v3.26.1
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY (Tables)
 6 Months Ended
Jun. 30, 2026
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY  
Schedule of Activity in the Allowance for Credit Losses by Portfolio Segment
The following tables present the activity in the allowance for credit losses by portfolio segment for the periods shown:
(dollars in thousands)Commercial and IndustrialCommercial Real Estate and Multifamily ResidentialAgri-business and AgriculturalOther CommercialConsumer 1-4 Family MortgageOther ConsumerUnallocatedTotal
Three Months Ended June 30, 2026                
Beginning balance, April 1$28,053 $30,618 $3,421 $815 $4,185 $1,797 $25 $68,914 
Provision for credit losses672 (53)(163)267 129 283 573 1,708 
Loans charged-off(94)0 0 0 (47)(290)0 (431)
Recoveries121 90 0 0 99 97 0 407 
Net loans (charged-off) recovered27 90 0 0 52 (193)0 (24)
Ending balance$28,752 $30,655 $3,258 $1,082 $4,366 $1,887 $598 $70,598 
(dollars in thousands)Commercial and IndustrialCommercial Real Estate and Multifamily ResidentialAgri-business and AgriculturalOther CommercialConsumer 1-4 Family MortgageOther ConsumerUnallocatedTotal
Three Months Ended June 30, 2025                
Beginning balance, April 1$52,302 $30,468 $3,500 $723 $3,464 $1,517 $459 $92,433 
Provision for credit losses2,148 588 (201)(3)294 233 (59)3,000 
Loans charged-off(28,616)0 0 0 (198)(297)0 (29,111)
Recoveries48 26 0 0 30 126 0 230 
Net loans (charged-off) recovered(28,568)26 0 0 (168)(171)0 (28,881)
Ending balance$25,882 $31,082 $3,299 $720 $3,590 $1,579 $400 $66,552 
(dollars in thousands)Commercial and IndustrialCommercial Real Estate and Multifamily ResidentialAgri-business and AgriculturalOther CommercialConsumer 1-4 Family MortgageOther ConsumerUnallocatedTotal
Six Months Ended June 30, 2026
                
Beginning balance, January 1$28,436 $30,163 $3,315 $1,041 $3,996 $1,719 $325 $68,995 
Provision for credit losses2,259 376 (57)41 376 440 273 3,708 
Loans charged-off(2,080)0 0 0 (112)(435)0 (2,627)
Recoveries137 116 0 0 106 163 0 522 
Net loans (charged-off) recovered(1,943)116 0 0 (6)(272)0 (2,105)
Ending balance$28,752 $30,655 $3,258 $1,082 $4,366 $1,887 $598 $70,598 
(dollars in thousands)Commercial and IndustrialCommercial Real Estate and Multifamily ResidentialAgri-business and AgriculturalOther CommercialConsumer 1-4 Family MortgageOther ConsumerUnallocatedTotal
Six Months Ended June 30, 2025
                
Beginning balance, January 1$45,539 $30,865 $3,541 $743 $3,358 $1,531 $383 $85,960 
Provision for credit losses8,889 165 (242)(23)418 576 17 9,800 
Loans charged-off(28,626)0 0 0 (222)(771)0 (29,619)
Recoveries80 52 0 0 36 243 0 411 
Net loans (charged-off) recovered(28,546)52 0 0 (186)(528)0 (29,208)
Ending balance$25,882 $31,082 $3,299 $720 $3,590 $1,579 $400 $66,552 
Schedule of Risk Category of Loans by Loan Segment and Origination Date
The following table summarizes the risk category of loans by loan segment and year of origination as of June 30, 2026:
(dollars in thousands)20262025202420232022PriorTerm TotalRevolvingTotal
Commercial and industrial loans:                  
Working capital lines of credit loans:                  
Pass$0 $962 $2,473 $0 $0 $1,179 $4,614 $733,165 $737,779 
Special Mention0 0 0 0 47 0 47 38,695 38,742 
Substandard0 300 95 1,021 921 254 2,591 36,165 38,756 
Total0 1,262 2,568 1,021 968 1,433 7,252 808,025 815,277 
Working capital lines of credit loans:
Current period gross write offs0 1,975 0 0 0 50 2,025 0 2,025 
Non-working capital loans:
Pass89,561 200,750 81,558 84,941 87,976 34,979 579,765 201,625 781,390 
Special Mention0 4,495 2,108 2,422 8,654 7,718 25,397 6,334 31,731 
Substandard1,515 1,863 319 1,675 1,959 4,812 12,143 818 12,961 
Doubtful0 0 0 0 0 43 43 0 43 
Not Rated43 979 241 545 388 167 2,363 0 2,363 
Total91,119 208,087 84,226 89,583 98,977 47,719 619,711 208,777 828,488 
Non-working capital loans:
Current period gross write offs0 0 0 0 25 0 25 30 55 
Commercial real estate and multi-family residential loans:
Construction and land development loans:
Pass14,986 19,769 26,174 5,260 301 0 66,490 363,565 430,055 
Special Mention0 0 0 0 0 0 0 8,183 8,183 
Total14,986 19,769 26,174 5,260 301 0 66,490 371,748 438,238 
Construction and land development loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Owner occupied loans:
Pass85,674 136,355 98,157 88,723 112,728 217,352 738,989 28,469 767,458 
Special Mention0 2,951 569 1,642 14,711 12,764 32,637 0 32,637 
Substandard0 840 407 263 0 2,958 4,468 0 4,468 
Total85,674 140,146 99,133 90,628 127,439 233,074 776,094 28,469 804,563 
Owner occupied loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Nonowner occupied loans:
Pass106,086 163,674 102,736 105,574 123,063 206,840 807,973 115,637 923,610 
(dollars in thousands)20262025202420232022PriorTerm TotalRevolvingTotal
Nonowner occupied loans (continued):
Special Mention0 0 0 11,128 57 0 11,185 0 11,185 
Substandard0 0 0 0 0 0 0 1,958 1,958 
Total106,086 163,674 102,736 116,702 123,120 206,840 819,158 117,595 936,753 
Nonowner occupied loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Multifamily loans:
Pass110,343 130,829 5,393 120,379 19,750 40,704 427,398 149,902 577,300 
Special Mention0 0 0 0 282 0 282 0 282 
Total110,343 130,829 5,393 120,379 20,032 40,704 427,680 149,902 577,582 
Multifamily loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Agri-business and agricultural loans:
Loans secured by farmland:
Pass42,170 26,621 11,365 14,481 33,639 36,189 164,465 13,967 178,432 
Special Mention0 1,971 109 184 0 145 2,409 0 2,409 
Substandard0 0 0 0 0 42 42 0 42 
Total42,170 28,592 11,474 14,665 33,639 36,376 166,916 13,967 180,883 
Loans secured by farmland:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Loans for agricultural production:
Pass3,413 3,801 11,421 5,235 17,222 12,469 53,561 95,366 148,927 
Special Mention301 0 0 1,112 244 0 1,657 8,040 9,697 
Total3,714 3,801 11,421 6,347 17,466 12,469 55,218 103,406 158,624 
Loans for agricultural production:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Other commercial loans:
Pass3,069 9,957 1,015 12,701 24,060 13,697 64,499 56,321 120,820 
Total3,069 9,957 1,015 12,701 24,060 13,697 64,499 56,321 120,820 
Other commercial loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Consumer 1-4 family mortgage loans:
Closed end first mortgage loans:
Pass19,488 13,586 9,196 5,547 6,460 13,172 67,449 5,816 73,265 
Special Mention0 187 0 210 151 0 548 0 548 
(dollars in thousands)20262025202420232022PriorTerm TotalRevolvingTotal
Closed end first mortgage loans (continued):
Substandard0 240 117 220 423 621 1,621 0 1,621 
Not Rated31,802 34,939 22,392 45,712 39,406 52,730 226,981 0 226,981 
Total51,290 48,952 31,705 51,689 46,440 66,523 296,599 5,816 302,415 
Closed end first mortgage loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Open end and junior lien loans:
Pass194 916 464 506 0 177 2,257 10,504 12,761 
Substandard0 1,694 0 115 70 24 1,903 603 2,506 
Not Rated27,780 19,841 9,540 7,519 7,518 1,936 74,134 196,017 270,151 
Total27,974 22,451 10,004 8,140 7,588 2,137 78,294 207,124 285,418 
Open end and junior lien loans:
Current period gross write offs0 0 38 0 0 8 46 66 112 
Residential construction loans:
Not Rated2,042 4,770 1,658 545 1,530 2,274 12,819 0 12,819 
Total2,042 4,770 1,658 545 1,530 2,274 12,819 0 12,819 
Residential construction loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Other consumer loans:
Pass1 353 0 922 87 7 1,370 41,011 42,381 
Substandard0 62 23 205 91 58 439 0 439 
Not Rated10,474 15,344 12,769 10,865 5,553 6,288 61,293 13,632 74,925 
Total10,475 15,759 12,792 11,992 5,731 6,353 63,102 54,643 117,745 
Other consumer loans:
Current period gross write offs4 67 53 100 12 0 236 199 435 
Total Loans$548,942 $798,049 $400,299 $529,652 $507,291 $669,599 $3,453,832 $2,125,793 $5,579,625 
Total period gross write offs$4 $2,042 $91 $100 $37 $58 $2,332 $295 $2,627 
The following table summarizes the risk category of loans by loan segment and year of origination as of December 31, 2025:
(dollars in thousands)20252024202320222021PriorTerm TotalRevolvingTotal
Commercial and industrial loans:                  
Working capital lines of credit loans:                  
Pass$5,863 $1,405 $19 $63 $1,066 $334 $8,750 $633,270 $642,020 
Special Mention0 0 0 0 0 0 0 38,014 38,014 
Substandard300 0 2,057 924 211 230 3,722 27,759 31,481 
Total6,163 1,405 2,076 987 1,277 564 12,472 699,043 711,515 
Working capital lines of credit loans:
Current period gross write offs0 0 0 28,607 0 12 28,619 45 28,664 
Non-working capital loans:
Pass210,230 109,036 101,984 114,735 32,420 20,755 589,160 204,275 793,435 
Special Mention5,819 2,671 154 8,359 7,024 5,060 29,087 7,493 36,580 
Substandard314 327 1,998 1,543 105 3,913 8,200 391 8,591 
Doubtful0 0 0 0 0 74 74 0 74 
Not Rated939 322 767 558 107 173 2,866 0 2,866 
Total217,302 112,356 104,903 125,195 39,656 29,975 629,387 212,159 841,546 
Non-working capital loans:
Current period gross write offs1 2 0 0 0 0 3 201 204 
Commercial real estate and multi-family residential loans:
Construction and land development loans:
Pass20,946 25,430 11,990 20,692 720 0 79,778 414,386 494,164 
Special Mention1,242 0 0 0 0 0 1,242 0 1,242 
Total22,188 25,430 11,990 20,692 720 0 81,020 414,386 495,406 
Construction and land development loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Owner occupied loans:
Pass151,944 106,040 89,724 118,976 128,712 143,199 738,595 31,378 769,973 
Special Mention3,083 163 1,810 14,683 0 13,069 32,808 550 33,358 
Substandard0 306 284 0 1,520 1,442 3,552 0 3,552 
Total155,027 106,509 91,818 133,659 130,232 157,710 774,955 31,928 806,883 
Owner occupied loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Nonowner occupied loans:
Pass184,183 114,323 108,411 128,867 93,880 154,390 784,054 125,655 909,709 
(dollars in thousands)20252024202320222021PriorTerm TotalRevolvingTotal
Nonowner occupied loans (continued):
Special Mention0 0 11,321 59 0 0 11,380 0 11,380 
Substandard0 0 0 0 0 0 0 1,957 1,957 
Total184,183 114,323 119,732 128,926 93,880 154,390 795,434 127,612 923,046 
Nonowner occupied loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Multifamily loans:
Pass191,399 21,552 63,810 21,472 8,485 32,995 339,713 97,877 437,590 
Special Mention0 0 0 291 0 0 291 0 291 
Total191,399 21,552 63,810 21,763 8,485 32,995 340,004 97,877 437,881 
Multifamily loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Agri-business and agricultural loans:
Loans secured by farmland:
Pass28,600 13,595 15,258 31,324 19,915 30,669 139,361 13,202 152,563 
Special Mention1,987 118 193 0 25 148 2,471 0 2,471 
Substandard0 0 0 0 0 49 49 0 49 
Total30,587 13,713 15,451 31,324 19,940 30,866 141,881 13,202 155,083 
Loans secured by farmland:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Loans for agricultural production:
Pass5,560 13,158 21,355 18,848 21,215 12,502 92,638 151,443 244,081 
Special Mention0 0 654 258 0 1 913 6,891 7,804 
Total5,560 13,158 22,009 19,106 21,215 12,503 93,551 158,334 251,885 
Loans for agricultural production:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Other commercial loans:
Pass11,178 1,199 13,637 24,506 2,504 11,665 64,689 30,722 95,411 
Special Mention0 0 0 0 0 1,754 1,754 0 1,754 
Total11,178 1,199 13,637 24,506 2,504 13,419 66,443 30,722 97,165 
Other commercial loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Consumer 1-4 family mortgage loans:
Closed end first mortgage loans:
Pass14,058 9,978 6,465 6,793 10,248 5,525 53,067 2,427 55,494 
(dollars in thousands)20252024202320222021PriorTerm TotalRevolvingTotal
Closed end first mortgage loans (continued):
Special Mention189 119 215 156 61 0 740 0 740 
Substandard55 305 232 436 0 755 1,783 0 1,783 
Not Rated36,511 23,578 50,011 42,657 24,998 31,020 208,775 0 208,775 
Total50,813 33,980 56,923 50,042 35,307 37,300 264,365 2,427 266,792 
Closed end first mortgage loans:
Current period gross write offs0 0 0 0 0 24 24 0 24 
Open end and junior lien loans:
Pass665 487 684 0 190 4 2,030 8,477 10,507 
Special Mention286 0 0 0 0 0 286 0 286 
Substandard1,728 38 99 0 3 0 1,868 317 2,185 
Not Rated28,327 13,016 9,566 10,347 1,849 1,138 64,243 176,160 240,403 
Total31,006 13,541 10,349 10,347 2,042 1,142 68,427 184,954 253,381 
Open end and junior lien loans:
Current period gross write offs0 0 0 29 2 22 53 149 202 
Residential construction loans:
Not Rated6,684 6,852 575 1,680 1,189 1,798 18,778 0 18,778 
Total6,684 6,852 575 1,680 1,189 1,798 18,778 0 18,778 
Residential construction loans:
Current period gross write offs0 0 0 0 0 0 0 0 0 
Other consumer loans:
Pass384 0 939 120 22 0 1,465 37,683 39,148 
Substandard0 35 273 91 6 11 416 0 416 
Not Rated19,055 15,982 13,837 7,631 4,301 3,349 64,155 12,269 76,424 
Total19,439 16,017 15,049 7,842 4,329 3,360 66,036 49,952 115,988 
Other consumer loans:
Current period gross write offs4 187 306 161 58 0 716 604 1,320 
Total loans$931,529 $480,035 $528,322 $576,069 $360,776 $476,022 $3,352,753 $2,022,596 $5,375,349 
Total current period gross write offs$5 $189 $306 $28,797 $60 $58 $29,415 $999 $30,414 
Schedule of Aging of the Amortized Cost Basis in Past Due Loans
The following table presents the aging of the amortized cost basis in past due loans as of June 30, 2026 by class of loans and loans past due 90 days or more and still accruing by class of loan:
(dollars in thousands)Loans Not Past Due30-89 Days Past DueGreater than 89 Days Past Due and AccruingTotal AccruingTotal NonaccrualNonaccrual With No Allowance For Credit LossTotal
Commercial and industrial loans:            
Working capital lines of credit loans$811,155 $0 $0 $811,155 $4,122 $502 $815,277 
Non-working capital loans820,681 209 0 820,890 7,598 178 828,488 
Commercial real estate and multi-family residential loans:
Construction and land development loans438,238 0 0 438,238 0 0 438,238 
Owner occupied loans801,323 1,369 0 802,692 1,871 170 804,563 
Nonowner occupied loans934,795 0 0 934,795 1,958 0 936,753 
Multifamily loans577,582 0 0 577,582 0 0 577,582 
Agri-business and agricultural loans:
Loans secured by farmland180,841 0 0 180,841 42 0 180,883 
Loans for agricultural production158,624 0 0 158,624 0 0 158,624 
Other commercial loans120,820 0 0 120,820 0 0 120,820 
Consumer 1‑4 family mortgage loans:
Closed end first mortgage loans300,628 337 6 300,971 1,444 498 302,415 
Open end and junior lien loans282,287 625 0 282,912 2,506 398 285,418 
Residential construction loans12,819 0 0 12,819 0 0 12,819 
Other consumer loans116,823 483 0 117,306 439 58 117,745 
Total$5,556,616 $3,023 $6 $5,559,645 $19,980 $1,804 $5,579,625 
The following table presents the aging of the amortized cost basis in past due loans as of December 31, 2025 by class of loans and loans past due 90 days or more and still accruing by class of loan:
(dollars in thousands)Loans Not Past Due30-89 Days Past DueGreater than 89 Days Past Due and AccruingTotal AccruingTotal NonaccrualNonaccrual With No Allowance For Credit LossTotal
Commercial and industrial loans:            
Working capital lines of credit loans$706,317 $0 $0 $706,317 $5,198 $1,434 $711,515 
Non-working capital loans834,134 0 0 834,134 7,412 86 841,546 
Commercial real estate and multi-family residential loans:
Construction and land development loans495,406 0 0 495,406 0 0 495,406 
Owner occupied loans804,986 0 0 804,986 1,897 170 806,883 
Nonowner occupied loans921,089 0 0 921,089 1,957 0 923,046 
Multifamily loans437,881 0 0 437,881 0 0 437,881 
Agri-business and agricultural loans:
Loans secured by farmland155,035 0 0 155,035 48 0 155,083 
Loans for agricultural production251,885 0 0 251,885 0 0 251,885 
Other commercial loans97,165 0 0 97,165 0 0 97,165 
Consumer 1‑4 family mortgage loans:
Closed end first mortgage loans263,385 1,617 7 265,009 1,783 690 266,792 
Open end and junior lien loans251,009 186 0 251,195 2,186 405 253,381 
Residential construction loans18,778 0 0 18,778 0 0 18,778 
Other consumer loans115,046 526 0 115,572 416 6 115,988 
Total$5,352,116 $2,329 $7 $5,354,452 $20,897 $2,791 $5,375,349 
Schedule of Amortized Cost Basis of Collateral Dependent Loans
The following tables present the amortized cost basis of collateral dependent loans by class of loan as of:
June 30, 2026
(dollars in thousands)Real EstateGeneral
Business
 Assets		OtherTotal
Commercial and industrial loans:      
Working capital lines of credit loans$1,301 $34,340 $442 $36,083 
Non-working capital loans324 18,318 350 18,992 
Commercial real estate and multi-family residential loans:
Owner occupied loans470 1,701 0 2,171 
   Nonowner occupied loans1,958 0 0 1,958 
Agri-business and agricultural loans:
Loans secured by farmland0 42 0 42 
Consumer 1-4 family mortgage loans:
Closed end first mortgage loans1,390 0 0 1,390 
Open end and junior lien loans2,506 0 0 2,506 
Other consumer loans0 0 439 439 
Total$7,949 $54,401 $1,231 $63,581 
December 31, 2025
(dollars in thousands)Real EstateGeneral
Business
 Assets		OtherTotal
Commercial and industrial loans:      
Working capital lines of credit loans$2,388 $23,827 $673 $26,888 
Non-working capital loans464 3,715 49 4,228 
Commercial real estate and multi-family residential loans:
Owner occupied loans476 1,726 0 2,202 
   Nonowner occupied loans1,958 0 0 1,958 
Agri-business and agricultural loans:
Loans secured by farmland0 49 0 49 
Consumer 1-4 family mortgage loans:
Closed end first mortgage loans1,725 0 0 1,725 
Open end and junior lien loans2,186 0 0 2,186 
Other consumer loans0 0 416 416 
Total$9,197 $29,317 $1,138 $39,652