Village Bank and Trust Financial (VBFC) 10-Q13 Aug 212021 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2021	Jul. 31, 2021
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Entity File Number	0-50765
Entity Registrant Name	Village Bank & Trust Financial Corp.
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	16-1694602
Entity Address, Address Line One	13319 Midlothian Turnpike
Entity Address, City or Town	Midlothian
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	23113
City Area Code	804
Local Phone Number	897-3900
Title of 12(b) Security	Common Stock, par value $4.00 per share
Trading Symbol	VBFC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,467,442
Entity Central Index Key	0001290476
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Assets
Cash and due from banks	$ 19,775,000	$ 12,709,000
Federal funds sold	51,884,000	30,742,000
Total cash and cash equivalents	71,659,000	43,451,000
Investment securities available for sale, at fair value	48,752,000	40,844,000
Restricted stock, at cost	694,000	825,000
Loans held for sale	16,374,000	34,421,000
Loans
Outstandings	551,664,000	561,003,000
Allowance for loan losses	(3,429,000)	(3,970,000)
Deferred fees and costs, net	(2,578,000)	(2,048,000)
Total loans, net	545,657,000	554,985,000
Other real estate owned, net of valuation allowance		336,000
Premises and equipment, net	12,056,000	11,779,000
Bank owned life insurance	12,338,000	7,806,000
Accrued interest receivable	4,350,000	4,943,000
Other assets	6,052,000	6,846,000
Total Assets	717,932,000	706,236,000
Deposits
Noninterest bearing demand	252,756,000	222,305,000
Interest bearing	385,327,000	366,077,000
Long-term Federal Home Loan Bank Advances	0	0
Total deposits	638,083,000	588,382,000
Long-term debt - trust preferred securities	8,764,000	8,764,000
Subordinated debt, net	5,644,000	5,628,000
Other borrowings		41,529,000
Accrued interest payable	85,000	194,000
Other liabilities	6,375,000	9,743,000
Total liabilities	658,951,000	654,240,000
Shareholders' equity
Common stock, $4 par value, 10,000,000 shares authorized; 1,466,800 shares issued and outstanding at June 30, 2021 and 1,466,516 shares issued and outstanding at December 31, 2020	5,796,000	5,794,000
Additional paid-in capital	54,691,000	54,510,000
Accumulated deficit	(1,547,000)	(8,738,000)
Stock in directors rabbi trust	(730,000)	(771,000)
Directors deferred fees obligation	730,000	771,000
Accumulated other comprehensive income	41,000	430,000
Total shareholders' equity	58,981,000	51,996,000
Total liabilities and shareholders' equity	$ 717,932,000	$ 706,236,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020
Consolidated Balance Sheets
Common stock, par value (in dollars per share)	$ 4	$ 4
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	1,466,800	1,466,516
Common stock, shares outstanding (in shares)	1,466,800	1,466,516

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($)	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest income
Loans	$ 6,715,000	$ 5,945,000	$ 13,494,000	$ 11,314,000
Investment securities	249,000	240,000	499,000	510,000
Federal funds sold	8,000	8,000	10,000	53,000
Total interest income	6,972,000	6,193,000	14,003,000	11,877,000
Interest expense
Deposits	432,000	875,000	925,000	1,775,000
Borrowed funds	148,000	374,000	310,000	731,000
Total interest expense	580,000	1,249,000	1,235,000	2,506,000
Net interest income	6,392,000	4,944,000	12,768,000	9,371,000
Recovery of provision for loan losses	(500,000)	300,000	(500,000)	700,000
Net interest income after provision for (recovery of) loan losses	6,892,000	4,644,000	13,268,000	8,671,000
Noninterest income
Service charges and fees	595,000	448,000	1,131,000	966,000
Mortgage banking income, net	2,165,000	2,288,000	5,656,000	3,658,000
Gain on sale of investment securities, net	0	0	0	12,000
Gain on sale of Small Business Administration loans	0	0	0	86,000
Other	92,000	79,000	236,000	153,000
Total noninterest income	2,852,000	2,815,000	7,023,000	4,875,000
Noninterest expense
Salaries and benefits	3,512,000	2,612,000	6,933,000	5,635,000
Occupancy	281,000	313,000	634,000	639,000
Equipment	264,000	214,000	521,000	414,000
Supplies	48,000	53,000	89,000	91,000
Professional and outside services	667,000	725,000	1,358,000	1,440,000
Advertising and marketing	130,000	93,000	247,000	171,000
Foreclosed assets, net	(8,000)	(156,000)	(8,000)	(156,000)
FDIC insurance premium	38,000	60,000	104,000	120,000
Other operating expense	615,000	545,000	1,183,000	1,054,000
Total noninterest expense	5,547,000	4,459,000	11,061,000	9,408,000
Income before income tax expense	4,197,000	3,000,000	9,230,000	4,138,000
Income tax expense	903,000	665,000	2,039,000	905,000
Net income	$ 3,294,000	$ 2,335,000	$ 7,191,000	$ 3,233,000
Earnings per share, basic	$ 2.24	$ 1.61	$ 4.90	$ 2.22
Earnings per share, diluted	$ 2.24	$ 1.61	$ 4.90	$ 2.22

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Consolidated Statements of Comprehensive Income
Net income	$ 3,294	$ 2,335	$ 7,191	$ 3,233
Other comprehensive income (loss)
Unrealized holding gains (losses) arising during the period	62	55	(498)	438
Tax effect	(13)	(12)	105	(92)
Net change in unrealized holding gains (losses) on securities available for sale, net of tax	49	43	(393)	346
Reclassification adjustment
Reclassification adjustment for gains realized in income	0	0	0	(12)
Tax effect	0	0	0	3
Reclassification for gains included in net income, net of tax	0	0	0	(9)
Minimum pension adjustment	3	3	6	6
Tax effect	(1)	(1)	(2)	(2)
Minimum pension adjustment, net of tax	2	2	4	4
Total other comprehensive income (loss)	51	45	(389)	341
Total comprehensive income	$ 3,345	$ 2,380	$ 6,802	$ 3,574

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Stock in Directors Rabbi Trust [Member]	Directors Deferred Fees Obligation [Member]	Accumulated Other Comprehensive Income (loss) [Member]	Total
Balance at Dec. 31, 2019	$ 5,779	$ 54,285	$ (17,292)	$ (856)	$ 856	$ 142	$ 42,914
Vesting of restricted stock	0	0	0	85	(85)	0	0
Stock based compensation	0	129	0	0	0	0	129
Net income	0	0	3,233	0	0	0	3,233
Other comprehensive income (loss)	0	0	0	0	0	341	341
Balance at Jun. 30, 2020	5,779	54,414	(14,059)	(771)	771	483	46,617
Balance at Mar. 31, 2020	5,779	54,339	(16,394)	(771)	771	438	44,162
Stock based compensation	0	75	0	0	0	0	75
Net income	0	0	2,335	0	0	0	2,335
Other comprehensive income (loss)	0	0	0	0	0	45	45
Balance at Jun. 30, 2020	5,779	54,414	(14,059)	(771)	771	483	46,617
Balance at Dec. 31, 2020	5,794	54,510	(8,738)	(771)	771	430	51,996
Vesting of restricted stock	2	(2)	0	41	(41)	0	0
Stock based compensation	0	183	0	0	0	0	183
Net income	0	0	7,191	0	0	0	7,191
Other comprehensive income (loss)	0	0	0	0	0	(389)	(389)
Balance at Jun. 30, 2021	5,796	54,691	(1,547)	(730)	730	41	58,981
Balance at Mar. 31, 2021	5,796	54,593	(4,841)	(730)	730	(10)	55,538
Stock based compensation	0	98	0	0	0	0	98
Net income	0	0	3,294	0	0	0	3,294
Other comprehensive income (loss)	0	0	0	0	0	51	51
Balance at Jun. 30, 2021	$ 5,796	$ 54,691	$ (1,547)	$ (730)	$ 730	$ 41	$ 58,981

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Cash Flows from Operating Activities
Net income	$ 7,191,000	$ 3,233,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	291,000	300,000
Amortization of debt issuance costs	16,000	17,000
Deferred income taxes	232,000	905,000
Provision for (recovery of) loan losses	(500,000)	700,000
Write-down of other real estate owned	10,000	16,000
Gain on sale of investment securities	0	(12,000)
Gain on sale of Small Business Administration loans	0	(86,000)
Gain on sales of loans held for sale	(6,904,000)	(4,429,000)
Gain on sale of real estate owned	(18,000)	(175,000)
Loss on sale and disposal of premises and equipment	10,000	0
Stock compensation expense	183,000	129,000
Proceeds from sale of mortgage loans	189,300,000	141,495,000
Origination of mortgage loans held for sale	(164,349,000)	(142,105,000)
Amortization of premiums and accretion of discounts on securities, net	99,000	110,000
Increase in bank owned life insurance	(124,000)	(94,000)
Net change in:
Interest receivable	593,000	(911,000)
Other assets	671,000	1,317,000
Interest payable	(109,000)	0
Other liabilities	(3,368,000)	223,000
Net cash provided by (used in) operating activities	23,224,000	633,000
Cash Flows from Investing Activities
Purchases of available for sale securities	(17,217,000)	(1,013,000)
Proceeds from the sale of available for sale securities	0	7,936,000
Proceeds from maturities, calls and paydowns of available for sale securities	8,712,000	2,556,000
Net decrease (increase) in loans	9,828,000	(173,670,000)
Proceeds from sale of other real estate owned	344,000	349,000
Purchases of premises and equipment, net	(578,000)	(87,000)
Purchase of bank owned life insurance	(4,408,000)	0
Redemptions (Purchase) of restricted stock, net	131,000	(107,000)
Net cash used in investing activities	(3,188,000)	(164,036,000)
Cash Flows from Financing Activities
Net increase in deposits	49,701,000	136,587,000
Repayments of Federal Home Loan Bank advances	0	2,000,000
Net (decrease) increase in other borrowings	(41,529,000)	39,803,000
Net cash provided by financing activities	8,172,000	178,390,000
Net increase in cash and cash equivalents	28,208,000	14,987,000
Cash and cash equivalents, beginning of period	43,451,000	19,967,000
Cash and cash equivalents, end of period	71,659,000	34,954,000
Supplemental Disclosure of Cash Flow Information
Cash payments for interest	1,344,000	2,506,000
Supplemental Schedule of Non-Cash Activities
Unrealized gains (losses) on securities available for sale	(498,000)	425,000
Right of use assets obtained in exchange for new operating lease liabilities	243,000	0
Minimum pension adjustment	$ 3,000	$ 6,000

Principles of presentation

Principles of presentation	6 Months Ended
Principles of presentation	Jun. 30, 2021
Principles of presentation
Principles of presentation	Note 1 – Principles of presentation Village Bank and Trust Financial Corp. (the “Company”) is the holding company of Village Bank (the “Bank”). The consolidated financial statements include the accounts of the Company, the Bank and the Bank’s subsidiary, Village Bank Mortgage Corporation. All material intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the accompanying condensed consolidated financial statements of the Company have been prepared on the accrual basis in accordance with generally accepted accounting principles for interim financial information. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. However, all adjustments that are, in the opinion of management, necessary for a fair presentation have been included. The results of operations for the three and six month periods ended June 30, 2021 are not necessarily indicative of the results to be expected for the full year ending December 31, 2021. The unaudited interim financial statements should be read in conjunction with the audited financial statements and notes to financial statements that are presented in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 as filed with the Securities and Exchange Commission (“SEC”).

Use of estimates

Use of estimates	6 Months Ended
Use of estimates	Jun. 30, 2021
Use of estimates
Use of estimates	Note 2 – Use of estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the balance sheets and statements of income for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change include the determination of the allowance for loan losses and its related provision including impaired loans and troubled debt restructurings (“TDRs”).

