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LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES | 3 Months Ended
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Mar. 31, 2025
Receivables [Abstract] |
LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES | LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES Total net loans receivable at March 31, 2025 and December 31, 2024 are summarized as follows:
| March 31, 2025 |  | Percentage of Total |  | December 31, 2024 |  | Percentage of Total
Farmland | $ | 29,398 |  |  | 0.64 | % |  | $ | 31,099 |  |  | 0.67 | %
Owner-occupied, nonfarm nonresidential properties | 520,498 |  |  | 11.29 |  |  | 515,208 |  |  | 11.18 |
Agricultural production and other loans to farmers | 6,405 |  |  | 0.14 |  |  | 6,492 |  |  | 0.14 |
Commercial and Industrial | 708,690 |  |  | 15.37 |  |  | 718,775 |  |  | 15.60 |
Obligations (other than securities and leases) of states and political subdivisions | 137,149 |  |  | 2.97 |  |  | 140,430 |  |  | 3.05 |
Other loans | 27,457 |  |  | 0.59 |  |  | 28,110 |  |  | 0.61 |
Other construction loans and all land development and other land loans | 286,564 |  |  | 6.22 |  |  | 282,912 |  |  | 6.14 |
Multifamily (5 or more) residential properties | 426,002 |  |  | 9.24 |  |  | 411,146 |  |  | 8.92 |
Non-owner occupied, nonfarm nonresidential properties | 1,041,450 |  |  | 22.59 |  |  | 1,033,541 |  |  | 22.42 |
1-4 Family Construction | 16,470 |  |  | 0.36 |  |  | 26,431 |  |  | 0.57 |
Home equity lines of credit | 179,129 |  |  | 3.89 |  |  | 166,327 |  |  | 3.61 |
Residential Mortgages secured by first liens | 1,002,969 |  |  | 21.76 |  |  | 1,012,746 |  |  | 21.97 |
Residential Mortgages secured by junior liens | 106,986 |  |  | 2.32 |  |  | 106,462 |  |  | 2.31 |
Other revolving credit plans | 35,360 |  |  | 0.77 |  |  | 41,095 |  |  | 0.89 |
Automobile | 19,739 |  |  | 0.43 |  |  | 20,961 |  |  | 0.45 |
Other consumer | 51,574 |  |  | 1.12 |  |  | 53,821 |  |  | 1.17 |
Credit cards | 13,978 |  |  | 0.30 |  |  | 13,143 |  |  | 0.29 |
Overdrafts | 191 |  |  | — |  |  | 257 |  |  | 0.01 |
Total loans receivable | $ | 4,610,009 |  |  | 100.00 | % |  | $ | 4,608,956 |  |  | 100.00 | %
Less: Allowance for credit losses | (47,357) |  |  |  |  | (47,357) |  |  |
Loans receivable, net | $ | 4,562,652 |  |  |  |  | $ | 4,561,599 |  |  |
Net deferred loan origination fees included in the above table | $ | 138 |  |  |  |  | $ | 49 |  |  |
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 $69.2 million and $79.9 million as of March 31, 2025 and December 31, 2024, respectively. Transactions in the allowance for credit losses for the three months ended March 31, 2025 were as follows:
| Beginning Allowance |  | (Charge-offs) |  | Recoveries |  | Provision (Benefit) for Credit Losses on Loans Receivable(1) |  | Ending Allowance |
Farmland | $ | 167 |  |  | $ | — |  |  | $ | — |  |  | $ | (6) |  |  | $ | 161 |  |
Owner-occupied, nonfarm nonresidential properties | 5,696 |  |  | (23) |  |  | 14 |  |  | 140 |  |  | 5,827 |  |
Agricultural production and other loans to farmers | 37 |  |  | — |  |  | — |  |  | 2 |  |  | 39 |  |
Commercial and Industrial | 7,759 |  |  | (650) |  |  | — |  |  | 101 |  |  | 7,210 |  |
Obligations (other than securities and leases) of states and political subdivisions | 1,369 |  |  | — |  |  | — |  |  | 2 |  |  | 1,371 |  |
Other loans | 329 |  |  | — |  |  | — |  |  | (3) |  |  | 326 |  |
Other construction loans and all land development and other land loans | 2,571 |  |  | — |  |  | — |  |  | (2) |  |  | 2,569 |  |
Multifamily (5 or more) residential properties | 2,969 |  |  | — |  |  | — |  |  | 123 |  |  | 3,092 |  |
Non-owner occupied, nonfarm nonresidential properties | 10,110 |  |  | — |  |  | — |  |  | 62 |  |  | 10,172 |  |
1-4 Family Construction | 198 |  |  | — |  |  | — |  |  | (76) |  |  | 122 |  |
Home equity lines of credit | 1,340 |  |  | — |  |  | — |  |  | 224 |  |  | 1,564 |  |
Residential Mortgages secured by first liens | 8,958 |  |  | (34) |  |  | — |  |  | 175 |  |  | 9,099 |  |
Residential Mortgages secured by junior liens | 1,343 |  |  | — |  |  | — |  |  | 108 |  |  | 1,451 |  |
Other revolving credit plans | 960 |  |  | (3) |  |  | 1 |  |  | (103) |  |  | 855 |  |
Automobile | 275 |  |  | — |  |  | — |  |  | (13) |  |  | 262 |  |
Other consumer | 2,892 |  |  | (567) |  |  | 12 |  |  | 584 |  |  | 2,921 |  |
Credit cards | 127 |  |  | (122) |  |  | 4 |  |  | 116 |  |  | 125 |  |
Overdrafts | 257 |  |  | (98) |  |  | 27 |  |  | 5 |  |  | 191 |  |
Total loans | $ | 47,357 |  |  | $ | (1,497) |  |  | $ | 58 |  |  | $ | 1,439 |  |  | $ | 47,357 |  |
(1) Excludes provision for credit losses related to unfunded commitments. Note 9, "Off-Balance Sheet Commitments and Contingencies," to the condensed 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 three months ended March 31, 2024 were as follows:
| Beginning Allowance |  | (Charge-offs) |  | Recoveries |  | Provision (Benefit) for Credit Losses on Loans Receivable(1) |  | Ending Allowance |
Farmland | $ | 126 |  |  | $ | — |  |  | $ | — |  |  | $ | 9 |  |  | $ | 135 |  |
Owner-occupied, nonfarm nonresidential properties | 3,949 |  |  | (596) |  |  | 9 |  |  | 1,111 |  |  | 4,473 |  |
Agricultural production and other loans to farmers | 7 |  |  | — |  |  | — |  |  | 1 |  |  | 8 |  |
Commercial and Industrial | 9,433 |  |  | (71) |  |  | 29 |  |  | (418) |  |  | 8,973 |  |
Obligations (other than securities and leases) of states and political subdivisions | 2,613 |  |  | — |  |  | — |  |  | (76) |  |  | 2,537 |  |
Other loans | 387 |  |  | — |  |  | — |  |  | (9) |  |  | 378 |  |
Other construction loans and all land development and other land loans | 4,033 |  |  | — |  |  | — |  |  | 222 |  |  | 4,255 |  |
Multifamily (5 or more) residential properties | 1,030 |  |  | — |  |  | — |  |  | 37 |  |  | 1,067 |  |
Non-owner occupied, nonfarm nonresidential properties | 9,170 |  |  | — |  |  | — |  |  | (385) |  |  | 8,785 |  |
1-4 Family Construction | 356 |  |  | — |  |  | — |  |  | (53) |  |  | 303 |  |
Home equity lines of credit | 831 |  |  | — |  |  | 1 |  |  | 65 |  |  | 897 |  |
Residential Mortgages secured by first liens | 8,050 |  |  | (64) |  |  | — |  |  | 382 |  |  | 8,368 |  |
Residential Mortgages secured by junior liens | 1,476 |  |  | — |  |  | — |  |  | (45) |  |  | 1,431 |  |
Other revolving credit plans | 973 |  |  | (15) |  |  | 3 |  |  | (107) |  |  | 854 |  |
Automobile | 358 |  |  | (10) |  |  | 3 |  |  | (47) |  |  | 304 |  |
Other consumer | 2,653 |  |  | (517) |  |  | 27 |  |  | 548 |  |  | 2,711 |  |
Credit cards | 95 |  |  | (29) |  |  | 5 |  |  | 27 |  |  | 98 |  |
Overdrafts | 292 |  |  | (144) |  |  | 25 |  |  | 82 |  |  | 255 |  |
Total loans | $ | 45,832 |  |  | $ | (1,446) |  |  | $ | 102 |  |  | $ | 1,344 |  |  | $ | 45,832 |  |
(1) Excludes provision for credit losses related to unfunded commitments. Note 9, "Off-Balance Sheet Commitments and Contingencies," to the condensed 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 three months ended March 31, 2025, the allowance for credit losses remained unchanged, reflecting stable credit quality in the loan portfolio. Significant uncertainty persists regarding the domestic and global economy due to changes to U.S. tariffs and corresponding policy changes by U.S. trading partners, continued 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 $1.6 million for the three months ended March 31, 2025, compared to $1.3 million for the three months ended March 31, 2024. Included in the provision for credit losses for the three months ended March 31, 2025 was a provision of $117 thousand related to the allowance for unfunded commitments compared to $24 thousand benefit related to the allowance for unfunded commitments for the three months ended March 31, 2024. The following tables present the amortized cost basis of loans receivable on nonaccrual status and loans receivable past due over 89 days still accruing as of March 31, 2025 and December 31, 2024, respectively:
