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Loans
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Loans Loans
 
Loans were comprised of the following classifications:
 September 30,
2025		December 31,
2024
Commercial:
Commercial and Industrial Loans$730,134 $591,785 
Commercial Real Estate Loans3,103,181 2,224,872 
Agricultural Loans472,807 431,037 
Leases85,088 79,253 
Retail:
Home Equity Loans456,839 344,808 
Consumer Loans119,642 81,396 
Credit Cards27,261 22,668 
Residential Mortgage Loans792,670 357,448 
Subtotal5,787,622 4,133,267 
Less: Unearned Income(9,117)(8,365)
Allowance for Credit Losses(76,057)(44,436)
Loans, Net$5,702,448 $4,080,466 
The table above includes $99,067 and $11,178 of purchase credit deteriorated loans as of September 30, 2025 and December 31, 2024, respectively.
As further described in Note 16, during 2025 the Company acquired loans at fair value as part of a business combination. The table below summarizes the loans acquired on February 1, 2025.
Acquired Loan BalanceFair Value DiscountFair Value
Bank Acquisition$1,569,036 $(65,658)$1,503,378 
The table below summarizes the remaining carrying amount of acquired loans included in the September 30, 2025 table above.
Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Loan Balance$127,504 $760,358 $43,596 $— $27,187 $57,919 $— $415,709 $1,432,273 
Fair Value (Discount)/Premium(3,061)(16,134)(640)— (222)(959)— (33,713)(54,729)
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 follows:
2025
Purchase Price of Loans at Acquisition$107,285 
Allowance for Credit Losses at Acquisition16,503 
Non-Credit Discount/(Premium) at Acquisition5,554 
Total$129,342 

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, 2025 and 2024:
September 30, 2025Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Allowance for Credit Losses:
Beginning Balance$17,739 $38,803 $3,130 $1,192 $691 $4,334 $621 $9,595 $76,105 
Provision (Benefit) for Credit Loss Expense272 329 98 (16)303 46 26 (358)700 
Loans Charged-off(384)— — — (446)(71)(182)(43)(1,126)
Recoveries Collected6 — — — 138 5 208 21 378 
Total Ending Allowance Balance$17,633 $39,132 $3,228 $1,176 $686 $4,314 $673 $9,215 $76,057 
September 30, 2024Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Allowance for Credit Losses:
Beginning Balance$7,200 $26,598 $3,697 $368 $722 $2,058 $413 $2,890 $43,946 
Provision (Benefit) for Credit Loss Expense(137)54 211 28 224 72 202 (29)625 
Loans Charged-off(92)— (7)— (364)— (156)— (619)
Recoveries Collected3 4 — — 158 — 7 — 172 
Total Ending Allowance Balance$6,974 $26,656 $3,901 $396 $740 $2,130 $466 $2,861 $44,124 
The following tables present the activity in the allowance for credit losses by portfolio segment for the nine months ended September 30, 2025 and 2024:

September 30, 2025Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Allowance for Credit Losses:
Beginning balance$7,059 $25,818 $4,917 $397 $727 $2,196 $520 $2,802 $44,436 
Change in Accounting Method1,438 (3,271)(1,655)720 (284)1,056 (24)2,013 (7)
2/1/2025 Acquired Heartland PCD5,246 7,675 3,352 — 20 11 — 199 16,503 
Day 2 CECL Provision - Heartland1,797 7,522 170 — 179 570 — 5,962 16,200 
Provision (Benefit) for credit loss expense2,817 1,414 (3,556)59 789 538 657 (1,711)1,007 
Loans charged-off(757)(26)— — (1,105)(71)(742)(71)(2,772)
Recoveries collected33 — — — 360 14 262 21 690 
Total ending allowance balance$17,633 $39,132 $3,228 $1,176 $686 $4,314 $673 $9,215 $76,057 
September 30, 2024Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Allowance for Credit Losses:
Beginning balance$7,921 $25,923 $3,837 $346 $759 $1,834 $383 $2,762 $43,765 
Provision (Benefit) for credit loss expense(768)1,028 70 50 700 421 550 99 2,150 
Loans charged-off(223)(308)(8)— (1,117)(134)(489)— (2,279)
Recoveries collected44 13 2 — 398 9 22 — 488 
Total ending allowance balance$6,974 $26,656 $3,901 $396 $740 $2,130 $466 $2,861 $44,124 
The ACL is a valuation account that is deducted from the amortized cost of loans receivable to present the net amount expected to be collected. Loans are charged off against the ACL when management believes the uncollectibility of a loan balance is confirmed, and subsequent recoveries, if any, are credited to the ACL. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. The Company records the changes in the allowance on loans through earnings as a “Provision for Credit Losses” in the Consolidated Statements of Income.

