6. Loans and Allowance For Loan Losses (Tables)

3 Months Ended

Mar. 31, 2016

Table Text Block Supplement [Abstract]

Schedule of the Composition of Net Loans

(in 000’s)	March 31, 2016		December 31, 2015
Commercial and industrial	$	3,216	$	3,062
Commercial real estate		24,598		26,414
Consumer real estate		2,794		2,841
Consumer loans other		1,109		1,202
Total loans	$	31,717	$	33,519

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, 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		(32	)		(9	)		6		—			(35	)
Charge-offs		—			—			—		(2	)		(2	)
Recoveries		1			—			—		2			3
Net (charge-offs)recoveries		1			—			—		—			1
Ending balance	$	120		$	241		$	14	$	9		$	384

(in 000's)	For the Three months ended March 31, 2015
	Commercial and industrial			Commercial real estate		Consumer real estate		Consumer loans Other			Total
Beginning balance	$	403		$	300	$	20	$	12		$	735
Credit for loan losses		(60	)		—		—		—			(60	)
Charge-offs		—			—		—		(12	)		(12	)
Recoveries		1			—		1		15			17
Net recoveries		1			—		1		3			5
Ending balance	$	344		$	300	$	21	$	15		$	680

(in 000's)			March 31, 2016
	Commercial and industrial		Commercial real estate		Consumer real estate		Consumer loans other		Total
Period-end amount allocated to:
Loans individually evaluated for impairment	$	9	$	110	$	—	$	—	$	119
Loans collectively  evaluated for impairment		111		131		14		9		265
	$	120	$	241	$	14	$	9	$	384
Loans, ending balance:
Loans individually evaluated for impairment	$	194	$	2,034	$	—	$	—	$	2,228
Loans collectively  evaluated for impairment		3,022		22,564		2,794		1,109		29,489
Total	$	3,216	$	24,598	$	2,794	$	1,109	$	31,717

(in 000's)					December 31, 2015
	Commercial and industrial		Commercial real estate		Consumer real estate		Consumer loans other		Total
Period-end amount allocated to:
Loans indivdually evaluated for impairment	$	—	$	91	$	—	$	—	$	91
Loans collectively  evaluated for impairment		151		159		8		9		327
	$	151	$	250	$	8	$	9	$	418
Loans, ending balance:
Loans indivdually evaluated for impairment	$	439	$	2,076	$	—	$	—	$	2,515
Loans collectively  evaluated for impairment		2,623		24,338		2,841		1,202		31,004
Total	$	3,062	$	26,414	$	2,841	$	1,202	$	33,519

Schedule of Age Analysis of Past Due Loans

An age analysis of past due loans, segregated by class of loans, as of March 31, 2016 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	$	58	$	—	$	110	$	168	$	1,349	$	1,517
SBA loans		—		—		40		40		215		255
Asset-based		—		—		289		289		1,155		1,444
Total Commercial and industrial		58		—		439		497		2,719		3,216
Commercial real estate:
Commercial mortgages		—		27		1,323		1,350		10,953		12,303
SBA loans		—		—		266		266		500		766
Construction		—		—		—		—		1,235		1,235
Religious organizations		—		—		445		445		9,849		10,294
Total Commercial real estate		—		27		2,034		2,061		22,537		24,598
Consumer real estate:
Home equity loans		31		148		358		537		345		882
Home equity lines of credit		—		—		—		—		20		20
1-4 family residential mortgages		—		—		129		129		1,763		1,892
Total consumer real estate		31		148		487		666		2,128		2,794
Total real estate		31		175		2,521		2,727		24,665		27,392
Consumer and other:
Student loans		100		85		—		185		822		1,007
Other		—		1		—		1		101		102
Total consumer and other		100		86		—		186		923		1,109
Total loans	$	189	$	261	$	2,960	$	3,410	$	28,307	$	31,717

An age analysis of past due loans, segregated by class of loans, as of December 31, 2015 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	$	—	$	—	$	110	$	110	$	1,425	$	1,535
SBA loans		—		—		40		40		—		40
Asset-based		11		—		289		300		1,187		1,487
Total Commercial and industrial		11		—		439		450		2,612		3,062
Commercial real estate:
Commercial mortgages		169		39		1,335		1,543		12,231		13,774
SBA loans		—		—		271		271		82		353
Construction		—		—		—		—		2,175		2,175
Religious organizations		—		—		471		471		9,641		10,112
Total Commercial real estate		169		39		2,077		2,285		24,129		26,414
Consumer real estate:
Home equity loans		56		125		358		539		358		897
Home equity lines of credit		—		—		—		—		20		20
1-4 family residential mortgages		35		—		129		164		1,760		1,924
Total consumer real estate		91		125		487		703		2,138		2,841
Total real estate		260		164		2,564		2,988		26,267		29,255
Consumer and other:
Student loans		66		129		—		195		886		1,081
Other		2		—		—		2		119		121
Total consumer and other		68		129		—		197		1,005		1,202
Total loans	$	339	$	293	$	3,003	$	3,635	$	29,884	$	33,519

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, 2016
	Good/ Excellent	Satisfactory	Pass	Special Mention	Substandard		Doubtful	Total
Commercial and industrial:
Commercial	$ 300	$ 949	$ 15	$ -	$ 253		$ -	$ 1,517
SBA loans	-	215	-	-	40		-	255
Asset-based	-	863	216	-	289		76	1,444
	300	2,027	231	-	582		76	3,216
Commercial real estate:
Commercial mortgages	-	8,408	1,965	580	1,128		222	12,303
SBA Loans	-	500	-	-	266		-	766
Construction	-	1,235	-	-	-		-	1,235
Religious organizations	38	9,096	-	715	445		-	10,294
	38	19,239	1,965	1,295	1,839		222	24,598
Total commercial loans	$ 338	$ 21,266	$ 2,196	$ 1,295	$ 2,421		$ 298	$ 27,814
			Residential Mortgage and Consumer Loans March 31, 2016
	Performing		Nonperforming			Total
Consumer Real Estate:
Home equity	$ 524		$ 358			$ 882
Home equity line of credit	20		-			20
1-4 family residential mortgages	1,763		129			1,892
	2,307		487			2,794
Consumer Other:
Student loans	1,007		-			1,007
Other	102		-			102
	1,109		-			1,109
Total  consumer loans	$ 3,416		$ 487			$ 3,903

(In 000's)					Commercial Loans,
					December 31, 2015
	Good/						Special
	Excellent		Satisfactory		Pass		Mention		Substandard		Doubtful		Total
Commercial and industrial:
Commercial	$	285	$	922	$	16	$	58	$	254	$	—	$	1,535
SBA loans		—		—		—		—		40		—		40
Asset-based		—		900		222		—		289		76		1,487
		285		1,822		238		58		583		76		3,062
Commercial real estate:
Commercial mortgages		—		10,689		1,098		613		1,151		223		13,774
SBA Loans		—		82		—		—		271		—		353
Construction		—		2,175		—		—		—		—		2,175
Religious organizations		—		7,624		1,131		886		471		—		10,112
		—		20,570		2,229		1,499		1,893		223		26,414
Total commercial loans	$	285	$	22,392	$	2,467	$	1,557	$	2,476	$	299	$	29,476

			Residential Mortgage and
			Consumer Loans
			December  31, 2015
	Performing		Nonperforming		Total
Consumer Real Estate:
Home equity	$	539	$	358	$	897
Home equity line of credit		20		—		20
1-4 family residential mortgages		1,795		129		1,924
		2,354		487		2,841
Consumer Other:
Consumer Installment		—		—		—
Student loans		1,081		—		1,081
Other		121		—		121
		1,202		—		1,202
Total  consumer loans	$	3,556	$	487	$	4,043

Schedule of Impaired Loans

Impaired loans as of March 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	$	110	$	110	$	—	$	110	$	—
SBA Loans		40		40		—		40		—
Asset-based		289		—		46		46		9
Total commercial and industrial		439		150		46		196		9
Commercial real estate:
Commercial mortgages		1,535		808		515		1,323		106
SBA Loans		266		—		266		266		4
Religious organizations		445		445		—		445		—
Total commercial real estate		2,246		1,253		781		2,034		110
Total loans	$	2,685	$	1,403	$	827	$	2,228	$	119

Impaired loans as of December 31, 2015 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	$	818	$	353	$	—	$	353	$	—
SBA loans		46		46		—		46		—
Asset-based		40		40		—		40		—
Total commercial and industrial		904		439		—		439		—
Commercial real estate:
Commercial mortgages		1,334		810		524		1,334		91
SBA Loans		271		271		—		271		—
Religious organizations		471		471		—		471		—
Total commercial real estate		2,076		1,552		524		2,076		91
Total loans	$	2,980	$	1,991	$	524	$	2,515	$	91

Schedule of Interest Income on Impaired Loans

The Bank recognizes interest income on impaired loans under the cash basis when the collateral on the loan is sufficient to cover the outstanding obligation to the Bank.   If these factors do not exist, the Bank will record interest payments on the cost recovery basis. The following tables present additional information about impaired loans.

(In 000's)	Three Months Ended March 31, 2016				Three Months Ended March 31, 2015
	Average		Interest recognized		Average		Interest recognized
	Recorded		on impaired		Recorded		on impaired
	Investment		Loans		Investment		Loans
Commercial and industrial:
Commercial	$	109	$	—	$	335	$	—
SBA  loans		39		—		62		—
Asset-based		46		—		15		1
Total commercial and industrial		194		—		412		1
Commercial real estate:
Commercial mortgages		1,329		2		869		—
SBA loans		268		2		116		—
Religious organizations		454		—		513		—
Total commercial real estate		2,051		4		1,498		—
Total loans	$	2,245	$	4	$	1,910	$	1