falsedesktopCZWI2020-09-30000136785920000195{"tbl_sim": "https://q10k.com/tbl-sim", "search": "https://q10k.com/search"}{"q10k_tbl_0": "Large accelerated filer\t☐\tAccelerated filer\t☒\nNon-accelerated filer\t☐\tSmaller reporting company\t☒\n\t\tEmerging growth company\t☐\n", "q10k_tbl_1": "\t\t\tPage Number\nPart I - FINANCIAL INFORMATION\t\t\t\n\tItem 1.\tFinancial Statements\t\n\t\tConsolidated Balance Sheets as of September 30 2020 (Unaudited) and December 31 2019\t5\n\t\tConsolidated Statements of Operations (Unaudited) for the three and nine months ended September 30 2020 and 2019\t6\n\t\tConsolidated Statements of Comprehensive Income (Unaudited) for the three and nine months ended September 30 2020 and 2019\t7\n\t\tConsolidated Statement of Changes in Stockholders' Equity (Unaudited) for the nine months ended September 30 2020 and the year ended December 31 2019\t8\n\t\tConsolidated Statements of Cash Flows (Unaudited) for the nine months ended September 30 2020 and 2019\t10\n\t\tCondensed Notes to Consolidated Financial Statements (Unaudited)\t12\n\tItem 2.\tManagement's Discussion and Analysis of Financial Condition and Results of Operations\t49\n\tItem 3.\tQuantitative and Qualitative Disclosures about Market Risk\t71\n\tItem 4.\tControls and Procedures\t73\nPart II - OTHER INFORMATION\t\t\t73\n\tItem 1.\tLegal Proceedings\t73\n\tItem 1A.\tRisk Factors\t74\n\tItem 2.\tUnregistered Sales of Equity Securities and Use of Proceeds\t75\n\tItem 3.\tDefaults Upon Senior Securities\t75\n\tItem 4.\tMine Safety Disclosures\t75\n\tItem 5.\tOther Information\t75\n\tItem 6.\tExhibits\t76\nSIGNATURES\t\t\t77\n", "q10k_tbl_2": "\tSeptember 30 2020\tDecember 31 2019\nAssets\t\t\nCash and cash equivalents\t115474\t55840\nOther interest-bearing deposits\t3752\t4744\nSecurities available for sale \"AFS\"\t150908\t180119\nSecurities held to maturity \"HTM\"\t16927\t2851\nEquity securities with readily determinable fair value\t187\t246\nOther investments\t15075\t15005\nLoans receivable\t1230139\t1177380\nAllowance for loan losses\t(14836)\t(10320)\nLoans receivable net\t1215303\t1167060\nLoans held for sale\t4938\t5893\nMortgage servicing rights\t3498\t4282\nOffice properties and equipment net\t21607\t21106\nAccrued interest receivable\t5829\t4738\nIntangible assets\t5893\t7587\nGoodwill\t31498\t31498\nForeclosed and repossessed assets net\t812\t1460\nBank owned life insurance (\"BOLI\")\t23514\t23063\nOther assets\t7378\t5757\nTOTAL ASSETS\t1622593\t1531249\nLiabilities and Stockholders' Equity\t\t\nLiabilities:\t\t\nDeposits\t1270778\t1195702\nFederal Home Loan Bank (\"FHLB\") and Federal Reserve Bank (\"FRB\") advances\t124491\t130971\nOther borrowings\t58297\t43560\nOther liabilities\t11704\t10463\nTotal liabilities\t1465270\t1380696\nStockholders' Equity:\t\t\nCommon stock-$0.01 par value authorized 30000000; 11154645 and 11266954 shares issued and outstanding respectively\t112\t113\nAdditional paid-in capital\t127778\t128856\nRetained earnings\t29239\t22517\nUnearned deferred compensation\t(710)\t(462)\nAccumulated other comprehensive income (loss)\t904\t(471)\nTotal stockholders' equity\t157323\t150553\nTOTAL LIABILITIES AND STOCKHOLDERS' EQUITY\t1622593\t1531249\n", "q10k_tbl_3": "\tThree Months Ended\t\tNine Months Ended\t\n\tSeptember 30 2020\tSeptember 30 2019\tSeptember 30 2020\tSeptember 30 2019\nInterest and dividend income:\t\t\t\t\nInterest and fees on loans\t14154\t14646\t44300\t40036\nInterest on investments\t1064\t1577\t3712\t4241\nTotal interest and dividend income\t15218\t16223\t48012\t44277\nInterest expense:\t\t\t\t\nInterest on deposits\t2255\t3371\t8042\t8890\nInterest on FHLB and FRB borrowed funds\t430\t639\t1386\t2213\nInterest on other borrowed funds\t624\t620\t1701\t1436\nTotal interest expense\t3309\t4630\t11129\t12539\nNet interest income before provision for loan losses\t11909\t11593\t36883\t31738\nProvision for loan losses\t1500\t575\t5250\t2125\nNet interest income after provision for loan losses\t10409\t11018\t31633\t29613\nNon-interest income:\t\t\t\t\nService charges on deposit accounts\t431\t625\t1336\t1756\nInterchange income\t556\t476\t1509\t1267\nLoan servicing income\t1144\t714\t3144\t1902\nGain on sale of loans\t1987\t679\t4585\t1560\nLoan fees and service charges\t320\t471\t1041\t860\nInsurance commission income\t0\t197\t474\t573\nNet gains (losses) on investment securities\t(1)\t96\t97\t151\nNet gain (loss) on sale of branch\t0\t0\t0\t2295\nNet gain (loss) on sale of acquired business lines\t180\t0\t432\t0\nSettlement proceeds\t0\t0\t131\t0\nOther\t445\t363\t929\t827\nTotal non-interest income\t5062\t3621\t13678\t11191\nNon-interest expense:\t\t\t\t\nCompensation and related benefits\t5538\t5295\t16881\t14605\nOccupancy\t993\t905\t2898\t2725\nOffice\t532\t599\t1650\t1649\nData processing\t1145\t1092\t3165\t2953\nAmortization of intangible assets\t399\t412\t1223\t1085\nMortgage servicing rights expense\t603\t325\t2330\t822\nAdvertising marketing and public relations\t260\t315\t802\t974\nFDIC premium assessment\t188\t78\t436\t318\nProfessional services\t434\t561\t1391\t1961\nGain on repossessed assets net\t(105)\t(16)\t(195)\t(143)\nOther\t737\t3409\t2266\t5309\nTotal non-interest expense\t10724\t12975\t32847\t32258\nIncome before provision for income tax\t4747\t1664\t12464\t8546\nProvision for income taxes\t1267\t430\t3309\t2252\nNet income attributable to common stockholders\t3480\t1234\t9155\t6294\nPer share information:\t\t\t\t\nBasic earnings\t0.31\t0.11\t0.82\t0.57\nDiluted earnings\t0.31\t0.11\t0.82\t0.57\nCash dividends paid\t0\t0\t0.21\t0.20\n", "q10k_tbl_4": "\tThree Months Ended\t\tNine Months Ended\t\n\tSeptember 30 2020\tSeptember 30 2019\tSeptember 30 2020\tSeptember 30 2019\nNet income attributable to common stockholders\t3480\t1234\t9155\t6294\nOther comprehensive income net of tax:\t\t\t\t\nSecurities available for sale\t\t\t\t\nNet unrealized gains arising during period\t885\t319\t1488\t2177\nReclassification adjustment for net gains included in net income\t0\t0\t(113)\t(19)\nOther comprehensive income\t885\t319\t1375\t2158\nComprehensive income\t4365\t1553\t10530\t8452\n", "q10k_tbl_5": "\t\t\tAdditional Paid-In Capital\tRetained Earnings\tUnearned Deferred Compensation\tAccumulated Other Comprehensive Income (Loss)\tTotal Stockholders' Equity\n\tCommon Stock\t\t\t\n\tShares\tAmount\t\t\nBalance January 1 2020\t11266954\t113\t128856\t22517\t(462)\t(471)\t150553\nNet income\t0\t0\t0\t2606\t0\t0\t2606\nOther comprehensive income net of tax\t0\t0\t0\t0\t0\t(1138)\t(1138)\nSurrender of restricted shares of common stock\t(1746)\t0\t(21)\t0\t0\t0\t(21)\nCommon stock awarded under the equity incentive plan\t41507\t0\t669\t0\t(669)\t0\t0\nCommon stock fractional share audit adjustment\t(40)\t0\t0\t0\t0\t0\t0\nCommon stock repurchased\t(155666)\t(1)\t(1776)\t(61)\t0\t0\t(1838)\nStock option expense\t0\t0\t4\t0\t0\t0\t4\nAmortization of restricted stock\t0\t0\t0\t0\t139\t0\t139\nCash dividends ($0.21 per share)\t0\t0\t0\t(2372)\t0\t0\t(2372)\nBalance at March 31 2020\t11151009\t112\t127732\t22690\t(992)\t(1609)\t147933\nNet income\t0\t0\t0\t3069\t0\t0\t3069\nOther comprehensive income net of tax\t0\t0\t0\t0\t0\t1628\t1628\nSurrender of restricted shares of common stock\t(314)\t0\t(2)\t0\t0\t0\t(2)\nStock option expense\t0\t0\t4\t0\t0\t0\t4\nAmortization of restricted stock\t0\t0\t0\t0\t158\t0\t158\nBalance at June 30 2020\t11150695\t112\t127734\t25759\t(834)\t19\t152790\nNet income\t0\t0\t0\t3480\t0\t0\t3480\nOther comprehensive income net of tax\t0\t0\t0\t0\t0\t885\t885\nSurrender of restricted shares of common stock\t(50)\t0\t\t0\t0\t0\t0\nCommon stock awarded under the equity incentive plan\t4000\t0\t41\t0\t(41)\t0\t0\nStock option expense\t0\t0\t3\t0\t0\t0\t3\nAmortization of restricted stock\t0\t0\t0\t0\t165\t0\t165\nBalance September 30 2020\t11154645\t112\t127778\t29239\t(710)\t904\t157323\n", "q10k_tbl_6": "\t\t\tAdditional Paid-In Capital\tRetained Earnings\tUnearned Deferred Compensation\tAccumulated Other Comprehensive Income (Loss)\tTotal Stockholders' Equity\n\tCommon Stock\t\t\t\n\tShares\tAmount\t\t\nBalance January 1 2019\t10953512\t109\t125512\t15264\t(857)\t(1841)\t138187\nNet income\t0\t0\t0\t953\t0\t0\t953\nOther comprehensive income net of tax\t0\t0\t0\t0\t0\t1164\t1164\nForfeiture of unvested shares\t(958)\t0\t(13)\t0\t13\t0\t0\nSurrender of restricted shares of common stock\t(798)\t0\t(9)\t0\t0\t0\t(9)\nCommon stock awarded under the equity incentive plan\t10847\t0\t252\t0\t(252)\t0\t0\nCommon stock options exercised\t27430\t1\t194\t0\t0\t0\t195\nStock option expense\t0\t0\t4\t0\t0\t0\t4\nAmortization of restricted stock\t0\t0\t0\t0\t140\t0\t140\nAdoption of ASU 2016-01; Equity securities\t0\t0\t0\t45\t0\t(45)\t0\nAdoption of ASU 2016-02; Leases\t0\t0\t0\t(56)\t0\t0\t(56)\nCash dividends ($0.20 per share)\t0\t0\t0\t(2198)\t0\t0\t(2198)\nBalance at March 31 2019\t10990033\t110\t125940\t14008\t(956)\t(722)\t138380\nNet income\t0\t0\t0\t4107\t0\t0\t4107\nOther comprehensive income net of tax\t0\t0\t0\t0\t0\t675\t675\nForfeiture of unvested shares\t(7958)\t0\t(118)\t0\t118\t0\t0\nSurrender of restricted shares of common stock\t(3067)\t0\t(35)\t0\t0\t0\t(35)\nCommon stock awarded under the equity incentive plan\t2000\t0\t22\t0\t(22)\t0\t0\nCommon stock options exercised\t1000\t0\t8\t0\t0\t0\t8\nStock option expense\t0\t0\t5\t0\t0\t0\t5\nAmortization of restricted stock\t0\t0\t0\t0\t103\t0\t103\nAdoption of ASU 2016-02; Leases\t0\t0\t0\t(1)\t0\t0\t(1)\nBalance at June 30 2019\t10982008\t110\t125822\t18114\t(757)\t(47)\t143242\nNet income\t0\t0\t0\t1234\t0\t0\t1234\nOther comprehensive income net of tax\t0\t0\t0\t0\t0\t319\t319\nSurrender of restricted shares of common stock\t(297)\t0\t(3)\t0\t0\t0\t(3)\nCommon stock issued to F&M shareholders\t288999\t3\t3102\t0\t0\t0\t3105\nStock option expense\t0\t0\t5\t0\t0\t0\t5\nAmortization of restricted stock\t0\t0\t0\t0\t127\t0\t127\nBalance September 30 2019\t11270710\t113\t128926\t19348\t(630)\t272\t148029\nNet income\t0\t0\t0\t3169\t0\t0\t3169\nOther comprehensive income net of tax\t0\t0\t0\t0\t0\t(743)\t(743)\nForfeiture of unvested shares\t(3251)\t0\t(68)\t0\t68\t0\t0\nSurrender of restricted shares of common stock\t(505)\t0\t(6)\t0\t0\t0\t(6)\nStock option expense\t0\t0\t4\t0\t0\t0\t4\nAmortization of restricted stock\t0\t0\t0\t0\t100\t0\t100\nBalance December 31 2019\t11266954\t113\t128856\t22517\t(462)\t(471)\t150553\n", "q10k_tbl_7": "\tNine Months Ended\t\n\tSeptember 30 2020\tSeptember 30 2019\nCash flows from operating activities:\t\t\nNet income attributable to common stockholders\t9155\t6294\nAdjustments to reconcile net income to net cash provided by operating activities:\t\t\nPremium amortization net of discount accretion on investment securities\t156\t762\nDepreciation expense\t1436\t1110\nProvision for loan losses\t5250\t2125\nNet realized loss (gain) on equity securities\t59\t(125)\nNet realized gain on debt securities\t(156)\t(26)\nIncrease in MSR assets resulting from transfers of financial assets\t(1546)\t(581)\nMortgage servicing rights expense\t2330\t822\nAmortization of intangible assets\t1223\t1085\nAmortization of restricted stock\t462\t370\nNet stock based compensation expense\t11\t14\nLoss (gain) on sale of office properties and equipment\t30\t(32)\nDeferred income taxes\t(1299)\t0\nIncrease in cash surrender value of life insurance\t(451)\t(384)\nNet (gain) loss from disposals of foreclosed and repossessed assets\t(195)\t(143)\nGain on sale of loans held for sale net\t(4585)\t(1560)\nNet change in loans held for sale\t5540\t225\nDecrease in accrued interest receivable and other assets\t(1934)\t3009\nIncrease (decrease) in other liabilities\t836\t(6482)\nNet gain on sale of insurance agency\t(252)\t0\nTotal adjustments\t6915\t189\nNet cash provided by operating activities\t16070\t6483\nCash flows from investing activities:\t\t\nNet decrease in other interest-bearing deposits\t992\t3207\nPurchase of available for sale securities\t(20956)\t(23457)\nPurchase of held to maturity securities\t(15147)\t0\nProceeds from principal payments and sale of available for sale securities\t52083\t26370\nProceeds from principal payments and maturities of held to maturity securities\t1051\t1185\nNet sales of other investments\t(70)\t1084\nProceeds from sale of foreclosed and repossessed assets\t2098\t2238\nNet increase in loans\t(54748)\t(6710)\nNet capital expenditures\t(1975)\t(6149)\nNet cash (disbursed) acquired in business combinations\t0\t(8137)\nProceeds from disposal of office properties and equipment\t8\t300\nNet proceeds from sale of insurance agency\t1128\t0\nNet cash used in investing activities\t(35536)\t(10069)\n", "q10k_tbl_8": "Cash flows from financing activities:\t\t\nNet (decrease) increase in short-term Federal Home Loan Bank advances\t(40980)\t(16469)\nLong-term Federal Home Loan Bank advances\t66500\t0\nLong-term Federal Home Loan Bank maturities\t(32000)\t0\nAmortization of debt issuance costs\t60\t0\nProceeds from other borrowings net of origination costs\t14677\t0\nProceeds from other borrowings to fund business combination net of origination costs\t0\t29889\nPrincipal payment reduction to other borrowings\t0\t(10000)\nNet increase in deposits\t75076\t5601\nCommon stock issued in F&M acquisition less capitalized equity costs\t0\t3105\nRepurchase shares of common stock\t(1838)\t0\nSurrender of restricted shares of common stock\t(23)\t(47)\nCommon stock options exercised\t0\t203\nCash dividends paid\t(2372)\t(2198)\nNet cash provided by financing activities\t79100\t10084\nNet (decrease) increase in cash and cash equivalents\t59634\t6498\nCash and cash equivalents at beginning of period\t55840\t45778\nCash and cash equivalents at end of period\t115474\t52276\n", "q10k_tbl_9": "Supplemental cash flow information:\t\t\nCash paid during the period for:\t\t\nInterest on deposits\t8066\t8775\nInterest on borrowings\t2999\t3966\nIncome taxes\t4820\t3847\nSupplemental noncash disclosure:\t\t\nTransfers from loans receivable to foreclosed and repossessed assets\t1057\t898\nFair value of assets acquired net of cash and cash equivalents\t0\t177494\nFair value of liabilities assumed net of cash and cash equivalents\t0\t169724\n", "q10k_tbl_10": "Available for sale securities\tAmortized Cost\tGross Unrealized Gains\tGross Unrealized Losses\tEstimated Fair Value\nSeptember 30 2020\t\t\t\t\nU.S. government agency obligations\t34059\t391\t71\t34379\nObligations of states and political subdivisions\t140\t0\t0\t140\nMortgage-backed securities\t49870\t1888\t0\t51758\nCorporate debt securities\t15211\t277\t124\t15364\nCorporate asset-based securities\t36443\t38\t938\t35543\nTrust preferred securities\t13938\t69\t283\t13724\nTotal available for sale securities\t149661\t2663\t1416\t150908\nDecember 31 2019\t\t\t\t\nU.S. government agency obligations\t52020\t132\t347\t51805\nObligations of states and political subdivisions\t281\t0\t0\t281\nMortgage-backed securities\t70806\t635\t110\t71331\nCorporate debt securities\t18776\t66\t117\t18725\nCorporate asset-based securities\t27718\t0\t864\t26854\nTrust preferred securities\t11167\t35\t79\t11123\nTotal available for sale securities\t180768\t868\t1517\t180119\n", "q10k_tbl_11": "Held to maturity securities\tAmortized Cost\tGross Unrealized Gains\tGross Unrealized Losses\tEstimated Fair Value\nSeptember 30 2020\t\t\t\t\nObligations of states and political subdivisions\t300\t0\t0\t300\nMortgage-backed securities\t16627\t306\t0\t16933\nTotal held to maturity securities\t16927\t306\t0\t17233\nDecember 31 2019\t\t\t\t\nObligations of states and political subdivisions\t300\t2\t0\t302\nMortgage-backed securities\t2551\t104\t0\t2655\nTotal held to maturity securities\t2851\t106\t0\t2957\n", "q10k_tbl_12": "\tSeptember 30 2020\t\tDecember 31 2019\t\nAvailable for sale securities\tAmortized Cost\tEstimated Fair Value\tAmortized Cost\tEstimated Fair Value\nDue in one year or less\t0\t0\t141\t141\nDue after one year through five years\t3850\t4064\t5900\t5959\nDue after five years through ten years\t39417\t39461\t43269\t43180\nDue after ten years\t56524\t55625\t60652\t59508\nTotal securities with contractual maturities\t99791\t99150\t109962\t108788\nMortgage backed securities\t49870\t51758\t70806\t71331\nSecurities without contractual maturities\t0\t0\t0\t0\nTotal available for sale securities\t149661\t150908\t180768\t180119\n", "q10k_tbl_13": "\tSeptember 30 2020\t\tDecember 31 2019\t\nHeld to maturity securities\tAmortized Cost\tEstimated Fair Value\tAmortized Cost\tEstimated Fair Value\nDue in one year or less\t300\t300\t300\t302\nTotal securities with contractual maturities\t300\t300\t300\t302\nMortgage backed securities\t16627\t16933\t2551\t2655\nTotal held to maturity securities\t16927\t17233\t2851\t2957\n", "q10k_tbl_14": "\tLess than 12 Months\t\t12 Months or More\t\tTotal\t\nAvailable for sale securities\tFair Value\tUnrealized Loss\tFair Value\tUnrealized Loss\tFair Value\tUnrealized Loss\nSeptember 30 2020\t\t\t\t\t\t\nU.S. government agency obligations\t9596\t24\t5364\t47\t14960\t71\nCorporate debt securities\t2009\t17\t1393\t107\t3402\t124\nCorporate asset-based securities\t0\t0\t33603\t938\t33603\t938\nTrust preferred securities\t10963\t283\t0\t0\t10963\t283\nTotal\t22568\t324\t40360\t1092\t62928\t1416\nDecember 31 2019\t\t\t\t\t\t\nU.S. government agency obligations\t14593\t156\t10540\t191\t25133\t347\nMortgage backed securities\t22537\t62\t5883\t48\t28420\t110\nCorporate debt securities\t7001\t15\t1398\t102\t8399\t117\nCorporate asset-based securities\t8683\t285\t18171\t579\t26854\t864\nTrust preferred securities\t7420\t79\t0\t0\t7420\t79\nTotal\t60234\t597\t35992\t920\t96226\t1517\n", "q10k_tbl_15": "\t1 to 5\t6\t7\t8\t9\tTOTAL\nOriginated Loans:\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\nCommercial real estate\t318915\t1947\t1166\t0\t0\t322028\nAgricultural real estate\t30807\t454\t1269\t0\t0\t32530\nMulti-family real estate\t100148\t0\t0\t0\t0\t100148\nConstruction and land development\t77514\t0\t3478\t0\t0\t80992\nC&I/Agricultural operating:\t\t\t\t\t\t\nCommercial and industrial\t75338\t802\t3819\t0\t0\t79959\nC&I SBA PPP loans\t139166\t0\t0\t0\t0\t139166\nAgricultural operating\t23040\t28\t1256\t0\t0\t24324\nResidential mortgage:\t\t\t\t\t\t\nResidential mortgage\t85922\t7\t4171\t0\t0\t90100\nPurchased HELOC loans\t6220\t0\t327\t0\t0\t6547\nConsumer installment:\t\t\t\t\t\t\nOriginated indirect paper\t28312\t0\t223\t0\t0\t28535\nOther consumer\t13135\t0\t86\t0\t0\t13221\nTotal originated loans\t898517\t3238\t15795\t0\t0\t917550\nAcquired Loans:\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\nCommercial real estate\t168360\t4237\t6048\t0\t0\t178645\nAgricultural real estate\t33765\t0\t6848\t0\t0\t40613\nMulti-family real estate\t9372\t0\t148\t0\t0\t9520\nConstruction and land development\t8264\t0\t82\t0\t0\t8346\nC&I/Agricultural operating:\t\t\t\t\t\t\nCommercial and industrial\t23572\t59\t782\t0\t0\t24413\nAgricultural operating\t8688\t0\t946\t0\t0\t9634\nResidential mortgage:\t\t\t\t\t\t\nResidential mortgage\t49243\t243\t2268\t0\t0\t51754\nConsumer installment:\t\t\t\t\t\t\nOther consumer\t1404\t0\t5\t0\t0\t1409\nTotal acquired loans\t302668\t4539\t17127\t0\t0\t324334\nTotal Loans:\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\nCommercial real estate\t487275\t6184\t7214\t0\t0\t500673\nAgricultural real estate\t64572\t454\t8117\t0\t0\t73143\nMulti-family real estate\t109520\t0\t148\t0\t0\t109668\nConstruction and land development\t85778\t0\t3560\t0\t0\t89338\nCommercial/Agricultural non-real estate:\t\t\t\t\t\t\nCommercial and industrial\t98910\t861\t4601\t0\t0\t104372\nC&I SBA PPP loans\t139166\t0\t0\t0\t0\t139166\nAgricultural operating\t31728\t28\t2202\t0\t0\t33958\nResidential mortgage:\t\t\t\t\t\t\nResidential mortgage\t135165\t250\t6439\t0\t0\t141854\nPurchased HELOC loans\t6220\t0\t327\t0\t0\t6547\nConsumer installment:\t\t\t\t\t\t\nOriginated indirect paper\t28312\t0\t223\t0\t0\t28535\nOther Consumer\t14539\t0\t91\t0\t0\t14630\nGross loans\t1201185\t7777\t32922\t0\t0\t1241884\nLess:\t\t\t\t\t\t\nUnearned net deferred fees and costs and loans in process\t\t\t\t\t\t(5033)\nUnamortized discount on acquired loans\t\t\t\t\t\t(6712)\nAllowance for loan losses\t\t\t\t\t\t(14836)\nLoans receivable net\t\t\t\t\t\t1215303\n", "q10k_tbl_16": "\t1 to 5\t6\t7\t8\t9\tTOTAL\nOriginated Loans:\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\nCommercial real estate\t301381\t266\t899\t0\t0\t302546\nAgricultural real estate\t31129\t829\t2068\t0\t0\t34026\nMulti-family real estate\t71877\t0\t0\t0\t0\t71877\nConstruction and land development\t67989\t0\t3478\t0\t0\t71467\nC&I/Agricultural operating:\t\t\t\t\t\t\nCommercial and industrial\t85248\t1023\t3459\t0\t0\t89730\nAgricultural operating\t19545\t402\t770\t0\t0\t20717\nResidential mortgage:\t\t\t\t\t\t\nResidential mortgage\t104428\t0\t4191\t0\t0\t108619\nPurchased HELOC loans\t8407\t0\t0\t0\t0\t8407\nConsumer installment:\t\t\t0\t\t\t\nOriginated indirect paper\t39339\t0\t246\t0\t0\t39585\nOther Consumer\t15425\t0\t121\t0\t0\t15546\nTotal originated loans\t744768\t2520\t15232\t0\t0\t762520\nAcquired Loans:\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\nCommercial real estate\t196692\t6084\t9137\t0\t0\t211913\nAgricultural real estate\t42381\t534\t8422\t0\t0\t51337\nMulti-family real estate\t13533\t0\t1598\t0\t0\t15131\nConstruction and land development\t14181\t0\t762\t0\t0\t14943\nC&I/Agricultural operating:\t\t\t\t\t\t\nCommercial and industrial\t41587\t932\t1485\t0\t0\t44004\nAgricultural operating\t15621\t350\t1092\t0\t0\t17063\nResidential mortgage:\t\t\t\t\t\t\nResidential mortgage\t65125\t436\t2152\t0\t0\t67713\nConsumer installment:\t\t\t\t\t\t\nOther Consumer\t2628\t0\t12\t0\t0\t2640\nTotal acquired loans\t391748\t8336\t24660\t0\t0\t424744\nTotal Loans:\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\nCommercial real estate\t498073\t6350\t10036\t0\t0\t514459\nAgricultural real estate\t73510\t1363\t10490\t0\t0\t85363\nMulti-family real estate\t85410\t0\t1598\t0\t0\t87008\nConstruction and land development\t82170\t0\t4240\t0\t0\t86410\nC&I/Agricultural operating:\t\t\t\t\t\t\nCommercial and industrial\t126835\t1955\t4944\t0\t0\t133734\nAgricultural operating\t35166\t752\t1862\t0\t0\t37780\nResidential mortgage:\t\t\t\t\t\t\nResidential mortgage\t169553\t436\t6343\t0\t0\t176332\nPurchased HELOC loans\t8407\t0\t0\t0\t0\t8407\nConsumer installment:\t\t\t\t\t\t\nOriginated indirect paper\t39339\t0\t246\t0\t0\t39585\nOther Consumer\t18053\t0\t133\t0\t0\t18186\nGross loans\t1136516\t10856\t39892\t0\t0\t1187264\nLess:\t\t\t\t\t\t\nUnearned net deferred fees and costs and loans in process\t\t\t\t\t\t(393)\nUnamortized discount on acquired loans\t\t\t\t\t\t(9491)\nAllowance for loan losses\t\t\t\t\t\t(10320)\nLoans receivable net\t\t\t\t\t\t1167060\n", "q10k_tbl_17": "\tCommercial/Agriculture Real Estate\tC&I/Agricultural operating\tResidential Mortgage\tConsumer Installment\tUnallocated\tTotal\nThree months ended September 30 2020\t\t\t\t\t\t\nAllowance for Loan Losses:\t\t\t\t\t\t\nBeginning balance July 1 2020\t8297\t1778\t980\t480\t574\t12109\nCharge-offs\t0\t(103)\t(4)\t(10)\t0\t(117)\nRecoveries\t74\t0\t2\t18\t0\t94\nProvision\t430\t188\t(15)\t64\t56\t723\nTotal Allowance on originated loans\t8801\t1863\t963\t552\t630\t12809\nPurchased credit impaired loans\t0\t0\t0\t0\t0\t0\nOther acquired loans:\t\t\t\t\t\t\nBeginning balance July 1 2020\t746\t334\t112\t72\t0\t1264\nCharge-offs\t0\t0\t(47)\t0\t0\t(47)\nRecoveries\t1\t30\t0\t2\t0\t33\nProvision\t623\t(58)\t199\t13\t0\t777\nTotal Allowance on other acquired loans\t1370\t306\t264\t87\t0\t2027\nTotal Allowance on acquired loans\t1370\t306\t264\t87\t0\t2027\nEnding balance September 30 2020\t10171\t2169\t1227\t639\t630\t14836\n", "q10k_tbl_18": "\tCommercial/Agriculture Real Estate\tC&I/Agricultural operating\tResidential Mortgage\tConsumer Installment\tUnallocated\tTotal\nNine months ended September 30 2020\t\t\t\t\t\t\nAllowance for Loan Losses:\t\t\t\t\t\t\nBeginning balance January 1 2020\t6205\t1643\t879\t467\t357\t9551\nCharge-offs\t0\t(632)\t(4)\t(124)\t0\t(760)\nRecoveries\t74\t0\t7\t55\t0\t136\nProvision\t2522\t852\t81\t154\t273\t3882\nTotal Allowance on originated loans\t8801\t1863\t963\t552\t630\t12809\nPurchased credit impaired loans\t0\t0\t0\t0\t0\t0\nOther acquired loans:\t\t\t\t\t\t\nBeginning balance January 1 2020\t526\t27\t163\t53\t0\t769\nCharge-offs\t0\t(159)\t(74)\t(2)\t0\t(235)\nRecoveries\t77\t30\t14\t4\t0\t125\nProvision\t767\t408\t161\t32\t0\t1368\nTotal Allowance on other acquired loans\t1370\t306\t264\t87\t0\t2027\nTotal Allowance on acquired loans\t1370\t306\t264\t87\t0\t2027\nEnding balance September 30 2020\t10171\t2169\t1227\t639\t630\t14836\nAllowance for Loan Losses at September 30 2020:\t\t\t\t\t\t\nAmount of allowance for loan losses arising from loans individually evaluated for impairment\t772\t159\t249\t1\t0\t1181\nAmount of allowance for loan losses arising from loans collectively evaluated for impairment\t9399\t2010\t978\t638\t630\t13655\nLoans Receivable as of September 30 2020:\t\t\t\t\t\t0\nEnding balance of originated loans\t535698\t243449\t96647\t41756\t0\t917550\nEnding balance of purchased credit-impaired loans\t21453\t2077\t1553\t0\t0\t25083\nEnding balance of other acquired loans\t215671\t31970\t50201\t1409\t0\t299251\nEnding balance of loans\t772822\t277496\t148401\t43165\t0\t1241884\nEnding balance: individually evaluated for impairment\t13190\t6275\t8436\t367\t0\t28268\nEnding balance: collectively evaluated for impairment\t759632\t271221\t139965\t42798\t0\t1213616\n", "q10k_tbl_19": "\tCommercial/Agriculture Real Estate\tC&I/Agricultural operating\tResidential Mortgage\tConsumer Installment\tUnallocated\tTotal\nThree months ended September 30 2019\t\t\t\t\t\t\nAllowance for Loan Losses:\t\t\t\t\t\t\nBeginning balance July 1 2019\t5010\t1470\t977\t528\t299\t8284\nCharge-offs\t0\t0\t(89)\t(36)\t0\t(125)\nRecoveries\t0\t0\t0\t17\t0\t17\nProvision\t281\t130\t117\t(12)\t2\t518\nTotal Allowance on originated loans\t5291\t1600\t1005\t497\t301\t8694\nPurchased credit impaired loans\t0\t0\t0\t0\t0\t0\nOther acquired loans:\t\t\t\t\t\t\nBeginning balance July 1 2019\t181\t85\t153\t56\t0\t475\nCharge-offs\t0\t0\t(45)\t(9)\t0\t(54)\nRecoveries\t0\t0\t1\t4\t0\t5\nProvision\t(10)\t2\t61\t4\t0\t57\nTotal Allowance on other acquired loans\t171\t87\t170\t55\t0\t483\nTotal Allowance on acquired loans\t171\t87\t170\t55\t0\t483\nEnding balance September 30 2019\t5462\t1687\t1175\t552\t301\t9177\n", "q10k_tbl_20": "\tCommercial/Agriculture Real Estate\tC&I/Agricultural operating\tResidential Mortgage\tConsumer Installment\tUnallocated\tTotal\nNine months ended September 30 2019\t\t\t\t\t\t\nAllowance for Loan Losses:\t\t\t\t\t\t\nBeginning balance January 1 2019\t4019\t1258\t1048\t641\t214\t7180\nCharge-offs\t(225)\t0\t(119)\t(142)\t0\t(486)\nRecoveries\t0\t0\t0\t53\t0\t53\nProvision\t1497\t342\t76\t(55)\t87\t1947\nTotal Allowance on originated loans\t5291\t1600\t1005\t497\t301\t8694\nPurchased credit impaired loans\t0\t0\t0\t0\t0\t0\nOther acquired loans\t\t\t\t\t\t\nBeginning balance