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Loans and Leases
 9 Months Ended
Sep. 30, 2021
Receivables [Abstract]  
Loans and Leases Loans and Leases
Loans and leases at September 30, 2021 and December 31, 2020 were as follows:
(In thousands)9/30/202112/31/2020
Commercial and industrial
Agriculture$78,335 $94,489 
Commercial and industrial other727,944 792,987 
PPP loans*141,930 291,252 
Subtotal commercial and industrial948,209 1,178,728 
Commercial real estate
Construction170,646 163,016 
Agriculture192,183 201,866 
Commercial real estate other2,253,190 2,204,310 
Subtotal commercial real estate2,616,019 2,569,192 
Residential real estate
Home equity185,625 200,827 
Mortgages1,270,005 1,235,160 
Subtotal residential real estate1,455,630 1,435,987 
Consumer and other
Indirect5,595 8,401 
Consumer and other66,694 61,399 
Subtotal consumer and other72,289 69,800 
Leases14,337 14,203 
Total loans and leases5,106,484 5,267,910 
Less: unearned income and deferred costs and fees(9,706)(7,583)
Total loans and leases, net of unearned income and deferred costs and fees$5,096,778 $5,260,327 
*SBA Paycheck Protection Program ("PPP")

The Company has adopted comprehensive lending policies, underwriting standards and loan review procedures. Management reviews these policies and procedures on a regular basis. The Company discussed its lending policies and underwriting guidelines for its various lending portfolios in Note 3 – “Loans and Leases” in the Notes to Consolidated Financial Statements contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. There have been no significant changes in these policies and guidelines since the date of that report. As such, these policies are reflective of new originations as well as those balances held at December 31, 2020. The Company’s Board of Directors approves the lending policies at least annually. The Company recognizes that exceptions to policy guidelines may occasionally occur and has established procedures for approving exceptions to these policy guidelines. Management has also implemented reporting systems to monitor loan origination, loan quality, concentrations of credit, loan delinquencies and nonperforming loans and potential problem loans.
 
Loans are considered past due if the required principal and interest payments have not been received as of the date such payments are due. Generally loans are placed on nonaccrual status if principal or interest payments become 90 days or more past due and/or management deems the collectability of the principal and/or interest to be in question as well as when required by regulatory agencies. When interest accrual is discontinued, all unpaid accrued interest is reversed. Payments received on loans on nonaccrual are generally applied to reduce the principal balance of the loan. Loans are generally returned to accrual status when all the principal and interest amounts due are brought current, the borrower has established a payment history, and future payments are reasonably assured. When management determines that the collection of principal in full is not probable, management will charge-off a partial amount or full amount of the loan balance. Management considers specific facts and circumstances relative to each individual credit in making such a determination. For residential and consumer loans, management uses specific regulatory guidance and thresholds for determining charge-offs.
 
The below table is an age analysis of past due loans, segregated by class of loans, as of September 30, 2021 and December 31, 2020.
 
September 30, 2021
(In thousands)30-59 Days60-89 Days90 Days or MoreTotal Past DueCurrent LoansTotal Loans
Loans and Leases
Commercial and industrial
Agriculture$29 $0 $0 $29 $78,306 $78,335
Commercial and industrial other459 4 424 887 727,057 727,944 
PPP loans0 0 0 0 141,930 141,930 
Subtotal commercial and industrial488 4 424 916 947,293 948,209 
Commercial real estate
Construction0 0 0 0 170,646 170,646
Agriculture58 0 0 58 192,125 192,183
Commercial real estate other0 0 21,651 21,651 2,231,539 2,253,190
Subtotal commercial real estate58 0 21,651 21,709 2,594,310 2,616,019 
Residential real estate
Home equity159 0 1,039 1,198 184,427 185,625
Mortgages93 365 5,325 5,783 1,264,222 1,270,005
Subtotal residential real estate252 365 6,364 6,981 1,448,649 1,455,630 
Consumer and other
Indirect91 77 155 323 5,272 5,595
Consumer and other82 19 110 211 66,483 66,694
Subtotal consumer and other173 96 265 534 71,755 72,289 
Leases0 0 0 0 14,337 14,337 
Total loans and leases971 465 28,704 30,140 5,076,344 5,106,484 
Less: unearned income and deferred costs and fees0 0 0 0 (9,706)(9,706)
Total loans and leases, net of unearned income and deferred costs and fees$971 $465 $28,704 $30,140 $5,066,638 $5,096,778 
December 31, 2020
(In thousands)30-59 Days60-89 Days90 Days or MoreTotal Past DueCurrent LoansTotal Loans
Loans and Leases
Commercial and industrial
Agriculture$0 $18 $0 $18 $94,471 $94,489 
Commercial and industrial other44 7 1,516 1,567 791,420 792,987 
PPP loans0 0 0 0 291,252 291,252 
Subtotal commercial and industrial44 25 1,516 1,585 1,177,143 1,178,728 
Commercial real estate
Construction0 0 0 0 163,016 163,016 
Agriculture263 0 0 263 201,603 201,866 
Commercial real estate other0 0 7,125 7,125 2,197,185 2,204,310 
Subtotal commercial real estate263 0 7,125 7,388 2,561,804 2,569,192 
Residential real estate
Home equity713 224 1,126 2,063 198,764 200,827 
Mortgages521 879 4,210 5,610 1,229,550 1,235,160 
Subtotal residential real estate1,234 1,103 5,336 7,673 1,428,314 1,435,987 
Consumer and other
Indirect175 35 91 301 8,100 8,401 
Consumer and other115 18 232 365 61,034 61,399 
Subtotal consumer and other290 53 323 666 69,134 69,800 
Leases0 0 0 0 14,203 14,203 
Total loans and leases1,831 1,181 14,300 17,312 5,250,598 5,267,910 
Less: unearned income and deferred costs and fees0 0 0 0 (7,583)(7,583)
Total loans and leases, net of unearned income and deferred costs and fees$1,831 $1,181 $14,300 $17,312 $5,243,015 $5,260,327 
The following table presents the amortized cost basis of loans on nonaccrual status and the amortized cost basis of loans on nonaccrual status for which there was no related allowance for credit losses as of September 30, 2021 and December 31, 2020.

September 30, 2021
(In thousands)Nonaccrual Loans and Leases with no Allowance for Credit LossesNonaccrual Loans and LeasesLoans and Leases Past Due Over 89 Days and Accruing
Loans and Leases
Commercial and industrial
Commercial and industrial other$480 $543 $0 
Subtotal commercial and industrial480 543 0 
Commercial real estate
Construction675 675 0 
Agriculture377 487 0 
Commercial real estate other24,518 33,860 7,463 
Subtotal commercial real estate25,570 35,022 7,463 
Residential real estate
Home equity188 2,427 0 
Mortgages705 9,538 0 
Subtotal residential real estate893 11,965 0 
Consumer and other
Indirect2 265 0 
Consumer and other0 146 0 
Subtotal consumer and other2 411 0 
Leases0 0 0 
Total loans and leases$26,945 $47,941 $7,463 
December 31, 2020
(In thousands)Nonaccrual Loans and Leases with no Allowance for Credit LossesNonaccrual Loans and LeasesLoans and Leases Past Due Over 89 Days and Accruing
Loans and Leases
Commercial and industrial
Commercial and industrial other$803 $1,775 $0 
Subtotal commercial and industrial803 1,775 0 
Commercial real estate
Agriculture0 118 0 
Commercial real estate other23,080 23,509 0 
Subtotal commercial real estate23,080 23,627 0 
Residential real estate
Home equity767 2,965 0 
Mortgages1,365 10,180 0 
Subtotal residential real estate2,132 13,145 0 
Consumer and other
Indirect3 169 0 
Consumer and other0 260 0 
Subtotal consumer and other3 429 0 
Leases0 0 0 
Total loans and leases$26,018 $38,976 $0 
The Company recognized $0 of interest income on nonaccrual loans during the three and nine months ended September 30, 2021 and 2020.