Hawthorn Bancshares (HWBK) 10-K 17 Mar 22 2021 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 14, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Current Fiscal Year End Date	--12-31
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	0-23636
Entity Registrant Name	HAWTHORN BANCSHARES, INC.
Entity Incorporation, State or Country Code	MO
Entity Tax Identification Number	43-1626350
Entity Address, Address Line One	132 East High Street, Box 688
Entity Address, City or Town	Jefferson City
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	65102
City Area Code	573
Local Phone Number	761-6100
Title of 12(b) Security	Common Stock, $1.00 par value
Trading Symbol	HWBK
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Public Float			$ 133,910,245
Entity Common Stock, Shares Outstanding		6,596,873
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the following documents are incorporated by reference into the indicated parts of this report: (1) 2021 Annual Report to Shareholders - Part II and (2) definitive Proxy Statement for the 2022 Annual Meeting of Shareholders to be filed with the Commission pursuant to Regulation 14A - Part III.
Entity Central Index Key	0000893847
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Audit Information [Abstract]
Auditor Firm ID	185
Auditor Name	KPMG LLP
Auditor Location	St. Louis, MO

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 17,287	$ 19,235
Federal funds sold and other interest-bearing deposits	142,622	161,128
Cash and cash equivalents	159,909	180,363
Certificates of deposit in other banks	5,193	9,376
Available-for-sale debt securities, at fair value	310,870	198,030
Other investments	5,408	6,353
Total investment securities	316,278	204,383
Loans held for investment	1,302,133	1,286,967
Allowance for loan losses	(16,903)	(18,113)
Net loans	1,285,230	1,268,854
Loans held for sale	2,249	5,099
Premises and equipment - net	32,719	34,561
Mortgage servicing rights, at fair value	2,659	2,445
Other real estate owned - net	10,525	12,291
Accrued interest receivable	6,621	6,640
Cash surrender value - life insurance	2,509	2,451
Other assets	7,658	7,268
Total assets	1,831,550	1,733,731
Deposits
Non-interest bearing demand	453,066	382,492
Savings, interest checking and money market	818,358	723,808
Time deposits $250,000 and over	69,075	91,263
Other time deposits	176,321	186,043
Total deposits	1,516,820	1,383,606
Federal funds purchased and securities sold under agreements to repurchase	23,829	45,154
Federal Home Loan Bank advances and other borrowings	77,418	106,674
Subordinated notes	49,486	49,486
Operating lease liabilities	1,837	2,137
Accrued interest payable	282	837
Other liabilities	12,922	15,248
Total liabilities	1,682,594	1,603,142
Stockholders’ equity:
Common stock, $1 par value, authorized 15,000,000 shares; issued 7,023,821 and 6,769,322 shares, respectively	7,024	6,769
Surplus	64,437	59,307
Retained earnings	82,300	68,935
Accumulated other comprehensive income, net of tax	3,293	1,528
Treasury stock; 406,846, and 289,214 shares, at cost, respectively	(8,098)	(5,950)
Total stockholders’ equity	148,956	130,589
Total liabilities and stockholders’ equity	$ 1,831,550	$ 1,733,731

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common Stock, authorized (in shares)	15,000,000	15,000,000
Common Stock, issued (in shares)	7,023,821	6,769,322
Treasury stock, shares (in shares)	406,846	289,214

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
INTEREST INCOME
Interest and fees on loans	$ 59,248	$ 58,129	$ 58,414
Interest and fees on loans held for sale	102	120	0
Interest on investment securities:
Taxable	2,798	3,037	3,623
Nontaxable	1,660	688	536
Federal funds sold, other interest-bearing deposits, and certificates of deposit in other banks	345	668	1,125
Dividends on other investments	301	343	272
Total interest income	64,454	62,985	63,970
Interest on deposits:
Savings, interest checking and money market	1,113	1,858	5,242
Time deposit accounts $250,000 and over	575	1,351	2,110
Time deposits	1,446	2,641	3,026
Total interest expense on deposits	3,134	5,850	10,378
Interest on federal funds purchased and securities sold under agreements to repurchase	87	146	140
Interest on Federal Home Loan Bank advances	1,461	2,199	2,338
Interest on subordinated notes	1,227	1,527	2,376
Total interest expense on borrowings	2,775	3,872	4,854
Total interest expense	5,909	9,722	15,232
Net interest income	58,545	53,263	48,738
(Release of) provision for loan losses	(1,700)	5,800	1,150
Net interest income after (release of) provision for loan losses	60,245	47,463	47,588
NON-INTEREST INCOME
Gain on sale of mortgage loans, net	7,165	7,109	771
Other	261	572	291
Total non-interest income	16,382	14,973	9,010
Investment securities gains (losses), net	149	61	(40)
Gain on branch sale, net	0	0	2,183
NON-INTEREST EXPENSE
Salaries and employee benefits	27,657	26,151	21,597
Occupancy expense, net	3,075	3,069	3,122
Furniture and equipment expense	3,067	3,043	2,847
Processing, network, and bank card expense	4,751	3,864	3,882
Legal, examination, and professional fees	3,024	1,458	1,211
Advertising and promotion	1,227	1,095	1,256
Postage, printing, and supplies	838	897	871
Loan expense	823	1,137	698
Other	4,100	4,307	3,320
Total non-interest expense	48,562	45,021	38,804
Income before income taxes	28,214	17,476	19,937
Income tax expense	5,697	3,183	3,823
Net income	$ 22,517	$ 14,293	$ 16,114
Basic earnings per share (in dollars per share)	$ 3.40	$ 2.12	$ 2.38
Diluted earnings per share (in dollars per share)	$ 3.40	$ 2.12	$ 2.38
Service charges and other fees
NON-INTEREST INCOME
Income from fees	$ 3,094	$ 2,955	$ 3,611
Bank card income and fees
NON-INTEREST INCOME
Income from fees	3,958	3,201	3,061
Trust department income
NON-INTEREST INCOME
Income from fees	1,324	1,185	1,237
Real estate servicing fees, net
NON-INTEREST INCOME
Income from fees	$ 580	$ (49)	$ 39

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 22,517	$ 14,293	$ 16,114
Investment securities available-for-sale:
Unrealized (losses) gains on investment securities available-for-sale, net of tax	(2,895)	3,408	3,400
Adjustment for (gains) losses on sale of investment securities, net of tax	(96)	(32)	32
Defined benefit pension plans:
Net gains (losses) arising during the year, net of tax	4,466	1,738	(1,150)
Amortization of prior service cost included in net periodic pension cost, net of tax	290	169	62
Total other comprehensive income	1,765	5,283	2,344
Total comprehensive income	$ 24,282	$ 19,576	$ 18,458

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Surplus	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Balance at Dec. 31, 2018	$ 99,414	$ 6,279	$ 50,173	$ 54,105	$ (6,099)	$ (5,044)
Increase (Decrease) in Stockholders' Equity
Net income	16,114			16,114
Other comprehensive income (loss)	2,344				2,344
Stock dividend		241	5,554	(5,795)
Cash dividends declared, common stock	(2,834)			(2,834)
Balance at Dec. 31, 2019	115,038	6,520	55,727	61,590	(3,755)	(5,044)
Increase (Decrease) in Stockholders' Equity
Net income	14,293			14,293
Other comprehensive income (loss)	5,283				5,283
Purchase of treasury stock	(906)					(906)
Stock dividend		249	3,580	(3,829)
Cash dividends declared, common stock	(3,119)			(3,119)
Balance at Dec. 31, 2020	130,589	6,769	59,307	68,935	1,528	(5,950)
Increase (Decrease) in Stockholders' Equity
Net income	22,517			22,517
Other comprehensive income (loss)	1,765				1,765
Purchase of treasury stock	(2,148)					(2,148)
Stock dividend		255	5,130	(5,385)
Cash dividends declared, common stock	(3,767)			(3,767)
Balance at Dec. 31, 2021	$ 148,956	$ 7,024	$ 64,437	$ 82,300	$ 3,293	$ (8,098)

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.04	$ 0.04	$ 0.04
Common stock, dividends declared (in dollars per share)	$ 0.58	$ 0.49	$ 0.46

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net income	$ 22,517	$ 14,293	$ 16,114
Adjustments to reconcile net income to net cash from operating activities:
(Release of) provision for loan losses	(1,700)	5,800	1,150
Depreciation expense	2,283	2,265	2,062
Net amortization of investment securities, premiums, and discounts	1,743	1,493	1,386
Change in fair value of mortgage servicing rights	186	903	739
Investment securities (gains) losses, net	(149)	(61)	40
Losses (gains) on sales and dispositions of premises and equipment	29	(104)	48
Gain on sales and dispositions of other real estate	(27)	(224)	(122)
Gain on branch sale, net	0	0	(2,183)
Provision for other real estate owned	965	5	49
Decrease (increase) in accrued interest receivable	19	(159)	(319)
Increase in cash surrender value - life insurance	(58)	(53)	(78)
(Increase) decrease in other assets	(2,222)	9	1,158
Decrease in operating lease liabilities	(300)	(87)	(201)
(Decrease) increase in accrued interest payable	(555)	(299)	101
Increase (decrease) in other liabilities	4,981	1,907	(718)
Origination of mortgage loans held for sale	(196,924)	(193,488)	(43,355)
Proceeds from the sale of mortgage loans held for sale	206,989	195,926	44,281
Gain on sale of mortgage loans, net	(7,165)	(7,109)	(771)
Mortgage servicing rights originations	0	0	0
Net cash provided by operating activities	30,612	21,017	19,381
Cash flows from investing activities:
Purchase of certificates of deposit in other banks	(245)	(980)	(988)
Proceeds from maturities of certificates of deposit in other banks	4,436	2,466	2,373
Net increase in loans	(15,849)	(119,273)	(23,820)
Purchase of available-for-sale debt securities	(178,576)	(100,206)	(31,106)
Proceeds from maturities of available-for-sale debt securities	38,386	52,962	39,467
Proceeds from calls of available-for-sale debt securities	16,515	21,285	16,165
Proceeds from sales of available-for-sale debt securities	5,420	5,845	21,503
Purchases of FHLB stock	(362)	(2,018)	(6,522)
Proceeds from sales of FHLB stock	1,334	1,492	6,390
Purchases of premises and equipment	(591)	(1,828)	(2,168)
Proceeds from sales of premises and equipment	46	178	17
Proceeds from Bank owned life insurance policy	0	0	222
Payment for branch sale, net	0	0	(6,700)
Proceeds from sales of other real estate and repossessed assets	1,551	516	1,435
Net cash (used in) provided by investing activities	(127,935)	(139,561)	16,268
Cash flows from financing activities:
Net increase in demand deposits	70,574	121,325	3,999
Net increase in interest-bearing transaction accounts	94,550	109,477	3,548
Net decrease in time deposits	(31,910)	(33,717)	(8,865)
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase	(21,325)	17,882	2,625
Repayment of FHLB advances and other borrowings	(29,256)	(59,245)	(176,708)
FHLB advances	0	69,000	178,474
Purchase of treasury stock	(2,148)	(906)	0
Cash dividends paid - common stock	(3,616)	(3,030)	(2,684)
Net cash provided by financing activities	76,869	220,786	389
Net increase (decrease) in cash and cash equivalents	(20,454)	102,242	36,038
Cash and due from banks at beginning of year	180,363	78,121	42,083
Cash and due from banks at end of year	159,909	180,363	78,121
Cash paid during the year for:
Interest	6,464	10,023	15,150
Income taxes	4,729	2,305	3,620
Noncash investing and financing activities:
Other real estate and repossessed assets acquired in settlement of loans	723	73	452
Net deposits and fixed assets transferred to other assets related to the Branson branch sale	0	0	(8,885)
Right of use assets obtained in exchange for new operating lease liabilities	0	169	2,424
Stock dividends	$ 5,385	$ 3,829	$ 5,795

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Hawthorn Bancshares, Inc. (the Company) through its subsidiary, Hawthorn Bank (the Bank), provides a broad range of banking services to individual and corporate customers located within the communities in and surrounding Jefferson City, Columbia, Clinton, Warsaw, Springfield, St. Louis, and the greater Kansas City metropolitan area. The Company is subject to competition from other financial and nonfinancial institutions providing financial products. Additionally, the Company and its subsidiaries are subject to the regulations of certain regulatory agencies and undergo periodic examinations by those regulatory agencies. The accompanying consolidated financial statements of the Company have been prepared in conformity with U.S. generally accepted accounting principles (U.S. GAAP). The preparation of the consolidated financial statements includes all adjustments that, in the opinion of management, are necessary in order to make those statements not misleading. Management is required to make estimates and assumptions, including the determination of the allowance for loan losses, real estate acquired in connection with foreclosure or in satisfaction of loans, and fair values of investment securities available-for-sale that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company's management has evaluated and did not identify any subsequent events or transactions requiring recognition or disclosure in the consolidated financial statements other than what is disclosed in the Pending Litigation section below. The significant accounting policies used by the Company in the preparation of the consolidated financial statements are summarized below: Principles of Consolidation In December of 2008, the Company formed Hawthorn Real Estate, LLC, (the Real Estate Company); a wholly owned subsidiary of the Company. In December of 2017, the Company formed Hawthorn Risk Management, Inc., (the Insurance Captive); a wholly owned subsidiary of the Company. The consolidated financial statements include the accounts of the Company, Hawthorn Bank (the Bank), the Real Estate Company, and the Insurance Captive. All significant intercompany accounts and transactions have been eliminated in consolidation. Loans Loans that the Company has the intent and ability to hold for the foreseeable future or to maturity are held for investment at their stated unpaid principal balance amount less unearned income and the allowance for loan losses. Income on loans is accrued on a simple-interest basis. Loan origination fees and certain direct costs are deferred and recognized over the life of the loan as an adjustment to yield. Loans Held for Sale Loans originated, primarily one-to-four family residential mortgage loans, with the intent to be sold in the secondary market are classified as held for sale. In the fourth quarter of 2021, the Company elected the fair value option for all newly originated long-term personal real estate loans held for sale. As of December 31, 2021, all loans held for sale were carried at fair value. At December 31, 2020 loans held for sale were being carried at the lower of cost or estimated fair value. Adjusted cost reflects the funded loan amount and any loan origination costs and fees. In order to manage the risk associated with such activities, the Company upon locking in an interest rate with the borrower enters into an agreement to sell such loans in the secondary market. The Company sells loans with servicing retained or released depending on pricing and market conditions. Mortgage loans held for sale were $2.2 million at December 31, 2021 compared to $5.1 million at December 31, 2020. Impaired Loans A loan is considered impaired when it is probable the Company will be unable to collect all amounts due, both principal and interest, according to the contractual terms of the loan agreement. Included in impaired loans are all non-accrual loans and loans whose terms have been modified in a troubled debt restructuring. Impaired loans are individually evaluated for impairment based on fair values of the underlying collateral, obtained through independent appraisals or internal valuations for a collateral dependent loan or by discounting the total expected future cash flows. Non-Accrual Loans Loans are placed on non-accrual status when management believes that the borrower's financial condition, after consideration of business conditions and collection efforts, is such that collection of interest is doubtful. Loans that are contractually 90 days past due as to principal and/or interest payments are generally placed on non-accrual, unless they are both well-secured and in the process of collection. Consumer loans and real estate loans secured by one-to-four family residential properties are exempt from these non-accrual guidelines. These loans are placed on non-accrual after 120 days past due. Subsequent interest payments received on such loans are applied to principal if doubt exists as to the collectability of such principal; otherwise, such receipts are recorded as interest income on a cash basis. A loan remains on non-accrual status until the loan is current as to payment of both principal and interest and/or the borrower demonstrates the ability to pay and remain current. Restructured Loans A loan is accounted for as a troubled debt restructuring (TDR) if the Company, for economic or legal reasons related to the borrowers' financial difficulties, grants a concession to the borrower that it would not otherwise consider. A TDR typically involves (1) modification of terms such as a reduction of the stated interest rate, loan principal, accrued interest, or an extended maturity date, (2) a loan renewal at a stated interest rate lower than the current market rate for a new loan with similar risk, or (3) debt that was not reaffirmed in bankruptcy. Nonperforming TDRs are returned to performing status once the borrower demonstrates the ability to pay under the terms of the restructured note through a sustained period of repayment performance, which is generally six months. The Company includes all performing and non-performing TDRs in the impaired and non-performing asset totals. The Company measures the impairment loss of a TDR in the same manner as described below. TDRs which are performing under their contractual terms continue to accrue interest which is recognized in current earnings. Allowance for Loan Losses Management has identified the accounting policy related to the allowance for loan losses as critical to the understanding of the Company's results of operations, since the application of this policy requires significant management assumptions and estimates that could result in materially different amounts to be reported if conditions or underlying circumstances were to change. The fair value of impaired loans deemed collateral dependent, for purposes of the measurement of the impairment loss, can be subject to changing market conditions, supply and demand, condition of the collateral and other factors over time. Such volatility can have an impact on the financial performance of the Company. Loans, or portions of loans, are charged off to the extent deemed uncollectible or a loss is confirmed. When loans become 90 days past due, they are generally placed on non-accrual status or charged off unless extenuating circumstances justify leaving the loan on accrual basis. When loans reach 120 days past due and there is little likelihood of repayment, the uncollectible portion of the loans are charged off. Loan charge-offs reduce the allowance for loan losses, and recoveries of loans previously charged off are added back to the allowance. If management determines that it is probable that all amounts due on a loan will not be collected under the original terms of the loan agreement, the loan is considered to be impaired. The specific reserve component applies to loans evaluated individually for impairment. The net carrying value of impaired loans is generally based on the fair values of collateral obtained through independent appraisals and/or internal evaluations, or by discounting the total expected future cash flows. Once the impairment amount is calculated, a specific reserve allocation is recorded. The incurred loss component of the general reserve, or loans collectively evaluated for impairment, is determined by applying loss rates to pools of loans by loan type. Loans not individually evaluated are aggregated by risk characteristics and reserves are recorded using a consistent methodology that considers historical loan loss experience by loan type. The Company believes that the look-back period beginning January 1, 2012 provides a representative historical loss period in the current economic environment. These historical loss rates for each risk group are used as the starting point to determine loss rates for measurement purposes. The historical loan loss rates are multiplied by loss emergence periods (LEP) which represent the estimated time period between a borrower first experiencing financial difficulty and the recognition of a loss. The Company's methodology includes qualitative risk factors that allow management to adjust its estimates of losses based on the most recent information available and to address other limitations in the quantitative component that is based on historical loss rates. Such risk factors are generally reviewed and updated quarterly, as appropriate, and are adjusted to reflect changes in national and local economic conditions and developments, the nature, volume and terms of loans in the portfolio, including changes in volume and severity of past due loans, the volume of nonaccrual loans, and the volume and severity of adversely classified or graded loans, loan concentrations, assessment of trends in collateral values, assessment of changes in the quality of the Company's internal loan review department, and changes in lending policies and procedures, including underwriting standards and collections, charge-off and recovery practices. Certificates of Deposit in other banks Certificates of deposit are investments made by the Company with other financial institutions, in amounts less than $250,000 each in order to qualify for FDIC insurance coverage, that are carried at cost which approximates fair values. Investment Securities Available for sale securities The largest component of the Company's investment portfolio consists of debt securities which are classified as available-for-sale and are carried at fair value. Changes in fair value, excluding certain losses associated with other-than-temporary impairment, are reported in other comprehensive income, net of taxes, a component of stockholders' equity. Securities are periodically evaluated for other-than-temporary impairment in accordance with guidance provided in the FASB ASC Topic 320, Investments – Debt Securities. For those securities with other-than-temporary impairment, the entire loss in fair value is required to be recognized in current earnings if the Company intends to sell the securities or believes it more likely than not that it will be required to sell the security before the anticipated recovery. If neither condition is met, but the Company does not expect to recover the amortized cost basis, the Company determines whether a credit loss has occurred, which is then recognized in current earnings. The amount of the total other-than-temporary impairment related to all other factors is recognized in other comprehensive income. Premiums and discounts are amortized using the interest method over the lives of the respective securities, with consideration of historical and estimated prepayment rates for mortgage-backed securities, as an adjustment to yield. Dividend and interest income are recognized when earned. Realized gains and losses for securities classified as available-for-sale are included in earnings based on the specific identification method for determining the cost of securities sold. Other investment securities Other investment securities include equity securities with readily determinable fair values and other investment securities that do not have readily determinable fair values. Investments in Federal Home Loan Bank (FHLB) stock, and Midwest Independent Bank (MIB) bankers bank stock, that do not have readily determinable fair values, are required for membership in those organizations. Equity securities with readily determinable fair values are recorded at fair value, with changes in fair value reflected in earnings. Equity securities that do not have readily determinable fair values are carried at cost and are periodically assessed for impairment. Capital Stock of the Federal Home Loan Bank The Bank, as a member of the Federal Home Loan Bank System administered by the Federal Housing Finance Agency, is required to maintain an investment in the capital stock of the Federal Home Loan Bank of Des Moines (FHLB) in an amount equal to 12 basis points of the Bank's year-end total assets plus 4.00% of advances from the FHLB to the Bank. These investments are recorded at cost, which represents redemption value. Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation. Depreciation applicable to buildings and improvements and furniture and equipment is charged to expense using straight-line and accelerated methods over the estimated useful lives of the assets. Such lives are estimated to be 5 to 40 years for buildings and improvements and 3 to 15 years for furniture and equipment. Maintenance and repairs are charged to expense as incurred. Derivative Assets and Liabilities The Company recognizes derivatives as either assets or liabilities in the balance sheet, and measures those instruments at fair value. Loan commitments related to the origination or acquisition of mortgage loans that will be held for sale are accounted for as derivative instruments. The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). The Company also enters into forward sales commitments for the mortgage loans underlying the rate lock commitments. The Company uses derivative instruments to manage the fair value changes in interest rate lock commitments and loan portfolios which are exposed to interest rate risk. The Company does not use derivative instruments for trading or speculative purposes. Certain derivative financial instruments are generally entered into as economic hedges against changes in the fair value of a recognized asset or liability and are not designated as hedges for accounting purposes. These non-designated derivatives are intended to provide interest rate protection but do not meet hedge accounting treatment. Changes in the fair value of these instruments are recorded in non-interest income and non-interest expense related to the other asset or other liability in the consolidated statements of income. Management has determined these derivatives do not have a material effect on the Company's financial position, results of operations or cash flows. Mortgage Servicing Rights The Company originates and sells residential mortgage loans in the secondary market and typically retains the right to service the loans sold. Servicing involves the collection of payments from individual borrowers and the distribution of those payments to the investors or master servicer. Upon a sale of mortgage loans for which servicing rights are retained, the retained mortgage servicing rights asset is capitalized at the fair value of future net cash flows expected to be realized for performing servicing activities. Mortgage servicing rights are carried at fair value in the consolidated balance sheet with changes in the fair value recognized in earnings. As most servicing rights do not trade in an active market with readily observable prices, the Company determines the fair value of mortgage servicing rights by estimating the fair value of the future cash flows associated with the mortgage loans being serviced. Key assumptions used in measuring the fair value of mortgage servicing rights include, but are not limited to, prepayment speeds, discount rates, delinquencies, ancillary income, and cost to service. These assumptions are validated on a periodic basis. The fair value is validated on a quarterly basis with an independent third party valuation specialist firm. In addition to the changes in fair value of the mortgage servicing rights, the Company also records loan servicing fee income as part of real estate servicing fees, net in the consolidated statements of income. Loan servicing fee income represents revenue earned for servicing mortgage loans. The servicing fees are based on contractual percentage of the outstanding principal balance and recognized as revenue as the related mortgage payments are collected. Corresponding loan servicing costs are charged to expense as incurred. Other Real Estate Owned and Repossessed Assets Other real estate owned and repossessed assets consist of loan collateral that has been repossessed through foreclosure. This collateral is comprised of commercial and residential real estate and other non-real estate property, including autos, manufactured homes, and construction equipment. Other real estate owned assets are initially recorded as held for sale at the fair value of the collateral less estimated selling costs. Any adjustment is recorded as a charge-off against the allowance for loan losses. The Company relies on external appraisals and assessment of property values by internal staff. In the case of non-real estate collateral, reliance is placed on a variety of sources, including external estimates of value and judgment based on experience and expertise of internal specialists. Subsequent to foreclosure, valuations are updated periodically, and the assets may be written down to reflect a new cost basis. The valuation write-downs are recorded as other non-interest expense. The Company establishes a valuation allowance related to other real estate owned and repossessed assets on an asset-by-asset basis. The valuation allowance is created during the holding period when the fair value less cost to sell is lower than the cost of the asset. Pension Plan The Company provides a noncontributory defined benefit pension plan for all full-time and eligible employees. The benefits are based on age, years of service and the level of compensation during the employees highest ten years of compensation before retirement. Net periodic costs are recognized as employees render the services necessary to earn the retirement benefits. The Company records annual amounts relating to its pension plan based on calculations that incorporate various actuarial and other assumptions including discount rates, mortality, assumed rates of return, compensation increases, and turnover rates. The Company reviews its assumptions on an annual basis and may make modifications to the assumptions based on current rates and trends when it is appropriate to do so. The Company believes that the assumptions utilized in recording its obligations under its plan are reasonable based on its experience and market conditions. The Company follows authoritative guidance included in the FASB ASC Topic 715, Compensation – Retirement Plans under the subtopic Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans. ASC Topic 715 requires an employer to recognize the overfunded or underfunded status of a defined benefit postretirement plan (other than a multiemployer plan) as an asset or liability in its consolidated balance sheet and to recognize changes in the funded status in the year in which the changes occur through comprehensive income. This guidance also requires an employer to measure the funded status of a plan as of the date of its fiscal year-end, with limited exceptions. Additional disclosures are required to provide users with an understanding of how investment allocation decisions are made, major categories of plan assets, and fair value measurement of plan assets as defined in ASC Topic 820 , Fair Value Measurements and Disclosures . Investments in historic tax credits . The Company has a noncontrolling financial investment in a private investment fund and partnership that finances the rehabilitation and re-use of historic buildings. This unconsolidated investment may generate a return through the realization of federal income tax credits, as well as other tax benefits, such as tax deductions from net operating losses of the investments over a period of time. Investments in historic tax credits are accounted for under the equity method of accounting and the Company’s recorded investment in these entities is carried in other assets on the Consolidated Balance Sheets with any unfunded commitment recorded in other liabilities. The tax credits and other net tax benefits received are recognized as a component of income tax expense in the Consolidated Statements of Income. Income Taxes Income taxes are accounted for under the asset / liability method by recognizing the amount of taxes payable or refundable for the current period and deferred tax assets and liabilities for future tax consequences of events that have been recognized in the Company's financial statements or tax returns. Deferred income tax assets and liabilities are provided as temporary differences between the tax basis of an asset or liability and its reported amount in the consolidated financial statements at the enacted tax rate expected to be applied in the period the deferred tax item is expected to be realized. A valuation allowance, if needed, reduces deferred tax assets to the expected amount most likely to be realized. Realization of deferred tax assets is dependent upon the generation of a sufficient level of future taxable income and recoverable taxes paid in prior years. A tax position is initially recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions are initially and subsequently measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and all relevant facts. Penalties and interest incurred under the applicable tax law are classified as income tax expense. The Company has not recognized any tax liabilities or any interest or penalties in income tax expense related to uncertain tax positions as of December 31, 2021, 2020, and 2019. Trust Department Property held by the Bank in a fiduciary or agency capacity for customers is not included in the accompanying consolidated balance sheets, since such items are not assets of the Company. Trust department income is recognized on the accrual basis. Consolidated Statements of Cash Flows For the purpose of the consolidated statements of cash flows, cash and cash equivalents consist of short-term federal funds sold and securities sold or purchased under agreements to resell, overnight interest earning deposits with banks, cash, and due from banks. Treasury Stock The purchase of the Company's common stock is recorded at cost. Purchases of the stock are made both in the open market and through negotiated private purchases based on market prices. At the date of subsequent reissue, the treasury stock account is reduced by the cost associated with such stock on a first-in-first-out basis. Gains on the sale of treasury stock are credited to additional paid-in-capital. Losses on the sale of treasury stock are charged to additional paid-in-capital to the extent of previous gains, otherwise charged to retained earnings. Stock Dividend On July 1, 2021, the Company paid a special stock dividend of four percent to shareholders of record at the close of business on June 15, 2021. For all periods presented, share information, including basic and diluted earnings per share, has been adjusted retroactively to reflect this change. CARES Act On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act ("CARES Act") was signed into law, which, in part, established a loan program administered through the U.S. Small Business Administration ("SBA"), referred to as the Paycheck Protection Program ("PPP"). Under the PPP, small businesses, sole proprietorships, independent contractors, non-profit organizations and self-employed individuals could apply for loans from existing SBA lenders and other approved regulated lenders that enroll in the program, subject to numerous limitations and eligibility criteria. The Company is participating as a lender in the PPP program. All loans have a 1% interest rate and the Company earns a fee that is based upon a tiered schedule corresponding with the amount of the loan to the borrower, which is deferred and recognized over the life of the loan. Based upon the borrower meeting certain criteria as defined by the CARES Act, the loan may be forgiven by the SBA. The Company reports these loans at their principal amount outstanding, net of unearned income, unamortized deferred loan fee income and loan origination costs. Interest is accrued as earned and loan origination fees and direct costs are deferred and accreted or amortized into interest income, as an adjustment to the yield, over the life of the loan using the level yield method. When a PPP loan is paid off or forgiven by the SBA, the remaining unaccreted or unamortized net origination fees or costs are immediately recognized into income. Reclassifications Certain prior year information has been reclassified to conform to the 2021 presentation.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Abstract]
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses Loans A summary of loans, by major class within the Company's loan portfolio, at December 31, 2021 and 2020 is as follows: (in thousands) 2021 2020 Commercial, financial, and agricultural (a) $ 217,214 $ 272,918 Real estate construction − residential 27,920 29,692 Real estate construction − commercial 91,369 78,144 Real estate mortgage − residential 279,346 262,339 Real estate mortgage − commercial 663,256 617,133 Installment and other consumer 23,028 26,741 Total loans held for investment $ 1,302,133 $ 1,286,967 (a) Includes $8.4 million and $63.3 million SBA PPP loans, net, respectively The Bank grants real estate, commercial, installment, and other consumer loans to customers located within the communities surrounding Jefferson City, Columbia, Clinton, Warsaw, Springfield, St. Louis, and the greater Kansas City metropolitan area. As such, the Bank is susceptible to changes in the economic environment in these communities. The Bank does not have a concentration of credit in any one economic sector. Installment and other consumer loans consist primarily of the financing of vehicles. At December 31, 2021, $548.1 million of loans were pledged to the Federal Home Loan Bank as collateral for borrowings and letters of credit. The following is a summary of loans to directors and executive officers or to entities in which such individuals had a beneficial interest of the Company: (in thousands) Balance at December 31, 2020 $ 5,079 New loans 998 Amounts collected (3,599) Balance at December 31, 2021 $ 2,478 Such loans were made in the normal course of business on substantially the same terms, including interest rates and collateral requirements, as those prevailing at the same time for comparable transactions with other persons, and did not involve more than the normal risk of collectability or present unfavorable features. Allowance for loan losses The following table illustrates the changes in the allowance for loan losses by portfolio segment: (in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Un- Total Balance at December 31, 2018 $ 3,237 $ 140 $ 757 $ 2,071 $ 4,914 $ 334 $ 199 $ 11,652 Additions: Provision for loan losses (168) (126) (388) 195 1,618 138 (119) 1,150 Deductions: Loans charged off 295 — — 277 25 196 — 793 Less recoveries on loans (144) (50) — (129) (40) (105) — (468) Net loans charged off 151 (50) — 148 (15) 91 — 325 Balance at December 31, 2019 $ 2,918 $ 64 $ 369 $ 2,118 $ 6,547 $ 381 $ 80 $ 12,477 Additions: Provision for loan losses 2,241 85 106 568 2,838 35 (73) 5,800 Deductions: Loans charged off 207 — — 52 39 211 — 509 Less recoveries on loans (169) (64) — (45) (8) (59) — (345) Net loans charged off 38 (64) — 7 31 152 — 164 Balance at December 31, 2020 $ 5,121 $ 213 $ 475 $ 2,679 $ 9,354 $ 264 $ 7 $ 18,113 Additions: (Release of) provision for loan losses (2,431) (89) (362) (365) 1,348 145 54 (1,700) Deductions: Loans charged off 194 — — 22 43 229 — 488 Less recoveries on loans (221) (13) (475) (190) (3) (76) — (978) Net loans charged off (27) (13) (475) (168) 40 153 — (490) Balance at December 31, 2021 $ 2,717 $ 137 $ 588 $ 2,482 $ 10,662 $ 256 $ 61 $ 16,903 Loans, or portions of loans, are charged off to the extent deemed uncollectible or a loss is confirmed. Loan charge-offs reduce the allowance for loan losses, and recoveries of loans previously charged off are added back to the allowance. If management determines that it is probable that all amounts due on a loan will not be collected under the original terms of the loan agreement, the loan is considered to be impaired. These loans are evaluated individually for impairment, and in conjunction with current economic conditions and loss experience, specific reserves are estimated as further discussed below. Loans not individually evaluated are aggregated by risk characteristics and reserves are recorded using a consistent methodology that considers historical loan loss experience by loan type, delinquencies, current economic conditions, loan risk ratings and industry concentration. These historical loss rates for each risk group are used as the starting point to determine loss rates for measurement purposes. The historical loan loss rates are multiplied by loss emergence periods (LEP) which represent the estimated time period between a borrower first experiencing financial difficulty and the recognition of a loss. Management's look-back period began with loss history in the first quarter 2012 as the starting point through the current quarter and it will continue to include this starting point going forward. The look-back period will continue to be evaluated and will be adjusted once a sustained loss producing downturn is recognized and found to be representative of historical losses expected for the current portfolio. The Company’s methodology includes qualitative risk factors that allow management to adjust its estimates of losses based on the most recent information available and to address other limitations in the quantitative component that is based on historical loss rates. Such risk factors are generally reviewed and updated quarterly, as appropriate, and are adjusted to reflect changes in national and local economic conditions and developments, the nature, volume and terms of loans in the portfolio, including changes in volume and severity of past due loans, the volume of non-accrual loans, and the volume and severity of adversely classified or graded loans, loan concentrations, assessment of trends in collateral values, assessment of changes in the quality of the Company’s internal loan review department, and changes in lending policies and procedures, including underwriting standards and collections, charge-off and recovery practices. When the COVID-19 pandemic surfaced in the first quarter of 2020, management reassessed the calculation of the allowance for loan loss by increasing the economic qualitative factor in order to capture the impact on the credit risk present in the loan portfolio given the economic environment that existed at that time. As of the fourth quarter of 2020, management reassessed the qualitative factor and economic indicators. Enough time had passed so that data after the outbreak would be available and provide a better interpretation of the impact of the virus on the economy. Management determined that the local market and economy had been able to transition to a functional level while adapting to the new requirements aimed at stopping the spread of the virus and returned to calculating the qualitative adjustment according to the Company's methodology detailed above. Additionally, the funding of $88.4 million and $47.5 million in SBA PPP loans during 2020 and 2021, respectively, required management to assess the methodology that would be adopted in regard to the allowance for loan losses applicable to these loans. As the SBA PPP loans are expected to be paid off within a year and carry a 100% credit guarantee from the SBA, management determined that no allowance for loan losses was deemed necessary for these loans. At December 31, 2021 the balance of these loans totaled $8.4 million. All SBA PPP loans have a 1% interest rate and the Company earns a fee that is based upon a tiered schedule corresponding with the amount of the loan to the borrower, which is deferred and recognized over the life of the loan. The PPP loan may be forgiven by the SBA if the borrower meets certain criteria as defined by the CARES Act. The Company reports these loans at their principal amount outstanding, net of unearned income, unamortized deferred loan fee income and loan origination costs. Interest is accrued as earned and loan origination fees and direct costs are deferred and accreted or amortized into interest income, as an adjustment to the yield, over the life of the loan using the level yield method. When a PPP loan is paid off or forgiven by the SBA, the remaining unaccreted or unamortized net origination fees or costs are immediately recognized into income. The following table illustrates the allowance for loan losses and recorded investment by portfolio segment: (in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Un- Total December 31, 2021 Allowance for loan losses: Individually evaluated for impairment $ 42 $ — $ 13 $ 166 $ 2,815 $ 8 $ — $ 3,044 Collectively evaluated for impairment 2,675 137 575 2,316 7,847 248 61 13,859 Total $ 2,717 $ 137 $ 588 $ 2,482 $ 10,662 $ 256 $ 61 $ 16,903 Loans outstanding: Individually evaluated for impairment $ 341 $ — $ 105 $ 2,391 $ 24,357 $ 60 $ — $ 27,254 Collectively evaluated for impairment 216,873 27,920 91,264 276,955 638,899 22,968 — 1,274,879 Total $ 217,214 $ 27,920 $ 91,369 $ 279,346 $ 663,256 $ 23,028 $ — $ 1,302,133 December 31, 2020 Allowance for loan losses: Individually evaluated for impairment $ 2,187 $ 27 $ 28 $ 263 $ 2,594 $ 14 $ — $ 5,113 Collectively evaluated for impairment 2,934 186 447 2,416 6,760 250 7 13,000 Total $ 5,121 $ 213 $ 475 $ 2,679 $ 9,354 $ 264 $ 7 $ 18,113 Loans outstanding: Individually evaluated for impairment $ 7,552 $ 192 $ 200 $ 3,626 $ 25,657 $ 108 $ — $ 37,335 Collectively evaluated for impairment 265,366 29,500 77,944 258,713 591,476 26,633 — 1,249,632 Total $ 272,918 $ 29,692 $ 78,144 $ 262,339 $ 617,133 $ 26,741 $ — $ 1,286,967 Impaired loans Loans evaluated under ASC 310-10-35 include loans which are individually evaluated for impairment. All other loans are collectively evaluated for impairment under ASC 450-20. Impaired loans individually evaluated for impairment totaled $27.3 million and $37.3 million at December 31, 2021 and 2020, respectively, and are comprised of loans on non-accrual status and loans which have been classified as troubled debt restructurings (TDRs). The net carrying value of impaired loans is based on the fair values of collateral obtained through independent appraisals or internal evaluations, or by discounting the total expected future cash flows. At December 31, 2021, $24.2 million of impaired loans were evaluated based on the fair value less estimated selling costs of the loans' collateral compared to $32.2 million at December 31, 2020. Once the impairment amount is calculated, a specific reserve allocation is recorded. At December 31, 2021, $3.0 million of the Company's allowance for loan losses was allocated to impaired loans totaling $27.3 million compared to $5.1 million of the Company's allowance for loan losses allocated to impaired loans totaling approximately $37.3 million at December 31, 2020. Management determined that $16.6 million, or 61%, of total impaired loans required no reserve allocation at December 31, 2021 compared to $11.9 million, or 32%, at December 31, 2020 primarily due to adequate collateral values , acceptable payment history and adequate cash flow ability. The categories of impaired loans at December 31, 2021 and 2020 are as follows: (in thousands) 2021 2020 Non-accrual loans $ 25,459 $ 34,559 Performing TDRs 1,795 2,776 Total impaired loans $ 27,254 $ 37,335 The following tables provide additional information about impaired loans at December 31, 2021 and 2020, respectively, segregated between loans for which an allowance has been provided and loans for which no allowance has been provided. (in thousands) Recorded Unpaid Specific December 31, 2021 With no related allowance recorded: Real estate mortgage − residential $ 1,034 $ 1,152 $ — Real estate mortgage − commercial 15,593 16,057 — Total $ 16,627 $ 17,209 $ — With an allowance recorded: Commercial, financial and agricultural $ 341 $ 374 $ 42 Real estate construction − commercial 105 138 13 Real estate mortgage − residential 1,357 1,730 166 Real estate mortgage − commercial 8,764 9,142 2,815 Installment and other consumer 60 61 8 Total $ 10,627 $ 11,445 $ 3,044 Total impaired loans $ 27,254 $ 28,654 $ 3,044 (in thousands) Recorded Investment Unpaid Principal Balance Specific Reserves December 31, 2020 With no related allowance recorded: Commercial, financial and agricultural $ 1,703 $ 1,731 $ — Real estate mortgage − residential 1,300 1,395 — Real estate mortgage − commercial 8,943 8,943 — Total $ 11,946 $ 12,069 $ — With an allowance recorded: Commercial, financial and agricultural $ 5,849 $ 6,180 $ 2,187 Real estate construction − residential 192 192 27 Real estate construction − commercial 200 251 28 Real estate mortgage − residential 2,326 2,786 263 Real estate mortgage − commercial 16,714 16,787 2,594 Installment and other consumer 108 112 14 Total $ 25,389 $ 26,308 $ 5,113 Total impaired loans $ 37,335 $ 38,377 $ 5,113 The following table presents by class, information related to the average recorded investment and interest income recognized on impaired loans for the years ended December 31, 2021 and 2020: 2021 2020 (in thousands) Average Recorded Investment Interest Recognized For the Period Ended Average Recorded Investment Interest Recognized For the Period Ended With no related allowance recorded: Commercial, financial and agricultural $ 5,063 $ 35 $ 1,629 $ 144 Real estate construction − commercial — — 162 — Real estate mortgage − residential 1,142 38 1,692 28 Real estate mortgage − commercial 14,639 1 2,975 13 Installment and other consumer 19 — 6 — Total $ 20,863 $ 74 $ 6,464 $ 185 With an allowance recorded: Commercial, financial and agricultural $ 357 $ 21 $ 2,395 $ 48 Real estate construction − residential 47 — 48 — Real estate construction − commercial 131 — 367 — Real estate mortgage − residential 1,652 35 2,564 45 Real estate mortgage − commercial 8,974 31 4,830 22 Installment and other consumer 43 4 113 8 Total $ 11,204 $ 91 $ 10,317 $ 123 Total impaired loans $ 32,067 $ 165 $ 16,781 $ 308 The recorded investment varies from the unpaid principal balance primarily due to partial charge-offs taken resulting from current appraisals received. The amount recognized as interest income on impaired loans continuing to accrue interest, primarily related to troubled debt restructurings, was $0.17 million and $0.31 million, for the years ended December 31, 2021 and 2020, respectively. The average recorded investment in impaired loans is calculated on a monthly basis during the years reported. Delinquent and Non-Accrual Loans The delinquency status of loans is determined based on the contractual terms of the notes. Borrowers are generally classified as delinquent once payments become 30 days or more past due. The Company's policy is to discontinue the accrual of interest income on any loan when, in the opinion of management, the ultimate collectability of interest or principal is no longer probable. In general, loans are placed on non-accrual when they become 90 days or more past due. However, management considers many factors before placing a loan on non-accrual, including the delinquency status of the loan, the overall financial condition of the borrower, the progress of management's collection efforts and the value of the underlying collateral. Subsequent interest payments received on non-accrual loans are applied to principal if any doubt exists as to the collectability of such principal; otherwise, such receipts are recorded as interest income on a cash basis. Non-accrual loans are returned to accrual status when, in the opinion of management, the financial condition of the borrower indicates that the timely collectability of interest and principal is probable and the borrower demonstrates the ability to pay under the terms of the note through a sustained period of repayment performance, which is generally six months. The following table provides aging information for the Company's past due and non-accrual loans at December 31, 2021 and 2020. (in thousands) Current or 30 - 89 Days 90 Days Non-Accrual Total December 31, 2021 Commercial, Financial, and Agricultural $ 217,058 $ 3 $ — $ 153 $ 217,214 Real estate construction − residential 27,920 — — — 27,920 Real estate construction − commercial 91,264 — — 105 91,369 Real estate mortgage − residential 277,532 671 14 1,129 279,346 Real estate mortgage − commercial 638,982 245 — 24,029 663,256 Installment and Other Consumer 22,848 137 — 43 23,028 Total $ 1,275,604 $ 1,056 $ 14 $ 25,459 $ 1,302,133 December 31, 2020 Commercial, Financial, and Agricultural $ 265,821 $ 380 $ — $ 6,717 $ 272,918 Real estate construction − residential 29,500 — — 192 29,692 Real estate construction − commercial 77,944 — — 200 78,144 Real estate mortgage − residential 259,688 546 — 2,105 262,339 Real estate mortgage − commercial 591,815 4 — 25,314 617,133 Installment and Other Consumer 26,576 117 17 31 26,741 Total $ 1,251,344 $ 1,047 $ 17 $ 34,559 $ 1,286,967 The Company's past due and non-accrual loans do not include loans accepting forbearance under the CARES Act. Their delinquency status will not change through the forbearance period as they are fulfilling the agreement they have made with the Company. There were no loan modifications under the CARES Act at December 31, 2021 and $29.5 million at December 31, 2020 that were on non-accrual status. Credit Quality The Company categorizes loans into risk categories based upon an internal rating system reflecting management’s risk assessment. Loans are placed on watch status when one or more weaknesses are identified that may result in the borrower being unable to meet repayment terms or the Company’s credit position could deteriorate at some future date. Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or by the collateral pledged, if any. Loans so classified may have a well-defined weakness or weaknesses that jeopardize the repayment of the debt. Such loans are characterized by the distinct possibility that the Company may sustain some loss if the deficiencies are not corrected. A loan is classified as a troubled debt restructuring ( TDR) when a borrower is experiencing financial difficulties that lead to the restructuring of a loan, and the Company grants concessions to the borrower in the restructuring that it would not otherwise consider. Loans classified as TDRs that are accruing interest are classified as performing TDRs. Loans classified as TDRs that are not accruing interest or is 90 days past due are classified as nonperforming TDRs. It is the Company’s policy to discontinue the accrual of interest income on loans when management believes that the collection of interest or principal is doubtful. The following table presents the risk categories by class at December 31, 2021 and 2020. (in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Total At December 31, 2021 Watch $ 9,219 $ — $ 4,304 $ 12,185 $ 43,348 $ — $ 69,056 Substandard 6,284 — 2,673 750 2,305 — 12,012 Performing TDRs 188 — — 1,262 328 17 1,795 Non-accrual loans 153 — 105 1,129 24,029 43 25,459 Total $ 15,844 $ — $ 7,082 $ 15,326 $ 70,010 $ 60 $ 108,322 At December 31, 2020 Watch $ 9,649 $ 545 $ 10,806 $ 15,835 $ 66,936 $ — $ 103,771 Substandard 598 — — 1,002 1,662 — 3,262 Performing TDRs 835 — — 1,521 343 77 2,776 Non-accrual loans 6,717 192 200 2,105 25,314 31 34,559 Total $ 17,799 $ 737 $ 11,006 $ 20,463 $ 94,255 $ 108 $ 144,368 Troubled Debt Restructurings At December 31, 2021, loans classified as TDRs totaled $2.4 million, of which $0.6 million were classified as non-performing TDRs and $1.8 million were classified as performing TDRs. At December 31, 2020, loans classified as TDRs totaled $3.7 million, of which $0.9 million were classified as non-performing TDRs and $2.8 million were classified as performing TDRs. Both performing and nonperforming TDRs are considered impaired loans. When an individual loan is determined to be a TDR, the amount of impairment is based upon the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the underlying collateral less applicable selling costs. Accordingly, specific reserves of $0.2 million and $0.2 million related to TDRs were allocated to the allowance for loan losses at December 31, 2021 and 2020, respectively. As stated in the CARES Act and subsequently modified by the Consolidated Appropriations Act, loan modifications in response to COVID-19 executed on loans that were not more than 30 days past due as of December 31, 2019 and executed between March 1, 2020, and the earlier of 60 days after the date of termination of the National Emergency or January 1, 2022 are not required to be reported as a TDR. As of December 31, 2021, the Company's loan portfolio did not include any active loan modifications made under the guidance of the CARES Act. As of December 31, 2020, the Company's loan portfolio included $86.7 million of active loan modifications made under the guidance of the CARES Act that were not classified as TDR. These modifications included $37.6 million of borrowers making interest only payments, $44.0 million on full accrual status, and $5.1 million on extended amortization. Active modifications as of December 31, 2020 were primarily hotel and franchise loans, which were $57.0 million and $22.2 million, respectively, of the total active modifications at December 31, 2020. The following table summarizes loans that were modified as TDRs during the years ended December 31, 2021 and 2020. 2021 2020 Recorded Investment (1) Recorded Investment (1) (in thousands) Number of Pre- Post- Number of Pre- Post- Troubled Debt Restructurings Real estate mortgage − residential — $ — $ — 2 $ 209 $ 211 Installment and other consumer — — — 1 6 4 Total — $ — $ — 3 $ 215 $ 215 (1) The amounts reported post-modification are inclusive of all partial pay-downs and charge-offs, and no portion of the debt was forgiven. Loans modified as a TDR that were fully paid down, charged-off, or foreclosed upon during the period ended are not reported. The Company's portfolio of loans classified as TDRs include concessions for the borrower due to deteriorated financial condition such as interest rates below the current market rate, deferring principal payments, and extending maturity dates. During the year ended December 31, 2021 there were no loans meeting the TDR criteria that were modified compared to three loans during the year ended December 31, 2020. The Company considers a TDR to be in default when it is 90 days or more past due under the modified terms, a charge-off occurs, or it is in the process of foreclosure. There were no loans modified as a TDR, where a concession was made and subsequently defaulted during the years ended December 31, 2021 and 2020, respectively, and within twelve months of its modification date. Loans Held For Sale The Company designates certain long-term fixed rate personal real estate loans as held for sale. In the fourth quarter of 2021, the Company elected the fair value option for all newly originated long-term personal real estate loans held for sale. As of December 31, 2021, all loans held for sale were carried at fair value. At December 31, 2020 loans held for sale were being carried at the lower of cost or estimated fair value. The loans are primarily sold to Freddie Mac, Fannie Mae, PennyMac, and other various secondary market investors. At December 31, 2021, the carrying amount of these loans was $2.2 million compared to $5.1 million at December 31, 2020.

Other Real Estate Acquired in S

Other Real Estate Acquired in Settlement of Loans	12 Months Ended
	Dec. 31, 2021
Other Real Estate [Abstract]
Other Real Estate Acquired in Settlement of Loans	Other Real Estate Acquired in Settlement of Loans (in thousands) 2021 2020 Commercial $ 643 $ 920 Real estate construction - commercial 10,166 10,986 Real estate mortgage - residential 117 201 Real estate mortgage - commercial 2,510 2,798 Total $ 13,436 $ 14,905 Less valuation allowance for other real estate owned (2,911) (2,614) Total other real estate owned $ 10,525 $ 12,291 Changes in the net carrying amount of other real estate owned for the years indicated: Balance at December 31, 2019 $ 15,737 Additions 73 Proceeds from sales (516) Charge-offs against the valuation allowance for other real estate owned, net (347) Donation (266) Net gain on sales 224 Balance at December 31, 2020 $ 14,905 Additions 723 Proceeds from sales (1,551) Charge-offs against the valuation allowance for other real estate owned, net (668) Net gain on sales 27 Total other real estate owned $ 13,436 Less valuation allowance for other real estate owned (2,911) Balance at December 31, 2021 $ 10,525 At December 31, 2021, $0.2 million of consumer mortgage loans secured by residential real estate properties were in the process of foreclosure compared to $0.3 million of consumer mortgage loans in the process of foreclosure at December 31, 2020. Activity in the valuation allowance for other real estate owned in settlement of loans for the years indicated: (in thousands) 2021 2020 2019 Balance, beginning of period $ 2,614 $ 2,956 $ 3,002 Provision for other real estate owned 965 5 49 Charge-offs (668) (347) (95) Balance, end of period $ 2,911 $ 2,614 $ 2,956

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities The amortized cost, gross unrealized gains and losses, and fair value of debt securities classified as available-for-sale at December 31, 2021 and 2020 were as follows: Total Gross Unrealized Fair ( in thousands) Gains Losses December 31, 2021 U.S. Treasury $ 3,909 $ 11 $ (3) $ 3,917 U.S. government and federal agency obligations 1,314 5 — 1,319 U.S. government-sponsored enterprises 26,498 70 (196) 26,372 Obligations of states and political subdivisions 128,093 1,605 (474) 129,224 Mortgage-backed securities 137,286 791 (1,611) 136,466 Other debt securities (a) 11,825 482 (23) 12,284 Bank issued trust preferred securities (a) 1,486 — (198) 1,288 Total available-for-sale securities $ 310,411 $ 2,964 $ (2,505) $ 310,870 December 31, 2020 U.S. Treasury $ 2,772 $ 26 $ — $ 2,798 U.S. government and federal agency obligations 11,732 197 — 11,929 U.S. government-sponsored enterprises 22,495 379 — 22,874 Obligations of states and political subdivisions 56,943 1,801 — 58,744 Mortgage-backed securities 88,357 1,809 (54) 90,112 Other debt securities (a) 10,000 358 (14) 10,344 Bank issued trust preferred securities (a) 1,486 — (257) 1,229 Total available-for-sale securities $ 193,785 $ 4,570 $ (325) $ 198,030 (a) Certain hybrid instruments possessing characteristics typically associated with debt obligations. The Company's investment securities are classified as available for sale. Agency bonds and notes, Small Business Administration guaranteed loan certificates (SBA), residential and commercial agency mortgage-backed securities, and agency collateralized mortgage obligations (CMO) include securities issued by the Government National Mortgage Association (GNMA), a U.S. government agency, the Federal National Mortgage Association (FNMA), the Federal Home Loan Mortgage Corporation (FHLMC) and the Federal Home Loan Bank (FHLB), which are U.S. government-sponsored enterprises. Debt securities with carrying values aggregating approximately $275.4 million and $153.9 million at December 31, 2021 and December 31, 2020, respectively, were pledged to secure public funds, securities sold under agreements to repurchase, and for other purposes as required or permitted by law. The amortized cost and fair value of debt securities classified as available-for-sale at December 31, 2021, by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without prepayment penalties. ( in thousands) Amortized Fair Due in one year or less $ 6,521 $ 6,540 Due after one year through five years 21,885 21,980 Due after five years through ten years 35,056 35,567 Due after ten years 109,663 110,317 Total 173,125 174,404 Mortgage-backed securities 137,286 136,466 Total available-for-sale securities $ 310,411 $ 310,870 Other investment securities Other investment securities include equity securities with readily determinable fair values and other investment securities that do not have readily determinable fair values. Investments in Federal Home Loan Bank (FHLB) stock, and Midwest Independent Bank (MIB) bankers bank stock, that do not have readily determinable fair values, are required for membership in those organizations. (in thousands) 2021 2020 Other securities: FHLB stock $ 5,197 $ 6,170 MIB stock 151 151 Equity securities with readily determinable fair values 60 32 Total other investment securities $ 5,408 $ 6,353 Gross unrealized losses on debt securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2021 and December 31, 2020 were as follows: Less than 12 months 12 months or more Total Total (in thousands) Fair Unrealized Fair Unrealized At December 31, 2021 U.S. Treasury $ 1,758 $ (3) $ — $ — $ 1,758 $ (3) U.S. government-sponsored enterprises 18,304 (196) — — 18,304 (196) Obligations of states and political subdivisions 39,221 (474) — — 39,221 (474) Mortgage-backed securities 89,520 (1,579) 1,864 (32) 91,384 (1,611) Other debt securities 3,802 (23) — — 3,802 (23) Bank issued trust preferred securities — — 1,288 (198) 1,288 (198) Total $ 152,605 $ (2,275) $ 3,152 $ (230) $ 155,757 $ (2,505) (in thousands) At December 31, 2020 U.S. Treasury $ 1,015 $ — $ — $ — $ 1,015 $ — Mortgage-backed securities 7,494 (54) — — 7,494 (54) Other debt securities 2,987 (14) — — 2,987 (14) Bank issued trust preferred securities — — 1,229 (257) 1,229 (257) Total $ 11,496 $ (68) $ 1,229 $ (257) $ 12,725 $ (325) The total available for sale portfolio consisted of approximately 435 securities at December 31, 2021. The portfolio included 134 securities having an aggregate fair value of $155.8 million that were in a loss position at December 31, 2021. Securities identified as temporarily impaired which had been in a loss position for 12 months or longer totaled $3.2 million at fair value at December 31, 2021. The $2,505,000 aggregate unrealized loss included in accumulated other comprehensive income at December 31, 2021 was caused by interest rate fluctuations . The total available for sale portfolio consisted of approximately 308 securities at December 31, 2020. The portfolio included 10 securities having an aggregate fair value of $12.7 million that were in a loss position at December 31, 2020. Securities identified as temporarily impaired which had been in a loss position for 12 months or longer had a fair value of $1.2 million at December 31, 2020. The $325,000 aggregate unrealized loss included in accumulated other comprehensive income at December 31, 2020 was caused by interest rate fluctuations. Because the decline in fair value is attributable to changes in interest rates and not credit quality, these investments were not considered other-than-temporarily impaired at December 31, 2021 and 2020, respectively. In the absence of changes in credit quality of these investments, the fair value is expected to recover on all debt securities as they approach their maturity date, or re-pricing date or if market yields for such investments decline. In addition, the Company does not have the intent to sell these investments over the period of recovery, and it is not more likely than not that the Company will be required to sell such investment securities. The following table presents the gross unrealized gains and losses from sales and calls of available-for-sale securities, as well as gains and losses on equity securities from fair value adjustments which have been recognized in earnings: (in thousands) 2021 2020 2019 Investment securities gains (losses), net Available for sale securities: Gains realized on sales $ 122 $ 49 $ 6 Losses realized on sales — (8) (46) Other-than-temporary impairment recognized — — — Other investment securities: Fair value adjustments, net 27 20 — Investment securities gains (losses), net $ 149 $ 61 $ (40)

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment A summary of premises and equipment at December 31, 2021 and 2020 is as follows: (in thousands) 2021 2020 Land and land improvements $ 9,481 $ 9,452 Buildings and improvements 35,688 35,520 Furniture and equipment 13,183 13,570 Operating leases - right of use asset 2,538 2,594 Construction in progress 82 268 Total 60,972 61,404 Less accumulated depreciation 28,253 26,843 Premises and equipment, net $ 32,719 $ 34,561 Depreciation expense for the years ended December 31, 2021, 2020, and 2019 was as follows: (in thousands) 2021 2020 2019 Depreciation expense $ 2,283 $ 2,265 $ 2,062

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets Mortgage Servicing Rights At December 31, 2021 the Company was servicing $270.0 million of loans sold to the secondary market compared to $292.7 million and $271.4 million at December 31, 2020 and 2019, respectively. Mortgage loan servicing fees, reported in real estate servicing fees, net, earned on loans sold and serviced for others were $0.8 million, $0.9 million, and $0.8 million, for the years ended December 31, 2021, 2020, and 2019, respectively. The table below presents changes in mortgage servicing rights (MSRs) for the years ended December 31, 2021, 2020, and 2019. (in thousands) 2021 2020 2019 Balance at beginning of period $ 2,445 $ 2,482 $ 2,931 Originated mortgage servicing rights 400 866 290 Changes in fair value: Due to changes in model inputs and assumptions (1) 258 (422) (434) Other changes in fair value (2) (444) (481) (305) Total changes in fair value (186) (903) (739) Balance at end of period $ 2,659 $ 2,445 $ 2,482 (1) The change in fair value resulting from changes in valuation inputs or assumptions used in the valuation model reflects the change in discount rates and prepayment speed assumptions primarily due to changes in interest rates. (2) Other changes in fair value reflect changes due to customer payments and passage of time. Total changes in fair value are reported in real estate servicing fees, net, reported in non-interest income in the Company's consolidated statements of income. The following key data and assumptions were used in estimating the fair value of the Company's mortgage servicing rights as of December 31, 2021 and 2020: 2021 2020 Weighted average constant prepayment rate 10.65 % 15.74 % Weighted average note rate 3.37 % 3.55 % Weighted average discount rate 8.00 % 7.75 % Weighted average expected life (in years) 6.1 4.8

Deposits

Deposits	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
Deposits	Deposits The aggregate amount of time deposits with balances that met or exceeded the Federal Deposit Insurance Corporation (FDIC) insurance limit of $250,000 was $69.1 million and $91.3 million at December 31, 2021 and 2020, respectively. The Company had brokered deposits totaling $20.2 million and $40.2 million at December 31, 2021 and 2020, respectively. The scheduled maturities of total time deposits at December 31, 2021 were as follows: (in thousands) Due within: 2022 $ 194,932 2023 43,530 2024 4,020 2025 1,347 2026 1,567 Thereafter — Total $ 245,396

Federal funds purchased and sec

Federal funds purchased and securities sold under agreements to repurchase	12 Months Ended
	Dec. 31, 2021
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]
Federal funds purchased and securities sold under agreements to repurchase	Federal funds purchased and securities sold under agreements to repurchase Information relating to federal funds purchased and repurchase agreements is as follows: (in thousands) Year End Average Average Maximum Balance at December 31, 2021 Federal funds purchased 0.43 % 0.34 % $ 1 $ — $ — Short-term repurchase agreements - Bank 0.27 0.25 34,448 55,942 23,829 Total $ 34,449 $ 55,942 $ 23,829 2020 Federal funds purchased 0.36 % 0.26 % $ — $ — $ — Short-term repurchase agreements - Bank 0.24 0.43 34,026 45,154 45,154 Total $ 34,026 $ 45,154 $ 45,154 The securities underlying the agreements to repurchase are under the control of the Bank. All securities sold under agreements to repurchase are secured by a portion of the Bank's investment portfolio. Under agreements with unaffiliated banks, the Bank may borrow federal funds up to $60.0 million on an unsecured basis and $10.4 million on a secured basis at December 31, 2021. The Company offers a sweep account program whereby amounts in excess of an established limit are “swept” from the customer's demand deposit account on a daily basis into retail repurchase agreements pursuant to individual repurchase agreements between the Company and its customers . Repurchase agreements are agreements to sell securities subject to an obligation to repurchase the same or similar securities. They are accounted for as collateralized financing transactions, not as sales and purchases of the securities portfolio. The securities collateral pledged for the repurchase agreements with customers is maintained by a designated third party custodian . The collateral amounts pledged to repurchase agreements by remaining maturity in the table below are limited to the outstanding balances of the related asset or liability; thus amounts of excess collateral are not shown. Repurchase Agreements Remaining Contractual Maturity of the Agreements (in thousands) Overnight Less Greater Total At December 31, 2021 U.S. government-sponsored enterprises $ 9,113 $ — $ — $ 9,113 Mortgage-backed securities 14,716 — — 14,716 Total $ 23,829 $ — $ — $ 23,829 At December 31, 2020 U.S. government and federal agency obligations $ 2,728 $ — $ — $ 2,728 U.S. government-sponsored enterprises 15,533 — — 15,533 Mortgage-backed securities 26,893 — — 26,893 Total $ 45,154 $ — $ — $ 45,154

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	Leases The Company's leases primarily consist of office space and bank branches with remaining lease terms of generally 1 to 10 years. As of December 31, 2021, operating right-of-use (ROU) assets and liabilities were $1.8 million and $1.8 million, respectively. As of December 31, 2021, the weighted-average remaining lease term on these operating leases is approximately 6.5 years and the weighted-average discount rate used to measure the lease liabilities is approximately 4.0%. Operating leases in which the Company is the lessee are recorded as operating lease right-of-use assets and operating lease liabilities. Currently, the Company does not have any finance leases. The ROU assets are included in premises and equipment, net Operating lease ROU assets represent the Company's right to use an underlying asset during the lease term and operating lease liabilities represent the Company's obligation to make lease payments arising from the lease. ROU assets and operating lease liabilities are recognized at lease commencement based on the present value of the remaining lease payments using a discount rate that represents the Company's incremental borrowing rate at the lease commencement date. Operating lease cost, which is comprised of amortization of the ROU asset and the implicit interest accreted on the operating lease liability, is recognized on a straight-line basis over the lease term, and is recorded in net occupancy expense in the consolidated statements of income. The operating lease cost was $0.4 million and $0.3 million for the years ended December 31, 2021 and 2020, respectively. At adoption of ASU 2016-02 on January 1, 2019, lease and non-lease components of new lease agreements are accounted for separately. Lease components include fixed payments including rent, real estate taxes and insurance costs and non-lease components include common-area maintenance costs. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. Operating lease expense for these leases was $0.1 million for the year ended December 31, 2021 compared to $0.1 million for the year ended December 31, 2020. The table below summarizes the maturity of remaining operating lease liabilities: Lease payments due in: Operating (in thousands) 2022 $ 368 2023 366 2024 258 2025 257 2026 259 Thereafter 571 Total lease payments 2,079 Less imputed interest (242) Total lease liabilities, as reported $ 1,837

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Borrowings	Borrowings Federal Home Loan Bank and other borrowings of the Company consisted of the following: 2021 2020 (in thousands) Borrower Maturity Year End Year End Year End Year End FHLB advances The Bank 2021 $ — — % $ 29,242 2.54 % 2022 9,418 1.33 % 9,418 1.33 % 2023 11,000 1.05 % 11,000 1.05 % 2024 11,000 1.17 % 11,000 1.17 % 2025 15,000 1.17 % 15,000 1.17 % 2026 13,000 1.09 % 13,000 1.09 % Thereafter 18,000 1.79 % 18,000 1.79 % Other borrowings 2023 — — % 14 4.00 % Total Bank $ 77,418 $ 106,674 Subordinated notes The Company 2034 $ 25,774 2.92 % $ 25,774 2.93 % 2035 23,712 2.05 % 23,712 2.06 % Total Company $ 49,486 $ 49,486 The Bank is a member of the Federal Home Loan Bank of Des Moines (FHLB) and has access to term financing from the FHLB. These borrowings, which are all fixed rate, are secured under a blanket agreement which assigns all investment in FHLB stock, as well as qualifying first mortgage loans as collateral to secure amounts borrowed by the Bank. As of December 31, 2021, the Bank had $77.4 million in outstanding borrowings with the FHLB. Based upon the collateral pledged to the FHLB at December 31, 2021, the Bank could borrow up to an additional $165.1 million under the agreement. On March 17, 2005, Exchange Statutory Trust II, a business trust and subsidiary of the Company, issued $23.0 million of 30-year floating rate Trust Preferred Securities (TPS) to a TPS Pool. The floating rate is equal to the three-month LIBOR rate plus 1.83% and reprices quarterly (2.05% at December 31, 2021). The TPS can be prepaid without penalty at any time after five years from the issuance date. The TPS represent preferred interests in the trust. The Company invested approximately $0.7 million in common interests in the trust and the purchaser in the private placement purchased $23.0 million in preferred interests. The proceeds were used by the trust to purchase from the Company its 30-year subordinated debentures whose terms mirror those stated above for the TPS. The debentures are guaranteed by the Company pursuant to a subordinated guarantee. Distributions on the TPS are payable quarterly on March 17, June 17, September 17, and December 17 of each year that the TPS are outstanding. The trustee for the TPS holders is U.S. Bank, N.A. The trustee does not have the power to take enforcement action in the event of a default under the TPS for five years from the date of default. In the event of default, however, the Company would be precluded from paying dividends until the default is cured. On March 17, 2004, Exchange Statutory Trust I, a business trust and subsidiary of the Company issued $25.0 million of floating rate TPS to a TPS Pool. The floating rate is equal to the three-month LIBOR rate plus 2.70% and reprices quarterly (2.92% at December 31, 2021). The TPS are fully, irrevocably, and unconditionally guaranteed on a subordinated basis by the Company. The TPS represent preferred interests in the trust. The Company invested approximately $0.8 million in common interests in the trust and the purchaser in the private placement purchased $25.0 million in preferred interests. The proceeds of the TPS were invested in junior subordinated debentures of the Company. Distributions on the TPS are payable quarterly on March 17, June 17, September 17, and December 17 of each year that the TPS are outstanding. The TPS mature on March 17, 2034. That maturity date may be shortened if certain conditions are met. The Exchange Statutory Trusts are not consolidated in the Company's financial statements. Accordingly, the Company does not report the securities issued by the Exchange Statutory Trusts as liabilities, and instead reports the subordinated notes issued by the Company and held by the Exchange Statutory Trusts as liabilities. The amount of the subordinated notes as of December 31, 2021 and 2020 was $49.5 million, respectively. The Company has recorded the investments in the common securities issued by the Exchange Statutory Trusts aggregating $1.3 and $1.2 million at December 31, 2021 and 2020, respectively, and the corresponding obligations under the subordinated notes, as well as the interest income and interest expense on such investments and obligations in its consolidated financial statements.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The composition of income tax expense for the years ended December 31, 2021, 2020, and 2019 was as follows: (in thousands) 2021 2020 2019 Current: Federal $ 5,351 $ 4,268 $ 3,830 State 630 — — Total current 5,981 4,268 3,830 Deferred: Federal (284) (1,085) (7) State — — — Total deferred (284) (1,085) (7) Total income tax expense $ 5,697 $ 3,183 $ 3,823 Applicable income tax expense for financial reporting purposes differs from the amount computed by applying the statutory federal income tax rate for the reasons noted in the table for the years ended December 31, 2021, 2020, and 2019 are as follows: 2021 2020 2019 (in thousands) Amount % Amount % Amount % Income before provision for income tax expense $ 28,214 $ 17,476 $ 19,937 Tax at statutory federal income tax rate $ 5,925 21.00 % $ 3,670 21.00 % $ 4,187 21.00 % Tax-exempt income, net (733) (2.60) (487) (2.79) (408) (2.04) State income tax, net of federal tax benefit 498 1.76 — — — — Other, net 7 0.03 — — 44 0.22 Provision for income tax expense $ 5,697 20.19 % $ 3,183 18.21 % $ 3,823 19.18 % Income taxes as a percentage of earnings before income taxes as reported in the consolidated financial statements were 20.2% for the year ended December 31, 2021 compared to 18.2% and 19.2% for the years ended December 31, 2020 and 2019, respectively. The increase in the effective tax rate for the year ended December 31, 2021 compared to the year ended December 31, 2020 was primarily attributable to an increase in earnings and an increase in state taxes attributed to elevated earnings. The decrease in the effective tax rate for the year ended December 31, 2020 compared to the year ended December 31, 2019 was primarily attributable to tax-free revenues having a greater impact on pre-tax income due to the reduced level of earnings in 2020. The effective tax rate for each of years ended December 31, 2021, 2020, and 2019, respectively, is lower than the U.S. federal statutory rate of 21% primarily due to tax-free revenues. Also included in the effective tax rate for the year ended December 31, 2021 is a $25,000 benefit associated with a historic tax credit investment. The investment is expected to generate a $321,000 tax benefit over the life of the project and is being recognized under the deferral method of accounting. During 2021, the Company recognized a $4.0 million current tax benefit associated with the historic tax credits, partially offset by a $3.7 million current tax expense associated with the write-off of the investment. The Company recorded deferred income in the amount of $289,000, a $7,000 deferred tax liability, and a $25,000 net tax benefit within the income tax expense. The components of deferred tax assets and deferred tax liabilities at December 31, 2021 and 2020 were as follows: (in thousands) 2021 2020 Deferred tax assets: Allowance for loan losses $ 2,961 $ 2,927 Pension 262 1,233 Other real estate owned 611 550 Deferred loan fees 401 563 Lease liability 386 449 Intangible assets 20 22 Accrued / deferred compensation 581 530 Other 392 368 Total deferred tax assets $ 5,614 $ 6,642 Deferred tax liabilities: Premises and equipment $ 428 $ 553 Mortgage servicing rights 558 514 Deferred loan costs 327 288 Right-of-use asset 378 443 Prepaid expenses 409 359 Securities 117 900 Other 5 8 Total deferred tax liabilities 2,222 3,065 Net deferred tax assets $ 3,392 $ 3,577 The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income of the appropriate character during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning initiatives in making this assessment. In management's opinion, the Company will more likely than not realize the benefits of its deferred tax assets and, therefore, has not established a valuation allowance against its deferred tax assets as of December 31, 2021. Management arrived at this conclusion based upon the level of historical taxable income and projections for future taxable income of the appropriate character over the periods in which the deferred tax assets are deductible. The Company follows ASC Topic 740, Income Taxes, which addresses the accounting for uncertain tax positions . For each of the years ended December 31, 2021 and 2020, respectively, the Company did not have any uncertain tax provisions, and did not record any related tax liabilities.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders' Equity Accumulated Other Comprehensive Income (Loss) The following details the change in the components of the Company's accumulated other comprehensive loss for the years ended December 31, as indicated. (in thousands) Unrealized Unrecognized Net Accumulated Balance, December 31, 2019 $ (23) $ (3,732) $ (3,755) Other comprehensive income, before reclassifications 4,315 214 4,529 Amounts reclassified from accumulated other comprehensive income (loss) (41) 2,200 2,159 Other comprehensive income (loss), before tax 4,274 2,414 6,688 Income tax (expense) benefit (898) (507) (1,405) Other comprehensive income (loss), net of tax 3,376 1,907 5,283 Balance, December 31, 2020 $ 3,353 $ (1,825) $ 1,528 Other comprehensive income, before reclassifications (3,690) 367 (3,323) Amounts reclassified from accumulated other comprehensive income (loss) (96) 5,653 5,557 Other comprehensive income, before tax (3,786) 6,020 2,234 Income tax expense 795 (1,264) (469) Other comprehensive income, net of tax (2,991) 4,756 1,765 Balance, December 31, 2021 $ 362 $ 2,931 $ 3,293 (1) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) income are included in gains (losses) on sale of investment securities in the consolidated statements of income. (2) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) are included in the computation of net periodic pension cost. See Note 13.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans Employee benefits charged to operating expenses are summarized in the table below for the years ended December 31, as indicated. (in thousands) 2021 2020 2019 Payroll taxes $ 1,403 $ 1,273 $ 1,112 Medical plans 1,860 1,854 1,826 401(k) match and profit sharing 1,829 1,586 1,290 Periodic pension cost 1,796 1,614 1,430 Other 52 59 63 Total employee benefits $ 6,940 $ 6,386 $ 5,721 The Company's profit-sharing plan includes a matching 401(k) portion, in which the Company matches the first 3% of eligible employee contributions. The Company made annual contributions for the discretionary portion in an amount up to 6% of income before income taxes and before contributions to the profit-sharing and pension plans for all participants, limited to the maximum amount deductible for federal income tax purposes, for each of the years shown. In addition, employees were able to make additional tax-deferred contributions. Other Plans On November 7, 2018, the Board of Directors of the Company adopted a supplemental executive retirement plan (SERP), effective on January 1, 2018. The SERP provides select employees who satisfy certain eligibility requirements with certain benefits upon retirement, termination of employment or death. As of December 31, 2021, the accrued liability was $1.3 million and the expense for this plan was $0.4 million and $0.3 million for the years ended December 31, 2021 and 2020, respectively, is recognized over the required service period. Pension The Company provides a noncontributory defined benefit pension plan for all full-time and eligible employees. Beginning January 1, 2018 and for all retrospective periods presented, the Company adopted the guidance under ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost . Under the new guidance, only the service cost component of the net periodic benefit cost is reported in the same income statement line item as salaries and benefits, and the remaining components are reported as other non-interest expense. An employer is required to recognize the funded status of a defined benefit postretirement plan as an asset or liability in its balance sheet and to recognize changes in that funded status in the year in which the changes occur through comprehensive income. Under the Company’s funding policy for the defined benefit pension plan, contributions are made to a trust as necessary to provide for current service and for any unfunded accrued actuarial liabilities over a reasonable period. To the extent that these requirements are fully covered by assets in the trust, a contribution might not be made in a particular year. The Company made a pension contribution of $1.0 million on March 22, 2021. Effective July 1, 2017, the Company amended the pension plan to effectuate a “soft freeze” such that no individual hired (or rehired in the case of a former employee) by the Company after September 30, 2017, whether or not such individual is or was a vested member in the plan, will be eligible to be an active member and be entitled to accrue any benefits under the plan. Obligations and Funded Status at December 31, (in thousands) 2021 2020 Change in projected benefit obligation: Balance, January 1 $ 36,957 $ 34,009 Service cost 1,692 1,614 Interest cost 1,072 1,127 Actuarial loss (232) 933 Benefits paid (828) (726) Balance, December 31, $ 38,661 $ 36,957 Change in plan assets: Fair value, January 1 $ 30,084 $ 25,689 Actual return on plan assets 7,278 4,725 Employer contribution 1,000 500 Expenses paid (118) (104) Benefits paid (828) (726) Fair value, December 31, $ 37,416 $ 30,084 Funded status at end of year $ (1,245) $ (6,873) Accumulated benefit obligation $ 30,690 $ 30,156 Amounts recognized in the statement of financial position consist of the following: (in thousands) 2021 2020 Noncurrent assets $ — $ — Current liabilities — — Noncurrent liabilities (1,245) (6,873) Net liability at end of year $ (1,245) $ (6,873) Components of Net Pension Cost and Other Amounts Recognized in Accumulated Other Comprehensive Income The following items are components of net pension cost for the years ended December 31, as indicated: (in thousands) 2021 2020 2019 Service cost - benefits earned during the year $ 1,692 $ 1,614 $ 1,430 Interest costs on projected benefit obligations (a) 1,072 1,127 1,169 Expected return on plan assets (a) (1,843) (1,598) (1,467) Expected administrative expenses (a) 104 110 122 Amortization of prior service cost (a) — 50 79 Amortization of unrecognized net loss (a) 367 164 — Net periodic pension cost $ 1,392 $ 1,467 $ 1,333 (a) The components of net periodic pension cost other than the service cost component are included in other non-interest expense. Net periodic pension benefit costs include interest costs based on an assumed discount rate, the expected return on plan assets based on actuarially derived market-related values, and the amortization of net actuarial losses. Net periodic postretirement benefit costs include service costs, interest costs based on an assumed discount rate, and the amortization of prior service credits and net actuarial gains. Differences between expected and actual results in each year are included in the net actuarial gain or loss amount, which is recognized in other comprehensive income. The net actuarial gain or loss in excess of a 10% corridor is amortized in net periodic benefit cost over the average remaining service period of active participants in the Plans. The prior service credit is amortized over the average remaining service period to full eligibility for participating employees expected to receive benefits. Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive (loss) income at December 31, 2021 and 2020 are shown below, including amounts recognized in other comprehensive income during the periods. All amounts are shown on a pre-tax basis. (in thousands) 2021 2020 Prior service costs $ — $ — Net accumulated actuarial net loss 3,710 (2,311) Accumulated other comprehensive loss 3,710 (2,311) Net periodic benefit cost in excess of cumulative employer contributions (4,955) (4,562) Net amount recognized at December 31, balance sheet $ (1,245) $ (6,873) Net actuarial gain (loss) arising during period $ 5,653 $ 2,200 Prior service cost amortization — 50 Amortization of net actuarial loss 367 164 Total recognized in other comprehensive income (loss) $ 6,020 $ 2,414 Total recognized in net periodic pension cost and other comprehensive (loss) income $ (4,628) $ (947) The 2021 actuarial gain was primarily driven by the increase in the year-over-year discount rates, which resulted in a gain for the plan. The 2020 actuarial gain was primarily the result of the actual return on assets exceeding the expected asset return and updated assumptions. Assumptions utilized to determine benefit obligations as of December 31, 2021, 2020, and 2019 and to determine pension expense for the years then ended are as follows: 2021 2020 2019 Determination of benefit obligation at year end: Discount rate 3.10 % 2.80 % 3.45 % Annual rate of compensation increase 4.50 % 4.50 % 4.00 % Determination of pension expense for year ended: Discount rate for the service cost 2.80 % 3.45 % 4.40 % Annual rate of compensation increase 4.00 % 4.00 % 4.00 % Expected long-term rate of return on plan assets 6.75 % 6.75 % 6.75 % The assumed overall expected long-term rate of return on pension plan assets used in calculating 2021 pension expense was 6.75%. Determination of the plan's rate of return is based upon historical returns for equities and fixed income indexes. During the past five years, the Company's plan assets have experienced the following annual returns: 16.7% in 2021, 19.7% in 2020, 25.8% in 2019, (6.2)% in 2018, and 17.4% in 2017. The rate used in plan calculations may be adjusted by management for current trends in the economic environment. With a traditional investment mix of over half of the plan's investments in equities, the actual return for any one plan year may fluctuate significantly with changes in the stock market. Primarily due to a decrease in the discount rate used in the actuarial calculation of plan income, the Company expects to incur $0.7 million of expense in 2022 compared to $1.4 million in 2021. Plan Assets The investment policy of the pension plan is designed for growth in value while minimizing risk to the overall portfolio. The Company diversifies the assets through investments in domestic fixed income securities and domestic and international equity securities. The assets are readily marketable and can be sold to fund benefit payment obligations as they become payable. The Company regularly reviews its policies on the investment mix and may make changes depending on economic conditions and perceived investment mix. The fair value of the Company's pension plan assets at December 31, 2021 and 2020 by asset category was as follows: Fair Value Measurements (in thousands) Fair Value Quoted Prices Other Significant December 31, 2021 Cash equivalents $ 1,449 $ 1,449 $ — $ — Corporate bonds 303 — 303 — Equity securities 1,774 1,774 — — Mutual funds 33,890 33,890 — — Total $ 37,416 $ 37,113 $ 303 $ — December 31, 2020 Cash equivalents $ 666 $ 666 $ — $ — Corporate bonds 311 — 311 — Equity securities 1,473 1,473 — — Mutual funds 27,634 27,634 — — Total $ 30,084 $ 29,773 $ 311 $ — The following future benefit payments are expected to be paid: Year Pension (in thousands) 2022 $ 1,017 2023 1,045 2024 1,048 2025 1,116 2026 1,203 2027 to 2030 8,353

Earnings per Share

Earnings per Share	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share Stock Dividend On July 1, 2021, the Company paid a stock dividend of four percent to common shareholders of record at the close of business on June 15, 2021. For all periods presented, share information, including basic and diluted earnings per share, has been adjusted retroactively to reflect this change. Basic earnings per share is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding during the year. Diluted earnings per share gives effect to all dilutive potential common shares that were outstanding during the year. Presented below is a summary of the components used to calculate basic and diluted earnings per common share, which have been restated for all stock dividends. (dollars in thousands, except per share data) 2021 2020 2019 Basic earnings per share: Net income available to shareholders $ 22,517 $ 14,293 $ 16,114 Average shares outstanding 6,617,072 6,744,299 6,780,183 Basic earnings per share $ 3.40 $ 2.12 $ 2.38 Diluted earnings per share: Net income available to shareholders $ 22,517 $ 14,293 $ 16,114 Average shares outstanding 6,617,072 6,744,299 6,780,183 Diluted earnings per share $ 3.40 $ 2.12 $ 2.38 Repurchase Program In 2019, the Company's Board of Directors authorized the purchase of up to $5.0 million market value of the Company's common stock. Management was given discretion to determine the number and pricing of the shares to be purchased, as well as, the timing of any such purchases. The Company repurchased 117,632 shares at an average cost of $18.26 per share totaling $2.1 million during the first quarter of 2021. During the second quarter of 2021, the Company's Board of Directors reauthorized the purchase of up to $5.0 million market value of the Company's common stock under the 2019 authorization. There were no shares repurchased during the third and fourth quarter of 2021. As of December 31, 2021, $5.0 million remained for share repurchase pursuant to that authorization.

Capital Requirements

Capital Requirements	12 Months Ended
	Dec. 31, 2021
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Capital Requirements	Capital Requirements The Company and the Bank are subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification of the Company and the Bank are subject to qualitative judgments by the regulators about components, risk-weightings, and other factors. The Basel III regulatory capital framework (the "Basel III Capital Rules") adopted by U.S. federal regulatory authorities, among other things, (i) establishes the capital measure called "Common Equity Tier 1" ("CET1"), (ii) specifies that Tier 1 capital consist of CET1 and "Additional Tier 1 Capital" instruments meeting stated requirements, (iii) requires that most deductions/adjustments to regulatory capital measures be made to CET1 and not to other components of capital and (iv) defines the scope of the deductions/adjustments to the capital measures. Additionally, the Basel III Capital Rules require that the Company maintain a 2.50% capital conservation buffer with respect to each of CET1, Tier 1 and total capital to risk-weighted assets, which provides for capital levels that exceed the minimum risk-based capital adequacy requirements. A financial institution with a conservation buffer of less than the required amount is subject to limitations on capital distributions, including dividend payments and stock repurchases, and certain discretionary bonus payments to executive officers. Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios of CET1, Tier 1 and total capital to risk-weighted assets, and of Tier 1 capital to average assets, each as defined in the regulations. Management believes, as of December 31, 2021, that the Company and the Bank meet all capital adequacy requirements to which they are subject. Financial institutions are categorized as well capitalized or adequately capitalized, based on minimum total risk-based, Tier 1 risk-based, CET1 and Tier 1 leverage ratios. As shown in the table below, the Company’s capital ratios exceeded the regulatory definition of adequately capitalized as of December 31, 2021 and 2020. Based upon the information in its most recently filed call report, the Bank met the capital ratios necessary to be well-capitalized. The regulatory authorities can apply changes in classification of assets and such changes may retroactively subject the Company to changes in capital ratios. Any such change could reduce one or more capital ratios below well-capitalized status. In addition, a change may result in imposition of additional assessments by the FDIC or could result in regulatory actions that could have a material effect on our condition and results of operations. In addition, bank holding companies generally are required to maintain a Tier 1 leverage ratio of at least 4%. Because the Bank had less than $15 billion in total consolidated assets as of December 31, 2009, the Company is allowed to continue to classify its trust preferred securities, all of which were issued prior to May 19, 2010, as Tier 1 capital. Under the Basel III requirements, at December 31, 2021 and December 31, 2020, the Company met all capital adequacy requirements and had regulatory capital ratios in excess of the levels established for well-capitalized institutions, as shown in the following table as of years indicated: Actual Minimum Capital Required to be (in thousands) Amount Ratio Amount Ratio Amount Ratio December 31, 2021 Total Capital (to risk-weighted assets): Company $ 210,726 14.79% $ 149,640 10.50% $ — N.A% Bank 210,148 14.78% 149,339 10.50% 142,228 10.00% Tier 1 Capital (to risk-weighted assets): Company $ 193,663 13.59% $ 121,137 8.50% $ — N.A% Bank 193,085 13.58% 120,894 8.50% 113,782 8.00% Common Equity Tier 1 Capital (to risk-weighted assets): Company $ 145,663 10.22% $ 99,760 7.00% $ — N.A% Bank 193,085 13.58% 99,559 7.00% 92,448 7.00% Tier 1 leverage ratio (to adjusted average assets): Company $ 193,663 11.01% $ 70,342 4.00% $ — N.A% Bank 193,085 11.04% 69,959 4.00% 87,449 5.00% December 31, 2020 Total Capital (to risk-weighted assets): Company $ 193,220 14.97% $ 135,518 10.50% $ — N.A% Bank 191,504 14.87% 135,186 10.50% 128,748 10.00% Tier 1 Capital (to risk-weighted assets): Company $ 172,591 13.37% $ 109,705 8.50% $ — N.A% Bank 175,384 13.62% 109,436 8.50% 102,999 8.00% Common Equity Tier 1 Capital (to risk-weighted assets) Company $ 129,061 10.00% $ 90,345 7.00% $ — N.A% Bank 175,384 13.62% 90,124 7.00% 83,686 7.00% Tier 1 leverage ratio: Company $ 172,591 10.19% $ 67,724 4.00% $ — N.A% Bank 175,384 10.41% 67,394 4.00% 84,243 5.00%

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value represents the amount expected to be received to sell an asset or paid to transfer a liability in its principal or most advantageous market in an orderly transaction between market participants at the measurement date. Depending on the nature of the asset or liability, the Company uses various valuation methodologies and assumptions to estimate fair value. The measurement of fair value under US GAAP uses a hierarchy intended to maximize the use of observable inputs and minimize the use of unobservable inputs. This hierarchy uses three levels of inputs to measure the fair value of assets and liabilities as follows. During the year ended December 31, 2021 there were no transfers into or out of Levels 1-3. The fair value hierarchy uses three levels of inputs to measure the fair value of assets and liabilities as follows: Level 1 – Inputs are unadjusted quoted prices for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and is used to measure fair value whenever available. A contractually binding sales price also provides reliable evidence of fair value. Level 2 – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets and liabilities in active markets, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 – Inputs are unobservable inputs for the asset or liability and significant to the fair value. These may be internally developed using the Company's best information and assumptions that a market participant would consider. In accordance with fair value accounting guidance, the Company measures, records, and reports various types of assets and liabilities at fair value on either a recurring or non-recurring basis in the Consolidated Financial Statements. Nonfinancial assets measured at fair value on a nonrecurring basis would include foreclosed real estate, long-lived assets, and core deposit intangible assets, which are reviewed when circumstances or other events indicate that impairment may have occurred. Valuation methods for financial instruments and certain of our nonfinancial assets measured at fair value on a recurring basis Following is a description of the Company's valuation methodologies used for assets and liabilities recorded at fair value on a recurring basis: Available-for-sale securities The fair value measurements of the Company’s investment securities are determined by a third party pricing service which considers observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. The fair value measurements are subject to independent verification to another pricing source by management each quarter for reasonableness. Other investment securities Other investment securities include equity securities with readily determinable fair values and other investment securities that do not have readily determinable fair values. Investments in Federal Home Loan Bank (FHLB) stock, and Midwest Independent Bank (MIB) bankers bank stock, that do not have readily determinable fair values, are required for membership in those organizations. Equity securities that are not actively traded are classified in level 2. Equity securities with readily determinable fair values are recorded at fair value, with changes in fair value reflected in earnings. Equity securities that do not have readily determinable fair values are carried at cost and are periodically assessed for impairment. The Company uses level 1 inputs to value equity securities that are traded in active markets. Loans Held for Sale The fair value of the committed in forward sale agreements loans is the price at which they could be sold in the principal market at the measurement date, therefore the Company classifies as level 2. Derivative Assets and Liabilities Derivative assets and liabilities include interest rate lock commitments (IRLCs) and forward sale commitments. The fair values of IRLCs and forward sale commitments are determined using readily observable market data such as interest rates, prices, volatility factors, and customer credit-related adjustments. For IRLCs, the fair value is subject to the anticipated loan funding probability (pull-through rate), which is considered an unobservable factor. Factors that affect pull-through rates include origination channel, current mortgage interest rates in the market versus the interest rate incorporated in the IRLC, the purpose of the mortgage, stage of completion of the underlying application and underwriting process, and the time remaining until the IRLC expires. The Company classifies IRLCs as Level 3 due to the unobservable input of pull-through rates. Mortgage servicing rights The fair value of mortgage servicing rights is based on the discounted value of estimated future cash flows utilizing contractual cash flows, servicing rates, constant prepayment rate, servicing cost, and discount rate factors. Accordingly, the fair value is estimated based on a valuation model that calculates the present value of estimated future net servicing income. The model incorporates assumptions that market participants use in estimating future net servicing income, including estimates of prepayment speeds, market discount rates, cost to service, float earnings rates, and other ancillary income, including late fees. The valuation models estimate the present value of estimated future net servicing income. The Company classifies its servicing rights as Level 3. Fair Value Measurements (in thousands) Fair Value Quoted Prices Other Significant December 31, 2021 Assets: U.S. Treasury $ 3,917 $ 3,917 $ — $ — U.S. government and federal agency obligations 1,319 — 1,319 — U.S. government-sponsored enterprises 26,372 — 26,372 — Obligations of states and political subdivisions 129,224 — 129,224 — Mortgage-backed securities 136,466 — 136,466 — Other debt securities 12,284 — 12,284 — Bank-issued trust preferred securities 1,288 — 1,288 — Equity securities 60 60 — — Interest rate lock commitments 312 — — 312 Forward sale commitments 12 — 12 — Loans held for sale 2,249 — 2,249 — Mortgage servicing rights 2,659 — — 2,659 Total $ 316,162 $ 3,977 $ 309,214 $ 2,971 Liabilities: Interest rate lock commitments $ 26 $ — $ — $ 26 Total $ 26 $ — $ — $ 26 December 31, 2020 Assets: U.S. Treasury $ 2,798 $ 2,798 $ — $ — U.S. government and federal agency obligations 11,929 — 11,929 — U.S. government-sponsored enterprises 22,874 — 22,874 — Obligations of states and political subdivisions 58,744 — 58,744 — Mortgage-backed securities 90,112 — 90,112 — Other debt securities 10,344 — 10,344 — Bank-issued trust preferred securities 1,229 — 1,229 — Equity securities 32 32 — — Mortgage servicing rights 2,445 — — 2,445 Total $ 200,507 $ 2,830 $ 195,232 $ 2,445 The changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows: (in thousands) Fair Value Measurements Using Fair Value Measurements Using Balance at December 31, 2019 $ 2,482 $ — Total (losses) or gains (realized/unrealized): Included in earnings (903) — Included in other comprehensive income — — Purchases — — Sales — — Issues 866 — Settlements — — Balance at December 31, 2020 $ 2,445 $ — Total (losses) or gains (realized/unrealized): Included in earnings (186) — Included in other comprehensive income — — Purchases — — Sales — — Issues 400 286 Settlements — — Balance at December 31, 2021 $ 2,659 $ 286 Valuation methods for instruments measured at fair value on a nonrecurring basis Following is a description of the Company's valuation methodologies used for assets and liabilities recorded at fair value on a nonrecurring basis: Collateral dependent impaired loans While the overall loan portfolio is not carried at fair value, the Company periodically records nonrecurring adjustments to the carrying value of impaired loans based on fair value measurements for partial charge-offs of the uncollectible portions of those loans. Nonrecurring adjustments also include certain impairment amounts for collateral dependent loans when establishing the allowance for loan losses. Such amounts are generally based on the fair value of the underlying collateral supporting the loan. In determining the fair value of real estate collateral, the Company relies on external and internal appraisals of property values depending on the size and complexity of the real estate collateral. The appraisals may be discounted based on the Company's historical knowledge, changes in market conditions from the time of appraisal, or other information available. The Company maintains staff that is trained to perform in-house evaluations and also review third party appraisal reports for reasonableness. In the case of non-real estate collateral, reliance is placed on a variety of sources, including external estimates of value and judgments based on the experience and expertise of internal specialists. Fair values of all loan collateral are regularly reviewed by senior loan committee. Because many of these inputs are not observable, the measurements are classified as Level 3. As of December 31, 2021, the Company identified $24.2 million in impaired loans that had specific allowances for losses aggregating $2.8 million. Related to these loans, there were $0.1 million in charge-offs recorded during the year ended December 31, 2021. As of December 31, 2020, the Company identified $32.2 million in impaired loans that had specific allowances for losses aggregating $4.7 million. Related to these loans, there were $0.2 million in charge-offs recorded during the year ended December 31, 2020. Other Real Estate Owned and Repossessed Assets Other real estate owned (OREO) and repossessed assets consisted of loan collateral that has been repossessed through foreclosure. This collateral is comprised of commercial and residential real estate and other non-real estate property, including autos, manufactured homes, and construction equipment. Subsequent to foreclosure, these assets initially are carried at fair value of the collateral less estimated selling costs. Fair value, when recorded, is generally based upon appraisals by approved, independent state certified appraisers. Like impaired loans, appraisals on OREO may be discounted based on the Company's historical knowledge, changes in market conditions from the time of appraisal or other information available. During the holding period, valuations are updated periodically, and the assets may be written down to reflect a new cost basis. Because many of these inputs are not observable, the measurements are classified as Level 3. Fair Value Measurements Using (in thousands) Total Quoted Prices Other Significant Total Gains December 31, 2021 Assets: Collateral dependent impaired loans: Commercial, financial, & agricultural $ — $ — $ — $ — $ (46) Real estate mortgage - residential 264 — — 264 (22) Real estate mortgage - commercial 21,133 — — 21,133 (43) Installment and other consumer — — — — (7) Total $ 21,397 $ — $ — $ 21,397 $ (118) Other real estate and repossessed assets $ 10,525 $ — $ — $ 10,525 $ (935) December 31, 2020 Assets: Collateral dependent impaired loans: Commercial, financial, & agricultural $ 4,505 $ — $ — $ 4,505 $ (52) Real estate mortgage - residential 417 — — 417 (52) Real estate mortgage - commercial 22,581 — — 22,581 (39) Installment and other consumer — — — — (21) Total $ 27,503 $ — $ — $ 27,503 $ (164) Other real estate and repossessed assets $ 12,291 $ — $ — $ 12,291 $ 219 * Total gains (losses) reported for other real estate owned and repossessed assets includes charge-offs, valuation write-downs, and net losses taken during the periods reported.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2021
Financial Instruments, Owned, at Fair Value [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate such value: Loans Fair values are estimated for portfolios with similar financial characteristics. Loans are segregated by type, such as commercial, real estate, and consumer. Each loan category is further segmented into fixed and variable interest rate categories. The fair value of loans, or exit price, is estimated by using the future value of discounted cash flows using comparable market rates for similar types of loan products and adjusted for market factors. The discount rates used are estimated using comparable market rates for similar types of loan products adjusted to be commensurate with the credit risk, overhead costs, and optionality of such instruments. Federal Funds Sold, Cash, and Due from Banks The carrying amounts of short-term federal funds sold and securities purchased under agreements to resell, interest earning deposits with banks, and cash and due from banks approximate fair value. Federal funds sold and securities purchased under agreements to resell classified as short-term generally mature in 90 days or less. Certificates of Deposit in Other Banks Certificates of deposit are other investments made by the Company with other financial institutions that are carried at cost which is equal to fair value. Cash Surrender Value – Life Insurance The fair value of Bank owned life insurance (BOLI) approximates the carrying amount. Upon liquidation of these investments, the Company would receive the cash surrender value which equals the carrying amount. Accrued Interest Receivable and Payable For accrued interest receivable and payable, the carrying amount is a reasonable estimate of fair value because of the short maturity for these financial instruments. Deposits The fair value of deposits with no stated maturity, such as non-interest-bearing demand, NOW accounts, savings, and money market, is equal to the amount payable on demand. The fair value of time deposits is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Federal Funds Purchased and Securities Sold under Agreements to Repurchase For Federal funds purchased and securities sold under agreements to repurchase, the carrying amount is a reasonable estimate of fair value, as such instruments reprice in a short time period. Subordinated Notes and Other Borrowings The fair value of subordinated notes and other borrowings is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for other borrowed money of similar remaining maturities. Operating Lease Liabilities The fair value of operating lease liabilities are recognized at lease commencement based on the present value of the remaining lease payments using a discount rate that represents the Company's incremental borrowing rate at the lease commencement date. A summary of the carrying amounts and fair values of the Company's financial instruments at December 31, 2021 and 2020 is as follows: December 31, 2021 Fair Value Measurements December 31, 2021 Quoted Prices Other Net (in thousands) Carrying Fair Assets Inputs Inputs Assets: Cash and due from banks $ 17,287 $ 17,287 $ 17,287 $ — $ — Federal funds sold and overnight interest-bearing deposits 142,622 142,622 142,622 — — Certificates of deposit in other banks 5,193 5,193 5,193 — — Available for sale securities 310,870 310,870 3,917 306,953 — Other investment securities 5,408 5,408 60 5,348 — Loans, net 1,285,230 1,308,539 — — 1,308,539 Loans held for sale 2,249 2,249 — 2,249 — Cash surrender value - life insurance 2,509 2,509 — 2,509 — Interest rate lock commitments 312 312 — — 312 Forward sale commitments 12 12 — 12 — Accrued interest receivable 6,621 6,621 6,621 — — Total $ 1,778,313 $ 1,801,622 $ 175,700 $ 317,071 $ 1,308,851 Liabilities: Deposits: Non-interest bearing demand $ 453,066 $ 453,066 $ 453,066 $ — $ — Savings, interest checking and money market 818,358 818,358 818,358 — — Time deposits 245,396 246,025 — — 246,025 Federal funds purchased and securities sold under agreements to repurchase 23,829 23,829 23,829 — — Federal Home Loan Bank advances and other borrowings 77,418 78,152 — 78,152 — Subordinated notes 49,486 42,908 — 42,908 — Interest rate lock commitments 26 26 — — 26 Accrued interest payable 282 282 282 — — Total $ 1,667,861 $ 1,662,646 $ 1,295,535 $ 121,060 $ 246,051 December 31, 2020 Fair Value Measurements December 31, 2020 Quoted Prices Other Net (in thousands) Carrying Fair Assets Inputs Inputs Assets: Cash and due from banks $ 19,235 $ 19,235 $ 19,235 $ — $ — Federal funds sold and overnight interest-bearing deposits 161,128 161,128 161,128 — — Certificates of deposit in other banks 9,376 9,376 9,376 — — Available-for-sale securities 198,030 198,030 2,798 195,232 — Other investment securities 6,353 6,353 32 6,321 — Loans, net 1,268,854 1,288,677 — — 1,288,677 Loans held for sale 5,099 5,279 — 5,279 — Cash surrender value - life insurance 2,451 2,451 — 2,451 — Accrued interest receivable 6,640 6,640 6,640 — — $ 1,677,166 $ 1,697,169 $ 199,209 $ 209,283 $ 1,288,677 Liabilities: Deposits: Non-interest bearing demand $ 382,492 $ 382,492 $ 382,492 $ — $ — Savings, interest checking and money market 723,808 723,808 723,808 — — Time deposits 277,306 279,569 — — 279,569 Federal funds purchased and securities sold under agreements to repurchase 45,154 45,154 45,154 — — Federal Home Loan Bank advances and other borrowings 106,674 110,121 — 110,121 — Subordinated notes 49,486 40,929 — 40,929 — Accrued interest payable 837 837 837 — — $ 1,585,757 $ 1,582,910 $ 1,152,291 $ 151,050 $ 279,569 Off-Balance-Sheet Financial Instruments The fair value of commitments to extend credit and standby letters of credit is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements, the likelihood of the counterparties drawing on such financial instruments, and the present creditworthiness of such counterparties. The Company believes such commitments have been made on terms that are competitive in the markets in which it operates. Limitations The fair value estimates provided are made at a point in time based on market information and information about the financial instruments. Because no market exists for a portion of the Company's financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the fair value estimates.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company issues financial instruments with off-balance-sheet risk in the normal course of business of meeting the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments may involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the consolidated balance sheets. The Company's extent of involvement and maximum potential exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for financial instruments included on its consolidated balance sheets. At December 31, 2021, no amounts have been accrued for any estimated losses for these financial instruments. The contractual amount of off-balance-sheet financial instruments as of December 31, 2021 and 2020 is as follows: (in thousands) 2021 2020 Commitments to extend credit $ 396,958 $ 264,528 Interest rate lock commitments 16,161 46,171 Forward sale commitments 2,199 5,099 Standby letters of credit 35,514 125,800 Total 450,832 441,598 Commitments Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since certain of the commitments and letters of credit are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer's creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management's credit evaluation of the customer. Collateral held varies, but may include accounts receivable, inventory, furniture and equipment, and real estate. The Company has two types of commitments related to mortgage loans held for sale: interest rate lock commitments and forward loan sale commitments. Interest rate lock commitments are commitments to extend credit to a customer that has an interest rate lock and are considered derivative instruments. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These standby letters of credit are primarily issued to support contractual obligations of the Company's customers. The approximate remaining term of standby letters of credit range from one month to five years at December 31, 2021. Pending Litigation The Company and its subsidiaries are defendants in various legal actions incidental to the Company's past and current business activities. Based on the Company's analysis, and considering the inherent uncertainties associated with litigation, management does not believe that it is reasonably possible that these legal actions will materially adversely affect the Company's consolidated financial condition or results of operations in the near term. The Company records a loss accrual for all legal matters for which it deems a loss is probable and can be reasonably estimated. Some legal matters, which are at early stages in the legal process, have not yet progressed to the point where a loss amount can be estimated.

Condensed Financial Information

Condensed Financial Information of the Parent Company Only	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Condensed Financial Information of the Parent Company Only	Condensed Financial Information of the Parent Company Only Following are the condensed financial statements of Hawthorn Bancshares, Inc. (Parent only) as of and for the years indicated: Condensed Balance Sheets December 31, (in thousands) 2021 2020 Assets Cash and due from bank subsidiaries $ 1,805 $ 2,013 Investment in bank-issued trust preferred securities 1,288 1,229 Investment in subsidiaries 197,243 183,020 Deferred tax asset 589 1,496 Other assets 1,238 1,076 Total assets $ 202,163 $ 188,834 Liabilities and Stockholders’ Equity Subordinated notes $ 49,486 $ 49,486 Other liabilities 3,721 8,759 Stockholders’ equity 148,956 130,589 Total liabilities and stockholders’ equity $ 202,163 $ 188,834 Condensed Statements of Income For the Years Ended December 31, (in thousands) 2021 2020 2019 Income Interest and dividends received from subsidiaries $ 8,512 $ 4,946 $ 8,071 Total income 8,512 4,946 8,071 Expenses Interest on subordinated notes 1,227 1,527 2,376 Other 2,796 2,692 2,461 Total expenses 4,023 4,219 4,837 Income before income tax benefit and equity in undistributed income of subsidiaries 4,489 727 3,234 Income tax benefit 837 876 1,001 Equity in undistributed income of subsidiaries 17,191 12,690 11,879 Net income $ 22,517 $ 14,293 $ 16,114 Condensed Statements of Cash Flows For the Years Ended December 31, (in thousands) 2021 2020 2019 Cash flows from operating activities: Net income $ 22,517 $ 14,293 $ 16,114 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income of subsidiaries (17,191) (12,690) (11,879) Decrease (increase) in deferred tax asset 907 432 (319) Other, net (607) 1,031 10 Net cash provided by operating activities $ 5,626 $ 3,066 $ 3,926 Cash flows from investing activities: (Increase) decrease in investment in subsidiaries, net $ (70) $ 307 $ — Net cash (used in ) provided by investing activities $ (70) $ 307 $ — Cash flows from financing activities: Cash dividends paid - common stock $ (3,616) $ (3,030) $ (2,684) Purchase of treasury stock (2,148) (906) — Net cash used in financing activities $ (5,764) $ (3,936) $ (2,684) Net (decrease) increase in cash and due from banks (208) (563) 1,242 Cash and due from banks at beginning of year 2,013 2,576 1,334 Cash and due from banks at end of year $ 1,805 $ 2,013 $ 2,576

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation In December of 2008, the Company formed Hawthorn Real Estate, LLC, (the Real Estate Company); a wholly owned subsidiary of the Company. In December of 2017, the Company formed Hawthorn Risk Management, Inc., (the Insurance Captive); a wholly owned subsidiary of the Company. The consolidated financial statements include the accounts of the Company, Hawthorn Bank (the Bank), the Real Estate Company, and the Insurance Captive. All significant intercompany accounts and transactions have been eliminated in consolidation.
Loans	Loans Loans that the Company has the intent and ability to hold for the foreseeable future or to maturity are held for investment at their stated unpaid principal balance amount less unearned income and the allowance for loan losses. Income on loans is accrued on a simple-interest basis. Loan origination fees and certain direct costs are deferred and recognized over the life of the loan as an adjustment to yield. Loans Held for Sale Loans originated, primarily one-to-four family residential mortgage loans, with the intent to be sold in the secondary market are classified as held for sale. In the fourth quarter of 2021, the Company elected the fair value option for all newly originated long-term personal real estate loans held for sale. As of December 31, 2021, all loans held for sale were carried at fair value. At December 31, 2020 loans held for sale were being carried at the lower of cost or estimated fair value. Adjusted cost reflects the funded loan amount and any loan origination costs and fees. In order to manage the risk associated with such activities, the Company upon locking in an interest rate with the borrower enters into an agreement to sell such loans in the secondary market. The Company sells loans with servicing retained or released depending on pricing and market conditions. Mortgage loans held for sale were $2.2 million at December 31, 2021 compared to $5.1 million at December 31, 2020. Impaired Loans A loan is considered impaired when it is probable the Company will be unable to collect all amounts due, both principal and interest, according to the contractual terms of the loan agreement. Included in impaired loans are all non-accrual loans and loans whose terms have been modified in a troubled debt restructuring. Impaired loans are individually evaluated for impairment based on fair values of the underlying collateral, obtained through independent appraisals or internal valuations for a collateral dependent loan or by discounting the total expected future cash flows. Non-Accrual Loans Loans are placed on non-accrual status when management believes that the borrower's financial condition, after consideration of business conditions and collection efforts, is such that collection of interest is doubtful. Loans that are contractually 90 days past due as to principal and/or interest payments are generally placed on non-accrual, unless they are both well-secured and in the process of collection. Consumer loans and real estate loans secured by one-to-four family residential properties are exempt from these non-accrual guidelines. These loans are placed on non-accrual after 120 days past due. Subsequent interest payments received on such loans are applied to principal if doubt exists as to the collectability of such principal; otherwise, such receipts are recorded as interest income on a cash basis. A loan remains on non-accrual status until the loan is current as to payment of both principal and interest and/or the borrower demonstrates the ability to pay and remain current. Restructured Loans A loan is accounted for as a troubled debt restructuring (TDR) if the Company, for economic or legal reasons related to the borrowers' financial difficulties, grants a concession to the borrower that it would not otherwise consider. A TDR typically involves (1) modification of terms such as a reduction of the stated interest rate, loan principal, accrued interest, or an extended maturity date, (2) a loan renewal at a stated interest rate lower than the current market rate for a new loan with similar risk, or (3) debt that was not reaffirmed in bankruptcy. Nonperforming TDRs are returned to performing status once the borrower demonstrates the ability to pay under the terms of the restructured note through a sustained period of repayment performance, which is generally six months. The Company includes all performing and non-performing TDRs in the impaired and non-performing asset totals. The Company measures the impairment loss of a TDR in the same manner as described below. TDRs which are performing under their contractual terms continue to accrue interest which is recognized in current earnings.
Allowance for Loan Losses	Allowance for Loan Losses Management has identified the accounting policy related to the allowance for loan losses as critical to the understanding of the Company's results of operations, since the application of this policy requires significant management assumptions and estimates that could result in materially different amounts to be reported if conditions or underlying circumstances were to change. The fair value of impaired loans deemed collateral dependent, for purposes of the measurement of the impairment loss, can be subject to changing market conditions, supply and demand, condition of the collateral and other factors over time. Such volatility can have an impact on the financial performance of the Company. Loans, or portions of loans, are charged off to the extent deemed uncollectible or a loss is confirmed. When loans become 90 days past due, they are generally placed on non-accrual status or charged off unless extenuating circumstances justify leaving the loan on accrual basis. When loans reach 120 days past due and there is little likelihood of repayment, the uncollectible portion of the loans are charged off. Loan charge-offs reduce the allowance for loan losses, and recoveries of loans previously charged off are added back to the allowance. If management determines that it is probable that all amounts due on a loan will not be collected under the original terms of the loan agreement, the loan is considered to be impaired. The specific reserve component applies to loans evaluated individually for impairment. The net carrying value of impaired loans is generally based on the fair values of collateral obtained through independent appraisals and/or internal evaluations, or by discounting the total expected future cash flows. Once the impairment amount is calculated, a specific reserve allocation is recorded. The incurred loss component of the general reserve, or loans collectively evaluated for impairment, is determined by applying loss rates to pools of loans by loan type. Loans not individually evaluated are aggregated by risk characteristics and reserves are recorded using a consistent methodology that considers historical loan loss experience by loan type. The Company believes that the look-back period beginning January 1, 2012 provides a representative historical loss period in the current economic environment. These historical loss rates for each risk group are used as the starting point to determine loss rates for measurement purposes. The historical loan loss rates are multiplied by loss emergence periods (LEP) which represent the estimated time period between a borrower first experiencing financial difficulty and the recognition of a loss. The Company's methodology includes qualitative risk factors that allow management to adjust its estimates of losses based on the most recent information available and to address other limitations in the quantitative component that is based on historical loss rates. Such risk factors are generally reviewed and updated quarterly, as appropriate, and are adjusted to reflect changes in national and local economic conditions and developments, the nature, volume and terms of loans in the portfolio, including changes in volume and severity of past due loans, the volume of nonaccrual loans, and the volume and severity of adversely classified or graded loans, loan concentrations, assessment of trends in collateral values, assessment of changes in the quality of the Company's internal loan review department, and changes in lending policies and procedures, including underwriting standards and collections, charge-off and recovery practices.
Certificates of Deposit in other banks	Certificates of Deposit in other banks Certificates of deposit are investments made by the Company with other financial institutions, in amounts less than $250,000 each in order to qualify for FDIC insurance coverage, that are carried at cost which approximates fair values.
Investment Securities	Investment Securities Available for sale securities The largest component of the Company's investment portfolio consists of debt securities which are classified as available-for-sale and are carried at fair value. Changes in fair value, excluding certain losses associated with other-than-temporary impairment, are reported in other comprehensive income, net of taxes, a component of stockholders' equity. Securities are periodically evaluated for other-than-temporary impairment in accordance with guidance provided in the FASB ASC Topic 320, Investments – Debt Securities. For those securities with other-than-temporary impairment, the entire loss in fair value is required to be recognized in current earnings if the Company intends to sell the securities or believes it more likely than not that it will be required to sell the security before the anticipated recovery. If neither condition is met, but the Company does not expect to recover the amortized cost basis, the Company determines whether a credit loss has occurred, which is then recognized in current earnings. The amount of the total other-than-temporary impairment related to all other factors is recognized in other comprehensive income. Premiums and discounts are amortized using the interest method over the lives of the respective securities, with consideration of historical and estimated prepayment rates for mortgage-backed securities, as an adjustment to yield. Dividend and interest income are recognized when earned. Realized gains and losses for securities classified as available-for-sale are included in earnings based on the specific identification method for determining the cost of securities sold. Other investment securities Other investment securities include equity securities with readily determinable fair values and other investment securities that do not have readily determinable fair values. Investments in Federal Home Loan Bank (FHLB) stock, and Midwest Independent Bank (MIB) bankers bank stock, that do not have readily determinable fair values, are required for membership in those organizations. Equity securities with readily determinable fair values are recorded at fair value, with changes in fair value reflected in earnings. Equity securities that do not have readily determinable fair values are carried at cost and are periodically assessed for impairment.
Capital Stock of the Federal Home Loan Bank	Capital Stock of the Federal Home Loan Bank The Bank, as a member of the Federal Home Loan Bank System administered by the Federal Housing Finance Agency, is required to maintain an investment in the capital stock of the Federal Home Loan Bank of Des Moines (FHLB) in an amount equal to 12 basis points of the Bank's year-end total assets plus 4.00% of advances from the FHLB to the Bank. These investments are recorded at cost, which represents redemption value.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation. Depreciation applicable to buildings and improvements and furniture and equipment is charged to expense using straight-line and accelerated methods over the estimated useful lives of the assets. Such lives are estimated to be 5 to 40 years for buildings and improvements and 3 to 15 years for furniture and equipment. Maintenance and repairs are charged to expense as incurred.
Derivative Assets and Liabilities	Derivative Assets and Liabilities The Company recognizes derivatives as either assets or liabilities in the balance sheet, and measures those instruments at fair value. Loan commitments related to the origination or acquisition of mortgage loans that will be held for sale are accounted for as derivative instruments. The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). The Company also enters into forward sales commitments for the mortgage loans underlying the rate lock commitments.
Mortgage Servicing Rights	Mortgage Servicing Rights The Company originates and sells residential mortgage loans in the secondary market and typically retains the right to service the loans sold. Servicing involves the collection of payments from individual borrowers and the distribution of those payments to the investors or master servicer. Upon a sale of mortgage loans for which servicing rights are retained, the retained mortgage servicing rights asset is capitalized at the fair value of future net cash flows expected to be realized for performing servicing activities. Mortgage servicing rights are carried at fair value in the consolidated balance sheet with changes in the fair value recognized in earnings. As most servicing rights do not trade in an active market with readily observable prices, the Company determines the fair value of mortgage servicing rights by estimating the fair value of the future cash flows associated with the mortgage loans being serviced. Key assumptions used in measuring the fair value of mortgage servicing rights include, but are not limited to, prepayment speeds, discount rates, delinquencies, ancillary income, and cost to service. These assumptions are validated on a periodic basis. The fair value is validated on a quarterly basis with an independent third party valuation specialist firm. In addition to the changes in fair value of the mortgage servicing rights, the Company also records loan servicing fee income as part of real estate servicing fees, net in the consolidated statements of income. Loan servicing fee income represents revenue earned for servicing mortgage loans. The servicing fees are based on contractual percentage of the outstanding principal balance and recognized as revenue as the related mortgage payments are collected. Corresponding loan servicing costs are charged to expense as incurred.
Other Real Estate Owned and Repossessed Assets	Other Real Estate Owned and Repossessed Assets Other real estate owned and repossessed assets consist of loan collateral that has been repossessed through foreclosure. This collateral is comprised of commercial and residential real estate and other non-real estate property, including autos, manufactured homes, and construction equipment. Other real estate owned assets are initially recorded as held for sale at the fair value of the collateral less estimated selling costs. Any adjustment is recorded as a charge-off against the allowance for loan losses. The Company relies on external appraisals and assessment of property values by internal staff. In the case of non-real estate collateral, reliance is placed on a variety of sources, including external estimates of value and judgment based on experience and expertise of internal specialists. Subsequent to foreclosure, valuations are updated periodically, and the assets may be written down to reflect a new cost basis. The valuation write-downs are recorded as other non-interest expense. The Company establishes a valuation allowance related to other real estate owned and repossessed assets on an asset-by-asset basis. The valuation allowance is created during the holding period when the fair value less cost to sell is lower than the cost of the asset.
Pension Plan	Pension Plan The Company provides a noncontributory defined benefit pension plan for all full-time and eligible employees. The benefits are based on age, years of service and the level of compensation during the employees highest ten years of compensation before retirement. Net periodic costs are recognized as employees render the services necessary to earn the retirement benefits. The Company records annual amounts relating to its pension plan based on calculations that incorporate various actuarial and other assumptions including discount rates, mortality, assumed rates of return, compensation increases, and turnover rates. The Company reviews its assumptions on an annual basis and may make modifications to the assumptions based on current rates and trends when it is appropriate to do so. The Company believes that the assumptions utilized in recording its obligations under its plan are reasonable based on its experience and market conditions. The Company follows authoritative guidance included in the FASB ASC Topic 715, Compensation – Retirement Plans under the subtopic Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans. ASC Topic 715 requires an employer to recognize the overfunded or underfunded status of a defined benefit postretirement plan (other than a multiemployer plan) as an asset or liability in its consolidated balance sheet and to recognize changes in the funded status in the year in which the changes occur through comprehensive income. This guidance also requires an employer to measure the funded status of a plan as of the date of its fiscal year-end, with limited exceptions. Additional disclosures are required to provide users with an understanding of how investment allocation decisions are made, major categories of plan assets, and fair value measurement of plan assets as defined in ASC Topic 820 , Fair Value Measurements and Disclosures .
Investments in historic tax credits	Investments in historic tax credits . The Company has a noncontrolling financial investment in a private investment fund and partnership that finances the rehabilitation and re-use of historic buildings. This unconsolidated investment may generate a return through the realization of federal income tax credits, as well as other tax benefits, such as tax deductions from net operating losses of the investments over a period of time. Investments in historic tax credits are accounted for under the equity method of accounting and the Company’s recorded investment in these entities is carried in other assets on the Consolidated Balance Sheets with any unfunded commitment recorded in other liabilities. The tax credits and other net tax benefits received are recognized as a component of income tax expense in the Consolidated Statements of Income.
Income Taxes	Income Taxes Income taxes are accounted for under the asset / liability method by recognizing the amount of taxes payable or refundable for the current period and deferred tax assets and liabilities for future tax consequences of events that have been recognized in the Company's financial statements or tax returns. Deferred income tax assets and liabilities are provided as temporary differences between the tax basis of an asset or liability and its reported amount in the consolidated financial statements at the enacted tax rate expected to be applied in the period the deferred tax item is expected to be realized. A valuation allowance, if needed, reduces deferred tax assets to the expected amount most likely to be realized. Realization of deferred tax assets is dependent upon the generation of a sufficient level of future taxable income and recoverable taxes paid in prior years.
Trust Department	Trust Department Property held by the Bank in a fiduciary or agency capacity for customers is not included in the accompanying consolidated balance sheets, since such items are not assets of the Company. Trust department income is recognized on the accrual basis.
Consolidated Statements of Cash Flows	Consolidated Statements of Cash Flows For the purpose of the consolidated statements of cash flows, cash and cash equivalents consist of short-term federal funds sold and securities sold or purchased under agreements to resell, overnight interest earning deposits with banks, cash, and due from banks.
Treasury Stock	Treasury Stock The purchase of the Company's common stock is recorded at cost. Purchases of the stock are made both in the open market and through negotiated private purchases based on market prices. At the date of subsequent reissue, the treasury stock account is reduced by the cost associated with such stock on a first-in-first-out basis. Gains on the sale of treasury stock are credited to additional paid-in-capital. Losses on the sale of treasury stock are charged to additional paid-in-capital to the extent of previous gains, otherwise charged to retained earnings.
Stock Dividend	Stock Dividend On July 1, 2021, the Company paid a special stock dividend of four percent to shareholders of record at the close of business on June 15, 2021. For all periods presented, share information, including basic and diluted earnings per share, has been adjusted retroactively to reflect this change.
CARES Act	CARES Act On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act ("CARES Act") was signed into law, which, in part, established a loan program administered through the U.S. Small Business Administration ("SBA"), referred to as the Paycheck Protection Program ("PPP"). Under the PPP, small businesses, sole proprietorships, independent contractors, non-profit organizations and self-employed individuals could apply for loans from existing SBA lenders and other approved regulated lenders that enroll in the program, subject to numerous limitations and eligibility criteria. The Company is participating as a lender in the PPP program. All loans have a 1% interest rate and the Company earns a fee that is based upon a tiered schedule corresponding with the amount of the loan to the borrower, which is deferred and recognized over the life of the loan. Based upon the borrower meeting certain criteria as defined by the CARES Act, the loan may be forgiven by the SBA. The Company reports these loans at their principal amount outstanding, net of unearned income, unamortized deferred loan fee income and loan origination costs. Interest is accrued as earned and loan origination fees and direct costs are deferred and accreted or amortized into interest income, as an adjustment to the yield, over the life of the loan using the level yield method. When a PPP loan is paid off or forgiven by the SBA, the remaining unaccreted or unamortized net origination fees or costs are immediately recognized into income.
Reclassifications	Reclassifications Certain prior year information has been reclassified to conform to the 2021 presentation.

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Abstract]
Schedule of summary of loans, by major class within the Company's loan portfolio	A summary of loans, by major class within the Company's loan portfolio, at December 31, 2021 and 2020 is as follows: (in thousands) 2021 2020 Commercial, financial, and agricultural (a) $ 217,214 $ 272,918 Real estate construction − residential 27,920 29,692 Real estate construction − commercial 91,369 78,144 Real estate mortgage − residential 279,346 262,339 Real estate mortgage − commercial 663,256 617,133 Installment and other consumer 23,028 26,741 Total loans held for investment $ 1,302,133 $ 1,286,967 (a) Includes $8.4 million and $63.3 million SBA PPP loans, net, respectively
Schedule of loans to directors and executive officers	The following is a summary of loans to directors and executive officers or to entities in which such individuals had a beneficial interest of the Company: (in thousands) Balance at December 31, 2020 $ 5,079 New loans 998 Amounts collected (3,599) Balance at December 31, 2021 $ 2,478
Schedule of summary of the allowance for loan losses	The following table illustrates the changes in the allowance for loan losses by portfolio segment: (in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Un- Total Balance at December 31, 2018 $ 3,237 $ 140 $ 757 $ 2,071 $ 4,914 $ 334 $ 199 $ 11,652 Additions: Provision for loan losses (168) (126) (388) 195 1,618 138 (119) 1,150 Deductions: Loans charged off 295 — — 277 25 196 — 793 Less recoveries on loans (144) (50) — (129) (40) (105) — (468) Net loans charged off 151 (50) — 148 (15) 91 — 325 Balance at December 31, 2019 $ 2,918 $ 64 $ 369 $ 2,118 $ 6,547 $ 381 $ 80 $ 12,477 Additions: Provision for loan losses 2,241 85 106 568 2,838 35 (73) 5,800 Deductions: Loans charged off 207 — — 52 39 211 — 509 Less recoveries on loans (169) (64) — (45) (8) (59) — (345) Net loans charged off 38 (64) — 7 31 152 — 164 Balance at December 31, 2020 $ 5,121 $ 213 $ 475 $ 2,679 $ 9,354 $ 264 $ 7 $ 18,113 Additions: (Release of) provision for loan losses (2,431) (89) (362) (365) 1,348 145 54 (1,700) Deductions: Loans charged off 194 — — 22 43 229 — 488 Less recoveries on loans (221) (13) (475) (190) (3) (76) — (978) Net loans charged off (27) (13) (475) (168) 40 153 — (490) Balance at December 31, 2021 $ 2,717 $ 137 $ 588 $ 2,482 $ 10,662 $ 256 $ 61 $ 16,903
Schedule of allowance for loan losses and recorded investment by portfolio segment	The following table illustrates the allowance for loan losses and recorded investment by portfolio segment: (in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Un- Total December 31, 2021 Allowance for loan losses: Individually evaluated for impairment $ 42 $ — $ 13 $ 166 $ 2,815 $ 8 $ — $ 3,044 Collectively evaluated for impairment 2,675 137 575 2,316 7,847 248 61 13,859 Total $ 2,717 $ 137 $ 588 $ 2,482 $ 10,662 $ 256 $ 61 $ 16,903 Loans outstanding: Individually evaluated for impairment $ 341 $ — $ 105 $ 2,391 $ 24,357 $ 60 $ — $ 27,254 Collectively evaluated for impairment 216,873 27,920 91,264 276,955 638,899 22,968 — 1,274,879 Total $ 217,214 $ 27,920 $ 91,369 $ 279,346 $ 663,256 $ 23,028 $ — $ 1,302,133 December 31, 2020 Allowance for loan losses: Individually evaluated for impairment $ 2,187 $ 27 $ 28 $ 263 $ 2,594 $ 14 $ — $ 5,113 Collectively evaluated for impairment 2,934 186 447 2,416 6,760 250 7 13,000 Total $ 5,121 $ 213 $ 475 $ 2,679 $ 9,354 $ 264 $ 7 $ 18,113 Loans outstanding: Individually evaluated for impairment $ 7,552 $ 192 $ 200 $ 3,626 $ 25,657 $ 108 $ — $ 37,335 Collectively evaluated for impairment 265,366 29,500 77,944 258,713 591,476 26,633 — 1,249,632 Total $ 272,918 $ 29,692 $ 78,144 $ 262,339 $ 617,133 $ 26,741 $ — $ 1,286,967
Schedule of impaired loans	The categories of impaired loans at December 31, 2021 and 2020 are as follows: (in thousands) 2021 2020 Non-accrual loans $ 25,459 $ 34,559 Performing TDRs 1,795 2,776 Total impaired loans $ 27,254 $ 37,335 The following tables provide additional information about impaired loans at December 31, 2021 and 2020, respectively, segregated between loans for which an allowance has been provided and loans for which no allowance has been provided. (in thousands) Recorded Unpaid Specific December 31, 2021 With no related allowance recorded: Real estate mortgage − residential $ 1,034 $ 1,152 $ — Real estate mortgage − commercial 15,593 16,057 — Total $ 16,627 $ 17,209 $ — With an allowance recorded: Commercial, financial and agricultural $ 341 $ 374 $ 42 Real estate construction − commercial 105 138 13 Real estate mortgage − residential 1,357 1,730 166 Real estate mortgage − commercial 8,764 9,142 2,815 Installment and other consumer 60 61 8 Total $ 10,627 $ 11,445 $ 3,044 Total impaired loans $ 27,254 $ 28,654 $ 3,044 (in thousands) Recorded Investment Unpaid Principal Balance Specific Reserves December 31, 2020 With no related allowance recorded: Commercial, financial and agricultural $ 1,703 $ 1,731 $ — Real estate mortgage − residential 1,300 1,395 — Real estate mortgage − commercial 8,943 8,943 — Total $ 11,946 $ 12,069 $ — With an allowance recorded: Commercial, financial and agricultural $ 5,849 $ 6,180 $ 2,187 Real estate construction − residential 192 192 27 Real estate construction − commercial 200 251 28 Real estate mortgage − residential 2,326 2,786 263 Real estate mortgage − commercial 16,714 16,787 2,594 Installment and other consumer 108 112 14 Total $ 25,389 $ 26,308 $ 5,113 Total impaired loans $ 37,335 $ 38,377 $ 5,113 The following table presents by class, information related to the average recorded investment and interest income recognized on impaired loans for the years ended December 31, 2021 and 2020: 2021 2020 (in thousands) Average Recorded Investment Interest Recognized For the Period Ended Average Recorded Investment Interest Recognized For the Period Ended With no related allowance recorded: Commercial, financial and agricultural $ 5,063 $ 35 $ 1,629 $ 144 Real estate construction − commercial — — 162 — Real estate mortgage − residential 1,142 38 1,692 28 Real estate mortgage − commercial 14,639 1 2,975 13 Installment and other consumer 19 — 6 — Total $ 20,863 $ 74 $ 6,464 $ 185 With an allowance recorded: Commercial, financial and agricultural $ 357 $ 21 $ 2,395 $ 48 Real estate construction − residential 47 — 48 — Real estate construction − commercial 131 — 367 — Real estate mortgage − residential 1,652 35 2,564 45 Real estate mortgage − commercial 8,974 31 4,830 22 Installment and other consumer 43 4 113 8 Total $ 11,204 $ 91 $ 10,317 $ 123 Total impaired loans $ 32,067 $ 165 $ 16,781 $ 308
Schedule of aging information for the Company's past due and non-accrual loans	The following table provides aging information for the Company's past due and non-accrual loans at December 31, 2021 and 2020. (in thousands) Current or 30 - 89 Days 90 Days Non-Accrual Total December 31, 2021 Commercial, Financial, and Agricultural $ 217,058 $ 3 $ — $ 153 $ 217,214 Real estate construction − residential 27,920 — — — 27,920 Real estate construction − commercial 91,264 — — 105 91,369 Real estate mortgage − residential 277,532 671 14 1,129 279,346 Real estate mortgage − commercial 638,982 245 — 24,029 663,256 Installment and Other Consumer 22,848 137 — 43 23,028 Total $ 1,275,604 $ 1,056 $ 14 $ 25,459 $ 1,302,133 December 31, 2020 Commercial, Financial, and Agricultural $ 265,821 $ 380 $ — $ 6,717 $ 272,918 Real estate construction − residential 29,500 — — 192 29,692 Real estate construction − commercial 77,944 — — 200 78,144 Real estate mortgage − residential 259,688 546 — 2,105 262,339 Real estate mortgage − commercial 591,815 4 — 25,314 617,133 Installment and Other Consumer 26,576 117 17 31 26,741 Total $ 1,251,344 $ 1,047 $ 17 $ 34,559 $ 1,286,967
Schedule of risk categories by class	The following table presents the risk categories by class at December 31, 2021 and 2020. (in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Total At December 31, 2021 Watch $ 9,219 $ — $ 4,304 $ 12,185 $ 43,348 $ — $ 69,056 Substandard 6,284 — 2,673 750 2,305 — 12,012 Performing TDRs 188 — — 1,262 328 17 1,795 Non-accrual loans 153 — 105 1,129 24,029 43 25,459 Total $ 15,844 $ — $ 7,082 $ 15,326 $ 70,010 $ 60 $ 108,322 At December 31, 2020 Watch $ 9,649 $ 545 $ 10,806 $ 15,835 $ 66,936 $ — $ 103,771 Substandard 598 — — 1,002 1,662 — 3,262 Performing TDRs 835 — — 1,521 343 77 2,776 Non-accrual loans 6,717 192 200 2,105 25,314 31 34,559 Total $ 17,799 $ 737 $ 11,006 $ 20,463 $ 94,255 $ 108 $ 144,368
Schedule of summary of loans that were modified as TDRs	The following table summarizes loans that were modified as TDRs during the years ended December 31, 2021 and 2020. 2021 2020 Recorded Investment (1) Recorded Investment (1) (in thousands) Number of Pre- Post- Number of Pre- Post- Troubled Debt Restructurings Real estate mortgage − residential — $ — $ — 2 $ 209 $ 211 Installment and other consumer — — — 1 6 4 Total — $ — $ — 3 $ 215 $ 215 (1) The amounts reported post-modification are inclusive of all partial pay-downs and charge-offs, and no portion of the debt was forgiven. Loans modified as a TDR that were fully paid down, charged-off, or foreclosed upon during the period ended are not reported.

Other Real Estate Acquired in_2

Other Real Estate Acquired in Settlement of Loans (Tables)	12 Months Ended
	Dec. 31, 2021
Other Real Estate [Abstract]
Schedule of summary of real estate and other assets acquired in settlement of loans	(in thousands) 2021 2020 Commercial $ 643 $ 920 Real estate construction - commercial 10,166 10,986 Real estate mortgage - residential 117 201 Real estate mortgage - commercial 2,510 2,798 Total $ 13,436 $ 14,905 Less valuation allowance for other real estate owned (2,911) (2,614) Total other real estate owned $ 10,525 $ 12,291
Schedule of changes in the net carrying amount of other real estate owned	Changes in the net carrying amount of other real estate owned for the years indicated: Balance at December 31, 2019 $ 15,737 Additions 73 Proceeds from sales (516) Charge-offs against the valuation allowance for other real estate owned, net (347) Donation (266) Net gain on sales 224 Balance at December 31, 2020 $ 14,905 Additions 723 Proceeds from sales (1,551) Charge-offs against the valuation allowance for other real estate owned, net (668) Net gain on sales 27 Total other real estate owned $ 13,436 Less valuation allowance for other real estate owned (2,911) Balance at December 31, 2021 $ 10,525
Schedule of summary of activity in valuation allowance for other real estate owned	Activity in the valuation allowance for other real estate owned in settlement of loans for the years indicated: (in thousands) 2021 2020 2019 Balance, beginning of period $ 2,614 $ 2,956 $ 3,002 Provision for other real estate owned 965 5 49 Charge-offs (668) (347) (95) Balance, end of period $ 2,911 $ 2,614 $ 2,956

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of debt securities available-for-sale	The amortized cost, gross unrealized gains and losses, and fair value of debt securities classified as available-for-sale at December 31, 2021 and 2020 were as follows: Total Gross Unrealized Fair ( in thousands) Gains Losses December 31, 2021 U.S. Treasury $ 3,909 $ 11 $ (3) $ 3,917 U.S. government and federal agency obligations 1,314 5 — 1,319 U.S. government-sponsored enterprises 26,498 70 (196) 26,372 Obligations of states and political subdivisions 128,093 1,605 (474) 129,224 Mortgage-backed securities 137,286 791 (1,611) 136,466 Other debt securities (a) 11,825 482 (23) 12,284 Bank issued trust preferred securities (a) 1,486 — (198) 1,288 Total available-for-sale securities $ 310,411 $ 2,964 $ (2,505) $ 310,870 December 31, 2020 U.S. Treasury $ 2,772 $ 26 $ — $ 2,798 U.S. government and federal agency obligations 11,732 197 — 11,929 U.S. government-sponsored enterprises 22,495 379 — 22,874 Obligations of states and political subdivisions 56,943 1,801 — 58,744 Mortgage-backed securities 88,357 1,809 (54) 90,112 Other debt securities (a) 10,000 358 (14) 10,344 Bank issued trust preferred securities (a) 1,486 — (257) 1,229 Total available-for-sale securities $ 193,785 $ 4,570 $ (325) $ 198,030 (a) Certain hybrid instruments possessing characteristics typically associated with debt obligations.
Schedule of amortized cost and fair value of debt securities classified as available-for-sale by contractual maturity	Expected maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without prepayment penalties. ( in thousands) Amortized Fair Due in one year or less $ 6,521 $ 6,540 Due after one year through five years 21,885 21,980 Due after five years through ten years 35,056 35,567 Due after ten years 109,663 110,317 Total 173,125 174,404 Mortgage-backed securities 137,286 136,466 Total available-for-sale securities $ 310,411 $ 310,870
Schedule of Other securities	Investments in Federal Home Loan Bank (FHLB) stock, and Midwest Independent Bank (MIB) bankers bank stock, that do not have readily determinable fair values, are required for membership in those organizations. (in thousands) 2021 2020 Other securities: FHLB stock $ 5,197 $ 6,170 MIB stock 151 151 Equity securities with readily determinable fair values 60 32 Total other investment securities $ 5,408 $ 6,353
Schedule of gross unrealized losses on debt securities and fair value of related securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position	Gross unrealized losses on debt securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2021 and December 31, 2020 were as follows: Less than 12 months 12 months or more Total Total (in thousands) Fair Unrealized Fair Unrealized At December 31, 2021 U.S. Treasury $ 1,758 $ (3) $ — $ — $ 1,758 $ (3) U.S. government-sponsored enterprises 18,304 (196) — — 18,304 (196) Obligations of states and political subdivisions 39,221 (474) — — 39,221 (474) Mortgage-backed securities 89,520 (1,579) 1,864 (32) 91,384 (1,611) Other debt securities 3,802 (23) — — 3,802 (23) Bank issued trust preferred securities — — 1,288 (198) 1,288 (198) Total $ 152,605 $ (2,275) $ 3,152 $ (230) $ 155,757 $ (2,505) (in thousands) At December 31, 2020 U.S. Treasury $ 1,015 $ — $ — $ — $ 1,015 $ — Mortgage-backed securities 7,494 (54) — — 7,494 (54) Other debt securities 2,987 (14) — — 2,987 (14) Bank issued trust preferred securities — — 1,229 (257) 1,229 (257) Total $ 11,496 $ (68) $ 1,229 $ (257) $ 12,725 $ (325)
Schedule of components of investment securities gains and losses	The following table presents the gross unrealized gains and losses from sales and calls of available-for-sale securities, as well as gains and losses on equity securities from fair value adjustments which have been recognized in earnings: (in thousands) 2021 2020 2019 Investment securities gains (losses), net Available for sale securities: Gains realized on sales $ 122 $ 49 $ 6 Losses realized on sales — (8) (46) Other-than-temporary impairment recognized — — — Other investment securities: Fair value adjustments, net 27 20 — Investment securities gains (losses), net $ 149 $ 61 $ (40)

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of summary of premises and equipment	A summary of premises and equipment at December 31, 2021 and 2020 is as follows: (in thousands) 2021 2020 Land and land improvements $ 9,481 $ 9,452 Buildings and improvements 35,688 35,520 Furniture and equipment 13,183 13,570 Operating leases - right of use asset 2,538 2,594 Construction in progress 82 268 Total 60,972 61,404 Less accumulated depreciation 28,253 26,843 Premises and equipment, net $ 32,719 $ 34,561
Schedule of depreciation expense	Depreciation expense for the years ended December 31, 2021, 2020, and 2019 was as follows: (in thousands) 2021 2020 2019 Depreciation expense $ 2,283 $ 2,265 $ 2,062

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in mortgage servicing rights (MSRs)	The table below presents changes in mortgage servicing rights (MSRs) for the years ended December 31, 2021, 2020, and 2019. (in thousands) 2021 2020 2019 Balance at beginning of period $ 2,445 $ 2,482 $ 2,931 Originated mortgage servicing rights 400 866 290 Changes in fair value: Due to changes in model inputs and assumptions (1) 258 (422) (434) Other changes in fair value (2) (444) (481) (305) Total changes in fair value (186) (903) (739) Balance at end of period $ 2,659 $ 2,445 $ 2,482 (1) The change in fair value resulting from changes in valuation inputs or assumptions used in the valuation model reflects the change in discount rates and prepayment speed assumptions primarily due to changes in interest rates. (2) Other changes in fair value reflect changes due to customer payments and passage of time.
Schedule of key data and assumptions used in estimating the fair value of the Company's MSRs	The following key data and assumptions were used in estimating the fair value of the Company's mortgage servicing rights as of December 31, 2021 and 2020: 2021 2020 Weighted average constant prepayment rate 10.65 % 15.74 % Weighted average note rate 3.37 % 3.55 % Weighted average discount rate 8.00 % 7.75 % Weighted average expected life (in years) 6.1 4.8

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
Schedule of maturities of total time deposits	The scheduled maturities of total time deposits at December 31, 2021 were as follows: (in thousands) Due within: 2022 $ 194,932 2023 43,530 2024 4,020 2025 1,347 2026 1,567 Thereafter — Total $ 245,396

Federal funds purchased and s_2

Federal funds purchased and securities sold under agreements to repurchase (Tables)	12 Months Ended
	Dec. 31, 2021
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]
Schedule of federal funds purchased and securities sold under agreements to repurchase	Information relating to federal funds purchased and repurchase agreements is as follows: (in thousands) Year End Average Average Maximum Balance at December 31, 2021 Federal funds purchased 0.43 % 0.34 % $ 1 $ — $ — Short-term repurchase agreements - Bank 0.27 0.25 34,448 55,942 23,829 Total $ 34,449 $ 55,942 $ 23,829 2020 Federal funds purchased 0.36 % 0.26 % $ — $ — $ — Short-term repurchase agreements - Bank 0.24 0.43 34,026 45,154 45,154 Total $ 34,026 $ 45,154 $ 45,154
Schedule of repurchase agreements by remaining maturity of the agreements	The collateral amounts pledged to repurchase agreements by remaining maturity in the table below are limited to the outstanding balances of the related asset or liability; thus amounts of excess collateral are not shown. Repurchase Agreements Remaining Contractual Maturity of the Agreements (in thousands) Overnight Less Greater Total At December 31, 2021 U.S. government-sponsored enterprises $ 9,113 $ — $ — $ 9,113 Mortgage-backed securities 14,716 — — 14,716 Total $ 23,829 $ — $ — $ 23,829 At December 31, 2020 U.S. government and federal agency obligations $ 2,728 $ — $ — $ 2,728 U.S. government-sponsored enterprises 15,533 — — 15,533 Mortgage-backed securities 26,893 — — 26,893 Total $ 45,154 $ — $ — $ 45,154

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Schedule of maturity of remaining operating leases liabilities	The table below summarizes the maturity of remaining operating lease liabilities: Lease payments due in: Operating (in thousands) 2022 $ 368 2023 366 2024 258 2025 257 2026 259 Thereafter 571 Total lease payments 2,079 Less imputed interest (242) Total lease liabilities, as reported $ 1,837

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of other borrowings	Federal Home Loan Bank and other borrowings of the Company consisted of the following: 2021 2020 (in thousands) Borrower Maturity Year End Year End Year End Year End FHLB advances The Bank 2021 $ — — % $ 29,242 2.54 % 2022 9,418 1.33 % 9,418 1.33 % 2023 11,000 1.05 % 11,000 1.05 % 2024 11,000 1.17 % 11,000 1.17 % 2025 15,000 1.17 % 15,000 1.17 % 2026 13,000 1.09 % 13,000 1.09 % Thereafter 18,000 1.79 % 18,000 1.79 % Other borrowings 2023 — — % 14 4.00 % Total Bank $ 77,418 $ 106,674 Subordinated notes The Company 2034 $ 25,774 2.92 % $ 25,774 2.93 % 2035 23,712 2.05 % 23,712 2.06 % Total Company $ 49,486 $ 49,486

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of composition of income tax expense	The composition of income tax expense for the years ended December 31, 2021, 2020, and 2019 was as follows: (in thousands) 2021 2020 2019 Current: Federal $ 5,351 $ 4,268 $ 3,830 State 630 — — Total current 5,981 4,268 3,830 Deferred: Federal (284) (1,085) (7) State — — — Total deferred (284) (1,085) (7) Total income tax expense $ 5,697 $ 3,183 $ 3,823
Schedule of the applicable income tax expense for financial reporting purposes differs from the amount computed by applying the statutory Federal income tax rate	Applicable income tax expense for financial reporting purposes differs from the amount computed by applying the statutory federal income tax rate for the reasons noted in the table for the years ended December 31, 2021, 2020, and 2019 are as follows: 2021 2020 2019 (in thousands) Amount % Amount % Amount % Income before provision for income tax expense $ 28,214 $ 17,476 $ 19,937 Tax at statutory federal income tax rate $ 5,925 21.00 % $ 3,670 21.00 % $ 4,187 21.00 % Tax-exempt income, net (733) (2.60) (487) (2.79) (408) (2.04) State income tax, net of federal tax benefit 498 1.76 — — — — Other, net 7 0.03 — — 44 0.22 Provision for income tax expense $ 5,697 20.19 % $ 3,183 18.21 % $ 3,823 19.18 %
Schedule of components of deferred tax assets and deferred tax liabilities	The components of deferred tax assets and deferred tax liabilities at December 31, 2021 and 2020 were as follows: (in thousands) 2021 2020 Deferred tax assets: Allowance for loan losses $ 2,961 $ 2,927 Pension 262 1,233 Other real estate owned 611 550 Deferred loan fees 401 563 Lease liability 386 449 Intangible assets 20 22 Accrued / deferred compensation 581 530 Other 392 368 Total deferred tax assets $ 5,614 $ 6,642 Deferred tax liabilities: Premises and equipment $ 428 $ 553 Mortgage servicing rights 558 514 Deferred loan costs 327 288 Right-of-use asset 378 443 Prepaid expenses 409 359 Securities 117 900 Other 5 8 Total deferred tax liabilities 2,222 3,065 Net deferred tax assets $ 3,392 $ 3,577

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Schedule of the change in the components of the accumulated other comprehensive loss	The following details the change in the components of the Company's accumulated other comprehensive loss for the years ended December 31, as indicated. (in thousands) Unrealized Unrecognized Net Accumulated Balance, December 31, 2019 $ (23) $ (3,732) $ (3,755) Other comprehensive income, before reclassifications 4,315 214 4,529 Amounts reclassified from accumulated other comprehensive income (loss) (41) 2,200 2,159 Other comprehensive income (loss), before tax 4,274 2,414 6,688 Income tax (expense) benefit (898) (507) (1,405) Other comprehensive income (loss), net of tax 3,376 1,907 5,283 Balance, December 31, 2020 $ 3,353 $ (1,825) $ 1,528 Other comprehensive income, before reclassifications (3,690) 367 (3,323) Amounts reclassified from accumulated other comprehensive income (loss) (96) 5,653 5,557 Other comprehensive income, before tax (3,786) 6,020 2,234 Income tax expense 795 (1,264) (469) Other comprehensive income, net of tax (2,991) 4,756 1,765 Balance, December 31, 2021 $ 362 $ 2,931 $ 3,293 (1) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) income are included in gains (losses) on sale of investment securities in the consolidated statements of income. (2) The pre-tax amounts reclassified from accumulated other comprehensive income (loss) are included in the computation of net periodic pension cost. See Note 13.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
Schedule of employee benefits charged to operating expenses	Employee benefits charged to operating expenses are summarized in the table below for the years ended December 31, as indicated. (in thousands) 2021 2020 2019 Payroll taxes $ 1,403 $ 1,273 $ 1,112 Medical plans 1,860 1,854 1,826 401(k) match and profit sharing 1,829 1,586 1,290 Periodic pension cost 1,796 1,614 1,430 Other 52 59 63 Total employee benefits $ 6,940 $ 6,386 $ 5,721
Schedule of obligations and funded status	Obligations and Funded Status at December 31, (in thousands) 2021 2020 Change in projected benefit obligation: Balance, January 1 $ 36,957 $ 34,009 Service cost 1,692 1,614 Interest cost 1,072 1,127 Actuarial loss (232) 933 Benefits paid (828) (726) Balance, December 31, $ 38,661 $ 36,957 Change in plan assets: Fair value, January 1 $ 30,084 $ 25,689 Actual return on plan assets 7,278 4,725 Employer contribution 1,000 500 Expenses paid (118) (104) Benefits paid (828) (726) Fair value, December 31, $ 37,416 $ 30,084 Funded status at end of year $ (1,245) $ (6,873) Accumulated benefit obligation $ 30,690 $ 30,156 Amounts recognized in the statement of financial position consist of the following: (in thousands) 2021 2020 Noncurrent assets $ — $ — Current liabilities — — Noncurrent liabilities (1,245) (6,873) Net liability at end of year $ (1,245) $ (6,873)
Schedule of components of net pension cost	The following items are components of net pension cost for the years ended December 31, as indicated: (in thousands) 2021 2020 2019 Service cost - benefits earned during the year $ 1,692 $ 1,614 $ 1,430 Interest costs on projected benefit obligations (a) 1,072 1,127 1,169 Expected return on plan assets (a) (1,843) (1,598) (1,467) Expected administrative expenses (a) 104 110 122 Amortization of prior service cost (a) — 50 79 Amortization of unrecognized net loss (a) 367 164 — Net periodic pension cost $ 1,392 $ 1,467 $ 1,333 (a) The components of net periodic pension cost other than the service cost component are included in other non-interest expense.
Schedule of amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive loss, including amounts recognized in other comprehensive income	Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive (loss) income at December 31, 2021 and 2020 are shown below, including amounts recognized in other comprehensive income during the periods. All amounts are shown on a pre-tax basis. (in thousands) 2021 2020 Prior service costs $ — $ — Net accumulated actuarial net loss 3,710 (2,311) Accumulated other comprehensive loss 3,710 (2,311) Net periodic benefit cost in excess of cumulative employer contributions (4,955) (4,562) Net amount recognized at December 31, balance sheet $ (1,245) $ (6,873) Net actuarial gain (loss) arising during period $ 5,653 $ 2,200 Prior service cost amortization — 50 Amortization of net actuarial loss 367 164 Total recognized in other comprehensive income (loss) $ 6,020 $ 2,414 Total recognized in net periodic pension cost and other comprehensive (loss) income $ (4,628) $ (947)
Schedule of assumptions utilized to determine benefit obligations and to determine pension expense	Assumptions utilized to determine benefit obligations as of December 31, 2021, 2020, and 2019 and to determine pension expense for the years then ended are as follows: 2021 2020 2019 Determination of benefit obligation at year end: Discount rate 3.10 % 2.80 % 3.45 % Annual rate of compensation increase 4.50 % 4.50 % 4.00 % Determination of pension expense for year ended: Discount rate for the service cost 2.80 % 3.45 % 4.40 % Annual rate of compensation increase 4.00 % 4.00 % 4.00 % Expected long-term rate of return on plan assets 6.75 % 6.75 % 6.75 %
Schedule of fair value of the Company's pension plan assets, by asset category	The fair value of the Company's pension plan assets at December 31, 2021 and 2020 by asset category was as follows: Fair Value Measurements (in thousands) Fair Value Quoted Prices Other Significant December 31, 2021 Cash equivalents $ 1,449 $ 1,449 $ — $ — Corporate bonds 303 — 303 — Equity securities 1,774 1,774 — — Mutual funds 33,890 33,890 — — Total $ 37,416 $ 37,113 $ 303 $ — December 31, 2020 Cash equivalents $ 666 $ 666 $ — $ — Corporate bonds 311 — 311 — Equity securities 1,473 1,473 — — Mutual funds 27,634 27,634 — — Total $ 30,084 $ 29,773 $ 311 $ —
Schedule of future benefit payments expected to be paid	The following future benefit payments are expected to be paid: Year Pension (in thousands) 2022 $ 1,017 2023 1,045 2024 1,048 2025 1,116 2026 1,203 2027 to 2030 8,353

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Schedule of calculations of basic and diluted earnings per common share	Presented below is a summary of the components used to calculate basic and diluted earnings per common share, which have been restated for all stock dividends. (dollars in thousands, except per share data) 2021 2020 2019 Basic earnings per share: Net income available to shareholders $ 22,517 $ 14,293 $ 16,114 Average shares outstanding 6,617,072 6,744,299 6,780,183 Basic earnings per share $ 3.40 $ 2.12 $ 2.38 Diluted earnings per share: Net income available to shareholders $ 22,517 $ 14,293 $ 16,114 Average shares outstanding 6,617,072 6,744,299 6,780,183 Diluted earnings per share $ 3.40 $ 2.12 $ 2.38

Capital Requirements (Tables)

Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2021
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of capital adequacy requirements of regulatory capital ratios in excess of the levels established for well-capitalized	Under the Basel III requirements, at December 31, 2021 and December 31, 2020, the Company met all capital adequacy requirements and had regulatory capital ratios in excess of the levels established for well-capitalized institutions, as shown in the following table as of years indicated: Actual Minimum Capital Required to be (in thousands) Amount Ratio Amount Ratio Amount Ratio December 31, 2021 Total Capital (to risk-weighted assets): Company $ 210,726 14.79% $ 149,640 10.50% $ — N.A% Bank 210,148 14.78% 149,339 10.50% 142,228 10.00% Tier 1 Capital (to risk-weighted assets): Company $ 193,663 13.59% $ 121,137 8.50% $ — N.A% Bank 193,085 13.58% 120,894 8.50% 113,782 8.00% Common Equity Tier 1 Capital (to risk-weighted assets): Company $ 145,663 10.22% $ 99,760 7.00% $ — N.A% Bank 193,085 13.58% 99,559 7.00% 92,448 7.00% Tier 1 leverage ratio (to adjusted average assets): Company $ 193,663 11.01% $ 70,342 4.00% $ — N.A% Bank 193,085 11.04% 69,959 4.00% 87,449 5.00% December 31, 2020 Total Capital (to risk-weighted assets): Company $ 193,220 14.97% $ 135,518 10.50% $ — N.A% Bank 191,504 14.87% 135,186 10.50% 128,748 10.00% Tier 1 Capital (to risk-weighted assets): Company $ 172,591 13.37% $ 109,705 8.50% $ — N.A% Bank 175,384 13.62% 109,436 8.50% 102,999 8.00% Common Equity Tier 1 Capital (to risk-weighted assets) Company $ 129,061 10.00% $ 90,345 7.00% $ — N.A% Bank 175,384 13.62% 90,124 7.00% 83,686 7.00% Tier 1 leverage ratio: Company $ 172,591 10.19% $ 67,724 4.00% $ — N.A% Bank 175,384 10.41% 67,394 4.00% 84,243 5.00%

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities recorded at fair value on a recurring basis	Fair Value Measurements (in thousands) Fair Value Quoted Prices Other Significant December 31, 2021 Assets: U.S. Treasury $ 3,917 $ 3,917 $ — $ — U.S. government and federal agency obligations 1,319 — 1,319 — U.S. government-sponsored enterprises 26,372 — 26,372 — Obligations of states and political subdivisions 129,224 — 129,224 — Mortgage-backed securities 136,466 — 136,466 — Other debt securities 12,284 — 12,284 — Bank-issued trust preferred securities 1,288 — 1,288 — Equity securities 60 60 — — Interest rate lock commitments 312 — — 312 Forward sale commitments 12 — 12 — Loans held for sale 2,249 — 2,249 — Mortgage servicing rights 2,659 — — 2,659 Total $ 316,162 $ 3,977 $ 309,214 $ 2,971 Liabilities: Interest rate lock commitments $ 26 $ — $ — $ 26 Total $ 26 $ — $ — $ 26 December 31, 2020 Assets: U.S. Treasury $ 2,798 $ 2,798 $ — $ — U.S. government and federal agency obligations 11,929 — 11,929 — U.S. government-sponsored enterprises 22,874 — 22,874 — Obligations of states and political subdivisions 58,744 — 58,744 — Mortgage-backed securities 90,112 — 90,112 — Other debt securities 10,344 — 10,344 — Bank-issued trust preferred securities 1,229 — 1,229 — Equity securities 32 32 — — Mortgage servicing rights 2,445 — — 2,445 Total $ 200,507 $ 2,830 $ 195,232 $ 2,445
Schedule of summary of changes in Level 3 assets and liabilities measured at fair value on a recurring basis	The changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows: (in thousands) Fair Value Measurements Using Fair Value Measurements Using Balance at December 31, 2019 $ 2,482 $ — Total (losses) or gains (realized/unrealized): Included in earnings (903) — Included in other comprehensive income — — Purchases — — Sales — — Issues 866 — Settlements — — Balance at December 31, 2020 $ 2,445 $ — Total (losses) or gains (realized/unrealized): Included in earnings (186) — Included in other comprehensive income — — Purchases — — Sales — — Issues 400 286 Settlements — — Balance at December 31, 2021 $ 2,659 $ 286
Schedule of valuation methods for instruments measured at fair value on a nonrecurring basis	Fair Value Measurements Using (in thousands) Total Quoted Prices Other Significant Total Gains December 31, 2021 Assets: Collateral dependent impaired loans: Commercial, financial, & agricultural $ — $ — $ — $ — $ (46) Real estate mortgage - residential 264 — — 264 (22) Real estate mortgage - commercial 21,133 — — 21,133 (43) Installment and other consumer — — — — (7) Total $ 21,397 $ — $ — $ 21,397 $ (118) Other real estate and repossessed assets $ 10,525 $ — $ — $ 10,525 $ (935) December 31, 2020 Assets: Collateral dependent impaired loans: Commercial, financial, & agricultural $ 4,505 $ — $ — $ 4,505 $ (52) Real estate mortgage - residential 417 — — 417 (52) Real estate mortgage - commercial 22,581 — — 22,581 (39) Installment and other consumer — — — — (21) Total $ 27,503 $ — $ — $ 27,503 $ (164) Other real estate and repossessed assets $ 12,291 $ — $ — $ 12,291 $ 219 * Total gains (losses) reported for other real estate owned and repossessed assets includes charge-offs, valuation write-downs, and net losses taken during the periods reported.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2021
Financial Instruments, Owned, at Fair Value [Abstract]
Schedule of summary of the carrying amounts and fair values of financial instruments	A summary of the carrying amounts and fair values of the Company's financial instruments at December 31, 2021 and 2020 is as follows: December 31, 2021 Fair Value Measurements December 31, 2021 Quoted Prices Other Net (in thousands) Carrying Fair Assets Inputs Inputs Assets: Cash and due from banks $ 17,287 $ 17,287 $ 17,287 $ — $ — Federal funds sold and overnight interest-bearing deposits 142,622 142,622 142,622 — — Certificates of deposit in other banks 5,193 5,193 5,193 — — Available for sale securities 310,870 310,870 3,917 306,953 — Other investment securities 5,408 5,408 60 5,348 — Loans, net 1,285,230 1,308,539 — — 1,308,539 Loans held for sale 2,249 2,249 — 2,249 — Cash surrender value - life insurance 2,509 2,509 — 2,509 — Interest rate lock commitments 312 312 — — 312 Forward sale commitments 12 12 — 12 — Accrued interest receivable 6,621 6,621 6,621 — — Total $ 1,778,313 $ 1,801,622 $ 175,700 $ 317,071 $ 1,308,851 Liabilities: Deposits: Non-interest bearing demand $ 453,066 $ 453,066 $ 453,066 $ — $ — Savings, interest checking and money market 818,358 818,358 818,358 — — Time deposits 245,396 246,025 — — 246,025 Federal funds purchased and securities sold under agreements to repurchase 23,829 23,829 23,829 — — Federal Home Loan Bank advances and other borrowings 77,418 78,152 — 78,152 — Subordinated notes 49,486 42,908 — 42,908 — Interest rate lock commitments 26 26 — — 26 Accrued interest payable 282 282 282 — — Total $ 1,667,861 $ 1,662,646 $ 1,295,535 $ 121,060 $ 246,051 December 31, 2020 Fair Value Measurements December 31, 2020 Quoted Prices Other Net (in thousands) Carrying Fair Assets Inputs Inputs Assets: Cash and due from banks $ 19,235 $ 19,235 $ 19,235 $ — $ — Federal funds sold and overnight interest-bearing deposits 161,128 161,128 161,128 — — Certificates of deposit in other banks 9,376 9,376 9,376 — — Available-for-sale securities 198,030 198,030 2,798 195,232 — Other investment securities 6,353 6,353 32 6,321 — Loans, net 1,268,854 1,288,677 — — 1,288,677 Loans held for sale 5,099 5,279 — 5,279 — Cash surrender value - life insurance 2,451 2,451 — 2,451 — Accrued interest receivable 6,640 6,640 6,640 — — $ 1,677,166 $ 1,697,169 $ 199,209 $ 209,283 $ 1,288,677 Liabilities: Deposits: Non-interest bearing demand $ 382,492 $ 382,492 $ 382,492 $ — $ — Savings, interest checking and money market 723,808 723,808 723,808 — — Time deposits 277,306 279,569 — — 279,569 Federal funds purchased and securities sold under agreements to repurchase 45,154 45,154 45,154 — — Federal Home Loan Bank advances and other borrowings 106,674 110,121 — 110,121 — Subordinated notes 49,486 40,929 — 40,929 — Accrued interest payable 837 837 837 — — $ 1,585,757 $ 1,582,910 $ 1,152,291 $ 151,050 $ 279,569

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Schedule of contractual amount of off-balance-sheet financial instruments	The contractual amount of off-balance-sheet financial instruments as of December 31, 2021 and 2020 is as follows: (in thousands) 2021 2020 Commitments to extend credit $ 396,958 $ 264,528 Interest rate lock commitments 16,161 46,171 Forward sale commitments 2,199 5,099 Standby letters of credit 35,514 125,800 Total 450,832 441,598

Condensed Financial Informati_2

Condensed Financial Information of the Parent Company Only (Tables)	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Schedule of Condensed Balance Sheets	Following are the condensed financial statements of Hawthorn Bancshares, Inc. (Parent only) as of and for the years indicated: Condensed Balance Sheets December 31, (in thousands) 2021 2020 Assets Cash and due from bank subsidiaries $ 1,805 $ 2,013 Investment in bank-issued trust preferred securities 1,288 1,229 Investment in subsidiaries 197,243 183,020 Deferred tax asset 589 1,496 Other assets 1,238 1,076 Total assets $ 202,163 $ 188,834 Liabilities and Stockholders’ Equity Subordinated notes $ 49,486 $ 49,486 Other liabilities 3,721 8,759 Stockholders’ equity 148,956 130,589 Total liabilities and stockholders’ equity $ 202,163 $ 188,834
Schedule of Condensed Statements of Income	Condensed Statements of Income For the Years Ended December 31, (in thousands) 2021 2020 2019 Income Interest and dividends received from subsidiaries $ 8,512 $ 4,946 $ 8,071 Total income 8,512 4,946 8,071 Expenses Interest on subordinated notes 1,227 1,527 2,376 Other 2,796 2,692 2,461 Total expenses 4,023 4,219 4,837 Income before income tax benefit and equity in undistributed income of subsidiaries 4,489 727 3,234 Income tax benefit 837 876 1,001 Equity in undistributed income of subsidiaries 17,191 12,690 11,879 Net income $ 22,517 $ 14,293 $ 16,114
Schedule of Condensed Statements of Cash Flows	Condensed Statements of Cash Flows For the Years Ended December 31, (in thousands) 2021 2020 2019 Cash flows from operating activities: Net income $ 22,517 $ 14,293 $ 16,114 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income of subsidiaries (17,191) (12,690) (11,879) Decrease (increase) in deferred tax asset 907 432 (319) Other, net (607) 1,031 10 Net cash provided by operating activities $ 5,626 $ 3,066 $ 3,926 Cash flows from investing activities: (Increase) decrease in investment in subsidiaries, net $ (70) $ 307 $ — Net cash (used in ) provided by investing activities $ (70) $ 307 $ — Cash flows from financing activities: Cash dividends paid - common stock $ (3,616) $ (3,030) $ (2,684) Purchase of treasury stock (2,148) (906) — Net cash used in financing activities $ (5,764) $ (3,936) $ (2,684) Net (decrease) increase in cash and due from banks (208) (563) 1,242 Cash and due from banks at beginning of year 2,013 2,576 1,334 Cash and due from banks at end of year $ 1,805 $ 2,013 $ 2,576

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	Jul. 01, 2021	Jul. 01, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Summary Of Significant Accounting Policies
Loans held for sale			$ 2,249,000	$ 5,099,000
Sustained period of repayment performance for non-accrual TDRs			6 months
Period of employees highest compensation before retirement			10 years
Tax liabilities related to uncertain tax positions			$ 0	0	$ 0
Interest or penalties recognized related to uncertain tax positions			$ 0	$ 0	$ 0
Special stock dividend, rate percent (in percent)	4.00%
Special stock dividend, record date		Jun. 15, 2021
Buildings and improvements | Minimum
Summary Of Significant Accounting Policies
Estimated useful lives			5 years
Buildings and improvements | Maximum
Summary Of Significant Accounting Policies
Estimated useful lives			40 years
Furniture and Fixtures | Minimum
Summary Of Significant Accounting Policies
Estimated useful lives			3 years
Furniture and Fixtures | Maximum
Summary Of Significant Accounting Policies
Estimated useful lives			15 years
Federal Home Loan Bank of Des Moines
Summary Of Significant Accounting Policies
Investment in capital stock of the Federal Home Loan Bank of total assets (in percent)			0.12%
Investment in capital stock of Federal Home Loan Bank required percentage of advances (in percent)			4.00%

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Summary of Loans by Major Class (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Loans and Allowance for Loan Losses
Loans held for investment	$ 1,302,133	$ 1,286,967
SBA PPA loans, net	8,400
Commercial, Financial, and Agricultural
Loans and Allowance for Loan Losses
Loans held for investment	217,214	272,918
SBA PPA loans, net	8,400
Real Estate Construction - Residential
Loans and Allowance for Loan Losses
SBA PPA loans, net	63,300
Real Estate Construction - Residential | Construction
Loans and Allowance for Loan Losses
Loans held for investment	27,920	29,692
Real Estate Construction - Residential | Mortgages
Loans and Allowance for Loan Losses
Loans held for investment	279,346	262,339
Real Estate Construction - Commercial | Construction
Loans and Allowance for Loan Losses
Loans held for investment	91,369	78,144
Real Estate Construction - Commercial | Mortgages
Loans and Allowance for Loan Losses
Loans held for investment	663,256	617,133
Installment and other consumer
Loans and Allowance for Loan Losses
Loans held for investment	$ 23,028	$ 26,741

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Loans Pledged (Details) $ in Millions	Dec. 31, 2021USD ($)
Loans and Leases Receivable Disclosure [Abstract]
Amount of loans pledged as collateral to the Federal Home Loan Bank	$ 548.1

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Related Parties (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance at December 31, 2020	$ 5,079
New loans	998
Amounts collected	(3,599)
Balance at December 31, 2021	$ 2,478

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Summary of the allowance for loan losses
Balance at beginning of period	$ 18,113	$ 12,477	$ 11,652
Additions:
(Release of) provision for loan losses	(1,700)	5,800	1,150
Deductions:
Loans charged off	488	509	793
Less recoveries on loans	(978)	(345)	(468)
Net loans charged off	(490)	164	325
Balance at end of period	16,903	18,113	12,477
Amount of PPP loans funded during the period	$ 47,500	88,400
Percentage credit guarantee from the SBA for the PPP loans (in percent)	100.00%
Allowance for PPP loans	$ 0
SBA PPA loans, net	$ 8,400
SBA PPP loans interest rate	1.00%
Commercial, Financial, and Agricultural
Summary of the allowance for loan losses
Balance at beginning of period	$ 5,121	2,918	3,237
Additions:
(Release of) provision for loan losses	(2,431)	2,241	(168)
Deductions:
Loans charged off	194	207	295
Less recoveries on loans	(221)	(169)	(144)
Net loans charged off	(27)	38	151
Balance at end of period	2,717	5,121	2,918
SBA PPA loans, net	8,400
Real Estate Construction - Residential
Deductions:
SBA PPA loans, net	63,300
Real Estate Construction - Residential | Construction
Summary of the allowance for loan losses
Balance at beginning of period	213	64	140
Additions:
(Release of) provision for loan losses	(89)	85	(126)
Deductions:
Loans charged off	0	0	0
Less recoveries on loans	(13)	(64)	(50)
Net loans charged off	(13)	(64)	(50)
Balance at end of period	137	213	64
Real Estate Construction - Residential | Mortgages
Summary of the allowance for loan losses
Balance at beginning of period	2,679	2,118	2,071
Additions:
(Release of) provision for loan losses	(365)	568	195
Deductions:
Loans charged off	22	52	277
Less recoveries on loans	(190)	(45)	(129)
Net loans charged off	(168)	7	148
Balance at end of period	2,482	2,679	2,118
Real Estate Construction - Commercial | Construction
Summary of the allowance for loan losses
Balance at beginning of period	475	369	757
Additions:
(Release of) provision for loan losses	(362)	106	(388)
Deductions:
Loans charged off	0	0	0
Less recoveries on loans	(475)	0	0
Net loans charged off	(475)	0	0
Balance at end of period	588	475	369
Real Estate Construction - Commercial | Mortgages
Summary of the allowance for loan losses
Balance at beginning of period	9,354	6,547	4,914
Additions:
(Release of) provision for loan losses	1,348	2,838	1,618
Deductions:
Loans charged off	43	39	25
Less recoveries on loans	(3)	(8)	(40)
Net loans charged off	40	31	(15)
Balance at end of period	10,662	9,354	6,547
Installment and other consumer
Summary of the allowance for loan losses
Balance at beginning of period	264	381	334
Additions:
(Release of) provision for loan losses	145	35	138
Deductions:
Loans charged off	229	211	196
Less recoveries on loans	(76)	(59)	(105)
Net loans charged off	153	152	91
Balance at end of period	256	264	381
Un- allocated
Summary of the allowance for loan losses
Balance at beginning of period	7	80	199
Additions:
(Release of) provision for loan losses	54	(73)	(119)
Deductions:
Loans charged off	0	0	0
Less recoveries on loans	0	0	0
Net loans charged off	0	0	0
Balance at end of period	$ 61	$ 7	$ 80

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Impairment Methodology (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Allowance for loan losses:
Individually evaluated for impairment	$ 3,044	$ 5,113
Collectively evaluated for impairment	13,859	13,000
Total	16,903	18,113	$ 12,477	$ 11,652
Loans outstanding:
Individually evaluated for impairment	27,254	37,335
Collectively evaluated for impairment	1,274,879	1,249,632
Total	1,302,133	1,286,967
Commercial, Financial, and Agricultural
Allowance for loan losses:
Individually evaluated for impairment	42	2,187
Collectively evaluated for impairment	2,675	2,934
Total	2,717	5,121	2,918	3,237
Loans outstanding:
Individually evaluated for impairment	341	7,552
Collectively evaluated for impairment	216,873	265,366
Total	217,214	272,918
Real Estate Construction - Residential | Construction
Allowance for loan losses:
Individually evaluated for impairment	0	27
Collectively evaluated for impairment	137	186
Total	137	213	64	140
Loans outstanding:
Individually evaluated for impairment	0	192
Collectively evaluated for impairment	27,920	29,500
Total	27,920	29,692
Real Estate Construction - Residential | Mortgages
Allowance for loan losses:
Individually evaluated for impairment	166	263
Collectively evaluated for impairment	2,316	2,416
Total	2,482	2,679	2,118	2,071
Loans outstanding:
Individually evaluated for impairment	2,391	3,626
Collectively evaluated for impairment	276,955	258,713
Total	279,346	262,339
Real Estate Construction - Commercial | Construction
Allowance for loan losses:
Individually evaluated for impairment	13	28
Collectively evaluated for impairment	575	447
Total	588	475	369	757
Loans outstanding:
Individually evaluated for impairment	105	200
Collectively evaluated for impairment	91,264	77,944
Total	91,369	78,144
Real Estate Construction - Commercial | Mortgages
Allowance for loan losses:
Individually evaluated for impairment	2,815	2,594
Collectively evaluated for impairment	7,847	6,760
Total	10,662	9,354	6,547	4,914
Loans outstanding:
Individually evaluated for impairment	24,357	25,657
Collectively evaluated for impairment	638,899	591,476
Total	663,256	617,133
Installment and other consumer
Allowance for loan losses:
Individually evaluated for impairment	8	14
Collectively evaluated for impairment	248	250
Total	256	264	381	334
Loans outstanding:
Individually evaluated for impairment	60	108
Collectively evaluated for impairment	22,968	26,633
Total	23,028	26,741
Un- allocated
Allowance for loan losses:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	61	7
Total	61	7	$ 80	$ 199
Loans outstanding:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	0
Total	$ 0	$ 0

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Abstract]
Impaired loans individually evaluated for impairment	$ 27,254	$ 37,335
Impaired loans were evaluated based on the fair value of the loan's collateral	24,200	32,200
Individually evaluated for impairment	3,044	5,113
Impaired loans with no reserve allocation	$ 16,627	$ 11,946
Impaired loans required no reserve allocation, percentage (in percent)	61.00%	32.00%

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Categories of Impaired Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Categories of impaired loans
Non-Accrual	$ 25,459	$ 34,559
Performing TDRs	1,795	2,776
Total impaired loans	$ 27,254	$ 37,335

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Additional information about Impaired Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Impaired loans
Recorded Investment, With no related allowance recorded	$ 16,627	$ 11,946
Unpaid Principal Balance, With no related allowance recorded	17,209	12,069
Recorded Investment, With an allowance recorded	10,627	25,389
Unpaid Principal Balance, With an allowance recorded	11,445	26,308
Specific Reserves, With an allowance recorded	3,044	5,113
Total impaired loans	27,254	37,335
Total impaired loans, Unpaid Principal Balance	28,654	38,377
Commercial, Financial, and Agricultural
Impaired loans
Recorded Investment, With no related allowance recorded		1,703
Unpaid Principal Balance, With no related allowance recorded		1,731
Recorded Investment, With an allowance recorded	341	5,849
Unpaid Principal Balance, With an allowance recorded	374	6,180
Specific Reserves, With an allowance recorded	42	2,187
Real Estate Construction - Residential
Impaired loans
Recorded Investment, With no related allowance recorded	1,034	1,300
Unpaid Principal Balance, With no related allowance recorded	1,152	1,395
Recorded Investment, With an allowance recorded	1,357	2,326
Unpaid Principal Balance, With an allowance recorded	1,730	2,786
Specific Reserves, With an allowance recorded	166	263
Real Estate Construction - Residential | Construction
Impaired loans
Recorded Investment, With an allowance recorded		192
Unpaid Principal Balance, With an allowance recorded		192
Specific Reserves, With an allowance recorded		27
Real Estate Construction - Commercial
Impaired loans
Recorded Investment, With no related allowance recorded	15,593	8,943
Unpaid Principal Balance, With no related allowance recorded	16,057	8,943
Recorded Investment, With an allowance recorded	8,764	16,714
Unpaid Principal Balance, With an allowance recorded	9,142	16,787
Specific Reserves, With an allowance recorded	2,815	2,594
Real Estate Construction - Commercial | Construction
Impaired loans
Recorded Investment, With an allowance recorded	105	200
Unpaid Principal Balance, With an allowance recorded	138	251
Specific Reserves, With an allowance recorded	13	28
Installment and other consumer
Impaired loans
Recorded Investment, With an allowance recorded	60	108
Unpaid Principal Balance, With an allowance recorded	61	112
Specific Reserves, With an allowance recorded	$ 8	$ 14

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - Average Recorded Investment and Interest Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
With no related allowance recorded:
Average Recorded Investment	$ 20,863	$ 6,464
Interest Recognized For the Period Ended	74	185
With an allowance recorded:
Average Recorded Investment	11,204	10,317
Interest Recognized For the Period Ended	91	123
Total average recorded investment	32,067	16,781
Total interest income recognized For the Period Ended	165	308
Commercial, Financial, and Agricultural
With no related allowance recorded:
Average Recorded Investment	5,063	1,629
Interest Recognized For the Period Ended	35	144
With an allowance recorded:
Average Recorded Investment	357	2,395
Interest Recognized For the Period Ended	21	48
Real Estate Construction - Commercial
With no related allowance recorded:
Average Recorded Investment	14,639	2,975
Interest Recognized For the Period Ended	1	13
With an allowance recorded:
Average Recorded Investment	8,974	4,830
Interest Recognized For the Period Ended	31	22
Real Estate Construction - Commercial | Construction
With no related allowance recorded:
Average Recorded Investment	0	162
Interest Recognized For the Period Ended	0	0
With an allowance recorded:
Average Recorded Investment	131	367
Interest Recognized For the Period Ended	0	0
Real Estate Construction - Residential
With no related allowance recorded:
Average Recorded Investment	1,142	1,692
Interest Recognized For the Period Ended	38	28
With an allowance recorded:
Average Recorded Investment	1,652	2,564
Interest Recognized For the Period Ended	35	45
Real Estate Construction - Residential | Construction
With an allowance recorded:
Average Recorded Investment	47	48
Interest Recognized For the Period Ended	0	0
Installment and other consumer
With no related allowance recorded:
Average Recorded Investment	19	6
Interest Recognized For the Period Ended	0	0
With an allowance recorded:
Average Recorded Investment	43	113
Interest Recognized For the Period Ended	$ 4	$ 8

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses - Past Due and Non-accrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Aging information for the Company's past due and non-accrual loans
Loans held for investment	$ 1,302,133	$ 1,286,967
90 Days Past Due And Still Accruing	14	17
Non-Accrual	25,459	34,559
Loan modifications	25,459	34,559
Loan Modifications under CARES Act
Aging information for the Company's past due and non-accrual loans
Non-Accrual	0	29,500
Loan modifications	0	29,500
Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	1,275,604	1,251,344
30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	1,056	1,047
Commercial, Financial, and Agricultural
Aging information for the Company's past due and non-accrual loans
Loans held for investment	217,214	272,918
90 Days Past Due And Still Accruing	0	0
Non-Accrual	153	6,717
Loan modifications	153	6,717
Commercial, Financial, and Agricultural | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	217,058	265,821
Commercial, Financial, and Agricultural | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	3	380
Real Estate Construction - Residential | Construction
Aging information for the Company's past due and non-accrual loans
Loans held for investment	27,920	29,692
90 Days Past Due And Still Accruing	0	0
Non-Accrual	0	192
Loan modifications	0	192
Real Estate Construction - Residential | Construction | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	27,920	29,500
Real Estate Construction - Residential | Construction | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	0	0
Real Estate Construction - Residential | Mortgages
Aging information for the Company's past due and non-accrual loans
Loans held for investment	279,346	262,339
90 Days Past Due And Still Accruing	14	0
Non-Accrual	1,129	2,105
Loan modifications	1,129	2,105
Real Estate Construction - Residential | Mortgages | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	277,532	259,688
Real Estate Construction - Residential | Mortgages | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	671	546
Real Estate Construction - Commercial | Construction
Aging information for the Company's past due and non-accrual loans
Loans held for investment	91,369	78,144
90 Days Past Due And Still Accruing	0	0
Non-Accrual	105	200
Loan modifications	105	200
Real Estate Construction - Commercial | Construction | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	91,264	77,944
Real Estate Construction - Commercial | Construction | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	0	0
Real Estate Construction - Commercial | Mortgages
Aging information for the Company's past due and non-accrual loans
Loans held for investment	663,256	617,133
90 Days Past Due And Still Accruing	0	0
Non-Accrual	24,029	25,314
Loan modifications	24,029	25,314
Real Estate Construction - Commercial | Mortgages | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	638,982	591,815
Real Estate Construction - Commercial | Mortgages | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	245	4
Installment and other consumer
Aging information for the Company's past due and non-accrual loans
Loans held for investment	23,028	26,741
90 Days Past Due And Still Accruing	0	17
Non-Accrual	43	31
Loan modifications	43	31
Installment and other consumer | Current or Less Than 30 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	22,848	26,576
Installment and other consumer | 30 - 89 Days Past Due
Aging information for the Company's past due and non-accrual loans
Loans held for investment	$ 137	$ 117

Loans and Allowance for Loan_13

Loans and Allowance for Loan Losses - Credit Quality (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	$ 1,302,133	$ 1,286,967
Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	69,056	103,771
Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	12,012	3,262
Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	1,795	2,776
Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	25,459	34,559
Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	108,322	144,368
Commercial, Financial, and Agricultural
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	217,214	272,918
Commercial, Financial, and Agricultural | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	9,219	9,649
Commercial, Financial, and Agricultural | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	6,284	598
Commercial, Financial, and Agricultural | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	188	835
Commercial, Financial, and Agricultural | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	153	6,717
Commercial, Financial, and Agricultural | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	15,844	17,799
Real Estate Construction - Residential | Construction
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	27,920	29,692
Real Estate Construction - Residential | Construction | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	545
Real Estate Construction - Residential | Construction | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Real Estate Construction - Residential | Construction | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Real Estate Construction - Residential | Construction | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	192
Real Estate Construction - Residential | Construction | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	737
Real Estate Construction - Residential | Mortgages
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	279,346	262,339
Real Estate Construction - Residential | Mortgages | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	12,185	15,835
Real Estate Construction - Residential | Mortgages | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	750	1,002
Real Estate Construction - Residential | Mortgages | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	1,262	1,521
Real Estate Construction - Residential | Mortgages | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	1,129	2,105
Real Estate Construction - Residential | Mortgages | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	15,326	20,463
Real Estate Construction - Commercial | Construction
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	91,369	78,144
Real Estate Construction - Commercial | Construction | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	4,304	10,806
Real Estate Construction - Commercial | Construction | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	2,673	0
Real Estate Construction - Commercial | Construction | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Real Estate Construction - Commercial | Construction | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	105	200
Real Estate Construction - Commercial | Construction | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	7,082	11,006
Real Estate Construction - Commercial | Mortgages
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	663,256	617,133
Real Estate Construction - Commercial | Mortgages | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	43,348	66,936
Real Estate Construction - Commercial | Mortgages | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	2,305	1,662
Real Estate Construction - Commercial | Mortgages | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	328	343
Real Estate Construction - Commercial | Mortgages | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	24,029	25,314
Real Estate Construction - Commercial | Mortgages | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	70,010	94,255
Installment and other consumer
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	23,028	26,741
Installment and other consumer | Watch
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Installment and other consumer | Substandard
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	0	0
Installment and other consumer | Performing TDRs
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	17	77
Installment and other consumer | Non-accrual loans
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	43	31
Installment and other consumer | Total
Credit quality of the loan portfolio using internal rating system reflecting management's risk assessment
Financing receivable	$ 60	$ 108

Loans and Allowance for Loan_14

Loans and Allowance for Loan Losses - TDRs and Loan Modifications (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)contract	Dec. 31, 2020USD ($)contract
Troubled Debt Restructurings
Troubled debt restructurings	$ 2,400	$ 3,700
Amount of specific reserves related to TDRs which were allocated to the allowance for loan losses	$ 200	$ 200
Loan Modifications under the CARES Act
Number of Contracts | contract	0	3
Pre- Modification	$ 0	$ 215
Post- Modification	$ 0	215
Number of contracts called for default and charged off | contract	0
Loans held for sale	$ 2,249	5,099
Loan Modifications under CARES Act
Loan Modifications under the CARES Act
Loan modifications amount		86,700
Borrowers making interest payments
Loan Modifications under the CARES Act
Loan modifications amount	$ 37,600
Full Deferral
Loan Modifications under the CARES Act
Loan modifications amount		44,000
Extended amortization
Loan Modifications under the CARES Act
Loan modifications amount		5,100
Primarily hotel
Loan Modifications under the CARES Act
Loan modifications amount		57,000
Franchise loans
Loan Modifications under the CARES Act
Loan modifications amount		$ 22,200
Real Estate Construction - Residential
Loan Modifications under the CARES Act
Number of Contracts | contract		2
Pre- Modification		$ 209
Post- Modification		$ 211
Real Estate Construction - Residential | Mortgages
Loan Modifications under the CARES Act
Number of Contracts | contract	0
Pre- Modification	$ 0
Post- Modification	$ 0
Installment and other consumer
Loan Modifications under the CARES Act
Number of Contracts | contract	0	1
Pre- Modification	$ 0	$ 6
Post- Modification	0	4
Performing TDRs
Troubled Debt Restructurings
Troubled debt restructurings	1,800	2,800
Non-performing TDRs - 90 days past due
Troubled Debt Restructurings
Troubled debt restructurings	$ 600	$ 900

Other Real Estate Acquired in_3

Other Real Estate Acquired in Settlement of Loans - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Summary of real estate and other assets acquired in settlement of loans
Total	$ 13,436	$ 14,905	$ 15,737
Less valuation allowance for other real estate owned	(2,911)	(2,614)	$ (2,956)	$ (3,002)
Total other real estate owned	10,525	12,291
Commercial
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	643	920
Real Estate Construction - Commercial | Construction
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	10,166	10,986
Real Estate Construction - Commercial | Mortgages
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	2,510	2,798
Real Estate Construction - Residential | Mortgages
Summary of real estate and other assets acquired in settlement of loans
Real estate acquired through foreclosure	$ 117	$ 201

Other Real Estate Acquired in_4

Other Real Estate Acquired in Settlement of Loans - Changes in Net Carrying Amount (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Schedule of real estate acquired in settlement of loans
Balance at beginning of period	$ 14,905	$ 15,737
Additions	723	73
Proceeds from sales	(1,551)	(516)
Charge-offs against the valuation allowance for other real estate owned, net	(668)	(347)
Donation		(266)
Net gain on sales	27	224
Total other real estate owned	13,436	14,905
Less valuation allowance for other real estate owned	(2,911)
Balance at end of period	$ 10,525	$ 12,291

Other Real Estate Acquired in_5

Other Real Estate Acquired in Settlement of Loans - Foreclosure (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Other Real Estate [Abstract]
Consumer mortgage loans in process of foreclosure	$ 0.2	$ 0.3

Other Real Estate Acquired in_6

Other Real Estate Acquired in Settlement of Loans - Valuation Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Summary of activity in valuation allowance for other real estate owned in settlement of loans
Balance, beginning of period	$ 2,614	$ 2,956	$ 3,002
Provision for other real estate owned	965	5	49
Charge-offs	(668)	(347)	(95)
Balance, end of period	$ 2,911	$ 2,614	$ 2,956

Investment Securities - Amortiz

Investment Securities - Amortized Costs, Gains and Losses, Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	$ 310,411	$ 193,785
Gross Unrealized Gains	2,964	4,570
Gross Unrealized Losses	(2,505)	(325)
Available-for-sale debt securities, at fair value	310,870	198,030
U.S. Treasury
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	3,909	2,772
Gross Unrealized Gains	11	26
Gross Unrealized Losses	(3)	0
Available-for-sale debt securities, at fair value	3,917	2,798
U.S. government and federal agency obligations
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	1,314	11,732
Gross Unrealized Gains	5	197
Gross Unrealized Losses	0	0
Available-for-sale debt securities, at fair value	1,319	11,929
U.S. government-sponsored enterprises
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	26,498	22,495
Gross Unrealized Gains	70	379
Gross Unrealized Losses	(196)	0
Available-for-sale debt securities, at fair value	26,372	22,874
Obligations of states and political subdivisions
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	128,093	56,943
Gross Unrealized Gains	1,605	1,801
Gross Unrealized Losses	(474)	0
Available-for-sale debt securities, at fair value	129,224	58,744
Mortgage-backed securities
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	137,286	88,357
Gross Unrealized Gains	791	1,809
Gross Unrealized Losses	(1,611)	(54)
Available-for-sale debt securities, at fair value	136,466	90,112
Other debt securities
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	11,825	10,000
Gross Unrealized Gains	482	358
Gross Unrealized Losses	(23)	(14)
Available-for-sale debt securities, at fair value	12,284	10,344
Bank issued trust preferred securities
Amortized cost, gross urealized gains and losses, and fair value of debt securities classified as available-for-sale
Total Amortized Cost	1,486	1,486
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(198)	(257)
Available-for-sale debt securities, at fair value	$ 1,288	$ 1,229

Investment Securities - Securit

Investment Securities - Securities Pledged (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Debt securities with carrying values, pledged	$ 275.4	$ 153.9

Investment Securities - Amort_2

Investment Securities - Amortized Cost and Fair Value by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Amortized Cost
Due in one year or less	$ 6,521
Due after one year through five years	21,885
Due after five years through ten years	35,056
Due after ten years	109,663
Total	173,125
Mortgage-backed securities	137,286
Total Amortized Cost	310,411	$ 193,785
Fair Value
Due in one year or less	6,540
Due after one year through five years	21,980
Due after five years through ten years	35,567
Due after ten years	110,317
Total	174,404
Mortgage-backed securities	136,466
Available-for-sale debt securities, at fair value	$ 310,870	$ 198,030

Investment Securities - Other S

Investment Securities - Other Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Other securities:
FHLB stock	$ 5,197	$ 6,170
MIB stock	151	151
Equity securities with readily determinable fair values	60	32
Total other investment securities	$ 5,408	$ 6,353

Investment Securities - Unreali

Investment Securities - Unrealized Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value
Less than 12 months	$ 152,605	$ 11,496
12 months or more	3,152	1,229
Total Fair Value	155,757	12,725
Unrealized Losses
Less than 12 months	(2,275)	(68)
12 months or more	(230)	(257)
Total Unrealized Losses	(2,505)	(325)
U.S. Treasury
Fair Value
Less than 12 months	1,758	1,015
12 months or more	0	0
Total Fair Value	1,758	1,015
Unrealized Losses
Less than 12 months	(3)	0
12 months or more	0	0
Total Unrealized Losses	(3)	0
U.S. government-sponsored enterprises
Fair Value
Less than 12 months	18,304
12 months or more	0
Total Fair Value	18,304
Unrealized Losses
Less than 12 months	(196)
12 months or more	0
Total Unrealized Losses	(196)
Obligations of states and political subdivisions
Fair Value
Less than 12 months	39,221
12 months or more	0
Total Fair Value	39,221
Unrealized Losses
Less than 12 months	(474)
12 months or more	0
Total Unrealized Losses	(474)
Mortgage-backed securities
Fair Value
Less than 12 months	89,520	7,494
12 months or more	1,864	0
Total Fair Value	91,384	7,494
Unrealized Losses
Less than 12 months	(1,579)	(54)
12 months or more	(32)	0
Total Unrealized Losses	(1,611)	(54)
Other debt securities
Fair Value
Less than 12 months	3,802	2,987
12 months or more	0	0
Total Fair Value	3,802	2,987
Unrealized Losses
Less than 12 months	(23)	(14)
12 months or more	0	0
Total Unrealized Losses	(23)	(14)
Bank issued trust preferred securities
Fair Value
Less than 12 months	0	0
12 months or more	1,288	1,229
Total Fair Value	1,288	1,229
Unrealized Losses
Less than 12 months	0	0
12 months or more	(198)	(257)
Total Unrealized Losses	$ (198)	$ (257)

Investment Securities - Other (

Investment Securities - Other (Details) $ in Thousands	Dec. 31, 2021USD ($)security	Dec. 31, 2020USD ($)security
Investments, Debt and Equity Securities [Abstract]
Number of securities consisted in portfolio | security	435	308
Number of securities in loss position | security	134	10
Aggregate fair value of securities in loss position	$ 155,757	$ 12,725
Loss position for 12 months or longer	3,152	1,229
Aggregate unrealized loss included in accumulated other comprehensive income (loss)	$ 2,505	$ 325

Investment Securities - Compone

Investment Securities - Components of Investment Securities Gains and Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Available for sale securities:
Gains realized on sales	$ 122	$ 49	$ 6
Losses realized on sales	0	(8)	(46)
Other-than-temporary impairment recognized	0	0	0
Other investment securities:
Fair value adjustments, net	27	20	0
Investment securities gains (losses), net	$ 149	$ 61	$ (40)

Premises and Equipment - Summar

Premises and Equipment - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment
Total	$ 60,972	$ 61,404
Less accumulated depreciation	28,253	26,843
Premises and equipment, net	32,719	34,561
Land and land improvements
Property, Plant and Equipment
Total	9,481	9,452
Buildings and improvements
Property, Plant and Equipment
Total	35,688	35,520
Furniture and equipment
Property, Plant and Equipment
Total	13,183	13,570
Operating leases - right of use asset
Property, Plant and Equipment
Total	2,538	2,594
Construction in progress
Property, Plant and Equipment
Total	$ 82	$ 268

Premises and Equipment - Deprec

Premises and Equipment - Depreciation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 2,283	$ 2,265	$ 2,062

Intangible Assets - Mortgage Se

Intangible Assets - Mortgage Servicing Rights (Details) - Mortgage servicing rights - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Mortgage Servicing Rights
Mortgage loans serviced for others	$ 270	$ 292.7	$ 271.4
Mortgage loan servicing fees reported as non-interest income	$ 0.8	$ 0.9	$ 0.8

Intangible Assets - Changes in

Intangible Assets - Changes in Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Changes in mortgage servicing rights
Balance at beginning of period	$ 2,445
Changes in fair value:
Balance at end of period	2,659	$ 2,445
Mortgage servicing rights
Changes in mortgage servicing rights
Balance at beginning of period	2,445	2,482	$ 2,931
Originated mortgage servicing rights	400	866	290
Changes in fair value:
Due to changes in model inputs and assumptions	258	(422)	(434)
Other changes in fair value	(444)	(481)	(305)
Total changes in fair value	(186)	(903)	(739)
Balance at end of period	$ 2,659	$ 2,445	$ 2,482

Intangible Assets - FV Assumpti

Intangible Assets - FV Assumptions (Details) - Mortgage servicing rights	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Assumptions used in estimating the fair value of mortgage service rights
Weighted average constant prepayment rate	10.65%	15.74%
Weighted average note rate	3.37%	3.55%
Weighted average discount rate	8.00%	7.75%
Weighted average expected life (in years)	6 years 1 month 6 days	4 years 9 months 18 days

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
Time deposits with balances exceeded FDIC insurance limit of $250,000	$ 69.1	$ 91.3
Brokered deposits	20.2	40.2
Average compensating balances	$ 1.9	$ 1.5

Deposits - Maturities (Details)

Deposits - Maturities (Details) $ in Thousands	Dec. 31, 2021USD ($)
Due within:
2022	$ 194,932
2023	43,530
2024	4,020
2025	1,347
2026	1,567
Thereafter	0
Total	$ 245,396

Federal funds purchased and s_3

Federal funds purchased and securities sold under agreements to repurchase - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]
Securities Sold under Agreements to Repurchase	$ 23,829	$ 45,154
Total	$ 23,829	$ 45,154

Federal funds purchased and s_4

Federal funds purchased and securities sold under agreements to repurchase - Federal Funds and Repurchase Agreements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Federal funds purchased and securities sold under agreements to repurchase
Average Balance Outstanding	$ 34,449	$ 34,026
Maximum Outstanding at any Month End	55,942	45,154
Balance at December 31,	$ 23,829	$ 45,154
Federal funds purchased
Federal funds purchased and securities sold under agreements to repurchase
Year End Weighted Rate (as a percent)	0.43%	0.36%
Average Weighted Rate (as a percent)	0.34%	0.26%
Average Balance Outstanding	$ 1	$ 0
Maximum Outstanding at any Month End	0	0
Balance at December 31,	$ 0	$ 0
Bank | Short-term repurchase agreements - Bank
Federal funds purchased and securities sold under agreements to repurchase
Year End Weighted Rate (as a percent)	0.27%	0.24%
Average Weighted Rate (as a percent)	0.25%	0.43%
Average Balance Outstanding	$ 34,448	$ 34,026
Maximum Outstanding at any Month End	55,942	45,154
Balance at December 31,	$ 23,829	$ 45,154

Federal funds purchased and s_5

Federal funds purchased and securities sold under agreements to repurchase - Secured and Unsecured (Details) - Federal funds purchased $ in Millions	Dec. 31, 2021USD ($)
Federal funds purchased and securities sold under agreements to repurchase
Maximum borrowing capacity of federal funds on unsecured basis	$ 60
Maximum borrowing capacity of federal funds on secured basis	$ 10.4

Federal funds purchased and s_6

Federal funds purchased and securities sold under agreements to repurchase - Repurchase Agreements - Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	$ 23,829	$ 45,154
U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	9,113	15,533
Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	14,716	26,893
U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase		2,728
Overnight and continuous
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	23,829	45,154
Overnight and continuous | U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	9,113	15,533
Overnight and continuous | Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	14,716	26,893
Overnight and continuous | U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase		2,728
Less than 90 days
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	0	0
Less than 90 days | U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	0	0
Less than 90 days | Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	0	0
Less than 90 days | U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase		0
Greater than 90 days
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	0	0
Greater than 90 days | U.S. government-sponsored enterprises
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	0	0
Greater than 90 days | Mortgage-backed securities
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase	$ 0	0
Greater than 90 days | U.S. government and federal agency obligations
Federal funds purchased and securities sold under agreements to repurchase
Securities sold under agreements to repurchase		$ 0

Leases - Other (Details)

Leases - Other (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Leases
Operating right-of-use assets	$ 1,800
Operating lease liabilities	$ 1,837	$ 2,137
Weighted-average remaining lease term (in years)	6 years 6 months
Weighted-average discount rate (as a percent)	4.00%
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Premises and equipment - net
Operating lease cost	$ 400	300
Short-term operating lease expense	$ 100	$ 100
Minimum
Leases
Remaining lease terms (in years)	1 year
Maximum
Leases
Remaining lease terms (in years)	10 years

Leases - Maturities of remainin

Leases - Maturities of remaining operating lease liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Operating Lease
2022	$ 368
2023	366
2024	258
2025	257
2026	259
Thereafter	571
Total lease payments	2,079
Less imputed interest	(242)
Total lease liabilities, as reported	$ 1,837	$ 2,137

Borrowings - FHLB and Other (De

Borrowings - FHLB and Other (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Borrowings
Total Bank	$ 77,418	$ 106,674
Year End Balance - Total Company	49,486	49,486
Bank
Borrowings
Total Bank	77,400
Maximum additional borrowing amount under agreement with FHLB	165,100
FHLB advances | Bank
Borrowings
2021	0	29,242
2022	9,418	9,418
2023	11,000	11,000
2024	11,000	11,000
2025	15,000	15,000
2026	13,000	13,000
Thereafter	$ 18,000	$ 18,000
2021 (in percent)	0.00%	2.54%
2022 (in percent)	1.33%	1.33%
2023 (in percent)	1.05%	1.05%
2024 (in percent)	1.17%	1.17%
2025 (in percent)	1.17%	1.17%
2026 (in percent)	0.0109	0.0109
Thereafter (in percent)	0.0179	0.0179
Other borrowings
Borrowings
Year End Balance - Other borrowings	$ 0	$ 14
Year End Weighted Rate (in percent)	0.00%	4.00%
Subordinated notes due 2034
Borrowings
Year End Balance - Total Company	$ 25,774	$ 25,774
Year End Weighted Rate (in percent)	2.92%	2.93%
Subordinated notes due 2035
Borrowings
Year End Balance - Total Company	$ 23,712	$ 23,712
Year End Weighted Rate (in percent)	2.05%	2.06%

Borrowings - Trust Preferred Se

Borrowings - Trust Preferred Securities (Details) - USD ($) $ in Thousands	Mar. 17, 2005	Mar. 17, 2004	Dec. 31, 2021	Dec. 31, 2020
Borrowings
Investment in common securities of the trust			$ 1,300	$ 1,200
Subordinated notes			$ 49,486	$ 49,486
Exchange Statutory Trust II
Borrowings
Trust preferred securities issued floating rate Trust Preferred Securities (TPS) to a TPS Pool	$ 23,000
Basis spread on variable rate (in percent)			1.83%
Period of time after issuance in which TPS can be repaid without penalty	5 years
Investment in common securities of the trust	$ 700
Investment in preferred interests of the trust by a third party during the period	$ 23,000
Exchange Statutory Trust I
Borrowings
Trust preferred securities issued floating rate Trust Preferred Securities (TPS) to a TPS Pool		$ 25,000
Basis spread on variable rate (in percent)		2.70%
Investment in common securities of the trust		$ 800
Investment in preferred interests of the trust by a third party during the period		$ 25,000
Minimum duration of time needs to complete to take action against default			5 years

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current:
Federal	$ 5,351	$ 4,268	$ 3,830
State	630	0	0
Total current	5,981	4,268	3,830
Deferred:
Federal	(284)	(1,085)	(7)
State	0	0	0
Total deferred	(284)	(1,085)	(7)
Total income tax expense	$ 5,697	$ 3,183	$ 3,823

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Effective Income Tax Rate Reconciliation, Amount
Income before provision for income tax expense	$ 28,214	$ 17,476	$ 19,937
Tax at statutory federal income tax rate	5,925	3,670	4,187
Tax-exempt income, net	(733)	(487)	(408)
State income tax, net of federal tax benefit	498	0	0
Other, net	7	0	44
Total income tax expense	$ 5,697	$ 3,183	$ 3,823
Effective Income Tax Rate Reconciliation, Percent
Tax at statutory federal income tax rate (in percent)	21.00%	21.00%	21.00%
Tax-exempt income, net (in percent)	(2.60%)	(2.79%)	(2.04%)
State income tax, net of federal tax benefit (in percent)	1.76%	0.00%	0.00%
Other, net (in percent)	0.03%	0.00%	0.22%
Provision for income tax expense (in percent)	20.19%	18.21%	19.18%

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Tax Credit Carryforward [Line Items]
Federal corporate income tax rate (in percent)	20.19%	18.21%	19.18%
Federal corporate income tax rate (in percent)	21.00%	21.00%	21.00%
Benefit from investment tax credit	$ 25
Tax benefit to be generated over the life of the project	321
Current tax expense (benefit)	5,981	$ 4,268	$ 3,830
Deferred income	284	1,085	7
Income tax benefit	(5,697)	$ (3,183)	$ (3,823)
Investment Tax Credit Carryforward
Tax Credit Carryforward [Line Items]
Current tax expense (benefit)	(4,000)
Deferred income	289
Deferred tax liability	7
Income tax benefit	25
Write-off of Investment
Tax Credit Carryforward [Line Items]
Current tax expense (benefit)	$ 3,700

Income Taxes - Deferred Taxes (

Income Taxes - Deferred Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
Allowance for loan losses	$ 2,961	$ 2,927
Pension	262	1,233
Other real estate owned	611	550
Deferred loan fees	401	563
Lease liability	386	449
Intangible assets	20	22
Accrued / deferred compensation	581	530
Other	392	368
Total deferred tax assets	5,614	6,642
Deferred tax liabilities:
Premises and equipment	428	553
Mortgage servicing rights	558	514
Deferred loan costs	327	288
Right-of-use asset	378	443
Prepaid expenses	409	359
Securities	117	900
Other	5	8
Total deferred tax liabilities	2,222	3,065
Net deferred tax assets	$ 3,392	$ 3,577

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss)
Balance	$ 130,589	$ 115,038	$ 99,414
Other comprehensive income, before reclassifications		4,529
Amounts reclassified from accumulated other comprehensive income (loss)	5,557	2,159
Other comprehensive income (loss), before tax	2,234	6,688
Income tax (expense) benefit	(469)	(1,405)
Total other comprehensive income	1,765	5,283	2,344
Balance	148,956	130,589	115,038
Unrealized Income (Loss) on Securities
Accumulated Other Comprehensive Income (Loss)
Balance	3,353	(23)
Other comprehensive income, before reclassifications	(3,690)	4,315
Amounts reclassified from accumulated other comprehensive income (loss)	(96)	(41)
Other comprehensive income (loss), before tax	(3,786)	4,274
Income tax (expense) benefit	795	(898)
Total other comprehensive income	(2,991)	3,376
Balance	362	3,353	(23)
Unrecognized Net Pension and Postretirement Costs
Accumulated Other Comprehensive Income (Loss)
Balance	(1,825)	(3,732)
Other comprehensive income, before reclassifications	367	214
Amounts reclassified from accumulated other comprehensive income (loss)	5,653	2,200
Other comprehensive income (loss), before tax	6,020	2,414
Income tax (expense) benefit	(1,264)	(507)
Total other comprehensive income	4,756	1,907
Balance	2,931	(1,825)	(3,732)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Balance	1,528	(3,755)	(6,099)
Other comprehensive income, before reclassifications	(3,323)
Total other comprehensive income	1,765	5,283	2,344
Balance	$ 3,293	$ 1,528	$ (3,755)

Employee Benefit Plans - Expens

Employee Benefit Plans - Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Summary of employee benefits charged to operating expenses
Payroll taxes	$ 1,403	$ 1,273	$ 1,112
Medical plans	1,860	1,854	1,826
401(k) match and profit sharing	1,829	1,586	1,290
Periodic pension cost	1,796	1,614	1,430
Other	52	59	63
Total employee benefits	$ 6,940	$ 6,386	$ 5,721

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) - USD ($) $ in Thousands	Mar. 22, 2021	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure
401(k) plan, percentage of employer match (in percent)		3.00%
401(k) plan, maximum percentage contribution by employer (in percent)		6.00%
Employer contribution	$ 1,000	$ 1,000	$ 500
SERP
Defined Benefit Plan Disclosure
SERP, accrued liability		1,300
SERP, accrued expense		$ 400	$ 300

Employee Benefit Plans - Change

Employee Benefit Plans - Change in PBO (Details) - USD ($) $ in Thousands	Mar. 22, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Change in projected benefit obligation:
Balance, January 1		$ 36,957	$ 34,009
Service cost		1,692	1,614	$ 1,430
Interest cost		1,072	1,127	1,169
Actuarial loss		(232)	933
Benefits paid		(828)	(726)
Balance, December 31,		38,661	36,957	34,009
Change in plan assets:
Fair value, January 1		30,084	25,689
Actual return on plan assets		7,278	4,725
Employer contribution	$ 1,000	1,000	500
Expenses paid		(118)	(104)
Benefits paid		(828)	(726)
Fair value, December 31,		37,416	30,084	$ 25,689
Funded status at end of year		(1,245)	(6,873)
Accumulated benefit obligation		30,690	30,156
Amounts recognized in the statement of financial position consist of the following:
Noncurrent assets		0	0
Current liabilities		0	0
Noncurrent liabilities		(1,245)	(6,873)
Net liability at end of year		$ (1,245)	$ (6,873)

Employee Benefit Plans - Net Pe

Employee Benefit Plans - Net Pension Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Components of net pension cost
Service cost - benefits earned during the year	$ 1,692	$ 1,614	$ 1,430
Interest costs on projected benefit obligations	1,072	1,127	1,169
Expected return on plan assets	(1,843)	(1,598)	(1,467)
Expected administrative expenses	104	110	122
Amortization of prior service cost	0	50	79
Amortization of unrecognized net loss	367	164	0
Net periodic pension cost	$ 1,392	$ 1,467	$ 1,333

Employee Benefit Plans - Accumu

Employee Benefit Plans - Accumulated and Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Prior service costs	$ 0	$ 0
Net accumulated actuarial net loss	3,710	(2,311)
Accumulated other comprehensive loss	3,710	(2,311)
Net periodic benefit cost in excess of cumulative employer contributions	(4,955)	(4,562)
Net liability at end of year	(1,245)	(6,873)
Net actuarial gain (loss) arising during period	5,653	2,200
Prior service cost amortization	0	50
Amortization of net actuarial loss	367	164
Total recognized in other comprehensive income (loss)	6,020	2,414
Total recognized in net periodic pension cost and other comprehensive (loss) income	$ (4,628)	$ (947)

Employee Benefit Plans - Assump

Employee Benefit Plans - Assumptions (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Determination of benefit obligation at year end:
Discount rate (in percent)	3.10%	2.80%	3.45%
Annual rate of compensation increase (in percent)	4.50%	4.50%	4.00%
Determination of pension expense for year ended:
Discount rate for the service cost (in percent)	2.80%	3.45%	4.40%
Annual rate of compensation increase (in percent)	4.00%	4.00%	4.00%
Expected long-term rate of return on plan assets (in percent)	6.75%	6.75%	6.75%

Employee Benefit Plans - Annual

Employee Benefit Plans - Annual returns on plan assets, expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Retirement Benefits [Abstract]
Expected long-term rate of return on plan assets (in percent)	6.75%	6.75%	6.75%
Annual returns on plan assets (in percent)	16.70%	19.70%	25.80%	(6.20%)	17.40%
Defined benefit, expected expense in next fiscal year	$ 0.7
Defined benefit, expected expense current fiscal year		$ 1.4

Employee Benefit Plans - FV of

Employee Benefit Plans - FV of Plan Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Fair Value	$ 37,416	$ 30,084	$ 25,689
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	37,113	29,773
Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	303	311
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair Value	1,449	666
Cash equivalents | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	1,449	666
Cash equivalents | Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Cash equivalents | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Fair Value	303	311
Corporate bonds | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Corporate bonds | Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	303	311
Corporate bonds | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Fair Value	1,774	1,473
Equity securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	1,774	1,473
Equity securities | Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Equity securities | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Fair Value	33,890	27,634
Mutual funds | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	33,890	27,634
Mutual funds | Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	0	0
Mutual funds | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair Value	$ 0	$ 0

Employee Benefit Plans - Future

Employee Benefit Plans - Future Benefit Payments (Details) $ in Thousands	Dec. 31, 2021USD ($)
Pension benefits
2022	$ 1,017
2023	1,045
2024	1,048
2025	1,116
2026	1,203
2027 to 2030	$ 8,353

Earnings per Share - Stock Divi

Earnings per Share - Stock Dividend (Details)	Jul. 01, 2021
Earnings Per Share [Abstract]
Special stock dividend, rate percent (in percent)	4.00%

Earnings per Share - Components

Earnings per Share - Components (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Basic earnings per share:
Net income available to shareholders	$ 22,517	$ 14,293	$ 16,114
Average shares outstanding (in shares)	6,617,072	6,744,299	6,780,183
Basic earnings per share (in dollars per share)	$ 3.40	$ 2.12	$ 2.38
Diluted earnings per share:
Net income available to shareholders	$ 22,517	$ 14,293	$ 16,114
Average shares outstanding (in shares)	6,617,072	6,744,299	6,780,183
Diluted earnings per share (in dollars per share)	$ 3.40	$ 2.12	$ 2.38

Earnings per Share - Repurchase

Earnings per Share - Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Jun. 30, 2021	Dec. 31, 2019
Earnings Per Share
Stock repurchased		$ 2,148	$ 906
Repurchase Program
Earnings Per Share
Value of shares authorized for repurchase				$ 5,000	$ 5,000
Stock repurchased (in shares)	117,632
Stock repurchased (in dollars per share)	$ 18.26
Stock repurchased	$ 2,100
Share repurchase pursuant		$ 5,000

Capital Requirements (Details)

Capital Requirements (Details) $ in Thousands	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
The actual and required capital amounts and ratios for the Company and the Bank
Total capital (to risk-weighted assets), Actual Amount	$ 210,726	$ 193,220
Total capital (to risk-weighted assets), Actual Ratio (in percent)	14.79	14.97
Total capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 149,640	$ 135,518
Total capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	10.50	10.50
Total capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Amount	$ 0	$ 0
Tier I capital (to risk-weighted assets), Actual Amount	$ 193,663	$ 172,591
Tier I capital (to risk-weighted assets), Actual, Ratio (in percent)	13.59	13.37
Tier I capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 121,137	$ 109,705
Tier I capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	8.50	8.50
Tier I capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Amount	$ 0	$ 0
Common Equity Tier I Capital (to risk-weighted assets), Actual Amount	$ 145,663	$ 129,061
Common Equity Tier I Capital (to risk-weighted assets), Actual Ratio (in percent)	10.22	10
Common Equity Tier I Capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 99,760	$ 90,345
Common Equity Tier I Capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	700.00%	700.00%
Common Equity Tier I Capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Amount	$ 0	$ 0
Tier I Leverage Ratio (to adjusted average assets), Actual Amount	$ 193,663	$ 172,591
Tier I Leverage Ratio (to adjusted average assets), Actual Ratio (in percent)	11.01	10.19
Tier I Leverage Ratio (to adjusted average assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 70,342	$ 67,724
Tier I Leverage Ratio (to adjusted average assets) Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	4	4
Tier I Leverage Ratio (to adjusted average assets), Required to be Considered Well-Capitalized, Amount	$ 0	$ 0
Bank
The actual and required capital amounts and ratios for the Company and the Bank
Total capital (to risk-weighted assets), Actual Amount	$ 210,148	$ 191,504
Total capital (to risk-weighted assets), Actual Ratio (in percent)	14.78	14.87
Total capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 149,339	$ 135,186
Total capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	10.50	10.50
Total capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Amount	$ 142,228	$ 128,748
Total capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Ratio (in percent)	10	10
Tier I capital (to risk-weighted assets), Actual Amount	$ 193,085	$ 175,384
Tier I capital (to risk-weighted assets), Actual, Ratio (in percent)	13.58	13.62
Tier I capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 120,894	$ 109,436
Tier I capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	8.50	8.50
Tier I capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Amount	$ 113,782	$ 102,999
Tier I capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Ratio (as a percent)	8	8
Common Equity Tier I Capital (to risk-weighted assets), Actual Amount	$ 193,085	$ 175,384
Common Equity Tier I Capital (to risk-weighted assets), Actual Ratio (in percent)	13.58	13.62
Common Equity Tier I Capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 99,559	$ 90,124
Common Equity Tier I Capital (to risk-weighted assets), Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	700.00%	700.00%
Common Equity Tier I Capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Amount	$ 92,448	$ 83,686
Common Equity Tier I Capital (to risk-weighted assets), Required to be Considered Well-Capitalized, Ratio (as a percent)	700.00%	700.00%
Tier I Leverage Ratio (to adjusted average assets), Actual Amount	$ 193,085	$ 175,384
Tier I Leverage Ratio (to adjusted average assets), Actual Ratio (in percent)	11.04	10.41
Tier I Leverage Ratio (to adjusted average assets), Minimum Capital Required Basel III Fully Phased-In, Amount	$ 69,959	$ 67,394
Tier I Leverage Ratio (to adjusted average assets) Minimum Capital Required Basel III Fully Phased-In, Ratio (in percent)	4	4
Tier I Leverage Ratio (to adjusted average assets), Required to be Considered Well-Capitalized, Amount	$ 87,449	$ 84,243
Tier I Leverage Ratio (to adjusted average assets), Required to be Considered Well-Capitalized, Ratio (in percent)	5	5

Fair Value Measurements - Mortg

Fair Value Measurements - Mortgage Servicing Rights - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets:
Available for sale debt securities, fair value	$ 310,870	$ 198,030
Loans held for sale	2,249	5,099
Mortgage servicing rights	2,659	2,445
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Available for sale debt securities, fair value	3,917	2,798
Loans held for sale	0	0
Total	175,700	199,209
Liabilities:
Total	1,295,535	1,152,291
Other Observable Inputs (Level 2)
Assets:
Available for sale debt securities, fair value	306,953	195,232
Loans held for sale	2,249	5,279
Total	317,071	209,283
Liabilities:
Total	121,060	151,050
Significant Unobservable Inputs (Level 3)
Assets:
Available for sale debt securities, fair value	0	0
Loans held for sale	0	0
Total	1,308,851	1,288,677
Liabilities:
Total	246,051	279,569
Recurring
Assets:
Loans held for sale	2,249
Mortgage servicing rights	2,659
Total	316,162	200,507
Liabilities:
Total	26
Recurring | U.S. Treasury
Assets:
Available for sale debt securities, fair value	3,917	2,798
Recurring | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	1,319	11,929
Recurring | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	26,372	22,874
Recurring | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	129,224	58,744
Recurring | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	136,466	90,112
Recurring | Other debt securities
Assets:
Available for sale debt securities, fair value	12,284	10,344
Recurring | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	1,288	1,229
Recurring | Equity securities
Assets:
Available for sale debt securities, fair value	60	32
Recurring | Interest rate lock commitments
Assets:
Commitments	312
Liabilities:
Total	26
Recurring | Forward sale commitments
Assets:
Commitments	12
Recurring | Mortgage servicing rights
Assets:
Mortgage servicing rights		2,445
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Loans held for sale	0
Mortgage servicing rights	0
Total	3,977	2,830
Liabilities:
Total	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury
Assets:
Available for sale debt securities, fair value	3,917	2,798
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other debt securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Equity securities
Assets:
Available for sale debt securities, fair value	60	32
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest rate lock commitments
Assets:
Commitments	0
Liabilities:
Total	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Forward sale commitments
Assets:
Commitments	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage servicing rights
Assets:
Mortgage servicing rights		0
Recurring | Other Observable Inputs (Level 2)
Assets:
Loans held for sale	2,249
Mortgage servicing rights	0
Total	309,214	195,232
Liabilities:
Total	0
Recurring | Other Observable Inputs (Level 2) | U.S. Treasury
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Other Observable Inputs (Level 2) | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	1,319	11,929
Recurring | Other Observable Inputs (Level 2) | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	26,372	22,874
Recurring | Other Observable Inputs (Level 2) | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	129,224	58,744
Recurring | Other Observable Inputs (Level 2) | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	136,466	90,112
Recurring | Other Observable Inputs (Level 2) | Other debt securities
Assets:
Available for sale debt securities, fair value	12,284	10,344
Recurring | Other Observable Inputs (Level 2) | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	1,288	1,229
Recurring | Other Observable Inputs (Level 2) | Equity securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Other Observable Inputs (Level 2) | Interest rate lock commitments
Assets:
Commitments	0
Liabilities:
Total	0
Recurring | Other Observable Inputs (Level 2) | Forward sale commitments
Assets:
Commitments	12
Recurring | Other Observable Inputs (Level 2) | Mortgage servicing rights
Assets:
Mortgage servicing rights		0
Recurring | Significant Unobservable Inputs (Level 3)
Assets:
Loans held for sale	0
Mortgage servicing rights	2,659
Total	2,971	2,445
Liabilities:
Total	26
Recurring | Significant Unobservable Inputs (Level 3) | U.S. Treasury
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | U.S. government and federal agency obligations
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | U.S. government-sponsored enterprises
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Obligations of states and political subdivisions
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-backed securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Other debt securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Bank issued trust preferred securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Equity securities
Assets:
Available for sale debt securities, fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Interest rate lock commitments
Assets:
Commitments	312
Liabilities:
Total	26
Recurring | Significant Unobservable Inputs (Level 3) | Forward sale commitments
Assets:
Commitments	$ 0
Recurring | Significant Unobservable Inputs (Level 3) | Mortgage servicing rights
Assets:
Mortgage servicing rights		$ 2,445

Fair Value Measurements - Mor_2

Fair Value Measurements - Mortgage Servicing Rights - Level 3 (Details) - Recurring - Significant Unobservable Inputs (Level 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Mortgage servicing rights
Fair value of assets
Balance at beginning of period	$ 2,445	$ 2,482
Included in earnings	(186)	(903)
Included in other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Issues	400	866
Settlements	0	0
Balance at end of period	2,659	2,445
Interest rate lock commitments
Fair value of assets
Balance at beginning of period	0	0
Included in earnings	0	0
Included in other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Issues	286	0
Settlements	0	0
Balance at end of period	$ 286	$ 0

Fair Value Measurements - Mor_3

Fair Value Measurements - Mortgage Servicing Rights - Other (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair Value Measurements
Impaired loans with a specific allowance	$ 10,627	$ 25,389
Specific allowance related to impaired loans	3,044	5,113
Collateral dependent impaired loans
Fair Value Measurements
Specific allowance related to impaired loans	2,800	4,700
Collateral dependent impaired loans
Fair Value Measurements
Impaired loans with a specific allowance	24,200	32,200
Impaired financing receivable charge offs	$ 100	$ 200

Fair Value Measurements - Other

Fair Value Measurements - Other Real Estate Owned and Repossessed Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Significant Unobservable Inputs (Level 3) | Fair value | Installment and other consumer
Fair Value Measurements
Impaired loans	$ 0
Nonrecurring | Fair value
Fair Value Measurements
Impaired loans	21,397	$ 27,503
Other real estate and repossessed assets	10,525	12,291
Nonrecurring | Fair value | Commercial, Financial, and Agricultural
Fair Value Measurements
Impaired loans	0	4,505
Nonrecurring | Fair value | Real Estate Construction - Residential | Mortgages
Fair Value Measurements
Impaired loans	264	417
Nonrecurring | Fair value | Real Estate Construction - Commercial | Mortgages
Fair Value Measurements
Impaired loans	21,133	22,581
Nonrecurring | Fair value | Installment and other consumer
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Total Gains (Losses)
Fair Value Measurements
Gains (losses) on impaired loans	(118)	(164)
Gains (losses) on other real estate owned and repossessed assets	(935)	219
Nonrecurring | Total Gains (Losses) | Commercial, Financial, and Agricultural
Fair Value Measurements
Gains (losses) on impaired loans	(46)	(52)
Nonrecurring | Total Gains (Losses) | Real Estate Construction - Residential | Mortgages
Fair Value Measurements
Gains (losses) on impaired loans	(22)	(52)
Nonrecurring | Total Gains (Losses) | Real Estate Construction - Commercial | Mortgages
Fair Value Measurements
Gains (losses) on impaired loans	(43)	(39)
Nonrecurring | Total Gains (Losses) | Installment and other consumer
Fair Value Measurements
Gains (losses) on impaired loans	(7)	(21)
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value
Fair Value Measurements
Impaired loans	0	0
Other real estate and repossessed assets	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value | Commercial, Financial, and Agricultural
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value | Real Estate Construction - Residential | Mortgages
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value | Real Estate Construction - Commercial | Mortgages
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair value | Installment and other consumer
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Other Observable Inputs (Level 2) | Fair value
Fair Value Measurements
Impaired loans	0	0
Other real estate and repossessed assets	0	0
Nonrecurring | Other Observable Inputs (Level 2) | Fair value | Commercial, Financial, and Agricultural
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Other Observable Inputs (Level 2) | Fair value | Real Estate Construction - Residential | Mortgages
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Other Observable Inputs (Level 2) | Fair value | Real Estate Construction - Commercial | Mortgages
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Other Observable Inputs (Level 2) | Fair value | Installment and other consumer
Fair Value Measurements
Impaired loans	0	0
Nonrecurring | Significant Unobservable Inputs (Level 3) | Fair value
Fair Value Measurements
Impaired loans	21,397	27,503
Other real estate and repossessed assets	10,525	12,291
Nonrecurring | Significant Unobservable Inputs (Level 3) | Fair value | Commercial, Financial, and Agricultural
Fair Value Measurements
Impaired loans	0	4,505
Nonrecurring | Significant Unobservable Inputs (Level 3) | Fair value | Real Estate Construction - Residential | Mortgages
Fair Value Measurements
Impaired loans	264	417
Nonrecurring | Significant Unobservable Inputs (Level 3) | Fair value | Real Estate Construction - Commercial | Mortgages
Fair Value Measurements
Impaired loans	$ 21,133	22,581
Nonrecurring | Significant Unobservable Inputs (Level 3) | Fair value | Installment and other consumer
Fair Value Measurements
Impaired loans		$ 0

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets:
Cash and due from banks	$ 17,287	$ 19,235
Federal funds sold and overnight interest-bearing deposits	142,622	161,128
Certificates of deposit in other banks	5,193	9,376
Available-for-sale debt securities, at fair value	310,870	198,030
Loans held for sale	2,249	5,099
Accrued interest receivable	6,621	6,640
Deposits:
Non-interest bearing demand	453,066	382,492
Savings, interest checking and money market	818,358	723,808
Time deposits	245,396
Accrued interest payable	282	837
Carrying amount
Assets:
Cash and due from banks	17,287	19,235
Federal funds sold and overnight interest-bearing deposits	142,622	161,128
Certificates of deposit in other banks	5,193	9,376
Available-for-sale debt securities, at fair value	310,870	198,030
Other investment securities	5,408	6,353
Loans, net	1,285,230	1,268,854
Loans held for sale	2,249	5,099
Cash surrender value - life insurance	2,509	2,451
Interest rate lock commitments	312
Forward sale commitments	12
Accrued interest receivable	6,621	6,640
Total	1,778,313	1,677,166
Deposits:
Non-interest bearing demand	453,066	382,492
Savings, interest checking and money market	818,358	723,808
Time deposits	245,396	277,306
Federal funds purchased and securities sold under agreements to repurchase	23,829	45,154
Federal Home Loan Bank advances and other borrowings	77,418	106,674
Subordinated notes	49,486	49,486
Interest rate lock commitments	26
Accrued interest payable	282	837
Total	1,667,861	1,585,757
Fair value
Assets:
Cash and due from banks	17,287	19,235
Federal funds sold and overnight interest-bearing deposits	142,622	161,128
Certificates of deposit in other banks	5,193	9,376
Available-for-sale debt securities, at fair value	310,870	198,030
Other investment securities	5,408	6,353
Loans, net	1,308,539	1,288,677
Loans held for sale	2,249	5,279
Cash surrender value - life insurance	2,509	2,451
Interest rate lock commitments	312
Forward sale commitments	12
Accrued interest receivable	6,621	6,640
Total	1,801,622	1,697,169
Deposits:
Non-interest bearing demand	453,066	382,492
Savings, interest checking and money market	818,358	723,808
Time deposits	246,025	279,569
Federal funds purchased and securities sold under agreements to repurchase	23,829	45,154
Federal Home Loan Bank advances and other borrowings	78,152	110,121
Subordinated notes	42,908	40,929
Interest rate lock commitments	26
Accrued interest payable	282	837
Total	1,662,646	1,582,910
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash and due from banks	17,287	19,235
Federal funds sold and overnight interest-bearing deposits	142,622	161,128
Certificates of deposit in other banks	5,193	9,376
Available-for-sale debt securities, at fair value	3,917	2,798
Other investment securities	60	32
Loans, net	0	0
Loans held for sale	0	0
Cash surrender value - life insurance	0	0
Interest rate lock commitments	0
Forward sale commitments	0
Accrued interest receivable	6,621	6,640
Total	175,700	199,209
Deposits:
Non-interest bearing demand	453,066	382,492
Savings, interest checking and money market	818,358	723,808
Time deposits	0	0
Federal funds purchased and securities sold under agreements to repurchase	23,829	45,154
Federal Home Loan Bank advances and other borrowings	0	0
Subordinated notes	0	0
Interest rate lock commitments	0
Accrued interest payable	282	837
Total	1,295,535	1,152,291
Other Observable Inputs (Level 2)
Assets:
Cash and due from banks	0	0
Federal funds sold and overnight interest-bearing deposits	0	0
Certificates of deposit in other banks	0	0
Available-for-sale debt securities, at fair value	306,953	195,232
Other investment securities	5,348	6,321
Loans, net	0	0
Loans held for sale	2,249	5,279
Cash surrender value - life insurance	2,509	2,451
Interest rate lock commitments	0
Forward sale commitments	12
Accrued interest receivable	0	0
Total	317,071	209,283
Deposits:
Non-interest bearing demand	0	0
Savings, interest checking and money market	0	0
Time deposits	0	0
Federal funds purchased and securities sold under agreements to repurchase	0	0
Federal Home Loan Bank advances and other borrowings	78,152	110,121
Subordinated notes	42,908	40,929
Interest rate lock commitments	0
Accrued interest payable	0	0
Total	121,060	151,050
Significant Unobservable Inputs (Level 3)
Assets:
Cash and due from banks	0	0
Federal funds sold and overnight interest-bearing deposits	0	0
Certificates of deposit in other banks	0	0
Available-for-sale debt securities, at fair value	0	0
Other investment securities	0	0
Loans, net	1,308,539	1,288,677
Loans held for sale	0	0
Cash surrender value - life insurance	0	0
Interest rate lock commitments	312
Forward sale commitments	0
Accrued interest receivable	0	0
Total	1,308,851	1,288,677
Deposits:
Non-interest bearing demand	0	0
Savings, interest checking and money market	0	0
Time deposits	246,025	279,569
Federal funds purchased and securities sold under agreements to repurchase	0	0
Federal Home Loan Bank advances and other borrowings	0	0
Subordinated notes	0	0
Interest rate lock commitments	26
Accrued interest payable	0	0
Total	$ 246,051	$ 279,569

Commitments and Contingencies -

Commitments and Contingencies - Contractual Amounts (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total contractual amount of off-balance-sheet financial instruments	$ 450,832	$ 441,598
Commitments to extend credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total contractual amount of off-balance-sheet financial instruments	396,958	264,528
Interest rate lock commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total contractual amount of off-balance-sheet financial instruments	16,161	46,171
Forward sale commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total contractual amount of off-balance-sheet financial instruments	2,199	5,099
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total contractual amount of off-balance-sheet financial instruments	$ 35,514	$ 125,800

Commitments and Contingencies_2

Commitments and Contingencies - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)
Other Commitments [Line Items]
Loss contingency accrual	$ 1.5
Minimum
Other Commitments [Line Items]
Remaining term of conditional commitment	1 month
Maximum
Other Commitments [Line Items]
Remaining term of conditional commitment	5 years

Condensed Financial Informati_3

Condensed Financial Information of the Parent Company Only - Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from bank subsidiaries	$ 17,287	$ 19,235
Other assets	7,658	7,268
Total assets	1,831,550	1,733,731
Liabilities and Stockholders’ Equity
Subordinated notes	49,486	49,486
Other liabilities	12,922	15,248
Stockholders’ equity	148,956	130,589	$ 115,038	$ 99,414
Total liabilities and stockholders’ equity	1,831,550	1,733,731
HAWTHORN BANCSHARES, INC. | Reportable Legal Entities
Assets
Cash and due from bank subsidiaries	1,805	2,013
Investment in bank-issued trust preferred securities	1,288	1,229
Investment in subsidiaries	197,243	183,020
Deferred tax asset	589	1,496
Other assets	1,238	1,076
Total assets	202,163	188,834
Liabilities and Stockholders’ Equity
Subordinated notes	49,486	49,486
Other liabilities	3,721	8,759
Stockholders’ equity	148,956	130,589
Total liabilities and stockholders’ equity	$ 202,163	$ 188,834

Condensed Financial Informati_4

Condensed Financial Information of the Parent Company Only - Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income
Interest and dividends received from subsidiaries	$ 64,454	$ 62,985	$ 63,970
Expenses
Interest on subordinated notes	1,227	1,527	2,376
Other	4,100	4,307	3,320
Income tax benefit	(5,697)	(3,183)	(3,823)
Net income	22,517	14,293	16,114
HAWTHORN BANCSHARES, INC. | Reportable Legal Entities
Income
Interest and dividends received from subsidiaries	8,512	4,946	8,071
Total income	8,512	4,946	8,071
Expenses
Interest on subordinated notes	1,227	1,527	2,376
Other	2,796	2,692	2,461
Total expenses	4,023	4,219	4,837
Income before income tax benefit and equity in undistributed income of subsidiaries	4,489	727	3,234
Income tax benefit	837	876	1,001
Equity in undistributed income of subsidiaries	17,191	12,690	11,879
Net income	$ 22,517	$ 14,293	$ 16,114

Condensed Financial Informati_5

Condensed Financial Information of the Parent Company Only - Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net income	$ 22,517	$ 14,293	$ 16,114
Adjustments to reconcile net income to net cash provided by operating activities:
Other, net	0	0	0
Net cash provided by operating activities	30,612	21,017	19,381
Cash flows from investing activities:
Net cash (used in) provided by investing activities	(127,935)	(139,561)	16,268
Cash flows from financing activities:
Cash dividends paid - common stock	(3,616)	(3,030)	(2,684)
Purchase of treasury stock	(2,148)	(906)	0
Net cash provided by financing activities	76,869	220,786	389
Net increase (decrease) in cash and cash equivalents	(20,454)	102,242	36,038
Cash and due from banks at beginning of year	180,363	78,121	42,083
Cash and due from banks at end of year	159,909	180,363	78,121
HAWTHORN BANCSHARES, INC. | Reportable Legal Entities
Cash flows from operating activities:
Net income	22,517	14,293	16,114
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed income of subsidiaries	(17,191)	(12,690)	(11,879)
Decrease (increase) in deferred tax asset	907	432	(319)
Other, net	(607)	1,031	10
Net cash provided by operating activities	5,626	3,066	3,926
Cash flows from investing activities:
(Increase) decrease in investment in subsidiaries, net	(70)	307	0
Net cash (used in) provided by investing activities	(70)	307	0
Cash flows from financing activities:
Cash dividends paid - common stock	(3,616)	(3,030)	(2,684)
Purchase of treasury stock	(2,148)	(906)	0
Net cash provided by financing activities	(5,764)	(3,936)	(2,684)
Net increase (decrease) in cash and cash equivalents	(208)	(563)	1,242
Cash and due from banks at beginning of year	2,013	2,576	1,334
Cash and due from banks at end of year	$ 1,805	$ 2,013	$ 2,576