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Loans Receivable (Tables)
3 Months Ended
Mar. 31, 2023
Loans and Leases Receivable Disclosure [Abstract]  
Summary of Portfolio Segments and Classes of Loans

The portfolio segments and classes of loans are as follows:

 

(In Thousands)

 

March 31, 2023

 

 

December 31, 2022

 

Agriculture and farmland loans

 

$

53,301

 

 

$

55,746

 

Construction loans

 

 

67,934

 

 

 

57,713

 

Commercial & industrial loans

 

 

99,356

 

 

 

104,755

 

Commercial real estate loans

 

 

 

 

 

 

     Multifamily

 

 

111,461

 

 

 

105,390

 

     Owner occupied

 

 

151,407

 

 

 

139,554

 

     Non-owner occupied

 

 

249,638

 

 

 

245,274

 

Residential real estate loans

 

 

 

 

 

 

     First liens

 

 

166,478

 

 

 

168,084

 

     Second liens and lines of credit

 

 

30,720

 

 

 

35,576

 

Consumer and other loans

 

 

10,472

 

 

 

10,057

 

Municipal loans

 

 

4,292

 

 

 

5,466

 

 

 

945,059

 

 

 

927,615

 

Deferred costs (fees)

 

 

312

 

 

 

256

 

Allowance for credit losses

 

 

(10,526

)

 

 

(4,666

)

Total

 

$

934,845

 

 

$

923,205

 

 

The balances at December 31, 2022 were reclassified from those previously reported as shown in Note 1.