XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3 - Allowance for Loan Losses, Nonperforming Assets and Impaired Loans (Tables)
 3 Months Ended
Mar. 31, 2018
Notes Tables  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
   
A
ctivity in the Allowance for Loan Losses for the
Three
Months Ended
March 31, 2018
  
   
Real Estate Construction
    
Consumer Real Estate
    
Commercial Real Estate
    
Commercial Non Real Estate
    
Public Sector and IDA
    
Consumer Non Real Estate
    
Unallocated
    
Total
  
Balance, December 31, 2017
  
$
337
    
$
2,027
    
$
3,044
    
$
1,072
    
$
419
    
$
707
    
$
319
    
$
7,925
  
Charge-offs
  
 
---
    
 
---
    
 
---
    
 
---
    
 
---
    
 
(139
)
  
 
---
    
 
(139
)
Recoveries
  
 
---
    
 
---
    
 
12
    
 
7
    
 
---
    
 
58
    
 
---
    
 
77
  
Provision for (recovery of) loan losses
  
 
(42
)
  
 
(98
)
  
 
(266
)
  
 
(163
)
  
 
13
    
 
54
    
 
30
    
 
(472
)
Balance,
March 31
, 201
8
  
$
295
    
$
1,929
    
$
2,790
    
$
916
    
$
432
    
$
680
    
$
349
    
$
7,391
  
   
A
ctivity in the Allowance for Loan Losses for the
Three
Months Ended
March 31, 2017
  
   
Real Estate Construction
    
Consumer Real Estate
    
Commercial Real Estate
    
Commercial Non Real Estate
    
Public Sector and IDA
    
Consumer Non Real Estate
    
Unallocated
    
Total
  
Balance, December 31, 2016
   $
438
     $
1,830
     $
3,738
     $
1,063
     $
330
     $
644
     $
257
     $
8,300
  
Charge-offs
    
---
      
---
      
(30
)
    
---
      
---
      
(113
)
    
---
      
(143
)
Recoveries
    
---
      
---
      
12
      
4
      
---
      
29
      
---
      
45
  
Provision for (recovery of) loan losses
    
(61
)
    
(84
)
    
(103
)
    
75
      
87
      
56
      
89
      
59
  
Balance,
March 31, 2017
   $
377
     $
1,746
     $
3,617
     $
1,142
     $
417
     $
616
     $
346
     $
8,261
  
   
A
ctivity in the Allowance for Loan Losses for the Year Ended December 31, 201
7
  
   
Real Estate Construction
    
Consumer Real Estate
    
Commercial Real Estate
    
Commercial Non Real Estate
    
Public Sector and IDA
    
Consumer Non Real Estate
    
Unallocated
    
Total
  
Balance, December 31, 2016
   $
438
     $
1,830
     $
3,738
     $
1,063
     $
330
     $
644
     $
257
     $
8,300
  
Charge-offs
    
---
      
(146
)
    
(139
)
    
(82
)
    
---
      
(452
)
    
---
      
(819
)
Recoveries
    
---
      
1
      
131
      
23
      
---
      
132
      
---
      
287
  
Provision for (recovery of) loan losses
    
(101
)
    
342
      
(686
)
    
68
      
89
      
383
      
62
      
157
  
Balance,
December 31
, 201
7
   $
337
     $
2,027
     $
3,044
     $
1,072
     $
419
     $
707
     $
319
     $
7,925
  
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]
   
Allowance for Loan Losses as of
March 31, 2018
  
   
Real Estate Construction
    
Consumer Real Estate
    
Commercial Real Estate
    
Commercial Non Real Estate
    
Public Sector and IDA
    
Consumer Non Real Estate
    
Unallocated
    
Total
  
Individually evaluated for impairment
  
$
---
    
$
15
    
$
---
    
$
153
    
$
---
    
$
1
    
$
---
    
$
169
  
Collectively evaluated for impairment
  
 
295
    
 
1,914
    
 
2,790
    
 
763
    
 
432
    
 
679
    
 
349
    
 
7,222
  
Total
  
$
295
    
$
1,929
    
$
2,790
    
$
916
    
$
432
    
$
680
    
$
349
    
$
7,391
  
   
Allowance for Loan Losses
as of
December 31, 201
7
  
   
Real Estate Construction
    
Consumer Real Estate
    
Commercial Real Estate
    
Commercial Non Real Estate
    
Public Sector and IDA
    
Consumer Non Real Estate
    
Unallocated
    
Total
  
Individually evaluated for impairment
   $
---
     $
16
     $
---
     $
160
     $
---
     $
1
     $
---
     $
177
  
Collectively evaluated for impairment
    
337
      
2,011
      
3,044
      
912
      
419
      
706
      
319
      
7,748
  
Total
   $
337
     $
2,027
     $
3,044
     $
1,072
     $
419
     $
707
     $
319
     $
7,925
  
   
Loans as of
March 31, 2018
  
   
Real Estate Construction
    
Consumer Real Estate
    
Commercial Real Estate
    
Commercial Non Real Estate
    
Public Sector and IDA
    
Consumer Non Real Estate
    
Unallocated
    
Total
  
Individually evaluated for impairment
  
$
2,817
    
$
1,155
    
$
6,479
    
$
1,203
    
$
---
    
$
27
    
$
---
    
$
11,681
  
Collectively evaluated for impairment
  
 
29,264
    
 
166,273
    
 
326,886
    
 
40,873
    
 
51,091
    
 
33,184
    
 
---
    
 
647,571
  
Total
  
$
32,081
    
$
167,428
    
$
333,365
    
$
42,076
    
$
51,091
    
$
33,211
    
$
---
    
$
659,252
  
   
Loans as of
December 31, 201
7
  
   
Real Estate Construction
    
Consumer Real Estate
    
Commercial Real Estate
    
Commercial Non Real Estate
    
Public Sector and IDA
    
Consumer Non Real Estate
    
Unallocated
    
Total
  
Individually evaluated for impairment
   $
2,882
     $
1,267
     $
6,516
     $
1,229
     $
---
     $
30
     $
---
     $
11,924
  
Collectively evaluated for impairment
    
31,812
      
165,698
      
333,898
      
39,289
      
51,443
      
34,618
      
---
      
656,758
  
Total
   $
34,694
     $
166,965
     $
340,414
     $
40,518
     $
51,443
     $
34,648
     $
---
     $
668,682
  
Schedule of Ratios for Allowance for Loan Losses [Table Text Block]
   
As of and for the
 
   
Three Months Ended
March 31,
    
Year
E
nded
December 31,
  
   
2018
    
2017
    
2017
  
Ratio of allowance for loan losses to the end of period loans, net of unearned income and deferred fees and costs
  
 
1.12
%
    
1.27
%
    
1.19
%
Ratio of net charge-offs to average loans, net of unearned income and deferred fees and costs
(1)
  
 
0.04
%
    
0.06
%
    
0.08
%
Schedule of Nonperforming Assets [Table Text Block]
   
March 31,
    
December 31,
  
   
2018
    
2017
    
2017
  
Nonperforming assets:
                        
Nonaccrual loans
  
$
6
     $
1,040
     $
6
  
Restructured loans in nonaccrual
  
 
2,758
      
4,640
      
2,763
  
Total nonperforming loans
  
 
2,764
      
5,680
      
2,769
  
Other real estate owned, net
  
 
2,741
      
2,952
      
2,817
  
Total nonperforming assets
  
$
5,505
     $
8,632
     $
5,586
  
Ratio of nonperforming assets to loans, net of unearned income and deferred fees and costs, plus other real estate owned
  
 
0.83
%
    
1.32
%
    
0.83
%
Ratio of allowance for loan losses to nonperforming loans
(
1
)
 
 
267.40
%
    
145.44
%
    
286.20
%
Summary of Past Due 90 Days Loans or More and Impaired Loans [Table Text Block]
   
March 31,
    
December 31,
  
   
2018
    
2017
    
2017
  
Loans past due 90 days or more and still accruing
  
$
52
     $
63
     $
51
  
Ratio of loans past due 90 days or more and still accruing to loans, net of unearned income and deferred fees and costs
  
 
0.01
%
    
0.01
%
    
0.01
%
Accruing restructured loans
  
$
7,890
     $
3,747
     $
5,134
  
Impaired loans:
                        
