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Loans and Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Schedule of categories of loans
   Total Loans   Nonaccrual Loans 
($ in thousands)  December 2022   December 2021   December 2022   December 2021 
                 
Commercial & industrial  $128,090   $122,250   $114   $143 
Commercial real estate - owner occupied   110,848    118,891    
-
    88 
Commercial real estate - nonowner occupied   301,787    262,277    210    466 
Agricultural   64,388    57,403    
-
    
-
 
Residential real estate   291,512    206,424    3,020    2,484 
Home equity line of credit (HELOC)   45,061    41,682    310    464 
Consumer   19,944    13,474    28    7 
                     
Total loans  $961,630   $822,401   $3,682   $3,652 
                     
Net deferred costs (fees)  $445   $313           
                     
Total loans, net deferred costs (fees)  $962,075   $822,714           
                     
Allowance for loan losses  $(13,818)  $(13,805)          

 
Schedule of loan commitments, unused lines of credit and standby letters of credit
($ in thousands)  2022   2021 
Loan commitments and unused lines of credit  $221,668   $219,618 
Standby letters of credit   1,336    2,060 
Totals  $223,004   $221,678 

 
Schedule of loans to directors and their related interests, including loans to companies for which directors are principal owners
($ in thousands)
For the Twelve Months Ended
December 31, 2022		  Commercial
& industrial		   Commercial
real estate		   Agricultural   Residential
real estate		   Consumer   Total 
                         
Beginning balance  $1,890   $6,781   $ 599   $3,515   $     1,020   $13,805 
Charge offs   
-
    
-
    
-
    
-
    (34)   (34)
Recoveries   
-
    
-
    
-
    
-
    47    47 
Provision   (227)   (501)   12    923    (207)   
-
 
Ending balance  $1,663   $6,280   $611   $4,438   $826   $13,818 

  

December 31, 2022  Commercial
& industrial		   Commercial
real estate		   Agricultural   Residential
real estate		   Consumer   Total 
Allowance:                        
Ending balance: individually evaluated for impairment  $
-
   $
-
   $
-
   $138   $2   $140 
Ending balance: collectively evaluated for impairment  $1,663   $6,280   $611   $4,300   $824   $13,678 
                               
Totals  $1,663   $6,280   $611   $4,438   $826   $13,818 
                               
Loans:                              
Ending balance: individually evaluated for impairment  $204   $347   $
-
   $2,863   $114   $3,528 
Ending balance: collectively evaluated for impairment  $127,886   $412,288   $64,388   $288,649   $64,891   $958,102 
                               
Totals  $128,090   $412,635   $64,388   $291,512   $65,005   $961,630 

 

($ in thousands)
For the Twelve Months Ended
December 31, 2021		  Commercial
& industrial		   Commercial
real estate		   Agricultural   Residential
real estate		   Consumer   Total 
                         
Beginning balance  $3,074   $5,451   $496   $2,534   $1,019   $12,574 
Charge offs   
-
    
-
    
-
    (43)   (93)   (136)
Recoveries   227    
-
    
-
    49    41    317 
Provision (credit)   (1,411)   1,330    103    975    53    1,050 
Ending balance  $1,890   $6,781   $599   $3,515   $1,020   $13,805 

 

December 31, 2021  Commercial
& industrial		   Commercial
real estate		   Agricultural   Residential
real estate		   Consumer   Total 
Allowance:                        
                        
Ending balance:individually evaluated for impairment  $
-
   $10   $
-
   $120   $3   $133 
Ending balance: collectively evaluated for impairment  $1,890   $6,771   $599   $3,395   $1,017   $13,672 
                               
Totals  $1,890   $6,781   $599   $3,515   $1,020   $13,805 
                               
Loans:                              
Ending balance: individually evaluated for impairment  $118   $354   $
-
   $2,307   $135   $2,914 
Ending balance: collectively evaluated for impairment  $122,132   $380,814   $57,403   $204,117   $55,021   $819,487 
                               
Totals  $122,250   $381,168   $57,403   $206,424   $55,156   $822,401 

 
Schedue of credit risk profile of the Company's loan portfolio based on rating category
($ in thousands) December 31, 2022  Commercial
& industrial		   Commercial
real estate -
owner
occupied		   Commercial
real estate -
nonowner
occupied		   Agricultural   Residential real estate   HELOC   Consumer   Total 
                                 
Pass (1 - 4)  $127,424   $107,918   $296,518   $64,388   $288,172   $44,751   $19,915   $949,086 
Special Mention (5)   394    2,930    4,899    
-
    
-
    
-
    
-
    8,223 
Substandard (6)   158    
-
    160    
-
    3,316    310    29    3,973 
Doubtful (7)   114    
-
    210    
-
    24    
-
    
-
    348 
Loss (8)   
 
    
 
    
 
    
 
    
 
    
 
    
 
    
 
 
Total Loans  $128,090   $110,848   $301,787   $64,388   $291,512   $45,061   $19,944   $961,630 

 

December 31, 2021  Commercial
& industrial		   Commercial
real estate -
owner
occupied		   Commercial
real estate -
nonowner
occupied		   Agricultural   Residential
real estate		   HELOC   Consumer   Total 
                                 
Pass (1 - 4)  $121,285   $111,232   $253,269   $57,403   $203,295   $41,218   $13,467   $801,169 
Special Mention (5)   659    7,571    5,694    
-
    
-
    
-
    
-
    13,924 
Substandard (6)   188    
-
    2,848    
-
    3,102    464    7    6,609 
Doubtful (7)   118    88    466    
-
    27    
-
    
-
    699 
Loss (8)   
-
    
-
    
-
    
-
    
-
    
-
    
-
    
-
 
Total Loans  $122,250   $118,891   $262,277   $57,403   $206,424   $41,682   $13,474   $822,401 

 
Schedule of loan portfolio aging analysis
($ in thousands)  30-59 Days   60-89 Days   Greater Than
90 Days		   Total Past       Total Loans 
December 31, 2022  Past Due   Past Due   Past Due   Due   Current   Receivable 
                         
Commercial & industrial  $23   $108   $114   $245   $127,845   $128,090 
Commercial real estate - owner occupied   
-
    
-
    
-
    
-
    110,848    110,848 
Commercial real estate - nonowner occupied   114    
-
    32    146    301,641    301,787 
Agricultural   
-
    
-
    
-
    
-
    64,388    64,388 
Residential real estate   98    411    1,287    1,796    289,716    291,512 
HELOC   98    24    138    260    44,801    45,061 
Consumer   61    26    22    109    19,835    19,944 
Total Loans  $394   $569   $1,593   $2,556   $959,074   $961,630 

 

   30-59 Days   60-89 Days   Greater Than
90 Days		   Total Past       Total Loans 
December 31, 2021  Past Due   Past Due   Past Due   Due   Current   Receivable 
                         
Commercial & industrial  $166   $25   $118   $309   $121,941   $122,250 
Commercial real estate - owner occupied   
-
    
-
    88    88    118,803    118,891 
Commercial real estate - nonowner occupied   221    233    246    700    261,577    262,277 
Agricultural   
-
    
-
    
-
    
-
    57,403    57,403 
Residential real estate   265    716    1,344    2,325    204,099    206,424 
HELOC   53    80    248    381    41,301    41,682 
Consumer   20    14    7    41    13,433    13,474 
Total Loans  $725   $1,068   $2,051   $3,844   $818,557   $822,401 

 
Schedule of impaired loan activity
($ in thousands)
Twelve Months Ended		  Recorded   Unpaid Principal   Related   Average Recorded   Interest Income 
December 31, 2022  Investment   Balance   Allowance   Investment   Recognized 
With no related allowance recorded:                    
Commercial & industrial  $204   $627   $
-
   $650   $34 
Commercial real estate - owner occupied   
-
    
