Loans (Tables)

6 Months Ended

Jun. 30, 2015

Recorded investment in loans by portfolio segment



	June 30,		December 31,
	2015		2014

Commercial	$	47,115	$	46,532
Real estate:
Single-family residential		72,315		51,445
Multi-family residential		30,925		28,790
Commercial		83,921		91,119
Construction		29,963		23,641
Consumer:
Home equity lines of credit		20,057		16,898
Other		6,344		4,976
Subtotal		290,640		263,401
Less: ALLL		(6,480)		(6,316)
Loans, net	$	284,160	$	257,085

Activity in ALLL by portfolio segment

The following tables present the activity in the ALLL by portfolio segment for the three and six months ended June 30, 2015:



	Three months ended June 30, 2015
			Real Estate								Consumer
	Commercial		Single-family		Multi-family		Commercial		Construction		Home Equity lines of credit		Other		Total

Beginning balance	$	1,451	$	700	$	693	$	2,497	$	541	$	468	$	92	$	6,442
Addition to (reduction in) provision for loan losses		(57)		(11)		61		(103)		181		(14)		18		75
Charge-offs		-		(31)		-		(25)		-		-		-		(56)
Recoveries		-		-		-		3		-		16		-		19
Ending balance	$	1,394	$	658	$	754	$	2,372	$	722	$	470	$	110	$	6,480



	Six months ended June 30, 2015
			Real Estate								Consumer
	Commercial		Single-family		Multi-family		Commercial		Construction		Home Equity lines of credit		Other		Total

Beginning balance	$	1,346	$	634	$	818	$	2,541	$	442	$	441	$	94	$	6,316
Addition to (reduction in) provision for loan losses		31		54		(64)		(180)		280		9		20		150
Charge-offs		(8)		(31)		-		(25)		-		-		(10)		(74)
Recoveries		25		1		-		36		-		20		6		88
Ending balance	$	1,394	$	658	$	754	$	2,372	$	722	$	470	$	110	$	6,480

The following tables present the activity in the ALLL by portfolio segment for the three months ended June 30, 2014:



	Three months ended June 30, 2014
			Real Estate								Consumer
	Commercial		Single-family		Multi-family		Commercial		Construction		Home Equity lines of credit		Other		Total

Beginning balance	$	1,587	$	159	$	1,458	$	2,064	$	378	$	109	$	8	$	5,763
Addition to (reduction in) provision for loan losses		18		37		(247)		165		96		7		32		108
Charge-offs		-		-		-		(2)		-		(9)		-		(11)
Recoveries		-		-		-		4		-		6		1		11
Ending balance	$	1,605	$	196	$	1,211	$	2,231	$	474	$	113	$	41	$	5,871



	Six months ended June 30, 2014
			Real Estate								Consumer
	Commercial		Single-family		Multi-family		Commercial		Construction		Home Equity lines of credit		Other		Total

Beginning balance	$	1,759	$	120	$	1,262	$	2,325	$	119	$	139	$	5	$	5,729
Addition to (reduction in) provision for loan losses		(157)		75		(51)		(100)		355		(28)		34		128
Charge-offs		-		-		-		(2)		-		(9)		-		(11)
Recoveries		3		1		-		8		-		11		2		25
Ending balance	$	1,605	$	196	$	1,211	$	2,231	$	474	$	113	$	41	$	5,871

Balance in ALLL and recorded investment in loans by portfolio segment and based on impairment method

The following table presents the balance in the ALLL and the recorded investment in loans by portfolio segment and based on the impairment method as of June 30, 2015:



			Real Estate								Consumer
	Commercial		Single- family		Multi- family		Commercial		Construction		Home Equity lines of credit		Other		Total

ALLL:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	23	$	1	$	-	$	22	$	-	$	-	$	-	$	46
Collectively evaluated for impairment		1,371		657		754		2,350		722		470		110		6,434
Total ending allowance balance	$	1,394	$	658	$	754	$	2,372	$	722	$	470	$	110	$	6,480

Loans:
Individually evaluated for impairment	$	513	$	297	$	1,611	$	3,516	$	-	$	-	$	-	$	5,937
Collectively evaluated for impairment		46,602		72,018		29,314		80,405		29,963		20,057		6,344		284,703
Total ending loan balance	$	47,115	$	72,315	$	30,925	$	83,921	$	29,963	$	20,057	$	6,344	$	290,640

