ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2018

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 March 31, 2018. 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 March 31, 2018  (Dollars are in thousands)		Beginning  Balance		Charge  Offs		Recoveries		Provisions		Ending Balance
Real estate secured:
Commercial	$	1,989	$	-	$	8	$	(156)	$	1,841
Construction and land development		191		(96)		-		59		154
Residential 1-4 family		2,400		(44)		29		(19)		2,366
Multifamily		106		-		-		(2)		104
Farmland		415		-		56		(48)		423
Total real estate loans		5,101		(140)		93		(166)		4,888
Commercial		660		(515)		8		426		579
Agriculture		20		-		-		6		26
Consumer installment loans		156		(26)		23		-		153
All other loans		3		-		-		17		20
Unallocated		256		-		-		(220)		36
Total	$	6,196	$	(681)	$	124	$	63	$	5,702

		Allowance for Loan Losses						Recorded Investment in Loans
As of March 31, 2018  (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	$	365	$	1,476	$	1,841	$	4,875	$	127,897	$	132,772
Construction and land  development		-		154		154		165		23,193		23,358
Residential 1-4 family		89		2,277		2,366		3,502		246,464		249,966
Multifamily		-		104		104		212		13,931		14,143
Farmland		232		191		423		1,533		23,270		24,803
Total real estate loans		686		4,202		4,888		10,287		434,755		445,042
Commercial		147		432		579		474		44,286		44,760
Agriculture		-		26		26		3		3,954		3,957
Consumer installment loans		2		151		153		8		21,944		21,952
All other loans		19		1		20		-		652		652
Unallocated		-		36		36		-		-		-
Total	$	854	$	4,848	$	5,702	$	10,772	$	505,591	$	516,363

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, 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 December 31, 2017  (Dollars are in thousands)		Beginning  Balance		Charge  Offs		Recoveries		Provisions		Ending Balance
Real estate secured:
Commercial	$	1,625	$	(179)	$	193	$	350	$	1,989
Construction and land development		346		(1)		-		(154)		191
Residential 1-4 family		2,376		(714)		48		690		2,400
Multifamily		241		-		-		(135)		106
Farmland		428		(49)		361		(325)		415
Total real estate loans		5,016		(943)		602		426		5,101
Commercial		163		(11)		153		355		660
Agriculture		31		(4)		5		(12)		20
Consumer installment loans		123		(147)		19		161		156
All other loans		-		-		-		3		3
Unallocated		739		-		-		(483)		256
Total	$	6,072	$	(1,105)	$	779	$	450	$	6,196

		Allowance for Loan Losses						Recorded Investment in Loans
As of December 31, 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	$	499	$	1,490	$	1,989	$	5,149	$	122,539	$	127,688
Construction and land  development		-		191		191		424		29,339		29,763
Residential 1-4 family		91		2,309		2,400		4,007		245,152		249,159
Multifamily		-		106		106		281		15,200		15,481
Farmland		243		172		415		1,642		21,356		22,998
Total real estate loans		833		4,268		5,101		11,503		433,586		445,089
Commercial		413		247		660		1,117		40,228		41,345
Agriculture		-		20		20		12		3,482		3,494
Consumer installment loans		-		156		156		8		22,403		22,411
All other loans		-		3		3		-		669		669
Unallocated		-		256		256		-		-		-
Total	$	1,246	$	4,950		6,196	$	12,640	$	500,368	$	513,008