6. Loans and Allowance For Loan Losses (Tables)

3 Months Ended

Mar. 31, 2017

Table Text Block Supplement [Abstract]

Schedule of the Composition of Net Loans

The composition of the Bank’s loan portfolio is as follows:

(in 000’s)	March 31, 2017	December 31, 2016
Commercial and industrial	$  2,068	$  2,149
Commercial real estate	20,611	21,488
Consumer real estate	2,039	2,232
Consumer loans other	928	966
Total loans	$ 25,646	$ 26,835

Schedule of Age Analysis of Allowance for Loan Losses

The following table presents an analysis of the allowance for loan losses.

(in 000's)		For the Three months ended March 31, 2017
	Commercial and industrial		Commercial real estate	Consumer real estate	Consumer loans Other	Unallocated	Total
Beginning balance	$                   68		$                179	$                           10	$                         11	$          32	$             300
Provision (credit) for loan losses	(6)		(8)	(3)	-	(12)	(30)
Charge-offs	-		-	-	(1)	-	(1)
Recoveries	1		-	1	1	-	3
Net recoveries	1		-	1	-	-	2
Ending balance	$                    63		$               171	$                         8	$                        11	$         20	$           273

(in 000's)		For the Three months ended March 31, 2016
	Commercial and industrial		Commercial real Estate	Consumer real estate	Consumer loans Other	Unallocated	Total
Beginning balance	$ 151		$ 250	$ 8	$ 9	$             -	$ 418
Credit for loan losses	(32)		(9)	6	-	-	(35)
Charge-offs	-		-	-	(2)	-	(2)
Recoveries	1		-	-	2	-	3
Net recoveries	1		-	-	-		1
Ending balance	$ 120		$ 241	$ 14	$ 9	$              -	$ 384

(in 000's)			March 31, 2017
	Commercial and industrial	Commercial real Estate		Consumer real estate	Consumer loans Other	Unallocated	Total
Period-end amount allocated to:
Loans individually evaluated for impairment	$                    -	$                   50		$                 -	$                  -	$ -	$               50
Loans collectively  evaluated for impairment	63	121		8	11	20	223
	$                 63	$                 171		$              8	$               11	$                20	$             273
Loans, ending balance:
Loans individually evaluated for impairment	$               352	$                1,726		$                -	$              -	$ -	$          2,078
Loans collectively  evaluated for impairment	1,716	18,885		2,039	928	-	23,568
Total	$            2,068	$              20,611		$         2,039	$         928	$                 -	$         25,646

(in 000's)			December 31, 2016
	Commercial and industrial	Commercial real Estate	Consumer real estate	Consumer loans Other	Unallocated	Total
Period-end amount allocated to:
Loans individually evaluated for impairment	$ -	$ 54	$ -	$ -	$ -	$ 54
Loans collectively  evaluated for impairment	68	125	10	11	32	246
	$       68	$        179	$         10	$        11	$        32	$     300
Loans, ending balance:
Loans individually evaluated for impairment	$ 352	$ 1,731	$ -	$ -	$ -	$ 2,083
Loans collectively  evaluated for impairment	1,797	19,757	2,232	966	-	24,752
Total	$  2,149	$ 21,488	$ 2,232	$    966	$           -	$ 26,835

Schedule of Age Analysis of Past Due Loans

An age analysis of past due loans, segregated by class of loans, as of March 31, 2017 is as follows:

		Accruing	Nonaccrual
	Loans	Loans 90 or	Loans 90 or
(In 000's)	30-89 Days	More Days	More Days	Total Past	Current
	Past Due	Past Due	Past Due	Due Loans	Loans	Total Loans
Commercial and industrial:
Commercial	$    -	$     -	$   33	$  33	$   850	$  883
Asset-based	-	-	319	319	866	1,185
Total Commercial and industrial	-	-	352	352	1,716	2,068
Commercial real estate:
Commercial mortgages	398	-	1,280	1,678	9,334	11,012
SBA loans	-	-	254	254	-	254
Construction	-	-	-	-	635	635
Religious organizations	-	-	194	194	8,516	8,710
Total Commercial real estate	398	-	1,728	2,126	18,485	20,611
Consumer real estate:
Home equity loans	-	153	341	494	316	810
Home equity lines of credit	-	-	-	-	18	18
1-4 family residential mortgages	-	-	-	-	1,211	1,211
Total consumer real estate	-	153	341	494	1,545	2,039
Total real estate	398	153	2,069	2,620	20,030	22,650
Consumer and other:
Student loans	22	55	-	77	745	822
Other	-	2		2	104	106
Total consumer and other	22	57	-	79	849	928
Total loans	$   420	$   210	$ 2,421	$ 3,051	$ 22,595	25,646

An age analysis of past due loans, segregated by class of loans, as of December 31, 2016 is as follows:

		Accruing	Nonaccrual
	Loans	Loans 90 or	Loans 90 or
	30-89 Days	More Days	More Days	Total Past	Current
(In 000's)	Past Due	Past Due	Past Due	Due Loans	Loans	Total Loans
Commercial and industrial:
Commercial	$     -	$       -	$   33	$   33	$   857	$     890
Asset-based	27	243	75	345	914	1,259
Total Commercial and industrial	27	243	108	378	1.771	2,149
Commercial real estate:
Commercial mortgages	-	11	1,270	1,281	10,104	11,385
SBA loans	-	162	93	255	-	255
Construction	-	-	-	-	542	542
Religious organizations	110	-	196	306	9,000	9,306
Total Commercial real estate	110	173	1,559	1,842	19,646	21,488
Consumer real estate:
Home equity loans	-	153	345	498	301	799
Home equity lines of credit	-	-	-	-	19	19
1-4 family residential mortgages	59	-	75	134	1,280	1,414
Total consumer real estate	59	153	420	632	1,600	2,232
Total real estate	169	326	1,979	2,474	21,246	23,720
Consumer and other:
Student loans	38	61	-	99	756	855
Other	-	1	-	1	110	111
Total consumer and other	38	62	-	100	866	966
Total loans	$   234	$     631	$  2,087	$  2,952	$ 23,883	$ 26,835

Schedule of Bank Loans by Class According to Credit Quality

The tables below detail the Bank’s loans by class according to their credit quality indictors discussed above.

(In 000's)				Commercial Loans March 31, 2017
	Good/ Excellent	Satisfactory		Pass	Special Mention	Substandard		Doubtful	Total
Commercial and industrial:
Commercial	$    260	$    315		$       7	$    35	$      266		$       -	$     883
Asset-based	-	741		125	-	243		76	1,185
	260	1,056		132	35	509		76	2,068
Commercial real estate:
Commercial mortgages	-	7,789		1,421	522	1,059		221	11,012
SBA Loans	-	-		-	-	254		-	254
Construction	-	635		-	-	-		-	635
Religious organizations	18	5,751		2,520	227	194		-	8,710
	18	14,175		3,941	749	1,507		221	20,611
Total commercial loans	$  278	$  15,231		$  4,073	$  784	$    2,016		$    297	$ 22,679
			Residential Mortgage and Consumer Loans March 31, 2017
	Performing			Nonperforming			Total
Consumer Real Estate:
Home equity	469			341			810
Home equity line of credit	18			-			18
1-4 family residential mortgages	1,211			-			1,211
	1,698			341			2,039
Consumer Other:	-			-			-
Student loans	822			-			822
Other	106			-			106
	928			-			928
Total  consumer loans	2,626			341			2,967

(In 000's)			Commercial Loans, December 31, 2016
	Good/ Excellent	Satisfactory	Pass	Special Mention		Substandard	Doubtful	Total
Commercial and industrial:
Commercial	$    260	$    331	$    9	$    38		$    252	$    -	$    891
Asset-based	-	742	198	-		243	76	1,259
	260	1,073	207	38		495	76	2,149
Commercial real estate:
Commercial mortgages	-	8,193	1,375	537		1,059	221	11,385
SBA Loans	-	2	-	160		93	-	255
Construction	-	542	-	-		-	-	542
Religious organizations	49	8,201	751	109		196	-	9,306
	49	16,938	2,126	806		1,348	221	21,488
Total commercial loans	$    309	$ 18,011	$    2,333	$    844		$    1,843	$    297	$  23,637
			Residential Mortgage and Consumer Loans December 31, 2016
	Performing		Nonperforming		Total
Consumer Real Estate:
Home equity	$    301		$    498		$    799
Home equity line of credit	19		-		19
1-4 family residential mortgages	1,339		75		1,414
	1,659		573		2,232
Consumer Other:
Student loans	794		61		855
Other	110		1		111
	904		62		966
Total  consumer loans	$  2,563		$    635		$    3,198

Schedule of Impaired Loans

Impaired loans as of March 31, 2017 are set forth in the following table.

(In 000's)	Unpaid Contractual	Recorded Investment	Recorded Investment	Total
	Principal	With No	With	Recorded	Related
	Balance	Allowance	Allowance	Investment	Allowance
Commercial and industrial:
Commercial	$ 33	$ 33	$     -	$   33	$   -
Asset-based	319	319	-	319	-
Total commercial and industrial	352	352		352	-
Commercial real estate:
Commercial mortgages	1,280	807	473	1,280	50
SBA Loans	252	252	-	252	-
Religious organizations	194	194	-	194	-
Total commercial real estate	1,726	1,253	473	1,726	50
Total loans	$  2,078	$  1,605	$  473	$ 2,078	$  50

Impaired loans as of December 31, 2016 are set forth in the following table.

(In 000's)	Unpaid Contractual	Recorded Investment	Recorded Investment	Total
	Principal	With No	With	Recorded	Related
	Balance	Allowance	Allowance	Investment	Allowance
Commercial and industrial:
Commercial	$ 33	$ 33	$  -	$    33	$   -
Asset-based	319	319	-	319	-
Total commercial and industrial	352	352	-	352	-
Commercial real estate:
Commercial mortgages	1,321	808	473	1,281	54
SBA Loans	255	255	-	255	-
Religious organizations	195	195	-	195	-
Total commercial real estate	1,771	1,258	473	1,731	54
Total loans	$2,123	$ 1,610	$   473	$  2,083	$ 54

Schedule of Interest Income on Impaired Loans

The following tables present additional information about impaired loans.

(In 000's)	Three Months Ended March 31, 2017		Three Months Ended March 31, 2016
	Average	Interest recognized	Average	Interest recognized
	Recorded	on impaired	Recorded	on impaired
	Investment	Loans	Investment	Loans
Commercial and industrial:
Commercial	$             33	$                       -	$ 109	$                             -
SBA  loans	-	-	39	-
Asset-based	319	-	46	-
Total commercial and industrial	352	-	194	-
Commercial real estate:
Commercial mortgages	1,280	-	1,329	2
SBA loans	254	-	268	2
Religious organizations	194	-	454	-
Total commercial real estate	1,728	-	2,051	4
Total loans	$          2,080	$                      -	$ 2,245	$ 4