XML 36 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Loans (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Information About Loans Modified During Period That Were Determined To Be Troubled Debt Restructurings [Table Text Block] nformation concerning loans that were modified during the six months ended June 30, 2021 and 2020 and that were determined to be troubled debt restructurings follows (in thousands):
20212020
Impaired loans without a valuation allowance$48 3 
Impaired loans with a valuation allowance— — 
Financing Receivable, Troubled Debt Restructuring [Table Text Block]
Loan modifications that were classified as TDRs during the three and six months ended June 30, 2021 and 2020 were as follows (dollars in thousands):
 20212020
 Number
of
Loans		Pre-Modification Recorded BalancePost-Modification Recorded BalanceNumber of LoansPre-Modification Recorded BalancePost-Modification Recorded Balance
Three Months Ended June 30,
Commercial and industrial— $— — — $— — 
Commercial, secured by real estate— — — — — — 
Residential real estate1 27 31 — — — 
Consumer— — — — — — 
Total1 $27 31 — $— — 
Six Months Ended June 30,    
Commercial & industrial— $— $— 1 $4 $5 
Commercial, secured by real estate— — — — — — 
Residential real estate2 48 52 — — — 
Consumer— — — — — — 
Total2 $48 $52 1 $4 $5 
Major Classifications of Loans
Major classifications of loans at June 30, 2021 and December 31, 2020 were as follows (in thousands):
June 30, 2021December 31, 2020
Commercial & industrial$97,240 100,254 
Commercial, secured by real estate836,085 843,230 
Residential real estate341,447 309,692 
Consumer35,257 36,917 
Agricultural8,765 10,100 
Other loans, including deposit overdrafts369 363 
  Loans, gross1,319,163 1,300,556 
Deferred origination fees, net(1,398)(1,135)
  Loans, net of deferred origination fees1,317,765 1,299,421 
Less allowance for loan losses5,652 5,728 
Loans, net$1,312,113 1,293,693 
Non-accrual, Past Due, and Accruing Restructured Loans
Non-accrual, past-due, and accruing restructured loans as of June 30, 2021 and December 31, 2020 were as follows (in thousands):
June 30, 2021December 31, 2020
Non-accrual loans:
Commercial, secured by real estate$2,092 2,458 
Residential real estate1,246 1,260 
Total non-accrual loans3,338 3,718 
Past-due 90 days or more and still accruing— — 
Total non-accrual and past-due 90 days or more and still accruing3,338 3,718 
Accruing restructured loans2,964 5,176 
Total$6,302 8,894 
Allowance for Loan Losses and Recorded Investments in Loans
The allowance for loan losses for the three and six months ended June 30, 2021 and 2020 were as follows (in thousands):
 Commercial
& Industrial		Commercial, Secured by
Real Estate		Residential
Real Estate		ConsumerAgriculturalOtherTotal
Three Months Ended June 30, 2021
Balance, beginning of period$957 3,634 919 131 39 (1)5,679 
Provision (credit) charged to expenses86 109 (223)(8)(2)23 (15)
Losses charged off— — — (2)— (22)(24)
Recoveries— — 1 1 — 10 12 
Balance, end of period$1,043 3,743 697 122 37 10 5,652 
Six Months Ended June 30, 2021
Balance, beginning of year$816 3,903 837 153 28 (9)5,728 
Provision (credit) charged to expenses227 (158)(152)(28)9 35 (67)
Losses charged off— (2)(16)(5)— (43)(66)
Recoveries— — 28 2 — 27 57 
Balance, end of period$1,043 3,743 697 122 37 10 5,652 
Three Months Ended June 30, 2020
Balance, beginning of period$633 3,574 629 129 39 4 5,008 
Provision (credit) charged to expenses72 (109)68 (10)(13)8 16 
Losses charged off(14)— — (3)— (27)(44)
Recoveries— — — 17 — 19 36 
Balance, end of period$691 3,465 697 133 26 4 5,016 
Six Months Ended June 30, 2020
Balance, beginning of year$456 2,924 528 99 34 4 4,045 
Provision (credit) charged to expenses231 811 99 31 (8)25 1,189 
Losses charged off(14)(270)(3)(15)— (63)(365)
Recoveries18 — 73 18 — 38 147 
Balance, end of period$691 3,465 697 133 26 4 5,016 
A breakdown of the allowance for loan losses and the loan portfolio by loan segment at June 30, 2021 and December 31, 2020 were as follows (in thousands):
 Commercial
& Industrial		Commercial, Secured by
Real Estate		Residential
Real Estate		ConsumerAgriculturalOtherTotal
June 30, 2021
Allowance for loan losses:
Individually evaluated for impairment$8 14 10 — — — 32 
Collectively evaluated for impairment1,035 3,729 687 122 37 10 5,620 
Acquired credit impaired loans— — — — — — 
Balance, end of period$1,043 3,743 697 122 37 10 5,652 
Loans:
Individually evaluated for impairment$175 4,137 1,538 — — — 5,850 
Collectively evaluated for impairment95,838 828,736 339,243 35,371 8,730 206 1,308,124 
Acquired credit impaired loans426 1,950 1,252 — — 163 3,791 
Balance, end of period$96,439 834,823 342,033 35,371 8,730 369 1,317,765 
December 31, 2020
Allowance for loan losses:
Individually evaluated for impairment$8 17 27 — — — 52 
Collectively evaluated for impairment808 3,886 810 153 28 (9)5,676 
Acquired credit impaired loans— — — — — — — 
Balance, end of period$816 3,903 837 153 28 (9)5,728 
Loans:
Individually evaluated for impairment$194 6,613 1,641 5 — — 8,453 
Collectively evaluated for impairment99,040 833,548 306,138 37,047 10,116 179 1,286,068 
Acquired credit impaired loans362 2,048 2,306 — — 184 4,900 
Balance, end of period$99,596 842,209 310,085 37,052 10,116 363 1,299,421 
Analysis of the Company's Loan Portfolio by Credit Quality Indicators
A breakdown of the loan portfolio by credit quality indicators at June 30, 2021 and December 31, 2020 is as follows (in thousands):
 PassOAEMSubstandardDoubtfulTotal
June 30, 2021
Commercial & industrial$96,218 — 221 — 96,439 
Commercial, secured by real estate797,440 17,079 20,304 — 834,823 
Residential real estate339,331 — 2,702 — 342,033 
Consumer35,371 — — — 35,371 
Agricultural8,730 — — — 8,730 
Other369 — — — 369 
Total$1,277,459 17,079 23,227 — 1,317,765 
December 31, 2020     
Commercial & industrial$97,391 — 2,205 — 99,596 
Commercial, secured by real estate811,558 9,279 21,372 — 842,209 
Residential real estate306,092 1,005 2,988 — 310,085 
Consumer37,050 — 2 — 37,052 
Agricultural10,116 — — — 10,116 
Other363 — — — 363 
Total$1,262,570 10,284 26,567 — 1,299,421 
Loan Portfolio Aging Analysis
A loan portfolio aging analysis at June 30, 2021 and December 31, 2020 is as follows (in thousands):
 30-59 Days
Past Due		60-89 Days
Past Due		Greater Than
90 Days
Past Due		Total
Past Due		CurrentTotal Loans
Receivable		Total Loans Greater Than
90 Days and
Accruing
June 30, 2021
Commercial & industrial$— — — — 96,439 96,439 — 
Commercial, secured by real estate— — 895 895 833,928 834,823 — 
Residential real estate6 13 454 473 341,560 342,033 
Consumer4 — — 4 35,367 35,371 — 
Agricultural— — — — 8,730 8,730 — 
Other87 — — 87 282 369 — 
Total$97 13 1,349 1,459 1,316,306 1,317,765 — 
December 31, 2020       
Commercial & industrial$— — — — 99,596 99,596 — 
Commercial, secured by real estate16 — 1,476 1,492 840,717 842,209 — 
Residential real estate497 219 675 1,391 308,694 310,085 — 
Consumer4 1 — 5 37,047 37,052 — 
Agricultural— — — — 10,116 10,116 — 
Other60 — — 60 303 363 — 
Total$577 220 2,151 2,948 1,296,473 1,299,421 — 
Impaired Loans
Impaired loans, including acquired credit impaired loans, at June 30, 2021 and December 31, 2020 were as follows (in thousands):
June 30, 2021December 31, 2020
 Recorded InvestmentUnpaid Principal BalanceRelated AllowanceRecorded InvestmentUnpaid Principal BalanceRelated Allowance
With no related allowance recorded:
Commercial & industrial$426 679 362 646 
Commercial, secured by real estate5,413 6,407 6,050 6,735 
Residential real estate2,542 2,949 3,261 3,695 
Consumer— — 4 4 
Agricultural— — — — 
Other163 253 184 297 
Total$8,544 10,288 9,861 11,377 
With an allowance recorded:   
Commercial & industrial$175 180 8 194 199 8 
Commercial, secured by real estate674 675 14 2,611 2,908 17 
Residential real estate248 248 10 686 687 27 
Consumer— — — 1 1 — 
Agricultural— — — — — — 
Other— — — — — — 
Total$1,097 1,103 32 3,492 3,795 52 
Total:   
Commercial & industrial$601 859 8 556 845 8 
Commercial, secured by real estate6,087 7,082 14 8,661 9,643 17 
Residential real estate2,790 3,197 10 3,947 4,382 27 
Consumer— — — 5 5 — 
Agricultural— — — — — — 
Other163 253 — 184 297 — 
Total$9,641 11,391 32 13,353 15,172 52 
The following presents information related to the average recorded investment and interest income recognized on impaired loans, including acquired credit impaired loans, for the three and six months ended June 30, 2021 and 2020 (in thousands):
20212020
 Average Recorded InvestmentInterest Income RecognizedAverage Recorded InvestmentInterest Income Recognized
Three Months Ended June 30,
With no related allowance recorded:
Commercial & industrial$267 19 1,219 18 
Commercial, secured by real estate6,406 76 5,981 196 
Residential real estate2,909 70 3,026 56 
Consumer— — 8 — 
Agricultural— — — — 
Other181 16 247 7 
Total$9,763 181 10,481 277 
With an allowance recorded:
Commercial & industrial$180 2 216 5 
Commercial, secured by real estate677 8 1,786 11 
Residential real estate251 4 323 5 
Consumer— — 3 — 
Agricultural— — — — 
Other— — — — 
Total$1,108 14 2,328 21 
Total:
Commercial & industrial$447 21 1,435 23 
Commercial, secured by real estate7,083 84 7,767 207 
Residential real estate3,160 74 3,349 61 
Consumer— — 11 — 
Agricultural— — — — 
Other181 16 247 7 
Total$10,871 195 12,809 298 
Six Months Ended June 30,
With no related allowance recorded:
Commercial & industrial$299 44 1,227 289 
Commercial, secured by real estate7,061 201 7,172 530 
Residential real estate3,180 136 3,162 149 
Consumer2 — 14 1 
Agricultural— — — — 
Other182 30 252 15 
Total$10,724 411 11,827 984 
With an allowance recorded:    
Commercial & industrial$184 5 221 8 
Commercial, secured by real estate680 19 1,799 21 
Residential real estate254 8 327 10 
Consumer— — 4 — 
Agricultural— — — — 
Other— — — — 
Total$1,118 32 2,351 39 
Total:    
Commercial & industrial$483 49 1,448 297 
Commercial, secured by real estate7,741 220 8,971 551 
Residential real estate3,434 144 3,489 159 
Consumer2 — 18 1 
Agricultural— — — — 
Other182 30 252 15 
Total$11,842 443 14,178 1,023 
Schedule of Troubled Debt Restructurings, Modification Type [Table Text Block]