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NOTE 6: LOANS AND ALLOWANCE FOR LOAN LOSSES: Impaired Financing Receivables (Tables)
6 Months Ended
Jun. 30, 2018
Tables/Schedules  
Impaired Financing Receivables

Impaired loans (excluding FDIC-assisted loans, net of discount), are summarized as follows:

 

 

June 30, 2018

 

 

Unpaid

 

 

Recorded

Principal

Specific

 

Balance

Balance

Allowance

 

 

 

 

One- to four-family residential   construction

$                 —

$                 —

$                  —

Subdivision construction

                 335

                 357

                  110

Land development

                   15

                   18

                    —

Commercial construction

                   —

                   —

                    —

Owner occupied one- to four-   family residential

              3,261

              3,579

                  284

Non-owner occupied one- to four-   family residential

              3,144

              3,465

                  343

Commercial real estate

              8,313

              8,468

                  220

Other residential

              1,015

              1,015

                    —

Commercial business

              3,350

              4,754

               1,422

Industrial revenue bonds

                   —

                   —

                    —

Consumer auto

              2,033

              2,228

                  369

Consumer other

                 784

              1,007

                  118

Home equity lines of credit

                 513

                  553

                   154

 

 

 

 

Total

$          22,763

$          25,444

$             3,020

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30, 2018

 

June 30, 2018

 

Average

 

 

Average

 

 

Investment

Interest

 

Investment

Interest

 

in Impaired

Income

 

in Impaired

Income

 

Loans

Recognized

 

Loans

Recognized

 

(In Thousands)

 

 

 

 

 

 

One- to four-family residential construction

$                   

$                   

 

$                   

$                 

Subdivision construction

                    338

                        2

 

                    354

                      8

Land development

                      15

                     

 

                      15

                   

Commercial construction

                     

                     

 

                     

                   

Owner occupied one- to four-family residential

                 3,272

                      44

 

                 3,283

                    89

Non-owner occupied one- to four-family residential

                 3,225

                      38

 

                 3,331

                    92

Commercial real estate

                 7,391

                    145

 

                 7,328

                  223

Other residential

                 1,017

                      10

 

                 1,714

                    20

Commercial business

                 3,559

                    258

 

                 3,625

                  289

Industrial revenue bonds

                      —

                      —

 

                      —

                    —

Consumer auto

                 2,034

                      40

 

                 2,247

                    81

Consumer other

                    879

                      18

 

                    874

                    37

Home equity lines of credit

                    528

                        9

 

                    548

                    28

 

 

 

 

 

 

Total

$             22,258

$                  564

 

$             23,319

$                867

 

 

At or for the Year Ended December 31, 2017

 

 

 

 

Average

 

 

 

Unpaid

 

Investment

Interest

 

Recorded

Principal

Specific

in Impaired

Income

 

Balance

Balance

Allowance

Loans

Recognized

 

(In Thousands)

 

 

 

 

 

 

One- to four-family residential   construction

$                 —

$                 —

$                 —

$               193

  $                —

Subdivision construction

                 349

                 367

                 114

                 584

                   22

Land development

                   15

                   18

                   —

              1,793

                   24

Commercial construction

                   —

                   —

                   —

                   —

                   —

Owner occupied one- to four-

 

 

 

 

 

  family residential

              3,405

              3,723

                 331

              3,405

                 166

Non-owner occupied one- to four-

 

 

                      

 

 

  family residential

              3,196

              3,465

                   68

              2,419

                 165

Commercial real estate

              8,315

              8,490

                 599

              9,075

                 567

Other residential

              2,907

              2,907

                   —

              3,553

                 147

Commercial business

              3,018

              4,222

              2,140

              5,384

                 173

Industrial revenue bonds

                   —

                   —

                   —

                   —

                   —

Consumer auto

              2,713

              2,898

                 484

              2,383

                 222

Consumer other

                 825

                 917

                 124

                 906

                   69

Home equity lines of credit

                 591

                  648

                    91

                498

                    33

 

 

 

 

 

 

Total

$          25,334

$          27,655

$            3,951

$          30,193

  $           1,588

 

 

 

June 30, 2017

 

 

Unpaid

 

 

 

Recorded

Principal

Specific

 

 

Balance

Balance

Allowance

 

 

(In Thousands)

 

 

 

 

 

One- to four-family residential construction

$              380

$             380

$                —

 

Subdivision construction

                498

               512

                120

 

Land development

                457

               545

                  —

 

Commercial construction

                  —

                 —

                  —

 

Owner occupied one- to four-family residential

             3,475

            3,766

                357

 

Non-owner occupied one- to four-family residential

             2,189

            2,446

                  88

 

Commercial real estate

             5,945

            6,303

                  67

 

Other residential

             3,582

            3,600

                  —

 

Commercial business

             6,973

            7,827

             3,189

 

Industrial revenue bonds

                  —

                 —

                  —

 

Consumer auto

             2,272

            2,462

                412

 

Consumer other

                885

               998

                133

 

Home equity lines of credit

                359

               431

                  58

 

 

 

 

 

 

Total

$         27,015

$        29,270

$           4,424

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30, 2017

 

June 30, 2017

 

Average

 

 

Average

 

 

Investment

Interest

 

Investment

Interest

 

in Impaired

Income

 

in Impaired

Income

 

Loans

Recognized

 

Loans

Recognized

 

(In Thousands)

 

 

 

 

 

 

One- to four-family residential construction

$                  382

$                   

 

$                  386

$                 

Subdivision construction

                    701

                        5

 

                    756

                    12

Land development

                 3,069

                        5

 

                 3,267

                    21

Commercial construction

                     

                     

 

                     

                   

Owner occupied one- to four-family residential

                 3,302

                      43

 

                 3,356

                    80

Non-owner occupied one- to four-family residential

                 2,066

                      26

 

                 1,999

                    48

Commercial real estate

                 9,056

                    101

 

               10,193

                  159

Other residential

                 3,719

                      37

 

                 3,761

                    75

Commercial business

                 6,979

                      40

 

                 6,432

                  126

Industrial revenue bonds

                      —

                      —

 

                      —

                    —

Consumer auto

                 2,029

                      48

 

                 2,211

                    77

Consumer other

                    857

                      24

 

                    827

                    39

Home equity lines of credit

                    339

                        8

 

                    367

                    18

 

 

 

 

 

 

Total

$             32,499

$                  337

 

$             33,555

$                655