6. Loans and Allowance For Loan Losses (Tables)

9 Months Ended

Sep. 30, 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)	September 30, 2017	December 31, 2016
Commercial and industrial	$2,291	$  2,149
Commercial real estate	20,591	21,488
Consumer real estate	1,841	2,232
Consumer loans other	807	966
Total loans	$25,530	$ 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 September 30, 2017
	Commercial and industrial	Commercial real estate	Consumer real estate	Consumer loans Other	Unallocated	Total
Beginning balance	$ 74	$ 170	$ 8	$ 10	$ (10)	$ 252
Provision (credit) for loan losses	(65)	18	-	-	32	(15)
Charge-offs	-	-	-	(1)	-	(1)
Recoveries	1	2	-	-	-	3
Net (charge-offs) recoveries	1	2	-	(1)	-	2
Ending balance	$ 10	$ 190	$  8	$  9	$  22	$239
(in 000's)		For the Three months ended September 30, 2016
	Commercial and industrial	Commercial real estate	Consumer real estate	Consumer loans Other	Unallocated	Total
Beginning balance	$ 87	$ 245	$  13	$    10	$    -	$   355
Provision (credit) for loan losses	41	(75)	(11)	-	-	(45)
Charge-offs	-	(1)	-	-	-	(1)
Recoveries	1	-	6	1	-	8
Net (charge-off) recoveries	1	(1)	6	1	-	7
Ending balance	$ 129	$ 169	$   8	$    11	$  -	$    317
(in 000's)		For the Nine months ended September 30, 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	(61)	(16)	(3)	(1)	(10)	(91)
Charge-offs	-	-	-	(4)	-	(4)
Recoveries	3	27	1	3	-	34
Net (charge-offs) recoveries	3	27	1	(1)	-	30
Ending balance	$ 10	$ 190	$ 8	$ 9	$  22	$ 239

(in 000's)		For the Nine months ended September 30, 2016
	Commercial and industrial		Commercial real estate	Consumer real estate	Consumer loans Other	Total
Beginning balance	$ 151		$ 250	$  8	$    9	$   418
Provision (credit) for loan losses	(25)		(39)	14	-	(50)
Charge-offs	-		(42)	(22)	(3)	(67)
Recoveries	3		-	8	5	16
Net (charge-offs)recoveries	3		(42)	(14)	2	(51)
Ending balance	$ 129		$ 169	$   8	$    11	$    317

(in 000's)			September 30, 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	$ -	$ 70		$ -	$ -	$-	$ 70
Loans collectively  evaluated for impairment	10	120		8	9	22	169
	$  10	$  197		$ 8	$ 9	$ 22	$  239
Loans, ending balance:
Loans individually evaluated for impairment	$ 319	$ 1,719		$ -	$ -	$ -	$ 2,038
Loans collectively  evaluated for impairment	1,972	18,872		1,841	807	-	21,322
Total	$   2,291	$  20,591		$   1,841	$      807	$   -	$  25,530

(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 September 30, 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	$  26	$  -	$  -	$  26	$  823	$  849
SBA loans	-	-	-	-	41	41
Asset-based	-	-	319	319	1,082	1,401
Total Commercial and industrial	26	-	319	345	1,946	2,291
Commercial real estate:
Commercial mortgages	661	-	1,280	1,941	9,105	11,046
SBA loans	-	-	244	244	210	454
Construction	-	-	-	-	406	406
Religious organizations	41	-	189	230	8,455	8,685
Total Commercial real estate	702	-	1,713	2,415	18,176	20,591
Consumer real estate:
Home equity loans	-	123	308	341	321	752
Home equity lines of credit	-	-	-	-	17	17
1-4 family residential mortgages	32	-	-	32	1,040	1,072
Total consumer real estate	32	123	308	463	1,378	1,841
Total real estate	734	123	2,021	2,878	19,554	22,432
Consumer and other:
Student loans	89	69	-	158	551	709
Other	-	2	-	2	96	98
Total consumer and other	89	71	-	160	647	807
Total loans	$  849	$  194	$  2,340	$  3,383	$  22,147	$  25,530

