Credit Quality Indicators (Tables)

3 Months Ended

Mar. 31, 2021

Risk Category of Loans by Class of Loans

As of March 31, 2021 and December 31, 2020, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:

(In Thousands of Dollars)	Pass		Special Mention		Sub standard		Total
March 31, 2021
Originated loans:
Commercial real estate
Owner occupied	$	203,634	$	5,077	$	1,347	$	210,058
Non-owner occupied		294,564		11,177		7,201		312,942
Farmland		153,501		2,462		358		156,321
Other		73,234		0		156		73,390
Commercial
Commercial and industrial		376,736		2,323		8,379		387,438
Agricultural		41,675		313		222		42,210
Total originated loans	$	1,143,344	$	21,352	$	17,663	$	1,182,359
Acquired loans:
Commercial real estate
Owner occupied	$	43,007	$	81	$	864	$	43,952
Non-owner occupied		41,672		3,576		3,277		48,525
Farmland		23,505		100		1,041		24,646
Other		12,578		0		0		12,578
Commercial
Commercial and industrial		13,804		0		1,219		15,023
Agricultural		3,732		19		47		3,798
Total acquired loans	$	138,298	$	3,776	$	6,448	$	148,522
Total loans	$	1,281,642	$	25,128	$	24,111	$	1,330,881

(In Thousands of Dollars)	Pass		Special Mention		Sub standard		Total
December 31, 2020
Originated loans:
Commercial real estate
Owner occupied	$	208,289	$	5,121	$	1,385	$	214,795
Non-owner occupied		290,773		11,240		7,203		309,216
Farmland		153,225		2,464		364		156,053
Other		77,432		387		167		77,986
Commercial
Commercial and industrial		372,083		1,522		8,740		382,345
Agricultural		44,527		320		213		45,060
Total originated loans	$	1,146,329	$	21,054	$	18,072	$	1,185,455
Acquired loans:
Commercial real estate
Owner occupied	$	44,031	$	87	$	981	$	45,099
Non-owner occupied		50,053		49		2,752		52,854
Farmland		24,637		100		1,342		26,079
Other		12,868		0		0		12,868
Commercial
Commercial and industrial		16,246		0		2,412		18,658
Agricultural		4,481		303		65		4,849
Total acquired loans	$	152,316	$	539	$	7,552	$	160,407
Total loans	$	1,298,645	$	21,593	$	25,624	$	1,345,862

Investment in Residential, Consumer and Indirect Auto Loans Based on Payment Activity

The following tables present the recorded investment in residential, consumer indirect and direct auto loans based on payment activity as of March 31, 2021 and December 31, 2020. Nonperforming loans are loans past due 90 days or more and still accruing interest and nonaccrual loans.

	Residential Real Estate				Consumer
(In Thousands of Dollars)	1-4 Family Residential		Home Equity Lines of Credit		Indirect		Direct		Other
March 31, 2021
Originated loans:
Performing	$	317,374	$	90,447	$	162,873	$	21,196	$	9,256
Nonperforming		916		590		554		232		3
Total originated loans	$	318,290	$	91,037	$	163,427	$	21,428	$	9,259
Acquired loans:
Performing	$	76,828	$	16,295	$	0	$	4,619	$	118
Nonperforming		4,999		179		0		44		0
Total acquired loans		81,827		16,474		0		4,663		118
Total loans	$	400,117	$	107,511	$	163,427	$	26,091	$	9,377

	Residential Real Estate				Consumer
(In Thousands of Dollars)	1-4 Family Residential		Home Equity Lines of Credit		Indirect		Direct		Other
December 31, 2020
Originated loans:
Performing	$	322,771	$	92,376	$	169,576	$	23,193	$	9,862
Nonperforming		1,089		603		712		268		6
Total originated loans	$	323,860	$	92,979	$	170,288	$	23,461	$	9,868
Acquired loans:
Performing	$	83,520	$	17,198	$	0	$	5,064	$	97
Nonperforming		5,597		186		0		64		0
Total acquired loans		89,117		17,384		0		5,128		97
Total loans	$	412,977	$	110,363	$	170,288	$	28,589	$	9,965

Risk Categories and Year of Origination

The following table presents total loans by risk categories and year of origination.

	Term Loans Amortized Cost Basis by Origination Year

As of March 31, 2021	2021		2020		2019		2018		2017		Prior		Revolving Loans		Total
Commercial real estate
Risk Rating
Pass	$	18,911	$	113,455	$	135,474	$	117,019	$	73,247	$	195,638	$	14,944	$	668,688
Special mention		0		0		9,166		1,594		2,736		6,416		0		19,912
Substandard		0		356		2,281		511		93		9,483		121		12,845
Total commercial real estate loans	$	18,911	$	113,811	$	146,921	$	119,124	$	76,076	$	211,537	$	15,065	$	701,445

Commercial
Risk Rating
Pass	$	86,561	$	142,031	$	34,218	$	36,782	$	15,206	$	24,738	$	51,004	$	390,540
Special mention		260		317				866		1		49		830		2,323
Substandard		144		2,380		374		299		911		1,102		4,388		9,598
Total commercial loans	$	86,965	$	144,728	$	34,592	$	37,947	$	16,118	$	25,889	$	56,222	$	402,461

Agricultural
Risk Rating
Pass	$	8,999	$	53,165	$	35,876	$	39,025	$	24,108	$	46,520	$	14,721	$	222,414
Special mention		0		247		36		0		2,105		387		118		2,893
Substandard		360		78		227		0		0		1,003		0		1,668
Total agricultural loans	$	9,359	$	53,490	$	36,139	$	39,025	$	26,213	$	47,910	$	14,839	$	226,975

Residential real estate
Risk Rating
Pass	$	13,348	$	84,993	$	46,301	$	35,298	$	51,990	$	152,073	$	2,887	$	386,890
Special mention		0		0		0		0		0		738		0		738
Substandard		0		0		43		86		1,053		11,307		0		12,489
Total residential real estate loans	$	13,348	$	84,993	$	46,344	$	35,384	$	53,043	$	164,118	$	2,887	$	400,117

Home equity lines of credit
Risk Rating
Pass	$	0	$	0	$	0	$	0	$	103	$	1,529	$	104,043	$	105,675
Special mention		0		0		0		0		0		0		48		48
Substandard		0		0		0		76		82		1,453		177		1,788
Total home equity lines of credit	$	0	$	0	$	0	$	76	$	185	$	2,982	$	104,268	$	107,511

Consumer
Risk Rating
Pass	$	11,584	$	59,645	$	49,183	$	31,910	$	16,010	$	22,837	$	5,823	$	196,992
Special mention		0		0		0		0		0		0		0		0
Substandard		0		230		296		356		268		753		0		1,903
Total consumer loans	$	11,584	$	59,875	$	49,479	$	32,266	$	16,278	$	23,590	$	5,823	$	198,895