XML 32 R23.htm IDEA: XBRL DOCUMENT v3.22.2.2

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

9 Months Ended

Sep. 30, 2022

Notes Tables

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

(In thousands)		September 30, 2022				December 31, 2021
Loan portfolio segment:
Commercial Real Estate		$	438,822			$	365,247
Residential Real Estate			131,182				158,591
Commercial and Industrial			140,364				122,810
Consumer and Other			138,135				59,364
Construction			12,634				21,781
Construction to Permanent - CRE			1,733				11,695
Loans receivable, gross			862,870				739,488
Allowance for loan and lease losses			(9,952	)			(9,905	)
Loans receivable, net		$	852,918			$	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 September 30, 2022
Allowance for loan and lease losses:
June 30, 2022		$	4,980			$	1,395			$	2,316			$	1,063			$	58			$	15			$	102			$	9,929
Charge-offs			-				-				-				(366	)			-				-				-				(366	)
Recoveries			154				3				12				20				-				-				-				189
Provisions (credits)			1,653				(930	)			(490	)			22				(20	)			(10	)			(25	)			200
September 30, 2022		$	6,787			$	468			$	1,838			$	739			$	38			$	5			$	77			$	9,952
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

(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, 2022
Allowance for loan and lease losses:
December 31, 2021		$	5,063			$	1,700			$	2,532			$	253			$	78			$	41			$	238			$	9,905
Charge-offs			-				-				(70	)			(513	)			(68	)			-				-				(651	)
Recoveries			154				4				38				27				-				-				-				223
Provisions (credits)			1,570				(1,236	)			(662	)			972				28				(36	)			(161	)			475
September 30, 2022		$	6,787			$	468			$	1,838			$	739			$	38			$	5			$	77			$	9,952
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

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
September 30, 2022
Allowance for loan and lease losses:
Individually evaluated for impairment		$	5,072			$	5			$	984			$	-			$	-			$	-			$	-			$	6,061
Collectively evaluated for impairment			1,715				463				854				739				38				5				77				3,891
Total allowance for loan and lease losses		$	6,787			$	468			$	1,838			$	739			$	38			$	5			$	77			$	9,952
Loans receivable, gross:
Individually evaluated for impairment		$	11,270			$	2,886			$	4,682			$	516			$	-			$	-			$	-			$	19,354
Collectively evaluated for impairment			427,552				128,296				135,682				137,619				12,634				1,733				-				843,516
Total loans receivable, gross		$	438,822			$	131,182			$	140,364			$	138,135			$	12,634			$	1,733			$	-			$	862,870

(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
September 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		$	783			$	-			$	-			$	783			$	401,065			$	401,848			$	-			$	401,848
Special mention			-				-				-				-				25,112				25,112				-				25,112
Substandard			-				-				-				-				592				592				11,270				11,862
			783				-				-				783				426,769				427,552				11,270				438,822
Residential Real Estate:
Pass			-				-				-				-				128,121				128,121				-				128,121
Substandard			-				-				-				-				-				-				3,061				3,061
			-				-				-				-				128,121				128,121				3,061				131,182
Commercial and Industrial:
Pass			425				-				230				655				131,942				132,597				-				132,597
Special mention			-				-				-				-				966				966				-				966
Substandard			1,948				-				-				1,948				146				2,094				4,707				6,801
			2,373				-				230				2,603				133,054				135,657				4,707				140,364
Consumer and Other:
Pass			-				1				-				1				137,967				137,968				-				137,968
Substandard			-				-				-				-				23				23				144				167
			-				1				-				1				137,990				137,991				144				138,135
Construction:
Pass			-				-				-				-				12,097				12,097				-				12,097
Special mention			-				-				-				-				537				537				-				537
			-				-				-				-				12,634				12,634				-				12,634
Construction to Permanent - CRE:
Pass			-				-				-				-				1,733				1,733				-				1,733
			-				-				-				-				1,733				1,733				-				1,733
Total		$	3,156			$	1			$	230			$	3,387			$	840,301			$	843,688			$	19,182			$	862,870
Loans receivable, gross:
Pass		$	1,208			$	1			$	230			$	1,439			$	812,925			$	814,364			$	-			$	814,364
Special mention			-				-				-				-				26,615				26,615				-				26,615
Substandard			1,948				-				-				1,948				761				2,709				19,182				21,891
Loans receivable, gross		$	3,156			$	1			$	230			$	3,387			$	840,301			$	843,688			$	19,182			$	862,870

(In thousands)		Performing (Accruing) Loans
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
September 30, 2022
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	8,819			$	-			$	2,451			$	11,270			$	-			$	11,270
Residential Real Estate:
Substandard			672				-				1,795				2,467				594				3,061
Commercial and Industrial:
Substandard			-				-				4,591				4,591				116				4,707
Consumer and Other:
Substandard			-				-				121				121				23				144
Total non-accruing loans		$	9,491			$	-			$	8,958			$	18,449			$	733			$	19,182
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)		September 30, 2022								December 31, 2021
Loan portfolio segment:		Number of Loans				Recorded Investment				Number of Loans				Recorded Investment
Commercial Real Estate			1			$	8,819				1			$	8,884
Residential Real Estate			3				829				3				870
Commercial and Industrial			1				116				0				-
Consumer and Other			3				632				3				640
Total TDR Loans			8				10,396				7				10,394
Less:
TDRs included in non-accrual loans			4				(9,699	)			3				(9,688	)
Total accrual TDR Loans			4			$	697				4			$	706

						Outstanding Recorded Investment
(In thousands)		Number of Loans				Pre-Modification				Post-Modification
Loan portfolio segment:
Commercial and Industrial			1			$	118			$	116
Total TDR Loans			1			$	118			$	116

(In thousands)		Three Months ended September 30, 2022				Nine Months ended September 30, 2022
Payment deferral			-				116
Total		$	-			$	116

Impaired Financing Receivables [Table Text Block]

(In thousands)		September 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		$	2,780			$	2,599			$	-			$	6,820			$	7,776			$	-
Residential Real Estate			2,451				2,444				-				2,847				2,763				-
Commercial and Industrial			585				692				-				630				758				-
Consumer and Other			517				516				-				523				523				-
			6,333				6,251				-				10,820				11,820				-
With a related allowance recorded:
Commercial Real Estate		$	8,819			$	8,670			$	5,072				8,884				8,811				1,567
Residential Real Estate			438				435				6				461				488				8
Commercial and Industrial			4,122				4,276				984				3,471				3,916				723
Consumer and Other			167				176				1				166				201				1
			13,546				13,557				6,063				12,982				13,416				2,299
Impaired Loans, Total:
Commercial Real Estate			11,599				11,269				5,072				15,704				16,587				1,567
Residential Real Estate			2,889				2,879				6				3,308				3,251				8
Commercial and Industrial			4,707				4,968				984				4,101				4,674				723
Consumer and Other			684				692				1				689				724				1
Impaired Loans, Total		$	19,879			$	19,808			$	6,063			$	23,802			$	25,236			$	2,299

		Three Months Ended September 30,																Nine Months Ended September 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		$	6,704			$	13			$	8,671			$	95			$	6,716			$	31			$	7,538			$	133
Residential Real Estate			1,580				8				3,752				15				2,332				72				4,088				45
Commercial and Industrial			2,354				-				2,657				4				1,311				5				3,122				9
Consumer and Other			342				6				526				4				449				15				755				10
			10,980				27				15,606				118				10,808				123				15,503				197
With a related allowance recorded:
Commercial Real Estate			7,096				7				8,916				-				8,156				72				8,854				-
Residential Real Estate			1,525				6				824				7				885				10				427				14
Commercial and Industrial			2,358				-				3,231				55				3,167				50				1,856				113
Consumer and Other			342				1				169				1				237				3				87				5
			11,321				14				13,140				63				12,445				135				11,224				132
Impaired Loans, Total:
Commercial Real Estate			13,800				20				17,587				95				14,872				103				16,392				133
Residential Real Estate			3,105				14				4,576				22				3,217				82				4,515				59
Commercial and Industrial			4,712				-				5,888				59				4,478				55				4,978				122
Consumer and Other			684				7				695				5				686				18				842				15
Impaired Loans, Total		$	22,301			$	41			$	28,746			$	181			$	23,253			$	258			$	26,727			$	329

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 14
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI https://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivable on nonaccrual status.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 16
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivable modified as troubled debt restructuring.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953676-111524

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

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration