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Loans Held for Investment (Tables)
 6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Schedule of Loans by Class
The following table presents loans by class of receivable and portfolio segment as of the dates indicated:
June 30,
2023		December 31,
2022
Real estate:  
Commercial$8,813.9 $8,528.6 
Construction1,836.5 1,944.4 
Residential2,198.3 2,188.3 
Agricultural755.7 794.9 
Total real estate13,604.4 13,456.2 
Consumer:
Indirect764.1 829.7 
Direct and advance lines144.0 152.9 
Credit card72.1 75.9 
Total consumer980.2 1,058.5 
Commercial3,002.7 2,882.6 
Agricultural688.0 708.3 
Other, including overdrafts1.7 9.2 
Loans held for investment18,277.0 18,114.8 
Deferred loan fees and costs(13.6)(15.6)
Loans held for investment, net of deferred fees and costs18,263.4 18,099.2 
Allowance for credit losses(224.6)(220.1)
Net loans held for investment$18,038.8 $17,879.1 
Schedule of Allowance for Loan Losses by Portfolio Segment
The following tables represent, by loan portfolio segments, the activity in the allowance for credit losses for loans held for investment:
Three Months Ended June 30, 2023Beginning BalanceProvision for (reversal of) Credit Losses
Loans Charged-Off(2)
Recoveries CollectedEnding Balance
Allowance for credit losses (1)
Real estate$147.5 $20.4 $(10.0)$0.8 $158.7 
Consumer21.8 (6.2)(3.3)1.4 13.7 
Commercial54.4 (4.5)(0.8)0.4 49.5 
Agricultural2.4 0.2 — 0.1 2.7 
Total allowance for credit losses$226.1 $9.9 $(14.1)$2.7 $224.6 
Six Months Ended June 30, 2023Beginning BalanceProvision for Credit Losses
Loans Charged-Off(2)
Recoveries CollectedEnding Balance
Allowance for credit losses (1)
Real estate$138.7 $33.8 $(14.8)$1.0 $158.7 
Consumer23.3 (5.5)(6.7)2.6 13.7 
Commercial54.9 (5.3)(1.5)1.4 49.5 
Agricultural3.2 (0.9)— 0.4 2.7 
Total allowance for credit losses$220.1 $22.1 $(23.0)$5.4 $224.6 
Three Months Ended June 30, 2022Beginning BalanceACL for (reduction on) PCD LoansProvision for (reversal of) Credit Losses
Loans Charged-Off(2)
Recoveries CollectedEnding Balance
Allowance for credit losses (1)
Real estate:  
Commercial real estate:
Non-owner occupied$45.2 $(6.9)$(8.8)$— $— $29.5 
Owner occupied25.2 — 1.4 — — 26.6 
Multi-family54.6 (19.0)(2.9)— 0.7 33.4 
Total commercial real estate125.0 (25.9)(10.3)— 0.7 89.5 
Construction:
Land acquisition & development0.5 — 0.2 — 0.1 0.8 
Residential construction3.3 — 0.1 — — 3.4 
Commercial construction10.2 — 4.7 — — 14.9 
Total construction14.0 — 5.0 — 0.1 19.1 
Residential real estate:
Residential 1-4 family18.7 — (0.7)— 0.2 18.2 
Home equity and HELOC1.4 — (0.1)— 0.2 1.5 
Total residential real estate20.1 — (0.8)— 0.4 19.7 
Agricultural real estate10.5 — (5.1)(0.1)0.1 5.4 
Total real estate169.6 (25.9)(11.2)(0.1)1.3 133.7 
Consumer:
Indirect13.5 — (0.4)(0.8)0.8 13.1 
Direct and advance lines4.6 — 0.5 (0.6)0.5 5.0 
Credit card2.3 — 0.7 (0.9)0.1 2.2 
Total consumer20.4 — 0.8 (2.3)1.4 20.3 
Commercial:
Commercial and floor plans52.9 — 1.9 (1.1)0.4 54.1 
Commercial purpose secured by 1-4 family5.0 — 0.4 — 0.1 5.5 
Credit card0.3 — 0.1 (0.1)— 0.3 
Total commercial58.2 — 2.4 (1.2)0.5 59.9 
Agricultural:
Agricultural(1.0)1.1 6.3 (0.1)0.2 6.5 
Total agricultural(1.0)1.1 6.3 (0.1)0.2 6.5 
Total allowance for credit losses$247.2 $(24.8)$(1.7)$(3.7)$3.4 $220.4 
