Loan and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2021

Loans And Leases Receivable Disclosure [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

December 31

(In thousands)

2021

2020

Commercial and industrial

$

83,977

$

82,585

Construction and land development

32,432

33,514

Commercial real estate:

Owner occupied

63,375

54,033

Hotel/motel

43,856

42,900

Multifamily

42,587

40,203

Other

108,553

118,000

Total commercial real estate

258,371

255,136

Residential real estate:

Consumer mortgage

29,781

35,027

Investment property

47,880

49,127

Total residential real estate

77,661

84,154

Consumer installment

6,682

7,099

Total loans

459,123

462,488

Less: unearned income

(759)

(788)

Loans, net of unearned income

$

458,364

$

461,700

Past Due Financing Receivables [Table Text Block]

Accruing

Accruing

Total

30-89 Days

Greater than

Accruing

Non-

Total 

(In thousands)

Current

Past Due

90 days

Loans

Accrual

Loans

December 31, 2021:

Commercial and industrial

$

83,974

3

—

83,977

—

$

83,977

Construction and land development

32,228

204

—

32,432

—

32,432

Commercial real estate:

Owner occupied

63,375

—

—

63,375

—

63,375

Hotel/motel

43,856

—

—

43,856

—

43,856

Multifamily

42,587

—

—

42,587

—

42,587

Other

108,366

—

—

108,366

187

108,553

Total commercial real estate

258,184

—

—

258,184

187

258,371

Residential real estate:

Consumer mortgage

29,070

516

—

29,586

195

29,781

Investment property

47,818

—

—

47,818

62

47,880

Total residential real estate

76,888

516

—

77,404

257

77,661

Consumer installment

6,657

25

—

6,682

—

6,682

Total

$

457,931

748

—

458,679

444

$

459,123

December 31, 2020:

Commercial and industrial

$

82,355

230

—

82,585

—

$

82,585

Construction and land development

33,453

61

—

33,514

—

33,514

Commercial real estate:

Owner occupied

54,033

—

—

54,033

—

54,033

Hotel/motel

42,900

—

—

42,900

—

42,900

Multifamily

40,203

—

—

40,203

—

40,203

Other

117,759

29

—

117,788

212

118,000

Total commercial real estate

254,895

29

—

254,924

212

255,136

Residential real estate:

Consumer mortgage

33,169

1,503

140

34,812

215

35,027

Investment property

49,014

6

—

49,020

107

49,127

Total residential real estate

82,183

1,509

140

83,832

322

84,154

Consumer installment

7,069

29

1

7,099

—

7,099

Total

$

459,955

1,858

141

461,954

534

$

462,488

Allowance for Credit Losses on Financing Receivables [Table Text Block]

Year ended December 31

(In thousands)

2021

2020

Beginning balance

$

5,618

$

4,386

Charged-off loans

(294)

(45)

Recovery of previously charged-off loans

215

177

Net (charge-offs) recoveries

(79)

132

Provision for loan losses

(600)

1,100

Ending balance

$

4,939

$

5,618

(in thousands)

Commercial

and industrial

Construction

and land

Development

Commercial

Real Estate

Residential

Real Estate

Consumer

Installment

Total

Balance, December 31, 2019

$

577

569

2,289

813

138

$

4,386

Charge-offs

(7)

—

—

—

(38)

(45)

Recoveries

94

—

—

63

20

177

Net (charge-offs) recoveries

87

—

—

63

(18)

132

Provision

143

25

880

68

(16)

1,100

Balance, December 31, 2020

$

807

594

3,169

944

104

$

5,618

Charge-offs

—

—

(254)

(3)

(37)

(294)

Recoveries

140

—

—

55

20

215

Net recoveries (charge-offs)

140

—

(254)

52

(17)

(79)

Provision

(90)

(76)

(176)

(257)

(1)

(600)

Balance, December 31, 2021

$

857

518

2,739

739

86

$

4,939

Financing Receivable Allowance for Credit Loss Additional Information [Table Text Block]

Collectively evaluated (1)

Individually evaluated (2)

Total

Allowance

Recorded

Allowance

Recorded

Allowance

Recorded

for loan

investment

for loan

investment

for loan

investment

(In thousands)

losses

in loans

losses

in loans

losses

in loans

December 31, 2021:

Commercial and industrial

$

857

83,977

—

—

857

83,977

Construction and land development

518

32,432

—

—

518

32,432

Commercial real estate

2,739

258,184

—

187

2,739

258,371

Residential real estate

739

77,599

—

62

739

77,661

Consumer installment

86

6,682

—

—

86

6,682

Total

$

4,939

458,874

—

249

4,939

459,123

December 31, 2020:

Commercial and industrial

$

807

82,585

—

—

807

82,585

Construction and land development

594

33,514

—

—

594

33,514

Commercial real estate

3,169

254,924

—

212

3,169

255,136

Residential real estate

944

84,047

—

107

944

84,154

Consumer installment

104

7,099

—

—

104

7,099

Total

$

5,618

462,169

—

319

5,618

462,488

(1) Represents loans collectively evaluated for impairment in accordance with ASC 450-20,

Loss Contingencies

(formerly FAS 5), and pursuant to amendments by ASU 2010-20 regarding allowance for unimpaired loans.

(2) Represents loans individually evaluated for impairment in accordance with ASC 310-30,

Receivables

(formerly

 FAS 114), and pursuant to amendments by ASU 2010-20 regarding allowance for impaired loans.

Financing Receivable Credit Quality Indicators [Table Text Block]

(In thousands)

 Pass

 Special

Mention

Substandard

Accruing

Nonaccrual

Total loans

December 31, 2021

Commercial and industrial

$

83,725

26

226

—

$

83,977

Construction and land development

32,212

2

218

—

32,432

Commercial real estate:

Owner occupied

61,573

1,675

127

—

63,375

Hotel/motel

36,162

7,694

—

—

43,856

Multifamily

39,093

3,494

—

—

42,587

Other

107,426

911

29

187

108,553

Total commercial real estate

244,254

13,774

156

187

258,371

Residential real estate:

Consumer mortgage

27,647

452

1,487

195

29,781

Investment property

47,459

98

261

62

47,880

Total residential real estate

75,106

550

1,748

257

77,661

Consumer installment

6,650

20

12

—

6,682

Total

$

441,947

14,372

2,360

444

$

459,123

December 31, 2020

Commercial and industrial

$

79,984

2,383

218

—

$

82,585

Construction and land development

33,260

—

254

—

33,514

Commercial real estate:

Owner occupied

51,265

2,627

141

—

54,033

Hotel/motel

35,084

7,816

—

—

42,900

Multifamily

36,673

3,530

—

—

40,203

Other

116,498

1,243

47

212

118,000

Total commercial real estate

239,520

15,216

188

212

255,136

Residential real estate:

Consumer mortgage

32,518

397

1,897

215

35,027

Investment property

48,501

187

332

107

49,127

Total residential real estate

81,019

584

2,229

322

84,154

Consumer installment

7,069

7

23

—

7,099

Total

$

440,852

18,190

2,912

534

$

462,488

Impaired Financing Receivables [Table Text Block]

December 31, 2021

(In thousands)

Unpaid 

principal 

balance (1)

Charge-offs 

and payments 

applied (2)

Recorded

investment (3)

Related

allowance

With no allowance recorded:

Commercial real estate:

Other

$

205

(18)

187

$

—

Total commercial real estate

205

(18)

187

—

Residential real estate:

Investment property

68

(6)

62

—

Total residential real estate

68

(6)

62

—

Total impaired loans

$

273

(24)

249

$

—

(1) Unpaid principal balance represents the contractual obligation due from the customer.

(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been

applied against the outstanding principal balance.

(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before

 any related allowance for loan losses.

December 31, 2020

(In thousands)

Unpaid 

principal 

balance (1)

Charge-offs 

and payments 

applied (2)

Recorded

investment (3)

Related

allowance

With no allowance recorded:

Other

$

216

(4)

212

$

—

Total commercial real estate

216

(4)

212

—

Investment property

109

(2)

107

—

Total residential real estate

109

(2)

107

—

Total impaired loans

$

325

(6)

319

$

—

(1) Unpaid principal balance represents the contractual obligation due from the customer.

(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments that have been

applied against the outstanding principal balance.

(3) Recorded investment represents the unpaid principal balance less charge-offs and payments applied; it is shown before

 any related allowance for loan losses.

Schedule Of Average Impaired Financing Receivable [Table Text Block]

Year ended December 31, 2021

Year ended December 31, 2020

Average

Total interest

Average

Total interest

recorded

income

recorded

income

(In thousands)

investment

recognized

investment

recognized

Impaired loans:

Commercial real estate:

Other

$

199

—

$

116

—

Total commercial real estate

199

—

116

—

Residential real estate:

Investment property

96

—

59

—

Total residential real estate

96

—

59

—

Total 

$

295

—

$

175

—

Troubled Debt Restructurings on Financing Receivables, Accrual Status [Table Text Block]

TDRs

Related

(In thousands)

Accruing

Nonaccrual

Total

Allowance

December 31, 2021

Commercial real estate:

Other

$

—

187

187

$

—

Total commercial real estate

—

187

187

—

Investment property

—

62

62

—

Total residential real estate

—

62

62

—

Total 

$

—

249

249

$

—

TDRs

Related

(In thousands)

Accruing

Nonaccrual

Total

Allowance

December 31, 2020

Commercial real estate:

Other

$

—

212

212

$

—

Total commercial real estate

—

212

212

—

Investment property

—

107

107

—

Total residential real estate

—

107

107

—

Total 

$

—

319

319

$

—

Troubled Debt Restructuring Modifications [Table Text Block]

Pre-

Post-

modification

modification

outstanding

outstanding

Number of

recorded

recorded

($ in thousands)

contracts

investment

investment

December 31, 2020

Commercial real estate:

Other

1

$

216

216

Total commercial real estate

1

216

216

Investment property

3

111

111

Total residential real estate

3

111

111

Total 

4

$

327

327