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Loans (Tables)

6 Months Ended

Jun. 30, 2022

Loans

Major Classifications Of Loans

(Dollars in thousands)
		June 30, 2022				December 31, 2021
Real estate loans:
Construction and land development		$	103,241				95,760
Single-family residential			292,685				266,111
Single-family residential -
Banco de la Gente non-traditional			21,378				23,147
Commercial			386,368				337,841
Multifamily and farmland			62,687				58,366
Total real estate loans			866,359				781,225
Loans not secured by real estate:
Commercial loans			70,691				91,172
Farm loans			1,006				796
Consumer loans			6,284				6,436
All other loans			15,133				5,240
Total loans			959,473				884,869
Less allowance for loan losses			(9,789	)			(9,355	)
Total net loans		$	949,684				875,514

Age Analysis Of Past Due Loans, By Loan Type

June 30, 2022
(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		$	43				-				43				103,198				103,241				-
Single-family residential			1,009				370				1,379				291,306				292,685				-
Single-family residential -
Banco de la Gente non-traditional			514				171				685				20,693				21,378				-
Commercial			250				-				250				386,118				386,368				-
Multifamily and farmland			-				-				-				62,687				62,687				-
Total real estate loans			1,816				541				2,357				864,002				866,359				-
Loans not secured by real estate:
Commercial loans			99				-				99				70,592				70,691				-
Farm loans			-				-				-				1,006				1,006				-
Consumer loans			123				-				123				6,161				6,284				-
All other loans			7				-				7				15,126				15,133				-
Total loans		$	2,045				541				2,586				956,887				959,473				-

December 31, 2021
(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		$	-				-				-				95,760				95,760				-
Single-family residential			2,323				634				2,957				263,154				266,111				-
Single-family residential -
Banco de la Gente non-traditional			2,593				112				2,705				20,442				23,147				-
Commercial			488				-				488				337,353				337,841				-
Multifamily and farmland			-				-				-				58,366				58,366				-
Total real estate loans			5,404				746				6,150				775,075				781,225				-
Loans not secured by real estate:
Commercial loans			43				-				43				91,129				91,172				-
Farm loans			-				-				-				796				796				-
Consumer loans			38				-				38				6,398				6,436				-
All other loans			-				-				-				5,240				5,240				-
Total loans		$	5,485				746				6,231				878,638				884,869				-

Non-accrual Loans

(Dollars in thousands)
		June 30, 2022				December 31, 2021
Real estate loans:
Construction and land development		$	-				-
Single-family residential			1,914				1,642
Single-family residential -
Banco de la Gente non-traditional			1,416				1,232
Commercial			137				200
Multifamily and farmland			98				105
Total real estate loans			3,565				3,179
Loans not secured by real estate:
Commercial loans			-				49
Consumer loans			21				2
Total		$	3,586				3,230

Impaired Loans

June 30, 2022
(Dollars in thousands)
		Unpaid Contractual Principal Balance				Recorded Investment With No Allowance				Recorded Investment With Allowance				Recorded Investment in Impaired Loans				Related Allowance
Real estate loans:
Construction and land development		$	62				-				62				62				1
Single-family residential			4,177				514				3,378				3,892				61
Single-family residential -
Banco de la Gente non-traditional			11,022				-				10,356				10,356				654
Commercial			2,020				429				1,520				1,949				10
Multifamily and farmland			108				-				98				98				-
Total impaired real estate loans			17,389				943				15,414				16,357				726
Loans not secured by real estate:
Commercial loans			146				-				145				145				1
Consumer loans			24				-				23				23				-
Total impaired loans		$	17,559				943				15,582				16,525				727

(Dollars in thousands)
		Three months ended																Six months ended
		June 30, 2022								June 30, 2021								June 30, 2022								June 30, 2021
		Average Balance				Interest Income Recognized				Average Balance				Interest Income Recognized				Average Balance				Interest Income Recognized				Average Balance				Interest Income Recognized
Real estate loans:
Construction and land development		$	65				1				91				1				68				3				97				3
Single-family residential			1,231				51				6,100				57				1,015				99				5,731				118
Single-family residential -
Banco de la Gente stated income			13,273				135				10,835				160				13,927				273				11,407				337
Commercial			1,984				26				2,682				29				2,004				50				2,779				64
Multifamily and farmland			100				1				113				1				102				3				114				2
Total impaired real estate loans			16,653				214				19,821				248				17,116				428				20,128				524
Loans not secured by real estate:
Commercial loans			151				2				315				5				174				4				362				11
Farm loans (non RE)			-				-				-				-								-								-
Consumer loans			16				1				15				-				12				1				22				1
Total impaired loans		$	16,820				217				20,151				253				17,302				433				20,512				536

December 31, 2021
(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		$	73				-				73				73				3				82				6
Single-family residential			5,138				524				4,374				4,898				86				6,017				253
Single-family residential -
Banco de la Gente non-traditional			11,753				-				10,922				10,922				687				10,325				609
Commercial			2,138				435				1,608				2,043				11				2,385				109
Multifamily and farmland			113				-				105				105				-				110				6
Total impaired real estate loans			19,215				959				17,082				18,041				787				18,919				983
Loans not secured by real estate:
Commercial loans			282				49				170				219				2				271				19
Consumer loans			8				-				4				4				-				11				1
Total impaired loans		$	19,505				1,008				17,256				18,264				789				19,201				1,003

