XML 28 R17.htm IDEA: XBRL DOCUMENT v3.21.1
Loan and Allowance for Loan Losses (Tables)
3 Months Ended
Mar. 31, 2021
Loans And Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
March 31,
December 31,
(Dollars in thousands)
2021
2020
Commercial and industrial
$
88,687
$
82,585
Construction and land development
30,332
33,514
Commercial real estate:
Owner occupied
52,257
54,033
Hotel/motel
48,268
42,900
Multi-family
37,936
40,203
Other
116,270
118,000
Total commercial real estate
254,731
255,136
Residential real estate:
Consumer mortgage
33,651
35,027
Investment property
49,197
49,127
Total residential real estate
82,848
84,154
Consumer installment
6,524
7,099
Total loans
463,122
462,488
Less: unearned income
(1,243)
(788)
Loans, net of unearned income
$
461,879
$
461,700
Past Due Financing Receivables [Table Text Block]
Accruing
Accruing
Total
30-89 Days
Greater than
Accruing
Non-
Total
 
(Dollars in thousands)
Current
Past Due
90 days
Loans
Accrual
Loans
March 31, 2021:
Commercial and industrial
$
88,645
42
88,687
$
88,687
Construction and land development
30,322
10
30,332
30,332
Commercial real estate:
Owner occupied
52,257
52,257
52,257
Hotel/motel
48,268
48,268
48,268
Multi-family
37,936
37,936
37,936
Other
115,884
180
116,064
206
116,270
Total commercial real estate
254,345
180
254,525
206
254,731
Residential real estate:
Consumer mortgage
32,783
394
33,177
474
33,651
Investment property
49,089
5
49,094
103
49,197
Total residential real estate
81,872
399
82,271
577
82,848
Consumer installment
6,488
36
6,524
6,524
Total
$
461,672
667
462,339
783
$
463,122
December 31, 2020:
Commercial and industrial
$
82,355
230
82,585
$
82,585
Construction and land development
33,453
61
33,514
33,514
Commercial real estate:
Owner occupied
54,033
54,033
54,033
Hotel/motel
42,900
42,900
42,900
Multi-family
40,203
40,203
40,203
Other
117,759
29
117,788
212
118,000
Total commercial real estate
254,895
29
254,924
212
255,136
Residential real estate:
Consumer mortgage
33,169
1,503
140
34,812
215
35,027
Investment property
49,014
6
49,020
107
49,127
Total residential real estate
82,183
1,509
140
83,832
322
84,154
Consumer installment
7,069
29
1
7,099
7,099
Total
$
459,955
1,858
141
461,954
534
$
462,488
Allowance for Credit Losses on Financing Receivables [Table Text Block]
March 31, 2021
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
Beginning balance
$
807
594
3,169
944
104
$
5,618
Charge-offs
(5)
(5)
Recoveries
2
50
13
4
69
Net recoveries
2
50
13
(1)
64
Provision for loan losses
19
(43)
40
(6)
(10)
Ending balance
$
828
551
3,259
951
93
$
5,682
March 31, 2020
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
Beginning balance
$
577
569
2,289
813
138
$
4,386
Charge-offs
(5)
(5)
Recoveries
53
31
2
86
Net (charge-offs) recoveries
53
31
(3)
81
Provision for loan losses
45
13
307
33
2
400
Ending balance
$
675
582
2,596
877
137
$
4,867
Financing Receivable Allowance for Credit Loss Additional Information [Table Text Block]
Collectively evaluated (1)
Individually evaluated (2)
Total
Allowance
Recorded
Allowance
Recorded
Allowance
Recorded
for loan
investment
for loan
investment
for loan
investment
(Dollars in thousands)
losses
in loans
losses
in loans
losses
in loans
March 31, 2021:
Commercial and industrial (3)
$
828
88,687
828
88,687
Construction and land development
551
30,332
551
30,332
Commercial real estate
3,259
254,525
206
3,259
254,731
Residential real estate
951
82,745
103
951
82,848
Consumer installment
93
6,524
93
6,524
Total
$
5,682
462,813
309
5,682
463,122
March 31, 2020:
Commercial and industrial
$
675
56,447
675
56,447
Construction and land development
582
32,302
582
32,302
Commercial real estate
2,596
256,099
2,596
256,099
Residential real estate
877
91,010
877
91,010
Consumer installment
137
8,424
137
8,424
Total
$
4,867
444,282
4,867
444,282
(1)
Represents loans collectively evaluated for impairment in accordance
 
with ASC 450-20,
Loss Contingencies
, and
 
pursuant to amendments by ASU 2010-20 regarding allowance for
 
non-impaired loans.
(2)
Represents loans individually evaluated for impairment in accordance
 
with ASC 310-30,
Receivables
, and
 
pursuant to amendments by ASU 2010-20 regarding allowance for
 
impaired loans.
(3)
Includes $28.7 million of PPP loans for which no loan loss reserve
 
was allocated due to 100% SBA guarantee.
Financing Receivable Credit Quality Indicators [Table Text Block]
(Dollars in thousands)
 
