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v3.20.4

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of Impact of ASC | The following tables illustrates the impact of ASC 326.
| January 1, 2020
| Pre-CECL Adoption |  | Reclassification to CECL Portfolio Segmentation |  | Pre-CECL Adoption Portfolio Segmentation |  | Post-CECL Adoption Portfolio Segmentation |  | Impact of CECL Adoption
Assets: |  |  |  |  |  |  |  |  |
Loans: |  |  |  |  |  |  |  |  |
Commercial, industrial and agricultural | $ | 1,046,665 |  |  | $ | (1,046,665) |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Farmland | 0 |  |  | 27,199 |  |  | 27,199 |  |  | 27,199 |  |  | 0 |
Owner-occupied, nonfarm nonresidential properties | 0 |  |  | 333,117 |  |  | 333,117 |  |  | 333,117 |  |  | 0 |
Agricultural production and other loans to farmers | 0 |  |  | 3,407 |  |  | 3,407 |  |  | 3,407 |  |  | 0 |
Commercial and Industrial | 0 |  |  | 474,614 |  |  | 474,614 |  |  | 474,614 |  |  | 0 |
Obligations (other than securities and leases) of states and political subdivisions | 0 |  |  | 139,052 |  |  | 139,052 |  |  | 139,052 |  |  | 0 |
Other loans | 0 |  |  | 5,740 |  |  | 5,740 |  |  | 5,740 |  |  | 0 |
Commercial mortgages | 814,002 |  |  | (814,002) |  |  | 0 |  |  | 0 |  |  | 0 |
Other construction loans and all land development and other land loans | 0 |  |  | 277,412 |  |  | 277,412 |  |  | 277,412 |  |  | 0 |
Multifamily (5 or more) residential properties | 0 |  |  | 124,390 |  |  | 124,390 |  |  | 124,390 |  |  | 0 |
Non-owner occupied, nonfarm nonresidential properties | 0 |  |  | 467,852 |  |  | 467,852 |  |  | 468,522 |  |  | 670 |
Residential real estate | 814,030 |  |  | (814,030) |  |  | 0 |  |  | 0 |  |  | 0 |
1-4 Family Construction | 0 |  |  | 22,427 |  |  | 22,427 |  |  | 22,427 |  |  | 0 |
Home equity lines of credit | 0 |  |  | 95,089 |  |  | 95,089 |  |  | 95,089 |  |  | 0 |
Residential Mortgages secured by first liens | 0 |  |  | 646,199 |  |  | 646,199 |  |  | 646,199 |  |  | 0 |
Residential Mortgages secured by junior liens | 0 |  |  | 57,965 |  |  | 57,965 |  |  | 57,965 |  |  | 0 |
Consumer, net of unearned discount | 119,623 |  |  | (119,623) |  |  | 0 |  |  | 0 |  |  | 0 |
Other revolving credit plans | 0 |  |  | 52,353 |  |  | 52,353 |  |  | 52,353 |  |  | 0 |
Automobile | 0 |  |  | 27,807 |  |  | 27,807 |  |  | 27,807 |  |  | 0 |
Other consumer | 0 |  |  | 39,697 |  |  | 39,697 |  |  | 39,697 |  |  | 0 |
Credit cards | 7,569 |  |  | 0 |  |  | 7,569 |  |  | 7,569 |  |  | 0 |
Overdrafts | 2,146 |  |  | 0 |  |  | 2,146 |  |  | 2,146 |  |  | 0 |
Total loans | $ | 2,804,035 |  |  | $ | 0 |  |  | $ | 2,804,035 |  |  | $ | 2,804,705 |  |  | $ | 670 |
| January 1, 2020
| Pre-CECL Adoption |  | Reclassification to CECL Portfolio Segmentation |  | Pre-CECL Adoption Portfolio Segmentation |  | Post-CECL Adoption Portfolio Segmentation |  | Impact of CECL Adoption
Assets: |  |  |  |  |  |  |  |  |
Allowance for credit losses on loans: |  |  |  |  |  |  |  |  |
Commercial, industrial and agricultural | $ | 8,287 |  |  | $ | (8,287) |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Farmland | 0 |  |  | 190 |  |  | 190 |  |  | 251 |  |  | 61 |
Owner-occupied, nonfarm nonresidential properties | 0 |  |  | 2,390 |  |  | 2,390 |  |  | 1,636 |  |  | (754) |
Agricultural production and other loans to farmers | 0 |  |  | 25 |  |  | 25 |  |  | 30 |  |  | 5 |
Commercial and Industrial | 0 |  |  | 4,105 |  |  | 4,105 |  |  | 3,474 |  |  | (631) |
Obligations (other than securities and leases) of states and political subdivisions | 0 |  |  | 1,022 |  |  | 1,022 |  |  | 791 |  |  | (231) |
Other loans | 0 |  |  | 41 |  |  | 41 |  |  | 49 |  |  | 8 |
Commercial mortgages | 6,952 |  |  | (6,952) |  |  | 0 |  |  | 0 |  |  | 0 |
Other construction loans and all land development and other land loans | 0 |  |  | 2,327 |  |  | 2,327 |  |  | 3,107 |  |  | 780 |
Multifamily (5 or more) residential properties | 0 |  |  | 1,087 |  |  | 1,087 |  |  | 1,399 |  |  | 312 |
Non-owner occupied, nonfarm nonresidential properties | 0 |  |  | 3,980 |  |  | 3,980 |  |  | 6,527 |  |  | 2,547 |
Residential real estate | 1,499 |  |  | (1,499) |  |  | 0 |  |  | 0 |  |  | 0 |
1-4 Family Construction | 0 |  |  | 56 |  |  | 56 |  |  | 21 |  |  | (35) |
Home equity lines of credit | 0 |  |  | 180 |  |  | 180 |  |  | 601 |  |  | 421 |
Residential Mortgages secured by first liens | 0 |  |  | 1,220 |  |  | 1,220 |  |  | 2,320 |  |  | 1,100 |
Residential Mortgages secured by junior liens | 0 |  |  | 114 |  |  | 114 |  |  | 249 |  |  | 135 |
Consumer | 2,411 |  |  | (2,411) |  |  | 0 |  |  | 0 |  |  | 0 |
Other revolving credit plans | 0 |  |  | 296 |  |  | 296 |  |  | 674 |  |  | 378 |
Automobile | 0 |  |  | 156 |  |  | 156 |  |  | 60 |  |  | (96) |
Other consumer | 0 |  |  | 1,960 |  |  | 1,960 |  |  | 2,981 |  |  | 1,021 |
Credit cards | 84 |  |  | 0 |  |  | 84 |  |  | 26 |  |  | (58) |
Overdrafts | 240 |  |  | 0 |  |  | 240 |  |  | 240 |  |  | 0 |
Total allowance for credit losses on loans | $ | 19,473 |  |  | $ | 0 |  |  | $ | 19,473 |  |  | $ | 24,436 |  |  | $ | 4,963 |
Retained earnings: |  |  |  |  |  |  |  |  |
Total increase in allowance for credit losses on loans |  |  |  |  |  |  |  |  | $ | 4,963 |
Balance sheet reclassification |  |  |  |  |  |  |  |  | (670) |
Total pre-tax impact |  |  |  |  |  |  |  |  | 4,293 |
Tax effect |  |  |  |  |  |  |  |  | (902) |
Decrease in retained earnings |  |  |  |  |  |  |  |  | $ | 3,391 |

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