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Loans (Tables)
 9 Months Ended
Sep. 30, 2020
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of related aging categories of loans by segment
The following table presents the related aging categories of loans, by segment, as of September 30, 2020 and December 31, 2019:
 September 30, 2020
  Past DuePast Due 90  
  30 To 89Days Or MoreNon- 
(In Thousands)CurrentDays& Still AccruingAccrualTotal
Commercial, financial, and agricultural$171,344 $245 $— $1,565 $173,154 
Real estate mortgage:     
Residential590,275 2,581 595 1,667 595,118 
Commercial348,644 429 196 6,452 355,721 
Construction43,142 — — 58 43,200 
Consumer automobile loans159,810 374 — 17 160,201 
Other consumer installment loans20,294 373 — 3 20,670 
 1,333,509 $4,002 $791 $9,762 1,348,064 
Net deferred loan fees and discounts1,076    1,076 
Allowance for loan losses(13,429)   (13,429)
Loans, net$1,321,156    $1,335,711 
 December 31, 2019
  Past DuePast Due 90  
  30 To 89Days Or MoreNon- 
(In Thousands)CurrentDays& Still AccruingAccrualTotal
Commercial, financial, and agricultural$153,737 $249 $30 $2,197 $156,213 
Real estate mortgage:     
Residential615,580 4,881 1,529 1,266 623,256 
Commercial355,597 775 164 6,725 363,261 
Construction37,871 131 — 65 38,067 
Consumer automobile loans149,703 709 — 105 150,517 
Other consumer installment loans22,124 579 324 16 23,043 
 1,334,612 $7,324 $2,047 $10,374 1,354,357 
Net deferred loan fees and discounts1,187    1,187 
Allowance for loan losses(11,894)   (11,894)
Loans, net$1,323,905    $1,343,650 
Schedule of interest income if interest had been recorded based on the original loan agreement terms and rate of interest for non-accrual loans and interest income recognized on a cash basis for non-accrual loans
The following table presents interest income the Banks would have recorded if interest had been recorded based on the original loan agreement terms and rate of interest for non-accrual loans and interest income recognized on a cash basis for non-accrual loans for the three and nine months ended September 30, 2020 and 2019:
 Three Months Ended September 30,
 20202019
(In Thousands)Interest Income That
Would Have Been
Recorded Based on
Original Term and Rate		Interest
Income
Recorded on
a Cash Basis		Interest Income That
Would Have Been
Recorded Based on
Original Term and Rate		Interest
Income
Recorded on
a Cash Basis
Commercial, financial, and agricultural$2 $14 $51 $49 
Real estate mortgage:    
Residential14 2 76 76 
Commercial52 — 68 30 
Construction— — 1 1 
Consumer automobile loans— — — — 
Other consumer installment loans— — 1 1 
 $68 $16 $197 $157 
 Nine Months Ended September 30,
 20202019
(In Thousands)Interest Income That
Would Have Been
Recorded Based on
Original Term and Rate		Interest
Income
Recorded on
a Cash Basis		Interest Income That
Would Have Been
Recorded Based on
Original Term and Rate		Interest
Income
Recorded on
a Cash Basis
Commercial, financial, and agricultural$37 $14 $108 $132 
Real estate mortgage:    
Residential27 2 142 118 
Commercial116 — 233 104 
Construction1 — 3 3 
Consumer automobile loans2 3 3 2 
Other consumer installment loans3 — 2 1 
 $186 $19 $491 $360 
Schedule of recorded investment, unpaid principal balance, and related allowance of impaired loans by segment The following table presents the recorded investment, unpaid principal balance, and related allowance of impaired loans by segment as of September 30, 2020 and December 31, 2019:
September 30, 2020
RecordedUnpaid PrincipalRelated
(In Thousands)InvestmentBalanceAllowance
With no related allowance recorded:   
Commercial, financial, and agricultural$1,820 $4,607 $— 
Real estate mortgage:   
Residential4,305 4,305 — 
Commercial4,113 4,113 — 
Construction60 60 — 
Consumer automobile loans— — — 
Installment loans to individuals— — — 
 10,298 13,085 — 
With an allowance recorded:   
Commercial, financial, and agricultural15 15 — 
Real estate mortgage:   
Residential1,272 1,272 187 
Commercial3,092 3,092 920 
Construction— — — 
Consumer automobile loans— — — 
Installment loans to individuals— — — 
 4,379 4,379 1,107 
Total:   
Commercial, financial, and agricultural1,835 4,622 — 
Real estate mortgage:   
Residential5,577 5,577 187 
Commercial7,205 7,205 920 
Construction60 60 — 
Consumer automobile loans— — — 
Installment loans to individuals— — — 
 $14,677 $17,464 $1,107 
 December 31, 2019
 RecordedUnpaid PrincipalRelated
(In Thousands)InvestmentBalanceAllowance
With no related allowance recorded:   
Commercial, financial, and agricultural$2,285 $5,072 $— 
Real estate mortgage:   
Residential5,008 5,008 — 
Commercial5,035 5,035 — 
Construction65 65 — 
Consumer automobile loans— — — 
Installment loans to individuals— — — 
 12,393 15,180 — 
With an allowance recorded:   
Commercial, financial, and agricultural— — — 
Real estate mortgage:   
Residential1,168 1,200 211 
Commercial3,540 3,590 1,104 
Construction— — — 
Consumer automobile loans130 130 62 
Installment loans to individuals16 16 16 
 4,854 4,936 1,393 
Total:   
Commercial, financial, and agricultural2,285 5,072 — 
Real estate mortgage:   
Residential6,176 6,208 211 
Commercial8,575 8,625 1,104 
Construction65 65 — 
Consumer automobile loans130 130 62 
Installment loans to individuals16 16 16 
 $17,247 $20,116 $1,393 
Schedule of average recorded investment in impaired loans and related interest income recognized
The following table presents the average recorded investment in impaired loans and related interest income recognized for the three and nine months ended September 30, 2020 and 2019:
 Three Months Ended September 30,
 20202019
(In Thousands)Average
Investment in
Impaired Loans		Interest Income
Recognized on an
Accrual Basis on
Impaired Loans		Interest Income
Recognized on a
Cash Basis on
Impaired Loans		Average
Investment in
Impaired Loans		Interest Income
Recognized on an
Accrual Basis on
Impaired Loans		Interest Income
Recognized on a
Cash Basis on
Impaired Loans
Commercial, financial, and agricultural$1,543 $33 $14 $5,236 $1 $49 
Real estate mortgage:       
Residential5,117 63 2 5,006 26 76 
Commercial6,587 71 — 9,037 30 31 
Construction54 1 — 70 — 1 
Consumer automobile147 — — 37 — — 
Other consumer installment loans— — — 5 — — 
 $13,448 $168 $16 $19,391 $57 $157 
 Nine Months Ended September 30,
 20202019
(In Thousands)Average
Investment in
Impaired Loans		Interest Income
Recognized on an
Accrual Basis on
Impaired Loans		Interest Income
Recognized on a
Cash Basis on
Impaired Loans		Average
Investment in
Impaired Loans		Interest Income
Recognized on an
Accrual Basis on
Impaired Loans		Interest Income
Recognized on a
Cash Basis on
Impaired Loans
Commercial, financial, and agricultural$1,849 $34 $14 $5,269 $3 $131 
Real estate mortgage:      
Residential5,535 177 2 4,584 81 115 
Commercial7,577 118 — 10,053 91 100 
Construction60 1 — 72 — 3 
Consumer automobile111 1 3 45 — 1 
Other consumer installment loans4 — — 11 — — 
$15,136 $331 $19 $20,034 $175 $350 
Schedule of Loan Modifications that are Considered TDRs Loan modifications that are considered TDRs completed during the three and nine months ended September 30, 2019 were as follows:
Three Months Ended September 30,
2019
(In Thousands, Except Number of Contracts)Number
of
Contracts		Pre-Modification Outstanding Recorded InvestmentPost-Modification Outstanding Recorded Investment
Commercial, financial, and agricultural— $— $— 
Real estate mortgage:
Residential1 2,059 2,059 
Commercial— — — 
 1 $2,059 $2,059 
 Nine Months Ended September 30,
 2019
(In Thousands, Except Number of Contracts)Number
of
Contracts		Pre-Modification
Outstanding
Recorded
Investment		Post-Modification
Outstanding
Recorded
Investment
Commercial, financial, and agricultural2 $4,014 $4,014 
Real estate mortgage:   
Residential1 2,059 2,059 
Commercial2 2,862 2,862 
 5 $8,935 $8,935 
Schedule of credit quality categories
The following table presents the credit quality categories identified above as of September 30, 2020 and December 31, 2019:
 September 30, 2020
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer automobileOther consumer installment loans 
(In Thousands)ResidentialCommercialConstructionTotals
Pass$167,073 $592,131 $341,309 $43,041 $160,184 $20,667 $1,324,405 
Special Mention4,516 1,320 7,960 40 — — 13,836 
Substandard1,565 1,667 6,452 119 17 3 9,823 
$173,154 $595,118 $355,721 $43,200 $160,201 $20,670 $1,348,064 
 December 31, 2019
