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Loans (Tables)
 6 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
Schedule of Loans Classifications
Loans were comprised of the following classifications:
 June 30,
2022		December 31,
2021
Commercial:
Commercial and Industrial Loans$587,460 $493,005 
Commercial Real Estate Loans1,904,235 1,530,677 
Agricultural Loans397,524 358,150 
Leases54,036 55,345 
Retail:
Home Equity Loans261,019 222,525 
Consumer Loans89,230 70,302 
Credit Cards16,073 14,357 
Residential Mortgage Loans343,166 263,565 
Subtotal3,652,743 3,007,926 
Less: Unearned Income(3,374)(3,662)
Allowance for Credit Losses(45,031)(37,017)
Loans, net$3,604,338 $2,967,247 
Schedule of Loans Acquired The table below summarizes the loans acquired on January 1, 2022.
Acquired Loan BalanceFair Value DiscountsFair Value
Bank Acquisition$683,526$(5,359)$678,167

The table below summarizes the remaining carrying amount of acquired loans included in the June 30, 2022 table above.
Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
Loan Balance$60,090 $368,657 $55,110 $— $16,056 $25,720 $— $76,599 $602,232 
Fair Value Discount(1,084)(2,932)196 — (77)(240)— 533 (3,604)

The company has purchased loans, for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination. The carrying amount of these loans is as follow:

2022
Purchase Price of Loans at Acquisition$32,997 
Allowance for Credit Losses at Acquisition3,117 
Non-Credit Discount/(Premium) at Acquisition1,456 
Total$37,570 
Schedule of Allowance for Credit Losses for Loans
The following tables present the activity in the allowance for credit losses by portfolio segment for the three months ended June 30, 2022 and 2021:

June 30, 2022Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$12,720 $23,217 $4,759 $196 $616 $1,207 $212 $2,151 $— $45,078 
Provision (Benefit) for credit loss expense874 (873)(131)(5)293 41 73 28 — 300 
Loans charged-off(56)— — — (322)(15)(51)(3)— (447)
Recoveries collected7 5 — — 81 — 5 2 — 100 
Total ending allowance balance$13,545 $22,349 $4,628 $191 $668 $1,233 $239 $2,178 $— $45,031 
June 30, 2021Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$6,248 $28,540 $6,462 $201 $439 $965 $162 $2,082 $— $45,099 
Provision (Benefit) for credit loss expense(196)(4,335)(615)3 85 (63)108 13 — (5,000)
Loans charged-off— (1)— — (144)— (95)(1)— (241)
Recoveries collected28 16 — — 80 6 6 1 — 137 
Total ending allowance balance$6,080 $24,220 $5,847 $204 $460 $908 $181 $2,095 $— $39,995 

The following tables present the activity in the allowance for credit losses by portfolio segment for the six months ended June 30, 2022 and 2021:
June 30, 2022Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$9,554 $19,245 $4,505 $200 $507 $1,061 $240 $1,705 $— $37,017 
Acquisition of Citizens Union Bank of Shelbyville, KY376 1,945 689 — 2 — — 105 — 3,117 
Provision (Benefit) for credit loss expense3,662 1,223 (566)(9)518 224 79 369 — 5,500 
Loans charged-off(61)(78)— — (532)(52)(90)(3)— (816)
Recoveries collected14 14 — — 173 — 10 2 — 213 
Total ending allowance balance$13,545 $22,349 $4,628 $191 $668 $1,233 $239 $2,178 $— $45,031 

June 30, 2021Commercial and Industrial
Loans		Commercial Real Estate LoansAgricultural
Loans		LeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansUnallocatedTotal
Allowance for Credit Losses:
Beginning balance$6,445 $29,878 $6,756 $200 $490 $996 $150 $1,944 $— $46,859 
Provision (Benefit) for credit loss expense(218)(5,669)(909)4 67 (94)167 152 — (6,500)
Loans charged-off(190)(10)— — (269)— (142)(2)— (613)
Recoveries collected43 21 — — 172 6 6 1 — 249 
Total ending allowance balance$6,080 $24,220 $5,847 $204 $460 $908 $181 $2,095 $— $39,995 
Schedule of Non-Accrual and Past Due Loans
The following tables present the amortized cost in non-accrual loans and loans past due over 89 days still accruing by class of loans as of June 30, 2022 and December 31, 2021:
June 30, 2022
Non-Accrual With No Allowance for Credit Loss (1)
Total Non-AccrualLoans Past Due Over 89 Days Still Accruing
Commercial and Industrial Loans$716 $9,015 $— 
Commercial Real Estate Loans57 2,105 — 
Agricultural Loans1,018 1,018 1,161 
Leases— — — 
Home Equity Loans204 233 — 
Consumer Loans34 79 — 
Credit Cards59 59 — 
Residential Mortgage Loans782 1,412 — 
Total$2,870 $13,921 $1,161 
(1) Non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $13,921.
December 31, 2021
Non-Accrual With No Allowance for Credit Loss (1)
Total Non-AccrualLoans Past Due Over 89 Days Still Accruing
Commercial and Industrial Loans$1,989 $10,530 $— 
Commercial Real Estate Loans145 2,243 156 
Agricultural Loans1,041 1,136 — 
Leases— — — 
Home Equity Loans1 24 — 
Consumer Loans16 18 — 
Credit Cards64 64 — 
Residential Mortgage Loans587 587 — 
Total$3,843 $14,602 $156 
(1) Includes non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $14,602.
Schedule or Collateral-dependent Loans by Class
The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of June 30, 2022 and December 31, 2021:
June 30, 2022Real EstateEquipmentAccounts ReceivableOtherTotal
Commercial and Industrial Loans$3,220 $1,967 $332 $6,000 $11,519 
Commercial Real Estate Loans24,089 37 — — 24,126 
Agricultural Loans4,444 264 — — 4,708 
Leases— — — — — 
Home Equity Loans447 — — — 447 
Consumer Loans7 26 — 20 53 
Credit Cards— — — — — 
Residential Mortgage Loans1,237 — — — 1,237 
Total$33,444 $2,294 $332 $6,020 $42,090 

December 31, 2021Real EstateEquipmentAccounts ReceivableOtherTotal
Commercial and Industrial Loans$1,716 $2,444 $549 $5,822 $10,531 
Commercial Real Estate Loans4,610 — — — 4,610 
Agricultural Loans1,522 — — — 1,522 
Leases— — — — — 
Home Equity Loans441 — — — 441 
Consumer Loans6 — — 2 8 
Credit Cards— — — — — 
Residential Mortgage Loans652 — — — 652 
Total$8,947 $2,444 $549 $5,824 $17,764 
Schedule of Aging of Past Due Loans
The following tables present the aging of the amortized cost basis in past due loans by class of loans as of June 30, 2022 and December 31, 2021:
June 30, 202230-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueTotal
Past Due		Loans Not Past DueTotal
Commercial and Industrial Loans$40 $46 $7,862 $7,948 $579,512 $587,460 
Commercial Real Estate Loans1,151 — 629 1,780 1,902,455 1,904,235 
Agricultural Loans38 71 1,162 1,271 396,253 397,524 
Leases— — — — 54,036 54,036 
Home Equity Loans636 342 233 1,211 259,808 261,019 
Consumer Loans1,079 18 66 1,163 88,067 89,230 
Credit Cards224 52 59 335 15,738 16,073 
Residential Mortgage Loans4,799 982 1,064 6,845 336,321 343,166 
Total$7,967 $1,511 $11,075 $20,553 $3,632,190 $3,652,743 
December 31, 202130-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueTotal
Past Due		Loans Not Past DueTotal
Commercial and Industrial Loans$12 $— $6,147 $6,159 $486,846 $493,005 
Commercial Real Estate Loans— 5 891 896 1,529,781 1,530,677 
Agricultural Loans— — — — 358,150 358,150 
Leases— — — — 55,345 55,345 
Home Equity Loans225 229 25 479 222,046 222,525 
Consumer Loans158 58 4 220 70,082 70,302 
Credit Cards61 9 64 134 14,223 14,357 
Residential Mortgage Loans2,726 507 369 3,602 259,963 263,565 
Total$3,182 $808 $7,500 $11,490 $2,996,436 $3,007,926 
Schedule of Risk Category of Loans
Based on the analysis performed at June 30, 2022 and December 31, 2021, the risk category of loans by class of loans is as follows:
Term Loans Amortized Cost Basis by Origination Year
As of June 30, 202220222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Commercial and Industrial:
Risk Rating
Pass$94,221 $128,056 $48,970 $57,023 $25,320 $66,158 $140,139 $559,887 
Special Mention— 104 630 123 584 643 2,010 4,094 
Substandard326 168 1,658 779 1,141 4,319 15,088 23,479 
Doubtful— — — — — — — — 
Total Commercial & Industrial Loans$94,547 $128,328 $51,258 $57,925 $27,045 $71,120 $157,237 $587,460 
Commercial Real Estate:
Risk Rating
Pass$152,123 $524,183 $289,249 $179,881 $147,216 $500,418 $38,772 $1,831,842 
Special Mention3,128 1,512 4,926 137 15,795 34,773 — 60,271 
Substandard851 186 — 1,266 2,215 7,604 — 12,122 
Doubtful— — — — — — — — 
Total Commercial Real Estate Loans$156,102 $525,881 $294,175 $181,284 $165,226 $542,795 $38,772 $1,904,235 
Agricultural:
Risk Rating
Pass$36,391 $52,074 $51,020 $27,243 $23,178 $99,354 $65,789 $355,049 
Special Mention400 1,797 6,730 5,457 3,074 12,979 6,287 36,724 
Substandard— 211 — 54 427 4,763 296 5,751 
Doubtful— — — — — — — — 
Total Agricultural Loans$36,791 $54,082 $57,750 $32,754 $26,679 $117,096 $72,372 $397,524 
Leases:
Risk Rating
Pass$8,242 $16,720 $11,127 $11,125 $3,865 $2,957 $— $54,036 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total Leases$8,242 $16,720 $11,127 $11,125 $3,865 $2,957 $— $54,036 
Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202120212020201920182017PriorRevolving Loans Amortized Cost BasisTotal
Commercial and Industrial:
Risk Rating
Pass$141,133 $57,477 $60,883 $29,005 $15,936 $48,559 $122,377 $475,370 
Special Mention115 128 227 649 7 918 1,510 3,554 
Substandard100 1,221 — 1,062 1,378 2,457 7,863 14,081 
Doubtful— — — — — — — — 
Total Commercial & Industrial Loans$141,348 $58,826 $61,110 $30,716 $17,321 $51,934 $131,750 $493,005 
Commercial Real Estate:
Risk Rating
Pass$404,175 $264,011 $164,204 $131,746 $139,788 $336,066 $26,697 $1,466,687 
Special Mention2,279 — 710 14,426 17,356 13,916 — 48,687 
Substandard74 — 7,687 1,528 — 6,014 — 15,303 
Doubtful— — — — — — — — 
Total Commercial Real Estate Loans$406,528 $264,011 $172,601 $147,700 $157,144 $355,996 $26,697 $1,530,677 
Agricultural:
Risk Rating
Pass$44,510 $45,101 $22,482 $24,187 $24,325 $71,268 $81,011 $312,884 
Special Mention1,714 5,346 5,503 3,025 6,438 6,624 8,271 36,921 
Substandard— — 63 385 1,048 6,849 — 8,345 
Doubtful— — — — — — — — 
Total Agricultural Loans$46,224 $50,447 $28,048 $27,597 $31,811 $84,741 $89,282 $358,150 
Leases:
Risk Rating
Pass$19,689 $12,706 $12,990 $5,599 $2,473 $1,888 $— $55,345 
Special Mention— — — — — — — — 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total Leases$19,689 $12,706 $12,990 $5,599 $2,473 $1,888 $— $55,345 
Schedule of Residential, Home Equity and Consumer Loans Based on Payment Activity The following tables present the amortized cost in residential, home equity and consumer loans based on payment activity.
Term Loans Amortized Cost Basis by Origination Year
As of June 30, 202220222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Consumer:
Payment performance
Performing$25,024 $40,135 $11,037 $3,638 $3,869 $2,159 $3,289 $89,151 
Nonperforming21 13 25 2 3 11 4 79 
Total Consumer Loans$25,045 $40,148 $11,062 $3,640 $3,872 $2,170 $3,293 $89,230 
Home Equity:
Payment performance
Performing$34 $— $— $— $20 $589 $260,143 $260,786 
Nonperforming— — — — — 1 232 233 
Total Home Equity Loans$34 $— $— $— $20 $590 $260,375 $261,019 
Residential Mortgage:
Payment performance
Performing$38,471 $101,614 $51,356 $21,215 $19,003 $110,075 $20 $341,754 
Nonperforming— 173 170 114 18 937 — 1,412 
Total Residential Mortgage Loans$38,471 $101,787 $51,526 $21,329 $19,021 $111,012 $20 $343,166 
Term Loans Amortized Cost Basis by Origination Year
As of December 31, 202120212020201920182017PriorRevolving Loans Amortized Cost BasisTotal
Consumer:
Payment performance
Performing$39,923 $15,900 $4,325 $4,531 $600 $1,655 $3,350 $70,284 
Nonperforming3 — — — — 15 — 18 
Total Consumer Loans$39,926 $15,900 $4,325 $4,531 $600 $1,670 $3,350 $70,302 
Home Equity:
Payment performance
Performing$— $— $— $21 $— $835 $221,644 $222,500 
Nonperforming— — — — — 1 24 25 
Total Home Equity Loans$— $— $— $21 $— $836 $221,668 $222,525 
Residential Mortgage:
Payment performance
Performing$84,809 $38,717 $15,244 $17,369 $19,688 $87,164 $— $262,991 
Nonperforming— — — — — 574 — 574 
Total Residential Mortgage Loans$84,809 $38,717 $15,244 $17,369 $19,688 $87,738 $— $263,565 
Schedule of Recorded Investment in Credit Cards Based on Payment Activity The following table presents the recorded investment in credit cards based on payment activity:
Credit CardsJune 30, 2022December 31, 2021
   Performing$16,014 $14,293 
   Nonperforming59 64 
      Total$16,073 $14,357 
Schedule of Loans Purchased and/or Sold During the Year
The following tables present loans purchased and/or sold during the year by portfolio segment and excludes the business combination activity:
June 30, 2022Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
   Purchases$— $1,063 $— $— $— $— $— $— $1,063 
   Sales— 609 — — — — — — 609 
December 31, 2021Commercial and Industrial LoansCommercial Real Estate LoansAgricultural LoansLeasesConsumer LoansHome Equity LoansCredit CardsResidential Mortgage LoansTotal
   Purchases$— $2,271 $— $— $— $— $— $— $2,271 
   Sales2,273 15,415 111 — — — — — 17,799