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Loans by Type (Tables)
 3 Months Ended
Mar. 31, 2017
Receivables [Abstract]  
Summary of Loan Categories

A summary of loan categories is as follows:

March 31, December 31,
(In thousands)       2017       2016
Commercial and industrial $ 227,028 $ 214,767
Real estate
       Commercial:
              Mortgage   95,864   104,779
              Construction 7,257 6,325
       Church, church-related:    
              Mortgage 326,895 321,168
              Construction 12,454 11,152
Industrial Revenue Bonds 5,824 6,639
Other 58 36
       Total loans $        675,380 $        664,866
Schedule of the Aging Loans by Loan Categories

The following table presents the aging of loans by loan categories at March 31, 2017 and December 31, 2016:

Performing Nonperforming
90 Days
30-59 60-89 and Non- Total
(In thousands)       Current       Days       Days       Over       accrual       Loans
March 31, 2017
Commercial and industrial $ 227,028 $ — $ — $ — $ — $ 227,028
Real estate
       Commercial:
              Mortgage 95,633 — — — 231 95,864
              Construction 7,257 — — — — 7,257
       Church, church-related:
              Mortgage 326,895 — — — — 326,895
              Construction 12,454 — — — — 12,454
Industrial Revenue Bonds 5,824 — — — — 5,824
Other 36 22 — — — 58
Total $ 675,127 $ 22 $ — $ — $ 231 $ 675,380
December 31, 2016
Commercial and industrial $ 214,767 $ — $ — $ — $ — $ 214,767
Real estate
       Commercial:
              Mortgage 104,534 — — — 245 104,779
              Construction 6,325 — — — — 6,325
       Church, church-related:
              Mortgage 321,168 — — — — 321,168
              Construction 11,152 — — — — 11,152
Industrial Revenue Bonds 6,639 — — — — 6,639
Other 24 12 — — — 36
Total $        664,609 $        12 $        — $        — $        245 $        664,866
Schedule of Credit Exposure of the Loan Portfolio

The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of March 31, 2017 and December 31, 2016:

Loans Performing Nonperforming
Subject to Loans Subject to Loans Subject
Normal Special to Special
(In thousands)       Monitoring1       Monitoring2       Monitoring2       Total Loans
March 31, 2017
Commercial and industrial $ 225,321 $ 1,707 $ — $ 227,028
Real estate
       Commercial:
              Mortgage 94,892 741 231 95,864
              Construction 7,257 — — 7,257
       Church, church-related:
              Mortgage 323,866 3,029 — 326,895
              Construction 12,454 — — 12,454
Industrial Revenue Bonds 5,824 — — 5,824
Other 58 — — 58
Total $ 669,672 $ 5,477 $ 231 $ 675,380
December 31, 2016
Commercial and industrial $ 213,024 $ 1,743 $ — $ 214,767
Real estate
       Commercial:
              Mortgage 103,778 756 245 104,779
              Construction 6,325 — — 6,325
       Church, church-related:
              Mortgage 318,030 3,138 — 321,168
              Construction 11,152 — — 11,152
Industrial Revenue Bonds 6,639 — — 6,639
Other 36 — — 36
Total $        658,984 $ 5,637 $ 245 $        664,866
1 Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations.
2 Loans 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 March 31, 2017 and December 31, 2016:

Unpaid Related
Recorded Principal Allowance for
(In thousands)       Investment       Balance       Loan Losses
March 31, 2017
Commercial and industrial:
       Nonaccrual $ — $ — $ —
Real estate
       Commercial – Mortgage:
              Nonaccrual 231 231 —
       Church – Mortgage:
              Nonaccrual — — —
Total impaired loans $         231 $         231 $ —
December 31, 2016
Commercial and industrial:
       Nonaccrual $ — $ — $ —
Real estate
       Commercial – Mortgage:
              Nonaccrual 245 245 —
       Church – Mortgage:
              Nonaccrual — — —
Total impaired loans $ 245 $ 245 $ —
Summary of the Allowance for Loan Losses

A summary of the activity in the allowance for loan losses from December 31, 2016 to March 31, 2017 is as follows:

December 31, Charge- March 31,
(In thousands)       2016       Offs       Recoveries       Provision       2017
Commercial and industrial $ 3,261 $ — $ 16 $ 170 $ 3,447
Real estate
       Commercial:
              Mortgage 1,662 — — (140 ) 1,522
              Construction 47 — — 7 54
       Church, church-related:
              Mortgage 4,027 — — 73 4,100
              Construction 85 — — 9 94
Industrial Revenue Bond 101 — — (12 ) 89
Other 992 — — (107 ) 885
Total $ 10,175 $      — $      16 $      — $      10,191