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Allowance for Loan and Lease Losses (Tables)

3 Months Ended

Mar. 31, 2021

Receivables [Abstract]

Schedule of originated and acquired loan and lease losses by portfolio segment

Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

Three Months Ended March 31, 2021
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance			$	9,239		$	30,546		$	10,257		$	1,562		$	65		$	51,669
Charge-offs			(116)			0			0			(91)			0			(207)
Recoveries			97			213			34			43			0			387
Provision (credit) for credit loss expense			(1,470)			(292)			(821)			69			4			(2,510)
Ending Balance			$	7,750		$	30,467		$	9,470		$	1,583		$	69		$	49,339

Three Months Ended March 31, 2020
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance, prior to adoption of ASU 2016-13			$	10,541		$	21,608		$	6,381		$	1,362		$	0		39,892
Impact of adopting ASU 2016-13			(2,008)			(5,917)			4,459			850			82			(2,534)
Charge-offs			(1)			(1,290)			(2)			(137)			0			(1,430)
Recoveries			16			18			79			69			0			182
Provision (credit) for credit loss expense			3,117			8,027			5,413			(261)			(2)			16,294
Ending Balance			$	11,665		$	22,446		$	16,330		$	1,883		$	80		$	52,404

The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related allowance for credit losses allocated to these loans:

(In thousands)			Real Estate			Business Assets			Other			Total			ACL Allocation
March 31, 2021
Commercial and Industrial			$	93		$	549		$	517		$	1,159		$	5
Commercial Real Estate			26,542			105			0			26,647			184
Total			$	26,635		$	654		$	517		$	27,806		$	189

(In thousands)			Real Estate			Business Assets			Other			Total			ACL Allocation
December 31, 2020
Commercial and Industrial			$	103		$	582		$	110		$	795		$	122
Commercial Real Estate			24,277			1,418			0			25,695			186
Total			$	24,380		$	2,000		$	110		$	26,490		$	308

Schedule of troubled debt restructurings

The following table presents information on loans modified in a TDR during the period ended March 31, 2020. Post-modification amounts are presented as of March 31, 2020.

March 31, 2020			Three Months Ended
												Defaulted TDRs2
(In thousands)			Number of Loans			Pre-Modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment			Number of Loans			Post-Modification Outstanding Recorded Investment
Commercial real estate
Commercial real estate other			0			$	0		$	0		1			$	37
Residential real estate
Home equity1			2			121			121			1			87
Total			2			$	121		$	121		2			$	124

1 Represents the following concessions:  extension of term and reduction of rate.

2 TDRs that defaulted during the three months ended March 31, 2020 that had been restructured in the prior twelve months.

Schedule of credit quality indicators on loans by class of commercial and industrial loans and commercial real estate loans

The following tables present credit quality indicators by total loans on an amortized cost basis by origination year as of March 31, 2021 and December 31, 2020.

March 31, 2021

(In thousands)			2021			2020			2019			2018			2017			Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term			Total Loans
Commercial & Industrial - Other:
Internal risk grade:
Pass			$	39,717		$	69,614		$	68,152		$	52,359		$	54,137		$	318,853		$	149,103		$	167		$	752,102
Special Mention			29			899			345			341			697			1,810			2,197			0			6,318
Substandard			30			409			304			878			396			873			1,646			0			4,536
Total Commercial & Industrial - Other			$	39,776		$	70,922		$	68,801		$	53,578		$	55,230		$	321,536		$	152,946		$	167		$	762,956
Commercial and Industrial - PPP:
Pass			$	200,794		$	169,213		$	0		$	0		$	0		$	0		$	0		$	0		$	370,007
Special Mention			0			0			0			0			0			0			0			0			0
Substandard			0			0			0			0			0			0			0			0			0
Total Commercial and Industrial - PPP			$	200,794		$	169,213		$	0		$	0		$	0		$	0		$	0		$	0		$	370,007
Commercial and Industrial - Agriculture:
Pass			$	613		$	9,851		$	7,253		$	10,446		$	6,575		$	4,668		$	33,804		$	295		$	73,505
Special Mention			0			0			0			27			681			0			1,586			0			2,294
Substandard			0			96			72			0			156			2,300			2,269			0			4,893
Total Commercial and Industrial - Agriculture			$	613		$	9,947		$	7,325		$	10,473		$	7,412		$	6,968		$	37,659		$	295		$	80,692
Commercial Real Estate
Pass			$	51,512		$	272,752		$	246,240		$	225,940		$	232,958		$	924,083		$	93,777		$	698		$	2,047,960
Special Mention			0			36			13,000			3,892			4,613			80,088			139			0			101,768
Substandard			0			0			4,933			18,540			6,172			23,231			294			0			53,170
Total Commercial Real Estate			$	51,512		$	272,788		$	264,173		$	248,372		$	243,743		$	1,027,402		$	94,210		$	698		$	2,202,898
Commercial Real Estate - Agriculture:
Pass			$	4,538		$	22,338		$	33,141		$	43,997		$	21,536		$	56,972		$	6,116		$	2,100		$	190,738
Special Mention			0			1,946			0			592			1,353			1,047			49			0			4,987
Substandard			0			0			0			0			1,776			2,011			699			0			4,486
Total Commercial Real Estate - Agriculture			$	4,538		$	24,284		$	33,141		$	44,589		$	24,665		$	60,030		$	6,864		$	2,100		$	200,211
Commercial Real Estate - Construction
Pass			$	1,740		$	15,365		$	19,350		$	7,792		$	2,447		$	3,283		$	120,952		$	4,464		$	175,393
Special Mention			0			0			0			0			0			404			615			0			1,019
Substandard			0			0			0			0			0			318			0			0			318
Total Commercial Real Estate - Construction			$	1,740		$	15,365		$	19,350		$	7,792		$	2,447		$	4,005		$	121,567		$	4,464		$	176,730

December 31, 2020

(In thousands)			2020			2019			2018			2017			2016			Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term			Total Loans
Commercial & Industrial - Other:
Internal risk grade:
Pass			$	91,597		$	72,639		$	56,191		$	60,714		$	33,402		$	301,027		$	149,969		$	16,301		$	781,840
Special Mention			1,064			367			344			912			2,045			228			1,331			0			6,291
Substandard			412			305			933			485			292			783			1,646			0			4,856
Total Commercial & Industrial - Other			$	93,073		$	73,311		$	57,468		$	62,111		$	35,739		$	302,038		$	152,946		$	16,301		$	792,987
Commercial and Industrial - Agriculture:
Pass			$	11,536		$	8,005		$	11,162		$	6,531		$	3,539		$	2,599		$	41,936		$	1,340		$	86,648
Special Mention			0			0			28			729			0			0			2080			0			2837
Substandard			99			83			0			202			0			2308			2312			0			5004
Total Commercial and Industrial - Agriculture			$	11,635		$	8,088		$	11,190		$	7,462		$	3,539		$	4,907		$	46,328		$	1,340		$	94,489
Commercial and Industrial - PPP:
Pass			$	291,252		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	291,252
Special Mention			0			0			0			0			0			0			0			0			0
Substandard			0			0			0			0			0			0			0			0			0
Total Commercial and Industrial - PPP			$	291,252		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	291,252
Commercial Real Estate
Pass			$	278,747		$	246,331		$	232,651		$	237,487		$	290,106		$	664,027		$	33,117		$	64,903		$	2,047,369
Special Mention			35			13,016			5,612			4,654			34,310			46,074			203			0			103,904
Substandard			0			4,933			18,395			6,172			5,625			17,610			302			0			53,037
Total Commercial Real Estate			$	278,782		$	264,280		$	256,658		$	248,313		$	330,041		$	727,711		$	33,622		$	64,903		$	2,204,310
Commercial Real Estate - Agriculture:
Pass			$	22,440		$	35,081		$	44,519		$	22,356		$	17,081		$	44,559		$	919		$	5,602		$	192,557
Special Mention			1,960			0			575			1,366			1,053			6			49			0			5,009
Substandard			0			0			0			1,777			713			1,527			283			0			4,300
Total Commercial Real Estate - Agriculture			$	24,400		$	35,081		$	45,094		$	25,499		$	18,847		$	46,092		$	1,251		$	5,602		$	201,866
Commercial Real Estate - Construction
Pass			$	14,465		$	20,705		$	7,999		$	2,478		$	1,879		$	6,682		$	85,513		$	21,051		$	160,772
Special Mention			0			0			0			0			0			467			1,453			0			1,920
Substandard			0			0			0			0			0			324			0			0			324
Total Commercial Real Estate - Construction			$	14,465		$	20,705		$	7,999		$	2,478		$	1,879		$	7,473		$	86,966		$	21,051		$	163,016

The following tables present credit quality indicators by total loans on an amortized cost basis by origination year as of March 31, 2021 and December 31, 2020, continued.

March 31, 2021

(In thousands)			2021			2020			2019			2018			2017			Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term			Total Loans
Residential - Home Equity
Performing			$	132		$	1,372		$	3,533		$	895		$	1,353		$	104		$	181,932		$	672		$	189,993
Nonperforming			0			0			18			0			0			677			2,214			0			2,909
Total Residential - Home Equity			$	132		$	1,372		$	3,551		$	895		$	1,353		$	781		$	184,146		$	672		$	192,902
Residential - Mortgages
Performing			$	69,755		$	297,688		$	185,225		$	116,236		$	145,978		$	394,149		$	14,515		$	196		$	1,223,742
Nonperforming			0			0			0			451			701			8,642			42			0			9,836
Total Residential - Mortgages			$	69,755		$	297,688		$	185,225		$	116,687		$	146,679		$	402,791		$	14,557		$	196		$	1,233,578
Consumer - Direct
Performing			$	7,664		$	13,471		$	10,291		$	7,405		$	6,165		$	12,209		$	6,631		$	0		$	63,836
Nonperforming			0			0			39			81			13			0			0			0			133
Total Consumer - Direct			$	7,664		$	13,471		$	10,330		$	7,486		$	6,178		$	12,209		$	6,631		$	0		$	63,969
Consumer - Indirect
Performing			$	351		$	1,304		$	2,583		$	1,873		$	844		$	329		$	0		$	0		$	7,284
Nonperforming			0			0			68			58			0			37			0			0			163
Total Consumer Indirect			$	351		$	1,304		$	2,651		$	1,931		$	844		$	366		$	0		$	0		$	7,447

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Tabular disclosure of allowance for credit loss on financing receivable.

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

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-Publisher FASB
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Tabular disclosure of troubled debt restructurings in the current period: (1) for each restructuring, the principal changes in terms, the major features of settlement, or both; (2) the aggregate gain (loss) on restructuring of payables; (3) the income tax effect on the gain or loss recognized on the restructuring of payables; (4) the gain (loss) recognized on the restructuring of payables, after the impact of income tax expense or benefit; and (5) the aggregate gain (loss) on transfer of assets recognized during the period, after the impact of income tax expense or benefit.

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