XML 42 R20.htm IDEA: XBRL DOCUMENT v3.19.3

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 30, 2019

LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES

Schedule of major categories of loans

		September 30,					December 31,
		2019					2018
(dollars in thousands)		Amount			%		Amount			%
Consumer		$	12,369		4		$	13,071		4
Residential real estate			80,211		28			82,637		28
Indirect			106,088		38			116,698		39
Commercial			11,350		4			14,284		5
Construction			3,161		1			2,317		1
Commercial real estate			70,710		25			70,113		23
Loans, net of deferred fees and costs			283,889		100			299,120		100
Less:  Allowance for loan losses			(2,307)					(2,541)
Loans, net		$	281,582				$	296,579

Schedule of total allowance by loan segment

September 30, 2019					Residential												Commercial
(dollars in thousands)		Consumer			Real Estate			Indirect			Commercial			Construction			Real Estate			Total
Balance, beginning of year		$	161		$	864		$	988		$	241		$	4		$	283		$	2,541
Charge-offs			(69)			(16)			(407)			(27)			—			—			(519)
Recoveries			15			1			194			10			—			—			220
Provision for loan losses			46			(210)			164			2			3			60			65
Balance, end of quarter		$	153		$	639		$	939		$	226		$	7		$	343		$	2,307
Individually evaluated for impairment:
Balance in allowance		$	15		$	—		$	—		$	195		$	—		$	—		$	210
Related loan balance			88			659			—			195			—			3,854			4,796
Collectively evaluated for impairment:
Balance in allowance		$	138		$	639		$	939		$	31		$	7		$	343		$	2,097
Related loan balance			12,281			79,552			106,088			11,155			3,161			66,856			279,093

December 31, 2018					Residential												Commercial
(dollars in thousands)		Consumer			Real Estate			Indirect			Commercial			Construction			Real Estate			Total
Balance, beginning of year		$	214		$	1,061		$	774		$	237		$	12		$	291		$	2,589
Charge-offs			(208)			(589)			(341)			—			—			(13)			(1,151)
Recoveries			48			2			183			14			—			—			247
Provision for loan losses			107			390			372			(10)			(8)			5			856
Balance, end of year		$	161		$	864		$	988		$	241		$	4		$	283		$	2,541
Individually evaluated for impairment:
Balance in allowance		$	22		$	—		$	—		$	204		$	—		$	—		$	226
Related loan balance			138			854			—			204			—			1,054			2,250
Collectively evaluated for impairment:
Balance in allowance		$	139		$	864		$	988		$	37		$	4		$	283		$	2,315
Related loan balance			12,933			81,783			116,698			14,080			2,317			69,059			296,870

Schedule of allowances for credit losses

		September 30,				September 30,
(dollars in thousands)		2019				2018
Average loans		$	293,958			$	283,006
Net charge offs to average loans (annualized)			0.14	%			0.35	%

Schedule of reserve for unfunded commitments

		Nine Months Ended
		Ended September 30,
(dollars in thousands)		2019			2018
Beginning balance		$	35		$	24
Reduction of unfunded reserve			(23)			(45)
Provisions charged to operations			25			46
Ending balance		$	37		$	25

Schedule of current, past due, and non-accrual loans by categories of loans and restructured loans

At September 30, 2019								90 Days or
(dollars in thousands)					30-89 Days			More and
		Current			Past Due			Still Accruing			Nonaccrual			Total
Consumer		$	12,171		$	54		$	—		$	144		$	12,369
Residential Real Estate			79,370			63			22			756			80,211
Indirect			105,517			535			—			36			106,088
Commercial			11,350			—			—			—			11,350
Construction			3,161			—			—			—			3,161
Commercial Real Estate			67,417			—			—			3,293			70,710
		$	278,986		$	652		$	22		$	4,229		$	283,889

At December 31, 2018								90 Days or
(dollars in thousands)					30-89 Days			More and
		Current			Past Due			Still Accruing			Nonaccrual			Total
Consumer		$	12,669		$	216		$	—		$	186		$	13,071
Residential Real Estate			80,923			732			26			956			82,637
Indirect			115,890			692			—			116			116,698
Commercial			14,171			86			—			27			14,284
Construction			2,317			—			—			—			2,317
Commercial Real Estate			69,451			—			—			662			70,113
		$	295,421		$	1,726		$	26		$	1,947		$	299,120

Schedule of impaired financing receivables

September 30, 2019					Unpaid			Interest						Average
(dollars in thousands)		Recorded			Principal			Income			Specific			Recorded
		Investment			Balance			Recognized			Reserve			Investment
Impaired loans with specific reserves:
Consumer		$	42		$	42		$	2		$	15		$	50
Commercial			195			195			11			195			200
Total impaired loans with specific reserves			237			237			13			210			250
Impaired loans with no specific reserve:
Consumer		$	102		$	102		$	—		$	n/a		$	50
Residential Real Estate			757			1,526			8			n/a			1,829
Indirect			35			35			—			n/a			—
Commercial Real Estate			3,854			3,854			67			n/a			4,006
Total impaired loans with no specific reserve		$	4,748		$	5,517		$	75			—		$	5,885

December 31, 2018					Unpaid			Interest						Average
(dollars in thousands)		Recorded			Principal			Income			Specific			Recorded
		Investment			Balance			Recognized			Reserve			Investment
Impaired loans with specific reserves:
Consumer		$	89		$	89		$	3		$	22		$	136
Commercial			204			204			12			204			211
Total impaired loans with specific reserves			294			294			15			226			347
Impaired loans with no specific reserve:
Consumer		$	96		$	300		$	2			n/a		$	50
Residential Real Estate			956			1,545			4			n/a			1,981
Indirect			116			457			—			n/a			—
Commercial Real Estate			1,267			1,267			39			n/a			1,148
Total impaired loans with no specific reserve		$	2,435		$	3,569		$	45			—		$	3,179

Schedule of allowance for loan loss and the unearned income on loans

		September 30,				December 31,
(dollars in thousands)		2019				2018
Troubled debt restructured loans		$	237			$	248
Non-accrual and 90+ days past due and still accruing loans to average loans			1.51	%			0.76	%
Allowance for loan losses to nonaccrual & 90+ days past due and still accruing loans			54.3	%			128.7	%

Schedule of non accrual loans

				Residential								Commercial
(dollars in thousands)		Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate		Totals
December 31, 2017		185		2,124		88		48		318		507		3,270
Transfers into nonaccrual		44		183		305		—		—		2,000		2,532
Loans paid down/payoffs		(15)		(41)		(51)		(48)		(8)		(136)		(299)
Loans returned to accrual status		—		—		(50)		—		—		—		(50)
Loans charged off		(92)		(513)		(163)		—		—		—		(768)
September 30, 2018		122		1,753		129		—		310		2,371		4,685
December 31, 2018		186		956		116		27		—		662		1,947
Transfers into nonaccrual		135		572		467		86		—		2,746		4,006
Loans paid down/payoffs		(48)		(755)		(52)		(86)		—		(115)		(1,056)
Loans returned to accrual status		(88)		—		(105)		—		—		—		(193)
Loans charged off		(41)		(17)		(390)		(27)		—		—		(475)
September 30, 2019		144		756		36		—		—		3,293		4,229

Schedule of risk ratings of loans by categories of loans

The following tables provides information with respect to the Company's credit quality indicators by loan portfolio segment at September 30, 2019 and December 31, 2018:

September 30, 2019					Residential												Commercial
(dollars in thousands)		Consumer			Real Estate			Indirect			Commercial			Construction			Real Estate			Total
Pass		$	12,225		$	79,453		$	106,053		$	11,155		$	3,161		$	66,856		$	278,903
Special mention			—			—			—			—			—			—			—
Substandard			144			758			4			195			—			3,854			4,955
Doubtful			—			—			31			—			—			—			31
Loss			—			—			—			—			—			—			—
		$	12,369		$	80,211		$	106,088		$	11,350		$	3,161		$	70,710		$	283,889
Nonaccrual		$	144		$	756		$	36		$	—		$	—		$	3,293		$	4,229
Troubled debt restructures		$	42		$	—		$	—		$	195		$	—		$	—		$	237
Number of TDRs accounts			1			—			—			1			—			—			2
Non-performing TDRs		$	42		$	—		$	—		$	—		$	—		$	—		$	42
Number of non-performing TDR accounts			1			—			—			—			—			—			1

December 31, 2018					Residential												Commercial
(dollars in thousands)		Consumer			Real Estate			Indirect			Commercial			Construction			Real Estate			Total
Pass		$	12,888		$	82,111		$	115,724		$	14,284		$	2,317		$	69,900		$	297,224
Special mention			—			424			645			—			—			—			1,069
Substandard			183			102			244			—			—			213			742
Doubtful			—			—			85			—			—			—			85
Loss			—			—			—			—			—			—			—
		$	13,071		$	82,637		$	116,698		$	14,284		$	2,317		$	70,113		$	299,120
Nonaccrual		$	186		$	956		$	116		$	27		$	—		$	662		$	1,947
Troubled debt restructures		$	44		$	—		$	—		$	204		$	—		$	—		$	248
Number of TDRs accounts			1			—			—			1			—			—			2
Non-performing TDRs		$	44		$	—		$	—		$	—		$	—		$	—		$	44
Number of non-performing TDR accounts			1			—			—			—			—			—			1

X

- Definition

Tabular disclosure of reserve for unfunded commitments.

+ References

No definition available.

+ Details

Name:	glbz_DisclosureOfReserveForUnfundedCommitmentsTableTextBlock
Namespace Prefix:	glbz_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of Loans and Leases Receivable, Allowance for Loan Losses.

+ References

No definition available.

+ Details

Name:	glbz_LoansAndLeasesReceivableAllowanceForLoanLossesTableTextBlock
Namespace Prefix:	glbz_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represent allowance for loan loss and the unearned income on loans.

+ References

No definition available.

+ Details

Name:	glbz_ScheduleOfAllowanceForLoanLossAndTheUnearnedIncomeOnLoansTableTextBlock
Namespace Prefix:	glbz_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountsNotesLoansAndFinancingReceivableGrossAllowanceAndNetAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953659-111524

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953401-111524

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI http://asc.fasb.org/extlink&oid=118955255&loc=SL82922355-210448

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivable on nonaccrual status.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919258-210447

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration