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Loans and Allowance (Tables)
 9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Schedule of composition of loan portfolio by loan class
The following table illustrates the composition of the Corporation’s loan portfolio by loan class for the periods indicated:
September 30, 2020December 31, 2019
Commercial and industrial loans$2,875,331 $2,109,879 
Agricultural production financing and other loans to farmers83,090 93,861 
Real estate loans:
Construction622,084 787,568 
Commercial and farmland3,248,506 3,052,698 
Residential1,146,406 1,143,217 
Home equity527,458 588,984 
Individuals' loans for household and other personal expenditures125,411 135,989 
Public finance and other commercial loans615,547 547,114 
  Loans9,243,833 8,459,310 
Allowance for loan losses(126,726)(80,284)
             Net Loans$9,117,107 $8,379,026 
Schedule of changes in allowance for loan losses
The following tables summarize changes in the allowance for loan losses by loan segment for the three and nine months ended September 30, 2020 and September 30, 2019:
 Three Months Ended September 30, 2020
 CommercialCommercial
Real Estate		ConsumerResidentialTotal
Allowance for loan losses:     
Balances, June 30, 2020$44,678 $46,918 $8,445 $21,078 $121,119 
Provision for losses7,299 2,990 971 1,284 12,544 
Recoveries on loans197 46 54 130 427 
Loans charged off(6,827)— (92)(445)(7,364)
Balances, September 30, 2020$45,347 $49,954 $9,378 $22,047 $126,726 
Nine Months Ended September 30, 2020
 CommercialCommercial
Real Estate		ConsumerResidentialTotal
Allowance for loan losses:     
Balances, December 31, 2019$32,902 $28,778 $4,035 $14,569 $80,284 
Provision for losses19,240 21,129 5,678 8,144 54,191 
Recoveries on loans746 271 152 248 1,417 
Loans charged off(7,541)(224)(487)(914)(9,166)
Balances, September 30, 2020$45,347 $49,954 $9,378 $22,047 $126,726 
Three Months Ended September 30, 2019
 CommercialCommercial
Real Estate		ConsumerResidentialTotal
Allowance for loan losses:     
Balances, June 30, 2019$33,202 $29,531 $4,070 $14,471 $81,274 
Provision for losses130 370 40 60 600 
Recoveries on loans149 143 105 199 596 
Loans charged off(480)(1,078)(109)(232)(1,899)
Balances, September 30, 2019$33,001 $28,966 $4,106 $14,498 $80,571 
 Nine Months Ended September 30, 2019
 CommercialCommercial
Real Estate		ConsumerResidentialTotal
Allowance for loan losses:     
Balances, December 31, 2018$32,657 $29,609 $3,964 $14,322 $80,552 
Provision for losses466 1,459 181 194 2,300 
Recoveries on loans1,035 1,166 323 511 3,035 
Loans charged off(1,157)(3,268)(362)(529)(5,316)
Balances, September 30, 2019$33,001 $28,966 $4,106 $14,498 $80,571 
Schedule of allowance for credit losses and loan portfolio by loan segment
The tables below show the Corporation’s allowance for loan losses and loan portfolio by loan segment as of the periods indicated.
 September 30, 2020
 CommercialCommercial
Real Estate		ConsumerResidentialTotal
Allowance Balances:     
Individually evaluated for impairment$601 $7,981 $— $557 $9,139 
Collectively evaluated for impairment44,746 41,973 9,378 21,490 117,587 
Total Allowance for Loan Losses$45,347 $49,954 $9,378 $22,047 $126,726 
Loan Balances: 
Individually evaluated for impairment$4,837 $44,203 $3 $3,441 $52,484 
Collectively evaluated for impairment3,568,432 3,819,629 125,408 1,670,423 9,183,892 
Loans acquired with deteriorated credit quality699 6,758 — — 7,457 
Loans$3,573,968 $3,870,590 $125,411 $1,673,864 $9,243,833 
 December 31, 2019
 CommercialCommercial
Real Estate		ConsumerResidentialTotal
Allowance Balances:     
Individually evaluated for impairment$— $231 $— $458 $689 
Collectively evaluated for impairment32,902 28,547 4,035 14,111 79,595 
Total Allowance for Loan Losses$32,902 $28,778 $4,035 $14,569 $80,284 
Loan Balances:     
Individually evaluated for impairment$457 $8,728 $4 $2,520 $11,709 
Collectively evaluated for impairment2,748,681 3,821,660 135,985 1,727,966 8,434,292 
Loans acquired with deteriorated credit quality1,716 9,878 — 1,715 13,309 
Loans$2,750,854 $3,840,266 $135,989 $1,732,201 $8,459,310 
Schedule of non-accrual loans by loan class
The following table summarizes the Corporation’s non-accrual loans by loan class as of the periods indicated:
September 30, 2020December 31, 2019
Commercial and industrial loans$5,947 $1,255 
Agriculture production financing and other loans to farmers— 183 
Real estate loans: 
Construction126 977 
Commercial and farmland43,030 7,007 
Residential4,914 5,062 
Home equity2,674 1,421 
Individuals' loans for household and other personal expenditures48 44 
Public finance and other commercial loans— — 
Total$56,739 $15,949 
Schedule of composition of impaired loans by loan class
The following tables show the composition of the Corporation’s impaired loans, related allowance and interest income recognized while impaired by loan class as of the periods indicated:
 September 30, 2020
 Unpaid
Principal
Balance		Recorded
Investment		Related
Allowance
Impaired loans with no related allowance:  
Commercial and industrial loans$10,975 $3,819 $— 
Agriculture production financing and other loans to farmers63 — — 
Real estate Loans:
Commercial and farmland12,385 10,782 — 
Residential74 58 — 
Individuals' loans for household and other personal expenditures3 3 — 
Total$23,500 $14,662 $— 
Impaired loans with related allowance: 
Commercial and industrial loans$1,019 $1,018 $601 
Real estate Loans:
Commercial and farmland34,207 33,421 7,981 
Residential3,045 2,908 475 
Home equity501 475 82 
Total$38,772 $37,822 $9,139 
Total Impaired Loans$62,272 $52,484 $9,139 
 December 31, 2019
 Unpaid
Principal
Balance		Recorded
Investment		Related
Allowance
Impaired loans with no related allowance:   
Commercial and industrial loans$320 $320 $— 
Agriculture production financing and other loans to farmers299 137 — 
Real estate Loans:   
Construction1,206 970 — 
Commercial and farmland8,037 5,849 — 
Residential93 76 — 
Total$9,955 $7,352 $— 
Impaired loans with related allowance:   
Real estate Loans:   
Commercial and farmland$2,648 $1,909 $231 
Residential2,070 2,044 383 
Home equity417 400 75 
Individuals' loans for household and other personal expenditures4 4 — 
Total$5,139 $4,357 $689 
Total Impaired Loans$15,094 $11,709 $689 
 Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
 Average
Recorded Investment		Interest
Income Recognized		Average
Recorded Investment		Interest
Income Recognized
Impaired loans with no related allowance:    
Commercial and industrial loans$8,625 $— $9,225 $— 
Real estate Loans:
Commercial and farmland10,812 37 11,059 113 
Residential58 1 59 2 
Individuals' loans for household and other personal expenditures3 — 3 — 
Total$19,498 $38 $20,346 $115 
Impaired loans with related allowance:   
Commercial and industrial loans$1,018 $— $1,018 $— 
Real estate Loans:
Commercial and farmland33,390 — 33,543 — 
Residential2,921 18 2,951 53 
Home equity482 4 488 11 
Total$37,811 $22 $38,000 $64 
Total Impaired Loans$57,309 $60 $58,346 $179 
 Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
 Average
Recorded Investment		Interest
Income Recognized		Average
Recorded Investment		Interest
Income Recognized
Impaired loans with no related allowance:    
Commercial and industrial loans$877 $— $881 $— 
Agriculture production financing and other loans to farmers1,012 — 1,014 — 
Real estate Loans:
Construction— — 339 — 
Commercial and farmland8,075 39 8,651 117 
Residential189 — 190 2 
Total$10,153 $39 $11,075 $119 
Impaired loans with related allowance:
Commercial and industrial loans$329 $— $329 $— 
Agriculture production financing and other loans to farmers2,100 — 2,123 — 
Real estate Loans:
Commercial and farmland1,324 — 1,324 — 
Residential2,072 15 2,095 47 
Home equity346 3 350 9 
Individuals' loans for household and other personal expenditures4 — 5 — 
Total$6,175 $18 $6,226 $56 
Total Impaired Loans$16,328 $57 $17,301 $175 
Schedule of credit quality of loan portfolio by loan class
The following tables summarize the credit quality of the Corporation’s loan portfolio, by loan class for the periods indicated. Consumer non-performing loans include accruing consumer loans 90-days or more delinquent and consumer non-accrual loans. The entire balance of a loan is considered delinquent if the minimum payment contractually required to be made is not received by the specified date. Loans that evidenced deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected are included in the applicable categories below.
 September 30, 2020
 Commercial
Pass		Commercial
Special
Mention		Commercial SubstandardCommercial
Doubtful		Commercial LossConsumer PerformingConsumer
Non-Performing		Total
Commercial and industrial loans$2,651,863 $130,786 $92,682 $— $— $— $— $2,875,331 
Agriculture production financing and other loans to farmers70,380 4,810 7,900 — — — — 83,090 
Real estate Loans: 
Construction570,635 10,830 14,362 — — 26,135 122 622,084 
Commercial and farmland3,018,791 109,661 118,721 — — 1,333 — 3,248,506 
Residential195,916 1,522 6,337 — — 938,731 3,900 1,146,406 
Home equity14,218 57 929 — — 509,676 2,578 527,458 
Individuals' loans for household and other personal expenditures— — — — — 125,363 48 125,411 
Public finance and other commercial loans615,473 74 — — — — — 615,547 
Loans$7,137,276 $257,740 $240,931 $— $— $1,601,238 $6,648 $9,243,833 
 December 31, 2019
 Commercial
Pass		Commercial
Special
Mention		Commercial SubstandardCommercial
Doubtful		Commercial LossConsumer PerformingConsumer
Non-Performing		Total
Commercial and industrial loans$1,956,985 $81,179 $71,715 $— $— $— $— $2,109,879 
Agriculture production financing and other loans to farmers78,558 5,626 9,677 — — — — 93,861 
Real estate Loans:    
Construction749,249 1,613 1,634 — — 35,072 — 787,568 
Commercial and farmland2,894,366 57,776 98,575 — — 1,981 — 3,052,698 
Residential196,710 877 8,075 — — 932,743 4,812 1,143,217 
Home equity24,211 257 682 — — 562,507 1,327 588,984 
Individuals' loans for household and other personal expenditures— — — — — 135,944 45 135,989 
Public finance and other commercial loans547,114 — — — — — — 547,114 
Loans$6,447,193 $147,328 $190,358 $— $— $1,668,247 $6,184 $8,459,310 
Schedule of past due aging of loan portfolio by loan class
The tables below show a past due aging of the Corporation’s loan portfolio, by loan class, as of September 30, 2020, and December 31, 2019:
 September 30, 2020
 Current
30-59 Days
Past Due
60-89 Days
Past Due		Loans 90 Days or More Past Due And AccruingNon-AccrualTotal Past Due
& Non-Accrual		Total
Commercial and industrial loans$2,864,852 $4,529 $— $3 $5,947 $10,479 $2,875,331 
Agriculture production financing and other loans to farmers81,990 — — 1,100 — 1,100 83,090 
Real estate loans: 
Construction614,383 7,575 — — 126 7,701 622,084 
Commercial and farmland3,194,394 964 9,978 140 43,030 54,112 3,248,506 
Residential1,137,688 2,743 1,000 61 4,914 8,718 1,146,406 
Home equity522,680 1,467 611 26 2,674 4,778 527,458 
Individuals' loans for household and other personal expenditures124,926 249 188 — 48 485 125,411 
Public finance and other commercial loans615,547 — — — — — 615,547 
Loans$9,156,460 $17,527 $11,777 $1,330 $56,739 $87,373 $9,243,833 
 December 31, 2019
 Current
30-59 Days
Past Due
60-89 Days
Past Due		Loans 90 Days or More Past Due And AccruingNon-AccrualTotal Past Due
& Non-Accrual		Total
Commercial and industrial loans$2,105,445 $3,039 $136 $4 $1,255 $4,434 $2,109,879 
Agriculture production financing and other loans to farmers93,678 — — — 183 183 93,861 
Real estate loans:     
Construction784,961 1,630 — — 977 2,607 787,568 
Commercial and farmland3,043,318 2,324 49 — 7,007 9,380 3,052,698 
Residential1,133,476 4,290 367 22 5,062 9,741 1,143,217 
Home equity584,023 2,960 538 42 1,421 4,961 588,984 
Individuals' loans for household and other personal expenditures135,399 440 105 1 44 590 135,989 
Public finance and other commercial loans547,114 — — — — — 547,114 
Loans$8,427,414 $14,683 $1,195 $69 $15,949 $31,896 $8,459,310 
Schedules of troubled debt restructurings
The following tables summarize troubled debt restructures at the time of modification that occurred during the periods indicated:
Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
Pre-Modification
Recorded Balance		Post-Modification
Recorded Balance		Number
of Loans		Pre-Modification
Recorded Balance		Post-Modification
Recorded Balance		Number
of Loans
Commercial and industrial loans$— $— — $654 $654 3 
Real estate loans:      
Commercial and farmland— — — 565 565 2 
Residential2,314 2,326 30 2,614 2,663 36 
Home equity307 307 2 307 307 2 
Individuals' loans for household and other personal expenditures19 19 2 19 19 2 
Total$2,640 $2,652 34 $4,159 $4,208 45 
Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
Pre-Modification
Recorded Balance		Post-Modification
Recorded Balance		Number
of Loans		Pre-Modification
Recorded Balance		Post-Modification
Recorded Balance		Number
of Loans
Real estate loans:     
Residential$195 $185 3 $456 $439 8 
Total$195 $185 3 $456 $439 8 


Loans secured by residential real estate made up 88 percent and 63 percent of the post-modification balance of troubled debt restructured loans made in the three and nine months ended September 30, 2020, respectively. Loans secured by residential real estate made up 100 percent of the post-modification balance of troubled debt restructured loans made in the three and nine months ended September 30, 2019.

The following tables summarize by modification type, the recorded investment of troubled debt restructures as of September 30, 2020 and 2019, that occurred during the periods indicated:
Three Months Ended September 30, 2020
Term
Modification		Rate
Modification		CombinationTotal
Modification
Real estate loans:   
Residential$2,266 $51 $— $2,317 
           Home equity 212 95 — 307 
Individuals' loans for household and other personal expenditures17 — — 17 
Total$2,495 $146 $— $2,641 
Nine Months Ended September 30, 2020
Term
Modification		Rate
Modification		CombinationTotal
Modification
Commercial and industrial loans$585 $— $— $585 
Real estate loans:   
Commercial and farmland106 — — 106 
Residential2,266 161 221 2,648 
           Home Equity212 95 — 307 
Individuals' loans for household and other personal expenditures17 — — 17 
Total$3,186 $256 $221 $3,663 
Three Months Ended September 30, 2019
Term
Modification		Rate
Modification		CombinationTotal
Modification
Real estate loans:   
Residential$— $— $184 $184 
Total$— $— $184 $184 
Nine Months Ended September 30, 2019
Term
Modification		Rate
Modification		CombinationTotal
Modification
Real estate loans:  
Residential$— $88 $345 $433 
Total$— $88 $345 $433 
Schedule of troubled debt restructurings that subsequently defaulted A loan is considered in default if it is 30-days or more past due.
Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
Number of LoansRecorded BalanceNumber of LoansRecorded Balance
Commercial and industrial loans1 $317 2 $585 
Real estate loans:    
Commercial and farmland1 106 1 106 
Total2 $423 3 $691 
Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
Number of LoansRecorded BalanceNumber of LoansRecorded Balance
Real estate loans:    
Commercial and farmland1 $85 1 $85 
Total1$85 1 $85