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Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 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 nine months ended September 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 September 30, 2023
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance			$	6,685		$	28,968		$	11,111		$	1,680		$	101		$	48,545
Charge-offs			0			0			0			(271)			0			(271)
Recoveries			8			1			4			81			0			94
Provision (credit) for credit loss expense			(241)			366			791			70			(18)			968
Ending Balance			$	6,452		$	29,335		$	11,906		$	1,560		$	83		$	49,336

Three Months Ended September 30, 2022
(In thousands)			Commercial & Industrial			Commercial Real Estate			Residential Real Estate			Consumer and Other			Finance Leases			Total
Allowance for credit losses:
Beginning balance			$	7,814		$	23,227		$	11,082		$	1,591		$	79		$	43,793
Charge-offs			(343)			0			51			(132)			0			(424)
Recoveries			106			105			8			83			0			302
Provision (credit) for credit loss expense			(1,053)			3,207			(698)			(362)			7			1,101
Ending Balance			$	6,524		$	26,539		$	10,443		$	1,180		$	86		$	44,772

Nine Months Ended September 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)			(546)			0			(548)
Recoveries			67			1,238			182			192			0			1,679
Provision (credit) for credit loss expense			344			794			526			556			(13)			2,207
Ending Balance			$	6,452		$	29,335		$	11,906		$	1,560		$	83		$	49,336

Nine Months Ended September 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			(366)			(50)			0			(410)			0			(826)
Recoveries			132			910			315			251			0			1,608
Provision (credit) for credit loss expense			423			866			(11)			(153)			22			1,147
Ending Balance			$	6,524		$	26,539		$	10,443		$	1,180		$	86		$	44,772

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

Three Months Ended September 30,
(In thousands)			2023			2022
Liabilities for off-balance sheet credit exposures at beginning of period			$	2,985		$	2,796
(Credit) provision for credit loss expense related to off-balance sheet credit exposures			182			(45)
Liabilities for off-balance sheet credit exposures at end of period			$	3,167		$	2,751

Nine Months Ended September 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			371			245
Liabilities for off-balance sheet credit exposures at end of period			$	3,167		$	2,751

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
September 30, 2023
Commercial and Industrial			$	2,494		$	0		$	0		$	2,494		$	0
Commercial Real Estate			9,362			0			0			9,362			1,082
Total			$	11,856		$	0		$	0		$	11,856		$	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 September 30, 2023 and December 31, 2022:

September 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			$	83,753		$	97,245		$	70,435		$	29,914		$	36,570		$	149,820		$	212,932		$	5,036		$	685,705
Special Mention			0			46			104			395			96			1,521			638			0			2,800
Substandard			0			0			86			360			24			798			5,672			0			6,940
Total Commercial and Industrial - Other			$	83,753		$	97,291		$	70,625		$	30,669		$	36,690		$	152,139		$	219,242		$	5,036		$	695,445
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial and Industrial - PPP:
Pass			$	0		$	0		$	323		$	165		$	0		$	0		$	0		$	0		$	488
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		$	323		$	165		$	0		$	0		$	0		$	0		$	488
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial and Industrial - Agriculture:
Pass			$	15,612		$	12,772		$	3,037		$	3,569		$	3,415		$	8,501		$	29,767		$	657		$	77,330
Special Mention			0			0			268			0			0			0			49			0			317
Substandard			0			0			0			60			0			10			3			0			73
Total Commercial and Industrial - Agriculture			$	15,612		$	12,772		$	3,305		$	3,629		$	3,415		$	8,511		$	29,819		$	657		$	77,720
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial Real Estate
Pass			$	134,025		$	320,115		$	369,981		$	309,691		$	276,956		$	949,655		$	17,618		$	17,979		$	2,396,020
Special Mention			0			636			2,027			3,720			11,062			43,986			0			0			61,431
Substandard			0			15,300			107			0			2,529			30,343			1,434			0			49,713
Total Commercial Real Estate			$	134,025		$	336,051		$	372,115		313,411			290,547			1,023,984			$	19,052		$	17,979		$	2,507,164
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Commercial Real Estate - Agriculture:
Pass			$	9,083		$	38,097		$	23,213		$	21,453		$	24,133		$	95,410		$	2,413		$	2,676		$	216,478
Special Mention			0			0			0			0			384			1,061			0			0			1,445
Substandard			0			0			0			0			174			47			0			0			221
Total Commercial Real Estate - Agriculture			$	9,083		$	38,097		$	23,213		$	21,453		$	24,691		$	96,518		$	2,413		$	2,676		$	218,144
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		$	2,821		$	9,731		$	2,524		$	468		$	1,129		$	250,483		$	3,805		$	270,961
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		$	2,821		$	9,731		$	2,524		$	468		$	1,129		$	250,483		$	3,805		$	270,961
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Residential - Home Equity
Performing			$	1,729		$	2,164		$	939		$	557		$	864		$	8,640		$	163,758		$	5,624		$	184,275
Nonperforming			0			0			0			0			0			331			2,781			0			3,112
Total Residential - Home Equity			$	1,729		$	2,164		$	939		$	557		$	864		$	8,971		$	166,539		$	5,624		$	187,387
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	2		$	0		$	0		$	2
Residential - Mortgages
Performing			$	99,637		$	188,901		$	260,395		$	225,960		$	111,379		$	468,208		$	0		$	0		$	1,354,480
Nonperforming			0			514			330			1,180			896			10,892			0			0			13,812
Total Residential - Mortgages			$	99,637		$	189,415		$	260,725		$	227,140		$	112,275		$	479,100		$	0		$	0		$	1,368,292
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0		$	0
Consumer - Direct
Performing			$	47,087		$	14,091		$	12,163		$	5,884		$	4,382		$	10,589		$	2,676		$	0		$	96,872
Nonperforming			10			9			11			4			115			133			11			0			293
Total Consumer - Direct			$	47,097		$	14,100		$	12,174		$	5,888		$	4,497		$	10,722		$	2,687		$	0		$	97,165
Current-period gross writeoffs			$	406		$	8		$	0		$	17		$	38		$	14		$	0		$	0		$	483
Consumer - Indirect
Performing			$	0		$	0		$	112		$	82		$	522		$	307		$	0		$	0		$	1,023
Nonperforming			0			0			0			0			55			12			0			0			67
Total Consumer - Indirect			$	0		$	0		$	112		$	82		$	577		$	319		$	0		$	0		$	1,090
Current-period gross writeoffs			$	0		$	0		$	0		$	0		$	49		$	14		$	0		$	0		$	63

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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- References

No definition available.

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