LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)

12 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Schedule of Outstanding Balance of Loans

The following table reconciles the outstanding balance of loans at December 31, 2024 and 2023.

	2024			2023
Net loan balance	$	3,504,218		$	3,333,689
Loan origination fees and expenses		(848	)		(1,375	)
Merger fair value adjustments		(6,300	)		(3,650	)
Hedge fair market value adjustments		(1,658	)		(1,826	)
Purchased premium and discounts		5,404			6,063
Total	$	3,500,816		$	3,332,901

Categories of Loans

The following table lists categories of loans at December 31, 2024 and 2023.

	2024			2023
Commercial real estate	$	1,830,514		$	1,759,855
Commercial and industrial		658,865			598,327
Residential real estate		566,766			556,328
Agricultural real estate		267,248			196,114
Agricultural		87,339			118,587
Consumer		90,084			103,690
Total loans		3,500,816			3,332,901
Allowance for credit losses		(43,267	)		(43,520	)
Net loans	$	3,457,549		$	3,289,381

Schedule of Allowance for Loan Losses by Portfolio Segment Allowance

The following tables present the activity in the allowance for credit losses by class for the years ended December 31, 2024, 2023, and 2022.

December 31, 2024	Commercial Real Estate			Commercial and Industrial			Residential Real Estate			Agricultural Real Estate			Agricultural			Consumer			Total
Allowance for credit losses:
Beginning balance	$	13,476		$	17,954		$	7,784		$	1,718		$	995		$	1,593		$	43,520
Provision (reversal) for credit losses		1,525			(1,290	)		681			1,464			(859	)		1,025			2,546
Initial PCD on Acquired loans		—			128			227			330			306			9			1,000
Loans charged-off		(97	)		(3,185	)		(183	)		(100	)		(28	)		(1,023	)		(4,616	)
Recoveries		44			398			44			92			25			214			817
Total ending allowance balance	$	14,948		$	14,005		$	8,553		$	3,504		$	439		$	1,818		$	43,267

December 31, 2023	Commercial Real Estate			Commercial and Industrial			Residential Real Estate			Agricultural Real Estate			Agricultural			Consumer			Total
Allowance for credit losses:
Beginning balance	$	16,731		$	14,951		$	8,608		$	819		$	2,457		$	2,281		$	45,847
Provision (reversal) for credit losses		(3,330	)		6,703			(806	)		945			(1,509	)		(130	)		1,873
Loans charged-off		(20	)		(3,791	)		(80	)		(54	)		(108	)		(901	)		(4,954	)
Recoveries		95			91			62			8			155			343			754
Total ending allowance balance	$	13,476		$	17,954		$	7,784		$	1,718		$	995		$	1,593		$	43,520

December 31, 2022	Commercial Real Estate			Commercial and Industrial			Residential Real Estate			Agricultural Real Estate			Agricultural			Consumer			Total
Allowance for loan losses:
Beginning balance	$	22,478		$	12,248		$	5,560		$	2,235		$	3,756		$	2,088		$	48,365
Provision (reversal) for credit losses		(4,554	)		3,293			3,104			(1,389	)		(1,264	)		935			125
Loans charged-off		(1,297	)		(857	)		(99	)		(35	)		(46	)		(1,009	)		(3,343	)
Recoveries		104			267			43			8			11			267			700
Total ending allowance balance	$	16,731		$	14,951		$	8,608		$	819		$	2,457		$	2,281		$	45,847

Schedule of Loans Evaluated for Impairment

The following tables present the recorded investment in loans and the balance in the allowance for credit losses by portfolio and class based on impairment method as of December 31, 2024, and 2023.

December 31, 2024	Commercial Real Estate		Commercial and Industrial		Residential Real Estate		Agricultural Real Estate		Agricultural		Consumer		Total
Allowance for credit losses:
Individually evaluated for credit losses	$	1,053	$	1,618	$	1,167	$	701	$	147	$	201	$	4,887
Collectively evaluated for credit losses		13,895		12,387		7,386		2,803		292		1,617		38,380
Total	$	14,948	$	14,005	$	8,553	$	3,504	$	439	$	1,818	$	43,267
Loan Balance:
Individually evaluated for credit losses	$	7,854	$	8,593	$	4,996	$	5,839	$	1,740	$	871	$	29,893
Collectively evaluated for credit losses		1,822,660		650,272		561,770		261,409		85,599		89,213		3,470,923
Total	$	1,830,514	$	658,865	$	566,766	$	267,248	$	87,339	$	90,084	$	3,500,816

December 31, 2023	Commercial Real Estate		Commercial and Industrial		Residential Real Estate		Agricultural Real Estate		Agricultural		Consumer		Total
Allowance for credit losses:
Individually evaluated for credit losses	$	582	$	1,644	$	1,113	$	674	$	598	$	154	$	4,765
Collectively evaluated for credit losses		12,894		16,310		6,671		1,044		397		1,439		38,755
Total	$	13,476	$	17,954	$	7,784	$	1,718	$	995	$	1,593	$	43,520
Loan Balance:
Individually evaluated for credit losses	$	6,031	$	5,498	$	7,495	$	4,672	$	3,598	$	669	$	27,963
Collectively evaluated for credit losses		1,753,824		592,829		548,833		191,442		114,989		103,021		3,304,938
Total	$	1,759,855	$	598,327	$	556,328	$	196,114	$	118,587	$	103,690	$	3,332,901

Non-Accrual Loans, Segregated by Class of Loans

The following table presents information related to non-accrual loans at December 31, 2024.

December 31, 2024	Unpaid Principal Balance		Recorded Investment		Allowance for Credit Losses Allocated		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	3,068	$	3,068	$	—	$	3,542	$	104
Commercial and industrial		—		—		—		398		—
Residential real estate		19		—		—		—		1
Agricultural real estate		2,490		2,014		—		2,009		140
Agricultural		—		—		—		109		—
Consumer		31		—		—		—		—
Subtotal		5,608		5,082		—		6,058		245
With an allowance recorded:
Commercial real estate		4,719		4,390		1,015		3,382		105
Commercial and industrial		12,424		7,798		1,482		6,760		164
Residential real estate		5,260		4,670		1,145		5,011		40
Agricultural real estate		5,594		3,737		697		3,520		10
Agricultural		953		592		73		1,390		6
Consumer		846		781		187		706		22
Subtotal		29,796		21,968		4,599		20,769		347
Total	$	35,404	$	27,050	$	4,599	$	26,827	$	592

The above table presents interest income for the twelve months ended December 31, 2024. Interest income recognized in the above table was substantially recognized on the cash basis. The recorded investment in loans excludes accrued interest receivable due to immateriality.

The following table presents information related to non-accrual loans at December 31, 2023.

December 31, 2023	Unpaid Principal Balance		Recorded Investment		Allowance for Credit Losses Allocated		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial real estate	$	3,948	$	3,376	$	—	$	2,117	$	53
Commercial and industrial		2,925		—		—		251		1
Residential real estate		21		—		—		5		1
Agricultural real estate		1,342		948		—		939		—
Agricultural		2,303		—		—		—		3
Consumer		23		—		—		—		1
Subtotal		10,562		4,324		—		3,312		59
With an allowance recorded:
Commercial real estate		2,297		2,071		455		1,214		37
Commercial and industrial		8,452		5,041		1,335		5,059		249
Residential real estate		7,605		7,251		1,086		3,912		156
Agricultural real estate		4,753		3,266		660		1,950		1
Agricultural		2,946		2,470		481		2,791		1
Consumer		689		603		150		477		17
Subtotal		26,742		20,702		4,167		15,403		461
Total	$	37,304	$	25,026	$	4,167	$	18,715	$	520

Summary of Non-Accrual Interest Income Written Off

The following table presents the amount of non-accrual interest income written off for the twelve months ended December 31, 2024, 2023 and 2022.

