XML 50 R34.htm IDEA: XBRL DOCUMENT v3.22.0.1
Loans (Tables)
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Schedule of Loans Classifications
Loans were comprised of the following classifications at December 31: 
 20212020
Commercial:  
Commercial and Industrial Loans$493,005 $638,773 
Commercial Real Estate Loans1,530,677 1,467,397 
Agricultural Loans358,150 376,186 
Leases55,345 55,664 
Retail:
Home Equity Loans222,525 219,348 
Consumer Loans70,302 66,717 
Credit Cards14,357 11,637 
Residential Mortgage Loans263,565 256,276 
Subtotal3,007,926 3,091,998 
Less: Unearned Income(3,662)(3,926)
Allowance for Credit Losses(37,017)(46,859)
Loans, net$2,967,247 $3,041,213 
Schedule of Allowance for Credit Losses For Loans
The following tables present the activity in the allowance for credit losses by portfolio segment for the years ended December 31, 2021 and 2020:

December 31, 2021Commercial
and
Industrial
Loans		Commercial
Real Estate
Loans		Agricultural
Loans		LeasesConsumer
Loans		Home Equity LoansCredit CardsResidential
Mortgage
Loans		UnallocatedTotal
Allowance for Credit Losses:
Beginning Balance$6,445 $29,878 $6,756 $200 $490 $996 $150 $1,944 $— $46,859 
Provision (Benefit) for Credit Losses5,825 (10,663)(2,251)— 385 44 387 (227)— (6,500)
Loans Charged-off(2,777)(10)— — (675)(15)(313)(45)— (3,835)
Recoveries Collected61 40 — — 307 36 16 33 — 493 
Total Ending Allowance Balance$9,554 $19,245 $4,505 $200 $507 $1,061 $240 $1,705 $— $37,017 

December 31, 2020Commercial
and
Industrial
Loans		Commercial
Real Estate
Loans		Agricultural
Loans		LeasesConsumer
Loans		Home Equity LoansCredit CardsResidential
Mortgage
Loans		UnallocatedTotal
Allowance for Credit Losses:        
Beginning Balance Prior to Adoption of ASC 326$4,799 $4,692 $5,315 $— $434 $200 $— $333 $505 $16,278 
Impact of Adopting ASC 3262,245 3,063 1,438 105 (59)762 124 1,594 (505)8,767 
Impact of Adopting ASC 326 - PCD Loans2,191 4,385 128 — — 35 — 147 — 6,886 
Provision (Benefit) for Credit Losses(694)17,645 (125)95 527 66 131 (95)— 17,550 
Initial Allowance on Loans Purchased with Credit Deterioration— — — — — — — — — — 
Loans Charged-off(2,119)(36)— — (766)(67)(109)(39)— (3,136)
Recoveries Collected23 129 — — 354 — 4 4 — 514 
Total Ending Allowance Balance$6,445 $29,878 $6,756 $200 $490 $996 $150 $1,944 $— $46,859 
The following tables present the activity in the allowance for loan losses by portfolio class for the year ended December 31, 2019: 
Commercial
and
Industrial
Loans and
Leases		Commercial
Real Estate
Loans		Agricultural
Loans		Home
Equity
Loans		Consumer
Loans		Residential
Mortgage
Loans		UnallocatedTotal
December 31, 2019        
Beginning Balance$2,953 $5,291 $5,776 $229 $420 $472 $682 $15,823 
Provision for Loan Losses5,600 (308)(461)(27)727 (29)(177)5,325 
Recoveries56 29 — 8 432 7 — 532 
Loans Charged-off(3,810)(320)— (10)(1,145)(117)— (5,402)
Ending Balance$4,799 $4,692 $5,315 $200 $434 $333 $505 $16,278 
Schedule of Non-accrual and Loans Past Due Over 89 Days Still Accruing
The following tables present the amortized cost basis of loans on non-accrual status and loans past due over 89 days still accruing as of December 31, 2021 and 2020:

December 31, 2021Non-Accrual With No Allowance for Credit Loss ⁽¹⁾Non-AccrualLoans Past Due Over 89 Days Still Accruing
Commercial and Industrial Loans$1,989 $10,530 $— 
Commercial Real Estate Loans145 2,243 156 
Agricultural Loans1,041 1,136 — 
Leases— — — 
Home Equity Loans1 24 — 
Consumer Loans16 18 — 
Credit Cards64 64 — 
Residential Mortgage Loans587 587 — 
Total$3,843 $14,602 $156 
(1) Includes non-accrual loans with no allowance for credit loss and are also included in Non-Accrual loans totaling $14,602.
December 31, 2020Non-Accrual With No Allowance for Credit Loss ⁽¹⁾Non-AccrualLoans Past Due Over 89 Days Still Accruing
Commercial and Industrial Loans$4,571 $8,133 $— 
Commercial Real Estate Loans3,152 10,188 — 
Agricultural Loans1,291 1,915 — 
Leases— — — 
Home Equity Loans271 271 — 
Consumer Loans77 84 — 
Credit Cards86 86 — 
Residential Mortgage Loans671 830 — 
Total$10,119 $21,507 $— 
(1) Includes non-accrual loans with no allowance for credit loss and are also included in Non-Accrual loans totaling $21,507
Schedule of Collateral-dependent Loans
The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of December 31, 2021 and 2020:

December 31, 2021Real EstateEquipmentAccounts ReceivableOtherTotal
Commercial and Industrial Loans$1,716 $2,444 $549 $5,822 $10,531 
Commercial Real Estate Loans4,610 — — — 4,610 
Agricultural Loans1,522 — — — 1,522 
Leases— — — — — 
Home Equity Loans441 — — — 441 
Consumer Loans6 — — 2 8 
Credit Cards— — — — — 
Residential Mortgage Loans652 — — — 652 
Total$8,947 $2,444 $549 $5,824 $17,764 

December 31, 2020Real EstateEquipmentAccounts ReceivableOtherTotal
Commercial and Industrial Loans$4,943 $3,014 $669 $154 $8,780 
Commercial Real Estate Loans11,877 — — 1,530 13,407 
Agricultural Loans3,064 — — — 3,064 
Leases— — — — — 
Home Equity Loans416 — — — 416 
Consumer Loans4 4 — 3 11 
Credit Cards— — — — — 
Residential Mortgage Loans817 — — — 817 
Total$21,121 $3,018 $669 $1,687 $26,495 
Schedule of Aging of Past Due Loans
The following tables present the aging of the amortized cost basis in past due loans by class of loans as of December 31, 2021 and 2020:

December 31, 202130-59 Days
Past Due		60-89 Days
Past Due		Greater Than 89 Days Past DueTotal
Past Due		Loans Not
Past Due		Total
Commercial and Industrial Loans$12 $— $6,147 $6,159 $486,846 $493,005 
Commercial Real Estate Loans— 5 891 896 1,529,781 1,530,677 
Agricultural Loans— — — — 358,150 358,150 
Leases— — — — 55,345 55,345 
Home Equity Loans225 229 25 479 222,046 222,525 
Consumer Loans158 58 4 220 70,082 70,302 
Credit Cards61 9 64 134 14,223 14,357 
Residential Mortgage Loans2,726 507 369 3,602 259,963 263,565 
Total$3,182 $808 $7,500 $11,490 $2,996,436 $3,007,926 

December 31, 202030-59 Days
Past Due		60-89 Days
Past Due		Greater Than 89 Days Past DueTotal
Past Due		Loans Not
Past Due		Total
      
Commercial and Industrial Loans$477 $909 $2,441 $3,827 $634,946 $638,773 
Commercial Real Estate Loans5 4,877 3,682 8,564 1,458,833 1,467,397 
Agricultural Loans— — 651 651 375,535 376,186 
Leases— — — — 55,664 55,664 
Home Equity Loans672 5 271 948 218,400 219,348 
Consumer Loans233 84 65 382 66,335 66,717 
Credit Cards95 80 86 261 11,376 11,637 
Residential Mortgage Loans3,737 1,590 529 5,856 250,420 256,276 
Total$5,219 $7,545 $7,725 $20,489 $3,071,509 $3,091,998 
Schedule of Risk Category of Loans
Based on the most recent analysis performed, the risk category of loans by class of loans is as follows:

Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202120212020201920182017PriorRevolving Loans Amortized Cost BasisTotal
Commercial and Industrial:
Risk Rating
Pass$141,133 $57,477 $60,883 $29,005 $15,936 $48,559 $122,377 $475,370 
Special Mention115 128 227 649 7 918 1,510 3,554 
Substandard100 1,221 — 1,062 1,378 2,457 7,863 14,081 
Doubtful— — — — — — — — 
Total Commercial and Industrial Loans$141,348 $58,826 $61,110 $30,716 $17,321 $51,934 $131,750 $493,005 
Commercial Real Estate:
Risk Rating
Pass$404,175 $264,011 $164,204 $131,746 $139,788 $336,066 $26,697 $1,466,687 
Special Mention2,279 — 710 14,426 17,356 13,916 — 48,687 
Substandard74 — 7,687 1,528 — 6,014 — 15,303 
Doubtful— — — — — — — — 
Total Commercial Real Estate Loans$406,528 $264,011 $172,601 $147,700 $157,144 $355,996 $26,697 $1,530,677 
Agricultural:
Risk Rating
Pass$44,510 $45,101 $22,482 $24,187 $24,325 $71,268 $81,011 $312,884 
Special Mention1,714 5,346 5,503 3,025 6,438 6,624 8,271 36,921 
Substandard— — 63 385 1,048 6,849 — 8,345 
Doubtful— — — — — — — — 
Total Agricultural Loans$46,224 $50,447 $28,048 $27,597 $31,811 $84,741 $89,282 $358,150 
Leases:
Risk Rating
Pass$19,689 $12,706 $12,990 $5,599 $2,473 $1,888 $— $55,345 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total Leases$19,689 $12,706 $12,990 $5,599 $2,473 $1,888 $— $55,345 
Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202020202019201820172016PriorRevolving Loans Amortized Cost BasisTotal
Commercial and Industrial:
Risk Rating
Pass$260,027 $88,273 $46,681 $31,612 $21,025 $48,508 $109,228 $605,354 
Special Mention618 1,102 2,756 1,739 206 1,972 9,948 18,341 
Substandard143 164 1,283 1,530 607 5,416 5,935 15,078 
Doubtful— — — — — — — — 
Total Commercial and Industrial Loans$260,788 $89,539 $50,720 $34,881 $21,838 $55,896 $125,111 $638,773 
Commercial Real Estate:
Risk Rating
Pass$296,265 $215,226 $179,129 $183,703 $171,016 $295,641 $29,634 $1,370,614 
Special Mention883 9,361 15,232 23,489 7,578 20,294 147 76,984 
Substandard— 1,131 1,735 1,692 4,292 10,849 100 19,799 
Doubtful— — — — — — — — 
Total Commercial Real Estate Loans$297,148 $225,718 $196,096 $208,884 $182,886 $326,784 $29,881 $1,467,397 
Agricultural:
Risk Rating
Pass$49,242 $25,449 $31,285 $32,368 $22,702 $64,890 $75,871 $301,807 
Special Mention11,503 9,911 3,111 8,767 2,707 10,125 16,318 62,442 
Substandard578 73 394 1,228 4,466 5,198 — 11,937 
Doubtful— — — — — — — — 
Total Agricultural Loans$61,323 $35,433 $34,790 $42,363 $29,875 $80,213 $92,189 $376,186 
Leases:
Risk Rating
Pass$18,258 $17,517 $9,176 $5,415 $1,605 $3,693 $— $55,664 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total Leases$18,258 $17,517 $9,176 $5,415 $1,605 $3,693 $— $55,664 
Schedule of Residential, Home Equity And Consumer Loans Based on Payment Activity The following tables present the amortized cost in residential, home equity and consumer loans based on payment activity.
Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202120212020201920182017PriorRevolving Loans Amortized Cost BasisTotal
Consumer:
Payment performance
Performing$39,923 $15,900 $4,325 $4,531 $600 $1,655 $3,350 $70,284 
Nonperforming3 — — — — 15 — 18 
Total Consumer Loans$39,926 $15,900 $4,325 $4,531 $600 $1,670 $3,350 $70,302 
Home Equity:
Payment performance
Performing$— $— $— $21 $— $835 $221,644 $222,500 
Nonperforming— — — — — 1 24 25 
Total Home Equity Loans$— $— $— $21 $— $836 $221,668 $222,525 
Residential Mortgage:
Payment performance
Performing$84,809 $38,717 $15,244 $17,369 $19,688 $87,164 $— $262,991 
Nonperforming— — — — — 574 — 574 
Total Residential Mortgage Loans$84,809 $38,717 $15,244 $17,369 $19,688 $87,738 $— $263,565 
Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202020202019201820172016PriorRevolving Loans Amortized Cost BasisTotal
Consumer:
Payment performance
Performing$33,857 $16,486 $8,456 $2,115 $910 $2,245 $2,563 $66,632 
Nonperforming— — 11 2 14 23 35 85 
Total Consumer Loans$33,857 $16,486 $8,467 $2,117 $924 $2,268 $2,598 $66,717 
Home Equity:
Payment performance
Performing$— $— $34 $46 $67 $490 $218,440 $219,077 
Nonperforming— — — — — — 271 271 
Total Home Equity Loans$— $— $34 $46 $67 $490 $218,711 $219,348 
Residential Mortgage:
Payment performance
Performing$45,945 $26,536 $28,050 $28,764 $25,155 $100,998 $— $255,448 
Nonperforming— — — — — 828 — 828 
Total Residential Mortgage Loans$45,945 $26,536 $28,050 $28,764 $25,155 $101,826 $— $256,276 
Schedule of Retail Loans Based on Payment Activity The following tables present the recorded investment in credit cards based on payment activity:
Credit CardsDecember 31, 2021December 31, 2020
Performing$14,293 $11,551 
Nonperforming64 86 
Total$14,357 $11,637 
Schedule of Loans Purchased and/or Sold During the Year
The following table presents loans purchased and/or sold during the year by portfolio segment:
Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
December 31, 2021
Purchases$— $2,271 $— $— $— $— $— $— $2,271 
Sales2,273 15,415 111 — — — — — 17,799 
December 31, 2020
Purchases$— $— $— $— $— $— $— $— $— 
Sales— 3,128 — — — — — — 3,128 
Schedule of Loans to Directors, Executive Officers and Principal Shareholders
Certain directors, executive officers, and principal shareholders of the Company, including their immediate families and companies in which they are principal owners, were loan customers of the Company during 2021. A summary of the activity of these loans follows:
Balance
January 1,
2021		AdditionsChanges in Persons or Interests IncludedDeductionsBalance
December 31,
2021
CollectedCharged-off
$41,022 $27,222 $(2,848)$(18,659)$— $46,737 
Schedule of Loans Individually Evaluated for Impairment
The following tables present the average balance and related interest income of loans individually evaluated for impairment by class of loans for the year ended December 31, 2019:
Average
Recorded
Investment		Interest
Income
Recognized		Cash
Basis
Recognized
December 31, 2019   
With No Related Allowance Recorded:   
Commercial and Industrial Loans and Leases$1,175 $19 $1 
Commercial Real Estate Loans2,947 81 1 
Agricultural Loans1,790 1 — 
Subtotal5,912 101 2 
With An Allowance Recorded:   
Commercial and Industrial Loans and Leases3,753 — 1 
Commercial Real Estate Loans3,141 — 1 
Agricultural Loans— — — 
Subtotal6,894 — 2 
Total$12,806 $101 $4 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)$4,321 $61 $3 
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)$1,766 $— $—