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Loans

12 Months Ended

Dec. 31, 2020

Loans were comprised of the following classifications at December 31:


	2020		2019
Commercial:
Commercial and Industrial Loans	$	638,773	$	532,501
Commercial Real Estate Loans	1,467,397		1,495,862
Agricultural Loans	376,186		384,526
Leases	55,664		57,257
Retail:
Home Equity Loans	219,348		225,755
Consumer Loans	66,717		69,264
Credit Cards	11,637		11,953
Residential Mortgage Loans	256,276		304,855
Subtotal	3,091,998		3,081,973
Less: Unearned Income	(3,926)		(4,882)
Allowance for Credit Losses	(46,859)		(16,278)
Loans, net	$	3,041,213	$	3,060,813

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law, providing an approximately $2 trillion stimulus package that includes direct payments to individual taxpayers, economic stimulus to significantly impacted industry sectors, emergency funding for hospitals and providers, small business loans, increased unemployment benefits, and a variety of tax incentives. For small businesses, eligible nonprofits and certain others, the CARES Act established a Paycheck Protection Program (“PPP”), which is administered by the Small Business Administration (“SBA”). On April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act was enacted. Among other things, this legislation amends the initial CARES Act program by raising the appropriation level for PPP loans from $349 billion to $670 billion. The PPP was further modified on June 5, 2020 with the adoption of the Paycheck Protection Program Flexibility Act (the “Flexibility Act”), which extended the maturity date for PPP loans from two years to five years for loans disbursed on or after the date of enactment of the Flexibility Act. For PPP loans disbursed prior to such enactment, the Flexibility Act permits the borrower and lender to mutually agree to extend the term of the loan to five years. The vast majority of the Company's PPP loans have two-year maturities. PPP loans earn interest at a fixed rate of 1% and are fully guaranteed by the U.S. government. During 2020, the Bank originated loans totaling approximately $351.3 million ($339.3 million net of deferred fees) in principal amount, on 3,070 PPP loan relationships under this program. As a result of the forgiveness of PPP loans which began in the fourth quarter of 2020 for the Company, remaining PPP loans outstanding totaled $186.0 million ($182.0 million net of deferred fees) as of December 31, 2020 and are included above in the Commercial and Industrial Loan category.

Allowance for Credit Losses for Loans

The following table presents the activity in the allowance for credit losses by portfolio segment for the year ended December 31, 2020:


December 31, 2020	Commercial and Industrial Loans		Commercial Real Estate Loans		Agricultural Loans		Leases		Consumer Loans		Home Equity Loans		Credit Cards		Residential Mortgage Loans		Unallocated		Total
Allowance for Credit Losses:
Beginning balance prior to adoption of ASC 326	$	4,799	$	4,692	$	5,315	$	—	$	434	$	200	$	—	$	333	$	505	$	16,278
Impact of adopting ASC 326	2,245		3,063		1,438		105		(59)		762		124		1,594		(505)		8,767
Impact of adopting ASC 326 - PCD Loans	2,191		4,385		128		—		—		35		—		147		—		6,886
Provision for credit loss expense	(694)		17,645		(125)		95		527		66		131		(95)		—		17,550
Initial allowance on loans purchased with credit deterioration	—		—		—		—		—		—		—		—		—		—
Loans Charged-off	(2,119)		(36)		—		—		(766)		(67)		(109)		(39)		—		(3,136)
Recoveries collected	23		129		—		—		354		—		4		4		—		514
Total ending allowance balance	$	6,445	$	29,878	$	6,756	$	200	$	490	$	996	$	150	$	1,944	$	—	$	46,859

The Company utilizes the Static Pool methodology in determining expected future credit losses. Static pool analysis means segmenting and tracking loans over a period of time based on similar risk characteristics such as loan structure, collateral type, industry of borrower and concentrations, contractual terms and credit risk indicators. Static pool calculates a loss rate on a closed pool of loans that existed on a specified start date based upon the remaining life of each segment.

The Company's expected loss estimate is anchored in historical credit loss experience, with an emphasis on all available portfolio data. The Company's historical look-back period includes January 2014 through the current period, on a monthly basis.

