Allowances for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2021

Allowance for Credit Loss [Abstract]

Summary of Allowances for Loan Losses by Loan Class

The following table summarizes the activity in the allowance for loan losses by loan class for the years ended December 31, 2021 and 2020.

	Agriculture Loans			Commercial and PPP Loans			Commercial Real Estate Loans			Residential Real Estate Loan			Consumer Loans			Municipal Loans			Unallocated Loans			Total
	For the Year Ended December 31, 2021
Allowance for loan losses:
Beginning balance	$	120		$	290		$	314		$	1,702		$	35		$	18		$	310		$	2,789
Charge-offs		—			(24	)		(18	)		(297	)		—			—			—			(339	)
Recoveries		—			22			—			32			—			—			—			54
Provision		(97	)		294			503			197			(13	)		(3	)		(233	)		648
Ending balance	$	23		$	582		$	799		$	1,634		$	22		$	15		$	77		$	3,152
	For the Year Ended December 31, 2020
Allowance for loan losses:
Beginning balance	$	152		$	312		$	255		$	1,707		$	43		$	13		$	220		$	2,702
Charge-offs		—			—			—			(99	)		(12	)		—			—			(111	)
Recoveries		—			—			—			7			7			—			—			14
Provision		(32	)		(22	)		59			87			(3	)		5			90			184
Ending balance	$	120		$	290		$	314		$	1,702		$	35		$	18		$	310		$	2,789

Summary of Balance of Loans Individually Evaluated vs. Collectively Evaluated for Impairment

The following table illustrates the balance of loans individually evaluated vs. collectively evaluated for impairment at December 31, 2021 and 2020.

	Agriculture Loans		Commercial and PPP Loans		Commercial Real Estate Loans		Residential Real Estate Loan		Consumer Loans		Municipal Loans		Unallocated Loans		Total
	As of December 31, 2021
Allowance for loan losses:
Ending balance	$	23	$	582	$	799	$	1,634	$	22	$	15	$	77	$	3,152
Ending balance: individually    evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Ending balance: collectively evaluated    for impairment	$	23	$	582	$	799	$	1,634	$	22	$	15	$	77	$	3,152
Loans:
Ending balance	$	9,341	$	122,378	$	338,749	$	231,302	$	7,087	$	6,182			$	715,039
Ending balance: individually    evaluated for impairment	$	—	$	42	$	—	$	709	$	—	$	—			$	751
Ending balance: loans acquired with deteriorated credit    quality	$	—	$	512	$	4,394	$	650	$	—	$	—			$	5,556
Ending balance: collectively evaluated    for impairment	$	9,341	$	121,824	$	334,355	$	229,943	$	7,087	$	6,182			$	708,732

	Agriculture Loans		Commercial Loans		Commercial Real Estate Loans		Residential Real Estate Loan		Consumer Loans		Municipal Loans		Unallocated Loans		Total
	As of December 31, 2020
Allowance for loan losses:
Ending balance	$	120	$	290	$	314	$	1,702	$	35	$	18		310	$	2,789
Ending balance: individually    evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Ending balance: collectively evaluated    for impairment	$	120	$	290	$	314	$	1,702	$	35	$	18		310	$	2,789
Loans:
Ending balance	$	11,246	$	21,534	$	27,261	$	167,536	$	2,514	$	6,749			$	236,840
Ending balance: individually    evaluated for impairment	$	—	$	2	$	—	$	295	$	—	$	—			$	297
Ending balance: collectively evaluated    for impairment	$	11,246	$	21,532	$	27,261	$	167,241	$	2,514	$	6,749			$	236,543

Summary of Classes of the Loan Portfolio Summarized by the Internal Risk Rating System

The following table presents the classes of the loan portfolio summarized by the internal risk rating system as of December 31, 2021 and 2020:

(In Thousands)			Special
As of December 31, 2021	Pass		Mention		Substandard		Doubtful		Total
Agriculture loans	$	9,341		—		—		—	$	9,341
Commercial and PPP loans	$	117,918		3,757		703		—	$	122,378
Commercial real estate loans	$	332,156		2,077		4,516		—	$	338,749
Residential real estate loans	$	228,664		1,657		981		—	$	231,302
Consumer loans	$	7,087		—		—		—	$	7,087
Municipal loans	$	6,182		—		—		—	$	6,182
Total	$	701,348	$	7,491	$	6,200	$	—	$	715,039
(In Thousands)			Special
As of December 31, 2020	Pass		Mention		Substandard		Doubtful		Total
Agriculture loans	$	11,246		—		—		—	$	11,246
Commercial loans	$	21,259		—		275		—	$	21,534
Commercial real estate loans	$	27,261		—		—		—	$	27,261
Residential real estate loans	$	166,968		—		568		—	$	167,536
Consumer loans	$	2,514		—		—		—	$	2,514
Municipal loans	$	6,749		—		—		—	$	6,749
Total	$	235,997	$	—	$	843	$	—	$	236,840

Summary of Aging Analysis of the Recorded Investment of Past-Due Loans

The following tables present an aging analysis of the recorded investment of past-due loans.

