Loans Receivable and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2019

Loans Receivable and Allowance for Loan Losses [Abstract]

Summary of loans receivable

	2019		2018
	(dollars in thousands)
Residential mortgage	$	269,654	$	276,389
Commercial		43,127		35,884
Commercial real estate		229,257		244,088
Construction, land acquisition, and development		92,822		114,540
Home equity/2nds		12,031		13,386
Consumer		1,541		1,087
Total loans receivable		648,432		685,374
Unearned loan fees, net		(2,747)		(3,025)
Loans receivable	$	645,685	$	682,349

Changes in allowance for loan losses and recorded investment

	2019
	Residential				Commercial				Home Equity/
	Mortgage		Commercial		Real Estate		ADC		2nds		Consumer		Unallocated		Total
		(dollars in thousands)
Beginning Balance	$	2,224	$	2,736	$	457	$	2,239	$	222	$	1	$	165	$	8,044
Charge-offs		(20)		—		(537)		—		—		(14)		—		(571)
Recoveries		14		—		130		5		11		5		—		165
Net (charge-offs) recoveries		(6)		—		(407)		5		11		(9)		—		(406)
Provision for (reversal of) loan losses		46		(1,315)		934		42		(99)		8		(116)		(500)
Ending Balance	$	2,264	$	1,421	$	984	$	2,286	$	134	$	—	$	49	$	7,138
Ending balance - individually evaluated for impairment	$	752	$	—	$	64	$	32	$	2	$	—	$	—	$	850
Ending balance - collectively evaluated for impairment		1,512		1,421		920		2,254		132		—		49		6,288
	$	2,264	$	1,421	$	984	$	2,286	$	134	$	—	$	49	$	7,138
Ending loan balance -individually evaluated for impairment	$	11,517	$	—	$	1,221	$	880	$	563	$	69			$	14,250
Ending loan balance -collectively evaluated for impairment		256,635		43,127		226,791		91,942		11,468		1,472				631,435
	$	268,152	$	43,127	$	228,012	$	92,822	$	12,031	$	1,541			$	645,685

	2018
	Residential				Commercial				Home Equity/
	Mortgage		Commercial		Real Estate		ADC		2nds		Consumer		Unallocated		Total
	(dollars in thousands)
Beginning Balance	$	3,099	$	527	$	2,805	$	1,236	$	386	$	2	$	—	$	8,055
Charge-offs		(534)		—		(38)		(34)		—		—		—		(606)
Recoveries		228		—		424		—		243		—		—		895
Net (charge-offs) recoveries		(306)		—		386		(34)		243		—		—		289
(Reversal of) provision for loan losses		(569)		2,209		(2,734)		1,037		(407)		(1)		165		(300)
Ending Balance	$	2,224	$	2,736	$	457	$	2,239	$	222	$	1	$	165	$	8,044
Ending balance - individually evaluated for impairment	$	927	$	430	$	142	$	32	$	2	$	—	$	—	$	1,533
Ending balance - collectively evaluated for impairment		1,297		2,306		315		2,207		220		1		165		6,511
	$	2,224	$	2,736	$	457	$	2,239	$	222	$	1	$	165	$	8,044
Ending loan balance - individually evaluated for impairment	$	12,579	$	430	$	1,992	$	1,278	$	871	$	76			$	17,226
Ending loan balance - collectively evaluated for impairment		262,180		35,454		240,701		113,262		12,515		1,011				665,123
	$	274,759	$	35,884	$	242,693	$	114,540	$	13,386	$	1,087			$	682,349

Credit quality breakdown of loan portfolio by class

	2019
			Special
	Pass		Mention		Substandard		Total
	(dollars in thousands)
Residential mortgage	$	264,008	$	—	$	4,144	$	268,152
Commercial		41,927		1,200		—		43,127
Commercial real estate		224,118		2,835		1,059		228,012
ADC		92,304		—		518		92,822
Home equity/2nds		11,490		402		139		12,031
Consumer		1,541		—		—		1,541
	$	635,388	$	4,437	$	5,860	$	645,685

	2018
			Special
	Pass		Mention		Substandard		Total
	(dollars in thousands)
Residential mortgage	$	270,727	$	827	$	3,205	$	274,759
Commercial		35,435		19		430		35,884
Commercial real estate		237,387		3,523		1,783		242,693
ADC		113,072		—		1,468		114,540
Home equity/2nds		12,536		434		416		13,386
Consumer		1,087		—		—		1,087
	$	670,244	$	4,803	$	7,302	$	682,349

Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans

	2019
	30-59		60-89		90+
	Days		Days		Days		Total						Non-
	Past Due		Past Due		Past Due		Past Due		Current		Total		Accrual
	(dollars in thousands)
Residential mortgage	$	3,183	$	81	$	2,200	$	5,464	$	262,688	$	268,152	$	3,766
Commercial		—		—		—		—		43,127		43,127		—
Commercial real estate		—		—		126		126		227,886		228,012		237
ADC		—		89		—		89		92,733		92,822		89
Home equity/2nds		—		—		139		139		11,892		12,031		150
Consumer		—		15		—		15		1,526		1,541		—
	$	3,183	$	185	$	2,465	$	5,833	$	639,852	$	645,685	$	4,242

	2018
	30-59		60-89		90+
	Days		Days		Days		Total						Non-
	Past Due		Past Due		Past Due		Past Due		Current		Total		Accrual
	(dollars in thousands)
Residential mortgage	$	1,060	$	—	$	1,794	$	2,854	$	271,905	$	274,759	$	2,580
Commercial		—		—		430		430		35,454		35,884		430
Commercial real estate		137		—		660		797		241,896		242,693		660
ADC		255		—		387		642		113,898		114,540		558
Home equity/2nds		96		—		428		524		12,862		13,386		428
Consumer		13		—		—		13		1,074		1,087		—
	$	1,561	$	—	$	3,699	$	5,260	$	677,089	$	682,349	$	4,656

Summary of Impaired loans

	2019						2018
	Unpaid						Unpaid
	Principal		Recorded		Related		Principal		Recorded		Related
	Balance		Investment		Allowance		Balance		Investment		Allowance
With no related Allowance:	(dollars in thousands)
Residential mortgage	$	7,258	$	7,035	$	—	$	7,054	$	6,808	$	—
Commercial		—		—		—		—		—		—
Commercial real estate		908		668		—		1,244		1,206		—
ADC		752		752		—		1,142		1,143		—
Home equity/2nds		996		553		—		1,290		859		—
Consumer		69		69		—		76		76		—
With a related Allowance:
Residential mortgage		4,604		4,482		752		5,888		5,771		927
Commercial		—		—		—		476		430		430
Commercial real estate		553		553		64		795		786		142
ADC		128		128		32		135		135		32
Home equity/2nds		12		10		2		13		12		2
Consumer		—		—		—		—		—		—
Totals:
Residential mortgage		11,862		11,517		752		12,942		12,579		927
Commercial		—		—		—		476		430		430
Commercial real estate		1,461		1,221		64		2,039		1,992		142
ADC		880		880		32		1,277		1,278		32
Home equity/2nds		1,008		563		2		1,303		871		2
Consumer		69		69		—		76		76		—

	2019				2018
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
With no related Allowance:	(dollars in thousands)
Residential mortgage	$	6,844	$	318	$	9,232	$	344
Commercial		—		—		47		30
Commercial real estate		1,105		63		1,223		52
ADC		891		36		542		52
Home equity/2nds		730		28		570		42
Consumer		73		5		80		2
With a related Allowance:
Residential mortgage		5,322		259		6,673		288
Commercial		86		—		86		71
Commercial real estate		639		33		1,151		26
ADC		132		8		909		8
Home equity/2nds		16		1		7		1
Consumer		—		—		—		—
Totals:
Residential mortgage		12,166		577		15,905		632
Commercial		86		—		133		101
Commercial real estate		1,744		96		2,374		78
ADC		1,023		44		1,451		60
Home equity/2nds		746		29		577		43
Consumer		73		5		80		2

Schedule of Troubled Debt Restructure Loans

		Recorded		Recorded
		Investment		Investment
	Number of	Prior to		After
	Modifications	Modification		Modification
	(dollars in thousands)
Residential Mortgage	1	$	127	$	127
	1	$	127	$	127

Methods used to account for interest on TDRs

	2019
							Total	Total
	Number of	Accrual		Number of	Nonaccrual		Number of	Balance of
	Modifications	Status		Modifications	Status		Modifications	Modifications
	(dollars in thousands)
Residential mortgage	31	$	7,675	1	$	85	32	$	7,760
Commercial real estate	2		984	—		—	2		984
ADC	1		130	—		—	1		130
Consumer	2		69	—		—	2		69
	36	$	8,858	1	$	85	37	$	8,943

	2018
							Total	Total
	Number of	Accrual		Number of	Nonaccrual		Number of	Balance of
	Modifications	Status		Modifications	Status		Modifications	Modifications
	(dollars in thousands)
Residential mortgage	36	$	9,469	3	$	446	39	$	9,915
Commercial real estate	2		1,019	—		—	2		1,019
ADC	1		134	—		—	1		134
Consumer	3		76	—		—	3		76
	42	$	10,698	3	$	446	45	$	11,144