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

6 Months Ended

Jun. 30, 2021

Notes Tables

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

		June 30,				December 31,
(In thousands)		2021				2020
Loan portfolio segment:
Commercial Real Estate		$	272,854			$	282,378
Residential Real Estate			158,088				153,851
Commercial and Industrial			123,113				144,297
Consumer and Other			51,386				67,635
Construction			46,879				66,984
Construction to Permanent - CRE			18,576				15,035
Loans receivable, gross			670,896				730,180
Allowance for loan and lease losses			(10,362	)			(10,584	)
Loans receivable, net		$	660,534			$	719,596

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 June 30, 2021
Allowance for loan and lease losses:
March 31, 2021		$	4,154			$	1,909			$	3,624			$	382			$	280			$	77			$	-			$	10,426
Charge-offs			(9	)			-				-				(2	)			(69	)			-				-				(80	)
Recoveries			-				-				12				4				-				-				-				16
Provisions (credits)			(66	)			94				(424	)			7				158				67				164				-
June 30, 2021		$	4,079			$	2,003			$	3,212			$	391			$	369			$	144			$	164			$	10,362
Three months ended June 30, 2020
Allowance for loan and lease losses:
March 31, 2020		$	4,150			$	1,120			$	4,390			$	534			$	603			$	119			$	-			$	10,916
Charge-offs			-				(12	)			(679	)			-				-				-				-				(691	)
Recoveries			-				-				11				2				-				-				-				13
Provisions (credits)			124				802				(196	)			(2	)			63				30				89				910
June 30, 2020		$	4,274			$	1,910			$	3,526			$	534			$	666			$	149			$	89			$	11,148

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
Six months ended June 30, 2021
Allowance for loan and lease losses:
December 31, 2020		$	4,485			$	1,379			$	3,284			$	295			$	739			$	162			$	240			$	10,584
Charge-offs			(51	)			(3	)			(209	)			(20	)			(69	)			-				-				(352	)
Recoveries			-				-				24				106				-				-				-				130
Provisions (credits)			(355	)			627				113				10				(301	)			(18	)			(76	)			-
June 30, 2021		$	4,079			$	2,003			$	3,212			$	391			$	369			$	144			$	164			$	10,362
Six months ended June 30, 2020
Allowance for loan and lease losses:
December 31, 2019		$	3,789			$	1,038			$	4,340			$	341			$	477			$	130			$	-			$	10,115
Charge-offs			-				(13	)			(683	)			(39	)			-				-				-				(735	)
Recoveries			-				-				51				3				-				-				-				54
Provisions (credits)			485				885				(182	)			229				189				19				89				1,714
June 30, 2020		$	4,274			$	1,910			$	3,526			$	534			$	666			$	149			$	89			$	11,148

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
June 30, 2021
Allowance for loan and lease losses:
Individually evaluated for impairment		$	1,252			$	5			$	396			$	-			$	-			$	-			$	-			$	1,653
Collectively evaluated for impairment			2,827				1,998				2,816				391				369				144				164				8,709
Total allowance for loan and lease losses		$	4,079			$	2,003			$	3,212			$	391			$	369			$	144			$	164			$	10,362
Loans receivable, gross:
Individually evaluated for impairment		$	16,964			$	4,200			$	6,406			$	527			$	-			$	-			$	-			$	28,097
Collectively evaluated for impairment			255,890				153,888				116,707				50,859				46,879				18,576				-				642,799
Total loans receivable, gross		$	272,854			$	158,088			$	123,113			$	51,386			$	46,879			$	18,576			$	-			$	670,896

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
December 31, 2020
Allowance for loan and lease losses:
Individually evaluated for impairment		$	1,398			$	4			$	-			$	10			$	-			$	-			$	-			$	1,412
Collectively evaluated for impairment			3,087				1,375				3,284				285				739				162				240				9,172
Total allowance for loan losses		$	4,485			$	1,379			$	3,284			$	295			$	739			$	162			$	240			$	10,584
Loans receivable, gross:
Individually evaluated for impairment		$	14,534			$	3,962			$	4,700			$	1,187			$	-			$	-			$	-			$	24,383
Collectively evaluated for impairment			267,844				149,889				139,597				66,448				66,984				15,035				-				705,797
Total loans receivable, gross		$	282,378			$	153,851			$	144,297			$	67,635			$	66,984			$	15,035			$	-			$	730,180

Financing Receivable, Past Due [Table Text Block]

(In thousands)		Performing (Accruing) Loans
As of June 30, 2021:		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		$	150			$	447			$	-			$	597			$	224,736			$	225,333			$	-			$	225,333
Special mention			-				-				-				-				18,659				18,659				-				18,659
Substandard			-				506				-				506				11,392				11,898				16,964				28,862
			150				953				-				1,103				254,787				255,890				16,964				272,854
Residential Real Estate:
Pass		$	637			$	-			$	605				1,242			$	148,684				149,926				-				149,926
Special mention			-				-				-				-				3,804				3,804				-				3,804
Substandard			-				-				-				-				-				-				4,358				4,358
			637				-				605				1,242				152,488				153,730				4,358				158,088
Commercial and Industrial:
Pass		$	198			$	-			$	-				198			$	88,587				88,785				-				88,785
Special mention			-				-				-				-				6,749				6,749				-				6,749
Substandard			930				4,531				-				5,461				18,967				24,428				3,151				27,579
			1,128				4,531				-				5,659				114,303				119,962				3,151				123,113
Consumer and Other:
Pass		$	1			$	1			$	3				5			$	51,210				51,215				-				51,215
Substandard			-				-				-				-				120				120				51				171
			1				1				3				5				51,330				51,335				51				51,386
Construction:
Pass		$	-			$	5,760			$	-				5,760			$	41,119				46,879				-				46,879
			-				5,760				-				5,760				41,119				46,879				-				46,879
Construction to Permanent - CRE:
Pass		$	-			$	-			$	-				-			$	18,576				18,576				-				18,576
			-				-				-				-				18,576				18,576				-				18,576
Total		$	1,916			$	11,245			$	608			$	13,769			$	632,603			$	646,372			$	24,524			$	670,896
Loans receivable, gross:
Pass		$	986			$	6,208			$	608			$	7,802			$	572,912			$	580,714			$	-			$	580,714
Special mention			-				-				-				-				29,212				29,212				-				29,212
Substandard			930				5,037				-				5,967				30,479				36,446				24,524				60,970
Loans receivable, gross		$	1,916			$	11,245			$	608			$	13,769			$	632,603			$	646,372			$	24,524			$	670,896

(In thousands)		Performing (Accruing) Loans
As of December 31, 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		$	-			$	-			$	-			$	-			$	230,824			$	230,824			$	-			$	230,824
Special mention			-				-				-				-				25,658				25,658				-				25,658
Substandard			354				-				9				363				10,999				11,362				14,534				25,896
			354				-				9				363				267,481				267,844				14,534				282,378
Residential Real Estate:
Pass			478				361				-				839				145,298				146,137				-				146,137
Special mention			-				-				-				-				3,860				3,860				-				3,860
Substandard			-				-				-				-				-				-				3,854				3,854
			478				361				-				839				149,158				149,997				3,854				153,851
Commercial and Industrial:
Pass			-				209				-				209				102,131				102,340				-				102,340
Special mention			-				4,000				-				4,000				8,881				12,881				-				12,881
Substandard			603				113				-				716				27,660				28,376				700				29,076
			603				4,322				-				4,925				138,672				143,597				700				144,297
Consumer and Other:
Pass			1				-				7				8				66,589				66,597				-				66,597
Substandard			-				-				-				-				121				121				917				1,038
			1				-				7				8				66,710				66,718				917				67,635
Construction:
Pass			-				2,351				-				2,351				64,633				66,984				-				66,984
			-				2,351				-				2,351				64,633				66,984				-				66,984
Construction to Permanent - CRE:
Pass			-				-				-				-				15,035				15,035				-				15,035
			-				-				-				-				15,035				15,035				-				15,035
Total		$	1,436			$	7,034			$	16			$	8,486			$	701,689			$	710,175			$	20,005			$	730,180
Loans receivable, gross:
Pass		$	479			$	2,921			$	7			$	3,407			$	624,510			$	627,917			$	-			$	627,917
Special mention			-				4,000				-				4,000				38,399				42,399				-				42,399
Substandard			957				113				9				1,079				38,780				39,859				20,005				59,864
Loans receivable, gross		$	1,436			$	7,034			$	16			$	8,486			$	701,689			$	710,175			$	20,005			$	730,180

