Loans (Tables)

12 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Loan Balances

Loans at year-end were as follows:

	2024			2023
Commercial & Agriculture	$	328,488		$	304,793
Commercial Real Estate - Owner Occupied		374,367			377,321
Commercial Real Estate - Non-Owner Occupied		1,225,991			1,161,894
Residential Real Estate		763,869			659,841
Real Estate Construction		305,992			260,409
Farm Real Estate		23,035			24,771
Lease financing receivable		46,900			54,642
Consumer and Other		12,588			18,056
Total Loans		3,081,230			2,861,727
Allowance for credit losses		(39,669	)		(37,160	)
Net loans	$	3,041,561		$	2,824,567

Schedule of Net Investment in Direct financing and Sales-type leases

The net investment in direct financing and sales-type leases was comprised of the following:

	At December 31,
	2024			2023
Minimum lease payments receivable	$	53,284		$	63,564
Unguaranteed residual assets		1,286			634
Unamortized direct costs		—			—
Unearned income		(7,670	)		(9,556	)
Total net investment in direct financing and sales-type leases	$	46,900		$	54,642

Scheduled of Undiscounted Future Minimum Lease Payments Receivable for Direct Financing and Sales-Type Leases

Undiscounted future minimum lease payments receivable for direct financing and sales-type leases at December 31, 2024 were as follows:

	At December 31,
	2024
2025	$	16,736
2026		14,360
2027		10,712
2028		7,307
2029		2,899
Thereafter		1,270
Total undiscounted future minimum lease payments receivable for direct financing and sales-type leases	$	53,284

Loans to Directors and Executive Officers Including Immediate Families

Loans to principal officers, directors, and their affiliates at year-end 2024 and 2023 were as follows:

	2024			2023
Balance - Beginning of year	$	10,550		$	21,107
New loans and advances		3,719			1,477
Repayments		(2,732	)		(2,205	)
Effect of changes to related parties		10,253			(9,829	)
Balance - End of year	$	21,790		$	10,550