Loans and Credit Quality (Tables)

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Loan Portfolio Segmented By Risk Class

The composition of the loan portfolio as of the periods indicated is as follows:

(In Thousands)	Commercial		Real estate construction one-to-four family		Real estate construction other		Real estate term owner occupied		Real estate term non-owner occupied		Real estate term other		Consumer secured by 1st deeds of trust		Consumer other		Total
December 31, 2018
AQR Pass		$315,112		$33,729		$72,256		$117,174		$307,126		$40,792		$18,768		$23,595		$928,552
AQR Special Mention	5,116		3,382		—		3,987		18,129		670		140		2		31,426
AQR Substandard	22,192		—		—		5,253		465		577		320		47		28,854
Subtotal		$342,420		$37,111		$72,256		$126,414		$325,720		$42,039		$19,228		$23,645		$988,833
Less: Unearned origination fees, net of origination costs																	(4,487		)
Total loans																		$984,346
December 31, 2017
AQR Pass		$277,371		$31,201		$80,093		$127,059		$307,780		$39,777		$21,846		$19,895		$905,022
AQR Special Mention	4,921		—		—		2,095		11,051		634		3		22		18,726
AQR Substandard	31,222		—		—		2,888		482		—		767		2		35,361
Subtotal		$313,514		$31,201		$80,093		$132,042		$319,313		$40,411		$22,616		$19,919		$959,109
Less: Unearned origination fees, net of origination costs																	(4,156		)
Total loans																		$954,953

Nonaccrual Loans By Segment

Nonaccrual loans at the periods indicated, by segment are presented below:

(In  Thousands)	30-59 Days Past Due			60-89 Days Past Due		Greater Than 90 Days Past Due			Current			Total
December 31, 2018
Commercial		$1,329			$324		$1,287			$9,731			$12,671
Real estate term owner occupied	—			—		1,694			—			1,694
Real estate term other	—			—		577			—			577
Consumer secured by 1st deeds of trust	—			—		—			220			220
Consumer other	—			—		39			9			48
Total nonaccrual loans	1,329			324		3,597			9,960			15,210
Government guarantees on nonaccrual loans	(269		)	—		—			(247		)	(516		)
Net nonaccrual loans		$1,060			$324		$3,597			$9,713			$14,694
December 31, 2017
Commercial		$810			$—		$2,652			$16,455			$19,917
Real estate term owner occupied	—			—		—			1,331			1,331
Consumer secured by 1st deeds of trust	—			—		378			—			378
Total nonaccrual loans	810			—		3,030			17,786			21,626
Government guarantees on nonaccrual loans	—			—		(94		)	(373		)	(467		)
Net nonaccrual loans		$810			$—		$2,936			$17,413			$21,159

Past Due Loans And Nonaccrual Loans

Past due loans and nonaccrual loans at the periods indicated are presented below by loan class:

(In Thousands)	30-59 Days Past Due Still Accruing		60-89 Days Past Due Still Accruing		Greater Than 90 Days Still Accruing		Total Past Due		Nonaccrual		Current		Total
December 31, 2018
Commercial		$872		$857		$—		$1,729		$12,671		$328,020		$342,420
Real estate construction one-to-four family	—		—		—		—		—		37,111		37,111
Real estate construction other	—		—		—		—		—		72,256		72,256
Real estate term owner occupied	1,197		—		—		1,197		1,694		123,523		126,414
Real estate term non-owner occupied	—		—		—		—		—		325,720		325,720
Real estate term other	—		—		—		—		577		41,462		42,039
Consumer secured by 1st deed of trust	224		100		—		324		220		18,684		19,228
Consumer other	190		—		—		190		48		23,407		23,645
Subtotal		$2,483		$957		$—		$3,440		$15,210		$970,183		$988,833
Less: Unearned origination fees,  net of origination costs													(4,487		)
Total														$984,346
December 31, 2017
Commercial		$503		$—		$240		$743		$19,917		$292,854		$313,514
Real estate construction one-to-four family	—		—		—		—		—		31,201		31,201
Real estate construction other	90		—		—		90		—		80,003		80,093
Real estate term owner occupied	966		—		—		966		1,331		129,745		132,042
Real estate term non-owner occupied	—		—		—		—		—		319,313		319,313
Real estate term other	—		—		—		—		—		40,411		40,411
Consumer secured by 1st deed of trust	363		—		—		363		378		21,875		22,616
Consumer other	161		53		12		226		—		19,693		19,919
Subtotal		$2,083		$53		$252		$2,388		$21,626		$935,095		$959,109
Less: Unearned origination fees,  net of origination costs													(4,156		)
Total														$954,953

Impaired Loans

The following table presents information about impaired loans by class for the years ended December 31, 2018 and 2017:

(In Thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
December 31, 2018
With no related allowance recorded
Commercial - AQR pass		$80		$80		$—
Commercial - AQR special mention	2,009		2,009		—
Commercial - AQR substandard	21,252		22,303		—
Real estate term owner occupied - AQR substandard	5,253		5,253		—
Real estate term non-owner occupied - AQR pass	295		295		—
Real estate term non-owner occupied - AQR substandard	465		465		—
Real estate term other - AQR pass	486		486		—
Real estate term other - AQR substandard	577		577		—
Consumer secured by 1st deeds of trust - AQR pass	129		129		—
Consumer secured by 1st deeds of trust - AQR substandard	320		320		—
Subtotal		$30,866		$31,917		$—

With an allowance recorded
Commercial - AQR substandard	$848	$1,352	$14
Subtotal	$848	$1,352	$14

Commercial - AQR pass		$80		$80		$—
Commercial - AQR special mention	2,009		2,009		—
Commercial - AQR substandard	22,100		23,655		14
Real estate term owner-occupied - AQR substandard	5,253		5,253		—
Real estate term non-owner occupied - AQR pass	295		295		—
Real estate term non-owner occupied - AQR substandard	465		465		—
Real estate term other - AQR pass	486		486		—
Real estate term other - AQR substandard	577		577		—
Consumer secured by 1st deeds of trust - AQR pass	129		129		—
Consumer secured by 1st deeds of trust - AQR substandard	320		320		—
Total		$31,714		$33,269		$14

(In Thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
December 31, 2017
With no related allowance recorded
Commercial - AQR special mention		$2,153		$2,153		$—
Commercial - AQR substandard	16,671		17,742		—
Real estate term owner occupied - AQR substandard	2,862		2,862		—
Real estate term non-owner occupied - AQR pass	303		303		—
Real estate term non-owner occupied - AQR special mention	89		89		—
Real estate term non-owner occupied - AQR substandard	482		482		—
Real estate term other - AQR pass	559		559		—
Consumer secured by 1st deeds of trust - AQR pass	136		136		—
Consumer secured by 1st deeds of trust - AQR substandard	724		809		—
Subtotal		$23,979		$25,135		$—

With an allowance recorded
Commercial - AQR substandard	$7,988	$7,988	$966
Subtotal	$7,988	$7,988	$966

Commercial - AQR special mention		$2,153		$2,153		$—
Commercial - AQR substandard	24,659		25,730		966
Real estate term owner-occupied - AQR substandard	2,862		2,862		—
Real estate term non-owner occupied - AQR pass	303		303		—
Real estate term non-owner occupied - AQR special mention	89		89		—
Real estate term non-owner occupied - AQR substandard	482		482		—
Real estate term other - AQR pass	559		559		—
Consumer secured by 1st deeds of trust - AQR pass	136		136		—
Consumer secured by 1st deeds of trust - AQR substandard	724		809		—
Total		$31,967		$33,123		$966

The unpaid principal balance included in the table above represents the recorded investment at the dates indicated, plus amounts charged-off for book purposes. 

The following table summarizes our average recorded investment and interest income recognized on impaired loans for years ended December 31,2018 and 2017, respectively:

Year Ended December 31,	2018						2017
(In Thousands)	Average Recorded Investment		Interest Income Recognized			Average Recorded Investment			Interest Income Recognized
With no related allowance recorded
Commercial - AQR pass		$21			$2			$—			$—
Commercial - AQR special mention	2,146			128			582			1
Commercial - AQR substandard	24,548			381			19,521			487
Real estate term owner occupied - AQR pass	—			—			62			5
Real estate term owner occupied - AQR special mention	155			—			—			—
Real estate term owner occupied - AQR substandard	3,813			201			5,402			286
Real estate term non-owner occupied - AQR pass	265			24			354			43
Real estate term non-owner occupied - AQR special mention	22			2			23			2
Real estate term non-owner occupied - AQR substandard	381			30			611			45
Real estate term other - AQR pass	421			36			595			42
Real estate term other - AQR substandard	176			—			487			34
Consumer secured by 1st deeds of trust - AQR pass	135			13			35			3
Consumer secured by 1st deeds of trust - AQR special mention	—			—			105			10
Consumer secured by 1st deeds of trust - AQR substandard	175			10			561			17
Consumer other - AQR substandard	—			—			13			1
Subtotal		$32,258			$827			$28,351			$976

With an allowance recorded
Commercial - AQR special mention		$—		$—		$525		$3
Commercial - AQR substandard	2,323		20		8,019		4
Commercial - AQR doubtful	14		—		—		—
Consumer secured by 1st deeds of trust - AQR substandard	94		—		—		—
Subtotal		$2,431		$20		$8,544		$7

Total
Commercial - AQR pass		$21		$2		$—		$—
Commercial - AQR special mention	2,146		128		1,107		4
Commercial - AQR substandard	26,871		401		27,540		491
Commercial - AQR doubtful	14		—		—		—
Real estate term owner-occupied - AQR pass	—		—		62		5
Real estate term owner-occupied - AQR special mention	155		—		—		—
Real estate term owner-occupied - AQR substandard	3,813		201		5,402		286
Real estate term non-owner occupied - AQR pass	265		24		354		43
Real estate term non-owner occupied - AQR special mention	22		2		23		2
Real estate term non-owner occupied - AQR substandard	381		30		611		45
Real estate term other - AQR pass	421		36		595		42
Real estate term other - AQR substandard	176		—		487		34
Consumer secured by 1st deeds of trust - AQR pass	135		13		35		3
Consumer secured by 1st deeds of trust - AQR special mention	—		—		105		10
Consumer secured by 1st deeds of trust - AQR substandard	269		10		561		17
Consumer other - AQR substandard	—		—		13		1
Total Impaired Loans		$34,689		$847		$36,895		$983

Newly Restructured Loans

The following table identifies the portion of TDR balances as of December 31, 2018 that were restructured during 2018:

	Accrual Status		Nonaccrual Status		Total Modifications
(In Thousands)
New Troubled Debt Restructurings
Commercial - AQR substandard		$—		$1,166		$1,166
Real estate owner occupied - AQR substandard	227		1,694		1,921
Subtotal		$227		$2,860		$3,087
Existing Troubled Debt Restructurings	3,186		8,558		11,744
Total		$3,413		$11,418		$14,831

Newly Restructured Loans By Concession

The following table provides additional information about loans that were restructured in 2018 and 2017:

	December 31, 2018
(In Thousands)	Number of Contracts	Rate Modification		Term Modification		Payment Modification		Combination Modification		Total Modifications
Pre-Modification Outstanding Recorded Investment:
Commercial - AQR substandard	4		$—		$—		$2,704		$—		$2,704
Real estate term owner occupied - AQR substandard	3	—		—		1,921		—		1,921
Total	7		$—		$—		$4,625		$—		$4,625
Post-Modification Outstanding Recorded Investment:
Commercial - AQR substandard	4		$—		$—		$1,166		$—		$1,166
Real estate term owner occupied - AQR substandard	3	—		—		1,921		—		1,921
Total	7		$—		$—		$3,087		$—		$3,087

	December 31, 2017
(In Thousands)	Number of Contracts	Rate Modification		Term Modification		Payment Modification		Combination Modification		Total Modifications
Pre-Modification Outstanding Recorded Investment:
Commercial - AQR special mention	1		$—		$2,078		$—		$—		$2,078
Commercial - AQR substandard	2	—		10,665		210		—		10,875
Total	3		$—		$12,743		$210		$—		$12,953
Post-Modification Outstanding Recorded Investment:
Commercial - AQR special mention	1		$—		$2,059		$—		$—		$2,059
Commercial - AQR substandard	2	—		8,349		202		—		8,551
Total	3		$—		$10,408		$202		$—		$10,610

Schedule of Trouble Debt Restructurings That Subsequently Defaulted

The following table presents TDRs that occurred during 2018 that subsequently defaulted during the twelve-months ended December 31, 2018:

		December 31, 2018
	Number of Contracts	Recorded Investment
(In  Thousands)
Troubled Debt Restructurings that Subsequently Defaulted:
Commercial - AQR substandard	4	$1,166
Real estate term owner occupied - AQR substandard	2	1,694
Total	6	$2,860

Analysis Of Loan Transactions

 An analysis of the loan transactions for the years indicated follows:

(In Thousands)	2018		2017		2016
Balance, beginning of the year		$—		$90		$117
Loans made	—		—		—
Repayments	—		90		27
Balance, end of year		$—		$—		$90