Loans (Tables)

9 Months Ended

Sep. 30, 2020

Receivables [Abstract]

Composition of Net Loans

The composition of Net loans as of the balance sheet dates was as follows:

	September 30, 2020		December 31, 2019
	(Dollars in thousands)
Residential real estate	$	182,935	$	192,125
Construction real estate	49,668		69,617
Commercial real estate	317,985		289,883
Commercial	114,868		47,699
Consumer	2,833		3,562
Municipal	97,761		67,358
Gross loans	766,050		670,244
Allowance for loan losses	(7,691)		(6,122)
Net deferred loan (fees) costs	(536)		1,043
Net loans	$	757,823	$	665,165

Financing Receivable, Past Due

A summary of current, past due and nonaccrual loans as of the balance sheet dates follows:

September 30, 2020	Current		30-59 Days		60-89 Days		90 Days and Over and Accruing		Nonaccrual		Total
	(Dollars in thousands)
Residential real estate	$	180,973	$	542	$	251	$	520	$	649	$	182,935
Construction real estate	48,337		865		—		444		22		49,668
Commercial real estate	315,296		—		924		—		1,765		317,985
Commercial	114,843		3		7		—		15		114,868
Consumer	2,817		11		5		—		—		2,833
Municipal	97,761		—		—		—		—		97,761
Total	$	760,027	$	1,421	$	1,187	$	964	$	2,451	$	766,050

December 31, 2019	Current		30-59 Days		60-89 Days		90 Days and Over and Accruing		Nonaccrual		Total
	(Dollars in thousands)
Residential real estate	$	187,022	$	2,716	$	1,304	$	811	$	272	$	192,125
Construction real estate	68,731		470		19		368		29		69,617
Commercial real estate	286,795		940		150		—		1,998		289,883
Commercial	47,673		—		5		—		21		47,699
Consumer	3,532		21		6		—		3		3,562
Municipal	67,358		—		—		—		—		67,358
Total	$	661,111	$	4,147	$	1,484	$	1,179	$	2,323	$	670,244