Impaired loans with no valuation allowance
  
$
10,233
     $
8,172
     $
10,444
  
Impaired loans with a valuation allowance
  
 
1,448
      
894
      
1,480
  
Total impaired loans
  
$
11,681
     $
9,066
     $
11,924
  
Valuation allowance
  
 
(169
)
    
(25
)
    
(177
)
Impaired loans, net of allowance
  
$
11,512
     $
9,041
     $
11,747
  
Average recorded investment in impaired loans
(1)
  
$
11,754
     $
9,123
     $
13,344
  
Interest income recognized on impaired loans, after designation as impaired
  
$
120
     $
67
     $
528
  
Amount of income recognized on a cash basis
  
$
---
     $
---
     $
---
  
Impaired Financing Receivables [Table Text Block]
   
Impaired Loans as of March 31, 2018
  
   
Principal
Balance
   
Total
Recorded
Investment
(1)
    
Recorded
Investment
(1
)
for Which There is No Related Allowance
    
Recorded Investment
(1)
for Which There is a Related Allowance
    
Related
Allowance
 
Real Estate Construction
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Construction, other
  
$
2,817
    
$
2,817
    
$
2,817
    
$
---
    
$
---
  
Co
nsumer
Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Residential closed-end first liens
  
 
706
    
 
664
    
 
487
    
 
177
    
 
10
  
Residential closed-end junior liens
  
 
168
    
 
168
    
 
---
    
 
168
    
 
5
  
Investor-owned residential real estate
  
 
344
    
 
323
    
 
323
    
 
---
    
 
---
  
Commercial Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Multifamily
  
 
300
    
 
300
    
 
300
    
 
---
    
 
---
  
Commercial real estate, owner-occupied
  
 
3,586
    
 
3,577
    
 
3,577
    
 
---
    
 
---
  
Commercial real estate, other
  
 
2,921
    
 
2,602
    
 
2,602
    
 
---
    
 
---
  
Commercial Non Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Commercial and industrial
  
 
1,211
    
 
1,203
    
 
123
    
 
1,080
    
 
153
  
Consumer Non Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Automobile
  
 
27
    
 
27
    
 
4
    
 
23
    
 
1
  
Total
  
$
12,080
    
$
11,681
    
$
10,233
    
$
1,448
    
$
169
  
   
Impaired Loans as of December 31, 2017
  
   
Principal
Balance
   
Total
Recorded
Investment
(1)
    
Recorded Investment
(1)
for Which There is No
Related Allowance
    
Recorded Investment
(1)
for Which There is a Related Allowance
    
Related
Allowance
 
Real Estate Construction
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Construction 1-4 family residential
   $
2,882
     $
2,882
     $
2,882
     $
---
     $
---
  
Co
nsumer
Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Residential closed-end first liens
    
807
      
768
      
590
      
178
      
10
  
Residential closed-end junior liens
    
174
      
174
      
---
      
174
      
6
  
Investor-owned residential real estate
    
347
      
325
      
325
      
---
      
---
  
Commercial Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Multifamily real estate
    
303
      
303
      
303
      
---
      
---
  
Commercial real estate, owner occupied
    
3,619
      
3,611
      
3,611
      
---
      
---
  
Commercial real estate, other
    
2,921
      
2,602
      
2,602
      
---
      
---
  
Commercial Non Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Commercial and industrial
    
1,236
      
1,229
      
126
      
1,103
      
160
  
Consumer Non Real Estate
(2)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Automobile
    
30
      
30
      
5
      
25
      
1
  
Total
   $
12,319
     $
11,924
     $
10,444
     $
1,480
     $
177
  
Impaired Financing Receivable Average Investment And Interest Income [Table Text Block]
   
For the Three Months Ended
March 31, 2018
  
   
Average Recorded Investment
(1)
    
Interest Income Recognized
  
Real Estate Construction
(2)
  
 
 
 
  
 
 
 
Construction 1-4 family residential
  
$
839
    
$
38
  
Co
nsumer
Real Estate
(2)
  
 
 
 
  
 
 
 
Residential closed-end first liens
  
 
3,387
    
 
10
  
Residential closed-end junior liens
  
 
253
    
 
3
  
Investor-owned residential real estate
  
 
323
    
 
4
  
Commercial Real Estate
(2)
  
 
 
 
  
 
 
 
Multifamily real estate
  
 
372
    
 
4
  
Commercial real estate, owner occupied
  
 
2,648
    
 
50
  
Commercial real estate, other
  
 
2,384
    
 
---
  
Commercial
Non Real Estate
(2)
  
 
 
 
  
 
 
 
Commercial and industrial
  
 
939
    
 
11
  
Consumer Non Real Estate
(2)
  
 
 
 
  
 
 
 
Automobile
  
 
609
    
 
---
  
Total
  
$
11,754
    
$
120
  
   
For the Three Months Ended
March 31, 2017
  
   
Average
Recorded
Investment
(1)
    
Interest
Income
Recognized
  
Real Estate Construction
(2)
  
 
 
 
  
 
 
 
Construction 1-4 family residential
   $
267
     $
3
  
Co
nsumer
Real Estate
(2)
  
 
 
 
  
 
 
 
Residential closed-end first liens
    
606
      
9
  
Residential closed-end junior liens
    
193
      
3
  
Investor-owned residential real estate
    
73
      
1
  
Commercial Real Estate
(2)
  
 
 
 
  
 
 
 
Multifamily real estate
    
1,091
      
---
  
Commercial real estate, owner occupied
    
3,945
      
32
  
Commercial real estate, other
    
2,708
      
17
  
Commercial
Non Real Estate
(2)
  
 
 
 
  
 
 
 
Commercial and industrial
    
237
      
2
  
Consumer Non Real Estate
  
 
 
 
  
 
 
 
Automobile
    
3
      
---
  
Total
   $
9,123
     $
67
  
   
For the Year Ended
December 31, 2017
  
   
Average Recorded Investment
(1)
    
Interest Income Recognized
  
Real Estate Construction
(2)
  
 
 
 
  
 
 
 
Construction 1-4 family residential
   $
3,298
     $
177
  
Consumer
Real Estate
(2)
  
 
 
 
  
 
 
 
Residential closed-end first liens
    
781
      
57
  
Residential closed-end junior liens
    
185
      
11
  
Investor-owned residential real estate
    
329
      
1
  
Commercial Real Estate
(2)
  
 
 
 
  
 
 
 
Multifamily real estate
    
748
      
16
  
Commercial real estate, owner occupied
    
4,047
      
200
  
Commercial real estate, other
    
2,638
      
---
  
Commercial
Non Real Estate
(2)
  
 
 
 
  
 
 
 
Commercial and industrial
    
1,282
      
64
  
Co
nsumer
Non Real Estate
(2)
  
 
 
 
  
 
 
 
Automobile
    
36
      
2
  
Total
   $
13,344
     $
528
  
Past Due Financing Receivables [Table Text Block]
March 31, 2018
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
30 – 89 Days
Past Due and
Accruing
   
90 or
M
ore
Days Past Due
    
90 or More Days
Past Due and
Accruing
    
Nonaccruals
(2)
  
Consumer Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Residential closed-end first liens
  
 
780
    
 
---
    
 
---
    
 
142
  
Residential closed-end junior liens
  
 
168
    
 
---
    
 
---
    
 
---
  
Investor-owned residential real estate
  
 
---
    
 
5
    
 
---
    
 
6
  
Commercial Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Multifamily real estate
  
 
498
    
 
---
    
 
---
    
 
---
  
Commercial real estate, owner-occupied
  
 
394
    
 
---
    
 
---
    
 
---
  
Commercial real estate, other
  
 
---
    
 
2,602
    
 
---
    
 
2,602
  
Commercial
Non Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Commercial and industrial
  
 
260
    
 
20
    
 
20
    
 
13
  
Consumer Non Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Credit cards
  
 
7
    
 
11
    
 
11
    
 
---
  
Automobile
  
 
322
    
 
1
    
 
1
    
 
1
  
Other consumer loans
  
 
73
    
 
20
    
 
20
    
 
---
  
Total
  
$
2,502
    
$
2,659
    
$
52
    
$
2,764
  
December 31, 2017
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
30 – 89 Days
Past Due and
Accruing
    
90 or
M
ore
Days Past Due
    
90 or More Days
Past Due and
Accruing
    
Nonaccruals
(2)
  
Consumer Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Residential closed-end first liens
    
