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Loans (Tables) | 12 Months Ended
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Dec. 31, 2022
Receivables [Abstract] |
Loans | Loans at December 31 are summarized below:
|  | (In Thousands) |
Loans: |  | 2022 |  |  | 2021 |
Consumer Real Estate |  | $ | 494,423 |  |  | $ | 395,873 |
Agricultural Real Estate |  |  | 220,819 |  |  |  | 198,343 |
Agricultural |  |  | 128,733 |  |  |  | 118,368 |
Commercial Real Estate |  |  | 1,152,603 |  |  |  | 848,477 |
Commercial and Industrial |  |  | 242,360 |  |  |  | 208,270 |
Consumer |  |  | 89,147 |  |  |  | 57,737 |
Other |  |  | 29,818 |  |  |  | 32,089 |
|  |  | 2,357,903 |  |  |  | 1,859,157 |
Less: Net deferred loan fees and costs |  |  | (1,516 | ) |  |  | (1,738 | )
|  |  | 2,356,387 |  |  |  | 1,857,419 |
Less: Allowance for loan losses |  |  | (20,313 | ) |  |  | (16,242 | )
Loans - Net |  | $ | 2,336,074 |  |  | $ | 1,841,177 |
Contractual Maturity Schedule by Major Category of Loans Excluding Fair Value Adjustments | The following is a maturity schedule by major category of loans excluding fair value adjustments at December 31, 2022:
|  | (In Thousands) |
|  |  |  |  | After One |  |  |  |  |  |  |
|  | Within |  |  | Year Within |  |  | After |  |  |  |
|  | One Year |  |  | Five Years |  |  | Five Years |  |  | Total |
Consumer Real Estate |  | $ | 8,890 |  |  | $ | 34,961 |  |  | $ | 456,556 |  |  | $ | 500,407 |
Agricultural Real Estate |  |  | 525 |  |  |  | 7,116 |  |  |  | 214,297 |  |  |  | 221,938 |
Agricultural |  |  | 59,119 |  |  |  | 47,113 |  |  |  | 22,544 |  |  |  | 128,776 |
Commercial Real Estate |  |  | 26,670 |  |  |  | 336,890 |  |  |  | 789,304 |  |  |  | 1,152,864 |
Commercial and Industrial |  |  | 81,552 |  |  |  | 108,729 |  |  |  | 52,715 |  |  |  | 242,996 |
Consumer |  |  | 2,089 |  |  |  | 47,052 |  |  |  | 40,357 |  |  |  | 89,498 |
Other |  |  | 235 |  |  |  | 1,219 |  |  |  | 28,375 |  |  |  | 29,829 |
|  | $ | 179,080 |  |  | $ | 583,080 |  |  | $ | 1,604,148 |  |  | $ | 2,366,308 |
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 December 31, 2022:
|  | (In Thousands) |
|  | Fixed |  |  | Variable |
|  | Rate |  |  | Rate |
Consumer Real Estate |  | $ | 354,420 |  |  | $ | 140,003 |
Agricultural Real Estate |  |  | 144,702 |  |  |  | 76,117 |
Agricultural |  |  | 52,867 |  |  |  | 75,866 |
Commercial Real Estate |  |  | 941,927 |  |  |  | 210,676 |
Commercial and Industrial |  |  | 130,513 |  |  |  | 111,847 |
Consumer |  |  | 88,972 |  |  |  | 175 |
Other |  |  | 20,029 |  |  |  | 9,789 |
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 past due loans by portfolio classification of loans as of December 31, 2022 and 2021, net of deferred loan fees and costs:
December 31, 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 |  | $ | 1,536 |  |  | $ | 635 |  |  | $ | 90 |  |  | $ | 2,261 |  |  | $ | 492,162 |  |  | $ | 494,423 |  |  | $ | - |
Agricultural Real Estate |  |  | 118 |  |  |  | 2 |  |  |  | 1,550 |  |  |  | 1,670 |  |  |  | 218,844 |  |  |  | 220,514 |  |  |  | - |
Agricultural |  |  | 433 |  |  |  | - |  |  |  | 152 |  |  |  | 585 |  |  |  | 128,341 |  |  |  | 128,926 |  |  |  | - |
Commercial Real Estate |  |  | 74 |  |  |  | - |  |  |  | 180 |  |  |  | 254 |  |  |  | 1,150,257 |  |  |  | 1,150,511 |  |  |  | - |
Commercial and Industrial |  |  | 953 |  |  |  | - |  |  |  | 182 |  |  |  | 1,135 |  |  |  | 270,984 |  |  |  | 272,119 |  |  |  | - |
Consumer |  |  | 83 |  |  |  | 37 |  |  |  | - |  |  |  | 120 |  |  |  | 89,774 |  |  |  | 89,894 |  |  |  | - |
Total |  | $ | 3,197 |  |  | $ | 674 |  |  | $ | 2,154 |  |  | $ | 6,025 |  |  | $ | 2,350,362 |  |  | $ | 2,356,387 |  |  | $ | - |
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 portfolio class of loans as of December 31, 2022 and December 31, 2021:
|  | (In Thousands) |
|  | 2022 |  |  | 2021 |
Consumer Real Estate |  | $ | 612 |  |  | $ | 824 |
Agricultural Real Estate |  |  | 1,921 |  |  |  | 6,477 |
Agriculture |  |  | 152 |  |  |  | 20 |
Commercial Real Estate |  |  | 903 |  |  |  | 600 |
Commercial and Industrial |  |  | 1,096 |  |  |  | 149 |
Consumer |  |  | 5 |  |  |  | 6 |
Total |  | $ | 4,689 |  |  | $ | 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, based on the most recent analysis performed as of the time periods shown of December 31, 2022 and December 31, 2021.
|  | (In Thousands) |
|  | Agricultural Real Estate |  |  | Agricultural |  |  | Commercial Real Estate |  |  | Commercial and Industrial |  |  | Other |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
1-2 |  | $ | 9,912 |  |  | $ | 8,720 |  |  | $ | 5,857 |  |  | $ | 4,178 |  |  | $ | 8,718 |  |  | $ | 10,894 |  |  | $ | 780 |  |  | $ | 4,604 |  |  | $ | - |  |  | $ | - |
3 |  |  | 47,405 |  |  |  | 42,180 |  |  |  | 33,671 |  |  |  | 38,623 |  |  |  | 370,035 |  |  |  | 238,132 |  |  |  | 67,506 |  |  |  | 46,547 |  |  |  | 10,921 |  |  |  | 11,408 |
4 |  |  | 146,143 |  |  |  | 129,301 |  |  |  | 88,992 |  |  |  | 75,164 |  |  |  | 737,745 |  |  |  | 568,038 |  |  |  | 167,291 |  |  |  | 152,736 |  |  |  | 18,897 |  |  |  | 20,681 |
5 |  |  | 10,389 |  |  |  | 4,599 |  |  |  | 228 |  |  |  | 227 |  |  |  | 9,751 |  |  |  | 14,509 |  |  |  | 3,592 |  |  |  | 986 |  |  |  | - |  |  |  | - |
6 |  |  | 6,665 |  |  |  | 13,233 |  |  |  | 178 |  |  |  | 312 |  |  |  | 24,262 |  |  |  | 15,537 |  |  |  | 3,132 |  |  |  | 3,176 |  |  |  | - |  |  |  | - |
7 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
8 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 220,514 |  |  | $ | 198,033 |  |  | $ | 128,926 |  |  | $ | 118,504 |  |  | $ | 1,150,511 |  |  | $ | 847,110 |  |  | $ | 242,301 |  |  | $ | 208,049 |  |  | $ | 29,818 |  |  | $ | 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 December 31, 2022 and December 31, 2021.
|  | (In Thousands) |
|  | Consumer Real Estate |
|  | 2022 |  |  | 2021 |
Grade |  |  |  |  |  |
Pass |  | $ | 492,575 |  |  | $ | 392,940 |
Special mention (5) |  |  | 676 |  |  |  | 1,673 |
Substandard (6) |  |  | 1,172 |  |  |  | 1,192 |
Doubtful (7) |  |  | - |  |  |  | - |
Total |  | $ | 494,423 |  |  | $ | 395,805 |
|  | (In Thousands) |
|  | Consumer - Credit Card |  |  | Consumer - Other |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Performing |  | $ | - |  |  | $ | 3,906 |  |  | $ | 89,853 |  |  | $ | 53,820 |
Nonperforming |  |  | - |  |  |  | 13 |  |  |  | 41 |  |  |  | 90 |
Total |  | $ | - |  |  | $ | 3,919 |  |  | $ | 89,894 |  |  | $ | 53,910 |
Schedule of Impaired Loans | Information about impaired loans as of and for the years ended December 31, 2022 and 2021 is as follows:
|  | (In Thousands) |
|  | 2022 |  |  | 2021 |
Impaired loans without a valuation allowance |  | $ | 4,194 |  |  | $ | 1,228 |
Impaired loans with a valuation allowance |  |  | 4,663 |  |  |  | 10,711 |
Total impaired loans |  | $ | 8,857 |  |  | $ | 11,939 |
Valuation allowance related to impaired loans |  | $ | 1,996 |  |  | $ | 2,184 |
Total nonaccrual loans |  | $ | 4,689 |  |  | $ | 8,076 |
Total loans past-due ninety days or more and still accruing |  | $ | - |  |  | $ | - |
|  | (In Thousands) |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Average investment in impaired loans |  | $ | 10,710 |  |  | $ | 12,247 |  |  | $ | 10,232 |
Interest income recognized on impaired loans |  | $ | 361 |  |  | $ | 292 |  |  | $ | 269 |
Interest income recognized on a cash basis on impaired loans |  | $ | 97 |  |  | $ | 188 |  |  | $ | 135 |
Impaired Loans Classified as Troubled Debt Restructured |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  | December 31, 2021 |  |  |  |  |  |  |  |  |
|  |  |  |  | (In thousands) |  |  |  |  |  |  |  | (In thousands) |
Troubled Debt Restructurings |  | Number of Contracts Modified in the Last 12 Months |  |  | Pre- Modification Outstanding Recorded Investment |  |  | Post- Modification Outstanding Recorded Investment |  |  | Troubled Debt Restructurings |  | Number of Contracts Modified in the Last 12 Months |  |  | Pre- Modification Outstanding Recorded Investment |  |  | Post- Modification Outstanding Recorded Investment |
Consumer Real Estate |  |  | 1 |  |  | $ | 95 |  |  | $ | 95 |  |  | Consumer Real Estate |  |  | - |  |  | $ | - |  |  | $ | - |
Agricultural Real Estate |  |  | - |  |  |  | - |  |  |  | - |  |  | Agricultural Real Estate |  |  | 1 |  |  |  | 1,655 |  |  |  | 1,655 |
Agricultural |  |  | - |  |  |  | - |  |  |  | - |  |  | Agricultural |  |  | - |  |  |  | - |  |  |  | - |
Commercial Real Estate |  |  | 1 |  |  |  | 74 |  |  |  | 74 |  |  | Commercial Real Estate |  |  | 1 |  |  |  | 382 |  |  |  | 382 |
Commercial and Industrial |  |  | 2 |  |  |  | 1,232 |  |  |  | 1,232 |  |  | Commercial and Industrial |  |  | 1 |  |  |  | 1,000 |  |  |  | 1,000 |
Loans Individually Evaluated for Impairment by Portfolio Class of Loans | The following tables present loans individually evaluated for impairment by portfolio class of loans as of December 31, 2022 and 2021:
|  | (In Thousands) |
2022 |  | Recorded Investment |  |  | Unpaid Principal Balance |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |  |  | Interest Income Recognized Cash Basis |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer Real Estate |  | $ | 509 |  |  | $ | 509 |  |  | $ | - |  |  | $ | 355 |  |  | $ | 5 |  |  | $ | 12 |
Agricultural Real Estate |  |  | 2,280 |  |  |  | 2,385 |  |  |  | - |  |  |  | 2,048 |  |  |  | 25 |  |  |  | 6 |
Agricultural |  |  | 152 |  |  |  | 152 |  |  |  | - |  |  |  | 588 |  |  |  | - |  |  |  | 2 |
Commercial Real Estate |  |  | 1,234 |  |  |  | 1,272 |  |  |  | - |  |  |  | 1,252 |  |  |  | 29 |  |  |  | 43 |
Commercial and Industrial |  |  | 17 |  |  |  | 417 |  |  |  | - |  |  |  | 135 |  |  |  | 2 |  |  |  | 10 |
Consumer |  |  | 2 |  |  |  | 2 |  |  |  | - |  |  |  | 15 |  |  |  | 1 |  |  |  | - |
With a specific allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer Real Estate |  |  | 60 |  |  |  | 60 |  |  |  | 6 |  |  |  | 15 |  |  |  | - |  |  |  | 1 |
Agricultural Real Estate |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,388 |  |  |  | - |  |  |  | - |
Agricultural |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Commercial Real Estate |  |  | 2,874 |  |  |  | 2,874 |  |  |  | 438 |  |  |  | 3,176 |  |  |  | 150 |  |  |  | - |
Commercial and Industrial |  |  | 1,564 |  |  |  | 1,564 |  |  |  | 1,551 |  |  |  | 1,736 |  |  |  | 149 |  |  |  | 23 |
Consumer |  |  | 165 |  |  |  | 165 |  |  |  | 1 |  |  |  | 2 |  |  |  | - |  |  |  | - |
Totals: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer Real Estate |  | $ | 569 |  |  | $ | 569 |  |  | $ | 6 |  |  | $ | 370 |  |  | $ | 5 |  |  | $ | 13 |
Agricultural Real Estate |  | $ | 2,280 |  |  | $ | 2,385 |  |  | $ | - |  |  | $ | 3,436 |  |  | $ | 25 |  |  | $ | 6 |
Agricultural |  | $ | 152 |  |  | $ | 152 |  |  | $ | - |  |  | $ | 588 |  |  | $ | - |  |  | $ | 2 |
Commercial Real Estate |  | $ | 4,108 |  |  | $ | 4,146 |  |  | $ | 438 |  |  | $ | 4,428 |  |  | $ | 179 |  |  | $ | 43 |
Commercial and Industrial |  | $ | 1,581 |  |  | $ | 1,981 |  |  | $ | 1,551 |  |  | $ | 1,871 |  |  | $ | 151 |  |  | $ | 33 |
Consumer |  | $ | 167 |  |  | $ | 167 |  |  | $ | 1 |  |  | $ | 17 |  |  | $ | 1 |  |  | $ | - |
|  | (In Thousands) |
2021 |  | Recorded Investment |  |  | Unpaid Principal Balance |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |  |  | Interest Income 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 |  |  | $ | - |
Summary of Activities in Allowance for Credit Losses | The following is an analysis of the allowance for credit losses for the years ended December 31:
|  | (In Thousands) |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Allowance for Loan Losses |  |  |  |  |  |  |  |  |
Balance at beginning of year |  | $ | 16,242 |  |  | $ | 13,672 |  |  | $ | 7,228 |
Provision for loan loss |  |  | 4,600 |  |  |  | 3,444 |  |  |  | 6,981 |
Loans charged off |  |  | (827 | ) |  |  | (1,332 | ) |  |  | (720 | )
Recoveries |  |  | 298 |  |  |  | 458 |  |  |  | 183 |
Balance at ending of year |  | $ | 20,313 |  |  | $ | 16,242 |  |  | $ | 13,672 |
Allowance for Unfunded Loan Commitments & Letters of Credit |  | $ | 1,262 |  |  | $ | 1,041 |  |  | $ | 641 |
Total Allowance for Credit Losses |  | $ | 21,575 |  |  | $ | 17,283 |  |  | $ | 14,313 |
Analysis of Allowance for Credit Losses | Additional analysis related to the allowance for credit losses as of December 31, 2022 and 2021 is as follows:
|  | (In Thousands) |
2022 |  | 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: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 857 |  |  | $ | 1,040 |  |  | $ | 709 |  |  | $ | 9,130 |  |  | $ | 3,847 |  |  | $ | 625 |  |  | $ | 1,041 |  |  | $ | 34 |  |  | $ | 17,283 |
Charge-Offs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (418 | ) |  |  | (409 | ) |  |  | - |  |  |  | - |  |  |  | (827 | )
Recoveries |  |  | 20 |  |  |  | - |  |  |  | 7 |  |  |  | 9 |  |  |  | 93 |  |  |  | 169 |  |  |  | - |  |  |  | - |  |  |  | 298 |
Provision |  |  | 121 |  |  |  | (691 | ) |  |  | 35 |  |  |  | 2,785 |  |  |  | 1,860 |  |  |  | 506 |  |  |  | - |  |  |  | (16 | ) |  |  | 4,600 |
Other Non-interest expense related to unfunded |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 221 |  |  |  | - |  |  |  | 221 |
Ending Balance |  | $ | 998 |  |  | $ | 349 |  |  | $ | 751 |  |  | $ | 11,924 |  |  | $ | 5,382 |  |  | $ | 891 |  |  | $ | 1,262 |  |  | $ | 18 |  |  | $ | 21,575 |
Ending balance: individually evaluated for impairment |  | $ | 6 |  |  | $ | - |  |  | $ | - |  |  | $ | 438 |  |  | $ | 1,551 |  |  | $ | 1 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,996 |
Ending balance: collectively evaluated for impairment |  | $ | 992 |  |  | $ | 349 |  |  | $ | 751 |  |  | $ | 11,486 |  |  | $ | 3,831 |  |  | $ | 890 |  |  | $ | 1,262 |  |  | $ | 18 |  |  | $ | 19,579 |
Ending balance: loans acquired with deteriorated credit quality |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
FINANCING RECEIVABLES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 494,423 |  |  | $ | 220,514 |  |  | $ | 128,926 |  |  | $ | 1,150,511 |  |  | $ | 272,119 |  |  | $ | 89,894 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,356,387 |
Ending balance: individually evaluated for impairment |  | $ | 569 |  |  | $ | 2,280 |  |  | $ | 152 |  |  | $ | 4,108 |  |  | $ | 1,581 |  |  | $ | 167 |  |  | $ | - |  |  | $ | - |  |  | $ | 8,857 |
Ending balance: collectively evaluated for impairment |  | $ | 493,449 |  |  | $ | 218,039 |  |  | $ | 128,774 |  |  | $ | 1,146,389 |  |  | $ | 270,493 |  |  | $ | 89,727 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,346,871 |
Ending balance: loans acquired with deteriorated credit quality |  | $ | 405 |  |  | $ | 195 |  |  | $ | - |  |  | $ | 14 |  |  | $ | 45 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 659 |
|  | (In Thousands) |
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: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 633 |  |  | $ | 958 |  |  | $ | 701 |  |  | $ | 7,415 |  |  | $ | 3,346 |  |  | $ | 606 |  |  | $ | 641 |  |  | $ | 13 |  |  | $ | 14,313 |
Charge-Offs |  |  | (19 | ) |  |  | (105 | ) |  |  | (143 | ) |  |  | - |  |  |  | (814 | ) |  |  | (251 | ) |  |  | - |  |  |  | - |  |  |  | (1,332 | )
Recoveries |  |  | 13 |  |  |  | - |  |  |  | 14 |  |  |  | 10 |  |  |  | 257 |  |  |  | 164 |  |  |  | - |  |  |  | - |  |  |  | 458 |
Provision (Credit) |  |  | 230 |  |  |  | 187 |  |  |  | 137 |  |  |  | 1,705 |  |  |  | 1,058 |  |  |  | 106 |  |  |  | - |  |  |  | 21 |  |  |  | 3,444 |
Other Non-interest expense related to unfunded |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 400 |  |  |  | - |  |  |  | 400 |
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 |

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