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Loans (Tables)
 3 Months Ended
Mar. 31, 2023
Loans [Abstract]  
Loan Portfolio and Allowance for Loan Losses The following table summarizes the primary segments of the loan portfolio and how those segments are analyzed within the allowance for credit losses - loans as of March 31, 2023 and December 31, 2022 (in thousands):


 
March 31, 2023
     December 31, 2022  
Real estate loans:
            
Residential
  
$
212,793
    
$
210,213
  
Commercial
    
878,972
      
876,569
  
Agricultural
    
312,793
      
313,614
  
Construction
    
75,745
      
80,691
  
Consumer
    
87,101
      
86,650
  
Other commercial loans
    
64,133
      
63,222
  
Other agricultural loans
    
32,052
      
34,832
  
State and political subdivision loans
    
59,886
      
59,208
  
Total
    
1,723,475
      
1,724,999
  
Allowance for credit losses - loans
    
15,250
      
18,552
  
Net loans
  
$
1,708,225
    
$
1,706,447
  
Components of the Allowance for Credit Losses

The following table presents the components of the allowance for credit losses as of March 31, 2023 (in thousands):

   
March 31, 2023
  
Allowance for Credit Losses – Loans
  
$
15,250
  
Allowance for Credit Losses - Off-Balance Sheet Credit Exposure
    
1,229
  
Total allowance for credit losses
  
$
16,479
  

The following table presents the components of the allowance for credit losses as of December 31, 2022 (in thousands):


 
December 31, 2022
  
Allowance for loan Losses
  
$
18,552
  
Reserve for unfunded commitments
    
165
  
Total allowance for credit losses
  
$
18,717
  
Activity in Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses for the three months ended March 31, 2023 (in thousands):


   
Allowance for Credit Losses - Loans
    
Allowance for Credit Losses - Off-Balance Sheet credit Exposure
    
Total
  
Balance at December 31, 2022
  
$
18,552
    
$
165
    
$
18,717
  
Impact of adopting CECL
    
(3,300
)
    
1,064
      
(2,236
)
Loans charge-off
    
(7
)
    
-
      
(7
)
Recoveries of loans previously charged-off
    
5
      
-
      
5
  
Net loans charged-off
    
(2
)
    
-
      
(2
)
Provision for credit losses
    
-
      
-
      
-
  
Balance at March 31, 2023
  
$
15,250
    
$
1,229
    
$
16,479
  

The following table presents the activity in the allowance for credit losses for the three months ended March 31, 2022 (in thousands):


  
Allowance for Loan Losses - Loans
    
Reserve for unfunded commitments
    
Total
  
Balance at December 31, 2021
  
$
17,304
    
$
165
    
$
17,469
  
                         
Loans charge-off
    
(5
)
    
-
      
(5
)
Recoveries of loans previously charged-off
    
7
      
-
      
7
  
Net loans charged-off
    
2
      
-
      
2
  
Provision for credit losses
    
250
      
-
      
250
  
Balance at March 31, 2022
  
$
17,556
    
$
165
    
$
17,721
  
Activity of Allowance for Credit Losses - Loans by Portfolio Segment

The following table presents the activity in the allowance for credit losses – loans, by portfolio segment, for the three months ended March 31, 2023.


  
For the three months ended March 31, 2023
  
   
Balance at December 31, 2022
    
Impact of adopting CECL
    
Charge-offs
    
Recoveries
    
Provision
    
Balance at March 31, 2023
  
Real estate loans:
                                    
     Residential
  
$
1,056
    
$
79
    
$
-
    
$
-
    
$
60
    
$
1,195
  
     Commercial
    
10,120
      
(3,070
)
    
-
      
-
      
(303
)
    
6,747
  
     Agricultural
    
4,589
      
(1,145
)
    
-
      
-
      
(35
)
    
3,409
  
     Construction
    
801
      
(103
)
    
-
      
-
      
153
      
851
  
Consumer
    
135
      
1,040
      
(7
)
    
4
      
48
      
1,220
  
Other commercial loans
    
1,040
      
(328
)
    
-
      
1
      
(1
)
    
712
  
Other agricultural loans
    
489
      
(219
)
    
-
      
-
      
(20
)
    
250
  
State and political 
                                               
subdivision loans
     322       (280 )     -       -       -       42  
Unallocated
    
-
      
726
      
-
      
-
      
98
      
824
  
Total
  
$
18,552
    
$
(3,300
)
  
$
(7
)
  
$
5
    
$
-
    
$
15,250
  


The following table presents the activity in the allowance for loan losses, by portfolio segment, for the three months ended March 31, 2022.

 
For the three months ended March 31, 2022
  
   
Balance at
December 31, 2021
    
Charge-offs
    
Recoveries
    
Provision
    
Balance at
March 31, 2022
  
Real estate loans:
                              
     Residential
  
$
1,147
    
$
-
    
$
-
    
$
(77
)
  
$
1,070
  
     Commercial
    
8,099
      
-
      
-
      
295
      
8,394
  
     Agricultural
    
4,729
      
-
      
-
      
(213
)
    
4,516
  
     Construction
    
434
      
-
      
-
      
63
      
497
  
Consumer
    
262
      
(5
)
    
5
      
(52
)
    
210
  
Other commercial loans
    
1,023
      
-
      
2
      
355
      
1,380
  
Other agricultural loans
    
558
      
-
      
-
      
(7
)
    
551
  
State and political 
                                       
subdivision loans
    
281
      
-
      
-
      
4
      
285
  
Unallocated
    
771
      
-
      
-
      
(118
)
    
653
  
Total
  
$
17,304
    
$
(5
)
  
$
7
    
$
250
    
$
17,556
  
Allowance for Credit Losses After Evaluation for Impairment


The following table presents the allowance for credit losses – loans and amortized cost basis of loans under CECL methodology as of March 31, 2023:



 		  
Allowance for Credit Losses – Loans
    
   
Loans
    
 
March 31, 2023
  
Collectively evaluated
   
Individually evaluated
    
Total Allowance
for Credit
Losses - Loans
    
Collectively evaluated
    
Individually evaluated
    
Total Loans
  
Real estate loans:
                                    
     Residential
  
$
1,169
    
$
26
    
$
1,195
    
$
212,535
    
$
258
    
$
212,793
  
     Commercial
    
6,576
      
171
      
6,747
      
872,802
      
6,170
      
878,972
  
     Agricultural
    
3,385
      
24
      
3,409
      
308,476
      
4,317
      
312,793
  
     Construction
    
594
      
257
      
851
      
73,388
      
2,357
      
75,745
  
Consumer
    
1,216
      
4
      
1,220
      
87,097
      
4
      
87,101
  
Other commercial loans
    
705
      
7
      
712
      
62,453
      
1,680
      
64,133
  
Other agricultural loans
    
250
      
-
      
250
      
31,719
      
333
      
32,052
  
State and political subdivision loans
    
42
      
-
      
42
      
59,886
      
-
      
59,886
  
Unallocated
    
824
      
-
      
824
      
-
      
-
      
-
  
Total
  
$
14,761
    
$
489
    
$
15,250
    
$
1,708,356
    
$
15,119
    
$
1,723,475
  

The following table presents loans and their related allowance for loan losses, by portfolio segment, as of December 31, 2022 (in thousands):


 
Allowance for loan losses
    
Loans
  

 
Collectively evaluated for impairment
    
Individually evaluated for impairment
    
Total allowance for loan losses
    
Collectively evaluated for impairment
    
Individually evaluated for impairment
    
Loans acquired with deteriorated credit quality
    
Total Loans
  
Real estate loans:
                                          
     Residential
  
$
4
    
$
1,052
    
$
1,056
    
$
209,869
    
$
335
    
$
9
    
$
210,213
  
     Commercial
    
57
      
10,063
      
10,120
      
869,038
      
5,675
      
1,856
      
876,569
  
     Agricultural
    
24
      
4,565
      
4,589
      
306,793
      
5,380
      
1,441
      
313,614
  
     Construction
    
-
      
801
      
801
      
80,691
      
-
      
-
      
80,691
  
Consumer
    
4
      
131
      
135
      
86,646
      
4
      
-
      
86,650
  
Other commercial loans
    
13
      
1,027
      
1,040
      
63,120
      
102
      
-
      
63,222
  
Other agricultural loans
    
-
      
489
      
489
      
34,359
      
473
      
-
      
34,832
  
State and political subdivision loans
    
-
      
322
      
322
      
59,208
      
-
      
-
      
59,208
  
Total
  
$
102
    
$
18,450
    
$
18,552
    
$
1,709,724
    
$
11,969
    
$
3,306
    
$
1,724,999
  
Loan Receivables on Nonaccrual Status

The following table reflects the non-performing loan receivables, as well as those on non-accrual status as of March 31, 2023 and December 31, 2022, respectively. The balances are presented by class of loan receivable (in thousands):

   
March 31, 2023
     December 31, 2022   
 
   
Nonaccrual With a
related allowance
    
Nonaccrual Without
a related allowance
    
90 days or greater
past due and
accruing
    
Total non-performing
loans
     Nonaccrual    
90 days or greater past
due and accruing
    
Total non-performing
loans
  
Real estate loans:
                                          
     Mortgages
  
$
37
    
$
448
    
$
7
    
$
492
     $ 562     $ -     $ 562  
     Home Equity
    
-
      
29
      
-
      
29
       29       -       29  
     Commercial
    
356
      
2,067
      
6
      
2,429
       2,778       -       2,778  
     Agricultural
    
188
      
2,881
      
-
      
3,069
       3,222       -       3,222  
     Construction
    
2,357
      
-
      
-
      
2,357
       -       -       -  
Consumer
    
-
      
-
      
-
      
-
       -       7       7  
Other commercial loans
    
34
      
1,674
      
35
      
1,743
       62       -       62  
Other agricultural loans
    
-
      
333
      
-
      
333
       285       -       285  
State and political subdivision
    
-
      
-
      
-
      
-
       -       -       -  
   
$
2,972
    
$
7,432
    
$
48
    
$
10,452
     $ 6,938     $ 7     $
6,945  
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans and Leases

The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of March 31, 2023 and December 31, 2022 (in thousands):

   
March 31, 2023
  
   
Real Estate
    
Other
    
None
    
Total
  
Real estate loans:
                        
     Mortgages
  
$
448
    
$
-
    
$
-
    
$
448
  
     Home Equity
    
66
      
-
      
-
      
66
  
     Commercial
    
2,423
      
-
      
-
      
2,423
  
     Agricultural
    
3,069
      
-
      
-
      
3,069
  
     Construction
    
2,357
      
-
      
-
      
2,357
  
Consumer
    
-
      
-
      
-
      
-
  
Other commercial loans
    
-
      
1,708
      
-
      
1,708
  
Other agricultural loans
    
-
      
333
      
-
      
333
  
State and political subdivision
    
-
      
-
      
-
      
-
  
   
$
8,363
    
$
2,041
      
-
    
$
10,404
  

   
December 31, 2022
  
   
Real Estate
    
Other
    
None
    
Total
  
Real estate loans:
                        
     Mortgages
  
$
562
    
$
-
    
$
-
    
$
562
  
     Home Equity
    
29
      
-
      
-
      
29
  
     Commercial
    
2,778
      
-
      
-
      
2,778
  
     Agricultural
    
3,222
      
-
      
-
      
3,222
  
     Construction
    
-
      
-
      
-
      
-
  
Consumer
    
-
      
-
      
-
      
-
  
Other commercial loans
    
-
      
62
      
-
      
62
  
Other agricultural loans
    
-
      
285
      
-
      
285
  
State and political subdivision
    
-
      
-
      
-
      
-
  
   
$
6,591
    
$
347
    
$
-
    
$
6,938
  
Financing Receivable Credit Exposures by Internally Assigned Grades, by Origination Year

The following tables represent credit exposures by internally assigned grades, by origination year as of March 31, 2023 (in thousands):


                                       
Revolving
    
Revolving
        
         
Loans
    
Loans
        
                                       
Amortized
    
Converted
        
December 31, 2023
  
2023
    
2022
    
2021
    
2020
    
2019
    
Prior
    
Cost Basis
    
to Term
    
Total
  
Commercial real estate
                                                      
Risk Rating
                                                      
Pass
  
$
18,067
    
$
250,390
    
$
166,134
    
$
106,848
    
$
72,432
    
$
208,583
    
$
24,312
    
$
1,206
    
$
847,972
  
Special Mention
    
-
      
8,864
      
-
      
337
      
6,746
      
8,295
      
276
      
-
      
24,518
  
Substandard
    
-
      
269
      
75
      
195
      
215
      
5,129
      
590
      
9
      
6,482
  
Total
  
$
18,067
    
$
259,523
    
$
166,209
    
$
107,380
    
$
79,393
    
$
222,007
    
$
25,178
    
$
1,215
    
$
878,972
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
Agricultural real estate
                                                                        
Risk Rating
                                                                        
Pass
  
$
6,208
    
$
49,878
    
$
31,817
    
$
33,894
    
$
27,686
    
$
132,206
    
$
11,936
    
$
1,345
    
$
294,970
  
Special Mention
    
-
      
3,061
      
1,430
      
-
      
-
      
6,938
      
70
      
3
      
11,502
  
Substandard
    
-
      
-
      
-
      
-
      
106
      
5,888
      
95
      
232
      
6,321
  
Total
  
$
6,208
    
$
52,939
    
$
33,247
    
$
33,894
    
$
27,792
    
$
145,032
    
$
12,101
    
$
1,580
    
$
312,793
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
Construction
                                    
-
                                  
Risk Rating
                                                                        
Pass
  
$
3,320
    
$
42,270
    
$
23,685
    
$
780
    
$
-
    
$
-
    
$
83
    
$
-
    
$
70,138
  
Special Mention
    
567
      
729
      
539
      
-
      
-
      
-
      
1,415
      
-
      
3,250
  
Substandard
    
-
      
-
      
2,357
      
-
      
-
      
-
      
-
      
-
      
2,357
  
Total
  
$
3,887
    
$
42,999
    
$
26,581
    
$
780
    
$
-
    
$
-
    
$
1,498
    
$
-
    
$
75,745
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
                                                                         
Other commercial loans
                                    
-
                                  
Risk Rating
                                                                        
Pass
  
$
2,139
    
$
6,336
    
$
9,123
    
$
5,208
    
$
6,459
    
$
5,446
    
$
26,635
    
$
118
    
$
61,464
  
Special Mention
    
-
      
93
      
233
      
-
      
105
      
62
      
128
      
40
      
661
  
Substandard
    
-
      
-
      
-
      
-
      
198
      
1,498
      
284
      
-
      
1,980
  
Doubtful
    
-
      
-
      
-
      
-
      
-
      
-
      
-
      
28
      
28
  
Total
  
$
2,139
    
$
6,429
    
$
9,356
    
$
5,208
    
$
6,762
    
$
7,006
    
$
27,047
    
$
186
    
$
64,133
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
Other agricultural loans
                                    
-
                                  
Risk Rating
                                                                        
 Pass
  
$
1,710
    
$
2,000
    
$
8,423
    
$
1,401
    
$
1,875
    
$
670
    
$
13,979
    
$
-
    
$
30,058
  
Special Mention
    
-
      
552
      
35
      
51
      
10
      
67
      
478
      
-
      
1,193
  
Substandard
    
-
      
-
      
-
      
-
      
9
      
420
      
135
      
237
      
801
  
Total
  
$
1,710
    
$
2,552
    
$
8,458
    
$
1,452
    
$
1,894
    
$
1,157
    
$
14,592
    
$
237
    
$
32,052
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
State and political subdivision loans
                                    
-
                                  
Risk Rating
                                                                        
 Pass
  
$
-
    
$
16,490
    
$
12,271
    
$
4,607
    
$
7
    
$
26,511
    
$
-
    
$
-
    
$
59,886
  
Special Mention
    
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Substandard
    
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Total
  
$
-
    
$
16,490
    
$
12,271
    
$
4,607
    
$
7
    
$
26,511
    
$
-
    
$
-
    
$
59,886
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
                                                                         
Total
                                    
-
                                  
Risk Rating
                                                                        
Pass
  
$
31,444
    
$
367,364
    
$
251,453
    
$
152,738
    
$
108,459
    
$
373,416
    
$
76,945
    
$
2,669
    
$
1,364,488
  
Special Mention
    
567
      
13,299
      
2,237
      
388
      
6,861
      
15,362
      
2,367
      
43
      
41,124
  
Substandard
    
-
      
269
      
2,432
      
195
      
528
      
12,935
      
1,104
      
478
      
17,941
  
Doubtful
    
-
      
-
      
-
      
-
      
-
      
-
      
-
      
28
      
28
  
Total
  
$
32,011
    
$
380,932
    
$
256,122
    
$
153,321
    
$
115,848
    
$
401,713
    
$
80,416
    
$
3,218
    
$
1,423,581
  


Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period, internal credit risk ratings for the indicated loan class segments as of December 31, 2022.

December 31, 2022
  
Pass
    
Special Mention
    
Substandard
    
Doubtful
    
Loss
    
Ending Balance
  
Real estate loans:
                                    
     Commercial
  
$
842,912
    
$
28,047
    
$
5,610
    
$
-
    
$
-
    
$
876,569
  
     Agricultural
    
295,443
      
11,960
      
6,211
      
-
      
-
      
313,614
  
     Construction
    
75,703
      
2,642
      
2,346
      
-
      
-
      
80,691
  
Other commercial loans
    
59,902
      
2,953
      
337
      
30
      
-
      
63,222
  
Other agricultural loans
    
32,708
      
1,307
      
817
      
-
      
-
      
34,832
  
State and political
                                               
subdivision loans
    
59,208
      
-
      
-
      
-
      
-
      
59,208
  
Total
  
$
1,365,876
    
$
46,909
    
$
15,321
    
$
30
    
$
-
    
$
1,428,136
  


For residential real estate mortgages, home equity and consumer loans, credit quality is monitored based on whether the loan is performing or non-performing, which is typically based on the aging status of the loan and payment activity, unless a specific action, such as bankruptcy, repossession, death or significant delay in payment occurs to raise awareness of a possible credit event. Non-performing loans include those loans that are considered nonaccrual, described in more detail below, and all loans past due 90 or more days and still accruing. The following table presents the recorded investment in those loan classes based on payment activity, by origination year, as of March 31, 2023 (in thousands):


                                       
Revolving
    
Revolving
        
         
Loans
    
Loans
        
                                       
Amortized
    
Converted
        
March 31, 2023
  
2023
    
2022
    
2021
    
2020
    
2019
    
Prior
    
Cost Basis
    
to Term
    
Total
  
Mortgage
                                                      
Payment Performance
                                                      
Performing
  
$
3,084
    
$
26,017
    
$
36,664
    
$
21,427
    
$
12,856
    
$
65,870
    
$
-
    
$
-
    
$
165,918
  
Nonperforming
    
-
      
-
      
-
      
-
      
-
      
485
      
-
      
-
      
485
  
Total
  
$
3,084
    
$
26,017
    
$
36,664
    
$
21,427
    
$
12,856
    
$
66,355
    
$
-
    
$
-
    
$
166,403
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
1
    
$
-
    
$
-
    
$
1
  
                                                                         
Home equity
                                    
-
                                  
Payment Performance
                                                                        
Performing
  
$
617
    
$
3,379
    
$
2,146
    
$
2,582
    
$
2,853
    
$
9,640
    
$
24,726
    
$
418
    
$
46,361
  
Nonperforming
    
-
      
-
      
-
      
-
      
-
      
29
      
-
      
-
      
29
  
Total
  
$
617
    
$
3,379
    
$
2,146
    
$
2,582
    
$
2,853
    
$
9,669
    
$
24,726
    
$
418
    
$
46,390
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
Consumer
                                    
-
                                  
Payment Performance
                                                                        
Performing
  
$
298
    
$
1,271
    
$
746
    
$
606
    
$
639
    
$
1,743
    
$
81,787
    
$
11
    
$
87,101
  
Nonperforming
    
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Total
  
$
298
    
$
1,271
    
$
746
    
$
606
    
$
639
    
$
1,743
    
$
81,787
    
$
11
    
$
87,101
  
Current period gross charge-offs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
6
    
$
-
    
$
6
  
                                                                         
Total
                                    
-
                                  
Payment Performance
                                                                        
Performing
  
$
3,999
    
$
30,667
    
$
39,556
    
$
24,615
    
$
16,348
    
$
77,253
    
$
106,513
    
$
429
    
$
299,380
  
Nonperforming
    
-
      
-
      
-
      
-
      
-
      
514
      
-
      
-
      
514
  
Total
  
$
3,999
    
$
30,667
    
$
39,556
    
$
24,615
    
$
16,348
    
$
77,767
    
$
106,513
    
$
429
    
$
299,894
  



Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period, internal credit risk ratings for the indicated loan class segments as of December 31, 2022.

December 31, 2022
  
Performing
    
Non-performing
    
PCI
    
Total
  
Real estate loans:
                                
Mortgages
  
$
161,998
    
$
562
    
$
9
    
$
162,569
  
Home Equity
    
47,615
      
29
      
-
      
47,644
  
Consumer
    
86,643
      
7
      
-
      
86,650
  
Total
  
$
296,256
    
$
598
    
$
9
    
$
296,863
  
Aging Analysis of Past Due Loan Receivables

Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table includes an aging analysis of the recorded investment of past due loan receivables as of March 31, 2023 and December 31, 2022 (in thousands):

March 31, 2023
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 Days
Or Greater
    
Total
Past
Due
    
Current
    
Total
Loans
Receivables
    
90 Days or
Greater and
Accruing
  
Real estate loans:
                                          
Mortgages
  
$
398
    
$
74
    
$
252
    
$
724
    
$
165,679
    
$
166,403
    
$
7
  
Home Equity
    
50
      
4
      
29
      
83
      
46,307
      
46,390
      
-
  
Commercial
    
198
      
130
      
1,601
      
1,929
      
877,043
      
878,972
      
6
  
Agricultural
    
59
      
-
      
1,379
      
1,438
      
311,355
      
312,793
      
-
  
Construction
    
-
      
-
      
-
      
-
      
75,745
      
75,745
      
-
  
Consumer
    
124
      
-
      
-
      
124
      
86,977
      
87,101
      
-
  
Other commercial loans
    
65
      
6
      
1,709
      
1,780
      
62,353
      
64,133
      
35
  
Other agricultural loans
    
307
      
-
      
-
      
307
      
31,745
      
32,052
      
-
  
State and political
                                                       
subdivision loans
    
-
      
-
      
-
      
-
      
59,886
      
59,886
      
-
  
Total
  
$
1,201
    
$
214
    
$
4,970
    
$
6,385
    
$
1,717,090
    
$
1,723,475
    
$
48
  
                                                         
Loans considered non-accrual
  
$
-
    
$
80
    
$
4,922
    
$
5,002
    
$
5,402
    
$
10,404
          
Loans still accruing
    
1,201
      
134
      
48
      
1,383
      
1,711,688
      
1,713,071
          
Total
  
$
1,201
    
$
214
    
$
4,970
    
$
6,385
    
$
1,717,090
    
$
1,723,475
          

December 31, 2022
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 Days
Or Greater
    
Total
Past
Due
    
Current
    
PCI
    
Total
Loan
Receivables
    
90 Days or
Greater and
Accruing
  
Real estate loans:
                                                
Mortgages
  
$
356
    
$
132
    
$
229
    
$
717
    
$
161,843
    
$
9
    
$
162,569
    
$
-
  
Home Equity
    
48
      
9
      
29
      
86
      
47,558
      
-
      
47,644
      
-
  
Commercial
    
1,065
      
115
      
1,788
      
2,968
      
871,745
      
1,856
      
876,569
      
-
  
Agricultural
    
-
      
-
      
1,368
      
1,368
      
310,805
      
1,441
      
313,614
      
-
  
Construction
    
-
      
-
      
-
      
-
      
80,691
      
-
      
80,691
      
-
  
Consumer
    
147
      
-
      
7
      
154
      
86,496
      
-
      
86,650
      
7
  
Other commercial loans
    
1,660
      
35
      
32
      
1,727
      
61,495
      
-
      
63,222
      
-
  
Other agricultural loans
    
-
      
-
      
-
      
-
      
34,832
      
-
      
34,832
      
-
  
State and political
                                                               
subdivision loans
    
-
      
-
      
-
      
-
      
59,208
      
-
      
59,208
      
-
  
Total
  
$
3,276
    
$
291
    
$
3,453
    
$
7,020
    
$
1,714,673
    
$
3,306
    
$
1,724,999
    
$
7
  
Loans considered non-accrual
  
$
46
    
$
76
    
$
3,446
    
$
3,568
    
$
3,370
    
$
-
    
$
6,938
          
Loans still accruing
    
3,230
      
215
      
7
      
3,452
      
1,711,303
      
3,306
      
1,718,061
          
Total
  
$
3,276
    
$
291
    
$
3,453
    
$
7,020
    
$
1,714,673
    
$
3,306
    
$
1,724,999
          
Modifications to Borrowers Experiencing Financial Difficulty

The following table shows, the amortized cost basis by class of loans receivable, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three months ended March 31, 2023 (dollars in thousands):



 
  
Number of loans
    
Amortized Cost Basis
    
% of Total Class of Financing Receivable
  
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
  
Real estate loans:
              
     Mortgages
    
1
    
$
131
      
0.08
%
     Commercial
    
4
      
1,759
      
0.20
%
Consumer
    
1
      
4
      
0.00
%
Total
    
6
    
$
1,894
          
 
                        
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
  
Real estate loans:
                  
     Commercial
    
1
    
$
97
      
0.01
%
Total
    
1
    
$
97
          



The following table shows, by class of loans receivable, information regarding the financial effect on accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three months ended March 31, 2023:


Term Extension
Loan Type
  
Number of loans
  
Financial Effect
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
  
 
Real estate loans:
      
  
     Mortgages
    
1
  
Extended the loan maturity 4 months
     Commercial
    
4
  
Extended the weighted average loan maturity 24 months
Consumer
    
1
  
Extended the loan maturity 24 months
Total
    
6
  
 
 
        
   
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
  
 
Real estate loans:
        
  
     Commercial
    
1
  
Extended the loan maturity 6 months
Total
    
1
  
 



There were no accruing or nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults after the modification date for the three months ended March 31, 2023.


The following presents, by class of loans, the amortized cost and payment status of accruing and nonaccrual modified loans to borrowers experiencing financial difficulty at March 31, 2023 (in thousands):

 
        
30-89 Days
    
90 Days
        
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
  
Current
    
Past Due
    
Or Greater
    
Total
  
Real estate loans:
                        
     Mortgages
  
$
131
    
$
-
    
$
-
    
$
131
  
     Commercial
    
1,759
      
-
      
-
      
1,759
  
Consumer
    
4
      
-
      
-
      
4
  
Total
  
$
1,894
    
$
-
    
$
-
    
$
1,894
  
 
                                
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
                                
Real estate loans:
                                
     Commercial
  
$
97
      
-
      
-
    
$
97
  
    Total
  
$
97
    
$
-
    
$
-
    
$
97