| March 31, 2025
| Nonaccrual |  | Nonaccrual With No Allowance for Credit Loss |  | Loans Receivable Past Due over 89 Days Still Accruing
Farmland | $ | 518 |  |  | $ | 518 |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties | 5,508 |  |  | 1,004 |  |  | 131 |
Commercial and Industrial | 9,776 |  |  | 9,613 |  |  | — |
Other construction loans and all land development and other land loans | 1,458 |  |  | 34 |  |  | — |
Multifamily (5 or more) residential properties | 20,532 |  |  | 215 |  |  | — |
Non-owner occupied, nonfarm nonresidential properties | 5,688 |  |  | 5,688 |  |  | 5 |
Home equity lines of credit | 768 |  |  | 768 |  |  | — |
Residential Mortgages secured by first liens | 8,634 |  |  | 7,865 |  |  | — |
Residential Mortgages secured by junior liens | 298 |  |  | 298 |  |  | — |
Other revolving credit plans | 176 |  |  | 176 |  |  | — |
Automobile | 60 |  |  | 60 |  |  | — |
Other consumer | 663 |  |  | 663 |  |  | — |
Credit cards | — |  |  | — |  |  | 172 |
Total | $ | 54,079 |  |  | $ | 26,902 |  |  | $ | 308 |
| December 31, 2024
| Nonaccrual |  | Nonaccrual With No Allowance for Credit Loss |  | Loans Receivable 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 | $ | 56,323 |  |  | $ | 28,628 |  |  | $ | 653 |
All payments received while on nonaccrual status are applied against the principal balance of the loan. The Corporation does not recognize interest income while a loan is on nonaccrual status. The following table presents the amortized cost basis of loans receivable that are individually evaluated and collateral-dependent by class of loans as of March 31, 2025:
| Real Estate Collateral |  | Non-Real Estate Collateral
Farmland | $ | 352 |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties | 4,504 |  |  | — |
Commercial and Industrial | 258 |  |  | 2,070 |
Other construction loans and all land development and other land loans | 1,424 |  |  | — |
Multifamily (5 or more) residential properties | 20,532 |  |  | — |
Non-owner occupied, nonfarm nonresidential properties | 5,225 |  |  | — |
Home equity lines of credit | 290 |  |  | — |
Residential Mortgages secured by first liens | 1,370 |  |  | — |
Total | $ | 33,955 |  |  | $ | 2,070 |
The following table presents the amortized cost basis of loans receivable that are individually evaluated and collateral-dependent by class of loans as of 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 | $ | 34,142 |  |  | $ | 2,553 |
The following table presents the aging of the amortized cost basis in past-due loans receivable as of March 31, 2025 by class of loans:
| 30 - 59 Days Past Due |  | 60 - 89 Days Past Due |  | Greater Than 89 Days Past Due |  | Total Past Due |  | Loans Receivable Not Past Due |  | Total
Farmland | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 29,398 |  |  | $ | 29,398 |
Owner-occupied, nonfarm nonresidential properties | 733 |  |  | 371 |  |  | 4,886 |  |  | 5,990 |  |  | 514,508 |  |  | 520,498 |
Agricultural production and other loans to farmers | — |  |  | — |  |  | — |  |  | — |  |  | 6,405 |  |  | 6,405 |
Commercial and Industrial | 573 |  |  | 501 |  |  | 6,074 |  |  | 7,148 |  |  | 701,542 |  |  | 708,690 |
Obligations (other than securities and leases) of states and political subdivisions | — |  |  | — |  |  | — |  |  | — |  |  | 137,149 |  |  | 137,149 |
Other loans | — |  |  | — |  |  | — |  |  | — |  |  | 27,457 |  |  | 27,457 |
Other construction loans and all land development and other land loans | 2,911 |  |  | — |  |  | 1,424 |  |  | 4,335 |  |  | 282,229 |  |  | 286,564 |
Multifamily (5 or more) residential properties | — |  |  | — |  |  | 20,532 |  |  | 20,532 |  |  | 405,470 |  |  | 426,002 |
Non-owner occupied, nonfarm nonresidential properties | 211 |  |  | — |  |  | 5 |  |  | 216 |  |  | 1,041,234 |  |  | 1,041,450 |
1-4 Family Construction | — |  |  | — |  |  | — |  |  | — |  |  | 16,470 |  |  | 16,470 |
Home equity lines of credit | 67 |  |  | — |  |  | 507 |  |  | 574 |  |  | 178,555 |  |  | 179,129 |
Residential Mortgages secured by first liens | 4,325 |  |  | 1,017 |  |  | 5,027 |  |  | 10,369 |  |  | 992,600 |  |  | 1,002,969 |
Residential Mortgages secured by junior liens | 134 |  |  | 35 |  |  | 53 |  |  | 222 |  |  | 106,764 |  |  | 106,986 |
Other revolving credit plans | — |  |  | 4 |  |  | 129 |  |  | 133 |  |  | 35,227 |  |  | 35,360 |
Automobile | 129 |  |  | 6 |  |  | — |  |  | 135 |  |  | 19,604 |  |  | 19,739 |
Other consumer | 328 |  |  | 339 |  |  | 409 |  |  | 1,076 |  |  | 50,498 |  |  | 51,574 |
Credit cards | 165 |  |  | 60 |  |  | 172 |  |  | 397 |  |  | 13,581 |  |  | 13,978 |
Overdrafts | — |  |  | — |  |  | — |  |  | — |  |  | 191 |  |  | 191 |
Total | $ | 9,576 |  |  | $ | 2,333 |  |  | $ | 39,218 |  |  | $ | 51,127 |  |  | $ | 4,558,882 |  |  | $ | 4,610,009 |
The following table presents the aging of the amortized cost basis in past-due loans receivable 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 Receivable 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 | $ | 6,319 |  |  | $ | 24,781 |  |  | $ | 20,703 |  |  | $ | 51,803 |  |  | $ | 4,557,153 |  |  | $ | 4,608,956 |
Loan Modifications 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 March 31, 2025 that were both experiencing financial difficulty and modified during the three months ended March 31, 2025, 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 |  |
Commercial and Industrial | $ | — |  |  | $ | 6,961 |  |  | $ | 166 |  |  | $ | — |  |  | $ | — |  |  | 1.0 | % |  |
Other construction loans and all land development and other land loans | — |  |  | — |  |  | 10,115 |  |  | — |  |  | — |  |  | 3.5 |  |  |
Non-owner occupied, nonfarm nonresidential properties | — |  |  | — |  |  | 1,962 |  |  | — |  |  | — |  |  | 0.2 |  |  |
Total | $ | — |  |  | $ | 6,961 |  |  | $ | 12,243 |  |  | $ | — |  |  | $ | — |  |  | 0.4 | % |  |
The following table presents the amortized cost basis of loans at March 31, 2024 that were both experiencing financial difficulty and modified during the three months ended March 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 |  |
Owner-occupied, nonfarm nonresidential properties | $ | — |  |  | $ | 288 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | 0.1 | % |  |
Commercial and Industrial | — |  |  | — |  |  | 505 |  |  | — |  |  | — |  |  | 0.1 |  |  |
Total | $ | — |  |  | $ | 288 |  |  | $ | 505 |  |  | $ | — |  |  | $ | — |  |  | — | % |  |
The Corporation had no 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 twelve months ended March 31, 2025:
| Current |  | 30 - 59 Days Past Due |  | 60 - 89 Days Past Due |  | Greater Than 89 Days Past Due |  | Total Past Due |  |  |  |
Farmland | $ | 1,041 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  |
Owner-occupied, nonfarm nonresidential properties | 696 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Commercial and Industrial | 7,127 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Other construction loans and all land development and other land loans | 10,115 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Non-owner occupied, nonfarm nonresidential properties | 7,186 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Residential Mortgages secured by first liens | 350 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Residential Mortgages secured by junior liens | 28 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Total | $ | 26,543 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  |
The following table presents the performance of such loans that have been modified during the twelve months ended March 31, 2024:
| 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 | $ | 696 |  |  | $ | 288 |  |  | $ | — |  |  | $ | — |  |  | $ | 288 |  |  |  |  |
Commercial and Industrial | 3,705 |  |  | 321 |  |  | — |  |  | — |  |  | 321 |  |  |  |  |
Non-owner occupied, nonfarm nonresidential properties | 6,696 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Residential Mortgages secured by first liens | 399 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Residential Mortgages secured by junior liens | 29 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Total | $ | 11,525 |  |  | $ | 609 |  |  | $ | — |  |  | $ | — |  |  | $ | 609 |  |  |  |  |
The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three months ended March 31, 2025:
| Principal Forgiveness |  |  |  | Weighted Average Term Extension (in years) |  | Weighted Average Interest Rate Reduction |  |  |  |  |  |
Commercial and Industrial | $ | — |  |  |  |  | 0.96 |  | — | % |  |  |  |  |  |
Other construction loans and all land development and other land loans | — |  |  |  |  | 0.75 |  | — |  |  |  |  |  |  |
Non-owner occupied, nonfarm nonresidential properties | — |  |  |  |  | 0.50 |  | — |  |  |  |  |  |  |
Total | $ | — |  |  |  |  | 0.71 |  | — | % |  |  |  |  |  |
The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three months ended March 31, 2024:
| Principal Forgiveness |  |  |  | Weighted Average Term Extension (in years) |  | Weighted Average Interest Rate Reduction |  |  |  |  |  |
Commercial and Industrial | $ | — |  |  |  |  | 1.00 |  | — | % |  |  |  |  |  |
Total | $ | — |  |  |  |  | 1.00 |  | — | % |  |  |  |  |  |
There were no loans that had a payment default during the three months ended March 31, 2025 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 three months ended March 31, 2024 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 |  |  |  |
Owner-occupied, nonfarm nonresidential properties | $ | — |  |  | $ | 308 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  |
Commercial and Industrial | — |  |  | — |  |  | — |  |  | 301 |  |  | — |  |  |  |  |
Total | $ | — |  |  | $ | 308 |  |  | $ | — |  |  | $ | 301 |  |  | $ | — |  |  |  |  |
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.
| March 31, 2025
|  |  | Non-Pass Rated |  |  |  |
| Pass |  | Special Mention |  | Substandard |  | Doubtful |  | Total Non-Pass |  | Total
Farmland | $ | 23,648 |  |  | $ | — |  |  | $ | 5,750 |  |  | $ | — |  |  | $ | 5,750 |  |  | $ | 29,398 |
Owner-occupied, nonfarm nonresidential properties | 497,876 |  |  | 1,286 |  |  | 21,336 |  |  | — |  |  | 22,622 |  |  | 520,498 |
Agricultural production and other loans to farmers | 6,405 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6,405 |
Commercial and Industrial | 643,154 |  |  | 6,522 |  |  | 59,014 |  |  | — |  |  | 65,536 |  |  | 708,690 |
Obligations (other than securities and leases) of states and political subdivisions | 137,149 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 137,149 |
Other loans | 27,457 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 27,457 |
Other construction loans and all land development and other land loans | 275,025 |  |  | 10,115 |  |  | 1,424 |  |  | — |  |  | 11,539 |  |  | 286,564 |
Multifamily (5 or more) residential properties | 399,481 |  |  | — |  |  | 26,521 |  |  | — |  |  | 26,521 |  |  | 426,002 |
Non-owner occupied, nonfarm nonresidential properties | 1,016,911 |  |  | 2,970 |  |  | 21,569 |  |  | — |  |  | 24,539 |  |  | 1,041,450 |
Total | $ | 3,027,106 |  |  | $ | 20,893 |  |  | $ | 135,614 |  |  | $ | — |  |  | $ | 156,507 |  |  | $ | 3,183,613 |
| 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 | $ | 3,022,059 |  |  | $ | 15,824 |  |  | $ | 129,830 |  |  | $ | — |  |  | $ | 145,654 |  |  | $ | 3,167,713 |
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 March 31, 2025. Current period originations may include modifications.
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2025 |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
Farmland |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 1,524 |  |  | $ | 129 |  |  | $ | 1,608 |  |  | $ | 6,632 |  |  | $ | 6,379 |  |  | $ | 6,959 |  |  | $ | 417 |  |  | $ | — |  |  | $ | 23,648 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | 166 |  |  | — |  |  | 5,099 |  |  | — |  |  | 485 |  |  | — |  |  | — |  |  | 5,750 |
Total | $ | 1,524 |  |  | $ | 295 |  |  | $ | 1,608 |  |  | $ | 11,731 |  |  | $ | 6,379 |  |  | $ | 7,444 |  |  | $ | 417 |  |  | $ | — |  |  | $ | 29,398 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Owner-occupied, nonfarm nonresidential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 13,222 |  |  | $ | 80,346 |  |  | $ | 59,880 |  |  | $ | 113,144 |  |  | $ | 93,276 |  |  | $ | 126,541 |  |  | $ | 11,467 |  |  | $ | — |  |  | $ | 497,876 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | 250 |  |  | 455 |  |  | 581 |  |  | — |  |  | 1,286 |
Substandard | — |  |  | 13,851 |  |  | 1,110 |  |  | 4,079 |  |  | 696 |  |  | 1,370 |  |  | 230 |  |  | — |  |  | 21,336 |
Total | $ | 13,222 |  |  | $ | 94,197 |  |  | $ | 60,990 |  |  | $ | 117,223 |  |  | $ | 94,222 |  |  | $ | 128,366 |  |  | $ | 12,278 |  |  | $ | — |  |  | $ | 520,498 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 23 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 23 |
Agricultural production and other loans to farmers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | — |  |  | $ | 5,026 |  |  | $ | 458 |  |  | $ | 18 |  |  | $ | 26 |  |  | $ | 181 |  |  | $ | 696 |  |  | $ | — |  |  | $ | 6,405 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | — |  |  | $ | 5,026 |  |  | $ | 458 |  |  | $ | 18 |  |  | $ | 26 |  |  | $ | 181 |  |  | $ | 696 |  |  | $ | — |  |  | $ | 6,405 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial and Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 32,132 |  |  | $ | 123,413 |  |  | $ | 40,663 |  |  | $ | 91,179 |  |  | $ | 55,580 |  |  | $ | 43,909 |  |  | $ | 256,278 |  |  | $ | — |  |  | $ | 643,154 |
Special mention | — |  |  | 4 |  |  | 52 |  |  | 2,239 |  |  | 1,788 |  |  | 88 |  |  | 2,351 |  |  | — |  |  | 6,522 |
Substandard | 711 |  |  | 266 |  |  | 5,147 |  |  | 10,991 |  |  | 1,160 |  |  | 1,909 |  |  | 38,830 |  |  | — |  |  | 59,014 |
Total | $ | 32,843 |  |  | $ | 123,683 |  |  | $ | 45,862 |  |  | $ | 104,409 |  |  | $ | 58,528 |  |  | $ | 45,906 |  |  | $ | 297,459 |  |  | $ | — |  |  | $ | 708,690 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | 32 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 587 |  |  | $ | 31 |  |  | $ | 650 |
Obligations (other than securities and leases) of states and political subdivisions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 1,522 |  |  | $ | 6,276 |  |  | $ | 24,683 |  |  | $ | 15,471 |  |  | $ | 30,095 |  |  | $ | 54,998 |  |  | $ | 4,104 |  |  | $ | — |  |  | $ | 137,149 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 1,522 |  |  | $ | 6,276 |  |  | $ | 24,683 |  |  | $ | 15,471 |  |  | $ | 30,095 |  |  | $ | 54,998 |  |  | $ | 4,104 |  |  | $ | — |  |  | $ | 137,149 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 55 |  |  | $ | 1,945 |  |  | $ | 3,377 |  |  | $ | 12,239 |  |  | $ | 4,553 |  |  | $ | 1,519 |  |  | $ | 3,769 |  |  | $ | — |  |  | $ | 27,457 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 55 |  |  | $ | 1,945 |  |  | $ | 3,377 |  |  | $ | 12,239 |  |  | $ | 4,553 |  |  | $ | 1,519 |  |  | $ | 3,769 |  |  | $ | — |  |  | $ | 27,457 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2025 |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 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 | $ | 32,865 |  |  | $ | 101,739 |  |  | $ | 42,997 |  |  | $ | 87,236 |  |  | $ | 2,978 |  |  | $ | 2,384 |  |  | $ | 4,826 |  |  | $ | — |  |  | $ | 275,025 |
Special mention | 10,115 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,115 |
