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 September 30, 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

$

2,045

$

1,623

$

—

$

—

$

3,668

Collectively evaluated for impairment

206,342

458,320

297,384

13,736

975,782

Total loans

$

208,387

$

459,943

$

297,384

$

13,736

$

979,450

Allowance for loan losses:

Specific reserve allocation

$

567

$

3

$

—

$

—

$

—

$

570

General reserve allocation

2,189

5,429

1,377

87

1,020

10,102

Total allowance for loan losses

$

2,756

$

5,432

$

1,377

$

87

$

1,020

$

10,672


	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				Nine months ended
	September 30,				September 30,
	2022		2021		2022		2021
Average impaired balance:
Commercial	$	2,066	$	2,233	$	2,106	$	1,972
Commercial loans secured by non-owner occupied real estate		814		7		410		7
Average investment in impaired loans	$	2,880	$	2,240	$	2,516	$	1,979
Interest income recognized:
Commercial	$	—	$	3	$	—	$	15
Commercial loans secured by non-owner occupied real estate		—		—		—		—
Interest income recognized on a cash basis on impaired loans	$	—	$	3	$	—	$	15

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 September 30, 2022
			NON-
	PERFORMING		PERFORMING		TOTAL

	(IN THOUSANDS)
Real estate – residential mortgage	$	296,495	$	889	$	297,384
Consumer		13,736		—		13,736
Total	$	310,231	$	889	$	311,120


	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