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Note 5 - Loans Receivable and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2018

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(In thousands)		September 30, 2018				December 31, 2017
Loan portfolio segment:
Commercial Real Estate		$	276,100				299,925
Residential Real Estate			155,077				146,377
Commercial and Industrial			174,480				131,161
Consumer and Other			97,463				87,707
Construction			45,476				47,619
Construction to Permanent - CRE			14,658				6,858
Loans receivable, gross			763,254				719,647
Allowance for loan losses			(6,605	)			(6,297	)
Loans receivable, net		$	756,649				713,350

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]

(In thousands)		Acquisition Date
Contractually required principal and interest at acquisition		$	5,816
Contractual cash flows not expected to be collected (nonaccretable discount)			(2,064	)
Expected cash flows at acquisition			3,752
Interest component of expected cash flows (accretable discount)			(1,316	)
Fair value of acquired loans		$	2,436

Allowance for Credit Losses on Financing Receivables [Table Text Block]

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
Three months ended September 30, 2018
Allowance for loan losses:
June 30, 2018		$	2,305				1,096				1,996				523				499				80				26				6,525
Charge-offs			-				(2	)			-				(3	)			-				-				-				(5	)
Recoveries			24				11				-				-				-				-				-				35
Provisions (credits)			(566	)			(240	)			245				150				181				20				260				50
September 30, 2018		$	1,763				865				2,241				670				680				100				286				6,605
Three months ended September 30, 2017
Allowance for loan losses:
June 30, 2017		$	2,218				1,041				1,453				593				490				73				76				5,944
Charge-offs			-				-				(265	)			(10	)			-				-				-				(275	)
Recoveries			6				-				-				2				-				-				-				8
Provisions (credits)			(52	)			4				685				(327	)			293				(27	)			(31	)			545
September 30, 2017		$	2,172				1,045				1,873				258				783				46				45				6,222

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
Nine months ended September 30, 2018
Allowance for loan losses:
December 31, 2017		$	2,212				959				2,023				568				481				54				-				6,297
Charge-offs			-				(2	)			-				(17	)			-				-				-				(19	)
Recoveries			30				12				-				-				-				-				-				42
Provisions (credits)			(479	)			(104	)			218				119				199				46				286				285
September 30, 2018		$	1,763				865				2,241				670				680				100				286				6,605
Nine months ended September 30, 2017
Allowance for loan losses:
December 31, 2016		$	1,853				534				740				641				712				69				126				4,675
Charge-offs			-				-				(265	)			(23	)			-				-				-				(288	)
Recoveries			8				-				2,769				2				-				-				-				2,779
Provisions (credits)			311				511				(1,371	)			(362	)			71				(23	)			(81	)			(944	)
September 30, 2017		$	2,172				1,045				1,873				258				783				46				45				6,222

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
September 30, 2018
Allowance for loan losses:
Individually evaluated for impairment		$	-				-				48				7				-				-				-				55
Collectively evaluated for impairment			1,763				865				2,193				663				680				100				286				6,550
Total allowance for loan losses		$	1,763				865				2,241				670				680				100				286				6,605
Loans receivable, gross:
Individually evaluated for impairment		$	3,989				3,521				1,028				789				-				-				-				9,327
PCI loans individually evaluated for impairment			-				-				901				-				-				-				-				901
Collectively evaluated for impairment			272,111				151,556				172,551				96,674				45,476				14,658				-				753,026
Total loans receivable, gross		$	276,100				155,077				174,480				97,463				45,476				14,658				-				763,254

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
December 31, 2017
Allowance for loan losses:
Individually evaluated for impairment		$	-				-				251				2				-				-				-				253
Collectively evaluated for impairment			2,212				959				1,772				566				481				54				-				6,044
Total allowance for loan losses		$	2,212				959				2,023				568				481				54				-				6,297
Loans receivable, gross:
Individually evaluated for impairment		$	1,977				3,336				748				692				-				-				-				6,753
Collectively evaluated for impairment			297,948				143,041				130,413				87,015				47,619				6,858				-				712,894
Total loans receivable, gross		$	299,925				146,377				131,161				87,707				47,619				6,858				-				719,647

Past Due Financing Receivables [Table Text Block]

