Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2017

Loans and Allowance for Loan Losses

Summary of loans

	December 31,		December 31,
	2017		2016
	(In thousands)
Mortgage warehouse lines of credit	$	224,937	$	275,039
Residential real estate		330,410		235,759
Multi-family and healthcare financing		529,259		261,031
Commercial and commercial real estate		228,668		113,812
Agricultural production and real estate		51,966		46,763
Consumer and margin loans		9,420		9,392
		1,374,660		941,796
Less
Allowance for loan losses		8,311		6,250
Loans Receivable	$	1,366,349	$	935,546

Summary of activity in the allowance for loans and recorded investment by loan portfolio

	At or for the Year Ended December 31, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, beginning of period	$	373	$	2,170		1,962	$	1,374	$	269	$	102	$	6,250
Provision for loan losses		(90)		(583)		1,540		1,399		51		155		2,472
Loans charged to the allowance		—		—		—		(546)		—		—		(546)
Recoveries of loans previously charged off		—		—		—		135		—		—		135
Balance, end of period	$	283	$	1,587	$	3,502	$	2,362	$	320	$	257	$	8,311
Ending balance: individually evaluated for impairment	$	—	$	—	$	—	$	200	$	16	$	146	$	362
Ending balance: collectively evaluated for impairment	$	283	$	1,587	$	3,502	$	2,162	$	304	$	111	$	7,949
Loans
Ending balance	$	224,937	$	330,410	$	529,259	$	228,668	$	51,966	$	9,420	$	1,374,660
Ending balance individually evaluated for impairment	$	—	$	729	$	—	$	6,179	$	282	$	146	$	7,336
Ending balance collectively evaluated for impairment	$	224,937	$	329,681	$	529,259	$	222,489	$	51,684	$	9,274	$	1,367,324

	At or for the Year Ended December 31, 2016
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, beginning of period	$	704	$	2,212		1,308	$	908	$	222	$	68	$	5,422
Provision for loan losses		(331)		90		654		466		47		34		960
Transfer out		—		(132)		—		—		—		—		(132)
Loans charged to the allowance		—		—		—		—		—		—		—
Recoveries of loans previously charged off		—		—		—		—		—		—		—
Balance, end of period	$	373	$	2,170	$	1,962	$	1,374	$	269	$	102	$	6,250
Ending balance: individually evaluated for impairment	$	—	$	30	$	—	$	—	$	11	$	—	$	41
Ending balance: collectively evaluated for impairment	$	373	$	2,140	$	1,962	$	1,374	$	258	$	102	$	6,209
Loans
Ending balance	$	275,039	$	235,759	$	261,031	$	113,812	$	46,763	$	9,392	$	941,796
Ending balance individually evaluated for impairment	$	—	$	343	$	—	$	5,022	$	203	$	—	$	5,568
Ending balance collectively evaluated for impairment	$	275,039	$	235,416	$	261,031	$	108,790	$	46,560	$	9,392	$	936,228

	For the Year Ended December 31, 2015
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Allowance for loan losses
Balance, beginning of year	$	475	$	1,806		689	$	1,163	$	275	$	50	$	4,458
Provision for loan losses		229		405		619		(258)		(53)		18		960
Loans charged to the allowance		—		—		—		—		—		—		—
Recoveries of loans previously charged off		—		1		—		3		—		—		4
Balance, end of year	$	704	$	2,212		1,308	$	908	$	222	$	68	$	5,422

Schedule of credit risk profile of loan portfolio

	December 31, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Special Mention (Watch)	$	—	$	—	$	1,800	$	12,608	$	323	$	1,563	$	16,294
Substandard		—		729		—		6,179		282		146		7,336
Doubtful		—		—		—		—		—		—		—
Acceptable and Above		224,937		329,681		527,459		209,881		51,361		7,711		1,351,030
Total	$	224,937	$	330,410	$	529,259	$	228,668	$	51,966	$	9,420	$	1,374,660

	December 31, 2016
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Special Mention (Watch)	$	—	$	214	$	—	$	7,150	$	—	$	2,158	$	9,522
Substandard		—		343		—		4,986		203		—		5,532
Doubtful		—		—		—		—		—		—		—
Acceptable and Above		275,039		235,202		261,031		101,676		46,560		7,234		926,742
Total	$	275,039	$	235,759	$	261,031	$	113,812	$	46,763	$	9,392	$	941,796

Schedule of aging analysis of the recorded investment in loans

	December 31, 2017
	30-59 Days		60-89 Days		Greater Than		Total				Total
	Past Due		Past Due		90 Days		Past Due		Current		Loans
	(In thousands)
MTG WHLOC	$	—	$	—	$	—	$	—	$	224,937	$	224,937
RES RE		—		194		534		728		329,682		330,410
MF RE		—		—		—		—		529,259		529,259
CML & CRE		—		860		2,061		2,921		225,747		228,668
AG & AGRE		59		—		399		458		51,508		51,966
CON & MAR		—		—		146		146		9,274		9,420
	$	59	$	1,054	$	3,140	$	4,253	$	1,370,407	$	1,374,660

	December 31, 2016
	30-59 Days		60-89 Days		Greater Than		Total				Total
	Past Due		Past Due		90 Days		Past Due		Current		Loans
	(In thousands)
MTG WHLOC	$	—	$	—	$	—	$	—	$	275,039	$	275,039
RES RE		40		—		881		921		234,838		235,759
MF RE		—		—		—		—		261,031		261,031
CML & CRE		43		2,018		899		2,960		110,852		113,812
AG & AGRE		101		86		107		294		46,469		46,763
CON & MAR		—		—		—		—		9,392		9,392
	$	184	$	2,104	$	1,887	$	4,175	$	937,621	$	941,796

Schedule of components of impaired loans and specific valuation allowance

	December 31, 2017
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Impaired loans without a specific allowance:
Recorded investment	$	—	$	729	$	—	$	4,119	$	—	$	—	$	4,848
Unpaid principal balance		—		729		—		4,119		—		—		4,848
Impaired loans with a specific allowance:
Recorded investment		—		—		—		2,060		282		146		2,488
Unpaid principal balance		—		—		—		2,060		282		146		2,488
Specific allowance		—		—		—		200		16		146		362
Total impaired loans:
Recorded investment		—		729		—		6,179		282		146		7,336
Unpaid principal balance		—		729		—		6,179		282		146		7,336
Specific allowance		—		—		—		200		16		146		362

	December 31, 2016
	MTG WHLOC		RES RE		MF RE		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Impaired loans without a specific allowance:
Recorded investment	$	—	$	280	$	—	$	5,022	$	—	$	—	$	5,302
Unpaid principal balance		—		280		—		5,022		—		—		5,302
Impaired loans with a specific allowance:
Recorded investment		—		63		—		—		203		—		266
Unpaid principal balance		—		63		—		—		203		—		266
Specific allowance		—		30		—		—		11		—		41
Total impaired loans:
Recorded investment		—		343		—		5,022		203		—		5,568
Unpaid principal balance		—		343		—		5,022		203		—		5,568
Specific allowance		—		30		—		—		11		—		41

Schedule of average recorded investment and interest income recognized in impaired loans

	December 31, 2017
	MTG						CML &		AG &		CON &
	WHLOC		RES RE		MF RE		CRE		AGRE		MAR		TOTAL
	(In thousands)
Average recorded investment in impaired loans	$	—	$	156	$	—	$	3,703	$	282	$	197	$	4,338
Interest income recognized		—		1		—		182		—		—		183

	December 31, 2016
	MTG WHLOC		RES RE		MF		CML & CRE		AG & AGRE		CON & MAR		TOTAL
	(In thousands)
Average recorded investment in impaired loans	$	—	$	155	$	—	$	2,222	$	17	$	—	$	2,394
Interest income recognized		—		—		—		39		—		—		39

	December 31, 2015
	MTG						CML &			AG &	CON &
	WHLOC		RES RE		MF RE		CRE			AGRE	MAR		TOTAL
	(In thousands)
Average recorded investment in impaired loans	$	—	$	68	$	—	$	205	$	—	$	—	$	273
Interest income recognized		—		—		—		—		—		—		—

Schedule of nonaccrual loans and loans past due 90 days or more and still accruing

	December 31,				December 31,
	2017				2016
			Total Loans >				Total Loans >
			90 Days &				90 Days &
	Nonaccrual		Accruing		Nonaccrual		Accruing
	(In thousands)
MTG WHLOC	$	—	$	—	$	—	$	—
RES RE		60		475		303		578
MF RE		—		—		—		—
CML & CRE		2,060		—		899		—
AG & AGRE		282		117		—		107
CON & MAR		146		—		—		—
	$	2,548	$	592	$	1,202	$	685