Total troubled debt restructurings were $5.1 million and $5.5 million at June 30, 2019 and December 31, 2018, respectively. The Company has allocated $67 thousand and $72 thousand of specific reserves to loans whose terms have been modified in troubled debt restructurings at June 30, 2019 and December 31, 2018, respectively. There were no commitments to lend additional amounts to borrowers with loans that were classified as troubled debt restructurings at June 30, 2019 and at December 31, 2018.

During the three and six month periods ended June 30, 2019 and 2018, the terms of certain loans were modified as troubled debt restructurings. The modification of the terms of such loans included one or a combination of the following: a reduction of the stated interest rate of the loan; an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk; a reduction of the contractual monthly payment; a deferral of principal, interest and/or escrow; or a legal concession. During the three month period ended June 30, 2019, the terms of such loans included a reduction of the stated interest rate of the loan of 0.24% and an extension of the maturity date of 124 months. During the same three month period in 2018, the terms of such loans included a reduction of the stated interest rate of the loan in the range of 1.75% to 2.50% and an extension of the maturity date in the range of 5 to 25 months. During the six month period ended June 30, 2019, the terms of such loans included a reduction of the stated interest rate of the loan in the range of 0.24% and 2.74% and extensions of the maturity dates on these and other troubled debt restructurings in the range of 86 to 124 months. During the same six month period in 2018, the terms of such loans included a reduction of the stated interest rate of the loan in the range of 1.75% and 2.50 % and an extension of the maturity date in the range of 5 to 25 months.

The following table presents loans by class modified as troubled debt restructurings that occurred during the three and six month periods ended June 30, 2019 and 2018:

			Pre-Modification		Post-Modification
Three Months Ended June 30, 2019	Number of		Outstanding Recorded		Outstanding Recorded
(In Thousands of Dollars)	Loans		Investment		Investment
Originated loans:
Commercial		1	$	12	$	12
Residential real estate
1-4 family residential		2		55		55
Home equity lines of credit		1		48		48
Consumer
Indirect		12		85		85
Other		1		18		18
Total originated loans		17	$	218	$	218
Acquired loans:
Commercial real estate
Farmland		1		86		86
Residential real estate
1-4 family residential		1		24		24
Consumer
Other		3		14		14
Total acquired loans		5	$	124	$	124
Total loans		22	$	342	$	342

			Pre-Modification		Post-Modification
Six Months Ended June 30, 2019	Number of		Outstanding Recorded		Outstanding Recorded
(In Thousands of Dollars)	Loans		Investment		Investment
Originated loans:
Commercial real estate
Owner occupied		0	$	0	$	0
Commercial		1		12		12
Residential real estate
1-4 family residential		5		128		130
Home equity lines of credit		2		88		88
Consumer
Indirect		24		190		190
Other		1		18		18
Total originated loans		33	$	436	$	438
Acquired loans:
Commercial real estate
Farmland		1		86		86
Residential real estate
1-4 family residential		3		75		79
Consumer
Other		3		14		14
Total acquired loans		7	$	175	$	179
Total loans		40	$	611	$	617

			Pre-Modification		Post-Modification
Three Months Ended June 30, 2018	Number of		Outstanding Recorded		Outstanding Recorded
(In Thousands of Dollars)	Loans		Investment		Investment
Originated loans:
Residential real estate
1-4 family residential		1	$	211	$	211
Indirect		9		60		60
Total originated loans		10	$	271	$	271
Acquired loans:
Commercial real estate
Non-owner occupied		1		42		42
Farmland		1		258		258
Commercial
Commercial and industrial		2		31		31
Residential real estate
1-4 family residential		1		81		81
Total acquired loans		5	$	412	$	412
Total loans		15	$	683	$	683

			Pre-Modification		Post-Modification
Six Months Ended June 30, 2018	Number of		Outstanding Recorded		Outstanding Recorded
(In Thousands of Dollars)	Loans		Investment		Investment
Originated loans:
Commercial real estate
Owner occupied		1	$	360	$	360
Residential real estate
1-4 family residential		4		254		254
Home equity lines of credit		2		14		14
Indirect		14		89		89
Total originated loans		21	$	717	$	717
Acquired loans:
Commercial real estate
Non-owner occupied		1	$	42	$	42
Farmland		1		258		258
Commercial
Commercial and industrial		2		31		31
Residential real estate
1-4 family residential		5		189		189
Total acquired loans		9	$	520	$	520
Total loans		30	$	1,237	$	1,237

There were $44 thousand and $51 thousand in charge offs and a $44 thousand and $51 thousand increase to the provision for loan losses during the three and six month periods ended June 30, 2019, respectively, as a result of outstanding troubled debt restructurings. There were $20 thousand and $39 thousand in charge offs during the three and six month periods ended June 30, 2018, respectively. There was a $20 thousand and a $39 thousand increase to the provision during the three and six month period ended June 30, 2018, respectively, as a result of troubled debt restructurings.

There were four commercial loans, one residential real estate loan, one home equity line of credit and one indirect loan for which there was a payment default within twelve months following the modification of the troubled debt restructuring during the three month and six month period ended June 30, 2019. The one residential real estate loan was past due at June 30, 2019. There was no provision recorded as a result of the defaults during 2019. A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms.

There was one commercial loan, three residential real estate loans and one home equity line of credit for which there was a payment default within twelve months following the modification of the troubled debt restructuring during the three month and six month periods ended June 30, 2018. A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms.