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Loans (Tables)
6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Components of Loans
Loans were comprised of the following classifications at June 30, 2017 and December 31, 2016: 
 
 
June 30,
2017
 
December 31,
2016
Commercial:
 
 

 
 

Commercial and Industrial Loans and Leases
 
$
467,754

 
$
457,372

Commercial Real Estate Loans
 
870,100

 
856,094

Agricultural Loans
 
313,254

 
303,128

Retail:
 
 

 
 

Home Equity Loans
 
141,377

 
133,575

Consumer Loans
 
61,185

 
59,945

Residential Mortgage Loans
 
181,477

 
183,290

Subtotal
 
2,035,147

 
1,993,404

Less: Unearned Income
 
(3,404
)
 
(3,449
)
Allowance for Loan Losses
 
(15,320
)
 
(14,808
)
Loans, Net
 
$
2,016,423

 
$
1,975,147

Schedule of Allowance for Loan Losses
The following tables present the activity in the allowance for loan losses by portfolio class for the three months ended June 30, 2017 and 2016:
June 30, 2017
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
3,612

 
$
5,696

 
$
4,361

 
$
299

 
$
244

 
$
348

 
$
606

 
$
15,166

Provision for Loan Losses
 
62

 
(259
)
 
468

 
16

 
54

 
19

 
(10
)
 
350

Recoveries
 
7

 
34

 

 
2

 
67

 
8

 

 
118

Loans Charged-off
 
(9
)
 
(155
)
 

 
(17
)
 
(111
)
 
(22
)
 

 
(314
)
Ending Balance
 
$
3,672

 
$
5,316

 
$
4,829

 
$
300

 
$
254

 
$
353

 
$
596

 
$
15,320


June 30, 2016
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
4,346

 
$
6,463

 
$
2,529

 
$
352

 
$
230

 
$
531

 
$
710

 
$
15,161

Provision for Loan Losses
 
(180
)
 
68

 
175

 
9

 
66

 
196

 
16

 
350

Recoveries
 
24

 
2

 

 

 
43

 
4

 

 
73

Loans Charged-off
 

 

 

 
(11
)
 
(97
)
 
(172
)
 

 
(280
)
Ending Balance
 
$
4,190

 
$
6,533

 
$
2,704

 
$
350

 
$
242

 
$
559

 
$
726

 
$
15,304

The following tables present the activity in the allowance for loan losses by portfolio class for the six months ended June 30, 2017 and 2016:
June 30, 2017
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
3,725

 
$
5,452

 
$
4,094

 
$
283

 
$
235

 
$
329

 
$
690

 
$
14,808

Provision for Loan Losses
 
(53
)
 
19

 
735

 
33

 
172

 
38

 
(94
)
 
850

Recoveries
 
9

 
39

 

 
2

 
127

 
35

 

 
212

Loans Charged-off
 
(9
)
 
(194
)
 

 
(18
)
 
(280
)
 
(49
)
 

 
(550
)
Ending Balance
 
$
3,672

 
$
5,316

 
$
4,829

 
$
300

 
$
254

 
$
353

 
$
596

 
$
15,320

June 30, 2016
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
4,242

 
$
6,342

 
$
2,115

 
$
383

 
$
230

 
$
414

 
$
712

 
$
14,438

Provision for Loan Losses
 
(75
)
 
188

 
589

 
40

 
93

 
351

 
14

 
1,200

Recoveries
 
28

 
3

 

 
1

 
88

 
9

 

 
129

Loans Charged-off
 
(5
)
 

 

 
(74
)
 
(169
)
 
(215
)
 

 
(463
)
Ending Balance
 
$
4,190

 
$
6,533

 
$
2,704

 
$
350

 
$
242

 
$
559

 
$
726

 
$
15,304

Schedule of Allowance for Loan Losses and Recorded Investment in Loans
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio class and based on impairment method as of June 30, 2017 and December 31, 2016:
June 30, 2017
 
Total
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
Allowance for Loan Losses:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending Allowance Balance Attributable to Loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually Evaluated for Impairment
 
$
260

 
$
10

 
$
180

 
$
70

 
$

 
$

 
$

 
$

Collectively Evaluated for Impairment
 
15,000

 
3,659

 
5,132

 
4,711

 
300

 
249

 
353

 
596

Acquired with Deteriorated Credit Quality
 
60

 
3

 
4

 
48

 

 
5

 

 

Total Ending Allowance Balance
 
$
15,320

 
$
3,672

 
$
5,316

 
$
4,829

 
$
300

 
$
254

 
$
353

 
$
596


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans Individually Evaluated for Impairment
 
$
1,413

 
$
187

 
$
836

 
$
390

 
$

 
$

 
$

 
n/m(2)

Loans Collectively Evaluated for Impairment
 
2,031,844

 
467,531

 
864,532

 
315,691

 
141,851

 
61,281

 
180,958

 
n/m(2)

Loans Acquired with Deteriorated Credit Quality
 
9,513

 
1,247

 
6,602

 
683

 

 
53

 
928

 
n/m(2)

Total Ending Loans Balance(1)
 
$
2,042,770

 
$
468,965

 
$
871,970

 
$
316,764

 
$
141,851

 
$
61,334

 
$
181,886

 
n/m(2)

 
 
(1)Total recorded investment in loans includes $7,623 in accrued interest.
(2)n/m = not meaningful
December 31, 2016
 
Total
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
Allowance for Loan Losses:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending Allowance Balance Attributable to Loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually Evaluated for Impairment
 
$
255

 
$
24

 
$
231

 
$

 
$

 
$

 
$

 
$

Collectively Evaluated for Impairment
 
14,448

 
3,698

 
5,172

 
4,046

 
283

 
230

 
329

 
690

Acquired with Deteriorated Credit Quality
 
105

 
3

 
49

 
48

 

 
5

 

 

Total Ending Allowance Balance
 
$
14,808

 
$
3,725

 
$
5,452

 
$
4,094

 
$
283

 
$
235

 
$
329

 
$
690


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans Individually Evaluated for Impairment
 
$
1,239

 
$
113

 
$
832

 
$
294

 
$

 
$

 
$

 
n/m(2)

Loans Collectively Evaluated for Impairment
 
1,989,128

 
456,769

 
849,510

 
305,946

 
134,032

 
60,046

 
182,825

 
n/m(2)

Loans Acquired with Deteriorated Credit Quality
 
11,048

 
1,656

 
7,688

 
706

 

 
53

 
945

 
n/m(2)

Total Ending Loans Balance(1)
 
$
2,001,415

 
$
458,538

 
$
858,030

 
$
306,946

 
$
134,032

 
$
60,099

 
$
183,770

 
n/m(2)

 
(1)Total recorded investment in loans includes $8,011 in accrued interest.
(2)n/m = not meaningful 
Schedule for Loans Individually Evaluated for Impairment
The following tables present loans individually evaluated for impairment by class of loans as of June 30, 2017 and December 31, 2016:
June 30, 2017
 
Unpaid Principal Balance(1)
 
 Recorded Investment
 
Allowance for Loan Losses Allocated
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
196

 
$
139

 
$

Commercial Real Estate Loans
 
838

 
450

 

Agricultural Loans
 
199

 
162

 

Subtotal
 
1,233

 
751

 

With An Allowance Recorded:
 
 

 
 

 


Commercial and Industrial Loans and Leases
 
105

 
64

 
13

Commercial Real Estate Loans
 
800

 
791

 
184

Agricultural Loans
 
806

 
715

 
118

Subtotal
 
1,711

 
1,570

 
315

Total
 
$
2,944

 
$
2,321

 
$
315

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
581

 
$
203

 
$

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
844

 
$
705

 
$
55

   
(1) Unpaid Principal Balance is the remaining contractual payments gross of partial charge-offs and discounts.


December 31, 2016
 
Unpaid Principal Balance(1)
 
 Recorded Investment
 
Allowance for Loan Losses Allocated
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
85

 
$
29

 
$

Commercial Real Estate Loans
 
1,278

 
784

 

Agricultural Loans
 
356

 
294

 

Subtotal
 
1,719

 
1,107

 

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
148

 
107

 
27

Commercial Real Estate Loans
 
839

 
827

 
280

Agricultural Loans
 
588

 
497

 
48

Subtotal
 
1,575

 
1,431

 
355

Total
 
$
3,294

 
$
2,538

 
$
355

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
1,018

 
$
531

 
$

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
910

 
$
768

 
$
100

    
(1) Unpaid Principal Balance is the remaining contractual payments gross of partial charge-offs and discounts.
 
The following tables present loans individually evaluated for impairment by class of loans for the three month period ended June 30, 2017 and 2016:
June 30, 2017
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
150

 
$
2

 
$
1

Commercial Real Estate Loans
 
1,124

 
26

 
26

Agricultural Loans
 
496

 
19

 
16

Subtotal
 
1,770

 
47

 
43

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
65

 
1

 

Commercial Real Estate Loans
 
795

 
4

 

Agricultural Loans
 
727

 

 

Subtotal
 
1,587

 
5

 

Total
 
$
3,357

 
$
52

 
$
43

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
245

 
$
25

 
$
25

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
712

 
$
4

 
$


June 30, 2016
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
185

 
$
3

 
$
1

Commercial Real Estate Loans
 
3,397

 
6

 
1

Agricultural Loans
 
845

 

 

Subtotal
 
4,427

 
9

 
2

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
86

 

 

Commercial Real Estate Loans
 
2,198

 
1

 

Agricultural Loans
 

 

 

Subtotal
 
2,284

 
1

 

Total
 
$
6,711

 
$
10

 
$
2

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
2,324

 
$
4

 
$
1

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$

 
$

 
$


  
The following tables present loans individually evaluated for impairment by class of loans for the six month period ended June 30, 2017 and 2016:
June 30, 2017
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
83

 
$
2

 
$
2

Commercial Real Estate Loans
 
823

 
30

 
29

Agricultural Loans
 
607

 
24

 
16

Subtotal
 
1,513

 
56

 
47

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
84

 
2

 
1

Commercial Real Estate Loans
 
1,609

 
10

 
6

Agricultural Loans
 
612

 

 

Subtotal
 
2,305

 
12

 
7

Total
 
$
3,818

 
$
68

 
$
54

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
311

 
$
25

 
$
25

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
721

 
$
11

 
$
7


June 30, 2016
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
133

 
$
25

 
$
12

Commercial Real Estate Loans
 
1,988

 
24

 
4

Agricultural Loans
 
428

 
2

 
1

Subtotal
 
2,549

 
51

 
17

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
108

 

 

Commercial Real Estate Loans
 
2,216

 
2

 

Agricultural Loans
 

 

 

Subtotal
 
2,324

 
2

 

Total
 
$
4,873

 
$
53

 
$
17

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
1,697

 
$
12

 
$
2

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$

 
$

 
$

Schedule of Recorded Investment in Nonaccrual Loans
The following tables present the recorded investment in non-accrual loans and loans past due 90 days or more still on accrual by class of loans as of June 30, 2017 and December 31, 2016:
 
 
Non-Accrual Loans
 
Loans Past Due 90 Days
or More & Still Accruing
 
 
June 30,
 
December 31,
 
June 30,
 
December 31,
 
 
2017
 
2016
 
2017
 
2016
Commercial and Industrial Loans and Leases
 
$
60

 
$
86

 
$

 
$
2

Commercial Real Estate Loans
 
982

 
1,408

 
32

 

Agricultural Loans
 
878

 
792

 
31

 

Home Equity Loans
 
72

 
73

 

 

Consumer Loans
 
433

 
85

 

 

Residential Mortgage Loans
 
672

 
1,349

 

 

Total
 
$
3,097

 
$
3,793

 
$
63

 
$
2

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
820

 
$
1,264

 
$

 
$

Schedule of Aging of Recorded Investment in Past Due Loans
The following tables present the aging of the recorded investment in past due loans by class of loans as of June 30, 2017 and December 31, 2016:
June 30, 2017
 
Total
 
30-59 Days Past Due
 
60-89 Days Past Due
 
90 Days or More Past Due
 
Total
Past Due
 
Loans Not Past Due
Commercial and Industrial Loans and Leases
 
$
468,965

 
$
51

 
$
3

 
$
53

 
$
107

 
$
468,858

Commercial Real Estate Loans
 
871,970

 
1,060

 
52

 
393

 
1,505

 
870,465

Agricultural Loans
 
316,764

 
110

 

 
746

 
856

 
315,908

Home Equity Loans
 
141,851

 
234

 
19

 
72

 
325

 
141,526

Consumer Loans
 
61,334

 
164

 
40

 
433

 
637

 
60,697

Residential Mortgage Loans
 
181,886

 
2,791

 
982

 
382

 
4,155

 
177,731

Total(1)
 
$
2,042,770

 
$
4,410

 
$
1,096

 
$
2,079

 
$
7,585

 
$
2,035,185

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
9,513

 
$

 
$

 
$
568

 
$
568

 
$
8,945

(1)Total recorded investment in loans includes $7,623 in accrued interest.
December 31, 2016
 
Total
 
30-59 Days Past Due
 
60-89 Days Past Due
 
90 Days or More Past Due
 
Total
Past Due
 
Loans Not Past Due
Commercial and Industrial Loans and Leases
 
$
458,538

 
$
20

 
$
4

 
$
77

 
$
101

 
$
458,437

Commercial Real Estate Loans
 
858,030

 
1,509

 
21

 
330

 
1,860

 
856,170

Agricultural Loans
 
306,946

 
84

 
50

 
610

 
744

 
306,202

Home Equity Loans
 
134,032

 
707

 
16

 
73

 
796

 
133,236

Consumer Loans
 
60,099

 
175

 
147

 
85

 
407

 
59,692

Residential Mortgage Loans
 
183,770

 
3,470

 
1,251

 
806

 
5,527

 
178,243

Total(1)
 
$
2,001,415

 
$
5,965

 
$
1,489

 
$
1,981

 
$
9,435

 
$
1,991,980

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
11,048

 
$
130

 
$

 
$
627

 
$
757

 
$
10,291

Loans Acquired in Current Year
     (Included in the Total Above)
 
$
262,809

 
$
2,752

 
$
862

 
$
1,126

 
$
4,740

 
$
258,069

(1)Total recorded investment in loans includes $8,011 in accrued interest.
Schedule of Recorded Investment of Troubled Debt Restructurings
The following tables present the recorded investment of troubled debt restructurings by class of loans as of June 30, 2017 and December 31, 2016:
June 30, 2017
 
Total
 
Performing
 
Non-Accrual(1)
Commercial and Industrial Loans and Leases
 
$
127

 
$
127

 
$

Commercial Real Estate Loans
 
27

 
27

 

Total
 
$
154

 
$
154

 
$

December 31, 2016
 
Total
 
Performing
 
Non-Accrual(1)
Commercial and Industrial Loans and Leases
 
$
28

 
$
28

 
$

Commercial Real Estate Loans
 

 

 

Total
 
$
28

 
$
28

 
$

 
 
(1)The non-accrual troubled debt restructurings are included in the Non-Accrual Loan table presented on a previous page.
Schedule of Modified Troubled Debt Restructuring
June 30, 2016
 
Number of Loans
 
Pre-Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment
Commercial and Industrial Loans and Leases
 

 
$

 
$

Commercial Real Estate Loans
 

 

 

Total
 

 
$

 
$

June 30, 2016
 
Number of Loans
 
Pre-Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment
Commercial and Industrial Loans and Leases
 

 
$

 
$

Commercial Real Estate Loans
 

 

 

Total
 

 
$

 
$

The following tables present loans by class modified as troubled debt restructurings that occurred during the three months ending June 30, 2017 and 2016:
June 30, 2017
 
Number of Loans
 
Pre-Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment
Commercial and Industrial Loans and Leases
 
1

 
$
127

 
$
127

Commercial Real Estate Loans
 

 

 

Total
 
1

 
$
127

 
$
127

The following tables present loans by class modified as troubled debt restructurings that occurred during the six months ending June 30, 2017 and 2016:
June 30, 2017
 
Number of Loans
 
Pre-Modification Outstanding Recorded Investment
 
Post-Modification Outstanding Recorded Investment
Commercial and Industrial Loans and Leases
 
1

 
$
127

 
$
127

Commercial Real Estate Loans
 
1

 
28

 
28

Total
 
2

 
$
155

 
$
155

Schedule of Risk Category of Loans
Based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
June 30, 2017
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Commercial and Industrial Loans and Leases
 
$
449,772

 
$
8,792

 
$
10,401

 
$

 
$
468,965

Commercial Real Estate Loans
 
833,572

 
23,865

 
14,533

 

 
871,970

Agricultural Loans
 
287,410

 
26,230

 
3,124

 

 
316,764

Total
 
$
1,570,754

 
$
58,887

 
$
28,058

 
$

 
$
1,657,699

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
1,479

 
$
3,120

 
$
3,933

 
$

 
$
8,532

December 31, 2016
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Commercial and Industrial Loans and Leases
 
$
437,353

 
$
10,454

 
$
10,731

 
$

 
$
458,538

Commercial Real Estate Loans
 
814,033

 
26,549

 
17,448

 

 
858,030

Agricultural Loans
 
287,975

 
14,670

 
4,301

 

 
306,946

Total
 
$
1,539,361

 
$
51,673

 
$
32,480

 
$

 
$
1,623,514

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
1,897

 
$
3,121

 
$
5,032

 
$

 
$
10,050

Loans Acquired in Current Year
     (Included in the Total Above)
 
$
175,915

 
$
11,638

 
$
8,145

 
$

 
$
195,698

Schedule of Recorded Investment in Home Equity, Consumer and Residential Mortgage Loans
The following table presents the recorded investment in home equity, consumer and residential mortgage loans based on payment activity as of June 30, 2017 and December 31, 2016:
June 30, 2017
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
Performing
 
$
141,779

 
$
60,901

 
$
181,214

Nonperforming
 
72

 
433

 
672

Total
 
$
141,851

 
$
61,334

 
$
181,886

Loans Acquired With Deteriorated Credit Quality
(Included in the Total Above)
 
$

 
$
53

 
$
928

 
December 31, 2016
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
Performing
 
$
133,959

 
$
60,014

 
$
182,421

Nonperforming
 
73

 
85

 
1,349

Total
 
$
134,032

 
$
60,099

 
$
183,770

Loans Acquired With Deteriorated Credit Quality
(Included in the Total Above)
 
$

 
$
53

 
$
945

Schedule of Carrying Amount of Loans with Deterioration of Credit Quality
The Company has purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The recorded investment of those loans is as follows: 
 
 
June 30, 2017
 
December 31, 2016
 
 
 
 
 
Commercial and Industrial Loans
 
$
1,247

 
$
1,656

Commercial Real Estate Loans
 
6,602

 
7,688

Agricultural Loans
 
683

 
706

Consumer Loans
 
53

 
53

Residential Mortgage Loans
 
928

 
945

Total
 
$
9,513

 
$
11,048

 
 
 

 
 

Carrying Amount, Net of Allowance
 
$
9,453

 
$
10,943

Schedule of Accretable Yield, or Income Expected to be Collected
 
 
2017
 
2016
 
 
 
 
 
Balance at January 1
 
$
2,521

 
$
1,279

New Loans Purchased
 

 
1,395

Accretion of Income
 
(282
)
 
(476
)
Reclassifications from Non-accretable Difference
 
466

 

Charge-off of Accretable Yield
 

 

Balance at June 30
 
$
2,705

 
$
2,198

Accretable yield, or income expected to be collected, is as follows:
 
 
2017
 
2016
 
 
 
 
 
Balance at April 1
 
$
2,790

 
$
2,613

New Loans Purchased
 

 

Accretion of Income
 
(240
)
 
(415
)
Reclassifications from Non-accretable Difference
 
155

 

Charge-off of Accretable Yield
 

 

Balance at June 30
 
$
2,705

 
$
2,198