637
      
16
      
11
      
145
  
Residential closed-end junior liens
    
188
      
---
      
---
      
---
  
Investor-owned residential real estate
    
66
      
---
      
---
      
6
  
Commercial Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Multifamily real estate
    
303
      
---
      
---
      
---
  
Commercial real estate, owner occupied
    
402
      
---
      
---
      
---
  
Commercial real estate, other
    
---
      
2,602
      
---
      
2,602
  
Commercial
Non Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Commercial and industrial
    
131
      
---
      
---
      
15
  
Consumer Non Real Estate
(1)
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Credit cards
    
7
      
12
      
12
      
---
  
Automobile
    
375
      
22
      
22
      
1
  
Other consumer loans
    
154
      
6
      
6
      
---
  
Total
   $
2,263
     $
2,658
     $
51
     $
2,769
  
Financing Receivable Credit Quality Indicators [Table Text Block]
March 31, 2018
  
 
 
 
  
 
 
 
  
 
 
 
   
Pass
    
Special
Mention
(1)
    
 
Classified
(1)
  
Real Estate
Construction
  
 
 
 
  
 
 
 
  
 
 
 
Construction, 1-4 family residential
  
$
9,367
    
$
---
    
$
---
  
Construction, other
  
 
19,897
    
 
---
    
 
---
  
Consumer
Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Equity lines
  
 
16,560
    
 
39
    
 
---
  
Closed-end first liens
  
 
84,519
    
 
2,379
    
 
866
  
Closed-end junior liens
  
 
4,455
    
 
27
    
 
10
  
Investor-owned residential real estate
  
 
56,957
    
 
275
    
 
186
  
Commercial Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Multifamily residential real estate
  
 
87,412
    
 
126
    
 
198
  
Commercial real estate owner-occupied
  
 
131,800
    
 
245
    
 
752
  
Commercial real estate, other
  
 
106,353
    
 
---
    
 
---
  
Commercial
Non Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Commercial and industrial
  
 
40,447
    
 
257
    
 
169
  
Public Sector and IDA
  
 
 
 
  
 
 
 
  
 
 
 
States and political subdivisions
  
 
51,091
    
 
---
    
 
---
  
Consumer Non Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Credit cards
  
 
5,328
    
 
---
    
 
---
  
Automobile
  
 
15,590
    
 
242
    
 
175
  
Other consumer
  
 
11,772
    
 
50
    
 
27
  
Total
  
$
641,548
    
$
3,640
    
$
2,383
  
December 31, 201
7
  
 
 
 
  
 
 
 
  
 
 
 
   
Pass
    
Special
Mention
(1)
    
 
Classified
(1)
  
Real Estate
Construction
  
 
 
 
  
 
 
 
  
 
 
 
Construction, 1-4 family residential
   $
10,396
     $
---
    
$
---
  
Construction, other
    
21,416
      
---
    
 
---
  
Consumer
Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Equity lines
    
16,673
      
39
      
---
  
Closed-end first liens
    
85,975
      
2,400
      
355
  
Closed-end junior liens
    
4,483
      
29
      
12
  
Investor-owned residential real estate
    
55,410
      
66
      
256
  
Commercial Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Multifamily residential real estate
    
95,894
      
127
      
---
  
Commercial real estate owner-occupied
    
130,256
      
246
      
763
  
Commercial real estate, other
    
106,612
      
---
      
---
  
Commercial
Non Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Commercial and industrial
    
38,904
      
220
      
165
  
Public Sector and IDA
  
 
 
 
  
 
 
 
  
 
 
 
States and political subdivisions
    
51,443
      
---
      
---
  
Consumer Non Real Estate
  
 
 
 
  
 
 
 
  
 
 
 
Credit cards
    
5,493
      
---
      
---
  
Automobile
    
16,059
      
218
      
116
  
Other consumer
    
12,692
      
16
      
24
  
Total
   $
651,706
     $
3,361
     $
1,691
  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
   
Restructurings That Occurred During the Three Months
Ended March 31, 2018
  
   
Number of
Contracts
    
Pre-Modification
Outstanding
Principal Balance
    
Post-Modification
Outstanding
Principal Balance
  
Real Estate Construction
  
 
 
 
  
 
 
 
  
 
 
 
Construction, other
  
 
2
    
$
2,882
    
$
2,882
  
Total
  
 
2
    
$
2,882
    
$
2,882