Loans And Related Allowances For Loan Losses (Tables)

9 Months Ended

Sep. 30, 2022

Loans And Related Allowances For Loan Losses [Abstract]

Loan Portfolio Segments

(in thousands)	Commercial Real Estate		Acquisition and Development		Commercial and Industrial		Residential Mortgage		Consumer		Total
September 30, 2022
Individually evaluated for impairment	$	2,223	$	369	$	—	$	2,376	$	45	$	5,013
Collectively evaluated for impairment		435,750		82,738		269,004		424,717		60,702		1,272,911
Total loans	$	437,973	$	83,107	$	269,004	$	427,093	$	60,747	$	1,277,924
December 31, 2021
Individually evaluated for impairment	$	2,365	$	629	$	90	$	2,644	$	—	$	5,728
Collectively evaluated for impairment		371,926		127,448		180,886		402,042		65,657		1,147,959
Total loans	$	374,291	$	128,077	$	180,976	$	404,686	$	65,657	$	1,153,687

Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating

(in thousands)	Pass		Special Mention		Substandard		Total
September 30, 2022
Commercial real estate
Non owner-occupied	$	223,907	$	6,371	$	12,114	$	242,392
All other CRE		188,707		2,278		4,596		195,581
Acquisition and development
1-4 family residential construction		23,926		—		—		23,926
All other A&D		59,029		—		152		59,181
Commercial and industrial		244,883		4,589		19,532		269,004
Residential mortgage
Residential mortgage - term		360,669		—		5,217		365,886
Residential mortgage - home equity		60,561		—		646		61,207
Consumer		60,557		—		190		60,747
Total	$	1,222,239	$	13,238	$	42,447	$	1,277,924
December 31, 2021
Commercial real estate
Non owner-occupied	$	173,299	$	12,987	$	6,077	$	192,363
All other CRE		174,395		2,357		5,176		181,928
Acquisition and development
1-4 family residential construction		19,924		—		—		19,924
All other A&D		107,532		218		403		108,153
Commercial and industrial		161,429		5,071		14,476		180,976
Residential mortgage
Residential mortgage - term		338,832		—		5,624		344,456
Residential mortgage - home equity		59,533		—		697		60,230
Consumer		65,557		—		100		65,657
Total	$	1,100,501	$	20,633	$	32,553	$	1,153,687

Loan Portfolio Summarized by the Past Due Status

(in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90 Days+ Past Due		Total Past Due and Accruing		Non- Accrual		Total Loans
September 30, 2022
Commercial real estate
Non owner-occupied	$	242,304	$	—	$	—	$	88	$	88	$	—	$	242,392
All other CRE		195,518		—		—		—		—		63		195,581
Acquisition and development
1-4 family residential construction		23,926		—		—		—		—		—		23,926
All other A&D		58,945		69		15		—		84		152		59,181
Commercial and industrial		268,900		104		—		—		104		—		269,004
Residential mortgage
Residential mortgage - term		362,110		29		1,961		429		2,419		1,357		365,886
Residential mortgage - home equity		60,553		233		71		23		327		327		61,207
Consumer		60,325		297		52		29		378		44		60,747
Total	$	1,272,581	$	732	$	2,099	$	569	$	3,400	$	1,943	$	1,277,924
December 31, 2021
Commercial real estate
Non owner-occupied	$	192,363	$	—	$	—	$	—	$	—	$	—	$	192,363
All other CRE		181,847		—		—		—		—		81		181,928
Acquisition and development
1-4 family residential construction		19,924		—		—		—		—		—		19,924
All other A&D		107,763		—		—		—		—		390		108,153
Commercial and industrial		180,676		132		78		—		210		90		180,976
Residential mortgage
Residential mortgage - term		340,429		159		2,222		148		2,529		1,498		344,456
Residential mortgage - home equity		59,485		238		104		—		342		403		60,230
Consumer		65,208		268		29		152		449		—		65,657
Total	$	1,147,695	$	797	$	2,433	$	300	$	3,530	$	2,462	$	1,153,687

Primary Segments of the Allowance for Loan Loss

(in thousands)	Commercial Real Estate		Acquisition and Development		Commercial and Industrial		Residential Mortgage		Consumer		Unallocated		Total
September 30, 2022
Individually evaluated for impairment	$	—	$	—	$	—	$	26	$	4	$	—	$	30
Collectively evaluated for impairment	$	6,356	$	1,499	$	3,402	$	2,951	$	873	$	430	$	15,511
Total ALL	$	6,356	$	1,499	$	3,402	$	2,977	$	877	$	430	$	15,541
December 31, 2021
Individually evaluated for impairment	$	—	$	—	$	28	$	36	$	—	$	—	$	64
Collectively evaluated for impairment	$	6,032	$	2,615	$	2,432	$	3,448	$	934	$	430	$	15,891
Total ALL	$	6,032	$	2,615	$	2,460	$	3,484	$	934	$	430	$	15,955

Impaired Loans and Related Interest Income by Loan Portfolio Class

	Impaired Loans with Specific Allowance				Impaired Loans with No Specific Allowance		Total Impaired Loans
(in thousands)	Recorded Investment		Related Allowances		Recorded Investment		Recorded Investment (1)		Unpaid Principal Balance
September 30, 2022
Commercial real estate
Non owner-occupied	$	—	$	—	$	102	$	102	$	102
All other CRE		—		—		2,121		2,121		2,121
Acquisition and development
1-4 family residential construction		—		—		217		217		217
All other A&D		—		—		152		152		261
Commercial and industrial		—		—		—		—		—
Residential mortgage
Residential mortgage – term		264		26		1,786		2,050		2,091
Residential mortgage – home equity		—		—		326		326		326
Consumer		23		4		22		45		45
Total impaired loans	$	287	$	30	$	4,726	$	5,013	$	5,163
December 31, 2021
Commercial real estate
Non owner-occupied	$	—	$	—	$	106	$	106	$	106
All other CRE		—		—		2,259		2,259		2,259
Acquisition and development
1-4 family residential construction		—		—		239		239		239
All other A&D		—		—		390		390		1,599
Commercial and industrial		90		28		—		90		2,304
Residential mortgage
Residential mortgage – term		344		31		1,897		2,241		2,302
Residential mortgage – home equity		46		5		357		403		422
Consumer		—		—		—		—		—
Total impaired loans	$	480	$	64	$	5,248	$	5,728	$	9,231

(1) Recorded investment consists of unpaid principal balance, net of charge-offs, interest payments received applied to principal and unamortized deferred loan origination fees and cost.

Allowance for Loan Losses Summarized by Loan Portfolio Segments

The following tables present the activity in the ALL for the nine and three month periods ended September 30, 2022 and 2021:

Nine months ended (in thousands)	Commercial Real Estate		Acquisition and Development		Commercial and Industrial		Residential Mortgage		Consumer		Unallocated		Total
ALL balance at January 1, 2022	$	6,032	$	2,615	$	2,460	$	3,484	$	934	$	430	$	15,955
Charge-offs		—		(20)		(134)		(34)		(726)		—		(914)
Recoveries		1		21		92		172		117		—		403
Provision		323		(1,117)		984		(645)		552		—		97
ALL balance at September 30, 2022	$	6,356	$	1,499	$	3,402	$	2,977	$	877	$	430	$	15,541
ALL balance at January 1, 2021	$	5,543	$	2,339	$	2,584	$	5,150	$	370	$	500	$	16,486
Charge-offs		—		(85)		—		(141)		(266)		—		(492)
Recoveries		—		172		511		49		112		—		844
Provision		1,183		484		(695)		(1,460)		626		(70)		68
ALL balance at September 30, 2021	$	6,726	$	2,910	$	2,400	$	3,598	$	842	$	430	$	16,906

