Loans and Allowance for Credit Losses

6 Months Ended

Jun. 30, 2023

Loans and Allowance for Credit Losses [Abstract]

Loans and Allowance for Credit Losses

5. Loans and Allowance for Credit Losses

The following table presents the Corporation’s loan portfolio by category of loans as of June 30, 2023 (in thousands):

	June 30,
	2023
	$
Agriculture		245,971
Business Loans		350,740
Consumer		6,310
Home Equity		102,108
Non-Owner Occupied Commercial Real Estate		125,894
Residential Real Estate (a)		462,942
Gross loans prior to deferred costs		1,293,965
Deferred loan costs, net		2,537
Allowance for credit losses		(16,833	)
Total net loans (b)		1,279,669

(a) Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $295,406,000 as of June 30, 2023.

(b) Refer to Note 1, Accounting Pronouncements Adopted in 2023 for details of reclassification of the portfolio segments related to the adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.

The following table presents the Corporation’s loan portfolio, prior to the adoption of ASC 326, by category of loans and the impact of the change from the adoption of the standard (in thousands):

							Post Adoption
	December 31,			Adoption			January, 1
	2022			Impact			2023
	$			$			$
Agriculture		—			238,734			238,734
Business Loans		—			336,340			336,340
Home Equity		—			98,854			98,854
Non-Owner Occupied CRE		—			111,333			111,333
Residential Real Estate (a)		—			397,260			397,260
Commercial real estate
Commercial mortgages		210,823			(210,823	)		—
Agriculture mortgages		221,167			(221,167	)		—
Construction		86,793			(86,793	)		—
Total commercial real estate		518,783			(518,783	)		—
Consumer real estate (a)
1-4 family residential mortgages		410,301			(410,301	)		—
Home equity loans		11,937			(11,937	)		—
Home equity lines of credit		98,349			(98,349	)		—
Total consumer real estate		520,587			(520,587	)		—
Commercial and industrial
Commercial and industrial		87,528			(87,528	)		—
Tax-free loans		28,664			(28,664	)		—
Agriculture loans		27,122			(27,122	)		—
Total commercial and industrial		143,314			(143,314	)		—
Consumer		5,769			163			5,932
Gross loans prior to deferred fees		1,188,453			—			1,188,453
Deferred loan costs, net		2,664
Allowance for credit losses		(14,151	)
Total net loans		1,176,966

(a) Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets totaled $298,375,000 as of December 31, 2022.  

Age Analysis of Past-Due Loans Receivable

The performance and credit quality of the loan portfolio is monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the past-due status as of June 30, 2023 (in thousands):

	June 30, 2023
			31-60		61-90		Greater Than
			Days		Days		90 Days		Total		Total
	Current		Past Due		Past Due		Past Due		Past Due		Loans
Agriculture	$	245,702	$	—	$	—	$	269	$	269	$	245,971
Business Loans		350,599		—		—		141		141		350,740
Consumer		6,261		12		14		23		49		6,310
Home Equity		101,984		19		105		—		124		102,108
Non-Owner Occupied CRE		125,894		—		—		—		—		125,894
Residential Real Estate		462,213		614		—		115		729		462,942
Total (a)	$	1,292,653	$	645	$	119	$	548	$	1,312	$	1,293,965

(a) Refer to Note 1, Accounting Pronouncements Adopted in 2023 for details of reclassification of the portfolio segments related to adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.

The following table presents the classes of the loan portfolio summarized by the past-due status as of December 31, 2022 (in thousands):

	December 31, 2022
													Loans
					Greater								Receivable >
	30-59 Days		60-89 Days		than 90		Total Past				Total Loans		90 Days and
	Past Due		Past Due		Days		Due		Current		Receivable		Accruing
	$		$		$		$		$		$		$
Commercial real estate
Commercial mortgages		—		—		554		554		210,269		210,823		—
Agriculture mortgages		—		—		2,787		2,787		218,380		221,167		—
Construction		—		—		—		—		86,793		86,793		—
Consumer real estate
1-4 family residential mortgages		905		—		447		1,352		408,949		410,301		139
Home equity loans		17		—		339		356		11,581		11,937		—
Home equity lines of credit		165		16		—		181		98,168		98,349		—
Commercial and industrial
Commercial and industrial		—		—		190		190		87,338		87,528		—
Tax-free loans		—		—		—		—		28,664		28,664		—
Agriculture loans		—		—		—		—		27,122		27,122		—
Consumer		9		5		30		44		5,725		5,769		30
Total		1,096		21		4,347		5,464		1,182,989		1,188,453		169

Nonperforming Loans

The following table presents the amortized cost basis of loans on nonaccrual status and loans past due over 90 days still accruing interest as of June 30, 2023, (in thousands):

	Nonaccrual		Nonaccrual				Loans Past
	with no		with		Total		Due Over 90 Days		Total
	ACL		ACL		Nonaccrual		Still Accruing		Nonperforming
Agriculture	$	2,106	$	—	$	2,106	$	269	$	2,375
Business Loans		797		—		797		—		797
Consumer Loans		—		—		—		23		23
Home Equity		—		—		—		—		—
Non-Owner Occupied CRE		—		—		—		—		—
Residential Real Esate		—		—		—		115		115
Total (a)	$	2,903	$	—	$	2,903	$	407	$	3,310

(a) Refer to Note 1, Accounting Pronouncements Adopted in 2023 for details of reclassification of the portfolio segments

related to adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on

Financial Instruments.

The following table presents nonaccrual loans by classes of the loan portfolio as of December 31, 2022 (in thousands):

Nonaccrual Loans

	December 31,
	2022
	$
Commercial real estate
Commercial mortgages		554
Agriculture mortgages		2,787
Construction		—
Consumer real estate
1-4 family residential mortgages		308
Home equity loans		339
Home equity lines of credit		—
Commercial and industrial
Commercial and industrial		190
Tax-free loans		—
Agriculture loans		—
Consumer		—
Total		4,178

Credit Quality Indicators

The Corporation grades commercial credits differently than consumer credits. The following tables represent all of the Corporation’s commercial credit exposures by internally assigned grades as of June 30, 2023 and December 31, 2022. The grading analysis estimates the capability of the borrower to repay the contractual obligations under the loan agreements as scheduled. The Corporation's internal commercial credit risk grading system is based on experiences with similarly graded loans.

The Corporation's internally assigned grades for commercial credits are as follows:

● Pass – loans which are protected by the current net worth and paying capacity of the obligor or by the value of the underlying collateral.

● Special Mention – loans where a potential weakness or risk exists, which could cause a more serious problem, if not corrected. 

● Substandard – loans that have a well-defined weakness based on objective evidence and characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected.

● Doubtful – loans classified as doubtful have all the weaknesses inherent in a substandard asset.  In addition, these weaknesses make collection or liquidation in full highly questionable and improbable, based on existing circumstances.

● Loss – loans classified as a loss are considered uncollectible, or of such value that continuance as an asset is not warranted.

Based on the most recent analysis performed, the following table presents the recorded investment by internal risk rating system for Commercial Credit exposure as of June 30, 2023 (in thousands):

													Revolving		Revolving
	Term Loans Amortized Costs Basis by Origination Year												Loans		Loans
													Amortized		Converted
June 30, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		to Term		Total
Agriculture
Risk Rating
Pass	$	25,207	$	45,675	$	51,361	$	20,847	$	15,716	$	63,754	$	18,032	$	—	$	240,592
Special Mention		—		48		503		—		187		1,213		64		—		2,015
Substandard		—		—		—		747		306		2,311		—		—		3,364
Doubtful		—		—		—		—		—		—		—		—		—
Total	$	25,207	$	45,723	$	51,864	$	21,594	$	16,209	$	67,278	$	18,096	$	—	$	245,971
Agriculture
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Business Loans
Risk Rating
Pass	$	22,826	$	105,175	$	71,059	$	39,252	$	16,901	$	51,583	$	37,670	$	—	$	344,466
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		3,172		1,539		—		299		—		932		332		—		6,274
Doubtful		—		—		—		—		—		—		—		—		—
Total	$	25,998	$	106,714	$	71,059	$	39,551	$	16,901	$	52,515	$	38,002	$	—	$	350,740
Business Loans
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Non-Owner Occupied CRE
Risk Rating
Pass	$	14,099	$	42,236	$	27,143	$	13,186	$	7,964	$	13,647	$	4,260	$	—	$	122,535
Special Mention		—		647		—		—		—		—		—		—		647
Substandard		—		—		—		—		2,400		312		—		—		2,712
Doubtful		—		—		—		—		—		—		—		—		—
Total	$	14,099	$	42,883	$	27,143	$	13,186	$	10,364	$	13,959	$	4,260	$	—	$	125,894
Non-Owner Occupied CRE
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total
Risk Rating
Pass	$	62,132	$	193,086	$	149,563	$	73,285	$	40,581	$	128,984	$	59,962	$	—	$	707,593
Special Mention		—		695		503		—		187		1,213		64		—		2,662
Substandard		3,172		1,539		—		1,046		2,706		3,555		332		—		12,350
Doubtful		—		—		—		—		—		—		—		—		—
Total (a)	$	65,304	$	195,320	$	150,066	$	74,331	$	43,474	$	133,752	$	60,358	$	—	$	722,605

(a) Refer to Note 1, Accounting Pronouncements Adopted in 2023 for details of reclassification of the portfolio segments related to adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.

The following table presents the recorded investment in loans by internal risk rating system for Commercial Credit Exposure as of December 31, 2022 in accordance with ASC 310 (in thousands):

December 31, 2022	Commercial Mortgages		Agriculture Mortgages		Construction		Commercial and Industrial		Tax-free Loans		Agriculture Loans		Total
	$		$		$		$		$		$		$
Grade:
Pass		209,534		214,905		83,240		85,977		28,664		26,749		649,069
Special Mention		—		1,966		3,553		893		—		132		6,544
Substandard		1,289		4,296		—		658		—		241		6,484
Doubtful		—		—		—		—		—		—		—
Loss		—		—		—		—		—		—		—
Total		210,823		221,167		86,793		87,528		28,664		27,122		662,097

For consumer loans, the Corporation evaluates credit quality based on whether the loan is considered performing or non-performing. Non-performing loans consist of those loans greater than 90 days delinquent and nonaccrual loans.

The following table presents the balances of consumer loans by classes of the loan portfolio based on payment performance as of June 30, 2023 (in thousands):

													Revolving		Revolving
	Term Loans Amortized Costs Basis by Origination Year												Loans		Loans
													Amortized		Converted
June 30, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		to Term		Total
Consumer
Payment Performance
Performing	$	2,173	$	1,470	$	606	$	270	$	65	$	9	$	1,694	$	—	$	6,287
Nonperforming		—		—		4		1		—		—		18		—		23
Total	$	2,173	$	1,470	$	610	$	271	$	65	$	9	$	1,712	$	—	$	6,310
Consumer
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	1	$	—	$	—	$	—	$	1
Home equity
Payment Performance
Performing	$	2,619	$	19,904	$	1,117	$	635	$	591	$	2,226	$	72,314	$	2,702	$	102,108
Nonperforming		—		—		—		—		—		—		—		—		—
Total	$	2,619	$	19,904	$	1,117	$	635	$	591	$	2,226	$	72,314	$	2,702	$	102,108
Home equity
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential Real Estate
Payment Performance
Performing	$	69,466	$	156,151	$	109,332	$	45,604	$	32,845	$	49,429	$	—	$	—	$	462,827
Nonperforming		—		—		—		—		—		115		—		—		115
Total	$	69,466	$	156,151	$	109,332	$	45,604	$	32,845	$	49,544	$	—	$	—	$	462,942
Residential Real Estate
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total
Payment Performance
Performing	$	74,258	$	177,525	$	111,055	$	46,509	$	33,501	$	51,664	$	74,008	$	2,702	$	571,222
Nonperforming		—		—		4		1		—		115		18		—		138
Total (a)	$	74,258	$	177,525	$	111,059	$	46,510	$	33,501	$	51,779	$	74,026	$	2,702	$	571,360

(a) Refer to Note 1, Accounting Pronouncements Adopted in 2023 for details of reclassification of the portfolio segments related to adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.

The following table presents the balances of consumer loans by classes of the loan portfolio based on payment performance as of December 31, 2022 in accordance with ASC 310 (in thousands):

December 31, 2022	1-4 Family Residential Mortgages		Home Equity Loans		Home Equity Lines of Credit		Consumer		Total
Payment performance:	$		$		$		$		$
Performing		409,854		11,598		98,349		5,739		525,540
Non-performing		447		339		—		30		816
Total		410,301		11,937		98,349		5,769		526,356

As of December 31, 2022, all of the Corporation’s commercial loans on nonaccrual status were also considered impaired.

Information with respect to impaired loans for the three and six months ended June 30, 2022, in accordance with ASC 310 is as follows:

	Three		Six
	Months		Months
	Ended		Ended
	June 30,		June 30,
	2022		2022
	$		$
Average recorded balance of impaired loans		4,179		3,533
Interest income recognized on impaired loans		5		13

The following table summarizes information regarding impaired loans by loan portfolio class as of December 31, 2022, in accordance with ASC 310:

IMPAIRED LOAN ANALYSIS
(DOLLARS IN THOUSANDS)
December 31, 2022	Recorded Investment		Unpaid Principal Balance		Related Allowance
	$		$		$
With no related allowance recorded:
Commercial real estate
Commercial mortgages		1,201		1,271		—
Agriculture mortgages		3,229		3,348		—
Construction		—		—		—
Total commercial real estate		4,430		4,619		—
Commercial and industrial
Commercial and industrial		190		199		—
Tax-free loans		—		—		—
Agriculture loans		—		—		—
Total commercial and industrial		190		199		—
Total with no related allowance		4,620		4,818		—
With an allowance recorded:
Commercial real estate
Commercial mortgages		—		—		—
Agriculture mortgages		—		—		—
Construction		—		—		—
Total commercial real estate		—		—		—
Commercial and industrial
Commercial and industrial		—		—		—
Tax-free loans		—		—		—
Agriculture loans		—		—		—
Total commercial and industrial		—		—		—
Total with a related allowance		—		—		—
Total by loan class:
Commercial real estate
Commercial mortgages		1,201		1,271		—
Agriculture mortgages		3,229		3,348		—
Construction		—		—		—
Total commercial real estate		4,430		4,619		—
Commercial and industrial
Commercial and industrial		190		199		—
Tax-free loans		—		—		—
Agriculture loans		—		—		—
Total commercial and industrial		190		199		—
Total		4,620		4,818		—

Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses by portfolio segment for the three months ended June 30, 2023 (in thousands):

	Beginning							Provisions			Ending
	Balance		Charge-offs			Recoveries		(Reductions)			Balance
Allowance for credit losses:
Agriculture		3,591		—			—		75			3,666
Business Loans		3,473		—			2		(26	)		3,449
Consumer Loans		270		(14	)		1		100			357
Home Equity		2,318		—			—		21			2,339
Non-Owner Occupied CRE		942		—			—		1			943
Residential Real Estate		5,460		—			7		612			6,079
Total (a)	$	16,054	$	(14	)	$	10	$	783		$	16,833

(a) Refer to Note 1, Accounting Pronouncements Adopted in 2023 for details of reclassification of the portfolio segments related to adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.

The following table presents the activity in the allowance for credit losses by portfolio segment for the six months ended June 30, 2023 (in thousands):

			Impact of
	Beginning		adopting								Provisions		Ending
	Balance		ASC 326			Charge-offs			Recoveries		(Reductions)		Balance
Allowance for credit losses:
Commercial Real Estate	$	6,074	$	(6,074	)	$	—		$	—	$	—	$	—
Consumer Real Estate		5,442		(5,442	)		—			—		—		—
Commerical & Industrial		2,151		(2,151	)		—			—		—		—
Consumer		67		(67	)		—			—		—		—
Agriculture		—		3,537			—			71		58		3,666
Business Loans		—		3,382			—			7		60		3,449
Consumer Loans		—		250			(15	)		1		121		357
Home Equity		—		2,129			—			—		210		2,339
Non-Owner Occupied CRE		—		875			—			—		68		943
Residential Real Estate		—		4,658			—			8		1,413		6,079
Unallocated		417		(417	)		—			—		—		—
Total (a)	$	14,151	$	680		$	(15	)	$	87	$	1,930	$	16,833

(a) Refer to Note 1, Accounting Pronouncements Adopted in 2023 for details of reclassification of the portfolio segments related to adoption of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.  

During the six months ended June 30, 2023, management charged off $15,000 in loans while recovering $87,000 and added $1,930,000 to the provision for credit losses related to loans and added $142,000 to the provision for off-balance sheet credit exposure for a combined provision of $2,072,000.

The ACL is maintained at a level determined to be adequate to absorb estimated expected credit losses within the loan portfolio over the contractual life of an instrument that considers historical loss experience, current conditions, and forecasts of future economic conditions as of the balance sheet date. The Corporation develops and documents a systematic ACL methodology based on the following portfolio segments: Agriculture, Business Loans, Consumer Loans, Home Equity, Non-Owner Occupied CRE, and Residential Real Estate.  The following are key risks within each portfolio segment:

Agriculture – Loans made to individuals or operating companies within the Agricultural industry.  These loans are generally secured by a first lien mortgage on agricultural land.  The primary source of repayment is the income and assets of the borrower.  The condition of the agriculture industry as well as the condition of the national economy is an important indicator of risk for this segment. 

Business Loans —Loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory or equipment financing. The primary source of repayment for these loans is cash flow from the operations of the company.   The condition of the national economy is an important indicator of risk, but there are also more specific risks depending on the industry of the company. This segment also includes loans made to finance construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. While the risk of these loans is generally confined to the construction period, if there are problems, the project may not be completed, and as such, may not provide sufficient cash flow on its own to service the debt or have sufficient value in a liquidation to cover the outstanding principal. The condition of the national economy is an important indicator of risk, but there are also more specific risks depending on the type of project and the experience and resources of the developer.

Consumer - Loans made to individuals that may be secured by assets other than 1-4 family residences, as well as unsecured loans. This segment includes personal loans and lines of credit that may be secured or unsecured.  The primary source of repayment for these loans is the income and assets of the borrower. The condition of the national economy, in particular the unemployment rate, is an important indicator of risk for this segment. The value of the collateral, if there is any, is less likely to be a source of repayment due to less certain collateral values.

Home Equity– This segment generally includes lines of credit and term loans secured by the equity in the borrower’s residence.  The primary source of repayment for these facilities is the income and assets of the borrower. The condition of the national economy, in particular the unemployment rate, is an important indicator of risk for this segment. The state of the national housing market can also have a significant impact on this segment because low demand and/or declining home values can limit the ability of borrowers to sell a property and satisfy the debt.

Non-Owner Occupied CRE - Loans secured by commercial purpose real estate for various purposes such as hotels, retail, multifamily and health care. The primary sources of repayment for these loans are the operations of the individual projects and global cash flows of the debtors. The condition of the national economy is an important indicator of risk, but there are also more specific risks depending on the collateral type and the business prospects of the lessee.

Residential Real Estate—Loans secured by first liens on 1-4 family residential mortgages. The primary source of repayment for these loans is the income and assets of the borrower. The condition of the national economy, in particular the unemployment rate, is an important indicator of risk for this segment. The state of the national housing market can also have a significant impact on this segment because low demand and/or declining home values can limit the ability of borrowers to sell a property and satisfy the debt.

The following table details activity in the allowance for credit losses by portfolio segment for the six months ended June 30, 2022:

ALLOWANCE FOR CREDIT LOSSES

(DOLLARS IN THOUSANDS)

	Commercial Real Estate			Consumer Real Estate		Commercial and Industrial			Consumer			Unallocated			Total
	$			$		$			$			$			$
Allowance for credit losses:
Beginning balance - December 31, 2021		6,263			3,834		2,112			87			635			12,931
Charge-offs		(65	)		—		—			(1	)		—			(66	)
Recoveries		—			3		10			1			—			14
Provision		(90	)		41		193			(16	)		(28	)		100
Balance - March 31, 2022		6,108			3,878		2,315			71			607			12,979
Charge-offs		—			—		(41	)		—			—			(41	)
Recoveries		2			3		12			1			—			18
Provision		(239	)		834		255			(28	)		(172	)		650
Balance - June 30, 2022		5,871			4,715		2,541			44			435			13,606

During the six months ended June 30, 2022, management charged off $107,000 in loans while recovering $32,000 and added $750,000 to the provision. The unallocated portion of the allowance decreased from 4.9% of total reserves as of December 31, 2021, to 3.2% as of June 30, 2022.

During the six months ended June 30, 2022, net provision expense was recorded for the consumer real estate and commercial and industrial sectors while the commercial real estate and consumer sectors recorded a credit provision. The provision expense recorded for consumer real estate and commercial and industrial loans was primarily related to growth in those sectors of the loan portfolio through June 30, 2022 while the credit provision in commercial real estate and consumer was primarily related to declining qualitative factors in several areas at June 30, 2022.

The following table presents the balance in the allowance for credit losses and the recorded investment in loans receivable by portfolio segment based on estimation method as of June 30, 2023:

ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE

(DOLLARS IN THOUSANDS)

As of June 30, 2023:	Agriculture		Business Loans		Consumer Loans		Home Equity		Non- Owner Occupied CRE		Residential Real Estate		Total
	$		$		$		$		$		$		$
Allowance for credit losses:
Ending balance: individually evaluated		—		—		—		—		—		—		—
Ending balance: collectively evaluated		3,666		3,449		357		2,339		943		6,079		16,833
Loans receivable:
Ending balance		245,971		350,740		6,310		102,108		125,894		462,942		1,293,965
Ending balance: individually evaluated		2,521		797		—		—		—		—		3,318
Ending balance: collectively evaluated		243,450		349,943		6,310		102,108		125,894		462,942		1,290,647

The following table presents the balance in the allowance for credit losses and the recorded investment in loans receivable by portfolio segment based on impairment method as of December 31, 2022:

ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE

(DOLLARS IN THOUSANDS)

As of December 31, 2022:	Commercial Real Estate		Consumer Real Estate		Commercial and Industrial		Consumer		Unallocated		Total
	$		$		$		$		$		$
Allowance for credit losses:
Ending balance: individually evaluated for impairment		—		—		—		—		—		—
Ending balance: collectively evaluated for impairment		6,074		5,442		2,151		67		417		14,151
Loans receivable:
Ending balance		518,783		520,587		143,314		5,769				1,188,453
Ending balance: individually evaluated for impairment		4,430		—		190		—				4,620
Ending balance: collectively evaluated for impairment		514,353		520,587		143,124		5,769				1,183,833