Six Months Ended June 30, 2022Beginning BalanceACL for PCD LoansProvision for Credit Losses
Loans Charged-Off(2)
Recoveries CollectedEnding Balance
Allowance for credit losses (1)
Real estate:
Commercial real estate:
Non-owner occupied$17.3 $17.2 $(2.1)$(2.9)$— $29.5 
Owner occupied13.3 9.5 6.0 (2.2)— 26.6 
Multi-family13.3 10.9 8.5 — 0.7 33.4 
Total commercial real estate43.9 37.6 12.4 (5.1)0.7 89.5 
Construction:
Land acquisition & development0.5 3.4 (0.6)(2.7)0.2 0.8 
Residential construction2.4 — 1.0 — — 3.4 
Commercial construction6.0 0.2 8.7 — — 14.9 
Total construction8.9 3.6 9.1 (2.7)0.2 19.1 
Residential real estate:
Residential 1-4 family13.4 0.1 4.5 (0.1)0.3 18.2 
Home equity and HELOC1.2 — — — 0.3 1.5 
Total residential real estate14.6 0.1 4.5 (0.1)0.6 19.7 
Agricultural real estate1.9 2.3 1.3 (0.2)0.1 5.4 
Total real estate69.3 43.6 27.3 (8.1)1.6 133.7 
Consumer:
Indirect14.3 — (0.7)(1.7)1.2 13.1 
Direct and advance lines4.6 — 0.4 (1.4)1.4 5.0 
Credit card2.2 — 1.3 (1.5)0.2 2.2 
Total consumer21.1 — 1.0 (4.6)2.8 20.3 
Commercial:
Commercial and floor plans27.1 11.2 20.3 (5.3)0.8 54.1 
Commercial purpose secured by 1-4 family4.4 0.2 0.8 — 0.1 5.5 
Credit card0.1 — 0.4 (0.2)— 0.3 
Commercial31.6 11.4 21.5 (5.5)0.9 59.9 
Agricultural:
Agricultural0.3 4.5 5.8 (5.4)1.3 6.5 
Total agricultural0.3 4.5 5.8 (5.4)1.3 6.5 
Total allowance for credit losses$122.3 $59.5 $55.6 $(23.6)$6.6 $220.4 
(1) Amounts presented exclude the allowance for credit losses related to unfunded commitments and investment securities. The allowance for credit losses related to unfunded commitments and investment securities are included in the “Financial Instruments with Off-Balance Sheet Risk” Note and “Investment Securities” Note, respectively.
(2) Loans, or portions thereof, are charged-off against the allowance for credit losses when management believes the collectability of the principal is unlikely, or, with respect to consumer installment loans, according to an established delinquency schedule.
Schedule of Recorded Investment in Impaired Loans
The following tables present the principal balance of collateral-dependent loans by class of receivable as of the dates indicated:
Collateral Type
As of June 30, 2023Business AssetsReal PropertyTotal
Real estate:
Commercial$1.6 $32.3 $33.9 
Construction— 17.8 17.8 
Residential— 0.5 0.5 
Agricultural— 3.7 3.7 
Total real estate1.6 54.3 55.9 
Commercial1.4 5.5 6.9 
Agricultural0.2 0.5 0.7 
Total collateral-dependent loans$3.2 $60.3 $63.5 
Collateral Type
As of December 31, 2022Business AssetsReal PropertyTotal
Real estate:
Commercial$1.7 $15.8 $17.5 
Construction— 3.2 3.2 
Residential— 0.5 0.5 
Agricultural0.2 5.8 6.0 
Total real estate1.9 25.3 27.2 
Commercial3.1 1.5 4.6 
Agricultural2.1 5.2 7.3 
Total collateral-dependent loans$7.1 $32.0 $39.1 
Schedule of Recorded Investment in Past Due Loans by Class
Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans classified in the following table as 90 days or more past due continue to accrue interest. The following tables present the contractual aging of the Company’s recorded principal balance of loans by class of receivable as of the dates indicated:
Total Loans
30 - 5960 - 8990 or more30 or More
DaysDaysDaysDaysCurrentNon-accrualTotal
As of June 30, 2023Past DuePast DuePast DuePast DueLoans
Loans (1)
Loans
Real estate:
Commercial$4.1 $0.1 $— $4.2 $8,774.3 $35.4 $8,813.9 
Construction8.2 3.0 3.3 14.5 1,803.8 18.2 1,836.5 
Residential1.2 2.1 0.6 3.9 2,186.7 7.7 2,198.3 
Agricultural7.8 3.9 0.3 12.0 736.9 6.8 755.7 
Total real estate21.3 9.1 4.2 34.6 13,501.7 68.1 13,604.4 
Consumer:
Indirect6.5 2.1 0.5 9.1 752.1 2.9 764.1 
Direct0.6 0.5 0.1 1.2 142.6 0.2 144.0 
Credit card0.7 0.4 0.4 1.5 70.6 — 72.1 
Total consumer7.8 3.0 1.0 11.8 965.3 3.1 980.2 
Commercial4.6 2.3 1.1 8.0 2,982.6 12.1 3,002.7 
Agricultural1.3 0.1 0.4 1.8 683.4 2.8 688.0 
Other, including overdrafts— — — — 1.7 — 1.7 
Loans held for investment$35.0 $14.5 $6.7 $56.2 $18,134.7 $86.1 $18,277.0 
Total Loans
30 - 5960 - 8990 or more30 or More
DaysDaysDaysDaysCurrentNon-accrualTotal
As of December 31, 2022Past DuePast DuePast DuePast DueLoans
Loans (1)
Loans
Real estate:
Commercial$5.6 $0.8 $1.1 $7.5 $8,501.5 $19.6 $8,528.6 
Construction10.4 0.6 0.6 11.6 1,929.1 3.7 1,944.4 
Residential9.9 2.1 1.2 13.2 2,168.7 6.4 2,188.3 
Agricultural1.1 6.1 — 7.2 780.1 7.6 794.9 
Total real estate27.0 9.6 2.9 39.5 13,379.4 37.3 13,456.2 
Consumer:
Indirect9.3 2.4 0.6 12.3 814.7 2.7 829.7 
Direct0.8 0.3 0.1 1.2 151.4 0.3 152.9 
Credit card0.8 0.4 0.6 1.8 74.1 — 75.9 
Total consumer10.9 3.1 1.3 15.3 1,040.2 3.0 1,058.5 
Commercial7.1 1.7 2.1 10.9 2,861.5 10.2 2,882.6 
Agricultural0.8 2.2 0.1 3.1 696.5 8.7 708.3 
Other, including overdrafts— — — — 9.2 — 9.2 
Loans held for investment$45.8 $16.6 $6.4 $68.8 $17,986.8 $59.2 $18,114.8 

(1) As of June 30, 2023 and December 31, 2022, none of our non-accrual loans were earning interest income. Additionally, no material interest income was recognized on non-accrual loans during the three and the six months ended June 30, 2023 and 2022, respectively. There were no material reversals of accrued interest during the same periods.
Financing Receivable, Excluding Accrued Interest, Modified Period
The following table presents the amortized cost basis of loans at June 30, 2023 that were both experiencing financial difficulty and modified during the three and the six month periods ended June 30, 2023, by class and by type of modification. The percentage of the principal balance of loans that were modified to borrowers in financial distress as compared to the principal balance of each class of receivable is also presented below:
Three Months Ended June 30, 2023Principal ForgivenessTerm ExtensionTotal
% of Total Class of Loans Held for Investment (1)
Real estate:
Commercial$— $13.9 $13.9 0.16 %
Residential— 0.1 0.1 — 
Total real estate— 14.0 14.0 0.10 
Commercial— 6.4 6.4 0.21 
Agricultural— 19.6 19.6 2.85 
Loans held for investment (2)
$— $40.0 $40.0 0.22 %
Six Months Ended June 30, 2023
Real estate:
Commercial$1.6 $17.4 $19.0 0.22 %
Construction— 0.1 0.1 0.01 
Residential0.1 0.2 0.3 0.01 
Agricultural— 1.1 1.1 0.15 
Total real estate1.7 18.8 20.5 0.15 
Commercial— 8.8 8.8 0.29 
Agricultural— 36.6 36.6 5.32 
Loans held for investment (2)
$1.7 $64.2 $65.9 0.36 %
(1) Based on the principal balance as of period end, divided by the period end principal balance of the corresponding class of receivables.
(2) As of June 30, 2023, the Company excluded $0.9 million in accrued interest from the amortized cost of the identified loans.
