Farmers & Merchants Bancorp (FMAO) 10-Q 26 Jul 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 22, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Trading Symbol	FMAO
Entity Registrant Name	FARMERS & MERCHANTS BANCORP, INC.
Entity Central Index Key	0000792966
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		13,065,825
Entity File Number	001-38084
Entity Tax Identification Number	34-1469491
Entity Address, Address Line One	307 North Defiance Street
Entity Address, City or Town	Archbold
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	43502
City Area Code	419
Local Phone Number	446-2501
Entity Incorporation, State or Country Code	OH
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, No Par Value
Security Exchange Name	NASDAQ

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 69,955	$ 135,485
Federal funds sold	1,484	45,338
Total cash and cash equivalents	71,439	180,823
Interest-bearing time deposits	6,684	10,913
Securities - available-for-sale	399,687	429,931
Other securities, at cost	8,735	8,162
Loans held for sale	4,230	7,714
Loans, net	2,016,394	1,841,177
Premises and equipment	26,492	26,913
Goodwill	80,434	80,434
Mortgage servicing rights	3,426	3,157
Other real estate owned		159
Bank owned life insurance	27,874	27,558
Other assets	29,321	21,359
Total Assets	2,674,716	2,638,300
Deposits
Noninterest-bearing	503,395	473,689
Interest-bearing
NOW accounts	678,552	650,466
Savings	617,850	597,828
Time	424,249	471,479
Total deposits	2,224,046	2,193,462
Federal funds purchased and securities sold under agreements to repurchase	71,944	29,268
Federal Home Loan Bank (FHLB) advances	42,635	24,065
Other borrowings		40,000
Subordinated notes, net of unamortized issuance costs	34,528	34,471
Dividend payable	2,626	2,461
Accrued expenses and other liabilities	18,064	17,406
Total liabilities	2,393,843	2,341,133
Commitments and Contingencies
Stockholders' Equity
Common stock - No par value 20,000,000 shares authorized; issued and outstanding 14,063,999 shares 6/30/22 and 12/31/21	123,145	122,674
Treasury stock - 998,174 shares 6/30/22, 997,766 shares 12/31/21	(11,822)	(11,724)
Retained earnings	200,811	189,401
Accumulated other comprehensive loss	(31,261)	(3,184)
Total stockholders' equity	280,873	297,167
Total Liabilities and Stockholders' Equity	$ 2,674,716	$ 2,638,300

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Statement Of Financial Position [Abstract]
Common stock, no par value
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	14,063,999	14,063,999
Common stock, shares outstanding	14,063,999	14,063,999
Treasury Stock, shares	998,174	997,766

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest Income
Loans, including fees	$ 22,388	$ 16,259	$ 42,843	$ 31,871
Debt securities:
U.S. Treasury and government agencies	1,035	857	2,058	1,608
Municipalities	322	289	622	597
Dividends	57	31	99	81
Federal funds sold	9	6	19	11
Other	100	88	169	127
Total interest income	23,911	17,530	45,810	34,295
Interest Expense
Deposits	1,379	1,276	2,739	2,616
Federal funds purchased and securities sold under agreements to repurchase	166	163	318	329
Borrowed funds	218	115	553	337
Subordinated notes	284		553
Total interest expense	2,047	1,554	4,163	3,282
Net Interest Income - Before Provision for Loan Losses	21,864	15,976	41,647	31,013
Provision for Loan Losses	1,628	641	2,208	2,341
Net Interest Income After Provision for Loan Losses	20,236	15,335	39,439	28,672
Noninterest Income
Net gain on sale of loans	164	955	861	2,001
Net gain on sale of available-for-sale securities				293
Total noninterest income	3,320	4,027	7,663	9,018
Noninterest Expense
Salaries and wages	5,366	4,591	10,868	8,981
Employee benefits	1,546	1,915	3,600	3,909
Net occupancy expense	522	546	1,120	1,123
Furniture and equipment	1,008	848	2,064	1,639
Data processing	654	428	1,258	933
Franchise taxes	757	294	1,175	740
ATM expense	544	459	1,076	908
Advertising	300	331	537	566
Net (gain) loss on sale of other assets owned	(266)	227	(271)	202
FDIC assessment	270	276	384	512
Mortgage servicing rights amortization	59	524	85	1,029
Consulting fees	233	394	411	617
Other general and administrative	2,242	2,227	4,421	4,260
Total noninterest expense	13,235	13,060	26,728	25,419
Income Before Income Taxes	10,321	6,302	20,374	12,271
Income Taxes	2,050	1,319	4,001	2,379
Net Income	$ 8,271	$ 4,983	$ 16,373	$ 9,892
Basic Earnings Per Share	$ 0.63	$ 0.44	$ 1.25	$ 0.88
Diluted Earnings Per Share	0.63	0.44	1.25	0.88
Dividends Declared	$ 0.2025	$ 0.1700	$ 0.3925	$ 0.3400
Customer Service Fees [Member]
Noninterest Income
Noninterest income	$ 2,148	$ 2,198	$ 4,796	$ 5,012
Other Service Charges and Fees [Member]
Noninterest Income
Noninterest income	$ 1,008	$ 874	$ 2,006	$ 1,712

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement Of Income And Comprehensive Income [Abstract]
Net Income	$ 8,271	$ 4,983	$ 16,373	$ 9,892
Other Comprehensive Income (Loss) (Net of Tax):
Net unrealized gain (loss) on available-for-sale securities	(14,602)	786	(35,541)	(5,951)
Reclassification adjustment for realized gain on sale of available-for-sale securities				(293)
Net unrealized gain (loss) on available-for-sale securities	(14,602)	786	(35,541)	(6,244)
Tax expense (benefit)	(3,067)	165	(7,464)	(1,311)
Other comprehensive income (loss)	(11,535)	621	(28,077)	(4,933)
Comprehensive Income (Loss)	$ (3,264)	$ 5,604	$ (11,704)	$ 4,959

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes to Stockholder's Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning balance at Dec. 31, 2020	$ 249,160	$ 81,804	$ (11,932)	$ 173,591	$ 5,697
Beginning balance, shares at Dec. 31, 2020		11,197,544
Net income	4,909			4,909
Other comprehensive income (loss)	(5,554)				(5,554)
Purchase of treasury stock	(23)		(23)
Purchase of treasury stock, shares		(950)
Issuance of share of restricted stock and forfeiture of share of restricted stock		$ 1	(7)	6
Issuance of share of restricted stock and forfeiture of share of restricted stock, shares		150
Stock-based compensation expense	225	$ 225
Cash dividends declared	(1,889)			(1,889)
Ending balance at Mar. 31, 2021	246,828	$ 82,030	(11,962)	176,617	143
Ending balance, shares at Mar. 31, 2021		11,196,744
Beginning balance at Dec. 31, 2020	249,160	$ 81,804	(11,932)	173,591	5,697
Beginning balance, shares at Dec. 31, 2020		11,197,544
Net income	9,892
Ending balance at Jun. 30, 2021	250,585	$ 82,259	(12,172)	179,734	764
Ending balance, shares at Jun. 30, 2021		11,189,052
Beginning balance at Mar. 31, 2021	246,828	$ 82,030	(11,962)	176,617	143
Beginning balance, shares at Mar. 31, 2021		11,196,744
Net income	4,983			4,983
Other comprehensive income (loss)	621				621
Purchase of treasury stock	(201)		(201)
Purchase of treasury stock, shares		(8,929)
Issuance of share of restricted stock and forfeiture of share of restricted stock		$ 58	(47)	(11)
Issuance of share of restricted stock and forfeiture of share of restricted stock, shares		(1,975)
Stock-based compensation expense	171	$ 171
Director stock award	71		38	33
Director stock awards, shares		3,212
Cash dividends declared	(1,888)			(1,888)
Ending balance at Jun. 30, 2021	250,585	$ 82,259	(12,172)	179,734	764
Ending balance, shares at Jun. 30, 2021		11,189,052
Beginning balance at Dec. 31, 2021	297,167	$ 122,674	(11,724)	189,401	(3,184)
Beginning balance, shares at Dec. 31, 2021		13,066,233
Net income	8,102			8,102
Other comprehensive income (loss)	(16,542)				(16,542)
Issuance of share of restricted stock and forfeiture of share of restricted stock		$ (1)	(15)	16
Issuance of share of restricted stock and forfeiture of share of restricted stock, shares		(150)
Stock-based compensation expense	213	$ 213
Cash dividends declared	(2,462)			(2,462)
Ending balance at Mar. 31, 2022	286,478	$ 122,886	(11,739)	195,057	(19,726)
Ending balance, shares at Mar. 31, 2022		13,066,083
Beginning balance at Dec. 31, 2021	297,167	$ 122,674	(11,724)	189,401	(3,184)
Beginning balance, shares at Dec. 31, 2021		13,066,233
Net income	16,373
Ending balance at Jun. 30, 2022	280,873	$ 123,145	(11,822)	200,811	(31,261)
Ending balance, shares at Jun. 30, 2022		13,065,825
Beginning balance at Mar. 31, 2022	286,478	$ 122,886	(11,739)	195,057	(19,726)
Beginning balance, shares at Mar. 31, 2022		13,066,083
Net income	8,271			8,271
Other comprehensive income (loss)	(11,535)				(11,535)
Purchase of treasury stock	(54)		(54)
Purchase of treasury stock, shares		(1,388)
Issuance of share of restricted stock and forfeiture of share of restricted stock		$ 40	(63)	23
Issuance of share of restricted stock and forfeiture of share of restricted stock, shares		(1,750)
Stock-based compensation expense	219	$ 219
Director stock award	120		34	86
Director stock awards, shares		2,880
Cash dividends declared	(2,626)			(2,626)
Ending balance at Jun. 30, 2022	$ 280,873	$ 123,145	$ (11,822)	$ 200,811	$ (31,261)
Ending balance, shares at Jun. 30, 2022		13,065,825

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes to Stockholder's Equity (Parenthetical) (Unaudited) - $ / shares	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Cash dividends declared, per share	$ 0.2025	$ 0.19	$ 0.1700	$ 0.17
Common Stock [Member]
Issuance of shares of restricted stock, Shares		500		750
Issuance of shares of restricted stock, forfeitures	1,750	650	1,975	600

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Cash Flows from Operating Activities
Net income			$ 16,373	$ 9,892
Adjustments to reconcile net income to net cash from operating activities:
Depreciation			1,418	1,360
Amortization of premiums on available-for-sale securities, net			1,108	1,044
Servicing rights amortization and impairment	$ 59	$ 524	85	1,029
Amortization of core deposit intangible			398	303
Amortization of customer list intangible			61	61
Net amortization (accretion) of fair value adjustments			(2,070)	3
Amortization of subordinated note issuance costs			57
Stock-based compensation expense			432	396
Director stock award			120	71
Provision for loan loss	1,628	641	2,208	2,341	$ 3,444
Gain on sale of loans held for sale	(164)	(955)	(861)	(2,001)
Originations of loans held for sale			(47,063)	(65,018)
Proceeds from sale of loans held for sale			51,408	66,718
(Gain) Loss on sale of other assets owned	(266)	227	(271)	202
Gain on sales of securities available-for-sale				(293)
Increase in cash surrender value of bank owned life insurance			(316)	(296)
Change in other assets and other liabilities, net			(652)	(2,779)
Net cash provided by operating activities			22,435	13,033
Activity in available-for-sale securities:
Maturities, prepayments and calls			19,479	30,084
Sales				9,291
Purchases			(25,884)	(115,815)
Activity in other securities, at cost:
Purchases			(573)	(199)
Change in interest-bearing time deposits			4,229	6,282
Proceeds from sale of other assets owned			430	147
Additions to premises and equipment			(984)	(976)
Loan originations and principal collections, net			(176,649)	(104,021)
Net cash used in investing activities			(179,952)	(174,979)
Cash Flows from Financing Activities
Net change in deposits			31,823	141,875
Net change in federal funds purchased and securities sold under agreements to repurchase			42,676	(357)
Proceeds from FHLB advances			20,000
Repayment of FHLB advances			(1,388)	(157)
Repayment of other borrowings			(40,000)
Purchase of treasury stock			(54)	(224)
Cash dividends paid on common stock			(4,924)	(3,778)
Net cash provided by financing activities			48,133	137,359
Net Decrease in Cash and Cash Equivalents			(109,384)	(24,587)
Cash and Cash Equivalents - Beginning of year			180,823	175,706	175,706
Cash and Cash Equivalents - End of period	$ 71,439	$ 151,119	71,439	151,119	$ 180,823
Supplemental cash flow information:
Interest paid			5,647	3,085
Income taxes paid			3,060	3,520
Supplemental noncash disclosures:
Transfer of loans to other real estate owned				209
Cash dividends declared not paid			$ 2,626	1,888
Ossian Financial Services, Inc. [Member]
Activity in other securities, at cost:
Acquisition of Ossian Financial Services, Inc., net of cash received				228
Supplemental noncash disclosures:
Fair value of assets acquired				137,058
Cash paid for the capital stock				20,001
Liabilities assumed				$ 117,057

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) $ in Thousands	Apr. 30, 2021 USD ($)
Ossian Financial Services, Inc. [Member]
Purchase of assets	$ 20,001

Basis of Presentation and Other

Basis of Presentation and Other	6 Months Ended
	Jun. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation and Other	NOTE 1 BASIS OF PRESENTATION AND OTHER The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10Q and Rule 10-01 of Regulation S-X; accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation have been included. Operating results for the six months ended June 30, 2022 are not necessarily indicative of the results that are expected for the year ended December 31, 2022. The condensed consolidated balance sheet of the Company as of December 31, 2021, has been derived from the audited consolidated balance sheet of the Company as of that date. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021. The Company recognizes revenues as they are earned based on contractual terms, as transactions occur, or as services are provided and collectability is reasonably assured. The Company’s principal source of revenue is interest income from loans and investment securities. The Company also earns noninterest income from various banking and financial services offered primarily through Farmers & Merchants State Bank. Interest income is primarily recognized on an accrual basis according to nondiscretionary formulas written in contracts, such as loan agreements or investment security contracts. The Company also earns noninterest income from various banking and financial services provided to business and consumer clients such as deposit account, debit card, and mortgage banking services. Revenue is recorded for noninterest income based on the contractual terms for the service or transaction performed.

Business Combination and Asset

Business Combination and Asset Purchase	6 Months Ended
	Jun. 30, 2022
Business Combinations [Abstract]
Business Combination and Asset Purchase	NOTE 2 BUSINESS COMBINATION AND ASSET PURCHASE On October 1, 2021, the Company acquired Perpetual Federal Savings Bank, (PFSB), a community bank with one full-service office in Urbana, Ohio. Shareholders of PFSB elected to receive either 1.7766 shares of FMAO stock or $41.20 per share in cash for each PFSB share owned, subject to adjustment based upon 1,833,999 shares of FMAO to be issued in the merger. PFSB had 2,470,032 shares outstanding on October 1, 2021. The share price of Farmers & Merchants Bancorp, Inc. (FMAO) stock on October 1, 2021 was $22.40. Total consideration for the acquisition was approximately $100.3 million consisting of $59.2 million in cash and $41.1 million in stock. As a result of the acquisition, the Company has had an opportunity to increase its deposit base and reduce transaction costs. The Company has reduced costs through economies of scale. Under the acquisition method of accounting, the total purchase was allocated to net tangible and intangible assets based on their current estimated fair values on the date of acquisition. Of the total purchase price of $ 100.3 million, $ 668 thousand has been allocated to core deposit intangible included in other assets and is being amortized over seven years on a straight line basis. Goodwill of $ 25.2 million, resulting from the acquisition consists largely of the synergies and economies of scale expected from combining the operations of the Company and Perpetual Federal Savings Bank. Of that total amount, none of the purchase price is deductible for tax purposes. The following table summarizes the consideration paid for Perpetual Federal Savings Bank and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. Fair Value of Consideration Transferred (In Thousands) Cash $ 59,234 Common Shares 41,078 Total $ 100,312 Recognized amounts of identifiable assets acquired and liabilities assumed Assets Cash and cash equivalents $ 44,975 Federal funds sold 1,672 Interest-bearing time deposits 6,250 Other securities, at cost 2,794 Loans, net 334,661 Premises and equipment 615 Goodwill 25,220 Other assets 3,975 Total Assets Purchased $ 420,162 Liabilities Deposits Noninterest bearing $ 2,018 Interest bearing 309,090 Total deposits 311,108 Federal Home Loan Bank (FHLB) advances 6,218 Accrued expenses and other liabilities 2,524 Total Liabilities Assumed $ 319,850 The fair value of the assets acquired includes loans with a fair value of $334.7 million. The gross principal and contractual interest due under the contracts is $403.3 million, of which $5.6 million is expected to be uncollectible. The loans have a weighted average life of 52 months. The fair value of building and land included in premises and equipment was written down by $4 thousand with $297 thousand attributable to the buildings and is being amortized over the useful life of 16.2 years. The fair value for certificates of deposit incorporates a valuation amount of $3.9 million which is being accreted over 1.6 years. The fair value of Federal Home Loan Bank (FHLB) advances included a valuation amount of $218 thousand which is being accreted over 2.6 years. The Company acquired loans in the acquisition that had evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. Loans purchased with evidence of credit deterioration since origination and for which it was probable that all contractually required payments would not be collected were considered to be credit impaired. Evidence of credit quality deterioration as of the purchase date included information such as past-due and nonaccrual status, borrower credit scores and recent loan to value percentages. Purchased credit-impaired loans were accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality (ASC 310-30) and initially measured at fair value, which included estimated future credit losses expected to be incurred over the life of the loan. Accordingly, an allowance for credit losses related to these loans was not carried over and recorded at the acquisition date. Management estimated the cash flows expected to be collected at acquisition using our internal risk models, which incorporated the estimate of current key assumptions, such as default rates, severity and prepayment speeds. The carrying amount of those loans is included in loans, net on the balance sheet at June 30, 2022. The amounts of loans at October 1, 2021, December 31, 2021 and June 30, 2022 are as follows: (In Thousands) Balance - October 1, 2021 Consumer Real Estate $ 608 Agricultural Real Estate 118 Commercial Real Estate 234 Commercial & Industrial 5 Carrying amount, net of fair value adjustment of $237 $ 728 Balance - December 31, 2021 Consumer Real Estate $ 581 Agricultural Real Estate 114 Commercial Real Estate 5 Commercial & Industrial - Carrying amount, net of fair value adjustment of $190 $ 510 Balance - June 30, 2022 Consumer Real Estate $ 349 Agricultural Real Estate 109 Commercial Real Estate - Commercial & Industrial - Carrying amount, net of fair value adjustment of $142 $ 316 Loans acquired during 2021 for which it was probable at acquisition that all contractually required payments would not be collected are as follows: (In Thousands) Contractually required payments receivable at acquisition Consumer Real Estate $ 962 Agricultural Real Estate 146 Commercial Real Estate 293 Commercial & Industrial 6 Total required payments receivable $ 1,407 Cash flows expected to be collected at acquisition $ 728 Basis in acquired loans at acquisition $ 965 During the second quarter 2022, two consumer real estate purchased credit impaired loans were paid off with the associated discount of $36 thousand included in the loan interest income in the Company’s consolidated statement of income for the three and six months ended June 30, 2022. One consumer real estate purchased credit impaired loan was paid off during the first quarter 2022 with the associated discount of $12 thousand included in the loan interest income in the Company’s consolidated statement of income for the six months ended June 30, 2022. During the fourth quarter 2021, two commercial real estate and one consumer purchased credit impaired loans were paid off in full. The associated discount originally recognized at acquisition of $47 thousand was included in the loan interest income in the Company’s consolidated statement of income for the year ended December 31, 2021. The balance of the fair value adjustment for loans acquired and accounted for under this guidance (ASC 310-30) was $142 thousand at March 31, 2022, $190 thousand at December 31, 2021 and $237 thousand at October 1, 2021. Changes in accretable yield, or income expected to be collected, are as follows: Three Months Ended June 30, 2022 Three Months Ended June 30, 2021 Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (In Thousands) (In Thousands) (In Thousands) (In Thousands) Beginning Balance $ 5,004 $ - $ 5,262 $ - Additions 33 - 97 - Accretion (327 ) - (649 ) - Reclassification from nonaccretable difference - - - - Disposals - - - - Ending Balance $ 4,710 $ - $ 4,710 $ - On April 30, 2021, the Company acquired Ossian Financial Services, Inc., (OSFI), the bank holding company for Ossian State Bank, a community bank based in Ossian, Indiana. Ossian State Bank operated two full-service offices in the northeast Indiana communities of Ossian and Bluffton. Shareholders of OSFI received $67.71 in cash for each share. OSFI had 295,388 shares outstanding on April 30, 2021. Total consideration for the acquisition was approximately $20.0 million in cash. As a result of the acquisition, the Company has increased its deposit base and is working to reduce transaction costs. The Company has reduced costs through economies of scale. Under the acquisition method of accounting, the total purchase was allocated to net tangible and intangible assets based on their current estimated fair values on the date of acquisition. Of the total purchase price of $ 20.0 million, $ 980.2 thousand has been allocated to core deposit intangible included in other assets and will be amortized over seven years on a straight line basis. Goodwill of $ 7.9 million which resulted from the acquisition consists largely of the synergies and economies of scale expected from combining the operations of the Company and Ossian State Bank and is deductible for tax purposes over 15 years . The following table summarizes the consideration paid for Ossian State Bank and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. Fair Value of Consideration Transferred (In Thousands) Cash $ 20,001 Total $ 20,001 Recognized amounts of identifiable assets acquired and liabilities assumed Assets Cash and cash equivalents $ 20,229 Interest-bearing time deposits 20,226 Securities - available-for-sale 30,243 Other securities, at cost 281 Loans, net 52,403 Premises and equipment 494 Goodwill 7,874 Other assets 5,308 Total Assets Purchased $ 137,058 Liabilities Deposits Noninterest bearing $ 34,509 Interest bearing 81,535 Total deposits 116,044 Accrued expenses and other liabilities 1,013 Total Liabilities Assumed $ 117,057 The fair value of the assets acquired includes loans with a fair value of $52.4 million. The gross principal and contractual interest due under the contracts is $63.7 million, of which $1.1 million is expected to be uncollectible. The loans have a weighted average life of 52 months. The fair value of building and land included in premises and equipment was written down by $596 thousand with $244 thousand attributable to buildings and will be accreted over the useful life of 39 years, The fair value for certificates of deposit incorporates a valuation amount of $59 thousand which will be accreted over 1.4 years. Certain transferred loans evidenced deterioration of credit quality since origination and management deemed it probable, at acquisition, that all contractually required payments would not be collected. Loans purchased with evidence of credit deterioration since origination and for which it is probable that all contractually required payments will not be collected are considered to be credit impaired. Evidence of credit quality deterioration as of the purchase date may include information such as past-due and nonaccrual status, borrower credit scores and recent loan to value percentages. Purchased credit-impaired loans are accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality (ASC 310-30) and initially measured at fair value, which includes estimated future credit losses expected to be incurred over the life of the loan. Accordingly, an allowance for credit losses related to these loans is not carried over and recorded at the acquisition date. Management estimated the cash flows expected to be collected at acquisition using our internal risk models, which incorporate the estimate of current key assumptions, such as default rates, severity and prepayment speeds. The carrying amount of those loans is included in loans, net on the balance sheet at June 30, 2022. The amounts of loans at April 30, 2021, December 31, 2021 and June 30, 2022 are as follows: (In Thousands) Balance - April 30, 2021 Consumer Real Estate $ 24 Agricultural Real Estate 981 Commercial Real Estate 315 Commercial & Industrial 314 Carrying amount, net of fair value adjustment of $325 $ 1,309 Balance - December 31, 2021 Consumer Real Estate $ 22 Agricultural Real Estate - Commercial Real Estate 222 Commercial & Industrial 285 Carrying amount, net of fair value adjustment of $321 $ 208 Balance - June 30, 2022 Consumer Real Estate $ 20 Agricultural Real Estate - Commercial Real Estate 90 Commercial & Industrial 65 Carrying amount, net of fair value adjustment of $83 $ 92 Loans acquired during 2021 for which it was probable at acquisition that all contractually required payments would not be collected are as follows: (In Thousands) Contractually required payments receivable at acquisition Consumer Real Estate $ 28 Agricultural Real Estate 1,142 Commercial Real Estate 527 Commercial & Industrial 360 Total required payments receivable $ 2,057 Cash flows expected to be collected at acquisition $ 1,309 Basis in acquired loans at acquisition $ 1,634 Changes in accretable yield, or income expected to be collected, are as follows: Three Months Ended June 30, 2022 Three Months Ended June 30, 2021 Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (In Thousands) (In Thousands) (In Thousands) (In Thousands) Beginning Balance $ 601 $ - $ 645 $ - Additions - 762 - 762 Accretion (44 ) (29 ) (88 ) (29 ) Reclassification from nonaccretable difference - - - - Disposals - - - - Ending Balance $ 557 $ 733 $ 557 $ 733 The results of operations of Ossian State Bank and Perpetual Federal Savings Bank have been included in the Company’s consolidated financial statements since the acquisition dates of April 30, 2021 and October 1, 2021, respectively. The following schedule includes pro-forma results for the three and six months ended June 30, 2022 and 2021 as if the Ossian State Bank and Perpetual Federal Savings Bank acquisitions had occurred as of the beginning of the comparable prior reporting period. (in thousands of dollars, except per share data) (in thousands of dollars, except per share data) Three Months Ended Six Months Ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Summary of Operations Net Interest Income - Before Provision for Loan Losses $ 21,864 $ 19,645 $ 41,647 $ 38,895 Provision for Loan Losses 1,628 641 2,208 2,342 Net Interest Income After Provision for Loan Losses 20,236 19,004 39,439 36,553 Noninterest Income 3,319 4,141 7,662 9,367 Noninterest Expense 13,234 13,214 26,727 27,269 Income Before Income Taxes 10,321 9,931 20,374 18,651 Income Taxes 2,050 2,046 4,001 3,668 Net Income $ 8,271 $ 7,885 $ 16,373 $ 14,983 Basic and Diluted Earnings Per Share $ 0.63 $ 0.61 $ 1.25 $ 1.15 The pro-forma information includes adjustments for interest income on loans, amortization of intangibles arising from the transactions, interest expense on deposits acquired, premises expense for the branches acquired and the related income tax effects. The pro-forma information for the quarter and six months ended June 30, 2022 includes approximately $2.5 million and $4.6 million, respectively, net of tax, of operating revenue from Ossian State Bank and Perpetual Federal Savings Bank since January 1, 2022. The pro-forma financial information is presented for informational purposes only and is not indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time, nor is it intended to be a projection of future results. On January 1, 2019, the Company acquired Limberlost Bancshares, Inc. (“Limberlost”), the bank holding company for Bank of Geneva, a community bank based in Geneva, Indiana. Bank of Geneva operated six full-service offices in the northeast Indiana communities of Geneva, Berne, Decatur, Monroe, Portland and Monroeville. Shareholders of Limberlost received 1,830 shares of FMAO common stock and $8,465.00 in cash for each share. Limberlost had 1,000 shares outstanding on January 1, 2019. The share price of Farmers & Merchants Bancorp, Inc. (FMAO) stock on January 1, 2019 was $38.49. Total consideration for the acquisition was approximately $78.9 million consisting of $8.5 million in cash and $70.4 million in stock. As a result of the acquisition, the Company has had an opportunity to increase its deposit base and reduce transaction costs. The Company has also reduced costs through economies of scale. Under the acquisition method of accounting, the total purchase was allocated to net tangible and intangible assets based on their current estimated fair values on the date of acquisition. Of the total purchase price of $78.9 million, $3.9 million has been allocated to core deposit intangible included in other assets and is being amortized over seven years on a straight line basis. Goodwill of $43.3 million resulting from the acquisition consists largely of the synergies and economies of scale expected from combining the operations of the Company and Bank of Geneva. Of that total amount, none of the purchase price is deductible for tax purposes. Changes in accretable yield, or income expected to be collected, for the three and six months ended are as follows: Three Months Ended June 30, 2022 Three Months Ended June 30, 2021 Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (In Thousands) (In Thousands) (In Thousands) (In Thousands) Beginning Balance $ 1,097 $ 1,542 $ 1,198 $ 1,653 Additions 3 4 8 5 Accretion (106 ) (107 ) (212 ) (215 ) Reclassification from nonaccretable difference - - - - Disposals - - - (4 ) Ending Balance $ 994 $ 1,439 $ 994 $ 1,439 As mentioned previously, the acquisition of Bank of Geneva resulted in the recognition of $3.9 million in core deposit intangible assets, the acquisition of Ossian State Bank resulted in the recognition of $980.2 thousand in core deposits assets and the acquisition of Perpetual Federal Savings Bank resulted in the recognition of $668 thousand in core deposits which are all being amortized over its remaining economic useful life of 7 years on a straight line basis. Core deposit intangible is included in other assets on the consolidated balance sheets. The amortization expense of the core deposit intangible for the six months ended June 30, 2021 was $303 thousand. Of the $795 thousand to be expensed in 2022, $398 thousand has been expensed for the six months ended June 30, 2022. Annual amortization of core deposit intangible assets is as follows: (In Thousands) Geneva Ossian Perpetual Total 2022 $ 560 $ 140 $ 95 $ 795 2023 560 140 95 795 2024 560 140 95 795 2025 560 140 95 795 2026 - 140 95 235 Thereafter - 187 169 356 $ 2,240 $ 887 $ 644 3,771 On November 16, 2020, FM Investment Services, a division of the Bank, purchased the assets and clients of Adams County Financial Resources (ACFR), a full-service registered investment advisory firm located in Geneva, Indiana. ACFR was founded in 1994 by R. Lee Flueckiger and provides clients and their families with financial confidence through personalized investment planning and services. As of November 30, 2020, ACFR had approximately $83 million of assets under management and over 450 clients. Total consideration for the purchase was $825 thousand which consisted of 40,049 shares of stock. Under the acquisition method of accounting, the total purchase is allocated to net tangible and intangible assets based on their current estimated fair values on the date of acquisition. Of the total purchase price of $825 thousand, $800 thousand has been allocated to customer list intangible, included in other assets, to be amortized over 6.5 years on a straight line basis. The amortization expense of the customer list intangible for the six months ended June 30, 2021 was $61 thousand. Of the $123 thousand to be expensed in 2022, $61 thousand has been expensed for the six months ended June 30, 2022. Annual amortization expense of customer list intangible is as follows: (In Thousands) Adams County Financial Resources 2022 $ 123 2023 123 2024 123 2025 123 2026 123 Thereafter 47 $ 662

Securities

Securities	6 Months Ended
	Jun. 30, 2022
Investments Debt And Equity Securities [Abstract]
Securities	NOTE 3 SECURITIES Mortgage-backed securities, as shown in the following tables, are all government sponsored enterprises. The amortized cost and fair value of securities, with gross unrealized gains and losses at June 30, 2022 and December 31, 2021, are as follows: (In Thousands) June 30, 2022 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value Available-for-Sale: U.S. Treasury $ 105,435 $ - $ (8,335 ) $ 97,100 U.S. Government agencies 155,489 - (13,977 ) 141,512 Mortgage-backed securities 105,994 - (12,013 ) 93,981 State and local governments 72,341 83 (5,330 ) 67,094 Total available-for-sale securities $ 439,259 $ 83 $ (39,655 ) $ 399,687 (In Thousands) December 31, 2021 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value Available-for-Sale: U.S. Treasury $ 90,775 $ - $ (1,598 ) $ 89,177 U.S. Government agencies 159,673 695 (3,482 ) 156,886 Mortgage-backed securities 118,550 839 (1,462 ) 117,927 State and local governments 64,964 1,498 (521 ) 65,941 Total available-for-sale securities $ 433,962 $ 3,032 $ (7,063 ) $ 429,931 Investment securities will at times depreciate to an unrealized loss position. The Company utilizes the following criteria to assess whether impairment is other than temporary. No one item by itself will necessarily signal that a security should be recognized as an other than temporary impairment. 1. The fair value of the security has significantly declined from book value. 2. A downgrade has occurred that lowered the credit rating to below investment grade (below Baa3 by Moody and BBB – by Standard and Poors.) 3. Dividends have been reduced or eliminated or scheduled interest payments have not been made. 4. The underwater security has longer than 10 years to maturity and the loss position had existed for more than 3 years. 5. Management does not possess both the intent and ability to hold the security for a period of time sufficient to allow for any anticipated recovery in fair value. If the impairment is judged to be other than temporary, the cost basis of the individual security shall be written down to fair value, thereby establishing a new cost basis. The new cost basis shall not be changed for subsequent recoveries in fair value. The amount of the write down shall be included in current earnings as a realized loss. The recovery in fair value, if any, shall be recognized in earnings when the security is sold. The table below is presented by category of security and length of time in a continuous loss position. The Company currently does not hold any securities with other than temporary impairment. Information pertaining to securities with gross unrealized losses at June 30, 2022 and December 31, 2021, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows: (In Thousands) June 30, 2022 Less Than Twelve Months Twelve Months & Over Total Gross Unrealized Fair Gross Unrealized Fair Gross Unrealized Fair Losses Value Losses Value Losses Value U.S. Treasury $ (5,170 ) $ 71,736 $ (3,165 ) $ 6,774 $ (8,335 ) $ 78,510 U.S. Government agencies (4,305 ) 55,400 (9,672 ) 102,702 (13,977 ) 158,102 Mortgage-backed securities (6,432 ) 61,720 (5,581 ) 32,261 (12,013 ) 93,981 State and local governments (4,063 ) 52,771 (1,267 ) 6,575 (5,330 ) 59,346 Total available-for-sale securities $ (19,970 ) $ 241,627 $ (19,685 ) $ 148,312 $ (39,655 ) $ 389,939 (In Thousands) December 31, 2021 Less Than Twelve Months Twelve Months & Over Total Gross Unrealized Fair Gross Unrealized Fair Gross Unrealized Fair Losses Value Losses Value Losses Value U.S. Treasury $ (1,598 ) $ 89,177 $ - $ - $ (1,598 ) $ 89,177 U.S. Government agencies (1,898 ) 86,739 (1,584 ) 41,738 (3,482 ) 128,477 Mortgage-backed securities (1,050 ) 63,157 (412 ) 16,434 (1,462 ) 79,591 State and local governments (296 ) 17,727 (225 ) 5,487 (521 ) 23,214 Total available-for-sale securities $ (4,842 ) $ 256,800 $ (2,221 ) $ 63,659 $ (7,063 ) $ 320,459 Unrealized losses on securities have not been recognized into income because the issuers’ bonds are of high credit quality, values have only been impacted by changes in interest rates since the securities were purchased, and the Company has the intent and ability to hold the securities for the foreseeable future. The fair value is expected to recover as the bonds approach the maturity date. Below are the gross realized gains and losses for the three and six months ended June 30, 2022 and June 30, 2021. Three Months Six Months (In Thousands) (In Thousands) 2022 2021 2022 2021 Gross realized gains $ - $ - $ - $ 293 Gross realized losses - - - - Net realized gains $ - $ - $ - $ 293 Tax expense related to net realized gains $ - $ - $ - $ 62 The net realized gains on sales and related tax expense is a reclassification out of accumulated other comprehensive income (loss). The net realized gains are included in net gains on sale of available-for-sale securities and the related tax expense is included in income taxes in the condensed consolidated statements of income and comprehensive income (loss). The amortized cost and fair value of debt securities at June 30, 2022, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value One year or less $ 6,479 $ 6,423 After one year through five years 182,012 170,399 After five years through ten years 143,265 127,389 After ten years 1,509 1,495 Total $ 333,265 $ 305,706 Mortgage-backed securities 105,994 93,981 Total $ 439,259 $ 399,687 Investments with a carrying value of $130.0 million and $115.0 million at June 30, 2022 and December 31, 2021, respectively, were pledged to secure public deposits and securities sold under repurchase agreements. Other securities include Federal Home Loan Bank of Cincinnati and Indianapolis stock in the amount of $7.3 million as of June 30, 2022 and December 31, 2021, in addition to Ohio Equity Fund for Housing Limited Partnership funding of $1.4 million as of June 30, 2022 and $820 thousand as of December 31, 2021 out of a total $3.0 million committed.

Loans

Loans	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Loans	NOTE 4 LOANS Loan balances as of June 30, 2022 and December 31, 2021 are summarized below: (In Thousands) Loans: June 30, 2022 December 31, 2021 Consumer Real Estate $ 410,450 $ 395,873 Agricultural Real Estate 199,972 198,343 Agricultural 127,143 118,368 Commercial Real Estate 979,176 848,477 Commercial and Industrial 232,975 208,270 Consumer 55,411 57,737 Other 31,243 32,089 2,036,370 1,859,157 Less: Net deferred loan fees and costs (1,552 ) (1,738 ) 2,034,818 1,857,419 Less: Allowance for loan losses (18,424 ) (16,242 ) Loans - Net $ 2,016,394 $ 1,841,177 Other loans primarily fund public improvements in the Bank’s service area. The distribution of fixed rate loans and variable rate loans by major loan category is as follows as of June 30, 2022: (In Thousands) Fixed Variable Consumer Real Estate $ 309,221 $ 101,229 Agricultural Real Estate 127,103 72,869 Agricultural 48,479 78,664 Commercial Real Estate 787,908 191,268 Commercial and Industrial 109,452 123,523 Consumer 54,462 949 Other 21,341 9,902 As of June 30, 2022 and December 31, 2021 one to four family residential mortgage loans amounting to $185.7 million and $193.2 million, respectively, have been pledged as security for future loans and existing loans the Bank has received from the Federal Home Loan Bank. Unless listed separately, Other loans are included in the Commercial and Industrial category for the remainder of the tables in this Note 4. The following table represents the contractual aging of the recorded investment (in thousands) in past due loans by portfolio classification of loans as of June 30, 2022 and December 31, 2021, net of deferred loan fees and costs: June 30, 2022 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Financing Receivables Recorded Investment > 90 Days and Accruing Consumer Real Estate $ 964 $ 52 $ 164 $ 1,180 $ 409,288 $ 410,468 $ - Agricultural Real Estate - 1,550 - 1,550 198,100 199,650 - Agricultural 42 662 112 816 126,524 127,340 - Commercial Real Estate 15 - 180 195 977,393 977,588 - Commercial and Industrial - 9 275 284 263,840 264,124 - Consumer 11 63 - 74 55,574 55,648 - Total $ 1,032 $ 2,336 $ 731 $ 4,099 $ 2,030,719 $ 2,034,818 $ - December 31, 2021 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Financing Receivables Recorded Investment > 90 Days and Accruing Consumer Real Estate $ 228 $ - $ 246 $ 474 $ 395,331 $ 395,805 $ - Agricultural Real Estate 436 - - 436 197,597 198,033 - Agricultural - - - - 118,504 118,504 - Commercial Real Estate - - 180 180 846,930 847,110 - Commercial and Industrial 21 131 149 301 239,837 240,138 - Consumer 64 - - 64 57,765 57,829 - Total $ 749 $ 131 $ 575 $ 1,455 $ 1,855,964 $ 1,857,419 $ - The following table presents the recorded investment in nonaccrual loans by class of loans as of June 30, 2022 and December 31, 2021: (In Thousands) June 30, 2022 December 31, 2021 Consumer Real Estate $ 513 $ 824 Agricultural Real Estate 2,023 6,477 Agricultural 1,296 20 Commercial Real Estate 1,136 600 Commercial & Industrial 275 149 Consumer 4 6 Total $ 5,247 $ 8,076 Following are the characteristics and underwriting criteria for each major type of loan the Bank offers: Consumer Real Estate: Purchase, refinance, or equity financing of one to four family owner occupied dwelling. Success in repayment is subject to borrower’s income, debt level, character in fulfilling payment obligations, employment, and others. Agricultural Real Estate: Purchase of farm real estate or for permanent improvements to the farm real estate. Cash flow from the farm operation is the repayment source and is therefore subject to the financial success of the farm operation. Agricultural: Loans for the production and housing of crops, fruits, vegetables, and livestock or to fund the purchase or re-finance of capital assets such as machinery and equipment and livestock. The production of crops and livestock is especially vulnerable to commodity prices and weather. The vulnerability to commodity prices is offset by the farmer’s ability to hedge their position by the use of various pricing mechanisms. The risk related to weather is often mitigated by crop insurance. Commercial Real Estate: Construction, purchase, and refinance of business purpose real estate. Risks include potential construction delays and overruns, vacancies, collateral value subject to market value fluctuations, interest rate, market demands, borrower’s ability to repay in orderly fashion, and others. The Bank does employ stress testing on higher balance loans to mitigate risk by ensuring the customer’s ability to repay in a changing rate environment before granting loan approval. Commercial and Industrial: Loans to proprietorships, partnerships, limited liability companies or corporations to provide temporary working capital and seasonal loans as well as long term loans for capital asset acquisition. Risks include adequacy of cash flow, reasonableness of projections, financial leverage, economic trends, management ability and estimated capital expenditures during the fiscal year. The Bank does employ stress testing on higher balance loans to mitigate risk by ensuring the customer's ability to repay in a changing rate environment before granting loan approval. Included in commercial loans for June 2022 and December 2021 were Paycheck Protection Program (PPP) loans, administered by the Small Business Administration (SBA), in the amounts of $8 thousand and $2.9 million, respectively. The PPP provided loans to eligible businesses through financial institutions like the Bank, with loans being eligible for forgiveness of some or all of the principal amount by the SBA if the borrower meets certain requirements. The SBA guarantees repayment of the loans to the Bank if the borrower’s loan is not forgiven and is then not repaid by the customer. Therefore, there is no allowance for loan losses related to these loans. Consumer: Funding for individual and family purposes. Success in repayment is subject to borrower’s income, debt level, character in fulfilling payment obligations, employment, and others. Other: Primarily funds public improvements in the Bank’s service area. Repayment ability is based on the continuance of the taxation revenue as the source of repayment. The Bank uses a nine tier risk rating system to grade its loans. The grade of a loan may change during the life of the loan. The risk ratings are described as follows. 1. Zero (0) Unclassified. Any loan which has not been assigned a classification. 2. One (1) Excellent. Credit to premier customers having the highest credit rating based on an extremely strong financial condition, which compares favorably with industry standards (upper quartile of RMA ratios). Financial statements indicate a sound earnings and financial ratio trend for several years with satisfactory profit margins and excellent liquidity exhibited. Prime credits may also be borrowers with loans fully secured by highly liquid collateral such as traded stocks, bonds, certificates of deposit, savings account, etc. No credit or collateral exceptions exist, and the loan adheres to The Bank's loan policy in every respect. Financing alternatives would be readily available and would qualify for unsecured credit. This rate is summarized by high liquidity, minimum risk, strong ratios, and low handling costs. 3. Two (2) Good. Desirable loans of somewhat less stature than rate 1, but with strong financial statements. Loan supported by financial statements containing strong balance sheets and a history of profitability. Probability of serious financial deterioration is unlikely. Possessing a sound repayment source (and a secondary source), which would allow repayment in a reasonable period of time. Individual loans backed by liquid personal assets, established history and unquestionable character. 4. Three (3) Satisfactory. Satisfactory loans of average or slightly above average risk – having some deficiency or vulnerability to changing economic conditions, but still fully collectible. Projects should normally demonstrate acceptable debt service coverage. There may be some weakness but with offsetting features of other support readily available. Loans that are meeting the terms of repayment. Loans may be rated 3 when there is no recent information on which to base a current risk evaluation and the following conditions apply: At inception, the loan was properly underwritten and did not possess an unwarranted level of credit risk; a. At inception, the loan was secured with collateral possessing a loan-to-value adequate to protect The Bank from loss; b. The loan exhibited two or more years of satisfactory repayment with a reasonable reduction of the principal balance; c. During the period that the loan has been outstanding, there has been no evidence of any credit weakness. Some examples of weakness include slow payment, lack of cooperation by the borrower, breach of loan covenants, or the business is in an industry which is known to be experiencing problems. If any of these credit weaknesses is observed, a lower risk rating is warranted. 5. Four (4) Satisfactory / Monitored. A “4” (Satisfactory/Monitored) risk rating may be established for a loan considered satisfactory but which is of average credit risk due to financial weakness or uncertainty. The loans warrant a higher than average level of monitoring to ensure that weaknesses do not advance. The level of risk in Satisfactory/Monitored classification is considered acceptable and within normal underwriting guidelines, so long as the loan is given management supervision. 6. Five (5) Special Mention. Loans that possess some credit deficiency or potential weakness which deserve close attention, but which do not yet warrant substandard classification. Such loans pose unwarranted financial risk that, if not corrected, could weaken the loan and increase risk in the future. The key distinctions of a 5 (Special Mention) classification are that (1) it is indicative of an unwarranted level of risk, and (2) weaknesses are considered “potential” versus “defined” impairments to the primary source of loan repayment and collateral. 7. Six (6) Substandard. One or more of the following characteristics may be exhibited in loans classified substandard: a. Loans which possess a defined credit weakness and the likelihood that a loan will be paid from the primary source are uncertain. Financial deterioration is underway and very close attention is warranted to ensure that the loan is collected without loss. b. Loans are inadequately protected by the current net worth and paying capacity of the borrower. c. The primary source of repayment is weakened, and The Bank is forced to rely on a secondary source of repayment such as collateral liquidation or guarantees. d. Loans are characterized by the distinct possibility that The Bank will sustain some loss if deficiencies are not corrected. e. Unusual courses of action are needed to maintain a high probability of repayment. f. The borrower is not generating enough cash flow to repay loan principal; however, continues to make interest payments. g. The lender is forced into a subordinate position or unsecured collateral position due to flaws in documentation. h. Loans have been restructured so that payment schedules, terms and collateral represent concessions to the borrower when compared to the normal loan terms. i. The lender is seriously contemplating foreclosure or legal action due to the apparent deterioration in the loan. j. There is significant deterioration in the market conditions and the borrower is highly vulnerable to these conditions. 8. Seven (7) Doubtful. One or more of the following characteristics may be exhibited in loans classified Doubtful: a. Loans have all of the weaknesses of those classified as Substandard. Additionally, however, these weaknesses make collection or liquidation in full based on existing conditions improbable. b. The primary source of repayment is gone, and there is considerable doubt as to the quality of the secondary source of repayment. c. The possibility of loss is high, but, because of certain important pending factors which may strengthen the loan, loss classification is deferred until its exact status is known. A Doubtful classification is established deferring the realization of the loss. 9. Eight (8) Loss. Loans are considered uncollectable and of such little value that continuing to carry them as assets on the institution’s financial statements is not feasible. Loans will be classified Loss when it is neither practical nor desirable to defer writing off or reserving all or a portion of a basically worthless asset, even though partial recovery may be possible at some time in the future. [ Remainder of this page intentionally left blank ] The following table represents the risk category of loans by portfolio class, net of deferred fees and costs, based on the most recent analysis performed as of June 30, 2022 and December 31, 2021: (In Thousands) Agricultural Commercial Commercial Real Estate Agricultural Real Estate and Industrial Other June 30, 2022 1-2 $ 9,736 $ 4,935 $ 10,142 $ 1,210 $ - 3 43,788 33,656 269,520 58,423 11,202 4 132,745 87,177 665,350 168,392 20,041 5 4,440 365 15,705 916 - 6 8,941 1,207 16,871 3,940 - 7 - - - - - 8 - - - - - Total $ 199,650 $ 127,340 $ 977,588 $ 232,881 $ 31,243 Agricultural Commercial Commercial Real Estate Agricultural Real Estate and Industrial Other December 31, 2021 1-2 $ 8,720 $ 4,178 $ 10,894 $ 4,604 $ - 3 42,180 38,623 238,132 46,547 11,408 4 129,301 75,164 568,038 152,736 20,681 5 4,599 227 14,509 986 - 6 13,233 312 15,537 3,176 - 7 - - - - - 8 - - - - - Total $ 198,033 $ 118,504 $ 847,110 $ 208,049 $ 32,089 For consumer residential real estate, and other, the Company also evaluates credit quality based on the aging status of the loan, as was previously stated, and by payment activity. The following tables present the recorded investment in those classes based on payment activity and assigned risk grading as of June 30, 2022 and December 31, 2021. (In Thousands) Consumer Consumer Real Estate Real Estate June 30, 2022 December 31, 2021 Grade Pass $ 408,315 $ 392,940 Special Mention (5) 851 1,673 Substandard (6) 1,302 1,192 Doubtful (7) - - Total $ 410,468 $ 395,805 (In Thousands) Consumer - Credit Consumer - Other June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Performing $ 19 $ 3,906 $ 55,560 $ 53,820 Nonperforming - 13 69 90 Total $ 19 $ 3,919 $ 55,629 $ 53,910 Information about impaired loans as of June 30, 2022, December 31, 2021 and June 30, 2021 are as follows: (In Thousands) June 30, 2022 December 31, 2021 June 30, 2021 Impaired loans without a valuation allowance $ 5,680 $ 1,228 $ 3,063 Impaired loans with a valuation allowance 4,989 10,711 8,976 Total impaired loans $ 10,669 $ 11,939 $ 12,039 Valuation allowance related to impaired loans $ 2,419 $ 2,184 $ 1,156 Total non-accrual loans $ 5,247 $ 8,076 $ 7,031 Total loans past-due ninety days or more and still accruing $ - $ - $ - Quarter ended average investment in impaired loans $ 9,748 $ 11,676 $ 12,206 Year to date average investment in impaired loans $ 11,258 $ 12,247 $ 12,836 There were no additional funds available to be advanced in connection with impaired loans as of June 30, 2022. The Bank had approximately $2.7 million of its impaired loans classified as troubled debt restructured (TDR) as of June 30, 2022, $7.6 million as of December 31, 2021 and $5.5 million as of June 30, 2021. Modification programs focus on payment pattern changes and/or modified maturity dates with most receiving a combination of the two concessions. The modifications did not result in the contractual forgiveness of principal. During the second quarter of 2022, there were no new loans considered TDR. In the second quarter of 2021, one new loan was considered a TDR which resulted in the payment changes from a monthly payment to monthly interest only payments on May 3, 2021. Two loans were also paid off in June 2021. Pre- Post- Pre- Post- Three Months Number of Modification Modification Six Months Number of Modification Modification June 30, 2022 Contracts Outstanding Outstanding June 30, 2022 Contracts Outstanding Outstanding (in thousands) Modified in the Recorded Recorded (in thousands) Modified in the Recorded Recorded Troubled Debt Restructurings Last Three Months Investment Investment Troubled Debt Restructurings Last Six Months Investment Investment Commercial Real Estate - - - Commercial Real Estate - - - Pre- Post- Pre- Post- Three Months Number of Modification Modification Six Months Number of Modification Modification June 30, 2021 Contracts Outstanding Outstanding June 30, 2021 Contracts Outstanding Outstanding (in thousands) Modified in the Recorded Recorded (in thousands) Modified in the Recorded Recorded Troubled Debt Restructurings Last Three Months Investment Investment Troubled Debt Restructurings Last Six Months Investment Investment Commercial Real Estate 1 382 382 Commercial Real Estate 1 382 382 For the three months ended June 30, 2022 and 2021, there were no TDRs that subsequently defaulted after modification. For the six month period ended June 30, 2022, there were two impaired agriculture real estate loans of $4.5 million that were classified as TDR and paid off. There was one impaired commercial real estate loan of $86 thousand and one impaired commercial loan of $480 thousand that were classified as TDR paid off. There were three commercial impaired commercial loans of $809 thousand that were classified as TDR charged off for the six month period ended June 30, 2021. For the majority of the Bank’s impaired loans, the Bank will apply the fair value of collateral or use a measurement incorporating the present value of expected future cash flows discounted at the loan’s effective rate of interest. To determine fair value of collateral, collateral asset values securing an impaired loan are periodically evaluated. Maximum time of re-evaluation is every 12 months for chattels and titled vehicles and every two years for real estate. In this process, third party evaluations are obtained. Until such time that updated appraisals are received, the Bank may discount the collateral value used. The Bank uses the following guidelines as stated in policy to determine when to realize a charge-off, whether a partial or full loan balance. A charge-off in whole or in part is realized when unsecured consumer loans, credit card credits and overdraft lines of credit reach 90 days delinquency. At 90 days delinquent, secured consumer loans are charged down to the value of the collateral, if repossession of the collateral is assured and/or in the process of repossession. Consumer mortgage loan deficiencies are charged down upon the sale of the collateral or sooner upon the recognition of collateral deficiency. A broker’s price opinion or appraisal will be completed on all home loans in litigation and any deficiency will be charged off before reaching 150 days delinquent. Commercial and agricultural credits are charged down/allocated at 120 days delinquency, unless an established and approved work-out plan is in place or litigation of the credit will likely result in recovery of the loan balance. Upon notification of bankruptcy, unsecured debt is charged off. Additional charge-off may be realized as further unsecured positions are recognized. The following tables present loans individually evaluated for impairment by class of loans for the three and six months ended June 30, 2022 and June 30, 2021 and for the year ended December 31, 2021. (In Thousands) QTD QTD QTD Interest Three Months Ended June 30, 2022 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 657 $ 657 $ - $ 390 $ 1 $ 4 Agricultural Real Estate 2,414 2,518 - 2,247 6 3 Agricultural 1,296 1,296 - 445 - 1 Commercial Real Estate 1,148 1,148 - 1,323 7 14 Commercial and Industrial 145 145 - 207 - 10 Consumer 20 20 - 20 - With a specific allowance recorded: Consumer Real Estate - - - - - - Agricultural Real Estate - - - - - - Agricultural - - - - - - Commercial Real Estate 2,985 2,985 573 3,105 38 - Commercial and Industrial 2,004 2,004 1,846 2,011 52 - Consumer - - - - - - Totals: Consumer Real Estate $ 657 $ 657 $ - $ 390 $ 1 $ 4 Agricultural Real Estate $ 2,414 $ 2,518 $ - $ 2,247 $ 6 $ 3 Agricultural $ 1,296 $ 1,296 $ - $ 445 $ - $ 1 Commercial Real Estate $ 4,133 $ 4,133 $ 573 $ 4,428 $ 45 $ 14 Commercial and Industrial $ 2,149 $ 2,149 $ 1,846 $ 2,218 $ 52 $ 10 Consumer $ 20 $ 20 $ - $ 20 $ - $ - (In Thousands) Interest Year Ended December 31, 2021 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 604 $ 604 $ - $ 456 $ 5 $ 15 Agricultural Real Estate 423 423 - 1,000 33 - Agricultural - - - 143 18 3 Commercial Real Estate 180 180 - 1,445 70 9 Commercial and Industrial 21 21 - 920 24 158 Consumer - - - 17 - - With a specific allowance recorded: Consumer Real Estate - - - 59 - - Agricultural Real Estate 6,302 6,406 691 5,414 54 - Agricultural 20 20 1 94 - - Commercial Real Estate 3,381 3,381 664 2,199 70 3 Commercial and Industrial 982 982 825 498 17 - Consumer 26 26 3 2 1 - Totals: Consumer Real Estate $ 604 $ 604 $ - $ 515 $ 5 $ 15 Agricultural Real Estate $ 6,725 $ 6,829 $ 691 $ 6,414 $ 87 $ - Agricultural $ 20 $ 20 $ 1 $ 237 $ 18 $ 3 Commercial Real Estate $ 3,561 $ 3,561 $ 664 $ 3,644 $ 140 $ 12 Commercial and Industrial $ 1,003 $ 1,003 $ 825 $ 1,418 $ 41 $ 158 Consumer $ 26 $ 26 $ 3 $ 19 $ 1 $ - (In Thousands) QTD QTD QTD Interest Three Months Ended June 30, 2021 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 770 $ 823 $ - $ 494 $ 1 $ 3 Agricultural Real Estate 728 728 - 994 22 - Agricultural 131 231 - 184 4 - Commercial Real Estate 181 181 - 480 4 3 Commercial and Industrial 1,236 1,367 - 1,298 6 2 Consumer 17 27 - 19 - - With a specific allowance recorded: Consumer Real Estate - - - 55 - - Agricultural Real Estate 5,794 5,794 914 5,556 - - Agricultural 117 117 117 39 - - Commercial Real Estate 3,065 3,065 125 3,087 27 3 Commercial and Industrial - - - - - - Consumer - - - - - - Totals: Consumer Real Estate $ 770 $ 823 $ - $ 549 $ 1 $ 3 Agricultural Real Estate $ 6,522 $ 6,522 $ 914 $ 6,550 $ 22 $ - Agricultural $ 248 $ 348 $ 117 $ 223 $ 4 $ - Commercial Real Estate $ 3,246 $ 3,246 $ 125 $ 3,567 $ 31 $ 6 Commercial and Industrial $ 1,236 $ 1,367 $ - $ 1,298 $ 6 $ 2 Consumer $ 17 $ 27 $ - $ 19 $ - $ - (In Thousands) YTD YTD YTD Interest Six Months Ended June 30, 2022 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 657 $ 657 $ - $ 381 $ 2 $ 6 Agricultural Real Estate 2,414 2,518 - 1,696 13 5 Agricultural 1,296 1,296 - 233 - 1 Commercial Real Estate 1,148 1,148 - 991 11 19 Commercial and Industrial 145 145 - 231 2 10 Consumer 20 20 - 19 1 - With a specific allowance recorded: Consumer Real Estate - - - - - - Agricultural Real Estate - - - 2,775 - - Agricultural - - - - - - Commercial Real Estate 2,985 2,985 573 3,426 74 - Commercial and Industrial 2,004 2,004 1,846 1,502 65 - Consumer - - - 4 - - Totals: Consumer Real Estate $ 657 $ 657 $ - $ 381 $ 2 $ 6 Agricultural Real Estate $ 2,414 $ 2,518 $ - $ 4,471 $ 13 $ 5 Agricultural $ 1,296 $ 1,296 $ - $ 233 $ - $ 1 Commercial Real Estate $ 4,133 $ 4,133 $ 573 $ 4,417 $ 85 $ 19 Commercial and Industrial $ 2,149 $ 2,149 $ 1,846 $ 1,733 $ 67 $ 10 Consumer $ 20 $ 20 $ - $ 23 $ 1 $ - (In Thousands) YTD YTD YTD Interest Six Months Ended June 30, 2021 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 770 $ 823 $ - $ 501 $ 3 $ 7 Agricultural Real Estate 728 728 - 1,262 44 - Agricultural 131 231 - 176 6 - Commercial Real Estate 181 181 - 1,393 8 6 Commercial and Industrial 1,236 1,367 - 1,546 23 3 Consumer 17 27 - 20 - - With a specific allowance recorded: Consumer Real Estate - - - 117 - - Agricultural Real Estate 5,794 5,794 914 5,357 - - Agricultural 117 117 117 127 - - Commercial Real Estate 3,065 3,065 125 2,002 54 3 Commercial and Industrial - - - 335 - - Consumer - - - - - - Totals: Consumer Real Estate $ 770 $ 823 $ - $ 618 $ 3 $ 7 Agricultural Real Estate $ 6,522 $ 6,522 $ 914 $ 6,619 $ 44 $ - Agricultural $ 248 $ 348 $ 117 $ 303 $ 6 $ - Commercial Real Estate $ 3,246 $ 3,246 $ 125 $ 3,395 $ 62 $ 9 Commercial and Industrial $ 1,236 $ 1,367 $ - $ 1,881 $ 23 $ 3 Consumer $ 17 $ 27 $ - $ 20 $ - $ - As of June 30, 2022, the Company had The Allowance for Loan and Lease Losses (ALLL) has a direct impact on the provision expense. An increase in the ALLL is funded through recoveries and provision expense. The following tables summarize the activities in the allowance for credit losses. (In Thousands) Six Months Ended Twelve Months Ended June 30, 2022 December 31, 2021 Allowance for Loan & Lease Losses Balance at beginning of year $ 16,242 $ 13,672 Provision for loan loss 2,208 3,444 Loans charged off (211 ) (1,332 ) Recoveries 185 458 Allowance for Loan & Lease Losses $ 18,424 $ 16,242 Allowance for Unfunded Loan Commitments & Letters of Credit $ 1,167 $ 1,041 Total Allowance for Credit Losses $ 19,591 $ 17,283 The Company segregates its ALLL into two reserves: The ALLL and the Allowance for Unfunded Loan Commitments and Letters of Credit (AULC). When combined, these reserves constitute the total Allowance for Credit Losses (ACL). The ALLL does not include an accretable yield of $6.3 and $7.1 million as of June 30, 2022 and December 31, 2021, respectively, nor a nonaccretable yield of $463 and $510 thousand as of June 30, 2022 and December 31, 2021, respectively, related to the acquisitions of Bank of Geneva in 2019 and Ossian State Bank and Perpetual Federal Savings Bank in 2021 as previously discussed in Note 2. The AULC is reported within other liabilities while the ALLL is netted within the loans, net asset line on the Company’s consolidated balance sheet. The ACL presented above represents the full amount of reserves available to absorb possible credit losses. [ Remainder of this page intentionally left blank ] The following table breaks down the activity within ACL for each loan portfolio classification and shows the contribution provided by both the recoveries and the provision along with the reduction of the allowance caused by charge-offs. Additional analysis, presented in thousands, related to the allowance for credit losses for the three and six months ended June 30, 2022 and June 30, 2021 in addition to the ending balances as of December 31, 2021 is as follows: Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Three Months Ended June 30, 2022 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 892 $ 606 $ 844 $ 9,573 $ 4,066 $ 623 $ 1,076 $ 167 17,847 Charge Offs - - - - - (117 ) - - (117 ) Recoveries 4 - - 3 65 70 - - 142 Provision (Credit) 43 (260 ) (90 ) 851 1,234 (9 ) - (141 ) 1,628 Other Non-interest expense related to unfunded - - - - - - 91 - 91 Ending Balance $ 939 $ 346 $ 754 $ 10,427 $ 5,365 $ 567 $ 1,167 $ 26 $ 19,591 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ 2,419 $ - $ - $ - $ 2,419 Ending balance: collectively evaluated for impairment $ 939 $ 346 $ 754 $ 10,427 $ 2,946 $ 567 $ 1,167 $ 26 $ 17,172 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - $ - FINANCING RECEIVABLES: Ending balance $ 410,468 $ 199,650 $ 127,340 $ 977,588 $ 264,124 $ 55,648 $ - $ - $ 2,034,818 Ending balance: individually evaluated for impairment $ 657 $ 2,414 $ 1,296 $ 4,133 $ 2,149 $ 20 $ - $ - $ 10,669 Ending balance: collectively evaluated for impairment $ 409,318 $ 197,039 $ 126,044 $ 973,258 $ 261,854 $ 55,628 $ - $ - $ 2,023,141 Ending balance: loans acquired with deteriorated credit quality $ 493 $ 197 $ - $ 197 $ 121 $ - $ - $ - $ 1,008 December 31, 2021 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total ALLOWANCE FOR CREDIT LOSSES: Ending Balance $ 857 $ 1,040 $ 709 $ 9,130 $ 3,847 $ 625 $ 1,041 $ 34 $ 17,283 Ending balance: individually evaluated for impairment $ - $ 691 $ 1 $ 664 $ 825 $ 3 $ - $ - $ 2,184 Ending balance: collectively evaluated for impairment $ 857 $ 349 $ 708 $ 8,466 $ 3,022 $ 622 $ 1,041 $ 34 $ 15,099 Ending balance: loans acquired with deteriorated credit quality $ 37 $ - $ - $ - $ - $ - $ - $ - $ 37 FINANCING RECEIVABLES: Ending balance $ 395,805 $ 198,033 $ 118,504 $ 847,110 $ 240,138 $ 57,829 $ - $ - $ 1,857,419 Ending balance: individually evaluated for impairment $ 604 $ 6,725 $ 20 $ 3,561 $ 1,003 $ 26 $ - $ - $ 11,939 Ending balance: collectively evaluated for impairment $ 394,489 $ 191,107 $ 118,484 $ 843,299 $ 238,849 $ 57,803 $ - $ - $ 1,844,031 Ending balance: loans acquired with deteriorated credit quality $ 712 $ 201 $ - $ 250 $ 286 $ - $ - $ - $ 1,449 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Three Months Ended June 30, 2021 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 624 $ 1,386 $ 616 $ 7,668 $ 2,608 $ 595 $ 1,052 $ 928 $ 15,477 Charge Offs - - - - - (38 ) - - (38 ) Recoveries 3 - 6 3 5 42 - - 59 Provision (Credit) 22 (169 ) 98 1,160 224 14 - (708 ) 641 Other Non-interest expense related to unfunded - - - - - - 93 - 93 Ending Balance $ 649 $ 1,217 $ 720 $ 8,831 $ 2,837 $ 613 $ 1,145 $ 220 $ 16,232 Ending balance: individually evaluated for impairment $ - $ 914 $ 117 $ 125 $ - $ - $ - $ - $ 1,156 Ending balance: collectively evaluated for impairment $ 649 $ 303 $ 603 $ 8,706 $ 2,837 $ 613 $ 1,145 $ 220 $ 15,076 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - $ - FINANCING RECEIVABLES: Ending balance $ 194,574 $ 189,426 $ 100,905 $ 689,728 $ 227,256 $ 56,534 $ - $ - $ 1,458,423 Ending balance: individually evaluated for impairment $ 770 $ 6,522 $ 248 $ 3,246 $ 1,236 $ 17 $ - $ - $ 12,039 Ending balance: collectively evaluated for impairment $ 193,741 $ 181,923 $ 100,657 $ 686,172 $ 225,635 $ 56,517 $ - $ - $ 1,444,645 Ending balance: loans acquired with deteriorated credit quality $ 63 $ 981 $ - $ 310 $ 385 $ - $ - $ - $ 1,739 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Six Months Ended June 30, 2022 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 857 $ 1,040 $ 709 $ 9,130 $ 3,847 $ 625 $ 1,041 $ 34 $ 17,283 Charge Offs - - - - (6 ) (205 ) - - (211 ) Recoveries 9 - - 5 74 97 - - 185 Provision (Credit) 73 (694 ) 45 1,292 1,450 50 - (8 ) 2,208 Other Non-interest expense related to unfunded - - - - - - 126 - 126 Ending Balance $ 939 $ 346 $ 754 $ 10,427 $ 5,365 $ 567 $ 1,167 $ 26 $ 19,591 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ 2,419 $ - $ - $ - $ 2,419 Ending balance: collectively evaluated for impairment $ 939 $ 346 $ 754 $ 10,427 $ 2,946 $ 567 $ 1,167 $ 26 $ 17,172 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - $ - FINANCING RECEIVABLES: Ending balance $ 410,468 $ 199,650 $ 127,340 $ 977,588 $ 264,124 $ 55,648 $ - $ - $ 2,034,818 Ending balance: individually evaluated for impairment $ 657 $ 2,414 $ 1,296 $ 4,133 $ 2,149 $ 20 $ - $ - $ 10,669 Ending balance: collectively evaluated for impairment $ 409,318 $ 197,039 $ 126,044 $ 973,258 $ 261,854 $ 55,628 $ - $ - $ 2,023,141 Ending balance: loans acquired with deteriorated credit quality $ 493 $ 197 $ - $ 197 $ 121 $ - $ - $ - $ 1,008 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Six Months Ended June 30, 2021 ALLOWANCE FOR CREDIT LOSSES: Beginning balanc

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 5 EARNINGS PER SHARE Basic earnings per share are calculated using the two-class method. The two-class method is an earnings allocation formula under which earnings per share is calculated from common stock and participating securities according to dividends declared and participation rights in undistributed earnings. Under this method, all earnings distributed and undistributed, are allocated to participating securities and common shares based on their respective rights to receive dividends. Unvested share-based payment awards that contain non-forfeitable rights to dividends are considered participating securities (i.e. unvested restricted stock), not subject to performance based measures. Basic earnings per share is calculated by dividing net income available to common shareholders by the weighted average number of common shares outstanding. Application of the two-class method for participating securities results in a more dilutive basic earnings per share as the participating securities are allocated the same amount of income as if they are outstanding for purposes of basic earnings per share. There is no additional potential dilution in calculating diluted earnings per share, therefore basic and diluted earnings per share are the same amounts. Other than the restricted stock plan, the Company has no other employee stock based compensation plans. The Compensation Committee of the Company has determined that it is appropriate to award shares of the common stock of the Company to Outside Directors and Employees that are officers of the Company or the Bank who also serve as Directors of the Company and the Bank as a portion of their retainer for services rendered as Directors of the Company and the Bank. The Committee believes that it is appropriate to award the Directors shares equal to a specific dollar amount, rounded to the nearest whole share on an annual basis commencing on June 5, 2020 and thereafter on the first Friday of June in each year. Directors receive a prorated dollar value of shares for a partial year of service. The value for the shares is to be based upon the closing price for shares on June 4, 2020 and thereafter on the first Thursday in June in each year. On June 4, 2021, ten Directors received approximately $6,000 worth of shares which equated to 272 shares while four Directors received a prorated dollar value of shares. On October 1, 2021, a new Director was added as a result of the Perpetual Federal Savings Bank acquisition and received 68 prorated shares worth approximately $1,523. On June 3, 2022, twelve Directors each received $10,013 which equated to 240 shares. The use of stock for Directors’ retainer, does not have an effect on diluted earnings per share as it is immediately vested. (in thousands of dollars) (in thousands of dollars) Three Months Ended Six Months Ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Earnings per share Net income $ 8,271 $ 4,983 $ 16,373 $ 9,892 Less: distributed earnings allocated to participating securities (21 ) (14 ) (42 ) (29 ) Less: undistributed earnings allocated to participating securities (48 ) (23 ) (96 ) (46 ) Net earnings available to common shareholders $ 8,202 $ 4,946 $ 16,235 $ 9,817 Weighted average common shares outstanding including participating securities 13,065,975 11,191,043 13,066,123 11,194,011 Less: average unvested restricted shares (108,849 ) (84,125 ) (110,004 ) (85,353 ) Weighted average common shares outstanding 12,957,126 11,106,918 12,956,119 11,108,658 Basic and diluted earnings per share $ 0.63 $ 0.44 $ 1.25 $ 0.88

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	NOTE 6 FAIR VALUE OF FINANCIAL INSTRUMENTS Fair values of financial instruments are management's estimate of the values at which the instruments could be exchanged in a transaction between willing parties. These estimates are subjective and may vary significantly from amounts that would be realized in actual transactions. In addition, other significant assets are not considered financial assets including deferred tax assets, premises, equipment and intangibles. Further, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on the fair value estimates and have not been considered in any of the estimates. [ Remainder of this page intentionally left blank ] The estimated fair values, and related carrying or notional amounts, for on and off-balance sheet financial instruments as of June 30, 2022 and December 31, 2021 are reflected below. (In Thousands) June 30, 2022 Carrying Fair Amount Value Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 71,439 $ 71,439 $ 71,439 $ - $ - Interest-bearing time deposits 6,684 6,687 - 6,687 - Securities - available-for-sale 399,687 399,687 97,100 299,173 3,414 Other securities 8,735 8,735 - - 8,735 Loans held for sale 4,230 4,301 - - 4,301 Loans, net 2,016,394 2,042,904 - - 2,042,904 Interest receivable 8,008 8,008 - - 8,008 Financial Liabilities: Interest bearing deposits $ 1,296,402 $ 1,288,006 $ - $ - $ 1,288,006 Non-interest bearing deposits 503,395 503,395 - 503,395 - Time deposits 424,249 416,076 - - 416,076 Total Deposits 2,224,046 2,207,477 - 503,395 1,704,082 Federal funds purchased and securities sold under agreement to repurchase 71,944 71,944 - - 71,944 Federal Home Loan Bank advances 42,635 42,930 - - 42,930 Other borrowings - - - - - Subordinated notes, net of unamortized issuance costs 34,528 35,000 - 35,000 - Interest payable 923 923 - - 923 (In Thousands) December 31, 2021 Carrying Fair Amount Value Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 180,823 $ 180,832 $ 180,823 $ - $ - Interest-bearing time deposits 10,913 10,933 - 10,933 - Securities - available-for-sale 429,931 429,931 89,177 335,981 4,773 Other securities 8,162 8,162 - - 8,162 Loans held for sale 7,714 7,844 - - 7,844 Loans, net 1,841,177 1,864,386 - - 1,864,386 Interest receivable 7,209 7,209 - - 7,209 Financial Liabilities: Interest bearing deposits $ 1,248,294 $ 1,248,044 $ - $ - $ 1,248,044 Non-interest bearing deposits 473,689 473,689 - 473,689 - Time deposits 471,479 475,810 - - 475,810 Total Deposits 2,193,462 2,197,543 - 473,689 1,723,854 Federal funds purchased and securities sold under agreement to repurchase 29,268 29,268 - - 29,268 Federal Home Loan Bank advances 24,065 24,305 - - 24,305 Other borrowings 40,000 40,000 - 40,000 - Subordinated notes, net of unamortized issuance costs 34,471 35,000 - 35,000 - Interest payable 1,125 1,125 - - 1,125 Fair Value Measurements: In general, fair values determined by Level 1 inputs use quoted prices in active markets for identical assets or liabilities in active markets that the Company has the ability to access. Available-for-sale securities, when quoted prices are available in an active market, securities are valued using the quoted price and are classified as Level 1. Fair values determined by Level 2 inputs use other inputs that are observable, either directly or indirectly. These Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and other inputs such as interest rates and yield curves that are observable at commonly quoted intervals. Available-for-sale securities classified as Level 2 are valued using the prices obtained from an independent pricing service. The prices are not adjusted. Securities of obligations of state and political subdivisions are valued using a type of matrix, or grid, pricing in which securities are benchmarked against the treasury rate based on credit rating. Substantially all assumptions used by the independent pricing service are observable in the marketplace, can be derived from observable data, or are supported by observable levels at which transactions are executed in the marketplace. Level 3 inputs are unobservable inputs, including inputs that are available in situations where there is little, if any, market activity for the related asset or liability. The Bank holds some local municipals that the Bank evaluates based on the credit strength of the underlying project. The fair value is determined by valuing similar credit payment streams at similar rates. In instances where inputs used to measure fair value fall into different levels in the above fair value hierarchy, fair value measurements in their entirety are categorized based on the lowest level input that is significant to the valuation. The Company's assessment of the significance of particular inputs to these fair value measurements requires judgment and considers factors specific to each asset. The following summarizes financial assets measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021, segregated by level or the valuation inputs within the fair value hierarchy utilized to measure fair value: Assets and Liabilities Measured at Fair Value on a Recurring Basis (In Thousands) June 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets - (Securities Available-for-Sale) U.S. Treasury $ 97,100 $ - $ - U.S. Government agencies - 141,512 - Mortgage-backed securities - 93,981 - State and local governments - 63,680 3,414 Total Securities Available-for-Sale $ 97,100 $ 299,173 $ 3,414 December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets - (Securities Available-for-Sale) U.S. Treasury $ 89,177 $ - $ - U.S. Government agencies - 156,886 - Mortgage-backed securities - 117,927 - State and local governments - 61,168 4,773 Total Securities Available-for-Sale $ 89,177 $ 335,981 $ 4,773 The following tables represent the changes in the Level 3 fair-value category of which unobservable inputs are relied upon as of the three and six month periods ended June 30, 2022 and June 30, 2021. For the three month period ended March 31, 2022, there was one security transfer from Level 3 to Level 2. (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at April 1, 2022 $ 2,108 $ 1,394 $ 3,502 Change in Market Value (19 ) (69 ) (88 ) Purchases - Payments & Maturities - Reclassification & Adjustments - Balance at June 30, 2022 $ 2,089 $ 1,325 $ 3,414 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at April 1, 2021 $ - $ 1,539 $ 1,539 Change in Market Value (8 ) (1 ) (9 ) Purchases 2,418 - 2,418 Payments & Maturities - - - Reclassification & Adjustments - - - Balance at June 30, 2021 $ 2,410 $ 1,538 $ 3,948 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at January 1, 2022 $ 2,307 $ 2,466 $ 4,773 Change in Market Value (58 ) (152 ) (210 ) Purchases - - - Payments & Maturities (160 ) - (160 ) Reclassification & Adjustments - (989 ) (989 ) Balance at June 30, 2022 $ 2,089 $ 1,325 $ 3,414 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at January 1, 2021 $ - $ 1,562 $ 1,562 Change in Market Value (8 ) (24 ) (32 ) Purchases 2,418 - 2,418 Payments & Maturities - - - Reclassification & Adjustments - - - Balance at June 30, 2021 $ 2,410 $ 1,538 $ 3,948 Most of the Company's available-for-sale securities, including any bonds issued by local municipalities, have CUSIP numbers or have similar characteristics of those in the municipal markets, making them marketable and comparable as Level 2. The Company also has assets that, under certain conditions, are subject to measurement at fair value on a non-recurring basis. At June 30, 2022 and December 31, 2021, such assets consist primarily of collateral dependent impaired loans. Collateral dependent impaired loans categorized as Level 3 assets consist of non-homogeneous loans that are considered impaired. The Company estimates the fair value of the loans based on the present value of expected future cash flows using management's best estimate of key assumptions. These assumptions include future payment ability, timing of payment streams, and estimated realizable values of available collateral (typically based on outside appraisals.) At June 30, 2022 and December 31, 2021, fair value of collateral dependent impaired loans categorized as Level 3 was $2.6 million and $8.5 million, respectively. The specific allocation for impaired loans was $2.4 million and $2.2 million as of June 30, 2022 and December 31, 2021, respectively, which are accounted for in the allowance for loan losses (see Note 4). During 2021, impairment was recognized on mortgage servicing rights based upon the independent third party’s quarterly valuations. A valuation allowance was established by strata to quantify the likely impairment of the value of the mortgage servicing rights to the Company. If the carrying amount of an individual strata exceeds the fair value, impairment was recorded on that strata so the servicing asset was carried at fair value. Impairment was $ 189 thousand at June 30, 2022 and $ 414 thousand at December 31, 2021. Other real estate is reported at either the lower of the fair value of the real estate minus the estimated costs to sell the asset or the cost of the asset. The determination of fair value of the real estate relies primarily on appraisals from third parties. If the fair value of the real estate, minus the estimated costs to sell the asset, is less than the asset's cost, the deficiency is recognized as a valuation allowance against the asset through a charge to expense. The valuation allowance is therefore increased or decreased, through charges or credits to expense, for changes in the asset's fair value or estimated selling costs. The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements: (In Thousands) Range Fair Value at (Weighted June 30, 2022 Valuation Technique Unobservable Inputs Average) State and local government $ 3,414 Discounted Cash Flow Credit strength of underlying project or entity / Discount rate 1.84-4.08% (3.35%) Collateral dependent impaired loans 2,570 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 20.00-22.18% (22.05%) Mortgage servicing rights 3,426 Discounted Cash Flow Constant prepayment rate and probability of default / Discount rate 15.24-55.96% (17.30%) (In Thousands) Range Fair Value at (Weighted December 31, 2021 Valuation Technique Unobservable Inputs Average) State and local government $ 4,773 Discounted Cash Flow Credit strength of underlying project or entity / Discount rate 0.21-1.77% (1.33%) Collateral dependent impaired loans 8,527 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 20.00-53.95% (34.78%) Mortgage servicing rights 3,157 Discounted Cash Flow Constant prepayment rate and probability of default / Discount rate 1.94-27.70% (18.44%) Other real estate owned - residential 99 Appraisals Discount to reflect current market 32.72% (32.72%) The following table presents assets measured at fair value on a nonrecurring basis at June 30, 2022 and December 31, 2021: Assets Measured at Fair Value on a Nonrecurring Basis at June 30, 2022 (In Thousands) Balance at June 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Collateral dependent impaired loans $ 2,570 $ - $ - $ 2,570 Mortgage servicing rights 3,426 - - 3,426 Other real estate owned - residential - - - - Assets Measured at Fair Value on a Nonrecurring Basis at December 31, 2021 (In Thousands) Balance at December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Collateral dependent impaired loans $ 8,527 $ - $ - $ 8,527 Mortgage servicing rights 3,157 - - 3,157 Other real estate owned - residential 99 - - 99

Federal Funds Purchased and Sec

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase	6 Months Ended
	Jun. 30, 2022
Brokers And Dealers [Abstract]
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase	NOTE 7 FEDERAL FUNDS PURCHASED AND SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE The Company had $39.1 million in federal funds purchased as of June 30, 2022 and no federal funds purchased as of December 31, 2021. During the same time periods, the Company had $32.9 million and $29.3 million in securities sold under agreement to repurchase. June 30, 2022 Remaining Contractual Maturity of the Agreements (In Thousands) Overnight & Continuous Up to 30 days 30-90 Greater Than 90 days Total Federal funds purchased $ 39,055 $ - $ - $ - $ 39,055 Repurchase agreements US Treasury & agency securities $ 1,449 $ 5,880 $ 25,560 $ 32,889 Total $ 40,504 $ - $ 5,880 $ 25,560 $ 71,944 December 31, 2021 Remaining Contractual Maturity of the Agreements (In Thousands) Overnight & Continuous Up to 30 days 30-90 Greater Than 90 days Total Federal funds purchased $ - $ - $ - $ - $ - Repurchase agreements US Treasury & agency securities $ 1,062 $ - $ 3,900 $ 24,306 $ 29,268 Total $ 1,062 $ - $ 3,900 $ 24,306 $ 29,268

Subordinated Notes

Subordinated Notes	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Subordinated Notes	NOTE 8 SUBORDINATED NOTES On July 30, 2021, the Company announced the completion of a private placement of $35 million aggregate principal amount of its 3.25% fixed-to-floating rate subordinated notes due July 30, 2031 (the “Notes”) to various accredited investors (the “Offering”). The price for the Notes was 100% of the principal amount of the Notes. The Notes qualify as Tier 2 capital for regulatory purposes. The Company intended to use the net proceeds from the Offering for general corporate purposes, including financing acquisitions and organic growth. Interest on the Notes will accrue at a rate equal to (i) 3.25% per annum from the original issue date to, but excluding, the five-year June 30, 2022 December 31, 2021 (In Thousands) Principal Unamortized Note Issuance Costs Principal Unamortized Note Issuance Costs Subordinated Notes $ 35,000 $ (472 ) $ 35,000 $ (529 )

Proposed Business Combination

Proposed Business Combination	6 Months Ended
	Jun. 30, 2022
Business Combinations [Abstract]
Proposed Business Combination	NOTE 9 PROPOSED BUSINESS COMBINATION On June 14, 2022, Farmers & Merchants Bancorp, Inc., an Ohio corporation (“F&M”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Peoples-Sidney Financial Corporation, a Delaware corporation (“PPSF”), which provides for the merger of PPSF with and into F&M (the “Merger”) and the merger of PPSF’s wholly-owned banking subsidiary, Peoples Federal Savings and Loan Association (“Peoples Bank”), with and into F&M’s wholly-owned banking subsidiary, The Farmers & Merchants State Bank (“F&M Bank”). All of the outstanding shares of PPSF’s common stock will be converted into the right to receive the cash or stock consideration as described in, and subject to, the terms and conditions of the Merger Agreement. Based on the closing price of F&M’s common stock on June 14, 2022, of $34.28 per share, the transaction value for the shares of common stock and cash to be paid is approximately $27 million. The transaction is expected to be a tax-free stock exchange for PPSF’s shareholders who will be receiving F&M’s common stock pursuant to the Merger. Subject to PPSF’s shareholders’ approval of the Merger, regulatory approvals and other customary closing conditions, the parties anticipate completing the Merger in the third or fourth quarter of 2022. A copy of the Merger Agreement is filed as Exhibit 2.1 and incorporated herein by reference. The Boards of Directors of each of F&M and PPSF have approved the Merger Agreement. The members of the Board of Directors of PPSF have entered into a Voting Agreement pursuant to which each of them has agreed to vote their shares of PPSF common stock in favor of the Merger. A copy of the form of Voting Agreement is attached to the Merger Agreement as Exhibit B. Subject to the terms and conditions of the Merger Agreement, upon the completion of the Merger, PPSF shareholders will have the opportunity to elect to receive either 0.6597 shares of FMAO stock or $24.00 per share in cash for each PPSF share owned, subject to a requirement under the Merger Agreement that the minimum number of PPSF Shares exchanged for F&M Shares in the Merger shall be no less than 758,566. Fractional shares of F&M common stock will not be issued in respect of fractional interests arising from the Merger but will be paid in cash pursuant to the Merger Agreement.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2022
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 10 RECENT ACCOUNTING PRONOUNCEMENTS In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13 “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The ASU is effective for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 (i.e., January 1, 2020, for calendar year entities). FASB subsequently approved a delay in adoption for Smaller Reporting Companies. The Company has completed an analysis to determine that it qualifies as a Smaller Reporting Company. As such, adoption can be postponed until periods beginning after December 15, 2022 (i.e., January 1, 2023, for calendar year entities). Early application will be permitted for all organizations for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company began working with a third-party service provider to review methodology options starting in June 2019. At the end of first quarter 2022, the Company evaluated and refined its methodology and produced a parallel report for the calculation of the ALLL under the ASU guidance. Management intends to continue its evaluation during the third quarter, including analysis of the effects of the pending acquisition, and will refine the methodology as necessary as the Company works towards ASU implementation and adoption. The Company will adopt ASU 2016-13 on January 1, 2023.

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 10 RECENT ACCOUNTING PRONOUNCEMENTS In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13 “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The ASU is effective for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 (i.e., January 1, 2020, for calendar year entities). FASB subsequently approved a delay in adoption for Smaller Reporting Companies. The Company has completed an analysis to determine that it qualifies as a Smaller Reporting Company. As such, adoption can be postponed until periods beginning after December 15, 2022 (i.e., January 1, 2023, for calendar year entities). Early application will be permitted for all organizations for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company began working with a third-party service provider to review methodology options starting in June 2019. At the end of first quarter 2022, the Company evaluated and refined its methodology and produced a parallel report for the calculation of the ALLL under the ASU guidance. Management intends to continue its evaluation during the third quarter, including analysis of the effects of the pending acquisition, and will refine the methodology as necessary as the Company works towards ASU implementation and adoption. The Company will adopt ASU 2016-13 on January 1, 2023.

Business Combination and Asse_2

Business Combination and Asset Purchase (Tables)	6 Months Ended
	Jun. 30, 2022
Business Acquisition [Line Items]
Summary of Consideration Paid and Amounts of Assets Acquired and Liabilities Assumed Recognized	The following table summarizes the consideration paid for Ossian State Bank and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. Fair Value of Consideration Transferred (In Thousands) Cash $ 20,001 Total $ 20,001 Recognized amounts of identifiable assets acquired and liabilities assumed Assets Cash and cash equivalents $ 20,229 Interest-bearing time deposits 20,226 Securities - available-for-sale 30,243 Other securities, at cost 281 Loans, net 52,403 Premises and equipment 494 Goodwill 7,874 Other assets 5,308 Total Assets Purchased $ 137,058 Liabilities Deposits Noninterest bearing $ 34,509 Interest bearing 81,535 Total deposits 116,044 Accrued expenses and other liabilities 1,013 Total Liabilities Assumed $ 117,057
Summary of Carrying Amount of Loans	The carrying amount of those loans is included in loans, net on the balance sheet at June 30, 2022. The amounts of loans at April 30, 2021, December 31, 2021 and June 30, 2022 are as follows: (In Thousands) Balance - April 30, 2021 Consumer Real Estate $ 24 Agricultural Real Estate 981 Commercial Real Estate 315 Commercial & Industrial 314 Carrying amount, net of fair value adjustment of $325 $ 1,309 Balance - December 31, 2021 Consumer Real Estate $ 22 Agricultural Real Estate - Commercial Real Estate 222 Commercial & Industrial 285 Carrying amount, net of fair value adjustment of $321 $ 208 Balance - June 30, 2022 Consumer Real Estate $ 20 Agricultural Real Estate - Commercial Real Estate 90 Commercial & Industrial 65 Carrying amount, net of fair value adjustment of $83 $ 92
Summary of Loans Acquired and Contractually Required Payments Receivable	Loans acquired during 2021 for which it was probable at acquisition that all contractually required payments would not be collected are as follows: (In Thousands) Contractually required payments receivable at acquisition Consumer Real Estate $ 28 Agricultural Real Estate 1,142 Commercial Real Estate 527 Commercial & Industrial 360 Total required payments receivable $ 2,057 Cash flows expected to be collected at acquisition $ 1,309 Basis in acquired loans at acquisition $ 1,634
Summary of Changes in Accretable Yield or Income Expected to be Collected	Changes in accretable yield, or income expected to be collected, for the three and six months ended are as follows: Three Months Ended June 30, 2022 Three Months Ended June 30, 2021 Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (In Thousands) (In Thousands) (In Thousands) (In Thousands) Beginning Balance $ 1,097 $ 1,542 $ 1,198 $ 1,653 Additions 3 4 8 5 Accretion (106 ) (107 ) (212 ) (215 ) Reclassification from nonaccretable difference - - - - Disposals - - - (4 ) Ending Balance $ 994 $ 1,439 $ 994 $ 1,439
Schedule of Pro-forma Results	The following schedule includes pro-forma results for the three and six months ended June 30, 2022 and 2021 as if the Ossian State Bank and Perpetual Federal Savings Bank acquisitions had occurred as of the beginning of the comparable prior reporting period. (in thousands of dollars, except per share data) (in thousands of dollars, except per share data) Three Months Ended Six Months Ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Summary of Operations Net Interest Income - Before Provision for Loan Losses $ 21,864 $ 19,645 $ 41,647 $ 38,895 Provision for Loan Losses 1,628 641 2,208 2,342 Net Interest Income After Provision for Loan Losses 20,236 19,004 39,439 36,553 Noninterest Income 3,319 4,141 7,662 9,367 Noninterest Expense 13,234 13,214 26,727 27,269 Income Before Income Taxes 10,321 9,931 20,374 18,651 Income Taxes 2,050 2,046 4,001 3,668 Net Income $ 8,271 $ 7,885 $ 16,373 $ 14,983 Basic and Diluted Earnings Per Share $ 0.63 $ 0.61 $ 1.25 $ 1.15
Schedule of Annual Amortization of Core Deposit Intangible Assets	Annual amortization of core deposit intangible assets is as follows: (In Thousands) Geneva Ossian Perpetual Total 2022 $ 560 $ 140 $ 95 $ 795 2023 560 140 95 795 2024 560 140 95 795 2025 560 140 95 795 2026 - 140 95 235 Thereafter - 187 169 356 $ 2,240 $ 887 $ 644 3,771
Customer Lists [Member]
Business Acquisition [Line Items]
Schedule of Annual Amortization of Core Deposit Intangible Assets	Annual amortization expense of customer list intangible is as follows: (In Thousands) Adams County Financial Resources 2022 $ 123 2023 123 2024 123 2025 123 2026 123 Thereafter 47 $ 662
Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Summary of Consideration Paid and Amounts of Assets Acquired and Liabilities Assumed Recognized	The following table summarizes the consideration paid for Perpetual Federal Savings Bank and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. Fair Value of Consideration Transferred (In Thousands) Cash $ 59,234 Common Shares 41,078 Total $ 100,312 Recognized amounts of identifiable assets acquired and liabilities assumed Assets Cash and cash equivalents $ 44,975 Federal funds sold 1,672 Interest-bearing time deposits 6,250 Other securities, at cost 2,794 Loans, net 334,661 Premises and equipment 615 Goodwill 25,220 Other assets 3,975 Total Assets Purchased $ 420,162 Liabilities Deposits Noninterest bearing $ 2,018 Interest bearing 309,090 Total deposits 311,108 Federal Home Loan Bank (FHLB) advances 6,218 Accrued expenses and other liabilities 2,524 Total Liabilities Assumed $ 319,850
Summary of Carrying Amount of Loans	The carrying amount of those loans is included in loans, net on the balance sheet at June 30, 2022. The amounts of loans at October 1, 2021, December 31, 2021 and June 30, 2022 are as follows: (In Thousands) Balance - October 1, 2021 Consumer Real Estate $ 608 Agricultural Real Estate 118 Commercial Real Estate 234 Commercial & Industrial 5 Carrying amount, net of fair value adjustment of $237 $ 728 Balance - December 31, 2021 Consumer Real Estate $ 581 Agricultural Real Estate 114 Commercial Real Estate 5 Commercial & Industrial - Carrying amount, net of fair value adjustment of $190 $ 510 Balance - June 30, 2022 Consumer Real Estate $ 349 Agricultural Real Estate 109 Commercial Real Estate - Commercial & Industrial - Carrying amount, net of fair value adjustment of $142 $ 316
Summary of Loans Acquired and Contractually Required Payments Receivable	Loans acquired during 2021 for which it was probable at acquisition that all contractually required payments would not be collected are as follows: (In Thousands) Contractually required payments receivable at acquisition Consumer Real Estate $ 962 Agricultural Real Estate 146 Commercial Real Estate 293 Commercial & Industrial 6 Total required payments receivable $ 1,407 Cash flows expected to be collected at acquisition $ 728 Basis in acquired loans at acquisition $ 965
Summary of Changes in Accretable Yield or Income Expected to be Collected	Changes in accretable yield, or income expected to be collected, are as follows: Three Months Ended June 30, 2022 Three Months Ended June 30, 2021 Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (In Thousands) (In Thousands) (In Thousands) (In Thousands) Beginning Balance $ 5,004 $ - $ 5,262 $ - Additions 33 - 97 - Accretion (327 ) - (649 ) - Reclassification from nonaccretable difference - - - - Disposals - - - - Ending Balance $ 4,710 $ - $ 4,710 $ -
Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Summary of Changes in Accretable Yield or Income Expected to be Collected	Changes in accretable yield, or income expected to be collected, are as follows: Three Months Ended June 30, 2022 Three Months Ended June 30, 2021 Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 (In Thousands) (In Thousands) (In Thousands) (In Thousands) Beginning Balance $ 601 $ - $ 645 $ - Additions - 762 - 762 Accretion (44 ) (29 ) (88 ) (29 ) Reclassification from nonaccretable difference - - - - Disposals - - - - Ending Balance $ 557 $ 733 $ 557 $ 733

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investments Debt And Equity Securities [Abstract]
Amortized Cost and Fair Value of Securities with Gross Unrealized Gains and Losses	The amortized cost and fair value of securities, with gross unrealized gains and losses at June 30, 2022 and December 31, 2021, are as follows (In Thousands) June 30, 2022 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value Available-for-Sale: U.S. Treasury $ 105,435 $ - $ (8,335 ) $ 97,100 U.S. Government agencies 155,489 - (13,977 ) 141,512 Mortgage-backed securities 105,994 - (12,013 ) 93,981 State and local governments 72,341 83 (5,330 ) 67,094 Total available-for-sale securities $ 439,259 $ 83 $ (39,655 ) $ 399,687 (In Thousands) December 31, 2021 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value Available-for-Sale: U.S. Treasury $ 90,775 $ - $ (1,598 ) $ 89,177 U.S. Government agencies 159,673 695 (3,482 ) 156,886 Mortgage-backed securities 118,550 839 (1,462 ) 117,927 State and local governments 64,964 1,498 (521 ) 65,941 Total available-for-sale securities $ 433,962 $ 3,032 $ (7,063 ) $ 429,931
Gross Unrealized Losses, Aggregated by Investment Category and Length of Time	Information pertaining to securities with gross unrealized losses at June 30, 2022 and December 31, 2021, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows: (In Thousands) June 30, 2022 Less Than Twelve Months Twelve Months & Over Total Gross Unrealized Fair Gross Unrealized Fair Gross Unrealized Fair Losses Value Losses Value Losses Value U.S. Treasury $ (5,170 ) $ 71,736 $ (3,165 ) $ 6,774 $ (8,335 ) $ 78,510 U.S. Government agencies (4,305 ) 55,400 (9,672 ) 102,702 (13,977 ) 158,102 Mortgage-backed securities (6,432 ) 61,720 (5,581 ) 32,261 (12,013 ) 93,981 State and local governments (4,063 ) 52,771 (1,267 ) 6,575 (5,330 ) 59,346 Total available-for-sale securities $ (19,970 ) $ 241,627 $ (19,685 ) $ 148,312 $ (39,655 ) $ 389,939 (In Thousands) December 31, 2021 Less Than Twelve Months Twelve Months & Over Total Gross Unrealized Fair Gross Unrealized Fair Gross Unrealized Fair Losses Value Losses Value Losses Value U.S. Treasury $ (1,598 ) $ 89,177 $ - $ - $ (1,598 ) $ 89,177 U.S. Government agencies (1,898 ) 86,739 (1,584 ) 41,738 (3,482 ) 128,477 Mortgage-backed securities (1,050 ) 63,157 (412 ) 16,434 (1,462 ) 79,591 State and local governments (296 ) 17,727 (225 ) 5,487 (521 ) 23,214 Total available-for-sale securities $ (4,842 ) $ 256,800 $ (2,221 ) $ 63,659 $ (7,063 ) $ 320,459
Gross Realized Gains and Losses	Below are the gross realized gains and losses for the three and six months ended June 30, 2022 and June 30, 2021. Three Months Six Months (In Thousands) (In Thousands) 2022 2021 2022 2021 Gross realized gains $ - $ - $ - $ 293 Gross realized losses - - - - Net realized gains $ - $ - $ - $ 293 Tax expense related to net realized gains $ - $ - $ - $ 62
Amortized Cost and Fair Value of Debt Securities, by Contractual Maturity	The amortized cost and fair value of debt securities at June 30, 2022, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value One year or less $ 6,479 $ 6,423 After one year through five years 182,012 170,399 After five years through ten years 143,265 127,389 After ten years 1,509 1,495 Total $ 333,265 $ 305,706 Mortgage-backed securities 105,994 93,981 Total $ 439,259 $ 399,687

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Loans	Loan balances as of June 30, 2022 and December 31, 2021 are summarized below: (In Thousands) Loans: June 30, 2022 December 31, 2021 Consumer Real Estate $ 410,450 $ 395,873 Agricultural Real Estate 199,972 198,343 Agricultural 127,143 118,368 Commercial Real Estate 979,176 848,477 Commercial and Industrial 232,975 208,270 Consumer 55,411 57,737 Other 31,243 32,089 2,036,370 1,859,157 Less: Net deferred loan fees and costs (1,552 ) (1,738 ) 2,034,818 1,857,419 Less: Allowance for loan losses (18,424 ) (16,242 ) Loans - Net $ 2,016,394 $ 1,841,177
Distribution of Fixed Rate Loans and Variable Rate Loans by Major Loan Category	The distribution of fixed rate loans and variable rate loans by major loan category is as follows as of June 30, 2022: (In Thousands) Fixed Variable Consumer Real Estate $ 309,221 $ 101,229 Agricultural Real Estate 127,103 72,869 Agricultural 48,479 78,664 Commercial Real Estate 787,908 191,268 Commercial and Industrial 109,452 123,523 Consumer 54,462 949 Other 21,341 9,902
Contractual Aging of Recorded Investment in Past Due Loans by Portfolio Classification of Loans	The following table represents the contractual aging of the recorded investment (in thousands) in past due loans by portfolio classification of loans as of June 30, 2022 and December 31, 2021, net of deferred loan fees and costs: June 30, 2022 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Financing Receivables Recorded Investment > 90 Days and Accruing Consumer Real Estate $ 964 $ 52 $ 164 $ 1,180 $ 409,288 $ 410,468 $ - Agricultural Real Estate - 1,550 - 1,550 198,100 199,650 - Agricultural 42 662 112 816 126,524 127,340 - Commercial Real Estate 15 - 180 195 977,393 977,588 - Commercial and Industrial - 9 275 284 263,840 264,124 - Consumer 11 63 - 74 55,574 55,648 - Total $ 1,032 $ 2,336 $ 731 $ 4,099 $ 2,030,719 $ 2,034,818 $ - December 31, 2021 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Total Past Due Current Total Financing Receivables Recorded Investment > 90 Days and Accruing Consumer Real Estate $ 228 $ - $ 246 $ 474 $ 395,331 $ 395,805 $ - Agricultural Real Estate 436 - - 436 197,597 198,033 - Agricultural - - - - 118,504 118,504 - Commercial Real Estate - - 180 180 846,930 847,110 - Commercial and Industrial 21 131 149 301 239,837 240,138 - Consumer 64 - - 64 57,765 57,829 - Total $ 749 $ 131 $ 575 $ 1,455 $ 1,855,964 $ 1,857,419 $ -
Recorded Investment in Nonaccrual Loans by Portfolio Class of Loans	The following table presents the recorded investment in nonaccrual loans by class of loans as of June 30, 2022 and December 31, 2021: (In Thousands) June 30, 2022 December 31, 2021 Consumer Real Estate $ 513 $ 824 Agricultural Real Estate 2,023 6,477 Agricultural 1,296 20 Commercial Real Estate 1,136 600 Commercial & Industrial 275 149 Consumer 4 6 Total $ 5,247 $ 8,076
Risk Category of Loans by Portfolio Class	The following table represents the risk category of loans by portfolio class, net of deferred fees and costs, based on the most recent analysis performed as of June 30, 2022 and December 31, 2021: (In Thousands) Agricultural Commercial Commercial Real Estate Agricultural Real Estate and Industrial Other June 30, 2022 1-2 $ 9,736 $ 4,935 $ 10,142 $ 1,210 $ - 3 43,788 33,656 269,520 58,423 11,202 4 132,745 87,177 665,350 168,392 20,041 5 4,440 365 15,705 916 - 6 8,941 1,207 16,871 3,940 - 7 - - - - - 8 - - - - - Total $ 199,650 $ 127,340 $ 977,588 $ 232,881 $ 31,243 Agricultural Commercial Commercial Real Estate Agricultural Real Estate and Industrial Other December 31, 2021 1-2 $ 8,720 $ 4,178 $ 10,894 $ 4,604 $ - 3 42,180 38,623 238,132 46,547 11,408 4 129,301 75,164 568,038 152,736 20,681 5 4,599 227 14,509 986 - 6 13,233 312 15,537 3,176 - 7 - - - - - 8 - - - - - Total $ 198,033 $ 118,504 $ 847,110 $ 208,049 $ 32,089
Recorded Investment for Consumer Loans, Credit Quality based on Status of Loan and Payment Activity	The following tables present the recorded investment in those classes based on payment activity and assigned risk grading as of June 30, 2022 and December 31, 2021. (In Thousands) Consumer Consumer Real Estate Real Estate June 30, 2022 December 31, 2021 Grade Pass $ 408,315 $ 392,940 Special Mention (5) 851 1,673 Substandard (6) 1,302 1,192 Doubtful (7) - - Total $ 410,468 $ 395,805 (In Thousands) Consumer - Credit Consumer - Other June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Performing $ 19 $ 3,906 $ 55,560 $ 53,820 Nonperforming - 13 69 90 Total $ 19 $ 3,919 $ 55,629 $ 53,910
Schedule of Impaired Loans	Information about impaired loans as of June 30, 2022, December 31, 2021 and June 30, 2021 are as follows: (In Thousands) June 30, 2022 December 31, 2021 June 30, 2021 Impaired loans without a valuation allowance $ 5,680 $ 1,228 $ 3,063 Impaired loans with a valuation allowance 4,989 10,711 8,976 Total impaired loans $ 10,669 $ 11,939 $ 12,039 Valuation allowance related to impaired loans $ 2,419 $ 2,184 $ 1,156 Total non-accrual loans $ 5,247 $ 8,076 $ 7,031 Total loans past-due ninety days or more and still accruing $ - $ - $ - Quarter ended average investment in impaired loans $ 9,748 $ 11,676 $ 12,206 Year to date average investment in impaired loans $ 11,258 $ 12,247 $ 12,836
Impaired Loans Classified as Troubled Debt Restructured	Pre- Post- Pre- Post- Three Months Number of Modification Modification Six Months Number of Modification Modification June 30, 2022 Contracts Outstanding Outstanding June 30, 2022 Contracts Outstanding Outstanding (in thousands) Modified in the Recorded Recorded (in thousands) Modified in the Recorded Recorded Troubled Debt Restructurings Last Three Months Investment Investment Troubled Debt Restructurings Last Six Months Investment Investment Commercial Real Estate - - - Commercial Real Estate - - - Pre- Post- Pre- Post- Three Months Number of Modification Modification Six Months Number of Modification Modification June 30, 2021 Contracts Outstanding Outstanding June 30, 2021 Contracts Outstanding Outstanding (in thousands) Modified in the Recorded Recorded (in thousands) Modified in the Recorded Recorded Troubled Debt Restructurings Last Three Months Investment Investment Troubled Debt Restructurings Last Six Months Investment Investment Commercial Real Estate 1 382 382 Commercial Real Estate 1 382 382
Loans Individually Evaluated for Impairment by Portfolio Class of Loans	The following tables present loans individually evaluated for impairment by class of loans for the three and six months ended June 30, 2022 and June 30, 2021 and for the year ended December 31, 2021. (In Thousands) QTD QTD QTD Interest Three Months Ended June 30, 2022 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 657 $ 657 $ - $ 390 $ 1 $ 4 Agricultural Real Estate 2,414 2,518 - 2,247 6 3 Agricultural 1,296 1,296 - 445 - 1 Commercial Real Estate 1,148 1,148 - 1,323 7 14 Commercial and Industrial 145 145 - 207 - 10 Consumer 20 20 - 20 - With a specific allowance recorded: Consumer Real Estate - - - - - - Agricultural Real Estate - - - - - - Agricultural - - - - - - Commercial Real Estate 2,985 2,985 573 3,105 38 - Commercial and Industrial 2,004 2,004 1,846 2,011 52 - Consumer - - - - - - Totals: Consumer Real Estate $ 657 $ 657 $ - $ 390 $ 1 $ 4 Agricultural Real Estate $ 2,414 $ 2,518 $ - $ 2,247 $ 6 $ 3 Agricultural $ 1,296 $ 1,296 $ - $ 445 $ - $ 1 Commercial Real Estate $ 4,133 $ 4,133 $ 573 $ 4,428 $ 45 $ 14 Commercial and Industrial $ 2,149 $ 2,149 $ 1,846 $ 2,218 $ 52 $ 10 Consumer $ 20 $ 20 $ - $ 20 $ - $ - (In Thousands) Interest Year Ended December 31, 2021 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 604 $ 604 $ - $ 456 $ 5 $ 15 Agricultural Real Estate 423 423 - 1,000 33 - Agricultural - - - 143 18 3 Commercial Real Estate 180 180 - 1,445 70 9 Commercial and Industrial 21 21 - 920 24 158 Consumer - - - 17 - - With a specific allowance recorded: Consumer Real Estate - - - 59 - - Agricultural Real Estate 6,302 6,406 691 5,414 54 - Agricultural 20 20 1 94 - - Commercial Real Estate 3,381 3,381 664 2,199 70 3 Commercial and Industrial 982 982 825 498 17 - Consumer 26 26 3 2 1 - Totals: Consumer Real Estate $ 604 $ 604 $ - $ 515 $ 5 $ 15 Agricultural Real Estate $ 6,725 $ 6,829 $ 691 $ 6,414 $ 87 $ - Agricultural $ 20 $ 20 $ 1 $ 237 $ 18 $ 3 Commercial Real Estate $ 3,561 $ 3,561 $ 664 $ 3,644 $ 140 $ 12 Commercial and Industrial $ 1,003 $ 1,003 $ 825 $ 1,418 $ 41 $ 158 Consumer $ 26 $ 26 $ 3 $ 19 $ 1 $ - (In Thousands) QTD QTD QTD Interest Three Months Ended June 30, 2021 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 770 $ 823 $ - $ 494 $ 1 $ 3 Agricultural Real Estate 728 728 - 994 22 - Agricultural 131 231 - 184 4 - Commercial Real Estate 181 181 - 480 4 3 Commercial and Industrial 1,236 1,367 - 1,298 6 2 Consumer 17 27 - 19 - - With a specific allowance recorded: Consumer Real Estate - - - 55 - - Agricultural Real Estate 5,794 5,794 914 5,556 - - Agricultural 117 117 117 39 - - Commercial Real Estate 3,065 3,065 125 3,087 27 3 Commercial and Industrial - - - - - - Consumer - - - - - - Totals: Consumer Real Estate $ 770 $ 823 $ - $ 549 $ 1 $ 3 Agricultural Real Estate $ 6,522 $ 6,522 $ 914 $ 6,550 $ 22 $ - Agricultural $ 248 $ 348 $ 117 $ 223 $ 4 $ - Commercial Real Estate $ 3,246 $ 3,246 $ 125 $ 3,567 $ 31 $ 6 Commercial and Industrial $ 1,236 $ 1,367 $ - $ 1,298 $ 6 $ 2 Consumer $ 17 $ 27 $ - $ 19 $ - $ - (In Thousands) YTD YTD YTD Interest Six Months Ended June 30, 2022 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 657 $ 657 $ - $ 381 $ 2 $ 6 Agricultural Real Estate 2,414 2,518 - 1,696 13 5 Agricultural 1,296 1,296 - 233 - 1 Commercial Real Estate 1,148 1,148 - 991 11 19 Commercial and Industrial 145 145 - 231 2 10 Consumer 20 20 - 19 1 - With a specific allowance recorded: Consumer Real Estate - - - - - - Agricultural Real Estate - - - 2,775 - - Agricultural - - - - - - Commercial Real Estate 2,985 2,985 573 3,426 74 - Commercial and Industrial 2,004 2,004 1,846 1,502 65 - Consumer - - - 4 - - Totals: Consumer Real Estate $ 657 $ 657 $ - $ 381 $ 2 $ 6 Agricultural Real Estate $ 2,414 $ 2,518 $ - $ 4,471 $ 13 $ 5 Agricultural $ 1,296 $ 1,296 $ - $ 233 $ - $ 1 Commercial Real Estate $ 4,133 $ 4,133 $ 573 $ 4,417 $ 85 $ 19 Commercial and Industrial $ 2,149 $ 2,149 $ 1,846 $ 1,733 $ 67 $ 10 Consumer $ 20 $ 20 $ - $ 23 $ 1 $ - (In Thousands) YTD YTD YTD Interest Six Months Ended June 30, 2021 Unpaid Average Interest Income Recorded Principal Related Recorded Income Recognized Investment Balance Allowance Investment Recognized Cash Basis With no related allowance recorded: Consumer Real Estate $ 770 $ 823 $ - $ 501 $ 3 $ 7 Agricultural Real Estate 728 728 - 1,262 44 - Agricultural 131 231 - 176 6 - Commercial Real Estate 181 181 - 1,393 8 6 Commercial and Industrial 1,236 1,367 - 1,546 23 3 Consumer 17 27 - 20 - - With a specific allowance recorded: Consumer Real Estate - - - 117 - - Agricultural Real Estate 5,794 5,794 914 5,357 - - Agricultural 117 117 117 127 - - Commercial Real Estate 3,065 3,065 125 2,002 54 3 Commercial and Industrial - - - 335 - - Consumer - - - - - - Totals: Consumer Real Estate $ 770 $ 823 $ - $ 618 $ 3 $ 7 Agricultural Real Estate $ 6,522 $ 6,522 $ 914 $ 6,619 $ 44 $ - Agricultural $ 248 $ 348 $ 117 $ 303 $ 6 $ - Commercial Real Estate $ 3,246 $ 3,246 $ 125 $ 3,395 $ 62 $ 9 Commercial and Industrial $ 1,236 $ 1,367 $ - $ 1,881 $ 23 $ 3 Consumer $ 17 $ 27 $ - $ 20 $ - $ -
Summary of Activities in Allowance for Credit Losses	The following tables summarize the activities in the allowance for credit losses. (In Thousands) Six Months Ended Twelve Months Ended June 30, 2022 December 31, 2021 Allowance for Loan & Lease Losses Balance at beginning of year $ 16,242 $ 13,672 Provision for loan loss 2,208 3,444 Loans charged off (211 ) (1,332 ) Recoveries 185 458 Allowance for Loan & Lease Losses $ 18,424 $ 16,242 Allowance for Unfunded Loan Commitments & Letters of Credit $ 1,167 $ 1,041 Total Allowance for Credit Losses $ 19,591 $ 17,283
Analysis of Allowance for Credit Losses	Additional analysis, presented in thousands, related to the allowance for credit losses for the three and six months ended June 30, 2022 and June 30, 2021 in addition to the ending balances as of December 31, 2021 is as follows: Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Three Months Ended June 30, 2022 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 892 $ 606 $ 844 $ 9,573 $ 4,066 $ 623 $ 1,076 $ 167 17,847 Charge Offs - - - - - (117 ) - - (117 ) Recoveries 4 - - 3 65 70 - - 142 Provision (Credit) 43 (260 ) (90 ) 851 1,234 (9 ) - (141 ) 1,628 Other Non-interest expense related to unfunded - - - - - - 91 - 91 Ending Balance $ 939 $ 346 $ 754 $ 10,427 $ 5,365 $ 567 $ 1,167 $ 26 $ 19,591 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ 2,419 $ - $ - $ - $ 2,419 Ending balance: collectively evaluated for impairment $ 939 $ 346 $ 754 $ 10,427 $ 2,946 $ 567 $ 1,167 $ 26 $ 17,172 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - $ - FINANCING RECEIVABLES: Ending balance $ 410,468 $ 199,650 $ 127,340 $ 977,588 $ 264,124 $ 55,648 $ - $ - $ 2,034,818 Ending balance: individually evaluated for impairment $ 657 $ 2,414 $ 1,296 $ 4,133 $ 2,149 $ 20 $ - $ - $ 10,669 Ending balance: collectively evaluated for impairment $ 409,318 $ 197,039 $ 126,044 $ 973,258 $ 261,854 $ 55,628 $ - $ - $ 2,023,141 Ending balance: loans acquired with deteriorated credit quality $ 493 $ 197 $ - $ 197 $ 121 $ - $ - $ - $ 1,008 December 31, 2021 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total ALLOWANCE FOR CREDIT LOSSES: Ending Balance $ 857 $ 1,040 $ 709 $ 9,130 $ 3,847 $ 625 $ 1,041 $ 34 $ 17,283 Ending balance: individually evaluated for impairment $ - $ 691 $ 1 $ 664 $ 825 $ 3 $ - $ - $ 2,184 Ending balance: collectively evaluated for impairment $ 857 $ 349 $ 708 $ 8,466 $ 3,022 $ 622 $ 1,041 $ 34 $ 15,099 Ending balance: loans acquired with deteriorated credit quality $ 37 $ - $ - $ - $ - $ - $ - $ - $ 37 FINANCING RECEIVABLES: Ending balance $ 395,805 $ 198,033 $ 118,504 $ 847,110 $ 240,138 $ 57,829 $ - $ - $ 1,857,419 Ending balance: individually evaluated for impairment $ 604 $ 6,725 $ 20 $ 3,561 $ 1,003 $ 26 $ - $ - $ 11,939 Ending balance: collectively evaluated for impairment $ 394,489 $ 191,107 $ 118,484 $ 843,299 $ 238,849 $ 57,803 $ - $ - $ 1,844,031 Ending balance: loans acquired with deteriorated credit quality $ 712 $ 201 $ - $ 250 $ 286 $ - $ - $ - $ 1,449 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Three Months Ended June 30, 2021 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 624 $ 1,386 $ 616 $ 7,668 $ 2,608 $ 595 $ 1,052 $ 928 $ 15,477 Charge Offs - - - - - (38 ) - - (38 ) Recoveries 3 - 6 3 5 42 - - 59 Provision (Credit) 22 (169 ) 98 1,160 224 14 - (708 ) 641 Other Non-interest expense related to unfunded - - - - - - 93 - 93 Ending Balance $ 649 $ 1,217 $ 720 $ 8,831 $ 2,837 $ 613 $ 1,145 $ 220 $ 16,232 Ending balance: individually evaluated for impairment $ - $ 914 $ 117 $ 125 $ - $ - $ - $ - $ 1,156 Ending balance: collectively evaluated for impairment $ 649 $ 303 $ 603 $ 8,706 $ 2,837 $ 613 $ 1,145 $ 220 $ 15,076 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - $ - FINANCING RECEIVABLES: Ending balance $ 194,574 $ 189,426 $ 100,905 $ 689,728 $ 227,256 $ 56,534 $ - $ - $ 1,458,423 Ending balance: individually evaluated for impairment $ 770 $ 6,522 $ 248 $ 3,246 $ 1,236 $ 17 $ - $ - $ 12,039 Ending balance: collectively evaluated for impairment $ 193,741 $ 181,923 $ 100,657 $ 686,172 $ 225,635 $ 56,517 $ - $ - $ 1,444,645 Ending balance: loans acquired with deteriorated credit quality $ 63 $ 981 $ - $ 310 $ 385 $ - $ - $ - $ 1,739 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Six Months Ended June 30, 2022 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 857 $ 1,040 $ 709 $ 9,130 $ 3,847 $ 625 $ 1,041 $ 34 $ 17,283 Charge Offs - - - - (6 ) (205 ) - - (211 ) Recoveries 9 - - 5 74 97 - - 185 Provision (Credit) 73 (694 ) 45 1,292 1,450 50 - (8 ) 2,208 Other Non-interest expense related to unfunded - - - - - - 126 - 126 Ending Balance $ 939 $ 346 $ 754 $ 10,427 $ 5,365 $ 567 $ 1,167 $ 26 $ 19,591 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ 2,419 $ - $ - $ - $ 2,419 Ending balance: collectively evaluated for impairment $ 939 $ 346 $ 754 $ 10,427 $ 2,946 $ 567 $ 1,167 $ 26 $ 17,172 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - $ - FINANCING RECEIVABLES: Ending balance $ 410,468 $ 199,650 $ 127,340 $ 977,588 $ 264,124 $ 55,648 $ - $ - $ 2,034,818 Ending balance: individually evaluated for impairment $ 657 $ 2,414 $ 1,296 $ 4,133 $ 2,149 $ 20 $ - $ - $ 10,669 Ending balance: collectively evaluated for impairment $ 409,318 $ 197,039 $ 126,044 $ 973,258 $ 261,854 $ 55,628 $ - $ - $ 2,023,141 Ending balance: loans acquired with deteriorated credit quality $ 493 $ 197 $ - $ 197 $ 121 $ - $ - $ - $ 1,008 Consumer Real Estate Agricultural Real Estate Agricultural Commercial Real Estate Commercial and Industrial Consumer Unfunded Loan Commitment & Letters of Credit Unallocated Total Six Months Ended June 30, 2021 ALLOWANCE FOR CREDIT LOSSES: Beginning balance $ 633 $ 958 $ 701 $ 7,415 $ 3,346 $ 606 $ 641 $ 13 $ 14,313 Charge Offs - - (142 ) - (809 ) (100 ) - - (1,051 ) Recoveries 6 - 6 5 10 98 - - 125 Provision (Credit) 10 259 155 1,411 290 9 - 207 2,341 Other Non-interest expense related to unfunded - - - - - - 504 - 504 Ending Balance $ 649 $ 1,217 $ 720 $ 8,831 $ 2,837 $ 613 $ 1,145 $ 220 $ 16,232 Ending balance: individually evaluated for impairment $ - $ 914 $ 117 $ 125 $ - $ - $ - $ - $ 1,156 Ending balance: collectively evaluated for impairment $ 649 $ 303 $ 603 $ 8,706 $ 2,837 $ 613 $ 1,145 $ 220 $ 15,076 Ending balance: loans acquired with deteriorated credit quality $ - $ - $ - $ - $ - $ - $ - $ - $ - FINANCING RECEIVABLES: Ending balance $ 194,574 $ 189,426 $ 100,905 $ 689,728 $ 227,256 $ 56,534 $ - $ - $ 1,458,423 Ending balance: individually evaluated for impairment $ 770 $ 6,522 $ 248 $ 3,246 $ 1,236 $ 17 $ - $ - $ 12,039 Ending balance: collectively evaluated for impairment $ 193,741 $ 181,923 $ 100,657 $ 686,172 $ 225,635 $ 56,517 $ - $ - $ 1,444,645 Ending balance: loans acquired with deteriorated credit quality $ 63 $ 981 $ - $ 310 $ 385 $ - $ - $ - $ 1,739

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Calculation of Basic Earnings Per Share	(in thousands of dollars) (in thousands of dollars) Three Months Ended Six Months Ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Earnings per share Net income $ 8,271 $ 4,983 $ 16,373 $ 9,892 Less: distributed earnings allocated to participating securities (21 ) (14 ) (42 ) (29 ) Less: undistributed earnings allocated to participating securities (48 ) (23 ) (96 ) (46 ) Net earnings available to common shareholders $ 8,202 $ 4,946 $ 16,235 $ 9,817 Weighted average common shares outstanding including participating securities 13,065,975 11,191,043 13,066,123 11,194,011 Less: average unvested restricted shares (108,849 ) (84,125 ) (110,004 ) (85,353 ) Weighted average common shares outstanding 12,957,126 11,106,918 12,956,119 11,108,658 Basic and diluted earnings per share $ 0.63 $ 0.44 $ 1.25 $ 0.88

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Estimated Fair Values and Related Carrying or Notional Amounts	The estimated fair values, and related carrying or notional amounts, for on and off-balance sheet financial instruments as of June 30, 2022 and December 31, 2021 are reflected below. (In Thousands) June 30, 2022 Carrying Fair Amount Value Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 71,439 $ 71,439 $ 71,439 $ - $ - Interest-bearing time deposits 6,684 6,687 - 6,687 - Securities - available-for-sale 399,687 399,687 97,100 299,173 3,414 Other securities 8,735 8,735 - - 8,735 Loans held for sale 4,230 4,301 - - 4,301 Loans, net 2,016,394 2,042,904 - - 2,042,904 Interest receivable 8,008 8,008 - - 8,008 Financial Liabilities: Interest bearing deposits $ 1,296,402 $ 1,288,006 $ - $ - $ 1,288,006 Non-interest bearing deposits 503,395 503,395 - 503,395 - Time deposits 424,249 416,076 - - 416,076 Total Deposits 2,224,046 2,207,477 - 503,395 1,704,082 Federal funds purchased and securities sold under agreement to repurchase 71,944 71,944 - - 71,944 Federal Home Loan Bank advances 42,635 42,930 - - 42,930 Other borrowings - - - - - Subordinated notes, net of unamortized issuance costs 34,528 35,000 - 35,000 - Interest payable 923 923 - - 923 (In Thousands) December 31, 2021 Carrying Fair Amount Value Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 180,823 $ 180,832 $ 180,823 $ - $ - Interest-bearing time deposits 10,913 10,933 - 10,933 - Securities - available-for-sale 429,931 429,931 89,177 335,981 4,773 Other securities 8,162 8,162 - - 8,162 Loans held for sale 7,714 7,844 - - 7,844 Loans, net 1,841,177 1,864,386 - - 1,864,386 Interest receivable 7,209 7,209 - - 7,209 Financial Liabilities: Interest bearing deposits $ 1,248,294 $ 1,248,044 $ - $ - $ 1,248,044 Non-interest bearing deposits 473,689 473,689 - 473,689 - Time deposits 471,479 475,810 - - 475,810 Total Deposits 2,193,462 2,197,543 - 473,689 1,723,854 Federal funds purchased and securities sold under agreement to repurchase 29,268 29,268 - - 29,268 Federal Home Loan Bank advances 24,065 24,305 - - 24,305 Other borrowings 40,000 40,000 - 40,000 - Subordinated notes, net of unamortized issuance costs 34,471 35,000 - 35,000 - Interest payable 1,125 1,125 - - 1,125
Financial Assets Measured at Fair Value on Recurring Basis	The following summarizes financial assets measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021, segregated by level or the valuation inputs within the fair value hierarchy utilized to measure fair value: Assets and Liabilities Measured at Fair Value on a Recurring Basis (In Thousands) June 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets - (Securities Available-for-Sale) U.S. Treasury $ 97,100 $ - $ - U.S. Government agencies - 141,512 - Mortgage-backed securities - 93,981 - State and local governments - 63,680 3,414 Total Securities Available-for-Sale $ 97,100 $ 299,173 $ 3,414 December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets - (Securities Available-for-Sale) U.S. Treasury $ 89,177 $ - $ - U.S. Government agencies - 156,886 - Mortgage-backed securities - 117,927 - State and local governments - 61,168 4,773 Total Securities Available-for-Sale $ 89,177 $ 335,981 $ 4,773
Changes in the Level 3 Fair-Value Category of Unobservable Inputs	The following tables represent the changes in the Level 3 fair-value category of which unobservable inputs are relied upon as of the three and six month periods ended June 30, 2022 and June 30, 2021. For the three month period ended March 31, 2022, there was one security transfer from Level 3 to Level 2. (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at April 1, 2022 $ 2,108 $ 1,394 $ 3,502 Change in Market Value (19 ) (69 ) (88 ) Purchases - Payments & Maturities - Reclassification & Adjustments - Balance at June 30, 2022 $ 2,089 $ 1,325 $ 3,414 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at April 1, 2021 $ - $ 1,539 $ 1,539 Change in Market Value (8 ) (1 ) (9 ) Purchases 2,418 - 2,418 Payments & Maturities - - - Reclassification & Adjustments - - - Balance at June 30, 2021 $ 2,410 $ 1,538 $ 3,948 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at January 1, 2022 $ 2,307 $ 2,466 $ 4,773 Change in Market Value (58 ) (152 ) (210 ) Purchases - - - Payments & Maturities (160 ) - (160 ) Reclassification & Adjustments - (989 ) (989 ) Balance at June 30, 2022 $ 2,089 $ 1,325 $ 3,414 (In Thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) State and Local Governments Tax-Exempt State and Local Governments Taxable State and Local Governments Total Balance at January 1, 2021 $ - $ 1,562 $ 1,562 Change in Market Value (8 ) (24 ) (32 ) Purchases 2,418 - 2,418 Payments & Maturities - - - Reclassification & Adjustments - - - Balance at June 30, 2021 $ 2,410 $ 1,538 $ 3,948
Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements	The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements: (In Thousands) Range Fair Value at (Weighted June 30, 2022 Valuation Technique Unobservable Inputs Average) State and local government $ 3,414 Discounted Cash Flow Credit strength of underlying project or entity / Discount rate 1.84-4.08% (3.35%) Collateral dependent impaired loans 2,570 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 20.00-22.18% (22.05%) Mortgage servicing rights 3,426 Discounted Cash Flow Constant prepayment rate and probability of default / Discount rate 15.24-55.96% (17.30%) (In Thousands) Range Fair Value at (Weighted December 31, 2021 Valuation Technique Unobservable Inputs Average) State and local government $ 4,773 Discounted Cash Flow Credit strength of underlying project or entity / Discount rate 0.21-1.77% (1.33%) Collateral dependent impaired loans 8,527 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 20.00-53.95% (34.78%) Mortgage servicing rights 3,157 Discounted Cash Flow Constant prepayment rate and probability of default / Discount rate 1.94-27.70% (18.44%) Other real estate owned - residential 99 Appraisals Discount to reflect current market 32.72% (32.72%)
Assets Measured at Fair Value on Nonrecurring Basis	The following table presents assets measured at fair value on a nonrecurring basis at June 30, 2022 and December 31, 2021: Assets Measured at Fair Value on a Nonrecurring Basis at June 30, 2022 (In Thousands) Balance at June 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Collateral dependent impaired loans $ 2,570 $ - $ - $ 2,570 Mortgage servicing rights 3,426 - - 3,426 Other real estate owned - residential - - - - Assets Measured at Fair Value on a Nonrecurring Basis at December 31, 2021 (In Thousands) Balance at December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Collateral dependent impaired loans $ 8,527 $ - $ - $ 8,527 Mortgage servicing rights 3,157 - - 3,157 Other real estate owned - residential 99 - - 99

Federal Funds Purchased and S_2

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase (Tables)	6 Months Ended
	Jun. 30, 2022
Brokers And Dealers [Abstract]
Schedule of Remaining Contractual Maturity in Repurchase Agreements	June 30, 2022 Remaining Contractual Maturity of the Agreements (In Thousands) Overnight & Continuous Up to 30 days 30-90 Greater Than 90 days Total Federal funds purchased $ 39,055 $ - $ - $ - $ 39,055 Repurchase agreements US Treasury & agency securities $ 1,449 $ 5,880 $ 25,560 $ 32,889 Total $ 40,504 $ - $ 5,880 $ 25,560 $ 71,944 December 31, 2021 Remaining Contractual Maturity of the Agreements (In Thousands) Overnight & Continuous Up to 30 days 30-90 Greater Than 90 days Total Federal funds purchased $ - $ - $ - $ - $ - Repurchase agreements US Treasury & agency securities $ 1,062 $ - $ 3,900 $ 24,306 $ 29,268 Total $ 1,062 $ - $ 3,900 $ 24,306 $ 29,268

Subordinated Notes (Tables)

Subordinated Notes (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Subordinated Notes	June 30, 2022 December 31, 2021 (In Thousands) Principal Unamortized Note Issuance Costs Principal Unamortized Note Issuance Costs Subordinated Notes $ 35,000 $ (472 ) $ 35,000 $ (529 )

Business Combination and Asse_3

Business Combination and Asset Purchase - Additional Information (Detail)					3 Months Ended			6 Months Ended		12 Months Ended
	Oct. 01, 2021 USD ($) Office $ / shares shares	Apr. 30, 2021 USD ($) Office $ / shares shares	Nov. 16, 2020 USD ($) shares	Jan. 01, 2019 USD ($) Office $ / shares shares	Jun. 30, 2022 USD ($) Loan shares	Mar. 31, 2022 USD ($) Loan	Dec. 31, 2021 USD ($) Loan shares	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) shares	Nov. 30, 2020 USD ($) Client
Business Acquisition [Line Items]
Common stock, shares outstanding | shares					14,063,999		14,063,999	14,063,999		14,063,999
Goodwill					$ 80,434,000		$ 80,434,000	$ 80,434,000		$ 80,434,000
Pro-forma operating revenue, net of tax					2,500,000			4,600,000
Amortization expense								398,000	$ 303,000
Core Deposits [Member]
Business Acquisition [Line Items]
Amortization expense								398,000	303,000
Amortization expense for 2022					795,000			795,000
Customer Lists [Member]
Business Acquisition [Line Items]
Amortization expense								61,000	$ 61,000
Amortization expense for 2022					123,000			123,000
Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Number of full-service offices | Office	1
Common stock issued in exchange of each outstanding share	1.7766
Cash payment for exchange of each share | $ / shares	$ 41.20
Business acquisition share owned subject to adjustment | shares	1,833,999
Common stock, shares outstanding | shares	2,470,032
Share price | $ / shares	$ 22.40
Total consideration for acquisition	$ 100,312,000
Cash paid for the capital stock	59,234,000
Stock issued for acquisition	41,078,000
Goodwill	25,220,000
Fair value of assets acquired					334,700,000			334,700,000
Gross principal and contractual interest					403,300,000			403,300,000
Acquisition expected to be uncollectible					5,600,000			$ 5,600,000
Loan receivable weighted average life								52 months
Business combination, premises and equipment written down value								$ 4,000
Business combination, average remaining life								16 years 2 months 12 days
Fair value for certificate of deposit, valuation amount					3,900,000			$ 3,900,000
Fair value for certificate of deposit, amortization period								1 year 7 months 6 days
Fair value of Federal Home Loan Bank (FHLB) advances, valuation amount					218,000			$ 218,000
Fair value of Federal Home Loan Bank (FHLB) advances, amortization period								2 years 7 months 6 days
Fair value adjustment of loans acquired and accounted	237,000				$ 142,000	$ 142,000	$ 190,000	$ 142,000		190,000
Number of commercial purchased credit impaired loans paid off | Loan					1		2
Number of consumer purchased credit impaired loans paid off | Loan					2	1
Discount recognized at acquisition related to commercial purchased credit-impaired loans					$ 36,000	$ 12,000				47,000
Perpetual Federal Savings Bank [Member] | Building [Member]
Business Acquisition [Line Items]
Business combination, premises and equipment written down value								297,000
Perpetual Federal Savings Bank [Member] | Core Deposits [Member]
Business Acquisition [Line Items]
Recognition of core deposit intangible asset with acquired purchase	$ 668,000
Remaining economic useful life	7 years
Amortization expense for 2022					95,000			95,000
Ossian State Bank [Member]
Business Acquisition [Line Items]
Number of full-service offices | Office		2
Ossian State Bank [Member] | Core Deposits [Member]
Business Acquisition [Line Items]
Recognition of core deposit tangible asset with acquired purchase								980,200
Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Cash payment for exchange of each share | $ / shares		$ 67.71
Common stock, shares outstanding | shares		295,388
Total consideration for acquisition		$ 20,001,000
Cash paid for the capital stock		20,001,000
Goodwill		7,874,000
Fair value of assets acquired					52,400,000			52,400,000
Gross principal and contractual interest					63,700,000			63,700,000
Acquisition expected to be uncollectible					1,100,000			$ 1,100,000
Loan receivable weighted average life								52 months
Business combination, premises and equipment written down value								$ 596,000
Business combination, average remaining life								39 years
Fair value for certificate of deposit, valuation amount					59,000			$ 59,000
Fair value for certificate of deposit, amortization period								1 year 4 months 24 days
Fair value adjustment of loans acquired and accounted		$ 325,000			83,000		$ 321,000	$ 83,000		$ 321,000
Goodwill deductible for tax purpose, period		15 years
Ossian Financial Services, Inc. [Member] | Building [Member]
Business Acquisition [Line Items]
Business combination, premises and equipment written down value								244,000
Ossian Financial Services, Inc. [Member] | Core Deposits [Member]
Business Acquisition [Line Items]
Recognition of core deposit intangible asset with acquired purchase		$ 980,200
Remaining economic useful life		7 years
Amortization expense for 2022					140,000			140,000
Bank of Geneva [Member]
Business Acquisition [Line Items]
Number of full-service offices | Office				6
Bank of Geneva [Member] | Core Deposits [Member]
Business Acquisition [Line Items]
Recognition of core deposit intangible asset with acquired purchase								$ 3,900,000
Remaining economic useful life								7 years
Limberlost Bancshares, Inc. [Member]
Business Acquisition [Line Items]
Cash payment for exchange of each share | $ / shares				$ 8,465
Common stock, shares outstanding | shares				1,000
Share price | $ / shares				$ 38.49
Total consideration for acquisition				$ 78,900,000
Cash paid for the capital stock				8,500,000
Stock issued for acquisition				70,400,000
Goodwill				$ 43,300,000
Common stock issued in exchange of each outstanding share | shares				1,830,000
Limberlost Bancshares, Inc. [Member] | Core Deposits [Member]
Business Acquisition [Line Items]
Recognition of core deposit intangible asset with acquired purchase				$ 3,900,000
Remaining economic useful life				7 years
Perpetual Federal Savings Bank [Member] | Core Deposits [Member]
Business Acquisition [Line Items]
Recognition of core deposit tangible asset with acquired purchase								$ 668,000
Adams County Financial Resources [Member]
Business Acquisition [Line Items]
Total consideration for acquisition			$ 825,000
Common stock issued in exchange of each outstanding share | shares			40,049
Assets under management amount											$ 83,000,000
Number of clients assets under management | Client											450
Adams County Financial Resources [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Recognition of core deposit intangible asset with acquired purchase			$ 800,000
Remaining economic useful life			6 years 6 months
Amortization expense for 2022					$ 123,000			$ 123,000

Business Combination and Asse_4

Business Combination and Asset Purchase - Summary of Consideration Paid and Amounts of Assets Acquired and Liabilities Assumed Recognized (Detail) - USD ($) $ in Thousands	Oct. 01, 2021	Apr. 30, 2021	Jun. 30, 2022	Dec. 31, 2021
Assets
Goodwill			$ 80,434	$ 80,434
Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Cash	$ 59,234
Common Shares	41,078
Total	100,312
Assets
Cash and cash equivalents	44,975
Federal funds sold	1,672
Interest-bearing time deposits	6,250
Other securities, at cost	2,794
Loans, net	334,661
Premises and equipment	615
Goodwill	25,220
Other assets	3,975
Total Assets Purchased	420,162
Deposits
Noninterest bearing	2,018
Interest bearing	309,090
Total deposits	311,108
Federal Home Loan Bank (FHLB) advances	6,218
Accrued expenses and other liabilities	2,524
Total Liabilities Assumed	$ 319,850
Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Cash		$ 20,001
Total		20,001
Assets
Cash and cash equivalents		20,229
Interest-bearing time deposits		20,226
Securities - available-for-sale		30,243
Other securities, at cost		281
Loans, net		52,403
Premises and equipment		494
Goodwill		7,874
Other assets		5,308
Total Assets Purchased		137,058
Deposits
Noninterest bearing		34,509
Interest bearing		81,535
Total deposits		116,044
Accrued expenses and other liabilities		1,013
Total Liabilities Assumed		$ 117,057

Business Combination and Asse_5

Business Combination and Asset Purchase - Summary of Carrying Amount of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Oct. 01, 2021	Apr. 30, 2021
Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment	$ 316	$ 510	$ 728
Perpetual Federal Savings Bank [Member] | Consumer Real Estate [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment	349	581	608
Perpetual Federal Savings Bank [Member] | Agricultural Real Estate [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment		114	118
Perpetual Federal Savings Bank [Member] | Commercial Real Estate [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment		5	234
Perpetual Federal Savings Bank [Member] | Commercial and Industrial [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment			$ 5
Perpetual Federal Savings Bank [Member] | Agricultural Real Estate [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment	109
Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment	92	208		$ 1,309
Ossian Financial Services, Inc. [Member] | Consumer Real Estate [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment	20	22		24
Ossian Financial Services, Inc. [Member] | Agricultural Real Estate [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment				981
Ossian Financial Services, Inc. [Member] | Commercial Real Estate [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment	90	222		315
Ossian Financial Services, Inc. [Member] | Commercial and Industrial [Member]
Business Acquisition [Line Items]
Carrying amount, net of fair value adjustment	$ 65	$ 285		$ 314

Business Combination and Asse_6

Business Combination and Asset Purchase - Summary of Carrying Amount of Loans (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Oct. 01, 2021	Apr. 30, 2021
Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Fair value adjustment	$ 142	$ 142	$ 190	$ 237
Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Fair value adjustment	$ 83		$ 321		$ 325

Business Combination and Asse_7

Business Combination and Asset Purchase - Summary of Loans Acquired and Contractually Required Payments Receivable (Detail) $ in Thousands	Dec. 31, 2021 USD ($)
Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Total required payments receivable	$ 1,407
Cash flows expected to be collected at acquisition	728
Basis in acquired loans at acquisition	965
Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Total required payments receivable	2,057
Cash flows expected to be collected at acquisition	1,309
Basis in acquired loans at acquisition	1,634
Consumer Real Estate [Member] | Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Total required payments receivable	962
Consumer Real Estate [Member] | Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Total required payments receivable	28
Agricultural Real Estate [Member] | Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Total required payments receivable	146
Agricultural Real Estate [Member] | Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Total required payments receivable	1,142
Commercial Real Estate [Member] | Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Total required payments receivable	293
Commercial Real Estate [Member] | Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Total required payments receivable	527
Commercial and Industrial [Member] | Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Total required payments receivable	6
Commercial and Industrial [Member] | Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Total required payments receivable	$ 360

Business Combination and Asse_8

Business Combination and Asset Purchase - Summary of Changes in Accretable Yield or Income Expected to be Collected (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
Beginning Balance	$ 5,004		$ 5,262
Additions	33		97
Accretion	(327)		(649)
Ending Balance	4,710		4,710		$ 5,262
Ossian Financial Services, Inc. [Member]
Business Acquisition [Line Items]
Beginning Balance	601		645
Additions		$ 762		$ 762
Accretion	(44)	(29)	(88)	(29)
Ending Balance	557	733	557	733	645
Limberlost Bancshares, Inc. [Member]
Business Acquisition [Line Items]
Beginning Balance	1,097	1,542	1,198	1,653	1,653
Additions	3	4	8	5
Accretion	(106)	(107)	(212)	(215)
Disposals				(4)
Ending Balance	$ 994	$ 1,439	$ 994	$ 1,439	$ 1,198

Business Combination and Asse_9

Business Combination and Asset Purchase - Schedule of Pro-forma Results (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Summary of Operations
Net Interest Income - Before Provision for Loan Losses	$ 21,864	$ 19,645	$ 41,647	$ 38,895
Provision for Loan Losses	1,628	641	2,208	2,342
Net Interest Income After Provision for Loan Losses	20,236	19,004	39,439	36,553
Noninterest Income	3,319	4,141	7,662	9,367
Noninterest Expense	13,234	13,214	26,727	27,269
Income Before Income Taxes	10,321	9,931	20,374	18,651
Income Taxes	2,050	2,046	4,001	3,668
Net Income	$ 8,271	$ 7,885	$ 16,373	$ 14,983
Basic and Diluted Earnings Per Share	$ 0.63	$ 0.61	$ 1.25	$ 1.15

Business Combination and Ass_10

Business Combination and Asset Purchase - Schedule of Annual Amortization of Core Deposit Intangible Assets (Detail) $ in Thousands	Jun. 30, 2022 USD ($)
Core Deposits [Member]
Business Acquisition [Line Items]
2022	$ 795
2023	795
2024	795
2025	795
2026	235
Thereafter	356
Finite-Lived Intangible Assets, Net	3,771
Core Deposits [Member] | Geneva [Member]
Business Acquisition [Line Items]
2022	560
2023	560
2024	560
2025	560
Finite-Lived Intangible Assets, Net	2,240
Core Deposits [Member] | Ossian [Member]
Business Acquisition [Line Items]
2022	140
2023	140
2024	140
2025	140
2026	140
Thereafter	187
Finite-Lived Intangible Assets, Net	887
Core Deposits [Member] | Perpetual Federal Savings Bank [Member]
Business Acquisition [Line Items]
2022	95
2023	95
2024	95
2025	95
2026	95
Thereafter	169
Finite-Lived Intangible Assets, Net	644
Customer Lists [Member]
Business Acquisition [Line Items]
2022	123
Customer Lists [Member] | Adams County Financial Resources [Member]
Business Acquisition [Line Items]
2022	123
2023	123
2024	123
2025	123
2026	123
Thereafter	47
Finite-Lived Intangible Assets, Net	$ 662

Securities - Amortized Cost and

Securities - Amortized Cost and Fair Value of Securities with Gross Unrealized Gains and Losses (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 439,259	$ 433,962
Gross Unrealized Gains	83	3,032
Gross Unrealized Losses	(39,655)	(7,063)
Fair Value	399,687	429,931
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	105,435	90,775
Gross Unrealized Losses	(8,335)	(1,598)
Fair Value	97,100	89,177
U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	155,489	159,673
Gross Unrealized Gains		695
Gross Unrealized Losses	(13,977)	(3,482)
Fair Value	141,512	156,886
Mortgage-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	105,994	118,550
Gross Unrealized Gains		839
Gross Unrealized Losses	(12,013)	(1,462)
Fair Value	93,981	117,927
State and Local Governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	72,341	64,964
Gross Unrealized Gains	83	1,498
Gross Unrealized Losses	(5,330)	(521)
Fair Value	$ 67,094	$ 65,941

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]
Investments pledged, carrying value	$ 130,000	$ 115,000
Other securities	8,735	8,162
Total committed securities		3,000
Federal Home Loan Bank of Cincinnati and Indianapolis Stock [Member]
Schedule of Available-for-sale Securities [Line Items]
Other securities	7,300	7,300
Ohio Equity Fund for Housing Limited Partnership [Member]
Schedule of Available-for-sale Securities [Line Items]
Other securities	$ 1,400	$ 820
Minimum [Member]
Schedule of Available-for-sale Securities [Line Items]
Underwater security	10 years
Loss position existed	3 years

Securities - Gross Unrealized L

Securities - Gross Unrealized Losses, Aggregated by Investment Category and Length of Time (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	$ (19,970)	$ (4,842)
Fair Value, Less Than Twelve Months	241,627	256,800
Gross Unrealized Losses, Twelve Months and Over	(19,685)	(2,221)
Fair Value, Twelve Months and Over	148,312	63,659
Gross Unrealized Losses, Total	(39,655)	(7,063)
Fair Value, Total	389,939	320,459
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(5,170)	(1,598)
Fair Value, Less Than Twelve Months	71,736	89,177
Gross Unrealized Losses, Twelve Months and Over	(3,165)
Fair Value, Twelve Months and Over	6,774
Gross Unrealized Losses, Total	(8,335)	(1,598)
Fair Value, Total	78,510	89,177
U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(4,305)	(1,898)
Fair Value, Less Than Twelve Months	55,400	86,739
Gross Unrealized Losses, Twelve Months and Over	(9,672)	(1,584)
Fair Value, Twelve Months and Over	102,702	41,738
Gross Unrealized Losses, Total	(13,977)	(3,482)
Fair Value, Total	158,102	128,477
Mortgage-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(6,432)	(1,050)
Fair Value, Less Than Twelve Months	61,720	63,157
Gross Unrealized Losses, Twelve Months and Over	(5,581)	(412)
Fair Value, Twelve Months and Over	32,261	16,434
Gross Unrealized Losses, Total	(12,013)	(1,462)
Fair Value, Total	93,981	79,591
State and Local Governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses, Less Than Twelve Months	(4,063)	(296)
Fair Value, Less Than Twelve Months	52,771	17,727
Gross Unrealized Losses, Twelve Months and Over	(1,267)	(225)
Fair Value, Twelve Months and Over	6,575	5,487
Gross Unrealized Losses, Total	(5,330)	(521)
Fair Value, Total	$ 59,346	$ 23,214

Securities - Gross Realized Gai

Securities - Gross Realized Gains and Losses (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($)
Available For Sale Securities Gross Realized Gain Loss [Abstract]
Gross realized gains	$ 293
Net realized gains	293
Tax expense related to net realized gains	$ 62

Securities - Amortized Cost a_2

Securities - Amortized Cost and Fair Value of Debt Securities, by Contractual Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Available For Sale Securities Debt Maturities [Abstract]
Amortized Cost, One year or less	$ 6,479
Amortized Cost, After one year through five years	182,012
Amortized Cost, After five years through ten years	143,265
Amortized Cost, After ten years	1,509
Amortized Cost, Total	333,265
Amortized Cost, Mortgage-backed securities	105,994
Amortized Cost	439,259	$ 433,962
Fair Value, One year or less	6,423
Fair Value, After one year through five years	170,399
Fair Value, After five years through ten years	127,389
Fair Value, After ten years	1,495
Fair Value, Total	305,706
Fair Value, Mortgage-backed securities	93,981
Total, Fair Value	$ 399,687	$ 429,931

Loans - Loans (Detail)

Loans - Loans (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Loans:
Loans - Gross	$ 2,036,370,000	$ 1,859,157,000
Less: Net deferred loan fees and costs	(1,552,000)	(1,738,000)
Loans after net deferred loan fees and costs	2,034,818,000	1,857,419,000	$ 1,458,423,000
Less: Allowance for loan losses	(18,424,000)	(16,242,000)		$ (13,672,000)
Loans - Net	2,016,394,000	1,841,177,000
Consumer Real Estate [Member]
Loans:
Loans - Gross	410,450,000	395,873,000
Loans after net deferred loan fees and costs	410,468,000	395,805,000	194,574,000
Agricultural Real Estate [Member]
Loans:
Loans - Gross	199,972,000	198,343,000
Loans after net deferred loan fees and costs	199,650,000	198,033,000	189,426,000
Agricultural [Member]
Loans:
Loans - Gross	127,143,000	118,368,000
Loans after net deferred loan fees and costs	127,340,000	118,504,000	100,905,000
Commercial Real Estate [Member]
Loans:
Loans - Gross	979,176,000	848,477,000
Loans after net deferred loan fees and costs	977,588,000	847,110,000	689,728,000
Commercial and Industrial [Member]
Loans:
Loans - Gross	232,975,000	208,270,000
Loans after net deferred loan fees and costs	232,881,000	208,049,000
Less: Allowance for loan losses	0
Consumer [Member]
Loans:
Loans - Gross	55,411,000	57,737,000
Loans after net deferred loan fees and costs	55,648,000	57,829,000	$ 56,534,000
Other Loan [Member]
Loans:
Loans - Gross	31,243,000	32,089,000
Loans after net deferred loan fees and costs	$ 31,243,000	$ 32,089,000

Loans - Distribution of Fixed R

Loans - Distribution of Fixed Rate Loans and Variable Rate Loans by Major Loan Category (Detail) $ in Thousands	Jun. 30, 2022 USD ($)
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	$ 309,221
Distribution of variable rate loans by major loan category, Variable Rate	101,229
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	127,103
Distribution of variable rate loans by major loan category, Variable Rate	72,869
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	48,479
Distribution of variable rate loans by major loan category, Variable Rate	78,664
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	787,908
Distribution of variable rate loans by major loan category, Variable Rate	191,268
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	109,452
Distribution of variable rate loans by major loan category, Variable Rate	123,523
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	54,462
Distribution of variable rate loans by major loan category, Variable Rate	949
Other Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Distribution of fixed rate loans by major loan category, Fixed Rate	21,341
Distribution of variable rate loans by major loan category, Variable Rate	$ 9,902

Loans - Additional Information

Loans - Additional Information (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential mortgage loan	$ 1,008,000	$ 1,449,000	$ 1,739,000
Loans	2,036,370,000	1,859,157,000
Allowance for loan losses	18,424,000	16,242,000		$ 13,672,000
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	232,975,000	208,270,000
Allowance for loan losses	0
Commercial and Industrial [Member] | PPP Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	8,000	2,900,000
Asset Pledged as Collateral without Right [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential mortgage loan	$ 185,700,000	$ 193,200,000

Loans - Contractual Aging of Re

Loans - Contractual Aging of Recorded Investment in Past Due Loans by Portfolio Classification of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 2,034,818	$ 1,857,419	$ 1,458,423
Recorded Investment > 90 Days and Accruing	0	0	0
30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,032	749
60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2,336	131
Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	731	575
Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	4,099	1,455
Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	2,030,719	1,855,964
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	410,468	395,805	194,574
Consumer Real Estate [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	964	228
Consumer Real Estate [Member] | 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	52
Consumer Real Estate [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	164	246
Consumer Real Estate [Member] | Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,180	474
Consumer Real Estate [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	409,288	395,331
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	199,650	198,033	189,426
Agricultural Real Estate [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		436
Agricultural Real Estate [Member] | 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,550
Agricultural Real Estate [Member] | Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	1,550	436
Agricultural Real Estate [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	198,100	197,597
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	127,340	118,504	100,905
Agricultural [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	42
Agricultural [Member] | 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	662
Agricultural [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	112
Agricultural [Member] | Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	816
Agricultural [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	126,524	118,504
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	977,588	847,110	689,728
Commercial Real Estate [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	15
Commercial Real Estate [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	180	180
Commercial Real Estate [Member] | Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	195	180
Commercial Real Estate [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	977,393	846,930
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	264,124	240,138	227,256
Commercial and Industrial [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due		21
Commercial and Industrial [Member] | 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	9	131
Commercial and Industrial [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	275	149
Commercial and Industrial [Member] | Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	284	301
Commercial and Industrial [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	263,840	239,837
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	55,648	57,829	$ 56,534
Consumer [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	11	64
Consumer [Member] | 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	63
Consumer [Member] | Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	74	64
Consumer [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Past Due	$ 55,574	$ 57,765

Loans - Recorded Investment in

Loans - Recorded Investment in Nonaccrual Loans by Portfolio Class of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	$ 5,247	$ 8,076	$ 7,031
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	513	824
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	2,023	6,477
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	1,296	20
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	1,136	600
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	275	149
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Investment in nonaccrual loans	$ 4	$ 6

Loans (Tier Risk Rating System)

Loans (Tier Risk Rating System) - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Repayment period of loan with a reasonable reduction of principal balance	2 years

Loans - Risk Category of Loans

Loans - Risk Category of Loans by Portfolio Class (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 2,034,818	$ 1,857,419	$ 1,458,423
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	199,650	198,033	189,426
Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	127,340	118,504	100,905
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	977,588	847,110	$ 689,728
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	232,881	208,049
Other Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	31,243	32,089
1-2 [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	9,736	8,720
1-2 [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	4,935	4,178
1-2 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	10,142	10,894
1-2 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	1,210	4,604
3 [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	43,788	42,180
3 [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	33,656	38,623
3 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	269,520	238,132
3 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	58,423	46,547
3 [Member] | Other Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	11,202	11,408
4 [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	132,745	129,301
4 [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	87,177	75,164
4 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	665,350	568,038
4 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	168,392	152,736
4 [Member] | Other Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	20,041	20,681
5 [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	4,440	4,599
5 [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	365	227
5 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	15,705	14,509
5 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	916	986
6 [Member] | Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	8,941	13,233
6 [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	1,207	312
6 [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	16,871	15,537
6 [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 3,940	$ 3,176

Loans - Recorded Investment for

Loans - Recorded Investment for Consumer Loans, Credit Quality based on Status of Loan and Payment Activity (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 2,034,818	$ 1,857,419	$ 1,458,423
Performing	1,008	1,449	1,739
Consumer - Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Performing	19	3,919
Consumer - Credit [Member] | Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Performing	19	3,906
Consumer - Credit [Member] | Nonperforming [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Performing		13
Consumer - Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Performing	55,629	53,910
Consumer - Other [Member] | Performing [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Performing	55,560	53,820
Consumer - Other [Member] | Nonperforming [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Performing	69	90
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	410,468	395,805	194,574
Performing	493	712	$ 63
Pass [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	408,315	392,940
5 [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	851	1,673
6 [Member] | Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans after net deferred loan fees and costs	$ 1,302	$ 1,192

Loans - Schedule of Impaired Lo

Loans - Schedule of Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Receivables [Abstract]
Impaired loans without a valuation allowance	$ 5,680	$ 1,228	$ 3,063	$ 5,680	$ 3,063	$ 1,228
Impaired loans with a valuation allowance	4,989	10,711	8,976	4,989	8,976	10,711
Total impaired loans	10,669	11,939	12,039	10,669	12,039	11,939
Valuation allowance related to impaired loans	2,419	2,184	1,156	2,419	1,156	2,184
Total non-accrual loans	5,247	8,076	7,031	5,247	7,031	8,076
Total loans past-due ninety days or more and still accruing	0	0	0	0	0	0
Average investment in impaired loans	$ 9,748	$ 11,676	$ 12,206	$ 11,258	$ 12,836	$ 12,247

Loans (Impaired Loans) - Additi

Loans (Impaired Loans) - Additional Information (Detail)		1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 30, 2021	Jun. 30, 2021 USD ($) Loan	Jun. 30, 2022 USD ($) Loan	Jun. 30, 2021 USD ($) Loan Contract	Jun. 30, 2022 USD ($) Loan Contract	Jun. 30, 2021 USD ($) Loan Contract	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Additional funds available to be advanced in connection with impaired loans			$ 0		$ 0
Impaired loans classified as troubled debt restructured		$ 5,500,000	$ 2,700,000	$ 5,500,000	2,700,000	$ 5,500,000	$ 7,600,000
Number of contracts modified | Loan			0	1
TDR impaired loans paid off | Loan		2
Term of loan	5 years
Allowance for loan losses			$ 18,424,000		$ 18,424,000		16,242,000	$ 13,672,000
TDR loans, subsequently defaulted during the period			0	0
Maximum time for re-evaluation (in months)					12 months
Re-evaluation period for real estate					2 years
Unsecured consumer loans, credit card credits and overdraft lines of credit reach					90 days
Delinquent period for charging down consumer loans					90 days
Delinquent period for charging down/allocated commercial and agricultural credits					120 days
Foreclosed residential real estate property							159,000
Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Litigation and any deficiency charged off period					150 days
Agricultural Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired loans classified as troubled debt restructured			$ 4,500,000		$ 4,500,000
TDR impaired loans paid off | Loan					2
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired loans classified as troubled debt restructured			480,000		$ 480,000
TDR impaired loans paid off | Loan					1
Allowance for loan losses			0		$ 0
TDR impaired loans charged off | Loan						3
TDR impaired loans charged off amount						$ 809,000
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired loans classified as troubled debt restructured			86,000		$ 86,000
Number of contracts modified | Contract				1		1
TDR impaired loans paid off | Loan					1
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Foreclosed residential real estate property		$ 198,000	0	$ 198,000	$ 0	$ 198,000	159,000
Residential real estate properties foreclosure proceedings		$ 100,000	$ 72,000	$ 100,000	$ 72,000	$ 100,000	$ 255,000
Principal Forgiveness [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of contracts modified | Contract					0

Loans - Impaired Loans Classifi

Loans - Impaired Loans Classified as Troubled Debt Restructured (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 Loan	Jun. 30, 2021 USD ($) Loan Contract	Jun. 30, 2021 USD ($) Contract
Financing Receivable Modifications [Line Items]
Number of contracts modified | Loan	0	1
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0	0
Commercial Real Estate [Member]
Financing Receivable Modifications [Line Items]
Number of contracts modified | Contract		1	1
Pre-Modification Outstanding Recorded Investment		$ 382	$ 382
Post-Modification Outstanding Recorded Investment		$ 382	$ 382

Loans - Loans Individually Eval

Loans - Loans Individually Evaluated for Impairment by Portfolio Class of Loans (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	$ 5,680	$ 1,228	$ 3,063	$ 5,680	$ 3,063	$ 1,228
With a specific allowance recorded, Recorded Investment	4,989	10,711	8,976	4,989	8,976	10,711
Related Allowance	2,419	2,184	1,156	2,419	1,156	2,184
Recorded Investment	10,669	11,939	12,039	10,669	12,039	11,939
Average Recorded Investment	9,748	11,676	12,206	11,258	12,836	12,247
Consumer Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	657	604	770	657	770	604
With no related allowance recorded, Unpaid Principal Balance	657	604	823	657	823	604
With no related allowance recorded, Average Recorded Investment	390		494	381	501	456
With no related allowance recorded, Interest Income Recognized	1		1	2	3	5
With no related allowance recorded, Interest Income Recognized Cash Basis	4		3	6	7	15
With a specific allowance recorded, Average Recorded Investment			55		117	59
Recorded Investment	657	604	770	657	770	604
Unpaid Principal Balance	657	604	823	657	823	604
Average Recorded Investment	390		549	381	618	515
Interest Income Recognized	1		1	2	3	5
Interest Income Recognized Cash Basis	4		3	6	7	15
Agricultural Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	2,414	423	728	2,414	728	423
With no related allowance recorded, Unpaid Principal Balance	2,518	423	728	2,518	728	423
With no related allowance recorded, Average Recorded Investment	2,247		994	1,696	1,262	1,000
With no related allowance recorded, Interest Income Recognized	6		22	13	44
With no related allowance recorded, Interest Income Recognized Cash Basis	3			5
With a specific allowance recorded, Recorded Investment		6,302	5,794		5,794	6,302
With a specific allowance recorded, Unpaid Principal Balance		6,406	5,794		5,794	6,406
Related Allowance		691	914		914	691
With a specific allowance recorded, Average Recorded Investment			5,556	2,775	5,357	5,414
With a specific allowance recorded, Interest Income Recognized						54
Recorded Investment	2,414	6,725	6,522	2,414	6,522	6,725
Unpaid Principal Balance	2,518	6,829	6,522	2,518	6,522	6,829
Average Recorded Investment	2,247		6,550	4,471	6,619	6,414
Interest Income Recognized	6		22	13	44	87
Interest Income Recognized Cash Basis	3			5
With no related allowance recorded, Adjusted Interest Income Recognized						33
Agricultural [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	1,296		131	1,296	131
With no related allowance recorded, Unpaid Principal Balance	1,296		231	1,296	231
With no related allowance recorded, Average Recorded Investment	445		184	233	176	143
With no related allowance recorded, Interest Income Recognized			4		6	18
With no related allowance recorded, Interest Income Recognized Cash Basis	1			1		3
With a specific allowance recorded, Recorded Investment		20	117		117	20
With a specific allowance recorded, Unpaid Principal Balance		20	117		117	20
Related Allowance		1	117		117	1
With a specific allowance recorded, Average Recorded Investment			39		127	94
Recorded Investment	1,296	20	248	1,296	248	20
Unpaid Principal Balance	1,296	20	348	1,296	348	20
Average Recorded Investment	445		223	233	303	237
Interest Income Recognized			4		6	18
Interest Income Recognized Cash Basis	1			1		3
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	1,148	180	181	1,148	181	180
With no related allowance recorded, Unpaid Principal Balance	1,148	180	181	1,148	181	180
With no related allowance recorded, Average Recorded Investment	1,323		480	991	1,393	1,445
With no related allowance recorded, Interest Income Recognized	7		4	11	8	70
With no related allowance recorded, Interest Income Recognized Cash Basis	14		3	19	6	9
With a specific allowance recorded, Recorded Investment	2,985	3,381	3,065	2,985	3,065	3,381
With a specific allowance recorded, Unpaid Principal Balance	2,985	3,381	3,065	2,985	3,065	3,381
Related Allowance	573	664	125	573	125	664
With a specific allowance recorded, Average Recorded Investment	3,105		3,087	3,426	2,002	2,199
With a specific allowance recorded, Interest Income Recognized	38		27	74	54	70
With a specific allowance recorded, Interest Income Recognized Cash Basis			3		3	3
Recorded Investment	4,133	3,561	3,246	4,133	3,246	3,561
Unpaid Principal Balance	4,133	3,561	3,246	4,133	3,246	3,561
Average Recorded Investment	4,428		3,567	4,417	3,395	3,644
Interest Income Recognized	45		31	85	62	140
Interest Income Recognized Cash Basis	14		6	19	9	12
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	145	21	1,236	145	1,236	21
With no related allowance recorded, Unpaid Principal Balance	145	21	1,367	145	1,367	21
With no related allowance recorded, Average Recorded Investment	207		1,298	231	1,546	920
With no related allowance recorded, Interest Income Recognized			6	2	23	24
With no related allowance recorded, Interest Income Recognized Cash Basis	10		2	10	3	158
With a specific allowance recorded, Recorded Investment	2,004	982		2,004		982
With a specific allowance recorded, Unpaid Principal Balance	2,004	982		2,004		982
Related Allowance	1,846	825		1,846		825
With a specific allowance recorded, Average Recorded Investment	2,011			1,502	335	498
With a specific allowance recorded, Interest Income Recognized	52			65		17
Recorded Investment	2,149	1,003	1,236	2,149	1,236	1,003
Unpaid Principal Balance	2,149	1,003	1,367	2,149	1,367	1,003
Average Recorded Investment	2,218		1,298	1,733	1,881	1,418
Interest Income Recognized	52		6	67	23	41
Interest Income Recognized Cash Basis	10		2	10	3	158
Consumer [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance recorded, Recorded Investment	20		17	20	17
With no related allowance recorded, Unpaid Principal Balance	20		27	20	27
With no related allowance recorded, Average Recorded Investment	20		19	19	20	17
With no related allowance recorded, Interest Income Recognized				1
With a specific allowance recorded, Recorded Investment		26				26
With a specific allowance recorded, Unpaid Principal Balance		26				26
Related Allowance		3				3
With a specific allowance recorded, Average Recorded Investment				4		2
With a specific allowance recorded, Interest Income Recognized						1
Recorded Investment	20	26	17	20	17	26
Unpaid Principal Balance	20	$ 26	27	20	27	26
Average Recorded Investment	$ 20		$ 19	23	$ 20	19
Interest Income Recognized				$ 1		$ 1

Loans - Summary of Activities i

Loans - Summary of Activities in Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2020
Allowance for Loan Losses
Balance at beginning of year			$ 16,242	$ 13,672	$ 13,672
Provision for loan loss	$ 1,628	$ 641	2,208	2,341	3,444
Loans charged off	(117)	(38)	(211)	(1,051)	(1,332)
Recoveries	142	59	185	125	458
Balance at ending of year	18,424		18,424		16,242
Allowance for Unfunded Loan Commitments & Letters of Credit	1,167		1,167		1,041
Total Allowance for Credit Losses	$ 19,591	$ 16,232	$ 19,591	$ 16,232	$ 17,283	$ 17,847	$ 15,477	$ 14,313

Loans (ALLL) - Additional Infor

Loans (ALLL) - Additional Information (Detail) - Geneva in 2019 and Ossian State Bank in 2021 [Member] - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accretable yield related to acquisition	$ 6,300	$ 7,100
Reclassification from nonaccretable difference	$ 463	$ 510

Loans - Analysis of Allowance f

Loans - Analysis of Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	$ 17,847	$ 15,477	$ 17,283	$ 14,313	$ 14,313
Charge Offs	(117)	(38)	(211)	(1,051)	(1,332)
Recoveries	142	59	185	125	458
Provision (Credit)	1,628	641	2,208	2,341	3,444
Other Non-interest expense related to unfunded	91	93	126	504
Ending Balance	19,591	16,232	19,591	16,232	17,283
Ending balance: individually evaluated for impairment	2,419	1,156	2,419	1,156	2,184
Ending balance: collectively evaluated for impairment	17,172	15,076	17,172	15,076	15,099
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	37
FINANCING RECEIVABLES:
Ending balance	2,034,818	1,458,423	2,034,818	1,458,423	1,857,419
Ending balance: individually evaluated for impairment	10,669	12,039	10,669	12,039	11,939
Ending balance: collectively evaluated for impairment	2,023,141	1,444,645	2,023,141	1,444,645	1,844,031
Ending balance: loans acquired with deteriorated credit quality	1,008	1,739	1,008	1,739	1,449
Consumer Real Estate [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	892	624	857	633	633
Recoveries	4	3	9	6
Provision (Credit)	43	22	73	10
Ending Balance	939	649	939	649	857
Ending balance: collectively evaluated for impairment	939	649	939	649	857
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	37
FINANCING RECEIVABLES:
Ending balance	410,468	194,574	410,468	194,574	395,805
Ending balance: individually evaluated for impairment	657	770	657	770	604
Ending balance: collectively evaluated for impairment	409,318	193,741	409,318	193,741	394,489
Ending balance: loans acquired with deteriorated credit quality	493	63	493	63	712
Agricultural Real Estate [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	606	1,386	1,040	958	958
Provision (Credit)	(260)	(169)	(694)	259
Ending Balance	346	1,217	346	1,217	1,040
Ending balance: individually evaluated for impairment		914		914	691
Ending balance: collectively evaluated for impairment	346	303	346	303	349
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	0
FINANCING RECEIVABLES:
Ending balance	199,650	189,426	199,650	189,426	198,033
Ending balance: individually evaluated for impairment	2,414	6,522	2,414	6,522	6,725
Ending balance: collectively evaluated for impairment	197,039	181,923	197,039	181,923	191,107
Ending balance: loans acquired with deteriorated credit quality	197	981	197	981	201
Agricultural [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	844	616	709	701	701
Charge Offs				(142)
Recoveries		6		6
Provision (Credit)	(90)	98	45	155
Ending Balance	754	720	754	720	709
Ending balance: individually evaluated for impairment		117		117	1
Ending balance: collectively evaluated for impairment	754	603	754	603	708
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	0
FINANCING RECEIVABLES:
Ending balance	127,340	100,905	127,340	100,905	118,504
Ending balance: individually evaluated for impairment	1,296	248	1,296	248	20
Ending balance: collectively evaluated for impairment	126,044	100,657	126,044	100,657	118,484
Commercial Real Estate [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	9,573	7,668	9,130	7,415	7,415
Recoveries	3	3	5	5
Provision (Credit)	851	1,160	1,292	1,411
Ending Balance	10,427	8,831	10,427	8,831	9,130
Ending balance: individually evaluated for impairment		125		125	664
Ending balance: collectively evaluated for impairment	10,427	8,706	10,427	8,706	8,466
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	0
FINANCING RECEIVABLES:
Ending balance	977,588	689,728	977,588	689,728	847,110
Ending balance: individually evaluated for impairment	4,133	3,246	4,133	3,246	3,561
Ending balance: collectively evaluated for impairment	973,258	686,172	973,258	686,172	843,299
Ending balance: loans acquired with deteriorated credit quality	197	310	197	310	250
Commercial and Industrial [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	4,066	2,608	3,847	3,346	3,346
Charge Offs			(6)	(809)
Recoveries	65	5	74	10
Provision (Credit)	1,234	224	1,450	290
Ending Balance	5,365	2,837	5,365	2,837	3,847
Ending balance: individually evaluated for impairment	2,419		2,419		825
Ending balance: collectively evaluated for impairment	2,946	2,837	2,946	2,837	3,022
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	0
FINANCING RECEIVABLES:
Ending balance	264,124	227,256	264,124	227,256	240,138
Ending balance: individually evaluated for impairment	2,149	1,236	2,149	1,236	1,003
Ending balance: collectively evaluated for impairment	261,854	225,635	261,854	225,635	238,849
Ending balance: loans acquired with deteriorated credit quality	121	385	121	385	286
Consumer [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	623	595	625	606	606
Charge Offs	(117)	(38)	(205)	(100)
Recoveries	70	42	97	98
Provision (Credit)	(9)	14	50	9
Ending Balance	567	613	567	613	625
Ending balance: individually evaluated for impairment					3
Ending balance: collectively evaluated for impairment	567	613	567	613	622
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	0
FINANCING RECEIVABLES:
Ending balance	55,648	56,534	55,648	56,534	57,829
Ending balance: individually evaluated for impairment	20	17	20	17	26
Ending balance: collectively evaluated for impairment	55,628	56,517	55,628	56,517	57,803
Unallocated [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	167	928	34	13	13
Provision (Credit)	(141)	(708)	(8)	207
Ending Balance	26	220	26	220	34
Ending balance: collectively evaluated for impairment	26	220	26	220	34
Ending balance: loans acquired with deteriorated credit quality	0	0	0	0	0
Unfunded Loan Commitment & Letters of Credit [Member]
ALLOWANCE FOR CREDIT LOSSES:
Beginning balance	1,076	1,052	1,041	641	641
Other Non-interest expense related to unfunded	91	93	126	504
Ending Balance	1,167	1,145	1,167	1,145	1,041
Ending balance: collectively evaluated for impairment	1,167	1,145	1,167	1,145	1,041
Ending balance: loans acquired with deteriorated credit quality	$ 0	$ 0	$ 0	$ 0	$ 0

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail)	Jun. 03, 2022 USD ($) Director shares	Jun. 04, 2021 USD ($) Director shares	Oct. 01, 2021 USD ($) shares
Earnings Per Share [Abstract]
Number of directors received shares | shares	240	272	68
Number of directors received shares	12	10
Number of directors received prorated dollar value of shares		4
Compensation annual basis committee award | $	$ 10,013	$ 6,000	$ 1,523

Earnings Per Share - Calculatio

Earnings Per Share - Calculation of Basic Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income	$ 8,271	$ 8,102	$ 4,983	$ 4,909	$ 16,373	$ 9,892
Less: distributed earnings allocated to participating securities	(21)		(14)		(42)	(29)
Less: undistributed earnings allocated to participating securities	(48)		(23)		(96)	(46)
Net earnings available to common shareholders	$ 8,202		$ 4,946		$ 16,235	$ 9,817
Weighted average common shares outstanding including participating securities	13,065,975		11,191,043		13,066,123	11,194,011
Less: average unvested restricted shares	(108,849)		(84,125)		(110,004)	(85,353)
Weighted average common shares outstanding	12,957,126		11,106,918		12,956,119	11,108,658
Basic earnings per share	$ 0.63		$ 0.44		$ 1.25	$ 0.88
Diluted earnings per share	$ 0.63		$ 0.44		$ 1.25	$ 0.88

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Estimated Fair Values and Related Carrying or Notional Amounts (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financial Assets:
Securities - available-for-sale	$ 399,687	$ 429,931
Financial Liabilities:
Other borrowings		40,000
Subordinated notes, net of unamortized issuance costs	34,528	34,471
Reported Value Measurement [Member]
Financial Assets:
Cash and cash equivalents	71,439	180,823
Interest-bearing time deposits	6,684	10,913
Securities - available-for-sale	399,687	429,931
Other securities	8,735	8,162
Loans held for sale	4,230	7,714
Loans, net	2,016,394	1,841,177
Interest receivable	8,008	7,209
Financial Liabilities:
Total Deposits	2,224,046	2,193,462
Federal funds purchased and securities sold under agreement to repurchase	71,944	29,268
Federal Home Loan Bank advances	42,635	24,065
Other borrowings		40,000
Subordinated notes, net of unamortized issuance costs	34,528	34,471
Interest payable	923	1,125
Fair Value [Member]
Financial Assets:
Cash and cash equivalents	71,439	180,832
Interest-bearing time deposits	6,687	10,933
Securities - available-for-sale	399,687	429,931
Other securities	8,735	8,162
Loans held for sale	4,301	7,844
Loans, net	2,042,904	1,864,386
Interest receivable	8,008	7,209
Financial Liabilities:
Total Deposits	2,207,477	2,197,543
Federal funds purchased and securities sold under agreement to repurchase	71,944	29,268
Federal Home Loan Bank advances	42,930	24,305
Other borrowings		40,000
Subordinated notes, net of unamortized issuance costs	35,000	35,000
Interest payable	923	1,125
Level 1 [Member]
Financial Assets:
Cash and cash equivalents	71,439	180,823
Securities - available-for-sale	97,100	89,177
Level 2 [Member]
Financial Assets:
Interest-bearing time deposits	6,687	10,933
Securities - available-for-sale	299,173	335,981
Financial Liabilities:
Total Deposits	503,395	473,689
Other borrowings		40,000
Subordinated notes, net of unamortized issuance costs	35,000	35,000
Level 3 [Member]
Financial Assets:
Securities - available-for-sale	3,414	4,773
Other securities	8,735	8,162
Loans held for sale	4,301	7,844
Loans, net	2,042,904	1,864,386
Interest receivable	8,008	7,209
Financial Liabilities:
Total Deposits	1,704,082	1,723,854
Federal funds purchased and securities sold under agreement to repurchase	71,944	29,268
Federal Home Loan Bank advances	42,930	24,305
Interest payable	923	1,125
Interest Bearing Deposits [Member] | Reported Value Measurement [Member]
Financial Liabilities:
Total Deposits	1,296,402	1,248,294
Interest Bearing Deposits [Member] | Fair Value [Member]
Financial Liabilities:
Total Deposits	1,288,006	1,248,044
Interest Bearing Deposits [Member] | Level 3 [Member]
Financial Liabilities:
Total Deposits	1,288,006	1,248,044
Non Interest Bearing Deposits [Member] | Reported Value Measurement [Member]
Financial Liabilities:
Total Deposits	503,395	473,689
Non Interest Bearing Deposits [Member] | Fair Value [Member]
Financial Liabilities:
Total Deposits	503,395	473,689
Non Interest Bearing Deposits [Member] | Level 2 [Member]
Financial Liabilities:
Total Deposits	503,395	473,689
Time Deposits [Member] | Reported Value Measurement [Member]
Financial Liabilities:
Total Deposits	424,249	471,479
Time Deposits [Member] | Fair Value [Member]
Financial Liabilities:
Total Deposits	416,076	475,810
Time Deposits [Member] | Level 3 [Member]
Financial Liabilities:
Total Deposits	$ 416,076	$ 475,810

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Financial Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	$ 399,687	$ 429,931
Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	97,100	89,177
Level 1 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	97,100	89,177
Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	299,173	335,981
Level 2 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	299,173	335,981
Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	3,414	4,773
Level 3 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	3,414	4,773
U.S. Treasury [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	97,100	89,177
U.S. Treasury [Member] | Level 1 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	97,100	89,177
U.S. Government Agencies [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	141,512	156,886
U.S. Government Agencies [Member] | Level 2 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	141,512	156,886
Mortgage-backed Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	93,981	117,927
Mortgage-backed Securities [Member] | Level 2 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	93,981	117,927
State and Local Governments [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	67,094	65,941
State and Local Governments [Member] | Level 2 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	63,680	61,168
State and Local Governments [Member] | Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	3,414	4,773
State and Local Governments [Member] | Level 3 [Member] | Fair Value on a Recurring Basis [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Total Securities Available-for-Sale	$ 3,414	$ 4,773

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Additional Information (Detail) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Mar. 31, 2022 Security	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Security transfer from Level 3 to Level 2 | Security	1
Collateral dependent impaired loans categorized as Level 3		$ 10,669	$ 11,939	$ 12,039
Specific allocation for collateral dependent impaired loans		2,419	2,184	$ 1,156
Impairment		189	414
Collateral Dependent [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Specific allocation for collateral dependent impaired loans		2,400	2,200
Level 3 [Member] | Collateral Dependent [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Collateral dependent impaired loans categorized as Level 3		$ 2,600	$ 8,500

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Changes in the Level 3 Fair Value Category of Unobservable Inputs (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
State and Local Governments Tax-Exempt [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 2,108	$ 0	$ 2,307	$ 0
Change in Market Value	(19)	(8)	(58)	(8)
Purchases		2,418	0	2,418
Payments & Maturities	0	0	(160)	0
Reclassification & Adjustments	0	0	0	0
Ending Balance	2,089	2,410	2,089	2,410
State and Local Governments Taxable[Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	1,394	1,539	2,466	1,562
Change in Market Value	(69)	(1)	(152)	(24)
Purchases		0	0	0
Payments & Maturities	0	0	0	0
Reclassification & Adjustments		0	(989)	0
Ending Balance	1,325	1,538	1,325	1,538
State and Local Governments [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	3,502	1,539	4,773	1,562
Change in Market Value	(88)	(9)	(210)	(32)
Purchases	0	2,418	0	2,418
Payments & Maturities	0	0	(160)	0
Reclassification & Adjustments	0	0	(989)	0
Ending Balance	$ 3,414	$ 3,948	$ 3,414	$ 3,948

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail) $ in Thousands	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 399,687	$ 429,931
State and Local Governments [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	67,094	65,941
Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	3,414	4,773
Level 3 [Member] | State and Local Governments [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 3,414	$ 4,773
Valuation Technique	us-gaap:ValuationTechniqueDiscountedCashFlowMember	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Unobservable Inputs	us-gaap:MeasurementInputDiscountRateMember	us-gaap:MeasurementInputDiscountRateMember
Level 3 [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 2,570	$ 8,527
Valuation Technique	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Level 3 [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 3,426	$ 3,157
Valuation Technique	us-gaap:ValuationTechniqueDiscountedCashFlowMember	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Unobservable Inputs	us-gaap:MeasurementInputDiscountRateMember	us-gaap:MeasurementInputDiscountRateMember
Level 3 [Member] | Other Real Estate Owned-Residential [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value		$ 99
Valuation Technique		us-gaap:MarketApproachValuationTechniqueMember
Unobservable Inputs		us-gaap:MeasurementInputAppraisedValueMember
Discount rate		32.72
Level 3 [Member] | Minimum [Member] | State and Local Governments [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	1.84	0.21
Level 3 [Member] | Minimum [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	20	20
Level 3 [Member] | Minimum [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	15.24	1.94
Level 3 [Member] | Weighted Average | State and Local Governments [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	3.35	1.33
Level 3 [Member] | Weighted Average | Collateral Dependent Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	22.05	34.78
Level 3 [Member] | Weighted Average | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	17.30	18.44
Level 3 [Member] | Weighted Average | Other Real Estate Owned-Residential [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate		32.72
Level 3 [Member] | Maximum [Member] | State and Local Governments [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	4.08	1.77
Level 3 [Member] | Maximum [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	22.18	53.95
Level 3 [Member] | Maximum [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate	55.96	27.70

Fair Value of Financial Instr_8

Fair Value of Financial Instruments - Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Level 3 [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	$ 2,570	$ 8,527
Level 3 [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	3,426	3,157
Other Real Estate Owned-Residential [Member] | Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total		99
Fair Value on Nonrecurring Basis [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	2,570	8,527
Fair Value on Nonrecurring Basis [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	3,426	3,157
Fair Value on Nonrecurring Basis [Member] | Level 3 [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	2,570	8,527
Fair Value on Nonrecurring Basis [Member] | Level 3 [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total	$ 3,426	3,157
Fair Value on Nonrecurring Basis [Member] | Other Real Estate Owned-Residential [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total		99
Fair Value on Nonrecurring Basis [Member] | Other Real Estate Owned-Residential [Member] | Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis, Total		$ 99

Federal Funds Purchased and S_3

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase - Additional Information (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Fees And Commissions Income [Abstract]
Federal funds purchased	$ 39,055,000	$ 0
Securities sold under agreements to repurchase	$ 32,900,000	$ 29,300,000

Federal Funds Purchased and S_4

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase - Schedule of Remaining Contractual Maturity in Repurchase Agreements (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Assets Sold under Agreements to Repurchase [Line Items]
Federal funds purchased	$ 39,055,000	$ 0
Repurchase agreements, Remaining contractual maturity of the agreements	32,900,000	29,300,000
Total	71,944,000	29,268,000
Overnight & Continuous [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Federal funds purchased	39,055,000
Total	40,504,000	1,062,000
30-90 Days [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Total	5,880,000	3,900,000
Greater Than 90 Days [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Total	25,560,000	24,306,000
US Treasury & Agency Securities [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements, Remaining contractual maturity of the agreements	32,889,000	29,268,000
US Treasury & Agency Securities [Member] | Overnight & Continuous [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements, Remaining contractual maturity of the agreements	1,449,000	1,062,000
US Treasury & Agency Securities [Member] | 30-90 Days [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements, Remaining contractual maturity of the agreements	5,880,000	3,900,000
US Treasury & Agency Securities [Member] | Greater Than 90 Days [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements, Remaining contractual maturity of the agreements	$ 25,560,000	$ 24,306,000

Subordinated Notes - Additional

Subordinated Notes - Additional Information (Detail) $ in Millions	Jul. 30, 2021 USD ($)
Debt Instrument [Line Items]
Debt instrument basis points	2.63%
Debt instrument, frequency of periodic payment	semi-annually
Term of loan	5 years
Redemption price of principal amount of notes redeemed	100%
Private Placement
Debt Instrument [Line Items]
Subordinated notes	$ 35
Fixed-to-floating interest rate	3.25%
Percentage of notes prices on principal amount	100%

Subordinated Notes - Schedule o

Subordinated Notes - Schedule of Subordinated Notes (Detail) - Subordinated Notes - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Principal	$ 35,000	$ 35,000
Unamortized Note Issuance Costs	$ (472)	$ (529)

Proposed Business Combination -

Proposed Business Combination - Additional Information (Detail) - Merger Agreement {Member] $ / shares in Units, $ in Millions	Jun. 14, 2022 USD ($) $ / shares shares
Business Acquisition [Line Items]
Maximum number of shares exchanged in merger agreement | shares	758,566
PPSF [Member]
Business Acquisition [Line Items]
Share price per share | $ / shares	$ 34.28
Transaction value for common stock and cash | $	$ 27
Number of shares elect to receive in merger agreement | shares	0.6597
Share price | $ / shares	$ 24