XML 49 R31.htm IDEA: XBRL DOCUMENT v3.23.3
Loans Receivable (Tables)
 12 Months Ended
Sep. 30, 2023
Receivables [Abstract]  
Summary of Loans Receivable

Loans receivable consist of the following (in thousands):

 

 

2023

 

 

2022

 

Real estate loans:

 

 

 

 

 

 

Residential

 

$

713,326

 

 

$

623,375

 

Construction

 

 

16,768

 

 

 

25,024

 

Commercial

 

 

821,958

 

 

 

678,841

 

Commercial

 

 

48,143

 

 

 

38,158

 

Obligations of states and political subdivisions

 

 

48,118

 

 

 

40,416

 

Home equity loans and lines of credit

 

 

48,212

 

 

 

43,170

 

Auto loans

 

 

523

 

 

 

3,611

 

Other

 

 

2,002

 

 

 

1,716

 

 

 

 

1,699,050

 

 

 

1,454,311

 

Less allowance for loan losses

 

 

18,525

 

 

 

18,528

 

Net loans

 

$

1,680,525

 

 

$

1,435,783

 
Schedule of Loans Evaluated for Impairment

The following tables show the amount of loans in each category that was individually and collectively evaluated for impairment at the dates indicated (in thousands):

 

 

Total
Loans

 

 

Individually
Evaluated
for Impairment

 

 

Collectively
Evaluated
for
Impairment

 

September 30, 2023

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

Residential

 

$

713,326

 

 

$

1,393

 

 

$

711,933

 

Construction

 

 

16,768

 

 

 

-

 

 

 

16,768

 

Commercial

 

 

821,958

 

 

 

7,664

 

 

 

814,294

 

Commercial

 

 

48,143

 

 

 

648

 

 

 

47,495

 

Obligations of states and political subdivisions

 

 

48,118

 

 

 

-

 

 

 

48,118

 

Home equity loans and lines of credit

 

 

48,212

 

 

 

27

 

 

 

48,185

 

Auto Loans

 

 

523

 

 

 

-

 

 

 

523

 

Other

 

 

2,002

 

 

 

3

 

 

 

1,999

 

Total

 

$

1,699,050

 

 

$

9,735

 

 

$

1,689,315

 

 

 

Total
Loans

 

 

Individually
Evaluated
for Impairment

 

 

Collectively
Evaluated
for
Impairment

 

September 30, 2022

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

Residential

 

$

623,375

 

 

$

1,342

 

 

$

622,033

 

Construction

 

 

25,024

 

 

 

-

 

 

 

25,024

 

Commercial

 

 

678,841

 

 

 

12,165

 

 

 

666,676

 

Commercial

 

 

38,158

 

 

 

937

 

 

 

37,221

 

Obligations of states and political subdivisions

 

 

40,416

 

 

 

-

 

 

 

40,416

 

Home equity loans and lines of credit

 

 

43,170

 

 

 

36

 

 

 

43,134

 

Auto Loans

 

 

3,611

 

 

 

16

 

 

 

3,595

 

Other

 

 

1,716

 

 

 

6

 

 

 

1,710

 

Total

 

$

1,454,311

 

 

$

14,502

 

 

$

1,439,809

 
Schedule of Investment and Unpaid Principal Balances for Impaired Loans

The following tables include the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable, excluding purchased impaired credit loans. Also presented are the average recorded investments in the impaired loans and the related amount of interest recognized during the time within the period that the impaired loans were impaired (in thousands).

 

 

Recorded
Investment

 

 

Unpaid
Principal
Balance

 

 

Associated
Allowance

 

 

Average
Recorded
Investment

 

 

Interest
Income
Recognized

 

September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With no specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

1,294

 

 

$

2,091

 

 

$

-

 

 

$

1,140

 

 

$

3

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

6,240

 

 

 

7,094

 

 

 

-

 

 

 

8,182

 

 

 

1

 

Commercial

 

 

648

 

 

 

960

 

 

 

-

 

 

 

549

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

27

 

 

 

62

 

 

 

-

 

 

 

32

 

 

 

-

 

Auto loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

-

 

Other

 

 

3

 

 

 

17

 

 

 

-

 

 

 

5

 

 

 

-

 

Subtotal

 

 

8,212

 

 

 

10,224

 

 

 

-

 

 

 

9,911

 

 

 

4

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

99

 

 

 

103

 

 

 

7

 

 

 

101

 

 

 

-

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

1,424

 

 

 

1,562

 

 

 

35

 

 

 

1,490

 

 

 

-

 

Commercial

 

 

-

 

 

 

-

 

 

 

-

 

 

 

267

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Auto loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Other

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Subtotal

 

 

1,523

 

 

 

1,665

 

 

 

42

 

 

 

1,858

 

 

 

-

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

1,393

 

 

 

2,194

 

 

 

7

 

 

 

1,241

 

 

 

3

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

7,664

 

 

 

8,656

 

 

 

35

 

 

 

9,672

 

 

 

1

 

Commercial

 

 

648

 

 

 

960

 

 

 

-

 

 

 

816

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

27

 

 

 

62

 

 

 

-

 

 

 

32

 

 

 

-

 

Auto loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

-

 

Other

 

 

3

 

 

 

17

 

 

 

-

 

 

 

5

 

 

 

-

 

Total

 

$

9,735

 

 

$

11,889

 

 

$

42

 

 

$

11,769

 

 

$

4

 

 

 

 

Recorded
Investment

 

 

Unpaid
Principal
Balance

 

 

Associated
Allowance

 

 

Average
Recorded
Investment

 

 

Interest
Income
Recognized

 

September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With no specific allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

1,239

 

 

$

2,029

 

 

$

-

 

 

$

1,776

 

 

$

8

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

8,384

 

 

 

8,987

 

 

 

-

 

 

 

5,898

 

 

 

-

 

Commercial

 

 

865

 

 

 

905

 

 

 

-

 

 

 

139

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

36

 

 

 

68

 

 

 

-

 

 

 

271

 

 

 

-

 

Auto loans

 

 

16

 

 

 

28

 

 

 

-

 

 

 

18

 

 

 

-

 

Other

 

 

6

 

 

 

19

 

 

 

-

 

 

 

7

 

 

 

-

 

Subtotal

 

 

10,546

 

 

 

12,036

 

 

 

-

 

 

 

8,109

 

 

 

8

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

103

 

 

 

108

 

 

 

12

 

 

 

113

 

 

 

-

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

3,781

 

 

 

3,928

 

 

 

301

 

 

 

957

 

 

 

-

 

Commercial

 

 

72

 

 

 

83

 

 

 

38

 

 

 

529

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Auto loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

-

 

Other

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Subtotal

 

 

3,956

 

 

 

4,119

 

 

 

351

 

 

 

1,602

 

 

 

-

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

1,342

 

 

 

2,137

 

 

 

12

 

 

 

1,889

 

 

 

8

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

12,165

 

 

 

12,915

 

 

 

301

 

 

 

6,855

 

 

 

-

 

Commercial

 

 

937

 

 

 

988

 

 

 

38

 

 

 

668

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

36

 

 

 

68

 

 

 

-

 

 

 

271

 

 

 

-

 

Auto loans

 

 

16

 

 

 

28

 

 

 

-

 

 

 

21

 

 

 

-

 

Other

 

 

6

 

 

 

19

 

 

 

-

 

 

 

7

 

 

 

-

 

Total

 

$

14,502

 

 

$

16,155

 

 

$

351

 

 

$

9,711

 

 

$

8

 
Classes of the Loan Portfolio, Internal Risk Rating System

The following tables present the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard, and Doubtful within the internal risk rating system as of September 30, 2022 and 2022 (in thousands):

 

 

Pass

 

 

Special
Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial real estate loans

 

$

807,736

 

 

$

3,200

 

 

$

11,022

 

 

$

-

 

 

$

821,958

 

Commercial

 

 

46,452

 

 

 

-

 

 

 

1,691

 

 

 

-

 

 

 

48,143

 

Obligations of states and political subdivisions

 

 

48,118

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

48,118

 

Total

 

$

902,306

 

 

$

3,200

 

 

$

12,713

 

 

$

-

 

 

$

918,219

 

 

 

Pass

 

 

Special
Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial real estate loans

 

$

659,104

 

 

$

6,060

 

 

$

13,677

 

 

$

-

 

 

$

678,841

 

Commercial

 

 

35,322

 

 

 

1,690

 

 

 

1,146

 

 

 

-

 

 

 

38,158

 

Obligations of states and political subdivisions

 

 

40,416

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

40,416

 

Total

 

$

734,842

 

 

$

7,750

 

 

$

14,823

 

 

$

-

 

 

$

757,415

 
Schedule of Performing or Nonperforming Loans The following tables present the recorded investment in the loan classes based on payment activity as of September 30, 2023 and 2022 (in thousands):

 

 

Performing

 

 

Nonperforming

 

 

Total

 

September 30, 2023

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

Residential

 

$

710,757

 

 

$

2,569

 

 

$

713,326

 

Construction

 

 

16,768

 

 

 

-

 

 

 

16,768

 

Home equity loans and lines of credit

 

 

48,165

 

 

 

47

 

 

 

48,212

 

Auto loans

 

 

523

 

 

 

-

 

 

 

523

 

Other

 

 

1,972

 

 

 

30

 

 

 

2,002

 

Total

 

$

778,185

 

 

$

2,646

 

 

$

780,831

 

 

 

Performing

 

 

Nonperforming

 

 

Total

 

September 30, 2022

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

Residential

 

$

621,781

 

 

$

1,594

 

 

$

623,375

 

Construction

 

 

25,024

 

 

 

-

 

 

 

25,024

 

Home equity loans and lines of credit

 

 

42,832

 

 

 

338

 

 

 

43,170

 

Auto loans

 

 

3,590

 

 

 

21

 

 

 

3,611

 

Other

 

 

1,710

 

 

 

6

 

 

 

1,716

 

Total

 

$

694,937

 

 

$

1,959

 

 

$

696,896

 
Classes of the Loan Portfolio Summarized by the Aging Categories The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans, purchased credit impaired loans and nonaccrual loans as of September 30, 2023 and 2022 (in thousands):

 

 

 

 

 

31-60
Days

 

 

61-90
Days

 

 

Greater than
90 Days

 

 

Total

 

 

Total

 

 

 

Current

 

 

Past Due

 

 

Past Due

 

 

Past Due

 

 

Past Due

 

 

Loans

 

September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

710,290

 

 

$

792

 

 

$

199

 

 

$

2,045

 

 

$

3,036

 

 

$

713,326

 

Construction

 

 

16,768

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

16,768

 

Commercial

 

 

820,853

 

 

 

240

 

 

 

-

 

 

 

865

 

 

 

1,105

 

 

 

821,958

 

Commercial

 

 

47,893

 

 

 

-

 

 

 

-

 

 

 

250

 

 

 

250

 

 

 

48,143

 

Obligations of states and
   political subdivisions

 

 

48,118

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

48,118

 

Home equity loans and lines of
   credit

 

 

48,191

 

 

 

-

 

 

 

-

 

 

 

21

 

 

 

21

 

 

 

48,212

 

Auto loans

 

 

485

 

 

 

37

 

 

 

1

 

 

 

-

 

 

 

38

 

 

 

523

 

Other

 

 

1,959

 

 

 

10

 

 

 

33

 

 

 

-

 

 

 

43

 

 

 

2,002

 

Total

 

$

1,694,557

 

 

$

1,079

 

 

$

233

 

 

$

3,181

 

 

$

4,493

 

 

$

1,699,050

 

September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

621,270

 

 

$

598

 

 

$

367

 

 

$

1,140

 

 

$

2,105

 

 

$

623,375

 

Construction

 

 

25,024

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

25,024

 

Commercial

 

 

672,875

 

 

 

5,719

 

 

 

-

 

 

 

247

 

 

 

5,966

 

 

 

678,841

 

Commercial

 

 

37,160

 

 

 

539

 

 

 

440

 

 

 

19

 

 

 

998

 

 

 

38,158

 

Obligations of states and
   political subdivisions

 

 

40,416

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

40,416

 

Home equity loans and lines of
   credit

 

 

42,842

 

 

 

121

 

 

 

144

 

 

 

63

 

 

 

328

 

 

 

43,170

 

Auto loans

 

 

3,462

 

 

 

134

 

 

 

2

 

 

 

13

 

 

 

149

 

 

 

3,611

 

Other

 

 

1,685

 

 

 

-

 

 

 

31

 

 

 

-

 

 

 

31

 

 

 

1,716

 

Total

 

$

1,444,734

 

 

$

7,111

 

 

$

984

 

 

$

1,482

 

 

$

9,577

 

 

$

1,454,311

 

Non-Accrual Loans

 

September 30, 2023

 

 

September 30, 2022

 

Real estate loans:

 

 

 

 

 

 

Residential

 

$

2,569

 

 

$

1,594

 

Construction

 

 

-

 

 

 

-

 

Commercial

 

 

7,763

 

 

 

12,165

 

Commercial

 

 

652

 

 

 

958

 

Obligations of states and
   political subdivisions

 

 

-

 

 

 

-

 

Home equity loans and lines of
   credit

 

 

47

 

 

 

338

 

Auto loans

 

 

-

 

 

 

21

 

Other

 

 

30

 

 

 

6

 

Total

 

$

11,061

 

 

$

15,082

 
Summary of Primary Segments of ALL

The following table summarizes the primary segments of the ALL, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of September 30, 2023 and 2022 (in thousands):

 

 

Real
Estate
Loans

 

 

 

 

 

Obligations of
States and
Political

 

 

Home Equity
Loans and
Lines of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

Construction

 

 

Commercial

 

 

Commercial

 

 

Subdivisions

 

 

Credit

 

 

Auto

 

 

Other

 

 

Unallocated

 

 

Total

 

ALL balance at September
   30, 2021

 

$

4,114

 

 

$

187

 

 

$

10,470

 

 

$

1,041

 

 

$

393

 

 

$

318

 

 

$

232

 

 

$

21

 

 

$

1,337

 

 

$

18,113

 

Charge-offs

 

 

(19

)

 

 

-

 

 

 

(23

)

 

 

-

 

 

 

-

 

 

 

(6

)

 

 

(40

)

 

 

(22

)

 

 

-

 

 

 

(110

)

Recoveries

 

 

382

 

 

 

-

 

 

 

35

 

 

 

-

 

 

 

-

 

 

 

9

 

 

 

99

 

 

 

-

 

 

 

-

 

 

 

525

 

Provision

 

 

645

 

 

 

132

 

 

 

272

 

 

 

(343

)

 

 

(110

)

 

 

40

 

 

 

(269

)

 

 

23

 

 

 

(390

)

 

 

-

 

ALL balance at September
   30, 2022

 

$

5,122

 

 

$

319

 

 

$

10,754

 

 

$

698

 

 

$

283

 

 

$

361

 

 

$

22

 

 

$

22

 

 

$

947

 

 

$

18,528

 

Individually evaluated for
   impairment

 

$

12

 

 

$

-

 

 

$

301

 

 

$

38

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

351

 

Collectively evaluated for
   impairment

 

 

5,110

 

 

 

319

 

 

 

10,453

 

 

 

660

 

 

 

283

 

 

 

361

 

 

 

22

 

 

 

22

 

 

 

947

 

 

 

18,177

 

ALL balance at September
   30, 2022

 

$

5,122

 

 

$

319

 

 

$

10,754

 

 

$

698

 

 

$

283

 

 

$

361

 

 

$

22

 

 

$

22

 

 

$

947

 

 

$

18,528

 

ALL balance at September
   30, 2022

 

$

5,122

 

 

$

319

 

 

$

10,754

 

 

$

698

 

 

$

283

 

 

$

361

 

 

$

22

 

 

$

22

 

 

$

947

 

 

$

18,528

 

Charge-offs

 

 

-

 

 

 

-

 

 

 

(615

)

 

 

(269

)

 

 

-

 

 

 

-

 

 

 

(28

)

 

 

-

 

 

 

-

 

 

 

(912

)

Recoveries

 

 

45

 

 

 

-

 

 

 

20

 

 

 

-

 

 

 

-

 

 

 

66

 

 

 

78

 

 

 

-

 

 

 

-

 

 

 

209

 

Provision

 

 

(270

)

 

 

(136

)

 

 

1,824

 

 

 

512

 

 

 

(173

)

 

 

(81

)

 

 

(70

)

 

 

-

 

 

 

(906

)

 

 

700

 

ALL balance at September
   30, 2023

 

$

4,897

 

 

$

183

 

 

$

11,983

 

 

$

941

 

 

$

110

 

 

$

346

 

 

$

2

 

 

$

22

 

 

$

41

 

 

$

18,525

 

Individually evaluated for
   impairment

 

$

7

 

 

$

-

 

 

$

35

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

42

 

Collectively evaluated for
   impairment

 

 

4,890

 

 

 

183

 

 

 

11,948

 

 

 

941

 

 

 

110

 

 

 

346

 

 

 

2

 

 

 

22

 

 

 

41

 

 

 

18,483

 

ALL balance at September
   30, 2023

 

$

4,897

 

 

$

183

 

 

$

11,983

 

 

$

941

 

 

$

110

 

 

$

346

 

 

$

2

 

 

$

22

 

 

$

41

 

 

$

18,525

 
Summary of Troubled Debt Restructurings Granted

The following is a summary of troubled debt restructurings granted during the periods indicated (dollars in thousands).

 

 

For the Year Ended September 30, 2023

 

 

 

Number of
Contracts

 

 

Pre-Modification
Outstanding
Recorded
Investment

 

 

Post-Modification
Outstanding
Recorded
Investment

 

Troubled debt restructurings

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

Residential

 

 

3

 

 

$

295

 

 

$

355

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

3

 

 

 

6,058

 

 

 

6,058

 

Commercial

 

 

-

 

 

 

-

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

-

 

 

 

-

 

 

 

-

 

Auto loans

 

 

-

 

 

 

-

 

 

 

-

 

Other

 

 

-

 

 

 

-

 

 

 

-

 

Total

 

 

6

 

 

$

6,353

 

 

$

6,413

 

 

 

For the Year Ended September 30, 2022

 

 

 

Number of
Contracts

 

 

Pre-Modification
Outstanding
Recorded
Investment

 

 

Post-Modification
Outstanding
Recorded
Investment

 

Troubled debt restructurings

 

 

 

 

 

 

 

 

 

Real estate loans:

 

 

 

 

 

 

 

 

 

Residential

 

 

2

 

 

$

83

 

 

$

93

 

Construction

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

-

 

 

 

-

 

 

 

-

 

Commercial

 

 

-

 

 

 

-

 

 

 

-

 

Obligations of states and political subdivisions

 

 

-

 

 

 

-

 

 

 

-

 

Home equity loans and lines of credit

 

 

-

 

 

 

-

 

 

 

-

 

Auto loans

 

 

-

 

 

 

-

 

 

 

-

 

Other

 

 

-

 

 

 

-

 

 

 

-

 

Total

 

 

2

 

 

$

83

 

 

$

93