-
    
-
    
-
    
-
 
Commercial real estate - nonowner occupied   347    825    
-
    1,350    94 
Agricultural   
-
    
-
    
-
    
-
    
-
 
Residential real estate   1,491    1,558    
-
    1,793    65 
HELOC   68    68         85    4 
Consumer   
-
    
-
    
-
    
-
    
-
 
With a specific allowance recorded:                         
Commercial & industrial   
-
    
-
    
-
    
-
    
-
 
Commercial real estate - owner occupied   
-
    
-
    
-
    
-
    
-
 
Commercial real estate - nonowner occupied   
-
    
-
    
-
    
-
    
-
 
Agricultural   
-
    
-
    
-
    
-
    
-
 
Residential real estate   1,372    1,372    138    1,424    43 
HELOC   46    46    2    51    2 
Consumer   
-
    
-
    
-
    
-
    
-
 
Totals:                         
Commercial & industrial  $204   $627   $
-
   $650   $34 
Commercial real estate - owner occupied  $
-
   $
-
   $
-
   $
-
   $
-
 
Commercial real estate - nonowner occupied  $347   $825   $
-
   $1,350   $94 
Agricultural  $
-
   $
-
   $
-
   $
-
   $
-
 
Residential real estate  $2,863   $2,930   $138   $3,217   $108 
HELOC  $114   $114   $2   $136   $6 
Consumer  $
-
   $
-
   $
-
   $
-
   $
-
 

 

($ in thousands)
Twelve Months Ended		  Recorded   Unpaid Principal   Related   Average Recorded   Interest Income 
December 31, 2021  Investment   Balance   Allowance   Investment   Recognized 
With no related allowance recorded:                    
Commercial & industrial  $118   $204   $
-
   $217   $2 
Commercial real estate - owner occupied   88    88    
-
    88    - 
Commercial real estate - nonowner occupied   223    223    
-
    357    28 
Agricultural   
-
    
-
    
-
    
-
    
-
 
Residential real estate   1,391    1,458    
-
    1,663    60 
HELOC   33    33         41    2 
Consumer   
-
    
-
    
-
    
-
    
-
 
With a specific allowance recorded:                         
Commercial & industrial   
-
    
-
    
-
    
-
    
-
 
Commercial real estate - owner occupied   
-
    
-
    
-
    
-
    
-
 
Commercial real estate - nonowner occupied   43    173    10    173    - 
Agricultural   
-
    
-
    
-
    
-
    
-
 
Residential real estate   916    916    120    933    20 
HELOC   102    102    3    124    5 
Consumer   
-
    
-
    
-
    
-
    
-
 
Totals:                         
Commercial & industrial  $118   $204   $
-
   $217   $2 
Commercial real estate - owner occupied  $88   $88   $
-
   $88   $- 
Commercial real estate - nonowner occupied  $266   $396   $10   $530   $28 
Agricultural  $
-
   $
-
   $
-
   $
-
   $
-
 
Residential real estate  $2,307   $2,374   $120   $2,596   $80 
HELOC  $135   $135   $3   $165   $7 
Consumer  $
-
   $
-
   $
-
   $
-
   $
-
 
Schedule of TDR activity
($ in thousands)  Number of
Loans		   Pre-
Modification
Recorded
Balance		   Post
Modification
Recorded
Balance		 
           2   $            42   $          42 
Total modifications   2   $42   $42 

 

   Interest
Only		   Term   Combination   Total
Modification		 
HELOC  $
                -
   $
                -
   $                42   $              42 
Total modifications  $
-
   $
-
   $42   $42 

 
Schedule of loans to directors and their related interests, including loans to companies for which directors are principal owners
($ in thousands)  2022   2021 
         
Balance at beginning of period  $     521   $     1,164 
Effect of change in compostioin of directors and executive officers   112    
-
 
New Term Loans   
-
    
-
 
Repayment of term loans   (53)   (46)
Changes in balances of revolving lines of credit   (59)   (597)
Balance at end of period  $521   $521