XML 26 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1

3. Loans (Tables)

3 Months Ended

Mar. 31, 2018

Receivables [Abstract]

Major classifications of loans

(Dollars in thousands)
		March 31, 2018				December 31, 2017
Real estate loans:
Construction and land development		$	82,046				84,987
Single-family residential			244,061				246,703
Single-family residential -
Banco de la Gente stated income			36,540				37,249
Commercial			261,636				248,637
Multifamily and farmland			29,108				28,937
Total real estate loans			653,391				646,513
Loans not secured by real estate:
Commercial loans			89,304				89,022
Farm loans			1,095				1,204
Consumer loans			9,329				9,888
All other loans			12,705				13,137
Total loans			765,824				759,764
Less allowance for loan losses			6,373				6,366
Total net loans		$	759,451				753,398

Age analysis of past due loans, by loan type

March 31, 2018
(Dollars in thousands)
		Loans 30- 89 Days Past Due				Loans 90 or More Days Past Due				Total Past Due Loans				Total Current Loans				Total Loans				Accruing Loans 90 or More Days Past Due
Real estate loans:
Construction and land development		$	156				117				273				81,773				82,046				-
Single-family residential			2,775				96				2,871				241,190				244,061				-
Single-family residential -
Banco de la Gente stated income			4,196				54				4,250				32,290				36,540				-
Commercial			427				-				427				261,209				261,636				-
Multifamily and farmland			-				-				-				29,108				29,108				-
Total real estate loans			7,554				267				7,821				645,570				653,391				-
Loans not secured by real estate:
Commercial loans			59				97				156				89,148				89,304				-
Farm loans			-				-				-				1,095				1,095				-
Consumer loans			85				5				90				9,239				9,329				-
All other loans			-				-				-				12,705				12,705				-
Total loans		$	7,698				369				8,067				757,757				765,824				-

December 31, 2017
(Dollars in thousands)
		Loans 30- 89 Days Past Due				Loans 90 or More Days Past Due				Total Past Due Loans				Total Current Loans				Total Loans				Accruing Loans 90 or More Days Past Due
Real estate loans:
Construction and land development		$	277				-				277				84,710				84,987				-
Single-family residential			3,241				193				3,434				243,269				246,703				-
Single-family residential -
Banco de la Gente stated income			4,078				465				4,543				32,706				37,249				-
Commercial			588				-				588				248,049				248,637				-
Multifamily and farmland			-				12				12				28,925				28,937				-
Total real estate loans			8,184				670				8,854				637,659				646,513				-
Loans not secured by real estate:
Commercial loans			53				100				153				88,869				89,022				-
Farm loans			-				-				-				1,204				1,204				-
Consumer loans			113				5				118				9,770				9,888				-
All other loans			-				-				-				13,137				13,137				-
Total loans		$	8,350				775				9,125				750,639				759,764				-

Non-accrual loans

(Dollars in thousands)
		March 31, 2018				December 31, 2017
Real estate loans:
Construction and land development		$	130				14
Single-family residential			1,535				1,634
Single-family residential -
Banco de la Gente stated income			1,508				1,543
Commercial			378				396
Multifamily and farmland			-				12
Total real estate loans			3,551				3,599
Loans not secured by real estate:
Commercial loans			97				100
Consumer loans			17				12
Total		$	3,665				3,711

Impaired loans

March 31, 2018
(Dollars in thousands)
		Unpaid Contractual Principal Balance				Recorded Investment With No Allowance				Recorded Investment With Allowance				Recorded Investment in Impaired Loans				Related Allowance				Average Outstanding Impaired Loans				YTD Interest Income Recognized
Real estate loans:
Construction and land development		$	397				-				265				265				9				333				6
Single-family residential			5,080				1,124				3,486				4,610				37				6,258				68
Single-family residential -
Banco de la Gente stated income			17,027				-				17,639				17,639				1,096				15,099				238
Commercial			2,420				477				2,873				3,350				13				2,294				37
Multifamily and farmland			-				-				78				78				-				6				-
Total impaired real estate loans			24,924				1,601				24,341				25,942				1,155				23,990				349
Loans not secured by real estate:
Commercial loans			260				97				(92	)			5				-				102				-
Consumer loans			154				-				192				192				2				152				2
Total impaired loans		$	25,338				1,698				24,441				26,139				1,157				24,244				351

December 31, 2017
(Dollars in thousands)
		Unpaid Contractual Principal Balance				Recorded Investment With No Allowance				Recorded Investment With Allowance				Recorded Investment in Impaired Loans				Related Allowance				Average Outstanding Impaired Loans				YTD Interest Income Recognized
Real estate loans:
Construction and land development		$	282				-				277				277				6				253				17
Single-family residential			5,226				1,135				3,686				4,821				41				5,113				265
Single-family residential -
Banco de la Gente stated income			17,360				-				16,805				16,805				1,149				16,867				920
Commercial			2,761				807				1,661				2,468				1				3,411				148
Multifamily and farmland			78				-				12				12				-				28				-
Total impaired real estate loans			25,707				1,942				22,441				24,383				1,197				25,672				1,350
Loans not secured by real estate:
Commercial loans			264				100				4				104				-				149				3
Consumer loans			158				-				154				154				2				194				9
Total impaired loans		$	26,129				2,042				22,599				24,641				1,199				26,015				1,362

Changes in the allowance for loan losses

Changes in the allowance for loan losses for the three months ended March 31, 2018 and 2017 were as follows:

(Dollars in thousands)
		Real Estate Loans
		Construction and Land Development				Single- Family Residential				Single- Family Residential - Banco de la Gente Stated Income				Commercial				Multifamily and Farmland				Commercial				Farm				Consumer and All Other				Unallocated				Total
Three months ended March 31, 2018
Allowance for loan losses:
Beginning balance		$	804				1,812				1,280				1,193				72				574				-				155				476				6,366
Charge-offs			-				-				-				-				(5	)			-				-				(101	)			-				(106	)
Recoveries			1				5				-				4				1				8				-				63				-				82
Provision			(154	)			(177	)			(15	)			101				5				124				-				19				128				31
Ending balance		$	651				1,640				1,265				1,298				73				706				-				136				604				6,373
Allowance for loan losses March 31, 2018
Ending balance: individually
evaluated for impairment		$	-				-				1,079				12				-				-				-				-				-				1,091
Ending balance: collectively
evaluated for impairment			651				1,640				186				1,286				73				706				-				136				604				5,282
Ending balance		$	651				1,640				1,265				1,298				73				706				-				136				604				6,373
Loans March 31, 2017:
Ending balance		$	82,046				244,061				36,540				261,636				29,108				89,304				1,095				22,034				-				765,824
Ending balance: individually
evaluated for impairment		$	96				1,832				15,190				1,915				-				97				-				-				-				19,130
Ending balance: collectively
evaluated for impairment		$	81,950				242,229				21,350				259,721				29,108				89,207				1,095				22,034				-				746,694

(Dollars in thousands)
		Real Estate Loans
		Construction and Land Development				Single- Family Residential				Single- Family Residential - Banco de la Gente Stated Income				Commercial				Multifamily and Farmland				Commercial				Farm				Consumer and All Other				Unallocated				Total
Three months ended March 31, 2017
Allowance for loan losses:
Beginning balance		$	1,152				2,126				1,377				1,593				52				675				-				204				371				7,550
Charge-offs			-				(20	)			-				-				-				(2	)			-				(109	)			-				(131	)
Recoveries			8				7				-				7				-				8				-				50				-				80
Provision			(191	)			(110	)			(49	)			55				21				(53	)			-				33				58				(236	)
Ending balance		$	969				2,003				1,328				1,655				73				628				-				178				429				7,263
Allowance for loan losses March 31, 2017
Ending balance: individually
evaluated for impairment		$	-				-				1,120				62				-				-				-				-				-				1,182
Ending balance: collectively
evaluated for impairment			969				2,003				208				1,593				73				628				-				178				429				6,081
Ending balance		$	969				2,003				1,328				1,655				73				628				-				178				429				7,263
Loans March 31, 2017:
Ending balance		$	65,438				239,322				39,230				247,940				29,078				90,923				897				23,033				-				735,861
Ending balance: individually
evaluated for impairment		$	-				1,630				16,303				2,736				-				-				-				-				-				20,669
Ending balance: collectively
evaluated for impairment		$	65,438				237,692				22,927				245,204				29,078				90,923				897				23,033				-				715,192

Credit risk profile of each loan type based on internally assigned risk grade

March 31, 2018
(Dollars in thousands)
		Real Estate Loans
		Construction and Land Development				Single- Family Residential				Single- Family Residential - Banco de la Gente Stated Income				Commercial				Multifamily and Farmland				Commercial				Farm				Consumer				All Other				Total
1- Excellent Quality		$	273				7,298				-				-				-				542				-				525				-				8,638
2- High Quality			20,125				119,589				-				35,003				518				19,667				-				3,427				2,320				200,649
3- Good Quality			51,400				90,160				14,788				205,753				25,635				64,485				933				4,717				9,594				467,465
4- Management Attention			4,495				19,595				14,925				17,177				1,825				4,199				162				609				791				63,778
5- Watch			5,476				4,346				3,136				3,282				1,130				292				-				21				-				17,683
6- Substandard			277				3,073				3,691				421				-				119				-				30				-				7,611
7- Doubtful			-				-				-				-				-				-				-				-				-				-
8- Loss			-				-				-				-				-				-				-				-				-				-
Total		$	82,046				244,061				36,540				261,636				29,108				89,304				1,095				9,329				12,705				765,824

December 31, 2017
(Dollars in thousands)
		Real Estate Loans
		Construction and Land Development				Single-Family Residential				Single- Family Residential - Banco de la Gente Stated Income				Commercial				Multifamily and Farmland				Commercial				Farm				Consumer				All Other				Total
1- Excellent Quality		$	152				8,590				-				-				-				446				-				791				-				9,979
2- High Quality			20,593				120,331				-				34,360				561				17,559				-				3,475				2,410				199,289
3- Good Quality			53,586				89,120				14,955				196,439				25,306				65,626				1,085				5,012				9,925				461,054
4- Management Attention			4,313				20,648				15,113				13,727				1,912				5,051				119				562				802				62,247
5- Watch			6,060				4,796				3,357				3,671				1,146				223				-				23				-				19,276
6- Substandard			283				3,218				3,824				440				12				117				-				25				-				7,919
7- Doubtful			-				-				-				-				-				-				-				-				-				-
8- Loss			-				-				-				-				-				-				-				-				-				-
Total		$	84,987				246,703				37,249				248,637				28,937				89,022				1,204				9,888				13,137				759,764

X

- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953659-111524

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953401-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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 the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration