Loans and Allowance for Credit Losses (Tables)

12 Months Ended

Dec. 31, 2022

Receivables [Abstract]

Loans Held-for-Investment by Portfolio Segment

Loans held-for-investment by portfolio segment are as follows (dollars in thousands):

	December 31,
	2022			2021
Commercial:
C&I *	$	917,317		$	837,075
Municipal		221,090			177,905
Total Commercial		1,138,407			1,014,980
Agricultural		76,947			98,089
Real Estate:
Construction & Development		959,426			749,793
Farm		306,322			217,220
Non-Owner Occupied CRE		732,089			623,434
Owner Occupied CRE		954,400			821,653
Residential		1,575,758			1,334,419
Total Real Estate		4,527,995			3,746,519
Consumer:
Auto		550,635			405,416
Non-Auto		147,884			123,968
Total Consumer		698,519			529,384
Total Loans		6,441,868			5,388,972
Less: Allowance for credit losses		(75,834	)		(63,465	)
Loans, net	$	6,366,034		$	5,325,507

* All disclosures for the C&I loan segment include PPP loan balances, net of deferred fees, as disclosed on the face of the consolidated balance sheet.

Non-Accrual Loans, Loans Still Accruing and Past Due 90 Days or More and Restructured Loans

The Company’s nonaccrual loans, loans still accruing and past due 90 days or more and restructured loans are as follows (dollars in thousands):

	December 31,
	2022		2021
Nonaccrual loans	$	24,306	$	31,652
Loans still accruing and past due 90 days or more		—		8
Troubled debt restructured loans*		19		21
Total	$	24,325	$	31,681

* Troubled debt restructured loans of $3,624,000 and $6,721,000, for which interest collection is doubtful, are included in nonaccrual loans as of December 31, 2022 and 2021, respectively.

Schedule of Non-Accrual Loans

Nonaccrual loans totaled $24,306,000 and $31,652,000 at December 31, 2022 and 2021, respectively, and consisted of the following (in thousands):

	December 31,
	2022		2021
Commercial:
C&I	$	5,057	$	5,370
Municipal		—		—
Total Commercial		5,057		5,370
Agricultural		324		4,920
Real Estate:
Construction & Development		1,567		708
Farm		85		1,173
Non-Owner Occupied CRE		2,321		2,671
Owner Occupied CRE		7,092		7,897
Residential		7,400		8,360
Total Real Estate		18,465		20,809
Consumer:
Auto		429		514
Non-Auto		31		39
Total Consumer		460		553
Total	$	24,306	$	31,652

Changes in Allowance for Loan Losses

Summary information on the allowance for credit losses for the year ended December 31, 2022 and 2021, are outlined by portfolio segment in the following tables (in thousands):

Year-ended December 31, 2022	C&I			Municipal		Agricultural			Construction & Development			Farm
Beginning balance	$	12,280		$	348	$	1,597		$	17,627		$	663
Provision for loan losses		3,485			678		(702	)		8,916			1,294
Recoveries		953			—		155			—			—
Charge-offs		(589	)		—		(9	)		(100	)		—
Ending balance	$	16,129		$	1,026	$	1,041		$	26,443		$	1,957

Year-ended December 31, 2022 (continued)	Non-Owner Occupied CRE			Owner Occupied CRE			Residential			Auto			Non-Auto			Total
Beginning balance	$	10,722		$	10,828		$	8,133		$	896		$	371		$	63,465
Provision for loan losses		(2,499	)		(1,062	)		1,014			252			164			11,540
Recoveries		852			699			114			293			215			3,281
Charge-offs		—			(537	)		(186	)		(596	)		(435	)		(2,452	)
Ending balance	$	9,075		$	9,928		$	9,075		$	845		$	315		$	75,834

Year-ended December 31, 2021	C&I			Municipal			Agricultural			Construction & Development		Farm
Beginning balance	$	13,609		$	1,552		$	1,255		$	13,512	$	1,876
Provision for loan losses		(1,879	)		(1,204	)		2,989			4,114		(1,323	)
Recoveries		2,150			—			36			1		110
Charge-offs		(1,600	)		—			(2,683	)		—		—
Ending balance	$	12,280		$	348		$	1,597		$	17,627	$	663

Year-ended December 31, 2021 (continued)	Non-Owner Occupied CRE			Owner Occupied CRE			Residential			Auto			Non-Auto			Total
Beginning balance	$	8,391		$	12,347		$	12,601		$	1,020		$	371		$	66,534
Provision for loan losses		1,635			(2,109	)		(4,471	)		85			74			(2,089	)
Recoveries		702			821			96			401			211			4,528
Charge-offs		(6	)		(231	)		(93	)		(610	)		(285	)		(5,508	)
Ending balance		10,722			10,828			8,133			896			371		$	63,465

Schedule of loans that are individually evaluated for credit losses

The Company’s loans that are individually evaluated for credit losses (both collateral and non-collateral dependent) and their related allowances as of December 31, 2022 and December 31, 2021, are summarized in the following table by loan segment (in thousands):

December 31, 2022	Collateral Dependent Loans Individually Evaluated for Credit Losses Without an Allowance		Collateral Dependent Loans Individually Evaluated for Credit Losses With an Allowance		Non-Collateral Dependent Loans Individually Evaluated for Credit Losses		Total Loans Individually Evaluated for Credit Losses		Related Allowance on Collateral Dependent Loans		Related Allowance on Non- Collateral Dependent Loans		Total Allowance for Credit Losses on Loans Individually Evaluated for Credit Losses
Commercial:
C&I	$	—	$	5,057	$	24,325	$	29,382	$	3,513	$	4,885	$	8,398
Municipal		—		—		58		58		—		—		—
Total Commercial		—		5,057		24,383		29,440		3,513		4,885		8,398
Agricultural		116		209		354		679		122		276		398
Real Estate:
Construction & Development		577		990		4,873		6,440		193		112		305
Farm		—		85		1,578		1,663		2		34		36
Non-Owner Occupied CRE		2,062		259		36,037		38,358		16		2,341		2,357
Owner Occupied CRE		4,363		2,728		29,115		36,206		91		1,509		1,600
Residential		5,132		2,268		28,583		35,983		229		1,215		1,444
Total Real Estate		12,134		6,330		100,186		118,650		531		5,211		5,742
Consumer:
Auto		—		429		931		1,360		1		1		2
Non-Auto		—		31		538		569		—		1		1
Total Consumer		—		460		1,469		1,929		1		2		3
Total	$	12,250	$	12,056	$	126,392	$	150,698	$	4,167	$	10,374	$	14,541

December 31, 2021	Collateral Dependent Loans Individually Evaluated for Credit Losses Without an Allowance		Collateral Dependent Loans Individually Evaluated for Credit Losses With an Allowance		Non-Collateral Dependent Loans Individually Evaluated for Credit Losses		Total Loans Individually Evaluated for Credit Losses		Related Allowance on Collateral Dependent Loans		Related Allowance on Non- Collateral Dependent Loans		Total Allowance for Credit Losses on Loans Individually Evaluated for Credit Losses
Commercial:
C&I	$	749	$	4,621	$	19,021	$	24,391	$	2,533	$	4,094	$	6,627
Municipal		—		—		109		109		—		—		—
Total Commercial		749		4,621		19,130		24,500		2,533		4,094		6,627
Agricultural		3,026		1,894		478		5,398		1,086		359		1,445
Real Estate:
Construction & Development		102		606		4,765		5,473		90		135		225
Farm		997		176		1,969		3,142		—		2		2
Non-Owner Occupied CRE		2,543		128		31,797		34,468		15		4,044		4,059
Owner Occupied CRE		6,548		1,349		40,607		48,504		152		3,329		3,481
Residential		5,990		2,370		29,210		37,570		307		1,719		2,026
Total Real Estate		16,180		4,629		108,348		129,157		564		9,229		9,793
Consumer:
Auto		—		514		1,161		1,675		1		3		4
Non-Auto		—		39		416		455		—		1		1
Total Consumer		—		553		1,577		2,130		1		4		5
Total	$	19,955	$	11,697	$	129,533	$	161,185	$	4,184	$	13,686	$	17,870

Schedule of Allowance for Loan Losses by Portfolio Segment

Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

December 31, 2022	C&I		Municipal		Agricultural		Construction & Development		Farm
Loans individually evaluated for credit losses	$	8,398	$	—	$	398	$	305	$	36
Loans collectively evaluated for credit losses		7,731		1,026		643		26,138		1,921
Total	$	16,129	$	1,026	$	1,041	$	26,443	$	1,957

