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Loan and Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2024
Loans And Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30,
December 31,
(Dollars in thousands)
2024
2023
Commercial and industrial
$
77,627
$
73,374
Construction and land development
73,688
68,329
Commercial real estate:
Owner occupied
63,384
66,783
Hotel/motel
38,542
39,131
Multi-family
44,135
45,841
Other
151,171
135,552
Total commercial real estate
297,232
287,307
Residential real estate:
Consumer mortgage
60,957
60,545
Investment property
58,470
56,912
Total residential real estate
119,427
117,457
Consumer installment
10,094
10,827
Total Loans
$
578,068
$
557,294
Past Due Financing Receivables [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing
Accruing
Total
30-89 Days
Greater than
Accruing
Non-
Total
 
(Dollars in thousands)
Current
Past Due
90 days
Loans
Accrual
Loans
June 30, 2024:
Commercial and industrial
$
77,625
2
77,627
$
77,627
Construction and land development
73,284
404
73,688
73,688
Commercial real estate:
Owner occupied
62,631
62,631
753
63,384
Hotel/motel
38,542
38,542
38,542
Multi-family
44,135
44,135
44,135
Other
151,171
151,171
151,171
Total commercial real estate
296,479
296,479
753
297,232
Residential real estate:
Consumer mortgage
60,805
111
60,916
41
60,957
Investment property
58,372
98
58,470
58,470
Total residential real estate
119,177
209
119,386
41
119,427
Consumer installment
10,071
23
10,094
10,094
Total
$
576,636
638
577,274
794
$
578,068
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2023:
Commercial and industrial
$
73,108
266
73,374
$
73,374
Construction and land development
68,329
68,329
68,329
Commercial real estate:
Owner occupied
66,000
66,000
783
66,783
Hotel/motel
39,131
39,131
39,131
Multi-family
45,841
45,841
45,841
Other
135,552
135,552
135,552
Total commercial real estate
286,524
286,524
783
287,307
Residential real estate:
Consumer mortgage
60,442
60,442
103
60,545
Investment property
56,597
290
56,887
25
56,912
Total residential real estate
117,039
290
117,329
128
117,457
Consumer installment
10,781
46
10,827
10,827
Total
$
555,781
602
556,383
911
$
557,294
Financing Receivable Credit Quality Indicators [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year of Origination
2024
2023
2022
2021
2020
Prior to
2020
Revolving
Loans
Total
 
Loans
(Dollars in thousands)
June 30, 2024:
 
Commercial and industrial
Pass
$
5,671
13,080
19,641
13,026
5,350
17,043
3,485
$
77,296
Special mention
74
74
Substandard
54
6
187
10
257
Nonaccrual
Total commercial and industrial
5,725
13,160
19,828
13,036
5,350
17,043
3,485
77,627
Current period gross charge-offs
9
9
Construction and land development
Pass
17,898
27,794
23,510
1,544
1,823
144
72,713
Special mention
332
404
736
Substandard
239
239
Nonaccrual
Total construction and land development
18,469
28,198
23,510
1,544
1,823
144
73,688
Current period gross charge-offs
Commercial real estate:
Owner occupied
Pass
509
12,454
7,030
17,282
9,469
9,711
4,991
61,446
Special mention
931
254
1,185
Substandard
Nonaccrual
753
753
Total owner occupied
1,440
12,708
7,030
17,282
9,469
10,464
4,991
63,384
Current period gross charge-offs
Hotel/motel
Pass
245
8,822
9,677
3,142
1,397
14,993
266
38,542
Special mention
Substandard
Nonaccrual
Total hotel/motel
245
8,822
9,677
3,142
1,397
14,993
266
38,542
Current period gross charge-offs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year of Origination
2024
2023
2022
2021
2020
Prior to
2020
Revolving
Loans
Total
 
Loans
(Dollars in thousands)
June 30, 2024:
 
Multi-family
Pass
192
11,710
17,279
1,916
5,967
6,505
566
44,135
Special mention
Substandard
Nonaccrual
Total multi-family
192
11,710
17,279
1,916
5,967
6,505
566
44,135
Current period gross charge-offs
Other
Pass
26,641
21,591
26,844
25,885
13,606
18,612
16,961
150,140
Special mention
905
905
Substandard
126
126
Nonaccrual
Total other
27,546
21,591
26,844
25,885
13,732
18,612
16,961
151,171
Current period gross charge-offs
Residential real estate:
Consumer mortgage
Pass
3,621
18,043
18,685
2,614
2,612
12,084
2,272
59,931
Special mention
490
490
Substandard
495
495
Nonaccrual
41
41
Total consumer mortgage
3,621
18,043
18,685
2,614
2,612
13,110
2,272
60,957
Current period gross charge-offs
Investment property
Pass
7,691
12,004
11,111
8,908
12,301
5,773
281
58,069
Special mention
Substandard
82
95
224
401
Nonaccrual
Total investment property
7,691
12,086
11,206
8,908
12,525
5,773
281
58,470
Current period gross charge-offs
Consumer installment
Pass
3,216
3,443
2,098
359
123
191
582
10,012
Special mention
9
27
10
46
Substandard
10
21
5
36
Nonaccrual
Total consumer installment
3,226
3,473
2,130
369
123
191
582
10,094
Current period gross charge-offs
18
24
1
43
Total loans
Pass
65,684
128,941
135,875
74,676
52,648
85,056
29,404
572,284
Special mention
2,168
741
27
10
490
3,436
Substandard
303
109
287
10
350
495
1,554
Nonaccrual
794
794
Total loans
$
68,155
129,791
136,189
74,696
52,998
86,835
29,404
$
578,068
Total current period gross charge-offs
$
18
33
1
52
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year of Origination
2023
2022
2021
2020
2019
Prior to
2019
Revolving
Loans
Total
 
Loans
(Dollars in thousands)
December 31, 2023:
 
Commercial and industrial
Pass
$
11,571
18,074
13,746
5,602
7,298
7,819
9,003
$
73,113
Special mention
Substandard
55
203
3
261
Nonaccrual
Total commercial and industrial
11,626
18,277
13,746
5,602
7,301
7,819
9,003
73,374
Current period gross charge-offs
13
151
164
Construction and land development
Pass
38,646
25,382
1,716
1,526
120
157
782
68,329
Special mention
Substandard
Nonaccrual
Total construction and land development
38,646
25,382
1,716
1,526
120
157
782
68,329
Current period gross charge-offs
Commercial real estate:
Owner occupied
Pass
12,966
7,337
18,548
10,458
3,948
9,786
2,647
65,690
Special mention
260
260
Substandard
50
50
Nonaccrual
783
783
Total owner occupied
13,226
7,337
18,548
10,458
4,781
9,786
2,647
66,783
Current period gross charge-offs
Hotel/motel
Pass
9,025
9,873
3,205
1,493
3,881
11,654
39,131
Special mention
Substandard
Nonaccrual
Total hotel/motel
9,025
9,873
3,205
1,493
3,881
11,654
39,131
Current period gross charge-offs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year of Origination
2023
2022
2021
2020
2019
Prior to
2019
Revolving
Loans
Total
 
Loans
(Dollars in thousands)
December 31, 2023:
 
