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Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2023

Receivables [Abstract]

Schedule of allowance for loan and lease losses segregated by originated and acquired loan and lease portfolios and by portfolio segment

The following table details activity in the allowance for credit losses on loans for the three and six months ended June 30, 2023 and 2022. 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 June 30, 2023
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance			$	6,316		$	27,186		$	10,858		$	1,628		$	111		$	46,099
Charge-offs			0			0			0			(169)			0			(169)
Recoveries			13			(9)			114			78			0			196
Provision (credit) for credit loss expense			356			1,791			139			143			(10)			2,419
Ending Balance			$	6,685		$	28,968		$	11,111		$	1,680		$	101		$	48,545

Three Months Ended June 30, 2022
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance			$	7,027		$	22,982		$	10,447		$	1,588		$	82		$	42,126
Charge-offs			0			(23)			(51)			(82)			0			(156)
Recoveries			6			764			197			76			0			1,043
Provision (credit) for credit loss expense			781			(496)			489			9			(3)			780
Ending Balance			$	7,814		$	23,227		$	11,082		$	1,591		$	79		$	43,793

Six Months Ended June 30, 2023
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance			$	6,039		$	27,287		$	11,154		$	1,358		$	96		$	45,934
Impact of adopting ASU 2016-13			2			16			46			0			0			64
Charge-offs			0			0			(2)			(275)			0			(277)
Recoveries			59			1,237			178			111			0			1,585
Provision (credit) for credit loss expense			585			428			(265)			486			5			1,239
Ending Balance			$	6,685		$	28,968		$	11,111		$	1,680		$	101		$	48,545

Six Months Ended June 30, 2022
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance			$	6,335		$	24,813		$	10,139		$	1,492		$	64		$	42,843
Charge-offs			(23)			(50)			(51)			(278)			0			(402)
Recoveries			26			805			307			168			0			1,306
Provision (credit) for credit loss expense			1,476			(2,341)			687			209			15			46
Ending Balance			$	7,814		$	23,227		$	11,082		$	1,591		$	79		$	43,793

The following table details activity in the liabilities for off-balance sheet credit exposures for the three and six months ended June 30, 2023 and 2022:

Three Months Ended June 30,
(In thousands)			2023			2022
Liabilities for off-balance sheet credit exposures at beginning of period			$	3,151		$	2,720
(Credit) provision for credit loss expense related to off-balance sheet credit exposures			(166)			76
Liabilities for off-balance sheet credit exposures at end of period			$	2,985		$	2,796

Six Months Ended June 30,
(In thousands)			2023			2022
Liabilities for off-balance sheet credit exposures at beginning of period			$	2,796		$	2,506
Provision for credit loss expense related to off-balance sheet credit exposures			189			290
Liabilities for off-balance sheet credit exposures at end of period			$	2,985		$	2,796

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
June 30, 2023
Commercial and Industrial			$	2,494		$	0		$	0		$	2,494		$	0
Commercial Real Estate			10,146			0			0			10,146			1,082
Residential Real Estate			181			0			0			181			0
Total			$	12,821		$	0		$	0		$	12,821		$	1,082

(In thousands)			Real Estate			Business Assets			Other			Total			ACL Allocation
December 31, 2022
Commercial and Industrial			$	642		$	28		$	0		$	670		$	0
Commercial Real Estate			13,209			0			78			13,287			0
Commercial Real Estate - Agriculture			1,515			0			0			1,515			0
Residential Real Estate			188			0			0			188			3
Total			$	15,554		$	28		$	78		$	15,660		$	3

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

The following table presents credit quality indicators by total loans on an amortized cost basis by origination year as of June 30, 2023 and December 31, 2022:

June 30, 2023
(In thousands)			2023			2022			2021			2020			2019			Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term			Total Loans
Commercial and Industrial - Other:
Internal risk grade:
Pass			$	54,166		$	110,845		$	75,993		$	33,954		$	39,929		$	169,064		$	203,109		$	2,954		$	690,014
Special Mention			0			0			112			297			113			1,488			771			0			2,781
Substandard			0			0			94			420			26			1,175			6,496			0			8,211
Total Commercial and Industrial - Other			$	54,166		$	110,845		$	76,199		$	34,671		$	40,068		$	171,727		$	210,376		$	2,954		$	701,006
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial and Industrial - PPP:
Pass			$	0		$	0		$	350		$	263		$	0		$	0		$	0		$	0		$	613
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			$	0		$	0		$	350		$	263		$	0		$	0		$	0		$	0		$	613
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial and Industrial - Agriculture:
Pass			$	5,774		$	13,555		$	3,754		$	3,903		$	3,559		$	10,452		$	23,314		$	344		$	64,655
Special Mention			0			0			53			0			0			0			30			0			83
Substandard			0			0			0			63			0			11			3			0			77
Total Commercial and Industrial - Agriculture			$	5,774		$	13,555		$	3,807		$	3,966		$	3,559		$	10,463		$	23,347		$	344		$	64,815
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial Real Estate
Pass			$	89,762		$	323,682		$	363,357		$	315,106		$	275,367		$	978,544		$	30,045		$	5,937		$	2,381,800
Special Mention			0			640			2,028			1,672			11,142			35,097			1,384			0			51,963
Substandard			0			15,369			108			0			2,915			34,796			116			0			53,304
Total Commercial Real Estate			$	89,762		$	339,691		$	365,493		316,778			289,424			1,048,437			$	31,545		$	5,937		$	2,487,067
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial Real Estate - Agriculture:
Pass			$	7,532		$	34,610		$	23,534		$	22,303		$	24,520		$	98,149		$	1,165		$	2,396		$	214,209
Special Mention			0			0			0			0			390			1,088			0			0			1,478
Substandard			0			0			0			0			179			49			0			0			228
Total Commercial Real Estate - Agriculture			$	7,532		$	34,610		$	23,534		$	22,303		$	25,089		$	99,286		$	1,165		$	2,396		$	215,915
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0

(In thousands)			2023			2022			2021			2020			2019			Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term			Total Loans
Commercial Real Estate - Construction
Pass			$	0		$	40,996		$	78,869		$	16,481		$	9,976		$	11,449		$	84,040		$	8,036		$	249,847
Special Mention			0			0			0			0			0			0			0			0			0
Substandard			0			0			0			0			0			0			0			0			0
Total Commercial Real Estate - Construction			$	0		$	40,996		$	78,869		$	16,481		$	9,976		$	11,449		$	84,040		$	8,036		$	249,847
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Residential - Home Equity
Performing			$	1,244		$	2,363		$	969		$	583		$	910		$	9,697		$	164,163		$	2,709		$	182,638
Nonperforming			0			0			0			0			0			451			2,440			0			2,891
Total Residential - Home Equity			$	1,244		$	2,363		$	969		$	583		$	910		$	10,148		$	166,603		$	2,709		$	185,529
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	2		$	0		$	0		$	2
Residential - Mortgages
Performing			$	50,668		$	191,160		$	265,103		$	231,672		$	113,613		$	482,913		$	0		$	0		$	1,335,129
Nonperforming			0			395			330			868			908			10,818			0			0			13,319
Total Residential - Mortgages			$	50,668		$	191,555		$	265,433		$	232,540		$	114,521		$	493,731		$	0		$	0		$	1,348,448
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Consumer - Direct
Performing			$	31,859		$	15,186		$	12,737		$	6,302		$	5,360		$	11,263		$	2,851		$	0		$	85,558
Nonperforming			0			5			1			3			92			132			3			0			236
Total Consumer - Direct			$	31,859		$	15,191		$	12,738		$	6,305		$	5,452		$	11,395		$	2,854		$	0		$	85,794
Current-period gross writeoffs			$	155		$	8		$	0		$	14		$	36		$	13		$	0		$	0		$	226
Consumer - Indirect
Performing			$	0		$	0		$	123		$	113		$	676		$	420		$	0		$	0		$	1,332
Nonperforming			0			0			0			0			71			16			0			0			87
Total Consumer - Indirect			$	0		$	0		$	123		$	113		$	747		$	436		$	0		$	0		$	1,419
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	39		$	10		$	0		$	0		$	49

December 31, 2022
(In thousands)			2022			2021			2020			2019			2018			Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term			Total Loans
Commercial and Industrial - Other:
Internal risk grade:
Pass			$	124,190		$	79,861		$	38,158		$	41,391		$	33,238		$	156,038		$	215,890		$	6,466		$	695,232
Special Mention			0			127			421			285			271			1,380			501			0			2,985
Substandard			0			111			442			35			733			503			5,659			0			7,483
Total Commercial and Industrial - Other			$	124,190		$	80,099		$	39,021		$	41,711		$	34,242		$	157,921		$	222,050		$	6,466		$	705,700
Commercial and Industrial - Agriculture:
Pass			$	16,694		$	4,120		$	4,944		$	4,186		$	7,734		$	4,883		$	42,097		$	215		$	84,873
Special Mention			0			58			0			0			0			0			50			0			108
Substandard			0			0			71			0			0			16			5			0			92
Total Commercial and Industrial - Agriculture			$	16,694		$	4,178		$	5,015		$	4,186		$	7,734		$	4,899		$	42,152		$	215		$	85,073
Commercial and Industrial - PPP:
Pass			$	0		$	416		$	340		$	0		$	0		$	0		$	0		$	0		$	756
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			$	0		$	416		$	340		$	0		$	0		$	0		$	0		$	0		$	756
Commercial Real Estate
Pass			$	342,311		$	367,104		$	311,607		$	279,587		$	203,016		$	812,563		$	10,906		$	24,503		$	2,351,597
Special Mention			643			3,406			1,688			11,462			2,555			25,361			0			0			45,115
Substandard			78			110			0			3,394			1,692			35,221			132			0			40,627
Total Commercial Real Estate			$	343,032		$	370,620		$	313,295		$	294,443		$	207,263		$	873,145		$	11,038		$	24,503		$	2,437,339
Commercial Real Estate - Agriculture:
Pass			$	33,241		$	24,125		$	22,831		$	25,576		$	37,835		$	65,112		$	3,131		$	1,235		$	213,086
Special Mention			0			0			0			401			0			1,142			0			0			1,543
Substandard			0			0			0			186			38			110			0			0			334
Total Commercial Real Estate - Agriculture			$	33,241		$	24,125		$	22,831		$	26,163		$	37,873		$	66,364		$	3,131		$	1,235		$	214,963
Commercial Real Estate - Construction
Pass			$	23,105		$	75,245		$	27,584		$	14,842		$	9,083		$	7,268		$	42,701		$	1,288		$	201,116
Special Mention			0			0			0			0			0			0			0			0			0
Substandard			0			0			0			0			0			0			0			0			0
Total Commercial Real Estate - Construction			$	23,105		$	75,245		$	27,584		$	14,842		$	9,083		$	7,268		$	42,701		$	1,288		$	201,116

The following table presents credit quality indicators by total loans on an amortized cost basis by origination year as of December 31, 2022, continued:

December 31, 2022
(In thousands)			2022			2021			2020			2019			2018			Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term			Total Loans
Residential - Home Equity
Performing			$	3,030		$	1,062		$	637		$	992		$	792		$	3,183		$	175,451		$	1,085		$	186,232
Nonperforming			0			0			0			14			0			25			2,352			0			2,391
Total Residential - Home Equity			$	3,030		$	1,062		$	637		$	1,006		$	792		$	3,208		$	177,803		$	1,085		$	188,623
Residential - Mortgages
Performing			$	187,129		$	272,235		$	239,584		$	117,391		$	66,605		$	452,221		$	0		$	0		$	1,335,165
Nonperforming			218			335			628			682			1,552			7,738			0			0			11,153
Total Residential - Mortgages			$	187,347		$	272,570		$	240,212		$	118,073		$	68,157		$	459,959		$	0		$	0		$	1,346,318
Consumer - Direct
Performing			$	31,243		$	13,999		$	7,372		$	6,138		$	4,386		$	8,029		$	4,070		$	0		$	75,237
Nonperforming			0			0			3			93			76			0			3			0			175
Total Consumer - Direct			$	31,243		$	13,999		$	7,375		$	6,231		$	4,462		$	8,029		$	4,073		$	0		$	75,412
Consumer - Indirect
Performing			$	0		$	156		$	146		$	1,092		$	635		$	101		$	0		$	0		$	2,130
Nonperforming			0			0			0			76			10			8			0			0			94
Total Consumer - Indirect			$	0		$	156		$	146		$	1,168		$	645		$	109		$	0		$	0		$	2,224

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B

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X

- Definition

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

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-5

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-29

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X

- References

No definition available.

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