XML 35 R25.htm IDEA: XBRL DOCUMENT v3.21.1
Loans And Allowance For Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2021
Loans, Allowance For Loan Losses And OREO [Abstract]  
Summary Of Loans, Net



 

 

 



As of:



March 31,

 

December 31,



2021

 

2020



 

 

 

Commercial

 $155,235 

 

 $145,145 

Commercial real estate

 311,826 

 

 309,563 

Consumer

 90,496 

 

 92,344 

Residential

 56,034 

 

 62,038 



 

 

 

       Total loans (1)

 613,591 

 

 609,090 



 

 

 

Less allowance for loan losses

 7,106 

 

 7,156 



 

 

 

       Net loans

 $606,485 

 

 $601,934 

(1)

Includes net deferred (fees) of ($716) and ($18) as of March 31, 2021 and December 31, 2020, respectively.
Loans On Non-Accrual Status



 

 

Loans on Non-Accrual Status

(dollars in thousands)



As of



March 31, 2021

December 31, 2020

Commercial

 $117  $121 

Commercial Real Estate:

   Commercial Mortgages-Owner Occupied

 911  940 

   Commercial Mortgages-Non-Owner Occupied

 668  552 

   Commercial Construction

-

-

Consumer

 

 

   Consumer Unsecured

-

-

   Consumer Secured

60  240 

Residential:

 

   Residential Mortgages

 207  210 

   Residential Consumer Construction

-

-



 

 

     Totals

 $1,963  $2,063 



Changes In OREO Balance



 

 



 

 

OREO Changes

 

(dollars in thousands)

 



Three Months Ended

Year Ended



March 31, 2021

December 31, 2020

Balance at the beginning of the year (net)

 $1,105  $2,339 

Transfers from loans

 66  18 

Capitalized costs

-

-

Valuation adjustments

-

 (437)

Sales proceeds

 (344) (844)

Gain (loss) on disposition

 (66) 29 

Balance at the end of the period (net)

 $761  $1,105 



Impaired Loans



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

Impaired Loans



 

(dollars in thousands)



 

As of and For the Three Months Ended March 31, 2021



 

 

 

Unpaid

 

 

 

Average

 

Interest



 

Recorded

 

Principal

 

Related

 

Recorded

 

Income

2021

 

Investment

 

Balance

 

Allowance

 

Investment

 

Recognized

With No Related Allowance Recorded:

 

 

 

 

 

 

 

 

 



Commercial

$                  277 

 

$                  327 

 

$                    - 

 

$            309 

 

$                6 



Commercial Real Estate

 

 

 

 

 

 

 

 

 



  Commercial Mortgages-Owner Occupied

 2,105 

 

 2,461 

 

 -

 

 2,124 

 

 41 



  Commercial Mortgage Non-Owner Occupied

 634 

 

 685 

 

 -

 

 637 

 

 4 



  Commercial Construction

 -

 

 -

 

 -

 

 -

 

 -



Consumer

 

 

 

 

 

 

 

 

 



  Consumer Unsecured

 -

 

 -

 

 -

 

 -

 

 -



  Consumer Secured

 223 

 

 223 

 

 -

 

 283 

 

 4 



Residential

 

 

 

 

 

 

 

 

 



  Residential Mortgages

 1,339 

 

 1,409 

 

 -

 

 1,343 

 

 12 



  Residential Consumer Construction

 -

 

 -

 

 -

 

 -

 

 -



 

 

 

 

 

 

 

 

 

 

With an Allowance Recorded:

 

 

 

 

 

 

 

 

 



Commercial

$                      - 

 

$                       - 

 

$                    - 

 

$                2 

 

$                 - 



Commercial Real Estate

 

 

 

 

 

 

 

 

 



  Commercial Mortgages-Owner Occupied

 -

 

 -

 

 -

 

 -

 

 -



  Commercial Mortgage Non-Owner Occupied

 -

 

 -

 

 -

 

 -

 

 -



  Commercial Construction

 -

 

 -

 

 -

 

 -

 

 -



Consumer

 

 

 

 

 

 

 

 

 



  Consumer Unsecured

 -

 

 -

 

 -

 

 -

 

 -



  Consumer Secured

 -

 

 -

 

 -

 

 -

 

 -



Residential

 

 

 

 

 

 

 

 

 



  Residential Mortgages

 -

 

 -

 

 -

 

 -

 

 -



  Residential Consumer Construction

 -

 

 -

 

 -

 

 -

 

 -



 

 

 

 

 

 

 

 

 

 

Totals:

 

 

 

 

 

 

 

 

 



Commercial

$                  277 

 

$                  327 

 

$                    - 

 

$            311 

 

$                6 



Commercial Real Estate

 

 

 

 

 

 

 

 

 



  Commercial Mortgages-Owner Occupied

 2,105 

 

 2,461 

 

 -

 

 2,124 

 

 41 



  Commercial Mortgage Non-Owner Occupied

 634 

 

 685 

 

 -

 

 637 

 

 4 



  Commercial Construction

 -

 

 -

 

 -

 

 -

 

 -



Consumer

 

 

 

 

 

 

 

 

 



  Consumer Unsecured

 -

 

 -

 

 -

 

 -

 

 -



  Consumer Secured

 223 

 

 223 

 

 -

 

 283 

 

 4 



Residential

 

 

 

 

 

 

 

 

 



  Residential Mortgages

 1,339 

 

 1,409 

 

 -

 

 1,343 

 

 12 



  Residential Consumer Construction

 -

 

 -

 

 -

 

 -

 

 -



 

$               4,578 

 

$               5,105 

 

$                    - 

 

$         4,698 

 

$              67 



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





 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

Impaired Loans



 

(dollars in thousands)



 

As of and For the Year Ended December 31, 2020



 

 

 

Unpaid

 

 

 

Average

 

Interest



 

Recorded

 

Principal

 

Related

 

Recorded

 

Income

2020

 

Investment

 

Balance

 

Allowance

 

Investment

 

Recognized

With No Related Allowance Recorded:

 

 

 

 

 

 

 

 

 



Commercial

$                  341 

 

$                  341 

 

$                    - 

 

$            405 

 

$               30 



Commercial Real Estate

 

 

 

 

 

 

 

 

 



  Commercial Mortgages-Owner Occupied

 2,143 

 

 2,496 

 

 -

 

 2,305 

 

 135 



  Commercial Mortgage Non-Owner Occupied

 639 

 

 677 

 

 -

 

 601 

 

 43 



  Commercial Construction

 -

 

 -

 

 -

 

 -

 

 -



Consumer

 

 

 

 

 

 

 

 

 



  Consumer Unsecured

 -

 

 -

 

 -

 

 -

 

 -



  Consumer Secured

 343 

 

 346 

 

 -

 

 225 

 

 16 



Residential

 

 

 

 

 

 

 

 

 



  Residential Mortgages

 1,347 

 

 1,415 

 

 -

 

 1,319 

 

 62 



  Residential Consumer Construction

 -

 

 -

 

 -

 

 -

 

 -



 

 

 

 

 

 

 

 

 

 

With an Allowance Recorded:

 

 

 

 

 

 

 

 

 



Commercial

$                      4 

 

$                      4 

 

$                    4 

 

$                6 

 

$                  - 



Commercial Real Estate

 

 

 

 

 

 

 

 

 



  Commercial Mortgages-Owner Occupied

 -

 

 -

 

 -

 

 6 

 

 -



  Commercial Mortgage Non-Owner Occupied

 -

 

 -

 

 -

 

 7 

 

 -



  Commercial Construction

 -

 

 -

 

 -

 

 -

 

 -



Consumer

 

 

 

 

 

 

 

 

 



  Consumer Unsecured

 -

 

 -

 

 -

 

 -

 

 -



  Consumer Secured

 -

 

 -

 

 -

 

 -

 

 -



Residential

 

 

 

 

 

 

 

 

 



  Residential Mortgages

 -

 

 -

 

 -

 

 70 

 

 -



  Residential Consumer Construction

 -

 

 -

 

 -

 

 -

 

 -



 

 

 

 

 

 

 

 

 

 

Totals:

 

 

 

 

 

 

 

 

 



Commercial

$                  345 

 

$                  345 

 

$                    4 

 

$            411 

 

$               30 



Commercial Real Estate

 

 

 

 

 

 

 

 

 



  Commercial Mortgages-Owner Occupied

 2,143 

 

 2,496 

 

 -

 

 2,311 

 

 135 



  Commercial Mortgage Non-Owner Occupied

 639 

 

 677 

 

 -

 

 608 

 

 43 



  Commercial Construction

 -

 

 -

 

 -

 

 -

 

 -



Consumer

 

 

 

 

 

 

 

 

 



  Consumer Unsecured

 -

 

 -

 

 -

 

 -

 

 -



  Consumer Secured

 343 

 

 346 

 

 -

 

 225 

 

 16 



Residential

 

 

 

 

 

 

 

 

 



  Residential Mortgages

 1,347 

 

 1,415 

 

 -

 

 1,389 

 

 62 



  Residential Consumer Construction

 -

 

 -

 

 -

 

 -

 

 -



 

$               4,817 

 

$               5,279 

 

$                    4 

 

$         4,944 

 

$             286 



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, 2021



 

 

 

 

 

 

 

 

 



 

 

Commercial

 

 

 

 

 

 

2021

Commercial

 

Real Estate

 

Consumer

 

Residential

 

Total



 

 

 

 

 

 

 

 

 

Allowance for Credit Losses:

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

Beginning Balance

$          2,001 

 

$                 3,550 

 

$            868 

 

$              737 

 

$         7,156 

     Charge-Offs

 (54)

 

 -

 

 (10)

 

 -

 

 (64)

     Recoveries

 4 

 

 3 

 

 6 

 

 1 

 

 14 

     Provision

 127 

 

 (81)

 

 (34)

 

 (12)

 

 -

Ending Balance

 2,078 

 

 3,472 

 

 830 

 

 726 

 

 7,106 



 

 

 

 

 

 

 

 

 

Ending Balance: Individually evaluated for impairment

 -

 

 -

 

 -

 

 -

 

 -



 

 

 

 

 

 

 

 

 

Ending Balance: Collectively evaluated for impairment

 2,078 

 

 3,472 

 

 830 

 

 726 

 

 7,106 



 

 

 

 

 

 

 

 

 

Totals:

$          2,078 

 

$                 3,472 

 

$            830 

 

$              726 

 

$         7,106 



 

 

 

 

 

 

 

 

 

Financing Receivables:

 

 

 

 

 

 

 

 

 

Ending Balance: Individually evaluated for impairment

 277 

 

 2,739 

 

 223 

 

 1,339 

 

 4,578 



 

 

 

 

 

 

 

 

 

Ending Balance: Collectively evaluated for impairment

 154,958 

 

 309,087 

 

 90,273 

 

 54,695 

 

 609,013 



 

 

 

 

 

 

 

 

 

Totals:

$      155,235 

 

$             311,826 

 

$       90,496 

 

$         56,034 

 

$     613,591 











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, 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

 (96)

 

 (224)

 

 (75)

 

 (53)

 

 (448)

     Recoveries

 20 

 

 139 

 

 53 

 

 15 

 

 227 

     Provision

 747 

 

 1,703 

 

 25 

 

 73 

 

 2,548 

Ending Balance

 2,001 

 

 3,550 

 

 868 

 

 737 

 

 7,156 



 

 

 

 

 

 

 

 

 

Ending Balance: Individually evaluated for impairment

 4 

 

 -

 

 -

 

 -

 

 4 



 

 

 

 

 

 

 

 

 

Ending Balance: Collectively evaluated for impairment

 1,997 

 

 3,550 

 

 868 

 

 737 

 

 7,152 



 

 

 

 

 

 

 

 

 

Totals:

$          2,001 

 

$                 3,550 

 

$            868 

 

$              737 

 

$         7,156 



 

 

 

 

 

 

 

 

 

Financing Receivables:

 

 

 

 

 

 

 

 

 

Ending Balance: Individually evaluated for impairment

 345 

 

 2,782 

 

 343 

 

 1,347 

 

 4,817 



 

 

 

 

 

 

 

 

 

Ending Balance: Collectively evaluated for impairment

 144,800 

 

 306,781 

 

 92,001 

 

 60,691 

 

 604,273 



 

 

 

 

 

 

 

 

 

Totals:

$      145,145 

 

$             309,563 

 

$       92,344 

 

$         62,038 

 

$     609,090 



Age Analysis Of Past Due Financing Receivables



 

 

 

 

 

 

 



Age Analysis of Past Due Loans as of



March 31, 2021



(dollars in thousands)



 

 

Greater

 

 

 

Recorded Investment



30-59 Days

60-89 Days

than

Total Past

 

Total

> 90 Days &

2021

Past Due

Past Due

90 Days

Due

Current

Loans

Accruing

Commercial

$    -

$31 

$  -

$31  $155,204  $155,235 

$     -

Commercial Real Estate:

 

 

 

 

 

 

 

Commercial Mortgages-   Owner Occupied

 108 

-

 633  741  108,933  109,674 

-

Commercial Mortgages-Non-Owner Occupied

 100 

-

 627  727  169,722  170,449 

-

      Commercial Construction

-

-

-

-

 31,703  31,703 

-

Consumer:

 

 

 

 

 

 

 

   Consumer Unsecured

 63 

-

-

 63  3,722  3,785 

-

   Consumer Secured

 201  6  49  256  86,455  86,711 

-

Residential:

 

 

 

 

 

 

 

   Residential Mortgages

 264  68  207  539  42,315  42,854 

-

   Residential Consumer Construction

-

-

-

-

 13,180  13,180 

-

Total

 $736  $105  $1,516  $2,357  $611,234  $613,591 

$  -





 

 

 

 

 

 

 



Age Analysis of Past Due Loans as of



December 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

 $157 

$     -

$     -

 $157  $144,988  $145,145 

$             -

Commercial Real Estate:

 

 

 

 

 

 

 

Commercial Mortgages-Owner Occupied

 38 

-

 842  880  107,342  108,222 

-

Commercial Mortgages-Non-Owner Occupied

 252  116  394  762  170,307  171,069 

-

   Commercial Construction

-

-

-

-

 30,272  30,272 

-

Consumer:

 

 

 

 

 

 

 

   Consumer Unsecured

 7 

-

-

 7  3,764  3,771 

-

   Consumer Secured

 309  27  229  565  88,008  88,573 

-

Residential:

 

 

 

 

 

 

 

   Residential Mortgages

 575  243  210  1,028  45,868  46,896 

-

Residential Consumer Construction

-

-

-

-

 15,142  15,142 

-

Total

 $1,338  $386  $1,675  $3,399  $605,691  $609,090 

$            -



Credit Quality Information-By Class



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 



 

Credit Quality Information - by Class



 

March 31, 2021



 

(dollars in thousands)

2021

 

Pass

Monitor

Special

Substandard

Doubtful

Totals



 

 

 

Mention

 

 

 

Commercial

 $143,337  $4,530  $7,050  $318 

$            -  

$155,235 

Commercial Real Estate:

 

 

 

 

 

       Commercial Mortgages-Owner Occupied

 99,739  3,406  4,424  2,105 

-

 109,674 

Commercial Mortgages-Non-Owner Occupied

 161,407  7,213  1,028  801 

-

 170,449 

Commercial Construction

 31,703 

              -  

              -  

                    -  

-

 31,703 

Consumer

 

 

 

 

 

 

 

Consumer Unsecured

 3,758 

              -  

26  1 

-

 3,785 

Consumer Secured

 86,363 

              -  

              -  

348 

-

 86,711 

Residential:

 

 

 

 

 

 

Residential Mortgages

 41,408 

              -  

              -  

1,446 

-

 42,854 

Residential Consumer Construction

 13,180 

              -  

              -  

                    -  

-

 13,180 



 

 

 

 

 

 

 

Totals

 

 $580,895  $15,149  $12,528  $5,019 

$   -

 $613,591 





 

 

 

 

 

 

 



 

 



 

Credit Quality Information - by Class



 

December 31, 2020



 

(dollars in thousands) 

2020

 

Pass

Monitor

Special

Substandard

Doubtful

Totals



 

 

 

Mention

 

 

 

Commercial

 $133,075  $4,332  $7,386  $352 

$      -

 $145,145 

Commercial Real Estate:

 

 

 

 

 

Commercial Mortgages-Owner Occupied

 98,623  3,028  4,428  2,143 

-

 108,222 

Commercial Mortgages-Non -Owner Occupied

 161,300  7,277  1,682  810 

-

 171,069 

Commercial Construction

 30,272 

-

-

-

-

 30,272 

Consumer

 

 

 

 

 

 

 

Consumer Unsecured

 3,740 

-

 30  1 

-

 3,771 

Consumer Secured

 88,044 

-

-

 529 

-

 88,573 

Residential:

 

 

 

 

 

 

Residential Mortgages

 45,441 

-

-

 1,455 

-

 46,896 

Residential Consumer Construction

 15,142 

-

-

-

-

 15,142 



 

 

 

 

 

 

 

Totals

 

 $575,637  $14,637  $13,526  $5,290 

$     -

$609,090