Pass
 
Special
Mention
Substandard
Accruing
Nonaccrual
Total loans
March 31, 2021:
 
Commercial and industrial
$
86,376
2,012
299
$
88,687
Construction and land development
30,085
247
30,332
Commercial real estate:
Owner occupied
50,091
2,029
137
52,257
Hotel/motel
40,452
7,816
48,268
Multi-family
34,406
3,530
37,936
Other
114,809
1,219
36
206
116,270
Total commercial real estate
239,758
14,594
173
206
254,731
Residential real estate:
Consumer mortgage
31,108
320
1,749
474
33,651
Investment property
48,465
286
343
103
49,197
Total residential real estate
79,573
606
2,092
577
82,848
Consumer installment
6,509
6
9
6,524
Total
$
442,301
17,218
2,820
783
$
463,122
December 31, 2020:
Commercial and industrial
$
79,984
2,383
218
$
82,585
Construction and land development
33,260
254
33,514
Commercial real estate:
Owner occupied
51,265
2,627
141
54,033
Hotel/motel
35,084
7,816
42,900
Multi-family
36,673
3,530
40,203
Other
116,498
1,243
47
212
118,000
Total commercial real estate
239,520
15,216
188
212
255,136
Residential real estate:
Consumer mortgage
32,518
397
1,897
215
35,027
Investment property
48,501
187
332
107
49,127
Total residential real estate
81,019
584
2,229
322
84,154
Consumer installment
7,069
7
23
7,099
Total
$
440,852
18,190
2,912
534
$
462,488
Impaired Financing Receivables [Table Text Block]
March 31, 2021
(Dollars in thousands)
Unpaid principal
balance (1)
Charge-offs and
payments applied
(2)
Recorded
investment (3)
Related allowance
With no allowance recorded:
Commercial real estate:
Other
$
214
(8)
206
$
Total commercial real estate
214
(8)
206
Residential real estate:
Investment property
106
(3)
103
Total residential real estate
106
(3)
103
Total
 
impaired loans
$
320
(11)
309
$
(1) Unpaid principal balance represents the contractual obligation due
 
from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments
 
that have been
applied against the outstanding principal balance subsequent to the loans
 
being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less
 
charge-offs and payments applied; it is shown before
 
any related allowance for loan losses.
December 31, 2020
(Dollars in thousands)
Unpaid principal
balance (1)
Charge-offs and
payments applied
(2)
Recorded
investment (3)
Related allowance
With no allowance recorded:
Commercial real estate:
Other
216
(4)
212
$
Total commercial real estate
216
(4)
212
Residential real estate:
Investment property
109
(2)
107
Total residential real estate
109
(2)
107
Total
 
impaired loans
$
325
(6)
319
$
(1) Unpaid principal balance represents the contractual obligation due
 
from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments
 
that have been
applied against the outstanding principal balance subsequent to the loans
 
being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less
 
charge-offs and payments applied; it is shown before
 
any related allowance for loan losses.
Schedule Of Average Impaired Financing Receivable [Table Text Block]
Quarter ended March 31, 2021
Quarter ended March 31, 2020
Average
Total interest
Average
Total interest
recorded
income
recorded
income
(Dollars in thousands)
investment
recognized
investment
recognized
Impaired loans:
Commercial real estate:
Other
$
208
$
Total commercial real estate
208
Residential real estate:
Investment property
104
Total residential real estate
104
Total
 
$
312
$
Troubled Debt Restructurings on Financing Receivables, Accrual Status [Table Text Block]
TDRs
Related
(Dollars in thousands)
Accruing
Nonaccrual
Total
Allowance
March 31, 2021
Commercial real estate:
Other
$
206206
$
Total commercial real estate
206206
Residential real estate:
Investment property
103103
Total residential real estate
103103
Total
 
$
309309
$
TDRs
Related
(In thousands)
Accruing
Nonaccrual
Total
Allowance
December 31, 2020
Commercial real estate:
Other
$
212212
$
Total commercial real estate
212212
Investment property
107107
Total residential real estate
107107
Total
 
$
319319
$