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LOANS AND ALLOWANCE FOR CREDIT LOSSES

3 Months Ended

Mar. 31, 2022

Total net loans at March 31, 2022 and December 31, 2021 are summarized as follows:


	March 31, 2022		Percentage of Total		December 31, 2021		Percentage of Total
Farmland	$	31,299	0.8	%	$	23,768	0.7	%
Owner-occupied, nonfarm nonresidential properties	448,180		11.9	%	434,672		12.0	%
Agricultural production and other loans to farmers	1,376		0.0	%	1,379		0.0	%
Commercial and Industrial 1	717,252		19.1	%	708,989		19.5	%
Obligations (other than securities and leases) of states and political subdivisions	142,415		3.8	%	140,887		3.9	%
Other loans	13,441		0.4	%	13,979		0.4	%
Other construction loans and all land development and other land loans	319,154		8.5	%	298,869		8.2	%
Multifamily (5 or more) residential properties	228,534		6.1	%	216,143		5.9	%
Non-owner occupied, nonfarm nonresidential properties	698,574		18.6	%	663,062		18.2	%
1-4 Family Construction	41,023		1.1	%	37,822		1.0	%
Home equity lines of credit	109,224		2.9	%	104,517		2.9	%
Residential Mortgages secured by first liens	841,001		22.4	%	826,729		22.7	%
Residential Mortgages secured by junior liens	57,909		1.5	%	56,689		1.6	%
Other revolving credit plans	25,857		0.7	%	26,536		0.7	%
Automobile	20,416		0.5	%	20,862		0.6	%
Other consumer	49,517		1.3	%	49,676		1.4	%
Credit cards	10,937		0.3	%	9,935		0.3	%
Overdrafts	254		0.0	%	278		0.0	%
Total loans	$	3,756,363	100.0	%	$	3,634,792	100.0	%
Less: Allowance for credit losses	(38,117)				(37,588)
Loans, net	$	3,718,246			$	3,597,204

Net deferred loan origination fees (costs) included in the above loan table	$	4,842			$	5,667

1 PPP loans, net of deferred PPP processing fees, both those disbursed in 2020 and those disbursed in 2021, are included in the Commercial and Industrial classification.

The Corporation’s outstanding loans and related unfunded commitments are primarily concentrated within central and northwest Pennsylvania, central and northeast Ohio, western New York and Southwestern Virginia. The Bank attempts to limit concentrations within specific industries by utilizing dollar limitations to single industries or customers, and by entering into participation agreements with third parties. Collateral requirements are established based on management’s assessment of the customer. The Corporation maintains lending policies to control the quality of the loan portfolio. These policies delegate the authority to extend loans under specific guidelines and underwriting standards. These policies are prepared by the Corporation’s management and reviewed and ratified annually by the Corporation’s Board of Directors.

During the second quarter of 2020, the Corporation began originating loans to qualified small businesses under the Paycheck Protection Program ("PPP") administered by the Small Business Administration (“SBA”) under the provisions of the Coronavirus Aid, Relief, and Economic Security Act. PPP loans, both those disbursed in 2020 and those disbursed in 2021, are included in the commercial and industrial classification and, as the PPP loans are fully guaranteed by the SBA, no allowance for credit losses was required recorded against the PPP loans, net of deferred PPP processing fees, outstanding of $18.4 million and $45.2 million as of March 31, 2022 and December 31, 2021, respectively. Syndicated loans, net of deferred fees and costs, are included in the commercial and industrial classification and totaled $147.1 million and $125.8 million as of March 31, 2022 and December 31, 2021, respectively.

Transactions in the allowance for credit losses for the three months ended March 31, 2022 were as follows:


