Loans (Tables)

9 Months Ended

Sep. 30, 2024

Loan Portfolio and Allowance for Credit Losses

The following table summarizes the primary segments of the loan portfolio and how those segments are analyzed within the allowance for credit losses - loans as of September 30, 2024 and December 31, 2023 (in thousands):

	September 30, 2024		December 31, 2023
Real estate loans:
Residential	$	353,254	$	359,990
Commercial		1,110,548		1,092,887
Agricultural		331,734		314,802
Construction		178,706		195,826
Consumer		143,064		61,316
Other commercial loans		134,285		136,168
Other agricultural loans		24,537		30,673
State and political subdivision loans		54,874		57,174
Total		2,331,002		2,248,836
Allowance for credit losses - loans		21,695		21,153
Net loans	$	2,309,307	$	2,227,683

Components of the Allowance for Credit Losses

The following table presents the components of the allowance for credit losses as of September 30, 2024 and December 31, 2023 (in thousands):

	September 30, 2024		December 31, 2023
Allowance for Credit Losses - Loans	$	21,695	$	21,153
Allowance for Credit Losses - Off-Balance Sheet credit Exposure		766		1,265
Total allowance for credit losses	$	22,461	$	22,418

Activity in Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses for the three and nine months ended September 30, 2024 and 2023 (in thousands):

	Allowance for Credit Losses - Loans			Allowance for Credit Losses - Off- Balance Sheet Credit Exposure			Total
Balance at June 30, 2024	$	22,797		$	1,066		$	23,863
Loans charged-off		(1,212	)		-			(1,212	)
Recoveries of loans previously charged-off		10			-			10
Net loans charged-off		(1,202	)		-			(1,202	)
Provision for credit losses		100			(300	)		(200	)
Balance at September 30, 2024	$	21,695		$	766		$	22,461

	Allowance for Credit Losses - Loans			Allowance for Credit Losses - Off- Balance Sheet Credit Exposure			Total
Balance at December 31, 2023	$	21,153		$	1,265		$	22,418
Loans charged-off		(2,568	)		-			(2,568	)
Recoveries of loans previously charged-off		24			-			24
Net loans charged-off		(2,544	)		-			(2,544	)
Provision for credit losses		3,086			(499	)		2,587
Balance at September 30, 2024	$	21,695		$	766		$	22,461

	Allowance for Credit Losses - Loans			Allowance for Credit Losses - Off- Balance Sheet Credit Exposure			Total
Balance at June 30, 2023	$	21,652		$	1,391		$	23,043
Loans charged-off		(808	)		-			(808	)
Recoveries of loans previously charged-off		10			-			10
Net loans charged-off		(798	)		-			(798	)
Provision for credit losses		601			(126	)		475
Balance at September 30, 2023	$	21,455		$	1,265		$	22,720

	Allowance for Credit Losses - Loans			Allowance for Credit Losses - Off- Balance Sheet Credit Exposure		Total
Balance at December 31, 2022	$	18,552		$	165	$	18,717
Impact of adopting CECL		(3,300	)		1,064		(2,236	)
Allowance for credit loss on PCD acquired loans		1,689			-		1,689
Loans charged-off		(819	)		-		(819	)
Recoveries of loans previously charged-off		41			-		41
Net loans charged-off		(778	)		-		(778	)
Provision for credit losses - acquisition day 1 non-PCD		4,591			-		4,591
Provision for credit losses		701			36		737
Balance at September 30, 2023	$	21,455		$	1,265	$	22,720

Activity of Allowance for Credit Losses - Loans by Portfolio Segment

The following tables presents the activity in the allowance for credit losses – loans, by portfolio segment, for the three and nine months ended September 30, 2024 and 2023 (in thousands):

	For the three months ended September 30, 2024
	Balance at June 30, 2024		Charge-offs			Recoveries		Provision			Balance at September 30, 2024
Real estate loans:
Residential	$	2,355	$	(4	)	$	-	$	(365	)	$	1,986
Commercial		10,283		-			-		(996	)		9,287
Agricultural		3,770		-			-		45			3,815
Construction		1,627		-			-		(156	)		1,471
Consumer		1,211		(25	)		6		175			1,367
Other commercial loans		3,256		(1,183	)		4		(253	)		1,824
Other agricultural loans		206		-			-		(90	)		116
State and political subdivision loans		63		-			-		-			63
Unallocated		26		-			-		1,740			1,766
Total	$	22,797	$	(1,212	)	$	10	$	100		$	21,695

	For the nine months ended September 30, 2024
	Balance at December 31, 2023		Charge-offs			Recoveries		Provision			Balance at September 30, 2024
Real estate loans:
Residential	$	2,354	$	(4	)	$	-	$	(364	)	$	1,986
Commercial		9,178		-			-		109			9,287
Agricultural		3,264		-			-		551			3,815
Construction		1,950		-			-		(479	)		1,471
Consumer		1,496		(62	)		16		(83	)		1,367
Other commercial loans		2,229		(2,502	)		8		2,089			1,824
Other agricultural loans		270		-			-		(154	)		116
State and political subdivision loans		45		-			-		18			63
Unallocated		367		-			-		1,399			1,766
Total	$	21,153	$	(2,568	)	$	24	$	3,086		$	21,695

	For the three months ended September 30, 2023
	Balance at June 30, 2023		Charge-offs			Recoveries		Provision			Balance at September 30, 2023
Real estate loans:
Residential	$	2,675	$	-		$	-	$	(110	)	$	2,565
Commercial		9,274		-			2		(91	)		9,185
Agricultural		3,579		-			-		(104	)		3,475
Construction		1,667		-			-		166			1,833
Consumer		1,259		(45	)		3		503			1,720
Other commercial loans		2,477		(763	)		5		353			2,072
Other agricultural loans		268		-			-		(39	)		229
State and political subdivision loans		52		-			-		(4	)		48
Unallocated		401		-			-		(73	)		328
Total	$	21,652	$	(808	)	$	10	$	601		$	21,455

	For the nine months ended September 30, 2023
	Balance at December 31, 2022		Impact of adopting CECL			Allowance for credit loss on PCD acquired loans		Charge-offs			Recoveries		Provision			Balance at September 30, 2023
Real estate loans:
Residential	$	1,056	$	79		$	108	$	(1	)	$	-	$	1,323		$	2,565
Commercial		10,120		(3,070	)		39		-			2		2,094			9,185
Agricultural		4,589		(1,145	)		37		-			-		(6	)		3,475
Construction		801		(103	)				-			-		1,135			1,833
Consumer		135		1,040			677		(55	)		30		(107	)		1,720
Other commercial loans		1,040		(328	)		828		(763	)		9		1,286			2,072
Other agricultural loans		489		(219	)		-		-			-		(41	)		229
State and political subdivision loans		322		(280	)		-		-			-		6			48
Unallocated		-		726			-		-			-		(398	)		328
Total	$	18,552	$	(3,300	)	$	1,689	$	(819	)	$	41	$	5,292		$	21,455

Loans and Allowance for Credit Losses by Portfolio Segment

The following table presents the allowance for credit losses – loans and amortized cost basis of loans under CECL methodology as of September 30, 2024 and December 31, 2023:

	Allowance for Credit Losses - Loans						Loans
September 30, 2024	Collectively evaluated		Individually evaluated		Total Allowance for Credit Losses - Loans		Collectively evaluated		Individually evaluated		Total Loans
Real estate loans:
Residential	$	1,947	$	39	$	1,986	$	351,748	$	1,506	$	353,254
Commercial		9,188		99		9,287		1,098,389		12,159		1,110,548
Agricultural		3,813		2		3,815		329,318		2,416		331,734
Construction		1,471		-		1,471		176,758		1,948		178,706
Consumer		510		857		1,367		142,107		957		143,064
Other commercial loans		1,313		511		1,824		132,323		1,962		134,285
Other agricultural loans		116		-		116		24,343		194		24,537
State and political subdivision loans		63		-		63		54,874		-		54,874
Unallocated		1,766		-		1,766		-		-		-
Total	$	20,187	$	1,508	$	21,695	$	2,309,860	$	21,142	$	2,331,002

