XML 26 R13.htm IDEA: XBRL DOCUMENT v3.22.1
Allowance for Loan Losses
12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Allowance for Loan Losses

NOTE 4. Allowance for Loan Losses

Changes in the allowance for loan losses for the years ended December 31, 2021 and 2020 were as follows:

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Balance, beginning

 

$

7,096

 

 

$

4,973

 

Provision charged to operating expense

 

 

1,483

 

 

 

1,457

 

Recoveries added to the allowance

 

 

318

 

 

 

1,131

 

Loan losses charged to the allowance

 

 

(110

)

 

 

(465

)

Balance, ending

 

$

8,787

 

 

$

7,096

 

 

 

Nonaccrual and past due loans by class at December 31, 2021 and December 31, 2020 were as follows:

 

 

 

December 31, 2021

 

 

 

(in thousands)

 

 

 

30 - 59

Days

Past Due

 

 

60 - 89

Days

Past Due

 

 

90 or More

Days Past

Due

 

 

Total Past

Due

 

 

Current

 

 

Total Loans

 

 

90 or More

Days Past Due

Still Accruing

 

 

Nonaccrual

Loans

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

8

 

 

$

7

 

 

$

 

 

$

15

 

 

$

143,363

 

 

$

143,378

 

 

$

 

 

$

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

188,839

 

 

 

188,839

 

 

 

 

 

 

124

 

Non-owner occupied

 

 

146

 

 

 

 

 

 

130

 

 

 

276

 

 

 

187,936

 

 

 

188,212

 

 

 

 

 

 

1,547

 

Construction and Farmland:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,077

 

 

 

10,077

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

126

 

 

 

108

 

 

 

234

 

 

 

74,590

 

 

 

74,824

 

 

 

 

 

 

234

 

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Installment

 

 

6

 

 

 

 

 

 

 

 

 

6

 

 

 

67,275

 

 

 

67,281

 

 

 

 

 

 

3

 

Residential:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Lines

 

 

13

 

 

 

 

 

 

 

 

 

13

 

 

 

35,849

 

 

 

35,862

 

 

 

 

 

 

29

 

Single family

 

 

409

 

 

 

238

 

 

 

434

 

 

 

1,081

 

 

 

226,780

 

 

 

227,861

 

 

 

43

 

 

 

786

 

Multifamily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

29,093

 

 

 

29,093

 

 

 

 

 

 

 

All Other Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16,798

 

 

 

16,798

 

 

 

 

 

 

 

Total

 

$

582

 

 

$

371

 

 

$

672

 

 

$

1,625

 

 

$

980,600

 

 

$

982,225

 

 

$

43

 

 

$

2,723

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

(in thousands)

 

 

 

30 - 59

Days

Past Due

 

 

60 - 89

Days

Past Due

 

 

90 or More

Days Past

Due

 

 

Total Past

Due

 

 

Current

 

 

Total Loans

 

 

90 or More

Past Due Still

Accruing

 

 

Nonaccrual

Loans

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

43

 

 

$

 

 

$

 

 

$

43

 

 

$

140,719

 

 

$

140,762

 

 

$

 

 

$

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

 

 

 

157

 

 

 

157

 

 

 

165,764

 

 

 

165,921

 

 

 

 

 

 

1,227

 

Non-owner occupied

 

 

500

 

 

 

 

 

 

122

 

 

 

622

 

 

 

168,118

 

 

 

168,740

 

 

 

 

 

 

2,405

 

Construction and Farmland:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,644

 

 

 

10,644

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

69

 

 

 

69

 

 

 

47,677

 

 

 

47,746

 

 

 

 

 

 

69

 

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Installment

 

 

5

 

 

 

 

 

 

 

 

 

5

 

 

 

21,316

 

 

 

21,321

 

 

 

 

 

 

5

 

Residential:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Lines

 

 

13

 

 

 

 

 

 

 

 

 

13

 

 

 

31,239

 

 

 

31,252

 

 

 

 

 

 

42

 

Single family

 

 

249

 

 

 

123

 

 

 

581

 

 

 

953

 

 

 

216,041

 

 

 

216,994

 

 

 

 

 

 

1,006

 

Multifamily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

21,496

 

 

 

21,496

 

 

 

 

 

 

 

All Other Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,773

 

 

 

10,773

 

 

 

 

 

 

 

Total

 

$

810

 

 

$

123

 

 

$

929

 

 

$

1,862

 

 

$

833,787

 

 

$

835,649

 

 

$

 

 

$

4,754

 

 

 

Allowance for loan losses by segment as of and for the years ended December 31, 2021 and December 31, 2020 were as follows:

 

 

 

December 31, 2021

 

 

