3. Loans (Tables)

9 Months Ended

Sep. 30, 2017

Loans Tables

Schedule of Loans Outstanding

(dollars in thousands)	2017		2016
Construction/Land Development	$	74,313	$	76,172
Farmland		15,578		12,901
Real Estate		177,786		172,758
Multi-Family		8,504		7,605
Commercial Real Estate		155,510		150,061
Home Equity – closed end		11,189		11,453
Home Equity – open end		55,461		54,420
Commercial & Industrial – Non-Real Estate		38,050		31,306
Consumer		7,328		6,643
Dealer Finance		73,567		65,495
Credit Cards		2,674		2,822
Total	$	619,960	$	591,636

Schedule Impaired Loans

	September 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	$	4,784	$	5,140	$	-	$	3,296	$	3,652	$	-
Farmland		1,983		1,983		-		-		-		-
Real Estate		740		740		-		768		768		-
Multi-Family		-		-		-		-		-		-
Commercial Real Estate		300		300		-		1,958		1,958		-
Home Equity – closed end		-		-		-		-		-		-
Home Equity – open end		-		347		-		-		347		-
Commercial & Industrial – Non-Real Estate		162		162		-		170		170		-
Consumer		9		9		-		13		13		-
Credit cards		-		-		-		-		-		-
Dealer Finance		25		25		-		-		-		-
		8,003		8,706				6,205		6,908
Impaired loans with a valuation allowance
Construction/Land Development		5,619		5,619		2,054		6,592		6,592		1,853
Farmland		-		-		-		-		-		-
Real Estate		1,192		1,192		214		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		48		48		12		87		87		20
		6,859		6,859		2,280		8,837		8,837		2,154
Total impaired loans	$	14,862	$	15,565	$	2,280	$	15,042	$	15,745	$	2,154

	Three Months Ended September 30,									Nine Months Ended September 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	$	5,414	$	14	$	2,649	$	15		$	4,870	$	64	$	2,009	$	32
Farmland		1,921		-		-		-			1,900		-		-		-
Real Estate		743		8		778		8			746		25		860		28
Multi-Family		-		-		-		-			-		-		-		-
Commercial Real Estate		200		9		993		77			167		12		674		79
Home Equity – closed end		-		-		-		-			-		-		-		-
Home Equity – open end		347		-		964		(35	)		347		-		1,167		8
Commercial & Industrial – Non-Real Estate		164		2		174		2			165		8		177		2
Consumer and credit cards		10		-		7		2			10		-		12		-
Dealer Finance		23		1		24		(1	)		22		2		15		1
		8,822		34		5,589		68			8,227		111		4,914		150
Impaired loans with a valuation allowance:
Construction/Land Development	$	5,640	$	75	$	8,429	$	112		$	6,215	$	215	$	9,761	$	212
Farmland		-		-		-		-			-		-		-		-
Real Estate		1,194		10		1,214		14			1,196		41		994		40
Multi-Family		-		-		-		-			-		-		-		-
Commercial Real Estate		-		-		958		14			-		-		944		42
Home Equity – closed end		-		-		-		-			-		-		-		-
Home Equity – open end		-		-		1,234		(5	)		-		-		1,322		14
Commercial & Industrial – Non-Real Estate		-		-		14		(1	)		-		-		14		-
Consumer and credit card		-		-		-		-			-		-		-		-
Dealer Finance		59		1		72		-			59		2		72		3
		6,893		86		11,921		134			7,470		258		13,107		311
Total Impaired Loans	$	15,715	$	120	$	17,510	$	202		$	15,697	$	369	$	18,021	$	461

Schedule of Recorded Investment

	30-59 Days Past due		60-89 Days Past Due		Greater than 90 Days		Total Past Due		Current		Total Loan Receivable		Non-Accrual Loans		Recorded Investment >90 days & accruing
September 30, 2017
Construction/Land Development	$	62	$	1,692	$	2,372	$	4,126	$	70,187	$	74,313	$	2,788	$	-
Farmland		-		1,984		-		1,984		13,594		15,578		-		-
Real Estate		2,250		1,202		536		3,988		173,798		177,786		1,714		-
Multi-Family		-		-		-		-		8,504		8,504		-		-
Commercial Real Estate		840		287		-		1,127		154,383		155,510		-		-
Home Equity – closed end		273		5		-		278		10,911		11,189		-		-
Home Equity – open end		488		100		173		761		54,700		55,461		436		-
Commercial & Industrial – Non- Real Estate		264		110		481		855		37,195		38,050		481		-
Consumer		13		23		5		41		7,287		7,328		5		-
Dealer Finance		1,052		287		148		1,487		72,080		73,567		238		-
Credit Cards		16		16		-		32		2,642		2,674		-		-
Total	$	5,258	$	5,706	$	3,715	$	14,679	$	605,281	$	619,960	$	5,662	$	-

	30-59 Days Past due		60-89 Days Past Due		Greater than 90 Days)		Total Past Due		Current		Total Loan Receivable		Non-Accrual Loans		Recorded Investment >90 days & accruing
December 31, 2016
Construction/Land Development	$	73	$	101	$	2,175	$	2,349	$	73,823	$	76,172	$	2,805	$	-
Farmland		-		-		-		-		12,901		12,901		-		-
Real Estate		2,135		746		774		3,655		169,103		172,758		1,399		81
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		32		-
Home Equity – open end		484		-		69		553		53,867		54,420		279		-
Commercial & Industrial – Non- Real Estate		313		5		-		318		30,988		31,306		70		-
Consumer		35		4		6		45		6,598		6,643		-		-
Dealer Finance		797		187		183		1,167		64,328		65,495		178		26
Credit Cards		18		4		-		22		2,800		2,822		-		-
Total	$	4,095	$	1,047	$	3,239	$	8,381	$	583,255	$	591,636	$	4,763	$	107