	Allowance for Credit Losses - Loans						Loans
December 31, 2023	Collectively evaluated		Individually evaluated		Total Allowance for Credit Losses - Loans		Collectively evaluated		Individually evaluated		Total Loans
Real estate loans:
Residential	$	2,285	$	69	$	2,354	$	358,358	$	1,632	$	359,990
Commercial		9,033		145		9,178		1,090,217		2,670		1,092,887
Agricultural		3,247		17		3,264		311,500		3,302		314,802
Construction		1,664		286		1,950		193,469		2,357		195,826
Consumer		557		939		1,496		60,377		939		61,316
Other commercial loans		1,713		516		2,229		134,472		1,696		136,168
Other agricultural loans		270		-		270		30,388		285		30,673
State and political subdivision loans		45		-		45		57,174		-		57,174
Unallocated		367		-		367		-		-		-
Total	$	19,181	$	1,972	$	21,153	$	2,235,955	$	12,881	$	2,248,836

Loan Receivables on Nonaccrual Status

The following table reflects the non-performing loan receivables, as well as those on non-accrual status as of September 30, 2024 and December 31, 2023, respectively. The balances are presented by class of loan receivable (in thousands):

	September 30, 2024								December 31, 2023
	Nonaccrual With a related allowance		Nonaccrual Without a related allowance		90 days or greater past due and accruing		Total non- performing loans		Nonaccrual With a related allowance		Nonaccrual Without a related allowance		90 days or greater past due and accruing		Total non-performing loans
Real estate loans:
Mortgages	$	166	$	2,351	$	256	$	2,773	$	315	$	2,646	$	-	$	2,961
Home Equity		-		148		-		148		-		121		18		139
Commercial		1,230		9,588		353		11,171		256		879		404		1,539
Agricultural		166		2,250		28		2,444		181		2,489		75		2,745
Construction		-		1,948		-		1,948		2,357		-		-		2,357
Consumer		855		-		12		867		701		-		13		714
Other commercial loans		1,946		16		52		2,014		588		1,162		6		1,756
Other agricultural loans		-		194		-		194		-		492		-		492
	$	4,363	$	16,495	$	701	$	21,559	$	4,398	$	7,789	$	516	$	12,703

Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans and Leases

The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of September 30, 2024 and December 31, 2023 (in thousands):

September 30, 2024	Real Estate		Business Assets		None		Total
Real estate loans:
Mortgages	$	2,517	$	-	$	-	$	2,517
Home Equity		148		-		-		148
Commercial		10,818		-		-		10,818
Agricultural		2,416		-		-		2,416
Construction		1,948		-		-		1,948
Consumer		-		-		855		855
Other commercial loans		-		1,962		-		1,962
Other agricultural loans		-		194		-		194
	$	17,847	$	2,156	$	855	$	20,858

December 31, 2023	Real Estate		Business Assets		None		Total
Real estate loans:
Mortgages	$	2,961	$	-	$	-	$	2,961
Home Equity		121		-		-		121
Commercial		1,135		-		-		1,135
Agricultural		2,670		-		-		2,670
Construction		2,357		-		-		2,357
Consumer		-		-		701		701
Other commercial loans		-		1,750		-		1,750
Other agricultural loans		-		492		-		492
	$	9,244	$	2,242	$	701	$	12,187

Financing Receivable Credit Exposures by Internally Assigned Grades, by Origination Year

The following tables represent credit exposures by internally assigned grades, by origination year, as of September 30, 2024 and December 31, 2023 (in thousands):

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
September 30, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		to Term		Total
Commercial real estate
Risk Rating
Pass	$	38,080	$	87,934	$	348,635	$	204,747	$	113,932	$	232,156	$	29,762	$	1,821	$	1,057,067
Special Mention		-		813		10,395		3,361		1,384		8,573		1,917		-		26,443
Substandard		-		572		13,832		545		545		10,784		356		404		27,038
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	38,080	$	89,319	$	372,862	$	208,653	$	115,861	$	251,513	$	32,035	$	2,225	$	1,110,548
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Agricultural real estate
Risk Rating
Pass	$	26,932	$	25,900	$	47,419	$	26,858	$	30,231	$	132,022	$	14,143	$	117	$	303,622
Special Mention		2,883		140		10,072		241		-		6,102		1,960		28		21,426
Substandard		249		39		334		1,027		-		3,868		747		422		6,686
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	30,064	$	26,079	$	57,825	$	28,126	$	30,231	$	141,992	$	16,850	$	567	$	331,734
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Construction
Risk Rating
Pass	$	30,661	$	54,158	$	73,526	$	5,829	$	3,487	$	-	$	1,120	$	-	$	168,781
Special Mention		-		-		4,614		2,951		-		-		-		-		7,565
Substandard		-		-		412		1,948		-		-		-		-		2,360
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	30,661	$	54,158	$	78,552	$	10,728	$	3,487	$	-	$	1,120	$	-	$	178,706
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Other commercial loans
Risk Rating
Pass	$	32,035	$	22,623	$	7,487	$	6,676	$	2,339	$	3,758	$	47,044	$	78	$	122,040
Special Mention		330		-		1,848		1,384		-		65		5,189		33		8,849
Substandard		178		-		27		-		257		911		345		1,662		3,380
Doubtful		-		-		-		-		-		-		-		16		16
Total	$	32,543	$	22,623	$	9,362	$	8,060	$	2,596	$	4,734	$	52,578	$	1,789	$	134,285
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	2,502	$	-	$	2,502

Other agricultural loans
Risk Rating
Pass	$	4,051	$	2,127	$	992	$	4,391	$	457	$	268	$	9,148	$	-	$	21,434
Special Mention		626		-		372		365		-		-		760		-		2,123
Substandard		220		356		85		10		-		167		125		17		980
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	4,897	$	2,483	$	1,449	$	4,766	$	457	$	435	$	10,033	$	17	$	24,537
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

State and political subdivision loans
Risk Rating
Pass	$	-	$	1,458	$	13,497	$	10,664	$	5,357	$	23,898	$	-	$	-	$	54,874
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	-	$	1,458	$	13,497	$	10,664	$	5,357	$	23,898	$	-	$	-	$	54,874
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Total
Risk Rating
Pass	$	131,759	$	194,200	$	491,556	$	259,165	$	155,803	$	392,102	$	101,217	$	2,016	$	1,727,818
Special Mention		3,839		953		27,301		8,302		1,384		14,740		9,826		61		66,406
Substandard		647		967		14,690		3,530		802		15,730		1,573		2,505		40,444
Doubtful		-		-		-		-		-		-		-		16		16
Total	$	136,245	$	196,120	$	533,547	$	270,997	$	157,989	$	422,572	$	112,616	$	4,598	$	1,834,684
Total current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	2,502	$	-	$	2,502

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		to Term		Total
Commercial real estate
Risk Rating
Pass	$	90,068	$	333,710	$	224,873	$	122,560	$	81,557	$	180,799	$	28,360	$	1,140	$	1,063,067
Special Mention		672		7,963		227		1,552		7,442		8,159		96		60		26,171
Substandard		-		1,302		6		-		158		1,444		317		422		3,649
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	90,740	$	342,975	$	225,106	$	124,112	$	89,157	$	190,402	$	28,773	$	1,622	$	1,092,887
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Agricultural real estate
Risk Rating
Pass	$	22,632	$	47,479	$	28,990	$	32,058	$	25,406	$	118,700	$	10,495	$	460	$	286,220
Special Mention		574		9,165		1,499		-		962		7,038		3,535		-		22,773
Substandard		-		-		-		-		102		5,394		75		238		5,809
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	23,206	$	56,644	$	30,489	$	32,058	$	26,470	$	131,132	$	14,105	$	698	$	314,802
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Construction
Risk Rating
Pass	$	54,973	$	102,562	$	22,508	$	-	$	-	$	-	$	839	$	1,166	$	182,048
Special Mention		1,574		5,432		4,415		-		-		-		-		-		11,421
Substandard		-		-		2,357		-		-		-		-		-		2,357
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	56,547	$	107,994	$	29,280	$	-	$	-	$	-	$	839	$	1,166	$	195,826
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Other commercial loans
Risk Rating
Pass	$	31,493	$	11,407	$	9,016	$	4,793	$	4,758	$	3,530	$	63,285	$	93	$	128,375
Special Mention		51		52		1,510		184		223		629		1,652		36		4,337
Substandard		52		97		-		-		149		967		502		1,667		3,434
Doubtful		-		-		-		-		-		-		-		22		22
Total	$	31,596	$	11,556	$	10,526	$	4,977	$	5,130	$	5,126	$	65,439	$	1,818	$	136,168
Current period gross charge-offs	$	200	$	-	$	-	$	763	$	-	$	-	$	-	$	-	$	963

Other agricultural loans
Risk Rating
Pass	$	3,902	$	1,520	$	6,448	$	1,046	$	532	$	305	$	15,331	$	-	$	29,084
Special Mention		-		473		16		42		-		-		488		29		1,048
Substandard		-		-		207		-		4		255		44		31		541
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	3,902	$	1,993	$	6,671	$	1,088	$	536	$	560	$	15,863	$	60	$	30,673
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

State and political subdivision loans
Risk Rating
Pass	$	1,623	$	14,171	$	10,841	$	5,235	$	-	$	25,294	$	10	$	-	$	57,174
Special Mention		-		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		-		-		-		-
Total	$	1,623	$	14,171	$	10,841	$	5,235	$	-	$	25,294	$	10	$	-	$	57,174
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Total
Risk Rating
Pass	$	204,691	$	510,849	$	302,676	$	165,692	$	112,253	$	328,628	$	118,320	$	2,859	$	1,745,968
Special Mention		2,871		23,085		7,667		1,778		8,627		15,826		5,771		125		65,750
Substandard		52		1,399		2,570		-		413		8,060		938		2,358		15,790
Doubtful		-		-		-		-		-		-		-		22		22
Total	$	207,614	$	535,333	$	312,913	$	167,470	$	121,293	$	352,514	$	125,029	$	5,364	$	1,827,530
Current period gross charge-offs	$	200	$	-	$	-	$	763	$	-	$	-	$	-	$	-	$	963

For residential real estate mortgage loans, home equity loans, and consumer loans, credit quality is monitored based on whether the loan is performing or non-performing, which is typically based on the aging status of the loan and payment activity, unless a specific action, such as bankruptcy, repossession, death or significant delay in payment occurs to raise awareness of a possible credit event. Non-performing loans include those loans that are considered nonaccrual, described in more detail above, and all loans past due 90 or more days and still accruing. The following tables present the recorded investment in those loan classes based on payment activity, by origination year, as of September 30, 2024 and December 31, 2023 (in thousands):

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
September 30, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		to Term		Total
Residential real estate
Payment Performance
Performing	$	7,235	$	22,622	$	90,094	$	46,422	$	28,023	$	106,310	$	-	$	-	$	300,706
Nonperforming		-		-		382		860		468		1,063		-		-		2,773
Total	$	7,235	$	22,622	$	90,476	$	47,282	$	28,491	$	107,373	$	-	$	-	$	303,479
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	4	$	-	$	-	$	4

Home equity
Payment Performance
Performing	$	2,300	$	3,628	$	2,508	$	1,582	$	1,663	$	8,517	$	28,985	$	444	$	49,627
Nonperforming		-		-		-		-		66		82		-		-		148
Total	$	2,300	$	3,628	$	2,508	$	1,582	$	1,729	$	8,599	$	28,985	$	444	$	49,775
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Consumer
Payment Performance
Performing	$	1,696	$	1,060	$	650	$	440	$	342	$	2,627	$	135,381	$	1	$	142,197
Nonperforming		-		4		2		-		6		855		-		-		867
Total	$	1,696	$	1,064	$	652	$	440	$	348	$	3,482	$	135,381	$	1	$	143,064
Current period gross charge-offs	$	-	$	10	$	25	$	-	$	-	$	5	$	22	$	-	$	62

Total
Payment Performance
Performing	$	11,231	$	27,310	$	93,252	$	48,444	$	30,028	$	117,454	$	164,366	$	445	$	492,530
Nonperforming		-		4		384		860		540		2,000		-		-		3,788
Total	$	11,231	$	27,314	$	93,636	$	49,304	$	30,568	$	119,454	$	164,366	$	445	$	496,318
Current period gross charge-offs	$	-	$	10	$	25	$	-	$	-	$	9	$	22	$	-	$	66

													Revolving		Revolving
													Loans		Loans
													Amortized		Converted
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		to Term		Total
Residential real estate
Payment Performance
Performing	$	19,082	$	93,706	$	47,774	$	29,940	$	18,923	$	97,813	$	-	$	-	$	307,238
Nonperforming		-		399		766		396		-		1,400		-		-		2,961
Total	$	19,082	$	94,105	$	48,540	$	30,336	$	18,923	$	99,213	$	-	$	-	$	310,199
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	1	$	-	$	-	$	1

Home equity
Payment Performance
Performing	$	3,877	$	3,008	$	1,886	$	1,954	$	2,462	$	7,883	$	28,219	$	363	$	49,652
Nonperforming		-		-		-		-		-		72		67		-		139
Total	$	3,877	$	3,008	$	1,886	$	1,954	$	2,462	$	7,955	$	28,286	$	363	$	49,791
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Consumer
Payment Performance
Performing	$	1,803	$	979	$	539	$	477	$	557	$	2,988	$	53,254	$	5	$	60,602
Nonperforming		-		21		-		-		-		693		-		-		714
Total	$	1,803	$	1,000	$	539	$	477	$	557	$	3,681	$	53,254	$	5	$	61,316
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	1	$	341	$	23	$	-	$	365

Total
Payment Performance
Performing	$	24,762	$	97,693	$	50,199	$	32,371	$	21,942	$	108,684	$	81,473	$	368	$	417,492
Nonperforming		-		420		766		396		-		2,165		67		-		3,814
Total	$	24,762	$	98,113	$	50,965	$	32,767	$	21,942	$	110,849	$	81,540	$	368	$	421,306
Current period gross charge-offs	$	-	$	-	$	-	$	-	$	1	$	342	$	23	$	-	$	366

Aging Analysis of Past Due Loan Receivables

Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table includes an aging analysis of the recorded investment of past due loan receivables as of September 30, 2024 and December 31, 2023 (in thousands):

September 30, 2024	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans Receivables		90 Days or Greater and Accruing
Real estate loans:
Mortgages	$	529	$	250	$	1,927	$	2,706	$	300,773	$	303,479	$	256
Home Equity		89		18		148		255		49,520		49,775		-
Commercial		2,413		2,906		10,655		15,974		1,094,574		1,110,548		353
Agricultural		1,409		357		195		1,961		329,773		331,734		28
Construction		-		-		1,948		1,948		176,758		178,706		-
Consumer		158		6		867		1,031		142,033		143,064		12
Other commercial loans		309		200		1,894		2,403		131,882		134,285		52
Other agricultural loans		200		-		11		211		24,326		24,537		-
State and political subdivision loans		-		-		-		-		54,874		54,874		-
Total	$	5,107	$	3,737	$	17,645	$	26,489	$	2,304,513	$	2,331,002	$	701

Loans considered non-accrual	$	1,274	$	148	$	16,944	$	18,366	$	2,492	$	20,858
Loans still accruing		3,833		3,589		701		8,123		2,302,021		2,310,144
Total	$	5,107	$	3,737	$	17,645	$	26,489	$	2,304,513	$	2,331,002

December 31, 2023	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans Receivables		90 Days or Greater and Accruing
Real estate loans:
Mortgages	$	2,682	$	360	$	2,240	$	5,282	$	304,917	$	310,199	$	-
Home Equity		145		67		71		283		49,508		49,791		18
Commercial		1,151		245		1,380		2,776		1,090,111		1,092,887		404
Agricultural		72		-		1,440		1,512		313,290		314,802		75
Construction		4,407		388		2,357		7,152		188,674		195,826		-
Consumer		16		282		23		321		60,995		61,316		13
Other commercial loans		670		366		319		1,355		134,813		136,168		6
Other agricultural loans		108		362		-		470		30,203		30,673		-
State and political subdivision loans		-		-		-		-		57,174		57,174		-
Total	$	9,251	$	2,070	$	7,830	$	19,151	$	2,229,685	$	2,248,836	$	516
Loans considered non-accrual	$	199	$	666	$	7,314	$	8,179	$	4,008	$	12,187
Loans still accruing		9,052		1,404		516		10,972		2,225,677		2,236,649
Total	$	9,251	$	2,070	$	7,830	$	19,151	$	2,229,685	$	2,248,836