Allowance for Loan Losses

Schedule of Loan loss by the primary segments

The following tables summarize the loan portfolio and allowance for loan loss by the primary segments of the loan portfolio (in thousands).


	At March 31, 2022
			Commercial Loans
			Secured by
			Non-Owner		Real Estate-
			Occupied		Residential				Allocation for
	Commercial		Real Estate		Mortgage		Consumer		General Risk		Total
Loans:
Individually evaluated for impairment	$	2,127	$	5	$	—	$	—			$	2,132
Collectively evaluated for impairment		238,979		430,100		292,530		14,631				976,240
Total loans	$	241,106	$	430,105	$	292,530	$	14,631			$	978,372
Allowance for loan losses:
Specific reserve allocation	$	622	$	5	$	—	$	—	$	—	$	627
General reserve allocation		2,629		5,925		1,465		99		1,177		11,295
Total allowance for loan losses	$	3,251	$	5,930	$	1,465	$	99	$	1,177	$	11,922


	At December 31, 2021
			Commercial Loans
			Secured by
			Non-Owner		Real Estate-
			Occupied		Residential				Allocation for
	Commercial		Real Estate		Mortgage		Consumer		General Risk		Total
Loans:
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
Allowance for loan losses:
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

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 (in thousands).


	Three months ended
	March 31,
	2022		2021
Average impaired balance:
Commercial	$	2,146	$	1,711
Commercial loans secured by non-owner occupied real estate		5		8
Average investment in impaired loans	$	2,151	$	1,719
Interest income recognized:
Commercial	$	—	$	12
Commercial loans secured by non-owner occupied real estate		—		—
Interest income recognized on a cash basis on impaired loans	$	—	$	12

Schedule of Residential and consumer portfolio

The following tables present the performing and non-performing outstanding balances of the residential and consumer portfolio classes.


	At March 31, 2022
			NON-
	PERFORMING		PERFORMING		TOTAL

	(IN THOUSANDS)
Real estate – residential mortgage	$	291,291	$	1,239	$	292,530
Consumer		14,601		30		14,631
Total	$	305,892	$	1,269	$	307,161


	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