Loans (Tables)

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

Schedule of classes of loans

Classes of loans are as follows:

	June 30, 2024		December 31, 2023
	(Amounts In Thousands)
Agricultural	$	107,655	$	115,786
Commercial and financial	317,887		307,190
Real estate:
Construction, 1 to 4 family residential	79,182		80,255
Construction, land development and commercial	266,856		313,878
Mortgage, farmland	279,965		281,164
Mortgage, 1 to 4 family first liens	1,195,175		1,221,296
Mortgage, 1 to 4 family junior liens	144,165		144,524
Mortgage, multi-family	492,506		471,009
Mortgage, commercial	471,230		416,670
Loans to individuals	38,642		40,205
Obligations of state and political subdivisions	46,148		46,446
	$	3,439,411	$	3,438,423
Net unamortized fees and costs	332		359
	$	3,439,743	$	3,438,782
Less allowance for credit losses	49,730		49,410
	$	3,390,013	$	3,389,372

Schedule of changes in allowance for loan losses

Changes in the allowance for credit losses (ACL) for the three and six months ended June 30, 2024 and 2023 were as follows:

	Three Months Ended June 30, 2024
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL on loans:
Beginning balance	$	2,918	$	7,901	$	6,098	$	3,161	$	18,188	$	9,122	$	2,442	$	49,830
Charge-offs	(16)		(412)		(341)		(2)		(349)		(4)		(286)		(1,410)
Recoveries	31		184		2		2		221		29		66		535
Credit loss expense (benefit)	(100)		735		(415)		(61)		211		42		363		775
Ending balance	$	2,833	$	8,408	$	5,344	$	3,100	$	18,271	$	9,189	$	2,585	$	49,730
	Six months ended June 30, 2024
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL on loans:
Beginning balance	$	2,516	$	8,750	$	6,482	$	3,429	$	18,552	$	8,156	$	1,525	$	49,410
Charge-offs	(17)		(843)		(429)		(2)		(621)		(42)		(636)		(2,590)
Recoveries	54		595		286		24		424		194		171		1,748
Credit loss expense (benefit)	280		(94)		(995)		(351)		(84)		881		1,525		1,162
Ending balance	$	2,833	$	8,408	$	5,344	$	3,100	$	18,271	$	9,189	$	2,585	$	49,730

	Three Months Ended June 30, 2023
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL on loans:
Beginning balance	$	2,156	$	5,563	$	4,730	$	2,851	$	14,735	$	9,697	$	1,338	$	41,070
Charge-offs	—		(159)		(4)		—		(141)		—		(247)		(551)
Recoveries	11		101		2		7		98		40		73		332
Credit loss expense (benefit)	109		1,734		499		(1)		1,054		(233)		257		3,419
Ending balance	$	2,276	$	7,239	$	5,227	$	2,857	$	15,746	$	9,504	$	1,421	$	44,270
	Six Months Ended June 30, 2023
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL on loans:
Beginning balance	$	2,542	$	6,259	$	4,189	$	2,989	$	14,208	$	9,416	$	1,837	$	41,440
Charge-offs	(440)		(249)		(4)		—		(227)		—		(518)		(1,438)
Recoveries	18		184		3		34		179		66		137		621
Credit loss expense (benefit)	156		1,045		1,039		(166)		1,586		22		(35)		3,647
Ending balance	$	2,276	$	7,239	$	5,227	$	2,857	$	15,746	$	9,504	$	1,421	$	44,270
Loans:
Ending balance	$	103,588	$	289,903	$	346,722	$	269,103	$	1,327,713	$	873,201	$	86,875	$	3,297,105

The allowance for credit losses and the related loan balances as of December 31, 2023:

	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi-family and commercial		Other		Total
	(Amounts In Thousands)
2023
ACL on loans:
Ending balance	$	2,516	$	8,750	$	6,482	$	3,429	$	18,552	$	8,156	$	1,525	$	49,410

The following table presents the amortized cost basis of collateral dependent loans, by the primary collateral type, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans:

	Primary Type of Collateral
	Real Estate		Accounts Receivable		Equipment		Other		Total		ACL Allocation
	(Amounts In Thousands)
June 30, 2024
Agricultural	$	3,345	$	—	$	75	$	—	$	3,420	$	556
Commercial and financial	2,257		—		—		—		2,257		180
Real estate:
Construction, 1 to 4 family residential	2,598		—		—		—		2,598		71
Construction, land development and commercial	6,373		—		—		—		6,373		—
Mortgage, farmland	4,382		—		166		—		4,548		—
Mortgage, 1 to 4 family first liens	6,786		—		—		—		6,786		75
Mortgage, 1 to 4 family junior liens	249		—		—		—		249		—
Mortgage, multi-family	7,451		—		—		—		7,451		—
Mortgage, commercial	6,053		—		—		—		6,053		240
Loans to individuals	—		—		—		—		—		—
Obligations of state and political subdivisions	—		—		—		—		—		—
	$	39,494	$	—	$	241	$	—	$	39,735	$	1,122

	Primary Type of Collateral
	Real Estate		Accounts Receivable		Equipment		Other		Total		ACL Allocation
	(Amounts In Thousands)
December 31, 2023
Agricultural	$	2,557	$	—	$	—	$	—	$	2,557	$	—
Commercial and financial	2,233		—		10		—		2,243		560
Real estate:
Construction, 1 to 4 family residential	5,504		—		—		—		5,504		—
Construction, land development and commercial	8,080		—		—		—		8,080		—
Mortgage, farmland	2,077		—		169		—		2,246		—
Mortgage, 1 to 4 family first liens	6,593		—		—		—		6,593		104
Mortgage, 1 to 4 family junior liens	239		—		—		—		239		—
Mortgage, multi-family	7,685		—		—		—		7,685		—
Mortgage, commercial	5,139		—		—		—		5,139		—
Loans to individuals	60		—		—		—		60		60
Obligations of state and political subdivisions	—		—		—		—		—		—
	$	40,167	$	—	$	179	$	—	$	40,346	$	724

Schedule of allowance for credit losses for off-balance sheet credit exposure

Changes in the allowance for credit losses (ACL) for off-balance sheet credit exposures for the three and six months ended June 30, 2024 and 2023 were as follows:

	Three Months Ended June 30, 2024
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL for off-balance sheet credit exposures:
Beginning balance	$	552	$	1,183	$	2,102	$	31	$	425	$	14	$	53	$	4,360
Credit loss expense (benefit)	54		(15)		(138)		(2)		7		(7)		1		(100)
(Charge-offs), net recoveries	—		—		—		—		—		—		—		—
Ending balance	$	606	$	1,168	$	1,964	$	29	$	432	$	7	$	54	$	4,260
	Six Months Ended June 30, 2024
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL for off-balance sheet credit exposures:
Beginning balance	$	283	$	1,407	$	2,841	$	73	$	363	$	88	$	55	$	5,110
Credit loss expense (benefit)	323		(239)		(877)		(44)		69		(81)		(1)		(850)
(Charge-offs), net recoveries	—		—		—		—		—		—		—		—
Ending balance	$	606	$	1,168	$	1,964	$	29	$	432	$	7	$	54	$	4,260

	Three Months Ended June 30, 2023
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL for off-balance sheet credit exposures:
Beginning balance	$	272	$	1,070	$	2,603	$	54	$	457	$	88	$	26	$	4,570
Credit loss expense (benefit)	119		(117)		(867)		5		44		52		24		(740)
(Charge-offs), net recoveries	—		—		—		—		—		—		—		—
Ending balance	$	391	$	953	$	1,736	$	59	$	501	$	140	$	50	$	3,830
	Six Months Ended June 30, 2023
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
ACL for off-balance sheet credit exposures:
Beginning balance	$	525	$	1,099	$	2,126	$	55	$	471	$	122	$	32	$	4,430
Credit loss expense (benefit)	(134)		(146)		(390)		4		30		18		18		(600)
(Charge-offs), net recoveries	—		—		—		—		—		—		—		—
Ending balance	$	391	$	953	$	1,736	$	59	$	501	$	140	$	50	$	3,830

The ACL for off-balance sheet credit exposures as of December 31, 2023 were as follows:

	Year Ended December 31, 2023
	Agricultural		Commercial and Financial		Real Estate: Construction and land development		Real Estate: Mortgage, farmland		Real Estate: Mortgage, 1 to 4 family		Real Estate: Mortgage, multi- family and commercial		Other		Total
	(Amounts In Thousands)
Ending balance	$	283	$	1,407	$	2,841	$	73	$	363	$	88	$	55	$	5,110

Schedule of credit quality indicators by type of loans

The following tables present the credit quality indicators and origination years by type of loan in each category as of June 30, 2024 (amounts in thousands):

	Agricultural
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	643	$	83	$	711	$	—	$	61	$	133	$	3,917	$	5,548
Good	2,396		1,909		1,495		275		290		165		7,228		13,758
Satisfactory	5,258		4,337		5,423		2,085		1,368		280		28,569		47,320
Monitor	2,904		2,076		3,571		676		371		193		13,747		23,538
Special Mention	1,857		1,351		1,454		123		30		505		6,576		11,896
Substandard	392		410		327		56		—		—		4,410		5,595
Total	$	13,450	$	10,166	$	12,981	$	3,215	$	2,120	$	1,276	$	64,447	$	107,655
Current-period gross write offs	$	—	$	7	$	4	$	1	$	—	$	—	$	5	$	17

	Commercial and Financial
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	1,048	$	2,617	$	337	$	267	$	388	$	—	$	3,347	$	8,004
Good	4,286		9,646		8,160		4,666		1,261		222		18,556		46,797
Satisfactory	16,944		39,285		27,512		13,609		4,599		2,059		64,469		168,477
Monitor	14,655		10,130		12,870		3,691		2,476		222		30,899		74,943
Special Mention	2,418		5,149		1,385		1,338		371		47		3,370		14,078
Substandard	1,448		1,950		500		485		501		416		288		5,588
Total	$	40,799	$	68,777	$	50,764	$	24,056	$	9,596	$	2,966	$	120,929	$	317,887
Current-period gross write offs	$	360	$	452	$	19	$	12	$	—	$	—	$	—	$	843

	Real Estate: Construction, 1 to 4 Family Residential
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	—	$	—	$	—	$	5,213	$	5,213
Good	—		—		—		—		—		—		10,264		10,264
Satisfactory	687		2,585		—		—		—		—		29,927		33,199
Monitor	4,084		1,047		—		—		—		—		17,144		22,275
Special Mention	24		998		—		—		—		—		5,211		6,233
Substandard	—		987		1,011		—		—		—		—		1,998
Total	$	4,795	$	5,617	$	1,011	$	—	$	—	$	—	$	67,759	$	79,182
Current-period gross write offs	$	—	$	359	$	—	$	—	$	—	$	—	$	—	$	359

	Real Estate: Construction, Land Development and Commercial
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	250	$	—	$	—	$	96	$	2,072	$	2,418
Good	849		2,036		651		—		947		188		6,500		11,171
Satisfactory	5,825		15,155		6,888		5,698		317		1,144		130,677		165,704
Monitor	2,585		2,193		837		1,872		179		—		68,252		75,918
Special Mention	8		1,953		127		476		—		—		1,668		4,232
Substandard	45		4,400		2,386		—		582		—		—		7,413
Total	$	9,312	$	25,737	$	11,139	$	8,046	$	2,025	$	1,428	$	209,169	$	266,856
Current-period gross write offs	$	—	$	59	$	—	$	—	$	—	$	11	$	—	$	70

	Real Estate: Mortgage, Farmland
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	840	$	1,868	$	6,097	$	1,795	$	150	$	—	$	90	$	10,840
Good	1,550		5,238		16,517		12,162		6,013		1,303		7,296		50,079
Satisfactory	8,290		28,980		46,394		33,020		15,697		9,543		15,366		157,290
Monitor	6,776		10,914		19,322		3,730		3,593		1,033		2,741		48,109
Special Mention	—		2,744		1,164		1,617		334		208		3,331		9,398
Substandard	2,274		1,421		67		—		225		262		—		4,249
Total	$	19,730	$	51,165	$	89,561	$	52,324	$	26,012	$	12,349	$	28,824	$	279,965
Current-period gross write offs	$	—	$	—	$	2	$	—	$	—	$	—	$	—	$	2

	Real Estate: Mortgage, 1 to 4 Family First Liens
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	439	$	7,767	$	10,971	$	1,144	$	331	$	612	$	1	$	21,265
Good	640		2,206		10,475		3,877		7,231		11,278		5,851		41,558
Satisfactory	42,464		180,463		298,090		164,903		111,236		161,893		13,132		972,181
Monitor	4,180		15,983		39,498		17,471		17,229		13,406		10,438		118,205
Special Mention	525		2,097		8,717		4,798		2,073		4,910		143		23,263
Substandard	356		2,427		3,274		4,194		2,076		5,659		717		18,703
Total	$	48,604	$	210,943	$	371,025	$	196,387	$	140,176	$	197,758	$	30,282	$	1,195,175
Current-period gross write offs	$	—	$	114	$	137	$	89	$	3	$	18	$	30	$	391

	Real Estate: Mortgage, 1 to 4 Family Junior Liens
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	—	$	—	$	—	$	2	$	2
Good	—		86		253		183		412		511		2,727		4,172
Satisfactory	4,265		9,054		12,077		8,324		5,985		10,004		81,612		131,321
Monitor	67		472		624		340		478		424		3,498		5,903
Special Mention	—		56		262		250		170		227		713		1,678
Substandard	28		91		108		150		40		111		561		1,089
Total	$	4,360	$	9,759	$	13,324	$	9,247	$	7,085	$	11,277	$	89,113	$	144,165
Current-period gross write offs	$	—	$	125	$	39	$	53	$	4	$	9	$	—	$	230

	Real Estate: Mortgage, Multi-Family
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	5,676	$	2,926	$	2,351	$	96	$	1	$	11,050
Good	—		28,866		48,904		14,562		27,478		7,891		10,708		138,409
Satisfactory	5,556		24,319		69,779		56,818		15,971		13,282		27,271		212,996
Monitor	2,810		23,925		26,055		17,459		21,574		1,110		11,514		104,447
Special Mention	—		4,821		2,120		5,085		188		—		5,456		17,670
Substandard	—		155		7,725		54		—		—		—		7,934
Total	$	8,366	$	82,086	$	160,259	$	96,904	$	67,562	$	22,379	$	54,950	$	492,506
Current-period gross write offs	$	—	$	—	$	—	$	22	$	—	$	—	$	—	$	22

	Real Estate: Mortgage, Commercial
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	1,234	$	1,430	$	—	$	836	$	14,418	$	523	$	3,928	$	22,369
Good	2,957		6,851		17,548		18,662		14,504		4,763		12,635		77,920
Satisfactory	19,404		29,886		39,125		41,449		39,145		20,668		56,513		246,190
Monitor	20,170		8,280		21,909		13,661		9,566		8,714		19,823		102,123
Special Mention	—		2,287		6,402		2,708		1,880		1,301		981		15,559
Substandard	1,650		—		1,158		2,243		1,636		86		296		7,069
Total	$	45,415	$	48,734	$	86,142	$	79,559	$	81,149	$	36,055	$	94,176	$	471,230
Current-period gross write offs	$	5	$	3	$	8	$	—	$	4	$	—	$	—	$	20

	Loans to Individuals
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Good	74		90		5		—		—		2		3		174
Satisfactory	19,650		9,766		4,735		2,149		704		145		238		37,387
Monitor	101		340		122		63		—		—		3		629
Special Mention	1		133		79		32		—		—		2		247
Substandard	56		131		10		2		—		—		6		205
Total	$	19,882	$	10,460	$	4,951	$	2,246	$	704	$	147	$	252	$	38,642
Current-period gross write offs	$	515	$	89	$	27	$	5	$	—	$	—	$	—	$	636

	Obligations of State and Political Subdivisions
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	—	$	—	$	3,516	$	—	$	3,516
Good	—		—		—		—		1,692		16,379		3,142		21,213
Satisfactory	1,304		1,369		1,807		787		1,804		4,808		1,968		13,847
Monitor	—		—		751		—		511		865		—		2,127
Special Mention	—		—		—		—		289		148		—		437
Substandard	—		—		94		—		—		1,934		2,980		5,008
Total	$	1,304	$	1,369	$	2,652	$	787	$	4,296	$	27,650	$	8,090	$	46,148
Current-period gross write offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
	Totals
June 30, 2024	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	4,204	$	13,765	$	24,042	$	6,968	$	17,699	$	4,976	$	18,571	$	90,225
Good	12,752		56,928		104,008		54,387		59,828		42,702		84,910		415,515
Satisfactory	129,647		345,199		511,830		328,842		196,826		223,826		449,742		2,185,912
Monitor	58,332		75,360		125,559		58,963		55,977		25,967		178,059		578,217
Special Mention	4,833		21,589		21,710		16,427		5,335		7,346		27,451		104,691
Substandard	6,249		11,972		16,660		7,184		5,060		8,468		9,258		64,851
Total	$	216,017	$	524,813	$	803,809	$	472,771	$	340,725	$	313,285	$	767,991	$	3,439,411
Current-period gross write offs	$	880	$	1,208	$	236	$	182	$	11	$	38	$	35	$	2,590

The following table presents the credit quality indicators by type of loans in each category as of December 31, 2023 (amounts in thousands):

	Agricultural
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	292	$	749	$	—	$	94	$	10	$	—	$	6,067	$	7,212
Good	3,555		2,318		359		562		377		2		10,479		17,652
Satisfactory	8,412		8,787		2,706		1,644		430		153		32,552		54,684
Monitor	4,624		2,630		687		425		252		758		15,510		24,886
Special Mention	1,275		1,148		171		34		10		—		1,846		4,484
Substandard	1,268		331		159		—		377		—		4,733		6,868
Total	$	19,426	$	15,963	$	4,082	$	2,759	$	1,456	$	913	$	71,187	$	115,786
Gross write-offs for period	$	56	$	416	$	—	$	—	$	—	$	—	309		$	781

	Commercial and Financial
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	3,163	$	445	$	411	$	474	$	—	$	—	$	3,003	$	7,496
Good	8,655		11,491		5,304		1,654		189		103		19,385		46,781
Satisfactory	52,177		31,977		16,571		6,168		2,485		1,009		66,021		176,408
Monitor	14,711		14,008		5,152		3,957		477		44		23,418		61,767
Special Mention	6,355		1,775		429		247		57		6		1,425		10,294
Substandard	1,673		511		643		209		317		370		721		4,444
Total	$	86,734	$	60,207	$	28,510	$	12,709	$	3,525	$	1,532	$	113,973	$	307,190
Gross write-offs for period	$	1,878	$	261	$	181	$	136	$	122	$	10	626		$	3,214

	Real Estate: Construction, 1 to 4 Family Residential
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	—	$	—	$	—	$	4	$	4
Good	497		1,347		—		—		—		—		12,548		14,392
Satisfactory	3,043		404		—		—		—		—		31,228		34,675
Monitor	3,490		—		—		—		—		—		18,308		21,798
Special Mention	506		—		—		—		—		—		2,967		3,473
Substandard	560		4,851		—		—		—		—		502		5,913
Total	$	8,096	$	6,602	$	—	$	—	$	—	$	—	$	65,557	$	80,255
Gross write-offs for period	$	149	$	1,019	$	—	$	—	$	—	$	—	234		$	1,402

	Real Estate: Construction, Land Development and Commercial
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	250	$	—	$	—	$	—	$	106	$	1,292	$	1,648
Good	3,704		651		305		947		—		199		10,321		16,127
Satisfactory	17,198		9,379		7,540		517		274		1,104		176,540		212,552
Monitor	16,786		1,946		1,083		162		—		—		51,842		71,819
Special Mention	1,713		223		117		—		—		—		2,177		4,230
Substandard	2,700		3,774		—		956		—		11		61		7,502
Total	$	42,101	$	16,223	$	9,045	$	2,582	$	274	$	1,420	$	242,233	$	313,878
Gross write-offs for period	$	456	$	187	$	—	$	9	$	—	$	—	12		$	664

	Real Estate: Mortgage, Farmland
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	1,966	$	4,469	$	1,928	$	177	$	—	$	—	$	100	$	8,640
Good	7,244		21,882		11,016		7,206		964		977		7,006		56,295
Satisfactory	37,415		52,580		37,032		16,537		3,063		8,213		15,985		170,825
Monitor	6,256		14,840		3,353		4,452		270		1,242		1,586		31,999
Special Mention	2,073		835		1,719		108		224		—		2,807		7,766
Substandard	3,793		1,681		—		—		—		165		—		5,639
Total	$	58,747	$	96,287	$	55,048	$	28,480	$	4,521	$	10,597	$	27,484	$	281,164
Gross write-offs for period	$	21	$	—	$	—	$	—	$	—	$	—	—		$	21

	Real Estate: Mortgage, 1 to 4 Family First Liens
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	446	$	1,405	$	1,165	$	338	$	—	$	661	$	—	$	4,015
Good	11,907		20,471		4,704		7,481		1,656		11,012		5,499		62,730
Satisfactory	196,885		312,473		178,678		121,112		44,683		134,698		14,328		1,002,857
Monitor	15,328		43,289		15,338		17,706		2,993		11,122		9,115		114,891
Special Mention	2,585		5,752		4,145		1,515		993		4,533		794		20,317
Substandard	1,531		2,368		3,966		2,556		1,392		4,482		191		16,486
Total	$	228,682	$	385,758	$	207,996	$	150,708	$	51,717	$	166,508	$	29,927	$	1,221,296
Gross write-offs for period	$	—	$	120	$	25	$	46	$	14	$	31	1		$	237

	Real Estate: Mortgage, 1 to 4 Family Junior Liens
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	2	$	—	$	—	$	—	$	2
Good	86		259		185		430		86		461		4,031		5,538
Satisfactory	10,921		13,280		9,008		6,818		3,563		8,224		78,798		130,612
Monitor	466		582		303		482		406		92		3,120		5,451
Special Mention	77		199		257		169		14		155		771		1,642
Substandard	86		51		185		53		16		155		733		1,279
Total	$	11,636	$	14,371	$	9,938	$	7,954	$	4,085	$	9,087	$	87,453	$	144,524
Gross write-offs for period	$	24	$	34	$	77	$	25	$	15	$	44	11		$	230

	Real Estate: Mortgage, Multi-Family
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	5,806	$	2,992	$	3,093	$	—	$	113	$	—	$	12,004
Good	29,175		49,599		14,879		22,335		—		8,110		2,119		126,217
Satisfactory	30,113		71,890		60,229		22,233		1,256		13,816		17,688		217,225
Monitor	26,456		26,082		20,583		22,276		162		1,141		1,032		97,732
Special Mention	—		1,927		906		191		—		—		5,525		8,549
Substandard	169		7,999		78		—		—		—		1,036		9,282
Total	$	85,913	$	163,303	$	99,667	$	70,128	$	1,418	$	23,180	$	27,400	$	471,009
Gross write-offs for period	$	—	$	83	$	18	$	—	$	—	$	—	—		$	101

	Real Estate: Mortgage, Commercial
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	1,469	$	1,519	$	555	$	16,733	$	—	$	570	$	—	$	20,846
Good	7,293		19,233		17,928		16,978		2,332		3,467		12,937		80,168
Satisfactory	31,567		39,024		48,551		38,915		8,830		13,642		40,044		220,573
Monitor	10,862		30,376		14,892		12,059		297		8,480		5,698		82,664
Special Mention	494		1,127		828		544		—		1,006		993		4,992
Substandard	244		755		2,270		2,495		605		88		970		7,427
Total	$	51,929	$	92,034	$	85,024	$	87,724	$	12,064	$	27,253	$	60,642	$	416,670
Gross write-offs for period	$	7	$	—	$	761	$	—	$	—	$	—	—		$	768

	Loans to Individuals
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Good	150		6		—		—		5		—		2		163
Satisfactory	27,480		6,715		3,064		1,154		272		97		257		39,039
Monitor	358		178		34		4		—		—		2		576
Special Mention	62		115		46		—		—		—		1		224
Substandard	117		18		6		—		—		60		2		203
Total	$	28,167	$	7,032	$	3,150	$	1,158	$	277	$	157	$	264	$	40,205
Gross write-offs for period	$	1,064	$	101	$	33	$	11	$	7	$	—	3		$	1,219

