ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2019

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 quarter ended March 31, 2019. 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, 2019  (Dollars are in thousands)		Beginning  Balance		Charge  Offs		Recoveries		Provisions		Ending Balance
Real estate secured:
Commercial	$	1,386	$	-	$	-	$	(22)	$	1,364
Construction and land development		202		-		-		(44)		158
Residential 1-4 family		2,437		(45)		30		(131)		2,291
Multifamily		89		-		-		3		92
Farmland		287		-		5		(15)		277
Total real estate loans		4,401		(45)		35		(209)		4,182
Commercial		448		(39)		44		90		543
Agriculture		37		-		1		(1)		37
Consumer installment loans		172		(28)		28		(7)		165
All other loans		3		-		-		(1)		2
Unallocated		275		-		-		263		538
Total	$	5,336	$	(112)	$	108	$	135	$	5,467

		Allowance for Loan Losses						Recorded Investment in Loans
As of March 31, 2019  (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	$	41	$	1,323	$	1,364	$	2,635	$	150,826	$	153,461
Construction and land  development		-		158		158		103		27,363		27,466
Residential 1-4 family		89		2,202		2,291		3,191		246,984		250,175
Multifamily		-		92		92		72		13,290		13,362
Farmland		111		166		277		1,996		20,398		22,394
Total real estate loans		241		3,941		4,182		7,997		458,861		466,858
Commercial		13		530		543		2,742		54,821		57,563
Agriculture		-		37		37		-		5,099		5,099
Consumer installment loans		-		165		165		6		23,479		23,485
All other loans		-		2		2		-		580		580
Unallocated		-		538		538		-		-		-
Total	$	254	$	5,213	$	5,467	$	10,745	$	542,840	$	553,585

Schedule of allocation of portion of allowance

The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 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 December 31, 2018  (Dollars are in thousands)		Beginning  Balance		Charge  Offs		Recoveries		Provisions		Ending Balance
Real estate secured:
Commercial	$	1,989	$	(334)	$	73	$	(342)	$	1,389
Construction and land development		191		(96)		11		96		202
Residential 1-4 family		2,400		(290)		73		254		2,437
Multifamily		106		-		-		(17)		89
Farmland		415		(58)		72		(142)		287
Total real estate loans		5,101		(778)		229		(151		4,401
Commercial		660		(617)		84		321		448
Agriculture		20		-		1		16		37
Consumer installment loans		156		(75)		44		47		172
All other loans		3		-		-		-		3
Unallocated		256		-		-		19		275
Total	$	6,196	$	(1,470)	$	358	$	252	$	5,336

		Allowance for Loan Losses						Recorded Investment in Loans
As of December 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	$	40	$	1,346	$	1,386	$	2,322	$	138,540	$	140,862
Construction and land  development		-		202		202		114		35,005		35,119
Residential 1-4 family		132		2,205		2,437		3,311		246,635		249,946
Multifamily		-		89		89		75		13,421		13,496
Farmland		132		155		287		2,038		20,076		22,114
Total real estate loans		304		4,097		4,401		7,860		453,677		461,537
Commercial		13		435		448		109		55,048		55,157
Agriculture		-		37		37		-		5,266		5,266
Consumer installment loans		1		171		172		7		24,531		24,538
All other loans		-		3		3		-		598		598
Unallocated		-		275		275		-		-		-
Total	$	318	$	5,018	$	5,336	$	7,976	$	539,120	$	547,096