10. Non-Performing Assets Including Troubled Debt Restructurings (TDR)

The following table presents information concerning non-performing assets including TDR (in thousands, except percentages):


	March 31,			December 31,
	2020			2019
Non-accrual loans
Commercial and industrial	$	25		$	—
Commercial loans secured by non-owner occupied real estate		8			8
Real estate-residential mortgage		1,404			1,479
Total		1,437			1,487
Other real estate owned
Real estate-residential mortgage		—			37
Total		—			37
TDR’s not in non-accrual
Commercial and industrial		807			815
Total		807			815
Total non-performing assets including TDR	$	2,244		$	2,339
Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned		0.26	%		0.26	%

The Company had no loans past due 90 days or more for the periods presented which were accruing interest.

The following table sets forth, for the periods indicated, (1) the gross interest income that would have been recorded if non-accrual loans had been current in accordance with their original terms and had been outstanding throughout the period or since origination if held for part of the period, (2) the amount of interest income actually recorded on such loans, and (3) the net reduction in interest income attributable to such loans (in thousands).


	Three months
	ended
	March 31,
	2020		2019
Interest income due in accordance
with original terms	$	17	$	15
Interest income recorded		—		—
Net reduction in interest income	$	17	$	15

Consistent with accounting and regulatory guidance, the Bank recognizes a TDR when the Bank, for economic or legal reasons related to a borrower’s financial difficulties, grants a concession to the borrower that would not normally be considered. Regardless of the form of concession granted, the Bank’s objective in offering a TDR is to increase the probability of repayment of the borrower’s loan.

The Company had no loans modified as TDRs during the three month periods ending March 31, 2020 and 2019.

All TDRs are individually evaluated for impairment and a related allowance is recorded, as needed. The specific ALL reserve for loans modified as TDRs was $85,000 and $92,000 as of March 31, 2020 and December 31, 2019, respectively.

The Company had no loans that were classified as TDRs or were subsequently modified during each 12‑month period prior to the current reporting periods, which begin January 1, 2019 and 2018, respectively, and that subsequently defaulted during these reporting periods.

The Company is unaware of any additional loans which are required to either be charged-off or added to the non-performing asset totals disclosed above.