Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4. The Company’s loan portfolio, excluding loans held for sale, consists of the following categories of loans as of the dates presented (dollars in thousands). December 31, 2021 2020 Construction and development $ 203,204 $ 206,011 1-4 Family 364,307 339,525 Multifamily 59,570 60,724 Farmland 20,128 26,547 Commercial real estate 896,377 812,395 Total mortgage loans on real estate 1,543,586 1,445,202 Commercial and industrial 310,831 394,497 Consumer 17,595 20,619 Total loans $ 1,872,012 $ 1,860,318 Unamortized premiums and discounts on loans, included in the total loans balances above, were $1.9 million and 1.8 million at December 31, 2021 2020 December 31, 2021 2020 In the second 2020, 2020 19 100% 1% June 5, 2020, two June 5, 2020, five July 2020, June 30, 2020. July 6, 2020, August 8, 2020. December 27, 2020, $900 first second January 1, 2021 May 31, 2021. December 31, 2021 2020 Nonaccrual and Past Due Loans Loans are considered past due if the required principal and interest payments have not may not may 90 not may not may six The tables below provide an analysis of the aging of loans, excluding loans held for sale, as of the dates presented (dollars in thousands). December 31, 2021 Accruing Current 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Nonaccrual Total Past Due & Nonaccrual Acquired Impaired Loans Total Loans Construction and development $ 202,850 $ 55 $ 11 $ — $ 288 $ 354 $ — $ 203,204 1-4 Family 360,434 1,933 182 — 1,410 3,525 348 364,307 Multifamily 59,570 — — — — — — 59,570 Farmland 18,348 — — — 79 79 1,701 20,128 Commercial real estate 881,575 170 86 — 13,910 14,166 636 896,377 Total mortgage loans on real estate 1,522,777 2,158 279 — 15,687 18,124 2,685 1,543,586 Commercial and industrial 295,323 4,044 57 53 11,354 15,508 — 310,831 Consumer 17,238 89 18 — 186 293 64 17,595 Total loans $ 1,835,338 $ 6,291 $ 354 $ 53 $ 27,227 $ 33,925 $ 2,749 $ 1,872,012 December 31, 2020 Accruing Current 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Nonaccrual Total Past Due & Nonaccrual Acquired Impaired Loans Total Loans Construction and development $ 205,002 $ 488 $ — $ — $ 521 $ 1,009 $ — $ 206,011 1-4 Family 335,710 1,085 734 — 1,615 3,434 381 339,525 Multifamily 60,724 — — — — — — 60,724 Farmland 24,333 297 — 216 — 513 1,701 26,547 Commercial real estate 807,243 1,472 118 — 1,771 3,361 1,791 812,395 Total mortgage loans on real estate 1,433,012 3,342 852 216 3,907 8,317 3,873 1,445,202 Commercial and industrial 386,607 359 273 105 6,907 7,644 246 394,497 Consumer 20,135 79 21 — 346 446 38 20,619 Total loans $ 1,839,754 $ 3,780 $ 1,146 $ 321 $ 11,160 $ 16,407 $ 4,157 $ 1,860,318 Portfolio Segment Risk Factors The following describes the risk characteristics relevant to each of the Company’s loan portfolio segments. Construction and Development. one 1 4 1 4 not Multifamily. Farmland. may Commercial Real Estate. may one Commercial and Industrial. may may, Consumer. may Concentrations of Credit Substantially all of the Company’s loans and commitments have been granted to customers in the Company’s market areas in south Louisiana, southeast Texas and Alabama. The distribution of commitments to extend credit approximates the distribution of loans outstanding. Credit Quality Indicators Loans are categorized into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The following definitions are utilized for risk ratings, which are consistent with the definitions used in supervisory guidance. Pass not Special Mention may Substandard not Doubtful Loss not not no not The tables below present a summary of the Company’s loan portfolio, excluding loans held for sale, by category and credit quality indicator as of the dates presented (dollars in thousands). December 31, 2021 Special Pass Mention Substandard Doubtful Total Construction and development $ 200,788 $ 818 $ 1,598 $ — $ 203,204 1-4 Family 358,062 38 6,207 — 364,307 Multifamily 59,113 — 457 — 59,570 Farmland 18,348 — 1,780 — 20,128 Commercial real estate 872,951 3,891 19,535 — 896,377 Total mortgage loans on real estate 1,509,262 4,747 29,577 — 1,543,586 Commercial and industrial 290,677 2,523 16,941 690 310,831 Consumer 17,269 19 307 — 17,595 Total loans $ 1,817,208 $ 7,289 $ 46,825 $ 690 $ 1,872,012 December 31, 2020 Special Pass Mention Substandard Doubtful Total Construction and development $ 198,139 $ 7,352 $ 520 $ — $ 206,011 1-4 Family 337,829 — 1,696 — 339,525 Multifamily 60,724 — — — 60,724 Farmland 24,846 — 1,701 — 26,547 Commercial real estate 801,244 4,729 6,422 — 812,395 Total mortgage loans on real estate 1,422,782 12,081 10,339 — 1,445,202 Commercial and industrial 379,451 4,794 9,343 909 394,497 Consumer 20,235 — 384 — 20,619 Total loans $ 1,822,468 $ 16,875 $ 20,066 $ 909 $ 1,860,318 The Company had no loans that were classified as loss at December 31, 2021 2020 Loan Participations and Sold Loans Loan participations and whole loans sold to and serviced for others are not December 31, 2021 2020 December 31, 2021 2020 Loans to Related Parties In the ordinary course of business, the Company makes loans to related parties including its executive officers, principal shareholders, directors and their immediate family members, as well as to companies in which these individuals are principal owners. Loans outstanding to such related party borrowers amounted to approximately $97.6 million December 31, 2021 December 31, 2020 The table below shows the aggregate principal balance of loans to such related parties for the years ended December 31, 2021 2020 December 31, 2021 2020 Balance, beginning of period $ 96,390 $ 98,093 New loans/changes in relationship 26,475 12,443 Repayments/changes in relationship (25,259 ) (14,146 ) Balance, end of period $ 97,606 $ 96,390 Loans Acquired with Deteriorated Credit Quality The Company accounts for certain loans acquired as acquired impaired loans under ASC 310 30 There were no changes in the accretable yield on acquired impaired loans for the years ended December 31, 2021 2020 Allowance for Loan Losses The table below shows a summary of the activity in the allowance for loan losses for the years ended December 31, 2021, 2020 2019 December 31, 2021 2020 2019 Balance, beginning of period $ 20,363 $ 10,700 $ 9,454 Provision for loan losses 22,885 11,160 1,908 Loans charged-off (22,636 ) (1,754 ) (800 ) Recoveries 247 257 138 Balance, end of period $ 20,859 $ 20,363 $ 10,700 For the year ended December 31, 2021, one The following tables outline the activity in the allowance for loan losses by collateral type for the years ended December 31, 2021, 2020 2019 December 31, 2021, 2020 2019 December 31, 2021 Construction & Commercial Commercial & Development 1-4 Family Multifamily Farmland Real Estate Industrial Consumer Total Allowance for loan losses: Beginning balance $ 2,375 $ 3,370 $ 589 $ 435 $ 8,496 $ 4,558 $ 540 $ 20,363 Charge-offs (283 ) (188 ) — (13 ) (10,280 ) (11,713 ) (159 ) (22,636 ) Recoveries 36 32 — — 6 72 101 247 Provision 219 123 84 (39 ) 11,132 11,494 (128 ) 22,885 Ending balance $ 2,347 $ 3,337 $ 673 $ 383 $ 9,354 $ 4,411 $ 354 $ 20,859 Ending allowance balance for loans individually evaluated for impairment — — — — — 468 96 564 Ending allowance balance for loans acquired with deteriorated credit quality — — — 210 — — — 210 Ending allowance balance for loans collectively evaluated for impairment 2,347 3,337 673 173 9,354 3,943 258 20,085 Loans receivable: Balance of loans individually evaluated for impairment 529 1,995 — 79 16,685 13,321 182 32,791 Balance of loans acquired with deteriorated credit quality — 348 — 1,701 636 — 64 2,749 Balance of loans collectively evaluated for impairment 202,675 361,964 59,570 18,348 879,056 297,510 17,349 1,836,472 Total period-end balance $ 203,204 $ 364,307 $ 59,570 $ 20,128 $ 896,377 $ 310,831 $ 17,595 $ 1,872,012 December 31, 2020 Construction & Commercial Commercial & Development 1-4 Family Multifamily Farmland Real Estate Industrial Consumer Total Allowance for loan losses: Beginning balance $ 1,201 $ 1,490 $ 387 $ 101 $ 4,424 $ 2,609 $ 488 $ 10,700 Charge-offs — (173 ) — — (51 ) (1,195 ) (335 ) (1,754 ) Recoveries 47 74 — — 8 50 78 257 Provision 1,127 1,979 202 334 4,115 3,094 309 11,160 Ending balance $ 2,375 $ 3,370 $ 589 $ 435 $ 8,496 $ 4,558 $ 540 $ 20,363 Ending allowance balance for loans individually evaluated for impairment — — — — — 80 130 210 Ending allowance balance for loans acquired with deteriorated credit quality — — — 210 — — — 210 Ending allowance balance for loans collectively evaluated for impairment 2,375 3,370 589 225 8,496 4,478 410 19,943 Loans receivable: Balance of loans individually evaluated for impairment 782 2,280 — — 6,666 9,102 347 19,177 Balance of loans acquired with deteriorated credit quality — 381 — 1,701 1,791 246 38 4,157 Balance of loans collectively evaluated for impairment 205,229 336,864 60,724 24,846 803,938 385,149 20,234 1,836,984 Total period-end balance $ 206,011 $ 339,525 $ 60,724 $ 26,547 $ 812,395 $ 394,497 $ 20,619 $ 1,860,318 December 31, 2019 Construction & Commercial Commercial & Development 1-4 Family Multifamily Farmland Real Estate Industrial Consumer Total Allowance for loan losses: Beginning balance $ 1,038 $ 1,465 $ 331 $ 81 $ 4,182 $ 1,641 $ 716 $ 9,454 Charge-offs (51 ) (62 ) — — (24 ) (252 ) (411 ) (800 ) Recoveries 27 27 — — 1 26 57 138 Provision 187 60 56 20 265 1,194 126 1,908 Ending balance $ 1,201 $ 1,490 $ 387 $ 101 $ 4,424 $ 2,609 $ 488 $ 10,700 Ending allowance balance for loans individually evaluated for impairment — — — — — — 141 141 Ending allowance balance for loans acquired with deteriorated credit quality — — — — — — — — Ending allowance balance for loans collectively evaluated for impairment 1,201 1,490 387 101 4,424 2,609 347 10,559 Loans receivable: Balance of loans individually evaluated for impairment 247 1,662 — — 47 93 498 2,547 Balance of loans acquired with deteriorated credit quality — 445 — 2,264 1,632 13 38 4,392 Balance of loans collectively evaluated for impairment 197,550 319,382 60,617 25,516 729,381 323,680 28,910 1,685,036 Total period-end balance $ 197,797 $ 321,489 $ 60,617 $ 27,780 $ 731,060 $ 323,786 $ 29,446 $ 1,691,975 Impaired Loans The Company considers a loan to be impaired when, based on current information and events, the Company determines that it is probable that it will not When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual, all payments are applied to principal, under the cost recovery method. When the ultimate collectability of the total principal of an impaired loan is not The following tables contain information on the Company’s impaired loans, which include TDRs, discussed in more detail below, and nonaccrual loans individually evaluated for impairment for purposes of determining the allowance for loan losses. The average balances are calculated based on the month-end balances of the loans during the period reported (dollars in thousands). As of and for the year ended December 31, 2021 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no related allowance recorded: Construction and development $ 529 $ 812 $ — $ 731 $ 17 1-4 Family 1,995 2,081 — 1,965 30 Farmland 79 81 — 193 — Commercial real estate 16,685 27,139 — 10,790 181 Total mortgage loans on real estate 19,288 30,113 — 13,679 228 Commercial and industrial 9,395 10,941 — 9,166 152 Consumer 55 69 — 96 — Total 28,738 41,123 — 22,941 380 With related allowance recorded: Commercial and industrial 3,926 9,618 468 1,311 24 Consumer 127 164 96 146 — Total 4,053 9,782 564 1,457 24 Total loans: Construction and development 529 812 — 731 17 1-4 Family 1,995 2,081 — 1,965 30 Farmland 79 81 — 193 — Commercial real estate 16,685 27,139 — 10,790 181 Total mortgage loans on real estate 19,288 30,113 — 13,679 228 Commercial and industrial 13,321 20,559 468 10,477 176 Consumer 182 233 96 242 — Total $ 32,791 $ 50,905 $ 564 $ 24,398 $ 404 As of and for the year ended December 31, 2020 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no related allowance recorded: Construction and development $ 782 $ 800 $ — $ 887 $ 13 1-4 Family 2,280 2,353 — 2,172 26 Commercial real estate 6,666 6,721 — 3,456 126 Total mortgage loans on real estate 9,728 9,874 — 6,515 165 Commercial and industrial 8,841 9,953 — 4,614 31 Consumer 126 143 — 227 1 Total 18,695 19,970 — 11,356 197 With related allowance recorded: Commercial and industrial 261 260 80 22 — Consumer 221 265 130 256 1 Total 482 525 210 278 1 Total loans: Construction and development 782 800 — 887 13 1-4 Family 2,280 2,353 — 2,172 26 Commercial real estate 6,666 6,721 — 3,456 126 Total mortgage loans on real estate 9,728 9,874 — 6,515 165 Commercial and industrial 9,102 10,213 80 4,636 31 Consumer 347 408 130 483 2 Total $ 19,177 $ 20,495 $ 210 $ 11,634 $ 198 As of and for the year ended December 31, 2019 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no related allowance recorded: Construction and development $ 247 $ 269 $ — $ 328 $ 14 1-4 Family 1,662 1,745 — 1,507 32 Multifamily — — — 36 — Commercial real estate 47 50 — 700 7 Total mortgage loans on real estate 1,956 2,064 — 2,571 53 Commercial and industrial 93 96 — 33 — Consumer 188 205 — 328 — Total 2,237 2,365 — 2,932 53 With related allowance recorded: Consumer 310 347 141 324 — Total 310 347 141 324 — Total loans: Construction and development 247 269 — 328 14 1-4 Family 1,662 1,745 — 1,507 32 Multifamily — — — 36 — Commercial real estate 47 50 — 700 7 Total mortgage loans on real estate 1,956 2,064 — 2,571 53 Commercial and industrial 93 96 — 33 — Consumer 498 552 141 652 — Total $ 2,547 $ 2,712 $ 141 $ 3,256 $ 53 Troubled Debt Restructurings In situations where, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession for other than an insignificant period of time to the borrower that the Company would not may Loans classified as TDRs consisted of 29 credits, totaling approximately $10.5 million at December 31, 2021 December 31, 2020 December 31, 2021 2020 none At December 31, 2021 2020 The table below presents the TDR pre- and post-modification outstanding recorded investments by loan categories for loans modified during the years ended December 31, 2021 2020 December 31, 2021 December 31, 2020 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Troubled debt restructurings Contracts Investment Investment Contracts Investment Investment Construction and development — $ — $ — 1 $ 64 $ 64 Commercial real estate 1 28 28 8 5,833 5,833 Commercial and industrial 3 586 586 9 7,729 7,729 $ 614 $ 614 $ 13,626 $ 13,626 There were no twelve December 31, 2021 The following is a summary of accruing and nonaccrual TDRs and the related loan losses by portfolio type as of the dates presented (dollars in thousands). TDRs Related Accruing Nonaccrual Total Allowance December 31, 2021 Construction and development $ 242 $ — $ 242 $ — 1-4 Family 585 145 730 — Commercial real estate 2,775 915 3,690 — Commercial and industrial 1,976 3,885 5,861 — Total $ 5,578 $ 4,945 $ 10,523 $ — December 31, 2020 Construction and development $ 262 $ — $ 262 $ — 1-4 Family 665 161 826 — Commercial real estate 4,895 938 5,833 — Commercial and industrial 2,195 5,534 7,729 — Total $ 8,017 $ 6,633 $ 14,650 $ — The table below includes the average recorded investment and interest income recognized for TDRs for the years ended December 31, 2021, 2020 2019 TDRs Average Recorded Investment Interest Income Recognized December 31, 2021 Construction and development $ 251 $ 17 1-4 Family 775 28 Commercial real estate 5,358 174 Commercial and industrial 6,698 149 Total $ 13,082 $ 368 December 31, 2020 Construction and development $ 438 $ 14 1-4 Family 936 35 Commercial real estate 2,778 126 Commercial and industrial 1,075 53 Total $ 5,227 $ 228 December 31, 2019 Construction and development $ 515 $ 14 1-4 Family 1,014 51 Commercial real estate 264 7 Commercial and industrial 2 — Total $ 1,795 $ 72 |