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Loans and ALLL (Tables)
 12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Summary of changes in the ALLL and the recorded investment in loans by segments
A summary of changes in the ALLL and the recorded investment in loans by segments follows:

Allowance for Loan Losses
 
Year Ended December 31, 2019
 
Commercial
 
Agricultural
 
Residential Real Estate
 
Consumer
 
Unallocated
 
Total
January 1, 2019
$
2,563

 
$
775

 
$
1,992

 
$
857

 
$
2,188

 
$
8,375

Charge-offs
(143
)
 
(240
)
 
(99
)
 
(466
)
 
—

 
(948
)
Recoveries
123

 
3

 
189

 
167

 
—

 
482

Provision for loan losses
(629
)
 
96

 
(35
)
 
364

 
234

 
30

December 31, 2019
$
1,914

 
$
634

 
$
2,047

 
$
922

 
$
2,422

 
$
7,939

 
Allowance for Loan Losses
 
Year Ended December 31, 2018

Commercial
 
Agricultural
 
Residential Real Estate
 
Consumer
 
Unallocated
 
Total
January 1, 2018
$
1,706

 
$
611

 
$
2,563

 
$
900

 
$
1,920

 
$
7,700

Charge-offs
(575
)
 
(51
)
 
(151
)
 
(324
)
 
—

 
(1,101
)
Recoveries
325

 
3

 
261

 
209

 
—

 
798

Provision for loan losses
1,107

 
212

 
(681
)
 
72

 
268

 
978

December 31, 2018
$
2,563

 
$
775

 
$
1,992

 
$
857

 
$
2,188

 
$
8,375
Allowance for Loan Losses and Recorded Investment in Loans

Allowance for Loan Losses and Recorded Investment in Loans
 
As of December 31, 2019
 
Commercial
 
Agricultural
 
Residential Real Estate
 
Consumer
 
Unallocated
 
Total
ALLL
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
15

 
$
26

 
$
1,073

 
$
—

 
$
—

 
$
1,114

Collectively evaluated for impairment
1,899

 
608

 
974

 
922

 
2,422

 
6,825

Total
$
1,914

 
$
634

 
$
2,047

 
$
922

 
$
2,422

 
$
7,939

Loans
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
7,865

 
$
14,840

 
$
5,486

 
$
—

 
 
 
$
28,191

Collectively evaluated for impairment
693,076

 
102,080

 
293,083

 
70,140

 
 
 
1,158,379

Total
$
700,941

 
$
116,920

 
$
298,569

 
$
70,140

 
 
 
$
1,186,570


Allowance for Loan Losses and Recorded Investment in Loans
 
As of December 31, 2018
 
Commercial
 
Agricultural
 
Residential Real Estate
 
Consumer
 
Unallocated
 
Total
ALLL
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
443

 
$
132

 
$
1,363

 
$
—

 
$
—

 
$
1,938

Collectively evaluated for impairment
2,120

 
643

 
629

 
857

 
2,188

 
6,437

Total
$
2,563

 
$
775

 
$
1,992

 
$
857

 
$
2,188

 
$
8,375

Loans
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
9,899

 
$
14,298

 
$
6,893

 
$
9

 
 
 
$
31,099

Collectively evaluated for impairment
649,630

 
112,863

 
268,450

 
66,665

 
 
 
1,097,608

Total
$
659,529

 
$
127,161

 
$
275,343

 
$
66,674

 
 
 
$
1,128,707
Credit quality indicators for commercial and agricultural credit exposures
The following tables display the credit quality indicators for commercial and agricultural credit exposures based on internally assigned credit risk ratings as of December 31:
 
2019
 
Commercial
 
Agricultural
 
 

Real Estate
 
Other
 
Advances to Mortgage Brokers
 
Total
 
Real Estate
 
Other
 
Total
 
Total
Rating
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1 - Excellent
$
—

 
$
390

 
$
—

 
$
390

 
$
—

 
$
—

 
$
—

 
$
390

2 - High quality
2,582

 
8,844

 
—

 
11,426

 
1,452

 
99

 
1,551

 
12,977

3 - High satisfactory
109,737

 
42,858

 
35,523

 
188,118

 
16,765

 
6,769

 
23,534

 
211,652

4 - Low satisfactory
377,198

 
94,847

 
—

 
472,045

 
42,798

 
20,861

 
63,659

 
535,704

5 - Special mention
15,372

 
3,470

 
—

 
18,842

 
7,165

 
3,754

 
10,919

 
29,761

6 - Substandard
4,874

 
3,625

 
—

 
8,499

 
9,136

 
3,836

 
12,972

 
21,471

7 - Vulnerable
390

 
1,231

 
—

 
1,621

 
2,711

 
1,574

 
4,285

 
5,906

8 - Doubtful
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

9 - Loss
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
510,153

 
$
155,265

 
$
35,523

 
$
700,941

 
$
80,027

 
$
36,893

 
$
116,920

 
$
817,861

 
2018
 
 
 
Commercial
 
Agricultural
 
 

Real Estate
 
Other
 
Advances to Mortgage Brokers
 
Total
 
Real Estate
 
Other
 
Total
 
Total
Rating
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1 - Excellent
$
21

 
$
31

 
$
—

 
$
52

 
$
51

 
$
28

 
$
79

 
$
131

2 - High quality
4,564

 
13,473

 
—

 
18,037

 
2,729

 
613

 
3,342

 
21,379

3 - High satisfactory
127,573

 
43,199

 
11,793

 
182,565

 
18,325

 
7,039

 
25,364

 
207,929

4 - Low satisfactory
344,920

 
84,634

 
—

 
429,554

 
46,636

 
19,344

 
65,980

 
495,534

5 - Special mention
12,847

 
5,287

 
—

 
18,134

 
10,520

 
5,624

 
16,144

 
34,278

6 - Substandard
7,428

 
2,002

 
—

 
9,430

 
6,343

 
4,960

 
11,303

 
20,733

7 - Vulnerable
334

 
1,423

 
—

 
1,757

 
2,716

 
2,233

 
4,949

 
6,706

8 - Doubtful
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

9 - Loss
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
497,687

 
$
150,049

 
$
11,793

 
$
659,529

 
$
87,320

 
$
39,841

 
$
127,161

 
$
786,690
Summary of past due and current loans
Our primary credit quality indicator for residential real estate and consumer loans is the individual loan’s past due aging. The following tables summarize the past due and current loans for the entire loan portfolio as of December 31:
 
2019
 
Accruing Interest
and Past Due:
 
 
 
Total Past Due and Nonaccrual
 
 
 
 

30-59
Days
 
60-89
Days
 
90 Days
or More
 
Nonaccrual
 
 
Current
 
Total
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
$
139

 
$
30

 
$
—

 
$
390

 
$
559

 
$
509,594

 
$
510,153

Commercial other
531

 
156

 
—

 
1,231

 
1,918

 
153,347

 
155,265

Advances to mortgage brokers
—

 
—

 
—

 
—

 
—

 
35,523

 
35,523

Total commercial
670

 
186

 
—

 
1,621

 
2,477

 
698,464

 
700,941

Agricultural
 
 
 
 
 
 
 
 
 
 
 
 
 
Agricultural real estate
—

 
—

 
—

 
2,711

 
2,711

 
77,316

 
80,027

Agricultural other
—

 
—

 
—

 
1,574

 
1,574

 
35,319

 
36,893

Total agricultural
—

 
—

 
—

 
4,285

 
4,285

 
112,635

 
116,920

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
Senior liens
3,463

 
258

 
—

 
557

 
4,278

 
253,894

 
258,172

Junior liens
65

 
—

 
—

 
—

 
65

 
5,766

 
5,831

Home equity lines of credit
157

 
—

 
—

 
72

 
229

 
34,337

 
34,566

Total residential real estate
3,685

 
258

 
—

 
629

 
4,572

 
293,997

 
298,569

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
68

 
—

 
—

 
—

 
68

 
66,547

 
66,615

Unsecured
3

 
—

 
—

 
—

 
3

 
3,522

 
3,525

Total consumer
71

 
—

 
—

 
—

 
71

 
70,069

 
70,140

Total
$
4,426

 
$
444

 
$
—

 
$
6,535

 
$
11,405

 
$
1,175,165

 
$
1,186,570

 
2018
 
Accruing Interest
and Past Due:
 
 
 
Total Past Due and Nonaccrual
 
 
 
 

30-59
Days
 
60-89
Days
 
90 Days
or More
 
Nonaccrual
 
 
Current
 
Total
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
$
60

 
$
—

 
$
—

 
$
334

 
$
394

 
$
497,293

 
$
497,687

Commercial other
277

 
628

 
—

 
1,423

 
2,328

 
147,721

 
150,049

Advances to mortgage brokers
—

 
—

 
—

 
—

 
—

 
11,793

 
11,793

Total commercial
337

 
628

 
—

 
1,757

 
2,722

 
656,807

 
659,529

Agricultural
 
 
 
 
 
 
 
 
 
 
 
 
 
Agricultural real estate
428

 
—

 
—

 
2,716

 
3,144

 
84,176

 
87,320

Agricultural other
—

 
—

 
—

 
2,233

 
2,233

 
37,608

 
39,841

Total agricultural
428

 
—

 
—

 
4,949

 
5,377

 
121,784

 
127,161

Residential real estate
 
 
 
 
 
 
 
 
 
 
 
 
 
Senior liens
2,254

 
203

 
113

 
554

 
3,124

 
233,438

 
236,562

Junior liens
2

 
6

 
—

 
—

 
8

 
6,001

 
6,009

Home equity lines of credit
76

 
—

 
—

 
—

 
76

 
32,696

 
32,772

Total residential real estate
2,332

 
209

 
113

 
554

 
3,208

 
272,135

 
275,343

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured
95

 
—

 
—

 
—

 
95

 
62,721

 
62,816

Unsecured
10

 
—

 
—

 
—

 
10

 
3,848

 
3,858

Total consumer
105

 
—

 
—

 
—

 
105

 
66,569

 
66,674

Total
$
3,202

 
$
837

 
$
113

 
$
7,260

 
$
11,412

 
$
1,117,295

 
$
1,128,707
Information pertaining to impaired loans
The following summarizes information pertaining to impaired loans as of, and for the years ended, December 31:

2019

Recorded Balance
 
Unpaid Principal Balance
 
Valuation Allowance
 
Average Recorded Balance
 
Interest Income Recognized
Impaired loans with a valuation allowance
 
 
 
 
 
 
 
 
 
Commercial real estate
$
517

 
$
635

 
$
15

 
$
2,044

 
$
61

Commercial other
—

 
—

 
—

 
10

 
—

Agricultural real estate
1,509

 
1,509

 
12

 
1,091

 
100

Agricultural other
1,355

 
1,355

 
14

 
832

 
55

Residential real estate senior liens
5,401

 
5,830

 
1,073

 
6,210

 
114

Residential real estate junior liens
—

 
—

 
—

 
11

 
—

Total impaired loans with a valuation allowance
8,782

 
9,329

 
1,114

 
10,198

 
330

Impaired loans without a valuation allowance
 
 
 
 
 
 
 
 
 
Commercial real estate
4,961

 
5,224

 
 
 
4,247

 
91

Commercial other
2,387

 
2,387

 
 
 
2,697

 
46

Agricultural real estate
8,372

 
8,422

 
 
 
7,404

 
171

Agricultural other
3,604

 
3,604

 
 
 
4,623

 
258

Home equity lines of credit
85

 
385

 
 
 
58

 
6

Consumer secured
—

 
—

 
 
 
5

 
—

Total impaired loans without a valuation allowance
19,409

 
20,022

 


 
19,034

 
572

Impaired loans
 
 
 
 
 
 
 
 
 
Commercial
7,865

 
8,246

 
15

 
8,998

 
198

Agricultural
14,840

 
14,890

 
26

 
13,950

 
584

Residential real estate
5,486

 
6,215

 
1,073

 
6,279

 
120

Consumer
—

 
—

 
—

 
5

 
—

Total impaired loans
$
28,191

 
$
29,351

 
$
1,114

 
$
29,232

 
$
902

 
2018

Recorded Balance
 
Unpaid Principal Balance
 
Valuation Allowance
 
Average Recorded Balance
 
Interest Income Recognized
Impaired loans with a valuation allowance
 
 
 
 
 
 
 
 
 
Commercial real estate
$
3,969

 
$
4,211

 
$
437

 
$
4,589

 
$
129

Commercial other
12

 
12

 
6

 
1,040

 
55

Agricultural real estate
392

 
392

 
112

 
606

 
50

Agricultural other
44

 
44

 
20

 
168

 
46

Residential real estate senior liens
6,834

 
7,289

 
1,361

 
7,545

 
126

Residential real estate junior liens
12

 
12

 
2

 
25

 
—

Total impaired loans with a valuation allowance
11,263

 
11,960

 
1,938

 
13,973

 
406

Impaired loans without a valuation allowance
 
 
 
 
 
 
 
 
 
Commercial real estate
2,794

 
2,947

 
 
 
2,728

 
74

Commercial other
3,124

 
3,231

 
 
 
1,533

 
43

Agricultural real estate
7,618

 
7,618

 
 
 
7,559

 
585

Agricultural other
6,244

 
6,287

 
 
 
4,636

 
279

Home equity lines of credit
47

 
347

 
 
 
64

 
5

Consumer secured
9

 
9

 
 
 
12

 
—

Total impaired loans without a valuation allowance
19,836

 
20,439

 
 
 
16,532

 
986

Impaired loans
 
 
 
 
 
 
 
 
 
Commercial
9,899

 
10,401

 
443

 
9,890

 
301

Agricultural
14,298

 
14,341

 
132

 
12,969

 
960

Residential real estate
6,893

 
7,648

 
1,363

 
7,634

 
131

Consumer
9

 
9

 
—

 
12

 
—

Total impaired loans
$
31,099

 
$
32,399

 
$
1,938

 
$
30,505

 
$
1,392
Information pertaining to TDR's
The following is a summary of TDR loan balances as of December 31:
 
2019
 
2018
TDRs
$
24,737

 
$
26,951

The following is a summary of information pertaining to TDRs granted in the years ended December 31:
 
2019
 
2018

Number of Loans
 
Pre-Modification Recorded Investment
 
Post-Modification Recorded Investment
 
Number of Loans
 
Pre-Modification Recorded Investment
 
Post-Modification Recorded Investment
Commercial other
3

 
$
1,188

 
$
1,188

 
4

 
$
1,360

 
$
1,360

Agricultural other
7

 
3,286

 
3,286

 
31

 
6,318

 
6,295

Residential real estate
1

 
17

 
17

 
10

 
701

 
701

Total
11

 
$
4,491

 
$
4,491

 
45

 
$
8,379

 
$
8,356

The following table summarizes the nature of the concessions we granted to borrowers in financial difficulty in the years ended December 31:
 
2019
 
2018

Below Market Interest Rate
 
Below Market Interest Rate and Extension of Amortization Period
 
Below Market Interest Rate
 
Below Market Interest Rate and Extension of Amortization Period
 
Number of Loans
 
Pre-Modification Recorded Investment
 
Number of Loans
 
Pre-Modification Recorded Investment
 
Number of Loans
 
Pre-Modification Recorded Investment
 
Number of Loans
 
Pre-Modification Recorded Investment
Commercial other
—

 
$
—

 
3

 
$
1,188

 
1

 
$
174

 
3

 
$
1,186

Agricultural other
2

 
1,189

 
5

 
2,097

 
18

 
2,625

 
13

 
3,693

Residential real estate
—

 
—

 
1

 
17

 
3

 
203

 
7

 
498

Total
2

 
$
1,189

 
9

 
$
3,302

 
22

 
$
3,002

 
23

 
$
5,377