XML 50 R33.htm IDEA: XBRL DOCUMENT v3.20.4
Loans (Tables)
 12 Months Ended
Dec. 31, 2020
Accounts Notes Loans And Financing Receivable Gross Allowance And Net [Abstract]  
Schedule of Major Classifications of Loans

Major classifications of loans at December 31, 2020 and 2019 are summarized as follows (in thousands):

 

 

 

December 31, 2020

 

 

December 31, 2019

 

 

 

Amount

 

 

% of Total

 

 

Amount

 

 

% of Total

 

Residential real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Closed-end 1-4 family - first lien

 

$

252,528

 

 

 

21.6

%

 

$

211,440

 

 

 

23.6

%

Closed-end 1-4 family - junior lien

 

 

8,343

 

 

 

0.7

%

 

 

7,653

 

 

 

0.9

%

Multi-family

 

 

10,817

 

 

 

0.9

%

 

 

18,125

 

 

 

2.0

%

Total residential real estate

 

 

271,688

 

 

 

23.2

%

 

 

237,218

 

 

 

26.5

%

Commercial real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonfarm nonresidential

 

 

317,279

 

 

 

27.1

%

 

 

288,930

 

 

 

32.2

%

Farmland

 

 

34,586

 

 

 

3.0

%

 

 

21,089

 

 

 

2.4

%

Total commercial real estate

 

 

351,865

 

 

 

30.1

%

 

 

310,019

 

 

 

34.6

%

Construction and land development:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

71,784

 

 

 

6.1

%

 

 

53,386

 

 

 

6.0

%

Other

 

 

78,818

 

 

 

6.7

%

 

 

60,140

 

 

 

6.7

%

Total construction and land development

 

 

150,602

 

 

 

12.8

%

 

 

113,526

 

 

 

12.7

%

Home equity lines of credit

 

 

43,424

 

 

 

3.7

%

 

 

47,410

 

 

 

5.3

%

Commercial loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other commercial loans

 

 

279,385

 

 

 

23.9

%

 

 

136,301

 

 

 

15.2

%

Agricultural

 

 

29,854

 

 

 

2.6

%

 

 

2,826

 

 

 

0.3

%

State, county, and municipal loans

 

 

25,922

 

 

 

2.2

%

 

 

22,159

 

 

 

2.4

%

Total commercial loans

 

 

335,161

 

 

 

28.7

%

 

 

161,286

 

 

 

17.9

%

Consumer loans

 

 

40,646

 

 

 

3.5

%

 

 

40,397

 

 

 

4.5

%

Total gross loans

 

 

1,193,386

 

 

 

102.0

%

 

 

909,856

 

 

 

101.5

%

Allowance for loan losses

 

 

(16,803

)

 

 

-1.4

%

 

 

(8,679

)

 

 

-1.0

%

Net discounts

 

 

(1,010

)

 

 

-0.1

%

 

 

(2,647

)

 

 

-0.3

%

Net deferred loan fees

 

 

(5,794

)

 

 

-0.5

%

 

 

(1,425

)

 

 

-0.2

%

Net loans

 

$

1,169,779

 

 

 

100.0

%

 

$

897,105

 

 

 

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 activity in the allowance for loan losses by portfolio segment.  It also includes 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, 2020 and 2019 (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, 2019

 

$

1,412

 

 

$

3,601

 

 

$

987

 

 

$

344

 

 

$

1,910

 

 

$

425

 

 

$

8,679

 

Provision (credit) for loan losses

 

 

309

 

 

 

3,368

 

 

 

712

 

 

 

(95

)

 

 

4,266

 

 

 

55

 

 

 

8,615

 

Loan charge-offs

 

 

(52

)

 

 

(186

)

 

 

(59

)

 

 

-

 

 

 

(406

)

 

 

(114

)

 

 

(817

)

Loan recoveries

 

 

7

 

 

 

24

 

 

 

109

 

 

 

19

 

 

 

127

 

 

 

40

 

 

 

326

 

