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Loans

12 Months Ended

Dec. 31, 2019

Loans and Leases Receivable Disclosure [Abstract]

Loans

Loans

The composition of loans at December 31, 2019 and 2018 was as follows:

		December 31,
		2019				2018
		(in thousands)
Mortgage loans on real estate:
Construction and land development		$	42,561			$	54,675
Secured by farmland		13,917				7,251
Secured by 1-4 family residential properties		219,580				221,861
Multifamily		14,415				7,923
Commercial		286,600				265,595
Commercial and industrial loans		46,543				33,086
Consumer installment loans		9,541				8,470
All other loans		12,050				8,454
Total loans		$	645,207			$	607,315
Net deferred loan fees		(447		)		(488		)
Allowance for loan losses		(4,973		)		(5,456		)
Net Loans		$	639,787			$	601,371

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- Definition

The entire disclosure for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2196772

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-URI http://asc.fasb.org/subtopic&trid=2196816

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- References

No definition available.

+ Details

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