Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2019

Loans and Allowance for Loan Losses

Summary of bank loan

(in 000’s)	March 31, 2019		December 31, 2018
Commercial and industrial	$	1,416	$	1,545
Commercial real estate		16,155		17,038
Consumer real estate		1,172		1,226
Consumer loans other		705		734
Total loans	$	19,448	$	20,543

Summary of allowance for loan losses

(in 000’s)	For the Three months ended March 31, 2019
	Commercial and  industrial			Commercial real estate			Consumer real estate			Consumer loans  Other			Unallocated		Total
Beginning balance	$	102		$	139		$	4		$	-		$	33	$	278
Provision (credit) for loan losses		(5	)		(38	)		(7	)		(2	)		-		(52	)
Charge-offs		(14	)		-			-			-			-		(14	)
Recoveries		2			-			7			2			-		11
Net (charge-offs) recoveries		(12	)		-			7			2			-		(3	)
Ending balance	$	85		$	101		$	4		$	-		$	33	$	223

(in 000’s)	For the Three months ended March 31, 2018
	Commercial and industrial		Commercial real Estate		Consumer real estate			Consumer loans Other			Unallocated		Total
Beginning balance	$	7	$	155	$	10		$	8		$	-	$	180
Credit for loan losses		-		3		(4	)		1			20		20
Charge-offs		-		-		-			(5	)		-		(5	)
Recoveries		1		-		-			6			-		7
Net recoveries		1		-		-			1			-		2
Ending balance	$	8	$	158	$	6		$	10		$	20	$	202

(in 000’s)	March 31, 2019
	Commercial and industrial		Commercial real Estate		Consumer real estate		Consumer loans Other		Unallocated		Total
Period-end amount allocated to:
Loans individually evaluated for impairment	$	81	$	-	$	-	$	-	$	-	$	81
Loans collectively  evaluated for impairment		4		101		4		-		33		142
	$	85	$	101	$	4	$	-	$	33	$	223
Loans, ending balance:
Loans individually evaluated for impairment	$	288	$	1,142	$	-	$	-	$	-	$	1,430
Loans collectively evaluated for impairment		1,128		15,013		1,172		705		-		18,018
Total	$	1,416	$	16,155	$	1,172	$	705	$	-	$	19,448

(in 000’s)	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

Nonperforming and Nonaccrual and Past Due Loans

			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	$	-	$	-	$	-	$	-	$	1,067	$	1,067
SBA loans		-		-		-		-		-		-
Asset-based		-		-		76		76		273		349
Total Commercial and industrial		-		-		76		76		1,341		1,416
Commercial real estate:
Commercial mortgages		457		-		882		1,339		7,515		8,914
SBA loans		-		-		67		67		175		242
Construction		-		-		-		-		-		-
Religious organizations		-		-		179		179		6,820		6,999
Total Commercial real estate		457		-		1,128		1,585		14,570		16,155
Consumer real estate:
Home equity loans		-		150		280		430		164		594
Home equity lines of credit		-		-		-		-		14		14
1-4 family residential mortgages		-		-		54		54		510		564
Total consumer real estate		-		150		334		484		688		1,172
Total real estate		457		150		1,462		2,069		15,258		17,327
Consumer and other:
Student loans		89		69		-		158		462		620
Other		-		2		-		2		83		85
Total consumer and other		89		71		-		160		545		705
Total loans	$	546	$	221	$	1,538	$	2,305	$	17,144	$	19,448

			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	$	-	$	-	$	-	$	-	$	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
Total real estate
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

Consumer real estate and other loans

(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	$	212	$	-	$	212	$	212	$	81
SBA loans		-		-		-		-		-
Asset-based		76		-		76		76		-
Total commercial and industrial		288		-		288		288		81
Commercial real estate:
Commercial mortgages		894		894		-		894		-
SBA Loans		69		69		-		69		-
Religious organizations		179		179		-		179		-
Total commercial real estate		1,142		1,142		-		1,142		-
Total loans	$	1,430	$	1,142	$	288	$	1,430	$	81

Impaired loans as of December 31, 2018 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	$	213	$	-	$	213	$	213	$	81
SBA		-		-		-		-		-
Asset based		76		-		76		76		14
Total Commercial and industrial		289		-		289		289		95
Commercial real estate:
Commercial mortgages		898		739		159		898		13
SBA  Loans		71		71		-		71		-
Religious Organizations		179		-		179		179		31
Total Commercial real estate		1,148		810		338		1,148		44
Total loans	$	1,437	$	810	$	627	$	1,437	$	139

interest income

(In 000’s)	Three Months Ended  March 31, 2019				Three Months Ended  March 31, 2018
	Average		Interest recognized		Average		Interest recognized
	Recorded		on impaired		Recorded		on impaired
	Investment		Loans		Investment		Loans
Commercial and industrial:
Commercial	$	212	$	3	$	-	$	-
SBA  loans		-		-		-		-
Asset-based		76		-		76		-
Total commercial and industrial		288		3		76		-
Commercial real estate:
Commercial mortgages		786		-		965		-
SBA loans		69		-		79		-
Religious organizations		179		-		185		-
Total commercial real estate		1,034		-		1,229		-
Total loans	$	1,322	$	3	$	1,305	$	-

Summary of bank loans by class

(In 000’s)	Commercial Loans March 31, 2019
	Good/ Excellent		Satisfactory		Pass		Special Mention		Substandard		Doubtful		Total
Commercial and industrial:
Commercial	$	250	$	601	$	-	$	4	$	212	$	-		1,067
SBA loans		-		-		-		-		-		-		-
Asset-based		-		273		-		-		-		76		349
		250		874		-		4		212		76		1,416
Commercial real estate:
Commercial mortgages		-		6,463		1,720		-		527		204		8,914
SBA Loans		-		175		-		-		67		-		242
Construction		-		-		-		-		-		-		-
Religious organizations		19		4,725		2,076		-		179		-		6,999
		19		11,363		3,796		-		773		204		16,155
Total commercial loans	$	269	$	12,237	$	3,796	$	4	$	1,668	$	280	$	17,571

	Residential Mortgage and Consumer Loans March 31, 2019
	Performing		Nonperforming		Total
Consumer Real Estate:
Home equity	$	314	$	430	$	744
Home equity line of credit		14		-		14
1-4 family residential mortgages		510		54		564
		838		484		1,322
Consumer Other:
Student loans		620		69		689
Other		85		2		87
		705		71		776
Total  consumer loans	$	1,543	$	555	$	2,098

(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		964		124		-		231		76		1,545
Commercial real estate:
Commercial mortgages		-		5,814		2,579		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	$	48,952	$	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