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Loans, Allowance For Loan Losses And OREO (Tables)

6 Months Ended

Jun. 30, 2020

Loans, Allowance For Loan Losses and OREO [Abstract]

Summary Of Loans, Net


	As of:
	June 30,		December 31,
	2020		2019

Commercial	$175,646		$114,257
Commercial real estate	301,700		303,900
Consumer	87,155		89,945
Residential	65,256		70,001

       Total loans (1)	629,757		578,103

Less allowance for loan losses	6,193		4,829

       Net loans	$623,564		$573,274

(1) Includes net deferred (fees) and costs/premiums of ($1,429) and $572 as of June 30, 2020 and December 31, 2019, respectively.

Loans On Non-Accrual Status


Loans on Non-Accrual Status
(dollars in thousands)
	As of
	June 30, 2020	December 31, 2019
Commercial	$313	$262
Commercial Real Estate:
   Commercial Mortgages-Owner Occupied	3,970	262
   Commercial Mortgages-Non-Owner Occupied	447	450
   Commercial Construction	-	-
Consumer
   Consumer Unsecured	-	-
   Consumer Secured	284	47
Residential:
   Residential Mortgages	171	280
   Residential Consumer Construction	-	-

     Totals	$5,185	$1,301



Changes In OREO Balance



OREO Changes
(dollars in thousands)
	Six Months Ended	Year Ended
	June 30, 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	(645)	(570)
(Gain) loss on disposition	6	(19)
Balance at the end of the period (net)	$1,616	$2,339



Impaired Loans



		Impaired Loans
		(dollars in thousands)
		As of and For the Six Months Ended June 30, 2020
				Unpaid				Average		Interest
		Recorded		Principal		Related		Recorded		Income
2020		Investment		Balance		Allowance		Investment		Recognized
With No Related Allowance Recorded:
	Commercial	$                  588		$                1,181		$                    -		$            528		$               19
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	4,503		4,970		-		3,485		92
	Commercial Mortgage Non-Owner Occupied	556		582		-		560		21
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		-		-
	Consumer Secured	266		266		-		187		6
	Residential
	Residential Mortgages	1,365		1,428		-		1,328		34
	Residential Consumer Construction	-		-		-		-		-

With an Allowance Recorded:
	Commercial	$                    88		$                     88		$                  66		$              48		$                  -
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	822		850		240		417		3
	Commercial Mortgage Non-Owner Occupied	-		-		-		7		-
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		-		-
	Consumer Secured	-		-		-		-		-
	Residential
	Residential Mortgages	-		-		-		70		-
	Residential Consumer Construction	-		-		-		-		-

Totals:
	Commercial	$                  676		$                1,269		$                  66		$            576		$               19
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied	5,325		5,820		240		3,902		95
	Commercial Mortgage Non-Owner Occupied	556		582		-		567		21
	Commercial Construction	-		-		-		-		-
	Consumer
	Consumer Unsecured	-		-		-		-		-
	Consumer Secured	266		266		-		187		6
	Residential
	Residential Mortgages	1,365		1,428		-		1,398		34
	Residential Consumer Construction	-		-		-		-		-
		$               8,188		$                9,365		$                306		$         6,630		$             175



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





		Impaired Loans
		(dollars in thousands)
		As of and For 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 Six Months Ended June 30, 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	(69)		(211)		(8)		(51)		(339)
     Recoveries	7		24		22		2		55
     Provision	812		924		(68)		(20)		1,648
Ending Balance	2,080		2,669		811		633		6,193

Ending Balance: Individually evaluated for impairment	66		240		-		-		306

Ending Balance: Collectively evaluated for impairment	2,014		2,429		811		633		5,887

Totals:	$          2,080		$                 2,669		$            811		$              633		$         6,193

Financing Receivables:
Ending Balance: Individually evaluated for impairment	676		5,881		266		1,365		8,188

Ending Balance: Collectively evaluated for impairment	174,970		295,819		86,889		63,891		621,569

Totals:	$      175,646		$             301,700		$       87,155		$         65,256		$     629,757











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
	June 30, 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	$521	$284	$185	$990	$174,656	$175,646	$     -
Commercial Real Estate:
Commercial Mortgages-   Owner Occupied	230	587	3,854	4,671	99,691	104,362	-
Commercial Mortgages-Non-Owner Occupied	550	157	422	1,129	176,015	177,144	-
      Commercial Construction	-	-	-	-	20,194	20,194	-
Consumer:
   Consumer Unsecured	14	-	-	14	4,880	4,894	-
   Consumer Secured	458	9	253	720	81,541	82,261	-
Residential:
   Residential Mortgages	835	-	171	1,006	49,367	50,373	-
   Residential Consumer Construction	-	-	-	-	14,883	14,883	-
Total	$2,608	$1,037	$4,885	$8,530	$621,227	$629,757	$  -




	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
		June 30, 2020
		(dollars in thousands)
2020		Pass	Monitor	Special	Substandard	Doubtful	Totals
				Mention
Commercial		$161,709	$4,918	$8,426	$593	$   -	$175,646
Commercial Real Estate:
       Commercial Mortgages-Owner Occupied		93,318	1,276	4,436	5,332	-	104,362
Commercial Mortgages-Non-Owner Occupied		170,078	5,637	793	636	-	177,144
Commercial Construction		20,194	-	-	-	-	20,194
Consumer
Consumer Unsecured		4,854	-	-	40	-	4,894
Consumer Secured		81,833	-	-	428	-	82,261
Residential:
Residential Mortgages		48,531	409	-	1,433	-	50,373
Residential Consumer Construction		14,883	-	-	-	-	14,883

Totals		$595,400	$12,240	$13,655	$8,462	$   -	$629,757







		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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