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Loans
 12 Months Ended
Dec. 31, 2019
Loans and Leases Receivable Disclosure [Abstract]  
Financing Receivables [Text Block]
Loans
The composition of Net loans at December 31, was as follows:
 
2019
2018
 
(Dollars in thousands)
Residential real estate
$
192,125

$
187,320

Construction real estate
69,617

55,322

Commercial real estate
289,883

276,500

Commercial
47,699

47,228

Consumer
3,562

3,241

Municipal
67,358

72,850

    Gross loans
670,244

642,461

Allowance for loan losses
(6,122
)
(5,739
)
Net deferred loan costs
1,043

938

    Net loans
$
665,165

$
637,660


Qualifying residential first mortgage loans and certain commercial real estate loans with a carrying value of $207.7 million and $167.7 million were pledged as collateral for borrowings from the FHLB under a blanket lien at December 31, 2019 and 2018, respectively.

A summary of current, past due and nonaccrual loans as of the balance sheet dates follows:
December 31, 2019
Current
30-59 Days
60-89 Days
90 Days and over and accruing
Nonaccrual
Total
 
(Dollars in thousands)
Residential real estate
$
187,022

$
2,716

$
1,304

$
811

$
272

$
192,125

Construction real estate
68,731

470

19

368

29

69,617

Commercial real estate
286,795

940

150

—

1,998

289,883

Commercial
47,673

—

5

—

21

47,699

Consumer
3,532

21

6

—

3

3,562

Municipal
67,358

—

—

—

—

67,358

Total
$
661,111

$
4,147

$
1,484

$
1,179

$
2,323

$
670,244


December 31, 2018
Current
30-59 Days
60-89 Days
90 Days and over and accruing
Nonaccrual
Total
 
(Dollars in thousands)
Residential real estate
$
183,624

$
1,984

$
696

$
422

$
594

$
187,320

Construction real estate
52,807

1,451

1,023

—

41

55,322

Commercial real estate
273,778

1,703

153

718

148

276,500

Commercial
47,163

24

8

—

33

47,228

Consumer
3,215

21

5

—

—

3,241

Municipal
72,789

61

—

—

—

72,850

Total
$
633,376

$
5,244

$
1,885

$
1,140

$
816

$
642,461


There were two residential real estate loans totaling $64 thousand in process of foreclosure at December 31, 2019 and three residential real estate loans totaling $255 thousand and one commercial real estate loan totaling $146 thousand in process of foreclosure at December 31, 2018. Aggregate interest not recognized on nonaccrual loans was $271 thousand and $338 thousand for the years ended December 31, 2019 and 2018, respectively.