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Loans Receivable and Allowance for Credit Losses | 12 Months Ended
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Dec. 31, 2024
Receivables [Abstract] |
Loans Receivable and Allowance for Credit Losses | Loans Receivable and Allowance for Credit Losses Total net loans receivable at December 31, 2024 and 2023 are summarized as follows:
| 2024 |  | Percentage of Total |  | 2023 (1) |  | Percentage of Total
Farmland | $ | 31,099 |  |  | 0.67 | % |  | $ | 33,485 |  |  | 0.76 | %
Owner-occupied, nonfarm nonresidential properties | 515,208 |  |  | 11.18 |  |  | 511,910 |  |  | 11.46 |
Agricultural production and other loans to farmers | 6,492 |  |  | 0.14 |  |  | 1,652 |  |  | 0.04 |
Commercial and Industrial | 718,775 |  |  | 15.60 |  |  | 726,442 |  |  | 16.26 |
Obligations (other than securities and leases) of states and political subdivisions | 140,430 |  |  | 3.05 |  |  | 152,201 |  |  | 3.41 |
Other loans | 28,110 |  |  | 0.61 |  |  | 25,507 |  |  | 0.57 |
Other construction loans and all land development and other land loans | 282,912 |  |  | 6.14 |  |  | 340,358 |  |  | 7.62 |
Multifamily (5 or more) residential properties | 411,146 |  |  | 8.92 |  |  | 305,697 |  |  | 6.84 |
Non-owner occupied, nonfarm nonresidential properties | 1,033,541 |  |  | 22.42 |  |  | 984,033 |  |  | 22.02 |
1-4 Family Construction | 26,431 |  |  | 0.57 |  |  | 28,055 |  |  | 0.63 |
Home equity lines of credit | 166,327 |  |  | 3.61 |  |  | 130,700 |  |  | 2.92 |
Residential Mortgages secured by first liens | 1,012,746 |  |  | 21.97 |  |  | 1,005,335 |  |  | 22.50 |
Residential Mortgages secured by junior liens | 106,462 |  |  | 2.31 |  |  | 91,240 |  |  | 2.04 |
Other revolving credit plans | 41,095 |  |  | 0.89 |  |  | 42,877 |  |  | 0.96 |
Automobile | 20,961 |  |  | 0.45 |  |  | 25,315 |  |  | 0.57 |
Other consumer | 53,821 |  |  | 1.17 |  |  | 51,592 |  |  | 1.14 |
Credit cards | 13,143 |  |  | 0.29 |  |  | 11,785 |  |  | 0.26 |
Overdrafts | 257 |  |  | 0.01 |  |  | 292 |  |  | 0.01 |
Total loans | $ | 4,608,956 |  |  | 100.00 | % |  | $ | 4,468,476 |  |  | 100.00 | %
Less: Allowance for credit losses | (47,357) |  |  |  |  | (45,832) |  |  |
Loans, net | $ | 4,561,599 |  |  |  |  | $ | 4,422,644 |  |  |
Net deferred loan origination fees (costs) included in the above loan table | $ | 49 |  |  |  |  | $ | 2,448 |  |  |
(1) As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the total loans disclosure at December 31, 2023, to reflect adjustments for the applicable portfolio segments, which revisions are reflected in the above table. The Corporation’s outstanding loans receivable and related unfunded commitments are primarily concentrated within Central and Northwest Pennsylvania, Central and Northeast Ohio, Western New York and Southwest Virginia. The Bank attempts to limit concentrations within specific industries by utilizing dollar limitations to single industries or customers, and by entering into participation agreements with third parties. Collateral requirements are established based on management’s assessment of the customer. The Corporation maintains lending policies to control the quality of the loan portfolio. These policies delegate the authority to extend loans under specific guidelines and underwriting standards. These policies are prepared by the Corporation’s management and reviewed and approved annually by the Corporation’s Board of Directors. Syndicated loans, net of deferred fees and costs, are included in the commercial and industrial classification and totaled $79.9 million and $108.7 million as of December 31, 2024 and 2023, respectively. Transactions in the allowance for credit losses for the year ended December 31, 2024 were as follows:
| Beginning Allowance (1) |  | (Charge-offs) |  | Recoveries |  | Provision (Benefit) for Credit Losses on Loans Receivable(1)(2) |  | Ending Allowance
Farmland | $ | 138 |  |  | $ | — |  |  | $ | — |  |  | $ | 29 |  |  | $ | 167 |
Owner-occupied, nonfarm nonresidential properties | 4,131 |  |  | (1,448) |  |  | 55 |  |  | 2,958 |  |  | 5,696 |
Agricultural production and other loans to farmers | 7 |  |  | — |  |  | — |  |  | 30 |  |  | 37 |
Commercial and Industrial | 9,500 |  |  | (2,425) |  |  | 56 |  |  | 628 |  |  | 7,759 |
Obligations (other than securities and leases) of states and political subdivisions | 2,627 |  |  | — |  |  | — |  |  | (1,258) |  |  | 1,369 |
Other loans | 389 |  |  | — |  |  | — |  |  | (60) |  |  | 329 |
Other construction loans and all land development and other land loans | 2,830 |  |  | (11) |  |  | — |  |  | (248) |  |  | 2,571 |
Multifamily (5 or more) residential properties | 1,251 |  |  | — |  |  | — |  |  | 1,718 |  |  | 2,969 |
Non-owner occupied, nonfarm nonresidential properties | 9,783 |  |  | (974) |  |  | 53 |  |  | 1,248 |  |  | 10,110 |
1-4 Family Construction | 191 |  |  | — |  |  | — |  |  | 7 |  |  | 198 |
Home equity lines of credit | 844 |  |  | — |  |  | 5 |  |  | 491 |  |  | 1,340 |
Residential Mortgages secured by first liens | 8,274 |  |  | (79) |  |  | — |  |  | 763 |  |  | 8,958 |
Residential Mortgages secured by junior liens | 1,487 |  |  | — |  |  | — |  |  | (144) |  |  | 1,343 |
Other revolving credit plans | 977 |  |  | (156) |  |  | 30 |  |  | 109 |  |  | 960 |
Automobile | 360 |  |  | (146) |  |  | 6 |  |  | 55 |  |  | 275 |
Other consumer | 2,656 |  |  | (2,094) |  |  | 192 |  |  | 2,138 |  |  | 2,892 |
Credit cards | 95 |  |  | (143) |  |  | 17 |  |  | 158 |  |  | 127 |
Overdrafts | 292 |  |  | (544) |  |  | 94 |  |  | 415 |  |  | 257 |
Total loans | $ | 45,832 |  |  | $ | (8,020) |  |  | $ | 508 |  |  | $ | 9,037 |  |  | $ | 47,357 |
(1) As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the beginning allowance column disclosure as of December 31, 2023, to reflect the revisions for the applicable portfolio segments. (2) Excludes provision for credit losses related to unfunded commitments. Note 18, "Off-Balance Sheet Commitments and Contingencies," in the consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation. Transactions in the allowance for credit losses for the year ended December 31, 2023 were as follows:
| Beginning Allowance |  | (Charge-offs) |  | Recoveries |  | Provision (Benefit) for Credit Losses on Loans Receivable (1)(2) |  | Ending Allowance (2)
Farmland | $ | 159 |  |  | $ | — |  |  | $ | — |  |  | $ | (21) |  |  | $ | 138 |
Owner-occupied, nonfarm nonresidential properties | 2,905 |  |  | (26) |  |  | 29 |  |  | 1,223 |  |  | 4,131 |
Agricultural production and other loans to farmers | 6 |  |  | — |  |  | — |  |  | 1 |  |  | 7 |
Commercial and Industrial | 9,766 |  |  | (392) |  |  | 438 |  |  | (312) |  |  | 9,500 |
Obligations (other than securities and leases) of states and political subdivisions | 1,863 |  |  | — |  |  | — |  |  | 764 |  |  | 2,627 |
Other loans | 456 |  |  | — |  |  | — |  |  | (67) |  |  | 389 |
Other construction loans and all land development and other land loans | 3,253 |  |  | — |  |  | — |  |  | (423) |  |  | 2,830 |
Multifamily (5 or more) residential properties | 2,353 |  |  | (65) |  |  | 6 |  |  | (1,043) |  |  | 1,251 |
Non-owner occupied, nonfarm nonresidential properties | 7,653 |  |  | (694) |  |  | 10 |  |  | 2,814 |  |  | 9,783 |
1-4 Family Construction | 327 |  |  | — |  |  | — |  |  | (136) |  |  | 191 |
Home equity lines of credit | 1,173 |  |  | (10) |  |  | 5 |  |  | (324) |  |  | 844 |
Residential Mortgages secured by first liens | 8,484 |  |  | (117) |  |  | 3 |  |  | (96) |  |  | 8,274 |
Residential Mortgages secured by junior liens | 1,035 |  |  | — |  |  | — |  |  | 452 |  |  | 1,487 |
Other revolving credit plans | 722 |  |  | (119) |  |  | 30 |  |  | 344 |  |  | 977 |
Automobile | 271 |  |  | (56) |  |  | 1 |  |  | 144 |  |  | 360 |
Other consumer | 2,665 |  |  | (1,982) |  |  | 134 |  |  | 1,839 |  |  | 2,656 |
Credit cards | 67 |  |  | (189) |  |  | 18 |  |  | 199 |  |  | 95 |
Overdrafts | 278 |  |  | (604) |  |  | 139 |  |  | 479 |  |  | 292 |
Total loans | $ | 43,436 |  |  | $ | (4,254) |  |  | $ | 813 |  |  | $ | 5,837 |  |  | $ | 45,832 |
(1) Excludes provision for credit losses related to unfunded commitments. Note 18, "Off-Balance Sheet Commitments and Contingencies," in the consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation. (2) As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the provision (benefit) for credit losses on loans receivable column and ending allowance column disclosures as of December 31, 2023, to reflect the revisions for the applicable portfolio segments. Transactions in the allowance for credit losses for the year ended December 31, 2022 were as follows:
| Beginning Allowance |  | (Charge-offs) |  | Recoveries |  | Provision (Benefit) for Credit Losses on Loans Receivable(1) |  | Ending Allowance
Farmland | $ | 151 |  |  | $ | — |  |  | $ | — |  |  | $ | 8 |  |  | $ | 159 |
Owner-occupied, nonfarm nonresidential properties | 3,339 |  |  | (21) |  |  | 15 |  |  | (428) |  |  | 2,905 |
Agricultural production and other loans to farmers | 9 |  |  | — |  |  | — |  |  | (3) |  |  | 6 |
Commercial and Industrial | 8,837 |  |  | (175) |  |  | 139 |  |  | 965 |  |  | 9,766 |
Obligations (other than securities and leases) of states and political subdivisions | 1,649 |  |  | — |  |  | — |  |  | 214 |  |  | 1,863 |
Other loans | 149 |  |  | — |  |  | — |  |  | 307 |  |  | 456 |
Other construction loans and all land development and other land loans | 2,198 |  |  | — |  |  | — |  |  | 1,055 |  |  | 3,253 |
Multifamily (5 or more) residential properties | 2,289 |  |  | — |  |  | — |  |  | 64 |  |  | 2,353 |
Non-owner occupied, nonfarm nonresidential properties | 6,481 |  |  | (335) |  |  | 336 |  |  | 1,171 |  |  | 7,653 |
1-4 Family Construction | 158 |  |  | — |  |  | — |  |  | 169 |  |  | 327 |
Home equity lines of credit | 1,169 |  |  | — |  |  | 12 |  |  | (8) |  |  | 1,173 |
Residential Mortgages secured by first liens | 6,943 |  |  | (51) |  |  | 28 |  |  | 1,564 |  |  | 8,484 |
Residential Mortgages secured by junior liens | 546 |  |  | — |  |  | — |  |  | 489 |  |  | 1,035 |
Other revolving credit plans | 528 |  |  | (92) |  |  | 50 |  |  | 236 |  |  | 722 |
Automobile | 263 |  |  | (28) |  |  | 2 |  |  | 34 |  |  | 271 |
Other consumer | 2,546 |  |  | (1,623) |  |  | 89 |  |  | 1,653 |  |  | 2,665 |
Credit cards | 92 |  |  | (99) |  |  | 38 |  |  | 36 |  |  | 67 |
Overdrafts | 241 |  |  | (561) |  |  | 138 |  |  | 460 |  |  | 278 |
Total loans | $ | 37,588 |  |  | $ | (2,985) |  |  | $ | 847 |  |  | $ | 7,986 |  |  | $ | 43,436 |
(1) Excludes provision for credit losses related to unfunded commitments. Note 18, "Off-Balance Sheet Commitments and Contingencies," in the consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation. The Corporation's allowance for credit losses is influenced by loan volumes, risk rating migration, delinquency status and other conditions influencing loss expectations, such as reasonable and supportable forecasts of economic conditions. For the year ended December 31, 2024, the allowance for credit losses increased primarily due to the growth in the Corporation's loan portfolio in new market areas, partially offset by improvements in the Corporation's historical loss rates, annual updates to the Corporation's loss drivers and assumptions, as well as the impact of net charge-offs. Significant uncertainty persists regarding the domestic and global economy due to persistent inflation in certain segments of the U.S. economy, elevated interest rates, fluctuating levels of consumer confidence, and geopolitical conflicts. Management will continue to proactively evaluate its estimate of expected credit losses as new information becomes available. Provision for credit losses was $9.2 million for the year ended December 31, 2024, compared to $6.0 million and $8.6 million for the years ended December 31, 2023 and 2022, respectively. Included in the provision for credit losses for the year ended December 31, 2024 was $185 thousand related to the allowance for unfunded commitments compared to $156 thousand and $603 thousand provision towards the allowance for unfunded commitments for the years ended December 31, 2023 and 2022, respectively. The following tables present the amortized cost basis of loans on nonaccrual status and loans past due over 89 days still accruing as of December 31, 2024 and 2023, respectively:
| December 31, 2024
| Nonaccrual |  | Nonaccrual With No Allowance for Credit Loss |  | Loans Past Due over 89 Days Still Accruing
Farmland | $ | 522 |  |  | $ | 522 |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties | 5,896 |  |  | 1,392 |  |  | — |
Commercial and Industrial | 10,682 |  |  | 10,111 |  |  | — |
Other construction loans and all land development and other land loans | 1,482 |  |  | 36 |  |  | — |
Multifamily (5 or more) residential properties | 20,658 |  |  | 266 |  |  | 491 |
Non-owner occupied, nonfarm nonresidential properties | 5,913 |  |  | 5,913 |  |  | — |
Home equity lines of credit | 837 |  |  | 837 |  |  | — |
Residential Mortgages secured by first liens | 9,093 |  |  | 8,311 |  |  | — |
Residential Mortgages secured by junior liens | 271 |  |  | 271 |  |  | — |
Other revolving credit plans | 154 |  |  | 154 |  |  | — |
Automobile | 66 |  |  | 66 |  |  | — |
Other consumer | 749 |  |  | 749 |  |  | — |
Credit cards | — |  |  | — |  |  | 162 |
Total loans | $ | 56,323 |  |  | $ | 28,628 |  |  | $ | 653 |
| December 31, 2023
| Nonaccrual |  | Nonaccrual With No Allowance for Credit Loss |  | Loans Past Due over 89 Days Still Accruing
Farmland | $ | 1,083 |  |  | $ | 1,083 |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties | 2,673 |  |  | 1,488 |  |  | — |
Commercial and Industrial | 7,512 |  |  | 4,389 |  |  | — |
Other construction loans and all land development and other land loans | 1,653 |  |  | 104 |  |  | — |
Multifamily (5 or more) residential properties | 305 |  |  | 305 |  |  | — |
Non-owner occupied, nonfarm nonresidential properties | 9,076 |  |  | 6,716 |  |  | — |
Home equity lines of credit | 940 |  |  | 940 |  |  | — |
Residential Mortgages secured by first liens | 5,316 |  |  | 4,902 |  |  | 23 |
Residential Mortgages secured by junior liens | 123 |  |  | 123 |  |  | — |
Other revolving credit plans | 81 |  |  | 81 |  |  | — |
Automobile | 79 |  |  | 79 |  |  | — |
Other consumer | 798 |  |  | 798 |  |  | — |
Credit cards | — |  |  | — |  |  | 32 |
Total loans | $ | 29,639 |  |  | $ | 21,008 |  |  | $ | 55 |
All payments received while on nonaccrual status are applied against the principal balance of the loan. The Corporation does not recognize interest income while loans are on nonaccrual status. The following tables present the amortized cost basis of loans receivable that are individually evaluated and collateral-dependent by class of loans as of December 31, 2024 and 2023, respectively:
| December 31, 2024
| Real Estate Collateral |  | Non-Real Estate Collateral
Farmland | $ | 352 |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties | 4,503 |  |  | — |
Commercial and Industrial | 258 |  |  | 2,553 |
Other construction loans and all land development and other land loans | 1,446 |  |  | — |
Multifamily (5 or more) residential properties | 20,658 |  |  | — |
Non-owner occupied, nonfarm nonresidential properties | 5,224 |  |  | — |
Home equity lines of credit | 290 |  |  | — |
Residential Mortgages secured by first liens | 1,411 |  |  | — |
Total loans | $ | 34,142 |  |  | $ | 2,553 |
| December 31, 2023
| Real Estate Collateral |  | Non-Real Estate Collateral
Farmland | $ | 736 |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties | 6,890 |  |  | 4 |
Commercial and Industrial | 5,489 |  |  | 4,291 |
Other construction loans and all land development and other land loans | 1,549 |  |  | — |
Multifamily (5 or more) residential properties | 305 |  |  | — |
Non-owner occupied, nonfarm nonresidential properties | 8,291 |  |  | — |
Home equity lines of credit | 308 |  |  | — |
Residential Mortgages secured by first liens | 1,070 |  |  | — |
Total loans | $ | 24,638 |  |  | $ | 4,295 |
The following table presents the aging of the amortized cost basis in past-due loans as of December 31, 2024 by class of loans:
| 30 - 59 Days Past Due |  | 60 - 89 Days Past Due |  | Greater Than 89 Days Past Due |  | Total Past Due |  | Loans Not Past Due |  | Total
Farmland | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 31,099 |  |  | $ | 31,099 |
Owner-occupied, nonfarm nonresidential properties | 77 |  |  | 1,479 |  |  | 5,030 |  |  | 6,586 |  |  | 508,622 |  |  | 515,208 |
Agricultural production and other loans to farmers | — |  |  | — |  |  | — |  |  | — |  |  | 6,492 |  |  | 6,492 |
Commercial and Industrial | 704 |  |  | 185 |  |  | 6,632 |  |  | 7,521 |  |  | 711,254 |  |  | 718,775 |
Obligations (other than securities and leases) of states and political subdivisions | — |  |  | — |  |  | — |  |  | — |  |  | 140,430 |  |  | 140,430 |
Other loans | — |  |  | — |  |  | — |  |  | — |  |  | 28,110 |  |  | 28,110 |
Other construction loans and all land development and other land loans | — |  |  | — |  |  | 1,482 |  |  | 1,482 |  |  | 281,430 |  |  | 282,912 |
Multifamily (5 or more) residential properties | — |  |  | 20,392 |  |  | 757 |  |  | 21,149 |  |  | 389,997 |  |  | 411,146 |
Non-owner occupied, nonfarm nonresidential properties | — |  |  | — |  |  | — |  |  | — |  |  | 1,033,541 |  |  | 1,033,541 |
1-4 Family Construction | 216 |  |  | — |  |  | — |  |  | 216 |  |  | 26,215 |  |  | 26,431 |
Home equity lines of credit | 1,006 |  |  | 387 |  |  | 323 |  |  | 1,716 |  |  | 164,611 |  |  | 166,327 |
Residential Mortgages secured by first liens | 2,908 |  |  | 1,910 |  |  | 5,795 |  |  | 10,613 |  |  | 1,002,133 |  |  | 1,012,746 |
Residential Mortgages secured by junior liens | 224 |  |  | 35 |  |  | 64 |  |  | 323 |  |  | 106,139 |  |  | 106,462 |
Other revolving credit plans | 351 |  |  | 4 |  |  | 100 |  |  | 455 |  |  | 40,640 |  |  | 41,095 |
Automobile | 135 |  |  | 3 |  |  | — |  |  | 138 |  |  | 20,823 |  |  | 20,961 |
Other consumer | 601 |  |  | 271 |  |  | 358 |  |  | 1,230 |  |  | 52,591 |  |  | 53,821 |
Credit cards | 97 |  |  | 115 |  |  | 162 |  |  | 374 |  |  | 12,769 |  |  | 13,143 |
Overdrafts | — |  |  | — |  |  | — |  |  | — |  |  | 257 |  |  | 257 |
Total loans | $ | 6,319 |  |  | $ | 24,781 |  |  | $ | 20,703 |  |  | $ | 51,803 |  |  | $ | 4,557,153 |  |  | $ | 4,608,956 |
The following table presents the aging of the amortized cost basis in past-due loans as of December 31, 2023 by class of loans.
| 30 - 59 Days Past Due |  | 60 - 89 Days Past Due |  | Greater Than 89 Days Past Due |  | Total Past Due |  | Loans Not Past Due (1) |  | Total (1)
Farmland | $ | — |  |  | $ | 182 |  |  | $ | 129 |  |  | $ | 311 |  |  | $ | 33,174 |  |  | $ | 33,485 |
Owner-occupied, nonfarm nonresidential properties | 120 |  |  | — |  |  | 1,390 |  |  | 1,510 |  |  | 510,400 |  |  | 511,910 |
Agricultural production and other loans to farmers | — |  |  | — |  |  | — |  |  | — |  |  | 1,652 |  |  | 1,652 |
Commercial and Industrial | 64 |  |  | 379 |  |  | 314 |  |  | 757 |  |  | 725,685 |  |  | 726,442 |
Obligations (other than securities and leases) of states and political subdivisions | — |  |  | — |  |  | — |  |  | — |  |  | 152,201 |  |  | 152,201 |
Other loans | — |  |  | — |  |  | — |  |  | — |  |  | 25,507 |  |  | 25,507 |
Other construction loans and all land development and other land loans | — |  |  | 41 |  |  | 1,612 |  |  | 1,653 |  |  | 338,705 |  |  | 340,358 |
Multifamily (5 or more) residential properties | — |  |  | — |  |  | 305 |  |  | 305 |  |  | 305,392 |  |  | 305,697 |
Non-owner occupied, nonfarm nonresidential properties | 95 |  |  | 299 |  |  | 2,031 |  |  | 2,425 |  |  | 981,608 |  |  | 984,033 |
1-4 Family Construction | — |  |  | — |  |  | — |  |  | — |  |  | 28,055 |  |  | 28,055 |
Home equity lines of credit | 582 |  |  | 682 |  |  | 339 |  |  | 1,603 |  |  | 129,097 |  |  | 130,700 |
Residential Mortgages secured by first liens | 2,360 |  |  | 1,094 |  |  | 1,651 |  |  | 5,105 |  |  | 1,000,230 |  |  | 1,005,335 |
Residential Mortgages secured by junior liens | 21 |  |  | 38 |  |  | 60 |  |  | 119 |  |  | 91,121 |  |  | 91,240 |
Other revolving credit plans | 114 |  |  | 41 |  |  | 14 |  |  | 169 |  |  | 42,708 |  |  | 42,877 |
Automobile | 62 |  |  | 5 |  |  | 67 |  |  | 134 |  |  | 25,181 |  |  | 25,315 |
Other consumer | 452 |  |  | 453 |  |  | 354 |  |  | 1,259 |  |  | 50,333 |  |  | 51,592 |
Credit cards | 110 |  |  | 17 |  |  | 32 |  |  | 159 |  |  | 11,626 |  |  | 11,785 |
Overdrafts | — |  |  | — |  |  | — |  |  | — |  |  | 292 |  |  | 292 |
Total loans | $ | 3,980 |  |  | $ | 3,231 |  |  | $ | 8,298 |  |  | $ | 15,509 |  |  | $ | 4,452,967 |  |  | $ | 4,468,476 |
(1) As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the loans receivable not past due and total columns disclosure as of December 31, 2023, to reflect the revisions for the applicable portfolio segments. Loan Modifications The Corporation adopted ASU 2022-02, Financial Instruments—Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures effective January 1, 2023. The amendments in ASU 2022-02 eliminated the recognition and measure of troubled debt restructurings and enhanced disclosures for loan modifications to borrowers experiencing financial difficulty. Occasionally, the Corporation modifies loans to borrowers in financial distress by providing principal forgiveness, term extension, an other-than-insignificant payment delay or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses. In some cases, the Corporation provides multiple types of concessions on one loan. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. For the loans included in the "combination" columns below, multiple types of modifications have been made on the same loan within the current reporting period. The combination is at least two of the following: a term extension, principal forgiveness, an other-than-insignificant payment delay and/or an interest rate reduction. The following table presents the amortized cost basis of loans at December 31, 2024 that were both experiencing financial difficulty and modified during the year ended December 31, 2024, by class and by type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below:
| Principal Forgiveness |  | Payment Delay |  | Term Extension |  | Interest Rate Reduction |  | Combination Payment Delay and Term Extension |  | Total Class of Financing Receivable |  |
Farmland | $ | — |  |  | $ | 1,040 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | 3.34 | % |  |
Owner-occupied, nonfarm nonresidential properties | — |  |  | 696 |  |  | — |  |  | — |  |  | — |  |  | 0.14 |  |  |
Commercial and Industrial | — |  |  | — |  |  | 410 |  |  | — |  |  | — |  |  | 0.06 |  |  |
Non-owner occupied, nonfarm nonresidential properties | — |  |  | 5,225 |  |  | — |  |  | — |  |  | — |  |  | 0.51 |  |  |
Total | $ | — |  |  | $ | 6,961 |  |  | $ | 410 |  |  | $ | — |  |  | $ | — |  |  | 0.16 | % |  |
The following table presents the amortized cost basis of loans at December 31, 2023 that were both experiencing financial difficulty and modified during the year ended December 31, 2023, by class and by type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below:
| Principal Forgiveness |  | Payment Delay |  | Term Extension |  | Interest Rate Reduction |  | Combination Payment Delay and Term Extension |  | Total Class of Financing Receivable |  |
Owner-occupied, nonfarm nonresidential properties | $ | — |  |  | $ | 5,934 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | 1.20 | % |  |
Commercial and Industrial | — |  |  | 7,794 |  |  | 524 |  |  | 320 |  |  | — |  |  | 1.19 |  |  |
Non-owner occupied, nonfarm nonresidential properties | — |  |  | 5,911 |  |  | — |  |  | — |  |  | 785 |  |  | 0.75 |  |  |
Residential Mortgages secured by first liens | — |  |  | — |  |  | 414 |  |  | — |  |  | — |  |  | 0.04 |  |  |
Residential Mortgages secured by junior liens | — |  |  | — |  |  | 29 |  |  | — |  |  | — |  |  | 0.03 |  |  |
Total | $ | — |  |  | $ | 19,639 |  |  | $ | 967 |  |  | $ | 320 |  |  | $ | 785 |  |  | 0.49 | % |  |
The Corporation has zero in unfunded available credit to customers whose loan receivables are included in the previous tables. The Corporation closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table presents the performance of such loans that have been modified during the year ended December 31, 2024:
| Current |  | 30 - 59 Days Past Due |  | 60 - 89 Days Past Due |  | Greater Than 89 Days Past Due |  | Total Past Due
Farmland | $ | 1,040 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties | 696 |  |  | — |  |  | — |  |  | — |  |  | — |
Commercial and Industrial | 410 |  |  | — |  |  | — |  |  | — |  |  | — |
Non-owner occupied, nonfarm nonresidential properties | 5,225 |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 7,371 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
The following table presents the performance of such loans that have been modified during the year ended December 31, 2023:
| Current |  | 30 - 59 Days Past Due |  | 60 - 89 Days Past Due |  | Greater Than 89 Days Past Due |  | Total Past Due
Owner-occupied, nonfarm nonresidential properties | $ | 5,934 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial and Industrial | 8,638 |  |  | — |  |  | — |  |  | — |  |  | — |
Non-owner occupied, nonfarm nonresidential properties | 6,696 |  |  | — |  |  | — |  |  | — |  |  | — |
Residential Mortgages secured by first liens | 414 |  |  | — |  |  | — |  |  | — |  |  | — |
Residential Mortgages secured by junior liens | 29 |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 21,711 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the year ended December 31, 2024:
| Principal Forgiveness |  | Weighted Average Term Extension (in years) |  | Weighted Average Interest Rate Reduction
Commercial and Industrial | $ | — |  |  | 1.00 |  | — | %
Total | $ | — |  |  | 1.00 |  | — | %
The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the year ended December 31, 2023:
| Principal Forgiveness |  | Weighted Average Term Extension (in years) |  | Weighted Average Interest Rate Reduction
Commercial and Industrial | $ | — |  |  | 1.00 |  | 0.50 | %
Non-owner occupied, nonfarm nonresidential properties | — |  |  | 0.75 |  | — |
Residential Mortgages secured by first liens | — |  |  | 0.50 |  | — |
Residential Mortgages secured by junior liens | — |  |  | 0.50 |  | — |
Total | $ | — |  |  | 0.76 |  | 0.50 | %
There were no loans that had a payment default during the year ended December 31, 2024 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty. The following table presents the amortized cost basis of loans that had a payment default during the year ended December 31, 2023 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty:
| Principal Forgiveness |  | Payment Delay |  | Term Extension |  | Interest Rate Reduction |  | Combination Payment Delay and Term Extension |  |  |  |
Other construction loans and all land development and other land loans | $ | — |  |  | $ | 1,549 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  |
Non-owner occupied, nonfarm nonresidential properties | — |  |  | — |  |  | 1,523 |  |  | — |  |  | — |  |  |  |  |
Total | $ | — |  |  | $ | 1,549 |  |  | $ | 1,523 |  |  | $ | — |  |  | $ | — |  |  |  |  |
If the Corporation determines that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off and the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. Credit Quality Indicators The Corporation categorizes loans receivable into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Corporation analyzes loans individually to classify the loans as to credit risk. The Corporation uses the following definitions for risk ratings: Special Mention: A loan classified as special mention has a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the Corporation’s credit position at some future date. Substandard: A loan classified as substandard is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. The loan has a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. A substandard loan is characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. Doubtful: A loan classified as doubtful has all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The following tables represent the Corporation's commercial credit risk profile by risk rating. Loans receivable not rated as special mention, substandard, or doubtful are considered to be pass rated loans.
| December 31, 2024
|  |  | Non-Pass Rated |  |  |  |
| Pass |  | Special Mention |  | Substandard |  | Doubtful |  | Total Non-Pass |  | Total
Farmland | $ | 25,171 |  |  | $ | 5,267 |  |  | $ | 661 |  |  | $ | — |  |  | $ | 5,928 |  |  | $ | 31,099 |
Owner-occupied, nonfarm nonresidential properties | 491,798 |  |  | 1,289 |  |  | 22,121 |  |  | — |  |  | 23,410 |  |  | 515,208 |
Agricultural production and other loans to farmers | 6,492 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6,492 |
Commercial and Industrial | 654,139 |  |  | 4,321 |  |  | 60,315 |  |  | — |  |  | 64,636 |  |  | 718,775 |
Obligations (other than securities and leases) of states and political subdivisions | 140,430 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 140,430 |
Other loans | 28,110 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 28,110 |
Other construction loans and all land development and other land loans | 281,466 |  |  | — |  |  | 1,446 |  |  | — |  |  | 1,446 |  |  | 282,912 |
Multifamily (5 or more) residential properties | 385,946 |  |  | — |  |  | 25,200 |  |  | — |  |  | 25,200 |  |  | 411,146 |
Non-owner occupied, nonfarm nonresidential properties | 1,008,507 |  |  | 4,947 |  |  | 20,087 |  |  | — |  |  | 25,034 |  |  | 1,033,541 |
Total loans | $ | 3,022,059 |  |  | $ | 15,824 |  |  | $ | 129,830 |  |  | $ | — |  |  | $ | 145,654 |  |  | $ | 3,167,713 |
| December 31, 2023 (1)
|  |  | Non-Pass Rated |  |  |  |
| Pass |  | Special Mention |  | Substandard |  | Doubtful |  | Total Non-Pass |  | Total
Farmland | $ | 32,402 |  |  | $ | — |  |  | $ | 1,083 |  |  | $ | — |  |  | $ | 1,083 |  |  | $ | 33,485 |
Owner-occupied, nonfarm nonresidential properties | 475,093 |  |  | 25,484 |  |  | 11,333 |  |  | — |  |  | 36,817 |  |  | 511,910 |
Agricultural production and other loans to farmers | 1,652 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,652 |
Commercial and Industrial | 653,981 |  |  | 52,030 |  |  | 20,431 |  |  | — |  |  | 72,461 |  |  | 726,442 |
Obligations (other than securities and leases) of states and political subdivisions | 139,014 |  |  | 13,187 |  |  | — |  |  | — |  |  | 13,187 |  |  | 152,201 |
Other loans | 25,507 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 25,507 |
Other construction loans and all land development and other land loans | 338,746 |  |  | — |  |  | 1,612 |  |  | — |  |  | 1,612 |  |  | 340,358 |
Multifamily (5 or more) residential properties | 303,554 |  |  | 1,346 |  |  | 797 |  |  | — |  |  | 2,143 |  |  | 305,697 |
Non-owner occupied, nonfarm nonresidential properties | 957,254 |  |  | 3,008 |  |  | 23,771 |  |  | — |  |  | 26,779 |  |  | 984,033 |
Total loans | $ | 2,927,203 |  |  | $ | 95,055 |  |  | $ | 59,027 |  |  | $ | — |  |  | $ | 154,082 |  |  | $ | 3,081,285 |
(1) As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the pass, special mention, total non-pass and total columns disclosure as of December 31, 2023, to reflect the revisions for the applicable portfolio segments. The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by risk grade within each portfolio segment as of December 31, 2024. Current period originations may include modifications.
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
Farmland |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 265 |  |  | $ | 3,165 |  |  | $ | 6,756 |  |  | $ | 6,477 |  |  | $ | 1,436 |  |  | $ | 6,662 |  |  | $ | 410 |  |  | $ | — |  |  | $ | 25,171 |
Special mention | — |  |  | — |  |  | 5,267 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,267 |
Substandard | 170 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 491 |  |  | — |  |  | — |  |  | 661 |
Total | $ | 435 |  |  | $ | 3,165 |  |  | $ | 12,023 |  |  | $ | 6,477 |  |  | $ | 1,436 |  |  | $ | 7,153 |  |  | $ | 410 |  |  | $ | — |  |  | $ | 31,099 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 74,692 |  |  | $ | 62,609 |  |  | $ | 114,980 |  |  | $ | 98,469 |  |  | $ | 39,931 |  |  | $ | 90,249 |  |  | $ | 10,868 |  |  | $ | — |  |  | $ | 491,798 |
Special mention | — |  |  | — |  |  | — |  |  | 254 |  |  | — |  |  | 527 |  |  | 508 |  |  | — |  |  | 1,289 |
Substandard | 14,181 |  |  | 1,114 |  |  | 4,370 |  |  | 696 |  |  | — |  |  | 1,507 |  |  | 253 |  |  | — |  |  | 22,121 |
Total | $ | 88,873 |  |  | $ | 63,723 |  |  | $ | 119,350 |  |  | $ | 99,419 |  |  | $ | 39,931 |  |  | $ | 92,283 |  |  | $ | 11,629 |  |  | $ | — |  |  | $ | 515,208 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | 750 |  |  | $ | — |  |  | $ | — |  |  | $ | 698 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,448 |
Agricultural production and other loans to farmers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 5,072 |  |  | $ | 473 |  |  | $ | 18 |  |  | $ | 26 |  |  | $ | 40 |  |  | $ | 148 |  |  | $ | 715 |  |  | $ | — |  |  | $ | 6,492 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 5,072 |  |  | $ | 473 |  |  | $ | 18 |  |  | $ | 26 |  |  | $ | 40 |  |  | $ | 148 |  |  | $ | 715 |  |  | $ | — |  |  | $ | 6,492 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial and Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 148,569 |  |  | $ | 44,080 |  |  | $ | 104,613 |  |  | $ | 63,646 |  |  | $ | 24,511 |  |  | $ | 18,771 |  |  | $ | 249,949 |  |  | $ | — |  |  | $ | 654,139 |
Special mention | 7 |  |  | 55 |  |  | 139 |  |  | 424 |  |  | 61 |  |  | 32 |  |  | 3,603 |  |  | — |  |  | 4,321 |
Substandard | 845 |  |  | 5,145 |  |  | 10,988 |  |  | 1,461 |  |  | 49 |  |  | 1,935 |  |  | 39,892 |  |  | — |  |  | 60,315 |
Total | $ | 149,421 |  |  | $ | 49,280 |  |  | $ | 115,740 |  |  | $ | 65,531 |  |  | $ | 24,621 |  |  | $ | 20,738 |  |  | $ | 293,444 |  |  | $ | — |  |  | $ | 718,775 |
Current period gross write offs | $ | — |  |  | $ | 301 |  |  | $ | 116 |  |  | $ | 537 |  |  | $ | 1 |  |  | $ | 43 |  |  | $ | 1,428 |  |  | $ | — |  |  | $ | 2,426 |
Obligations (other than securities and leases) of states and political subdivisions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 7,999 |  |  | $ | 24,754 |  |  | $ | 15,756 |  |  | $ | 30,419 |  |  | $ | 11,411 |  |  | $ | 45,882 |  |  | $ | 4,209 |  |  | $ | — |  |  | $ | 140,430 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 7,999 |  |  | $ | 24,754 |  |  | $ | 15,756 |  |  | $ | 30,419 |  |  | $ | 11,411 |  |  | $ | 45,882 |  |  | $ | 4,209 |  |  | $ | — |  |  | $ | 140,430 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 2,134 |  |  | $ | 3,382 |  |  | $ | 12,291 |  |  | $ | 4,602 |  |  | $ | 1,341 |  |  | $ | 274 |  |  | $ | 4,086 |  |  | $ | — |  |  | $ | 28,110 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 2,134 |  |  | $ | 3,382 |  |  | $ | 12,291 |  |  | $ | 4,602 |  |  | $ | 1,341 |  |  | $ | 274 |  |  | $ | 4,086 |  |  | $ | — |  |  | $ | 28,110 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
Other construction loans and all land development and other land loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 112,919 |  |  | $ | 58,596 |  |  | $ | 99,268 |  |  | $ | 3,141 |  |  | $ | 749 |  |  | $ | 1,875 |  |  | $ | 4,918 |  |  | $ | — |  |  | $ | 281,466 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,446 |  |  | — |  |  | — |  |  | 1,446 |
Total | $ | 112,919 |  |  | $ | 58,596 |  |  | $ | 99,268 |  |  | $ | 3,141 |  |  | $ | 749 |  |  | $ | 3,321 |  |  | $ | 4,918 |  |  | $ | — |  |  | $ | 282,912 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 11 |  |  | $ | 11 |
Multifamily (5 or more) residential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 46,905 |  |  | $ | 49,880 |  |  | $ | 173,994 |  |  | $ | 67,500 |  |  | $ | 20,706 |  |  | $ | 25,037 |  |  | $ | 1,924 |  |  | $ | — |  |  | $ | 385,946 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | 2,107 |  |  | 20,392 |  |  | — |  |  | 2,701 |  |  | — |  |  | — |  |  | — |  |  | 25,200 |
Total | $ | 46,905 |  |  | $ | 51,987 |  |  | $ | 194,386 |  |  | $ | 67,500 |  |  | $ | 23,407 |  |  | $ | 25,037 |  |  | $ | 1,924 |  |  | $ | — |  |  | $ | 411,146 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Non-owner occupied, nonfarm nonresidential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 141,083 |  |  | $ | 190,123 |  |  | $ | 320,047 |  |  | $ | 183,621 |  |  | $ | 38,309 |  |  | $ | 127,515 |  |  | $ | 7,809 |  |  | $ | — |  |  | $ | 1,008,507 |
Special mention | 1,962 |  |  | — |  |  | 212 |  |  | 2,003 |  |  | — |  |  | 349 |  |  | 421 |  |  | — |  |  | 4,947 |
Substandard | 11,469 |  |  | 762 |  |  | 689 |  |  | — |  |  | 5,225 |  |  | 1,942 |  |  | — |  |  | — |  |  | 20,087 |
Total | $ | 154,514 |  |  | $ | 190,885 |  |  | $ | 320,948 |  |  | $ | 185,624 |  |  | $ | 43,534 |  |  | $ | 129,806 |  |  | $ | 8,230 |  |  | $ | — |  |  | $ | 1,033,541 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | 33 |  |  | $ | 296 |  |  | $ | — |  |  | $ | 625 |  |  | $ | 20 |  |  | $ | — |  |  | $ | 974 |
The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by risk grade within each portfolio segment as of December 31, 2023. Current period originations may include modifications. As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the vintage loan disclosure at December 31, 2023, to reflect the revisions for the applicable portfolio segments.
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
Farmland |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 3,250 |  |  | $ | 12,897 |  |  | $ | 6,845 |  |  | $ | 1,465 |  |  | $ | 815 |  |  | $ | 6,828 |  |  | $ | 302 |  |  | $ | — |  |  | $ | 32,402 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | 306 |  |  | — |  |  | — |  |  | 777 |  |  | — |  |  | — |  |  | 1,083 |
Total | $ | 3,250 |  |  | $ | 12,897 |  |  | $ | 7,151 |  |  | $ | 1,465 |  |  | $ | 815 |  |  | $ | 7,605 |  |  | $ | 302 |  |  | $ | — |  |  | $ | 33,485 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 64,237 |  |  | $ | 125,894 |  |  | $ | 107,740 |  |  | $ | 44,286 |  |  | $ | 49,366 |  |  | $ | 73,649 |  |  | $ | 9,921 |  |  | $ | — |  |  | $ | 475,093 |
Special mention | 320 |  |  | 6,611 |  |  | 1,180 |  |  | 13,623 |  |  | 407 |  |  | 210 |  |  | 3,133 |  |  | — |  |  | 25,484 |
Substandard | 848 |  |  | — |  |  | 696 |  |  | 292 |  |  | 6,738 |  |  | 2,593 |  |  | 166 |  |  | — |  |  | 11,333 |
Total | $ | 65,405 |  |  | $ | 132,505 |  |  | $ | 109,616 |  |  | $ | 58,201 |  |  | $ | 56,511 |  |  | $ | 76,452 |  |  | $ | 13,220 |  |  | $ | — |  |  | $ | 511,910 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 26 |  |  | $ | — |  |  | $ | — |  |  | $ | 26 |
Agricultural production and other loans to farmers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 703 |  |  | $ | 34 |  |  | $ | 89 |  |  | $ | 60 |  |  | $ | 5 |  |  | $ | 159 |  |  | $ | 602 |  |  | $ | — |  |  | $ | 1,652 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 703 |  |  | $ | 34 |  |  | $ | 89 |  |  | $ | 60 |  |  | $ | 5 |  |  | $ | 159 |  |  | $ | 602 |  |  | $ | — |  |  | $ | 1,652 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial and Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 78,325 |  |  | $ | 140,178 |  |  | $ | 141,439 |  |  | $ | 33,475 |  |  | $ | 6,662 |  |  | $ | 14,709 |  |  | $ | 239,193 |  |  | $ | — |  |  | $ | 653,981 |
Special mention | 7,718 |  |  | 7,803 |  |  | 2,795 |  |  | 65 |  |  | 139 |  |  | 21 |  |  | 33,489 |  |  | — |  |  | 52,030 |
Substandard | — |  |  | 385 |  |  | 4,281 |  |  | 396 |  |  | 3,476 |  |  | 1,655 |  |  | 10,238 |  |  | — |  |  | 20,431 |
Total | $ | 86,043 |  |  | $ | 148,366 |  |  | $ | 148,515 |  |  | $ | 33,936 |  |  | $ | 10,277 |  |  | $ | 16,385 |  |  | $ | 282,920 |  |  | $ | — |  |  | $ | 726,442 |
Current period gross write offs | $ | 50 |  |  | $ | — |  |  | $ | — |  |  | $ | 191 |  |  | $ | — |  |  | $ | — |  |  | $ | 151 |  |  | $ | — |  |  | $ | 392 |
Obligations (other than securities and leases) of states and political subdivisions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 24,964 |  |  | $ | 16,791 |  |  | $ | 31,768 |  |  | $ | 12,399 |  |  | $ | 4,190 |  |  | $ | 45,331 |  |  | $ | 3,571 |  |  | $ | — |  |  | $ | 139,014 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13,187 |  |  | — |  |  | — |  |  | 13,187 |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 24,964 |  |  | $ | 16,791 |  |  | $ | 31,768 |  |  | $ | 12,399 |  |  | $ | 4,190 |  |  | $ | 58,518 |  |  | $ | 3,571 |  |  | $ | — |  |  | $ | 152,201 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 3,649 |  |  | $ | 12,211 |  |  | $ | 5,289 |  |  | $ | 1,809 |  |  | $ | 288 |  |  | $ | — |  |  | $ | 2,261 |  |  | $ | — |  |  | $ | 25,507 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 3,649 |  |  | $ | 12,211 |  |  | $ | 5,289 |  |  | $ | 1,809 |  |  | $ | 288 |  |  | $ | — |  |  | $ | 2,261 |  |  | $ | — |  |  | $ | 25,507 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
Other construction loans and all land development and other land loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 92,321 |  |  | $ | 197,166 |  |  | $ | 23,484 |  |  | $ | 15,540 |  |  | $ | 1,706 |  |  | $ | 1,129 |  |  | $ | 7,400 |  |  | $ | — |  |  | $ | 338,746 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | 1,549 |  |  | — |  |  | 63 |  |  | — |  |  | 1,612 |
Total | $ | 92,321 |  |  | $ | 197,166 |  |  | $ | 23,484 |  |  | $ | 15,540 |  |  | $ | 3,255 |  |  | $ | 1,129 |  |  | $ | 7,463 |  |  | $ | — |  |  | $ | 340,358 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Multifamily (5 or more) residential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 49,566 |  |  | $ | 127,027 |  |  | $ | 70,261 |  |  | $ | 25,232 |  |  | $ | 10,928 |  |  | $ | 19,786 |  |  | $ | 754 |  |  | $ | — |  |  | $ | 303,554 |
Special mention | 1,346 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,346 |
Substandard | 797 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 797 |
Total | $ | 51,709 |  |  | $ | 127,027 |  |  | $ | 70,261 |  |  | $ | 25,232 |  |  | $ | 10,928 |  |  | $ | 19,786 |  |  | $ | 754 |  |  | $ | — |  |  | $ | 305,697 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 65 |  |  | $ | — |  |  | $ | — |  |  | $ | 65 |
Non-owner occupied, nonfarm nonresidential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 198,343 |  |  | $ | 332,733 |  |  | $ | 195,106 |  |  | $ | 42,216 |  |  | $ | 55,150 |  |  | $ | 125,532 |  |  | $ | 8,174 |  |  | $ | — |  |  | $ | 957,254 |
Special mention | — |  |  | — |  |  | — |  |  | 1,887 |  |  | — |  |  | 688 |  |  | 433 |  |  | — |  |  | 3,008 |
Substandard | 778 |  |  | 1,134 |  |  | 488 |  |  | 5,911 |  |  | 3,266 |  |  | 10,484 |  |  | 1,710 |  |  | — |  |  | 23,771 |
Total | $ | 199,121 |  |  | $ | 333,867 |  |  | $ | 195,594 |  |  | $ | 50,014 |  |  | $ | 58,416 |  |  | $ | 136,704 |  |  | $ | 10,317 |  |  | $ | — |  |  | $ | 984,033 |
Current period gross write offs | $ | — |  |  | $ | 358 |  |  | $ | — |  |  | $ | — |  |  | $ | 88 |  |  | $ | — |  |  | $ | 248 |  |  | $ | — |  |  | $ | 694 |
The Corporation considers the performance of the loan portfolio and its impact on the allowance for credit losses. For 1-4 family construction, home equity lines of credit, residential mortgages secured by first liens, residential mortgages secured by junior liens, automobile, credit cards, other revolving credit plans and other consumer segments, the Corporation evaluates credit quality based on the performance status of the loan, which was previously presented, and by payment activity. Nonperforming loans include loans receivable on nonaccrual status and loans receivable past due over 89 days and still accruing interest.
| December 31, 2024 |  | December 31, 2023 (1)
| Performing |  | Nonperforming |  | Total |  | Performing |  | Nonperforming |  | Total
1-4 Family Construction | $ | 26,431 |  |  | $ | — |  |  | $ | 26,431 |  |  | $ | 28,055 |  |  | $ | — |  |  | $ | 28,055 |
Home equity lines of credit | 165,490 |  |  | 837 |  |  | 166,327 |  |  | 129,760 |  |  | 940 |  |  | 130,700 |
Residential Mortgages secured by first liens | 1,003,653 |  |  | 9,093 |  |  | 1,012,746 |  |  | 999,996 |  |  | 5,339 |  |  | 1,005,335 |
Residential Mortgages secured by junior liens | 106,191 |  |  | 271 |  |  | 106,462 |  |  | 91,117 |  |  | 123 |  |  | 91,240 |
Other revolving credit plans | 40,941 |  |  | 154 |  |  | 41,095 |  |  | 42,796 |  |  | 81 |  |  | 42,877 |
Automobile | 20,895 |  |  | 66 |  |  | 20,961 |  |  | 25,236 |  |  | 79 |  |  | 25,315 |
Other consumer | 53,072 |  |  | 749 |  |  | 53,821 |  |  | 50,794 |  |  | 798 |  |  | 51,592 |
Total loans | $ | 1,416,673 |  |  | $ | 11,170 |  |  | $ | 1,427,843 |  |  | $ | 1,367,754 |  |  | $ | 7,360 |  |  | $ | 1,375,114 |
(1) As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the performing and total columns at December 31, 2023, to reflect the revisions for the applicable portfolio segments. The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by payment activity within each portfolio segment as of December 31, 2024. The current period originations may include modifications, extensions and renewals.
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
1-4 Family Construction |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 21,411 |  |  | $ | 3,717 |  |  | $ | 1,254 |  |  | $ | — |  |  | $ | — |  |  | $ | 49 |  |  | $ | — |  |  | $ | — |  |  | $ | 26,431 |
Nonperforming | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 21,411 |  |  | $ | 3,717 |  |  | $ | 1,254 |  |  | $ | — |  |  | $ | — |  |  | $ | 49 |  |  | $ | — |  |  | $ | — |  |  | $ | 26,431 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Home equity lines of credit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 44,573 |  |  | $ | 28,211 |  |  | $ | 30,557 |  |  | $ | 9,440 |  |  | $ | 8,106 |  |  | $ | 30,649 |  |  | $ | 7,993 |  |  | $ | 5,961 |  |  | $ | 165,490 |
Nonperforming | — |  |  | 50 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 787 |  |  | 837 |
Total | $ | 44,573 |  |  | $ | 28,261 |  |  | $ | 30,557 |  |  | $ | 9,440 |  |  | $ | 8,106 |  |  | $ | 30,649 |  |  | $ | 7,993 |  |  | $ | 6,748 |  |  | $ | 166,327 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Residential mortgages secured by first lien |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 106,278 |  |  | $ | 135,898 |  |  | $ | 224,633 |  |  | $ | 177,756 |  |  | $ | 128,924 |  |  | $ | 226,926 |  |  | $ | 3,238 |  |  | $ | — |  |  | $ | 1,003,653 |
Nonperforming | 363 |  |  | 2,494 |  |  | 1,657 |  |  | 1,305 |  |  | 839 |  |  | 2,435 |  |  | — |  |  | — |  |  | 9,093 |
Total | $ | 106,641 |  |  | $ | 138,392 |  |  | $ | 226,290 |  |  | $ | 179,061 |  |  | $ | 129,763 |  |  | $ | 229,361 |  |  | $ | 3,238 |  |  | $ | — |  |  | $ | 1,012,746 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 79 |  |  | $ | — |  |  | $ | — |  |  | $ | 79 |
Residential mortgages secured by junior liens |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 32,777 |  |  | $ | 22,256 |  |  | $ | 22,931 |  |  | $ | 11,769 |  |  | $ | 5,695 |  |  | $ | 9,465 |  |  | $ | 1,298 |  |  | $ | — |  |  | $ | 106,191 |
Nonperforming | 19 |  |  | 40 |  |  | 34 |  |  | 123 |  |  | — |  |  | 16 |  |  | 39 |  |  | — |  |  | 271 |
Total | $ | 32,796 |  |  | $ | 22,296 |  |  | $ | 22,965 |  |  | $ | 11,892 |  |  | $ | 5,695 |  |  | $ | 9,481 |  |  | $ | 1,337 |  |  | $ | — |  |  | $ | 106,462 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other revolving credit plans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 10,454 |  |  | $ | 5,556 |  |  | $ | 6,898 |  |  | $ | 2,163 |  |  | $ | 5,366 |  |  | $ | 10,504 |  |  | $ | — |  |  | $ | — |  |  | $ | 40,941 |
Nonperforming | — |  |  | — |  |  | 27 |  |  | 6 |  |  | — |  |  | 121 |  |  | — |  |  | — |  |  | 154 |
Total | $ | 10,454 |  |  | $ | 5,556 |  |  | $ | 6,925 |  |  | $ | 2,169 |  |  | $ | 5,366 |  |  | $ | 10,625 |  |  | $ | — |  |  | $ | — |  |  | $ | 41,095 |
Current period gross write offs | $ | — |  |  | $ | 9 |  |  | $ | — |  |  | $ | 41 |  |  | $ | 25 |  |  | $ | 81 |  |  | $ | — |  |  | $ | — |  |  | $ | 156 |
Automobile |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 5,794 |  |  | $ | 8,504 |  |  | $ | 3,975 |  |  | $ | 1,149 |  |  | $ | 664 |  |  | $ | 809 |  |  | $ | — |  |  | $ | — |  |  | $ | 20,895 |
Nonperforming | — |  |  | 15 |  |  | 47 |  |  | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  |  | 66 |
Total | $ | 5,794 |  |  | $ | 8,519 |  |  | $ | 4,022 |  |  | $ | 1,149 |  |  | $ | 668 |  |  | $ | 809 |  |  | $ | — |  |  | $ | — |  |  | $ | 20,961 |
Current period gross write offs | $ | 22 |  |  | $ | 93 |  |  | $ | 7 |  |  | $ | 14 |  |  | $ | 6 |  |  | $ | 4 |  |  | $ | — |  |  | $ | — |  |  | $ | 146 |
Other consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 27,727 |  |  | $ | 13,090 |  |  | $ | 5,344 |  |  | $ | 2,432 |  |  | $ | 2,162 |  |  | $ | 2,317 |  |  | $ | — |  |  | $ | — |  |  | $ | 53,072 |
Nonperforming | 219 |  |  | 368 |  |  | 82 |  |  | 67 |  |  | 8 |  |  | 5 |  |  | — |  |  | — |  |  | 749 |
Total | $ | 27,946 |  |  | $ | 13,458 |  |  | $ | 5,426 |  |  | $ | 2,499 |  |  | $ | 2,170 |  |  | $ | 2,322 |  |  | $ | — |  |  | $ | — |  |  | $ | 53,821 |
Current period gross write offs | $ | 133 |  |  | $ | 1,141 |  |  | $ | 630 |  |  | $ | 154 |  |  | $ | 24 |  |  | $ | 12 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,094 |
The following tables detail the amortized cost of loans receivable, by year of origination (for term loans) and by payment activity within each portfolio segment as of December 31, 2023. Current period originations may include modifications. As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the vintage loan disclosure at December 31, 2023, to reflect the revisions for the applicable portfolio segments.
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
1-4 Family Construction |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 16,968 |  |  | $ | 9,977 |  |  | $ | 251 |  |  | $ | — |  |  | $ | 59 |  |  | $ | 1 |  |  | $ | 799 |  |  | $ | — |  |  | $ | 28,055 |
Nonperforming | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 16,968 |  |  | $ | 9,977 |  |  | $ | 251 |  |  | $ | — |  |  | $ | 59 |  |  | $ | 1 |  |  | $ | 799 |  |  | $ | — |  |  | $ | 28,055 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Home equity lines of credit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 27,110 |  |  | $ | 32,027 |  |  | $ | 11,437 |  |  | $ | 9,844 |  |  | $ | 6,781 |  |  | $ | 30,467 |  |  | $ | 7,479 |  |  | $ | 4,615 |  |  | $ | 129,760 |
Nonperforming | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14 |  |  | — |  |  | 926 |  |  | 940 |
Total | $ | 27,110 |  |  | $ | 32,027 |  |  | $ | 11,437 |  |  | $ | 9,844 |  |  | $ | 6,781 |  |  | $ | 30,481 |  |  | $ | 7,479 |  |  | $ | 5,541 |  |  | $ | 130,700 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 10 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 10 |
Residential mortgages secured by first lien |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 141,019 |  |  | $ | 238,242 |  |  | $ | 200,794 |  |  | $ | 144,676 |  |  | $ | 77,919 |  |  | $ | 194,185 |  |  | $ | 3,161 |  |  | $ | — |  |  | $ | 999,996 |
Nonperforming | 497 |  |  | 174 |  |  | 787 |  |  | 615 |  |  | 492 |  |  | 2,736 |  |  | 38 |  |  | — |  |  | 5,339 |
Total | $ | 141,516 |  |  | $ | 238,416 |  |  | $ | 201,581 |  |  | $ | 145,291 |  |  | $ | 78,411 |  |  | $ | 196,921 |  |  | $ | 3,199 |  |  | $ | — |  |  | $ | 1,005,335 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 22 |  |  | $ | 95 |  |  | $ | — |  |  | $ | 117 |
Residential mortgages secured by junior liens |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 28,685 |  |  | $ | 27,032 |  |  | $ | 14,204 |  |  | $ | 7,102 |  |  | $ | 3,888 |  |  | $ | 8,833 |  |  | $ | 1,373 |  |  | $ | — |  |  | $ | 91,117 |
Nonperforming | — |  |  | 38 |  |  | — |  |  | — |  |  | — |  |  | 42 |  |  | 43 |  |  | — |  |  | 123 |
Total | $ | 28,685 |  |  | $ | 27,070 |  |  | $ | 14,204 |  |  | $ | 7,102 |  |  | $ | 3,888 |  |  | $ | 8,875 |  |  | $ | 1,416 |  |  | $ | — |  |  | $ | 91,240 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other revolving credit plans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 8,684 |  |  | $ | 8,027 |  |  | $ | 2,732 |  |  | $ | 11,274 |  |  | $ | 1,634 |  |  | $ | 10,445 |  |  | $ | — |  |  | $ | — |  |  | $ | 42,796 |
Nonperforming | — |  |  | 29 |  |  | 5 |  |  | — |  |  | — |  |  | 47 |  |  | — |  |  | — |  |  | 81 |
Total | $ | 8,684 |  |  | $ | 8,056 |  |  | $ | 2,737 |  |  | $ | 11,274 |  |  | $ | 1,634 |  |  | $ | 10,492 |  |  | $ | — |  |  | $ | — |  |  | $ | 42,877 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | 50 |  |  | $ | 4 |  |  | $ | 16 |  |  | $ | 49 |  |  | $ | — |  |  | $ | — |  |  | $ | 119 |
Automobile |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 12,545 |  |  | $ | 6,800 |  |  | $ | 2,597 |  |  | $ | 1,472 |  |  | $ | 1,025 |  |  | $ | 797 |  |  | $ | — |  |  | $ | — |  |  | $ | 25,236 |
Nonperforming | 16 |  |  | 51 |  |  | — |  |  | 7 |  |  | 5 |  |  | — |  |  | — |  |  | — |  |  | 79 |
Total | $ | 12,561 |  |  | $ | 6,851 |  |  | $ | 2,597 |  |  | $ | 1,479 |  |  | $ | 1,030 |  |  | $ | 797 |  |  | $ | — |  |  | $ | — |  |  | $ | 25,315 |
Current period gross write offs | $ | 18 |  |  | $ | 23 |  |  | $ | — |  |  | $ | 8 |  |  | $ | 7 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 56 |
Other consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 27,202 |  |  | $ | 12,261 |  |  | $ | 5,255 |  |  | $ | 3,107 |  |  | $ | 1,471 |  |  | $ | 1,498 |  |  | $ | — |  |  | $ | — |  |  | $ | 50,794 |
Nonperforming | 283 |  |  | 330 |  |  | 116 |  |  | 12 |  |  | 6 |  |  | 51 |  |  | — |  |  | — |  |  | 798 |
Total | $ | 27,485 |  |  | $ | 12,591 |  |  | $ | 5,371 |  |  | $ | 3,119 |  |  | $ | 1,477 |  |  | $ | 1,549 |  |  | $ | — |  |  | $ | — |  |  | $ | 51,592 |
Current period gross write offs | $ | 210 |  |  | $ | 1,164 |  |  | $ | 467 |  |  | $ | 96 |  |  | $ | 33 |  |  | $ | 12 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,982 |
| December 31, 2024 |  | December 31, 2023
Credit card |  |  |
Payment performance |  |  |
Performing | $ | 12,981 |  |  | $ | 11,753 |
Nonperforming | 162 |  |  | 32 |
Total | $ | 13,143 |  |  | $ | 11,785 |
Current period gross write offs | $ | 143 |  |  | $ | 189 |
Holiday’s loan portfolio, included in other consumer loans above, is summarized as follows at December 31, 2024 and 2023:
| December 31, 2024 |  | December 31, 2023
Gross consumer loans | $ | 27,261 |  |  | $ | 31,242 |
Less: unearned discounts | (4,772) |  |  | (5,696) |
Total consumer loans, net of unearned discounts | $ | 22,489 |  |  | $ | 25,546 |

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