| NOTE 4 – LOANS AND ALLOWANCE FOR CREDIT LOSSES | NOTE 4 –
LOANS AND ALLOWANCE FOR CREDIT LOSSES Salisbury segregates
its loan portfolio into discrete loan pools for purposes of evaluating credit risk. Each loan pool possesses unique risk characteristics
that are considered when determining the appropriate level of allowance. As of June 30, 2023, the Company aggregated the individual loan
pools as follows: Commercial
& Industrial - Commercial loans consist of revolving and term loan obligations extended to businesses, municipalities and educational
facilities for the purpose of financing working capital and/or capital investment. Collateral generally consists of pledges of business
assets including, but not limited to, accounts receivable, inventory, plant and equipment, and/or real estate, if applicable. Commercial
loans are primarily paid by the operating cash flow of the borrower. Commercial loans may be secured or unsecured. Commercial
Real Estate – Commercial real estate loans include non-owner-occupied and owner-occupied properties as well as loans for agricultural
purposes and land development. Commercial real estate loans consist of mortgage loans to finance investments in real property such as
multi-family residential, commercial/retail, office, industrial, hotels, health care facilities and other specific use properties. Commercial
real estate loans are typically written with amortizing payment structures. Collateral values are determined based upon appraisals and
evaluations in accordance with established policy guidelines. Maximum loan-to-value ratios at origination are governed by established
policy and regulatory guidelines. Commercial real estate loans are primarily paid by the cash flow generated from the real property, such
as operating leases, rents, or other operating cash flows from the borrower. Residential
Real Estate - Residential real estate loans are made to borrowers who demonstrate the ability to make scheduled payments with full consideration
to underwriting factors. Borrower qualifications include favorable credit history combined with supportive income requirements and combined
loan-to-value ratios within established policy guidelines. Collateral consists of mortgage liens on one-to four-family residences, including
for investment purposes. Consumer -
Home equity loans and lines of credit are made to qualified individuals and are secured by senior or junior mortgage liens on owner-occupied
one-to four-family homes, condominiums, or vacation homes. The home equity loan has a fixed rate and is billed as equal payments comprised
of principal and interest. The home equity line of credit has a variable rate and is billed as interest-only payments during the draw
period. At the end of the draw period, the home equity line of credit is billed as a percentage of the principal balance plus all accrued
interest. Borrower qualifications include favorable credit history combined with supportive income requirements and combined loan-to-value
ratios within established policy guidelines. Consumer loan products including personal lines of credit and amortizing loans made to qualified
individuals for various purposes such as education, auto loans, debt consolidation, personal expenses or overdraft protection. Borrower
qualifications include favorable credit history combined with supportive income and collateral requirements within established policy
guidelines, as applicable. Consumer loans may be secured or unsecured. The table
below provides the composition of loans receivable. Commercial and industrial loans include loans to businesses, municipalities and independent
schools. Commercial real estate includes construction, commercial, residential 5+ multi-family, farm and vacant land loans. Residential
real estate includes residential 1-4 family and residential construction loans. Consumer includes HELOC, consumer, indirect auto loans
and overdrafts.
(In thousands) June
30, 2023 December
31, 2022 1
Commercial & Industrial $ 215,372 $ 239,997
Commercial real estate 525,364 491,659
Residential real estate 468,462 449,652
Consumer 42,891 46,208
Total Loans 1,252,089 1,227,516
Deferred loan origination costs, net 980 1,001
Allowance
for credit losses (15,558 ) (14,846 )
Loans
receivable, net $ 1,237,511 $ 1,213,671 1 On
January 1, 2023, the Bank adopted ASU 326 to calculate the allowance for credit losses. The impact of adopting this standard during first
quarter 2023 was a net increase in the allowance for credit losses of $0.3 million. See Note 1 for a summary of the impact of adopting
this standard during first quarter 2023. Also
included within scope of the CECL standard are off-balance sheet loan commitments, which includes the unfunded portion of committed lines
of credit and commitments “in-process”, which reflect loans that are not in Salisbury’s gross loans receivable balance
as of the balance sheet date but rather negotiated loan/line of credit terms and rates that the Bank has offered to customers and is committed
to honoring. In reference to “in-process” credits, the Bank defines an unfunded commitment as a credit that has been offered
to and accepted by a borrower, which has not closed and by which the obligation is not unconditionally cancellable. The
Bank estimates expected credit losses over the contractual period in which the Bank is exposed to credit risk through a contractual obligation
to extend credit, unless that obligation is unconditionally cancellable by the Bank. The allowance for credit losses on off-balance sheet
exposures includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments to
be funded over its estimated life. At
June 30, 2023, the allowance for off-balance-sheet credit losses was $ 1.2 0.2 10 0.4 Salisbury
has entered into loan participation agreements with other banks and transferred a portion of its originated loans to the participating
banks. Transferred amounts are accounted for as sales and excluded from Salisbury’s loans receivable. Salisbury and its participating
lenders share ratably in any gains or losses that may result from a borrower’s lack of compliance with contractual terms of the
loan. Salisbury services the loans on behalf of the participating lenders and, as such, collects cash payments from the borrowers, remits
payments (net of servicing fees) to participating lenders and disburses required escrow funds to relevant parties. Salisbury
also has entered into loan participation agreements with other banks and purchased a portion of the other banks’ originated loans.
Purchased amounts are accounted for as loans without recourse to the originating bank. Salisbury and its originating lenders share
ratably in any gains or losses that may result from a borrower’s lack of compliance with contractual terms of the loan. The
originating banks service the loans on behalf of the participating lenders and, as such, collect cash payments from the borrowers, remit
payments (net of servicing fees) to participating lenders and disburse required escrow funds to relevant parties. At June
30, 2023 and December 31, 2022, Salisbury serviced commercial loans for other banks under loan participation agreements totaling $ 67.4 64.1 Concentrations
of Credit Risk Salisbury's loans consist primarily of residential
and commercial real estate loans located principally in Litchfield County, Connecticut; Dutchess, Orange and Ulster Counties, New York;
and Berkshire County, Massachusetts, which constitute Salisbury's service area. Salisbury offers a broad range of loan and credit facilities
to borrowers in its service area, including residential mortgage loans, commercial real estate loans, construction loans, working capital
loans, equipment loans, and a variety of consumer loans, including home equity lines of credit, installment loans and collateral loans.
All residential and commercial mortgage loans are collateralized by first or second mortgages on real estate. The ability of single family
residential and consumer borrowers to honor their repayment commitments is generally dependent on the level of overall economic activity
within the market area and real estate values. The ability of commercial borrowers to honor their repayment commitments is dependent on
the general economy as well as the health of the real estate economic sector in Salisbury’s market area. Salisbury’s
commercial loan portfolio is comprised of loans to diverse industries, several of which may experience operating challenges due to the
COVID-19 virus pandemic (“virus”). Approximately 33% of the Bank’s commercial loan portfolio are to entities who operate
rental properties, which include commercial strip malls, smaller rental units as well as multi-unit dwellings. Approximately 10% of the
Bank’s commercial loans are to entities in the hospitality industry, which includes hotels, bed & breakfast inns and restaurants.
Approximately 9% of the Bank’s commercial loans are to educational institutions and approximately 4% of Salisbury’s commercial
loans are to entertainment and recreation related businesses, which include camps and amusement parks. Salisbury’s commercial real
estate exposure as a percentage of the Bank’s total risk-based capital, which represents Tier 1 plus Tier 2 capital, was approximately
210% as of June 30, 2023 and 198% at December 31, 2022 compared to the regulatory monitoring guideline of 300%. Salisbury’s commercial
loan exposure is mitigated by a variety of factors including the personal liquidity of the borrower, real estate and/or non-real estate
collateral, U.S. Department of Agriculture or Small Business Administration (“SBA”) guarantees, loan payment deferrals and
economic stimulus loans from the U.S. government as a result of the virus, and other factors. Credit Quality Salisbury uses credit risk
ratings as part of its determination of the allowance for credit losses. Credit risk ratings categorize loans by common financial and
structural characteristics that measure the credit strength of a borrower. The rating model has eight risk rating grades, with each grade
corresponding to a progressively greater risk of default. Grades 1 through 4 are considered not criticized and are aggregated as pass
rated, and 5 through 8 are criticized as defined by the regulatory agencies. Risk ratings are assigned to differentiate risk within the
portfolio and are reviewed on an ongoing basis and revised, if needed, to reflect changes in the borrowers' current financial position
and outlook, risk profiles and the related collateral and structural positions. Loans rated as "special
mention" (5) possess credit deficiencies or potential weaknesses deserving management’s close attention that if left uncorrected
may result in deterioration of the repayment prospects for the loans at some future date. Loans
rated as "substandard" (6) are loans where the Bank’s position is clearly not protected adequately by borrower current
net worth or payment capacity. These loans have well defined weaknesses based on objective evidence and include loans where future losses
to the Bank may result if deficiencies are not corrected, and loans where the primary source of repayment such as income is diminished
and the Bank must rely on sale of collateral or other secondary sources of collection. Loans
rated "doubtful" (7) have the same weaknesses as substandard loans with the added characteristic that the weakness makes collection
or liquidation in full, given current facts, conditions, and values, to be highly improbable. The possibility of loss is high, but due
to certain important and reasonably specific pending factors, which may work to strengthen the loan, its reclassification as an estimated
loss is deferred until its exact status can be determined. Loans
classified as "loss" (8) are considered uncollectible and of such little value that continuance as Bank assets is unwarranted.
This classification does not mean that the loan has absolutely no recovery or salvage value, but rather, it is not practical or desirable
to defer writing off this loan even though partial recovery may be made in the future. Management
actively reviews and tests its credit risk ratings against actual experience and engages an independent third-party to annually validate
its assignment of credit risk ratings. In addition, the Bank’s loan portfolio is examined periodically by its regulatory agencies,
the FDIC and the CTDOB. Based on the most
recent analysis performed, the risk category of loans by segment and by vintage, reported under the CECL methodology, is presented below.
Commercial and industrial loans include loans to businesses, municipalities and independent schools. Commercial real estate includes construction,
commercial, residential 5+ multi-family, farm and vacant land loans. Residential real estate includes residential 1-4 family and residential
construction loans. Consumer includes HELOC, consumer, indirect auto loans and overdrafts.
(in
thousands) 2023 2022 2021 2020 2019 Prior Revolving
Loans Amortized Cost Basis Revolving
Loans Converted to Term Total
As
of June 30, 2023
Commercial
& industrial
Risk rating
Pass $ 12,115 $ 41,250 $ 40,502 $ 29,466 $ 15,974 $ 38,085 $ 30,691 $ — $ 208,083
Special mention — — — — 616 5,456 350 — 6,422
Substandard — 300 — — 10 — 557 — 867
Doubtful — — — — — — — — —
Loss — — — — — — — — —
Total
commercial & industrial $ 12,115 $ 41,550 $ 40,502 $ 29,466 $ 16,600 $ 43,541 $ 31,598 $ — $ 215,372
Commercial
real estate
Risk rating
Pass $ 46,897 $ 150,311 $ 103,226 $ 66,452 $ 25,628 $ 121,807 $ — $ — 514,321
Special mention — — — 3,554 3,716 2,920 — — 10,190
Substandard — — — — — 853 — — 853
Doubtful — — — — — — — — —
Loss — — — — — — — — —
Total
commercial real estate $ 46,897 $ 150,311 $ 103,226 $ 70,006 $ 29,344 $ 125,580 $ — $ — $ 525,364
Residential
real estate
Risk rating
Pass $ 30,996 $ 104,583 $ 114,161 $ 63,316 $ 26,509 $ 123,627 $ 170 $ — $ 463,362
Special mention — — — 20 — 3,204 — — 3,224
Substandard — — 662 — — 1,214 — — 1,876
Doubtful — — — — — — — — —
Loss — — — — — — — — —
Total
residential real estate $ 30,996 $ 104,583 $ 114,823 $ 63,336 $ 26,509 $ 128,045 $ 170 $ — $ 468,462
Consumer
Risk rating
Pass $ 952 $ 1,521 $ 955 $ 216 $ 380 $ 14,024 $ 22,292 $ 2,281 $ 42,621
Special mention — — — — — 1 96 43 140
Substandard — 45 — — — 2 70 13 130
Doubtful — — — — — — — — —
Loss — — — — — — — — —
Total
consumer $ 952 $ 1,566 $ 955 $ 216 $ 380 $ 14,027 $ 22,458 $ 2,337 $ 42,891
Total
loans $ 90,960 $ 298,010 $ 259,506 $ 163,024 $ 72,833 $ 311,193 $ 54,226 $ 2,337 $ 1,252,089
Total Gross Charge-offs $ ( 48 ) $ (13 ) $ ( 4 ) $ — $ — $ ( 20 ) $ — $ — $ (85 )
Total
Recoveries 4 — — — — 1 — — 5
Total
Net Charge-offs $ (44 ) $ ( 13 ) $ ( 4 ) $ — $ — $ ( 19 ) $ — $ — $ (80 ) The
composition of loans receivable by risk rating grade, under the incurred loss methodology is as follows:
(in thousands) Pass Special mention Substandard Doubtful Loss Total
December 31, 2022
Commercial & industrial $ 232,259 $ 6,195 $ 1,543 $ — $ — $ 239,997
Commercial real estate 477,006 8,798 5,855 — — 491,659
Residential real estate 444,778 2,995 1,879 — — 449,652
Consumer 46,041 162 5 — — 46,208
Loans
receivable, gross $ 1,200,084 $ 18,150 $ 9,282 $ — $ — $ 1,227,516 A financial asset is considered collateral
dependent when the debtor is experiencing financial difficulty and repayment is expected to be provided substantially through the sale
or operation of the collateral. Expected credit losses for collateral dependent loans are based on the fair value of the collateral at
the reporting date, adjusted for selling costs as appropriate. Significant quarter over quarter changes are reflective of changes in
nonaccrual status and not necessarily associated with credit quality indicators like appraisal value. The following table presents the
amortized cost basis of individually analyzed collateral-dependent loans by loan portfolio segment: The following table presents the amortized cost basis of collateral-dependent
non-accrual loans as of June 30, 2023. Commercial and industrial loans include loans to businesses,
municipalities and independent schools. Commercial real estate includes construction, commercial, residential 5+ multi-family, farm and
vacant land loans. Residential real estate includes residential 1-4 family and residential construction loans. Consumer includes HELOC,
consumer, indirect auto loans and overdrafts.
Collateral
Type
(in
thousands) Real
Estate Business
Assets Total
Collateral-Dependent Non-Accrual Loans
June 30, 2023
Commercial & industrial $ — $ — $ —
Commercial real estate 85 — 85
Residential real estate 839 — 839
Consumer 83 14 97
Total $ 1,007 $ 14 $ 1,021 The following is a summary of loans
by past due status at June 30, 2023:
Past
due
(in
thousands) Current 30-59
days 60-89
days 90
days or Greater Past Due Total
Past Due Total
Loans Outstanding Loans
Greater than 90 Days Past Due and Accruing
June 30, 2023
Commercial & industrial $ 215,070 $ — $ 2 $ 300 $ 302 $ 215,372 $ 300
Commercial real estate 524,923 356 — 85 441 525,364 —
Residential real estate 468,286 111 65 — 176 468,462 —
Consumer 42,604 204 48 35 287 42,891 —
Total $ 1,250,883 $ 671 $ 115 $ 420 $ 1,206 $ 1,252,089 $ 300 The following is a summary of the amortized cost basis of loans
on non-accrual status .
June
30, 2023 December
31, 2022
(in
thousands) Non-Accrual
Loans with an Allowance Non-Accrual
Loans without an Allowance Total
Non-Accrual Loans Total
Non-Accrual Loans
Commercial & industrial $ — $ — $ — $ 189
Commercial real estate — 85 85 1,648
Residential real estate — 839 839 820
Consumer 14 83 97 5
Total $ 14 $ 1,007 $ 1,021 $ 2,662
Past
due
180 30 Accruing
(in
thousands) days days 90
days
30-59 60-89 90-179 and and and Non-
Current days days days over over over accrual
December 31, 2022
Commercial & industrial $ 239,847 $ 149 $ 1 $ — $ — $ 150 $ — $ 189
Commercial real estate 491,574 — — 85 — 85 — 1,648
Residential real estate 448,935 672 30 — 15 717 — 820
Consumer 45,677 442 84 5 — 531 — 5
Loans
receivable, gross $ 1,226,033 $ 1,263 $ 115 $ 90 $ 15 $ 1,483 $ — $ 2,662 Loan
Modifications Made to Borrowers Experiencing Financial Difficulty The
allowance for credit losses incorporates an estimate of lifetime expected credit losses and is recorded on each asset origination. The
starting point for the estimate of the allowance for credit losses is historical loss information, which includes losses from modifications
of receivables to borrowers experiencing financial difficulty. Salisbury uses a probability of default/loss given default model to determine
the allowance for credit losses. An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification.
Because
the effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit
losses as a result of the measurement methodologies used to estimate the allowance, a change in the allowance for credit losses is generally
not recorded upon modification. In certain instances, Salisbury will modify a loan by providing multiple types of concessions. Typically,
one type of concession, such as term extension, is granted initially. If the borrower continues to experience financial difficulty, another
concession, such as an interest rate reduction, may be granted. Salisbury did not restructure any troubled debt in the second quarter
of 2023 or 2022. The components of troubled debt
restructured loans at December 31, 2022 are as follows:
(in
thousands) December
31, 2022
Commercial & industrial $ —
Commercial real estate 1,381
Residential real estate 1,289
Consumer —
Accruing
troubled debt restructured loans 2,670
Commercial & industrial —
Commercial real estate —
Residential real estate 67
Consumer —
Non-accrual
troubled debt restructured loans 67
Troubled
debt restructured loans $ 2,737 The past due status of troubled
debt restructured loans at December 31, 2022 is as follows:
(in
thousands) December
31, 2022
Current $ 2,670
Past due 30-59 days —
Past
due 60-89 days —
Accruing
troubled debt restructured loans 2,670
Current —
Past due 30-59 days 67
Past
due 180 days and over —
Non-accrual
troubled debt restructured loans 67
Total
troubled debt restructured loans $ 2,737 Allowance for Credit Losses for Loans The ACL on loans at June 30, 2023, was $ 15.6 0.7 The net decrease in the ACL for the commercial &
industrial loan segment was primarily driven by the release of reserves associate with the sale of shared national credit loans noted
above as well as changes in current and forecasted economic conditions between reporting periods. The
activity in Salisbury’s allowance for credit losses for loans is presented below. Commercial and industrial loans include loans
to businesses, municipalities and independent schools. Commercial real estate includes construction, commercial, residential 5+ multi-family,
farm and vacant land loans. Residential real estate includes residential 1-4 family and residential construction loans. Consumer includes
HELOC, consumer, indirect auto loans and overdrafts.
Three months
ended June 30, 2023
(in thousands) Beginning balance (Release) provision for Credit Losses Charge-offs Recoveries Ending balance
Commercial & industrial $ 4,279 $ (427 ) $ — $ — $ 3,852
Commercial real estate 5,894 (29 ) — — 5,865
Residential real estate 5,226 15 — — 5,241
Consumer 610 38 (50 ) 2 600
Totals $ 16,009 $ (403 ) $ (50 ) $ 2 $ 15,558
Six Months Ended June 30, 2023
(in thousands) Beginning balance Impact of Adopting ASC 326 Subtotal Provision for Credit Losses Charge-offs Recoveries Ending balance
Commercial & industrial $ 1,921 $ 2,447 $ 4,368 $ (516 ) $ — $ — $ 3,852
Commercial real estate 8,425 (3,236 ) 5,189 676 — — 5,865
Residential real estate 4,108 831 4,939 301 — 1 5,241
Consumer 392 229 621 60 (85 ) 4 600
Total allowance for credit losses $ 14,846 $ 271 $ 15,117 $ 521 $ (85 ) $ 5 $ 15,558
Three months ended June 30, 2022
(in thousands) Beginning balance Provision Charge-offs Recoveries Ending balance
Commercial & industrial $ 1,593 $ 367 $ — $ — $ 1,960
Commercial real estate 6,900 35 (39 ) 1 6,897
Residential real estate 3,253 598 (239 ) — 3,612
Consumer 302 66 (39 ) 4 333
Unallocated 867 34 — — 901
Totals $ 12,915 $ 1,100 $ (317 ) $ 5 $ 13,703
Six months ended June 30, 2022
(in thousands) Beginning balance Provision Charge-offs Recoveries Ending balance
Commercial & industrial $ 1,811 $ 194 $ (46 ) $ 1 $ 1,960
Commercial real estate 6,973 296 (373 ) 1 6,897
Residential real estate 3,020 851 (259 ) — 3,612
Consumer 277 102 (56 ) 10 333
Unallocated 881 20 — — 901
Totals $ 12,962 $ 1,463 $ (734 ) $ 12 $ 13,703 The Bank’s allowance for credit losses on unfunded commitments
is recognized as a liability (in other liabilities on consolidated balance sheet), with adjustments to the reserve recognized in the provision
for credit losses in the consolidated income statement. The Bank’s activity in the allowance for credit losses on unfunded commitments
for the three and six month periods ended June 30, 2023 and 2022 was as follows:
Six
months ended Three
months ended
Balance
at the beginning of period $ 178 $ 1,183
Impact
of adopting ASC 326 913 —
Subtotal 1,091 1,083
Provision
(release) for credit losses 82 (10 )
Balance
at the end of period June 30, 2023 $ 1,173 $ 1,173
Six
months ended Three
months ended
Balance
at the beginning of period $ 146 $ 183
Other
expense – unfunded commitments 41 4
Balance
at the end of period June 30, 2022 $ 187 $ 187 The composition of loans receivable and
the allowance for credit losses is presented in the tables below. The loan categories for previously reported periods have been updated
to conform to the current presentation.
(in thousands) Collectively
evaluated Individually
evaluated Total
portfolio
Loans Allowance Loans Allowance Loans Allowance
June 30, 2023
Commercial & industrial $ 215,372 $ 3,852 $ — $ — $ 215,372 $ 3,852
Commercial real estate 525,279 5,865 85 — 525,364 5,865
Residential real estate 467,623 5,241 839 — 468,462 5,241
Consumer 42,808 600 83 — 42,891 600
Totals $ 1,251,082 $ 15,558 $ 1,007 $ — $ 1,252,089 $ 15,558
(in thousands) Collectively
evaluated Individually
evaluated Total
portfolio
Loans Allowance Loans Allowance Loans Allowance
December 31, 2022
Commercial & industrial $ 239,808 $ 1,780 $ 189 $ — $ 239,997 $ 1,780
Commercial real estate 488,630 7,781 3,029 22 491,659 7,803
Residential real estate 447,543 3,805 2,109 — 449,652 3,805
Consumer 46,203 363 5 — 46,208 363
Unallocated
allowance — 1,095 — — — 1,095
Totals $ 1,222,184 $ 14,824 $ 5,332 $ 22 $ 1,227,516 $ 14,846 Certain
data with respect to loans individually evaluated for impairment is presented as follows as of and for the six months ended June 30, 2023.
Loans
with no specific allowance
Loan balance Income
Book Note Average Recognized
June 30, 2023
Commercial & industrial $ — $ — $ 115 $ 1
Commercial real estate 85 85 867 44
Residential real estate 839 859 1,083 1
Consumer 83 84 54 1
Totals $ 1,007 $ 1,028 $ 2,119 $ 47 Certain data
with respect to loans individually evaluated for impairment is as follows as of and for the six months ended June 30, 2022:
Impaired
loans with specific allowance Impaired
loans with no specific allowance
(in thousands) Loan
balance Specific Income Loan
balance Income
Book Note Average allowance recognized Book Note Average recognized
June 30, 2022
Commercial & industrial $ 73 $ 73 $ 115 $ 3 $ 2 $ 63 $ 60 $ 62 $ 1
Commercial real estate 584 584 633 23 15 2,488 3,059 2,999 24
Residential real estate 2,100 2,106 568 141 24 1,853 1,938 2,531 26
Consumer — — — — — — — 15 —
Totals $ 2,757 $ 2,763 $ 1,316 $ 167 $ 41 $ 4,404 $ 5,057 $ 5,607 $ 51 Certain data
with respect to loans individually evaluated for impairment is as follows as of and for the twelve months ended December 31, 2022:
Impaired
loans with specific allowance Impaired
loans with no specific allowance
(in thousands) Loan
balance Specific Income Loan
balance Income
Book Note Average allowance recognized Book Note Average recognized
December 31, 2022
Commercial & industrial $ — $ — $ 64 $ — $ — $ 189 $ 195 $ 88 $ 13
Commercial real estate 559 559 604 22 30 2,470 2,705 2,717 51
Residential real estate — — 306 — — 2,109 2,169 2,192 55
Consumer — — — — — 5 5 9 —
Totals $ 559 $ 559 $ 974 $ 22 $ 30 $ 4,773 $ 5,074 $ 5,006 $ 119 |
