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Note 4 - Loans Receivable and Related Allowance for Loan Losses (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(Dollar amounts in thousands)

 June 30, 2022 December 31, 2021

Mortgage loans on real estate:

        

Residential first mortgages

 $291,779  $273,823 

Home equity loans and lines of credit

  73,625   75,810 

Commercial real estate

  342,041   326,341 

Total real estate loans

  707,445   675,974 

Other loans:

        

Commercial business

  57,819   65,877 

Consumer

  45,412   48,552 

Total other loans

  103,231   114,429 

Total loans, gross

  810,676   790,403 

Less allowance for loan losses

  10,525   10,393 

Total loans, net

 $800,151  $780,010 
Financing Receivable, Allowance for Credit Loss [Table Text Block]

(Dollar amounts in thousands)

 Residential Mortgages Home Equity & Lines of Credit 

Commercial Real Estate

 Commercial Business 

Consumer

 

Total

Three months ended June 30, 2022:

                        

Allowance for loan losses:

                        

Beginning Balance

 $2,310  $485  $6,444  $651  $378  $10,268 

Charge-offs

  (17)           (160)  (177)

Recoveries

     40   11      8   59 

Provision

  212   (32)  87   (29)  137   375 

Ending Balance

 $2,505  $493  $6,542  $622  $363  $10,525 
                         

Six months ended June 30, 2022:

                        

Allowance for loan losses:

                        

Beginning Balance

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

Charge-offs

  (17)  (15)        (243)  (275)

Recoveries

     40   58      14   112 

Provision

  187   (57)  231   (282)  216   295 

Ending Balance

 $2,505  $493  $6,542  $622  $363  $10,525 
                         

At June 30, 2022:

                        

Ending ALL balance attributable to loans:

                        

Individually evaluated for impairment

 $15  $  $177  $2  $  $194 

Acquired loans collectively evaluated for impairment

                  

Originated loans collectively evaluated for impairment

  2,490   493   6,365   620   363   10,331 

Total

 $2,505  $493  $6,542  $622  $363  $10,525 

Total loans:

                        

Individually evaluated for impairment

 $279  $4  $2,277  $84  $  $2,644 

Acquired loans collectively evaluated for impairment

  24,865   5,666   18,501   1,748   395   51,175 

Originated loans collectively evaluated for impairment

  266,635   67,955   321,263   55,987   45,017   756,857 

Total

 $291,779  $73,625  $342,041  $57,819  $45,412  $810,676 
                         

At December 31, 2021:

                        

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 
                         

Three months ended June 30, 2021:

                        

Allowance for loan losses:

                        

Beginning Balance

 $2,660  $585  $5,472  $612  $356  $9,685 

Charge-offs

        (56)     (38)  (94)

Recoveries

     1   1      5   7 

Provision

  (211)  (49)  409   63   38   250 

Ending Balance

 $2,449  $537  $5,826  $675  $361  $9,848 
                         

Six months ended June 30, 2021:

                        

Allowance for loan losses:

                        

Beginning Balance

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

Charge-offs

        (151)     (128)  (279)

Recoveries

     8   1   1   12   22 

Provision

  (325)  (91)  796   (3)  148   525 

Ending Balance

 $2,449  $537  $5,826  $675  $361  $9,848 
Impaired Financing Receivables [Table Text Block]

(Dollar amounts in thousands)

                        
  

Impaired Loans with Specific Allowance

  

As of June 30, 2022

 

For the three months ended June 30, 2022

  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  $15  $68  $1  $1 

Home equity and lines of credit

                  

Commercial real estate

  2,060   2,060   177   501   24   24 

Commercial business

  2   2   2   126       

Consumer

                  

Total

 $2,130  $2,130  $194  $695  $25  $25 
  

For the six months ended June 30, 2022

  

Average Recorded Investment

 

Interest Income Recognized in Period

 

Cash Basis Interest Recognized in Period

Residential first mortgages

 $68  $1  $1 

Home equity and lines of credit

         

