Loans and Allowance (Tables)

12 Months Ended

Dec. 31, 2019

Loans and Allowance

Schedule of major categories of loans

	December 31,
(dollars in thousands)	2019		2018
Consumer	$	12,076	$	13,071
Residential real estate		81,033		82,637
Indirect		102,384		116,698
Commercial		11,907		14,284
Construction		3,317		2,317
Commercial real estate		74,021		70,113
Total loans receivable		284,738		299,120
Allowance for loan losses		(2,066)		(2,541)
Net loans receivable	$	282,672	$	296,579

Schedule of amount due from directors and other related parties

	December 31,
(dollars in thousands)	2019		2018
Balance at beginning of year	$	504	$	403
Additions		582		468
Repayments		(715)		(367)
Balance at end of year	$	371	$	504

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

December 31, 2019			Residential								Commercial
(dollars in thousands)	Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate		Total
Balance, beginning of year	$	161	$	864	$	988	$	241	$	4	$	283	$	2,541
Charge-offs		(69)		(16)		(504)		(27)		—		—		(616)
Recoveries		16		5		225		10		—		—		256
Provision for loan losses		14		(264)		208		(186)		7		106		(115)
Balance, end of year	$	122	$	589	$	917	$	38	$	11	$	389	$	2,066
Individually evaluated for impairment:
Balance in allowance	$	15	$	—	$	—	$	—	$	—	$	—	$	15
Related loan balance		86		631		—		—		—		3,680		4,397
Collectively evaluated for impairment:
Balance in allowance	$	107	$	589	$	917	$	38	$	11	$	389	$	2,051
Related loan balance		11,990		80,402		102,384		11,907		3,317		70,341		280,341

December 31, 2018			Residential								Commercial
(dollars in thousands)	Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate		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

Schedule of non accrual loans

The following table rolls forward the Company’s activity for nonaccrual loans during the years 2019 and 2018:

		Residential				Commercial
	Consumer	Real Estate	Indirect	Commercial	Construction	Real Estate	Totals
(dollars in thousands)
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
Transfers into nonaccrual	135	571	702	86	—	2,746	4,240
Transfers to OREO	—	—	—	—	—	—	—
Loans paid down/payoffs	(55)	(782)	(76)	(86)	—	(269)	(1,268)
Loans returned to accrual status	(88)	—	(133)	—	—	—	(221)
Loans charged off	(41)	(17)	(486)	(27)	—	—	(571)
December 31, 2019	137	728	123	—	—	3,139	4,127

Schedule of risk ratings of loans by categories of loans

December 31, 2019			Residential								Commercial
(dollars in thousands)	Consumer		Real Estate		Indirect		Commercial		Construction		Real Estate			Total
Pass	$	11,939	$	80,305	$	102,261	$	11,907	$	3,317	$	70,341	$	280,070
Special mention		—		—		—		—		—		—		—
Substandard		137		728		44		—		—		3,680		4,589
Doubtful		—		—		79		—		—		—		79
Loss		—		—		—		—		—		—		—
	$	12,076	$	81,033	$	102,384	$	11,907	$	3,317	$	74,021	$	284,738
Nonaccrual		137		728		123		—		—		3,139		4,127
Troubled debt restructures		41		—		—		—		—		—		41
Number of TDRs accounts		1		—		—		—		—		—		1
Non-performing TDRs		41		—		—		—		—		—		41
Number of non-performing TDR accounts		1		—		—		—		—		—		1

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

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

					90 Days or
			30-89 Days		More and
December 31, 2019	Current		Past Due		Still Accruing		Nonaccrual		Total
(dollars in thousands)
Consumer	$	11,865	$	74	$	—	$	137	$	12,076
Residential Real Estate		80,192		92		21		728		81,033
Indirect		101,605		656		—		123		102,384
Commercial		11,907		—		—		—		11,907
Construction		3,317		—		—		—		3,317
Commercial Real Estate		70,882		—		—		3,139		74,021
	$	279,768	$	822	$	21	$	4,127	$	284,738

					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		80,923		732		26		956		82,637
Indirect		115,890		692		—		116		116,698
Commercial		14,171		86		—		27		14,284
Construction		2,317		—		—		—		2,317
Commercial Real Estate		69,451		—		—		662		70,113
	$	295,421	$	1,726	$	26	$	1,947	$	299,120

Schedule of impaired financing receivables

			Unpaid		Interest				Average
December 31, 2019	Recorded		Principal		Income		Specific		Recorded
(dollars in thousands)	Investment		Balance		Recognized		Reserve		Investment
Impaired loans with specific reserves:
Consumer	$	26	$	41	$	2	$	15	$	50
Residential Real Estate		—		—		—		—		—
Indirect		—		—		—		—		—
Commercial		—		—		—		—		—
Construction		—		—		—		—		—
Commercial Real Estate		—		—		—		—		—
Total impaired loans with specific reserves	$	26	$	41	$	2	$	15	$	50
Impaired loans with no specific reserve:
Consumer	$	96	$	96	$	8		n/a	$	122
Residential Real Estate		728		1,497		14		n/a		1,928
Indirect		123		123		6		n/a		—
Commercial		—		—		—		n/a		—
Construction		—		—		—		n/a		—
Commercial Real Estate		3,680		3,680		81		n/a		3,845
Total impaired loans with no specific reserve	$	4,627	$	5,396	$	109		—	$	5,895

			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		12		204		211
Construction		—		—		—		—		—
Commercial Real Estate		—		—		—		—		—
Total impaired loans with specific reserves	$	89	$	293	$	15	$	226	$	347
Impaired loans with no specific reserve:
Consumer	$	96	$	96	$	2		n/a	$	50
Residential Real Estate		956		1,725		4		n/a		1,981
Indirect		116		116		—		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	$	3,204	$	45		—	$	3,179