Note 5 - Allowance for Loan Losses

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Allowance for Credit Losses [Text Block]

NOTE

5

. ALLOWANCE FOR LOAN LOSSES

The following tables detail activity in the allowance for loan losses, segregated by class of loan, for the year ended

December 31, 2019.

Allocation of a portion of the allowance to

one

category of loans does

not

preclude its availability to absorb losses in other loan categories and periodically

may

result in reallocation within the provision categories. 

(dollars in thousands)	Construction, land and land development		Other commercial real estate		Residential real estate		Commercial, financial, & agricultural		Consumer and other		Total
Twelve months ended December 31, 2019
Beginning balance	$	131	$	5,251	$	1,181	$	618	$	96	$	7,277
Charge-offs		(29)		(119)		(758)		(403)		(784)		(2,093)
Recoveries		82		218		174		36		65		575
Provision		31		(1,442)		383		1,406		726		1,104
Ending balance	$	215	$	3,908	$	980	$	1,657	$	103	$	6,863
Period-end amount allocated to:
Individually evaluated for impairment		-		1,939		137		1,073		-		3,149
Collectively evaluated for impairment		215		1,969		837		584		103		3,708
Purchase credit impaired		-		-		6		-		-		6
Ending balance	$	215	$	3,908	$	980	$	1,657	$	103	$	6,863
Loans:
Loans individually evaluated for impairment		67		18,024		3,471		2,246		-		23,808
Loans collectively evaluated for impairment		95,965		522,181		191,314		112,077		23,322		944,859
Purchased credit impaired		65		34		11		37		-		147
Ending balance	$	96,097	$	540,239	$	194,796	$	114,360	$	23,322	$	968,814

The following tables detail activity in the allowance for loan losses, segregated by class of loan, for the year ended

December 31, 2018.

Allocation of a portion of the allowance to

one

category of loans does

not

preclude its availability to absorb losses in other loan categories and periodically

may

result in reallocation within the provision categories.

(dollars in thousands)	Construction, land and land development		Other commercial real estate		Residential real estate		Commercial, financial, & agricultural		Consumer and other		Total
Twelve months ended December 31, 2018
Beginning balance	$	1,216	$	4,653	$	968	$	633	$	37	$	7,507
Charge-offs		-		(257)		(162)		(246)		(300)		(965)
Recoveries		155		52		91		161		75		534
Provision		(1,240)		803		284		70		284		201
Ending balance	$	131	$	5,251	$	1,181	$	618	$	96	$	7,277
Period-end amount allocated to:
Individually evaluated for impairment		39		1,312		61		6		-		1,418
Collectively evaluated for impairment		92		3,939		1,120		612		96		5,859
Ending balance	$	131	$	5,251	$	1,181	$	618	$	96	$	7,277
Loans:
Loans individually evaluated for impairment		531		18,271		4,404		1,050		217		24,473
Loans collectively evaluated for impairment		59,779		417,690		183,188		73,116		23,280		757,053
Ending balance	$	60,310	$	435,961	$	187,592	$	74,166	$	23,497	$	781,526