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

9 Months Ended

Sep. 30, 2021

Notes Tables

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

		September 30,				December 31,
(In thousands)		2021				2020
Loan portfolio segment:
Commercial Real Estate		$	315,853			$	282,378
Residential Real Estate			171,800				153,851
Commercial and Industrial			119,688				144,297
Consumer and Other			53,676				67,635
Construction			41,609				66,984
Construction to Permanent - CRE			11,912				15,035
Loans receivable, gross			714,538				730,180
Allowance for loan and lease losses			(10,079	)			(10,584	)
Loans receivable, net		$	704,459			$	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 September 30, 2021
Allowance for loan and lease losses:
June 30, 2021		$	4,079			$	2,003			$	3,212			$	390			$	369			$	144			$	165			$	10,362
Charge-offs			-				-				(3	)			(3	)			-				-				-				(6	)
Recoveries			-				2				20				1				-				-				-				23
Provisions (credits)			607				130				(861	)			(53	)			(138	)			(82	)			97				(300	)
September 30, 2021		$	4,686			$	2,135			$	2,368			$	335			$	231			$	62			$	262			$	10,079
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

(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, 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	)			(212	)			(23	)			(69	)			-				-				(358	)
Recoveries			-				2				44				107				-				-				-				153
Provisions (credits)			252				757				(748	)			(44	)			(439	)			(100	)			22				(300	)
September 30, 2021		$	4,686			$	2,135			$	2,368			$	335			$	231			$	62			$	262			$	10,079
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

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
September 30, 2021
Allowance for loan and lease losses:
Individually evaluated for impairment		$	1,178			$	4			$	638			$	-			$	-			$	-			$	-			$	1,820
Collectively evaluated for impairment			3,508				2,131				1,730				335				231				62				262				8,259
Total allowance for loan and lease losses		$	4,686			$	2,135			$	2,368			$	335			$	231			$	62			$	262			$	10,079
Loans receivable, gross:
Individually evaluated for impairment		$	19,223			$	4,329			$	4,084			$	525			$	-			$	-			$	-			$	28,161
Collectively evaluated for impairment			296,630				167,471				115,604				53,151				41,609				11,912				-				686,377
Total loans receivable, gross		$	315,853			$	171,800			$	119,688			$	53,676			$	41,609			$	11,912			$	-			$	714,538

(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 September 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		$	428			$	-			$	-			$	428			$	268,177			$	268,605			$	-			$	268,605
Special mention			-				-				-				-				16,751				16,751				-				16,751
Substandard			-				-				-				-				11,274				11,274				19,223				30,497
			428				-				-				428				296,202				296,630				19,223				315,853
Residential Real Estate:
Pass		$	50			$	-			$	-				50			$	163,501				163,551				-				163,551
Special mention			-				-				-				-				3,776				3,776				-				3,776
Substandard			-				-				-				-				-				-				4,473				4,473
			50				-				-				50				167,277				167,327				4,473				171,800
Commercial and Industrial:
Pass		$	900			$	582			$	-				1,482			$	110,409				111,891				-				111,891
Special mention			-				-				-				-				1,414				1,414				-				1,414
Substandard			657				688				-				1,345				834				2,179				4,204				6,383
			1,557				1,270				-				2,827				112,657				115,484				4,204				119,688
Consumer and Other:
Pass		$	18			$	2			$	-				20			$	53,487				53,507				-				53,507
Substandard			-				-				-				-				23				23				146				169
			18				2				-				20				53,510				53,530				146				53,676
Construction:
Pass		$	-			$	-			$	-				-			$	41,609				41,609				-				41,609
			-				-				-				-				41,609				41,609				-				41,609
Construction to Permanent - CRE:
Pass		$	604			$	-			$	-				604			$	11,308				11,912				-				11,912
			604				-				-				604				11,308				11,912				-				11,912
Total		$	2,657			$	1,272			$	-			$	3,929			$	682,563			$	686,492			$	28,046			$	714,538
Loans receivable, gross:
Pass		$	2,000			$	584			$	-			$	2,584			$	648,491			$	651,075			$	-			$	651,075
Special mention			-				-				-				-				21,941				21,941				-				21,941
Substandard			657				688				-				1,345				12,131				13,476				28,046				41,522
Loans receivable, gross		$	2,657			$	1,272			$	-			$	3,929			$	682,563			$	686,492			$	28,046			$	714,538

(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 September 30, 2021:
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	-			$	8,950			$	6,831			$	15,781			$	3,442			$	19,223
Residential Real Estate:
Substandard			-				-				2,320				2,320				2,153				4,473
Commercial and Industrial:
Substandard			497				-				2,478				2,975				1,229				4,204
Consumer and Other:
Substandard			-				96				29				125				21				146
Total non-accruing loans		$	497			$	9,046			$	11,658			$	21,201			$	6,845			$	28,046
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)		September 30, 2021								December 31, 2020
Loan portfolio segment:		Number of Loans				Recorded Investment				Number of Loans				Recorded Investment
Commercial Real Estate			1			$	8,950				2			$	9,884
Residential Real Estate			3				883				3				928
Commercial and Industrial			0				-				1				4,000
Consumer and Other			3				644				5				1,074
Total TDR Loans			7				10,477				11				15,886
Less:
TDRs included in non-accrual loans			3				(9,769	)			6				(11,508	)
Total accrual TDR Loans			4			$	708				5			$	4,378

(In thousands)						Outstanding Recorded Investment
Nine Months Ended September 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)		September 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		$	10,273			$	11,306			$	-			$	5,723			$	6,644			$	-
Residential Real Estate			4,221				4,179				-				3,853				3,900				-
Commercial and Industrial			648				772				-				4,700				4,816				-
Consumer and Other			525				525				-				1,177				1,332				-
			15,667				16,782				-				15,453				16,692				-
With a related allowance recorded:
Commercial Real Estate		$	8,950			$	8,811			$	1,178				8,811				8,811				1,398
Residential Real Estate			412				436				8				109				109				4
Commercial and Industrial			3,556				4,040				640				-				-				-
Consumer and Other			171				203				2				10				10				10
			13,089				13,490				1,828				8,930				8,930				1,412
Impaired Loans, Total:
Commercial Real Estate			19,223				20,117				1,178				14,534				15,455				1,398
Residential Real Estate			4,633				4,615				8				3,962				4,009				4
Commercial and Industrial			4,204				4,812				640				4,700				4,816				-
Consumer and Other			696				728				2				1,187				1,342				10
Impaired Loans, Total		$	28,756			$	30,272			$	1,828			$	24,383			$	25,622			$	1,412

		Three Months Ended September 30,																Nine Months Ended September 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		$	8,671			$	95			$	6,975			$	13			$	7,538			$	133			$	5,702			$	39
Residential Real Estate			3,752				15				3,641				12				4,088				45				3,603				45
Commercial and Industrial			2,657				4				1,716				2				3,122				9				1,936				4
Consumer and Other			526				4				1,321				10				755				10				1,101				26
			15,606				118				13,653				37				15,503				197				12,342				114
With a related allowance recorded:
Commercial Real Estate			8,916				-				8,975				-				8,854				-				8,876				35
Residential Real Estate			824				7				55				1				427				14				33				4
Commercial and Industrial			3,231				55				-				-				1,856				113				-				-
Consumer and Other			169				1				74				1				87				5				50				4
			13,140				63				9,104				2				11,224				132				8,959				43
Impaired Loans, Total:
Commercial Real Estate			17,587				95				15,950				13				16,392				133				14,578				74
Residential Real Estate			4,576				22				3,696				13				4,515				59				3,636				49
Commercial and Industrial			5,888				59				1,716				2				4,978				122				1,936				4
Consumer and Other			695				5				1,395				11				842				15				1,151				30
Impaired Loans, Total		$	28,746			$	181			$	22,757			$	39			$	26,727			$	329			$	21,301			$	157

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-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953682-111524

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