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Loans and ALLL (Tables)

9 Months Ended

Sep. 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 September 30, 2021
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
July 1, 2021			$	2,311					$	248					$	954					$	938					$	4,909					$	9,360
Charge-offs			(1)						(77)						—						(168)						—						(246)
Recoveries			22						1						29						34						—						86
Provision for loan losses			(801)						294						(226)						45						581						(107)
September 30, 2021			$	1,531					$	466					$	757					$	849					$	5,490					$	9,093

			Allowance for Loan Losses
			Nine Months Ended September 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			(32)						(77)						—						(349)						—						(458)
Recoveries			121						6						132						147						—						406
Provision for loan losses			(720)						226						(738)						253						380						(599)
September 30, 2021			$	1,531					$	466					$	757					$	849					$	5,490					$	9,093

			Allowance for Loan Losses and Recorded Investment in Loans
			September 30, 2021
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
ALLL
Individually evaluated for impairment			$	21					$	—					$	562					$	—					$	—					$	583
Collectively evaluated for impairment			1,510						466						195						849						5,490						8,510
Total			$	1,531					$	466					$	757					$	849					$	5,490					$	9,093
Loans
Individually evaluated for impairment			$	11,563					$	14,623					$	3,482					$	—											$	29,668
Collectively evaluated for impairment			746,430						79,159						318,138						75,163												1,218,890
Total			$	757,993					$	93,782					$	321,620					$	75,163											$	1,248,558

			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
			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:

			September 30, 2021
			Commercial																								Agricultural
			Real Estate						Other						Advances to Mortgage Brokers						Total						Real Estate						Other						Total						Total
Rating
1 - Excellent			$	—					$	161					$	—					$	161					$	—					$	—					$	—					$	161
2 - High quality			8,089						9,501						—						17,590						462						8						470						18,060
3 - High satisfactory			79,462						43,555						46,977						169,994						10,553						3,185						13,738						183,732
4 - Low satisfactory			421,240						111,863						—						533,103						34,263						16,553						50,816						583,919
5 - Special mention			12,880						2,144						—						15,024						13,827						3,791						17,618						32,642
6 - Substandard			15,308						6,652						—						21,960						4,468						3,861						8,329						30,289
7 - Vulnerable			37						124						—						161						2,536						275						2,811						2,972
8 - Doubtful			—						—						—						—						—						—						—						—
9 - Loss			—						—						—						—						—						—						—						—
Total			$	537,016					$	174,000					$	46,977					$	757,993					$	66,109					$	27,673					$	93,782					$	851,775

			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:

			September 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			$	43					$	—					$	—					$	37					$	80					$	536,936					$	537,016
Commercial other			141						—						—						124						265						173,735						174,000
Advances to mortgage brokers			—						—						—						—						—						46,977						46,977
Total commercial			184						—						—						161						345						757,648						757,993
Agricultural
Agricultural real estate			—						49						—						2,536						2,585						63,524						66,109
Agricultural other			—						—						—						275						275						27,398						27,673
Total agricultural			—						49						—						2,811						2,860						90,922						93,782
Residential real estate
Senior liens			156						—						—						105						261						286,952						287,213
Junior liens			—						—						—						—						—						2,837						2,837
Home equity lines of credit			7						—						—						—						7						31,563						31,570
Total residential real estate			163						—						—						105						268						321,352						321,620
Consumer
Secured			17						—						—						—						17						72,268						72,285
Unsecured			8						—						—						—						8						2,870						2,878
Total consumer			25						—						—						—						25						75,138						75,163
Total			$	372					$	49					$	—					$	3,077					$	3,498					$	1,245,060					$	1,248,558

			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:

			September 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			$	197					$	197					$	13					$	2,048					$	2,290					$	79
Commercial other			3,053						3,053						8						107						107						5
Agricultural real estate			—						—						—						1,994						1,994						54
Agricultural other			—						—						—						1,355						1,355						2
Residential real estate senior liens			3,482						3,754						562						4,319						4,661						771
Total impaired loans with a valuation allowance			6,732						7,004						583						9,823						10,407						911
Impaired loans without a valuation allowance
Commercial real estate			8,021						8,337												3,006						3,080
Commercial other			292						292												4,660						4,660
Agricultural real estate			9,814						9,814												8,681						8,731
Agricultural other			4,809						4,809												1,766						1,766
Total impaired loans without a valuation allowance			22,936						23,252												18,113						18,237
Impaired loans
Commercial			11,563						11,879						21						9,821						10,137						84
Agricultural			14,623						14,623						—						13,796						13,846						56
Residential real estate			3,482						3,754						562						4,319						4,661						771
Total impaired loans			$	29,668					$	30,256					$	583					$	27,936					$	28,644					$	911

The following is a summary of impaired loans for the:

			Three Months Ended September 30
			2021												2020
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	1,377					$	3					$	1,564					$	37
Commercial other			3,090						35						442						13
Agricultural real estate			94						—						2,198						27
Agricultural other			—						—						1,355						18
Residential real estate senior liens			3,585						37						4,600						48
Total impaired loans with a valuation allowance			8,146						75						10,159						143
Impaired loans without a valuation allowance
Commercial real estate			7,013						121						3,285						43
Commercial other			305						9						4,503						59
Agricultural real estate			9,845						113						7,548						68
Agricultural other			4,794						58						1,947						21
Home equity lines of credit			—						—						56						—
Total impaired loans without a valuation allowance			21,957						301						17,339						191
Impaired loans
Commercial			11,785						168						9,794						152
Agricultural			14,733						171						13,048						134
Residential real estate			3,585						37						4,656						48
Consumer			—						—						—						—
Total impaired loans			$	30,103					$	376					$	27,498					$	334

			Nine Months Ended September 30
			2021												2020
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	2,161					$	66					$	1,157					$	83
Commercial other			1,569						71						454						19
Agricultural real estate			737						11						2,100						77
Agricultural other			226						—						1,355						60
Residential real estate senior liens			3,908						115						4,998						152
Total impaired loans with a valuation allowance			8,601						263						10,064						391
Impaired loans without a valuation allowance
Commercial real estate			6,109						315						3,964						162
Commercial other			2,494						59						3,240						106
Agricultural real estate			9,760						378						7,590						214
Agricultural other			4,115						174						2,529						84
Home equity lines of credit			—						—						81						5
Consumer secured			—						—						1						—
Total impaired loans without a valuation allowance			22,478						926						17,405						571
Impaired loans
Commercial			12,333						511						8,815						370
Agricultural			14,838						563						13,574						435
Residential real estate			3,908						115						5,079						157
Consumer			—						—						1						—
Total impaired loans			$	31,079					$	1,189					$	27,469					$	962

Information pertaining to TDR's

The following is a summary of TDRs granted for the:

			Three Months Ended September 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			—						$	—					$	—					4						$	3,740					$	3,740

			Nine Months Ended September 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					6						$	4,702					$	4,702
Agricultural other			6						3,712						3,712						4						2,361						2,361
Residential real estate			—						—						—						2						94						94
Total			11						$	8,473					$	8,473					12						$	7,157					$	7,157

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

			Three Months Ended September 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						$	68					3						$	3,672

			Nine Months Ended September 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					2						$	987					4						$	3,715
Agricultural other			6						3,712						—						—						—						—						4						2,361
Residential real estate			—						—						—						—						—						—						2						94
Total			7						$	6,901					4						$	1,572					2						$	987					10						$	6,170

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

			September 30 2021						December 31 2020
TDRs			$	28,682					$	24,930

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Tabular disclosure of allowance for credit loss on financing receivable.

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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
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