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Loans And Allowance For Loan Losses OREO (Tables) | 6 Months Ended
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Jun. 30, 2022
Loans, allowance for loan losses and OREO [Abstract] |
Summary Of Loans, Net |
| As of:
| June 30, |  | December 31,
| 2022 |  | 2021
Commercial | $ | 102,879 |  | $ | 105,067
Commercial real estate |  | 354,061 |  |  | 338,149
Consumer |  | 100,165 |  |  | 89,102
Residential |  | 56,833 |  |  | 51,066
Total loans (1) |  | 613,938 |  |  | 583,384
Less allowance for loan losses |  | 6,616 |  |  | 6,915
Net loans | $ | 607,322 |  | $ | 576,469
(1)Includes net deferred costs of $1,238 and $372 as of June 30, 2022 and December 31, 2021, respectively.
Loans On Non-Accrual Status |
| As of
| June 30, 2022 |  | December 31, 2021
Commercial | $ | 60 |  | $ | 25
Commercial Real Estate: |  |  |  |  |
Commercial Mortgages-Owner Occupied |  | 502 |  |  | 501
Commercial Mortgages-Non-Owner Occupied |  | 129 |  |  | 138
Commercial Construction |  | — |  |  | —
Consumer |  |  |  |  |
Consumer Unsecured |  | — |  |  | —
Consumer Secured |  | 8 |  |  | 127
Residential: |  |  |  |  |
Residential Mortgages |  | 156 |  |  | 163
Residential Consumer Construction |  | — |  |  | —
Totals | $ | 855 |  | $ | 954
Changes in OREO Balance |
| Six Months Ended Year Ended
| June 30, 2022 |  | December 31, 2021
Balance at the beginning of the year (net) | $ | 761 |  | $ | 1,105
Transfers from loans |  | — |  |  | 111
Capitalized costs |  | — |  |  | —
Valuation adjustments |  | — |  |  | —
Sales proceeds |  | — |  |  | (368)
Loss on disposition |  | — |  |  | (87)
Balance at the end of the period (net) | $ | 761 |  | $ | 761
Impaired Loans |
|  | Impaired Loans
|  | (dollars in thousands)
|  | As of and For the Six Months Ended June 30, 2022
|  |  |  | Unpaid |  |  |  | Average |  | Interest
|  | Recorded |  | Principal |  | Related |  | Recorded |  | Income
|  | Investment (1) |  | Balance |  | Allowance |  | Investment |  | Recognized
With No Related Allowance Recorded: |  |  |  |  |  |  |  |  |
| Commercial | $ - |  | $ - |  | $ - |  | $ 9 |  | $ -
| Commercial Real Estate |  |  |  |  |  |  |  |  |
| Commercial Mortgages-Owner Occupied | 1,210 |  | 1,417 |  | - |  | 1,901 |  | 32
| Commercial Mortgage Non-Owner Occupied | 525 |  | 525 |  | - |  | 314 |  | 13
| Commercial Construction | - |  | - |  | - |  | - |  | -
| Consumer |  |  |  |  |  |  |  |  |
| Consumer Unsecured | - |  | - |  | - |  | - |  | -
| Consumer Secured | 252 |  | 252 |  | - |  | 156 |  | 4
| Residential |  |  |  |  |  |  |  |  |
| Residential Mortgages | 1,362 |  | 1,440 |  | - |  | 1,339 |  | 27
| Residential Consumer Construction | - |  | - |  | - |  | - |  | -
With an Allowance Recorded: |  |  |  |  |  |  |  |  |
| Commercial | $ - |  | $ - |  | $ - |  | $ - |  | $ -
| 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 | $ - |  | $ - |  | $ - |  | $ 9 |  | $ -
| Commercial Real Estate |  |  |  |  |  |  |  |  |
| Commercial Mortgages-Owner Occupied | 1,210 |  | 1,417 |  | - |  | 1,901 |  | 32
| Commercial Mortgage Non-Owner Occupied | 525 |  | 525 |  | - |  | 314 |  | 13
| Commercial Construction | - |  | - |  | - |  | - |  | -
| Consumer |  |  |  |  |  |  |  |  |
| Consumer Unsecured | - |  | - |  | - |  | - |  | -
| Consumer Secured | 252 |  | 252 |  | - |  | 156 |  | 4
| Residential |  |  |  |  |  |  |  |  |
| Residential Mortgages | 1,362 |  | 1,440 |  | - |  | 1,339 |  | 27
| Residential Consumer Construction | - |  | - |  | - |  | - |  | -
|  | $ 3,349 |  | $ 3,634 |  | $ - |  | $ 3,719 |  | $ 76
(1)Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status. ‎ Note 8 – Loans, allowance for loan losses and OREO (continued)
|  | Impaired Loans
|  | (dollars in thousands)
|  | As of and For the Year Ended December 31, 2021
|  |  |  | Unpaid |  |  |  | Average |  | Interest
|  | Recorded |  | Principal |  | Related |  | Recorded |  | Income
|  | Investment (1) |  | Balance |  | Allowance |  | Investment |  | Recognized
With No Related Allowance Recorded: |  |  |  |  |  |  |  |  |
| Commercial | $ 17 |  | $ 67 |  | $ - |  | $ 179 |  | $ 5
| Commercial Real Estate |  |  |  |  |  |  |  |  |
| Commercial Mortgages-Owner Occupied | 2,592 |  | 2,971 |  | - |  | 2,368 |  | 154
| Commercial Mortgage Non-Owner Occupied | 102 |  | 102 |  | - |  | 371 |  | 13
| Commercial Construction | - |  | - |  | - |  | - |  | -
| Consumer |  |  |  |  |  |  |  |  |
| Consumer Unsecured | - |  | - |  | - |  | - |  | -
| Consumer Secured | 59 |  | 60 |  | - |  | 201 |  | 2
| Residential |  |  |  |  |  |  |  |  |
| Residential Mortgages | 1,316 |  | 1,390 |  | - |  | 1,332 |  | 47
| 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 | $ 17 |  | $ 67 |  | $ - |  | $ 181 |  | $ 5
| Commercial Real Estate |  |  |  |  |  |  |  |  |
| Commercial Mortgages-Owner Occupied | 2,592 |  | 2,971 |  | - |  | 2,368 |  | 154
| Commercial Mortgage Non-Owner Occupied | 102 |  | 102 |  | - |  | 371 |  | 13
| Commercial Construction | - |  | - |  | - |  | - |  | -
| Consumer |  |  |  |  |  |  |  |  |
| Consumer Unsecured | - |  | - |  | - |  | - |  | -
| Consumer Secured | 59 |  | 60 |  | - |  | 201 |  | 2
| Residential |  |  |  |  |  |  |  |  |
| Residential Mortgages | 1,316 |  | 1,390 |  | - |  | 1,332 |  | 47
| Residential Consumer Construction | - |  | - |  | - |  | - |  | -
|  | $ 4,086 |  | $ 4,590 |  | $ - |  | $ 4,453 |  | $ 221
(1)Recorded Investment is net of charge-offs and interest paid while a loan is in nonaccrual status.
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, 2022
|  |  | Commercial |  |  |  |  |  |
| Commercial |  | Real Estate |  | Consumer |  | Residential |  | Total
Allowance for Loan Losses: |  |  |  |  |  |  |  |  |
Beginning Balance | $ 1,471 |  | $ 3,637 |  | $ 860 |  | $ 947 |  | $ 6,915
Charge-Offs | - |  | - |  | (9) |  | - |  | (9)
Recoveries | 87 |  | 206 |  | 12 |  | 5 |  | 310
Provision (Recovery of) | (261) |  | (709) |  | 58 |  | 312 |  | (600)
Ending Balance | 1,297 |  | 3,134 |  | 921 |  | 1,264 |  | 6,616
Ending Balance: Individually evaluated for impairment | - |  | - |  | - |  | - |  | -
Ending Balance: Collectively evaluated for impairment | 1,297 |  | 3,134 |  | 921 |  | 1,264 |  | 6,616
Totals: | $ 1,297 |  | $ 3,134 |  | $ 921 |  | $ 1,264 |  | $ 6,616
Financing Receivables: |  |  |  |  |  |  |  |  |
Ending Balance: Individually evaluated for impairment | - |  | 1,735 |  | 252 |  | 1,362 |  | 3,349
Ending Balance: Collectively evaluated for impairment | 102,879 |  | 352,326 |  | 99,913 |  | 55,471 |  | 610,589
Totals: | $ 102,879 |  | $ 354,061 |  | $ 100,165 |  | $ 56,833 |  | $ 613,938
‎ 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, 2021
|  |  | Commercial |  |  |  |  |  |
| Commercial |  | Real Estate |  | Consumer |  | Residential |  | Total
Allowance for Loan Losses: |  |  |  |  |  |  |  |  |
Beginning Balance | $ 2,001 |  | $ 3,550 |  | $ 868 |  | $ 737 |  | $ 7,156
Charge-Offs | (53) |  | - |  | (38) |  | - |  | (91)
Recoveries | 112 |  | 72 |  | 29 |  | 137 |  | 350
Provision (Recovery of) | (589) |  | 15 |  | 1 |  | 73 |  | (500)
Ending Balance | 1,471 |  | 3,637 |  | 860 |  | 947 |  | 6,915
Ending Balance: Individually evaluated for impairment | - |  | - |  | - |  | - |  | -
Ending Balance: Collectively evaluated for impairment | 1,471 |  | 3,637 |  | 860 |  | 947 |  | 6,915
Totals: | $ 1,471 |  | $ 3,637 |  | $ 860 |  | $ 947 |  | $ 6,915
Financing Receivables: |  |  |  |  |  |  |  |  |
Ending Balance: Individually evaluated for impairment | 17 |  | 2,694 |  | 59 |  | 1,316 |  | 4,086
Ending Balance: Collectively evaluated for impairment | 105,050 |  | 335,455 |  | 89,043 |  | 49,750 |  | 579,298
Totals: | $ 105,067 |  | $ 338,149 |  | $ 89,102 |  | $ 51,066 |  | $ 583,384
Credit Quality Information-By Class |
Credit Quality Information - by Class
June 30, 2022
| Pass | Monitor | Special | Substandard | Doubtful | Totals
|  |  | Mention |  |  |
Commercial | $ 93,336 | $ 4,476 | $ 4,949 | $ 118 | $ - | $ 102,879
Commercial Real Estate: |  |  |  |  |  |
Commercial Mortgages-Owner Occupied | 127,879 | 2,014 | - | 1,229 | - | 131,122
Commercial Mortgages-Non-Owner Occupied | 197,847 | 96 | 1,206 | 725 | - | 199,874
Commercial Construction | 23,065 | - | - | - | - | 23,065
Consumer |  |  |  |  |  |
Consumer Unsecured | 3,857 | - | 21 | 1 | - | 3,879
Consumer Secured | 95,934 | - | - | 352 | - | 96,286
Residential: |  |  |  |  |  |
Residential Mortgages | 35,614 | - | - | 1,479 | - | 37,093
Residential Consumer Construction | 19,740 | - | - | - | - | 19,740
Totals | $ 597,272 | $ 6,586 | $ 6,176 | $ 3,904 | $ - | $ 613,938
Credit Quality Information - by Class
December 31, 2021
| Pass | Monitor | Special | Substandard | Doubtful | Totals
|  |  | Mention |  |  |
Commercial | $ 92,789 | $ 7,965 | $ 4,262 | $ 51 | $ - | $ 105,067
Commercial Real Estate: |  |  |  |  |  |
Commercial Mortgages-Owner Occupied | 116,098 | 5,986 | 4,130 | 2,620 | - | 128,834
Commercial Mortgages-Non-Owner Occupied | 176,291 | 2,506 | - | 316 | - | 179,113
Commercial Construction | 30,202 | - | - | - | - | 30,202
Consumer |  |  |  |  |  |
Consumer Unsecured | 2,581 | - | 23 | 1 | - | 2,605
Consumer Secured | 86,265 | - | - | 232 | - | 86,497
Residential: |  |  |  |  |  |
Residential Mortgages | 30,486 | - | - | 1,439 | - | 31,925
Residential Consumer Construction | 19,141 | - | - | - | - | 19,141
Totals | $ 553,853 | $ 16,457 | $ 8,415 | $ 4,659 | $ - | $ 583,384
Age Analysis Of Past Due Financing Receivables |
Age Analysis of Past Due Loans as of June 30, 2022
|  |  |  |  |  |  | Recorded
|  |  | Greater |  |  |  | Investment
| 30-59 Days | 60-89 Days | than | Total Past |  | Total | > 90 Days &
| Past Due | Past Due | 90 Days | Due | Current | Loans | Accruing
Commercial | $ 200 | $ - | $ 60 | $ 260 | $ 102,619 | $ 102,879 | $ -
Commercial Real Estate: |  |  |  |  |  |  |
Commercial Mortgages-Owner Occupied | - | - | 502 | 502 | 130,620 | 131,122 | -
Commercial Mortgages-Non-Owner Occupied | - | - | - | - | 199,874 | 199,874 | -
Commercial Construction | - | - | - | - | 23,065 | 23,065 | -
Consumer: |  |  |  |  |  |  |
Consumer Unsecured | - | - | - | - | 3,879 | 3,879 | -
Consumer Secured | 87 | 7 | - | 94 | 96,192 | 96,286 | -
Residential: |  |  |  |  |  |  |
Residential Mortgages | 111 | - | 96 | 207 | 36,886 | 37,093 | -
Residential Consumer Construction | - | - | - | - | 19,740 | 19,740 | -
Total | $ 398 | $ 7 | $ 658 | $ 1,063 | $ 612,875 | $ 613,938 | $ -
Age Analysis of Past Due Loans as of December 31, 2021
|  |  |  |  |  |  | Recorded
|  |  | Greater |  |  |  | Investment
| 30-59 Days | 60-89 Days | than | Total Past |  | Total | > 90 Days &
| Past Due | Past Due | 90 Days | Due | Current | Loans | Accruing
Commercial | $ - | $ 1 | $ 25 | $ 26 | $ 105,041 | $ 105,067 | $ -
Commercial Real Estate: |  |  |  |  |  |  |
Commercial Mortgages-Owner Occupied | 464 | - | 501 | 965 | 127,869 | 128,834 | -
Commercial Mortgages-Non-Owner Occupied | 1,310 | - | - | 1,310 | 177,803 | 179,113 | -
Commercial Construction | - | - | - | - | 30,202 | 30,202 | -
Consumer: |  |  |  |  |  |  |
Consumer Unsecured | 8 | 1 | - | 9 | 2,596 | 2,605 | -
Consumer Secured | 111 | 3 | 118 | 232 | 86,265 | 86,497 | -
Residential: |  |  |  |  |  |  |
Residential Mortgages | 948 | - | 163 | 1,111 | 30,814 | 31,925 | -
Residential Consumer Construction | - | - | - | - | 19,141 | 19,141 | -
Total | $ 2,841 | $ 5 | $ 807 | $ 3,653 | $ 579,731 | $ 583,384 | $ -

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