Recent Accounting Pronouncements (Tables)

3 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Schedule of Impact of ASC 326 as of January 1, 2020

The following table illustrates the impact of the segment expansion as of January 1, 2020.

(dollars in thousands)		December 31, 2019 Statement Balance		Segment Portfolio Reclassifications		December 31, 2019 After Reclassification
Loans:
	Commercial and Industrial Loans	$	589,758	$	(57,257)	$	532,501
	Commercial Real Estate Loans	1,495,862		N/A		1,495,862
	Agricultural Loans	384,526		N/A		384,526
	Leases	N/A		57,257		57,257
	Home Equity Loans	225,755		N/A		225,755
	Consumer Loans	81,217		(11,953)		69,264
	Credit Cards	N/A		11,953		11,953
	Residential Mortgage Loans	304,855		N/A		304,855
	Total Loans	$	3,081,973	$	—	$	3,081,973

The following table illustrates the impact of ASC 326:

(dollars in thousands)	December 31, 2019 After Reclassification		Impact of ASC 326 Adoption		January 1, 2020 Post-ASC 326 Adoption
Assets:
Loans:
Commercial and Industrial Loans	$	532,501	$	2,191	$	534,692
Commercial Real Estate Loans	1,495,862		4,385		1,500,247
Agricultural Loans	384,526		128		384,654
Leases	57,257		—		57,257
Home Equity Loans	225,755		35		225,790
Consumer Loans	69,264		—		69,264
Credit Cards	11,953		—		11,953
Residential Mortgage Loans	304,855		147		305,002
Allowance for Credit Losses on Loans	(16,278)		(15,653)		(31,931)
Liabilities:
Allowance for Credit Losses on Unfunded Loan Commitments	$	—	$	(173)	$	(173)