lease payments is recognized on a straight-line basis over the lease term and is included in occupancy and equipment, net within our Consolidated Statements of Comprehensive Income (Loss). Revenue Recognition The majority of the Company’s revenues come from interest income and other sources, including loans, securities and derivatives, that are outside the scope of Topic 606. The Company’s services that fall within the scope of Topic 606 are presented within Noninterest Income and are recognized as revenue as the Company satisfies its obligation to the customer. Services within the scope of Topic 606 include service charges on deposit accounts, bank card services and interchange fees, investment commissions, fiduciary fees, and the sale of other real estate owned (“OREO”). Substantially all of the Company’s revenue is generated from contracts with customers. Noninterest income streams within the scope of Topic 606 are discussed below. Service Charges on Deposit Accounts The Company earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as stop payment charges, statement rendering, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Company fulfills the customer’s request. Account maintenance fees, which relate primarily to monthly maintenance, are earned over the course of a month, representing the period over which the Company satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer’s account balance. Bank Card Services and Interchange Fees The Company earns bank card service and interchange fees from debit and credit cardholder transactions conducted through card payment networks. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. Bank card services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees and service fees such as ATM use fees and are recognized at the time the transaction is executed. Investment Commissions and Fiduciary Trust Fees The Company earns investment commissions and fiduciary trust fees from its contracts with trust customers to manage assets for investment, and/or to transact on their accounts. These fees are primarily earned over time as the Company provides the contracted monthly or quarterly services and are generally assessed based on a tiered scale of the market value of assets under management (AUM) at month-end. Fees that are transaction based, including trade execution services, are recognized at the point in time that the transaction is executed, i.e., the trade date. Other related services provided include financial planning services and the fees the Company earns, which are based on a fixed fee schedule, are recognized when the services are rendered. In addition, certain trust customers have contracted with the Company to provide trust dissolution services, which are based on a unitary management fee treated as a single performance obligation. The Company’s performance obligation is satisfied over time based on the customer simultaneously receiving and consuming the benefits of the Company’s service. The unitary management fee is treated as variable consideration and is evaluated and included in the transaction price at the end of each reporting period (quarterly). Revenue is recognized based on a reasonable time based measure of progress towards the Company’s complete satisfaction of the performance obligation at the end of each respective reporting period, with the unearned amount based on progress measure being included in deferred contract liability. This variable consideration and the amount of revenue recognized is evaluated quarterly until the Company has entirely fulfilled its performance obligation, at which time the remaining unearned revenue is recognized. Gains/Losses on Sales of OREO The Company records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When the Company finances the sale of OREO to the buyer, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Company adjusts the transaction price and related gain (loss) on sale if a significant financing component is present. Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s noninterest revenue streams are largely based on transactional activity, or standard month-end revenue accruals. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and revenue is recognized. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. The Company did not have any significant contract balances at December 31, 2023 and 2022. Contract Acquisition Costs In connection with the adoption of Topic 606, an entity is required to capitalize, and subsequently amortize into expense, certain incremental costs of obtaining a contract with a customer if these costs are expected to be recovered. The incremental costs of obtaining a contract are those costs that an entity incurs to obtain a contract with a customer that it would not have incurred if the contract had not been obtained (for example, sales commission). The Company utilizes the practical expedient which allows entities to immediately expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in one year or less. Upon adoption of Topic 606, the Company did not capitalize any contract acquisition cost. Insurance Activities The Company’s revenue from insurance activities ceased subsequent to the sale of Windmark. The primary source of revenues for insurance activities were commissions from underwriting enterprises, based on a percentage of premiums paid by clients. These commissions and fees revenues were substantially recognized at a point in time on the effective date of the associated policies when control of the policy transferred to the client. Commissions were fixed at the contract effective date and generally were based on a percentage of premiums for insurance coverage. Commissions depended upon a large number of factors, including the type of risk being placed, the particular underwriting enterprise’s demand, the expected loss experience of the particular risk of coverage, and historical benchmarks surrounding the level of effort necessary for us to place and service the insurance contract. Stock-Based Compensation Advertising Income Taxes A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The State of Texas franchise tax is an income tax for financial reporting purposes under GAAP and the Company and its subsidiaries are subject to the modified tax as a combined group. Earnings per Share Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period. Fair Values of Financial Instruments Trust Assets Segment Information Subsequent Events The

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2023
SECURITIES [Abstract]
SECURITIES	2. SECURITIES The amortized cost, related gross unrealized gains and losses, allowance for credit losses, and estimated fair value of securities available for sale at year-end follows (dollars in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value December 31 2023 Available for sale: State and municipal $ 202,814 $ 2 $ (22,241 ) $ — $ 180,575 Residential mortgage-backed securities 351,251 — (50,547 ) — 300,704 Commercial mortgage-backed securities 47,898 — (6,150 ) — 41,748 Commercial collateralized mortgage obligations 72,391 — (461 ) — 71,930 Asset-backed and other amortizing securities 18,476 — (1,436 ) — 17,040 Other securities 12,000 — (1,235 ) — 10,765 $ 704,830 $ 2 $ (82,070 ) $ — $ 622,762 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2022 Available for sale: State and municipal $ 259,429 $ 27 $ (34,401 ) $ 225,055 Residential mortgage-backed securities 386,783 — (57,938 ) 328,845 Commercial mortgage-backed securities 49,161 — (7,194 ) 41,967 Commercial collateralized mortgage obligations 76,189 — (551 ) 75,638 Asset-backed and other amortizing securities 20,907 — (1,813 ) 19,094 Other securities 12,000 — (888 ) 11,112 $ 804,469 $ 27 $ (102,785 ) $ 701,711 The amortized cost and fair value of securities at December 31, 2023 are presented below by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Declining-balance securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Cost Fair Value Within 1 year $ 735 $ 735 After 1 year through 5 years 6,112 5,940 After 5 years through 10 years 16,897 15,640 After 10 years 191,070 169,024 Declining-balance securities 490,016 431,423 $ 704,830 $ 622,762 At December 31, 2023 and 2022, there were no holdings of securities of any one issuer, other than the U.S. government, its agencies, or its sponsored enterprises, in an amount greater than 10% of stockholders’ equity. Securities with a carrying value of approximately $438.9 million and $464.1 million at December 31, 2023 and 2022, respectively, were pledged to collateralize public deposits and for other purposes as required or permitted by law. The Company sold $56.2 million of available for sale securities in the second quarter of 2023. This resulted in realized losses on sale of $3.4 million. The following table segregates securities with unrealized losses at year-end, by the duration they have been in a loss position for which an allowance for credit losses has not been recorded (dollars in thousands): Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss December 31, 2023 State and municipal $ 207 $ — $ 177,908 $ 22,241 $ 178,115 $ 22,241 Mortgage-backed securities - residential 9 — 300,695 50,547 300,704 50,547 Mortgage-backed securities - commercial — — 41,748 6,150 41,748 6,150 Collateralized mortgage obligations — — 71,930 461 71,930 461 Asset-backed and other amortizing securities — — 17,040 1,436 17,040 1,436 Other securities 3,286 214 7,479 1,021 10,765 1,235 $ 3,502 $ 214 $ 616,800 $ 81,856 $ 620,302 $ 82,070 December 31, 2022 State and municipal $ 162,746 $ 23,538 $ 57,675 $ 10,863 $ 220,421 $ 34,401 Mortgage-backed securities - residential 220,752 27,967 108,080 29,971 328,832 57,938 Mortgage-backed securities - commercial 41,966 7,194 — — 41,966 7,194 Collateralized mortgage obligations 75,638 551 — — 75,638 551 Asset-backed and other amortizing securities 19,094 1,813 — — 19,094 1,813 Other securities 11,112 888 — — 11,112 888 $ 531,308 $ 61,951 $ 165,755 $ 40,834 $ 697,063 $ 102,785 There were 144 securities with an unrealized loss at December 31, 2023, generally due to increases in market rates. Management evaluates AFS securities in unrealized loss positions to determine whether the impairment is due to credit-related factors or non-credit related factors. Consideration is given to the extent to which the fair value is less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for the anticipated recovery in fair value. Management does not have the intent to sell any of the securities in an unrealized loss position as there are adequate liquidity sources to meet expected and unexpected funding needs. The fair value of these securities is expected to recover as the securities approach their maturity date or repricing date or if market yields for such investments decline. Accordingly, as of December 31, 2023, management believes the unrealized loss positions detailed in the previous table are due to non-credit related factors, including changes in interest rates and other market conditions, and therefore no ACL or losses have been recognized or realized in the consolidated financial statements.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	12 Months Ended
	Dec. 31, 2023
LOANS HELD FOR INVESTMENT [Abstract]
LOANS HELD FOR INVESTMENT	3. LOANS HELD FOR INVESTMENT Loans held for investment are summarized by category at year-end as follows (dollars in thousands): December 31, 2023 December 31, Commercial real estate $ 1,081,056 $ 919,358 Commercial - specialized 372,376 327,513 Commercial - general 517,361 484,783 Consumer: 1-4 family residential 534,731 460,124 Auto loans 305,271 321,476 Other consumer 74,168 81,308 Construction 129,190 153,519 3,014,153 2,748,081 Allowance for credit losses on loans (42,356 ) (39,288 ) Loans, net $ 2,971,797 $ 2,708,793 The Company has certain lending policies, underwriting standards, and procedures in place that are designed to maximize loan income with an acceptable level of risk. Management reviews and approves these policies, underwriting standards, and procedures on a regular basis and makes changes as appropriate. Management receives frequent reports related to loan originations, quality, concentrations, delinquencies, non-performing, and potential problem loans. Diversification in the loan portfolio is a means of managing risk associated with fluctuations in economic conditions, both by type of loan and geography. Commercial Real Estate Underwriting standards have been designed to determine whether the borrower possesses sound business ethics and practices, evaluate current and projected cash flows to determine the ability of the borrower to repay their obligations as agreed and ensure appropriate collateral is obtained to secure the loan. Commercial real estate loans are underwritten primarily based on projected cash flows for income-producing properties and collateral values for non-income-producing properties. The repayment of these loans is generally dependent on the successful operation of the property securing the loans or the sale or refinancing of the property. Real estate loans may be adversely affected by conditions in the real estate markets or in the general economy. The properties securing the Company’s real estate portfolio are diversified by type and geographic location. This diversity helps reduce the exposure to adverse economic events that affect any single market or industry. Commercial – General and Specialized – Commercial loans are underwritten after evaluating and understanding the borrower’s ability to operate profitably. Underwriting standards have been designed to determine whether the borrower possesses sound business ethics and practices, evaluate current and projected cash flows to determine the ability of the borrower to repay their obligations, as agreed and ensure appropriate collateral is obtained to secure the loan. Commercial loans are primarily made based on the identified cash flows of the borrower and, secondarily, on the underlying collateral provided by the borrower. Most commercial loans are secured by the assets being financed or other business assets, such as real estate, accounts receivable, or inventory, and typically include personal guarantees. Owner-occupied real estate is included in commercial loans, as the repayment of these loans is generally dependent on the operations of the commercial borrower’s business rather than on income-producing properties or the sale of the properties. Commercial loans are grouped into two distinct sub-categories: specialized and general. Commercial related segments that are considered “specialized” include agricultural production and real estate loans, energy loans, and finance, investment, and insurance loans. Commercial related segments that contain a broader diversity of borrowers, sub-industries, or serviced industries are grouped into the “general category.” These include goods, services, restaurant & retail, construction, and other industries. Performance of these loans is subject to operating and cash flow results of the borrower, with risk in the volatility of operating results for particular industries. Consumer Loans to consumers include 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. The Company utilizes a computer-based credit scoring analysis to supplement its policies and procedures in underwriting consumer loans. The Company’s loan policy addresses types of consumer loans that may be originated and the collateral, if secured, which must be perfected. The relatively smaller individual dollar amounts of consumer loans that are spread over numerous individual borrowers also minimizes the Company’s risk. The Company generally requires mortgage title insurance and hazard insurance on 1-4 family residential loans. All consumer loans are generally dependent on the risk characteristics of the borrower’s ability to repay the loan, a consideration of the debt to income ratio, employment and income stability, the loan-to-value ratio, and the age, condition and marketability of the collateral. Construction The ACL for loans was $42.4 million at December 31, 2023, compared to $39.3 million at December 31, 2022. The ACL for loans to loans held for investment was 1.41% at December 31, 2023 and 1.43% at December 31, 2022. The following table details the activity in the ACL for the years ended December 31, 2023, 2022, and 2021 (dollars in thousands). Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Impact of CECL Adoption Provision for Credit Losses (1) Charge-offs Recoveries Ending Balance For the year ended December 31, 2023 Commercial real estate $ 13,029 $ 827 $ 1,952 $ — $ — $ 15,808 Commercial - specialized 3,425 33 398 (11 ) 175 4,020 Commercial - general 9,215 (2,574 ) 42 (469 ) 177 6,391 Consumer: 1-4 family residential 6,194 1,700 1,278 (1 ) 6 9,177 Auto loans 3,926 (332 ) 698 (888 ) 197 3,601 Other consumer 1,376 (235 ) 688 (1,140 ) 279 968 Construction 2,123 683 (96 ) (319 ) — 2,391 $ 39,288 $ 102 $ 4,960 $ (2,828 ) $ 834 $ 42,356 (1) The $4.6 million provision for credit loss on the consolidated statement of comprehensive income (loss) includes a $5.0 million provision for credit losses on loans and a $(350) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2023. Beginning Balance Provision for Credit Losses Charge-offs Recoveries Ending Balance For the year ended December 31, 2022 Commercial real estate $ 17,245 $ (4,634 ) $ — $ 418 $ 13,029 Commercial - specialized 4,363 (1,745 ) (199 ) 1,006 3,425 Commercial - general 8,466 627 (328 ) 450 9,215 Consumer: 1-4 family residential 5,268 1,026 (140 ) 40 6,194 Auto loans 3,653 637 (508 ) 144 3,926 Other consumer 1,357 932 (1,167 ) 254 1,376 Construction 1,746 538 (166 ) 5 2,123 $ 42,098 $ (2,619 ) $ (2,508 ) $ 2,317 $ 39,288 Beginning Balance Provision for Credit Losses Charge-offs Recoveries Ending For the year ended December 31, 2021 Commercial real estate $ 18,962 $ (1,826 ) $ — $ 109 $ 17,245 Commercial - specialized 5,760 (1,386 ) (172 ) 161 4,363 Commercial - general 9,227 (302 ) (677 ) 218 8,466 Consumer: 1-4 family residential 4,646 666 (52 ) 8 5,268 Auto loans 4,226 (90 ) (598 ) 115 3,653 Other consumer 1,671 339 (903 ) 250 1,357 Construction 1,061 681 — 4 1,746 $ 45,553 $ (1,918 ) $ (2,402 ) $ 865 $ 42,098 During the year ended December 31, 2023, the provision for credit losses on loans of $5.0 million was driven primarily by organic loan growth experienced during 2023 and net charge-offs of $2.0 million during the year. The following table shows the Company’s amortized cost in loans and related ACL for collateral dependent loans by class using the fair value of collateral loss estimation methodology of evaluating expected credit losses at the date indicated (dollars in thousands). Equipment Real Estate Accounts Receivable Total Loans Individually Evaluated Total ACL for Individually Evaluated Loans December 31, 2023 Commercial real estate $ — $ — $ — $ — $ — Commercial - specialized — — — — — Commercial - general 353 691 — 1,044 142 Consumer: 1-4 family residential — 362 — 362 — Auto loans — — — — — Other consumer — — — — — Construction — 218 — 218 — $ 353 $ 1,271 $ — $ 1,624 $ 142 The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment at the date indicated (dollars in thousands): Recorded Investment ACL for Loans Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated December 31, 2022 Commercial real estate $ — $ 919,358 $ — $ 13,029 Commercial - specialized — 327,513 — 3,425 Commercial - general 3,350 481,433 22 9,193 Consumer: 1-4 family residential 742 459,382 18 6,176 Auto loans — 321,476 — 3,926 Other consumer — 81,308 — 1,376 Construction 1,014 152,505 245 1,878 $ 5,106 $ 2,742,975 $ 285 $ 39,003 Prior to the adoption of ASC 326 on January 1, 2023, loan was reported as impaired when, based on current information and events, it was probable that the Company would be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. All loans rated substandard or worse and greater than $250 thousand were specifically reviewed to determine if they were impaired. Loans that were determined to be impaired were then evaluated to determine estimated impairment, if any. Impairment could be measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Loans that were not individually determined to be impaired or were not subject to the specific review of impaired status were subject to the general valuation allowance portion of the allowance for loan losses. Impaired loans, or portions thereof, were charged off when deemed uncollectible. Impaired loan information at the date indicated follows (dollars in thousands): Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment December 31, 2022 Commercial real estate $ — $ — $ — $ — $ — $ 551 Commercial - specialized — — — — — — Commercial - general 3,350 799 2,551 3,350 22 4,214 Consumer: 1-4 family 742 486 256 742 18 1,167 Auto loans — — — — — — Other consumer — — — — — — Construction 1,014 686 328 1,014 245 507 $ 5,106 $ 1,971 $ 3,135 $ 5,106 $ 285 $ 6,439 All impaired loans $250 thousand and greater were specifically evaluated for impairment at December 31, 2022 The table below provides an age analysis on accruing past-due loans and nonaccrual loans at year-end (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual Nonaccrual with no ACL December 31, 2023 Commercial real estate $ 499 $ 86 $ — $ — Commercial - specialized 521 — 213 — Commercial - general 1,316 296 953 — Consumer: 1-4 Family residential 793 1,390 1,828 362 Auto loans 1,208 60 — — Other consumer 1,134 103 30 — Construction 759 — 218 218 $ 6,230 $ 1,935 $ 3,242 $ 580 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual December 31, 2022 Commercial real estate $ 342 $ 27 $ — Commercial - specialized 25 13 38 Commercial - general 1,451 60 3,357 Consumer: 1-4 Family residential 1,389 1,653 1,356 Auto loans 707 85 — Other consumer 1,487 149 37 Construction 550 — 1,014 $ 5,951 $ 1,987 $ 5,802 Credit Quality Indicators The Company grades its loans on a thirteen-point grading scale. These grades fit in one of the following categories: (i) pass, (ii) special mention, (iii) substandard, (iv) doubtful, or (v) loss. Loans categorized as loss are charged-off immediately. The grading of loans reflect a judgment by the Company about the risks of default associated with the loan. The Company reviews the grades on loans as part of the Company’s on-going monitoring of the credit quality of the loan portfolio. These risk ratings are assigned based on relevant information about the ability of the borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. Pass loans have financial factors or nature of collateral that are considered reasonable credit risks in the normal course of lending and encompass several grades that are assigned based on varying levels of risk, ranging from credits that are secured by cash or marketable securities, to watch credits which have all the characteristics of an acceptable credit risk but warrant more than the normal level of monitoring. Special mention loans have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of repayment prospects for the loans at some future date. Substandard loans are inadequately protected by the current net worth and paying capacity of the borrower or by the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize collection and present the distinct possibility that some loss will be sustained if the deficiencies are not corrected. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed. Substandard loans can be accruing or can be nonaccrual depending on the circumstances of the individual loans. Doubtful loans have all the weaknesses inherent in substandard loans with the added characteristics that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. All doubtful loans are on nonaccrual. In connection with the review of the Company’s loan portfolio, management considers risk elements attributable to particular loan type or categories in assessing the quality of individual loans. The list of loans to be analyzed for individual evaluation consists of non-accrual loans over $250 thousand with direct exposure. Interest income recognized using a cash-basis method on non-accrual loans for the year ended December 31, 2023 was not significant. In addition, the Company closely monitors substandard accruing loans over $1 million with direct exposure, and past due accruing loans over $100 thousand for possible individual evaluation. All other loans will be evaluated collectively in designated pools unless a loss exposure has been identified. Additional funds committed to be advanced on individually analyzed loans are not significant. The following table reflects the amortized cost basis in loans by credit quality indicator and origination year at December 31, 2023, December 31, 2023, excluding loans held for sale. Loans acquired are shown in the table by origination year, not merger date. The Company had an immaterial amount of revolving loans converted to term loans at December 31, 2023. Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial real estate: Pass $ 254,766 $ 324,601 $ 189,211 $ 50,660 $ 47,988 $ 174,859 $ 3,842 $ 1,045,927 Special mention — — — 11,677 — — — 11,677 Substandard — 82 21,152 1,699 149 370 — 23,452 Total commercial real estate loans $ 254,766 $ 324,683 $ 210,363 $ 64,036 $ 48,137 $ 175,229 $ 3,842 $ 1,081,056 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial - specialized: Pass $ 117,912 $ 56,152 $ 57,839 $ 19,883 $ 10,376 $ 22,758 $ 83,368 $ 368,288 Special mention — 2,938 — — — — 300 3,238 Substandard — 105 196 393 19 137 — 850 Total commercial - specialized loans $ 117,912 $ 59,195 $ 58,035 $ 20,276 $ 10,395 $ 22,895 $ 83,668 $ 372,376 Current period gross charge-offs $ — $ — $ — $ 11 $ — $ — $ — $ 11 Commercial - general: Pass $ 88,911 $ 128,627 $ 90,957 $ 35,794 $ 45,660 $ 68,990 $ 44,131 $ 503,070 Special mention — — — — — 1,565 250 1,815 Substandard 201 2,930 4,676 227 2,749 1,442 251 12,476 Total commercial - general loans $ 89,112 $ 131,557 $ 95,633 $ 36,021 $ 48,409 $ 71,997 $ 44,632 $ 517,361 Current period gross charge-offs $ — $ 47 $ 50 $ 33 $ 18 $ 321 $ — $ 469 Consumer: 1-4 family residential: Pass $ 113,897 $ 156,549 $ 106,619 $ 51,940 $ 31,345 $ 56,666 $ 3,770 $ 520,786 Special mention — — — — — — — — Substandard 376 382 4,238 708 3,758 4,483 — 13,945 Total consumer: 1-4 family residential loans $ 114,273 $ 156,931 $ 110,857 $ 52,648 $ 35,103 $ 61,149 $ 3,770 $ 534,731 Current period gross charge-offs $ — $ — $ 1 $ — $ — $ — $ — $ 1 Consumer: auto loans: Pass $ 106,149 124,588 48,686 16,524 6,812 1,935 — 304,694 Special mention — — — — — — — — Substandard 16 189 199 60 81 32 — 577 Total consumer: auto loans $ 106,165 $ 124,777 $ 48,885 $ 16,584 $ 6,893 $ 1,967 $ — $ 305,271 Current period gross charge-offs $ 113 $ 377 $ 254 $ 14 $ 49 $ 81 $ — $ 888 Consumer: other consumer: Pass $ 23,719 $ 26,899 $ 10,198 $ 3,190 $ 2,539 $ 6,107 $ 1,364 $ 74,016 Special mention — — — — — — — — Substandard — 13 44 10 — 84 1 152 Total consumer: other consumer loans $ 23,719 $ 26,912 $ 10,242 $ 3,200 $ 2,539 $ 6,191 $ 1,365 $ 74,168 Current period gross charge-offs (1) $ 624 $ 244 $ 88 $ 32 $ 72 $ 80 $ — $ 1,140 Construction: Pass $ 61,903 $ 53,930 $ 5,511 $ 331 $ — $ — $ 6,250 $ 127,925 Special mention 131 — 820 — — — — 951 Substandard — 314 — — — — — 314 Total construction loans $ 62,034 $ 54,244 $ 6,331 $ 331 $ — $ — $ 6,250 $ 129,190 Current period gross charge-offs $ 48 $ — $ 271 $ — $ — $ — $ — $ 319 (1) Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations. The following table summarizes loans by credit quality indicator at December 31, 2022 Pass Special Mention Substandard Doubtful Total Commercial real estate $ 893,312 $ — $ 26,046 $ — $ 919,358 Commercial - specialized 326,987 — 526 — 327,513 Commercial - general 451,639 — 33,144 — 484,783 Consumer: 1-4 family residential 450,034 — 10,090 — 460,124 Auto loans 321,158 — 318 — 321,476 Other consumer 81,109 — 199 — 81,308 Construction 151,995 — 1,524 — 153,519 $ 2,676,234 $ — $ 71,847 $ — $ 2,748,081 Occasionally, the Company modifies loans to borrowers in financial distress by providing principal forgiveness, term extensions, an other than insignificant payment delay, or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses. Typically, one type of concession, such as term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. In some cases, the Company provides multiple types of concessions on one loan. For the loans included in the “combination” columns below, multiple types of modifications have been made on the same loan within the current reporting period. The following table presents the amortized cost basis of loans at December 31, 2023 that were both experiencing financial difficulty and modified during the year ended December 31, 2023, by class and by type of modification . Payment Delay Term Extension Term Extension and Payment Delay Term Extension and Interest Rate Reduction Payment Delay and Interest Rate Reduction Payment Delay, Term Extension, and Interest Rate Reduction Total Class of Financing Receivable December 31, 2023 Commercial real estate $ — $ 2,118 $ 127 $ — $ — $ — 0.21 % Commercial - specialized 103 — 81 686 — — 0.23 % Commercial - general 266 6,995 598 109 — 28 1.55 % Consumer: 1-4 family 187 390 87 — — 7 0.13 % Auto loans 34 35 17 — 42 — 0.04 % Other consumer — — — — 7 — 0.01 % Construction — 2,315 302 — — — 2.03 % $ 590 $ 11,853 $ 1,212 $ 795 $ 49 $ 35 0.48 % The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following presents the performance of such loans that have been modified in the year ended December 31, 2023 (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual December 31, 2023 Commercial real estate $ — $ — $ — Commercial - specialized — — 265 Commercial - general 69 33 63 Consumer: 1-4 Family residential — — — Auto loans 69 — — Other consumer — — — Construction — — 272 $ 138 $ 33 $ 600 The following table presents the financial effects of the loan modifications presented above to borrowers experiencing financial difficulty for the year ended December 31, 2023 Principal Forgiveness Weighted- Average Interest Rate Reduction Weighted- Average Term Extension (Months) December 31, 2023 Commercial real estate $ — — 5 Commercial - specialized — 0.86 % 56 Commercial - general — 1.97 % 16 Consumer: 1-4 Family residential — 1.75 % 16 Auto loans — 0.86 % 11 Other consumer — 4.75 % — Construction — — 6 $ — 1.07 % 15 As of December 31, 2023, the Company had one loan relationship made to borrowers experiencing financial difficulty that was modified during the year ended December 31, 2023 that subsequently defaulted, totaling $297 thousand. Payment default is defined as movement to nonperforming status, foreclosure, or charge-off. Upon the Company’s determination that a modified loan has subsequently been deemed to not be fully collectible, the uncollectible amount is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. Prior-period troubled debt restructuring (“TDR”) disclosures Prior to adopting the new accounting standard on loan modifications, the Company accounted for modifications of loans to borrowers experiencing financial difficulty as TDRs, when the modification resulted in a concession and specific reserves were charged to the ACL, if necessary, for the amount of estimated credit loss. The Company had no loans modified as a TDR during the years ended December 31, 2022 and 2021.

