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3. Loans (Tables) | 12 Months Ended
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Dec. 31, 2020
Receivables [Abstract] |
Major classifications of loans |
|  | December 31, 2020 |  |  | December 31, 2019 |
Real estate loans: |  |  |  |  |  |
Construction and land development |  | $ | 94,124 |  |  |  | 92,596 |
Single-family residential |  |  | 272,325 |  |  |  | 269,475 |
Single-family residential - |  |  |  |  |  |  |  |
Banco de la Gente non-traditional |  |  | 26,883 |  |  |  | 30,793 |
Commercial |  |  | 332,971 |  |  |  | 291,255 |
Multifamily and farmland |  |  | 48,880 |  |  |  | 48,090 |
Total real estate loans |  |  | 775,183 |  |  |  | 732,209 |
Loans not secured by real estate: |  |  |  |  |  |  |  |
Commercial loans |  |  | 161,740 |  |  |  | 100,263 |
Farm loans |  |  | 855 |  |  |  | 1,033 |
Consumer loans |  |  | 7,113 |  |  |  | 8,432 |
All other loans |  |  | 3,748 |  |  |  | 7,937 |
Total loans |  |  | 948,639 |  |  |  | 849,874 |
Less allowance for loan losses |  |  | 9,908 |  |  |  | 6,680 |
Total net loans |  | $ | 938,731 |  |  |  | 843,194 |
Age analysis of past due loans, by loan type | December 31, 2020 (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 |  | $ | 298 |  |  |  | - |  |  |  | 298 |  |  |  | 93,826 |  |  |  | 94,124 |  |  |  | - |
Single-family residential |  |  | 3,660 |  |  |  | 270 |  |  |  | 3,930 |  |  |  | 268,395 |  |  |  | 272,325 |  |  |  | - |
Single-family residential - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Banco de la Gente non-traditional |  |  | 3,566 |  |  |  | 105 |  |  |  | 3,671 |  |  |  | 23,212 |  |  |  | 26,883 |  |  |  | - |
Commercial |  |  | 36 |  |  |  | - |  |  |  | 36 |  |  |  | 332,935 |  |  |  | 332,971 |  |  |  | - |
Multifamily and farmland |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 48,880 |  |  |  | 48,880 |  |  |  | - |
Total real estate loans |  |  | 7,560 |  |  |  | 375 |  |  |  | 7,935 |  |  |  | 767,248 |  |  |  | 775,183 |  |  |  | - |
Loans not secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 161,740 |  |  |  | 161,740 |  |  |  | - |
Farm loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 855 |  |  |  | 855 |  |  |  | - |
Consumer loans |  |  | 45 |  |  |  | 2 |  |  |  | 47 |  |  |  | 7,066 |  |  |  | 7,113 |  |  |  | - |
All other loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,748 |  |  |  | 3,748 |  |  |  | - |
Total loans |  | $ | 7,605 |  |  |  | 377 |  |  |  | 7,982 |  |  |  | 940,657 |  |  |  | 948,639 |  |  |  | - |
December 31, 2019 (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 |  | $ | 803 |  |  |  | - |  |  |  | 803 |  |  |  | 91,793 |  |  |  | 92,596 |  |  |  | - |
Single-family residential |  |  | 3,000 |  |  |  | 126 |  |  |  | 3,126 |  |  |  | 266,349 |  |  |  | 269,475 |  |  |  | - |
Single-family residential - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Banco de la Gente non-traditional |  |  | 4,834 |  |  |  | 413 |  |  |  | 5,247 |  |  |  | 25,546 |  |  |  | 30,793 |  |  |  | - |
Commercial |  |  | 504 |  |  |  | 176 |  |  |  | 680 |  |  |  | 290,575 |  |  |  | 291,255 |  |  |  | - |
Multifamily and farmland |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 48,090 |  |  |  | 48,090 |  |  |  | - |
Total real estate loans |  |  | 9,141 |  |  |  | 715 |  |  |  | 9,856 |  |  |  | 722,353 |  |  |  | 732,209 |  |  |  | - |
Loans not secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  |  | 432 |  |  |  | - |  |  |  | 432 |  |  |  | 99,831 |  |  |  | 100,263 |  |  |  | - |
Farm loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,033 |  |  |  | 1,033 |  |  |  | - |
Consumer loans |  |  | 170 |  |  |  | 22 |  |  |  | 192 |  |  |  | 8,240 |  |  |  | 8,432 |  |  |  | - |
All other loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,937 |  |  |  | 7,937 |  |  |  | - |
Total loans |  | $ | 9,743 |  |  |  | 737 |  |  |  | 10,480 |  |  |  | 839,394 |  |  |  | 849,874 |  |  |  | - |
Non-accrual loans |
|  | December 31, 2020 |  |  | December 31, 2019 |
Real estate loans: |  |  |  |  |  |
Construction and land development |  | $ | - |  |  |  | - |
Single-family residential |  |  | 1,266 |  |  |  | 1,378 |
Single-family residential - |  |  |  |  |  |  |  |
Banco de la Gente non-traditional |  |  | 1,709 |  |  |  | 1,764 |
Commercial |  |  | 440 |  |  |  | 256 |
Multifamily and farmland |  |  | 117 |  |  |  | - |
Total real estate loans |  |  | 3,532 |  |  |  | 3,398 |
Loans not secured by real estate: |  |  |  |  |  |  |  |
Commercial loans |  |  | 212 |  |  |  | 122 |
Consumer loans |  |  | 14 |  |  |  | 33 |
Total |  | $ | 3,758 |  |  |  | 3,553 |
Impaired loans | December 31, 2020 (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 |  | $ | 108 |  |  |  | - |  |  |  | 108 |  |  |  | 108 |  |  |  | 4 |  |  |  | 134 |  |  |  | 8 |
Single-family residential |  |  | 5,302 |  |  |  | 379 |  |  |  | 4,466 |  |  |  | 4,845 |  |  |  | 33 |  |  |  | 4,741 |  |  |  | 262 |
Single-family residential - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Banco de la Gente non-traditional |  |  | 13,417 |  |  |  | - |  |  |  | 12,753 |  |  |  | 12,753 |  |  |  | 862 |  |  |  | 13,380 |  |  |  | 798 |
Commercial |  |  | 2,999 |  |  |  | 1,082 |  |  |  | 1,891 |  |  |  | 2,973 |  |  |  | 14 |  |  |  | 2,940 |  |  |  | 139 |
Multifamily and farmland |  |  | 119 |  |  |  | - |  |  |  | 117 |  |  |  | 117 |  |  |  | - |  |  |  | 29 |  |  |  | 6 |
Total impaired real estate loans |  |  | 21,945 |  |  |  | 1,461 |  |  |  | 19,335 |  |  |  | 20,796 |  |  |  | 913 |  |  |  | 21,224 |  |  |  | 1,213 |
Loans not secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  |  | 515 |  |  |  | 211 |  |  |  | 244 |  |  |  | 455 |  |  |  | 5 |  |  |  | 564 |  |  |  | 32 |
Consumer loans |  |  | 41 |  |  |  | - |  |  |  | 37 |  |  |  | 37 |  |  |  | 1 |  |  |  | 60 |  |  |  | 5 |
Total impaired loans |  | $ | 22,501 |  |  |  | 1,672 |  |  |  | 19,616 |  |  |  | 21,288 |  |  |  | 919 |  |  |  | 21,848 |  |  |  | 1,250 |
December 31, 2019 (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 |  | $ | 183 |  |  |  | - |  |  |  | 183 |  |  |  | 183 |  |  |  | 7 |  |  |  | 231 |  |  |  | 12 |
Single-family residential |  |  | 5,152 |  |  |  | 403 |  |  |  | 4,243 |  |  |  | 4,646 |  |  |  | 36 |  |  |  | 4,678 |  |  |  | 269 |
Single-family residential - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Banco de la Gente non-traditional |  |  | 15,165 |  |  |  | - |  |  |  | 14,371 |  |  |  | 14,371 |  |  |  | 944 |  |  |  | 14,925 |  |  |  | 956 |
Commercial |  |  | 1,879 |  |  |  | - |  |  |  | 1,871 |  |  |  | 1,871 |  |  |  | 7 |  |  |  | 1,822 |  |  |  | 91 |
Total impaired real estate loans |  |  | 22,379 |  |  |  | 403 |  |  |  | 20,668 |  |  |  | 21,071 |  |  |  | 994 |  |  |  | 21,656 |  |  |  | 1,328 |
Loans not secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  |  | 180 |  |  |  | 92 |  |  |  | 84 |  |  |  | 176 |  |  |  | - |  |  |  | 134 |  |  |  | 9 |
Consumer loans |  |  | 100 |  |  |  | - |  |  |  | 96 |  |  |  | 96 |  |  |  | 2 |  |  |  | 105 |  |  |  | 7 |
