ALLOWANCE FOR CREDIT LOSSES

3 Months Ended

Mar. 31, 2021

Loans and Leases Receivable Disclosure [Abstract]

Changes in the allowance for credit losses on loans for the three months ended March 31, 2021, and March 31, 2020, were as follows, in thousands:









	Commercial and Industrial		PPP		Owner Occupied Commercial Real Estate		Non-Owner Occupied Commercial Real Estate		Real Estate Construction		Agricultural and Agricultural Real Estate		Residential Real Estate		Consumer		Total
Balance at December 31, 2020	$	38,818	$	—	$	20,001	$	20,873	$	20,080	$	7,129	$	11,935	$	12,770	$	131,606


Charge-offs	(948)		—		(41)		—		—		(318)		(21)		(798)		(2,126)
Recoveries	293		—		53		—		2		21		5		302		676
Provision	(2,068)		—		(597)		3,821		(151)		279		(907)		(361)		16
Balance at March 31, 2021	$	36,095	$	—	$	19,416	$	24,694	$	19,931	$	7,111	$	11,012	$	11,913	$	130,172









	Commercial and Industrial		PPP		Owner Occupied Commercial Real Estate		Non-Owner Occupied Commercial Real Estate		Real Estate Construction		Agricultural and Agricultural Real Estate		Residential Real Estate		Consumer		Total
Balance at December 31, 2019	$	34,207	$	—	$	7,921	$	7,584	$	8,677	$	5,680	$	1,504	$	4,822	$	70,395
Impact of ASU 2016-13 adoption	(272)		—		(114)		(2,617)		6,335		(387)		4,817		4,309		12,071
Adjusted balance at January 1, 2020	33,935		—		7,807		4,967		15,012		5,293		6,321		9,131		82,466
Charge-offs	(5,230)		—				—		(21)		(253)		(79)		(717)		(6,300)
Recoveries	264		—		1		—		5		826		3		220		1,319
Provision	3,486		—		2,529		3,353		7,955		(1,069)		2,480		1,131		19,865
Balance at March 31, 2020	$	32,455	$	—	$	10,337	$	8,320	$	22,951	$	4,797	$	8,725	$	9,765	$	97,350

Changes in the allowance for credit losses on unfunded commitments for the three months ended March 31, 2021 and March 31, 2020, were as follows:






Balance at December 31, 2020	$	15,280


Provision	(661)
Balance at March 31, 2021	$	14,619






Balance at December 31, 2019	$	248
Impact of ASU 2016-13 adoption on January 1, 2020	13,604
Adjusted balance at January 1, 2020	13,852
Provision	1,616
Balance at March 31, 2020	$	15,468

Management allocates the allowance for credit losses by pools of risk within each loan portfolio. The allocation of the allowance for credit losses by loan portfolio is made for analytical purposes and is not necessarily indicative of the trend of future loan losses in any particular category. The total allowance for credit losses is available to absorb losses from any segment of the loan portfolio.