December 31, 2022 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	2,357	$	1,600	$	1,444	$	2	$	1	$	14,541
Loans collectively evaluated for credit losses		6,718		8,328		7,631		843		314		61,293
Total	$	9,075	$	9,928	$	9,075	$	845	$	315	$	75,834

December 31, 2021	C&I		Municipal		Agricultural		Construction & Development		Farm
Loans individually evaluated for credit losses	$	6,627	$	—	$	1,445	$	225	$	2
Loans collectively evaluated for credit losses		5,653		348		152		17,402		661
Total	$	12,280	$	348	$	1,597	$	17,627	$	663

December 31, 2021 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	4,059	$	3,481	$	2,026	$	4	$	1	$	17,870
Loans collectively evaluated for credit losses		6,663		7,347		6,107		892		370		45,595
Total	$	10,722	$	10,828	$	8,133	$	896	$	371	$	63,465

Schedule of Investment in Loans Related to Balance in Allowance for Loan Losses on Basis of Company's Impairment Methodology

The Company’s recorded investment in loans as of December 31, 2022 and December 31, 2021, related to the balance in the allowance for credit losses follows below (in thousands).

December 31, 2022	C&I		Municipal		Agriculture		Construction & Development		Farm
Loans individually evaluated for credit losses	$	29,382	$	58	$	679	$	6,440	$	1,663
Loans collectively evaluated for credit losses		887,935		221,032		76,268		952,986		304,659
Total	$	917,317	$	221,090	$	76,947	$	959,426	$	306,322

December 31, 2022 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	38,358	$	36,206	$	35,983	$	1,360	$	569	$	150,698
Loans collectively evaluated for credit losses		693,731		918,194		1,539,775		549,275		147,315		6,291,170
Total	$	732,089	$	954,400	$	1,575,758	$	550,635	$	147,884	$	6,441,868

December 31, 2021	C&I		Municipal		Agriculture		Construction & Development		Farm
Loans individually evaluated for credit losses	$	24,391	$	109	$	5,398	$	5,473	$	3,142
Loans collectively evaluated for credit losses		812,684		177,796		92,691		744,320		214,078
Total	$	837,075	$	177,905	$	98,089	$	749,793	$	217,220

December 31, 2021 (continued)	Non-Owner Occupied CRE		Owner Occupied CRE		Residential		Auto		Non-Auto		Total
Loans individually evaluated for credit losses	$	34,468	$	48,504	$	37,570	$	1,675	$	455	$	161,185
Loans collectively evaluated for credit losses		588,966		773,149		1,296,849		403,741		123,513		5,227,787
Total	$	623,434	$	821,653	$	1,334,419	$	405,416	$	123,968	$	5,388,972

Schedule of Company's Internal Ratings of its Loans Held-for-Investment, Including The Year of Origination, by Portfolio Segments

The following tables summarize the Company’s internal ratings of its loans held-for-investment, including the year of origination, by portfolio segments, at December 31, 2022 (in millions):

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
C&I
Risk rating:
Pass	$	627	$	157	$	52	$	22	$	16	$	13	$	—	$	887
Special mention		4		1		2		1		—		—		—		8
Substandard		13		5		2		1		1		—		—		22
Doubtful		—		—		—		—		—		—		—		—
Total	$	644	$	163	$	56	$	24	$	17	$	13	$	—	$	917

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Municipal
Risk rating:
Pass	$	79	$	19	$	15	$	4	$	20	$	84	$	—	$	221
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Total	$	79	$	19	$	15	$	4	$	20	$	84	$	—	$	221

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Agricultural
Risk rating:
Pass	$	60	$	9	$	3	$	2	$	1	$	1	$	—	$	76
Special mention		—		—		—		—		—		—		—		—
Substandard		—		1		—		—		—		—		—		1
Doubtful		—		—		—		—		—		—		—		—
Total	$	60	$	10	$	3	$	2	$	1	$	1	$	—	$	77

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Construction & Development
Risk rating:
Pass	$	638	$	218	$	70	$	13	$	8	$	7	$	—	$	954
Special mention		1		—		—		—		—		—		—		1
Substandard		4		1		—		—		—		—		—		5
Doubtful		—		—		—		—		—		—		—		—
Total	$	643	$	219	$	70	$	13	$	8	$	7	$	—	$	960

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Farm
Risk rating:
Pass	$	147	$	85	$	32	$	11	$	8	$	21	$	—	$	304
Special mention		—		—		—		—		—		—		—		—
Substandard		1		—		—		—		—		1		—		2
Doubtful		—		—		—		—		—		—		—		—
Total	$	148	$	85	$	32	$	11	$	8	$	22	$	—	$	306

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Non-Owner Occupied CRE
Risk rating:
Pass	$	258	$	191	$	100	$	49	$	21	$	75	$	—	$	694
Special mention		—		1		1		11		—		7		—		20
Substandard		8		1		1		2		1		5		—		18
Doubtful		—		—		—		—		—		—		—		—
Total	$	266	$	193	$	102	$	62	$	22	$	87	$	—	$	732

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Owner Occupied CRE
Risk rating:
Pass	$	316	$	224	$	128	$	74	$	63	$	113	$	—	$	918
Special mention		1		—		1		8		—		1		—		11
Substandard		1		2		1		2		9		10		—		25
Doubtful		—		—		—		—		—		—		—		—
Total	$	318	$	226	$	130	$	84	$	72	$	124	$	—	$	954

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Residential
Risk rating:
Pass	$	513	$	355	$	173	$	82	$	64	$	214	$	139	$	1,540
Special mention		1		3		2		—		—		3		1		10
Substandard		6		3		2		2		1		9		3		26
Doubtful		—		—		—		—		—		—		—		—
Total	$	520	$	361	$	177	$	84	$	65	$	226	$	143	$	1,576

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Auto
Risk rating:
Pass	$	331	$	131	$	55	$	25	$	6	$	2	$	—	$	550
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		1		—		—		—		—		1
Doubtful		—		—		—		—		—		—		—		—
Total	$	331	$	131	$	56	$	25	$	6	$	2	$	—	$	551

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Non-Auto
Risk rating:
Pass	$	85	$	41	$	9	$	3	$	1	$	1	$	7	$	147
Special mention		—		—		—		—		—		—		—		—
Substandard		—		1		—		—		—		—		—		1
Doubtful		—		—		—		—		—		—		—		—
Total	$	85	$	42	$	9	$	3	$	1	$	1	$	7	$	148

December 31,	2022		2021		2020		2019		2018		Prior		Revolving Loans Amort Cost Basis		Total
Total Loans
Risk rating:
Pass	$	3,054	$	1,430	$	637	$	285	$	208	$	531	$	146	$	6,291
Special mention		7		5		6		20		—		11		1		50
Substandard		33		14		7		7		12		25		3		101
Doubtful		—		—		—		—		—		—		—		—
Total	$	3,094	$	1,449	$	650	$	312	$	220	$	567	$	150	$	6,442

The following tables summarize the Company’s internal ratings of its loans held-for-investment, including the year of origination by portfolio segments, at December 31, 2021 (in millions):

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
C&I
Risk rating:
Pass	$	526	$	178	$	52	$	29	$	17	$	11	$	—	$	813
Special mention		4		1		4		—		—		—		—		9
Substandard		7		4		1		3		—		—		—		15
Doubtful		—		—		—		—		—		—		—		—
Total	$	537	$	183	$	57	$	32	$	17	$	11	$	—	$	837

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Municipal
Risk rating:
Pass	$	39	$	15	$	6	$	22	$	17	$	79	$	—	$	178
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Total	$	39	$	15	$	6	$	22	$	17	$	79	$	—	$	178

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Agricultural
Risk rating:
Pass	$	69	$	8	$	6	$	6	$	3	$	1	$	—	$	93
Special mention		—		—		—		—		—		—		—		—
Substandard		4		1		—		—		—		—		—		5
Doubtful		—		—		—		—		—		—		—		—
Total	$	73	$	9	$	6	$	6	$	3	$	1	$	—	$	98

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Construction & Development
Risk rating:
Pass	$	557	$	134	$	24	$	14	$	7	$	8	$	—	$	744
Special mention		2		—		—		—		—		—		—		2
Substandard		2		2		—		—		—		—		—		4
Doubtful		—		—		—		—		—		—		—		—
Total	$	561	$	136	$	24	$	14	$	7	$	8	$	—	$	750

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Farm
Risk rating:
Pass	$	117	$	42	$	15	$	10	$	7	$	23	$	—	$	214
Special mention		—		—		—		—		—		—		—		—
Substandard		1		1		—		1		—		—		—		3
Doubtful		—		—		—		—		—		—		—		—
Total	$	118	$	43	$	15	$	11	$	7	$	23	$	—	$	217

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Non-Owner Occupied CRE
Risk rating:
Pass	$	214	$	128	$	77	$	56	$	31	$	84	$	—	$	590
Special mention		—		1		12		—		7		3		—		23
Substandard		—		1		3		1		3		3		—		11
Doubtful		—		—		—		—		—		—		—		—
Total	$	214	$	130	$	92	$	57	$	41	$	90	$	—	$	624

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Owner Occupied CRE
Risk rating:
Pass	$	250	$	143	$	114	$	90	$	59	$	117	$	—	$	773
Special mention		2		2		1		—		1		1		—		7
Substandard		8		2		3		13		5		11		—		42
Doubtful		—		—		—		—		—		—		—		—
Total	$	260	$	147	$	118	$	103	$	65	$	129	$	—	$	822

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Residential
Risk rating:
Pass	$	477	$	230	$	115	$	84	$	68	$	222	$	100	$	1,296
Special mention		3		4		—		1		1		3		1		13
Substandard		3		3		3		2		2		10		2		25
Doubtful		—		—		—		—		—		—		—		—
Total	$	483	$	237	$	118	$	87	$	71	$	235	$	103	$	1,334

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Auto
Risk rating:
Pass	$	218	$	105	$	54	$	17	$	7	$	2	$	—	$	403
Special mention		1		—		—		—		—		—		—		1
Substandard		—		—		1		—		—		—		—		1
Doubtful		—		—		—		—		—		—		—		—
Total	$	219	$	105	$	55	$	17	$	7	$	2	$	—	$	405

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Non-Auto
Risk rating:
Pass	$	81	$	22	$	8	$	4	$	1	$	1	$	7	$	124
Special mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
Total	$	81	$	22	$	8	$	4	$	1	$	1	$	7	$	124

December 31,	2021		2020		2019		2018		2017		Prior		Revolving Loans Amort Cost Basis		Total
Total Loans
Risk rating:
Pass	$	2,548	$	1,005	$	471	$	332	$	217	$	548	$	107	$	5,228
Special mention		12		8		17		1		9		7		1		55
Substandard		25		14		11		20		10		24		2		106
Doubtful		—		—		—		—		—		—		—		—
Total	$	2,585	$	1,027	$	499	$	353	$	236	$	579	$	110	$	5,389

Schedule of Past Due Loans

At December 31, 2022 and 2021, the Company’s past due loans are as follows (in thousands):

December 31, 2022	15-59 Days Past Due*		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans		90 Days Past Due Still Accruing
Commercial:
C&I	$	3,924	$	297	$	1,646	$	5,867	$	911,450	$	917,317	$	—
Municipal		76		783		—		859		220,231		221,090		—
Total Commercial		4,000		1,080		1,646		6,726		1,131,681		1,138,407		—
Agricultural		243		—		—		243		76,704		76,947		—
Real Estate:
Construction & Development		3,751		—		175		3,926		955,500		959,426		—
Farm		668		—		—		668		305,654		306,322		—
Non-Owner Occupied CRE		1,444		160		—		1,604		730,485		732,089		—
Owner Occupied CRE		1,151		—		—		1,151		953,249		954,400		—
Residential		8,720		707		266		9,693		1,566,065		1,575,758		—
Total Real Estate		15,734		867		441		17,042		4,510,953		4,527,995		—
Consumer:
Auto		779		30		—		809		549,826		550,635		—
Non-Auto		50		—		—		50		147,834		147,884		—
Total Consumer		829		30		—		859		697,660		698,519		—
Total	$	20,806	$	1,977	$	2,087	$	24,870	$	6,416,998	$	6,441,868	$	—

December 31, 2021	15-59 Days Past Due*		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans		90 Days Past Due Still Accruing
Commercial:
C&I	$	3,638	$	34	$	222	$	3,894	$	833,181	$	837,075	$	5
Municipal		63		—		—		63		177,842		177,905		—
Total Commercial		3,701		34		222		3,957		1,011,023		1,014,980		5
Agricultural		181		—		—		181		97,908		98,089		—
Real Estate:
Construction & Development		2,953		39		—		2,992		746,801		749,793		—
Farm		600		215		—		815		216,405		217,220		—
Non-Owner Occupied CRE		235		—		—		235		623,199		623,434		—
Owner Occupied CRE		813		—		280		1,093		820,560		821,653		—
Residential		4,984		327		410		5,721		1,328,698		1,334,419		—
Total Real Estate		9,585		581		690		10,856		3,735,663		3,746,519		—
Consumer:
Auto		393		26		—		419		404,997		405,416		—
Non-Auto		145		24		3		172		123,796		123,968		3
Total Consumer		538		50		3		591		528,793		529,384		3
Total	$	14,005	$	665	$	915	$	15,585	$	5,373,387	$	5,388,972	$	8

* The Company monitors commercial, agricultural and real estate loans after such loans are 15 days past due. Consumer loans are monitored after such loans are 30 days past due.

Schedule of Loans Modified and Considered Troubled Debt Restructurings

The Company’s loans that were modified in the years ended December 31, 2022 and 2021, and considered troubled debt restructurings are as follows (in thousands):

	Year Ended December 31, 2022						Year Ended December 31, 2021
			Pre- Modification		Post- Modification				Pre- Modification		Post- Modification
			Recorded		Recorded				Recorded		Recorded
	Number		Investment		Investment		Number		Investment		Investment
Commercial:
C&I		1	$	206	$	206		4	$	361	$	361
Municipal		—		—		—		—		—		—
Total Commercial		1		206		206		4		361		361
Agricultural		—		—		—		4		3,988		3,988
Real Estate:
Construction & Development		—		—		—		1		200		200
Farm		—		—		—		—		—		—
Non-Owner Occupied CRE		—		—		—		—		—		—
Owner Occupied CRE		1		1,788		1,788		3		1,047		1,047
Residential		1		129		129		5		519		519
Total Real Estate		2		1,917		1,917		9		1,766		1,766
Consumer:
Auto		—		—		—		2		51		51
Non-Auto		—		—		—		1		9		9
Total Consumer		—		—		—		3		60		60
Total		3	$	2,123	$	2,123		20	$	6,175	$	6,175

Schedule of How Loans Were Modified as Troubled Debt Restructured Loans

The balances below provide information as to how the loans were modified as troubled debt restructured loans during the years ended December 31, 2022 and 2021 (in thousands):

	Year Ended December 31, 2022						Year Ended December 31, 2021
	Adjusted				Combined		Adjusted				Combined
	Interest		Extended		Rate and		Interest		Extended		Rate and
	Rate		Maturity		Maturity		Rate		Maturity		Maturity
Commercial:
C&I	$	—	$	—	$	206	$	—	$	212	$	149
Municipal		—		—		—		—		—		—
Total Commercial		—		—		206		—		212		149
Agricultural		—		—		—		—		68		3,920
Real Estate:
Construction & Development		—		—		—		—		200		—
Farm		—		—		—		—		—		—
Non-Owner Occupied CRE		—		—		—		—		—		—
Owner Occupied CRE		—		—		1,788		—		—		1,047
Residential		—		—		129		—		262		257
Total Real Estate		—		—		1,917		—		462		1,304
Consumer:
Auto		—		—		—		—		—		51
Non-Auto		—		—		—		—		—		9
Total Consumer		—		—		—		—		—		60
Total	$	—	$	—	$	2,123	$	—	$	742	$	5,433

Analysis of Changes in Loans to Officers, Directors, Principal Shareholders, or Associates of Such Persons

An analysis of the changes in loans to officers, directors, principal shareholders, or associates of such persons for the year ended December 31, 2022 (determined as of each respective year-end) follows (in thousands):

	Beginning Balance		Additional Loans		Payments		Ending Balance
Year Ended December 31, 2022	$	137,527	$	233,232	$	262,992	$	107,767