Farmers & Merchants Bancorp (FMCB) 10-Q 8 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 31, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Document Transition Report	false
Entity File Number	000-26099
Entity Registrant Name	FARMERS & MERCHANTS BANCORP
Entity Central Index Key	0001085913
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-3327828
Entity Address, Address Line One	111 W. Pine Street
Entity Address, City or Town	Lodi
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95240
City Area Code	209
Local Phone Number	367-2300
Title of 12(g) Security	Common Stock, $0.01 Par Value Per Share
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		775,246

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENT OF FINANCIAL CONDITION - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 67,136	$ 52,499
Interest bearing deposits with banks	680,652	662,961
Total cash and cash equivalents	747,788	715,460
Securities available-for-sale, at fair value	225,338	270,454
Securities held-to-maturity, net of allowance for credit losses of $393 and $0, respectively, fair value $754,834 and $725,841, respectively	867,990	737,052
Total investment securities	1,093,328	1,007,506
Non-marketable securities	15,549	15,549
Loans and leases held for investment	3,249,886	3,237,177
Allowance for credit losses	(62,080)	(61,007)
Loans held for investment, net	3,187,806	3,176,170
Bank-owned life insurance	72,513	71,411
Premises and equipment, net	46,970	47,730
Deferred income tax assets	34,839	25,542
Accrued interest receivable	18,231	18,098
Goodwill	11,183	11,183
Other intangibles	3,106	3,402
Other real estate owned	873	873
Other assets	94,495	84,796
TOTAL ASSETS	5,326,681	5,177,720
Deposits:
Non-interest bearing	1,753,633	1,750,330
Interest bearing:
Demand	1,059,651	1,097,337
Savings and money market	1,577,599	1,400,000
Certificate of deposits	378,630	392,485
Total interest bearing	3,015,880	2,889,822
Total deposits	4,769,513	4,640,152
Subordinated debentures	10,310	10,310
Interest payable and other liabilities	85,505	64,122
TOTAL LIABILITIES	4,865,328	4,714,584
SHAREHOLDERS' EQUITY
Preferred shares, no par value, 1,000,000 shares authorized and, none issued or outstanding	0	0
Common shares, $0.01 par value, 7,500,000 authorized 777,190 and 789,646 outstanding at June 30, 2022 and December 31, 2021, respectively	8	8
Additional paid-in capital	65,671	77,516
Retained earnings	416,722	387,331
Accumulated other comprehensive (loss) / income, net of taxes	(21,048)	(1,719)
TOTAL SHAREHOLDERS' EQUITY	461,353	463,136
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 5,326,681	$ 5,177,720

UNAUDITED CONSOLIDATED STATEM_2

UNAUDITED CONSOLIDATED STATEMENT OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
UNAUDITED CONSOLIDATED STATEMENT OF FINANCIAL CONDITION [Abstract]
Securities held-to-maturity, allowance for credit losses	$ 393	$ 0
Securities held-to-maturity, fair value	$ 754,834	$ 725,841
SHAREHOLDERS' EQUITY
Preferred Stock, par value (in dollars per share)	$ 0	$ 0
Preferred Stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred Stock, shares issued (in shares)	0	0
Preferred Stock, shares outstanding (in shares)	0	0
Common Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized (in shares)	7,500,000	7,500,000
Common Stock, shares outstanding (in shares)	777,190	789,646

UNAUDITED CONSOLIDATED STATEM_3

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income
Interest and fees on loans and leases	$ 38,570	$ 36,664	$ 76,003	$ 73,751
Interest and dividends on investments	5,716	4,322	11,011	8,739
Interest on deposits with others	1,409	164	1,775	267
Total interest income	45,695	41,150	88,789	82,757
Interest expense
Deposits	873	1,034	1,676	2,271
Subordinated debentures	103	79	185	158
Total interest expense	976	1,113	1,861	2,429
Net interest income	44,719	40,037	86,928	80,328
Provision for credit losses	1,500	0	1,500	1,250
Net interest income after provision for credit losses	43,219	40,037	85,428	79,078
Non-interest income
Card processing	1,847	1,806	3,584	3,385
Service charges on deposit accounts	830	679	1,680	1,317
Increase in cash surrender value of BOLI	560	541	1,102	1,067
Gain on sale of investment securities	2	714	2	2,554
Net (loss)/gain on deferred compensation benefits	(991)	492	(579)	1,213
Other	1,264	727	2,035	2,139
Total non-interest income	3,512	4,959	7,824	11,675
Non-interest expense
Salaries and employee benefits	16,403	16,182	33,187	32,922
Net (loss)/gain on deferred compensation benefits	(991)	492	(579)	1,213
Occupancy	1,150	1,178	2,304	2,409
Data Processing	1,233	1,213	2,448	2,437
FDIC insurance	361	298	710	585
Marketing	340	418	656	606
Legal	405	289	684	400
Other	4,130	3,533	7,409	6,575
Total non-interest expense	23,031	23,603	46,819	47,147
INCOME BEFORE INCOME TAXES	23,700	21,393	46,433	43,606
Income tax expense	5,257	5,240	10,932	10,740
NET INCOME	$ 18,443	$ 16,153	$ 35,501	$ 32,866
Earnings per common share:
Basic (in dollars per share)	$ 23.58	$ 20.45	$ 45.28	$ 41.62
Diluted (in dollars per share)	$ 23.58	$ 20.45	$ 45.28	$ 41.62
Weighted average number of common shares
Basic (in shares)	781,880	789,646	783,976	789,646
Diluted (in shares)	781,880	789,646	783,976	789,646

UNAUDITED CONSOLIDATED STATEM_4

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 18,443	$ 16,153	$ 35,501	$ 32,866
Other comprehensive income
Unrealized holding (losses)/gains on securities available-for-sale	(11,434)	3,957	(27,299)	(14,609)
Reclassification adjustment for (gains)/losses on available-for-sale securities	(2)	(714)	(2)	(2,554)
Amortization of unrealized loss on securities transferred to held-to-maturity	(64)	(180)	(141)	(238)
Net unrealized holding (losses)/gains on securities available-for-sale	(11,500)	3,063	(27,442)	(17,401)
Income tax benefit/(expense)	3,400	(905)	8,113	5,144
Other comprehensive (loss)/income, net of tax	(8,100)	2,158	(19,329)	(12,257)
Total comprehensive income	$ 10,343	$ 18,311	$ 16,172	$ 20,609

UNAUDITED CONSOLIDATED STATEM_5

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Shares [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss)/Income [Member]	Total
Balance at Dec. 31, 2020	$ 8	$ 77,516	$ 333,070	$ 13,071	$ 423,665
Balance (in shares) at Dec. 31, 2020	789,646
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	32,866	0	32,866
Other comprehensive loss, net of tax	0	0	0	(12,257)	(12,257)
Cash dividends declared	0	0	(5,922)	0	(5,922)
Cash dividends returned	0	0	7	0	7
Balance at Jun. 30, 2021	$ 8	77,516	360,021	814	438,359
Balance (in shares) at Jun. 30, 2021	789,646
Balance at Mar. 31, 2021	$ 8	77,516	349,790	(1,344)	425,970
Balance (in shares) at Mar. 31, 2021	789,646
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	16,153	0	16,153
Other comprehensive loss, net of tax	0	0	0	2,158	2,158
Cash dividends declared	0	0	(5,922)	0	(5,922)
Balance at Jun. 30, 2021	$ 8	77,516	360,021	814	438,359
Balance (in shares) at Jun. 30, 2021	789,646
Balance at Dec. 31, 2021	$ 8	77,516	387,331	(1,719)	$ 463,136
Balance (in shares) at Dec. 31, 2021	789,646				789,646
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	35,501	0	$ 35,501
Other comprehensive loss, net of tax	0	0	0	(19,329)	(19,329)
Cash dividends declared	0	0	(6,110)	0	(6,110)
Repurchase of common stock	$ 0	(11,845)	0	0	(11,845)
Repurchase of common stock (in shares)	(12,456)
Balance at Jun. 30, 2022	$ 8	65,671	416,722	(21,048)	$ 461,353
Balance (in shares) at Jun. 30, 2022	777,190				777,190
Balance at Mar. 31, 2022	$ 8	73,264	404,389	(12,948)	$ 464,713
Balance (in shares) at Mar. 31, 2022	785,146
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	18,443	0	18,443
Other comprehensive loss, net of tax	0	0	0	(8,100)	(8,100)
Cash dividends declared	0	0	(6,110)	0	(6,110)
Repurchase of common stock	$ 0	(7,593)	0	0	(7,593)
Repurchase of common stock (in shares)	(7,956)
Balance at Jun. 30, 2022	$ 8	$ 65,671	$ 416,722	$ (21,048)	$ 461,353
Balance (in shares) at Jun. 30, 2022	777,190				777,190

UNAUDITED CONSOLIDATED STATEM_6

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared (in dollars per share)	$ 7.85	$ 7.50	$ 7.85	$ 7.50

UNAUDITED CONSOLIDATED STATEM_7

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 35,501	$ 32,866
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	1,500	1,250
Depreciation and amortization	1,270	1,318
Net amortization of securities premiums and discounts	275	797
Increase in cash surrender value of BOLI	(1,102)	(1,067)
Increase in deferred income taxes, net	(1,127)	(1,178)
Gains on sale of securities available-for-sale	(2)	(2,554)
Net changes in:
Other assets	(7,797)	(18,274)
Other liabilities	22,823	14,280
Net cash provided by operating activities	51,341	27,438
Cash flows from investing activities:
Net change in loans held for investment	(12,568)	66,550
Purchase of available-for-sale securities	(10,090)	(257,225)
Purchase of held-to-maturity securities	(168,149)	(124,070)
Maturities/sales of available-for-sale securities	27,679	381,117
Maturities of held-to-maturity securities	36,641	13,140
Purchase of premises and equipment	(526)	(377)
Purchase of other investments	(3,440)	(1,656)
Proceeds from sale of assets	34	74
Net cash provided by investing activities	(130,419)	77,553
Cash flows from financing activities:
Net increase in deposits	129,361	351,797
Cash dividends paid	(6,110)	(5,915)
Net cash used in share repurchase of common stock	(11,845)	0
Net provided by financing activities	111,406	345,882
Net change in cash and cash equivalents	32,328	450,873
Cash and cash equivalents, beginning of period	715,460	383,837
Cash and cash equivalents, end of period	747,788	834,710
Supplemental disclosures of cash flow information:
Cash paid for interest	2,580	3,220
Income taxes paid	9,343	19,181
Supplemental disclosures of non-cash transactions:
Investment securities available-for-sale transferred to held-to-maturity	$ 0	$ 316,925

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Significant Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Note 1—Basis of Presentation and Significant Accounting Policies The accompanying unaudited consolidated financial statements include the accounts of Farmers & Merchants Bancorp (“FMCB” or “Bancorp”), a bank holding company incorporated in the State of Delaware and its wholly owned subsidiary, Farmers & Merchants Bank of Central California (“FMB” or “Bank”) collectively (the “Company”). These unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the Securities and Exchange Commission (“SEC”). In preparing these financial statements, the Company has evaluated events and transactions subsequent to June 30, 2022 for potential recognition or disclosure. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and results of operations for the periods presented have been included. Certain information and note disclosures have been condensed or omitted pursuant to the rules and regulations of the SEC and the accounting standards for interim financial statements. Certain reclassifications have been made to the 2021 Consolidated Financial Statements and/or schedules to conform to the 2022 presentation. All significant intercompany transactions and balances have been eliminated. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the financial statements. Various elements of the Company’s accounting policies, by their nature, are inherently subject to estimation techniques, valuation assumptions and other subjective assessments. In particular, management has identified several accounting policies that, due to the judgments, estimates and assumptions inherent in those policies, are significant to an understanding of Bank’s financial statements. These policies relate to: (i) the methodology for the recognition of interest income; (ii) the determination of the provision and allowance for credit losses; (iii) the valuation of financial assets and liabilities recorded at fair value; (iv) the valuation of intangibles, such as goodwill and core deposit intangibles (“CDI”); (v) the valuation of other real estate owned (“OREO”); and (vi) the valuation or recognition of deferred tax assets and liabilities. These policies and judgments, estimates and assumptions are described in greater detail in subsequent notes to the Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations, Summary of Critical Accounting Policies and Estimates, in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 15, 2022 and Item 2 - Management’s Discussion and Analysis of Financial Condition and Results of Operations Summary of Critical Accounting Policies and Estimates included in this Quarterly Report on Form 10-Q. The information included in this Form 10-Q should be read in conjunction with our 2021 Form 10-K. Interim results are not necessarily indicative of results for a full year or any other interim period. Accounting Standards Pending Adoption — The following paragraphs provide descriptions of newly issued but not yet effective accounting standards that could have a material effect on the Company’s financial position or results of operations. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848). The amendments in this ASU are elective and provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform. The amendments in this ASU provide optional expedients and exceptions for applying generally accepted accounting principles (GAAP) to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. Since the issuance of this guidance, the publication cessation of the U.S. dollar LIBOR has been extended to June 30, 2023. We have not elected to apply these amendments. However, we will assess the applicability of the ASU to us and continue to monitor guidance for reference rate reform from FASB and its impact on our financial condition and results of operations. In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848). The main amendments in this ASU are intended to clarify certain optional expedients and scope of derivative instruments. The amendments are elective and effective immediately upon issuance of this ASU. Amendments may be elected through December 31, 2022. We have not elected to apply amendments at this time, however, will assess the applicability of this ASU to us as we continue to monitor guidance for reference rate reform from FASB and its impact on our financial condition and results of operations. In March 2022, the FASB issued guidance within ASU 2022-02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures These amendments require vintage disclosures including current-period gross write-offs by year of origination for financing receivables. Gross write-off information must be included in the vintage disclosures in accordance with ASC 326-20-50-6, which requires disclosure of the amortized cost basis of financing receivables by credit quality indicator and class of financing receivable by year of origination. The amendments in this ASU are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years since the Company previously adopted the amendments in ASU 2016-13, which is commonly referred to as the current expected credit loss methodology, on January 1, 2020. These amendments should be applied prospectively, though for the transition method related to the recognition and measurement of TDRs, an entity has the option to apply a modified retrospective transition method, resulting in a cumulative-effect adjustment to retained earnings in the period of adoption. Early adoption is permitted, including adoption in an interim period. If an entity elects to early adopt in an interim period, the guidance should be applied as of the beginning of the fiscal year that includes the interim period. An entity may elect to early adopt the amendments about TDRs and related disclosure enhancements separately from the amendments related to the vintage disclosures. The adoption of this ASU is not expected to have a material impact on the Company’s Consolidated Financial Statements. Impact of recent authoritative accounting guidance — On January 1, 2022, the Company adopted the Financial Accounting Standards Board (“FASB”) Accounting Standards Update (ASU) 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments, as amended, which replaces the incurred loss methodology that delays recognition until it is probable a loss has been incurred with an expected loss methodology that is referred to as CECL. In adopting ASU 2016-13 (Topic 326) Management determined that the Weighted Average Remaining Maturity (“WARM”) method was most appropriate given the Company’s current size and complexity. The implementation of the WARM method did not result in any material change in the calculation of the Company’s December 31, 2021 Allowance for Credit Losses, therefore, no adjustment to Shareholders’ Equity was made as of January 1, 2022. The main objective of this ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The ASU affects loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial asset not excluded from the scope that have the contractual right to receive cash. The ASU replaces the incurred loss impairment methodology in previous GAAP with CECL, a methodology that reflects current expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. This ASU requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. This ASU broadens the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually. The use of forecasted information incorporates more timely information in the estimate of expected credit loss, which will be more decision useful to users of the financial statements. The following table illustrates the pre-tax impact of the adoption of this ASU: January - (Dollars in thousands) Reported under ASC Reported Adoption Impact of ASC Adoption Allowance for credit losses: Real estate: Commercial $ (17,379 ) $ (28,536 ) $ 11,157 Agricultural (14,580 ) (9,613 ) (4,967 ) Residential and home equity (5,879 ) (2,847 ) (3,032 ) Construction (3,311 ) (1,456 ) (1,855 ) Total real estate (41,149 ) (42,452 ) 1,303 Commercial & industrial (11,417 ) (11,489 ) 72 Agricultural (6,363 ) (5,465 ) (898 ) Commercial leases (1,567 ) (938 ) (629 ) Consumer and other (511 ) (663 ) 152 Total allowance for credit losses $ (61,007 ) $ (61,007 ) $ - Subsequent events — The Company has evaluated events occurring subsequent to June 30, 2022 for

Risks and Uncertainties

Risks and Uncertainties	6 Months Ended
	Jun. 30, 2022
Risks and Uncertainties [Abstract]
Risks and Uncertainties	Note — The COVID-19 pandemic has affected the economy and businesses throughout the U.S., in California and in the markets served by the Company. Designated as an “essential business”, the Company’s subsidiary, Farmers & Merchants Bank of Central California, has kept all branches open and maintained regular business hours during the COVID-19 pandemic. Our staffing levels have remained stable during the COVID-19 pandemic. Through the CARES Act and H.R. 133, as well as related federal and state regulatory actions, the federal government has taken extraordinary efforts to provide financial assistance to individuals and companies to help them move through these difficult times. However, there are no guarantees how long the COVID-19 virus may continue to impact our economy, and therefore, the Company. While we expect the effects of COVID-19 could have an adverse future impact on our business, financial condition and results of operations, we are unable to predict the full extent or nature of these impacts at the current time.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2022
Investment Securities [Abstract]
Investment Securities	N ote 3— The amortized cost, fair values, and unrealized gains and losses of the securities available-for-sale are as follows: Available-for-Sale Securities Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of June 30, 2022 U.S. Treasury notes $ 4,968 $ - $ 16 $ 4,952 U.S. Government-sponsored securities 5,402 65 26 5,441 Mortgage-backed securities (1) 232,368 116 28,877 203,607 Collateralized mortgage obligations (1) 1,525 - 23 1,502 Corporate securities 10,049 - 523 9,526 Other 310 - - 310 Total available-for-sale securities $ 254,622 $ 181 $ 29,465 $ 225,338 (1) and collateralized mortgage obligations Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of December 31, 2021 U.S. Treasury notes $ 9,938 $ 151 $ - $ 10,089 U.S. Government-sponsored securities 6,351 62 39 6,374 Mortgage-backed securities (1) 253,300 3,200 5,380 251,120 Collateralized mortgage obligations (1) 2,412 24 - 2,436 Other 435 - - 435 Total available-for-sale securities $ 272,436 $ 3,437 $ 5,419 $ 270,454 (1) and collateralized mortgage obligations issued by an agency or government sponsored entity of the U.S. Government. The book values, estimated fair values and unrealized gains and losses of investments classified as held-to-maturity are as follows: Held-to-Maturity Securities Gross Unrealized (Dollars in thousands) Amortized Gains Losses Fair Value Allowance for Credit Losses As of June 30, 2022 Municipal securities $ 62,459 $ 33 $ 151 $ 62,341 $ 393 Mortgage-backed securities (1) 721,510 - 104,726 616,784 - Collateralized mortgage obligations (1) 84,414 - 8,705 75,709 - Total held-to-maturity securities $ 868,383 $ 33 $ 113,582 $ 754,834 $ 393 (1) All mortgage-backed securities and collateralized mortgage obligations Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of December 31, 2021 Municipal securities $ 66,496 $ 701 $ - $ 67,197 Mortgage-backed securities (1) 596,775 45 11,764 585,056 Collateralized mortgage obligations (1) 73,781 36 229 73,588 Total held-to-maturity securities $ 737,052 $ 782 $ 11,993 $ 725,841 (1) All mortgage-backed securities and collateralized mortgage obligations Fair values are based on quoted market prices or dealer quotes. If a quoted market price or dealer quote is not available, fair value is estimated using quoted market prices for similar securities. As of June 30, 2022, the Company held 556 investment securities of which 148 were in an unrealized loss position for less than twelve months and 101 securities were in an unrealized loss position for twelve months or more. Management periodically evaluates each investment security for other-than-temporary impairment relying primarily on industry analyst reports and observations of market conditions and interest rate fluctuations. Management believes it will be able to collect all amounts due according to the contractual terms of the underlying investment securities. The follo wing tables show the gross unrealized losses for available-for-sale securities that are less than 12 months and 12 months or more: Available-for-Sale Securities As of June 30, 2022 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of June 30 2022 U.S. Treasury notes $ 4,952 $ 16 $ - $ - $ 4,952 $ 16 U.S. Government-sponsored securities 46 - 1,623 26 1,669 26 Mortgage-backed securities (1) 90,670 6,663 103,737 22,214 194,407 28,877 Collateralized mortgage obligations (1) 1,501 23 - - 1,501 23 Corporate securities 9,526 523 - - 9,526 523 Total available-for-sale securities $ 106,695 $ 7,225 $ 105,360 $ 22,240 $ 212,055 $ 29,465 (1) All mortgage-backed securities and collateralized mortgage obligations As of December 31, 2021 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of December 31 2021 U.S. Government-sponsored securities $ 183 $ - $ 2,007 $ 39 $ 2,190 $ 39 Mortgage-backed securities (1) 61,469 1,192 104,489 4,188 165,958 5,380 Total available-for-sale securities $ 61,652 $ 1,192 $ 106,496 $ 4,227 $ 168,148 $ 5,419 (1) All mortgage-backed securities and collateralized mortgage obligations The following tables show the gross unrealized losses for held-to-maturity securities that are less than 12 months and 12 months or more: Held-to-Maturity Securities As of June 30, 2022 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of June 30 2022 Municipal securities $ 6,862 $ 151 $ - $ - $ 6,862 $ 151 Mortgage-backed securities (1) 404,026 57,850 212,758 46,876 616,784 104,726 Collateralized mortgage obligations (1) 73,221 8,705 - - 73,221 8,705 Total held-to-maturity securities $ 484,109 $ 66,706 $ 212,758 $ 46,876 $ 696,867 $ 113,582 (1) All mortgage-backed securities and collateralized mortgage obligations . As of December 31, 2021 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of December 31, 2021 Mortgage-backed securities (1) $ 570,119 $ 11,764 $ - $ - $ 570,119 $ 11,764 Collateralized mortgage obligations (1) 58,977 229 - - 58,977 229 Total held-to-maturity securities $ 629,096 $ 11,993 $ - $ - $ 629,096 $ 11,993 (1) All mortgage-backed securities and collateralized mortgage obligations . U.S. Government-sponsored securities. Mortgage-backed securities and collateralized mortgage obligations. The unrealized losses were caused by interest rate fluctuations. The contractual cash flows of these investments are guaranteed by an agency or government-sponsored entity of the U.S. government. Accordingly, it is expected that the securities would not be settled at a price less than the amortized cost of the Company’s investment. The decline in market value is attributable to changes in interest rates and not credit quality. The Company does not intend to sell the securities and it is more likely than not that the Company will not have to sell the securities before recovery of their amortized cost basis. Corporate securities. Changes in the prices of corporate securities are primarily influenced by: (1) changes in market interest rates; (2) changes in perceived credit risk in the general economy or in particular industries; (3) changes in the perceived credit risk of a particular company; and (4) day to day trading supply, demand and liquidity. The Company monitors the status of each of our corporate securities and at the current time does not believe any of them to be exhibiting financial problems that could result in a loss in any individual security. The Company does not intend to sell the securities and it is more likely than not that the Company would not have to sell the securities before recovery of their amortized cost basis. Obligations of states and political subdivisions. The amortized cost and estimated fair values of investment securities at June 30, 2022 by contractual maturity are shown in the following tables: Available-for-Sale Held-to-Maturity ( Doll Amortized Cost Fair Value Amortized Cost Fair Value Securities maturing in: One year or less $ 5,290 $ 5,274 $ 700 $ 700 After one year through five years 5,120 4,842 7,089 7,074 After five years through ten years 5,411 5,168 15,948 15,926 After ten years 4,908 4,945 38,722 38,641 $ 20,729 $ 20,229 $ 62,459 $ 62,341 Securities not due at a single maturity date: Mortgage-backed securities 232,368 203,607 721,510 616,784 Collateralized mortgage obligations 1,525 1,502 84,414 75,709 Total $ 254,622 $ 225,338 $ 868,383 $ 754,834 Expected maturities of mortgage-backed securities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without call or prepayment penalties. The Company monitors the credit quality of those available-for-sale and held-to-maturity debt securities not issued by the U.S. government or one of its agencies or government sponsored entities, through the use of credit ratings. Credit ratings are reviewed and updated quarterly. The following table summarizes the fair value of available-for-sale and amortized cost of held-to-maturity debt securities by credit rating at June 30, 2022: Available-for-Sale Held-to-Maturity Fair Value Amortized Cost (Dollars in thousands) AAA/AA/A BBB/BB/B Not Rated AAA/AA/A BBB/BB/B Not Rated June 30, 2022 Breakdown by Category: U.S. Treasury notes $ - $ - $ 4,952 $ - $ - $ - U.S. Government-sponsored securities - - 5,441 - - - Mortgage-backed securities (1) - - 203,607 - - 721,510 Collateralized mortgage obligations (1) - - 1,502 - - 84,414 Municipal securities - - - 19,271 149 43,039 Corporate securities 4,738 4,788 - - - - Other - - 310 - - - Total Investment Grade $ 4,738 $ 4,788 $ 215,812 $ 19,271 $ 149 $ 848,963 (1) All mortgage-backed securities and collateralized mortgage obligations issued by an agency or government sponsored entity of the U.S. government. The following table presents the activity in the allowance for credit losses for held-to-maturity debt securities by major type for the six months ended June 30, 2022. For the Six Months Ended June 30, 2022 (Dollars in thousands) Municipal securities Mortgage- backed securites Collateralized Mortgage obligation Total Allowance for credit losses - securities Beginning Balance $ - $ - $ - $ - Provision for credit losses 393 - - 393 Ending Balance $ 393 $ - $ - $ 393 Proceeds from sales and calls of these securities were as follows: (Dollars in thousands) Gross Proceeds Gross Gains Gross Losses Six months ended June 30, 2022 $ 2,610 $ 2 $ - Six months ended June 30, 2021 $ 299,870 $ 5,570 $ 3,016 Pledged Securities As of June 30, 2022, securities carried at $512 million were pledged to secure public deposits, Federal Home Loan Bank (“FHLB”) borrowings, and other government agency deposits as required by law. This amount was $426 million at December 31, 2021.

Loans and Leases

Loans and Leases	6 Months Ended
	Jun. 30, 2022
Loans and Leases [Abstract]
Loans and Leases	Note 4— Loans and Leases Loans and leases as of the dates indicated consisted of the following: (Dollars in thousands) June 30, December 31, 2021 Loans and leases held for investment, net Real estate: Commercial $ 1,210,195 $ 1,167,516 Agricultural 709,624 672,830 Residential and home equity 371,874 350,581 Construction 162,713 177,163 Total real estate 2,454,406 2,368,090 Commercial & industrial 439,455 427,799 Agricultural 261,856 276,684 Commercial leases 89,095 96,971 Consumer and other (1) 13,588 78,367 Total gross loans and leases 3,258,400 3,247,911 Unearned income (8,514 ) (10,734 ) Total net loans and leases 3,249,886 3,237,177 Allowance for credit losses (62,080 ) (61,007 ) Total loans and leases held for investment, net $ 3,187,806 $ 3,176,170 (1) Includes SBA PPP loans. Paycheck Protection Program (“PPP”) — Under the CARES Act and H.R. 133 (see “Note 2 – Risks and Uncertainties”) the Small Business Administration (“SBA”) was directed by Congress to provide loans to small businesses with less than 500 employees to assist these businesses in meeting their payroll and other financial obligations during the COVID-19 pandemic. These government guaranteed loans are made with an interest rate of 1%, a risk weight of 0% under risk-based capital rules, have a term of 2 to 5 years, and under certain conditions the SBA will forgive them. The Bank actively participated in the PPP, and since April 2020, the Bank has funded $ million of loans for small business customers. PPP loans outstanding were and at June 30 and December respectively. At June 30, 2022, the portion of loans that were approved for pledging as collateral on borrowing lines with the Federal Home Loan Bank (“FHLB”) and the Federal Reserve Bank (“FRB”) were $1.2 billion and $870 million, respectively. The borrowing capacity on these loans was $794 million from FHLB and $657 million from the FRB. The following tables show an aging analysi s of the loan & lease portfolio, including unearned income, by the time past due for the periods indicated: June 30, 2022 (Dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Non- accrual Total Past Due Total Loans and leases held for investment, net Real estate: Commercial $ 1,200,516 $ - $ - $ 1,674 $ 1,674 $ 1,202,190 Agricultural 709,149 - - 475 475 709,624 Residential and home equity 371,847 27 - - 27 371,874 Construction 162,713 - - - - 162,713 Total real estate 2,444,225 27 - 2,149 2,176 2,446,401 Commercial & industrial 439,258 197 - - 197 439,455 Agricultural 260,977 - - 879 879 261,856 Commercial leases 88,586 - - - - 88,586 Consumer and other 13,578 10 - - 10 13,588 Total loans and leases, net $ 3,246,624 $ 234 $ - $ 3,028 $ 3,262 $ 3,249,886 December 31, 2021 (Dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Non- accrual Total Past Due Total Loans and leases held for investment, net Real estate: Commercial $ 1,156,879 $ 459 $ - $ - $ 459 $ 1,157,338 Agricultural 672,812 - - 18 18 672,830 Residential and home equity 350,492 89 - - 89 350,581 Construction 177,163 - - - - 177,163 Total real estate 2,357,346 548 - 18 566 2,357,912 Commercial & industrial 427,799 - - - - 427,799 Agricultural 276,186 - - 498 498 276,684 Commercial leases 96,415 - - - - 96,415 Consumer and other 78,363 4 - - 4 78,367 Total loans and leases, net $ 3,236,109 $ 552 $ - $ 516 $ 1,068 $ 3,237,177 Non-accrual loans are summarized as follows: (Dollars in thousands) June 30, 2022 December 31, 2021 Non-accrual loans and leases: Non-accrual loans and leases, not TDRs Real estate: Commercial $ 1,674 $ - Agricultural 475 18 Residential and home equity - - Construction - - Total real estate 2,149 18 Commercial & industrial - - Agricultural 879 - Commercial leases - - Consumer and other - - Subtotal 3,028 18 Non-accrual loans and leases, are TDRs Real estate: Commercial $ - $ - Agricultural - - Residential and home equity - - Construction - - Total real estate - - Commercial & industrial - - Agricultural - 498 Commercial leases - - Consumer and other - - Subtotal - 498 Total non-accrual loans and leases $ 3,028 $ 516 The following table lists total troubled debt restructured loans that the Company is either accruing or not accruing interest by loan category: (Dollars in thousands) June 30, 2022 December 31, 2021 Troubled debt restructured loans and leases: Accruing TDR loans and leases Real estate: Commercial $ - $ 41 Agricultural - - Residential and home equity 1,334 1,522 Construction - - Total real estate 1,334 1,563 Commercial & industrial 55 260 Agricultural - - Commercial leases - - Consumer and other - 1 Subtotal 1,389 1,824 Non-accruing TDR loans and leases Real estate: Commercial $ - $ - Agricultural - - Residential and home equity - - Construction - - Total real estate - - Commercial & industrial - - Agricultural - 498 Commercial leases - - Consumer and other - - Subtotal - 498 Total TDR loans and leases $ 1,389 $ 2,322 The below table summarize TDRs outstanding as of June 30, 2022, by year of occurrence: June 30, 2022 (Dollars in thousands) # of Accruing TDR $ of Accruing TDR # of Non- Accruing TDR $ of Non- Accruing TDR # of Total TDR $ of Total TDR Loan and lease TDRs 2022 - $ - - $ - - $ - 2021 1 48 - - 1 48 2020 4 266 - - 4 266 2019 - - - - - - Thereafter 8 1,075 - - 8 1,075 Total 13 $ 1,389 - $ - 13 $ 1,389 The Company did not enter into any troubled debt restructuring with borrowers during the six months ended June 30, 2022 and 2021, respectively. Outstanding loan balances (accruing and non-accruing) categorized by these credit quality indicators are summarized as follows: June 30, 2022 (Dollars in thousands) Pass Special Mention Sub- standard Doubtful Total Loans & Leases Total Allowance for Credit Losses Loans and leases held for investment, net Real estate: Commercial $ 1,187,461 $ 8,629 $ 6,100 $ - $ 1,202,190 $ 17,879 Agricultural 697,994 5,003 6,627 - 709,624 16,837 Residential and home equity 371,494 - 380 - 371,874 6,874 Construction 160,787 1,926 - - 162,713 2,876 Total real estate 2,417,736 15,558 13,107 - 2,446,401 44,466 Commercial & industrial 431,441 7,459 555 - 439,455 10,139 Agricultural 260,079 880 897 - 261,856 5,669 Commercial leases 88,468 118 - - 88,586 1,645 Consumer and other 13,391 - 197 - 13,588 161 Total loans and leases, net $ 3,211,115 $ 24,015 $ 14,756 $ - $ 3,249,886 $ 62,080 December 31, 2021 (Dollars in thousands) Pass Special Sub- standard Doubtful Total Loans & Leases Total Allowance for Credit Losses Loans and leases held for investment, net Real estate: Commercial $ 1,142,175 $ 6,903 $ 8,260 $ - $ 1,157,338 $ 28,536 Agricultural 663,157 3,292 6,381 - 672,830 9,613 Residential and home equity 350,148 - 433 - 350,581 2,847 Construction 177,163 - - - 177,163 1,456 Total real estate 2,332,643 10,195 15,074 - 2,357,912 42,452 Commercial & industrial 417,806 9,321 672 - 427,799 11,489 Agricultural 275,206 958 520 - 276,684 5,465 Commercial leases 96,415 - - - 96,415 938 Consumer and other 78,181 - 186 - 78,367 663 Total loans and leases, net $ 3,200,251 $ 20,474 $ 16,452 $ - $ 3,237,177 $ 61,007 The following table represents outstanding loan balances by credit quality indicators and vintage year by class of financing receivable as of June 30, 2022: June 30, 2022 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Total Net loans and leases held for investment Real estate: Commercial Pass $ 64,720 $ 239,840 $ 161,165 $ 73,041 $ 87,035 $ 237,333 $ 324,326 $ 1,187,461 Special mention - - - - 3,866 834 3,929 8,629 Substandard - - - - - 4,203 1,897 6,100 Doubtful - - - - - - - - Total Commercial $ 64,720 $ 239,840 $ 161,165 $ 73,041 $ 90,901 $ 242,370 $ 330,152 $ 1,202,190 Agricultural Pass $ 34,325 $ 43,251 $ 58,263 $ 15,341 $ 53,916 $ 157,648 $ 335,250 $ 697,994 Special mention - - 2,367 2,636 - - - 5,003 Substandard - - - - 118 6,034 475 6,627 Doubtful - - - - - - - - Total Agricultural $ 34,325 $ 43,251 $ 60,630 $ 17,977 $ 54,034 $ 163,682 $ 335,725 $ 709,624 Residential and home equity Pass $ 40,868 $ 100,298 $ 90,939 $ 15,957 $ 7,140 $ 82,590 $ 33,702 $ 371,494 Special mention - - - - - - - - Substandard - - - - - 235 145 380 Doubtful - - - - - - - - Total Residential and home equity $ 40,868 $ 100,298 $ 90,939 $ 15,957 $ 7,140 $ 82,825 $ 33,847 $ 371,874 Construction Pass $ - $ - $ - $ 2,272 $ - $ 92 $ 158,423 $ 160,787 Special mention - - - - - - 1,926 1,926 Substandard - - - - - - - - Doubtful - - - - - - - - Total construction $ - $ - $ - $ 2,272 $ - $ 92 $ 160,349 $ 162,713 Total Real estate $ 139,913 $ 383,389 $ 312,734 $ 109,247 $ 152,075 $ 488,969 $ 860,073 $ 2,446,401 Commercial & industrial Pass $ 8,395 $ 44,225 $ 15,482 $ 12,734 $ 10,126 $ 9,183 $ 331,296 $ 431,441 Special mention - 76 - - - 3 7,380 7,459 Substandard - - - - - 30 525 555 Doubtful - - - - - - - - Total Commercial & industrial $ 8,395 $ 44,301 $ 15,482 $ 12,734 $ 10,126 $ 9,216 $ 339,201 $ 439,455 Agricultural Pass $ 3,547 $ 4,532 $ 1,194 $ 1,626 $ 776 $ 2,273 $ 246,131 $ 260,079 Special mention - - - - - 12 868 880 Substandard - - - 14 4 79 800 897 Doubtful - - - - - - - - Total Agricultural $ 3,547 $ 4,532 $ 1,194 $ 1,640 $ 780 $ 2,364 $ 247,799 $ 261,856 Commercial leases Pass $ 1,566 $ 17,129 $ 14,293 $ 8,473 $ 21,686 $ 25,320 $ - $ 88,468 Special mention - - - 118 - - - 118 Substandard - - - - - - - - Doubtful - - - - - - - - Total Commercial leases $ 1,566 $ 17,129 $ 14,293 $ 8,591 $ 21,686 $ 25,320 $ - $ 88,586 Consumer and other Pass $ 901 $ 7,589 $ 475 $ 350 $ 531 $ 2,713 $ 832 $ 13,391 Special mention - - - - - - - - Substandard 197 - - - - - - 197 Doubtful - - - - - - - - Total Consumer and other $ 1,098 $ 7,589 $ 475 $ 350 $ 531 $ 2,713 $ 832 $ 13,588 Total net loans and leases $ 154,519 $ 456,941 $ 344,178 $ 132,563 $ 185,198 $ 528,583 $ 1,447,905 $ 3,249,886 The following tables provide amortized cost basis for collateral dependent loans as of June 30, 2022 and December 31, 2021, respectively: June 30, 2022 (Dollars in thousands) Real Estate Vehicles Total Collateral dependent loans and leases Real estate: Commercial $ - $ - $ - Agricultural 5,533 - 5,533 Residential and home equity 216 - 216 Construction - - - Total Real estate 5,749 - 5,749 Commercial & industrial - - - Agricultural - - - Commercial leases - - - Consumer and other - 165 165 Total gross loans and leases $ 5,749 $ 165 $ 5,914 December 31, 2021 (Dollars in thousands) Real Estate Vehicles Total Collateral dependent loans and leases Real estate: Commercial $ 5 $ - $ 5 Agricultural 5,587 - 5,587 Residential and home equity 330 - 330 Construction - - - Total Real estate 5,922 - 5,922 Commercial & industrial - - - Agricultural - - - Commercial leases - - - Consumer and other - 173 173 Total gross loans and leases $ 5,922 $ 173 $ 6,095 Changes in the allowance for credit losses are as follows: For the Three Months Ended June 30, 2022 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total Allowance for credit losses: Beginning balance $ 32,511 $ 3,777 $ 6,759 $ 16,098 $ 1,466 $ 421 $ 61,032 Provision / (recapture) for credit losses 2,205 (901 ) 10 (131 ) 179 (255 ) 1,107 Charge-offs - - - (276 ) - (9 ) (285 ) Recoveries - - 105 117 - 4 226 Net (charge-offs) / recoveries - - 105 (159 ) - (5 ) (59 ) Ending balance $ 34,716 $ 2,876 $ 6,874 $ 15,808 $ 1,645 $ 161 $ 62,080 For the Six Months Ended June 30, 2022 (Dollars in thousands) Commercial & Agricultural R/E Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer & Other Total Allowance for credit losses: Beginning balance $ 38,149 $ 1,456 $ 2,847 $ 16,954 $ 938 $ 663 $ 61,007 Impact of Adopting ASC 326 (6,190 ) 1,855 3,032 826 629 (152 ) - Provision / (recapture) for credit losses 2,757 (435 ) 876 (1,831 ) 78 (338 ) 1,107 Charge-offs - - - (276 ) - (18 ) (294 ) Recoveries - - 119 135 - 6 260 Net (charge-offs) / recoveries - - 119 (141 ) - (12 ) (34 ) Ending balance $ 34,716 $ 2,876 $ 6,874 $ 15,808 $ 1,645 $ 161 $ 62,080

Deposits

Deposits	6 Months Ended
	Jun. 30, 2022
Deposits [Abstract]
Deposits	Note 5—Deposits Certificate of deposits greater than and less than or equal to the FDIC insurance limit are summarized as follows: (Dollars in thousands) June 30, 2022 December 31, 2021 Certificate of deposits: Certificates of deposits less than or equal to $250,000 $ 216,390 $ 223,620 Certificates of deposits greater than $250,000 162,240 168,865 Total certificates of deposits $ 378,630 $ 392,485 Scheduled maturities for certificates of deposit are as follows: (Dollars in thousands) Amount 2022 $ 217,575 2023 147,620 2024 8,788 2025 2,270 2026 2,377 Total time deposits $ 378,630

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2022
Shareholders' Equity [Abstract]
Shareholders' Equity	Note 6—Shareholders’ Equity The Company and the Bank are subject to various regulatory capital adequacy guidelines as outlined under Part 324 of the FDIC Rules and Regulations. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Company and the Bank’s assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Company and the Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The Company believes that it is currently in compliance with all of these capital requirements and that they will not result in any restrictions on the Company’s business activity. Management believes that the Bank meets the requirements to be categorized as “well capitalized” under the FDIC regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the following tables. The Company’s and Bank’s actual and required capital amounts and ratios are as follows: June 30, 2022 Actual Minimum to be Categorized as “Adequately Capitalized” Minimum to be Categorized as “Well Capitalized” (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Farmers & Merchants Bancorp CET1 capital to risk-weighted assets $ 468,463 11.55 % $ 182,499 4.50 % N/A N/A Tier 1 capital to risk-weighted assets 478,463 11.80 % 243,332 6.00 % N/A N/A Risk-based capital to risk-weighted assets 529,311 13.05 % 324,442 8.00 % N/A N/A Tier 1 leverage capital ratio 478,463 8.94 % 214,167 4.00 % N/A N/A Farmers & Merchants Bank CET1 capital to risk-weighted assets $ 475,077 11.72 % $ 182,470 4.50 % $ 263,567 6.50 % Tier 1 capital to risk-weighted assets 475,077 11.72 % 243,293 6.00 % 324,391 8.00 % Risk-based capital to risk-weighted assets 525,918 12.97 % 324,391 8.00 % 405,488 10.00 % Tier 1 leverage capital ratio 475,077 8.89 % 213,871 4.00 % 267,339 5.00 % December 31, 2021 Actual Minimum to be Categorized as “Adequately Capitalized” Minimum to be Categorized as “Well Capitalized” (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Farmers & Merchants Bancorp CET1 capital to risk-weighted assets $ 450,687 11.68 % $ 173,674 4.50 % N/A N/A Tier 1 capital to risk-weighted assets 460,687 11.94 % 231,566 6.00 % N/A N/A Risk-based capital to risk-weighted assets 509,091 13.19 % 308,755 8.00 % N/A N/A Tier 1 leverage capital ratio 460,687 8.92 % 206,606 4.00 % N/A N/A Farmers & Merchants Bank CET1 capital to risk-weighted assets $ 459,813 11.91 % $ 173,664 4.50 % $ 250,847 6.50 % Tier 1 capital to risk-weighted assets 459,813 11.91 % 231,551 6.00 % 308,735 8.00 % Risk-based capital to risk-weighted assets 508,215 13.17 % 308,735 8.00 % 385,919 10.00 % Tier 1 leverage capital ratio 459,813 8.91 % 206,426 4.00 % 258,033 5.00 % Basic and diluted earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Earnings per common share have been computed based on the following: Three Months Ended June 30, (Dollars in thousands, except share and per share amounts) 2022 2021 Numerator Net income $ 18,443 $ 16,153 Denominator Weighted average number of common shares outstanding 781,880 789,646 Weighted average number of dilutive shares outstanding 781,880 789,646 Basic earnings per common share $ 23.58 $ 20.45 Diluted earning per common share $ 23.58 $ 20.45 Six Months Ended June 30, (Dollars in thousands, except share and per share amounts) 2022 2021 Numerator Net income $ 35,501 $ 32,866 Denominator Weighted average number of common shares outstanding 783,976 789,646 Weighted average number of dilutive shares outstanding 783,976 789,646 Basic earnings per common share $ 45.28 $ 41.62 Diluted earning per common share $ 45.28 $ 41.62

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 7—Fair Value Measurements The Company follows the “Fair Value Measurement and Disclosures” topic of the FASB ASC, which establishes a framework for measuring fair value in U.S. GAAP and expands disclosures about fair value measurements. U.S. GAAP requires disclosure of fair value information about financial instruments, whether or not recognized on the balance sheet, for which it is practical to estimate that value. This standard applies whenever other standards require, or permit assets or liabilities to be measured at fair value but does not expand the use of fair value in any new circumstances. In this standard, the FASB clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability. In support of this principle, this standard establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. The fair value hierarchy is as follows: Level 1 inputs – Unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Level 2 inputs – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs – Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities. Management monitors the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period. Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. Securities classified as available-for-sale are reported at fair value on a recurring basis utilizing Level 1, 2 and 3 inputs. For these securities, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s The Company does not record all loans and leases at fair value on a recurring basis. However, from time to time, a loan or lease is considered collateral dependent and an allowance for credit losses is established. Once a loan or lease is identified as collaterally dependent, management measures impairment in accordance with the “Receivable” topic of the FASB ASC. The fair value of loans or leases is estimated using one of several methods, including collateral value when the loan is collateral dependent, market value of similar debt, enterprise value, and discounted cash flows. Collateral dependent loans and leases not requiring an allowance represent loans and leases for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans and leases. loans and leases where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. These appraisals may utilize a single valuation approach or a combination of approaches including sales comparison, cost and the income approach. Adjustments are often made in the appraisal process by the appraisers to take into account differences between the comparable sales and income and other available data. Such adjustments can be significant and typically result in a Level 3 classification of the inputs for determining fair value. The valuation technique used for Level 3 nonrecurring collateral dependent loans is primarily the sales comparison approach less selling costs of 10%. OREO is reported at fair value on a non-recurring basis. Fair values are based on recent real estate appraisals. These appraisals may use a single valuation approach or a combination of approaches including sales comparison, cost and the income approach. Adjustments are often made in the appraisal process by the appraisers to take in to account differences between the comparable sales and income and other available data. Such adjustments can be significant and typically result in a Level 3 classification of the inputs for determining fair value. The valuation technique used for Level 3 nonrecurring OREO is primarily the sales comparison approach less selling costs of 10%. The following tables summarize the carrying value and estimated fair values of the Company’s financial assets and liabilities on a recurring basis and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value for the periods indicated. June 30 2022 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 747,788 $ 747,788 $ - $ - $ 747,788 Investment securities available-for-sale 225,338 4,952 220,386 - 225,338 Investment securities held-to-maturity 867,990 - 720,108 43,039 763,147 Non-marketable securities 15,549 - - 15,549 15,549 Loans and leases, net 3,187,806 - - 3,180,540 3,180,540 Bank-owned life insurance 72,513 72,513 - - 72,513 Financial Liabilities: Total deposits $ 4,769,513 $ - $ 4,390,883 $ 373,285 $ 4,764,168 Subordinated debentures 10,310 - 9,181 - 9,181 December 31, 2021 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 715,460 $ 715,460 $ - $ - $ 715,460 Investment securities available-for-sale 270,454 10,214 260,240 - 270,454 Investment securities held-to-maturity 737,052 - 681,588 44,446 726,034 Non-marketable securities 15,549 - - 15,549 15,549 Loans and leases, net 3,176,170 - - 3,179,857 3,179,857 Bank-owned life insurance 71,411 71,411 - - 71,411 Financial Liabilities: Total deposits $ 4,640,152 $ - $ 4,247,666 $ 391,732 $ 4,639,398 Subordinated debentures 10,310 - 6,890 - 6,890 Non-recurring Measurements: collateral dependent loans and OREO are classified with Level 3 of the fair value hierarchy. The estimated fair value of collateral dependent loans is based on the fair value of the collateral, less estimated costs to sell. The Company receives an appraisal or performs an evaluation for each collateral dependent loan. The key inputs used to determine the fair value of collateral dependent loans include selling costs, and adjustment to comparable collateral. Valuations and significant inputs obtained by independent sources are reviewed by the Company for accuracy and reasonableness. Appraisals are typically obtained at least on an annual basis. The Company also considers other factors and events that may affect the fair value. The appraisals or evaluations are reviewed at least on a quarterly basis to determine if any adjustments are needed. After review and acceptance of the appraisal or evaluation, adjustments to collateral dependent loans may occur. The following tables present information about the Bank’s assets and liabilities measured at fair value on a recurring and non-recurring basis and indicate the fair value hierarchy of the valuation techniques utilized by the Bank to determine such fair value for the periods indicated. June 30 2022 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Investment securities available-for-sale U.S. Treasury notes $ 4,952 $ 4,952 $ - $ - $ 4,952 U.S. Government-sponsored securities 5,441 - 5,441 - 5,441 Mortgage-backed securities 203,607 - 203,607 - 203,607 Collateralized mortgage obligations 1,502 - 1,502 - 1,502 Corporate securities 9,526 - 9,526 - 9,526 Other 310 - 310 - 310 Fair valued on a non-recurring basis: Other real estate $ 873 $ - $ - $ 873 $ 873 December 31, 2021 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Investment securities available-for-sale U.S. Treasury notes $ 10,089 $ 10,089 $ - $ - $ 10,089 U.S. Government-sponsored securities 6,374 - 6,374 - 6,374 Mortgage-backed securities 251,120 - 251,120 - 251,120 Collateralized mortgage obligations 2,436 - 2,436 - 2,436 Other 435 125 310 - 435 Fair valued on a non-recurring basis: Individually evaluated loans $ 2,562 $ - $ - $ 2,562 $ 2,562 Other real estate 873 - - 873 873

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 8—Commitments and Contingencies In the normal course of business, the Company enters into financial instruments with off balance sheet risk in order to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These instruments include commitments to extend credit, letters of credit, and other types of financial guarantees. The Company had the following off balance sheet commitments as of the dates indicated. (Dollars in thousands) June 30, 2022 December 31, 2021 Commitments to extend credit, including unsecured commitments of $ 20,787 21,036 $ 995,795 $ 937,009 Stand-by letters of credit, including unsecured commitments of $ 7,409 9,091 16,484 17,880 Performance guarantees under interest rate swap contracts entered into with our clients and third-parties - 1,433 The Company’s exposure to credit loss in the event of nonperformance by the other party with regard to standby letters of credit, undisbursed loan commitments, and financial guarantees is represented by the contractual notional amount of those instruments. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. The Company uses the same credit policies in making commitments and conditional obligations as it does for recorded balance sheet items. The Company may or may not require collateral or other security to support financial instruments with credit risk. Evaluations of each customer’s creditworthiness are performed on a case-by-case basis. Standby letters of credit are conditional commitments issued by the Company to guarantee performance of or payment for a customer to a third-party. Outstanding standby letters of credit have maturity dates ranging from 1 to 60 months with final expiration in January 2027. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. In the ordinary course of business, the Company becomes involved in litigation arising out of its normal business activities. Management, after consultation with legal counsel, believes that the ultimate liability, if any, resulting from the disposition of such claims would not be material in relation to the financial position of the Company. The Company may be required to maintain average reserves on deposit with the Federal Reserve Bank primarily based on deposits outstanding. Reserve requirements are offset by the Company’s vault cash and deposit balances maintained with the Federal Reserve Bank.

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Significant Accounting Policies [Abstract]
Accounting Standards Adoption	Accounting Standards Pending Adoption — The following paragraphs provide descriptions of newly issued but not yet effective accounting standards that could have a material effect on the Company’s financial position or results of operations. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848). The amendments in this ASU are elective and provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform. The amendments in this ASU provide optional expedients and exceptions for applying generally accepted accounting principles (GAAP) to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. Since the issuance of this guidance, the publication cessation of the U.S. dollar LIBOR has been extended to June 30, 2023. We have not elected to apply these amendments. However, we will assess the applicability of the ASU to us and continue to monitor guidance for reference rate reform from FASB and its impact on our financial condition and results of operations. In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848). The main amendments in this ASU are intended to clarify certain optional expedients and scope of derivative instruments. The amendments are elective and effective immediately upon issuance of this ASU. Amendments may be elected through December 31, 2022. We have not elected to apply amendments at this time, however, will assess the applicability of this ASU to us as we continue to monitor guidance for reference rate reform from FASB and its impact on our financial condition and results of operations. In March 2022, the FASB issued guidance within ASU 2022-02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures These amendments require vintage disclosures including current-period gross write-offs by year of origination for financing receivables. Gross write-off information must be included in the vintage disclosures in accordance with ASC 326-20-50-6, which requires disclosure of the amortized cost basis of financing receivables by credit quality indicator and class of financing receivable by year of origination. The amendments in this ASU are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years since the Company previously adopted the amendments in ASU 2016-13, which is commonly referred to as the current expected credit loss methodology, on January 1, 2020. These amendments should be applied prospectively, though for the transition method related to the recognition and measurement of TDRs, an entity has the option to apply a modified retrospective transition method, resulting in a cumulative-effect adjustment to retained earnings in the period of adoption. Early adoption is permitted, including adoption in an interim period. If an entity elects to early adopt in an interim period, the guidance should be applied as of the beginning of the fiscal year that includes the interim period. An entity may elect to early adopt the amendments about TDRs and related disclosure enhancements separately from the amendments related to the vintage disclosures. The adoption of this ASU is not expected to have a material impact on the Company’s Consolidated Financial Statements. Impact of recent authoritative accounting guidance — On January 1, 2022, the Company adopted the Financial Accounting Standards Board (“FASB”) Accounting Standards Update (ASU) 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments, as amended, which replaces the incurred loss methodology that delays recognition until it is probable a loss has been incurred with an expected loss methodology that is referred to as CECL. In adopting ASU 2016-13 (Topic 326) Management determined that the Weighted Average Remaining Maturity (“WARM”) method was most appropriate given the Company’s current size and complexity. The implementation of the WARM method did not result in any material change in the calculation of the Company’s December 31, 2021 Allowance for Credit Losses, therefore, no adjustment to Shareholders’ Equity was made as of January 1, 2022. The main objective of this ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The ASU affects loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial asset not excluded from the scope that have the contractual right to receive cash. The ASU replaces the incurred loss impairment methodology in previous GAAP with CECL, a methodology that reflects current expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. This ASU requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. This ASU broadens the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually. The use of forecasted information incorporates more timely information in the estimate of expected credit loss, which will be more decision useful to users of the financial statements. The following table illustrates the pre-tax impact of the adoption of this ASU: January - (Dollars in thousands) Reported under ASC Reported Adoption Impact of ASC Adoption Allowance for credit losses: Real estate: Commercial $ (17,379 ) $ (28,536 ) $ 11,157 Agricultural (14,580 ) (9,613 ) (4,967 ) Residential and home equity (5,879 ) (2,847 ) (3,032 ) Construction (3,311 ) (1,456 ) (1,855 ) Total real estate (41,149 ) (42,452 ) 1,303 Commercial & industrial (11,417 ) (11,489 ) 72 Agricultural (6,363 ) (5,465 ) (898 ) Commercial leases (1,567 ) (938 ) (629 ) Consumer and other (511 ) (663 ) 152 Total allowance for credit losses $ (61,007 ) $ (61,007 ) $ -
Subsequent events	Subsequent events — The Company has evaluated events occurring subsequent to June 30, 2022 for

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Significant Accounting Policies [Abstract]
Pre-tax Impact Adoption of ASU	The following table illustrates the pre-tax impact of the adoption of this ASU: January - (Dollars in thousands) Reported under ASC Reported Adoption Impact of ASC Adoption Allowance for credit losses: Real estate: Commercial $ (17,379 ) $ (28,536 ) $ 11,157 Agricultural (14,580 ) (9,613 ) (4,967 ) Residential and home equity (5,879 ) (2,847 ) (3,032 ) Construction (3,311 ) (1,456 ) (1,855 ) Total real estate (41,149 ) (42,452 ) 1,303 Commercial & industrial (11,417 ) (11,489 ) 72 Agricultural (6,363 ) (5,465 ) (898 ) Commercial leases (1,567 ) (938 ) (629 ) Consumer and other (511 ) (663 ) 152 Total allowance for credit losses $ (61,007 ) $ (61,007 ) $ -

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investment Securities [Abstract]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-Sale	The amortized cost, fair values, and unrealized gains and losses of the securities available-for-sale are as follows: Available-for-Sale Securities Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of June 30, 2022 U.S. Treasury notes $ 4,968 $ - $ 16 $ 4,952 U.S. Government-sponsored securities 5,402 65 26 5,441 Mortgage-backed securities (1) 232,368 116 28,877 203,607 Collateralized mortgage obligations (1) 1,525 - 23 1,502 Corporate securities 10,049 - 523 9,526 Other 310 - - 310 Total available-for-sale securities $ 254,622 $ 181 $ 29,465 $ 225,338 (1) and collateralized mortgage obligations Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of December 31, 2021 U.S. Treasury notes $ 9,938 $ 151 $ - $ 10,089 U.S. Government-sponsored securities 6,351 62 39 6,374 Mortgage-backed securities (1) 253,300 3,200 5,380 251,120 Collateralized mortgage obligations (1) 2,412 24 - 2,436 Other 435 - - 435 Total available-for-sale securities $ 272,436 $ 3,437 $ 5,419 $ 270,454 (1) and collateralized mortgage obligations issued by an agency or government sponsored entity of the U.S. Government.
Book Values, Estimated Fair Values and Unrealized Gains and Losses of Investments Classified as Held-To-Maturity	The book values, estimated fair values and unrealized gains and losses of investments classified as held-to-maturity are as follows: Held-to-Maturity Securities Gross Unrealized (Dollars in thousands) Amortized Gains Losses Fair Value Allowance for Credit Losses As of June 30, 2022 Municipal securities $ 62,459 $ 33 $ 151 $ 62,341 $ 393 Mortgage-backed securities (1) 721,510 - 104,726 616,784 - Collateralized mortgage obligations (1) 84,414 - 8,705 75,709 - Total held-to-maturity securities $ 868,383 $ 33 $ 113,582 $ 754,834 $ 393 (1) All mortgage-backed securities and collateralized mortgage obligations Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of December 31, 2021 Municipal securities $ 66,496 $ 701 $ - $ 67,197 Mortgage-backed securities (1) 596,775 45 11,764 585,056 Collateralized mortgage obligations (1) 73,781 36 229 73,588 Total held-to-maturity securities $ 737,052 $ 782 $ 11,993 $ 725,841 (1) All mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses for Available-for-Sale Securities	The follo wing tables show the gross unrealized losses for available-for-sale securities that are less than 12 months and 12 months or more: Available-for-Sale Securities As of June 30, 2022 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of June 30 2022 U.S. Treasury notes $ 4,952 $ 16 $ - $ - $ 4,952 $ 16 U.S. Government-sponsored securities 46 - 1,623 26 1,669 26 Mortgage-backed securities (1) 90,670 6,663 103,737 22,214 194,407 28,877 Collateralized mortgage obligations (1) 1,501 23 - - 1,501 23 Corporate securities 9,526 523 - - 9,526 523 Total available-for-sale securities $ 106,695 $ 7,225 $ 105,360 $ 22,240 $ 212,055 $ 29,465 (1) All mortgage-backed securities and collateralized mortgage obligations As of December 31, 2021 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of December 31 2021 U.S. Government-sponsored securities $ 183 $ - $ 2,007 $ 39 $ 2,190 $ 39 Mortgage-backed securities (1) 61,469 1,192 104,489 4,188 165,958 5,380 Total available-for-sale securities $ 61,652 $ 1,192 $ 106,496 $ 4,227 $ 168,148 $ 5,419 (1) All mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses for Held-to-Maturity Securities	The following tables show the gross unrealized losses for held-to-maturity securities that are less than 12 months and 12 months or more: Held-to-Maturity Securities As of June 30, 2022 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of June 30 2022 Municipal securities $ 6,862 $ 151 $ - $ - $ 6,862 $ 151 Mortgage-backed securities (1) 404,026 57,850 212,758 46,876 616,784 104,726 Collateralized mortgage obligations (1) 73,221 8,705 - - 73,221 8,705 Total held-to-maturity securities $ 484,109 $ 66,706 $ 212,758 $ 46,876 $ 696,867 $ 113,582 (1) All mortgage-backed securities and collateralized mortgage obligations . As of December 31, 2021 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses As of December 31, 2021 Mortgage-backed securities (1) $ 570,119 $ 11,764 $ - $ - $ 570,119 $ 11,764 Collateralized mortgage obligations (1) 58,977 229 - - 58,977 229 Total held-to-maturity securities $ 629,096 $ 11,993 $ - $ - $ 629,096 $ 11,993 (1) All mortgage-backed securities and collateralized mortgage obligations .
Amortized Cost and Estimated Fair Values of Investment Securities by Contractual Maturity	The amortized cost and estimated fair values of investment securities at June 30, 2022 by contractual maturity are shown in the following tables: Available-for-Sale Held-to-Maturity ( Doll Amortized Cost Fair Value Amortized Cost Fair Value Securities maturing in: One year or less $ 5,290 $ 5,274 $ 700 $ 700 After one year through five years 5,120 4,842 7,089 7,074 After five years through ten years 5,411 5,168 15,948 15,926 After ten years 4,908 4,945 38,722 38,641 $ 20,729 $ 20,229 $ 62,459 $ 62,341 Securities not due at a single maturity date: Mortgage-backed securities 232,368 203,607 721,510 616,784 Collateralized mortgage obligations 1,525 1,502 84,414 75,709 Total $ 254,622 $ 225,338 $ 868,383 $ 754,834
Credit Quality of Available-for-Sale and Held-to-Maturity Debt Securities	The Company monitors the credit quality of those available-for-sale and held-to-maturity debt securities not issued by the U.S. government or one of its agencies or government sponsored entities, through the use of credit ratings. Credit ratings are reviewed and updated quarterly. The following table summarizes the fair value of available-for-sale and amortized cost of held-to-maturity debt securities by credit rating at June 30, 2022: Available-for-Sale Held-to-Maturity Fair Value Amortized Cost (Dollars in thousands) AAA/AA/A BBB/BB/B Not Rated AAA/AA/A BBB/BB/B Not Rated June 30, 2022 Breakdown by Category: U.S. Treasury notes $ - $ - $ 4,952 $ - $ - $ - U.S. Government-sponsored securities - - 5,441 - - - Mortgage-backed securities (1) - - 203,607 - - 721,510 Collateralized mortgage obligations (1) - - 1,502 - - 84,414 Municipal securities - - - 19,271 149 43,039 Corporate securities 4,738 4,788 - - - - Other - - 310 - - - Total Investment Grade $ 4,738 $ 4,788 $ 215,812 $ 19,271 $ 149 $ 848,963 (1) All mortgage-backed securities and collateralized mortgage obligations issued by an agency or government sponsored entity of the U.S. government.
Activity in Allowance for Credit Losses for Held-to-Maturity Debt Securities by Major Type	The following table presents the activity in the allowance for credit losses for held-to-maturity debt securities by major type for the six months ended June 30, 2022. For the Six Months Ended June 30, 2022 (Dollars in thousands) Municipal securities Mortgage- backed securites Collateralized Mortgage obligation Total Allowance for credit losses - securities Beginning Balance $ - $ - $ - $ - Provision for credit losses 393 - - 393 Ending Balance $ 393 $ - $ - $ 393
Proceeds from Sales and Calls of Securities	Proceeds from sales and calls of these securities were as follows: (Dollars in thousands) Gross Proceeds Gross Gains Gross Losses Six months ended June 30, 2022 $ 2,610 $ 2 $ - Six months ended June 30, 2021 $ 299,870 $ 5,570 $ 3,016

Loans and Leases (Tables)

Loans and Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Loans and Leases [Abstract]
Components of Loans and Leases	Loans and leases as of the dates indicated consisted of the following: (Dollars in thousands) June 30, December 31, 2021 Loans and leases held for investment, net Real estate: Commercial $ 1,210,195 $ 1,167,516 Agricultural 709,624 672,830 Residential and home equity 371,874 350,581 Construction 162,713 177,163 Total real estate 2,454,406 2,368,090 Commercial & industrial 439,455 427,799 Agricultural 261,856 276,684 Commercial leases 89,095 96,971 Consumer and other (1) 13,588 78,367 Total gross loans and leases 3,258,400 3,247,911 Unearned income (8,514 ) (10,734 ) Total net loans and leases 3,249,886 3,237,177 Allowance for credit losses (62,080 ) (61,007 ) Total loans and leases held for investment, net $ 3,187,806 $ 3,176,170 (1) Includes SBA PPP loans.
Aging Analysis of Loan and Lease Portfolio	The following tables show an aging analysi s of the loan & lease portfolio, including unearned income, by the time past due for the periods indicated: June 30, 2022 (Dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Non- accrual Total Past Due Total Loans and leases held for investment, net Real estate: Commercial $ 1,200,516 $ - $ - $ 1,674 $ 1,674 $ 1,202,190 Agricultural 709,149 - - 475 475 709,624 Residential and home equity 371,847 27 - - 27 371,874 Construction 162,713 - - - - 162,713 Total real estate 2,444,225 27 - 2,149 2,176 2,446,401 Commercial & industrial 439,258 197 - - 197 439,455 Agricultural 260,977 - - 879 879 261,856 Commercial leases 88,586 - - - - 88,586 Consumer and other 13,578 10 - - 10 13,588 Total loans and leases, net $ 3,246,624 $ 234 $ - $ 3,028 $ 3,262 $ 3,249,886 December 31, 2021 (Dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Non- accrual Total Past Due Total Loans and leases held for investment, net Real estate: Commercial $ 1,156,879 $ 459 $ - $ - $ 459 $ 1,157,338 Agricultural 672,812 - - 18 18 672,830 Residential and home equity 350,492 89 - - 89 350,581 Construction 177,163 - - - - 177,163 Total real estate 2,357,346 548 - 18 566 2,357,912 Commercial & industrial 427,799 - - - - 427,799 Agricultural 276,186 - - 498 498 276,684 Commercial leases 96,415 - - - - 96,415 Consumer and other 78,363 4 - - 4 78,367 Total loans and leases, net $ 3,236,109 $ 552 $ - $ 516 $ 1,068 $ 3,237,177
Non-accrual Loans	Non-accrual loans are summarized as follows: (Dollars in thousands) June 30, 2022 December 31, 2021 Non-accrual loans and leases: Non-accrual loans and leases, not TDRs Real estate: Commercial $ 1,674 $ - Agricultural 475 18 Residential and home equity - - Construction - - Total real estate 2,149 18 Commercial & industrial - - Agricultural 879 - Commercial leases - - Consumer and other - - Subtotal 3,028 18 Non-accrual loans and leases, are TDRs Real estate: Commercial $ - $ - Agricultural - - Residential and home equity - - Construction - - Total real estate - - Commercial & industrial - - Agricultural - 498 Commercial leases - - Consumer and other - - Subtotal - 498 Total non-accrual loans and leases $ 3,028 $ 516
Troubled Debt Restructured Loans by Loan Category	The following table lists total troubled debt restructured loans that the Company is either accruing or not accruing interest by loan category: (Dollars in thousands) June 30, 2022 December 31, 2021 Troubled debt restructured loans and leases: Accruing TDR loans and leases Real estate: Commercial $ - $ 41 Agricultural - - Residential and home equity 1,334 1,522 Construction - - Total real estate 1,334 1,563 Commercial & industrial 55 260 Agricultural - - Commercial leases - - Consumer and other - 1 Subtotal 1,389 1,824 Non-accruing TDR loans and leases Real estate: Commercial $ - $ - Agricultural - - Residential and home equity - - Construction - - Total real estate - - Commercial & industrial - - Agricultural - 498 Commercial leases - - Consumer and other - - Subtotal - 498 Total TDR loans and leases $ 1,389 $ 2,322 The below table summarize TDRs outstanding as of June 30, 2022, by year of occurrence: June 30, 2022 (Dollars in thousands) # of Accruing TDR $ of Accruing TDR # of Non- Accruing TDR $ of Non- Accruing TDR # of Total TDR $ of Total TDR Loan and lease TDRs 2022 - $ - - $ - - $ - 2021 1 48 - - 1 48 2020 4 266 - - 4 266 2019 - - - - - - Thereafter 8 1,075 - - 8 1,075 Total 13 $ 1,389 - $ - 13 $ 1,389
Outstanding Loan Balances Category by Credit Quality Indicators	Outstanding loan balances (accruing and non-accruing) categorized by these credit quality indicators are summarized as follows: June 30, 2022 (Dollars in thousands) Pass Special Mention Sub- standard Doubtful Total Loans & Leases Total Allowance for Credit Losses Loans and leases held for investment, net Real estate: Commercial $ 1,187,461 $ 8,629 $ 6,100 $ - $ 1,202,190 $ 17,879 Agricultural 697,994 5,003 6,627 - 709,624 16,837 Residential and home equity 371,494 - 380 - 371,874 6,874 Construction 160,787 1,926 - - 162,713 2,876 Total real estate 2,417,736 15,558 13,107 - 2,446,401 44,466 Commercial & industrial 431,441 7,459 555 - 439,455 10,139 Agricultural 260,079 880 897 - 261,856 5,669 Commercial leases 88,468 118 - - 88,586 1,645 Consumer and other 13,391 - 197 - 13,588 161 Total loans and leases, net $ 3,211,115 $ 24,015 $ 14,756 $ - $ 3,249,886 $ 62,080 December 31, 2021 (Dollars in thousands) Pass Special Sub- standard Doubtful Total Loans & Leases Total Allowance for Credit Losses Loans and leases held for investment, net Real estate: Commercial $ 1,142,175 $ 6,903 $ 8,260 $ - $ 1,157,338 $ 28,536 Agricultural 663,157 3,292 6,381 - 672,830 9,613 Residential and home equity 350,148 - 433 - 350,581 2,847 Construction 177,163 - - - 177,163 1,456 Total real estate 2,332,643 10,195 15,074 - 2,357,912 42,452 Commercial & industrial 417,806 9,321 672 - 427,799 11,489 Agricultural 275,206 958 520 - 276,684 5,465 Commercial leases 96,415 - - - 96,415 938 Consumer and other 78,181 - 186 - 78,367 663 Total loans and leases, net $ 3,200,251 $ 20,474 $ 16,452 $ - $ 3,237,177 $ 61,007 The following table represents outstanding loan balances by credit quality indicators and vintage year by class of financing receivable as of June 30, 2022: June 30, 2022 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Total Net loans and leases held for investment Real estate: Commercial Pass $ 64,720 $ 239,840 $ 161,165 $ 73,041 $ 87,035 $ 237,333 $ 324,326 $ 1,187,461 Special mention - - - - 3,866 834 3,929 8,629 Substandard - - - - - 4,203 1,897 6,100 Doubtful - - - - - - - - Total Commercial $ 64,720 $ 239,840 $ 161,165 $ 73,041 $ 90,901 $ 242,370 $ 330,152 $ 1,202,190 Agricultural Pass $ 34,325 $ 43,251 $ 58,263 $ 15,341 $ 53,916 $ 157,648 $ 335,250 $ 697,994 Special mention - - 2,367 2,636 - - - 5,003 Substandard - - - - 118 6,034 475 6,627 Doubtful - - - - - - - - Total Agricultural $ 34,325 $ 43,251 $ 60,630 $ 17,977 $ 54,034 $ 163,682 $ 335,725 $ 709,624 Residential and home equity Pass $ 40,868 $ 100,298 $ 90,939 $ 15,957 $ 7,140 $ 82,590 $ 33,702 $ 371,494 Special mention - - - - - - - - Substandard - - - - - 235 145 380 Doubtful - - - - - - - - Total Residential and home equity $ 40,868 $ 100,298 $ 90,939 $ 15,957 $ 7,140 $ 82,825 $ 33,847 $ 371,874 Construction Pass $ - $ - $ - $ 2,272 $ - $ 92 $ 158,423 $ 160,787 Special mention - - - - - - 1,926 1,926 Substandard - - - - - - - - Doubtful - - - - - - - - Total construction $ - $ - $ - $ 2,272 $ - $ 92 $ 160,349 $ 162,713 Total Real estate $ 139,913 $ 383,389 $ 312,734 $ 109,247 $ 152,075 $ 488,969 $ 860,073 $ 2,446,401 Commercial & industrial Pass $ 8,395 $ 44,225 $ 15,482 $ 12,734 $ 10,126 $ 9,183 $ 331,296 $ 431,441 Special mention - 76 - - - 3 7,380 7,459 Substandard - - - - - 30 525 555 Doubtful - - - - - - - - Total Commercial & industrial $ 8,395 $ 44,301 $ 15,482 $ 12,734 $ 10,126 $ 9,216 $ 339,201 $ 439,455 Agricultural Pass $ 3,547 $ 4,532 $ 1,194 $ 1,626 $ 776 $ 2,273 $ 246,131 $ 260,079 Special mention - - - - - 12 868 880 Substandard - - - 14 4 79 800 897 Doubtful - - - - - - - - Total Agricultural $ 3,547 $ 4,532 $ 1,194 $ 1,640 $ 780 $ 2,364 $ 247,799 $ 261,856 Commercial leases Pass $ 1,566 $ 17,129 $ 14,293 $ 8,473 $ 21,686 $ 25,320 $ - $ 88,468 Special mention - - - 118 - - - 118 Substandard - - - - - - - - Doubtful - - - - - - - - Total Commercial leases $ 1,566 $ 17,129 $ 14,293 $ 8,591 $ 21,686 $ 25,320 $ - $ 88,586 Consumer and other Pass $ 901 $ 7,589 $ 475 $ 350 $ 531 $ 2,713 $ 832 $ 13,391 Special mention - - - - - - - - Substandard 197 - - - - - - 197 Doubtful - - - - - - - - Total Consumer and other $ 1,098 $ 7,589 $ 475 $ 350 $ 531 $ 2,713 $ 832 $ 13,588 Total net loans and leases $ 154,519 $ 456,941 $ 344,178 $ 132,563 $ 185,198 $ 528,583 $ 1,447,905 $ 3,249,886
Amortized Cost of Collateral Dependent Loans by Class	The following tables provide amortized cost basis for collateral dependent loans as of June 30, 2022 and December 31, 2021, respectively: June 30, 2022 (Dollars in thousands) Real Estate Vehicles Total Collateral dependent loans and leases Real estate: Commercial $ - $ - $ - Agricultural 5,533 - 5,533 Residential and home equity 216 - 216 Construction - - - Total Real estate 5,749 - 5,749 Commercial & industrial - - - Agricultural - - - Commercial leases - - - Consumer and other - 165 165 Total gross loans and leases $ 5,749 $ 165 $ 5,914 December 31, 2021 (Dollars in thousands) Real Estate Vehicles Total Collateral dependent loans and leases Real estate: Commercial $ 5 $ - $ 5 Agricultural 5,587 - 5,587 Residential and home equity 330 - 330 Construction - - - Total Real estate 5,922 - 5,922 Commercial & industrial - - - Agricultural - - - Commercial leases - - - Consumer and other - 173 173 Total gross loans and leases $ 5,922 $ 173 $ 6,095
Changes in Allowance for Credit Losses	Changes in the allowance for credit losses are as follows: For the Three Months Ended June 30, 2022 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total Allowance for credit losses: Beginning balance $ 32,511 $ 3,777 $ 6,759 $ 16,098 $ 1,466 $ 421 $ 61,032 Provision / (recapture) for credit losses 2,205 (901 ) 10 (131 ) 179 (255 ) 1,107 Charge-offs - - - (276 ) - (9 ) (285 ) Recoveries - - 105 117 - 4 226 Net (charge-offs) / recoveries - - 105 (159 ) - (5 ) (59 ) Ending balance $ 34,716 $ 2,876 $ 6,874 $ 15,808 $ 1,645 $ 161 $ 62,080 For the Six Months Ended June 30, 2022 (Dollars in thousands) Commercial & Agricultural R/E Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer & Other Total Allowance for credit losses: Beginning balance $ 38,149 $ 1,456 $ 2,847 $ 16,954 $ 938 $ 663 $ 61,007 Impact of Adopting ASC 326 (6,190 ) 1,855 3,032 826 629 (152 ) - Provision / (recapture) for credit losses 2,757 (435 ) 876 (1,831 ) 78 (338 ) 1,107 Charge-offs - - - (276 ) - (18 ) (294 ) Recoveries - - 119 135 - 6 260 Net (charge-offs) / recoveries - - 119 (141 ) - (12 ) (34 ) Ending balance $ 34,716 $ 2,876 $ 6,874 $ 15,808 $ 1,645 $ 161 $ 62,080

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2022
Deposits [Abstract]
Summary of Certificate of Deposits	Certificate of deposits greater than and less than or equal to the FDIC insurance limit are summarized as follows: (Dollars in thousands) June 30, 2022 December 31, 2021 Certificate of deposits: Certificates of deposits less than or equal to $250,000 $ 216,390 $ 223,620 Certificates of deposits greater than $250,000 162,240 168,865 Total certificates of deposits $ 378,630 $ 392,485
Maturities for Certificates of Deposits	Scheduled maturities for certificates of deposit are as follows: (Dollars in thousands) Amount 2022 $ 217,575 2023 147,620 2024 8,788 2025 2,270 2026 2,377 Total time deposits $ 378,630

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Shareholders' Equity [Abstract]
Compliance with Regulatory Capital Requirements under Banking Regulations	The Company’s and Bank’s actual and required capital amounts and ratios are as follows: June 30, 2022 Actual Minimum to be Categorized as “Adequately Capitalized” Minimum to be Categorized as “Well Capitalized” (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Farmers & Merchants Bancorp CET1 capital to risk-weighted assets $ 468,463 11.55 % $ 182,499 4.50 % N/A N/A Tier 1 capital to risk-weighted assets 478,463 11.80 % 243,332 6.00 % N/A N/A Risk-based capital to risk-weighted assets 529,311 13.05 % 324,442 8.00 % N/A N/A Tier 1 leverage capital ratio 478,463 8.94 % 214,167 4.00 % N/A N/A Farmers & Merchants Bank CET1 capital to risk-weighted assets $ 475,077 11.72 % $ 182,470 4.50 % $ 263,567 6.50 % Tier 1 capital to risk-weighted assets 475,077 11.72 % 243,293 6.00 % 324,391 8.00 % Risk-based capital to risk-weighted assets 525,918 12.97 % 324,391 8.00 % 405,488 10.00 % Tier 1 leverage capital ratio 475,077 8.89 % 213,871 4.00 % 267,339 5.00 % December 31, 2021 Actual Minimum to be Categorized as “Adequately Capitalized” Minimum to be Categorized as “Well Capitalized” (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Farmers & Merchants Bancorp CET1 capital to risk-weighted assets $ 450,687 11.68 % $ 173,674 4.50 % N/A N/A Tier 1 capital to risk-weighted assets 460,687 11.94 % 231,566 6.00 % N/A N/A Risk-based capital to risk-weighted assets 509,091 13.19 % 308,755 8.00 % N/A N/A Tier 1 leverage capital ratio 460,687 8.92 % 206,606 4.00 % N/A N/A Farmers & Merchants Bank CET1 capital to risk-weighted assets $ 459,813 11.91 % $ 173,664 4.50 % $ 250,847 6.50 % Tier 1 capital to risk-weighted assets 459,813 11.91 % 231,551 6.00 % 308,735 8.00 % Risk-based capital to risk-weighted assets 508,215 13.17 % 308,735 8.00 % 385,919 10.00 % Tier 1 leverage capital ratio 459,813 8.91 % 206,426 4.00 % 258,033 5.00 %
Earnings Per Common Share	Earnings per common share have been computed based on the following: Three Months Ended June 30, (Dollars in thousands, except share and per share amounts) 2022 2021 Numerator Net income $ 18,443 $ 16,153 Denominator Weighted average number of common shares outstanding 781,880 789,646 Weighted average number of dilutive shares outstanding 781,880 789,646 Basic earnings per common share $ 23.58 $ 20.45 Diluted earning per common share $ 23.58 $ 20.45 Six Months Ended June 30, (Dollars in thousands, except share and per share amounts) 2022 2021 Numerator Net income $ 35,501 $ 32,866 Denominator Weighted average number of common shares outstanding 783,976 789,646 Weighted average number of dilutive shares outstanding 783,976 789,646 Basic earnings per common share $ 45.28 $ 41.62 Diluted earning per common share $ 45.28 $ 41.62

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables summarize the carrying value and estimated fair values of the Company’s financial assets and liabilities on a recurring basis and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value for the periods indicated. June 30 2022 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 747,788 $ 747,788 $ - $ - $ 747,788 Investment securities available-for-sale 225,338 4,952 220,386 - 225,338 Investment securities held-to-maturity 867,990 - 720,108 43,039 763,147 Non-marketable securities 15,549 - - 15,549 15,549 Loans and leases, net 3,187,806 - - 3,180,540 3,180,540 Bank-owned life insurance 72,513 72,513 - - 72,513 Financial Liabilities: Total deposits $ 4,769,513 $ - $ 4,390,883 $ 373,285 $ 4,764,168 Subordinated debentures 10,310 - 9,181 - 9,181 December 31, 2021 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 715,460 $ 715,460 $ - $ - $ 715,460 Investment securities available-for-sale 270,454 10,214 260,240 - 270,454 Investment securities held-to-maturity 737,052 - 681,588 44,446 726,034 Non-marketable securities 15,549 - - 15,549 15,549 Loans and leases, net 3,176,170 - - 3,179,857 3,179,857 Bank-owned life insurance 71,411 71,411 - - 71,411 Financial Liabilities: Total deposits $ 4,640,152 $ - $ 4,247,666 $ 391,732 $ 4,639,398 Subordinated debentures 10,310 - 6,890 - 6,890
Assets Measured at Fair Value on a Recurring and Non-recurring Basis	The following tables present information about the Bank’s assets and liabilities measured at fair value on a recurring and non-recurring basis and indicate the fair value hierarchy of the valuation techniques utilized by the Bank to determine such fair value for the periods indicated. June 30 2022 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Investment securities available-for-sale U.S. Treasury notes $ 4,952 $ 4,952 $ - $ - $ 4,952 U.S. Government-sponsored securities 5,441 - 5,441 - 5,441 Mortgage-backed securities 203,607 - 203,607 - 203,607 Collateralized mortgage obligations 1,502 - 1,502 - 1,502 Corporate securities 9,526 - 9,526 - 9,526 Other 310 - 310 - 310 Fair valued on a non-recurring basis: Other real estate $ 873 $ - $ - $ 873 $ 873 December 31, 2021 Fair Value (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Investment securities available-for-sale U.S. Treasury notes $ 10,089 $ 10,089 $ - $ - $ 10,089 U.S. Government-sponsored securities 6,374 - 6,374 - 6,374 Mortgage-backed securities 251,120 - 251,120 - 251,120 Collateralized mortgage obligations 2,436 - 2,436 - 2,436 Other 435 125 310 - 435 Fair valued on a non-recurring basis: Individually evaluated loans $ 2,562 $ - $ - $ 2,562 $ 2,562 Other real estate 873 - - 873 873

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies [Abstract]
Off Balance Sheet Arrangements	The Company had the following off balance sheet commitments as of the dates indicated. (Dollars in thousands) June 30, 2022 December 31, 2021 Commitments to extend credit, including unsecured commitments of $ 20,787 21,036 $ 995,795 $ 937,009 Stand-by letters of credit, including unsecured commitments of $ 7,409 9,091 16,484 17,880 Performance guarantees under interest rate swap contracts entered into with our clients and third-parties - 1,433

Basis of Presentation and Sig_4

Basis of Presentation and Significant Accounting Policies, Pre-tax Impact Adoption of ASU (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Jan. 31, 2022	Dec. 31, 2021
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	$ (62,080)	$ (61,032)	$ (61,007)	$ (61,007)
Real Estate [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(44,466)		(41,149)	(42,452)
Commercial Real Estate [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(17,879)		(17,379)	(28,536)
Agricultural [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(16,837)		(14,580)	(9,613)
Residential and Home Equity [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(6,874)	(6,759)	(5,879)	(2,847)
Construction [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(2,876)	(3,777)	(3,311)	(1,456)
Commercial and Industrial [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(10,139)		(11,417)	(11,489)
Agricultural [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(5,669)		(6,363)	(5,465)
Commercial Leases [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	(1,645)	(1,466)	(1,567)	(938)
Consumer and Other [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses	$ (161)	$ (421)	(511)	$ (663)
Reported Pre-Adoption [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(61,007)
Reported Pre-Adoption [Member] | Real Estate [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(42,452)
Reported Pre-Adoption [Member] | Commercial Real Estate [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(28,536)
Reported Pre-Adoption [Member] | Agricultural [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(9,613)
Reported Pre-Adoption [Member] | Residential and Home Equity [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(2,847)
Reported Pre-Adoption [Member] | Construction [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(1,456)
Reported Pre-Adoption [Member] | Commercial and Industrial [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(11,489)
Reported Pre-Adoption [Member] | Agricultural [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(5,465)
Reported Pre-Adoption [Member] | Commercial Leases [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(938)
Reported Pre-Adoption [Member] | Consumer and Other [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(663)
Impact of ASC 326 Adoption [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			0
Impact of ASC 326 Adoption [Member] | Real Estate [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			1,303
Impact of ASC 326 Adoption [Member] | Commercial Real Estate [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			11,157
Impact of ASC 326 Adoption [Member] | Agricultural [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(4,967)
Impact of ASC 326 Adoption [Member] | Residential and Home Equity [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(3,032)
Impact of ASC 326 Adoption [Member] | Construction [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(1,855)
Impact of ASC 326 Adoption [Member] | Commercial and Industrial [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			72
Impact of ASC 326 Adoption [Member] | Agricultural [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(898)
Impact of ASC 326 Adoption [Member] | Commercial Leases [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			(629)
Impact of ASC 326 Adoption [Member] | Consumer and Other [Member]
Pre-tax Impact of Adoption of ASU [Abstract]
Allowance for credit losses			$ 152

Investment Securities, Securiti

Investment Securities, Securities Available-for-Sale (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		$ 254,622	$ 272,436
Gross unrealized gains		181	3,437
Gross unrealized losses		29,465	5,419
Fair value		225,338	270,454
U.S. Treasury Notes [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		4,968	9,938
Gross unrealized gains		0	151
Gross unrealized losses		16	0
Fair value		4,952	10,089
U.S. Government-sponsored Securities [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		5,402	6,351
Gross unrealized gains		65	62
Gross unrealized losses		26	39
Fair value		5,441	6,374
Mortgage-backed Securities [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost	[1]	232,368	253,300
Gross unrealized gains	[1]	116	3,200
Gross unrealized losses	[1]	28,877	5,380
Fair value	[1]	203,607	251,120
Collateralized Mortgage Obligations [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost	[1]	1,525	2,412
Gross unrealized gains	[1]	0	24
Gross unrealized losses	[1]	23	0
Fair value	[1]	1,502	2,436
Corporate Securities [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		10,049
Gross unrealized gains		0
Gross unrealized losses		523
Fair value		9,526
Other [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		310	435
Gross unrealized gains		0	0
Gross unrealized losses		0	0
Fair value		$ 310	$ 435
[1]All mortgage-backed securities and collateralized mortgage obligations

Investment Securities, Securi_2

Investment Securities, Securities Held-to-Maturity (Details) - USD ($) $ in Thousands		Jun. 30, 2022		Dec. 31, 2021
Book values, estimated fair values and unrealized gains and losses of investments classified as held-to-maturity [Abstract]
Amortized cost		$ 868,383		$ 737,052
Gross unrealized gains		33		782
Gross unrealized losses		113,582		11,993
Fair value		754,834		725,841
Allowance for credit losses		393		0
Municipal Securities [Member]
Book values, estimated fair values and unrealized gains and losses of investments classified as held-to-maturity [Abstract]
Amortized cost		62,459		66,496
Gross unrealized gains		33		701
Gross unrealized losses		151		0
Fair value		62,341		67,197
Allowance for credit losses		393		0
Mortgage-backed Securities [Member]
Book values, estimated fair values and unrealized gains and losses of investments classified as held-to-maturity [Abstract]
Amortized cost	[1]	721,510		596,775
Gross unrealized gains	[1]	0		45
Gross unrealized losses	[1]	104,726		11,764
Fair value	[1]	616,784		585,056
Allowance for credit losses		0	[1]	0
Collateralized Mortgage Obligations [Member]
Book values, estimated fair values and unrealized gains and losses of investments classified as held-to-maturity [Abstract]
Amortized cost	[1]	84,414		73,781
Gross unrealized gains	[1]	0		36
Gross unrealized losses	[1]	8,705		229
Fair value	[1]	75,709		73,588
Allowance for credit losses		$ 0	[1]	$ 0
[1]All mortgage-backed securities and collateralized mortgage obligations

Investment Securities, Securi_3

Investment Securities, Securities in Continuous Unrealized Loss Position (Details)	Jun. 30, 2022 Security
Investment Securities, Qualitative Disclosure [Abstract]
Number of investment securities held	556
Less than 12 months, number of positions	148
12 months or more, number of positions	101

Investment Securities, Gross Un

Investment Securities, Gross Unrealized Losses for Available-for-Sale Securities (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value		$ 106,695	$ 61,652
12 months or more, fair value		105,360	106,496
Fair value		212,055	168,148
Less than 12 months, unrealized losses		7,225	1,192
12 months or more, unrealized losses		22,240	4,227
Unrealized losses		29,465	5,419
U.S. Treasury Notes [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value		4,952
12 months or more, fair value		0
Fair value		4,952
Less than 12 months, unrealized losses		16
12 months or more, unrealized losses		0
Unrealized losses		16
U.S. Government-sponsored Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value		46	183
12 months or more, fair value		1,623	2,007
Fair value		1,669	2,190
Less than 12 months, unrealized losses		0	0
12 months or more, unrealized losses		26	39
Unrealized losses		26	39
Mortgage-backed Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value	[1]	90,670	61,469
12 months or more, fair value	[1]	103,737	104,489
Fair value	[1]	194,407	165,958
Less than 12 months, unrealized losses	[1]	6,663	1,192
12 months or more, unrealized losses	[1]	22,214	4,188
Unrealized losses	[1]	28,877	$ 5,380
Collateralized Mortgage Obligations [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value	[1]	1,501
12 months or more, fair value	[1]	0
Fair value	[1]	1,501
Less than 12 months, unrealized losses	[1]	23
12 months or more, unrealized losses	[1]	0
Unrealized losses	[1]	23
Corporate Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value		9,526
12 months or more, fair value		0
Fair value		9,526
Less than 12 months, unrealized losses		523
12 months or more, unrealized losses		0
Unrealized losses		$ 523
[1]All mortgage-backed securities and collateralized mortgage obligations were issued by an agency or government sponsored entity of the U.S. Government.

Investment Securities, Gross _2

Investment Securities, Gross Unrealized Losses for Held-to-Maturity Securities (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value		$ 484,109	$ 629,096
12 months or more, fair value		212,758	0
Fair value		696,867	629,096
Less than 12 months, unrealized losses		66,706	11,993
12 months or more, unrealized losses		46,876	0
Unrealized losses		113,582	11,993
Municipal Securities [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value		6,862
12 months or more, fair value		0
Fair value		6,862
Less than 12 months, unrealized losses		151
12 months or more, unrealized losses		0
Unrealized losses		151
Mortgage-backed Securities [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	[1]	404,026	570,119
12 months or more, fair value	[1]	212,758	0
Fair value	[1]	616,784	570,119
Less than 12 months, unrealized losses	[1]	57,850	11,764
12 months or more, unrealized losses	[1]	46,876	0
Unrealized losses	[1]	104,726	11,764
Collateralized Mortgage Obligations [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	[1]	73,221	58,977
12 months or more, fair value	[1]	0	0
Fair value	[1]	73,221	58,977
Less than 12 months, unrealized losses	[1]	8,705	229
12 months or more, unrealized losses	[1]	0	0
Unrealized losses	[1]	$ 8,705	$ 229
[1]All mortgage-backed securities and collateralized mortgage obligations were issued by an agency or government sponsored entity of the U.S. Government.

Investment Securities, Obligati

Investment Securities, Obligations of States and Political Subdivisions (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) Security	Dec. 31, 2021 USD ($)
Obligations of States and Political Subdivisions [Abstract]
Debt securities	$ 867,990	$ 737,052
Obligations of States and Political Subdivisions [Member]
Obligations of States and Political Subdivisions [Abstract]
Number of segments under securities portfolio | Security	2
Obligations of States and Political Subdivisions [Member] | Publicly Issued Debt [Member]
Obligations of States and Political Subdivisions [Abstract]
Debt securities	$ 19,400
Obligations of States and Political Subdivisions [Member] | Municipal Debt [Member]
Obligations of States and Political Subdivisions [Abstract]
Debt securities	$ 43,000

Investment Securities, Contract

Investment Securities, Contractual Maturity (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Amortized Cost [Abstract]
One year or less	$ 5,290
After one year through five years	5,120
After five years through ten years	5,411
After ten years	4,908
Amortized cost, excluding securities without single maturity date	20,729
Securities not due at a single maturity date	254,622
Fair Value [Abstract]
One year or less	5,274
After one year through five years	4,842
After five years through ten years	5,168
After ten years	4,945
Fair value, excluding investment securities not due at a single maturity date	20,229
Securities not due at a single maturity date	225,338
Amortized Cost [Abstract]
One year or less	700
After one year through five years	7,089
After five years through ten years	15,948
After ten years	38,722
Fair value, excluding securities without single maturity date	62,459
Securities not due at a single maturity date	868,383
Fair Value [Abstract]
One year or less	700
After one year through five years	7,074
After five years through ten years	15,926
After ten years	38,641
Fair value, excluding investment securities without single maturity date	62,341
Securities not due at a single maturity date	754,834
Mortgage-backed Securities [Member]
Amortized Cost [Abstract]
Securities not due at a single maturity date	232,368
Fair Value [Abstract]
Securities not due at a single maturity date	203,607
Amortized Cost [Abstract]
Securities not due at a single maturity date	721,510
Fair Value [Abstract]
Securities not due at a single maturity date	616,784
Collateralized Mortgage Obligations [Member]
Amortized Cost [Abstract]
Securities not due at a single maturity date	1,525
Fair Value [Abstract]
Securities not due at a single maturity date	1,502
Amortized Cost [Abstract]
Securities not due at a single maturity date	84,414
Fair Value [Abstract]
Securities not due at a single maturity date	$ 75,709

Investment Securities, Debt Sec

Investment Securities, Debt Securities by Credit Rating (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Available-for-sale [Abstract]
Fair value		$ 225,338	$ 270,454
Held-to-Maturity [Abstract]
Amortized cost		867,990	737,052
AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value		4,738
Held-to-Maturity [Abstract]
Amortized cost		19,271
BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value		4,788
Held-to-Maturity [Abstract]
Amortized cost		149
Not Rated [Member]
Available-for-sale [Abstract]
Fair value		215,812
Held-to-Maturity [Abstract]
Amortized cost		848,963
U.S. Treasury Notes [Member]
Available-for-sale [Abstract]
Fair value		4,952	10,089
U.S. Treasury Notes [Member] | AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		0
U.S. Treasury Notes [Member] | BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		0
U.S. Treasury Notes [Member] | Not Rated [Member]
Available-for-sale [Abstract]
Fair value		4,952
Held-to-Maturity [Abstract]
Amortized cost		0
U.S. Government-sponsored Securities [Member]
Available-for-sale [Abstract]
Fair value		5,441	6,374
U.S. Government-sponsored Securities [Member] | AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		0
U.S. Government-sponsored Securities [Member] | BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		0
U.S. Government-sponsored Securities [Member] | Not Rated [Member]
Available-for-sale [Abstract]
Fair value		5,441
Held-to-Maturity [Abstract]
Amortized cost		0
Mortgage-backed Securities [Member]
Available-for-sale [Abstract]
Fair value	[1]	203,607	251,120
Mortgage-backed Securities [Member] | AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value	[2]	0
Held-to-Maturity [Abstract]
Amortized cost	[2]	0
Mortgage-backed Securities [Member] | BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value	[2]	0
Held-to-Maturity [Abstract]
Amortized cost	[2]	0
Mortgage-backed Securities [Member] | Not Rated [Member]
Available-for-sale [Abstract]
Fair value	[2]	203,607
Held-to-Maturity [Abstract]
Amortized cost	[2]	721,510
Collateralized Mortgage Obligations [Member]
Available-for-sale [Abstract]
Fair value	[1]	1,502	2,436
Collateralized Mortgage Obligations [Member] | AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value	[2]	0
Held-to-Maturity [Abstract]
Amortized cost	[2]	0
Collateralized Mortgage Obligations [Member] | BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value	[2]	0
Held-to-Maturity [Abstract]
Amortized cost	[2]	0
Collateralized Mortgage Obligations [Member] | Not Rated [Member]
Available-for-sale [Abstract]
Fair value	[2]	1,502
Held-to-Maturity [Abstract]
Amortized cost	[2]	84,414
Municipal Securities [Member] | AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		19,271
Municipal Securities [Member] | BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		149
Municipal Securities [Member] | Not Rated [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		43,039
Corporate Securities [Member]
Available-for-sale [Abstract]
Fair value		9,526
Corporate Securities [Member] | AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value		4,738
Held-to-Maturity [Abstract]
Amortized cost		0
Corporate Securities [Member] | BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value		4,788
Held-to-Maturity [Abstract]
Amortized cost		0
Corporate Securities [Member] | Not Rated [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		0
Other [Member]
Available-for-sale [Abstract]
Fair value		310	$ 435
Other [Member] | AAA/AA/A Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		0
Other [Member] | BBB/BB/B Rating [Member]
Available-for-sale [Abstract]
Fair value		0
Held-to-Maturity [Abstract]
Amortized cost		0
Other [Member] | Not Rated [Member]
Available-for-sale [Abstract]
Fair value		310
Held-to-Maturity [Abstract]
Amortized cost		$ 0
[1]All mortgage-backed securities and collateralized mortgage obligations

Investment Securities, Activity

Investment Securities, Activity in Allowance for Credit Losses for Held-to-Maturity Debt Securities by Major Type (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Activity in allowance for credit losses for held-to-maturity debt securities by major type [Abstract]
Beginning Balance	$ 0
Provision for credit losses	393
Ending Balance	393
Municipal Securities [Member]
Activity in allowance for credit losses for held-to-maturity debt securities by major type [Abstract]
Beginning Balance	0
Provision for credit losses	393
Ending Balance	393
Mortgage-backed Securities [Member]
Activity in allowance for credit losses for held-to-maturity debt securities by major type [Abstract]
Beginning Balance	0
Provision for credit losses	0
Ending Balance	0	[1]
Collateralized Mortgage Obligations [Member]
Activity in allowance for credit losses for held-to-maturity debt securities by major type [Abstract]
Beginning Balance	0
Provision for credit losses	0
Ending Balance	$ 0	[1]
[1]All mortgage-backed securities and collateralized mortgage obligations

Investment Securities, Proceeds

Investment Securities, Proceeds from Sales and Calls of Securities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Proceeds from Sales and Calls of Securities [Abstract]
Gross proceeds	$ 2,610	$ 299,870
Gross gains	2	5,570
Gross losses	$ 0	$ 3,016

Investment Securities, Pledged

Investment Securities, Pledged Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Pledged Securities [Abstract]
Carrying amount of securities	$ 1,093,328	$ 1,007,506
Asset Pledged as Collateral [Member] | Public Deposits, Federal Home Loan Bank ("FHLB") Borrowings, and Other Government Agency Deposits [Member]
Pledged Securities [Abstract]
Carrying amount of securities	$ 512,000	$ 426,000

Loans and Leases, Components of

Loans and Leases, Components of Loans and Leases (Details) $ in Thousands		6 Months Ended
		Jun. 30, 2022 USD ($) Loan	Mar. 31, 2022 USD ($)	Jan. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Loan & Lease Portfolio [Abstract]
Gross loans and leases		$ 3,258,400			$ 3,247,911
Unearned income		(8,514)			(10,734)
Total net loans and leases		3,249,886			3,237,177
Allowance for credit losses		(62,080)	$ (61,032)	$ (61,007)	(61,007)
Loans held for investment, net		3,187,806			3,176,170
Federal Home Loan Bank [Member]
Loan & Lease Portfolio [Abstract]
Maximum borrowing capacity		794,000
Federal Home Loan Bank [Member] | Asset Pledged as Collateral [Member]
Loan & Lease Portfolio [Abstract]
Loans held for investment, net		1,200,000
Federal Reserve Bank [Member]
Loan & Lease Portfolio [Abstract]
Maximum borrowing capacity		657,000
Federal Reserve Bank [Member] | Asset Pledged as Collateral [Member]
Loan & Lease Portfolio [Abstract]
Loans held for investment, net		870,000
Paycheck Protection Program [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		6,800			70,800
Loans funded for the small business customers		$ 494,390
Number of small business customers | Loan		2,680
Real Estate [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		$ 2,454,406			2,368,090
Total net loans and leases		2,446,401			2,357,912
Allowance for credit losses		(44,466)		(41,149)	(42,452)
Commercial [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		1,210,195			1,167,516
Total net loans and leases		1,202,190			1,157,338
Allowance for credit losses		(17,879)		(17,379)	(28,536)
Agricultural [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		709,624			672,830
Total net loans and leases		709,624			672,830
Allowance for credit losses		(16,837)		(14,580)	(9,613)
Residential and Home Equity [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		371,874			350,581
Total net loans and leases		371,874			350,581
Allowance for credit losses		(6,874)	(6,759)	(5,879)	(2,847)
Construction [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		162,713			177,163
Total net loans and leases		162,713			177,163
Allowance for credit losses		(2,876)	(3,777)	(3,311)	(1,456)
Commercial and Industrial [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		439,455			427,799
Total net loans and leases		439,455			427,799
Allowance for credit losses		(10,139)		(11,417)	(11,489)
Agricultural [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		261,856			276,684
Total net loans and leases		261,856			276,684
Allowance for credit losses		(5,669)		(6,363)	(5,465)
Commercial Leases [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases		89,095			96,971
Total net loans and leases		88,586			96,415
Allowance for credit losses		(1,645)	(1,466)	(1,567)	(938)
Consumer and Other [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	[1]	13,588			78,367
Total net loans and leases		13,588			78,367
Allowance for credit losses		$ (161)	$ (421)	$ (511)	$ (663)
[1] Includes SBA PPP loans.

Loans and Leases, Aging Analysi

Loans and Leases, Aging Analysis of Loan & Lease Portfolio Including Unearned Income (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	$ 0	$ 0
Nonaccrual	3,028	516
Loans and leases, net	3,249,886	3,237,177
Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	3,262	1,068
30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	234	552
Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	3,246,624	3,236,109
Real Estate [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	2,149	18
Loans and leases, net	2,446,401	2,357,912
Real Estate [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	2,176	566
Real Estate [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	27	548
Real Estate [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	2,444,225	2,357,346
Commercial [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	1,674	0
Loans and leases, net	1,202,190	1,157,338
Commercial [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	1,674	459
Commercial [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	0	459
Commercial [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	1,200,516	1,156,879
Agricultural [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	475	18
Loans and leases, net	709,624	672,830
Agricultural [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	475	18
Agricultural [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	0	0
Agricultural [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	709,149	672,812
Residential and Home Equity [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	371,874	350,581
Residential and Home Equity [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	27	89
Residential and Home Equity [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	27	89
Residential and Home Equity [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	371,847	350,492
Construction [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	162,713	177,163
Construction [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	0	0
Construction [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	0	0
Construction [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	162,713	177,163
Commercial and Industrial [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	439,455	427,799
Commercial and Industrial [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	197	0
Commercial and Industrial [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	197	0
Commercial and Industrial [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	439,258	427,799
Agricultural [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	879	498
Loans and leases, net	261,856	276,684
Agricultural [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	879	498
Agricultural [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	0	0
Agricultural [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	260,977	276,186
Commercial Leases [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	88,586	96,415
Commercial Leases [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	0	0
Commercial Leases [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	0	0
Commercial Leases [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	88,586	96,415
Consumer and Other [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	13,588	78,367
Consumer and Other [Member] | Total Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	10	4
Consumer and Other [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	10	4
Consumer and Other [Member] | Current [Member]
Aging Analysis of Loan & Lease Portfolio by Time Past Due [Abstract]
Loans and leases, net	$ 13,578	$ 78,363

Loans and Leases, Non-accrual L

Loans and Leases, Non-accrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	$ 3,028	$ 516
Real Estate [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	2,149	18
Commercial [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	1,674	0
Agricultural [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	475	18
Residential and Home Equity [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Construction [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Commercial and Industrial [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Agricultural [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	879	498
Commercial Leases [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Consumer and Other [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual not TDRs [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	3,028	18
Nonaccrual not TDRs [Member] | Real Estate [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	2,149	18
Nonaccrual not TDRs [Member] | Commercial [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	1,674	0
Nonaccrual not TDRs [Member] | Agricultural [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	475	18
Nonaccrual not TDRs [Member] | Residential and Home Equity [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual not TDRs [Member] | Construction [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual not TDRs [Member] | Commercial and Industrial [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual not TDRs [Member] | Agricultural [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	879	0
Nonaccrual not TDRs [Member] | Commercial Leases [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual not TDRs [Member] | Consumer and Other [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	498
Nonaccrual TDRs [Member] | Real Estate [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member] | Commercial [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member] | Agricultural [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member] | Residential and Home Equity [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member] | Construction [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member] | Commercial and Industrial [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member] | Agricultural [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	498
Nonaccrual TDRs [Member] | Commercial Leases [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	0	0
Nonaccrual TDRs [Member] | Consumer and Other [Member]
Non-accrual Loans and Leases [Abstract]
Non-accrual loans and leases	$ 0	$ 0

Loans and Leases, Troubled Debt

Loans and Leases, Troubled Debt Restructured Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	$ 1,389	$ 2,322
Accrual TDRs [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	1,389	1,824
Accrual TDRs [Member] | Real Estate [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	1,334	1,563
Accrual TDRs [Member] | Commercial [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	41
Accrual TDRs [Member] | Agricultural [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Accrual TDRs [Member] | Residential and Home Equity [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	1,334	1,522
Accrual TDRs [Member] | Construction [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Accrual TDRs [Member] | Commercial and Industrial [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	55	260
Accrual TDRs [Member] | Agricultural [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Accrual TDRs [Member] | Commercial Leases [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Accrual TDRs [Member] | Consumer and Other [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	1
Nonaccrual TDRs [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	498
Nonaccrual TDRs [Member] | Real Estate [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Nonaccrual TDRs [Member] | Commercial [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Nonaccrual TDRs [Member] | Agricultural [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Nonaccrual TDRs [Member] | Residential and Home Equity [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Nonaccrual TDRs [Member] | Construction [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Nonaccrual TDRs [Member] | Commercial and Industrial [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Nonaccrual TDRs [Member] | Agricultural [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	498
Nonaccrual TDRs [Member] | Commercial Leases [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	0	0
Nonaccrual TDRs [Member] | Consumer and Other [Member]
Troubled Debt Restructuring Loans [Abstract]
TDR loans and leases	$ 0	$ 0

Loans and Leases, TDRs Outstand

Loans and Leases, TDRs Outstanding by Year of Occurrence (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) Contract	Jun. 30, 2021 Contract	Dec. 31, 2021 USD ($)
# of TDRs [Abstract]
2022	0
2021	1
2020	4
2019	0
Thereafter	8
Total	13
$ of TDRs [Abstract]
2022 | $	$ 0
2021 | $	48
2020 | $	266
2019 | $	0
Thereafter | $	1,075
Total | $	$ 1,389		$ 2,322
Number of TDRs during period	0	0
Accruing TDRs [Member]
# of TDRs [Abstract]
2022	0
2021	1
2020	4
2019	0
Thereafter	8
Total	13
$ of TDRs [Abstract]
2022 | $	$ 0
2021 | $	48
2020 | $	266
2019 | $	0
Thereafter | $	1,075
Total | $	$ 1,389		1,824
Non-accruing TDRs [Member]
# of TDRs [Abstract]
2022	0
2021	0
2020	0
2019	0
Thereafter	0
Total	0
$ of TDRs [Abstract]
2022 | $	$ 0
2021 | $	0
2020 | $	0
2019 | $	0
Thereafter | $	0
Total | $	$ 0		$ 498

Loans and Leases, Outstanding L

Loans and Leases, Outstanding Loan Balances Categorized by Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Jan. 31, 2022	Dec. 31, 2021
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	$ 3,249,886			$ 3,237,177
Allowance for credit losses	62,080	$ 61,032	$ 61,007	61,007
Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	3,211,115			3,200,251
Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	24,015			20,474
Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	14,756			16,452
Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Real Estate [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	2,446,401			2,357,912
Allowance for credit losses	44,466		41,149	42,452
Real Estate [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	2,417,736			2,332,643
Real Estate [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	15,558			10,195
Real Estate [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	13,107			15,074
Real Estate [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Commercial [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	1,202,190			1,157,338
Allowance for credit losses	17,879		17,379	28,536
Commercial [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	1,187,461			1,142,175
Commercial [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	8,629			6,903
Commercial [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	6,100			8,260
Commercial [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Agricultural [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	709,624			672,830
Allowance for credit losses	16,837		14,580	9,613
Agricultural [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	697,994			663,157
Agricultural [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	5,003			3,292
Agricultural [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	6,627			6,381
Agricultural [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Residential and Home Equity [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	371,874			350,581
Allowance for credit losses	6,874	6,759	5,879	2,847
Residential and Home Equity [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	371,494			350,148
Residential and Home Equity [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Residential and Home Equity [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	380			433
Residential and Home Equity [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Construction [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	162,713			177,163
Allowance for credit losses	2,876	3,777	3,311	1,456
Construction [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	160,787			177,163
Construction [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	1,926			0
Construction [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Construction [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Commercial and Industrial [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	439,455			427,799
Allowance for credit losses	10,139		11,417	11,489
Commercial and Industrial [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	431,441			417,806
Commercial and Industrial [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	7,459			9,321
Commercial and Industrial [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	555			672
Commercial and Industrial [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Agricultural [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	261,856			276,684
Allowance for credit losses	5,669		6,363	5,465
Agricultural [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	260,079			275,206
Agricultural [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	880			958
Agricultural [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	897			520
Agricultural [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Commercial Leases [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	88,586			96,415
Allowance for credit losses	1,645	1,466	1,567	938
Commercial Leases [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	88,468			96,415
Commercial Leases [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	118			0
Commercial Leases [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Commercial Leases [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Consumer and Other [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	13,588			78,367
Allowance for credit losses	161	$ 421	$ 511	663
Consumer and Other [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	13,391			78,181
Consumer and Other [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0			0
Consumer and Other [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	197			186
Consumer and Other [Member] | Doubtful [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	$ 0			$ 0

Loans and Leases, Outstanding_2

Loans and Leases, Outstanding Loan Balances Categorized by Credit Quality Indicators and Vintage Year by Class of Financing Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	$ 154,519
2021	456,941
2020	344,178
2019	132,563
2018	185,198
Prior	528,583
Revolving loans amortized cost	1,447,905
Total net loans and leases	3,249,886	$ 3,237,177
Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	3,211,115	3,200,251
Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	24,015	20,474
Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	14,756	16,452
Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	0	0
Real Estate [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	139,913
2021	383,389
2020	312,734
2019	109,247
2018	152,075
Prior	488,969
Revolving loans amortized cost	860,073
Total net loans and leases	2,446,401	2,357,912
Real Estate [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	2,417,736	2,332,643
Real Estate [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	15,558	10,195
Real Estate [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	13,107	15,074
Real Estate [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	0	0
Commercial [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	64,720
2021	239,840
2020	161,165
2019	73,041
2018	90,901
Prior	242,370
Revolving loans amortized cost	330,152
Total net loans and leases	1,202,190	1,157,338
Commercial [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	64,720
2021	239,840
2020	161,165
2019	73,041
2018	87,035
Prior	237,333
Revolving loans amortized cost	324,326
Total net loans and leases	1,187,461	1,142,175
Commercial [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	3,866
Prior	834
Revolving loans amortized cost	3,929
Total net loans and leases	8,629	6,903
Commercial [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	4,203
Revolving loans amortized cost	1,897
Total net loans and leases	6,100	8,260
Commercial [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Agricultural [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	34,325
2021	43,251
2020	60,630
2019	17,977
2018	54,034
Prior	163,682
Revolving loans amortized cost	335,725
Total net loans and leases	709,624	672,830
Agricultural [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	34,325
2021	43,251
2020	58,263
2019	15,341
2018	53,916
Prior	157,648
Revolving loans amortized cost	335,250
Total net loans and leases	697,994	663,157
Agricultural [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	2,367
2019	2,636
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	5,003	3,292
Agricultural [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	118
Prior	6,034
Revolving loans amortized cost	475
Total net loans and leases	6,627	6,381
Agricultural [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Residential and Home Equity [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	40,868
2021	100,298
2020	90,939
2019	15,957
2018	7,140
Prior	82,825
Revolving loans amortized cost	33,847
Total net loans and leases	371,874	350,581
Residential and Home Equity [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	40,868
2021	100,298
2020	90,939
2019	15,957
2018	7,140
Prior	82,590
Revolving loans amortized cost	33,702
Total net loans and leases	371,494	350,148
Residential and Home Equity [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Residential and Home Equity [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	235
Revolving loans amortized cost	145
Total net loans and leases	380	433
Residential and Home Equity [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Construction [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	2,272
2018	0
Prior	92
Revolving loans amortized cost	160,349
Total net loans and leases	162,713	177,163
Construction [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	2,272
2018	0
Prior	92
Revolving loans amortized cost	158,423
Total net loans and leases	160,787	177,163
Construction [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	1,926
Total net loans and leases	1,926	0
Construction [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Construction [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Commercial and Industrial [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	8,395
2021	44,301
2020	15,482
2019	12,734
2018	10,126
Prior	9,216
Revolving loans amortized cost	339,201
Total net loans and leases	439,455	427,799
Commercial and Industrial [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	8,395
2021	44,225
2020	15,482
2019	12,734
2018	10,126
Prior	9,183
Revolving loans amortized cost	331,296
Total net loans and leases	431,441	417,806
Commercial and Industrial [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	76
2020	0
2019	0
2018	0
Prior	3
Revolving loans amortized cost	7,380
Total net loans and leases	7,459	9,321
Commercial and Industrial [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	30
Revolving loans amortized cost	525
Total net loans and leases	555	672
Commercial and Industrial [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Agricultural [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	3,547
2021	4,532
2020	1,194
2019	1,640
2018	780
Prior	2,364
Revolving loans amortized cost	247,799
Total net loans and leases	261,856	276,684
Agricultural [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	3,547
2021	4,532
2020	1,194
2019	1,626
2018	776
Prior	2,273
Revolving loans amortized cost	246,131
Total net loans and leases	260,079	275,206
Agricultural [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	12
Revolving loans amortized cost	868
Total net loans and leases	880	958
Agricultural [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	14
2018	4
Prior	79
Revolving loans amortized cost	800
Total net loans and leases	897	520
Agricultural [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Commercial Leases [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	1,566
2021	17,129
2020	14,293
2019	8,591
2018	21,686
Prior	25,320
Revolving loans amortized cost	0
Total net loans and leases	88,586	96,415
Commercial Leases [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	1,566
2021	17,129
2020	14,293
2019	8,473
2018	21,686
Prior	25,320
Revolving loans amortized cost	0
Total net loans and leases	88,468	96,415
Commercial Leases [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	118
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	118	0
Commercial Leases [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Commercial Leases [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Consumer and Other [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	1,098
2021	7,589
2020	475
2019	350
2018	531
Prior	2,713
Revolving loans amortized cost	832
Total net loans and leases	13,588	78,367
Consumer and Other [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	901
2021	7,589
2020	475
2019	350
2018	531
Prior	2,713
Revolving loans amortized cost	832
Total net loans and leases	13,391	78,181
Consumer and Other [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	0	0
Consumer and Other [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	197
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	197	186
Consumer and Other [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2022	0
2021	0
2020	0
2019	0
2018	0
Prior	0
Revolving loans amortized cost	0
Total net loans and leases	$ 0	$ 0

Loans and Leases, Collateral De

Loans and Leases, Collateral Dependent Loans and Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	$ 5,914	$ 6,095
Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	5,749	5,922
Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	165	173
Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	5,749	5,922
Real Estate [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	5,749	5,922
Real Estate [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	5
Commercial [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	5
Commercial [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Agricultural [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	5,533	5,587
Agricultural [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	5,533	5,587
Agricultural [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Residential and Home Equity [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	216	330
Residential and Home Equity [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	216	330
Residential and Home Equity [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Construction [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Construction [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Construction [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial and Industrial [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial and Industrial [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial and Industrial [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Agricultural [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Agricultural [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Agricultural [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial Leases [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial Leases [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial Leases [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Consumer and Other [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	165	173
Consumer and Other [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Consumer and Other [Member] | Vehicles [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	$ 165	$ 173

Loans and Leases, Changes in Al

Loans and Leases, Changes in Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Allowance for Credit Losses [Roll Forward]
Beginning balance	$ 61,032	$ 61,007
Provision / (recapture) for credit losses	1,107	1,107
Charge-offs	(285)	(294)
Recoveries	226	260
Net (charge-offs) / recoveries	(59)	(34)
Ending balance	62,080	62,080
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASC 326 [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance		0
Commercial & Agricultural R/E [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance	32,511	38,149
Provision / (recapture) for credit losses	2,205	2,757
Charge-offs	0	0
Recoveries	0	0
Net (charge-offs) / recoveries	0	0
Ending balance	34,716	34,716
Commercial & Agricultural R/E [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASC 326 [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance		(6,190)
Construction [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance	3,777	1,456
Provision / (recapture) for credit losses	(901)	(435)
Charge-offs	0	0
Recoveries	0	0
Net (charge-offs) / recoveries	0	0
Ending balance	2,876	2,876
Construction [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASC 326 [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance		1,855
Residential & Home Equity [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance	6,759	2,847
Provision / (recapture) for credit losses	10	876
Charge-offs	0	0
Recoveries	105	119
Net (charge-offs) / recoveries	105	119
Ending balance	6,874	6,874
Residential & Home Equity [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASC 326 [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance		3,032
Commercial & Agricultural [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance	16,098	16,954
Provision / (recapture) for credit losses	(131)	(1,831)
Charge-offs	(276)	(276)
Recoveries	117	135
Net (charge-offs) / recoveries	(159)	(141)
Ending balance	15,808	15,808
Commercial & Agricultural [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASC 326 [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance		826
Commercial Leases [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance	1,466	938
Provision / (recapture) for credit losses	179	78
Charge-offs	0	0
Recoveries	0	0
Net (charge-offs) / recoveries	0	0
Ending balance	1,645	1,645
Commercial Leases [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASC 326 [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance		629
Consumer and Other [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance	421	663
Provision / (recapture) for credit losses	(255)	(338)
Charge-offs	(9)	(18)
Recoveries	4	6
Net (charge-offs) / recoveries	(5)	(12)
Ending balance	$ 161	161
Consumer and Other [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASC 326 [Member]
Allowance for Credit Losses [Roll Forward]
Beginning balance		$ (152)

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Certification of deposits [Abstract]
Certificates of deposits less than or equal to $250,000	$ 216,390	$ 223,620
Certificates of deposits greater than $250,000	162,240	168,865
Total certificates of deposits	378,630	392,485
Maturities for Certificates of Deposits [Abstract]
2022	217,575
2023	147,620
2024	8,788
2025	2,270
2026 and beyond	2,377
Total certificates of deposits	$ 378,630	$ 392,485

Shareholders' Equity, Complianc

Shareholders' Equity, Compliance with Regulatory Capital Requirements (Details) $ in Thousands	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
CET1 capital to risk-weighted assets [Abstract]
Actual Amount	$ 468,463	$ 450,687
Minimum to be Categorized as "Adequately Capitalized", Amount	$ 182,499	$ 173,674
CET1 capital to risk-weighted assets, Ratio [Abstract]
Actual Ratio	0.1155	0.1168
Minimum to be Categorized as "Adequately Capitalized", Ratio	0.0450	0.0450
Tier 1 capital to risk-weighted assets [Abstract]
Actual Amount	$ 478,463	$ 460,687
Minimum Capital Requirement, Amount	$ 243,332	$ 231,566
Tier 1 capital to risk-weighted assets, Ratio [Abstract]
Actual Ratio	0.1180	0.1194
Minimum Capital Requirement, Ratio	0.0600	0.0600
Risk-based capital to risk-weighted assets [Abstract]
Actual Amount	$ 529,311	$ 509,091
Minimum Capital Requirement, Amount	$ 324,442	$ 308,755
Risk-based capital to risk-weighted assets, Ratio [Abstract]
Actual Ratio	0.1305	0.1319
Minimum Capital Requirement, Ratio	0.0800	0.0800
Tier 1 leverage capital ratio [Abstract]
Actual Amount	$ 478,463	$ 460,687
Minimum Capital Requirement, Amount	$ 214,167	$ 206,606
Tier 1 leverage capital ratio, Ratio [Abstract]
Actual Ratio	0.0894	0.0892
Minimum Capital Requirement, Ratio	0.0400	0.0400
Farmers & Merchants Bank [Member]
CET1 capital to risk-weighted assets [Abstract]
Actual Amount	$ 475,077	$ 459,813
Minimum to be Categorized as "Adequately Capitalized", Amount	182,470	173,664
Minimum to be Categorized as "Well Capitalized", Amount	$ 263,567	$ 250,847
CET1 capital to risk-weighted assets, Ratio [Abstract]
Actual Ratio	0.1172	0.1191
Minimum to be Categorized as "Adequately Capitalized", Ratio	0.0450	0.0450
Minimum to be Categorized as "Well Capitalized", Ratio	0.0650	0.0650
Tier 1 capital to risk-weighted assets [Abstract]
Actual Amount	$ 475,077	$ 459,813
Minimum Capital Requirement, Amount	243,293	231,551
Well Capitalized Requirement, Amount	$ 324,391	$ 308,735
Tier 1 capital to risk-weighted assets, Ratio [Abstract]
Actual Ratio	0.1172	0.1191
Minimum Capital Requirement, Ratio	0.0600	0.0600
Well Capitalized Requirement, Ratio	0.0800	0.0800
Risk-based capital to risk-weighted assets [Abstract]
Actual Amount	$ 525,918	$ 508,215
Minimum Capital Requirement, Amount	324,391	308,735
Well Capitalized Requirement, Amount	$ 405,488	$ 385,919
Risk-based capital to risk-weighted assets, Ratio [Abstract]
Actual Ratio	0.1297	0.1317
Minimum Capital Requirement, Ratio	0.0800	0.0800
Well Capitalized Requirement, Ratio	0.1000	0.1000
Tier 1 leverage capital ratio [Abstract]
Actual Amount	$ 475,077	$ 459,813
Minimum Capital Requirement, Amount	213,871	206,426
Well Capitalized Requirement, Amount	$ 267,339	$ 258,033
Tier 1 leverage capital ratio, Ratio [Abstract]
Actual Ratio	0.0889	0.0891
Minimum Capital Requirement, Ratio	0.0400	0.0400
Well Capitalized Requirement, Ratio	0.0500	0.0500

Shareholders' Equity, Earnings

Shareholders' Equity, Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator [Abstract]
Net income	$ 18,443	$ 16,153	$ 35,501	$ 32,866
Denominator [Abstract]
Weighted average number of common shares outstanding (in shares)	781,880	789,646	783,976	789,646
Weighted average number of dilutive shares outstanding (in shares)	781,880	789,646	783,976	789,646
Basic earnings per common share (in dollars per share)	$ 23.58	$ 20.45	$ 45.28	$ 41.62
Diluted earning per common share (in dollars per share)	$ 23.58	$ 20.45	$ 45.28	$ 41.62

Fair Value Measurements, Summar

Fair Value Measurements, Summary (Details)	6 Months Ended
	Jun. 30, 2022
Impaired Loans [Member]
Fair Value Measurements [Abstract]
Percentage of selling costs	10%
ORE [Member]
Fair Value Measurements [Abstract]
Percentage of selling costs	10%

Fair Value Measurements, Assets

Fair Value Measurements, Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financial Assets [Abstract]
Investment securities available-for-sale	$ 225,338	$ 270,454
Recurring [Member]
Financial Assets [Abstract]
Cash and cash equivalents	747,788	715,460
Investment securities available-for-sale	225,338	270,454
Investment securities held-to-maturity	763,147	726,034
Non-marketable securities	15,549	15,549
Loans and leases, net	3,180,540	3,179,857
Bank-owned life insurance	72,513	71,411
Financial Liabilities [Abstract]
Total deposits	4,764,168	4,639,398
Subordinated debentures	9,181	6,890
Recurring [Member] | Level 1 [Member]
Financial Assets [Abstract]
Cash and cash equivalents	747,788	715,460
Investment securities available-for-sale	4,952	10,214
Investment securities held-to-maturity	0	0
Non-marketable securities	0	0
Loans and leases, net	0	0
Bank-owned life insurance	72,513	71,411
Financial Liabilities [Abstract]
Total deposits	0	0
Subordinated debentures	0	0
Recurring [Member] | Level 2 [Member]
Financial Assets [Abstract]
Cash and cash equivalents	0	0
Investment securities available-for-sale	220,386	260,240
Investment securities held-to-maturity	720,108	681,588
Non-marketable securities	0	0
Loans and leases, net	0	0
Bank-owned life insurance	0	0
Financial Liabilities [Abstract]
Total deposits	4,390,883	4,247,666
Subordinated debentures	9,181	6,890
Recurring [Member] | Level 3 [Member]
Financial Assets [Abstract]
Cash and cash equivalents	0	0
Investment securities available-for-sale	0	0
Investment securities held-to-maturity	43,039	44,446
Non-marketable securities	15,549	15,549
Loans and leases, net	3,180,540	3,179,857
Bank-owned life insurance	0	0
Financial Liabilities [Abstract]
Total deposits	373,285	391,732
Subordinated debentures	0	0
Recurring [Member] | Carrying Amount [Member]
Financial Assets [Abstract]
Cash and cash equivalents	747,788	715,460
Investment securities available-for-sale	225,338	270,454
Investment securities held-to-maturity	867,990	737,052
Non-marketable securities	15,549	15,549
Loans and leases, net	3,187,806	3,176,170
Bank-owned life insurance	72,513	71,411
Financial Liabilities [Abstract]
Total deposits	4,769,513	4,640,152
Subordinated debentures	$ 10,310	$ 10,310

Fair Value Measurements, Asse_2

Fair Value Measurements, Assets Measured at Fair Value on a Recurring and Non-recurring Basis (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		$ 225,338	$ 270,454
U.S. Treasury Notes [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		4,952	10,089
Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale	[1]	203,607	251,120
Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		9,526
Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		310	435
Recurring [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		225,338	270,454
Recurring [Member] | U.S. Treasury Notes [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		4,952	10,089
Recurring [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		5,441	6,374
Recurring [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		203,607	251,120
Recurring [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		1,502	2,436
Recurring [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		9,526
Recurring [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		310	435
Recurring [Member] | Level 1 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		4,952	10,214
Recurring [Member] | Level 1 [Member] | U.S. Treasury Notes [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		4,952	10,089
Recurring [Member] | Level 1 [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 1 [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 1 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 1 [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0
Recurring [Member] | Level 1 [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	125
Recurring [Member] | Level 2 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		220,386	260,240
Recurring [Member] | Level 2 [Member] | U.S. Treasury Notes [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 2 [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		5,441	6,374
Recurring [Member] | Level 2 [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		203,607	251,120
Recurring [Member] | Level 2 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		1,502	2,436
Recurring [Member] | Level 2 [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		9,526
Recurring [Member] | Level 2 [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		310	310
Recurring [Member] | Level 3 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 3 [Member] | U.S. Treasury Notes [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 3 [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 3 [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 3 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Level 3 [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0
Recurring [Member] | Level 3 [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		0	0
Recurring [Member] | Carrying Amount [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		225,338	270,454
Recurring [Member] | Carrying Amount [Member] | U.S. Treasury Notes [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		4,952	10,089
Recurring [Member] | Carrying Amount [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		5,441	6,374
Recurring [Member] | Carrying Amount [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		203,607	251,120
Recurring [Member] | Carrying Amount [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		1,502	2,436
Recurring [Member] | Carrying Amount [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		9,526
Recurring [Member] | Carrying Amount [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Investment securities available-for-sale		310	435
Nonrecurring [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Individually evaluated loans			2,562
Other real estate		873	873
Nonrecurring [Member] | Level 1 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Individually evaluated loans			0
Other real estate		0	0
Nonrecurring [Member] | Level 2 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Individually evaluated loans			0
Other real estate		0	0
Nonrecurring [Member] | Level 3 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Individually evaluated loans			2,562
Other real estate		873	873
Nonrecurring [Member] | Carrying Amount [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Individually evaluated loans			2,562
Other real estate		$ 873	$ 873
[1]All mortgage-backed securities and collateralized mortgage obligations

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Minimum [Member]
Off Balance Sheet Commitments [Abstract]
Off balance sheet risks maturity period	1 month
Maximum [Member]
Off Balance Sheet Commitments [Abstract]
Off balance sheet risks maturity period	60 months
Commitments to Extend Credit [Member]
Off Balance Sheet Commitments [Abstract]
Off-balance sheet risks, amount, liability	$ 995,795	$ 937,009
Unsecured commitments	20,787	21,036
Stand-by Letters of Credit [Member]
Off Balance Sheet Commitments [Abstract]
Off-balance sheet risks, amount, liability	16,484	17,880
Unsecured commitments	7,409	9,091
Performance Guarantees under Interest Rate Swap Contracts Entered into with Our Clients and Third-Parties [Member]
Off Balance Sheet Commitments [Abstract]
Off-balance sheet risks, amount, liability	$ 0	$ 1,433