Allowance for Loan Losses |
Transactions in the allowance for loan losses for the quarters and
nine months ended September 30, 2018 and 2017, and the
balances of loans, individually and collectively evaluated for
impairment, as of September 30, 2018 and 2017, are as follows
(in thousands):
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Gaming |
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Residential
and Land
Development |
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|
Real Estate,
Construction |
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|
Real Estate,
Mortgage |
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|
Commercial
and Industrial |
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|
Other |
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|
Total |
|
For the Nine Months Ended September 30, 2018:
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|
|
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|
Allowance for Loan Losses:
|
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|
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|
|
|
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|
|
|
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|
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|
|
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|
Beginning balance
|
|
$ |
536 |
|
|
$ |
40 |
|
|
$ |
202 |
|
|
$ |
4,305 |
|
|
$ |
892 |
|
|
$ |
178 |
|
|
$ |
6,153 |
|
Charge-offs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(681 |
) |
|
|
(372 |
) |
|
|
(251 |
) |
|
|
(1,304 |
) |
Recoveries
|
|
|
|
|
|
|
|
|
|
|
16 |
|
|
|
188 |
|
|
|
112 |
|
|
|
135 |
|
|
|
451 |
|
Provision
|
|
|
(129 |
) |
|
|
(17 |
) |
|
|
3 |
|
|
|
360 |
|
|
|
(218 |
) |
|
|
92 |
|
|
|
91 |
|
|
|
|
|
|
|
|
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|
|
|
|
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|
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|
Ending Balance
|
|
$ |
407 |
|
|
$ |
23 |
|
|
$ |
221 |
|
|
$ |
4,172 |
|
|
$ |
414 |
|
|
$ |
154 |
|
|
$ |
5,391 |
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For the Quarter Ended September 30, 2018:
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for Loan Losses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Beginning Balance
|
|
$ |
453 |
|
|
$ |
20 |
|
|
$ |
179 |
|
|
$ |
4,195 |
|
|
$ |
503 |
|
|
$ |
158 |
|
|
$ |
5,508 |
|
Charge-offs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(252 |
) |
|
|
(3 |
) |
|
|
(95 |
) |
|
|
(350 |
) |
Recoveries
|
|
|
|
|
|
|
|
|
|
|
15 |
|
|
|
70 |
|
|
|
67 |
|
|
|
53 |
|
|
|
205 |
|
Provision
|
|
|
(46 |
) |
|
|
3 |
|
|
|
27 |
|
|
|
159 |
|
|
|
(153 |
) |
|
|
38 |
|
|
|
28 |
|
|
|
|
|
|
|
|
|
|
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|
|
|
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|
Ending Balance
|
|
$ |
407 |
|
|
$ |
23 |
|
|
$ |
221 |
|
|
$ |
4,172 |
|
|
$ |
414 |
|
|
$ |
154 |
|
|
$ |
5,391 |
|
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|
|
|
|
|
|
|
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|
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|
|
|
|
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|
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|
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|
|
|
|
|
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|
Allowance for Loan Losses, September 30, 2018:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Ending balance: individually evaluated for impairment
|
|
$ |
|
|
|
$ |
20 |
|
|
$ |
98 |
|
|
$ |
426 |
|
|
$ |
124 |
|
|
$ |
1 |
|
|
$ |
669 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Ending balance: collectively evaluated for impairment
|
|
$ |
407 |
|
|
$ |
3 |
|
|
$ |
123 |
|
|
$ |
3,746 |
|
|
$ |
290 |
|
|
$ |
153 |
|
|
$ |
4,722 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Total Loans, September 30, 2018:
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Ending balance: individually evaluated for impairment
|
|
$ |
4,889 |
|
|
$ |
233 |
|
|
$ |
1,448 |
|
|
$ |
19,504 |
|
|
$ |
2,282 |
|
|
$ |
10 |
|
|
$ |
28,366 |
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Ending balance: collectively evaluated for impairment
|
|
$ |
20,271 |
|
|
$ |
6 |
|
|
$ |
30,649 |
|
|
$ |
166,402 |
|
|
$ |
20,657 |
|
|
$ |
7,596 |
|
|
$ |
245,581 |
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|
|
|
|
|
|
Gaming |
|
|
Residential
and Land
Development |
|
|
Real Estate,
Construction |
|
|
Real Estate,
Mortgage |
|
|
Commercial
and Industrial |
|
|
Other |
|
|
Total |
|
For the Nine Months Ended September 30, 2017:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for Loan Losses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning balance
|
|
$ |
545 |
|
|
$ |
66 |
|
|
$ |
199 |
|
|
$ |
3,800 |
|
|
$ |
651 |
|
|
$ |
205 |
|
|
$ |
5,466 |
|
Charge-offs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8 |
) |
|
|
(32 |
) |
|
|
(158 |
) |
|
|
(198 |
) |
Recoveries
|
|
|
|
|
|
|
685 |
|
|
|
31 |
|
|
|
12 |
|
|
|
11 |
|
|
|
60 |
|
|
|
799 |
|
Provision
|
|
|
(119 |
) |
|
|
(701 |
) |
|
|
43 |
|
|
|
854 |
|
|
|
(99 |
) |
|
|
107 |
|
|
|
85 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Ending Balance
|
|
$ |
426 |
|
|
$ |
50 |
|
|
$ |
273 |
|
|
$ |
4,658 |
|
|
$ |
531 |
|
|
$ |
214 |
|
|
$ |
6,152 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Quarter Ended September 30, 2017:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for Loan Losses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Beginning Balance
|
|
$ |
396 |
|
|
$ |
58 |
|
|
$ |
232 |
|
|
$ |
3,916 |
|
|
$ |
672 |
|
|
$ |
207 |
|
|
$ |
5,481 |
|
Charge-offs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(32 |
) |
|
|
(63 |
) |
|
|
(95 |
) |
Recoveries
|
|
|
|
|
|
|
685 |
|
|
|
19 |
|
|
|
4 |
|
|
|
|
|
|
|
29 |
|
|
|
737 |
|
Provision
|
|
|
30 |
|
|
|
(693 |
) |
|
|
22 |
|
|
|
738 |
|
|
|
(109 |
) |
|
|
41 |
|
|
|
29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Balance
|
|
$ |
426 |
|
|
$ |
50 |
|
|
$ |
273 |
|
|
$ |
4,658 |
|
|
$ |
531 |
|
|
$ |
214 |
|
|
$ |
6,152 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for Loan Losses, September 30, 2017:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance: individually evaluated for impairment
|
|
$ |
|
|
|
$ |
50 |
|
|
$ |
112 |
|
|
$ |
999 |
|
|
$ |
211 |
|
|
$ |
14 |
|
|
$ |
1,386 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance: collectively evaluated for impairment
|
|
$ |
426 |
|
|
$ |
|
|
|
$ |
161 |
|
|
$ |
3,659 |
|
|
$ |
320 |
|
|
$ |
200 |
|
|
$ |
4,766 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Loans, September 30, 2017:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance: individually evaluated for impairment
|
|
$ |
|
|
|
$ |
273 |
|
|
$ |
1,675 |
|
|
$ |
31,365 |
|
|
$ |
3,157 |
|
|
$ |
28 |
|
|
$ |
36,498 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance: collectively evaluated for impairment
|
|
$ |
18,824 |
|
|
$ |
|
|
|
$ |
29,323 |
|
|
$ |
158,638 |
|
|
$ |
22,852 |
|
|
$ |
6,688 |
|
|
$ |
236,325 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|