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LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES
Total net loans receivable at March 31, 2026 and December 31, 2025 are summarized as follows:
March 31, 2026Percentage
of Total		December 31, 2025Percentage
of Total
Farmland$27,049 0.42 %$27,583 0.43 %
Owner-occupied, nonfarm nonresidential properties630,332 9.80 636,444 9.80 
Agricultural production and other loans to farmers6,053 0.09 5,989 0.09 
Loans to depository institutions— — 2,439 0.04 
Commercial and Industrial814,246 12.66 778,978 12.00 
Obligations (other than securities and leases) of states and political subdivisions169,180 2.63 171,486 2.64 
Other loans47,344 0.74 47,719 0.74 
Other construction loans and all land development and other land loans423,467 6.58 366,174 5.64 
Multifamily (5 or more) residential properties645,921 10.04 709,832 10.93 
Non-owner occupied, nonfarm nonresidential properties1,368,029 21.26 1,419,643 21.86 
1-4 Family Construction33,131 0.52 41,659 0.64 
Home equity lines of credit257,851 4.01 250,823 3.86 
Residential Mortgages secured by first liens1,746,877 27.15 1,763,071 27.15 
Residential Mortgages secured by junior liens132,593 2.06 140,790 2.17 
Other revolving credit plans51,529 0.80 48,953 0.75 
Automobile16,784 0.26 17,037 0.26 
Other consumer49,092 0.76 51,474 0.79 
Credit cards14,315 0.22 13,276 0.20 
Overdrafts227 — 370 0.01 
Total loans receivable$6,434,020 100.00 %$6,493,740 100.00 %
Less: Allowance for credit losses(67,055)(67,055)
Loans receivable, net$6,366,965 $6,426,685 
Net deferred loan origination fees (costs) included in the above loan table$(628)$(259)

The Corporation's outstanding loans receivable and related unfunded commitments are primarily concentrated within Central, Northwest and Northeast regions of Pennsylvania, Central and Northeast Ohio, Western New York and Southwest Virginia. The Bank attempts to limit concentrations within specific industries by utilizing dollar limitations to single industries or customers, and by entering into participation agreements with third parties. Collateral requirements are established based on management's assessment of the customer. The Corporation maintains lending policies to control the quality of the loan portfolio. These policies delegate the authority to extend loans under specific guidelines and underwriting standards. These policies are prepared by the Corporation's management and reviewed and approved annually by the Corporation's Board of Directors.

Syndicated loans, net of deferred fees and costs, are included in the commercial and industrial classification and totaled $78.3 million and $70.8 million as of March 31, 2026 and December 31, 2025, respectively.
Transactions in the allowance for credit losses for the three months ended March 31, 2026 were as follows:
Beginning
Allowance		(Charge-offs)Recoveries
Provision (Benefit) for Credit Losses on Loans Receivable(1)
Ending Allowance
Farmland$162 $— $— $(1)$161 
Owner-occupied, nonfarm nonresidential properties6,176 (47)— 32 6,161 
Agricultural production and other loans to farmers37 — — 1 38 
Loans to depository institutions20 — — (20)— 
Commercial and Industrial9,360 (108)45 851 10,148 
Obligations (other than securities and leases) of states and political subdivisions1,823 — — (53)1,770 
Other loans454 — — — 454 
Other construction loans and all land development and other land loans4,366 — — 342 4,708 
Multifamily (5 or more) residential properties
4,314 — — (153)4,161 
Non-owner occupied, nonfarm nonresidential properties15,467 — 3 (465)15,005 
1-4 Family Construction350 — — (71)279 
Home equity lines of credit1,884 — — 213 2,097 
Residential Mortgages secured by first liens15,910 (73)2 (477)15,362 
Residential Mortgages secured by junior liens1,732 — — (149)1,583 
Other revolving credit plans1,222 (26)19 199 1,414 
Automobile207 (3)3 (1)206 
Other consumer3,056 (489)21 499 3,087 
Credit cards146 (90)7 131 194 
Overdrafts369 (174)26 6 227 
Total loans$67,055 $(1,010)$126 $884 $67,055 
(1) Excludes provision for credit losses related to unfunded commitments. Note 10, "Off-Balance Sheet Commitments and Contingencies," to the condensed consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation.

Transactions in the allowance for credit losses for the three months ended March 31, 2025 were as follows:
Beginning
Allowance		(Charge-offs)Recoveries
Provision (Benefit) for Credit Losses on Loans Receivable(1)
Ending Allowance
Farmland$167 $— $— $(6)$161 
Owner-occupied, nonfarm nonresidential properties5,696 (23)14 140 5,827 
Agricultural production and other loans to farmers37 — — 2 39 
Commercial and Industrial7,759 (650)— 101 7,210 
Obligations (other than securities and leases) of states and political subdivisions1,369 — — 2 1,371 
Other loans329 — — (3)326 
Other construction loans and all land development and other land loans2,571 — — (2)2,569 
Multifamily (5 or more) residential properties2,969 — — 123 3,092 
Non-owner occupied, nonfarm nonresidential properties10,110 — — 62 10,172 
1-4 Family Construction198 — — (76)122 
Home equity lines of credit1,340 — — 224 1,564 
Residential Mortgages secured by first liens8,958 (34)— 175 9,099 
Residential Mortgages secured by junior liens1,343 — — 108 1,451 
Other revolving credit plans960 (3)1 (103)855 
Automobile275 — — (13)262 
Other consumer2,892 (567)12 584 2,921 
Credit cards127 (122)4 116 125 
Overdrafts257 (98)27 5 191 
Total loans$47,357 $(1,497)$58 $1,439 $47,357 
(1) Excludes provision for credit losses related to unfunded commitments. Note 10, "Off-Balance Sheet Commitments and Contingencies," to the condensed consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation.


The Corporation's allowance for credit losses is influenced by loan volumes, risk rating migration, delinquency status and other conditions influencing loss expectations, such as reasonable and supportable forecasts of economic conditions.
For the three months ended March 31, 2026, the allowance for credit losses remained unchanged, reflecting stable credit quality in the loan portfolio. Significant uncertainty persists in the domestic and global economic environment due to changes in U.S. tariffs and related actions by U.S. trading partners, elevated interest rates, inflationary pressures, fluctuating consumer confidence, and geopolitical events. The Corporation continues to monitor these conditions and other economic factors that may affect the financial strength of corporate and consumer borrowers, and management will update its estimate of expected credit losses as additional information becomes available.

Provision for credit losses was $998 thousand for the three months ended March 31, 2026, compared to $1.6 million for the three months ended March 31, 2025. The decrease in provision for credit losses was primarily due to a decrease in the loan portfolio, coupled with lower loan net charge-offs. In addition, included in the provision for credit losses for the three months ended March 31, 2026 was a provision of $114 thousand related to the allowance for unfunded commitments compared to $117 thousand provision, related to the allowance for unfunded commitments for the three months ended March 31, 2025.

The following tables present the amortized cost basis of loans receivable on nonaccrual status and loans receivable past due over 89 days still accruing as of March 31, 2026 and December 31, 2025, respectively:

March 31, 2026
NonaccrualNonaccrual With No Allowance for Credit LossLoans Receivable Past Due over 89 Days Still Accruing
Farmland$594 $594 $— 
Owner-occupied, nonfarm nonresidential properties8,753 8,057 — 
Commercial and Industrial10,125 8,602 — 
Other construction loans and all land development and other land loans4,036 367 — 
Multifamily (5 or more) residential properties782 137 — 
Non-owner occupied, nonfarm nonresidential properties4,987 2,787 — 
Home equity lines of credit2,018 2,018 — 
Residential Mortgages secured by first liens13,040 13,040 1 
Residential Mortgages secured by junior liens1,024 1,024 — 
Other revolving credit plans52 52 — 
Automobile88 88 — 
Other consumer640 640 — 
Credit cards— — 105 
Total$46,139 $37,406 $106 

December 31, 2025
NonaccrualNonaccrual With No Allowance for Credit LossLoans Receivable Past Due over 89 Days Still Accruing
Farmland$554 $554 $— 
Owner-occupied, nonfarm nonresidential properties5,849 5,153 — 
Commercial and Industrial8,856 8,335 — 
Other construction loans and all land development and other land loans4,011 378 — 
Multifamily (5 or more) residential properties799 155 — 
Non-owner occupied, nonfarm nonresidential properties2,883 470 — 
Home equity lines of credit2,004 2,004 — 
Residential Mortgages secured by first liens12,971 12,685 — 
Residential Mortgages secured by junior liens1,088 587 — 
Other revolving credit plans41 41 — 
Automobile55 55 — 
Other consumer734 734 — 
Credit cards— — 42 
Total$39,845 $31,151 $42 
All payments received while on nonaccrual status are applied against the principal balance of the loan. The Corporation does not recognize interest income while a loan is on nonaccrual status.

The following table presents the amortized cost basis of loans receivable that are individually evaluated and collateral-dependent by class of loans as of March 31, 2026:
Real Estate CollateralNon-Real Estate Collateral
Farmland$273 $— 
Owner-occupied, nonfarm nonresidential properties2,315 — 
Commercial and Industrial366 2,937 
Other construction loans and all land development and other land loans3,669 — 
Multifamily (5 or more) residential properties782 — 
Non-owner occupied, nonfarm nonresidential properties2,200 — 
Home equity lines of credit1,002 — 
Residential Mortgages secured by first liens2,423 — 
Residential Mortgages secured by junior liens391 — 
Total$13,421 $2,937 

The following table presents the amortized cost basis of loans receivable that are individually evaluated and collateral-dependent by class of loans as of December 31, 2025:
Real Estate CollateralNon-Real Estate Collateral
Farmland$312 $— 
Owner-occupied, nonfarm nonresidential properties2,542 — 
Commercial and Industrial373 3,045 
Other construction loans and all land development and other land loans3,633 — 
Multifamily (5 or more) residential properties799 — 
Non-owner occupied, nonfarm nonresidential properties2,413 — 
Home equity lines of credit1,011 — 
Residential Mortgages secured by first liens2,487 — 
Residential Mortgages secured by junior liens501 — 
Total$14,071 $3,045 
The following table presents the aging of the amortized cost basis in past-due loans receivable as of March 31, 2026 by class of loans:
30 - 59
Days Past Due		60 - 89
Days Past Due		Greater Than 89
Days Past Due		Total Past DueLoans Receivable Not Past DueTotal
Farmland$— $358 $255 $613 $26,436 $27,049 
Owner-occupied, nonfarm nonresidential properties904 821 5,745 7,470 622,862 630,332 
Agricultural production and other loans to farmers— — — — 6,053 6,053 
Loans to depository institutions— — — — — — 
Commercial and Industrial745 605 8,004 9,354 804,892 814,246 
Obligations (other than securities and leases) of states and political subdivisions— — — — 169,180 169,180 
Other loans— — — — 47,344 47,344 
Other construction loans and all land development and other land loans174 — 1,565 1,739 421,728 423,467 
Multifamily (5 or more) residential properties437 — 645 1,082 644,839 645,921 
Non-owner occupied, nonfarm nonresidential properties669 200 2,256 3,125 1,364,904 1,368,029 
1-4 Family Construction— — — — 33,131 33,131 
Home equity lines of credit349 1,007 493 1,849 256,002 257,851 
Residential Mortgages secured by first liens13,968 3,758 6,272 23,998 1,722,879 1,746,877 
Residential Mortgages secured by junior liens298 48 180 526 132,067 132,593 
Other revolving credit plans13 10 37 60 51,469 51,529 
Automobile120 115 58 293 16,491 16,784 
Other consumer459 345 299 1,103 47,989 49,092 
Credit cards73 48 105 226 14,089 14,315 
Overdrafts— — — — 227 227 
Total$18,209 $7,315 $25,914 $51,438 $6,382,582 $6,434,020 
The following table presents the aging of the amortized cost basis in past-due loans receivable as of December 31, 2025 by class of loans:
30 - 59
Days Past Due		60 - 89
Days Past Due		Greater Than 89
Days Past Due		Total Past DueLoans Receivable Not Past Due Total
Farmland$— $— $241 $241 $27,342 $27,583 
Owner-occupied, nonfarm nonresidential properties3,962 4,316 2,454 10,732 625,712 636,444 
Agricultural production and other loans to farmers— — — — 5,989 5,989 
Loans to depository institutions— — — — 2,439 2,439 
Commercial and Industrial975 1,376 6,715 9,066 769,912 778,978 
Obligations (other than securities and leases) of states and political subdivisions— — — — 171,486 171,486 
Other loans— — — — 47,719 47,719 
Other construction loans and all land development and other land loans2,660 62 1,565 4,287 361,887 366,174 
Multifamily (5 or more) residential properties— — 645 645 709,187 709,832 
Non-owner occupied, nonfarm nonresidential properties3,171 — — 3,171 1,416,472 1,419,643 
1-4 Family Construction— — — — 41,659 41,659 
Home equity lines of credit1,115 373 801 2,289 248,534 250,823 
Residential Mortgages secured by first liens13,304 8,450 7,935 29,689 1,733,382 1,763,071 
Residential Mortgages secured by junior liens281 538 198 1,017 139,773 140,790 
Other revolving credit plans78 34 21 133 48,820 48,953 
Automobile217 19 23 259 16,778 17,037 
Other consumer426 319 329 1,074 50,400 51,474 
Credit cards139 67 42 248 13,028 13,276 
Overdrafts— — — — 370 370 
Total$26,328 $15,554 $20,969 $62,851 $6,430,889 $6,493,740 

Loan Modifications

Occasionally, the Corporation modifies loans to borrowers in financial distress by providing principal forgiveness, term extension, an other-than-insignificant payment delay or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses.

In some cases, the Corporation provides multiple types of concessions on one loan. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. For the loans included in the "combination" columns below, multiple types of modifications have been made on the same loan within the current reporting period. The combination is at least two of the following: a term extension, principal forgiveness, an other-than-insignificant payment delay and/or an interest rate reduction.
The following table presents the amortized cost basis of loans at March 31, 2026 that were both experiencing financial difficulty and modified during the three months ended March 31, 2026, by class and by type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below:

Principal ForgivenessPayment DelayTerm ExtensionInterest Rate ReductionCombination Payment Delay and Term ExtensionTotal Class of Financing Receivable
Commercial and Industrial$— $— $136 $— $— — %
Other construction loans and all land development and other land loans— 143 — — — — 
Total$— $143 $136 $— $— — %

The following table presents the amortized cost basis of loans at March 31, 2025 that were both experiencing financial difficulty and modified during the three months ended March 31, 2025, by class and by type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below:

Principal ForgivenessPayment DelayTerm ExtensionInterest Rate ReductionCombination Payment Delay and Term ExtensionTotal Class of Financing Receivable
Commercial and Industrial$— $6,961 $166 $— $— 1.0 %
Other construction loans and all land development and other land loans— — 10,115 — — 3.5 
Non-owner occupied, nonfarm nonresidential properties— — 1,962 — — 0.2 
Total$— $6,961 $12,243 $— $— 0.4 %

The Corporation had no unfunded available credit to customers whose loan receivables are included in the previous tables.

The Corporation closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts.

The following table presents the performance of such loans that have been modified during the twelve months ended March 31, 2026:

Current30 - 59
Days Past Due		60 - 89
Days Past Due		Greater Than 89
Days Past Due		Total Past Due
Owner-occupied, nonfarm nonresidential properties$2,174 $— $— $— $— 
Commercial and Industrial136 — — — — 
Other construction loans and all land development and other land loans2,440 — — — — 
Multifamily (5 or more) residential properties
— 137 — — 137 
Non-owner occupied, nonfarm nonresidential properties2,200 — — — — 
Residential Mortgages secured by first liens200 — — — — 
Residential Mortgages secured by junior liens392 — — — — 
Total$7,542 $137 $— $— $137 
The following table presents the performance of such loans that have been modified during the twelve months ended March 31, 2025:

Current30 - 59
Days Past Due		60 - 89
Days Past Due		Greater Than 89
Days Past Due		Total Past Due
Farmland$1,041 $— $— $— $— 
Owner-occupied, nonfarm nonresidential properties696 — — — — 
Commercial and Industrial7,127 — — — — 
Other construction loans and all land development and other land loans10,115 — — — — 
Non-owner occupied, nonfarm nonresidential properties7,186 — — — — 
Residential Mortgages secured by first liens350 — — — — 
Residential Mortgages secured by junior liens28 — — — — 
Total$26,543 $— $— $— $— 

The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three months ended March 31, 2026:

Principal ForgivenessWeighted Average
Term Extension
(in years)		Weighted Average
Interest Rate Reduction
Commercial and Industrial$— 1.00— %
Total$— 1.00— %

The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three months ended March 31, 2025:

Principal ForgivenessWeighted Average
Term Extension
(in years)		Weighted Average
Interest Rate Reduction
Commercial and Industrial$— 0.96— %
Other construction loans and all land development and other land loans— 0.75— 
Non-owner occupied, nonfarm nonresidential properties— 0.50— 
Total$— 0.71— %

There were no loans that had a payment default during the three months ended March 31, 2026 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty.

There were no loans that had a payment default during the three months ended March 31, 2025 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty.

If the Corporation determines that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off and the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

Credit Quality Indicators

The Corporation categorizes loans receivable 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 Corporation analyzes loans individually to classify the loans as to credit risk.
The Corporation uses the following definitions for risk ratings:

Special Mention: A loan classified as special mention has 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 Corporation's credit position at some future date.

Substandard: A loan classified as substandard is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. The loan has a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. A substandard loan is characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected.

Doubtful: A loan classified as doubtful has 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.

The following tables represent the Corporation's commercial credit risk profile by risk rating. Loans receivable not rated as special mention, substandard, or doubtful are considered to be pass rated loans.

March 31, 2026
Non-Pass Rated
PassSpecial MentionSubstandardDoubtfulTotal Non-PassTotal
Farmland$21,674 $— $5,375 $— $5,375 $27,049 
Owner-occupied, nonfarm nonresidential properties594,612 7,223 28,497 — 35,720 630,332 
Agricultural production and other loans to farmers6,053 — — — — 6,053 
Loans to depository institutions— — — — — — 
Commercial and Industrial753,023 5,714 55,509 — 61,223 814,246 
Obligations (other than securities and leases) of states and political subdivisions169,180 — — — — 169,180 
Other loans46,194 1,150 — — 1,150 47,344 
Other construction loans and all land development and other land loans416,995 2,660 3,812 — 6,472 423,467 
Multifamily (5 or more) residential properties
637,892 3,300 4,729 — 8,029 645,921 
Non-owner occupied, nonfarm nonresidential properties1,337,374 10,782 19,873 — 30,655 1,368,029 
Total$3,982,997 $30,829 $117,795 $— $148,624 $4,131,621 
December 31, 2025
Non-Pass Rated
PassSpecial MentionSubstandardDoubtfulTotal Non-PassTotal
Farmland$22,370 $— $5,213 $— $5,213 $27,583 
Owner-occupied, nonfarm nonresidential properties607,698 2,708 26,038 — 28,746 636,444 
Agricultural production and other loans to farmers5,989 — — — — 5,989 
Loans to depository institutions2,439 — — — — 2,439 
Commercial and Industrial714,190 5,960 58,828 — 64,788 778,978 
Obligations (other than securities and leases) of states and political subdivisions171,486 — — — — 171,486 
Other loans46,569 1,150 — — 1,150 47,719 
Other construction loans and all land development and other land loans362,193 — 3,981 — 3,981 366,174 
Multifamily (5 or more) residential properties
699,736 3,432 6,664 — 10,096 709,832 
Non-owner occupied, nonfarm nonresidential properties1,390,810 10,788 18,045 — 28,833 1,419,643 
Total$4,023,480 $24,038 $118,769 $— $142,807 $4,166,287 
The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by risk grade within each portfolio segment as of March 31, 2026. Current period originations may include modifications.
Term Loans Amortized Cost Basis by Origination Year
20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
Farmland
Risk rating
Pass$252 $3,730 $122 $745 $4,565 $11,809 $451 $— $21,674 
Special mention— — — — — — — — — 
Substandard— — 155 100 4,739 381 — — 5,375 
Total$252 $3,730 $277 $845 $9,304 $12,190 $451 $— $27,049 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Owner-occupied, nonfarm nonresidential properties
Risk rating
Pass$11,853 $74,103 $80,309 $69,030 $111,188 $232,752 $15,377 $— $594,612 
Special mention27 1,215 — 2,464 233 2,928 356 — 7,223 
Substandard— 99 14,652 2,002 6,387 4,551 806 — 28,497 
Total$11,880 $75,417 $94,961 $73,496 $117,808 $240,231 $16,539 $— $630,332 
Current period gross write offs$— $— $— $— $42 $5 $— $— $47 
Agricultural production and other loans to farmers
Risk rating
Pass$— $52 $4,767 $393 $— $31 $810 $— $6,053 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total$— $52 $4,767 $393 $— $31 $810 $— $6,053 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Loans to depository institutions
Risk rating
Pass$— $— $— $— $— $— $— $— $— 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total$— $— $— $— $— $— $— $— $— 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Commercial and Industrial
Risk rating
Pass$73,640 $118,629 $100,580 $25,208 $65,863 $55,554 $313,549 $— $753,023 
Special mention— 18 409 30 — 1,183 4,074 — 5,714 
Substandard133 1,526 228 3,808 12,417 1,490 35,907 — 55,509 
Total$73,773 $120,173 $101,217 $29,046 $78,280 $58,227 $353,530 $— $814,246 
Current period gross write offs$— $— $37 $— $71 $— $— $— $108 
Obligations (other than securities and leases) of states and political subdivisions
Risk rating
Pass$703 $1,122 $6,260 $30,708 $17,900 $109,044 $3,443 $— $169,180 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total$703 $1,122 $6,260 $30,708 $17,900 $109,044 $3,443 $— $169,180 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
Other loans
Risk rating
Pass$200 $23,281 $819 $2,885 $11,728 $5,567 $1,714 $— $46,194 
Special mention— — — — — — 1,150 — 1,150 
Substandard— — — — — — — — — 
Total$200 $23,281 $819 $2,885 $11,728 $5,567 $2,864 $— $47,344 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other construction loans and all land development and other land loans
Risk rating
Pass$13,155 $154,533 $108,836 $72,238 $36,351 $6,195 $25,687 $— $416,995 
Special mention— 2,660 — — — — — — 2,660 
Substandard— — 2,297 — 143 1,372 — — 3,812 
Total$13,155 $157,193 $111,133 $72,238 $36,494 $7,567 $25,687 $— $423,467 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Multifamily (5 or more) residential properties
Risk rating
Pass$5,044 $123,085 $43,504 $88,189 $252,264 $123,170 $2,636 $— $637,892 
Special mention— — — — — 3,300 — — 3,300 
Substandard— 3,947 — 137 — 645 — — 4,729 
Total$5,044 $127,032 $43,504 $88,326 $252,264 $127,115 $2,636 $— $645,921 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Non-owner occupied, nonfarm nonresidential properties
Risk rating
Pass$18,597 $155,713 $173,050 $214,382 $373,403 $388,447 $13,782 $— $1,337,374 
Special mention— 10,112 — 57 205 — 408 — 10,782 
Substandard— 62 13,630 739 468 4,974 — — 19,873 
Total$18,597 $165,887 $186,680 $215,178 $374,076 $393,421 $14,190 $— $1,368,029 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by risk grade within each portfolio segment as of December 31, 2025. Current period originations may include modifications.
Term Loans Amortized Cost Basis by Origination Year
20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
Farmland
Risk rating
Pass$3,753 $123 $852 $4,898 $5,664 $6,500 $580 $— $22,370 
Special mention— — — — — — — — — 
Substandard— 163 — 4,618 — 432 — — 5,213 
Total$3,753 $286 $852 $9,516 $5,664 $6,932 $580 $— $27,583 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Owner-occupied, nonfarm nonresidential properties
Risk rating
Pass$73,282 $73,484 $77,896 $118,194 $113,910 $139,469 $11,463 $— $607,698 
Special mention50 — 226 236 337 1,749 110 — 2,708 
Substandard102 14,681 2,239 3,097 933 4,179 807 — 26,038 
Total$73,434 $88,165 $80,361 $121,527 $115,180 $145,397 $12,380 $— $636,444 
Current period gross write offs$— $— $— $1,516 $— $— $— $— $1,516 
Agricultural production and other loans to farmers
Risk rating
Pass$98 $4,816 $410 $5 $12 $24 $624 $— $5,989 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total$98 $4,816 $410 $5 $12 $24 $624 $— $5,989 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Loans to depository institutions
Risk rating
Pass$— $2,439 $— $— $— $— $— $— $2,439 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total$— $2,439 $— $— $— $— $— $— $2,439 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Commercial and Industrial
Risk rating
Pass$133,217 $109,670 $38,959 $81,882 $44,264 $31,010 $275,188 $— $714,190 
Special mention20 423 60 — 1,339 26 4,092 — 5,960 
Substandard2,250 274 3,947 12,928 407 925 38,097 — 58,828 
Total$135,487 $110,367 $42,966 $94,810 $46,010 $31,961 $317,377 $— $778,978 
Current period gross write offs$22 $49 $98 $9 $26 $147 $656 $31 $1,038 
Obligations (other than securities and leases) of states and political subdivisions
Risk rating
Pass$933 $6,563 $30,181 $18,655 $39,626 $71,173 $4,355 $— $171,486 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Total$933 $6,563 $30,181 $18,655 $39,626 $71,173 $4,355 $— $171,486 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
Other loans
Risk rating
Pass$23,315 $860 $2,903 $11,888 $4,537 $1,362 $1,704 $— $46,569 
Special mention— — — — — — 1,150 — 1,150 
Substandard— — — — — — — — — 
Total$23,315 $860 $2,903 $11,888 $4,537 $1,362 $2,854 $— $47,719 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other construction loans and all land development and other land loans
Risk rating
Pass$126,890 $108,759 $71,368 $36,239 $7,249 $2,635 $9,053 $— $362,193 
Special mention— — — — — — — — — 
Substandard— 2,462 — 147 — 1,372 — — 3,981 
Total$126,890 $111,221 $71,368 $36,386 $7,249 $4,007 $9,053 $— $366,174 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Multifamily (5 or more) residential properties
Risk rating
Pass$129,491 $60,801 $91,724 $278,967 $79,805 $56,441 $2,507 $— $699,736 
Special mention— — — — 3,432 — — — 3,432 
Substandard5,721 — 299 — 644 — — — 6,664 
Total$135,212 $60,801 $92,023 $278,967 $83,881 $56,441 $2,507 $— $709,832 
Current period gross write offs$— $— $— $1,072 $— $— $— $— $1,072 
Non-owner occupied, nonfarm nonresidential properties
Risk rating
Pass$175,561 $163,033 $246,911 $388,071 $230,700 $179,764 $6,770 $— $1,390,810 
Special mention10,115 — 56 206 — — 411 — 10,788 
Substandard— 13,340 744 471 — 3,490 — — 18,045 
Total$185,676 $176,373 $247,711 $388,748 $230,700 $183,254 $7,181 $— $1,419,643 
Current period gross write offs$— $— $— $— $— $— $— $— $— 

The Corporation considers the performance of the loan portfolio and its impact on the allowance for credit losses. For 1-4 family construction, home equity lines of credit, residential mortgages secured by first liens, residential mortgages secured by junior liens, automobile, credit cards, other revolving credit plans and other consumer segments, the Corporation evaluates credit quality based on the performance status of the loan, which was previously presented, and by payment activity. Nonperforming loans include loans receivable on nonaccrual status and loans receivable past due over 89 days and still accruing interest.

March 31, 2026December 31, 2025
PerformingNonperformingTotalPerformingNonperformingTotal
1-4 Family Construction$33,131 $— $33,131 $41,659 $— $41,659 
Home equity lines of credit255,833 2,018 257,851 248,819 2,004 250,823 
Residential Mortgages secured by first liens1,733,837 13,040 1,746,877 1,750,100 12,971 1,763,071 
Residential Mortgages secured by junior liens131,569 1,024 132,593 139,702 1,088 140,790 
Other revolving credit plans51,477 52 51,529 48,912 41 48,953 
Automobile16,696 88 16,784 16,982 55 17,037 
Other consumer48,452 640 49,092 50,740 734 51,474 
Total$2,270,995 $16,862 $2,287,857 $2,296,914 $16,893 $2,313,807 
The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by payment activity within each portfolio segment as of March 31, 2026. Current period originations may include modifications.
Term Loans Amortized Cost Basis by Origination Year
20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
1-4 Family Construction
Payment performance
Performing$1,242 $15,837 $12,678 $3,322 $— $38 $14 $— $33,131 
Nonperforming— — — — — — — — — 
Total$1,242 $15,837 $12,678 $3,322 $— $38 $14 $— $33,131 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Home equity lines of credit
Payment performance
Performing$13,746 $74,912 $46,028 $25,312 $29,345 $49,508 $9,025 $7,957 $255,833 
Nonperforming— — — — — 32 35 1,951 2,018 
Total$13,746 $74,912 $46,028 $25,312 $29,345 $49,540 $9,060 $9,908 $257,851 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Residential mortgages secured by first lien
Payment performance
Performing$29,445 $180,985 $181,552 $190,491 $344,037 $804,775 $2,552 $— $1,733,837 
Nonperforming— 26 579 3,196 2,363 6,876 — — 13,040 
Total$29,445 $181,011 $182,131 $193,687 $346,400 $811,651 $2,552 $— $1,746,877 
Current period gross write offs$— $— $— $— $72 $1 $— $— $73 
Residential mortgages secured by junior liens
Payment performance
Performing$5,511 $27,382 $22,701 $24,004 $25,512 $24,710 $1,749 $— $131,569 
Nonperforming— 392 44 180 45 305 58 — 1,024 
Total$5,511 $27,774 $22,745 $24,184 $25,557 $25,015 $1,807 $— $132,593 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Other revolving credit plans
Payment performance
Performing$2,408 $8,575 $6,397 $5,229 $6,521 $22,347 $— $— $51,477 
Nonperforming— — 4 2 6 40 — — 52 
Total$2,408 $8,575 $6,401 $5,231 $6,527 $22,387 $— $— $51,529 
Current period gross write offs$— $— $— $— $4 $22 $— $— $26 
Automobile
Payment performance
Performing$1,790 $4,541 $3,595 $4,143 $1,651 $976 $— $— $16,696 
Nonperforming— — 23 11 53 1 — — 88 
Total$1,790 $4,541 $3,618 $4,154 $1,704 $977 $— $— $16,784 
Current period gross write offs$— $3 $— $— $— $— $— $— $3 
Other consumer
Payment performance
Performing$3,956 $18,765 $13,071 $5,906 $2,188 $4,566 $— $— $48,452 
Nonperforming— 141 253 101 73 72 — — 640 
Total$3,956 $18,906 $13,324 $6,007 $2,261 $4,638 $— $— $49,092 
Current period gross write offs$— $136 $201 $113 $27 $12 $— $— $489 
The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by payment activity within each portfolio segment as of December 31, 2025.
Term Loans Amortized Cost Basis by Origination Year
20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
1-4 Family Construction
Payment performance
Performing$18,062 $20,514 $3,043 $— $— $40 $— $— $41,659 
Nonperforming— — — — — — — — — 
Total$18,062 $20,514 $3,043 $— $— $40 $— $— $41,659 
Current period gross write offs$— $— $— $— $— $— $— $— $— 
Home equity lines of credit
Payment performance
Performing$73,131 $48,440 $27,018 $31,431 $10,894 $41,169 $10,387 $6,349 $248,819 
Nonperforming— — 47 — — 57 — 1,900 2,004 
Total$73,131 $48,440 $27,065 $31,431 $10,894 $41,226 $10,387 $8,249 $250,823 
Current period gross write offs$— $— $— $— $— $70 $— $— $70 
Residential mortgages secured by first lien
Payment performance
Performing$175,742 $183,335 $192,874 $350,908 $277,658 $567,167 $2,416 $— $1,750,100 
Nonperforming31 616 3,147 2,318 1,477 5,382 — — 12,971 
Total$175,773 $183,951 $196,021 $353,226 $279,135 $572,549 $2,416 $— $1,763,071 
Current period gross write offs$— $— $— $300 $32 $20 $— $— $352 
Residential mortgages secured by junior liens
Payment performance
Performing$27,734 $31,840 $25,138 $26,987 $11,589 $15,252 $1,162 $— $139,702 
Nonperforming501 44 133 31 111 210 58 — 1,088 
Total$28,235 $31,884 $25,271 $27,018 $11,700 $15,462 $1,220 $— $140,790 
Current period gross write offs$260 $— $— $— $— $— $— $— $260 
Other revolving credit plans
Payment performance
Performing$9,962 $4,754 $4,194 $6,642 $2,736 $20,470 $154 $— $48,912 
Nonperforming— 4 2 4 5 26 — — 41 
Total$9,962 $4,758 $4,196 $6,646 $2,741 $20,496 $154 $— $48,953 
Current period gross write offs$— $38 $4 $3 $7 $106 $— $— $158 
Automobile
Payment performance
Performing$5,071 $3,973 $4,780 $2,028 $342 $788 $— $— $16,982 
Nonperforming— 26 11 17 — 1 — — 55 
Total$5,071 $3,999 $4,791 $2,045 $342 $789 $— $— $17,037 
Current period gross write offs$18 $11 $23 $— $— $— $— $— $52 
Other consumer
Payment performance
Performing$21,250 $15,173 $6,872 $2,617 $1,166 $3,662 $— $— $50,740 
Nonperforming147 282 163 60 51 31 — — 734 
Total$21,397 $15,455 $7,035 $2,677 $1,217 $3,693 $— $— $51,474 
Current period gross write offs$141 $1,068 $715 $188 $72 $15 $— $— $2,199 
 March 31, 2026December 31, 2025
Credit card
Payment performance
Performing$14,210 $13,234 
Nonperforming105 42 
Total$14,315 $13,276 
Current period gross write offs$90 $502 

Holiday's loan portfolio, included in other consumer loans above, is summarized as follows at March 31, 2026 and December 31, 2025:

March 31, 2026December 31, 2025
Gross other consumer$9,934 $12,746 
Less: other consumer unearned discounts(1,006)(1,489)
Total other consumer loans, net of unearned discounts$8,928 $11,257