	2024		2023		2022
Commercial real estate	$	227	$	115	$	87
Commercial and industrial		405		309		226
Residential real estate		55		277		30
Agricultural real estate		203		6		5
Agricultural		103		2		6
Consumer		16		10		11
Total	$	1,009	$	719	$	365

Schedule of Aging of Recorded Investment in Past Due Loans by Segment and Class of Loans

The following tables present the aging of the recorded investment in past due loans as of December 31, 2024 and 2023, by portfolio and class of loans.

December 31, 2024	30 – 59 Days Past Due		60 – 89 Days Past Due		Greater Than 90 Days Past Due Still On Accrual		Non-accrual		Loans Not Past Due		Total
Commercial real estate	$	3,502	$	2,030	$	156	$	7,458	$	1,817,368	$	1,830,514
Commercial and industrial		1,314		644		25		7,798		649,084		658,865
Residential real estate		2,396		634		—		4,670		559,066		566,766
Agricultural real estate		457		312		—		5,751		260,728		267,248
Agricultural		411		80		—		592		86,256		87,339
Consumer		666		196		—		781		88,441		90,084
Total	$	8,746	$	3,896	$	181	$	27,050	$	3,460,943	$	3,500,816

December 31, 2023	30 – 59 Days Past Due		60 – 89 Days Past Due		Greater Than 90 Days Past Due Still On Accrual		Non-accrual		Loans Not Past Due		Total
Commercial real estate	$	2,397	$	198	$	189	$	5,447	$	1,751,624	$	1,759,855
Commercial and industrial		1,853		2,713		71		5,041		588,649		598,327
Residential real estate		1,444		676		—		7,251		546,957		556,328
Agricultural real estate		949		—		—		4,214		190,951		196,114
Agricultural		559		65		19		2,470		115,474		118,587
Consumer		443		118		—		603		102,526		103,690
Total	$	7,645	$	3,770	$	279	$	25,026	$	3,296,181	$	3,332,901

Off Balance Sheet Credit Exposure

The following table lists allowance for credit losses on off-balance sheet credit exposures as of December 31, 2024 and 2023.

	December 31, 2024		December 31, 2023
Commercial real estate	$	188	$	285
Commercial and industrial		1,170		1,053
Residential real estate		69		35
Agricultural real estate		1		2
Agricultural		12		3
Consumer		2		247
Total	$	1,442	$	1,625

Summary of Risk Category of Loans by Class of Loans

Based on the most recent analysis performed, the risk category of loans by type and year of origination, at December 31, 2024, is as follows.

December 31, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost		Revolving Loans Converted to Term		Total
Commercial real estate
Risk rating
Pass	$	332,078	$	191,947	$	337,048	$	162,180	$	148,732	$	166,614	$	474,324	$	855	$	1,813,778
Special Mention		331		—		103		—		—		378		497		—		1,309
Substandard		795		459		3,693		3,499		365		6,277		339		—		15,427
Doubtful		—		—		—		—		—		—		—		—		—
Total commercial real estate	$	333,204	$	192,406	$	340,844	$	165,679	$	149,097	$	173,269	$	475,160	$	855	$	1,830,514
Commercial and industrial
Risk rating
Pass	$	114,421	$	78,335	$	69,294	$	32,227	$	53,119	$	16,902	$	261,227	$	994	$	626,519
Special Mention		121		—		160		18		—		870		131		—		1,300
Substandard		8,256		8,189		315		274		1,113		1,592		10,563		667		30,969
Doubtful		—		—		—		—		—		77		—		—		77
Total commercial and industrial	$	122,798	$	86,524	$	69,769	$	32,519	$	54,232	$	19,441	$	271,921	$	1,661	$	658,865
Residential real estate
Risk rating
Pass	$	25,981	$	33,933	$	35,687	$	260,180	$	7,622	$	130,242	$	66,981	$	572	$	561,198
Special Mention		—		—		—		—		—		300		72		—		372
Substandard		—		195		253		403		123		3,370		807		45		5,196
Doubtful		—		—		—		—		—		—		—		—		—
Total residential real estate	$	25,981	$	34,128	$	35,940	$	260,583	$	7,745	$	133,912	$	67,860	$	617	$	566,766
Agricultural real estate
Risk rating
Pass	$	52,369	$	16,936	$	24,551	$	11,468	$	20,508	$	36,834	$	95,410	$	277	$	258,353
Special Mention		1,541		—		151		—		—		138		595		—		2,425
Substandard		—		2,054		56		571		76		3,659		54		—		6,470
Doubtful		—		—		—		—		—		—		—		—		—
Total agricultural real estate	$	53,910	$	18,990	$	24,758	$	12,039	$	20,584	$	40,631	$	96,059	$	277	$	267,248
Agricultural
Risk rating
Pass	$	15,428	$	4,045	$	5,364	$	2,576	$	3,674	$	1,308	$	53,757	$	49	$	86,201
Special Mention		—		—		—		—		—		32		—		—		32
Substandard		45		185		19		274		404		36		143		—		1,106
Doubtful		—		—		—		—		—		—		—		—		—
Total agricultural	$	15,473	$	4,230	$	5,383	$	2,850	$	4,078	$	1,376	$	53,900	$	49	$	87,339
Consumer
Risk rating
Pass	$	35,412	$	17,503	$	14,157	$	5,765	$	2,732	$	2,724	$	11,007	$	—	$	89,300
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		13		234		289		170		43		35		—		—		784
Doubtful		—		—		—		—		—		—		—		—		—
Total consumer	$	35,425	$	17,737	$	14,446	$	5,935	$	2,775	$	2,759	$	11,007	$	—	$	90,084
Total loans
Risk rating
Pass	$	575,689	$	342,699	$	486,101	$	474,396	$	236,387	$	354,624	$	962,706	$	2,747	$	3,435,349
Special Mention		1,993		—		414		18		—		1,718		1,295		—		5,438
Substandard		9,109		11,316		4,625		5,191		2,124		14,969		11,906		712		59,952
Doubtful		—		—		—		—		—		77		—		—		77
Total loans	$	586,791	$	354,015	$	491,140	$	479,605	$	238,511	$	371,388	$	975,907	$	3,459	$	3,500,816

The risk category of loans by type and year of origination, at December 31, 2023, is as follows.

