XML 39 R29.htm IDEA: XBRL DOCUMENT v3.20.2

Loans and ALLL (Tables)

9 Months Ended

Sep. 30, 2020

Receivables [Abstract]

Allowance for Loan Losses and Recorded Investment in Loans

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

			Allowance for Loan Losses
			Three Months Ended September 30, 2020
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
July 1, 2020			$	2,121					$	356					$	1,193					$	825					$	4,382					$	8,877
Charge-offs			(2)						—						(13)						(31)						—						(46)
Recoveries			81						2						36						40						—						159
Provision for loan losses			(255)						(16)						90						21						676						516
September 30, 2020			$	1,945					$	342					$	1,306					$	855					$	5,058					$	9,506

			Allowance for Loan Losses
			Nine Months Ended September 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			(7)						(22)						(28)						(213)						—						(270)
Recoveries			133						37						102						156						—						428
Provision for loan losses			(95)						(307)						(815)						(10)						2,636						1,409
September 30, 2020			$	1,945					$	342					$	1,306					$	855					$	5,058					$	9,506

			Allowance for Loan Losses and Recorded Investment in Loans
			September 30, 2020
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
ALLL
Individually evaluated for impairment			$	59					$	67					$	743					$	—					$	—					$	869
Collectively evaluated for impairment			1,886						275						563						855						5,058						8,637
Total			$	1,945					$	342					$	1,306					$	855					$	5,058					$	9,506
Loans
Individually evaluated for impairment			$	11,351					$	12,903					$	4,385					$	—											$	28,639
Collectively evaluated for impairment			809,751						89,360						300,174						75,384												1,274,669
Total			$	821,102					$	102,263					$	304,559					$	75,384											$	1,303,308

			Allowance for Loan Losses
			Three Months Ended September 30, 2019
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
July 1, 2019			$	2,080					$	612					$	1,882					$	927					$	2,536					$	8,037
Charge-offs			(21)						(1)						—						(121)						—						(143)
Recoveries			25						1						25						31						—						82
Provision for loan losses			(24)						(57)						(38)						183						129						193
September 30, 2019			$	2,060					$	555					$	1,869					$	1,020					$	2,665					$	8,169

			Allowance for Loan Losses
			Nine Months Ended September 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			(134)						(60)						(96)						(324)						—						(614)
Recoveries			98						2						143						117						—						360
Provision for loan losses			(467)						(162)						(170)						370						477						48
September 30, 2019			$	2,060					$	555					$	1,869					$	1,020					$	2,665					$	8,169

			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

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:

			September 30, 2020
			Commercial																								Agricultural
			Real Estate						Other						Advances to Mortgage Brokers						Total						Real Estate						Other						Total						Total
Rating
1 - Excellent			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
2 - High quality			2,909						16,847						—						19,756						608						13						621						20,377
3 - High satisfactory			89,929						62,014						75,016						226,959						16,382						4,880						21,262						248,221
4 - Low satisfactory			381,347						152,647						—						533,994						32,794						18,146						50,940						584,934
5 - Special mention			18,127						6,717						—						24,844						13,140						3,547						16,687						41,531
6 - Substandard			7,047						7,138						—						14,185						5,914						3,301						9,215						23,400
7 - Vulnerable			27						1,337						—						1,364						2,911						437						3,348						4,712
8 - Doubtful			—						—						—						—						190						—						190						190
9 - Loss			—						—						—						—						—						—						—						—
Total			$	499,386					$	246,700					$	75,016					$	821,102					$	71,939					$	30,324					$	102,263					$	923,365

			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:

			September 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			$	151					$	—					$	—					$	27					$	178					$	499,208					$	499,386
Commercial other			567						—						—						1,337						1,904						244,796						246,700
Advances to mortgage brokers			—						—						—						—						—						75,016						75,016
Total commercial			718						—						—						1,364						2,082						819,020						821,102
Agricultural
Agricultural real estate			270						95						—						3,101						3,466						68,473						71,939
Agricultural other			—						—						—						437						437						29,887						30,324
Total agricultural			270						95						—						3,538						3,903						98,360						102,263
Residential real estate
Senior liens			891						208						—						44						1,143						267,160						268,303
Junior liens			17						—						—						—						17						4,249						4,266
Home equity lines of credit			—						—						—						—						—						31,990						31,990
Total residential real estate			908						208						—						44						1,160						303,399						304,559
Consumer
Secured			68						—						—						—						68						71,762						71,830
Unsecured			4						—						—						—						4						3,550						3,554
Total consumer			72						—						—						—						72						75,312						75,384
Total			$	1,968					$	303					$	—					$	4,946					$	7,217					$	1,296,091					$	1,303,308

			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:

			September 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			$	2,082					$	2,325					$	57					$	517					$	635					$	15
Commercial other			883						883						2						—						—						—
Agricultural real estate			2,195						2,244						65						1,509						1,509						12
Agricultural other			1,355						1,355						2						1,355						1,355						14
Residential real estate senior liens			4,385						4,726						743						5,401						5,830						1,073
Total impaired loans with a valuation allowance			10,900						11,533						869						8,782						9,329						1,114
Impaired loans without a valuation allowance
Commercial real estate			2,640						2,714												4,961						5,224
Commercial other			5,746						5,746												2,387						2,387
Agricultural real estate			7,406						7,406												8,372						8,422
Agricultural other			1,947						1,947												3,604						3,604
Home equity lines of credit			—						—												85						385
Total impaired loans without a valuation allowance			17,739						17,813												19,409						20,022
Impaired loans
Commercial			11,351						11,668						59						7,865						8,246						15
Agricultural			12,903						12,952						67						14,840						14,890						26
Residential real estate			4,385						4,726						743						5,486						6,215						1,073
Total impaired loans			$	28,639					$	29,346					$	869					$	28,191					$	29,351					$	1,114

The following is a summary of impaired loans for the:

			Three Months Ended September 30
			2020												2019
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	1,564					$	37					$	1,546					$	2
Commercial other			442						13						11						—
Agricultural real estate			2,198						27						1,513						10
Agricultural other			1,355						18						1,292						11
Residential real estate senior liens			4,600						48						6,096						14
Residential real estate junior liens			—						—						12						—
Total impaired loans with a valuation allowance			10,159						143						10,470						37
Impaired loans without a valuation allowance
Commercial real estate			3,285						43						4,664						12
Commercial other			4,503						59						2,607						7
Agricultural real estate			7,548						68						6,995						45
Agricultural other			1,947						21						3,820						45
Home equity lines of credit			56						—						63						—
Consumer secured			—						—						4						—
Total impaired loans without a valuation allowance			17,339						191						18,153						109
Impaired loans
Commercial			9,794						152						8,828						21
Agricultural			13,048						134						13,620						111
Residential real estate			4,656						48						6,171						14
Consumer			—						—						4						—
Total impaired loans			$	27,498					$	334					$	28,623					$	146

			Nine Months Ended September 30
			2020												2019
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	1,157					$	83					$	2,484					$	58
Commercial other			454						19						11						—
Agricultural real estate			2,100						77						951						73
Agricultural other			1,355						60						659						20
Residential real estate senior liens			4,998						152						6,406						101
Residential real estate junior liens			—						—						12						—
Total impaired loans with a valuation allowance			10,064						391						10,523						252
Impaired loans without a valuation allowance
Commercial real estate			3,964						162						3,979						86
Commercial other			3,240						106						2,776						41
Agricultural real estate			7,590						214						7,308						110
Agricultural other			2,529						84						4,913						201
Home equity lines of credit			81						5						47						6
Consumer secured			1						—						7						—
Total impaired loans without a valuation allowance			17,405						571						19,030						444
Impaired loans
Commercial			8,815						370						9,250						185
Agricultural			13,574						435						13,831						404
Residential real estate			5,079						157						6,465						107
Consumer			1						—						7						—
Total impaired loans			$	27,469					$	962					$	29,553					$	696

Information pertaining to TDR's

The following is a summary of TDRs granted for the:

			Three Months Ended September 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			4						$	3,740					$	3,740					—						$	—					$	—
Agricultural other			—						—						—						1						25						25
Total			4						$	3,740					$	3,740					1						$	25					$	25

			Nine Months Ended September 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			6						$	4,702					$	4,702					2						$	184					$	184
Agricultural other			4						2,361						2,361						4						1,859						1,859
Residential real estate			2						94						94						—						—						—
Total			12						$	7,157					$	7,157					6						$	2,043					$	2,043

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

			Three Months Ended September 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						$	68					3						$	3,672					—						$	—					—						$	—
Agricultural other			—						—						—						—						1						25						—						—
Total			1						$	68					3						$	3,672					1						$	25					—						$	—

			Nine Months Ended September 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			2						$	987					4						$	3,715					—						$	—					2						$	184
Agricultural other			—						—						4						2,361						1						25						3						1,834
Residential real estate			—						—						2						94						—						—						—						—
Total			2						$	987					10						$	6,170					1						$	25					5						$	2,018

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

			September 30 2020						December 31 2019
TDRs			$	25,954					$	24,737

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