XML 41 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Allowance for Loan Losses (Tables)
6 Months Ended
Jun. 30, 2018
Text Block [Abstract]  
Changes in the Allowance for Loan Losses

The following tables present, by portfolio segment, the changes in the allowance for loan losses for the three and six months ended June 30, 2018 and 2017.

Allowance for loan losses:

 

For the six months ended June 30, 2018

 

Beginning balance

 

 

Charge-offs

 

 

Recoveries

 

 

Provision

 

 

Ending Balance

 

Commercial & Agriculture

 

$

1,562

 

 

$

(248

)

 

$

104

 

 

$

212

 

 

$

1,630

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

2,043

 

 

 

(193

)

 

 

130

 

 

 

181

 

 

 

2,161

 

Non-Owner Occupied

 

 

5,307

 

 

 

(45

)

 

 

21

 

 

 

(148

)

 

 

5,135

 

Residential Real Estate

 

 

1,910

 

 

 

(62

)

 

 

93

 

 

 

(250

)

 

 

1,691

 

Real Estate Construction

 

 

834

 

 

 

 

 

 

 

 

 

27

 

 

 

861

 

Farm Real Estate

 

 

430

 

 

 

 

 

 

3

 

 

 

(23

)

 

 

410

 

Consumer and Other

 

 

290

 

 

 

(103

)

 

 

33

 

 

 

80

 

 

 

300

 

Unallocated

 

 

758

 

 

 

 

 

 

 

 

 

(79

)

 

 

679

 

Total

 

$

13,134

 

 

$

(651

)

 

$

384

 

 

$

 

 

$

12,867

 

Allowance for loan losses:

 

For the six months ended June 30, 2017

 

Beginning balance

 

 

Charge-offs

 

 

Recoveries

 

 

Provision

 

 

Ending Balance

 

Commercial & Agriculture

 

$

2,018

 

 

$

(1

)

 

$

83

 

 

$

(492

)

 

$

1,608

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

2,171

 

 

 

(210

)

 

 

18

 

 

 

31

 

 

 

2,010

 

Non-Owner Occupied

 

 

4,606

 

 

 

 

 

 

9

 

 

 

124

 

 

 

4,739

 

Residential Real Estate

 

 

3,089

 

 

 

(196

)

 

 

87

 

 

 

(304

)

 

 

2,676

 

Real Estate Construction

 

 

420

 

 

 

 

 

 

19

 

 

 

43

 

 

 

482

 

Farm Real Estate

 

 

442

 

 

 

 

 

 

 

 

 

(17

)

 

 

425

 

Consumer and Other

 

 

314

 

 

 

(81

)

 

 

14

 

 

 

77

 

 

 

324

 

Unallocated

 

 

245

 

 

 

 

 

 

 

 

 

538

 

 

 

783

 

Total

 

$

13,305

 

 

$

(488

)

 

$

230

 

 

$

 

 

$

13,047

 

Allowance for loan losses:

 

For the three months ended June 30, 2018

 

Beginning balance

 

 

Charge-offs

 

 

Recoveries

 

 

Provision

 

 

Ending Balance

 

Commercial & Agriculture

 

$

1,359

 

 

$

(123

)

 

$

85

 

 

$

309

 

 

$

1,630

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

2,030

 

 

 

 

 

 

121

 

 

 

10

 

 

 

2,161

 

Non-Owner Occupied

 

 

5,670

 

 

 

(1

)

 

 

7

 

 

 

(541

)

 

 

5,135

 

Residential Real Estate

 

 

1,750

 

 

 

(40

)

 

 

35

 

 

 

(54

)

 

 

1,691

 

Real Estate Construction

 

 

820

 

 

 

 

 

 

 

 

 

41

 

 

 

861

 

Farm Real Estate

 

 

411

 

 

 

 

 

 

2

 

 

 

(3

)

 

 

410

 

Consumer and Other

 

 

247

 

 

 

(62

)

 

 

29

 

 

 

86

 

 

 

300

 

Unallocated

 

 

527

 

 

 

 

 

 

 

 

 

152

 

 

 

679

 

Total

 

$

12,814

 

 

$

(226

)

 

$

279

 

 

$

 

 

$

12,867

 

Allowance for loan losses:

 

For the three months ended June 30, 2017

 

Beginning balance

 

 

Charge-offs

 

 

Recoveries

 

 

Provision

 

 

Ending Balance

 

Commercial & Agriculture

 

$

1,569

 

 

$

 

 

$

27

 

 

$

12

 

 

$

1,608

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

2,259

 

 

 

(210

)

 

 

16

 

 

 

(55

)

 

 

2,010

 

Non-Owner Occupied

 

 

4,543

 

 

 

 

 

 

4

 

 

 

192

 

 

 

4,739

 

Residential Real Estate

 

 

3,022

 

 

 

(107

)

 

 

32

 

 

 

(271

)

 

 

2,676

 

Real Estate Construction

 

 

413

 

 

 

 

 

 

14

 

 

 

55

 

 

 

482

 

Farm Real Estate

 

 

407

 

 

 

 

 

 

 

 

 

18

 

 

 

425

 

Consumer and Other

 

 

354

 

 

 

(40

)

 

 

11

 

 

 

(1

)

 

 

324

 

Unallocated

 

 

733

 

 

 

 

 

 

 

 

 

50

 

 

 

783

 

Total

 

$

13,300

 

 

$

(357

)

 

$

104

 

 

$

 

 

$

13,047

 

The following tables present, by portfolio segment, the allocation of the allowance for loan losses and related loan balances as of June 30, 2018 and December 31, 2017.

 

June 30, 2018

 

Loans acquired

with credit

deterioration

 

 

Loans individually

evaluated for

impairment

 

 

Loans collectively

evaluated for

impairment

 

 

Total

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Agriculture

 

$

 

 

$

5

 

 

$

1,625

 

 

$

1,630

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

8

 

 

 

2,153

 

 

 

2,161

 

Non-Owner Occupied

 

 

 

 

 

 

 

 

5,135

 

 

 

5,135

 

Residential Real Estate

 

 

29

 

 

 

100

 

 

 

1,562

 

 

 

1,691

 

Real Estate Construction

 

 

 

 

 

 

 

 

861

 

 

 

861

 

Farm Real Estate

 

 

 

 

 

6

 

 

 

404

 

 

 

410

 

Consumer and Other

 

 

 

 

 

 

 

 

300

 

 

 

300

 

Unallocated

 

 

 

 

 

 

 

 

679

 

 

 

679

 

Total

 

$

29

 

 

$

119

 

 

$

12,719

 

 

$

12,867

 

Outstanding loan balances:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Agriculture

 

$

61

 

 

$

961

 

 

$

152,720

 

 

$

153,742

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

517

 

 

 

169,228

 

 

 

169,745

 

Non-Owner Occupied

 

 

 

 

 

39

 

 

 

431,056

 

 

 

431,095

 

Residential Real Estate

 

 

108

 

 

 

1,307

 

 

 

269,792

 

 

 

271,207

 

Real Estate Construction

 

 

 

 

 

 

 

 

100,812

 

 

 

100,812

 

Farm Real Estate

 

 

 

 

 

778

 

 

 

37,067

 

 

 

37,845

 

Consumer and Other

 

 

 

 

 

 

 

 

15,586

 

 

 

15,586

 

Total

 

$

169

 

 

$

3,602

 

 

$

1,176,261

 

 

$

1,180,032

 

 

December 31, 2017

 

Loans acquired

with credit

deterioration

 

 

Loans individually

evaluated for

impairment

 

 

Loans collectively

evaluated for

impairment

 

 

Total

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Agriculture

 

$

82

 

 

$

4

 

 

$

1,476

 

 

$

1,562

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

6

 

 

 

2,037

 

 

 

2,043

 

Non-Owner Occupied

 

 

 

 

 

 

 

 

5,307

 

 

 

5,307

 

Residential Real Estate

 

 

44

 

 

 

109

 

 

 

1,757

 

 

 

1,910

 

Real Estate Construction

 

 

 

 

 

 

 

 

834

 

 

 

834

 

Farm Real Estate

 

 

 

 

 

6

 

 

 

424

 

 

 

430

 

Consumer and Other

 

 

 

 

 

 

 

 

290

 

 

 

290

 

Unallocated

 

 

 

 

 

 

 

 

758

 

 

 

758

 

Total

 

$

126

 

 

$

125

 

 

$

12,883

 

 

$

13,134

 

Outstanding loan balances:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Agriculture

 

$

87

 

 

$

438

 

 

$

151,948

 

 

$

152,473

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

1,010

 

 

 

163,089

 

 

 

164,099

 

Non-Owner Occupied

 

 

 

 

 

44

 

 

 

425,579

 

 

 

425,623

 

Residential Real Estate

 

 

128

 

 

 

1,360

 

 

 

267,247

 

 

 

268,735

 

Real Estate Construction

 

 

 

 

 

 

 

 

97,531

 

 

 

97,531

 

Farm Real Estate

 

 

 

 

 

608

 

 

 

38,853

 

 

 

39,461

 

Consumer and Other

 

 

 

 

 

 

 

 

16,739

 

 

 

16,739

 

Total

 

$

215

 

 

$

3,460

 

 

$

1,160,986

 

 

$

1,164,661

 

 

Credit Exposures by Internally Assigned Grades

 

June 30, 2018

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Ending Balance

 

Commercial & Agriculture

 

$

148,387

 

 

$

2,297

 

 

$

3,058

 

 

$

 

 

$

153,742

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

163,160

 

 

 

1,256

 

 

 

5,329

 

 

 

 

 

 

169,745

 

Non-Owner Occupied

 

 

428,084

 

 

 

2,288

 

 

 

723

 

 

 

 

 

 

431,095

 

Residential Real Estate

 

 

60,275

 

 

 

1,831

 

 

 

5,091

 

 

 

 

 

 

67,197

 

Real Estate Construction

 

 

91,406

 

 

 

14

 

 

 

1,289

 

 

 

 

 

 

92,709

 

Farm Real Estate

 

 

29,816

 

 

 

5,079

 

 

 

2,950

 

 

 

 

 

 

37,845

 

Consumer and Other

 

 

1,272

 

 

 

 

 

 

14

 

 

 

 

 

 

1,286

 

Total

 

$

922,400

 

 

$

12,765

 

 

$

18,454

 

 

$

 

 

$

953,619

 

 

December 31, 2017

 

Pass

 

 

Special Mention

 

 

Substandard

 

 

Doubtful

 

 

Ending Balance

 

Commercial & Agriculture

 

$

140,842

 

 

$

8,412

 

 

$

3,219

 

 

$

 

 

$

152,473

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

155,756

 

 

 

1,166

 

 

 

7,177

 

 

 

 

 

 

164,099

 

Non-Owner Occupied

 

 

422,363

 

 

 

2,321

 

 

 

939

 

 

 

 

 

 

425,623

 

Residential Real Estate

 

 

62,628

 

 

 

1,997

 

 

 

5,873

 

 

 

 

 

 

70,498

 

Real Estate Construction

 

 

91,545

 

 

 

15

 

 

 

27

 

 

 

 

 

 

91,587

 

Farm Real Estate

 

 

25,228

 

 

 

11,236

 

 

 

2,997

 

 

 

 

 

 

39,461

 

Consumer and Other

 

 

1,312

 

 

 

 

 

 

70

 

 

 

 

 

 

1,382

 

Total

 

$

899,674

 

 

$

25,147

 

 

$

20,302

 

 

$

 

 

$

945,123

 

 

Performing and Nonperforming Loans

Certain TDRs are classified as nonperforming at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months.

 

June 30, 2018

 

Residential

Real Estate

 

 

Real Estate

Construction

 

 

Consumer

and Other

 

 

Total

 

Performing

 

$

204,010

 

 

$

8,103

 

 

$

14,266

 

 

$

226,379

 

Nonperforming

 

 

 

 

 

 

 

 

34

 

 

 

34

 

Total

 

$

204,010

 

 

$

8,103

 

 

$

14,300

 

 

$

226,413

 

 

December 31, 2017

 

Residential

Real Estate

 

 

Real Estate

Construction

 

 

Consumer

and Other

 

 

Total

 

Performing

 

$

198,237

 

 

$

5,944

 

 

$

15,341

 

 

$

219,522

 

Nonperforming

 

 

 

 

 

 

 

 

16

 

 

 

16

 

Total

 

$

198,237

 

 

$

5,944

 

 

$

15,357

 

 

$

219,538

 

 

Aging Analysis of Past Due Loans

The following tables include an aging analysis of the recorded investment of past due loans outstanding as of June 30, 2018 and December 31, 2017.

 

June 30, 2018

 

30-59 Days

Past Due

 

 

60-89 Days

Past Due

 

 

90 Days

or Greater

 

 

Total Past

Due

 

 

Current

 

 

Purchased

Credit-

Impaired

Loans

 

 

Total Loans

 

 

Past Due

90 Days

and

Accruing

 

Commercial & Agriculture

 

$

186

 

 

$

 

 

$

663

 

 

$

849

 

 

$

152,832

 

 

$

61

 

 

$

153,742

 

 

$

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

176

 

 

 

195

 

 

 

452

 

 

 

823

 

 

 

168,922

 

 

 

 

 

 

169,745

 

 

 

 

Non-Owner Occupied

 

 

 

 

 

 

 

 

155

 

 

 

155

 

 

 

430,940

 

 

 

 

 

 

431,095

 

 

 

 

Residential Real Estate

 

 

440

 

 

 

307

 

 

 

533

 

 

 

1,280

 

 

 

269,819

 

 

 

108

 

 

 

271,207

 

 

 

 

Real Estate Construction

 

 

 

 

 

 

 

 

27

 

 

 

27

 

 

 

100,785

 

 

 

 

 

 

100,812

 

 

 

 

Farm Real Estate

 

 

149

 

 

 

78

 

 

 

181

 

 

 

408

 

 

 

37,437

 

 

 

 

 

 

37,845

 

 

 

 

Consumer and Other

 

 

123

 

 

 

22

 

 

 

39

 

 

 

184

 

 

 

15,402

 

 

 

 

 

 

15,586

 

 

 

34

 

Total

 

$

1,074

 

 

$

602

 

 

$

2,050

 

 

$

3,726

 

 

$

1,176,137

 

 

$

169

 

 

$

1,180,032

 

 

$

34

 

 

December 31, 2017

 

30-59 Days

Past Due

 

 

60-89 Days

Past Due

 

 

90 Days

or Greater

 

 

Total Past Due

 

 

Current

 

 

Purchased

Credit-

Impaired

Loans

 

 

Total Loans

 

 

Past Due

90 Days

and

Accruing

 

Commercial & Agriculture

 

$

575

 

 

$

2

 

 

$

685

 

 

$

1,262

 

 

$

151,124

 

 

$

87

 

 

$

152,473

 

 

$

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

897

 

 

 

104

 

 

 

484

 

 

 

1,485

 

 

 

162,614

 

 

 

 

 

 

164,099

 

 

 

 

Non-Owner Occupied

 

 

133

 

 

 

 

 

 

470

 

 

 

603

 

 

 

425,020

 

 

 

 

 

 

425,623

 

 

 

 

Residential Real Estate

 

 

1,613

 

 

 

229

 

 

 

785

 

 

 

2,627

 

 

 

265,980

 

 

 

128

 

 

 

268,735

 

 

 

 

Real Estate Construction

 

 

 

 

 

 

 

 

27

 

 

 

27

 

 

 

97,504

 

 

 

 

 

 

97,531

 

 

 

 

Farm Real Estate

 

 

27

 

 

 

 

 

 

186

 

 

 

213

 

 

 

39,248

 

 

 

 

 

 

39,461

 

 

 

 

Consumer and Other

 

 

92

 

 

 

96

 

 

 

16

 

 

 

204

 

 

 

16,535

 

 

 

 

 

 

16,739

 

 

 

16

 

Total

 

$

3,337

 

 

$

431

 

 

$

2,653

 

 

$

6,421

 

 

$

1,158,025

 

 

$

215

 

 

$

1,164,661

 

 

$

16

 

 

Summary of Nonaccrual Loans Excluding Purchased Credit-Impaired (PCI) Loans

The following table presents loans on nonaccrual status, excluding purchased credit-impaired (PCI) loans, as of June 30, 2018 and December 31, 2017.

 

 

 

June 30, 2018

 

 

December 31, 2017

 

Commercial & Agriculture

 

$

856

 

 

$

887

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

Owner Occupied

 

 

810

 

 

 

1,476

 

Non-Owner Occupied

 

 

252

 

 

 

711

 

Residential Real Estate

 

 

2,261

 

 

 

2,778

 

Real Estate Construction

 

 

27

 

 

 

27

 

Farm Real Estate

 

 

181

 

 

 

186

 

Consumer and Other

 

 

11

 

 

 

67

 

Total

 

$

4,398

 

 

$

6,132

 

 

Schedule of Troubled Debt Restructurings

Loan modifications that are considered TDRs completed during the periods ended June 30, 2018 and June 30, 2017 were as follows:

 

 

 

For the Six-Month Period Ended

 

 

 

June 30, 2018

 

 

 

Number of

Contracts

 

 

Pre-

Modification

Outstanding

Recorded

Investment

 

 

Post-

Modification

Outstanding

Recorded

Investment

 

Commercial & Agriculture

 

 

3

 

 

$

591

 

 

$

591

 

Commercial Real Estate—Owner Occupied

 

 

 

 

 

 

 

 

 

Commercial Real Estate—Non-Owner Occupied

 

 

 

 

 

 

 

 

 

Residential Real Estate

 

 

 

 

 

 

 

 

 

Real Estate Construction

 

 

 

 

 

 

 

 

 

Farm Real Estate

 

 

 

 

 

 

 

 

 

Consumer and Other

 

 

 

 

 

 

 

 

 

Total Loan Modifications

 

 

3

 

 

$

591

 

 

$

591

 

 

 

 

For the Six-Month Period Ended

 

 

 

June 30, 2017

 

 

 

Number of

Contracts

 

 

Pre-

Modification

Outstanding

Recorded

Investment

 

 

Post-

Modification

Outstanding

Recorded

Investment

 

Commercial & Agriculture

 

 

 

 

$

 

 

$

 

Commercial Real Estate—Owner Occupied

 

 

 

 

 

 

 

 

 

Commercial Real Estate—Non-Owner Occupied

 

 

 

 

 

 

 

 

 

Residential Real Estate

 

 

1

 

 

 

13

 

 

 

13

 

Real Estate Construction

 

 

 

 

 

 

 

 

 

Farm Real Estate

 

 

 

 

 

 

 

 

 

Consumer and Other

 

 

 

 

 

 

 

 

 

Total Loan Modifications

 

 

1

 

 

$

13

 

 

$

13

 

 

 

 

For the three months ended

 

 

 

June 30, 2018

 

 

 

Number of

Contracts

 

 

Pre-

Modification

Outstanding

Recorded

Investment

 

 

Post-

Modification

Outstanding

Recorded

Investment

 

Commercial & Agriculture

 

 

 

 

$

 

 

$

 

Commercial Real Estate—Owner Occupied

 

 

 

 

 

 

 

 

 

Commercial Real Estate—Non-Owner Occupied

 

 

 

 

 

 

 

 

 

Residential Real Estate

 

 

 

 

 

 

 

 

 

Real Estate Construction

 

 

 

 

 

 

 

 

 

Farm Real Estate

 

 

 

 

 

 

 

 

 

Consumer and Other

 

 

 

 

 

 

 

 

 

Total Loan Modifications

 

 

 

 

$

 

 

$

 

 

 

 

For the three months ended

 

 

 

June 30, 2017

 

 

 

Number of

Contracts

 

 

Pre-

Modification

Outstanding

Recorded

Investment

 

 

Post-

Modification

Outstanding

Recorded

Investment

 

Commercial & Agriculture

 

 

 

 

$

 

 

$

 

Commercial Real Estate—Owner Occupied

 

 

 

 

 

 

 

 

 

Commercial Real Estate—Non-Owner Occupied

 

 

 

 

 

 

 

 

 

Residential Real Estate

 

 

1

 

 

 

13

 

 

 

13

 

Real Estate Construction

 

 

 

 

 

 

 

 

 

Farm Real Estate

 

 

 

 

 

 

 

 

 

Consumer and Other

 

 

 

 

 

 

 

 

 

Total Loan Modifications

 

 

1

 

 

$

13

 

 

$

13

 

 

Impaired Financing Receivables Excluding PCI Loans

The following table includes the recorded investment and unpaid principal balances for impaired financing receivables, excluding PCI loans, with the associated allowance amount, if applicable, as of June 30, 2018 and December 31, 2017.

 

 

 

June 30, 2018

 

 

December 31, 2017

 

 

 

Recorded

Investment

 

 

Unpaid

Principal

Balance

 

 

Related

Allowance

 

 

Recorded

Investment

 

 

Unpaid

Principal

Balance

 

 

Related

Allowance

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Agriculture

 

$

571

 

 

$

571

 

 

 

 

 

 

$

 

 

$

 

 

 

 

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

207

 

 

 

207

 

 

 

 

 

 

 

693

 

 

 

913

 

 

 

 

 

Non-Owner Occupied

 

 

39

 

 

 

43

 

 

 

 

 

 

 

44

 

 

 

48

 

 

 

 

 

Residential Real Estate

 

 

937

 

 

 

1,009

 

 

 

 

 

 

 

977

 

 

 

1,049

 

 

 

 

 

Farm Real Estate

 

 

328

 

 

 

328

 

 

 

 

 

 

 

148

 

 

 

148

 

 

 

 

 

Consumer and Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

2,082

 

 

 

2,158

 

 

 

 

 

 

 

1,862

 

 

 

2,158

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Agriculture

 

 

390

 

 

 

390

 

 

$

5

 

 

 

438

 

 

 

438

 

 

$

4

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

310

 

 

 

310

 

 

 

8

 

 

 

317

 

 

 

317

 

 

 

6

 

Non-Owner Occupied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential Real Estate

 

 

370

 

 

 

374

 

 

 

100

 

 

 

383

 

 

 

387

 

 

 

109

 

Farm Real Estate

 

 

450

 

 

 

450

 

 

 

6

 

 

 

460

 

 

 

460

 

 

 

6

 

Total

 

 

1,520

 

 

 

1,524

 

 

 

119

 

 

 

1,598

 

 

 

1,602

 

 

 

125

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Agriculture

 

 

961

 

 

 

961

 

 

 

5

 

 

 

438

 

 

 

438

 

 

 

4

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

517

 

 

 

517

 

 

 

8

 

 

 

1,010

 

 

 

1,230

 

 

 

6

 

Non-Owner Occupied

 

 

39

 

 

 

43

 

 

 

 

 

 

44

 

 

 

48

 

 

 

 

Residential Real Estate

 

 

1,307

 

 

 

1,383

 

 

 

100

 

 

 

1,360

 

 

 

1,436

 

 

 

109

 

Farm Real Estate

 

 

778

 

 

 

778

 

 

 

6

 

 

 

608

 

 

 

608

 

 

 

6

 

Consumer and Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

3,602

 

 

$

3,682

 

 

$

119

 

 

$

3,460

 

 

$

3,760

 

 

$

125

 

 

The following table includes the average recorded investment and interest income recognized for impaired financing receivables for the three- and six-month periods ended June 30, 2018 and 2017.

 

 

 

June 30, 2018

 

 

June 30, 2017

 

For the six months ended

 

Average

Recorded

Investment

 

 

Interest

Income

Recognized

 

 

Average

Recorded

Investment

 

 

Interest

Income

Recognized

 

Commercial & Agriculture

 

$

808

 

 

$

13

 

 

$

1,756

 

 

$

20

 

Commercial Real Estate—Owner Occupied

 

 

686

 

 

 

17

 

 

 

1,829

 

 

 

48

 

Commercial Real Estate—Non-Owner Occupied

 

 

42

 

 

 

3

 

 

 

357

 

 

 

3

 

Residential Real Estate

 

 

1,334

 

 

 

34

 

 

 

1,610

 

 

 

39

 

Real Estate Construction

 

 

 

 

 

 

 

 

 

 

 

 

Farm Real Estate

 

 

726

 

 

 

15

 

 

 

614

 

 

 

13

 

Consumer and Other

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

3,596

 

 

$

82

 

 

$

6,166

 

 

$

123

 

 

 

 

June 30, 2018

 

 

June 30, 2017

 

For the three months ended:

 

Average

Recorded

Investment

 

 

Interest

Income

Recognized

 

 

Average

Recorded

Investment

 

 

Interest

Income

Recognized

 

Commercial & Agriculture

 

$

993

 

 

$

6

 

 

$

1,643

 

 

$

6

 

Commercial Real Estate—Owner Occupied

 

 

524

 

 

 

8

 

 

 

1,795

 

 

 

26

 

Commercial Real Estate—Non-Owner Occupied

 

 

41

 

 

 

2

 

 

 

356

 

 

 

2

 

Residential Real Estate

 

 

1,321

 

 

 

17

 

 

 

1,572

 

 

 

19

 

Real Estate Construction

 

 

 

 

 

 

 

 

 

 

 

 

Farm Real Estate

 

 

785

 

 

 

8

 

 

 

614

 

 

 

7

 

Consumer and Other

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

3,664

 

 

$

41

 

 

$

5,980

 

 

$

60

 

 

Schedule of Changes in Amortized Yield for PCI Loans

 

Changes in the amortizable yield for PCI loans were as follows, since acquisition: 

 

 

 

For the Six-Month

Period Ended

June 30, 2018

 

 

For the Six-Month

Period Ended

June 30, 2017

 

 

 

(In Thousands)

 

 

(In Thousands)

 

Balance at beginning of period

 

$

15

 

 

$

49

 

Acquisition of PCI loans

 

 

 

 

 

 

Accretion

 

 

(9

)

 

 

(18

)

Balance at end of period

 

$

6

 

 

$

31

 

 

 

 

For the Three-Month

Period Ended

June 30, 2018

 

 

For the Three-Month

Period Ended

June 30, 2017

 

 

 

(In Thousands)

 

 

(In Thousands)

 

Balance at beginning of period

 

$

8

 

 

$

40

 

Acquisition of PCI loans

 

 

 

 

 

 

Accretion

 

 

(2

)

 

 

(9

)

Balance at end of period

 

$

6

 

 

$

31

 

 

Schedule of Loans Acquired and Accounted

The following table presents additional information regarding loans acquired and accounted for in accordance with ASC 310-30:

 

 

 

At June 30, 2018

 

 

At December 31, 2017

 

 

 

Acquired Loans with

Specific Evidence of

Deterioration of Credit

Quality (ASC 310-30)

 

 

Acquired Loans with

Specific Evidence of

Deterioration of Credit

Quality (ASC 310-30)

 

 

 

(In Thousands)

 

Outstanding balance

 

$

720

 

 

$

775

 

Carrying amount

 

 

169

 

 

 

215