XML 34 R24.htm IDEA: XBRL DOCUMENT v3.20.2

Loans and ALLL (Tables)

6 Months Ended

Jun. 30, 2020

Receivables [Abstract]

Allowance for Loan Losses and Recorded Investment in Loans

	Allowance for Loan Losses and Recorded Investment in Loans
	June 30, 2020
	Commercial				Agricultural				Residential Real Estate				Consumer				Unallocated				Total
ALLL
Individually evaluated for impairment	$	63			$	63			$	824			$	—			$	—			$	950
Collectively evaluated for impairment	2,058				293				369				825				4,382				7,927
Total	$	2,121			$	356			$	1,193			$	825			$	4,382			$	8,877
Loans
Individually evaluated for impairment	$	8,235			$	13,191			$	4,926			$	—							$	26,352
Collectively evaluated for impairment	791,397				89,971				303,000				73,665								1,258,033
Total	$	799,632			$	103,162			$	307,926			$	73,665							$	1,284,385

ummaries of the ALLL and the recorded investment in loans by segments follows:

	Allowance for Loan Losses
	Three Months Ended June 30, 2020
	Commercial				Agricultural				Residential Real Estate				Consumer				Unallocated				Total
April 1, 2020	$	2,375			$	490			$	1,717			$	961			$	3,154			$	8,697
Charge-offs	(1		)		(6		)		—				(59		)		—				(66		)
Recoveries	30				2				39				70				—				141
Provision for loan losses	(283		)		(130		)		(563		)		(147		)		1,228				105
June 30, 2020	$	2,121			$	356			$	1,193			$	825			$	4,382			$	8,877

	Allowance for Loan Losses
	Six Months Ended June 30, 2020
	Commercial				Agricultural				Residential Real Estate				Consumer				Unallocated				Total
January 1, 2020	$	1,914			$	634			$	2,047			$	922			$	2,422			$	7,939
Charge-offs	(5		)		(22		)		(15		)		(182		)		—				(224		)
Recoveries	52				35				66				116				—				269
Provision for loan losses	160				(291		)		(905		)		(31		)		1,960				893
June 30, 2020	$	2,121			$	356			$	1,193			$	825			$	4,382			$	8,877

	Allowance for Loan Losses and Recorded Investment in Loans
	December 31, 2019
	Commercial				Agricultural				Residential Real Estate				Consumer				Unallocated				Total
ALLL
Individually evaluated for impairment	$	15			$	26			$	1,073			$	—			$	—			$	1,114
Collectively evaluated for impairment	1,899				608				974				922				2,422				6,825
Total	$	1,914			$	634			$	2,047			$	922			$	2,422			$	7,939
Loans
Individually evaluated for impairment	$	7,865			$	14,840			$	5,486			$	—							$	28,191
Collectively evaluated for impairment	693,076				102,080				293,083				70,140								1,158,379
Total	$	700,941			$	116,920			$	298,569			$	70,140							$	1,186,570

	Allowance for Loan Losses
	Three Months Ended June 30, 2019
	Commercial				Agricultural				Residential Real Estate				Consumer				Unallocated				Total
April 1, 2019	$	2,248			$	775			$	2,305			$	891			$	2,179			$	8,398
Charge-offs	(105		)		(59		)		(94		)		(75		)		—				(333		)
Recoveries	22				—				91				38				—				151
Provision for loan losses	(85		)		(104		)		(420		)		73				357				(179		)
June 30, 2019	$	2,080			$	612			$	1,882			$	927			$	2,536			$	8,037

	Allowance for Loan Losses
	Six Months Ended June 30, 2019
	Commercial				Agricultural				Residential Real Estate				Consumer				Unallocated				Total
January 1, 2019	$	2,563			$	775			$	1,992			$	857			$	2,188			$	8,375
Charge-offs	(113		)		(59		)		(96		)		(203		)		—				(471		)
Recoveries	73				1				118				86				—				278
Provision for loan losses	(443		)		(105		)		(132		)		187				348				(145		)
June 30, 2019	$	2,080			$	612			$	1,882			$	927			$	2,536			$	8,037

Credit quality indicators for commercial and agricultural credit exposures

The following tables display the internally assigned credit risk ratings for commercial and agricultural credit exposures as of:

	June 30, 2020
	Commercial																Agricultural
	Real Estate				Other				Advances to Mortgage Brokers				Total				Real Estate				Other				Total				Total
Rating
1 - Excellent	$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
2 - High quality	3,004				18,584				—				21,588				836				13				849				22,437
3 - High satisfactory	90,236				65,092				46,767				202,095				16,983				5,528				22,511				224,606
4 - Low satisfactory	385,803				147,480				—				533,283				32,165				18,466				50,631				583,914
5 - Special mention	17,843				9,346				—				27,189				12,528				2,865				15,393				42,582
6 - Substandard	7,126				6,984				—				14,110				6,763				3,359				10,122				24,232
7 - Vulnerable	28				1,339				—				1,367				2,916				552				3,468				4,835
8 - Doubtful	—				—				—				—				188				—				188				188
9 - Loss	—				—				—				—				—				—				—				—
Total	$	504,040			$	248,825			$	46,767			$	799,632			$	72,379			$	30,783			$	103,162			$	902,794

	December 31, 2019
	Commercial																Agricultural
	Real Estate				Other				Advances to Mortgage Brokers				Total				Real Estate				Other				Total				Total
Rating
1 - Excellent	$	—			$	390			$	—			$	390			$	—			$	—			$	—			$	390
2 - High quality	2,582				8,844				—				11,426				1,452				99				1,551				12,977
3 - High satisfactory	109,737				42,858				35,523				188,118				16,765				6,769				23,534				211,652
4 - Low satisfactory	377,198				94,847				—				472,045				42,798				20,861				63,659				535,704
5 - Special mention	15,372				3,470				—				18,842				7,165				3,754				10,919				29,761
6 - Substandard	4,874				3,625				—				8,499				9,136				3,836				12,972				21,471
7 - Vulnerable	390				1,231				—				1,621				2,711				1,574				4,285				5,906
8 - Doubtful	—				—				—				—				—				—				—				—
9 - Loss	—				—				—				—				—				—				—				—
Total	$	510,153			$	155,265			$	35,523			$	700,941			$	80,027			$	36,893			$	116,920			$	817,861

Summary of past due and current loans

The following tables summarize the past due and current loans for the entire loan portfolio as of:

	June 30, 2020
	Accruing Interest and Past Due:																Total Past Due and Nonaccrual
	30-59 Days				60-89 Days				90 Days or More				Nonaccrual								Current				Total
Commercial
Commercial real estate	$	51			$	46			$	53			$	28			$	178			$	503,862			$	504,040
Commercial other	220				249				—				1,339				1,808				247,017				248,825
Advances to mortgage brokers	—				—				—				—				—				46,767				46,767
Total commercial	271				295				53				1,367				1,986				797,646				799,632
Agricultural
Agricultural real estate	799				—				—				3,104				3,903				68,476				72,379
Agricultural other	—				—				—				552				552				30,231				30,783
Total agricultural	799				—				—				3,656				4,455				98,707				103,162
Residential real estate
Senior liens	74				—				—				184				258				270,436				270,694
Junior liens	3				—				—				—				3				4,715				4,718
Home equity lines of credit	11				—				—				112				123				32,391				32,514
Total residential real estate	88				—				—				296				384				307,542				307,926
Consumer
Secured	14				27				—				—				41				70,311				70,352
Unsecured	4				—				—				—				4				3,309				3,313
Total consumer	18				27				—				—				45				73,620				73,665
Total	$	1,176			$	322			$	53			$	5,319			$	6,870			$	1,277,515			$	1,284,385

	December 31, 2019
	Accruing Interest and Past Due:																Total Past Due and Nonaccrual
	30-59 Days				60-89 Days				90 Days or More				Nonaccrual								Current				Total
Commercial
Commercial real estate	$	139			$	30			$	—			$	390			$	559			$	509,594			$	510,153
Commercial other	531				156				—				1,231				1,918				153,347				155,265
Advances to mortgage brokers	—				—				—				—				—				35,523				35,523
Total commercial	670				186				—				1,621				2,477				698,464				700,941
Agricultural
Agricultural real estate	—				—				—				2,711				2,711				77,316				80,027
Agricultural other	—				—				—				1,574				1,574				35,319				36,893
Total agricultural	—				—				—				4,285				4,285				112,635				116,920
Residential real estate
Senior liens	3,463				258				—				557				4,278				253,894				258,172
Junior liens	65				—				—				—				65				5,766				5,831
Home equity lines of credit	157				—				—				72				229				34,337				34,566
Total residential real estate	3,685				258				—				629				4,572				293,997				298,569
Consumer
Secured	68				—				—				—				68				66,547				66,615
Unsecured	3				—				—				—				3				3,522				3,525
Total consumer	71				—				—				—				71				70,069				70,140
Total	$	4,426			$	444			$	—			$	6,535			$	11,405			$	1,175,165			$	1,186,570

Information pertaining to impaired loans

The following is a summary of impaired loans as of:

	June 30, 2020												December 31, 2019
	Recorded Balance				Unpaid Principal Balance				Valuation Allowance				Recorded Balance				Unpaid Principal Balance				Valuation Allowance
Impaired loans with a valuation allowance
Commercial real estate	$	1,045			$	1,287			$	63			$	517			$	635			$	15
Agricultural real estate	2,201				2,251				61				1,509				1,509				12
Agricultural other	1,355				1,355				2				1,355				1,355				14
Residential real estate senior liens	4,814				5,242				824				5,401				5,830				1,073
Total impaired loans with a valuation allowance	9,415				10,135				950				8,782				9,329				1,114
Impaired loans without a valuation allowance
Commercial real estate	3,930				4,004								4,961				5,224
Commercial other	3,260				3,260								2,387				2,387
Agricultural real estate	7,689				7,689								8,372				8,422
Agricultural other	1,946				1,946								3,604				3,604
Home equity lines of credit	112				112								85				385
Total impaired loans without a valuation allowance	16,937				17,011								19,409				20,022
Impaired loans
Commercial	8,235				8,551				63				7,865				8,246				15
Agricultural	13,191				13,241				63				14,840				14,890				26
Residential real estate	4,926				5,354				824				5,486				6,215				1,073
Total impaired loans	$	26,352			$	27,146			$	950			$	28,191			$	29,351			$	1,114

The following is a summary of impaired loans for the:

	Three Months Ended June 30
	2020								2019
	Average Recorded Balance				Interest Income Recognized				Average Recorded Balance				Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate	$	1,085			$	21			$	2,497			$	7
Commercial other	460				—				11				—
Agricultural real estate	2,224				26				951				57
Agricultural other	1,355				20				641				9
Residential real estate senior liens	5,050				49				6,439				19
Residential real estate junior liens	—				—				12				—
Total impaired loans with a valuation allowance	10,174				116				10,551				92
Impaired loans without a valuation allowance
Commercial real estate	4,046				60				3,985				21
Commercial other	2,826				32				2,751				13
Agricultural real estate	7,441				87				7,307				58
Agricultural other	2,406				56				4,833				86
Home equity lines of credit	101				(1		)		34				—
Consumer secured	2				—				8				—
Total impaired loans without a valuation allowance	16,822				234				18,918				178
Impaired loans
Commercial	8,417				113				9,244				41
Agricultural	13,426				189				13,732				210
Residential real estate	5,151				48				6,485				19
Consumer	2				—				8				—
Total impaired loans	$	26,996			$	350			$	29,469			$	270

	Six Months Ended June 30
	2020								2019
	Average Recorded Balance				Interest Income Recognized				Average Recorded Balance				Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate	$	951			$	46			$	2,952			$	56
Commercial other	460				6				11				—
Agricultural real estate	2,051				50				671				63
Agricultural other	1,355				42				343				9
Residential real estate senior liens	5,197				104				6,561				87
Residential real estate junior liens	—				—				12				—
Total impaired loans with a valuation allowance	10,014				248				10,550				215
Impaired loans without a valuation allowance
Commercial real estate	4,304				119				3,636				74
Commercial other	2,608				47				2,861				34
Agricultural real estate	7,612				146				7,465				65
Agricultural other	2,821				63				5,460				156
Home equity lines of credit	94				5				38				6
Consumer secured	2				—				8				—
Total impaired loans without a valuation allowance	17,441				380				19,468				335
Impaired loans
Commercial	8,323				218				9,460				164
Agricultural	13,839				301				13,939				293
Residential real estate	5,291				109				6,611				93
Consumer	2				—				8				—
Total impaired loans	$	27,455			$	628			$	30,018			$	550

Information pertaining to TDR's

The following is a summary of TDR loan balances as of:

	June 30 2020				December 31 2019
TDRs	$	23,185			$	24,737

The following is a summary of TDRs granted for the:

	Three Months Ended June 30
	2020											2019
	Number of Loans			Pre-Modification Recorded Investment				Post-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment				Post-Modification Recorded Investment
Commercial other	—			$	—			$	—			1			$	37			$	37
Agricultural other	2			1,768				1,768				1			1,311				1,311
Total	2			$	1,768			$	1,768			2			$	1,348			$	1,348

	Six Months Ended June 30
	2020											2019
	Number of Loans			Pre-Modification Recorded Investment				Post-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment				Post-Modification Recorded Investment
Commercial other	2			$	963			$	963			2			$	184			$	184
Agricultural other	4			2,361				2,361				3			1,834				1,834
Residential real estate	2			93				93				—			—				—
Total	8			$	3,417			$	3,417			5			$	2,018			$	2,018

The following is a summary of concessions we granted to borrowers in financial difficulty for the:

	Three Months Ended June 30
	2020														2019
	Below Market Interest Rate							Below Market Interest Rate and Extension of Amortization Period							Below Market Interest Rate							Below Market Interest Rate and Extension of Amortization Period
	Number of Loans			Pre-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment
Commercial other	—			$	—			—			$	—			—			$	—			1			$	37
Agricultural other	—			—				2			1,768				—			—				1			1,311
Total	—			$	—			2			$	1,768			—			$	—			2			$	1,348

	Six Months Ended June 30
	2020														2019
	Below Market Interest Rate							Below Market Interest Rate and Extension of Amortization Period							Below Market Interest Rate							Below Market Interest Rate and Extension of Amortization Period
	Number of Loans			Pre-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment				Number of Loans			Pre-Modification Recorded Investment
Commercial other	1			$	919			1			$	44			—			$	—			2			$	184
Agricultural other	—			—				4			2,361				—			—				3			1,834
Residential real estate	—			—				2			93				—			—				—			—
Total	1			$	919			7			$	2,498			—			$	—			5			$	2,018

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953659-111524

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953401-111524

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI http://asc.fasb.org/extlink&oid=118955255&loc=SL82922355-210448

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivable modified as troubled debt restructuring.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953676-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953682-111524

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration