XML 42 R34.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Loan Restructurings (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Amortized Cost Basis for Loans Restructured |
Three Months Ended June 30, 2024 |  | Amortized Cost |  |  |  |
(In Thousands of Dollars) |  | Payment Deferral |  |  | Principal Forgiveness |  |  | Interest Rate Reduction |  |  | Combination Term Extension and Interest Rate Reduction |  |  | Total |  |  | % of Total Class of Financing Receivable |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines of credit |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 20 |  |  | $ | 20 |  |  |  | 0.01 | %
Total modifications to borrowers experiencing financial difficulty |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 20 |  |  | $ | 20 |  |  |  | 0.00 | %
Six Months Ended June 30, 2024 |  | Amortized Cost |  |  |  |
(In Thousands of Dollars) |  | Payment Deferral |  |  | Principal Forgiveness |  |  | Interest Rate Reduction |  |  | Combination Term Extension and Interest Rate Reduction |  |  | Total |  |  | % of Total Class of Financing Receivable |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines of credit |  | $ | 0 |  |  | $ | 0 |  |  | $ | 29 |  |  | $ | 20 |  |  | $ | 49 |  |  |  | 0.03 | %
Total modifications to borrowers experiencing financial difficulty |  | $ | 0 |  |  | $ | 0 |  |  | $ | 29 |  |  | $ | 20 |  |  | $ | 49 |  |  |  | 0.00 | %
Three Months Ended June 30, 2023 |  | Amortized Cost |  |  |  |
(In Thousands of Dollars) |  | Payment Deferral |  |  | Principal Forgiveness |  |  | Interest Rate Reduction |  |  | Combination Term Extension and Interest Rate Reduction |  |  | Total |  |  | % of Total Class of Financing Receivable |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  |  | 0.00 | %
Total modifications to borrowers experiencing financial difficulty |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  |  | 0.00 | %
Six Months Ended June 30, 2023 |  | Amortized Cost |  |  |  |
(In Thousands of Dollars) |  | Payment Deferral |  |  | Principal Forgiveness |  |  | Interest Rate Reduction |  |  | Combination Term Extension and Interest Rate Reduction |  |  | Total |  |  | % of Total Class of Financing Receivable |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  | $ | 50 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 50 |  |  |  | 0.01 | %
Total modifications to borrowers experiencing financial difficulty |  | $ | 50 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 50 |  |  |  | 0.00 | %
The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty during the three and six months ended June 30, 2024 and June 30, 2023:
|  | Payment Deferral |  | Term Extension |  |  | Interest Rate Reduction |
|  | Weighted-Average Years Added to the Life |  | Weighted-Average Years Added to the Life |  |  | Weighted-Average Contractual Interest Rate |
Three Months Ended June 30, 2024 |  |  |  |  |  |  | From |  |  | To |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines of credit |  |  |  |  |  |  |  |  | 10.00 |  |  |  | 10.75 | % |  |  | 7.25 | %
|  | Payment Deferral |  | Term Extension |  |  | Interest Rate Reduction |
|  | Weighted-Average Years Added to the Life |  | Weighted-Average Years Added to the Life |  |  | Weighted-Average Contractual Interest Rate |
Six Months Ended June 30, 2024 |  |  |  |  |  |  | From |  |  | To |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines of credit |  |  |  |  |  |  |  |  | 10.00 |  |  |  | 10.45 | % |  |  | 5.92 | %
|  | Payment Deferral |  |  | Principal Forgiveness |  | Interest Rate Reduction
|  | Weighted-Average Years Added to the Life |  |  | Reduction of Amortized Cost Basis of the Loans |  | Weighted-Average Contractual Interest Rate
Three Months Ended June 30, 2023 |  |  |  |  |  |  | From |  | To
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  |  |  |  | 0.00 |  |  |  |  |  |  |  |  |
|  | Payment Deferral |  |  | Principal Forgiveness |  | Interest Rate Reduction
|  | Weighted-Average Years Added to the Life |  |  | Reduction of Amortized Cost Basis of the Loans |  | Weighted-Average Contractual Interest Rate
Six Months Ended June 30, 2023 |  |  |  |  |  |  | From |  | To
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial |  |  |  |  | 0.50 |  |  |  |  |  |  |  |  |
June 30, 2024 |  | Amortized Cost |
(In Thousands of Dollars) |  | Payment Deferral |  |  | Principal Forgiveness |  |  | Interest Rate Reduction |  |  | Term Extension |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |
1-4 family residential |  | $ | 0 |  |  | $ | 0 |  |  | $ | 30 |  |  | $ | 41 |
Home equity lines of credit |  |  | 0 |  |  |  | 0 |  |  |  | 29 |  |  |  | 0 |
Total modifications to borrowers experiencing financial difficulty |  | $ | 0 |  |  | $ | 0 |  |  | $ | 59 |  |  | $ | 41 |
Schedule of Performance of Loans that Modified | The following table presents the performance of such loans that have been modified in the three and six months ended June 30, 2024 and June 30, 2023:
Three Months Ended June 30, 2024 |  | Payment status (Amortized cost Basis) |
(In Thousands of Dollars) |  | Current |  |  | 30-89 Days past due |  |  | 90+ Days past due |
Accrual restructured loans |  |  |  |  |  |  |  |  |
Residential real estate |  |  |  |  |  |  |  |  |
Home equity lines of credit |  | $ | 20 |  |  | $ | 0 |  |  | $ | 0 |
Total accruing restructured loans |  | $ | 20 |  |  | $ | 0 |  |  | $ | 0 |
Nonaccrual restructured loans |  |  |  |  |  |  |  |  |
Total nonaccrual restructured loans |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Total restructured loans |  | $ | 20 |  |  | $ | 0 |  |  | $ | 0 |
Six Months Ended June 30, 2024 |  | Payment status (Amortized cost Basis) |
(In Thousands of Dollars) |  | Current |  |  | 30-89 Days past due |  |  | 90+ Days past due |
Accrual restructured loans |  |  |  |  |  |  |  |  |
Residential real estate |  |  |  |  |  |  |  |  |
Home equity lines of credit |  | $ | 20 |  |  | $ | 0 |  |  | $ | 0 |
Total accruing restructured loans |  | $ | 20 |  |  | $ | 0 |  |  | $ | 0 |
Nonaccrual restructured loans |  |  |  |  |  |  |  |  |
Residential real estate |  |  |  |  |  |  |  |  |
Home equity lines of credit |  |  | 0 |  |  |  | 29 |  |  |  | 0 |
Total nonaccrual restructured loans |  | $ | 0 |  |  | $ | 29 |  |  | $ | 0 |
Total restructured loans |  | $ | 20 |  |  | $ | 29 |  |  | $ | 0 |
Three Months Ended June 30, 2023 |  | Payment status (Amortized cost Basis) |
(In Thousands of Dollars) |  | Current |  |  | 30-89 Days past due |  |  | 90+ Days past due |
Total accruing restructured loans |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Nonaccrual restructured loans |  |  |  |  |  |  |  |  |
Total nonaccrual restructured loans |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Total restructured loans |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Six Months Ended June 30, 2023 |  | Payment status (Amortized cost Basis) |
(In Thousands of Dollars) |  | Current |  |  | 30-89 Days past due |  |  | 90+ Days past due |
Commercial |  |  |  |  |  |  |  |  |
Commercial and industrial |  | $ | 50 |  |  | $ | 0 |  |  | $ | 0 |
Total accruing restructured loans |  | $ | 50 |  |  | $ | 0 |  |  | $ | 0 |
Nonaccrual restructured loans |  |  |  |  |  |  |  |  |
Total nonaccrual restructured loans |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Total restructured loans |  | $ | 50 |  |  | $ | 0 |  |  | $ | 0 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_FinancingReceivableModifiedPastDueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-34 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 33 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-33 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration