Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. Outstanding loans are summarized below, in thousands: September 30, December 31, 2019 2018 Commercial $ 45,818 $ 49,563 Agricultural 77,529 69,160 Real estate – residential 14,960 15,900 Real estate – commercial 292,461 271,710 Real estate – construction and land development 42,727 40,161 Equity lines of credit 37,067 38,490 Auto 86,727 77,135 Other 4,467 4,080 Total loans 601,756 566,199 Deferred loan costs, net 3,471 3,257 Allowance for loan losses (7,226 ) (6,958 ) Total net loans $ 598,001 $ 562,498 Changes in the allowance for loan losses, in thousands, were as follows: September 30, December 31, 2019 2018 Balance, beginning of period $ 6,958 $ 6,669 Provision charged to operations 900 1,000 Losses charged to allowance (874 ) (1,191 ) Recoveries 242 480 Balance, end of period $ 7,226 $ 6,958 The recorded investment in impaired loans totaled $2,642,000 $1,275,000 September 30, 2019 December 31, 2018, $235,000 $633,000 September 30, 2019 $181,000 $424,000 December 31, 2018. no $2,009,000 $851,000 September 30, 2019 December 31, 2018, nine September 30, 2019 September 30, 2018 $1,771,000 $1,738,000, $45,000 $56,000 nine September 30, 2019 2018, No nine September 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 September 30, 2019 December 31, 2018 $1,046,000 $1,080,000, $34,000 $53,000 September 30, 2019 December 31, 2018, not September 30, 2019 December 31, 2018. There were no nine September 30, 2019 September 30, 2018. There were no twelve nine September 30, 2019 2018, At September 30, 2019 December 31, 2018, $2,598,000 $1,117,000, $116,000 $36,000 nine September 30, 2019 2018, $47,000 $7,000 three September 30, 2019 2018, no 90 September 30, 2019 December 31, 2018. Salaries and employee benefits totaling $1,716,000 $1,937,000 nine September 30, 2019 2018, $511,000 $703,000 three September 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: September 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 $ 45,233 $ 74,739 $ 14,649 $ 286,504 $ 42,641 $ 36,111 $ 499,877 Special Mention 464 2,790 - 5,078 - - 8,332 Substandard 121 - 311 879 86 956 2,353 Doubtful - - - - - - - Total $ 45,818 $ 77,529 $ 14,960 $ 292,461 $ 42,727 $ 37,067 $ 510,562 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 September 30 , 201 9 December 31, 201 8 Auto Other Total Auto Other Total Grade: Performing $ 86,464 $ 4,462 $ 90,926 $ 76,734 $ 4,071 $ 80,805 Non-performing 263 5 268 401 9 410 Total $ 86,727 $ 4,467 $ 91,194 $ 77,135 $ 4,080 $ 81,215 The following tables show the allocation of the allowance for loan losses at the dates indicated, in thousands: Nine months ended September 30 , 201 9 : Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real 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 (186 ) - - - - (6 ) (624 ) (58 ) (874 ) Recoveries 21 - 2 2 - 4 207 6 242 Provision 14 123 (42 ) 399 (118 ) (29 ) 494 59 900 Ending balance $ 763 $ 661 $ 174 $ 3,087 $ 640 $ 433 $ 1,366 $ 102 $ 7,226 Three months ended September 30 , 201 9 : Allowance for Loan Losses Beginning balance $ 721 $ 627 $ 177 $ 2,997 $ 597 $ 468 $ 1,372 $ 99 $ 7,058 Charge-offs (49 ) - - - - (1 ) (140 ) (27 ) (217 ) Recoveries 5 - - 2 - 2 72 4 85 Provision 86 34 (3 ) 88 43 (36 ) 62 26 300 Ending balance $ 763 $ 661 $ 174 $ 3,087 $ 640 $ 433 $ 1,366 $ 102 $ 7,226 Nine months ended September 30 , 2018: 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 September 30 , 2018: 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 September 30 , 2019: Allowance for Loan Losses Ending balance: individually evaluated for impairment $ 83 $ - $ 28 $ 118 $ 6 $ - $ - $ - $ 235 Ending balance: collectively evaluated for impairment 680 661 146 2,969 634 433 1,366 102 6,991 Ending balance $ 763 $ 661 $ 174 $ 3,087 $ 640 $ 433 $ 1,366 $ 102 $ 7,226 Loans Ending balance: individually evaluated for impairment 92 250 642 879 112 667 - - 2,642 Ending balance: collectively evaluated for impairment $ 45,726 $ 77,279 $ 14,318 $ 291,582 $ 42,615 $ 36,400 $ 86,727 $ 4,467 $ 599,114 Ending balance $ 45,818 $ 77,529 $ 14,960 $ 292,461 $ 42,727 $ 37,067 $ 86,727 $ 4,467 $ 601,756 December 31, 2018: Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real 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 September 30 , 201 9 30-89 Days 90 Days and Still Past Due and Past Due Accruing Nonaccrual Nonaccrual Current Total Commercial $ 142 $ - $ 98 $ 240 $ 45,578 $ 45,818 Agricultural - - - - 77,529 77,529 Real estate – residential 5 - 311 316 14,644 14,960 Real estate – commercial 63 - 879 942 291,519 292,461 Real estate - construction & land - - 86 86 42,641 42,727 Equity Lines of Credit 225 - 956 1,181 35,886 37,067 Auto 1,237 - 263 1,500 85,227 86,727 Other 40 - 5 45 4,422 4,467 Total $ 1,712 $ - $ 2,598 $ 4,310 $ 597,446 $ 601,756 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 September 30, 2019, Unpaid Average Interest Recorded Principal Related Recorded Income As of September 30 , 201 9 : Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ - $ - $ - $ - $ - Agricultural 250 250 - 250 13 Real estate – residential 464 477 - 375 22 Real estate – commercial 628 641 - 481 - Real estate – construction & land - - - - - Equity Lines of Credit 667 691 - 272 - Auto - - - - - Other - - - - - With an allowance recorded: Commercial $ 92 $ 92 $ 83 $ 2 $ - Agricultural - - - - - Real estate – residential 178 178 28 178 5 Real estate – commercial 251 257 118 101 - Real estate – construction & land 112 112 6 112 5 Equity Lines of Credit - - - - - Auto - - - - - Other - - - - - Total: Commercial $ 92 $ 92 $ 83 $ 2 $ - Agricultural 250 250 - 250 13 Real estate – residential 642 655 28 553 27 Real estate – commercial 879 898 118 582 - Real estate – construction & land 112 112 6 112 5 Equity Lines of Credit 667 691 - 272 - Auto - - - - - Other - - - - - Total $ 2,642 $ 2,698 $ 235 $ 1,771 $ 45 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 |