Loans And Leases (Tables)

12 Months Ended

Dec. 31, 2020

Recorded Investment In Loans By Portfolio Segment



	December 31, 2020		December 31, 2019
Commercial (1)	$	338,286	$	170,646
Real estate:
Single-family residential		147,860		120,256
Multi-family residential		45,375		39,229
Commercial		277,028		247,543
Construction		80,426		67,652
Consumer:
Home equity lines of credit		20,962		20,941
Other		2,429		4,174
Subtotal		912,366		670,441
Less: ALLL		(17,022)		(7,138)
Loans and Leases, net	$	895,344	$	663,303

⁽¹⁾

Includes $4,133 and $4,779 of commercial leases at December 31, 2020 and December 31, 2019, respectively.

Activity In ALLL By Portfolio Segment


	December 31, 2020
			Real Estate								Consumer
	Commercial		Single-family		Multi-family		Commercial		Construction		Home Equity lines of credit		Other		Total
Beginning balance	$	2,054	$	948	$	447	$	2,604	$	759	$	265	$	61	$	7,138
Addition to (reduction in) provision for loan losses		2,005		745		20		6,580		1,495		15		55		10,915
Charge-offs		(648)		(425)		-		-		-		(21)		-		(1,094)
Recoveries		15		31		-		-		-		17		-		63
Ending balance	$	3,426	$	1,299	$	467	$	9,184	$	2,254	$	276	$	116	$	17,022


	December 31, 2019
			Real Estate								Consumer
	Commercial		Single-family		Multi-family		Commercial		Construction		Home Equity lines of credit		Other		Total
Beginning balance	$	1,819	$	1,061	$	612	$	2,274	$	739	$	410	$	97	$	7,012
Addition to (reduction in) provision for loan losses		235		(120)		(165)		225		20		(195)		-		-
Charge-offs		-		-		-		-		-		-		(36)		(36)
Recoveries		-		7		-		105		-		50		-		162
Ending balance	$	2,054	$	948	$	447	$	2,604	$	759	$	265	$	61	$	7,138

Balance In ALLL And Recorded Investment In Loans By Portfolio Segment And Based On Impairment Method

The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on impairment method as of December 31, 2020:



			Real Estate								Consumer
	Commercial		Single- family		Multi- family		Commercial		Construction		Home Equity lines of credit		Other		Total
ALLL:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-	$	-	$	-	$	23	$	-	$	-	$	-	$	23
Collectively evaluated for impairment		3,426		1,299		467		9,161		2,254		276		116		16,999
Total ending allowance balance	$	3,426	$	1,299	$	467	$	9,184	$	2,254	$	276	$	116	$	17,022

Loans:
Individually evaluated for impairment	$	268	$	104	$	-	$	2,718	$	-	$	-	$	-	$	3,090
Collectively evaluated for impairment		338,018		147,756		45,375		274,310		80,426		20,962		2,429		909,276
Total ending loan balance	$	338,286	$	147,860	$	45,375	$	277,028	$	80,426	$	20,962	$	2,429	$	912,366

The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on impairment method as of December 31, 2019:



			Real Estate								Consumer
	Commercial		Single- family		Multi- family		Commercial		Construction		Home Equity lines of credit		Other		Total
ALLL:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	1	$	1	$	-	$	33	$	-	$	-	$	-	$	35
Collectively evaluated for impairment		2,053		947		447		2,571		759		265		61		7,103
Total ending allowance balance	$	2,054	$	948	$	447	$	2,604	$	759	$	265	$	61	$	7,138

Loans:
Individually evaluated for impairment		85	$	107	$	-	$	4,420	$	-	$	-	$	-	$	4,612
Collectively evaluated for impairment		170,561		120,149		39,229		243,123		67,652		20,941		4,174		665,829
Total ending loan balance	$	170,646	$	120,256	$	39,229	$	247,543	$	67,652	$	20,941	$	4,174	$	670,441

Individually Evaluated For Impairment By Class Of Loans

The following table presents loans individually evaluated for impairment by class of loans as of and for the year ended December 31, 2020. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, deferred loan fees and costs. Cash payments of interest on these loans during the twelve months ended December 31, 2020 totaled $159.


	Unpaid Principal Balance		Recorded Investment		ALLL Allocated		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Real estate:
Commercial:
Owner occupied	$	-	$	-	$	-	$	-	$	-
Total with no allowance recorded		-		-		-		-		-

With an allowance recorded:
Commercial (1)		533		268		-		489		10
Real estate:
Single-family residential (1)		104		104		-		106		4
Commercial:
Non-owner occupied		2,718		2,718		23		2,728		150
Total with an allowance recorded		3,355		3,090		23		3,323		164
Total	$	3,355	$	3,090	$	23	$	3,323	$	164

⁽¹⁾

Allowance recorded is less than $1 resulting in rounding to zero

The following table presents loans individually evaluated for impairment by class of loans as of and for the year ended December 31, 2019. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, deferred loan fees and costs. Cash payments of interest on these loans during the twelve months ended December 31, 2019 totaled $168.