Substandard | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,424 |  |  | — |  |  | — |  |  | 1,424 |
Total | $ | 42,980 |  |  | $ | 101,739 |  |  | $ | 42,997 |  |  | $ | 87,236 |  |  | $ | 2,978 |  |  | $ | 3,808 |  |  | $ | 4,826 |  |  | $ | — |  |  | $ | 286,564 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Multifamily (5 or more) residential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 16,666 |  |  | $ | 48,811 |  |  | $ | 56,547 |  |  | $ | 172,908 |  |  | $ | 60,854 |  |  | $ | 41,292 |  |  | $ | 2,403 |  |  | $ | — |  |  | $ | 399,481 |
Special mention | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard | 4,449 |  |  | 190 |  |  | 1,565 |  |  | 20,317 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 26,521 |
Total | $ | 21,115 |  |  | $ | 49,001 |  |  | $ | 58,112 |  |  | $ | 193,225 |  |  | $ | 60,854 |  |  | $ | 41,292 |  |  | $ | 2,403 |  |  | $ | — |  |  | $ | 426,002 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Non-owner occupied, nonfarm nonresidential properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 28,032 |  |  | $ | 136,325 |  |  | $ | 192,741 |  |  | $ | 326,373 |  |  | $ | 178,780 |  |  | $ | 147,023 |  |  | $ | 7,637 |  |  | $ | — |  |  | $ | 1,016,911 |
Special mention | — |  |  | — |  |  | — |  |  | 211 |  |  | 2,001 |  |  | 339 |  |  | 419 |  |  | — |  |  | 2,970 |
Substandard | — |  |  | 13,354 |  |  | 757 |  |  | 464 |  |  | — |  |  | 6,994 |  |  | — |  |  | — |  |  | 21,569 |
Total | $ | 28,032 |  |  | $ | 149,679 |  |  | $ | 193,498 |  |  | $ | 327,048 |  |  | $ | 180,781 |  |  | $ | 154,356 |  |  | $ | 8,056 |  |  | $ | — |  |  | $ | 1,041,450 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
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 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.
| March 31, 2025 |  | December 31, 2024
| Performing |  | Nonperforming |  | Total |  | Performing |  | Nonperforming |  | Total
1-4 Family Construction | $ | 16,470 |  |  | $ | — |  |  | $ | 16,470 |  |  | $ | 26,431 |  |  | $ | — |  |  | $ | 26,431 |
Home equity lines of credit | 178,361 |  |  | 768 |  |  | 179,129 |  |  | 165,490 |  |  | 837 |  |  | 166,327 |
Residential Mortgages secured by first liens | 994,335 |  |  | 8,634 |  |  | 1,002,969 |  |  | 1,003,653 |  |  | 9,093 |  |  | 1,012,746 |
Residential Mortgages secured by junior liens | 106,688 |  |  | 298 |  |  | 106,986 |  |  | 106,191 |  |  | 271 |  |  | 106,462 |
Other revolving credit plans | 35,184 |  |  | 176 |  |  | 35,360 |  |  | 40,941 |  |  | 154 |  |  | 41,095 |
Automobile | 19,679 |  |  | 60 |  |  | 19,739 |  |  | 20,895 |  |  | 66 |  |  | 20,961 |
Other consumer | 50,911 |  |  | 663 |  |  | 51,574 |  |  | 53,072 |  |  | 749 |  |  | 53,821 |
Total | $ | 1,401,628 |  |  | $ | 10,599 |  |  | $ | 1,412,227 |  |  | $ | 1,416,673 |  |  | $ | 11,170 |  |  | $ | 1,427,843 |
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 March 31, 2025. Current period originations may include modifications.
| Term Loans Amortized Cost Basis by Origination Year |  |  |  |  |  |
| 2025 |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | Prior |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term |  | Total
1-4 Family Construction |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 507 |  |  | $ | 13,314 |  |  | $ | 1,753 |  |  | $ | 850 |  |  | $ | — |  |  | $ | 46 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,470 |
Nonperforming | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 507 |  |  | $ | 13,314 |  |  | $ | 1,753 |  |  | $ | 850 |  |  | $ | — |  |  | $ | 46 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,470 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Home equity lines of credit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 8,236 |  |  | $ | 47,165 |  |  | $ | 26,892 |  |  | $ | 30,093 |  |  | $ | 9,496 |  |  | $ | 38,210 |  |  | $ | 11,785 |  |  | $ | 6,484 |  |  | $ | 178,361 |
Nonperforming | — |  |  | — |  |  | 49 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 719 |  |  | 768 |
Total | $ | 8,236 |  |  | $ | 47,165 |  |  | $ | 26,941 |  |  | $ | 30,093 |  |  | $ | 9,496 |  |  | $ | 38,210 |  |  | $ | 11,785 |  |  | $ | 7,203 |  |  | $ | 179,129 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Residential mortgages secured by first lien |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 17,647 |  |  | $ | 104,559 |  |  | $ | 133,981 |  |  | $ | 219,273 |  |  | $ | 172,661 |  |  | $ | 343,930 |  |  | $ | 2,284 |  |  | $ | — |  |  | $ | 994,335 |
Nonperforming | 42 |  |  | 350 |  |  | 2,447 |  |  | 1,711 |  |  | 1,173 |  |  | 2,911 |  |  | — |  |  | — |  |  | 8,634 |
Total | $ | 17,689 |  |  | $ | 104,909 |  |  | $ | 136,428 |  |  | $ | 220,984 |  |  | $ | 173,834 |  |  | $ | 346,841 |  |  | $ | 2,284 |  |  | $ | — |  |  | $ | 1,002,969 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 32 |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 34 |
Residential mortgages secured by junior liens |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 4,494 |  |  | $ | 31,546 |  |  | $ | 21,569 |  |  | $ | 22,225 |  |  | $ | 11,393 |  |  | $ | 14,316 |  |  | $ | 1,145 |  |  | $ | — |  |  | $ | 106,688 |
Nonperforming | — |  |  | 18 |  |  | 72 |  |  | 34 |  |  | 121 |  |  | 15 |  |  | 38 |  |  | — |  |  | 298 |
Total | $ | 4,494 |  |  | $ | 31,564 |  |  | $ | 21,641 |  |  | $ | 22,259 |  |  | $ | 11,514 |  |  | $ | 14,331 |  |  | $ | 1,183 |  |  | $ | — |  |  | $ | 106,986 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other revolving credit plans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 950 |  |  | $ | 8,599 |  |  | $ | 6,025 |  |  | $ | 6,268 |  |  | $ | 2,060 |  |  | $ | 11,282 |  |  | $ | — |  |  | $ | — |  |  | $ | 35,184 |
Nonperforming | — |  |  | — |  |  | 4 |  |  | 25 |  |  | 6 |  |  | 141 |  |  | — |  |  | — |  |  | 176 |
Total | $ | 950 |  |  | $ | 8,599 |  |  | $ | 6,029 |  |  | $ | 6,293 |  |  | $ | 2,066 |  |  | $ | 11,423 |  |  | $ | — |  |  | $ | — |  |  | $ | 35,360 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |
Automobile |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 1,255 |  |  | $ | 5,323 |  |  | $ | 7,593 |  |  | $ | 3,378 |  |  | $ | 922 |  |  | $ | 1,208 |  |  | $ | — |  |  | $ | — |  |  | $ | 19,679 |
Nonperforming | — |  |  | — |  |  | 14 |  |  | 43 |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | 60 |
Total | $ | 1,255 |  |  | $ | 5,323 |  |  | $ | 7,607 |  |  | $ | 3,421 |  |  | $ | 922 |  |  | $ | 1,211 |  |  | $ | — |  |  | $ | — |  |  | $ | 19,739 |
Current period gross write offs | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing | $ | 4,918 |  |  | $ | 24,267 |  |  | $ | 11,179 |  |  | $ | 4,491 |  |  | $ | 1,964 |  |  | $ | 4,092 |  |  | $ | — |  |  | $ | — |  |  | $ | 50,911 |
Nonperforming | — |  |  | 297 |  |  | 251 |  |  | 58 |  |  | 55 |  |  | 2 |  |  | — |  |  | — |  |  | 663 |
Total | $ | 4,918 |  |  | $ | 24,564 |  |  | $ | 11,430 |  |  | $ | 4,549 |  |  | $ | 2,019 |  |  | $ | 4,094 |  |  | $ | — |  |  | $ | — |  |  | $ | 51,574 |
Current period gross write offs | $ | — |  |  | $ | 216 |  |  | $ | 268 |  |  | $ | 47 |  |  | $ | 28 |  |  | $ | 8 |  |  | $ | — |  |  | $ | — |  |  | $ | 567 |
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.
| 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 |
| March 31, 2025 |  | December 31, 2024
Credit card |  |  |
Payment performance |  |  |
Performing | $ | 13,806 |  |  | $ | 12,981 |
Nonperforming | 172 |  |  | 162 |
Total | $ | 13,978 |  |  | $ | 13,143 |
Current period gross write offs | $ | 122 |  |  | $ | 143 |
Holiday’s loan portfolio, included in other consumer loans above, is summarized as follows at March 31, 2025 and December 31, 2024:
| March 31, 2025 |  | December 31, 2024
Gross other consumer | $ | 22,778 |  |  | $ | 27,261 |
Less: other consumer unearned discounts | (3,659) |  |  | (4,772) |
Total other consumer loans, net of unearned discounts | $ | 19,119 |  |  | $ | 22,489 |

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