Loans

12 Months Ended

Dec. 31, 2016

Loans

Note 6. Loans

The following is a summary of the balances of loans:

(Dollars in thousands)	December 31, 2016			December 31, 2015
Mortgage loans on real estate:
Construction, Land and Land Development	$	39,818		$	42,129
Farmland		1,023			1,030
Commercial Mortgages (Non-Owner Occupied)		35,343			29,086
Commercial Mortgages (Owner Occupied)		41,825			43,956
Residential First Mortgages		194,007			164,405
Residential Revolving and Junior Mortgages		26,425			26,497
Commercial and Industrial loans		43,024			35,104
Consumer Loans		3,544			5,015
Total loans		385,009			347,222
Net unamortized deferred loan costs		391			324
Allowance for loan losses		(3,863	)		(4,223	)
Loans, net	$	381,537		$	343,323

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.

(Dollars in thousands)	30-89 Days		90 Days or More Past Due and				Total Past Due and				Total
December 31, 2016	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage Loans on Real Estate:
Construction, Land and Land Development	$	—	$	—	$	623	$	623	$	39,195	$	39,818
Farmland		57		—		—		57		966		1,023
Commercial Mortgages (Non-Owner Occupied)		—		—		—		—		35,343		35,343
Commercial Mortgages (Owner Occupied)		188		—		2,270		2,458		39,367		41,825
Residential First Mortgages		1,546		—		2,155		3,701		190,306		194,007
Residential Revolving and Junior Mortgages		480		—		160		640		25,785		26,425
Commercial and Industrial		408		—		92		500		42,524		43,024
Consumer Loans		—		—		—		—		3,544		3,544
Total	$	2,679	$	—	$	5,300	$	7,979	$	377,030	$	385,009
December 31, 2015	30-89 Days Past Due		90 Days or More Past Due and Still Accruing		Nonaccruals		Total Past Due and Nonaccruals		Current		Total 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