XML 31 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
Loans
12 Months Ended
Dec. 31, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Loans
Loans
The composition of loans at December 31, 2017 and 2016 was as follows:
 
 
 
December 31,
 
 
2017
 
2016
 
 
(in thousands)
Mortgage loans on real estate:
 
 
 
 
Construction and land development
 
$
43,786

 
$
23,266

Secured by farmland
 
8,568

 
8,525

Secured by 1-4 family residential properties
 
223,210

 
227,966

Multifamily
 
4,095

 
3,566

Commercial
 
239,915

 
208,525

Commercial and industrial loans
 
37,427

 
30,341

Consumer installment loans
 
10,187

 
12,677

All other loans
 
2,050

 
2,259

Total loans
 
$
569,238

 
$
517,125

Net deferred loan fees
 
(421
)
 
(183
)
Allowance for loan losses
 
(4,411
)
 
(4,505
)
Net Loans
 
$
564,406

 
$
512,437