XML 41 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Loans and Related Allowance for Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2018
Loans and Related Allowance for Credit Losses [Abstract]  
Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating

The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of September 30, 2018 and December 31, 2017. Due to the expansion of the Company’s internal credit quality risk ratings in the second quarter of 2018, the amount reclassified from the special mention rating to the pass/watch rating, which is included within the pass rating classification below, was $32,603,000 at June 30, 2018. Previously, both special mention and watch rated loans were reported under the special mention rating classification.







 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

Special

 

 

 

 

 

 



Pass

 

Mention

 

Substandard

 

Doubtful

 

Total

As of September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

$

 46,092 

 

$

 3,023 

 

$

 607 

 

$

 -

 

$

 49,722 

Real estate - commercial

 

 124,341 

 

 

 3,754 

 

 

 6,657 

 

 

 895 

 

 

 135,647 

Real estate - construction

 

 34,279 

 

 

 -

 

 

 2,671 

 

 

 -

 

 

 36,950 

Real estate - mortgage

 

 163,505 

 

 

 -

 

 

 3,369 

 

 

 324 

 

 

 167,198 

Obligations of states and political subdivisions

 

 17,755 

 

 

 -

 

 

 -

 

 

 -

 

 

 17,755 

Personal

 

 10,783 

 

 

 -

 

 

 20 

 

 

 -

 

 

 10,803 

Total

$

 396,755 

 

$

 6,777 

 

$

 13,324 

 

$

 1,219 

 

$

 418,075 









 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

Special

 

 

 

 

 

 



Pass

 

Mention

 

Substandard

 

Doubtful

 

Total

As of December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

$

 34,826 

 

$

 8,692 

 

$

 2,280 

 

$

 4 

 

$

 45,802 

Real estate - commercial

 

 114,299 

 

 

 17,928 

 

 

 7,189 

 

 

 953 

 

 

 140,369 

Real estate - construction

 

 22,470 

 

 

 3,297 

 

 

 2,636 

 

 

 -

 

 

 28,403 

Real estate - mortgage

 

 139,861 

 

 

 3,551 

 

 

 2,859 

 

 

 617 

 

 

 146,888 

Obligations of states and political subdivisions

 

 12,088 

 

 

 956 

 

 

 -

 

 

 -

 

 

 13,044 

Personal

 

 9,360 

 

 

 32 

 

 

 6 

 

 

 -

 

 

 9,398 

Total

$

 332,904 

 

$

 34,456 

 

$

 14,970 

 

$

 1,574 

 

$

 383,904 



Impaired Loans by Loan Portfolio Class

The following table summarizes information regarding impaired loans by portfolio class as of September 30, 2018 and December 31, 2017.





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

As of September 30, 2018

 

As of December 31, 2017



 

 

 

Unpaid

 

 

 

 

 

Unpaid

 

 

(Dollars in thousands)

 

Recorded

 

Principal

 

Related

 

Recorded

 

Principal

 

Related



 

Investment

 

Balance

 

Allowance

 

Investment

 

Balance

 

Allowance

Impaired loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

 

$

 -

 

$

 6 

 

$

 -

 

$

 468 

 

$

 477 

 

$

 -

Real estate - commercial

 

 

 910 

 

 

 1,303 

 

 

 -

 

 

 5,031 

 

 

 5,957 

 

 

 -

Acquired with credit deterioration

 

 

 509 

 

 

 548 

 

 

 -

 

 

 191 

 

 

 247 

 

 

 -

Real estate - mortgage

 

 

 2,011 

 

 

 3,752 

 

 

 -

 

 

 2,232 

 

 

 3,738 

 

 

 -

Acquired with credit deterioration

 

 

 1,059 

 

 

 1,129 

 

 

 -

 

 

 337 

 

 

 384 

 

 

 -

Personal

 

 

 17 

 

 

 17 

 

 

 -

 

 

 -

 

 

 -

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

 

$

 -

 -

$

 6 

 

$

 -

 

$

 468 

 

$

 477 

 

$

 -

Real estate - commercial

 

 

 910 

 -

 

 1,303 

 

 

 -

 

 

 5,031 

 

 

 5,957 

 

 

 -

Acquired with credit deterioration

 

 

 509 

 

 

 548 

 

 

 -

 

 

 191 

 

 

 247 

 

 

 -

Real estate - mortgage

 

 

 2,011 

 

 

 3,752 

 

 

 -

 

 

 2,232 

 

 

 3,738 

 

 

 -

Acquired with credit deterioration

 

 

 1,059 

 

 

 1,129 

 

 

 -

 

 

 337 

 

 

 384 

 

 

 -

Personal

 

 

 17 

 

 

 17 

 

 

 -

 

 

 -

 

 

 -

 

 

 -



 

$

 4,506 

 

$

 6,755 

 

$

 -

 

$

 8,259 

 

$

 10,803 

 

$

 -



Average Recorded Investment of Impaired Loans and Related Interest Income by Loan Portfolio Class [Table Text Block]

Average recorded investment of impaired loans and related interest income recognized for the three and nine months ended September 30, 2018 and 2017 are summarized in the tables below.





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended September 30, 2018

 

Three Months Ended September 30, 2017



 

Average

 

Interest

 

Cash Basis

 

Average

 

Interest

 

Cash Basis

(Dollars in thousands)

 

Recorded

 

Income

 

Interest

 

Recorded

 

Income

 

Interest



 

Investment

 

Recognized

 

Income

 

Investment

 

Recognized

 

Income

Impaired loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

 

$

 -

 

$

 -

 

$

 -

 

$

 351 

 

$

 5 

 

$

 -

Real estate - commercial

 

 

 912 

 

 

 -

 

 

 -

 

 

 5,336 

 

 

 81 

 

 

 -

Acquired with credit deterioration

 

 

 521 

 

 

 -

 

 

 -

 

 

 204 

 

 

 -

 

 

 -

Real estate - mortgage

 

 

 1,990 

 

 

 4 

 

 

 14 

 

 

 2,795 

 

 

 5 

 

 

 6 

Acquired with credit deterioration

 

 

 1,095 

 

 

 -

 

 

 -

 

 

 347 

 

 

 -

 

 

 -

Personal

 

 

 17 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

 

$

 -

 

$

 -

 

$

 -

 

$

 8 

 

$

 -

 

$

 -

Real estate - commercial

 

 

 -

 

 

 -

 

 

 -

 

 

 460 

 

 

 -

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

 

$

 -

 -

$

 -

 

$

 -

 

$

 359 

 

$

 5 

 

$

 -

Real estate - commercial

 

 

 912 

 

 

 -

 

 

 -

 

 

 5,796 

 

 

 81 

 

 

 -

Acquired with credit deterioration

 

 

 521 

 

 

 -

 

 

 -

 

 

 204 

 

 

 -

 

 

 -

Real estate - mortgage

 

 

 1,990 

 

 

 4 

 

 

 14 

 

 

 2,795 

 

 

 5 

 

 

 6 

Acquired with credit deterioration

 

 

 1,095 

 

 

 -

 

 

 -

 

 

 347 

 

 

 -

 

 

 -

Personal

 

 

 17 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -



 

$

 4,535 

 

$

 4 

 

$

 14 

 

$

 9,501 

 

$

 91 

 

$

 6 









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Nine Months Ended September 30, 2018

 

Nine Months Ended September 30, 2017



 

Average

 

Interest

 

Cash Basis

 

Average

 

Interest

 

Cash Basis

(Dollars in thousands)

 

Recorded

 

Income

 

Interest

 

Recorded

 

Income

 

Interest



 

Investment

 

Recognized

 

Income

 

Investment

 

Recognized

 

Income

Impaired loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

 

$

 234 

 

$

 -

 

$

 -

 

$

 396 

 

$

 18 

 

$

 -

Real estate - commercial

 

 

 2,971 

 

 

 -

 

 

 -

 

 

 5,671 

 

 

 238 

 

 

 -

Acquired with credit deterioration

 

 

 350 

 

 

 -

 

 

 -

 

 

 420 

 

 

 -

 

 

 -

Real estate - construction

 

 

 -

 

 

 -

 

 

 -

 

 

 1,228 

 

 

 34 

 

 

 -

Real estate - mortgage

 

 

 2,122 

 

 

 14 

 

 

 16 

 

 

 2,933 

 

 

 16 

 

 

 19 

Acquired with credit deterioration

 

 

 698 

 

 

 -

 

 

 -

 

 

 379 

 

 

 -

 

 

 -

Personal

 

 

 9 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate - mortgage

 

$

 -

 

$

 -

 

$

 -

 

$

 356 

 

$

 -

 

$

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

 

$

 234 

 

$

 -

 

$

 -

 

$

 396 

 

$

 18 

 

$

 -

Real estate - commercial

 

 

 2,971 

 

 

 -

 

 

 -

 

 

 5,671 

 

 

 238 

 

 

 -

Acquired with credit deterioration

 

 

 350 

 

 

 -

 

 

 -

 

 

 420 

 

 

 -

 

 

 -

Real estate - construction

 

 

 -

 

 

 -

 

 

 -

 

 

 1,228 

 

 

 34 

 

 

 -

Real estate - mortgage

 

 

 2,122 

 

 

 14 

 

 

 16 

 

 

 3,289 

 

 

 16 

 

 

 19 

Acquired with credit deterioration

 

 

 698 

 

 

 -

 

 

 -

 

 

 379 

 

 

 -

 

 

 -

Personal

 

 

 9 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -



 

$

 6,384 

 

$

 14 

 

$

 16 

 

$

 11,383 

 

$

 306 

 

$

 19 



Nonaccrual Loans by Classes of the Loan Portfolio

The following table presents nonaccrual loans by classes of the loan portfolio as of September 30, 2018 and December 31, 2017.







 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 



September 30, 2018

 

December 31, 2017

Nonaccrual loans:

 

 

 

 

 

Commercial, financial and agricultural

$

 -

 

$

 4 

Real estate - commercial

 

 910 

 

 

 953 

Real estate - mortgage

 

 1,622 

 

 

 1,917 

Personal

 

 17 

 

 

 -

Total

$

 2,549 

 

$

 2,874 



Loan Portfolio Summarized by the Past Due Status

The following tables present the classes of the loan portfolio summarized by the past due status as of September 30, 2018 and December 31, 2017.







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans Past



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due Greater



30-59

 

60-89

 

Greater

 

 

 

 

 

 

 

than 90

(Dollars in thousands)

Days Past

 

Days Past

 

than 90

 

Total Past

 

 

 

Total

 

Days and



Due

 

Due

 

Days

 

Due

 

Current

 

Loans

 

Accruing

As of September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

$

 49 

 

 

 -

 

 

 -

 

$

 49 

 

$

 49,673 

 

$

 49,722 

 

$

 -

Real estate - commercial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate - commercial

 

 729 

 

 

 -

 

 

 -

 

 

 729 

 

 

 134,409 

 

 

 135,138 

 

 

 -

Acquired with credit deterioration

 

 

 

 

 148 

 

 

 -

 

 

 148 

 

 

 361 

 

 

 509 

 

 

 -

Real estate - construction

 

 317 

 

 

 -

 

 

 -

 

 

 317 

 

 

 36,633 

 

 

 36,950 

 

 

 -

Real estate - mortgage:

 

 

 

 

 

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 

Real estate - mortgage

 

 1,428 

 

 

 555 

 

 

 60 

 

 

 2,043 

 

 

 164,096 

 

 

 166,139 

 

 

 60 

Acquired with credit deterioration

 

 318 

 

 

 -

 

 

 260 

 

 

 578 

 

 

 481 

 

 

 1,059 

 

 

 260 

Obligations of states and political

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 -

subdivisions

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 17,755 

 

 

 17,755 

 

 

 -

Personal

 

 22 

 

 

 -

 

 

 1 

 

 

 23 

 

 

 10,780 

 

 

 10,803 

 

 

 1 

Total

$

 2,863 

 

$

 703 

 

$

 321 

 

$

 3,887 

 

$

 414,188 

 

$

 418,075 

 

$

 321 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans Past



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due Greater



30-59

 

60-89

 

Greater

 

 

 

 

 

 

 

than 90

(Dollars in thousands)

Days Past

 

Days Past

 

than 90

 

Total Past

 

 

 

Total

 

Days and



Due

 

Due

 

Days

 

Due

 

Current

 

Loans

 

Accruing

As of December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial, financial and agricultural

$

 -

 

$

 -

 

$

 -

 

$

 -

 

$

 45,802 

 

$

 45,802 

 

$

 -

Real estate - commercial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate - commercial

 

 16 

 

 

 23 

 

 

 -

 

 

 39 

 

 

 140,139 

 

 

 140,178 

 

 

 -

Acquired with credit deterioration

 

 -

 

 

 -

 

 

 28 

 

 

 28 

 

 

 163 

 

 

 191 

 

 

 28 

Real estate - construction

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 28,403 

 

 

 28,403 

 

 

 -

Real estate - mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate - mortgage

 

 694 

 

 

 80 

 

 

 64 

 

 

 838 

 

 

 145,713 

 

 

 146,551 

 

 

 64 

Acquired with credit deterioration

 

 -

 

 

 -

 

 

 123 

 

 

 123 

 

 

 214 

 

 

 337 

 

 

 123 

Obligations of states and political

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

subdivisions

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 13,044 

 

 

 13,044 

 

 

 -

Personal

 

 66 

 

 

 6 

 

 

 -

 

 

 72 

 

 

 9,326 

 

 

 9,398 

 

 

 -

Total

$

 776 

 

$

 109 

 

$

 215 

 

$

 1,100 

 

$

 382,804 

 

$

 383,904 

 

$

 215 



Troubled Debt Restructurings on Financing Receivables

The following tables summarize information regarding troubled debt restructurings by loan portfolio class at September 30, 2018 and December 31, 2017.







 

 

 

 

 

 

 

 

 

 



 

 

Pre-Modification

 

Post-Modification

 

 

(Dollars in thousands)

Number of

 

Outstanding Recorded

 

Outstanding Recorded

 

 



Contracts

 

Investment

 

Investment

 

Recorded Investment

As of September 30, 2018

 

 

 

 

 

 

 

 

 

 

Accruing troubled debt restructurings:

 

 

 

 

 

 

 

 

 

 

Real estate - mortgage

 8 

 

$

 522 

 

$

 550 

 

$

 439 



 

 

 

 

 

 

 

 

 

 

Non-accruing troubled debt restructurings:

 

 

 

 

 

 

 

 

 

 

Real estate - mortgage

 1 

 

 

 25 

 

 

 25 

 

 

 18 



 9 

 

$

 547 

 

$

 575 

 

$

 457 

 







 

 

 

 

 

 

 

 

 

 



 

 

Pre-Modification

 

Post-Modification

 

 

(Dollars in thousands)

Number of

 

Outstanding Recorded

 

Outstanding Recorded

 

 



Contracts

 

Investment

 

Investment

 

Recorded Investment

As of December 31, 2017

 

 

 

 

 

 

 

 

 

 

Accruing troubled debt restructurings:

 

 

 

 

 

 

 

 

 

 

Real estate - mortgage

 7 

 

$

 369 

 

$

 397 

 

$

 315 



 

 

 

 

 

 

 

 

 

 

Non-accruing troubled debt restructurings:

 

 

 

 

 

 

 

 

 

 

Commercial, financial, agricultural

 1 

 

 

 19 

 

 

 20 

 

 

 4 

Real estate - mortgage

 1 

 

 

 25 

 

 

 25 

 

 

 20 



 9 

 

$

 413 

 

$

 442 

 

$

 339 



Summary of Loans Whose Terms Have Been Modified

The following tables list the loans whose terms were modified resulting in a troubled debt restructuring during the nine month periods ended September 30, 2018 and 2017. 







 

 

 

 

 

 

 

 

 

 



 

 

Pre-Modification

 

Post-Modification

 

 

(Dollars in thousands)

Number of

 

Outstanding Recorded

 

Outstanding Recorded

 

 



Contracts

 

Investment

 

Investment

 

Recorded Investment

Nine Months Ended September 30, 2018

 

 

 

 

 

 

 

 

 

 

Accruing troubled debt restructurings:

 

 

 

 

 

 

 

 

 

 

Real estate - mortgage

 1 

 

$

 153 

 

$

 153 

 

$

 153 



 1 

 

$

 153 

 

$

 153 

 

$

 153 











 

 

 

 

 

 

 

 

 

 



 

 

Pre-Modification

 

Post-Modification

 

 

(Dollars in thousands)

Number of

 

Outstanding Recorded

 

Outstanding Recorded

 

 



Contracts

 

Investment

 

Investment

 

Recorded Investment

Nine Months Ended September 30, 2017

 

 

 

 

 

 

 

 

 

 

Accruing troubled debt restructurings:

 

 

 

 

 

 

 

 

 

 

Commercial, financial, agricultural

 1 

 

$

 19 

 

$

 20 

 

$

 7 



 1 

 

$

 19 

 

$

 20 

 

$

 7 



Allowance for Loan Losses and Recorded Investments in Loans Receivable

The following tables summarize the activity in the allowance for loan losses and related investments in loans receivable.



As of, and for the periods ended, September 30, 2018







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Obligations of

 

 

 

 



Commercial,

 

 

 

 

 

 

 

states and

 

 

 

 

(Dollars in thousands)

financial and

 

Real estate -

 

Real estate -

 

Real estate -

 

political

 

 

 

 



agricultural

 

commercial

 

construction

 

mortgage

 

subdivisions

 

Personal

 

Total

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, July 1, 2018

$

 348 

 

$

 1,062 

 

$

 327 

 

$

 1,261 

 

$

 -

 

$

 60 

 

$

 3,058 

Charge-offs

 

 -

 

 

 (9)

 

 

 -

 

 

 (48)

 

 

 -

 

 

 (12)

 

 

 (69)

Recoveries

 

 3 

 

 

 -

 

 

 -

 

 

 7 

 

 

 -

 

 

 7 

 

 

 17 

Provisions

 

 (56)

 

 

 (3)

 

 

 43 

 

 

 40 

 

 

 -

 

 

 8 

 

 

 32 

Ending balance, September 30, 2018

$

 295 

 

$

 1,050 

 

$

 370 

 

$

 1,260 

 

$

 -

 

$

 63 

 

$

 3,038 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Obligations of

 

 

 

 



Commercial,

 

 

 

 

 

 

 

states and

 

 

 

 



financial and

 

Real estate -

 

Real estate -

 

Real estate -

 

political

 

 

 

 



agricultural

 

commercial

 

construction

 

mortgage

 

subdivisions

 

Personal

 

Total

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, January 1, 2018

$

 273 

 

$

 1,022 

 

$

 288 

 

$

 1,285 

 

$

 -

 

$

 71 

 

$

 2,939 

Charge-offs

 

 -

 

 

 (60)

 

 

 -

 

 

 (76)

 

 

 -

 

 

 (35)

 

 

 (171)

Recoveries

 

 9 

 

 

 5 

 

 

 -

 

 

 12 

 

 

 -

 

 

 13 

 

 

 39 

Provisions

 

 13 

 

 

 83 

 

 

 82 

 

 

 39 

 

 

 -

 

 

 14 

 

 

 231 

Ending balance, September 30, 2018

$

 295 

 

$

 1,050 

 

$

 370 

 

$

 1,260 

 

$

 -

 

$

 63 

 

$

 3,038 

collectively evaluated for impairment

$

 295 

 

$

 1,050 

 

$

 370 

 

$

 1,260 

 

$

 -

 

$

 63 

 

$

 3,038 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans receivable:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

$

 49,722 

 

$

 135,647 

 

$

 36,950 

 

$

 167,198 

 

$

 17,755 

 

$

 10,803 

 

$

 418,075 

individually evaluated for impairment

 

 -

 

$

 910 

 

$

 -

 

$

 2,011 

 

$

 -

 

$

 17 

 

 

 2,938 

acquired with credit deterioration

 

 -

 -

$

 509 

 -

$

 -

 -

$

 1,059 

 -

$

 -

 -

$

 -

 

 

 1,568 

collectively evaluated for impairment

$

 49,722 

 

$

 134,228 

 

$

 36,950 

 

$

 164,128 

 

$

 17,755 

 

$

 10,786 

 

$

 413,569 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





As of, and for the periods ended, September 30, 2017



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Obligations of

 

 

 

 



Commercial,

 

 

 

 

 

 

 

states and

 

 

 

 

(Dollars in thousands)

financial and

 

Real estate -

 

Real estate -

 

Real estate -

 

political

 

 

 

 



agricultural

 

commercial

 

construction

 

mortgage

 

subdivisions

 

Personal

 

Total

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, July 1, 2017

$

 402 

 

$

 1,125 

 

$

 172 

 

$

 1,093 

 

$

 -

 

$

 84 

 

$

 2,876 

Charge-offs

 

 (9)

 

 

 (70)

 

 

 -

 

 

 (37)

 

 

 -

 

 

 (7)

 

 

 (123)

Recoveries

 

 2 

 

 

 -

 

 

 -

 

 

 1 

 

 

 -

 

 

 2 

 

 

 5 

Provisions

 

 (33)

 

 

 100 

 

 

 30 

 

 

 50 

 

 

 -

 

 

 2 

 

 

 149 

Ending balance, September 30, 2017

$

 362 

 

$

 1,155 

 

$

 202 

 

$

 1,107 

 

$

 -

 

$

 81 

 

$

 2,907 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Obligations of

 

 

 

 



Commercial,

 

 

 

 

 

 

 

states and

 

 

 

 



financial and

 

Real estate -

 

Real estate -

 

Real estate -

 

political

 

 

 

 



agricultural

 

commercial

 

construction

 

mortgage

 

subdivisions

 

Personal

 

Total

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, January 1, 2017

$

 318 

 

$

 948 

 

$

 231 

 

$

 1,143 

 

$

 -

 

$

 83 

 

$

 2,723 

Charge-offs

 

 (46)

 

 

 (70)

 

 

 -

 

 

 (120)

 

 

 -

 

 

 (24)

 

 

 (260)

Recoveries

 

 2 

 

 

 -

 

 

 -

 

 

 45 

 

 

 -

 

 

 8 

 

 

 55 

Provisions

 

 88 

 

 

 277 

 

 

 (29)

 

 

 39 

 

 

 -

 

 

 14 

 

 

 389 

Ending balance, September 30, 2017

$

 362 

 

$

 1,155 

 

$

 202 

 

$

 1,107 

 

$

 -

 

$

 81 

 

$

 2,907 

collectively evaluated for impairment

$

 362 

 

$

 1,155 

 

$

 202 

 

$

 1,107 

 

$

 -

 

$

 81 

 

$

 2,907 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans receivable:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

$

 48,551 

 

$

 134,340 

 

$

 28,145 

 

$

 147,783 

 

$

 13,862 

 

$

 9,935 

 

$

 382,616 

individually evaluated for impairment

 

 356 

 

 

 5,842 

 

 

 -

 

 

 2,521 

 

 

 -

 

 

 -

 

 

 8,719 

acquired with credit deterioration

 

 -

 

 

 199 

 

 

 -

 

 

 343 

 

 

 -

 

 

 -

 

 

 542 

collectively evaluated for impairment

$

 48,195 

 

$

 128,299 

 

$

 28,145 

 

$

 144,919 

 

$

 13,862 

 

$

 9,935 

 

$

 373,355 









As of December 31, 2017



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Obligations of

 

 

 

 



Commercial,

 

 

 

 

 

 

 

states and

 

 

 

 

(Dollars in thousands)

financial and

 

Real estate -

 

Real estate -

 

Real estate -

 

political

 

 

 

 



agricultural

 

commercial

 

construction

 

mortgage

 

subdivisions

 

Personal

 

Total

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, January 1, 2017

$

 318 

 

$

 948 

 

$

 231 

 

$

 1,143 

 

$

 -

 

$

 83 

 

$

 2,723 

Charge-offs

 

 (46)

 

 

 (70)

 

 

 -

 

 

 (149)

 

 

 -

 

 

 (27)

 

 

 (292)

Recoveries

 

 5 

 

 

 2 

 

 

 -

 

 

 45 

 

 

 -

 

 

 17 

 

 

 69 

Provisions

 

 (4)

 

 

 142 

 

 

 57 

 

 

 246 

 

 

 -

 

 

 (2)

 

 

 439 

Ending balance, December 31, 2017

$

 273 

 

$

 1,022 

 

$

 288 

 

$

 1,285 

 

$

 -

 

$

 71 

 

$

 2,939 

collectively evaluated for impairment

$

 273 

 

$

 1,022 

 

$

 288 

 

$

 1,285 

 

$

 -

 

$

 71 

 

$

 2,939 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans receivable:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

$

 45,802 

 

$

 140,369 

 

$

 28,403 

 

$

 146,888 

 

$

 13,044 

 

$

 9,398 

 

$

 383,904 

individually evaluated for impairment

 

 468 

 

 

 5,031 

 

 

 -

 

 

 2,232 

 

 

 -

 

 

 -

 

 

 7,731 

acquired with credit deterioration

 

 -

 

 

 191 

 

 

 -

 

 

 337 

 

 

 -

 

 

 -

 

 

 528 

collectively evaluated for impairment

$

 45,334 

 

$

 135,147 

 

$

 28,403 

 

$

 144,319 

 

$

 13,044 

 

$

 9,398 

 

$

 375,645