XML 37 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Allowance for Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2020
Allowance for Loan Losses  
Summary loan loss allowance transactions

September 30, 2020

 

Beginning Balance

 

 

Charge-offs

 

 

Recoveries

 

 

Provision

 

 

Ending Balance

 

 

Individually Evaluated for Impairment

 

 

Collectively Evaluated for Impairment

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

$1,190

 

 

$7

 

 

$-

 

 

$381

 

 

$1,564

 

 

$77

 

 

$1,487

 

Farmland

 

 

668

 

 

 

-

 

 

 

-

 

 

 

102

 

 

 

770

 

 

 

449

 

 

 

321

 

Real Estate

 

 

1,573

 

 

 

76

 

 

 

5

 

 

 

335

 

 

 

1,837

 

 

 

588

 

 

 

1,249

 

Multi-Family

 

 

20

 

 

 

-

 

 

 

-

 

 

 

34

 

 

 

54

 

 

 

-

 

 

 

54

 

Commercial Real Estate

 

 

1,815

 

 

 

-

 

 

 

11

 

 

 

1,699

 

 

 

3,525

 

 

 

1,017

 

 

 

2,508

 

Home Equity – closed end

 

 

42

 

 

 

-

 

 

 

-

 

 

 

14

 

 

 

56

 

 

 

-

 

 

 

56

 

Home Equity – open end

 

 

457

 

 

 

-

 

 

 

3

 

 

 

(6)

 

 

454

 

 

 

13

 

 

 

441

 

 Commercial & Industrial – Non-Real Estate

 

 

585

 

 

 

92

 

 

 

15

 

 

 

(149)

 

 

359

 

 

 

-

 

 

 

359

 

 Consumer

 

 

186

 

 

 

85

 

 

 

45

 

 

 

75

 

 

 

221

 

 

 

1

 

 

 

220

 

Dealer Finance

 

 

1,786

 

 

 

1,292

 

 

 

641

 

 

 

774

 

 

 

1,909

 

 

 

14

 

 

 

1,895

 

Credit Cards

 

 

68

 

 

 

83

 

 

 

51

 

 

 

41

 

 

 

77

 

 

 

-

 

 

 

77

 

Total

 

$8,390

 

 

$1,635

 

 

$771

 

 

$3,300

 

 

$10,826

 

 

$2,159

 

 

$8,667

 

 

December 31, 2019

 

Beginning Balance

 

 

Charge-offs

 

 

Recoveries

 

 

Provision

 

 

Ending Balance

 

 

Individually Evaluated for Impairment

 

 

Collectively Evaluated for Impairment

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

$2,094

 

 

$2,319

 

 

$50

 

 

$1,365

 

 

$1,190

 

 

$85

 

 

$1,105

 

Farmland

 

 

15

 

 

 

-

 

 

 

-

 

 

 

653

 

 

 

668

 

 

 

537

 

 

 

131

 

Real Estate

 

 

292

 

 

 

32

 

 

 

4

 

 

 

1,309

 

 

 

1,573

 

 

 

569

 

 

 

1,004

 

Multi-Family

 

 

10

 

 

 

-

 

 

 

-

 

 

 

10

 

 

 

20

 

 

 

-

 

 

 

20

 

Commercial Real Estate

 

 

416

 

 

 

677

 

 

 

16

 

 

 

2,060

 

 

 

1,815

 

 

 

213

 

 

 

1,602

 

Home Equity – closed end

 

 

13

 

 

 

1

 

 

 

2

 

 

 

28

 

 

 

42

 

 

 

-

 

 

 

42

 

Home Equity – open end

 

 

126

 

 

 

126

 

 

 

1

 

 

 

456

 

 

 

457

 

 

 

151

 

 

 

306

 

 Commercial & Industrial – Non-Real Estate

 

 

192

 

 

 

127

 

 

 

81

 

 

 

439

 

 

 

585

 

 

 

192

 

 

 

393

 

 Consumer

 

 

70

 

 

 

116

 

 

 

44

 

 

 

188

 

 

 

186

 

 

 

1

 

 

 

185

 

Dealer Finance

 

 

1,974

 

 

 

2,118

 

 

 

1,144

 

 

 

786

 

 

 

1,786

 

 

 

7

 

 

 

1,779

 

Credit Cards

 

 

38

 

 

 

110

 

 

 

29

 

 

 

111

 

 

 

68

 

 

 

-

 

 

 

68

 

Total

 

$5,240

 

 

$5,626

 

 

$1,371

 

 

$7,405

 

 

$8,390

 

 

$1,755

 

 

$6,635

 
Schedule of recorded investment in loans

 

 

 

 

Individually

 

 

Collectively

 

 

 

 

 

Evaluated for

 

 

Evaluated for

 

September 30, 2020

 

Loan Receivable

 

 

Impairment

 

 

Impairment

 

Construction/Land Development

 

$71,377

 

 

$1,925

 

 

$69,452

 

Farmland

 

 

47,454

 

 

 

1,751

 

 

 

45,703

 

Real Estate

 

 

166,591

 

 

 

14,209

 

 

 

152,382

 

Multi-Family

 

 

6,001

 

 

 

-

 

 

 

6,001

 

Commercial Real Estate

 

 

132,564

 

 

 

5,116

 

 

 

127,448

 

Home Equity – closed end

 

 

8,768

 

 

 

699

 

 

 

8,069

 

Home Equity – open end  

 

 

47,035

 

 

 

151

 

 

 

46,864

 

Commercial & Industrial – Non-Real Estate

 

 

89,874

 

 

 

11

 

 

 

89,863

 

Consumer

 

 

10,113

 

 

 

1

 

 

 

10,112

 

Dealer Finance

 

 

90,004

 

 

 

170

 

 

 

89,834

 

Credit Cards

 

 

2,744

 

 

 

-

 

 

 

2,744

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$672,525

 

 

$24,033

 

 

$648,492

 

 

December 31, 2019

 

Loan Receivable

 

 

Individually

Evaluated for Impairment

 

 

Collectively

Evaluated for Impairment

 

Construction/Land Development

 

$77,131

 

 

$3,078

 

 

$74,053

 

Farmland

 

 

29,718

 

 

 

1,933

 

 

 

27,785

 

Real Estate

 

 

178,267

 

 

 

15,535

 

 

 

162,732

 

Multi-Family

 

 

5,364

 

 

 

-

 

 

 

5,364

 

Commercial Real Estate

 

 

129,850

 

 

 

1,940

 

 

 

127,910

 

Home Equity – closed end

 

 

9,523

 

 

 

716

 

 

 

8,807

 

Home Equity – open end

 

 

47,774

 

 

 

151

 

 

 

47,623

 

Commercial & Industrial – Non-Real Estate

 

 

33,535

 

 

 

209

 

 

 

33,326

 

Consumer

 

 

10,165

 

 

 

4

 

 

 

10,161

 

Dealer Finance

 

 

78,976

 

 

 

215

 

 

 

78,761

 

Credit Cards

 

 

3,122

 

 

 

-

 

 

 

3,122

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$603,425

 

 

$23,781

 

 

$579,644

 
Schedule of loan portfolio

September 30, 2020

 

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

 

$-

 

 

$144

 

 

$8,922

 

 

$33,745

 

 

$18,642

 

 

$8,783

 

 

$1,141

 

 

$-

 

 

$71,377

 

Farmland

 

 

58

 

 

 

476

 

 

 

10,223

 

 

 

24,514

 

 

 

9,775

 

 

 

657

 

 

 

1,751

 

 

 

-

 

 

 

47,454

 

Real Estate

 

 

-

 

 

 

2,398

 

 

 

42,044

 

 

 

75,825

 

 

 

25,938

 

 

 

4,153

 

 

 

16,233

 

 

 

-

 

 

 

166,591

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

1,085

 

 

 

3,572

 

 

 

1,344

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

6,001

 

Commercial Real Estate

 

 

-

 

 

 

4,188

 

 

 

34,485

 

 

 

56,839

 

 

 

11,128

 

 

 

22,471

 

 

 

3,453

 

 

 

-

 

 

 

132,564

 

Home Equity – closed end

 

 

-

 

 

 

129

 

 

 

2,586

 

 

 

3,553

 

 

 

1,229

 

 

 

1,241

 

 

 

30

 

 

 

-

 

 

 

8,768

 

Home Equity – open end

 

 

-

 

 

 

1,626

 

 

 

19,126

 

 

 

21,331

 

 

 

3,487

 

 

 

823

 

 

 

642

 

 

 

-

 

 

 

47,035

 

Commercial & Industrial (Non-Real Estate)

 

 

102

 

 

 

1,498

 

 

 

7,586

 

 

 

13,868

 

 

 

65,640

 

 

 

1,156

 

 

 

24

 

 

 

-

 

 

 

89,874

 

Consumer (excluding dealer)

 

 

2

 

 

 

182

 

 

 

3,990

 

 

 

4,099

 

 

 

1,830

 

 

 

10

 

 

 

-

 

 

 

-

 

 

 

10,113

 

Total

 

$162

 

 

$10,641

 

 

$130,047

 

 

$237,346

 

 

$139,013

 

 

$39,294

 

 

$23,274

 

 

$-

 

 

$579,777

 

 

 

Credit Cards

 

 

Dealer Finance

 

Performing

 

$2,742

 

 

$89,920

 

Non-performing

 

 

2

 

 

 

84

 

Total

 

$2,744

 

 

$90,004

 

 December 31, 2019

 

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

 

$-

 

 

$615

 

 

$21,904

 

 

$41,693

 

 

$8,218

 

 

$2,434

 

 

$2,267

 

 

$-

 

 

$77,131

 

Farmland

 

 

60

 

 

 

363

 

 

 

9,479

 

 

 

13,754

 

 

 

2,942

 

 

 

1,188

 

 

 

1,932

 

 

 

-

 

 

 

29,718

 

Real Estate

 

 

-

 

 

 

1,900

 

 

 

48,308

 

 

 

81,371

 

 

 

23,876

 

 

 

5,635

 

 

 

17,177

 

 

 

-

 

 

 

178,267

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

1,327

 

 

 

3,711

 

 

 

153

 

 

 

173

 

 

 

-

 

 

 

-

 

 

 

5,364

 

Commercial Real Estate

 

 

-

 

 

 

2,465

 

 

 

40,227

 

 

 

67,626

 

 

 

14,139

 

 

 

4,397

 

 

 

996

 

 

 

-

 

 

 

129,850

 

Home Equity – closed end

 

 

-

 

 

 

189

 

 

 

2,999

 

 

 

3,816

 

 

 

1,154

 

 

 

1,365

 

 

 

-

 

 

 

-

 

 

 

9,523

 

Home Equity – open end

 

 

17

 

 

 

1,965

 

 

 

17,789

 

 

 

22,705

 

 

 

3,769

 

 

 

1,198

 

 

 

331

 

 

 

-

 

 

 

47,774

 

Commercial & Industrial (Non-Real Estate)

 

 

142

 

 

 

2,042

 

 

 

12,818

 

 

 

15,035

 

 

 

2,877

 

 

 

373

 

 

 

248

 

 

 

-

 

 

 

33,535

 

Consumer (excluding dealer)

 

 

6

 

 

 

170

 

 

 

3,476

 

 

 

4,726

 

 

 

1,729

 

 

 

56

 

 

 

2

 

 

 

-

 

 

 

10,165

 

Total

 

$225

 

 

$9,709

 

 

$158,327

 

 

$254,437

 

 

$58,857

 

 

$16,819

 

 

$22,953

 

 

$-

 

 

$521,327

 

 

 

 

Credit Cards

 

 

Dealer Finance

 

Performing

 

$3,118

 

 

$78,529

 

Non-performing

 

 

4

 

 

 

447

 

Total

 

$3,122

 

 

$78,976