3. Loans (Tables)

6 Months Ended

Jun. 30, 2017

Loans Tables

Schedule of Loans Outstanding

(dollars in thousands)	2017		2016
Construction/Land Development	$	73,184	$	76,172
Farmland		15,024		12,901
Real Estate		174,179		172,758
Multi-Family		8,607		7,605
Commercial Real Estate		149,635		150,061
Home Equity – closed end		11,392		11,453
Home Equity – open end		54,345		54,420
Commercial & Industrial – Non-Real Estate		35,708		31,306
Consumer		7,387		6,643
Dealer Finance		71,221		65,495
Credit Cards		2,753		2,822
Total	$	603,435	$	591,636

Schedule Impaired Loans

	June 30, 2017						December 31, 2016
			Unpaid						Unpaid
	Recorded		Principal		Related		Recorded		Principal		Related
	Investment		Balance		Allowance		Investment		Balance		Allowance
Impaired loans without a valuation allowance:
Construction/Land Development	$	5,331	$	5,688	$	-	$	3,296	$	3,652	$	-
Farmland		1,858		1,858		-		-		-		-
Real Estate		747		747		-		768		768		-
Multi-Family		-		-		-		-		-		-
Commercial Real Estate		100		100		-		1,958		1,958		-
Home Equity – closed end		-		-		-		-		-		-
Home Equity – open end		-		346		-		-		347		-
Commercial & Industrial – Non-Real Estate		165		165		-		170		170		-
Consumer		11		11		-		13		13		-
Credit cards		-		-		-		-		-		-
Dealer Finance		21		21		-		-		-		-
		8,233		8,936				6,205		6,908
Impaired loans with a valuation allowance
Construction/Land Development		5,662		5,662		1,981		6,592		6,592		1,853
Farmland		-		-		-		-		-		-
Real Estate		1,196		1,196		218		1,206		1,206		221
Multi-Family		-		-		-		-		-		-
Commercial Real Estate		-		-		-		952		952		60
Home Equity – closed end		-		-		-		-		-		-
Home Equity – open end		-		-		-		-		-		-
Commercial & Industrial – Non-Real Estate		-		-		-		-		-		-
Consumer		-		-		-		-		-		-
Credit cards		-		-		-		-		-		-
Dealer Finance		69		69		18		87		87		20
		6,927		6,927		2,217		8,837		8,837		2,154
Total impaired loans	$	15,160	$	15,863	$	2,217	$	15,042	$	15,745	$	2,154

	Three Months Ended June 30,									Six Months Ended June 30,
	2017				2016					2017				2016
	Average Recorded		Interest Income		Average Recorded		Interest Income			Average Recorded		Interest Income		Average Recorded		Interest Income
	Investment		Recognized		Investment		Recognized			Investment		Recognized		Investment		Recognized
Impaired loans without a valuation allowance:
Construction/Land Development	$	4,734	$	47	$	1,164	$	(7	)	$	4,374	$	50	$	1,295	$	17
Farmland		1,858		-		-		-			1,239		-		-		-
Real Estate		750		14		784		9			756		17		939		20
Multi-Family		-		-		-		-			-		-		-		-
Commercial Real Estate		100		2		203		-			719		3		153		2
Home Equity – closed end		-		-		-		-			-		-		-		-
Home Equity – open end		347		6		1,582		-			347		-		1,370		35
Commercial & Industrial – Non-Real Estate		166		-		177		3			167		6		178		6
Consumer and credit cards		11		-		9		-			12		-		9		-
Dealer Finance		20		1		16		1			13		1		15		2
		7,986		70		3,935		6			7,627		77		3,959		82
Impaired loans with a valuation allowance:
Construction/Land Development		6,512		97		10,337		47		$	6,539	$	140	$	10,778	$	100
Farmland		-		-		-		-			-		-		-		-
Real Estate		1,199		31		1,221		10			1,201		31		771		26
Multi-Family		-		-		-		-			-		-		-		-
Commercial Real Estate		-		-		965		14			317		-		926		28
Home Equity – closed end		-		-		-		-			-		-		-		-
Home Equity – open end		-		-		1,407		9			-		-		1,411		19
Commercial & Industrial – Non-Real Estate		-		-		27		1			-		-		13		1
Consumer and credit card		-		-		-		-			-		-		-		-
Dealer Finance		65		-		82		1			72		1		77		3
		7,776		128		14,039		82			8,129		172		13,976		177
Total Impaired Loans	$	15,762	$	198	$	17,974	$	88		$	15,756	$	249	$	17,935	$	259

Schedule of Recorded Investment

	30-59 Days Past due		60-89 Days Past Due		Greater than 90 Days (excluding non-accrual)		Non-Accrual Loans		Total Past Due		Current		Total Loan Receivable
June 30, 2017
Construction/Land Development	$	632	$	88	$	-	$	3,162	$	3,882	$	69,302	$	73,184
Farmland		1,912		-		-		-		1,912		13,112		15,024
Real Estate		2,159		621		159		1,386		4,325		169,854		174,179
Multi-Family		-		-		-		-		-		8,607		8,607
Commercial Real Estate		2,609		135		-		350		3,094		146,541		149,635
Home Equity – closed end		-		-		-		-		-		11,392		11,392
Home Equity – open end		105		25		-		382		512		53,833		54,345
Commercial & Industrial – Non- Real Estate		31		18		-		-		49		35,659		35,708
Consumer		50		12		-		-		62		7,325		7,387
Dealer Finance		485		187				237		909		70,312		71,221
Credit Cards		46		5		1		-		52		2,701		2,753
Total	$	8,029	$	1,091	$	160	$	5,517	$	14,797	$	588,638	$	603,435

	30-59 Days Past due		60-89 Days Past Due		Greater than 90 Days (excluding non-accrual)		Non-Accrual Loans		Total Past Due		Current		Total Loan Receivable
December 31, 2016
Construction/Land Development	$	73	$	101	$	-	$	2,805	$	2,979	$	73,193	$	76,172
Farmland		-		-		-		-		-		12,901		12,901
Real Estate		2,114		340		81		1,399		3,934		168,824		172,758
Multi-Family		-		-		-		-		-		7,605		7,605
Commercial Real Estate		139		-		-		-		139		149,922		150,061
Home Equity – closed end		101		-		-		32		133		11,320		11,453
Home Equity – open end		309		-		-		279		588		53,832		54,420
Commercial & Industrial – Non- Real Estate		313		5		-		70		388		30,918		31,306
Consumer		35		4		-		-		39		6,604		6,643
Dealer Finance		790		187		26		178		1,181		64,314		65,495
Credit Cards		18		4		-		-		22		2,800		2,822
Total	$	3,892	$	641	$	107	$	4,763	$	9,403	$	582,233	$	591,636