 

(in thousands)

 

 

 

Construction

and Farmland

 

 

Residential

Real Estate

 

 

Commercial

Real Estate

 

 

Commercial

 

 

Consumer

 

 

All Other

Loans

 

 

Unallocated

 

 

Total

 

Allowance for credit losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance

 

$

1,604

 

 

$

1,929

 

 

$

1,645

 

 

$

1,374

 

 

$

198

 

 

$

346

 

 

$

 

 

$

7,096

 

Charge-Offs

 

 

 

 

 

(13

)

 

 

 

 

 

(10

)

 

 

(19

)

 

 

(68

)

 

 

 

 

 

(110

)

Recoveries

 

 

12

 

 

 

240

 

 

 

7

 

 

 

18

 

 

 

29

 

 

 

12

 

 

 

 

 

 

318

 

Provision

 

 

1,178

 

 

 

(406

)

 

 

(2

)

 

 

274

 

 

 

438

 

 

 

1

 

 

 

 

 

 

1,483

 

Ending balance

 

$

2,794

 

 

$

1,750

 

 

$

1,650

 

 

$

1,656

 

 

$

646

 

 

$

291

 

 

$

 

 

$

8,787

 

Ending balance: Individually evaluated for impairment

 

$

 

 

$

39

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

39

 

Ending balance: collectively evaluated for impairment

 

$

2,794

 

 

$

1,711

 

 

$

1,650

 

 

$

1,656

 

 

$

646

 

 

$

291

 

 

$

 

 

$

8,748

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

84,901

 

 

$

292,816

 

 

$

377,051

 

 

$

143,378

 

 

$

67,281

 

 

$

16,798

 

 

$

 

 

$

982,225

 

Ending balance individually evaluated for impairment

 

$

257

 

 

$

2,778

 

 

$

2,295

 

 

$

108

 

 

$

16

 

 

$

 

 

$

 

 

$

5,454

 

Ending balance collectively evaluated for impairment

 

$

84,644

 

 

$

290,038

 

 

$

374,756

 

 

$

143,270

 

 

$

67,265

 

 

$

16,798

 

 

$

 

 

$

976,771

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

(in thousands)

 

 

 

Construction

and Farmland

 

 

Residential

Real Estate

 

 

Commercial

Real Estate

 

 

Commercial

 

 

Consumer

 

 

All Other

Loans

 

 

Unallocated

 

 

Total

 

Allowance for credit losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance

 

$

446

 

 

$

1,601

 

 

$

1,991

 

 

$

565

 

 

$

54

 

 

$

120

 

 

$

196

 

 

$

4,973

 

Charge-Offs

 

 

(119

)

 

 

(20

)

 

 

(155

)

 

 

(49

)

 

 

(83

)

 

 

(39

)

 

 

 

 

 

(465

)

Recoveries

 

 

7

 

 

 

275

 

 

 

302

 

 

 

498

 

 

 

41

 

 

 

8

 

 

 

 

 

 

1,131

 

Provision

 

 

1,270

 

 

 

73

 

 

 

(493

)

 

 

360

 

 

 

186

 

 

 

257

 

 

 

(196

)

 

 

1,457

 

Ending balance

 

$

1,604

 

 

$

1,929

 

 

$

1,645

 

 

$

1,374

 

 

$

198

 

 

$

346

 

 

$

 

 

$

7,096

 

Ending balance: Individually evaluated for impairment

 

$

 

 

$

72

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

72

 

Ending balance: collectively evaluated for impairment

 

$

1,604

 

 

$

1,857

 

 

$

1,645

 

 

$

1,374

 

 

$

198

 

 

$

346

 

 

$

 

 

$

7,024

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$

58,390

 

 

$

269,742

 

 

$

334,661

 

 

$

140,762

 

 

$

21,321

 

 

$

10,773

 

 

$

 

 

$

835,649

 

Ending balance individually evaluated for impairment

 

$

105

 

 

$

3,869

 

 

$

3,632

 

 

$

147

 

 

$

15

 

 

$

 

 

$

 

 

$

7,768

 

Ending balance collectively evaluated for impairment

 

$

58,285

 

 

$

265,873

 

 

$

331,029

 

 

$

140,615

 

 

$

21,306

 

 

$

10,773

 

 

$

 

 

$

827,881

 

 


 

 

Impaired loans by class at December 31, 2021 and December 31, 2020 were as follows:

 

 

 

As of

 

 

 

December 31, 2021

 

 

 

(in thousands)

 

 

 

Unpaid

Principal

Balance

 

 

Recorded

Investment

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

 

Interest

Income

Recognized

 

With no related allowance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

143

 

 

$

109

 

 

$

 

 

$

166

 

 

$

11

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

148

 

 

 

124

 

 

 

 

 

 

142

 

 

 

 

Non-owner occupied

 

 

2,539

 

 

 

2,177

 

 

 

 

 

 

2,186

 

 

 

 

Construction and Farmland:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

271

 

 

 

257

 

 

 

 

 

 

267

 

 

 

9

 

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Installment

 

 

17

 

 

 

16

 

 

 

 

 

 

19

 

 

 

1

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity lines

 

 

35

 

 

 

29

 

 

 

 

 

 

32

 

 

 

 

Single family

 

 

2,088

 

 

 

1,974

 

 

 

 

 

 

2,012

 

 

 

62

 

Multifamily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

5,241

 

 

$

4,686

 

 

$

 

 

$

4,824

 

 

$

83

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-owner occupied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction and Farmland:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Installment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity lines

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Single family

 

 

811

 

 

 

787

 

 

 

39

 

 

 

802

 

 

 

30

 

Multifamily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

811

 

 

$

787

 

 

$

39

 

 

$

802

 

 

$

30

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

143

 

 

$

109

 

 

$

 

 

$

166

 

 

$

11

 

Commercial Real Estate

 

 

2,687

 

 

 

2,301

 

 

 

 

 

 

2,328

 

 

 

 

Construction and Farmland

 

 

271

 

 

 

257

 

 

 

 

 

 

267

 

 

 

9

 

Consumer

 

 

17

 

 

 

16

 

 

 

 

 

 

19

 

 

 

1

 

Residential

 

 

2,934

 

 

 

2,790

 

 

 

39

 

 

 

2,846

 

 

 

92

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

6,052

 

 

$

5,473

 

 

$

39

 

 

$

5,626

 

 

$

113

 

 

(1)

Recorded investment is defined as the summation of the outstanding principal balance, accrued interest, and any partial charge-offs.

 

 

 

 

As of

 

 

 

December 31, 2020

 

 

 

(in thousands)

 

 

 

Unpaid

Principal

Balance

 

 

Recorded

Investment

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

 

Interest

Income

Recognized

 

With no related allowance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

246

 

 

$

147

 

 

$

 

 

$

186

 

 

$

16

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

1,282

 

 

 

1,227

 

 

 

 

 

 

1,258

 

 

 

18

 

Non-owner occupied

 

 

2,682

 

 

 

2,405

 

 

 

 

 

 

2,444

 

 

 

34

 

Construction and Farmland:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

233

 

 

 

105

 

 

 

 

 

 

109

 

 

 

3

 

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Installment

 

 

16

 

 

 

15

 

 

 

 

 

 

22

 

 

 

1

 

Residential:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity lines

 

 

272

 

 

 

42

 

 

 

 

 

 

44

 

 

 

 

Single family

 

 

2,655

 

 

 

2,413

 

 

 

 

 

 

2,514

 

 

 

76

 

Multifamily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

7,386

 

 

$

6,354

 

 

$

 

 

$

6,577

 

 

$

148

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-owner occupied

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction and Farmland:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Installment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity lines

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Single family

 

 

1,449

 

 

 

1,431

 

 

 

72

 

 

 

1,448

 

 

 

38

 

Multifamily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

1,449

 

 

$

1,431

 

 

$

72

 

 

$

1,448

 

 

$

38

 

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

246

 

 

$

147

 

 

$

 

 

$

186

 

 

$

16

 

Commercial Real Estate

 

 

3,964

 

 

 

3,632

 

 

 

 

 

 

3,702

 

 

 

52

 

Construction and Farmland

 

 

233

 

 

 

105

 

 

 

 

 

 

109

 

 

 

3

 

Consumer

 

 

16

 

 

 

15

 

 

 

 

 

 

22

 

 

 

1

 

Residential

 

 

4,376

 

 

 

3,886

 

 

 

72

 

 

 

4,006

 

 

 

114

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

8,835

 

 

$

7,785

 

 

$

72

 

 

$

8,025

 

 

$

186

 

 

(1)

Recorded investment is defined as the summation of the outstanding principal balance, accrued interest, and any partial charge-offs.

 


 

When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is in nonaccrual status, all payments are applied to principal under the cost-recovery method. For financial statement purposes, the recorded investment in nonaccrual loans is the actual principal balance reduced by payments that would otherwise have been applied to interest. When reporting information on these loans to the applicable customers, the unpaid principal balance is reported as if payments were applied to principal and interest under the original terms of the loan agreements. Therefore, the unpaid principal balance reported to the customer would be higher than the recorded investment in the loan for financial statement purposes. When the ultimate collectability of the total principal of the impaired loan is not in doubt and the loan is in nonaccrual status, contractual interest is credited to interest income when received under the cash-basis method.

The Company uses a rating system for evaluating the risks associated with non-consumer loans. Consumer loans are not evaluated for risk unless the characteristics of the loan fall within classified categories. Descriptions of these ratings are as follows:

 

 

 

 

Pass

 

Pass loans exhibit acceptable history of profits, cash flow ability and liquidity. Sufficient cash flow exists to service the loan. All obligations have been paid by the borrower in an as agreed manner.

 

 

Special mention

 

Special mention loans exhibit negative trends and potential weakness that, if left uncorrected, may negatively affect the borrower’s ability to repay its obligations. The risk of default is not imminent and the borrower still demonstrates sufficient financial strength to service debt.

 

 

Substandard

 

Substandard loans exhibit well defined weaknesses resulting in a higher probability of default. The borrowers exhibit adverse financial trends and a diminishing ability or willingness to service debt.

 

 

Doubtful

 

Doubtful loans exhibit all of the characteristics inherent in substandard loans; however given the severity of weaknesses, the collection of 100% of the principal is unlikely under current conditions.

 

 

Loss

 

Loss loans are considered uncollectible over a reasonable period of time and of such little value that its continuance as a bankable asset is not warranted.

 

 

Credit quality information by class at December 31, 2021 and December 31, 2020 was as follows:

 

 

 

As of

 

 

 

December 31, 2021

 

 

 

(in thousands)

 

INTERNAL RISK RATING GRADES

 

Pass

 

 

Special

Mention

 

 

Substandard

 

 

Doubtful

 

 

Loss

 

 

Total

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

143,197

 

 

$

176

 

 

$

5

 

 

$

 

 

$

 

 

$

143,378

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

185,978

 

 

 

2,703

 

 

 

158

 

 

 

 

 

 

 

 

 

188,839

 

Non-owner occupied

 

 

180,830

 

 

 

4,819

 

 

 

2,563

 

 

 

 

 

 

 

 

 

188,212

 

Construction and Farmland:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

10,077

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,077

 

Commercial

 

 

59,318

 

 

 

15,198

 

 

 

308

 

 

 

 

 

 

 

 

 

74,824

 

Residential:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Lines

 

 

35,832

 

 

 

 

 

 

30

 

 

 

 

 

 

 

 

 

35,862

 

Single family

 

 

224,510

 

 

 

1,601

 

 

 

1,633

 

 

 

117

 

 

 

 

 

 

227,861

 

Multifamily

 

 

26,952

 

 

 

2,141

 

 

 

 

 

 

 

 

 

 

 

 

29,093

 

All other loans

 

 

16,798

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16,798

 

Total

 

$

883,492

 

 

$

26,638

 

 

$

4,697

 

 

$

117

 

 

$

 

 

$

914,944

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

 

Nonperforming

 

Consumer Credit Exposure by Payment Activity

 

 

$

67,275

 

 

$

6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

December 31, 2020

 

 

 

(in thousands)

 

INTERNAL RISK RATING GRADES

 

Pass

 

 

Special

Mention

 

 

Substandard

 

 

Doubtful

 

 

Loss

 

 

Total

 

Commercial - Non Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

140,316

 

 

$

439

 

 

$

7

 

 

$

 

 

$

 

 

$

140,762

 

Commercial Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner Occupied

 

 

158,766

 

 

 

5,929

 

 

 

1,226

 

 

 

 

 

 

 

 

 

165,921

 

Non-owner occupied

 

 

143,364

 

 

 

22,555

 

 

 

2,821

 

 

 

 

 

 

 

 

 

168,740

 

Construction and Farm land:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

 

10,644

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,644

 

Commercial

 

 

44,581

 

 

 

3,004

 

 

 

161

 

 

 

 

 

 

 

 

 

47,746

 

Residential:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Lines

 

 

31,211

 

 

 

 

 

 

36

 

 

 

5

 

 

 

 

 

 

31,252

 

Single family

 

 

210,218

 

 

 

3,594

 

 

 

3,053

 

 

 

129

 

 

 

 

 

 

216,994

 

Multifamily

 

 

19,623

 

 

 

1,873

 

 

 

 

 

 

 

 

 

 

 

 

21,496

 

All other loans

 

 

8,438

 

 

 

2,335

 

 

 

 

 

 

 

 

 

 

 

 

10,773

 

Total

 

$

767,161

 

 

$

39,729

 

 

$

7,304

 

 

$

134

 

 

$

 

 

$

814,328

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

 

Nonperforming

 

Consumer Credit Exposure by Payment Activity

 

 

$

21,316

 

 

$

5