	Obligations of State and Political Subdivisions
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	—	$	—	$	—	$	—	$	—	$	4,543	$	—	$	4,543
Good	—		—		—		1,752		—		7,064		—		8,816
Satisfactory	1,381		2,306		787		2,355		1,141		12,959		5,311		26,240
Monitor	—		331		—		—		290		606		—		1,227
Special Mention	—		—		—		289		159		—		—		448
Substandard	—		107		—		—		—		2,030		3,035		5,172
Total	$	1,381	$	2,744	$	787	$	4,396	$	1,590	$	27,202	$	8,346	$	46,446
Gross write-offs for period	$	—	$	—	$	—	$	—	$	—	$	—	—		$	—
	Totals
December 31, 2023	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Total
Grade:
Excellent	$	7,336	$	14,643	$	7,051	$	20,911	$	10	$	5,993	$	10,466	$	66,410
Good	72,266		127,257		54,680		59,345		5,609		31,395		84,327		434,879
Satisfactory	416,592		548,815		364,166		217,453		65,997		193,915		478,752		2,285,690
Monitor	99,337		134,262		61,425		61,523		5,147		23,485		129,631		514,810
Special Mention	15,140		13,101		8,618		3,097		1,457		5,700		19,306		66,419
Substandard	12,141		22,446		7,307		6,269		2,707		7,361		11,984		70,215
Total	$	622,812	$	860,524	$	503,247	$	368,598	$	80,927	$	267,849	$	734,466	$	3,438,423
Gross write-offs for period	$	3,655	$	2,221	$	1,095	$	227	$	158	$	85	1,196		$	8,637

Schedule of past due loans

Past due loans as of June 30, 2024 and December 31, 2023 were as follows:

	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans Receivable		Accruing Loans Past Due 90 Days or More
	(Amounts In Thousands)
June 30, 2024
Agricultural	$	7	$	347	$	553	$	907	$	106,748	$	107,655	$	—
Commercial and financial	1,145		1,179		1,128		3,452		314,435		317,887		84
Real estate:
Construction, 1 to 4 family residential	2,369		—		2,048		4,417		74,765		79,182		—
Construction, land development and commercial	1,169		—		5,934		7,103		259,753		266,856		—
Mortgage, farmland	158		—		67		225		279,740		279,965		—
Mortgage, 1 to 4 family first liens	1,377		2,202		2,186		5,765		1,189,410		1,195,175		320
Mortgage, 1 to 4 family junior liens	42		96		3		141		144,024		144,165		—
Mortgage, multi-family	—		2,259		4,982		7,241		485,265		492,506		—
Mortgage, commercial	677		309		2,114		3,100		468,130		471,230		—
Loans to individuals	470		90		—		560		38,082		38,642		—
Obligations of state and political subdivisions	—		—		—		—		46,148		46,148		—
	$	7,414	$	6,482	$	19,015	$	32,911	$	3,406,500	$	3,439,411	$	404
December 31, 2023
Agricultural	$	801	$	—	$	—	$	801	$	114,985	$	115,786	$	—
Commercial and financial	1,345		1,752		384		3,481		303,709		307,190		—
Real estate:
Construction, 1 to 4 family residential	433		—		5,411		5,844		74,411		80,255		—
Construction, land development and commercial	730		—		7,953		8,683		305,195		313,878		30
Mortgage, farmland	—		183		—		183		280,981		281,164		—
Mortgage, 1 to 4 family first liens	13,344		3,047		2,720		19,111		1,202,185		1,221,296		515
Mortgage, 1 to 4 family junior liens	519		20		5		544		143,980		144,524		—
Mortgage, multi-family	1,869		—		7,685		9,554		461,455		471,009		—
Mortgage, commercial	875		416		—		1,291		415,379		416,670		—
Loans to individuals	341		31		—		372		39,833		40,205		—
Obligations of state and political subdivisions	—		—		—		—		46,446		46,446		—
	$	20,257	$	5,449	$	24,158	$	49,864	$	3,388,559	$	3,438,423	$	545

Schedule of impaired loan information

Certain nonaccrual loan information by loan type at June 30, 2024 and December 31, 2023, was as follows:

	June 30, 2024				December 31, 2023
	Total Non-accrual loans		Nonaccrual with no ACL		Total Non- accrual loans		Nonaccrual with no ACL
	(Amounts In Thousands)				(Amounts In Thousands)
Agricultural	$	900	$	865	$	—	$	—
Commercial and financial	1,044		1,044		524		524
Real estate:
Construction, 1 to 4 family residential	2,598		1,936		5,505		5,505
Construction, land development and commercial	6,374		6,374		8,049		8,049
Mortgage, farmland	67		67		—		—
Mortgage, 1 to 4 family first liens	6,216		5,410		5,805		4,819
Mortgage, 1 to 4 family junior liens	249		249		221		221
Mortgage, multi-family	7,451		7,451		7,685		7,685
Mortgage, commercial	3,391		3,391		3,099		3,099
Loans to individuals	—		—		—		—
Obligations of state and political subdivisions	—		—		—		—
	$	28,290	$	26,787	$	30,888	$	29,902

Schedule of information for TDR loans

The following table shows the amortized cost basis at the end of the reporting period of the loans modified to borrowers experiencing financial difficulty, disaggregated by class of financing receivable and type of concession granted (numbers in thousands):

Loan Modifications Made to Borrowers Experiencing Financial Difficulty
	Three months ended June 30, 2024				Three months ended June 30, 2023
	Amortized Cost Basis			% of Total Class of Financing Receivable	Amortized Cost Basis			% of Total Class of Financing Receivable
Loan Type
Commercial and financial	260		Term extension	0.08%	261		Term extension	0.09%
Total	$	260			$	261
	Six months ended June 30, 2024				Six months ended June 30, 2023
	Amortized Cost Basis			% of Total Class of Financing Receivable	Amortized Cost Basis			% of Total Class of Financing Receivable
Loan Type
Mortgage, farmland	$	2,274	6 month payment deferral	0.81%	$	1,229	Term extension	0.46%
Agricultural	—		None	—%	474		Term extension	0.46%
Mortgage, commercial	432		Term extension	0.09%	—		None	—%
Commercial and financial	675		Term extension	0.21%	261		Term extension	0.09%
Total	$	3,381			$	1,964

The following table describes the financial effect of the modifications made to borrowers experiencing financial difficulty:

Three Months Ended June 30, 2024		Three Months Ended June 30, 2023
Loan Type	Financial Effect	Loan Type	Financial Effect
Commercial and financial	Added a weighted-average 3.07 years to the life of loans, which reduced monthly payment amounts for the borrowers.	Commercial and financial	Added a weighted-average 2.98 years to the life of loans, which reduced monthly payment amounts for the borrowers.
Six Months Ended June 30, 2024		Six Months Ended June 30, 2023
Loan Type	Financial Effect	Loan Type	Financial Effect
Mortgage, farmland	Provided a payment deferral, which temporarily reduced monthly payment amounts for the borrowers.	Mortgage, farmland	Added a weighted-average 5.30 years to the life of loans, which reduced monthly payment amounts for the borrowers.
Agricultural	None	Agricultural	Added a weighted-average 1.19 years to the life of loans, which reduced monthly payment amounts for the borrowers.
Mortgage, commercial	Provided interest only payments, which temporarily reduced monthly payment amounts for the borrowers.	Mortgage, commercial	None
Commercial and financial	Added a weighted-average 1.63 years to the life of loans, which reduced monthly payment amounts for the borrowers.	Commercial and financial	Added a weighted-average 2.98 years to the life of loans, which reduced monthly payment amounts for the borrowers.

The following table depicts the performance of loans that have been modified in the last 12 months (numbers in thousands):

June 30, 2024 Payment Status (Amortized Cost Basis)
	Current		30-89 Days Past Due		90+ Days Past Due
Loan Type
Mortgage, farmland	$	2,274	$	—	$	—
Agricultural	2,488		—		—
Mortgage, commercial	744		—		—
Commercial and financial	259		416		—
	$	5,765	$	416	$	—
June 30, 2023 Payment Status (Amortized Cost Basis)
	Current		30-89 Days Past Due		90+ Days Past Due
Loan Type
Mortgage, farmland	$	1,229	$	—	$	—
Agricultural	474		—		—
Commercial and financial	261		—		—
	$	1,964	$	—	$	—