6. Loans and Allowance For Loan Losses (Tables)

9 Months Ended

Sep. 30, 2016

Table Text Block Supplement [Abstract]

Schedule of the Composition of Net Loans

(in 000’s)	September 30, 2016	December 31, 2015
Commercial and industrial	$ 2,292	$  3,062
Commercial real estate	22,442	26,414
Consumer real estate	2,517	2,841
Consumer loans other	1,054	1,202
Total loans	$28,305	$ 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 September 30, 2016
	Commercial and industrial			Commercial real estate		Consumer real estate	Consumer loans Other	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-offs) recoveries	1			(1)		6	1	7
Ending balance	$ 129			$ 169		$   8	$    11	$    317
(in 000's)		For the Three months ended September 30, 2015
	Commercial and industrial		Commercial real estate		Consumer real estate		Consumer loans Other	Total
Beginning balance	$     320		$     236		$      23		$         17	$   596
Provision (credit) for loan losses	100		(9)		(4)		(4)	83
Charge-offs	(212)		-		-		(2)	$ (214)
Recoveries	2		-		1		1	4
Net (charge-off) recoveries	(210)		-		1		(1)	(210)
Ending balance	$     210		$ 227		$  20		$  12	$  469
(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)		For the Nine months ended September 30, 2015
	Commercial and industrial		Commercial real estate	Consumer real estate	Consumer loans Other	Total
Beginning balance	$      403		$      300	$      20	$      12	$    735
Provision (credit) for loan losses	63		(73)	(4)	(3)	(17)
Charge-offs	(259)		-	-	(15)	(274)
Recoveries	3		-	4	18	25
Net (charge-offs)recoveries	(256)		-	4	3	(249)
Ending balance	$210		$     227	$     20	$      12	$    469

(in 000's)		September 30, 2016
	Commercial and industrial		Commercial real estate	Consumer real estate	Consumer loans Other	Total
Period-end amount allocated to:
Loans individually evaluated for impairment	$           -		$    71	$    -	$   -	$       71
Loans collectively  evaluated for impairment	129		98	8	11	246
	$       129		$  169	$   8	$ 11	$     317
Loans, ending balance:
Loans individually evaluated for impairment	$     437		$   1,738	$         -	$          -	$    2,175
Loans collectively  evaluated for impairment	1,855		20,704	2,517	1,054	26,130
Total	$   2,292		$  22,442	$   2,517	$   1,054	$  28,305

(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 individually evaluated for impairment	$    -	$    91	$       -	$      -	$      91
Loans collectively  evaluated for impairment	151	159	8	9	327
	$    151	$   250	$      8	$     9	$     418
Loans, ending balance:
Loans individually 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 September 30, 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	$        30	$     -	$     109	$    139	$   820	$    959
SBA loans	-	-	39	39	-	39
Asset-based	-	-	289	289	1,005	1,294
Total Commercial and industrial	30	-	437	467	1,825	2,292
Commercial real estate:
Commercial mortgages	-	14	1,280	1,294	10,608	11,902
SBA loans	-	-	259	259	162	421
Construction	-	-	-	-	843	843
Religious organizations	-	-	199	199	9,077	9,276
Total Commercial real estate	-	14	1,738	1,752	20,690	22,442
Consumer real estate:
Home equity loans	30	147	323	500	311	811
Home equity lines of credit	-	-	-	-	19	19
1-4 family residential mortgages	34	-	136	170	1,517	1,687
Total consumer real estate	64	147	459	670	1,847	2,517
Total real estate	64	161	2,197	2,422	22,537	24,959
Consumer and other:
Student loans	85	38	-	123	741	864
Other	1	1	-	2	188	190
Total consumer and other	86	39	-	125	929	1,054
Total loans	$    180	$  200	$  2,634	$  3,014	$  25,291	$    28,305

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 September 30, 2016
	Good/ Excellent	Satisfactory	Pass	Special Mention	Substandard	Doubtful	Total
Commercial and industrial:
Commercial	$   250	$   344	$    70	$      43	$    252	$  -	$  959
SBA loans	-			-	39		39
Asset-based	-	727	202	-	289	76	1,294
	250	1,071	272	43	580	76	2,292
Commercial real estate:
Commercial mortgages	-	8,664	1,389	554	1,074	221	11,902
SBA Loans	-	162	-	-	259	-	421
Construction	-	843	-	-	-	-	843
Religious organizations	53	8,098	61	865	199	-	9,276
	53	17,767	1,450	1,419	1,532	221	22,442
Total commercial loans	$  303	$  18,838	$  1,722	$  1,462	$  2,112	$  297	$ 24,734

(In 000's)		Residential Mortgage and Consumer Loans September 30, 2016
	Performing		Nonperforming	Total
Consumer Real Estate:
Home equity	$   488		$   323	$   811
Home equity line of credit	19		-	19
1-4 family residential mortgages	1,551		136	1,687
	2,058		459	2,517
Consumer Other:
Consumer Installment	-		-	-
Student loans	864		-	864
Other	190		-	190
	1,054		-	1,054
Total  consumer loans	$  3,112		$   459	$  3,571

(In 000's)			Commercial Loans, December 31, 2015
	Good/ Excellent	Satisfactory	Pass	Special 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	$    22,393	$    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 September 30, 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	$   109	$   109	$      -	$  109	$    -
SBA Loans	39	39	-	39	-
Asset-based	289	289	-	289	-
Total commercial and industrial	437	437	-	437	-
Commercial real estate:
Commercial mortgages	1,280	806	474	1,280	67
SBA Loans	259	162	97	259	4
Religious organizations	199	199	-	199	-
Total commercial real estate	1,738	1,167	571	1,738	71
Total loans	$  2,175	$ 1,604	$  571	$  2,175	$  71

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 September 30, 2016		Three Months Ended September 30, 2015
	Average	Interest recognized	Average	Interest recognized
	Recorded	on impaired	Recorded	on impaired
	Investment	Loans	Investment	Loans
Commercial and industrial:
Commercial	$   109	$      -	$  160	$      -
SBA  loans	39	-	40	1
Asset-based	289	-	46	1
Total commercial and industrial	437	-	246	2
Commercial real estate:
Commercial mortgages	1,280	1	976	-
SBA loans	162	-	110	-
Religious organizations	200	-	488	-
Total commercial real estate	1,642	1	1,574	-
Total loans	$   2,079	$    1	$ 1,820	$    2

(In 000's)	Nine Months Ended September 30, 2016		Nine Months Ended September 30, 2015
	Average	Interest recognized	Average	Interest recognized
	Recorded	on impaired	Recorded	on impaired
	Investment	Loans	Investment	Loans
Commercial and industrial:
Commercial	$     109	$    -	$    188	$      -
SBA  loans	39	-	58	2
Asset-based	289	-	36	2
Total commercial and industrial	437	-	282	4
Commercial real estate:
Commercial mortgages	1,422	5	971	-
SBA loans	304	3	112	-
Religious organizations	299	-	496	2
Total commercial real estate	2,025	8	1,579	2
Total loans	$   2,462	$  8	$   1,861	$    6