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Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2017

Loans and Allowance for Loan Losses [Abstract]

Summary of categories of loans

		Total Loans								Non-Accrual Loans
($ in thousands)		Jun. 2017				Dec. 2016				Jun. 2017				Dec. 2016
Commercial & Industrial		$	106,898			$	108,752				129				190
Commercial RE & Construction			296,116				284,084				1,049				1,194
Agricultural & Farmland			52,107				52,475				3				4
Residential Real Estate			137,214				142,452				1,115				1,162
Consumer & Other			58,833				56,335				154				187
Total Loans		$	651,168			$	644,098			$	2,450			$	2,737
Unearned Income		$	421			$	335
Total Loans, net of unearned income		$	651,589			$	644,433
Allowance for loan losses		$	(7,825	)		$	(7,725	)

Summary of allowance for loan losses and recorded investment in loans based on portfolio segment and impairment method

($’s in thousands)		Commercial & Industrial				Commercial RE & Construction				Agricultural & Farmland				Residential Real Estate				Consumer & Other				Total
ALLOWANCE FOR LOAN AND LEASE LOSSES
For the Three Months Ended - June 30, 2017
Beginning balance		$	998			$	3,196			$	469			$	2,013			$	1,003			$	7,679
Charge Offs			(50	)			-				-				-				(19	)		$	(69	)
Recoveries			5				2				1				4				3				15
Provision			42				254				42				(29	)			(109	)			200
Ending Balance		$	995			$	3,452			$	512			$	1,988			$	878			$	7,825
For the Six Months Ended - June 30, 2017
Beginning balance		$	1,204			$	3,321			$	347			$	1,963			$	890			$	7,725
Charge Offs			(50	)			-				-				(22	)			(48	)		$	(120	)
Recoveries			6				2				2				4				6				20
Provision			(165	)			129				163				43				30				200
Ending Balance		$	995			$	3,452			$	512			$	1,988			$	878			$	7,825

($’s in thousands)		Commercial & Industrial				Commercial RE & Construction				Agricultural & Farmland				Residential Real Estate				Consumer & Other				Total
Loans Receivable at June 30, 2017
Allowance:
Ending balance:
individually evaluated for impairment		$	-			$	96			$	-			$	117			$	7			$	220
Ending balance:
collectively evaluated for impairment		$	995			$	3,356			$	512			$	1,871			$	871			$	7,605
Loans:
Ending balance:
individually evaluated for impairment		$	-			$	1,424			$	-			$	1,675			$	230			$	3,329
Ending balance:
collectively evaluated for impairment		$	106,898			$	294,692			$	52,107			$	135,539			$	58,603			$	647,839
Loans Receivable at December 31, 2016
Allowance:
Ending balance:
individually evaluated for impairment		$	50			$	119			$	-			$	124			$	7			$	300
Ending balance:
collectively evaluated for impairment		$	1,154			$	3,202			$	347			$	1,839			$	883			$	7,425
Loans:
Ending balance:
individually evaluated for impairment		$	50			$	1,578			$	-			$	1,919			$	248			$	3,795
Ending balance:
collectively evaluated for impairment		$	108,702			$	282,506			$	52,475			$	140,533			$	56,087			$	640,303

($’s in thousands)		Commercial & Industrial				Commercial RE & Construction				Agricultural & Farmland				Residential Real Estate				Consumer & Other				Total
ALLOWANCE FOR LOAN AND LEASE LOSSES
For the Three Months Ended - June 30, 2016
Beginning balance		$	925			$	4,120			$	188			$	1,342			$	630			$	7,205
Charge Offs			-				-				-				-				(2	)		$	(2	)
Recoveries			212				6				1				-				28				247
Provision			-				-				-				-				-				-
Ending Balance		$	1,137			$	4,126			$	189			$	1,342			$	656			$	7,450

($’s in thousands)		Commercial & Industrial				Commercial RE & Construction				Agricultural & Farmland				Residential Real Estate				Consumer & Other				Total
ALLOWANCE FOR LOAN AND LEASE LOSSES
For the Six Months Ended - June 30, 2016
Beginning balance		$	914			$	3,886			$	204			$	1,312			$	674			$	6,990
Charge Offs			(92	)			-				-				-				(4	)		$	(96	)
Recoveries			247				6				1				-				52				306
Provision			68				234				(16	)			30				(66	)			250
Ending Balance		$	1,137			$	4,126			$	189			$	1,342			$	656			$	7,450

Summary of credit risk profile of the Company's loan portfolio based on rating category

June 30, 2017 ($ in thousands)		Commercial & Industrial				Commercial RE & Construction				Agricultural & Farmland				Residential Real Estate				Consumer & Other				Total
1-2		$	1,341			$	24			$	9			$	232			$	1			$	1,607
3			29,351				93,165				9,312				105,513				56,155				293,496
4			75,224				200,066				42,640				28,981				2,388				349,299
Total Pass (1 - 4)			105,916				293,255				51,961				134,726				58,544				644,402
Special Mention (5)			425				1,114				146				835				87				2,607
Substandard (6)			7				683				-				615				82				1,387
Doubtful (7)			550				1,064				-				1,038				120				2,772
Loss (8)			-				-				-				-				-				-
Total Loans		$	106,898			$	296,116			$	52,107			$	137,214			$	58,833			$	651,168

December 31, 2016		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
1-2		$	1,149			$	33			$	9			$	234			$	3			$	1,428
3			28,461				89,406				9,985				113,403				53,386				294,641
4			78,517				188,007				42,481				26,510				2,625				338,140
Total Pass (1 - 4)			108,127				277,446				52,475				140,147				56,014				634,209
Special Mention (5)			-				5,030				-				518				123				5,671
Substandard (6)			150				1,291				-				625				61				2,127
Doubtful (7)			475				317				-				1,162				137				2,091
Loss (8)			-				-				-				-				-				-
Total Loans		$	108,752			$	284,084			$	52,475			$	142,452			$	56,335			$	644,098

Summary of loan portfolio aging analysis

($ in thousands)		30-59 Days				60-89 Days				Greater Than				Total Past								Total Loans
June 30, 2017		Past Due				Past Due				90 Days				Due				Current				Receivable
Commercial & Industrial		$	551			$	81			$	94			$	726			$	106,172			$	106,898
Commercial RE & Construction			19				-				804				823				295,293				296,116
Agricultural & Farmland			-				-				-				-				52,107				52,107
Residential Real Estate			106				182				77				365				136,849				137,214
Consumer & Other			208				-				114				322				58,511				58,833
Total Loans		$	884			$	263			$	1,089			$	2,236			$	648,932			$	651,168

($ in thousands)		30-59 Days				60-89 Days				Greater Than				Total Past								Total Loans
December 31, 2016		Past Due				Past Due				90 Days				Due				Current				Receivable
Commercial & Industrial		$	35			$	50			$	104			$	189			$	108,563			$	108,752
Commercial RE & Construction			254				883				59				1,196				282,888				284,084
Agricultural & Farmland			-				-				-				-				52,475				52,475
Residential Real Estate			123				201				115				439				142,013				142,452
Consumer & Other			185				45				148				378				55,957				56,335
Total Loans		$	597			$	1,179			$	426			$	2,202			$	641,896			$	644,098

Summary of impaired loan activity

Six Months Ended June 30, 2017		Recorded				Unpaid Principal				Related				Average Recorded				Interest Income
($’s in thousands)		Investment				Balance				Allowance				Investment				Recognized
With no related allowance recorded:
Commercial & Industrial		$	-			$	-			$	-			$	-			$	-
Commercial RE & Construction			735				735				-				758				22
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			1,114				1,157				-				1,351				35
Consumer & Other			118				118				-				145				5
All Impaired Loans < $100,000			375				375				-				375				-
With a specific allowance recorded:
Commercial & Industrial			-				-				-				-				-
Commercial RE & Construction			689				689				96				738				(2	)
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			561				561				117				634				13
Consumer & Other			112				112				7				118				3
Totals:
Commercial & Industrial		$	-			$	-			$	-			$	-			$	-
Commercial RE & Construction		$	1,424			$	1,424			$	96			$	1,496			$	20
Agricultural & Farmland		$	-			$	-			$	-			$	-			$	-
Residential Real Estate		$	1,675			$	1,718			$	117			$	1,985			$	48
Consumer & Other		$	230			$	230			$	7			$	263			$	8
All Impaired Loans < $100,000		$	375			$	375			$	-			$	375			$	-

Three Months Ended		Average Recorded				Interest Income
June 30, 2017		Investment				Recognized
With no related allowance recorded:
Commercial & Industrial		$	-			$	-
Commercial RE & Construction			756				9
Agricultural & Farmland			-				-
Residential Real Estate			1,346				16
Consumer & Other			143				2
All Impaired Loans < $100,000			375				-
With a specific allowance recorded:
Commercial & Industrial			-				-
Commercial RE & Construction			689				-
Agricultural & Farmland			-				-
Residential Real Estate			631				6
Consumer & Other			117				2
Totals:
Commercial & Industrial		$	-			$	-
Commercial RE & Construction		$	1,445			$	9
Agricultural & Farmland		$	-			$	-
Residential Real Estate		$	1,977			$	22
Consumer & Other		$	260			$	4
All Impaired Loans < $100,000		$	375			$	-

Twelve Months Ended December 31, 2016		Recorded				Unpaid Principal				Related				Average Recorded				Interest Income
($’s in thousands)		Investment				Balance				Allowance				Investment				Recognized
With no related allowance recorded:
Commercial & Industrial		$	-			$	-			$	-			$	-			$	-
Commercial RE & Construction			637				637				-				655				24
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			1,248				1,290				-				1,470				70
Consumer & Other			129				129				-				151				11
All Impaired Loans < $100,000			452				452				-				452				-
With a specific allowance recorded:
Commercial & Industrial			50				50				50				50				3
Commercial RE & Construction			941				941				119				1,010				45
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			671				672				124				751				30
Consumer & Other			119				118				7				123				7
Totals:
Commercial & Industrial		$	50			$	50			$	50			$	50			$	3
Commercial RE & Construction		$	1,578			$	1,578			$	119			$	1,665			$	69
Agricultural & Farmland		$	-			$	-			$	-			$	-			$	-
Residential Real Estate		$	1,919			$	1,962			$	124			$	2,221			$	100
Consumer & Other		$	248			$	247			$	7			$	274			$	18
All Impaired Loans < $100,000		$	452			$	452			$	-			$	452			$	-

		Six Months Ended								Three Months Ended
June 30, 2016		Average Recorded				Interest Income				Average Recorded				Interest Income
($’s in thousands)		Investment				Recognized				Investment				Recognized
Commercial & Industrial		$	-			$	-			$	-			$	-
Commercial RE & Construction			766				11				761				6
Agricultural & Farmland			-				-				-				-
Residential Real Estate			1,199				34				1,195				16
Consumer & Other			96				4				94				2
All Impaired Loans < $100,000			438				-				438				-
Commercial & Industrial			-				-				-				-
Commercial RE & Construction			4,924				-				4,924				-
Agricultural & Farmland			-				-				-				-
Residential Real Estate			962				19				958				10
Consumer & Other			274				9				272				4
Commercial & Industrial		$	-			$	-			$	-			$	-
Commercial RE & Construction		$	5,690			$	11			$	5,685			$	6
Agricultural & Farmland		$	-			$	-			$	-			$	-
Residential Real Estate		$	2,161			$	53			$	2,153			$	26
Consumer & Other		$	370			$	13			$	366			$	6
All Impaired Loans < $100,000		$	438			$	-			$	438			$	-

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- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525

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Tabular disclosure of impaired financing receivables.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
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Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
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