LOANS AND CREDIT QUALITY (Tables)

12 Months Ended

Dec. 31, 2023

LOANS AND CREDIT QUALITY (Tables)

Schedule Of Loans Outstanding

	December 31, 2023
1-4 Family residential construction	$	30,488
Other construction, land development and land		47,749
Secured by farmland		81,657
Home equity – open end		45,749
Real estate		200,629
Home Equity – closed end		4,835
Multifamily		8,203
Owner-occupied commercial real estate		92,362
Other commercial real estate		106,181
Agricultural loans		14,405
Commercial and industrial		44,329
Credit Cards		3,252
Automobile loans		122,924
Other consumer loans		14,376
Municipal loans		5,625
Gross loans		822,764
Unamortized net deferred loan fees		(672	)
Less allowance for credit losses		8,321
Net loans	$	813,771

	December 31, 2022
Construction/Land Development	$	68,671
Farmland		74,322
Real Estate		153,281
Multi-Family		9,622
Commercial Real Estate		195,163
Home Equity – closed end		4,707
Home Equity – open end		46,928
Commercial & Industrial – Non-Real Estate		56,625
Consumer		6,488
Dealer Finance		125,125
Credit Cards		3,242
Gross loans		744,174
Unamortized net deferred loan fees		(570	)
Less allowance for credit losses		7,936
Net loans	$	735,668

Summary Of Nonaccrual and Past Due Loans

Age Analysis of Past Due Loans and Leases As of December 31, 2023
	Accruing Loans 30-59 Days Past due		Accruing Loans 60-89 Days Past due		Accruing Loans 90 Days or More Past due		Nonaccrual Loans		Accruing Current Loans			Total Loans
1-4 Family residential construction	$	-	$	-	$	-	$	440	$	30,048		$	30,488
Other construction, land development and land		-		-		-		528		47,221			47,749
Secured by farmland		-		-		-		596		81,061			81,657
Home equity – open end		595		74		-		217		44,863			45,749
Real estate		2,125		425		-		701		197,378			200,629
Home Equity – closed end		41		-		-		-		4,794			4,835
Multifamily		-		-		-		-		8,203			8,203
Owner-occupied commercial real estate		1,482		-		-		-		90,880			92,362
Other commercial real estate		92		887		-		3,000		102,202			106,181
Agricultural loans		10		-		-		73		14,322			14,405
Commercial and industrial		75		39		25		622		43,568			44,329
Credit Cards		35		7		6		-		3,204			3,252
Automobile loans		1,137		481		-		237		121,069			122,924
Other consumer loans		151		14		-		24		14,187			14,376
Municipal loans		-		-		-		-		5,625			5,625
Gross loans		5,743		1,927		31		6,438		808,625			822,764
Less: Unamortized net deferred loan fees		-		-		-		-		(672	)		(672	)
Loans held for investment	$	5,743	$	1,927	$	31	$	6,438	$	807,953		$	822,092

Age Analysis of Past Due Loans and Leases As of December 31, 2022
	Accruing Loans 30-59 Days Past due		Accruing Loans 60-89 Days Past due		Accruing Loans 90 Days or More Past Due		Nonaccrual Loans		Accruing Current Loans			Total Loans
Construction/Land Development	$	477	$	539	$	-	$	21	$	67,634		$	68,671
Farmland		85		18		-		1,458		72,761			74,322
Real Estate		1,807		226		-		419		150,829			153,281
Multi-Family		-		-		-		-		9,622			9,622
Commercial Real Estate		234		82		-		-		194,847			195,163
Home Equity – closed end		3		-		-		-		4,704			4,707
Home Equity – open end		385		177		-		-		46,366			46,928
Commercial & Industrial – Non- Real Estate		104		-		31		101		56,389			56,625
Consumer		11		11		-		15		6,451			6,488
Dealer Finance		1,117		225		5		210		123,568			125,125
Credit Cards		51		9		2		-		3,180			3,242
Less: Unamortized net deferred loan fees		-		-		-		-		(570	)		(570	)
Loans held for investment	$	4,274	$	1,287	$	38	$	2,224	$	735,781		$	743,604

Summary Of nonaccrual loans by major categories

	CECL						Incurred Loss
	December 31, 2023						December 31, 2022
	Nonaccrual loans with No Allowance		Nonaccrual Loans with an Allowance		Total Nonaccrual Loans		Nonaccrual Loans
1-4 Family residential construction	$	-	$	440	$	440	$	-
Other construction, land development and land		528		-		528		21
Secured by farmland		596		-		596		1,458
Home equity – open end		217		-		217		-
Real estate		701		-		701		419
Other commercial real estate		-		3,000		3,000		-
Agricultural loans		73		-		73		88
Commercial and industrial		25		597		622		13
Automobile loans		237		-		237		210
Other consumer loans		24		-		24		15
Total loans	$	2,401	$	4,037	$	6,438	$	2,224

Schedule Of modified to borrowers experiencing

Amortized Cost of Basis of Loan Modifications Made to Borrowers Experiencing Financial Difficulty For the Year Ended December 31, 2023
	Term Extension		Weighted Average Term Extension (in months)		% of Total Loan Type
Owner-occupied commercial real estate		45		13.0		0.05	%
Automobile loans		68		4.5		0.06	%
Total Term Extension	$	113		7.9		0.05	%

Schedule Of TDRS modified to borrowers experiencing

	December 31, 2022
	Number of Contracts		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment
Extended maturity		3	$	44	$	44
Change in terms		1		162		162
Total		4	$	206	$	206

Summary Of analysis of collateral-dependent loans

	Collateral Dependent Loans and Leases
	December 31, 2023
	Real Estate		Business/ Other Assets
1-4 Family residential construction	$	440	$	-
Other construction, land development and land		511		-
Secured by farmland		596		-
Owner-occupied commercial real estate		3,000		-
Commercial and industrial		-		597
Total loans	$	4,547	$	597

Summary Of segregated loan portfolio segment

	December 31, 2023
	Loan Balances						Allowance for Credit Losses - Loans
	Loans Individually Evaluated		Loans Collectively Evaluated		Total		Loans Individually Evaluated		Loans Collectively Evaluated		Total
1-4 Family residential construction	$	440	$	30,048	$	30,488	$	363	$	351	$	714
Other construction, land development and land		511		47,238		47,749		-		1,287		1,287
Secured by farmland		596		81,061		81,657		-		815		815
Home equity – open end		-		45,749		45,749		-		180		180
Real estate		-		200,629		200,629		-		810		810
Home Equity – closed end		-		4,835		4,835		-		77		77
Multifamily		-		8,203		8,203		-		181		181
Owner-occupied commercial real estate		3,000		89,362		92,362		263		958		1,221
Other commercial real estate		-		106,181		106,181		-		166		166
Agricultural loans		-		14,405		14,405		-		20		20
Commercial and industrial		597		43,732		44,329		351		683		1,034
Credit Cards		-		3,252		3,252		-		81		81
Automobile loans		-		122,924		122,924		-		1,443		1,443
Other consumer loans		-		14,376		14,376		-		292		292
Municipal loans		-		5,625		5,625		-		-		-
Total loans	$	5,144	$	817,620	$	822,764	$	977	$	7,344	$	8,321

	December 31, 2022
	Loan Receivable			Individually Evaluated for Impairment		Collectively Evaluated for Impairment
Construction/Land Development	$	68,671		$	853	$	67,818
Farmland		74,322			2,079		72,243
Real Estate		153,281			3,260		150,021
Multi-Family		9,622			-		9,622
Commercial Real Estate		195,163			9,111		186,052
Home Equity – closed end		4,707			-		4,707
Home Equity –open end		46,928			-		46,928
Commercial & Industrial – Non-Real Estate		56,625			-		56,625
Consumer		6,488			-		6,488
Dealer Finance		125,125			62		125,063
Credit Cards		3,242			-		3,242
Gross Loans		744,174			15,365		728,809
Less: Unamortized net deferred loan fees		(570	)		-		(570	)
Total	$	743,604		$	15,365	$	728,239

Summary Of impairment class of loans

	December 31, 2022
			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
Impaired loans with no related allowance recorded:
Construction/Land Development	$	332	$	332	$	-	$	474	$	19
Farmland		2,535		2,079		-		2,137		161
Real Estate		1,882		1,882		-		2,107		101
Commercial Real Estate		8,131		8,131		-		8,851		393
Dealer Finance		7		7		-		11		1
		12,887		12,431		-		13,580		675
Impaired loans with an allowance recorded:
Construction/Land Development		521		521		228		261		24
Real Estate		1,378		1,378		92		1,466		71
Commercial Real Estate		980		980		11		1,935		47
Dealer Finance		55		55		13		62		6
		2,934		2,934		344		3,724		148
Total impaired loans	$	15,821	$	15,365	$	344	$	17,304	$	823

Schedule Of Credit Quality Indicators

	Term Loans by Year of Origination
	2023		2022		2021		2020		2019		Prior		Revolving		Total
1-4 Family residential construction
Pass	$	162	$	-	$	-	$	-	$	-	$	108	$	29,214	$	29,484
Watch		-		-		-		-		-		-		564		564
Substandard		-		-		-		-		-		-		440		440
Total 1-4 Family residential construction		162		-		-		-		-		108		30,218		30,488
Current period gross write-offs		-		70		-		-		-		-		-		70
Other construction, land development and land
Pass		5,123		9,138		4,983		1,831		2,847		5,456		17,770		47,148
Watch		-		-		-		-		-		67		-		67
Substandard		511		-		-		-		-		23		-		534
Total Other construction, land development and land		5,634		9,138		4,983		1,831		2,847		5,546		17,770		47,749
Current period gross write-offs		-		-		-		-		-		-		-		-
Secured by farmland
Pass		7,503		15,834		13,688		27,020		2,509		7,842		5,869		80,265
Watch		-		-		-		-		781		-		-		781
Substandard		-		-		333		-		-		263		15		611
Total Secured by farmland		7,503		15,834		14,021		27,020		3,290		8,105		5,884		81,657
Current period gross write-offs		-		-		-		-		-		-		-		-
Home equity – open end
Pass		370		-		-		-		-		141		44,089		44,600
Watch		-		-		-		-		-		-		883		883
Substandard		-		-		-		-		-		-		266		266
Total Home equity - open end		370		-		-		-		-		141		45,238		45,749
Current period gross write-offs		-		-		-		-		-		-		-		-
Real estate
Pass		53,413		47,785		15,211		12,192		6,490		55,665		386		191,142
Watch		-		45		-		499		155		4,893		-		5,592
Substandard		-		88		539		-		1,212		2,056		-		3,895
Total Real estate		53,413		47,918		15,750		12,691		7,857		62,614		386		200,629
Current period gross write-offs		-		-		-		-		-		19		-		19
Home Equity – closed end
Pass		1,126		382		117		1,044		464		1,690		-		4,823
Watch		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		12		-		-		12
Total Home Equity - closed end		1,126		382		117		1,044		476		1,690		-		4,835
Current period gross write-offs		-		-		-		-		-		-		-		-
Multifamily
Pass		-		2,712		1,395		906		-		1,567		1,524		8,104
Watch		-		-		-		-		-		99		-		99
Substandard		-		-		-		-		-		-		-		-
Total Multifamily		-		2,712		1,395		906		-		1,666		1,524		8,203
Current period gross write-offs		-		-		-		-		-		-		-		-
Owner-occupied commercial real estate
Pass		2,820		18,049		17,775		7,109		3,586		22,301		7,821		79,461
Watch		-		-		-		-		40		2,097		-		2,137
Substandard		-		-		-		-		6,283		1,183		3,298		10,764
Total Owner-occupied commercial real estate		2,820		18,049		17,775		7,109		9,909		25,581		11,119		92,362
Current period gross write-offs		-		-		-		-		-		-		-		-
Other commercial real estate
Pass		10,193		29,317		12,744		4,990		3,739		32,666		3,206		96,855
Watch		-		-		-		-		-		9,239		-		9,239
Substandard		-		-		-		-		-		87		-		87
Total Other commercial real estate		10,193		29,317		12,744		4,990		3,739		41,992		3,206		106,181
Current period gross write-offs		-		-		-		-		-		-		-		-

	Term Loans by Year of Origination
	2023		2022		2021		2020		2019		Prior		Revolving		Total
Agricultural loans
Pass		4,626		2,548		534		340		-		38		6,066		14,152
Watch		-		-		-		31		-		-		149		180
Substandard		-		48		14		11		-		-		-		73
Total Agricultural loans		4,626		2,596		548		382		-		38		6,215		14,405
Current period gross write-offs		-		-		-		-		-		-		-		-
Commercial and industrial
Pass		7,396		9,373		5,359		1,691		674		272		17,408		42,173
Watch		-		44		91		-		-		-		1,363		1,498
Substandard		-		-		632		25		-		1		-		658
Total Commercial and industrial		7,396		9,417		6,082		1,716		674		273		18,771		44,329
Current period gross write-offs		-		31		-		-		-		2		-		33
Credit Cards
Pass		-		-		-		-		-		-		3,246		3,246
Substandard		-		-		-		-		-		-		6		6
Total Credit cards		-		-		-		-		-		-		3,252		3,252
Current period gross write-offs		-		-		-		-		-		-		69		69
Automobile loans
Pass		52,471		38,375		19,193		7,301		2,145		2,367		-		121,852
Watch		179		323		158		106		36		32		-		834
Substandard		98		48		63		6		18		5		-		238
Total Automobile loans		52,748		38,746		19,414		7,413		2,199		2,404		-		122,924
Current period gross write-offs		334		669		560		149		53		39		-		1,804
Other consumer loans
Pass		5,169		4,983		2,230		843		194		367		530		14,316
Watch		17		4		7		-		1		2		1		32
Substandard		12		7		2		-		6		1		-		28
Total Other consumer loans		5,198		4,994		2,239		843		201		370		531		14,376
Current period gross write-offs		-		77		3		3		6		4		-		93
Municipal loans
Pass		-		118		923		1,096		1,228		2,260		-		5,625
Watch		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-
Total Municipal loans		-		118		923		1,096		1,228		2,260		-		5,625
Current period gross write-offs		-		-		-		-		-		-		-		-
Total loans	$	151,189	$	179,221	$	95,991	$	67,041	$	32,420	$	152,788	$	144,114	$	822,764
Less: Unamortized net deferred loan fees																(672	)
Loans held for investment															$	822,092
Current period gross write-offs	$	334	$	847	$	563	$	152	$	59	$	64	$	69	$	2,088

Summary Of internal loan grade

	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	$	-	$	4	$	11,112	$	42,684	$	13,116	$	1,213	$	542	$	-	$	68,671
Farmland		155		269		11,373		38,051		22,069		947		1,458		-		74,322
Real Estate		-		553		27,003		86,269		28,560		6,950		3,946		-		153,281
Multi-Family		-		-		963		5,116		3,430		113		-		-		9,622
Commercial Real Estate		-		3,097		55,662		72,779		41,749		13,878		7,998		-		195,163
Home Equity – closed end		-		48		1,065		2,560		639		382		13		-		4,707
Home Equity – open end		27		1,272		18,671		23,207		2,091		1,611		49		-		46,928
Commercial & Industrial - Non-Real Estate		10		516		12,934		26,310		15,613		911		331		-		56,625
Consumer (excluding dealer)		33		286		2,965		3,105		68		16		15		-		6,488
Gross loans	$	225	$	6,045	$	141,748	$	300,081	$	127,335	$	26,021	$	14,352	$	-	$	615,807
Less: Unamortized net deferred loan fees																		(570	)
Total																	$	615,237

	Credit Cards		Dealer  Finance
Performing	$	3,240	$	124,910
Nonperforming		2		215
Total	$	3,242	$	125,125