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Loans (Tables)
 12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Loan Portfolio Segments and Classes
The table below identifies the Company's loan portfolio segments and classes.
Portfolio SegmentClass of Financing Receivable
CommercialOwner occupied real estate
Non–owner occupied real estate
Residential spec homes
Development & spec land
Commercial & industrial
Real estateResidential mortgage
Residential construction
Mortgage warehouseMortgage warehouse
ConsumerDirect installment
Indirect installment
Home equity
Loans Outstanding by Portfolio Class
The following table presents total loans outstanding by portfolio class, as of December 31, 2020.
December 31,
2020
Commercial
Owner occupied real estate$496,306 
Non–owner occupied real estate999,636 
Residential spec homes10,070 
Development & spec land26,372 
Commercial and industrial659,887 
Total commercial2,192,271 
Real estate
Residential mortgage598,700 
Residential construction25,586 
Mortgage warehouse395,626 
Total real estate1,019,912 
Consumer
Direct installment38,046 
Indirect installment357,511 
Home equity259,643 
Total consumer655,200 
Total loans3,867,383 
Allowance for credit losses(57,027)
Net loans$3,810,356 
Amounts of Loans
The following table presents total loans outstanding, as of December 31, 2019.
December 31,
2019
Commercial
Working capital and equipment$938,317 
Real estate, including agriculture978,891 
Tax exempt63,571 
Other65,872 
Total commercial2,046,651 
Real estate
1-4 family762,571 
Other8,146 
Total real estate770,717 
Consumer
Auto362,729 
Recreation16,262 
Real estate/home improvement43,585 
Home equity237,979 
Unsecured7,286 
Other1,339 
Total consumer669,180 
Mortgage warehouse150,293 
Total loans3,636,841 
Allowance for loan losses(17,667)
Loans, net$3,619,174 
Non-accrual, Loans Past Due Over 90 Days Still on Accrual, and Troubled Debt Restructured ("TDRs") by Class of Loans
The following table presents non–accrual loans, loans past due over 90 days still on accrual, and troubled debt restructured loans by class of loans:

December 31, 2020
Non–accrualLoans Past
Due Over 90
Days Still
Accruing		Non–performing
TDRs		Performing
TDRs		Total
Non–performing
Loans		Non–performing Loans with no Allowance for Credit Losses
Commercial
Owner occupied real estate$10,581 $— $630 $168 $11,379 $6,305 
Non–owner occupied real estate237 — 330 — 567 567 
Residential spec homes— — — — — — 
Development & spec land70 — — — 70 70 
Commercial and industrial1,826 — 506 — 2,332 1,847 
Total commercial12,714 — 1,466 168 14,348 8,789 
Real estate
Residential mortgage5,674 17 922 1,381 7,994 7,097 
Residential construction— — — — — — 
Mortgage warehouse— — — — — — 
Total real estate5,674 17 922 1,381 7,994 7,097 
Consumer
Direct installment12 1 — — 13 13 
Indirect installment1,174 120 — — 1,294 1,294 
Home equity2,568 124 222 244 3,158 2,628 
Total consumer3,754 245 222 244 4,465 3,935 
Total$22,142 $262 $2,610 $1,793 $26,807 $19,821 
December 31, 2019
Non–accrualLoans Past
Due Over 90
Days Still
Accruing		Non–performing
TDRs		Performing
TDRs		Total
Non–performing
Loans		Non–performing Loans with no Allowance for Credit Losses
Commercial
Owner occupied real estate$2,424 $— $629 $139 3,192 $2,563 
Non–owner occupied real estate682 — 374 — 1,056 937 
Residential spec homes— — — — — — 
Development & spec land73 — — — 73 73 
Commercial and industrial1,603 — 78 1,345 3,026 514 
Total commercial4,782 — 1,081 1,484 7,347 4,087 
Real estate
Residential mortgage7,614 1 708 1,561 9,884 8,322 
Residential construction— — — — — — 
Mortgage warehouse— — — — — — 
Total real estate7,614 1 708 1,561 9,884 8,322 
Consumer
Direct installment30 5 — — 35 30 
Indirect installment1,234 135 — — 1,369 1,234 
Home equity2,019 5 217 309 2,550 2,236 
Total consumer3,283 145 217 309 3,954 3,500 
Total$15,679 $146 $2,006 $3,354 $21,185 $15,909 
Payment Status by Class of Loan
The following table presents the payment status by class of loan, excluding non–accrual loans of $22.1 million and non–performing TDRs of $2.6 million at December 31, 2020:
December 31, 2020
Current30–59 Days
Past Due		60–89 Days
Past Due		90 Days or
Greater
Past Due		Total Past DueTotal Loans
Commercial
Owner occupied real estate$484,282 $683 130 — $813 $485,095 
Non–owner occupied real estate997,816 599 654 — 1,253 999,069 
Residential spec homes10,070 — — — — 10,070 
Development & spec land25,552 — 750 — 750 26,302 
Commercial and industrial657,027 249 279 — 528 657,555 
Total commercial2,174,747 1,531 1,813 — 3,344 2,178,091 
Real estate
Residential mortgage590,944 905 238 17 1,160 592,104 
Residential construction25,586 — — — — 25,586 
Mortgage warehouse395,626 — — — — 395,626 
Total real estate1,012,156 905 238 17 1,160 1,013,316 
Consumer
Direct installment37,965 69 — — 69 38,034 
Indirect installment354,655 1,356 206 120 1,682 356,337 
Home equity255,908 554 266 125 945 256,853 
Total consumer648,528 1,979 472 245 2,696 651,224 
Total$3,835,431 $4,415 $2,523 $262 $7,200 $3,842,631 
Percentage of total loans99.81 %0.11 %0.07 %0.01 %0.19 %100.00 %
The following table presents the payment status by class of loans at December 31, 2019:
December 31, 2019
Current30–59 Days
Past Due		60–89 Days
Past Due		90 Days or
Greater
Past Due		Non–accrual
&
Non–performing
TDRs		Total Past Due
&
Non–accrual
Loans		Total
Commercial
Owner occupied real estate$515,604 $920 $— $— $3,053 $3,973 $519,577 
Non–owner occupied real estate972,195 80 — — 1,056 1,136 973,331 
Residential spec homes12,925 — — — — — 12,925 
Development & spec land35,881 — — — 73 73 35,954 
Commercial and industrial503,348 819 11 — 1,681 2,511 505,859 
Total commercial2,039,953 1,819 11 — 5,863 7,693 2,047,646 
Real estate
Residential mortgage740,712 1,984 — 1 8,322 10,307 751,019 
Residential construction19,686 — — — — — 19,686 
Mortgage warehouse150,293 — — — — — 150,293 
Total real estate910,691 1,984 — 1 8,322 10,307 920,998 
Consumer
Direct installment40,864 175 5 5 30 215 41,079 
Indirect installment344,478 2,407 404 135 1,234 4,180 348,658 
Home equity273,050 904 20 5 2,236 3,165 276,215 
Total consumer658,392 3,486 429 145 3,500 7,560 665,952 
Total$3,609,036 $7,289 $440 $146 $17,685 $25,560 $3,634,596 
Percentage of total loans99.30 %0.20 %0.01 %— %0.49 %0.70 %100.00 %
Schedule of TDRs by Loan Portfolio
The following table presents TDRs by loan portfolio:

December 31, 2020December 31, 2019
Non–accrualAccruingTotalNon-accrualAccruingTotal
Commercial
Owner occupied real estate$630 $168 $798 $629 $139 $768 
Non–owner occupied real estate330 — 330 374 — 374 
Residential spec homes— — — — — — 
Development & spec land— — — — — — 
Commercial and industrial506 — 506 78 1,345 1,423 
Total commercial1,466 168 1,634 1,081 1,484 2,565 
Real estate
Residential mortgage922 1,381 2,303 708 1,561 2,269 
Residential construction— — — — — — 
Mortgage warehouse— — — — — — 
Total real estate922 1,381 2,303 708 1,561 2,269 
Consumer
Direct installment— — — — — — 
Indirect installment— — — — — — 
Home equity222 244 466 217 309 526 
Total consumer222 244 466 217 309 526 
Total$2,610 $1,793 $4,403 $2,006 $3,354 $5,360 
Allowance for Credit Loss Allocated for Collateral Dependent Loans
The table below presents the amortized cost basis and ACL allocated for collateral dependent loans in accordance with ASC326, which are individually evaluated to determine expected credit losses as of December 31, 2020.

Real EstateAccounts Receivable/EquipmentOtherTotalACL Allocation
Commercial
Owner occupied real estate$11,309 $114 $— $11,423 $1,605 
Non–owner occupied real estate1,032 — — 1,032 — 
Development & spec land70 — — 70 — 
Commercial and industrial2,245 210 — 2,455 252 
Total commercial14,656 324 — 14,980 1,857 
Total collateral dependent loans$14,656 $324 $— $14,980 $1,857 
Loans by Credit Grades
The following tables present loans by credit grades and origination year at December 31, 2020.
December 31, 202020202019201820172016PriorRevolving
Loans		Total
Commercial
Owner occupied real estate
Pass$57,726 $65,558 $49,455 $49,032 $47,480 $127,373 $40,027 $436,651 
Special Mention— 1,081 5,928 10,205 4,207 12,787 325 34,533 
Substandard1,021 1,231 4,012 2,504 2,839 9,673 3,842 25,122 
Doubtful— — — — — — — — 
Total owner occupied real estate$58,747 $67,870 $59,395 $61,741 $54,526 $149,833 $44,194 $496,306 
Non–owner occupied real estate
Pass$115,667 $120,023 $73,669 $133,396 $99,674 $208,649 $166,986 $918,064 
Special Mention862 1,236 28,723 1,298 2,548 13,182 4,072 51,921 
Substandard— 15,552 1,477 107 6,422 4,521 1,572 29,651 
Doubtful— — — — — — — — 
Total non–owner occupied real estate$116,529 $136,811 $103,869 $134,801 $108,644 $226,352 $172,630 $999,636 
Residential spec homes
Pass$737 $237 $— $298 $368 $1,177 $7,253 $10,070 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total residential spec homes$737 $237 $— $298 $368 $1,177 $7,253 $10,070 
Development & spec land
Pass$573 $736 $1,522 $2,461 $672 $11,971 $6,907 $24,842 
Special Mention— — — — — 274 — 274 
Substandard— — — — — 506 750 1,256 
Doubtful— — — — — — — — 
Total development & spec land$573 $736 $1,522 $2,461 $672 $12,751 $7,657 $26,372 
Commercial & industrial
Pass$253,953 $63,772 $58,978 $88,121 $26,044 $70,706 $30,845 $592,419 
Special Mention8,779 1,164 1,088 9,306 1,835 11,870 3,040 37,082 
Substandard4,233 7,079 11,072 1,660 636 3,322 2,384 30,386 
Doubtful— — — — — — — — 
Total commercial & industrial266,965 72,015 71,138 99,087 28,515 85,898 36,269 659,887 
Total commercial$443,551 $277,669 $235,924 $298,388 $192,725 $476,011 $268,003 $2,192,271 
December 31, 202020202019201820172016PriorRevolving
Loans		Total
Real estate
Residential mortgage
Performing$109,487 $68,556 $86,572 $89,051 $65,718 $171,322 $— $590,706 
Non–performing— 296 636 39 300 6,723 — 7,994 
Total residential mortgage$109,487 $68,852 $87,208 $89,090 $66,018 $178,045 $— $598,700 
Residential construction
Performing$— $— $— $— $— $— $25,586 $25,586 
Non–performing— — — — — — — — 
Total residential construction$— $— $— $— $— $— $25,586 $25,586 
Mortgage warehouse
Performing$— $— $— $— $— $— $395,626 $395,626 
Non–performing— — — — — — — — 
Total mortgage warehouse— — — — — — 395,626 395,626 
Total real estate$109,487 $68,852 $87,208 $89,090 $66,018 $178,045 $421,212 $1,019,912 

December 31, 202020202019201820172016PriorRevolving
Loans		Total
Consumer
Direct installment
Performing$12,552 $9,552 $5,828 $5,946 $2,124 $2,019 $12 $38,033 
Non–performing— — — 5 3 5 — 13 
Total direct installment$12,552 $9,552 $5,828 $5,951 $2,127 $2,024 $12 $38,046 
Indirect installment
Performing$134,394 $97,408 $74,215 $36,763 $8,636 $4,801 $— $356,217 
Non–performing84 223 392 361 80 154 — 1,294 
Total indirect installment$134,478 $97,631 $74,607 $37,124 $8,716 $4,955 $— $357,511 
Home equity
Performing$63,946 $42,762 $34,807 $27,553 $22,450 $59,503 $5,464 $256,485 
Non–performing— 9 111 74 121 1,237 1,606 3,158 
Total home equity63,946 42,771 34,918 27,627 22,571 60,740 7,070 259,643 
Total consumer$210,976 $149,954 $115,353 $70,702 $33,414 $67,719 $7,082 $655,200 
The following table presents loans by credit grades at December 31, 2019.
