Loans (Tables)

6 Months Ended

Jun. 30, 2019

Summary of Loans

The following table presents a summary of loans as of the dates stated.

	June 30, 2019			December 31, 2018
Mortgage loans on real estate:
Construction, land and land development	$	110,598		$	109,475
Commercial mortgages (non-owner occupied)		178,532			180,074
Commercial mortgages (owner occupied)		82,990			87,241
Residential first mortgages		305,252			298,894
Residential revolving and junior mortgages		35,875			38,313
Commercial and industrial		187,531			164,608
Consumer		16,889			23,740
Total loans		917,667			902,345
Net unamortized deferred loan fees		(275	)		(252	)
Allowance for loan losses		(7,479	)		(7,902	)
Loans receivable, net	$	909,913		$	894,191

Recorded Investment for Past Due and Non-accruing Loans

The following tables present the recorded investment for past due, based upon contractual terms, 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 purchased credit-impaired (“PCI”) loans.

June 30, 2019	30-89 Days Past Due		90 Days or More Past Due and Still Accruing		Nonaccrual		Total Past Due and Nonaccrual		Current		Total Loans
Mortgage loans on real estate:
Construction, land and land development	$	225	$	—	$	698	$	923	$	109,675	$	110,598
Commercial mortgages (non-owner occupied)		—		—		434		434		178,098		178,532
Commercial mortgages (owner occupied)		144		—		238		382		82,608		82,990
Residential first mortgages		1,063		156		1,984		3,203		302,049		305,252
Residential revolving and junior mortgages		99		—		936		1,035		34,840		35,875
Commercial and industrial		—		—		—		—		187,531		187,531
Consumer		279		—		287		566		16,323		16,889
Total loans	$	1,810	$	156	$	4,577	$	6,543	$	911,124	$	917,667

December 31, 2018	30-89 Days Past Due		90 Days or More Past Due and Still Accruing		Nonaccrual		Total Past Due and Nonaccrual		Current		Total Loans
Mortgage loans on real estate:
Construction, land and land development	$	552	$	—	$	740	$	1,292	$	108,183	$	109,475
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

Schedule of Changes in Accretable Yield for PCI Loans

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

	For the Six Months Ended
	June 30, 2019
Balance as of December 31, 2018	$	1,083
Accretion of acquisition accounting adjustment		(184	)
Reclassifications from nonaccretable balance, net		55
Other changes, net		(96	)
Balance as of June 30, 2019	$	858

Internal Risk Rating Grades

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

June 30, 2019	Construction, Land and Land Development		Commercial Mortgages (Non-Owner Occupied)		Commercial Mortgages (Owner Occupied)		Residential First Mortgages		Residential Revolving and Junior Mortgages		Commercial and Industrial		Consumer		Total Loans
Rating:
Pass	$	108,524	$	177,969	$	82,423	$	301,753	$	34,552	$	180,375	$	16,598	$	902,194
Special mention		—		—		154		478		63		5,951		—		6,646
Substandard		2,074		563		413		3,021		1,260		1,205		291		8,827
Doubtful		—		—		—		—		—		—		—		—
Total loans	$	110,598	$	178,532	$	82,990	$	305,252	$	35,875	$	187,531	$	16,889	$	917,667

December 31, 2018	Construction, Land and Land Development		Commercial Mortgages (Non-Owner Occupied)		Commercial Mortgages (Owner Occupied)		Residential First Mortgages		Residential Revolving and Junior Mortgages		Commercial and Industrial		Consumer		Total Loans
Rating:
Pass	$	107,306	$	178,936	$	85,897	$	295,372	$	37,206	$	162,392	$	23,389	$	890,498
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	$	109,475	$	180,074	$	87,241	$	298,894	$	38,313	$	164,608	$	23,740	$	902,345

PCI Loans

Recorded Investment for Past Due and Non-accruing Loans

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

June 30, 2019	30-89 Days Past Due		90 Days or More Past Due and Still Accruing		Nonaccrual		Total Past Due and Nonaccrual		Current		Total PCI Loans
Mortgage loans on real estate:
Construction, land and land development	$	16	$	—	$	—	$	16	$	1,360	$	1,376
Commercial mortgages (non-owner occupied)		—		—		—		—		129		129
Commercial mortgages (owner occupied)		—		—		—		—		274		274
Residential first mortgages		30		156		—		186		3,088		3,274
Residential revolving and junior mortgages		—		—		—		—		—		—
Commercial and industrial		—		—		—		—		—		—
Consumer		—		—		—		—		45		45
Total purchased credit-impaired loans	$	46	$	156	$	—	$	202	$	4,896	$	5,098

December 31, 2018	30-89 Days Past Due		90 Days or More Past Due and Still Accruing		Nonaccrual		Total Past Due and Nonaccrual		Current		Total PCI 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