Loans (Tables)

12 Months Ended

Dec. 31, 2017

Accounts Notes Loans And Financing Receivable Gross Allowance And Net [Abstract]

Schedule of Major Classifications of Loans

Major classifications of loans at December 31, 2017 and 2016 are summarized as follows (in thousands):

	December 31, 2017						December 31, 2016
	Amount			% of Total			Amount			% of Total
Residential real estate:
Closed-end 1-4 family - first lien	$	115,776			21.4	%	$	113,807			22.2	%
Closed-end 1-4 family - junior lien		4,969			0.9	%		4,791			0.9	%
Multi-family		16,977			3.1	%		17,043			3.3	%
Total residential real estate		137,722			25.4	%		135,641			26.5	%
Commercial real estate:
Nonfarm nonresidential		173,443			32.0	%		161,198			31.5	%
Farmland		7,782			1.4	%		13,344			2.6	%
Total commercial real estate		181,225			33.4	%		174,542			34.1	%
Construction and land development:
Residential		25,830			4.8	%		27,228			5.3	%
Other		40,734			7.5	%		37,221			7.3	%
Total construction and land development		66,564			12.3	%		64,449			12.6	%
Home equity lines of credit		35,833			6.6	%		35,761			7.0	%
Commercial loans:
Other commercial loans		95,896			17.7	%		81,198			15.8	%
Agricultural		1,581			0.3	%		887			0.2	%
State, county, and municipal loans		8,332			1.5	%		8,719			1.7	%
Total commercial loans		105,809			19.5	%		90,804			17.7	%
Consumer loans		23,231			4.3	%		20,858			4.1	%
Total gross loans		550,384			101.5	%		522,055			101.9	%
Allowance for loan losses		(4,881	)		-0.9	%		(4,007	)		-0.8	%
Net deferred loan fees and discounts		(3,263	)		-0.6	%		(5,614	)		-1.1	%
Net loans	$	542,240			100.0	%	$	512,434			100.0	%

Summary of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method

The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2017 and 2016 (amounts in thousands).

	Real Estate Mortgage Loans
Allowance for Loan Losses	Residential			Commercial			Construction and Land Development			Home Equity Lines Of Credit			Commercial			Consumer			Total
Balance - December 31, 2016	$	602		$	1,456		$	731		$	190		$	829		$	199		$	4,007
Provision for loan losses		573			440			(112	)		239			487			113			1,740
Loan charge-offs		(32	)		(308	)		(24	)		(100	)		(466	)		(109	)		(1,039	)
Loan recoveries		24			16			11			4			104			14			173
Balance - December 31, 2017	$	1,167		$	1,604		$	606		$	333		$	954		$	217			4,881
Ending balance:
Individually evaluated for impairment	$	526		$	187		$	11		$	-		$	174		$	10		$	908
Collectively evaluated for impairment	$	641		$	1,417		$	595		$	333		$	780		$	207		$	3,973
Loans:
Individually evaluated for impairment	$	2,611		$	2,295		$	168		$	100		$	301		$	87		$	5,562
Collectively evaluated for impairment	$	135,111		$	178,930		$	66,396		$	35,733		$	105,508		$	23,144		$	544,822
Percent of loans in each category to total loans		25.1	%		32.9	%		12.1	%		6.5	%		19.2	%		4.2	%		100.0	%

	Real Estate Mortgage Loans
Allowance for Loan Losses	Residential			Commercial			Construction and Land Development			Home Equity Lines Of Credit			Commercial			Consumer			Total
Balance - December 31, 2015	$	368		$	1,302		$	569		$	150		$	1,250		$	188		$	3,827
Provision for loan losses		243			169			136			164			26			140			878
Loan charge-offs		(14	)		(15	)		-			(141	)		(487	)		(187	)		(844	)
Loan recoveries		5			-			26			17			40			58			146
Balance - December 31, 2016	$	602		$	1,456		$	731		$	190		$	829		$	199		$	4,007
Ending balance:
Individually evaluated for impairment	$	53		$	747		$	-		$	-		$	456		$	19		$	1,275
Collectively evaluated for impairment	$	549		$	709		$	731		$	190		$	373		$	180		$	2,732
Loans:
Individually evaluated for impairment	$	1,201		$	5,375		$	31		$	200		$	685		$	39		$	7,531
Collectively evaluated for impairment	$	134,440		$	169,167		$	64,418		$	35,561		$	90,119		$	20,819		$	514,524
Acquired loans with deteriorated credit quality	$	-		$	-		$	-		$	-		$	-		$	-		$	-
Percent of loans in each category to total loans		26.0	%		33.4	%		12.3	%		6.9	%		17.4	%		4.0	%		100.0	%

Summary of Impaired Loans by Class of Loans

The following tables present impaired loans by class of loans as of December 31, 2017 and 2016 (amounts in thousands).


December 31, 2017	Unpaid Principal Balance		Recorded Investment		Impaired Loans With No Allowance		Impaired Loans With Allowance		Allowance for Loan Losses
Nonaccruing Impaired Loans
Mortgage loans on real estate:
Residential	$	1,767	$	1,767	$	350	$	1,417	$	526
Commercial real estate		500		328		328		-		-
Construction and land development		-		-		-		-		-
Total mortgage loans on real estate		2,267		2,095		678		1,417		526
Home equity lines of credit		-		-		-		-		-
Commercial loans		-		-		-		-		-
Consumer loans		204		54		54		-		-
Total Loans	$	2,471	$	2,149	$	732	$	1,417	$	526


	Unpaid Principal Balance		Recorded Investment		Impaired Loans With No Allowance		Impaired Loans With Allowance		Allowance for Loan Losses
Accruing Impaired Loans
Mortgage loans on real estate:
Residential	$	844	$	844	$	844	$	-	$	-
Commercial real estate		1,968		1,967		540		1,427		187
Construction and land development		232		168		-		168		11
Total mortgage loans on real estate		3,044		2,979		1,384		1,595		198
Home equity lines of credit		100		100		100		-		-
Commercial loans		300		301		127		174		174
Consumer loans		33		33		-		33		10
Total Loans	$	3,477	$	3,413	$	1,611	$	1,802	$	382


	Unpaid Principal Balance		Recorded Investment		Impaired Loans With No Allowance		Impaired Loans With Allowance		Allowance for Loan Losses
Total Impaired Loans
Mortgage loans on real estate:
Residential	$	2,611	$	2,611	$	1,194	$	1,417	$	526
Commercial real estate		2,468		2,295		868		1,427		187
Construction and land development		232		168		-		168		11
Total mortgage loans on real estate		5,311		5,074		2,062		3,012		724
Home equity lines of credit		100		100		100		-		-
Commercial loans		300		301		127		174		174
Consumer loans		237		87		54		33		10
Total Loans	$	5,948	$	5,562	$	2,343	$	3,219	$	908


December 31, 2016	Unpaid Principal Balance		Recorded Investment		Impaired Loans With No Allowance		Impaired Loans With Allowance		Allowance for Loan Losses
Nonaccruing Impaired Loans
Mortgage loans on real estate:
Residential	$	223	$	223	$	96	$	127	$	53
Commercial real estate		3,620		3,470		1,010		2,460		430
Construction and land development		-		-		-		-		-
Total mortgage loans on real estate		3,843		3,693		1,106		2,587		483
Home equity lines of credit		100		100		100		-		-
Commercial loans		93		93		93		-		-
Consumer loans		-		-		-		-		-
Total Loans	$	4,036	$	3,886	$	1,299	$	2,587	$	483


	Unpaid Principal Balance		Recorded Investment		Impaired Loans With No Allowance		Impaired Loans With Allowance		Allowance for Loan Losses
Accruing Impaired Loans
Mortgage loans on real estate:
Residential	$	978	$	978	$	978	$	-	$	-
Commercial real estate		1,905		1,905		589		1,316		317
Construction and land development		31		31		31		-		-
Total mortgage loans on real estate		2,914		2,914		1,598		1,316		317
Home equity lines of credit		100		100		100		-		-
Commercial loans		592		592		136		456		456
Consumer loans		39		39		-		39		19
Total Loans	$	3,645	$	3,645	$	1,834	$	1,811	$	792


	Unpaid Principal Balance		Recorded Investment		Impaired Loans With No Allowance		Impaired Loans With Allowance		Allowance for Loan Losses
Total Impaired Loans
Mortgage loans on real estate:
Residential	$	1,201	$	1,201	$	1,074	$	127	$	53
Commercial real estate		5,525		5,375		1,599		3,776		747
Construction and land development		31		31		31		-		-
Total mortgage loans on real estate		6,757		6,607		2,704		3,903		800
Home equity lines of credit		200		200		200		-		-
Commercial loans		685		685		229		456		456
Consumer loans		39		39		-		39		19
Total Loans	$	7,681	$	7,531	$	3,133	$	4,398	$	1,275

Summary of Average Recorded Investment and Interest Income Recognized on Impaired Loans

The following table presents the average recorded investment in impaired loans and the interest income recognized on impaired loans in the years ended December 31, 2017 and 2016 by loan category (in thousands).

