The table below identifies the Company’s loan portfolio segments and classes.


Portfolio Segment						Class of Financing Receivable
Commercial						Owner occupied real estate
						Non-owner occupied real estate
						Residential spec homes
						Development & spec land
						Commercial and industrial
Real estate						Residential mortgage
						Residential construction
Mortgage warehouse						Mortgage warehouse
Consumer						Direct installment
						Indirect installment
						Home equity

Portfolio segment is defined as a level at which an entity develops and documents a systematic methodology to determine its allowance for credit losses. Class of financing receivable is defined as a group of financing receivables determined on the basis of both of the following, 1) risk characteristics of the financing receivable, and 2) an entity’s method for monitoring and assessing credit risk. Generally, the Bank does not move loans from a revolving loan to a term loan other than construction loans. Construction loans are reviewed and rewritten prior to being originated as a term loan.


	March 31, 2022		December 31, 2021
Commercial
Owner occupied real estate	$	573,669	$	560,887
Non–owner occupied real estate	1,113,198		1,088,470
Residential spec homes	11,115		9,907
Development & spec land	24,225		24,473
Commercial and industrial	537,120		530,208
Total commercial	2,259,327		2,213,945
Real estate
Residential mortgage	558,194		563,811
Residential construction	35,178		30,571
Mortgage warehouse	105,118		109,031
Total real estate	698,490		703,413
Consumer
Direct installment	60,578		63,714
Indirect installment	395,450		372,575
Home equity	297,872		290,970
Total consumer	753,900		727,259
Total loans	3,711,717		3,644,617
Allowance for credit losses	(52,508)		(54,286)
Net loans	$	3,659,209	$	3,590,331

Commercial loans are primarily based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not be as expected, and the collateral securing these loans may fluctuate in value. Most commercial loans are secured by the assets being financed or other business assets such as accounts receivable or inventory and may incorporate a personal guarantee; however, some short–term loans may be made on an unsecured basis. In the case of loans secured by accounts receivable, the availability of funds for the repayment of these loans may be substantially dependent on the ability of the borrower to collect amounts due from its customers.

Commercial real estate loans are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Commercial real estate lending typically involves larger loan principal amounts and the repayment of these loans is generally dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Commercial real estate loans may be more adversely affected by conditions in the real estate markets, the general economy or fluctuations in interest rates. The properties securing the Company's commercial real estate portfolio are diverse in terms of property type, and are monitored for concentrations of credit. Management monitors and evaluates commercial real estate loans based on collateral, cash flow and risk grade criteria. As a general rule, the Company avoids financing single purpose projects unless other underwriting factors are present to help mitigate risk. In addition, management tracks the level of owner–occupied commercial real estate loans versus non–owner occupied loans.

With respect to residential loans that are secured by 1–4 family residences and are generally owner occupied, the Company generally establishes a maximum loan–to–value ratio and requires private mortgage insurance if that ratio is exceeded. Home equity loans are typically secured by a subordinate interest in 1–4 family residences, and consumer loans are secured by consumer assets such as automobiles or recreational vehicles. Some consumer loans are unsecured such as small installment loans and certain lines of credit. Repayment of these loans is primarily dependent on the personal income of the borrowers, which can be impacted by economic conditions in their market areas such as unemployment levels. Repayment can also be impacted by changes in property values on residential properties. Risk is mitigated by the fact that the loans are of smaller individual amounts and spread over a large number of borrowers.

Horizon's mortgage warehouse lending has specific mortgage companies as customers of Horizon Bank. Individual mortgage loans originated by these mortgage companies are funded as a secured borrowing with a pledge of collateral under Horizon's agreement with the mortgage company. Each mortgage loan funded by Horizon undergoes an underwriting review by Horizon to the end investor guidelines and is assigned to Horizon until the loan is sold to the secondary market by the mortgage company. In addition, Horizon takes possession of each original note and forwards such note to the end investor once the mortgage company has sold the loan. At the time a loan is transferred to the secondary market, the mortgage company reacquires the loan under its option within the agreement. Due to the reacquire feature contained in the agreement, the transaction does not qualify as a sale and therefore is accounted for as a secured borrowing with a pledge of collateral pursuant to the agreement with the mortgage company. When the individual loan is sold to the end investor by the mortgage company, the proceeds from the sale of the loan are received by Horizon and used to pay off the loan balance with Horizon along with any accrued interest and any related fees. The remaining balance from the sale is forwarded to the mortgage company. These individual loans typically are sold by the mortgage company within 30 days and are seldom held more than 90 days. Interest income is accrued during this period and collected at the time each loan is sold. Fee income for each loan sold is collected when the loan is sold, and no costs are deferred due to the term between each loan funding and related payoff, which is typically less than 30 days.

Based on these agreements with each mortgage company, at any time a mortgage company can reacquire from Horizon its outstanding loan balance on an individual mortgage and regain possession of the original note. Horizon also has the option to request that the mortgage company reacquire an individual mortgage. Should this occur, Horizon would return the original note and reassign the assignment of the mortgage to the mortgage company. Also, in the event that the end investor would not be able to honor the purchase commitment and the mortgage company would not be able to reacquire its loan on an individual mortgage, Horizon would be able to exercise its rights under the agreement.


	March 31, 2022
	Non–accrual		Loans Past Due Over 90 Days Still Accruing		Non–performing TDRs		Performing TDRs		Total Non–performing Loans		Non–performing with no Allowance for Credit Losses
Commercial
Owner occupied real estate	$	4,188	$	—	$	—	$	568	$	4,756	$	2,702
Non–owner occupied real estate	635		—		281		—		916		535
Residential spec homes	—		—		—		—		—		—
Development & spec land	815		—		—		—		815		65
Commercial and industrial	1,357		—		—		—		1,357		556
Total commercial	6,995		—		281		568		7,844		3,858
Real estate
Residential mortgage	6,264		—		880		1,440		8,584		8,584
Residential construction	—		—		—		—		—		—
Mortgage warehouse	—		—		—		—		—		—
Total real estate	6,264		—		880		1,440		8,584		8,584
Consumer
Direct installment	74		4		—		—		78		78
Indirect installment	516		102		—		—		618		618
Home equity	2,284		1		340		364		2,989		2,989
Total consumer	2,874		107		340		364		3,685		3,685
Total	$	16,133	$	107	$	1,501	$	2,372	$	20,113	$	16,127


	December 31, 2021
	Non–accrual		Loans Past Due Over 90 Days Still Accruing		Non–performing TDRs		Performing TDRs		Total Non–performing Loans		Non–performing with no Allowance for Credit Losses
Commercial
Owner occupied real estate	$	4,247	$	—	$	—	$	603	$	4,850	$	2,796
Non–owner occupied real estate	761		—		285		—		1,046		1,046
Residential spec homes	—		—		—		—		—		—
Development & spec land	919		—		—		—		919		919
Commercial and industrial	694		—		—		—		694		456
Total commercial	6,621		—		285		603		7,509		5,217
Real estate
Residential mortgage	5,626		66		892		1,421		8,005		8,005
Residential construction	—		—		—		—		—		—
Mortgage warehouse	—		—		—		—		—		—
Total real estate	5,626		66		892		1,421		8,005		8,005
Consumer
Direct installment	7		—		—		—		7		7
Indirect installment	538		15		—		—		553		553
Home equity	2,170		64		344		367		2,945		2,945
Total consumer	2,715		79		344		367		3,505		3,505
Total	$	14,962	$	145	$	1,521	$	2,391	$	19,019	$	16,727

There was no interest income recognized on non–accrual loans during the three months ended March 31, 2022 and 2021, respectively, while the loans were in non–accrual status. Included in the $16.1 million of non–accrual loans and the $1.5 million of non–performing TDRs at March 31, 2022 were $6.0 million and $1.5 million, respectively, of loans acquired for which there were accretable yields recognized.


	March 31, 2022
	Current		30–59 Days Past Due		60–89 Days Past Due		90 Days or Greater Past Due		Total Past Due Loans		Total Loans
Commercial
Owner occupied real estate	$	568,801	$	680	$	—	$	—	$	680	$	569,481
Non–owner occupied real estate	1,112,170		112		—		—		112		1,112,282
Residential spec homes	11,115		—		—		—		—		11,115
Development & spec land	23,410		—		—		—		—		23,410
Commercial and industrial	535,198		565		—		—		565		535,763
Total commercial	2,250,694		1,357		—		—		1,357		2,252,051
Real estate
Residential mortgage	549,343		1,421		286		—		1,707		551,050
Residential construction	35,178		—		—		—		—		35,178
Mortgage warehouse	105,118		—		—		—		—		105,118
Total real estate	689,639		1,421		286		—		1,707		691,346
Consumer
Direct installment	60,359		119		22		4		145		60,504
Indirect installment	392,260		2,162		410		102		2,674		394,934
Home equity	294,666		493		88		1		582		295,248
Total consumer	747,285		2,774		520		107		3,401		750,686
Total	$	3,687,618	$	5,552	$	806	$	107	$	6,465	$	3,694,083


	December 31, 2021
	Current		30–59 Days Past Due		60–89 Days Past Due		90 Days or Greater Past Due		Total Past Due Loans		Total
Commercial
Owner occupied real estate	$	555,851	$	789	$	—	$	—	$	789	$	556,640
Non–owner occupied real estate	1,085,716		1,708		—		—		1,708		1,087,424
Residential spec homes	9,907		—		—		—		—		9,907
Development & spec land	23,496		58		—		—		58		23,554
Commercial and industrial	528,461		974		79		—		1,053		529,514
Total commercial	2,203,431		3,529		79		—		3,608		2,207,039
Real estate
Residential mortgage	556,128		834		265		66		1,165		557,293
Residential construction	30,571		—		—		—		—		30,571
Mortgage warehouse	109,031		—		—		—		—		109,031
Total real estate	695,730		834		265		66		1,165		696,895
Consumer
Direct installment	63,295		409		3		—		412		63,707
Indirect installment	369,615		2,271		136		15		2,422		372,037
Home equity	287,382		849		161		64		1,074		288,456
Total consumer	720,292		3,529		300		79		3,908		724,200
Total	$	3,619,453	$	7,892	$	644	$	145	$	8,681	$	3,628,134

Loans modified as TDRs generally consist of allowing borrowers to defer scheduled principal payments and make interest only payments for a specified period of time at the stated interest rate of the original loan agreement or lower payments due to a modification of the loans' contractual terms. TDRs that continue to accrue interest are individually monitored on a monthly basis and evaluated for impairment annually and transferred to non–accrual status when it is probable that any remaining principal and interest payments due on the loan will not be collected in accordance with the contractual terms of the loan. TDRs that subsequently default are individually evaluated for impairment at the time of default.

At March 31, 2022, the types of concessions the Company has made on restructured loans have been temporary rate reductions and/or reductions in monthly payments, and there have been no restructured loans with modified recorded balances. Any modification to a loan that is a concession and is not in the normal course of lending is considered a restructured loan. A restructured loan is returned to accruing status after six consecutive payments but is still reported as a TDR unless the loan bears interest at a market rate. As of March 31, 2022, the Company had $3.9 million in TDRs and $2.4 million were performing according to the restructured terms and no TDRs were returned to accrual status during 2022. There were no specific reserves allocated to TDRs at March 31, 2022 based on the discounted cash flows or, when appropriate, the fair value of the collateral. These TDRs are exclusive of loans modified under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).