The following table presents the balance in the ALLL and the recorded investment in loans by portfolio segment and based on the impairment method as of December 31, 2014:



			Real Estate								Consumer
	Commercial		Single- family		Multi- family		Commercial		Construction		Home Equity lines of credit		Other		Total
ALLL:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	29	$	-	$	1	$	34	$	-	$	-	$	-	$	64
Collectively evaluated for impairment		1,317		634		817		2,507		442		441		94		6,252
Total ending allowance balance	$	1,346	$	634	$	818	$	2,541	$	442	$	441	$	94	$	6,316

Loans:
Individually evaluated for impairment	$	630	$	296	$	1,631	$	3,695	$	-	$	-	$	-	$	6,252
Collectively evaluated for impairment		45,902		51,149		27,159		87,424		23,641		16,898		4,976		257,149
Total ending loan balance	$	46,532	$	51,445	$	28,790	$	91,119	$	23,641	$	16,898	$	4,976	$	263,401

Individually evaluated for impairment by class of loans

The following table presents loans individually evaluated for impairment by class of loans at June 30, 2015. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, deferred loan fees and costs. The table presents accrual basis interest income recognized during the three and six months ended June 30, 2015. Cash payments of interest on these loans during the three and six months ended June 30, 2015 totaled $84 and $166, respectively.


							Three months ended				Six months ended
	As of June 30, 2015						June 30, 2015				June 30, 2015
	Unpaid Principal Balance		Recorded Investment		ALLL Allocated		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial	$	79	$	71	$	-	$	74	$	-	$	78	$	1
Real estate:
Single-family residential		336		175		-		176		-		178		-
Multi-family residential		1,562		1,562		-		1,565		24		1,569		47
Commercial:
Non-owner occupied		551		451		-		458		-		463		-
Owner occupied		696		175		-		176		10		178		19
Land		-		-		-		-		-		-		-
Total with no allowance recorded		3,224		2,434		-		2,449		34		2,466		67

With an allowance recorded:
Commercial		442		442		23		451		3		464		6
Real estate:
Single-family residential		122		122		1		122		2		123		4
Multi-family residential		49		49		-		49		1		50		2
Commercial:
Non-owner occupied		2,245		2,245		9		2,247		34		2,252		68
Owner occupied		372		372		2		373		5		375		10
Land		318		273		11		277		4		287		9
Total with an allowance recorded		3,548		3,503		46		3,519		49		3,551		99
Total	$	6,772	$	5,937	$	46	$	5,968	$	83	$	6,017	$	166

The following table presents loans individually evaluated for impairment by class of loans at December 31, 2014. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, deferred loan fees and costs. The table presents accrual basis interest income recognized during the three and six months ended June 30, 2014. Cash payments of interest during the three and six months ended June 30, 2014 totaled $51 and $106, respectively.


							Three months ended				Six months ended
	As of December 31, 2014						June 30, 2014				June 30, 2014
	Unpaid Principal Balance		Recorded Investment		ALLL Allocated		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial	$	135	$	121	$	-	$	120	$	-	$	120	$	-
Real estate:
Single-family residential		334		173		-		182		-		183		-
Multi-family residential		1,579		1,579		-		-		-		-		-
Commercial:
Non-owner occupied		577		477		-		508		-		515		-
Owner occupied		704		183		-		1,026		-		1,035		-
Land		-		-		-		-		-		-		-
Total with no allowance recorded		3,329		2,533		-		1,836		-		1,853		-

With an allowance recorded:
Commercial		509		509		29		781		4		799		12
Real estate:
Single-family residential		123		123		-		125		1		126		3
Multi-family residential		52		52		1		1,704		1		1,720		2
Commercial:
Non-owner occupied		2,352		2,352		17		2,107		33		2,115		66
Owner occupied		380		380		2		390		6		392		11
Land		348		303		15		592		5		662		10
Total with an allowance recorded		3,764		3,719		64		5,699		50		5,814		104
Total	$	7,093	$	6,252	$	64	$	7,535	$	50	$	7,667	$	104

Recorded investment in nonaccrual loans by class of loans




	June 30, 2015		December 31, 2014
Loans past due over 90 days still on accrual	$	-	$	-
Nonaccrual loans:
Commercial		289		369
Real estate:
Single-family residential		678		549
Multi-family residential		-		-
Commercial:
Non-owner occupied		451		477
Owner occupied		-		-
Land		-		-
Consumer:
Home equity lines of credit:
Originated for portfolio		22		51
Purchased for portfolio		98		102
Other consumer		-		-
Total nonaccrual		1,538		1,548
Total nonaccrual and nonperforming loans	$	1,538	$	1,548

Aging of recorded investment in past due loans by class of loans

The following table presents the aging of the recorded investment in past due loans by class of loans as of June 30, 2015:


	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Loans Not Past Due		Nonaccrual Loans Not > 90 days Past Due

Commercial	$	10	$	83	$	-	$	93	$	47,022	$	289
Real estate:
Single-family residential		981		204		224		1,409		70,906		454
Multi-family residential		-		-		-		-		30,925		-
Commercial:
Non-owner occupied		5		-		-		5		45,923		451
Owner occupied		-		-		-		-		31,744		-
Land		-		-		-		-		6,249		-
Construction		-		-		-		-		29,963		-
Consumer:
Home equity lines of credit:
Originated for portfolio		120		-		-		120		18,617		22
Purchased for portfolio		-		-		-		-		1,320		98
Other		-		-		-		-		6,344		-
Total	$	1,116	$	287	$	224	$	1,627	$	289,013	$	1,314

The following table presents the aging of the recorded investment in past due loans by class of loans as of December 31, 2014:



	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Loans Not Past Due		Nonaccrual Loans Not > 90 days Past Due

Commercial	$	18	$	-	$	121	$	139	$	46,393	$	248
Real estate:
Single-family residential		521		55		68		644		50,801		481
Multi-family residential		-		-		-		-		28,790		-
Commercial:
Non-owner occupied		115		-		-		115		48,879		477
Owner occupied		-		-		-		-		35,900		-
Land		-		-		-		-		6,225		-
Construction		52		-		-		52		23,589		-
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		51		51		15,414		-
Purchased for portfolio		30		102		-		132		1,301		102
Other		5		10		-		15		4,961		-
Total	$	741	$	167	$	240	$	1,148	$	262,253	$	1,308

Loans Modified As TDRs By Class Of Loans




	June 30, 2015		December 31, 2014

Commercial	$	221	$	249
Real estate:
Single-family residential		166		173
Multi-family residential		-		-
Commercial:
Non-owner occupied		-		-
Owner occupied		-		-
Total	$	387	$	422

Financing Receivable Credit Quality Indicators

The recorded investment in loans by risk category and by class of loans as of June 30, 2015 and based on the most recent analysis performed follows. There were no loans rated doubtful at June 30, 2015.


	Not Rated		Pass		Special Mention		Substandard		Total

Commercial	$	96	$	46,351	$	297	$	371	$	47,115
Real estate:
Single-family residential		71,603		-		-		712		72,315
Multi-family residential		-		30,203		-		722		30,925
Commercial:
Non-owner occupied		132		41,652		-		4,144		45,928
Owner occupied		-		30,026		657		1,061		31,744
Land		67		3,528		-		2,654		6,249
Construction		10,125		19,838		-		-		29,963
Consumer:
Home equity lines of credit:
Originated for portfolio		18,619		-		-		118		18,737
Purchased for portfolio		763		-		302		255		1,320
Other		6,344		-		-		-		6,344
	$	107,749	$	171,598	$	1,256	$	10,037	$	290,640

The recorded investment in loans by risk category and by class of loans as of December 31, 2014 follows. There were no loans rated doubtful at December 31, 2014.



	Not Rated		Pass		Special Mention		Substandard		Total

Commercial	$	1,088	$	44,543	$	441	$	460	$	46,532
Real estate:
Single-family residential		50,864		-		-		581		51,445
Multi-family residential		-		26,412		-		2,378		28,790
Commercial:
Non-owner occupied		139		43,547		89		5,219		48,994
Owner occupied		-		33,305		1,507		1,088		35,900
Land		78		3,417		-		2,730		6,225
Construction		8,645		14,996		-		-		23,641
Consumer:
Home equity lines of credit:
Originated for portfolio		15,316		-		-		149		15,465
Purchased for portfolio		857		-		313		263		1,433
Other		4,976		-		-		-		4,976
	$	81,963	$	166,220	$	2,350	$	12,868	$	263,401