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Loans by Type (Tables)
6 Months Ended
Jun. 30, 2016
Receivables [Abstract]  
Summary of Loan Categories

A summary of loan categories is as follows:

June 30,       December 31,
(In thousands) 2016 2015
Commercial and industrial $      225,657 $ 193,430
Real estate
       Commercial:
              Mortgage 104,355 108,836
              Construction 13,997 1,182
       Church, church-related:
              Mortgage 311,012 306,728
              Construction 24,842 28,957
Industrial Revenue Bonds 18,204 19,831
Other 67 91
       Total loans $ 698,134 $ 659,055
Schedule of the Aging Loans by Loan Categories

The following table presents the aging of loans by loan categories at June 30, 2016 and December 31, 2015:

Performing Nonperforming
90 Days
30-59 60-89 and Non- Total
(In thousands)       Current       Days       Days       Over       accrual       Loans
June 30, 2016
Commercial and industrial $      225,657 $      $      $      $      $      225,657
Real estate
       Commercial:
              Mortgage 104,080 275 104,355
              Construction 13,997 13,997
       Church, church-related:
              Mortgage 309,936 989 87 311,012
              Construction 24,842 24,842
Industrial Revenue Bonds 18,204 18,204
Other 67 67
Total $ 696,783 $ 989 $ $ $ 362 $ 698,134
December 31, 2015
Commercial and industrial $ 193,430 $ $ $ $ $ 193,430
Real estate
       Commercial:
              Mortgage 105,804 3,032 108,836
              Construction 1,182 1,182
       Church, church-related:
              Mortgage 306,625 103 306,728
              Construction 28,957 28,957
Industrial Revenue Bonds 19,831 19,831
Other 91 91
Total $ 655,920 $ $ $ $ 3,135 $ 659,055
Schedule of Credit Exposure of the Loan Portfolio

The following table presents the credit exposure of the loan portfolio by internally credit grade as of June 30, 2016 and December 31, 2015:

Loans Performing Nonperforming
Subject to Loans Subject to Loans Subject
Normal Special to Special
(In thousands)       Monitoring1       Monitoring2       Monitoring2       Total Loans
June 30, 2016
Commercial and industrial $      223,288 $      2,369 $      $      225,657
Real estate  
       Commercial:
              Mortgage 102,978 1,102 275 104,355
              Construction 13,997 13,997
       Church, church-related:
              Mortgage 303,534 7,391 87 311,012
              Construction 24,842 24,842
Industrial Revenue Bonds 18,204 18,204
Other 67 67
Total $ 686,910 $ 10,862 $ 362 $ 698,134
December 31, 2015
Commercial and industrial $ 190,303 $ 3,127 $ $ 193,430
Real estate
       Commercial:
              Mortgage 104,642 1,162 3,032 108,836
              Construction 1,182 1,182
       Church, church-related:
              Mortgage 299,135 7,490 103 306,728
              Construction 28,957 28,957
Industrial Revenue Bonds 19,831 19,831
Other 91 91
Total $ 644,141 $ 11,779 $ 3,135 $ 659,055
1Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations.
2Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention.
Schedule of Recorded Investment and Unpaid Principal Balance for Impaired Loans

The following table presents the recorded investment and unpaid principal balance for impaired loans at June 30, 2016 and December 31, 2015:

Unpaid Related
      Recorded       Principal       Allowance for
(In thousands) Investment Balance Loan Losses
June 30, 2016
Commercial and industrial:
              Nonaccrual $      $      $     
Real estate
       Commercial – Mortgage:
              Nonaccrual 275 275
       Church – Mortgage:
              Nonaccrual 87 87 87
Total impaired loans $ 362 $ 362 $ 87
December 31, 2015
Commercial and industrial:
              Nonaccrual $ $ $
Real estate
       Commercial – Mortgage:
              Nonaccrual 3,032 3,032 1,039
       Church – Mortgage:
              Nonaccrual 103 103 103
Total impaired loans $ 3,135 $ 3,135 $ 1,142
Summary of the Allowance for Loan Losses

A summary of the activity in the allowance for loan losses from December 31, 2015 to June 30, 2016 is as follows:

December 31, Charge- June 30,
(In thousands)       2015       Offs       Recoveries       Provision       2016
Commercial and industrial $      3,083 $      $      37 $      497 $      3,617
Real estate
       Commercial:
              Mortgage 2,803 (1,113 ) 1,690
              Construction 9 96 105
       Church, church-related:
              Mortgage 4,082 34 4,116
              Construction 217 (30 ) 187
Industrial Revenue Bonds 320 (34 ) 286
Other 1,121 (450 ) 671
Total $ 11,635 $ $ 37 $ (1,000 ) $ 10,672

A summary of the activity in the allowance for loan losses from December 31, 2014 to June 30, 2015 is as follows:

December 31, Charge- June 30,
(In thousands)       2014       Offs       Recoveries       Provision       2015
Commercial and industrial $ 3,515 $ $ 7 $ 78 $ 3,600
Real estate
       Commercial:
              Mortgage 3,060 (57 )   3,003
              Construction  
       Church, church-related:          
              Mortgage 4,016       1 52 4,069
              Construction 140   20 160
Industrial Revenue Bonds   394 (27 ) 367
Other 769           (66 ) 703
Total $ 11,894 $ $ 8 $ $      11,902