Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. Outstanding loans are summarized below, in thousands: June 30, December 31, 2019 2018 Commercial $ 47,782 $ 49,563 Agricultural 76,552 69,160 Real estate – residential 16,328 15,900 Real estate – commercial 285,996 271,710 Real estate – construction and land development 37,523 40,161 Equity lines of credit 38,533 38,490 Auto 85,174 77,135 Other 4,250 4,080 Total loans 592,138 566,199 Deferred loan costs, net 3,520 3,257 Allowance for loan losses (7,058 ) (6,958 ) Total net loans $ 588,600 $ 562,498 Changes in the allowance for loan losses, in thousands, were as follows: June 30, December 31, 2019 2018 Balance, beginning of period $ 6,958 $ 6,669 Provision charged to operations 600 1,000 Losses charged to allowance (657 ) (1,191 ) Recoveries 157 480 Balance, end of period $ 7,058 $ 6,958 The recorded investment in impaired loans totaled $2,419,000 $1,275,000 June 30, 2019 December 31, 2018, $110,000 $772,000 June 30, 2019 $181,000 $424,000 December 31, 2018. no $1,647,000 $851,000 June 30, 2019 December 31, 2018, six June 30, 2019 June 30, 2018 $1,542,000 $1,871,000, $32,000 $36,000 six June 30, 2019 2018, No six June 30, 2019 2018. 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 June 30, 2019 December 31, 2018 $1,057,000 $1,080,000, $47,000 $53,000 June 30, 2019 December 31, 2018, not June 30, 2019 December 31, 2018. There were no six June 30, 2019 June 30, 2018. There were no twelve six June 30, 2019 2018, At June 30, 2019 December 31, 2018, $2,349,000 $1,117,000, $69,000 $29,000 six June 30, 2019 2018, $43,000 $14,000 three June 30, 2019 2018, no 90 June 30, 2019 December 31, 2018. Salaries and employee benefits totaling $1,205,000 $1,234,000 six June 30, 2019 2018, $607,000 $736,000 three June 30, 2019 2018, 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 may 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: June 30, 201 9 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 $ 47,255 $ 73,873 $ 16,064 $ 280,025 $ 37,435 $ 37,688 $ 492,340 Special Mention 505 2,679 120 5,109 - - 8,413 Substandard 22 - 144 862 88 845 1,961 Doubtful - - - - - - - Total $ 47,782 $ 76,552 $ 16,328 $ 285,996 $ 37,523 $ 38,533 $ 502,714 December 31, 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 $ 48,905 $ 68,910 $ 15,621 $ 268,159 $ 40,069 $ 38,304 $ 479,968 Special Mention 481 250 124 3,420 - - 4,275 Substandard 177 - 155 131 92 186 741 Doubtful - - - - - - - Total $ 49,563 $ 69,160 $ 15,900 $ 271,710 $ 40,161 $ 38,490 $ 484,984 Consumer Credit Exposure Consumer Credit Exposure Credit Risk Profile Based on Payment Activity Credit Risk Profile Based on Payment Activity June 30, 201 9 December 31, 201 8 Auto Other Total Auto Other Total Grade: Performing $ 84,787 $ 4,227 $ 89,014 $ 76,734 $ 4,071 $ 80,805 Non-performing 387 23 410 401 9 410 Total $ 85,174 $ 4,250 $ 89,424 $ 77,135 $ 4,080 $ 81,215 The following tables show the allocation of the allowance for loan losses at the dates indicated, in thousands: Real Real Real Six months ended June 30 , 201 9 : Commercial Agricultural Estate- Residential Estate- Commercial Estate- Construction Equity LOC Auto Other Total Allowance for Loan Losses Beginning balance $ 914 $ 538 $ 214 $ 2,686 $ 758 $ 464 $ 1,289 $ 95 $ 6,958 Charge-offs (137 ) - - - - (5 ) (484 ) (31 ) (657 ) Recoveries 16 - 2 - - 2 135 2 157 Provision (72 ) 89 (39 ) 311 (161 ) 7 432 33 600 Ending balance $ 721 $ 627 $ 177 $ 2,997 $ 597 $ 468 $ 1,372 $ 99 $ 7,058 Three months ended June 30 , 201 9 : Allowance for Loan Losses Beginning balance $ 796 $ 542 $ 195 $ 2,969 $ 641 $ 450 $ 1,384 $ 90 $ 7,067 Charge-offs (121 ) - - - - (5 ) (172 ) (8 ) (306 ) Recoveries 7 - 1 - - 1 88 - 97 Provision 39 85 (19 ) 28 (44 ) 22 72 17 200 Ending balance $ 721 $ 627 $ 177 $ 2,997 $ 597 $ 468 $ 1,372 $ 99 $ 7,058 Six months ended June 30 , 2018: Allowance for Loan Losses Beginning balance $ 725 $ 623 $ 231 $ 2,729 $ 783 $ 533 $ 946 $ 99 $ 6,669 Charge-offs (266 ) - - - - - (476 ) (21 ) (763 ) Recoveries 15 - 91 18 2 3 155 8 292 Provision 379 (77 ) (127 ) (48 ) (5 ) (55 ) 419 14 500 Ending balance $ 853 $ 546 $ 195 $ 2,699 $ 780 $ 481 $ 1,044 $ 100 $ 6,698 Three months ended June 30 , 2018: Allowance for Loan Losses Beginning balance $ 772 $ 494 $ 212 $ 2,759 $ 791 $ 510 $ 977 $ 107 $ 6,622 Charge-offs (1 ) - - - - - (311 ) (2 ) (314 ) Recoveries 8 - - 1 - 2 73 6 90 Provision 74 52 (17 ) (61 ) (11 ) (31 ) 305 (11 ) 300 Ending balance $ 853 $ 546 $ 195 $ 2,699 $ 780 $ 481 $ 1,044 $ 100 $ 6,698 June 30 , 2019: Allowance for Loan Losses Ending balance: individually evaluated for impairment $ - $ - $ 25 $ 63 $ 22 $ - $ - $ - $ 110 Ending balance: collectively evaluated for impairment 721 627 152 2,934 575 468 1,372 99 6,948 Ending balance $ 721 $ 627 $ 177 $ 2,997 $ 597 $ 468 $ 1,372 $ 99 $ 7,058 Loans Ending balance: individually evaluated for impairment - 250 639 862 114 554 - - 2,419 Ending balance: collectively evaluated for impairment $ 47,782 $ 76,302 $ 15,689 $ 285,134 $ 37,409 $ 37,979 $ 85,174 $ 4,250 $ 589,719 Ending balance $ 47,782 $ 76,552 $ 16,328 $ 285,996 $ 37,523 $ 38,533 $ 85,174 $ 4,250 $ 592,138 Real Real Real December 31, 2018: Commercial Agricultural Estate- Residential Estate- Commercial Estate- Construction Equity LOC Auto Other Total Allowance for Loan Losses Ending balance: individually evaluated for impairment $ 128 $ - 41 $ - $ 12 $ - $ - $ - $ 181 Ending balance: collectively evaluated for impairment $ 786 $ 538 $ 173 $ 2,686 $ 746 $ 464 $ 1,289 $ 95 $ 6,777 Ending Balance $ 914 $ 538 $ 214 $ 2,686 $ 758 $ 464 $ 1,289 $ 95 $ 6,958 Loans Ending balance: individually evaluated for impairment $ 128 $ 250 $ 649 $ 131 $ 117 $ - $ - $ - $ 1,275 Ending balance: collectively evaluated for impairment 49,435 68,910 15,251 271,579 40,044 38,490 77,135 4,080 564,924 Ending balance $ 49,563 $ 69,160 $ 15,900 $ 271,710 $ 40,161 $ 38,490 $ 77,135 $ 4,080 $ 566,199 The following table shows an aging analysis of the loan portfolio by the time past due, in thousands: Total June 30, 201 9 30-89 Days 90 Days and Still Past Due and Past Due Accruing Nonaccrual Nonaccrual Current Total Commercial $ 258 $ - $ - $ 258 $ 47,524 $ 47,782 Agricultural 97 - - 97 76,455 76,552 Real estate – residential 179 - 144 323 16,005 16,328 Real estate – commercial 348 - 862 1,210 284,786 285,996 Real estate - construction & land - - 88 88 37,435 37,523 Equity Lines of Credit 714 - 845 1,559 36,974 38,533 Auto 1,412 - 387 1,799 83,375 85,174 Other 37 - 23 60 4,190 4,250 Total $ 3,045 $ - $ 2,349 $ 5,394 $ 586,744 $ 592,138 Total December 31, 201 8 30-89 Days 90 Days and Still Past Due and Past Due Accruing Nonaccrual Nonaccrual Current Total Commercial $ 11 $ - $ 144 $ 155 $ 49,408 $ 49,563 Agricultural - - - - 69,160 69,160 Real estate – residential 154 - 155 309 15,591 15,900 Real estate - commercial - - 131 131 271,579 271,710 Real estate - construction & land - - 92 92 40,069 40,161 Equity Lines of Credit 596 - 186 782 37,708 38,490 Auto 1,725 - 401 2,126 75,009 77,135 Other 85 - 8 93 3,987 4,080 Total $ 2,571 $ - $ 1,117 $ 3,688 $ 562,511 $ 566,199 The following tables show information related to impaired loans at June 30, 2019, Unpaid Average Interest Recorded Principal Related Recorded Income As of June 30 , 201 9 : Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ - $ - $ - $ - $ - Agricultural 250 250 - 250 8 Real estate – residential 461 461 - 465 17 Real estate – commercial 383 398 - 156 - Real estate – construction & land - - - - - Equity Lines of Credit 554 565 - 93 - Auto - - - - - Other - - - - - With an allowance recorded: Commercial $ - $ - $ - $ - $ - Agricultural - - - - - Real estate – residential 178 178 25 179 4 Real estate – commercial 479 479 63 283 - Real estate – construction & land 114 114 22 116 3 Equity Lines of Credit - - - - - Auto - - - - - Other - - - - - Total: Commercial $ - $ - $ - $ - $ - Agricultural 250 250 - 250 8 Real estate – residential 639 639 25 644 21 Real estate – commercial 862 877 63 439 - Real estate – construction & land 114 114 22 116 3 Equity Lines of Credit 554 565 - 93 - Auto - - - - - Other - - - - - Total $ 2,419 $ 2,445 $ 110 $ 1,542 $ 32 The following tables show information related to impaired loans at December 31, 2018, Unpaid Average Interest Recorded Principal Related Recorded Income As of December 31, 201 8 : Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ - $ - $ - $ - $ - Agricultural 250 250 - 252 19 Real estate – residential 470 481 - 470 38 Real estate – commercial 131 144 - 136 - Real estate – construction & land - - - - - Equity Lines of Credit - - - - - Auto - - - - - Other - - - - - With an allowance recorded: Commercial $ 128 $ 128 $ 128 $ 1 $ - Agricultural - - - - - Real estate – residential 179 179 41 181 7 Real estate – commercial - - - - - Real estate – construction & land 117 117 12 120 7 Equity Lines of Credit - - - - - Auto - - - - - Other - - - - - Total: Commercial $ 128 $ 128 $ 128 $ 1 $ - Agricultural 250 250 - 252 19 Real estate – residential 649 660 41 651 45 Real estate – commercial 131 144 - 136 - Real estate – construction & land 117 117 12 120 7 Equity Lines of Credit - - - - - Auto - - - - - Other - - - - - Total $ 1,275 $ 1,299 $ 181 $ 1,160 $ 71 |