Effect of New Financial Accounting Standards (Tables)

3 Months Ended

Mar. 31, 2020

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Schedule of Impacts from New Accounting Pronouncements

The following table illustrates the impact of ASC 326

	January 1, 2020
	Pre-ASC 326 Adoption		Impact of ASC 326 Adoption		As Reported Under ASC 326
	(in thousands)
Assets:
Loans
Agricultural	$	3,748	$	(2,557)	$	1,191
Commercial and industrial	8,394		2,728		11,122
Commercial real estate	13,804		1,300		15,104
Residential real estate	2,685		2,050		4,735
Consumer	448		463		911
Allowance for credit losses on loans	$	29,079	$	3,984	$	33,063
Liabilities:
Liability for off-balance sheet credit exposures	$	—	$	3,433	$	3,433