Balance - December 31, 2020

 

$

1,676

 

 

$

6,807

 

 

$

1,749

 

 

$

268

 

 

$

5,897

 

 

$

406

 

 

 

16,803

 

Ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

 

$

70

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

191

 

 

$

82

 

 

$

343

 

Collectively evaluated for impairment

 

$

1,606

 

 

$

6,807

 

 

$

1,749

 

 

$

268

 

 

$

5,706

 

 

$

324

 

 

$

16,460

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

 

$

799

 

 

$

3,084

 

 

$

432

 

 

$

408

 

 

$

294

 

 

$

82

 

 

$

5,099

 

Collectively evaluated for impairment

 

$

270,506

 

 

$

347,660

 

 

$

150,137

 

 

$

43,016

 

 

$

334,743

 

 

$

40,514

 

 

$

1,186,576

 

Acquired loans with deteriorated credit quality

 

$

383

 

 

$

1,121

 

 

$

33

 

 

$

-

 

 

$

124

 

 

$

50

 

 

$

1,711

 

Percent of loans in each category to total loans

 

 

22.8

%

 

 

29.5

%

 

 

12.6

%

 

 

3.6

%

 

 

28.1

%

 

 

3.4

%

 

 

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, 2018

 

$

1,579

 

 

$

1,961

 

 

$

942

 

 

$

394

 

 

$

1,375

 

 

$

326

 

 

$

6,577

 

Provision (credit) for loan losses

 

 

474

 

 

 

1,528

 

 

 

25

 

 

 

(101

)

 

 

739

 

 

 

245

 

 

 

2,910

 

Loan charge-offs

 

 

(650

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(320

)

 

 

(200

)

 

 

(1,170

)

Loan recoveries

 

 

9

 

 

 

112

 

 

 

20

 

 

 

51

 

 

 

116

 

 

 

54

 

 

 

362

 

Balance - December 31, 2019

 

$

1,412

 

 

$

3,601

 

 

$

987

 

 

$

344

 

 

$

1,910

 

 

$

425

 

 

$

8,679

 

Ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

 

$

19

 

 

$

7

 

 

$

-

 

 

$

-

 

 

$

303

 

 

$

-

 

 

$

329

 

Collectively evaluated for impairment

 

$

1,393

 

 

$

3,594

 

 

$

987

 

 

$

344

 

 

$

1,607

 

 

$

425

 

 

$

8,350

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

 

$

593

 

 

$

2,304

 

 

$

146

 

 

$

314

 

 

$

412

 

 

$

-

 

 

$

3,769

 

Collectively evaluated for impairment

 

$

235,907

 

 

$

306,091

 

 

$

113,289

 

 

$

47,096

 

 

$

160,464

 

 

$

40,282

 

 

$

903,129

 

Acquired loans with deteriorated

   credit quality

 

$

718

 

 

$

1,624

 

 

$

91

 

 

$

-

 

 

$

410

 

 

$

115

 

 

$

2,958

 

Percent of loans in each category to total loans

 

 

26.1

%

 

 

34.1

%

 

 

12.5

%

 

 

5.2

%

 

 

17.7

%

 

 

4.4

%

 

 

100.0

%
Summary of Impaired Loans by Class of Loans The following tables present impaired loans by class of loans as of December 31, 2020 and 2019 (amounts in thousands).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonaccruing Impaired Loans

 

Unpaid Principal Balance

 

 

Recorded Investment

 

 

Impaired Loans With No Allowance

 

 

Impaired Loans With Allowance

 

 

Allowance for Loan Losses

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

633

 

 

$

633

 

 

$

523

 

 

$

110

 

 

$

34

 

Commercial real estate

 

 

1,014

 

 

 

1,014

 

 

 

1,014

 

 

 

-

 

 

 

-

 

Construction and land development

 

 

432

 

 

 

432

 

 

 

432

 

 

 

-

 

 

 

-

 

Total mortgage loans on real estate

 

 

2,079

 

 

 

2,079

 

 

 

1,969

 

 

 

110

 

 

 

34

 

Home equity lines of credit

 

 

207

 

 

 

207

 

 

 

207

 

 

 

-

 

 

 

-

 

Commercial loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Consumer loans

 

 

82

 

 

 

82

 

 

 

-

 

 

 

82

 

 

 

82

 

Total Loans

 

$

2,368

 

 

$

2,368

 

 

$

2,176

 

 

$

192

 

 

$

116

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accruing Impaired Loans

 

Unpaid Principal Balance

 

 

Recorded Investment

 

 

Impaired Loans With No Allowance

 

 

Impaired Loans With Allowance

 

 

Allowance for Loan Losses

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

166

 

 

$

166

 

 

$

104

 

 

$

62

 

 

$

36

 

Commercial real estate

 

 

2,070

 

 

 

2,070

 

 

 

2,070

 

 

 

-

 

 

 

-

 

Construction and land development

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total mortgage loans on real estate

 

 

2,236

 

 

 

2,236

 

 

 

2,174

 

 

 

62

 

 

 

36

 

Home equity lines of credit

 

 

201

 

 

 

201

 

 

 

201

 

 

 

-

 

 

 

-

 

Commercial loans

 

 

294

 

 

 

294

 

 

 

103

 

 

 

191

 

 

 

191

 

Consumer loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total Loans

 

$

2,731

 

 

$

2,731

 

 

$

2,478

 

 

$

253

 

 

$

227

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Impaired Loans

 

Unpaid Principal Balance

 

 

Recorded Investment

 

 

Impaired Loans With No Allowance

 

 

Impaired Loans With Allowance

 

 

Allowance for Loan Losses

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

799

 

 

$

799

 

 

$

627

 

 

$

172

 

 

$

70

 

Commercial real estate

 

 

3,084

 

 

 

3,084

 

 

 

3,084

 

 

 

-

 

 

 

-

 

Construction and land development

 

 

432

 

 

 

432

 

 

 

432

 

 

 

-

 

 

 

-

 

Total mortgage loans on real estate

 

 

4,315

 

 

 

4,315

 

 

 

4,143

 

 

 

172

 

 

 

70

 

Home equity lines of credit

 

 

408

 

 

 

408

 

 

 

408

 

 

 

-

 

 

 

-

 

Commercial loans

 

 

294

 

 

 

294

 

 

 

103

 

 

 

191

 

 

 

191

 

Consumer loans

 

 

82

 

 

 

82

 

 

 

-

 

 

 

82

 

 

 

82

 

Total Loans

 

$

5,099

 

 

$

5,099

 

 

$

4,654

 

 

$

445

 

 

$

343

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonaccruing Impaired Loans

 

Unpaid Principal Balance

 

 

Recorded Investment

 

 

Impaired Loans With No Allowance

 

 

Impaired Loans With Allowance

 

 

Allowance for Loan Losses

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

114

 

 

$

114

 

 

$

-

 

 

$

114

 

 

$

19

 

Commercial real estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Construction and land development

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total mortgage loans on real estate

 

 

114

 

 

 

114

 

 

 

-

 

 

 

114

 

 

 

19

 

Home equity lines of credit

 

 

214

 

 

 

214

 

 

 

214

 

 

 

-

 

 

 

-

 

Commercial loans

 

 

136

 

 

 

136

 

 

 

-

 

 

 

136

 

 

 

136

 

Consumer loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total Loans

 

$

464

 

 

$

464

 

 

$

214

 

 

$

250

 

 

$

155

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accruing Impaired Loans

 

Unpaid Principal Balance

 

 

Recorded Investment

 

 

Impaired Loans With No Allowance

 

 

Impaired Loans With Allowance

 

 

Allowance for Loan Losses

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

479

 

 

$

479

 

 

$

479

 

 

$

-

 

 

$

-

 

Commercial real estate

 

 

2,304

 

 

 

2,304

 

 

 

2,014

 

 

 

290

 

 

 

7

 

Construction and land development

 

 

