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Loans And Allowance For Loan Losses (Tables)

12 Months Ended

Dec. 31, 2022

Loans and allowance for loan losses [Abstract]

Summary Of Loans, Net

	December 31,
	2022			2021
Commercial	$	95,885		$	105,067
Commercial real estate		354,025			338,149
Consumer		97,959			89,102
Residential		63,756			51,066
Total loans (1)		611,625			583,384
Less allowance for loan losses		6,259			6,915
Net loans	$	605,366		$	576,469

(1)Includes net deferred costs/premiums of $1,114 and $372 as of December 31, 2022 and 2021, respectively.

Loans On Non-Accrual Status

Loans on Non-Accrual Status
	As of December 31,
	2022			2021
Commercial	$	—		$	25
Commercial Real Estate:
Commercial Mortgages-Owner Occupied		—			501
Commercial Mortgages-Non-Owner Occupied		518			138
Commercial Construction		—			—
Consumer
Consumer Unsecured		—			—
Consumer Secured		20			127
Residential:
Residential Mortgages		95			163
Residential Consumer Construction		—			—
Totals	$	633		$	954

Changes in OREO Balance

OREO Changes
	Year Ended December 31,
	2022			2021
Balance at the beginning of the year	$	761		$	1,105
Transfers from Loans		—			111
Capitalized costs		—			—
Valuation adjustments		(195)			—
Sales		—			(368)
Loss on sales		—			(87)
Balance at the end of the year	$	566		$	761

Impaired Loans

		Impaired Loans
		(dollars in thousands)
			As of and For the Year Ended December 31, 2022
						Unpaid						Average			Interest
			Recorded			Principal			Related			Recorded			Income
	2022		Investment			Balance			Allowance			Investment			Recognized
With No Related Allowance Recorded:
	Commercial	$	-		$	-		$	-		$	9		$	-
	Commercial Real Estate
	Commercial Mortgages-Owner Occupied		554			581			-			1,573			48
	Commercial Mortgage Non-Owner Occupied		518			526			-			310			23
	Commercial Construction		-			-			-			-			-
	Consumer
	Consumer Unsecured		-			-			-			-			-
	Consumer Secured		249			249			-			154			12
	Residential
	Residential Mortgages		1,345			1,428			-			1,331			54
	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		554			581			-			1,573			48
	Commercial Mortgage Non-Owner Occupied		518			526			-			310			23
	Commercial Construction		-			-			-			-			-
	Consumer
	Consumer Unsecured		-			-			-			-			-
	Consumer Secured		249			249			-			154			12
	Residential
	Residential Mortgages		1,345			1,428			-			1,331			54
	Residential Consumer Construction		-			-			-			-			-
		$	2,666		$	2,784		$	-		$	3,377		$	137

‎

Note 5 - Loans and allowance for loan losses (continued)

		Impaired Loans
		(dollars in thousands)
			As of and For the Year Ended December 31, 2021
						Unpaid						Average			Interest
			Recorded			Principal			Related			Recorded			Income
	2021		Investment			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

‎

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 Year Ended December 31, 2022
				Commercial
2022	Commercial			Real Estate			Consumer			Residential			Total
Allowance for Loan Losses:
Beginning Balance	$	1,471		$	3,637		$	860		$	947		$	6,915
Charge-Offs		-			(137)			(25)			-			(162)
Recoveries		104			212			18			72			406
Provision (recovery of provision)		(473)			(810)			51			332			(900)
Ending Balance		1,102			2,902			904			1,351			6,259
Ending Balance: Individually evaluated for impairment		-			-			-			-			-
Ending Balance: Collectively evaluated for impairment		1,102			2,902			904			1,351			6,259
Totals:	$	1,102		$	2,902		$	904		$	1,351		$	6,259
Financing Receivables:
Ending Balance: Individually evaluated for impairment		-			1,072			249			1,345			2,666
Ending Balance: Collectively evaluated for impairment		95,885			352,953			97,710			62,411			608,959
Totals:	$	95,885		$	354,025		$	97,959		$	63,756		$	611,625

‎

Note 5 - Loans and allowance for loan losses (continued)

	Allowance for Loan Losses and Recorded Investment in Loans
	(dollars in thousands)
	As of and For the Year Ended December 31, 2021
				Commercial
2021	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 provision)		(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
December 31, 2022
2022		Pass			Monitor			Special			Substandard			Doubtful			Totals
								Mention
Commercial	$	89,889		$	4,418		$	1,465		$	113		$	—		$	95,885
Commercial Real Estate:
Commercial Mortgages-Owner Occupied		132,686			1,931			—			572			—			135,189
Commercial Mortgages-Non-Owner Occupied		204,810			—			1,182			709			—			206,701
Commercial Construction		12,126			9			—			—			—			12,135
Consumer
Consumer Unsecured		2,809			—			19			—			—			2,828
Consumer Secured		94,788			—			—			343			—			95,131
Residential:
Residential Mortgages		41,591			—			—			1,458			—			43,049
Residential Consumer Construction		19,178			1,529			—			—			—			20,707
Totals	$	597,877		$	7,887		$	2,666		$	3,195		$	—		$	611,625

Credit Quality Information - by Class
December 31, 2021
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 December 31, 2022
																				Recorded
								Greater												Investment
2022		30-59 Days			60-89 Days			than			Total Past						Total			> 90 Days &
		Past Due			Past Due			90 Days			Due			Current			Loans			Accruing
Commercial	$	52		$	194		$	—		$	246		$	95,639		$	95,885		$	—
Commercial Real Estate:
Commercial Mortgages-Owner Occupied		—			—			—			—			135,189			135,189			—
Commercial Mortgages-Non-Owner Occupied		55			—			—			55			206,646			206,701			—
Commercial Construction		—			397			—			397			11,738			12,135			—
Consumer:
Consumer Unsecured		15			—			—			15			2,813			2,828			—
Consumer Secured		62			—			13			75			95,056			95,131			—
Residential:
Residential Mortgages		139			—			95			234			42,815			43,049			—
Residential Consumer Construction		—			—			—			—			20,707			20,707			—
Total	$	323		$	591		$	108		$	1,022		$	610,603		$	611,625		$	—

Age Analysis of Past Due Loans as of December 31, 2021
																				Recorded
																				Investment
2021		30-59 Days			60-89 Days			Greater 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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