Commercial real estate

  1,020   52   29 

Commercial business

  85       

Consumer

         

Total

 $1,173  $53  $30 
  

Impaired Loans with No Specific Allowance

  

As of June 30, 2022

 

For the three months ended June 30, 2022

  Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period

Residential first mortgages

 $323  $211  $215  $1  $1 

Home equity and lines of credit

  4   4   4       

Commercial real estate

  217   217   1,188   11   11 

Commercial business

  82   82   84   1   1 

Consumer

               

Total

 $626  $514  $1,491  $13  $13 
  

For the six months ended June 30, 2022

  

Average Recorded Investment

 

Interest Income Recognized in Period

 

Cash Basis Interest Recognized in Period

Residential first mortgages

 $219  $2  $2 

Home equity and lines of credit

  4       

Commercial real estate

  1,014   20   20 

Commercial business

  94   5   5 

Consumer

         

Total

 $1,331  $27  $27 

(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 June 30, 2021

 

For the three months ended June 30, 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

 $  $  $  $35  $  $ 

Home equity and lines of credit

                  

Commercial real estate

  315   315   27   344   5   5 

Commercial business

  4   4   4   33       

Consumer

                  

Total

 $319  $319  $31  $412  $5  $5 
  

For the six months ended June 30, 2021

  

Average Recorded Investment

 

Interest Income Recognized in Period

 

Cash Basis Interest Recognized in Period

Residential first mortgages

 $23  $  $ 

Home equity and lines of credit

         

Commercial real estate

  356   8   8 

Commercial business

  48       

Consumer

         

Total

 $427  $8  $8 
  

Impaired Loans with No Specific Allowance

  

As of June 30, 2021

 

For the three months ended June 30, 2021

  Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period

Residential first mortgages

 $424  $312  $282  $1  $1 

Home equity and lines of credit

  4   4   4       

Commercial real estate

  1,013   1,013   1,053   10   10 

Commercial business

  120   120   93   2   2 

Consumer

               

Total

 $1,561  $1,449  $1,432  $13  $13 
  

For the six months ended June 30, 2021

  

Average Recorded Investment

 

Interest Income Recognized in Period

 

Cash Basis Interest Recognized in Period

Residential first mortgages

 $297  $2  $2 

Home equity and lines of credit

  4       

Commercial real estate

  1,122   24   24 

Commercial business

  84   3   3 

Consumer

         

Total

 $1,507  $29  $29 
Financing Receivable Credit Quality Indicators [Table Text Block]

(Dollar amounts in thousands)

                        
  

Not Rated

 

Pass

 Special Mention 

Substandard

 

Doubtful

 

Total

June 30, 2022:

                        

Residential first mortgages

 $290,833  $  $  $946  $  $291,779 

Home equity and lines of credit

  73,341         284      73,625 

Commercial real estate

     307,780   10,264   23,997      342,041 

Commercial business

     52,353   1,260   4,206      57,819 

Consumer

  45,403         9      45,412 

Total loans

 $409,577  $360,133  $11,524  $29,442  $  $810,676 
                         

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 
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

June 30, 2022:

                        

Residential first mortgages

 $288,478  $1,964  $391  $249  $697  $291,779 

Home equity and lines of credit

  72,543   661   137   43   241   73,625 

Commercial real estate

  337,842   1,815   107      2,277   342,041 

Commercial business

  57,472   56      206   85   57,819 

Consumer

  45,029   174   199      10   45,412 

Total loans

 $801,364  $4,670  $834  $498  $3,310  $810,676 
                         

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 
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

June 30, 2022:

                    

Residential first mortgages

 $184  $  $68  $445  $697 

Home equity and lines of credit

  4         237   241 

Commercial real estate

  2,209   8      60   2,277 

Commercial business

  85            85 

Consumer

           10   10 

Total loans

 $2,482  $8  $68  $752  $3,310 
                     

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