Multi-family
Pass
12,379
17,955
1,953
6,112
3,790
3,043
609
45,841
Special mention
Substandard
Nonaccrual
Total multi-family
12,379
17,955
1,953
6,112
3,790
3,043
609
45,841
Current period gross charge-offs
Other
Pass
25,810
36,076
31,687
14,597
10,736
15,440
1,052
135,398
Special mention
Substandard
154
154
Nonaccrual
Total other
25,810
36,076
31,687
14,751
10,736
15,440
1,052
135,552
Current period gross charge-offs
Residential real estate:
Consumer mortgage
Pass
20,147
20,177
2,683
2,665
1,281
12,217
249
59,419
Special mention
190
305
495
Substandard
528
528
Nonaccrual
103
103
Total consumer mortgage
20,147
20,177
2,683
2,665
1,471
13,153
249
60,545
Current period gross charge-offs
Investment property
Pass
13,398
12,490
9,397
12,209
5,485
1,865
1,478
56,322
Special mention
41
41
Substandard
43
248
233
524
Nonaccrual
25
25
Total investment property
13,482
12,738
9,397
12,442
5,485
1,890
1,478
56,912
Current period gross charge-offs
Consumer installment
Pass
5,688
3,837
740
206
106
141
10,718
Special mention
9
25
9
2
45
Substandard
37
11
5
11
64
Nonaccrual
Total consumer installment
5,734
3,873
754
219
106
141
10,827
Current period gross charge-offs
34
57
13
1
105
Total loans
Pass
149,630
151,201
83,675
54,868
36,645
62,122
15,820
553,961
Special mention
310
25
9
2
190
305
841
Substandard
135
462
5
398
53
528
1,581
Nonaccrual
783
128
911
Total loans
$
150,075
151,688
83,689
55,268
37,671
63,083
15,820
$
557,294
Total current period gross charge-offs
$
34
57
26
1
151
269
Schedule Of Composition Of Provision For Credit Losses [Table Text Block]]
 
 
 
 
 
 
 
 
 
Quarter ended June 30,
Six months ended June 30,
 
(Dollars in thousands)
2024
2023
2024
2023
Provision for credit losses:
Loans
$
(64)
 
$
(331)
 
$
221
 
$
(291)
 
Reserve for unfunded commitments
(59)
 
(31)
 
(10)
 
(5)
 
Total provision for (reversal of)
 
credit losses
$
(123)
 
$
(362)
 
$
211
 
$
(296)
Allowance for Credit Losses on Financing Receivables [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
June 30, 2024
Beginning balance
$
1,415
840
4,202
613
145
$
7,215
Charge-offs
(9)
(19)
(28)
Recoveries
8
2
9
19
Net (charge-offs) recoveries
(1)
2
(10)
(9)
Provision for (reversal of) credit losses
(48)
102
(111)
(12)
5
(64)
Ending balance
$
1,366
942
4,091
603
140
$
7,142
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended:
June 30, 2024
Beginning balance
$
1,288
960
3,921
546
148
$
6,863
Charge-offs
(9)
(43)
(52)
Recoveries
74
5
31
110
Net recoveries (charge-offs)
65
5
(12)
58
Provision for (reversal of) credit losses
13
(18)
170
52
4
221
Ending balance
$
1,366
942
4,091
603
140
$
7,142
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
June 30, 2023
Beginning balance
$
1,232
1,021
3,966
497
105
$
6,821
Charge-offs
(56)
(56)
Recoveries
194
5
1
200
Net recoveries (charge-offs)
194
5
(55)
144
Provision for (reversal of) credit losses
(228)
(16)
(178)
27
64
(331)
Ending balance
$
1,198
1,005
3,788
529
114
$
6,634
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended:
June 30, 2023
Beginning balance
$
747
949
3,109
828
132
$
5,765
Impact of adopting ASC 326
532
(17)
873
(347)
(22)
1,019
Charge-offs
 
 
 
 
(67)
(67)
Recoveries
196
 
 
10
2
208
Net recoveries (charge-offs)
196
 
 
10
(65)
 
141
Provision for (reversal of) credit losses
(277)
73
(194)
38
69
(291)
 
Ending balance
$
1,198
1,005
3,788
529
114
$
6,634
Schedule Of Financing Receivables NonAccrual Status [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CECL
Nonaccrual loans
Nonaccrual loans
Total
(Dollars in thousands)
with no Allowance
with an Allowance
Nonaccrual Loans
June 30, 2024
Commercial real estate
$
753
753
Residential real estate
41
41
Total
 
$
753
41
794
December 31, 2023
Commercial real estate
$
783
783
Residential real estate
128
128
Total
 
$
783
128
911
Schedule Of Collateral Dependent Loans Individually Evaluated For ACL [Table Text Block]
 
 
 
 
 
 
 
(Dollars in thousands)
Real Estate
Total Loans
June 30, 2024:
Commercial real estate
$
753
$
753
Total
 
$
753
$
753
 
 
 
 
December 31, 2023:
Commercial real estate
$
783
$
783
Total
$
783
$
783