	March 31, 2022						December 31, 2021
	Non–accrual		Accruing		Total		Non–accrual		Accruing		Total
Commercial
Owner occupied real estate	$	—	$	568	$	568	$	—	$	603	$	603
Non–owner occupied real estate	281		—		281		285		—		285
Residential spec homes	—		—		—		—		—		—
Development & spec land	—		—		—		—		—		—
Commercial and industrial	—		—		—		—		—		—
Total commercial	281		568		849		285		603		888
Real estate
Residential mortgage	880		1,440		2,320		892		1,421		2,313
Residential construction	—		—		—		—		—		—
Mortgage warehouse	—		—		—		—		—		—
Total real estate	880		1,440		2,320		892		1,421		2,313
Consumer
Direct installment	—		—		—		—		—		—
Indirect installment	—		—		—		—		—		—
Home equity	340		364		704		344		367		711
Total consumer	340		364		704		344		367		711
Total	$	1,501	$	2,372	$	3,873	$	1,521	$	2,391	$	3,912

The Bank has elected (i) to suspend the requirements under GAAP for loan modifications related to the COVID–19 pandemic that would otherwise be categorized as a TDR; and (ii) to suspend any determination of a loan modified as a result of the effects of COVID–19 pandemic as being a TDR, including impairment for accounting purposes. At March 31, 2022 and December 31, 2021, the Bank modified loans totaling $1.2 million and $10.9 million, respectively, which qualify for treatment under the CARES Act.

A collateral dependent financial loan relies solely on the operation or sale of the collateral for repayment. In evaluating the overall risk associated with the loan, the Company considers character, overall financial condition and resources, and payment record of the borrower; the prospects for support from any financially responsible guarantors; and the nature and degree of protection provided by the cash flow and value of any underlying collateral. However, as other sources of repayment become inadequate over time, the significance of the collateral's value increases and the loan may become collateral dependent.


	March 31, 2022
	Real Estate		Accounts Receivable/Equipment		Other		Total		ACL Allocation
Commercial
Owner occupied real estate	$	4,244	$	512	$	—	$	4,756	$	568
Non–owner occupied real estate	916		—		—		916		112
Residential spec homes	—		—		—		—		—
Development & spec land	815		—		—		815		97
Commercial and industrial	—		1,341		16		1,357		248
Total commercial	5,975		1,853		16		7,844		1,025










Total collateral dependent loans	$	5,975	$	1,853	$	16	$	7,844	$	1,025


	December 31, 2021
	Real Estate		Accounts Receivable/Equipment		Other		Total		ACL Allocation
Commercial
Owner occupied real estate	$	11,201	$	103	$	—	$	11,304	$	632
Non–owner occupied real estate	2,068		—		—		2,068		—
Residential spec homes	—		—		—		—		—
Development & spec land	919		—		—		919		—
Commercial and industrial	427		1,218		—		1,645		128
Total commercial	14,615		1,321		—		15,936		760










Total collateral dependent loans	$	14,615	$	1,321	$	—	$	15,936	$	760

•For new and renewed commercial loans, the Bank's Credit Department, which acts independently of the loan officer, assigns the credit quality grade of the loans. Loan grades for loans with an aggregate credit exposure that exceeds the authorities in the respective regions (ranging from $3,000,000 to $6,000,000) are validated by the Loan Committee, which is chaired by the Chief Commercial Banking Officer (“CCBO”).

•Commercial loan officers are responsible for reviewing their loan portfolios and reporting any adverse material change to the CCBO or Loan Committee. When circumstances warrant a change in the credit quality grade, loan officers are required to notify the CCBO and the Credit Department of the change in the loan grade. Downgrades are accepted immediately by the CCBO, however, lenders must present their factual information to either the Loan Committee or the CCBO when recommending an upgrade.

•Monthly, senior management meets as members of the Watch Committee, which reviews all of the past due, classified, and impaired loans and the relative trends of these assets. This committee also reviews the actions taken by management regarding foreclosure mitigation, loan extensions, troubled debt restructures, other real estate owned and personal property repossessions. The information reviewed in this meeting acts as a precursor for developing management's analysis of the adequacy of the Allowance for Credit Losses.

For residential real estate and consumer loans, Horizon uses a grading system based on delinquency. Loans that are 90 days or more past due, on non–accrual, or are classified as a TDR are graded “Substandard.” After being 90 to 120 days delinquent a loan is charged off unless it is well secured and in the process of collection. If the latter case exists, the loan is placed on non–accrual. Occasionally a mortgage loan may be graded as “Special Mention.” When this situation arises, it is because the characteristics of the loan and the borrower fit the definition of a Risk Grade 5 described below, which is normally used for grading commercial loans. Loans not graded Substandard are considered Pass.

Loans to businesses that have strong financial statements containing an unmodified opinion from a CPA firm and at least three years consecutive years of profits; loans supported by unaudited financial statements containing strong balance sheets, five years consecutive years of profits, a five years satisfactory relationship with the Bank, and key balance sheet and income statement trends that are either stable or positive; loans secured by publicly traded marketable securities with required margins where there is no impediment to liquidation; loans to individuals backed by liquid personal assets and unblemished credit histories; or loans to publicly held companies with current long–term debt ratings of Baa or better and meeting defined key financial metric ranges.

Loans supported by financial statements (audited or unaudited) that indicate average or slightly below average risk and having some deficiency or vulnerability to changing economic conditions; loans with some weakness but offsetting features of other support are readily available; loans that are meeting the terms of repayment, but which may be susceptible to deterioration if adverse factors are encountered and meeting defined key financial metric ranges. Loans may be graded Satisfactory when there is no recent information on which to base a current risk evaluation and the following conditions apply:

Loans in this category are considered to be of acceptable credit quality, but contain greater credit risk than Satisfactory rated loans and meet defined key financial metric ranges. Borrower displays acceptable liquidity, leverage, and earnings performance within the Bank's minimum underwriting guidelines. The level of risk is acceptable but conditioned on the proper level of loan officer supervision. Loans that normally fall into this grade include acquisition, construction and development loans and income producing properties that have not reached stabilization.

Loans in this category are considered to be of acceptable quality and meet defined key financial metric ranges, but with above normal risk. Borrower displays potential indicators of weakness in the primary source of repayment resulting in a higher reliance on secondary sources of repayment. Balance sheet may exhibit weak liquidity and/or high leverage. There is inconsistent earnings performance without the ability to sustain adverse economic conditions. Borrower may be operating in a declining industry or the property type, as for a commercial real estate loan, may be high risk or in decline. These loans require an increased level of loan officer supervision and monitoring to assure that any deterioration is addressed in a timely fashion. Commercial construction loans are graded as 4W Management Watch until the projects are completed and stabilized.

Loans which possess some temporary (normally less than one year) credit deficiency or potential weakness which deserves close attention. Such loans pose an unwarranted financial risk that, if not corrected, could weaken the loan by adversely impacting the future repayment ability of the borrower. The key distinctions of a Special Mention classification are that (1) it is indicative of an unwarranted level of risk and (2) weaknesses are considered “potential,” not “defined,“ impairments to the primary source of repayment. These loans may be to borrowers with adverse trends in financial performance, collateral value and/or marketability, or balance sheet strength and must meet defined key financial metric ranges.


March 31, 2022	2022		2021		2020		2019		2018		Prior		Revolving Loans		Total
Commercial
Owner occupied real estate
Pass	$	32,701	$	92,878	$	55,242	$	59,630	$	42,765	$	203,997	$	51,224	$	538,437
Special Mention	—		—		—		2,286		2,862		7,576		1,576		14,300
Substandard	—		—		998		1,554		3,117		11,314		3,949		20,932
Doubtful	—		—		—		—		—		—		—		—
Total owner occupied real estate	$	32,701	$	92,878	$	56,240	$	63,470	$	48,744	$	222,887	$	56,749	$	573,669

Non–owner occupied real estate
Pass	$	31,866	$	179,270	$	106,615	$	118,622	$	50,618	$	353,883	$	205,014	$	1,045,888
Special Mention	—		—		833		6,907		41,143		4,527		—		53,410
Substandard	—		714		—		—		3,600		9,586		—		13,900
Doubtful	—		—		—		—		—		—		—		—
Total non–owner occupied real estate	$	31,866	$	179,984	$	107,448	$	125,529	$	95,361	$	367,996	$	205,014	$	1,113,198

Residential spec homes
Pass	$	358	$	2,977	$	145	$	—	$	—	$	1,986	$	5,649	$	11,115
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total residential spec homes	$	358	$	2,977	$	145	$	—	$	—	$	1,986	$	5,649	$	11,115

Development & spec land
Pass	$	—	$	1,704	$	491	$	492	$	9	$	11,726	$	8,692	$	23,114
Special Mention	—		—		—		—		—		169		—		169
Substandard	—		—		—		—		—		195		747		942
Doubtful	—		—		—		—		—		—		—		—
Total development & spec land	$	—	$	1,704	$	491	$	492	$	9	$	12,090	$	9,439	$	24,225

Commercial & industrial
Pass	$	61,707	$	164,636	$	42,679	$	40,506	$	44,081	$	124,904	$	23,536	$	502,049
Special Mention	193		2,681		3,093		927		4,927		10,741		2,624		25,186
Substandard	—		54		121		1,324		3,861		2,210		2,315		9,885
Doubtful	—		—		—		—		—		—		—		—
Total commercial & industrial	$	61,900	$	167,371	$	45,893	$	42,757	$	52,869	$	137,855	$	28,475	$	537,120
Total commercial	$	126,825	$	444,914	$	210,217	$	232,248	$	196,983	$	742,814	$	305,326	$	2,259,327


March 31, 2022	2021		2020		2019		2018		2017		Prior		Revolving Loans		Total
Real estate
Residential mortgage
Performing	$	28,517	$	122,779	$	97,700	$	38,406	$	46,285	$	215,923	$	—	$	549,610
Non–performing	—		133		300		539		851		6,761		—		8,584
Total residential mortgage	$	28,517	$	122,912	$	98,000	$	38,945	$	47,136	$	222,684	$	—	$	558,194

Residential construction
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	35,178	$	35,178
Non–performing	—		—		—		—		—		—		—		—
Total residential construction	$	—	$	—	$	—	$	—	$	—	$	—	$	35,178	$	35,178

Mortgage warehouse
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	105,118	$	105,118
Non–performing	—		—		—		—		—		—		—		—
Total mortgage warehouse	$	—	$	—	$	—	$	—	$	—	$	—	$	105,118	$	105,118
Total real estate	$	28,517	$	122,912	$	98,000	$	38,945	$	47,136	$	222,684	$	140,296	$	698,490


March 31, 2022	2021		2020		2019		2018		2017		Prior		Revolving Loans		Total
Consumer
Direct installment
Performing	$	6,896	$	16,951	$	10,410	$	11,748	$	6,000	$	8,485	$	10	$	60,500
Non–performing	—		—		—		15		—		63		—		78
Total direct installment	$	6,896	$	16,951	$	10,410	$	11,763	$	6,000	$	8,548	$	10	$	60,578

Indirect installment
Performing	$	61,756	$	149,623	$	81,675	$	51,303	$	33,551	$	16,924	$	—	$	394,832
Non–performing	—		69		73		234		96		146		—		618
Total indirect installment	$	61,756	$	149,692	$	81,748	$	51,537	$	33,647	$	17,070	$	—	$	395,450

Home equity
Performing	$	24,015	$	82,796	$	47,913	$	31,705	$	24,896	$	77,868	$	5,690	$	294,883
Non–performing	—		8		112		134		23		1,417		1,295		2,989
Total home equity	$	24,015	$	82,804	$	48,025	$	31,839	$	24,919	$	79,285	$	6,985	$	297,872
Total consumer	$	92,667	$	249,447	$	140,183	$	95,139	$	64,566	$	104,903	$	6,995	$	753,900


December 31, 2021	2021		2020		2019		2018		2017		Prior		Revolving Loans		Total
Commercial
Owner occupied real estate
Pass	$	86,798	$	58,789	$	61,134	$	43,903	$	46,530	$	159,351	$	60,539	$	517,044
Special Mention	—		72		2,685		3,194		7,279		11,451		1,345		26,026
Substandard	—		1,003		1,312		3,192		1,957		9,579		774		17,817
Doubtful	—		—		—		—		—		—		—		—
Total owner occupied real estate	$	86,798	$	59,864	$	65,131	$	50,289	$	55,766	$	180,381	$	62,658	$	560,887

Non–owner occupied real estate
Pass	$	175,538	$	108,465	$	120,561	$	59,596	$	126,334	$	260,362	$	178,928	$	1,029,784
Special Mention	—		839		1,192		34,412		999		3,850		515		41,807
Substandard	720		—		6,045		1,096		425		7,793		800		16,879
Doubtful	—		—		—		—		—		—		—		—
Total non–owner occupied real estate	$	176,258	$	109,304	$	127,798	$	95,104	$	127,758	$	272,005	$	180,243	$	1,088,470

Residential spec homes
Pass	$	1,115	$	254	$	155	$	—	$	—	$	1,346	$	7,037	$	9,907
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total residential spec homes	$	1,115	$	254	$	155	$	—	$	—	$	1,346	$	7,037	$	9,907

Development & spec land
Pass	$	2,282	$	536	$	503	$	11	$	3,583	$	8,496	$	7,837	$	23,248
Special Mention	—		—		—		—		—		177		—		177
Substandard	—		—		—		—		11		289		748		1,048
Doubtful	—		—		—		—		—		—		—		—
Total development & spec land	$	2,282	$	536	$	503	$	11	$	3,594	$	8,962	$	8,585	$	24,473

Commercial & industrial
Pass	$	198,482	$	48,245	$	43,003	$	47,986	$	64,292	$	69,589	$	23,647	$	495,244
Special Mention	592		3,278		2,090		4,588		3,781		7,427		3,295		25,051
Substandard	111		143		1,211		3,936		1,313		1,847		1,352		9,913
Doubtful	—		—		—		—		—		—		—		—
Total commercial & industrial	$	199,185	$	51,666	$	46,304	$	56,510	$	69,386	$	78,863	$	28,294	$	530,208
Total commercial	$	465,638	$	221,624	$	239,891	$	201,914	$	256,504	$	541,557	$	286,817	$	2,213,945


December 31, 2021	2021		2020		2019		2018		2017		Prior		Revolving Loans		Total
Real estate
Residential mortgage
Performing	$	116,118	$	105,051	$	44,691	$	50,778	$	56,330	$	182,838	$	—	$	555,806
Non–performing	—		78		448		854		66		6,559		—		8,005
Total residential mortgage	$	116,118	$	105,129	$	45,139	$	51,632	$	56,396	$	189,397	$	—	$	563,811

Residential construction
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	30,571	$	30,571
Non–performing	—		—		—		—		—		—		—		—
Total residential construction	$	—	$	—	$	—	$	—	$	—	$	—	$	30,571	$	30,571

Mortgage warehouse
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	109,031	$	109,031
Non–performing	—		—		—		—		—		—		—		—
Total mortgage warehouse	$	—	$	—	$	—	$	—	$	—	$	—	$	109,031	$	109,031
Total real estate	$	116,118	$	105,129	$	45,139	$	51,632	$	56,396	$	189,397	$	139,602	$	703,413


December 31, 2021	2021		2020		2019		2018		2017		Prior		Revolving Loans		Total
Consumer
Direct installment
Performing	$	18,826	$	12,756	$	13,390	$	7,027	$	6,036	$	5,577	$	95	$	63,707
Non–performing	—		—		—		—		1		6		—		7
Total direct installment	$	18,826	$	12,756	$	13,390	$	7,027	$	6,037	$	5,583	$	95	$	63,714

Indirect installment
Performing	$	160,194	$	91,416	$	58,907	$	39,956	$	17,014	$	4,535	$	—	$	372,022
Non–performing	46		93		162		92		88		72		—		553
Total indirect installment	$	160,240	$	91,509	$	59,069	$	40,048	$	17,102	$	4,607	$	—	$	372,575

Home equity
Performing	$	80,389	$	51,856	$	34,603	$	26,924	$	22,495	$	65,059	$	6,699	$	288,025
Non–performing	9		114		37		90		166		1,321		1,208		2,945
Total home equity	$	80,398	$	51,970	$	34,640	$	27,014	$	22,661	$	66,380	$	7,907	$	290,970
Total consumer	$	259,464	$	156,235	$	107,099	$	74,089	$	45,800	$	76,570	$	8,002	$	727,259