Loans Receivable and Related Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2015

Loans Notes Trade and Other Receivables Disclosure [Abstract]

Schedule Of Classification Of Loans Receivable [Table Text Block]

The Corporation’s loans receivable as of the respective dates are summarized as follows:

(Dollar amounts in thousands)	September 30,		December 31,
	2015		2014
Mortgage loans on real estate:
Residential first mortgages	$	133,628	$	107,173
Home equity loans and lines of credit		89,398		89,106
Commercial real estate		112,686		110,810
		335,712		307,089
Other loans:
Commercial business		68,499		70,185
Consumer		6,912		7,598
		75,411		77,783
Total loans, gross		411,123		384,872
Less allowance for loan losses		5,079		5,224
Total loans, net	$	406,044	$	379,648

Schedule Of Impaired Loans Receivable, Additional Information [Table Text Block]

The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of September 30, 2015:

(Dollar amounts in thousands)
	Impaired Loans with Specific Allowance
							For the three months
	As of September 30, 2015						ended September 30, 2015
											Cash Basis
	Unpaid						Average		Interest Income		Interest
	Principal		Recorded		Related		Recorded		Recognized		Recognized
	Balance		Investment		Allowance		Investment		in Period		in Period
Residential first mortgages	$	170	$	170	$	28	$	169	$	2	$	2
Home equity and lines of credit		-		-		-		-		-		-
Commercial real estate		94		94		5		1,345		8		8
Commercial business		940		940		158		1,050		4		4
Consumer		-		-		-		-		-		-
Total	$	1,204	$	1,204	$	191	$	2,564	$	14	$	14

	For the nine months
	ended September 30, 2015
					Cash Basis
	Average		Interest Income		Interest
	Recorded		Recognized		Recognized
	Investment		in Period		in Period
Residential first mortgages	$	170	$	6	$	6
Home equity and lines of credit		-		-		-
Commercial real estate		1,993		11		11
Commercial business		1,820		122		110
Consumer		-		-		-
Total	$	3,983	$	139	$	127

	Impaired Loans with No Specific Allowance
					For the three months
	As of September 30, 2015				ended September 30, 2015
									Cash Basis
	Unpaid				Average		Interest Income		Interest
	Principal		Recorded		Recorded		Recognized		Recognized
	Balance		Investment		Investment		in Period		in Period
Residential first mortgages	$	-	$	-	$	-	$	-	$	-
Home equity and lines of credit		-		-		-		-		-
Commercial real estate		3,871		2,530		1,468		9		1
Commercial business		77		77		75		-		-
Consumer		-		-		-		-		-
Total	$	3,948	$	2,607	$	1,543	$	9	$	1

	For the nine months
	ended September 30, 2015
					Cash Basis
	Average		Interest Income		Interest
	Recorded		Recognized		Recognized
	Investment		in Period		in Period
Residential first mortgages	$	56	$	7	$	7
Home equity and lines of credit		-		-		-
Commercial real estate		1,150		47		39
Commercial business		63		2		2
Consumer		-		-		-
Total	$	1,269	$	56	$	48

The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of December 31, 2014:

(Dollar amounts in thousands)
	Impaired Loans with Specific Allowance
							For the year ended
	As of December 31, 2014						December 31, 2014
											Cash Basis
	Unpaid						Average		Interest Income		Interest
	Principal		Recorded		Related		Recorded		Recognized		Recognized
	Balance		Investment		Allowance		Investment		in Period		in Period
Residential first mortgages	$	171	$	171	$	27	$	136	$	12	$	12
Home equity and lines of credit		-		-		-		-		-		-
Commercial real estate		3,615		2,674		268		2,673		16		-
Commercial business		2,622		2,622		495		1,524		66		-
Consumer		-		-		-		-		-		-
Total	$	6,408	$	5,467	$	790	$	4,333	$	94	$	12

	Impaired Loans with No Specific Allowance
					For the year ended
	As of December 31, 2014				December 31, 2014
									Cash Basis
	Unpaid				Average		Interest Income		Interest
	Principal		Recorded		Recorded		Recognized		Recognized
	Balance		Investment		Investment		in Period		in Period
Residential first mortgages	$	114	$	114	$	74	$	2	$	-
Home equity and lines of credit		-		-		-		-		-
Commercial real estate		1,254		855		839		15		4
Commercial business		51		51		250		1		1
Consumer		-		-		1,078		533		533
Total	$	1,419	$	1,020	$	2,241	$	551	$	538

The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of September 30, 2014:

(Dollar amounts in thousands)
	Impaired Loans with Specific Allowance
							For the three months
	As of September 30, 2014						ended September 30, 2014
											Cash Basis
	Unpaid						Average		Interest Income		Interest
	Principal		Recorded		Related		Recorded		Recognized		Recognized
	Balance		Investment		Allowance		Investment		in Period		in Period
Residential first mortgages	$	171	$	171	$	28	$	172	$	1	$	1
Home equity and lines of credit		-		-		-		-		-		-
Commercial real estate		3,681		2,740		223		2,724		3		-
Commercial business		2,372		2,372		445		2,291		-		-
Consumer		-		-		-		-		-		-
Total	$	6,224	$	5,283	$	696	$	5,187	$	4	$	1

	For the nine months
	ended September 30, 2014
					Cash Basis
	Average		Interest Income		Interest
	Recorded		Recognized		Recognized
	Investment		in Period		in Period
Residential first mortgages	$	126	$	10	$	10
Home equity and lines of credit		-		-		-
Commercial real estate		2,673		16		-
Commercial business		1,250		53		-
Consumer		-		-		-
Total	$	4,049	$	79	$	10

	Impaired Loans with No Specific Allowance
					For the three months
	As of September 30, 2014				ended September 30, 2014
									Cash Basis
	Unpaid				Average		Interest Income		Interest
	Principal		Recorded		Recorded		Recognized		Recognized
	Balance		Investment		Investment		in Period		in Period
Residential first mortgages	$	116	$	116	$	117	$	-	$	-
Home equity and lines of credit		-		-		-		-		-
Commercial real estate		1,269		870		980		-		-
Commercial business		52		52		240		-		-
Consumer		1,348		1,348		1,348		-		-
Total	$	2,785	$	2,386	$	2,685	$	-	$	-

	For the nine months
	ended September 30, 2014
					Cash Basis
	Average		Interest Income		Interest
	Recorded		Recognized		Recognized
	Investment		in Period		in Period
Residential first mortgages	$	64	$	2	$	-
Home equity and lines of credit		-		-		-
Commercial real estate		835		14		3
Commercial business		300		1		1
Consumer		1,348		-		-
Total	$	2,547	$	17	$	4

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents the classes of the loan portfolio summarized by the aggregate pass and the criticized categories of special mention, substandard and doubtful within the Corporation’s internal risk rating system as of September 30, 2015 and December 31, 2014:

(Dollar amounts in thousands) 

					Special
	Not Rated		Pass		Mention		Substandard		Doubtful		Total
September 30, 2015:
Residential first mortgages	$	132,249	$	-	$	-	$	1,379	$	-	$	133,628
Home equity and lines of credit		89,009		-		-		389		-		89,398
Commercial real estate		-		106,687		93		5,906		-		112,686
Commercial business		-		66,304		887		1,308		-		68,499
Consumer		6,912		-		-		-		-		6,912
Total	$	228,170	$	172,991	$	980	$	8,982	$	-	$	411,123
December 31, 2014:
Residential first mortgages	$	106,448	$	-	$	-	$	725	$	-	$	107,173
Home equity and lines of credit		88,699		-		-		407		-		89,106
Commercial real estate		-		103,908		515		6,387		-		110,810
Commercial business		-		65,627		1,292		3,266		-		70,185
Consumer		7,598		-		-		-		-		7,598
Total	$	202,745	$	169,535	$	1,807	$	10,785	$	-	$	384,872

Past Due Financing Receivables [Table Text Block]

The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonperforming loans as of September 30, 2015 and December 31, 2014:

(Dollar amounts in thousands) 

	Performing						Nonperforming
	Accruing		Accruing		Accruing		Accruing
	Loans Not		30-59 Days		60-89 Days		90 Days +				Total
	Past Due		Past Due		Past Due		Past Due		Nonaccrual		Loans
September 30, 2015:
Residential first mortgages	$	131,297	$	951	$	-	$	169	$	1,211	$	133,628
Home equity and lines of credit		88,668		294		48		-		388		89,398
Commercial real estate		110,056		100		-		-		2,530		112,686
Commercial business		67,765		-		-		-		734		68,499
Consumer		6,860		37		15		-		-		6,912
Total loans	$	404,646	$	1,382	$	63	$	169	$	4,863	$	411,123
December 31, 2014:
Residential first mortgages	$	104,523	$	1,523	$	402	$	78	$	647	$	107,173
Home equity and lines of credit		87,982		675		42		-		407		89,106
Commercial real estate		107,292		30		55		16		3,417		110,810
Commercial business		67,808		-		-		-		2,377		70,185
Consumer		7,545		41		12		-		-		7,598
Total loans	$	375,150	$	2,269	$	511	$	94	$	6,848	$	384,872

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table presents the Corporation’s nonaccrual loans by aging category as of September 30, 2015 and December 31, 2014:

(Dollar amounts in thousands) 

	Not		30-59 Days		60-89 Days		90 Days +		Total
	Past Due		Past Due		Past Due		Past Due		Loans
September 30, 2015:
Residential first mortgages	$	155	$	-	$	-	$	1,056	$	1,211
Home equity and lines of credit		-		15		-		373		388
Commercial real estate		2,357		55		-		118		2,530
Commercial business		705		-		-		29		734
Consumer		-		-		-		-		-
Total loans	$	3,217	$	70	$	-	$	1,576	$	4,863
December 31, 2014:
Residential first mortgages	$	283	$	-	$	80	$	284	$	647
Home equity and lines of credit		33		18		-		356		407
Commercial real estate		2,848		-		-		569		3,417
Commercial business		2,151		-		188		38		2,377
Consumer		-		-		-		-		-
Total loans	$	5,315	$	18	$	268	$	1,247	$	6,848

Allowance For Credit Losses On Loans Receivables, Additional Information [Table Text Block]

The following table details activity in the ALL and the recorded investment by portfolio segment based on impairment method:

(Dollar amounts in thousands) 

			Home Equity
	Residential		& Lines		Commercial		Commercial
	Mortgages		of Credit		Real Estate		Business		Consumer		Total
Three months ended September 30, 2015:
Allowance for loan losses:
Beginning Balance	$	1,258	$	622	$	2,161	$	1,282	$	47	$	5,370
Charge-offs		(43)		(128)		(35)		-		(3)		(209)
Recoveries		-		-		6		12		2		20
Provision		173		122		(164)		(232)		(1)		(102)
Ending Balance	$	1,388	$	616	$	1,968	$	1,062	$	45	$	5,079
Nine months ended September 30, 2015:
Allowance for loan losses:
Beginning Balance	$	955	$	543	$	2,338	$	1,336	$	52	$	5,224
Charge-offs		(47)		(213)		(35)		(182)		(32)		(509)
Recoveries		-		30		18		31		16		95
Provision		480		256		(353)		(123)		9		269
Ending Balance	$	1,388	$	616	$	1,968	$	1,062	$	45	$	5,079
September 30, 2015:
Ending ALL balance attributable to loans:
Individually evaluated for impairment		28		-		5		158		-		191
Collectively evaluated for impairment		1,360		616		1,963		904		45		4,888
Total loans:
Individually evaluated for impairment		170		-		2,624		1,017		-		3,811
Collectively evaluated for impairment		133,458		89,398		110,062		67,482		6,912		407,312
At December 31, 2014:
Ending ALL balance attributable to loans:
Individually evaluated for impairment		27		-		268		495		-		790
Collectively evaluated for impairment		928		543		2,070		841		52		4,434
Total loans:
Individually evaluated for impairment		285		-		3,529		2,673		-		6,487
Collectively evaluated for impairment		106,888		89,106		107,281		67,512		7,598		378,385
Three months ended September 30, 2014:
Allowance for loan losses:
Beginning Balance	$	917	$	468	$	2,375	$	1,233	$	53	$	5,046
Charge-offs		(38)		(30)		-		-		(24)		(92)
Recoveries		-		-		4		-		9		13
Provision		62		101		(11)		(3)		14		163
Ending Balance	$	941	$	539	$	2,368	$	1,230	$	52	$	5,130
Nine months ended September 30, 2014:
Allowance for loan losses:
Beginning Balance	$	923	$	625	$	2,450	$	822	$	49	$	4,869
Charge-offs		(135)		(44)		(2)		(17)		(91)		(289)
Recoveries		-		-		13		7		22		42
Provision		153		(42)		(93)		418		72		508
Ending Balance	$	941	$	539	$	2,368	$	1,230	$	52	$	5,130