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Loans and Leases
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Loans and Leases Loans and Leases
Loans and leases at September 30, 2024 and December 31, 2023 were as follows:
(In thousands)9/30/202412/31/2023
Commercial and industrial
Agriculture$90,146 $101,211 
Commercial and industrial other799,847 721,890 
PPP loans214 404 
Subtotal commercial and industrial890,207 823,505 
Commercial real estate
Construction371,022 303,406 
Agriculture209,342 221,670 
Commercial real estate other2,730,074 2,587,591 
Subtotal commercial real estate3,310,438 3,112,667 
Residential real estate
Home equity200,369 188,316 
Mortgages1,371,738 1,373,275 
Subtotal residential real estate1,572,107 1,561,591 
Consumer and other
Indirect337 841 
Consumer and other100,312 96,942 
Subtotal consumer and other100,649 97,783 
Leases13,094 15,383 
Total loans and leases5,886,495 5,610,929 
Less: unearned income and deferred costs and fees(5,234)(4,994)
Total loans and leases, net of unearned income and deferred costs and fees$5,881,261 $5,605,935 

The Company has adopted comprehensive lending policies, underwriting standards and loan review procedures. Management reviews these policies and procedures on a regular basis. The Company discussed its lending policies and underwriting guidelines for its various lending portfolios in Note 3 – "Loans and Leases" in the Notes to Consolidated Financial Statements contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. There have been no significant changes in these policies and guidelines since the date of that report. As such, these policies are reflective of new originations as well as those balances held at December 31, 2023. The Company’s Board of Directors approves the lending policies at least annually. The Company recognizes that exceptions to policy guidelines may occasionally occur and has established procedures for approving exceptions to these policy guidelines. Management has also implemented reporting systems to monitor loan origination, loan quality, concentrations of credit, loan delinquencies and nonperforming loans and potential problem loans.
 
Loans are considered past due if the required principal and interest payments have not been received as of the date such payments are due. Generally loans are placed on nonaccrual status if principal or interest payments become 90 days or more past due and/or management deems the collectability of the principal and/or interest to be in question as well as when required by regulatory agencies. When interest accrual is discontinued, all unpaid accrued interest is reversed. Payments received on loans on nonaccrual are generally applied to reduce the principal balance of the loan. Loans are generally returned to accrual status when all the principal and interest amounts due are brought current, the borrower has established a payment history, and future payments are reasonably assured. When management determines that the collection of principal in full is not probable, management will charge-off a partial amount or full amount of the loan balance. Management considers specific facts and circumstances relative to each individual credit in making such a determination. For residential and consumer loans, management uses specific regulatory guidance and thresholds for determining charge-offs.
 
The below tables are an age analysis of past due loans, segregated by class of loans, as of September 30, 2024 and December 31, 2023:
 
September 30, 2024
(In thousands)30-59 Days60-89 Days90 Days or MoreTotal Past DueCurrent LoansTotal Loans
Loans and Leases
Commercial and industrial
Agriculture$0 $0 $0 $0 $90,146 $90,146
Commercial and industrial other826 1,059 2,083 3,968 795,879 799,847 
PPP loans0 0 0 0 214 214 
Subtotal commercial and industrial826 1,059 2,083 3,968 886,239 890,207 
Commercial real estate
Construction0 0 0 0 371,022 371,022
Agriculture84 147 0 231 209,111 209,342
Commercial real estate other166 2,510 23,301 25,977 2,704,097 2,730,074
Subtotal commercial real estate250 2,657 23,301 26,208 3,284,230 3,310,438 
Residential real estate
Home equity465 0 1,832 2,297 198,072 200,369
Mortgages20 853 9,586 10,459 1,361,279 1,371,738
Subtotal residential real estate485 853 11,418 12,756 1,559,351 1,572,107 
Consumer and other
Indirect7 22 5 34 303 337
Consumer and other640 232 235 1,107 99,205 100,312
Subtotal consumer and other647 254 240 1,141 99,508 100,649 
Leases0 0 0 0 13,094 13,094 
Total loans and leases2,208 4,823 37,042 44,073 5,842,422 5,886,495 
Less: unearned income and deferred costs and fees0 0 0 0 (5,234)(5,234)
Total loans and leases, net of unearned income and deferred costs and fees$2,208 $4,823 $37,042 $44,073 $5,837,188 $5,881,261 
December 31, 2023
(In thousands)30-59 Days60-89 Days90 Days or MoreTotal Past DueCurrent LoansTotal Loans
Loans and Leases
Commercial and industrial
Agriculture$0 $0 $0 $0 $101,211 $101,211 
Commercial and industrial other389 887 2,124 3,400 718,490 721,890 
PPP loans0 0 0 0 404 404 
Subtotal commercial and industrial389 887 2,124 3,400 820,105 823,505 
Commercial real estate
Construction0 0 0 0 303,406 303,406 
Agriculture61 0 0 61 221,609 221,670 
Commercial real estate other290 0 25,056 25,346 2,562,245 2,587,591 
Subtotal commercial real estate351 0 25,056 25,407 3,087,260 3,112,667 
Residential real estate
Home equity466 211 1,968 2,645 185,671 188,316 
Mortgages1,353 111 6,916 8,380 1,364,895 1,373,275 
Subtotal residential real estate1,819 322 8,884 11,025 1,550,566 1,561,591 
Consumer and other
Indirect7 11 11 29 812 841 
Consumer and other302 122 270 694 96,248 96,942 
Subtotal consumer and other309 133 281 723 97,060 97,783 
Leases0 0 0 0 15,383 15,383 
Total loans and leases2,868 1,342 36,345 40,555 5,570,374 5,610,929 
Less: unearned income and deferred costs and fees0 0 0 0 (4,994)(4,994)
Total loans and leases, net of unearned income and deferred costs and fees$2,868 $1,342 $36,345 $40,555 $5,565,380 $5,605,935 
The following tables present the amortized cost basis of loans on nonaccrual status and the amortized cost basis of loans on nonaccrual status for which there was no related allowance for credit losses. The below tables are an age analysis of nonaccrual loans segregated by class of loans, as of September 30, 2024 and December 31, 2023:

September 30, 2024
(In thousands)Nonaccrual Loans and Leases with no ACLNonaccrual Loans and LeasesLoans and Leases Past Due Over 89 Days and Accruing
Loans and Leases
Commercial and industrial
Commercial and industrial other$0 $2,223 $0 
Subtotal commercial and industrial0 2,223 0 
Commercial real estate
Agriculture0 132 0 
Commercial real estate other40,373 43,861 0 
Subtotal commercial real estate40,373 43,993 0 
Residential real estate
Home equity0 2,992 0 
Mortgages0 13,021 5 
Subtotal residential real estate0 16,013 5 
Consumer and other
Indirect0 16 0 
Consumer and other0 136 188 
Subtotal consumer and other0 152 188 
Total loans and leases$40,373 $62,381 $193 

December 31, 2023
(In thousands)Nonaccrual Loans and Leases with no ACLNonaccrual Loans and LeasesLoans and Leases Past Due Over 89 Days and Accruing
Loans and Leases
Commercial and industrial
Commercial and industrial other$0 $2,253 $0 
Subtotal commercial and industrial0 2,273 0 
Commercial real estate
Agriculture0 170 0 
Commercial real estate other42,038 44,280 0 
Subtotal commercial real estate42,038 44,450 0 
Residential real estate
Home equity0 3,230 0 
Mortgages0 11,942 0 
Subtotal residential real estate0 15,172 0 
Consumer and other
Indirect0 40 0 
Consumer and other0 230 101 
Subtotal consumer and other0 270 101 
Total loans and leases$42,038 $62,165 $101 
The Company did not recognize any interest income on nonaccrual loans during the three and nine months ended September 30, 2024 and 2023.