XML 48 R37.htm IDEA: XBRL DOCUMENT v3.20.4
Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2020
Allowance for Credit Losses [Abstract]  
Allocation of Allowance for Credit Losses by Portfolio Segment and by Impairment Methodology
The following tables show the allocation of the allowance for credit losses at December 31, 2020 and December 31, 2019 by portfolio segment and by impairment methodology (in thousands):

December 31, 2020
  
Commercial
Real Estate
    
Agricultural
Real Estate
    
Real Estate
Construction
    
Residential 1st
Mortgages
    
Home Equity
Lines & Loans
    
Agricultural
    
Commercial
    
Consumer
& Other
    
Leases
    
Unallocated
    
Total
  
                                                                   
Year-To-Date Allowance for Credit Losses:
                                                        
Beginning Balance- January 1, 2020
  
$
11,053
    
$
15,128
    
$
1,949
    
$
855
    
$
2,675
    
$
8,076
    
$
11,466
    
$
456
    
$
3,162
    
$
192
    
$
55,012
  
Charge-Offs
    
-
      
-
      
-
      
-
      
(7
)
    
-
      
(1,101
)
    
(66
)
    
-
      
-
      
(1,174
)
Recoveries
    
-
      
81
      
-
      
52
      
78
      
-
      
280
      
33
      
-
      
-
      
524
  
Provision
    
16,626
      
(6,576
)
    
(306
)
    
53
      
(722
)
    
(3,262
)
    
(684
)
    
(90
)
    
(1,431
)
    
892
      
4,500
  
Ending Balance- December 31, 2020
  
$
27,679
    
$
8,633
    
$
1,643
    
$
960
    
$
2,024
    
$
4,814
    
$
9,961
    
$
333
    
$
1,731
    
$
1,084
    
$
58,862
  
Ending Balance Individually Evaluated for Impairment
    
-
      
-
      
-
      
117
      
8
      
92
      
20
      
52
      
-
      
-
      
289
  
Ending Balance Collectively Evaluated for Impairment
    
27,679
      
8,633
      
1,643
      
843
      
2,016
      
4,722
      
9,941
      
281
      
1,731
      
1,084
      
58,573
  
Loans & Leases:
                                                                                        
Ending Balance
  
$
958,980
    
$
643,014
    
$
185,741
    
$
299,379
    
$
34,239
    
$
264,372
    
$
374,816
    
$
235,529
    
$
103,522
    
$
-
    
$
3,099,592
  
Ending Balance Individually Evaluated for Impairment
    
104
      
5,629
      
-
      
2,365
      
158
      
495
      
233
      
254
      
-
      
-
      
9,238
  
Ending Balance Collectively Evaluated for Impairment
    
958,876
      
637,385
      
185,741
      
297,014
      
34,081
      
263,877
      
374,583
      
235,275
      
103,522
      
-
      
3,090,354
  

December 31, 2019
  
Commercial
Real Estate
    
Agricultural
Real Estate
    
Real Estate
Construction
    
Residential 1st
Mortgages
    
Home Equity
Lines & Loans
    
Agricultural
    
Commercial
    
Consumer
& Other
    
Leases
    
Unallocated
    
Total
  
                                                                   
Year-To-Date Allowance for Credit Losses:
                                                        
Beginning Balance- January 1, 2019
  
$
11,609
    
$
14,092
    
$
1,249
    
$
880
    
$
2,761
    
$
8,242
    
$
11,656
    
$
494
    
$
4,022
    
$
261
    
$
55,266
  
Charge-Offs
    
-
      
-
      
-
      
-
      
-
      
-
      
(592
)
    
(83
)
    
-
      
-
      
(675
)
Recoveries
    
-
      
38
      
-
      
13
      
28
      
-
      
90
      
52
      
-
      
-
      
221
  
Provision
    
(556
)
    
998
      
700
      
(38
)
    
(114
)
    
(166
)
    
312
      
(7
)
    
(860
)
    
(69
)
    
200
  
Ending Balance- December 31, 2019
  
$
11,053
    
$
15,128
    
$
1,949
    
$
855
    
$
2,675
    
$
8,076
    
$
11,466
    
$
456
    
$
3,162
    
$
192
    
$
55,012
  
Ending Balance Individually Evaluated for Impairment
    
234
      
-
      
-
      
118
      
12
      
99
      
137
      
61
      
-
      
-
      
661
  
Ending Balance Collectively Evaluated for Impairment
    
10,819
      
15,128
      
1,949
      
737
      
2,663
      
7,977
      
11,329
      
395
      
3,162
      
192
      
54,351
  
Loans & Leases:
                                                                                        
