Farmers & Merchants Bancorp (FMCB) 10-Q 9 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Jul. 31, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
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		738,565

UNAUDITED CONSOLIDATED BALANCE

UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 70,260	$ 72,267
Interest bearing deposits with banks	225,676	338,375
Total cash and cash equivalents	295,936	410,642
Securities available-for-sale, amortized cost $271,970 and $199,374, respectively	251,413	182,512
Securities held-to-maturity, fair value $638,718 and $671,585, respectively	794,797	817,688
Allowance for credit losses - securities held-to-maturity	(450)	(450)
Total investment securities	1,045,760	999,750
Non-marketable securities	15,549	15,549
Loans and leases held for investment, net of unearned income	3,682,370	3,654,689
Allowance for credit losses - loans and leases	(75,032)	(74,965)
Loans and leases held for investment, net	3,607,338	3,579,724
Bank-owned life insurance	73,654	74,931
Premises and equipment, net	51,306	51,907
Deferred income tax assets and income taxes receivable	43,821	50,071
Accrued interest receivable	27,195	28,520
Goodwill	11,183	11,183
Other intangibles	1,962	2,236
Other real estate owned	873	873
Other assets	92,908	83,542
TOTAL ASSETS	5,267,485	5,308,928
Deposits:
Non-interest bearing	1,377,514	1,482,571
Interest bearing:
Demand	856,713	933,417
Savings and money market	1,609,334	1,607,479
Certificates of deposit	753,494	644,628
Total interest bearing	3,219,541	3,185,524
Total deposits	4,597,055	4,668,095
Subordinated debentures	10,310	10,310
Interest payable and other liabilities	83,900	80,768
TOTAL LIABILITIES	4,691,265	4,759,173
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, 739,308 and 747,971 issued and outstanding at June 30, 2024 and December 31, 2023, respectively	7	7
Additional paid-in capital	27,931	36,852
Retained earnings	563,383	525,360
Accumulated other comprehensive loss, net of taxes	(15,101)	(12,464)
TOTAL SHAREHOLDERS' EQUITY	576,220	549,755
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 5,267,485	$ 5,308,928

UNAUDITED CONSOLIDATED BALANC_2

UNAUDITED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
UNAUDITED CONSOLIDATED BALANCE SHEETS [Abstract]
Securities available-for-sale, amortized cost	$ 271,970	$ 199,374
Securities held-to-maturity, fair value	$ 638,718	$ 671,585
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 issued (in shares)	739,308	747,971
Common Stock, shares outstanding (in shares)	739,308	747,971

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest income
Interest and fees on loans and leases	$ 56,190	$ 49,690	$ 111,598	$ 97,698
Interest and dividends on investment securities	7,424	5,445	14,127	11,108
Interest on deposits with others	6,217	5,882	10,747	11,843
Total interest income	69,831	61,017	136,472	120,649
Interest expense
Deposits	17,906	8,391	32,551	12,105
Borrowed funds	924	0	986	0
Subordinated debentures	220	204	441	400
Total interest expense	19,050	8,595	33,978	12,505
Net interest income	50,781	52,422	102,494	108,144
Provision for credit losses	0	2,557	0	4,057
Net interest income after provision for credit losses	50,781	49,865	102,494	104,087
Non-interest income
Card processing	1,764	1,712	3,393	3,303
Service charges on deposit accounts	749	690	1,497	1,324
Increase in cash surrender value of BOLI	602	506	1,197	950
Gain on BOLI death benefit	0	0	0	4,346
Net loss on sale of securities available-for-sale	0	0	0	(5,686)
Net gain on deferred compensation benefits	414	1,302	1,572	2,198
Other	1,238	1,237	2,183	2,472
Total non-interest income	4,767	5,447	9,842	8,907
Non-interest expense
Salaries and employee benefits	17,999	17,937	35,502	37,521
Net gain on deferred compensation benefits	414	1,302	1,572	2,198
Data Processing	1,535	1,307	2,990	2,567
Occupancy	1,243	1,228	2,475	2,408
Deposit insurance	702	673	1,414	1,365
Professional services	621	673	1,162	1,355
Marketing	562	425	1,042	895
Other	2,346	3,277	4,786	6,696
Total non-interest expense	25,422	26,822	50,943	55,005
INCOME BEFORE INCOME TAXES	30,126	28,490	61,393	57,989
Income tax expense	8,359	7,182	16,903	13,134
NET INCOME	$ 21,767	$ 21,308	$ 44,490	$ 44,855
Earnings per common share:
Basic (in dollars per share)	$ 29.39	$ 28.03	$ 59.95	$ 58.83
Diluted (in dollars per share)	$ 29.39	$ 28.03	$ 59.95	$ 58.83
Weighted average number of common shares
Basic (in shares)	740,752	760,308	742,150	762,443
Diluted (in shares)	740,752	760,308	742,150	762,443

UNAUDITED CONSOLIDATED STATEM_2

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 21,767	$ 21,308	$ 44,490	$ 44,855
Other comprehensive income
Unrealized (losses)/gains on available-for-sale securities	(1,095)	(1,191)	(3,695)	1,171
Reclassification adjustment for losses on available-for-sale securities	0	0	0	5,685
Amortization of unrealized loss on securities transferred to held-to-maturity	(22)	(47)	(49)	(77)
Net unrealized (losses)/gains on available-for-sale securities	(1,117)	(1,238)	(3,744)	6,779
Income tax benefit/(expense)	330	375	1,107	(2,004)
Other comprehensive (loss)/income, net of tax	(787)	(863)	(2,637)	4,775
Total comprehensive income	$ 20,980	$ 20,445	$ 41,853	$ 49,630

UNAUDITED CONSOLIDATED STATEM_3

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	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance at Dec. 31, 2022	$ 8	$ 57,206	$ 449,932	$ (21,838)	$ 485,308
Balance (in shares) at Dec. 31, 2022	768,337
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	44,855	0	44,855
Other comprehensive income (loss), net of tax	0	0	0	4,775	4,775
Cash dividends declared	0	0	(6,286)	0	(6,286)
Repurchase of common stock	$ 0	(13,943)	0	0	(13,943)
Repurchase of common stock (in shares)	(13,814)
Balance at Jun. 30, 2023	$ 8	43,263	488,501	(17,063)	514,709
Balance (in shares) at Jun. 30, 2023	754,523
Balance at Mar. 31, 2023	$ 8	51,615	473,479	(16,200)	508,902
Balance (in shares) at Mar. 31, 2023	762,931
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	21,308	0	21,308
Other comprehensive income (loss), net of tax	0	0	0	(863)	(863)
Cash dividends declared	0	0	(6,286)	0	(6,286)
Repurchase of common stock	$ 0	(8,352)	0	0	(8,352)
Repurchase of common stock (in shares)	(8,408)
Balance at Jun. 30, 2023	$ 8	43,263	488,501	(17,063)	514,709
Balance (in shares) at Jun. 30, 2023	754,523
Balance at Dec. 31, 2023	$ 7	36,852	525,360	(12,464)	$ 549,755	$ 40	$ 40
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]						us-gaap:AccountingStandardsUpdate202302Member	us-gaap:AccountingStandardsUpdate202302Member
Balance (in shares) at Dec. 31, 2023	747,971				747,971
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	44,490	0	$ 44,490
Other comprehensive income (loss), net of tax	0	0	0	(2,637)	(2,637)
Cash dividends declared	0	0	(6,507)	0	(6,507)
Repurchase of common stock	$ 0	(8,921)	0	0	(8,921)
Repurchase of common stock (in shares)	(8,663)
Balance at Jun. 30, 2024	$ 7	27,931	563,383	(15,101)	$ 576,220
Balance (in shares) at Jun. 30, 2024	739,308				739,308
Balance at Mar. 31, 2024	$ 7	31,401	548,123	(14,314)	$ 565,217
Balance (in shares) at Mar. 31, 2024	742,770
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	21,767	0	21,767
Other comprehensive income (loss), net of tax	0	0	0	(787)	(787)
Cash dividends declared	0	0	(6,507)	0	(6,507)
Repurchase of common stock	$ 0	(3,470)	0	0	(3,470)
Repurchase of common stock (in shares)	(3,462)
Balance at Jun. 30, 2024	$ 7	$ 27,931	$ 563,383	$ (15,101)	$ 576,220
Balance (in shares) at Jun. 30, 2024	739,308				739,308

UNAUDITED CONSOLIDATED STATEM_4

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividends declared (in dollars per share)	$ 8.8	$ 8.3	$ 8.8	$ 8.3

UNAUDITED CONSOLIDATED STATEM_5

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 44,490	$ 44,855
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	0	4,057
Depreciation and amortization	1,443	1,196
Net (accretion) amortization of securities premiums and discounts	(780)	35
Increase (decrease) in cash surrender value of BOLI	1,276	(950)
Gain on BOLI death benefit	0	(4,346)
Decrease in deferred income taxes, net	7,854	1,773
Loss on sale of securities available-for-sale	0	5,686
Net changes in:
Other assets	(6,714)	(2,636)
Other liabilities	7,526	16,671
Net cash provided by operating activities	55,095	66,341
Cash flows from investing activities:
Net change in loans and leases held for investment	(27,594)	6,388
Purchase of available-for-sale securities	(83,361)	(4,515)
Purchase of held-to-maturity securities	(2,028)	(2,071)
Proceeds from sales, maturities, calls and pay downs of available-for-sale securities	11,667	43,885
Proceeds from maturities, calls and pay downs of held-to-maturity securities	25,054	23,498
Purchase of premises and equipment	(844)	(3,239)
Purchase of other investments	(11,227)	(2,166)
Redemption of other investments	5,000	0
Proceeds from bank-owned life insurance	0	11,752
Proceeds from sale of assets	0	27
Net cash (used in) provided by investing activities	(83,333)	73,559
Cash flows from financing activities:
Net decrease in deposits	(71,040)	(120,956)
Cash dividends paid	(6,507)	(6,286)
Net cash used in share repurchases of common stock	(8,921)	(13,943)
Net cash (used in) financing activities	(86,468)	(141,185)
Net change in cash and cash equivalents	(114,706)	(1,285)
Cash and cash equivalents, beginning of period	410,642	588,257
Cash and cash equivalents, end of period	295,936	586,972
Supplemental disclosures of cash flow information:
Cash paid for interest	34,423	9,907
Income taxes paid	7,349	16
Supplemental disclosures of non-cash transactions:
Net change in unrealized gains on securities available-for-sale	$ 3,695	$ 6,857

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
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 condensed 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 Californi a (“F&M Bank” or the “Bank”) collectively 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, 2024 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. 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, 2023 filed with the SEC on March 14, 2024 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 2023 Form 10-K. Interim results are not necessarily indicative of results for a full year or any other interim period. Recently Adopted Accounting Standards — The Accounting Standards Codification™ (“ASC”) is the FASB officially recognized source of authoritative GAAP applicable to all public and non-public non-governmental entities. Periodically, the FASB will issue Accounting Standard updates (“ASU”) to its ASC. Rules and interpretive releases of the SEC under the authority of the federal securities laws are also sources of authoritative GAAP for the Company as an SEC registrant. All other accounting literature is non-authoritative. On January 1, 2024, the company adopted the FASB issued guidance within ASU 2022-03, Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. The amendments in this ASU affect all entities that have investments in equity securities measured at fair value that are subject to a contractual sale restriction. These amendments clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The company adopted this standard on January 1, 2024, with no material impact on the Company’s Consolidated Financial Statements. On January 1, 2024, the Company adopted the FASB issued ASU 2023-02, Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method Investments – Equity Method and Joint Ventures: Income Taxes a $40,000 cumulative-effect adjustment to retained earnings under the modified retrospective method. Under the proportional amortization method the amortization of the LIHTC investments, income tax credits and other income tax benefits are now recognized in the income statement as a component of income tax expense (benefit) rather than other non-interest expense. 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 July 2023, the FASB issued ASU 2023-03, Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718) In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Updated and Simplification Initiative In December 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280), Improvements to Reportable Segment Disclosures”. ASU 2023-07 Requires public entities to disclose significant segment expenses, an amount and description for other segment items, the title and position of the entity’s chief operating decision maker (“CODM”) and an explanation of how the CODM uses the reported measures of profit or loss to assess segment performance, and, on an interim basis, certain segment related disclosures that previously were required only on an annual basis. ASU 2023-07 also clarifies that entities with a single reportable segment are subject to both new and existing segment reporting requirements and that an entity is permitted to disclose multiple measures of segment profit or loss, provided that certain criteria are met. ASU 2023-07 requires annual disclosures for fiscal years beginning January 1, 2024 and interim disclosures for fiscal years beginning January 1, 2025. Early adoption is permitted. The Company is required to apply the amendments in this update retrospectively to all prior periods presented in the financial statements. The Company will update its segment related disclosures upon adoption. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.”

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2024
Investment Securities [Abstract]
Investment Securities	N ote 2— The amortized cost, fair values, and unrealized gains and losses of the securities available-for-sale are as follows: Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair As of June 30, 2024 U.S. Government-sponsored securities $ 2,885 $ 12 $ 15 $ 2,882 Mortgage-backed securities (1) 248,293 859 21,289 227,863 Collateralized mortgage obligations (1) 5,712 - 106 5,606 Corporate securities 14,770 15 33 14,752 Other 310 - - 310 Total available-for-sale securities $ 271,970 $ 886 $ 21,443 $ 251,413 (1) and collateralized mortgage obligations Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of December 31, 2023 U.S. Government-sponsored securities $ 3,230 $ 12 $ 18 $ 3,224 Mortgage-backed securities (1) 180,543 3,022 19,727 163,838 Collateralized mortgage obligations (1) 548 - 13 535 Corporate securities 14,743 41 179 14,605 Other 310 - - 310 Total available-for-sale securities $ 199,374 $ 3,075 $ 19,937 $ 182,512 (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 unrecognized gains and losses of investments classified as held-to-maturity are as follows: Gross Unrecognized (Dollars in thousands) Amortized Cost Gains Losses Fair Value Allowance for Credit Losses As of June 30, 2024 Mortgage-backed securities (1) $ 646,404 $ - $ 141,259 $ 505,145 $ - Collateralized mortgage obligations (1) 71,182 - 14,306 56,876 - Municipal securities 77,211 48 562 76,697 450 Total held-to-maturity securities $ 794,797 $ 48 $ 156,127 $ 638,718 $ 450 (1) All mortgage-backed securities and collateralized mortgage obligations Gross Unrecognized (Dollars in thousands) Amortized Cost Gains Losses Fair Value Allowance for Credit Losses As of December 31, 2023 Mortgage-backed securities (1) $ 664,728 $ 30 $ 132,043 $ 532,715 $ - Collateralized mortgage obligations (1) 74,170 - 14,017 60,153 - Municipal securities 78,790 107 180 78,717 450 Total held-to-maturity securities $ 817,688 $ 137 $ 146,240 $ 671,585 $ 450 (1) All mortgage-backed securities and collateralized mortgage obligations The allowance for credit losses on held-to-maturity securities is a contra-asset valuation account that is deducted from the amortized cost basis of held-to-maturity securities to present the net amount expected to be collected. Management measures expected credit losses on held-to-maturity securities on a collective basis by major security type with each type sharing similar risk characteristics, and considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. With regard to residential mortgage-backed securities issued by the U.S. government, or agencies thereof, it is expected that the securities will not be settled at prices less than the amortized cost bases of the securities as such securities are backed by the full faith and credit of and/or guaranteed by the U.S. government. Accordingly, no allowance for credit losses has been recorded for these securities. With regard to securities issued by States and political subdivisions and other held-to-maturity securities, management considers (i) issuer bond ratings, (ii) historical loss rates for given bond ratings, (iii) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities, (iv) internal forecasts and (v) whether or not such securities are guaranteed or pre-refunded by the issuers. 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. The following tables show the gross unrealized losses for available-for-sale securities, for which an allowance for credit losses has not been recorded, that are less than 12 months and 12 months or more: June 30, 2024 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized Losses Available-for-Sale Securities U.S. Government-sponsored securities $ - $ - $ 1,049 $ 15 $ 1,049 $ 15 Mortgage-backed securities (1) 109,045 342 74,864 20,947 183,909 21,289 Collateralized mortgage obligations (1) 5,113 93 493 13 5,606 106 Corporate securities 9,992 33 - - 9,992 33 Total available-for-sale securities $ 124,150 $ 468 $ 76,406 $ 20,975 $ 200,556 $ 21,443 (1) All mortgage-backed securities and collateralized mortgage obligations were issued by an agency or government sponsored entity of the U.S. Government. December 31, 2023 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Available-for-Sale Securities U.S. Government-sponsored securities $ 33 $ - $ 1,235 $ 18 $ 1,268 $ 18 Mortgage-backed securities (1) 1,629 11 80,746 19,716 82,375 19,727 Collateralized mortgage obligations (1) - - 535 13 535 13 Corporate securities - - 9,853 179 9,853 179 Total available-for-sale securities $ 1,662 $ 11 $ 92,369 $ 19,926 $ 94,031 $ 19,937 (1) All mortgage-backed securities and collateralized mortgage obligations As of June 30, 2024, the Company held 181 available-for-sale securities of which 17 were in an unrealized loss position for less than twelve months and 134 securities were in an unrealized loss position for twelve months or more without an allowance for credit losses. Because the decline in fair value is attributable to changes in interest rates and not credit quality and because the Company does not have the intent to sell and it is likely that the Company will not be required to sell the securities prior to their anticipated recovery, it has been determined that there is no expected credit loss. Management evaluates the available-for-sale securities in an unrealized loss position, relying primarily on industry analyst reports and observations of market conditions and interest rate fluctuations. The following table presents the activity in the allowance for credit losses for held-to-maturity securities by major type: June 30, 2024 (Dollars in thousands) Municipal securities Mortgage-backed securities Collateralized Mortgage obligations Total Allowance for credit losses - securities Beginning balance $ 450 $ - $ - $ 450 Provision for credit losses - - - - Ending Balance $ 450 $ - $ - $ 450 December 31, 2023 (Dollars in thousands) Municipal securities Mortgage-backed securities Collateralized Mortgage obligations Total Allowance for credit losses - securities Beginning balance $ 393 $ - $ - $ 393 Provision for credit losses 57 - - 57 Ending Balance $ 450 $ - $ - $ 450 The amortized cost and estimated fair values of investment securities at June 30, 2024 by contractual final maturity are shown in the following table: Available-for-Sale Held-to-Maturity ( Doll Amortized Cost Fair Value Amortized Cost Fair Value Securities maturing in: One year or less $ 358 $ 358 $ 2,665 $ 2,660 After one year through five years 19,719 19,541 18,069 17,647 After five years through ten years 5,146 4,978 19,168 17,943 After ten years 246,747 226,536 754,895 600,468 Total $ 271,970 $ 251,413 $ 794,797 $ 638,718 Maturities are based on the final contractual payment dates, and do not reflect the impact of prepayments or early redemptions that may occur. Expected maturities of mortgage-backed and CMO 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 held-to-maturity 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 tables summarizes the amortized cost of held-to-maturity municipal securities by credit rating as of the dates indicated: Held-to-Maturity Amortized Cost (Dollars in thousands) AAA/AA/A BBB/BB/B Not Rated Total June 30, 2024 Municipal securities $ 19,641 $ 399 $ 57,171 $ 77,211 Total $ 19,641 $ 399 $ 57,171 $ 77,211 As of June 30, 2024, there were no past due principal or interest payments associated with these securities. Held-to-Maturity Amortized Cost (Dollars in thousands) AAA/AA/A BBB/BB/B Not Rated Total December 31, 2023 Municipal securities $ 20,203 $ 395 $ 58,192 $ 78,790 Total $ 20,203 $ 395 $ 58,192 $ 78,790 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, 2024 $ - $ - $ - Six months ended June 30, 2023 $ 30,482 $ - $ 5,686 Pledged Securities As of June 30, 2024, investment securities carried at $741.6 million were pledged to secure public deposits, Federal Home Loan Bank (“FHLB”) borrowings, and other government agency deposits as required by law. This amount of investments pledged was $794.1 million at December 31, 2023.

Loans and Leases

Loans and Leases	6 Months Ended
	Jun. 30, 2024
Loans and Leases [Abstract]
Loans and Leases	Note 3— Loans and Leases Loans and leases as of the dates indicated consisted of the following: (Dollars in thousands) June 30, 2024 December 31, 2023 Loans and leases held for investment, net Real estate: Commercial $ 1,363,198 $ 1,323,038 Agricultural 726,128 742,009 Residential and home equity 406,562 399,982 Construction 200,673 212,362 Total real estate 2,696,561 2,677,391 Commercial & industrial 498,844 499,373 Agricultural 312,882 313,737 Commercial leases 178,252 169,684 Consumer and other 5,698 5,212 Total gross loans and leases 3,692,237 3,665,397 Unearned income (9,867 ) (10,708 ) Total net loans and leases 3,682,370 3,654,689 Allowance for credit losses (75,032 ) (74,965 ) Total loans and leases held for investment, net $ 3,607,338 $ 3,579,724 At June 30, 2024, the portion of loans that were approved for pledging as collateral on borrowing lines with the FHLB and the Federal Reserve Bank (“FRB”) were $1.3 billion and $1.5 billion, respectively. The borrowing capacity on these loans was $810.2 million from FHLB and $1.2 billion from the FRB at June 30, 2024. Note 3— Loans and Leases The following tables show an aging analysi s of the loan and lease portfolio, net of unearned income, by the time past due for the periods indicated: June 30, 2024 (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 $ 1,355,714 $ - $ - $ - $ - $ 1,355,714 Agricultural 726,128 - - - - 726,128 Residential and home equity 405,814 748 - - 748 406,562 Construction 200,673 - - - - 200,673 Total real estate 2,688,329 748 - - 748 2,689,077 Commercial & industrial 498,344 500 - - 500 498,844 Agricultural 312,882 - - - - 312,882 Commercial leases 175,695 174 - - 174 175,869 Consumer and other 5,686 12 - - 12 5,698 Total loans and leases, net $ 3,680,936 $ 1,434 $ - $ - $ 1,434 $ 3,682,370 December 31, 2023 (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 $ 1,314,928 $ - $ - $ - $ - $ 1,314,928 Agricultural 742,009 - - - - 742,009 Residential and home equity 399,946 36 - - 36 399,982 Construction 212,362 - - - - 212,362 Total real estate 2,669,245 36 - - 36 2,669,281 Commercial & industrial 499,341 32 - - 32 499,373 Agricultural 313,737 - - - - 313,737 Commercial leases 167,086 - - - - 167,086 Consumer and other 5,209 3 - - 3 5,212 Total loans and leases, net $ 3,654,618 $ 71 $ - $ - $ 71 $ 3,654,689 Note 3— Loans and Leases The Company did not enter into any loan modifications with borrowers experiencing financial difficulty during the six months ended June 30, 2024. During the six months ended June 30, 2023, we had one residential real estate loan modified in the amount of $127,000 that had the contractual interest rate decreased by 1.00% and the contractual term extended by 120 months. When borrowers are experiencing financial difficulty, the Company may agree to modify the contractual terms of a loan to a borrower in order to assist the borrower in repaying principal and interest owed to the Company. The Company’s modifications of loans to borrowers experiencing financial difficulty are generally in the form of term extensions, repayment plans, payment deferrals, forbearance agreements, interest rate reductions, forgiveness of interest and/or fees, or any combination thereof. Commercial loans modified to borrowers experiencing financial difficulty are primarily loans that are substandard or non-accrual, where the maturity date was extended and/or the modified interest rate and payment terms are not commensurate with the current market. Modifications on personal real estate loans are primarily those placed on forbearance plans, repayment plans, or deferral plans where monthly payments are suspended for a period of time or past due amounts are paid off over a certain period of time in the future or set up as a balloon payment at maturity. Modifications to certain credit card and other small consumer loans are often modified under debt counseling programs that can reduce the contractual rate or, in certain instances, forgive certain fees and interest charges. Other consumer loans modified to borrowers experiencing financial difficulty consist of various other workout arrangements with consumer customers. There were no loans that were modified within the last 12 months that had a payment default or were past due during the six months ended June 30, 2024. The Company assigns a risk rating to all loans and leases and periodically performs detailed reviews of all such loans and leases over a certain threshold to identify credit risks and assess overall collectability. Risk ratings can be grouped into five major categories, defined as follows: Pass and watch — A pass loan or lease is a strong credit with no existing or known potential weaknesses deserving of management’s close attention. This category also includes “Watch” loans, which is a loan with an emerging weakness in either the individual credit or industry that requires additional attention. A credit may also be classified Watch if cash flows have not yet stabilized, such as in the case of a development project. Special mention Substandard Doubtful Loss The following table presents the credit risk rating categories for loans and leases held for investment (accruing and non-accruing) net of deferred fees by loan portfolio segment and class as of the dates indicated. June 30, 2024 (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 $ 1,352,338 $ 3,376 $ - $ - $ 1,355,714 $ 22,608 Agricultural 698,104 27,478 546 - 726,128 16,486 Residential and home equity 405,738 114 710 - 406,562 7,584 Construction 200,673 - - - 200,673 2,165 Total real estate 2,656,853 30,968 1,256 - 2,689,077 48,843 Commercial & industrial 493,400 4,979 465 - 498,844 10,972 Agricultural 312,126 710 46 - 312,882 6,908 Commercial leases 171,099 4,770 - - 175,869 7,597 Consumer and other 5,490 - 208 - 5,698 712 Total loans and leases, net $ 3,638,968 $ 41,427 $ 1,975 $ - $ 3,682,370 $ 75,032 December 31, 2023 (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 $ 1,308,717 $ 6,211 $ - $ - $ 1,314,928 $ 26,093 Agricultural 729,135 12,329 545 - 742,009 7,744 Residential and home equity 399,217 - 765 - 399,982 7,770 Construction 212,362 - - - 212,362 4,432 Total real estate 2,649,431 18,540 1,310 - 2,669,281 46,039 Commercial & industrial 486,439 12,458 476 - 499,373 13,380 Agricultural 310,496 3,236 5 - 313,737 8,872 Commercial leases 167,080 6 - - 167,086 6,537 Consumer and other 5,036 - 176 - 5,212 137 Total loans and leases, net $ 3,618,482 $ 34,240 $ 1,967 $ - $ 3,654,689 $ 74,965 The following table presents outstanding loan and lease balances held for investment net of unearned income by segment and class, credit quality indicators, vintage year by class of financing receivable, and current period gross charge-offs by year of origination as follows: June 30, 2024 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Real estate: Commercial Pass $ 35,410 $ 119,248 $ 167,224 $ 218,406 $ 140,794 $ 314,708 $ 261,582 $ 94,966 $ 1,352,338 Special mention - - 1,274 - - 601 1,470 31 3,376 Substandard - - - - - - - - - Doubtful - - - - - - - - - Total Commercial $ 35,410 $ 119,248 $ 168,498 $ 218,406 $ 140,794 $ 315,309 $ 263,052 $ 94,997 $ 1,355,714 Commercial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Agricultural Pass $ 7,854 $ 36,895 $ 70,359 $ 39,370 $ 49,397 $ 163,571 $ 297,948 $ 32,710 $ 698,104 Special mention - - - - 800 10,565 16,113 - 27,478 Substandard - - - - - 546 - - 546 Doubtful - - - - - - - - - Total Agricultural $ 7,854 $ 36,895 $ 70,359 $ 39,370 $ 50,197 $ 174,682 $ 314,061 $ 32,710 $ 726,128 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential and home equity Pass $ 18,275 $ 40,366 $ 60,423 $ 85,899 $ 76,417 $ 78,090 $ 46,196 $ 72 $ 405,738 Special mention - - - - - 114 - - 114 Substandard - - - - - 710 - - 710 Doubtful - - - - - - - - - Total Residential and home equity $ 18,275 $ 40,366 $ 60,423 $ 85,899 $ 76,417 $ 78,914 $ 46,196 $ 72 $ 406,562 Residential and home equity Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction Pass $ 5,799 $ - $ 1,500 $ - $ - $ 1,576 $ 191,798 $ - $ 200,673 Special mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Total construction $ 5,799 $ - $ 1,500 $ - $ - $ 1,576 $ 191,798 $ - $ 200,673 Construction Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Real estate $ 67,338 $ 196,509 $ 300,780 $ 343,675 $ 267,408 $ 570,481 $ 815,107 $ 127,779 $ 2,689,077 Commercial & industrial Pass $ 16,131 $ 43,309 $ 23,956 $ 19,431 $ 5,506 $ 8,150 $ 349,189 $ 27,728 $ 493,400 Special mention - 2,281 24 19 - - 2,623 32 4,979 Substandard - - - 38 - 427 - - 465 Doubtful - - - - - - - - - Total Commercial & industrial $ 16,131 $ 45,590 $ 23,980 $ 19,488 $ 5,506 $ 8,577 $ 351,812 $ 27,760 $ 498,844 Commercial & industrial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - June 30, 2024 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Agricultural Pass $ 1,212 $ 3,668 $ 3,926 $ 1,967 $ 522 $ 2,650 $ 283,272 $ 14,909 $ 312,126 Special mention - - 48 - - - 619 43 710 Substandard - - - - - 2 44 - 46 Total Agricultural $ 1,212 $ 3,668 $ 3,974 $ 1,967 $ 522 $ 2,652 $ 283,935 $ 14,952 $ 312,882 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial leases Pass $ 19,978 $ 78,190 $ 24,534 $ 9,465 $ 8,634 $ 30,298 $ - $ - $ 171,099 Special mention 583 - 4,187 - - - - - 4,770 Substandard - - - - - - - - - Total Commercial leases $ 20,561 $ 78,190 $ 28,721 $ 9,465 $ 8,634 $ 30,298 $ - $ - $ 175,869 Commercial leases Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer and other Pass $ 684 $ 1,483 $ 728 $ 181 $ 27 $ 1,596 $ 791 $ - $ 5,490 Special mention - - - - - - - - - Substandard 188 - - - - 20 - - 208 Total Consumer and other $ 872 $ 1,483 $ 728 $ 181 $ 27 $ 1,616 $ 791 $ - $ 5,698 Consumer and other Current-period gross charge-offs $ 26 $ - $ - $ - $ - $ - $ - $ - $ 26 Total net loans and leases Pass $ 105,343 $ 323,159 $ 352,650 $ 374,719 $ 281,297 $ 600,639 $ 1,430,776 $ 170,385 $ 3,638,968 Special mention 583 2,281 5,533 19 800 11,280 20,825 106 41,427 Substandard 188 - - 38 - 1,705 44 - 1,975 Total net loans and leases $ 106,114 $ 325,440 $ 358,183 $ 374,776 $ 282,097 $ 613,624 $ 1,451,645 $ 170,491 $ 3,682,370 Total current-period gross charge-offs $ 26 $ - $ - $ - $ - $ - $ - $ - $ 26 December 31, 2023 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Real estate: Commercial Pass $ 121,418 $ 169,171 $ 221,708 $ 143,502 $ 67,505 $ 261,344 $ 249,087 $ 74,982 $ 1,308,717 Special mention - 2,395 - - - 2,216 1,600 - 6,211 Substandard - - - - - - - - - Doubtful - - - - - - - - - Total Commercial $ 121,418 $ 171,566 $ 221,708 $ 143,502 $ 67,505 $ 263,560 $ 250,687 $ 74,982 $ 1,314,928 Commercial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Agricultural Pass $ 37,849 $ 71,367 $ 40,848 $ 50,445 $ 12,008 $ 165,267 $ 328,105 $ 23,246 $ 729,135 Special mention - - - 594 2,020 9,715 - - 12,329 Substandard - - - - - 545 - - 545 Doubtful - - - - - - - - - Total Agricultural $ 37,849 $ 71,367 $ 40,848 $ 51,039 $ 14,028 $ 175,527 $ 328,105 $ 23,246 $ 742,009 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential and home equity Pass $ 41,173 $ 62,505 $ 88,559 $ 78,810 $ 13,299 $ 70,339 $ 44,463 $ 69 $ 399,217 Special mention - - - - - - - - - Substandard - - - - - 765 - - 765 Doubtful - - - - - - - - - Total Residential and home equity $ 41,173 $ 62,505 $ 88,559 $ 78,810 $ 13,299 $ 71,104 $ 44,463 $ 69 $ 399,982 Residential and home equity Current-period gross charge-offs $ - $ - $ - $ - $ - $ 14 $ - $ - $ 14 Construction Pass $ - $ 2,500 $ - $ - $ 1,575 $ - $ 208,287 $ - $ 212,362 Special mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Total construction $ - $ 2,500 $ - $ - $ 1,575 $ - $ 208,287 $ - $ 212,362 Construction Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Real estate $ 200,440 $ 307,938 $ 351,115 $ 273,351 $ 96,407 $ 510,191 $ 831,542 $ 98,297 $ 2,669,281 Commercial & industrial Pass $ 49,162 $ 25,795 $ 21,695 $ 7,193 $ 4,123 $ 6,674 $ 352,502 $ 19,295 $ 486,439 Special mention 2,500 27 4,903 466 - - 4,519 43 12,458 Substandard - - - - - 476 - - 476 Doubtful - - - - - - - - - Total Commercial & industrial $ 51,662 $ 25,822 $ 26,598 $ 7,659 $ 4,123 $ 7,150 $ 357,021 $ 19,338 $ 499,373 Commercial & industrial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - December 31, 2023 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Agricultural Pass $ 3,013 $ 4,585 $ 2,296 $ 688 $ 1,026 $ 2,116 $ 292,391 $ 4,381 $ 310,496 Special mention - 52 75 - - - 3,109 - 3,236 Substandard - - - - 5 - - - 5 Total Agricultural $ 3,013 $ 4,637 $ 2,371 $ 688 $ 1,031 $ 2,116 $ 295,500 $ 4,381 $ 313,737 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial leases Pass $ 81,287 $ 31,954 $ 10,786 $ 9,514 $ 4,667 $ 28,872 $ - $ - $ 167,080 Special mention - - - - 6 - - - 6 Substandard - - - - - - - - - Total Commercial leases $ 81,287 $ 31,954 $ 10,786 $ 9,514 $ 4,673 $ 28,872 $ - $ - $ 167,086 Commercial leases Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer and other Pass $ 1,650 $ 930 $ 375 $ 48 $ 45 $ 1,400 $ 588 $ - $ 5,036 Special mention - - - - - - - - - Substandard 152 - - - - 24 - - 176 Total Consumer and other $ 1,802 $ 930 $ 375 $ 48 $ 45 $ 1,424 $ 588 $ - $ 5,212 Consumer and other Current-period gross charge-offs $ 41 $ 3 $ - $ - $ - $ 2 $ - $ - $ 46 Total net loans and leases Pass $ 335,552 $ 368,807 $ 386,267 $ 290,200 $ 104,248 $ 536,012 $ 1,475,423 $ 121,973 $ 3,618,482 Special mention 2,500 2,474 4,978 1,060 2,026 11,931 9,228 43 34,240 Substandard 152 - - - 5 1,810 - - 1,967 Total net loans and leases $ 338,204 $ 371,281 $ 391,245 $ 291,260 $ 106,279 $ 549,753 $ 1,484,651 $ 122,016 $ 3,654,689 Total current-period gross charge-offs $ 41 $ 3 $ - $ - $ - $ 16 $ - $ - $ 60 Certain directors and executive officers of the Company are defined as related parties. These related parties, including their immediate families and companies in which they are principal owners, were loan customers of the Bank during the six months ended June 30, 2024 and year ended December 31, 2023. Such loans were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable loans with borrowers not related to the Company. These loans did not involve more than the normal risk of collectibility or have other unfavorable features. A summary of the changes in those loans is as follows: June 30, December 31, (Dollars in thousands) 2024 2023 Balance at beginning of the period $ 17,035 $ 17,521 New loans or advances during year 250 1,706 Repayments (1,626 ) (2,192 ) Balance at end of period $ 15,659 $ 17,035 A loan or lease is considered collateral dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. When management determines that foreclosure is probable, expected credit losses for collateral dependent loans or leases are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. The collateral on the loans and leases is a significant portion of what secures the collateral dependent loans or leases and significant changes to the fair value of the collateral can impact the allowance for credit losses. During the six months ended June 30, 2024, there were no significant changes to the collateral that secures the collateral dependent loans, whether due to general deterioration or with credit quality indicators like appraisal value. The following tables present the amortized cost basis for collateral dependent loans and leases by type as of June 30, 2024 and December 31, 2023, respectively: June 30, 2024 (Dollars in thousands) Real Estate Vehicles and Equipment Total Collateral dependent loans and leases Real estate: Commercial $ - $ - $ - Agricultural 546 - 546 Residential and home equity 710 - 710 Construction - - - Total real estate 1,256 - 1,256 Commercial & industrial - 427 427 Agricultural - 83 83 Commercial leases - - - Consumer and other - 21 21 Total gross loans and leases $ 1,256 $ 531 $ 1,787 December 31, 2023 (Dollars in thousands) Real Estate Vehicles and Equipment Total Collateral dependent loans and leases Real estate: Commercial $ 1,517 $ - $ 1,517 Agricultural 6,118 - 6,118 Residential and home equity 1,607 - 1,607 Construction - - - Total real estate 9,242 - 9,242 Commercial & industrial - 473 473 Agricultural - 5 5 Commercial leases - - - Consumer and other - 164 164 Total gross loans and leases $ 9,242 $ 642 $ 9,884 Allowance for Credit Losses The allowance for credit losses (“ACL”) is the combination of the allowance for credit losses for loan and lease losses and the allowance for credit losses for unfunded loan commitments. The ACL for unfunded loan commitments is included within “Interest payable and other liabilities” on the consolidated balance sheets. The following tables present a summary of the activity in the ACL for loan and lease losses and ACL for unfunded loan commitments for the periods indicated: For the Three Months Ended June 30, 2024 2023 (Dollars in thousands) ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses Balance at beginning of period $ 75,018 $ 3,690 $ 78,708 $ 68,573 $ 2,090 $ 70,663 Provision for/(reversal of) credit losses - - - 2,500 - 2,500 Charge-offs (16 ) - (16 ) (9 ) - (9 ) Recoveries 30 - 30 48 - 48 Net (charge-offs)/recoveries 14 - 14 39 - 39 Balance at end of period $ 75,032 $ 3,690 $ 78,722 $ 71,112 $ 2,090 $ 73,202 For the Six Months Ended June 30, 2024 2023 (Dollars in thousands) ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses Balance at beginning of period $ 74,965 $ 3,690 $ 78,655 $ 66,885 $ 2,090 $ 68,975 Provision for/(reversal of) credit losses - - - 4,000 - 4,000 Charge-offs (26 ) - (26 ) (32 ) - (32 ) Recoveries 93 - 93 259 - 259 Net (charge-offs)/recoveries 67 - 67 227 - 227 Balance at end of period $ 75,032 $ 3,690 $ 78,722 $ 71,112 $ 2,090 $ 73,202 Changes in the allowance for credit losses on loans and leases are as follows: For the Three Months Ended June 30, 2024 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 33,791 $ 4,616 $ 7,721 $ 21,851 $ 6,923 $ 116 $ 75,018 Provision for/(reversal of) credit losses 5,303 (2,451 ) (144 ) (3,991 ) 674 609 - Charge-offs - - - - - (16 ) (16 ) Recoveries - - 7 20 - 3 30 Net (charge-offs)/recoveries - - 7 20 - (13 ) 14 Balance at end of period $ 39,094 $ 2,165 $ 7,584 $ 17,880 $ 7,597 $ 712 $ 75,032 For the Three Months Ended June 30, 2023 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 32,694 $ 2,785 $ 7,334 $ 23,888 $ 1,720 $ 152 $ 68,573 Provision for/(reversal of) credit losses 2,001 410 (176 ) 285 (63 ) 43 2,500 Charge-offs - - - - - (9 ) (9 ) Recoveries - - 21 21 - 6 48 Net (charge-offs)/recoveries - - 21 21 - (3 ) 39 Balance at end of period $ 34,695 $ 3,195 $ 7,179 $ 24,194 $ 1,657 $ 192 $ 71,112 For the Six Months Ended June 30, 2024 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 33,837 $ 4,432 $ 7,770 $ 22,252 $ 6,537 $ 137 $ 74,965 Provision for/(reversal of) credit losses 5,257 (2,267 ) (201 ) (4,410 ) 1,060 561 - Charge-offs - - - - - (26 ) (26 ) Recoveries - - 15 38 - 40 93 Net (charge-offs)/recoveries - - 15 38 - 14 67 Balance at end of period $ 39,094 $ 2,165 $ 7,584 $ 17,880 $ 7,597 $ 712 $ 75,032 For the Six Months Ended June 30, 2023 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 32,551 $ 3,026 $ 7,508 $ 21,705 $ 1,924 $ 171 $ 66,885 Provision for/(reversal of) credit losses 1,974 169 (346 ) 2,448 (267 ) 22 4,000 Charge-offs - - (14 ) - - (18 ) (32 ) Recoveries 170 - 31 41 - 17 259 Net (charge-offs)/recoveries 170 - 17 41 - (1 ) 227 Balance at end of period $ 34,695 $ 3,195 $ 7,179 $ 24,194 $ 1,657 $ 192 $ 71,112

Deposits

Deposits	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
Deposits	Note 4—Deposits Certificates of deposit greater than and less than or equal to the FDIC insurance limit of $250,000 are summarized as follows: (Dollars in thousands) June 30, 2024 December 31, 2023 Certificates of deposit: Certificates of deposit less than or equal to $250,000 $ 352,761 $ 325,798 Certificates of deposit greater than $250,000 400,733 318,830 Total certificates of deposit $ 753,494 $ 644,628 Scheduled maturities for certificates of deposit are as follows: (Dollars in thousands) Amount 2024 $ 504,263 2025 240,066 2026 6,347 2027 1,741 2028 946 Thereafter 131 Total certificates of deposit $ 753,494

Short-term Borrowings

Short-term Borrowings	6 Months Ended
	Jun. 30, 2024
Short-term Borrowings [Abstract]
Short-term Borrowings	Note 5—Short-term borrowings As of June 30, 2024 and December 31, 2023, committed lines of credit arrangements totaling $2.1 billion and $2.2 billion, respectively, were available to the Company from unaffiliated banks. The average Federal Funds interest rate as of June 30, 2024 was 5.50%. The Company is a member of the FHLB of San Francisco and has a committed credit line of $811.8 million, which is secured by $1.0 billion in various real estate loans and investment securities pledged as collateral. Borrowings generally provide for interest at the then current published rate, which was 5.63% as of June 30, 2024. The Company has $1.5 billion in pledged loans with the FRB. As of June 30, 2024 the Company’s overnight borrowing capacity using the primary credit facilities from the Fed account was . The borrowing rate was as of June 30, 2024 There were no outstanding advances on the above borrowing facilities as of June 30, 2024 or December

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2024
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 6—Employee Benefit Plans Executive Retirement Plan The Company, through the Bank, sponsors an Executive Retirement Plan (“ERP”) for certain executive level employees. The ERP is a non-qualified deferred compensation plan and was developed to supplement the Company’s Profit Sharing Plan, which, as a qualified retirement plan, has a ceiling on benefits as set by the Internal Revenue Service. The ERP is comprised of: (1) a Performance Component which makes contributions based upon long-term cumulative profitability and increase in market value of the Company; a Salary Component which makes contributions based upon participant salary levels; and an Equity Component for which contributions are discretionary and subject to Board of Directors approval. The Company maintains a Rabbi Trust to fund, in part, the ERP. The Rabbi Trust is an irrevocable grantor trust to which the Company may contribute assets for the limited purpose of funding a nonqualified deferred compensation plan. The Company may not use the assets of the Rabbi Trust for any purpose other than meeting its obligations under the ERP; however, the assets of the Rabbi Trust remain subject to the claims of its creditors and are included in the consolidated financial statements. The Company contributes cash to the Rabbi Trust from time to time for the sole purpose of funding the ERP. The Rabbi Trust will use any cash the Company contributes to purchase shares of common stock of the Company, and other financial instruments, on the open market. ERP contributions are invested in a mix of financial instruments; however, the Equity Component contributions are invested primarily in common stock of the Company. The Company expensed $4.5 million to the ERP during the months ended June and during the months ended June The Company’s carrying value of the liability under the ERP was as of June and as of December 023 , which is included in other liabilities on the balance sheet. The with an historical cost basis of and , respectively. All amounts have been fully funded into the Rabbi Trust as of June and December The consolidated investments held in the Rabbi Trust are recorded at fair value with changes in unrealized gains or losses recorded within non-interest income and the equal and offsetting charges in the related liability are recorded in non-interest expense in the consolidated statements of income. Net gains on ERP plan investments were $1.3 million and at June and respectively. Balances in non-qualified deferred compensation plans may be invested in financial instruments whose market value fluctuates based upon trends in interest rates and stock prices. Senior Management Retention Plan The Company, through the Bank, sponsors a Senior Management Retention Plan (“SMRP”) for certain senior level employees. The SMRP is a non-qualified deferred compensation plan and was developed to supplement the Company’s Profit Sharing Plan, which, as a qualified retirement plan, has a ceiling on benefits as set by the Internal Revenue Service. All contributions are discretionary and subject to the Board of Directors approval. The Company maintains a Rabbi Trust to fund, in part, the SMRP. The Rabbi Trust is an irrevocable grantor trust to which the Company may contribute assets for the limited purpose of funding a nonqualified deferred compensation plan. The Company may not use the assets of the Rabbi Trust for any purpose other than meeting its obligations under the SMRP; however, the assets of the Rabbi Trust remain subject to the claims of its creditors and are included in the consolidated financial statements. The Company contributes cash to the Rabbi Trust from time to time for the sole purpose of funding the SMRP. The Rabbi Trust will use any cash the Company contributes to purchase shares of common stock of the Company, and other financial instruments, on the open market. Contributions to the SMRP are invested primarily in common stock of the Company. The Company expensed $2.3 million to the SMRP during the months ended June and for months ended June The Company’s carrying value of the liability under the SMRP was as of June and as of December 3 , which is included in other liabilities on the balance sheet. and December totaled and shares with an historical cost basis of and , respectively. All amounts have been fully funded into the Rabbi Trust as of June and December The consolidated investments held in the Rabbi Trust are recorded at fair value with changes in unrealized gains or losses recorded within non-interest income and the equal and offsetting charges in the related liability are recorded in non-interest expense in the consolidated statements of income. Net gains on SMRP plan investments were $0.2 million and at June and respectively. Balances in non-qualified deferred compensation plans may be invested in financial instruments whose market value fluctuates based upon trends in interest rates and stock prices.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2024
Fair Value [Abstract]
Fair Value	Note 7—Fair Value The Company uses fair value measurements to record fair value adjustments to certain financial and non-financial assets and liabilities and to determine fair value disclosures. Various financial instruments such as available-for-sale securities are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets and liabilities on a non-recurring basis, such as collateral dependent loans and other real estate owned. These non-recurring fair value adjustments typically involve lower of cost or fair value accounting or write-down of individual assets. Fair Value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Depending on the nature of the asset or liability, the Company uses various valuation techniques and assumptions when estimating fair value. For accounting disclosure purposes, a three-level valuation hierarchy of fair value measurements has been established. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows: • Level 1 – inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. • Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, and inputs that are observable for the assets or liabilities, either directly or indirectly (such as interest rates, yield curves, and prepayment speeds). • Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value. These may be internally developed, using the Company’s best information and assumptions that a market participant would consider. The carrying amounts and estimated fair values of financial instruments held by the Company are set forth below. Fair value estimates are made at a specific point in time based on relevant market information. They do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for many of the Company’s financial instruments, fair value estimates are based on judgements regarding future expected loss experience, risk characteristics and economic conditions. These estimates are subjective, involve uncertainties, and cannot be determined with precision. Changes in assumptions could significantly affect the estimates. 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 terms and conditions, among other things. 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 an allowance for credit losses in accordance FASB ASC Topic 326. 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 non-recurring collateral dependent loans is primarily the sales comparison approach less estimated selling costs. Other Real Estate Owned (“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 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 non-recurring OREO is primarily the sales comparison approach less estimated selling costs. 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 2024 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Available-for-sale securities U.S. Government-sponsored securities $ 2,882 $ - $ 2,882 $ - $ 2,882 Mortgage-backed securities 227,863 - 227,863 - 227,863 Collateralized mortgage obligations 5,606 - 5,606 - 5,606 Corporate securities 14,752 - 14,752 - 14,752 Other 310 - 310 - 310 Fair valued on a non-recurring basis: Collateral dependent loans $ 1,787 $ - $ - $ 1,787 $ 1,787 Other real estate owned 873 - - 873 873 December 31, 2023 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Available-for-sale securities U.S. Government-sponsored securities $ 3,224 $ - $ 3,224 $ - $ 3,224 Mortgage-backed securities 163,838 - 163,838 - 163,838 Collateralized mortgage obligations 535 - 535 - 535 Corporate securities 14,605 - 14,605 - 14,605 Other 310 - 310 - 310 Fair valued on a non-recurring basis: Collateral dependent loans $ 9,884 $ - $ - $ 9,884 $ 9,884 Other real estate owned 873 - - 873 873 Collateral dependent loans While the overall loan portfolio is not carried at fair value, the Company periodically records nonrecurring adjustments to the carrying value of loans based on fair value measurements for partial charge-offs of the uncollectible portions of those loans. Nonrecurring adjustments also include certain impairment amounts for collateral dependent loans when establishing the allowance for credit losses on loans. Such amounts are generally based on the fair value of the underlying collateral supporting the loan. In determining the value of real estate collateral, the Company relies on external and internal appraisals of property values depending on the size and complexity of the real estate collateral. The Company maintains a list of qualified property appraisers who review appraisal reports for reasonableness. In the case of non-real estate collateral, reliance is placed on a variety of sources, including external estimates of value and judgments based on the experience and expertise of internal specialists. Values of all loan collateral are regularly reviewed by credit administration. Unobservable inputs to these measurements, which include estimates and judgments often used in conjunction with appraisals, are not readily quantifiable. These measurements are classified as Level 3. The following tables summarize the carrying amount and estimated fair values of the Company’s financial assets and liabilities not carried at fair value, 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, 2024 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 295,936 $ 295,936 $ - $ - $ 295,936 Held-to-maturity securities 794,347 - 581,547 57,171 638,718 Non-marketable securities, at cost 15,549 - 15,549 - 15,549 Loans and leases, net 3,607,338 - - 3,397,796 3,397,796 Financial Liabilities: Total deposits $ 4,597,055 $ - $ 4,591,397 $ - $ 4,591,397 Subordinated debentures 10,310 - 12,589 - 12,589 December 31, 2023 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 410,642 $ 410,642 $ - $ - $ 410,642 Held-to-maturity securities 817,238 - 613,393 58,192 671,585 Non-marketable securities, at cost 15,549 - 15,549 - 15,549 Loans and leases, net 3,579,724 - - 3,369,255 3,369,255 Financial Liabilities: Total deposits $ 4,668,095 $ - $ 4,662,782 $ - $ 4,662,782 Subordinated debentures 10,310 - 12,763 - 12,763 Non-marketable securities include FHLB stock, Pacific Coast Bankers’ Bank (“PCBB’’) stock and The Independent BankersBank (“TIB’’) stock which are recorded at cost. Ownership of these stocks is restricted to member banks. Purchases and sales of these securities are at par value with the issuer. The fair value of these investments is equal to the carrying amount.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
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, 2024 December 31, 2023 Commitments to extend credit, including unsecured commitments of $ 20,391 19,858 as of June 30, 2024 and December 31, 2023, respectively $ 1,002,071 $ 1,150,142 Stand-by letters of credit, including unsecured commitments of $ 4,585 7,010 as of June 30, 2024 and December 31, 2023, respectively 15,082 16,858 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. The estimated exposure to loss from these commitments is included in the allowance for credit losses for unfunded loan commitments, which amounted $3.7 million at June 30, 2024 and December 31, 2023. 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 October 2028. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Company has commitments to fund investments in LIHTC partnerships and limited liability companies. At June 30, 2024 and December 31, 2023, the balance of the investments in LIHTC was $40.6 million and $36.5 million, respectively. These balances are reflected in the other assets line on the consolidated balance sheets. Total unfunded commitments related to the investments in LIHTC totaled $16.8 million and $15.5 million at June 30, 2024 and December 31, 2023, respectively. These balances are reflected in the other liabilities line on the consolidated balance sheets. The Company expects to fulfill these commitments through 2041. Additionally, during the six months ended June 30, 2024 and the year ended December 31, 2023, the Company recognized tax credits from its investments in LIHTC of $1.3 million and $3.6 million, respectively. 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 FRB primarily based on deposits outstanding. Reserve requirements are offset by the Company’s vault cash and deposit balances maintained with the FRB.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Basis of Presentation and Significant Accounting Policies [Abstract]
Recently Adopted Accounting Standards and Accounting Standards Pending Adoption	Recently Adopted Accounting Standards — The Accounting Standards Codification™ (“ASC”) is the FASB officially recognized source of authoritative GAAP applicable to all public and non-public non-governmental entities. Periodically, the FASB will issue Accounting Standard updates (“ASU”) to its ASC. Rules and interpretive releases of the SEC under the authority of the federal securities laws are also sources of authoritative GAAP for the Company as an SEC registrant. All other accounting literature is non-authoritative. On January 1, 2024, the company adopted the FASB issued guidance within ASU 2022-03, Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. The amendments in this ASU affect all entities that have investments in equity securities measured at fair value that are subject to a contractual sale restriction. These amendments clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The company adopted this standard on January 1, 2024, with no material impact on the Company’s Consolidated Financial Statements. On January 1, 2024, the Company adopted the FASB issued ASU 2023-02, Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method Investments – Equity Method and Joint Ventures: Income Taxes a $40,000 cumulative-effect adjustment to retained earnings under the modified retrospective method. Under the proportional amortization method the amortization of the LIHTC investments, income tax credits and other income tax benefits are now recognized in the income statement as a component of income tax expense (benefit) rather than other non-interest expense. 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 July 2023, the FASB issued ASU 2023-03, Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718) In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Updated and Simplification Initiative In December 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280), Improvements to Reportable Segment Disclosures”. ASU 2023-07 Requires public entities to disclose significant segment expenses, an amount and description for other segment items, the title and position of the entity’s chief operating decision maker (“CODM”) and an explanation of how the CODM uses the reported measures of profit or loss to assess segment performance, and, on an interim basis, certain segment related disclosures that previously were required only on an annual basis. ASU 2023-07 also clarifies that entities with a single reportable segment are subject to both new and existing segment reporting requirements and that an entity is permitted to disclose multiple measures of segment profit or loss, provided that certain criteria are met. ASU 2023-07 requires annual disclosures for fiscal years beginning January 1, 2024 and interim disclosures for fiscal years beginning January 1, 2025. Early adoption is permitted. The Company is required to apply the amendments in this update retrospectively to all prior periods presented in the financial statements. The Company will update its segment related disclosures upon adoption. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.”

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2024
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: Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair As of June 30, 2024 U.S. Government-sponsored securities $ 2,885 $ 12 $ 15 $ 2,882 Mortgage-backed securities (1) 248,293 859 21,289 227,863 Collateralized mortgage obligations (1) 5,712 - 106 5,606 Corporate securities 14,770 15 33 14,752 Other 310 - - 310 Total available-for-sale securities $ 271,970 $ 886 $ 21,443 $ 251,413 (1) and collateralized mortgage obligations Gross Unrealized (Dollars in thousands) Amortized Cost Gains Losses Fair Value As of December 31, 2023 U.S. Government-sponsored securities $ 3,230 $ 12 $ 18 $ 3,224 Mortgage-backed securities (1) 180,543 3,022 19,727 163,838 Collateralized mortgage obligations (1) 548 - 13 535 Corporate securities 14,743 41 179 14,605 Other 310 - - 310 Total available-for-sale securities $ 199,374 $ 3,075 $ 19,937 $ 182,512 (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 unrecognized gains and losses of investments classified as held-to-maturity are as follows: Gross Unrecognized (Dollars in thousands) Amortized Cost Gains Losses Fair Value Allowance for Credit Losses As of June 30, 2024 Mortgage-backed securities (1) $ 646,404 $ - $ 141,259 $ 505,145 $ - Collateralized mortgage obligations (1) 71,182 - 14,306 56,876 - Municipal securities 77,211 48 562 76,697 450 Total held-to-maturity securities $ 794,797 $ 48 $ 156,127 $ 638,718 $ 450 (1) All mortgage-backed securities and collateralized mortgage obligations Gross Unrecognized (Dollars in thousands) Amortized Cost Gains Losses Fair Value Allowance for Credit Losses As of December 31, 2023 Mortgage-backed securities (1) $ 664,728 $ 30 $ 132,043 $ 532,715 $ - Collateralized mortgage obligations (1) 74,170 - 14,017 60,153 - Municipal securities 78,790 107 180 78,717 450 Total held-to-maturity securities $ 817,688 $ 137 $ 146,240 $ 671,585 $ 450 (1) All mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses for Available-for-Sale Securities	The following tables show the gross unrealized losses for available-for-sale securities, for which an allowance for credit losses has not been recorded, that are less than 12 months and 12 months or more: June 30, 2024 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized Losses Available-for-Sale Securities U.S. Government-sponsored securities $ - $ - $ 1,049 $ 15 $ 1,049 $ 15 Mortgage-backed securities (1) 109,045 342 74,864 20,947 183,909 21,289 Collateralized mortgage obligations (1) 5,113 93 493 13 5,606 106 Corporate securities 9,992 33 - - 9,992 33 Total available-for-sale securities $ 124,150 $ 468 $ 76,406 $ 20,975 $ 200,556 $ 21,443 (1) All mortgage-backed securities and collateralized mortgage obligations were issued by an agency or government sponsored entity of the U.S. Government. December 31, 2023 Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Available-for-Sale Securities U.S. Government-sponsored securities $ 33 $ - $ 1,235 $ 18 $ 1,268 $ 18 Mortgage-backed securities (1) 1,629 11 80,746 19,716 82,375 19,727 Collateralized mortgage obligations (1) - - 535 13 535 13 Corporate securities - - 9,853 179 9,853 179 Total available-for-sale securities $ 1,662 $ 11 $ 92,369 $ 19,926 $ 94,031 $ 19,937 (1) All mortgage-backed securities and collateralized mortgage obligations
Activity in Allowance for Credit Losses for Held-to-Maturity Securities by Major Type	The following table presents the activity in the allowance for credit losses for held-to-maturity securities by major type: June 30, 2024 (Dollars in thousands) Municipal securities Mortgage-backed securities Collateralized Mortgage obligations Total Allowance for credit losses - securities Beginning balance $ 450 $ - $ - $ 450 Provision for credit losses - - - - Ending Balance $ 450 $ - $ - $ 450 December 31, 2023 (Dollars in thousands) Municipal securities Mortgage-backed securities Collateralized Mortgage obligations Total Allowance for credit losses - securities Beginning balance $ 393 $ - $ - $ 393 Provision for credit losses 57 - - 57 Ending Balance $ 450 $ - $ - $ 450
Amortized Cost and Estimated Fair Values of Investment Securities by Contractual Final Maturity	The amortized cost and estimated fair values of investment securities at June 30, 2024 by contractual final maturity are shown in the following table: Available-for-Sale Held-to-Maturity ( Doll Amortized Cost Fair Value Amortized Cost Fair Value Securities maturing in: One year or less $ 358 $ 358 $ 2,665 $ 2,660 After one year through five years 19,719 19,541 18,069 17,647 After five years through ten years 5,146 4,978 19,168 17,943 After ten years 246,747 226,536 754,895 600,468 Total $ 271,970 $ 251,413 $ 794,797 $ 638,718
Amortized Cost of Held-to-Maturity Municipal Securities by Credit Rating	The Company monitors the credit quality of those held-to-maturity 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 tables summarizes the amortized cost of held-to-maturity municipal securities by credit rating as of the dates indicated: Held-to-Maturity Amortized Cost (Dollars in thousands) AAA/AA/A BBB/BB/B Not Rated Total June 30, 2024 Municipal securities $ 19,641 $ 399 $ 57,171 $ 77,211 Total $ 19,641 $ 399 $ 57,171 $ 77,211 As of June 30, 2024, there were no past due principal or interest payments associated with these securities. Held-to-Maturity Amortized Cost (Dollars in thousands) AAA/AA/A BBB/BB/B Not Rated Total December 31, 2023 Municipal securities $ 20,203 $ 395 $ 58,192 $ 78,790 Total $ 20,203 $ 395 $ 58,192 $ 78,790
Proceeds from Sales and Calls of Investment 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, 2024 $ - $ - $ - Six months ended June 30, 2023 $ 30,482 $ - $ 5,686

Loans and Leases (Tables)

Loans and Leases (Tables)	6 Months Ended
	Jun. 30, 2024
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, 2024 December 31, 2023 Loans and leases held for investment, net Real estate: Commercial $ 1,363,198 $ 1,323,038 Agricultural 726,128 742,009 Residential and home equity 406,562 399,982 Construction 200,673 212,362 Total real estate 2,696,561 2,677,391 Commercial & industrial 498,844 499,373 Agricultural 312,882 313,737 Commercial leases 178,252 169,684 Consumer and other 5,698 5,212 Total gross loans and leases 3,692,237 3,665,397 Unearned income (9,867 ) (10,708 ) Total net loans and leases 3,682,370 3,654,689 Allowance for credit losses (75,032 ) (74,965 ) Total loans and leases held for investment, net $ 3,607,338 $ 3,579,724
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due	The following tables show an aging analysi s of the loan and lease portfolio, net of unearned income, by the time past due for the periods indicated: June 30, 2024 (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 $ 1,355,714 $ - $ - $ - $ - $ 1,355,714 Agricultural 726,128 - - - - 726,128 Residential and home equity 405,814 748 - - 748 406,562 Construction 200,673 - - - - 200,673 Total real estate 2,688,329 748 - - 748 2,689,077 Commercial & industrial 498,344 500 - - 500 498,844 Agricultural 312,882 - - - - 312,882 Commercial leases 175,695 174 - - 174 175,869 Consumer and other 5,686 12 - - 12 5,698 Total loans and leases, net $ 3,680,936 $ 1,434 $ - $ - $ 1,434 $ 3,682,370 December 31, 2023 (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 $ 1,314,928 $ - $ - $ - $ - $ 1,314,928 Agricultural 742,009 - - - - 742,009 Residential and home equity 399,946 36 - - 36 399,982 Construction 212,362 - - - - 212,362 Total real estate 2,669,245 36 - - 36 2,669,281 Commercial & industrial 499,341 32 - - 32 499,373 Agricultural 313,737 - - - - 313,737 Commercial leases 167,086 - - - - 167,086 Consumer and other 5,209 3 - - 3 5,212 Total loans and leases, net $ 3,654,618 $ 71 $ - $ - $ 71 $ 3,654,689
Credit Quality Indicators for Loans and Leases Held-for-Investment	The following table presents the credit risk rating categories for loans and leases held for investment (accruing and non-accruing) net of deferred fees by loan portfolio segment and class as of the dates indicated. June 30, 2024 (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 $ 1,352,338 $ 3,376 $ - $ - $ 1,355,714 $ 22,608 Agricultural 698,104 27,478 546 - 726,128 16,486 Residential and home equity 405,738 114 710 - 406,562 7,584 Construction 200,673 - - - 200,673 2,165 Total real estate 2,656,853 30,968 1,256 - 2,689,077 48,843 Commercial & industrial 493,400 4,979 465 - 498,844 10,972 Agricultural 312,126 710 46 - 312,882 6,908 Commercial leases 171,099 4,770 - - 175,869 7,597 Consumer and other 5,490 - 208 - 5,698 712 Total loans and leases, net $ 3,638,968 $ 41,427 $ 1,975 $ - $ 3,682,370 $ 75,032 December 31, 2023 (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 $ 1,308,717 $ 6,211 $ - $ - $ 1,314,928 $ 26,093 Agricultural 729,135 12,329 545 - 742,009 7,744 Residential and home equity 399,217 - 765 - 399,982 7,770 Construction 212,362 - - - 212,362 4,432 Total real estate 2,649,431 18,540 1,310 - 2,669,281 46,039 Commercial & industrial 486,439 12,458 476 - 499,373 13,380 Agricultural 310,496 3,236 5 - 313,737 8,872 Commercial leases 167,080 6 - - 167,086 6,537 Consumer and other 5,036 - 176 - 5,212 137 Total loans and leases, net $ 3,618,482 $ 34,240 $ 1,967 $ - $ 3,654,689 $ 74,965 The following table presents outstanding loan and lease balances held for investment net of unearned income by segment and class, credit quality indicators, vintage year by class of financing receivable, and current period gross charge-offs by year of origination as follows: June 30, 2024 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Real estate: Commercial Pass $ 35,410 $ 119,248 $ 167,224 $ 218,406 $ 140,794 $ 314,708 $ 261,582 $ 94,966 $ 1,352,338 Special mention - - 1,274 - - 601 1,470 31 3,376 Substandard - - - - - - - - - Doubtful - - - - - - - - - Total Commercial $ 35,410 $ 119,248 $ 168,498 $ 218,406 $ 140,794 $ 315,309 $ 263,052 $ 94,997 $ 1,355,714 Commercial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Agricultural Pass $ 7,854 $ 36,895 $ 70,359 $ 39,370 $ 49,397 $ 163,571 $ 297,948 $ 32,710 $ 698,104 Special mention - - - - 800 10,565 16,113 - 27,478 Substandard - - - - - 546 - - 546 Doubtful - - - - - - - - - Total Agricultural $ 7,854 $ 36,895 $ 70,359 $ 39,370 $ 50,197 $ 174,682 $ 314,061 $ 32,710 $ 726,128 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential and home equity Pass $ 18,275 $ 40,366 $ 60,423 $ 85,899 $ 76,417 $ 78,090 $ 46,196 $ 72 $ 405,738 Special mention - - - - - 114 - - 114 Substandard - - - - - 710 - - 710 Doubtful - - - - - - - - - Total Residential and home equity $ 18,275 $ 40,366 $ 60,423 $ 85,899 $ 76,417 $ 78,914 $ 46,196 $ 72 $ 406,562 Residential and home equity Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction Pass $ 5,799 $ - $ 1,500 $ - $ - $ 1,576 $ 191,798 $ - $ 200,673 Special mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Total construction $ 5,799 $ - $ 1,500 $ - $ - $ 1,576 $ 191,798 $ - $ 200,673 Construction Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Real estate $ 67,338 $ 196,509 $ 300,780 $ 343,675 $ 267,408 $ 570,481 $ 815,107 $ 127,779 $ 2,689,077 Commercial & industrial Pass $ 16,131 $ 43,309 $ 23,956 $ 19,431 $ 5,506 $ 8,150 $ 349,189 $ 27,728 $ 493,400 Special mention - 2,281 24 19 - - 2,623 32 4,979 Substandard - - - 38 - 427 - - 465 Doubtful - - - - - - - - - Total Commercial & industrial $ 16,131 $ 45,590 $ 23,980 $ 19,488 $ 5,506 $ 8,577 $ 351,812 $ 27,760 $ 498,844 Commercial & industrial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - June 30, 2024 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Agricultural Pass $ 1,212 $ 3,668 $ 3,926 $ 1,967 $ 522 $ 2,650 $ 283,272 $ 14,909 $ 312,126 Special mention - - 48 - - - 619 43 710 Substandard - - - - - 2 44 - 46 Total Agricultural $ 1,212 $ 3,668 $ 3,974 $ 1,967 $ 522 $ 2,652 $ 283,935 $ 14,952 $ 312,882 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial leases Pass $ 19,978 $ 78,190 $ 24,534 $ 9,465 $ 8,634 $ 30,298 $ - $ - $ 171,099 Special mention 583 - 4,187 - - - - - 4,770 Substandard - - - - - - - - - Total Commercial leases $ 20,561 $ 78,190 $ 28,721 $ 9,465 $ 8,634 $ 30,298 $ - $ - $ 175,869 Commercial leases Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer and other Pass $ 684 $ 1,483 $ 728 $ 181 $ 27 $ 1,596 $ 791 $ - $ 5,490 Special mention - - - - - - - - - Substandard 188 - - - - 20 - - 208 Total Consumer and other $ 872 $ 1,483 $ 728 $ 181 $ 27 $ 1,616 $ 791 $ - $ 5,698 Consumer and other Current-period gross charge-offs $ 26 $ - $ - $ - $ - $ - $ - $ - $ 26 Total net loans and leases Pass $ 105,343 $ 323,159 $ 352,650 $ 374,719 $ 281,297 $ 600,639 $ 1,430,776 $ 170,385 $ 3,638,968 Special mention 583 2,281 5,533 19 800 11,280 20,825 106 41,427 Substandard 188 - - 38 - 1,705 44 - 1,975 Total net loans and leases $ 106,114 $ 325,440 $ 358,183 $ 374,776 $ 282,097 $ 613,624 $ 1,451,645 $ 170,491 $ 3,682,370 Total current-period gross charge-offs $ 26 $ - $ - $ - $ - $ - $ - $ - $ 26 December 31, 2023 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Real estate: Commercial Pass $ 121,418 $ 169,171 $ 221,708 $ 143,502 $ 67,505 $ 261,344 $ 249,087 $ 74,982 $ 1,308,717 Special mention - 2,395 - - - 2,216 1,600 - 6,211 Substandard - - - - - - - - - Doubtful - - - - - - - - - Total Commercial $ 121,418 $ 171,566 $ 221,708 $ 143,502 $ 67,505 $ 263,560 $ 250,687 $ 74,982 $ 1,314,928 Commercial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Agricultural Pass $ 37,849 $ 71,367 $ 40,848 $ 50,445 $ 12,008 $ 165,267 $ 328,105 $ 23,246 $ 729,135 Special mention - - - 594 2,020 9,715 - - 12,329 Substandard - - - - - 545 - - 545 Doubtful - - - - - - - - - Total Agricultural $ 37,849 $ 71,367 $ 40,848 $ 51,039 $ 14,028 $ 175,527 $ 328,105 $ 23,246 $ 742,009 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential and home equity Pass $ 41,173 $ 62,505 $ 88,559 $ 78,810 $ 13,299 $ 70,339 $ 44,463 $ 69 $ 399,217 Special mention - - - - - - - - - Substandard - - - - - 765 - - 765 Doubtful - - - - - - - - - Total Residential and home equity $ 41,173 $ 62,505 $ 88,559 $ 78,810 $ 13,299 $ 71,104 $ 44,463 $ 69 $ 399,982 Residential and home equity Current-period gross charge-offs $ - $ - $ - $ - $ - $ 14 $ - $ - $ 14 Construction Pass $ - $ 2,500 $ - $ - $ 1,575 $ - $ 208,287 $ - $ 212,362 Special mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Total construction $ - $ 2,500 $ - $ - $ 1,575 $ - $ 208,287 $ - $ 212,362 Construction Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Real estate $ 200,440 $ 307,938 $ 351,115 $ 273,351 $ 96,407 $ 510,191 $ 831,542 $ 98,297 $ 2,669,281 Commercial & industrial Pass $ 49,162 $ 25,795 $ 21,695 $ 7,193 $ 4,123 $ 6,674 $ 352,502 $ 19,295 $ 486,439 Special mention 2,500 27 4,903 466 - - 4,519 43 12,458 Substandard - - - - - 476 - - 476 Doubtful - - - - - - - - - Total Commercial & industrial $ 51,662 $ 25,822 $ 26,598 $ 7,659 $ 4,123 $ 7,150 $ 357,021 $ 19,338 $ 499,373 Commercial & industrial Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - December 31, 2023 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Revolving Loans Converted to Total Net loans and leases held for investment Agricultural Pass $ 3,013 $ 4,585 $ 2,296 $ 688 $ 1,026 $ 2,116 $ 292,391 $ 4,381 $ 310,496 Special mention - 52 75 - - - 3,109 - 3,236 Substandard - - - - 5 - - - 5 Total Agricultural $ 3,013 $ 4,637 $ 2,371 $ 688 $ 1,031 $ 2,116 $ 295,500 $ 4,381 $ 313,737 Agricultural Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial leases Pass $ 81,287 $ 31,954 $ 10,786 $ 9,514 $ 4,667 $ 28,872 $ - $ - $ 167,080 Special mention - - - - 6 - - - 6 Substandard - - - - - - - - - Total Commercial leases $ 81,287 $ 31,954 $ 10,786 $ 9,514 $ 4,673 $ 28,872 $ - $ - $ 167,086 Commercial leases Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer and other Pass $ 1,650 $ 930 $ 375 $ 48 $ 45 $ 1,400 $ 588 $ - $ 5,036 Special mention - - - - - - - - - Substandard 152 - - - - 24 - - 176 Total Consumer and other $ 1,802 $ 930 $ 375 $ 48 $ 45 $ 1,424 $ 588 $ - $ 5,212 Consumer and other Current-period gross charge-offs $ 41 $ 3 $ - $ - $ - $ 2 $ - $ - $ 46 Total net loans and leases Pass $ 335,552 $ 368,807 $ 386,267 $ 290,200 $ 104,248 $ 536,012 $ 1,475,423 $ 121,973 $ 3,618,482 Special mention 2,500 2,474 4,978 1,060 2,026 11,931 9,228 43 34,240 Substandard 152 - - - 5 1,810 - - 1,967 Total net loans and leases $ 338,204 $ 371,281 $ 391,245 $ 291,260 $ 106,279 $ 549,753 $ 1,484,651 $ 122,016 $ 3,654,689 Total current-period gross charge-offs $ 41 $ 3 $ - $ - $ - $ 16 $ - $ - $ 60
Summary of Changes in Loans to Certain Directors and Executive Officers	A summary of the changes in those loans is as follows: June 30, December 31, (Dollars in thousands) 2024 2023 Balance at beginning of the period $ 17,035 $ 17,521 New loans or advances during year 250 1,706 Repayments (1,626 ) (2,192 ) Balance at end of period $ 15,659 $ 17,035
Amortized Cost of Collateral Dependent Loans by Class	The following tables present the amortized cost basis for collateral dependent loans and leases by type as of June 30, 2024 and December 31, 2023, respectively: June 30, 2024 (Dollars in thousands) Real Estate Vehicles and Equipment Total Collateral dependent loans and leases Real estate: Commercial $ - $ - $ - Agricultural 546 - 546 Residential and home equity 710 - 710 Construction - - - Total real estate 1,256 - 1,256 Commercial & industrial - 427 427 Agricultural - 83 83 Commercial leases - - - Consumer and other - 21 21 Total gross loans and leases $ 1,256 $ 531 $ 1,787 December 31, 2023 (Dollars in thousands) Real Estate Vehicles and Equipment Total Collateral dependent loans and leases Real estate: Commercial $ 1,517 $ - $ 1,517 Agricultural 6,118 - 6,118 Residential and home equity 1,607 - 1,607 Construction - - - Total real estate 9,242 - 9,242 Commercial & industrial - 473 473 Agricultural - 5 5 Commercial leases - - - Consumer and other - 164 164 Total gross loans and leases $ 9,242 $ 642 $ 9,884
Allowance for Credit Losses	The following tables present a summary of the activity in the ACL for loan and lease losses and ACL for unfunded loan commitments for the periods indicated: For the Three Months Ended June 30, 2024 2023 (Dollars in thousands) ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses Balance at beginning of period $ 75,018 $ 3,690 $ 78,708 $ 68,573 $ 2,090 $ 70,663 Provision for/(reversal of) credit losses - - - 2,500 - 2,500 Charge-offs (16 ) - (16 ) (9 ) - (9 ) Recoveries 30 - 30 48 - 48 Net (charge-offs)/recoveries 14 - 14 39 - 39 Balance at end of period $ 75,032 $ 3,690 $ 78,722 $ 71,112 $ 2,090 $ 73,202 For the Six Months Ended June 30, 2024 2023 (Dollars in thousands) ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses ACL for Loans and Leases ACL for Unfunded Commitments Allowance for Credit Losses Balance at beginning of period $ 74,965 $ 3,690 $ 78,655 $ 66,885 $ 2,090 $ 68,975 Provision for/(reversal of) credit losses - - - 4,000 - 4,000 Charge-offs (26 ) - (26 ) (32 ) - (32 ) Recoveries 93 - 93 259 - 259 Net (charge-offs)/recoveries 67 - 67 227 - 227 Balance at end of period $ 75,032 $ 3,690 $ 78,722 $ 71,112 $ 2,090 $ 73,202 Changes in the allowance for credit losses on loans and leases are as follows: For the Three Months Ended June 30, 2024 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 33,791 $ 4,616 $ 7,721 $ 21,851 $ 6,923 $ 116 $ 75,018 Provision for/(reversal of) credit losses 5,303 (2,451 ) (144 ) (3,991 ) 674 609 - Charge-offs - - - - - (16 ) (16 ) Recoveries - - 7 20 - 3 30 Net (charge-offs)/recoveries - - 7 20 - (13 ) 14 Balance at end of period $ 39,094 $ 2,165 $ 7,584 $ 17,880 $ 7,597 $ 712 $ 75,032 For the Three Months Ended June 30, 2023 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 32,694 $ 2,785 $ 7,334 $ 23,888 $ 1,720 $ 152 $ 68,573 Provision for/(reversal of) credit losses 2,001 410 (176 ) 285 (63 ) 43 2,500 Charge-offs - - - - - (9 ) (9 ) Recoveries - - 21 21 - 6 48 Net (charge-offs)/recoveries - - 21 21 - (3 ) 39 Balance at end of period $ 34,695 $ 3,195 $ 7,179 $ 24,194 $ 1,657 $ 192 $ 71,112 For the Six Months Ended June 30, 2024 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 33,837 $ 4,432 $ 7,770 $ 22,252 $ 6,537 $ 137 $ 74,965 Provision for/(reversal of) credit losses 5,257 (2,267 ) (201 ) (4,410 ) 1,060 561 - Charge-offs - - - - - (26 ) (26 ) Recoveries - - 15 38 - 40 93 Net (charge-offs)/recoveries - - 15 38 - 14 67 Balance at end of period $ 39,094 $ 2,165 $ 7,584 $ 17,880 $ 7,597 $ 712 $ 75,032 For the Six Months Ended June 30, 2023 (Dollars in thousands) Commercial & Agricultural Construction Residential & Home Equity Commercial & Agricultural Commercial Leases Consumer Total ACL for loans and leases: Balance at beginning of period $ 32,551 $ 3,026 $ 7,508 $ 21,705 $ 1,924 $ 171 $ 66,885 Provision for/(reversal of) credit losses 1,974 169 (346 ) 2,448 (267 ) 22 4,000 Charge-offs - - (14 ) - - (18 ) (32 ) Recoveries 170 - 31 41 - 17 259 Net (charge-offs)/recoveries 170 - 17 41 - (1 ) 227 Balance at end of period $ 34,695 $ 3,195 $ 7,179 $ 24,194 $ 1,657 $ 192 $ 71,112

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
Summary of Certificates of Deposit	Certificates of deposit greater than and less than or equal to the FDIC insurance limit of $250,000 are summarized as follows: (Dollars in thousands) June 30, 2024 December 31, 2023 Certificates of deposit: Certificates of deposit less than or equal to $250,000 $ 352,761 $ 325,798 Certificates of deposit greater than $250,000 400,733 318,830 Total certificates of deposit $ 753,494 $ 644,628
Maturities for Certificates of Deposit	Scheduled maturities for certificates of deposit are as follows: (Dollars in thousands) Amount 2024 $ 504,263 2025 240,066 2026 6,347 2027 1,741 2028 946 Thereafter 131 Total certificates of deposit $ 753,494

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value [Abstract]
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 2024 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Available-for-sale securities U.S. Government-sponsored securities $ 2,882 $ - $ 2,882 $ - $ 2,882 Mortgage-backed securities 227,863 - 227,863 - 227,863 Collateralized mortgage obligations 5,606 - 5,606 - 5,606 Corporate securities 14,752 - 14,752 - 14,752 Other 310 - 310 - 310 Fair valued on a non-recurring basis: Collateral dependent loans $ 1,787 $ - $ - $ 1,787 $ 1,787 Other real estate owned 873 - - 873 873 December 31, 2023 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Fair valued on a recurring basis: Available-for-sale securities U.S. Government-sponsored securities $ 3,224 $ - $ 3,224 $ - $ 3,224 Mortgage-backed securities 163,838 - 163,838 - 163,838 Collateralized mortgage obligations 535 - 535 - 535 Corporate securities 14,605 - 14,605 - 14,605 Other 310 - 310 - 310 Fair valued on a non-recurring basis: Collateral dependent loans $ 9,884 $ - $ - $ 9,884 $ 9,884 Other real estate owned 873 - - 873 873
Carrying Amount and Estimated Fair Value of Financial Assets and Liabilities	The following tables summarize the carrying amount and estimated fair values of the Company’s financial assets and liabilities not carried at fair value, 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, 2024 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 295,936 $ 295,936 $ - $ - $ 295,936 Held-to-maturity securities 794,347 - 581,547 57,171 638,718 Non-marketable securities, at cost 15,549 - 15,549 - 15,549 Loans and leases, net 3,607,338 - - 3,397,796 3,397,796 Financial Liabilities: Total deposits $ 4,597,055 $ - $ 4,591,397 $ - $ 4,591,397 Subordinated debentures 10,310 - 12,589 - 12,589 December 31, 2023 Fair Value Measurements (Dollars in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Fair Value Financial Assets: Cash and cash equivalents $ 410,642 $ 410,642 $ - $ - $ 410,642 Held-to-maturity securities 817,238 - 613,393 58,192 671,585 Non-marketable securities, at cost 15,549 - 15,549 - 15,549 Loans and leases, net 3,579,724 - - 3,369,255 3,369,255 Financial Liabilities: Total deposits $ 4,668,095 $ - $ 4,662,782 $ - $ 4,662,782 Subordinated debentures 10,310 - 12,763 - 12,763

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2024
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, 2024 December 31, 2023 Commitments to extend credit, including unsecured commitments of $ 20,391 19,858 as of June 30, 2024 and December 31, 2023, respectively $ 1,002,071 $ 1,150,142 Stand-by letters of credit, including unsecured commitments of $ 4,585 7,010 as of June 30, 2024 and December 31, 2023, respectively 15,082 16,858

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies, Recently Adopted Accounting Standards (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Recently Adopted Accounting Standards [Abstract]
Retained earnings	$ 563,383	$ 525,360
ASU 2023-02 [Member] | Cumulative-Effect Adjustment [Member]
Recently Adopted Accounting Standards [Abstract]
Retained earnings		$ 40,000

Investment Securities, Securiti

Investment Securities, Securities Available-for-Sale (Details) - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		$ 271,970	$ 199,374
Gross unrealized gains		886	3,075
Gross unrealized losses		21,443	19,937
Fair value		251,413	182,512
U.S. Government-sponsored Securities [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		2,885	3,230
Gross unrealized gains		12	12
Gross unrealized losses		15	18
Fair value		2,882	3,224
Mortgage-backed Securities [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost	[1]	248,293	180,543
Gross unrealized gains	[1]	859	3,022
Gross unrealized losses	[1]	21,289	19,727
Fair value	[1]	227,863	163,838
Collateralized Mortgage Obligations [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost	[1]	5,712	548
Gross unrealized gains	[1]	0	0
Gross unrealized losses	[1]	106	13
Fair value	[1]	5,606	535
Corporate Securities [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		14,770	14,743
Gross unrealized gains		15	41
Gross unrealized losses		33	179
Fair value		14,752	14,605
Other [Member]
Amortized Cost, Fair Values, and Unrealized Gains and Losses of Securities Available-for-sale [Abstract]
Amortized cost		310	310
Gross unrealized gains		0	0
Gross unrealized losses		0	0
Fair value		$ 310	$ 310
[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, Securi_2

Investment Securities, Securities Held-to-Maturity (Details) - USD ($) $ in Thousands		Jun. 30, 2024		Dec. 31, 2023		Dec. 31, 2022
Book Values, Estimated Fair Values and Unrealized Gains and Losses of Investments Classified as Held-to-maturity [Abstract]
Amortized cost		$ 794,797		$ 817,688
Gross unrecognized gains		48		137
Gross unrecognized losses		156,127		146,240
Fair value		638,718		671,585
Allowance for credit losses		450		450		$ 393
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]	646,404		664,728
Gross unrecognized gains	[1]	0		30
Gross unrecognized losses	[1]	141,259		132,043
Fair value	[1]	505,145		532,715
Allowance for credit losses		0	[1]	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]	71,182		74,170
Gross unrecognized gains	[1]	0		0
Gross unrecognized losses	[1]	14,306		14,017
Fair value	[1]	56,876		60,153
Allowance for credit losses		0	[1]	0	[1]	0
Municipal Securities [Member]
Book Values, Estimated Fair Values and Unrealized Gains and Losses of Investments Classified as Held-to-maturity [Abstract]
Amortized cost		77,211		78,790
Gross unrecognized gains		48		107
Gross unrecognized losses		562		180
Fair value		76,697		78,717
Allowance for credit losses		$ 450		$ 450		$ 393
[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 Un

Investment Securities, Gross Unrealized Losses for Available-for-Sale Securities (Details) - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value		$ 124,150	$ 1,662
12 months or more, fair value		76,406	92,369
Fair value		200,556	94,031
Less than 12 months, unrealized losses		468	11
12 months or more, unrealized losses		20,975	19,926
Unrealized losses		21,443	19,937
U.S. Government-sponsored Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value		0	33
12 months or more, fair value		1,049	1,235
Fair value		1,049	1,268
Less than 12 months, unrealized losses		0	0
12 months or more, unrealized losses		15	18
Unrealized losses		15	18
Mortgage-backed Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value	[1]	109,045	1,629
12 months or more, fair value	[1]	74,864	80,746
Fair value	[1]	183,909	82,375
Less than 12 months, unrealized losses	[1]	342	11
12 months or more, unrealized losses	[1]	20,947	19,716
Unrealized losses	[1]	21,289	19,727
Collateralized Mortgage Obligations [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value	[1]	5,113	0
12 months or more, fair value	[1]	493	535
Fair value	[1]	5,606	535
Less than 12 months, unrealized losses	[1]	93	0
12 months or more, unrealized losses	[1]	13	13
Unrealized losses	[1]	106	13
Corporate Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Positions [Abstract]
Less than 12 months, fair value		9,992	0
12 months or more, fair value		0	9,853
Fair value		9,992	9,853
Less than 12 months, unrealized losses		33	0
12 months or more, unrealized losses		0	179
Unrealized losses		$ 33	$ 179
[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, Securi_3

Investment Securities, Securities in Continuous Unrealized Loss Position (Details)	Jun. 30, 2024 Security
Available-for-Sale Investment Securities in Continuous Unrealized Loss Position [Abstract]
Number of investment available-for-sale securities held	181
Less than 12 months, number of positions	17
12 months or more, number of positions	134

Investment Securities, Activity

Investment Securities, Activity in Allowance for Credit Losses for Held-to-Maturity Securities by Major Type (Details) - USD ($) $ in Thousands		6 Months Ended		12 Months Ended
		Jun. 30, 2024		Dec. 31, 2023
Activity in Allowance for Credit Losses for held-to-maturity Securities by Major Type [Abstract]
Beginning balance		$ 450		$ 393
Provision for credit losses		0		57
Ending balance		450		450
Municipal Securities [Member]
Activity in Allowance for Credit Losses for held-to-maturity Securities by Major Type [Abstract]
Beginning balance		450		393
Provision for credit losses		0		57
Ending balance		450		450
Mortgage-backed Securities [Member]
Activity in Allowance for Credit Losses for held-to-maturity Securities by Major Type [Abstract]
Beginning balance		0	[1]	0
Provision for credit losses		0		0
Ending balance	[1]	0		0
Collateralized Mortgage Obligations [Member]
Activity in Allowance for Credit Losses for held-to-maturity Securities by Major Type [Abstract]
Beginning balance		0	[1]	0
Provision for credit losses		0		0
Ending balance	[1]	$ 0		$ 0
[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, Contract

Investment Securities, Contractual Maturity (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Amortized Cost [Abstract]
One year or less	$ 358
After one year through five years	19,719
After five years through ten years	5,146
After ten years	246,747
Total	271,970
Fair Value [Abstract]
One year or less	358
After one year through five years	19,541
After five years through ten years	4,978
After ten years	226,536
Total	251,413
Amortized Cost [Abstract]
One year or less	2,665
After one year through five years	18,069
After five years through ten years	19,168
After ten years	754,895
Total	794,797
Fair Value [Abstract]
One year or less	2,660
After one year through five years	17,647
After five years through ten years	17,943
After ten years	600,468
Total	$ 638,718

Investment Securities, Municipa

Investment Securities, Municipal Securities by Credit Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024
Held-to-Maturity [Abstract]
Amortized cost	$ 77,211	$ 78,790
AAA/AA/A Rating [Member]
Held-to-Maturity [Abstract]
Amortized cost	19,641	20,203
BBB/BB/B Rating [Member]
Held-to-Maturity [Abstract]
Amortized cost	399	395
Not Rated [Member]
Held-to-Maturity [Abstract]
Amortized cost	57,171	58,192
Municipal Securities [Member]
Held-to-Maturity [Abstract]
Amortized cost	77,211	78,790
Past due principal or interest payments of securities	0
Municipal Securities [Member] | AAA/AA/A Rating [Member]
Held-to-Maturity [Abstract]
Amortized cost	19,641	20,203
Municipal Securities [Member] | BBB/BB/B Rating [Member]
Held-to-Maturity [Abstract]
Amortized cost	399	395
Municipal Securities [Member] | Not Rated [Member]
Held-to-Maturity [Abstract]
Amortized cost	$ 57,171	$ 58,192

Investment Securities, Proceeds

Investment Securities, Proceeds from Sales and Calls of Investment Securities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Proceeds from Sales and Calls of Investment Securities [Abstract]
Gross proceeds	$ 0	$ 30,482
Gross gains	0	0
Gross losses	$ 0	$ 5,686

Investment Securities, Pledged

Investment Securities, Pledged Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Pledged Securities [Abstract]
Carrying amount of securities	$ 1,045,760	$ 999,750
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	$ 741,600	$ 794,100

Loans and Leases, Components of

Loans and Leases, Components of Loans and Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Loan & Lease Portfolio [Abstract]
Gross loans and leases	$ 3,692,237		$ 3,665,397
Unearned income	(9,867)		(10,708)
Total net loans and leases	3,682,370		3,654,689
Allowance for credit losses	(75,032)	$ (75,018)	(74,965)	$ (71,112)	$ (68,573)	$ (66,885)
Loans and leases held for investment, net	3,607,338		3,579,724
Remaining borrowing capacity	2,100,000		2,200,000
Federal Home Loan Bank [Member]
Loan & Lease Portfolio [Abstract]
Collateral amount	1,300,000
Remaining borrowing capacity	810,200
Federal Reserve Bank [Member]
Loan & Lease Portfolio [Abstract]
Collateral amount	1,500,000
Remaining borrowing capacity	1,200,000
Real Estate [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	2,696,561		2,677,391
Total net loans and leases	2,689,077		2,669,281
Allowance for credit losses	(48,843)		(46,039)
Commercial [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	1,363,198		1,323,038
Total net loans and leases	1,355,714		1,314,928
Allowance for credit losses	(22,608)		(26,093)
Agricultural [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	726,128		742,009
Total net loans and leases	726,128		742,009
Allowance for credit losses	(16,486)		(7,744)
Residential and Home Equity [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	406,562		399,982
Total net loans and leases	406,562		399,982
Allowance for credit losses	(7,584)	(7,721)	(7,770)	(7,179)	(7,334)	(7,508)
Construction [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	200,673		212,362
Total net loans and leases	200,673		212,362
Allowance for credit losses	(2,165)	(4,616)	(4,432)	(3,195)	(2,785)	(3,026)
Commercial & Industrial [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	498,844		499,373
Total net loans and leases	498,844		499,373
Allowance for credit losses	(10,972)		(13,380)
Agricultural [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	312,882		313,737
Total net loans and leases	312,882		313,737
Allowance for credit losses	(6,908)		(8,872)
Commercial Leases [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	178,252		169,684
Total net loans and leases	175,869		167,086
Allowance for credit losses	(7,597)	(6,923)	(6,537)	(1,657)	(1,720)	(1,924)
Consumer and Other [Member]
Loan & Lease Portfolio [Abstract]
Gross loans and leases	5,698		5,212
Total net loans and leases	5,698		5,212
Allowance for credit losses	$ (712)	$ (116)	$ (137)	$ (192)	$ (152)	$ (171)

Loans and Leases, Aging Analysi

Loans and Leases, Aging Analysis of Loan and Lease Portfolio Including Unearned Income (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	$ 0	$ 0
Nonaccrual	0	0
Loans and leases, net	3,682,370	3,654,689
Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	1,434	71
30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	1,434	71
Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	3,680,936	3,654,618
Real Estate [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	2,689,077	2,669,281
Real Estate [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	748	36
Real Estate [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	748	36
Real Estate [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	2,688,329	2,669,245
Commercial [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	1,355,714	1,314,928
Commercial [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Commercial [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Commercial [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	1,355,714	1,314,928
Agricultural [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	726,128	742,009
Agricultural [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Agricultural [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Agricultural [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	726,128	742,009
Residential and Home Equity [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	406,562	399,982
Residential and Home Equity [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	748	36
Residential and Home Equity [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	748	36
Residential and Home Equity [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	405,814	399,946
Construction [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	200,673	212,362
Construction [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Construction [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Construction [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	200,673	212,362
Commercial & Industrial [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	498,844	499,373
Commercial & Industrial [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	500	32
Commercial & Industrial [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	500	32
Commercial & Industrial [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	498,344	499,341
Agricultural [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	312,882	313,737
Agricultural [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Agricultural [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	0	0
Agricultural [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	312,882	313,737
Commercial Leases [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	175,869	167,086
Commercial Leases [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	174	0
Commercial Leases [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	174	0
Commercial Leases [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	175,695	167,086
Consumer and Other [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
90+ Days Past Due	0	0
Nonaccrual	0	0
Loans and leases, net	5,698	5,212
Consumer and Other [Member] | Total Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	12	3
Consumer and Other [Member] | 30-89 Days Past Due [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	12	3
Consumer and Other [Member] | Current [Member]
Aging Analysis of Loan and Lease Portfolio, Net of Unearned Income by Time Past Due [Abstract]
Loans and leases, net	$ 5,686	$ 5,209

Loans and Leases, Non-accrual L

Loans and Leases, Non-accrual Loans (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($) Contract
Non-accrual Loans and Leases [Abstract]
Loans that were modified within last 12 months that had payment default	$ 0
Residential [Member]
Non-accrual Loans and Leases [Abstract]
Number of loans modified | Contract		1
Amount of loans modified		$ 127
Contractual interest rate of modified loans		1%
Contractual term		120 months

Loans and Leases, Credit Risk R

Loans and Leases, Credit Risk Rating Categories for Loans and Leases Held-for-Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	$ 3,682,370		$ 3,654,689
Allowance for credit losses	75,032	$ 75,018	74,965	$ 71,112	$ 68,573	$ 66,885
Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	3,638,968		3,618,482
Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	41,427		34,240
Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	1,975		1,967
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	2,689,077		2,669,281
Allowance for credit losses	48,843		46,039
Real Estate [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	2,656,853		2,649,431
Real Estate [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	30,968		18,540
Real Estate [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	1,256		1,310
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	1,355,714		1,314,928
Allowance for credit losses	22,608		26,093
Commercial [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	1,352,338		1,308,717
Commercial [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	3,376		6,211
Commercial [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0		0
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	726,128		742,009
Allowance for credit losses	16,486		7,744
Agricultural [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	698,104		729,135
Agricultural [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	27,478		12,329
Agricultural [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	546		545
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	406,562		399,982
Allowance for credit losses	7,584	7,721	7,770	7,179	7,334	7,508
Residential and Home Equity [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	405,738		399,217
Residential and Home Equity [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	114		0
Residential and Home Equity [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	710		765
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	200,673		212,362
Allowance for credit losses	2,165	4,616	4,432	3,195	2,785	3,026
Construction [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	200,673		212,362
Construction [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	0		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 & Industrial [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	498,844		499,373
Allowance for credit losses	10,972		13,380
Commercial & Industrial [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	493,400		486,439
Commercial & Industrial [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	4,979		12,458
Commercial & Industrial [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	465		476
Commercial & 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	312,882		313,737
Allowance for credit losses	6,908		8,872
Agricultural [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	312,126		310,496
Agricultural [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	710		3,236
Agricultural [Member] | Substandard [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	46		5
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	175,869		167,086
Allowance for credit losses	7,597	6,923	6,537	1,657	1,720	1,924
Commercial Leases [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	171,099		167,080
Commercial Leases [Member] | Special Mention [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	4,770		6
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	5,698		5,212
Allowance for credit losses	712	$ 116	137	$ 192	$ 152	$ 171
Consumer and Other [Member] | Pass [Member]
Loan & Lease Portfolio Allocated by Management's Internal Risk Ratings [Abstract]
Gross loans and leases	5,490		5,036
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	208		176
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 L

Loans and Leases, Outstanding Loan and Lease Balances Held-for-Investment by Segment and Class, Credit Quality Indicators, Vintage Year by Class of Financing Receivable and Current Period Gross Charge-Offs by Year of Origination (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	$ 106,114		$ 106,114		$ 338,204
2023/2022	325,440		325,440		371,281
2022/2021	358,183		358,183		391,245
2021/2020	374,776		374,776		291,260
2020/2019	282,097		282,097		106,279
Prior	613,624		613,624		549,753
Revolving loans amortized cost	1,451,645		1,451,645		1,484,651
Revolving loans converted to term	170,491		170,491		122,016
Total net loans and leases	3,682,370		3,682,370		3,654,689
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			26		41
2023/2022			0		3
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		16
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total	16	$ 9	26	$ 32	60
Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	105,343		105,343		335,552
2023/2022	323,159		323,159		368,807
2022/2021	352,650		352,650		386,267
2021/2020	374,719		374,719		290,200
2020/2019	281,297		281,297		104,248
Prior	600,639		600,639		536,012
Revolving loans amortized cost	1,430,776		1,430,776		1,475,423
Revolving loans converted to term	170,385		170,385		121,973
Total net loans and leases	3,638,968		3,638,968		3,618,482
Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	583		583		2,500
2023/2022	2,281		2,281		2,474
2022/2021	5,533		5,533		4,978
2021/2020	19		19		1,060
2020/2019	800		800		2,026
Prior	11,280		11,280		11,931
Revolving loans amortized cost	20,825		20,825		9,228
Revolving loans converted to term	106		106		43
Total net loans and leases	41,427		41,427		34,240
Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	188		188		152
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	38		38		0
2020/2019	0		0		5
Prior	1,705		1,705		1,810
Revolving loans amortized cost	44		44		0
Revolving loans converted to term	0		0		0
Total net loans and leases	1,975		1,975		1,967
Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	0		0		0
Real Estate [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	67,338		67,338		200,440
2023/2022	196,509		196,509		307,938
2022/2021	300,780		300,780		351,115
2021/2020	343,675		343,675		273,351
2020/2019	267,408		267,408		96,407
Prior	570,481		570,481		510,191
Revolving loans amortized cost	815,107		815,107		831,542
Revolving loans converted to term	127,779		127,779		98,297
Total net loans and leases	2,689,077		2,689,077		2,669,281
Real Estate [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	2,656,853		2,656,853		2,649,431
Real Estate [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	30,968		30,968		18,540
Real Estate [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	1,256		1,256		1,310
Real Estate [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	0		0		0
Commercial [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	35,410		35,410		121,418
2023/2022	119,248		119,248		171,566
2022/2021	168,498		168,498		221,708
2021/2020	218,406		218,406		143,502
2020/2019	140,794		140,794		67,505
Prior	315,309		315,309		263,560
Revolving loans amortized cost	263,052		263,052		250,687
Revolving loans converted to term	94,997		94,997		74,982
Total net loans and leases	1,355,714		1,355,714		1,314,928
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			0		0
2023/2022			0		0
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		0
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total			0		0
Commercial [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	35,410		35,410		121,418
2023/2022	119,248		119,248		169,171
2022/2021	167,224		167,224		221,708
2021/2020	218,406		218,406		143,502
2020/2019	140,794		140,794		67,505
Prior	314,708		314,708		261,344
Revolving loans amortized cost	261,582		261,582		249,087
Revolving loans converted to term	94,966		94,966		74,982
Total net loans and leases	1,352,338		1,352,338		1,308,717
Commercial [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		2,395
2022/2021	1,274		1,274		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	601		601		2,216
Revolving loans amortized cost	1,470		1,470		1,600
Revolving loans converted to term	31		31		0
Total net loans and leases	3,376		3,376		6,211
Commercial [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Commercial [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Agricultural [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	7,854		7,854		37,849
2023/2022	36,895		36,895		71,367
2022/2021	70,359		70,359		40,848
2021/2020	39,370		39,370		51,039
2020/2019	50,197		50,197		14,028
Prior	174,682		174,682		175,527
Revolving loans amortized cost	314,061		314,061		328,105
Revolving loans converted to term	32,710		32,710		23,246
Total net loans and leases	726,128		726,128		742,009
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			0		0
2023/2022			0		0
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		0
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total			0		0
Agricultural [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	7,854		7,854		37,849
2023/2022	36,895		36,895		71,367
2022/2021	70,359		70,359		40,848
2021/2020	39,370		39,370		50,445
2020/2019	49,397		49,397		12,008
Prior	163,571		163,571		165,267
Revolving loans amortized cost	297,948		297,948		328,105
Revolving loans converted to term	32,710		32,710		23,246
Total net loans and leases	698,104		698,104		729,135
Agricultural [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		594
2020/2019	800		800		2,020
Prior	10,565		10,565		9,715
Revolving loans amortized cost	16,113		16,113		0
Revolving loans converted to term	0		0		0
Total net loans and leases	27,478		27,478		12,329
Agricultural [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	546		546		545
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	546		546		545
Agricultural [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Residential and Home Equity [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	18,275		18,275		41,173
2023/2022	40,366		40,366		62,505
2022/2021	60,423		60,423		88,559
2021/2020	85,899		85,899		78,810
2020/2019	76,417		76,417		13,299
Prior	78,914		78,914		71,104
Revolving loans amortized cost	46,196		46,196		44,463
Revolving loans converted to term	72		72		69
Total net loans and leases	406,562		406,562		399,982
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			0		0
2023/2022			0		0
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		14
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total	0	0	0	14	14
Residential and Home Equity [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	18,275		18,275		41,173
2023/2022	40,366		40,366		62,505
2022/2021	60,423		60,423		88,559
2021/2020	85,899		85,899		78,810
2020/2019	76,417		76,417		13,299
Prior	78,090		78,090		70,339
Revolving loans amortized cost	46,196		46,196		44,463
Revolving loans converted to term	72		72		69
Total net loans and leases	405,738		405,738		399,217
Residential and Home Equity [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	114		114		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	114		114		0
Residential and Home Equity [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	710		710		765
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	710		710		765
Residential and Home Equity [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Construction [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	5,799		5,799		0
2023/2022	0		0		2,500
2022/2021	1,500		1,500		0
2021/2020	0		0		0
2020/2019	0		0		1,575
Prior	1,576		1,576		0
Revolving loans amortized cost	191,798		191,798		208,287
Revolving loans converted to term	0		0		0
Total net loans and leases	200,673		200,673		212,362
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			0		0
2023/2022			0		0
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		0
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total	0	0	0	0	0
Construction [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	5,799		5,799		0
2023/2022	0		0		2,500
2022/2021	1,500		1,500		0
2021/2020	0		0		0
2020/2019	0		0		1,575
Prior	1,576		1,576		0
Revolving loans amortized cost	191,798		191,798		208,287
Revolving loans converted to term	0		0		0
Total net loans and leases	200,673		200,673		212,362
Construction [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Construction [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Construction [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Commercial & Industrial [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	16,131		16,131		51,662
2023/2022	45,590		45,590		25,822
2022/2021	23,980		23,980		26,598
2021/2020	19,488		19,488		7,659
2020/2019	5,506		5,506		4,123
Prior	8,577		8,577		7,150
Revolving loans amortized cost	351,812		351,812		357,021
Revolving loans converted to term	27,760		27,760		19,338
Total net loans and leases	498,844		498,844		499,373
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			0		0
2023/2022			0		0
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		0
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total			0		0
Commercial & Industrial [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	16,131		16,131		49,162
2023/2022	43,309		43,309		25,795
2022/2021	23,956		23,956		21,695
2021/2020	19,431		19,431		7,193
2020/2019	5,506		5,506		4,123
Prior	8,150		8,150		6,674
Revolving loans amortized cost	349,189		349,189		352,502
Revolving loans converted to term	27,728		27,728		19,295
Total net loans and leases	493,400		493,400		486,439
Commercial & Industrial [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		2,500
2023/2022	2,281		2,281		27
2022/2021	24		24		4,903
2021/2020	19		19		466
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	2,623		2,623		4,519
Revolving loans converted to term	32		32		43
Total net loans and leases	4,979		4,979		12,458
Commercial & Industrial [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	38		38		0
2020/2019	0		0		0
Prior	427		427		476
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	465		465		476
Commercial & Industrial [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Agricultural [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	1,212		1,212		3,013
2023/2022	3,668		3,668		4,637
2022/2021	3,974		3,974		2,371
2021/2020	1,967		1,967		688
2020/2019	522		522		1,031
Prior	2,652		2,652		2,116
Revolving loans amortized cost	283,935		283,935		295,500
Revolving loans converted to term	14,952		14,952		4,381
Total net loans and leases	312,882		312,882		313,737
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			0		0
2023/2022			0		0
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		0
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total			0		0
Agricultural [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	1,212		1,212		3,013
2023/2022	3,668		3,668		4,585
2022/2021	3,926		3,926		2,296
2021/2020	1,967		1,967		688
2020/2019	522		522		1,026
Prior	2,650		2,650		2,116
Revolving loans amortized cost	283,272		283,272		292,391
Revolving loans converted to term	14,909		14,909		4,381
Total net loans and leases	312,126		312,126		310,496
Agricultural [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		52
2022/2021	48		48		75
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	619		619		3,109
Revolving loans converted to term	43		43		0
Total net loans and leases	710		710		3,236
Agricultural [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		5
Prior	2		2		0
Revolving loans amortized cost	44		44		0
Revolving loans converted to term	0		0		0
Total net loans and leases	46		46		5
Agricultural [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	0		0		0
Commercial Leases [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	20,561		20,561		81,287
2023/2022	78,190		78,190		31,954
2022/2021	28,721		28,721		10,786
2021/2020	9,465		9,465		9,514
2020/2019	8,634		8,634		4,673
Prior	30,298		30,298		28,872
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	175,869		175,869		167,086
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			0		0
2023/2022			0		0
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		0
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total	0	0	0	0	0
Commercial Leases [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	19,978		19,978		81,287
2023/2022	78,190		78,190		31,954
2022/2021	24,534		24,534		10,786
2021/2020	9,465		9,465		9,514
2020/2019	8,634		8,634		4,667
Prior	30,298		30,298		28,872
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	171,099		171,099		167,080
Commercial Leases [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	583		583		0
2023/2022	0		0		0
2022/2021	4,187		4,187		0
2021/2020	0		0		0
2020/2019	0		0		6
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	4,770		4,770		6
Commercial Leases [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Commercial Leases [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	0		0		0
Consumer and Other [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	872		872		1,802
2023/2022	1,483		1,483		930
2022/2021	728		728		375
2021/2020	181		181		48
2020/2019	27		27		45
Prior	1,616		1,616		1,424
Revolving loans amortized cost	791		791		588
Revolving loans converted to term	0		0		0
Total net loans and leases	5,698		5,698		5,212
Financing Receivable, Current Period Gross Charge-offs [Abstract]
2024/2023			26		41
2023/2022			0		3
2022/2021			0		0
2021/2020			0		0
2020/2019			0		0
Prior			0		2
Revolving loans amortized cost			0		0
Revolving loans converted to term			0		0
Total	16	$ 9	26	$ 18	46
Consumer and Other [Member] | Pass [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	684		684		1,650
2023/2022	1,483		1,483		930
2022/2021	728		728		375
2021/2020	181		181		48
2020/2019	27		27		45
Prior	1,596		1,596		1,400
Revolving loans amortized cost	791		791		588
Revolving loans converted to term	0		0		0
Total net loans and leases	5,490		5,490		5,036
Consumer and Other [Member] | Special Mention [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	0		0		0
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	0		0		0
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	0		0		0
Consumer and Other [Member] | Substandard [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
2024/2023	188		188		152
2023/2022	0		0		0
2022/2021	0		0		0
2021/2020	0		0		0
2020/2019	0		0		0
Prior	20		20		24
Revolving loans amortized cost	0		0		0
Revolving loans converted to term	0		0		0
Total net loans and leases	208		208		176
Consumer and Other [Member] | Doubtful [Member]
Outstanding Loan Balances by Credit Quality Indicators and Vintage Year [Abstract]
Total net loans and leases	$ 0		$ 0		$ 0

Loans and Leases, Summary of Ch

Loans and Leases, Summary of Changes in Loans to Certain Directors and Executive Officers (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Summary of Changes in Loans to Certain Directors and Executive Officers [Roll Forward]
Balance at beginning of the period	$ 17,035	$ 17,521
New loans or advances during year	250	1,706
Repayments	(1,626)	(2,192)
Balance at end of period	$ 15,659	$ 17,035

Loans and Leases, Collateral De

Loans and Leases, Collateral Dependent Loans and Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	$ 1,787	$ 9,884
Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	1,256	9,242
Vehicles and Equipment [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	531	642
Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	1,256	9,242
Real Estate [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	1,256	9,242
Real Estate [Member] | Vehicles and Equipment [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	1,517
Commercial [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	1,517
Commercial [Member] | Vehicles and Equipment [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	546	6,118
Agricultural [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	546	6,118
Agricultural [Member] | Vehicles and Equipment [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	710	1,607
Residential and Home Equity [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	710	1,607
Residential and Home Equity [Member] | Vehicles and Equipment [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 and Equipment [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial & Industrial [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	427	473
Commercial & Industrial [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Commercial & Industrial [Member] | Vehicles and Equipment [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	427	473
Agricultural [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	83	5
Agricultural [Member] | Real Estate [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	0	0
Agricultural [Member] | Vehicles and Equipment [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	83	5
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 and Equipment [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	21	164
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 and Equipment [Member]
Loans and Leases [Abstract]
Collateral dependent loans and leases, amortized cost	$ 21	$ 164

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		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
ACL for Loans and Leases [Roll Forward]
Balance at beginning of period	$ 75,018	$ 68,573	$ 74,965	$ 66,885	$ 66,885
Provision for/(reversal of) credit losses	0	2,500	0	4,000
Charge-offs	(16)	(9)	(26)	(32)	(60)
Recoveries	30	48	93	259
Net (charge-offs)/recoveries	14	39	67	227
Balance at end of period	75,032	71,112	75,032	71,112	74,965
ACL for Unfunded Commitments [Roll Forward]
Balance at beginning of period	3,690	2,090	3,690	2,090	2,090
Provision for/(reversal of) credit losses	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs)/recoveries	0	0	0	0
Balance at end of period	3,690	2,090	3,690	2,090	3,690
Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	78,708	70,663	78,655	68,975	68,975
Provision for/(reversal of) credit losses	0	2,500	0	4,000
Charge-offs	(16)	(9)	(26)	(32)
Recoveries	30	48	93	259
Net (charge-offs)/recoveries	14	39	67	227
Balance at end of period	78,722	73,202	78,722	73,202	78,655
Commercial & Agricultural R/E [Member]
ACL for Loans and Leases [Roll Forward]
Balance at beginning of period	33,791	32,694	33,837	32,551	32,551
Provision for/(reversal of) credit losses	5,303	2,001	5,257	1,974
Charge-offs	0	0	0	0
Recoveries	0	0	0	170
Net (charge-offs)/recoveries	0	0	0	170
Balance at end of period	39,094	34,695	39,094	34,695	33,837
Construction [Member]
ACL for Loans and Leases [Roll Forward]
Balance at beginning of period	4,616	2,785	4,432	3,026	3,026
Provision for/(reversal of) credit losses	(2,451)	410	(2,267)	169
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs)/recoveries	0	0	0	0
Balance at end of period	2,165	3,195	2,165	3,195	4,432
Residential & Home Equity [Member]
ACL for Loans and Leases [Roll Forward]
Balance at beginning of period	7,721	7,334	7,770	7,508	7,508
Provision for/(reversal of) credit losses	(144)	(176)	(201)	(346)
Charge-offs	0	0	0	(14)	(14)
Recoveries	7	21	15	31
Net (charge-offs)/recoveries	7	21	15	17
Balance at end of period	7,584	7,179	7,584	7,179	7,770
Commercial & Agricultural [Member]
ACL for Loans and Leases [Roll Forward]
Balance at beginning of period	21,851	23,888	22,252	21,705	21,705
Provision for/(reversal of) credit losses	(3,991)	285	(4,410)	2,448
Charge-offs	0	0	0	0
Recoveries	20	21	38	41
Net (charge-offs)/recoveries	20	21	38	41
Balance at end of period	17,880	24,194	17,880	24,194	22,252
Commercial Leases [Member]
ACL for Loans and Leases [Roll Forward]
Balance at beginning of period	6,923	1,720	6,537	1,924	1,924
Provision for/(reversal of) credit losses	674	(63)	1,060	(267)
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs)/recoveries	0	0	0	0
Balance at end of period	7,597	1,657	7,597	1,657	6,537
Consumer and Other [Member]
ACL for Loans and Leases [Roll Forward]
Balance at beginning of period	116	152	137	171	171
Provision for/(reversal of) credit losses	609	43	561	22
Charge-offs	(16)	(9)	(26)	(18)	(46)
Recoveries	3	6	40	17
Net (charge-offs)/recoveries	(13)	(3)	14	(1)
Balance at end of period	$ 712	$ 192	$ 712	$ 192	$ 137

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Certificates of deposit [Abstract]
Certificates of deposit less than or equal to $250,000	$ 352,761	$ 325,798
Certificates of deposit greater than $250,000	400,733	318,830
Total certificates of deposit	753,494	644,628
Maturities for Certificates of Deposit [Abstract]
2024	504,263
2025	240,066
2026	6,347
2027	1,741
2028	946
Thereafter	131
Total certificates of deposit	$ 753,494	$ 644,628

Short-term Borrowings (Details)

Short-term Borrowings (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Short-term Borrowings Disclosure [Abstract]
Remaining borrowing capacity	$ 2,100,000	$ 2,200,000
Average federal funds interest rate	5.50%
Loans held for investment	$ 3,607,338	3,579,724
Federal Reserve Bank [Member]
Short-term Borrowings Disclosure [Abstract]
Remaining borrowing capacity	1,200,000
Collateral amount	1,500,000
Outstanding advances	0	$ 0
Asset Pledged as Collateral [Member] | Federal Reserve Bank [Member]
Short-term Borrowings Disclosure [Abstract]
Loans held for investment	1,500,000
FHLB of San Francisco [Member]
Short-term Borrowings Disclosure [Abstract]
Maximum borrowing capacity	811,800
Collateral amount	$ 1,000,000
Interest rate	5.63%

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Executive Retirement Plan, Life Insurance Arrangements and Senior Management Retention Plan [Abstract]
Net gains (loss) on deferred compensation plan investments	$ 414	$ 1,302	$ 1,572	$ 2,198
Executive Officers [Member]
Executive Retirement Plan, Life Insurance Arrangements and Senior Management Retention Plan [Abstract]
Employer contribution			4,500	4,500
Carrying value of liability	$ 58,800		$ 58,800		$ 57,500
Common stock held as investments in Rabbi Trust of ERP (in shares)	49,447		49,447		49,276
Common stock held as investments in Rabbi Trust of ERP, historical cost basis amount	$ 31,800		$ 31,800		$ 31,600
Net gains (loss) on deferred compensation plan investments			1,300	1,800
Senior Level Employees [Member] | Senior Management Retention Plan [Member]
Executive Retirement Plan, Life Insurance Arrangements and Senior Management Retention Plan [Abstract]
Employer contribution			2,300	2,100
Carrying value of liability	$ 19,000		$ 19,000		$ 16,900
Common stock held as investments in Rabbi Trust of ERP (in shares)	19,663		19,663		17,806
Common stock held as investments in Rabbi Trust of ERP, historical cost basis amount	$ 14,700		$ 14,700		$ 12,800
Net gains (loss) on deferred compensation plan investments			$ 200	$ 400

Fair Value, Assets Measured at

Fair Value, Assets Measured at Fair Value on a Recurring and Non-recurring Basis (Details) - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		$ 251,413	$ 182,512
Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities	[1]	227,863	163,838
Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		14,752	14,605
Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		310	310
Recurring [Member] | Carrying Amount [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		2,882	3,224
Recurring [Member] | Carrying Amount [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		227,863	163,838
Recurring [Member] | Carrying Amount [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		5,606	535
Recurring [Member] | Carrying Amount [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		14,752	14,605
Recurring [Member] | Carrying Amount [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		310	310
Recurring [Member] | Fair Value [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		2,882	3,224
Recurring [Member] | Fair Value [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		227,863	163,838
Recurring [Member] | Fair Value [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		5,606	535
Recurring [Member] | Fair Value [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		14,752	14,605
Recurring [Member] | Fair Value [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		310	310
Recurring [Member] | Fair Value [Member] | Level 1 [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 1 [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 1 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 1 [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 1 [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 2 [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		2,882	3,224
Recurring [Member] | Fair Value [Member] | Level 2 [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		227,863	163,838
Recurring [Member] | Fair Value [Member] | Level 2 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		5,606	535
Recurring [Member] | Fair Value [Member] | Level 2 [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		14,752	14,605
Recurring [Member] | Fair Value [Member] | Level 2 [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		310	310
Recurring [Member] | Fair Value [Member] | Level 3 [Member] | U.S. Government-Sponsored Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 3 [Member] | Mortgage-Backed Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 3 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 3 [Member] | Corporate Securities [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Recurring [Member] | Fair Value [Member] | Level 3 [Member] | Other [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Available-for-sale securities		0	0
Nonrecurring [Member] | Carrying Amount [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Collateral dependent loans		1,787	9,884
Other real estate owned		873	873
Nonrecurring [Member] | Fair Value [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Collateral dependent loans		1,787	9,884
Other real estate owned		873	873
Nonrecurring [Member] | Fair Value [Member] | Level 1 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Collateral dependent loans		0	0
Other real estate owned		0	0
Nonrecurring [Member] | Fair Value [Member] | Level 2 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Collateral dependent loans		0	0
Other real estate owned		0	0
Nonrecurring [Member] | Fair Value [Member] | Level 3 [Member]
Fair Value on Recurring and Non-recurring Basis by Fair Value Hierarchy [Abstract]
Collateral dependent loans		1,787	9,884
Other real estate owned		$ 873	$ 873
[1]All mortgage-backed securities and collateralized mortgage obligations were issued by an agency or government sponsored entity of the U.S. Government.

Fair Value, Carrying Amount and

Fair Value, Carrying Amount and Estimated Fair Value of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financial Assets [Abstract]
Non-marketable securities, at cost	$ 15,549	$ 15,549
Recurring [Member] | Carrying Amount [Member]
Financial Assets [Abstract]
Cash and cash equivalents	295,936	410,642
Held-to-maturity securities	794,347	817,238
Non-marketable securities, at cost	15,549	15,549
Loans and leases, net	3,607,338	3,579,724
Financial Liabilities [Abstract]
Total deposits	4,597,055	4,668,095
Subordinated debentures	10,310	10,310
Recurring [Member] | Fair Value [Member]
Financial Assets [Abstract]
Cash and cash equivalents	295,936	410,642
Held-to-maturity securities	638,718	671,585
Non-marketable securities, at cost	15,549	15,549
Loans and leases, net	3,397,796	3,369,255
Financial Liabilities [Abstract]
Total deposits	4,591,397	4,662,782
Subordinated debentures	12,589	12,763
Recurring [Member] | Fair Value [Member] | Level 1 [Member]
Financial Assets [Abstract]
Cash and cash equivalents	295,936	410,642
Held-to-maturity securities	0	0
Non-marketable securities, at cost	0	0
Loans and leases, net	0	0
Financial Liabilities [Abstract]
Total deposits	0	0
Subordinated debentures	0	0
Recurring [Member] | Fair Value [Member] | Level 2 [Member]
Financial Assets [Abstract]
Cash and cash equivalents	0	0
Held-to-maturity securities	581,547	613,393
Non-marketable securities, at cost	15,549	15,549
Loans and leases, net	0	0
Financial Liabilities [Abstract]
Total deposits	4,591,397	4,662,782
Subordinated debentures	12,589	12,763
Recurring [Member] | Fair Value [Member] | Level 3 [Member]
Financial Assets [Abstract]
Cash and cash equivalents	0	0
Held-to-maturity securities	57,171	58,192
Non-marketable securities, at cost	0	0
Loans and leases, net	3,397,796	3,369,255
Financial Liabilities [Abstract]
Total deposits	0	0
Subordinated debentures	$ 0	$ 0

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Off Balance Sheet Commitments [Abstract]
Allowance for credit losses	$ 75,032	$ 74,965	$ 75,018	$ 71,112	$ 68,573	$ 66,885
Balance of the investments in LIHTC	40,600	36,500
Total unfunded commitments related to the investments in LIHTC	16,800	15,500
Tax credits from investments in LIHTC	$ 1,300	3,600
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
Unfunded Loan Commitment [Member]
Off Balance Sheet Commitments [Abstract]
Allowance for credit losses	$ 3,700	3,700
Commitments to Extend Credit [Member]
Off Balance Sheet Commitments [Abstract]
Off-balance sheet risks, amount, liability	1,002,071	1,150,142
Unsecured commitments	20,391	19,858
Stand-by Letters of Credit [Member]
Off Balance Sheet Commitments [Abstract]
Off-balance sheet risks, amount, liability	15,082	16,858
Unsecured commitments	$ 4,585	$ 7,010