v3.25.2
LOANS AND ALLOWANCE FOR CREDIT LOSSES
 6 Months Ended
Jun. 30, 2025
Credit Loss [Abstract]  
LOANS AND ALLOWANCE FOR CREDIT LOSSES LOANS AND ALLOWANCE FOR CREDIT LOSSES
The composition of the loan portfolio, net of deferred origination fees and costs, is summarized as follows (in thousands):
June 30, 2025December 31, 2024
Commercial and industrial$294,474 $299,521 
Commercial mortgages:
Construction98,504 94,943 
Owner occupied commercial real estate161,432 142,279 
Non-owner occupied commercial real estate1,037,589 979,782 
Residential mortgages278,221 274,979 
Consumer loans:
Home equity lines and loans101,505 93,220 
Indirect consumer loans153,324 178,118 
Direct consumer loans7,365 8,577 
Total loans, net of deferred loan fees and costs2,132,414 2,071,419 
Allowance for credit losses(22,665)(21,388)
Loans, net$2,109,749 $2,050,031 
The Corporation's concentrations of credit risk by loan type are reflected in the preceding table. The concentrations of credit risk with standby letters of credit, committed lines of credit, and commitments to originate new loans generally follow the loan classifications in the table above.
Accrued interest receivable on loans totaled $8.1 million as of June 30, 2025 and $8.0 million as of December 31, 2024. Accrued interest receivable on loans is included in the accrued interest receivable and other assets line item on the Corporation's Consolidated Balance Sheets, and is excluded from the amortized cost basis of loans and estimate of the allowance for credit losses, as presented in this Note.
Owner occupied commercial real estate and non-owner occupied commercial real estate were previously presented as a combined loan category, commercial mortgages, other. Prior period information included in this Note has been disaggregated to reflect these standalone categories. The previously presented commercial mortgages, other loan category totaled $1.20 billion and $1.12 billion as of June 30, 2025 and December 31, 2024, respectively.
During the three month period ended June 30, 2025, the Corporation transferred $2.1 million in commercial credit card balances from loans held for investment to loans held for sale, following management's decision to pursue a sale of its commercial credit card receivables. These balances were previously included in the commercial and industrial loan category, as presented in the table above, and are included in the loans held for sale line item on the Corporation's Consolidated Balance Sheets. Loans held for sale are excluded from the amortized cost basis of loans, as presented in this Note.
The following tables present the activity in the allowance for credit losses by portfolio segment for the three and six month periods ended June 30, 2025 and 2024 (in thousands):
Three Months Ended June 30, 2025
Allowance for credit lossesCommercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotal
Beginning balance, April 1, 2025$5,153 $12,089 $2,473 $2,807 $22,522 
Charge-offs(772)— — (348)(1,120)
Recoveries4 1 5 118 128 
Net recoveries (charge-offs)(768)1 5 (230)(992)
Provision (1)
139 624 119 253 1,135 
Ending balance, June 30, 2025
$4,524 $12,714 $2,597 $2,830 $22,665 
(1)Additional provision related to off-balance sheet exposure was $10 thousand for the three months ended June 30, 2025.
Three Months Ended June 30, 2024
Allowance for credit lossesCommercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotal
Beginning balance, April 1, 2024$4,516 $10,367 $2,062 $3,526 $20,471 
Charge-offs— — (3)(446)(449)
Recoveries13 1 26 103 143 
Net recoveries (charge-offs)13 1 23 (343)(306)
Provision (1)
365 162 21 318 866 
Ending balance, June 30, 2024
$4,894 $10,530 $2,106 $3,501 $21,031 
(1)Additional provision related to off-balance sheet exposure was $13 thousand for the three months ended June 30, 2024.

Six Months Ended June 30, 2025
Allowance for credit lossesCommercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotal
Beginning balance, January 1, 2025$4,520 $11,214 $2,259 $3,395 $21,388 
Charge-offs(777)— — (742)(1,519)
Recoveries9 2 10 244 265 
Net recoveries (charge-offs)(768)2 10 (498)(1,254)
Provision (credit) (1)
772 1,498 328 (67)2,531 
Ending balance, June 30, 2025
$4,524 $12,714 $2,597 $2,830 $22,665 
(1)Additional provision related to off-balance sheet exposure was a $294 thousand credit for the six months ended June 30, 2025.

Six Months Ended June 30, 2024
Allowance for credit lossesCommercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotal
Beginning balance, January 1, 2024$5,055 $12,026 $2,194 $3,242 $22,517 
Charge-offs— — (19)(797)(816)
Recoveries50 2 49 227 328 
Net recoveries (charge-offs)50 2 30 (570)(488)
Provision (1)
(211)(1,498)(118)829 (998)
Ending balance, June 30, 2024
$4,894 $10,530 $2,106 $3,501 $21,031 
(1)Additional provision related to off-balance sheet exposure was a $163 thousand credit for the six months ended June 30, 2024.

The Corporation performs an annual update to the loss drivers used in modeling its estimate of the allowance for credit losses. Annual updates for the model were completed during the three month periods ended March 31, 2025 and 2024.

Unfunded Commitments
The allowance for credit losses on unfunded commitments is recognized as a liability, and included in the accrued interest payable and other liabilities line item on the Corporation's Consolidated Balance Sheets, with adjustments to the allowance recognized in the provision for credit losses on the Consolidated Statements of Income. The Corporation established an allowance for credit losses on unfunded commitments in conjunction with its adoption of ASC 326-Financial Instruments-Credit Losses.
The following table presents the activity in the allowance for credit losses on unfunded commitments for the three and six month periods ended June 30, 2025 and 2024 (in thousands):
For the Three Months EndedFor the Six Months Ended
Allowance for credit losses on unfunded commitments June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Beginning balance $538 $743 $842 $919 
Provision for credit losses on unfunded commitments 10 13 (294)(163)
Ending balance $548 $756 $548 $756 

The following table presents the provision for credit losses on loans and unfunded commitments for the three and six month periods ended June 30, 2025 and 2024 (in thousands):
For the Three Months EndedFor the Six Months Ended
Provision for credit lossesJune 30, 2025June 30, 2024June 30, 2025June 30, 2024
Provision for credit losses on loans $1,135 $866 $2,531 $(998)
Provision for credit losses on unfunded commitments 10 13 (294)(163)
Total provision for credit losses$1,145 $879 $2,237 $(1,161)

The following tables present the balance in the allowance for credit losses by portfolio segment, as of June 30, 2025 and December 31, 2024 (in thousands):
 June 30, 2025
Allowance for credit lossesCommercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotal
Ending allowance balance attributable to loans:
Individually analyzed$700 $158 $— $— $858 
Collectively analyzed3,824 12,556 2,597 2,830 21,807 
   Total ending allowance balance$4,524 $12,714 $2,597 $2,830 $22,665 

 December 31, 2024
Allowance for credit lossesCommercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotals
Ending allowance balance attributable to loans:
Individually analyzed$1,446 $106 $— $— $1,552 
Collectively analyzed3,074 11,108 2,259 3,395 19,836 
Total ending allowance balance$4,520 $11,214 $2,259 $3,395 $21,388 

The following tables present the amortized cost basis of loans by portfolio segment, as of June 30, 2025 and December 31, 2024 (in thousands):
 June 30, 2025
Amortized cost basis of loans:Commercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotal
Individually analyzed $861 $3,767 $— $353 $4,981 
Collectively analyzed293,613 1,293,758 278,221 261,841 2,127,433 
   Total ending loans balance$294,474 $1,297,525 $278,221 $262,194 $2,132,414 
 December 31, 2024
Amortized cost basis of loans:Commercial and IndustrialCommercial MortgagesResidential MortgagesConsumer LoansTotal
Individually analyzed$1,512 $4,959 $— $— $6,471 
Collectively analyzed298,009 1,212,045 274,979 279,915 2,064,948 
Total ending loans balance$299,521 $1,217,004 $274,979 $279,915 $2,071,419 


Modifications to Loans Made to Borrowers Experiencing Financial Difficulty
The Corporation may occasionally make modifications to loans where the borrower is considered to be experiencing financial difficulty, and which may require disclosure in accordance with Financial Instruments-Credit Losses (Topic 326)-Troubled Debt Restructurings and Vintage Disclosures. Types of modifications considered under ASU 2022-02 include principal reductions, interest rate reductions, term extensions, significant payment delays, or a combination thereof.

There were no loan modifications to borrowers experiencing financial difficulty during the three and six month periods ended June 30, 2025.

The following tables summarize the amortized cost basis of loans modified during the three and six month periods ended June 30, 2024 (in thousands):

Three Months Ended June 30, 2024
Loans modified under ASU 2022-02:Principal ReductionInterest Rate ReductionTerm ExtensionPayment DelayCombinationTotal
(%) of Loan Class (1)
Residential mortgages— — — 440 — 440 0.16 %
Total$— $— $— $440 $— $440 
(1) Represents amortized cost basis of loans modified during the period as a percentage of the period-end loan balances by class.


Six Months Ended June 30, 2024
Loans modified under ASU 2022-02:Principal ReductionInterest Rate ReductionTerm ExtensionPayment DelayCombinationTotal
(%) of Loan Class (1)
Residential mortgages— — — 440 — 440 0.16 %
Total$— $— $— $440 $— $440 
(1) Represents amortized cost basis of loans modified during the period as a percentage of the period-end loan balances by class.
The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty during the three and six month periods ended June 30, 2024 (in thousands):


Three Months Ended June 30, 2024
Effect of loan modifications under ASU 2022-02:Principal Reduction
(in thousands)		Weighted-average interest rate reduction (%)Weighted-average term extension
(in months)		Weighted-average payment delay
(in months)
Residential mortgages$——%06
Six Months Ended June 30, 2024
Effect of loan modifications under ASU 2022-02:Principal Reduction
(in thousands)		Weighted-average interest rate reduction (%)Weighted-average term extension
(in months)		Weighted-average payment delay
(in months)
Residential mortgages$——%06


There were no loans that experienced a payment default within twelve months of modification during the three and six month periods ended June 30, 2025. There were no loans that experienced a payment default within twelve months of modification during the three month period ended June 30, 2024. During the six month period ended June 30, 2024, the Corporation had one loan, a commercial and industrial loan which was given a six month term extension during the three month period ended September 30, 2023, which experienced a payment default within twelve months of modification. The remaining balance on this loan was charged-off during the three and six month periods ended June 30, 2025, totaling $0.7 million.

The Corporation had no outstanding commitments to lend additional amounts to borrowers for which modifications subject to ASU 2022-02 were made during the three and six month periods ended June 30, 2025 and June 30, 2024.

The Corporation monitors the performance of loans that have previously been modified under the guidance of ASU 2022-02 in order to gauge the effectiveness of modifications, and to determine the degree to which borrowers continue to demonstrate financial weakness following modification. The following tables present the performance of such loans that were modified in the twelve month periods preceding June 30, 2025 and June 30, 2024 (in thousands):

Twelve Months Ended June 30, 2025
Past Due Status of Modifications under ASU 2022-02:30-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueLoans Not Past Due Total
Commercial and industrial$— $— $— $351 $351 
Commercial mortgages:
Owner occupied commercial real estate— — — 372 372 
Total$— $— $— $723 $723 

Twelve Months Ended June 30, 2024
Past Due Status of Modifications under ASU 2022-02:30-59 Days Past Due60-89 Days Past DueGreater Than 89 Days Past DueLoans Not Past Due Total
Commercial and industrial$— $— $675 $121 $796 
Residential mortgages— — 440 — 440 
Consumer loans:
Home equity lines and loans— — — 116 116 
Total$— $— $1,115 $237 $1,352 
Collateral-Dependent Individually Analyzed Loans
As of June 30, 2025, the amortized cost basis of individually analyzed loans totaled $5.0 million, of which $4.2 million were considered collateral-dependent, and as of December 31, 2024, the amortized cost basis of individually analyzed loans totaled $6.5 million, of which $5.1 million were considered collateral-dependent. For collateral-dependent loans where the borrower is experiencing financial difficulty and repayment is likely to be substantially provided through the sale or operation of the collateral, the allowance for credit losses is measured based on the difference between the fair value of the collateral and the amortized cost basis of the loan as of the measurement date.
Certain assets held as collateral may be exposed to future deterioration in fair value, particularly due to changes in real estate markets or usage. The Corporation closely monitors trends in real estate values throughout its market area to determine whether collateral values, after appropriate discounting, are likely to be sufficient to extinguish existing borrower indebtedness.

The following table presents the amortized cost basis and related allowance for credit loss of individually analyzed loans considered to be collateral-dependent as of June 30, 2025 and December 31, 2024 (in thousands):
June 30, 2025December 31, 2024
Amortized Cost BasisRelated AllowanceAmortized Cost BasisRelated Allowance
Commercial and industrial (3)
$52 $— $130 $65 
Commercial mortgages:
Owner occupied commercial real estate (1) (2)
1,307 9 1,377 15 
Non-owner occupied commercial real estate (1) (2)
2,460 149 3,582 91 
Consumer loans:
Home equity lines and loans (2)
353 — — — 
Total$4,172 $158 $5,089 $171 
(1) Secured by commercial real estate.
(2) Secured by residential real estate.
(3) Secured by business assets.
The following table presents the amortized cost basis of nonaccrual loans without an associated allocation in the allowance for credit losses, total nonaccrual loans, and loans past due greater than 90 days and still accruing, by class of loan as of June 30, 2025 and December 31, 2024 (in thousands):

Nonaccrual with No Allowance for Credit LossesNonaccrualLoans Past Due 90 Days or More and Still Accruing
June 30, 2025December 31, 2024June 30, 2025December 31, 2024June 30, 2025December 31, 2024
Commercial and industrial$70 $76 $879 $1,534 $— $23 
Commercial mortgages:
Construction— — — — — — 
Owner occupied
commercial real estate		1,298 1,362 1,307 1,377 — — 
Non-owner occupied commercial real estate293 2,619 2,460 3,582 — — 
Residential mortgages1,837 1,372 1,837 1,372 — — 
Consumer loans:
Home equity lines and loans1,012 613 1,012 613 — — 
Indirect consumer loans701 474 703 474 — — 
Direct consumer loans39 2 39 2 — — 
Total$5,250 $6,518 $8,237 $8,954 $— $23 

There was an immaterial amount of interest income recognized on nonaccrual loans for the three and six month periods ended June 30, 2025 and 2024. Payments received on nonaccrual loans are generally applied to principal using the cost recovery method.

The following tables present the aging of the amortized cost basis of loans as of June 30, 2025 and December 31, 2024 (in thousands):
June 30, 2025
 30 - 59 Days Past Due60 - 89 Days Past Due90 Days or More Past DueTotal Past DueLoans Not Past DueTotal
Commercial and industrial$6 $— $207 $213 $294,261 $294,474 
Commercial mortgages: 
Construction— — — — 98,504 98,504 
Owner occupied
commercial real estate		— 312 96 408 161,024 161,432 
Non-owner occupied
commercial real estate		52 — 2,298 2,350 1,035,239 1,037,589 
Residential mortgages1,275 425 785 2,485 275,736 278,221 
Consumer loans: 
Home equity lines and loans828 3 194 1,025 100,480 101,505 
Indirect consumer loans1,846 255 246 2,347 150,977 153,324 
Direct consumer loans21 7 13 41 7,324 7,365 
Total$4,028 $1,002 $3,839 $8,869 $2,123,545 $2,132,414 
December 31, 2024
 30 - 59 Days Past Due60 - 89 Days Past Due90 Days or More Past DueTotal Past DueLoans Not Past DueTotal
Commercial and industrial$140 $201 $702 $1,043 $298,478 $299,521 
Commercial mortgages: 
Construction— — — — 94,943 94,943 
Owner occupied
commercial real estate		82 — 96 178 142,101 142,279 
Non-owner occupied
commercial real estate		950 — 3,162 4,112 975,670 979,782 
Residential mortgages1,529 662 696 2,887 272,092 274,979 
Consumer loans: 
Home equity lines and loans231 — 364 595 92,625 93,220 
Indirect consumer loans2,101 719 235 3,055 175,063 178,118 
Direct consumer loans14 6 1 21 8,556 8,577 
Total$5,047 $1,588 $5,256 $11,891 $2,059,528 $2,071,419 




Credit Quality Indicators

The Corporation establishes a risk rating at origination for all commercial loans. The primary factors considered in assigning risk ratings include, but are not limited to: historic and future debt service coverage, collateral position, operating performance, liquidity, leverage, payment history, management ability, and the customer’s industry. Commercial relationship managers monitor all loans in their respective portfolios for any changes in the borrower’s ability to service its debt and affirm the risk ratings for the loans at least annually.

For retail loans, which include residential mortgages, indirect and direct consumer loans, and home equity lines and loans, once a loan is properly approved and closed, the Corporation evaluates credit quality based upon loan repayment. Retail loans that have been modified subject to ASU 2022-02, but are otherwise performing, are assigned a risk rating of Special Mention, as defined below. Retail loans are not rated until they become 90 days past due, or are modified under ASU 2022-02.

The Corporation uses the risk rating system to identify criticized and classified loans. Commercial relationships within the criticized and classified risk ratings are analyzed quarterly.  The Corporation uses the following definitions for criticized and classified loans (which are consistent with regulatory guidelines):

Special Mention – Loans classified as special mention have a potential weakness that deserves management’s close attention.  If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date.

Substandard – Loans classified as substandard are inadequately protected by the current net worth and paying capability of the obligor or of the collateral pledged, if any.  Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt.  They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful – Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.

Commercial loans not meeting the criteria above to be considered criticized or classified, are considered to be pass rated loans. Loans listed as not rated, are included in groups of homogeneous loans performing under terms of the loan notes.
Based on the analyses performed as of June 30, 2025, the amortized cost basis of loans by class, risk category, and vintage, as well as gross charge-offs by class and vintage for the six month period ended June 30, 2025, were as follows (in thousands):

Term Loans Amortized Cost by Origination YearRevolving Loans Amortized CostRevolving Loans Converted to TermTotal
20252024202320222021Prior
Commercial & industrial
Pass$28,884 $37,956 $28,045 $29,161 $14,812 $20,222 $107,196 $2,628 $268,904 
Special mention426 639 537 2,463 475 7,966 6,435 2,658 21,599 
Substandard — 351 — — 55 — 2,722 106 3,234 
Doubtful— 20 — — — 620 — 97 737 
Total29,310 38,966 28,582 31,624 15,342 28,808 116,353 5,489 294,474 
Gross charge-offs — — — — 772 — 5 — 777 
Construction
Pass8,170 27,518 37,422 14,542 8,938 1,431 483 — 98,504 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total8,170 27,518 37,422 14,542 8,938 1,431 483 — 98,504 
Gross charge-offs— — — — — — — — — 
Owner occupied commercial real estate
Pass 21,793 23,730 17,881 23,948 13,836 37,041 888 47 139,164 
Special mention1,215 — 4,924 2,290 6,660 2,945 2,000 — 20,034 
Substandard— — 96 820 312 997 — — 2,225 
Doubtful— — — — — 9 — — 9 
Total23,008 23,730 22,901 27,058 20,808 40,992 2,888 47 161,432 
Gross charge-offs— — — — — — — — — 
Non-owner occupied commercial real estate
Pass72,030 101,031 114,898 263,157 139,692 309,743 7,391 751 1,008,693 
Special mention2,050 — 3,571 7,652 7,587 5,106 — — 25,966 
Substandard— — 2,167 137 — 626 — — 2,930 
Doubtful— — — — — — — — — 
Total74,080 101,031 120,636 270,946 147,279 315,475 7,391 751 1,037,589 
Gross charge-offs— — — — — — — — — 
Residential mortgages
Not rated14,660 23,986 19,916 53,158 52,883 111,654 — — 276,257 
Substandard — — — 221 563 1,180 — — 1,964 
Total 14,660 23,986 19,916 53,379 53,446 112,834 — — 278,221 
Gross charge-offs— — — — — — — — — 
Home equity lines and loans
Not rated4,695 12,961 9,502 12,242 4,486 11,535 43,674 1,283 100,378 
Special mention— — — 114 — — — — 114 
Substandard — — 47 170 — 188 94 514 1,013 
Total4,695 12,961 9,549 12,526 4,486 11,723 43,768 1,797 101,505 
Gross charge-offs— — — — — — — — — 
Indirect consumer
Not rated11,794 32,204 42,264 53,045 9,286 4,007 — — 152,600 
Substandard — 153 272 188 56 55 — — 724 
Total11,794 32,357 42,536 53,233 9,342 4,062 — — 153,324 
Gross charge-offs— 97 329 168 67 35 — — 696 
Direct consumer
Not rated1,013 1,793 1,124 941 127 199 2,144 5 7,346 
Substandard— 8 — — — — 10 1 19 
Total 1,013 1,801 1,124 941 127 199 2,154 6 7,365 
Gross charge-offs— 12 16 4 3 — 11 — 46 
Total loans $166,730 $262,350 $282,666 $464,249 $259,768 $515,524 $173,037 $8,090 $2,132,414 
Total gross charge-offs$— $109 $345 $172 $842 $35 $16 $— $1,519 
Based on the analyses performed as of December 31, 2024, the amortized cost basis of loans by class, risk category, and vintage, as well as gross charge-offs by class and vintage for the year ended December 31, 2024, were as follows (in thousands):
Term Loans Amortized Cost by Origination YearRevolving Loans Amortized CostRevolving Loans Converted to TermTotal
20242023202220212020Prior
Commercial & industrial
Pass$44,130 $32,157 $34,862 $16,787 $8,326 $27,452 $108,819 $1,380 $273,913 
Special mention810 262 3,933 — 4,390 3,673 10,203 62 23,333 
Substandard 99 — 8 733 30 — 379 318 1,567 
Doubtful21 — — — — 687 — — 708 
Total45,060 32,419 38,803 17,520 12,746 31,812 119,401 1,760 299,521 
Gross charge-offs — 84 200 6 — — 12 — 302 
Construction
Pass19,344 46,954 17,568 9,058 — 1,536 483 — 94,943 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total19,344 46,954 17,568 9,058 — 1,536 483 — 94,943 
Gross charge-offs— — — — — — — — — 
Owner occupied commercial real estate
Pass 23,196 23,185 26,945 20,979 9,513 31,222 97 55 135,192 
Special mention— 370 — 109 — 2,206 2,000 — 4,685 
Substandard— 96 863 321 — 1,107 — — 2,387 
Doubtful— — — — — 15 — — 15 
Total23,196 23,651 27,808 21,409 9,513 34,550 2,097 55 142,279 
Gross charge-offs— — — — — — — — — 
Non-owner occupied commercial real estate
Pass97,155 109,354 267,280 141,864 97,828 233,084 6,696 777 954,038 
Special mention— — 5,935 7,793 — 7,833 — — 21,561 
Substandard— 2,148 146 — 1,014 875 — — 4,183 
Doubtful— — — — — — — — — 
Total97,155 111,502 273,361 149,657 98,842 241,792 6,696 777 979,782 
Gross charge-offs— — — — — — — — — 
Residential mortgages
Not rated21,574 20,257 55,321 55,152 64,471 56,708 — — 273,483 
Substandard — — 85 771 220 420 — — 1,496 
Total 21,574 20,257 55,406 55,923 64,691 57,128 — — 274,979 
Gross charge-offs— — — — — 21 — — 21 
Home equity lines and loans
Not rated13,833 10,657 14,094 4,879 2,503 10,259 35,015 1,252 92,492 
Special mention— — 115 — — — — — 115 
Substandard — 24 63 — — 195 116 215 613 
Total13,833 10,681 14,272 4,879 2,503 10,454 35,131 1,467 93,220 
Gross charge-offs— — 1 — — 11 1 — 13 
Indirect consumer
Not rated37,746 52,480 67,237 13,266 4,194 2,726 — — 177,649 
Substandard 75 157 107 79 11 40 — — 469 
Total37,821 52,637 67,344 13,345 4,205 2,766 — — 178,118 
Gross charge-offs47 517 525 161 99 116 — — 1,465 
Direct consumer
Not rated2,420 1,681 1,454 275 41 225 2,455 14 8,565 
Substandard— — — — — — 10 2 12 
Total 2,420 1,681 1,454 275 41 225 2,465 16 8,577 
Gross charge-offs5 21 20 14 — 4 8 — 72 
Total loans $260,403 $299,782 $496,016 $272,066 $192,541 $380,263 $166,273 $4,075 $2,071,419 
Total gross charge-offs$52 $622 $746 $181 $99 $152 $21 $— $1,873