	Year Ended December 31, 2017				Year Ended December 31, 2016
	Average Recorded Investment		Interest Income		Average Recorded Investment		Interest Income
Mortgage loans on real estate:
Residential real estate	$	2,209	$	50	$	1,231	$	70
Commercial real estate		3,027		80		5,527		165
Construction and land development		181		10		63		5
Total mortgage loans on real estate		5,417		140		6,821		240
Home equity lines of credit		100		6		299		13
Commercial loans		498		15		706		13
Consumer loans		116		1		46		2
Total Loans	$	6,131	$	162	$	7,872	$	268

Schedule of Aging of Loans and Non-Accrual Loan

The following tables present the aging of the recorded investment in past due loans and non-accrual loan balances as of December 31, 2017 and 2016 by class of loans (amounts in thousands).

	Accruing Loans
			30-89 Days		90+ Days		Nonaccrual
As of December 31, 2017	Current		Past Due		Past Due		Loans		Total Loans
Mortgage loans on real estate:
Residential	$	134,565	$	857	$	410	$	1,890	$	137,722
Commercial real estate		180,826		-		-		399		181,225
Construction and land development		66,275		221		-		68		66,564
Total mortgage loans on real estate		381,666		1,078		410		2,357		385,511
Home equity lines of credit		35,591		152		10		80		35,833
Commercial loans		105,081		728		-		-		105,809
Consumer loans		22,906		175		1		149		23,231
Total Loans	$	545,244	$	2,133	$	421	$	2,586	$	550,384

	Accruing Loans
			30-89 Days		90+ Days		Nonaccrual
As of December 31, 2016	Current		Past Due		Past Due		Loans		Total Loans
Mortgage loans on real estate:
Residential	$	132,603	$	2,585	$	-	$	453	$	135,641
Commercial real estate		170,363		708		-		3,471		174,542
Construction and land development		64,111		312		-		26		64,449
Total mortgage loans on real estate		367,077		3,605		-		3,950		374,632
Home equity lines of credit		35,257		320		-		184		35,761
Commercial loans		90,579		76		19		130		90,804
Consumer loans		20,431		285		20		122		20,858
Total Loans	$	513,344	$	4,286	$	39	$	4,386	$	522,055

Schedule of Risk Category of Loans by Class of Loans

Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be “Pass” rated loans. As of December 31, 2017 and 2016, and based on the most recent analyses performed, the risk category of loans by class of loans is as follows (amounts in thousands):

			Special
As of December 31, 2017	Pass		Mention		Substandard		Doubtful		Total
Mortgage loans on real estate:
Residential	$	132,914	$	1,390	$	3,418	$	-	$	137,722
Commercial real estate		175,208		4,238		1,779		-		181,225
Construction and land development		65,656		750		158		-		66,564
Total mortgage loans on real estate		373,778		6,378		5,355		-		385,511
Home equity lines of credit		35,580		14		203		36		35,833
Commercial loans		103,137		2,234		438		-		105,809
Consumer loans		22,865		58		308		-		23,231
Total Loans	$	535,360	$	8,684	$	6,304	$	36	$	550,384

			Special
As of December 31, 2016	Pass		Mention		Substandard		Doubtful		Total
Mortgage loans on real estate:
Residential	$	125,983	$	6,272	$	3,386	$	-	$	135,641
Commercial real estate		165,381		3,837		5,324		-		174,542
Construction and land development		63,151		605		451		242		64,449
Total mortgage loans on real estate		354,515		10,714		9,161		242		374,632
Home equity lines of credit		35,344		109		308		-		35,761
Commercial loans		87,684		2,357		649		114		90,804
Consumer loans		20,433		211		214		-		20,858
Total Loans	$	497,976	$	13,391	$	10,332	$	356	$	522,055