Loans

9 Months Ended

Sep. 30, 2018

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, 2018		December 31, 2017
Residential mortgage	$	103,093	$	93,959
Commercial mortgage		524,672		484,868
Commercial:
Commercial term		140,810		129,535
Commercial construction		81,297		75,014
Consumer:
Home equity		53,210		56,844
Other		5,211		5,677
Total loans	$	908,293	$	845,897
Less allowance for credit losses		(6,559)		(5,843)
Net loans	$	901,734	$	840,054

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

					Three Months Ended September 30, 2018						Nine Months Ended September 30, 2018
(Dollars in thousands)	September 30,     2018		December 31, 2017		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	$	1,005	$	1,915	$	9	$	-	$	9	$	52	$	-	$	52
Commercial mortgage		1,561		2,259		30		-		30		88		-		88
Commercial:
Commercial term		2,624		2,100		50		-		50		140		-		140
Commercial construction		479		514		9		-		9		29		-		29
Consumer:
Home equity		631		466		9		-		9		17		-		17
Other		171		245		3		-		3		14		-		14
Total non-accrual loans	$	6,471	$	7,499	$	110	$	-	$	110	$	340	$	-	$	340
Loans 90 days past due and accruing		-		54		-		-		-		-		-		-
Total non-performing loans	$	6,471	$	7,553	$	110	$	-	$	110	$	340	$	-	$	340

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