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Loans (Tables)
3 Months Ended
Mar. 31, 2022
Financing Receivable, Credit Quality Indicator - interest written off on nonaccrual loans [Line Items]  
Analysis of Loan Portfolio by Major Types of Loans
The Company’s loan portfolio includes originated and purchased loans. The following is an analysis of the loan portfolio by segment and class (net of unearned income):
March 31, 2022December 31, 2021
(dollars in thousands)
Commercial loans:
Commercial real estate$5,047,472 $4,981,263 
Commercial business3,492,307 3,423,268 
Agriculture765,319 795,715 
Construction409,242 384,755 
Consumer loans:
One-to-four family residential real estate1,003,157 1,013,908 
Other consumer42,187 43,028 
Total loans10,759,684 10,641,937 
Less: Allowance for credit losses(146,949)(155,578)
Total loans, net$10,612,735 $10,486,359 
Analysis of the Aged Loan Portfolio
The following is an aging of the recorded investment of the loan portfolio at the dates presented:
Current
Loans
30 - 59
Days
Past Due
60 - 89
Days
Past Due
Greater
than 90
Days Past
Due
Total
Past Due
Nonaccrual
Loans
Total Loans
March 31, 2022(in thousands)
Commercial loans:
Commercial real estate$5,045,647 $886 $— $— $886 $939 $5,047,472 
Commercial business3,478,768 3,013 325 — 3,338 10,201 3,492,307 
Agriculture755,439 4,332 495 — 4,827 5,053 765,319 
Construction409,242 — — — — — 409,242 
Consumer loans:
One-to-four family residential real estate1,001,426 495 — — 495 1,236 1,003,157 
Other consumer42,151 24 — — 24 12 42,187 
Total$10,732,673 $8,750 $820 $— $9,570 $17,441 $10,759,684 
Current
Loans
30 - 59
Days
Past Due
60 - 89
Days
Past Due
Greater
than 90
Days Past
Due
Total
Past Due
Nonaccrual
Loans
Total Loans
December 31, 2021(in thousands)
Commercial loans:
Commercial real estate$4,977,781 $— $1,610 $— $1,610 $1,872 $4,981,263 
Commercial business3,406,539 2,721 687 — 3,408 13,321 3,423,268 
Agriculture789,112 1,207 — — 1,207 5,396 795,715 
Construction384,755 — — — — — 384,755 
Consumer loans:
One-to-four family residential real estate1,010,343 921 211 — 1,132 2,433 1,013,908 
Other consumer42,998 11 — — 11 19 43,028 
Total$10,611,528 $4,860 $2,508 $— $7,368 $23,041 $10,641,937 
Interest written off on nonaccrual loans
The following table summarizes written-off interest on nonaccrual loans for the periods indicated:
Three Months Ended March 31,
20222021
(in thousands)
Commercial loans$68 $211 
Consumer loans
Total$76 $218 
Analysis of Nonaccrual Loans The following summarizes the amortized cost of nonaccrual loans for which there was no related ACL for the periods indicated:
March 31, 2022December 31, 2021
(in thousands)
Commercial loans:
Commercial real estate$— $932 
Commercial business4,418 5,131 
Agriculture3,662 3,756 
Consumer loans:
One-to-four family residential real estate774 — 
Total$8,854 $9,819 
Analysis of loans classified as Troubled Debt Restructurings (“TDR”)
The following is an analysis of loans classified as TDR for the periods indicated:
Three Months Ended March 31, 2022Three Months Ended March 31, 2021
Number of TDR ModificationsPre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
Number of TDR ModificationsPre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
(dollars in thousands)
Commercial loans:
Commercial real estate— $— $— $628 $628 
Commercial business— — — $843 $843 
Agriculture633 633 — — — 
Consumer loans:
One-to-four family residential real estate— — — 140 140 
Total$633 $633 10 $1,611 $1,611