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Loans And Leases (Tables)
 3 Months Ended
Mar. 31, 2022
Loans And Leases [Abstract]  
Recorded Investment In Loans By Portfolio Segment

March 31, 2022

December 31, 2021

(unaudited)

Commercial (1)

$

362,964

$

336,881

Real estate:

Single-family residential

376,475

346,797

Multi-family residential

74,064

76,785

Commercial

361,861

359,562

Construction

95,161

83,360

Consumer:

Home equity lines of credit

24,398

24,228

Other

1,913

2,044

Subtotal

1,296,836

1,229,657

Less: ALLL

(15,520)

(15,508)

Loans and leases, net

$

1,281,316

$

1,214,149

(1)Includes $21,765 and $23,157 of commercial leases at March 31, 2022 and December 31, 2021, respectively.
Activity In ALLL By Portfolio Segment The following tables present the activity in the ALLL by portfolio segment for the three months ended March 31, 2022:

Three months ended March 31, 2022 (unaudited)

Real Estate

Consumer

Commercial

Single-family

Multi-family

Commercial

Construction

Home Equity lines of credit

Other

Total

Beginning balance

$

4,127

$

3,348

$

827

$

5,034

$

1,744

$

272

$

156

$

15,508

Addition to (reduction in) provision for loan losses

300

150

(40)

(400)

-  

-  

(10)

-  

Charge-offs

-  

-  

-  

-  

-  

-  

-  

-  

Recoveries

-  

8

-  

-  

-  

4

-  

12

Ending balance

$

4,427

$

3,506

$

787

$

4,634

$

1,744

$

276

$

146

$

15,520

The following table presents the activity in the ALLL by portfolio segment for the three months ended March 31, 2021:

Three months ended March 31, 2021 (unaudited)

Real Estate

Consumer

Commercial

Single-family

Multi-family

Commercial

Construction

Home Equity lines of credit

Other

Total

Beginning balance

$

3,426

$

1,299

$

467

$

9,184

$

2,254

$

276

$

116

$

17,022

Addition to (reduction in) provision for loan losses

(55)

525

10

(500)

(25)

-  

45

-  

Charge-offs

-  

-  

-  

-  

-  

-  

-  

-  

Recoveries

56

3

-  

-  

-  

5

-  

64

Ending balance

$

3,427

$

1,827

$

477

$

8,684

$

2,229

$

281

$

161

$

17,086
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 the impairment method as of March 31, 2022 (unaudited):

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

$

-  

$

-  

$

-  

$

6 

$

-  

$

-  

$

-  

$

6 

Collectively evaluated for impairment

4,427 

3,506 

787 

4,628 

1,744 

276 

146 

15,514 

Total ending allowance balance

$

4,427 

$

3,506 

$

787 

$

4,634 

$

1,744 

$

276 

$

146 

$

15,520 

Loans:

Individually evaluated for impairment

$

139 

$

98 

$

-  

$

777 

$

-  

$

-  

$

-  

$

1,014 

Collectively evaluated for impairment

362,825 

376,377 

74,064 

361,084 

95,161 

24,398 

1,913 

1,295,822 

Total ending loan balance

$

362,964 

$

376,475 

$

74,064 

$

361,861 

$

95,161 

$

24,398 

$

1,913 

$

1,296,836 

The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on the impairment method as of December 31, 2021:

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

$

-  

$

-  

$

-  

$

20 

$

-  

$

-  

$

-  

$

20 

Collectively evaluated for impairment

4,127 

3,348 

827 

5,014 

1,744 

272 

156 

15,488 

Total ending allowance balance

$

4,127 

$

3,348 

$

827 

$

5,034 

$

1,744 

$

272 

$

156 

$

15,508 

Loans:

Individually evaluated for impairment

$

221 

$

99 

$

-  

$

2,658 

$

-  

$

-  

$

-  

$

2,978 

Collectively evaluated for impairment

336,660 

346,698 

76,785 

356,904 

83,360 

24,228 

2,044 

1,226,679 

Total ending loan balance

$

336,881 

$

346,797 

$

76,785 

$

359,562 

$

83,360 

$

24,228 

$

2,044 

$

1,229,657 
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 period ended March 31, 2022. 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, and deferred loan fees and costs. The table presents accrual basis interest income recognized during the three months ended March 31, 2022. Cash payments of interest on these loans during the three months ended March 31, 2022 totaled $30.

Three months ended

As of March 31, 2022

March 31, 2022

(unaudited)

(unaudited)

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)

403 

139 

-  

165 

1 

Real estate:

Single-family residential (1)

96 

98 

-  

99 

1 

Commercial:

Non-owner occupied

777 

777 

6 

1,399 

17 

Total with an allowance recorded

1,276 

1,014 

6 

1,663 

19 

Total

$

1,276 

$

1,014 

$

6 

$

1,663 

$

19 

(1)Allowance recorded in an amount less than $1 has been rounded down to zero.

The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2021. 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, and deferred loan fees and costs. The table presents accrual basis interest income recognized during the three months ended March 31, 2021. Cash payments of interest during the three months ended March 31, 2021 totaled $41.

Three months ended

As of December 31, 2021

March 31, 2021

(unaudited)

Unpaid Principal Balance

Recorded Investment

ALLL Allocated

Average Recorded Investment

Interest Income Recognized

With no related allowance recorded:

Commercial:

Owner occupied

$

-  

$

-  

$

-  

$

-  

$

-  

Total with no allowance recorded

-  

-  

-  

-  

-  

With an allowance recorded:

Commercial (1)

485 

221 

-  

78 

2 

Real estate:

Single-family residential (1)

99 

99 

-  

103 

1 

Commercial:

Non-owner occupied

2,658 

2,658 

20 

2,711 

38 

Total with an allowance recorded

3,242 

2,978 

20 

2,892 

41 

Total

$

3,242 

$

2,978 

$

20 

$

2,892 

$

41 
Recorded Investment In Nonaccrual Loans By Class Of Loans

March 31, 2022

December 31, 2021

(unaudited)

Loans past due over 90 days still on accrual

$

-  

$

-  

Nonaccrual loans:

Commercial

139

147

Real estate:

Single-family residential

653

656

Consumer:

Home equity lines of credit:

Originated for portfolio

153

153

Purchased for portfolio

61

41

Total nonaccrual

1,006

997

Total nonaccrual and nonperforming loans

$

1,006

$

997
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 March 31, 2022 (unaudited):

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

$

-  

$

-  

$

-  

$

-  

$

362,964

$

139

Real estate:

Single-family residential

169

-  

563

732

375,743

90

Multi-family residential

-  

-  

-  

-  

74,064

-  

Commercial:

Non-owner occupied

-  

-  

-  

-  

181,662

-  

Owner occupied

-  

-  

-  

-  

135,601

-  

Land

-  

-  

-  

-  

44,598

-  

Construction

-  

-  

-  

-  

95,161

-  

Consumer:

Home equity lines of credit:

Originated for portfolio

-  

-  

153

153

24,082

-  

Purchased for portfolio

-  

-  

61

61

102

-  

Other

-  

-  

-  

-  

1,913

-  

Total

$

169

$

-  

$

777

$

946

$

1,295,890

$

229

The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2021:

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

$

-  

$

-  

$

-  

$

-  

$

336,881

$

147

Real estate:

Single-family residential

2,144

652

563

3,359

343,438

93

Multi-family residential

-  

-  

-  

-  

76,785

-  

Commercial:

Non-owner occupied

-  

-  

-  

-  

185,130

-  

Owner occupied

-  

-  

-  

-  

134,352

-  

Land

-  

-  

-  

-  

40,080

-  

Construction

-  

-  

-  

-  

83,360

-  

Consumer:

Home equity lines of credit:

Originated for portfolio

2

-  

153

155

23,909

-  

Purchased for portfolio

-  

-  

41

41

123

-  

Other

-  

-  

-  

-  

2,044

-  

Total

$

2,146

$

652

$

757

$

3,555

$

1,226,102

$

240
Nonaccrual Loans As Troubled Debt Restructuring

March 31, 2022

December 31, 2021

(unaudited)

Commercial

$

139

$

147

Total

$

139

$

147
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 and leases as of March 31, 2022 and based on the most recent analysis performed follows.

(unaudited)

Not Rated

Pass

Special Mention

Substandard

Doubtful

Total

Commercial

$

227

$

362,598

$

-  

$

-  

$

139

$

362,964

Real estate:

Single-family residential

375,822

-  

-  

653

-  

376,475

Multi-family residential

-  

74,064

-  

-  

-  

74,064

Commercial:

Non-owner occupied

-  

180,886

-  

776

-  

181,662

Owner occupied

-  

133,776

1,825

-  

-  

135,601

Land

-  

44,598

-  

-  

-  

44,598

Construction

702

93,928

531

-  

-  

95,161

Consumer:

Home equity lines of credit:

Originated for portfolio

24,082

-  

-  

153

-  

24,235

Purchased for portfolio

102

-  

-  

61

-  

163

Other

1,913

-  

-  

-  

-  

1,913

$

402,848

$

889,850

$

2,356

$

1,643

$

139

$

1,296,836

The recorded investment in loans and leases by risk category and by class of loans and leases as of December 31, 2021 follows.

Not Rated

Pass

Special Mention

Substandard

Doubtful

Total

Commercial

$

-  

$

336,660

$

-  

$

74

$

147

$

336,881

Real estate:

Single-family residential

346,141

-  

-  

656

-  

346,797

Multi-family residential

-  

76,785

-  

-  

-  

76,785

Commercial:

Non-owner occupied

-  

182,472

-  

2,658

-  

185,130

Owner occupied

-  

132,470

1,882

-  

-  

134,352

Land

-  

40,080

-  

-  

-  

40,080

Construction

-  

82,825

535

-  

-  

83,360

Consumer:

Home equity lines of credit:

Originated for portfolio

23,911

-  

-  

153

-  

24,064

Purchased for portfolio

123

-  

-  

41

-  

164

Other

2,044

-  

-  

-  

-  

2,044

$

372,219

$

851,292

$

2,417

$

3,582

$

147

$

1,229,657
Components Of Net Investment In Direct Financing Leases

March 31, 2022

December 31, 2021

(unaudited)

Total minimum lease payments to be received

$

23,817

$

25,488

Less: unearned income

(2,100)

(2,385)

Plus: Indirect initial costs

48

54

Net investment in direct financing leases

$

21,765

$

23,157
Summary Of Future Minimum Lease Payments Receivable

2022, excluding the three months ended March 31, 2022

$

4,789

2023

6,137

2024

5,732

2025

4,795

2026

2,087

Thereafter

277

Total future minimum payments

$

23,817