LOANS AND ALLOWANCE FOR CREDIT LOSSES

3 Months Ended

Mar. 31, 2024

Credit Loss [Abstract]

LOANS AND ALLOWANCE FOR CREDIT LOSSES

LOANS AND ALLOWANCE FOR CREDIT LOSSES

The composition of the loan portfolio, net of deferred origination fees and costs, is summarized as follows (in thousands):

	March 31, 2024		December 31, 2023
Commercial and agricultural:
Commercial and industrial	$	279,414	$	264,140
Agricultural	221		256
Commercial mortgages:
Construction	141,604		138,887
Commercial mortgages, other	1,004,198		984,038
Residential mortgages	277,246		277,992
Consumer loans:
Home equity lines and loans	87,608		87,056
Indirect consumer loans	204,081		210,423
Direct consumer loans	9,238		9,872
Total loans, net of deferred loan fees and costs	2,003,610		1,972,664
Allowance for credit losses	(20,471)		(22,517)
Loans, net	$	1,983,139	$	1,950,147

The Corporation's concentrations of credit risk by loan type are reflected in the preceding table. The concentrations of credit risk with standby letters of credit, committed lines of credit and commitments to originate new loans generally follow the loan classifications in the table above.

Accrued interest receivable on loans totaled $8.1 million as of March 31, 2024 and $7.8 million as of December 31, 2023. Accrued interest receivable on loans is included in the Accrued interest receivable and other assets line item on the Corporation's Consolidated Balance Sheets, and is excluded from the amortized cost basis of loans and estimate of the allowance for credit losses, as presented in this Note.

The following tables present the activity in the allowance for credit losses by portfolio segment for the three month periods ended March 31, 2024 and March 31, 2023 (in thousands):

	Three Months Ended March 31, 2024
Allowance for credit losses	Commercial and Agricultural		Commercial Mortgages		Residential Mortgages		Consumer Loans		Total
Beginning balance, January 1, 2024	$	5,055	$	12,026	$	2,194	$	3,242	$	22,517
Charge-offs	—		—		(16)		(351)		(367)
Recoveries	37		1		22		125		185
Net recoveries (charge-offs)	37		1		6		(226)		(182)
Provision (credit) (1)	(576)		(1,660)		(138)		510		(1,864)
Ending balance, March 31, 2024	$	4,516	$	10,367	$	2,062	$	3,526	$	20,471

(1)Additional provision related to off-balance sheet exposure was a credit of $176 thousand for the three months ended March 31, 2024.

The Corporation performs an annual update to the loss drivers used in modeling its estimate of the allowance for credit losses. Annual updates for the model in 2024 were completed during the three month period ended March 31, 2024.

	Three Months Ended March 31, 2023
Allowance for credit losses	Commercial and Agricultural		Commercial Mortgages		Residential Mortgages		Consumer Loans		Total
Beginning balance, January 1, 2023	$	3,373	$	11,576	$	1,845	$	2,865	$	19,659
Cumulative effect adjustment for the adoption of ASC 326	909		(695)		(16)		176		374
Beginning balance after cumulative effect adjustment	4,282		10,881		1,829		3,041		20,033
Charge-offs	(190)		—		—		(193)		(383)
Recoveries	6		—		—		108		114
Net recoveries (charge-offs)	(184)		—		—		(85)		(269)
Provision (credit) (1)	(45)		102		63		191		311
Ending balance, March 31, 2023	$	4,053	$	10,983	$	1,892	$	3,147	$	20,075

(1)Additional provision related to off-balance sheet exposure was a credit of $34 thousand for the three months ended March 31, 2023.

Unfunded Commitments

The allowance for credit losses on unfunded commitments is recognized as a liability, and included in the Accrued interest payable and other liabilities line item on the Corporation's Consolidated Balance Sheets, with adjustments to the allowance recognized in the Provision for credit losses on the Consolidated Statements of Income. The Corporation established an allowance for credit losses on unfunded commitments in conjunction with its adoption of ASC 326-Financial Instruments-Credit Losses.

