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Loans And Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Loans And Leases [Abstract]  
Recorded Investment In Loans By Portfolio Segment

September 30, 2022

December 31, 2021

(unaudited)

Commercial (1)

$

415,153

$

336,881

Real estate:

Single-family residential

439,517

346,797

Multi-family residential

97,666

76,785

Commercial

375,833

359,562

Construction

129,936

83,360

Consumer:

Home equity lines of credit

29,576

24,228

Other

1,889

2,044

Subtotal

1,489,570

1,229,657

Less: ALLL

(15,687)

(15,508)

Loans and leases, net

$

1,473,883

$

1,214,149

(1)Includes $22,571 and $23,157 of commercial leases at September 30, 2022 and December 31, 2021, respectively.
Activity In ALLL By Portfolio Segment The following tables present the activity in the ALLL by portfolio segment for the three and nine months ended September 30, 2022:

Three months ended September 30, 2022 (unaudited)

Real Estate

Consumer

Commercial

Single-family

Multi-family

Commercial

Construction

Home Equity lines of credit

Other

Total

Beginning balance

$

4,727

$

3,715

$

787

$

3,984

$

1,894

$

279

$

146

$

15,532

Addition to (reduction in) provision for loan losses

-  

-  

185

-  

-  

-  

(35)

150

Charge-offs

-  

-  

-  

-  

-  

-  

-  

-  

Recoveries

-  

2

-  

-  

-  

3

-  

5

Ending balance

$

4,727

$

3,717

$

972

$

3,984

$

1,894

$

282

$

111

$

15,687

Nine months ended September 30, 2022 (unaudited)

Real Estate

Consumer

Commercial

Single-family

Multi-family

Commercial

Construction

Home Equity lines of credit

Other

Total

Beginning balance

$

4,127

$

3,348

$

827

$

5,034

$

1,744

$

272

$

156

$

15,508

Addition to (reduction in) provision for loan losses

600

350

145

(1,050)

150

-  

(45)

150

Charge-offs

-  

-  

-  

-  

-  

-  

-  

-  

Recoveries

-  

19

-  

-  

-  

10

-  

29

Ending balance

$

4,727

$

3,717

$

972

$

3,984

$

1,894

$

282

$

111

$

15,687

The following table presents the activity in the ALLL by portfolio segment for the three and nine months ended September 30, 2021:

Three months ended September 30, 2021 (unaudited)

Real Estate

Consumer

Commercial

Single-family

Multi-family

Commercial

Construction

Home Equity lines of credit

Other

Total

Beginning balance

$

3,377

$

2,431

$

777

$

6,834

$

1,679

$

236

$

161

$

15,495

Addition to (reduction in) provision for loan losses

200

365

150

(550)

(200)

25

10

-  

Charge-offs

-  

(17)

-  

-  

-  

-  

-  

(17)

Recoveries

-  

4

-  

-  

-  

5

-  

9

Ending balance

$

3,577

$

2,783

$

927

$

6,284

$

1,479

$

266

$

171

$

15,487


‎

Nine months ended September 30, 2021 (unaudited)

Real Estate

Consumer

Commercial

Single-family

Multi-family

Commercial

Construction

Home Equity lines of credit

Other

Total

Beginning balance

$

3,426

$

1,299

$

467

$

9,184

$

2,254

$

276

$

116

$

17,022

Addition to (reduction in) provision for loan losses

95

1,490

460

(2,900)

(775)

(25)

55

(1,600)

Charge-offs

-  

(17)

-  

-  

-  

-  

-  

(17)

Recoveries

56

11

-  

-  

-  

15

-  

82

Ending balance

$

3,577

$

2,783

$

927

$

6,284

$

1,479

$

266

$

171

$

15,487
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 and leases by portfolio segment and based on the impairment method as of September 30, 2022 (unaudited):

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

$

-  

$

-  

$

-  

$

-  

$

-  

$

-  

$

-  

$

-  

Collectively evaluated for impairment

4,727 

3,717 

972 

3,984 

1,894 

282 

111 

15,687 

Total ending allowance balance

$

4,727 

$

3,717 

$

972 

$

3,984 

$

1,894 

$

282 

$

111 

$

15,687 

Loans:

Individually evaluated for impairment

$

107 

$

96 

$

-  

$

-  

$

-  

$

-  

$

-  

$

203 

Collectively evaluated for impairment

415,046 

439,421 

97,666 

375,833 

129,936 

29,576 

1,889 

1,489,367 

Total ending loan balance

$

415,153 

$

439,517 

$

97,666 

$

375,833 

$

129,936 

$

29,576 

$

1,889 

$

1,489,570 

The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on the impairment method as of December 31, 2021:

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

$

-  

$

-  

$

-  

$

20 

$

-  

$

-  

$

-  

$

20 

Collectively evaluated for impairment

4,127 

3,348 

827 

5,014 

1,744 

272 

156 

15,488 

Total ending allowance balance

$

4,127 

$

3,348 

$

827 

$

5,034 

$

1,744 

$

272 

$

156 

$

15,508 

Loans:

Individually evaluated for impairment

$

221 

$

99 

$

-  

$

2,658 

$

-  

$

-  

$

-  

$

2,978 

Collectively evaluated for impairment

336,660 

346,698 

76,785 

356,904 

83,360 

24,228 

2,044 

1,226,679 

Total ending loan balance

$

336,881 

$

346,797 

$

76,785 

$

359,562 

$

83,360 

$

24,228 

$

2,044 

$

1,229,657 
Individually Evaluated For Impairment By Class Of Loans The following table presents loans individually evaluated for impairment by class of loans as of September 30, 2022. 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, and deferred loan fees and costs. The table also presents the average recorded investment and accrual basis interest income recognized during the three and nine months ended September 30, 2022. Cash payments of interest on these loans during the three and nine months ended September 30, 2022 totaled $5 and $46, respectively.

Three months ended

Nine months ended

As of September 30, 2022

September 30, 2022

September 30, 2022

(unaudited)

(unaudited)

(unaudited)

Unpaid Principal Balance

Recorded Investment

ALLL Allocated

Average Recorded Investment

Interest Income Recognized

Average Recorded Investment

Interest Income Recognized

With no related allowance recorded:

Real estate:

Commercial:

Owner occupied

$

-  

$

-  

$

-  

$

-  

$

-  

$

-  

$

-  

Total with no allowance recorded

-  

-  

-  

-  

-  

-  

-  

With an allowance recorded:

Commercial (1)

371 

107 

-  

112 

-  

134 

1 

Real estate:

Single-family residential (1)

96 

96 

-  

97 

1 

98 

4 

Commercial:

Non-owner occupied

-  

-  

-  

-  

-  

466 

17 

Total with an allowance recorded

467 

203 

-  

209 

1 

698 

22 

Total

$

467 

$

203 

$

-  

$

209 

$

1 

$

698 

$

22 

(1)Allowance recorded in an amount less than $1 has been rounded down to zero.

The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2021. 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, and deferred loan fees and costs. The table also presents the average recorded investment and accrual basis interest income recognized during the three and nine months ended September 30, 2021. Cash payments of interest during the three and nine months ended September 30, 2021 totaled $38 and $127, respectively.

Three months ended

Nine months ended

As of December 31, 2021

September 30, 2021

September 30, 2021

(unaudited)

(unaudited)

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:

Owner occupied

$

-  

$

-  

$

-  

$

-  

$

-  

$

-  

$

-  

Total with no allowance recorded

-  

-  

-  

-  

-  

-  

-  

With an allowance recorded:

Commercial (1)

485 

221 

-  

235 

2 

247 

7 

Real estate:

Single-family residential (1)

99 

99 

-  

101 

2 

102 

4 

Commercial:

Non-owner occupied

2,658 

2,658 

20 

2,682 

37 

2,695 

112 

Total with an allowance recorded

3,242 

2,978 

20 

3,018 

41 

3,044 

123 

Total

$

3,242 

$

2,978 

$

20 

$

3,018 

$

41 

$

3,044 

$

123 
Recorded Investment In Nonaccrual Loans By Class Of Loans

September 30, 2022

December 31, 2021

(unaudited)

Loans past due over 90 days still on accrual

$

-  

$

-  

Nonaccrual loans:

Commercial

206

147

Real estate:

Single-family residential

645

656

Consumer:

Home equity lines of credit:

Originated for portfolio

153

153

Purchased for portfolio

-  

41

Total nonaccrual

1,004

997

Total nonaccrual and nonperforming loans

$

1,004

$

997
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 and leases by class of loans as of September 30, 2022 (unaudited):

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

$

9

$

156

$

99

$

264

$

414,889

$

107

Real estate:

Single-family residential

-  

-  

563

563

438,954

82

Multi-family residential

-  

-  

-  

-  

97,666

-  

Commercial:

Non-owner occupied

-  

-  

-  

-  

182,625

-  

Owner occupied

-  

-  

-  

-  

160,459

-  

Land

-  

-  

-  

-  

32,749

-  

Construction

-  

-  

-  

-  

129,936

-  

Consumer:

Home equity lines of credit:

Originated for portfolio

334

-  

153

487

29,089

-  

Purchased for portfolio

-  

-  

-  

-  

-  

-  

Other

-  

-  

-  

-  

1,889

-  

Total

$

343

$

156

$

815

$

1,314

$

1,488,256

$

189


‎

The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2021:

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

$

-  

$

-  

$

-  

$

-  

$

336,881

$

147

Real estate:

Single-family residential

2,144

652

563

3,359

343,438

93

Multi-family residential

-  

-  

-  

-  

76,785

-  

Commercial:

Non-owner occupied

-  

-  

-  

-  

185,130

-  

Owner occupied

-  

-  

-  

-  

134,352

-  

Land

-  

-  

-  

-  

40,080

-  

Construction

-  

-  

-  

-  

83,360

-  

Consumer:

Home equity lines of credit:

Originated for portfolio

2

-  

153

155

23,909

-  

Purchased for portfolio

-  

-  

41

41

123

-  

Other

-  

-  

-  

-  

2,044

-  

Total

$

2,146

$

652

$

757

$

3,555

$

1,226,102

$

240
Nonaccrual Loans As Troubled Debt Restructuring

September 30, 2022

December 31, 2021

(unaudited)

Commercial

$

107

$

147

Total

$

107

$

147
Recorded Investment In Loans By Risk Category And Class Of Loans

The recorded investment in loans and leases by risk category and by class of loans and leases as of September 30, 2022 and based on the most recent analysis performed follows.

(unaudited)

Not Rated

Pass

Special Mention

Substandard

Doubtful

Total

Commercial

$

-  

$

414,791

$

156

$

99

$

107

$

415,153

Real estate:

Single-family residential

438,872

-  

-  

645

-  

439,517

Multi-family residential

-  

97,666

-  

-  

-  

97,666

Commercial:

Non-owner occupied

-  

182,625

-  

-  

-  

182,625

Owner occupied

-  

158,747

1,712

-  

-  

160,459

Land

-  

32,749

-  

-  

-  

32,749

Construction

2,038

127,375

523

-  

-  

129,936

Consumer:

Home equity lines of credit:

Originated for portfolio

29,423

-  

-  

153

-  

29,576

Purchased for portfolio

-  

-  

-  

-  

-  

-  

Other

1,889

-  

-  

-  

-  

1,889

$

472,222

$

1,013,953

$

2,391

$

897

$

107

$

1,489,570

The recorded investment in loans and leases by risk category and by class of loans and leases as of December 31, 2021 follows.

Not Rated

Pass

Special Mention

Substandard

Doubtful

Total

Commercial

$

-  

$

336,660

$

-  

$

74

$

147

$

336,881

Real estate:

Single-family residential

346,141

-  

-  

656

-  

346,797

Multi-family residential

-  

76,785

-  

-  

-  

76,785

Commercial:

Non-owner occupied

-  

182,472

-  

2,658

-  

185,130

Owner occupied

-  

132,470

1,882

-  

-  

134,352

Land

-  

40,080

-  

-  

-  

40,080

Construction

-  

82,825

535

-  

-  

83,360

Consumer:

Home equity lines of credit:

Originated for portfolio

23,911

-  

-  

153

-  

24,064

Purchased for portfolio

123

-  

-  

41

-  

164

Other

2,044

-  

-  

-  

-  

2,044

$

372,219

$

851,292

$

2,417

$

3,582

$

147

$

1,229,657
Components Of Net Investment In Direct Financing Leases

September 30, 2022

December 31, 2021

(unaudited)

Total minimum lease payments to be received

$

24,548

$

25,488

Less: Unearned income

(2,015)

(2,385)

Plus: Indirect initial costs

38

54

Net investment in direct financing leases

$

22,571

$

23,157
Summary Of Future Minimum Lease Payments Receivable

2022, excluding the nine months ended September 30, 2022

$

1,869

2023

6,809

2024

6,420

2025

5,620

2026

2,928

Thereafter

902

Total future minimum payments

$

24,548