LOANS AND THE ALLOWANCE FOR LOAN LOSSES

Schedule of activity in allowance for loan losses

The following tables detail activity in the allowance for loan losses for the years ended December 31:


					Commercial		Commercial								Municipal,
	Commercial		Agricultural		Real Estate		Real Estate				Construction		One-to-four		Consumer,
	and		and		Owner		Non-owner				and Land		Family		and
	Industrial		Farmland		Occupied		Occupied		Multi-Family		Development		Residential		Other		Total

	(dollars in thousands)
Balance, December 31, 2019	$	4,441	$	2,766	$	1,779	$	3,663	$	1,024	$	2,977	$	2,540	$	3,109	$	22,299
Provision for loan losses		677		(1,946)		961		7,862		933		1,032		(894)		1,907		10,532
Charge-offs		(1,784)		(27)		(39)		(349)		—		(27)		(155)		(587)		(2,968)
Recoveries		595		—		440		75		—		250		310		305		1,975
Balance, December 31, 2020		3,929		793		3,141		11,251		1,957		4,232		1,801		4,734		31,838
Provision for loan losses		(1,474)		52		(1,280)		(3,130)		(694)		340		(472)		(1,419)		(8,077)
Charge-offs		(668)		—		(30)		—		—		—		(267)		(449)		(1,414)
Recoveries		653		—		9		24		—		342		249		312		1,589
Balance, December 31, 2021		2,440		845		1,840		8,145		1,263		4,914		1,311		3,178		23,936
Provision for loan losses		88		(49)		(1,653)		(1,707)		209		(692)		146		2,952		(706)
Charge-offs		(23)		—		(25)		—		—		—		(67)		(569)		(684)
Recoveries		774		—		1,031		283		—		1		369		329		2,787
Balance, December 31, 2022	$	3,279	$	796	$	1,193	$	6,721	$	1,472	$	4,223	$	1,759	$	5,890	$	25,333

The following tables present the recorded investments in loans and the allowance for loan losses by category as of December 31:


					Commercial		Commercial								Municipal,
	Commercial		Agricultural		Real Estate		Real Estate				Construction		One-to-four		Consumer,
	and		and		Owner		Non-owner				and Land		Family		and
December 31, 2022	Industrial		Farmland		Occupied		Occupied		Multi-Family		Development		Residential		Other		Total

Loan balances:	(dollars in thousands)
Collectively evaluated for impairment	$	261,833	$	233,118	$	203,558	$	671,663	$	287,298	$	359,892	$	325,621	$	184,579	$	2,527,562
Individually evaluated for impairment		4,818		4,033		11,366		30,509		—		82		8,399		12,508		71,715
Acquired with deteriorated credit quality		106		595		3,579		11,030		567		850		4,233		16		20,976
Total	$	266,757	$	237,746	$	218,503	$	713,202	$	287,865	$	360,824	$	338,253	$	197,103	$	2,620,253

Allowance for loan losses:
Collectively evaluated for impairment	$	3,121	$	796	$	1,008	$	4,332	$	1,470	$	4,221	$	1,709	$	2,327	$	18,984
Individually evaluated for impairment		158		—		168		2,388		—		—		44		3,562		6,320
Acquired with deteriorated credit quality		—		—		17		1		2		2		6		1		29
Total	$	3,279	$	796	$	1,193	$	6,721	$	1,472	$	4,223	$	1,759	$	5,890	$	25,333

					Commercial		Commercial								Municipal,
	Commercial		Agricultural		Real Estate		Real Estate				Construction		One-to-four		Consumer,
	and		and		Owner		Non-owner				and Land		Family		and
December 31, 2021	Industrial		Farmland		Occupied		Occupied		Multi-Family		Development		Residential		Other		Total

Loan balances:	(dollars in thousands)
Collectively evaluated for impairment	$	272,064	$	247,021	$	216,794	$	641,555	$	262,701	$	293,548	$	314,807	$	143,510	$	2,392,000
Individually evaluated for impairment		14,744		12		12,332		29,575		—		2,018		6,897		13,041		78,619
Acquired with deteriorated credit quality		138		763		5,418		12,893		1,210		2,482		6,133		33		29,070
Total	$	286,946	$	247,796	$	234,544	$	684,023	$	263,911	$	298,048	$	327,837	$	156,584	$	2,499,689

Allowance for loan losses:
Collectively evaluated for impairment	$	2,253	$	845	$	1,480	$	5,138	$	1,259	$	4,895	$	1,099	$	1,302	$	18,271
Individually evaluated for impairment		187		—		327		2,999		—		—		210		1,875		5,598
Acquired with deteriorated credit quality		—		—		33		8		4		19		2		1		67
Total	$	2,440	$	845	$	1,840	$	8,145	$	1,263	$	4,914	$	1,311	$	3,178	$	23,936

Schedule of recorded investment on past due basis


	Accruing Interest
			30 - 89 Days		90+ Days				Total
December 31, 2022	Current		Past Due		Past Due		Nonaccrual		Loans

	(dollars in thousands)
Commercial and industrial	$	266,521	$	17	$	—	$	219	$	266,757
Agricultural and farmland		237,727		19		—		—		237,746
Commercial real estate - owner occupied		218,242		187		—		74		218,503
Commercial real estate - non-owner occupied		713,031		—		—		171		713,202
Multi-family		287,854		11		—		—		287,865
Construction and land development		360,763		61		—		—		360,824
One-to-four family residential		335,576		894		145		1,638		338,253
Municipal, consumer, and other		196,892		157		1		53		197,103
Total	$	2,616,606	$	1,346	$	146	$	2,155	$	2,620,253


	Accruing Interest
			30 - 89 Days		90+ Days				Total
December 31, 2021	Current		Past Due		Past Due		Nonaccrual		Loans

	(dollars in thousands)
Commercial and industrial	$	286,563	$	9	$	—	$	374	$	286,946
Agricultural and farmland		247,772		24		—		—		247,796
Commercial real estate - owner occupied		234,441		103		—		—		234,544
Commercial real estate - non-owner occupied		683,029		823		—		171		684,023
Multi-family		263,911		—		—		—		263,911
Construction and land development		297,465		64		—		519		298,048
One-to-four family residential		325,780		383		32		1,642		327,837
Municipal, consumer, and other		156,297		214		16		57		156,584
Total	$	2,495,258	$	1,620	$	48	$	2,763	$	2,499,689

Schedule of financial effect of troubled debt restructurings

There were no troubled debt restructurings during the years ended December 31, 2022 and 2021. The following table presents the financial effect of troubled debt restructurings for the year ended December 31, 2020:


						Charge-offs
		Recorded Investment				and Specific
Year Ended December 31, 2020	Number	Pre-Modification		Post-Modification		Reserves

	(dollars in thousands)
Commercial real estate - owner occupied	1	$	853	$	853	$	—