Loans

3 Months Ended

Mar. 31, 2017

Loans

Note 7: Loans

The following is a summary of the balances of loans:

(Dollars in thousands)	March 31, 2017			December 31, 2016
Mortgage loans on real estate:
Construction, Land and Land Development	$	44,119		$	39,818
Farmland		994			1,023
Commercial Mortgages (Non-Owner Occupied)		35,464			35,343
Commercial Mortgages (Owner Occupied)		42,550			41,825
Residential First Mortgages		205,106			194,007
Residential Revolving and Junior Mortgages		27,090			26,425
Commercial and Industrial loans		46,205			43,024
Consumer Loans		3,324			3,544
Total loans		404,852			385,009
Net unamortized deferred loan costs		409			391
Allowance for loan losses		(3,993	)		(3,863	)
Loans, net	$	401,268		$	381,537

The recorded investment in past due and non-accruing loans is shown in the following table. A loan past due by more than 90 days 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
March 31, 2017	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage Loans on Real Estate:
Construction, Land and Land Development	$	—	$	—	$	547	$	547	$	43,572	$	44,119
Farmland		—		—		—		—		994		994
Commercial Mortgages (Non-Owner Occupied)		—		—		—		—		35,464		35,464
Commercial Mortgages (Owner Occupied)		—		—		2,148		2,148		40,402		42,550
Residential First Mortgages		402		—		1,975		2,377		202,729		205,106
Residential Revolving and Junior Mortgages		—		—		1,039		1,039		26,051		27,090
Commercial and Industrial		603		—		111		714		45,491		46,205
Consumer Loans		—		—		—		—		3,324		3,324
Total	$	1,005	$	—	$	5,820	$	6,825	$	398,027	$	404,852
			90 Days or
	30-89		More Past				Total Past
	Days		Due and				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