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Loans (Tables)
 9 Months Ended
Sep. 30, 2022
Receivables [Abstract]  
Schedule of Loans Classifications
Loans were comprised of the following classifications:
 September 30,
2022		December 31,
2021
Commercial:
Commercial and Industrial Loans$585,449 $493,005 
Commercial Real Estate Loans1,923,794 1,530,677 
Agricultural Loans401,608 358,150 
Leases58,835 55,345 
Retail:
Home Equity Loans273,786 222,525 
Consumer Loans80,617 70,302 
Credit Cards15,932 14,357 
Residential Mortgage Loans346,347 263,565 
Subtotal3,686,368 3,007,926 
Less: Unearned Income(3,852)(3,662)
Allowance for Credit Losses(44,699)(37,017)
Loans, net$3,637,817 $2,967,247 
Schedule of Loans Acquired The table below summarizes the loans acquired on January 1, 2022.
Acquired Loan BalanceFair Value DiscountsFair Value
Bank Acquisition$683,526$(5,359)$678,167

The table below summarizes the remaining carrying amount of acquired loans included in the September 30, 2022 table above.
Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Loan Balance$56,496 $328,791 $50,403 $— $13,086 $22,840 $— $73,047 $544,663 
Fair Value (Discount)/Premium(693)(2,565)177 — (52)(199)— 494 (2,838)

The company has purchased loans, for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination. The carrying amount of these loans is as follow:

2022
Purchase Price of Loans at Acquisition$32,997 
Allowance for Credit Losses at Acquisition3,117 
Non-Credit Discount/(Premium) at Acquisition1,456 
Total$37,570 
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 three months ended September 30, 2022 and 2021:

September 30, 2022Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$13,545 $22,349 $4,628 $191 $668 $1,233 $239 $2,178 $— $45,031 
Provision (Benefit) for credit loss expense141 (210)(99)27 305 85 52 49 — 350 
Loans charged-off(238)(1)— — (495)(5)(63)(18)— (820)
Recoveries collected7 5 — — 116 — 8 2 — 138 
Total ending allowance balance$13,455 $22,143 $4,529 $218 $594 $1,313 $236 $2,211 $— $44,699 
September 30, 2021Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$6,080 $24,220 $5,847 $204 $460 $908 $181 $2,095 $— $39,995 
Provision (Benefit) for credit loss expense1,965 (2,833)(1,152)(1)167 124 19 (289)— (2,000)
Loans charged-off— — — — (204)(15)(16)(44)— (279)
Recoveries collected9 5 — — 60 — 8 — — 82 
Total ending allowance balance$8,054 $21,392 $4,695 $203 $483 $1,017 $192 $1,762 $— $37,798 

The following tables present the activity in the allowance for credit losses by portfolio segment for the nine months ended September 30, 2022 and 2021:
September 30, 2022Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$9,554 $19,245 $4,505 $200 $507 $1,061 $240 $1,705 $— $37,017 
Acquisition of Citizens Union Bank of Shelbyville, KY376 1,945 689 — 2 — — 105 — 3,117 
Provision (Benefit) for credit loss expense3,803 1,013 (665)18 823 309 131 418 — 5,850 
Loans charged-off(299)(79)— — (1,027)(57)(153)(21)— (1,636)
Recoveries collected21 19 — — 289 — 18 4 — 351 
Total ending allowance balance$13,455 $22,143 $4,529 $218 $594 $1,313 $236 $2,211 $— $44,699 

September 30, 2021Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$6,445 $29,878 $6,756 $200 $490 $996 $150 $1,944 $— $46,859 
Provision (Benefit) for credit loss expense1,747 (8,502)(2,061)3 234 30 186 (137)— (8,500)
Loans charged-off(190)(10)— — (472)(15)(158)(47)— (892)
Recoveries collected52 26 — — 231 6 14 2 — 331 
Total ending allowance balance$8,054 $21,392 $4,695 $203 $483 $1,017 $192 $1,762 $— $37,798 
Schedule of Non-Accrual and Past Due Loans
The following tables present the amortized cost in non-accrual loans and loans past due over 89 days still accruing by class of loans as of September 30, 2022 and December 31, 2021:
September 30, 2022
Non-Accrual With No Allowance for Credit Loss (1)
Total Non-AccrualLoans Past Due Over 89 Days Still Accruing
Commercial and Industrial Loans$710 $8,695 $28 
Commercial Real Estate Loans56 2,059 — 
Agricultural Loans899 899 698 
Leases— — — 
Home Equity Loans218 262 — 
Consumer Loans11 14 — 
Credit Cards75 75 — 
Residential Mortgage Loans466 1,050 — 
Total$2,435 $13,054 $726 
(1) Non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $13,054.
December 31, 2021
Non-Accrual With No Allowance for Credit Loss (1)
Total 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 Total Non-Accrual loans of $14,602.
Schedule or Collateral-dependent Loans by Class
The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of September 30, 2022 and December 31, 2021:
September 30, 2022Real EstateEquipmentAccounts ReceivableOtherTotal
Commercial and Industrial Loans$2,361 $1,937 $302 $5,865 $10,465 
Commercial Real Estate Loans14,713 36 — — 14,749 
Agricultural Loans5,158 317 — — 5,475 
Leases— — — — — 
Home Equity Loans463 — — — 463 
Consumer Loans7 3 — — 10 
Credit Cards— — — — — 
Residential Mortgage Loans1,089 — — — 1,089 
Total$23,791 $2,293 $302 $5,865 $32,251 

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 
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 September 30, 2022 and December 31, 2021:
September 30, 202230-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueTotal
Past Due		Loans Not Past DueTotal
Commercial and Industrial Loans$212 $— $7,004 $7,216 $578,233 $585,449 
Commercial Real Estate Loans413 480 617 1,510 1,922,284 1,923,794 
Agricultural Loans296 179 698 1,173 400,435 401,608 
Leases— — — — 58,835 58,835 
Home Equity Loans913 189 263 1,365 272,421 273,786 
Consumer Loans95 48 1 144 80,473 80,617 
Credit Cards135 42 75 252 15,680 15,932 
Residential Mortgage Loans6,826 1,708 851 9,385 336,962 346,347 
Total$8,890 $2,646 $9,509 $21,045 $3,665,323 $3,686,368 
December 31, 202130-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueTotal
Past Due		Loans Not Past DueTotal
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 
Schedule of Risk Category of Loans
Based on the analysis performed at September 30, 2022 and December 31, 2021, the risk category of loans by class of loans is as follows:
Term Loans Amortized Cost Basis by Origination Year
As of September 30, 202220222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Commercial and Industrial:
Risk Rating
Pass$111,525 $123,677 $57,536 $51,559 $23,247 $58,000 $132,475 $558,019 
Special Mention42 98 536 85 562 667 1,655 3,645 
Substandard407 810 1,642 711 1,072 4,113 15,029 23,784 
Doubtful— — — 1 — — — 1 
Total Commercial & Industrial Loans$111,974 $124,585 $59,714 $52,356 $24,881 $62,780 $149,159 $585,449 
Commercial Real Estate:
Risk Rating
Pass$290,468 $525,752 $257,282 $166,885 $130,354 $455,627 $36,102 $1,862,470 
Special Mention3,118 1,472 4,644 136 13,759 27,338 — 50,467 
Substandard833 613 493 1,439 1,854 5,625 — 10,857 
Doubtful— — — — — — — — 
Total Commercial Real Estate Loans$294,419 $527,837 $262,419 $168,460 $145,967 $488,590 $36,102 $1,923,794 
Agricultural:
Risk Rating
Pass$45,345 $49,076 $49,900 $26,813 $22,914 $96,916 $73,735 $364,699 
Special Mention545 1,659 6,720 4,563 2,111 11,428 3,810 30,836 
Substandard— 210 — 157 71 5,282 353 6,073 
Doubtful— — — — — — — — 
Total Agricultural Loans$45,890 $50,945 $56,620 $31,533 $25,096 $113,626 $77,898 $401,608 
Leases:
Risk Rating
Pass$17,393 $15,606 $10,424 $10,294 $2,891 $2,227 $— $58,835 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total Leases$17,393 $15,606 $10,424 $10,294 $2,891 $2,227 $— $58,835 
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 & 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 
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 September 30, 202220222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Consumer:
Payment performance
Performing$34,599 $26,960 $7,886 $2,889 $3,250 $1,927 $3,092 $80,603 
Nonperforming— — 1 — 3 10 — 14 
Total Consumer Loans$34,599 $26,960 $7,887 $2,889 $3,253 $1,937 $3,092 $80,617 
Home Equity:
Payment performance
Performing$38 $— $— $— $19 $633 $272,834 $273,524 
Nonperforming— — — — — — 262 262 
Total Home Equity Loans$38 $— $— $— $19 $633 $273,096 $273,786 
Residential Mortgage:
Payment performance
Performing$54,368 $99,492 $48,757 $20,892 $17,736 $104,052 $— $345,297 
Nonperforming— 162 218 — 17 653 — 1,050 
Total Residential Mortgage Loans$54,368 $99,654 $48,975 $20,892 $17,753 $104,705 $— $346,347 
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 
Schedule of Recorded Investment in Credit Cards Based on Payment Activity The following table presents the recorded investment in credit cards based on payment activity:
Credit CardsSeptember 30, 2022December 31, 2021
   Performing$15,857 $14,293 
   Nonperforming75 64 
      Total$15,932 $14,357 
Schedule of Loans Purchased and/or Sold During the Year
The following tables present loans purchased and/or sold during the year by portfolio segment and excludes the business combination activity:
September 30, 2022Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
   Purchases$496 $1,315 $— $— $— $— $— $— $1,811 
   Sales— 596 — — — — — — 596 
December 31, 2021Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
   Purchases$— $2,271 $— $— $— $— $— $— $2,271 
   Sales2,273 15,415 111 — — — — — 17,799