XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Loans (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Loans

Loan balances as of  June 30, 2021 and December 31, 2020 are summarized below:

 

 

 

(In Thousands)

 

Loans:

 

June 30, 2021

 

 

December 31, 2020

 

Consumer Real Estate

 

$

194,715

 

 

$

175,588

 

Agricultural Real Estate

 

 

189,742

 

 

 

189,159

 

Agricultural

 

 

100,756

 

 

 

94,358

 

Commercial Real Estate

 

 

691,122

 

 

 

588,825

 

Commercial and Industrial

 

 

216,609

 

 

 

189,246

 

Consumer

 

 

56,427

 

 

 

52,540

 

Other

 

 

13,549

 

 

 

15,757

 

 

 

 

1,462,920

 

 

 

1,305,473

 

Less: Net deferred loan fees and costs

 

 

(4,497

)

 

 

(2,483

)

 

 

 

1,458,423

 

 

 

1,302,990

 

Less: Allowance for loan losses

 

 

(15,087

)

 

 

(13,672

)

Loans - Net

 

$

1,443,336

 

 

$

1,289,318

 
Distribution of Fixed Rate Loans and Variable Rate Loans by Major Loan Category

The distribution of fixed rate loans and variable rate loans by major loan category is as follows as of June 30, 2021:

 

 

 

(In Thousands)

 

 

 

Fixed

 

 

Variable

 

 

 

Rate

 

 

Rate

 

Consumer Real Estate

 

$

136,798

 

 

$

57,917

 

Agricultural Real Estate

 

 

112,034

 

 

 

77,708

 

Agricultural

 

 

86,550

 

 

 

14,206

 

Commercial Real Estate

 

 

553,391

 

 

 

137,731

 

Commercial and Industrial

 

 

183,955

 

 

 

32,654

 

Consumer

 

 

52,421

 

 

 

4,006

 

Other

 

 

13,547

 

 

 

2

 
Contractual Aging of Recorded Investment in Past Due Loans by Portfolio Classification of Loans

The following table represents the contractual aging of the recorded investment (in thousands) in past due loans by portfolio classification of loans as of June 30, 2021 and December 31, 2020, net of deferred loan fees and costs:

 

June 30, 2021

 

30-59 Days Past Due

 

 

60-89 Days Past Due

 

 

Greater Than 90 Days

 

 

Total Past Due

 

 

Current

 

 

Total Financing Receivables

 

 

Recorded Investment > 90 Days and Accruing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

85

 

 

$

25

 

 

$

249

 

 

$

359

 

 

$

194,215

 

 

$

194,574

 

 

$

-

 

Agricultural Real Estate

 

 

201

 

 

 

-

 

 

 

-

 

 

 

201

 

 

 

189,225

 

 

 

189,426

 

 

 

-

 

Agricultural

 

 

-

 

 

 

-

 

 

 

117

 

 

 

117

 

 

 

100,788

 

 

 

100,905

 

 

 

-

 

Commercial Real Estate

 

 

-

 

 

 

-

 

 

 

181

 

 

 

181

 

 

 

689,547

 

 

 

689,728

 

 

 

-

 

Commercial and Industrial

 

 

-

 

 

 

-

 

 

 

814

 

 

 

814

 

 

 

226,442

 

 

 

227,256

 

 

 

-

 

Consumer

 

 

32

 

 

 

8

 

 

 

-

 

 

 

40

 

 

 

56,494

 

 

 

56,534

 

 

 

-

 

Total

 

$

318

 

 

$

33

 

 

$

1,361

 

 

$

1,712

 

 

$

1,456,711

 

 

$

1,458,423

 

 

$

-

 

 

 

December 31, 2020

 

30-59 Days Past Due

 

 

60-89 Days Past Due

 

 

Greater Than 90 Days

 

 

Total Past Due

 

 

Current

 

 

Total Financing Receivables

 

 

Recorded Investment >

90 Days and

Accruing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

269

 

 

$

191

 

 

$

1,032

 

 

$

1,492

 

 

$

173,824

 

 

$

175,316

 

 

$

-

 

Agricultural Real Estate

 

 

-

 

 

 

-

 

 

 

88

 

 

 

88

 

 

 

188,738

 

 

 

188,826

 

 

 

-

 

Agricultural

 

 

-

 

 

 

-

 

 

 

176

 

 

 

176

 

 

 

94,314

 

 

 

94,490

 

 

 

-

 

Commercial Real Estate

 

 

-

 

 

 

-

 

 

 

185

 

 

 

185

 

 

 

587,469

 

 

 

587,654

 

 

 

-

 

Commercial and Industrial

 

 

-

 

 

 

750

 

 

 

983

 

 

 

1,733

 

 

 

202,310

 

 

 

204,043

 

 

 

-

 

Consumer

 

 

53

 

 

 

-

 

 

 

-

 

 

 

53

 

 

 

52,608

 

 

 

52,661

 

 

 

-

 

Total

 

$

322

 

 

$

941

 

 

$

2,464

 

 

$

3,727

 

 

$

1,299,263

 

 

$

1,302,990

 

 

$

-

 
Recorded Investment in Nonaccrual Loans by Portfolio Class of Loans

The following table presents the recorded investment in nonaccrual loans by class of loans as of June 30, 2021 and December 31, 2020:

 

 

 

(In Thousands)

 

 

 

June 30,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

445

 

 

$

1,546

 

Agricultural Real Estate

 

 

5,010

 

 

 

5,575

 

Agricultural

 

 

117

 

 

 

307

 

Commercial Real Estate

 

 

632

 

 

 

665

 

Commercial & Industrial

 

 

814

 

 

 

1,296

 

Consumer

 

 

13

 

 

 

15

 

Total

 

$

7,031

 

 

$

9,404

 
Risk Category of Loans by Portfolio Class

The following table represents the risk category of loans by portfolio class, net of deferred fees and costs, based on the most recent analysis performed as of June 30, 2021 and December 31, 2020:

 

 

 

(In Thousands)

 

 

 

Agricultural

 

 

 

 

 

 

Commercial

 

 

Commercial

 

 

 

 

 

 

 

Real Estate

 

 

Agricultural

 

 

Real Estate

 

 

and Industrial

 

 

Other

 

June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-2

 

$

11,266

 

 

$

3,678

 

 

$

11,506

 

 

$

50,321

 

 

$

-

 

3

 

 

42,763

 

 

 

22,980

 

 

 

202,360

 

 

 

36,000

 

 

 

2,963

 

4

 

 

115,726

 

 

 

73,458

 

 

 

440,615

 

 

 

120,761

 

 

 

10,586

 

5

 

 

5,411

 

 

 

500

 

 

 

2,193

 

 

 

2,507

 

 

 

-

 

6

 

 

14,260

 

 

 

289

 

 

 

33,054

 

 

 

4,072

 

 

 

-

 

7

 

 

-

 

 

 

-

 

 

 

-

 

 

 

46

 

 

 

-

 

8

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total

 

$

189,426

 

 

$

100,905

 

 

$

689,728

 

 

$

213,707

 

 

$

13,549

 

 

 

 

 

Agricultural

 

 

 

 

 

 

Commercial

 

 

Commercial

 

 

 

 

 

 

 

Real Estate

 

 

Agricultural

 

 

Real Estate

 

 

and Industrial

 

 

Other

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-2

 

$

11,960

 

 

$

5,093

 

 

$

11,001

 

 

$

38,486

 

 

$

-

 

3

 

 

38,306

 

 

 

23,779

 

 

 

165,201

 

 

 

26,515

 

 

 

4,651

 

4

 

 

112,465

 

 

 

63,480

 

 

 

396,076

 

 

 

114,108

 

 

 

11,106

 

5

 

 

7,478

 

 

 

1,577

 

 

 

4,010

 

 

 

3,266

 

 

 

-

 

6

 

 

18,617

 

 

 

561

 

 

 

11,366

 

 

 

4,796

 

 

 

-

 

7

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,115

 

 

 

-

 

8

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total

 

$

188,826

 

 

$

94,490

 

 

$

587,654

 

 

$

188,286

 

 

$

15,757

 
Recorded Investment for Consumer Loans, Credit Quality based on Status of Loan and Payment Activity The following tables present the recorded investment in those classes based on payment activity and assigned risk grading as of June 30, 2021 and December 31, 2020.

 

 

 

(In Thousands)

 

 

 

Consumer

 

 

Consumer

 

 

 

Real Estate

 

 

Real Estate

 

 

 

June 30,

2021

 

 

December 31,

2020

 

Grade

 

 

 

 

 

 

 

 

Pass

 

$

192,273

 

 

$

171,667

 

Special Mention (5)

 

 

1,236

 

 

 

1,284

 

Substandard (6)

 

 

1,065

 

 

 

2,365

 

Doubtful (7)

 

 

-

 

 

 

-

 

Total

 

$

194,574

 

 

$

175,316

 

 

 

 

 

(In Thousands)

 

 

 

Consumer - Credit

 

 

Consumer - Other

 

 

 

June 30,

2021

 

 

December 31,

2020

 

 

June 30,

2021

 

 

December 31,

2020

 

Performing

 

$

3,353

 

 

$

3,660

 

 

$

53,066

 

 

$

48,855

 

Nonperforming

 

 

7

 

 

 

10

 

 

 

108

 

 

 

136

 

Total

 

$

3,360

 

 

$

3,670

 

 

$

53,174

 

 

$

48,991

 
Schedule of Impaired Loans

Information about impaired loans as of June 30, 2021, December 31, 2020 and June 30, 2020 are as follows:

 

 

 

 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

June 30, 2021

 

 

December 31, 2020

 

 

June 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Impaired loans without a valuation allowance

 

$

3,063

 

 

$

5,172

 

 

$

2,695

 

Impaired loans with a valuation allowance

 

 

8,976

 

 

 

9,360

 

 

 

9,872

 

Total impaired loans

 

$

12,039

 

 

$

14,532

 

 

$

12,567

 

Valuation allowance related to impaired loans

 

$

1,156

 

 

$

1,657

 

 

$

1,170

 

Total non-accrual loans

 

$

7,031

 

 

$

9,404

 

 

$

8,473

 

Total loans past-due ninety days or more and

   still accruing

 

$

-

 

 

$

-

 

 

$

-

 

Quarter ended average investment in impaired

   loans

 

$

12,206

 

 

$

14,868

 

 

$

8,352

 

Year to date average investment in impaired

   loans

 

$

12,836

 

 

$

10,234

 

 

$

6,333

 
Impaired Loans Classified as Troubled Debt Restructured The following tables represent three and six months ended June 30, 2021 and 2020:

 

 

 

 

 

 

Pre-

 

 

Post-

 

 

 

 

 

 

 

Pre-

 

 

Post-

 

Three Months

Number of

 

 

Modification

 

 

Modification

 

 

Six Months

Number of

 

 

Modification

 

 

Modification

 

June 30, 2021

Contracts

 

 

Outstanding

 

 

Outstanding

 

 

June 30, 2021

Contracts

 

 

Outstanding

 

 

Outstanding

 

(in thousands)

Modified in the

 

 

Recorded

 

 

Recorded

 

 

(in thousands)

Modified in the

 

 

Recorded

 

 

Recorded

 

Troubled Debt Restructurings

Last Three Months

 

 

Investment

 

 

Investment

 

 

Troubled Debt Restructurings

Last Six Months

 

 

Investment

 

 

Investment

 

Ag Real Estate

 

-

 

 

$

-

 

 

$

-

 

 

Ag Real Estate

 

-

 

 

$

-

 

 

$

-

 

Agricultural

 

-

 

 

 

-

 

 

 

-

 

 

Agricultural

 

-

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

1

 

 

 

382

 

 

 

382

 

 

Commercial Real Estate

 

1

 

 

 

382

 

 

 

382

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-

 

 

Post-

 

 

 

 

 

 

 

Pre-

 

 

Post-

 

Three Months

Number of

 

 

Modification

 

 

Modification

 

 

Six Months

Number of

 

 

Modification

 

 

Modification

 

June 30, 2020

Contracts

 

 

Outstanding

 

 

Outstanding

 

 

June 30, 2020

Contracts

 

 

Outstanding

 

 

Outstanding

 

(in thousands)

Modified in the

 

 

Recorded

 

 

Recorded

 

 

(in thousands)

Modified in the

 

 

Recorded

 

 

Recorded

 

Troubled Debt Restructurings

Last Three Months

 

 

Investment

 

 

Investment

 

 

Troubled Debt Restructurings

Last Six Months

 

 

Investment

 

 

Investment

 

Ag Real Estate

 

2

 

 

$

5,380

 

 

$

5,380

 

 

Ag Real Estate

 

2

 

 

$

5,380

 

 

$

5,380

 

Agricultural

 

1

 

 

 

164

 

 

 

164

 

 

Agricultural

 

1

 

 

 

164

 

 

 

164

 

Commercial Real Estate

 

-

 

 

 

-

 

 

 

-

 

 

Commercial Real Estate

 

2

 

 

 

981

 

 

 

981

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Loans Individually Evaluated for Impairment by Portfolio Class of Loans

The following tables present loans individually evaluated for impairment by class of loans for the three and six months ended June 30, 2021 and June 30, 2020 and for the year ended December 31, 2020.

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QTD

 

 

QTD

 

 

Interest

 

Three Months Ended June 30, 2021

 

 

 

 

 

Unpaid

 

 

 

 

 

 

Average

 

 

Interest

 

 

Income

 

 

 

Recorded

 

 

Principal

 

 

Related

 

 

Recorded

 

 

Income

 

 

Recognized

 

 

 

Investment

 

 

Balance

 

 

Allowance

 

 

Investment

 

 

Recognized

 

 

Cash Basis

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

770

 

 

$

823

 

 

$

-

 

 

$

494

 

 

$

1

 

 

$

3

 

Agricultural Real Estate

 

 

728

 

 

 

728

 

 

 

-

 

 

 

994

 

 

 

22

 

 

 

-

 

Agricultural

 

 

131

 

 

 

231

 

 

 

-

 

 

 

184

 

 

 

4

 

 

 

-

 

Commercial Real Estate

 

 

181

 

 

 

181

 

 

 

-

 

 

 

480

 

 

 

4

 

 

 

3

 

Commercial and Industrial

 

 

1,236

 

 

 

1,367

 

 

 

-

 

 

 

1,298

 

 

 

6

 

 

 

2

 

Consumer

 

 

17

 

 

 

27

 

 

 

-

 

 

 

19

 

 

 

-

 

 

 

-

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

55

 

 

 

-

 

 

 

-

 

Agricultural Real Estate

 

 

5,794

 

 

 

5,794

 

 

 

914

 

 

 

5,556

 

 

 

-

 

 

 

-

 

Agricultural

 

 

117

 

 

 

117

 

 

 

117

 

 

 

39

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

3,065

 

 

 

3,065

 

 

 

125

 

 

 

3,087

 

 

 

27

 

 

 

3

 

Commercial and Industrial

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

770

 

 

$

823

 

 

$

-

 

 

$

549

 

 

$

1

 

 

$

3

 

Agricultural Real Estate

 

$

6,522

 

 

$

6,522

 

 

$

914

 

 

$

6,550

 

 

$

22

 

 

$

-

 

Agricultural

 

$

248

 

 

$

348

 

 

$

117

 

 

$

223

 

 

$

4

 

 

$

-

 

Commercial Real Estate

 

$

3,246

 

 

$

3,246

 

 

$

125

 

 

$

3,567

 

 

$

31

 

 

$

6

 

Commercial and Industrial

 

$

1,236

 

 

$

1,367

 

 

$

-

 

 

$

1,298

 

 

$

6

 

 

$

2

 

Consumer

 

$

17

 

 

$

27

 

 

$

-

 

 

$

19

 

 

$

-

 

 

$

-

 

 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

Year Ended December 31, 2020

 

 

 

 

 

Unpaid

 

 

 

 

 

 

Average

 

 

Interest

 

 

Income

 

 

 

Recorded

 

 

Principal

 

 

Related

 

 

Recorded

 

 

Income

 

 

Recognized

 

 

 

Investment

 

 

Balance

 

 

Allowance

 

 

Investment

 

 

Recognized

 

 

Cash Basis

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

799

 

 

$

799

 

 

$

-

 

 

$

738

 

 

$

22

 

 

$

10

 

Agricultural Real Estate

 

 

1,546

 

 

 

1,549

 

 

 

-

 

 

 

729

 

 

 

18

 

 

 

12

 

Agricultural

 

 

291

 

 

 

291

 

 

 

-

 

 

 

392

 

 

 

3

 

 

 

3

 

Commercial Real Estate

 

 

185

 

 

 

185

 

 

 

-

 

 

 

195

 

 

 

13

 

 

 

-

 

Commercial and Industrial

 

 

2,328

 

 

 

2,328

 

 

 

-

 

 

 

1,222

 

 

 

26

 

 

 

5

 

Consumer

 

 

23

 

 

 

23

 

 

 

-

 

 

 

16

 

 

 

-

 

 

 

-

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

202

 

 

 

202

 

 

 

31

 

 

 

126

 

 

 

-

 

 

 

3

 

Agricultural Real Estate

 

 

5,210

 

 

 

5,210

 

 

 

600

 

 

 

3,175

 

 

 

6

 

 

 

102

 

Agricultural

 

 

176

 

 

 

176

 

 

 

116

 

 

 

188

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

2,765

 

 

 

2,765

 

 

 

20

 

 

 

2,524

 

 

 

128

 

 

 

-

 

Commercial and Industrial

 

 

1,007

 

 

 

1,007

 

 

 

890

 

 

 

916

 

 

 

52

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

11

 

 

 

1

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

1,001

 

 

$

1,001

 

 

$

31

 

 

$

864

 

 

$

22

 

 

$

13

 

Agricultural Real Estate

 

$

6,756

 

 

$

6,759

 

 

$

600

 

 

$

3,904

 

 

$

24

 

 

$

114

 

Agricultural

 

$

467

 

 

$

467

 

 

$

116

 

 

$

580

 

 

$

3

 

 

$

3

 

Commercial Real Estate

 

$

2,950

 

 

$

2,950

 

 

$

20

 

 

$

2,719

 

 

$

141

 

 

$

-

 

Commercial and Industrial

 

$

3,335

 

 

$

3,335

 

 

$

890

 

 

$

2,138

 

 

$

78

 

 

$

5

 

Consumer

 

$

23

 

 

$

23

 

 

$

-

 

 

$

27

 

 

$

1

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QTD

 

 

QTD

 

 

Interest

 

Three Months Ended June 30, 2020

 

 

 

 

 

Unpaid

 

 

 

 

 

 

Average

 

 

Interest

 

 

Income

 

 

 

Recorded

 

 

Principal

 

 

Related

 

 

Recorded

 

 

Income

 

 

Recognized

 

 

 

Investment

 

 

Balance

 

 

Allowance

 

 

Investment

 

 

Recognized

 

 

Cash Basis

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

787

 

 

$

787

 

 

$

-

 

 

$

624

 

 

$

4

 

 

$

-

 

Agricultural Real Estate

 

 

521

 

 

 

521

 

 

 

-

 

 

 

187

 

 

 

5

 

 

 

-

 

Agricultural

 

 

383

 

 

 

383

 

 

 

-

 

 

 

340

 

 

 

4

 

 

 

-

 

Commercial Real Estate

 

 

186

 

 

 

186

 

 

 

-

 

 

 

186

 

 

 

-

 

 

 

-

 

Commercial and Industrial

 

 

791

 

 

 

791

 

 

 

-

 

 

 

568

 

 

 

4

 

 

 

-

 

Consumer

 

 

27

 

 

 

27

 

 

 

-

 

 

 

28

 

 

 

-

 

 

 

-

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

60

 

 

 

60

 

 

 

16

 

 

 

194

 

 

 

1

 

 

 

1

 

Agricultural Real Estate

 

 

5,469

 

 

 

5,469

 

 

 

438

 

 

 

1,884

 

 

 

1

 

 

 

-

 

Agricultural

 

 

240

 

 

 

240

 

 

 

98

 

 