January 1 2019\t183\t32\t205\t65\t(61)\t424\nCharge-offs\t0\t0\t(105)\t(29)\t0\t(134)\nRecoveries\t3\t0\t2\t10\t0\t15\nProvision\t(15)\t55\t68\t9\t61\t178\nTotal Allowance on other acquired loans\t171\t87\t170\t55\t0\t483\nTotal Allowance on acquired loans\t171\t87\t170\t55\t0\t483\nEnding balance September 30 2019\t5462\t1687\t1175\t552\t301\t9177\nAllowance for Loan Losses at September 30 2019:\t\t\t\t\t\t\nAmount of allowance for loan losses arising from loans individually evaluated for impairment\t205\t252\t191\t15\t0\t663\nAmount of allowance for loan losses arising from loans collectively evaluated for impairment\t5257\t1435\t984\t537\t301\t8514\nLoans Receivable as of September 30 2019:\t\t\t\t\t\t\nEnding balance of originated loans\t401211\t102998\t124627\t58612\t0\t687448\nEnding balance of purchased credit-impaired loans\t33840\t5320\t2273\t0\t0\t41433\nEnding balance of other acquired loans\t272744\t58741\t71290\t3052\t0\t405827\nEnding balance of loans\t707795\t167059\t198190\t61664\t0\t1134708\nEnding balance: individually evaluated for impairment\t16458\t7215\t8626\t419\t0\t32718\nEnding balance: collectively evaluated for impairment\t691337\t159844\t189564\t61245\t0\t1101990\n", "q10k_tbl_21": "\tCommercial/Agriculture Real Estate Loans\t\tC&I/Agricultural Operating\t\tResidential Mortgage\t\tConsumer Installment\t\tTotals\t\n\tSeptember 30 2020\tDecember 31 2019\tSeptember 30 2020\tDecember 31 2019\tSeptember 30 2020\tDecember 31 2019\tSeptember 30 2020\tDecember 31 2019\tSeptember 30 2020\tDecember 31 2019\nPerforming loans\t\t\t\t\t\t\t\t\t\t\nPerforming TDR loans\t5480\t1730\t3868\t366\t3178\t3206\t53\t68\t12579\t5370\nPerforming loans other\t759328\t758237\t271124\t167596\t141755\t178415\t42994\t57486\t1215201\t1161734\nTotal performing loans\t764808\t759967\t274992\t167962\t144933\t181621\t43047\t57554\t1227780\t1167104\nNonperforming loans (1)\t\t\t\t\t\t\t\t\t\t\nNonperforming TDR loans\t5037\t4868\t1490\t1973\t672\t383\t0\t0\t7199\t7224\nNonperforming loans other\t2977\t8405\t1014\t1579\t2796\t2735\t118\t217\t6905\t12936\nTotal nonperforming loans\t8014\t13273\t2504\t3552\t3468\t3118\t118\t217\t14104\t20160\nTotal loans\t772822\t773240\t277496\t171514\t148401\t184739\t43165\t57771\t1241884\t1187264\n", "q10k_tbl_22": "\t30-59 Days Past Due and Accruing\t60-89 Days Past Due and Accruing\tGreater Than 89 Days Past Due and Accruing\tTotal Past Due and Accruing\tNonaccrual Loans\tTotal Past Due Accruing and Nonaccrual Loans\tCurrent\tTotal Loans\nSeptember 30 2020\t\t\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\t\t\nCommercial real estate\t247\t99\t0\t346\t2614\t2960\t497713\t500673\nAgricultural real estate\t179\t0\t0\t179\t5252\t5431\t67712\t73143\nMulti-family real estate\t0\t0\t0\t0\t148\t148\t109520\t109668\nConstruction and land development\t224\t379\t0\t603\t0\t603\t88735\t89338\nC&I/Agricultural operating:\t\t\t\t\t\t\t\t\nCommercial and industrial\t163\t0\t0\t163\t853\t1016\t103355\t104371\nC&I SBA PPP loans\t0\t0\t0\t0\t0\t0\t139166\t139166\nAgricultural operating\t451\t600\t0\t1051\t1651\t2702\t31256\t33958\nResidential mortgage:\t\t\t\t\t\t\t\t\nResidential mortgage\t2256\t960\t838\t4054\t2302\t6356\t135498\t141854\nPurchased HELOC loans\t0\t67\t94\t161\t234\t395\t6152\t6547\nConsumer installment:\t\t\t\t\t\t\t\t\nOriginated indirect paper\t111\t41\t17\t169\t74\t243\t28293\t28536\nOther Consumer\t63\t15\t1\t79\t26\t105\t14525\t14630\nTotal\t3694\t2161\t950\t6805\t13154\t19959\t1221925\t1241884\nDecember 31 2019\t\t\t\t\t\t\t\t\nCommercial/Agricultural real estate:\t\t\t\t\t\t\t\t\nCommercial real estate\t2804\t847\t0\t3651\t4214\t7865\t506594\t514459\nAgricultural real estate\t509\t0\t0\t509\t7568\t8077\t77286\t85363\nMulti-family real estate\t0\t0\t0\t0\t1449\t1449\t85559\t87008\nConstruction and land development\t436\t0\t0\t436\t42\t478\t85932\t86410\nC&I/Agricultural operating:\t\t\t\t\t\t\t\t\nCommercial and industrial\t1024\t0\t0\t1024\t1850\t2874\t130860\t133734\nAgricultural operating\t73\t49\t0\t122\t1702\t1824\t35956\t37780\nResidential mortgage:\t\t\t\t\t\t\t\t\nResidential mortgage\t4929\t1597\t649\t7175\t2063\t9238\t167094\t176332\nPurchased HELOC loans\t293\t378\t407\t1078\t0\t1078\t7329\t8407\nConsumer installment:\t\t\t\t\t\t\t\t\nOriginated indirect paper\t168\t52\t20\t240\t137\t377\t39208\t39585\nOther Consumer\t204\t43\t28\t275\t31\t306\t17880\t18186\nTotal\t10440\t2966\t1104\t14510\t19056\t33566\t1153698\t1187264\n", "q10k_tbl_23": "\t\t\t\tThree Months Ended\t\tNine Months Ended\t\n\tRecorded Investment\tUnpaid Principal Balance\tRelated Allowance\tAverage Recorded Investment\tInterest Income Recognized\tAverage Recorded Investment\tInterest Income Recognized\nSeptember 30 2020\t\t\t\t\t\t\t\nWith No Related Allowance Recorded:\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t30419\t30419\t0\t30344\t454\t35467\t1374\nC&I/Agricultural operating\t6860\t6860\t0\t7070\t35\t8169\t188\nResidential mortgage\t8715\t8715\t0\t8668\t107\t8705\t356\nConsumer installment\t363\t363\t0\t363\t6\t371\t23\nTotal\t46357\t46357\t0\t46445\t602\t52712\t1941\nWith An Allowance Recorded:\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t3177\t3177\t772\t3597\t48\t2660\t73\nC&I/Agricultural operating\t1034\t1034\t159\t669\t0\t762\t12\nResidential mortgage\t1118\t1118\t249\t970\t7\t1275\t36\nConsumer installment\t3\t3\t1\t9\t0\t35\t0\nTotal\t5332\t5332\t1181\t5245\t55\t4732\t121\nSeptember 30 2020 Totals:\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t33596\t33596\t772\t33941\t502\t38127\t1447\nC&I/Agricultural operating\t7894\t7894\t159\t7739\t35\t8931\t200\nResidential mortgage\t9833\t9833\t249\t9638\t114\t9980\t392\nConsumer installment\t366\t366\t1\t372\t6\t406\t23\nTotal\t51689\t51689\t1181\t51690\t657\t57444\t2062\n", "q10k_tbl_24": "\tRecorded Investment\tUnpaid Principal Balance\tRelated Allowance\nDecember 31 2019\t\t\t\nWith No Related Allowance Recorded:\t\t\t\nCommercial/agriculture real estate\t40514\t40514\t0\nC&I/Agricultural operating\t9477\t9477\t0\nResidential mortgage\t8695\t8695\t0\nConsumer installment\t379\t379\t0\nTotal\t59065\t59065\t0\nWith An Allowance Recorded:\t\t\t\nCommercial/agriculture real estate\t2143\t2143\t495\nC&I/Agricultural operating\t490\t490\t312\nResidential mortgage\t1431\t1431\t136\nConsumer installment\t67\t67\t13\nTotal\t4131\t4131\t956\nDecember 31 2019 Totals\t\t\t\nCommercial/agriculture real estate\t42657\t42657\t495\nC&I/Agricultural operating\t9967\t9967\t312\nResidential mortgage\t10126\t10126\t136\nConsumer installment\t446\t446\t13\nTotal\t63196\t63196\t956\n", "q10k_tbl_25": "\t\t\t\tThree Months Ended\t\tNine Months Ended\t\n\tRecorded Investment\tUnpaid Principal Balance\tRelated Allowance\tAverage Recorded Investment\tInterest Income Recognized\tAverage Recorded Investment\tInterest Income Recognized\nSeptember 30 2019\t\t\t\t\t\t\t\nWith No Related Allowance Recorded:\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t43907\t43907\t0\t36724\t721\t36379\t2212\nC&I/Agricultural operating\t10298\t10298\t0\t9417\t166\t8599\t543\nResidential mortgage\t9016\t9016\t0\t8593\t141\t8945\t370\nConsumer installment\t358\t358\t0\t300\t7\t292\t24\nTotal\t63579\t63579\t0\t55034\t1035\t54215\t3149\nWith An Allowance Recorded:\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t1634\t1634\t205\t1384\t0\t1307\t0\nC&I/Agricultural operating\t541\t541\t252\t576\t0\t284\t11\nResidential mortgage\t1598\t1598\t191\t1340\t24\t1465\t62\nConsumer installment\t62\t62\t15\t85\t0\t104\t2\nTotal\t3835\t3835\t663\t3385\t24\t3160\t75\nSeptember 30 2019 Totals:\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t45541\t45541\t205\t38108\t721\t37686\t2212\nC&I/Agricultural operating\t10839\t10839\t252\t9993\t166\t8883\t554\nResidential mortgage\t10614\t10614\t191\t9933\t165\t10410\t432\nConsumer installment\t420\t420\t15\t385\t7\t396\t26\nTotal\t67414\t67414\t663\t58419\t1059\t57375\t3224\n", "q10k_tbl_26": "\tSeptember 30 2020\tDecember 31 2019\nTroubled debt restructure loans:\t\t\nAccrual status\t12579\t5396\nNon-accrual status\t7199\t7198\nTotal\t19778\t12594\n", "q10k_tbl_27": "\tNumber of Contracts\tMaturity Extension\tModified Payment\tModified Under- writing\tOther\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\tSpecific Reserve\nThree months ended September 30 2020\t\t\t\t\t\t\t\t\nTDRs:\t\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t3\t3550\t0\t276\t0\t3826\t3826\t0\nC&I/Agricultural operating\t2\t3000\t0\t0\t0\t3000\t3000\t0\nResidential mortgage\t8\t59\t500\t32\t0\t591\t591\t0\nConsumer installment\t0\t0\t0\t0\t0\t0\t0\t0\nTotals\t13\t6609\t500\t308\t0\t7417\t7417\t0\n", "q10k_tbl_28": "\tNumber of Contracts\tMaturity Extension\tModified Payment\tModified Under- writing\tOther\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\tSpecific Reserve\nNine months ended September 30 2020\t\t\t\t\t\t\t\t\nTDRs:\t\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t12\t4442\t198\t293\t0\t4933\t4933\t0\nC&I/Agricultural operating\t5\t3295\t78\t0\t0\t3373\t3373\t0\nResidential mortgage\t13\t148\t858\t117\t0\t1123\t1123\t0\nConsumer installment\t2\t3\t0\t4\t0\t7\t7\t0\nTotals\t32\t7888\t1134\t414\t0\t9436\t9436\t0\n", "q10k_tbl_29": "\tNumber of Contracts\tMaturity Extension\tModified Payment\tModified Under- writing\tOther\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\tSpecific Reserve\nThree months ended September 30 2019\t\t\t\t\t\t\t\t\nTDRs:\t\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t7\t1987\t0\t25\t0\t2012\t2012\t0\nC&I/Agricultural operating\t1\t0\t0\t60\t0\t60\t60\t0\nResidential mortgage\t2\t106\t0\t0\t0\t106\t106\t0\nConsumer installment\t0\t0\t0\t0\t0\t0\t0\t0\nTotals\t10\t2093\t0\t85\t0\t2178\t2178\t0\n", "q10k_tbl_30": "\tNumber of Contracts\tMaturity Extension\tModified Payment\tModified Under- writing\tOther\tPre-Modification Outstanding Recorded Investment\tPost-Modification Outstanding Recorded Investment\tSpecific Reserve\nNine months ended September 30 2019\t\t\t\t\t\t\t\t\nTDRs:\t\t\t\t\t\t\t\t\nCommercial/agriculture real estate\t14\t2005\t78\t1215\t0\t3298\t3298\t0\nC&I/Agricultural operating\t7\t165\t364\t469\t0\t998\t998\t0\nResidential mortgage\t9\t431\t0\t171\t0\t602\t602\t0\nConsumer installment\t1\t2\t0\t0\t0\t2\t2\t0\nTotals\t31\t2603\t442\t1855\t0\t4900\t4900\t0\n", "q10k_tbl_31": "\tSeptember 30 2020\t\tSeptember 30 2019\t\n\tNumber of Modifications\tRecorded Investment\tNumber of Modifications\tRecorded Investment\nTroubled debt restructurings:\t\t\t\t\nCommercial/agriculture real estate\t34\t10517\t27\t5917\nC&I/Agricultural operating\t17\t5358\t16\t2366\nResidential mortgage\t50\t3850\t42\t3438\nConsumer installment\t7\t53\t8\t74\nTotal troubled debt restructurings\t108\t19778\t93\t11795\n", "q10k_tbl_32": "\tSeptember 30 2020\t\tSeptember 30 2019\t\n\tNumber of Modifications\tRecorded Investment\tNumber of Modifications\tRecorded Investment\nTroubled debt restructurings:\t\t\t\t\nCommercial/agriculture real estate\t15\t5037\t9\t2343\nC&I/Agricultural operating\t12\t1490\t12\t1914\nResidential mortgage\t8\t672\t3\t344\nTotal troubled debt restructurings\t35\t7199\t24\t4601\n", "q10k_tbl_33": "\tSeptember 30 2020\t\tSeptember 30 2019\t\n\tNumber of Modifications\tRecorded Investment\tNumber of Modifications\tRecorded Investment\nTroubled debt restructurings:\t\t\t\t\nCommercial/agriculture real estate\t0\t0\t2\t120\nResidential mortgage\t2\t234\t0\t0\nTotal troubled debt restructurings\t2\t234\t2\t120\n", "q10k_tbl_34": "\tSeptember 30 2020\t\tSeptember 30 2019\t\n\tNumber of Modifications\tRecorded Investment\tNumber of Modifications\tRecorded Investment\nTroubled debt restructurings:\t\t\t\t\nCommercial/agriculture real estate\t2\t140\t7\t227\nC&I/Agricultural operating\t1\t78\t4\t857\nResidential mortgage\t3\t279\t0\t0\nTotal troubled debt restructurings\t6\t497\t11\t1084\n", "q10k_tbl_35": "\tSeptember 30 2020\tDecember 31 2019\nAccountable for under ASC 310-30 (Purchased Credit Impaired \"PCI\" loans)\t\t\nOutstanding balance\t25083\t38268\nCarrying amount\t23422\t31978\nAccountable for under ASC 310-20 (non-PCI loans)\t\t\nOutstanding balance\t299251\t386476\nCarrying amount\t294201\t383275\nTotal acquired loans\t\t\nOutstanding balance\t324334\t424744\nCarrying amount\t317623\t415253\n", "q10k_tbl_36": "\tSeptember 30 2020\tSeptember 30 2019\nAccretable discount beginning of period\t3201\t3163\nAdditions to accretable discount for acquired performing loans\t0\t814\nAccelerated accretion from payoff of certain PCI loans with transferred non-accretable difference\t(99)\t0\nTransfers from non-accretable difference to accretable discount\t2704\t80\nScheduled accretion\t(756)\t(622)\nAccretable discounts end of period\t5050\t3435\n", "q10k_tbl_37": "\tAs of and for the Nine Months Ended\tAs of and for the Twelve Months Ended\nMortgage servicing rights:\tSeptember 30 2020\tDecember 31 2019\nMortgage servicing assets net; beginning of period\t4541\t4486\nMSR asset acquired\t0\t0\nIncrease in MSR assets resulting from transfers of financial assets\t1546\t904\nAmortization during the period\t(908)\t(849)\n\t5179\t4541\nValuation Allowances:\t\t\nBalance at beginning of period\t(259)\t0\nAdditions\t(1422)\t(259)\nRecoveries\t0\t0\nWrite-downs\t0\t0\nBalance at end of period\t(1681)\t(259)\nMortgage servicing assets net; end of period\t3498\t4282\nFair value of MSR asset; end of period\t3509\t4309\nResidential mortgage loans serviced for others\t555700\t524715\nNet book value of MSR asset to loans serviced for others\t0.63%\t0.82%\n", "q10k_tbl_38": "\tNine Months Ended\t\n\tSeptember 30 2020\tSeptember 30 2019\nSupplemental cash flow information related to leases was as follows:\t\t\nCash paid for amounts included in the measurement of lease liabilities:\t\t\nOperating cash flows from operating leases\t477\t665\nRight-of-use assets obtained in exchange for lease obligations:\t\t\nOperating leases\t0\t158\n\tSeptember 30 2020\tDecember 31 2019\nSupplemental balance sheet information related to leases was as follows:\t\t\nOperating lease right-of-use assets\t2803\t2787\nOperating lease liabilities\t2910\t2845\nWeighted average remaining lease term in years; operating leases\t6.1\t6.63\nWeighted average discount rate; operating leases\t2.63%\t3.07%\n", "q10k_tbl_39": "Fiscal years ending December 31\t\n2020\t161\n2021\t592\n2022\t558\n2023\t505\n2024\t419\nThereafter\t1229\nTotal\t3464\nLess: effects of discounting\t(554)\nLease liability recognized\t2910\n", "q10k_tbl_40": "\tSeptember 30 2020\tDecember 31 2019\nNon-interest bearing demand deposits\t229217\t168157\nInterest bearing demand deposits\t279648\t223102\nSavings accounts\t191511\t156599\nMoney market accounts\t246651\t246430\nCertificate accounts\t323751\t401414\nTotal deposits\t1270778\t1195702\nBrokered deposits included above:\t3250\t50377\n", "q10k_tbl_41": "September 30 2021\t216854\nSeptember 30 2022\t96391\nSeptember 30 2023\t6669\nSeptember 30 2024\t2976\nSeptember 30 2025\t861\nAfter September 30 2025\t0\nTotal\t323751\n", "q10k_tbl_42": "\t\tSeptember 30 2020\t\t\tDecember 31 2019\t\t\n\tStated Maturity\tAmount\tRange of Stated Rates\t\tAmount\tRange of Stated Rates\t\nFederal Home Loan Bank advances (1) (2) (3) (4) (5)\t2020\t1000\t1.76%\t1.76%\t69000\t1.67%\t2.05%\n\t2021\t8000\t-%\t2.16%\t4000\t1.85%\t2.16%\n\t2022\t15000\t2.34%\t2.45%\t15000\t2.34%\t2.45%\n\t2023\t20000\t1.43%\t1.44%\t0\t-%\t-%\n\t2024\t20530\t-%\t1.45%\t530\t-%\t-%\n\t2025\t5000\t1.45%\t1.45%\t0\t-%\t-%\n\t2029\t42500\t1.00%\t1.13%\t42500\t1.00%\t1.13%\n\t2030\t12500\t0.52%\t0.86%\t0\t-%\t-%\nSubtotal\t\t124530\t\t\t131030\t\t\nUnamortized discount on acquired notes\t\t(39)\t\t\t(59)\t\t\nFederal Home Loan Bank advances net\t\t124491\t\t\t130971\t\t\nSenior Notes (6)\t2031\t28856\t3.50%\t3.50%\t28856\t4.00%\t4.75%\nSubordinated Notes (7)\t2027\t15000\t6.75%\t6.75%\t15000\t6.75%\t6.75%\n\t2030\t15000\t6.00%\t6.00%\t\t\t\n\t\t30000\t\t\t\t\t\nUnamortized debt issuance costs\t\t(559)\t\t\t(296)\t\t\nTotal other borrowings\t\t58297\t\t\t43560\t\t\nTotals\t\t182788\t\t\t174531\t\t\n", "q10k_tbl_43": "\tActual\t\tFor Capital Adequacy Purposes\t\t\tTo Be Well Capitalized Under Prompt Corrective Action Provisions\t\t\n\tAmount\tRatio\tAmount\t\tRatio\tAmount\t\tRatio\nAs of September 30 2020\t\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t170610\t15.0%\t91021\t> =\t8.0%\t113776\t> =\t10.0%\nTier 1 capital (to risk weighted assets)\t156388\t13.7%\t68266\t> =\t6.0%\t91021\t> =\t8.0%\nCommon equity tier 1 capital (to risk weighted assets)\t156388\t13.7%\t51199\t> =\t4.5%\t73955\t> =\t6.5%\nTier 1 leverage ratio (to adjusted total assets)\t156388\t9.9%\t63465\t> =\t4.0%\t79331\t> =\t5.0%\nAs of December 31 2019\t\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t160302\t13.1%\t98174\t> =\t8.0%\t122718\t> =\t10.0%\nTier 1 capital (to risk weighted assets)\t149982\t12.2%\t73631\t> =\t6.0%\t98174\t> =\t8.0%\nCommon equity tier 1 capital (to risk weighted assets)\t149982\t12.2%\t55223\t> =\t4.5%\t79767\t> =\t6.5%\nTier 1 leverage ratio (to adjusted total assets)\t149982\t10.4%\t57834\t> =\t4.0%\t72293\t> =\t5.0%\n", "q10k_tbl_44": "\tActual\t\tFor Capital Adequacy Purposes\t\t\tTo Be Well Capitalized Under Prompt Corrective Action Provisions\t\n\tAmount\tRatio\tAmount\t\tRatio\tAmount\tRatio\nAs of September 30 2020\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t163250\t14.3%\t91021\t> =\t8.0%\tN/A\tN/A\nTier 1 capital (to risk weighted assets)\t119028\t10.5%\t68266\t> =\t6.0%\tN/A\tN/A\nCommon equity tier 1 capital (to risk weighted assets)\t119028\t10.5%\t51199\t> =\t4.5%\tN/A\tN/A\nTier 1 leverage ratio (to adjusted total assets)\t119028\t7.5%\t63465\t> =\t4.0%\tN/A\tN/A\nAs of December 31 2019\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t137259\t11.2%\t98174\t> =\t8.0%\tN/A\tN/A\nTier 1 capital (to risk weighted assets)\t111939\t9.1%\t73631\t> =\t6.0%\tN/A\tN/A\nCommon equity tier 1 capital (to risk weighted assets)\t111939\t9.1%\t55223\t> =\t4.5%\tN/A\tN/A\nTier 1 leverage ratio (to adjusted total assets)\t111939\t7.7%\t57834\t> =\t4.0%\tN/A\tN/A\n", "q10k_tbl_45": "\tSeptember 