Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4 LOANS Major classifications of loans were as follows as of June 30: 2021 2020 Commercial $ 112,337 $ 158,667 Commercial real estate: Construction 10,525 16,235 Other 269,679 229,029 1 – 4 Family residential real estate: Owner occupied 118,269 90,494 Non-owner occupied 19,151 19,370 Construction 9,073 9,344 Consumer 29,646 21,334 Subtotal 568,680 544,473 Net deferred loan fees and costs (2,253 ) (1,612 ) Allowance for loan losses (6,471 ) (5,678 ) Net loans $ 559,956 $ 537,183 The commercial loan category in the above table includes PPP loans of $50,686 June 30, 2021 $66,606 June 30, 2020 zero June 30, 2021 $32,869 June 30, 2020. The following table presents the activity in the allowance for loan losses by portfolio segment for the year ended June 30, 2021: 1-4 Family Commercial Residential Real Real Commercial Estate Estate Consumer Total Allowance for loan losses: Beginning balance $ 947 $ 3,623 $ 989 $ 119 $ 5,678 Provision for loan losses (21 ) 322 319 230 850 Loans charged-off (22 ) — (4 ) (122 ) (148 ) Recoveries — 4 3 84 91 Total ending allowance balance $ 904 $ 3,949 $ 1,307 $ 311 $ 6,471 The following table presents the activity in the allowance for loan losses by portfolio segment for the year ended June 30, 2020: 1-4 Family Commercial Residential Real Real Commercial Estate Estate Consumer Total Allowance for loan losses: Beginning balance $ 660 $ 2,575 $ 494 $ 59 $ 3,788 Provision for loan losses 287 1,044 497 152 1,980 Loans charged-off — — (6 ) (140 ) (146 ) Recoveries — 4 4 48 56 Total ending allowance balance $ 947 $ 3,623 $ 989 $ 119 $ 5,678 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2021. $1,184 1-4 Family Commercial Residential Real Real Commercial Estate Estate Consumer Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 1 $ — $ 3 $ — $ 4 Acquired loans collectively evaluated for impairment — 83 77 — 160 Originated loans collectively evaluated for impairment 903 3,866 1,227 311 6,307 Total ending allowance balance $ 904 $ 3,949 $ 1,307 $ 311 $ 6,471 Recorded investment in loans: Loans individually evaluated for impairment $ 437 $ 921 $ 596 $ — $ 1,954 Acquired loans collectively evaluated for impairment 834 6,542 21,363 6,488 35,227 Originated loans collectively evaluated for impairment 109,016 272,563 125,689 23,162 530,430 Total ending loans balance $ 110,287 $ 280,026 $ 147,648 $ 29,650 $ 567,611 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2020. $1,936 1-4 Family Commercial Residential Real Real Commercial Estate Estate Consumer Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 28 $ 6 $ — $ — $ 34 Acquired loans collectively evaluated for impairment — 103 94 — 197 Originated loans collectively evaluated for impairment 919 3,514 895 119 5,447 Total ending allowance balance $ 947 $ 3,623 $ 989 $ 119 $ 5,678 Recorded investment in loans: Loans individually evaluated for impairment $ 179 $ 1,045 $ 699 $ — $ 1,923 Acquired loans collectively evaluated for impairment 1,095 8,072 27,252 12,550 48,969 Originated loans collectively evaluated for impairment 156,054 236,840 92,168 8,843 493,905 Total ending loans balance $ 157,328 $ 245,957 $ 120,119 $ 21,393 $ 544,797 The following table presents information related to loans individually evaluated for impairment by class of loans as of and for the year ended June 30, 2021: Unpaid Allowance for Average Interest Cash Basis Principal Recorded Loan Losses Recorded Income Interest Balance Investment Allocated Investment Recognized Recognized With no related allowance recorded: Commercial $ 421 $ 303 $ — $ 153 $ — $ — Commercial real estate: Other 1,062 921 — 902 7 7 1-4 Family residential real estate: Owner occupied 409 367 — 539 20 20 Non-owner occupied 267 202 — 216 — — With an allowance recorded: Commercial 133 134 1 150 8 8 Commercial real estate: Other — — — 120 7 7 1-4 Family residential real estate: Owner occupied 28 27 3 16 — — Total $ 2,320 $ 1,954 $ 4 $ 2,096 $ 42 $ 42 The following table presents information related to loans individually evaluated for impairment by class of loans as of and for the year ended June 30, 2020: Unpaid Allowance for Average Interest Cash Basis Principal Recorded Loan Losses Recorded Income Interest Balance Investment Allocated Investment Recognized Recognized With no related allowance recorded: Commercial $ — $ — $ — $ 4 $ — $ — Commercial real estate: Other 922 836 — 521 88 88 1-4 Family residential real estate: Owner occupied 604 463 — 117 12 12 Non-owner occupied 284 236 — 247 — — With an allowance recorded: Commercial 176 179 28 168 9 9 Commercial real estate: Other 209 209 6 217 13 13 Total $ 2,195 $ 1,923 $ 34 $ 1,274 $ 122 $ 122 The following table presents the recorded investment in non-accrual and loans past due over 90 June 30, 2021 2020: June 30, 2021 June 30, 2020 Loans Past Due Loans Past Due Over 90 Days Over 90 Days Still Still Non-accrual Accruing Non-accrual Accruing Commercial $ 303 $ — $ 21 $ — Commercial real estate: Other 874 — 785 — 1 – 4 Family residential: Owner occupied 392 — 143 29 Non-owner occupied 202 — 236 — Consumer — — — 12 Total $ 1,771 $ — $ 1,185 $ 41 Non-accrual loans and loans past due 90 The following table presents the aging of the recorded investment in past due loans as of June 30, 2021 Days Past Due 30 –59 60 - 89 90 Days or Total Loans Not Days Days Greater Past Due Past Due Total Commercial $ — $ — $ — $ — $ 110,287 $ 110,287 Commercial real estate: Construction — — — — 10,478 10,478 Other — 175 629 804 268,744 269,548 1-4 Family residential: Owner occupied 29 — 365 394 118,937 119,331 Non-owner occupied — — — — 19,148 19,148 Construction — — — — 9,169 9,169 Consumer 95 11 — 106 29,544 29,650 Total $ 124 $ 186 $ 994 $ 1,304 $ 566,307 $ 567,611 The above table of past due loans includes the recorded investment in non-accrual loans of $994 90 $777 not The following table presents the aging of the recorded investment in past due loans as of June 30, 2020 Days Past Due 30 –59 60 - 89 90 Days or Total Loans Not Days Days Greater Past Due Past Due Total Commercial $ — $ — $ 21 $ 21 $ 157,307 $ 157,328 Commercial real estate: Construction — — — — 16,241 16,241 Other — 2 628 630 229,086 229,716 1-4 Family residential: Owner occupied — — 172 172 91,102 91,274 Non-owner occupied — — — — 19,410 19,410 Construction — — — — 9,435 9,435 Consumer 127 49 12 188 21,205 21,393 Total $ 127 $ 51 $ 833 $ 1,011 $ 543,786 $ 544,797 The above table of past due loans includes the recorded investment in non-accrual loans of $2 60 89 $792 90 $391 not Troubled Debt Restructurings (TDR): The Corporation has certain loans that have been modified in order to maximize collection of loan balances that are classified as TDRs. A modified loan is usually classified as a TDR if, for economic reasons, management grants a concession to the original terms and conditions of the loan to a borrower who is experiencing financial difficulties that it would not 19, March 22, 2020, not March 22, 2020, 90 90 90 19 not June 30, 2021, eight $198 not On June 30, 2021 2020, $688 $974, June 30, 2021 2020, $4 $12, June 30, 2021, no During the fiscal year ended June 30, 2020, one June 30, 2020, not June 30, 2020: Pre-Modification Post-Modification Number of Outstanding Recorded Outstanding Recorded Loans Investment Investment 1-4 Family residential: Owner occupied 1 $ 314 $ 314 Total 1 $ 314 $ 314 The troubled debt restructuring described above did not twelve June 30, 2020. There were no 12 twelve June 30, 2021 2020. 90 Credit Quality Indicators: The Corporation categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Corporation analyzes loans individually by classifying the loans as to credit risk. This analysis includes loans with a total outstanding loan relationship greater than $100 Special Mention. may Substandard. not Doubtful. Loans not not $100 As of June 30, 2021, Special Not Pass Mention Substandard Doubtful Rated Commercial $ 109,118 $ 280 $ 309 $ 303 $ 277 Commercial real estate: Construction 10,478 — — — — Other 259,327 3,700 4,718 874 929 1-4 Family residential real estate: Owner occupied 1,715 — 6 392 117,218 Non-owner occupied 18,312 163 197 202 274 Construction 1,849 — — — 7,320 Consumer 694 — — — 28,956 Total $ 401,493 $ 4,143 $ 5,230 $ 1,771 $ 154,974 As of June 30, 2020, Special Not Pass Mention Substandard Doubtful Rated Commercial $ 152,911 $ 143 $ 3,979 $ 21 $ 274 Commercial real estate: Construction 16,241 — — — — Other 220,311 1,469 5,378 785 1,773 1-4 Family residential real estate: Owner occupied 2,419 — 334 — 88,521 Non-owner occupied 18,435 186 223 236 330 Construction 3,234 — — — 6,201 Consumer 153 — — — 21,240 Total $ 413,704 $ 1,798 $ 9,914 $ 1,042 $ 118,339 |