Loan Quality And Allowance For Loan Losses (Tables)

3 Months Ended

Mar. 31, 2021

Loan Quality And Allowance For Loan Losses [Abstract]

Allowance For Loan Losses, By Loan Segment

The following table presents, by class, the activity in the Allowance for Loan Losses (ALL) for the periods shown:

	Residential Real Estate 1-4 Family
	First		Junior Liens &				Commercial
(Dollars in thousands)	Liens		Lines of Credit		Construction		Real Estate		Commercial		Consumer		Unallocated		Total
ALL at December 31, 2020	$	555	$	226	$	294	$	9,163	$	5,679	$	97	$	775	$	16,789
Charge-offs		—		—		—		(13)		(5)		(18)		—		(36)
Recoveries		—		169		—		—		7		7		—		183
Provision		(108)		(184)		24		(365)		(208)		27		14		(800)
ALL at March 31, 2021	$	447	$	211	$	318	$	8,785	$	5,473	$	113	$	789	$	16,136
ALL at December 31, 2019	$	416	$	119	$	186	$	6,607	$	4,022	$	84	$	532	$	11,966
Charge-offs		-		—		—		—		(220)		(30)		—		(250)
Recoveries		3		—		—		—		5		6		—		14
Provision		144		59		82		1,660		889		38		128		3,000
ALL at March 31, 2020	$	563	$	178	$	268	$	8,267	$	4,696	$	98	$	660	$	14,730

The following table presents, by class, loans that were evaluated for the ALL under the specific reserve (individually) and those that were evaluated under the general reserve (collectively) and the amount of the ALL established in each class as of March 31, 2021 and December 31, 2020:

	Residential Real Estate 1-4 Family
	First		Junior Liens &				Commercial
(Dollars in thousands)	Liens		Lines of Credit		Construction		Real Estate		Commercial		Consumer		Unallocated		Total
March 31, 2021
Loans evaluated for ALL:
Individually	$	631	$	—	$	511	$	16,000	$	—	$	—	$	—	$	17,142
Collectively		131,378		65,951		18,107		477,544		283,705		7,106		—		983,791
Total	$	132,009	$	65,951	$	18,618	$	493,544	$	283,705	$	7,106	$	—	$	1,000,933
ALL established for ‎  loans evaluated:
Individually	$	—	$	—	$	—	$	228	$	—	$	—	$	—	$	228
Collectively		447		211		318		8,557		5,473		113		789		15,908
ALL at March 31, 2021	$	447	$	211	$	318	$	8,785	$	5,473	$	113	$	789	$	16,136
December 31, 2020
Loans evaluated for ALL:
Individually	$	637	$	—	$	512	$	16,104	$	—	$	—	$	—	$	17,253
Collectively		136,587		65,360		15,797		487,873		281,257		5,577		—		992,451
Total	$	137,224	$	65,360	$	16,309	$	503,977	$	281,257	$	5,577	$	—	$	1,009,704
ALL established for ‎  loans evaluated:
Individually	$	—	$	—	$	—	$	228	$	—	$	—	$	—	$	228
Collectively		555		226		294		8,935		5,679		97		775		16,561
ALL at December 31, 2020	$	555	$	226	$	294	$	9,163	$	5,679	$	97	$	775	$	16,789

Impaired Financing Receivables

The following table shows additional information about those loans considered to be impaired at March 31, 2021 and December 31, 2020:

	Impaired Loans
	With No Allowance				With Allowance
(Dollars in thousands)			Unpaid				Unpaid
	Recorded		Principal		Recorded		Principal		Related
March 31, 2021	Investment		Balance		Investment		Balance		Allowance
Residential Real Estate 1-4 Family
First liens	$	631	$	631	$	—	$	—	$	—
Junior liens and lines of credit		—		—		—		—		—
Total		631		631		—		—		—
Residential real estate - construction		511		729		—		—		—
Commercial real estate		10,259		10,987		5,741		5,741		228
Commercial		—		—		—		—		—
Total	$	11,401	$	12,347	$	5,741	$	5,741	$	228

December 31, 2020
Residential Real Estate 1-4 Family
First liens	$	637	$	637	$	—	$	—	$	—
Junior liens and lines of credit		—		—		—		—		—
Total		637		637		—		—		—
Residential real estate - construction		512		729		—		—		—
Commercial real estate		10,402		11,107		5,702		5,702		228
Commercial		—		—		—		—		—
Total	$	11,551	$	12,473	$	5,702	$	5,702	$	228

The following table shows the average of impaired loans and related interest income for the three months ended March 31, 2021 and 2020:

	Three Months Ended
	March 31, 2021
	Average		Interest
(Dollars in thousands)	Recorded		Income
	Investment		Recognized
Residential Real Estate 1-4 Family
First liens	$	634	$	8
Junior liens and lines of credit		—		—
Total		634		8
Residential real estate - construction		512		—
Commercial real estate		16,043		91
Commercial		—		—
Total	$	17,189	$	99
	Three Months Ended
	March 31, 2020
	Average		Interest
(Dollars in thousands)	Recorded		Income
	Investment		Recognized
Residential Real Estate 1-4 Family
First liens	$	656	$	10
Junior liens and lines of credit		—		—
Total		656		10
Residential real estate - construction		521		—
Commercial real estate		10,899		94
Commercial		—		—
Total	$	12,076	$	104

Aging Of Payments Of The Loan Portfolio

The following table presents the aging of payments of the loan portfolio:

(Dollars in thousands)			Loans Past Due and Still Accruing										Total
	Current		30-59 Days		60-89 Days		90 Days+		Total		Non-Accrual		Loans
March 31, 2021
Residential Real Estate 1-4 Family
First liens	$	131,794	$	174	$	—	$	—	$	174	$	41	$	132,009
Junior liens and lines of credit		65,768		136		38		—		174		9		65,951
Total		197,562		310		38		—		348		50		197,960
Residential real estate - construction		18,107		—		—		—		—		511		18,618
Commercial real estate		485,377		—		—		—		—		8,167		493,544
Commercial		283,548		50		—		—		50		107		283,705
Consumer		7,091		12		2		1		15		—		7,106
Total	$	991,685	$	372	$	40	$	1	$	413	$	8,835	$	1,000,933

December 31, 2020
Residential Real Estate 1-4 Family
First liens	$	137,056	$	43	$	58	$	26	$	127	$	41	$	137,224
Junior liens and lines of credit		65,212		115		23		—		138		10		65,360
Total		202,268		158		81		26		265		51		202,584
Residential real estate - construction		15,797		—		—		—		—		512		16,309
Commercial real estate		495,609		74		261		—		335		8,033		503,977
Commercial		280,930		219		—		—		219		108		281,257
Consumer		5,525		38		2		12		52		—		5,577
Total	$	1,000,129	$	489	$	344	$	38	$	871	$	8,704	$	1,009,704

Internal Credit Rating For The Loan Portfolio

The following table reports the risk rating for those loans in the portfolio that are assigned an individual risk rating. Consumer purpose loans are assigned a rating of either pass or substandard based on the performance status of the loans. Substandard consumer loans are comprised of loans 90 days or more past due and still accruing, and nonaccrual loans. Commercial purpose loans may be assigned any rating in accordance with the Bank’s internal risk rating system.

	Pass		OAEM		Substandard		Doubtful
(Dollars in thousands)	(1-5)		(6)		(7)		(8)		Total
March 31, 2021
Residential Real Estate 1-4 Family
First liens	$	131,968	$	—	$	41	$	—	$	132,009
Junior liens and lines of credit		65,942		—		9		—		65,951
Total		197,910		—		50		—		197,960
Residential real estate - construction		18,107		—		511		—		18,618
Commercial real estate		438,443		36,607		18,494		—		493,544
Commercial		273,579		9,841		285		—		283,705
Consumer		7,105		—		1		—		7,106
Total	$	935,144	$	46,448	$	19,341	$	—	$	1,000,933

December 31, 2020
Residential Real Estate 1-4 Family
First liens	$	137,156	$	—	$	68	$	—	$	137,224
Junior liens and lines of credit		65,350		—		10		—		65,360
Total		202,506		—		78		—		202,584
Residential real estate - construction		15,797		—		512		—		16,309
Commercial real estate		449,478		35,947		18,552		—		503,977
Commercial		270,272		10,698		287		—		281,257
Consumer		5,565		—		12		—		5,577
Total	$	943,618	$	46,645	$	19,441	$	—	$	1,009,704

Troubled Debt Restructuring Loans

The following table presents information on the Bank’s Troubled Debt Restructuring (TDR) loans as of:

								Troubled Debt Restructurings
								Within the Last 12 Months
								That Have Defaulted
(Dollars in thousands)	Troubled Debt Restructurings							On Modified Terms
	Number of	Recorded						Number of	Recorded
	Contracts	Investment		Performing*		Nonperforming*		Contracts	Investment
March 31, 2021
Residential real estate - construction	1	$	433	$	433	$	—	—	$	—
Residential real estate	4		631		631		—	—		—
Commercial real estate - owner occupied	4		1,213		1,213		—	—		—
Commercial real estate - farm land	6		2,224		1,542		682	—		—
Commercial real estate - construction and land development	2		6,038		6,038		—	—		—
Commercial real estate	2		322		117		205	—		—
Total	19	$	10,861	$	9,974	$	887	—	$	—
December 31, 2020
Residential real estate - construction	1	$	434	$	434	$	—	—	$	—
Residential real estate	4		637		637		—	—		—
Commercial real estate - owner occupied	4		1,224		1,224		—	—		—
Commercial real estate - farm land	6		2,257		2,257		—	—		—
Commercial real estate - construction and land development	2		6,129		6,129		—	—		—
Commercial real estate	2		330		122		208	—		—
Total	19	$	11,011	$	10,803	$	208	—	$	—

*The performing status is determined by the loan’s compliance with the modified terms.

‎

There were no new TDR loans during the first quarter of 2021.

The following table reports new TDR loans during 2020, concession granted and the recorded investment as of March 31, 2021:

	New During Period
Twelve Months Ended	Number of		Pre-TDR		After-TDR		Recorded
December 31, 2020	Contracts		Modification		Modification		Investment	Concession
Commercial real estate - farm land	1	$	650	$	650	$	682	multiple
Commercial real estate - owner occupied	2		426		426		425	maturity
	3	$	1,076	$	1,076	$	1,107