Loans & Leases and Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2016

Loans & Leases and Allowance for Credit Losses [Abstract]

Allocation of 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, 2016	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, 2016	$	10,063	$	6,881	$	2,485	$	789	$	2,146		$	6,308		$	7,836		$	175		$	3,294		$	1,546	$	41,523
Charge-Offs		-		-		-		-		(19	)		-			-			(25	)		-			-		(44	)
Recoveries		2		-		-		6		2			-			27			13			-			-		50
Provision		34		2,281		109		1		(65	)		(404	)		(138	)		24			(55	)		813		2,600
Ending Balance- March 31, 2016	$	10,099	$	9,162	$	2,594	$	796	$	2,064		$	5,904		$	7,725		$	187		$	3,239		$	2,359	$	44,129
Ending Balance Individually Evaluated for Impairment		59		-		-		66		65			115			757			26			-			-		1,088
Ending Balance Collectively Evaluated for Impairment		10,040		9,162		2,594		730		1,999			5,789			6,968			161			3,239			2,359		43,041
Loans:
Ending Balance	$	611,511	$	432,281	$	166,455	$	212,205	$	31,639		$	253,655		$	213,479		$	7,066		$	64,780		$	-	$	1,993,071
Ending Balance Individually Evaluated for Impairment		3,376		163		-		1,944		1,513			605			4,714			30			-			-		12,345
Ending Balance Collectively Evaluated for Impairment	$	608,135	$	432,118	$	166,455	$	210,261	$	30,126		$	253,050		$	208,765		$	7,036		$	64,780		$	-	$	1,980,726

December 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	)		(84	)		-		-		(96	)
Recoveries		2,939			-		2,225			8			87			4		136			69			-		-		5,468
Provision		(718	)		2,696		(1,409	)		(241	)		(367	)		200		(483	)		(28	)		1,083		17		750
Ending Balance- December 31, 2015	$	10,063		$	6,881	$	2,485		$	789		$	2,146		$	6,308	$	7,836		$	175		$	3,294	$	1,546	$	41,523
Ending Balance Individually Evaluated for Impairment		61			-		-			69			35			115		905			28			-		-		1,213
Ending Balance Collectively Evaluated for Impairment		10,002			6,881		2,485			720			2,111			6,193		6,931			147			3,294		1,546		40,310
Loans & Leases:
Ending Balance	$	603,650		$	424,034	$	151,974		$	206,405		$	33,056		$	293,966	$	210,804		$	6,592		$	65,878	$	-	$	1,996,359
Ending Balance Individually Evaluated for Impairment		3,420			-		-			2,010			1,214			606		4,760			34			-		-		12,044
Ending Balance Collectively Evaluated for Impairment		600,230			424,034		151,974			204,395			31,842			293,360		206,044			6,558			65,878		-		1,984,315

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

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, 2016	Pass		Special Mention		Substandard		Total Loans & Leases
Loans & Leases:
Commercial Real Estate	$	602,242	$	8,573	$	696	$	611,511
Agricultural Real Estate		429,785		2,496		-		432,281
Real Estate Construction		164,895		1,560		-		166,455
Residential 1st Mortgages		210,884		410		911		212,205
Home Equity Lines & Loans		30,701		72		866		31,639
Agricultural		252,387		638		630		253,655
Commercial		202,878		7,582		3,019		213,479
Consumer & Other		6,856		-		210		7,066
Leases		60,441		4,339		-		64,780
Total	$	1,961,069	$	25,670	$	6,332	$	1,993,071

December 31, 2015	Pass		Special Mention		Substandard		Total Loans
Loans & Leases:
Commercial Real Estate	$	595,011	$	7,917	$	722	$	603,650
Agricultural Real Estate		424,034		-		-		424,034
Real Estate Construction		150,379		1,595		-		151,974
Residential 1st Mortgages		205,135		413		857		206,405
Home Equity Lines and Loans		32,419		75		562		33,056
Agricultural		293,325		9		632		293,966
Commercial		199,467		8,160		3,177		210,804
Consumer & Other		6,411		-		181		6,592
Leases		65,878		-		-		65,878
Total	$	1,972,059	$	18,169	$	6,131	$	1,996,359

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

Aging Analysis of Loan & Lease Portfolio by 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, 2016	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	$	696	$	-	$	-	$	-	$	696	$	610,815	$	611,511
Agricultural Real Estate		-		-		-		163		163		432,118		432,281
Real Estate Construction		-		-		-		-		-		166,455		166,455
Residential 1st Mortgages		-		-		-		62		62		212,143		212,205
Home Equity Lines & Loans		-		-		-		564		564		31,075		31,639
Agricultural		-		-		-		-		-		253,655		253,655
Commercial		-		-		-		1,499		1,499		211,980		213,479
Consumer & Other		5		-		-		9		14		7,052		7,066
Leases		-		-		-		-		-		64,780		64,780
Total	$	701			$	-	$	2,297	$	2,998	$	1,990,073	$	1,993,071

December 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	$	705	$	-	$	-	$	19	$	724	$	602,926	$	603,650
Agricultural Real Estate		-		-		-		-		-		424,034		424,034
Real Estate Construction		-		-		-		-		-		151,974		151,974
Residential 1st Mortgages		97		194		-		65		356		206,049		206,405
Home Equity Lines and Loans		-		-		-		538		538		32,518		33,056
Agricultural		-		-		-		-		-		293,966		293,966
Commercial		-		-		-		1,524		1,524		209,280		210,804
Consumer & Other		7		-		-		10		17		6,575		6,592
Leases		-		-		-		-		-		65,878		65,878
Total	$	809	$	194	$	-	$	2,156	$	3,159	$	1,993,200	$	1,996,359

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

Impaired Loans & Leases

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

March 31, 2016	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate	$	80	$	80	$	-	$	91	$	2
Agricultural Real Estate		163		163		-		82		3
Residential 1st Mortgages		329		371		-		440		2
Home Equity Lines & Loans		725		796		-		653		-
Agricultural		193		193		-		193		-
Commercial		3,083		3,083		-		3,093		33
	$	4,573	$	4,686	$	-	$	4,552	$	40
With an allowance recorded:
Residential 1st Mortgages	$	242	$	282	$	12	$	295	$	3
Home Equity Lines & Loans		218		231		35		176		1
Agricultural		413		413		115		413		6
Commercial		1,631		1,789		757		1,644		6
Consumer & Other		26		31		26		30		-
	$	2,530	$	2,746	$	945	$	2,558	$	16
Total	$	7,103	$	7,432	$	945	$	7,110	$	56

December 31, 2015	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate	$	102	$	104	$	-	$	479	$	7
Residential 1st Mortgages		551		618		-		560		16
Home Equity Lines and Loans		581		646		-		620		3
Agricultural		193		193		-		105		3
Commercial		3,103		3,103		-		2,349		85
	$	4,530	$	4,664	$	-	$	4,113	$	114
With an allowance recorded:
Residential 1st Mortgages	$	348	$	420	$	17	$	354	$	16
Home Equity Lines and Loans		134		151		7		136		5
Agricultural		412		413		115		431		28
Commercial		1,657		1,798		905		2,456		31
Consumer & Other		34		40		29		39		3
	$	2,585	$	2,822	$	1,073	$	3,416	$	83
Total	$	7,115	$	7,486	$	1,073	$	7,529	$	197

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

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, 2016 (in thousands):

	March 31, 2016
Troubled Debt Restructurings	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Home Equity Lines & Loans		2	$	305	$	286
Total		2	$	305	$	286

The following table presents loans by class modified as troubled debt restructured loans for the period ended December 31, 2015 (in thousands):

			December 31, 2015
Troubled Debt Restructurings	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Agricultural		1	$	194	$	194
Commercial		1		131		119
Total		2	$	325	$	313

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