(In thousands)		Performing (Accruing) Loans
As of September 30, 2018:		30 - 59 Days Past Due				60 - 89 Days Past Due				90 Days or Greater Past Due				Total				Current				Total Performing Loans				Non-accruing Loans				Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass		$	1,919				516				670				3,105				264,496				267,601				-				267,601
Special mention			-				-				-				-				2,311				2,311				-				2,311
Substandard			-				-				-				-				4,115				4,115				2,073				6,188
			1,919				516				670				3,105				270,922				274,027				2,073				276,100
Residential Real Estate:
Pass			1,055				-				-				1,055				149,295				150,350				-				150,350
Substandard			-				-				1,504				1,504				-				1,504				3,223				4,727
			1,055				-				1,504				2,559				149,295				151,854				3,223				155,077
Commercial and Industrial:
Pass			888				480				2,100				3,468				162,762				166,230				-				166,230
Special mention			250				-				2,374				2,624				3,048				5,672				-				5,672
Substandard			-				-				-				-				1,494				1,494				1,084				2,578
			1,138				480				4,474				6,092				167,304				173,396				1,084				174,480
Consumer and Other:
Pass			24				30				6				60				97,304				97,364				-				97,364
Substandard			-				-				-				-				-				-				99				99
			24				30				6				60				97,304				97,364				99				97,463
Construction:
Pass			1,152				-				2,922				4,074				32,602				36,676				-				36,676
Substandard			-				-				8,800				8,800				-				8,800				-				8,800
			1,152				-				11,722				12,874				32,602				45,476				-				45,476
Construction to Permanent - CRE:
Pass			-				-				-				-				14,658				14,658				-				14,658
Total		$	5,288				1,026				18,376				24,690				732,085				756,775				6,479				763,254
Loans receivable, gross:
Pass		$	5,038				1,026				5,698				11,762				721,117				732,879				-				732,879
Special mention			250				-				2,374				2,624				5,359				7,983				-				7,983
Substandard			-				-				10,304				10,304				5,609				15,913				6,479				22,392
Loans receivable, gross		$	5,288				1,026				18,376				24,690				732,085				756,775				6,479				763,254

(In thousands)		Performing (Accruing) Loans
As of December 31, 2017:		30 - 59 Days Past Due				60 - 89 Days Past Due				90 Days or Greater Past Due				Total				Current				Total Performing Loans				Non-accruing Loans				Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass		$	-				-				-				-				286,428				286,428				-				286,428
Special mention			-				1,121				-				1,121				9,317				10,438				-				10,438
Substandard			-				1,688				-				1,688				1,371				3,059				-				3,059
			-				2,809				-				2,809				297,116				299,925				-				299,925
Residential Real Estate:
Pass			1,068				255				-				1,323				140,497				141,820				-				141,820
Special mention			-				1,529				-				1,529				-				1,529				-				1,529
Substandard			-				-				-				-				-				-				3,028				3,028
			1,068				1,784				-				2,852				140,497				143,349				3,028				146,377
Commercial and Industrial:
Pass			-				2,000				375				2,375				127,057				129,432				-				129,432
Substandard			-				-				981				981				-				981				748				1,729
			-				2,000				1,356				3,356				127,057				130,413				748				131,161
Consumer and Other:
Pass			498				-				-				498				87,207				87,705				-				87,705
Substandard			-				-				-				-				-				-				2				2
			498				-				-				498				87,207				87,705				2				87,707
Construction:
Pass			-				-				-				-				47,619				47,619				-				47,619
Construction to Permanent - CRE:
Pass			-				-				-				-				6,858				6,858				-				6,858
Total		$	1,566				6,593				1,356				9,515				706,354				715,869				3,778				719,647
Loans receivable, gross:
Pass		$	1,566				2,255				375				4,196				695,666				699,862				-				699,862
Special mention			-				2,650				-				2,650				9,317				11,967				-				11,967
Substandard			-				1,688				981				2,669				1,371				4,040				3,778				7,818
Loans receivable, gross		$	1,566				6,593				1,356				9,515				706,354				715,869				3,778				719,647

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

(In thousands)		Non-accruing Loans
		30 - 59 Days Past Due				60 - 89 Days Past Due				90 Days or Greater Past Due				Total Past Due				Current				Total Non-accruing Loans
As of September 30, 2018:
Loan portfolio segment:
Commercial Real Estate
Substandard		$	-				-				2,073				2,073				-				2,073
Residential Real Estate:
Substandard			-				-				3,223				3,223				-				3,223
Commercial and Industrial:
Substandard			-				-				1,084				1,084				-				1,084
Consumer and Other
Substandard			-				-				99				99				-				99
Total non-accruing loans		$	-				-				6,479				6,479				-				6,479

(In thousands)		Non-accruing Loans
		30 - 59 Days Past Due				60 - 89 Days Past Due				90 Days or Greater Past Due				Total Past Due				Current				Total Non-accruing Loans
As of December 31, 2017:
Loan portfolio segment:
Residential Real Estate:
Substandard		$	-				-				3,028				3,028				-				3,028
Commercial and Industrial:
Substandard			-				-				748				748				-				748
Consumer and Other
Substandard			-				-				2				2				-				2
Total non-accruing loans		$	-				-				3,778				3,778				-				3,778

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(In thousands)
Loan portfolio segment:		September 30, 2018				December 31, 2017
Commercial Real Estate		$	1,916				1,977
Residential Real Estate			989				999
Total TDR Loans			2,905				2,976
Less: TDRs included in non-accrual loans			-				-
Total accrual TDR Loans		$	2,905				2,976

Impaired Financing Receivables [Table Text Block]

(In thousands)		September 30, 2018												December 31, 2017
		Recorded Investment				Principal Outstanding				Related Allowance				Recorded Investment				Principal Outstanding				Related Allowance
With no related allowance recorded:
Commercial Real Estate		$	3,989				4,481				-				1,977				2,425				-
Residential Real Estate			3,521				3,554				-				3,336				3,369				-
Commercial and Industrial			980				1,751				-				497				683				-
Consumer and Other			768				842				-				690				818				-
			9,258				10,628				-				6,500				7,295				-
With a related allowance recorded:
Commercial Real Estate			-				-				-				-				-				-
Residential Real Estate			-				-				-				-				-				-
Commercial and Industrial			48				98				48				251				251				251
Consumer and Other			21				21				7				2				2				2
			69				119				55				253				253				253
Impaired Loans, Total:
Commercial Real Estate			3,989				4,481				-				1,977				2,425				-
Residential Real Estate			3,521				3,554				-				3,336				3,369				-
Commercial and Industrial			1,028				1,849				48				748				934				251
Consumer and Other			789				863				7				692				820				2
Impaired Loans, Total		$	9,327				10,747				55				6,753				7,548				253

(In thousands)		Three Months Ended September 30,
		2018								2017
		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate		$	4,062				21				6,111				10
Residential Real Estate			3,523				3				1,903				-
Commercial and Industrial			1,018				-				37				-
Consumer and Other			771				8				584				-
			9,374				32				8,635				10
With a related allowance recorded:
Commercial Real Estate			-				-				-				-
Residential Real Estate			-				-				-				-
Commercial and Industrial			45				-				245				-
Consumer and Other			5				-				-				-
			50				-				245				-
Impaired Loans, Total:
Commercial Real Estate			4,062				21				6,111				10
Residential Real Estate			3,523				3				1,903				-
Commercial and Industrial			1,063				-				282				-
Consumer and Other			776				8				584				-
Impaired Loans, Total		$	9,424				32				8,880				10

(In thousands)		Nine Months Ended September 30,
		2018								2017
		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate		$	3,157				70				6,173				159
Residential Real Estate			3,451				8				1,907				5
Commercial and Industrial			948				-				46				-
Consumer and Other			739				23				558				10
			8,295				101				8,684				174
With a related allowance recorded:
Commercial Real Estate			-				-				-				-
Residential Real Estate			-				-				-				-
Commercial and Industrial			185				-				237				-
Consumer and Other			4				-				-				-
			189				-				237				-
Impaired Loans, Total:
Commercial Real Estate			3,157				70				6,173				159
Residential Real Estate			3,451				8				1,907				5
Commercial and Industrial			1,133				-				283				-
Consumer and Other			743				23				558				10
Impaired Loans, Total		$	8,484				101				8,921				174

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