Loans (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Receivables [Abstract] |
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| Schedule of Composition of Loan Portfolio |
The following table shows the composition of the Company's loan portfolio by class of financing receivable as of June 30, 2026 and 2025 and at December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | June 30, 2025 | | | Commercial | | | | | | | | | | | Real estate owner occupied | $ | 379,591,000 | | 15.7 | | % | $ | 378,263,000 | | 15.8 | | % | $ | 371,332,000 | | 15.5 | | % | | Real estate non-owner occupied | 399,164,000 | | 16.5 | | % | 409,177,000 | | 17.1 | | % | 424,610,000 | | 17.7 | | % | | Construction | 29,014,000 | | 1.2 | | % | 35,025,000 | | 1.5 | | % | 53,077,000 | | 2.2 | | % | | C&I | 394,087,000 | | 16.3 | | % | 376,907,000 | | 15.7 | | % | 381,434,000 | | 16.0 | | % | | Multifamily | 139,842,000 | | 5.8 | | % | 158,910,000 | | 6.6 | | % | 136,951,000 | | 5.7 | | % | | Agriculture | 50,347,000 | | 2.1 | | % | 48,145,000 | | 2.0 | | % | 52,931,000 | | 2.2 | | % | | Municipal | 60,824,000 | | 2.4 | | % | 52,074,000 | | 2.2 | | % | 62,924,000 | | 2.6 | | % | | Residential | | | | | | | | | | | Term | 751,429,000 | | 31.0 | | % | 739,188,000 | | 30.9 | | % | 724,330,000 | | 30.3 | | % | | Construction | 39,116,000 | | 1.6 | | % | 35,332,000 | | 1.5 | | % | 31,579,000 | | 1.3 | | % | | Home Equity | | | | | | | | | | | Revolving and term | 160,258,000 | | 6.6 | | % | 142,219,000 | | 5.9 | | % | 134,280,000 | | 5.6 | | % | | Consumer | 20,039,000 | | 0.8 | | % | 18,869,000 | | 0.8 | | % | 20,559,000 | | 0.9 | | % | | Total | $ | 2,423,711,000 | | 100.0 | | % | $ | 2,394,109,000 | | 100.0 | | % | $ | 2,394,007,000 | | 100.0 | | % |
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| Schedule of Past Due Loans Aging |
For all loan classes, loans over 30 days past due are considered delinquent. Information on the past-due status of loans by class of financing receivable as of June 30, 2026, is presented in the following table: | | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | All
Past Due | Current | Total | 90+ Days
& Accruing | | Commercial | | | | | | | | | Real estate owner occupied | $ | 539,000 | | $ | — | | $ | 4,076,000 | | $ | 4,615,000 | | $ | 374,976,000 | | $ | 379,591,000 | | $ | — | | | Real estate non-owner occupied | 1,062,000 | | — | | 134,000 | | 1,196,000 | | 397,968,000 | | 399,164,000 | | — | | | Construction | 64,000 | | 95,000 | | 7,000 | | 166,000 | | 28,848,000 | | 29,014,000 | | 7,000 | | | C&I | 884,000 | | 107,000 | | 1,501,000 | | 2,492,000 | | 391,595,000 | | 394,087,000 | | — | | | Multifamily | 1,017,000 | | 2,408,000 | | — | | 3,425,000 | | 136,417,000 | | 139,842,000 | | — | | | Agriculture | 479,000 | | 152,000 | | — | | 631,000 | | 49,716,000 | | 50,347,000 | | — | | | Municipal | — | | — | | — | | — | | 60,824,000 | | 60,824,000 | | — | | | Residential | | | | | | | | | Term | 789,000 | | 1,536,000 | | 4,803,000 | | 7,128,000 | | 744,301,000 | | 751,429,000 | | 602,000 | | | Construction | — | | 36,000 | | — | | 36,000 | | 39,080,000 | | 39,116,000 | | — | | | Home equity | | | | | | | | | Revolving and term | 1,716,000 | | 168,000 | | 295,000 | | 2,179,000 | | 158,079,000 | | 160,258,000 | | 31,000 | | | Consumer | 306,000 | | 252,000 | | 117,000 | | 675,000 | | 19,364,000 | | 20,039,000 | | 116,000 | | | Total | $ | 6,856,000 | | $ | 4,754,000 | | $ | 10,933,000 | | $ | 22,543,000 | | $ | 2,401,168,000 | | $ | 2,423,711,000 | | $ | 756,000 | |
Information on the past-due status of loans by class of financing receivable as of December 31, 2025, is presented in the following table: | | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | All
Past Due | Current | Total | 90+ Days
& Accruing | | Commercial | | | | | | | | | Real estate owner occupied | $ | 683,000 | | $ | 734,000 | | $ | 3,698,000 | | $ | 5,115,000 | | $ | 373,148,000 | | $ | 378,263,000 | | $ | — | | | Real estate non-owner occupied | 734,000 | | — | | 1,285,000 | | 2,019,000 | | 407,158,000 | | 409,177,000 | | — | | | Construction | 103,000 | | — | | 7,000 | | 110,000 | | 34,915,000 | | 35,025,000 | | 7,000 | | | C&I | 404,000 | | 102,000 | | 1,240,000 | | 1,746,000 | | 375,161,000 | | 376,907,000 | | 21,000 | | | Multifamily | 1,600,000 | | 160,000 | | — | | 1,760,000 | | 157,150,000 | | 158,910,000 | | — | | | Agriculture | 316,000 | | — | | 377,000 | | 693,000 | | 47,452,000 | | 48,145,000 | | — | | | Municipal | — | | — | | — | | — | | 52,074,000 | | 52,074,000 | | — | | | Residential | | | | | | | | | Term | 1,268,000 | | 2,901,000 | | 3,222,000 | | 7,391,000 | | 731,797,000 | | 739,188,000 | | 613,000 | | | Construction | 90,000 | | — | | — | | 90,000 | | 35,242,000 | | 35,332,000 | | — | | | Home equity | | | | | | | | | Revolving and term | 1,449,000 | | 391,000 | | 534,000 | | 2,374,000 | | 139,845,000 | | 142,219,000 | | — | | | Consumer | 152,000 | | 118,000 | | 39,000 | | 309,000 | | 18,560,000 | | 18,869,000 | | 24,000 | | | Total | $ | 6,799,000 | | $ | 4,406,000 | | $ | 10,402,000 | | $ | 21,607,000 | | $ | 2,372,502,000 | | $ | 2,394,109,000 | | $ | 665,000 | |
Information on the past-due status of loans by class of financing receivable as of June 30, 2025, is presented in the following table: | | | | | | | | | | | | | | | | | | | | | | | | | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | All
Past Due | Current | Total | 90+ Days
& Accruing | | Commercial | | | | | | | | | Real estate owner occupied | $ | 395,000 | | $ | — | | $ | — | | $ | 395,000 | | $ | 370,937,000 | | $ | 371,332,000 | | $ | — | | | Real estate non-owner occupied | — | | — | | — | | — | | 424,610,000 | | 424,610,000 | | — | | | Construction | — | | — | | — | | — | | 53,077,000 | | 53,077,000 | | — | | | C&I | 480,000 | | 14,000 | | 710,000 | | 1,204,000 | | 380,230,000 | | 381,434,000 | | — | | | Multifamily | — | | — | | — | | — | | 136,951,000 | | 136,951,000 | | — | | | Agriculture | — | | — | | — | | — | | 52,931,000 | | 52,931,000 | | — | | | Municipal | — | | — | | — | | — | | 62,924,000 | | 62,924,000 | | — | | | Residential | | | | | | | | | Term | 309,000 | | 822,000 | | 1,307,000 | | 2,438,000 | | 721,892,000 | | 724,330,000 | | 341,000 | | | Construction | — | | — | | — | | — | | 31,579,000 | | 31,579,000 | | — | | | Home equity | | | | | | | | | Revolving and term | 494,000 | | 262,000 | | 126,000 | | 882,000 | | 133,398,000 | | 134,280,000 | | — | | | Consumer | 302,000 | | 139,000 | | 205,000 | | 646,000 | | 19,913,000 | | 20,559,000 | | 116,000 | | | Total | $ | 1,980,000 | | $ | 1,237,000 | | $ | 2,348,000 | | $ | 5,565,000 | | $ | 2,388,442,000 | | $ | 2,394,007,000 | | $ | 457,000 | |
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| Schedule of Nonaccrual Loans |
The following table presents the amortized cost basis of loans on non-accrual status as of June 30, 2026, December 31, 2025 and June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | December 31, 2025 | June 30, 2025 | | Non-accrual with Allowance for Credit Loss | Non-accrual with no Allowance for Credit Loss | Total Non-accrual | Non-accrual with Allowance for Credit Loss | Non-accrual with no Allowance for Credit Loss | Total Non-accrual | Non-accrual with Allowance for Credit Loss | Non-accrual with no Allowance for Credit Loss | Total Non-accrual | | Commercial | | | | | | | | | | | Real estate owner occupied | $ | 1,847,000 | | $ | 3,313,000 | | $ | 5,160,000 | | $ | 1,131,000 | | $ | 2,896,000 | | $ | 4,027,000 | | $ | — | | $ | 522,000 | | $ | 522,000 | | | Real estate non-owner occupied | 1,229,000 | | 193,000 | | 1,422,000 | | 1,285,000 | | 61,000 | | 1,346,000 | | — | | 61,000 | | 61,000 | | | Construction | — | | — | | — | | — | | 8,000 | | 8,000 | | — | | 17,000 | | 17,000 | | | C&I | 665,000 | | 1,578,000 | | 2,243,000 | | 1,297,000 | | 617,000 | | 1,914,000 | | 326,000 | | 1,249,000 | | 1,575,000 | | | Multifamily | — | | — | | — | | — | | — | | — | | — | | 15,000 | | 15,000 | | | Agriculture | — | | 64,000 | | 64,000 | | — | | 441,000 | | 441,000 | | — | | 103,000 | | 103,000 | | | Municipal | — | | — | | — | | — | | — | | — | | — | | — | | — | | | Residential | | | | | | | | | | | Term | 115,000 | | 6,808,000 | | 6,923,000 | | 115,000 | | 4,078,000 | | 4,193,000 | | — | | 3,193,000 | | 3,193,000 | | | Construction | — | | — | | — | | — | | — | | — | | — | | — | | — | | | Home equity | | | | | | | | | | | Revolving and term | 202,000 | | 1,294,000 | | 1,496,000 | | 242,000 | | 703,000 | | 945,000 | | — | | 553,000 | | 553,000 | | | Consumer | — | | — | | — | | — | | 5,000 | | 5,000 | | — | | — | | — | | | Total | $ | 4,058,000 | | $ | 13,250,000 | | $ | 17,308,000 | | $ | 4,070,000 | | $ | 8,809,000 | | $ | 12,879,000 | | $ | 326,000 | | $ | 5,713,000 | | $ | 6,039,000 | |
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| Schedule of Individually Analyzed Loans by Class of Financing Receivable |
The following table presents the amortized cost basis of collateral-dependent loans as of June 30, 2026, December 31, 2025 and June 30, 2025, by collateral type: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | December 31, 2025 | June 30, 2025 | | Collateral Type | Collateral Type | Collateral Type | | Commercial Real Estate | Residential Real Estate | Other | | Commercial Real Estate | Residential Real Estate | Other | | Commercial Real Estate | Residential Real Estate | Other | | | Commercial | | | | | | | | | | | | | | Real estate owner occupied | $ | 4,792,000 | | $ | — | | $ | — | | | $ | 3,626,000 | | $ | — | | $ | — | | | $ | 249,000 | | $ | — | | $ | — | | | | Real estate non-owner occupied | 1,291,000 | | — | | — | | | 1,348,000 | | — | | — | | | 61,000 | | — | | — | | | | Construction | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | C&I | — | | — | | 1,280,000 | | | — | | — | | 1,300,000 | | | — | | — | | 1,394,000 | | | | Multifamily | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Agriculture | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Municipal | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Residential | | | | | | | | | | | | | | Term | — | | 4,957,000 | | — | | | — | | 2,912,000 | | — | | | — | | 2,081,000 | | — | | | | Construction | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Home equity | | | | | | | | | | | | | | Revolving and term | — | | 307,000 | | — | | | — | | 361,000 | | — | | | — | | — | | — | | | | Consumer | — | | — | | — | | | — | | — | | — | | | — | | — | | — | | | | Total | $ | 6,083,000 | | $ | 5,264,000 | | $ | 1,280,000 | | | $ | 4,974,000 | | $ | 3,273,000 | | $ | 1,300,000 | | | $ | 310,000 | | $ | 2,081,000 | | $ | 1,394,000 | | |
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| Schedule of Troubled Debt Restructurings on Financing Receivables |
The following table represents loan modifications made to borrowers experiencing financial difficulty by modification type and class of financing receivable, during the three months ended June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis | | Payment Deferral | Term Extension | | | | Combination Payment Deferral and Term Extension | Combination Payment Deferral and Rate Modification | | % of Total Class of Financing Receivable | | Commercial | | | | | | | | | | | Real estate owner occupied | $ | — | | $ | — | | | | | $ | 646,000 | | $ | — | | | 0.17 | % | | Real estate non-owner occupied | — | | — | | | | | — | | 60,000 | | | 0.01 | % | | Construction | — | | — | | | | | — | | — | | | — | % | | C&I | — | | — | | | | | 182,000 | | 454,000 | | | 0.16 | % | | Multifamily | — | | — | | | | | — | | — | | | — | % | | Agriculture | — | | — | | | | | — | | — | | | — | % | | Municipal | — | | — | | | | | — | | — | | | — | % | | Residential | | | | | | | | | | | Term | — | | — | | | | | — | | — | | | — | % | | Construction | — | | — | | | | | — | | — | | | — | % | | Home Equity | | | | | | | | | | | Revolving and term | — | | — | | | | | — | | — | | | — | % | | Consumer | — | | — | | | | | — | | — | | | — | % | | Total | $ | — | | $ | — | | | | | $ | 828,000 | | $ | 514,000 | | | |
The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty for the three months ended June 30, 2026: | | | | | | | Combination Payment Deferral and Term Extension | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, payments deferred to end of loan | | | | C&I | Payments deferred for 3 months; term increased 3 months | | | | | | | | | | | | |
| | | | | | | Combination Payment Deferral and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Temporary payment and rate accommodations | | C&I | Temporary payment and rate accommodations | | | | |
The following table represents loan modifications made to borrowers experiencing financial difficulty by modification type and class of financing receivable, during the six months ended June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis | | Payment Deferral | Term Extension | Rate Modification | | | Combination Payment Deferral and Term Extension | Combination Payment Deferral and Rate Modification | Combination Payment Deferral, Term & Rate Modification | % of Total Class of Financing Receivable | | Commercial | | | | | | | | | | | Real estate owner occupied | $ | — | | $ | 135,000 | | $ | — | | | | $ | 889,000 | | $ | — | | $ | — | | 0.27 | % | | Real estate non-owner occupied | — | | — | | — | | | | — | | 60,000 | | 1,229,000 | | 0.32 | % | | Construction | — | | — | | — | | | | — | | — | | — | | — | % | | C&I | 49,000 | | — | | — | | | | 317,000 | | 454,000 | | — | | 0.21 | % | | Multifamily | — | | — | | — | | | | — | | — | | — | | — | % | | Agriculture | — | | — | | — | | | | 38,000 | | — | | — | | 0.08 | % | | Municipal | — | | — | | — | | | | — | | — | | — | | — | % | | Residential | | | | | | | | | | | Term | — | | — | | — | | | | 194,000 | | — | | 330,000 | | 0.07 | % | | Construction | — | | — | | — | | | | — | | — | | — | | — | % | | Home Equity | | | | | | | | | | | Revolving and term | — | | — | | — | | | | 306,000 | | — | | — | | 0.21 | % | | Consumer | — | | — | | — | | | | — | | — | | — | | — | % | | Total | $ | 49,000 | | $ | 135,000 | | $ | — | | | | $ | 1,744,000 | | $ | 514,000 | | $ | 1,559,000 | | |
The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty for the six months ended June 30, 2026: | | | | | | | Payment Deferral | | Financial Effect | | Commercial | | | | | | | | | C&I | Temporary payment accommodation, payments deferred to end of loan | | | | | | | | |
| | | | | | | Term Extension | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, extended term 9 months | | |
| | | | | | | Combination Payment Deferral and Term Extension | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, payments deferred to end of loan | | | | C&I | Payments deferred for 3 months; term increased 3 months | | Agriculture | Payments deferred for 3 months; term increased 3 months | | | | Residential | | | Term | Temporary payment accommodation, payments deferred to end of loan | | Home Equity | | | Revolving and term | Temporary payment accommodation, payments deferred to end of loan |
| | | | | | | Combination Payment Deferral and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Temporary payment and rate accommodations | | C&I | Temporary payment and rate accommodations |
| | | | | | | Combination Payment Deferral, Term Extension and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Temporary payment and rate accommodations, payments deferred to end of loan | | | | Residential | | | Term | Temporary payment and rate accommodations, payments deferred to end of loan |
The following table represents loan modifications made to borrowers experiencing financial difficulty by modification type and class of financing receivable, during the three months ended June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis | | Payment Deferral | Term Extension | | | Combination Payment Deferral and Term Extension | Combination Payment Deferral and Rate Modification | Combination Payment Deferral, Term Extension and Rate Modification | % of Total Class of Financing Receivable | | Commercial | | | | | | | | | | Real estate owner occupied | $ | — | | $ | — | | | | $ | 337,000 | | $ | — | | $ | — | | 0.09 | % | | Real estate non-owner occupied | — | | — | | | | — | | 61,000 | | 1,285,000 | | 0.32 | % | | Construction | — | | — | | | | — | | — | | — | | — | % | | C&I | 212,000 | | — | | | | 189,000 | | 471,000 | | — | | 0.23 | % | | Multifamily | — | | — | | | | — | | — | | — | | — | % | | Agriculture | 179,000 | | — | | | | — | | — | | — | | 0.34 | % | | Municipal | — | | — | | | | — | | — | | — | | — | % | | Residential | | | | | | | | | | Term | — | | — | | | | 972,000 | | — | | 357,000 | | 0.18 | % | | Construction | — | | — | | | | — | | — | | — | | — | % | | Home Equity | | | | | | | | | | Revolving and term | — | | — | | | | 367,000 | | — | | — | | 0.27 | % | | Consumer | — | | — | | | | — | | — | | — | | — | % | | Total | $ | 391,000 | | $ | — | | | | $ | 1,865,000 | | $ | 532,000 | | $ | 1,642,000 | | |
The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty for the three months ended June 30, 2025: | | | | | | | Payment Deferral | | Financial Effect | | Commercial | | | | | | | C&I | Temporary payment accommodations, 5 yr balloon payment | | | | Agriculture | Payments deferred for 6 months | | | | |
| | | | | | | Combination Payment Deferral and Term Extension | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, payments deferred to end of loan | | C&I | Temporary payment accommodation, payments deferred to end of loan | | Residential | | | Term | Temporary payment accommodation, payments deferred to end of loan | | Home Equity | | | Revolving and Term | Temporary payment accommodation, payments deferred to end of loan |
| | | | | | | Combination Payment Deferral and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Payments deferred for 6 months; rate reduction to 2.0% | | C&I | Payments deferred for 6 months; rate reduction to 2.0% |
| | | | | | | Combination of Payment Deferral, Term Extension and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Seasonal payments, 5 yr balloon; 60 month term, 120 month amort; WSJP 0.50% | | | | Residential | | | Term | Seasonal payments, 3 yr balloon; 36 month term, 300 month amort; fixed rate |
The following table represents loan modifications made to borrowers experiencing financial difficulty by modification type and class of financing receivable, during the six months ended June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis | | Payment Deferral | Term Extension | | | Combination Payment Deferral and Term Extension | Combination Payment Deferral and Rate Modification | Combination Payment Deferral, Term Extension and Rate Modification | % of Total Class of Financing Receivable | | Commercial | | | | | | | | | | Real estate owner occupied | $ | 156,000 | | $ | — | | | | $ | 337,000 | | $ | — | | $ | — | | 0.13 | % | | Real estate non-owner occupied | — | | 364,000 | | | | — | | 61,000 | | 1,285,000 | | 0.40 | % | | Construction | — | | — | | | | — | | — | | — | | — | % | | C&I | 285,000 | | — | | | | 189,000 | | 471,000 | | — | | 0.25 | % | | Multifamily | 908,000 | | — | | | | — | | — | | — | | 0.66 | % | | Agriculture | 1,715,000 | | — | | | | — | | — | | — | | 3.24 | % | | Municipal | — | | — | | | | — | | — | | — | | — | % | | Residential | | | | | | | | | | Term | — | | — | | | | 972,000 | | — | | 357,000 | | 0.18 | % | | Construction | — | | — | | | | — | | — | | — | | — | % | | Home Equity | | | | | | | | | | Revolving and term | — | | — | | | | 367,000 | | — | | — | | 0.27 | % | | Consumer | — | | — | | | | — | | — | | — | | — | % | | Total | $ | 3,064,000 | | $ | 364,000 | | | | $ | 1,865,000 | | $ | 532,000 | | $ | 1,642,000 | | |
The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty for the six months ended June 30, 2025: | | | | | | | Payment Deferral | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation - payments deferred to end of loan; 5 yr balloon payment | | | | C&I | Temporary payment accommodation, payments deferred to end of loan | | Multifamily | Temporary payment accommodation, payments deferred to end of loan | | Agriculture | Temporary payment accommodation - payments deferred to end of loan; payments deferred for 6 months | | | | |
| | | | | | | Term Extension | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Temporary payment accommodation, extended term 6 months |
| | | | | | | Combination Payment Deferral and Term Extension | | Financial Effect | | Commercial | | | Real estate owner occupied | Temporary payment accommodation, payments deferred to end of loan | | C&I | Temporary payment accommodation, payments deferred to end of loan | | Residential | | | Term | Temporary payment accommodation, payments deferred to end of loan | | Home Equity | | | Revolving and Term | Temporary payment accommodation, payments deferred to end of loan |
| | | | | | | Combination Payment Deferral and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Payments deferred for 6 months; rate reduction to 2.0% | | C&I | Payments deferred for 6 months; rate reduction to 2.0% |
| | | | | | | Combination of Payment Deferral, Term Extension and Rate Modification | | Financial Effect | | Commercial | | | Real estate non-owner occupied | Seasonal payments, 5 yr balloon; 60 month term, 120 month amort; WSJP 0.50% | | | | Residential | | | Term | Seasonal payments, 3 yr balloon; 36 month term, 300 month amort; fixed rate |
The Company monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. In its monitoring, the Company considers an event of payment default to be a payment past due thirty days or more, and counts all such events even if subsequently cured. The following tables depict the amortized cost basis of loans that were modified during the previous 12 months as of June 30, 2026 and 2025, that had an event of payment default at some point during the 12 month period: | | | | | | | | | | | | | | | | Amortized Cost Basis | | As of June 30, 2026 | Payment Deferral | Term Extension | Combination Payment Deferral and Term Extension | Combination Payment Deferral, Term Extension and Rate Modification | | Commercial | | | | | | Real estate owner occupied | $ | — | | $ | — | | $ | 368,000 | | $ | — | | | Real Estate non-owner occupied | — | | 252,000 | | — | | 1,229,000 | | | | | | | | C&I | 360,000 | | 9,000 | | 246,000 | | — | | | | | | | | Agriculture | 574,000 | | — | | — | | — | | | Residential | | | | | | Term | — | | — | | 194,000 | | 330,000 | | | Home Equity | | | | | | Revolving and term | — | | — | | 306,000 | | — | | | | | | | | Total | $ | 934,000 | | $ | 261,000 | | $ | 1,114,000 | | $ | 1,559,000 | |
| | | | | | | | | | | | | Amortized Cost Basis | | As of June 30, 2025 | Payment Deferral | Term Extension | Combination Payment Deferral and Term Extension | | Commercial | | | | | | | | | | | | | | | | | C&I | $ | 196,000 | | $ | 11,000 | | $ | 18,000 | | | | | | | Agriculture | 179,000 | | — | | — | | | Residential | | | | | Term | — | | 125,000 | | — | | | | | | | | | | | | | | | Total | $ | 375,000 | | $ | 136,000 | | $ | 18,000 | |
The following table depicts the performance of loans that have been modified during the previous 12 months as of June 30, 2026: | | | | | | | | | | | | | | | | | Payment Status (Amortized Cost Basis) | | | Current | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | | | Commercial | | | | | | | Real estate owner occupied | $ | 1,299,000 | | $ | — | | $ | — | | $ | — | | | | Real Estate non-owner occupied | 1,655,000 | | — | | — | | — | | | | | | | | | | C&I | 1,607,000 | | — | | 18,000 | | — | | | | Multifamily | 4,043,000 | | — | | — | | — | | | | Agriculture | 545,000 | | — | | — | | — | | | | Residential | | | | | | | Term | 1,003,000 | | — | | — | | — | | | | Home Equity | | | | | | | Revolving and term | 306,000 | | — | | | — | | | | Consumer | — | | — | | — | | — | | | | Total | $ | 10,458,000 | | $ | — | | $ | 18,000 | | $ | — | | |
The following table depicts the performance of loans that had been modified during the the previous 12 months as of June 30, 2025: | | | | | | | | | | | | | | | | Payment Status (Amortized Cost Basis) | | Current | 30-59 Days
Past Due | 60-89 Days
Past Due | 90+ Days
Past Due | | Commercial | | | | | | Real estate owner occupied | $ | 493,000 | | $ | — | | $ | — | | $ | — | | | Real Estate non-owner occupied | 1,710,000 | | — | | — | | — | | | Construction | — | | — | | — | | — | | | C&I | 1,010,000 | | — | | — | | — | | | Multifamily | 908,000 | | — | | — | | — | | | Agriculture | 1,715,000 | | — | | — | | — | | | Residential | | | | | | Term | 1,452,000 | | — | | — | | — | | | Home Equity | | | | | | Revolving and term | 367,000 | | — | | — | | — | | | Consumer | — | | — | | — | | — | | | Total | $ | 7,655,000 | | $ | — | | $ | — | | $ | — | |
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