Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2019

Loans and Allowance for Loan Losses

Schedule of categories of loans

	(Dollars in Thousands)
	March 31, 2019		December 31, 2018
Commercial	$	64,710	$	61,551
Commercial real estate:
Construction		41,186		36,829
Other		179,692		180,800
Residential real estate		89,061		88,797
Consumer:
Auto		837		841
Other		2,436		2,726
Total Loans		377,922		371,544
Less: Allowance for loan losses		(4,399)		(4,373)
Net loans	$	373,523	$	367,171

Schedule of activity in the allowance for loan losses

The following table sets forth an analysis of our allowance for loan losses for the three months ending March 31, 2019 and 2018.

	(Dollars in Thousands)
March 31, 2019	Commercial		Commercial Real Estate		Residential Real Estate		Consumer		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	592	$	3,122	$	611	$	9	$	39	$	4,373
Provision (credit) for loan losses		59		(62)		5		5		(7)		—
Loans charged-off		—		—		—		(5)		—		(5)
Recoveries		18		12		1		—		—		31
Total ending allowance balance	$	669	$	3,072	$	617	$	9	$	32	$	4,399

	(Dollars in Thousands)
March 31, 2018	Commercial		Commercial Real Estate		Residential Real Estate		Consumer		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	633	$	3,515	$	554	$	10	$	12	$	4,724
Provision (credit) for loan losses		22		(40)		45		—		3		30
Loans charged-off		(38)		—		(27)		(1)		—		(66)
Recoveries		—		—		4		1		—		5
Total ending allowance balance	$	617	$	3,475	$	576	$	10	$	15	$	4,693

Schedule of balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method

	(Dollars in Thousands)
March 31, 2019	Commercial		Commercial Real Estate		Residential Real Estate		Consumer		Unallocated		Total
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	—	$	50	$	—	$	—	$	—	$	50
Collectively evaluated		669		3,022		617		9		32		4,349
Total ending allowance balance	$	669	$	3,072	$	617	$	9	$	32	$	4,399
Loans:
Individually evaluated for impairment	$	—	$	1,249	$	137	$	3	$	—	$	1,389
Collectively evaluated		64,710		219,629		88,924		3,270		—		376,533
Total ending loans balance	$	64,710	$	220,878	$	89,061	$	3,273	$	—	$	377,922

	(Dollars in Thousands)
December 31, 2018	Commercial		Commercial Real Estate		Residential Real Estate		Consumer		Unallocated		Total
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	—	$	48	$	—	$	—	$	—	$	48
Collectively evaluated		592		3,074		611		9		39		4,325
Total ending allowance balance	$	592	$	3,122	$	611	$	9	$	39	$	4,373
Loans:
Individually evaluated for impairment	$	—	$	1,270	$	147	$	4	$	—	$	1,421
Collectively evaluated		61,551		216,359		88,650		3,563		—		370,123
Total ending loans balance	$	61,551	$	217,629	$	88,797	$	3,567	$	—	$	371,544

Schedule of impaired loans by class of loans

	(Dollars in Thousands)						(Dollars in Thousands)
	March 31, 2019						December 31, 2018
	Unpaid Principal Balance		Recorded Investment		Allowance forLoan Losses Allocated		Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated
With no related allowance recorded:
Commercial	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate:
Other		1,182		1,182		—		1,202		1,202		—
Residential real estate		137		137		—		147		147		—
Consumer:
Other		3		3		—		4		4		—
Subtotal	$	1,322	$	1,322	$	—	$	1,353	$	1,353	$	—
With an allowance recorded:
Commercial real estate:
Other	$	67	$	67	$	50	$	68	$	68	$	48
Subtotal	$	67	$	67	$	50	$	68	$	68	$	48
Total	$	1,389	$	1,389	$	50	$	1,421	$	1,421	$	48

Information on impaired loans for the three months ending March 31, 2019 and 2018 is as follows:

	(Dollars in Thousands)						(Dollars in Thousands)
	March 31, 2019						March 31, 2018
	Average Recorded Investment		Interest Income Recognized		Cash Basis Interest Recognized		Average Recorded Investment		Interest Income Recognized		Cash Basis Interest Recognized
Commercial	$	—	$	—	$	—	$	1	$	—	$	—
Commercial real estate:
Other		1,260		17		1		2,078		25		1
Residential real estate		137		2		—		157		2		1
Consumer:
Other		3		—		—		6		—		—
Total	$	1,400	$	19	$	1	$	2,242	$	27	$	2

Schedule of recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans

	(Dollars in Thousands)				(Dollars in Thousands)
	March 31, 2019				December 31, 2018
	Loans Past Due 90 Days and Over and Still Accruing		Nonaccrual		Loans Past Due 90 Days and Over and Still Accruing		Nonaccrual
Commercial real estate:
Other		—		1,183		—		1,202
Residential real estate		—		87		—		96
Total	$	—	$	1,270	$	—	$	1,298

Schedule of aging of the recorded investment in past due loans by class of loans

	(Dollars in Thousands)
	30-59 Days Past Due		60-89 Days Past Due		90 and Over Days Past Due		Total Past Due		Current		Total
March 31, 2019
Commercial	$	156	$	—	$	—	$	156	$	64,554	$	64,710
Commercial real estate:
Construction		—		—		—		—		41,186		41,186
Other		117		—		—		117		179,575		179,692
Residential real estate		53		74		87		214		88,847		89,061
Consumer:
Auto		—		—		—		—		837		837
Other		—		—		—		—		2,436		2,436
Subtotal	$	326	$	74	$	87	$	487	$	377,435	$	377,922

	(Dollars in Thousands)
	30-59 Days Past Due		60-89 Days Past Due		90 and Over Days Past Due		Total Past Due		Current		Total
December 31, 2018
Commercial	$	—	$	11	$	—	$	11	$	61,540	$	61,551
Commercial real estate:
Construction		—		—		—		—		36,829		36,829
Other		—		—		—		—		180,800		180,800
Residential real estate		—		37		97		134		88,663		88,797
Consumer:
Auto		—		—		—		—		841		841
Other		5		—		—		5		2,721		2,726
Subtotal	$	5	$	48	$	97	$	150	$	371,394	$	371,544

Schedule of risk category of loans by class of loans based on the most recent analyses performed

	(Dollars in Thousands)
	Pass		Special Mention		Substandard		Doubtful		Total
March 31, 2019
Commercial	$	64,459	$	—	$	251	$	—	$	64,710
Commercial real estate:
Construction		41,186		—		—		—		41,186
Other		178,342		—		1,350		—		179,692
Residential real estate		88,974		—		87		—		89,061
Consumer:
Auto		837		—		—		—		837
Other		2,428		—		8		—		2,436
Total	$	376,226	$	—	$	1,696	$	—	$	377,922

	(Dollars in Thousands)
	Pass		Special Mention		Substandard		Doubtful		Total
December 31, 2018
Commercial	$	60,961	$	—	$	590	$	—	$	61,551
Commercial real estate:
Construction		36,829		—		—		—		36,829
Other		179,419		—		1,381		—		180,800
Residential real estate		88,664		—		133		—		88,797
Consumer:
Auto		841		—		—		—		841
Other		2,719		—		7		—		2,726
Total	$	369,433	$	—	$	2,111	$	—	$	371,544