30 2020\t\tDecember 31 2019\t\n\tNumber of Shares\tWeighted Average Grant Price\tNumber of Shares\tWeighted Average Grant Price\nRestricted Shares\t\t\t\t\nUnvested and outstanding at beginning of year\t43457\t12.76\t75407\t13.24\nGranted\t45507\t11.79\t12847\t11.50\nVested\t(14545)\t12.78\t(32630)\t12.89\nForfeited\t0\t0\t(12167)\t13.28\nUnvested and outstanding at end of year\t74419\t12.16\t43457\t12.76\n", "q10k_tbl_46": "\tOption Shares\tWeighted Average Exercise Price\tWeighted Average Remaining Contractual Term\tAggregate Intrinsic Value\nSeptember 30 2020\t\t\t\t\nOutstanding at beginning of year\t78100\t11.18\t\t\nForfeited or expired\t(5000)\t12.77\t\t\nOutstanding at end of year\t73100\t11.08\t5.75\t\nExercisable at end of year\t52900\t10.76\t5.59\t0\nFully vested and expected to vest\t73100\t11.08\t5.75\t0\nDecember 31 2019\t\t\t\t\nOutstanding at beginning of year\t108930\t10.15\t\t\nExercised\t(28430)\t7.12\t\t\nForfeited or expired\t(2400)\t12.38\t\t\nOutstanding at end of year\t78100\t11.18\t6.55\t\nExercisable at end of year\t44700\t10.73\t6.30\t67\nFully vested and expected to vest\t78100\t11.18\t6.55\t81\n", "q10k_tbl_47": "\tFair Value\t\tQuoted Prices in Active Markets for Identical Instruments (Level 1)\tSignificant Other Observable Inputs (Level 2)\tSignificant Unobservable Inputs (Level 3)\nSeptember 30 2020\t\t\t\t\t\nInvestment securities:\t\t\t\t\t\nU.S. government agency obligations\t34379\t\t0\t34379\t0\nObligations of states and political subdivisions\t140\t\t0\t140\t0\nMortgage-backed securities\t51758\t\t0\t51758\t0\nCorporate debt securities\t15364\t\t0\t15364\t0\nCorporate asset-based securities\t35543\t\t0\t35543\t0\nTrust preferred securities\t13724\t\t0\t13724\t0\nTotal\t150908\t150908000\t0\t150908\t0\nDecember 31 2019\t\t\t\t\t\nInvestment securities:\t\t\t\t\t\nU.S. government agency obligations\t51805\t\t0\t51805\t0\nObligations of states and political subdivisions\t281\t\t0\t281\t0\nMortgage-backed securities\t71331\t\t0\t71331\t0\nCorporate debt securities\t18725\t\t0\t18725\t0\nCorporate asset backed securities\t26854\t\t0\t26854\t0\nTrust preferred securities\t11123\t\t0\t11123\t0\nTotal\t180119\t\t0\t180119\t0\n", "q10k_tbl_48": "\tCarrying Value\tQuoted Prices in Active Markets for Identical Instruments (Level 1)\tSignificant Other Observable Inputs (Level 2)\tSignificant Unobservable Inputs (Level 3)\nSeptember 30 2020\t\t\t\t\nForeclosed and repossessed assets net\t812\t0\t0\t812\nImpaired loans with allocated allowances\t4151\t0\t0\t4151\nMortgage servicing rights\t3498\t0\t0\t3509\nTotal\t8461\t0\t0\t8472\nDecember 31 2019\t\t\t\t\nForeclosed and repossessed assets net\t1460\t0\t0\t1460\nImpaired loans with allocated allowances\t3175\t0\t0\t3175\nMortgage servicing rights\t4282\t0\t0\t4309\nTotal\t8917\t0\t0\t8944\n", "q10k_tbl_49": "\tFair Value\tValuation Techniques (1)\tSignificant Unobservable Inputs (2)\tRange\nSeptember 30 2020\t\t\t\t\nForeclosed and repossessed assets net\t812\tAppraisal value\tEstimated costs to sell\t10 - 15%\nImpaired loans with allocated allowances\t4151\tAppraisal value\tEstimated costs to sell\t10 - 15%\nMortgage servicing rights\t3509\tDiscounted cash flows\tDiscounted rates\t9 - 12%\nDecember 31 2019\t\t\t\t\nForeclosed and repossessed assets net\t1460\tAppraisal value\tEstimated costs to sell\t10 - 15%\nImpaired loans with allocated allowances\t3175\tAppraisal value\tEstimated costs to sell\t10 - 15%\nMortgage servicing rights\t4309\tDiscounted cash flows\tDiscounted rates\t9.5% - 12.5%\n", "q10k_tbl_50": "\t\tSeptember 30 2020\t\tDecember 31 2019\t\n\tValuation Method Used\tCarrying Amount\tEstimated Fair Value\tCarrying Amount\tEstimated Fair Value\nFinancial assets:\t\t\t\t\t\nCash and cash equivalents\t(Level I)\t115474\t115474\t55840\t55840\nOther interest-bearing deposits\t(Level II)\t3752\t3838\t4744\t4792\nSecurities available for sale \"AFS\"\t(Level II)\t150908\t150908\t180119\t180119\nSecurities held to maturity \"HTM\"\t(Level II)\t16927\t17233\t2851\t2957\nEquity securities with readily determinable fair value\t(Level I)\t187\t187\t246\t246\nOther investments\t(Level II)\t15075\t15075\t15005\t15005\nLoans receivable net\t(Level III)\t1215303\t1204923\t1167060\t1161660\nLoans held for sale\t(Level II)\t4938\t4938\t5893\t5893\nMortgage servicing rights\t(Level III)\t3498\t3509\t4282\t4309\nAccrued interest receivable\t(Level 1)\t5829\t5829\t4738\t4738\nFinancial liabilities:\t\t\t\t\t\nDeposits\t(Level III)\t1270778\t1275000\t1195702\t1192777\nFHLB advances\t(Level II)\t124491\t129798\t130971\t131593\nOther borrowings\t(Level I)\t58297\t58297\t43560\t43560\nAccrued interest payable\t(Level I)\t517\t517\t453\t453\n", "q10k_tbl_51": "\tThree months ended\t\t\t\t\t\n\tSeptember 30 2020\t\t\tSeptember 30 2019\t\t\n\tBefore-Tax Amount\tTax Expense\tNet-of-Tax Amount\tBefore-Tax Amount\tTax Expense\tNet-of-Tax Amount\nUnrealized gains on securities:\t\t\t\t\t\t\nNet unrealized gains arising during the period\t1220\t(335)\t885\t440\t(121)\t319\nReclassification adjustment for gains included in net income\t0\t0\t0\t0\t0\t0\nOther comprehensive income\t1220\t(335)\t885\t440\t(121)\t319\n", "q10k_tbl_52": "\tNine months ended\t\t\t\t\t\n\tSeptember 30 2020\t\t\tSeptember 30 2019\t\t\n\tBefore-Tax Amount\tTax Expense\tNet-of-Tax Amount\tBefore-Tax Amount\tTax Expense\tNet-of-Tax Amount\nUnrealized gains on securities:\t\t\t\t\t\t\nNet unrealized gains arising during the period\t2052\t(564)\t1488\t3003\t(826)\t2177\nReclassification adjustment for gains included in net income\t(156)\t43\t(113)\t(26)\t7\t(19)\nOther comprehensive income\t1896\t(521)\t1375\t2977\t(819)\t2158\n", "q10k_tbl_53": "\tUnrealized Gains (Losses) on Securities\tOther Accumulated Comprehensive Income (Loss) net of tax\nBeginning Balance January 1 2019\t(2540)\t(1841)\nCurrent year-to-date other comprehensive income\t1953\t1415\nAdoption of ASU 2016-01; Equity securities (1)\t(62)\t(45)\nEnding balance December 31 2019\t(649)\t(471)\nCurrent year-to-date other comprehensive income\t1896\t1375\nEnding balance September 30 2020\t1247\t904\n", "q10k_tbl_54": "\tAmounts Reclassified from Accumulated Other Comprehensive Income (Loss)\t\t\t\nDetails about Accumulated Other Comprehensive Income (Loss) Components\tThree months ended September 30 2020\tNine months ended September 30 2020\t(1)\tAffected Line Item on the Statement of Operations\nUnrealized gains and losses\t\t\t\t\nSale of securities\t0\t156\t\tNet gains on investment securities\nTax Effect\t0\t(43)\t\tProvision for income taxes\nTotal reclassifications for the period\t0\t113\t\tNet gain attributable to common shareholders\n", "q10k_tbl_55": "\tThree months ended September 30 2020\t\t\tThree months ended September 30 2019\t\t\n\tAverage Balance\tInterest Income/ Expense\tAverage Yield/ Rate (1)\tAverage Balance\tInterest Income/ Expense\tAverage Yield/ Rate (1)\nAverage interest earning assets:\t\t\t\t\t\t\nCash and cash equivalents\t77774\t18\t0.09%\t32376\t203\t2.49%\nLoans\t1258224\t14154\t4.48%\t1143252\t14646\t5.08%\nInterest-bearing deposits\t3752\t23\t2.44%\t5577\t34\t2.42%\nInvestment securities (1)\t166622\t846\t2.02%\t185921\t1174\t2.56%\nOther investments\t15145\t177\t4.65%\t13072\t166\t5.04%\nTotal interest earning assets (1)\t1521517\t15218\t3.98%\t1380198\t16223\t4.67%\nAverage interest-bearing liabilities:\t\t\t\t\t\t\nSavings accounts\t183381\t98\t0.21%\t158967\t155\t0.39%\nDemand deposits\t285993\t231\t0.32%\t219955\t550\t0.99%\nMoney market\t255160\t280\t0.44%\t200647\t593\t1.17%\nCD's\t297691\t1469\t1.96%\t381331\t1870\t1.95%\nIRA's\t41852\t177\t1.68%\t44184\t203\t1.82%\nTotal deposits\t1064077\t2255\t0.84%\t1005084\t3371\t1.33%\nFHLB Advances and other borrowings\t173758\t1054\t2.41%\t169908\t1259\t2.94%\nTotal interest-bearing liabilities\t1237835\t3309\t1.06%\t1174992\t4630\t1.56%\nNet interest income\t\t11909\t\t\t11593\t\nInterest rate spread\t\t\t2.92%\t\t\t3.11%\nNet interest margin (1)\t\t\t3.11%\t\t\t3.34%\nAverage interest earning assets to average interest-bearing liabilities\t\t\t1.23\t\t\t1.17\n", "q10k_tbl_56": "\tNine months ended September 30 2020\t\t\tNine months ended September 30 2019\t\t\n\tAverage Balance\tInterest Income/ Expense\tAverage Yield/ Rate (1)\tAverage Balance\tInterest Income/ Expense\tAverage Yield/ Rate (1)\nAverage interest earning assets:\t\t\t\t\t\t\nCash and cash equivalents\t42946\t141\t0.44%\t29489\t542\t2.46%\nLoans\t1232678\t44300\t4.8%\t1054492\t40036\t5.08%\nInterest-bearing deposits\t3967\t73\t2.46%\t6153\t107\t2.33%\nInvestment securities (1)\t173595\t2965\t2.28%\t167023\t3119\t2.58%\nOther investments\t15104\t533\t4.71%\t11853\t473\t5.34%\nTotal interest earning assets (1)\t1468290\t48012\t4.37%\t1269010\t44277\t4.68%\nAverage interest-bearing liabilities:\t\t\t\t\t\t\nSavings accounts\t169754\t348\t0.27%\t156851\t479\t0.41%\nDemand deposits\t262748\t865\t0.44%\t200387\t1288\t0.86%\nMoney market\t244965\t1240\t0.68%\t172671\t1423\t1.10%\nCD's\t326776\t5021\t2.05%\t348139\t5163\t1.98%\nIRA's\t42221\t568\t1.80%\t41576\t537\t1.73%\nTotal deposits\t1046464\t8042\t1.03%\t919624\t8890\t1.29%\nFHLB Advances and other borrowings\t185256\t3087\t2.23%\t153960\t3649\t3.17%\nTotal interest-bearing liabilities\t1231720\t11129\t1.21%\t1073584\t12539\t1.56%\nNet interest income\t\t36883\t\t\t31738\t\nInterest rate spread\t\t\t3.16%\t\t\t3.12%\nNet interest margin (1)\t\t\t3.36%\t\t\t3.35%\nAverage interest earning assets to average interest-bearing liabilities\t\t\t1.19\t\t\t1.18\n", "q10k_tbl_57": "\tIncrease (decrease) due to\t\t\n\tVolume\tRate\tNet\nInterest income:\t\t\t\nCash and cash equivalents\t181\t(366)\t(185)\nLoans\t1393\t(1885)\t(492)\nInterest-bearing deposits\t(11)\t0\t(11)\nInvestment securities\t(115)\t(213)\t(328)\nOther investments\t25\t(14)\t11\nTotal interest earning assets\t1473\t(2478)\t(1005)\nInterest expense:\t\t\t\nSavings accounts\t21\t(78)\t(57)\nDemand deposits\t136\t(455)\t(319)\nMoney market accounts\t135\t(448)\t(313)\nCD's\t(413)\t12\t(401)\nIRA's\t(10)\t(16)\t(26)\nTotal deposits\t(131)\t(985)\t(1116)\nFHLB Advances and other borrowings\t28\t(233)\t(205)\nTotal interest bearing liabilities\t(103)\t(1218)\t(1321)\nNet interest income\t1576\t(1260)\t316\n", "q10k_tbl_58": "\tIncrease (decrease) due to\t\t\n\tVolume\tRate\tNet\nInterest income:\t\t\t\nCash and cash equivalents\t191\t(592)\t(401)\nLoans\t6504\t(2240)\t4264\nInterest-bearing deposits\t(40)\t6\t(34)\nInvestment securities\t123\t(277)\t(154)\nOther investments\t120\t(60)\t60\nTotal interest earning assets\t6898\t(3163)\t3735\nInterest expense:\t\t\t\nSavings accounts\t37\t(168)\t(131)\nDemand deposits\t337\t(760)\t(423)\nMoney market accounts\t497\t(680)\t(183)\nCD's\t(324)\t182\t(142)\nIRA's\t8\t23\t31\nTotal deposits\t555\t(1403)\t(848)\nFHLB Advances and other borrowings\t662\t(1224)\t(562)\nTotal interest bearing liabilities\t1217\t(2627)\t(1410)\nNet interest income\t5681\t(536)\t5145\n", "q10k_tbl_59": "\tThree months ended September 30\t\t\tNine months ended September 30\t\t\n\t2020\t2019\t% Change\t2020\t2019\t% Change\nNon-interest Income:\t\t\t\t\t\t\nService charges on deposit accounts\t431\t625\t(31.04)%\t1336\t1756\t(23.92)%\nInterchange income\t556\t476\t16.81%\t1509\t1267\t19.10%\nLoan servicing income\t1144\t714\t60.22%\t3144\t1902\t65.30%\nGain on sale of loans\t1987\t679\t192.64%\t4585\t1560\t193.91%\nLoan fees and service charges\t320\t471\t(32.06)%\t1041\t860\t21.05%\nInsurance commission income\t0\t197\t(100.00)%\t475\t573\t(17.10)%\nNet gains on investment securities\t(1)\t96\t(101.04)%\t97\t151\t(35.76)%\nNet gain on sale of branch\t0\t0\tN/M\t0\t2295\tN/M\nNet gain on sale of acquired business lines\t180\t0\tN/M\t432\t0\tN/M\nSettlement proceeds\t0\t0\tN/M\t131\t0\tN/M\nOther\t445\t363\t22.59%\t928\t827\t12.21%\nTotal non-interest income\t5062\t3621\t39.80%\t13678\t11191\t22.22%\n", "q10k_tbl_60": "\tThree months ended September 30\t\t\tNine months ended September 30\t\t\n\t2020\t2019\t% Change\t2020\t2019\t% Change\nNon-interest Expense:\t\t\t\t\t\t\nCompensation and related benefits\t5538\t5295\t4.59%\t16881\t14605\t15.58%\nOccupancy\t993\t905\t9.72%\t2898\t2725\t6.35%\nOffice\t532\t599\t(11.19)%\t1650\t1649\t0.06%\nData processing\t1145\t1092\t4.85%\t3165\t2953\t7.18%\nAmortization of intangible assets\t399\t412\t(3.16)%\t1223\t1085\t12.72%\nMortgage servicing rights expense\t603\t325\t85.54%\t2330\t822\t183.45%\nAdvertising marketing and public relations\t260\t315\t(17.46)%\t802\t974\t(17.66)%\nFDIC premium assessment\t188\t78\t141.03%\t436\t318\t37.11%\nProfessional services\t434\t561\t(22.64)%\t1391\t1961\t(29.07)%\nGains on repossessed assets net\t(105)\t(16)\t(556.25)%\t(195)\t(143)\t(36.36)%\nOther\t737\t3409\t(78.38)%\t2266\t5309\t(57.32)%\nTotal non-interest expense\t10724\t12975\t(17.35)%\t32847\t32258\t1.83%\nNon-interest expense (annualized) / Average assets\t2.62%\t3.54%\t(25.95)%\t2.78%\t3.15%\t(11.88)%\n", "q10k_tbl_61": "Securities available for sale\tAmortized Cost\tFair Value\nSeptember 30 2020\t\t\nU.S. government agency obligations\t34059\t34379\nObligations of states and political subdivisions\t140\t140\nMortgage-backed securities\t49870\t51758\nCorporate debt securities\t15211\t15364\nCorporate asset-based securities\t36443\t35543\nTrust preferred securities\t13938\t13724\nTotals\t149661\t150908\nDecember 31 2019\t\t\nU.S. government agency obligations\t52020\t51805\nObligations of states and political subdivisions\t281\t281\nMortgage backed securities\t70806\t71331\nCorporate debt securities\t18776\t18725\nCorporate asset-based securities\t27718\t26854\nTrust preferred securities\t11167\t11123\nTotals\t180768\t180119\n", "q10k_tbl_62": "Securities held to maturity\tAmortized Cost\tFair Value\nSeptember 30 2020\t\t\nObligations of states and political subdivisions\t300\t300\nMortgage-backed securities\t16627\t16933\nTotals\t16927\t17233\nDecember 31 2019\t\t\nObligations of states and political subdivisions\t300\t302\nMortgage-backed securities\t2551\t2655\nTotals\t2851\t2957\n", "q10k_tbl_63": "\tSeptember 30 2020\t\tDecember 31 2019\t\nAvailable for sale securities\tAmortized Cost\tFair Value\tAmortized Cost\tFair Value\nAgency\t83929\t86135\t122826\t123136\nAAA\t11185\t10885\t4383\t4245\nAA\t25398\t24798\t23475\t22749\nA\t6909\t7019\t18776\t18725\nBBB\t22240\t22071\t11167\t11123\nNon-rated\t0\t0\t141\t141\nTotal available for sale securities\t149661\t150908\t180768\t180119\n", "q10k_tbl_64": "\tSeptember 30 2020\t\tDecember 31 2019\t\nSecurities held to maturity\tAmortized Cost\tFair Value\tAmortized Cost\tFair Value\nU.S. government agency\t16627\t16933\t2551\t2655\nAA\t125\t125\t125\t126\nNon-rated\t175\t175\t175\t176\nTotal\t16927\t17233\t2851\t2957\n", "q10k_tbl_65": "\tSeptember 30 2020\tDecember 31 2019\n\tAmount\tAmount\nReal estate loans:\t\t\nCommercial/agricultural real estate\t\t\nCommercial real estate\t500673\t514459\nAgricultural real estate\t73143\t85363\nMulti-family real estate\t109668\t87008\nConstruction and land development\t89338\t86410\nResidential mortgage\t\t\nResidential mortgage\t141854\t176332\nPurchased HELOC loans\t6547\t8407\nTotal real estate loans\t921223\t957979\nC&I/Agricultural operating and Consumer Installment Loans:\t\t\nC&I/Agricultural operating\t\t\nCommercial and industrial (\"C&I\")\t104372\t133734\nAgricultural operating\t33958\t37780\nConsumer installment\t\t\nOriginated indirect paper\t28535\t39585\nOther Consumer\t14630\t18186\nTotal C&I/Agricultural operating and Consumer installment Loans\t181495\t229285\nGross loans before C&I SBA PPP loans\t1102718\t1187264\nSBA PPP loans\t139166\t0\nGross loans\t1241884\t1187264\nUnearned net deferred fees and costs and loans in process\t(5033)\t(393)\nUnamortized discount on acquired loans\t(6712)\t(9491)\nTotal loans (net of unearned income and deferred expense)\t1230139\t1177380\nAllowance for loan losses\t(14836)\t(10320)\nTotal loans receivable net\t1215303\t1167060\n", "q10k_tbl_66": "\tSeptember 30 2020\tJune 30 2020\tDecember 31 2019\tSeptember 30 2019\nLoans end of period\t1230139\t1281175\t1177380\t1134708\nSBA PPP loans net of deferred fees\t(135177)\t(132800)\t0\t0\nLoans net of SBA PPP loans and deferred fees\t1094962\t1148375\t1177380\t1134708\nAllowance for loan losses\t14836\t13373\t10320\t9177\nALL to loans net of SBA PPP loans and deferred fees\t1.35%\t1.16%\t0.88%\t0.81%\nALL to loans end of period\t1.21%\t1.04%\t0.88%\t0.81%\n", "q10k_tbl_67": "\tSeptember 30 2020 and Nine Months Then Ended\tDecember 31 2019 and Twelve Months Then Ended\nNonperforming assets:\t\t\nNonaccrual loans\t\t\nCommercial real estate\t2762\t5705\nAgricultural real estate\t5252\t7568\nCommercial and industrial\t853\t1850\nAgricultural operating\t1651\t1702\nResidential mortgage\t2536\t2063\nConsumer installment\t100\t168\nTotal nonaccrual loans\t13154\t19056\nAccruing loans past due 90 days or more\t950\t1104\nTotal nonperforming loans (\"NPLs\")\t14104\t20160\nOther real estate owned\t756\t1429\nOther collateral owned\t56\t31\nTotal nonperforming assets (\"NPAs\")\t14916\t21620\nTroubled Debt Restructurings (\"TDRs\")\t19778\t12594\nAccruing TDR's\t12579\t5396\nNonaccrual TDRs\t7199\t7198\nAverage outstanding loan balance\t1232678\t1074952\nLoans end of period\t1230139\t1177380\nTotal assets end of period\t1622593\t1531249\nALL at beginning of period\t10320\t7604\nLoans charged off:\t\t\nCommercial/Agricultural real estate\t0\t(381)\nC&I/Agricultural operating\t(791)\t0\nResidential mortgage\t(78)\t(239)\nConsumer installment\t(126)\t(291)\nTotal loans charged off\t(995)\t(911)\nRecoveries of loans previously charged off:\t\t\nCommercial/Agricultural real estate\t149\t3\nC&I/Agricultural operating\t33\t1\nResidential mortgage\t20\t5\nConsumer installment\t59\t93\nTotal recoveries of loans previously charged off:\t261\t102\nNet loans charged off (\"NCOs\")\t(734)\t(809)\nAdditions to ALL via provision for loan losses charged to operations\t5250\t3525\nALL at end of period\t14836\t10320\nRatios:\t\t\nALL to NCOs (annualized)\t1515.94%\t1275.65%\nNCOs (annualized) to average loans\t0.08%\t0.08%\nALL to total loans\t1.21%\t0.88%\nNPLs to total loans\t1.15%\t1.71%\nNPAs to total assets\t0.92%\t1.41%\n", "q10k_tbl_68": "\tSeptember 30 2020 and Three Months Ended\tDecember 31 2019 and Three Months Ended\tSeptember 30 2019 and Three Months Ended\nNonperforming assets:\t\t\t\nOriginated nonperforming assets:\t\t\t\nNonaccrual loans\t3255\t4285\t4816\nAccruing loans past due 90 days or more\t698\t946\t842\nTotal originated nonperforming loans (\"NPL\")\t3953\t5231\t5658\nOther real estate owned (\"OREO\")\t352\t441\t195\nOther collateral owned\t56\t28\t25\nTotal originated nonperforming assets (\"NPAs\")\t4361\t5700\t5878\nAcquired nonperforming assets:\t\t\t\nNonaccrual loans\t9899\t14771\t14206\nAccruing loans past due 90 days or more\t252\t158\t257\nTotal acquired nonperforming loans (\"NPL\")\t10151\t14929\t14463\nOther real estate owned (\"OREO\")\t404\t988\t1153\nOther collateral owned\t0\t3\t0\nTotal acquired nonperforming assets (\"NPAs\")\t10555\t15920\t15616\nTotal nonperforming assets (\"NPAs\")\t14916\t21620\t21494\nLoans end of period\t1230139\t1177380\t1124378\nTotal assets end of period\t1622593\t1531249\t1475364\nRatios:\t\t\t\nOriginated NPLs to total loans\t0.32%\t0.44%\t0.50%\nAcquired NPLs to total loans\t0.83%\t1.27%\t1.29%\nOriginated NPAs to total assets\t0.27%\t0.37%\t0.40%\nAcquired NPAs to total assets\t0.65%\t1.04%\t1.06%\n", "q10k_tbl_69": "\tQuarter Ended\t\t\t\t\n\tSeptember 30 2020\tJune 30 2020\tMarch 31 2020\tDecember 31 2019\tSeptember 30 2019\nBalance beginning of period\t14787\t16090\t19056\t19022\t13612\nAdditions\t716\t1907\t1811\t2641\t1493\nAcquired nonaccrual loans\t0\t0\t0\t0\t5898\nCharge offs\t(141)\t(175)\t(452)\t(198)\t(134)\nTransfers to OREO\t(172)\t0\t(1100)\t(425)\t(209)\nReturn to accrual status\t(165)\t(1702)\t(120)\t(14)\t(53)\nPayments received\t(1744)\t(1292)\t(2887)\t(1957)\t(1539)\nOther net\t(127)\t(41)\t(218)\t(13)\t(46)\nBalance end of period\t13154\t14787\t16090\t19056\t19022\n", "q10k_tbl_70": "\tSeptember 30 2020\t\tDecember 31 2019\t\tSeptember 30 2019\t\n\tNumber of Modifications\tRecorded Investment\t\tNumber of Modifications\tRecorded Investment\tNumber of Modifications\t\t\t\tRecorded Investment\t\t\nTroubled debt restructurings: Accrual Status\t\t\t\t\t\t\t\t\t\t\t\t\nCommercial/Agricultural real estate\t19\t5480\t\t14\t1730\t14\t\t\t\t2202\t\t\nC&I/Agricultural operating\t5\t3868\t\t2\t366\t4\t\t\t\t478\t\t\nResidential mortgage\t42\t3178\t\t40\t3233\t39\t\t\t\t3137\t\t\nConsumer installment\t7\t53\t\t7\t67\t11\t\t\t\t82\t\t\nTotal loans\t73\t12579\t\t63\t5396\t68\t\t\t\t5899\t\t\n", "q10k_tbl_71": "\t(in thousands)\t\t\t\t\n\tSeptember 30 2020\tJune 30 2020\tMarch 31 2020\tDecember 31 2019\tSeptember 30 2019\nSpecial mention loan balances\t7777\t19958\t19387\t10856\t12959\nSubstandard loan balances\t32922\t35911\t38393\t39892\t38527\nCriticized loans end of period\t40699\t55869\t57780\t50748\t51486\n", "q10k_tbl_72": "\t(in thousands)\t\t\t\t\n\tSeptember 30 2020\tJune 30 2020\tMarch 31 2020\tDecember 31 2019\tSeptember 30 2019\nNon-accretable difference beginning of period\t3355\t4327\t6290\t6737\t3889\nAdditions to non-accretable difference for acquired purchased credit impaired loans\t0\t0\t0\t(170)\t2898\nNon-accretable difference realized as interest from payoffs of purchased credit impaired loans\t(130)\t(196)\t(1043)\t(271)\t(50)\nTransfers from non-accretable difference to accretable discount.\t(1294)\t(741)\t(669)\t0\t0\nNon-accretable difference used to reduce loan principal balance\t(270)\t(35)\t0\t0\t0\nNon-accretable difference transferred to OREO due to loan foreclosure\t0\t0\t(251)\t(6)\t0\nNon-accretable difference end of period\t1661\t3355\t4327\t6290\t6737\n", "q10k_tbl_73": "\tSeptember 30 2020\tDecember 31 2019\nNon-interest bearing demand deposits\t229217\t168157\nInterest bearing demand deposits\t279648\t223102\nSavings accounts\t191511\t156599\nMoney market accounts\t246651\t246430\nCertificate accounts\t323751\t401414\nTotal deposits\t1270778\t1195702\n", "q10k_tbl_74": "\tActual\t\tFor Capital Adequacy Purposes\t\t\tTo Be Well Capitalized Under Prompt Corrective Action Provisions\t\t\n\tAmount\tRatio\tAmount\t\tRatio\tAmount\t\tRatio\nAs of September 30 2020 (Unaudited)\t\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t170610\t15.0%\t91021\t> =\t8.0%\t113776\t> =\t10.0%\nTier 1 capital (to risk weighted assets)\t156388\t13.7%\t68266\t> =\t6.0%\t91021\t> =\t8.0%\nCommon equity tier 1 capital (to risk weighted assets)\t156388\t13.7%\t51199\t> =\t4.5%\t73955\t> =\t6.5%\nTier 1 leverage ratio (to adjusted total assets)\t156388\t9.9%\t63465\t> =\t4.0%\t79331\t> =\t5.0%\nAs of December 31 2019 (Audited)\t\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t160302\t13.1%\t98174\t> =\t8.0%\t122718\t> =\t10.0%\nTier 1 capital (to risk weighted assets)\t149982\t12.2%\t73631\t> =\t6.0%\t98174\t> =\t8.0%\nCommon equity tier 1 capital (to risk weighted assets)\t149982\t12.2%\t55223\t> =\t4.5%\t79767\t> =\t6.5%\nTier 1 leverage ratio (to adjusted total assets)\t149982\t10.4%\t57834\t> =\t4.0%\t72293\t> =\t5.0%\n", "q10k_tbl_75": "\tActual\t\tFor Capital Adequacy Purposes\t\t\tTo Be Well Capitalized Under Prompt Corrective Action Provisions\t\n\tAmount\tRatio\tAmount\t\tRatio\tAmount\tRatio\nAs of September 30 2020 (Unaudited)\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t163250\t14.3%\t91021\t> =\t8.0%\tN/A\tN/A\nTier 1 capital (to risk weighted assets)\t119028\t10.5%\t68266\t> =\t6.0%\tN/A\tN/A\nCommon equity tier 1 capital (to risk weighted assets)\t119028\t10.5%\t51199\t> =\t4.5%\tN/A\tN/A\nTier 1 leverage ratio (to adjusted total assets)\t119028\t7.5%\t63465\t> =\t4.0%\tN/A\tN/A\nAs of December 31 2019 (Audited)\t\t\t\t\t\t\t\nTotal capital (to risk weighted assets)\t137259\t11.2%\t98174\t> =\t8.0%\tN/A\tN/A\nTier 1 capital (to risk weighted assets)\t111939\t9.1%\t73631\t> =\t6.0%\tN/A\tN/A\nCommon equity tier 1 capital (to risk weighted assets)\t111939\t9.1%\t55223\t> =\t4.5%\tN/A\tN/A\nTier 1 leverage ratio (to adjusted total assets)\t111939\t7.7%\t57834\t> =\t4.0%\tN/A\tN/A\n", "q10k_tbl_76": "\tPercent Change in Economic Value of Equity (EVE)\t\nChange in Interest Rates in Basis Points (\"bp\") Rate Shock in Rates (1)\tAt September 30 2020\tAt December 31 2019\n+300 bp\t7%\t1%\n+200 bp\t4%\t2%\n+100 bp\t1%\t1%\n-100 bp\t11%\t(2)%\n", "q10k_tbl_77": "\tPercent Change in Net Interest Income Over One Year Horizon\t\nChange in Interest Rates in Basis Points (\"bp\") Rate Shock in Rates (1)\tAt September 30 2020\tAt December 31 2019\n+300 bp\t4%\t(5)%\n+200 bp\t3%\t(4)%\n+100 bp\t1%\t(2)%\n-100 bp\t-%\t1%\n", "q10k_tbl_78": "4.1\tForm of Subordinated Note Purchase Agreement (incorporated by reference to Exhibit 4.1 to the Company's current report on Form 8-K filed on August 27 2020 (File No. 001-33003)).\n4.2\tForm of Subordinated Note (incorporated by reference to Exhibit 4.2 to the Company's current report on Form 8-K filed on August 27 2020 (File No. 001-33003)).\n10.1\tBusiness Note dated October 22 2020 issued by Citizens Community Bancorp Inc. to Chippewa Valley Bank (filed herewith).\n31.1\tRule 13a-14(a) Certification of the Company's Chief Executive Officer\n31.2\tRule 13a-14(a) Certification of the Company's Chief Financial Officer\n32.1*\tCertification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350 (Section 906 of the Sarbanes-Oxley Act of 2002).\n101\tThe following financial statements from the Company's Quarterly Report on Form 10-Q for the quarter ended September 30 2020 formatted in Inline XBRL: (i) Consolidated Balance Sheets (ii) Consolidated Statements of Operations (iii) Consolidated Statements of Comprehensive Income (iv) Consolidated Statements of Changes in Stockholders' Equity (v) Consolidated Statements of Cash Flows and (vi) Notes to Consolidated Financial Statements tagged as blocks of text and including detailed tags.\n104\tCover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)\n"}{"bs": "q10k_tbl_2", "is": "q10k_tbl_3", "cf": "q10k_tbl_7"}None
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2020
OR
☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 001-33003
CITIZENS COMMUNITY BANCORP, INC.
(Exact name of registrant as specified in its charter)
Maryland
20-5120010
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification Number)
2174 EastRidge Center
Eau Claire, WI54701
(Address and Zip Code of principal executive offices)
715-836-9994
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $.01 par value per share
CZWI
NASDAQ Global Market
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act:
Large accelerated filer
☐
Accelerated filer
☒
Non-accelerated filer
☐
Smaller reporting company
☒
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐No ☒
APPLICABLE ONLY TO CORPORATE ISSUERS
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:
At November 6, 2020 there were 11,154,563 shares of the registrant’s common stock, par value $0.01 per share, outstanding.