Loans and Allowance (Tables)

12 Months Ended

Dec. 31, 2019

Loans and Allowance [Abstract]

Schedule of Classes of Loans

Classes of loans at December 31, 2019 and 2018 include:

	December 31,		December 31,
	2019		2018
Real estate
Commercial	$	504,241	$	485,808
Commercial construction and development		49,496		53,310
Consumer closed end first mortgage		415,865		464,539
Consumer open end and junior liens		75,596		77,072
Total real estate loans		1,045,198		1,080,729
Other loans
Consumer loans
Auto		57,107		43,667
Boat/RVs		213,305		216,608
Other consumer loans		7,319		6,893
Commercial and industrial		166,019		149,359
Total other loans		443,750		416,527
Total loans		1,488,948		1,497,256
Undisbursed loans in process		(7,516)		(10,096)
Unamortized deferred loan costs, net		8,800		8,783
Allowance for loan losses		(13,307)		(13,281)
Net loans	$	1,476,925	$	1,482,662

Non-Accrual Loans Segregated by Class of Loans

Year-end non-accrual loans, segregated by class of loans, were as follows:

	December 31,		December 31,
	2019		2018
Real estate
Commercial	$	756	$	4,782
Commercial construction and development		631		62
Consumer closed end first mortgage		3,682		2,777
Consumer open end and junior liens		352		273
Other loans
Consumer loans
Auto		256		88
Boat/RVs		944		470
Other consumer loans		51		46
Commercial and industrial		368		91
Total nonaccrual loans	$	7,040	$	8,589

Age Analysis of Past Due Loans Segregated by Class of Loans

An age analysis of the Company’s past due loans, segregated by class of loans, as of December 31, 2019 and 2018 are as follows:

	December 31, 2019
													Total Loans
													90 Days
	30‑59		60‑89		90 Days		Total				Total		Past Due
	Days Past		Days Past		or More		Past				Loans		and
	Due		Due		Past Due		Due		Current		Receivable		Accruing
Real estate
Commercial	$	2,218	$	2,751	$	422	$	5,391	$	498,850	$	504,241	$	-
Commercial construction and development		114		-		631		745		48,751		49,496		-
Consumer closed end first mortgage		5,731		1,774		2,294		9,799		406,066		415,865		156
Consumer open end and junior liens		447		220		308		975		74,621		75,596		-
Other loans
Consumer loans
Auto		424		104		208		736		56,371		57,107		-
Boat/RVs		1,892		692		475		3,059		210,246		213,305		-
Other consumer loans		128		68		49		245		7,074		7,319		-
Commercial and industrial		855		108		368		1,331		164,688		166,019		-
Total	$	11,809	$	5,717	$	4,755	$	22,281	$	1,466,667	$	1,488,948	$	156

	December 31, 2018
													Total Loans
													90 Days
	30‑59		60‑89		90 Days		Total				Total		Past Due
	Days Past		Days Past		or More		Past				Loans		and
	Due		Due		Past Due		Due		Current		Receivable		Accruing
Real estate
Commercial	$	1,145	$	536	$	4,377	$	6,058	$	479,750	$	485,808	$	-
Commercial construction and development		4,633		-		61		4,694		48,616		53,310		-
Consumer closed end first mortgage		7,847		1,662		2,696		12,205		452,334		464,539		517
Consumer open end and junior liens		353		114		220		687		76,385		77,072		-
Other loans
Consumer loans
Auto		257		16		72		345		43,322		43,667		-
Boat/RVs		2,174		594		350		3,118		213,490		216,608		-
Other consumer loans		65		8		41		114		6,779		6,893		-
Commercial and industrial		617		93		91		801		148,558		149,359		-
Total	$	17,091	$	3,023	$	7,908	$	28,022	$	1,469,234	$	1,497,256	$	517

Impaired Loans

The following tables present impaired loans as of December 31, 2019, 2018 and 2017:

	December 31, 2019
							Average
			Unpaid				Investment		Interest
	Recorded		Principal		Specific		in Impaired		Income
	Balance		Balance		Allowance		Loans		Recognized
Loans without a specific valuation allowance
Real estate
Commercial	$	5,542	$	5,542	$	-	$	5,878	$	377
Commercial construction and development		642		642		-		496		17
Consumer closed end first mortgage		844		844		-		903		-
Other loans
Commercial and industrial		44		44		-		86		2
Loans with a specific valuation allowance
Real estate
Consumer closed end first mortgage		337		337		40		269		-
Other loans
Consumer loans
Boat and RV		251		251		87		101		-
Total
Real estate
Commercial	$	5,542	$	5,542	$	-	$	5,878	$	377
Commercial construction and development	$	642	$	642	$	-	$	496	$	17
Consumer closed end first mortgage	$	1,181	$	1,181	$	40	$	1,172	$	-
Other loans
Consumer loans
Boat and RV	$	251	$	251	$	87	$	101	$	-
Commercial and industrial	$	44	$	44	$	-	$	86	$	2
Total	$	7,660	$	7,660	$	127	$	7,733	$	396

	December 31, 2018
							Average
			Unpaid				Investment		Interest
	Recorded		Principal		Specific		in Impaired		Income
	Balance		Balance		Allowance		Loans		Recognized
Loans without a specific valuation allowance
Real estate
Commercial	$	6,324	$	6,377	$	-	$	1,882	$	-
Commercial construction and development		549		549		-		633		27
Consumer closed end first mortgage		1,137		1,137		-		1,260		-
Commercial and industrial		131		131		-		167		5
Loans with a specific valuation allowance
Real estate
Commercial		174		214		100		206		-
Total
Real estate
Commercial	$	6,498	$	6,591	$	100	$	2,088	$	-
Commercial construction and development	$	549	$	549	$	-	$	633	$	27
Consumer closed end first mortgage	$	1,137	$	1,137	$	-	$	1,260	$	-
Commercial and industrial	$	131	$	131	$	-	$	167	$	5
Total	$	8,315	$	8,408	$	100	$	4,148	$	32

	December 31, 2017
							Average
			Unpaid				Investment		Interest
	Recorded		Principal		Specific		in Impaired		Income
	Balance		Balance		Allowance		Loans		Recognized
Loans without a specific valuation allowance
Real estate
Commercial	$	878	$	878	$	-	$	765	$	1
Commercial construction and development		700		700		-		762		33
Consumer closed end first mortgage		1,543		1,543		-		1,451		1
Commercial and industrial		272		342		-		216		5
Loans with a specific valuation allowance
Real estate
Commercial		214		214		100		214		-
Total
Real estate
Commercial	$	1,092	$	1,092	$	100	$	979	$	1
Commercial construction and development	$	700	$	700	$	-	$	762	$	33
Consumer closed end first mortgage	$	1,543	$	1,543	$	-	$	1,451	$	1
Commercial and industrial	$	272	$	342	$	-	$	216	$	5
Total	$	3,607	$	3,677	$	100	$	3,408	$	40

Commercial and Retail Credit Exposure Credit Risk Profile by Internal Rating

	December 31, 2019
	Commercial								Consumer
			Special
	Pass		Mention		Substandard		Doubtful		Pass		Substandard		Total
Real estate
Commercial	$	469,840	$	21,837	$	12,564	$	-					$	504,241
Commercial construction and development		46,384		2,112		1,000		-						49,496
Consumer closed end first mortgage									$	411,372	$	4,493		415,865
Consumer open end and junior liens										75,188		408		75,596
Other loans
Consumer loans
Auto										56,836		271		57,107
Boat/RVs										212,098		1,207		213,305
Other consumer loans										7,265		54		7,319
Commercial and industrial		158,312		3,205		4,502		-						166,019
	$	674,536	$	27,154	$	18,066	$	-	$	762,759	$	6,433	$	1,488,948

	December 31, 2018
	Commercial								Consumer
			Special
	Pass		Mention		Substandard		Doubtful		Pass		Substandard		Total
Real estate
Commercial	$	465,888	$	9,501	$	10,419	$	-					$	485,808
Commercial construction and development		46,649		6,112		549		-						53,310
Consumer closed end first mortgage									$	459,771	$	4,768		464,539
Consumer open end and junior liens										76,752		320		77,072
Other loans
Consumer loans
Auto										43,559		108		43,667
Boat/RVs										215,830		778		216,608
Other consumer loans										6,835		58		6,893
Commercial and industrial		141,705		4,009		3,645		-						149,359
	$	654,242	$	19,622	$	14,613	$	-	$	802,747	$	6,032	$	1,497,256

Activity in Allowance for Loan Losses by Portfolio Segment

The following tables detail activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2019, 2018 and 2017. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses on other segments.

	December 31, 2019
	Commercial		Mortgage		Consumer		Total
Allowance for loan losses:
Balance, beginning of period	$	8,426	$	1,548	$	3,307	$	13,281
Provision charged (credited) to expense		322		(79)		1,707		1,950
Losses charged off		(202)		(241)		(1,714)		(2,157)
Recoveries		28		4		201		233
Balance, end of period	$	8,574	$	1,232	$	3,501	$	13,307

	December 31, 2018
	Commercial		Mortgage		Consumer		Total
Allowance for loan losses:
Balance, beginning of period	$	7,704	$	1,761	$	2,922	$	12,387
Provision charged (credited) to expense		914		(57)		1,263		2,120
Losses charged off		(204)		(174)		(1,088)		(1,466)
Recoveries		12		18		210		240
Balance, end of period	$	8,426	$	1,548	$	3,307	$	13,281

	December 31, 2017
	Commercial		Mortgage		Consumer		Total
Allowance for loan losses:
Balance, beginning of year	$	7,358	$	2,303	$	2,721	$	12,382
Provision charged (credited) to expense		483		(271)		1,008		1,220
Losses charged off		(161)		(284)		(967)		(1,412)
Recoveries		24		13		160		197
Balance, end of period	$	7,704	$	1,761	$	2,922	$	12,387

The following tables provide a breakdown of the allowance for loan losses and loan portfolio balances by segment as of December 31, 2019, 2018 and 2017.

	December 31, 2019
	Commercial		Mortgage		Consumer		Total
Allowance balances
Individually evaluated for impairment	$	-	$	40	$	87	$	127
Collectively evaluated for impairment		8,574		1,192		3,414		13,180
Total allowance for loan losses	$	8,574	$	1,232	$	3,501	$	13,307
Loan balances
Individually evaluated for impairment	$	6,228	$	1,181	$	251	$	7,660
Collectively evaluated for impairment		713,528		414,684		353,076		1,481,288
Gross loans	$	719,756	$	415,865	$	353,327	$	1,488,948

	December 31, 2018
	Commercial		Mortgage		Consumer		Total
Allowance balances
Individually evaluated for impairment	$	100	$	-	$	-	$	100
Collectively evaluated for impairment		8,326		1,548		3,307		13,181
Loans acquired with deteriorated credit quality		-		-		-		-
Total allowance for loan losses	$	8,426	$	1,548	$	3,307	$	13,281
Loan balances
Individually evaluated for impairment	$	7,178	$	1,137	$	-	$	8,315
Collectively evaluated for impairment		681,299		463,402		344,240		1,488,941
Loans acquired with deteriorated credit quality		-		-		-		-
Gross loans	$	688,477	$	464,539	$	344,240	$	1,497,256

	December 31, 2017
	Commercial		Mortgage		Consumer		Total
Allowance balances
Individually evaluated for impairment	$	100	$	-	$	-	$	100
Collectively evaluated for impairment		7,604		1,761		2,922		12,287
Total allowance for loan losses	$	7,704	$	1,761	$	2,922	$	12,387
Loan balances
Individually evaluated for impairment	$	2,064	$	1,543	$	-	$	3,607
Collectively evaluated for impairment		475,863		442,700		264,543		1,183,106
Gross loans	$	477,927	$	444,243	$	264,543	$	1,186,713

Troubled Debts Restructured

The following tables describe troubled debts restructured during the years ended December 31, 2019, 2018 and 2017.

	2019
		Pre-Modification		Post-Modification
	No. of Loans	Recorded Balance		Recorded Balance
Real estate
Consumer closed end first mortgage	5	$	131	$	134
Consumer open end and junior liens	2		33		33
Other loans
Consumer Loans
Auto	3		25		25
Boat/RVs	4		316		316
Other consumer loans	1		10		10
Commercial and industrial	1		49		49

	2018
		Pre-Modification		Post-Modification
	No. of Loans	Recorded Balance		Recorded Balance
Real estate
Commercial	1	$	26	$	30
Consumer closed end first mortgage	9		381		388
Consumer open end and junior liens	4		82		94
Other loans
Consumer loans
Auto	3		31		30
Boat/RVs	6		353		348
Other consumer loans	1		4		4
Commercial and industrial	1		60		61

	2017
		Pre-Modification		Post-Modification
	No. of Loans	Recorded Balance		Recorded Balance
Real estate
Consumer closed end first mortgage	7	$	320	$	324
Consumer open end and junior liens	2		16		16
Other loans
Commercial and industrial	1		72		72

Newly Restructured Loans by Types

Newly restructured loans by type for the years ended December 31, 2019, 2018 and 2017 are as follows:

	2019
							Total
	Rate		Term		Combination		Modification
Real estate
Consumer closed end first mortgage	$	-	$	-	$	134	$	134
Consumer open end and junior liens		-		7		26		33
Other loans
Consumer loans
Auto		-		8		17		25
Boat/RVs		-		16		300		316
Other consumer loans		-		10		-		10
Commercial and industrial		-		49		-		49

	2018
							Total
	Rate		Term		Combination		Modification
Real estate
Commercial	$	-	$	30	$	-	$	30
Consumer closed end first mortgage		-		38		350		388
Consumer open end and junior liens		-		35		59		94
Other loans
Consumer loans
Auto		-		30		-		30
Boat/RVs		-		321		27		348
Other consumer loans				4		-		4
Commercial and industrial		-		61		-		61

	2017
							Total
	Rate		Term		Combination		Modification
Real Estate
Consumer closed end first mortgage	$	-	$	27	$	297	$	324
Consumer open end and junior liens		-		3		13		16
Other loans
Commercial and industrial		-		72		-		72

Troubled Debts Restructured Defaulted

Defaults of any loans modified as troubled debt restructurings made in the years ended December 31, 2019, 2018 and 2017, respectively, are listed in the tables below. Defaults are defined as any loans that become 90 days past due.

	2019
		Post-Modification Outstanding
	No. of Loans	Recorded Balance
Real Estate
Consumer closed end first mortgage	1	$	80
Other loans
Consumer loans
Boat/RV	2		299

	2018
		Post-Modification Outstanding
	No. of Loans	Recorded Balance
Real Estate
Consumer closed end first mortgage	1	$	48
Consumer open end and junior liens	1		5

	2017
		Post-Modification Outstanding
	No. of Loans	Recorded Balance
Real Estate
Consumer closed end first mortgage	1	$	79