ALLOWANCE FOR LOAN LOSSES (Table)

6 Months Ended

Jun. 30, 2019

Allowance For Loan Losses Table Abstract

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

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 June 30, 2019		Beginning		Charge						Ending
(Dollars are in thousands)		Balance		Offs		Recoveries		Provisions		Balance
Real estate secured:
Commercial	$	1,386	$	-	$	2	$	(163)	$	1,225
Construction and land development		202		-		34		(90)		146
Residential 1-4 family		2,437		(129)		157		(498)		1,967
Multifamily		89		-		30		(32)		87
Farmland		287		(33)		8		(144)		118
Total real estate loans		4,401		(162)		231		(927)		3,543
Commercial		448		(537)		45		1,427		1,383
Agriculture		37		-		1		(3)		35
Consumer installment loans		172		(43)		47		(17)		159
All other loans		3		-		-		-		3
Unallocated		275		-		-		(210)		65
Total	$	5,336	$	(742)	$	324	$	270	$	5,188

		Allowance for Loan Losses						Recorded Investment in Loans
		Individually		Collectively				Individually		Collectively
		Evaluated		Evaluated				Evaluated		Evaluated
As of June 30, 2019		for		for				for		for
(Dollars are in thousands)		Impairment		Impairment		Total		Impairment		Impairment		Total
Real estate secured:
Commercial	$	7	$	1,218	$	1,225	$	2,159	$	156,997	$	159,156
Construction and land						146						29,285
development		-		146				89		29,196
Residential 1-4 family		116		1,851		1,967		1,844		242,590		244,433
Multifamily		-		87		87		-		13,110		13,110
Farmland		3		115		118		1,040		20,352		21,392
Total real estate loans		126		3,417		3,543		5,131		462,245		467,376
Commercial		682		701		1,383		1,610		53,292		54,902
Agriculture		-		35		35		-		5,185		5,185
Consumer installment loans		-		159		159		6		23,100		23,106
All other loans		-		3		3		-		562		562
Unallocated		-		65		65		-		-		-
Total	$	808	$	4,380	$	5,188	$	6,748	$	544,384	$	551,131

Schedule of allocation of portion of allowance

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		Beginning		Charge						Ending
(Dollars are in thousands)		Balance		Offs		Recoveries		Provisions		Balance
Real estate secured:
Commercial	$	1,989	$	(334)	$	73	$	(342)	$	1,386
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
		Individually		Collectively				Individually		Collectively
		Evaluated		Evaluated				Evaluated		Evaluated
As of December 31, 2018		for		for				for		for
(Dollars are in thousands)		Impairment		Impairment		Total		Impairment		Impairment		Total
Real estate secured:
Commercial	$	40	$	1,346	$	1,386	$	2,322	$	138,540	$	140,862
Construction and land						202
development		-		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