Total impaired loans |  | $ | 22,659 |  |  |  | 495 |  |  |  | 20,848 |  |  |  | 21,343 |  |  |  | 996 |  |  |  | 21,895 |  |  |  | 1,344 |
December 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 |  | $ | 281 |  |  |  | - |  |  |  | 279 |  |  |  | 279 |  |  |  | 5 |  |  |  | 327 |  |  |  | 19 |
Single-family residential |  |  | 5,059 |  |  |  | 422 |  |  |  | 4,188 |  |  |  | 4,610 |  |  |  | 32 |  |  |  | 6,271 |  |  |  | 261 |
Single-family residential - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Banco de la Gente non-traditional |  |  | 16,424 |  |  |  | - |  |  |  | 15,776 |  |  |  | 15,776 |  |  |  | 1,042 |  |  |  | 14,619 |  |  |  | 944 |
Commercial |  |  | 1,995 |  |  |  | - |  |  |  | 1,925 |  |  |  | 1,925 |  |  |  | 17 |  |  |  | 2,171 |  |  |  | 111 |
Total impaired real estate loans |  |  | 23,759 |  |  |  | 422 |  |  |  | 22,168 |  |  |  | 22,590 |  |  |  | 1,096 |  |  |  | 23,388 |  |  |  | 1,335 |
Loans not secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  |  | 251 |  |  |  | 89 |  |  |  | 1 |  |  |  | 90 |  |  |  | - |  |  |  | 96 |  |  |  | - |
Consumer loans |  |  | 116 |  |  |  | - |  |  |  | 113 |  |  |  | 113 |  |  |  | 2 |  |  |  | 137 |  |  |  | 7 |
Total impaired loans |  | $ | 24,126 |  |  |  | 511 |  |  |  | 22,282 |  |  |  | 22,793 |  |  |  | 1,098 |  |  |  | 23,621 |  |  |  | 1,342 |
Fair value measurements for mortgage loans held for sale, impaired loans and other real estate on a non-recurring basis |
|  | Fair Value Measurements December 31, 2020 |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage loans held for sale |  | $ | 9,139 |  |  |  | - |  |  |  | - |  |  |  | 9,139 |
Impaired loans |  | $ | 20,369 |  |  |  | - |  |  |  | - |  |  |  | 20,369 |
Other real estate |  | $ | 128 |  |  |  | - |  |  |  | - |  |  |  | 128 |
|  | Fair Value Measurements December 31, 2019 |  |  | Level 1 Valuation |  |  | Level 2 Valuation |  |  | Level 3 Valuation |
Mortgage loans held for sale |  | $ | 4,417 |  |  |  | - |  |  |  | - |  |  |  | 4,417 |
Impaired loans |  | $ | 20,347 |  |  |  | - |  |  |  | - |  |  |  | 20,347 |
Other real estate |  | $ | - |  |  |  | - |  |  |  | - |  |  |  | - |
|  | Fair Value December 31, 2020 |  |  | Fair Value December 31, 2019 |  | Valuation Technique |  | Significant Unobservable Inputs |  |  | General Range of Significant Unobservable Input Values |
Mortgage loans held for sale |  | $ | 9,139 |  |  |  | 4,417 |  | Rate lock commitment |  | N/A |  |  |  | N/A |
Impaired loans |  | $ | 20,369 |  |  |  | 20,347 |  | Appraised value and discounted cash flows |  | Discounts to reflect current market conditions and ultimate collectability |  |  |  | 0 - 25 | %
Other real estate |  | $ | 128 |  |  |  | - |  | Appraised value |  | Discounts to reflect current market conditions and estimated costs to sell |  |  |  | 0 - 25 | %
Changes in the allowance for loan losses |
|  | Real Estate Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Construction and Land Development |  |  | Single-Family Residential |  |  | Single-Family Residential - Banco de la Gente Non-traditional |  |  | Commercial |  |  | Multifamily and Farmland |  |  | Commercial |  |  | Farm |  |  | Consumer and All Other |  |  | Unallocated |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 694 |  |  |  | 1,274 |  |  |  | 1,073 |  |  |  | 1,305 |  |  |  | 120 |  |  |  | 688 |  |  |  | - |  |  |  | 138 |  |  |  | 1,388 |  |  |  | 6,680 |
Charge-offs |  |  | (5 | ) |  |  | (65 | ) |  |  | - |  |  |  | (7 | ) |  |  | - |  |  |  | (903 | ) |  |  | - |  |  |  | (434 | ) |  |  | - |  |  |  | (1,414 | )
Recoveries |  |  | 36 |  |  |  | 70 |  |  |  | - |  |  |  | 70 |  |  |  | - |  |  |  | 34 |  |  |  | - |  |  |  | 173 |  |  |  | - |  |  |  | 383 |
Provision |  |  | 471 |  |  |  | 564 |  |  |  | (21 | ) |  |  | 844 |  |  |  | 2 |  |  |  | 1,526 |  |  |  | - |  |  |  | 251 |  |  |  | 622 |  |  |  | 4,259 |
Ending balance |  | $ | 1,196 |  |  |  | 1,843 |  |  |  | 1,052 |  |  |  | 2,212 |  |  |  | 122 |  |  |  | 1,345 |  |  |  | - |  |  |  | 128 |  |  |  | 2,010 |  |  |  | 9,908 |
Ending balance: individually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 1 |  |  |  | 4 |  |  |  | 844 |  |  |  | 8 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 857 |
Ending balance: collectively |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  |  | 1,195 |  |  |  | 1,839 |  |  |  | 208 |  |  |  | 2,204 |  |  |  | 122 |  |  |  | 1,345 |  |  |  | - |  |  |  | 128 |  |  |  | 2,010 |  |  |  | 9,051 |
Ending balance |  | $ | 1,196 |  |  |  | 1,843 |  |  |  | 1,052 |  |  |  | 2,212 |  |  |  | 122 |  |  |  | 1,345 |  |  |  | - |  |  |  | 128 |  |  |  | 2,010 |  |  |  | 9,908 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 94,124 |  |  |  | 272,325 |  |  |  | 26,883 |  |  |  | 332,971 |  |  |  | 48,880 |  |  |  | 161,740 |  |  |  | 855 |  |  |  | 10,861 |  |  |  | - |  |  |  | 948,639 |
Ending balance: individually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 7 |  |  |  | 1,558 |  |  |  | 11,353 |  |  |  | 2,118 |  |  |  | - |  |  |  | 212 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 15,248 |
Ending balance: collectively |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 94,117 |  |  |  | 270,767 |  |  |  | 15,530 |  |  |  | 330,853 |  |  |  | 48,880 |  |  |  | 161,528 |  |  |  | 855 |  |  |  | 10,861 |  |  |  | - |  |  |  | 933,391 |
Changes in the allowance for loan losses for the year ended December 31, 2019 were as follows: (Dollars in thousands)
|  | Real Estate Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Construction and Land Development |  |  | Single-Family Residential |  |  | Single-Family Residential - Banco de la Gente Non-traditional |  |  | Commercial |  |  | Multifamily and Farmland |  |  | Commercial |  |  | Farm |  |  | Consumer and All Other |  |  | Unallocated |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 813 |  |  |  | 1,325 |  |  |  | 1,177 |  |  |  | 1,278 |  |  |  | 83 |  |  |  | 626 |  |  |  | - |  |  |  | 161 |  |  |  | 982 |  |  |  | 6,445 |
Charge-offs |  |  | (21 | ) |  |  | (42 | ) |  |  | - |  |  |  | (1 | ) |  |  | - |  |  |  | (389 | ) |  |  | - |  |  |  | (623 | ) |  |  | - |  |  |  | (1,076 | )
Recoveries |  |  | 45 |  |  |  | 66 |  |  |  | - |  |  |  | 49 |  |  |  | - |  |  |  | 83 |  |  |  | - |  |  |  | 205 |  |  |  | - |  |  |  | 448 |
Provision |  |  | (143 | ) |  |  | (75 | ) |  |  | (104 | ) |  |  | (21 | ) |  |  | 37 |  |  |  | 368 |  |  |  | - |  |  |  | 395 |  |  |  | 406 |  |  |  | 863 |
Ending balance |  | $ | 694 |  |  |  | 1,274 |  |  |  | 1,073 |  |  |  | 1,305 |  |  |  | 120 |  |  |  | 688 |  |  |  | - |  |  |  | 138 |  |  |  | 1,388 |  |  |  | 6,680 |
Ending balance: individually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 2 |  |  |  | 6 |  |  |  | 925 |  |  |  | 4 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 937 |
Ending balance: collectively |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  |  | 692 |  |  |  | 1,268 |  |  |  | 148 |  |  |  | 1,301 |  |  |  | 120 |  |  |  | 688 |  |  |  | - |  |  |  | 138 |  |  |  | 1,388 |  |  |  | 5,743 |
Ending balance |  | $ | 694 |  |  |  | 1,274 |  |  |  | 1,073 |  |  |  | 1,305 |  |  |  | 120 |  |  |  | 688 |  |  |  | - |  |  |  | 138 |  |  |  | 1,388 |  |  |  | 6,680 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 92,596 |  |  |  | 269,475 |  |  |  | 30,793 |  |  |  | 291,255 |  |  |  | 48,090 |  |  |  | 100,263 |  |  |  | 1,033 |  |  |  | 16,369 |  |  |  | - |  |  |  | 849,874 |
Ending balance: individually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 10 |  |  |  | 1,697 |  |  |  | 12,899 |  |  |  | 1,365 |  |  |  | - |  |  |  | 92 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 16,063 |
Ending balance: collectively |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 92,586 |  |  |  | 267,778 |  |  |  | 17,894 |  |  |  | 289,890 |  |  |  | 48,090 |  |  |  | 100,171 |  |  |  | 1,033 |  |  |  | 16,369 |  |  |  | - |  |  |  | 833,811 |
Changes in the allowance for loan losses for the year ended December 31, 2018 were as follows: (Dollars in thousands)
|  | Real Estate Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Construction and Land Development |  |  | Single-Family Residential |  |  | Single-Family Residential - Banco de la Gente Non-traditional |  |  | Commercial |  |  | Multifamily and Farmland |  |  | Commercial |  |  | Farm |  |  | Consumer and All Other |  |  | Unallocated |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 804 |  |  |  | 1,812 |  |  |  | 1,280 |  |  |  | 1,193 |  |  |  | 72 |  |  |  | 574 |  |  |  | - |  |  |  | 155 |  |  |  | 476 |  |  |  | 6,366 |
Charge-offs |  |  | (53 | ) |  |  | (116 | ) |  |  | - |  |  |  | (453 | ) |  |  | (5 | ) |  |  | (54 | ) |  |  | - |  |  |  | (452 | ) |  |  | - |  |  |  | (1,133 | )
Recoveries |  |  | 10 |  |  |  | 106 |  |  |  | - |  |  |  | 105 |  |  |  | 1 |  |  |  | 32 |  |  |  | - |  |  |  | 168 |  |  |  | - |  |  |  | 422 |
Provision |  |  | 52 |  |  |  | (477 | ) |  |  | (103 | ) |  |  | 433 |  |  |  | 15 |  |  |  | 74 |  |  |  | - |  |  |  | 290 |  |  |  | 506 |  |  |  | 790 |
Ending balance |  | $ | 813 |  |  |  | 1,325 |  |  |  | 1,177 |  |  |  | 1,278 |  |  |  | 83 |  |  |  | 626 |  |  |  | - |  |  |  | 161 |  |  |  | 982 |  |  |  | 6,445 |
Ending balance: individually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | - |  |  |  | - |  |  |  | 1,023 |  |  |  | 15 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,038 |
Ending balance: collectively |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  |  | 813 |  |  |  | 1,325 |  |  |  | 154 |  |  |  | 1,263 |  |  |  | 83 |  |  |  | 626 |  |  |  | - |  |  |  | 161 |  |  |  | 982 |  |  |  | 5,407 |
Ending balance |  | $ | 813 |  |  |  | 1,325 |  |  |  | 1,177 |  |  |  | 1,278 |  |  |  | 83 |  |  |  | 626 |  |  |  | - |  |  |  | 161 |  |  |  | 982 |  |  |  | 6,445 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 94,178 |  |  |  | 252,983 |  |  |  | 34,261 |  |  |  | 270,055 |  |  |  | 33,163 |  |  |  | 97,465 |  |  |  | 926 |  |  |  | 20,992 |  |  |  | - |  |  |  | 804,023 |
Ending balance: individually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 96 |  |  |  | 1,779 |  |  |  | 14,310 |  |  |  | 1,673 |  |  |  | - |  |  |  | 89 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 17,947 |
Ending balance: collectively |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
evaluated for impairment |  | $ | 94,082 |  |  |  | 251,204 |  |  |  | 19,951 |  |  |  | 268,382 |  |  |  | 33,163 |  |  |  | 97,376 |  |  |  | 926 |  |  |  | 20,992 |  |  |  | - |  |  |  | 786,076 |
Credit risk profile of each loan type based on internally assigned risk grade |
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Real Estate Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Construction and Land Development |  |  | Single-Family Residential |  |  | Single-Family Residential - Banco de la Gente non-traditional |  |  | Commercial |  |  | Multifamily and Farmland |  |  | Commercial |  |  | Farm |  |  | Consumer |  |  | All Other |  |  | Total |
1- Excellent Quality |  | $ | 228 |  |  |  | 9,867 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 406 |  |  |  | - |  |  |  | 678 |  |  |  | - |  |  |  | 11,179 |
2- High Quality |  |  | 9,092 |  |  |  | 121,331 |  |  |  | - |  |  |  | 40,569 |  |  |  | 22 |  |  |  | 19,187 |  |  |  | - |  |  |  | 2,237 |  |  |  | 1,563 |  |  |  | 194,001 |
3- Good Quality |  |  | 76,897 |  |  |  | 115,109 |  |  |  | 10,170 |  |  |  | 241,273 |  |  |  | 44,890 |  |  |  | 128,727 |  |  |  | 832 |  |  |  | 3,826 |  |  |  | 1,477 |  |  |  | 623,201 |
4- Management Attention |  |  | 4,917 |  |  |  | 20,012 |  |  |  | 12,312 |  |  |  | 39,370 |  |  |  | 3,274 |  |  |  | 11,571 |  |  |  | 23 |  |  |  | 336 |  |  |  | 708 |  |  |  | 92,523 |
5- Watch |  |  | 2,906 |  |  |  | 2,947 |  |  |  | 1,901 |  |  |  | 10,871 |  |  |  | 694 |  |  |  | 1,583 |  |  |  | - |  |  |  | 6 |  |  |  | - |  |  |  | 20,908 |
6- Substandard |  |  | 84 |  |  |  | 3,059 |  |  |  | 2,500 |  |  |  | 888 |  |  |  | - |  |  |  | 266 |  |  |  | - |  |  |  | 30 |  |  |  | - |  |  |  | 6,827 |
7- Doubtful |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
8- Loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 94,124 |  |  |  | 272,325 |  |  |  | 26,883 |  |  |  | 332,971 |  |  |  | 48,880 |  |  |  | 161,740 |  |  |  | 855 |  |  |  | 7,113 |  |  |  | 3,748 |  |  |  | 948,639 |
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Real Estate Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Construction and Land Development |  |  | Single-Family Residential |  |  | Single-Family Residential - Banco de la Gente non-traditional |  |  | Commercial |  |  | Multifamily and Farmland |  |  | Commercial |  |  | Farm |  |  | Consumer |  |  | All Other |  |  | Total |
1- Excellent Quality |  | $ | - |  |  |  | 8,819 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 330 |  |  |  | - |  |  |  | 693 |  |  |  | - |  |  |  | 9,842 |
2- High Quality |  |  | 32,029 |  |  |  | 128,757 |  |  |  | - |  |  |  | 21,829 |  |  |  | 256 |  |  |  | 20,480 |  |  |  | - |  |  |  | 2,708 |  |  |  | 1,860 |  |  |  | 207,919 |
3- Good Quality |  |  | 52,009 |  |  |  | 107,246 |  |  |  | 12,103 |  |  |  | 231,003 |  |  |  | 42,527 |  |  |  | 72,417 |  |  |  | 948 |  |  |  | 4,517 |  |  |  | 5,352 |  |  |  | 528,122 |
4- Management Attention |  |  | 5,487 |  |  |  | 18,409 |  |  |  | 13,737 |  |  |  | 35,095 |  |  |  | 4,764 |  |  |  | 6,420 |  |  |  | 85 |  |  |  | 458 |  |  |  | 725 |  |  |  | 85,180 |
5- Watch |  |  | 3,007 |  |  |  | 3,196 |  |  |  | 2,027 |  |  |  | 3,072 |  |  |  | 543 |  |  |  | 492 |  |  |  | - |  |  |  | 8 |  |  |  | - |  |  |  | 12,345 |
6- Substandard |  |  | 64 |  |  |  | 3,048 |  |  |  | 2,926 |  |  |  | 256 |  |  |  | - |  |  |  | 124 |  |  |  | - |  |  |  | 48 |  |  |  | - |  |  |  | 6,466 |
7- Doubtful |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
8- Loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 92,596 |  |  |  | 269,475 |  |  |  | 30,793 |  |  |  | 291,255 |  |  |  | 48,090 |  |  |  | 100,263 |  |  |  | 1,033 |  |  |  | 8,432 |  |  |  | 7,937 |  |  |  | 849,874 |

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