LOANS (Tables)

9 Months Ended

Sep. 30, 2017

Receivables [Abstract]

Composition of loans receivable and loans held-for-sale

	September 30, 2017									December 31, 2016
(In thousands)	Business Activities  Loans			Acquired Loans			Total			Business Activities  Loans			Acquired Loans			Total
Residential 1-4 family	$	304,711		$	5,626		$	310,337		$	295,030		$	6,098		$	301,128
Residential 5+ multifamily		11,904			5,251			17,155			7,976			5,649			13,625
Construction of residential 1-4 family		11,582			—			11,582			10,951			—			10,951
Home equity lines of credit		35,529			—			35,529			35,487			—			35,487
Residential real estate		363,726			10,877			374,603			349,444			11,747			361,191
Commercial		180,055			67,306			247,361			155,628			79,854			235,482
Construction of commercial		8,444			809			9,253			3,481			1,917			5,398
Commercial real estate		188,499			68,115			256,614			159,109			81,771			240,880
Farm land		4,692			—			4,692			3,914			—			3,914
Vacant land		7,464			—			7,464			6,600			—			6,600
Real estate secured		564,381			78,992			643,373			519,067			93,518			612,585
Commercial and industrial		114,447			14,126			128,573			121,144			20,329			141,473
Municipal		12,499			—			12,499			8,626			—			8,626
Consumer		4,851			49			4,900			5,312			68			5,380
Loans receivable, gross		696,178			93,167			789,345			654,149			113,915			768,064
Deferred loan origination fees and costs, net		1,285			—			1,285			1,247			—			1,247
Allowance for loan losses		(6,280	)		(214	)		(6,494	)		(5,816	)		(311	)		(6,127	)
Loans receivable, net	$	691,183		$	92,953		$	784,136		$	649,580		$	113,604		$	763,184
Loans held-for-sale
Residential 1-4 family	$	561		$	—		$	561		$	—		$	—		$	—

Composition of loans receivable by risk rating grade

Business Activities Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
September 30, 2017
Residential 1-4 family	$	294,812	$	6,657	$	3,242	$	—	$	—	$	304,711
Residential 5+ multifamily		9,917		1,834		153		—		—		11,904
Construction of residential 1-4 family		11,582		—		—		—		—		11,582
Home equity lines of credit		34,463		738		328		—		—		35,529
Residential real estate		350,774		9,229		3,723		—		—		363,726
Commercial		170,227		3,611		6,217		—		—		180,055
Construction of commercial		8,334		—		110		—		—		8,444
Commercial real estate		178,561		3,611		6,327		—		—		188,499
Farm land		3,712		—		980		—		—		4,692
Vacant land		7,349		79		36		—		—		7,464
Real estate secured		540,396		12,919		11,066		—		—		564,381
Commercial and industrial		112,799		1,225		423		—		—		114,447
Municipal		12,499		—		—		—		—		12,499
Consumer		4,812		39		—		—		—		4,851
Loans receivable, gross	$	670,506	$	14,183	$	11,489	$	—	$	—	$	696,178

Acquired Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
September 30, 2017
Residential 1-4 family	$	5,475	$	103	$	48	$	—	$	—	$	5,626
Residential 5+ multifamily		5,251		—		—		—		—		5,251
Construction of residential 1-4 family		—		—		—		—		—		—
Home equity lines of credit		—		—		—		—		—		—
Residential real estate		10,726		103		48		—		—		10,877
Commercial		59,511		2,118		5,677		—		—		67,306
Construction of commercial		551		—		258		—		—		809
Commercial real estate		60,062		2,118		5,935		—		—		68,115
Farm land		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—
Real estate secured		70,788		2,221		5,983		—		—		78,992
Commercial and industrial		13,199		844		83		—		—		14,126
Municipal		—		—		—		—		—		—
Consumer		47		2		—		—		—		49
Loans receivable, gross	$	84,034	$	3,067	$	6,066	$	—	$	—	$	93,167

Business Activities Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
December 31, 2016
Residential 1-4 family	$	285,939	$	6,170	$	2,832	$	89	$	—	$	295,030
Residential 5+ multifamily		5,907		1,906		163		—		—		7,976
Construction of residential 1-4 family		10,951		—		—		—		—		10,951
Home equity lines credit		34,299		512		676		—		—		35,487
Residential real estate		337,096		8,588		3,671		89		—		349,444
Commercial		145,849		3,759		6,020		—		—		155,628
Construction of commercial		3,366		—		115		—		—		3,481
Commercial real estate		149,215		3,759		6,135		—		—		159,109
Farm land		2,912		—		1,002		—		—		3,914
Vacant land		6,513		87		—		—		—		6,600
Real estate secured		495,736		12,434		10,808		89		—		519,067
Commercial and industrial		118,804		1,734		606		—		—		121,144
Municipal		8,626		—		—		—		—		8,626
Consumer		5,288		24		—		—		—		5,312
Loans receivable, gross	$	628,454	$	14,192	$	11,414	$	89	$	—	$	654,149

Acquired Loans

(in thousands)	Pass		Special mention		Substandard		Doubtful		Loss		Total
December 31, 2016
Residential 1-4 family	$	5,989	$	109	$	—	$	—	$	—	$	6,098
Residential 5+ multifamily		5,649		—		—		—		—		5,649
Construction of residential 1-4 family		—		—		—		—		—		—
Home equity lines of credit		—		—		—		—		—		—
Residential real estate		11,638		109		—		—		—		11,747
Commercial		70,007		4,059		5,788		—		—		79,854
Construction of commercial		1,659		—		258		—		—		1,917
Commercial real estate		71,666		4,059		6,046		—		—		81,771
Farm land		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—
Real estate secured		83,304		4,168		6,046		—		—		93,518
Commercial and industrial		19,110		1,160		59		—		—		20,329
Municipal		—		—		—		—		—		—
Consumer		65		3		—		—		—		68
Loans receivable, gross	$	102,479	$	5,331	$	6,105	$	—	$	—	$	113,915

Composition of loans receivable by delinquency status

Business Activities Loans

			Past due
									180		30		Accruing
(in thousands)	Current		30-59		60-89		90-179		days		days		90 days		Non-
			days		days		days		and		and		and		accrual
									over		over		over
September 30, 2017
Residential 1-4 family	$	301,613	$	1,108	$	228	$	430	$	1,332	$	3,098	$	102	$	2,169
Residential 5+ multifamily		11,904		—		—		—		—		—		—		153
Construction of residential 1-4 family		11,582		—		—		—		—		—		—		—
Home equity lines of credit		34,753		293		394		89		—		776		—		209
Residential real estate		359,852		1,401		622		519		1,332		3,874		102		2,531
Commercial		177,985		276		—		—		1,793		2,069		—		1,793
Construction of commercial		8,444		—		—		—		—		—		—		—
Commercial real estate		186,429		276		—		—		1,793		2,069		—		1,793
Farm land		3,711		258		—		—		723		981		—		980
Vacant land		7,428		—		—		36		—		36		36		—
Real estate secured		557,420		1,935		622		555		3,848		6,960		138		5,304
Commercial and industrial		114,037		194		5		75		137		411		75		137
Municipal		12,499		—		—		—		—		—		—		—
Consumer		4,774		75		2		—		—		77		—		—
Loans receivable, gross	$	688,730	$	2,204	$	629	$	630	$	3,985	$	7,448	$	213	$	5,441

Acquired Loans

			Past due
									180		30		Accruing
(in thousands)	Current		30-59		60-89		90-179		days		days		90 days		Non-
			days		days		days		and		and		and		accrual
									over		over		over
September 30, 2017
Residential 1-4 family	$	5,626	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential 5+ multifamily		5,251		—		—		—		—		—		—		—
Construction of residential 1-4 family		—		—		—		—		—		—		—		—
Home equity lines of credit		—		—		—		—		—		—		—		—
Residential real estate		10,877		—		—		—		—		—		—		—
Commercial		64,204		698		4		545		1,856		3,103		545		1,856
Construction of commercial		551		—		—		—		258		258		—		258
Commercial real estate		64,755		698		4		545		2,114		3,361		545		2,114
Farm land		—		—		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—		—		—
Real estate secured		75,632		698		4		545		2,114		3,361		545		2,114
Commercial and industrial		13,754		61		310		—		—		371		—		—
Municipal		—		—		—		—		—		—		—		—
Consumer		49		—		—		—		—		—		—		—
Loans receivable, gross	$	89,435	$	759	$	314	$	545	$	2,114	$	3,732	$	545	$	2,114

Business Activities Loans

			Past due
									180		30		Accruing
(in thousands)	Current		30-59		60-89		90-179		days		days		90 days		Non-
			days		days		days		and		and		and		accrual
									over		over		over
December 31, 2016
Residential 1-4 family	$	291,941	$	1,161	$	213	$	327	$	1,388	$	3,089	$	236	$	1,920
Residential 5+ multifamily		7,976		—		—		—		—		—		—		163
Construction of residential 1-4 family		10,951		—		—		—		—		—		—		—
Home equity lines of credit		35,190		155		88		—		54		297		—		519
Residential real estate		346,058		1,316		301		327		1,442		3,386		236		2,602
Commercial		152,905		451		250		1,793		229		2,723		—		2,022
Construction of commercial		3,481		—		—		—		—		—		—		—
Commercial real estate		156,386		451		250		1,793		229		2,723		—		2,022
Farm land		2,402		789		—		—		723		1,512		—		1,002
Vacant land		6,575		25		—		—		—		25		—		—
Real estate secured		511,421		2,581		551		2,120		2,394		7,646		236		5,626
Commercial and industrial		120,719		140		239		46		—		425		20		27
Municipal		8,626		—		—		—		—		—		—		—
Consumer		5,268		26		15		3		—		44		—		4
Loans receivable, gross	$	646,034	$	2,747	$	805	$	2,169	$	2,394	$	8,115	$	256	$	5,657

Acquired Loans

			Past due
									180		30		Accruing
(in thousands)	Current		30-59		60-89		90-179		days		days		90 days		Non-
			days		days		days		and		and		and		accrual
									over		over		over
December 31, 2016
Residential 1-4 family	$	5,954	$	144	$	—	$	—	$	—	$	144	$	—	$	—
Residential 5+ multifamily		5,649		—		—		—		—		—		—		—
Construction of residential 1-4 family		—		—		—		—		—		—		—		—
Home equity lines of credit		—		—		—		—		—		—		—		—
Residential real estate		11,603		144		—		—		—		144		—		—
Commercial		76,471		762		—		346		2,275		3,383		—		2,621
Construction of commercial		1,659		—		—		—		258		258		—		258
Commercial real estate		78,130		762		—		346		2,533		3,641		—		2,879
Farm land		—		—		—		—		—		—		—		—
Vacant land		—		—		—		—		—		—		—		—
Real estate secured		89,733		906		—		346		2,533		3,785		—		2,879
Commercial and industrial		19,904		425		—		—		—		425		—		—
Municipal		—		—		—		—		—		—		—		—
Consumer		68		—		—		—		—		—		—		—
Loans receivable, gross	$	109,705	$	1,331	$	—	$	346	$	2,533	$	4,210	$	—	$	2,879

Troubled debt restructurings

Business Activities Loans

	Nine months ended
	September 30, 2017						September 30, 2016
(in thousands)	Quantity		Pre- modification balance		Post- modification balance		Quantity		Pre- modification balance		Post- modification balance
Residential real estate		—	$	—	$	—		4	$	683	$	683
Commercial real estate		1		600		600		2		2,123		2,123
Troubled debt restructurings		1	$	600	$	600		6	$	2,806	$	2,806
Rate reduction and term extension		—	$	—	$	—		1	$	174	$	174
Debt consolidation		—		—		—		2		2,123		2,123
Term extension		1		600		600		3		509		509
Troubled debt restructurings		1	$	600	$	600		6	$	2,806	$	2,806

Acquired Loans

No acquired loans have been modified as a troubled debt restructure during the nine months ended September 30, 2017 and September 30, 2016.

Changes in allowance for loan losses

Changes in the allowance for loan losses are as follows:

	Business Activities Loans												Acquired Loans
(in thousands)	Three months ended September 30, 2017												Three months ended September 30, 2017
	Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance		Beginning balance		Provision		Charge- offs			Reco- veries		Ending balance
Residential	$	2,353	$	34		$	(93	)	$	4	$	2,298	$	—	$	—	$	—		$	—	$	—
Commercial		2,099		50			—			69		2,218		285		53		(190	)		48		196
Land		154		51			(27	)		—		178		—		—		—			—		—
Real estate		4,606		135			(120	)		73		4,694		285		53		(190	)		48		196
Commercial and industrial		979		(59	)		—			1		921		22		31		(41	)		6		18
Municipal		18		2			—			—		20		—		—		—			—		—
Consumer		69		12			(17	)		4		68		—		—		—			—		—
Unallocated		514		63			—			—		577		—		—		—			—		—
Totals	$	6,186	$	153		$	(137	)	$	78	$	6,280	$	307	$	84	$	(231	)	$	54	$	214

	Business Activities Loans												Acquired Loans
(in thousands)	Nine months ended September 30, 2017												Nine months ended September 30, 2017
	Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance		Beginning balance		Provision		Charge- offs			Reco- veries		Ending balance
Residential	$	2,427	$	35		$	(172	)	$	8	$	2,298	$	—	$	—	$	—		$	—	$	—
Commercial		1,683		504			(38	)		69		2,218		275		184		(340	)		77		196
Land		198		23			(43	)		—		178		—		—		—			—		—
Real estate		4,308		562			(253	)		77		4,694		275		184		(340	)		77		196
Commercial and industrial		1,043		(115	)		(57	)		50		921		36		72		(105	)		15		18
Municipal		53		(33	)		—			—		20		—		—		—			—		—
Consumer		75		43			(63	)		13		68		—		—		—			—		—
Unallocated		337		240			—			—		577		—		—		—			—		—
Totals	$	5,816	$	697		$	(373	)	$	140	$	6,280	$	311	$	256	$	(445	)	$	92	$	214

	Business Activities Loans												Acquired Loans
(in thousands)	Three months ended September 30, 2016												Three months ended September 30, 2016
	Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance		Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance
Residential	$	2,248	$	224		$	(155	)	$	8	$	2,325	$	69	$	5		$	—		$	—	$	74
Commercial		1,734		29			(1	)		—		1,762		134		37			—			—		171
Land		166		82			(42	)		—		206		—		—			—			—		—
Real estate		4,148		335			(198	)		8		4,293		203		42			—			—		245
Commercial and industrial		851		(16	)		(2	)		25		858		37		(11	)		—			8		34
Municipal		56		(3	)		—			—		53		—		—			—			—		—
Consumer		89		17			(17	)		5		94		—		—			—			—		—
Unallocated		334		(19	)		—			—		315		—		—			—			—		—
Totals	$	5,478	$	314		$	(217	)	$	38	$	5,613	$	240	$	31		$	—		$	8	$	279
	Business Activities Loans												Acquired Loans
(in thousands)	Nine months ended September 30, 2016												Nine months ended September 30, 2016
	Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance		Beginning balance		Provision			Charge- offs			Reco- veries		Ending balance
Residential	$	2,477	$	370		$	(550	)	$	28	$	2,325	$	79	$	(5	)	$	—		$	—	$	74
Commercial		1,466		332			(37	)		1		1,762		132		133			(98	)		4		171
Land		188		106			(88	)		—		206		—		—			—			—		—
Real estate		4,131		808			(675	)		29		4,293		211		128			(98	)		4		245
Commercial and industrial		683		(167	)		(32	)		40		858		24		403			(416	)		23		34
Municipal		61		(8	)		—			—		53		—		—			—			—		—
Consumer		124		1			(46	)		15		94		—		—			—			—		—
Unallocated		482		(167	)		—			—		315		—		—			—			—		—
Totals	$	5,481	$	801		$	(753	)	$	84	$	5,613	$	235	$	531		$	(514	)	$	27	$	279