Loans and Allowance (Tables)

12 Months Ended

Dec. 31, 2018

Loans and Allowance [Abstract]

Schedule of Classes of Loans

Classes of loans at December 31, 2018 and 2017 include:

	December 31,		December 31,
	2018		2017
Real estate
Commercial	$	485,808	$	318,684
Commercial construction and development		53,310		28,164
Consumer closed end first mortgage		464,539		444,243
Consumer open end and junior liens		77,072		69,477
Total real estate loans		1,080,729		860,568
Other loans
Consumer loans
Auto		43,667		19,640
Boat/RVs		216,608		169,238
Other consumer loans		6,893		6,188
Commercial and industrial		149,359		131,079
Total other loans		416,527		326,145
Total loans		1,497,256		1,186,713
Undisbursed loans in process		(10,096)		(13,071)
Unamortized deferred loan costs, net		8,783		6,503
Allowance for loan losses		(13,281)		(12,387)
Net loans	$	1,482,662	$	1,167,758

Non-Accrual Loans Segregated by Class of Loans

Year-end non-accrual loans, segregated by class of loans, were as follows:

	December 31,		December 31,
	2018		2017
Real estate
Commercial	$	4,782	$	1,107
Commercial construction and development		62		-
Consumer closed end first mortgage		2,777		3,409
Consumer open end and junior liens		273		309
Consumer loans
Auto		88		22
Boat/RVs		470		198
Other consumer loans		46		16
Commercial and industrial		91		159
Total nonaccrual loans	$	8,589	$	5,220

Age Analysis of Past Due Loans Segregated by Class of Loans

An age analysis of the Company’s past due loans, segregated by class of loans, as of December 31, 2018 and 2017 are as follows:

	December 31, 2018
													Total Loans
													90 Days
	30‑59		60‑89		90 Days		Total				Total		Past Due
	Days Past		Days Past		or More		Past				Loans		and
	Due		Due		Past Due		Due		Current		Receivable		Accruing
Real estate
Commercial	$	1,145	$	536	$	4,377	$	6,058	$	479,750	$	485,808	$	-
Commercial construction and development		4,633		-		61		4,694		48,616		53,310		-
Consumer closed end first mortgage		7,847		1,662		2,696		12,205		452,334		464,539		517
Consumer open end and junior liens		353		114		220		687		76,385		77,072		-
Consumer loans
Auto		257		16		72		345		43,322		43,667		-
Boat/RVs		2,174		594		350		3,118		213,490		216,608		-
Other consumer loans		65		8		41		114		6,779		6,893		-
Commercial and industrial		617		93		91		801		148,558		149,359		-
Total	$	17,091	$	3,023	$	7,908	$	28,022	$	1,469,234	$	1,497,256	$	517

	December 31, 2017
													Total Loans
													90 Days
	30‑59		60‑89		90 Days		Total				Total		Past Due
	Days Past		Days Past		or More		Past				Loans		and
	Due		Due		Past Due		Due		Current		Receivable		Accruing
Real estate
Commercial	$	2,171	$	3,311	$	998	$	6,480	$	312,204	$	318,684	$	-
Commercial construction and development		-		-		-		-		28,164		28,164		-
Consumer closed end first mortgage		5,914		1,340		3,224		10,478		433,765		444,243		31
Consumer open end and junior liens		540		123		264		927		68,550		69,477		-
Consumer loans
Auto		114		24		1		139		19,501		19,640		-
Boat/RVs		1,613		338		103		2,054		167,184		169,238		-
Other consumer loans		65		18		12		95		6,093		6,188		-
Commercial and industrial		276		10		159		445		130,634		131,079		-
Total	$	10,693	$	5,164	$	4,761	$	20,618	$	1,166,095	$	1,186,713	$	31

Impaired Loans

The following tables present impaired loans as of December 31, 2018, 2017 and 2016:

	December 31, 2018
							Average
			Unpaid				Investment		Interest
	Recorded		Principal		Specific		in Impaired		Income
	Balance		Balance		Allowance		Loans		Recognized
Loans without a specific valuation allowance
Real estate
Commercial	$	6,324	$	6,377	$	-	$	1,882	$	-
Commercial construction and development		549		549		-		633		27
Consumer closed end first mortgage		1,137		1,137		-		1,260		-
Commercial and industrial		131		131		-		167		5
Loans with a specific valuation allowance
Real estate
Commercial		174		214		100		206		-
Total
Real estate
Commercial	$	6,498	$	6,591	$	100	$	2,088	$	-
Commercial construction and development	$	549	$	549	$	-	$	633	$	27
Consumer closed end first mortgage	$	1,137	$	1,137	$	-	$	1,260	$	-
Commercial and industrial	$	131	$	131	$	-	$	167	$	5
Total	$	8,315	$	8,408	$	100	$	4,148	$	32

	December 31, 2017
							Average
			Unpaid				Investment		Interest
	Recorded		Principal		Specific		in Impaired		Income
	Balance		Balance		Allowance		Loans		Recognized
Loans without a specific valuation allowance
Real estate
Commercial	$	878	$	878	$	-	$	765	$	1
Commercial construction and development		700		700		-		762		33
Consumer closed end first mortgage		1,543		1,543		-		1,451		1
Commercial and industrial		272		342		-		216		5
Loans with a specific valuation allowance
Real estate
Commercial		214		214		100		214		-
Total
Real estate
Commercial	$	1,092	$	1,092	$	100	$	979	$	1
Commercial construction and development	$	700	$	700	$	-	$	762	$	33
Consumer closed end first mortgage	$	1,543	$	1,543	$	-	$	1,451	$	1
Commercial and industrial	$	272	$	342	$	-	$	216	$	5
Total	$	3,607	$	3,677	$	100	$	3,408	$	40

	December 31, 2016
							Average
			Unpaid				Investment		Interest
	Recorded		Principal		Specific		in Impaired		Income
	Balance		Balance		Allowance		Loans		Recognized
Loans without a specific valuation allowance
Real estate
Commercial	$	665	$	665	$	-	$	2,207	$	68
Commercial construction and development		822		822		-		874		40
Consumer closed end first mortgage		1,869		1,869		-		1,328		-
Consumer open end and junior liens		-		-		-		193		-
Commercial and industrial		187		187		-		204		1
Loans with a specific valuation allowance
Real estate
Commercial		214		214		100		416		-
Total
Real estate
Commercial	$	879	$	879	$	100	$	2,623	$	68
Commercial construction and development	$	822	$	822	$	-	$	874	$	40
Consumer closed end first mortgage	$	1,869	$	1,869	$	-	$	1,328	$	-
Consumer open end and junior liens	$	-	$	-	$	-	$	193	$	-
Commercial and industrial	$	187	$	187	$	-	$	204	$	1
Total	$	3,757	$	3,757	$	100	$	5,222	$	109

Commercial and Retail Credit Exposure Credit Risk Profile by Internal Rating

	December 31, 2018
	Commercial								Consumer
			Special								Special
	Pass		Mention		Substandard		Doubtful		Pass		Mention		Substandard		Total
Real estate
Commercial	$	465,888	$	9,501	$	10,419	$	-							$	485,808
Commercial construction and development		46,649		6,112		549		-								53,310
Consumer closed end first mortgage									$	459,771	$	-	$	4,768		464,539
Consumer open end and junior liens										76,752		-		320		77,072
Other loans
Consumer loans
Auto										43,559		-		108		43,667
Boat/RVs										215,830		-		778		216,608
Other consumer loans										6,835		-		58		6,893
Commercial and industrial		141,705		4,009		3,645		-								149,359
	$	654,242	$	19,622	$	14,613	$	-	$	802,747	$	-	$	6,032	$	1,497,256

	December 31, 2017
	Commercial								Consumer
			Special								Special
	Pass		Mention		Substandard		Doubtful		Pass		Mention		Substandard		Total
Real estate
Commercial	$	309,451	$	4,219	$	4,996	$	18							$	318,684
Commercial construction and development		27,464		-		700		-								28,164
Consumer closed end first mortgage									$	439,075	$	-	$	5,168		444,243
Consumer open end and junior liens										69,130		-		347		69,477
Other loans
Consumer loans
Auto										19,616		-		24		19,640
Boat/RVs										169,036		-		202		169,238
Other consumer loans										6,133		-		55		6,188
Commercial and industrial		120,211		5,784		5,084		-								131,079
	$	457,126	$	10,003	$	10,780	$	18	$	702,990	$	-	$	5,796	$	1,186,713

Activity in Allowance for Loan Losses by Portfolio Segment

The following tables detail activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2018, 2017 and 2016. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses on other segments.

	December 31, 2018
	Commercial		Mortgage		Consumer		Total
Allowance for loan losses:
Balance, beginning of year	$	7,704	$	1,761	$	2,922	$	12,387
Provision charged (credited) to expense		914		(57)		1,263		2,120
Losses charged off		(204)		(174)		(1,088)		(1,466)
Recoveries		12		18		210		240
Balance, end of period	$	8,426	$	1,548	$	3,307	$	13,281

	December 31, 2017
	Commercial		Mortgage		Consumer		Total
Allowance for loan losses:
Balance, beginning of period	$	7,358	$	2,303	$	2,721	$	12,382
Provision charged (credited) to expense		483		(271)		1,008		1,220
Losses charged off		(161)		(284)		(967)		(1,412)
Recoveries		24		13		160		197
Balance, end of period	$	7,704	$	1,761	$	2,922	$	12,387

	December 31, 2016
	Commercial		Mortgage		Consumer		Total
Allowance for loan losses:
Balance, beginning of year	$	7,090	$	2,683	$	2,868	$	12,641
Provision charged to expense		457		15		378		850
Losses charged off		(274)		(420)		(788)		(1,482)
Recoveries		85		25		263		373
Balance, end of period	$	7,358	$	2,303	$	2,721	$	12,382

The following tables provide a breakdown of the allowance for loan losses and loan portfolio balances by segment as of December 31, 2018, 2017 and 2016.

	December 31, 2018
	Commercial		Mortgage		Consumer		Total
Allowance balances
Individually evaluated for impairment	$	100	$	-	$	-	$	100
Collectively evaluated for impairment		8,326		1,548		3,307		13,181
Loans acquired with deteriorated credit quality		-		-		-		-
Total allowance for loan losses	$	8,426	$	1,548	$	3,307	$	13,281
Loan balances
Individually evaluated for impairment	$	7,178	$	1,137	$	-	$	8,315
Collectively evaluated for impairment		681,299		463,402		344,240		1,488,941
Loans acquired with deteriorated credit quality		-		-		-		-
Gross loans	$	688,477	$	464,539	$	344,240	$	1,497,256

	December 31, 2017
	Commercial		Mortgage		Consumer		Total
Allowance balances
Individually evaluated for impairment	$	100	$	-	$	-	$	100
Collectively evaluated for impairment		7,604		1,761		2,922		12,287
Total allowance for loan losses	$	7,704	$	1,761	$	2,922	$	12,387
Loan balances
Individually evaluated for impairment	$	2,064	$	1,543	$	-	$	3,607
Collectively evaluated for impairment		475,863		442,700		264,543		1,183,106
Gross loans	$	477,927	$	444,243	$	264,543	$	1,186,713

	December 31, 2016
	Commercial		Mortgage		Consumer		Total
Allowance balances
Individually evaluated for impairment	$	100	$	-	$	-	$	100
Collectively evaluated for impairment		7,258		2,303		2,721		12,282
Total allowance for loan losses	$	7,358	$	2,303	$	2,721	$	12,382
Loan balances
Individually evaluated for impairment	$	1,888	$	1,869	$	-	$	3,757
Collectively evaluated for impairment		454,245		476,979		237,655		1,168,879
Gross loans	$	456,133	$	478,848	$	237,655	$	1,172,636

Troubled Debts Restructured

The following tables describe troubled debts restructured during the years ended December 31, 2018, 2017 and 2016.

	2018
		Pre-Modification		Post-Modification
	No. of Loans	Recorded Balance		Recorded Balance
Real estate
Commercial	1	$	26	$	30
Consumer closed end first mortgage	9		381		388
Consumer open end and junior liens	4		82		94
Other loans
Consumer Loans
Auto	3		31		30
Boat/RVs	6		353		348
Other	1		4		4
Commercial and industrial	1		60		61

	2017
		Pre-Modification		Post-Modification
	No. of Loans	Recorded Balance		Recorded Balance
Real estate
Consumer closed end first mortgage	7	$	320	$	324
Consumer open end and junior liens	2		16		16
Commercial and industrial	1		72		72

	2016
		Pre-Modification		Post-Modification
	No. of Loans	Recorded Balance		Recorded Balance
Real estate
Commercial	1	$	406	$	406
Commercial construction and development	1		83		83
Consumer closed end first mortgage	14		881		911
Consumer open end and junior liens	1		39		39
Other loans
Consumer loans
Auto	1		4		4
Boat/RVs	3		56		56
Other consumer loans	2		7		7

Newly Restructured Loans by Types

Newly restructured loans by type for the years ended December 31, 2018, 2017 and 2016 are as follows:

	2018
							Total
	Rate		Term		Combination		Modification
Real estate
Commercial	$	-	$	30	$	-	$	30
Consumer closed end first mortgage		-		38		350		388
Consumer open end and junior liens		-		35		59		94
Other loans
Consumer loans
Auto		-		30		-		30
Boat/RVs		-		321		27		348
Other consumer loans		-		4		-		4
Commercial and industrial		-		61		-		61

	2017
							Total
	Rate		Term		Combination		Modification
Real estate
Consumer closed end first mortgage	$	-	$	27	$	297	$	324
Consumer open end and junior liens		-		3		13		16
Commercial and industrial		-		72		-		72

	2016
							Total
	Rate		Term		Combination		Modification
Real Estate
Commercial	$	-	$	406	$	-	$	406
Construction and development		-		83		-		83
Consumer closed end first mortgage		-		47		864		911
Consumer open end and junior liens		-		-		39		39
Other loans
Consumer loans
Auto		-		-		4		4
Boat/RVs		-		48		8		56
Commercial and industrial		-		7		-		7

Troubled Debts Restructured Defaulted

Defaults of any loans modified as troubled debt restructurings made in the years ended December 31, 2018, 2017 and 2016, respectively, are listed in the tables below. Defaults are defined as any loans that become 90 days past due.

	2018
		Post-Modification Outstanding
	No. of Loans	Recorded Balance
Real Estate
Consumer closed end first mortgage	1	$	48
Consumer open end and junior liens	1		5

	2017
		Post-Modification Outstanding
	No. of Loans	Recorded Balance
Real Estate
Consumer closed end first mortgage	1	$	79

	2016
		Post-Modification Outstanding
	No. of Loans	Recorded Balance
Real Estate
Consumer closed end first mortgage	5	$	179
Other loans
Consumer loans
Boat/RV	1		7