December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost		Revolving Loans Converted to Term		Total
Commercial real estate
Risk rating
Pass	$	212,229	$	379,233	$	253,837	$	179,935	$	75,472	$	186,073	$	461,346	$	753	$	1,748,878
Special Mention		257		—		119		—		—		399		—		—		775
Substandard		84		2,501		3,481		256		1,463		2,336		81		—		10,202
Doubtful		—		—		—		—		—		—		—		—		—
Total commercial real estate	$	212,570	$	381,734	$	257,437	$	180,191	$	76,935	$	188,808	$	461,427	$	753	$	1,759,855
Commercial and industrial
Risk rating
Pass	$	128,598	$	110,817	$	54,416	$	49,557	$	29,931	$	7,293	$	204,237	$	1,780	$	586,629
Special Mention		—		—		15		—		—		992		—		—		1,007
Substandard		1,317		468		230		2,922		237		2,171		3,346		—		10,691
Doubtful		—		—		—		—		—		—		—		—		—
Total commercial and industrial	$	129,915	$	111,285	$	54,661	$	52,479	$	30,168	$	10,456	$	207,583	$	1,780	$	598,327
Residential real estate
Risk rating
Pass	$	35,040	$	29,766	$	277,611	$	5,183	$	12,506	$	130,144	$	57,699	$	1,065	$	549,014
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		213		187		22		156		1,960		4,710		66		7,314
Doubtful		—		—		—		—		—		—		—		—		—
Total residential real estate	$	35,040	$	29,979	$	277,798	$	5,205	$	12,662	$	132,104	$	62,409	$	1,131	$	556,328
Agricultural real estate
Risk rating
Pass	$	22,368	$	26,762	$	17,987	$	18,551	$	10,653	$	20,039	$	74,010	$	289	$	190,659
Special Mention		903		158		—		—		—		164		605		—		1,830
Substandard		40		—		24		—		101		3,423		37		—		3,625
Doubtful		—		—		—		—		—		—		—		—		—
Total agricultural real estate	$	23,311	$	26,920	$	18,011	$	18,551	$	10,754	$	23,626	$	74,652	$	289	$	196,114
Agricultural
Risk rating
Pass	$	12,424	$	7,363	$	4,815	$	7,148	$	1,385	$	3,809	$	78,285	$	55	$	115,284
Special Mention		—		—		—		—		—		33		9		—		42
Substandard		39		10		464		629		1,861		52		206		—		3,261
Doubtful		—		—		—		—		—		—		—		—		—
Total agricultural	$	12,463	$	7,373	$	5,279	$	7,777	$	3,246	$	3,894	$	78,500	$	55	$	118,587
Consumer
Risk rating
Pass	$	47,019	$	24,620	$	10,384	$	4,841	$	1,281	$	2,885	$	12,035	$	1	$	103,066
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		50		241		163		98		49		23		—		—		624
Doubtful		—		—		—		—		—		—		—		—		—
Total consumer	$	47,069	$	24,861	$	10,547	$	4,939	$	1,330	$	2,908	$	12,035	$	1	$	103,690
Total loans
Risk rating
Pass	$	457,678	$	578,561	$	619,050	$	265,215	$	131,228	$	350,243	$	887,612	$	3,943	$	3,293,530
Special Mention		1,160		158		134		—		—		1,588		614		—		3,654
Substandard		1,530		3,433		4,549		3,927		3,867		9,965		8,380		66		35,717
Doubtful		—		—		—		—		—		—		—		—		—
Total loans	$	460,368	$	582,152	$	623,733	$	269,142	$	135,095	$	361,796	$	896,606	$	4,009	$	3,332,901

Schedule of Charge-off and Recovery Activity by Loan Type and Year of Origination

The following table discloses the charge-off and recovery activity by loan type and year of origination at December 31, 2024.

December 31, 2024	2024			2023			2022			2021			2020			Prior			Revolving Loans Amortized Cost			Revolving Loans Converted to Term		Total
Commercial real estate
Gross charge-offs	$	—		$	—		$	(17	)	$	—		$	—		$	—		$	(80	)	$	—	$	(97	)
Gross recoveries		—			—			8			—			1			34			1			—		44
Net charge-offs	$	—		$	—		$	(9	)	$	—		$	1		$	34		$	(79	)	$	—	$	(53	)
Commercial and industrial
Gross charge-offs	$	—		$	(31	)	$	(360	)	$	(176	)	$	(486	)	$	(839	)	$	(1,293	)	$	—	$	(3,185	)
Gross recoveries		—			—			247			13			21			56			59			2		398
Net charge-offs	$	—		$	(31	)	$	(113	)	$	(163	)	$	(465	)	$	(783	)	$	(1,234	)	$	2	$	(2,787	)
Residential real estate
Gross charge-offs	$	—		$	—		$	(134	)	$	(2	)	$	—		$	(21	)	$	(26	)	$	—	$	(183	)
Gross recoveries		—			—			—			1			—			39			4			—		44
Net charge-offs	$	—		$	—		$	(134	)	$	(1	)	$	—		$	18		$	(22	)	$	—	$	(139	)
Agricultural real estate
Gross charge-offs	$	—		$	—		$	(11	)	$	(12	)	$	(1	)	$	(76	)	$	—		$	—	$	(100	)
Gross recoveries		4			—			10			—			—			78			—			—		92
Net charge-offs	$	4		$	—		$	(1	)	$	(12	)	$	(1	)	$	2		$	—		$	—	$	(8	)
Agricultural
Gross charge-offs	$	—		$	(2	)	$	(25	)	$	(1	)	$	—		$	—		$	—		$	—	$	(28	)
Gross recoveries		—			1			22			1			1			—			—			—		25
Net charge-offs	$	—		$	(1	)	$	(3	)	$	—		$	1		$	—		$	—		$	—	$	(3	)
Consumer
Gross charge-offs	$	(206	)	$	(105	)	$	(216	)	$	(183	)	$	(49	)	$	(191	)	$	(73	)	$	—	$	(1,023	)
Gross recoveries		8			10			19			34			10			122			11			—		214
Net charge-offs	$	(198	)	$	(95	)	$	(197	)	$	(149	)	$	(39	)	$	(69	)	$	(62	)	$	—	$	(809	)
Total loans
Gross charge-offs	$	(206	)	$	(138	)	$	(763	)	$	(374	)	$	(536	)	$	(1,127	)	$	(1,472	)	$	—	$	(4,616	)
Gross recoveries		12			11			306			49			33			329			75			2		817
Net charge-offs	$	(194	)	$	(127	)	$	(457	)	$	(325	)	$	(503	)	$	(798	)	$	(1,397	)	$	2	$	(3,799	)

The following table discloses the charge-off and recovery activity by loan type and year of origination at December 31, 2023.

December 31, 2023	2023			2022			2021			2020			2019			Prior			Revolving Loans Amortized Cost			Revolving Loans Converted to Term		Total
Commercial real estate
Gross charge-offs	$	—		$	—		$	—		$	—		$	(11	)	$	(9	)	$	—		$	—	$	(20	)
Gross recoveries		—			63			—			—			—			32			—			—		95
Net charge-offs	$	—		$	63		$	—		$	—		$	(11	)	$	23		$	—		$	—	$	75
Commercial and industrial
Gross charge-offs	$	(10	)	$	(226	)	$	(22	)	$	(18	)	$	(2	)	$	(25	)	$	(3,488	)	$	—	$	(3,791	)
Gross recoveries		—			32			—			15			—			10			34			—		91
Net charge-offs	$	(10	)	$	(194	)	$	(22	)	$	(3	)	$	(2	)	$	(15	)	$	(3,454	)	$	—	$	(3,700	)
Residential real estate
Gross charge-offs	$	—		$	—		$	—		$	—		$	(14	)	$	(62	)	$	(4	)	$	—	$	(80	)
Gross recoveries		—			—			—			—			—			62			—			—		62
Net charge-offs	$	—		$	—		$	—		$	—		$	(14	)	$	—		$	(4	)	$	—	$	(18	)
Agricultural real estate
Gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	(4	)	$	(50	)	$	—	$	(54	)
Gross recoveries		—			—			—			—			—			8			—			—		8
Net charge-offs	$	—		$	—		$	—		$	—		$	—		$	4		$	(50	)	$	—	$	(46	)
Agricultural
Gross charge-offs	$	—		$	—		$	(107	)	$	—		$	—		$	(1	)	$	—		$	—	$	(108	)
Gross recoveries		—			—			—			—			—			155			—			—		155
Net charge-offs	$	—		$	—		$	(107	)	$	—		$	—		$	154		$	—		$	—	$	47
Consumer
Gross charge-offs	$	(240	)	$	(168	)	$	(120	)	$	(58	)	$	(51	)	$	(186	)	$	(78	)	$	—	$	(901	)
Gross recoveries		20			53			58			22			24			152			14			—		343
Net charge-offs	$	(220	)	$	(115	)	$	(62	)	$	(36	)	$	(27	)	$	(34	)	$	(64	)	$	—	$	(558	)
Total loans
Gross charge-offs	$	(250	)	$	(394	)	$	(249	)	$	(76	)	$	(78	)	$	(287	)	$	(3,620	)	$	—	$	(4,954	)
Gross recoveries		20			148			58			37			24			419			48			—		754
Net charge-offs	$	(230	)	$	(246	)	$	(191	)	$	(39	)	$	(54	)	$	132		$	(3,572	)	$	—	$	(4,200	)

Summary of Amortized Cost Basis of Loans Modified

The following table presents the amortized cost basis of loans at December 31, 2024, and 2023, that were both experiencing financial difficulty and modified during the twelve months ended December 31, 2024 and 2023, by class and by type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below.

December 31, 2024	Payment Delay		Term Extension		Combination Rate Change and Term Extension		Combination Payment Delay and Term Extension		Total Modifications		Total Class of Financing Receivable
Commercial real estate	$	—	$	1,515	$	—	$	9,933	$	11,448		0.63	%
Commercial and industrial		3,667		2,470		—		1,736		7,873		1.19	%
Residential real estate		—		—		—		—		—		0.00	%
Agricultural real estate		—		3,222		—		—		3,222		1.21	%
Agricultural		—		1,641		—		168		1,809		2.07	%
Consumer		—		—		—		—		—		0.00	%
Total	$	3,667	$	8,848	$	—	$	11,837	$	24,352		0.70	%
December 31, 2023	Payment Delay		Term Extension		Combination Rate Change and Term Extension		Combination Payment Delay and Term Extension		Total Modifications		Total Class of Financing Receivable
Commercial real estate	$	—	$	—	$	—	$	3,547	$	3,547		0.20	%
Commercial and industrial		—		1,433		—		11,492		12,925		2.16	%
Residential real estate		—		—		—		12		12		0.00	%
Agricultural real estate		—		858		—		1,098		1,956		1.00	%
Agricultural		122		—		—		421		543		0.46	%
Consumer		—		—		21		—		21		0.02	%
Total	$	122	$	2,291	$	21	$	16,570	$	19,004		0.57	%

Summary of Performance of Loans Modified

The following table presents the performance of such loans that have been modified during the twelve months ended December 31, 2024, and 2023.

December 31, 2024	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater Than 89 days Past Due		Total Past Due
Commercial real estate	$	—	$	—	$	643	$	643
Commercial and industrial		393		2,967		617		3,977
Residential real estate		—		—		—		—
Agricultural real estate		—		—		—		—
Agricultural		—		—		—		—
Consumer		—		—		—		—
Total	$	393	$	2,967	$	1,260	$	4,620
December 31, 2023	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater Than 89 days Past Due		Total Past Due
Commercial real estate	$	258	$	—	$	—	$	258
Commercial and industrial		—		211		—		211
Residential real estate		—		—		11		11
Agricultural real estate		—		—		—		—
Agricultural		122		—		—		122
Consumer		21		—		—		21
Total	$	401	$	211	$	11	$	623

Schedule of Financial Effect of Loan Modifications to Borrowers Experiencing Financial Difficulty

The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the twelve months ended December 31, 2024, and 2023.

December 31, 2024	Principal Forgiveness		Weighted Average Interest Rate Reduction			Weighted Average Term Extension in Years
Commercial real estate	$	—		—	%		0.41
Commercial and industrial		—		—	%		0.70
Residential real estate		—		—	%		—
Agricultural real estate		—		—	%		5.16
Agricultural		—		—	%		0.80
Consumer		—		—	%		—
Total loans	$	—		—	%		1.24
December 31, 2023	Principal Forgiveness		Weighted Average Interest Rate Reduction			Weighted Average Term Extension in Years
Commercial real estate	$	—		—	%		0.36
Commercial and industrial		2,254		—	%		1.05
Residential real estate		—		—	%		3.42
Agricultural real estate		—		—	%		0.85
Agricultural		—		—	%		0.58
Consumer		—		—	%		2.16
Total loans	$	2,254		—	%		0.81