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Loans (Tables)
 9 Months Ended
Sep. 30, 2019
Receivables [Abstract]  
Schedule of Loans Classifications
Loans were comprised of the following classifications at September 30, 2019 and December 31, 2018: 
 
 
September 30,
2019
 
December 31,
2018
Commercial:
 
 

 
 

Commercial and Industrial Loans and Leases
 
$
579,152

 
$
543,761

Commercial Real Estate Loans
 
1,477,204

 
1,208,646

Agricultural Loans
 
386,685

 
365,208

Retail:
 
 

 
 

Home Equity Loans
 
222,606

 
207,987

Consumer Loans
 
82,421

 
77,547

Residential Mortgage Loans
 
312,674

 
328,592

Subtotal
 
3,060,742

 
2,731,741

Less: Unearned Income
 
(3,835
)
 
(3,682
)
Allowance for Loan Losses
 
(15,869
)
 
(15,823
)
Loans, Net
 
$
3,041,038

 
$
2,712,236
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 September 30, 2019 and 2018:
September 30, 2019
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
2,992

 
$
5,841

 
$
5,725

 
$
258

 
$
422

 
$
349

 
$
652

 
$
16,239

Provision for Loan Losses
 
4,468

 
(1,410
)
 
(373
)
 
(72
)
 
174

 
25

 
(12
)
 
2,800

Recoveries
 
2

 
5

 
—

 
8

 
99

 
—

 
—

 
114

Loans Charged-off
 
(2,859
)
 
(136
)
 
—

 
—

 
(277
)
 
(12
)
 
—

 
(3,284
)
Ending Balance
 
$
4,603

 
$
4,300

 
$
5,352

 
$
194

 
$
418

 
$
362

 
$
640

 
$
15,869


September 30, 2018
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
3,563

 
$
4,958

 
$
5,578

 
$
366

 
$
347

 
$
366

 
$
459

 
$
15,637

Provision for Loan Losses
 
(444
)
 
138

 
618

 
(80
)
 
195

 
67

 
6

 
500

Recoveries
 
69

 
7

 
20

 
1

 
82

 
3

 
—

 
182

Loans Charged-off
 
—

 
(9
)
 
—

 
(10
)
 
(238
)
 
(11
)
 
—

 
(268
)
Ending Balance
 
$
3,188

 
$
5,094

 
$
6,216

 
$
277

 
$
386

 
$
425

 
$
465

 
$
16,051



The following tables present the activity in the allowance for loan losses by portfolio class for the nine months ended September 30, 2019 and 2018:
September 30, 2019
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
2,953

 
$
5,291

 
$
5,776

 
$
229

 
$
420

 
$
472

 
$
682

 
$
15,823

Provision for Loan Losses
 
4,512

 
(741
)
 
(424
)
 
(33
)
 
507

 
(54
)
 
(42
)
 
3,725

Recoveries
 
53

 
24

 
—

 
8

 
313

 
6

 
—

 
404

Loans Charged-off
 
(2,915
)
 
(274
)
 
—

 
(10
)
 
(822
)
 
(62
)
 
—

 
(4,083
)
Ending Balance
 
$
4,603

 
$
4,300

 
$
5,352

 
$
194

 
$
418

 
$
362

 
$
640

 
$
15,869


September 30, 2018
 
Commercial and Industrial
Loans and Leases
 
Commercial Real Estate Loans
 
Agricultural
Loans
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
 
Unallocated
 
Total
Beginning Balance
 
$
4,735

 
$
4,591

 
$
4,894

 
$
330

 
$
298

 
$
343

 
$
503

 
$
15,694

Provision for Loan Losses
 
(121
)
 
498

 
1,302

 
(38
)
 
399

 
68

 
(38
)
 
2,070

Recoveries
 
74

 
18

 
20

 
11

 
239

 
34

 
—

 
396

Loans Charged-off
 
(1,500
)
 
(13
)
 
—

 
(26
)
 
(550
)
 
(20
)
 
—

 
(2,109
)
Ending Balance
 
$
3,188

 
$
5,094

 
$
6,216

 
$
277

 
$
386

 
$
425

 
$
465

 
$
16,051
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 September 30, 2019 and December 31, 2018:
September 30, 2019
 
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
 
$
3,060

 
$
2,440

 
$
620

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Collectively Evaluated for Impairment
 
12,447

 
2,163

 
3,323

 
5,352

 
194

 
418

 
357

 
640

Acquired with Deteriorated Credit Quality
 
362

 
—

 
357

 
—

 
—

 
—

 
5

 
—

Total Ending Allowance Balance
 
$
15,869

 
$
4,603

 
$
4,300

 
$
5,352

 
$
194

 
$
418

 
$
362

 
$
640


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans Individually Evaluated for Impairment
 
$
8,174

 
$
6,346

 
$
1,769

 
$
59

 
$
—

 
$
—

 
$
—

 
n/m(2)

Loans Collectively Evaluated for Impairment
 
3,051,672

 
572,201

 
1,470,448

 
390,363

 
223,287

 
82,633

 
312,740

 
n/m(2)

Loans Acquired with Deteriorated Credit Quality
 
14,300

 
1,693

 
8,938

 
2,611

 
371

 
—

 
687

 
n/m(2)

Total Ending Loans Balance(1)
 
$
3,074,146

 
$
580,240

 
$
1,481,155

 
$
393,033

 
$
223,658

 
$
82,633

 
$
313,427

 
n/m(2)

 
 
(1)Total recorded investment in loans includes $13,404 in accrued interest.
(2)n/m = not meaningful
December 31, 2018
 
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
 
$
1,823

 
$
143

 
$
1,680

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Collectively Evaluated for Impairment
 
13,992

 
2,810

 
3,608

 
5,776

 
229

 
420

 
467

 
682

Acquired with Deteriorated Credit Quality
 
8

 
—

 
3

 
—

 
—

 
—

 
5

 
—

Total Ending Allowance Balance
 
$
15,823

 
$
2,953

 
$
5,291

 
$
5,776

 
$
229

 
$
420

 
$
472

 
$
682


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans Individually Evaluated for Impairment
 
$
9,619

 
$
3,536

 
$
6,083

 
$
—

 
$
—

 
$
—

 
$
—

 
n/m(2)

Loans Collectively Evaluated for Impairment
 
2,722,867

 
540,768

 
1,198,806

 
368,817

 
208,644

 
77,761

 
328,071

 
n/m(2)

Loans Acquired with Deteriorated Credit Quality
 
11,556

 
1,038

 
6,993

 
1,877

 
365

 
—

 
1,283

 
n/m(2)

Total Ending Loans Balance(1)
 
$
2,744,042

 
$
545,342

 
$
1,211,882

 
$
370,694

 
$
209,009

 
$
77,761

 
$
329,354

 
n/m(2)

 
(1)Total recorded investment in loans includes $12,301 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 September 30, 2019 and December 31, 2018:
September 30, 2019
 
Unpaid Principal Balance(1)
 
 Recorded Investment
 
Allowance for Loan Losses Allocated
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
6,381

 
$
1,327

 
$
—

Commercial Real Estate Loans
 
5,615

 
2,437

 
—

Agricultural Loans
 
2,777

 
2,256

 
—

Subtotal
 
14,773

 
6,020

 
—

With An Allowance Recorded:
 
 

 
 

 


Commercial and Industrial Loans and Leases
 
5,628

 
5,128

 
2,440

Commercial Real Estate Loans
 
2,242

 
1,921

 
977

Agricultural Loans
 
—

 
—

 
—

Subtotal
 
7,870

 
7,049

 
3,417

Total
 
$
22,643

 
$
13,069

 
$
3,417

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
9,997

 
$
4,083

 
$
—

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
1,134

 
$
813

 
$
357

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

December 31, 2018
 
Unpaid Principal Balance(1)
 
 Recorded Investment
 
Allowance for Loan Losses Allocated
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
3,721

 
$
1,183

 
$
—

Commercial Real Estate Loans
 
5,828

 
4,383

 
—

Agricultural Loans
 
1,726

 
1,450

 
—

Subtotal
 
11,275

 
7,016

 
—

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
2,353

 
2,353

 
143

Commercial Real Estate Loans
 
4,404

 
4,212

 
1,683

Agricultural Loans
 
—

 
—

 
—

Subtotal
 
6,757

 
6,565

 
1,826

Total
 
$
18,032

 
$
13,581

 
$
1,826

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
8,060

 
$
3,958

 
$
—

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
196

 
$
4

 
$
3

    
(1) Unpaid Principal Balance is the remaining contractual payments gross of partial charge-offs and discounts.
 
The following tables present the average balance and related interest income of loans individually evaluated for impairment by class of loans for the three month period ended September 30, 2019 and 2018:
September 30, 2019
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
2,868

 
$
8

 
$
—

Commercial Real Estate Loans
 
2,699

 
45

 
5

Agricultural Loans
 
1,539

 
1

 
—

Subtotal
 
7,106

 
54

 
5

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
5,708

 
—

 
—

Commercial Real Estate Loans
 
2,010

 
—

 
3

Agricultural Loans
 
—

 
—

 
—

Subtotal
 
7,718

 
—

 
3

Total
 
$
14,824

 
$
54

 
$
8

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
3,381

 
$
43

 
$
—

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
815

 
$
—

 
$
—


September 30, 2018
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
1,130

 
$
14

 
$
2

Commercial Real Estate Loans
 
1,988

 
26

 
—

Agricultural Loans
 
537

 
—

 
—

Subtotal
 
3,655

 
40

 
2

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
2,594

 
1

 
9

Commercial Real Estate Loans
 
4,693

 
4

 
—

Agricultural Loans
 
—

 
—

 
—

Subtotal
 
7,287

 
5

 
9

Total
 
$
10,942

 
$
45

 
$
11

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
995

 
$
11

 
$
—

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
197

 
$
5

 
$
—



The following tables present the average balance and related interest income of loans individually evaluated for impairment by class of loans for the nine month period ended September 30, 2019 and 2018:

September 30, 2019
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
1,157

 
$
11

 
$
2

Commercial Real Estate Loans
 
3,093

 
72

 
5

Agricultural Loans
 
1,452

 
1

 
—

Subtotal
 
5,702

 
84

 
7

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
3,374

 
—

 
—

Commercial Real Estate Loans
 
3,553

 
—

 
—

Agricultural Loans
 
—

 
—

 
—

Subtotal
 
6,927

 
—

 
—

Total
 
$
12,629

 
$
84

 
$
7

 
 
 
 
 
 
 
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above)
 
$
4,070

 
$
58

 
$
—

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
2,083

 
$
—

 
$
—

September 30, 2018
 
Average Recorded
Investment
 
Interest Income Recognized
 
Cash Basis
Recognized
With No Related Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
$
1,152

 
$
40

 
$
2

Commercial Real Estate Loans
 
1,525

 
52

 
7

Agricultural Loans
 
594

 
—

 
—

Subtotal
 
3,271

 
92

 
9

With An Allowance Recorded:
 
 

 
 

 
 

Commercial and Industrial Loans and Leases
 
3,189

 
2

 
9

Commercial Real Estate Loans
 
4,816

 
14

 
—

Agricultural Loans
 
—

 
—

 
—

Subtotal
 
8,005

 
16

 
9

Total
 
$
11,276

 
$
108

 
$
18

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

 
$
11

 
$
—

Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above)
 
$
200

 
$
16

 
$
—
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 September 30, 2019 and December 31, 2018:
 
 
Non-Accrual Loans
 
Loans Past Due 90 Days
or More & Still Accruing
 
 
September 30,
 
December 31,
 
September 30,
 
December 31,
 
 
2019
 
2018
 
2019
 
2018
Commercial and Industrial Loans and Leases
 
$
6,229

 
$
2,430

 
$
—

 
$
—

Commercial Real Estate Loans
 
3,695

 
6,833

 
—

 
368

Agricultural Loans
 
2,226

 
1,449

 
—

 
274

Home Equity Loans
 
78

 
88

 
—

 
—

Consumer Loans
 
80

 
162

 
—

 
—

Residential Mortgage Loans
 
1,204

 
1,617

 
—

 
—

Total
 
$
13,512

 
$
12,579

 
$
—

 
$
642

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
4,880

 
$
4,162

 
$
—

 
$
141

Loans Acquired in Current Year (Included in the Total Above)
 
$
1,151

 
$
4,603

 
$
—

 
$
96
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 September 30, 2019 and December 31, 2018:
September 30, 2019
 
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
 
$
580,240

 
$
1,653

 
$
966

 
$
112

 
$
2,731

 
$
577,509

Commercial Real Estate Loans
 
1,481,155

 
—

 
636

 
2,006

 
2,642

 
1,478,513

Agricultural Loans
 
393,033

 
414

 
—

 
—

 
414

 
392,619

Home Equity Loans
 
223,658

 
1,137

 
112

 
78

 
1,327

 
222,331

Consumer Loans
 
82,633

 
255

 
107

 
54

 
416

 
82,217

Residential Mortgage Loans
 
313,427

 
5,408

 
828

 
886

 
7,122

 
306,305

Total(1)
 
$
3,074,146

 
$
8,867

 
$
2,649

 
$
3,136

 
$
14,652

 
$
3,059,494

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
14,300

 
$
372

 
$
—

 
$
1,058

 
$
1,430

 
$
12,870

Loans Acquired in Current Year
      (Included in the Total Above)
 
$
338,803

 
$
507

 
$
212

 
$
—

 
$
719

 
$
338,084

 
(1)Total recorded investment in loans includes $13,404 in accrued interest.

December 31, 2018
 
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
 
$
545,342

 
$
5,414

 
$
183

 
$
72

 
$
5,669

 
$
539,673

Commercial Real Estate Loans
 
1,211,882

 
768

 
705

 
3,032

 
4,505

 
1,207,377

Agricultural Loans
 
370,694

 
563

 
805

 
274

 
1,642

 
369,052

Home Equity Loans
 
209,009

 
471

 
125

 
60

 
656

 
208,353

Consumer Loans
 
77,761

 
971

 
94

 
149

 
1,214

 
76,547

Residential Mortgage Loans
 
329,354

 
4,771

 
1,520

 
1,387

 
7,678

 
321,676

Total(1)
 
$
2,744,042

 
$
12,958

 
$
3,432

 
$
4,974

 
$
21,364

 
$
2,722,678

Loans Acquired With Deteriorated Credit Quality (Included in the Total Above)
 
$
11,556

 
$
448

 
$
885

 
$
1,259

 
$
2,592

 
$
8,964

Loans Acquired in Current Year
      (Included in the Total Above)
 
$
481,901

 
$
2,571

 
$
1,620

 
$
2,191

 
$
6,382

 
$
475,519

 
(1)Total recorded investment in loans includes $12,301 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 September 30, 2019 and December 31, 2018:
September 30, 2019
 
Total
 
Performing
 
Non-Accrual(1)
Commercial and Industrial Loans and Leases
 
$
117

 
$
117

 
$
—

Commercial Real Estate Loans
 
—

 
—

 
—

Total
 
$
117

 
$
117

 
$
—

December 31, 2018
 
Total
 
Performing
 
Non-Accrual(1)
Commercial and Industrial Loans and Leases
 
$
121

 
$
121

 
$
—

Commercial Real Estate Loans
 
—

 
—

 
—

Total
 
$
121

 
$
121

 
$
—

 
 
(1)The non-accrual troubled debt restructurings are included in the Non-Accrual Loan table presented on a previous page.
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:
September 30, 2019
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Commercial and Industrial Loans and Leases
 
$
547,949

 
$
15,990

 
$
16,301

 
$
—

 
$
580,240

Commercial Real Estate Loans
 
1,432,250

 
31,533

 
17,372

 
—

 
1,481,155

Agricultural Loans
 
328,084

 
48,180

 
16,769

 
—

 
393,033

Total
 
$
2,308,283

 
$
95,703

 
$
50,442

 
$
—

 
$
2,454,428

Loans Acquired With Deteriorated Credit Quality
      (Included in the Total Above)
 
$
218

 
$
786

 
$
12,238

 
$
—

 
$
13,242

Loans Acquired in Current Year
      (Included in the Total Above)
 
$
270,112

 
$
16,423

 
$
13,185

 
$
—

 
$
299,720


December 31, 2018
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Commercial and Industrial Loans and Leases
 
$
517,497

 
$
7,541

 
$
20,304

 
$
—

 
$
545,342

Commercial Real Estate Loans
 
1,165,937

 
26,723

 
19,222

 
—

 
1,211,882

Agricultural Loans
 
313,309

 
40,983

 
16,402

 
—

 
370,694

Total
 
$
1,996,743

 
$
75,247

 
$
55,928

 
$
—

 
$
2,127,918

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

 
$
1,436

 
$
8,472

 
$
—

 
$
9,908

Loans Acquired in Current Year
      (Included in the Total Above)
 
$
250,415

 
$
14,972

 
$
11,521

 
$
—

 
$
276,908
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 September 30, 2019 and December 31, 2018:
September 30, 2019
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
Performing
 
$
223,580

 
$
82,553

 
$
312,225

Nonperforming
 
78

 
80

 
1,202

Total
 
$
223,658

 
$
82,633

 
$
313,427


December 31, 2018
 
Home Equity Loans
 
Consumer Loans
 
Residential Mortgage Loans
Performing
 
$
208,921

 
$
77,599

 
$
327,737

Nonperforming
 
88

 
162

 
1,617

Total
 
$
209,009

 
$
77,761

 
$
329,354
Schedule of Contractually Required Payments on Loans Purchased with Deteriorated Credit Quality
Contractually required payments receivable of loans purchased with evidence of credit deterioration during the nine months ended September 30, 2019 are included in the table below. The value of the purchased loans included in the table are as of acquisition date. There were no such loans purchased during the nine months ended September 30, 2018.
 
 
September 30, 2019
 
September 30, 2018
 
 
 
 
 
Commercial and Industrial Loans
 
$
498

 
$
—

Commercial Real Estate Loans
 
8,198

 
—

Agricultural Loans
 
1,230

 
—

Home Equity Loans
 
—

 
—

Consumer Loans
 
—

 
—

Residential Mortgage Loans
 
—

 
—

Total
 
$
9,926

 
$
—
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: 
 
 
September 30, 2019
 
December 31, 2018
 
 
 
 
 
Commercial and Industrial Loans
 
$
1,693

 
$
1,038

Commercial Real Estate Loans
 
8,938

 
6,993

Agricultural Loans
 
2,611

 
1,877

Home Equity Loans
 
371

 
365

Residential Mortgage Loans
 
687

 
1,283

Total
 
$
14,300

 
$
11,556

 
 
 

 
 

Carrying Amount, Net of Allowance
 
$
13,938

 
$
11,548
Schedule of Accretable Yield, or Income Expected to be Collected
For the three months ended, accretable yield, or income expected to be collected, for loans with an evidence of deterioration of credit quality at time of purchase is as follows:
 
 
2019
 
2018
 
 
 
 
 
Balance at July 1
 
$
3,132

 
$
2,567

New Loans Purchased
 
715

 
—

Accretion of Income
 
(195
)
 
(553
)
Reclassifications from Non-accretable Difference
 
111

 
63

Charge-off of Accretable Yield
 
—

 
—

Balance at September 30
 
$
3,763

 
$
2,077

    
For those purchased loans disclosed above, the Company did not increase the allowance for loan losses during the three months ended September 30, 2019 and 2018. The Company reversed no allowances for loan losses during the three months ended September 30, 2019. The Company reversed allowances for loan losses of $3 during the three months ended September 30, 2018.

For the nine months ended, accretable yield, or income expected to be collected, for loans with an evidence of deterioration of credit quality at time of purchase is as follows:
 
 
2019
 
2018
 
 
 
 
 
Balance at January 1
 
$
3,138

 
$
2,734

New Loans Purchased
 
715

 
—

Accretion of Income
 
(719
)
 
(774
)
Reclassifications from Non-accretable Difference
 
629

 
214

Charge-off of Accretable Yield
 
—

 
(97
)
Balance at September 30
 
$
3,763

 
$
2,077


    
For those purchased loans disclosed above, the Company increased the allowances for loan losses by $357 and $30 during the nine months ended September 30, 2019 and 2018. The Company reversed allowances for losses of $3 and $6 for the nine months ended September 30, 2019 and 2018.