XML 37 R14.htm IDEA: XBRL DOCUMENT v3.20.2
ALLOWANCE FOR CREDIT LOSSES
 6 Months Ended
Jun. 30, 2020
Loans and Leases Receivable Disclosure [Abstract]  
ALLOWANCE FOR CREDIT LOSSES ALLOWANCE FOR CREDIT LOSSES
Changes in the allowance for credit losses on loans for the three- and six- month periods ended June 30, 2020, and June 30, 2019, were as follows, in thousands:
Commercial
and
Industrial		PPPOwner Occupied Commercial Real EstateNon-Owner Occupied Commercial Real EstateReal Estate
Construction		Agricultural and Agricultural Real EstateResidential
Real Estate		ConsumerTotal
Balance at March 31, 2020$32,463  $—  $10,336  $8,321  $22,951  $4,797  $8,725  $9,757  $97,350  
Charge-offs(2,767) —  (213) (19) (84) (1) (235) (245) (3,564) 
Recoveries432  —  191  8  210  —  92  211  1,144  
Provision2,403  —  13,088  1,852  5,590  905  722  447  25,007  
Balance at June 30, 2020$32,531  $—  $23,402  $10,162  $28,667  $5,701  $9,304  $10,170  $119,937  
Commercial and IndustrialPPPOwner Occupied Commercial Real EstateNon-Owner Occupied Commercial Real EstateReal Estate ConstructionAgricultural and Agricultural
Real Estate		Residential
Real Estate		ConsumerTotal
Balance at December 31, 2019$30,787  $—  $8,214  $7,802  $11,599  $5,673  $1,504  $4,816  $70,395  
Impact of ASU 2016-13 adoption3,147  —  (407) (2,834) 3,413  (380) 4,817  4,315  12,071  
Charge-offs(8,363) —  (213) (19) (105) (254) (314) (597) (9,865) 
Recoveries784  —  192  8  215  826  95  344  2,464  
Provision6,176  —  15,616  5,205  13,545  (164) 3,202  1,292  44,872  
Balance at June 30, 2020
$32,531  $—  $23,402  $10,162  $28,667  $5,701  $9,304  $10,170  $119,937  

Commercial
and
Industrial		Owner Occupied Commercial Real EstateNon-Owner Occupied Commercial Real EstateReal Estate ConstructionAgricultural and Agricultural Real EstateResidential
Real Estate		ConsumerTotal
Balance at March 31, 2019$27,250  6,330  7,126  9,994  $5,518  $1,623  $4,798  $62,639  
Charge-offs(3,971) (13) —  (101) (48) (201) (446) (4,780) 
Recoveries276  4  60  124  1  34  574  1,073  
Provision4,125  (139) 296  (7) 515  136  (8) 4,918  
Balance at June 30, 2019$27,680  $6,182  $7,482  $10,010  $5,986  $1,592  $4,918  $63,850  
Commercial
and
Industrial		Owner Occupied Commercial Real EstateNon-Owner Occupied Commercial Real EstateReal Estate ConstructionAgricultural and Agricultural
Real Estate		Residential
Real Estate		ConsumerTotal
Balance at December 31, 2018$26,306  $6,525  $7,430  $9,679  $4,914  $1,813  $5,296  $61,963  
Charge-offs(4,951) (36) —  (155) (427) (341) (820) (6,730) 
Recoveries584  93  100  128  329  86  744  2,064  
Provision5,741  (400) (48) 358  1,170  34  (302) 6,553  
Balance at June 30, 2019$27,680  $6,182  $7,482  $10,010  $5,986  $1,592  $4,918  $63,850  
Changes in the allowance for credit losses on unfunded commitments for the three- and six months ended June 30, 2020, were as follows:
Balance at March 31, 2020$15,468  
Provision1,924  
Balance at June 30, 2020 $17,392  
Balance at December 31, 2019$248  
Impact of ASU 2016-13 adoption13,604  
Provision3,540  
Balance at June 30, 2020
$17,392  

Prior to the adoption of ASU 2016-13, the allowance for credit losses on unfunded commitments was considered immaterial.

Management allocates the allowance for credit losses by pools of risk within each loan portfolio. The allocation of the allowance for credit losses by loan portfolio is made for analytical purposes and is not necessarily indicative of the trend of future loan losses in any particular category. The total allowance for credit losses is available to absorb losses from any segment of the loan portfolio.