Non-Performing Assets Including Troubled Debt Restructurings (TDR) (Tables)

9 Months Ended

Sep. 30, 2020

Non-Performing Assets Including Troubled Debt Restructurings (TDR)

Schedule of nonperforming assets including trouble debt restructurings

The following table presents information concerning non-performing assets including TDR (in thousands, except percentages):


	September 30, 2020			December 31, 2019
Non-accrual loans:
Commercial and industrial	$	20		$	—
Commercial loans secured by non-owner occupied real estate		8			8
Real estate – residential mortgage		1,696			1,479
Total		1,724			1,487

Other real estate owned:
Real estate – residential mortgage		40			37
Total		40			37

TDR’s not in non-accrual:
Commercial and industrial		839			815
Total		839			815
Total non-performing assets including TDR	$	2,603		$	2,339
Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned		0.27	%		0.26	%

Schedule of interest income on non accrual loans

The following table sets forth, for the periods indicated, (1) the gross interest income that would have been recorded if non-accrual loans had been current in accordance with their original terms and had been outstanding throughout the period or since origination if held for part of the period, (2) the amount of interest income actually recorded on such loans, and (3) the net reduction in interest income attributable to such loans (in thousands).


	Three months ended				Nine months ended
	September 30,				September 30,
	2020		2019		2020		2019
Interest income due in accordance with original terms	$	22	$	14	$	60	$	43
Interest income recorded		—		—		—		—
Net reduction in interest income	$	22	$	14	$	60	$	43

Schedule of troubled debt restructurings on financing receivables


Loans in accrual status	# of Loans	Current Balance		Concession Granted
Commercial and industrial	1	$	47	Extension of maturity date with a below market interest rate

The following table details the loans modified as TDR’s during the nine month period ended September 30, 2020 (dollars in thousands).


Loans in accrual status	# of Loans	Current Balance		Concession Granted
Commercial and industrial	1	$	750	Subsequent modification of a TDR - Extension of maturity date with a below market interest rate
Commercial and industrial	1		47	Extension of maturity date with a below market interest rate

The following table details the loan modified as a TDR during the three month period ended September 30, 2019 (dollars in thousands).


Loans in accrual status	# of Loans	Current Balance		Concession Granted
Commercial and industrial	1	$	70	Extension of maturity date with a below market interest rate

The following table details the loans modified as TDR’s during the nine month period ended September 30, 2019 (dollars in thousands).


Loans in accrual status	# of Loans	Current Balance		Concession Granted
Commercial and industrial	2	$	820	Extension of maturity date with a below market interest rate

Summary of loans for which payment relief has been requested related to COVID-19


	At September 30, 2020				At June 30, 2020
			% of Outstanding				% of Outstanding
	Balance		Non-PPP Loans		Balance		Non-PPP Loans
	(in thousands)				(in thousands)
CRE/Commercial	$	140,132	21.8	%	$	190,276	30.4	%
Home Equity/Consumer		160	0.2			5,890	6.0
Residential Mortgage		4,069	2.9			3,839	2.8
Total	$	144,361	16.4		$	200,005	23.2

Summary of deferral of principal and interest payments


	At September 30, 2020			At June 30, 2020
	Number of Loans	Balance		Number of Loans	Balance
		(in thousands)			(in thousands)
Type of Payment Relief
Interest only payments	67	$	74,680	83	$	87,881
Complete payment deferrals	127		69,681	296		103,378
Maturity date extensions	—		—	4		8,746
Total	194	$	144,361	383	$	200,005