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Loans and Leases
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Loans and Leases Loans and Leases
Loans and Leases at March 31, 2026 and December 31, 2025 were as follows:
(In thousands)03/31/202612/31/2025
Commercial and industrial
Agriculture$104,534 $114,475 
Commercial and industrial other1,013,267 986,173 
Subtotal commercial and industrial1,117,801 1,100,648 
Commercial real estate
Construction471,378 448,901 
Agriculture238,165 234,292 
Commercial real estate other2,972,270 2,978,842 
Subtotal commercial real estate3,681,813 3,662,035 
Residential real estate
Home equity229,927 227,654 
Mortgages1,359,102 1,363,532 
Subtotal residential real estate1,589,029 1,591,186 
Consumer and other
Indirect58 68 
Consumer and other83,609 86,399 
Subtotal consumer and other83,667 86,467 
Leases9,653 10,413 
Total loans and leases6,481,963 6,450,749 
Less: unearned income and deferred costs and fees(4,020)(4,504)
Total loans and leases, net of unearned income and deferred costs and fees$6,477,943 $6,446,245 
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 4 – "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, 2025. There have been no significant changes in these policies and guidelines since the date of that report. 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 contractually 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 contractually 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 March 31, 2026 and December 31, 2025:
March 31, 2026
(In thousands)30-59 Days60-89 Days90 Days or MoreTotal Past DueCurrent LoansTotal Loans
Loans and Leases
Commercial and industrial
Agriculture$564 $0 $0 $564 $103,970 $104,534
Commercial and industrial other547 334 5,023 5,904 1,007,363 1,013,267 
Subtotal commercial and industrial1,111 334 5,023 6,468 1,111,333 1,117,801 
Commercial real estate
Construction200 0 17,302 17,502 453,876 471,378
Agriculture65 0 0 65 238,100 238,165
Commercial real estate other1,132 0 3,609 4,741 2,967,529 2,972,270
Subtotal commercial real estate1,397 0 20,911 22,308 3,659,505 3,681,813 
Residential real estate
Home equity598 0 2,683 3,281 226,646 229,927
Mortgages1,059 965 7,804 9,828 1,349,274 1,359,102
Subtotal residential real estate1,657 965 10,487 13,109 1,575,920 1,589,029 
Consumer and other
Indirect0 0 0 0 58 58
Consumer and other205 205 150 560 83,049 83,609
Subtotal consumer and other205 205 150 560 83,107 83,667 
Leases0 0 0 0 9,653 9,653 
Total loans and leases$4,370 $1,504 $36,571 $42,445 $6,439,518 $6,481,963 
Less: unearned income and deferred costs and fees0 0 0 0 (4,020)(4,020)
Total loans and leases, net of unearned income and deferred costs and fees$4,370 $1,504 $36,571 $42,445 $6,435,498 $6,477,943 
December 31, 2025
(In thousands)30-59 Days60-89 Days90 Days or MoreTotal Past DueCurrent LoansTotal Loans
Loans and Leases
Commercial and industrial
Agriculture$4 $0 $0 $4 $114,471 $114,475 
Commercial and industrial other1,818 1,543 5,136 8,497 977,676 986,173 
Subtotal commercial and industrial1,822 1,543 5,136 8,501 1,092,147 1,100,648 
Commercial real estate
Construction0 0 17,302 17,302 431,599 448,901 
Agriculture69 0 0 69 234,223 234,292 
Commercial real estate other474 775 4,507 5,756 2,973,086 2,978,842 
Subtotal commercial real estate543 775 21,809 23,127 3,638,908 3,662,035 
Residential real estate
Home equity1,286 107 2,040 3,433 224,221 227,654 
Mortgages0 2,331 8,225 10,556 1,352,976 1,363,532 
Subtotal residential real estate1,286 2,438 10,265 13,989 1,577,197 1,591,186 
Consumer and other
Indirect0 0 0 0 68 68 
Consumer and other295 104 191 590 85,809 86,399 
Subtotal consumer and other295 104 191 590 85,877 86,467 
Leases0 0 0 0 10,413 10,413 
Total loans and leases$3,946 $4,860 $37,401 $46,207 $6,404,542 $6,450,749 
Less: unearned income and deferred costs and fees0 0 0 0 (4,504)(4,504)
Total loans and leases, net of unearned income and deferred costs and fees$3,946 $4,860 $37,401 $46,207 $6,400,038 $6,446,245 
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 March 31, 2026 and December 31, 2025:
(In thousands)Nonaccrual Loans and Leases with no ACLNonaccrual Loans and LeasesLoans and Leases Past Due Over 89 Days and AccruingNonaccrual Loans and Leases with no ACLNonaccrual Loans and LeasesLoans and Leases Past Due Over 89 Days and Accruing
March 31, 2026December 31, 2025
Commercial and industrial
Commercial and industrial other$6,544 $11,355 $0 $4,565 $8,305 $0 
Subtotal commercial and industrial6,544 11,355 0 4,565 8,305 0 
Commercial real estate
Construction0 17,302 0 0 17,303 0 
Agriculture0 66 0 0 92 0 
Commercial real estate other927 5,113 0 1,463 5,469 0 
Subtotal commercial real estate927 22,481 0 1,463 22,864 0 
Residential real estate
Home equity232 3,256 0 232 2,624 0 
Mortgages1,203 14,122 1 1,570 13,931 1 
Subtotal residential real estate1,435 17,378 1 1,802 16,555 1 
Consumer and other
Consumer and other0 57 123 0 70 145 
Subtotal consumer and other0 57 123 0 70 145 
Total loans and leases$8,906 $51,271 $124 $7,830 $47,794 $146 
The Company recognized $0 of interest income on nonaccrual loans during the three months ended March 31, 2026.