Loans and Allowance for Lease and Loan Losses (Tables)

12 Months Ended

Dec. 31, 2020

Loans and Allowance for Lease and Loan Losses

Schedule of summary loan portfolio

A summary of the Company’s loan portfolio is as follows:

	December 31,		December 31,
	2020		2019
Commercial real estate loans:
Construction	$	5,392	$	20,354
Non-residential		248,349		228,157
Multi-family		30,379		20,129
Residential real estate loans		39,239		43,726
Commercial and industrial loans(1)		154,016		90,554
Consumer loans:
Indirect automobile		376,260		360,569
Home equity		14,165		16,276
Other consumer		8,816		9,752
Total gross loans		876,616		789,517
Net deferred loan costs		8,830		9,908
Allowance for loan losses		(11,633)		(5,954)
Total net loans	$	873,813	$	793,471

(1)Includes $75,366 in SBA PPP loans at December 31, 2020.

Schedule of loans by risk rating and portfolio segment

	December 31, 2020
	Pass		Special Mention		Substandard		Total
Commercial real estate:
Construction	$	5,392	$	—	$	—	$	5,392
Non-residential		240,778		5,468		2,103		248,349
Multifamily		30,379		—		—		30,379
Residential real estate		36,597		—		2,642		39,239
Commercial and industrial		147,748		5,395		873		154,016
Consumer:
Indirect automobile		375,270		—		990		376,260
Home equity		13,819		—		346		14,165
Other consumer		8,768		—		48		8,816
Total	$	858,751	$	10,863	$	7,002	$	876,616

	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

	December 31, 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	$	5,392	$	—	$	—	$	—	$	5,392	$	—
Non-residential		244,387		1,985		33		1,944		248,349		1,944
Multifamily		30,379		—		—		—		30,379		—
Residential real estate		36,581		1,351		138		1,169		39,239		2,641
Commercial and industrial		151,771		1,551		511		183		154,016		366
Consumer:
Indirect automobile		367,929		6,321		1,063		947		376,260		990
Home equity		13,506		310		101		248		14,165		346
Other consumer		8,663		98		7		48		8,816		48
Total	$	858,608	$	11,616	$	1,853	$	4,539	$	876,616	$	6,335

	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

There were no loans greater than 90 days past due and still accruing as of December 31, 2020 or 2019.

Schedule of information to impaired loans by loan portfolio class

	December 31, 2020
	Recorded		Unpaid Principal		Related		Average Recorded
	Investment		Balance		Allowance		Investment
With no related allowance recorded:
Commercial real estate:
Non-residential	$	1,944	$	2,973	$	—	$	3,086
Multifamily		—		—		—		184
Residential real estate		2,641		3,086		—		2,554
Commercial and industrial		345		586		—		426
Consumer:
Indirect automobile		397		467		—		293
Home equity		346		351		—		449
Other consumer		—		—		—		21
Total	$	5,673	$	7,463	$	—	$	7,013
With an allowance recorded:
Commercial and industrial	$	21	$	21	$	11	$	30
Consumer:
Indirect automobile		593		613		135		591
Other consumer		48		49		7		13
Total	$	662	$	683	$	153	$	634
Total:
Commercial real estate:
Non-residential	$	1,944	$	2,973	$	—	$	3,086
Multifamily		—		—		—		184
Residential real estate		2,641		3,086		—		2,554
Commercial and industrial		366		607		11		456
Consumer:
Indirect automobile		990		1,080		135		884
Home equity		346		351		—		449
Other consumer		48		49		7		34
Total	$	6,335	$	8,146	$	153	$	7,647

	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		Residential		Commercial
	Real Estate		Real Estate		andIndustrial		Indirect		Consumer		Totals
	Year ended December 31, 2020
Allowance for loan losses:
Beginning balance	$	2,009	$	99	$	603	$	3,117	$	126	$	5,954
Provision for loan losses		3,341		18		585		3,166		28		7,138
Loans charged-off		—		—		(153)		(2,307)		(47)		(2,507)
Recoveries		4		—		15		998		31		1,048
Ending balance	$	5,354	$	117	$	1,050	$	4,974	$	138	$	11,633
Ending balance:
Loans deemed impaired	$	—	$	—	$	11	$	135	$	7	$	153
Loans not deemed impaired	$	5,354	$	117	$	1,039	$	4,839	$	131	$	11,480
Loan receivables:
Ending balance	$	284,120	$	39,239	$	154,016	$	376,260	$	22,981	$	876,616
Ending balance:
Loans deemed impaired	$	1,944	$	2,641	$	366	$	990	$	394	$	6,335
Loans not deemed impaired	$	282,176	$	36,598	$	153,650	$	375,270	$	22,587	$	870,281

	Commercial		Residential		Commercial
	Real Estate		Real Estate		andIndustrial		Indirect		Consumer		Totals
	Year ended December 31, 2019
Allowance for loan losses:
Beginning balance	$	1,080	$	320	$	1,542	$	2,915	$	789	$	6,646
Provision for loan losses		2,679		(302)		(645)		1,332		(604)		2,460
Loans charged-off		(1,750)		—		(312)		(2,083)		(132)		(4,277)
Recoveries		—		81		18		953		73		1,125
Ending balance	$	2,009	$	99	$	603	$	3,117	$	126	$	5,954
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