	December 31, 2021
(In Thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Purchased Credit Impaired Loans		Total   Loans		Total > 90 Days and Accruing
Agriculture loans	$	83	$	—	$	—	$	83	$	9,258	$	—	$	9,341	$	—
Commercial and PPP loans		66		—		—		66		121,800		512		122,378		—
Commercial real estate loans		245		—		—		245		334,110		4,394		338,749		—
Residential real estate loans		1,427		211		869		2,507		228,145		650		231,302		762
Consumer loans		31		2		—		33		7,054		—		7,087		—
Municipal loans		—		—		—		—		6,182		—		6,182		—
Total	$	1,852	$	213	$	869	$	2,934	$	706,549	$	5,556	$	715,039	$	762
	December 31, 2020
(In Thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total   Loans		Total > 90 Days and   Accruing
Agriculture loans	$	171	$	—	$	—	$	171	$	11,075	$	11,246	$	—
Commercial loans		66		—		6		72		21,462		21,534		—
Commercial real estate loans		1,297		—		—		1,297		25,964		27,261		—
Residential real estate loans		1,248		831		338		2,417		165,119		167,536		147
Consumer loans		69		26		—		95		2,419		2,514		—
Municipal loans		—		—		—		—		6,749		6,749		—
Total	$	2,851	$	857	$	344	$	4,052	$	232,788	$	236,840	$	147

Summary of Impaired Loans

The following tables present the recorded investment and unpaid principal balances for impaired loans and related allowance, if applicable. Also presented are the average recorded investments and the related amount of interest recognized during the time within the period that the impaired loans were impaired.

	As of December 31, 2021
(In Thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded:
Agriculture loans	$	—	$	—	$	—
Commercial loans		42		61		—
Commercial real estate loans		—		—		—
Residential real estate loans		709		779		—
Consumer loans		—		—		—
Municipal loans		—		—		—
		—		—		—
With an allowance recorded:
Agriculture loans	$	—	$	—	$	—
Commercial loans		—		—		—
Commercial real estate loans		—		—		—
Residential real estate loans		—		—		—
Consumer loans		—		—		—
Municipal loans		—		—		—
		—		—		—
Total
Agriculture loans	$	—	$	—	$	—
Commercial loans		42		61		—
Commercial real estate loans		—		—		—
Residential real estate loans		709		779		—
Consumer loans		—		—		—
Municipal loans		—		—		—
	$	751	$	840	$	—
	As of December 31, 2020
	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded:
Agriculture loans	$	—	$	—	$	—
Commercial loans		2		7		—
Commercial real estate loans		—		—		—
Residential real estate loans		295		332		—
Consumer loans		—		—		—
Municipal loans		—		—		—
With an allowance recorded:
Agriculture loans	$	—	$	—	$	—
Commercial loans		—		—		—
Commercial real estate loans		—		—		—
Residential real estate loans		—		—		—
Consumer loans		—		—		—
Municipal loans		—		—		—
		—		—		—
Total
Agriculture loans	$	—	$	—	$	—
Commercial loans		2		7		—
Commercial real estate loans		—		—		—
Residential real estate loans		295		332		—
Consumer loans		—		—		—
Municipal loans		—		—		—

$ 297 $ 339 $ —

	For the Year Ended December 31,
	2021				2020
(In Thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Agriculture loans	$	—	$	—	$	—	$	—
Commercial loans				—		3		1
Commercial real estate loans		—		—		—		—
Residential real estate loans		759		20		345		11
Consumer loans		—		—		—		—
Municipal loans		—		—		—		—
	$	759	$	20	$	348	$	12
With an allowance recorded:
Agriculture loans		—		—		—		—
Commercial loans		—		—		—		—
Commercial real estate loans		—		—		—		—
Residential real estate loans		—		—		—		—
Consumer loans		—		—		—		—
Municipal loans		—		—		—		—
	$	—	$	—	$	—	$	—
Total	$	759	$	20	$	348	$	12

Summary of Portfolio of Nonaccrual Loans

The following table present nonaccrual loans by classes of the loan portfolio:

(In Thousands)	December 31, 2021		December 31, 2020
Agriculture loans	$	—	$	—
Commercial loans		39		48
Commercial real estate loans		144		—
Residential real estate loans		449		421
Consumer loans		2		—
Municipal loans		—		—
Total	$	634	$	469