Loan Quality And Allowance For Credit Losses (Tables)

3 Months Ended

Mar. 31, 2023

Loan Quality And Allowance For Credit Losses [Abstract]

Schedule of loans by Year of origination and Internally Assigned Risk Ratings


(Dollars in thousands, except per share)													Revolving		Revolving
	Term Loans												Loans		Loans
	Amortized Cost Basis by Origination Year												Amortized		Converted
As of March 31	2023		2022		2021		2020		2019		Prior		Cost Basis		to Term		Total
Residential real estate 1-4 family:
Commercial:
Risk rating:
Pass (1-5)	$	2,581	$	9,807	$	12,658	$	10,043	$	3,045	$	25,496	$	2,202	$	975	$	66,807
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		—		—		—		—		—		120		—		120
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total Commercial		2,581		9,807		12,658		10,043		3,045		25,496		2,322		975		66,927
Consumer:
Performing		8,073		23,784		16,757		12,274		6,032		31,690		47,025		16,566		162,201
Nonperforming		—		—		—		—		—		104		—		—		104
Total Consumer		8,073		23,784		16,757		12,274		6,032		31,794		47,025		16,566		162,305
Total	$	10,654	$	33,591	$	29,415	$	22,317	$	9,077	$	57,290	$	49,347	$	17,541	$	229,232

Residential real estate 1-4 family:
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Residential real estate construction:
Commercial:
Risk rating:
Pass (1-5)	$	594	$	2,869	$	2,316	$	238	$	731	$	3,144	$	—	$	—	$	9,892
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		—		—		—		—		—		—		—		—
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total Commercial		594		2,869		2,316		238		731		3,144		—		—		9,892
Consumer:
Performing		82		9,477		—		—		—		—		—		—		9,559
Nonperforming		—		—		—		—		—		—		—		—		—
Total Consumer		82		9,477		—		—		—		—		—		—		9,559
Total	$	676	$	12,346	$	2,316	$	238	$	731	$	3,144	$	—	$	—	$	19,451

Residential real estate construction:
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial real estate:
Risk rating:
Pass (1-5)	$	23,385	$	113,854	$	98,742	$	329,898	$	—	$	—	$	5,686	$	—	$	571,565
OAEM (6)		—		—		—		1,089		—		—		—		—		1,089
Substandard (7)		—		—		—		2,812		—		—		50		—		2,862
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total	$	23,385	$	113,854	$	98,742	$	333,799	$	—	$	—	$	5,736	$	—	$	575,516

Commercial real estate:
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial:
Risk rating:
Pass (1-5)	$	15,512	$	37,608	$	46,469	$	102,789	$	—	$	—	$	39,646	$	—	$	242,024
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		276		—		3,773		—		—		969		—		5,018
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total	$	15,512	$	37,884	$	46,469	$	106,562	$	—	$	—	$	40,615	$	—	$	247,042

Commercial:
Current period gross charge-offs	$	(5)	$	—	$	(81)	$	—	$	—	$	—	$	—	$	—	$	(86)

Consumer:
Performing		2,324		952		534		502		—		—		1,893		—		6,205
Nonperforming		—		—		—		—		—		—		—		—		—
Total	$	2,324	$	952	$	534	$	502	$	—	$	—	$	1,893	$	—	$	6,205

Consumer:
Current period gross charge-offs	$	(13)	$	—	$	(6)	$	—	$	—	$	—	$	(15)	$	—	$	(34)

Schedule of nonaccrual loans and loans past due over 90 days and still on accrual by class of loans


(Dollars in thousands)	Nonaccrual and Loans Past Due Over 90 Days+
					Loans Past Due
	Nonaccrual		Nonaccrual		Over 90 Days
	Without ACL		With ACL		Still Accruing
March 31, 2023
Residential Real Estate 1-4 Family
First liens	$	120	$	—	$	104
Junior liens and lines of credit		—		—		2
Total		120		—		106
Residential real estate - construction		—		—		—
Commercial real estate		—		—		—
Commercial		—		—		—
Consumer		—		—		—
Total	$	120	$	—	$	106

Internal Credit Rating For The Loan Portfolio


	Pass		OAEM		Substandard		Doubtful
(Dollars in thousands)	(1-5)		(6)		(7)		(8)		Total

December 31, 2022
Residential Real Estate 1-4 Family
First liens	$	144,377	$	—	$	120	$	—	$	144,497
Junior liens and lines of credit		73,688		—		—		—		73,688
Total		218,065		—		120		—		218,185
Residential real estate - construction		24,393		—		—		—		24,393
Commercial real estate		562,665		1,095		2,902		—		566,662
Commercial		228,085		2,751		4,766		—		235,602
Consumer		6,199		—		—		—		6,199
Total	$	1,039,407	$	3,846	$	7,788	$	—	$	1,051,041

Aging Of Payments Of The Loan Portfolio


(Dollars in thousands)	Loans Past Due
							Total				Total
	30-59 Days		60-89 Days		90 Days+		Past Due		Current		Loans
March 31, 2023
Residential Real Estate 1-4 Family
First liens	$	70	$	—	$	224	$	294	$	155,815	$	156,109
Junior liens and lines of credit		184		30		2		216		72,907		73,123
Total		254		30		226		510		228,722		229,232
Residential real estate - construction		—		—		—		—		19,451		19,451
Commercial real estate		195		—		—		195		575,321		575,516
Commercial		335		10		—		345		246,697		247,042
Consumer		22		31		—		53		6,152		6,205
Total	$	806	$	71	$	226	$	1,103	$	1,076,343	$	1,077,446


									Total
									Past Due &				Total
December 31, 2022	30-59 Days		60-89 Days		90 Days+		Nonaccrual		Nonaccrual		Current		Loans
Residential Real Estate 1-4 Family
First liens	$	340	$	177	$	—	$	120	$	637	$	143,860	$	144,497
Junior liens and lines of credit		490		—		—		—		490		73,198		73,688
Total		830		177		—		120		1,127		217,058		218,185
Residential real estate - construction		—		—		—		—		—		24,393		24,393
Commercial real estate		649		—		—		—		649		566,013		566,662
Commercial		681		50		—		—		731		234,871		235,602
Consumer		29		5		13		—		47		6,152		6,199
Total	$	2,189	$	232	$	13	$	120	$	2,421	$	2,434	$	1,051,041

Allowance for Credit Losses (ACL), By Loan Segment


	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 December 31, 2022	$	459	$	234	$	343	$	7,493	$	4,846	$	133	$	667	$	14,175
Impact of adopting ASU 2016-13		1,096		493		(95)		584		(1,907)		(40)		(667)		(536)
Charge-offs		—		—		—		—		(86)		(34)		—		(120)
Recoveries		2		—		39		—		67		15		—		123
Provision		67		(37)		(97)		159		355		20		—		467
ACL at March 31, 2023	$	1,624	$	690	$	190	$	8,236	$	3,275	$	94	$	—	$	14,109

ALL at December 31, 2021	$	475	$	252	$	325	$	8,168	$	5,127	$	130	$	589	$	15,066
Charge-offs		(20)		—		—		—		(1)		(24)		—		(45)
Recoveries		15		1		—		—		5		8		—		29
Provision		10		—		4		(206)		52		11		129		—
ALL at March 31, 2022	$	480	$	253	$	329	$	7,962	$	5,183	$	125	$	718	$	15,050

The following table presents, by class, loans that were evaluated for the ACL under the specific reserve (individually) and those that were evaluated under the general reserve (collectively) and the amount of the ACL established in each class as of December 31, 2022:



	Residential Real Estate 1-4 Family
	First		Junior Liens &				Commercial
(Dollars in thousands)	Liens		Lines of Credit		Construction		Real Estate		Commercial		Consumer		Unallocated		Total
December 31, 2022
Loans evaluated for ALL:
Individually	$	619	$	—	$	—	$	2,331	$	—	$	—	$	—	$	2,950
Collectively		143,878		73,688		24,393		564,331		235,602		6,199		—		1,048,091
Total	$	144,497	$	73,688	$	24,393	$	566,662	$	235,602	$	6,199	$	—	$	1,051,041

ALL established for ‎ loans evaluated:
Individually	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively		459		234		343		7,493		4,846		133		667		14,175
ALL at December 31, 2022	$	459	$	234	$	343	$	7,493	$	4,846	$	133	$	667	$	14,175

Impaired Financing Receivables


	Impaired Loans
	With No Allowance				With Allowance
(Dollars in thousands)			Unpaid				Unpaid
	Recorded		Principal		Recorded		Principal		Related
December 31, 2022	Investment		Balance		Investment		Balance		Allowance
Residential Real Estate 1-4 Family
First liens	$	619	$	619	$	—	$	—	$	—
Junior liens and lines of credit		—		—		—		—		—
Total		619		619		—		—		—
Residential real estate - construction		—		—		—		—		—
Commercial real estate		2,331		2,331		—		—		—
Commercial		—		—		—		—		—
Total	$	2,950	$	2,950	$	—	$	—	$	—

Troubled Debt Restructuring Loans


								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
December 31, 2022
Residential real estate - construction	—	$	—	$	—	$	—	—	$	—
Residential real estate	5		619		619		—	—		—
Commercial real estate - owner occupied	3		783		783		—	—		—
Commercial real estate - farm land	3		1,466		1,466		—	—		—
Commercial real estate - construction and land development	—		—		—		—	—		—
Commercial real estate - other	1		82		82		—	—		—
Total	12	$	2,950	$	2,950	$	—	—	$	—

*The performing status is determined by the loans compliance with the modified terms. Nonperforming is considered 90 days or more past due.