FORECLOSED ASSETS

FORECLOSED ASSETS	12 Months Ended
	Dec. 31, 2023
FORECLOSED ASSETS [Abstract]
FORECLOSED ASSETS	4. FORECLOSED ASSETS Foreclosed assets activity was as follows for the periods presented below (dollars in thousands): For the Year Ended December 31, 2023 2022 2021 Beginning balance $ 169 $ 1,032 $ 1,353 Additions 2,302 764 927 Sales, net (1,417 ) (1,627 ) (1,248 ) Current year valuation write-down (142 ) — — Ending balance $ 912 $ 169 $ 1,032 There was no activity in the valuation allowance for the years ended December 31, 2022 and 2021. Net expenses related to foreclosed assets include the following for the periods presented below (dollars in thousands): For the Year Ended December 31, 2023 2022 2021 Net gain on sales $ — $ (424 ) $ (44 ) Current year valuation write-down 142 — — Operating expenses, net of rental income 42 65 57 Foreclosed assets expense, net $ 184 $ (359 ) $ 13

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2023
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	5. PREMISES AND EQUIPMENT Detail of premises and equipment at year-end follows (dollars in thousands): December 31, 2023 2022 Land $ 9,530 $ 10,065 Buildings and improvements 66,558 63,995 Furniture and equipment 51,225 47,967 Construction in process 396 2,378 127,709 124,405 Less accumulated depreciation (72,639 ) (68,068 ) Premises and equipment, net $ 55,070 $ 56,337 Depreciation expense for the years ended December 31, 2023, 2022 and 2021 was approximately $5.1 million, $5.1 million, and $4.8 million, respectively.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2023
LEASES [Abstract]
LEASES	6. LEASES Lessee Arrangements The Company leases space, primarily for branch facilities and small equipment under operating leases. The Company’s leases often include one or more options to renew at the Company’s discretion, and some of the Company’s leases include options to terminate within one year. When it is reasonably certain that the Company will exercise the option to renew or extend the lease term, that option is included in estimating the value of the ROU asset and lease liability. The Company’s leases contain customary restrictions and covenants and do not contain any residual value guarantees. The Company has certain intercompany leases and subleases between its subsidiaries, and these transactions and balances have been eliminated in consolidation and are not reflected in the tables and information presented below. As of December 31, 2023 and 2022, the Company had no finance leases. The balance sheet components of the Company’s leases at year-end are as follows (in thousands): December 31, 2023 December 31, 2022 Operating lease right of use assets (included in Other assets $ 8,681 $ 7,938 Operating lease liabilities (included in Accrued expenses and other liabilities 9,630 8,897 The Company does not generally enter into leases which contain variable payments, other than due to the passage of time. Operating lease costs, including short-term lease costs were $2.9 million, $2.9 million and $2.5 million, respectively , Supplemental cash flow information related to leases is as follows (in thousands): Year Ended December 31, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used in operating leases $ 2,004 $ 1,976 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 2,515 $ — For operating leases, the Company’s weighted average remaining lease terms and weighted average discount rate was 9.90 years and 5.51%, respectively, as of December 31, 2023, and 9.83 years and 4.65%, respectively, as of December 31, 2022. Future undiscounted lease payments at December 31, 2023, under operating lease agreements, are presented below (in thousands). 2024 $ 1,772 2025 1,437 2026 1,375 2027 1,324 2028 1,169 Thereafter 5,570 Total minimum lease payments 12,647 Less: Amount representing interest 3,017 Lease liabilities $ 9,630 As of December 31, 2023, the Company had no significant additional operating leases that have not yet commenced. Lessor Arrangements The Company leases certain facilities and office space under operating lease agreements to outside parties. Operating lease income for the years ended December 31, 2023, 2022, and 2021 was $839 thousand, $800 thousand, and $890 thousand, respectively, and is included in occupancy and equipment, net

GOODWILL AND INTANGIBLES

GOODWILL AND INTANGIBLES	12 Months Ended
	Dec. 31, 2023
GOODWILL AND INTANGIBLES [Abstract]
GOODWILL AND INTANGIBLES	7. GOODWILL AND INTANGIBLES The Company had goodwill of $19.3 million and $19.5 million Other intangible assets, which consisted of CDI, customer lists, and employment agreements at the dates indicated are summarized below (dollars in thousands): December 31, 2023 2022 Amortized intangible assets: Core deposit intangible $ 6,679 $ 6,679 Less: Accumulated amortization (4,250 ) (3,420 ) 2,429 3,259 Other intangibles — 2,972 Less: Accumulated amortization — (1,882 ) — 1,090 Other intangible assets, net $ 2,429 $ 4,349 On April 1, 2023, the sale of Windmark was completed, resulting in the removal of goodwill and other intangible assets, net of accumulated amortization, of $193 thousand and $942 thousand, respectively. Amortization expense for other intangibles for the years ended December 31, 2023, 2022, and 2021 totaled $1.0 million, $1.5 million, and $1.7 million, respectively. The estimated amount of amortization expense for core deposit intangibles to be recognized over the next five years is as follows (dollars in thousands): 2024 $ 708 2025 587 2026 466 2027 344 2028 223

MORTGAGE SERVICING RIGHTS

MORTGAGE SERVICING RIGHTS	12 Months Ended
	Dec. 31, 2023
MORTGAGE SERVICING RIGHTS [Abstract]
MORTGAGE SERVICING RIGHTS	8. MORTGAGE SERVICING RIGHTS The following table reflects the changes in fair value of the Company’s mortgage servicing rights asset included in the Consolidated Balance Sheets, and other information related to the serviced portfolio for the periods or dates presented (dollars in thousands): Year Ended December 31, 2023 2022 2021 Beginning balance $ 27,474 $ 19,700 $ 9,049 Additions 1,470 3,069 9,196 Valuation adjustment (2,375 ) 4,705 1,455 Ending balance $ 26,569 $ 27,474 $ 19,700 December 31, 2023 2022 Mortgage loans serviced for others $ 2,001,476 $ 2,046,490 Mortgage servicing rights assets as a percentage of serviced mortgage loans 1.33 % 1.34 % The following table reflects the key assumptions used in measuring the fair value of the Company’s mortgage servicing rights as of the dates indicated: December 31, 2023 2022 Weighted average constant prepayment rate 7.46 % 7.47 % Weighted average discount rate 10.66 % 9.15 % Weighted average life in years 8.09 7.91

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2023
DEPOSITS [Abstract]
DEPOSITS	9. DEPOSITS Time deposits that met or exceeded the Federal Deposit Insurance Corporation (“FDIC”) Insurance limit of $250,000 were $170.4 million and $131.0 million at December 31, 2023 and 2022, respectively. The scheduled maturities of time deposits at December 31, 2023 follows (dollars in thousands): 2024 $ 339,979 2025 19,665 2026 3,864 2027 1,728 2028 2,272 Thereafter 207 $ 367,715

BORROWING ARRANGEMENTS

BORROWING ARRANGEMENTS	12 Months Ended
	Dec. 31, 2023
BORROWING ARRANGEMENTS [Abstract]
BORROWING ARRANGEMENTS	10. BORROWING ARRANGEMENTS Short-term borrowings There were no balances as of December 31, 2023 and 2022 related to federal funds purchased or FHLB short-term advances. Federal funds purchased are short-term borrowings that generally have one-day maturities. Lines of credit The bank subsidiary has a line of credit with FHLB. The amount of the line is determined by FHLB on a quarterly basis. The line is primarily used to purchase Federal funds or to secure letters of credit to pledge as collateral against certain public deposits. The line is collateralized by a blanket floating lien on all first mortgage loans and commercial real estate loans as well as all FHLB stock, which has a carrying amount of $3.0 million and $2.8 million at December 31, 2023 and 2022. The available capacity of the line was $1.1 billion and $920.2 million with no outstanding borrowings The bank subsidiary also has a line of credit with the Federal Reserve Bank of Dallas (“FRB”). The amount of the line is determined on a monthly basis by FRB. The line is collateralized by a blanket floating lien on all agriculture, commercial, and consumer loans. The amount of the line was $595.4 million and $648.3 million at December 31, 2023 and 2022, respectively. This line was not used at December 31, 2023 or 2022. In addition, the bank subsidiary also has access to the Bank Term Funding Program (“BTFP”) established by the Board of Governors of the Federal Reserve System (the “Federal Reserve”). As of December 31, 2023, the Company has not pledged any securities for the BTFP but has approximately The bank subsidiary also has uncollateralized lines of credit with multiple banks. The total amount of the lines was $140.0 million and $160.0 million as of December 31, 2023 and 2022, respectively. These lines were not used at December 31, 2023 or 2022. Notes payable and other borrowings The bank had no FHLB advances outstanding at December 31, 2023 or 2022 Junior subordinated deferrable interest debentures and trust preferred securities The Company established grantor trusts (“trusts”) that issued obligated mandatorily redeemable preferred securities (“TPS”); the Company issued junior subordinated deferrable interest debentures (debentures) to the trusts. The trusts are not consolidated and the debentures issued by the Company to the trusts are reflected in the Company’s consolidated balance sheets. The Company records interest expense on the debentures in its consolidated financial statements. The common capital securities issued by the trusts ($1.4 million) are included in other assets in the Company’s consolidated balance sheets under the equity method of accounting. The amount of the capital securities represents the Company’s maximum exposure to loss. The Company is required by the Federal Reserve to maintain certain levels of capital for bank regulatory purposes. The debentures issued by the trusts to the Company, less the common capital securities of the trusts, continue to qualify as Tier 1 capital, subject to limitation to 25% of Tier 1 capital, under guidance issued by the Federal Reserve. Although the trusts are not consolidated in these consolidated financial statements, the TPS remain outstanding with terms substantially the same as the debentures. The Company’s interest payments on its debentures are the sole source of repayment for the TPS. Additionally, the Company guarantees payment of interest and principal on the TPS. The terms of the debentures and TPS allow for interest to be deferred for up to five years consecutively. During this time, shareholder dividends are not allowed to be paid. The following table is a detail of the debentures and TPS at December 31, 2023 (dollars in thousands): Issue Date Amount of TPS Amount of Debentures Stated Maturity Date of TPS and Debentures (1) Interest Rate of TPS and Debentures (2)(3) SPFCT III 2004 $ 10,000 $ 10,310 2034 3-mo. CME Term SOFR + 291bps; 8.32% SPFCT IV 2005 20,000 20,619 2035 3-mo. CME Term SOFR + 165bps; 7.04% SPFCT V 2007 15,000 15,464 2037 3-mo. CME Term SOFR + 176bps; 7.15% Total $ 45,000 $ 46,393 (1) May be redeemed five years from the issue date, the Company has no current plans to redeem; (2) Interest payable quarterly with principal due at maturity; (3) Rate as of last reset date. Subordinated debt In December 2018, the Company issued $26.5 million in subordinated notes. Notes totaling $12.4 million (the “2028 Notes”) have a maturity date of December 2028 December 2030 Wall Street Journal On November 8, 2023, the Company notified holders of its 2028 Notes that it had elected to redeem all the outstanding 2028 Notes effective on December 15, 2023 (the “Redemption Date”). Each of the 2028 Notes were redeemed pursuant to the terms of the Indenture, dated as of December 14, 2018, between the Company and Argent Trust Company, N.A., as trustee for the 2028 Notes (the “Trustee”), at the redemption price totaling approximately $12.4 million in aggregate principal amount, plus accrued and unpaid interest. As provided in the redemption notice, on the Redemption Date, the Trustee paid the relevant Redemption Price to the holders of 2028 Notes appearing on the books and records of the Trustee on the Redemption Date. The 2028 Notes ceased to represent the right to payment of principal and interest upon the payment to the holders of 2028 Notes by the Trustee representing the Redemption Price. The Company received all necessary regulatory approvals for the redemption of the 2028 Notes. On September 29, 2020, the Company issued $50.0 million in subordinated notes. Proceeds were reduced by approximately $926 thousand in debt issuance costs. The notes have a maturity date of September 2030 , semi-annually, are unsecured, and may be called by the Company at any time after the remaining maturity is five years or less. Additionally, these notes qualify for Tier 2 capital treatment, subject to regulatory limitations. As of December 31, 2023, the total amount of subordinated notes outstanding was $64.1 million less approximately $325 thousand of remaining debt issuance costs for a total balance of $63.8 million. As of December 31, 2022, the total amount of subordinated notes outstanding was $76.5 million less approximately $511 thousand of remaining debt issuance costs for a total balance of $76 million.

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	12 Months Ended
	Dec. 31, 2023
EMPLOYEE BENEFITS [Abstract]
EMPLOYEE BENEFITS	11. EMPLOYEE BENEFITS The Company sponsored the South Plains Financial, Inc. Employee Stock Ownership Plan (“ESOP”). Effective May 9, 2019, the ESOP was restated and amended. The 401(k) related assets, which consisted of participants’ elective and rollover accounts, were transferred to the newly formed City Bank 401(k) Plan (the “401(k) Plan”). The ESOP covered all employees who have completed one month of service. On December 30, 2022, the board of directors of the Company adopted resolutions to terminate the ESOP, effective as of December 31, 2022. Upon termination of the ESOP, all ESOP participants became fully vested in their ESOP benefits without regard to whether they were fully vested in such benefits as of the effective date of the termination. As a result of the ESOP termination, all ESOP assets were distributed to the ESOP participants in a lump sum distribution of cash and Company stock, without consideration as to whether the participant consented to such distribution. However, in the event that an ESOP participant’s account exceeded $1,000 and the participant failed to consent to the distribution, the participant’s account balance was distributed to an individual retirement account for the participant’s benefit. Furthermore, if an ESOP participant’s account balance was $10,000 or less and the participant elected to receive a cash distribution, then the account balance was distributed to the ESOP participant in a lump sum cash payment. All ESOP participant account balances were distributed by April 30, 2023. As of December 31, 2022 , the number of shares held by the ESOP was 2,574,100 and all were allocated to participants. Under the provisions of the 401(k) Plan, participants may elect to contribute pre-tax salary deferrals and direct investment of those salary deferrals among investments offered in the 401(k) Plan. The Company may elect to contribute a safe harbor match equal to 100% of the first 5% of the participants’ compensation contributed. The expense for Company contributions to the 401(k) Plan was $1.8 million in 2023, . Employee Health Benefits Non-Qualified Plans nonqualified unfunded

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2023
STOCK-BASED COMPENSATION [Abstract]
STOCK-BASED COMPENSATION	12. STOCK-BASED COMPENSATION Equity Incentive Plan The 2019 Equity Incentive Plan (“Plan”) was approved by the Company’s Board of Directors on January 16, 2019 and by its shareholders on March 6, 2019. The purpose of the Plan is to: (i) attract and retain the best available personnel for positions of substantial responsibility, (ii) provide additional incentive to employees, directors and consultants, and (iii) promote the success of the Company’s business. This Plan permits the grant of incentive stock options, non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares, and other stock-based awards. The maximum aggregate number of shares of common stock that may be issued pursuant to all awards under the Plan was 4,426,996 at December 31, 2023. The maximum aggregate number of shares that may be issued under the Plan may be increased annually by up to 3% of the total issued and outstanding common shares of the Company at the beginning of each fiscal year. The fair value of each option award is estimated on the date of grant using the Black-Scholes model that uses the assumptions noted in the table below. Expected volatilities are based on historical volatilities of the Company’s common stock and similar peer company averages. The Company uses historical data to estimate option exercise and post-vesting termination behavior. The expected term of options granted represents the period of time that options granted are expected to be outstanding, which takes in to account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on U.S. Treasury yield curve in effect at the time of the grant. Options A summary of activity in the Plan during the year ended December 31, 2023 is presented in the table below (dollars in thousands, except per share data): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life in Years Aggregate Intrinsic Value Year Ended December 31, 2023 Outstanding at beginning of year: 1,354,189 $ 16.11 $ 17,416 Granted 47,816 27.46 72 Exercised (117,292 ) 11.96 (1,994 ) Forfeited (1,125 ) 20.19 (10 ) Expired (2,730 ) 17.47 (31 ) Balance, December 31, 2023 1,280,858 $ 16.91 5.11 $ 15,453 Exercisable at end of period 1,082,939 $ 15.80 4.68 $ 14,265 Vested at end of period 1,082,939 $ 15.80 4.68 $ 14,265 A summary of assumptions used to calculate the fair values of the awards granted during the periods noted is presented below: Year Ended December 31, 2023 2022 2021 Expected volatility 39.13% to 39.68% 40.20% to 40.29% 41.20% to 41.32% Expected dividend yield 1.74% to 1.90% 1.30% 1.00% Expected term (years) 6.1 6.3 6.1 to 6.3 6.1 to 6.2 Risk-free interest rate 3.91% to 3.98% 1.56% to 1.95% 0.52% to 0.83% Weighted average grant date fair value $ 10.26 $ 10.54 $ 7.07 The total intrinsic value of options exercised during the years ended December 31, 2023, 2022, and 2021 was $1.8 million, $3.9 million, and $2.1 million, respectively. Restricted Stock Awards and Units A summary of activity in the Plan during the year ended December 31, 2023 is presented in the table below: Number of Shares Weighted-Average Grant Date Fair Value Year Ended December 31, 2023 Outstanding at beginning of year: 84,342 $ 26.76 Granted 85,127 25.33 Exercised (38,141 ) 24.40 Forfeited (5,411 ) 25.22 Balance, December 31, 2023 125,917 $ 26.58 Restricted stock units granted under the Plan typically vest from one For the years ended December 31, 2023, 2022, and 2021 the Company recorded stock-based compensation expense related to the Plan of $2.2 million, $2.8 million and $1.6 million, respectively. The total unrecognized compensation cost for the awards outstanding under the Plan at December 31, 2023 was $2.9 million and will be recognized over a weighted average remaining period of 1.66 years.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
INCOME TAXES [Abstract]
INCOME TAXES	13. INCOME TAXES The components of income tax expense (benefit) was as follows for the periods indicated (dollars in thousands): Year Ended December 31, 2023 2022 2021 Current expense Federal $ 16,192 $ 13,250 $ 12,834 State 381 302 220 Deferred expense Federal 99 1,359 1,453 Total $ 16,672 $ 14,911 $ 14,507 Effective tax rates differ from the federal statutory rate of 21% applied to income before income taxes due to the following for the periods indicated (dollars in thousands): Year Ended December 31, 2023 2022 2021 Federal statutory rate times financial statement income $ 16,678 $ 15,362 $ 15,355 Effect of: Tax-exempt income (836 ) (953 ) (978 ) State taxes, net of federal benefit 301 239 174 Earnings from bank owned life insurance (279 ) (251 ) (262 ) Non-deductible expenses 675 409 281 Other, net 133 105 (63 ) Total $ 16,672 $ 14,911 $ 14,507 Effective tax rate 20.99 % 20.38 % 19.84 % Year-end deferred tax assets and liabilities were due to the following at year-end (dollars in thousands): December 31, 2023 2022 Deferred tax assets Allowance for credit losses $ 8,895 $ 8,251 Deferred compensation 5,640 6,118 Leases 200 201 Other real estate owned 30 — Nonaccrual loans 78 71 Unrealized gain on available-for-sale securities 17,234 21,579 Other 456 286 Total deferred tax assets 32,533 36,506 Deferred tax liabilities Depreciation (2,800 ) (2,672 ) Intangibles (626 ) (505 ) Prepaid expenses (564 ) (355 ) Mortgage servicing rights (5,580 ) (5,770 ) Other (3,550 ) (4,386 ) Total deferred tax liabilities (13,120 ) (13,688 ) Net deferred tax asset $ 19,413 $ 22,818

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
RELATED-PARTY TRANSACTIONS [Abstract]
RELATED-PARTY TRANSACTIONS	14. RELATED-PARTY TRANSACTIONS Direct and indirect loans to executive officers, directors, significant stockholders and their related affiliates as of December 31, 2023 and 2022 aggregated approximately $10.7 million and $9.7 million, respectively. There were no charge-offs related to these loans in 2023 or 2022 and any advance and repayment activity was routine. Deposits from these related parties in the consolidated financial statements were not significant.

OFF-BALANCE-SHEET ACTIVITIES, C

OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2023
OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES [Abstract]
OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES	15. OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES Financial instruments with off-balance-sheet risk The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Company’s consolidated financial statements. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making commitments as it does for recorded instruments. Financial instruments whose contract amounts represent credit risk outstanding at year-end follow (dollars in thousands): December 31, 2023 2022 Commitments to grant loans and unfunded commitments under lines of credit $ 598,800 $ 682,296 Standby letters-of-credit 11,503 13,864 Commitments to grant loans and extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those letters of credit are primarily issued to support public and private borrowing arrangements. Essentially all letters of credit issued have expiration dates within one year. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company requires collateral supporting those commitments if deemed necessary. Litigation The Company is a defendant in legal actions arising from time to time in the normal course of business. Management believes that the ultimate liability, if any, arising from these matters will not materially affect the consolidated financial statements, based on information known as of the date the consolidated financial statements were available to be issued. FHLB Letters of Credit – The Company has used FHLB letters of credit to pledge to certain public deposits. There were no FHLB letters of credit outstanding at December 31, 2023 or 2022.

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2023
CAPITAL AND REGULATORY MATTERS [Abstract]
CAPITAL AND REGULATORY MATTERS	16. CAPITAL AND REGULATORY MATTERS The Company and its bank subsidiary are subject to various regulatory capital requirements administered by its banking regulators. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and its bank subsidiary’s financial statements. Under capital guidelines and the regulatory framework for prompt corrective action, the Company and its bank subsidiary must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Company and its bank subsidiary to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of December 31, 2023 and 2022, that the Company and its bank subsidiary met all capital adequacy requirements to which they are subject. As of December 31, 2023 and 2022, the Company met the definition of “well-capitalized” under the applicable regulations of the Board of Governors of the Federal Reserve System and the bank subsidiary was “well capitalized” under the FDIC’s regulatory framework for prompt corrective action and the Basel III capital guidelines. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the following tables. There are no conditions or events since December 31, 2023 that management believes have changed the bank subsidiary’s category. The Company and its bank subsidiary’s actual capital amounts and ratios at the dates indicated follows (dollars in thousands): Actual Minimum Required Under BASEL III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2023: Total Capital to Risk Weighted Assets: Consolidated $ 589,565 16.74 % $ 369,753 10.50 % N/A N/A City Bank 494,353 14.04 % 369,635 10.50 % $ 352,033 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 482,044 13.69 % 299,324 8.50 % N/A N/A City Bank 450,607 12.80 % 299,228 8.50 % 281,627 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 437,044 12.41 % 246,502 7.00 % N/A N/A City Bank 450,607 12.80 % 246,423 7.00 % 228,822 6.50 % Tier I Capital to Average Assets: Consolidated 482,044 11.33 % 171,037 4.00 % N/A N/A City Bank 450,607 10.60 % 170,945 4.00 % 212,594 5.00 % December 31, 2022 Total Capital to Risk Weighted Assets: Consolidated $ 559,094 16.58 % $ 354,045 10.50 % N/A N/A City Bank 454,427 13.48 % 353,967 10.50 % $ 337,112 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 443,265 13.15 % 286,608 8.50 % N/A N/A City Bank 414,559 12.30 % 286,545 8.50 % 269,689 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 398,265 11.81 % 236,030 7.00 % N/A N/A City Bank 414,559 12.30 % 235,978 7.00 % 219,122 6.50 % Tier I Capital to Average Assets: Consolidated 443,265 11.03 % 161,662 4.00 % N/A N/A City Bank 414,559 10.32 % 161,574 4.00 % 200,774 5.00 % The Company is subject to the Basel III capital ratio requirements which include a “capital conservation buffer” of 2.50% above the regulatory minimum risk-based capital adequacy requirements. This 2.50% capital conservation buffer is reflected in the table above. Both the Company’s and the Bank’s actual ratios, as outlined in the table above, exceeded the Basel III risk-based capital requirement with the capital conservation buffer as of December 31, 2023. State banking regulations place certain restrictions on dividends paid by banks to their shareholders. Dividends paid by the Company’s bank subsidiary would be prohibited if the effect thereof would cause the bank subsidiary’s capital to be reduced below applicable minimum capital requirements.

DERIVATIVES

DERIVATIVES	12 Months Ended
	Dec. 31, 2023
DERIVATIVES [Abstract]
DERIVATIVES	17. DERIVATIVES The Company utilizes interest rate swap agreements as part of its asset-liability management strategy to help manage its interest rate risk position. These interest rate swaps are designated and qualify as fair value hedges and are entered into to reduce exposure to changes in fair value of fixed rate financial instruments. The notional amount of the interest rate swaps do not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amounts and the other terms of the individual interest rate swap agreements. The following table reflects the changes in fair value hedges included in the Consolidated Statements of Comprehensive Income (Loss) for the periods indicated (dollars in thousands): Year Ended December 31, Interest Rate Contracts Location 2023 2022 2021 Change in fair value of interest rate swaps hedging investment securities Other noninterest expense $ (3,497 ) $ 14,439 $ 5,710 Change in fair value of hedged investment securities Other noninterest expense 3,685 (14,607 ) (5,812 ) Change in fair value of interest rate swaps hedging fixed rate loans Interest income - Loans (334 ) 911 498 Change in fair value of hedged fixed rate loans Interest income - Loans 335 (918 ) (512 ) The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of December 31: 2023 2022 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities Interest rate swaps related to fixed rate loans $ 987 $ 10 $ — $ — Interest rate swaps related to state and municipal securities — — — — Included in other assets Interest rate swaps related to fixed rate loans 7,796 158 9,493 482 Interest rate swaps related to state and municipal securities 123,760 16,628 123,760 20,125 Mortgage banking derivatives The net gains (losses) relating to free standing derivative instruments used for risk management are summarized below for the periods indicated (dollars in thousands): For the Year Ended December 31, Location 2023 2022 2021 Gain (loss) on mortgage banking derivatives Net gain (loss) on sales of loans $ (405 ) $ (1,109 ) $ (1,792 ) The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets as of December 31 (dollars in thousands): December 31, 2023 December 31, 2022 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ — $ — $ 23,500 $ 186 Interest rate lock commitments 16,887 444 27,348 369 Total included in other assets $ 16,887 $ 444 $ 50,848 $ 555 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 19,021 $ 422 $ 5,615 $ 128 Interest rate lock commitments — — — — Total included in other liabilities $ 19,021 $ 422 $ 5,615 $ 128 The Company had received cash collateral of $18.3 million and $18.9 million to offset asset derivative positions on its interest rate swaps at December 31, 2023 and 2022, respectively. This amount is reported in other liabilities in the Consolidated Balance Sheets. The Company had advanced $1.1 million and $1.1 million to offset liability derivative positions on its interest rate swaps at December 31, 2023 and 2022, respectively. Additionally, the Company had advanced $440 thousand and $440 thousand on its mortgage forward contracts at December 31, 2023 and 2022, respectively. The advanced cash collateral amounts are reported in cash and due from banks in the Consolidated Balance Sheets.

PARENT COMPANY ONLY CONDENSED F

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2023
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION [Abstract]
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION	18. PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION Condensed financial information of South Plains Financial, Inc. follows (dollars in thousands): CONDENSED BALANCE SHEETS December 31, 2023 2022 ASSETS Cash and cash equivalents $ 87,167 $ 98,996 Investment in banking subsidiary 420,677 373,308 Investment in other subsidiary 51 51 Other assets 12,592 9,214 Total assets $ 520,487 $ 481,569 LIABILITIES AND STOCKHOLDERS’ EQUITY Debt $ 110,168 $ 122,354 Accrued expenses and other liabilities 3,205 2,201 Stockholders’ equity 407,114 357,014 Total liabilities and stockholders’ equity $ 520,487 $ 481,569 CONDENSED STATEMENTS OF INCOME Year Ended December 31, 2023 2022 2021 Dividends $ 35,000 $ 40,375 $ 48,250 Other income 100 52 26 Interest expense (7,294 ) (5,689 ) (4,936 ) Other expense (1,897 ) (1,768 ) (1,466 ) Income before income tax and undistributed subsidiary income 25,909 32,970 41,874 Income tax benefit (1,904 ) (1,555 ) (1,339 ) Equity in undistributed subsidiary income 34,932 23,715 15,401 Net income $ 62,745 $ 58,240 $ 58,614 CONDENSED STATEMENTS OF CASH FLOWS Year Ended December 31, 2023 2022 2021 Cash flows from operating activities: Net income $ 62,745 $ 58,240 $ 58,614 Adjustments: Equity in undistributed subsidiary income (34,932 ) (23,715 ) (15,401 ) Amortization of debt issuance costs 186 186 186 Stock based compensation 2,157 2,753 1,639 Change in other assets (3,378 ) (3,201 ) (1,765 ) Change in other liabilities 1,004 369 317 Net cash provided by operating activities 27,782 34,632 43,590 Cash flows from financing activities: Repayments of long-term borrowings (12,372 ) — — Payments to tax authorities for stock-based compensation (731 ) (1,168 ) (625 ) Payments to repurchase common stock (17,763 ) (22,699 ) (9,227 ) Cash dividends paid on common stock (8,745 ) (8,012 ) (5,385 ) Net cash provided by (used in) financing activities (39,611 ) (31,879 ) (15,237 ) Net change in cash and cash equivalents (11,829 ) 2,753 28,353 Beginning cash and cash equivalents 98,996 96,243 67,890 Ending cash and cash equivalents $ 87,167 $ 98,996 $ 96,243

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2023
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	19. EARNINGS PER SHARE The factors used in the earnings per share computation follow (dollars in thousands, except per share data): December 31, 2023 2022 2021 Net income $ 62,745 $ 58,240 $ 58,614 Weighted average common shares outstanding - basic 16,843,753 17,373,138 17,953,624 Effect of dilutive securities: Stock based compensation awards 489,459 646,690 538,594 Weighted average common shares outstanding - diluted 17,333,212 18,019,828 18,492,218 Basic earnings per share $ 3.73 $ 3.35 $ 3.26 Diluted earnings per share $ 3.62 $ 3.23 $ 3.17

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2023
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	20. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table details the changes in accumulated other comprehensive income (loss) by component, net of tax for the periods indicated (dollars in thousands): Gains and (Losses) on Fair Value Hedges Unrealized Gains and (Losses) on Securities Available for Sale Total For the Year Ended December 31, 2023 Beginning balance $ 16,072 $ (81,180 ) $ (65,108 ) Other comprehensive income (loss) before reclassification (2,912 ) 13,653 10,741 Amounts reclassified from other comprehensive — 2,693 2,693 Net current period other comprehensive income (loss) (2,912 ) 16,346 13,434 Ending balance $ 13,160 $ (64,834 ) $ (51,674 ) For the Year Ended December 31, 2022 Beginning balance $ 4,532 $ 9,170 $ 13,702 Other comprehensive income (loss) before reclassification 11,540 (90,350 ) (78,810 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) 11,540 (90,350 ) (78,810 ) Ending balance $ 16,072 $ (81,180 ) $ (65,108 ) For the Year Ended December 31, 2021 Beginning balance $ (60 ) $ 21,399 $ 21,339 Other comprehensive income (loss) before reclassification 4,592 (12,229 ) (7,637 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) 4,592 (12,229 ) (7,637 ) Ending balance $ 4,532 $ 9,170 $ 13,702 Amounts reclassified are shown on the Consolidated Statements of Comprehensive Income (Loss).

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	12 Months Ended
	Dec. 31, 2023
FAIR VALUE DISCLOSURES [Abstract]
FAIR VALUE DISCLOSURES	21. FAIR VALUE DISCLOSURES Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability is not adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact. Valuation techniques that are consistent with the market approach, the income approach and/or the cost approach are required by GAAP. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset. Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The fair value hierarchy for valuation inputs gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: ● Level 1 Inputs ● Level 2 Inputs ● Level 3 Inputs The following table summarizes fair value measurements as of the dates indicated below (dollars in thousands): Level 1 Level 2 Level 3 Total December 31, 2023 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 180,575 $ — $ 180,575 Residential mortgage-backed securities — 300,704 — 300,704 Commercial mortgage-backed securities — 41,748 — 41,748 Commercial collateralized mortgage obligations — 71,930 — 71,930 Asset-backed and other amortizing securities — 17,040 — 17,040 Other securities — 10,765 — 10,765 Loans held for sale (mandatory) — 6,615 — 6,615 Mortgage servicing rights — — 26,569 26,569 Asset derivatives — 17,230 — 17,230 Liability derivatives — (432 ) — (432 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 1,482 1,482 Level 1 Level 2 Level 3 Total December 31, 2022 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 225,055 $ — $ 225,055 Residential mortgage-backed securities — 328,845 — 328,845 Commercial mortgage-backed securities — 41,967 — 41,967 Commercial collateralized mortgage obligations — 75,638 — 75,638 Asset-backed and other amortizing securities — 19,094 — 19,094 Other securities — 11,112 — 11,112 Loans held for sale (mandatory) — 10,038 — 10,038 Mortgage servicing rights — — 27,474 27,474 Asset derivatives — 21,162 — 21,162 Liability derivatives — (128 ) — (128 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 4,821 4,821 Securities Mortgage servicing rights Mortgage servicing rights are reported at fair value using Level 3 inputs. The mortgage servicing rights asset is valued by projecting net servicing cash flows, which are then discounted to estimate the fair value. The fair value of the mortgage servicing rights asset is impacted by a variety of factors, including prepayment speeds, default rates, and discount rates, which are significant unobservable inputs. Mortgage servicing rights are the only Level 3 asset measured at fair value on a recurring basis, see Note 8 for the Level 3 change activity for the years ended December 31, 2023,2022 and 2021. Derivatives Loans held for investment Fair Values of Assets Recorded on a Recurring Basis for which the Fair Value Option has been Elected Loans held for sale (mandatory) Derivatives and Hedging The total fair value option impact on noninterest income for loans held for sale for mandatory delivery is included in Net gain on sales of loans in the consolidated statements of comprehensive income (loss). For the years ended December 31, 2023, 2022, and 2021 this amount totaled The following table presents quantitative information about recurring and non-recurring Level 3 fair value measurements at December 31 (dollars in thousands): Fair Value Valuation Techniques Unobservable Inputs Range of Discounts December 31, 2023 Non-recurring Loans held for investment $ 1,482 Third party appraisals or inspections Collateral discounts and selling costs 20%-100 % Recurring: Mortgage servicing rights 26,569 Discounted cash flows Constant prepayment rate 7.46 % Discount rate 10.66 % December 31, 2022 Non-recurring Loans held for investment $ 4,821 Third party appraisals or inspections Collateral discounts and selling costs 20%-100 % Recurring: Mortgage servicing rights 27,474 Discounted cash flows Constant prepayment rate 7.47 % Discount rate 9.15 % The estimated fair values, and related carrying amounts, of the Company’s financial instruments that are not previously disclosed in the recurring fair values section are as follows as of December 31 (dollars in thousands): Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2023 Financial assets: Cash and cash equivalents $ 330,158 $ 330,158 $ — $ — $ 330,158 Loans held for investment, net 2,971,797 — — 2,848,536 2,848,536 Loans held for sale (best efforts) 7,884 — 7,977 — 7,977 Accrued interest receivable 20,881 — 20,881 — 20,881 Financial liabilities: Deposits 3,626,153 — 3,625,321 — 3,625,321 Accrued interest payable 5,057 — 5,057 — 5,057 Junior subordinated deferrable interest debentures 46,393 — 33,098 — 33,098 Subordinated debt 63,775 — 57,497 — 57,497 Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2022 Financial assets: Cash and cash equivalents $ 234,883 $ 234,883 $ — $ — $ 234,883 Loans held for investment, net 2,708,793 — — 2,662,609 2,662,609 Loans held for sale (best efforts) 20,365 — 20,745 — 20,745 Accrued interest receivable 16,432 — 16,432 — 16,432 Financial liabilities: Deposits 3,406,430 — 3,405,222 — 3,405,222 Accrued interest payable 2,836 — 2,836 — 2,836 Junior subordinated deferrable interest debentures 46,393 — 34,606 — 34,606 Subordinated debt 75,961 — 70,835 — 70,835

IMMATERIAL CORRECTION OF PRIOR

IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR	12 Months Ended
	Dec. 31, 2023
Immaterial Correction of Prior Period Error [Abstract]
Immaterial Correction of Prior Period Error	22. IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR The Company identified an immaterial prior period error in the Consolidated Statements of Cash Flows related to cash flow activity of certain of the Company’s portfolio mortgage loans and third-party brokered loans erroneously being included in the cash flow activity for loans held for sale. The Company assessed the materiality of this change in presentation on prior period consolidated financial statements in accordance with SEC Staff Accounting Bulletin No. 99, “Materiality,” (ASC Topic 250, Accounting Changes and Error Corrections). Based on this assessment, the Company concluded that these error corrections in its Consolidated Statements of Cash Flows are not material to any previously presented consolidated financial statements. The corrections had no impact on the Consolidated Balance Sheets, Consolidated Statements of Comprehensive Income (Loss), or Consolidated Statements of Changes in Stockholders’ Equity, or notes to these consolidated financial statements, for any previously presented interim or annual consolidated financial statements. Accordingly, the Company corrected the previously reported immaterial errors for the years ended December 31, 2022 and 2021 in this Annual Report on Form 10-K. The financial reporting periods affected by this error include the Company’s previously reported audited consolidated financial statements for the fiscal years ended December 31, 2021 and 2022, and the Company’s previously reported interim unaudited consolidated financial statements for each of the fiscal year-to-date periods ended March 31, 2023; June 30, 2023; and September 30, 2023. In addition, the Company expects to present the corrected interim 2023 amounts in its 2024 consolidated interim financial statements upon the filing of each of its Quarterly Reports on Form 10-Q on a year-to-date basis as a correction to applicable 2023 periods. A summary of the immaterial corrections to the Company’s previously reported audited consolidated financial statements follows. Corrected Consolidated Statement of Cash Flows for the Year Ended December 31, 2022 (in thousands): Year Ended December 31, 2022 As Reported Immaterial Correction As Corrected Proceeds from sales of loans held for sale $ 783,212 $ (120,918 ) $ 662,294 Loans originated for sale $ (719,413 ) $ 120,918 $ (598,495 ) Corrected Consolidated Statement of Cash Flows for the Year Ended December 31, 2021 (in thousands): Year Ended December 31, 2021 As Reported Immaterial Correction As Corrected Proceeds from sales of loans held for sale $ 1,577,953 $ (63,992 ) $ 1,513,961 Loans originated for sale $ (1,500,995 ) $ 63,992 $ (1,437,003 )

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2023
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	23. SUBSEQUENT EVENTS Dividend Declaration On January 18, 2024, the Company declared a cash dividend of $0.13 per share of common stock to be paid on February 12, 2024 to all shareholders of record as of January 29, 2024. Stock Repurchase Program On February 21, 2024, the Company’s board of directors approved a stock repurchase program authorizing the repurchase of up to $10.0 million shares of the Company’s outstanding common stock.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations The following were subsidiaries of SPFI as of December 31, 2023: Wholly-Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly-Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (“SPFCT”) III-V Non-bank subsidiaries
Consolidation	The consolidated financial statements include the accounts of SPFI and its wholly-owned consolidated subsidiaries (collectively referred to as the “Company”) identified above. All significant intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	The Company’s consolidated financial statements are prepared and presented in accordance with generally accepted accounting principles (“GAAP”) in the U.S. Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”)
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Determination of the adequacy of the allowance for credit losses (“ACL”) is a material estimate that is particularly susceptible to significant change in the near term; the assumptions used in stock-based compensation, derivatives, mortgage servicing rights,
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes and Recent Accounting Pronouncements – Updates to the FASB ASC are prescribed in Accounting Standards Updates (“ASUs”), which are not authoritative until incorporated into the ASC. ASU 2016-13 Financial Instruments - Credit Losses (Topic 326). The FASB issued guidance to replace the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (“CECL”) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables and held to maturity debt securities. The CECL model also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in sales type and direct financing leases recognized by a lessor in accordance with Topic 842 on leases. In addition, Topic 326 made changes to the accounting for securities available for sale. One such change is to require credit losses to be presented as an allowance rather than as a write-down on securities available for sale management does not intend to sell or believes that it is more likely than not they will be required to sell. The Company adopted the CECL model effective January 1, 2023 using the modified retrospective approach. As a result, the Company recognized a one-time, after tax cumulative effect adjustment of $997 thousand that reduced retained earnings, increased the ACL for loans by approximately $100 thousand and increased the ACL for off-balance sheet credit exposures by approximately $1.2 million. The Company made the following policy elections related to the adoption of the CECL model. First, accrued interest will be written off against interest income when financial assets are placed into nonaccrual status. Therefore, accrued interest will be excluded from the amortized cost basis for purposes of calculating the ACL. Accrued interest receivable is presented in a separate line item in the Consolidated Balance Sheets. Second, the fair value of collateral practical expedient has been elected on certain loans in determining the ACL, for which the repayment is expected to be provided substantially through the operation or sale of the collateral when the borrower is experiencing financial difficulty. The impact on the ACL resulting from the adoption of the CECL model is shown below. (Dollars in thousands) January 1, 2023 Pre-Adoption Impact of Adoption Post-Adoption Commercial real estate $ 13,029 $ 827 $ 13,856 Commercial – specialized 3,425 33 3,458 Commercial - general 9,215 (2,574 ) 6,641 Consumer: 1-4 family residential 6,194 1,700 7,894 Auto loans 3,926 (332 ) 3,594 Other consumer 1,376 (235 ) 1,141 Construction 2,123 683 2,806 Total allowance for credit losses on loans $ 39,288 $ 102 $ 39,390 Allowance for credit losses for off-balance sheet exposures $ 580 $ 1,160 $ 1,740 ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. This ASU eliminates guidance for troubled debt restructurings by creditors and enhances disclosure requirements for certain loan modifications by creditors for borrowers experiencing financial distress. This ASU defines types of modifications as principal forgiveness, interest rate reduction, other than insignificant payment delays, or a term extension. In addition, the ASU requires disclosure of current-period gross charge-offs, by year of origination, in the vintage disclosure. ASU 2019-12, Income Taxes, Simplifying the Accounting for Income Taxes (Topic 740). ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. The amendments in this Update modify the disclosure or presentation requirements of a variety of Topics in the Codification. Certain of the amendments represent clarifications to, or technical corrections of the current requirements. Each amendment in the ASU will only become effective if the SEC removes the related disclosure or presentation requirement from its existing regulations by June 30, 2027. The amendments in this ASU are not expected to have a material impact on the results of operations or financial position. ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments in this Update require public entities to disclose information about reportable segments’ significant expenses on an interim and annual basis. ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The amendments in this Update are
Concentration of Credit Risk	Concentration of Credit Risk
Comprehensive Income (Loss)	Comprehensive Income – C o
Cash and Cash Equivalents	Cash and Cash Equivalents The Company includes all cash on hand, balances due from other banks, and federal funds sold, all of which have original maturities within three months, as cash and cash equivalents in the accompanying consolidated financial statements. On March 15, 2020, the Federal Reserve Bank announced that it had reduced regulatory reserve requirements to zero percent effective on March 26, 2020; therefore, no cash is required to be maintained to satisfy regulatory reserve requirements.
Securities	Securities of OCI, net of tax. Gains and losses on sales are recorded on the trade date, are derived from the amortized cost of the security sold and are determined using the specific identification method. A security is placed on nonaccrual status if principal or interest has been in default for a period of 90 days or more, or if full payment of principal and interest is not expected. The Company has made a policy election to exclude accrued interest receivable from the amortized cost basis of AFS securities and report the accrued interest in accrued interest receivable in the Consolidated Balance Sheets. Interest accrued but not received for a security placed on nonaccrual status is reversed against interest income.
ACL (AFS Securities)	ACL (AFS Securities) – For AFS securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For AFS securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an ACL is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in OCI. Changes in the ACL are recorded as provision for credit losses. Losses are charged against the allowance when management believes the uncollectibility of an AFS security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest is excluded from the estimate of credit losses Prior to the adoption of ASU 2016-13, declines in the fair value of available-for-sale securities below their cost that were deemed to be other than temporary were reflected in earnings as realized losses. In estimating other-than-temporary impairment losses prior to January 1, 2023, management considered, among other things, (i) the length of time and the extent to which the fair value had been less than cost, (ii) the financial condition and near-term prospects of the issuer and (iii) the intent and our ability to retain our investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value.
Nonmarketable Equity Securities	Nonmarketable Equity Securities Small Business Investment Company (“SBIC”) investments are equity interests in limited partnerships. The SBIC investments do not have readily determinable fair values and are recorded under the equity method of accounting at cost minus impairment, if any, plus or minus adjustments to the cost basis. Adjustments to the cost basis occur as a result of capital contributions, distributions, the Company’s share of earnings, or changes in the value of the Company’s equity position. The Company’s share of earnings is included in noninterest income with a one-quarter lag period.
Loans	Loans The Company has made a policy election to exclude accrued interest from the amortized cost basis of loans and report accrued interest separately from the related loan balance in accrued interest receivable on the Consolidated Balance Sheets. Accrued interest receivable is excluded from the estimate of credit losses. Loans are placed on nonaccrual status when, in management’s opinion, collection of interest is unlikely, which typically occurs when principal or interest payments are more than ninety days past due. When interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
ACL (Loans)	ACL (Loans) Expected losses are calculated using comparable and quantifiable information from both internal and external sources about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. Expected credit losses are estimated over the contractual term of the loans and adjusted for expected prepayments. The ACL is evaluated on a quarterly basis by management. The Company applied a dual credit risk rating (“DCRR”) methodology that estimates each loan’s probability of default and loss given default to calculate the expected credit loss to non-analyzed loans at January 1 and December 31, 2023. The DCRR process quantifies the expected credit loss at the loan level for the entire loan portfolio. Loan grades are assigned by a customized scorecard that risk rates each loan based on multiple probability of default and loss given default elements to measure the credit risk of the loan portfolio. The ACL estimate incorporates the Company’s DCRR loan level risk rating methodology and the expected default rate frequency term structure to derive loan level life of loan estimates of credit losses for every loan in the portfolio. The estimated credit loss for each loan is adjusted based on its one-year through the cycle estimate of expected credit loss to a life of loan measurement that reflects current conditions and reasonable and supportable forecasts. The life of loan expected loss is determined using the contractual weighted average life of the loan adjusted for prepayments. Prepayment speeds are determined by grouping the loans into pools based on segments and risk rating. After the life of loan expected losses are determined, they are adjusted to reflect the Company’s reasonable and supportable economic forecast over a selected range of one While management uses available information to recognize credit losses on loans, further reductions in the carrying amounts of loans may be necessary based on various factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated credit losses on loans. Such agencies may require the bank subsidiary to recognize additional credit losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated credit losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Loans that exhibit characteristics different from their pool characteristics are evaluated on an individual basis. Loans evaluated individually are not included in the collective ACL evaluation. When management determines that foreclosure is probable, or if certain of these loans are considered to be collateral dependent with the borrower experiencing financial difficulty, the Company elects the fair value of collateral practical expedient, whereby the allowance is calculated as the amount by which the amortized cost exceeds the fair value of collateral, less estimated costs to sell. Prior to the adoption of ASU 2016-13, the allowance for credit losses on loans was a contra-asset valuation account established through a provision for loan losses charged to expense, which represented management’s best estimate of inherent losses that had been incurred within the existing portfolio of loans. The allowance for credit losses on loans included allowance allocations calculated in accordance with ASC Topic 310, “Receivables” and allowance allocations calculated in accordance with ASC Topic 450, “Contingencies.”
ACL (Off-Balance Sheet Credit Exposures)	ACL (Off-Balance Sheet Credit Exposures)
Acquired Loans	Acquired Loans adjusted for estimated prepayments and credit losses. In accordance with Topic 326, the fair value adjustment is recorded as premium or discount to the unpaid principal balance of each acquired loan. In addition, the Company also records an ACL on each acquired loan. Any acquired loans the Company determines have evidence of a more than insignificant deterioration in credit quality since origination, are considered to be purchase credit deteriorated (“PCD”) loans. The Company evaluates acquired loans for deterioration in credit quality based on any of, but not limited to, the following: (i) non-accrual status; (ii) risk rating, (iii) watchlist credits; and (iv) delinquency status. An ACL is determined using the same methodology as other individually evaluated loans. The sum of the PCD loan’s purchase price and ACL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a non-credit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACL are recorded through provision for credit losses.
Mortgage Servicing Rights	Mortgage Servicing Rights Under the fair value measurement method, the Company measures servicing rights at fair value at each reporting date and reports changes in the fair value of servicing rights in earnings in the period in which the changes occur, and are included with Other mortgage banking income in the consolidated financial statements. Servicing fee income, which is reported in the consolidated financial statements Other mortgage banking income
Transfers of Financial Assets	Transfers of Financial Assets
Loans Held for Sale	Loans Held for Sale under the fair value option
Premises and Equipment	Premises and Equipment
Foreclosed Assets	Foreclosed Assets
Bank-Owned Life Insurance	Bank-Owned Life Insurance ng consolidated financial statements
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Core deposit intangible (“CDI”) is a measure of the value of checking and savings deposit relationships acquired in a business combination. The fair value of the CDI stemming from any given business combination is based on the present value of the expected cost savings attributable to the core deposit funding relative to an alternative source of funding. CDI is amortized over the estimated useful lives of the existing deposit relationships acquired, but does not exceed 10 years. Substantially all CDI is amortized using the sum of the years’ digits method.
Mortgage Banking Derivatives	Mortgage Banking Derivatives In order to hedge the change in interest rates resulting from the commitments to fund the loans that will be sold through a best efforts contract, the Company enters into forward loans sales commitments for the future delivery of mortgage loans when interest rate locks are entered. At inception, these interest rate locks and the related forward loan sales commitments, adjusted for the expected exercise of the commitment before the loan is funded, are recorded with a zero value. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. In order to hedge the change in interest rates resulting from all other mortgage commitments to fund loans, the Company enters into forward sales of mortgage-backed securities contracts. At inception, these interest rate locks are recorded at fair value and are adjusted for the expected exercise of the commitment before the loan is funded. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. Changes in the fair values of these derivatives are included in net gain on sales of loans in the consolidated financial statements
Derivatives	Derivatives Net cash settlements on derivatives that qualify for hedge accounting are recorded in interest income or interest expense, based on the item being hedged. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in noninterest income. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. The Company formally documents the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions at the inception of the hedging relationship. This documentation includes linking fair value or cash flow hedges to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative instruments that are used are highly effective in offsetting changes in fair values or cash flows of the hedged items. The Company discontinues hedge accounting when it determines that the derivative is no longer effective in offsetting changes in the fair value or cash flows of the hedged item, the derivative is settled or terminates, a hedged forecasted transaction is no longer probable, a hedged firm commitment is no longer firm, or treatment of the derivative as a hedge is no longer appropriate or intended. When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded as noninterest income. When a fair value hedge is discontinued, the hedged asset or liability is no longer adjusted for changes in fair value and the existing basis adjustment is amortized or accreted over the remaining life of the asset or liability. When a cash flow hedge is discontinued but the hedged cash flows or forecasted transactions are still expected to occur, gains or losses that were accumulated in OCI are amortized into earnings over the same periods which the hedged transactions will affect earnings.
Leases	Leases – During the second quarter of 2022, the Company adopted Accounting Standards Update (“ASU”) No. 2016-02 — Leases (Topic 842), effective as of January 1, 2022, using the alternative transition method under the option to apply the lease standard at its effective date without adjusting the prior period comparative financial statements. The Company elected the package of practical expedients to not reassess: (i) whether any existing contracts are or contain a lease, (ii) the lease classification of any existing leases, and (iii) initial direct costs related to existing leases. The Company also elected to apply additional practical expedients to include both the lease and nonlease components of all leases as a single component and account for it as a lease and to use hindsight for leases existing at the adoption date. The Company recorded a $9.4 million right-of-use (“ROU”) asset, offset by a $10.3 million lease liability, and a $717 thousand, net of tax, cumulative effect adjustment that reduced retained earnings. Th ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized on the lease commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses an estimated incremental collateralized borrowing rate at lease inception, on a collateralized basis, over a similar term, when determining the present value of lease payments. No significant judgments or assumptions were involved in developing the estimated operating lease liabilities as the Company’s operating lease liabilities largely represent the future rental expenses associated with operating leases, and the incremental borrowing rates are based on publicly available interest rates. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease. These options to extend or terminate are assessed on a lease-by-lease basis, and the ROU assets and lease liabilities are adjusted when it is reasonably certain that an option will be exercised. Rental expense for lease payments is recognized on a straight-line basis over the lease term and is included in occupancy and equipment, net within our Consolidated Statements of Comprehensive Income (Loss).
Revenue Recognition	Revenue Recognition The majority of the Company’s revenues come from interest income and other sources, including loans, securities and derivatives, that are outside the scope of Topic 606. The Company’s services that fall within the scope of Topic 606 are presented within Noninterest Income and are recognized as revenue as the Company satisfies its obligation to the customer. Services within the scope of Topic 606 include service charges on deposit accounts, bank card services and interchange fees, investment commissions, fiduciary fees, and the sale of other real estate owned (“OREO”). Substantially all of the Company’s revenue is generated from contracts with customers. Noninterest income streams within the scope of Topic 606 are discussed below. Service Charges on Deposit Accounts The Company earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as stop payment charges, statement rendering, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Company fulfills the customer’s request. Account maintenance fees, which relate primarily to monthly maintenance, are earned over the course of a month, representing the period over which the Company satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer’s account balance. Bank Card Services and Interchange Fees The Company earns bank card service and interchange fees from debit and credit cardholder transactions conducted through card payment networks. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. Bank card services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees and service fees such as ATM use fees and are recognized at the time the transaction is executed. Investment Commissions and Fiduciary Trust Fees The Company earns investment commissions and fiduciary trust fees from its contracts with trust customers to manage assets for investment, and/or to transact on their accounts. These fees are primarily earned over time as the Company provides the contracted monthly or quarterly services and are generally assessed based on a tiered scale of the market value of assets under management (AUM) at month-end. Fees that are transaction based, including trade execution services, are recognized at the point in time that the transaction is executed, i.e., the trade date. Other related services provided include financial planning services and the fees the Company earns, which are based on a fixed fee schedule, are recognized when the services are rendered. In addition, certain trust customers have contracted with the Company to provide trust dissolution services, which are based on a unitary management fee treated as a single performance obligation. The Company’s performance obligation is satisfied over time based on the customer simultaneously receiving and consuming the benefits of the Company’s service. The unitary management fee is treated as variable consideration and is evaluated and included in the transaction price at the end of each reporting period (quarterly). Revenue is recognized based on a reasonable time based measure of progress towards the Company’s complete satisfaction of the performance obligation at the end of each respective reporting period, with the unearned amount based on progress measure being included in deferred contract liability. This variable consideration and the amount of revenue recognized is evaluated quarterly until the Company has entirely fulfilled its performance obligation, at which time the remaining unearned revenue is recognized. Gains/Losses on Sales of OREO The Company records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When the Company finances the sale of OREO to the buyer, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Company adjusts the transaction price and related gain (loss) on sale if a significant financing component is present. Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s noninterest revenue streams are largely based on transactional activity, or standard month-end revenue accruals. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and revenue is recognized. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. The Company did not have any significant contract balances at December 31, 2023 and 2022. Contract Acquisition Costs In connection with the adoption of Topic 606, an entity is required to capitalize, and subsequently amortize into expense, certain incremental costs of obtaining a contract with a customer if these costs are expected to be recovered. The incremental costs of obtaining a contract are those costs that an entity incurs to obtain a contract with a customer that it would not have incurred if the contract had not been obtained (for example, sales commission). The Company utilizes the practical expedient which allows entities to immediately expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in one year or less. Upon adoption of Topic 606, the Company did not capitalize any contract acquisition cost. Insurance Activities The Company’s revenue from insurance activities ceased subsequent to the sale of Windmark. The primary source of revenues for insurance activities were commissions from underwriting enterprises, based on a percentage of premiums paid by clients. These commissions and fees revenues were substantially recognized at a point in time on the effective date of the associated policies when control of the policy transferred to the client. Commissions were fixed at the contract effective date and generally were based on a percentage of premiums for insurance coverage. Commissions depended upon a large number of factors, including the type of risk being placed, the particular underwriting enterprise’s demand, the expected loss experience of the particular risk of coverage, and historical benchmarks surrounding the level of effort necessary for us to place and service the insurance contract.
Stock-Based Compensation	Stock-Based Compensation
Advertising	Advertising
Income Taxes	Income Taxes A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The State of Texas franchise tax is an income tax for financial reporting purposes under GAAP and the Company and its subsidiaries are subject to the modified tax as a combined group.
Earnings per Share	Earnings per Share Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period.
Fair Values of Financial Instruments	Fair Values of Financial Instruments
Trust Assets	Trust Assets
Segment Information	Segment Information
Subsequent Events	Subsequent Events The

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Subsidiaries Information	The following were subsidiaries of SPFI as of December 31, 2023: Wholly-Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly-Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (“SPFCT”) III-V Non-bank subsidiaries
Impact on ACL from Adoption of the CECL	The impact on the ACL resulting from the adoption of the CECL model is shown below. (Dollars in thousands) January 1, 2023 Pre-Adoption Impact of Adoption Post-Adoption Commercial real estate $ 13,029 $ 827 $ 13,856 Commercial – specialized 3,425 33 3,458 Commercial - general 9,215 (2,574 ) 6,641 Consumer: 1-4 family residential 6,194 1,700 7,894 Auto loans 3,926 (332 ) 3,594 Other consumer 1,376 (235 ) 1,141 Construction 2,123 683 2,806 Total allowance for credit losses on loans $ 39,288 $ 102 $ 39,390 Allowance for credit losses for off-balance sheet exposures $ 580 $ 1,160 $ 1,740

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2023
SECURITIES [Abstract]
Amortized Cost and Fair Value of Securities with Gross Unrealized Gains and Losses	The amortized cost, related gross unrealized gains and losses, allowance for credit losses, and estimated fair value of securities available for sale at year-end follows (dollars in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value December 31 2023 Available for sale: State and municipal $ 202,814 $ 2 $ (22,241 ) $ — $ 180,575 Residential mortgage-backed securities 351,251 — (50,547 ) — 300,704 Commercial mortgage-backed securities 47,898 — (6,150 ) — 41,748 Commercial collateralized mortgage obligations 72,391 — (461 ) — 71,930 Asset-backed and other amortizing securities 18,476 — (1,436 ) — 17,040 Other securities 12,000 — (1,235 ) — 10,765 $ 704,830 $ 2 $ (82,070 ) $ — $ 622,762 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2022 Available for sale: State and municipal $ 259,429 $ 27 $ (34,401 ) $ 225,055 Residential mortgage-backed securities 386,783 — (57,938 ) 328,845 Commercial mortgage-backed securities 49,161 — (7,194 ) 41,967 Commercial collateralized mortgage obligations 76,189 — (551 ) 75,638 Asset-backed and other amortizing securities 20,907 — (1,813 ) 19,094 Other securities 12,000 — (888 ) 11,112 $ 804,469 $ 27 $ (102,785 ) $ 701,711
Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and fair value of securities at December 31, 2023 are presented below by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Declining-balance securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Cost Fair Value Within 1 year $ 735 $ 735 After 1 year through 5 years 6,112 5,940 After 5 years through 10 years 16,897 15,640 After 10 years 191,070 169,024 Declining-balance securities 490,016 431,423 $ 704,830 $ 622,762
Securities with Unrealized Losses Segregated by the Period in a Loss Position	The following table segregates securities with unrealized losses at year-end, by the duration they have been in a loss position for which an allowance for credit losses has not been recorded (dollars in thousands): Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss December 31, 2023 State and municipal $ 207 $ — $ 177,908 $ 22,241 $ 178,115 $ 22,241 Mortgage-backed securities - residential 9 — 300,695 50,547 300,704 50,547 Mortgage-backed securities - commercial — — 41,748 6,150 41,748 6,150 Collateralized mortgage obligations — — 71,930 461 71,930 461 Asset-backed and other amortizing securities — — 17,040 1,436 17,040 1,436 Other securities 3,286 214 7,479 1,021 10,765 1,235 $ 3,502 $ 214 $ 616,800 $ 81,856 $ 620,302 $ 82,070 December 31, 2022 State and municipal $ 162,746 $ 23,538 $ 57,675 $ 10,863 $ 220,421 $ 34,401 Mortgage-backed securities - residential 220,752 27,967 108,080 29,971 328,832 57,938 Mortgage-backed securities - commercial 41,966 7,194 — — 41,966 7,194 Collateralized mortgage obligations 75,638 551 — — 75,638 551 Asset-backed and other amortizing securities 19,094 1,813 — — 19,094 1,813 Other securities 11,112 888 — — 11,112 888 $ 531,308 $ 61,951 $ 165,755 $ 40,834 $ 697,063 $ 102,785

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	12 Months Ended
	Dec. 31, 2023
LOANS HELD FOR INVESTMENT [Abstract]
Summary of Loans Held for Investment by Category	Loans held for investment are summarized by category at year-end as follows (dollars in thousands): December 31, 2023 December 31, Commercial real estate $ 1,081,056 $ 919,358 Commercial - specialized 372,376 327,513 Commercial - general 517,361 484,783 Consumer: 1-4 family residential 534,731 460,124 Auto loans 305,271 321,476 Other consumer 74,168 81,308 Construction 129,190 153,519 3,014,153 2,748,081 Allowance for credit losses on loans (42,356 ) (39,288 ) Loans, net $ 2,971,797 $ 2,708,793
Activity in ACL for Loans and Investment in Loans Disaggregated Based on Method of Evaluating Impairment	The following table details the activity in the ACL for the years ended December 31, 2023, 2022, and 2021 (dollars in thousands). Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Impact of CECL Adoption Provision for Credit Losses (1) Charge-offs Recoveries Ending Balance For the year ended December 31, 2023 Commercial real estate $ 13,029 $ 827 $ 1,952 $ — $ — $ 15,808 Commercial - specialized 3,425 33 398 (11 ) 175 4,020 Commercial - general 9,215 (2,574 ) 42 (469 ) 177 6,391 Consumer: 1-4 family residential 6,194 1,700 1,278 (1 ) 6 9,177 Auto loans 3,926 (332 ) 698 (888 ) 197 3,601 Other consumer 1,376 (235 ) 688 (1,140 ) 279 968 Construction 2,123 683 (96 ) (319 ) — 2,391 $ 39,288 $ 102 $ 4,960 $ (2,828 ) $ 834 $ 42,356 (1) The $4.6 million provision for credit loss on the consolidated statement of comprehensive income (loss) includes a $5.0 million provision for credit losses on loans and a $(350) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2023. Beginning Balance Provision for Credit Losses Charge-offs Recoveries Ending Balance For the year ended December 31, 2022 Commercial real estate $ 17,245 $ (4,634 ) $ — $ 418 $ 13,029 Commercial - specialized 4,363 (1,745 ) (199 ) 1,006 3,425 Commercial - general 8,466 627 (328 ) 450 9,215 Consumer: 1-4 family residential 5,268 1,026 (140 ) 40 6,194 Auto loans 3,653 637 (508 ) 144 3,926 Other consumer 1,357 932 (1,167 ) 254 1,376 Construction 1,746 538 (166 ) 5 2,123 $ 42,098 $ (2,619 ) $ (2,508 ) $ 2,317 $ 39,288 Beginning Balance Provision for Credit Losses Charge-offs Recoveries Ending For the year ended December 31, 2021 Commercial real estate $ 18,962 $ (1,826 ) $ — $ 109 $ 17,245 Commercial - specialized 5,760 (1,386 ) (172 ) 161 4,363 Commercial - general 9,227 (302 ) (677 ) 218 8,466 Consumer: 1-4 family residential 4,646 666 (52 ) 8 5,268 Auto loans 4,226 (90 ) (598 ) 115 3,653 Other consumer 1,671 339 (903 ) 250 1,357 Construction 1,061 681 — 4 1,746 $ 45,553 $ (1,918 ) $ (2,402 ) $ 865 $ 42,098 During the year ended December 31, 2023, the provision for credit losses on loans of $5.0 million was driven primarily by organic loan growth experienced during 2023 and net charge-offs of $2.0 million during the year. The following table shows the Company’s amortized cost in loans and related ACL for collateral dependent loans by class using the fair value of collateral loss estimation methodology of evaluating expected credit losses at the date indicated (dollars in thousands). Equipment Real Estate Accounts Receivable Total Loans Individually Evaluated Total ACL for Individually Evaluated Loans December 31, 2023 Commercial real estate $ — $ — $ — $ — $ — Commercial - specialized — — — — — Commercial - general 353 691 — 1,044 142 Consumer: 1-4 family residential — 362 — 362 — Auto loans — — — — — Other consumer — — — — — Construction — 218 — 218 — $ 353 $ 1,271 $ — $ 1,624 $ 142 The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment at the date indicated (dollars in thousands): Recorded Investment ACL for Loans Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated December 31, 2022 Commercial real estate $ — $ 919,358 $ — $ 13,029 Commercial - specialized — 327,513 — 3,425 Commercial - general 3,350 481,433 22 9,193 Consumer: 1-4 family residential 742 459,382 18 6,176 Auto loans — 321,476 — 3,926 Other consumer — 81,308 — 1,376 Construction 1,014 152,505 245 1,878 $ 5,106 $ 2,742,975 $ 285 $ 39,003
Impaired Loan Information	Impaired loan information at the date indicated follows (dollars in thousands): Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment December 31, 2022 Commercial real estate $ — $ — $ — $ — $ — $ 551 Commercial - specialized — — — — — — Commercial - general 3,350 799 2,551 3,350 22 4,214 Consumer: 1-4 family 742 486 256 742 18 1,167 Auto loans — — — — — — Other consumer — — — — — — Construction 1,014 686 328 1,014 245 507 $ 5,106 $ 1,971 $ 3,135 $ 5,106 $ 285 $ 6,439
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans	The table below provides an age analysis on accruing past-due loans and nonaccrual loans at year-end (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual Nonaccrual with no ACL December 31, 2023 Commercial real estate $ 499 $ 86 $ — $ — Commercial - specialized 521 — 213 — Commercial - general 1,316 296 953 — Consumer: 1-4 Family residential 793 1,390 1,828 362 Auto loans 1,208 60 — — Other consumer 1,134 103 30 — Construction 759 — 218 218 $ 6,230 $ 1,935 $ 3,242 $ 580 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual December 31, 2022 Commercial real estate $ 342 $ 27 $ — Commercial - specialized 25 13 38 Commercial - general 1,451 60 3,357 Consumer: 1-4 Family residential 1,389 1,653 1,356 Auto loans 707 85 — Other consumer 1,487 149 37 Construction 550 — 1,014 $ 5,951 $ 1,987 $ 5,802
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year and Gross Charge-offs	The following table reflects the amortized cost basis in loans by credit quality indicator and origination year at December 31, 2023, December 31, 2023, excluding loans held for sale. Loans acquired are shown in the table by origination year, not merger date. The Company had an immaterial amount of revolving loans converted to term loans at December 31, 2023. Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial real estate: Pass $ 254,766 $ 324,601 $ 189,211 $ 50,660 $ 47,988 $ 174,859 $ 3,842 $ 1,045,927 Special mention — — — 11,677 — — — 11,677 Substandard — 82 21,152 1,699 149 370 — 23,452 Total commercial real estate loans $ 254,766 $ 324,683 $ 210,363 $ 64,036 $ 48,137 $ 175,229 $ 3,842 $ 1,081,056 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial - specialized: Pass $ 117,912 $ 56,152 $ 57,839 $ 19,883 $ 10,376 $ 22,758 $ 83,368 $ 368,288 Special mention — 2,938 — — — — 300 3,238 Substandard — 105 196 393 19 137 — 850 Total commercial - specialized loans $ 117,912 $ 59,195 $ 58,035 $ 20,276 $ 10,395 $ 22,895 $ 83,668 $ 372,376 Current period gross charge-offs $ — $ — $ — $ 11 $ — $ — $ — $ 11 Commercial - general: Pass $ 88,911 $ 128,627 $ 90,957 $ 35,794 $ 45,660 $ 68,990 $ 44,131 $ 503,070 Special mention — — — — — 1,565 250 1,815 Substandard 201 2,930 4,676 227 2,749 1,442 251 12,476 Total commercial - general loans $ 89,112 $ 131,557 $ 95,633 $ 36,021 $ 48,409 $ 71,997 $ 44,632 $ 517,361 Current period gross charge-offs $ — $ 47 $ 50 $ 33 $ 18 $ 321 $ — $ 469 Consumer: 1-4 family residential: Pass $ 113,897 $ 156,549 $ 106,619 $ 51,940 $ 31,345 $ 56,666 $ 3,770 $ 520,786 Special mention — — — — — — — — Substandard 376 382 4,238 708 3,758 4,483 — 13,945 Total consumer: 1-4 family residential loans $ 114,273 $ 156,931 $ 110,857 $ 52,648 $ 35,103 $ 61,149 $ 3,770 $ 534,731 Current period gross charge-offs $ — $ — $ 1 $ — $ — $ — $ — $ 1 Consumer: auto loans: Pass $ 106,149 124,588 48,686 16,524 6,812 1,935 — 304,694 Special mention — — — — — — — — Substandard 16 189 199 60 81 32 — 577 Total consumer: auto loans $ 106,165 $ 124,777 $ 48,885 $ 16,584 $ 6,893 $ 1,967 $ — $ 305,271 Current period gross charge-offs $ 113 $ 377 $ 254 $ 14 $ 49 $ 81 $ — $ 888 Consumer: other consumer: Pass $ 23,719 $ 26,899 $ 10,198 $ 3,190 $ 2,539 $ 6,107 $ 1,364 $ 74,016 Special mention — — — — — — — — Substandard — 13 44 10 — 84 1 152 Total consumer: other consumer loans $ 23,719 $ 26,912 $ 10,242 $ 3,200 $ 2,539 $ 6,191 $ 1,365 $ 74,168 Current period gross charge-offs (1) $ 624 $ 244 $ 88 $ 32 $ 72 $ 80 $ — $ 1,140 Construction: Pass $ 61,903 $ 53,930 $ 5,511 $ 331 $ — $ — $ 6,250 $ 127,925 Special mention 131 — 820 — — — — 951 Substandard — 314 — — — — — 314 Total construction loans $ 62,034 $ 54,244 $ 6,331 $ 331 $ — $ — $ 6,250 $ 129,190 Current period gross charge-offs $ 48 $ — $ 271 $ — $ — $ — $ — $ 319 (1) Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations. The following table summarizes loans by credit quality indicator at December 31, 2022 Pass Special Mention Substandard Doubtful Total Commercial real estate $ 893,312 $ — $ 26,046 $ — $ 919,358 Commercial - specialized 326,987 — 526 — 327,513 Commercial - general 451,639 — 33,144 — 484,783 Consumer: 1-4 family residential 450,034 — 10,090 — 460,124 Auto loans 321,158 — 318 — 321,476 Other consumer 81,109 — 199 — 81,308 Construction 151,995 — 1,524 — 153,519 $ 2,676,234 $ — $ 71,847 $ — $ 2,748,081
Amortized Cost Basis of Loans Modified to Borrowers Experiencing Financial Difficulty and Financial Effects of Loan Modifications	The following table presents the amortized cost basis of loans at December 31, 2023 that were both experiencing financial difficulty and modified during the year ended December 31, 2023, by class and by type of modification . Payment Delay Term Extension Term Extension and Payment Delay Term Extension and Interest Rate Reduction Payment Delay and Interest Rate Reduction Payment Delay, Term Extension, and Interest Rate Reduction Total Class of Financing Receivable December 31, 2023 Commercial real estate $ — $ 2,118 $ 127 $ — $ — $ — 0.21 % Commercial - specialized 103 — 81 686 — — 0.23 % Commercial - general 266 6,995 598 109 — 28 1.55 % Consumer: 1-4 family 187 390 87 — — 7 0.13 % Auto loans 34 35 17 — 42 — 0.04 % Other consumer — — — — 7 — 0.01 % Construction — 2,315 302 — — — 2.03 % $ 590 $ 11,853 $ 1,212 $ 795 $ 49 $ 35 0.48 % The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following presents the performance of such loans that have been modified in the year ended December 31, 2023 (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual December 31, 2023 Commercial real estate $ — $ — $ — Commercial - specialized — — 265 Commercial - general 69 33 63 Consumer: 1-4 Family residential — — — Auto loans 69 — — Other consumer — — — Construction — — 272 $ 138 $ 33 $ 600 The following table presents the financial effects of the loan modifications presented above to borrowers experiencing financial difficulty for the year ended December 31, 2023 Principal Forgiveness Weighted- Average Interest Rate Reduction Weighted- Average Term Extension (Months) December 31, 2023 Commercial real estate $ — — 5 Commercial - specialized — 0.86 % 56 Commercial - general — 1.97 % 16 Consumer: 1-4 Family residential — 1.75 % 16 Auto loans — 0.86 % 11 Other consumer — 4.75 % — Construction — — 6 $ — 1.07 % 15

FORECLOSED ASSETS (Tables)

FORECLOSED ASSETS (Tables)	12 Months Ended
	Dec. 31, 2023
FORECLOSED ASSETS [Abstract]
Foreclosed Assets Activity	Foreclosed assets activity was as follows for the periods presented below (dollars in thousands): For the Year Ended December 31, 2023 2022 2021 Beginning balance $ 169 $ 1,032 $ 1,353 Additions 2,302 764 927 Sales, net (1,417 ) (1,627 ) (1,248 ) Current year valuation write-down (142 ) — — Ending balance $ 912 $ 169 $ 1,032
Net Expenses Related to Foreclosed Assets	Net expenses related to foreclosed assets include the following for the periods presented below (dollars in thousands): For the Year Ended December 31, 2023 2022 2021 Net gain on sales $ — $ (424 ) $ (44 ) Current year valuation write-down 142 — — Operating expenses, net of rental income 42 65 57 Foreclosed assets expense, net $ 184 $ (359 ) $ 13

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2023
PREMISES AND EQUIPMENT [Abstract]
Premises and Equipment	Detail of premises and equipment at year-end follows (dollars in thousands): December 31, 2023 2022 Land $ 9,530 $ 10,065 Buildings and improvements 66,558 63,995 Furniture and equipment 51,225 47,967 Construction in process 396 2,378 127,709 124,405 Less accumulated depreciation (72,639 ) (68,068 ) Premises and equipment, net $ 55,070 $ 56,337

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2023
LEASES [Abstract]
Balance Sheet Components of Leases	The balance sheet components of the Company’s leases at year-end are as follows (in thousands): December 31, 2023 December 31, 2022 Operating lease right of use assets (included in Other assets $ 8,681 $ 7,938 Operating lease liabilities (included in Accrued expenses and other liabilities 9,630 8,897
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows (in thousands): Year Ended December 31, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used in operating leases $ 2,004 $ 1,976 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 2,515 $ —
Maturities of Operating Lease Liabilities	Future undiscounted lease payments at December 31, 2023, under operating lease agreements, are presented below (in thousands). 2024 $ 1,772 2025 1,437 2026 1,375 2027 1,324 2028 1,169 Thereafter 5,570 Total minimum lease payments 12,647 Less: Amount representing interest 3,017 Lease liabilities $ 9,630

GOODWILL AND INTANGIBLES (Table

GOODWILL AND INTANGIBLES (Tables)	12 Months Ended
	Dec. 31, 2023
GOODWILL AND INTANGIBLES [Abstract]
Goodwill and Other Intangible Assets	Other intangible assets, which consisted of CDI, customer lists, and employment agreements at the dates indicated are summarized below (dollars in thousands): December 31, 2023 2022 Amortized intangible assets: Core deposit intangible $ 6,679 $ 6,679 Less: Accumulated amortization (4,250 ) (3,420 ) 2,429 3,259 Other intangibles — 2,972 Less: Accumulated amortization — (1,882 ) — 1,090 Other intangible assets, net $ 2,429 $ 4,349
Estimated Amount of Amortization Expense to Be Recognized over Next Five Years	The estimated amount of amortization expense for core deposit intangibles to be recognized over the next five years is as follows (dollars in thousands): 2024 $ 708 2025 587 2026 466 2027 344 2028 223

MORTGAGE SERVICING RIGHTS (Tabl

MORTGAGE SERVICING RIGHTS (Tables)	12 Months Ended
	Dec. 31, 2023
MORTGAGE SERVICING RIGHTS [Abstract]
Change in Fair Value of Mortgage Servicing Rights Asset and Other Information	The following table reflects the changes in fair value of the Company’s mortgage servicing rights asset included in the Consolidated Balance Sheets, and other information related to the serviced portfolio for the periods or dates presented (dollars in thousands): Year Ended December 31, 2023 2022 2021 Beginning balance $ 27,474 $ 19,700 $ 9,049 Additions 1,470 3,069 9,196 Valuation adjustment (2,375 ) 4,705 1,455 Ending balance $ 26,569 $ 27,474 $ 19,700 December 31, 2023 2022 Mortgage loans serviced for others $ 2,001,476 $ 2,046,490 Mortgage servicing rights assets as a percentage of serviced mortgage loans 1.33 % 1.34 %
Key Assumptions Used in Measuring Fair Value of Mortgage Servicing Rights	The following table reflects the key assumptions used in measuring the fair value of the Company’s mortgage servicing rights as of the dates indicated: December 31, 2023 2022 Weighted average constant prepayment rate 7.46 % 7.47 % Weighted average discount rate 10.66 % 9.15 % Weighted average life in years 8.09 7.91

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2023
DEPOSITS [Abstract]
Maturities of Time Deposits	The scheduled maturities of time deposits at December 31, 2023 follows (dollars in thousands): 2024 $ 339,979 2025 19,665 2026 3,864 2027 1,728 2028 2,272 Thereafter 207 $ 367,715

BORROWING ARRANGEMENTS (Tables)

BORROWING ARRANGEMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
BORROWING ARRANGEMENTS [Abstract]
Debentures and Trust Preferred Securities	The following table is a detail of the debentures and TPS at December 31, 2023 (dollars in thousands): Issue Date Amount of TPS Amount of Debentures Stated Maturity Date of TPS and Debentures (1) Interest Rate of TPS and Debentures (2)(3) SPFCT III 2004 $ 10,000 $ 10,310 2034 3-mo. CME Term SOFR + 291bps; 8.32% SPFCT IV 2005 20,000 20,619 2035 3-mo. CME Term SOFR + 165bps; 7.04% SPFCT V 2007 15,000 15,464 2037 3-mo. CME Term SOFR + 176bps; 7.15% Total $ 45,000 $ 46,393 (1) May be redeemed five years from the issue date, the Company has no current plans to redeem; (2) Interest payable quarterly with principal due at maturity; (3) Rate as of last reset date.

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2023
STOCK-BASED COMPENSATION [Abstract]
Summary of Stock Option Activity	A summary of activity in the Plan during the year ended December 31, 2023 is presented in the table below (dollars in thousands, except per share data): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life in Years Aggregate Intrinsic Value Year Ended December 31, 2023 Outstanding at beginning of year: 1,354,189 $ 16.11 $ 17,416 Granted 47,816 27.46 72 Exercised (117,292 ) 11.96 (1,994 ) Forfeited (1,125 ) 20.19 (10 ) Expired (2,730 ) 17.47 (31 ) Balance, December 31, 2023 1,280,858 $ 16.91 5.11 $ 15,453 Exercisable at end of period 1,082,939 $ 15.80 4.68 $ 14,265 Vested at end of period 1,082,939 $ 15.80 4.68 $ 14,265
Summary of Assumptions Used to Calculate Fair Value of Awards	A summary of assumptions used to calculate the fair values of the awards granted during the periods noted is presented below: Year Ended December 31, 2023 2022 2021 Expected volatility 39.13% to 39.68% 40.20% to 40.29% 41.20% to 41.32% Expected dividend yield 1.74% to 1.90% 1.30% 1.00% Expected term (years) 6.1 6.3 6.1 to 6.3 6.1 to 6.2 Risk-free interest rate 3.91% to 3.98% 1.56% to 1.95% 0.52% to 0.83% Weighted average grant date fair value $ 10.26 $ 10.54 $ 7.07
Summary of Activity of Restricted Stock Units	A summary of activity in the Plan during the year ended December 31, 2023 is presented in the table below: Number of Shares Weighted-Average Grant Date Fair Value Year Ended December 31, 2023 Outstanding at beginning of year: 84,342 $ 26.76 Granted 85,127 25.33 Exercised (38,141 ) 24.40 Forfeited (5,411 ) 25.22 Balance, December 31, 2023 125,917 $ 26.58

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
INCOME TAXES [Abstract]
Components of Income Tax Expense (Benefit)	The components of income tax expense (benefit) was as follows for the periods indicated (dollars in thousands): Year Ended December 31, 2023 2022 2021 Current expense Federal $ 16,192 $ 13,250 $ 12,834 State 381 302 220 Deferred expense Federal 99 1,359 1,453 Total $ 16,672 $ 14,911 $ 14,507
Effective Income Tax Rate Reconciliation	Effective tax rates differ from the federal statutory rate of 21% applied to income before income taxes due to the following for the periods indicated (dollars in thousands): Year Ended December 31, 2023 2022 2021 Federal statutory rate times financial statement income $ 16,678 $ 15,362 $ 15,355 Effect of: Tax-exempt income (836 ) (953 ) (978 ) State taxes, net of federal benefit 301 239 174 Earnings from bank owned life insurance (279 ) (251 ) (262 ) Non-deductible expenses 675 409 281 Other, net 133 105 (63 ) Total $ 16,672 $ 14,911 $ 14,507 Effective tax rate 20.99 % 20.38 % 19.84 %
Deferred Tax Assets and Liabilities	Year-end deferred tax assets and liabilities were due to the following at year-end (dollars in thousands): December 31, 2023 2022 Deferred tax assets Allowance for credit losses $ 8,895 $ 8,251 Deferred compensation 5,640 6,118 Leases 200 201 Other real estate owned 30 — Nonaccrual loans 78 71 Unrealized gain on available-for-sale securities 17,234 21,579 Other 456 286 Total deferred tax assets 32,533 36,506 Deferred tax liabilities Depreciation (2,800 ) (2,672 ) Intangibles (626 ) (505 ) Prepaid expenses (564 ) (355 ) Mortgage servicing rights (5,580 ) (5,770 ) Other (3,550 ) (4,386 ) Total deferred tax liabilities (13,120 ) (13,688 ) Net deferred tax asset $ 19,413 $ 22,818

OFF-BALANCE-SHEET ACTIVITIES,_2

OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2023
OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES [Abstract]
Financial Instruments Whose Contract Amounts Represent Credit Risk Outstanding	Financial instruments whose contract amounts represent credit risk outstanding at year-end follow (dollars in thousands): December 31, 2023 2022 Commitments to grant loans and unfunded commitments under lines of credit $ 598,800 $ 682,296 Standby letters-of-credit 11,503 13,864

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS (Tables)	12 Months Ended
	Dec. 31, 2023
CAPITAL AND REGULATORY MATTERS [Abstract]
Actual Capital Amounts and Ratios	The Company and its bank subsidiary’s actual capital amounts and ratios at the dates indicated follows (dollars in thousands): Actual Minimum Required Under BASEL III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2023: Total Capital to Risk Weighted Assets: Consolidated $ 589,565 16.74 % $ 369,753 10.50 % N/A N/A City Bank 494,353 14.04 % 369,635 10.50 % $ 352,033 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 482,044 13.69 % 299,324 8.50 % N/A N/A City Bank 450,607 12.80 % 299,228 8.50 % 281,627 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 437,044 12.41 % 246,502 7.00 % N/A N/A City Bank 450,607 12.80 % 246,423 7.00 % 228,822 6.50 % Tier I Capital to Average Assets: Consolidated 482,044 11.33 % 171,037 4.00 % N/A N/A City Bank 450,607 10.60 % 170,945 4.00 % 212,594 5.00 % December 31, 2022 Total Capital to Risk Weighted Assets: Consolidated $ 559,094 16.58 % $ 354,045 10.50 % N/A N/A City Bank 454,427 13.48 % 353,967 10.50 % $ 337,112 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 443,265 13.15 % 286,608 8.50 % N/A N/A City Bank 414,559 12.30 % 286,545 8.50 % 269,689 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 398,265 11.81 % 236,030 7.00 % N/A N/A City Bank 414,559 12.30 % 235,978 7.00 % 219,122 6.50 % Tier I Capital to Average Assets: Consolidated 443,265 11.03 % 161,662 4.00 % N/A N/A City Bank 414,559 10.32 % 161,574 4.00 % 200,774 5.00 %

DERIVATIVES (Tables)

DERIVATIVES (Tables)	12 Months Ended
	Dec. 31, 2023
Mortgage Banking [Member]
Derivative [Line Items]
Net Gains (Losses) Relating to Derivative Instruments	The net gains (losses) relating to free standing derivative instruments used for risk management are summarized below for the periods indicated (dollars in thousands): For the Year Ended December 31, Location 2023 2022 2021 Gain (loss) on mortgage banking derivatives Net gain (loss) on sales of loans $ (405 ) $ (1,109 ) $ (1,792 )
Fair Value of Derivatives in Consolidated Balance Sheets	The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets as of December 31 (dollars in thousands): December 31, 2023 December 31, 2022 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ — $ — $ 23,500 $ 186 Interest rate lock commitments 16,887 444 27,348 369 Total included in other assets $ 16,887 $ 444 $ 50,848 $ 555 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 19,021 $ 422 $ 5,615 $ 128 Interest rate lock commitments — — — — Total included in other liabilities $ 19,021 $ 422 $ 5,615 $ 128
Fair Value Hedging [Member]
Derivative [Line Items]
Fair Value of Derivatives in Consolidated Balance Sheets	The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of December 31: 2023 2022 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities Interest rate swaps related to fixed rate loans $ 987 $ 10 $ — $ — Interest rate swaps related to state and municipal securities — — — — Included in other assets Interest rate swaps related to fixed rate loans 7,796 158 9,493 482 Interest rate swaps related to state and municipal securities 123,760 16,628 123,760 20,125
Interest Rate Contracts [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Net Gains (Losses) Relating to Derivative Instruments	The following table reflects the changes in fair value hedges included in the Consolidated Statements of Comprehensive Income (Loss) for the periods indicated (dollars in thousands): Year Ended December 31, Interest Rate Contracts Location 2023 2022 2021 Change in fair value of interest rate swaps hedging investment securities Other noninterest expense $ (3,497 ) $ 14,439 $ 5,710 Change in fair value of hedged investment securities Other noninterest expense 3,685 (14,607 ) (5,812 ) Change in fair value of interest rate swaps hedging fixed rate loans Interest income - Loans (334 ) 911 498 Change in fair value of hedged fixed rate loans Interest income - Loans 335 (918 ) (512 )

PARENT COMPANY ONLY CONDENSED_2

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2023
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION [Abstract]
Condensed Balance Sheets	CONDENSED BALANCE SHEETS December 31, 2023 2022 ASSETS Cash and cash equivalents $ 87,167 $ 98,996 Investment in banking subsidiary 420,677 373,308 Investment in other subsidiary 51 51 Other assets 12,592 9,214 Total assets $ 520,487 $ 481,569 LIABILITIES AND STOCKHOLDERS’ EQUITY Debt $ 110,168 $ 122,354 Accrued expenses and other liabilities 3,205 2,201 Stockholders’ equity 407,114 357,014 Total liabilities and stockholders’ equity $ 520,487 $ 481,569
Condensed Statements of Income	CONDENSED STATEMENTS OF INCOME Year Ended December 31, 2023 2022 2021 Dividends $ 35,000 $ 40,375 $ 48,250 Other income 100 52 26 Interest expense (7,294 ) (5,689 ) (4,936 ) Other expense (1,897 ) (1,768 ) (1,466 ) Income before income tax and undistributed subsidiary income 25,909 32,970 41,874 Income tax benefit (1,904 ) (1,555 ) (1,339 ) Equity in undistributed subsidiary income 34,932 23,715 15,401 Net income $ 62,745 $ 58,240 $ 58,614
Condensed Statements of Cash Flows	CONDENSED STATEMENTS OF CASH FLOWS Year Ended December 31, 2023 2022 2021 Cash flows from operating activities: Net income $ 62,745 $ 58,240 $ 58,614 Adjustments: Equity in undistributed subsidiary income (34,932 ) (23,715 ) (15,401 ) Amortization of debt issuance costs 186 186 186 Stock based compensation 2,157 2,753 1,639 Change in other assets (3,378 ) (3,201 ) (1,765 ) Change in other liabilities 1,004 369 317 Net cash provided by operating activities 27,782 34,632 43,590 Cash flows from financing activities: Repayments of long-term borrowings (12,372 ) — — Payments to tax authorities for stock-based compensation (731 ) (1,168 ) (625 ) Payments to repurchase common stock (17,763 ) (22,699 ) (9,227 ) Cash dividends paid on common stock (8,745 ) (8,012 ) (5,385 ) Net cash provided by (used in) financing activities (39,611 ) (31,879 ) (15,237 ) Net change in cash and cash equivalents (11,829 ) 2,753 28,353 Beginning cash and cash equivalents 98,996 96,243 67,890 Ending cash and cash equivalents $ 87,167 $ 98,996 $ 96,243

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2023
EARNINGS PER SHARE [Abstract]
Factors Used in Earnings Per Share Computation	The factors used in the earnings per share computation follow (dollars in thousands, except per share data): December 31, 2023 2022 2021 Net income $ 62,745 $ 58,240 $ 58,614 Weighted average common shares outstanding - basic 16,843,753 17,373,138 17,953,624 Effect of dilutive securities: Stock based compensation awards 489,459 646,690 538,594 Weighted average common shares outstanding - diluted 17,333,212 18,019,828 18,492,218 Basic earnings per share $ 3.73 $ 3.35 $ 3.26 Diluted earnings per share $ 3.62 $ 3.23 $ 3.17

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2023
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax	The following table details the changes in accumulated other comprehensive income (loss) by component, net of tax for the periods indicated (dollars in thousands): Gains and (Losses) on Fair Value Hedges Unrealized Gains and (Losses) on Securities Available for Sale Total For the Year Ended December 31, 2023 Beginning balance $ 16,072 $ (81,180 ) $ (65,108 ) Other comprehensive income (loss) before reclassification (2,912 ) 13,653 10,741 Amounts reclassified from other comprehensive — 2,693 2,693 Net current period other comprehensive income (loss) (2,912 ) 16,346 13,434 Ending balance $ 13,160 $ (64,834 ) $ (51,674 ) For the Year Ended December 31, 2022 Beginning balance $ 4,532 $ 9,170 $ 13,702 Other comprehensive income (loss) before reclassification 11,540 (90,350 ) (78,810 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) 11,540 (90,350 ) (78,810 ) Ending balance $ 16,072 $ (81,180 ) $ (65,108 ) For the Year Ended December 31, 2021 Beginning balance $ (60 ) $ 21,399 $ 21,339 Other comprehensive income (loss) before reclassification 4,592 (12,229 ) (7,637 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) 4,592 (12,229 ) (7,637 ) Ending balance $ 4,532 $ 9,170 $ 13,702

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	12 Months Ended
	Dec. 31, 2023
FAIR VALUE DISCLOSURES [Abstract]
Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis	The following table summarizes fair value measurements as of the dates indicated below (dollars in thousands): Level 1 Level 2 Level 3 Total December 31, 2023 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 180,575 $ — $ 180,575 Residential mortgage-backed securities — 300,704 — 300,704 Commercial mortgage-backed securities — 41,748 — 41,748 Commercial collateralized mortgage obligations — 71,930 — 71,930 Asset-backed and other amortizing securities — 17,040 — 17,040 Other securities — 10,765 — 10,765 Loans held for sale (mandatory) — 6,615 — 6,615 Mortgage servicing rights — — 26,569 26,569 Asset derivatives — 17,230 — 17,230 Liability derivatives — (432 ) — (432 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 1,482 1,482 Level 1 Level 2 Level 3 Total December 31, 2022 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 225,055 $ — $ 225,055 Residential mortgage-backed securities — 328,845 — 328,845 Commercial mortgage-backed securities — 41,967 — 41,967 Commercial collateralized mortgage obligations — 75,638 — 75,638 Asset-backed and other amortizing securities — 19,094 — 19,094 Other securities — 11,112 — 11,112 Loans held for sale (mandatory) — 10,038 — 10,038 Mortgage servicing rights — — 27,474 27,474 Asset derivatives — 21,162 — 21,162 Liability derivatives — (128 ) — (128 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 4,821 4,821
Quantitative Information about Recurring ad Non-Recurring Level 3 Fair Value Measurements	The following table presents quantitative information about recurring and non-recurring Level 3 fair value measurements at December 31 (dollars in thousands): Fair Value Valuation Techniques Unobservable Inputs Range of Discounts December 31, 2023 Non-recurring Loans held for investment $ 1,482 Third party appraisals or inspections Collateral discounts and selling costs 20%-100 % Recurring: Mortgage servicing rights 26,569 Discounted cash flows Constant prepayment rate 7.46 % Discount rate 10.66 % December 31, 2022 Non-recurring Loans held for investment $ 4,821 Third party appraisals or inspections Collateral discounts and selling costs 20%-100 % Recurring: Mortgage servicing rights 27,474 Discounted cash flows Constant prepayment rate 7.47 % Discount rate 9.15 %
Estimated Fair Values, and Related Carrying Amounts of Financial Instruments	The estimated fair values, and related carrying amounts, of the Company’s financial instruments that are not previously disclosed in the recurring fair values section are as follows as of December 31 (dollars in thousands): Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2023 Financial assets: Cash and cash equivalents $ 330,158 $ 330,158 $ — $ — $ 330,158 Loans held for investment, net 2,971,797 — — 2,848,536 2,848,536 Loans held for sale (best efforts) 7,884 — 7,977 — 7,977 Accrued interest receivable 20,881 — 20,881 — 20,881 Financial liabilities: Deposits 3,626,153 — 3,625,321 — 3,625,321 Accrued interest payable 5,057 — 5,057 — 5,057 Junior subordinated deferrable interest debentures 46,393 — 33,098 — 33,098 Subordinated debt 63,775 — 57,497 — 57,497 Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2022 Financial assets: Cash and cash equivalents $ 234,883 $ 234,883 $ — $ — $ 234,883 Loans held for investment, net 2,708,793 — — 2,662,609 2,662,609 Loans held for sale (best efforts) 20,365 — 20,745 — 20,745 Accrued interest receivable 16,432 — 16,432 — 16,432 Financial liabilities: Deposits 3,406,430 — 3,405,222 — 3,405,222 Accrued interest payable 2,836 — 2,836 — 2,836 Junior subordinated deferrable interest debentures 46,393 — 34,606 — 34,606 Subordinated debt 75,961 — 70,835 — 70,835

IMMATERIAL CORRECTION OF PRIO_2

IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR (Tables)	12 Months Ended
	Dec. 31, 2023
Immaterial Correction of Prior Period Error [Abstract]
Summary of Immaterial Corrections to Previously Reported Audited Consolidated Financial Statements	A summary of the immaterial corrections to the Company’s previously reported audited consolidated financial statements follows. Corrected Consolidated Statement of Cash Flows for the Year Ended December 31, 2022 (in thousands): Year Ended December 31, 2022 As Reported Immaterial Correction As Corrected Proceeds from sales of loans held for sale $ 783,212 $ (120,918 ) $ 662,294 Loans originated for sale $ (719,413 ) $ 120,918 $ (598,495 ) Corrected Consolidated Statement of Cash Flows for the Year Ended December 31, 2021 (in thousands): Year Ended December 31, 2021 As Reported Immaterial Correction As Corrected Proceeds from sales of loans held for sale $ 1,577,953 $ (63,992 ) $ 1,513,961 Loans originated for sale $ (1,500,995 ) $ 63,992 $ (1,437,003 )

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands		12 Months Ended
	Apr. 01, 2023 USD ($)	Dec. 31, 2023 USD ($) Segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Leases [Abstract]
Retained earnings		$ 345,264	$ 292,261
Right-of-use asset		8,681	7,938
Lease liabilities		9,630	8,897
Accounting Standards Update and Change in Accounting Principle [Abstract]
ACL for off-balance sheet credit exposures			580
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		$ 42,356	39,288	$ 42,098	$ 45,553
Allowance for credit losses for off-balance sheet exposures			580
Securities [Abstract]
Number of days principal or interest is in default for securities to be placed on nonaccrual status		90 days
Loans [Abstract]
Number of days principal or interest payments are past due for loans to be placed on nonaccrual status		90 days
Allowance for Loan Losses [Abstract]
Period for estimate of expected credit loss for each loan		1 year
Period of macroeconomic variables forecast		1 year
Off-Balance Sheet Credit Exposures [Abstract]
Period of rolling average of historical usage used for determining utilization rates		2 years
Mortgage Servicing Rights [Abstract]
Servicing income		$ 4,200	4,100	3,100
Goodwill and Other Intangible Assets [Abstract]
Goodwill impairment loss		0	0	0
Mortgage Banking Derivatives [Abstract]
Recorded value of interest locks at inception		0
Recorded value of forward loan sales commitments at inception		0
Advertising [Abstract]
Advertising costs		$ 2,900	3,100	2,600
Segment Information [Abstract]
Number of operating segments | Segment		2
Minimum [Member]
Allowance for Loan Losses [Abstract]
Adjusted period for reasonable and supportable economic forecast		1 year
Maximum [Member]
Allowance for Loan Losses [Abstract]
Adjusted period for reasonable and supportable economic forecast		2 years
Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		$ 15,808	13,029	17,245	18,962
Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		4,020	3,425	4,363	5,760
Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		6,391	9,215	8,466	9,227
Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		9,177	6,194	5,268	4,646
Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		3,601	3,926	3,653	4,226
Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		968	1,376	1,357	1,671
Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		$ 2,391	2,123	$ 1,746	$ 1,061
Core Deposit Intangible [Member]
Goodwill and Other Intangible Assets [Abstract]
Estimated useful lives		10 years
ASU 2016-02 [Member]
Leases [Abstract]
Right-of-use asset		$ 9,400
Lease liabilities		$ 10,300
Building and Improvements [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful life		40 years
Furniture and Equipment [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Useful life		3 years
Furniture and Equipment [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful life		10 years
City Bank [Member] | Bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		City Bank
Ruidoso Retail, Inc. [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		Ruidoso Retail, Inc.
CB Provence, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		CB Provence, LLC
CBT Brushy Creek, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		CBT Brushy Creek, LLC
CBT Properties, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		CBT Properties, LLC
South Plains Financial Capital Trusts ("SPFCT") III-V [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Equity Method Subsidiaries		South Plains Financial Capital Trusts (“SPFCT”) III-V
Windmark [Member]
Windmark Sale [Abstract]
Aggregate purchase price	$ 36,100
Pre-tax gain on sale of subsidiary	$ 33,800
Impact of Adoption [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			102
Impact of Adoption [Member] | Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			827
Impact of Adoption [Member] | Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			33
Impact of Adoption [Member] | Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(2,574)
Impact of Adoption [Member] | Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			1,700
Impact of Adoption [Member] | Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(332)
Impact of Adoption [Member] | Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(235)
Impact of Adoption [Member] | Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			683
Impact of Adoption [Member] | ASU 2016-13 [Member]
Leases [Abstract]
Retained earnings			(997)
Accounting Standards Update and Change in Accounting Principle [Abstract]
ACL for off-balance sheet credit exposures			1,160
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			102
Allowance for credit losses for off-balance sheet exposures			1,160
Impact of Adoption [Member] | ASU 2016-13 [Member] | Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			827
Impact of Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			33
Impact of Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(2,574)
Impact of Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			1,700
Impact of Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(332)
Impact of Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(235)
Impact of Adoption [Member] | ASU 2016-13 [Member] | Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			683
Impact of Adoption [Member] | ASU 2016-02 [Member]
Leases [Abstract]
Retained earnings		$ (717)
Post-Adoption [Member] | ASU 2016-13 [Member]
Accounting Standards Update and Change in Accounting Principle [Abstract]
ACL for off-balance sheet credit exposures			1,740
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			39,390
Allowance for credit losses for off-balance sheet exposures			1,740
Post-Adoption [Member] | ASU 2016-13 [Member] | Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			13,856
Post-Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			3,458
Post-Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			6,641
Post-Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			7,894
Post-Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			3,594
Post-Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			1,141
Post-Adoption [Member] | ASU 2016-13 [Member] | Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			$ 2,806

SECURITIES, Available for Sale

SECURITIES, Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Available for sale [Abstract]
Amortized cost	$ 704,830	$ 804,469
Gross unrealized gains	2	27
Gross unrealized losses	(82,070)	(102,785)
Allowance for credit losses	0
Fair value	622,762	701,711
State and Municipal [Member]
Available for sale [Abstract]
Amortized cost	202,814	259,429
Gross unrealized gains	2	27
Gross unrealized losses	(22,241)	(34,401)
Allowance for credit losses	0
Fair value	180,575	225,055
Residential Mortgage-backed Securities [Member]
Available for sale [Abstract]
Amortized cost	351,251	386,783
Gross unrealized gains	0	0
Gross unrealized losses	(50,547)	(57,938)
Allowance for credit losses	0
Fair value	300,704	328,845
Commercial Mortgage-backed Securities [Member]
Available for sale [Abstract]
Amortized cost	47,898	49,161
Gross unrealized gains	0	0
Gross unrealized losses	(6,150)	(7,194)
Allowance for credit losses	0
Fair value	41,748	41,967
Commercial Collateralized Mortgage Obligations [Member]
Available for sale [Abstract]
Amortized cost	72,391	76,189
Gross unrealized gains	0	0
Gross unrealized losses	(461)	(551)
Allowance for credit losses	0
Fair value	71,930	75,638
Asset-backed and Other Amortizing Securities [Member]
Available for sale [Abstract]
Amortized cost	18,476	20,907
Gross unrealized gains	0	0
Gross unrealized losses	(1,436)	(1,813)
Allowance for credit losses	0
Fair value	17,040	19,094
Other Securities [Member]
Available for sale [Abstract]
Amortized cost	12,000	12,000
Gross unrealized gains	0	0
Gross unrealized losses	(1,235)	(888)
Allowance for credit losses	0
Fair value	$ 10,765	$ 11,112

SECURITIES, Amortized Cost and

SECURITIES, Amortized Cost and Fair Value of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Available for Sale, Amortized Cost [Abstract]
Within 1 year	$ 735
After 1 year through 5 years	6,112
After 5 years through 10 years	16,897
After 10 years	191,070
Declining-balance securities	490,016
Amortized cost	704,830	$ 804,469
Available for Sale, Fair Value [Abstract]
Within 1 year	735
After 1 year through 5 years	5,940
After 5 years through 10 years	15,640
After 10 years	169,024
Declining-balance securities	431,423
Fair value	$ 622,762	$ 701,711

SECURITIES, Securities Transfer

SECURITIES, Securities Transferred and Securities Pledged (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) Security	Dec. 31, 2022 USD ($) Security	Dec. 31, 2021 USD ($)
SECURITIES [Abstract]
Holdings of securities of any one issuer, other than the U.S. government, its agencies, or its sponsored enterprises, in an amount greater than 10% of stockholders' equity | Security		0	0
Carrying value of securities pledged to collateralize public deposits and for other purposes		$ 438,900	$ 464,100
Available for sale securities sold	$ 56,200
Realized losses on sale of available for sale securities	$ (3,400)	$ (3,409)	$ 0	$ 0

SECURITIES, Securities with Unr

SECURITIES, Securities with Unrealized Losses, Available for Sale (Details) $ in Thousands	Dec. 31, 2023 USD ($) Security	Dec. 31, 2022 USD ($)
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 3,502	$ 531,308
12 months or more	616,800	165,755
Total	620,302	697,063
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	214	61,951
12 months or more	81,856	40,834
Total	$ 82,070	102,785
Number of securities with an unrealized loss | Security	144
State and Municipal [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 207	162,746
12 months or more	177,908	57,675
Total	178,115	220,421
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	23,538
12 months or more	22,241	10,863
Total	22,241	34,401
Mortgage-backed Securities - Residential [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	9	220,752
12 months or more	300,695	108,080
Total	300,704	328,832
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	27,967
12 months or more	50,547	29,971
Total	50,547	57,938
Mortgage-backed Securities - Commercial [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	41,966
12 months or more	41,748	0
Total	41,748	41,966
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	7,194
12 months or more	6,150	0
Total	6,150	7,194
Collateralized Mortgage Obligations [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	75,638
12 months or more	71,930	0
Total	71,930	75,638
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	551
12 months or more	461	0
Total	461	551
Asset-backed and Other Amortizing Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	19,094
12 months or more	17,040	0
Total	17,040	19,094
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	1,813
12 months or more	1,436	0
Total	1,436	1,813
Other Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	3,286	11,112
12 months or more	7,479	0
Total	10,765	11,112
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	214	888
12 months or more	1,021	0
Total	$ 1,235	$ 888

LOANS HELD FOR INVESTMENT, Summ

LOANS HELD FOR INVESTMENT, Summary of Loans Held for Investment by Category (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Category	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	$ 3,014,153	$ 2,748,081
Allowance for credit losses on loans	(42,356)	(39,288)	$ (42,098)	$ (45,553)
Loans held for investment, net	2,971,797	2,708,793
Commercial Real Estate [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	1,081,056	919,358
Allowance for credit losses on loans	$ (15,808)	(13,029)	(17,245)	(18,962)
Commercial [Member]
Summary of Loans Held for Investment by Category [Abstract]
Number of sub-categories of loans | Category	2
Commercial [Member] | Specialized [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	$ 372,376	327,513
Allowance for credit losses on loans	(4,020)	(3,425)	(4,363)	(5,760)
Commercial [Member] | General [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	517,361	484,783
Allowance for credit losses on loans	(6,391)	(9,215)	(8,466)	(9,227)
Consumer [Member] | 1-4 Family Residential [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	534,731	460,124
Allowance for credit losses on loans	(9,177)	(6,194)	(5,268)	(4,646)
Consumer [Member] | Auto Loans [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	305,271	321,476
Allowance for credit losses on loans	(3,601)	(3,926)	(3,653)	(4,226)
Consumer [Member] | Other Consumer [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	74,168	81,308
Allowance for credit losses on loans	(968)	(1,376)	(1,357)	(1,671)
Construction [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	129,190	153,519
Allowance for credit losses on loans	$ (2,391)	$ (2,123)	$ (1,746)	$ (1,061)

LOANS HELD FOR INVESTMENT, Acti

LOANS HELD FOR INVESTMENT, Activity in ACL for Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2021
LOANS HELD FOR INVESTMENT [Abstract]
Ratio of allowance for credit losses to loans held for investment	1.41%		1.43%
Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 39,288		$ 42,098	$ 45,553
Provision for credit losses	4,960	[1]	(2,619)	(1,918)
Charge-offs	(2,828)		(2,508)	(2,402)
Recoveries	834		2,317	865
Ending Balance	42,356		39,288	42,098
Provision for credit loss on loans including off-balance sheet credit exposures	4,610		(2,619)	(1,918)
Provision for off-balance sheet credit exposures	(350)
Net charge offs	2,000
Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	102
Ending Balance			102
Commercial Real Estate [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	13,029		17,245	18,962
Provision for credit losses	1,952	[1]	(4,634)	(1,826)
Charge-offs	0		0	0
Recoveries	0		418	109
Ending Balance	15,808		13,029	17,245
Commercial Real Estate [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	827
Ending Balance			827
Commercial [Member] | Specialized [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	3,425		4,363	5,760
Provision for credit losses	398	[1]	(1,745)	(1,386)
Charge-offs	(11)		(199)	(172)
Recoveries	175		1,006	161
Ending Balance	4,020		3,425	4,363
Commercial [Member] | Specialized [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	33
Ending Balance			33
Commercial [Member] | General [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	9,215		8,466	9,227
Provision for credit losses	42	[1]	627	(302)
Charge-offs	(469)		(328)	(677)
Recoveries	177		450	218
Ending Balance	6,391		9,215	8,466
Commercial [Member] | General [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	(2,574)
Ending Balance			(2,574)
Consumer [Member] | 1-4 Family Residential [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	6,194		5,268	4,646
Provision for credit losses	1,278	[1]	1,026	666
Charge-offs	(1)		(140)	(52)
Recoveries	6		40	8
Ending Balance	9,177		6,194	5,268
Consumer [Member] | 1-4 Family Residential [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	1,700
Ending Balance			1,700
Consumer [Member] | Auto Loans [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	3,926		3,653	4,226
Provision for credit losses	698	[1]	637	(90)
Charge-offs	(888)		(508)	(598)
Recoveries	197		144	115
Ending Balance	3,601		3,926	3,653
Consumer [Member] | Auto Loans [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	(332)
Ending Balance			(332)
Consumer [Member] | Other Consumer [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	1,376		1,357	1,671
Provision for credit losses	688	[1]	932	339
Charge-offs	(1,140)	[2]	(1,167)	(903)
Recoveries	279		254	250
Ending Balance	968		1,376	1,357
Consumer [Member] | Other Consumer [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	(235)
Ending Balance			(235)
Construction [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	2,123		1,746	1,061
Provision for credit losses	(96)	[1]	538	681
Charge-offs	(319)		(166)	0
Recoveries	0		5	4
Ending Balance	2,391		2,123	$ 1,746
Construction [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 683
Ending Balance			$ 683
[1]The $4.6 million provision for credit loss on the consolidated statement of comprehensive income (loss) includes a $5.0 million provision for credit losses on loans and a $(350) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2023.[2]Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations.

LOANS HELD FOR INVESTMENT, Inve

LOANS HELD FOR INVESTMENT, Investment in loans Disaggregated Based on Method of Evaluating Impairment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	$ 1,624	$ 5,106
Collectively Evaluated - Probability of Default		2,742,975
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	142	285
Collectively Evaluated - Probability of Default		39,003
Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	1,271
Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	353
Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		919,358
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		13,029
Commercial Real Estate [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Commercial Real Estate [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Commercial Real Estate [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Commercial [Member] | Specialized [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		327,513
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		3,425
Commercial [Member] | Specialized [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Commercial [Member] | Specialized [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Commercial [Member] | Specialized [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Commercial [Member] | General [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	1,044	3,350
Collectively Evaluated - Probability of Default		481,433
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	142	22
Collectively Evaluated - Probability of Default		9,193
Commercial [Member] | General [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	691
Commercial [Member] | General [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	353
Commercial [Member] | General [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | 1-4 Family Residential [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	362	742
Collectively Evaluated - Probability of Default		459,382
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	18
Collectively Evaluated - Probability of Default		6,176
Consumer [Member] | 1-4 Family Residential [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	362
Consumer [Member] | 1-4 Family Residential [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | 1-4 Family Residential [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | Auto Loans [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		321,476
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		3,926
Consumer [Member] | Auto Loans [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | Auto Loans [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | Auto Loans [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | Other Consumer [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		81,308
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Collectively Evaluated - Probability of Default		1,376
Consumer [Member] | Other Consumer [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | Other Consumer [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Consumer [Member] | Other Consumer [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Construction [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	218	1,014
Collectively Evaluated - Probability of Default		152,505
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	245
Collectively Evaluated - Probability of Default		$ 1,878
Construction [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	218
Construction [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0
Construction [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	$ 0

LOANS HELD FOR INVESTMENT, Impa

LOANS HELD FOR INVESTMENT, Impaired Loan Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	$ 5,106
Recorded Investment [Abstract]
Recorded Investment With No Allowance	1,971
Recorded Investment With Allowance	3,135
Total Recorded Investment	5,106
Related Allowance	285
Average Recorded Investment	6,439
Minimum [Member]
Impaired Loan Information [Abstract]
Threshold balance of loan to be specifically reviewed for impairment	250
Commercial Real Estate [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0
Recorded Investment [Abstract]
Recorded Investment With No Allowance	0
Recorded Investment With Allowance	0
Total Recorded Investment	0
Related Allowance	0
Average Recorded Investment	551
Commercial [Member] | Specialized [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0
Recorded Investment [Abstract]
Recorded Investment With No Allowance	0
Recorded Investment With Allowance	0
Total Recorded Investment	0
Related Allowance	0
Average Recorded Investment	0
Commercial [Member] | General [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	3,350
Recorded Investment [Abstract]
Recorded Investment With No Allowance	799
Recorded Investment With Allowance	2,551
Total Recorded Investment	3,350
Related Allowance	22
Average Recorded Investment	4,214
Consumer [Member] | 1-4 Family [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	742
Recorded Investment [Abstract]
Recorded Investment With No Allowance	486
Recorded Investment With Allowance	256
Total Recorded Investment	742
Related Allowance	18
Average Recorded Investment	1,167
Consumer [Member] | Auto Loans [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0
Recorded Investment [Abstract]
Recorded Investment With No Allowance	0
Recorded Investment With Allowance	0
Total Recorded Investment	0
Related Allowance	0
Average Recorded Investment	0
Consumer [Member] | Other Consumer [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0
Recorded Investment [Abstract]
Recorded Investment With No Allowance	0
Recorded Investment With Allowance	0
Total Recorded Investment	0
Related Allowance	0
Average Recorded Investment	0
Construction [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	1,014
Recorded Investment [Abstract]
Recorded Investment With No Allowance	686
Recorded Investment With Allowance	328
Total Recorded Investment	1,014
Related Allowance	245
Average Recorded Investment	$ 507

LOANS HELD FOR INVESTMENT, Age

LOANS HELD FOR INVESTMENT, Age Analysis on Accruing Past-due Loans and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 3,014,153	$ 2,748,081
Total Nonaccrual	3,242	5,802
Nonaccrual with no ACL	580
30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	6,230	5,951
90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,935	1,987
Commercial Real Estate [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,081,056	919,358
Total Nonaccrual	0	0
Nonaccrual with no ACL	0
Commercial Real Estate [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	499	342
Commercial Real Estate [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	86	27
Commercial [Member] | Specialized [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	372,376	327,513
Total Nonaccrual	213	38
Nonaccrual with no ACL	0
Commercial [Member] | Specialized [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	521	25
Commercial [Member] | Specialized [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	0	13
Commercial [Member] | General [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	517,361	484,783
Total Nonaccrual	953	3,357
Nonaccrual with no ACL	0
Commercial [Member] | General [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,316	1,451
Commercial [Member] | General [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	296	60
Consumer [Member] | 1-4 Family Residential [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	534,731	460,124
Total Nonaccrual	1,828	1,356
Nonaccrual with no ACL	362
Consumer [Member] | 1-4 Family Residential [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	793	1,389
Consumer [Member] | 1-4 Family Residential [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,390	1,653
Consumer [Member] | Auto Loans [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	305,271	321,476
Total Nonaccrual	0	0
Nonaccrual with no ACL	0
Consumer [Member] | Auto Loans [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,208	707
Consumer [Member] | Auto Loans [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	60	85
Consumer [Member] | Other Consumer [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	74,168	81,308
Total Nonaccrual	30	37
Nonaccrual with no ACL	0
Consumer [Member] | Other Consumer [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,134	1,487
Consumer [Member] | Other Consumer [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	103	149
Construction [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	129,190	153,519
Total Nonaccrual	218	1,014
Nonaccrual with no ACL	218
Construction [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	759	550
Construction [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Amor

LOANS HELD FOR INVESTMENT, Amortized Cost Basis of Loans by Credit Quality Indicator and Origination Year and Gross Charge-offs (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2023 USD ($) Point		Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Credit Quality Information [Abstract]
Number of points on a grading scale for loans | Point		13
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans		$ 3,014,153		$ 2,748,081
Current Period Gross Charge-offs [Abstract]
2023		574
Current period gross charge-offs		2,828		2,508	$ 2,402
Minimum [Member]
Credit Quality Information [Abstract]
Non-accrual loans with direct exposure analyzed for individual evaluation		250
Accruing loans with direct exposure that are closely monitored		1,000
Past due accruing loans closely monitored		100
Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				2,676,234
Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				71,847
Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Commercial Real Estate [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		254,766
2022		324,683
2021		210,363
2020		64,036
2019		48,137
Prior		175,229
Revolving loans		3,842
Loans		1,081,056		919,358
Current Period Gross Charge-offs [Abstract]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving loans		0
Current period gross charge-offs		0		0	0
Commercial Real Estate [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		254,766
2022		324,601
2021		189,211
2020		50,660
2019		47,988
Prior		174,859
Revolving loans		3,842
Loans		1,045,927		893,312
Commercial Real Estate [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		0
2021		0
2020		11,677
2019		0
Prior		0
Revolving loans		0
Loans		11,677		0
Commercial Real Estate [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		82
2021		21,152
2020		1,699
2019		149
Prior		370
Revolving loans		0
Loans		23,452		26,046
Commercial Real Estate [Member] | Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Commercial [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		105
2021		196
2020		393
2019		19
Prior		137
Revolving loans		0
Loans		850
Commercial [Member] | Specialized [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		117,912
2022		59,195
2021		58,035
2020		20,276
2019		10,395
Prior		22,895
Revolving loans		83,668
Loans		372,376		327,513
Current Period Gross Charge-offs [Abstract]
2023		0
2022		0
2021		0
2020		11
2019		0
Prior		0
Revolving loans		0
Current period gross charge-offs		11		199	172
Commercial [Member] | Specialized [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		117,912
2022		56,152
2021		57,839
2020		19,883
2019		10,376
Prior		22,758
Revolving loans		83,368
Loans		368,288		326,987
Commercial [Member] | Specialized [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		2,938
2021		0
2020		0
2019		0
Prior		0
Revolving loans		300
Loans		3,238		0
Commercial [Member] | Specialized [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				526
Commercial [Member] | Specialized [Member] | Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Commercial [Member] | General [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		89,112
2022		131,557
2021		95,633
2020		36,021
2019		48,409
Prior		71,997
Revolving loans		44,632
Loans		517,361		484,783
Current Period Gross Charge-offs [Abstract]
2023		0
2022		47
2021		50
2020		33
2019		18
Prior		321
Revolving loans		0
Current period gross charge-offs		469		328	677
Commercial [Member] | General [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		88,911
2022		128,627
2021		90,957
2020		35,794
2019		45,660
Prior		68,990
Revolving loans		44,131
Loans		503,070		451,639
Commercial [Member] | General [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		1,565
Revolving loans		250
Loans		1,815		0
Commercial [Member] | General [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		201
2022		2,930
2021		4,676
2020		227
2019		2,749
Prior		1,442
Revolving loans		251
Loans		12,476		33,144
Commercial [Member] | General [Member] | Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Consumer [Member] | 1-4 Family Residential [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		114,273
2022		156,931
2021		110,857
2020		52,648
2019		35,103
Prior		61,149
Revolving loans		3,770
Loans		534,731		460,124
Current Period Gross Charge-offs [Abstract]
2023		0
2022		0
2021		1
2020		0
2019		0
Prior		0
Revolving loans		0
Current period gross charge-offs		1		140	52
Consumer [Member] | 1-4 Family Residential [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		113,897
2022		156,549
2021		106,619
2020		51,940
2019		31,345
Prior		56,666
Revolving loans		3,770
Loans		520,786		450,034
Consumer [Member] | 1-4 Family Residential [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving loans		0
Loans		0		0
Consumer [Member] | 1-4 Family Residential [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		376
2022		382
2021		4,238
2020		708
2019		3,758
Prior		4,483
Revolving loans		0
Loans		13,945		10,090
Consumer [Member] | 1-4 Family Residential [Member] | Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Consumer [Member] | Auto Loans [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		106,165
2022		124,777
2021		48,885
2020		16,584
2019		6,893
Prior		1,967
Revolving loans		0
Loans		305,271		321,476
Current Period Gross Charge-offs [Abstract]
2023		113
2022		377
2021		254
2020		14
2019		49
Prior		81
Revolving loans		0
Current period gross charge-offs		888		508	598
Consumer [Member] | Auto Loans [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		106,149
2022		124,588
2021		48,686
2020		16,524
2019		6,812
Prior		1,935
Revolving loans		0
Loans		304,694		321,158
Consumer [Member] | Auto Loans [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving loans		0
Loans		0		0
Consumer [Member] | Auto Loans [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		16
2022		189
2021		199
2020		60
2019		81
Prior		32
Revolving loans		0
Loans		577		318
Consumer [Member] | Auto Loans [Member] | Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Consumer [Member] | Other Consumer [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		23,719
2022		26,912
2021		10,242
2020		3,200
2019		2,539
Prior		6,191
Revolving loans		1,365
Loans		74,168		81,308
Current Period Gross Charge-offs [Abstract]
2023	[1]	624
2022	[1]	244
2021	[1]	88
2020	[1]	32
2019	[1]	72
Prior	[1]	80
Revolving loans	[1]	0
Current period gross charge-offs		1,140	[1]	1,167	903
Consumer [Member] | Other Consumer [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		23,719
2022		26,899
2021		10,198
2020		3,190
2019		2,539
Prior		6,107
Revolving loans		1,364
Loans		74,016		81,109
Consumer [Member] | Other Consumer [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		0
2021		0
2020		0
2019		0
Prior		0
Revolving loans		0
Loans		0		0
Consumer [Member] | Other Consumer [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		13
2021		44
2020		10
2019		0
Prior		84
Revolving loans		1
Loans		152		199
Consumer [Member] | Other Consumer [Member] | Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				0
Construction [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		62,034
2022		54,244
2021		6,331
2020		331
2019		0
Prior		0
Revolving loans		6,250
Loans		129,190		153,519
Current Period Gross Charge-offs [Abstract]
2023		48
2022		0
2021		271
2020		0
2019		0
Prior		0
Revolving loans		0
Current period gross charge-offs		319		166	$ 0
Construction [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		61,903
2022		53,930
2021		5,511
2020		331
2019		0
Prior		0
Revolving loans		6,250
Loans		127,925		151,995
Construction [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		131
2022		0
2021		820
2020		0
2019		0
Prior		0
Revolving loans		0
Loans		951		0
Construction [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2023		0
2022		314
2021		0
2020		0
2019		0
Prior		0
Revolving loans		0
Loans		$ 314		1,524
Construction [Member] | Doubtful [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans				$ 0
[1]Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations.

LOANS HELD FOR INVESTMENT, Am_2

LOANS HELD FOR INVESTMENT, Amortized Cost Basis of Loans Modified to Borrowers Experiencing Financial Difficulty (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.48%
Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 590
Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	11,853
Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	1,212
Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	795
Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	49
Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 35
Commercial Real Estate [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.21%
Commercial Real Estate [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0
Commercial Real Estate [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	2,118
Commercial Real Estate [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	127
Commercial Real Estate [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Commercial Real Estate [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Commercial Real Estate [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0
Commercial [Member] | Specialized [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.23%
Commercial [Member] | Specialized [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 103
Commercial [Member] | Specialized [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Commercial [Member] | Specialized [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	81
Commercial [Member] | Specialized [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	686
Commercial [Member] | Specialized [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Commercial [Member] | Specialized [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0
Commercial [Member] | General [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	1.55%
Commercial [Member] | General [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 266
Commercial [Member] | General [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	6,995
Commercial [Member] | General [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	598
Commercial [Member] | General [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	109
Commercial [Member] | General [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Commercial [Member] | General [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 28
Consumer [Member] | 1-4 Family [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.13%
Consumer [Member] | 1-4 Family [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 187
Consumer [Member] | 1-4 Family [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	390
Consumer [Member] | 1-4 Family [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	87
Consumer [Member] | 1-4 Family [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Consumer [Member] | 1-4 Family [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Consumer [Member] | 1-4 Family [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 7
Consumer [Member] | Auto Loans [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.04%
Consumer [Member] | Auto Loans [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 34
Consumer [Member] | Auto Loans [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	35
Consumer [Member] | Auto Loans [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	17
Consumer [Member] | Auto Loans [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Consumer [Member] | Auto Loans [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	42
Consumer [Member] | Auto Loans [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0
Consumer [Member] | Other Consumer [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.01%
Consumer [Member] | Other Consumer [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0
Consumer [Member] | Other Consumer [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Consumer [Member] | Other Consumer [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Consumer [Member] | Other Consumer [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Consumer [Member] | Other Consumer [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	7
Consumer [Member] | Other Consumer [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0
Construction [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	2.03%
Construction [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0
Construction [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	2,315
Construction [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	302
Construction [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Construction [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0
Construction [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0

LOANS HELD FOR INVESTMENT, Perf

LOANS HELD FOR INVESTMENT, Performance of Loans Modified (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Performance of Loans Modified [Abstract]
Loans modified		$ 0	$ 0
Nonaccrual	$ 600
30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	138
90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	33
Commercial Real Estate [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0
Commercial Real Estate [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Commercial Real Estate [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Commercial [Member] | Specialized [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	265
Commercial [Member] | Specialized [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Commercial [Member] | Specialized [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Commercial [Member] | General [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	63
Commercial [Member] | General [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	69
Commercial [Member] | General [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	33
Consumer [Member] | 1-4 Family Residential [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0
Consumer [Member] | 1-4 Family Residential [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Consumer [Member] | 1-4 Family Residential [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Consumer [Member] | Auto Loans [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0
Consumer [Member] | Auto Loans [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	69
Consumer [Member] | Auto Loans [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Consumer [Member] | Other Consumer [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0
Consumer [Member] | Other Consumer [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Consumer [Member] | Other Consumer [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Construction [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	272
Construction [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0
Construction [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	$ 0

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financial Effects of Loan Modifications (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	1.07%
Weighted-average term extension	15 months
Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0
Commercial Real Estate [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0%
Weighted-average term extension	5 months
Commercial Real Estate [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0
Commercial [Member] | Specialized [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0.86%
Weighted-average term extension	56 months
Commercial [Member] | Specialized [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0
Commercial [Member] | General [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	1.97%
Weighted-average term extension	16 months
Commercial [Member] | General [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0
Consumer [Member] | 1-4 Family Residential [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	1.75%
Weighted-average term extension	16 months
Consumer [Member] | 1-4 Family Residential [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0
Consumer [Member] | Auto Loans [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0.86%
Weighted-average term extension	11 months
Consumer [Member] | Auto Loans [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0
Consumer [Member] | Other Consumer [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	4.75%
Consumer [Member] | Other Consumer [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0
Construction [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0%
Weighted-average term extension	6 months
Construction [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0

LOANS HELD FOR INVESTMENT, Loan

LOANS HELD FOR INVESTMENT, Loans Modification (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
LOANS HELD FOR INVESTMENT [Abstract]
Financing Receivable, Modified, Subsequent Default	$ 297
Loans modified as TDR		$ 0	$ 0

FORECLOSED ASSETS, Foreclosed A

FORECLOSED ASSETS, Foreclosed Assets Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Foreclosed Assets [Roll Forward]
Beginning balance	$ 169	$ 1,032	$ 1,353
Additions	2,302	764	927
Sales, net	(1,417)	(1,627)	(1,248)
Current year valuation write-down	(142)	0	0
Ending balance	$ 912	$ 169	$ 1,032

FORECLOSED ASSETS, Net Expenses

FORECLOSED ASSETS, Net Expenses Related to Foreclosed Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net expenses related to foreclosed assets [Abstract]
Net gain on sales	$ 0	$ (424)	$ (44)
Current year valuation write-down	142	0	0
Operating expenses, net of rental income	42	65	57
Foreclosed assets expense, net	$ 184	$ (359)	$ 13

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 127,709	$ 124,405
Less accumulated depreciation	(72,639)	(68,068)
Premises and equipment, net	55,070	56,337
Depreciation expense	5,100	5,100	$ 4,800
Land [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	9,530	10,065
Buildings and Improvements [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	66,558	63,995
Furniture and Equipment [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	51,225	47,967
Construction in Process [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 396	$ 2,378

LEASES, Lessee Arrangements (De

LEASES, Lessee Arrangements (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Lease	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Lessee Arrangements [Abstract]
Finance leases	$ 0	$ 0
Balance Sheet Components of Leases [Abstract]
Operating lease right of use assets (included in Other assets)	$ 8,681	$ 7,938
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Operating lease liabilities (included in Accrued expenses and other liabilities)	$ 9,630	$ 8,897
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
Operating lease costs, including short-term lease costs	$ 2,900	$ 2,900	$ 2,500
Cash paid for amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows used in operating leases	2,004	1,976
Right-of-use assets obtained in exchange for new lease obligations [Abstract]
Operating leases	$ 2,515	$ 0
Weighted average remaining lease term	9 years 10 months 24 days	9 years 9 months 29 days
Weighted average discount rate	5.51%	4.65%
Maturities of Operating Lease Liabilities [Abstract]
2024	$ 1,772
2025	1,437
2026	1,375
2027	1,324
2028	1,169
Thereafter	5,570
Total minimum lease payments	12,647
Less: Amount representing interest	3,017
Lease liabilities	$ 9,630	$ 8,897
Leases Not yet Commenced [Abstract]
Number of additional operating leases that have not yet commenced | Lease	0
Maximum [Member]
Lessee Arrangements [Abstract]
Termination period for leases	1 year

LEASES, Lessor Arrangements (De

LEASES, Lessor Arrangements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lessor Arrangements [Abstract]
Operating lease income	$ 839	$ 800	$ 890
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Occupancy and equipment, net	Occupancy and equipment, net	Occupancy and equipment, net

GOODWILL AND INTANGIBLES (Detai

GOODWILL AND INTANGIBLES (Details) - USD ($) $ in Thousands		12 Months Ended
	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Abstract]
Goodwill		$ 19,315	$ 19,508
Amortized Intangible Assets [Abstract]
Other intangible assets, net		2,429	4,349
Amortization expense of other intangibles		1,000	1,500	$ 1,700
Windmark [Member]
Amortized Intangible Assets [Abstract]
Removal of goodwill	$ 193
Removal of other intangible assets, net of accumulated amortization	$ 942
Core Deposit Intangible [Member]
Amortized Intangible Assets [Abstract]
Other intangible assets, gross		6,679	6,679
Less: Accumulated amortization		(4,250)	(3,420)
Other intangible assets, net		2,429	3,259
Estimated Amount of Amortization Expense to Be Recognized over Next Five Years [Abstract]
2024		708
2025		587
2026		466
2027		344
2028		223
Other Intangibles [Member]
Amortized Intangible Assets [Abstract]
Other intangible assets, gross		0	2,972
Less: Accumulated amortization		0	(1,882)
Other intangible assets, net		$ 0	$ 1,090

MORTGAGE SERVICING RIGHTS (Deta

MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Mortgage Servicing Rights Asset [Roll Forward]
Beginning balance	$ 27,474	$ 19,700	$ 9,049
Additions	1,470	3,069	9,196
Valuation adjustment	(2,375)	4,705	1,455
Ending balance	26,569	27,474	$ 19,700
Mortgage Servicing Rights Other Information [Abstract]
Mortgage loans serviced for others	$ 2,001,476	$ 2,046,490
Mortgage servicing rights assets as a percentage of serviced mortgage loans	1.33%	1.34%
Key Assumptions Used in Measuring Fair Value of Mortgage Servicing Rights [Abstract]
Weighted average constant prepayment rate	7.46%	7.47%
Weighted average discount rate	10.66%	9.15%
Weighted average life in years	8 years 1 month 2 days	7 years 10 months 28 days

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
DEPOSITS [Abstract]
Time deposit meeting or exceeding FDIC Insurance limit of $250,000	$ 170,400	$ 131,000
Maturities of Time Deposits [Abstract]
2024	339,979
2025	19,665
2026	3,864
2027	1,728
2028	2,272
Thereafter	207
Total	$ 367,715

BORROWING ARRANGEMENTS, Short-t

BORROWING ARRANGEMENTS, Short-term Borrowings (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Federal Funds Purchased [Member]
Short-term borrowings [Abstract]
Short-term borrowings	$ 0
Short-term borrowings, maturity period	1 day
FHLB Short-Term Advances [Member]
Short-term borrowings [Abstract]
Short-term borrowings		$ 0

BORROWING ARRANGEMENTS, Lines o

BORROWING ARRANGEMENTS, Lines of Credit (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Line of Credit Facility [Abstract]
Carrying amount of FHLB stock	$ 3	$ 2.8
FHLB stock, available borrowing capacity	1,100	920.2
Outstanding borrowings	0	0
Bank Subsidiary [Member] | Federal Reserve Bank of Dallas (FRB) [Member]
Line of Credit Facility [Abstract]
Line of credit, current borrowing capacity	595.4	648.3
Bank Subsidiary [Member] | Federal Reserve Bank of Dallas (FRB) [Member] | Bank Term Funding Program [Member]
Line of Credit Facility [Abstract]
Line of credit, securities available to be used as collateral for additional borrowings	134
Bank Subsidiary [Member] | Multiple Banks [Member]
Line of Credit Facility [Abstract]
Line of credit, current borrowing capacity	$ 140	$ 160

BORROWING ARRANGEMENTS, Notes P

BORROWING ARRANGEMENTS, Notes Payable and Other Borrowings (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Federal Home Loan Bank Advance [Member] | Federal Home Loan Bank of Dallas [Member] | City Bank [Member]
Detail of Advances from FHLB [Abstract]
Original amount of advances	$ 0	$ 0

BORROWING ARRANGEMENTS, Junior

BORROWING ARRANGEMENTS, Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities (Details) - USD ($) $ in Thousands			12 Months Ended
		Nov. 08, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2018
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 46,393	$ 46,393
Subordinated Debt [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, face amount			64,100	$ 76,500
Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Common capital securities issued by the trusts			1,400
Detail of debentures and TPS [Abstract]
Amount of TPS			45,000
Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 46,393
Debentures and Trust Preferred Securities [Member] | Maximum [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Number of consecutive years during which interest can be deferred			5 years
Detail of debentures and TPS [Abstract]
Period after issue date when debt securities may be redeemed			5 years
SPFCT III [Member] | Trust Preferred Securities [Member]
Detail of debentures and TPS [Abstract]
Amount of TPS			$ 10,000
SPFCT III [Member] | Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 10,310
SPFCT III [Member] | Debentures and Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date	[1]		Dec. 31, 2034
Detail of debentures and TPS [Abstract]
Issue date			Dec. 31, 2004
Subordinated debt, redemption date	[1]		Dec. 31, 2034
Interest rate	[2],[3]		8.32%
SPFCT III [Member] | Debentures and Trust Preferred Securities [Member] | SOFR [Member]
Detail of debentures and TPS [Abstract]
Term of variable rate	[2],[3]		3 months
Basis spread on variable rate	[2],[3]		2.91%
SPFCT IV [Member] | Trust Preferred Securities [Member]
Detail of debentures and TPS [Abstract]
Amount of TPS			$ 20,000
SPFCT IV [Member] | Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 20,619
SPFCT IV [Member] | Debentures and Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date	[1]		Dec. 31, 2035
Detail of debentures and TPS [Abstract]
Issue date			Dec. 31, 2005
Subordinated debt, redemption date	[1]		Dec. 31, 2035
Interest rate	[2],[3]		7.04%
SPFCT IV [Member] | Debentures and Trust Preferred Securities [Member] | SOFR [Member]
Detail of debentures and TPS [Abstract]
Term of variable rate	[2],[3]		3 months
Basis spread on variable rate	[2],[3]		1.65%
SPFCT V [Member] | Trust Preferred Securities [Member]
Detail of debentures and TPS [Abstract]
Amount of TPS			$ 15,000
SPFCT V [Member] | Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 15,464
SPFCT V [Member] | Debentures and Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date	[1]		Dec. 31, 2037
Detail of debentures and TPS [Abstract]
Issue date			Dec. 31, 2007
Subordinated debt, redemption date	[1]		Dec. 31, 2037
Interest rate	[2],[3]		7.15%
SPFCT V [Member] | Debentures and Trust Preferred Securities [Member] | SOFR [Member]
Detail of debentures and TPS [Abstract]
Term of variable rate	[2],[3]		3 months
Basis spread on variable rate	[2],[3]		1.76%
Subordinated Debt Securities Issued in December 2018 [Member] | Subordinated Debt [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, face amount					$ 26,500
Subordinated Debt Securities Issued in December 2018 [Member] | Subordinated Debt [Member] | Debt Securities One [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date		Dec. 15, 2023	Dec. 31, 2028
Debt instrument, face amount		$ 12,400			$ 12,400
Detail of debentures and TPS [Abstract]
Subordinated debt, redemption date		Dec. 15, 2023	Dec. 31, 2028
[1]May be redeemed five years from the issue date, the Company has no current plans to redeem;[2]Interest payable quarterly with principal due at maturity;[3]Rate as of last reset date.

BORROWING ARRANGEMENTS, Subordi

BORROWING ARRANGEMENTS, Subordinated Debt (Details) - USD ($) $ in Thousands		12 Months Ended
	Nov. 08, 2023	Dec. 31, 2023	Dec. 31, 2022	Sep. 29, 2020	Dec. 31, 2018
Subordinated Debt [Abstract]
Subordinated debt		$ 63,775	$ 75,961
Subordinated Debt [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount		64,100	76,500
Debt issuance cost		325	511
Subordinated debt		$ 63,800	$ 76,000
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount					$ 26,500
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount	$ 12,400				$ 12,400
Debt instrument, maturity date	Dec. 15, 2023	Dec. 31, 2028
Debt instrument, weighted average interest rate					5.74%
Debt instrument, period of fixed interest rate		5 years
Debt instrument, variable interest rate, floor		4%
Debt instrument, variable interest rate, ceiling		7.50%
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member] | Maximum [Member]
Subordinated Debt [Abstract]
Remaining maturity period during which debt can be called		5 years
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount					$ 14,100
Debt instrument, maturity date		Dec. 31, 2030
Debt instrument, weighted average interest rate					6.41%
Debt instrument, period of fixed interest rate		7 years
Debt instrument, variable interest rate, floor		4%
Debt instrument, variable interest rate, ceiling		7.50%
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member] | Maximum [Member]
Subordinated Debt [Abstract]
Remaining maturity period during which debt can be called		5 years
Subordinated Debt [Member] | Subordinated Debt Securities Issued in September 29, 2020 [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount				$ 50,000
Debt issuance cost				$ 926
Debt instrument, maturity date		Sep. 30, 2030
Debt instrument, initial interest rate				4.50%
Debt instrument, period of fixed interest rate		5 years
Subordinated Debt [Member] | Subordinated Debt Securities Issued in September 29, 2020 [Member] | SOFR [Member]
Subordinated Debt [Abstract]
Term of variable rate		3 months
Basis spread on variable rate		4.38%
Subordinated Debt [Member] | Subordinated Debt Securities Issued in September 29, 2020 [Member] | Maximum [Member]
Subordinated Debt [Abstract]
Remaining maturity period during which debt can be called		5 years

EMPLOYEE BENEFITS, Employee Sto

EMPLOYEE BENEFITS, Employee Stock Ownership Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
401K Plan [Member]
EMPLOYEE BENEFITS [Abstract]
Percentage of employer matching contribution for first 5% of participant's contribution	100%
Percentage of participant's compensation contributed for employer's 100% matching contribution	5%
Expense for contributions to 401 (k) plan	$ 1,800,000	$ 1,900,000	$ 1,800,000
Employee Stock Ownership Plan (ESOP) Plan [Member]
EMPLOYEE BENEFITS [Abstract]
Required service period for an employee to be covered by ESOP plan	1 month
Minimum threshold of ESOP participant account balance for distribution to an individual retirement account	$ 1,000
Maximum threshold of ESOP participant account balance for distribution of lump sum cash payment	$ 10,000
Shares held by ESOP (in shares)		2,574,100

EMPLOYEE BENEFITS, Employee Hea

EMPLOYEE BENEFITS, Employee Health Benefits (Details) - Employee Health Benefits [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) h	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Employee Health Benefits [Abstract]
Waiting period to be eligible for non-officers	60 days
Welfare benefit expense	$ 4,400	$ 4,200	$ 4,500
Accrued benefit obligations	742	$ 653
Annual limit for stop loss amount per participant	$ 150
Minimum [Member]
Employee Health Benefits [Abstract]
Number of working hours required per week to be eligible to cover under self-insured welfare benefit plan | h	30

EMPLOYEE BENEFITS, Non-Qualifie

EMPLOYEE BENEFITS, Non-Qualified Plans (Details) - Executive Salary Continuation Plan [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Non-Qualified Plans [Abstract]
Liabilities for cost of benefits accrued	$ 13.3	$ 12.9
Charges to income for plans	$ 1.1	$ 1	$ 1
Defined Benefit Plan, Tax Status [Extensible Enumeration]	us-gaap:NonqualifiedPlanMember	us-gaap:NonqualifiedPlanMember	us-gaap:NonqualifiedPlanMember
Defined Benefit Plan, Funding Status [Extensible Enumeration]	us-gaap:UnfundedPlanMember	us-gaap:UnfundedPlanMember	us-gaap:UnfundedPlanMember

STOCK-BASED COMPENSATION, Equit

STOCK-BASED COMPENSATION, Equity Incentive Plan (Details) - 2019 Equity Incentive Plan [Member] - shares	Mar. 06, 2019	Dec. 31, 2023
Equity Incentive Plan [Abstract]
Maximum aggregate number of shares of common stock that may be issued (in shares)		4,426,996
Maximum [Member]
Equity Incentive Plan [Abstract]
Annual increase in number of shares that may be issued	3%

STOCK-BASED COMPENSATION, Stock

STOCK-BASED COMPENSATION, Stock Options Activity (Details) - 2019 Equity Incentive Plan [Member] - Stock Options [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares) | shares	1,354,189
Granted (in shares) | shares	47,816
Exercised (in shares) | shares	(117,292)
Forfeited (in shares) | shares	(1,125)
Expired (in shares) | shares	(2,730)
Outstanding at end of year (in shares) | shares	1,280,858
Exercisable at end of period (in shares) | shares	1,082,939
Vested at end of period (in shares) | shares	1,082,939
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollars per share) | $ / shares	$ 16.11
Granted (in dollars per share) | $ / shares	27.46
Exercised (in dollars per share) | $ / shares	11.96
Forfeited (in dollars per share) | $ / shares	20.19
Expired (in dollars per share) | $ / shares	17.47
Outstanding at end of year (in dollars per share) | $ / shares	16.91
Exercisable at end of period (in dollars per share) | $ / shares	15.8
Vested at end of period (in dollars per share) | $ / shares	$ 15.8
Weighted Average Remaining Contractual Life in Years [Abstract]
Outstanding	5 years 1 month 9 days
Exercisable at end of period	4 years 8 months 4 days
Vested at end of period	4 years 8 months 4 days
Aggregate Intrinsic Value [Abstract]
Outstanding at beginning of year | $	$ 17,416
Granted | $	72
Exercised | $	(1,994)
Forfeited | $	(10)
Expired | $	(31)
Outstanding at end of year | $	15,453
Exercisable at end of period | $	14,265
Vested at end of period | $	$ 14,265

STOCK-BASED COMPENSATION, Fair

STOCK-BASED COMPENSATION, Fair Value Assumptions (Details) - Stock Options [Member] - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected dividend yield		1.30%	1%
Weighted average grant date fair value (in dollars per share)	$ 10.26	$ 10.54	$ 7.07
Minimum [Member]
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility	39.13%	40.20%	41.20%
Expected dividend yield	1.74%
Expected term	6 years 1 month 6 days	6 years 1 month 6 days	6 years 1 month 6 days
Risk-free interest rate	3.91%	1.56%	0.52%
Maximum [Member]
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility	39.68%	40.29%	41.32%
Expected dividend yield	1.90%
Expected term	6 years 3 months 18 days	6 years 3 months 18 days	6 years 2 months 12 days
Risk-free interest rate	3.98%	1.95%	0.83%
2019 Equity Incentive Plan [Member]
Equity Incentive Plan [Abstract]
Intrinsic value of options exercised	$ 1.8	$ 3.9	$ 2.1

STOCK-BASED COMPENSATION, Restr

STOCK-BASED COMPENSATION, Restricted Stock Awards and Units (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Weighted-Average Exercise Price [Abstract]
Stock-based compensation	$ 2,157	$ 2,753	$ 1,639
Restricted Stock Units [Member]
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares)	84,342
Granted (in shares)	85,127
Exercised (in shares)	(38,141)
Forfeited (in shares)	(5,411)
Outstanding at end of year (in shares)	125,917	84,342
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollars per share)	$ 26.76
Granted (in dollars per share)	25.33
Exercised (in dollars per share)	24.4
Forfeited (in dollars per share)	25.22
Outstanding at end of year (in dollars per share)	$ 26.58	$ 26.76
Fair value of restricted stock units vested	$ 931	$ 601	489
Stock-based compensation	2,200	$ 2,800	$ 1,600
Unrecognized compensation cost	$ 2,900
Weighted average remaining period, recognition of compensation cost	1 year 7 months 28 days
Restricted Stock Units [Member] | Minimum [Member]
Weighted-Average Exercise Price [Abstract]
Award vesting period	1 year
Restricted Stock Units [Member] | Maximum [Member]
Weighted-Average Exercise Price [Abstract]
Award vesting period	4 years

INCOME TAXES, Components of Inc

INCOME TAXES, Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current expense [Abstract]
Federal	$ 16,192	$ 13,250	$ 12,834
State	381	302	220
Deferred expense [Abstract]
Federal	99	1,359	1,453
Total	$ 16,672	$ 14,911	$ 14,507

INCOME TAXES, Effective Income

INCOME TAXES, Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INCOME TAXES [Abstract]
Federal statutory rate	21%
Reconciliation of Income Tax Expenses [Abstract]
Federal statutory rate times financial statement income	$ 16,678	$ 15,362	$ 15,355
Effect of [Abstract]
Tax-exempt income	(836)	(953)	(978)
State taxes, net of federal benefit	301	239	174
Earnings from bank owned life insurance	(279)	(251)	(262)
Non-deductible expenses	675	409	281
Other, net	133	105	(63)
Total	$ 16,672	$ 14,911	$ 14,507
Effective tax rate	20.99%	20.38%	19.84%

INCOME TAXES, Deferred Tax Asse

INCOME TAXES, Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets [Abstract]
Allowance for credit losses	$ 8,895	$ 8,251
Deferred compensation	5,640	6,118
Leases	200	201
Other real estate owned	30	0
Nonaccrual loans	78	71
Unrealized gain on available-for-sale securities	17,234	21,579
Other	456	286
Total deferred tax assets	32,533	36,506
Deferred tax liabilities [Abstract]
Depreciation	(2,800)	(2,672)
Intangibles	(626)	(505)
Prepaid expenses	(564)	(355)
Mortgage servicing rights	(5,580)	(5,770)
Other	(3,550)	(4,386)
Total deferred tax liabilities	(13,120)	(13,688)
Net deferred tax asset	$ 19,413	$ 22,818

RELATED-PARTY TRANSACTIONS (Det

RELATED-PARTY TRANSACTIONS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
RELATED-PARTY TRANSACTIONS [Abstract]
Direct and indirect loans to related parties, aggregated amount	$ 10.7	$ 9.7
Charge-offs related to related-party loans	$ 0	$ 0

OFF-BALANCE-SHEET ACTIVITIES,_3

OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
FHLB Letters of Credit [Abstract]
Letters of credit outstanding balance	$ 0	$ 0
Commitments to Grant Loans and Unfunded Commitments Under Lines of Credit [Member]
Financial instruments with off-balance sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	598,800	682,296
Standby Letters-of-credit [Member]
Financial instruments with off-balance sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	$ 11,503	$ 13,864

CAPITAL AND REGULATORY MATTER_2

CAPITAL AND REGULATORY MATTERS (Details) $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Consolidated [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 589,565	$ 559,094
Actual, Ratio	0.1674	0.1658
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 369,753	$ 354,045
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.105	0.105
Tier 1 Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 482,044	$ 443,265
Actual, Ratio	0.1369	0.1315
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 299,324	$ 286,608
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.085	0.085
Common Equity Tier 1 to Risk Weighted Assets [Abstract]
Actual, Amount	$ 437,044	$ 398,265
Actual, Ratio	0.1241	0.1181
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 246,502	$ 236,030
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.07	0.07
Tier 1 Capital to Average Assets [Abstract]
Actual, Amount	$ 482,044	$ 443,265
Actual, Ratio	0.1133	0.1103
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 171,037	$ 161,662
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.04	0.04
City Bank [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 494,353	$ 454,427
Actual, Ratio	0.1404	0.1348
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 369,635	$ 353,967
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.105	0.105
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 352,033	$ 337,112
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.10	0.10
Tier 1 Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 450,607	$ 414,559
Actual, Ratio	0.128	0.123
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 299,228	$ 286,545
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.085	0.085
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 281,627	$ 269,689
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.08	0.08
Common Equity Tier 1 to Risk Weighted Assets [Abstract]
Actual, Amount	$ 450,607	$ 414,559
Actual, Ratio	0.128	0.123
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 246,423	$ 235,978
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.07	0.07
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 228,822	$ 219,122
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.065	0.065
Tier 1 Capital to Average Assets [Abstract]
Actual, Amount	$ 450,607	$ 414,559
Actual, Ratio	0.106	0.1032
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 170,945	$ 161,574
Minimum Required Under BASEL III Fully Phased-In, Ratio	0.04	0.04
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 212,594	$ 200,774
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.05	0.05

DERIVATIVES, Fair Value Hedges

DERIVATIVES, Fair Value Hedges in Consolidated Balance Sheets (Details) - Fair Value Hedging [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest Rate Swaps [Member] | Other Liabilities [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	$ 987	$ 0
Derivative liability, fair value	10	0
Interest Rate Swaps [Member] | Other Assets [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	7,796	9,493
Derivative asset, fair value	158	482
Interest Rate Swaps [Member] | Other Noninterest Expense [Member]
Changes in fair value hedges included in Consolidated Statements of Comprehensive Income [Abstract]
Interest rate swaps - fair value hedges	(3,497)	14,439	$ 5,710
Fair value hedge ineffectiveness	3,685	(14,607)	(5,812)
Interest Rate Swaps [Member] | Interest Income [Member]
Changes in fair value hedges included in Consolidated Statements of Comprehensive Income [Abstract]
Interest rate swaps - fair value hedges	(334)	911	498
Fair value hedge ineffectiveness	335	(918)	$ (512)
Cash Flow Swaps [Member] | Other Liabilities [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	0	0
Derivative liability, fair value	0	0
Cash Flow Swaps [Member] | Other Assets [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	123,760	123,760
Derivative asset, fair value	$ 16,628	$ 20,125

DERIVATIVES, Mortgage Banking D

DERIVATIVES, Mortgage Banking Derivatives (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Assets [Member] | Interest Rate Swap [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Cash collateral advanced to offset liability position	$ 1,100	$ 1,100
Other Liabilities [Member] | Interest Rate Swap [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Cash collateral received to offset asset derivative positions	18,300	18,900
Mortgage Forward Contracts [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Cash collateral advanced to offset liability position	440	440
Mortgage Banking [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	16,887	50,848
Derivative asset, fair value	444	555
Mortgage Banking [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	19,021	5,615
Derivative liability, fair value	422	128
Mortgage Banking [Member] | Mortgage Banking Derivatives [Member] | Net Gain (Loss) on Sales of Loans [Member]
Derivative instruments impact on results of operations [Abstract]
Gain (loss) on mortgage banking derivatives	(405)	(1,109)	$ (1,792)
Mortgage Banking [Member] | Forward Contracts [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	0	23,500
Derivative asset, fair value	0	186
Mortgage Banking [Member] | Forward Contracts [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	19,021	5,615
Derivative liability, fair value	422	128
Mortgage Banking [Member] | Interest Rate Lock Commitments [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	16,887	27,348
Derivative asset, fair value	444	369
Mortgage Banking [Member] | Interest Rate Lock Commitments [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	0	0
Derivative liability, fair value	$ 0	$ 0

PARENT COMPANY ONLY CONDENSED_3

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION, Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
ASSETS [Abstract]
Cash and cash equivalents	$ 330,158	$ 234,883
Other assets	47,396	48,181
Total assets	4,204,793	3,944,063
LIABILITIES AND STOCKHOLDERS' EQUITY [Abstract]
Accrued expenses and other liabilities	61,358	58,265
Stockholders' equity	407,114	357,014	$ 407,427	$ 370,048
Total liabilities and stockholders' equity	4,204,793	3,944,063
South Plains Financial, Inc. [Member]
ASSETS [Abstract]
Cash and cash equivalents	87,167	98,996
Other assets	12,592	9,214
Total assets	520,487	481,569
LIABILITIES AND STOCKHOLDERS' EQUITY [Abstract]
Debt	110,168	122,354
Accrued expenses and other liabilities	3,205	2,201
Stockholders' equity	407,114	357,014
Total liabilities and stockholders' equity	520,487	481,569
South Plains Financial, Inc. [Member] | Bank Subsidiary [Member]
ASSETS [Abstract]
Investment in subsidiary	420,677	373,308
South Plains Financial, Inc. [Member] | Other Subsidiary [Member]
ASSETS [Abstract]
Investment in subsidiary	$ 51	$ 51

PARENT COMPANY ONLY CONDENSED_4

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION, Condensed Statements of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Interest expense	$ (72,286)	$ (22,692)	$ (13,272)
Other expense	(16,118)	(17,522)	(17,883)
Income before income taxes	79,417	73,151	73,121
Income tax benefit	16,672	14,911	14,507
Net income	62,745	58,240	58,614
South Plains Financial, Inc. [Member]
Income Statement [Abstract]
Dividends	35,000	40,375	48,250
Other income	100	52	26
Interest expense	(7,294)	(5,689)	(4,936)
Other expense	(1,897)	(1,768)	(1,466)
Income before income taxes	25,909	32,970	41,874
Income tax benefit	(1,904)	(1,555)	(1,339)
Equity in undistributed subsidiary income	34,932	23,715	15,401
Net income	$ 62,745	$ 58,240	$ 58,614

PARENT COMPANY ONLY CONDENSED_5

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION, Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities [Abstract]
Net income	$ 62,745	$ 58,240	$ 58,614
Adjustments [Abstract]
Stock based compensation	2,157	2,753	1,639
Net cash provided by operating activities	58,539	123,590	96,271
Cash flows from financing activities [Abstract]
Payments to tax authorities for stock-based compensation	(731)	(1,168)	(625)
Payments to repurchase common stock	(17,763)	(22,699)	(9,227)
Cash dividends paid on common stock	(8,745)	(8,012)	(5,385)
Net cash provided by financing activities	180,112	33,329	250,084
Net change in cash and cash equivalents	95,275	(251,938)	186,514
Beginning cash and cash equivalents	234,883	486,821	300,307
Ending cash and cash equivalents	330,158	234,883	486,821
South Plains Financial, Inc. [Member]
Cash flows from operating activities [Abstract]
Net income	62,745	58,240	58,614
Adjustments [Abstract]
Equity in undistributed subsidiary income	(34,932)	(23,715)	(15,401)
Amortization of debt issuance costs	186	186	186
Stock based compensation	2,157	2,753	1,639
Change in other assets	(3,378)	(3,201)	(1,765)
Change in other liabilities	1,004	369	317
Net cash provided by operating activities	27,782	34,632	43,590
Cash flows from financing activities [Abstract]
Repayments of long-term borrowings	(12,372)	0	0
Payments to tax authorities for stock-based compensation	(731)	(1,168)	(625)
Payments to repurchase common stock	(17,763)	(22,699)	(9,227)
Cash dividends paid on common stock	(8,745)	(8,012)	(5,385)
Net cash provided by financing activities	(39,611)	(31,879)	(15,237)
Net change in cash and cash equivalents	(11,829)	2,753	28,353
Beginning cash and cash equivalents	98,996	96,243	67,890
Ending cash and cash equivalents	$ 87,167	$ 98,996	$ 96,243

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
EARNINGS PER SHARE [Abstract]
Net income	$ 62,745	$ 58,240	$ 58,614
Weighted average common shares outstanding - basic (in shares)	16,843,753	17,373,138	17,953,624
Effect of dilutive securities [Abstract]
Stock-based compensation awards (in shares)	489,459	646,690	538,594
Weighted average common shares outstanding - diluted (in shares)	17,333,212	18,019,828	18,492,218
Basic earnings per share (in dollars per share)	$ 3.73	$ 3.35	$ 3.26
Diluted earnings per share (in dollars per share)	$ 3.62	$ 3.23	$ 3.17

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	$ 357,014	$ 407,427	$ 370,048
Other comprehensive income (loss) before reclassification	10,741	(78,810)	(7,637)
Amounts reclassified from other comprehensive	2,693	0	0
Other comprehensive income (loss)	13,434	(78,810)	(7,637)
Balance	407,114	357,014	407,427
Accumulated Other Comprehensive Income (Loss) [Member]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	(65,108)	13,702	21,339
Other comprehensive income (loss)	13,434	(78,810)	(7,637)
Balance	(51,674)	(65,108)	13,702
Gains and (Losses) on Fair Value Hedges [Member]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	16,072	4,532	(60)
Other comprehensive income (loss) before reclassification	(2,912)	11,540	4,592
Amounts reclassified from other comprehensive	0	0	0
Other comprehensive income (loss)	(2,912)	11,540	4,592
Balance	13,160	16,072	4,532
Unrealized Gains and (Losses) on Securities Available for Sale [Member]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	(81,180)	9,170	21,399
Other comprehensive income (loss) before reclassification	13,653	(90,350)	(12,229)
Amounts reclassified from other comprehensive	2,693	0	0
Other comprehensive income (loss)	16,346	(90,350)	(12,229)
Balance	$ (64,834)	$ (81,180)	$ 9,170

FAIR VALUE DISCLOSURES, Assets

FAIR VALUE DISCLOSURES, Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Securities available for sale [Abstract]
Securities available for sale	$ 622,762	$ 701,711
Mortgage servicing rights	26,569	27,474	$ 19,700	$ 9,049
State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	180,575	225,055
Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	300,704	328,845
Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	41,748	41,967
Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	71,930	75,638
Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	10,765	11,112
Recurring [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	17,040	19,094
Loans held for sale (mandatory)	6,615	10,038
Mortgage servicing rights	26,569	27,474
Asset derivatives	$ 17,230	$ 21,162
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Liability derivatives	$ (432)	$ (128)
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
Recurring [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	$ 180,575	$ 225,055
Recurring [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	300,704	328,845
Recurring [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	41,748	41,967
Recurring [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	71,930	75,638
Recurring [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	10,765	11,112
Recurring [Member] | Level 1 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	0	0
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 1 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 2 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	17,040	19,094
Loans held for sale (mandatory)	6,615	10,038
Mortgage servicing rights	0	0
Asset derivatives	17,230	21,162
Liability derivatives	(432)	(128)
Recurring [Member] | Level 2 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	180,575	225,055
Recurring [Member] | Level 2 [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	300,704	328,845
Recurring [Member] | Level 2 [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	41,748	41,967
Recurring [Member] | Level 2 [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	71,930	75,638
Recurring [Member] | Level 2 [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	10,765	11,112
Recurring [Member] | Level 3 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	26,569	27,474
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 3 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Non-recurring [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	1,482	4,821
Non-recurring [Member] | Level 1 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	0	0
Non-recurring [Member] | Level 2 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	0	0
Non-recurring [Member] | Level 3 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	$ 1,482	$ 4,821

FAIR VALUE DISCLOSURES, Fair Va

FAIR VALUE DISCLOSURES, Fair Values of Assets Recorded on a Recurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Values of Assets Recorded on a Recurring Basis for which the Fair Value Option has been Elected [Abstract]
Aggregate fair value of loans held for sale for mandatory delivery	$ 6,615	$ 10,038
Recurring [Member]
Fair Values of Assets Recorded on a Recurring Basis for which the Fair Value Option has been Elected [Abstract]
Gains or losses recorded attributable to changes in instrument-specific credit risk	0	0
Aggregate fair value of loans held for sale for mandatory delivery	6,600	10,000
Aggregate fair value of unpaid principal balance	6,400	9,900
Fair value and unpaid principal balance difference amount	190	163
Loans held for sale for mandatory delivery designated as nonaccrual	0	0
Loans held for sale for mandatory delivery 90 days or more past due	0	0
Impact of fair value options on noninterest income for loans held for sale for mandatory delivery	$ (424)	$ (2,100)	$ (3,400)

FAIR VALUE DISCLOSURES, Quantit

FAIR VALUE DISCLOSURES, Quantitative Information about Recurring and Non-Recurring Level 3 Fair Value Measurements (Details) $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights	$ 26,569	$ 27,474	$ 19,700	$ 9,049
Non-recurring [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment	1,482	4,821
Non-recurring [Member] | Third Party Appraisals or Inspections [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment	$ 1,482	$ 4,821
Non-recurring [Member] | Third Party Appraisals or Inspections [Member] | Collateral Discounts and Selling Costs [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment, measurement input	0.20	0.20
Non-recurring [Member] | Third Party Appraisals or Inspections [Member] | Collateral Discounts and Selling Costs [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment, measurement input	1	1
Recurring [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights	$ 26,569	$ 27,474
Recurring [Member] | Discounted Cash Flows [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights	$ 26,569	$ 27,474
Recurring [Member] | Discounted Cash Flows [Member] | Constant Prepayment Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.0746	0.0747
Recurring [Member] | Discounted Cash Flows [Member] | Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.1066	0.0915

FAIR VALUE DISCLOSURES, Estimat

FAIR VALUE DISCLOSURES, Estimated Fair Values, and Related Carrying Amounts (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 330,158	$ 234,883
Loans held for investment, net	2,971,797	2,708,793
Loans held for sale (best efforts)	7,884	20,365
Accrued interest receivable	20,881	16,432
Financial liabilities [Abstract]
Deposits	3,626,153	3,406,430
Accrued interest payable	5,057	2,836
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt	63,775	75,961
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	330,158	234,883
Loans held for investment, net	2,848,536	2,662,609
Loans held for sale (best efforts)	7,977	20,745
Accrued interest receivable	20,881	16,432
Financial liabilities [Abstract]
Deposits	3,625,321	3,405,222
Accrued interest payable	5,057	2,836
Junior subordinated deferrable interest debentures	33,098	34,606
Subordinated debt	57,497	70,835
Level 1 [Member] | Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	330,158	234,883
Loans held for investment, net	0	0
Loans held for sale (best efforts)	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
Accrued interest payable	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt	0	0
Level 2 [Member] | Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans held for investment, net	0	0
Loans held for sale (best efforts)	7,977	20,745
Accrued interest receivable	20,881	16,432
Financial liabilities [Abstract]
Deposits	3,625,321	3,405,222
Accrued interest payable	5,057	2,836
Junior subordinated deferrable interest debentures	33,098	34,606
Subordinated debt	57,497	70,835
Level 3 [Member] | Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans held for investment, net	2,848,536	2,662,609
Loans held for sale (best efforts)	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
Accrued interest payable	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt	$ 0	$ 0

IMMATERIAL CORRECTION OF PRIO_3

IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Corrected Consolidated Statement of Cash Flows[Abstract]
Proceeds from sales of loans held for sale	$ 347,583	$ 662,294	$ 1,513,961
Loans originated for sale	$ (322,122)	(598,495)	(1,437,003)
As Reported [Member]
Corrected Consolidated Statement of Cash Flows[Abstract]
Proceeds from sales of loans held for sale		783,212	1,577,953
Loans originated for sale		(719,413)	(1,500,995)
Immaterial Correction [Member]
Corrected Consolidated Statement of Cash Flows[Abstract]
Proceeds from sales of loans held for sale		(120,918)	(63,992)
Loans originated for sale		$ 120,918	$ 63,992

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
	Jan. 18, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Feb. 21, 2024
Dividend Declaration [Abstract]
Dividends declared per share (in dollars per share)		$ 0.52	$ 0.46	$ 0.3
Subsequent Event [Member]
Dividend Declaration [Abstract]
Dividends declared date	Jan. 18, 2024
Dividends declared per share (in dollars per share)	$ 0.13
Dividends payable date	Feb. 12, 2024
Dividends record date	Jan. 29, 2024
Stock Repurchase Program [Abstract]
Stock repurchase program, authorized amount					$ 10