XML 43 R31.htm IDEA: XBRL DOCUMENT v3.22.0.1
Note 3 - Loans Receivable and Related Allowance for Loan Losses (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(Dollar amounts in thousands)

 

December 31, 2021

  

December 31, 2020

 

Mortgage loans on real estate:

        

Residential first mortgages

 $273,823  $308,031 

Home equity loans and lines of credit

  75,810   87,088 

Commercial real estate

  326,341   285,625 

Total real estate loans

  675,974   680,744 

Other loans:

        

Commercial business

  65,877   89,139 

Consumer

  48,552   40,035 

Total other loans

  114,429   129,174 

Total loans, gross

  790,403   809,918 

Less allowance for loan losses

  10,393   9,580 

Total loans, net

 $780,010  $800,338 
Financing Receivable, Allowance for Credit Loss [Table Text Block]

(Dollar amounts in thousands)

 

2021

  

2020

 

Balance at the beginning of the year

 $9,580  $6,556 

Provision for loan losses

  1,066   3,247 

Charge-offs

  (369)  (473)

Recoveries

  116   250 

Balance at the end of the year

 $10,393  $9,580 
      

Home Equity

                 
  

Residential

  

& Lines

  

Commercial

  

Commercial

         

(Dollar amounts in thousands)

 

Mortgages

  

of Credit

  

Real Estate

  

Business

  

Consumer

  

Total

 

At December 31, 2021:

                        

Beginning Balance

 $2,774  $620  $5,180  $677  $329  $9,580 

Charge-offs

     (41)  (150)     (178)  (369)

Recoveries

     27   37   19   33   116 

Provision (Credit)

  (439)  (81)  1,186   208   192   1,066 

Ending Balance

 $2,335  $525  $6,253  $904  $376  $10,393 
                         

Ending ALL balance attributable to loans:

                        

Individually evaluated for impairment

 $1  $  $88  $196  $  $285 

Acquired loans collectively evaluated for impairment

                  

Originated loans collectively evaluated for impairment

  2,334   525   6,165   708   376   10,108 

Total

 $2,335  $525  $6,253  $904  $376  $10,393 
                         

Total loans:

                        

Individually evaluated for impairment

 $294  $4  $1,225  $363  $  $1,886 

Acquired loans collectively evaluated for impairment

  29,573   6,370   21,471   2,055   538   60,007 

Originated loans collectively evaluated for impairment

  243,956   69,436   303,645   63,459   48,014   728,510 

Total

 $273,823  $75,810  $326,341  $65,877  $48,552  $790,403 
                         

At December 31, 2020:

                        

Beginning Balance

 $2,309  $626  $2,898  $636  $87  $6,556 

Charge-offs

  (27)  (126)  (75)  (163)  (82)  (473)

Recoveries

  6   15   107   70   52   250 

Provision

  486   105   2,250   134   272   3,247 

Ending Balance

 $2,774  $620  $5,180  $677  $329  $9,580 
                         

Ending ALL balance attributable to loans:

                        

Individually evaluated for impairment

 $  $  $40  $20  $  $60 

Acquired loans collectively evaluated for impairment

                  

Originated loans collectively evaluated for impairment

  2,774   620   5,140   657   329   9,520 

Total

 $2,774  $620  $5,180  $677  $329  $9,580 
                         

Total loans:

                        

Individually evaluated for impairment

 $329  $3  $1,639  $143  $  $2,114 

Acquired loans collectively evaluated for impairment

  44,209   8,491   30,913   5,131   1,017   89,761 

Originated loans collectively evaluated for impairment

  263,493   78,594   253,073   83,865   39,018   718,043 

Total

 $308,031  $87,088  $285,625  $89,139  $40,035  $809,918 
                         
Impaired Financing Receivables [Table Text Block]

(Dollar amounts in thousands)

                        
  

Impaired Loans with Specific Allowance

 
  

As of December 31, 2021

  

For the year ended December 31, 2021

 
  

Unpaid Principal Balance

  

Recorded Investment

  

Related Allowance

  

Average Recorded Investment

  

Interest Income Recognized in Period

  

Cash Basis Interest Recognized in Period

 

Residential first mortgages

 $68  $68  $1  $28  $3  $3 

Home equity and lines of credit

                  

Commercial real estate

  559   559   88   387   30   30 

Commercial business

  250   250   196   79   8   8 

Consumer

                  

Total

 $877  $877  $285  $494  $41  $41 
  

Impaired Loans with No Specific Allowance

 
  

As of December 31, 2021

  

For the year ended December 31, 2021

 
  

Unpaid Principal Balance

  

Recorded Investment

  

Average Recorded Investment

  

Interest Income Recognized in Period

  

Cash Basis Interest Recognized in Period

 

Residential first mortgages

 $338  $226  $284  $3  $3 

Home equity and lines of credit

  4   4   4       

Commercial real estate

  666   666   990   71   71 

Commercial business

  113   113   96   5   5 

Consumer

               

Total

 $1,121  $1,009  $1,374  $79  $79 

(Dollar amounts in thousands)

                        
  

Impaired Loans with Specific Allowance

 
  

As of December 31, 2020

  

For the year ended December 31, 2020

 
  

Unpaid Principal Balance

  

Recorded Investment

  

Related Allowance

  

Average Recorded Investment

  

Interest Income Recognized in Period

  

Cash Basis Interest Recognized in Period

 

Residential first mortgages

 $  $  $  $43  $  $ 

Home equity and lines of credit

           2       

Commercial real estate

  380   380   40   106   17   11 

Commercial business

  78   78   20   53   5   4 

Consumer

                  

Total

 $458  $458  $60  $204  $22  $15 
  

Impaired Loans with No Specific Allowance

 
  

As of December 31, 2020

  

For the year ended December 31, 2020

 
  

Unpaid Principal Balance

  

Recorded Investment

  

Average Recorded Investment

  

Interest Income Recognized in Period

  

Cash Basis Interest Recognized in Period

 

Residential first mortgages

 $440  $329  $300  $7  $7 

Home equity and lines of credit

  3   3   2       

Commercial real estate

  1,259   1,259   1,167   76   66 

Commercial business

  65   65   80   10   6 

Consumer

               

Total

 $1,767  $1,656  $1,549  $93  $79 
Financing Receivable Credit Quality Indicators [Table Text Block]

(Dollar amounts in thousands)

                        
  

Not Rated

  

Pass

  

Special Mention

  

Substandard

  

Doubtful

  

Total

 

December 31, 2021:

                        

Residential first mortgages

 $272,722  $  $  $1,101  $  $273,823 

Home equity and lines of credit

  75,408         402      75,810 

Commercial real estate

     295,891   7,494   22,956      326,341 

Commercial business

     59,628   1,356   4,893      65,877 

Consumer

  48,538         14      48,552 

Total loans

 $396,668  $355,519  $8,850  $29,366  $  $790,403 
                         

December 31, 2020:

                        

Residential first mortgages

 $306,237  $  $  $1,794  $  $308,031 

Home equity and lines of credit

  86,867         221      87,088 

Commercial real estate

     249,357   19,669   16,599      285,625 

Commercial business

     83,059   2,054   4,026      89,139 

Consumer

  39,987         48      40,035 

Total loans

 $433,091  $332,416  $21,723  $22,688  $  $809,918 
Financing Receivable, Past Due [Table Text Block]

(Dollar amounts in thousands)

                        
  

Performing

  

Nonperforming

     
  

Accruing Loans Not Past Due

  

Accruing 30-59 Days Past Due

  

Accruing 60-89 Days Past Due

  

Accruing 90+ Days Past Due

  

Nonaccrual

  

Total

 

December 31, 2021:

                        

Residential first mortgages

 $270,221  $1,913  $588  $291  $810  $273,823 

Home equity and lines of credit

  74,853   230   325   160   242   75,810 

Commercial real estate

  325,018   73         1,250   326,341 

Commercial business

  65,305         234   338   65,877 

Consumer

  48,344   117   77      14   48,552 

Total loans

 $783,741  $2,333  $990  $685  $2,654  $790,403 
                         

December 31, 2020:

                        

Residential first mortgages

 $304,161  $1,836  $239  $176  $1,619  $308,031 

Home equity and lines of credit

  86,093   446   328   146   75   87,088 

Commercial real estate

  283,373   580   41   18   1,613   285,625 

Commercial business

  88,614   72   46   239   168   89,139 

Consumer

  39,917   28   42      48   40,035 

Total loans

 $802,158  $2,962  $696  $579  $3,523  $809,918 
Financing Receivable, Nonaccrual [Table Text Block]

(Dollar amounts in thousands)

                    
  

Not Past Due

  

30-59 Days Past Due

  

60-89 Days Past Due

  

90 Days + Past Due

  

Total

 

December 31, 2021:

                    

Residential first mortgages

 $196  $  $69  $545  $810 

Home equity and lines of credit

  4         238   242 

Commercial real estate

  1,052   10      188   1,250 

Commercial business

  338            338 

Consumer

           14   14 

Total loans

 $1,590  $10  $69  $985  $2,654 
                     

December 31, 2020:

                    

Residential first mortgages

 $220  $70  $  $1,329  $1,619 

Home equity and lines of credit

  4         71   75 

Commercial real estate

  1,016      24   573   1,613 

Commercial business

  168            168 

Consumer

           48   48 

Total loans

 $1,408  $70  $24  $2,021  $3,523