Loans (Tables)

12 Months Ended

Dec. 31, 2015

Summary of Balances of Loans

The following is a summary of the balances of loans:

(Dollars in thousands)	December 31, 2015			December 31, 2014
Mortgage loans on real estate:
Construction, Land and Land Development	$	42,129		$	43,048
Farmland		1,030			1,128
Commercial Mortgages (Non-Owner Occupied)		29,086			20,534
Commercial Mortgages (Owner Occupied)		43,956			33,326
Residential First Mortgages		164,405			135,267
Residential Revolving and Junior Mortgages		26,497			25,400
Commercial and Industrial loans		35,104			34,002
Consumer Loans		5,015			5,349
Total loans		347,222			298,054
Net unamortized deferred loan costs		324			393
Allowance for loan losses		(4,223	)		(3,205	)
Loans, net	$	343,323		$	295,242

Recorded Investment in Past Due and Non-accruing Loans

The recorded investment in past due and non-accruing loans is shown in the following table. A loan past due by 90 days or more is generally placed on nonaccrual, unless it is both well secured and in the process of collection.

			90 Days or
	30-89		More Past				Total Past
(Dollars in thousands)	Days		Due and				Due and				Total
December 31, 2015	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage Loans on Real Estate:
Construction, Land and Land Development	$	93	$	—	$	672	$	765	$	41,364	$	42,129
Farmland		—		—		—		—		1,030		1,030
Commercial Mortgages (Non-Owner Occupied)		264		—		—		264		28,822		29,086
Commercial Mortgages (Owner Occupied)		133		—		2,350		2,483		41,473		43,956
Residential First Mortgages		1,304		—		2,841		4,145		160,260		164,405
Residential Revolving and Junior Mortgages		70		—		277		347		26,150		26,497
Commercial and Industrial		10		—		285		295		34,809		35,104
Consumer Loans		32		11		8		51		4,964		5,015
Total	$	1,906	$	11	$	6,433	$	8,350	$	338,872	$	347,222
			90 Days or
	30-89		More Past				Total Past
	Days		Due and				Due and				Total
December 31, 2014	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage Loans on Real Estate:
Construction, Land and Land Development	$	64	$	—	$	669	$	733	$	42,315	$	43,048
Farmland		—		—		—		—		1,128		1,128
Commercial Mortgages (Non-Owner Occupied)		—		—		—		—		20,534		20,534
Commercial Mortgages (Owner Occupied)		—		—		566		566		32,760		33,326
Residential First Mortgages		1,270		—		359		1,629		133,638		135,267
Residential Revolving and Junior Mortgages		6		—		31		37		25,363		25,400
Commercial and Industrial		96		—		228		324		33,678		34,002
Consumer Loans		66		14		101		181		5,168		5,349
Total	$	1,502	$	14	$	1,954	$	3,470	$	294,584	$	298,054