XML 51 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900

Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2015

Receivables [Abstract]

Schedule of loan portfolio

The Bank’s loan portfolio as of December 31 was as follows:

(Dollars in thousands)
			2015				2014
Agricultural		$	40,232			$	41,098
Commercial and industrial			94,347				88,062
Consumer			20,090				20,752
Real estate - commercial			97,736				99,807
Real estate - construction			5,390				2,691
Real estate - residential			91,509				93,703
Loans, gross			349,304				346,113
Allowance for loan losses			(4,194	)			(4,173	)
Loans, net		$	345,110			$	341,940

Schedule of activity in the allowance for loan losses and balances in the loan portfolio

Activity in the allowance for loan losses and balances in the loan portfolio were as follows:

(Dollars in thousands)		Agricultural				Commercial and Industrial				Consumer				Commercial Real Estate				Construction Real Estate				Residential Real Estate				Unallocated				Total
2015
Allowance for Loan Losses
Beginning balance		$	186			$	527			$	184			$	1,641			$	9			$	1,193			$	433			$	4,173
Charge-offs			—				(30	)			(291	)			—				—				(140	)			—				(461	)
Recoveries			1				64				121				47				—				149				—				382
Provision			233				25				283				(658	)			37				186				(6	)			100
Ending balance		$	420			$	586			$	297			$	1,030			$	46			$	1,388			$	427			$	4,194
Individually evaluated for impairment		$	3			$	15			$	1			$	191			$	—			$	296			$	—			$	506
Collectively evaluated for impairment		$	417			$	571			$	296			$	839			$	46			$	1,092			$	427			$	3,687
Loans
Individually evaluated for impairment		$	50			$	192			$	24			$	2,790			$	—			$	2,529							$	5,585
Collectively evaluated for impairment			40,182				94,155				20,066				94,946				5,390				88,980								343,719
Ending balance		$	40,232			$	94,347			$	20,090			$	97,736			$	5,390			$	91,509							$	349,304

(Dollars in thousands)		Agricultural				Commercial and Industrial				Consumer				Commercial Real Estate				Construction Real Estate				Residential Real Estate				Unallocated				Total
2014
Allowance for Loan Losses
Beginning balance		$	178			$	562			$	192			$	1,842			$	12			$	1,626			$	323			$	4,735
Charge-offs			—				(1	)			(273	)			(665	)			—				(133	)			—				(1,072	)
Recoveries			20				119				179				48				—				44				—				410
Provision			(12	)			(153	)			86				416				(3	)			(344	)			110				100
Ending balance		$	186			$	527			$	184			$	1,641			$	9			$	1,193			$	433			$	4,173
Individually evaluated for impairment		$	—			$	—			$	4			$	745			$	—			$	365			$	—			$	1,114
Collectively evaluated for impairment		$	186			$	527			$	180			$	896			$	9			$	828			$	433			$	3,059
Loans
Individually evaluated for impairment		$	—			$	38			$	36			$	3,853			$	—			$	2,958							$	6,885
Collectively evaluated for impairment			41,098				88,024				20,716				95,954				2,691				90,745								339,228
Ending balance		$	41,098			$	88,062			$	20,752			$	99,807			$	2,691			$	93,703							$	346,113

Schedule of the bank's credit exposure

Information regarding the Bank’s credit exposure as of December 31 was as follows:

Corporate Credit Exposure - Credit Risk Profile By Creditworthiness Category 

(Dollars in thousands)		Agricultural						Commercial and Industrial						Commercial Real Estate
		2015			2014			2015			2014			2015			2014
Risk ratings 1 and 2		$	10,416		$	9,596		$	10,480		$	11,590		$	3,875		$	3,576
Risk rating 3			25,189			24,294			66,921			59,470			57,540			58,600
Risk rating 4			3,086			6,462			16,169			15,764			29,826			28,557
Risk rating 5			1,491			683			574			976			3,776			4,490
Risk rating 6			50			63			129			262			2,719			4,584
Risk rating 7			—			—			74			—			—			—
		$	40,232		$	41,098		$	94,347		$	88,062		$	97,736		$	99,807

Consumer Credit Exposure - Credit Risk Profile Based On Payment Activity 

(Dollars in thousands)		Consumer						Construction Real Estate						Residential Real Estate
		2015			2014			2015			2014			2015			2014
Performing		$	20,090		$	20,752		$	5,390		$	2,691		$	90,796		$	92,974
Nonperforming			—			—			—			—			282			58
Nonaccrual			—			—			—			—			431			671
		$	20,090		$	20,752		$	5,390		$	2,691		$	91,509		$	93,703

Schedule of troubled debt restructurings

The following schedule provides information on loans that were considered troubled debt restructurings (“TDRs”) that were modified during the twelve months ended December 31, 2015 and December 31, 2014: 

		December 31, 2015													December 31, 2014
(Dollars in thousands)			Number of Loans				Pre- Modification Outstanding Recorded Investment				Post- Modification Outstanding Recorded Investment				Number of Loans				Pre- Modification Outstanding Recorded Investment				Post- Modification Outstanding Recorded Investment
Agricultural			—			$	—			$	—				—			$	—			$	—
Commercial and industrial			—				—				—				1				32				32
Consumer			—				—				—				—				—				—
Commercial real estate			4				439				439				5				1,596				1,596
Residential real estate			2				195				195				2				281				281
			6			$	634			$	634				8			$	1,909			$	1,909

The following schedule provides information on TDRs as of December 31, 2015 and December 31, 2014 where the borrower was past due with respect to principal and/or interest for 30 days or more during the twelve months ended December 31, 2015 and December 31, 2014 that had been modified during the 12-month period prior to the default: 

			With Payment Defaults During the Following Periods
			December 31, 2015							December 31, 2014
(Dollars in thousands)			Number of Loans				Recorded Investment				Number of Loans				Recorded Investment
Agricultural			—			$	—				—			$	—
Commercial and industrial			—				—				—				—
Consumer			—				—				—				—
Commercial real estate			3				400				6				1,592
Residential real estate			—				—				2				110
			3			$	400				8			$	1,702

Schedule of impaired loans

Impaired loans by loan category as of December 31 were as follows: 

(Dollars in thousands)			Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Interest Income Recognized
2015
With no related allowance recorded
Agricultural		$	—			$	—			$	—			$	—			$	—
Commercial and industrial			74				103				—				25				—
Consumer			—				—				—				2				—
Commercial real estate			1,540				1,540				—				1,061				11
Residential real estate			13				13				—				191				—
Subtotal			1,627				1,656				—				1,279				11
With an allowance recorded
Agricultural			50				50				3				62				(6	)
Commercial and industrial			118				118				15				44				1
Consumer			24				24				1				34				3
Commercial real estate			1,250				1,755				191				2,002				64
Residential real estate			2,516				2,516				296				2,425				86
Subtotal			3,958				4,463				506				4,567				148
Agricultural			50				50				3				62				(6	)
Commercial and industrial			192				221				15				69				1
Consumer			24				24				1				36				3
Commercial real estate			2,790				3,295				191				3,063				75
Residential real estate			2,529				2,529				296				2,616				86
Total		$	5,585			$	6,119			$	506			$	5,846			$	159

(Dollars in thousands)			Recorded Investment				Unpaid Principal Balance				Related Allowance				Average Recorded Investment				Interest Income Recognized
2014
With no related allowance recorded
Agricultural		$	—			$	—			$	—			$	90			$	—
Commercial and industrial			38				43				—				81				—
Consumer			8				8				—				3				—
Commercial real estate			413				419				—				352				6
Residential real estate			502				502				—				492				9
Subtotal			961				972				—				1,018				15
With an allowance recorded
Agricultural			—				—				—				130				—
Commercial and industrial			—				—				—				292				4
Consumer			28				28				4				31				3
Commercial real estate			3,440				4,498				745				3,932				81
Residential real estate			2,456				2,474				365				2,323				91
Subtotal			5,924				7,000				1,114				6,708				179
Agricultural			—				—				—				220				—
Commercial and industrial			38				43				—				373				4
Consumer			36				36				4				34				3
Commercial real estate			3,853				4,917				745				4,284				87
Residential real estate			2,958				2,976				365				2,815				100
Total		$	6,885			$	7,972			$	1,114			$	7,726			$	194

Schedule of aging analysis of loans by loan category

An aging analysis of loans by loan category as of December 31 follows:

(Dollars in thousands)			Loans Past Due 30 to 59 Days (1)				Loans Past Due 60 to 89 Days (1)				Loans  Past Due Greater Than 90 Days (1)				Total (1)				Loans Not Past Due				Total Loans				Loans 90 Days Past Due and Accruing
2015
Agricultural		$	3			$	—			$	—			$	3			$	40,229			$	40,232			$	—
Commercial and industrial			90				322				77				489				93,858				94,347				—
Consumer			115				—				—				115				19,975				20,090				—
Commercial real estate			505				297				1,233				2,035				95,701				97,736				—
Construction real estate			299				—				—				299				5,091				5,390				—
Residential real estate			1,012				364				200				1,576				89,933				91,509				29
		$	2,024			$	983			$	1,510			$	4,517			$	344,787			$	349,304			$	29

2014
Agricultural		$	—			$	—			$	—			$	—			$	41,098			$	41,098			$	—
Commercial and industrial			33				260				—				293				87,769				88,062				—
Consumer			66				10				—				76				20,676				20,752				—
Commercial real estate			172				51				699				922				98,885				99,807				—
Construction real estate			—				—				—				—				2,691				2,691				—
Residential real estate			1,376				404				363				2,143				91,560				93,703				58
		$	1,647			$	725			$	1,062			$	3,434			$	342,679			$	346,113			$	58

(1) Includes nonaccrual loans

Schedule of nonaccrual loans by loan category

Nonaccrual loans by loan category as of December 31 follow: 

(Dollars in thousands)			2015				2014
Agricultural		$	50			$	—
Commercial and industrial			77				38
Consumer			—				—
Commercial real estate			1,640				2,652
Construction real estate			—				—
Residential real estate			431				671
		$	2,198			$	3,361

X

- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953659-111524

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953401-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Recorded Investment
-URI http://asc.fasb.org/extlink&oid=65880944

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953676-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953682-111524

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration