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Loans and ALLL (Tables)

6 Months Ended

Jun. 30, 2021

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 June 30, 2021
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
April 1, 2021			$	1,699					$	230					$	1,163					$	956					$	5,223					$	9,271
Charge-offs			—						—						—						(53)						—						(53)
Recoveries			17						3						48						43						—						111
Provision for loan losses			595						15						(257)						(8)						(314)						31
June 30, 2021			$	2,311					$	248					$	954					$	938					$	4,909					$	9,360

			Allowance for Loan Losses
			Six Months Ended June 30, 2021
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
January 1, 2021			$	2,162					$	311					$	1,363					$	798					$	5,110					$	9,744
Charge-offs			(31)						—						—						(181)						—						(212)
Recoveries			99						5						103						113						—						320
Provision for loan losses			81						(68)						(512)						208						(201)						(492)
June 30, 2021			$	2,311					$	248					$	954					$	938					$	4,909					$	9,360

			Allowance for Loan Losses and Recorded Investment in Loans
			June 30, 2021
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
ALLL
Individually evaluated for impairment			$	541					$	3					$	657					$	—					$	—					$	1,201
Collectively evaluated for impairment			1,770						245						297						938						4,909						8,159
Total			$	2,311					$	248					$	954					$	938					$	4,909					$	9,360
Loans
Individually evaluated for impairment			$	12,004					$	14,843					$	3,688					$	—											$	30,535
Collectively evaluated for impairment			711,884						80,354						308,879						75,011												1,176,128
Total			$	723,888					$	95,197					$	312,567					$	75,011											$	1,206,663

			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, 2020
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
ALLL
Individually evaluated for impairment			$	84					$	56					$	771					$	—					$	—					$	911
Collectively evaluated for impairment			2,078						255						592						798						5,110						8,833
Total			$	2,162					$	311					$	1,363					$	798					$	5,110					$	9,744
Loans
Individually evaluated for impairment			$	9,821					$	13,796					$	4,319					$	—											$	27,936
Collectively evaluated for impairment			746,865						86,665						303,224						73,621												1,210,375
Total			$	756,686					$	100,461					$	307,543					$	73,621											$	1,238,311

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, 2021
			Commercial																								Agricultural
			Real Estate						Other						Advances to Mortgage Brokers						Total						Real Estate						Other						Total						Total
Rating
1 - Excellent			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
2 - High quality			6,845						10,735						—						17,580						462						8						470						18,050
3 - High satisfactory			79,146						51,741						—						130,887						10,646						3,363						14,009						144,896
4 - Low satisfactory			407,904						131,097						—						539,001						36,299						15,369						51,668						590,669
5 - Special mention			10,528						2,350						—						12,878						13,808						3,866						17,674						30,552
6 - Substandard			15,738						7,622						—						23,360						4,554						3,808						8,362						31,722
7 - Vulnerable			45						137						—						182						2,551						275						2,826						3,008
8 - Doubtful			—						—						—						—						188						—						188						188
9 - Loss			—						—						—						—						—						—						—						—
Total			$	520,206					$	203,682					$	—					$	723,888					$	68,508					$	26,689					$	95,197					$	819,085

			December 31, 2020
			Commercial																								Agricultural
			Real Estate						Other						Advances to Mortgage Brokers						Total						Real Estate						Other						Total						Total
Rating
1 - Excellent			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
2 - High quality			2,308						13,406						—						15,714						541						11						552						16,266
3 - High satisfactory			69,327						51,093						50,258						170,678						14,411						5,312						19,723						190,401
4 - Low satisfactory			403,733						122,025						—						525,758						34,464						17,600						52,064						577,822
5 - Special mention			15,049						6,174						—						21,223						13,137						3,240						16,377						37,600
6 - Substandard			15,854						6,130						—						21,984						5,267						2,693						7,960						29,944
7 - Vulnerable			26						1,303						—						1,329						3,208						387						3,595						4,924
8 - Doubtful			—						—						—						—						190						—						190						190
9 - Loss			—						—						—						—						—						—						—						—
Total			$	506,297					$	200,131					$	50,258					$	756,686					$	71,218					$	29,243					$	100,461					$	857,147

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, 2021
			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			$	56					$	—					$	—					$	45					$	101					$	520,105					$	520,206
Commercial other			275						—						—						137						412						203,270						203,682
Advances to mortgage brokers			—						—						—						—						—						—						—
Total commercial			331						—						—						182						513						723,375						723,888
Agricultural
Agricultural real estate			—						—						—						2,739						2,739						65,769						68,508
Agricultural other			—						—						—						275						275						26,414						26,689
Total agricultural			—						—						—						3,014						3,014						92,183						95,197
Residential real estate
Senior liens			9						135						—						133						277						279,062						279,339
Junior liens			—						—						—						—						—						3,179						3,179
Home equity lines of credit			—						—						—						—						—						30,049						30,049
Total residential real estate			9						135						—						133						277						312,290						312,567
Consumer
Secured			71						31						—						—						102						71,976						72,078
Unsecured			7						—						—						—						7						2,926						2,933
Total consumer			78						31						—						—						109						74,902						75,011
Total			$	418					$	166					$	—					$	3,329					$	3,913					$	1,202,750					$	1,206,663

			December 31, 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			$	333					$	—					$	—					$	26					$	359					$	505,938					$	506,297
Commercial other			486						—						—						1,303						1,789						198,342						200,131
Advances to mortgage brokers			—						—						—						—						—						50,258						50,258
Total commercial			819						—						—						1,329						2,148						754,538						756,686
Agricultural
Agricultural real estate			—						—						—						3,398						3,398						67,820						71,218
Agricultural other			1						—						—						387						388						28,855						29,243
Total agricultural			1						—						—						3,785						3,786						96,675						100,461
Residential real estate
Senior liens			3,203						145						—						199						3,547						269,425						272,972
Junior liens			25						—						—						—						25						3,791						3,816
Home equity lines of credit			8						—						—						—						8						30,747						30,755
Total residential real estate			3,236						145						—						199						3,580						303,963						307,543
Consumer
Secured			93						—						—						—						93						70,349						70,442
Unsecured			3						—						—						—						3						3,176						3,179
Total consumer			96						—						—						—						96						73,525						73,621
Total			$	4,152					$	145					$	—					$	5,313					$	9,610					$	1,228,701					$	1,238,311

Information pertaining to impaired loans

The following is a summary of impaired loans as of:

			June 30, 2021																		December 31, 2020
			Recorded Balance						Unpaid Principal Balance						Valuation Allowance						Recorded Balance						Unpaid Principal Balance						Valuation Allowance
Impaired loans with a valuation allowance
Commercial real estate			$	2,556					$	2,556					$	533					$	2,048					$	2,290					$	79
Commercial other			3,126						3,126						8						107						107						5
Agricultural real estate			188						238						3						1,994						1,994						54
Agricultural other			—						—						—						1,355						1,355						2
Residential real estate senior liens			3,688						3,960						657						4,319						4,661						771
Total impaired loans with a valuation allowance			9,558						9,880						1,201						9,823						10,407						911
Impaired loans without a valuation allowance
Commercial real estate			6,004						6,320												3,006						3,080
Commercial other			318						318												4,660						4,660
Agricultural real estate			9,876						9,876												8,681						8,731
Agricultural other			4,779						4,779												1,766						1,766
Total impaired loans without a valuation allowance			20,977						21,293												18,113						18,237
Impaired loans
Commercial			12,004						12,320						541						9,821						10,137						84
Agricultural			14,843						14,893						3						13,796						13,846						56
Residential real estate			3,688						3,960						657						4,319						4,661						771
Total impaired loans			$	30,535					$	31,173					$	1,201					$	27,936					$	28,644					$	911

The following is a summary of impaired loans for the:

			Three Months Ended June 30
			2021												2020
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	2,681					$	35					$	1,085					$	21
Commercial other			1,563						36						460						—
Agricultural real estate			607						—						2,224						26
Agricultural other			—						—						1,355						20
Residential real estate senior liens			3,912						35						5,050						49
Total impaired loans with a valuation allowance			8,763						106						10,174						116
Impaired loans without a valuation allowance
Commercial real estate			6,406						93						4,046						60
Commercial other			2,503						10						2,826						32
Agricultural real estate			10,016						133						7,441						87
Agricultural other			4,529						55						2,406						56
Home equity lines of credit			—						—						101						(1)
Consumer secured			—						—						2						—
Total impaired loans without a valuation allowance			23,454						291						16,822						234
Impaired loans
Commercial			13,153						174						8,417						113
Agricultural			15,152						188						13,426						189
Residential real estate			3,912						35						5,151						48
Consumer			—						—						2						—
Total impaired loans			$	32,217					$	397					$	26,996					$	350

			Six Months Ended June 30
			2021												2020
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	2,553					$	63					$	951					$	46
Commercial other			808						36						460						6
Agricultural real estate			1,058						11						2,051						50
Agricultural other			339						—						1,355						42
Residential real estate senior liens			4,070						78						5,197						104
Total impaired loans with a valuation allowance			8,828						188						10,014						248
Impaired loans without a valuation allowance
Commercial real estate			5,656						194						4,304						119
Commercial other			3,589						50						2,608						47
Agricultural real estate			9,717						265						7,612						146
Agricultural other			3,776						116						2,821						63
Home equity lines of credit			—						—						94						5
Consumer secured			—						—						2						—
Total impaired loans without a valuation allowance			22,738						625						17,441						380
Impaired loans
Commercial			12,606						343						8,323						218
Agricultural			14,890						392						13,839						301
Residential real estate			4,070						78						5,291						109
Consumer			—						—						2						—
Total impaired loans			$	31,566					$	813					$	27,455					$	628

Information pertaining to TDR's

The following is a summary of TDRs granted for the:

			Three Months Ended June 30
			2021																		2020
			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						$	109					$	109					—						$	—					$	—
Agricultural other			—						—						—						2						1,768						1,768
Total			2						$	109					$	109					2						$	1,768					$	1,768

			Six Months Ended June 30
			2021																		2020
			Number of Loans						Pre-Modification Recorded Investment						Post-Modification Recorded Investment						Number of Loans						Pre-Modification Recorded Investment						Post-Modification Recorded Investment
Commercial other			5						$	4,761					$	4,761					2						$	963					$	963
Agricultural other			6						3,712						3,712						4						2,361						2,361
Residential real estate			—						—						—						2						93						93
Total			11						$	8,473					$	8,473					8						$	3,417					$	3,417

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

			Three Months Ended June 30
			2021																								2020
			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						$	109					—						$	—					—						$	—
Agricultural other			—						—						—						—						—						—						2						1,768
Total			—						$	—					2						$	109					—						$	—					2						$	1,768

			Six Months Ended June 30
			2021																								2020
			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						$	3,189					4						$	1,572					1						$	919					1						$	44
Agricultural other			6						3,712						—						—						—						—						4						2,361
Residential real estate			—						—						—						—						—						—						2						93
Total			7						$	6,901					4						$	1,572					1						$	919					7						$	2,498

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

			June 30 2021						December 31 2020
TDRs			$	29,347					$	24,930

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Tabular disclosure of allowance for credit loss on financing receivable.

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
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