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 June 30, 2021:
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	-			$	-			$	4,649			$	4,649			$	12,315			$	16,964
Residential Real Estate:
Substandard			-				124				2,105				2,229				2,129				4,358
Commercial and Industrial:
Substandard			509				1,231				1,359				3,099				52				3,151
Consumer and Other:
Substandard			-				-				30				30				21				51
Total non-accruing loans		$	509			$	1,355			$	8,143			$	10,007			$	14,517			$	24,524
As of December 31, 2020:
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	-			$	-			$	5,723			$	5,723			$	8,811			$	14,534
Residential Real Estate:
Substandard			-				-				2,884				2,884				970				3,854
Commercial and Industrial:
Substandard			-				-				700				700				-				700
Consumer and Other:
Substandard			22				-				91				113				804				917
Total non-accruing loans		$	22			$	-			$	9,398			$	9,420			$	10,585			$	20,005

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

(In thousands)		June 30, 2021								December 31, 2020
Loan portfolio segment:		Number of Loans				Recorded Investment				Number of Loans				Recorded Investment
Commercial Real Estate			1			$	8,811				2			$	9,884
Residential Real Estate			3				899				3				928
Commercial and Industrial			1				4,000				1				4,000
Consumer and Other			3				647				5				1,074
Total TDR Loans			8				14,357				11				15,886
Less:
TDRs included in non-accrual loans			2				(9,548	)			6				(11,508	)
Total accrual TDR Loans			6			$	4,809				5			$	4,378

(In thousands)						Outstanding Recorded Investment
Three and Six Months Ended June 30, 2020		Number of Loans				Pre-Modification				Post-Modification
Loan portfolio segment:
Commercial Real Estate			1			$	57			$	56
Consumer and Other			2				121				121
Total TDR Loans			3			$	178			$	177

Impaired Financing Receivables [Table Text Block]

(In thousands)		June 30, 2021												December 31, 2020
		Recorded Investment				Principal Outstanding				Related Allowance				Recorded Investment				Principal Outstanding				Related Allowance
With no related allowance recorded:
Commercial Real Estate		$	8,153			$	9,112			$	-			$	5,723			$	6,644			$	-
Residential Real Estate			4,092				4,196				-				3,853				3,900				-
Commercial and Industrial			4,666				4,788				-				4,700				4,816				-
Consumer and Other			527				527				-				1,177				1,332				-
			17,438				18,623				-				15,453				16,692				-
With a related allowance recorded:
Commercial Real Estate		$	8,811			$	8,811			$	1,252				8,811				8,811				1,398
Residential Real Estate			427				446				9				109				109				4
Commercial and Industrial			2,485				2,592				401				-				-				-
Consumer and Other			172				204				2				10				10				10
			11,895				12,053				1,664				8,930				8,930				1,412
Impaired Loans, Total:
Commercial Real Estate			16,964				17,923				1,252				14,534				15,455				1,398
Residential Real Estate			4,519				4,642				9				3,962				4,009				4
Commercial and Industrial			7,151				7,380				401				4,700				4,816				-
Consumer and Other			699				731				2				1,187				1,342				10
Impaired Loans, Total		$	29,333			$	30,676			$	1,664			$	24,383			$	25,622			$	1,412

		Three Months Ended June 30,																Six Months Ended June 30,
(In thousands)		2021								2020								2021								2020
		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		$	8,188			$	39			$	6,256			$	13			$	6,979			$	39			$	5,170			$	26
Residential Real Estate			4,276				16				3,565				13				4,280				29				3,585				33
Commercial and Industrial			4,741				25				1,985				2				3,608				71				2,031				2
Consumer and Other			713				1				1,152				9				854				6				1,049				17
			17,918				81				12,958				37				15,721				145				11,835				78
With a related allowance recorded:
Commercial Real Estate			8,813				-				8,866				34				8,812				-				8,841				35
Residential Real Estate			270				5				55				1				201				8				31				3
Commercial and Industrial			2,031				32				-				-				1,161				58				-				-
Consumer and Other			86				2				88				1				50				3				51				2
			11,200				39				9,009				36				10,224				69				8,923				40
Impaired Loans, Total:
Commercial Real Estate			17,001				39				15,122				47				15,791				39				14,011				61
Residential Real Estate			4,546				21				3,620				14				4,481				37				3,616				36
Commercial and Industrial			6,772				57				1,985				2				4,769				129				2,031				2
Consumer and Other			799				3				1,240				10				904				9				1,100				19
Impaired Loans, Total		$	29,118			$	120			$	21,967			$	73			$	25,945			$	214			$	20,758			$	118

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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953682-111524

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