LOANS AND ALLOWANCE (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
|---|
| LOANS AND ALLOWANCE FOR LOAN LOSSES |
|
| Schedule of loans |
|
|
|
|
|
|
|
|
|
|
|
|
December 31,
|
|
December 31,
|
|
|
|
|
2016
|
|
2015
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
461,092
|
|
$
|
380,960
|
|
|
Agricultural
|
|
|
73,467
|
|
|
64,704
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
Farm
|
|
|
111,807
|
|
|
97,916
|
|
|
Hotel
|
|
|
91,213
|
|
|
72,193
|
|
|
Construction and development
|
|
|
102,598
|
|
|
77,394
|
|
|
Other
|
|
|
857,078
|
|
|
678,381
|
|
|
Residential
|
|
|
|
|
|
|
|
|
1-4 family
|
|
|
608,366
|
|
|
438,808
|
|
|
Home equity
|
|
|
284,147
|
|
|
288,265
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
Direct
|
|
|
61,574
|
|
|
56,312
|
|
|
Indirect
|
|
|
331
|
|
|
459
|
|
|
Total loans
|
|
|
2,651,673
|
|
|
2,155,392
|
|
|
Allowance for loan losses
|
|
|
(22,499)
|
|
|
(22,020)
|
|
|
Net loans
|
|
$
|
2,629,174
|
|
$
|
2,133,372
|
|
|
| Schedule of loans acquired through purchase |
|
|
|
|
|
|
|
|
|
|
|
As of December 31,
|
|
As of December 31,
|
|
|
|
2016
|
|
2015
|
|
Commercial and industrial
|
|
$
|
13,875
|
|
$
|
9,406
|
|
Agricultural
|
|
|
872
|
|
|
—
|
|
Construction and development
|
|
|
16,634
|
|
|
3,666
|
|
Farm real estate
|
|
|
389
|
|
|
—
|
|
Hotel
|
|
|
2,983
|
|
|
—
|
|
Other real estate
|
|
|
164,505
|
|
|
81,831
|
|
1-4 family
|
|
|
206,044
|
|
|
46,967
|
|
Home equity
|
|
|
14,342
|
|
|
19,076
|
|
Direct
|
|
|
2,517
|
|
|
2,818
|
|
|
|
$
|
422,161
|
|
$
|
163,764
|
|
| Schedule of activity in the allowance for loan losses |
These loans are included in the above table and all other tables below in the recorded investment amount. No allowance for loan losses is provided for these loans at December 31, 2016 and 2015.
|
|
|
|
|
|
|
|
|
|
|
As of December 31,
|
|
As of December 31,
|
|
|
|
2016
|
|
2015
|
|
Commercial and industrial
|
|
$
|
13,875
|
|
$
|
9,406
|
|
Agricultural
|
|
|
872
|
|
|
—
|
|
Construction and development
|
|
|
16,634
|
|
|
3,666
|
|
Farm real estate
|
|
|
389
|
|
|
—
|
|
Hotel
|
|
|
2,983
|
|
|
—
|
|
Other real estate
|
|
|
164,505
|
|
|
81,831
|
|
1-4 family
|
|
|
206,044
|
|
|
46,967
|
|
Home equity
|
|
|
14,342
|
|
|
19,076
|
|
Direct
|
|
|
2,517
|
|
|
2,818
|
|
|
|
$
|
422,161
|
|
$
|
163,764
|
|
| Schedule of balance in the allowance for loan losses and the recorded investment by portfolio segment and impairment method |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
2016
|
|
Commercial
|
|
Real Estate
|
|
Residential
|
|
Consumer
|
|
Total
|
|
|
Allowance for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance, January 1
|
|
$
|
6,511
|
|
$
|
10,702
|
|
$
|
3,859
|
|
$
|
948
|
|
$
|
22,020
|
|
|
Provision charged to expense
|
|
|
3,166
|
|
|
(3,540)
|
|
|
1,318
|
|
|
761
|
|
|
1,705
|
|
|
Losses charged off
|
|
|
(682)
|
|
|
(663)
|
|
|
(1,345)
|
|
|
(3,725)
|
|
|
(6,415)
|
|
|
Recoveries
|
|
|
659
|
|
|
1,207
|
|
|
415
|
|
|
2,908
|
|
|
5,189
|
|
|
Balance, December 31
|
|
$
|
9,654
|
|
$
|
7,706
|
|
$
|
4,247
|
|
$
|
892
|
|
$
|
22,499
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
2015
|
|
Commercial
|
|
Real Estate
|
|
Residential
|
|
Consumer
|
|
Total
|
|
|
Allowance for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance, January 1
|
|
$
|
2,977
|
|
$
|
15,605
|
|
$
|
3,501
|
|
$
|
1,167
|
|
$
|
23,250
|
|
|
Provision charged to expense
|
|
|
4,010
|
|
|
(6,118)
|
|
|
2,115
|
|
|
1,618
|
|
|
1,625
|
|
|
Losses charged off
|
|
|
(978)
|
|
|
(727)
|
|
|
(2,094)
|
|
|
(3,593)
|
|
|
(7,392)
|
|
|
Recoveries
|
|
|
502
|
|
|
1,942
|
|
|
337
|
|
|
1,756
|
|
|
4,537
|
|
|
Balance, December 31
|
|
$
|
6,511
|
|
$
|
10,702
|
|
$
|
3,859
|
|
$
|
948
|
|
$
|
22,020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
2014
|
|
Commercial
|
|
Real Estate
|
|
Residential
|
|
Consumer
|
|
Total
|
|
|
Allowance for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance, January 1
|
|
$
|
3,291
|
|
$
|
20,210
|
|
$
|
3,409
|
|
$
|
699
|
|
$
|
27,609
|
|
|
Provision charged to expense
|
|
|
(1,204)
|
|
|
(1,284)
|
|
|
1,977
|
|
|
2,011
|
|
|
1,500
|
|
|
Losses charged off
|
|
|
(241)
|
|
|
(5,583)
|
|
|
(2,295)
|
|
|
(2,899)
|
|
|
(11,018)
|
|
|
Recoveries
|
|
|
1,131
|
|
|
2,262
|
|
|
410
|
|
|
1,356
|
|
|
5,159
|
|
|
Balance, December 31
|
|
$
|
2,977
|
|
$
|
15,605
|
|
$
|
3,501
|
|
$
|
1,167
|
|
$
|
23,250
|
|
The following table presents the balance in the allowance for loan losses and the recorded investment by portfolio segment and based on impairment method as of December 31, 2016 and 2015:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2016
|
|
Commercial
|
|
Real Estate
|
|
Residential
|
|
Consumer
|
|
Total
|
|
|
Allowance for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Balance individually evaluated for impairment
|
|
$
|
898
|
|
$
|
755
|
|
$
|
147
|
|
$
|
—
|
|
$
|
1,800
|
|
|
Ending Balance collectively evaluated for impairment
|
|
|
8,756
|
|
|
6,951
|
|
|
4,100
|
|
|
892
|
|
|
20,699
|
|
|
Ending Balance acquired with deteriorated credit quality
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Total ending allowance balance
|
|
$
|
9,654
|
|
$
|
7,706
|
|
$
|
4,247
|
|
$
|
892
|
|
$
|
22,499
|
|
|
Loans
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Balance individually evaluated for impairment
|
|
$
|
2,705
|
|
$
|
7,904
|
|
$
|
10,458
|
|
$
|
130
|
|
$
|
21,197
|
|
|
Ending Balance collectively evaluated for impairment
|
|
|
531,854
|
|
|
1,147,536
|
|
|
880,357
|
|
|
61,775
|
|
|
2,621,522
|
|
|
Ending Balance acquired with deteriorated credit quality
|
|
|
—
|
|
|
7,256
|
|
|
1,698
|
|
|
—
|
|
|
8,954
|
|
|
Total ending loan balance excludes $7,342 of accrued interest
|
|
$
|
534,559
|
|
$
|
1,162,696
|
|
$
|
892,513
|
|
$
|
61,905
|
|
$
|
2,651,673
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
Commercial
|
|
Real Estate
|
|
Residential
|
|
Consumer
|
|
Total
|
|
|
Allowance for loan losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Balance individually evaluated for impairment
|
|
$
|
92
|
|
$
|
1,166
|
|
$
|
171
|
|
$
|
—
|
|
$
|
1,429
|
|
|
Ending Balance collectively evaluated for impairment
|
|
|
6,419
|
|
|
9,536
|
|
|
3,688
|
|
|
948
|
|
|
20,591
|
|
|
Total ending allowance balance
|
|
$
|
6,511
|
|
$
|
10,702
|
|
$
|
3,859
|
|
$
|
948
|
|
$
|
22,020
|
|
|
Loans
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Balance individually evaluated for impairment
|
|
$
|
812
|
|
$
|
8,909
|
|
$
|
9,155
|
|
$
|
113
|
|
$
|
18,989
|
|
|
Ending Balance collectively evaluated for impairment
|
|
|
444,852
|
|
|
916,975
|
|
|
717,918
|
|
|
56,658
|
|
|
2,136,403
|
|
|
Total ending loan balance excludes $5,878 of accrued interest
|
|
$
|
445,664
|
|
$
|
925,884
|
|
$
|
727,073
|
|
$
|
56,771
|
|
$
|
2,155,392
|
|
|
| Schedule of nonperforming loans |
|
|
|
|
|
|
|
|
|
|
December 31
|
|
2016
|
|
2015
|
|
|
Loans past due 90 days or more still on accrual
|
|
$
|
2,135
|
|
$
|
—
|
|
|
Troubled debt restructurings (accruing)
|
|
|
3,270
|
|
|
3,196
|
|
|
Non-accrual loans
|
|
|
15,808
|
|
|
12,843
|
|
|
Total
|
|
$
|
21,213
|
|
$
|
16,039
|
|
|
| Schedule of loans individually evaluated for impairment by class of loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance
|
|
|
|
|
|
|
|
|
|
|
Unpaid
|
|
|
|
|
for Loan
|
|
Interest
|
|
Cash Basis
|
|
|
|
|
Principal
|
|
Recorded
|
|
Losses
|
|
Income
|
|
Interest
|
|
|
December 31, 2016
|
|
Balance
|
|
Investment
|
|
Allocated
|
|
Recognized
|
|
Recognized
|
|
|
With an allowance recorded
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
719
|
|
$
|
689
|
|
$
|
429
|
|
$
|
—
|
|
$
|
—
|
|
|
Agricultural
|
|
|
1,441
|
|
|
1,441
|
|
|
469
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
1,106
|
|
|
1,105
|
|
|
360
|
|
|
—
|
|
|
—
|
|
|
Hotel
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Other
|
|
|
1,900
|
|
|
1,755
|
|
|
395
|
|
|
—
|
|
|
—
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
1,091
|
|
|
1,046
|
|
|
146
|
|
|
—
|
|
|
—
|
|
|
Home Equity
|
|
|
15
|
|
|
105
|
|
|
1
|
|
|
—
|
|
|
—
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Indirect
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Subtotal — impaired with allowance recorded
|
|
|
6,272
|
|
|
6,141
|
|
|
1,800
|
|
|
—
|
|
|
—
|
|
|
With no related allowance recorded
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
1,028
|
|
$
|
322
|
|
$
|
—
|
|
$
|
53
|
|
$
|
53
|
|
|
Agricultural
|
|
|
254
|
|
|
253
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
506
|
|
|
241
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Hotel
|
|
|
64
|
|
|
64
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
239
|
|
|
162
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Other
|
|
|
3,558
|
|
|
2,652
|
|
|
—
|
|
|
200
|
|
|
200
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
9,215
|
|
|
7,432
|
|
|
—
|
|
|
53
|
|
|
53
|
|
|
Home Equity
|
|
|
2,233
|
|
|
1,875
|
|
|
—
|
|
|
47
|
|
|
47
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
139
|
|
|
130
|
|
|
—
|
|
|
12
|
|
|
12
|
|
|
Indirect
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Subtotal — impaired with no allowance recorded
|
|
|
17,236
|
|
|
13,131
|
|
|
—
|
|
|
365
|
|
|
365
|
|
|
Total impaired loans
|
|
$
|
23,508
|
|
$
|
19,272
|
|
$
|
1,800
|
|
$
|
365
|
|
$
|
365
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance
|
|
|
|
|
|
|
|
|
|
|
Unpaid
|
|
|
|
|
for Loan
|
|
Interest
|
|
Cash Basis
|
|
|
|
|
Principal
|
|
Recorded
|
|
Losses
|
|
Income
|
|
Interest
|
|
|
December 31, 2015
|
|
Balance
|
|
Investment
|
|
Allocated
|
|
Recognized
|
|
Recognized
|
|
|
With an allowance recorded
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
150
|
|
$
|
150
|
|
$
|
92
|
|
$
|
—
|
|
$
|
—
|
|
|
Agricultural
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Hotel
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Other
|
|
|
2,480
|
|
|
2,363
|
|
|
1,166
|
|
|
—
|
|
|
—
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
1,357
|
|
|
1,309
|
|
|
167
|
|
|
—
|
|
|
—
|
|
|
Home Equity
|
|
|
159
|
|
|
159
|
|
|
4
|
|
|
—
|
|
|
—
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Indirect
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Subtotal — impaired with allowance recorded
|
|
|
4,146
|
|
|
3,981
|
|
|
1,429
|
|
|
—
|
|
|
—
|
|
|
With no related allowance recorded
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
676
|
|
$
|
655
|
|
$
|
—
|
|
$
|
34
|
|
$
|
34
|
|
|
Agricultural
|
|
|
7
|
|
|
7
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
496
|
|
|
309
|
|
|
—
|
|
|
12
|
|
|
12
|
|
|
Hotel
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
189
|
|
|
186
|
|
|
—
|
|
|
47
|
|
|
47
|
|
|
Other
|
|
|
4,429
|
|
|
3,291
|
|
|
—
|
|
|
160
|
|
|
160
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
6,718
|
|
|
5,391
|
|
|
—
|
|
|
49
|
|
|
49
|
|
|
Home Equity
|
|
|
2,589
|
|
|
2,296
|
|
|
—
|
|
|
17
|
|
|
17
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
126
|
|
|
113
|
|
|
—
|
|
|
18
|
|
|
18
|
|
|
Indirect
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
5
|
|
|
5
|
|
|
Subtotal — impaired with no allowance recorded
|
|
|
15,230
|
|
|
12,248
|
|
|
—
|
|
|
342
|
|
|
342
|
|
|
Total impaired loans
|
|
$
|
19,376
|
|
$
|
16,229
|
|
$
|
1,429
|
|
$
|
342
|
|
$
|
342
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance
|
|
|
|
|
|
|
|
|
|
|
Unpaid
|
|
|
|
|
for Loan
|
|
Interest
|
|
Cash Basis
|
|
|
|
|
Principal
|
|
Recorded
|
|
Losses
|
|
Income
|
|
Interest
|
|
|
December 31, 2014
|
|
Balance
|
|
Investment
|
|
Allocated
|
|
Recognized
|
|
Recognized
|
|
|
With an allowance recorded
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
82
|
|
$
|
64
|
|
$
|
12
|
|
$
|
—
|
|
$
|
—
|
|
|
Agricultural
|
|
|
397
|
|
|
150
|
|
|
150
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
76
|
|
|
76
|
|
|
21
|
|
|
—
|
|
|
—
|
|
|
Hotel
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Other
|
|
|
979
|
|
|
889
|
|
|
684
|
|
|
—
|
|
|
—
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
1,543
|
|
|
1,478
|
|
|
178
|
|
|
—
|
|
|
—
|
|
|
Home Equity
|
|
|
167
|
|
|
167
|
|
|
5
|
|
|
—
|
|
|
—
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Indirect
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Subtotal — impaired with allowance recorded
|
|
|
3,244
|
|
|
2,824
|
|
|
1,050
|
|
|
—
|
|
|
—
|
|
|
With no related allowance recorded
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
761
|
|
$
|
491
|
|
$
|
—
|
|
$
|
10
|
|
$
|
10
|
|
|
Agricultural
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
864
|
|
|
616
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Hotel
|
|
|
11,423
|
|
|
11,377
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
84
|
|
|
78
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Other
|
|
|
5,848
|
|
|
4,186
|
|
|
—
|
|
|
94
|
|
|
94
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
7,325
|
|
|
6,400
|
|
|
—
|
|
|
28
|
|
|
28
|
|
|
Home Equity
|
|
|
2,847
|
|
|
2,618
|
|
|
—
|
|
|
15
|
|
|
15
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
238
|
|
|
213
|
|
|
—
|
|
|
17
|
|
|
17
|
|
|
Indirect
|
|
|
7
|
|
|
7
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Subtotal — impaired with no allowance recorded
|
|
|
29,397
|
|
|
25,986
|
|
|
—
|
|
|
164
|
|
|
164
|
|
|
Total impaired loans
|
|
$
|
32,641
|
|
$
|
28,810
|
|
$
|
1,050
|
|
$
|
164
|
|
$
|
164
|
|
|
| Schedule of average recorded investment of impaired loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2016
|
|
2015
|
|
2014
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
805
|
|
$
|
1,165
|
|
$
|
308
|
|
|
Agricultural
|
|
|
998
|
|
|
31
|
|
|
195
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
933
|
|
|
401
|
|
|
875
|
|
|
Hotel
|
|
|
26
|
|
|
2,851
|
|
|
7,255
|
|
|
Construction and development
|
|
|
156
|
|
|
53
|
|
|
270
|
|
|
Other
|
|
|
4,800
|
|
|
5,734
|
|
|
9,259
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
1-4 family
|
|
|
7,642
|
|
|
7,362
|
|
|
8,062
|
|
|
Home equity
|
|
|
2,212
|
|
|
2,268
|
|
|
2,535
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
123
|
|
|
130
|
|
|
264
|
|
|
Indirect
|
|
|
—
|
|
|
1
|
|
|
6
|
|
|
Total loans
|
|
$
|
17,695
|
|
$
|
19,996
|
|
$
|
29,029
|
|
|
| Schedule of recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Past due over
|
|
|
|
|
|
|
|
|
|
|
90 days and
|
|
|
|
|
Non-accrual
|
still accruing
|
|
|
|
|
December 31, 2016
|
|
December 31, 2015
|
|
December 31, 2016
|
|
December 31, 2015
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
882
|
|
$
|
654
|
|
$
|
—
|
|
$
|
—
|
|
|
Agricultural
|
|
|
1,631
|
|
|
7
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
1,347
|
|
|
308
|
|
|
—
|
|
|
—
|
|
|
Hotel
|
|
|
64
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
122
|
|
|
144
|
|
|
2,135
|
|
|
—
|
|
|
Other
|
|
|
3,219
|
|
|
4,791
|
|
|
—
|
|
|
—
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
7,163
|
|
|
5,211
|
|
|
—
|
|
|
—
|
|
|
Home Equity
|
|
|
1,273
|
|
|
1,639
|
|
|
—
|
|
|
—
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
107
|
|
|
89
|
|
|
—
|
|
|
—
|
|
|
Indirect
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Total
|
|
$
|
15,808
|
|
$
|
12,843
|
|
$
|
2,135
|
|
$
|
—
|
|
|
| Schedule of aging of the recorded investment in past due loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Greater than
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
30-59 Days
|
|
60-89 Days
|
|
90 Days
|
|
Total
|
|
Loans Not
|
|
|
December 31, 2016
|
|
Loans
|
|
Past Due
|
|
Past Due
|
|
Past Due
|
|
Past Due
|
|
Past Due
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
461,092
|
|
$
|
—
|
|
$
|
—
|
|
$
|
176
|
|
$
|
176
|
|
$
|
460,916
|
|
|
Agricultural
|
|
|
73,467
|
|
|
215
|
|
|
—
|
|
|
1,606
|
|
|
1,821
|
|
|
71,646
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
111,807
|
|
|
81
|
|
|
—
|
|
|
1,243
|
|
|
1,324
|
|
|
110,483
|
|
|
Hotel
|
|
|
91,213
|
|
|
—
|
|
|
—
|
|
|
63
|
|
|
63
|
|
|
91,150
|
|
|
Construction and development
|
|
|
102,598
|
|
|
1,416
|
|
|
—
|
|
|
2,223
|
|
|
3,639
|
|
|
98,959
|
|
|
Other
|
|
|
857,078
|
|
|
1,268
|
|
|
90
|
|
|
1,812
|
|
|
3,170
|
|
|
853,908
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
608,366
|
|
|
4,884
|
|
|
2,002
|
|
|
3,262
|
|
|
10,148
|
|
|
598,218
|
|
|
Home Equity
|
|
|
284,147
|
|
|
830
|
|
|
137
|
|
|
914
|
|
|
1,881
|
|
|
282,266
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
61,574
|
|
|
936
|
|
|
—
|
|
|
66
|
|
|
1,002
|
|
|
60,572
|
|
|
Indirect
|
|
|
331
|
|
|
10
|
|
|
—
|
|
|
—
|
|
|
10
|
|
|
321
|
|
|
Total — excludes $7,342 of accrued interest
|
|
$
|
2,651,673
|
|
$
|
9,640
|
|
$
|
2,229
|
|
$
|
11,365
|
|
$
|
23,234
|
|
$
|
2,628,439
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Greater than
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
30-59 Days
|
|
60-89 Days
|
|
90 Days
|
|
Total
|
|
Loans Not
|
|
|
December 31, 2015
|
|
Loans
|
|
Past Due
|
|
Past Due
|
|
Past Due
|
|
Past Due
|
|
Past Due
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
380,960
|
|
$
|
93
|
|
$
|
—
|
|
$
|
249
|
|
$
|
342
|
|
$
|
380,618
|
|
|
Agricultural
|
|
|
64,704
|
|
|
20
|
|
|
—
|
|
|
7
|
|
|
27
|
|
|
64,677
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
97,916
|
|
|
—
|
|
|
—
|
|
|
119
|
|
|
119
|
|
|
97,797
|
|
|
Hotel
|
|
|
72,193
|
|
|
—
|
|
|
13
|
|
|
—
|
|
|
13
|
|
|
72,180
|
|
|
Construction and development
|
|
|
77,394
|
|
|
—
|
|
|
67
|
|
|
144
|
|
|
211
|
|
|
77,183
|
|
|
Other
|
|
|
678,381
|
|
|
873
|
|
|
102
|
|
|
2,601
|
|
|
3,576
|
|
|
674,805
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
|
438,808
|
|
|
3,726
|
|
|
1,904
|
|
|
2,771
|
|
|
8,401
|
|
|
430,407
|
|
|
Home Equity
|
|
|
288,265
|
|
|
410
|
|
|
446
|
|
|
1,133
|
|
|
1,989
|
|
|
286,276
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
|
56,312
|
|
|
40
|
|
|
65
|
|
|
68
|
|
|
173
|
|
|
56,139
|
|
|
Indirect
|
|
|
459
|
|
|
2
|
|
|
—
|
|
|
—
|
|
|
2
|
|
|
457
|
|
|
Total — excludes $5,878 of accrued interest
|
|
$
|
2,155,392
|
|
$
|
5,164
|
|
$
|
2,597
|
|
$
|
7,092
|
|
$
|
14,853
|
|
$
|
2,140,539
|
|
|
| Schedule of loans by class modified as troubled debt restructurings |
The following tables present loans by class modified as troubled debt restructurings that occurred during the year ending December 31, 2016, 2015 and 2014:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pre-Modification
|
|
Post-Modification
|
|
|
|
|
|
|
Outstanding Recorded
|
|
Outstanding Recorded
|
|
|
For the year ended December 31, 2016
|
|
Number of Loans
|
|
Investment
|
|
Investment
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
Agricultural
|
|
1
|
|
$
|
89
|
|
$
|
89
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
Other
|
|
2
|
|
|
298
|
|
|
298
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
1
|
|
|
124
|
|
|
124
|
|
|
Home Equity
|
|
4
|
|
|
76
|
|
|
76
|
|
|
Total
|
|
8
|
|
$
|
587
|
|
$
|
587
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pre-Modification
|
|
Post-Modification
|
|
|
|
|
|
|
Outstanding Recorded
|
|
Outstanding Recorded
|
|
|
For the year ended December 31, 2015
|
|
Number of Loans
|
|
Investment
|
|
Investment
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
3
|
|
$
|
216
|
|
$
|
216
|
|
|
Commercial real estate
|
|
|
|
|
|
|
|
|
|
|
Other
|
|
9
|
|
|
1,664
|
|
|
1,403
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
3
|
|
|
215
|
|
|
215
|
|
|
Home Equity
|
|
2
|
|
|
44
|
|
|
44
|
|
|
Total
|
|
17
|
|
$
|
2,139
|
|
$
|
1,878
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pre-Modification
|
|
Post-Modification
|
|
|
|
|
|
|
Outstanding Recorded
|
|
Outstanding Recorded
|
|
|
For the year ended December 31, 2014
|
|
Number of Loans
|
|
Investment
|
|
Investment
|
|
|
Commercial real estate
|
|
|
|
|
|
|
|
|
|
|
Hotel
|
|
2
|
|
$
|
15,362
|
|
$
|
11,550
|
|
|
Other
|
|
2
|
|
|
1,015
|
|
|
1,015
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
1-4 Family
|
|
5
|
|
|
628
|
|
|
628
|
|
|
Home Equity
|
|
1
|
|
|
34
|
|
|
34
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
1
|
|
|
26
|
|
|
26
|
|
|
Total
|
|
11
|
|
$
|
17,065
|
|
$
|
13,253
|
|
|
| Schedule of loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification |
The following tables present loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the years ending December 31, 2016, 2015 and 2014:
|
|
|
|
|
|
|
|
|
For the year ended December 31, 2016
|
|
Number of Loans
|
|
Recorded Investment
|
|
|
Commercial real estate
|
|
|
|
|
|
|
|
Other
|
|
2
|
|
$
|
149
|
|
|
Residential
|
|
|
|
|
|
|
|
1-4 Family
|
|
2
|
|
|
250
|
|
|
Home equity
|
|
1
|
|
|
10
|
|
|
Total
|
|
5
|
|
$
|
409
|
|
|
|
|
|
|
|
|
|
|
For the year ended December 31, 2015
|
|
Number of Loans
|
|
Recorded Investment
|
|
|
Commercial real estate
|
|
|
|
|
|
|
|
Other
|
|
3
|
|
$
|
863
|
|
|
Residential
|
|
|
|
|
|
|
|
1-4 Family
|
|
2
|
|
|
232
|
|
|
Home Equity
|
|
2
|
|
|
88
|
|
|
Total
|
|
7
|
|
$
|
1,183
|
|
|
|
|
|
|
|
|
|
|
For the year ended December 31, 2014
|
|
Number of Loans
|
|
Recorded Investment
|
|
|
Commercial real estate
|
|
|
|
|
|
|
|
Other
|
|
1
|
|
$
|
1,431
|
|
|
Residential
|
|
|
|
|
|
|
|
1-4 Family
|
|
2
|
|
|
102
|
|
|
Home Equity
|
|
1
|
|
|
14
|
|
|
Total
|
|
4
|
|
$
|
1,547
|
|
|
| Schedule of risk category of loans by class of loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Special
|
|
|
|
|
|
|
|
|
December 31, 2016
|
|
Pass
|
|
Mention
|
|
Substandard
|
|
Non-accrual
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
415,064
|
|
$
|
3,347
|
|
$
|
5,297
|
|
$
|
827
|
|
|
Agricultural
|
|
|
61,637
|
|
|
2,283
|
|
|
—
|
|
|
1,441
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
89,297
|
|
|
2,209
|
|
|
694
|
|
|
1,340
|
|
|
Hotel
|
|
|
88,166
|
|
|
—
|
|
|
2,983
|
|
|
64
|
|
|
Construction and development
|
|
|
74,811
|
|
|
3,600
|
|
|
2,287
|
|
|
31
|
|
|
Other
|
|
|
752,063
|
|
|
9,087
|
|
|
7,365
|
|
|
2,141
|
|
|
Total
|
|
$
|
1,481,038
|
|
$
|
20,526
|
|
$
|
18,626
|
|
$
|
5,844
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Special
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
Pass
|
|
Mention
|
|
Substandard
|
|
Non-accrual
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
338,436
|
|
$
|
8,324
|
|
$
|
636
|
|
$
|
555
|
|
|
Agricultural
|
|
|
58,253
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
75,924
|
|
|
328
|
|
|
713
|
|
|
308
|
|
|
Hotel
|
|
|
72,193
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Construction and development
|
|
|
60,246
|
|
|
—
|
|
|
2,499
|
|
|
113
|
|
|
Other
|
|
|
576,619
|
|
|
10,367
|
|
|
3,309
|
|
|
3,811
|
|
|
Total
|
|
$
|
1,181,671
|
|
$
|
19,019
|
|
$
|
7,157
|
|
$
|
4,787
|
|
|
| Schedule of performing/non performing loans by category of loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2016
|
|
Performing
|
|
Watch
|
|
Substandard
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
36,502
|
|
$
|
—
|
|
$
|
55
|
|
|
Agricultural
|
|
|
7,916
|
|
|
—
|
|
|
190
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
Farm
|
|
|
18,260
|
|
|
—
|
|
|
7
|
|
|
Construction and development
|
|
|
21,778
|
|
|
—
|
|
|
91
|
|
|
Other
|
|
|
85,254
|
|
|
90
|
|
|
1,078
|
|
|
Total
|
|
$
|
169,710
|
|
$
|
90
|
|
$
|
1,421
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
Performing
|
|
Watch
|
|
Substandard
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial
|
|
$
|
32,910
|
|
$
|
—
|
|
$
|
99
|
|
|
Agricultural
|
|
|
6,444
|
|
|
—
|
|
|
7
|
|
|
Commercial Real Estate
|
|
|
|
|
|
|
|
|
|
|
|
Construction and development
|
|
|
14,438
|
|
|
67
|
|
|
31
|
|
|
Farm
|
|
|
20,643
|
|
|
—
|
|
|
—
|
|
|
Other
|
|
|
83,193
|
|
|
102
|
|
|
980
|
|
|
Total
|
|
$
|
157,628
|
|
$
|
169
|
|
$
|
1,117
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2016
|
|
Performing
|
|
Watch
|
|
Substandard
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
1-4 family
|
|
$
|
603,102
|
|
$
|
2,002
|
|
$
|
3,262
|
|
|
Home equity
|
|
|
283,096
|
|
|
137
|
|
|
914
|
|
|
Total
|
|
$
|
886,198
|
|
$
|
2,139
|
|
$
|
4,176
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
Performing
|
|
Watch
|
|
Substandard
|
|
|
Residential
|
|
|
|
|
|
|
|
|
|
|
|
1-4 family
|
|
$
|
434,133
|
|
$
|
1,904
|
|
$
|
2,771
|
|
|
Home equity
|
|
|
286,686
|
|
|
446
|
|
|
1,133
|
|
|
Total
|
|
$
|
720,819
|
|
$
|
2,350
|
|
$
|
3,904
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2016
|
|
Performing
|
|
Substandard
|
|
Loss
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
$
|
61,508
|
|
$
|
4
|
|
$
|
62
|
|
|
Indirect
|
|
|
331
|
|
|
—
|
|
|
—
|
|
|
Total
|
|
$
|
61,839
|
|
$
|
4
|
|
$
|
62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
Performing
|
|
Substandard
|
|
Loss
|
|
|
Consumer
|
|
|
|
|
|
|
|
|
|
|
|
Direct
|
|
$
|
56,179
|
|
$
|
101
|
|
$
|
32
|
|
|
Indirect
|
|
|
459
|
|
|
—
|
|
|
—
|
|
|
Total
|
|
$
|
56,638
|
|
$
|
101
|
|
$
|
32
|
|
|
| Financing receivables purchased and/or sold, by portfolio segment |
The following table presents financing receivables purchased and/or sold during the year by portfolio segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
2016
|
|
Commercial
|
|
Real Estate
|
|
Residential
|
|
Consumer
|
|
Total
|
|
Purchases
|
|
$
|
14,241
|
|
$
|
138,896
|
|
$
|
201,397
|
|
$
|
809
|
|
$
|
355,343
|
|
Sales
|
|
|
|
|
|
|
|
|
256,946
|
|
|
|
|
|
256,946
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
|
|
|
|
|
|
|
|
|
2015
|
|
Commercial
|
|
Real Estate
|
|
Residential
|
|
Consumer
|
|
Total
|
|
Purchases
|
|
$
|
2,761
|
|
$
|
4,484
|
|
$
|
28,090
|
|
$
|
1,785
|
|
$
|
37,120
|
|
Sales
|
|
|
|
|
|
|
|
|
243,230
|
|
|
|
|
|
243,230
|
|
| Carrying amount of purchased credit impaired loans |
|
|
|
|
|
|
|
|
|
|
2016
|
|
|
2015
|
|
Commercial
|
$
|
10,817
|
|
$
|
240
|
|
1-4 Family
|
|
2,399
|
|
|
31
|
|
Outstanding Balance
|
$
|
13,216
|
|
$
|
271
|
|
|
|
|
|
|
|
|
Carrying amount, net of allowance of $0 and $0
|
$
|
8,954
|
|
$
|
212
|
|
| Purchased credit impaired loans for which it was probable that all contractually required payments would not be collected |
|
|
|
|
|
|
|
|
|
|
|
|
2016
|
|
|
2015
|
|
2014
|
|
Contractually required payments receivable of
|
|
|
|
|
|
|
|
|
loans purchased during the year:
|
|
|
|
|
|
|
|
|
Commercial
|
$
|
12,907
|
|
$
|
—
|
$
|
1,005
|
|
1-4 Family
|
|
3,268
|
|
|
—
|
|
33
|
|
|
$
|
16,175
|
|
$
|
—
|
$
|
1,038
|
|
|
|
|
|
|
|
|
|
|
Fair value of acquired loans at acquisition
|
$
|
11,560
|
|
$
|
—
|
$
|
604
|
|