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Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2018

Loans and Allowance for Loan Losses [Abstract]

Summary of categories of loans

		Total Loans								Non-Accrual Loans
($ in thousands)		September 2018				December 2017				September 2018				December 2017
Commercial & Industrial		$	119,242			$	101,554				360				121
Commercial RE & Construction			356,563				332,154				228				1,322
Agricultural & Farmland			52,814				51,947				-				-
Residential Real Estate			178,033				150,854				1,541				1,123
Consumer & Other			64,478				59,619				252				138
Total Loans		$	771,130			$	696,128			$	2,381			$	2,704
Net deferred costs		$	568			$	487
Total Loans, net deferred costs		$	771,698			$	696,615
Allowance for loan losses		$	(8,489	)		$	(7,930	)

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

		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
ALLOWANCE FOR LOAN AND LEASE LOSSES
For the Three Months Ended - September 30, 2018
Beginning balance		$	1,061			$	3,720			$	488			$	2,550			$	675			$	8,494
Charge Offs			-				-				-				-				(11	)		$	(11	)
Recoveries			-				-				-				-				6				6
Provision			13				5				(9	)			(39	)			30				-
Ending Balance		$	1,074			$	3,725			$	479			$	2,511			$	700			$	8,489
For the Nine Months Ended -September 30, 2018
Beginning balance		$	823			$	3,779			$	505			$	2,129			$	694			$	7,930
Charge Offs			-				(36	)			-				(26	)			(23	)		$	(85	)
Recoveries			-				29				-				2				13				44
Provision			251				(47	)			(26	)			406				16				600
Ending Balance		$	1,074			$	3,725			$	479			$	2,511			$	700			$	8,489

		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
Loans Receivable at September 30, 2018
Allowance:
Ending balance:
individually evaluated for impairment		$	-			$	-			$	-			$	77			$	4			$	81
Ending balance:
collectively evaluated for impairment		$	1,074			$	3,725			$	479			$	2,434			$	696			$	8,408
Loans:
Ending balance:
individually evaluated for impairment		$	329			$	287			$	-			$	1,889			$	177			$	2,682
Ending balance:
collectively evaluated for impairment		$	118,913			$	356,276			$	52,814			$	176,144			$	64,301			$	768,448

		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
Loans Receivable at December 31, 2017
Allowance:
Ending balance:
individually evaluated for impairment		$	-			$	146			$	-			$	178			$	5			$	329
Ending balance:
collectively evaluated for impairment		$	823			$	3,633			$	505			$	1,951			$	689			$	7,601
Loans:
Ending balance:
individually evaluated for impairment		$	-			$	1,385			$	-			$	1,830			$	197			$	3,412
Ending balance:
collectively evaluated for impairment		$	101,554			$	330,769			$	51,947			$	149,024			$	59,422			$	692,716

		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
ALLOWANCE FOR LOAN AND LEASE LOSSES
For the Three Months Ended - September 30, 2017
Beginning balance		$	995			$	3,452			$	512			$	1,988			$	878			$	7,825
Charge Offs			-				(26	)			-				(20	)			(29	)		$	(75	)
Recoveries			-				-				1				2				7				10
Provision			(138	)			195				(17	)			44				(84	)			-
Ending Balance		$	857			$	3,621			$	496			$	2,014			$	772			$	7,760

		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
ALLOWANCE FOR LOAN AND LEASE LOSSES
For the Nine Months Ended - September 30, 2017
Beginning balance		$	1,204			$	3,321			$	347			$	1,963			$	890			$	7,725
Charge Offs			(50	)			(26	)			-				(42	)			(77	)		$	(195	)
Recoveries			6				2				3				6				13				30
Provision			(303	)			324				146				87				(54	)			200
Ending Balance		$	857			$	3,621			$	496			$	2,014			$	772			$	7,760

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

September 30, 2018		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
1-2		$	-			$	-			$	-			$	-			$	-			$	-
3			17,929				99,297				7,564				134,491				62,095				321,376
4			97,591				255,261				44,747				41,564				1,982				441,145
Total Pass (1 - 4)			115,520				354,558				52,311				176,055				64,077				762,521
Special Mention (5)			737				1,056				503				-				62				2,358
Substandard (6)			2,625				683				-				1,978				339				5,625
Doubtful (7)			360				266				-				-				-				626
Loss (8)			-				-				-				-				-				-
Total Loans		$	119,242			$	356,563			$	52,814			$	178,033			$	64,478			$	771,130

December 31, 2017		Commercial				Commercial RE				Agricultural				Residential				Consumer
($ in thousands)		& Industrial				& Construction				& Farmland				Real Estate				& Other				Total
1-2		$	96			$	13			$	-			$	832			$	1			$	942
3			19,883				93,222				8,080				114,130				57,204				292,519
4			80,448				236,217				43,735				34,271				2,151				396,822
Total Pass (1 - 4)			100,427				329,452				51,815				149,233				59,356				690,283
Special Mention (5)			512				1,100				132				-				66				1,810
Substandard (6)			7				580				-				1,583				197				2,367
Doubtful (7)			608				1,022				-				38				-				1,668
Loss (8)			-				-				-				-				-				-
Total Loans		$	101,554			$	332,154			$	51,947			$	150,854			$	59,619			$	696,128

Summary of loan portfolio aging analysis

($ in thousands)		30-59 Days				60-89 Days				Greater Than				Total Past								Total Loans
September 30, 2018		Past Due				Past Due				90 Days				Due				Current				Receivable
Commercial & Industrial		$	-			$	125			$	329			$	454			$	118,788			$	119,242
Commercial RE & Construction			75				-				7				82				356,481				356,563
Agricultural & Farmland			-				-				-				-				52,814				52,814
Residential Real Estate			215				310				471				996				177,037				178,033
Consumer & Other			146				46				141				333				64,145				64,478
Total Loans		$	436			$	481			$	948			$	1,865			$	769,265			$	771,130

($ in thousands)		30-59 Days				60-89 Days				Greater Than				Total Past								Total Loans
December 31, 2017		Past Due				Past Due				90 Days				Due				Current				Receivable
Commercial & Industrial		$	85			$	-			$	88			$	173			$	101,381			$	101,554
Commercial RE & Construction			110				-				1,086				1,196				330,958				332,154
Agricultural & Farmland			-				-				-				-				51,947				51,947
Residential Real Estate			484				379				433				1,296				149,558				150,854
Consumer & Other			182				21				103				306				59,313				59,619
Total Loans		$	861			$	400			$	1,710			$	2,971			$	693,157			$	696,128

Summary of impaired loan activity

Nine Months Ended September 30, 2018		Recorded				Unpaid Principal				Related				Average Recorded				Interest Income
($ in thousands)		Investment				Balance				Allowance				Investment				Recognized
With no related allowance recorded:
Commercial & Industrial		$	329			$	329			$	-			$	777			$	19
Commercial RE & Construction			287				287				-				336				17
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			1,021				1,064				-				1,745				57
Consumer & Other			97				97				-				106				5
With a specific allowance recorded:
Commercial & Industrial			-				-				-				-				-
Commercial RE & Construction			-				-				-				-				-
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			868				894				77				428				15
Consumer & Other			80				80				4				92				4
Totals:
Commercial & Industrial			329				329				-				777				19
Commercial RE & Construction			287				287				-				336				17
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			1,889				1,958				77				2,173				72
Consumer & Other		$	177			$	177			$	4			$	198			$	9

Three Months Ended September 30, 2018		Average Recorded				Interest Income
($ in thousands)		Investment				Recognized
With no related allowance recorded:
Commercial & Industrial		$	763			$	(9	)
Commercial RE & Construction			336				5
Agricultural & Farmland			-				-
Residential Real Estate			1,733				16
Consumer & Other			102				2
With a specific allowance recorded:
Commercial & Industrial			-				-
Commercial RE & Construction			-				-
Agricultural & Farmland			-				-
Residential Real Estate			424				5
Consumer & Other			90				1
Totals:
Commercial & Industrial			763				(9	)
Commercial RE & Construction			336				5
Agricultural & Farmland			-				-
Residential Real Estate			2,157				21
Consumer & Other		$	192			$	3

Twelve Months Ended December 31, 2017		Recorded				Unpaid Principal				Related				Average Recorded				Interest Income
($ in thousands)		Investment				Balance				Allowance				Investment				Recognized
With no related allowance recorded:
Commercial & Industrial		$	-			$	-			$	-			$	-			$	-
Commercial RE & Construction			696				722				-				756				34
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			752				795				-				1,460				67
Consumer & Other			110				110				-				128				9
With a specific allowance recorded:
Commercial & Industrial			-				-				-				-				-
Commercial RE & Construction			689				689				146				713				-
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			1,078				1,097				178				628				25
Consumer & Other			87				87				5				91				5
Totals:
Commercial & Industrial			-				-				-				-				-
Commercial RE & Construction			1,385				1,411				146				1,469				34
Agricultural & Farmland			-				-				-				-				-
Residential Real Estate			1,830				1,892				178				2,088				92
Consumer & Other		$	197			$	197			$	5			$	219			$	14

		Nine Months Ended								Three Months Ended
September 30, 2017		Average Recorded				Unpaid Principal				Average Recorded				Interest Income
($ in thousands)		Investment				Balance				Investment				Recognized
With no related allowance recorded:
Commercial & Industrial		$	-			$	-			$	-			$	-
Commercial RE & Construction			757				29				754				7
Agricultural & Farmland			-				-				-				-
Residential Real Estate			539				20				535				5
Consumer & Other			130				7				126				2
With a specific allowance recorded:
Commercial & Industrial			-				-				-				-
Commercial RE & Construction			721				(2	)			689				-
Agricultural & Farmland			-				-				-				-
Residential Real Estate			631				20				625				7
Consumer & Other			95				4				92				1
Totals:
Commercial & Industrial		$	-			$	-			$	-			$	-
Commercial RE & Construction		$	1,478			$	27			$	1,443			$	7
Agricultural & Farmland		$	-			$	-			$	-			$	-
Residential Real Estate		$	1,170			$	40			$	1,160			$	12
Consumer & Other		$	225			$	11			$	218			$	3

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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.

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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.

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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.

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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.

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