Loans and Allowance for Credit Losses

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

LOANS AND ALLOWANCE FOR CREDIT LOSSES

3. LOANS AND ALLOWANCE FOR CREDIT LOSSES:

For the year ended December 31, 2021, the tables to follow outline the Company’s loan portfolio by the ten portfolio segments where applicable.

Loans held-for-investment by portfolio segment are as follows (dollars in thousands):

	December 31,
	2021			2020
Commercial:
C&I *	$	837,075		$	1,131,382
Municipal		177,905			181,325
Total Commercial		1,014,980			1,312,707
Agricultural		98,089			94,864
Real Estate:
Construction & Development		749,793			553,959
Farm		217,220			152,237
Non-Owner Occupied CRE		623,434			617,686
Owner Occupied CRE		821,653			746,974
Residential		1,334,419			1,248,409
Total Real Estate		3,746,519			3,319,265
Consumer:
Auto		405,416			353,595
Non-Auto		123,968			90,602
Total Consumer		529,384			444,197
Total Loans		5,388,972			5,171,033
Less: Allowance for credit losses		(63,465	)		(66,534	)
Loans, net	$	5,325,507		$	5,104,499

* All disclosures for the C&I loan segment include PPP loan balances, net of deferred fees, as disclosed on the face of the consolidated balance sheet.

Outstanding loan balances at December 31, 2021 and 2020, are net of unearned income, including net deferred loan fees.

Our subsidiary bank has established a line of credit with the Federal Home Loan Bank of Dallas (“FHLB”) to provide liquidity and meet pledging requirements for those customers eligible to have securities pledged to secure certain uninsured deposits. At December 31, 2021, $3,526,667,000 in loans held by our bank subsidiary were subject to blanket liens as security for this line of credit. At December 31, 2021, there was no balance outstanding under this line of credit.

The Company’s nonaccrual loans, loans still accruing and past due 90 days or more and restructured loans are as follows (dollars in thousands):

	December 31,
	2021		2020
Nonaccrual loans	$	31,652	$	42,619
Loans still accruing and past due 90 days or more		8		113
Troubled debt restructured loans*		21		24
Total	$	31,681	$	42,756

* Troubled debt restructured loans of $6,721,000 and $7,407,000, for which interest collection is doubtful, are included in nonaccrual loans as of December 31, 2021 and 2020, respectively.

The Company had $34,158,000 and $42,898,000 in nonaccrual, past due 90 days or more and still accruing, restructured loans and foreclosed assets at December 31, 2021 and 2020, respectively. Nonaccrual loans totaled $31,652,000 and $42,619,000 at December 31, 2021 and 2020, respectively, and consisted of the following (in thousands):

	December 31,
	2021		2020
Commercial:
C&I	$	5,370	$	5,015
Municipal		—		—
Total Commercial		5,370		5,015
Agricultural		4,920		1,076
Real Estate:
Construction & Development		708		3,838
Farm		1,173		7,299
Non-Owner Occupied CRE		2,671		5,243
Owner Occupied CRE		7,897		10,797
Residential		8,360		8,851
Total Real Estate		20,809		36,028
Consumer:
Auto		514		407
Non-Auto		39		93
Total Consumer		553		500
Total	$	31,652	$	42,619

The Company recognized interest income on nonaccrual loans prior to being recognized as nonaccrual of approximately $2,122,000, $1,006,000 and $750,000 during the years ended December 31, 2021, 2020 and 2019, respectively.

No significant additional funds are committed to be advanced in connection with nonaccrual loans as of December 31, 2021.

Summary information on the allowance for credit losses for the year ended December 31, 2021 and 2020, are outlined by portfolio segment in the following tables (in thousands):

December 31, 2021	C&I			Municipal			Agricultural			Construction & Development		Farm
Beginning balance	$	13,609		$	1,552		$	1,255		$	13,512	$	1,876
Provision for loan losses		(1,879	)		(1,204	)		2,989			4,114		(1,323	)
Recoveries		2,150			—			36			1		110
Charge-offs		(1,600	)		—			(2,683	)		—		—
Ending balance	$	12,280		$	348		$	1,597		$	17,627	$	663

December 31, 2021 (continued)	Non-Owner Occupied CRE			Owner Occupied CRE			Residential			Auto			Non-Auto			Total
Beginning balance	$	8,391		$	12,347		$	12,601		$	1,020		$	371		$	66,534
Provision for loan losses		1,635			(2,109	)		(4,471	)		85			74			(2,089	)
Recoveries		702			821			96			401			211			4,528
Charge-offs		(6	)		(231	)		(93	)		(610	)		(285	)		(5,508	)
Ending balance	$	10,722		$	10,828		$	8,133		$	896		$	371		$	63,465

December 31, 2020	C&I			Municipal			Agricultural			Construction & Development			Farm
Beginning balance, prior to adoption of ASC 326	$	11,010		$	1,112		$	1,206		$	6,045		$	663
Impact of adopting ASC 326		(155	)		(16	)		(8	)		(75	)		(8	)
Initial allowance on acquired TB&T PCD loans		—			—			—			—			727
Provision for loan losses		3,955			456			398			7,542			337
Recoveries		1,315			—			31			—			157
Charge-offs		(2,516	)		—			(372	)		—			—
Ending balance	$	13,609		$	1,552		$	1,255		$	13,512		$	1,876

December 31, 2020 (continued)	Non-Owner Occupied CRE			Owner Occupied CRE			Residential			Auto			Non-Auto			Total
Beginning balance, prior to adoption of ASC 326	$	7,341		$	9,533		$	10,392		$	3,900		$	1,297		$	52,499
Impact of adopting ASC 326		(91	)		(118	)		(129	)		(14	)		(5	)		(619	)
Initial allowance on acquired TB&T PCD loans		—			847			104			—			—			1,678
Provision for loan losses		1,573			2,635			2,456			(2,587	)		(717	)		16,048
Recoveries		131			17			151			269			171			2,242
Charge-offs		(563	)		(567	)		(373	)		(548	)		(375	)		(5,314	)
Ending balance	$	8,391		$	12,347		$	12,601		$	1,020		$	371		$	66,534

Additionally, the Company records a reserve for unfunded commitments in other liabilities which totaled $6,436,000 and $5,486,000 at December 31, 2021 and 2020, respectively. The $2,089,000 reversal in provision for loan losses in 2021 above is combined with the provision for unfunded commitments of $950,000 and reported in the aggregate under the provision for credit losses in the statement of earnings for the year ended December 31, 2021. The provision for loan losses above of $16,048,000 in 2020 is combined with the provision for unfunded commitments of $3,469,000 and reported in the aggregate under the provision for credit losses in the statement of earnings for the year ended December 31, 2020.

The Company’s loans that are individually evaluated for credit losses (both collateral and non-collateral dependent) and their related allowances as of December 31, 2021 and December 31, 2020, are summarized in the following table by loan segment (in thousands):

December 31, 2021	Collateral Dependent Loans Individually Evaluated for Credit Losses Without an Allowance		Collateral Dependent Loans Individually Evaluated for Credit Losses With an Allowance		Non-Collateral Dependent Loans Individually Evaluated for Credit Losses		Total Loans Individually Evaluated for Credit Losses		Related Allowance on Collateral Dependent Loans		Related Allowance on Non- Collateral Dependent Loans		Total Allowance for Credit Losses on Loans Individually Evaluated for Credit Losses
Commercial:
C&I	$	749	$	4,621	$	19,021	$	24,391	$	2,533	$	4,094	$	6,627
Municipal		—		—		109		109		—		—		—
Total Commercial		749		4,621		19,130		24,500		2,533		4,094		6,627
Agricultural		3,026		1,894		478		5,398		1,086		359		1,445
Real Estate:
Construction & Development		102		606		4,765		5,473		90		135		225
Farm		997		176		1,969		3,142		—		2		2
Non-Owner Occupied CRE		2,543		128		31,797		34,468		15		4,044		4,059
Owner Occupied CRE		6,548		1,349		40,607		48,504		152		3,329		3,481
Residential		5,990		2,370		29,210		37,570		307		1,719		2,026
Total Real Estate		16,180		4,629		108,348		129,157		564		9,229		9,793
Consumer:
Auto		—		514		1,161		1,675		1		3		4
Non-Auto		—		39		416		455		—		1		1
Total Consumer		—		553		1,577		2,130		1		4		5
Total	$	19,955	$	11,697	$	129,533	$	161,185	$	4,184	$	13,686	$	17,870

December 31, 2020	Collateral Dependent Loans Individually Evaluated for Credit Losses Without an Allowance		Collateral Dependent Loans Individually Evaluated for Credit Losses With an Allowance		Non-Collateral Dependent Loans Individually Evaluated for Credit Losses		Total Loans Individually Evaluated for Credit Losses		Related Allowance on Collateral Dependent Loans		Related Allowance on Non- Collateral Dependent Loans		Total Allowance for Credit Losses on Loans Individually Evaluated for Credit Losses
Commercial:
C&I	$	1,544	$	3,471	$	25,629	$	30,644	$	799	$	4,592	$	5,391
Municipal		—		—		9,439		9,439		—		1,435		1,435
Total Commercial		1,544		3,471		35,068		40,083		799		6,027		6,826
Agricultural		470		606		5,572		6,648		96		886		982
Real Estate:
Construction & Development		1,176		2,661		11,368		15,205		35		617		652
Farm		2,614		4,685		3,349		10,648		654		658		1,312
Non-Owner Occupied CRE		4,009		1,234		17,383		22,626		500		1,421		1,921
Owner Occupied CRE		7,279		3,518		51,933		62,730		657		5,172		5,829
Residential		4,347		4,504		28,196		37,047		676		2,431		3,107
Total Real Estate		19,425		16,602		112,229		148,256		2,522		10,299		12,821
Consumer:
Auto		—		407		1,523		1,930		1		5		6
Non-Auto		—		94		440		534		1		1		2
Total Consumer		—		501		1,963		2,464		2		6		8
Total	$	21,439	$	21,180	$	154,832	$	197,451	$	3,419	$	17,218	$	20,637

The Company’s allowance for loans that are individually evaluated for credit losses and collectively evaluated for credit losses as of December 31, 2021 and December 31, 2020, are summarized in the following table by loan segment (in thousands). Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

December 31, 2021	C&I		Municipal		Agricultural		Construction & Development		Farm
Loans individually evaluated for credit losses	$	6,627	$	—	$	1,445	$	225	$	2
Loans collectively evaluated for credit losses		5,653		348		152		17,402		661
Total	$	12,280	$	348	$	1,597	$	17,627	$	663

December 31, 2021 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	4,059	$	3,481	$	2,026	$	4	$	1	$	17,870
Loans collectively evaluated for credit losses		6,663		7,347		6,107		892		370		45,595
Total	$	10,722	$	10,828	$	8,133	$	896	$	371	$	63,465

December 31, 2020	C&I		Municipal		Agricultural		Construction & Development		Farm
Loans individually evaluated for credit losses	$	5,391	$	1,435	$	982	$	652	$	1,312
Loans collectively evaluated for credit losses		8,218		117		273		12,860		564
Total	$	13,609	$	1,552	$	1,255	$	13,512	$	1,876

December 31, 2020 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	1,921	$	5,829	$	3,107	$	6	$	2	$	20,637
Loans collectively evaluated for credit losses		6,470		6,518		9,494		1,014		369		45,897
Total	$	8,391	$	12,347	$	12,601	$	1,020	$	371	$	66,534

The Company’s recorded investment in loans as of December 31, 2021 and December 31, 2020, related to the balance in the allowance for credit losses follows below (in thousands).

December 31, 2021	C&I		Municipal		Agriculture		Construction & Development		Farm
Loans individually evaluated for credit losses	$	24,391	$	109	$	5,398	$	5,473	$	3,142
Loans collectively evaluated for credit losses		812,684		177,796		92,691		744,320		214,078
Total	$	837,075	$	177,905	$	98,089	$	749,793	$	217,220

December 31, 2021 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	34,468	$	48,504	$	37,570	$	1,675	$	455	$	161,185
Loans collectively evaluated for credit losses		588,966		773,149		1,296,849		403,741		123,513		5,227,787
Total	$	623,434	$	821,653	$	1,334,419	$	405,416	$	123,968	$	5,388,972

December 31, 2020	C&I		Municipal		Agriculture		Construction & Development		Farm
Loans individually evaluated for credit losses	$	30,644	$	9,439	$	6,648	$	15,205	$	10,648
Loans collectively evaluated for credit losses		1,100,738		171,886		88,216		538,754		141,589
Total	$	1,131,382	$	181,325	$	94,864	$	553,959	$	152,237

December 31, 2020 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	22,626	$	62,730	$	37,047	$	1,930	$	534	$	197,451
Loans collectively evaluated for credit losses		595,060		684,244		1,211,362		351,665		90,068		4,973,582
Total	$	617,686	$	746,974	$	1,248,409	$	353,595	$	90,602	$	5,171,033

From a credit risk standpoint, the Company rates its loans in one of five categories: (i) pass, (ii) special mention, (iii) substandard, (iv) doubtful or (v) loss (which are charged-off).

The ratings of loans reflect a judgment about the risks of default and loss associated with the loan. The Company reviews the ratings on our credits as part of our on-going monitoring of the credit quality of our loan portfolio. Ratings are adjusted to reflect the degree of risk and loss that are felt to be inherent in each credit as of each reporting period. Our methodology is structured so that specific allocations are increased in accordance with deterioration in credit quality (and a corresponding increase in risk and loss) or decreased in accordance with improvement in credit quality (and a corresponding decrease in risk and loss).

Credits rated special mention show clear signs of financial weaknesses or deterioration in credit worthiness, however, such concerns are not so pronounced that the Company generally expects to experience significant loss within the short-term. Such credits typically maintain the ability to perform within standard credit terms and credit exposure is not as prominent as credits rated more harshly.

Credits rated substandard are those in which the normal repayment of principal and interest may be, or has been, jeopardized by reason of adverse trends or developments of a financial, managerial, economic or political nature, or important weaknesses exist in collateral. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed.

Credits rated doubtful are those in which full collection of principal appears highly questionable, and which some degree of loss is anticipated, even though the ultimate amount of loss may not yet be certain and/or other factors exist which could affect collection of debt. Based upon available information, positive action by the Company is required to avert or minimize loss. Credits rated doubtful are generally also placed on nonaccrual.

The following tables summarize the Company’s internal ratings of its loans held-for-investment, including the year of origination, by portfolio segments, at December 31, 2021 (in millions):

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
C&I
Risk rating:
Pass	$	526	$	178	$	52	$	29	$	17	$	11	$	—	$	813
Special mention		4		1		4		—		—		—		—		9
Substandard		7		4		1		3		—		—		—		15
Doubtful		—		—		—		—		—		—		—		—
Total	$	537	$	183	$	57	$	32	$	17	$	11	$	—	$	837

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Municipal
Risk rating:
Pass	$	39	$	15	$	6	$	22	$	17	$	79	$	—	$	178
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Total	$	39	$	15	$	6	$	22	$	17	$	79	$	—	$	178

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Agricultural
Risk rating:
Pass	$	69	$	8	$	6	$	6	$	3	$	1	$	—	$	93
Special mention		—		—		—		—		—		—		—		—
Substandard		4		1		—		—		—		—		—		5
Doubtful		—		—		—		—		—		—		—		—
Total	$	73	$	9	$	6	$	6	$	3	$	1	$	—	$	98

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Construction & Development
Risk rating:
Pass	$	557	$	134	$	24	$	14	$	7	$	8	$	—	$	744
Special mention		2		—		—		—		—		—		—		2
Substandard		2		2		—		—		—		—		—		4
Doubtful		—		—		—		—		—		—		—		—
Total	$	561	$	136	$	24	$	14	$	7	$	8	$	—	$	750

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Farm
Risk rating:
Pass	$	117	$	42	$	15	$	10	$	7	$	23	$	—	$	214
Special mention		—		—		—		—		—		—		—		—
Substandard		1		1		—		1		—		—		—		3
Doubtful		—		—		—		—		—		—		—		—
Total	$	118	$	43	$	15	$	11	$	7	$	23	$	—	$	217

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Non-Owner Occupied CRE
Risk rating:
Pass	$	214	$	128	$	77	$	56	$	31	$	84	$	—	$	590
Special mention		—		1		12		0		7		3		—		23
Substandard		—		1		3		1		3		3		—		11
Doubtful		—		—		—		—		—		—		—		—
Total	$	214	$	130	$	92	$	57	$	41	$	90	$	—	$	624

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Owner Occupied CRE
Risk rating:
Pass	$	250	$	143	$	114	$	90	$	59	$	117	$	—	$	773
Special mention		2		2		1		—		1		1		—		7
Substandard		8		2		3		13		5		11		—		42
Doubtful		—		—		—		—		—		—		—		—
Total	$	260	$	147	$	118	$	103	$	65	$	129	$	—	$	822

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Residential
Risk rating:
Pass	$	477	$	230	$	115	$	84	$	68	$	222	$	100	$	1,296
Special mention		3		4		—		1		1		3		1		13
Substandard		3		3		3		2		2		10		2		25
Doubtful		—		—		—		—		—		—		—		—
Total	$	483	$	237	$	118	$	87	$	71	$	235	$	103	$	1,334

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Auto
Risk rating:
Pass	$	218	$	105	$	54	$	17	$	7	$	2	$	—	$	403
Special mention		1		—		—		—		—		—		—		1
Substandard		—		—		1		—		—		—		—		1
Doubtful		—		—		—		—		—		—		—		—
Total	$	219	$	105	$	55	$	17	$	7	$	2	$	—	$	405

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Non-Auto
Risk rating:
Pass	$	81	$	22	$	8	$	4	$	1	$	1	$	7	$	124
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Total	$	81	$	22	$	8	$	4	$	1	$	1	$	7	$	124

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Total Loans
Risk rating:
Pass	$	2,548	$	1,005	$	471	$	332	$	217	$	548	$	107	$	5,228
Special mention		12		8		17		1		9		7		1		55
Substandard		25		14		11		20		10		24		2		106
Doubtful		—		—		—		—		—		—		—		—
Total	$	2,585	$	1,027	$	499	$	353	$	236	$	579	$	110	$	5,389

The following tables summarize the Company’s internal ratings of its loans held-for-investment, including the year of origination by portfolio segments, at December 31, 2020 (in millions):

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
C&I
Risk rating:
Pass	$	874	$	101	$	70	$	28	$	10	$	16	$	—	$	1,099
Special mention		9		2		—		1		—		—		—		12
Substandard		12		4		4		—		—		—		—		20
Doubtful		—		—		—		—		—		—		—		—
Total	$	895	$	107	$	74	$	29	$	10	$	16	$	—	$	1,131

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Municipal
Risk rating:
Pass	$	26	$	19	$	29	$	14	$	13	$	71	$	—	$	172
Special mention		—		—		—		—		—		—		—		—
Substandard		2		—		—		5		1		1		—		9
Doubtful		—		—		—		—		—		—		—		—
Total	$	28	$	19	$	29	$	19	$	14	$	72	$	—	$	181

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Agricultural
Risk rating:
Pass	$	57	$	19	$	9	$	3	$	1	$	—	$	—	$	89
Special mention		—		—		—		—		—		—		—		—
Substandard		6		—		—		—		—		—		—		6
Doubtful		—		—		—		—		—		—		—		—
Total	$	63	$	19	$	9	$	3	$	1	$	—	$	—	$	95

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Construction & Development
Risk rating:
Pass	$	371	$	97	$	36	$	19	$	7	$	9	$	—	$	539
Special mention		2		4		—		—		—		—		—		6
Substandard		4		1		—		3		—		1		—		9
Doubtful		—		—		—		—		—		—		—		—
Total	$	377	$	102	$	36	$	22	$	7	$	10	$	—	$	554

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Farm
Risk rating:
Pass	$	57	$	22	$	18	$	11	$	11	$	23	$	—	$	142
Special mention		—		—		—		—		—		—		—		—
Substandard		7		1		—		1		—		1		—		10
Doubtful		—		—		—		—		—		—		—		—
Total	$	64	$	23	$	18	$	12	$	11	$	24	$	—	$	152

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Non-Owner Occupied CRE
Risk rating:
Pass	$	197	$	117	$	93	$	44	$	55	$	88	$	—	$	594
Special mention		1		—		1		8		1		—		—		11
Substandard		—		2		—		—		—		11		—		13
Doubtful		—		—		—		—		—		—		—		—
Total	$	198	$	119	$	94	$	52	$	56	$	99	$	—	$	618

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Owner Occupied CRE
Risk rating:
Pass	$	176	$	132	$	105	$	75	$	65	$	132	$	—	$	685
Special mention		5		5		2		4		1		1		—		18
Substandard		5		4		20		4		1		10		—		44
Doubtful		—		—		—		—		—		—		—		—
Total	$	186	$	141	$	127	$	83	$	67	$	143	$	—	$	747

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Residential
Risk rating:
Pass	$	373	$	172	$	134	$	101	$	101	$	237	$	93	$	1,211
Special mention		3		1		1		1		1		3		—		10
Substandard		5		3		3		3		1		10		2		27
Doubtful		—		—		—		—		—		—		—		—
Total	$	381	$	176	$	138	$	105	$	103	$	250	$	95	$	1,248

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Auto
Risk rating:
Pass	$	177	$	104	$	39	$	21	$	9	$	2	$	—	$	352
Special mention		—		—		—		—		—		—		—		—
Substandard		1		1		—		—		—		—		—		2
Doubtful		—		—		—		—		—		—		—		—
Total	$	178	$	105	$	39	$	21	$	9	$	2	$	—	$	354

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Non-Auto
Risk rating:
Pass	$	48	$	21	$	7	$	4	$	1	$	2	$	7	$	90
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		1		—		1
Doubtful		—		—		—		—		—		—		—		—
Total	$	48	$	21	$	7	$	4	$	1	$	3	$	7	$	91

December 31,	2020		2019		2018		2017		2016		Prior		Revolving Loans Amort Cost Basis		Total
Total Loans
Risk rating:
Pass	$	2,356	$	804	$	540	$	320	$	273	$	580	$	100	$	4,973
Special mention		20		12		4		14		3		4		—		57
Substandard		42		16		27		16		3		35		2		141
Doubtful		—		—		—		—		—		—		—		—
Total	$	2,418	$	832	$	571	$	350	$	279	$	619	$	102	$	5,171

At December 31, 2021 and 2020, the Company’s past due loans are as follows (in thousands):

December 31, 2021	15-59 Days Past Due*		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans		90 Days Past Due Still Accruing
Commercial:
C&I	$	3,638	$	34	$	222	$	3,894	$	833,181	$	837,075	$	5
Municipal		63		—		—		63		177,842		177,905		—
Total Commercial		3,701		34		222		3,957		1,011,023		1,014,980		5
Agricultural		181		—		—		181		97,908		98,089		—
Real Estate:
Construction & Development		2,953		39		—		2,992		746,801		749,793		—
Farm		600		215		—		815		216,405		217,220		—
Non-Owner Occupied CRE		235		—		—		235		623,199		623,434		—
Owner Occupied CRE		813		—		280		1,093		820,560		821,653		—
Residential		4,984		327		410		5,721		1,328,698		1,334,419		—
Total Real Estate		9,585		581		690		10,856		3,735,663		3,746,519		—
Consumer:
Auto		393		26		—		419		404,997		405,416		—
Non-Auto		145		24		3		172		123,796		123,968		3
Total Consumer		538		50		3		591		528,793		529,384		3
Total	$	14,005	$	665	$	915	$	15,585	$	5,373,387	$	5,388,972	$	8

December 31, 2020	15-59 Days Past Due*		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans		90 Days Past Due Still Accruing
Commercial:
C&I	$	3,647	$	406	$	576	$	4,629	$	1,126,753	$	1,131,382	$	21
Municipal		—		—		—		—		181,325		181,325		—
Total Commercial		3,647		406		576		4,629		1,308,078		1,312,707		21
Agricultural		193		95		—		288		94,576		94,864		—
Real Estate:
Construction & Development		4,775		44		—		4,819		549,140		553,959		—
Farm		708		—		—		708		151,529		152,237		—
Non-Owner Occupied CRE		613		—		—		613		617,073		617,686		—
Owner Occupied CRE		1,393		322		133		1,848		745,126		746,974		—
Residential		8,072		18		275		8,365		1,240,044		1,248,409		33
Total Real Estate		15,561		384		408		16,353		3,302,912		3,319,265		33
Consumer:
Auto		551		158		75		784		352,811		353,595		59
Non-Auto		214		24		—		238		90,364		90,602		—
Total Consumer		765		182		75		1,022		443,175		444,197		59
Total	$	20,166	$	1,067	$	1,059	$	22,292	$	5,148,741	$	5,171,033	$	113

* The Company monitors commercial, agricultural and real estate loans after such loans are 15 days past due. Consumer loans are monitored after such loans are 30 days past due.

The restructuring of a loan is considered a “troubled debt restructuring” if both the borrower is experiencing financial difficulties and the creditor has granted a concession. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules, reductions in collateral and other actions intended to minimize potential losses.

The Company’s loans that were modified in the years ended December 31, 2021 and 2020, and considered troubled debt restructurings are as follows (in thousands):

	Year Ended December 31, 2021						Year Ended December 31, 2020
			Pre- Modification		Post- Modification				Pre- Modification		Post- Modification
			Recorded		Recorded				Recorded		Recorded
	Number		Investment		Investment		Number		Investment		Investment
Commercial:
C&I		4	$	361	$	361		11	$	1,151	$	1,151
Municipal		—		—		—		—		—		—
Total Commercial		4		361		361		11		1,151		1,151
Agricultural		4		3,988		3,988		1		134		134
Real Estate:
Construction & Development		1		200		200		1		81		81
Farm		—		—		—		—		—		—
Non-Owner Occupied CRE		—		—		—		—		—		—
Owner Occupied CRE		3		1,047		1,047		3		3,508		3,508
Residential		5		519		519		2		152		152
Total Real Estate		9		1,766		1,766		6		3,741		3,741
Consumer:
Auto		2		51		51		—		—		—
Non-Auto		1		9		9		1		14		14
Total Consumer		3		60		60		1		14		14
Total		20	$	6,175	$	6,175		19	$	5,040	$	5,040

The balances below provide information as to how the loans were modified as troubled debt restructured loans during the years ended December 31, 2021 and 2020 (in thousands):

	Year Ended December 31, 2021						Year Ended December 31, 2020
	Adjusted				Combined		Adjusted				Combined
	Interest		Extended		Rate and		Interest		Extended		Rate and
	Rate		Maturity		Maturity		Rate		Maturity		Maturity
Commercial:
C&I	$	—	$	212	$	149	$	—	$	918	$	233
Municipal		—		—		—		—		—		—
Total Commercial		—		212		149		—		918		233
Agricultural		—		68		3,920		—		134		—
Real Estate:
Construction & Development		—		200		—		—		—		81
Farm		—		—		—		—		—		—
Non-Owner Occupied CRE		—		—		—		—		—		—
Owner Occupied CRE		—		—		1,047		—		1,546		1,962
Residential		—		262		257		—		—		152
Total Real Estate		—		462		1,304		—		1,546		2,195
Consumer:
Auto		—		—		51		—		—		—
Non-Auto		—		—		9		—		14		—
Total Consumer		—		—		60		—		14		—
Total	$	—	$	742	$	5,433	$	—	$	2,612	$	2,428

During the year ended December 31, 2021, one residential real estate loan totaling $459,000 was modified as a troubled debt restructured loan within the previous 12 months and for which there was a payment default. During the year ended December 31, 2020, no loans were modified as a troubled debt restructured loan within the previous 12 months and for which there was a payment default. A default for purposes of this disclosure is a troubled debt restructured loan in which the borrower is 90 days past or more due or results in the foreclosure and repossession of the applicable collateral. As of December 31, 2021, the Company has no commitments to lend additional funds to loan customers whose terms have been modified in troubled debt restructurings.

An analysis of the changes in loans to officers, directors, principal shareholders, or associates of such persons for the year ended December 31, 2021 (determined as of each respective year-end) follows (in thousands):

	Beginning Balance		Additional Loans		Payments		Ending Balance
Year ended December 31, 2021	$	90,964	$	220,711	$	174,148	$	137,527

In the opinion of management, those loans are on substantially the same terms, including interest rates and collateral requirements, as those prevailing at the time for comparable transactions with unaffiliated persons.