Loans

9 Months Ended

Sep. 30, 2017

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, 2017		December 31, 2016
Residential mortgage	$	88,249	$	87,581
Commercial mortgage		461,012		465,486
Commercial:
Commercial term		120,786		123,175
Commercial construction		84,428		72,755
Consumer:
Home equity		59,433		62,560
Other		5,845		5,972
Total loans	$	819,753	$	817,529
Less allowance for credit losses		(5,594)		(5,373)
Net loans	$	814,159	$	812,156

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

					Three Months Ended September 30, 2017						Nine Months Ended September 30, 2017
(Dollars in thousands)	September 30, 2017		December 31, 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	$	2,070	$	1,770	$	23	$	-	$	23	$	65	$	-	$	65
Commercial mortgage		2,311		4,593		33		-		33		110		-		110
Commercial:
Commercial term		1,506		198		27		-		27		93		-		93
Commercial construction		447		1,242		46		-		46		137		-		137
Consumer:
Home equity		468		442		5		-		5		17		-		17
Other		308		256		9		-		9		21		-		21
Total non-accrual loans	$	7,110	$	8,501	$	143	$	-	$	143	$	443	$	-	$	443
Loans 90 days past due and accruing		-		-		-		-		-		-		-		-
Total non-performing loans	$	7,110	$	8,501	$	143	$	-	$	143	$	443	$	-	$	443

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