Loan Quality And Allowance For Credit Losses (Tables)

3 Months Ended

Mar. 31, 2024

Loan Quality And Allowance For Credit Losses [Abstract]

Schedule of loans by Year of origination and Internally Assigned Risk Ratings

(Dollars in thousands)													Revolving		Revolving
	Term Loans												Loans		Loans
	Amortized Cost Basis by Origination Year												Amortized		Converted
As of March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		to Term		Total
Residential real estate 1-4 family:
Commercial:
Risk rating:
Pass (1-5)	$	2,305	$	9,845	$	8,813	$	10,904	$	9,427	$	24,002	$	2,342	$	—	$	67,638
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		—		—		—		—		—		—		—		—
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total Commercial		2,305		9,845		8,813		10,904		9,427		24,002		2,342		—		67,638
Consumer:
Performing		6,362		51,787		33,432		15,262		9,846		32,007		43,723		21,146		213,565
Nonperforming		—		—		—		—		—		—		—		—		—
Total Consumer		6,362		51,787		33,432		15,262		9,846		32,007		43,723		21,146		213,565
Total	$	8,667	$	61,632	$	42,245	$	26,166	$	19,273	$	56,009	$	46,065	$	21,146	$	281,203
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential real estate construction:
Commercial:
Risk rating:
Pass (1-5)	$	252	$	8,301	$	2,356	$	949	$	196	$	539	$	—	$	—	$	12,593
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		—		—		—		—		—		—		—		—
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total Commercial		252		8,301		2,356		949		196		539		—		—		12,593
Consumer:
Performing		688		15,605		—		—		—		—		—		—		16,293
Nonperforming		—		—		—		—		—		—		—		—		—
Total Consumer		688		15,605		—		—		—		—		—		—		16,293
Total	$	940	$	23,906	$	2,356	$	949	$	196	$	539	$	—	$	—	$	28,886
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate:
Risk rating:
Pass (1-5)	$	17,044	$	193,141	$	110,031	$	98,514	$	33,814	$	239,161	$	12,727	$	—	$	704,432
OAEM (6)		—		2,941		1,341		1,000		6,762		2,157		124		—		14,325
Substandard (7)		—		—		—		—		—		2,513		50		—		2,563
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total	$	17,044	$	196,082	$	111,372	$	99,514	$	40,576	$	243,831	$	12,901	$	—	$	721,320
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	(2)	$	—	$	—	$	(2)
Commercial:
Risk rating:
Pass (1-5)	$	2,214	$	33,580	$	32,580	$	44,547	$	21,959	$	66,286	$	37,933	$	—	$	239,099
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		—		307		—		1		—		196		—		504
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total	$	2,214	$	33,580	$	32,887	$	44,547	$	21,960	$	66,286	$	38,129	$	—	$	239,603
Current period gross charge-offs	$	(4)	$	—	$	—	$	—	$	—	$	—	$	(62)	$	—	$	(66)
Consumer:
Performing		648		1,544		588		1,911		113		64		1,710		—		6,578
Nonperforming		—		—		—		—		—		—		5		—		5
Total	$	648	$	1,544	$	588	$	1,911	$	113	$	64	$	1,715	$	—	$	6,583
Current period gross charge-offs	$	(12)	$	—	$	(2)	$	—	$	(6)	$	(1)	$	(7)	$	—	$	(28)

‎

(Dollars in thousands)													Revolving		Revolving
	Term Loans												Loans		Loans
	Amortized Cost Basis by Origination Year												Amortized		Converted
As of December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		to Term		Total
Residential real estate 1-4 family:
Commercial:
Risk rating:
Pass (1-5)	$	9,867	$	9,088	$	11,038	$	9,691	$	2,433	$	22,906	$	2,057	$	—	$	67,080
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		—		—		—		—		—		—		—		—
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total Commercial		9,867		9,088		11,038		9,691		2,433		22,906		2,057		—		67,080
Consumer:
Performing		53,128		34,136		15,625		10,245		5,222		28,423		43,968		20,022		210,769
Nonperforming		—		—		—		—		—		—		—		—		—
Total Consumer		53,128		34,136		15,625		10,245		5,222		28,423		43,968		20,022		210,769
Total	$	62,995	$	43,224	$	26,663	$	19,936	$	7,655	$	51,329	$	46,025	$	20,022	$	277,849
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential real estate construction:
Commercial:
Risk rating:
Pass (1-5)	$	6,845	$	2,209	$	1,289	$	214	$	—	$	1,506	$	—	$	—	$	12,063
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		—		—		—		—		—		—		—		—
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total Commercial		6,845		2,209		1,289		214		—		1,506		—		—		12,063
Consumer:
Performing		13,837		—		—		—		—		—		—		—		13,837
Nonperforming		—		—		—		—		—		—		—		—		—
Total Consumer		13,837		—		—		—		—		—		—		—		13,837
Total	$	20,682	$	2,209	$	1,289	$	214	$	—	$	1,506	$	—	$	—	$	25,900
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate:
Risk rating:
Pass (1-5)	$	180,052	$	110,886	$	98,540	$	34,307	$	38,603	$	214,179	$	10,567	$	—	$	687,134
OAEM (6)		2,955		1,350		1,000		6,823		—		2,182		139		—		14,449
Substandard (7)		—		—		—		—		—		2,134		50		—		2,184
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total	$	183,007	$	112,236	$	99,540	$	41,130	$	38,603	$	218,495	$	10,756	$	—	$	703,767
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial:
Risk rating:
Pass (1-5)	$	34,851	$	33,983	$	45,754	$	22,847	$	3,579	$	64,542	$	36,508	$	—	$	242,064
OAEM (6)		—		—		—		—		—		—		—		—		—
Substandard (7)		—		317		—		—		—		—		273		—		590
Doubtful (8)		—		—		—		—		—		—		—		—		—
Total	$	34,851	$	34,300	$	45,754	$	22,847	$	3,579	$	64,542	$	36,781	$	—	$	242,654
Current period gross charge-offs	$	(125)	$	—	$	(130)	$	—	$	—	$	—	$	(50)	$	—	$	(305)
Consumer:
Performing		1,863		669		1,985		148		80		5		2,060		—		6,810
Nonperforming		—		—		—		—		—		—		5		—		5
Total	$	1,863	$	669	$	1,985	$	148	$	80	$	5	$	2,065	$	—	$	6,815
Current period gross charge-offs	$	(63)	$	—	$	(10)	$	(2)	$	(6)	$	—	$	(36)	$	—	$	(117)

Aging Of Payments Of The Loan Portfolio

(Dollars in thousands)	Loans Past Due
							Total				Total
	30-59 Days		60-89 Days		90 Days+		Past Due		Current		Loans
March 31, 2024
Residential Real Estate 1-4 Family
First liens	$	410	$	7	$	—	$	417	$	208,577	$	208,994
Junior liens and lines of credit		514		30		—		544		71,665		72,209
Total		924		37		—		961		280,242		281,203
Residential real estate - construction		—		—		—		—		28,886		28,886
Commercial real estate		922		82		407		1,411		719,909		721,320
Commercial		162		375		83		620		238,983		239,603
Consumer		14		11		5		30		6,553		6,583
Total	$	2,022	$	505	$	495	$	3,022	$	1,274,573	$	1,277,595

							Total				Total
	30-59 Days		60-89 Days		90 Days+		Past Due		Current		Loans
December 31, 2023
Residential Real Estate 1-4 Family
First liens	$	62	$	394	$	—	$	456	$	204,832	$	205,288
Junior liens and lines of credit		239		228		—		467		72,094		72,561
Total		301		622		—		923		276,926		277,849
Residential real estate - construction		—		—		—		—		25,900		25,900
Commercial real estate		3,232		—		—		3,232		700,535		703,767
Commercial		542		112		147		801		241,853		242,654
Consumer		21		12		5		38		6,777		6,815
Total	$	4,096	$	746	$	152	$	4,994	$	1,251,991	$	1,256,985

Allowance for Credit Losses (ACL), By Loan Segment

	Residential Real Estate 1-4 Family
	First		Junior Liens &				Commercial
(Dollars in thousands)	Liens		Lines of Credit		Construction		Real Estate		Commercial		Consumer		Unallocated		Total
ACL at December 31, 2023	$	1,296	$	419	$	296	$	10,657	$	3,290	$	94	$	—	$	16,052
Charge-offs		—		—		—		(2)		(66)		(28)		—		(96)
Recoveries		—		—		4		—		60		23		—		87
Provision		12		(4)		37		402		40		3		—		490
ACL at March 31, 2024	$	1,308	$	415	$	337	$	11,057	$	3,324	$	92	$	—	$	16,533
ACL at June 30, 2023	$	465	$	245	$	289	$	8,096	$	5,076	$	119	$	725	$	15,015
ACL at December 31, 2022	$	459	$	234	$	343	$	7,493	$	4,846	$	133	$	667	$	14,175
Impact of adopting ASU 2016-13		1,096		493		(95)		584		(1,907)		(40)		(667)		(536)
Charge-offs		—		—		—		—		(86)		(34)		—		(120)
Recoveries		2		—		39		—		67		15		—		123
Provision		67		(37)		(97)		159		355		20		—		467
ACL at March 31, 2023	$	1,624	$	690	$	190	$	8,236	$	3,275	$	94	$	—	$	14,109