ALLOWANCE FOR LOAN LOSSES (Tables)

9 Months Ended

Sep. 30, 2019

Receivables [Abstract]

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

During the second quarter of 2019, $4.4 million of non-performing or under-performing real estate loans were sold resulting in $113 thousand of charge-offs and $57 thousand of recoveries.

As of September 30, 2019			Beginning Balance		Charge  Offs						Ending Balance
(Dollars are in thousands)							Recoveries		Provisions
Real estate secured:
	Commercial	$	1,386	$	-	$	16	$	(143)	$	1,259
	Construction and land development		202		-		34		(70)		166
	Residential 1-4 family		2,437		(171)		168		(566)		1,868
	Multifamily		89		-		30		(17)		102
	Farmland		287		(33)		8		(135)		127
	Total real estate loans		4,401		(204)		256		(931)		3,522
	Commercial		448		(1,563)		59		2,480		1,424
	Agriculture		37		(9)		1		(5)		24
	Consumer installment loans		172		(73)		57		13		169
	All other loans		3		-		-		5		8
	Unallocated		275		-		-		(272)		3
	Total	$	5,336	$	(1,849)	$	373	$	1,290	$	5,150

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	)	$	1,386
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

Schedule for allocation of a portion of the allowance to one category of loans

	Allowance for Loan Losses						Recorded Investment in Loans
As of September 30, 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	$	75	$	1,184	$	1,259	$	2,540	$	164,760	$	167,300
Construction and land development		—		166		166		79		29,536		29,615
Residential 1-4 family		46		1,822		1,868		1,564		242,709		244,273
Multifamily		—		102		102		—		13,057		13,057
Farmland		—		127		127		756		20,713		21,469
Total real estate loans		121		3,401		3,522		4,939		470,775		475,714
Commercial		100		1,324		1,424		552		51,110		51,662
Agriculture		—		24		24		—		4,839		4,839
Consumer installment loans		—		169		169		6		24,215		24,221
All other loans		—		8		8		—		1,738		1,738
Unallocated		—		3		3		—		—		—
Total	$	221	$	4,929	$	5,150	$	5,497	$	552,677	$	558,174

	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