Changes In The Allowance For Loan Losses

(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
Six months ended June 30, 2022:
Allowance for loan losses:
Beginning balance		$	1,193				2,013				864				2,234				150				711				-				110				2,080				9,355
Charge-offs			-				(31	)			-				-				-				(7	)			-				(246	)			-				(284	)
Recoveries			-				127				-				4				-				55				-				51				-				237
Provision			79				62				(51	)			918				7				(126	)			-				301				(709	)			481
Ending balance		$	1,272				2,171				813				3,156				157				633				-				216				1,371				9,789
Three months ended June 30, 2022:
Allowance for loan losses:
Beginning balance		$	1,163				2,095				841				3,011				147				646				-				128				1,395				9,426
Charge-offs			-				-				-				-				-				(3	)			-				(121	)			-				(124	)
Recoveries			-				10				-				2				-				36				-				29				-				77
Provision			109				66				(28	)			143				10				(46	)			-				180				(24	)			410
Ending balance		$	1,272				2,171				813				3,156				157				633				-				216				1,371				9,789
Allowance for loan losses at June 30, 2022:
Ending balance: individually
evaluated for impairment		$	-				37				640				6				-				-				-				-				-				683
Ending balance: collectively
evaluated for impairment			1,272				2,134				173				3,150				157				633				-				216				1,371				9,106
Ending balance		$	1,272				2,171				813				3,156				157				633				-				216				1,371				9,789
Loans at June 30, 2022:
Ending balance		$	103,241				292,685				21,378				386,368				62,687				70,691				1,006				21,417				-				959,473
Ending balance: individually
evaluated for impairment		$	-				845				9,214				1,413				-				-				-				-				-				11,472
Ending balance: collectively
evaluated for impairment		$	103,241				291,840				12,164				384,955				62,687				70,691				1,006				21,417				-				948,001

(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
Six months ended June 30, 2021:
Allowance for loan losses:
Beginning balance		$	1,196				1,843				1,052				2,212				122				1,345				-				128				2,010				9,908
Charge-offs			-				-				-				-				-				(78	)			-				(158	)			-				(236	)
Recoveries			90				78				-				48				-				6				-				74				-				296
Provision			(248	)			(198	)			(72	)			(80	)			26				(277	)			-				45				123				(681	)
Ending balance		$	1,038				1,723				980				2,180				148				996				-				89				2,133				9,287
Three months ended June 30, 2021:
Allowance for loan losses:
Beginning balance		$	1,061				1,850				1,033				2,252				145				1,244				-				91				1,856				9,532
Charge-offs			-				-				-				-				-				(78	)			-				(73	)			-				(151	)
Recoveries			40				18				-				36				-				-				-				38				-				132
Provision			(63	)			(145	)			(53	)			(108	)			3				(170	)			-				33				277				(226	)
Ending balance		$	1,038				1,723				980				2,180				148				996				-				89				2,133				9,287
Allowance for loan losses at June 30, 2021:
Ending balance: individually
evaluated for impairment		$	1				5				790				10				-				-				-				-				-				806
Ending balance: collectively
evaluated for impairment			1,037				1,718				190				2,170				148				996				-				89				2,133				8,481
Ending balance		$	1,038				1,723				980				2,180				148				996				-				89				2,133				9,287
Loans at June 30, 2021:
Ending balance		$	90,579				257,901				25,198				340,216				59,142				104,506				742				10,076				-				888,360
Ending balance: individually
evaluated for impairment		$	6				1,426				10,722				1,741				-				59				-				-				-				13,954
Ending balance: collectively
evaluated for impairment		$	90,573				256,475				14,476				338,475				59,142				104,447				742				10,076				-				874,406

Credit Risk Profile Of Each Loan Type Based On Internally Assigned Risk Grade

June 30, 2022
(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		$	-				3,556				-				-				-				1,381				-				564				-				5,501
2- High Quality			18,945				116,720				-				31,456				18				15,391				-				1,923				1,530				185,983
3- Good Quality			81,150				156,099				8,053				324,117				60,121				51,572				1,005				3,508				13,317				698,942
4- Management Attention			3,018				11,599				9,627				27,554				1,922				1,473				1				259				137				55,590
5- Watch			66				1,199				1,282				2,675				528				874				-				1				149				6,774
6- Substandard			62				3,512				2,416				566				98				-				-				29				-				6,683
7- Doubtful			-				-				-				-				-				-				-				-				-				-
8- Loss			-				-				-				-				-				-				-				-				-				-
Total		$	103,241				292,685				21,378				386,368				62,687				70,691				1,006				6,284				15,133				959,473

December 31, 2021
(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		$	-				5,923				-				-				-				371				-				581				-				6,875
2- High Quality			11,752				109,337				-				28,546				19				16,177				-				2,039				1,309				169,179
3- Good Quality			80,325				129,856				8,712				272,786				54,945				68,183				792				3,510				3,931				623,040
4- Management Attention			3,534				14,964				10,478				30,937				2,754				5,214				4				284				-				68,169
5- Watch			76				2,464				1,703				4,938				543				1,177				-				1				-				10,902
6- Substandard			73				3,567				2,254				634				105				50				-				21				-				6,704
7- Doubtful			-				-				-				-				-				-				-				-				-				-
8- Loss			-				-				-				-				-				-				-				-				-				-
Total		$	95,760				266,111				23,147				337,841				58,366				91,172				796				6,436				5,240				884,869

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