The following table presents the activity in the allowance for credit losses on unfunded commitments for the three month periods ended March 31, 2024 and 2023 (in thousands):

	For the Three Months Ended
Allowance for credit losses on unfunded commitments	March 31, 2024		March 31, 2023
Beginning balance	$	919	$	—
Impact of ASC 326 adoption	—		1,082
Provision (credit) for credit losses on unfunded commitments	(176)		(34)
Ending balance	$	743	$	1,048

The following table presents the provision for credit losses on loans and unfunded commitments for the three month periods ended March 31, 2024 and March 31, 2023 (in thousands):

	For the Three Months Ended
Provision (credit) for credit losses	March 31, 2024		March 31, 2023
Provision (credit) for credit losses on loans	$	(1,864)	$	311
Provision (credit) for credit losses on unfunded commitments	(176)		(34)
Total provision (credit) for credit losses	$	(2,040)	$	277

The following tables present the balance in the allowance for credit losses by portfolio segment, as of March 31, 2024 and December 31, 2023 (in thousands):

	March 31, 2024
Allowance for credit losses	Commercial and		Commercial		Residential		Consumer
Ending allowance balance attributable to loans:	Agricultural		Mortgages		Mortgages		Loans		Total
Individually analyzed	$	1,663	$	24	$	—	$	—	$	1,687
Collectively analyzed	2,853		10,343		2,062		3,526		18,784
Total ending allowance balance	$	4,516	$	10,367	$	2,062	$	3,526	$	20,471

	December 31, 2023
Allowance for credit losses	Commercial and		Commercial		Residential		Consumer
Ending allowance balance attributable to loans:	Agricultural		Mortgages		Mortgages		Loans		Total
Individually analyzed	$	1,928	$	27	$	—	$	—	$	1,955
Collectively analyzed	3,127		11,999		2,194		3,242		20,562
Total ending allowance balance	$	5,055	$	12,026	$	2,194	$	3,242	$	22,517

The following tables present the amortized cost basis of loans by portfolio segment, as of March 31, 2024 and December 31, 2023 (in thousands):

	March 31, 2024
Amortized cost basis of loans:	Commercial and Agricultural		Commercial Mortgages		Residential Mortgages		Consumer Loans		Total
Individually analyzed	$	1,746	$	3,965	$	—	$	—	$	5,711
Collectively analyzed	277,889		1,141,837		277,246		300,927		1,997,899
Total ending loans balance	$	279,635	$	1,145,802	$	277,246	$	300,927	$	2,003,610

	December 31, 2023
Amortized cost basis of loans:	Commercial and Agricultural		Commercial Mortgages		Residential Mortgages		Consumer Loans		Total
Individually analyzed	$	2,067	$	5,968	$	—	$	—	$	8,035
Collectively analyzed	262,329		1,116,957		277,992		307,351		1,964,629
Total ending loans balance	$	264,396	$	1,122,925	$	277,992	$	307,351	$	1,972,664

Modifications to Loans Made to Borrowers Experiencing Financial Difficulty

Effective January 1, 2023, the Corporation adopted ASU 2022-02, Financial Instruments-Credit Losses (Topic 326)-Troubled Debt Restructurings and Vintage Disclosures. The Corporation may occasionally make modifications to loans where the borrower is considered to be experiencing financial difficulty. Types of modifications considered under ASU 2022-02 include principal reductions, interest rate reductions, term extensions, significant payment delays, or a combination thereof.

There were no loan modifications to borrowers experiencing financial difficulty, as considered under the requirements of ASU 2022-02, made during the three month period ended March 31, 2024.

The following tables summarize the amortized cost basis of loans modified during the three month period ended March 31, 2023 (in thousands):

	Three Months Ended March 31, 2023
Loans modified under ASU 2022-02:	Principal Reduction		Interest Rate Reduction		Term Extension		Payment Delay		Combination		Total		(%) of Loan Class (1)
Commercial mortgages:
Commercial mortgages, other	$	—	$	—	$	277	$	—	$	—	$	277	0.03	%

(1) Represents the amortized cost basis of loans modified during the period as a percentage of the period-end loan balances by class.

