ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 30, 2017

Receivables [Abstract]

Summary of activity in the allowance for loan losses by portfolio segment

The following table details activity in the allowance for loan losses by portfolio segment for the period ended September 30, 2017. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

As of September 30, 2017 (Dollars are in thousands)	Beginning Balance		Charge Offs			Recoveries		Provisions			Ending Balance
Real estate secured:
Commercial	$	1,625	$	(179	)	$	191	$	(58	)	$	1,579
Construction and land development		346		—			—		(53	)		293
Residential 1-4 family		2,376		(369	)		39		48			2,094
Multifamily		241		—			—		181			422
Farmland		428		(49	)		358		(309	)		428
Total real estate loans		5,016		(597	)		588		(191	)		4,816
Commercial		163		(11	)		147		127			426
Agriculture		31		—			4		(10	)		25
Consumer installment loans		123		(134	)		17		160			166
All other loans		—		—			—		4			4
Unallocated		739		—			—		(90	)		649
Total	$	6,072	$	(742	)	$	756	$	—		$	6,086

		Allowance for Loan Losses						Recorded Investment in Loans
As of September 30, 2017 (Dollars are in thousands)		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
Real estate secured:
Commercial	$	339	$	1,240	$	1,579	$	4,819	$	110,061	$	114,880
Construction and land development		69		224		293		202		30,676		30,878
Residential 1-4 family		104		1,990		2,094		4,377		249,857		254,234
Multifamily		194		228		422		1,595		13,195		14,790
Farmland		245		183		428		2,110		21,177		23,287
Total real estate loans		951		3,865		4,816		13,103		424,966		438,069
Commercial		181		245		426		496		35,886		36,382
Agriculture		-		25		25		18		3,715		3,733
Consumer installment loans		-		166		166		8		22,511		22,519
All other loans		-		4		4		-		687		687
Unallocated		-		649		649		-		-		-
Total	$	1,132	$	4,954	$	6,086	$	13,625	$	487,765	$	501,390

Schedule of allocation of portion of allowance

The following table details activity in the allowance for loan losses by portfolio segment for the period ended December 31, 2016. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

As of December 31, 2016 (Dollars are in thousands)	Beginning Balance		Charge Offs			Recoveries		Provisions			Ending Balance
Real estate secured:
Commercial	$	2,384	$	(557	)	$	220	$	(422	)	$	1,625
Construction and land development		332		(5	)		26		(7	)		346
Residential 1-4 family		2,437		(720	)		87		572			2,376
Multifamily		232		(18	)		—		27			241
Farmland		675		(2	)		103		(348	)		428
Total real estate loans		6,060		(1,302	)		436		(178	)		5,016
Commercial		266		(65	)		62		(100	)		163
Agriculture		124		—			7		(100	)		31
Consumer installment loans		128		(83	)		24		54			123
All other loans		1		—			—		(1	)		—
Unallocated		914		—			—		(175	)		739
Total	$	7,493	$	(1,450	)	$	529	$	(500	)	$	6,072

		Allowance for Loan Losses						Recorded Investment in Loans
As of December 31, 2016 (Dollars are in thousands)		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
Real estate secured:
Commercial	$	65	$	1,560	$	1,625	$	4,827	$	98,504	$	103,331
Construction and land development		106		240		346		245		25,510		25,755
Residential 1-4 family		56		2,320		2,376		4,416		245,284		249,700
Multifamily		-		241		241		301		12,281		12,582
Farmland		299		129		428		4,486		20,462		24,948
Total real estate loans		526		4,490		5,016		14,275		402,041		416,316
Commercial		18		145		163		67		26,888		26,955
Agriculture		5		26		31		24		3,140		3,164
Consumer installment loans		3		120		123		35		22,153		22,188
All other loans		-		-		-		-		6		6
Unallocated		-		739		739		-		-		-
Total	$	552	$	5,520		6,072	$	14,401	$	454,228	$	468,629