210

 

 

 

146

 

 

 

146

 

 

 

-

 

 

 

-

 

Total mortgage loans on real estate

 

 

2,993

 

 

 

2,929

 

 

 

2,639

 

 

 

290

 

 

 

7

 

Home equity lines of credit

 

 

100

 

 

 

100

 

 

 

100

 

 

 

-

 

 

 

-

 

Commercial loans

 

 

276

 

 

 

276

 

 

 

109

 

 

 

167

 

 

 

167

 

Consumer loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total Loans

 

$

3,369

 

 

$

3,305

 

 

$

2,848

 

 

$

457

 

 

$

174

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Impaired Loans

 

Unpaid Principal Balance

 

 

Recorded Investment

 

 

Impaired Loans With No Allowance

 

 

Impaired Loans With Allowance

 

 

Allowance for Loan Losses

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

593

 

 

$

593

 

 

$

479

 

 

$

114

 

 

$

19

 

Commercial real estate

 

 

2,304

 

 

 

2,304

 

 

 

2,014

 

 

 

290

 

 

 

7

 

Construction and land development

 

 

210

 

 

 

146

 

 

 

146

 

 

 

-

 

 

 

-

 

Total mortgage loans on real estate

 

 

3,107

 

 

 

3,043

 

 

 

2,639

 

 

 

404

 

 

 

26

 

Home equity lines of credit

 

 

314

 

 

 

314

 

 

 

314

 

 

 

-

 

 

 

-

 

Commercial loans

 

 

412

 

 

 

412

 

 

 

109

 

 

 

303

 

 

 

303

 

Consumer loans

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total Loans

 

$

3,833

 

 

$

3,769

 

 

$

3,062

 

 

$

707

 

 

$

329

 
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, 2020 and 2019 by loan category (in thousands).

 

 

 

Year Ended

December 31, 2020

 

 

Year Ended

December 31, 2019

 

 

 

Average

Recorded

Investment

 

 

Interest

Income

 

 

Average

Recorded

Investment

 

 

Interest

Income

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential real estate

 

$

748

 

 

$

12

 

 

$

1,483

 

 

$

26

 

Commercial real estate

 

 

2,773

 

 

 

113

 

 

 

2,271

 

 

 

120

 

Construction and land development

 

 

200

 

 

 

-

 

 

 

152

 

 

 

8

 

Total mortgage loans on real estate

 

 

3,721

 

 

 

125

 

 

 

3,906

 

 

 

154

 

Home equity lines of credit

 

 

352

 

 

 

9

 

 

 

275

 

 

 

7

 

Commercial loans

 

 

392

 

 

 

12

 

 

 

387

 

 

 

20

 

Consumer loans

 

 

33

 

 

 

-

 

 

 

32

 

 

 

-

 

Total Loans

 

$

4,498

 

 

$

146

 

 

$

4,600

 

 

$

181

 
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, 2020 and 2019 by class of loans (amounts in thousands).

 

 

 

Accruing Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30-89 Days

 

 

90+ Days

 

 

Nonaccrual

 

 

 

 

 

As of December 31, 2020

 

Current

 

 

Past Due

 

 

Past Due

 

 

Loans

 

 

Total Loans

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

268,650

 

 

$

1,188

 

 

$

386

 

 

$

1,464

 

 

$

271,688

 

Commercial real estate

 

 

349,677

 

 

 

388

 

 

 

12

 

 

 

1,788

 

 

 

351,865

 

Construction and land development

 

 

150,127

 

 

 

29

 

 

 

-

 

 

 

446

 

 

 

150,602

 

Total mortgage loans on real estate

 

 

768,454

 

 

 

1,605

 

 

 

398

 

 

 

3,698

 

 

 

774,155

 

Home equity lines of credit

 

 

43,069

 

 

 

109

 

 

 

-

 

 

 

246

 

 

 

43,424

 

Commercial loans

 

 

334,881

 

 

 

188

 

 

 

-

 

 

 

92

 

 

 

335,161

 

Consumer loans

 

 

40,205

 

 

 

213

 

 

 

-

 

 

 

228

 

 

 

40,646

 

Total Loans

 

$

1,186,609

 

 

$

2,115

 

 

$

398

 

 

$

4,264

 

 

$

1,193,386

 

 

 

 

Accruing Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30-89 Days

 

 

90+ Days

 

 

Nonaccrual

 

 

 

 

 

As of December 31, 2019

 

Current

 

 

Past Due

 

 

Past Due

 

 

Loans

 

 

Total Loans

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

235,339

 

 

$

1,190

 

 

$

-

 

 

$

689

 

 

$

237,218

 

Commercial real estate

 

 

309,051

 

 

 

226

 

 

 

-

 

 

 

742

 

 

 

310,019

 

Construction and land development

 

 

112,916

 

 

 

534

 

 

 

-

 

 

 

76

 

 

 

113,526

 

Total mortgage loans on real estate

 

 

657,306

 

 

 

1,950

 

 

 

-

 

 

 

1,507

 

 

 

660,763

 

Home equity lines of credit

 

 

47,003

 

 

 

150

 

 

 

-

 

 

 

257

 

 

 

47,410

 

Commercial loans

 

 

160,288

 

 

 

788

 

 

 

-

 

 

 

210

 

 

 

161,286

 

Consumer loans

 

 

40,004

 

 

 

142

 

 

 

-

 

 

 

251

 

 

 

40,397

 

Total Loans

 

$

904,601

 

 

$

3,030

 

 

$

-

 

 

$

2,225

 

 

$

909,856

 
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, 2020 and 2019, 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, 2020

 

Pass

 

 

Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

266,173

 

 

$

3,616

 

 

$

1,899

 

 

$

-

 

 

$

271,688

 

Commercial real estate

 

 

340,652

 

 

 

6,918

 

 

 

4,295

 

 

 

-

 

 

 

351,865

 

Construction and land development

 

 

149,625

 

 

 

407

 

 

 

570

 

 

 

-

 

 

 

150,602

 

Total mortgage loans on real estate

 

 

756,450

 

 

 

10,941

 

 

 

6,764

 

 

 

-

 

 

 

774,155

 

Home equity lines of credit

 

 

42,879

 

 

 

59

 

 

 

486

 

 

 

-

 

 

 

43,424

 

Commercial loans

 

 

327,913

 

 

 

6,809

 

 

 

439

 

 

 

-

 

 

 

335,161

 

Consumer loans

 

 

39,929

 

 

 

360

 

 

 

357

 

 

 

-

 

 

 

40,646

 

Total Loans

 

$

1,167,171

 

 

$

18,169

 

 

$

8,046

 

 

$

-

 

 

$

1,193,386

 

 

 

 

 

 

 

 

Special

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2019

 

Pass

 

 

Mention

 

 

Substandard

 

 

Doubtful

 

 

Total

 

Mortgage loans on real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

232,017

 

 

$

3,589

 

 

$

1,612

 

 

$

-

 

 

$

237,218

 

Commercial real estate

 

 

298,980

 

 

 

7,204

 

 

 

3,835

 

 

 

-

 

 

 

310,019

 

Construction and land development

 

 

111,883

 

 

 

1,420

 

 

 

223

 

 

 

-

 

 

 

113,526

 

Total mortgage loans on real estate

 

 

642,880

 

 

 

12,213

 

 

 

5,670

 

 

 

-

 

 

 

660,763

 

Home equity lines of credit

 

 

46,994

 

 

 

59

 

 

 

357

 

 

 

-

 

 

 

47,410

 

Commercial loans

 

 

158,969

 

 

 

1,482

 

 

 

835

 

 

 

-

 

 

 

161,286

 

Consumer loans

 

 

39,564

 

 

 

389

 

 

 

444

 

 

 

-

 

 

 

40,397

 

Total Loans

 

$

888,407

 

 

$

14,143

 

 

$

7,306

 

 

$

-

 

 

$

909,856