The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty during the three month period ended March 31, 2023 (in thousands):

	Three Months Ended March 31, 2023
Effect of loan modifications under ASU 2022-02:	Principal Reduction (in thousands)	Weighted-average interest rate reduction (%)	Weighted-average term extension (in months)	Weighted-average payment delay (in months)
Commercial mortgages:
Commercial mortgages, other	$—	—%	60 months	0

The Corporation had no outstanding commitments to lend additional amounts to borrowers for which modifications subject to ASU 2022-02 were made during the three months ended March 31, 2024 and the year-ended December 31, 2023.

During the three month period ended March 31, 2024, the Corporation had one loan, a commercial and industrial loan which was given a six month term extension during the three month period ended September 30, 2023, which experienced a payment default within twelve months of modification. There were no loans that defaulted during the three month period ended March 31, 2023 for which modifications were made subsequent to the adoption of ASU 2022-02 on January 1, 2023.

The Corporation monitors the performance of loans that have previously been modified under the guidance of ASU 2022-02 in order to gauge the effectiveness of modifications, and to determine the degree to which borrowers continue to demonstrate financial weakness following modification. The following tables present the performance of such loans that have been modified in the twelve month period preceding March 31, 2024 and the three month period preceding March 31, 2023 (in thousands):

	Twelve Months Ended March 31, 2024
Past Due Status of Modifications under ASU 2022-02:	30-59 Days Past Due		60-89 Days Past Due		Greater Than 89 Days Past Due		Loans Not Past Due		Total
Commercial and agricultural:
Commercial and industrial	$	—	$	—	$	675	$	129	$	804
Consumer loans:
Home equity lines and loans	—		—		—		116		116
Total	$	—	$	—	$	675	$	245	$	920

During the three months ended March 31, 2024, a commercial mortgage that was was granted a payment delay during the three months ended June 30, 2023 executed an early payoff. The amortized basis of the loan prior to the payoff was $1.9 million.

	Three Months Ended March 31, 2023 (1)
Past Due Status of Modifications under ASU 2022-02:	30-59 Days Past Due		60-89 Days Past Due		Greater Than 89 Days Past Due		Loans Not Past Due		Total
Commercial mortgages, other	$	—	$	—	$	—	$	277	$	277

(1) Represents loans which were modified during the three month period subsequent to the adoption of ASU 2022-02 on January 1, 2023.

Collateral Dependent Individually Analyzed Loans

As of March 31, 2024, the amortized cost basis of individually analyzed loans totaled $5.7 million, of which $4.2 million were considered collateral dependent. As of December 31, 2023 the amortized basis of individually analyzed loans totaled $8.0 million, of which $6.3 million were considered collateral dependent. For collateral dependent loans where the borrower is experiencing financial difficulty and repayment is likely to be substantially provided through the sale or operation of the collateral, the allowance for credit losses is measured based on the difference between the fair value of the collateral and the amortized cost basis of the loan as of the measurement date.

Certain assets held as collateral may be exposed to future deterioration in fair value, particularly due to changes in real estate markets or usage. The Corporation closely monitors trends in real estate values throughout its market area to determine whether collateral values, after appropriate discounting, are likely to be sufficient to extinguish existing borrower indebtedness.

The following table presents the amortized cost basis and related allowance for credit loss of individually analyzed loans considered to be collateral dependent as of March 31, 2024 and December 31, 2023 (in thousands):

	March 31, 2024				December 31, 2023
	Amortized Cost Basis		Related Allowance		Amortized Cost Basis		Related Allowance
Commercial and agricultural:
Commercial and industrial (3)	$	282	$	200	$	353	$	214
Agricultural (3)	2		1		26		26
Commercial mortgages:
Construction (1)	2,207		—		2,209		—
Commercial mortgages, other (1) (2) (3)	1,757		24		3,759		27
Total	$	4,248	$	225	$	6,347	$	267

(1) Secured by commercial real estate

(2) Secured by residential real estate

(3) Secured by business assets

The following tables present the average amortized cost basis and interest income recognized on loans individually analyzed, by class of loans, for the three month periods ended March 31, 2024 and 2023 (in thousands):

	Three Months Ended   March 31, 2024				Three Months Ended   March 31, 2023
With no related allowance recorded:	Average Amortized Cost Basis		Interest Income Recognized (1)		Average Amortized Cost Basis		Interest Income Recognized (1)
Commercial and agricultural:
Commercial and industrial	$	49	$	1	$	729	$	—
Agricultural	—		—		—		—
Commercial mortgages:
Construction	2,208		—		—		—
Commercial mortgages, other	2,733		—		4,053		7
Residential mortgages	—		—		715		9
Consumer loans:
Home equity lines & loans	—		—		254		—
With an allowance recorded:
Commercial and agricultural:
Commercial and industrial	1,844		3		1,049		2
Agricultural	14		—		—		—
Commercial mortgages:
Commercial mortgages, other	25		—		36		—
Total	$	6,873	$	4	$	6,836	$	18

(1) Cash basis interest income approximates interest income recognized.

The following table presents the amortized cost basis in nonaccrual loans without an associated allocation in the allowance for credit losses, total nonaccrual loans, and loans past due greater than 90 days and still accruing, by class of loan as of March 31, 2024 and December 31, 2023 (in thousands):

	Nonaccrual with No Allowance for Credit Losses				Nonaccrual				Loans Past Due 90 Days or More and Still Accruing
	March 31, 2024		December 31, 2023		March 31, 2024		December 31, 2023		March 31, 2024		December 31, 2023
Commercial and agricultural:
Commercial and industrial	$	23	$	76	$	1,615	$	1,904	$	8	$	10
Agricultural	—		—		2		26		—		—
Commercial mortgages:
Construction	2,207		2,209		2,207		2,209		—		—
Commercial mortgages, other	1,734		3,732		1,758		3,760		—		—
Residential mortgages	1,118		1,315		1,118		1,315		—		—
Consumer loans:
Home equity lines and loans	496		508		496		508		—		—
Indirect consumer loans	631		687		631		687		—		—
Direct consumer loans	8		2		8		2		—		—
Total	$	6,217	$	8,529	$	7,835	$	10,411	$	8	$	10

The following tables present the aging of the amortized cost basis of loans as of March 31, 2024 and December 31, 2023 (in thousands):

	March 31, 2024
	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due		Total Past Due		Loans Not Past Due		Total
Commercial and agricultural:
Commercial and industrial	$	181	$	238	$	683	$	1,102	$	278,312	$	279,414
Agricultural	—		—		—		—		221		221
Commercial mortgages:
Construction	—		—		2,207		2,207		139,397		141,604
Commercial mortgages, other	1,012		2,238		175		3,425		1,000,773		1,004,198
Residential mortgages	1,529		594		589		2,712		274,534		277,246
Consumer loans:
Home equity lines and loans	612		100		282		994		86,614		87,608
Indirect consumer loans	1,063		379		379		1,821		202,260		204,081
Direct consumer loans	18		20		6		44		9,194		9,238
Total	$	4,415	$	3,569	$	4,321	$	12,305	$	1,991,305	$	2,003,610

	December 31, 2023
	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due		Total Past Due		Loans Not Past Due		Total
Commercial and agricultural:
Commercial and industrial	$	1,196	$	31	$	10	$	1,237	$	262,903	$	264,140
Agricultural	—		—		—		—		256		256
Commercial mortgages:
Construction	2,164		—		2,207		4,371		134,516		138,887
Commercial mortgages, other	1,022		103		261		1,386		982,652		984,038
Residential mortgages	2,244		201		585		3,030		274,962		277,992
Consumer loans:
Home equity lines and loans	461		87		366		914		86,142		87,056
Indirect consumer loans	2,473		501		426		3,400		207,023		210,423
Direct consumer loans	2		20		—		22		9,850		9,872
Total	$	9,562	$	943	$	3,855	$	14,360	$	1,958,304	$	1,972,664

Credit Quality Indicators

The Corporation establishes a risk rating at origination for all commercial loans. The primary factors considered in assigning risk ratings include, but are not limited to: historic and future debt service coverage, collateral position, operating performance, liquidity, leverage, payment history, management ability, and the customer’s industry. Commercial relationship managers monitor all loans in their respective portfolios for any changes in the borrower’s ability to service its debt and affirm the risk ratings for the loans at least annually.

For retail loans, which include residential mortgages, indirect and direct consumer loans, and home equity lines and loans, once a loan is properly approved and closed, the Corporation evaluates credit quality based upon loan repayment. Retail loans that have been modified subject to ASU 2022-02, but are otherwise performing, are assigned a risk rating of Special Mention, as defined below. Retail loans are not rated until they become 90 days past due, or are modified under ASU 2022-02.

The Corporation uses the risk rating system to identify criticized and classified loans. Commercial relationships within the criticized and classified risk ratings are analyzed quarterly.  The Corporation uses the following definitions for criticized and classified loans (which are consistent with regulatory guidelines):

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 the institution’s credit position at some future date.

Substandard – Loans classified as substandard are inadequately protected by the current net worth and paying capability 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.

Commercial loans not meeting the criteria above to be considered criticized or classified, are considered to be pass rated loans. Loans listed as not rated, are included in groups of homogeneous loans performing under terms of the loan notes.

Based on the analyses performed as of March 31, 2024, the risk category of the amortized cost basis of loans by class and vintage, as well as gross charge-offs by class and vintage for the period, were as follows (in thousands):

	Term Loans Amortized Cost by Origination Year												Revolving Loans Amortized Cost		Revolving Loans Converted to Term		Total
	2024		2023		2022		2021		2020		Prior
Commercial & industrial
Pass	$	10,885	$	39,011	$	34,108	$	21,370	$	12,349	$	39,698	$	92,497	$	1,643	$	251,561
Special mention	—		—		9,159		—		4,060		4,586		7,223		453		25,481
Substandard	—		89		221		788		83		205		—		176		1,562
Doubtful	24		—		—		—		—		764		22		—		810
Total	10,909		39,100		43,488		22,158		16,492		45,253		99,742		2,272		279,414
Gross charge-offs	—		—		—		—		—		—		—		—		—
Agricultural
Pass	—		—		14		143		—		—		62		—		219
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		2		—		—		—		—		—		—		2
Doubtful	—		—		—		—		—		—		—		—		—
Total	—		2		14		143		—		—		62		—		221
Gross charge-offs	—		—		—		—		—		—		—		—		—
Construction
Pass	1,076		48,500		77,995		9,686		—		1,658		482		—		139,397
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		2,207		—		—		2,207
Doubtful	—		—		—		—		—		—		—		—		—
Total	1,076		48,500		77,995		9,686		—		3,865		482		—		141,604
Gross charge-offs	—		—		—		—		—		—		—		—		—
Commercial mortgages
Pass	13,784		117,235		258,049		171,090		111,407		296,080		5,127		742		973,514
Special mention	—		—		2,522		8,092		2,590		8,082		2,001		—		23,287
Substandard	—		2,412		1,081		339		1,012		2,432		97		—		7,373
Doubtful	—		—		—		—		—		24		—		—		24
Total	13,784		119,647		261,652		179,521		115,009		306,618		7,225		742		1,004,198
Gross charge-offs	—		—		—		—		—		—		—		—		—
Residential mortgages
Not rated	4,014		20,000		57,204		59,311		70,050		65,549		—		—		276,128
Substandard	—		—		75		342		247		454		—		—		1,118
Total	4,014		20,000		57,279		59,653		70,297		66,003		—		—		277,246
Gross charge-offs	—		—		—		—		—		16		—		—		16
Home equity lines and loans
Not rated	3,298		12,904		15,846		5,577		3,009		12,494		32,773		1,095		86,996
Special mention	—		—		116		—		—		—		—		—		116
Substandard	—		—		76		—		—		291		86		43		496
Total	3,298		12,904		16,038		5,577		3,009		12,785		32,859		1,138		87,608
Gross charge-offs	—		—		—		—		—		11		—		—		11
Indirect consumer
Not rated	11,861		67,401		90,413		20,411		7,652		5,712		—		—		203,450
Substandard	—		139		208		141		49		94		—		—		631
Total	11,861		67,540		90,621		20,552		7,701		5,806		—		—		204,081
Gross charge-offs	—		104		127		29		24		54		—		—		338
Direct consumer
Not rated	700		2,622		2,391		607		174		332		2,401		3		9,230
Substandard	—		—		—		5		2		—		1		—		8
Total	700		2,622		2,391		612		176		332		2,402		3		9,238
Gross charge-offs	—		—		—		—		—		—		2		—		2
Total loans	$	45,642	$	310,315	$	549,478	$	297,902	$	212,684	$	440,662	$	142,772	$	4,155	$	2,003,610
Total gross charge-offs	$	—	$	104	$	127	$	29	$	24	$	81	$	2	$	—	$	367

Based on the analyses performed as of December 31, 2023, the risk category of the amortized cost basis of loans by class and vintage, as well as gross charge-offs by class and vintage for the period, were as follows (in thousands):

	Term Loans Amortized Cost by Origination Year												Revolving Loans Amortized Cost		Revolving Loans Converted to Term		Total
	2023		2022		2021		2020		2019		Prior
Commercial & industrial
Pass	$	41,925	$	40,564	$	21,742	$	13,541	$	31,233	$	10,523	$	77,176	$	1,662	$	238,366
Special mention	185		4,608		—		4,020		—		4,690		9,137		482		23,122
Substandard	—		24		991		109		23		456		—		161		1,764
Doubtful	—		—		—		—		—		790		75		23		888
Total	42,110		45,196		22,733		17,670		31,256		16,459		86,388		2,328		264,140
Gross charge-offs	—		—		—		—		9		272		—		—		281
Agricultural
Pass	—		15		150		—		—		—		65		—		230
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		26		26
Doubtful	—		—		—		—		—		—		—		—		—
Total	—		15		150		—		—		—		65		26		256
Gross charge-offs	—		—		—		—		—		—		—		—		—
Construction
Pass	46,951		68,483		19,066		—		28		1,669		481		—		136,678
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		2,207		2		—		—		2,209
Doubtful	—		—		—		—		—		—		—		—		—
Total	46,951		68,483		19,066		—		2,235		1,671		481		—		138,887
Gross charge-offs	—		—		—		—		—		—		—		—		—
Commercial mortgages
Pass	110,864		260,763		161,858		113,198		57,782		244,211		5,197		767		954,640
Special mention	—		2,533		8,189		2,609		—		8,642		—		—		21,973
Substandard	272		1,107		345		1,022		—		4,555		97		—		7,398
Doubtful	—		—		—		—		—		27		—		—		27
Total	111,136		264,403		170,392		116,829		57,782		257,435		5,294		767		984,038
Gross charge-offs	—		—		—		—		—		—		—		—		—
Residential mortgages
Not rated	18,653		58,098		60,024		71,369		15,948		52,585		—		—		276,677
Substandard	—		75		346		—		169		725		—		—		1,315
Total	18,653		58,173		60,370		71,369		16,117		53,310		—		—		277,992
Gross charge-offs	—		32		—		—		—		—		—		—		32
Home equity lines and loans
Not rated	13,552		16,384		5,821		3,134		2,867		10,400		33,275		1,115		86,548
Substandard	—		77		—		—		—		293		25		113		508
Total	13,552		16,461		5,821		3,134		2,867		10,693		33,300		1,228		87,056
Gross charge-offs	—		—		—		—		—		—		6		—		6
Indirect consumer
Not rated	72,264		98,008		23,015		9,192		3,870		3,387		—		—		209,736
Substandard	119		246		135		48		36		103		—		—		687
Total	72,383		98,254		23,150		9,240		3,906		3,490		—		—		210,423
Gross charge-offs	184		375		215		121		21		55		—		—		971
Direct consumer
Not rated	3,005		2,745		785		256		53		324		2,697		5		9,870
Substandard	—		—		—		2		—		—		—		—		2
Total	3,005		2,745		785		258		53		324		2,697		5		9,872
Gross charge-offs	4		15		8		6		—		54		6		—		93
Total loans	$	307,790	$	553,730	$	302,467	$	218,500	$	114,216	$	343,382	$	128,225	$	4,354	$	1,972,664
Total gross charge-offs	$	188	$	422	$	223	$	127	$	30	$	381	$	12	$	—	$	1,383