XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Allowance for loan losses and credit quality (Tables)
 9 Months Ended
Sep. 30, 2017
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
Changes in the ALL, by class of loans, for the three and nine months ended September 30, 2017 and 2016 were as follows:
For The Three Months Ended September 30, 2017
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Unallocated
Total
 
(Dollars in thousands)
Balance, June 30, 2017
$
1,387

$
481

$
2,753

$
362

$
24

$
26

$
135

$
5,168

Provision (credit) for loan losses
56

(76
)
37

(6
)
3

39

97

150

Recoveries of amounts charged off
36

3

—

3

1

—

—

43

 
1,479

408

2,790

359

28

65

232

5,361

Amounts charged off
(100
)
—

—

—

(2
)
—

—

(102
)
Balance, September 30, 2017
$
1,379

$
408

$
2,790

$
359

$
26

$
65

$
232

$
5,259

For The Three Months Ended September 30, 2016
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Unallocated
Total
 
(Dollars in thousands)
Balance, June 30, 2016
$
1,382

$
373

$
2,837

$
240

$
27

$
26

$
341

$
5,226

Provision (credit) for loan losses
11

28

(64
)
5

4

20

(4
)
—

Recoveries of amounts charged off
—

3

—

1

—

—

—

4

 
1,393

404

2,773

246

31

46

337

5,230

Amounts charged off
—

—

—

—

(4
)
—

—

(4
)
Balance, September 30, 2016
$
1,393

$
404

$
2,773

$
246

$
27

$
46

$
337

$
5,226

For The Nine Months Ended September 30, 2017
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Unallocated
Total
 
(Dollars in thousands)
Balance, December 31, 2016
$
1,399

$
391

$
2,687

$
342

$
26

$
40

$
362

$
5,247

Provision (credit) for loan
  losses
124

8

103

13

7

25

(130
)
150

Recoveries of amounts
  charged off
38

9

—

4

2

—

—

53

 
1,561

408

2,790

359

35

65

232

5,450

Amounts charged off
(182
)
—

—

—

(9
)
—

—

(191
)
Balance, September 30, 2017
$
1,379

$
408

$
2,790

$
359

$
26

$
65

$
232

$
5,259

For The Nine Months Ended September 30, 2016
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Unallocated
Total
 
(Dollars in thousands)
Balance, December 31, 2015
$
1,419

$
514

$
2,792

$
209

$
28

$
38

$
201

$
5,201

Provision (credit) for loan
  losses
79

(119
)
(19
)
62

3

8

136

150

Recoveries of amounts
  charged off
15

9

—

8

3

—

—

35

 
1,513

404

2,773

279

34

46

337

5,386

Amounts charged off
(120
)
—

—

(33
)
(7
)
—

—

(160
)
Balance, September 30, 2016
$
1,393

$
404

$
2,773

$
246

$
27

$
46

$
337

$
5,226
Allocation of Allowance for Loan Losses by Impairment Methodology [Table Text Block]
The allocation of the ALL, summarized on the basis of the Company's impairment methodology by class of loan, as of the balance sheet dates were as follows:
September 30, 2017
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Unallocated
Total
 
(Dollars in thousands)
Individually evaluated
   for impairment
$
57

$
—

$
4

$
—

$
—

$
—

$
—

$
61

Collectively evaluated
   for impairment
1,322

408

2,786

359

26

65

232

5,198

Total allocated
$
1,379

$
408

$
2,790

$
359

$
26

$
65

$
232

$
5,259

December 31, 2016
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Unallocated
Total
 
(Dollars in thousands)
Individually evaluated
   for impairment
$
63

$
—

$
40

$
—

$
—

$
—

$
—

$
103

Collectively evaluated
   for impairment
1,336

391

2,647

342

26

40

362

5,144

Total allocated
$
1,399

$
391

$
2,687

$
342

$
26

$
40

$
362

$
5,247
Allocation of Investment in Loans by Impairment Methodology [Table Text Block]
The recorded investment in loans, summarized on the basis of the Company's impairment methodology by class of loan, as of the balance sheet dates were as follows:
September 30, 2017
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Total
 
(Dollars in thousands)
Individually evaluated
   for impairment
$
1,939

$
84

$
1,484

$
393

$
—

$
—

$
3,900

Collectively evaluated
   for impairment
174,460

36,712

255,708

47,773

3,832

56,517

575,002

Total
$
176,399

$
36,796

$
257,192

$
48,166

$
3,832

$
56,517

$
578,902

December 31, 2016
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Total
 
(Dollars in thousands)
Individually evaluated
   for impairment
$
1,448

$
88

$
3,328

$
432

$
—

$
—

$
5,296

Collectively evaluated
   for impairment
171,279

34,101

245,735

41,567

3,962

31,350

527,994

Total
$
172,727

$
34,189

$
249,063

$
41,999

$
3,962

$
31,350

$
533,290
Financing Receivable Credit Quality Indicators [Table Text Block]
The following tables summarize the loan ratings applied to the Company's loans by class as of the balance sheet dates:
September 30, 2017
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Total
 
(Dollars in thousands)
Pass
$
163,064

$
29,466

$
166,776

$
43,323

$
3,797

$
56,517

$
462,943

Satisfactory/Monitor
9,921

7,164

86,809

4,181

32

—

108,107

Substandard
3,414

166

3,607

662

3

—

7,852

Total
$
176,399

$
36,796

$
257,192

$
48,166

$
3,832

$
56,517

$
578,902


December 31, 2016
Residential Real Estate
Construction Real Estate
Commercial Real Estate
Commercial
Consumer
Municipal
Total
 
(Dollars in thousands)
Pass
$
158,140

$
29,248

$
182,247

$
38,219

$
3,928

$
31,350

$
443,132

Satisfactory/Monitor
10,641

4,830

62,193

3,109

34

—

80,807

Substandard
3,946

111

4,623

671

—

—

9,351

Total
$
172,727

$
34,189

$
249,063

$
41,999

$
3,962

$
31,350

$
533,290
Impaired Financing Receivables [Table Text Block]
The following tables provide information with respect to impaired loans by class of loan as of and for the three and nine months ended September 30, 2017 and September 30, 2016:
 
As of September 30, 2017
For The Three Months Ended September 30, 2017
For The Nine Months Ended September 30, 2017
 
Recorded Investment
(1)
Principal Balance
(1)
Related Allowance
Average Recorded Investment
Interest Income Recognized
Average Recorded Investment
Interest Income Recognized
 
(Dollars in thousands)
Residential real estate
$
300

$
310

$
57

 
 
 
 
Commercial real estate
140

143

4

 
 
 
 
With an allowance recorded
440

453

61

 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
1,639

2,168

—

 
 
 
 
Construction real estate
84

84

—

 
 
 
 
Commercial real estate
1,344

1,417

—

 
 
 
 
Commercial
393

393

—

 
 
 
 
With no allowance recorded
3,460

4,062

—

 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
1,939

2,478

57

$
1,855

$
23

$
1,684

$
54

Construction real estate
84

84

—

84

1

86

3

Commercial real estate
1,484

1,560

4

1,626

18

2,200

72

Commercial
393

393

—

400

7

412

19

Total
$
3,900

$
4,515

$
61

$
3,965

$
49

$
4,382

$
148

____________________
(1)
Does not reflect government guaranties on impaired loans as of September 30, 2017 totaling $564 thousand.

 
As of September 30, 2016
For The Three Months Ended September 30, 2016
For The Nine Months Ended September 30, 2016
 
Recorded Investment
(1)
Principal Balance
(1)
Related Allowance
Average Recorded Investment
Interest Income Recognized
Average Recorded Investment
Interest Income Recognized
 
(Dollars in thousands)
Residential real estate
$
1,388

$
1,788

$
57

$
1,346

$
7

$
1,266

$
23

Construction real estate
89

89

—

89

1

91

3

Commercial real estate
2,883

2,981

61

3,018

28

3,059

59

Commercial
451

451

—

456

—

470

—

Total
$
4,811

$
5,309

$
118

$
4,909

$
36

$
4,886

$
85


____________________
(1)
Does not reflect government guaranties on impaired loans as of September 30, 2016 totaling $654 thousand.

The following table provides information with respect to impaired loans as of December 31, 2016:
 
December 31, 2016
 
 
 
Recorded Investment
(1)
Principal Balance
(1)
Related Allowance
 
 
 
(Dollars in thousands)
 
 
Residential real estate
$
308

$
317

$
63

 
 
Commercial real estate
488

520

40

 
 
With an allowance recorded
796

837

103

 
 
 
 
 
 
 
 
Residential real estate
1,140

1,561

—

 
 
Construction real estate
88

88

—

 
 
Commercial real estate
2,840

2,910

—

 
 
Commercial
432

432

—

 
 
With no allowance recorded
4,500

4,991

—

 
 
 
 
 
 
 
 
Residential real estate
1,448

1,878

63

 
 
Construction real estate
88

88

—

 
 
Commercial real estate
3,328

3,430

40

 
 
Commercial
432

432

—

 
 
Total
$
5,296

$
5,828

$
103

 
 
____________________
(1)
Does not reflect government guaranties on impaired loans as of December 31, 2016 totaling $637 thousand.
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following is a summary of TDR loans by class of loan as of the balance sheet dates:
 
September 30, 2017
December 31, 2016
 
Number of Loans
Principal Balance
Number of Loans
Principal Balance
 
(Dollars in thousands)
Residential real estate
28

$
1,939

20

$
1,448

Construction real estate
1

84

1

88

Commercial real estate
10

1,091

10

1,452

Commercial
2

393

2

431

Total
41

$
3,507

33

$
3,419
New Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following tables provide new TDR activity for the three and nine months ended September 30, 2017 and September 30, 2016:
 
New TDRs During the
New TDRs During the
 
Three Months Ended September 30, 2017
Nine Months Ended September 30, 2017
 
Number of Loans
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Number of Loans
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
 
(Dollars in thousands)
Residential real estate
3

$
269

$
276

9

$
649

$
673

Commercial real estate
1

149

149

2

293

293


 
New TDRs During the
New TDRs During the
 
Three Months Ended September 30, 2016
Nine Months Ended September 30, 2016
 
Number of Loans
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Number of Loans
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
 
(Dollars in thousands)
Residential real estate
3

$
89

$
99

6

$
278

$
295

Commercial real estate
4

643

647

6

803

807