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Loans And Allowance For Loan Losses OREO (Tables)
 6 Months Ended
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 

$                 -