Three months ended (in thousands)	Commercial Real Estate		Acquisition and Development		Commercial and Industrial		Residential Mortgage		Consumer		Unallocated		Total
ALL balance at July 1, 2022	$	6,220	$	2,172	$	2,830	$	3,112	$	973	$	430	$	15,737
Charge-offs		—		(20)		(82)		(1)		(181)		—		(284)
Recoveries		—		1		83		71		41		—		196
Provision		136		(654)		571		(205)		44		—		(108)
ALL balance at September 30, 2022	$	6,356	$	1,499	$	3,402	$	2,977	$	877	$	430	$	15,541
ALL balance at July 1, 2021	$	5,675	$	2,500	$	2,944	$	4,859	$	590	$	500	$	17,068
Charge-offs		—		(4)		—		(59)		(91)		—		(154)
Recoveries		—		62		473		20		34		—		589
Provision		1,051		352		(1,017)		(1,222)		309		(70)		(597)
ALL balance at September 30, 2021	$	6,726	$	2,910	$	2,400	$	3,598	$	842	$	430	$	16,906

Average of Impaired Loans and Related Interest Income by Loan Portfolio Class

	Nine months ended						Nine months ended
	September 30, 2022						September 30, 2021
(in thousands)	Average investment		Interest income recognized on an accrual basis		Interest income recognized on a cash basis		Average investment		Interest income recognized on an accrual basis		Interest income recognized on a cash basis
Commercial real estate
Non owner-occupied	$	104	$	9	$	—	$	3,518	$	9	$	—
All other CRE		2,189		67		—		2,984		95		—
Acquisition and development
1-4 family residential construction		228		10		—		256		9		—
All other A&D		325		—		—		599		9		—
Commercial and industrial		23		—		—		—		—		—
Residential mortgage
Residential mortgage – term		2,138		36		15		2,642		56		5
Residential mortgage – home equity		364		—		—		449		—		—
Consumer		19		—		—		17		—		—
Total	$	5,390	$	122	$	15	$	10,465	$	178	$	5

	Three months ended						Three months ended
	September 30, 2022						September 30, 2021
(in thousands)	Average investment		Interest income recognized on an accrual basis		Interest income recognized on a cash basis		Average investment		Interest income recognized on an accrual basis		Interest income recognized on a cash basis
Commercial real estate
Non owner-occupied	$	103	$	3	$	—	$	4,631	$	3	$	—
All other CRE		2,143		22		—		2,787		26		—
Acquisition and development
1-4 family residential construction		221		3		—		249		3		—
All other A&D		264		—		—		602		3		—
Commercial and industrial		—		—		—		—		—		—
Residential mortgage
Residential mortgage – term		2,049		12		10		2,500		17		—
Residential mortgage – home equity		331		—		—		451		—		—
Consumer		39				—		9		—		—
Total	$	5,150	$	40	$	10	$	11,229	$	52	$	—

Troubled Debt Restructuring

	Temporary Rate Modification			Extension of Maturity			Modification of Payment and Other Terms
(in thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Nine months ended September 30, 2021
Commercial real estate
Non owner-occupied	—	$	—	1	$	109	—	$	—
All other CRE	—		—	—		—	—		—
Acquisition and development
1-4 family residential construction	—		—	—		—	—		—
All other A&D	—		—	1		202	—		—
Commercial and industrial	—		—	—		—	—		—
Residential mortgage
Residential mortgage – term	—		—	1		215	—		—
Residential mortgage – home equity	—		—	—		—	—		—
Consumer	—		—	—		—	—		—
Total	—	$	—	3	$	526	—	$	—

	Temporary Rate Modification			Extension of Maturity			Modification of Payment and Other Terms
(in thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Three months ended September 30, 2021
Commercial real estate
Non owner-occupied	—	$	—	—	$	—	—	$	—
All other CRE	—		—	—		—	—		—
Acquisition and development
1-4 family residential construction	—		—	—		—	—		—
All other A&D	—		—	1		202	—		—
Commercial and industrial	—		—	—		—	—		—
Residential mortgage
Residential mortgage – term	—		—	1		215	—		—
Residential mortgage – home equity	—		—	—		—	—		—
Consumer	—		—	—		—	—		—
Total	—	$	—	2	$	417	—	$	—