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Loans And Allowance For Loan Losses OREO (Tables)
 9 Months Ended
Sep. 30, 2022
Loans, allowance for loan losses and OREO [Abstract]  
Summary Of Loans, Net

As of:

September 30,

December 31,

2022

2021

Commercial

$

101,225

$

105,067

Commercial real estate

357,304

338,149

Consumer

98,507

89,102

Residential

63,475

51,066

Total loans (1)

620,511

583,384

Less allowance for loan losses

6,394

6,915

Net loans

$

614,117

$

576,469

(1)Includes net deferred costs of $1,156 and $372 as of September 30, 2022 and December 31, 2021, respectively.
Loans On Non-Accrual Status

As of

September 30, 2022

December 31, 2021

Commercial

$

—

$

25

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

502

501

Commercial Mortgages-Non-Owner Occupied

125

138

Commercial Construction

—

—

Consumer

Consumer Unsecured

—

—

Consumer Secured

8

127

Residential:

Residential Mortgages

153

163

Residential Consumer Construction

—

—

Totals

$

788

$

954
Changes in OREO Balance

Nine Months Ended Year Ended

September 30, 2022

December 31, 2021

Balance at the beginning of the year (net)

$

761

$

1,105

Transfers from loans

—

111

Capitalized costs

—

—

Valuation adjustments

(195)

—

Sales proceeds

—

(368)

Loss on disposition

—

(87)

Balance at the end of the period (net)

$

566

$

761
Impaired Loans

Impaired Loans

(dollars in thousands)

As of and For the Nine Months Ended September 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

1,191 

1,413 

-

1,892 

43 

Commercial Mortgage Non-Owner Occupied

521 

522 

-

312 

22 

Commercial Construction

-

-

-

-

-

Consumer

Consumer Unsecured

-

-

-

-

-

Consumer Secured

253 

253 

-

156 

8 

Residential

Residential Mortgages

1,354 

1,434 

-

1,335 

40 

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

1,191 

1,413 

-

1,892 

43 

Commercial Mortgage Non-Owner Occupied

521 

522 

-

312 

22 

Commercial Construction

-

-

-

-

-

Consumer

Consumer Unsecured

-

-

-

-

-

Consumer Secured

253 

253 

-

156 

8 

Residential

Residential Mortgages

1,354 

1,434 

-

1,335 

40 

Residential Consumer Construction

-

-

-

-

-

$                    3,319 

$                     3,622 

$                          - 

$             3,704 

$                  113 

(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

Impaired Loans

(dollars in thousands)

As of and For the Nine Months Ended September 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

1,191 

1,413 

-

1,892 

43 

Commercial Mortgage Non-Owner Occupied

521 

522 

-

312 

22 

Commercial Construction

-

-

-

-

-

Consumer

Consumer Unsecured

-

-

-

-

-

Consumer Secured

253 

253 

-

156 

8 

Residential

Residential Mortgages

1,354 

1,434 

-

1,335 

40 

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

1,191 

1,413 

-

1,892 

43 

Commercial Mortgage Non-Owner Occupied

521 

522 

-

312 

22 

Commercial Construction

-

-

-

-

-

Consumer

Consumer Unsecured

-

-

-

-

-

Consumer Secured

253 

253 

-

156 

8 

Residential

Residential Mortgages

1,354 

1,434 

-

1,335 

40 

Residential Consumer Construction

-

-

-

-

-

$                    3,319 

$                     3,622 

$                          - 

$             3,704 

$                  113 

(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.
Credit Quality Information-By Class

Credit Quality Information - by Class

September 30, 2022

Pass

Monitor

Special

Substandard

Doubtful

Totals

Mention

Commercial

$          92,003 

$        4,336 

$        4,829 

$             57 

$                - 

$        101,225 

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

128,090 

1,973 

-

1,210 

-

131,273 

Commercial Mortgages-Non-Owner Occupied

203,267 

500 

1,197 

717 

-

205,681 

Commercial Construction

20,350 

-

-

-

-

20,350 

Consumer

Consumer Unsecured

3,911 

-

20 

1 

-

3,932 

Consumer Secured

94,225 

-

-

350 

-

94,575 

Residential:

Residential Mortgages

39,111 

-

-

1,468 

-

40,579 

Residential Consumer Construction

22,896 

-

-

-

-

22,896 

Totals

$        603,853 

$        6,809 

$        6,046 

$        3,803 

$                - 

$        620,511 

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 September 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

$                - 

$                - 

$           - 

$              - 

$      101,225 

$      101,225 

$                 - 

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

-

-

502 

502 

130,771 

131,273 

-

Commercial Mortgages-Non-Owner Occupied

-

56 

-

56 

205,625 

205,681 

-

Commercial Construction

-

-

-

-

20,350 

20,350 

-

Consumer:

Consumer Unsecured

-

-

-

-

3,932 

3,932 

-

Consumer Secured

133 

-

-

133 

94,442 

94,575 

-

Residential:

Residential Mortgages

519 

-

96 

615 

39,964 

40,579 

-

Residential Consumer Construction

-

-

-

-

22,896 

22,896 

-

Total

$           652 

$             56 

$      598 

$      1,306 

$      619,205 

$      620,511 

$                 - 

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 

$                 -