NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 5. LOANS, continued The following tables detail activity in the allowance for loan losses, segregated by class of loan, for the years ep nr edceldu dDeeict es ma cbt ei vr i t3y1t, o2a0b2s5o rabn dl o s2s0e2s4i .n oAtl hl oecraltoi oa nn cpaotretgi oo nr i eosf at hn ed pa lel or iwo da inccael l yt omoanye r ceas tuel gt oi nr yr eoaf l lloocaantsi odnowe si t nh oi nt the provision categories. Beginning Charge Ǧ Ending December 31, 2025 Balance Offs Recoveries Provision Balance Commercial $ 1,949,205 $ 4,418,420 $ 50,412 $ 8,095,454 $ 5,676,651 Commercial real estate 6,722,689 - 62,488 2,733,070 9,518,247 Construction and land development 13,065,223 - - (8,788,676) 4,276,547 Agriculture 15,039,458 1,401,005 90,710 (2,178,053) 11,551,110 Residential real estate 4,756,137 46,269 10,863 4,251,876 8,972,607 Consumer 576,417 80,147 3,154 87,395 586,819 Bounce Protection 101,311 384,514 169,069 177,260 63,126 Other (1,073,136) 7,063,408 1,508 10,083,264 1,948,228 $ 41,137,304 $ 13,393,763 $ 388,204 $ 14,461,590 $ 42,593,335 Beginning Charge Ǧ Ending December 31, 2024 Balance Offs Recoveries Provision Balance Commercial $ 2,412,699 $ 818,208 $ 57,593 $ 297,121 $ 1,949,205 Commercial real estate 5,975,867 411,732 7,640 1,150,914 6,722,689 Construction and land development 12,664,683 - - 400,540 13,065,223 Agriculture 13,849,621 - 1,200 1,188,637 15,039,458 Residential real estate 3,915,533 131,656 - 972,260 4,756,137 Consumer 625,196 101,720 1,092 51,849 576,417 Bounce Protection 82,101 324,782 181,556 162,436 101,311 Other 830,367 2,128,651 - 225,148 (1,073,136) $ 40,356,067 $ 3,916,749 $ 249,081 $ 4,448,905 $ 41,137,304 The following table indicates the allocation of the allowance for loan losses based on loans evaluated specifically for impairment and loans evaluated collectively for the years ended December 31, 2025 and 2024. Ending Individually Balance Evaluated Collectively for Evaluated for Impairment Impairment Total 2025: Commercial $ 3,521,232 $ 2,155,419 $ 5,676,651 Commercial real estate - 9,518,247 9,518,247 Construction and land development - 4,276,547 4,276,547 Agriculture - 11,551,110 11,551,110 Residential real estate - 8,972,607 8,972,607 Consumer - 586,819 586,819 Other - 2,011,354 2,011,354 Ending balance of allowance for loan losses $ 3,521,232 $ 39,072,103 $ 42,593,335 Ending balance to total allowance ratio 8.27% 91.73% 100.00% 2025 Annual Report | 41
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