Loans, Allowance For Loan Losses And OREO (Tables)

3 Months Ended

Mar. 31, 2019

Loans, Allowance For Loan Losses And OREO [Abstract]


	As of:
	March 31,	December 31,
	2019	2018

Commercial	$99,327	$92,877
Commercial real estate	289,964	289,171
Consumer	85,289	86,191
Residential	66,052	66,358

Total loans (1)	540,632	534,597

Less allowance for loan losses	4,673	4,581

Net loans	$535,959	$530,016

(1)

Includes net deferred costs and premiums of $454 and $457 as of March 31, 2019 and December 31, 2018, respectively.

Loans On Non-Accrual Status


Loans on Non-Accrual Status
(dollars in thousands)
	As of
	March 31, 2019	December 31, 2018
Commercial	$992	$973
Commercial Real Estate:
Commercial Mortgages-Owner Occupied	308	317
Commercial Mortgages-Non-Owner Occupied	629	173
Commercial Construction	-	-
Consumer
Consumer Unsecured	-	-
Consumer Secured	254	84
Residential:
Residential Mortgages	1,439	1,391
Residential Consumer Construction	-	-

Totals	$3,622	$2,939

Changes In OREO Balance


OREO Changes
(dollars in thousands)
	Three months ended	Year ended
	March 31, 2019	December 31, 2018
Balance at the beginning of the year (net)	$2,430	$2,650
Transfers from loans	300	850
Capitalized costs	-	-
Valuation adjustments	(115)	(185)
Sales proceeds	(349)	(846)
Loss on disposition	(13)	(39)
Balance at the end of the period (net)	$2,253	$2,430

Impaired Loans


	Impaired Loans
	(dollars in thousands)
	As of and For the Three months Ended March 31, 2019
		Unpaid		Average	Interest
	Recorded	Principal	Related	Recorded	Income
2019	Investment	Balance	Allowance	Investment	Recognized
With No Related Allowance Recorded:
Commercial	$1,418	$1,933	$ -	$1,424	$11
Commercial Real Estate
Commercial Mortgages-Owner Occupied	2,514	2,613	-	2,464	44
Commercial Mortgage Non-Owner Occupied	629	645	-	380	7
Commercial Construction	-	-	-	-	-
Consumer
Consumer Unsecured	-	-	-	-	-
Consumer Secured	86	86	-	87	1
Residential
Residential Mortgages	2,066	2,134	-	1,971	26
Residential Consumer Construction	-	-	-	-	-

With An Allowance Recorded:
Commercial	$53	$53	$37	$42	$1
Commercial Real Estate
Commercial Mortgages-Owner Occupied	33	124	27	36	2
Commercial Mortgage Non-Owner Occupied	17	17	12	54	-
Commercial Construction	-	-	-	-	-
Consumer
Consumer Unsecured	-	-	-	1	-
Consumer Secured	197	205	39	151	-
Residential
Residential Mortgages	305	317	51	340	4
Residential Consumer Construction	-	-	-	-	-

Totals:
Commercial	$1,471	$1,986	$37	$1,466	$12
Commercial Real Estate
Commercial Mortgages-Owner Occupied	2,547	2,737	27	2,500	46
Commercial Mortgage Non-Owner Occupied	646	662	12	434	7
Commercial Construction	-	-	-	-	-
Consumer
Consumer Unsecured	-	-	-	1	-
Consumer Secured	283	291	39	238	1
Residential
Residential Mortgages	2,371	2,451	51	2,311	30
Residential Consumer Construction	-	-	-	-	-
	$7,318	$8,127	$166	$6,950	$96

Note 9 – Loans, allowance for loan losses and OREO (continued)


	Impaired Loans
	(dollars in thousands)
	As of and For the Year Ended December 31, 2018
		Unpaid		Average	Interest
	Recorded	Principal	Related	Recorded	Income
2018	Investment	Balance	Allowance	Investment	Recognized
With No Related Allowance Recorded:
Commercial	$1,430	$1,922	$ -	$1,178	$24
Commercial Real Estate
Commercial Mortgages-Owner Occupied	2,414	2,511	-	2,421	167
Commercial Mortgage Non-Owner Occupied	131	132	-	403	8
Commercial Construction	-	-	-	-	-
Consumer
Consumer Unsecured	-	-	-	-	-
Consumer Secured	88	88	-	184	6
Residential
Residential Mortgages	1,876	1,953	-	1,728	89
Residential Consumer Construction	-	-	-	-	-

With An Allowance Recorded:
Commercial	$31	$31	$15	$174	$3
Commercial Real Estate
Commercial Mortgages-Owner Occupied	39	132	36	352	3
Commercial Mortgage Non-Owner Occupied	90	90	20	82	6
Commercial Construction	-	-	-	85	-
Consumer
Consumer Unsecured	1	1	1	2	-
Consumer Secured	105	105	105	266	7
Residential
Residential Mortgages	375	390	61	263	11
Residential Consumer Construction	-	-	-	-	-

Totals:
Commercial	$1,461	$1,953	$15	$1,352	$27
Commercial Real Estate
Commercial Mortgages-Owner Occupied	2,453	2,643	36	2,773	170
Commercial Mortgage Non-Owner Occupied	221	222	20	485	14
Commercial Construction	-	-	-	85	-
Consumer
Consumer Unsecured	1	1	1	2	-
Consumer Secured	193	193	105	450	13
Residential
Residential Mortgages	2,251	2,343	61	1,991	100
Residential Consumer Construction	-	-	-	-	-
	$6,580	$7,355	$238	$7,138	$324

Allowance For Loan Losses And Recorded Investment In Loans


	Allowance for Loan Losses and Recorded Investment in Loans (dollars in thousands) As of and For the Three months Ended March 31, 2019

		Commercial
2019	Commercial	Real Estate	Consumer	Residential	Total

Allowance for Loan Losses:
Beginning Balance	$1,136	$1,831	$956	$658	$4,581
Charge-offs	-	(6)	(106)	(21)	(133)
Recoveries	1	-	12	2	15
Provision	129	32	29	20	210
Ending Balance	$1,266	$1,857	$891	$659	$4,673

Ending Balance: Individually evaluated for impairment	$37	$39	$39	$51	$166

Ending Balance: Collectively evaluated for impairment	1,229	1,818	852	608	4,507


Totals:	$1,266	$1,857	$891	$659	$4,673

Loans:

Ending Balance: Individually evaluated for impairment	$1,471	$3,193	$283	$2,371	$7,318

Ending Balance: Collectively evaluated for impairment	97,856	286,771	85,006	63,681	533,314

Totals:	$99,327	$289,964	$85,289	$66,052	$540,632

Note 9 – Loans, allowance for loan losses and OREO (continued)


	Allowance for Loan Losses and Recorded Investment in Loans (dollars in thousands) As of and For the Year Ended December 31, 2018

		Commercial
2018	Commercial	Real Estate	Consumer	Residential	Total

Allowance for Loan Losses:
Beginning Balance	$1,264	$1,738	$1,172	$578	$4,752
Charge-offs	(395)	(230)	(405)	(34)	(1,064)
Recoveries	113	4	60	-	177
Provision	154	319	129	114	716
Ending Balance	$1,136	$1,831	$956	$658	$4,581

Ending Balance: Individually evaluated for impairment	$15	$56	$106	$61	$238

Ending Balance: Collectively evaluated for impairment	1,121	1,775	850	597	4,343


Totals:	$1,136	$1,831	$956	$658	$4,581

Loans:

Ending Balance: Individually evaluated for impairment	$1,461	$2,674	$194	$2,251	$6,580

Ending Balance: Collectively evaluated for impairment	91,416	286,497	85,997	64,107	528,017

Totals:	$92,877	$289,171	$86,191	$66,358	$534,597

Age Analysis Of Past Due Financing Receivables


	Age Analysis of Past Due Loans as of
	March 31, 2019
	(dollars in thousands)
			Greater				Recorded Investment
	30-59 Days	60-89 Days	than	Total Past		Total	> 90 Days &
2019	Past Due	Past Due	90 Days	Due	Current	Loans	Accruing
Commercial	$25	$29	$244	$298	$99,029	$99,327	$ -
Commercial Real Estate:
Commercial Mortgages- Owner Occupied	456	-	299	755	98,701	99,456	-
Commercial Mortgages-Non-Owner Occupied	17	-	501	518	173,797	174,315	-
Commercial Construction	-	-	-	-	16,193	16,193	-
Consumer:
Consumer Unsecured	187	-	-	187	8,354	8,541	-
Consumer Secured	531	17	197	745	76,003	76,748	-
Residential:
Residential Mortgages	732	162	420	1,314	55,771	57,085	-
Residential Consumer Construction	-	-	-	-	8,967	8,967	-
Total	$1,948	$208	$1,661	$3,817	$536,815	$540,632	$ -


	Age Analysis of Past Due Loans as of
	December 31, 2018
	(dollars in thousands)
			Greater				Recorded Investment
	30-59 Days	60-89 Days	than	Total Past		Total	> 90 Days &
2018	Past Due	Past Due	90 Days	Due	Current	Loans	Accruing
Commercial	$54	$56	$220	$330	$92,547	$92,877	$ -
Commercial Real Estate:
Commercial Mortgages-Owner Occupied	209	-	307	516	97,910	98,426	-
Commercial Mortgages-Non-Owner Occupied	149	468	-	617	174,657	175,274	-
Commercial Construction	-	-	-	-	15,471	15,471	-
Consumer:
Consumer Unsecured	8	1	-	9	8,745	8,754	-
Consumer Secured	369	44	-	413	77,024	77,437	-
Residential:
Residential Mortgages	882	164	567	1,613	56,559	58,172	-
Residential Consumer Construction	-	-	-	-	8,186	8,186	-
Total	$1,671	$733	$1,094	$3,498	$531,099	$534,597	$ -

Credit Quality Information-By Class




	Credit Quality Information - by Class
	March 31, 2019
	(dollars in thousands)
2019	Pass	Monitor	Special	Substandard	Doubtful	Totals
			Mention
Commercial	$92,958	$312	$4,506	$1,551	$ -	$99,327
Commercial Real Estate:
Commercial Mortgages-Owner Occupied	87,093	5,763	4,053	2,547	-	99,456
Commercial Mortgages-Non-Owner Occupied	170,980	2,175	422	738	-	174,315
Commercial Construction	15,613	580	-	-	-	16,193
Consumer
Consumer Unsecured	8,493	39	9	-	-	8,541
Consumer Secured	76,222	118	88	320	-	76,748
Residential:
Residential Mortgages	53,529	896	-	2,660	-	57,085
Residential Consumer Construction	8,967	-	-	-	-	8,967

Totals	$513,855	$9,883	$9,078	$7,816	$ -	$540,632



	Credit Quality Information - by Class
	December 31, 2018
	(dollars in thousands)
2018	Pass	Monitor	Special	Substandard	Doubtful	Totals
			Mention
Commercial	$90,142	$818	$374	$1,543	$ -	$92,877
Commercial Real Estate:
Commercial Mortgages-Owner Occupied	90,995	1,461	3,517	2,453	-	98,426
Commercial Mortgages-Non -Owner Occupied	172,342	2,285	332	315	-	175,274
Commercial Construction	14,892	579	-	-	-	15,471
Consumer
Consumer Unsecured	8,747	-	6	1	-	8,754
Consumer Secured	77,092	-	88	257	-	77,437
Residential:
Residential Mortgages	55,336	334	-	2,502	-	58,172
Residential Consumer Construction	8,186	-	-	-	-	8,186

Totals	$517,732	$5,477	$4,317	$7,071	$-	$534,597