Qualitative reserves reflect management’s overall estimate of the extent to which current expected credit losses on collectively evaluated loans will differ from historical loss experience. The analysis takes into consideration industry and collateral concentrations, acquired loan portfolio characteristics and other credit-related analytics as deemed appropriate. Management attempts to quantify qualitative reserves whenever possible.

For the year ended December 31, 2020, the allowance for credit losses increased primarily due to macroeconomic factors surrounding the COVID-19 pandemic. While there continues to be great uncertainty related to COVID-19 on our borrowers and communities, we have recognized significant declines in employment and gross domestic product which are key indicators utilized in our forecasting for our allowance calculations. Based on the potential increased losses related to the economic impact

of the COVID-19 pandemic, the bank has considered this loss experience may align with loss experience from the recessionary period from 2008-2011 and qualitative adjustments have been made accordingly. Since PPP loans are guaranteed by the Small Business Administration (SBA), they have minimal impact on the allowance for credit losses.

All classes of loans, including loans acquired with deteriorated credit quality, are generally placed on non-accrual status when scheduled principal or interest payments are past due for 90 days or more or when the borrower’s ability to repay becomes doubtful. For purchased loans, the determination is made at the time of acquisition as well as over the life of the loan. Uncollected accrued interest for each class of loans is reversed against income at the time a loan is placed on non-accrual. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. All classes of loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans are typically charged-off at 180 days past due, or earlier if deemed uncollectible. Exceptions to the non-accrual and charge-off policies are made when the loan is well secured and in the process of collection.

The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 89 days still accruing as of December 31, 2020:


	Non-Accrual With No Allowance for Credit Loss (1)		Non-Accrual		Loans Past Due Over 89 Days Still Accruing

Commercial and Industrial Loans	$	4,571	$	8,133	$	—
Commercial Real Estate Loans	3,152		10,188		—
Agricultural Loans	1,291		1,915		—
Leases	—		—		—
Home Equity Loans	271		271		—
Consumer Loans	77		84		—
Credit Cards	86		86		—
Residential Mortgage Loans	671		830		—
Total	$	10,119	$	21,507	$	—

(1) Includes non-accrual loans with no allowance for credit loss and are also included in Non-Accrual loans totaling $21,507.

Interest income on non-accrual loans recognized during the year ended December 31, 2020 total $28.

The following table presents the amortized cost basis of collateral-dependent loans by class of loans as of December 31, 2020:


	Real Estate		Equipment		Accounts Receivable		Other		Total

Commercial and Industrial Loans	$	4,943	$	3,014	$	669	$	154	$	8,780
Commercial Real Estate Loans	11,877		—		—		1,530		13,407
Agricultural Loans	3,064		—		—		—		3,064
Leases	—		—		—		—		—
Home Equity Loans	416		—		—		—		416
Consumer Loans	4		4		—		3		11
Credit Cards	—		—		—		—		—
Residential Mortgage Loans	817		—		—		—		817
Total	$	21,121	$	3,018	$	669	$	1,687	$	26,495

The following table presents the aging of the amortized cost basis in past due loans by class of loans as of December 31, 2020:


	30-59 Days Past Due		60-89 Days Past Due		Greater Than 89 Days Past Due		Total Past Due		Loans Not Past Due		Total
December 31, 2020
Commercial and Industrial Loans	$	477	$	909	$	2,441	$	3,827	$	634,946	$	638,773
Commercial Real Estate Loans	5		4,877		3,682		8,564		1,458,833		1,467,397
Agricultural Loans	—		—		651		651		375,535		376,186
Leases	—		—		—		—		55,664		55,664
Home Equity Loans	672		5		271		948		218,400		219,348
Consumer Loans	233		84		65		382		66,335		66,717
Credit Cards	95		80		86		261		11,376		11,637
Residential Mortgage Loans	3,737		1,590		529		5,856		250,420		256,276
Total	$	5,219	$	7,545	$	7,725	$	20,489	$	3,071,509	$	3,091,998

Troubled Debt Restructurings:

In certain instances, the Company may choose to restructure the contractual terms of loans. A troubled debt restructuring occurs when the Bank grants a concession to the borrower that it would not otherwise consider due to a borrower’s financial difficulty. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without modification. This evaluation is performed under the Company’s internal underwriting policy. The Company uses the same methodology for loans acquired with deteriorated credit quality as for all other loans when determining whether the loan is a troubled debt restructuring.

As of December 31, 2020 and 2019, the Company had trouble debt restructurings totaling $111 and $116, respectively. The Company had no specific allocation of allowance for these loans at December 31, 2020.

The Company had not committed to lending any additional amounts during 2020 or 2019 to customers with outstanding loans that are classified as trouble debt restructurings.

During the years ended December 31, 2020 and 2019, the Company had no loans modified as troubled debt restructurings. Additionally, there were no loans modified as trouble debt restructurings for which there was a payment default within twelve months following the modification during the years ended December 31, 2020 and 2019.

A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms.

Loan Modifications and Troubled Debt Restructurings due to COVID-19

On April 7, 2020, the FRB, the Office of the Comptroller of the Currency (the “OCC”), and the Federal Deposit Insurance Corporation (the “FDIC” and, together with the FRB and OCC, the “federal banking regulators”) issued a revised Interagency Statement on Loan Modifications and Reporting for Financial Institutions, which, among other things, encouraged financial institutions to work prudently with borrowers who are or may be unable to meet their contractual payment obligations because of the effects of COVID-19, and stated that institutions generally do not need to categorize COVID-19-related modifications as troubled debt restructurings and that the agencies will not direct supervised institutions to automatically categorize all COVID-19 related loan modifications as troubled debt restructurings. Similarly, under the CARES Act, provisions were included that allow for loan modifications to not be classified as TDRs if certain criteria are met. This TDR exemption, which was set to expire on December 31, 2020, was extended under the CAA to the earlier of (i) 60 days after the national emergency concerning the COVID-19 outbreak terminates, and (ii) January 1, 2022.

In response to requests from borrowers who have experienced pandemic-related business or personal cash flow interruptions, and in accordance with regulatory guidance, the Company has made short-term loan modifications involving both partial and full payment deferrals. The table below shows the payment modifications that were still in effect as of December 31, 2020, with the majority of these credit relationships making full interest payments. The outstanding loan balance subject to payment modifications as of December 31, 2020 was substantially reduced from the comparable balances as of June 30, 2020 and September 30, 2020.


				% of Loan Category (Excludes PPP Loans)
Type of Loans (dollars in thousands)	Number of Loans	Outstanding Balance		As of 12/31/2020		As of 9/30/2020

Commercial & Industrial Loans	9	$	4,311	0.8	%	1.2	%
Commercial Real Estate Loans	15	43,951		3.0	%	5.7	%
Agricultural Loans	—	—		—	%	—	%
Consumer Loans	9	80		n/m (1)		n/m (1)
Residential Mortgage Loans	4	218		0.1	%	0.5	%
Total	37	$	48,560	1.7	%	3.1	%

(1) n/m = not meaningful

Credit Quality Indicators:

The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company classifies loans as to credit risk by individually analyzing loans. This analysis includes commercial and industrial loans, commercial real estate loans, and agricultural loans with an outstanding balance greater than $250. This analysis is typically performed on at least an annual basis. The Company uses the following definitions for risk ratings:

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 of the institution’s credit position at some future date.

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

Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans.

Based on the most recent analysis performed, the risk category of loans by class of loans is as follows:


	Term Loans Amortized Cost Basis by Origination Year
As of December 31, 2020	2020		2019		2018		2017		2016		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial and Industrial:
Risk Rating
Pass	$	260,027	$	88,273	$	46,681	$	31,612	$	21,025	$	48,508	$	109,228	$	605,354
Special Mention	618		1,102		2,756		1,739		206		1,972		9,948		18,341
Substandard	143		164		1,283		1,530		607		5,416		5,935		15,078
Doubtful	—		—		—		—		—		—		—		—
Total Commercial & Industrial Loans	$	260,788	$	89,539	$	50,720	$	34,881	$	21,838	$	55,896	$	125,111	$	638,773

Commercial Real Estate:
Risk Rating
Pass	$	296,265	$	215,226	$	179,129	$	183,703	$	171,016	$	295,641	$	29,634	$	1,370,614
Special Mention	883		9,361		15,232		23,489		7,578		20,294		147		76,984
Substandard	—		1,131		1,735		1,692		4,292		10,849		100		19,799
Doubtful	—		—		—		—		—		—		—		—
Total Commercial Real Estate Loans	$	297,148	$	225,718	$	196,096	$	208,884	$	182,886	$	326,784	$	29,881	$	1,467,397

Agricultural:
Risk Rating
Pass	$	49,242	$	25,449	$	31,285	$	32,368	$	22,702	$	64,890	$	75,871	$	301,807
Special Mention	11,503		9,911		3,111		8,767		2,707		10,125		16,318		62,442
Substandard	578		73		394		1,228		4,466		5,198		—		11,937
Doubtful	—		—		—		—		—		—		—		—
Total Agricultural Loans	$	61,323	$	35,433	$	34,790	$	42,363	$	29,875	$	80,213	$	92,189	$	376,186

Leases:
Risk Rating
Pass	$	18,258	$	17,517	$	9,176	$	5,415	$	1,605	$	3,693	$	—	$	55,664
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total Leases	$	18,258	$	17,517	$	9,176	$	5,415	$	1,605	$	3,693	$	—	$	55,664

The Company considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential, home equity and consumer loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the amortized cost in residential, home equity and consumer loans based on payment activity.


	Term Loans Amortized Cost Basis by Origination Year
As of December 31, 2020	2020		2019		2018		2017		2016		Prior		Revolving Loans Amortized Cost Basis		Total
Consumer:
Payment performance
Performing	$	33,857	$	16,486	$	8,456	$	2,115	$	910	$	2,245	$	2,563	$	66,632
Nonperforming	—		—		11		2		14		23		35		85
Total Consumer Loans	$	33,857	$	16,486	$	8,467	$	2,117	$	924	$	2,268	$	2,598	$	66,717

Home Equity:
Payment performance
Performing	$	—	$	—	$	34	$	46	$	67	$	490	$	218,440	$	219,077
Nonperforming	—		—		—		—		—		—		271		271
Total Home Equity Loans	$	—	$	—	$	34	$	46	$	67	$	490	$	218,711	$	219,348

Residential Mortgage:
Payment performance
Performing	$	45,945	$	26,536	$	28,050	$	28,764	$	25,155	$	100,998	$	—	$	255,448
Nonperforming	—		—		—		—		—		828		—		828
Total Residential Mortgage Loans	$	45,945	$	26,536	$	28,050	$	28,764	$	25,155	$	101,826	$	—	$	256,276

The Company considers the performance of the loan portfolio and its impact on the allowance for credit losses. For certain retail loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the recorded investment in retail loans based on payment activity:


	Credit Cards
As of December 31, 2020
Performing	$	11,551
Nonperforming	86
Total	$	11,637

The following tables present loans purchased and/or sold during the year by portfolio segment:


	Commercial and Industrial Loans		Commercial Real Estate Loans		Agricultural Loans		Leases		Consumer Loans		Home Equity Loans		Credit Cards		Residential Mortgage Loans		Total
December 31, 2020
Purchases	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Sales	—		3,128		—		—		—		—		—		—		3,128

December 31, 2019
Purchases	$	2,051	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	2,051
Sales	—		—		—		—		—		—		—		—		—

Certain directors, executive officers, and principal shareholders of the Company, including their immediate families and companies in which they are principal owners, were loan customers of the Company during 2020. A summary of the activity of these loans follows:


Balance January 1, 2020		Additions		Changes in Persons Included		Deductions				Balance December 31, 2020
						Collected		Charged-off

$	26,243	$	24,482	$	—	$	(17,981)	$	—	$	32,744

Allowance for Loan Losses

Prior to the adoption of ASC 326 on January 1, 2020, the Company calculated the allowance for loan losses using the incurred loss methodology. The following tables are disclosures related to the allowance for loan losses in prior periods.

The following tables present the activity in the allowance for loan losses by portfolio class for the years ended December 31, 2019 and 2018:


	Commercial and Industrial Loans and Leases		Commercial Real Estate Loans		Agricultural Loans		Home Equity Loans		Consumer Loans		Residential Mortgage Loans		Unallocated		Total
December 31, 2019
Beginning Balance	$	2,953	$	5,291	$	5,776	$	229	$	420	$	472	$	682	$	15,823
Provision for Loan Losses	5,600		(308)		(461)		(27)		727		(29)		(177)		5,325
Recoveries	56		29		—		8		432		7		—		532
Loans Charged-off	(3,810)		(320)		—		(10)		(1,145)		(117)		—		(5,402)
Ending Balance	$	4,799	$	4,692	$	5,315	$	200	$	434	$	333	$	505	$	16,278


	Commercial and Industrial Loans and Leases		Commercial Real Estate Loans		Agricultural Loans		Home Equity Loans		Consumer Loans		Residential Mortgage Loans		Unallocated		Total
December 31, 2018
Beginning Balance	$	4,735	$	4,591	$	4,894	$	330	$	298	$	343	$	503	$	15,694
Provision for Loan Losses	(423)		729		862		(52)		608		167		179		2,070
Recoveries	141		20		20		12		375		37		—		605
Loans Charged-off	(1,500)		(49)		—		(61)		(861)		(75)		—		(2,546)
Ending Balance	$	2,953	$	5,291	$	5,776	$	229	$	420	$	472	$	682	$	15,823

The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio class and based on impairment method as of December 31, 2019:


December 31, 2019	Total		Commercial and Industrial Loans and Leases		Commercial Real Estate Loans		Agricultural Loans		Home Equity Loans		Consumer Loans		Residential Mortgage Loans		Unallocated
Allowance for Loan Losses:
Ending Allowance Balance Attributable to Loans:
Individually Evaluated for Impairment	$	2,971	$	2,412	$	559	$	—	$	—	$	—	$	—	$	—
Collectively Evaluated for Impairment	12,902		2,387		3,733		5,315		200		434		328		505
Acquired with Deteriorated Credit Quality	405		—		400		—		—		—		5		—
Total Ending Allowance Balance	$	16,278	$	4,799	$	4,692	$	5,315	$	200	$	434	$	333	$	505

Loans:
Loans Individually Evaluated for Impairment	$	6,269	$	4,707	$	1,562	$	—	$	—	$	—	$	—	n/m(2)
Loans Collectively Evaluated for Impairment	3,076,835		585,328		1,491,090		387,710		226,406		81,429		304,872		n/m(2)
Loans Acquired with Deteriorated Credit Quality	12,798		1,368		7,212		3,161		369		—		688		n/m(2)
Total Ending Loans Balance (1)	$	3,095,902	$	591,403	$	1,499,864	$	390,871	$	226,775	$	81,429	$	305,560	n/m(2)

(1) Total recorded investment in loans includes $13,929 in accrued interest.

(2)n/m = not meaningful

The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2019:


	Unpaid Principal Balance(1)		Recorded Investment		Allowance for Loan Losses Allocated
December 31, 2019
With No Related Allowance Recorded:
Commercial and Industrial Loans and Leases	$	3,638	$	524	$	—
Commercial Real Estate Loans	4,738		2,058		—
Agricultural Loans	3,294		2,738		—
Subtotal	11,670		5,320		—
With An Allowance Recorded:
Commercial and Industrial Loans and Leases	5,042		4,521		2,412
Commercial Real Estate Loans	2,187		1,865		959
Agricultural Loans	—		—		—
Subtotal	7,229		6,386		3,371
Total	$	18,899	$	11,706	$	3,371

Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)	$	9,994	$	4,624	$	—
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)	$	1,134	$	813	$	400

(1) Unpaid Principal Balance is the remaining contractual payments gross of partial charge-offs and discounts.

The following tables present the average balance and related interest income of loans individually evaluated for impairment by class of loans for the years ended December 31, 2019 and 2018:


	Average Recorded Investment		Interest Income Recognized		Cash Basis Recognized
December 31, 2019
With No Related Allowance Recorded:
Commercial and Industrial Loans and Leases	$	1,175	$	19	$	1
Commercial Real Estate Loans	2,947		81		1
Agricultural Loans	1,790		1		—
Subtotal	5,912		101		2
With An Allowance Recorded:
Commercial and Industrial Loans and Leases	3,753		—		1
Commercial Real Estate Loans	3,141		—		1
Agricultural Loans	—		—		—
Subtotal	6,894		—		2
Total	$	12,806	$	101	$	4

Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)	$	4,321	$	61	$	3
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)	$	1,766	$	—	$	—


	Average Recorded Investment		Interest Income Recognized		Cash Basis Recognized
December 31, 2018
With No Related Allowance Recorded:
Commercial and Industrial Loans and Leases	$	1,164	$	53	$	3
Commercial Real Estate Loans	2,163		80		36
Agricultural Loans	770		—		—
Subtotal	4,097		133		39
With An Allowance Recorded:
Commercial and Industrial Loans and Leases	2,956		2		9
Commercial Real Estate Loans	4,680		18		—
Agricultural Loans	—		—		—
Subtotal	7,636		20		9
Total	$	11,733	$	153	$	48

Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)	$	875	$	21	$	—
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)	$	151	$	29	$	—

The following table presents the recorded investment in non-accrual loans and loans past due 90 days or more still on accrual by class of loans as of December 31, 2019:


			Loans Past Due 90 Days or More
	Non-Accrual		& Still Accruing
Commercial and Industrial Loans and Leases	$	4,940	$	190
Commercial Real Estate Loans	3,433		—
Agricultural Loans	2,739		—
Home Equity Loans	79		—
Consumer Loans	115		—
Residential Mortgage Loans	2,496		—
Total	$	13,802	$	190
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)	$	5,393	$	—
Loans Acquired in Current Year (Included in the Total Above)	$	2,058	$	—

The following tables present the aging of the recorded investment in past due loans by class of loans as of December 31, 2019:


	Total		30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Loans Not Past Due
December 31, 2019
Commercial and Industrial Loans and Leases	$	591,403	$	4,689	$	83	$	799	$	5,571	$	585,832
Commercial Real Estate Loans	1,499,864		209		431		2,106		2,746		1,497,118
Agricultural Loans	390,871		499		—		329		828		390,043
Home Equity Loans	226,775		1,121		253		80		1,454		225,321
Consumer Loans	81,429		347		156		89		592		80,837
Residential Mortgage Loans	305,560		5,014		1,461		2,308		8,783		296,777
Total (1)	$	3,095,902	$	11,879	$	2,384	$	5,711	$	19,974	$	3,075,928
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)	$	12,798	$	18	$	—	$	1,589	$	1,607	$	11,191
Loans Acquired in Current Year (Included in the Total Above)	$	321,464	$	639	$	1	$	797	$	1,437	$	320,027

(1) Total recorded investment in loans includes $13,929 in accrued interest.

The risk category of loans by class of loans at December 31, 2019 is as follows:


	Pass		Special Mention		Substandard		Doubtful		Total
December 31, 2019
Commercial and Industrial Loans and Leases	$	556,706	$	19,671	$	15,026	$	—	$	591,403
Commercial Real Estate Loans	1,453,310		30,504		16,050		—		1,499,864
Agricultural Loans	325,991		49,053		15,827		—		390,871
Total	$	2,336,007	$	99,228	$	46,903	$	—	$	2,482,138
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)	$	68	$	613	$	11,060	$	—	$	11,741
Loans Acquired in Current Year (Included in the Total Above)	$	254,629	$	16,535	$	12,769	$	—	$	283,933

The following table presents the recorded investment in home equity, consumer and residential mortgage loans based on payment activity as of December 31, 2019:


	Home Equity Loans		Consumer Loans		Residential Mortgage Loans
December 31, 2019
Performing	$	226,695	$	81,314	$	303,065
Nonperforming	80		115		2,495
Total	$	226,775	$	81,429	$	305,560