XML 37 R28.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Loans and Allowance for Loan Losses (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Receivables [Abstract] |
Schedule Of Composition Of Loans | The composition of loans at September 30, 2022 and December 31, 2021 was as follows:
|  | September 30, |  |  | December 31, |
|  | 2022 |  |  | 2021 |
|  | (in thousands) |
Mortgage loans on real estate: |  |  |  |  |  |
Construction and land development |  | $ | 69,255 |  |  | $ | 71,191 |
Secured by farmland |  |  | 16,220 |  |  |  | 13,710 |
Secured by 1-4 family residential properties |  |  | 280,880 |  |  |  | 263,723 |
Multifamily |  |  | 38,877 |  |  |  | 29,093 |
Commercial |  |  | 491,364 |  |  |  | 377,051 |
Commercial and industrial loans |  |  | 179,848 |  |  |  | 143,378 |
Consumer installment loans |  |  | 107,877 |  |  |  | 67,281 |
All other loans |  |  | 11,167 |  |  |  | 16,798 |
Total loans |  | $ | 1,195,488 |  |  | $ | 982,225 |
Net deferred loan costs and premiums |  |  | 6,353 |  |  |  | 3,495 |
Allowance for loan losses |  |  | (10,742 | ) |  |  | (8,787 | )
|  | $ | 1,191,099 |  |  | $ | 976,933 |
Changes In Allowance For Loan Losses | Changes in the allowance for loan losses for the nine months ended September 30, 2022 and 2021 and the year ended December 31, 2021 were as follows:
|  | Nine Months Ended |  |  | Year Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | December 31, |  |  | September 30, |
|  | 2022 |  |  | 2021 |  |  | 2021 |
|  |  |  |  | (in thousands) |  |  |  |
Balance, beginning |  | $ | 8,787 |  |  | $ | 7,096 |  |  | $ | 7,096 |
Provision for loan losses |  |  | 900 |  |  |  | 1,483 |  |  |  | 1,183 |
Recoveries added to the allowance |  |  | 1,224 |  |  |  | 318 |  |  |  | 238 |
Loan losses charged to the allowance |  |  | (169 | ) |  |  | (110 | ) |  |  | (69 | )
Balance, ending |  | $ | 10,742 |  |  | $ | 8,787 |  |  | $ | 8,448 |
Nonaccrual And Past Due Loans By Class | Nonaccrual and past due loans by class at September 30, 2022 and December 31, 2021 were as follows:
|  | September 30, 2022 |
|  | (in thousands) |
|  | 30 - 59 Days Past Due |  |  | 60 - 89 Days Past Due |  |  | 90 or More Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total Loans |  |  | 90 or More Days Past Due Still Accruing |  |  | Nonaccrual Loans |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 301 |  |  | $ | 32 |  |  | $ | 73 |  |  | $ | 406 |  |  | $ | 179,442 |  |  | $ | 179,848 |  |  | $ | — |  |  | $ | 73 |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 219,493 |  |  |  | 219,493 |  |  |  | — |  |  |  | 22 |
Non-owner occupied |  |  | — |  |  |  | 271 |  |  |  | — |  |  |  | 271 |  |  |  | 271,600 |  |  |  | 271,871 |  |  |  | — |  |  |  | 1,353 |
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | — |  |  |  | 208 |  |  |  | — |  |  |  | 208 |  |  |  | 9,818 |  |  |  | 10,026 |  |  |  | — |  |  |  | — |
Commercial |  |  | — |  |  |  | — |  |  |  | 103 |  |  |  | 103 |  |  |  | 75,346 |  |  |  | 75,449 |  |  |  | — |  |  |  | 655 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  |  | 262 |  |  |  | — |  |  |  | — |  |  |  | 262 |  |  |  | 107,615 |  |  |  | 107,877 |  |  |  | — |  |  |  | 1 |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  |  | 137 |  |  |  | — |  |  |  | — |  |  |  | 137 |  |  |  | 40,835 |  |  |  | 40,972 |  |  |  | — |  |  |  | 19 |
Single family |  |  | — |  |  |  | 172 |  |  |  | 156 |  |  |  | 328 |  |  |  | 239,580 |  |  |  | 239,908 |  |  |  | — |  |  |  | 304 |
Multifamily |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 38,877 |  |  |  | 38,877 |  |  |  | — |  |  |  | — |
All Other Loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 11,167 |  |  |  | 11,167 |  |  |  | — |  |  |  | — |
Total |  | $ | 700 |  |  | $ | 683 |  |  | $ | 332 |  |  | $ | 1,715 |  |  | $ | 1,193,773 |  |  | $ | 1,195,488 |  |  | $ | — |  |  | $ | 2,427 |
|  | December 31, 2021 |
|  | (in thousands) |
|  | 30 - 59 Days Past Due |  |  | 60 - 89 Days Past Due |  |  | 90 or More Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total Loans |  |  | 90 or More Past Due Still Accruing |  |  | Nonaccrual Loans |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 8 |  |  | $ | 7 |  |  | $ | — |  |  | $ | 15 |  |  | $ | 143,363 |  |  | $ | 143,378 |  |  | $ | — |  |  | $ | — |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 188,839 |  |  |  | 188,839 |  |  |  | — |  |  |  | 124 |
Non-owner occupied |  |  | 146 |  |  |  | — |  |  |  | 130 |  |  |  | 276 |  |  |  | 187,936 |  |  |  | 188,212 |  |  |  | — |  |  |  | 1,547 |
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10,077 |  |  |  | 10,077 |  |  |  | — |  |  |  | — |
Commercial |  |  | — |  |  |  | 126 |  |  |  | 108 |  |  |  | 234 |  |  |  | 74,590 |  |  |  | 74,824 |  |  |  | — |  |  |  | 234 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  |  | 6 |  |  |  | — |  |  |  | — |  |  |  | 6 |  |  |  | 67,275 |  |  |  | 67,281 |  |  |  | — |  |  |  | 3 |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  |  | 13 |  |  |  | — |  |  |  | — |  |  |  | 13 |  |  |  | 35,849 |  |  |  | 35,862 |  |  |  | — |  |  |  | 29 |
Single family |  |  | 409 |  |  |  | 238 |  |  |  | 434 |  |  |  | 1,081 |  |  |  | 226,780 |  |  |  | 227,861 |  |  |  | 43 |  |  |  | 786 |
Multifamily |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 29,093 |  |  |  | 29,093 |  |  |  | — |  |  |  | — |
All Other Loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 16,798 |  |  |  | 16,798 |  |  |  | — |  |  |  | — |
Total |  | $ | 582 |  |  | $ | 371 |  |  | $ | 672 |  |  | $ | 1,625 |  |  | $ | 980,600 |  |  | $ | 982,225 |  |  | $ | 43 |  |  | $ | 2,723 |
Allowance For Loan Losses By Segment | Allowance for loan losses by segment at September 30, 2022 and December 31, 2021 were as follows:
|  | As of and For the Nine Months Ended |
|  | September 30, 2022 |
|  | (in thousands) |
|  | Construction and Farmland |  |  | Residential Real Estate |  |  | Commercial Real Estate |  |  | Commercial |  |  | Consumer |  |  | All Other Loans |  |  | Unallocated |  |  | Total |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance |  | $ | 2,794 |  |  | $ | 1,750 |  |  | $ | 1,650 |  |  | $ | 1,656 |  |  | $ | 646 |  |  | $ | 291 |  |  | $ | — |  |  | $ | 8,787 |
Charge-Offs |  |  | — |  |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | (67 | ) |  |  | (100 | ) |  |  | — |  |  |  | (169 | )
Recoveries |  |  | 5 |  |  |  | 883 |  |  |  | 197 |  |  |  | 107 |  |  |  | 21 |  |  |  | 11 |  |  |  | — |  |  |  | 1,224 |
Provision |  |  | (84 | ) |  |  | (862 | ) |  |  | 352 |  |  |  | 702 |  |  |  | 397 |  |  |  | 185 |  |  |  | 210 |  |  |  | 900 |
Ending balance |  | $ | 2,715 |  |  | $ | 1,769 |  |  | $ | 2,199 |  |  | $ | 2,465 |  |  | $ | 997 |  |  | $ | 387 |  |  | $ | 210 |  |  | $ | 10,742 |
Ending balance: Individually evaluated for impairment |  | $ | — |  |  | $ | 32 |  |  | $ | — |  |  | $ | 374 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 406 |
Ending balance: collectively evaluated for impairment |  | $ | 2,715 |  |  | $ | 1,737 |  |  | $ | 2,199 |  |  | $ | 2,091 |  |  | $ | 997 |  |  | $ | 387 |  |  | $ | 210 |  |  | $ | 10,336 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 85,475 |  |  | $ | 319,757 |  |  | $ | 491,364 |  |  | $ | 179,848 |  |  | $ | 107,877 |  |  | $ | 11,167 |  |  | $ | — |  |  | $ | 1,195,488 |
Ending balance individually evaluated for impairment |  | $ | 1,042 |  |  | $ | 3,482 |  |  | $ | 1,989 |  |  | $ | 453 |  |  | $ | 24 |  |  | $ | — |  |  | $ | — |  |  | $ | 6,990 |
Ending balance collectively evaluated for impairment |  | $ | 84,433 |  |  | $ | 316,275 |  |  | $ | 489,375 |  |  | $ | 179,395 |  |  | $ | 107,853 |  |  | $ | 11,167 |  |  | $ | — |  |  | $ | 1,188,498 |
|  | December 31, 2021 |
|  | (in thousands) |
|  | Construction and Farmland |  |  | Residential Real Estate |  |  | Commercial Real Estate |  |  | Commercial |  |  | Consumer |  |  | All Other Loans |  |  | Unallocated |  |  | Total |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance |  | $ | 1,604 |  |  | $ | 1,929 |  |  | $ | 1,645 |  |  | $ | 1,374 |  |  | $ | 198 |  |  | $ | 346 |  |  | $ | — |  |  | $ | 7,096 |
Charge-Offs |  |  | — |  |  |  | (13 | ) |  |  | — |  |  |  | (10 | ) |  |  | (19 | ) |  |  | (68 | ) |  |  | — |  |  |  | (110 | )
Recoveries |  |  | 12 |  |  |  | 240 |  |  |  | 7 |  |  |  | 18 |  |  |  | 29 |  |  |  | 12 |  |  |  | — |  |  |  | 318 |
Provision |  |  | 1,178 |  |  |  | (406 | ) |  |  | (2 | ) |  |  | 274 |  |  |  | 438 |  |  |  | 1 |  |  |  | — |  |  |  | 1,483 |
Ending balance |  | $ | 2,794 |  |  | $ | 1,750 |  |  | $ | 1,650 |  |  | $ | 1,656 |  |  | $ | 646 |  |  | $ | 291 |  |  | $ | — |  |  | $ | 8,787 |
Ending balance: Individually evaluated for impairment |  | $ | — |  |  | $ | 39 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 39 |
Ending balance: collectively evaluated for impairment |  | $ | 2,794 |  |  | $ | 1,711 |  |  | $ | 1,650 |  |  | $ | 1,656 |  |  | $ | 646 |  |  | $ | 291 |  |  | $ | — |  |  | $ | 8,748 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 84,901 |  |  | $ | 292,816 |  |  | $ | 377,051 |  |  | $ | 143,378 |  |  | $ | 67,281 |  |  | $ | 16,798 |  |  | $ | — |  |  | $ | 982,225 |
Ending balance individually evaluated for impairment |  | $ | 257 |  |  | $ | 2,778 |  |  | $ | 2,295 |  |  | $ | 108 |  |  | $ | 16 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,454 |
Ending balance collectively evaluated for impairment |  | $ | 84,644 |  |  | $ | 290,038 |  |  | $ | 374,756 |  |  | $ | 143,270 |  |  | $ | 67,265 |  |  | $ | 16,798 |  |  | $ | — |  |  | $ | 976,771 |
Impaired Loans By Class | Impaired loans by class as of and for the periods ended September 30, 2022 and December 31, 2021 were as follows:
|  | As of |
|  | September 30, 2022 |
|  | (in thousands) |
|  | Unpaid Principal Balance |  |  | Recorded Investment |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |
With no related allowance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 91 |  |  | $ | 79 |  |  | $ | — |  |  | $ | 94 |  |  | $ | 4 |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | 208 |  |  |  | 204 |  |  |  | — |  |  |  | 209 |  |  |  | 9 |
Non-owner occupied |  |  | 2,029 |  |  |  | 1,785 |  |  |  | — |  |  |  | 1,792 |  |  |  | 15 |
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial |  |  | 1,059 |  |  |  | 1,045 |  |  |  | — |  |  |  | 1,056 |  |  |  | 13 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  |  | 25 |  |  |  | 24 |  |  |  | — |  |  |  | 26 |  |  |  | 1 |
Residential |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity lines |  |  | 23 |  |  |  | 19 |  |  |  | — |  |  |  | 20 |  |  |  | — |
Single family |  |  | 2,895 |  |  |  | 2,798 |  |  |  | — |  |  |  | 2,836 |  |  |  | 76 |
Multifamily |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other Loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 6,330 |  |  | $ | 5,954 |  |  | $ | — |  |  | $ | 6,033 |  |  | $ | 118 |
With an allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 379 |  |  | $ | 374 |  |  | $ | 374 |  |  | $ | 413 |  |  | $ | 17 |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Non-owner occupied |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Residential |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity lines |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Single family |  |  | 699 |  |  |  | 678 |  |  |  | 32 |  |  |  | 687 |  |  |  | 20 |
Multifamily |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other Loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 1,078 |  |  | $ | 1,052 |  |  | $ | 406 |  |  | $ | 1,100 |  |  | $ | 37 |
Total: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 470 |  |  | $ | 453 |  |  | $ | 374 |  |  | $ | 507 |  |  | $ | 21 |
Commercial Real Estate |  |  | 2,237 |  |  |  | 1,989 |  |  |  | — |  |  |  | 2,001 |  |  |  | 24 |
Construction and Farmland |  |  | 1,059 |  |  |  | 1,045 |  |  |  | — |  |  |  | 1,056 |  |  |  | 13 |
Consumer |  |  | 25 |  |  |  | 24 |  |  |  | — |  |  |  | 26 |  |  |  | 1 |
Residential |  |  | 3,617 |  |  |  | 3,495 |  |  |  | 32 |  |  |  | 3,543 |  |  |  | 96 |
Other |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 7,408 |  |  | $ | 7,006 |  |  | $ | 406 |  |  | $ | 7,133 |  |  | $ | 155 |
(1) Recorded investment is defined as the summation of the outstanding principal balance, accrued interest, net deferred loan fees or costs, and any partial charge-offs. Accrued interest and net deferred loan fees or costs totaled $16 thousand at September 30, 2022.
|  | As of |
|  | December 31, 2021 |
|  | (in thousands) |
|  | Unpaid Principal Balance |  |  | Recorded Investment |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |
With no related allowance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 143 |  |  | $ | 109 |  |  | $ | — |  |  | $ | 166 |  |  | $ | 11 |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | 148 |  |  |  | 124 |  |  |  | — |  |  |  | 142 |  |  |  | — |
Non-owner occupied |  |  | 2,539 |  |  |  | 2,177 |  |  |  | — |  |  |  | 2,186 |  |  |  | — |
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial |  |  | 271 |  |  |  | 257 |  |  |  | — |  |  |  | 267 |  |  |  | 9 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  |  | 17 |  |  |  | 16 |  |  |  | — |  |  |  | 19 |  |  |  | 1 |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity lines |  |  | 35 |  |  |  | 29 |  |  |  | — |  |  |  | 32 |  |  |  | — |
Single family |  |  | 2,088 |  |  |  | 1,974 |  |  |  | — |  |  |  | 2,012 |  |  |  | 62 |
Multifamily |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other Loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 5,241 |  |  | $ | 4,686 |  |  | $ | — |  |  | $ | 4,824 |  |  | $ | 83 |
With an allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Non-owner occupied |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Installment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity lines |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Single family |  |  | 811 |  |  |  | 787 |  |  |  | 39 |  |  |  | 802 |  |  |  | 30 |
Multifamily |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other Loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 811 |  |  | $ | 787 |  |  | $ | 39 |  |  | $ | 802 |  |  | $ | 30 |
Total: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 143 |  |  | $ | 109 |  |  | $ | — |  |  | $ | 166 |  |  | $ | 11 |
Commercial Real Estate |  |  | 2,687 |  |  |  | 2,301 |  |  |  | — |  |  |  | 2,328 |  |  |  | — |
Construction and Farmland |  |  | 271 |  |  |  | 257 |  |  |  | — |  |  |  | 267 |  |  |  | 9 |
Consumer |  |  | 17 |  |  |  | 16 |  |  |  | — |  |  |  | 19 |  |  |  | 1 |
Residential |  |  | 2,934 |  |  |  | 2,790 |  |  |  | 39 |  |  |  | 2,846 |  |  |  | 92 |
Other |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 6,052 |  |  | $ | 5,473 |  |  | $ | 39 |  |  | $ | 5,626 |  |  | $ | 113 |
(1) Recorded investment is defined as the summation of the outstanding principal balance, accrued interest, net deferred loan fees or costs, and any partial charge-offs. Accrued interest and net deferred loan fees or costs totaled $19 thousand at December 31, 2021.
Credit Quality Information By Class | Credit quality information by class at September 30, 2022 and December 31, 2021 was as follows:
|  | As of |
|  | September 30, 2022 |
|  | (in thousands) |
INTERNAL RISK RATING GRADES |  | Pass |  |  | Special Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |  |  | Total |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 179,618 |  |  | $ | 157 |  |  | $ | 73 |  |  | $ | — |  |  | $ | — |  |  | $ | 179,848 |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | 200,192 |  |  |  | 19,279 |  |  |  | 22 |  |  |  | — |  |  |  | — |  |  |  | 219,493 |
Non-owner occupied |  |  | 261,315 |  |  |  | 8,556 |  |  |  | 2,000 |  |  |  | — |  |  |  | — |  |  |  | 271,871 |
Construction and Farmland: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | 9,818 |  |  |  | 208 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10,026 |
Commercial |  |  | 63,482 |  |  |  | 3,203 |  |  |  | 8,764 |  |  |  | — |  |  |  | — |  |  |  | 75,449 |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  |  | 40,952 |  |  |  | — |  |  |  | 20 |  |  |  | — |  |  |  | — |  |  |  | 40,972 |
Single family |  |  | 235,445 |  |  |  | 3,041 |  |  |  | 1,306 |  |  |  | 116 |  |  |  | — |  |  |  | 239,908 |
Multifamily |  |  | 38,877 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 38,877 |
All other loans |  |  | 11,167 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 11,167 |
Total |  | $ | 1,040,866 |  |  | $ | 34,444 |  |  | $ | 12,185 |  |  | $ | 116 |  |  | $ | — |  |  | $ | 1,087,611 |
|  | Performing |  |  | Nonperforming |
Consumer Credit Exposure by Payment Activity |  | $ | 107,876 |  |  | $ | 1 |
|  | As of |
|  | December 31, 2021 |
|  | (in thousands) |
INTERNAL RISK RATING GRADES |  | Pass |  |  | Special Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |  |  | Total |
Commercial - Non Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial & Industrial |  | $ | 143,197 |  |  | $ | 176 |  |  | $ | 5 |  |  | $ | — |  |  | $ | — |  |  | $ | 143,378 |
Commercial Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner Occupied |  |  | 185,978 |  |  |  | 2,703 |  |  |  | 158 |  |  |  | — |  |  |  | — |  |  |  | 188,839 |
Non-owner occupied |  |  | 180,830 |  |  |  | 4,819 |  |  |  | 2,563 |  |  |  | — |  |  |  | — |  |  |  | 188,212 |
Construction and Farm land: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential |  |  | 10,077 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10,077 |
Commercial |  |  | 59,318 |  |  |  | 15,198 |  |  |  | 308 |  |  |  | — |  |  |  | — |  |  |  | 74,824 |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Lines |  |  | 35,832 |  |  |  | — |  |  |  | 30 |  |  |  | — |  |  |  | — |  |  |  | 35,862 |
Single family |  |  | 224,510 |  |  |  | 1,601 |  |  |  | 1,633 |  |  |  | 117 |  |  |  | — |  |  |  | 227,861 |
Multifamily |  |  | 26,952 |  |  |  | 2,141 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 29,093 |
All other loans |  |  | 16,798 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 16,798 |
Total |  | $ | 883,492 |  |  | $ | 26,638 |  |  | $ | 4,697 |  |  | $ | 117 |  |  | $ | — |  |  | $ | 914,944 |
|  | Performing |  |  | Nonperforming |
Consumer Credit Exposure by Payment Activity |  | $ | 67,275 |  |  | $ | 6 |

X
- Definition Schedule of allowance for loan losses by segment [Table Text Block]. + References No definition available. + Details
Name: | efsi_ScheduleOfAllowanceForLoanLossesBySegmentTableTextBlock
Namespace Prefix: | efsi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Composition Of Loans [Table Text Block] + References No definition available. + Details
Name: | efsi_ScheduleOfCompositionOfLoansTableTextBlock
Namespace Prefix: | efsi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration