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Note 5 - Loans and Leases (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(dollars in thousands)

 

March 31, 2024

  

December 31, 2023

 

Commercial and industrial:

        

Commercial

 $152,953  $152,640 

Municipal

  113,058   94,724 

Commercial real estate:

        

Non-owner occupied

  305,962   311,565 

Owner occupied

  299,394   304,399 

Construction

  48,473   39,823 

Consumer:

        

Home equity installment

  55,626   56,640 

Home equity line of credit

  52,564   52,348 

Auto loans - Recourse

  10,980   10,756 

Auto loans - Non-recourse

  102,622   112,595 

Direct finance leases

  32,544   33,601 

Other

  16,045   16,500 

Residential:

        

Real estate

  475,712   465,010 

Construction

  33,174   36,536 

Total

  1,699,107   1,687,137 

Less:

        

Allowance for credit losses on loans

  (18,886)  (18,806)

Unearned lease revenue

  (2,079)  (2,039)

Loans and leases, net

 $1,678,142  $1,666,292 
Schedule of Unamortized Net Costs and Premiums Included in Loans [Table Text Block]

(dollars in thousands)

 

March 31, 2024

  

December 31, 2023

 

Net unamortized fair value mark discount on acquired loans

 $(6,015) $(6,468)

Net unamortized deferred loan origination costs

  4,966   4,930 

Total

 $(1,049) $(1,538)
Financing Receivable, Nonaccrual [Table Text Block]

(dollars in thousands)

 

Non-accrual With No Allowance for Credit Loss

  

Non-accrual With an Allowance for Credit Loss

  

Total Non-accrual

  

Loans Past Due Over 89 Days Still Accruing

 

At March 31, 2024

                

Commercial and industrial:

                

Commercial

 $-  $55  $55  $- 

Municipal

  -   -   -   - 

Commercial real estate:

                

Non-owner occupied

  525   -   525   - 

Owner occupied

  1,578   457   2,035   - 

Consumer:

                

Home equity installment

  79   -   79   - 

Home equity line of credit

  299   67   366   - 

Auto loans - Recourse

  -   -   -   - 

Auto loans - Non-recourse

  27   8   35   - 

Direct finance leases

  -   -   -   12 

Other

  -   24   24   - 

Residential:

                

Real estate

  438   -   438   - 

Total

 $2,946  $611  $3,557  $12 

(dollars in thousands)

 

Non-accrual With No Allowance for Credit Loss

  

Non-accrual With an Allowance for Credit Loss

  

Total Non-accrual

  

Loans Past Due Over 89 Days Still Accruing

 

At December 31, 2023

                

Commercial and industrial:

                

Commercial

 $39  $16  $55  $- 

Municipal

  -   -   -   - 

Commercial real estate:

                

Non-owner occupied

  252   -   252   - 

Owner occupied

  2,040   210   2,250   - 

Construction

  -       -     

Consumer:

                

Home equity installment

  70   -   70   - 

Home equity line of credit

  297   67   364   - 

Auto loans - Recourse

  -   -   -   - 

Auto loans - Non-recourse

  32   7   39   - 

Direct finance leases

  -   -   -   14 

Other

  -   -   -   - 

Residential:

                

Real estate

  278   -   278   - 

Total

 $3,008  $300  $3,308  $14 
Financing Receivable, Modified [Table Text Block]
  

Loans modified during the three months ended:

 

(dollars in thousands)

 

March 31, 2024

 
  

Principal Forgiveness

  

Payment Delay

  

Term Extension

  

Interest Rate Reduction

  

Combination Term Extension and Principal Forgiveness

  

Combination Term Extension Interest Rate Reduction

  

Total Class of Financing Receivable

 

Commercial real estate:

                            

Non-owner occupied

 $-  $-  $849  $-  $-  $-   0.28

%

Owner occupied

  -   -   6,533   -   -   -   2.18%

Total

 $-  $-  $7,382  $-  $-  $-    
  

Loans modified during the three months ended:

 

(dollars in thousands)

 

March 31, 2023

 
  

Principal Forgiveness

  

Payment Delay

  

Term Extension

  

Interest Rate Reduction

  

Combination Term Extension and Principal Forgiveness

  

Combination Term Extension Interest Rate Reduction

  

Total Class of Financing Receivable

 

Commercial real estate:

                            

Non-owner occupied

 $-  $-  $65  $3,261  $-  $-   1.07%

Total

 $-  $-  $65  $3,261  $-  $-    
                     

(dollars in thousands)

 

March 31, 2024

 
  

Current

  

30 - 59 Days Past Due

  

60 - 89 Days Past Due

  

Greater Than 89 Days Past Due

  

Total Past Due

 
                     

Commercial and industrial:

                    

Commercial

 $15  $-  $-  $-  $- 

Commercial real estate:

                    

Non-owner occupied

  849   -   -   -   - 

Owner occupied

  8,191   -   -   -   - 

Total

 $9,055  $-  $-  $-  $- 

(dollars in thousands)

 

March 31, 2023

 
  

Current

  

30 - 59 Days Past Due

  

60 - 89 Days Past Due

  

Greater Than 89 Days Past Due

  

Total Past Due

 
                     

Commercial real estate:

                    

Non-owner occupied

 $3,326  $-  $-  $-  $- 

Total

 $3,326  $-  $-  $-  $- 

(dollars in thousands)

 

March 31, 2024

 
  

Principal Forgiveness

  

Weighted-Average Interest Rate Reduction

  

Weighted-Average Term Extension (Months)

 
             

Commercial real estate:

            

Non-owner occupied

 $-   -

%

  3.0 

Owner occupied

  -   -   5.0 

(dollars in thousands)

 

March 31, 2023

 
  

Principal Forgiveness

  

Weighted-Average Interest Rate Reduction

  

Weighted-Average Term Extension (Months)

 
             

Commercial real estate:

            

Non-owner occupied

 $-   6.13%  6.0 
Financing Receivable, Past Due [Table Text Block]
                           

Recorded

 
          

Past due

               

investment past

 
  

30 - 59 Days

  

60 - 89 Days

  

90 days

  

Total

      

Total

   

due ≥ 90 days

 

March 31, 2024

 

past due

  

past due

  

or more (1)

  

past due

  

Current

  

loans (3)

   

and accruing

 
                              

Commercial and industrial:

                             

Commercial

 $145   -   55  $200  $152,753  $152,953   $- 

Municipal

  -   -   -   -   113,058   113,058      

Commercial real estate:

                             

Non-owner occupied

  -   285   525   810   305,152   305,962    - 

Owner occupied

  72   70   2,035   2,177   297,217   299,394    - 

Construction

  -   -   -   -   48,473   48,473    - 

Consumer:

                             

Home equity installment

  164   -   79   243   55,383   55,626    - 

Home equity line of credit

  89   -   366   455   52,109   52,564    - 

Auto loans - Recourse

  46   -   -   46   10,934   10,980    - 

Auto loans - Non-recourse

  519   13   35   567   102,055   102,622    - 

Direct finance leases

  211   -   12   223   30,242   30,465 

(2)

  12 

Other

  118   9   24   151   15,894   16,045    - 

Residential:

                             

Real estate

  -   430   438   868   474,844   475,712    - 

Construction

  -   -   -   -   33,174   33,174    - 

Total

 $1,364  $807  $3,569  $5,740  $1,691,288  $1,697,028   $12 
                           

Recorded

 
          

Past due

               

investment past

 
  

30 - 59 Days

  

60 - 89 Days

  

90 days

  

Total

      

Total

   

due ≥ 90 days

 

December 31, 2023

 

past due

  

past due

  

or more (1)

  

past due

  

Current

  

loans (3)

   

and accruing

 
                              

Commercial and industrial

                             

Commercial

 $77  $16  $55  $148  $152,492  $152,640   $- 

Municipal

  -   -   -   -   94,724   94,724      

Commercial real estate:

                             

Non-owner occupied

  85   65   252   402   311,163   311,565    - 

Owner occupied

  1,875   104   2,250   4,229   300,170   304,399    - 

Construction

  -   -   -   -   39,823   39,823    - 

Consumer:

                             

Home equity installment

  105   150   70   325   56,315   56,640    - 

Home equity line of credit

  60   92   364   516   51,832   52,348    - 

Auto loans - Recourse

  86   1   -   87   10,669   10,756    - 

Auto loans - Non-recourse

  417   48   39   504   112,091   112,595    - 

Direct finance leases

  548   -   14   562   31,000   31,562 

(2)

  14 

Other

  30   4   -   34   16,466   16,500    - 

Residential:

                             

Real estate

  42   682   278   1,002   464,008   465,010    - 

Construction

  -   -   -   -   36,536   36,536    - 

Total

 $3,325  $1,162  $3,322  $7,809  $1,677,289  $1,685,098   $14 
Financing Receivable Credit Quality Indicators [Table Text Block]

March 31, 2024

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving Loans Amortized Cost Basis

  

Revolving Loans Converted to Term

  

Total

 

Commercial and industrial

                                    

Risk Rating

                                    

Pass

 $5,443  $29,235   18,316   15,459   4,978   18,956   52,436  $-  $144,823 

Special Mention

  -   -   139   193   -   -   -   -   332 

Substandard

  -   -   259   6,338   17   353   831   -   7,798 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial and industrial

 $5,443  $29,235  $18,714  $21,990  $4,995  $19,309  $53,267  $-  $152,953 

Current period gross write-offs

 $-  $-  $-  $30  $-  $84  $-  $-  $114 
                                     

Commercial and industrial - municipal

                                    

Risk Rating

                                    

Pass

 $16,861  $26,778  $15,758  $21,783  $12,996  $18,882  $-  $-  $113,058 

Special Mention

  -   -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   -   - 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial and industrial - municipal

 $16,861  $26,778  $15,758  $21,783  $12,996  $18,882  $-  $-  $113,058 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Commercial real estate - non-owner occupied

                                    

Risk Rating

                                    

Pass

 $3,814  $33,675   38,013   70,006   41,912   102,540  $7,269  $-  $297,229 

Special Mention

  -   -   -   -   -   -   -   -   - 

Substandard

  -   -   -   688   125   7,920   -   -   8,733 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial real estate - non-owner occupied

 $3,814  $33,675  $38,013  $70,694  $42,037  $110,460  $7,269  $-  $305,962 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Commercial real estate - owner occupied

                                    

Risk Rating

                                    

Pass

 $1,922   29,866   58,559   45,279   28,676   104,280   10,805  $-  $279,387 

Special Mention

  -   -   -   486   -   -   -   -   486 

Substandard

     -   6,740   512   527   11,156   586   -   19,521 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial real estate - owner occupied

 $1,922  $29,866  $65,299  $46,277  $29,203  $115,436  $11,391  $-  $299,394 

Current period gross write-offs

 $-  $-  $-  $-  $-  $5  $-  $-  $5 
                                     

Commercial real estate - construction

                                    

Risk Rating

                                    

Pass

 $4,846  $21,758  $17,216  $-  $-  $3,689  $964  $-  $48,473 

Special Mention

  -   -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   -   - 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial real estate - construction

 $4,846  $21,758  $17,216  $-  $-  $3,689  $964  $-  $48,473 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 

March 31, 2024

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving Loans Amortized Cost Basis

  

Revolving Loans Converted to Term

  

Total

 

Home equity installment

                                    

Payment performance

                                    

Performing

 $1,416  $8,372  $17,214  $9,081  $7,501  $11,963  $-  $-  $55,547 

Non-performing

  -   -   -   -   -   79   -   -   79 

Total home equity installment

 $1,416  $8,372  $17,214  $9,081  $7,501  $12,042  $-  $-  $55,626 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Home equity line of credit

                                    

Payment performance

                                    

Performing

 $-  $-  $-  $-  $-  $-  $41,497  $10,701  $52,198 

Non-performing

  -   -   -   -   -   -   366   -   366 

Total home equity line of credit

 $-  $-  $-  $-  $-  $-  $41,863  $10,701  $52,564 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Auto loans - recourse

                                    

Payment performance

                                    

Performing

 $1,236  $3,029  $1,779  $2,540  $1,678  $718  $-  $-  $10,980 

Non-performing

  -   -   -   -   -   -   -   -   - 

Total auto loans - recourse

 $1,236  $3,029  $1,779  $2,540  $1,678  $718  $-  $-  $10,980 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Auto loans - non-recourse

                                    

Payment performance

                                    

Performing

 $1,375  $36,683  $38,441  $15,457  $6,823  $3,808  $-  $-  $102,587 

Non-performing

  -   -   12   4   -   19   -   -   35 

Total auto loans - non-recourse

 $1,375  $36,683  $38,453  $15,461  $6,823  $3,827  $-  $-  $102,622 

Current period gross write-offs

 $-  $15  $29  $6  $3  $-  $-  $-  $53 
                                     

Direct finance leases (1)

                                    

Payment performance

                                    

Performing

 $2,852  $10,252  $9,776  $6,568  $935  $70  $-  $-  $30,453 

Non-performing

  -   -   -   12   -   -   -   -   12 

Total direct finance leases

 $2,852  $10,252  $9,776  $6,580  $935  $70  $-  $-  $30,465 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Consumer - other

                                    

Payment performance

                                    

Performing

 $1,422  $7,244  $2,767  $1,770  $592  $898  $1,328  $-  $16,021 

Non-performing

  -   -   24   -   -   -   -   -   24 

Total consumer - other

 $1,422  $7,244  $2,791  $1,770  $592  $898  $1,328  $-  $16,045 

Current period gross write-offs

 $1  $15  $10  $10  $2  $16  $-  $-  $54 
                                     

Residential real estate

                                    

Payment performance

                                    

Performing

 $9,706  $52,897  $84,935  $139,372  $51,022  $137,342  $-  $-  $475,274 

Non-performing

  -   -   -   -   -   438   -   -   438 

Total residential real estate

 $9,706  $52,897  $84,935  $139,372  $51,022  $137,780  $-  $-  $475,712 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Residential - construction

                                    

Payment performance

                                    

Performing

 $2,212  $12,642  $8,601  $6,420  $2,665  $634  $-  $-  $33,174 

Non-performing

  -   -   -   -   -   -   -   -   - 

Total residential - construction

 $2,212  $12,642  $8,601  $6,420  $2,665  $634  $-  $-  $33,174 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 

December 31, 2023

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving Loans Amortized Cost Basis

  

Revolving Loans Converted to Term

  

Total

 

Commercial and industrial

                                    

Risk Rating

                                    

Pass

 $30,328  $19,115   22,820   4,848   6,922   12,156   53,758  $-  $149,947 

Special Mention

  -   597   288   -   -   55   30   -   970 

Substandard

  -   -   16   20   53   324   1,310   -   1,723 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial and industrial

 $30,328  $19,712  $23,124  $4,868  $6,975  $12,535  $55,098  $-  $152,640 

Current period gross write-offs

 $-  $-  $300  $20  $-  $-  $-  $-  $320 
                                     

Commercial and industrial - municipal

                                    

Risk Rating

                                    

Pass

 $27,016  $13,933  $21,241  $13,137  $1,445  $17,952  $-  $-  $94,724 

Special Mention

  -   -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   -   - 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial and industrial - municipal

 $27,016  $13,933  $21,241  $13,137  $1,445  $17,952  $-  $-  $94,724 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Commercial real estate - non-owner occupied

                                    

Risk Rating

                                    

Pass

 $34,103  $37,508   71,209   42,692   17,390   89,860  $6,779  $-  $299,541 

Special Mention

  -   -   1,044   304   -   1,375   -   -   2,723 

Substandard

  -   65   1,063   129   566   7,478   -   -   9,301 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial real estate - non-owner occupied

 $34,103  $37,573  $73,316  $43,125  $17,956  $98,713  $6,779  $-  $311,565 

Current period gross write-offs

 $-  $-  $-  $-  $-  $32  $-  $-  $32 
                                     

Commercial real estate - owner occupied

                                    

Risk Rating

                                    

Pass

 $29,429   59,132   47,240   29,377   24,636   84,423   9,731  $-  $283,968 

Special Mention

  -   199   554   -   -   -   125   -   878 

Substandard

     7,029   379   560   -   10,991   594   -   19,553 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial real estate - owner occupied

 $29,429  $66,360  $48,173  $29,937  $24,636  $95,414  $10,450  $-  $304,399 

Current period gross write-offs

 $-  $-  $-  $-  $-  $59  $-  $-  $59 
                                     

Commercial real estate - construction

                                    

Risk Rating

                                    

Pass

 $15,075  $17,358  $852  $-  $-  $3,739  $2,799  $-  $39,823 

Special Mention

  -   -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   -   - 

Doubtful

  -   -   -   -   -   -   -   -   - 

Total commercial real estate - construction

 $15,075  $17,358  $852  $-  $-  $3,739  $2,799  $-  $39,823 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 

December 31, 2023

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving Loans Amortized Cost Basis

  

Revolving Loans Converted to Term

  

Total

 

Home equity installment

                                    

Payment performance

                                    

Performing

 $8,581  $17,890  $9,487  $7,988  $3,832  $8,792  $-  $-  $56,570 

Non-performing

  -   -   -   -   -   70   -   -   70 

Total home equity installment

 $8,581  $17,890  $9,487  $7,988  $3,832  $8,862  $-  $-  $56,640 

Current period gross write-offs

 $-  $-  $-  $-  $-  $26  $-  $-  $26 
                                     

Home equity line of credit

                                    

Payment performance

                                    

Performing

 $-  $-  $-  $-  $-  $-  $40,939  $11,045  $51,984 

Non-performing

  -   -   -   -   -   -   364   -   364 

Total home equity line of credit

 $-  $-  $-  $-  $-  $-  $41,303  $11,045  $52,348 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Auto loans - recourse

                                    

Payment performance

                                    

Performing

 $3,120  $1,957  $2,834  $1,926  $765  $154  $-  $-  $10,756 

Non-performing

  -   -   -   -   -   -   -   -   - 

Total auto loans - recourse

 $3,120  $1,957  $2,834  $1,926  $765  $154  $-  $-  $10,756 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Auto loans - non-recourse

                                    

Payment performance

                                    

Performing

 $39,673  $42,059  $17,314  $8,162  $3,999  $1,349  $-  $-  $112,556 

Non-performing

  -   -   3   17   -   19   -   -   39 

Total auto loans - non-recourse

 $39,673  $42,059  $17,317  $8,179  $3,999  $1,368  $-  $-  $112,595 

Current period gross write-offs

 $3  $7  $105  $36  $15  $-  $-  $-  $166 
                                     

Direct finance leases (1)

                                    

Payment performance

                                    

Performing

 $11,569  $10,728  $7,508  $1,660  $83  $-  $-  $-  $31,548 

Non-performing

  -   -   14   -   -   -   -   -   14 

Total direct finance leases

 $11,569  $10,728  $7,522  $1,660  $83  $-  $-  $-  $31,562 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Consumer - other

                                    

Payment performance

                                    

Performing

 $8,127  $3,266  $1,963  $705  $368  $762  $1,309  $-  $16,500 

Non-performing

  -   -   -   -   -   -   -   -   - 

Total consumer - other

 $8,127  $3,266  $1,963  $705  $368  $762  $1,309  $-  $16,500 

Current period gross write-offs

 $125  $77  $16  $7  $17  $29  $-  $-  $271 
                                     

Residential real estate

                                    

Payment performance

                                    

Performing

 $53,604  $80,516  $137,620  $51,710  $29,859  $111,423  $-  $-  $464,732 

Non-performing

  -   -   -   -   -   278   -   -   278 

Total residential real estate

 $53,604  $80,516  $137,620  $51,710  $29,859  $111,701  $-  $-  $465,010 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Residential - construction

                                    

Payment performance

                                    

Performing

 $10,733  $13,084  $9,267  $2,675  $343  $434  $-  $-  $36,536 

Non-performing

  -   -   -   -   -   -   -   -   - 

Total residential - construction

 $10,733  $13,084  $9,267  $2,675  $343  $434  $-  $-  $36,536 

Current period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
Schedule of Collateral Dependent Loans [Table Text Block]

(dollars in thousands)

 

Real Estate

  

Other

  

Total Collateral-Dependent Loans

 

At March 31, 2024

            

Commercial and industrial:

            

Commercial

 $-  $55  $55 

Commercial real estate:

            

Non-owner occupied

  525   -   525 

Owner occupied

  2,035   -   2,035 

Consumer:

            

Home equity installment

  79   -   79 

Home equity line of credit

  366   -   366 

Auto loans - Non-recourse

  -   35   35 

Other

  24   -   24 

Residential:

            

Real estate

  438   -   438 

Total

 $3,467  $90  $3,557 

(dollars in thousands)

 

Real Estate

  

Other

  

Total Collateral-Dependent Loans

 

At December 31, 2023

            

Commercial and industrial:

            

Commercial

 $-  $55  $55 

Commercial real estate:

            

Non-owner occupied

  252   -   252 

Owner occupied

  2,250   -   2,250 

Consumer:

            

Home equity installment

  70   -   70 

Home equity line of credit

  364   -   364 

Auto loans - Non-recourse

  -   39   39 

Residential:

            

Real estate

  278   -   278 

Total

 $3,214  $94  $3,308 
Financing Receivable, Allowance for Credit Loss [Table Text Block]

As of and for the three months ended March 31, 2024

                     
  

Commercial &

  

Commercial

      

Residential

         

(dollars in thousands)

 

industrial

  

real estate

  

Consumer

  

real estate

  

Unallocated

  

Total

 

Allowance for Credit Losses:

                        

Beginning balance

 $1,850  $8,835  $2,391  $5,694  $36  $18,806 

Charge-offs

  (114)  (5)  (107)  -   -   (226)

Recoveries

  2   155   22   2   -   181 

Provision (benefit) for credit losses

  166   (161)  (43)  150   13   125 

Ending balance

 $1,904  $8,824  $2,263  $5,846  $49  $18,886 

As of and for the three months ended March 31, 2023

                     
  

Commercial &

  

Commercial

      

Residential

         

(dollars in thousands)

 

industrial

  

real estate

  

Consumer

  

real estate

  

Unallocated

  

Total

 

Allowance for Credit Losses:

                        

Beginning balance

 $2,924  $7,162  $2,827  $4,169  $67  $17,149 

Impact of adopting ASC 326

  278   756   (547)  198   (67)  618 

Initial allowance on loans purchased with credit deterioration

  -   126   -   -   -   126 

Charge-offs

  (170)  (32)  (101)  -   -   (303)

Recoveries

  20   39   72   9   -   140 

Provision (benefit) for loan losses

  (502)  106   197   307   72   180 

Ending balance

 $2,550  $8,157  $2,448  $4,683  $72  $17,910 
Schedule of Credit Loss on Unfunded Commitments [Table Text Block]

(dollars in thousands)

 

For the Three Months Ended March 31, 2024

  

For the Three Months Ended March 31, 2023

 

Beginning balance

 $944  $49 

Impact of adopting ASC 326

  -   1,060 

Provision (benefit) for credit losses

  (50)  225 

Ending balance

 $894  $1,334 
Sales-Type and Direct Financing Leases, Payment to be Received, Maturity [Table Text Block]

(dollars in thousands)

 

Amount

 
     

2024

 $10,128 

2025

  13,162 

2026

  6,410 

2027

  2,271 

2028

  95 

2029 and thereafter

  - 

Total future minimum lease payments receivable

  32,066 

Less: Unearned income

  (2,079)

Undiscounted cash flows to be received

 $29,987