XML 36 R26.htm IDEA: XBRL DOCUMENT v3.21.1
Loans (Tables)
3 Months Ended
Mar. 31, 2021
Loans  
Schedule of loans outstanding

(dollars in thousands)

 

2021

 

 

2020

 

Construction/Land Development

 

$69,292

 

 

$71,467

 

Farmland

 

 

58,384

 

 

 

53,728

 

Real Estate

 

 

154,879

 

 

 

163,018

 

Multi-Family

 

 

4,203

 

 

 

5,918

 

Commercial Real Estate

 

 

137,259

 

 

 

142,516

 

Home Equity – closed end

 

 

7,640

 

 

 

8,476

 

Home Equity – open end

 

 

45,215

 

 

 

46,613

 

Commercial & Industrial – Non-Real Estate

 

 

75,495

 

 

 

65,470

 

Consumer

 

 

8,002

 

 

 

9,405

 

Dealer Finance

 

 

96,370

 

 

 

91,861

 

Credit Cards

 

 

2,634

 

 

 

2,857

 

Total

 

$659,373

 

 

$661,329

 

Summary of information pertaining to impaired loans

 

 

March 31, 2021

 

 

December 31, 2020

 

 

 

 

 

Unpaid

 

 

 

 

 

 

Unpaid

 

 

 

 

 

Recorded

 

 

Principal

 

 

Related

 

 

Recorded

 

 

Principal

 

 

Related

 

 

 

Investment(1)

 

 

Balance

 

 

Allowance

 

 

Investment

 

 

Balance

 

 

Allowance

 

Impaired loans without a valuation allowance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

$1,779

 

 

$1,779

 

 

$-

 

 

$1,693

 

 

$1,693

 

 

$-

 

Farmland

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Real Estate

 

 

9,519

 

 

 

9,519

 

 

 

-

 

 

 

6,648

 

 

 

6,648

 

 

 

-

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

9,588

 

 

 

9,588

 

 

 

-

 

 

 

8,592

 

 

 

8,656

 

 

 

-

 

Home Equity – closed end

 

 

678

 

 

 

678

 

 

 

-

 

 

 

687

 

 

 

687

 

 

 

-

 

Home Equity – open end

 

 

-

 

 

 

-

 

 

 

-

 

 

 

151

 

 

 

151

 

 

 

-

 

Commercial & Industrial – Non-Real Estate

 

 

5

 

 

 

5

 

 

 

-

 

 

 

8

 

 

 

8

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Credit cards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Dealer Finance

 

 

13

 

 

 

13

 

 

 

-

 

 

 

8

 

 

 

8

 

 

 

-

 

 

 

 

21,582

 

 

 

21,582

 

 

 

-

 

 

 

17,787

 

 

 

17,851

 

 

 

-

 

Impaired loans with a valuation allowance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Farmland

 

 

1,678

 

 

 

1,678

 

 

 

1

 

 

 

1,737

 

 

 

1,737

 

 

 

370

 

Real Estate

 

 

1,624

 

 

 

1,624

 

 

 

339

 

 

 

7,143

 

 

 

7,143

 

 

 

365

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

7,110

 

 

 

7,110

 

 

 

1,884

 

 

 

7,464

 

 

 

7,464

 

 

 

1,833

 

Home Equity – closed end

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Home Equity – open end

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial & Industrial – Non-Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1

 

 

 

1

 

 

 

1

 

Credit cards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Dealer Finance

 

 

132

 

 

 

132

 

 

 

14

 

 

 

147

 

 

 

147

 

 

 

15

 

 

 

 

10,544

 

 

 

10,544

 

 

 

2,238

 

 

 

16,492

 

 

 

16,492

 

 

 

2,584

 

Total impaired loans

 

$32,126

 

 

$32,126

 

 

$2,238

 

 

$34,279

 

 

$34,343

 

 

$2,584

 

Summary of the average investment and interest income

 

 

March 31, 2021

 

 

December 31, 2020

 

 

 

Average

Recorded

 

 

Interest

Income

 

 

Average

Recorded

 

 

Interest

Income

 

 

 

Investment

 

 

Recognized

 

 

Investment

 

 

Recognized

 

Impaired loans without a valuation allowance:

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

$1,736

 

 

$13

 

 

$1,598

 

 

$103

 

Farmland

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Real Estate

 

 

8,084

 

 

 

139

 

 

 

5,520

 

 

 

356

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

9,429

 

 

 

21

 

 

 

3,296

 

 

 

229

 

Home Equity – closed end

 

 

344

 

 

 

-

 

 

 

522

 

 

 

34

 

Home Equity – open end

 

 

76

 

 

 

-

 

 

 

38

 

 

 

7

 

Commercial & Industrial – Non-Real Estate

 

 

7

 

 

 

-

 

 

 

55

 

 

 

1

 

Consumer

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Credit cards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Dealer Finance

 

 

11

 

 

 

-

 

 

 

24

 

 

 

1

 

 

 

 

19,687

 

 

 

173

 

 

 

11,053

 

 

 

731

 

Impaired loans with a valuation allowance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

$-

 

 

$-

 

 

$243

 

 

$-

 

Farmland

 

 

1,708

 

 

 

59

 

 

 

1,797

 

 

 

233

 

Real Estate

 

 

4,384

 

 

 

10

 

 

 

8,956

 

 

 

413

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

7,287

 

 

 

66

 

 

 

4,108

 

 

 

237

 

Home Equity – closed end

 

 

-

 

 

 

5

 

 

 

177

 

 

 

-

 

Home Equity – open end

 

 

-

 

 

 

-

 

 

 

113

 

 

 

-

 

Commercial & Industrial – Non-Real Estate

 

 

-

 

 

 

-

 

 

 

17

 

 

 

-

 

Consumer

 

 

1

 

 

 

-

 

 

 

2

 

 

 

-

 

Credit card

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Dealer Finance

 

 

140

 

 

 

3

 

 

 

146

 

 

 

13

 

 

 

 

13,520

 

 

 

143

 

 

 

15,559

 

 

 

896

 

Total Impaired Loans

 

$33,207

 

 

$316

 

 

$26,612

 

 

$1,627

 

Schedule of recorded investment of past due loans

 

 

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

 

March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

$415

 

 

$-

 

 

$-

 

 

$415

 

 

$68,877

 

 

$69,292

 

 

$168

 

 

$-

 

Farmland

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

58,384

 

 

 

58,384

 

 

 

1,678

 

 

 

-

 

Real Estate

 

 

1,091

 

 

 

384

 

 

 

681

 

 

 

2,156

 

 

 

152,723

 

 

 

154,879

 

 

 

801

 

 

 

-

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,203

 

 

 

4,203

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

137,259

 

 

 

137,259

 

 

 

2,890

 

 

 

-

 

Home Equity – closed end

 

 

3

 

 

 

-

 

 

 

30

 

 

 

33

 

 

 

7,607

 

 

 

7,640

 

 

 

30

 

 

 

-

 

Home Equity – open end

 

 

324

 

 

 

26

 

 

 

168

 

 

 

518

 

 

 

44,697

 

 

 

45,215

 

 

 

143

 

 

 

25

 

Commercial & Industrial – Non- Real Estate

 

 

163

 

 

 

-

 

 

 

-

 

 

 

163

 

 

 

75,332

 

 

 

75,495

 

 

 

1

 

 

 

-

 

Consumer

 

 

16

 

 

 

-

 

 

 

-

 

 

 

16

 

 

 

7,986

 

 

 

8,002

 

 

 

-

 

 

 

-

 

Dealer Finance

 

 

696

 

 

 

89

 

 

 

-

 

 

 

785

 

 

 

95,585

 

 

 

96,370

 

 

 

44

 

 

 

-

 

Credit Cards

 

 

25

 

 

 

-

 

 

 

3

 

 

 

28

 

 

 

2,606

 

 

 

2,634

 

 

 

-

 

 

 

3

 

Total

 

$2,733

 

 

$499

 

 

$882

 

 

$4,114

 

 

$655,259

 

 

$659,373

 

 

$5,755

 

 

$28

 

 

 

 

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, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction/Land Development

 

$2,557

 

 

$-

 

 

$-

 

 

$2,557

 

 

$68,910

 

 

$71,467

 

 

$251

 

 

$-

 

Farmland

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

53,728

 

 

 

53,728

 

 

 

1,737

 

 

 

-

 

Real Estate

 

 

1,724

 

 

 

512

 

 

 

304

 

 

 

2,540

 

 

 

160,478

 

 

 

163,018

 

 

 

368

 

 

 

102

 

Multi-Family

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

5,918

 

 

 

5,918

 

 

 

-

 

 

 

-

 

Commercial Real Estate

 

 

554

 

 

 

-

 

 

 

920

 

 

 

1,474

 

 

 

141,042

 

 

 

142,516

 

 

 

3,820

 

 

 

-

 

Home Equity – closed end

 

 

3

 

 

 

30

 

 

 

-

 

 

 

33

 

 

 

8,443

 

 

 

8,476

 

 

 

-

 

 

 

-

 

Home Equity – open end

 

 

716

 

 

 

-

 

 

 

212

 

 

 

928

 

 

 

45,685

 

 

 

46,613

 

 

 

212

 

 

 

-

 

Commercial & Industrial – Non- Real Estate

 

 

95

 

 

 

44

 

 

 

-

 

 

 

139

 

 

 

65,331

 

 

 

65,470

 

 

 

3

 

 

 

-

 

Consumer

 

 

39

 

 

 

-

 

 

 

-

 

 

 

39

 

 

 

9,366

 

 

 

9,405

 

 

 

-

 

 

 

-

 

Dealer Finance

 

 

694

 

 

 

157

 

 

 

-

 

 

 

851

 

 

 

91,010

 

 

 

91,861

 

 

 

44

 

 

 

-

 

Credit Cards

 

 

45

 

 

 

-

 

 

 

-

 

 

 

45

 

 

 

2,812

 

 

 

2,857

 

 

 

-

 

 

 

-

 

Total

 

$6,427

 

 

$743

 

 

$1,436

 

 

$8,606

 

 

$652,723

 

 

$661,329

 

 

$6,435

 

 

$102