6. LOANS (Tables)

12 Months Ended

Dec. 31, 2015

Receivables [Abstract]

Summary of Loans Receivable Outstanding

(Dollars are in thousands)	2015		2014
Real estate secured:
Commercial	$	98,569	$	108,062
Construction and land development		14,672		15,439
Residential 1-4 family		242,916		243,538
Multifamily		12,954		14,409
Farmland		22,174		25,252
Total real estate loans		391,285		406,700
Commercial		21,469		21,807
Agriculture		3,793		3,117
Consumer installment loans		24,568		25,828
All other loans		54		97
Total loans	$	441,169	$	457,549

Summary of Loans Receivable on Nonaccrual Status

(Dollars are in thousands)	2015		2014
Real estate secured:
Commercial	$	4,358	$	6,222
Construction and land development		436		332
Residential 1-4 family		8,338		8,589
Multifamily		430		118
Farmland		1,170		5,982
Total real estate loans		14,732		21,243
Commercial		65		554
Agriculture		9		18
Consumer installment loans		41		46
All other loans		—		—
Total loans receivable on nonaccrual status	$	14,847	$	21,861

Summary of Impaired Loans

As of December 31, 2015 (Dollars are in thousands)	Average Recorded Investment		Interest Income Recognized		Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded:
Real estate secured:
Commercial	$	4,534	$	163	$	4,212	$	5,173	$	—
Construction and land development		12		1		10		10		—
Residential 1-4 family		3,506		161		3,037		3,150		—
Multifamily		520		9		430		471		—
Farmland		5,073		213		3,983		4,620		—
Commercial		267		—		—		—		—
Agriculture		42		4		36		36		—
Consumer installment loans		31		1		11		11		—
All other loans		—		—		—		—		—
With an allowance recorded:
Real estate secured:
Commercial		2,935		37		2,503		2,849		288
Construction and land development		373		—		289		499		155
Residential 1-4 family		2,219		99		1,920		2,121		168
Multifamily		23		—		—		—		—
Farmland		906		38		761		778		328
Commercial		80		3		69		69		24
Agriculture		24		2		18		18		18
Consumer installment loans		19		4		45		45		2
All other loans		—		—		—		—		—
Total	$	20,564	$	735	$	17,324	$	19,850	$	983

As of December 31, 2014 (Dollars are in thousands)	Average Recorded Investment		Interest Income Recognized		Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded:
Real estate secured:
Commercial	$	9,628	$	128	$	3,986	$	5,166	$	—
Construction and land development		248		1		15		15		—
Residential 1-4 family		2,959		177		3,245		3,471		—
Multifamily		370		26		438		479		—
Farmland		5,383		114		5,767		6,801		—
Commercial		421		—		548		674		—
Agriculture		62		4		52		52		—
Consumer installment loans		12		1		15		15		—
All other loans		—		—		—		—		—
With an allowance recorded:
Real estate secured:
Commercial		6,338		132		4,517		4,905		1,482
Construction and land development		505		14		303		355		88
Residential 1-4 family		4,248		126		2,573		2,852		347
Multifamily		268		7		113		113		15
Farmland		2,573		59		1,104		1,116		343
Commercial		407		4		74		74		26
Agriculture		39		2		30		30		30
Consumer installment loans		10		—		—		—		—
All other loans		—		—		—		—		—
Total	$	33,471	$	795	$	22,780	$	26,118	$	2,331

Summary of Age Analysis of Past Due Loans Receivable

As of December 31, 2015 (Dollars are in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Past Due Loans		Current Loans		Total Loans		Accruing Loans 90 or More Days Past Due
Real estate secured:
Commercial	$	311	$	105	$	2,534	$	2,950	$	95,619	$	98,569	$	—
Construction and land development		144		—		17		161		14,511		14,672		—
Residential 1-4 family		4,694		1,487		2,891		9,072		233,844		242,916		—
Multifamily		47		—		320		367		12,587		12,954		—
Farmland		363		—		251		614		21,560		22,174		—
Total real estate loans		5,559		1,592		6,013		13,164		378,121		391,285		—
Commercial		18		1		64		83		21,386		21,469		—
Agriculture		—		—		—		—		3,793		3,793		—
Consumer installment Loans		113		1		27		141		24,427		24,568		—
All other loans		6		—		—		6		48		54		—
Total loans	$	5,696	$	1,594	$	6,104	$	13,394	$	427,775	$	441,169	$	—

As of December 31, 2014 (Dollars are in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Past Due Loans		Current Loans		Total Loans		Accruing Loans 90 or More Days Past Due
Real estate secured:
Commercial	$	2,683	$	74	$	2,411	$	5,168	$	102,894	$	108,062	$	—
Construction and land development		94		335		12		441		14,998		15,439		—
Residential 1-4 family		7,885		1,728		2,346		11,959		231,579		243,538		—
Multifamily		320		—		—		320		14,089		14,409		—
Farmland		661		453		—		1,114		24,138		25,252		—
Total real estate loans		11,643		2,590		4,769		19,002		387,698		406,700		—
Commercial		64		15		162		241		21,566		21,807		—
Agriculture		—		4		—		4		3,113		3,117		—
Consumer installment Loans		153		19		21		193		25,635		25,828		—
All other loans		22		6		—		28		69		97		—
Total loans	$	11,882	$	2,634	$	4,952	$	19,468	$	438,081	$	457,549	$	—

Summary of Risk Category of Loans Receivable

As of December 31, 2015 (Dollars are in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Real estate secured:
Commercial	$	85,255	$	7,543	$	5,771	$	—	$	98,569
Construction and land development		12,262		1,974		436		—		14,672
Residential 1-4 family		229,182		3,572		10,162		—		242,916
Multifamily		12,264		187		503		—		12,954
Farmland		16,663		2,923		2,588		—		22,174
Total real estate loans		355,626		16,199		19,460		—		391,285
Commercial		20,641		724		104		—		21,469
Agriculture		3,767		—		26		—		3,793
Consumer installment loans		24,478		—		90		—		24,568
All other loans		54		—		—		—		54
Total	$	404,566	$	16,923		19,680	$	—	$	441,169

As of December 31, 2014 (Dollars are in thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Real estate secured:
Commercial	$	92,515	$	7,925	$	7,622	$	—	$	108,062
Construction and land development		12,974		2,041		424		—		15,439
Residential 1-4 family		230,184		1,965		11,389		—		243,538
Multifamily		13,953		146		310		—		14,409
Farmland		18,159		270		6,823		—		25,252
Total real estate loans		367,785		12,347		26,568		—		406,700
Commercial		18,495		2,548		764		—		21,807
Agriculture		3,069		—		48		—		3,117
Consumer installment loans		25,719		—		109		—		25,828
All other loans		97		—		—		—		97
Total	$	415,165	$	14,895	$	27,489	$	—	$	457,549