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Loan and Allowance for Loan Losses (Tables)
9 Months Ended
Sep. 30, 2021
Loans And Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
September 30,
December 31,
(Dollars in thousands)
2021
2020
Commercial and industrial
$
79,202
$
82,585
Construction and land development
34,890
33,514
Commercial real estate:
Owner occupied
57,138
54,033
Hotel/motel
44,412
42,900
Multi-family
41,291
40,203
Other
109,957
118,000
Total commercial real estate
252,798
255,136
Residential real estate:
Consumer mortgage
32,558
35,027
Investment property
47,647
49,127
Total residential real estate
80,205
84,154
Consumer installment
7,060
7,099
Total loans
454,155
462,488
Less: unearned income
(923)
(788)
Loans, net of unearned income
$
453,232
$
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
September 30, 2021:
Commercial and industrial
$
79,134
68
79,202
$
79,202
Construction and land development
34,890
34,890
34,890
Commercial real estate:
Owner occupied
57,138
57,138
57,138
Hotel/motel
44,412
44,412
44,412
Multi-family
41,291
41,291
41,291
Other
109,764
109,764
193
109,957
Total commercial real estate
252,605
252,605
193
252,798
Residential real estate:
Consumer mortgage
32,273
16
69
32,358
200
32,558
Investment property
47,161
393
47,554
93
47,647
Total residential real estate
79,434
409
69
79,912
293
80,205
Consumer installment
7,035
25
7,060
7,060
Total
$
453,098
502
69
453,669
486
$
454,155
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]
September 30, 2021
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
Beginning balance
$
829
639
2,704
838
97
$
5,107
Charge-offs
Recoveries
1
7
4
12
Net recoveries
1
7
4
12
Provision for loan losses
(14)
(49)
119
(46)
(10)
Ending balance
$
816
590
2,823
799
91
$
5,119
Nine months ended:
Beginning balance
$
807
594
3,169
944
104
$
5,618
Charge-offs
(1)
(5)
(6)
Recoveries
55
33
19
107
Net recoveries
55
32
14
101
Provision for loan losses
(46)
(4)
(346)
(177)
(27)
(600)
Ending balance
$
816
590
2,823
799
91
$
5,119
September 30, 2020
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
Beginning balance
$
679
613
2,915
954
147
$
5,308
Charge-offs
(4)
(4)
Recoveries
8
8
5
21
Net recoveries
8
8
1
17
Provision for loan losses
111
(31)
205
(8)
(27)
250
Ending balance
$
798
582
3,120
954
121
$
5,575
Nine months ended:
Beginning balance
$
577
569
2,289
813
138
$
4,386
Charge-offs
(4)
 
 
 
(36)
(40)
Recoveries
63
 
 
53
13
129
Net recoveries (charge-offs)
59
 
 
53
(23)
89
Provision for loan losses
162
13
831
88
6
1,100
Ending balance
$
798
582
3,120
954
121
$
5,575
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
September 30, 2021:
Commercial and industrial (3)
$
816
79,202
816
79,202
Construction and land development
590
34,890
590
34,890
Commercial real estate
2,823
252,605
193
2,823
252,798
Residential real estate
799
80,112
93
799
80,205
Consumer installment
91
7,060
91
7,060
Total
$
5,119
453,869
286
5,119
454,155
September 30, 2020:
Commercial and industrial (4)
$
798
98,244
798
98,244
Construction and land development
582
31,651
582
31,651
Commercial real estate
3,120
250,776
216
3,120
250,992
Residential real estate
954
84,943
111
954
85,054
Consumer installment
121
7,731
121
7,731
Total
$
5,575
473,345
327
5,575
473,672
(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 $13.3 million of PPP loans for which no allowance
 
for loan losses was allocated due to 100% SBA guarantee.
(4)
Includes $36.5 million of PPP loans for which no allowance
 
for loan losses 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
September 30, 2021:
 
Commercial and industrial
$
78,786
142
274
$
79,202
Construction and land development
34,656
3
231
34,890
Commercial real estate:
Owner occupied
55,570
1,438
130
57,138
Hotel/motel
36,649
7,763
44,412
Multi-family
37,765
3,526
41,291
Other
107,818
1,904
42
193
109,957
Total commercial real estate
237,802
14,631
172
193
252,798
Residential real estate:
Consumer mortgage
30,516
317
1,525
200
32,558
Investment property
47,095
136
323
93
47,647
Total residential real estate
77,611
453
1,848
293
80,205
Consumer installment
7,036
5
19
7,060
Total
$
435,891
15,234
2,544
486
$
454,155
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]
September 30, 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
$
208
(15)
193
$
Total commercial real estate
208
(15)
193
Residential real estate:
Investment property
101
(8)
93
Total residential real estate
101
(8)
93
Total
 
impaired loans
$
309
(23)
286
$
(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 September 30, 2021
Nine months ended September 30, 2021
Average
Total interest
Average
Total interest
recorded
income
recorded
income
(Dollars in thousands)
investment
recognized
investment
recognized
Impaired loans:
Commercial real estate:
Other
$
196
202
Total commercial real estate
196
202
Residential real estate:
Investment property
95
100
Total residential real estate
95
100
Total
 
$
291
302
Quarter ended September 30, 2020
Nine months ended September 30, 2020
Average
Total interest
Average
Total interest
recorded
income
recorded
income
(Dollars in thousands)
investment
recognized
investment
recognized
Impaired loans:
Commercial real estate:
Other
$
217
87
Total commercial real estate
217
87
Residential real estate:
Investment property
111
44
Total residential real estate
111
44
Total
 
$
328
131
Troubled Debt Restructurings on Financing Receivables, Accrual Status [Table Text Block]
TDRs
Related
(Dollars in thousands)
Accruing
Nonaccrual
Total
Allowance
September 30, 2021
Commercial real estate:
Other
$
193
193
$
Total commercial real estate
193
193
Residential real estate:
Investment property
93
93
$
Total residential real estate
93
93
Total
 
$
286
286
$
TDRs
Related
(In thousands)
Accruing
Nonaccrual
Total
Allowance
December 31, 2020
Commercial real estate:
Other
$
212
212
$
Total commercial real estate
212
212
Investment property
107
107
Total residential real estate
107
107
Total
 
$
319
319
$
Troubled Debt Restructuring Modifications [Table Text Block]
Quarter ended September 30,
Nine months ended September 30,
 
Pre-
Post -
Pre-
Post -
modification
modification
modification
modification
Number
outstanding
outstanding
Number
outstanding
outstanding
of
recorded
recorded
of
recorded
recorded
(Dollars in thousands)
contracts
investment
investment
contracts
investment
investment
2020:
Commercial real estate:
Other
$
1
$
216
216
Total commercial real estate
1
216
216
Residential real estate:
Investment property
3
111
111
Total residential real estate
3
111
111
Total
 
$
4
$
327
327