Loans & Leases and Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2015

Loans & Leases and Allowance for Credit Losses [Abstract]

Allocation of the allowance for credit losses by portfolio segment and by impairment methodology

The following tables show the allocation of the allowance for credit losses by portfolio segment and by impairment methodology at the dates indicated (in thousands):

March 31, 2015	Commercial Real Estate			Agricultural Real Estate		Real Estate Construction		Residential 1st Mortgages			Home Equity Lines & Loans			Agricultural			Commercial			Consumer & Other			Leases		Unallocated			Total
Year-To-Date Allowance for Credit Losses:
Beginning Balance- January 1, 2015	$	7,842		$	4,185	$	1,669	$	1,022		$	2,426		$	6,104		$	8,195		$	218		$	2,211	$	1,529		$	35,401
Charge-Offs		-			-		-		-			-			-			(12	)		(17	)		-		-			(29	)
Recoveries		2,938			-		-		-			5			1			2			22			-		-			2,968
Provision		(2,826	)		2,716		247		(349	)		(335	)		(1,503	)		756			(11	)		288		1,617			600
Ending Balance- March 31, 2015	$	7,954		$	6,901	$	1,916	$	673		$	2,096		$	4,602		$	8,941		$	212		$	2,499	$	3,146		$	38,940
Ending Balance Individually Evaluated for Impairment		61			-		-		72			53			129			1,118			37			-		-			1,470
Ending Balance Collectively Evaluated for Impairment		7,893			6,901		1,916		601			2,043			4,473			7,823			175			2,499		3,146			37,470
Loans:
Ending Balance	$	529,550		$	351,866	$	101,616	$	182,431		$	31,724		$	216,231		$	236,141		$	4,915		$	50,846	$	-		$	1,705,320
Ending Balance Individually Evaluated for Impairment		3,573			-		4,363		2,080			1,668			457			4,840			44			-		-			17,025
Ending Balance Collectively Evaluated for Impairment	$	525,977		$	351,866	$	97,253	$	180,351		$	30,056		$	215,774		$	231,301		$	4,871		$	50,846	$	-		$	1,688,295
December 31, 2014	Commercial Real Estate			Agricultural Real Estate		Real Estate Construction		Residential 1st Mortgages			Home Equity Lines & Loans			Agricultural			Commercial			Consumer & Other			Leases		Unallocated			Total
Year-To-Date Allowance for Credit Losses:
Beginning Balance- January 1, 2014	$	5,178		$	3,576	$	654	$	1,108		$	2,767		$	12,205		$	5,697		$	176		$	639	$	2,274		$	34,274
Charge-Offs		-			-		-		(73	)		(70	)		-			(1	)		(132	)		-		-			(276	)
Recoveries		11			-		-		-			58			8			86			65			-		-			228
Provision		2,653			609		1,015		(13	)		(329	)		(6,109	)		2,413			109			1,572		(745	)		1,175
Ending Balance- December 31, 2014	$	7,842		$	4,185	$	1,669	$	1,022		$	2,426		$	6,104		$	8,195		$	218		$	2,211	$	1,529		$	35,401
Ending Balance Individually Evaluated for Impairment		377			-		-		422			329			114			914			41			-		-			2,197
Ending Balance Collectively Evaluated for Impairment		7,465			4,185		1,669		600			2,097			5,990			7,281			177			2,211		1,529			33,204
Loans & Leases:
Ending Balance	$	491,903		$	357,207	$	96,519	$	171,880		$	33,017		$	281,963		$	230,819		$	4,719		$	44,217	$	-		$	1,712,244
Ending Balance Individually Evaluated for Impairment		20,066			-		4,386		2,108			1,643			461			4,874			46			-		-			33,584
Ending Balance Collectively Evaluated for Impairment	$	471,837		$	357,207	$	92,133	$	169,772		$	31,374		$	281,502		$	225,945		$	4,673		$	44,217	$	-		$	1,678,660

March 31, 2014	Commercial Real Estate		Agricultural Real Estate			Real Estate Construction		Residential 1st Mortgages			Home Equity Lines & Loans			Agricultural			Commercial		Consumer & Other			Leases		Unallocated		Total
Year-To-Date Allowance for Credit Losses:
Beginning Balance- January 1, 2014	$	5,178	$	3,576		$	654	$	1,108		$	2,767		$	12,205		$	5,697	$	176		$	639	$	2,274	$	34,274
Charge-Offs		-		-			-		(3	)		-			-			-		(27	)		-		-		(30	)
Recoveries		-		-			-		-			12			1			5		15			-		-		33
Provision		1,248		(189	)		423		(5	)		(131	)		(2,605	)		724		7			282		246		-
Ending Balance- March 31, 2014	$	6,426	$	3,387		$	1,077	$	1,100		$	2,648		$	9,601		$	6,426	$	171		$	921	$	2,520	$	34,277
Ending Balance Individually Evaluated for Impairment		245		-			226		340			313			118			814		48			-		-		2,104
Ending Balance Collectively Evaluated for Impairment		6,181		3,387			851		760			2,335			9,483			5,612		123			921		2,520		32,173
Loans:
Ending Balance	$	402,865	$	326,112		$	55,751	$	156,094		$	34,289		$	209,228		$	155,802	$	4,721		$	18,168	$	-	$	1,363,030
Ending Balance Individually Evaluated for Impairment		22,046		-			4,473		1,701			2,055			587			5,100		48			-		-		36,010
Ending Balance Collectively Evaluated for Impairment	$	380,819	$	326,112		$	51,278	$	154,393		$	32,234		$	208,641		$	150,702	$	4,673		$	18,168	$	-	$	1,327,020

Loan & lease portfolio allocated by management's internal risk ratings

The following tables show the loan & lease portfolio allocated by management’s internal risk ratings at the dates indicated (in thousands):

March 31, 2015	Pass		Special Mention		Substandard		Total Loans & Leases
Loans & Leases:
Commercial Real Estate	$	520,613	$	8,834	$	103	$	529,550
Agricultural Real Estate		351,866		-		-		351,866
Real Estate Construction		99,920		1,696		-		101,616
Residential 1st Mortgages		181,021		744		666		182,431
Home Equity Lines & Loans		30,772		83		869		31,724
Agricultural		215,507		453		271		216,231
Commercial		220,491		12,086		3,564		236,141
Consumer & Other		4,687		-		228		4,915
Leases		50,846						50,846
Total	$	1,675,723	$	23,896	$	5,701	$	1,705,320
December 31, 2014	Pass		Special Mention		Substandard		Total Loans
Loans & Leases:
Commercial Real Estate	$	483,146	$	8,651	$	106	$	491,903
Agricultural Real Estate		357,207		-		-		357,207
Real Estate Construction		94,887		1,632		-		96,519
Residential 1st Mortgages		170,462		744		674		171,880
Home Equity Lines and Loans		32,054		85		878		33,017
Agricultural		281,232		679		52		281,963
Commercial		211,036		18,143		1,640		230,819
Consumer & Other		4,449		-		270		4,719
Leases		44,217		-		-		44,217
Total	$	1,678,690	$	29,934	$	3,620	$	1,712,244
March 31, 2014	Pass		Special Mention		Substandard		Total Loans & Leases
Loans & Leases:
Commercial Real Estate	$	389,366	$	13,126	$	373	$	402,865
Agricultural Real Estate		326,112		-		-		326,112
Real Estate Construction		54,120		1,631		-		55,751
Residential 1st Mortgages		154,743		767		584		156,094
Home Equity Lines & Loans		33,196		-		1,093		34,289
Agricultural		208,308		843		77		209,228
Commercial		137,125		16,928		1,749		155,802
Consumer & Other		4,529		-		192		4,721
Leases		18,168						18,168
Total	$	1,325,667	$	33,295	$	4,068	$	1,363,030

Aging analysis of the loan & lease portfolio by the time past due

The following tables show an aging analysis of the loan & lease portfolio by the time past due at the dates indicated

(in thousands):

March 31, 2015	30-59 Days Past Due		60-89 Days Past Due		90 Days and Still Accruing		Nonaccrual		Total Past Due		Current		Total Loans & Leases
Loans & Leases:
Commercial Real Estate	$	719	$	-	$	-	$	103	$	822	$	528,728	$	529,550
Agricultural Real Estate		-		-		-		-		-		351,866		351,866
Real Estate Construction		-		-		-		-		-		101,616		101,616
Residential 1st Mortgages		99		-		-		74		173		182,258		182,431
Home Equity Lines & Loans		-		-		-		616		616		31,108		31,724
Agricultural		-		-		-		14		14		216,217		216,231
Commercial		-		-		-		1,573		1,573		234,568		236,141
Consumer & Other		9		-		-		13		22		4,893		4,915
Leases		-		-		-		-		-		50,846		50,846
Total	$	827			$	-	$	2,393	$	3,220	$	1,702,100	$	1,705,320
December 31, 2014	30-59 Days Past Due		60-89 Days Past Due		90 Days and Still Accruing		Nonaccrual		Total Past Due		Current		Total Loans & Leases
Loans & Leases:
Commercial Real Estate	$	-	$	-	$	-	$	-	$	-	$	491,903	$	491,903
Agricultural Real Estate		-		-		-		-		-		357,207		357,207
Real Estate Construction		-		-		-		-		-		96,519		96,519
Residential 1st Mortgages		-		-		-		77		77		171,803		171,880
Home Equity Lines and Loans		79		-		-		576		655		32,362		33,017
Agricultural		-		-		-		18		18		281,945		281,963
Commercial		-		-		-		1,586		1,586		229,233		230,819
Consumer & Other		10		-		-		13		23		4,696		4,719
Leases		-		-		-		-		-		44,217		44,217
Total	$	89	$	-	$	-	$	2,270	$	2,359	$	1,709,885	$	1,712,244
March 31, 2014	30-59 Days Past Due		60-89 Days Past Due		90 Days and Still Accruing		Nonaccrual		Total Past Due		Current		Total Loans & Leases
Loans & Leases:
Commercial Real Estate	$	-	$	-	$	-	$	-	$	-	$	402,865	$	402,865
Agricultural Real Estate		-		-		-		-		-		326,112		326,112
Real Estate Construction		-		-		-		-		-		55,751		55,751
Residential 1st Mortgages		-		-		-		316		316		155,778		156,094
Home Equity Lines & Loans		30		-		-		969		999		33,290		34,289
Agricultural		-		25		-		32		57		209,171		209,228
Commercial		-		-		-		1,801		1,801		154,001		155,802
Consumer & Other		5		-		-		15		20		4,701		4,721
Leases		-		-		-		-		-		18,168		18,168
Total	$	35	$	25	$	-	$	3,133	$	3,193	$	1,359,837	$	1,363,030

Impaired loans & leases

The following tables show information related to impaired loans & leases for the periods indicated (in thousands):

March 31, 2015	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate	$	192	$	192	$	-	$	96	$	2
Residential 1st Mortgages		569		632		-		285		4
Home Equity Lines & Loans		661		701		-		331		1
Agricultural		14		27		-		7		-
Commercial		48		48		-		24		1
	$	1,484	$	1,600	$	-	$	743	$	8
With an allowance recorded:
Residential 1st Mortgages	$	359	$	429	$	18	$	648	$	4
Home Equity Lines & Loans		138		156		7		545		1
Agricultural		443		443		129		452		7
Commercial		4,793		4,889		1,118		4,768		25
Consumer & Other		43		49		37		45		1
	$	5,776	$	5,966	$	1,309	$	6,458	$	38
Total	$	7,260	$	7,566	$	1,309	$	7,201	$	46
December 31, 2014	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate	$	-	$	-	$	-	$	49	$	4
Home Equity Lines and Loans		-		-		-		169		-
Agricultural		-		-		-		15		-
Commercial		-		-		-		1,620		54
	$	-	$	-	$	-	$	1,853	$	58
With an allowance recorded:
Commercial Real Estate	$	92	$	92	$	2	$	47	$	4
Residential 1st Mortgages		937		1,069		187		612		9
Home Equity Lines and Loans		951		1,020		190		803		10
Agricultural		461		473		114		473		28
Commercial		4,742		4,813		910		3,182		54
Consumer & Other		46		51		41		46		2
	$	7,229	$	7,518	$	1,444	$	5,163	$	107
Total	$	7,229	$	7,518	$	1,444	$	7,016	$	165
March 31, 2014	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate	$	98	$	98	$	-	$	49	$	2
Home Equity Lines & Loans		677		686		-		339		-
Agricultural		32		41		-		16		-
Commercial		3,331		3,389		-		1,666		27
	$	4,138	$	4,214	$	-	$	2,070	$	29
With an allowance recorded:
Residential 1st Mortgages	$	411	$	443	$	82	$	674	$	1
Home Equity Lines & Loans		394		414		120		673		-
Agricultural		473		473		118		467		7
Commercial		1,627		1,657		814		3,185		-
Consumer & Other		48		51		48		47		1
	$	2,953	$	3,038	$	1,182	$	5,046	$	9
Total	$	7,091	$	7,252	$	1,182	$	7,116	$	38

Loans & leases by class modified as troubled debt restructured loans

The following table presents loans or leases by class modified as TDRs during the three-month period ended March 31, 2015 (in thousands):

	March 31, 2015
Troubled Debt Restructurings	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Commercial		1	$	131	$	119
Total		1	$	131	$	119

The following table presents loans or leases by class modified as TDRs for the period ended December 31, 2014 (in thousands):

	December 31, 2014
Troubled Debt Restructurings	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Residential 1st Mortgages		5	$	857	$	804
Home Equity Lines and Loans		3		98		89
Agricultural		1		32		32
Commercial		1		18		18
Consumer & Other		1		7		7
Total		11	$	1,012	$	950

The following table presents loans or leases by class modified as TDRs during the three-month period ended March 31, 2014 (in thousands):

	March 31, 2014
Troubled Debt Restructurings	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Residential 1st Mortgages		2	$	247	$	245
Agricultural		1		32		32
Total		3	$	279	$	277