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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

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
Allowance for Loan Losses
Three Months Ended
September 30, 2018
Beginning balance		$	359			$	970			$	205			$	1,911			$	16			$	620			$	578			$	4,659
Charge-offs			—				—				(62	)			—				—				(13	)			—				(75	)
Recoveries			—				4				22				2				—				10				—				38
Provision			5				(25	)			59				37				15				—				(91	)			—
Ending balance		$	364			$	949			$	224			$	1,950			$	31			$	617			$	487			$	4,622
Nine Months Ended
September 30, 2018
Beginning balance		$	506			$	1,001			$	262			$	1,761			$	35			$	726			$	286			$	4,577
Charge-offs			—				(58	)			(180	)			—				—				(25	)			—				(263	)
Recoveries			—				57				73				61				—				82				—				273
Provision			(142	)			(51	)			69				128				(4	)			(166	)			201				35
Ending balance		$	364			$	949			$	224			$	1,950			$	31			$	617			$	487			$	4,622
Individually evaluated for impairment		$	13			$	18			$	19			$	27			$	—			$	180			$	—			$	257
Collectively evaluated for impairment		$	351			$	931			$	205			$	1,923			$	31			$	437			$	487			$	4,365
Three Months Ended
September 30, 2017
Beginning balance		$	395			$	904			$	294			$	1,551			$	25			$	748			$	181			$	4,098
Charge-offs			—				(12	)			(52	)			—				—				(9	)			—				(73	)
Recoveries			—				4				16				65				—				11				—				96
Provision			(1	)			(98	)			1				(152	)			1				(140	)			484				95
Ending balance		$	394			$	798			$	259			$	1,464			$	26			$	610			$	665			$	4,216
Nine Months Ended
September 30, 2017
Beginning balance		$	433			$	688			$	305			$	1,438			$	62			$	1,014			$	337			$	4,277
Charge-offs			—				(374	)			(189	)			—				—				(44	)			—				(607	)
Recoveries			—				4				107				226				40				49				—				426
Provision			(39	)			480				36				(200	)			(76	)			(409	)			328				120
Ending balance		$	394			$	798			$	259			$	1,464			$	26			$	610			$	665			$	4,216
Individually evaluated for impairment		$	—			$	5			$	4			$	54			$	—			$	228			$	—			$	291
Collectively evaluated for impairment		$	394			$	793			$	255			$	1,410			$	26			$	382			$	665			$	3,925
Loans
September 30, 2018
Individually evaluated for impairment		$	413			$	896			$	78			$	792			$	268			$	2,480							$	4,927
Collectively evaluated for impairment			43,984				91,261				24,285				137,280				6,962				93,217								396,989
Ending balance		$	44,397			$	92,157			$	24,363			$	138,072			$	7,230			$	95,697							$	401,916
December 31, 2017
Individually evaluated for impairment		$	423			$	124			$	36			$	778			$	—			$	2,779							$	4,140
Collectively evaluated for impairment			48,041				104,262				24,477				122,709				6,613				88,543								394,645
Ending balance		$	48,464			$	104,386			$	24,513			$	123,487			$	6,613			$	91,322							$	398,785

Schedule of the bank's credit exposure

Information regarding the Bank’s credit exposure is as follows:

Corporate Credit Exposure - Credit Risk Profile By Creditworthiness Category

		Agricultural								Commercial and Industrial								Commercial Real Estate
(Dollars in thousands)		September 30,				December 31,				September 30,				December 31,				September 30,				December 31,
		2018				2017				2018				2017				2018				2017
Risk ratings 1 and 2		$	12,331			$	14,813			$	12,665			$	13,491			$	8,126			$	8,227
Risk rating 3			22,299				22,721				53,958				63,366				93,626				78,868
Risk rating 4			8,952				10,199				20,944				26,943				32,485				33,429
Risk rating 5			403				308				4,500				491				2,554				1,533
Risk rating 6			412				423				90				95				1,281				1,430
Risk rating 7			—				—				—				—				—				—
		$	44,397			$	48,464			$	92,157			$	104,386			$	138,072			$	123,487

Corporate Credit Exposure - Credit Risk Profile Based On Payment Activity

		Consumer								Construction Real Estate								Residential Real Estate
(Dollars in thousands)		September 30,				December 31,				September 30,				December 31,				September 30,				December 31,
		2018				2017				2018				2017				2018				2017
Performing		$	24,358			$	24,497			$	6,962			$	6,613			$	95,242			$	90,629
Nonperforming			—				1				—				—				—				257
Nonaccrual			5				15				268				—				455				436
		$	24,363			$	24,513			$	7,230			$	6,613			$	95,697			$	91,322

Schedule of impaired loans

Impaired loans by loan category follow:

						Unpaid
(Dollars in thousands)		Recorded				Principal				Related
		Investment				Balance				Allowance
September 30, 2018
With no related allowance recorded
Agricultural		$	—			$	—			$	—
Commercial and industrial			86				86				—
Consumer			—				—				—
Commercial real estate			77				110				—
Construction real estate			268				268				—
Residential real estate			226				234				—
Total			657				698				—
With an allowance recorded
Agricultural			413				455				13
Commercial and industrial			810				810				18
Consumer			78				78				19
Commercial real estate			715				774				27
Construction real estate			—				—				—
Residential real estate			2,254				2,285				180
Total			4,270				4,402				257
Agricultural			413				455				13
Commercial and industrial			896				896				18
Consumer			78				78				19
Commercial real estate			792				884				27
Construction real estate			268				268				—
Residential real estate			2,480				2,519				180
Total		$	4,927			$	5,100			$	257
December 31, 2017
With no related allowance recorded
Agricultural		$	423			$	455			$	—
Commercial and industrial			—				—				—
Consumer			—				—				—
Commercial real estate			127				258				—
Residential real estate			115				126				—
Total			665				839				—
With an allowance recorded
Agricultural			—				—				—
Commercial and industrial			124				124				26
Consumer			36				36				3
Commercial real estate			651				734				49
Residential real estate			2,664				2,690				224
Total			3,475				3,584				302
Agricultural			423				455				—
Commercial and industrial			124				124				26
Consumer			36				36				3
Commercial real estate			778				992				49
Residential real estate			2,779				2,816				224
Total		$	4,140			$	4,423			$	302

Schedule of average balances of impaired loans and interest recognized on impaired loans

The following schedule provides information regarding average balances of impaired loans and interest recognized on impaired loans for the nine months ended September 30, 2018 and 2017:

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
September 30, 2018
With no related allowance recorded
Agricultural		$	317			$	—
Commercial and industrial			37				23
Consumer			2				2
Commercial real estate			67				42
Construction real estate			79				—
Residential real estate			159				112
Total			661				179
With an allowance recorded
Agricultural			103				—
Commercial and industrial			364				6
Consumer			52				—
Commercial real estate			728				—
Construction real estate			—				—
Residential real estate			2,539				2
Total			3,786				8
Agricultural			420				—
Commercial and industrial			401				29
Consumer			54				2
Commercial real estate			795				42
Construction real estate			79				—
Residential real estate			2,698				114
Total		$	4,447			$	187
September 30, 2017
With no related allowance recorded
Agricultural		$	288			$	—
Commercial and industrial			137				—
Consumer			—				—
Commercial real estate			104				—
Residential real estate			103				—
Total			632				—
With an allowance recorded
Agricultural			161				—
Commercial and industrial			195				1
Consumer			33				1
Commercial real estate			884				26
Residential real estate			2,475				75
Total			3,748				103
Agricultural			449				—
Commercial and industrial			332				1
Consumer			33				1
Commercial real estate			988				26
Residential real estate			2,578				75
Total		$	4,380			$	103

Schedule of aging analysis of loans by loan category

An aging analysis of loans by loan category follows:

										Greater																90 Days Past
(Dollars in thousands)		30 to 59				60 to 89				Than 90								Loans Not				Total				Due and
		Days				Days				Days (1)				Total				Past Due				Loans				Accruing
September 30, 2018
Agricultural		$	—			$	—			$	—			$	—			$	44,397			$	44,397			$	—
Commercial and industrial			50				—				—				50				92,107				92,157				—
Consumer			25				53				—				78				24,285				24,363				—
Commercial real estate			—				—				77				77				137,995				138,072				—
Construction real estate			—				—				268				268				6,962				7,230				—
Residential real estate			729				36				180				945				94,752				95,697				—
		$	804			$	89			$	525			$	1,418			$	400,498			$	401,916			$	—
December 31, 2017
Agricultural		$	—			$	—			$	83			$	83			$	48,381			$	48,464			$	—
Commercial and industrial			20				—				—				20				104,366				104,386				—
Consumer			142				38				1				181				24,332				24,513				—
Commercial real estate			95				58				69				222				123,265				123,487				—
Construction real estate			—				—				—				—				6,613				6,613				—
Residential real estate			585				272				296				1,153				90,169				91,322				258
		$	842			$	368			$	449			$	1,659			$	397,126			$	398,785			$	258

(1)

Includes nonaccrual loans.

Schedule of nonaccrual loans by loan category

Nonaccrual loans by loan category follow:

(Dollars in thousands)		September 30,				December 31,
		2018				2017
Agricultural		$	413			$	423
Commercial and industrial			—				—
Consumer			5				15
Commercial real estate			130				222
Construction real estate			268				—
Residential real estate			455				436
		$	1,271			$	1,096

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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.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
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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.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
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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.

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