XML 35 R28.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Significant Accounting Policies (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Accounting Policies [Abstract] |
Schedule of Impact of CECL Adoption | The “Day 1” impact of CECL adoption is summarized below:
CECL Adoption |
|  |  |  |  |  |  |  | Impact of |  |  |  |
|  |  |  |  | CECL Adoption |  |  | Adopting ASC 326 - |  |  |  |
|  | December 31, 2022 |  |  | Impact |  |  | PCD Loans |  |  | January 1, 2023 |
Allowance for Credit Losses: |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Agriculture |  | $ | 3,011 |  |  | $ | 429 |  |  | $ | 390 |  |  | $ | 3,830 |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | 4,565 |  |  |  | 1,075 |  |  |  | 179 |  |  |  | 5,819 |
Non-Owner Occupied |  |  | 14,138 |  |  |  | (2,847 | ) |  |  | — |  |  |  | 11,291 |
Residential Real Estate |  |  | 3,145 |  |  |  | 2,762 |  |  |  | 386 |  |  |  | 6,293 |
Real Estate Construction |  |  | 2,293 |  |  |  | 1,502 |  |  |  | — |  |  |  | 3,795 |
Farm Real Estate |  |  | 291 |  |  |  | (28 | ) |  |  | — |  |  |  | 263 |
Lease Financing Receivable |  |  | 429 |  |  |  | 1,743 |  |  |  | 635 |  |  |  | 2,807 |
Consumer and Other |  |  | 98 |  |  |  | 201 |  |  |  | 78 |  |  |  | 377 |
Unallocated |  |  | 541 |  |  |  | (541 | ) |  |  | — |  |  |  | — |
Total Allowance for Credit Losses |  | $ | 28,511 |  |  | $ | 4,296 |  |  | $ | 1,668 |  |  | $ | 34,475 |
Reserve for Unfunded Commitments |  |  | — |  |  |  | 3,386 |  |  |  | — |  |  |  | 3,386 |
Total Reserve for Credit Losses |  | $ | 28,511 |  |  | $ | 7,682 |  |  | $ | 1,668 |  |  | $ | 37,861 |
Retained Earnings |  |  |  |  |  |  |  |  |  |  |  |
Total Pre-tax Impact |  |  |  |  | $ | (7,682 | ) |  |  |  |  |  |
Tax Effect |  |  |  |  |  | 1,613 |  |  |  |  |  |  |
Decrease to Retained Earnings |  |  |  |  | $ | (6,069 | ) |  |  |  |  |  |

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

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482989/270-10-45-12 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482989/270-10-45-13 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration