Loans and Allowance for Credit Losses (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Loans and Allowance for Credit Losses |
|
| Schedule of Loans by Class |
| | | | | | | Loan Distribution | | | | | | | (dollars in thousands, unaudited) | | | | | | | | | June 30, 2026 | | December 31, 2025 | Real estate: | | | | | | | Residential real estate | | $ | 344,535 | | $ | 358,454 | Commercial real estate | | | 1,391,964 | | | 1,393,183 | Other construction/land | | | 15,932 | | | 14,497 | Farmland | | | 65,625 | | | 68,157 | Total real estate | | | 1,818,056 | | | 1,834,291 | Other commercial | | | 178,215 | | | 191,500 | Mortgage warehouse facilities | | | 457,457 | | | 518,333 | Consumer | | | 2,478 | | | 2,756 | Subtotal | | | 2,456,206 | | | 2,546,880 | Net deferred loan (fees) | | | (146) | | | (35) | Loans, amortized cost basis | | | 2,456,060 | | | 2,546,845 | Allowance for credit losses | | | (23,600) | | | (21,480) | Net loans | | $ | 2,432,460 | | $ | 2,525,365 |
|
| Schedule of Amortized Cost Basis of Nonaccrual Loans |
| | | | | | | | | | | | | Nonaccrual Loans | | | | | | | | | | | | | (dollars in thousands, unaudited) | | | | | | | | | | | | | | | June 30, 2026 | | | Nonaccrual Loans | | | | | | With no allowance for credit loss | | With an allowance for credit loss | | Total | | Loans Past Due 90+ Accruing | Real estate: | | | | | | | | | | | | | Residential real estate | | $ | 358 | | $ | — | | $ | 358 | | $ | — | Farmland | | | 3,105 | | | — | | | 3,105 | | | — | Total real estate | | | 3,463 | | | — | | | 3,463 | | | — | Other commercial | | | 4,060 | | | 3,019 | | | 7,079 | | | — | Consumer loans | | | — | | | 2 | | | 2 | | | — | Total | | $ | 7,523 | | $ | 3,021 | | $ | 10,544 | | $ | — |
| | | | | | | | | | | | | | | December 31, 2025 | | | Nonaccrual Loans | | | | | | With no allowance for credit loss | | With an allowance for credit loss | | Total | | Loans Past Due 90+ Accruing | Real estate: | | | | | | | | | | | | | Residential real estate | | $ | 210 | | $ | — | | $ | 210 | | $ | — | Farmland | | | — | | | 1,717 | | | 1,717 | | | — | Total real estate | | | 210 | | | 1,717 | | | 1,927 | | | — | Other commercial | | | 11,304 | | | — | | | 11,304 | | | — | Total | | $ | 11,514 | | $ | 1,717 | | $ | 13,231 | | $ | — |
|
| Schedule of Amortized Cost Basis of Collateral-Dependent Loans by Class |
| | | | | | | | | | | | | Collateral Dependent Loans | | | | | | | | | | | | | (dollars in thousands, unaudited) | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | | Amortized Cost | | Individual Reserves | | Amortized Cost | | Individual Reserves | Real estate: | | | | | | | | | | | | | Residential real estate | | $ | 358 | | $ | — | | $ | 210 | | $ | — | Farmland | | | 3,105 | | | — | | | 1,717 | | | 11 | Total real estate | | | 3,463 | | | — | | | 1,927 | | | 11 | Other commercial (1) | | | 6,508 | | | 2,548 | | | 11,297 | | | — | Total Loans | | $ | 9,971 | | $ | 2,548 | | $ | 13,224 | | $ | 11 |
| (1) | The collateral type on this loan category is primarily agricultural assets. |
|
| Schedule of Aging of the Amortized Cost Basis in Past-Due Loans |
| | | | | | | | | | | | | | | | | | | Past Due Loans | | | | | | | | | | | | | | | | | | | (dollars in thousands, unaudited) | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | | 30-59 Days Past Due | | 60-89 Days Past Due | | Loans Past Due 90+ Days | | Total Past Due | | Loans not Past Due | | Total Loans | Real estate: | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 20 | | $ | 41 | | $ | 358 | | $ | 419 | | $ | 345,156 | | $ | 345,575 | Commercial real estate | | | 4,834 | | | — | | | — | | | 4,834 | | | 1,384,896 | | | 1,389,730 | Other construction/land | | | — | | | — | | | — | | | — | | | 15,851 | | | 15,851 | Farmland | | | — | | | 743 | | | 2,678 | | | 3,421 | | | 62,338 | | | 65,759 | Total real estate | | | 4,854 | | | 784 | | | 3,036 | | | 8,674 | | | 1,808,241 | | | 1,816,915 | Other commercial | | | 212 | | | 2,548 | | | 4,532 | | | 7,292 | | | 171,872 | | | 179,164 | Mortgage warehouse facilities | | | — | | | — | | | — | | | — | | | 457,457 | | | 457,457 | Consumer | | | 1 | | | — | | | 1 | | | 2 | | | 2,522 | | | 2,524 | Total Loans | | $ | 5,067 | | $ | 3,332 | | $ | 7,569 | | $ | 15,968 | | $ | 2,440,092 | | $ | 2,456,060 |
| | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | 30-59 Days Past Due | | 60-89 Days Past Due | | Loans Past Due 90+ Days | | Total Past Due | | Loans not Past Due | | Total Loans | Real estate: | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 18 | | $ | — | | $ | 192 | | $ | 210 | | $ | 359,304 | | $ | 359,514 | Commercial real estate | | | 4,657 | | | — | | | — | | | 4,657 | | | 1,386,233 | | | 1,390,890 | Other construction/land | | | — | | | — | | | — | | | — | | | 14,414 | | | 14,414 | Farmland | | | 2,037 | | | — | | | 1,717 | | | 3,754 | | | 64,553 | | | 68,307 | Total real estate | | | 6,712 | | | — | | | 1,909 | | | 8,621 | | | 1,824,504 | | | 1,833,125 | Other commercial | | | 131 | | | — | | | 11,304 | | | 11,435 | | | 181,142 | | | 192,577 | Mortgage warehouse facilities | | | — | | | — | | | — | | | — | | | 518,333 | | | 518,333 | Consumer | | | 11 | | | — | | | — | | | 11 | | | 2,799 | | | 2,810 | Total Loans | | $ | 6,854 | | $ | — | | $ | 13,213 | | $ | 20,067 | | $ | 2,526,778 | | $ | 2,546,845 |
|
| Schedule of Amortized Cost Basis of Each Class of Financing Receivable |
The percentage of the amortized cost basis of loans that were modified to borrowers experiencing financial difficulty as compared to the amortized cost basis of each class of financing receivable is also presented below (dollars in thousands, unaudited): | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2026 | | | Principal Forgiveness | | Payment Delay | | Term Extension | | Combination Term Extension Interest Rate Reduction | | Total Class of Financing Receivable | Other commercial | | $ | — | | $ | — | | $ | 673 | | $ | 235 | | | 0.51% | Total | | $ | — | | $ | — | | $ | 673 | | $ | 235 | | | 0.04% |
| | | | | | | | | | | | | | | | | | | Three months ended June 30, 2025 | | | Principal Forgiveness | | Payment Delay | | Term Extension | | Combination Term Extension Interest Rate Reduction | | Total Class of Financing Receivable | Other commercial | | | — | | | — | | | 14 | | | — | | | 0.01% | Total | | $ | — | | $ | — | | $ | 14 | | $ | — | | | 0.00% |
| | | | | | | | | | | | | | | | | | | Six months ended June 30, 2026 | | | Principal Forgiveness | | Payment Delay | | Term Extension | | Combination Term Extension Interest Rate Reduction | | Total Class of Financing Receivable | Other commercial | | $ | — | | $ | — | | $ | 1,228 | | $ | 235 | | | 0.82% | Total | | $ | — | | $ | — | | $ | 1,228 | | $ | 235 | | | 0.06% |
| | | | | | | | | | | | | | | | | | | Six months ended June 30, 2025 | | | Principal Forgiveness | | Payment Delay | | Term Extension | | Combination Term Extension Interest Rate Reduction | | Total Class of Financing Receivable | Other commercial | | | — | | | — | | | 19 | | | — | | | 0.01% | Total | | $ | — | | $ | — | | $ | 19 | | $ | — | | | 0.00% |
|
| Schedule of Financial Effect of Loan Modifications |
The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three and six months ended June 30, 2026 and 2025 (dollars in thousands, unaudited): | | | | | | | | | | | | | Three months ended June 30, 2026 | | | | Principal Forgiveness | | | Weighted-Average Interest Rate Reduction | | | Weighted-Average Term Extension (years) | Other commercial | | $ | — | | | 0.50% | | | 2.62 |
| | | | | | | | | | | | | Three months ended June 30, 2025 | | | | Principal Forgiveness | | | Weighted-Average Interest Rate Reduction | | | Weighted-Average Term Extension (years) | Other commercial | | $ | — | | | — | | | 5.00 |
| | | | | | | | | | | | | Six months ended June 30, 2026 | | | | Principal Forgiveness | | | Weighted-Average Interest Rate Reduction | | | Weighted-Average Term Extension (years) | Other commercial | | $ | — | | | 0.50% | | | 2.19 |
| | | | | | | | | | | | | Six months ended June 30, 2025 | | | | Principal Forgiveness | | | Weighted-Average Interest Rate Reduction | | | Weighted-Average Term Extension (years) | Other commercial | | $ | — | | | — | | | 1.70 |
|
| Schedule of Amortized Cost of Loans by Credit Quality Classification in Addition to Loan Vintage |
Loan Credit Quality by Vintage (dollars in thousands, unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | | Term Loans Amortized Cost Basis by Origination Year | | | | | | | | | | | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | Prior | | Revolving Loans Amortized Cost | | Revolving Loans Converted to Term Loans | | Total Loans | Residential real estate | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 732 | | $ | — | | $ | — | | $ | — | | $ | 84,770 | | $ | 247,500 | | $ | 8,408 | | $ | 2,919 | | $ | 344,329 | Special mention | | | — | | | — | | | — | | | — | | | — | | | 104 | | | 20 | | | 367 | | | 491 | Substandard | | | — | | | — | | | — | | | — | | | — | | | 499 | | | 41 | | | 215 | | | 755 | Subtotal | | | 732 | | | — | | | — | | | — | | | 84,770 | | | 248,103 | | | 8,469 | | | 3,501 | | | 345,575 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | | 49,906 | | | 140,774 | | | 133,813 | | | 91,363 | | | 205,584 | | | 693,953 | | | 16,921 | | | 6,132 | | | 1,338,446 | Special mention | | | — | | | 46 | | | 4,594 | | | — | | | 2,737 | | | 25,662 | | | 559 | | | — | | | 33,598 | Substandard | | | — | | | — | | | — | | | — | | | — | | | 17,686 | | | — | | | — | | | 17,686 | Subtotal | | | 49,906 | | | 140,820 | | | 138,407 | | | 91,363 | | | 208,321 | | | 737,301 | | | 17,480 | | | 6,132 | | | 1,389,730 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | 90 | | | 90 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other construction/land | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | | — | | | 1,742 | | | 9,913 | | | — | | | — | | | 2,649 | | | — | | | — | | | 14,304 | Special mention | | | — | | | — | | | — | | | — | | | — | | | 1,547 | | | — | | | — | | | 1,547 | Subtotal | | | — | | | 1,742 | | | 9,913 | | | — | | | — | | | 4,196 | | | — | | | — | | | 15,851 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Farmland | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | | — | | | 3,294 | | | 4,705 | | | 4,888 | | | 8,326 | | | 20,596 | | | 4,603 | | | 585 | | | 46,997 | Special mention | | | — | | | — | | | 8,486 | | | — | | | — | | | 316 | | | 6,833 | | | — | | | 15,635 | Substandard | | | — | | | — | | | 976 | | | 1,417 | | | — | | | 734 | | | — | | | — | | | 3,127 | Subtotal | | | — | | | 3,294 | | | 14,167 | | | 6,305 | | | 8,326 | | | 21,646 | | | 11,436 | | | 585 | | | 65,759 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other commercial | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | | 2,171 | | | 6,067 | | | 5,168 | | | 4,651 | | | 1,976 | | | 12,023 | | | 130,186 | | | 4,913 | | | 167,155 | Special mention | | | — | | | 135 | | | 9 | | | 7 | | | — | | | — | | | 1,300 | | | 2,923 | | | 4,374 | Substandard | | | — | | | 178 | | | — | | | 3,202 | | | — | | | — | | | 3,849 | | | 406 | | | 7,635 | Subtotal | | | 2,171 | | | 6,380 | | | 5,177 | | | 7,860 | | | 1,976 | | | 12,023 | | | 135,335 | | | 8,242 | | | 179,164 | Current period gross charge-offs (1) | | | — | | | — | | | — | | | 10 | | | — | | | — | | | 60 | | | 48 | | | 118 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mortgage warehouse facilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | | — | | | — | | | — | | | — | | | — | | | — | | | 457,457 | | | — | | | 457,457 | Subtotal | | | — | | | — | | | — | | | — | | | — | | | — | | | 457,457 | | | — | | | 457,457 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | | — | | | — | | | 31 | | | 149 | | | 38 | | | 78 | | | 2,225 | | | — | | | 2,521 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | 1 | | | — | | | 1 | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | 2 | | | — | | | 2 | Subtotal | | | — | | | — | | | 31 | | | 149 | | | 38 | | | 78 | | | 2,228 | | | — | | | 2,524 | Current period gross charge-offs (1) | | | — | | | — | | | — | | | — | | | — | | | — | | | 292 | | | 55 | | | 347 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | $ | 52,809 | | $ | 152,236 | | $ | 167,695 | | $ | 105,677 | | $ | 303,431 | | $ | 1,023,347 | | $ | 632,405 | | $ | 18,460 | | $ | 2,456,060 |
| (1) | Consumer overdrafts are included in consumer loans and commercial overdrafts are included in other commercial and make up the majority of the gross charge-offs of loans originated in the revolving loans category for these loan classes. |
Loan Credit Quality by Vintage (dollars in thousands, unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Term Loans Amortized Cost Basis by Origination Year | | | | | | | | | | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Revolving Loans Amortized Cost | | Revolving Loans Converted to Term Loans | | Total Loans | Residential real estate | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | $ | 1,144 | | $ | — | | $ | — | | $ | 89,643 | | $ | 205,789 | | $ | 47,613 | | $ | 9,113 | | $ | 3,741 | | $ | 357,043 | Special mention | | — | | | — | | | — | | | — | | | 1,384 | | | 522 | | | — | | | — | | | 1,906 | Substandard | | — | | | — | | | — | | | — | | | — | | | 384 | | | 34 | | | 147 | | | 565 | Subtotal | | 1,144 | | | — | | | — | | | 89,643 | | | 207,173 | | | 48,519 | | | 9,147 | | | 3,888 | | | 359,514 | Current period gross charge-offs | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | 145,537 | | | 140,079 | | | 98,341 | | | 191,505 | | | 43,829 | | | 676,260 | | | 21,803 | | | 7,517 | | | 1,324,871 | Special mention | | 83 | | | — | | | — | | | 19,356 | | | — | | | 28,727 | | | 60 | | | — | | | 48,226 | Substandard | | — | | | — | | | — | | | — | | | — | | | 17,793 | | | — | | | — | | | 17,793 | Subtotal | | 145,620 | | | 140,079 | | | 98,341 | | | 210,861 | | | 43,829 | | | 722,780 | | | 21,863 | | | 7,517 | | | 1,390,890 | Current period gross charge-offs | | — | | | — | | | — | | | — | | | — | | | 274 | | | — | | | 1,147 | | | 1,421 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other construction/land | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | 482 | | | 9,616 | | | — | | | — | | | — | | | 3,262 | | | — | | | — | | | 13,360 | Special mention | | — | | | — | | | — | | | — | | | — | | | 1,054 | | | — | | | — | | | 1,054 | Subtotal | | 482 | | | 9,616 | | | — | | | — | | | — | | | 4,316 | | | — | | | — | | | 14,414 | Current period gross charge-offs | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | Farmland | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | 3,439 | | | 14,361 | | | 4,946 | | | 8,501 | | | 10,752 | | | 11,660 | | | 11,934 | | | 611 | | | 66,204 | Special mention | | — | | | — | | | — | | | — | | | — | | | 355 | | | — | | | — | | | 355 | Substandard | | — | | | — | | | 1,717 | | | — | | | — | | | 31 | | | — | | | — | | | 1,748 | Subtotal | | 3,439 | | | 14,361 | | | 6,663 | | | 8,501 | | | 10,752 | | | 12,046 | | | 11,934 | | | 611 | | | 68,307 | Current period gross charge-offs | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other commercial | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | 7,162 | | | 5,995 | | | 5,863 | | | 2,658 | | | 429 | | | 13,229 | | | 137,208 | | | 2,150 | | | 174,694 | Special mention | | 197 | | | 11 | | | — | | | 13 | | | — | | | — | | | 3,710 | | | 2,636 | | | 6,567 | Substandard | | — | | | 12 | | | 7 | | | — | | | — | | | — | | | 10,116 | | | 1,181 | | | 11,316 | Subtotal | | 7,359 | | | 6,018 | | | 5,870 | | | 2,671 | | | 429 | | | 13,229 | | | 151,034 | | | 5,967 | | | 192,577 | Current period gross charge-offs (1) | | 121 | | | 25 | | | 2,292 | | | — | | | 7 | | | 1 | | | 276 | | | 5,300 | | | 8,022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mortgage warehouse facilities | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | — | | | — | | | — | | | — | | | — | | | — | | | 518,333 | | | — | | | 518,333 | Subtotal | | — | | | — | | | — | | | — | | | — | | | — | | | 518,333 | | | — | | | 518,333 | Current period gross charge-offs | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | 768 | | | 38 | | | 212 | | | 49 | | | 27 | | | 80 | | | 1,614 | | | — | | | 2,788 | Special mention | | — | | | — | | | — | | | — | | | — | | | 3 | | | 8 | | | — | | | 11 | Substandard | | — | | | — | | | 11 | | | — | | | — | | | — | | | — | | | — | | | 11 | Subtotal | | 768 | | | 38 | | | 223 | | | 49 | | | 27 | | | 83 | | | 1,622 | | | — | | | 2,810 | Current period gross charge-offs (1) | | 826 | | | 6 | | | 1 | | | 1 | | | — | | | 31 | | | 42 | | | — | | | 907 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | $ | 158,812 | | $ | 170,112 | | $ | 111,097 | | $ | 311,725 | | $ | 262,210 | | $ | 800,973 | | $ | 713,933 | | $ | 17,983 | | $ | 2,546,845 |
| (1) | Consumer overdrafts are included in consumer loans and commercial overdrafts are included in other commercial and make up the majority of the gross charge-offs of loans originated in the revolving loans category for these loan classes. |
|
| Schedule of Activity in Allowance for Credit Losses by Portfolio Segment |
Allowance for Credit Losses (dollars in thousands, unaudited) | | | | | | | | | | | | | | | | | | | | | | | | Residential Real Estate | | Commercial Real Estate | | Farmland & Agricultural Production | | Commercial & Industrial | | Mortgage Warehouse Facilities | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | | | Balance March 31, 2026 | | $ | 1,368 | | $ | 16,277 | | $ | 1,627 | | $ | 1,265 | | $ | 604 | | $ | 109 | | $ | 21,250 | Charge-offs | | | — | | | — | | | — | | | (30) | | | — | | | (131) | | | (161) | Recoveries | | | — | | | — | | | — | | | 184 | | | — | | | 44 | | | 228 | (Benefit) provision for credit losses | | | (48) | | | (57) | | | 2,578 | | | (197) | | | (79) | | | 86 | | | 2,283 | Balance June 30, 2026 | | $ | 1,320 | | $ | 16,220 | | $ | 4,205 | | $ | 1,222 | | $ | 525 | | $ | 108 | | $ | 23,600 |
| | | | | | | | | | | | | | | | | | | | | | | | Residential Real Estate | | Commercial Real Estate | | Farmland & Agricultural Production | | Commercial & Industrial | | Mortgage Warehouse Facilities | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | | | Balance March 31, 2025 | | $ | 1,746 | | $ | 17,287 | | $ | 6,032 | | $ | 1,506 | | $ | 339 | | $ | 140 | | $ | 27,050 | Charge-offs | | | — | | | (1,147) | | | (5,300) | | | (118) | | | — | | | (166) | | | (6,731) | Recoveries | | | — | | | — | | | — | | | 10 | | | — | | | 141 | | | 151 | (Benefit) provision for credit losses | | | (52) | | | 1,195 | | | (211) | | | 173 | | | 112 | | | (7) | | | 1,210 | Balance June 30, 2025 | | $ | 1,694 | | $ | 17,335 | | $ | 521 | | $ | 1,571 | | $ | 451 | | $ | 108 | | $ | 21,680 |
| | | | | | | | | | | | | | | | | | | | | | | | Residential Real Estate | | Commercial Real Estate | | Farmland & Agricultural Production | | Commercial & Industrial | | Mortgage Warehouse Facilities | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | | | Balance, December 31, 2025 | | $ | 1,411 | | $ | 16,650 | | $ | 1,146 | | $ | 1,496 | | $ | 665 | | $ | 112 | | $ | 21,480 | Charge-offs | | | — | | | (90) | | | — | | | (118) | | | — | | | (347) | | | (555) | Recoveries | | | — | | | — | | | 21 | | | 205 | | | — | | | 89 | | | 315 | (Benefit) provision for credit losses | | | (91) | | | (340) | | | 3,038 | | | (362) | | | (140) | | | 255 | | | 2,360 | Balance June 30, 2026 | | $ | 1,320 | | $ | 16,220 | | $ | 4,205 | | $ | 1,221 | | $ | 525 | | $ | 109 | | $ | 23,600 |
| | | | | | | | | | | | | | | | | | | | | | | | Residential Real Estate | | Commercial Real Estate | | Farmland & Agricultural Production | | Commercial & Industrial | | Mortgage Warehouse Facilities | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | | | Balance, December 31, 2024 | | $ | 1,808 | | $ | 17,143 | | $ | 3,827 | | $ | 1,282 | | $ | 398 | | $ | 372 | | $ | 24,830 | Charge-offs | | | — | | | (1,147) | | | (5,300) | | | (176) | | | — | | | (495) | | | (7,118) | Recoveries | | | — | | | — | | | 410 | | | 24 | | | — | | | 363 | | | 797 | (Benefit) provision for credit losses | | | (114) | | | 1,339 | | | 1,584 | | | 441 | | | 53 | | | (132) | | | 3,171 | Balance June 30, 2025 | | $ | 1,694 | | $ | 17,335 | | $ | 521 | | $ | 1,571 | | $ | 451 | | $ | 108 | | $ | 21,680 |
|