LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

12 Months Ended

Dec. 31, 2018

LOANS AND ALLOWANCE FOR LOAN LOSSES

Schedule of Composition of Net Loans

	December 31,			December 31,
(In 000’s)	2018			2017
Commercial and industrial:
Commercial	$	1,055		$	909
SBA loans		18			19
Asset-based		472			870
Total commercial and industrial		1,545			1,798
Commercial real estate:
Commercial mortgages		9,532			11,671
SBA loans		248			669
Construction		-			419
Religious organizations		7,257			8,630
Total commercial real estate		17,038			21,389
Consumer real estate:
Home equity loans		628			641
Home equity lines of credit		15			17
1-4 family residential mortgages		583			1,071
Total consumer real estate		1,226			1,729
Consumer and other:
Student loans		622			700
Other		112			109
Total consumer and other		734			809
Allowance for loan losses		(278	)		(180	)
Loans, net	$	20,265		$	25,545

Schedule of Activity in Related Party Loans

	2018			2017
Balance outstanding at December 31,	$	679,612		$	866,934
Principal additions (affiliations)		-			-
Disaffiliations		-			-
Principal reductions		(224,288	)		(187,322	)
Balance outstanding at December 31,	$	455,324		$	679,612

Schedule of Age Analysis of Past Due Loans

(In 000’s)
			Accruing
	Loans		Loans 90 or
	30-89 Days		More Days				Total Past		Current
	Past Due		Past Due		Nonaccrual		Due Loans		Loans		Total Loans
Commercial and industrial:
Commercial	$	-	$	-	$	-	$	-	$	1,055	$	1,055
SBA loans		-		-		18		18		-		18
Asset-based		-		-		76		76		396		472
Total commercial and industrial		-		-		94		94		1,451		1,545
Commercial real estate:
Commercial mortgages		-		45		902		947		8,585		9,532
SBA loans		-		-		69		69		179		248
Construction		-		-		-		-		-		-
Religious organizations		-		-		179		179		7,078		7,257
Total commercial real estate		-		45		1,150		1,195		15,843		17,038
Consumer real estate:
Home equity loans		-		150		281		431		197		628
Home equity lines of credit		-		-		-		-		15		15
1-4 family residential mortgages		-		-		85		85		498		583
Total consumer real estate		-		150		366		516		710		1,226
Consumer and other:
Student loans		14		57		-		71		551		622
Other		1		-		-		1		111		112
Total consumer and other		15		57		-		72		662		734
Total loans	$	15	$	252	$	1,661	$	1,928	$	18,615	$	20,543

(In 000’s)
			Accruing
	Loans		Loans 90 or
	30-89 Days		More Days				Total Past		Current
	Past Due		Past Due		Nonaccrual		Due Loans		Loans		Total Loans
Commercial and industrial:
Commercial	$	-	$	-	$	-	$	-	$	909	$	909
SBA loans		-		-		-		-		19		19
Asset-based		-		-		76		76		794		794
Total commercial and industrial		-		-		76		76		1,722		1,798
Commercial real estate:
Commercial mortgages		50		208		935		1,193		10,478		11,671
SBA loans		-		-		81		81		588		669
Construction		-		-		-		-		419		419
Religious organizations		-		-		187		187		8,443		8,630
Total commercial real estate		50		208		1,203		1,461		19,928		21,389
Consumer real estate:
Home equity loans		38		123		289		450		191		641
Home equity lines of credit		-		-		-		-		17		17
1-4 family residential mortgages		64		-		48		112		959		1,071
Total consumer real estate		102		123		337		561		1,168		1,729
Consumer and other:
Student loans		32		55		-		87		613		700
Other		6		1		-		7		102		109
Total consumer and other		38		56		-		94		715		809
Total loans	$	190	$	387	$	1,616	$	2,192	$	23,533	$	25,725

Schedule of Impaired Loan

(In 000’s)
	Unpaid Contractual		Recorded Investment		Recorded Investment		Total				Average		Interest recognized
	Principal		With No		With		Recorded		Related		Recorded		on impaired
	Balance		Allowance		Allowance		Investment		Allowance		Investment		loans
Commercial and industrial:
Commercial	$	213	$	-	$	213	$	213	$	81	$	213	$	2
SBA		-		-		-		-		-		-		-
Asset based		76		-		76		76		14		76		-
Total Commercial and industrial		289		-		289		289		95		289		2
Commercial real estate:
Commercial mortgages		898		739		159		898		13		948		-
SBA Loans		71		71		-		71		-		74		-
Religious Organizations		179		-		179		179		31		182		-
Total Commercial real estate		1,148		810		338		1,148		44		1,204		-
Total Loans	$	1,437	$	810	$	627	$	1,437	$	139	$	1,493	$	2

(In 000’s)
	Unpaid Contractual		Recorded Investment		Recorded Investment		Total				Average		Interest recognized
	Principal		With No		With		Recorded		Related		Recorded		on impaired
	Balance		Allowance		Allowance		Investment		Allowance		Investment		loans
Commercial and industrial:
Commercial	$	-	$	-	$	-	$	-	$	-	$	14	$	30
SBA		-		-		-		-		-		-		-
Asset based		76		76		-		76		-		256		-
Total Commercial and industrial		-		-		-		-		-		270		30
Commercial real estate:
Commercial mortgages		933		933		-		933		-		1,215		-
SBA Loans		81		81		-		81		-		208		10
Religious Organizations		187		187		-		187		-		191		-
Total Commercial real estate		1,201		1,201		-		1,201		-		1,613		10
Total Loans	$	1,277	$	1,277	$	-	$	1,277	$	-	$	1,883	$	40

Schedule of Bank's Loans by Class According to their Credit Quality Indictors

(In 000’s)	Commercial Loans, December 31, 2018
	Good/ Excellent		Satisfactory		Pass		Special Mention		Substandard		Doubtful		Total
Commercial and industrial:
Commercial	$	250	$	592	$	-	$	-	$	213	$	-	$	1,055
SBA loans		-		-		-		-		18		-		18
Asset-based		-		272		124		-		-		76		472
		250		864		124		-		231		76		1,545
Commercial real estate:
Commercial mortgages		-		5,814		2,759		52		703		204		9,532
SBA Loans		-		179		-		-		69		-		248
Construction		-		-		-		-		-		-		-
Religious organizations		24		5,041		2,013		-		180		-		7,258
		24		11,034		4,772		52		952		204		17,038
Total commercial loans	$	274	$	11,898	$	4,896	$	52	$	1,183	$	280	$	18,583

	Residential Mortgage and Consumer Loans December 31, 2018
	Performing		Nonperforming		Total
Consumer Real Estate:
Home equity	$	197	$	431	$	628
Home equity line of credit		15		-		15
1-4 family residential mortgages		498		85		583
		710		516		1,226
Consumer Other:
Student loans		565		57		622
Other		112		-		112
		677		57		734
Total consumer loans	$	1,387	$	573	$	1,960

(In 000’s)	Commercial Loans, December 31, 2017
	Good/ Excellent		Satisfactory		Pass		Special Mention		Substandard		Doubtful		Total
Commercial and industrial:
Commercial	$	250	$	423	$	-	$	19	$	217	$	-	$	909
SBA loans		-		-		19		-		-		-		19
Asset-based		-		549		152		-		93		76		870
		250		972		171		19		310		76		1,798
Commercial real estate:
Commercial mortgages		-		7,876		2,764		17		797		217		11,671
SBA Loans		-		588		-		-		81		-		669
Construction		-		419		-		-		-		-		419
Religious organizations		48		7,560		835		-		187		-		8,630
		48		16,049		3,599		17		1,065		217		21,389
Total commercial loans	$	298	$	17,021	$	3,770	$	36	$	1,375	$	293	$	23,187

	Residential Mortgage and Consumer Loans December 31, 2017
	Performing		Nonperforming		Total
Consumer Real Estate:
Home equity	$	229	$	412	$	641
Home equity line of credit		17		-		17
1-4 family residential mortgages		1,023		48		1,071
		1,269		460		1,729
Consumer Other:
Student loans		645		55		700
Other		108		1		109
		753		56		809
Total consumer loans	$	2,022	$	516	$	2,538

Schedule of Activity in the Allowance for Loan Losses

(in 000’s)	Year to Date ended December 31, 2018
	Commercial and industrial			Commercial real estate			Consumer real estate			Consumer loans other			Unallocated		Total
Beginning balance	$	7		$	155		$	10		$	8		$	-	$	180
Provision for possible loan losses		300			(3	)		(6	)		(7	)		33		317
Charge-offs		(208	)		(18	)		-			(8	)		-		(234	)
Recoveries		3			5			-			7			-		15
Net charge-offs		(205	)		(13	)		-			-			-		(219	)
Ending balance	$	102		$	139		$	4		$	-		$	33	$	278

(in 000’s)	Year to Date ended December 31, 2017
	Commercial and industrial			Commercial real estate			Consumer real estate			Consumer loans other			Unallocated			Total
Beginning balance	$	68		$	179		$	10		$	11		$	32		$	300
Credit for possible loan losses		(65	)		28			(10	)		(3	)		(32	)		(82	)
Charge-offs		-			(52	)		(18	)		(5	)		-			(75	)
Recoveries		4			-			28			5			-			37
Net charge-offs		4			(52	)		10			-			-			(38	)
Ending balance	$	7		$	155		$	10		$	8		$	-		$	180

Schedule of Temporary Impairment Losses, Investments

(in 000’s)	Year to Date ended December 31, 2018
	Commercial and industrial		Commercial real estate		Consumer real estate		Consumer loans other		Unallocated		Total
Period-end amount allocated to:
Loans individually evaluated for impairment	$	95	$	44	$	-	$	-	$	-	$	139
Loans collectively evaluated for impairment		7		95		4		-		33		139
	$	102	$	139	$	4	$	-	$	33	$	278
Loans, ending balance:
Loans individually evaluated for impairment	$	289	$	1,148	$	-	$	-	$	-	$	1,437
Loans collectively evaluated for impairment		1,256		15,890		1,226		734		-		19,106
Total	$	1,545	$	17,038	$	1,226	$	734	$	-	$	20,543

(in 000’s)	Year to Date ended December 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	$	-	$	-	$	-	$	-	$	-	$	-
Loans collectively evaluated for impairment		7		155		10		8				180
	$	7	$	155	$	10	$	8	$	-	$	180
Loans, ending balance:
Loans individually evaluated for impairment	$	76	$	1,201	$	-	$	-	$	-	$	1,277
Loans collectively evaluated for impairment		1,722		20,188		1,729		809				24,448
Total	$	1,798	$	21,389	$	1,729	$	809	$	-	$	25,725