Loans

9 Months Ended

Sep. 30, 2015

Loans [Abstract]

Loans

NOTE 3: LOANS

The following table sets forth information concerning the composition of total loans and leases outstanding, as of the dates indicated.

(Dollars in thousands)	September 30, 2015		December 31, 2014
Residential mortgage	$	27,591	$	25,993
Commercial mortgage		287,161		257,310
Commercial:
Commercial term		77,020		80,819
Commercial construction		20,679		35,534
Consumer:
Home equity		52,540		50,192
Other		5,405		5,755
Total loans and leases	$	470,396	$	455,603
Less allowance for credit losses		(4,729)		(4,906)
Net loans and leases	$	465,667	$	450,697

Information concerning non-accrual loans are shown in the following tables:

					Three Months Ended September 30, 2015						Nine Months Ended September 30, 2015
(Dollars in thousands)	December 31, 2014		September 30, 2015		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income
Non-accrual loans:
Residential mortgage	$	2,458	$	1,600	$	10	$	-	$	10	$	50	$	-	$	50
Commercial mortgage		1,294		1,075		21		-		21		64		-		64
Commercial:
Commercial term		198		191		2		-		2		7		-		7
Commercial construction		2,043		451		56		-		56		226		-		226
Consumer:
Home equity		432		313		7		-		7		19		-		19
Other		94		120		6		-		6		14		-		14
Total non-accrual loans	$	6,519	$	3,750	$	102	$	-	$	102	$	380	$	-	$	380
Loans 90 days past due and accruing		334		498		-		-		-		5		5		-
Total non-performing loans	$	6,853	$	4,248	$	102	$	-	$	102	$	385	$	5	$	380

			Three Months Ended September 30, 2014						Nine Months Ended September 30, 2014
(Dollars in thousands)	September 30, 2014		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income		Interest income that would have been recorded under original terms		Interest income recorded during the period		Net impact on interest income
Non-accrual loans:
Residential mortgage	$	2,117	$	21	$	-	$	21	$	45	$	-	$	45
Commercial mortgage		1,131		9		-		9		18		-		18
Commercial:
Commercial term		200		1		-		1		1		-		1
Commercial construction		2,043		87		-		87		267		-		267
Consumer:
Home equity		342		5		-		5		19		3		16
Other		95		5		-		5		10		-		10
Total non-accrual loans	$	5,928	$	128	$	-	$	128	$	360	$	3	$	357
Loans 90 days past due and accruing		105		3		3		-		10		10		-
Total non-performing loans	$	6,033	$	131	$	3	$	128	$	370	$	13	$	357