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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2019

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:

						Commercial
(Dollars in thousands)						and								Commercial				Construction				Residential
		Agricultural				Industrial				Consumer				Real Estate				Real Estate				Real Estate				Unallocated				Total
Allowance for Loan Losses
Three Months Ended
March 31, 2019
Beginning balance		$	481			$	892			$	254			$	1,926			$	38			$	537			$	545			$	4,673
Charge-offs			—				—				(106	)			—				—				0				—				(106	)
Recoveries			—				17				143				2				—				1				—				163
Provision			(57	)			(52	)			45				(65	)			2				20				107				—
Ending balance		$	424			$	857			$	336			$	1,863			$	40			$	558			$	652			$	4,730
Individually evaluated for impairment		$	85			$	4			$	12			$	19			$	—			$	179			$	—			$	299
Collectively evaluated for impairment		$	339			$	853			$	324			$	1,844			$	40			$	379			$	652			$	4,431
December 31, 2018
Individually evaluated for impairment		$	94			$	3			$	13			$	20			$	—			$	167			$	—			$	297
Collectively evaluated for impairment		$	387			$	889			$	241			$	1,906			$	38			$	370			$	545			$	4,376
Three Months Ended
March 31, 2018
Beginning balance		$	506			$	1,001			$	262			$	1,761			$	35			$	726			$	286			$	4,577
Charge-offs			—				—				(69	)			—				—				(3	)			—				(72	)
Recoveries			—				53				37				55				—				24				—				169
Provision			(156	)			(49	)			15				(30	)			(17	)			(122	)			394				35
Ending balance		$	350			$	1,005			$	245			$	1,786			$	18			$	625			$	680			$	4,709
Individually evaluated for impairment		$	—			$	93			$	9			$	46			$	—			$	217			$	—			$	365
Collectively evaluated for impairment		$	350			$	912			$	236			$	1,740			$	18			$	408			$	680			$	4,344
Loans
March 31, 2019
Individually evaluated for impairment		$	389			$	25			$	63			$	605			$	—			$	2,691							$	3,773
Collectively evaluated for impairment			41,656				92,575				24,130				136,442				9,294				94,174								398,271
Ending balance		$	42,045			$	92,600			$	24,193			$	137,047			$	9,294			$	96,865							$	402,044
December 31, 2018
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

Schedule of the bank's credit exposure

Corporate Credit Exposure - Credit Risk Profile By Creditworthiness Category

		Agricultural								Commercial and Industrial								Commercial Real Estate
(Dollars in thousands)		March 31,				December 31,				March 31,				December 31,				March 31,				December 31,
		2019				2018				2019				2018				2019				2018
Risk ratings 1 and 2		$	11,638			$	15,300			$	12,278			$	11,972			$	7,577			$	7,962
Risk rating 3			20,031				23,938				47,063				50,266				87,791				89,173
Risk rating 4			9,761				9,082				28,856				23,961				36,353				36,193
Risk rating 5			227				211				4,393				5,204				4,116				4,850
Risk rating 6			388				578				10				3				1,210				1,275
		$	42,045			$	49,109			$	92,600			$	91,406			$	137,047			$	139,453

Corporate Credit Exposure - Credit Risk Profile Based On Payment Activity

		Consumer								Construction Real Estate								Residential Real Estate
(Dollars in thousands)		March 31,				December 31,				March 31,				December 31,				March 31,				December 31,
		2019				2018				2019				2018				2019				2018
Performing		$	24,143			$	24,320			$	9,294			$	8,843			$	95,840			$	94,925
Nonperforming			—				—				—				—				—				—
Nonaccrual			50				62				—				—				1,025				955
		$	24,193			$	24,382			$	9,294			$	8,843			$	96,865			$	95,880

Schedule of troubled debt restructurings

The following schedule provides information on loans that were considered TDRs that were modified during the three months ended March 31, 2019 and March 31, 2018:

		Three Months Ended March 31, 2019												Three Months Ended March 31, 2018
(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
Commercial real estate			—			$	—			$	—				1			$	58			$	58
Commercial and industrial			—				—				—				2				97				97
Total			—			$	—			$	—				3			$	155			$	155

he following schedule provides information on TDRs as of March 31, 2019 and 2018 where the borrower was past due with respect to principal and/or interest for 30 days or more during the three-month periods ended March 31, 2019 and March 31, 2018 that had been modified during the year prior to the default:

		Three Months Ended								Three Months Ended
		March 31, 2019								March 31, 2018
(Dollars in thousands)		Number				Recorded				Number				Recorded
		of Loans				Investment				of Loans				Investment
Commercial and industrial			—			$	—				2			$	97
Commercial real estate			—				—				1				58
			—			$	—				3			$	155

Schedule of impaired loans

Impaired loans by loan category follow:

						Unpaid
(Dollars in thousands)		Recorded				Principal				Related
		Investment				Balance				Allowance
March 31, 2019
With no related allowance recorded
Agricultural		$	—			$	—			$	—
Commercial and industrial			—				—				—
Consumer			—				—				—
Commercial real estate			72				108				—
Construction real estate			—				—				—
Residential real estate			156				171				—
Total			228				279				—
With an allowance recorded
Agricultural			389				440				85
Commercial and industrial			25				25				4
Consumer			63				63				12
Commercial real estate			533				538				19
Construction real estate			—				—				—
Residential real estate			2,535				2,582				179
Total			3,545				3,648				299
Total
Agricultural			389				440				85
Commercial and industrial			25				25				4
Consumer			63				63				12
Commercial real estate			605				646				19
Construction real estate			—				—				—
Residential real estate			2,691				2,753				179
Total		$	3,773			$	3,927			$	299
December 31, 2018
With no related allowance recorded
Agricultural		$	185			$	185			$	—
Commercial and industrial			—				—				—
Consumer			1				1				—
Construction real estate			—				—				—
Commercial real estate			73				109				—
Residential real estate			250				261				—
Total			509				556				—
With an allowance recorded
Agricultural			393				440				94
Commercial and industrial			21				21				3
Consumer			89				89				13
Construction real estate			—				—				—
Commercial real estate			550				609				20
Residential real estate			2,462				2,494				167
Total			3,515				3,653				297
Total
Agricultural			578				625				94
Commercial and industrial			21				21				3
Consumer			90				90				13
Construction real estate			—				—				—
Commercial real estate			623				718				20
Residential real estate			2,712				2,755				167
Total		$	4,024			$	4,209			$	297

The following schedule provides information regarding average balances of impaired loans and interest recognized on impaired loans for the three months ended March 31, 2019 and 2018:

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
March 31, 2019
With no related allowance recorded
Agricultural		$	92			$	—
Commercial and industrial			—				—
Consumer			1				—
Commercial real estate			73				7
Residential real estate			203				23
Total			369				30
With an allowance recorded
Agricultural			391				—
Commercial and industrial			23				—
Consumer			76				—
Commercial real estate			541				—
Residential real estate			2,499				1
Total			3,530				1
Total
Agricultural			483				—
Commercial and industrial			23				—
Consumer			77				—
Commercial real estate			614				7
Residential real estate			2,702				24
Total		$	3,899			$	31

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
March 31, 2018
With no related allowance recorded
Agricultural		$	428			$	—
Commercial and industrial			59				—
Consumer			2				—
Commercial real estate			99				—
Residential real estate			152				—
Total			740				—
With an allowance recorded
Agricultural			—				—
Commercial and industrial			170				8
Consumer			34				—
Commercial real estate			762				—
Residential real estate			2,549				26
Total			3,515				34
Total
Agricultural			428				—
Commercial and industrial			229				8
Consumer			36				—
Commercial real estate			861				—
Residential real estate			2,701				26
Total		$	4,255			$	34

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								Due and
		Days				Days				Days (1)				Total				Past Due				Total Loans				Accruing
March 31, 2019
Agricultural		$	—			$	—			$	—			$	—			$	42,045			$	42,045			$	—
Commercial and industrial			353				—				2				355				92,245				92,600				—
Consumer			39				3				45				87				24,106				24,193				—
Commercial real estate			96				—				72				168				136,879				137,047				—
Construction real estate			—				—				—				—				9,294				9,294				—
Residential real estate			742				209				99				1,050				95,815				96,865				—
		$	1,230			$	212			$	218			$	1,660			$	400,384			$	402,044			$	—
December 31, 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			$	—

(1) Includes nonaccrual loans.

Schedule of nonaccrual loans by loan category

Nonaccrual loans by loan category follow:

(Dollars in thousands)		March 31,				December 31,
		2019				2018
Agricultural		$	389			$	393
Commercial and industrial			1				—
Consumer			50				62
Commercial real estate			119				123
Construction real estate			—				—
Residential real estate			1,025				954
		$	1,584			$	1,532

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- 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

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-Publisher FASB
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-SubTopic 10
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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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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.

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Tabular disclosure of financing receivables and troubled debt restructurings.

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