At March 31, 2025, the Company changed its method for estimating the allowance for credit losses to the discounted cash flow model on a prospective basis for all loan segments except for the credit card loan segment. Prior to March 31, 2025, the Company utilized the static pool methodology in determining future credit losses. While both methodologies permit the Company to develop reasonable and supportable forecasts, by utilizing the discounted cash flow method, the Company has the ability to better evaluate multiple economic scenarios by capturing macroeconomic conditions within the model assumptions and calculations. This change in methodology had an insignificant impact on the allowance in 2025.

Management’s judgment in determining the level of the allowance is based on evaluations of historical loan losses, current conditions and reasonable and supportable forecasts relevant to the collectability of loans. The methodology for estimating the amount reported in the ACL is the sum of two main components, an allowance assessed on a collective basis for pools of loans that share similar risk characteristics and an allowance assessed on individual loans that do not share similar risk characteristics with other loans. Loans that share common risk characteristics are evaluated collectively using a discounted cash flow approach. The discounted cash flow approach used by the Company utilizes loan-level cash flow projections, pool-level assumptions, multiple economic scenarios from Moody’s, historical and peer group losses and qualitative assumptions.

Estimated cash flows consider the principal and interest in accordance with the contractual term of the loan and estimated prepayments. Contractual cash flows are based on the amortized cost and are adjusted for balances guaranteed by governmental entities. Estimated cash flows also reflect calculated probabilities of default, loss given default rates, and prepayment and curtailment estimates, as well as qualitative factors. The probability of default estimates are generated using a regression model that estimates the likelihood of a loan being charged-off during its life. The regression model uses combinations of variables to assess historical loss correlations to economic factors and these variables become model forecast inputs for economic factors that are updated in the model each period. As indicated above, the Company uses an economic forecast provided by a third-party for these model inputs.
The Company evaluates multiple economic scenarios that are designed to capture a range of supportable macroeconomic conditions, taking into consideration the forecasted direction of the economic and business environment and its likely impact on the estimated allowance as compared to the historical losses over the reasonable and supportable time frame. Economic forecasts for the current period are uploaded to the model, which targets certain forecasted macroeconomic factors, such as unemployment rate, value of construction, agriculture prices, housing price index, vacancy rates, debt service burden, and certain rate and market indices. The Company determines the weighting of each scenario based upon historical trends and economic, monetary, and fiscal conditions within the Company’s footprint that could impact future credit losses.

Loans that do not share similar risk characteristics are evaluated on an individual basis to determine the expected allowance for credit loss. When the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral, expected credit losses are based on the fair value of the collateral at the reporting date adjusted for selling costs.

The Company has continued to utilize the following portfolio segments and identified the risk characteristics of each portfolio listed below:

Commercial and Industrial Loans - The principal risk of commercial and industrial loans is that these loans are primarily based on the identified cash flow of the borrower and secondarily on the collateral underlying the loans. Most commercial loans are secured by accounts receivable, inventory and equipment. If cash flow from business operations is reduced, the borrower’s ability to repay the loan may diminish, and over time, it may also be difficult to substantiate current value of inventory and equipment. Repayment of these loans is more sensitive than other types of loans to adverse conditions in the general economy.

Commercial Real Estate Loans - Commercial real estate lending 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 adversely affected by conditions in the real estate markets or in the general economy. Commercial real estate loans are collateralized by the borrower’s underlying real estate. Therefore, diminished cash flows not only affects the ability to repay the loan, it may also reduce the underlying collateral value.

Agricultural Loans - This portfolio is diversified between real estate financing, equipment financing and lines of credit in various segments including grain production, poultry production and livestock production. Mitigating any concentration of risk that may exist in the Company’s agricultural loan portfolio is the use of federal government guarantee programs.

Leases - Leases are primarily for equipment leased to varying types of businesses. If the cash flow from business operations is reduced, the business’s ability to repay the lease is diminished as well.

Home Equity Loans - Home equity loans are generally secured by 1-4 family residences that are owner-occupied. Repayment of these loans is primarily dependent on the personal income of the borrowers, which can be impacted by unemployment levels in the market area due to economic conditions.

Consumer Loans - Consumer loan repayment is typically dependent on the borrower remaining employed through the life of the loan as well as the borrower maintaining the underlying collateral adequately.

Credit Cards - Credit card loans are unsecured and repayment is primarily dependent on the personal income of the borrower.

Residential Mortgage Loans - Residential mortgage loans are typically secured by 1-4 family residences that are owner-occupied. Repayment of these loans is primarily dependent on the personal income of the borrowers, which can be impacted by unemployment levels in the market area due to economic conditions. Repayment may also be impacted by changes in residential property values.

All classes of loans, including loans acquired with deteriorated credit quality, are generally placed on non-accrual status when scheduled principal or interest payments are past due for 90 days or more or when the borrower’s ability to repay becomes doubtful. For purchased loans, the determination is made at the time of acquisition as well as over the life of the loan. Uncollected accrued interest for each class of loans is reversed against income at the time a loan is placed on non-accrual.
Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. All classes of loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans are typically charged-off at 180 days past due, or earlier if deemed uncollectible. Exceptions to the non-accrual and charge-off policies are made when the loan is well secured and in the process of collection.
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, 2025 and December 31, 2024:
September 30, 2025
Non-Accrual With No Allowance for Credit Loss (1)
Total Non-AccrualLoans Past Due Over 89 Days Still Accruing
Commercial and Industrial Loans$1,266 $8,789 $— 
Commercial Real Estate Loans1,256 7,481 — 
Agricultural Loans1,073 2,393 — 
Leases— — — 
Home Equity Loans885 885 — 
Consumer Loans57 57 — 
Credit Cards58 58 — 
Residential Mortgage Loans3,103 4,013 — 
Total$7,698 $23,676 $— 
(1) Includes non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $23,676.
Interest income on non-accrual loans recognized during the three and nine months ended September 30, 2025 totaled $226 and $429, respectively.

December 31, 2024
Non-Accrual With No Allowance for Credit Loss (1)
Total Non-AccrualLoans Past Due Over 89 Days Still Accruing
Commercial and Industrial Loans$1,346 $5,018 $— 
Commercial Real Estate Loans1,268 1,745 183 
Agricultural Loans655 765 5 
Leases— — — 
Home Equity Loans1,087 1,087 — 
Consumer Loans63 63 — 
Credit Cards54 54 — 
Residential Mortgage Loans1,977 2,202 — 
Total$6,450 $10,934 $188 
(1) Includes non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $10,934.

Interest income on non-accrual loans recognized during the year ended December 31, 2024 totaled $291.
The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of September 30, 2025 and December 31, 2024:
September 30, 2025Real EstateEquipmentAccounts ReceivableOtherTotal
Commercial and Industrial Loans$10,038 $7,111 $— $10,178 $27,327 
Commercial Real Estate Loans36,815 502 — — 37,317 
Agricultural Loans3,437 204 — 645 4,286 
Leases— — — — — 
Home Equity Loans424 — — — 424 
Consumer Loans10 10 — — 20 
Credit Cards— — — — — 
Residential Mortgage Loans1,448 — — — 1,448 
Total$52,172 $7,827 $— $10,823 $70,822 
December 31, 2024Real EstateEquipmentAccounts ReceivableOtherTotal
Commercial and Industrial Loans$5,986 $90 $— $58 $6,134 
Commercial Real Estate Loans7,293 — — — 7,293 
Agricultural Loans2,777 263 — — 3,040 
Leases— — — — — 
Home Equity Loans423 — — — 423 
Consumer Loans10 — — — 10 
Credit Cards— — — — — 
Residential Mortgage Loans523 — — — 523 
Total$17,012 $353 $— $58 $17,423 

The following tables present the aging of the amortized cost basis in past due loans by class of loans as of September 30, 2025 and December 31, 2024:
September 30, 202530-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueTotal
Past Due		Loans Not Past DueTotal
Commercial and Industrial Loans$451 $200 $7,934 $8,585 $721,549 $730,134 
Commercial Real Estate Loans1,647 929 5,161 7,737 3,095,444 3,103,181 
Agricultural Loans1,019 365 1,221 2,605 470,202 472,807 
Leases— — — — 85,088 85,088 
Home Equity Loans2,509 365 885 3,759 453,080 456,839 
Consumer Loans653 47 57 757 118,885 119,642 
Credit Cards271 133 58 462 26,799 27,261 
Residential Mortgage Loans7,409 2,429 3,754 13,592 779,078 792,670 
Total$13,959 $4,468 $19,070 $37,497 $5,750,125 $5,787,622 
December 31, 202430-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueTotal
Past Due		Loans Not Past DueTotal
Commercial and Industrial Loans$531 $36 $4,395 $4,962 $586,823 $591,785 
Commercial Real Estate Loans546 673 1,368 2,587 2,222,285 2,224,872 
Agricultural Loans241 — 428 669 430,368 431,037 
Leases— — — — 79,253 79,253 
Home Equity Loans1,515 544 1,087 3,146 341,662 344,808 
Consumer Loans185 194 63 442 80,954 81,396 
Credit Cards398 98 54 550 22,118 22,668 
Residential Mortgage Loans5,744 3,644 2,035 11,423 346,025 357,448 
Total$9,160 $5,189 $9,430 $23,779 $4,109,488 $4,133,267 

Loan Modifications Made to Borrowers Experiencing Financial Difficulty

Effective January 1, 2023, the Company prospectively adopted ASU 2022-02, which eliminated the accounting for troubled debt restructurings while establishing a new standard for the treatment of modifications made to borrowers experiencing financial difficulties. As such, effective with the adoption of the new standard, the Company will not include, prospectively, financial difficulty modifications in its presentation of nonperforming loans, nonperforming assets or classified assets. Prior period data, which included troubled debt restructurings, has not been adjusted.

The Company’s loan modifications for borrowers experiencing financial difficulties will typically include 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; or a permanent reduction of the recorded investment in the loan. No modifications during the three or nine months ended September 30, 2025, or the year ended December 31, 2024, resulted in a permanent reduction of the recorded investment in the loan.

During the three and nine months ended September 30, 2025 and 2024, the Company had no modified loans made to borrowers experiencing financial difficulty. There were no modified loans that had a payment default during the three and nine months ended September 30, 2025 and 2024 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty. The Company considers a loan to be in payment default once it is 30 days contractually past due under the modified terms.
Credit Quality Indicators:
The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company classifies loans as to credit risk by individually analyzing loans. This analysis includes commercial and industrial loans, commercial real estate loans, and agricultural loans with an outstanding balance greater than $250. This analysis is typically performed on at least an annual basis. The Company uses the following definitions for risk ratings:
 
Special Mention. Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date.
 
Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.
 
Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.
 
Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans.

Based on the analysis performed at September 30, 2025 and December 31, 2024, the risk category of loans by class of loans is as follows:
Term Loans Amortized Cost Basis by Origination Year
As of September 30, 202520252024202320222021PriorRevolving Loans Amortized Cost BasisTotal
Commercial and Industrial:
Risk Rating
Pass$96,905 $111,892 $69,327 $84,451 $57,193 $50,489 $212,548 $682,805 
Special Mention1,349 980 2,136 1,292 649 2,582 7,258 16,246 
Substandard100 864 3,112 5,665 4,536 9,880 6,926 31,083 
Doubtful— — — — — — — — 
Total Commercial & Industrial Loans$98,354 $113,736 $74,575 $91,408 $62,378 $62,951 $226,732 $730,134 
Current Period Gross Charge-Offs$— $306 $— $138 $— $77 $236 $757 
Commercial Real Estate:
Risk Rating
Pass$306,962 $428,190 $395,842 $534,455 $451,968 $804,623 $60,613 $2,982,653 
Special Mention401 2,835 16,711 5,681 15,304 39,417 — 80,349 
Substandard74 — 693 3,165 6,820 29,295 132 40,179 
Doubtful— — — — — — — — 
Total Commercial Real Estate Loans$307,437 $431,025 $413,246 $543,301 $474,092 $873,335 $60,745 $3,103,181 
Current Period Gross Charge-Offs$— $— $— $— $— $26 $— $26 
Agricultural:
Risk Rating
Pass$39,779 $37,640 $34,027 $47,469 $30,116 $132,789 $106,705 $428,525 
Special Mention3,122 2,433 2,936 2,097 3,169 11,800 11,300 36,857 
Substandard— 369 843 64 100 4,997 1,052 7,425 
Doubtful— — — — — — — — 
Total Agricultural Loans$42,901 $40,442 $37,806 $49,630 $33,385 $149,586 $119,057 $472,807 
Current Period Gross Charge-Offs$— $— $— $— $— $— $— $— 
Leases:
Risk Rating
Pass$24,923 $26,462 $21,492 $5,132 $3,029 $4,050 $— $85,088 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total Leases$24,923 $26,462 $21,492 $5,132 $3,029 $4,050 $— $85,088 
Current Period Gross Charge-Offs$— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202420242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
Commercial and Industrial:
Risk Rating
Pass$118,037 $86,412 $93,406 $64,298 $17,140 $49,181 $143,096 $571,570 
Special Mention147 1,709 787 1,061 1,202 2,044 1,023 7,973 
Substandard108 627 181 3,164 908 3,619 3,635 12,242 
Doubtful— — — — — — — — 
Total Commercial & Industrial Loans$118,292 $88,748 $94,374 $68,523 $19,250 $54,844 $147,754 $591,785 
Current Period Gross Charge-Offs$— $4 $96 $64 $— $13 $46 $223 
Commercial Real Estate:
Risk Rating
Pass$327,488 $315,981 $410,135 $394,698 $187,849 $502,263 $39,271 $2,177,685 
Special Mention433 13,433 1,740 5,395 1,975 12,349 200 35,525 
Substandard— 181 566 5,155 — 5,760 — 11,662 
Doubtful— — — — — — — — 
Total Commercial Real Estate Loans$327,921 $329,595 $412,441 $405,248 $189,824 $520,372 $39,471 $2,224,872 
Current Period Gross Charge-Offs$— $— $— $— $— $308 $— $308 
Agricultural:
Risk Rating
Pass$47,179 $35,379 $48,105 $33,666 $35,726 $103,702 $102,251 $406,008 
Special Mention547 1,426 146 822 5,075 10,676 2,065 20,757 
Substandard175 — — — — 4,097 — 4,272 
Doubtful— — — — — — — — 
Total Agricultural Loans$47,901 $36,805 $48,251 $34,488 $40,801 $118,475 $104,316 $431,037 
Current Period Gross Charge-Offs$— $— $— $— $— $8 $— $8 
Leases:
Risk Rating
Pass$32,214 $26,392 $8,272 $6,578 $2,128 $3,669 $— $79,253 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total Leases$32,214 $26,392 $8,272 $6,578 $2,128 $3,669 $— $79,253 
Current Period Gross Charge-Offs$— $— $— $— $— $— $— $— 
The Company considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential and consumer loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by 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, 202520252024202320222021PriorRevolving Loans Amortized Cost BasisTotal
Consumer:
Payment performance
Performing$43,566 $41,669 $15,304 $5,905 $4,060 $2,902 $6,179 $119,585 
Nonperforming1 12 — 44 — — — 57 
Total Consumer Loans$43,567 $41,681 $15,304 $5,949 $4,060 $2,902 $6,179 $119,642 
Current Period Gross Charge-Offs$960 $32 $65 $30 $15 $3 $— $1,105 
Home Equity:
Payment performance
Performing$360 $1,004 $1,503 $4,161 $1,113 $4,625 $443,188 $455,954 
Nonperforming— 58 128 294 225 155 25 885 
Total Home Equity Loans$360 $1,062 $1,631 $4,455 $1,338 $4,780 $443,213 $456,839 
Current Period Gross Charge-Offs$— $— $— $68 $— $3 $— $71 
Residential Mortgage:
Payment performance
Performing$69,752 $86,995 $102,557 $194,918 $146,897 $187,538 $— $788,657 
Nonperforming— 220 1,190 228 845 1,530 — 4,013 
Total Residential Mortgage Loans$69,752 $87,215 $103,747 $195,146 $147,742 $189,068 $— $792,670 
Current Period Gross Charge-Offs$— $— $39 $— $32 $— $— $71 
Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202420242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
Consumer:
Payment performance
Performing$40,504 $20,828 $9,359 $5,469 $1,181 $1,542 $2,450 $81,333 
Nonperforming26 1 13 15 — 8 — 63 
Total Consumer Loans$40,530 $20,829 $9,372 $5,484 $1,181 $1,550 $2,450 $81,396 
Current Period Gross Charge-Offs$1,212 $181 $72 $40 $— $2 $4 $1,511 
Home Equity:
Payment performance
Performing$172 $161 $3,721 $773 $478 $3,532 $334,884 $343,721 
Nonperforming— 128 277 24 25 604 29 1,087 
Total Home Equity Loans$172 $289 $3,998 $797 $503 $4,136 $334,913 $344,808 
Current Period Gross Charge-Offs$— $— $62 $99 $— $— $9 $170 
Residential Mortgage:
Payment performance
Performing$48,957 $51,059 $57,988 $73,239 $35,370 $88,633 $— $355,246 
Nonperforming— 214 229 669 234 856 — 2,202 
Total Residential Mortgage Loans$48,957 $51,273 $58,217 $73,908 $35,604 $89,489 $— $357,448 
Current Period Gross Charge-Offs$— $— $— $— $— $— $— $— 

The Company considers the performance of the loan portfolio and its impact on the allowance for credit loan losses. For certain retail loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the recorded investment in credit cards based on payment activity:
Credit CardsSeptember 30, 2025December 31, 2024
   Performing$27,203 $22,614 
   Nonperforming58 54 
      Total$27,261 $22,668 

The following tables present loans purchased and/or sold during the year by portfolio segment and excludes the business combination activity:

September 30, 2025Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
   Purchases$— $— $— $— $— $— $— $— $— 
   Sales— — 2,391 — — — — — 2,391 
December 31, 2024Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Purchases$— $— $— $— $— $— $— $— $— 
Sales— — — — — — — — —