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer automobile Other consumer installment loans 
(In Thousands)ResidentialCommercialConstructionTotals
Pass$149,349 $618,350 $348,864 $37,931 $150,517 $23,039 $1,328,050 
Special Mention3,174 2,436 5,080 — — — 10,690 
Substandard3,690 2,470 9,317 136 — 4 15,617 
 $156,213 $623,256 $363,261 $38,067 $150,517 $23,043 $1,354,357 
Schedule of activity in the allowance
Activity in the allowance is presented for the three and nine months ended September 30, 2020 and 2019:
 Three Months Ended September 30, 2020
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer automobileOther consumer installment  
(In Thousands)ResidentialCommercialConstructionUnallocatedTotals
Beginning Balance$1,953 $4,478 $3,335 $150 $2,214 $127 $720 $12,977 
Charge-offs— (6)— — (200)(33)— (239)
Recoveries9 1 — — 10 26 — 46 
Provision17 (24)(290)20 (27)135 814 645 
Ending Balance$1,979 $4,449 $3,045 $170 $1,997 $255 $1,534 $13,429 
 
 Three Months Ended September 30, 2019
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer automobileOther consumer installment  
(In Thousands)ResidentialCommercialConstructionUnallocatedTotals
Beginning Balance$1,584 $5,749 $3,523 $132 $1,435 $240 $1,338 $14,001 
Charge-offs— (114)— — (34)(73)— (221)
Recoveries43 2 — 2 14 48 — 109 
Provision159 4 (12)22 (41)27 201 360 
Ending Balance$1,786 $5,641 $3,511 $156 $1,374 $242 $1,539 $14,249 
 
tNine Months Ended September 30, 2020
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer automobileOther consumer installment  
(In Thousands)ResidentialCommercialConstructionUnallocatedTotals
Beginning Balance$1,779 $4,306 $3,210 $118 $1,780 $278 $423 $11,894 
Charge-offs(22)(174)— — (289)(215)— (700)
Recoveries32 48 — 5 17 93 — 195 
Provision190 269 (165)47 489 99 1,111 2,040 
Ending Balance$1,979 $4,449 $3,045 $170 $1,997 $255 $1,534 $13,429 
 Nine Months Ended September 30, 2019
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer automobileOther consumer installment  
(In Thousands)ResidentialCommercialConstructionUnallocatedTotals
Beginning Balance$1,680 $5,616 $4,047 $143 $1,328 $259 $764 $13,837 
Charge-offs(80)(251)(150)— (172)(235)— (888)
Recoveries84 3 1 10 74 93 — 265 
Provision102 273 (387)3 144 125 775 1,035 
Ending Balance$1,786 $5,641 $3,511 $156 $1,374 $242 $1,539 $14,249 
Schedule of concentration of loan
The Company has a concentration of the following to gross loans at September 30, 2020 and 2019: 
 September 30,
 20202019
Owners of residential rental properties16.29 %15.41 %
Owners of commercial rental properties12.98 %12.19 %
Schedule of allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method as of September 30, 2020 and December 31, 2019:
 September 30, 2020
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer AutomobileOther consumer installmentUnallocated 
(In Thousands)ResidentialCommercialConstructionTotals
Allowance for Loan Losses:       
Ending allowance balance attributable to loans:       
Individually evaluated for impairment$— $187 $920 $— $— $— $— $1,107 
Collectively evaluated for impairment1,979 4,262 2,125 170 1,997 255 1,534 12,322 
Total ending allowance balance$1,979 $4,449 $3,045 $170 $1,997 $255 $1,534 $13,429 
Loans:       
Individually evaluated for impairment$1,835 $5,577 $7,205 $60 $— $— $14,677 
Collectively evaluated for impairment171,319 589,541 348,516 43,140 160,201 20,670 1,333,387 
Total ending loans balance$173,154 $595,118 $355,721 $43,200 $160,201 $20,670 $1,348,064 

 December 31, 2019
 Commercial, Financial, and AgriculturalReal Estate MortgagesConsumer AutomobileOther consumer installmentUnallocated 
(In Thousands)ResidentialCommercialConstructionTotals
Allowance for Loan Losses:       
Ending allowance balance attributable to loans:       
Individually evaluated for impairment$— $211 $1,104 $— $62 $16 $— $1,393 
Collectively evaluated for impairment1,779 4,095 2,106 118 1,718 262 423 10,501 
Total ending allowance balance$1,779 $4,306 $3,210 $118 $1,780 $278 $423 $11,894 
Loans:       
Individually evaluated for impairment$2,285 $6,176 $8,575 $65 $130 $16  $17,247 
Collectively evaluated for impairment153,928 617,080 354,686 38,002 150,387 23,027  1,337,110 
Total ending loans balance$156,213 $623,256 $363,261 $38,067 $150,517 $23,043  $1,354,357