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	-	-	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 September 30, 2017
	Good/ Excellent	Satisfactory		Pass	Special Mention	Substandard		Doubtful	Total
Commercial and industrial:
Commercial	$  260	$  341		$    4	$  26	$  218		$  -	$  849
SBA loans	-	-		41	-	-		-	41
Asset-based	-	839		243	-	243		76	1,401
	$ 260	$  1,180		$ 288	$  26	$  461		$  76	$  2,291
Commercial real estate:
Commercial mortgages	$  -	$  6,983		$  2,253	$  489	$  1,092		$  219	$  11,046
SBA Loans	-	209		1	-	244		-	454
Construction	-	406		-	-	-		-	406
Religious organizations	53	7,602		736	105	189		-	8,685
	53	$  15,200		$  2,990	$  594	$1,525		$  219	$  20,591
Total commercial loans	$  313	$  16,380		$  3,278	$  620	$  1,986		$  295	$  22,882
(In 000's)			Residential Mortgage and Consumer Loans September 30, 2017
	Performing			Nonperforming			Total
Consumer Real Estate:
Home equity	$   444			$  308			$   752
Home equity line of credit	17			-			17
1-4 family residential mortgages	1,072			-			1,072
	$ 1,533			$  308			$ 1,841
Consumer Other:
Student loans	$   709			$      -			$  709
Other	98			-			98
	$  807			-			$  807
Total  consumer loans	$  2,340			$  308			$  2,648

(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	$    -	$    890
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	$    312	$ 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	$    494		$    345		$    799
Home equity line of credit	19		-		19
1-4 family residential mortgages	1,339		75		1,414
	1,812		420		2,232
Consumer Other:
Consumer Installment	-		-		-
Student loans	855		-		855
Other	111		-		111
	966		-		966
Total  consumer loans	$  2,778		$    420		$    3,198

Schedule of Impaired Loans

Impaired loans as ofSeptember 30, 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:
Asset-based	$  319	$  319	$  -	$  319	$  -
Total commercial and industrial	319	319	-	319	-
Commercial real estate:
Commercial mortgages	1,279	806	473	1,279	70
SBA Loans	248	248	-	248	-
Religious organizations	192	192	-	192	-
Total commercial real estate	1,719	1, 246	473	1,795	70
Total loans	$  2,038	$  1,565	$  473	$  2,038	$  70

Impaired loans as of December 31, 2016 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	807	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 September 30, 2017		Three Months Ended September 30, 2016
	Average	Interest recognized	Average	Interest recognized
	Recorded	on impaired	Recorded	on impaired
	Investment	Loans	Investment	Loans
Commercial and industrial:
SBA  loans	$       -	$    -	$       39	$     -
Asset-based	243	-	398	-
Total commercial and industrial	243	-	437	-
Commercial real estate:
Commercial mortgages	1,355	-	1,280	1
SBA loans	245	-	162	-
Religious organizations	189	-	200	-
Total commercial real estate	1,789	-	1,642	1
Total loans	$  2,032	$     -	$   2,079	$    1

(In 000's)	Nine Months Ended September 30, 2017		Nine Months Ended September 30, 2016
	Average	Interest recognized	Average	Interest recognized
	Recorded	on impaired	Recorded	on impaired
	Investment	Loans	Investment	Loans
Commercial and industrial:
SBA  loans	$      -	$     -	$     39	$    -
Asset-based	261	-	398	-
Total commercial and industrial	261	-	437	-
Commercial real estate:
Commercial mortgages	1,355	-	1,422	5
SBA loans	249	-	304	3
Religious organizations	192	-	299	-
Total commercial real estate	1,796	-	2,025	8
Total loans	$2,057	$  -	$   2,462	$  8