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Loans by Type (Tables)
3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
Summary of Loan Categories

A summary of loan categories is as follows:

March 31, December 31,
(In thousands) 2019 2018
Commercial and industrial       $      313,404       $      277,091
Real estate
Commercial:
Mortgage 93,268 95,605
Construction 15,293 11,858
Faith-based:
Mortgage 312,164 316,147
Construction 17,070 20,576
Other 110 310
Total loans $ 751,309 $ 721,587
Schedule of the Aging Loans by Loan Categories

The following table presents the aging of loans by loan categories at March 31, 2019 and December 31, 2018:

Performing Nonperforming
90 Days
30-59 60-89 and Non- Total
(In thousands) Current Days Days Over accrual Loans
March 31, 2019
Commercial and industrial       $      313,404       $            $            $            $            $      313,404
Real estate
Commercial:
Mortgage 93,110 158 93,268
Construction 15,293 15,293
Faith-based:
Mortgage 312,164 312,164
Construction 17,070 17,070
Other 110 110
Total $ 751,151 $ $ 158 $ $ $ 751,309
December 31, 2018
Commercial and industrial $ 277,091 $ $ $ $ $ 277,091
Real estate
Commercial:
Mortgage 95,605 95,605
Construction 11,858 11,858
Faith-based:
Mortgage 316,147 316,147
Construction 20,576 20,576
Other 310 310
Total $ 721,587 $ $ $ $ $ 721,587
Schedule of Credit Exposure of the Loan Portfolio

The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of March 31, 2019 and December 31, 2018:

Loans Performing Nonperforming
Subject to Loans Subject to Loans Subject
Normal Special to Special
(In thousands) Monitoring1 Monitoring2 Monitoring2 Total Loans
March 31, 2019
Commercial and industrial       $      311,776       $      1,628       $            $      313,404
Real estate
Commercial:
Mortgage 93,110 158 93,268
Construction 15,293 15,293
Church, church-related:
Mortgage 310,986 1,178 312,164
Construction 17,070 17,070
Other 110 110
Total $ 748,345 $ 2,964 $ $ 751,309
December 31, 2018
Commercial and industrial $ 275,308 $ 1,783 $ $ 277,091
Real estate
Commercial:
Mortgage 95,447 158 95,605
Construction 11,858 11,858
Church, church-related:
Mortgage 314,940 1,207 316,147
Construction 20,576 20,576
Other 310 310
Total $ 718,439 $ 3,148 $ $ 721,587
1 Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations.
2 Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention.
Schedule of Recorded Investment and Unpaid Principal Balance for Impaired Loans

A summary of the activity in the allowance for loan losses from December 31, 2018 to March 31, 2019 is as follows:

December 31, Charge- March 31,
(In thousands) 2018 Offs Recoveries Provision 2019
Commercial and industrial       $      4,179       $            $      11       $      529       $      4,719
Real estate
Commercial:
Mortgage 1,417 (33) 1,384
Construction 89 26 115
Church, church-related:
Mortgage 3,961 (51) 3,910
Construction 155 (27) 128
Other 424 (194) 230
Total $ 10,225 $ $ 11 $ 250 $ 10,486

A summary of the activity in the allowance for loan losses from December 31, 2017 to March 31, 2018 is as follows:

December 31, Charge- March 31,
(In thousands) 2017 Offs Recoveries Provision 2018
Commercial and industrial       $      3,652       $            $      5       $      320       $      3,977
Real estate
Commercial:
Mortgage 1,394 (53) 1,341
Construction 70 48 118
Church, church-related:
Mortgage 3,962 (106) 3,856
Construction 196 22 218
Industrial Revenue Bond 52 (12) 40
Other 879 (219) 660
Total $ 10,205 $ $ 5 $ $ 10,210