ALLOWANCE FOR LOAN LOSSES

Schedule of Loan loss by the primary segments

The following tables summarize the loan portfolio and allowance for loan losses by the primary segments of the loan portfolio.

AT DECEMBER 31, 2021

COMMERCIAL LOANS

SECURED BY NON-

REAL ESTATE −

OWNER OCCUPIED

RESIDENTIAL

Loans:

COMMERCIAL

REAL ESTATE

MORTGAGE

CONSUMER

TOTAL

(IN THOUSANDS)

Individually evaluated for impairment

$

2,165

$

5

$

—

$

—

$

2,170

Collectively evaluated for impairment

248,972

430,820

287,996

15,096

982,884

Total loans

$

251,137

$

430,825

$

287,996

$

15,096

$

985,054

AT DECEMBER 31, 2021

COMMERCIAL LOANS

ALLOCATION

SECURED BY NON-

REAL ESTATE −

FOR

Allowance

OWNER OCCUPIED

RESIDENTIAL

GENERAL

for loan losses:

COMMERCIAL

REAL ESTATE

MORTGAGE

CONSUMER

RISK

TOTAL

(IN THOUSANDS)

Specific reserve allocation

$

628

$

5

$

—

$

—

$

—

$

633

General reserve allocation

2,443

6,387

1,590

113

1,232

11,765

Total allowance for loan losses

$

3,071

$

6,392

$

1,590

$

113

$

1,232

$

12,398


	AT DECEMBER 31, 2020
			COMMERCIAL LOANS
			SECURED BY NON-		REAL ESTATE −
			OWNER OCCUPIED		RESIDENTIAL
Loans:	COMMERCIAL		REAL ESTATE		MORTGAGE		CONSUMER		TOTAL

	(IN THOUSANDS)
Individually evaluated for impairment	$	847	$	8	$	—	$	—	$	855
Collectively evaluated for impairment		304,145		400,743		249,989		16,363		971,240
Total loans	$	304,992	$	400,751	$	249,989	$	16,363	$	972,095


	AT DECEMBER 31, 2020
			COMMERCIAL LOANS						ALLOCATION
			SECURED BY NON-		REAL ESTATE −				FOR
Allowance			OWNER OCCUPIED		RESIDENTIAL				GENERAL
for loan losses:	COMMERCIAL		REAL ESTATE		MORTGAGE		CONSUMER		RISK		TOTAL

	(IN THOUSANDS)
Specific reserve allocation	$	96	$	8	$	—	$	—	$	—	$	104
General reserve allocation		3,376		5,365		1,292		115		1,093		11,241
Total allowance for loan losses	$	3,472	$	5,373	$	1,292	$	115	$	1,093	$	11,345

Schedule of Investment in impaired loans and related interest income

The following table presents the average recorded investment in impaired loans and related interest income recognized for the periods indicated.


	YEAR ENDED DECEMBER 31,
	2021		2020		2019

	(IN THOUSANDS)
Average impaired balance:
Commercial	$	2,301	$	839	$	597
Commercial loans secured by non-owner occupied real estate		7		8		10
Average investment in impaired loans	$	2,308	$	847	$	607
Interest income recognized:
Commercial	$	15	$	38	$	30
Commercial loans secured by non-owner occupied real estate		—		—		—
Interest income recognized on a cash basis on impaired loans	$	15	$	38	$	30

Schedule of Residential and consumer portfolio


	AT DECEMBER 31, 2021
			NON-
	PERFORMING		PERFORMING		TOTAL

	(IN THOUSANDS)
Real estate – residential mortgage	$	286,843	$	1,153	$	287,996
Consumer		15,096		—		15,096
Total	$	301,939	$	1,153	$	303,092


	AT DECEMBER 31, 2020
			NON-
	PERFORMING		PERFORMING		TOTAL

	(IN THOUSANDS)
Real estate – residential mortgage	$	247,520	$	2,469	$	249,989
Consumer		16,356		7		16,363
Total	$	263,876	$	2,476	$	266,352