Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2020

Loans and Allowance for Loan Losses

Schedule of summary loan portfolio

	June 30,		December 31,
	2020		2019
Commercial real estate loans:
Construction	$	10,339	$	20,354
Non-residential		242,199		228,157
Multi-family		30,145		20,129
Residential real estate loans		41,682		43,726
Commercial and industrial loans(1)		175,120		90,554
Consumer loans:
Indirect automobile		365,455		360,569
Home equity		14,804		16,276
Other consumer		9,008		9,752
Total gross loans		888,752		789,517
Net deferred loan costs		7,140		9,908
Allowance for loan losses		(8,572)		(5,954)
Total net loans	$	887,320	$	793,471

(1)Includes $89,092 in U.S. Small Business Administration (“SBA”), paycheck protection program (“PPP”) loans.

Schedule of loans by risk rating and portfolio segment

	June 30, 2020
	Pass		Special Mention		Substandard		Total
Commercial real estate:
Construction	$	10,339	$	—	$	—	$	10,339
Non-residential		233,325		4,610		4,264		242,199
Multifamily		29,776		—		369		30,145
Residential real estate		39,127		—		2,555		41,682
Commercial and industrial		173,747		546		827		175,120
Consumer:
Indirect automobile		364,419		—		1,036		365,455
Home equity		14,274		—		530		14,804
Other consumer		8,987		—		21		9,008
Total	$	873,994	$	5,156	$	9,602	$	888,752

	December 31, 2019
	Pass		Special Mention		Substandard		Total
Commercial real estate:
Construction	$	20,354	$	—	$	—	$	20,354
Non-residential		219,485		4,285		4,387		228,157
Multifamily		19,744		—		385		20,129
Residential real estate		41,385		—		2,341		43,726
Commercial and industrial		88,874		597		1,083		90,554
Consumer:
Indirect automobile		359,616		—		953		360,569
Home equity		15,861		—		415		16,276
Other consumer		9,741		—		11		9,752
Total	$	775,060	$	4,882	$	9,575	$	789,517

Schedule of classes of the loan portfolio by the aging categories of performing loans and nonaccrual loans

	June 30, 2020
							Greater Than
			30-59 Days		60-89 Days		90 Days Past		Total Loans
	Current		Past Due		Past Due		Due		Receivable		Non-accrual
Commercial real estate:
Construction	$	10,339	$	—	$	—	$	—	$	10,339	$	—
Non-residential		235,203		218		1,662		5,116		242,199		5,116
Multifamily		29,776		—		—		369		30,145		369
Residential real estate		37,398		297		1,432		2,555		41,682		2,555
Commercial and industrial		174,318		55		200		547		175,120		547
Consumer:
Indirect automobile		357,827		5,175		1,417		1,036		365,455		1,036
Home equity		13,826		138		310		530		14,804		530
Other consumer		8,804		159		36		9		9,008		9
Total	$	867,491	$	6,042	$	5,057	$	10,162	$	888,752	$	10,162

	December 31, 2019
							Greater Than
			30-59 Days		60-89 Days		90 Days Past		Total Loans
	Current		Past Due		Past Due		Due		Receivable		Non-accrual
Commercial real estate:
Construction	$	20,354	$	—	$	—	$	—	$	20,354	$	—
Non-residential		222,953		409		884		3,911		228,157		3,911
Multifamily		19,744		—		—		385		20,129		385
Residential real estate		42,403		427		116		780		43,726		2,341
Commercial and industrial		89,401		288		198		667		90,554		905
Consumer:
Indirect automobile		351,840		6,494		1,294		941		360,569		953
Home equity		15,726		142		91		317		16,276		415
Other consumer		9,492		201		48		11		9,752		11
Total	$	771,913	$	7,961	$	2,631	$	7,012	$	789,517	$	8,921

Schedule of information to impaired loans by loan portfolio class

	June 30, 2020
	Recorded		Unpaid Principal		Related		Average Recorded
	Investment		Balance		Allowance		Investment
With no related allowance recorded:
Commercial real estate:
Non-residential	$	5,116	$	6,998	$	—	$	4,341
Multifamily		369		400		—		374
Residential real estate		2,555		2,951		—		2,410
Commercial and industrial		497		679		—		631
Consumer:
Indirect automobile		276		316		—		409
Home equity		530		562		—		456
Other consumer		7		6		—		10
Total	$	9,350	$	11,912	$	—	$	8,631
With an allowance recorded:
Commercial and industrial	$	50	$	50	$	25	$	17
Consumer:
Indirect automobile		760		782		226		457
Other consumer		2		2		2		1
Total	$	812	$	834	$	253	$	475
Total:
Commercial real estate:
Non-residential	$	5,116	$	6,998	$	—	$	4,341
Multifamily		369		400		—		374
Residential real estate		2,555		2,951		—		2,410
Commercial and industrial		547		729		25		648
Consumer:
Indirect automobile		1,036		1,098		226		866
Home equity		530		562		—		456
Other consumer		9		8		2		11
Total	$	10,162	$	12,746	$	253	$	9,106

	December 31, 2019
	Recorded		Unpaid Principal		Related		Average Recorded
	Investment		Balance		Allowance		Investment
With no related allowance recorded:
Commercial real estate:
Non-residential	$	3,911	$	5,733	$	—	$	3,209
Multifamily		385		409		—		192
Residential real estate		2,341		2,850		—		2,313
Commercial and industrial		905		1,109		—		601
Consumer:
Indirect automobile		607		740		—		441
Home equity		415		467		—		307
Other consumer		11		11		—		10
Total	$	8,575	$	11,319	$	—	$	7,073
With an allowance recorded:
Consumer:
Indirect automobile		346	$	376	$	107	$	262
Total	$	346	$	376	$	107	$	262
Total:
Commercial real estate:
Non-residential	$	3,911	$	5,733	$	—	$	3,209
Multifamily		385		409		—		192
Residential real estate		2,341		2,850		—		2,313
Commercial and industrial		905		1,109		—		601
Consumer:
Indirect automobile		953		1,116		107		703
Home equity		415		467		—		307
Other consumer		11		11		—		10
Total	$	8,921	$	11,695	$	107	$	7,335

Schedule of loan balances by segment

	Commercial				Commercial
	Real Estate		Residential		and Industrial		Indirect		Consumer		Totals
	Three months ended June 30, 2020
Allowance for loan losses:
Beginning balance	$	2,153	$	99	$	601	$	3,638	$	129	$	6,620
Provision for loan losses		520		26		254		1,450		5		2,255
Loans charged-off		—		—		(1)		(478)		(2)		(481)
Recoveries		—		—		5		169		4		178
Ending balance	$	2,673	$	125	$	859	$	4,779	$	136	$	8,572

	Commercial		Residential		Commercial
	Real Estate		Real Estate		andIndustrial			Indirect	Consumer		Totals
	Three months ended June 30, 2019
Allowance for loan losses:
Beginning balance	$	1,159	$	286	$	1,575	$	3,380	$	783	$	7,183
Provision for loan losses		93		17		327		329		14		780
Loans charged-off		—		—		(7)		(424)		(9)		(440)
Recoveries		—		2		—		321		12		335
Ending balance	$	1,252	$	305	$	1,895	$	3,606	$	800	$	7,858

	Commercial		Residential		Commercial
	Real Estate		Real Estate		andIndustrial		Indirect		Consumer		Totals
	Six months ended June 30, 2020
Allowance for loan losses:
Beginning balance	$	2,009	$	99	$	603	$	3,117	$	126	$	5,954
Provision for loan losses		664		26		285		2,461		19		3,455
Loans charged-off		—		—		(39)		(1,189)		(18)		(1,246)
Recoveries		—		—		10		390		9		409
Ending balance	$	2,673	$	125	$	859	$	4,779	$	136	$	8,572
Ending balance:
Loans deemed impaired	$	—	$	—	$	25	$	226	$	2	$	253
Loans not deemed impaired	$	2,673	$	125	$	834	$	4,553	$	134	$	8,319
Loan receivables:
Ending balance	$	282,683	$	41,682	$	175,120	$	365,455	$	23,812	$	888,752
Ending balance:
Loans deemed impaired	$	5,485	$	2,555	$	547	$	1,036	$	539	$	10,162
Loans not deemed impaired	$	277,198	$	39,127	$	174,573	$	364,419	$	23,273	$	878,590

	Commercial		Residential		Commercial
	Real Estate		Real Estate		andIndustrial			Indirect	Consumer		Totals
	Six months ended June 30, 2019
Allowance for loan losses:
Beginning balance	$	1,080	$	320	$	1,542	$	2,915	$	789	$	6,646
Provision for loan losses		172		(18)		364		1,032		10		1,560
Loans charged-off		—		—		(12)		(919)		(15)		(946)
Recoveries		—		3		1		578		16		598
Ending balance	$	1,252	$	305	$	1,895	$	3,606	$	800	$	7,858
Ending balance:
Loans deemed impaired	$	—	$	—	$	41	$	69	$	11	$	121
Loans not deemed impaired	$	1,252	$	305	$	1,854	$	3,537	$	789	$	7,737
Loan receivables:
Ending balance	$	239,163	$	39,959	$	89,473	$	338,367	$	28,903	$	735,865
Ending balance:
Loans deemed impaired	$	2,054	$	2,696	$	307	$	590	$	503	$	6,150
Loans not deemed impaired	$	237,109	$	37,263	$	89,166	$	337,777	$	28,400	$	729,715

	Commercial		Residential		Commercial
	Real Estate		Real Estate		andIndustrial		Indirect		Consumer		Totals
	December 31, 2019
Allowance for loan losses:
Ending balance:
Loans deemed impaired	$	—	$	—	$	—	$	107	$	—	$	107
Loans not deemed impaired	$	2,009	$	99	$	603	$	3,010	$	126	$	5,847
Loan receivables:
Ending balance	$	268,640	$	43,726	$	90,554	$	360,569	$	26,028	$	789,517
Ending balance:
Loans deemed impaired	$	4,296	$	2,341	$	905	$	953	$	426	$	8,921
Loans not deemed impaired	$	264,344	$	41,385	$	89,649	$	359,616	$	25,602	$	780,596