4. Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2017

Allowance For Loan Losses Tables

Summary Loan Loss Allowance Transactions

June 30, 2017	Beginning Balance		Charge-offs		Recoveries		Provision			Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Allowance for loan losses:
Construction/Land Development	$	3,381	$	-	$	-	$	(134	)	$	3,247	$	1,981	$	1,266
Farmland		34		-		-		(7	)		27		-		27
Real Estate		843		-		2		(73	)		772		218		554
Multi-Family		23		-		-		(7	)		16		-		16
Commercial Real Estate		705		-		8		(72	)		641		-		641
Home Equity – closed end		75		6		-		4			73		-		73
Home Equity – open end		470		1		-		(92	)		377		-		377
Commercial & Industrial – Non-Real Estate		586		31		54		(201	)		408		-		408
Consumer		78		23		5		46			106		-		106
Dealer Finance		1,289		941		618		525			1,491		18		1,473
Credit Cards		59		28		16		11			58		-		58
Total	$	7,543	$	1,030	$	703	$	-		$	7,216	$	2,217	$	4,999

December 31, 2016	Beginning Balance		Charge-offs		Recoveries		Provision			Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Allowance for loan losses:
Construction/Land Development	$	4,442	$	356	$	7	$	(712	)	$	3,381	$	1,853	$	1,528
Farmland		95		-		-		(61	)		34		-		34
Real Estate		806		23		4		56			843		221		622
Multi-Family		71		-		-		(48	)		23		-		23
Commercial Real Estate		445		19		135		144			705		-		705
Home Equity – closed end		174		8		-		(91	)		75		-		75
Home Equity – open end		634		370		120		86			470		60		410
Commercial & Industrial – Non-Real Estate		1,055		293		267		(443	)		586		-		586
Consumer		108		37		19		(12	)		78		-		78
Dealer Finance		836		1,081		417		1,117			1,289		20		1,269
Credit Cards		115		74		54		(36	)		59		-		59
Total	$	8,781	$	2,261	$	1,023	$	-		$	7,543	$	2,154	$	5,389

Schedule of Recorded Investment in Loan Receivables

June 30, 2017	Loan Receivable		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Construction/Land Development	$	73,184	$	10,993	$	62,191
Farmland		15,024		1,858		13,166
Real Estate		174,179		1,943		172,236
Multi-Family		8,607		-		8,607
Commercial Real Estate		149,635		100		149,535
Home Equity – closed end		11,392		-		11,392
Home Equity –open end		54,345		-		54,345
Commercial & Industrial – Non-Real Estate		35,708		165		35,543
Consumer		7,387		11		7,376
Dealer Finance		71,221		90		71,131
Credit Cards		2,753		-		2,753
	$	603,435	$	15,160	$	588,275
Total

December 31, 2016	Loan Receivable		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Construction/Land Development	$	76,172	$	9,888	$	66,284
Farmland		12,901		-		12,901
Real Estate		172,758		1,974		170,784
Multi-Family		7,605		-		7,605
Commercial Real Estate		150,061		2,910		147,151
Home Equity – closed end		11,453		-		11,453
Home Equity –open end		54,420		-		54,420
Commercial & Industrial – Non-Real Estate		31,306		170		31,136
Consumer		6,643		13		6,630
Dealer Finance		65,495		87		65,408
Credit Cards		2,822		-		2,822
	$	591,636	$	15,042	$	576,594
Total

Schedule of Loan Portfolio by internal loan grade

June 30, 2017	Grade 1 Minimal Risk		Grade 2 Modest Risk		Grade 3 Average Risk		Grade 4 Acceptable Risk		Grade 5 Marginally Acceptable		Grade 6 Watch		Grade 7 Substandard		Grade 8 Doubtful		Total
Construction/Land Development	$	-	$	602	$	13,683	$	34,210	$	9,709	$	5,588	$	9,392	$	-	$	73,184
Farmland		64		333		3,146		4,336		3,440		1,847		1,858		-		15,024
Real Estate		-		1,104		53,276		91,305		20,840		5,162		2,492		-		174,179
Multi-Family		-		270		4,935		3,221		181		-		-		-		8,607
Commercial Real Estate		-		2,771		38,935		95,832		10,241		1,265		591		-		149,635
Home Equity – closed end		-		283		3,883		4,335		1,457		1,428		6		-		11,392
Home Equity – open end		84		1,962		16,294		31,336		4,046		173		450		-		54,345
Commercial & Industrial (Non-Real Estate)		293		840		13,218		19,125		1,485		735		12		-		35,708
Consumer (excluding dealer)		55		315		2,497		795		1,235		2,031		459		-		7,387
Total	$	496	$	8,480	$	149,867	$	284,495	$	52,634	$	18,229	$	15,260	$	-	$	529,461

	Credit Cards		Dealer Finance
Performing	$	2,752	$	70,984
Non performing		1		237
Total	$	2,753	$	71,221

December 31, 2016	Grade 1 Minimal Risk		Grade 2 Modest Risk		Grade 3 Average Risk		Grade 4 Acceptable Risk		Grade 5 Marginally Acceptable		Grade 6 Watch		Grade 7 Substandard		Grade 8 Doubtful		Total
Construction/Land Development	$	-	$	1,478	$	10,870	$	43,863	$	8,399	$	2,473	$	9,089	$	-	$	76,172
Farmland		65		-		3,073		3,456		4,446		1,861		-		-		12,901
Real Estate		-		1,149		62,168		74,242		28,266		4,680		2,253		-		172,758
Multi-Family		-		311		3,009		4,099		186		-		-		-		7,605
Commercial Real Estate		-		2,793		32,986		91,157		19,181		1,840		2,104		-		150,061
Home Equity – closed end		-		150		3,966		4,139		1,746		1,414		38		-		11,453
Home Equity – open end		124		1,724		16,415		30,974		4,547		125		511		-		54,420
Commercial & Industrial (Non-Real Estate)		1,375		1,267		6,827		19,530		2,198		39		70		-		31,306
Consumer (excluding dealer)		67		174		1,837		607		1,242		2,252		466		-		6,643
Total	$	1,631	$	9,046	$	141,151	$	272,065	$	70,211	$	14,684	$	14,531	$	-	$	523,319

	Credit Cards		Dealer Finance
Performing	$	2,822	$	65,291
Non performing		-		204
Total	$	2,822	$	65,495