Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. Outstanding loans are summarized below, in thousands: March 31, December 31, 2018 2017 Commercial $ 41,899 $ 39,620 Agricultural 55,861 58,908 Real estate – residential 15,609 16,624 Real estate – commercial 243,781 240,257 Real estate – construction and land development 26,465 25,181 Equity lines of credit 39,534 41,798 Auto 62,155 60,438 Other 4,038 3,808 Total loans 489,342 486,634 Deferred loan costs, net 2,451 2,283 Allowance for loan losses (6,622 ) (6,669 ) Total net loans $ 485,171 $ 482,248 Changes in the allowance for loan losses, in thousands, were as follows: March 31, December 31, 2018 2017 Balance, beginning of year $ 6,669 $ 6,549 Provision charged to operations 200 600 Losses charged to allowance (449 ) (879 ) Recoveries 202 399 Balance, end of year $ 6,622 $ 6,669 The recorded investment in impaired loans totaled $1,981,000 $2,270,000 March 31, 2018 December 31, 2017, $78,000 $469,000 March 31, 2018 $82,000 $475,000 December 31, 2017. no $1,512,000 $1,795,000 March 31, 2018 December 31, 2017, three March 31, 2018 March 31, 2017 $2,002,000 $5,405,000, $18,000 $43,000 three March 31, 2018 2017, No three March 31, 2018 2017. Included in impaired loans are troubled debt restructurings. A troubled debt restructuring is a formal restructure of a loan where the Company for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower. The concessions may one In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. The carrying value of troubled debt restructurings at March 31, 2018 December 31, 2017 $1,109,000 $1,111,000, $61,000 $63,000 March 31, 2018 December 31, 2017. not March 31, 2018 December 31, 2017. There were no three March 31, 2018 March 31, 2017. There were no twelve three March 31, 2018 2017, At March 31, 2018 December 31, 2017, $941,000 $1,226,000, $15,000 $51,000 three March 31, 2018 2017, March 31, 2018 one $0.1 90 December 31, 2017 three one $1.8 90 March 31, 2018 December 31, 2017. Salaries and employee benefits totaling $498,000 $395,000 three March 31, 2018 2017, The Company assigns a risk rating to all loans and periodically, but not $100,000 The risk ratings can be grouped into three Special Mention Substandard not not Doubtful Loans not The following table shows the loan portfolio allocated by management's internal risk ratings at the dates indicated, in thousands: March 31, 201 8 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Agricultural Real Estate-Residential Real Estate-Commercial Real Estate-Construction Equity LOC Total Grade: Pass $ 41,363 $ 55,530 $ 15,323 $ 240,025 $ 26,367 $ 39,481 $ 418,089 Special Mention 263 254 123 3,474 - - 4,114 Substandard 273 77 163 282 98 53 946 Doubtful - - - - - - - Total $ 41,899 $ 55,861 $ 15,609 $ 243,781 $ 26,465 $ 39,534 $ 423,149 December 31, 201 7 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Agricultural Real Estate-Residential Real Estate-Commercial Real Estate-Construction Equity LOC Total Grade: Pass $ 38,851 $ 56,859 $ 16,218 $ 239,944 $ 25,081 $ 41,636 $ 418,589 Special Mention 238 253 125 26 - - 642 Substandard 531 1,796 281 287 100 162 3,157 Doubtful - - - - - - - Total $ 39,620 $ 58,908 $ 16,624 $ 240,257 $ 25,181 $ 41,798 $ 422,388 Consumer Credit Exposure Consumer Credit Exposure Credit Risk Profile Based on Payment Activity Credit Risk Profile Based on Payment Activity March 31, 201 8 December 31, 201 7 Auto Other Total Auto Other Total Grade: Performing $ 61,810 $ 4,038 $ 65,848 $ 60,060 $ 3,788 $ 63,848 Non-performing 345 - 345 378 20 398 Total $ 62,155 $ 4,038 $ 66,193 $ 60,438 $ 3,808 $ 64,246 The following tables show the allocation of the allowance for loan losses at the dates indicated, in thousands: Real Real Real Commercial Agricultural Estate-Residential Estate-Commercial Estate-Construction Equity LOC Auto Other Total Three months ended March 31, 201 8 : Allowance for Loan Losses Beginning balance $ 725 $ 623 $ 231 $ 2,729 $ 783 $ 533 $ 946 $ 99 $ 6,669 Charge-offs (265 ) - - - - - (165 ) (19 ) (449 ) Recoveries 7 - 91 17 2 1 82 2 202 Provision 305 (129 ) (110 ) 13 6 (24 ) 114 25 200 Ending balance $ 772 $ 494 $ 212 $ 2,759 $ 791 $ 510 $ 977 $ 107 $ 6,622 Three months ended March 31, 201 7 : Allowance for Loan Losses Beginning balance $ 655 $ 466 $ 280 $ 2,740 $ 927 $ 575 $ 815 $ 91 $ 6,549 Charge-offs - - - - - - (50 ) (5 ) (55 ) Recoveries 8 - 1 2 - - 34 4 49 Provision 125 7 (13 ) 177 (89 ) (14 ) 7 - 200 Ending balance $ 788 $ 473 $ 268 $ 2,919 $ 838 $ 561 $ 806 $ 90 $ 6,743 March 31, 201 8 : Allowance for Loan Losses Ending balance: individually evaluated for impairment $ 2 $ - $ 47 $ - $ 29 $ - $ - $ - $ 78 Ending balance: collectively evaluated for impairment $ 770 $ 494 $ 165 $ 2,759 $ 762 $ 510 $ 977 $ 107 $ 6,544 Loans Ending balance $ 41,899 $ 55,861 $ 15,609 $ 243,781 $ 26,465 $ 39,534 $ 62,155 $ 4,038 $ 489,342 Ending balance: individually evaluated for impairment $ 14 $ 254 $ 813 $ 282 $ 220 $ 53 $ 345 $ - $ 1,981 Ending balance: collectively evaluated for impairment $ 41,885 $ 55,607 $ 14,796 $ 243,499 $ 26,245 $ 39,481 $ 61,810 $ 4,038 $ 487,361 December 31, 201 7 : Allowance for Loan Losses Ending balance: individually evaluated for impairment $ 2 $ - 48 $ - $ 32 $ - $ - $ - $ 82 Ending balance: collectively evaluated for impairment $ 723 $ 623 $ 183 $ 2,729 $ 751 $ 533 $ 946 $ 99 $ 6,587 Loans Ending balance $ 39,620 $ 58,908 $ 16,624 $ 240,257 $ 25,181 $ 41,798 $ 60,438 $ 3,808 $ 486,634 Ending balance: individually evaluated for impairment $ 14 $ 253 $ 934 $ 287 $ 224 $ 162 $ 377 $ 19 $ 2,270 Ending balance: collectively evaluated for impairment $ 39,606 $ 58,655 $ 15,690 $ 239,970 $ 24,957 $ 41,636 $ 60,061 $ 3,789 $ 484,364 The following table shows an aging analysis of the loan portfolio by the time past due, in thousands: Total March 31, 201 8 30-89 Days 90 Days and Still Past Due and Past Due Accruing Nonaccrual Nonaccrual Current Total Commercial $ 1,030 $ - $ - $ 1,030 $ 40,869 $ 41,899 Agricultural - 77 - 77 55,784 55,861 Real estate – residential 129 - 163 292 15,317 15,609 Real estate – commercial 1,266 - 282 1,548 242,233 243,781 Real estate - construction & land - - 98 98 26,367 26,465 Equity Lines of Credit 440 - 53 493 39,041 39,534 Auto 1,083 - 345 1,428 60,727 62,155 Other 37 - - 37 4,001 4,038 Total $ 3,985 $ 77 $ 941 $ 5,003 $ 484,339 $ 489,342 Total December 31, 201 7 30-89 Days 90 Days and Still Past Due and Past Due Accruing Nonaccrual Nonaccrual Current Total Commercial $ 1,869 $ - $ - $ 1,869 $ 37,751 $ 39,620 Agricultural - 1,796 - 1,796 57,112 58,908 Real estate – residential 130 - 281 411 16,213 16,624 Real estate - commercial - - 287 287 239,970 240,257 Real estate - construction & land 38 - 100 138 25,043 25,181 Equity Lines of Credit 345 - 162 507 41,291 41,798 Auto 1,047 - 377 1,424 59,014 60,438 Other 20 - 19 39 3,769 3,808 Total $ 3,449 $ 1,796 $ 1,226 $ 6,471 $ 480,163 $ 486,634 The following tables show information related to impaired loans at the dates indicated, in thousands: Unpaid Average Interest Recorded Principal Related Recorded Income As of March 31, 201 8 : Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ - $ - $ - $ - Agricultural 254 254 254 5 Real estate – residential 578 589 581 9 Real estate – commercial 282 282 285 - Real estate – construction & land - - - - Equity Lines of Credit 53 53 56 - Auto 345 345 354 - Other - - - - With an allowance recorded: Commercial $ 14 $ 14 $ 2 $ 14 $ - Agricultural - - - - - Real estate – residential 235 235 47 236 2 Real estate – commercial - - - - - Real estate – construction & land 220 220 29 222 2 Equity Lines of Credit - - - - - Auto - - - - - Other - - - - - Total: Commercial $ 14 $ 14 $ 2 $ 14 $ - Agricultural 254 254 - 254 5 Real estate – residential 813 824 47 817 11 Real estate – commercial 282 282 - 285 - Real estate – construction & land 220 220 29 222 2 Equity Lines of Credit 53 53 - 56 - Auto 345 345 - 354 - Other - - - - - Total $ 1,981 $ 1,992 $ 78 $ 2,002 $ 18 Unpaid Average Interest Recorded Principal Related Recorded Income As of December 31, 201 7 : Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ - $ - $ - $ - Agricultural 253 253 255 19 Real estate – residential 697 708 548 38 Real estate – commercial 287 287 184 - Real estate – construction & land - - - - Equity Lines of Credit 162 162 180 - Auto 377 377 144 - Other 19 19 1 - With an allowance recorded: Commercial $ 14 $ 14 $ 2 $ 15 $ 1 Agricultural - - - - - Real estate – residential 237 237 48 203 7 Real estate – commercial - - - - - Real estate – construction & land 224 224 32 230 8 Equity Lines of Credit - - - - - Auto - - - - - Other - - - - - Total: Commercial $ 14 $ 14 $ 2 $ 15 $ 1 Agricultural 253 253 - 255 19 Real estate – residential 934 945 48 751 45 Real estate – commercial 287 287 - 184 - Real estate – construction & land 224 224 32 230 8 Equity Lines of Credit 162 162 - 180 - Auto 377 377 - 144 - Other 19 19 - 1 - Total $ 2,270 $ 2,281 $ 82 $ 1,760 $ 73 |