Loans (Tables)

3 Months Ended

Mar. 31, 2025

Loan Portfolio and Allowance for Credit 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, 2025 and December 31, 2024 (in thousands):

	March 31, 2025		December 31, 2024
Real estate loans:
Residential	$	350,221	$	351,398
Commercial		1,117,240		1,121,435
Agricultural		329,985		327,722
Construction		168,896		164,326
Consumer		129,943		133,207
Other commercial loans		137,529		131,310
Other agricultural loans		28,488		29,662
State and political subdivision loans		53,361		54,182
Total		2,315,663		2,313,242
Allowance for credit losses - loans		22,081		21,699
Net loans	$	2,293,582	$	2,291,543

Components of the Allowance for Credit Losses

The following table presents the components of the allowance for credit losses as of March 31, 2025 and December 31, 2024 (in thousands):

	March 31, 2025		December 31, 2024
Allowance for Credit Losses - Loans	$	22,081	$	21,699
Allowance for Credit Losses - Off-Balance Sheet credit Exposure		763		676
Total allowance for credit losses	$	22,844	$	22,375

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, 2025 and 2024 (in thousands):

	Allowance for Credit Losses - Loans			Allowance for Credit Losses - Off-Balance Sheet credit Exposure		Total
Balance at December 31, 2024	$	21,699		$	676	$	22,375
Loans charge-off		(185	)		-		(185	)
Recoveries of loans previously charged-off		29			-		29
Net loans charged-off		(156	)		-		(156	)
Provision for credit losses		538			87		625
Balance at March 31, 2025	$	22,081		$	763	$	22,844

	Allowance for Credit Losses - Loans			Allowance for Credit Losses - Off-Balance Sheet credit Exposure			Total
Balance at December 31, 2023	$	21,153		$	1,265		$	22,418
Loans charge-off		(674	)		-			(674	)
Recoveries of loans previously charged-off		7			-			7
Net loans charged-off		(667	)		-			(667	)
Provision for credit losses		1,112			(327	)		785
Balance at March 31, 2024	$	21,598		$	938		$	22,536

Activity of Allowance for Credit Losses - Loans by Portfolio Segment

The following tables presents the activity in the allowance for credit losses – loans, by portfolio segment, for the three months ended March 31, 2025 and 2024 (in thousands):

	For the three months ended March 31, 2025
	Balance at December 31, 2024		Charge-offs			Recoveries		Provision			Balance at March 31, 2025
Real estate loans:
Residential	$	1,940	$	-		$	-	$	1,273		$	3,213
Commercial		9,174		(40	)		-		103			9,237
Agricultural		3,529		-			-		821			4,350
Construction		1,402		-			-		150			1,552
Consumer		1,405		(22	)		26		9			1,418
Other commercial loans		3,699		(123	)		3		(1,547	)		2,032
Other agricultural loans		133		-			-		4			137
State and political subdivision loans		61		-			-		(4	)		57
Unallocated		356		-			-		(271	)		85
Total	$	21,699	$	(185	)	$	29	$	538		$	22,081

	For the three months ended March 31, 2024
	Balance at December 31, 2023		Charge-offs			Recoveries		Provision			Balance at March 31, 2024
Real estate loans:
Residential	$	2,354	$	-		$	-	$	(7	)	$	2,347
Commercial		9,178		-			-		563			9,741
Agricultural		3,264		-			-		408			3,672
Construction		1,950		-			-		(355	)		1,595
Consumer		1,496		(30	)		5		(205	)		1,266
Other commercial loans		2,229		(644	)		2		1,093			2,680
Other agricultural loans		270		-			-		(96	)		174
State and political subdivision loans		45		-			-		20			65
Unallocated		367		-			-		(309	)		58
Total	$	21,153	$	(674	)	$	7	$	1,112		$	21,598

Loans and Allowance for Credit Losses by Portfolio Segment

The following table presents the allowance for credit losses – loans and amortized cost basis of loans under CECL methodology as of March 31, 2025 and December 31, 2024 (in thousands):

	Allowance for Credit Losses - Loans						Loans
March 31, 2025	Collectively evaluated		Individually evaluated		Total Allowance for Credit Losses - Loans		Collectively evaluated		Individually evaluated		Total Loans
Real estate loans:
Residential	$	3,184	$	29	$	3,213	$	348,768	$	1,453	$	350,221
Commercial		9,150		87		9,237		1,102,159		15,081		1,117,240
Agricultural		4,350		-		4,350		326,283		3,702		329,985
Construction		1,552		-		1,552		167,494		1,402		168,896
Consumer		422		996		1,418		128,943		1,000		129,943
Other commercial loans		1,541		491		2,032		134,745		2,784		137,529
Other agricultural loans		137		-		137		28,077		411		28,488
State and political subdivision loans		57		-		57		53,361		-		53,361
Unallocated		85		-		85		-		-		-
Total	$	20,478	$	1,603	$	22,081	$	2,289,830	$	25,833	$	2,315,663

December 31, 2024
Real estate loans:
Residential	$	1,902	$	38	$	1,940	$	349,909	$	1,489	$	351,398
Commercial		9,070		104		9,174		1,105,847		15,588		1,121,435
Agricultural		3,529		-		3,529		323,660		4,062		327,722
Construction		1,402		-		1,402		164,043		283		164,326
Consumer		391		1,014		1,405		132,180		1,027		133,207
Other commercial loans		2,952		747		3,699		128,728		2,582		131,310
Other agricultural loans		133		-		133		29,125		537		29,662
State and political subdivision loans		61		-		61		54,182		-		54,182
Unallocated		356		-		356		-		-		-
Total	$	19,796	$	1,903	$	21,699	$	2,287,674	$	25,568	$	2,313,242

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, 2025 and December 31, 2024, respectively. The balances are presented by class of loan receivable (in thousands):

	March 31, 2025								December 31, 2024
	Nonaccrual With a related allowance		Nonaccrual Without a related allowance		90 days or greater past due and accruing		Total non- performing loans		Nonaccrual With a related allowance		Nonaccrual Without a related allowance		90 days or greater past due and accruing		Total non- performing loans
Real estate loans:
Mortgages	$	156	$	2,732	$	-	$	2,888	$	165	$	2,541	$	-	$	2,706
Home Equity		-		102		168		270		-		165		-		165
Commercial		2,085		9,195		74		11,354		2,099		12,265		-		14,364
Agricultural		-		3,702		314		4,016		-		4,062		269		4,331
Construction		-		1,402		789		2,191		-		283		-		283
Consumer		976		-		2		978		1,002		-		7		1,009
Other commercial loans		704		2,080		46		2,830		2,382		200		-		2,582
Other agricultural loans		-		411		-		411		-		537		-		537
	$	3,921	$	19,624	$	1,393	$	24,938	$	5,648	$	20,053	$	276	$	25,977

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, 2025 and December 31, 2024 (in thousands):

March 31, 2025	Real Estate		Business Assets		None		Total
Real estate loans:
Mortgages	$	2,888	$	-	$	-	$	2,888
Home Equity		102		-		-		102
Commercial		11,280		-		-		11,280
Agricultural		3,702		-		-		3,702
Construction		1,402		-		-		1,402
Consumer		-		-		976		976
Other commercial loans		-		2,784		-		2,784
Other agricultural loans		-		411		-		411
	$	19,374	$	3,195	$	976	$	23,545


December 31, 2024	Real Estate		Business Assets		None		Total
Real estate loans:
Mortgages	$	2,706	$	-	$	-	$	2,706
Home Equity		165		-		-		165
Commercial		14,364		-		-		14,364
Agricultural		4,062		-		-		4,062
Construction		283		-		-		283
Consumer		-		-		1,002		1,002
Other commercial loans		-		2,582		-		2,582
Other agricultural loans		-		537		-		537
	$	21,580	$	3,119	$	1,002	$	25,701

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, 2025 and December 31, 2024 (in thousands):

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
March 31, 2025	2025		2024		2023		2022		2021		Prior		Cost Basis		to Term		Total
Commercial real estate
Risk Rating
Pass	$	18,984	$	52,745	$	85,354	$	358,282	$	187,214	$	326,128	$	28,693	$	1,755	$	1,059,155
Special Mention		-		-		807		630		1,865		9,029		1,678		-		14,009
Substandard		-		84		1,054		23,686		5,066		13,675		156		355		44,076
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	18,984	$	52,829	$	87,215	$	382,598	$	194,145	$	348,832	$	30,527	$	2,110	$	1,117,240
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	40	$	-	$	-	$	40

Agricultural real estate
Risk Rating
Pass	$	12,645	$	30,143	$	21,769	$	45,766	$	25,417	$	150,303	$	13,297	$	206	$	299,546
Special Mention		-		2,813		3,070		6,904		-		5,364		2,326		-		20,477
Substandard		-		704		139		2,167		1,228		5,014		599		111		9,962
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	12,645	$	33,660	$	24,978	$	54,837	$	26,645	$	160,681	$	16,222	$	317	$	329,985
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Construction
Risk Rating
Pass	$	3,387	$	53,069	$	53,984	$	44,312	$	-	$	-	$	4,466	$	-	$	159,218
Special Mention		-		-		-		4,539		2,948		-		-		-		7,487
Substandard		-		-		789		1,119		283		-		-		-		2,191
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	3,387	$	53,069	$	54,773	$	49,970	$	3,231	$	-	$	4,466	$	-	$	168,896
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Other commercial loans
Risk Rating
Pass	$	2,372	$	31,799	$	21,766	$	6,371	$	7,245	$	5,083	$	52,207	$	72	$	126,915
Special Mention		-		179		-		5,929		159		93		579		32		6,971
Substandard		-		-		-		196		40		838		512		1,852		3,438
Doubtful		-		-		-		-		-		-		192		13		205
Total	$	2,372	$	31,978	$	21,766	$	12,496	$	7,444	$	6,014	$	53,490	$	1,969	$	137,529
Current period gross charge-offs	$	-	$	48	$	-	$	-	$	-	$	-	$	75	$	-	$	123

Other agricultural loans
Risk Rating
Pass	$	4,668	$	4,320	$	1,850	$	759	$	3,298	$	504	$	10,631	$	-	$	26,030
Special Mention		-		1,312		-		-		-		-		65		-		1,377
Substandard		-		-		302		451		7		84		231		6		1,081
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	4,668	$	5,632	$	2,152	$	1,210	$	3,305	$	588	$	10,927	$	6	$	28,488
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

State and political subdivision loans
Risk Rating
Pass	$	60	$	-	$	1,425	$	13,430	$	10,378	$	28,068	$	-	$	-	$	53,361
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	60	$	-	$	1,425	$	13,430	$	10,378	$	28,068	$	-	$	-	$	53,361
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Total
Risk Rating
Pass	$	42,116	$	172,076	$	186,148	$	468,920	$	233,552	$	510,086	$	109,294	$	2,033	$	1,724,225
Special Mention		-		4,304		3,877		18,002		4,972		14,486		4,648		32		50,321
Substandard		-		788		2,284		27,619		6,624		19,611		1,498		2,324		60,748
Doubtful		-		-		-		-		-		-		192		13		205
Total	$	42,116	$	177,168	$	192,309	$	514,541	$	245,148	$	544,183	$	115,632	$	4,402	$	1,835,499

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
December 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		to Term		Total
Commercial real estate
Risk Rating
Pass	$	52,122	$	84,465	$	360,989	$	200,869	$	114,839	$	223,601	$	28,178	$	1,786	$	1,066,849
Special Mention		-		810		3,495		1,874		1,372		8,501		1,674		-		17,726
Substandard		85		1,057		19,884		2,843		629		11,785		176		401		36,860
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	52,207	$	86,332	$	384,368	$	205,586	$	116,840	$	243,887	$	30,028	$	2,187	$	1,121,435
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Agricultural real estate
Risk Rating
Pass	$	32,199	$	22,372	$	46,644	$	26,132	$	29,770	$	126,876	$	14,351	$	115	$	298,459
Special Mention		2,930		3,138		7,109		-		-		5,315		2,248		-		20,740
Substandard		708		140		2,179		1,250		-		3,604		529		113		8,523
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	35,837	$	25,650	$	55,932	$	27,382	$	29,770	$	135,795	$	17,128	$	228	$	327,722
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Construction
Risk Rating
Pass	$	48,026	$	56,916	$	34,995	$	-	$	-	$	-	$	1,355	$	-	$	141,292
Special Mention		-		-		19,391		2,950		-		-		-		-		22,341
Substandard		-		-		410		283		-		-		-		-		693
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	48,026	$	56,916	$	54,796	$	3,233	$	-	$	-	$	1,355	$	-	$	164,326
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Other commercial loans
Risk Rating
Pass	$	33,211	$	22,808	$	6,773	$	7,542	$	2,150	$	3,464	$	44,871	$	75	$	120,894
Special Mention		20		-		1,798		178		62		56		4,888		32		7,034
Substandard		213		-		195		-		234		641		422		1,661		3,366
Doubtful		-		-		-		-		-		-		-		16		16
Total	$	33,444	$	22,808	$	8,766	$	7,720	$	2,446	$	4,161	$	50,181	$	1,784	$	131,310
Current period gross charge-offs	$	-	$	-	$	59	$	-	$	-	$	-	$	2,502	$	-	$	2,561

Other agricultural loans
Risk Rating
Pass	$	4,576	$	2,008	$	888	$	3,870	$	407	$	220	$	14,812	$	-	$	26,781
Special Mention		1,341		-		-		-		-		400		67		-		1,808
Substandard		-		354		455		9		-		113		131		11		1,073
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	5,917	$	2,362	$	1,343	$	3,879	$	407	$	733	$	15,010	$	11	$	29,662
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

State and political subdivision loans
Risk Rating
Pass	$	-	$	1,442	$	13,460	$	10,522	$	5,319	$	23,439	$	-	$	-	$	54,182
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	-	$	1,442	$	13,460	$	10,522	$	5,319	$	23,439	$	-	$	-	$	54,182
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Total
Risk Rating
Pass	$	170,134	$	190,011	$	463,749	$	248,935	$	152,485	$	377,600	$	103,567	$	1,976	$	1,708,457
Special Mention		4,291		3,948		31,793		5,002		1,434		14,272		8,877		32		69,649
Substandard		1,006		1,551		23,123		4,385		863		16,143		1,258		2,186		50,515
Doubtful		-		-		-		-		-		-		-		16		16
Total	$	175,431	$	195,510	$	518,665	$	258,322	$	154,782	$	408,015	$	113,702	$	4,210	$	1,828,637

For residential real estate mortgage loans, home equity loans, 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 above, and all loans past due 90 or more days and still accruing. The following tables present the recorded investment in those loan classes based on payment activity, by origination year, as of March 31, 2025 and December 31, 2024 (in thousands):

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
March 31, 2025	2025		2024		2023		2022		2021		Prior		Cost Basis		to Term		Total
Residential real estate
Payment Performance
Performing	$	2,305	$	13,067	$	24,289	$	87,952	$	44,816	$	125,853	$	-	$	-	$	298,282
Nonperforming		-		-		-		374		733		1,781		-		-		2,888
Total	$	2,305	$	13,067	$	24,289	$	88,326	$	45,549	$	127,634	$	-	$	-	$	301,170
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Home equity
Payment Performance
Performing	$	942	$	3,065	$	3,102	$	2,281	$	1,396	$	8,646	$	29,081	$	268	$	48,781
Nonperforming		-		-		-		16		-		86		94		74		270
Total	$	942	$	3,065	$	3,102	$	2,297	$	1,396	$	8,732	$	29,175	$	342	$	49,051
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Consumer
Payment Performance
Performing	$	441	$	1,490	$	724	$	508	$	480	$	2,803	$	122,518	$	1	$	128,965
Nonperforming		-		-		-		1		-		977		-		-		978
Total	$	441	$	1,490	$	724	$	509	$	480	$	3,780	$	122,518	$	1	$	129,943
Current period gross charge-offs	$	-	$	-	$	7	$	-	$	-	$	5	$	10	$	-	$	22

Total
Payment Performance
Performing	$	3,688	$	17,622	$	28,115	$	90,741	$	46,692	$	137,302	$	151,599	$	269	$	476,028
Nonperforming		-		-		-		391		733		2,844		94		74		4,136
Total	$	3,688	$	17,622	$	28,115	$	91,132	$	47,425	$	140,146	$	151,693	$	343	$	480,164

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
December 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		to Term		Total
Residential real estate
Payment Performance
Performing	$	11,487	$	23,870	$	88,581	$	45,731	$	27,537	$	101,823	$	-	$	-	$	299,029
Nonperforming		-		-		382		751		463		1,110		-		-		2,706
Total	$	11,487	$	23,870	$	88,963	$	46,482	$	28,000	$	102,933	$	-	$	-	$	301,735
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	5	$	-	$	-	$	5

Home equity
Payment Performance
Performing	$	2,987	$	3,456	$	2,418	$	1,454	$	1,525	$	7,937	$	29,302	$	419	$	49,498
Nonperforming		-		-		-		-		83		82		-		-		165
Total	$	2,987	$	3,456	$	2,418	$	1,454	$	1,608	$	8,019	$	29,302	$	419	$	49,663
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Consumer
Payment Performance
Performing	$	2,076	$	880	$	589	$	543	$	317	$	2,520	$	125,272	$	1	$	132,198
Nonperforming		-		7		-		-		6		996		-		-		1,009
Total	$	2,076	$	887	$	589	$	543	$	323	$	3,516	$	125,272	$	1	$	133,207
Current period gross charge-offs	$	-	$	13	$	27	$	-	$	-	$	38	$	29	$	-	$	107

Total
Payment Performance
Performing	$	16,550	$	28,206	$	91,588	$	47,728	$	29,379	$	112,280	$	154,574	$	420	$	480,725
Nonperforming		-		7		382		751		552		2,188		-		-		3,880
Total	$	16,550	$	28,213	$	91,970	$	48,479	$	29,931	$	114,468	$	154,574	$	420	$	484,605

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, 2025 and December 31, 2024 (in thousands):

March 31, 2025	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans Receivables
Real estate loans:
Mortgages	$	2,345	$	1,522	$	1,379	$	5,246	$	295,924	$	301,170
Home Equity		106		82		253		441		48,610		49,051
Commercial		6,083		3,476		4,068		13,627		1,103,613		1,117,240
Agricultural		1,251		117		2,503		3,871		326,114		329,985
Construction		-		-		2,191		2,191		166,705		168,896
Consumer		52		37		977		1,066		128,877		129,943
Other commercial loans		261		125		2,430		2,816		134,713		137,529
Other agricultural loans		-		100		403		503		27,985		28,488
State and political subdivision loans		-		-		-		-		53,361		53,361
Total	$	10,098	$	5,459	$	14,204	$	29,761	$	2,285,902	$	2,315,663

Loans considered non-accrual	$	5,400	$	525	$	12,811	$	18,736	$	4,809	$	23,545
Loans still accruing		4,698		4,934		1,393		11,025		2,281,093		2,292,118
Total	$	10,098	$	5,459	$	14,204	$	29,761	$	2,285,902	$	2,315,663

December 31, 2024	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans Receivables
Real estate loans:
Mortgages	$	1,464	$	227	$	1,605	$	3,296	$	298,439	$	301,735
Home Equity		138		170		148		456		49,207		49,663
Commercial		2,782		1,360		6,528		10,670		1,110,765		1,121,435
Agricultural		1,569		140		1,845		3,554		324,168		327,722
Construction		1,119		-		283		1,402		162,924		164,326
Consumer		292		20		1,009		1,321		131,886		133,207
Other commercial loans		478		282		2,336		3,096		128,214		131,310
Other agricultural loans		403		-		-		403		29,259		29,662
State and political subdivision loans		-		-		-		-		54,182		54,182
Total	$	8,245	$	2,199	$	13,754	$	24,198	$	2,289,044	$	2,313,242

Loans considered non-accrual	$	2,428	$	-	$	13,478	$	15,906	$	9,795	$	25,701
Loans still accruing		5,817		2,199		276		8,292		2,279,249		2,287,541
Total	$	8,245	$	2,199	$	13,754	$	24,198	$	2,289,044	$	2,313,242

Modifications to Borrowers Experiencing Financial Difficulty

The following table shows, the amortized cost basis by class of loans receivable, information regarding nonaccrual modified loans to borrowers experiencing financial difficulty during the three months ended March 31, 2025 (dollars in thousands):

Loan Modifications Made to Borrowers Experiencing Financial Difficulty
	Three months ended March 31, 2025
	Number of loans		Amortized Cost Basis		% of Total Class of Financing Receivable
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
Other commercial loans		1	$	190		0.14	%
Total		1	$	190

The following table shows, by class of loans receivable, information regarding the financial effect on nonaccrual modified loans to borrowers experiencing financial difficulty during the three months ended March 31, 2025:

Three months ended March 31, 2025
Term Extension
Loan Type	Number of loans		Financial Effect
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty
Other commercial loans		1	Extended the loan maturity 10 years as termed out or line of credit
Total		1

There were no nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults after the modification date for the three and nine months ended March 31, 2025.

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, 2025 (in thousands):

	March 31, 2025
			30-89 Days		90 Days
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty	Current		Past Due		Or Greater		Total
Other commercial loans	$	190	$	-	$	-	$	190
Total	$	190	$	-	$	-	$	190