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Loans, Allowance For Loan Losses And OREO (Tables)

3 Months Ended

Mar. 31, 2020

Loans, Allowance For Loan Losses and OREO [Abstract]

Summary Of Loans, Net


	As of:
	March 31,		December 31,
	2020		2019

Commercial	$115,529		$114,257
Commercial real estate	302,562		303,900
Consumer	91,330		89,945
Residential	66,712		70,001

       Total loans (1)	576,133		578,103

Less allowance for loan losses	5,474		4,829

       Net loans	$570,659		$573,274

(1) Includes net deferred costs and premiums of $550 and $572 as of March 31, 2020 and December 31, 2019, respectively.

Loans On Non-Accrual Status


Loans on Non-Accrual Status
(dollars in thousands)
	As of
	March 31, 2020	December 31, 2019
Commercial	$331	$262
Commercial Real Estate:
   Commercial Mortgages-Owner Occupied	392	262
   Commercial Mortgages-Non-Owner Occupied	453	450
   Commercial Construction	-	-
Consumer
   Consumer Unsecured	-	-
   Consumer Secured	33	47
Residential:
   Residential Mortgages	245	280
   Residential Consumer Construction	-	-

     Totals	$1,454	$1,301



Changes In OREO Balance



OREO Changes
(dollars in thousands)
	Three Months Ended	Year Ended
	March 31, 2020	December 31, 2019
Balance at the beginning of the year (net)	$2,339	$2,430
Transfers from loans	18	785
Capitalized costs	-	-
Valuation adjustments	(102)	(287)
Sales proceeds	(500)	(570)
(Gain) loss on disposition	6	(19)
Balance at the end of the period (net)	$1,761	$2,339



Impaired Loans



		Impaired Loans
		(dollars in thousands)
		As of and For the the Three Months Ended March 31, 2020
				Unpaid				Average		Interest
		Recorded		Principal		Related		Recorded		Income
2020		Investment		Balance		Allowance		Investment		Recognized
With No Related Allowance Recorded:
	Commercial	$                  456		$                1,038		$                    -		$            462		$                5
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	5,697		6,083		-		4,082		84
	Commercial Mortgage Non-Owner Occupied	549		570		-		556		15
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		-		-
	Consumer Secured	267		267		-		187		2
	Residential
	Residential Mortgages	1,382		1,444		-		1,336		17
	Residential Consumer Construction	-		-		-		-		-

With an Allowance Recorded:
	Commercial	$                      7		$                       7		$                    7		$                7		$                 -
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	-		-		-		6		-
	Commercial Mortgage Non-Owner Occupied	13		13		-		14		-
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		-		-
	Consumer Secured	-		-		-		-		-
	Residential
	Residential Mortgages	-		-		-		70		-
	Residential Consumer Construction	-		-		-		-		-

Totals:
	Commercial	$                  463		$                1,045		$                    7		$            469		$                5
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	5,697		6,083		-		4,088		84
	Commercial Mortgage Non-Owner Occupied	562		583		-		570		15
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		-		-
	Consumer Secured	267		267		-		187		2
	Residential
	Residential Mortgages	1,382		1,444		-		1,406		17
	Residential Consumer Construction	-		-		-		-		-
		$               8,371		$                9,422		$                    7		$         6,720		$            123



Note 8 – Loans, allowance for loan losses and OREO (continued)





		Impaired Loans
		(dollars in thousands)
		As of and For the the Year Ended December 31, 2019
				Unpaid				Average		Interest
		Recorded		Principal		Related		Recorded		Income
2019		Investment		Balance		Allowance		Investment		Recognized
With No Related Allowance Recorded:
	Commercial	$                  468		$                1,036		$                    -		$            949		$               26
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	2,467		2,643		-		2,441		183
	Commercial Mortgage Non-Owner Occupied	563		585		-		347		32
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		-		-
	Consumer Secured	107		107		-		98		7
	Residential
	Residential Mortgages	1,290		1,290		-		1,583		68
	Residential Consumer Construction	-		-		-		-		-

With an Allowance Recorded:
	Commercial	$                      7		$                       7		$                    7		$              19		$                 1
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	12		12		12		26		1
	Commercial Mortgage Non-Owner Occupied	14		14		3		52		1
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		1		-
	Consumer Secured	-		-		-		53		-
	Residential
	Residential Mortgages	139		158		33		257		4
	Residential Consumer Construction	-		-		-		-		-

Totals:
	Commercial	$                  475		$                1,043		$                    7		$            968		$               27
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	2,479		2,655		12		2,467		184
	Commercial Mortgage Non-Owner Occupied	577		599		3		399		33
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		1		-
	Consumer Secured	107		107		-		151		7
	Residential
	Residential Mortgages	1,429		1,448		33		1,840		72
	Residential Consumer Construction	-		-		-		-		-
		$               5,067		$                5,852		$                  55		$         5,826		$             323



Allowance For Loan Losses And Recorded Investment In Loans





	Allowance for Loan Losses and Recorded Investment in Loans
	(dollars in thousands)
	As of and For the Three Months Ended March 31, 2020

			Commercial
2020	Commercial		Real Estate		Consumer		Residential		Total

Allowance for Credit Losses:

Beginning Balance	$          1,330		$                 1,932		$            865		$              702		$         4,829
     Charge-Offs	-		(211)		(8)		(41)		(260)
     Recoveries	4		-		12		1		17
     Provision	219		534		108		27		888
Ending Balance	1,553		2,255		977		689		5,474

Ending Balance: Individually evaluated for impairment	7		-		-		-		7

Ending Balance: Collectively evaluated for impairment	1,546		2,255		977		689		5,467

Totals:	$          1,553		$                 2,255		$            977		$              689		$         5,474

Financing Receivables:
Ending Balance: Individually evaluated for impairment	463		6,259		267		1,382		8,371

Ending Balance: Collectively evaluated for impairment	115,066		296,303		91,063		65,330		567,762

Totals:	$      115,529		$             302,562		$       91,330		$         66,712		$     576,133











Note 8 – Loans, allowance for loan losses and OREO (continued)





	Allowance for Loan Losses and Recorded Investment in Loans
	(dollars in thousands)
	As of and For the Year Ended December 31, 2019

			Commercial
2019	Commercial		Real Estate		Consumer		Residential		Total

Allowance for Credit Losses:

Beginning Balance	$          1,136		$                 1,831		$            956		$              658		$         4,581
     Charge-Offs	(106)		(26)		(189)		(42)		(363)
     Recoveries	35		5		44		4		88
     Provision	265		122		54		82		523
Ending Balance	1,330		1,932		865		702		4,829

Ending Balance: Individually evaluated for impairment	7		15		-		33		55

Ending Balance: Collectively evaluated for impairment	1,323		1,917		865		669		4,774

Totals:	$          1,330		$                 1,932		$            865		$              702		$         4,829

Financing Receivables:
Ending Balance: Individually evaluated for impairment	475		3,056		107		1,429		5,067

Ending Balance: Collectively evaluated for impairment	113,782		300,844		89,838		68,572		573,036

Totals:	$      114,257		$             303,900		$       89,945		$         70,001		$     578,103



Age Analysis Of Past Due Financing Receivables


	Age Analysis of Past Due Loans as of
	March 31, 2020
	(dollars in thousands)
			Greater				Recorded Investment
	30-59 Days	60-89 Days	than	Total Past		Total	> 90 Days &
2020	Past Due	Past Due	90 Days	Due	Current	Loans	Accruing
Commercial	$931	$182	$110	$1,223	$114,306	$115,529	$     -
Commercial Real Estate:
Commercial Mortgages-   Owner Occupied	3,596	291	273	4,160	99,213	103,373	-
Commercial Mortgages-Non-Owner Occupied	551	-	427	978	181,485	182,463	-
      Commercial Construction	288	-	-	288	16,438	16,726	-
Consumer:
   Consumer Unsecured	41	-	-	41	6,431	6,472	-
   Consumer Secured	543	216	-	759	84,099	84,858	-
Residential:
   Residential Mortgages	941	561	245	1,747	51,239	52,986	-
   Residential Consumer Construction	-	-	-	-	13,726	13,726	-
Total	$6,891	$1,250	$1,055	$9,196	$566,937	$576,133	$  -




	Age Analysis of Past Due Loans as of
	December 31, 2019
	(dollars in thousands)
				Greater				Recorded Investment
	30-59 Days	60-89 Days		than	Total Past		Total	> 90 Days &
2019	Past Due	Past Due		90 Days	Due	Current	Loans	Accruing
Commercial	$146	$1,084		$116	$1,346	$112,911	$114,257	$             -
Commercial Real Estate:
Commercial Mortgages-Owner Occupied	234	192		143	569	104,223	104,792	-
Commercial Mortgages-Non-Owner Occupied	58	9		450	517	181,730	182,247	-
   Commercial Construction	-	-		-	-	16,861	16,861	-
Consumer:
   Consumer Unsecured	52	3		-	55	6,812	6,867	-
   Consumer Secured	316	130		21	467	82,611	83,078	-
Residential:
   Residential Mortgages	595	576		280	1,451	53,833	55,284	-
Residential Consumer Construction	492	-		-	492	14,225	14,717	-
Total	$1,893	$1,994		$1,010	$4,897	$573,206	$578,103	$            -



Credit Quality Information-By Class




		Credit Quality Information - by Class
		March 31, 2020
		(dollars in thousands)
2020		Pass	Monitor	Special	Substandard	Doubtful	Totals
				Mention
Commercial		$110,389	$1,301	$3,335	$504	$   -	$115,529
Commercial Real Estate:
       Commercial Mortgages-Owner Occupied		92,250	986	4,441	5,696	-	103,373
Commercial Mortgages-Non-Owner Occupied		176,154	4,682	983	644	-	182,463
Commercial Construction		16,726	-	-	-	-	16,726
Consumer
Consumer Unsecured		6,430	-	-	42	-	6,472
Consumer Secured		84,491	-	-	367	-	84,858
Residential:
Residential Mortgages		51,465	-	-	1,521	-	52,986
Residential Consumer Construction		13,366	360	-	-	-	13,726

Totals		$551,271	$7,329	$8,759	$8,774	$   -	$576,133







		Credit Quality Information - by Class
		December 31, 2019
		(dollars in thousands)
2019		Pass	Monitor	Special	Substandard	Doubtful	Totals
				Mention
Commercial		$108,907	$313	$4,518	$519	$    -	$114,257
Commercial Real Estate:
Commercial Mortgages-Owner Occupied		93,553	446	8,316	2,477	-	104,792
Commercial Mortgages-Non -Owner Occupied		175,471	5,118	994	664	-	182,247
Commercial Construction		16,572	289	-	-	-	16,861
Consumer
Consumer Unsecured		6,867	-	-	-	-	6,867
Consumer Secured		82,860	-	-	218	-	83,078
Residential:
Residential Mortgages		53,714	-	-	1,570	-	55,284
Residential Consumer Construction		14,416	301	-	-	-	14,717

Totals		$552,360	$6,467	$13,828	$5,448	$-	$578,103



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