Earnings per common share

Earnings per common share	6 Months Ended
Earnings per common share	Jun. 30, 2021
Earnings per common share
Earnings per common share	Note 3 – Earnings per common share The following table presents the basic and diluted earnings per common share computation (in thousands, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Numerator Net income - basic and diluted $ 3,294 $ 2,335 $ 7,191 $ 3,233 Denominator Weighted average shares outstanding - basic 1,468 1,454 1,467 1,454 Dilutive effect of common stock options — — — — Weighted average shares outstanding - diluted 1,468 1,454 1,467 1,454 Earnings per share - basic $ 2.24 $ 1.61 $ 4.90 $ 2.22 Earnings per share - diluted $ 2.24 $ 1.61 $ 4.90 $ 2.22 Applicable guidance requires that outstanding, unvested share-based payment awards that contain voting rights and rights to nonforfeitable dividends participate in undistributed earnings with common shareholders. Accordingly, the weighted average number of shares of the Company’s common stock used in the calculation of basic and diluted net income per common share includes unvested shares of the Company’s outstanding restricted common stock. The vesting of 6,656 and 4,155 at June 30, 2021 and 2020, respectively, of the unvested restricted units included in Note 10 “Stock incentive plan” was dependent upon meeting certain performance criteria. As of June 30, 2021 and 2020, it was indeterminable whether these unvested restricted units would vest and as such the underlying shares were excluded from common shares issued and outstanding at such date and were not included in the computation of earnings per share for such period.

Investment securities available

Investment securities available for sale	6 Months Ended
Investment securities available for sale	Jun. 30, 2021
Investment securities available for sale
Investment securities available for sale	Note 4 – Investment securities available for sale The amortized cost and fair value of investment securities available for sale as of June 30, 2021 and December 31, 2020 are as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value June 30, 2021 U.S. Government agency obligations $ 3,725 $ 51 $ — $ 3,776 Mortgage-backed securities 35,376 425 (342) 35,459 Municipals 1,282 — (57) 1,225 Subordinated debt 8,278 85 (71) 8,292 $ 48,661 $ 561 $ (470) $ 48,752 December 31, 2020 U.S. Government agency obligations $ 8,048 $ 94 $ — $ 8,142 Mortgage-backed securities 23,412 645 (51) 24,006 Subordinated debt 8,795 37 (136) 8,696 $ 40,255 $ 776 $ (187) $ 40,844 At June 30, 2021 and December 31, 2020, the Company had no investment securities pledged to secure borrowings from the Federal Home Loan Bank of Atlanta ("FHLB"). Gross realized gains and losses pertaining to available for sale securities are detailed as follows for the periods indicated (in thousands): Three Months Ended Six Months June 30, Ended June 30, 2021 2020 2021 2020 Gross realized gains $ — $ — $ — $ 39 Gross realized losses — — — (27) $ — $ — $ — $ 12 The Company sold approximately $7,900,000 Investment securities available for sale that have an unrealized loss position at June 30, 2021 and December 31, 2020 are detailed below (in thousands): Securities in a loss Securities in a loss position for less than position for more than 12 Months 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2021 Mortgage-backed securities $ 22,252 $ (342) $ — $ — $ 22,252 $ (342) Municipals 1,225 (57) — — 1,225 (57) Subordinated debt 492 (8) 943 (63) 1,435 (71) $ 23,969 $ (407) $ 943 $ (63) $ 24,912 $ (470) December 31, 2020 Mortgage-backed securities $ 5,475 $ (51) $ — $ — $ 5,475 $ (51) Subordinated debt 1,747 (11) 2,807 (125) 4,554 (136) $ 7,222 $ (62) $ 2,807 $ (125) $ 10,029 $ (187) As of June 30, 2021, there were 12 investments available for sale totaling $23,969,000 that were in a continuous loss position for less than 12 months and had an unrealized loss of $407,000. There were two investments available for sale totaling $943,000 that had been in a continuous loss position for more than 12 months and had an unrealized loss of $63,000. All of the unrealized losses are attributable to movements in interest rates and not to credit deterioration. Currently, the Company believes that it is probable that the Company will be able to collect all amounts due according to the contractual terms of the investments. Because the decline in fair value is attributable to changes in interest rates and not to credit quality, and because it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost bases, which may be maturity, the Company does not consider these investments to be other than temporarily impaired at June 30, 2021. The amortized cost and estimated fair value of investment securities available for sale as of June 30, 2021, by contractual maturity, are as follows (in thousands): Amortized Cost Fair Value Less than one year $ 2,003 $ 2,009 One to five years 212 213 Five to ten years 9,627 9,680 More than ten years 36,819 36,850 Total $ 48,661 $ 48,752

Loans and allowance for loan lo

Loans and allowance for loan losses	6 Months Ended
Loans and allowance for loan losses	Jun. 30, 2021
Loans and allowance for loan losses
Loans and allowance for loan losses	$2 million — — — — — — Total 240 $ 24,709 747 $ 72,908 987 $ 97,617 December 31, 2020 Round 1 Loan Size # of Loans $ of Loans < $350,000 1,172 $ 72,526 $350,000 - $2 million 57 41,046 > $2 million 6 23,102 Total 1,235 $ 136,674 Loans pledged as collateral with the FHLB as part of their lending arrangement with the Company totaled $45,398,000 and $65,587,000 as of June 30, 2021 and December 31, 2020, respectively. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on nonaccrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on nonaccrual status regardless of whether or not such loans are considered past due as long as the remaining recorded investment in the loan is deemed fully collectible. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received in excess of principal due. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. The following table provides information on nonaccrual loans segregated by type at the dates indicated (in thousands): June 30, December 31, 2021 2020 Commercial real estate Non-owner occupied $ 297 $ 303 297 303 Consumer real estate Home equity lines 300 300 Secured by 1-4 family residential First deed of trust 623 630 Second deed of trust 302 317 1,225 1,247 Commercial and industrial loans (except those secured by real estate) 24 27 Total loans $ 1,546 $ 1,577 The Company assigns risk rating classifications to its loans. These risk ratings are divided into the following groups: ● Risk rated 1 to 4 loans are considered of sufficient quality to preclude an adverse rating. These assets generally are well protected by the current net worth and paying capacity of the obligor or by the value of the asset or underlying collateral; ● Risk rated 5 loans are defined as having potential weaknesses that deserve management’s close attention; ● Risk rated 6 loans are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any; and ● Risk rated 7 loans have all the weaknesses inherent in substandard loans, with the added characteristics that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. The following tables provide information on the risk rating of loans at the dates indicated (in thousands): Risk Rated Risk Rated Risk Rated Risk Rated Total 1-4 5 6 7 Loans June 30, 2021 Construction and land development Residential $ 7,802 $ — $ — $ — $ 7,802 Commercial 33,545 2,726 — — 36,271 41,347 2,726 — — 44,073 Commercial real estate Owner occupied 89,793 6,996 3,616 — 100,405 Non-owner occupied 122,454 4,232 677 — 127,363 Multifamily 11,743 - — — 11,743 Farmland 1,076 - — — 1,076 225,066 11,228 4,293 — 240,587 Consumer real estate Home equity lines 16,274 625 300 — 17,199 Secured by 1-4 family residential First deed of trust 53,569 2,260 899 — 56,728 Second deed of trust 11,839 434 333 — 12,606 81,682 3,319 1,532 — 86,533 Commercial and industrial loans (except those secured by real estate) 146,336 2,019 301 — 148,656 Guaranteed student loans 28,601 — — — 28,601 Consumer and other 3,177 37 — — 3,214 Total loans $ 526,209 $ 19,329 $ 6,126 $ — $ 551,664 Risk Rated Risk Rated Risk Rated Risk Rated Total 1-4 5 6 7 Loans December 31, 2020 Construction and land development Residential $ 8,103 $ — $ — $ — $ 8,103 Commercial 21,370 96 — — 21,466 29,473 96 — — 29,569 Commercial real estate Owner occupied 88,066 9,405 2,313 — 99,784 Non-owner occupied 116,161 4,244 779 — 121,184 Multifamily 9,889 — — — 9,889 Farmland 367 — — — 367 214,483 13,649 3,092 — 231,224 Consumer real estate Home equity lines 17,298 796 300 — 18,394 Secured by 1-4 family residential First deed of trust 53,731 2,212 1,146 — 57,089 Second deed of trust 9,425 1,236 436 — 11,097 80,454 4,244 1,882 — 86,580 Commercial and industrial loans (except those secured by real estate) 178,217 2,602 269 — 181,088 Guaranteed student loans 29,657 — — — 29,657 Consumer and other 2,844 41 — — 2,885 Total loans $ 535,128 $ 20,632 $ 5,243 $ — $ 561,003 The following table presents the aging of the recorded investment in past due loans and leases as of the dates indicated (in thousands): Recorded Greater Investment > 30-59 Days 60-89 Days Than Total Past Total 90 Days and Past Due Past Due 90 Days Due Current Loans Accruing June 30, 2021 Construction and land development Residential $ — $ — $ — $ — $ 7,802 $ 7,802 $ — Commercial — — — — 36,271 36,271 — — — — — 44,073 44,073 — Commercial real estate Owner occupied — — — — 100,405 100,405 — Non-owner occupied — — — — 127,363 127,363 — Multifamily — — — — 11,743 11,743 — Farmland — — — — 1,076 1,076 — — — — — 240,587 240,587 — Consumer real estate Home equity lines — — — — 17,199 17,199 — Secured by 1-4 family residential First deed of trust — — — 56,728 56,728 — Second deed of trust — — — — 12,606 12,606 — — — — — 86,533 86,533 — Commercial and industrial loans (except those secured by real estate) 409 — — 409 148,247 148,656 — Guaranteed student loans 983 515 2,496 3,994 24,607 28,601 2,496 Consumer and other — — — — 3,214 3,214 — Total loans $ 1,392 $ 515 $ 2,496 $ 4,403 $ 547,261 $ 551,664 $ 2,496 Recorded Greater Investment > 30-59 Days 60-89 Days Than Total Past Total 90 Days and Past Due Past Due 90 Days Due Current Loans Accruing December 31, 2020 Construction and land development Residential $ — $ — $ — $ — $ 8,103 $ 8,103 $ — Commercial — — — — 21,466 21,466 — — — — — 29,569 29,569 — Commercial real estate Owner occupied 86 — — 86 99,698 99,784 — Non-owner occupied — — — — 121,184 121,184 — Multifamily — — — — 9,889 9,889 — Farmland — — — — 367 367 — 86 — — 86 231,138 231,224 — Consumer real estate Home equity lines — — — — 18,394 18,394 — Secured by 1-4 family residential First deed of trust 133 — 133 56,956 57,089 — Second deed of trust — 57 — 57 11,040 11,097 — 133 57 — 190 86,390 86,580 — Commercial and industrial loans (except those secured by real estate) 25 — — 25 181,063 181,088 — Guaranteed student loans 1,428 1,009 2,193 4,630 25,027 29,657 2,193 Consumer and other 1 — — 1 2,884 2,885 — Total loans $ 1,673 $ 1,066 $ 2,193 $ 4,932 $ 556,071 $ 561,003 $ 2,193 Loans greater than 90 days past due are student loans that are guaranteed by the DOE which covers approximately 98% of the principal and interest. Accordingly, these loans will not be placed on nonaccrual status and are not considered to be impaired. Loans are considered impaired when, based on current information and events it is probable the Company will be unable to collect all amounts when due in accordance with the original contractual terms of the loan agreement, including scheduled principal and interest payments. Loans evaluated individually for impairment include non-performing loans, such as loans on non-accrual, non-guaranteed loans past due by 90 days or more, restructured loans and other loans selected by management. The evaluations are based upon discounted expected cash flows or collateral valuations. If the evaluation shows that a loan is individually impaired, then a specific reserve is established for the amount of impairment. Impairment is evaluated in total for smaller-balance loans of a similar nature and on an individual loan basis for other loans. If a loan is impaired, a specific valuation allowance is allocated, if necessary, so that the loan is reported net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis. Impaired loans, or portions thereof, are charged off when deemed