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Allowance for Loan Losses | 12 Months Ended
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Dec. 31, 2017
Receivables [Abstract] |
Allowance for Loan Losses | Allowance for Loan Losses The following tables present, as of December 31, 2017 and 2016, the total allowance for loan losses, the allowance by impairment methodology and loans by impairment methodology (in thousands).
| December 31, 2017
| Construction and Land Development |  | Secured by 1-4 Family Residential |  | Other Real Estate |  | Commercial and Industrial |  | Consumer and Other Loans |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2016 | $ | 441 |  |  | $ | 1,019 |  |  | $ | 3,142 |  |  | $ | 380 |  |  | $ | 339 |  |  | $ | 5,321 |
Charge-offs | — |  |  | (126 | ) |  | — |  |  | — |  |  | (607 | ) |  | (733 | )
Recoveries | 11 |  |  | 302 |  |  | 50 |  |  | 10 |  |  | 265 |  |  | 638 |
Provision for (recovery of) loan losses | (38 | ) |  | (420 | ) |  | (244 | ) |  | 28 |  |  | 774 |  |  | 100 |
Ending Balance, December 31, 2017 | $ | 414 |  |  | $ | 775 |  |  | $ | 2,948 |  |  | $ | 418 |  |  | $ | 771 |  |  | $ | 5,326 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Collectively evaluated for impairment | 414 |  |  | 775 |  |  | 2,948 |  |  | 418 |  |  | 771 |  |  | 5,326 |
Loans: |  |  |  |  |  |  |  |  |  |  |
Ending Balance | 35,927 |  |  | 208,177 |  |  | 222,256 |  |  | 38,763 |  |  | 17,078 |  |  | 522,201 |
Individually evaluated for impairment | 1,150 |  |  | 1,307 |  |  | 1,289 |  |  | 65 |  |  | — |  |  | 3,811 |
Collectively evaluated for impairment | 34,777 |  |  | 206,870 |  |  | 220,967 |  |  | 38,698 |  |  | 17,078 |  |  | 518,390 |
| December 31, 2016
| Construction and Land Development |  | Secured by 1-4 Family Residential |  | Other Real Estate |  | Commercial and Industrial |  | Consumer and Other Loans |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2015 | $ | 1,532 |  |  | $ | 939 |  |  | $ | 2,534 |  |  | $ | 306 |  |  | $ | 213 |  |  | $ | 5,524 |
Charge-offs | — |  |  | (83 | ) |  | (165 | ) |  | — |  |  | (540 | ) |  | (788 | )
Recoveries | 4 |  |  | 293 |  |  | 2 |  |  | 11 |  |  | 275 |  |  | 585 |
Provision for (recovery of) loan losses | (1,095 | ) |  | (130 | ) |  | 771 |  |  | 63 |  |  | 391 |  |  | — |
Ending Balance, December 31, 2016 | $ | 441 |  |  | $ | 1,019 |  |  | $ | 3,142 |  |  | $ | 380 |  |  | $ | 339 |  |  | $ | 5,321 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | — |  |  | 37 |  |  | — |  |  | — |  |  | — |  |  | 37 |
Collectively evaluated for impairment | 441 |  |  | 982 |  |  | 3,142 |  |  | 380 |  |  | 339 |  |  | 5,284 |
Loans: |  |  |  |  |  |  |  |  |  |  |
Ending Balance | 34,699 |  |  | 198,763 |  |  | 211,210 |  |  | 29,981 |  |  | 11,414 |  |  | 486,067 |
Individually evaluated for impairment | 1,973 |  |  | 1,828 |  |  | 984 |  |  | 75 |  |  | — |  |  | 4,860 |
Collectively evaluated for impairment | 32,726 |  |  | 196,935 |  |  | 210,226 |  |  | 29,906 |  |  | 11,414 |  |  | 481,207 |
Impaired loans and the related allowance at December 31, 2017 and 2016, were as follows (in thousands):
| December 31, 2017
| Unpaid Principal Balance |  | Recorded Investment with No Allowance |  | Recorded Investment with Allowance |  | Total Recorded Investment |  | Related Allowance |  | Average Recorded Investment |  | Interest Income Recognized
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development | $ | 1,627 |  |  | $ | 1,150 |  |  | $ | — |  |  | $ | 1,150 |  |  | $ | — |  |  | $ | 1,814 |  |  | $ | 63 |
Secured by 1-4 family | 1,387 |  |  | 1,307 |  |  | — |  |  | 1,307 |  |  | — |  |  | 1,637 |  |  | 64 |
Other real estate loans | 1,483 |  |  | 1,289 |  |  | — |  |  | 1,289 |  |  | — |  |  | 1,137 |  |  | 95 |
Commercial and industrial | 78 |  |  | 65 |  |  | — |  |  | 65 |  |  | — |  |  | 68 |  |  | 10 |
Total | $ | 4,575 |  |  | $ | 3,811 |  |  | $ | — |  |  | $ | 3,811 |  |  | $ | — |  |  | $ | 4,656 |  |  | $ | 232 |
| December 31, 2016
| Unpaid Principal Balance |  | Recorded Investment with No Allowance |  | Recorded Investment with Allowance |  | Total Recorded Investment |  | Related Allowance |  | Average Recorded Investment |  | Interest Income Recognized
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development | $ | 2,388 |  |  | $ | 1,973 |  |  | $ | — |  |  | $ | 1,973 |  |  | $ | — |  |  | $ | 2,407 |  |  | $ | 66 |
Secured by 1-4 family | 1,851 |  |  | 1,675 |  |  | 153 |  |  | 1,828 |  |  | 37 |  |  | 2,013 |  |  | 87 |
Other real estate loans | 1,213 |  |  | 984 |  |  | — |  |  | 984 |  |  | — |  |  | 2,529 |  |  | 22 |
Commercial and industrial | 93 |  |  | 75 |  |  | — |  |  | 75 |  |  | — |  |  | 85 |  |  | 1 |
Total | $ | 5,545 |  |  | $ | 4,707 |  |  | $ | 153 |  |  | $ | 4,860 |  |  | $ | 37 |  |  | $ | 7,034 |  |  | $ | 176 |
The “Recorded Investment” amounts in the table above represent the outstanding principal balance on each loan represented in the table. The “Unpaid Principal Balance” represents the outstanding principal balance on each loan represented in the table plus any amounts that have been charged off on each loan and/or payments that have been applied towards principal on non-accrual loans. Only loan classes with balances are included in the tables above. As of December 31, 2017, loans classified as troubled debt restructurings (TDRs) and included in impaired loans in the disclosure above totaled $333 thousand. At December 31, 2017, $282 thousand of the loans classified as TDRs were performing under the restructured terms and were not considered non-performing assets. There were $460 thousand in TDRs at December 31, 2016, $300 thousand of which were performing under the restructured terms. Modified terms under TDRs may include rate reductions, extension of terms that are considered to be below market, conversion to interest only, and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. There were no loans modified under TDRs during the year ended December 31, 2017. There was one loan secured by 1-4 family residential real estate classified as a TDR during the year ended December 31, 2016 because principal was forgiven as part of the loan modification. The recorded investment for this loan prior to modification totaled $138 thousand and the recorded investment after the modification totaled $88 thousand. The TDR described above increased the allowance for loan losses by $32 thousand and resulted in a charge-off of $50 thousand during the year ended December 31, 2016. For the years ended December 31, 2017 and 2016, there were no TDRs that subsequently defaulted within twelve months of the loan modification. Management defines default as over 90 days past due or the foreclosure and repossession of the collateral or charge-off of the loan during the twelve month period subsequent to the modification. There were no non-accrual loans excluded from impaired loan disclosure at December 31, 2017 and December 31, 2016. Had non-accrual loans performed in accordance with their original contract terms, the Company would have recognized additional interest income in the amount of $107 thousand during the years ended December 31, 2017 and 2016, respectively.

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- Definition The entire disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -URI http://asc.fasb.org/topic&trid=2196771 + Details
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