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Loans And Leases (Tables)

12 Months Ended

Dec. 31, 2022

Recorded Investment In Loans By Portfolio Segment



	December 31, 2022		December 31, 2021
Commercial ⁽¹⁾	$	427,423	$	336,881
Real estate:
Single-family residential		465,057		346,797
Multi-family residential		104,148		76,785
Commercial		375,092		359,562
Construction		184,122		83,360
Consumer:
Home equity lines of credit		30,748		24,228
Other		1,727		2,044
Subtotal		1,588,317		1,229,657
Less: ALLL		(16,062)		(15,508)
Loans and Leases, net	$	1,572,255	$	1,214,149

⁽¹⁾Includes $20,768 and $23,157 of commercial leases at December 31, 2022 and December 31, 2021, respectively.

Activity In ALLL By Portfolio Segment


	December 31, 2022
			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		900		547		170		(1,650)		900		50		(130)		787
Charge-offs		(263)		-		-		-		-		-		-		(263)
Recoveries		-		19		-		-		-		11		-		30
Ending balance	$	4,764	$	3,914	$	997	$	3,384	$	2,644	$	333	$	26	$	16,062


	December 31, 2021
			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		645		2,040		360		(4,150)		(510)		(25)		40		(1,600)
Charge-offs		-		(17)		-		-		-		-		-		(17)
Recoveries		56		26		-		-		-		21		-		103
Ending balance	$	4,127	$	3,348	$	827	$	5,034	$	1,744	$	272	$	156	$	15,508


	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

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, 2022:



			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	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Collectively evaluated for impairment		4,764		3,914		997		3,384		2,644		333		26		16,062
Total ending allowance balance	$	4,764	$	3,914	$	997	$	3,384	$	2,644	$	333	$	26	$	16,062

Loans:
Individually evaluated for impairment	$	80	$	95	$	-	$	-	$	-	$	-	$	-	$	175
Collectively evaluated for impairment		427,343		464,962		104,148		375,092		184,122		30,748		1,727		1,588,142
Total ending loan balance	$	427,423	$	465,057	$	104,148	$	375,092	$	184,122	$	30,748	$	1,727	$	1,588,317

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, 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


At or for the year ended December 31, 2022:
	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⁾		371		80		-		125		1
Real estate:
Single-family residential ⁽¹⁾		95		95		-		97		5
Commercial:
Non-owner occupied		-		-		-		350		17
Total with an allowance recorded		466		175		-		572		23
Total	$	466	$	175	$	-	$	572	$	23

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


At or for the year ended December 31, 2021:
	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⁾		485		221		-		241		9
Real estate:
Single-family residential ⁽¹⁾		99		99		-		101		6
Commercial:
Non-owner occupied		2,658		2,658		20		2,688		150
Total with an allowance recorded		3,242		2,978		20		3,030		165
Total	$	3,242	$	2,978	$	20	$	3,030	$	165

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

‎


At or for the year ended December 31, 2020:
	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.

Recorded Investment In Nonaccrual Loans By Class Of Loans


	2022		2021
Loans past due over 90 days still on accrual	$	-	$	-
Nonaccrual loans:
Commercial		99		147
Real estate:
Single-family residential		641		656
Commercial:
Consumer:
Home equity lines of credit:
Originated for portfolio		18		153
Purchased for portfolio		-		41
Other consumer		3		-
Total nonaccrual		761		997
Total nonperforming loans	$	761	$	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 December 31, 2022:


	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	$	255	$	-	$	99	$	354	$	427,069	$	-
Real estate:
Single-family residential		966		167		563		1,696		463,361		78
Multi-family residential		-		-		-		-		104,148		-
Commercial:
Non-owner occupied		-		-		-		-		169,686		-
Owner occupied		-		-		-		-		172,698		-
Land		-		-		-		-		32,708		-
Construction		-		-		-		-		184,122		-
Consumer:
Home equity lines of credit:
Originated for portfolio		29		-		18		47		30,701		-
Purchased for portfolio		-		-		-		-		-		-
Other		-		-		3		3		1,724		-
Total	$	1,250	$	167	$	683	$	2,100	$	1,586,217	$	78

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




	2022		2021
Commercial	$	80	$	147
Total	$	80	$	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 as of December 31, 2022 and based on the most recent analysis performed follows.


	Not Rated		Pass		Special Mention		Substandard		Doubtful		Total
Commercial	$	-	$	422,673	$	4,651	$	19	$	80	$	427,423
Real estate:
Single-family residential		451,939		12,477		-		641		-		465,057
Multi-family residential		-		104,148		-		-		-		104,148
Commercial:
Non-owner occupied		-		168,731		955		-		-		169,686
Owner occupied		-		171,998		700		-		-		172,698
Land		-		32,708		-		-		-		32,708
Construction		3,084		180,520		518		-		-		184,122
Consumer:
Home equity lines of credit:
Originated for portfolio		30,730		-		-		18		-		30,748
Purchased for portfolio		-		-		-		-		-		-
Other		1,724		-		-		3		-		1,727
	$	487,477	$	1,093,255	$	6,824	$	681	$	80	$	1,588,317

The recorded investment in loans and leases by risk category and class of loans 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


	December 31, 2022		December 31, 2021
Total minimum lease payments to be received	$	22,533	$	25,488
Less: unearned income		(1,798)		(2,385)
Plus: Indirect initial costs		33		54
Net investment in direct financing leases	$	20,768	$	23,157

Summary Of Future Minimum Lease Payments Receivable


2023	$	6,903
2024		6,375
2025		5,606
2026		2,975
2027		624
Thereafter		50
	$	22,533