Loans

9 Months Ended

Sep. 30, 2016

Loans [Abstract]

Loans

NOTE 3: LOANS

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

(Dollars in thousands)	September 30, 2016		December 31, 2015
Residential mortgage	$	28,379	$	28,651
Commercial mortgage		287,638		274,132
Commercial:
Commercial term		104,755		102,178
Commercial construction		29,677		20,364
Consumer:
Home equity		53,175		51,270
Other		5,851		5,163
Total loans	$	509,475	$	481,758
Less allowance for credit losses		(5,303)		(4,935)
Net loans	$	504,172	$	476,823

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

					Three Months Ended September 30, 2016						Nine Months Ended September 30, 2016
(Dollars in thousands)	December 31, 2015		September 30, 2016		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	$	1,619	$	1,759	$	15	$	-	$	15	$	51	$	-	$	51
Commercial mortgage		1,048		3,061		74		-		74		139		-		139
Commercial:
Commercial term		188		202		3		-		3		9		-		9
Commercial construction		1,028		1,217		46		-		46		134		-		134
Consumer:
Home equity		563		492		7		-		7		23		-		23
Other		189		221		5		-		5		14		-		14
Total non-accrual loans	$	4,635	$	6,952	$	150	$	-	$	150	$	370	$	-	$	370
Loans 90 days past due and accruing		457		-		-		-		-		2		2		-
Total non-performing loans	$	5,092	$	6,952	$	150	$	-	$	150	$	372	$	2	$	370

			Three Months Ended September 30, 2015						Nine Months Ended September 30, 2015
(Dollars in thousands)	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	$	1,600	$	10	$	-	$	10	$	50	$	-	$	50
Commercial mortgage		1,075		21		-		21		64		-		64
Commercial:
Commercial term		191		2		-		2		7		-		7
Commercial construction		451		56		-		56		226		-		226
Consumer:
Home equity		313		7		-		7		19		-		19
Other		120		6		-		6		14		-		14
Total non-accrual loans	$	3,750	$	102	$	-	$	102	$	380	$	-	$	380
Loans 90 days past due and accruing		498		-		-		-		5		5		-
Total non-performing loans	$	4,248	$	102	$	-	$	102	$	385	$	5	$	380