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Accounting for Certain Loans Acquired in a Transfer
 12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Accounting for Certain Loans Acquired in a Transfer

Note 6: Accounting for Certain Loans Acquired in a Transfer


The Company acquired loans in the acquisition of The Edon State Bank Company of Edon, Ohio, effective June 5, 2020. None of the acquired loans had evidence of deterioration of credit quality since origination, and it was probable, at acquisition, that all contractually required payments would be collected.


The following table presents the carrying amount of the acquired loans included in the balance sheet as of December 31, 2020:


($ in thousands)  December 31,
2020		 
Commercial & industrial  $1,499 
Commercial real estate - owner occupied   - 
Commercial real estate - nonowner occupied   505 
Agricultural   9,180 
Residential real estate   3,176 
Home equity line of credit (HELOC)   - 
Consumer   93 
Total loans  $14,453 

Accretable yield, or income expected to be collected as of December 31, 2020 is $0.3 million.