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Note 4 - Loans Receivable and Allowance for Loan and Lease Losses (Tables)

9 Months Ended

Sep. 30, 2020

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

	September 30,			December 31,
(In thousands)	2020			2019
Loan portfolio segment:
Commercial Real Estate	$	292,067		$	314,414
Residential Real Estate		162,976			175,489
Commercial and Industrial		147,248			173,875
Consumer and Other		73,127			85,934
Construction		61,534			48,388
Construction to Permanent - CRE		14,346			14,064
Loans receivable, gross		751,298			812,164
Allowance for loan and lease losses		(11,171	)		(10,115	)
Loans receivable, net	$	740,127		$	802,049

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Table Text Block]

(In thousands)	Three Months Ended September 30,					Nine Months Ended September 30,
	2020		2019			2020			2019
Accretable discount, beginning of period	$	-	$	(201	)	$	(47	)	$	(792	)
Accretion		-		9			2			43
Other changes, net		-		141			45			698
Accretable discount, end of period	$	-	$	(51	)	$	-		$	(51	)

Financing Receivable, Allowance for Credit Loss [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, 2020
Allowance for loan and lease losses:
June 30, 2020	$	4,274		$	1,910		$	3,526		$	534		$	666		$	149	$	89		$	11,148
Charge-offs		(35	)		-			(34	)		(6	)		-			-		-			(75	)
Recoveries		-			1			11			1			-			-		-			13
Provisions (credits)		158			(374	)		(33	)		11			152			40		131			85
September 30, 2020	$	4,397		$	1,537		$	3,470		$	540		$	818		$	189	$	220		$	11,171

Three months ended September 30, 2019
Allowance for loan and lease losses:
June 30, 2019	$	1,978		$	936		$	4,208		$	664		$	467		$	105	$	100		$	8,458
Charge-offs		-			(105	)		(74	)		(103	)		-			-		-			(282	)
Recoveries		-			9			117			3			-			-		-			129
Provisions (credits)		111			125			104			(196	)		(19	)		10		(35	)		100
September 30, 2019	$	2,089		$	965		$	4,355		$	368		$	448		$	115	$	65		$	8,405

(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, 2020
Allowance for loan and lease losses:
December 31, 2019	$	3,789		$	1,038		$	4,340		$	341		$	477	$	130	$	-	$	10,115
Charge-offs		(400	)		(13	)		(352	)		(45	)		-		-		-		(810	)
Recoveries		-			1			62			4			-		-		-		67
Provisions (credits)		1,008			511			(580	)		240			341		59		220		1,799
September 30, 2020	$	4,397		$	1,537		$	3,470		$	540		$	818	$	189	$	220	$	11,171

Nine months ended September 30, 2019
Allowance for loan and lease losses:
December 31, 2018	$	1,866		$	1,059		$	3,558		$	641		$	350	$	108	$	27	$	7,609
Charge-offs		-			(117	)		(2,366	)		(106	)		-		-		-		(2,589	)
Recoveries		2			9			164			8			-		-		-		183
Provisions (credits)		221			14			2,999			(175	)		98		7		38		3,202
September 30, 2019	$	2,089		$	965		$	4,355		$	368		$	448	$	115	$	65	$	8,405

(In thousands)	Commercial Real Estate		Residential Real Estate		Commercial and Industrial		Consumer and Other		Construction		Construction to Permanent - CRE		Unallocated		Total
September 30, 2020
Allowance for loan and lease losses:
Individually evaluated for impairment	$	1,552	$	5	$	-	$	11	$	-	$	-	$	-	$	1,568
Collectively evaluated for impairment		2,845		1,532		3,470		529		818		189		220		9,603
Total allowance for loan and lease losses	$	4,397	$	1,537	$	3,470	$	540	$	818	$	189	$	220	$	11,171

Loans receivable, gross:
Individually evaluated for impairment	$	15,521	$	3,674	$	1,706	$	1,264	$	-	$	-	$	-	$	22,165
Collectively evaluated for impairment		276,546		159,302		145,542		71,863		61,534		14,346		-		729,133
Total loans receivable, gross	$	292,067	$	162,976	$	147,248	$	73,127	$	61,534	$	14,346	$	-	$	751,298

(In thousands)	Commercial Real Estate		Residential Real Estate		Commercial and Industrial		Consumer and Other		Construction		Construction to Permanent - CRE		Unallocated		Total
December 31, 2019
Allowance for loan and lease losses:
Individually evaluated for impairment	$	1,496	$	-	$	-	$	-	$	-	$	-	$	-	$	1,496
Collectively evaluated for impairment		2,293		1,038		4,340		341		477		130		-		8,619
Total allowance for loan losses	$	3,789	$	1,038	$	4,340	$	341	$	477	$	130	$	-	$	10,115

Loans receivable, gross:
Individually evaluated for impairment	$	13,034	$	3,621	$	2,057	$	916	$	-	$	-	$	-	$	19,628
PCI loans individually evaluated for impairment		-		-		176		-		-		-		-		176
Collectively evaluated for impairment		301,380		171,868		171,642		85,018		48,388		14,064		-		792,360
Total loans receivable, gross	$	314,414	$	175,489	$	173,875	$	85,934	$	48,388	$	14,064	$	-	$	812,164

Financing Receivable, Past Due [Table Text Block]

(In thousands)	Performing (Accruing) Loans
As of September 30, 2020:	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Performing Loans		Non- accruing Loans		Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass	$	903	$	-	$	-	$	903	$	264,594	$	265,497	$	-	$	265,497
Substandard		1,430		-		-		1,430		10,693		12,123		14,447		26,570
		2,333		-		-		2,333		275,287		277,620		14,447		292,067
Residential Real Estate:
Pass		2,283		-		679		2,962		156,472		159,434		-		159,434
Substandard		-		-		-		-		250		250		3,292		3,542
		2,283		-		679		2,962		156,722		159,684		3,292		162,976
Commercial and Industrial:
Pass		-		200		-		200		112,236		112,436		-		112,436
Special mention		-		-		-		-		7,437		7,437		-		7,437
Substandard		702		-		-		702		24,967		25,669		1,706		27,375
		702		200		-		902		144,640		145,542		1,706		147,248
Consumer and Other:
Pass		30		1		-		31		71,980		72,011		-		72,011
Substandard		97		-		-		97		24		121		995		1,116
		127		1		-		128		72,004		72,132		995		73,127
Construction:
Pass		-		-		-		-		61,534		61,534		-		61,534
		-		-		-		-		61,534		61,534		-		61,534
Construction to Permanent - CRE:
Pass		-		-		-		-		14,346		14,346		-		14,346
		-		-		-		-		14,346		14,346		-		14,346

Total	$	5,445	$	201	$	679	$	6,325	$	724,533	$	730,858	$	20,440	$	751,298

Loans receivable, gross:
Pass	$	3,216	$	201	$	679	$	4,096	$	681,162	$	685,258	$	-	$	685,258
Special mention		-		-		-		-		7,437		7,437		-		7,437
Substandard		2,229		-		-		2,229		35,934		38,163		20,440		58,603

Loans receivable, gross	$	5,445	$	201	$	679	$	6,325	$	724,533	$	730,858	$	20,440	$	751,298

(In thousands)	Performing (Accruing) Loans
As of December 31, 2019:	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Performing Loans		Non- accruing Loans		Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass	$	-	$	-	$	-	$	-	$	295,982	$	295,982	$	-	$	295,982
Special mention		-		-		-		-		385		385		-		385
Substandard		-		-		-		-		6,086		6,086		11,961		18,047
		-		-		-		-		302,453		302,453		11,961		314,414
Residential Real Estate:
Pass		658		-		-		658		169,903		170,561		-		170,561
Substandard		-		-		-		-		1,700		1,700		3,228		4,928
		658		-		-		658		171,603		172,261		3,228		175,489
Commercial and Industrial:
Pass		327		350		-		677		162,711		163,388		-		163,388
Special mention		279		-		-		279		172		451		-		451
Substandard		-		-		-		-		7,942		7,942		2,094		10,036
		606		350		-		956		170,825		171,781		2,094		173,875
Consumer and Other:
Pass		2,805		3		19		2,827		82,341		85,168		-		85,168
Substandard		-		-		-		-		-		-		766		766
		2,805		3		19		2,827		82,341		85,168		766		85,934
Construction:
Pass		-		-		-		-		48,388		48,388		-		48,388
		-		-		-		-		48,388		48,388		-		48,388
Construction to Permanent - CRE:
Pass		-		-		-		-		14,064		14,064		-		14,064
		-		-		-		-		14,064		14,064		-		14,064

Total	$	4,069	$	353	$	19	$	4,441	$	789,674	$	794,115	$	18,049	$	812,164

Loans receivable, gross:
Pass	$	3,790	$	353	$	19	$	4,162	$	773,389	$	777,551	$	-	$	777,551
Special mention		279		-		-		279		557		836		-		836
Substandard		-		-		-		-		15,728		15,728		18,049		33,777

Loans receivable, gross	$	4,069	$	353	$	19	$	4,441	$	789,674	$	794,115	$	18,049	$	812,164

Financing Receivable, Nonaccrual [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, 2020:
Loan portfolio segment:
Commercial Real Estate:
Substandard	$	-	$	-	$	5,636	$	5,636	$	8,811	$	14,447
Residential Real Estate:
Substandard		-		-		1,585		1,585		1,707		3,292
Commercial and Industrial:
Substandard		-		-		1,706		1,706		-		1,706
Consumer and Other:
Substandard		-		-		104		104		891		995
Total non-accruing loans	$	-	$	-	$	9,031	$	9,031	$	11,409	$	20,440

As of December 31, 2019:
Loan portfolio segment:
Commercial Real Estate:
Substandard	$	-	$	-	$	1,636	$	1,636	$	10,325	$	11,961
Residential Real Estate:
Substandard		-		-		1,872		1,872		1,356		3,228
Commercial and Industrial:
Substandard		-		-		1,724		1,724		370		2,094
Consumer and Other:
Substandard		-		-		149		149		617		766
Total non-accruing loans	$	-	$	-	$	5,381	$	5,381	$	12,668	$	18,049

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

(In thousands)	September 30, 2020					December 31, 2019
Loan portfolio segment:	Number of Loans		Recorded Investment			Number of Loans		Recorded Investment
Commercial Real Estate		2	$	9,884			2	$	9,873
Residential Real Estate		3		437			2		393
Consumer and Other		4		787			2		687
Total TDR Loans		9		11,108			6		10,953
Less:
TDRs included in non-accrual loans		3		(9,384	)		2		(9,337	)
Total accrual TDR Loans		6	$	1,724			4	$	1,616

					Outstanding Recorded Investment
(In thousands)	Number of Loans				Pre-Modification				Post-Modification
Nine Months Ended September 30,	2020		2019		2020		2019		2020		2019
Loan portfolio segment:
Commercial Real Estate		1		2	$	57	$	8,912	$	56	$	8,911
Consumer and Other		2		-		121		-		121		-

Total TDR Loans		3		2	$	178	$	8,912	$	177	$	8,911

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2020		2019		2020		2019

Rate reduction	$	-	$	-	$	56	$	111
Extension of interest only period		-		-		121		-
Maturity and rate reduction		-		-		-		8,800
Total	$	-	$	-	$	177	$	8,911

Impaired Financing Receivables [Table Text Block]

(In thousands)	September 30, 2020						December 31, 2019
	Recorded Investment		Principal Outstanding		Related Allowance		Recorded Investment		Principal Outstanding		Related Allowance
With no related allowance recorded:
Commercial Real Estate	$	6,710	$	7,116	$	-	$	4,234	$	4,309	$	-
Residential Real Estate		3,565		3,634		-		3,621		3,623		-
Commercial and Industrial		1,706		1,840		-		2,057		2,060		-
Consumer and Other		1,115		1,265		-		916		1,000		-
		13,096		13,855		-		10,828		10,992		-
With a related allowance recorded:
Commercial Real Estate	$	8,811	$	8,811	$	1,552		8,800		8,800		1,496
Residential Real Estate		109		109		5		-		-		-
Consumer and Other		149		149		11		-		-		-
		9,069		9,069		1,568		8,800		8,800		1,496

Impaired Loans, Total:
Commercial Real Estate		15,521		15,927		1,552		13,034		13,109		1,496
Residential Real Estate		3,674		3,743		5		3,621		3,623		-
Commercial and Industrial		1,706		1,840		-		2,057		2,060		-
Consumer and Other		1,264		1,414		11		916		1,000		-
Impaired Loans, Total	$	22,165	$	22,924	$	1,568	$	19,628	$	19,792	$	1,496

	Three Months Ended September 30,								Nine Months Ended September 30,
(In thousands)	2020				2019				2020				2019
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate	$	6,975	$	13	$	13,579	$	164	$	5,702	$	39	$	9,654	$	324
Residential Real Estate		3,641		12		3,696		37		3,603		45		2,202		28
Commercial and Industrial		1,716		2		2,656		39		1,936		4		1,684		99
Consumer and Other		1,321		10		978		12		1,101		26		897		108
Construction		-		-		-		-		-		-		5,280		150
		13,653		37		20,909		252		12,342		114		19,717		709
With a related allowance recorded:
Commercial Real Estate		8,975		-		-		-		8,876		35		275		-
Residential Real Estate		55		1		-		-		33		4		1,237		-
Commercial and Industrial		-		-		-		-		-		-		2,228		-
Consumer and Other		74		1		-		-		50		4		23		-
		9,104		2		-		-		8,959		43		3,763		-
Impaired Loans, Total:
Commercial Real Estate		15,950		13		13,579		164		14,578		74		9,929		324
Residential Real Estate		3,696		13		3,696		37		3,636		49		3,439		28
Commercial and Industrial		1,716		2		2,656		39		1,936		4		3,912		99
Consumer and Other		1,395		11		978		12		1,151		30		920		108
Construction		-		-		-		-		-		-		5,280		150
Impaired Loans, Total	$	22,757	$	39	$	20,909	$	252	$	21,301	$	157	$	23,480	$	709