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Loans and ALLL (Tables)

9 Months Ended

Sep. 30, 2022

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, 2022
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
July 1, 2022			$	1,758					$	451					$	639					$	1,323					$	5,529					$	9,700
Charge-offs			—						—						—						(173)						—						(173)
Recoveries			14						1						53						64						—						132
Provision for loan losses			(436)						35						(70)						(168)						657						18
September 30, 2022			$	1,336					$	487					$	622					$	1,046					$	6,186					$	9,677

			Allowance for Loan Losses
			Nine Months Ended September 30, 2022
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
January 1, 2022			$	1,740					$	289					$	747					$	908					$	5,419					$	9,103
Charge-offs			(3)						—						—						(367)						—						(370)
Recoveries			54						4						123						223						—						404
Provision for loan losses			(455)						194						(248)						282						767						540
September 30, 2022			$	1,336					$	487					$	622					$	1,046					$	6,186					$	9,677

			Allowance for Loan Losses and Recorded Investment in Loans
			September 30, 2022
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
ALLL
Individually evaluated for impairment			$	14					$	—					$	460					$	—					$	—					$	474
Collectively evaluated for impairment			1,322						487						162						1,046						6,186						9,203
Total			$	1,336					$	487					$	622					$	1,046					$	6,186					$	9,677
Loans
Individually evaluated for impairment			$	5,703					$	11,188					$	2,860					$	—											$	19,751
Collectively evaluated for impairment			724,801						85,662						331,552						74,385												1,216,400
Total			$	730,504					$	96,850					$	334,412					$	74,385											$	1,236,151

			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
			December 31, 2021
			Commercial						Agricultural						Residential Real Estate						Consumer						Unallocated						Total
ALLL
Individually evaluated for impairment			$	13					$	—					$	565					$	—					$	—					$	578
Collectively evaluated for impairment			1,727						289						182						908						5,419						8,525
Total			$	1,740					$	289					$	747					$	908					$	5,419					$	9,103
Loans
Individually evaluated for impairment			$	9,267					$	14,189					$	3,454					$	—											$	26,910
Collectively evaluated for impairment			798,172						79,766						322,907						73,282												1,274,127
Total			$	807,439					$	93,955					$	326,361					$	73,282											$	1,301,037

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:

			September 30, 2022
			Commercial																								Agricultural
			Real Estate						Other						Advances to Mortgage Brokers						Total						Real Estate						Other						Total						Total
Rating
1 - Excellent			$	—					$	300					$	—					$	300					$	—					$	—					$	—					$	300
2 - High quality			9,331						5,044						—						14,375						383						60						443						14,818
3 - High satisfactory			70,779						37,313						1,484						109,576						9,833						3,944						13,777						123,353
4 - Low satisfactory			457,821						113,632						—						571,453						38,935						20,793						59,728						631,181
5 - Special mention			18,255						7,168						—						25,423						10,540						4,410						14,950						40,373
6 - Substandard			5,695						3,504						—						9,199						6,373						1,313						7,686						16,885
7 - Vulnerable			78						100						—						178						98						168						266						444
8 - Doubtful			—						—						—						—						—						—						—						—
9 - Loss			—						—						—						—						—						—						—						—
Total			$	561,959					$	167,061					$	1,484					$	730,504					$	66,162					$	30,688					$	96,850					$	827,354

			December 31, 2021
			Commercial																								Agricultural
			Real Estate						Other						Advances to Mortgage Brokers						Total						Real Estate						Other						Total						Total
Rating
1 - Excellent			$	—					$	300					$	—					$	300					$	—					$	—					$	—					$	300
2 - High quality			9,010						6,881						—						15,891						453						—						453						16,344
3 - High satisfactory			86,135						46,087						72,001						204,223						9,361						4,295						13,656						217,879
4 - Low satisfactory			448,489						104,375						—						552,864						36,483						15,986						52,469						605,333
5 - Special mention			13,212						1,351						—						14,563						13,096						3,452						16,548						31,111
6 - Substandard			13,519						5,738						—						19,257						6,252						3,803						10,055						29,312
7 - Vulnerable			222						119						—						341						499						275						774						1,115
8 - Doubtful			—						—						—						—						—						—						—						—
9 - Loss			—						—						—						—						—						—						—						—
Total			$	570,587					$	164,851					$	72,001					$	807,439					$	66,144					$	27,811					$	93,955					$	901,394

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, 2022
			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			$	2,321					$	—					$	—					$	78					$	2,399					$	559,560					$	561,959
Commercial other			248						—						—						100						348						166,713						167,061
Advances to mortgage brokers			—						—						—						—						—						1,484						1,484
Total commercial			2,569						—						—						178						2,747						727,757						730,504
Agricultural
Agricultural real estate			—						258						—						98						356						65,806						66,162
Agricultural other			—						50						—						168						218						30,470						30,688
Total agricultural			—						308						—						266						574						96,276						96,850
Residential real estate
Senior liens			213						137						21						136						507						299,097						299,604
Junior liens			—						—						—						—						—						2,807						2,807
Home equity lines of credit			—						—						—						—						—						32,001						32,001
Total residential real estate			213						137						21						136						507						333,905						334,412
Consumer
Secured			176						—						—						—						176						71,258						71,434
Unsecured			2						2						—						—						4						2,947						2,951
Total consumer			178						2						—						—						180						74,205						74,385
Total			$	2,960					$	447					$	21					$	580					$	4,008					$	1,232,143					$	1,236,151

			December 31, 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			$	135					$	—					$	—					$	222					$	357					$	570,230					$	570,587
Commercial other			85						—						—						119						204						164,647						164,851
Advances to mortgage brokers			—						—						—						—						—						72,001						72,001
Total commercial			220						—						—						341						561						806,878						807,439
Agricultural
Agricultural real estate			213						—						—						499						712						65,432						66,144
Agricultural other			—						—						—						275						275						27,536						27,811
Total agricultural			213						—						—						774						987						92,968						93,955
Residential real estate
Senior liens			2,016						37						97						93						2,243						290,900						293,143
Junior liens			—						—						—						—						—						2,439						2,439
Home equity lines of credit			7						—						—						37						44						30,735						30,779
Total residential real estate			2,023						37						97						130						2,287						324,074						326,361
Consumer
Secured			186						—						—						—						186						70,259						70,445
Unsecured			10						—						—						—						10						2,827						2,837
Total consumer			196						—						—						—						196						73,086						73,282
Total			$	2,652					$	37					$	97					$	1,245					$	4,031					$	1,297,006					$	1,301,037

Information pertaining to impaired loans

The following is a summary of impaired loans as of:

			September 30, 2022																		December 31, 2021
			Recorded Balance						Unpaid Principal Balance						Valuation Allowance						Recorded Balance						Unpaid Principal Balance						Valuation Allowance
Impaired loans with a valuation allowance
Commercial real estate			$	185					$	185					$	14					$	192					$	193					$	9
Commercial other			—						—						—						2,802						2,802						4
Residential real estate senior liens			2,860						3,104						460						3,417						3,688						565
Total impaired loans with a valuation allowance			3,045						3,289						474						6,411						6,683						578
Impaired loans without a valuation allowance
Commercial real estate			5,319						5,635												5,829						6,145
Commercial other			199						199												444						444
Agricultural real estate			8,611						8,611												9,538						9,538
Agricultural other			2,577						2,577												4,651						4,651
Home equity lines of credit			—						—												37						37
Total impaired loans without a valuation allowance			16,706						17,022												20,499						20,815
Impaired loans
Commercial			5,703						6,019						14						9,267						9,584						13
Agricultural			11,188						11,188						—						14,189						14,189						—
Residential real estate			2,860						3,104						460						3,454						3,725						565
Total impaired loans			$	19,751					$	20,311					$	474					$	26,910					$	27,498					$	578

The following is a summary of impaired loans for the:

			Three Months Ended September 30
			2022												2021
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	188					$	3					$	1,377					$	3
Commercial other			1,413						—						3,090						35
Agricultural real estate			—						—						94						—
Residential real estate senior liens			2,927						31						3,585						37
Total impaired loans with a valuation allowance			4,528						34						8,146						75
Impaired loans without a valuation allowance
Commercial real estate			5,359						82						7,013						121
Commercial other			208						3						305						9
Agricultural real estate			8,638						116						9,845						113
Agricultural other			2,635						43						4,794						58
Total impaired loans without a valuation allowance			16,840						244						21,957						301
Impaired loans
Commercial			7,168						88						11,785						168
Agricultural			11,273						159						14,733						171
Residential real estate			2,927						31						3,585						37
Total impaired loans			$	21,368					$	278					$	30,103					$	376

			Nine Months Ended September 30
			2022												2021
			Average Recorded Balance						Interest Income Recognized						Average Recorded Balance						Interest Income Recognized
Impaired loans with a valuation allowance
Commercial real estate			$	190					$	9					$	2,161					$	66
Commercial other			2,299						62						1,569						71
Agricultural real estate			—						—						737						11
Agricultural other			—						—						226						—
Residential real estate senior liens			3,141						97						3,908						115
Total impaired loans with a valuation allowance			5,630						168						8,601						263
Impaired loans without a valuation allowance
Commercial real estate			5,571						256						6,109						315
Commercial other			336						18						2,494						59
Agricultural real estate			8,569						341						9,760						378
Agricultural other			3,147						114						4,115						174
Home equity lines of credit			6						—						—						—
Total impaired loans without a valuation allowance			17,629						729						22,478						926
Impaired loans
Commercial			8,396						345						12,333						511
Agricultural			11,716						455						14,838						563
Residential real estate			3,147						97						3,908						115
Total impaired loans			$	23,259					$	897					$	31,079					$	1,189

Information pertaining to TDR's

The following is a summary of TDRs granted for the:

			Three Months Ended September 30
			2022																		2021
			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						$	55					$	55					—						$	—					$	—

			Nine Months Ended September 30
			2022																		2021
			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						$	55					$	55					5						$	4,761					$	4,761
Agricultural other			—						—						—						6						3,712						3,712
Residential real estate			1						98						98						—						—						—
Total			2						$	153					$	153					11						$	8,473					$	8,473

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

			Three Months Ended September 30
			2022																								2021
			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						$	55					—						$	—					—						$	—					—						$	—

			Nine Months Ended September 30
			2022																								2021
			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						$	55					—						$	—					1						$	3,189					4						$	1,572
Agricultural other			—						—						—						—						6						3,712						—						—
Residential real estate			—						—						1						98						—						—						—						—
Total			1						$	55					1						$	98					7						$	6,901					4						$	1,572

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

			September 30 2022						December 31 2021
TDRs			$	19,083					$	25,725

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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
-Name Accounting Standards Codification
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