	Beginning Allowance		(Charge-offs)		Recoveries		Provision (Benefit) for Credit Losses on Loans (1)		Ending Allowance
Farmland	$	151	$	0	$	0	$	35	$	186
Owner-occupied, nonfarm nonresidential properties	3,339		(21)		7		270		3,595
Agricultural production and other loans to farmers	9		0		0		1		10
Commercial and Industrial	8,837		(71)		78		246		9,090
Obligations (other than securities and leases) of states and political subdivisions	1,649		0		0		179		1,828
Other loans	149		0		0		(6)		143
Other construction loans and all land development and other land loans	2,198		0		0		(148)		2,050
Multifamily (5 or more) residential properties	2,289		0		0		(53)		2,236
Non-owner occupied, nonfarm nonresidential properties	6,481		0		0		(70)		6,411
1-4 Family Construction	158		0		0		52		210
Home equity lines of credit	1,169		0		8		4		1,181
Residential Mortgages secured by first liens	6,943		(47)		12		(3)		6,905
Residential Mortgages secured by junior liens	546		0		0		6		552
Other revolving credit plans	528		(26)		6		39		547
Automobile	263		(7)		0		(2)		254
Other consumer	2,546		(401)		22		402		2,569
Credit cards	92		(14)		4		21		103
Overdrafts	241		(119)		41		84		247
Total loans	$	37,588	$	(706)	$	178	$	1,057	$	38,117

(1) Excludes provision for credit losses related to unfunded commitments. Note 8, "Off-Balance Sheet Commitments and Contingencies," in the condensed consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation.

Transactions in the allowance for credit losses for the three months ended March 31, 2021 were as follows:


	Beginning Allowance		(Charge-offs)		Recoveries		Provision (Benefit) for Credit Losses on Loans (1)		Ending Allowance
Farmland	$	221	$	0	$	0	$	3	$	224
Owner-occupied, nonfarm nonresidential properties	3,700		(531)		2		(236)		2,935
Agricultural production and other loans to farmers	24		0		0		4		28
Commercial and Industrial	6,233		(56)		5		297		6,479
Obligations (other than securities and leases) of states and political subdivisions	998		0		0		717		1,715
Other loans	68		0		0		5		73
Other construction loans and all land development and other land loans	1,956		0		0		50		2,006
Multifamily (5 or more) residential properties	2,724		0		0		30		2,754
Non-owner occupied, nonfarm nonresidential properties	8,658		0		0		2,668		11,326
1-4 Family Construction	82		0		0		(15)		67
Home equity lines of credit	985		0		0		(142)		843
Residential Mortgages secured by first liens	4,539		(28)		31		(992)		3,550
Residential Mortgages secured by junior liens	241		0		0		(17)		224
Other revolving credit plans	507		(6)		2		24		527
Automobile	132		(5)		0		55		182
Other consumer	2,962		(315)		48		(321)		2,374
Credit cards	66		(33)		8		24		65
Overdrafts	244		(84)		55		(32)		183
Total loans	$	34,340	$	(1,058)	$	151	$	2,122	$	35,555

The Corporation's allowance for credit losses is influenced by loan volumes, risk rating migration, delinquency status and other conditions influencing loss expectations, such as reasonable and supportable forecasts of economic conditions.

For the three months ended March 31, 2022, the allowance for credit losses increased due to the growth in the Corporation's loan portfolio, including growth in new market areas. This was partially offset by improvements in the Corporation's historical loss rates, as well as the impact of net charge-offs. There is still a significant amount of uncertainty related to the economic impact of COVID-19, including duration of the pandemic, new variants, future government responses, and the resiliency of the U.S. economy, as well as the uncertain macroeconomic environment. Management will continue to evaluate its estimate of expected credit losses as new information becomes available.

Provision for credit losses was $1.6 million for the three months ended March 31, 2022, compared to $2.1 million for March 31, 2021. Included in the provision for credit losses for the three months ended March 31, 2022 was $586 thousand related to the allowance for unfunded commitments compared to zero for the three months ended March 31, 2021.

The following tables presents the amortized cost basis of loans on nonaccrual status and loans past due over 89 days still accruing as of March 31, 2022 and December 31, 2021, respectively:


	March 31, 2022
	Nonaccrual		Nonaccrual With No Allowance for Credit Loss		Loans Past Due over 89 Days Still Accruing
Farmland	$	965	$	965	$	0
Owner-occupied, nonfarm nonresidential properties	751		668		0

Commercial and Industrial	7,264		1,915		5


Other construction loans and all land development and other land loans	77		77		0
Multifamily (5 or more) residential properties	1,143		0		0
Non-owner occupied, nonfarm nonresidential properties	3,724		2,097		0

Home equity lines of credit	646		646		0
Residential Mortgages secured by first liens	4,133		3,668		36
Residential Mortgages secured by junior liens	139		139		0
Other revolving credit plans	31		31		0
Automobile	28		28		0
Other consumer	477		477		0
Credit cards	0		0		11

Total loans	$	19,378	$	10,711	$	52


	December 31, 2021
	Nonaccrual		Nonaccrual With No Allowance for Credit Loss		Loans Past Due over 89 Days Still Accruing
Farmland	$	965	$	965	$	0
Owner-occupied, nonfarm nonresidential properties	850		762		0

Commercial and Industrial	7,060		1,653		8


Other construction loans and all land development and other land loans	516		77		0
Multifamily (5 or more) residential properties	1,270		5		0
Non-owner occupied, nonfarm nonresidential properties	3,771		2,143		0

Home equity lines of credit	824		824		0
Residential Mortgages secured by first liens	3,410		3,410		137
Residential Mortgages secured by junior liens	147		147		0
Other revolving credit plans	13		13		0
Automobile	36		36		0
Other consumer	558		558		0
Credit cards	0		0		23

Total loans	$	19,420	$	10,593	$	168

All payments received while on nonaccrual status are applied against the principal balance of the loan. The Corporation does not recognize interest income while loans are on nonaccrual status.

The following table presents the amortized cost basis of individually evaluated collateral-dependent loans by class of loans as of March 31, 2022:


	Real Estate Collateral		Non-Real Estate Collateral
Farmland	$	920	$	0
Owner-occupied, nonfarm nonresidential properties	185		9

Commercial and Industrial	1,438		2,279



Multifamily (5 or more) residential properties	1,143		0
Non-owner occupied, nonfarm nonresidential properties	3,293		0


Residential Mortgages secured by first liens	894		0






Total loans	$	7,873	$	2,288

The following table presents the amortized cost basis of individually evaluated collateral-dependent loans by class of loans as of December 31, 2021:


	Real Estate Collateral		Non-Real Estate Collateral
Farmland	$	920	$	0
Owner-occupied, nonfarm nonresidential properties	194		9

Commercial and Industrial	1,488		2,351


Other construction loans and all land development and other land loans	438		0
Multifamily (5 or more) residential properties	1,265		0
Non-owner occupied, nonfarm nonresidential properties	3,378		0


Residential Mortgages secured by first liens	435		0






Total loans	$	8,118	$	2,360

The following table presents the aging of the amortized cost basis in past-due loans as of March 31, 2022 by class of loans:


	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater Than 89 Days Past Due		Total Past Due		Loans Not Past Due		Total
Farmland	$	0	$	998	$	0	$	998	$	30,301	$	31,299
Owner-occupied, nonfarm nonresidential properties	688		0		354		1,042		447,138		448,180
Agricultural production and other loans to farmers	0		0		0		0		1,376		1,376
Commercial and Industrial	251		368		285		904		716,348		717,252
Obligations (other than securities and leases) of states and political subdivisions	0		0		0		0		142,415		142,415
Other loans	0		0		0		0		13,441		13,441
Other construction loans and all land development and other land loans	0		0		77		77		319,077		319,154
Multifamily (5 or more) residential properties	0		0		90		90		228,444		228,534
Non-owner occupied, nonfarm nonresidential properties	215		0		1,680		1,895		696,679		698,574
1-4 Family Construction	0		0		0		0		41,023		41,023
Home equity lines of credit	216		11		49		276		108,948		109,224
Residential Mortgages secured by first liens	1,611		373		1,323		3,307		837,694		841,001
Residential Mortgages secured by junior liens	57		0		8		65		57,844		57,909
Other revolving credit plans	131		21		9		161		25,696		25,857
Automobile	83		6		12		101		20,315		20,416
Other consumer	380		285		259		924		48,593		49,517
Credit cards	219		19		11		249		10,688		10,937
Overdrafts	0		0		0		0		254		254
Total loans	$	3,851	$	2,081	$	4,157	$	10,089	$	3,746,274	$	3,756,363

The following table presents the aging of the amortized cost basis in past-due loans as of December 31, 2021 by class of loans:


	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater Than 89 Days Past Due		Total Past Due		Loans Not Past Due		Total
Farmland	$	348	$	0	$	0	$	348	$	23,420	$	23,768
Owner-occupied, nonfarm nonresidential properties	278		18		414		710		433,962		434,672
Agricultural production and other loans to farmers	0		0		0		0		1,379		1,379
Commercial and Industrial	377		13		333		723		708,266		708,989
Obligations (other than securities and leases) of states and political subdivisions	0		0		0		0		140,887		140,887
Other loans	0		0		0		0		13,979		13,979
Other construction loans and all land development and other land loans	0		0		77		77		298,792		298,869
Multifamily (5 or more) residential properties	0		10		209		219		215,924		216,143
Non-owner occupied, nonfarm nonresidential properties	0		0		1,792		1,792		661,270		663,062
1-4 Family Construction	0		0		0		0		37,822		37,822
Home equity lines of credit	506		50		172		728		103,789		104,517
Residential Mortgages secured by first liens	1,286		1,145		1,647		4,078		822,651		826,729
Residential Mortgages secured by junior liens	32		24		1		57		56,632		56,689
Other revolving credit plans	56		17		4		77		26,459		26,536
Automobile	45		3		23		71		20,791		20,862
Other consumer	283		158		295		736		48,940		49,676
Credit cards	26		12		23		61		9,874		9,935
Overdrafts	0		0		0		0		278		278
Total loans	$	3,237	$	1,450	$	4,990	$	9,677	$	3,625,115	$	3,634,792

Troubled Debt Restructurings

In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without a loan modification. This evaluation is performed using the Corporation’s internal underwriting policies. The Corporation has no further loan commitments to customers whose loans are classified as a troubled debt restructuring.

As of March 31, 2022 and December 31, 2021, the terms of certain loans were modified as troubled debt restructurings. The modification of the terms of such loans included either or both of the following: a reduction of the stated interest rate of the loan; or an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk. The Corporation had an amortized cost in troubled debt restructurings of $18.1 million and $16.6 million as of March 31, 2022 and December 31, 2021, respectively. The Corporation has allocated $2.6 million and $2.6 million of allowance for those loans as of March 31, 2022 and December 31, 2021, respectively.

There was one loan modified as troubled debt restructuring during the three months ended March 31, 2022:


	Three Months Ended March 31, 2022
	Number of Loans	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Type of Modification








Non-owner occupied, nonfarm nonresidential properties	1	$	1,784	$	1,784	Modify Rate and Extend Amortization









Total loans	1	$	1,784	$	1,784

There were two loans modified as troubled debt restructurings during the three months ended March 31, 2021.


	Three Months Ended March 31, 2021
	Number of Loans	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Type of Modification







Multifamily (5 or more) residential properties	1	$	717	$	717	Modify Payment
Non-owner occupied, nonfarm nonresidential properties	1	1,604		1,604		Modify Payment









Total loans	2	$	2,321	$	2,321

The troubled debt restructurings described above increased the allowance for credit losses by an immaterial amount for the three months ended March 31, 2022 and 2021, respectively.

A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. There were no loans modified as troubled debt restructurings for which there was a payment default within a twelve-month cycle following the modification during the three months ended March 31, 2022 and 2021, respectively. There were no principal balances forgiven in connection with the loan restructurings.

Generally, nonperforming troubled debt restructurings are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time (generally six months) and the ultimate collectability of the total contractual principal and interest is no longer in doubt.

Credit Quality Indicators

The Corporation categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Corporation analyzes loans individually to classify the loans as to credit risk.

The Corporation uses the following definitions for risk ratings:

Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the Corporation’s credit position at some future date.

Substandard: Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected.

Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.

The following tables represent the Corporation's credit risk profile by risk rating. Loans not rated as special mention, substandard, or doubtful are considered to be pass rated loans.


	March 31, 2022
			Non-Pass Rated
	Pass		Special Mention		Substandard		Doubtful		Total Non-Pass		Total
Farmland	$	28,832	$	1,503	$	964	$	0	$	2,467	$	31,299
Owner-occupied, nonfarm nonresidential properties	433,189		6,711		8,280		0		14,991		448,180
Agricultural production and other loans to farmers	1,376		0		0		0		0		1,376
Commercial and Industrial	696,196		6,626		13,060		1,370		21,056		717,252
Obligations (other than securities and leases) of states and political subdivisions	142,415		0		0		0		0		142,415
Other loans	13,441		0		0		0		0		13,441
Other construction loans and all land development and other land loans	316,925		2,152		77		0		2,229		319,154
Multifamily (5 or more) residential properties	227,291		100		1,143		0		1,243		228,534
Non-owner occupied, nonfarm nonresidential properties	668,003		7,327		23,244		0		30,571		698,574









Total loans	$	2,527,668	$	24,419	$	46,768	$	1,370	$	72,557	$	2,600,225


	December 31, 2021
			Non-Pass Rated
	Pass		Special Mention		Substandard		Doubtful		Total Non-Pass		Total
Farmland	$	21,286	$	1,514	$	968	$	0	$	2,482	$	23,768
Owner-occupied, nonfarm nonresidential properties	419,368		6,723		8,581		0		15,304		434,672
Agricultural production and other loans to farmers	1,379		0		0		0		0		1,379
Commercial and Industrial	687,010		7,946		12,654		1,379		21,979		708,989
Obligations (other than securities and leases) of states and political subdivisions	140,887		0		0		0		0		140,887
Other loans	13,979		0		0		0		0		13,979
Other construction loans and all land development and other land loans	294,103		4,221		545		0		4,766		298,869
Multifamily (5 or more) residential properties	214,772		100		1,271		0		1,371		216,143
Non-owner occupied, nonfarm nonresidential properties	631,534		9,628		21,900		0		31,528		663,062









Total loans	$	2,424,318	$	30,132	$	45,919	$	1,379	$	77,430	$	2,501,748

The following tables detail the amortized cost of loans, by year of origination (for term loans) and by risk grade within each portfolio segment as of March 31, 2022. The current period originations may include modifications, extensions and renewals.


	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Farmland
Risk rating
Pass	$	8,397	$	7,843	$	1,637	$	3,174	$	3,509	$	3,962	$	310	$	0	$	28,832
Special mention	0		0		0		0		0		1,503		0		0		1,503
Substandard	0		388		0		0		0		576		0		0		964
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	8,397	$	8,231	$	1,637	$	3,174	$	3,509	$	6,041	$	310	$	0	$	31,299
Owner-occupied, nonfarm nonresidential properties
Risk rating
Pass	$	44,624	$	117,597	$	77,014	$	76,674	$	27,642	$	75,893	$	13,745	$	0	$	433,189
Special mention	0		240		0		896		4,239		1,326		10		0		6,711
Substandard	505		161		401		2,117		832		4,264		0		0		8,280
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	45,129	$	117,998	$	77,415	$	79,687	$	32,713	$	81,483	$	13,755	$	0	$	448,180
Agricultural production and other loans to farmers
Risk rating
Pass	$	129	$	169	$	99	$	73	$	195	$	0	$	711	$	0	$	1,376
Special mention	0		0		0		0		0		0		0		0		0
Substandard	0		0		0		0		0		0		0		0		0
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	129	$	169	$	99	$	73	$	195	$	0	$	711	$	0	$	1,376
Commercial and Industrial
Risk rating
Pass	$	68,951	$	271,679	$	80,410	$	23,658	$	13,591	$	18,850	$	219,057	$	0	$	696,196
Special mention	0		0		169		570		358		220		5,309		0		6,626
Substandard	0		2,614		1,048		1,882		436		1,320		5,760		0		13,060
Doubtful(1)	0		1,370		0		0		0		0		0		0		1,370
Total	$	68,951	$	275,663	$	81,627	$	26,110	$	14,385	$	20,390	$	230,126	$	0	$	717,252
Obligations (other than securities and leases) of states and political subdivisions
Risk rating
Pass	$	8,080	$	37,278	$	16,379	$	4,932	$	14,765	$	56,325	$	4,656	$	0	$	142,415
Special mention	0		0		0		0		0		0		0		0		0
Substandard	0		0		0		0		0		0		0		0		0
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	8,080	$	37,278	$	16,379	$	4,932	$	14,765	$	56,325	$	4,656	$	0	$	142,415
Other loans
Risk rating
Pass	$	0	$	5,530	$	4,775	$	460	$	2	$	0	$	2,674	$	0	$	13,441
Special mention	0		0		0		0		0		0		0		0		0
Substandard	0		0		0		0		0		0		0		0		0
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	0	$	5,530	$	4,775	$	460	$	2	$	0	$	2,674	$	0	$	13,441

(1) Consists of one loan relationship that was originated in 2015 and modified in 2021. The modification met the requirements to disclose the loan relationship as a new loan during the current period.


	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Other construction loans and all land development and other land loans
Risk rating
Pass	$	60,426	$	88,849	$	141,261	$	7,623	$	9,188	$	2,930	$	6,648	$	0	$	316,925
Special mention	0		1,508		0		644		0		0		0		0		2,152
Substandard	0		0		0		0		0		0		77		0		77
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	60,426	$	90,357	$	141,261	$	8,267	$	9,188	$	2,930	$	6,725	$	0	$	319,154
Multifamily (5 or more) residential properties
Risk rating
Pass	$	19,212	$	73,560	$	54,943	$	30,179	$	7,365	$	39,516	$	2,516	$	0	$	227,291
Special mention	0		0		0		0		0		0		100		0		100
Substandard	0		0		0		675		378		90		0		0		1,143
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	19,212	$	73,560	$	54,943	$	30,854	$	7,743	$	39,606	$	2,616	$	0	$	228,534
Non-owner occupied, nonfarm nonresidential properties
Risk rating
Pass	$	149,254	$	175,170	$	61,746	$	83,158	$	50,639	$	139,464	$	8,572	$	0	$	668,003
Special mention	0		0		0		423		992		5,462		450		0		7,327
Substandard	0		818		0		2,291		1,656		16,364		2,115		0		23,244
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	149,254	$	175,988	$	61,746	$	85,872	$	53,287	$	161,290	$	11,137	$	0	$	698,574

The following tables detail the amortized cost of loans, by year of origination (for term loans) and by risk grade within each portfolio segment as of December 31, 2021. The current period originations may include modifications, extensions and renewals.


	Term Loans Amortized Cost Basis by Origination Year
	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Farmland
Risk rating
Pass	$	8,203	$	1,690	$	3,276	$	3,547	$	564	$	3,545	$	461	$	0	$	21,286
Special mention	0		0		0		0		394		1,120		0		0		1,514
Substandard	388		0		0		0		48		532		0		0		968
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	8,591	$	1,690	$	3,276	$	3,547	$	1,006	$	5,197	$	461	$	0	$	23,768
Owner-occupied, nonfarm nonresidential properties
Risk rating
Pass	$	135,095	$	78,068	$	78,621	$	29,100	$	40,677	$	50,079	$	7,728	$	0	$	419,368
Special mention	243		0		903		4,287		135		1,145		10		0		6,723
Substandard	687		416		2,190		868		250		4,152		18		0		8,581
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	136,025	$	78,484	$	81,714	$	34,255	$	41,062	$	55,376	$	7,756	$	0	$	434,672
Agricultural production and other loans to farmers
Risk rating
Pass	$	211	$	103	$	76	$	198	$	0	$	0	$	791	$	0	$	1,379
Special mention	0		0		0		0		0		0		0		0		0
Substandard	0		0		0		0		0		0		0		0		0
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	211	$	103	$	76	$	198	$	0	$	0	$	791	$	0	$	1,379
Commercial and Industrial
Risk rating
Pass	$	313,983	$	84,815	$	31,375	$	16,577	$	12,389	$	6,777	$	221,094	$	0	$	687,010
Special mention	0		363		793		381		82		844		5,483		0		7,946
Substandard	1,991		800		1,862		452		29		2,016		5,504		0		12,654
Doubtful(1)	1,379		0		0		0		0		0		0		0		1,379
Total	$	317,353	$	85,978	$	34,030	$	17,410	$	12,500	$	9,637	$	232,081	$	0	$	708,989
Obligations (other than securities and leases) of states and political subdivisions
Risk rating
Pass	$	36,853	$	16,688	$	8,774	$	16,957	$	20,071	$	36,764	$	4,780	$	0	$	140,887
Special mention	0		0		0		0		0		0		0		0		0
Substandard	0		0		0		0		0		0		0		0		0
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	36,853	$	16,688	$	8,774	$	16,957	$	20,071	$	36,764	$	4,780	$	0	$	140,887
Other loans
Risk rating
Pass	$	5,851	$	5,305	$	552	$	3	$	0	$	0	$	2,268	$	0	$	13,979
Special mention	0		0		0		0		0		0		0		0		0
Substandard	0		0		0		0		0		0		0		0		0
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	5,851	$	5,305	$	552	$	3	$	0	$	0	$	2,268	$	0	$	13,979


	Term Loans Amortized Cost Basis by Origination Year
	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Other construction loans and all land development and other land loans
Risk rating
Pass	$	98,406	$	168,372	$	8,752	$	11,141	$	853	$	898	$	5,681	$	0	$	294,103
Special mention	1,500		0		650		0		2,071		0		0		0		4,221
Substandard	0		0		0		29		439		0		77		0		545
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	99,906	$	168,372	$	9,402	$	11,170	$	3,363	$	898	$	5,758	$	0	$	298,869
Multifamily (5 or more) residential properties
Risk rating
Pass	$	74,687	$	55,663	$	33,436	$	7,937	$	27,729	$	12,882	$	2,438	$	0	$	214,772
Special mention	0		0		0		0		0		100		0		0		100
Substandard	0		6		682		379		204		0		0		0		1,271
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	74,687	$	55,669	$	34,118	$	8,316	$	27,933	$	12,982	$	2,438	$	0	$	216,143
Non-owner occupied, nonfarm nonresidential properties
Risk rating
Pass	$	194,800	$	125,039	$	84,943	$	52,233	$	42,714	$	123,021	$	8,784	$	0	$	631,534
Special mention	0		0		428		1,004		189		5,556		2,451		0		9,628
Substandard	826		0		2,305		1,662		4,638		12,134		335		0		21,900
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	195,626	$	125,039	$	87,676	$	54,899	$	47,541	$	140,711	$	11,570	$	0	$	663,062

The Corporation considers the performance of the loan portfolio and its impact on the allowance for credit losses. For 1-4 family construction, home equity lines of credit, residential mortgages secured by first liens, residential mortgages secured by junior liens, automobile, credit cards, other revolving credit plans and other consumer segments, the Corporation evaluates credit quality based on the performance status of the loan, which was previously presented, and by payment activity. Nonperforming loans include loans on nonaccrual status and loans past due over 89 days and still accruing interest.


	March 31, 2022						December 31, 2021
	Performing		Nonperforming		Total		Performing		Nonperforming		Total









1-4 Family Construction	$	41,023	$	0	$	41,023	$	37,822	$	0	$	37,822
Home equity lines of credit	108,578		646		109,224		103,693		824		104,517
Residential Mortgages secured by first liens	836,832		4,169		841,001		823,182		3,547		826,729
Residential Mortgages secured by junior liens	57,770		139		57,909		56,542		147		56,689
Other revolving credit plans	25,826		31		25,857		26,523		13		26,536
Automobile	20,388		28		20,416		20,826		36		20,862
Other consumer	49,040		477		49,517		49,118		558		49,676


Total loans	$	1,139,457	$	5,490	$	1,144,947	$	1,117,706	$	5,125	$	1,122,831

The following tables detail the amortized cost of loans, by year of origination (for term loans) and by payment activity within each portfolio segment as of March 31, 2022. The current period originations may include modifications, extensions and renewals.


	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
1-4 Family Construction
Payment performance
Performing	$	4,080	$	27,925	$	7,745	$	835	$	65	$	0	$	373	$	0	$	41,023
Nonperforming	0		0		0		0		0		0		0		0		0
Total	$	4,080	$	27,925	$	7,745	$	835	$	65	$	0	$	373	$	0	$	41,023
Home equity lines of credit
Payment performance
Performing	$	8,012	$	15,692	$	14,214	$	9,175	$	9,375	$	43,353	$	8,757	$	0	$	108,578
Nonperforming	0		0		0		10		9		627		0		0		646
Total	$	8,012	$	15,692	$	14,214	$	9,185	$	9,384	$	43,980	$	8,757	$	0	$	109,224
Residential mortgages secured by first lien
Payment performance
Performing	$	53,333	$	226,195	$	173,046	$	105,694	$	58,037	$	216,969	$	3,558	$	0	$	836,832
Nonperforming	0		622		287		311		131		2,627		191		0		4,169
Total	$	53,333	$	226,817	$	173,333	$	106,005	$	58,168	$	219,596	$	3,749	$	0	$	841,001
Residential mortgages secured by junior liens
Payment performance
Performing	$	5,156	$	19,712	$	10,647	$	6,391	$	3,897	$	11,560	$	407	$	0	$	57,770
Nonperforming	0		0		0		0		0		139		0		0		139
Total	$	5,156	$	19,712	$	10,647	$	6,391	$	3,897	$	11,699	$	407	$	0	$	57,909
Other revolving credit plans
Payment performance
Performing	$	1,220	$	4,143	$	4,069	$	3,040	$	2,434	$	10,920	$	0	$	0	$	25,826
Nonperforming	0		0		0		0		17		14		0		0		31
Total	$	1,220	$	4,143	$	4,069	$	3,040	$	2,451	$	10,934	$	0	$	0	$	25,857
Automobile
Payment performance
Performing	$	2,176	$	6,374	$	4,810	$	3,942	$	2,080	$	1,006	$	0	$	0	$	20,388
Nonperforming	0		0		12		12		4		0		0		0		28
Total	$	2,176	$	6,374	$	4,822	$	3,954	$	2,084	$	1,006	$	0	$	0	$	20,416
Other consumer
Payment performance
Performing	$	7,211	$	26,170	$	9,153	$	3,733	$	1,219	$	1,554	$	0	$	0	$	49,040
Nonperforming	0		257		113		35		12		60		0		0		477
Total	$	7,211	$	26,427	$	9,266	$	3,768	$	1,231	$	1,614	$	0	$	0	$	49,517

The following tables detail the amortized cost of loans, by year of origination (for term loans) and by payment activity within each portfolio segment as of December 31, 2021. The current period originations may include modifications, extensions and renewals.


	Term Loans Amortized Cost Basis by Origination Year
	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
1-4 Family Construction
Payment performance
Performing	$	27,539	$	9,137	$	857	$	66	$	0	$	0	$	223	$	0	$	37,822
Nonperforming	0		0		0		0		0		0		0		0		0
Total	$	27,539	$	9,137	$	857	$	66	$	0	$	0	$	223	$	0	$	37,822
Home equity lines of credit
Payment performance
Performing	$	14,383	$	14,621	$	9,564	$	10,584	$	6,863	$	39,527	$	8,151	$	0	$	103,693
Nonperforming	0		0		9		10		377		428		0		0		824
Total	$	14,383	$	14,621	$	9,573	$	10,594	$	7,240	$	39,955	$	8,151	$	0	$	104,517
Residential mortgages secured by first lien
Payment performance
Performing	$	232,606	$	178,380	$	111,333	$	62,850	$	74,136	$	160,402	$	3,475	$	0	$	823,182
Nonperforming	79		259		227		151		258		2,379		194		0		3,547
Total	$	232,685	$	178,639	$	111,560	$	63,001	$	74,394	$	162,781	$	3,669	$	0	$	826,729
Residential mortgages secured by junior liens
Payment performance
Performing	$	20,617	$	11,256	$	7,239	$	4,407	$	3,508	$	9,095	$	420	$	0	$	56,542
Nonperforming	0		0		0		0		84		63		0		0		147
Total	$	20,617	$	11,256	$	7,239	$	4,407	$	3,592	$	9,158	$	420	$	0	$	56,689
Other revolving credit plans
Payment performance
Performing	$	5,313	$	3,596	$	3,090	$	2,592	$	2,977	$	8,955	$	0	$	0	$	26,523
Nonperforming	0		0		4		4		0		5		0		0		13
Total	$	5,313	$	3,596	$	3,094	$	2,596	$	2,977	$	8,960	$	0	$	0	$	26,536
Automobile
Payment performance
Performing	$	7,047	$	5,448	$	4,668	$	2,457	$	682	$	524	$	0	$	0	$	20,826
Nonperforming	11		13		12		0		0		0		0		0		36
Total	$	7,058	$	5,461	$	4,680	$	2,457	$	682	$	524	$	0	$	0	$	20,862
Other consumer
Payment performance
Performing	$	30,423	$	11,017	$	4,537	$	1,451	$	316	$	1,374	$	0	$	0	$	49,118
Nonperforming	204		170		96		25		3		60		0		0		558
Total	$	30,627	$	11,187	$	4,633	$	1,476	$	319	$	1,434	$	0	$	0	$	49,676


	March 31, 2022		December 31, 2021

Credit card
Payment performance
Performing	$	10,926	$	9,912
Nonperforming	11		23
Total	$	10,937	$	9,935

Holiday’s loan portfolio, included in other consumer loans above, is summarized as follows at March 31, 2022 and December 31, 2021:


	March 31, 2022		December 31, 2021
Gross other consumer	$	28,424	$	29,227
Less: other consumer unearned discounts	(5,390)		(5,716)
Total automobile and other consumer loans, net of unearned discounts	$	23,034	$	23,511