Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. Outstanding loans are summarized below, in thousands: September 30, December 31, 2018 2017 Commercial $ 46,762 $ 39,620 Agricultural 70,917 58,908 Real estate – residential 15,674 16,624 Real estate – commercial 253,154 240,257 Real estate – construction and land development 38,454 25,181 Equity lines of credit 39,165 41,798 Auto 71,875 60,438 Other 3,846 3,808 Total loans 539,847 486,634 Deferred loan costs, net 2,997 2,283 Allowance for loan losses (6,846 ) (6,669 ) Total net loans $ 535,998 $ 482,248 Changes in the allowance for loan losses, in thousands, were as follows: September 30, December 31, 2018 2017 Balance, beginning of year $ 6,669 $ 6,549 Provision charged to operations 800 600 Losses charged to allowance (988 ) (879 ) Recoveries 365 399 Balance, end of period $ 6,846 $ 6,669 The recorded investment in impaired loans totaled $2,332,000 $2,270,000 September 30, 2018 December 31, 2017, $79,000 $554,000 September 30, 2018 $82,000 $475,000 December 31, 2017. no $1,778,000 $1,795,000 September 30, 2018 December 31, 2017, nine September 30, 2018 September 30, 2017 $1,738,000 $4,982,000, $56,000 $100,000 nine September 30, 2018 2017, No nine September 30, 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 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 September 30, 2018 December 31, 2017 $1,089,000 $1,111,000, $54,000 $63,000 September 30, 2018 December 31, 2017. not September 30, 2018 December 31, 2017. There were no nine September 30, 2018 September 30, 2017. no twelve nine September 30, 2018 2017, At September 30, 2018 December 31, 2017, $1,244,000 $1,226,000, $36,000 $141,000 nine September 30, 2018 2017, $7,000 $52,000 three September 30, 2018 2017, December 31, 2017 three one $1.8 90 December 31, 2017. Salaries and employee benefits totaling $1,937,000 $1,393,000 nine September 30, 2018 2017, $703,000 $457,000 three September 30, 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: September 30 , 201 8 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Grade: Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real Estate- Construction Equity LOC Total Pass $ 46,184 $ 70,664 $ 15,260 $ 249,576 $ 38,360 $ 38,724 $ 458,768 Special Mention 544 253 120 3,447 - - 4,364 Substandard 34 - 294 131 94 441 994 Doubtful - - - - - - - Total $ 46,762 $ 70,917 $ 15,674 $ 253,154 $ 38,454 $ 39,165 $ 464,126 December 31, 201 7 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Grade: Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real Estate- Construction Equity LOC Total 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 September 30 , 201 8 December 31, 201 7 Auto Other Total Auto Other Total Grade: Performing $ 71,596 $ 3,841 $ 75,437 $ 60,060 $ 3,788 $ 63,848 Non-performing 279 5 284 378 20 398 Total $ 71,875 $ 3,846 $ 75,721 $ 60,438 $ 3,808 $ 64,246 The following tables show the allocation of the allowance for loan losses at the dates indicated, in thousands: Nine months en ded 9 /30/1 Commercial Agricultural Real Estat Residential Real Estate- Commercial Real Estate- Construction Equity LOC Auto Other Total Allowance for Loan Losses Beginning balance $ 725 $ 623 $ 231 $ 2,729 $ 783 $ 533 $ 946 $ 99 $ 6,669 Charge-offs (325 ) - - - - - (628 ) (35 ) (988 ) Recoveries 23 - 93 19 3 4 213 10 365 Provision 345 (26 ) (124 ) (124 ) 122 (48 ) 635 20 800 Ending balance $ 768 $ 597 $ 200 $ 2,624 $ 908 $ 489 $ 1,166 $ 94 $ 6,846 Three months ended 9 /30/18: Allowance for Loan Losses Beginning balance $ 853 $ 546 $ 195 $ 2,699 $ 780 $ 481 $ 1,044 $ 100 $ 6,698 Charge-offs (59 ) - - - - - (152 ) (14 ) (225 ) Recoveries 8 - 2 1 1 1 58 2 73 Provision (34 ) 51 3 (76 ) 127 7 216 6 300 Ending balance $ 768 $ 597 $ 200 $ 2,624 $ 908 $ 489 $ 1,166 $ 94 $ 6,846 Nine months ended 9 /30/17: Allowance for Loan Losses Beginning balance $ 655 $ 466 $ 280 $ 2,740 $ 927 $ 575 $ 815 $ 91 $ 6,549 Charge-offs (179 ) - - - - (5 ) (295 ) (35 ) (514 ) Recoveries 46 - 3 4 - 3 123 8 187 Provision 108 95 (47 ) 39 64 77 233 31 600 Ending balance $ 630 $ 561 $ 236 $ 2,783 $ 991 $ 650 $ 876 $ 95 $ 6,822 Three months ended 9 /30/17: Allowance for Loan Losses Beginning balance $ 705 $ 514 $ 252 $ 2,812 $ 1,071 $ 561 $ 845 $ 95 $ 6,855 Charge-offs (112 ) - - - - (5 ) (205 ) (17 ) (339 ) Recoveries 27 - 1 1 - 1 73 3 106 Provision 10 47 (17 ) (30 ) (80 ) 93 163 14 200 Ending balance $ 630 $ 561 $ 236 $ 2,783 $ 991 $ 650 $ 876 $ 95 $ 6,822 September 30, 2018: Allowance for Loan Losses Ending balance: individually evaluated for impairment $ - $ - $ 42 $ - $ 12 $ 25 $ - $ - $ 79 Ending balance: collectively evaluated for impairment $ 768 $ 597 $ 158 $ 2,624 $ 896 $ 464 $ 1,166 $ 94 $ 6,767 Loans Ending balance $ 46,762 $ 70,917 $ 15,674 $ 253,154 $ 38,454 $ 39,165 $ 71,875 $ 3,846 $ 539,847 Ending balance: individually evaluated for impairment $ 14 $ 253 $ 997 $ 131 $ 213 $ 441 $ 279 $ 4 $ 2,332 Ending balance: collectively evaluated for impairment $ 46,748 $ 70,664 $ 14,677 $ 253,023 $ 38,241 $ 38,724 $ 71,596 $ 3,842 $ 537,515 December 31, 2017: 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 September 30 , 201 8 30-89 Days 90 Days and Still Past Due and Past Due Accruing Nonaccrual Nonaccrual Current Total Commercial $ 16 $ - $ - $ 16 $ 46,746 $ 46,762 Agricultural 647 - - 647 70,270 70,917 Real estate – residential 157 - 294 451 15,223 15,674 Real estate – commercial - - 131 131 253,023 253,154 Real estate - construction & land - - 94 94 38,360 38,454 Equity Lines of Credit 227 - 441 668 38,497 39,165 Auto 1,128 - 280 1,408 70,467 71,875 Other 25 - 4 29 3,817 3,846 Total $ 2,200 $ - $ 1,244 $ 3,444 $ 536,403 $ 539,847 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 September 30 , 201 8 : Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ 14 $ 14 $ 14 $ 1 Agricultural 253 264 253 14 Real estate – residential 817 817 688 30 Real estate – commercial 131 131 136 - Real estate – construction & land 94 94 97 - Equity Lines of Credit 186 186 48 - Auto 279 279 196 - Other 4 4 1 - With an allowance recorded: Commercial $ - $ - $ - $ - $ - Agricultural - - - - - Real estate – residential 180 180 42 181 5 Real estate – commercial - - - - - Real estate – construction & land 119 119 12 121 6 Equity Lines of Credit 255 255 25 3 - Auto - - - - - Other - - - - - Total: Commercial $ 14 $ 14 $ - $ 14 $ 1 Agricultural 253 264 - 253 14 Real estate – residential 997 997 42 869 35 Real estate – commercial 131 131 - 136 - Real estate – construction & land 213 213 12 218 6 Equity Lines of Credit 441 441 25 51 - Auto 279 279 - 196 - Other 4 4 - 1 - Total $ 2,332 $ 2,343 $ 79 $ 1,738 $ 56 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 |