XML 33 R23.htm IDEA: XBRL DOCUMENT v3.22.2
Loans (Tables)
 6 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
Loans

Loan balances as of June 30, 2022 and December 31, 2021 are summarized below:

 

 

 

(In Thousands)

 

Loans:

 

June 30, 2022

 

 

December 31, 2021

 

Consumer Real Estate

 

$

410,450

 

 

$

395,873

 

Agricultural Real Estate

 

 

199,972

 

 

 

198,343

 

Agricultural

 

 

127,143

 

 

 

118,368

 

Commercial Real Estate

 

 

979,176

 

 

 

848,477

 

Commercial and Industrial

 

 

232,975

 

 

 

208,270

 

Consumer

 

 

55,411

 

 

 

57,737

 

Other

 

 

31,243

 

 

 

32,089

 

 

 

 

2,036,370

 

 

 

1,859,157

 

Less: Net deferred loan fees and costs

 

 

(1,552

)

 

 

(1,738

)

 

 

 

2,034,818

 

 

 

1,857,419

 

Less: Allowance for loan losses

 

 

(18,424

)

 

 

(16,242

)

Loans - Net

 

$

2,016,394

 

 

$

1,841,177

 
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, 2022:

 

 

 

(In Thousands)

 

 

 

Fixed

 

 

Variable

 

Consumer Real Estate

 

$

309,221

 

 

$

101,229

 

Agricultural Real Estate

 

 

127,103

 

 

 

72,869

 

Agricultural

 

 

48,479

 

 

 

78,664

 

Commercial Real Estate

 

 

787,908

 

 

 

191,268

 

Commercial and Industrial

 

 

109,452

 

 

 

123,523

 

Consumer

 

 

54,462

 

 

 

949

 

Other

 

 

21,341

 

 

 

9,902

 
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, 2022 and December 31, 2021, net of deferred loan fees and costs:

 

June 30, 2022

 

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

 

$

964

 

 

$

52

 

 

$

164

 

 

$

1,180

 

 

$

409,288

 

 

$

410,468

 

 

$

-

 

Agricultural Real Estate

 

 

-

 

 

 

1,550

 

 

 

-

 

 

 

1,550

 

 

 

198,100

 

 

 

199,650

 

 

 

-

 

Agricultural

 

 

42

 

 

 

662

 

 

 

112

 

 

 

816

 

 

 

126,524

 

 

 

127,340

 

 

 

-

 

Commercial Real Estate

 

 

15

 

 

 

-

 

 

 

180

 

 

 

195

 

 

 

977,393

 

 

 

977,588

 

 

 

-

 

Commercial and Industrial

 

 

-

 

 

 

9

 

 

 

275

 

 

 

284

 

 

 

263,840

 

 

 

264,124

 

 

 

-

 

Consumer

 

 

11

 

 

 

63

 

 

 

-

 

 

 

74

 

 

 

55,574

 

 

 

55,648

 

 

 

-

 

Total

 

$

1,032

 

 

$

2,336

 

 

$

731

 

 

$

4,099

 

 

$

2,030,719

 

 

$

2,034,818

 

 

$

-

 

 

 

December 31, 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

 

$

228

 

 

$

-

 

 

$

246

 

 

$

474

 

 

$

395,331

 

 

$

395,805

 

 

$

-

 

Agricultural Real Estate

 

 

436

 

 

 

-

 

 

 

-

 

 

 

436

 

 

 

197,597

 

 

 

198,033

 

 

 

-

 

Agricultural

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

118,504

 

 

 

118,504

 

 

 

-

 

Commercial Real Estate

 

 

-

 

 

 

-

 

 

 

180

 

 

 

180

 

 

 

846,930

 

 

 

847,110

 

 

 

-

 

Commercial and Industrial

 

 

21

 

 

 

131

 

 

 

149

 

 

 

301

 

 

 

239,837

 

 

 

240,138

 

 

 

-

 

Consumer

 

 

64

 

 

 

-

 

 

 

-

 

 

 

64

 

 

 

57,765

 

 

 

57,829

 

 

 

-

 

Total

 

$

749

 

 

$

131

 

 

$

575

 

 

$

1,455

 

 

$

1,855,964

 

 

$

1,857,419

 

 

$

-

 
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, 2022 and December 31, 2021:

 

 

 

(In Thousands)

 

 

 

June 30,

2022

 

 

December 31,

2021

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

513

 

 

$

824

 

Agricultural Real Estate

 

 

2,023

 

 

 

6,477

 

Agricultural

 

 

1,296

 

 

 

20

 

Commercial Real Estate

 

 

1,136

 

 

 

600

 

Commercial & Industrial

 

 

275

 

 

 

149

 

Consumer

 

 

4

 

 

 

6

 

Total

 

$

5,247

 

 

$

8,076

 
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, 2022 and December 31, 2021:

 

 

 

(In Thousands)

 

 

 

Agricultural

 

 

 

 

 

 

Commercial

 

 

Commercial

 

 

 

 

 

 

 

Real Estate

 

 

Agricultural

 

 

Real Estate

 

 

and Industrial

 

 

Other

 

June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-2

 

$

9,736

 

 

$

4,935

 

 

$

10,142

 

 

$

1,210

 

 

$

-

 

3

 

 

43,788

 

 

 

33,656

 

 

 

269,520

 

 

 

58,423

 

 

 

11,202

 

4

 

 

132,745

 

 

 

87,177

 

 

 

665,350

 

 

 

168,392

 

 

 

20,041

 

5

 

 

4,440

 

 

 

365

 

 

 

15,705

 

 

 

916

 

 

 

-

 

6

 

 

8,941

 

 

 

1,207

 

 

 

16,871

 

 

 

3,940

 

 

 

-

 

7

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

8

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total

 

$

199,650

 

 

$

127,340

 

 

$

977,588

 

 

$

232,881

 

 

$

31,243

 

 

 

 

 

Agricultural

 

 

 

 

 

 

Commercial

 

 

Commercial

 

 

 

 

 

 

 

Real Estate

 

 

Agricultural

 

 

Real Estate

 

 

and Industrial

 

 

Other

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-2

 

$

8,720

 

 

$

4,178

 

 

$

10,894

 

 

$

4,604

 

 

$

-

 

3

 

 

42,180

 

 

 

38,623

 

 

 

238,132

 

 

 

46,547

 

 

 

11,408

 

4

 

 

129,301

 

 

 

75,164

 

 

 

568,038

 

 

 

152,736

 

 

 

20,681

 

5

 

 

4,599

 

 

 

227

 

 

 

14,509

 

 

 

986

 

 

 

-

 

6

 

 

13,233

 

 

 

312

 

 

 

15,537

 

 

 

3,176

 

 

 

-

 

7

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

8

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total

 

$

198,033

 

 

$

118,504

 

 

$

847,110

 

 

$

208,049

 

 

$

32,089

 
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, 2022 and December 31, 2021.

 

 

 

(In Thousands)

 

 

 

Consumer

 

 

Consumer

 

 

 

Real Estate

 

 

Real Estate

 

 

 

June 30,

2022

 

 

December 31,

2021

 

Grade

 

 

 

 

 

 

 

 

Pass

 

$

408,315

 

 

$

392,940

 

Special Mention (5)

 

 

851

 

 

 

1,673

 

Substandard (6)

 

 

1,302

 

 

 

1,192

 

Doubtful (7)

 

 

-

 

 

 

-

 

Total

 

$

410,468

 

 

$

395,805

 

 

 

 

 

(In Thousands)

 

 

 

Consumer - Credit

 

 

Consumer - Other

 

 

 

June 30,

2022

 

 

December 31,

2021

 

 

June 30,

2022

 

 

December 31,

2021

 

Performing

 

$

19

 

 

$

3,906

 

 

$

55,560

 

 

$

53,820

 

Nonperforming

 

 

-

 

 

 

13

 

 

 

69

 

 

 

90

 

Total

 

$

19

 

 

$

3,919

 

 

$

55,629

 

 

$

53,910

 
Schedule of Impaired Loans

Information about impaired loans as of June 30, 2022, December 31, 2021 and June 30, 2021 are as follows:

 

 

 

 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

 

June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Impaired loans without a valuation allowance

 

$

5,680

 

 

$

1,228

 

 

$

3,063

 

Impaired loans with a valuation allowance

 

 

4,989

 

 

 

10,711

 

 

 

8,976

 

Total impaired loans

 

$

10,669

 

 

$

11,939

 

 

$

12,039

 

Valuation allowance related to impaired loans

 

$

2,419

 

 

$

2,184

 

 

$

1,156

 

Total non-accrual loans

 

$

5,247

 

 

$

8,076

 

 

$

7,031

 

Total loans past-due ninety days or more and

   still accruing

 

$

-

 

 

$

-

 

 

$

-

 

Quarter ended average investment in impaired

   loans

 

$

9,748

 

 

$

11,676

 

 

$

12,206

 

Year to date average investment in impaired

   loans

 

$

11,258

 

 

$

12,247

 

 

$

12,836

 
Impaired Loans Classified as Troubled Debt Restructured

 

 

 

 

 

Pre-

 

 

Post-

 

 

 

 

 

 

 

Pre-

 

 

Post-

 

Three Months

Number of

 

 

Modification

 

 

Modification

 

 

Six Months

Number of

 

 

Modification

 

 

Modification

 

June 30, 2022

Contracts

 

 

Outstanding

 

 

Outstanding

 

 

June 30, 2022

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

 

Commercial Real Estate

 

-

 

 

 

-

 

 

 

-

 

 

Commercial Real Estate

 

-

 

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

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

 

Commercial Real Estate

 

1

 

 

 

382

 

 

 

382

 

 

Commercial Real Estate

 

1

 

 

 

382

 

 

 

382

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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, 2022 and June 30, 2021 and for the year ended December 31, 2021.

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QTD

 

 

QTD

 

 

Interest

 

Three Months Ended June 30, 2022

 

 

 

 

 

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

 

$

657

 

 

$

657

 

 

$

-

 

 

$

390

 

 

$

1

 

 

$

4

 

Agricultural Real Estate

 

 

2,414

 

 

 

2,518

 

 

 

-

 

 

 

2,247

 

 

 

6

 

 

 

3

 

Agricultural

 

 

1,296

 

 

 

1,296

 

 

 

-

 

 

 

445

 

 

 

-

 

 

 

1

 

Commercial Real Estate

 

 

1,148

 

 

 

1,148

 

 

 

-

 

 

 

1,323

 

 

 

7

 

 

 

14

 

Commercial and Industrial

 

 

145

 

 

 

145

 

 

 

-

 

 

 

207

 

 

 

-

 

 

 

10

 

Consumer

 

 

20

 

 

 

20

 

 

 

-

 

 

 

20

 

 

 

-

 

 

 

 

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Agricultural Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Agricultural

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

2,985

 

 

 

2,985

 

 

 

573

 

 

 

3,105

 

 

 

38

 

 

 

-

 

Commercial and Industrial

 

 

2,004

 

 

 

2,004

 

 

 

1,846

 

 

 

2,011

 

 

 

52

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

657

 

 

$

657

 

 

$

-

 

 

$

390

 

 

$

1

 

 

$

4

 

Agricultural Real Estate

 

$

2,414

 

 

$

2,518

 

 

$

-

 

 

$

2,247

 

 

$

6

 

 

$

3

 

Agricultural

 

$

1,296

 

 

$

1,296

 

 

$

-

 

 

$

445

 

 

$

-

 

 

$

1

 

Commercial Real Estate

 

$

4,133

 

 

$

4,133

 

 

$

573

 

 

$

4,428

 

 

$

45

 

 

$

14

 

Commercial and Industrial

 

$

2,149

 

 

$

2,149

 

 

$

1,846

 

 

$

2,218

 

 

$

52

 

 

$

10

 

Consumer

 

$

20

 

 

$

20

 

 

$

-

 

 

$

20

 

 

$

-

 

 

$

-

 

 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

Year Ended December 31, 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

 

$

604

 

 

$

604

 

 

$

-

 

 

$

456

 

 

$

5

 

 

$

15

 

Agricultural Real Estate

 

 

423

 

 

 

423

 

 

 

-

 

 

 

1,000

 

 

 

33

 

 

 

-

 

Agricultural

 

 

-

 

 

 

-

 

 

 

-

 

 

 

143

 

 

 

18

 

 

 

3

 

Commercial Real Estate

 

 

180

 

 

 

180

 

 

 

-

 

 

 

1,445

 

 

 

70

 

 

 

9

 

Commercial and Industrial

 

 

21

 

 

 

21

 

 

 

-

 

 

 

920

 

 

 

24

 

 

 

158

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

17

 

 

 

-

 

 

 

-

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

59

 

 

 

-

 

 

 

-

 

Agricultural Real Estate

 

 

6,302

 

 

 

6,406

 

 

 

691

 

 

 

5,414

 

 

 

54

 

 

 

-

 

Agricultural

 

 

20

 

 

 

20

 

 

 

1

 

 

 

94

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

3,381

 

 

 

3,381

 

 

 

664

 

 

 

2,199

 

 

 

70

 

 

 

3

 

Commercial and Industrial

 

 

982

 

 

 

982

 

 

 

825

 

 

 

498

 

 

 

17

 

 

 

-

 

Consumer

 

 

26

 

 

 

26

 

 

 

3

 

 

 

2

 

 

 

1

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

604

 

 

$

604

 

 

$

-

 

 

$

515

 

 

$

5

 

 

$

15

 

Agricultural Real Estate

 

$

6,725

 

 

$

6,829

 

 

$

691

 

 

$

6,414

 

 

$

87

 

 

$

-

 

Agricultural

 

$

20

 

 

$

20

 

 

$

1

 

 

$

237

 

 

$

18

 

 

$

3

 

Commercial Real Estate

 

$

3,561

 

 

$

3,561

 

 

$

664

 

 

$

3,644

 

 

$

140

 

 

$

12

 

Commercial and Industrial

 

$

1,003

 

 

$

1,003

 

 

$

825

 

 

$

1,418

 

 

$

41

 

 

$

158

 

Consumer

 

$

26

 

 

$

26

 

 

$

3

 

 

$

19

 

 

$

1

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD

 

 

YTD

 

 

Interest

 

Six Months Ended June 30, 2022

 

 

 

 

 

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

 

$

657

 

 

$

657

 

 

$

-

 

 

$

381

 

 

$

2

 

 

$

6

 

Agricultural Real Estate

 

 

2,414

 

 

 

2,518

 

 

 

-

 

 

 

1,696

 

 

 

13

 

 

 

5

 

Agricultural

 

 

1,296

 

 

 

1,296

 

 

 

-

 

 

 

233

 

 

 

-

 

 

 

1

 

Commercial Real Estate

 

 

1,148

 

 

 

1,148

 

 

 

-

 

 

 

991

 

 

 

11

 

 

 

19

 

Commercial and Industrial

 

 

145

 

 

 

145

 

 

 

-

 

 

 

231

 

 

 

2

 

 

 

10

 

Consumer

 

 

20

 

 

 

20

 

 

 

-

 

 

 

19

 

 

 

1

 

 

 

-

 

With a specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Agricultural Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,775

 

 

 

-

 

 

 

-

 

Agricultural

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

2,985

 

 

 

2,985

 

 

 

573

 

 

 

3,426

 

 

 

74

 

 

 

-

 

Commercial and Industrial

 

 

2,004

 

 

 

2,004

 

 

 

1,846

 

 

 

1,502

 

 

 

65

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4

 

 

 

-

 

 

 

-

 

Totals:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Real Estate

 

$

657

 

 

$

657

 

 

$

-

 

 

$

381

 

 

$

2

 

 

$

6

 

Agricultural Real Estate

 

$

2,414

 

 

$

2,518

 

 

$

-

 

 

$

4,471

 

 

$

13

 

 

$

5

 

Agricultural

 

$

1,296

 

 

$

1,296

 

 

$

-

 

 

$

233

 

 

$

-

 

 

$

1

 

Commercial Real Estate

 

$

4,133

 

 

$

4,133

 

 

$

573

 

 

$

4,417

 

 

$

85

 

 

$

19

 

Commercial and Industrial

 

$

2,149

 

 

$

2,149

 

 

$

1,846

 

 

$

1,733

 

 

$

67

 

 

$

10

 

Consumer

 

$

20

 

 

$

20

 

 

$

-

 

 

$

23

 

 

$

1

 

 

$

-

 

 

 

 

 

(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

 

 

$

-

 

 

$

-

 

 

 

 


 
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, 2022

 

 

December 31, 2021

 

Allowance for Loan & Lease Losses

 

 

 

 

 

 

 

 

Balance at beginning of year

 

$

16,242

 

 

$

13,672

 

Provision for loan loss

 

 

2,208

 

 

 

3,444

 

Loans charged off

 

 

(211

)

 

 

(1,332

)

Recoveries

 

 

185

 

 

 

458

 

Allowance for Loan & Lease Losses

 

$

18,424

 

 

$

16,242

 

Allowance for Unfunded Loan Commitments &

      Letters of Credit

 

$

1,167

 

 

$

1,041

 

Total Allowance for Credit Losses

 

$

19,591

 

 

$

17,283

 

 
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, 2022 and June 30, 2021 in addition to the ending balances as of December 31, 2021 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, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALLOWANCE FOR CREDIT LOSSES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

892

 

 

$

606

 

 

$

844

 

 

$

9,573

 

 

$

4,066

 

 

$

623

 

 

$

1,076

 

 

$

167

 

 

 

17,847

 

Charge Offs

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(117

)

 

 

-

 

 

 

-

 

 

 

(117

)

Recoveries

 

 

4

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

65

 

 

 

70

 

 

 

-

 

 

 

-

 

 

 

142

 

Provision (Credit)

 

 

43

 

 

 

(260

)

 

 

(90

)

 

 

851

 

 

 

1,234

 

 

 

(9

)

 

 

-

 

 

 

(141

)

 

 

1,628

 

Other Non-interest expense related to

   unfunded

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

91

 

 

 

-

 

 

 

91

 

Ending Balance

 

$

939

 

 

$

346

 

 

$

754

 

 

$

10,427

 

 

$

5,365

 

 

$

567

 

 

$

1,167

 

 

$

26

 

 

$

19,591

 

Ending balance: individually evaluated

   for impairment

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

2,419

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

2,419

 

Ending balance: collectively evaluated

   for impairment

 

$

939

 

 

$

346

 

 

$

754

 

 

$

10,427

 

 

$

2,946

 

 

$

567

 

 

$

1,167

 

 

$

26

 

 

$

17,172

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

410,468

 

 

$

199,650

 

 

$

127,340

 

 

$

977,588

 

 

$

264,124

 

 

$

55,648

 

 

$

-

 

 

$

-

 

 

$

2,034,818

 

Ending balance: individually evaluated

   for impairment

 

$

657

 

 

$

2,414

 

 

$

1,296

 

 

$

4,133

 

 

$

2,149

 

 

$

20

 

 

$

-

 

 

$

-

 

 

$

10,669

 

Ending balance: collectively evaluated

   for impairment

 

$

409,318

 

 

$

197,039

 

 

$

126,044

 

 

$

973,258

 

 

$

261,854

 

 

$

55,628

 

 

$

-

 

 

$

-

 

 

$

2,023,141

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

493

 

 

$

197

 

 

$

-

 

 

$

197

 

 

$

121

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,008

 

 

 


 

December 31, 2021

 

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

 

$

857

 

 

$

1,040

 

 

$

709

 

 

$

9,130

 

 

$

3,847

 

 

$

625

 

 

$

1,041

 

 

$

34

 

 

$

17,283

 

Ending balance: individually evaluated for

   impairment

 

$

-

 

 

$

691

 

 

$

1

 

 

$

664

 

 

$

825

 

 

$

3

 

 

$

-

 

 

$

-

 

 

$

2,184

 

Ending balance: collectively evaluated for

   impairment

 

$

857

 

 

$

349

 

 

$

708

 

 

$

8,466

 

 

$

3,022

 

 

$

622

 

 

$

1,041

 

 

$

34

 

 

$

15,099

 

Ending balance: loans acquired with deteriorated

   credit quality

 

$

37

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

37

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

395,805

 

 

$

198,033

 

 

$

118,504

 

 

$

847,110

 

 

$

240,138

 

 

$

57,829

 

 

$

-

 

 

$

-

 

 

$

1,857,419

 

Ending balance: individually evaluated for

   impairment

 

$

604

 

 

$

6,725

 

 

$

20

 

 

$

3,561

 

 

$

1,003

 

 

$

26

 

 

$

-

 

 

$

-

 

 

$

11,939

 

Ending balance: collectively evaluated for

   impairment

 

$

394,489

 

 

$

191,107

 

 

$

118,484

 

 

$

843,299

 

 

$

238,849

 

 

$

57,803

 

 

$

-

 

 

$

-

 

 

$

1,844,031

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

712

 

 

$

201

 

 

$

-

 

 

$

250

 

 

$

286

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,449

 

 


 

 

 

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

 

 

 

 

 

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, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALLOWANCE FOR CREDIT LOSSES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

857

 

 

$

1,040

 

 

$

709

 

 

$

9,130

 

 

$

3,847

 

 

$

625

 

 

$

1,041

 

 

$

34

 

 

$

17,283

 

Charge Offs

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(6

)

 

 

(205

)

 

 

-

 

 

 

-

 

 

 

(211

)

Recoveries

 

 

9

 

 

 

-

 

 

 

-

 

 

 

5

 

 

 

74

 

 

 

97

 

 

 

-

 

 

 

-

 

 

 

185

 

Provision (Credit)

 

 

73

 

 

 

(694

)

 

 

45

 

 

 

1,292

 

 

 

1,450

 

 

 

50

 

 

 

-

 

 

 

(8

)

 

 

2,208

 

Other Non-interest expense related to

   unfunded

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

126

 

 

 

-

 

 

 

126

 

Ending Balance

 

$

939

 

 

$

346

 

 

$

754

 

 

$

10,427

 

 

$

5,365

 

 

$

567

 

 

$

1,167

 

 

$

26

 

 

$

19,591

 

Ending balance: individually evaluated

   for impairment

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

2,419

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

2,419

 

Ending balance: collectively evaluated

   for impairment

 

$

939

 

 

$

346

 

 

$

754

 

 

$

10,427

 

 

$

2,946

 

 

$

567

 

 

$

1,167

 

 

$

26

 

 

$

17,172

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

FINANCING RECEIVABLES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

410,468

 

 

$

199,650

 

 

$

127,340

 

 

$

977,588

 

 

$

264,124

 

 

$

55,648

 

 

$

-

 

 

$

-

 

 

$

2,034,818

 

Ending balance: individually evaluated

   for impairment

 

$

657

 

 

$

2,414

 

 

$

1,296

 

 

$

4,133

 

 

$

2,149

 

 

$

20

 

 

$

-

 

 

$

-

 

 

$

10,669

 

Ending balance: collectively evaluated

   for impairment

 

$

409,318

 

 

$

197,039

 

 

$

126,044

 

 

$

973,258

 

 

$

261,854

 

 

$

55,628

 

 

$

-

 

 

$

-

 

 

$

2,023,141

 

Ending balance: loans acquired with

   deteriorated credit quality

 

$

493

 

 

$

197

 

 

$

-

 

 

$

197

 

 

$

121

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

1,008

 

 

 

 

 

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