	Unpaid Principal Balance		Recorded Investment		ALLL Allocated		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Real estate:
Commercial:
Owner occupied	$	-	$	-	$	-	$	111	$	6
Total with no allowance recorded		-		-		-		111		6

With an allowance recorded:
Commercial		85		85		1		92		-
Real estate:
Single-family residential		107		107		1		108		6
Commercial:
Non-owner occupied		4,420		4,420		33		4,194		154
Total with an allowance recorded		4,612		4,612		35		4,394		160
Total	$	4,612	$	4,612	$	35	$	4,505	$	166

Recorded Investment In Nonaccrual Loans By Class Of Loans


	2020		2019
Loans past due over 90 days still on accrual	$	-	$	-
Nonaccrual loans:
Commercial		190		85
Real estate:
Single-family residential		421		550
Commercial:
Non-owner occupied		-		1,689
Consumer:
Home equity lines of credit:
Originated for portfolio		12		36
Purchased for portfolio		72		79
Other consumer		-		-
Total nonaccrual		695		2,439
Total nonperforming loans	$	695	$	2,439

Aging Of Recorded Investment In Past Due Loans By Class Of Loans

The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2020:


	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Loans Not Past Due		Nonaccrual Loans Not > 90 days Past Due
Commercial	$	-	$	-	$	-	$	-	$	338,286	$	190
Real estate:
Single-family residential		1,747		-		315		2,062		145,798		106
Multi-family residential		-		-		-		-		45,375		-
Commercial:
Non-owner occupied		-		78		-		78		159,835		-
Owner occupied		-		-		-		-		90,049		-
Land		-		-		-		-		27,066		-
Construction		-		-		-		-		80,426		-
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		-		-		20,773		12
Purchased for portfolio		-		-		46		46		143		26
Other		-		-		-		-		2,429		-
Total	$	1,747	$	78	$	361	$	2,186	$	910,180	$	334

The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2019:



	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Loans Not Past Due		Nonaccrual Loans Not > 90 days Past Due
Commercial	$	-	$	71	$	-	$	71	$	170,575	$	85
Real estate:
Single-family residential		2,453		261		426		3,140		117,116		124
Multi-family residential		-		-		-		-		39,229		-
Commercial:
Non-owner occupied		-		-		1,689		1,689		138,762		-
Owner occupied		-		-		-		-		81,871		-
Land		-		-		-		-		25,221		-
Construction		304		-		-		304		67,348		-
Consumer:
Home equity lines of credit:
Originated for portfolio		-		-		22		22		20,713		14
Purchased for portfolio		-		-		-		-		206		79
Other		-		-		-		-		4,174		-
Total	$	2,757	$	332	$	2,137	$	5,226	$	665,215	$	302

Nonaccrual Loans As Troubled Debt Restructuring




	2020		2019
Commercial	$	190	$	85
Total	$	190	$	85

Recorded Investment In Loans By Risk Category And Class Of Loans

The recorded investment in loans and leases by risk category and by class of loans as of December 31, 2020 and based on the most recent analysis performed follows.


	Not Rated		Pass		Special Mention		Substandard		Doubtful		Total
Commercial	$	1	$	337,110	$	664	$	321	$	190	$	338,286
Real estate:
Single-family residential		147,439		-		-		421		-		147,860
Multi-family residential		-		45,249		-		126		-		45,375
Commercial:
Non-owner occupied		57		150,084		7,054		2,718		-		159,913
Owner occupied		-		87,636		1,537		876		-		90,049
Land		-		27,066		-		-		-		27,066
Construction		-		80,247		179		-		-		80,426
Consumer:
Home equity lines of credit:
Originated for portfolio		20,746		-		-		27		-		20,773
Purchased for portfolio		118		-		-		71		-		189
Other		2,429		-		-		-		-		2,429
	$	170,790	$	727,392	$	9,434	$	4,560	$	190	$	912,366

The recorded investment in loans and leases by risk category and class of loans as of December 31, 2019 follows. There were no loans rated doubtful at December 31, 2019.



	Not Rated		Pass		Special Mention		Substandard		Total
Commercial	$	-	$	168,617	$	1,424	$	605	$	170,646
Real estate:
Single-family residential		119,707		-		-		549		120,256
Multi-family residential		-		39,081		-		148		39,229
Commercial:
Non-owner occupied		67		134,466		1,498		4,420		140,451
Owner occupied		-		79,773		2,098		-		81,871
Land		-		25,221		-		-		25,221
Construction		1,855		65,797		-		-		67,652
Consumer:
Home equity lines of credit:
Originated for portfolio		20,681		-		-		54		20,735
Purchased for portfolio		127		-		-		79		206
Other		4,174		-		-		-		4,174
	$	146,611	$	512,955	$	5,020	$	5,855	$	670,441

Components Of Net Investment In Direct Financing Leases


	December 31, 2020		December 31, 2019
Total minimum lease payments to be received	$	4,459	$	5,252
Less: unearned income		(326)		(473)
Net investment in direct financing leases	$	4,133	$	4,779

⁽¹⁾

There were no initial direct costs associated with these leases

Summary Of Future Minimum Lease Payments Receivable


2021		793
2022		793
2023		1,563
2024		1,310
	$	4,459