Schedule of Acquired Loans with Credit Impairment
The following table reconciles the par value, or initial amortized cost, of PCD loans acquired in the GWB acquisition as of February 1, 2022, or the date of the acquisition, with the purchase price (or initial fair value of the loans) as amended for measurement period adjustments:
Purchase price (initial fair value)$623.3 
Allowance for credit losses (1)
298.2 
Discount attributable to other factors (2)
57.7 
Par value (unpaid principal balance)$979.2 
(1) For acquired PCD loans, an allowance of $298.2 million was required with a corresponding increase to the amortized cost basis as of the acquisition date. For PCD loans where all or a portion of the loan balance had been previously written-off by GWB, or would be subject to write-off under the Company’s charge-off policy, a CECL allowance of $238.7 million, included as part of the grossed-up loan balance at acquisition was immediately written-off. The net impact to the allowance for PCD assets on the acquisition date was $59.5 million.
(2) Non-credit discount includes the difference between the amortized cost basis and the unpaid principal balance of $39.6 million established on PCD loans acquired from GWB and interest applied to principal of $18.1 million.
Schedule of Recorded Investment in Criticized Loans by Class and Credit Quality Indicator
The Company evaluates the credit quality and loan performance for the allowance for credit losses of the following class of receivables based on the aforementioned risk scale as of and for the periods ended:
 As of and for the six months ended June 30, 2023
Term Loans Amortized Cost Basis by Origination Year
Risk by Collateral20232022202120202019PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
Commercial real estate:
Pass$633.8 $2,250.0 $1,728.7 $1,302.0 $752.4 $1,784.9 $32.0 $55.0 $8,538.8 
Special mention4.0 9.3 20.1 5.8 25.5 69.1 1.8 — 135.6 
Substandard3.0 26.5 28.4 9.6 29.2 30.1 0.4 0.3 127.5 
Doubtful10.6 — 1.4 — — — — — 12.0 
Total$651.4 $2,285.8 $1,778.6 $1,317.4 $807.1 $1,884.1 $34.2 $55.3 $8,813.9 
Current-period gross charge-offs— 0.3 1.7 2.6 — — — — 4.6 
Construction real estate:
Pass$237.6 $822.7 $502.2 $49.6 $17.8 $40.0 $96.2 $13.6 $1,779.7 
Special mention— 8.6 0.1 — 2.7 0.2 — 3.0 14.6 
Substandard— 3.0 24.5 0.2 0.1 0.5 — — 28.3 
Doubtful— 13.9 — — — — — — 13.9 
Total$237.6 $848.2 $526.8 $49.8 $20.6 $40.7 $96.2 $16.6 $1,836.5 
Current-period gross charge-offs— — 0.1 — — — — 9.6 9.7 
Agricultural real estate:
Pass$35.9 $143.1 $163.0 $102.9 $60.7 $143.3 $28.8 $0.4 $678.1 
Special mention2.6 0.8 1.2 2.0 1.7 12.6 8.9 — 29.8 
Substandard8.0 20.7 4.8 1.2 0.5 11.6 — — 46.8 
Doubtful— — — 1.0 — — — — 1.0 
Total$46.5 $164.6 $169.0 $107.1 $62.9 $167.5 $37.7 $0.4 $755.7 
Current-period gross charge-offs— — — — — — — — — 
Commercial:
Pass$289.2 $577.9 $422.6 $247.1 $127.0 $344.7 $811.6 $36.1 $2,856.2 
Special mention0.9 4.2 10.5 4.2 2.3 1.5 11.0 0.1 34.7 
Substandard4.0 21.9 8.4 3.1 4.7 5.9 58.3 — 106.3 
Doubtful4.2 — 1.2 — — — 0.1 — 5.5 
Total$298.3 $604.0 $442.7 $254.4 $134.0 $352.1 $881.0 $36.2 $3,002.7 
Current-period gross charge-offs— 0.3 0.1 0.2 0.1 — 0.8 — 1.5 
Agricultural:
Pass$50.9 $92.8 $48.3 $26.3 $8.3 $10.8 $375.9 $1.4 $614.7 
Special mention0.8 1.0 0.7 0.3 0.2 0.2 2.9 0.2 6.3 
Substandard44.5 1.1 1.0 1.4 0.5 1.3 16.6 0.2 66.6 
Doubtful— — 0.4 — — — — — 0.4 
Total$96.2 $94.9 $50.4 $28.0 $9.0 $12.3 $395.4 $1.8 $688.0 
Current-period gross charge-offs— — — — — — — — — 
December 31, 2022
Term Loans Amortized Cost Basis by Origination Year
Risk by Collateral20222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Commercial real estate non-owner occupied:
Pass$1,162.6 $861.3 $661.1 $467.6 $241.5 $890.4 $29.2 $4,313.7 
Special mention1.0 6.8 2.3 4.6 — 7.4 — 22.1 
Substandard0.1 13.9 10.8 18.2 19.6 9.8 — 72.4 
Total$1,163.7 $882.0 $674.2 $490.4 $261.1 $907.6 $29.2 $4,408.2 
Commercial real estate owner occupied:
Pass$793.0 $718.7 $533.9 $266.3 $165.8 $551.3 $18.2 $3,047.2 
Special mention10.9 14.2 12.3 6.1 5.6 5.5 1.1 55.7 
Substandard8.4 3.0 2.3 8.9 8.5 17.2 0.5 48.8 
Doubtful0.4 1.4 — — — — — 1.8 
Total$812.7 $737.3 $548.5 $281.3 $179.9 $574.0 $19.8 $3,153.5 
Commercial multi-family:
Pass$369.2 $204.9 $189.0 $52.1 $35.0 $113.7 $1.0 $964.9 
Special mention— — — — — 1.7 — 1.7 
Substandard— — — — — 0.3 — 0.3 
Total$369.2 $204.9 $189.0 $52.1 $35.0 $115.7 $1.0 $966.9 
Land, acquisition and development:
Pass$152.5 $114.4 $29.5 $17.0 $10.9 $28.4 $22.2 $374.9 
Special mention6.7 — — — 0.2 0.3 — 7.2 
Substandard— 0.3 0.2 — — 0.4 — 0.9 
Doubtful— 3.2 — — — — — 3.2 
Total$159.2 $117.9 $29.7 $17.0 $11.1 $29.1 $22.2 $386.2 
Residential construction:
Pass$118.4 $119.9 $0.4 $0.3 $0.4 $5.8 $270.1 $515.3 
Substandard— 0.5 — — — 0.4 — 0.9 
Total$118.4 $120.4 $0.4 $0.3 $0.4 $6.2 $270.1 $516.2 
Commercial construction:
Pass$442.7 $374.8 $89.7 $45.9 $0.4 $— $10.6 $964.1 
Special mention2.3 — 23.1 — — — 11.3 36.7 
Substandard16.8 24.4 — — — — — 41.2 
Total$461.8 $399.2 $112.8 $45.9 $0.4 $— $21.9 $1,042.0 
Agricultural real estate:
Pass$180.0 $172.8 $109.5 $64.8 $46.6 $105.1 $31.4 $710.2 
Special mention22.4 0.7 1.2 2.6 10.0 3.2 11.0 51.1 
Substandard1.8 12.3 3.5 0.6 2.7 11.3 0.1 32.3 
Doubtful— — 1.3 — — — — 1.3 
Total$204.2 $185.8 $115.5 $68.0 $59.3 $119.6 $42.5 $794.9 
Commercial and floor plans:
Pass$501.7 $358.9 $214.4 $124.3 $120.3 $171.1 $631.6 $2,122.3 
Special mention15.9 6.8 1.3 4.4 0.9 4.9 18.5 52.7 
Substandard9.8 3.3 3.7 3.4 3.2 2.1 47.2 72.7 
Doubtful0.3 1.3 — — — — 0.1 1.7 
Total$527.7 $370.3 $219.4 $132.1 $124.4 $178.1 $697.4 $2,249.4 
December 31, 2022
Term Loans Amortized Cost Basis by Origination Year
Risk by Collateral20222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Commercial purpose secured by 1-4 family:
Pass$191.7 $134.5 $69.8 $30.4 $29.9 $39.5 $28.9 $524.7 
Special mention0.1 1.2 2.1 0.2 1.4 0.2 — 5.2 
Substandard0.2 0.3 0.1 0.3 0.9 1.2 — 3.0 
Total$192.0 $136.0 $72.0 $30.9 $32.2 $40.9 $28.9 $532.9 
Agricultural:
Pass$127.2 $59.7 $31.8 $10.6 $8.6 $3.1 $375.1 $616.1 
Special mention26.1 2.8 0.4 1.0 0.3 — 26.2 56.8 
Substandard22.8 4.6 2.8 0.6 1.2 0.2 0.8 33.0 
Doubtful— 0.5 — — — — — 0.5 
Total$176.1 $67.6 $35.0 $12.2 $10.1 $3.3 $402.1 $706.4 
The following tables present the recorded investment of these loan portfolios based on the credit risk profile of loans that are performing and loans that are nonperforming as of the periods indicated:
 As of and for the six months ended June 30, 2023
Term Loans Amortized Cost Basis by Origination Year
Risk by Collateral20232022202120202019PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
Residential:
Performing$33.4 $299.5 $507.7 $523.0 $96.9 $240.4 $476.6 $12.5 $2,190.0 
Nonperforming0.1 0.9 0.8 0.6 0.7 5.0 0.2 — 8.3 
Total$33.5 $300.4 $508.5 $523.6 $97.6 $245.4 $476.8 $12.5 $2,198.3 
Current-period gross charge-offs0.3 — — 0.1 — 0.1 — — 0.5 
Consumer indirect:
Performing$86.7 $321.2 $142.8 $103.6 $44.7 $61.6 $— $— $760.6 
Nonperforming0.1 1.3 0.8 0.4 0.2 0.5 — — 3.3 
Total$86.8 $322.5 $143.6 $104.1 $44.9 $62.2 $— $— $764.1 
Current-period gross charge-offs— 1.3 1.2 0.5 0.1 0.3 — — 3.4 
Consumer direct and advance line:
Performing$23.9 $41.4 $24.2 $12.8 $5.4 $8.3 $27.4 $0.3 $143.7 
Nonperforming— 0.1 0.1 — — 0.1 — — 0.3 
Total$23.9 $41.5 $24.3 $12.8 $5.4 $8.4 $27.4 $0.3 $144.0 
Current-period gross charge-offs— 0.1 0.1 0.1 0.1 1.4 0.1 — 1.9 
Consumer credit card:
Performing$— $— $— $— $— $— $71.6 $— $71.6 
Nonperforming— — — — — — 0.5 — 0.5 
Total$— $— $— $— $— $— $72.1 $— $72.1 
Current-period gross charge-offs— — — — — — 1.4 — 1.4 
December 31, 2022
Term Loans Amortized Cost Basis by Origination Year
Risk by Collateral20222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Residential 1-4 family:
Performing$258.9 $490.3 $541.6 $98.0 $32.0 $213.8 $— $1,634.6 
Nonperforming— 0.2 0.1 0.5 0.3 3.7 — 4.8 
Total$258.9 $490.5 $541.7 $98.5 $32.3 $217.5 $— $1,639.4 
Consumer home equity and HELOC:
Performing$23.8 $8.0 $5.2 $5.5 $5.6 $15.2 $482.8 $546.1 
Nonperforming0.6 0.3 0.2 0.2 0.1 1.2 0.2 2.8 
Total$24.4 $8.3 $5.4 $5.7 $5.7 $16.4 $483.0 $548.9 
Consumer indirect:
Performing$380.3 $176.4 $130.0 $59.7 $33.6 $46.3 $— $826.3 
Nonperforming1.0 0.9 0.6 0.3 0.2 0.4 — 3.4 
Total$381.3 $177.3 $130.6 $60.0 $33.8 $46.7 $— $829.7 
Consumer direct and advance line:
Performing$52.6 $31.9 $18.2 $8.5 $6.5 $8.9 $25.8 $152.4 
Nonperforming0.1 0.1 0.1 — — 0.1 0.1 0.5 
Total$52.7 $32.0 $18.3 $8.5 $6.5 $9.0 $25.9 $152.9 
The following table presents the recorded investment in credit card loans based on payment activity for the periods indicated:
As of December 31, 2022ConsumerCommercialAgriculturalTotal
Credit Card:
Performing$75.4 $100.0 $1.9 $177.3 
Nonperforming0.5 0.3 — 0.8 
Total credit card$75.9 $100.3 $1.9 $178.1 
Financial Receivable, Excluding Accrued Interest, Modified Period, Financial Difficulty The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty during the three and the six month periods ended June 30, 2023:
Three Months Ended June 30, 2023Principal ForgivenessWeighted-Average Months of Term Extension
Real estate:
Commercial$— 6.4
Residential— 16.2
Total real estate— 
Consumer:
Indirect— 7.0
Direct and advance lines— 8.0
Total consumer— 
Commercial— 8.3
Agricultural— 8.9
Loans held for investment (1)
$— 
Six Months Ended June 30, 2023
Real estate:
Commercial$1.3 6.4
Construction— 12.4
Residential0.3 19.5
Agricultural— 7.2
Total real estate1.6 
Consumer:
Indirect— 8.3
Direct and advance lines— 8.0
Total consumer— 
Commercial— 9.0
Agricultural— 9.2
Loans held for investment (1)
$1.6 
(1) Balances based on loan original contractual terms.