Ending Balance
  
$
838,570
    
$
625,767
    
$
115,644
    
$
255,253
    
$
39,270
    
$
292,904
    
$
384,795
    
$
15,422
    
$
105,402
    
$
-
    
$
2,673,027
  
Ending Balance Individually Evaluated for Impairment
    
4,524
      
5,654
      
-
      
2,368
      
229
      
188
      
1,528
      
200
      
-
      
-
      
14,691
  
Ending Balance Collectively Evaluated for Impairment
    
834,046
      
620,113
      
115,644
      
252,885
      
39,041
      
292,716
      
383,267
      
15,222
      
105,402
      
-
      
2,658,336
  
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings
The following tables show the loan & lease portfolio, including unearned income allocated by management’s internal risk ratings at December 31, 2020 and December 31, 2019 (in thousands):

December 31, 2020
  
Pass(1)
    
Special
Mention
    
Substandard
    
Total Loans
  
Loans & Leases:
                        
Commercial Real Estate
  
$
946,621
    
$
7,849
    
$
4,510
    
$
958,980
  
Agricultural Real Estate
    
631,043
      
400
      
11,571
      
643,014
  
Real Estate Construction
    
185,741
      
-
      
-
      
185,741
  
Residential 1st Mortgages
    
298,689
      
-
      
690
      
299,379
  
Home Equity Lines and Loans
    
34,058
      
-
      
181
      
34,239
  
Agricultural
    
263,781
      
96
      
495
      
264,372
  
Commercial
    
373,038
      
1,060
      
718
      
374,816
  
Consumer & Other
    
235,063
      
-
      
466
      
235,529
  
Leases
    
103,522
      
-
      
-
      
103,522
  
Total
  
$
3,071,556
    
$
9,405
    
$
18,631
    
$
3,099,592
  

(1)
Includes “Watch” loans of $958.2 million.

December 31, 2019
  
Pass(1)
    
Special
Mention
    
Substandard
    
Total Loans
  
Loans & Leases:
                        
Commercial Real Estate
  
$
831,941
    
$
6,629
    
$
-
    
$
838,570
  
Agricultural Real Estate
    
611,792
      
1,136
      
12,839
      
625,767
  
Real Estate Construction
    
115,644
      
-
      
-
      
115,644
  
Residential 1st Mortgages
    
254,459
      
-
      
794
      
255,253
  
Home Equity Lines and Loans
    
39,092
      
-
      
178
      
39,270
  
Agricultural
    
289,276
      
2,617
      
1,011
      
292,904
  
Commercial
    
380,650
      
3,239
      
906
      
384,795
  
Consumer & Other
    
14,934
      
-
      
488
      
15,422
  
Leases
    
105,402
      
-
      
-
      
105,402
  
Total
  
$
2,643,190
    
$
13,621
    
$
16,216
    
$
2,673,027
  

(1)
Includes “Watch” loans of $744.7 million.
Aging Analysis of Loan & Lease Portfolio by Time Past Due
The following tables show an aging analysis of the loan & lease portfolio, including unearned income, by the time past due at December 31, 2020 and December 31, 2019 (in thousands):

December 31, 2020
  
30-59 Days
Past Due
    
60-89 Days
Past Due
    
90 Days and
Still Accruing
    
Nonaccrual
    
Total Past
Due
    
Current
    
Total
Loans & Leases
  
Loans & Leases:
                                          
Commercial Real Estate
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
958,980
    
$
958,980
  
Agricultural Real Estate
    
-
      
-
      
-
      
495
      
495
      
642,519
      
643,014
  
Real Estate Construction
    
-
      
-
      
-
      
-
      
-
      
185,741
      
185,741
  
Residential 1st Mortgages
    
-
      
-
      
-
      
-
      
-
      
299,379
      
299,379
  
Home Equity Lines and Loans
    
-
      
-
      
-
      
-
      
-
      
34,239
      
34,239
  
Agricultural
    
-
      
-
      
-
      
-
      
-
      
264,372
      
264,372
  
Commercial
    
-
      
-
      
-
      
-
      
-
      
374,816
      
374,816
  
Consumer & Other
    
11
      
-
      
-
      
-
      
11
      
235,518
      
235,529
  
Leases
    
-
      
-
      
-
      
-
      
-
      
103,522
      
103,522
  
Total
  
$
11
    
$
-
    
$
-
    
$
495
    
$
506
    
$
3,099,086
    
$
3,099,592
  

December 31, 2019
  
30-59 Days
Past Due
    
60-89 Days
Past Due
    
90 Days and
Still Accruing
    
Nonaccrual
    
Total Past
Due
    
Current
    
Total
Loans & Leases
  
Loans & Leases:
                                          
Commercial Real Estate
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
838,570
    
$
838,570
  
Agricultural Real Estate
    
-
      
-
      
-
      
-
      
-
      
625,767
      
625,767
  
Real Estate Construction
    
240
      
-
      
-
      
-
      
240
      
115,404
      
115,644
  
Residential 1st Mortgages
    
-
      
-
      
-
      
-
      
-
      
255,253
      
255,253
  
Home Equity Lines and Loans
    
-
      
-
      
-
      
-
      
-
      
39,270
      
39,270
  
Agricultural
    
-
      
-
      
-
      
-
      
-
      
292,904
      
292,904
  
Commercial
    
77
      
-
      
-
      
-
      
77
      
384,718
      
384,795
  
Consumer & Other
    
35
      
-
      
-
      
-
      
35
      
15,387
      
15,422
  
Leases
    
-
      
-
      
-
      
-
      
-
      
105,402
      
105,402
  
Total
  
$
352
    
$
-
    
$
-
    
$
-
    
$
352
    
$
2,672,675
    
$
2,673,027
  
Impaired Loans & Leases
The following tables show information related to impaired loans & leases at and for the year ended December 31, 2020 and December 31, 2019 (in thousands):

December 31, 2020
  
Recorded
Investment
    
Unpaid
Principal
Balance
    
Related
Allowance
    
Average
Recorded
Investment
    
Interest
Income
Recognized
  
With no related allowance recorded:
                              
Commercial Real Estate
  
$
84
    
$
84
    
$
-
    
$
764
    
$
35
  
Agricultural Real Estate
    
5,629
      
5,629
      
-
      
5,629
      
352
  
Agricultural
    
3
      
3
      
-
      
2
      
-
  
Commercial
    
-
      
-
      
-
      
377
      
16
  
   
$
5,716
    
$
5,716
    
$
-
    
$
6,772
    
$
403
  
With an allowance recorded:
                                        
Commercial Real Estate
  
$
-
    
$
-
    
$
-
    
$
21
    
$
1
  
Agricultural Real Estate
    
-
      
-
      
-
      
137
      
-
  
Residential 1st Mortgages
    
1,671
      
1,895
      
84
      
1,652
      
76
  
Home Equity Lines and Loans
    
64
      
75
      
3
      
66
      
4
  
Agricultural
    
492
      
534
      
92
      
410
      
59
  
Commercial
    
234
      
234
      
13
      
123
      
18
  
Consumer & Other
    
190
      
191
      
56
      
194
      
13
  
   
$
2,651
    
$
2,929
    
$
248
    
$
2,603
    
$
171
  
Total
  
$
8,367
    
$
8,645
    
$
248
    
$
9,375
    
$
574
  

December 31, 2019
  
Recorded
Investment
    
Unpaid
Principal
Balance
    
Related
Allowance
    
Average
Recorded
Investment
    
Interest
Income
Recognized
  
With no related allowance recorded:
                              
Commercial Real Estate
  
$
86
    
$
86
    
$
-
    
$
90
    
$
8
  
Agricultural Real Estate
    
5,654
      
5,654
      
-
      
6,069
      
379
  
Commercial
    
-
      
-
      
-
      
8
      
1
  
   
$
5,740
    
$
5,740
    
$
-
    
$
6,167
    
$
388
  
With an allowance recorded:
                                        
Commercial Real Estate
  
$
2,822
    
$
2,822
    
$
234
    
$
2,853
    
$
94
  
Residential 1st Mortgages
    
1,562
      
1,770
      
74
      
1,601
      
73
  
Home Equity Lines and Loans
    
68
      
79
      
7
      
71
      
4
  
Agricultural
    
188
      
188
      
99
      
195
      
6
  
Commercial
    
1,528
      
1,528
      
137
      
1,554
      
53
  
Consumer & Other
    
200
      
200
      
61
      
54
      
-
  
   
$
6,368
    
$
6,587
    
$
612
    
$
6,328
    
$
230
  
Total
  
$
12,108
    
$
12,327
    
$
612
    
$
12,495
    
$
618
  
Loans & Leases by Class Modified as Troubled Debt Restructured Loans
The following table presents loans by class modified as troubled debt restructured loans for the year ended December 31, 2020 (in thousands):

  
December 31, 2020
  
Troubled Debt Restructurings
  
Number of
Loans
    
Pre-Modification
Outstanding
Recorded
Investment
    
Post-Modification
Outstanding
Recorded
Investment
  
Residential 1st Mortgages
    
2
    
$
156
    
$
156
  
Agricultural
    
3
      
495
      
495
  
Commercial
    
1
      
224
      
224
  
Total
    
6
    
$
875
    
$
875
  

The following table presents loans by class modified as troubled debt restructured loans for the year ended December 31, 2019 (in thousands):

  
December 31, 2019
  
Troubled Debt Restructurings
  
Number of
Loans
    
Pre-Modification
Outstanding
Recorded
Investment
    
Post-Modification
Outstanding
Recorded
Investment
  
Agricultural
    
1
    
$
201
    
$
201
  
Consumer & Other
    
1
      
195
      
195
  
Total
    
2
    
$
396
    
$
396