Loans

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Loans

Note 6. Loans

The following table presents the Company’s composition of loans as of the dates stated.

	December 31, 2018			December 31, 2017
Mortgage loans on real estate:
Construction, land and land development	$	108,767		$	66,042
Farmland		708			923
Commercial mortgages (non-owner occupied)		180,074			146,757
Commercial mortgages (owner occupied)		87,241			80,052
Residential first mortgages		298,894			269,365
Residential revolving and junior mortgages		38,313			46,498
Commercial and industrial		164,608			114,093
Consumer		23,740			42,566
Total loans		902,345			766,296
Net unamortized deferred loan (fees) costs		(252	)		200
Allowance for loan losses		(7,902	)		(7,770	)
Loans receivable, net	$	894,191		$	758,726

The following tables present the recorded investment for past due and nonaccrual loans as of the dates stated. A loan past due 90 days or more is generally placed on nonaccrual unless it is both well-secured and in the process of collection. Loans presented below as 90 days or more past due and still accruing include PCI loans.

			90 Days or
	30-89		More Past				Total Past
	Days		Due and				Due and				Total
December 31, 2018	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage loans on real estate:
Construction, land and land development	$	552		—	$	740	$	1,292	$	107,475	$	108,767
Farmland		—		—		—		—		708		708
Commercial mortgages (non-owner occupied)		50		—		996		1,046		179,028		180,074
Commercial mortgages (owner occupied)		—		56		1,064		1,120		86,121		87,241
Residential first mortgages		1,341		55		1,361		2,757		296,137		298,894
Residential revolving and junior mortgages		115		—		782		897		37,416		38,313
Commercial and industrial		—		—		48		48		164,560		164,608
Consumer		329		—		215		544		23,196		23,740
Total loans	$	2,387	$	111	$	5,206	$	7,704	$	894,641	$	902,345

			90 Days or
	30-89		More Past				Total Past
	Days		Due and				Due and				Total
December 31, 2017	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage loans on real estate:
Construction, land and land development	$	261	$	—	$	1,237	$	1,498	$	64,544	$	66,042
Farmland		—		48		—		48		875		923
Commercial mortgages (non-owner occupied)		449		—		—		449		146,308		146,757
Commercial mortgages (owner occupied)		573		—		1,752		2,325		77,727		80,052
Residential first mortgages		2,670		141		1,942		4,753		264,612		269,365
Residential revolving and junior mortgages		449		20		1,338		1,807		44,691		46,498
Commercial and industrial		331		—		92		423		113,670		114,093
Consumer		288		4		135		427		42,139		42,566
Total loans	$	5,021	$	213	$	6,496	$	11,730	$	754,566	$	766,296

The following tables present an aging analysis, based upon contractual terms, of the recorded investment of PCI loans as of the dates stated, which are included in the tables above.

			90 Days or
	30-89		More Past				Total Past
	Days		Due and				Due and				Total
December 31, 2018	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage loans on real estate:
Construction, land and land development	$	23	$	—	$	—	$	23	$	1,355	$	1,378
Commercial mortgages (non-owner occupied)		—		—		—		—		142		142
Commercial mortgages (owner occupied)		—		56		—		56		237		293
Residential first mortgages		92		55		—		147		3,317		3,464
Residential revolving and junior Mortgages		—		—		—		—		—		—
Commercial and industrial		—		—		—		—		—		—
Consumer		—		—		—		—		46		46
Total purchased credit-impaired loans	$	115	$	111	$	—	$	226	$	5,097	$	5,323

			90 Days or
	30-89		More Past				Total Past
	Days		Due and				Due and				Total
December 31, 2017	Past Due		Still Accruing		Nonaccruals		Nonaccruals		Current		Loans
Mortgage loans on real estate:
Construction, land and land development	$	—	$	—	$	—	$	—	$	1,405	$	1,405
Commercial mortgages (non-owner occupied)		—		—		—		—		171		171
Commercial mortgages (owner occupied)		161		—		—		161		160		321
Residential first mortgages		349		141		—		490		3,320		3,810
Residential revolving and junior Mortgages		—		20		—		20		29		49
Commercial and industrial		—		—		—		—		—		—
Consumer		—		4		—		4		65		69
Total purchased credit-impaired loans	$	510	$	165	$	—	$	675	$	5,150	$	5,825

The following table presents the changes in the accretable yield for PCI loans for the period stated.

	For the Year Ended
	December 31, 2018
Balance as of December 31, 2017	$	1,087
Accretion of acquisition accounting adjustment		(358	)
Reclassifications from nonaccretable balance, net		(46	)
Other changes, net		400
Balance as of December 31, 2018	$	1,083

The following tables present the Company’s risk rating of loans by loan type as of the dates stated.

December 31, 2018	Construction, Land and Land Development		Farmland		Commercial Mortgages (Non-Owner Occupied)		Commercial Mortgages (Owner Occupied)		Residential First Mortgages		Residential Revolving and Junior Mortgages		Commercial and Industrial		Consumer		Total Loans
Grade:
Pass	$	100,299	$	708	$	174,661	$	79,375	$	280,663	$	35,900	$	158,590	$	8,144	$	838,340
Watch		6,299		—		4,275		6,522		14,709		1,306		3,802		15,245		52,158
Special mention		68		—		—		107		1,071		—		893		121		2,260
Substandard		2,101		—		1,138		1,237		2,451		1,107		1,323		230		9,587
Doubtful		—		—		—		—		—		—		—		—		—
Total loans	$	108,767	$	708	$	180,074	$	87,241	$	298,894	$	38,313	$	164,608	$	23,740	$	902,345

December 31, 2017	Construction, Land and Land Development		Farmland		Commercial Mortgages (Non-Owner Occupied)		Commercial Mortgages (Owner Occupied)		Residential First Mortgages		Residential Revolving and Junior Mortgages		Commercial and Industrial		Consumer		Total Loans
Grade:
Pass	$	55,949	$	923	$	140,625	$	67,732	$	256,614	$	43,659	$	110,281	$	12,431	$	688,214
Watch		6,690		—		5,931		10,076		8,624		1,376		2,373		29,917		64,987
Special mention		172		—		—		—		205		—		1,347		—		1,724
Substandard		3,231		—		201		2,244		3,922		1,463		92		218		11,371
Doubtful		—		—		—		—		—		—		—		—		—
Total loans	$	66,042	$	923	$	146,757	$	80,052	$	269,365	$	46,498	$	114,093	$	42,566	$	766,296