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Loan and Allowance for Loan Losses (Tables)
3 Months Ended
Mar. 31, 2022
Loans And Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
March 31,
December 31,
(Dollars in thousands)
2022
2021
Commercial and industrial
$
73,297
$
83,977
Construction and land development
33,058
32,432
Commercial real estate:
Owner occupied
59,429
63,375
Hotel/motel
37,377
43,856
Multi-family
25,253
42,587
Other
113,003
108,553
Total commercial real estate
235,062
258,371
Residential real estate:
Consumer mortgage
30,182
29,781
Investment property
48,920
47,880
Total residential real estate
79,102
77,661
Consumer installment
8,412
6,682
Total loans
428,931
459,123
Less: unearned income
(514)
(759)
Loans, net of unearned income
$
428,417
$
458,364
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, 2022:
Commercial and industrial
$
73,290
7
73,297
$
73,297
Construction and land development
33,057
1
33,058
33,058
Commercial real estate:
Owner occupied
59,429
59,429
59,429
Hotel/motel
37,377
37,377
37,377
Multi-family
25,253
25,253
25,253
Other
112,821
112,821
182
113,003
Total commercial real estate
234,880
234,880
182
235,062
Residential real estate:
Consumer mortgage
29,600
393
29,993
189
30,182
Investment property
48,817
103
48,920
48,920
Total residential real estate
78,417
496
78,913
189
79,102
Consumer installment
8,397
15
8,412
8,412
Total
$
428,041
519
428,560
371
$
428,931
December 31, 2021:
Commercial and industrial
$
83,974
3
83,977
$
83,977
Construction and land development
32,228
204
32,432
32,432
Commercial real estate:
Owner occupied
63,375
63,375
63,375
Hotel/motel
43,856
43,856
43,856
Multi-family
42,587
42,587
42,587
Other
108,366
108,366
187
108,553
Total commercial real estate
258,184
258,184
187
258,371
Residential real estate:
Consumer mortgage
29,070
516
29,586
195
29,781
Investment property
47,818
47,818
62
47,880
Total residential real estate
76,888
516
77,404
257
77,661
Consumer installment
6,657
25
6,682
6,682
Total
$
457,931
748
458,679
444
$
459,123
Allowance for Credit Losses on Financing Receivables [Table Text Block]
March 31, 2022
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
Beginning balance
$
857
518
2,739
739
86
$
4,939
Charge-offs
(48)
(48)
Recoveries
2
7
8
17
Net recoveries (charge-offs)
2
7
(40)
(31)
Provision for loan losses
(85)
(10)
(203)
(9)
57
(250)
Ending balance
$
774
508
2,536
737
103
$
4,658
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 (charge-offs)
2
50
13
(1)
64
Provision for loan losses
19
(43)
40
(6)
(10)
Ending balance
$
828
551
3,259
951
93
$
5,682
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, 2022:
Commercial and industrial (3)
$
774
73,297
774
73,297
Construction and land development
508
33,058
508
33,058
Commercial real estate
2,536
234,880
182
2,536
235,062
Residential real estate
737
79,102
737
79,102
Consumer installment
103
8,412
103
8,412
Total
$
4,658
428,749
182
4,658
428,931
March 31, 2021:
Commercial and industrial (4)
$
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
(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 $4.1 million of PPP loans for which no
 
allowance for loan losses was allocated due to
 
100% SBA guarantee.
(4)
Includes $28.7 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
March 31, 2022:
 
Commercial and industrial
$
73,060
22
215
$
73,297
Construction and land development
33,044
1
13
33,058
Commercial real estate:
Owner occupied
59,060
247
122
59,429
Hotel/motel
37,377
37,377
Multi-family
25,253
25,253
Other
111,785
1,008
28
182
113,003
Total commercial real estate
233,475
1,255
150
182
235,062
Residential real estate:
Consumer mortgage
28,136
449
1,408
189
30,182
Investment property
48,640
96
184
48,920
Total residential real estate
76,776
545
1,592
189
79,102
Consumer installment
8,389
15
8
8,412
Total
$
424,744
1,838
1,978
371
$
428,931
December 31, 2021:
Commercial and industrial
$
83,725
26
226
$
83,977
Construction and land development
32,212
2
218
32,432
Commercial real estate:
Owner occupied
61,573
1,675
127
63,375
Hotel/motel
36,162
7,694
43,856
Multi-family
39,093
3,494
42,587
Other
107,426
911
29
187
108,553
Total commercial real estate
244,254
13,774
156
187
258,371
Residential real estate:
Consumer mortgage
27,647
452
1,487
195
29,781
Investment property
47,459
98
261
62
47,880
Total residential real estate
75,106
550
1,748
257
77,661
Consumer installment
6,650
20
12
6,682
Total
$
441,947
14,372
2,360
444
$
459,123
Impaired Financing Receivables [Table Text Block]
March 31, 2022
(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
$
202
(20)
182
$
Total commercial real estate
202
(20)
182
Total
 
impaired loans
$
202
(20)
182
$
(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, 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
$
205
(18)
187
$
Total commercial real estate
205
(18)
187
Residential real estate:
Investment property
68
(6)
62
Total residential real estate
68
(6)
62
Total
 
impaired loans
$
273
(24)
249
$
(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, 2022
Quarter ended March 31, 2021
Average
Total interest
Average
Total interest
recorded
income
recorded
income
(Dollars in thousands)
investment
recognized
investment
recognized
Impaired loans:
Commercial real estate:
Other
$
236
208
$
Total commercial real estate
236
208
Residential real estate:
Investment property
15
104
Total residential real estate
15
104
Total
 
$
251
312
$
Troubled Debt Restructurings on Financing Receivables, Accrual Status [Table Text Block]
TDRs
Related
(Dollars in thousands)
Accruing
Nonaccrual
Total
Allowance
March 31, 2022
Commercial real estate:
Other
$
182
182
$
Total commercial real estate
182
182
Total
 
$
182
182
$
TDRs
Related
(In thousands)
Accruing
Nonaccrual
Total
Allowance
December 31, 2021
Commercial real estate:
Other
$
187
187
$
Total commercial real estate
187
187
Investment property
62
62
Total residential real estate
62
62
Total
 
$
249
249
$