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Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Schedule of loan portfolio

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

(Dollars in thousands)
		2018				2017
Agricultural		$	49,109			$	48,464
Commercial and industrial			91,406				104,386
Consumer			24,382				24,513
Real estate - commercial			139,453				123,487
Real estate - construction			8,843				6,613
Real estate - residential			95,880				91,322
Loans, gross			409,073				398,785
Allowance for loan losses			(4,673	)			(4,577	)
Loans, net		$	404,400			$	394,208

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 was as follows: 

(Dollars in thousands)						Commercial								Commercial				Construction				Residential
		Agricultural				and Industrial				Consumer				Real Estate				Real Estate				Real Estate				Unallocated				Total
2018
Allowance for Loan Losses
Beginning balance		$	506			$	1,001			$	262			$	1,761			$	35			$	726			$	286			$	4,577
Charge-offs			—				(58	)			(282	)			—				—				(25	)			—				(365	)
Recoveries			33				107				112				61				—				113				—				426
Provision			(58	)			(158	)			162				104				3				(277	)			259				35
Ending balance		$	481			$	892			$	254			$	1,926			$	38			$	537			$	545			$	4,673
Individually evaluated for impairment		$	94			$	3			$	13			$	20			$	—			$	167			$	—			$	297
Collectively evaluated for impairment		$	387			$	889			$	241			$	1,906			$	38			$	370			$	545			$	4,376
Loans
Individually evaluated for impairment		$	578			$	21			$	90			$	623			$	—			$	2,712							$	4,024
Collectively evaluated for impairment			48,531				91,385				24,292				138,830				8,843				93,168								405,049
Ending balance		$	49,109			$	91,406			$	24,382			$	139,453			$	8,843			$	95,880							$	409,073

(Dollars in thousands)						Commercial								Commercial				Construction				Residential
		Agricultural				and Industrial				Consumer				Real Estate				Real Estate				Real Estate				Unallocated				Total
2017
Allowance for Loan Losses
Beginning balance		$	433			$	688			$	305			$	1,438			$	62			$	1,013			$	338			$	4,277
Charge-offs			—				(439	)			(253	)			—				—				(43	)			—				(735	)
Recoveries			—				21				169				258				40				62				—				550
Provision			73				731				41				65				(67	)			(306	)			(52	)			485
Ending balance		$	506			$	1,001			$	262			$	1,761			$	35			$	726			$	286			$	4,577
Individually evaluated for impairment		$	—			$	26			$	3			$	49			$	—			$	224			$	—			$	302
Collectively evaluated for impairment		$	506			$	975			$	259			$	1,712			$	35			$	502			$	286			$	4,275
Loans
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

(Dollars in thousands)						Commercial								Commercial				Construction				Residential
		Agricultural				and Industrial				Consumer				Real Estate				Real Estate				Real Estate				Unallocated				Total
2016
Allowance for Loan Losses
Beginning balance		$	420			$	586			$	297			$	1,030			$	46			$	1,388			$	427			$	4,194
Charge-offs			—				(37	)			(218	)			—				—				(102	)			—				(357	)
Recoveries			—				31				149				89				—				171				—				440
Provision			13				108				77				319				16				(444	)			(89	)			—
Ending balance		$	433			$	688			$	305			$	1,438			$	62			$	1,013			$	338			$	4,277
Individually evaluated for impairment		$	3			$	11			$	2			$	91			$	—			$	296			$	—			$	403
Collectively evaluated for impairment		$	430			$	677			$	303			$	1,347			$	62			$	717			$	338			$	3,874
Loans
Individually evaluated for impairment		$	526			$	301			$	28			$	1,073			$	—			$	2,983							$	4,911
Collectively evaluated for impairment			44,088				95,787				21,568				109,689				6,153				86,804								364,089
Ending balance		$	44,614			$	96,088			$	21,596			$	110,762			$	6,153			$	89,787							$	369,000

Schedule of the bank's credit exposure

Corporate Credit Exposure - Credit Risk Profile By Creditworthiness Category

(Dollars in thousands)		Agricultural								Commercial and Industrial								Commercial Real Estate
		2018				2017				2018				2017				2018				2017
Risk ratings 1 and 2		$	15,300			$	14,813			$	11,972			$	13,491			$	7,962			$	8,227
Risk rating 3			23,938				22,721				50,266				63,366				89,173				78,868
Risk rating 4			9,082				10,199				23,961				26,943				36,193				33,429
Risk rating 5			211				308				5,204				491				4,850				1,533
Risk rating 6			578				423				3				95				1,275				1,430
		$	49,109			$	48,464			$	91,406			$	104,386			$	139,453			$	123,487

Consumer Credit Exposure - Credit Risk Profile Based On Payment Activity

(Dollars in thousands)		Consumer								Construction Real Estate								Residential Real Estate
		2018				2017				2018				2017				2018				2017
Performing		$	24,320			$	24,497			$	8,843			$	6,613			$	94,925			$	90,629
Nonperforming			—				1				—				—				—				257
Nonaccrual			62				15				—				—				955				436
		$	24,382			$	24,513			$	8,843			$	6,613			$	95,880			$	91,322

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, 2018 and December 31, 2017.

December 31, 2018

December 31, 2017

Pre-

Post-

Pre-

Post-

Modification

Modification

Modification

Modification

Outstanding

Outstanding

Outstanding

Outstanding

(Dollars in thousands)

Number of

Recorded

Recorded

Number of

Recorded

Recorded

Loans

Investment

Investment

Loans

Investment

Investment

Residential real estate

—

$

—

$

—

3

$

296

$

296

Schedule of impaired loans

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

						Unpaid								Average				Interest
(Dollars in thousands)		Recorded				Principal				Related				Recorded				Income
		Investment				Balance				Allowance				Investment				Recognized
2018
With no related allowance recorded
Agricultural		$	185			$	185			$	—			$	291			$	—
Commercial and industrial			—				—				—				29				2
Consumer			1				1				—				2				8
Construction real estate			—				—				—				54				—
Commercial real estate			74				109				—				78				30
Residential real estate			250				261				—				177				114
Subtotal			510				556				—				631				154
With an allowance recorded
Agricultural			393				440				94				161				13
Commercial and industrial			21				21				3				296				—
Consumer			88				88				13				59				—
Construction real estate			—				—				—				—				—
Commercial real estate			550				609				20				692				—
Residential real estate			2,462				2,494				167				2,523				6
Subtotal			3,514				3,652				297				3,731				19
Total
Agricultural			578				625				94				452				13
Commercial and industrial			21				21				3				325				2
Consumer			90				90				13				61				8
Construction real estate			—				—				—				54				—
Commercial real estate			623				718				20				770				30
Residential real estate			2,712				2,755				167				2,700				120
Total		$	4,024			$	4,209			$	297			$	4,362			$	173

						Unpaid								Average				Interest
(Dollars in thousands)		Recorded				Principal				Related				Recorded				Income
		Investment				Balance				Allowance				Investment				Recognized
2017
With no related allowance recorded
Agricultural		$	423			$	455			$	—			$	322			$	—
Commercial and industrial			—				—				—				103				—
Consumer			—				—				—				—				—
Commercial real estate			127				258				—				110				—
Residential real estate			115				126				—				106				4
Subtotal			665				839				—				641				4
With an allowance recorded
Agricultural			—				—				—				121				—
Commercial and industrial			124				124				26				177				1
Consumer			36				36				3				33				1
Commercial real estate			651				734				49				826				34
Residential real estate			2,664				2,690				224				2,522				110
Subtotal			3,475				3,584				302				3,679				146
Total
Agricultural			423				455				—				443				—
Commercial and industrial			124				124				26				280				1
Consumer			36				36				3				33				1
Commercial real estate			778				992				49				936				34
Residential real estate			2,779				2,816				224				2,628				114
Total		$	4,140			$	4,423			$	302			$	4,320			$	150

						Unpaid								Average				Interest
(Dollars in thousands)		Recorded				Principal				Related				Recorded				Income
		Investment				Balance				Allowance				Investment				Recognized
2016
With no related allowance recorded
Agricultural		$	482			$	485			$	—			$	220			$	13
Commercial and industrial			206				207				—				91				3
Consumer			—				—				—				1				—
Commercial real estate			342				939				—				925				2
Residential real estate			301				292				—				167				5
Subtotal			1,331				1,923				—				1,404				23
With an allowance recorded
Agricultural			44				44				3				72				3
Commercial and industrial			95				95				11				218				—
Consumer			28				28				2				24				2
Commercial real estate			731				804				91				1,281				33
Residential real estate			2,682				2,711				296				2,672				108
Subtotal			3,580				3,682				403				4,267				146
Total
Agricultural			526				529				3				292				16
Commercial and industrial			301				302				11				309				3
Consumer			28				28				2				25				2
Commercial real estate			1,073				1,743				91				2,206				35
Residential real estate			2,983				3,003				296				2,839				113
Total		$	4,911			$	5,605			$	403			$	5,671			$	169

Schedule of aging analysis of loans by loan category

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

										Loans
		Loans				Loans				Past Due																Loans
		Past Due				Past Due				Greater																90 Days Past
(Dollars in thousands)		30 to 59				60 to 89				Than 90								Loans Not				Total				Due and
		Days (1)				Days (1)				Days (1)				Total (1)				Past Due				Loans				Accruing
2018
Agricultural		$	—			$	—			$	—			$	—			$	49,109			$	49,109			$	—
Commercial and industrial			5				—				—				5				91,401				91,406				—
Consumer			149				40				11				200				24,182				24,382				—
Commercial real estate			—				—				73				73				139,380				139,453				—
Construction real estate			—				—				—				—				8,843				8,843				—
Residential real estate			1,493				486				648				2,627				93,253				95,880				—
		$	1,647			$	526			$	732			$	2,905			$	406,168			$	409,073			$	—
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 as of December 31 as follows:

(Dollars in thousands)
		2018				2017
Agricultural		$	393			$	423
Commercial and industrial			—				—
Consumer			62				15
Commercial real estate			123				222
Construction real estate			—				—
Residential real estate			954				436
		$	1,532			$	1,096

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