December 31, 2019
PassSpecial
Mention		SubstandardDoubtfulTotal
Commercial
Owner occupied real estate$492,386 $8,328 $18,863 $— $519,577 
Non–owner occupied real estate957,990 7,824 7,517 — 973,331 
Residential spec homes12,925 — — — 12,925 
Development & spec land35,815 — 139 — 35,954 
Commercial and industrial468,893 18,652 18,314 — 505,859 
Total commercial1,968,009 34,804 44,833 — 2,047,646 
Real estate
Residential mortgage741,136 — 9,883 — 751,019 
Residential construction19,686 — — — 19,686 
Mortgage warehouse150,293 — — — 150,293 
Total real estate911,115 — 9,883 — 920,998 
Consumer
Direct installment41,044 — 35 — 41,079 
Indirect installment347,289 — 1,369 — 348,658 
Home equity273,665 — 2,550 — 276,215 
Total consumer661,998 — 3,954 — 665,952 
Total$3,541,122 $34,804 $58,670 $— $3,634,596 
Percentage of total loans97.43 %0.96 %1.61 %0.00 %100.00 %
Carrying Amounts of Loans
The carrying amounts of those loans included in the balance sheet amounts of loans receivable as of December 31, 2019 are as follows:
December 31, 2019
CommercialReal
Estate		ConsumerOutstanding
Balance		Allowance
for Loan
Losses		Carrying
Amount
Heartland$197 $99 $— $296 $— $296 
Summit88 473 — 561 — 561 
Peoples229 35 — 264 — 264 
Kosciusko244 131 — 375 — 375 
LaPorte353 793 20 1,166 — 1,166 
Lafayette1,867 — — 1,867 — 1,867 
Wolverine2,289 — — $2,289 — 2,289 
Salin4,938 1,912 962 7,812 133 7,679 
Total$10,205 $3,443 $982 $14,630 $133 $14,497 
Accretable Yield or Income Expected to be Collected
Accretable yield, or income expected to be collected for the year ended December 31, 2019 are as follows:
Twelve Months Ended December 31, 2019
Beginning
balance		AdditionsAccretionReclassification
from
nonaccretable
difference		DisposalsEnding
balance
Heartland$174 — $(32)— $— $142 
Summit42 — (9)— (11)22 
Kosciusko300 — (63)— (2)235 
LaPorte829 — (111)— 4 722 
Lafayette609 — (126)— (193)290 
Wolverine698 — (272)— (306)120 
Salin— 2,002 (590)— (37)1,375 
Total$2,652 $2,002 $(1,203)$— $(545)$2,906 
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment, and based on impairment analysis as of December 31, 2019 :
December 31, 2019
CommercialReal
Estate		Mortgage
Warehousing		ConsumerTotal
Allowance For Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment$541 $— $— $— $541 
Collectively evaluated for impairment11,455 923 1,077 3,671 17,126 
Loans acquired with deteriorated credit quality— — — — — 
Total ending allowance balance$11,996 $923 $1,077 $3,671 $17,667 
Loans:
Individually evaluated for impairment$7,347 $— $— $— $7,347 
Collectively evaluated for impairment2,040,299 770,705 150,293 665,952 3,627,249 
Loans acquired with deteriorated credit quality— — — — — 
Total ending loans balance$2,047,646 $770,705 $150,293 $665,952 $3,634,596 
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment, and based on impairment analysis as of December 31, 2019 :
December 31, 2019
CommercialReal
Estate		Mortgage
Warehousing		ConsumerTotal
Allowance For Loan Losses
Ending allowance balance attributable to loans:
Individually evaluated for impairment$541 $— $— $— $541 
Collectively evaluated for impairment11,455 923 1,077 3,671 17,126 
Loans acquired with deteriorated credit quality— — — — — 
Total ending allowance balance$11,996 $923 $1,077 $3,671 $17,667 
Loans:
Individually evaluated for impairment$7,347 $— $— $— $7,347 
Collectively evaluated for impairment2,040,299 770,705 150,293 665,952 3,627,249 
Loans acquired with deteriorated credit quality— — — — — 
Total ending loans balance$2,047,646 $770,705 $150,293 $665,952 $3,634,596 
Schedule of Collateral Dependent Loans by Loan Class
The following table presents commercial loans individually evaluated for impairment by class of loans:
December 31, 2019
Twelve Months Ended
Unpaid
Principal
Balance		Recorded
Investment		Allowance for
Loan Loss
Allocated		Average
Balance in
Impaired
Loans		Cash/Accrual
Interest
Income
Recognized
With no recorded allowance
Commercial
Owner occupied real estate$3,192 $3,193 $— $3,608 $246 
Non-owner occupied real estate937 937 — 2,810 98 
Residential spec homes— — — — — 
Development & spec land73 73 — 158 — 
Commercial and industrial1,859 1,861 — 2,464 100 
Total commercial6,061 6,064 — 9,040 444 
With an allowance recorded
Commercial
Owner occupied real estate— — — — — 
Non-owner occupied real estate119 119 25 130 — 
Residential spec homes— — — — — 
Development & spec land— — — — — 
Commercial and industrial1,167 1,168 516 1,225 46 
Total commercial1,286 1,287 541 1,355 46 
Total$7,347 $7,351 $541 $10,395 $490 
December 31, 2018
Twelve Months Ended
Average
Balance in
Impaired
Loans		Cash/Accrual
Interest
Income
Recognized
With no recorded allowance
Commercial
Owner occupied real estate$3,168 $77 
Non–owner occupied real estate1,096 12 
Residential spec homes— — 
Development & spec land71 — 
Commercial and industrial1,119 21 
Total commercial5,454 110 
With an allowance recorded
Commercial
Owner occupied real estate864 — 
Non–owner occupied real estate180 4 
Residential spec homes— — 
Development & spec land— — 
Commercial and industrial870 14 
Total commercial1,914 18 
Total$7,368 $128