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Loan Quality And Allowance For Loan Losses (Tables)

6 Months Ended

Jun. 30, 2021

Loan Quality And Allowance For Loan Losses [Abstract]

Allowance For Loan Losses, By Loan Segment

The following table presents, by class, the activity in the Allowance for Loan Losses (ALL) for the periods shown:

		Residential Real Estate 1-4 Family
		First			Junior Liens &						Commercial
(Dollars in thousands)		Liens			Lines of Credit			Construction			Real Estate			Commercial			Consumer			Unallocated			Total
ALL at March 31, 2021		$	447		$	211		$	318		$	8,785		$	5,473		$	113		$	789		$	16,136
Charge-offs			—			—			(28)			—			(3)			(18)			—			(49)
Recoveries			—			1			—			1			54			12			—			68
Provision			12			8			59			(908)			(215)			(5)			(51)			(1,100)
ALL at June 30, 2021		$	459		$	220		$	349		$	7,878		$	5,309		$	102		$	738		$	15,055
ALL at December 31, 2020		$	555		$	226		$	294		$	9,163		$	5,679		$	97		$	775		$	16,789
Charge-offs			—			—			(28)			(13)			(8)			(36)			—			(85)
Recoveries			—			170			—			1			61			19			—			251
Provision			(96)			(176)			83			(1,273)			(423)			22			(37)			(1,900)
ALL at June 30, 2021		$	459		$	220		$	349		$	7,878		$	5,309		$	102		$	738		$	15,055
ALL at March 31, 2020		$	563		$	178		$	269		$	8,249		$	4,713		$	98		$	660		$	14,730
Charge-offs			-			—			—			—			(145)			(29)			—			(174)
Recoveries			1			—			—			—			19			4			—			24
Provision			16			19			(27)			588			1,258			32			89			1,975
ALL at June 30, 2020		$	580		$	197		$	242		$	8,837		$	5,845		$	105		$	749		$	16,555
ALL at December 31, 2019		$	416		$	119		$	187		$	6,607		$	4,021		$	84		$	532		$	11,966
Charge-offs			-			—			—			—			(365)			(59)			—			(424)
Recoveries			4			—			—			—			24			10			—			38
Provision			160			78			55			2,230			2,165			70			217			4,975
ALL at June 30, 2020		$	580		$	197		$	242		$	8,837		$	5,845		$	105		$	749		$	16,555

The following table presents, by class, loans that were evaluated for the ALL under the specific reserve (individually) and those that were evaluated under the general reserve (collectively) and the amount of the ALL established in each class as of the periods shown:

		Residential Real Estate 1-4 Family
		First			Junior Liens &						Commercial
(Dollars in thousands)		Liens			Lines of Credit			Construction			Real Estate			Commercial			Consumer			Unallocated			Total
June 30, 2021
Loans evaluated for ALL:
Individually		$	666		$	—		$	430		$	15,891		$	—		$	—		$	—		$	16,987
Collectively			134,371			68,213			19,774			479,516			273,146			7,028			—			982,048
Total		$	135,037		$	68,213		$	20,204		$	495,407		$	273,146		$	7,028		$	—		$	999,035
ALL established for ‎  loans evaluated:
Individually		$	—		$	—		$	—		$	322		$	—		$	—		$	—		$	322
Collectively			459			220			349			7,556			5,309			102			738			14,733
ALL at June 30, 2021		$	459		$	220		$	349		$	7,878		$	5,309		$	102		$	738		$	15,055
December 31, 2020
Loans evaluated for ALL:
Individually		$	637		$	—		$	512		$	16,104		$	—		$	—		$	—		$	17,253
Collectively			136,587			65,360			15,797			487,873			281,257			5,577			—			992,451
Total		$	137,224		$	65,360		$	16,309		$	503,977		$	281,257		$	5,577		$	—		$	1,009,704
ALL established for ‎  loans evaluated:
Individually		$	—		$	—		$	—		$	228		$	—		$	—		$	—		$	228
Collectively			555			226			294			8,935			5,679			97			775			16,561
ALL at December 31, 2020		$	555		$	226		$	294		$	9,163		$	5,679		$	97		$	775		$	16,789

Impaired Financing Receivables

The following table shows additional information about those loans considered to be impaired as of the periods shown:

		Impaired Loans
		With No Allowance						With Allowance
(Dollars in thousands)					Unpaid						Unpaid
		Recorded			Principal			Recorded			Principal			Related
June 30, 2021		Investment			Balance			Investment			Balance			Allowance
Residential Real Estate 1-4 Family
First liens		$	666		$	666		$	—		$	—		$	—
Junior liens and lines of credit			—			—			—			—			—
Total			666			666			—			—			—
Residential real estate - construction			430			729			—			—			—
Commercial real estate			10,095			10,861			5,796			5,796			322
Commercial			—			—			—			—			—
Total		$	11,191		$	12,256		$	5,796		$	5,796		$	322

December 31, 2020
Residential Real Estate 1-4 Family
First liens		$	637		$	637		$	—		$	—		$	—
Junior liens and lines of credit			—			—			—			—			—
Total			637			637			—			—			—
Residential real estate - construction			512			729			—			—			—
Commercial real estate			10,402			11,107			5,702			5,702			228
Commercial			—			—			—			—			—
Total		$	11,551		$	12,473		$	5,702		$	5,702		$	228

The following table shows the average of impaired loans and related interest income for the periods shown:

		Three Months Ended						Six Months Ended
		June 30, 2021						June 30, 2021
		Average			Interest			Average			Interest
(Dollars in thousands)		Recorded			Income			Recorded			Income
		Investment			Recognized			Investment			Recognized
Residential Real Estate 1-4 Family
First liens		$	669		$	7		$	652		$	15
Junior liens and lines of credit			—			—			—			—
Total			669			7			652			15
Residential real estate - construction			510			—			511			—
Commercial real estate			15,946			97			15,995			188
Commercial			—			—			—			—
Total		$	17,125		$	104		$	17,158		$	203
		Three Months Ended						Six Months Ended
		June 30, 2020						June 30, 2020
		Average			Interest			Average			Interest
(Dollars in thousands)		Recorded			Income			Recorded			Income
		Investment			Recognized			Investment			Recognized
Residential Real Estate 1-4 Family
First liens		$	651		$	8		$	653		$	19
Junior liens and lines of credit			—			—			—			—
Total			651			8			653			19
Residential real estate - construction			520			—			521			—
Commercial real estate			11,179			93			11,039			187
Commercial			—			—			—			—
Total		$	12,350		$	101		$	12,213		$	206

Aging Of Payments Of The Loan Portfolio

At June 30, 2021, the Bank had $38.0 thousand of residential properties in the process of foreclosure compared to $68.0 thousand at the end of 2020. The following table presents the aging of payments of the loan portfolio:

(Dollars in thousands)					Loans Past Due and Still Accruing															Total
		Current			30-59 Days			60-89 Days			90 Days+			Total			Non-Accrual			Loans
June 30, 2021
Residential Real Estate 1-4 Family
First liens		$	134,753		$	223		$	20		$	—		$	243		$	41		$	135,037
Junior liens and lines of credit			67,927			212			—			74			286			—			68,213
Total			202,680			435			20			74			529			41			203,250
Residential real estate - construction			19,774			—			—			—			—			430			20,204
Commercial real estate			486,529			706			—			—			706			8,172			495,407
Commercial			272,762			279			—			—			279			105			273,146
Consumer			6,997			29			2			—			31			—			7,028
Total		$	988,742		$	1,449		$	22		$	74		$	1,545		$	8,748		$	999,035

December 31, 2020
Residential Real Estate 1-4 Family
First liens		$	137,056		$	43		$	58		$	26		$	127		$	41		$	137,224
Junior liens and lines of credit			65,212			115			23			—			138			10			65,360
Total			202,268			158			81			26			265			51			202,584
Residential real estate - construction			15,797			—			—			—			—			512			16,309
Commercial real estate			495,609			74			261			—			335			8,033			503,977
Commercial			280,930			219			—			—			219			108			281,257
Consumer			5,525			38			2			12			52			—			5,577
Total		$	1,000,129		$	489		$	344		$	38		$	871		$	8,704		$	1,009,704

Internal Credit Rating For The Loan Portfolio

The following table reports the risk rating for those loans in the portfolio that are assigned an individual risk rating. Consumer purpose loans are assigned a rating of either pass or substandard based on the performance status of the loans. Substandard consumer loans are comprised of loans 90 days or more past due and still accruing, and nonaccrual loans. Commercial purpose loans may be assigned any rating in accordance with the Bank’s internal risk rating system.

	Pass			OAEM			Substandard			Doubtful
(Dollars in thousands)	(1-5)			(6)			(7)			(8)			Total
June 30, 2021
Residential Real Estate 1-4 Family
First liens	$	134,996		$	—		$	41		$	—		$	135,037
Junior liens and lines of credit		68,139			—			74			—			68,213
Total		203,135			—			115			—			203,250
Residential real estate - construction		19,774			—			430			—			20,204
Commercial real estate		438,804			38,138			18,465			—			495,407
Commercial		263,802			9,066			278			—			273,146
Consumer		7,028			—			—			—			7,028
Total	$	932,543		$	47,204		$	19,288		$	—		$	999,035

December 31, 2020
Residential Real Estate 1-4 Family
First liens	$	137,156		$	—		$	68		$	—		$	137,224
Junior liens and lines of credit		65,350			—			10			—			65,360
Total		202,506			—			78			—			202,584
Residential real estate - construction		15,797			—			512			—			16,309
Commercial real estate		449,478			35,947			18,552			—			503,977
Commercial		270,272			10,698			287			—			281,257
Consumer		5,565			—			12			—			5,577
Total	$	943,618		$	46,645		$	19,441		$	—		$	1,009,704

Troubled Debt Restructuring Loans

The following table presents information on the Bank’s Troubled Debt Restructuring (TDR) loans as of:

													Troubled Debt Restructurings
													Within the Last 12 Months
													That Have Defaulted
(Dollars in thousands)		Troubled Debt Restructurings											On Modified Terms
		Number of		Recorded									Number of		Recorded
		Contracts		Investment			Performing*			Nonperforming*			Contracts		Investment
June 30, 2021
Residential real estate - construction		1		$	430		$	—		$	430		—		$	—
Residential real estate		5			666			625			41		—			—
Commercial real estate - owner occupied		4			1,199			849			350		—			—
Commercial real estate - farm land		6			2,173			2,173			—		—			—
Commercial real estate - construction and land development		2			5,947			5,703			244		—			—
Commercial real estate		2			314			113			201		—			—
Total		20		$	10,729		$	9,463		$	1,266		—		$	—
December 31, 2020
Residential real estate - construction		1		$	434		$	434		$	—		—		$	—
Residential real estate		4			637			637			—		—			—
Commercial real estate - owner occupied		4			1,224			1,224			—		—			—
Commercial real estate - farm land		6			2,257			2,257			—		—			—
Commercial real estate - construction and land development		2			6,129			6,129			—		—			—
Commercial real estate		2			330			122			208		—			—
Total		19		$	11,011		$	10,803		$	208		—		$	—

*The performing status is determined by the loan’s compliance with the modified terms.

‎

The following table reports new TDR loans during 2021, concession granted and the recorded investment as of June 30, 2021:

New During Period

Six Months Ended

Number of

Pre-TDR

After-TDR

Recorded

June 30, 2021

Contracts

Modification

Modification

Investment

Concession

Residential real estate

1

$

41

$

41

$

41

multiple

The following table reports new TDR loans during 2020, concession granted and the recorded investment as of June 30, 2021:

		New During Period
Twelve Months Ended		Number of			Pre-TDR			After-TDR			Recorded
December 31, 2020		Contracts			Modification			Modification			Investment		Concession
Commercial real estate - farm land		1		$	650		$	650		$	653		multiple
Commercial real estate - owner occupied		2			426			426			423		maturity
		3		$	1,076		$	1,076		$	1,076

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