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

6 Months Ended

Jun. 30, 2022

Notes Tables

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

(In thousands)		June 30, 2022				December 31, 2021
Loan portfolio segment:
Commercial Real Estate		$	448,884			$	365,247
Residential Real Estate			138,739				158,591
Commercial and Industrial			133,281				122,810
Consumer and Other			122,858				59,364
Construction			12,221				21,781
Construction to Permanent - CRE			3,124				11,695
Loans receivable, gross			859,107				739,488
Allowance for loan and lease losses			(9,929	)			(9,905	)
Loans receivable, net		$	849,178			$	729,583

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, 2022
Allowance for loan and lease losses:
March 31, 2022		$	4,889			$	1,512			$	2,860			$	319			$	56			$	9			$	92			$	9,737
Charge-offs			-				-				-				(100	)			-				-				-				(100	)
Recoveries			-				-				11				6				-				-				-				17
Provisions (credits)			91				(117	)			(555	)			838				2				6				10				275
June 30, 2022		$	4,980			$	1,395			$	2,316			$	1,063			$	58			$	15			$	102			$	9,929
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

(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, 2022
Allowance for loan and lease losses:
December 31, 2021		$	5,063			$	1,700			$	2,532			$	253			$	78			$	41			$	238			$	9,905
Charge-offs			-				-				(68	)			(147	)			(70	)			-				-				(285	)
Recoveries			-				1				26				7				-				-				-				34
Provisions (credits)			(83	)			(306	)			(174	)			950				50				(26	)			(136	)			275
June 30, 2022		$	4,980			$	1,395			$	2,316			$	1,063			$	58			$	15			$	102			$	9,929
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

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
June 30, 2022
Allowance for loan and lease losses:
Individually evaluated for impairment		$	1,900			$	4			$	986			$	-			$	-			$	-			$	-			$	2,890
Collectively evaluated for impairment			3,080				1,391				1,330				1,063				58				15				102				7,039
Total allowance for loan and lease losses		$	4,980			$	1,395			$	2,316			$	1,063			$	58			$	15			$	102			$	9,929
Loans receivable, gross:
Individually evaluated for impairment		$	15,366			$	2,906			$	4,702			$	518			$	-			$	-			$	-			$	23,492
Collectively evaluated for impairment			433,518				135,833				128,579				122,340				12,221				3,124				-				835,615
Total loans receivable, gross		$	448,884			$	138,739			$	133,281			$	122,858			$	12,221			$	3,124			$	-			$	859,107

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
December 31, 2021
Allowance for loan and lease losses:
Individually evaluated for impairment		$	1,567			$	3			$	722			$	-			$	-			$	-			$	-			$	2,292
Collectively evaluated for impairment			3,496				1,697				1,810				253				78				41				238				7,613
Total allowance for loan losses		$	5,063			$	1,700			$	2,532			$	253			$	78			$	41			$	238			$	9,905
Loans receivable, gross:
Individually evaluated for impairment		$	15,704			$	2,954			$	4,031			$	523			$	-			$	-			$	-			$	23,212
Collectively evaluated for impairment			349,543				155,637				118,779				58,841				21,781				11,695				-				716,276
Total loans receivable, gross		$	365,247			$	158,591			$	122,810			$	59,364			$	21,781			$	11,695			$	-			$	739,488

Financing Receivable, Past Due [Table Text Block]

(In thousands)		Performing (Accruing) Loans
As of June 30, 2022:		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		$	798			$	-			$	-			$	798			$	412,846			$	413,644			$	-			$	413,644
Special mention			-				-				-				-				18,421				18,421				-				18,421
Substandard			853				-				-				853				600				1,453				15,366				16,819
			1,651				-				-				1,651				431,867				433,518				15,366				448,884
Residential Real Estate:
Pass			231				-				-				231				135,421				135,652				-				135,652
Substandard			-				-				-				-				-				-				3,087				3,087
			231				-				-				231				135,421				135,652				3,087				138,739
Commercial and Industrial:
Pass			1,018				-				-				1,018				123,616				124,634				-				124,634
Special mention			-				-				-				-				1,712				1,712				-				1,712
Substandard			1,896				108				-				2,004				205				2,209				4,726				6,935
			2,914				108				-				3,022				125,533				128,555				4,726				133,281
Consumer and Other:
Pass			-				-				-				-				122,690				122,690				-				122,690
Substandard			-				-				-				-				23				23				145				168
			-				-				-				-				122,713				122,713				145				122,858
Construction:
Pass			-				-				-				-				12,221				12,221				-				12,221
			-				-				-				-				12,221				12,221				-				12,221
Construction to Permanent - CRE:
Pass			-				-				-				-				3,124				3,124				-				3,124
			-				-				-				-				3,124				3,124				-				3,124
Total		$	4,796			$	108			$	-			$	4,904			$	830,879			$	835,783			$	23,324			$	859,107
Loans receivable, gross:
Pass		$	2,047			$	-			$	-			$	2,047			$	809,918			$	811,965			$	-			$	811,965
Special mention			-				-				-				-				20,133				20,133				-				20,133
Substandard			2,749				108				-				2,857				828				3,685				23,324				27,009
Loans receivable, gross		$	4,796			$	108			$	-			$	4,904			$	830,879			$	835,783			$	23,324			$	859,107

(In thousands)		Performing (Accruing) Loans
As of December 31, 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		$	696			$	-			$	-			$	696			$	324,858			$	325,554			$	-			$	325,554
Special mention			-				-				-				-				16,625				16,625				-				16,625
Substandard			-				-				-				-				7,364				7,364				15,704				23,068
			696				-				-				696				348,847				349,543				15,704				365,247
Residential Real Estate:
Pass			-				-				-				-				154,044				154,044				-				154,044
Special mention			-				-				-				-				1,399				1,399				-				1,399
Substandard			-				-				-				-				-				-				3,148				3,148
			-				-				-				-				155,443				155,443				3,148				158,591
Commercial and Industrial:
Pass			243				-				-				243				114,306				114,549				-				114,549
Special mention			-				-				-				-				1,951				1,951				-				1,951
Substandard			-				-				-				-				2,209				2,209				4,101				6,310
			243				-				-				243				118,466				118,709				4,101				122,810
Consumer and Other:
Pass			-				26				2				28				59,171				59,199				-				59,199
Substandard			-				-				-				-				23				23				142				165
			-				26				2				28				59,194				59,222				142				59,364
Construction:
Pass			-				-				-				-				21,781				21,781				-				21,781
			-				-				-				-				21,781				21,781				-				21,781
Construction to Permanent - CRE:
Pass			-				-				-				-				11,695				11,695				-				11,695
			-				-				-				-				11,695				11,695				-				11,695
Total		$	939			$	26			$	2			$	967			$	715,426			$	716,393			$	23,095			$	739,488
Loans receivable, gross:
Pass		$	939			$	26			$	2			$	967			$	685,855			$	686,822			$	-			$	686,822
Special mention			-				-				-				-				19,975				19,975				-				19,975
Substandard			-				-				-				-				9,596				9,596				23,095				32,691
Loans receivable, gross		$	939			$	26			$	2			$	967			$	715,426			$	716,393			$	23,095			$	739,488

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, 2022:
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	-			$	-			$	6,537			$	6,537			$	8,829			$	15,366
Residential Real Estate:
Substandard			682				-				1,795				2,477				610				3,087
Commercial and Industrial:
Substandard			143				136				4,447				4,726				-				4,726
Consumer and Other:
Substandard			-				-				121				121				24				145
Total non-accruing loans		$	825			$	136			$	12,900			$	13,861			$	9,463			$	23,324
As of December 31, 2021:
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	-			$	-			$	15,704			$	15,704			$	-			$	15,704
Residential Real Estate:
Substandard			-				-				2,419				2,419				729				3,148
Commercial and Industrial:
Substandard			-				491				2,458				2,949				1,152				4,101
Consumer and Other:
Substandard			-				94				28				122				20				142
Total non-accruing loans		$	-			$	585			$	20,609			$	21,194			$	1,901			$	23,095

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

(In thousands)		June 30, 2022								December 31, 2021
Loan portfolio segment:		Number of Loans				Recorded Investment				Number of Loans				Recorded Investment
Commercial Real Estate			1			$	8,828				1			$	8,884
Residential Real Estate			3				840				3				870
Commercial and Industrial			1				118				0				-
Consumer and Other			3				634				3				640
Total TDR Loans			8				10,420				7				10,394
Less:
TDRs included in non-accrual loans			4				(9,721	)			3				(9,688	)
Total accrual TDR Loans			4			$	699				4			$	706

						Outstanding Recorded Investment
(In thousands)		Number of Loans				Pre-Modification				Post-Modification
Loan portfolio segment:
Commercial and Industrial			1			$	118			$	118
Total TDR Loans			1			$	118			$	118

(In thousands)		6/30/2022
Payment deferral			118
Total		$	118

Impaired Financing Receivables [Table Text Block]

(In thousands)		June 30, 2022												December 31, 2021
		Recorded Investment				Principal Outstanding				Related Allowance				Recorded Investment				Principal Outstanding				Related Allowance
With no related allowance recorded:
Commercial Real Estate		$	6,537			$	7,552			$	-			$	6,820			$	7,776			$	-
Residential Real Estate			2,800				2,745				-				2,847				2,763				-
Commercial and Industrial			603				736				-				630				758				-
Consumer and Other			518				518				-				523				523				-
			10,458				11,551				-				10,820				11,820				-
With a related allowance recorded:
Commercial Real Estate		$	8,829			$	8,800			$	1,900				8,884				8,811				1,567
Residential Real Estate			446				480				7				461				488				8
Commercial and Industrial			4,124				4,798				986				3,471				3,916				723
Consumer and Other			167				200				2				166				201				1
			13,566				14,278				2,895				12,982				13,416				2,299
Impaired Loans, Total:
Commercial Real Estate			15,366				16,352				1,900				15,704				16,587				1,567
Residential Real Estate			3,246				3,225				7				3,308				3,251				8
Commercial and Industrial			4,727				5,534				986				4,101				4,674				723
Consumer and Other			685				718				2				689				724				1
Impaired Loans, Total		$	24,024			$	25,829			$	2,895			$	23,802			$	25,236			$	2,299

		Three Months Ended June 30,																Six Months Ended June 30,
(In thousands)		2022								2021								2022								2021
		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		$	6,611			$	32			$	8,188			$	39			$	6,697			$	64			$	6,979			$	39
Residential Real Estate			2,818				10				4,276				16				2,829				18				4,280				29
Commercial and Industrial			607				2				4,741				25				614				5				3,608				71
Consumer and Other			520				4				713				1				521				9				854				6
			10,556				48				17,918				81				10,661				96				15,721				145
With a related allowance recorded:
Commercial Real Estate			8,843				40				8,813				-				8,858				65				8,812				-
Residential Real Estate			453				2				270				5				456				4				201				8
Commercial and Industrial			3,967				29				2,031				32				3,766				50				1,161				58
Consumer and Other			168				1				86				2				166				2				50				3
			13,431				72				11,200				39				13,246				121				10,224				69
Impaired Loans, Total:
Commercial Real Estate			15,454				72				17,001				39				15,555				129				15,791				39
Residential Real Estate			3,271				12				4,546				21				3,285				22				4,481				37
Commercial and Industrial			4,574				31				6,772				57				4,380				55				4,769				129
Consumer and Other			688				5				799				3				687				11				904				9
Impaired Loans, Total		$	23,987			$	120			$	29,118			$	120			$	23,907			$	217			$	25,945			$	214

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