 

161

 

 

 

9

 

 

 

-

 

Commercial Real Estate

 

 

3,072

 

 

 

3,072

 

 

 

58

 

 

 

3,085

 

 

 

39

 

 

 

-

 

Commercial and Industrial

 

 

1,031

 

 

 

1,031

 

 

 

560

 

 

 

1,095

 

 

 

11

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

847

 

 

$

847

 

 

$

16

 

 

$

818

 

 

$

5

 

 

$

1

 

Agricultural Real Estate

 

$

5,990

 

 

$

5,990

 

 

$

438

 

 

$

2,071

 

 

$

6

 

 

$

-

 

Agricultural

 

$

623

 

 

$

623

 

 

$

98

 

 

$

501

 

 

$

13

 

 

$

-

 

Commercial Real Estate

 

$

3,258

 

 

$

3,258

 

 

$

58

 

 

$

3,271

 

 

$

39

 

 

$

-

 

Commercial and Industrial

 

$

1,822

 

 

$

1,822

 

 

$

560

 

 

$

1,663

 

 

$

15

 

 

$

-

 

Consumer

 

$

27

 

 

$

27

 

 

$

-

 

 

$

28

 

 

$

-

 

 

$

-

 

 

 

 

 


 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD

 

 

YTD

 

 

Interest

 

Six Months Ended June 30, 2021

 

 

 

 

 

Unpaid

 

 

 

 

 

 

Average

 

 

Interest

 

 

Income

 

 

 

Recorded

 

 

Principal

 

 

Related

 

 

Recorded

 

 

Income

 

 

Recognized

 

 

 

Investment

 

 

Balance

 

 

Allowance

 

 

Investment

 

 

Recognized

 

 

Cash Basis

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

770

 

 

$

823

 

 

$

-

 

 

$

501

 

 

$

3

 

 

$

7

 

Agricultural Real Estate

 

 

728

 

 

 

728

 

 

 

-

 

 

 

1,262

 

 

 

44

 

 

 

-

 

Agricultural

 

 

131

 

 

 

231

 

 

 

-

 

 

 

176

 

 

 

6

 

 

 

-

 

Commercial Real Estate

 

 

181

 

 

 

181

 

 

 

-

 

 

 

1,393

 

 

 

8

 

 

 

6

 

Commercial and Industrial

 

 

1,236

 

 

 

1,367

 

 

 

-

 

 

 

1,546

 

 

 

23

 

 

 

3

 

Consumer

 

 

17

 

 

 

27

 

 

 

-

 

 

 

20

 

 

 

-

 

 

 

-

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

117

 

 

 

-

 

 

 

-

 

Agricultural Real Estate

 

 

5,794

 

 

 

5,794

 

 

 

914

 

 

 

5,357

 

 

 

-

 

 

 

-

 

Agricultural

 

 

117

 

 

 

117

 

 

 

117

 

 

 

127

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

3,065

 

 

 

3,065

 

 

 

125

 

 

 

2,002

 

 

 

54

 

 

 

3

 

Commercial and Industrial

 

 

-

 

 

 

-

 

 

 

-

 

 

 

335

 

 

 

-

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

770

 

 

$

823

 

 

$

-

 

 

$

618

 

 

$

3

 

 

$

7

 

Agricultural Real Estate

 

$

6,522

 

 

$

6,522

 

 

$

914

 

 

$

6,619

 

 

$

44

 

 

$

-

 

Agricultural

 

$

248

 

 

$

348

 

 

$

117

 

 

$

303

 

 

$

6

 

 

$

-

 

Commercial Real Estate

 

$

3,246

 

 

$

3,246

 

 

$

125

 

 

$

3,395

 

 

$

62

 

 

$

9

 

Commercial and Industrial

 

$

1,236

 

 

$

1,367

 

 

$

-

 

 

$

1,881

 

 

$

23

 

 

$

3

 

Consumer

 

$

17

 

 

$

27

 

 

$

-

 

 

$

20

 

 

$

-

 

 

$

-

 

 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD

 

 

YTD

 

 

Interest

 

Six Months Ended June 30, 2020

 

 

 

 

 

Unpaid

 

 

 

 

 

 

Average

 

 

Interest

 

 

Income

 

 

 

Recorded

 

 

Principal

 

 

Related

 

 

Recorded

 

 

Income

 

 

Recognized

 

 

 

Investment

 

 

Balance

 

 

Allowance

 

 

Investment

 

 

Recognized

 

 

Cash Basis

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

787

 

 

$

787

 

 

$

-

 

 

$

637

 

 

$

8

 

 

$

3

 

Agricultural Real Estate

 

 

521

 

 

 

521

 

 

 

-

 

 

 

239

 

 

 

7

 

 

 

-

 

Agricultural

 

 

383

 

 

 

383

 

 

 

-

 

 

 

363

 

 

 

8

 

 

 

-

 

Commercial Real Estate

 

 

186

 

 

 

186

 

 

 

-

 

 

 

205

 

 

 

4

 

 

 

-

 

Commercial and Industrial

 

 

791

 

 

 

791

 

 

 

-

 

 

 

633

 

 

 

6

 

 

 

-

 

Consumer

 

 

27

 

 

 

27

 

 

 

-

 

 

 

19

 

 

 

1

 

 

 

-

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

60

 

 

 

60

 

 

 

16

 

 

 

203

 

 

 

3

 

 

 

1

 

Agricultural Real Estate

 

 

5,469

 

 

 

5,469

 

 

 

438

 

 

 

988

 

 

 

3

 

 

 

-

 

Agricultural

 

 

240

 

 

 

240

 

 

 

98

 

 

 

141

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

3,072

 

 

 

3,072

 

 

 

58

 

 

 

2,061

 

 

 

78

 

 

 

-

 

Commercial and Industrial

 

 

1,031

 

 

 

1,031

 

 

 

560

 

 

 

834

 

 

 

27

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

10

 

 

 

-

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

847

 

 

$

847

 

 

$

16

 

 

$

840

 

 

$

11

 

 

$

4

 

Agricultural Real Estate

 

$

5,990

 

 

$

5,990

 

 

$

438

 

 

$

1,227

 

 

$

10

 

 

$

-

 

Agricultural

 

$

623

 

 

$

623

 

 

$

98

 

 

$

504

 

 

$

8

 

 

$

-

 

Commercial Real Estate

 

$

3,258

 

 

$

3,258

 

 

$

58

 

 

$

2,266

 

 

$

82

 

 

$

-

 

Commercial and Industrial

 

$

1,822

 

 

$

1,822

 

 

$

560

 

 

$

1,467

 

 

$

33

 

 

$

-

 

Consumer

 

$

27

 

 

$

27

 

 

$

-

 

 

$

29

 

 

$

1

 

 

$

-

 

 


 
Summary of Activities in Allowance for Credit Losses The following tables summarize the activities in the allowance for credit losses.

 

 

 

(In Thousands)

 

 

 

Six Months Ended

 

 

Twelve Months Ended

 

 

 

June 30, 2021

 

 

December 31, 2020

 

Allowance for Loan & Lease Losses

 

 

 

 

 

 

 

 

Balance at beginning of year

 

$

13,672

 

 

$

7,228

 

Provision for loan loss

 

 

2,341

 

 

 

6,981

 

Loans charged off

 

 

(1,051

)

 

 

(720

)

Recoveries

 

 

125

 

 

 

183

 

Allowance for Loan & Lease Losses

 

$

15,087

 

 

$

13,672

 

Allowance for Unfunded Loan Commitments &

      Letters of Credit

 

$

1,145

 

 

$

641

 

Total Allowance for Credit Losses

 

$

16,232

 

 

$

14,313

 

 
Analysis of Allowance for Credit Losses

Additional analysis, presented in thousands, related to the allowance for credit losses for the three and six months ended June 30, 2021 and June 30, 2020 in addition to the ending balances as of December 31, 2020 is as follows:

 

 

 

Consumer

Real Estate

 

 

Agricultural

Real Estate

 

 

Agricultural

 

 

Commercial

Real Estate

 

 

Commercial

and Industrial

 

 

Consumer

 

 

Unfunded

Loan

Commitment

& Letters of

Credit

 

 

Unallocated

 

 

Total

 

Three Months Ended June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALLOWANCE FOR CREDIT LOSSES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

624

 

 

$

1,386

 

 

$

616

 

 

$

7,668

 

 

$

2,608

 

 

$

595

 

 

$

1,052

 

 

$

928

 

 

$

15,477

 

Charge Offs

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(38

)

 

 

-

 

 

 

-

 

 

 

(38

)

Recoveries

 

 

3

 

 

 

-

 

 

 

6

 

 

 

3

 

 

 

5

 

 

 

42

 

 

 

-

 

 

 

-

 

 

 

59

 

Provision (Credit)

 

 

22

 

 

 

(169

)

 

 

98

 

 

 

1,160

 

 

 

224

 

 

 

14

 

 

 

-

 

 

 

(708

)

 

 

641

 

Other Non-interest expense related to

   unfunded

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

93

 

 

 

-

 

 

 

93

 

Ending Balance

 

$

649

 

 

$

1,217

 

 

$

720

 

 

$

8,831

 

 

$

2,837

 

 

$

613

 

 

$

1,145

 

 

$

220

 

 

$

16,232

 

Ending balance: individually evaluated

   for impairment

 

$

-

 

 

$

914

 

 

$

117

 

 

$

125

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,156

 

Ending balance: collectively evaluated

   for impairment

 

$

649

 

 

$

303

 

 

$

603

 

 

$

8,706

 

 

$

2,837

 

 

$

613

 

 

$

1,145

 

 

$

220

 

 

$

15,076

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

194,574

 

 

$

189,426

 

 

$

100,905

 

 

$

689,728

 

 

$

227,256

 

 

$

56,534

 

 

$

-

 

 

$

-

 

 

$

1,458,423

 

Ending balance: individually evaluated

   for impairment

 

$

770

 

 

$

6,522

 

 

$

248

 

 

$

3,246

 

 

$

1,236

 

 

$

17

 

 

$

-

 

 

$

-

 

 

$

12,039

 

Ending balance: collectively evaluated

   for impairment

 

$

193,741

 

 

$

181,923

 

 

$

100,657

 

 

$

686,172

 

 

$

225,635

 

 

$

56,517

 

 

$

-

 

 

$

-

 

 

$

1,444,645

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

63

 

 

$

981

 

 

$

-

 

 

$

310

 

 

$

385

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,739

 

 

 


 

December 31, 2020

 

Consumer

Real Estate

 

 

Agricultural Real Estate

 

 

Agricultural

 

 

Commercial Real Estate

 

 

Commercial

and Industrial

 

 

Consumer

 

 

Unfunded

Loan

Commitment

& Letters of

Credit

 

 

Unallocated

 

 

Total

 

ALLOWANCE FOR CREDIT LOSSES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending Balance

 

$

633

 

 

$

958

 

 

$

701

 

 

$

7,415

 

 

$

3,346

 

 

$

606

 

 

$

641

 

 

$

13

 

 

$

14,313

 

Ending balance: individually evaluated for

   impairment

 

$

31

 

 

$

600

 

 

$

116

 

 

$

20

 

 

$

890

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,657

 

Ending balance: collectively evaluated for

   impairment

 

$

602

 

 

$

358

 

 

$

585

 

 

$

7,395

 

 

$

2,456

 

 

$

606

 

 

$

641

 

 

$

13

 

 

$

12,656

 

Ending balance: loans acquired with deteriorated

   credit quality

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

175,316

 

 

$

188,826

 

 

$

94,490

 

 

$

587,654

 

 

$

204,043

 

 

$

52,661

 

 

$

-

 

 

$

-

 

 

$

1,302,990

 

Ending balance: individually evaluated for

   impairment

 

$

1,001

 

 

$

6,756

 

 

$

467

 

 

$

2,950

 

 

$

3,335

 

 

$

23

 

 

$

-

 

 

$

-

 

 

$

14,532

 

Ending balance: collectively evaluated for

   impairment

 

$

174,273

 

 

$

182,070

 

 

$

94,023

 

 

$

584,704

 

 

$

200,602

 

 

$

52,638

 

 

$

-

 

 

$

-

 

 

$

1,288,310

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

42

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

106

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

148

 

 


 

 

 

Consumer

Real Estate

 

 

Agricultural

Real Estate

 

 

Agricultural

 

 

Commercial

Real Estate

 

 

Commercial

and Industrial

 

 

Consumer

 

 

Unfunded

Loan

Commitment

& Letters of

Credit

 

 

Unallocated

 

 

Total

 

Three Months Ended June 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALLOWANCE FOR CREDIT LOSSES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

345

 

 

$

327

 

 

$

665

 

 

$

3,873

 

 

$

2,750

 

 

$

533

 

 

$

470

 

 

$

40

 

 

$

9,003

 

Charge Offs

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(8

)

 

 

(165

)

 

 

(64

)

 

 

-

 

 

 

-

 

 

 

(237

)

Recoveries

 

 

2

 

 

 

-

 

 

 

-

 

 

 

2

 

 

 

6

 

 

 

58

 

 

 

-

 

 

 

-

 

 

 

68

 

Provision (Credit)

 

 

223

 

 

 

486

 

 

 

371

 

 

 

591

 

 

 

(168

)

 

 

34

 

 

 

-

 

 

 

32

 

 

 

1,569

 

Other Non-interest expense related to

   unfunded

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

135

 

 

 

-

 

 

 

135

 

Ending Balance

 

$

570

 

 

$

813

 

 

$

1,036

 

 

$

4,458

 

 

$

2,423

 

 

$

561

 

 

$

605

 

 

$

72

 

 

$

10,538

 

Ending balance: individually evaluated

   for impairment

 

$

16

 

 

$

438

 

 

$

98

 

 

$

58

 

 

$

560

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,170

 

Ending balance: collectively evaluated

   for impairment

 

$

554

 

 

$

375

 

 

$

938

 

 

$

4,400

 

 

$

1,863

 

 

$

561

 

 

$

605

 

 

$

72

 

 

$

9,368

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

173,615

 

 

$

194,310

 

 

$

107,615

 

 

$

588,176

 

 

$

230,748

 

 

$

50,259

 

 

$

-

 

 

$

-

 

 

$

1,344,723

 

Ending balance: individually evaluated

   for impairment

 

$

847

 

 

$

5,990

 

 

$

623

 

 

$

3,258

 

 

$

1,822

 

 

$

27

 

 

$

-

 

 

$

-

 

 

$

12,567

 

Ending balance: collectively evaluated

   for impairment

 

$

172,724

 

 

$

188,320

 

 

$

106,992

 

 

$

584,918

 

 

$

228,830

 

 

$

49,159

 

 

$

-

 

 

$

-

 

 

$

1,330,943

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

44

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

96

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

140

 

 

 

 

 

 

 

Consumer

Real Estate

 

 

Agricultural

Real Estate

 

 

Agricultural

 

 

Commercial

Real Estate

 

 

Commercial

and Industrial

 

 

Consumer

 

 

Unfunded

Loan

Commitment

& Letters of

Credit

 

 

Unallocated

 

 

Total

 

Six Months Ended June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALLOWANCE FOR CREDIT LOSSES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

633

 

 

$

958

 

 

$

701

 

 

$

7,415

 

 

$

3,346

 

 

$

606

 

 

$

641

 

 

$

13

 

 

$

14,313

 

Charge Offs

 

 

-

 

 

 

-

 

 

 

(142

)

 

 

-

 

 

 

(809

)

 

 

(100

)

 

 

-

 

 

 

-

 

 

 

(1,051

)

Recoveries

 

 

6

 

 

 

-

 

 

 

6

 

 

 

5

 

 

 

10

 

 

 

98

 

 

 

-

 

 

 

-

 

 

 

125

 

Provision (Credit)

 

 

10

 

 

 

259

 

 

 

155

 

 

 

1,411

 

 

 

290

 

 

 

9

 

 

 

-

 

 

 

207

 

 

 

2,341

 

Other Non-interest expense related to

   unfunded

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

504

 

 

 

-

 

 

 

504

 

Ending Balance

 

$

649

 

 

$

1,217

 

 

$

720

 

 

$

8,831

 

 

$

2,837

 

 

$

613

 

 

$

1,145

 

 

$

220

 

 

$

16,232

 

Ending balance: individually evaluated

   for impairment

 

$

-

 

 

$

914

 

 

$

117

 

 

$

125

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,156

 

Ending balance: collectively evaluated

   for impairment

 

$

649

 

 

$

303

 

 

$

603

 

 

$

8,706

 

 

$

2,837

 

 

$

613

 

 

$

1,145

 

 

$

220

 

 

$

15,076

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

194,574

 

 

$

189,426

 

 

$

100,905

 

 

$

689,728

 

 

$

227,256

 

 

$

56,534

 

 

$

-

 

 

$

-

 

 

$

1,458,423

 

Ending balance: individually evaluated

   for impairment

 

$

770

 

 

$

6,522

 

 

$

248

 

 

$

3,246

 

 

$

1,236

 

 

$

17

 

 

$

-

 

 

$

-

 

 

$

12,039

 

Ending balance: collectively evaluated

   for impairment

 

$

193,741

 

 

$

181,923

 

 

$

100,657

 

 

$

686,172

 

 

$

225,635

 

 

$

56,517

 

 

$

-

 

 

$

-

 

 

$

1,444,645

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

63

 

 

$

981

 

 

$

-

 

 

$

310

 

 

$

385

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,739

 

 

 

 

 

 

 

Consumer

Real Estate

 

 

Agricultural

Real Estate

 

 

Agricultural

 

 

Commercial

Real Estate

 

 

Commercial

and Industrial

 

 

Consumer

 

 

Unfunded

Loan

Commitment

& Letters of

Credit

 

 

Unallocated

 

 

Total

 

Six Months Ended June 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALLOWANCE FOR CREDIT LOSSES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

311

 

 

$

314

 

 

$

691

 

 

$

3,634

 

 

$

1,727

 

 

$

551

 

 

$

479

 

 

$

-

 

 

$

7,707

 

Charge Offs

 

 

(35

)

 

 

-

 

 

 

-

 

 

 

(8

)

 

 

(165

)

 

 

(193

)

 

 

-

 

 

 

-

 

 

 

(401

)

Recoveries

 

 

5

 

 

 

-

 

 

 

-

 

 

 

5

 

 

 

9

 

 

 

88

 

 

 

-

 

 

 

-

 

 

 

107

 

Provision (Credit)

 

 

289

 

 

 

499

 

 

 

345

 

 

 

827

 

 

 

852

 

 

 

115

 

 

 

-

 

 

 

72

 

 

 

2,999

 

Other Non-interest expense related to

   unfunded

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

126

 

 

 

-

 

 

 

126

 

Ending Balance

 

$

570

 

 

$

813

 

 

$

1,036

 

 

$

4,458

 

 

$

2,423

 

 

$

561

 

 

$

605

 

 

$

72

 

 

$

10,538

 

Ending balance: individually evaluated

   for impairment

 

$

16

 

 

$

438

 

 

$

98

 

 

$

58

 

 

$

560

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,170

 

Ending balance: collectively evaluated

   for impairment

 

$

554

 

 

$

375

 

 

$

938

 

 

$

4,400

 

 

$

1,863

 

 

$

561

 

 

$

605

 

 

$

72

 

 

$

9,368

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

173,615

 

 

$

194,310

 

 

$

107,615

 

 

$

588,176

 

 

$

230,748

 

 

$

50,259

 

 

$

-

 

 

$

-

 

 

$

1,344,723

 

Ending balance: individually evaluated

   for impairment

 

$

847

 

 

$

5,990

 

 

$

623

 

 

$

3,258

 

 

$

1,822

 

 

$

27

 

 

$

-

 

 

$

-

 

 

$

12,567

 

Ending balance: collectively evaluated

   for impairment

 

$

172,724

 

 

$

188,320

 

 

$

106,992

 

 

$

584,918

 

 

$

228,830

 

 

$

49,159

 

 

$

-

 

 

$

-

 

 

$

1,330,943

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

44

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

96

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

140