NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 5. LOANS, continued A loan’s risk grade is assigned at the inception of the loan and is based on the financial strength of the borrower aa ns dp at hr te ot yf pt he eo Cf oc oml lpaat enrya’ sl . oLnogaoni nrgi slko agnr ardeevsi eawr e psruobcjeescst. t oL or ae na ss swe si st hm ae nn taas ts ivganrei od ursi stki mger as dt he roofu7g hoorubt et lhoewy ae raer rpelaacsesdesasgeadinosnt aceqrutaairntelorlaynbsawsihsi.chDuarreincgotnhsiisderereadssiemsspmaiernetd.process individual reserves may be identified and Loans are considered past due if the required principal and interest payments have not been received as of the dp aa tyem seunct hs bpeacyommeen9t s0 wd aeyr se pdauset . d uGeeonre rwa hl l eyn, , l oi na nms a an raeg epml aecnetd’ s oonp i nn ioonna, ctchreu ab lo rsrt oa twues r i mf pa yr i nb ec i pu anla bolre itnot emr ee es tt pp laaycme de not no nb loi ng aa tcicornusa la ss t taht euys br eegc aormd el e sdsu eo, f aws hwe et hl le ar sowr hneont sr eu qc hu i rl oe adnbs ya rr ee gcuol antsoi dr ye rpe rdo vpiassi ot nd. uLeo. a nI ns t emr ae ys t bies accrued but not recognized as income on nonaccrual loans. The following table represents an age analysis of past due loans and nonaccrual loans, segregated by class of loans, as of December 31, 2025 and 2024. Accruing Loans Total 90 Days Accruing 30 Ǧ 89 Days or More Loans Nonaccrual Current Total December 31, 2025 Past Due Past Due Past Due Loans Loans Loans Commercial $ 7,854,264 $ 1,616,911 $ 9,471,175 $ 990,536 $ 187,362,517 $ 197,824,228 Commercial real estate 4,481,608 912,078 5,393,686 152,392 825,540,183 831,086,261 Construction and land development 1,412,008 183,217 1,595,225 84,701 372,422,613 374,102,539 Agriculture 3,588,061 1,156,544 4,744,605 6,028,702 1,022,940,447 1,033,713,754 Residential real estate 6,410,454 1,658,552 8,069,006 18,268 776,338,057 784,425,331 Consumer 490,781 12,808 503,589 102,932 50,343,370 50,949,891 Other 29,338 - 29,338 - 180,052,378 180,081,716 Total loans $ 24,266,514 $ 5,540,110 $ 29,806,624 $ 7,377,531 $ 3,414,999,565 $ 3,452,183,720 Accruing Loans Total 90 Days Accruing 30 Ǧ 89 Days or More Loans Nonaccrual Current Total December 31, 2024 Past Due Past Due Past Due Loans Loans Loans Commercial $ 1,295,220 $ 230,524 $ 1,525,744 $ 318,826 $ 227,193,379 $ 229,037,949 Commercial real estate 1,390,830 203,168 1,593,998 - 885,596,954 887,190,952 Construction and land development 2,230,968 27,276 2,258,244 108,118 306,393,013 308,759,375 Agriculture 2,970,152 771,095 3,741,247 594,242 911,934,865 916,270,354 Residential real estate 5,145,854 974,162 6,120,016 92,285 676,606,585 682,818,886 Consumer 289,042 56,825 345,867 19,837 39,602,554 39,968,258 Other 157,014 - 157,014 7,144,811 166,256,162 173,557,987 Total loans $ 13,479,080 $ 2,263,050 $ 15,742,130 $ 8,278,119 $ 3,213,583,512 $ 3,237,603,761
2025 Annual Report | 37
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