4. Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2018

Allowance For Loan Losses Tables Abstract

Summary loan loss allowance transactions

September 30, 2018	Beginning Balance		Charge-offs		Recoveries		Provision			Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Allowance for loan losses:
Construction/Land Development	$	2,547	$	47	$	122	$	86		$	2,708	$	2,182	$	526
Farmland		25		-		-		(3	)		22		-		22
Real Estate		719		57		12		(291	)		383		7		376
Multi-Family		19		-		-		(4	)		15		-		15
Commercial Real Estate		482		46		1		1,328			1,765		1,539		226
Home Equity – closed end		66		3		4		(20	)		47		-		47
Home Equity – open end		209		-		3		(53	)		159		-		159
Commercial & Industrial – Non-Real Estate		337		544		88		365			246		-		246
Consumer		148		28		28		(68	)		80		2		78
Dealer Finance		1,440		1,448		673		1,148			1,813		15		1,798
Credit Cards		52		43		34		(8	)		35		-		35
Total	$	6,044	$	2,216	$	965	$	2,480		$	7,273	$	3,745	$	3,528

December 31, 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	$	620	$	-	$	(214	)	$	2,547	$	1,661	$	886
Farmland		34		-		-		(9	)		25		-		25
Real Estate		843		-		2		(126	)		719		209		510
Multi-Family		23		-		-		(6	)		19		-		19
Commercial Real Estate		705		-		13		(236	)		482		-		482
Home Equity – closed end		75		7		25		(27	)		66		-		66
Home Equity – open end		470		26		53		(288	)		209		-		209
Commercial & Industrial – Non-Real Estate		586		179		72		(142	)		337		-		337
Consumer		78		136		28		178			148		-		148
Dealer Finance		1,289		1,806		1,143		814			1,440		12		1,428
Credit Cards		59		98		37		54			52		-		52
Total	$	7,543	$	2,872	$	1,373	$	-		$	6,044	$	1,882	$	4,162

Schedule of recorded investment in loan receivables

September 30, 2018	Loan Receivable		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Construction/Land Development	$	68,806	$	9,798	$	59,008
Farmland		16,735		1,941		14,794
Real Estate		188,460		1,792		186,668
Multi-Family		9,823		-		9,823
Commercial Real Estate		155,651		7,295		148,356
Home Equity – closed end		10,765		-		10,765
Home Equity –open end		55,136		-		55,136
Commercial & Industrial – Non-Real Estate		35,715		-		35,715
Consumer		10,660		9		10,651
Dealer Finance		92,084		250		91,834
Credit Cards		2,949		-		2,949
	$	646,784	$	21,085	$	625,699
Total

December 31, 2017	Loan Receivable		Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Construction/Land Development	$	71,620	$	9,350	$	62,270
Farmland		13,606		1,984		11,622
Real Estate		184,546		2,461		182,085
Multi-Family		10,298		-		10,298
Commercial Real Estate		148,906		6,229		142,677
Home Equity – closed end		11,606		-		11,606
Home Equity –open end		54,739		-		54,739
Commercial & Industrial – Non-Real Estate		36,912		-		36,912
Consumer		6,633		8		6,625
Dealer Finance		75,169		78		75,091
Credit Cards		2,939		-		2,939
	$	616,974	$	20,110	$	596,864
Total

Schedule of loan portfolio by internal loan grade

September 30, 2018	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	$	-	$	1,625	$	17,494	$	33,461	$	7,071	$	270	$	8,885	$	-	$	68,806
Farmland		62		-		4,469		5,800		3,970		493		1,941		-		16,735
Real Estate		-		1,617		53,949		104,600		22,070		1,154		5,070		-		188,460
Multi-Family		-		-		3,007		6,645		171		-		-		-		9,823
Commercial Real Estate		-		2,388		46,030		86,775		11,301		2,962		6,195		-		155,651
Home Equity – closed end		-		-		3,337		5,490		1,924		-		14		-		10,765
Home Equity – open end		115		1,713		20,073		29,050		3,559		56		570		-		55,136
Commercial & Industrial (Non-Real Estate)		223		1,971		17,609		12,725		2,664		349		174		-		35,715
Consumer (excluding dealer)		34		178		2,893	$	5,597		1,893		65		-		-		10,660
Total	$	434	$	9,492	$	168,861	$	290,143	$	54,623	$	5,349	$	22,849	$	-	$	551,751

	Credit Cards		Dealer Finance
Performing	$	2,937	$	91,795
Non-performing		12		289
Total	$	2,949	$	92,084

December 31, 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	$	-	$	690	$	12,974	$	30,197	$	9,165	$	3,520	$	15,074	$	-	$	71,620
Farmland		63				3,153		4,120		3,793		494		1,983		-		13,606
Real Estate		-		1,512		53,764		101,606		19,734		4,660		3,270		-		184,546
Multi-Family		-		228		4,780		5,111		179		-		-		-		10,298
Commercial Real Estate		-		3,525		45,384		89,195		9,012		634		1,156		-		148,906
Home Equity – closed end		-		-		3,535		5,410		1,279		1,379		3		-		11,606
Home Equity – open end		235		1,598		17,383		30,888		3,945		176		514		-		54,739
Commercial & Industrial (Non-Real Estate)		262		1,595		13,297		19,442		1,480		207		629		-		36,912
Consumer (excluding dealer)		34		490		2,226		88		1,065		2,254		476		-		6,633
Total	$	594	$	9,638	$	156,496	$	286,057	$	49,652	$	13,324	$	23,105	$	-	$	538,866

	Credit Cards		Dealer Finance
Performing	$	2,938	$	75,116
Non-performing		1		53
Total	$	2,939	$	75,169