Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2018

Loans and Allowance for Loan Losses

Schedule of major categories of loans

	December 31,
(dollars in thousands)	2018		2017
Consumer	$	13,071	$	16,112
Residential real estate		82,637		81,926
Indirect		116,698		85,186
Commercial		14,284		11,257
Construction		2,317		3,536
Commercial real estate		70,113		73,595
Total loans receivable		299,120		271,612
Allowance for credit losses		(2,541)		(2,589)
Net loans receivable	$	296,579	$	269,023

Schedule of amount due from directors and other related parties

	December 31,
(dollars in thousands)	2018		2017
Balance at beginning of year	$	403	$	444
Additions		468		227
Repayments		(367)		(268)
Balance at end of year	$	504	$	403

Schedule of allowance for loan loss and the unearned income on loans

December 31, 2018			Residential								Commercial
(dollars in thousands)	Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate		Unallocated		Total
Balance, beginning of year	$	214	$	1,061	$	774	$	237	$	12	$	291	$	—	$	2,589
Charge-offs		(208)		(589)		(341)		—		—		(13)		—		(1,151)
Recoveries		48		2		183		14		—		—		—		247
Provision for loan losses		107		390		372		(10)		(8)		5		—		856
Balance, end of year	$	161	$	864	$	988	$	241	$	4	$	283	$	—	$	2,541
Individually evaluated for impairment:
Balance in allowance	$	22	$	—	$	—	$	204	$	—	$	—	$	—	$	226
Related loan balance		138		854		—		204		—		1,054		—		2,250
Collectively evaluated for impairment:
Balance in allowance	$	139	$	864	$	988	$	37	$	4	$	283	$	—	$	2,315
Related loan balance		12,933		81,783		116,698		14,080		2,317		69,059		—		296,870

December 31, 2017			Residential								Commercial
(dollars in thousands)	Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate		Unallocated		Total
Balance, beginning of year	$	182	$	1,042	$	693	$	284	$	10	$	259	$	14	$	2,484
Charge-offs		(96)		(3)		(458)		(9)		—		—		—		(566)
Recoveries		8		27		286		—		—		14		—		335
Provision for loan losses		120		(5)		253		(38)		2		18		(14)		336
Balance, end of year	$	214	$	1,061	$	774	$	237	$	12	$	291	$	—	$	2,589
Individually evaluated for impairment:
Balance in allowance	$	52	$	513	$	—	$	217	$	—	$	—	$	—	$	782
Related loan balance		160		2,345		—		217		—		1,176		—		3,898
Collectively evaluated for impairment:
Balance in allowance	$	162	$	548	$	774	$	20	$	12	$	291	$	—	$	1,807
Related loan balance		15,952		79,580		85,186		11,040		3,536		72,420		—		267,714

Schedule of non accrual loans

The following table rolls forward the Company’s activity for nonaccrual loans during the years 2018 and 2017:

		Residential				Commercial
	Consumer	Real Estate	Indirect	Commercial	Construction	Real Estate	Totals
(dollars in thousands)
December 31, 2016	403	2,508	193	—	—	647	3,751
Transfers into nonaccrual	10	329	686	56	402	—	1,483
Transfers to OREO	—	—	—	—	—	—	—
Loans paid down/payoffs	(130)	(429)	(163)	(1)	(84)	(140)	(947)
Loans returned to accrual status	—	(281)	(171)	—	—	—	(452)
Loans charged off	(98)	(3)	(457)	(7)	—	—	(565)
December 31, 2017	185	2,124	88	48	318	507	3,270
Transfers into nonaccrual	290	246	636	27	—	2,295	3,494
Transfers to OREO	—	—	—	—	—	—	—
Loans paid down/payoffs	(27)	(633)	(132)	(48)	(318)	(2,077)	(3,235)
Loans returned to accrual status	(58)	(192)	(135)	—	—	(63)	(448)
Loans charged off	(204)	(589)	(341)	—	—	—	(1,134)
December 31, 2018	186	956	116	27	—	662	1,947

Schedule of risk ratings of loans by categories of loans

December 31, 2018			Residential								Commercial
(dollars in thousands)	Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate			Total
Pass	$	12,888	$	82,111	$	115,724	$	14,284	$	2,317	$	69,900	$	297,224
Special mention		—		424		645		—		—		—		1,069
Substandard		183		102		244		—		—		213		742
Doubtful		—		—		85		—		—		—		85
Loss		—		—		—		—		—		—		—
	$	13,071	$	82,637	$	116,698	$	14,284	$	2,317	$	70,113	$	299,120
Nonaccrual		186		956		116		27		—		662		1,947
Troubled debt restructures		44		—		—		204		—		—		248
Number of TDRs accounts		1		—		—		1		—		—		2
Non-performing TDRs		44		—		—		—		—		—		44
Number of non-performing TDR accounts		1		—		—		—		—		—		1

December 31, 2017			Residential								Commercial
(dollars in thousands)	Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate		Total
Pass	$	16,008	$	81,346	$	83,803	$	11,256	$	3,536	$	73,268	$	269,217
Special mention		77		344		1,027		1		—		327		1,776
Substandard		3		236		315		—		—		—		554
Doubtful		24		—		41		—		—		—		65
Loss		—		—		—		—		—		—		—
	$	16,112	$	81,926	$	85,186	$	11,257	$	3,536	$	73,595	$	271,612
Nonaccrual		185		2,124		88		48		318		507		3,270
Troubled debt restructures		46		—		—		217		—		—		263
Number of TDRs accounts		1		—		—		1		—		—		2
Non-performing TDRs		46		—		—		—		—		—		46
Number of non-performing TDR accounts		1		—		—		—		—		—		1

Schedule of current, past due, and nonaccrual loans by categories of loans

					90 Days or
			30-89 Days		More and
December 31, 2018	Current		Past Due		Still Accruing		Nonaccrual		Total
(dollars in thousands)
Consumer	$	12,669	$	216	$	—	$	186	$	13,071
Residential Real Estate		79,975		732		974		956		82,637
Indirect		115,805		692		85		116		116,698
Commercial		14,144		86		27		27		14,284
Construction		2,317		—		—		—		2,317
Commercial Real Estate		68,926		—		525		662		70,113
	$	293,836	$	1,726	$	1,611	$	1,947	$	299,120

					90 Days or
			30-89 Days		More and
December 31, 2017	Current		Past Due		Still Accruing		Nonaccrual		Total
(dollars in thousands)
Consumer	$	15,823	$	80	$	24	$	185	$	16,112
Residential Real Estate		79,205		597		—		2,124		81,926
Indirect		83,932		1,166		—		88		85,186
Commercial		11,203		—		6		48		11,257
Construction		3,188		—		30		318		3,536
Commercial Real Estate		73,088		—		—		507		73,595
	$	266,439	$	1,843	$	60	$	3,270	$	271,612

Schedule of impaired financing receivables

			Unpaid		Interest				Average
December 31, 2018	Recorded		Principal		Income		Specific		Recorded
(dollars in thousands)	Investment		Balance		Recognized		Reserve		Investment
Impaired loans with specific reserves:
Consumer	$	89	$	89	$	3	$	22	$	136
Residential Real Estate		—		—		—		—		—
Indirect		—		—		—		—		—
Commercial		204		204		12		204		211
Construction		—		—		—		—		—
Commercial Real Estate		—		—		—		—		—
Total impaired loans with specific reserves	$	294	$	294	$	15	$	226	$	347
Impaired loans with no specific reserve:
Consumer	$	96	$	300	$	2		n/a	$	50
Residential Real Estate		956		1,545		4		n/a		1,981
Indirect		116		457		—		n/a		—
Commercial		—		—		—		n/a		—
Construction		—		—		—		n/a		—
Commercial Real Estate		1,267		1,267		39		n/a		1,148
Total impaired loans with no specific reserve	$	2,435	$	3,569	$	45		—	$	3,179

			Unpaid		Interest				Average
December 31, 2017	Recorded		Principal		Income		Specific		Recorded
(dollars in thousands)	Investment		Balance		Recognized		Reserve		Investment
Impaired loans with specific reserves:
Consumer	$	160	$	160	$	5	$	52	$	205
Residential Real Estate		1,294		1,322		—		513		1,312
Indirect		—		—		—		—		—
Commercial		217		217		—		217		223
Construction		—		—		—		—		—
Commercial Real Estate		—		—		—		—		—
Total impaired loans with specific reserves	$	1,671	$	1,699	$	5	$	782	$	1,740
Impaired loans with no specific reserve:
Consumer	$	49	$	49	$	—		n/a	$	—
Residential Real Estate		992		1,760		11		n/a		1,572
Indirect		88		88		—		n/a		—
Commercial		2		2		—		n/a		2
Construction		318		318		—		n/a		322
Commercial Real Estate		1,194		1,194		39		n/a		1,632
Total impaired loans with no specific reserve	$	2,643	$	3,411	$	50		—	$	3,528