uncollectible. Impaired loans are set forth in the following table as of the dates indicated (in thousands): June 30, 2021 December 31, 2020 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance With no related allowance recorded Commercial real estate Owner occupied $ 5,167 $ 5,182 $ — $ 2,780 $ 2,795 $ — Non-owner occupied 1,873 1,873 — 1,991 1,991 — 7,040 7,055 — 4,771 4,786 — Consumer real estate Home equity lines 300 300 — 300 300 — Secured by 1-4 family residential First deed of trust 1,867 1,867 — 1,937 1,940 — Second deed of trust 625 918 — 699 992 — 2,792 3,085 — 2,936 3,232 — Commercial and industrial loans (except those secured by real estate) 201 201 — 141 141 — 10,033 10,341 — 7,848 8,159 — With an allowance recorded Commercial real estate Owner occupied — — — 1,125 1,125 9 — — — 1,125 1,125 9 Consumer real estate Secured by 1-4 family residential First deed of trust 150 150 8 74 74 8 150 150 8 74 74 8 Total Commercial real estate Owner occupied 5,167 5,182 — 3,905 3,920 9 Non-owner occupied 1,873 1,873 — 1,991 1,991 — 7,040 7,055 — 5,896 5,911 9 Consumer real estate Home equity lines 300 300 — 300 300 — Secured by 1-4 family residential, First deed of trust 2,017 2,017 8 2,011 2,014 8 Second deed of trust 625 918 — 699 992 — 2,942 3,235 8 3,010 3,306 8 Commercial and industrial loans (except those secured by real estate) 201 201 — 141 141 — $ 10,183 $ 10,491 $ 8 $ 9,047 $ 9,358 $ 17 The following is a summary of average recorded investment in impaired loans with and without a valuation allowance and interest income recognized on those loans for the periods indicated (in thousands): For the Three Months For the Six Months Ended June 30, 2021 Ended June 30, 2021 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related allowance recorded Construction and land development Commercial $ — $ — $ 72 $ — — — 72 — Commercial real estate Owner occupied 5,211 38 4,073 96 Non-owner occupied 1,884 29 1,862 59 7,095 67 5,935 155 Consumer real estate Home equity lines 300 5 300 13 Secured by 1-4 family residential First deed of trust 1,989 22 2,001 45 Second deed of trust 977 8 695 19 3,266 35 2,996 77 Commercial and industrial loans (except those secured by real estate) 202 1 173 1 10,563 103 9,176 233 With an allowance recorded Construction and land development Commercial — — 26 — Commercial real estate Owner occupied — — 562 15 — — 562 15 Consumer real estate Secured by 1-4 family residential First deed of trust 151 1 113 2 151 1 113 2 Commercial and industrial loans (except those secured by real estate) — — 42 6 151 1 743 23 Total Construction and land development Commercial — — 98 — — — 98 — Commercial real estate Owner occupied 5,211 38 4,635 111 Non-owner occupied 1,884 29 1,862 59 7,095 67 6,497 170 Consumer real estate Home equity lines 300 5 300 13 Secured by 1-4 family residential, First deed of trust 2,140 23 2,114 47 Second deed of trust 977 8 695 19 3,417 36 3,109 79 Commercial and industrial loans (except those secured by real estate) 202 1 215 7 $ 10,714 $ 104 $ 9,919 $ 256 Included in impaired loans are loans classified as TDRs. A modification of a loan’s terms constitutes a TDR if the creditor grants a concession to the borrower for economic or legal reasons related to the borrower’s financial difficulties that it would not otherwise consider. For loans classified as impaired TDRs, the Company further evaluates the loans as performing or nonaccrual. To restore a nonaccrual loan that has been formally restructured in a TDR to accrual status, we perform a current, well documented credit analysis supporting a return to accrual status based on the borrower’s financial condition and prospects for repayment under the revised terms. Otherwise, the TDR must remain in nonaccrual status. The analysis considers the borrower’s sustained historical repayment performance for a reasonable period to the return-to-accrual date, but may take into account payments made for a reasonable period prior to the restructuring if the payments are consistent with the modified terms. A sustained period of repayment performance generally would be a minimum of six months and would involve payments in the form of cash or cash equivalents. An accruing loan that is modified in a TDR can remain in accrual status if, based on a current well-documented credit analysis, collection of principal and interest in accordance with the modified terms is reasonably assured, and the borrower has demonstrated sustained historical repayment performance for a reasonable period before modification. The following is a summary of performing and nonaccrual TDRs and the related specific valuation allowance by portfolio segment for the periods indicated (dollars in thousands). Specific Valuation Total Performing Nonaccrual Allowance June 30, 2021 Commercial real estate Owner occupied $ 3,328 $ 3,328 $ — $ — Non-owner occupied 1,874 1,576 298 — 5,202 4,904 298 — Consumer real estate Secured by 1-4 family residential First deeds of trust 1,691 1,148 543 8 Second deeds of trust 523 463 60 — 2,214 1,611 603 8 Commercial and industrial loans (except those secured by real estate) 24 — 24 — $ 7,440 $ 6,515 $ 925 $ 8 Number of loans 33 26 7 2 Specific Valuation Total Performing Nonaccrual Allowance December 31, 2020 Commercial real estate Owner occupied $ 3,396 $ 3,396 $ — $ 9 Non-owner occupied 1,991 1,688 303 — 5,387 5,084 303 9 Consumer real estate Secured by 1-4 family residential First deeds of trust 1,460 910 550 8 Second deeds of trust 617 556 61 — 2,077 1,466 611 8 Commercial and industrial loans (except those secured by real estate) 27 — 27 — $ 7,491 $ 6,550 $ 941 $ 17 Number of loans 34 27 7 2 The following table provides information about TDRs identified during the indicated periods (dollars in thousands). Three Months ended Three Months Ended June 30, 2021 June 30, 2020 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Number of Recorded Recorded Loans Balance Balance Loans Balance Balance Commercial real estate Owner occupied — $ — $ — 1 $ 311 $ 311 — — — 1 311 311 Six Months Ended Six Months Ended June 30, 2021 June 30, 2020 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Number of Recorded Recorded Loans Balance Balance Loans Balance Balance Commercial real estate Owner occupied — $ — $ — 1 $ 311 $ 311 Consumer real estate Secured by 1-4 family residential, First deed of trust 1 $ 267 $ 267 — $ — $ — 1 $ 267 $ 267 1 $ 311 $ 311 There were no defaults on TDR’s that were modified as TDRs during the prior 12 month period ended June 30, 2021 and 2020. The CARES Act, as amended by the Consolidated Appropriations Act 2021 (“CAA”), permits financial institutions to suspend requirements under GAAP for loan modifications to borrowers affected by COVID-19 that would otherwise be characterized as TDRs and suspend any determination related thereto if (i) the loan modification is made between March 1, 2020 and the earlier of January 1, 2022 or 60 days after the end of the COVID-19 emergency declaration and (ii) the applicable loan was not more than 30 days past due as of December 31, 2019. In addition, federal bank regulatory authorities have issued guidance to encourage financial institutions to make prudent loan modifications for borrowers affected by COVID-19 and have assured financial institutions that they will neither receive supervisory criticism for such prudent loan modifications, nor be required by examiners to automatically categorize COVID-19-related loan modifications as TDRs. As of June 30, 2021 and December 31, 2020, the Company had approximately $5.9 million and $38.0 million in loans still under their modified terms, respectively. The Company’s modification program primarily included payment deferrals and interest only modifications. Activity in the allowance for loan losses is as follows for the periods indicated (in thousands): Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Three Months Ended June 30, 2021 Construction and land development Residential $ 100 $ (34) $ — $ — $ 66 Commercial 168 35 — — 203 268 1 — — 269 Commercial real estate Owner occupied 899 (97) — — 802 Non-owner occupied 1,286 (241) — 14 1,059 Multifamily 38 (3) — — 35 Farmland 1 1 — — 2 2,224 (340) — 14 1,898 Consumer real estate Home equity lines 15 (14) — 10 11 Secured by 1-4 family residential First deed of trust 146 (41) — 8 113 Second deed of trust 67 86 (84) 3 72 228 31 (84) 21 196 Commercial and industrial loans (except those secured by real estate) 410 3 — 9 422 Student loans 76 9 (5) — 80 Consumer and other 38 16 (18) — 36 Unallocated 748 (220) — — 528 $ 3,992 $ (500) $ (107) $ 44 $ 3,429 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Three Months Ended June 30, 2020 Construction and land development Residential $ 219 $ (8) $ — $ 2 $ 213 Commercial 270 25 — — 295 489 17 — 2 508 Commercial real estate Owner occupied 859 45 — — 904 Non-owner occupied 1,058 144 — — 1,202 Multifamily 68 (21) — — 47 Farmland 1 (1) — — — 1,986 167 — — 2,153 Consumer real estate Home equity lines 40 — — — 40 Secured by 1-4 family residential First deed of trust 157 8 — 1 166 Second deed of trust 76 (4) — 3 75 273 4 — 4 281 Commercial and industrial loans (except those secured by real estate) 409 (110) — 18 317 Student loans 104 3 (6) — 101 Consumer and other 41 2 (3) — 40 Unallocated 142 217 — — 359 $ 3,444 $ 300 $ (9) $ 24 $ 3,759 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Six Months Ended June 30, 2021 Construction and land development Residential $ 214 $ (148) $ — $ — $ 66 Commercial 285 (82) — — 203 499 (230) — — 269 Commercial real estate Owner occupied 1,047 (245) — — 802 Non-owner occupied 1,421 (376) — 14 1,059 Multifamily 47 (12) — — 35 Farmland 2 — — — 2 2,517 (633) — 14 1,898 Consumer real estate Home equity lines 24 (23) — 10 11 Secured by 1-4 family residential First deed of trust 166 (62) — 9 113 Second deed of trust 79 60 (84) 17 72 269 (25) (84) 36 196 Commercial and industrial loans (except those secured by real estate) 408 (10) — 24 422 Student loans 87 6 (13) — 80 Consumer and other 36 18 (18) — 36 Unallocated 154 374 — — 528 $ 3,970 $ (500) $ (115) $ 74 $ 3,429 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Six Months Ended June 30, 2020 Construction and land development Residential $ 48 $ 162 $ — $ 3 $ 213 Commercial 137 158 — — 295 185 320 — 3 508 Commercial real estate Owner occupied 671 233 — — 904 Non-owner occupied 831 371 — — 1,202 Multifamily 85 (38) — — 47 Farmland 2 (2) — — — 1,589 564 — — 2,153 Consumer real estate Home equity lines 271 (231) — — 40 Secured by 1-4 family residential First deed of trust 343 (181) — 4 166 Second deed of trust 64 4 — 7 75 678 (408) — 11 281 Commercial and industrial loans (except those secured by real estate) 572 (141) (135) 21 317 Student loans 108 19 (26) — 101 Consumer and other 30 11 (4) 3 40 Unallocated 24 335 — — 359 $ 3,186 $ 700 $ (165) $ 38 $ 3,759 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Year Ended December 31, 2020 Construction and land development Residential $ 48 $ 141 $ — $ 25 $ 214 Commercial 137 148 — — 285 185 289 — 25 499 Commercial real estate Owner occupied 671 376 — — 1,047 Non-owner occupied 831 590 — — 1,421 Multifamily 85 (38) — — 47 Farmland 2 — — — 2 1,589 928 — — 2,517 Consumer real estate Home equity lines 271 (247) — — 24 Secured by 1-4 family residential First deed of trust 343 (190) — 13 166 Second deed of trust 64 45 (85) 55 79 678 (392) (85) 68 269 Commercial and industrial loans (except those secured by real estate) 572 (58) (135) 29 408 Student loans 108 27 (48) — 87 Consumer and other 30 26 (24) 4 36 Unallocated 24 130 — — 154 $ 3,186 $ 950 $ (292) $ 126 $ 3,970 The amount of the loan loss provision (recovery) is determined by an evaluation of the level of loans outstanding, the level of nonperforming loans, historical loan loss experience, delinquency trends, underlying collateral values, the amount of actual losses charged to the reserve in a given period and assessment of present and anticipated economic conditions. Loans originated under PPP are not considered in the evaluation of the allowance for loan losses because these loans carry a 100% guarantee from the SBA; however, if the collectability on the guarantee on a loan is at risk that loan will be included in the evaluation of the allowance for loan losses. The level of the allowance reflects changes in the size of the portfolio or in any of its components as well as management’s continuing evaluation of industry concentrations, specific credit risk, loan loss experience, current loan portfolio quality, and present economic, political and regulatory conditions. Portions of the allowance may be allocated for specific credits; however, the entire allowance is available for any credit that, in management’s judgement, should be charged off. While management utilizes its best judgement and information available, the ultimate adequacy of the allowance is dependent upon a variety of factors beyond the Company’s control, including the performance of the Company’s loan portfolio, the economy, changes in interest rates and the view of the regulatory authorities toward loan classifications. The Company recorded a recovery of provision expense of $500,000 for the six month period ended June 30, 2021 compared to a provision expense of $700,000 for the six month period ended June 30, 2020. The recovery of provision for the six month period ended June 30, 2021 resulted from a reduction in qualitative factors which was driven by improving economic factors, improved credit metrics, and reductions in loan deferrals. The provision expense for the six month period ended June 30, 2020 was the result of an increase in the qualitative factors driven by economic uncertainty surrounding the COVID-19 pandemic. While the Delta variant of the COVID-19 virus remains a risk to credit quality, we believe our current level of allowance for loan losses is sufficient. The allowance for loan losses at each of the periods presented includes an amount that could not be identified to individual types of loans referred to as the unallocated portion of the allowance. We recognize the inherent imprecision in estimates of losses due to various uncertainties and the variability related to the factors used in calculation of the allowance. The allowance for loan losses included an unallocated portion of approximately $528,000, $154,000, and $359,000 at June 30, 2021, December 31, 2020, and June 30, 2020, respectively. Loans were evaluated for impairment as follows for the periods indicated (in thousands): Recorded Investment in Loans Allowance Loans Ending Ending Balance Individually Collectively Balance Individually Collectively Six Months June 30, 2021 Construction and land development Residential $ 66 $ — $ 66 $ 7,802 $ — $ 7,802 Commercial 203 — 203 36,271 — 36,271 269 — 269 44,073 — 44,073 Commercial real estate Owner occupied 802 — 802 100,405 5,167 95,238 Non-owner occupied 1,059 — 1,059 127,363 1,873 125,490 Multifamily 35 — 35 11,743 — 11,743 Farmland 2 — 2 1,076 — 1,076 1,898 — 1,898 240,587 7,040 233,547 Consumer real estate Home equity lines 11 — 11 17,199 300 16,899 Secured by 1-4 family residential First deed of trust 113 8 105 56,728 2,017 54,711 Second deed of trust 72 — 72 12,606 625 11,981 196 8 188 86,533 2,942 83,591 Commercial and industrial loans (except those secured by real estate) 422 — 422 148,656 201 148,455 Student loans 80 " id="sjs-B4" xml:space="preserve">Note 5 – Loans and allowance for loan losses Loans classified by type as of June 30, 2021 and December 31, 2020 are as follows (dollars in thousands): June 30, 2021 December 31, 2020 Amount % Amount % Construction and land development Residential $ 7,802 1.41 % $ 8,103 1.44 % Commercial 36,271 6.57 % 21,466 3.82 % 44,073 7.98 % 29,569 5.26 % Commercial real estate Owner occupied 100,405 18.20 % 99,784 17.79 % Non-owner occupied 127,363 23.09 % 121,184 21.60 % Multifamily 11,743 2.13 % 9,889 1.75 % Farmland 1,076 0.20 % 367 0.07 % 240,587 43.62 % 231,224 41.21 % Consumer real estate Home equity lines 17,199 3.12 % 18,394 3.28 % Secured by 1-4 family residential, First deed of trust 56,728 10.28 % 57,089 10.18 % Second deed of trust 12,606 2.29 % 11,097 1.98 % 86,533 15.69 % 86,580 15.44 % Commercial and industrial loans (except those secured by real estate) 148,656 26.95 % 181,088 32.28 % Guaranteed student loans 28,601 5.18 % 29,657 5.29 % Consumer and other 3,214 0.58 % 2,885 0.52 % Total loans 551,664 100.0 % 561,003 100.0 % Deferred fees and costs, net (2,578) (2,048) Less: allowance for loan losses (3,429) (3,970) $ 545,657 $ 554,985 The Bank has a purchased portfolio of rehabilitated student loans guaranteed by the Department of Education (“DOE”). The guarantee covers approximately 98% of principal and accrued interest. The loans are serviced by a third-party servicer that specializes in handling the special needs of the DOE student loan programs. Small Business Administration ("SBA") Paycheck Protection Program ("PPP") loans, included in commercial and industrial loans in the above table, were $97,617,000 and $136,674,000 as of June 30, 2021 and December 31, 2020, respectively. Below is a breakdown by loan size as of the dates indicated (dollars in thousands): June 30, 2021 Round 1 Round 2 Total Loan Size # of Loans $ of Loans # of Loans $ of Loans # of Loans $ of Loans < $350,000 228 $ 17,535 706 $ 44,744 934 $ 62,279 $350,000 - $2 million 12 7,174 41 28,164 53 35,338 > $2 million — — — — — — Total 240 $ 24,709 747 $ 72,908 987 $ 97,617 December 31, 2020 Round 1 Loan Size # of Loans $ of Loans < $350,000 1,172 $ 72,526 $350,000 - $2 million 57 41,046 > $2 million 6 23,102 Total 1,235 $ 136,674 Loans pledged as collateral with the FHLB as part of their lending arrangement with the Company totaled $45,398,000 and $65,587,000 as of June 30, 2021 and December 31, 2020, respectively. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on nonaccrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on nonaccrual status regardless of whether or not such loans are considered past due as long as the remaining recorded investment in the loan is deemed fully collectible. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received in excess of principal due. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. The following table provides information on nonaccrual loans segregated by type at the dates indicated (in thousands): June 30, December 31, 2021 2020 Commercial real estate Non-owner occupied $ 297 $ 303 297 303 Consumer real estate Home equity lines 300 300 Secured by 1-4 family residential First deed of trust 623 630 Second deed of trust 302 317 1,225 1,247 Commercial and industrial loans (except those secured by real estate) 24 27 Total loans $ 1,546 $ 1,577 The Company assigns risk rating classifications to its loans. These risk ratings are divided into the following groups: ● Risk rated 1 to 4 loans are considered of sufficient quality to preclude an adverse rating. These assets generally are well protected by the current net worth and paying capacity of the obligor or by the value of the asset or underlying collateral; ● Risk rated 5 loans are defined as having potential weaknesses that deserve management’s close attention; ● Risk rated 6 loans are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any; and ● Risk rated 7 loans have all the weaknesses inherent in substandard loans, with the added characteristics that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. The following tables provide information on the risk rating of loans at the dates indicated (in thousands): Risk Rated Risk Rated Risk Rated Risk Rated Total 1-4 5 6 7 Loans June 30, 2021 Construction and land development Residential $ 7,802 $ — $ — $ — $ 7,802 Commercial 33,545 2,726 — — 36,271 41,347 2,726 — — 44,073 Commercial real estate Owner occupied 89,793 6,996 3,616 — 100,405 Non-owner occupied 122,454 4,232 677 — 127,363 Multifamily 11,743 - — — 11,743 Farmland 1,076 - — — 1,076 225,066 11,228 4,293 — 240,587 Consumer real estate Home equity lines 16,274 625 300 — 17,199 Secured by 1-4 family residential First deed of trust 53,569 2,260 899 — 56,728 Second deed of trust 11,839 434 333 — 12,606 81,682 3,319 1,532 — 86,533 Commercial and industrial loans (except those secured by real estate) 146,336 2,019 301 — 148,656 Guaranteed student loans 28,601 — — — 28,601 Consumer and other 3,177 37 — — 3,214 Total loans $ 526,209 $ 19,329 $ 6,126 $ — $ 551,664 Risk Rated Risk Rated Risk Rated Risk Rated Total 1-4 5 6 7 Loans December 31, 2020 Construction and land development Residential $ 8,103 $ — $ — $ — $ 8,103 Commercial 21,370 96 — — 21,466 29,473 96 — — 29,569 Commercial real estate Owner occupied 88,066 9,405 2,313 — 99,784 Non-owner occupied 116,161 4,244 779 — 121,184 Multifamily 9,889 — — — 9,889 Farmland 367 — — — 367 214,483 13,649 3,092 — 231,224 Consumer real estate Home equity lines 17,298 796 300 — 18,394 Secured by 1-4 family residential First deed of trust 53,731 2,212 1,146 — 57,089 Second deed of trust 9,425 1,236 436 — 11,097 80,454 4,244 1,882 — 86,580 Commercial and industrial loans (except those secured by real estate) 178,217 2,602 269 — 181,088 Guaranteed student loans 29,657 — — — 29,657 Consumer and other 2,844 41 — — 2,885 Total loans $ 535,128 $ 20,632 $ 5,243 $ — $ 561,003 The following table presents the aging of the recorded investment in past due loans and leases as of the dates indicated (in thousands): Recorded Greater Investment > 30-59 Days 60-89 Days Than Total Past Total 90 Days and Past Due Past Due 90 Days Due Current Loans Accruing June 30, 2021 Construction and land development Residential $ — $ — $ — $ — $ 7,802 $ 7,802 $ — Commercial — — — — 36,271 36,271 — — — — — 44,073 44,073 — Commercial real estate Owner occupied — — — — 100,405 100,405 — Non-owner occupied — — — — 127,363 127,363 — Multifamily — — — — 11,743 11,743 — Farmland — — — — 1,076 1,076 — — — — — 240,587 240,587 — Consumer real estate Home equity lines — — — — 17,199 17,199 — Secured by 1-4 family residential First deed of trust — — — 56,728 56,728 — Second deed of trust — — — — 12,606 12,606 — — — — — 86,533 86,533 — Commercial and industrial loans (except those secured by real estate) 409 — — 409 148,247 148,656 — Guaranteed student loans 983 515 2,496 3,994 24,607 28,601 2,496 Consumer and other — — — — 3,214 3,214 — Total loans $ 1,392 $ 515 $ 2,496 $ 4,403 $ 547,261 $ 551,664 $ 2,496 Recorded Greater Investment > 30-59 Days 60-89 Days Than Total Past Total 90 Days and Past Due Past Due 90 Days Due Current Loans Accruing December 31, 2020 Construction and land development Residential $ — $ — $ — $ — $ 8,103 $ 8,103 $ — Commercial — — — — 21,466 21,466 — — — — — 29,569 29,569 — Commercial real estate Owner occupied 86 — — 86 99,698 99,784 — Non-owner occupied — — — — 121,184 121,184 — Multifamily — — — — 9,889 9,889 — Farmland — — — — 367 367 — 86 — — 86 231,138 231,224 — Consumer real estate Home equity lines — — — — 18,394 18,394 — Secured by 1-4 family residential First deed of trust 133 — 133 56,956 57,089 — Second deed of trust — 57 — 57 11,040 11,097 — 133 57 — 190 86,390 86,580 — Commercial and industrial loans (except those secured by real estate) 25 — — 25 181,063 181,088 — Guaranteed student loans 1,428 1,009 2,193 4,630 25,027 29,657 2,193 Consumer and other 1 — — 1 2,884 2,885 — Total loans $ 1,673 $ 1,066 $ 2,193 $ 4,932 $ 556,071 $ 561,003 $ 2,193 Loans greater than 90 days past due are student loans that are guaranteed by the DOE which covers approximately 98% of the principal and interest. Accordingly, these loans will not be placed on nonaccrual status and are not considered to be impaired. Loans are considered impaired when, based on current information and events it is probable the Company will be unable to collect all amounts when due in accordance with the original contractual terms of the loan agreement, including scheduled principal and interest payments. Loans evaluated individually for impairment include non-performing loans, such as loans on non-accrual, non-guaranteed loans past due by 90 days or more, restructured loans and other loans selected by management. The evaluations are based upon discounted expected cash flows or collateral valuations. If the evaluation shows that a loan is individually impaired, then a specific reserve is established for the amount of impairment. Impairment is evaluated in total for smaller-balance loans of a similar nature and on an individual loan basis for other loans. If a loan is impaired, a specific valuation allowance is allocated, if necessary, so that the loan is reported net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis. Impaired loans, or portions thereof, are charged off when deemed uncollectible. Impaired loans are set forth in the following table as of the dates indicated (in thousands): June 30, 2021 December 31, 2020 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance With no related allowance recorded Commercial real estate Owner occupied $ 5,167 $ 5,182 $ — $ 2,780 $ 2,795 $ — Non-owner occupied 1,873 1,873 — 1,991 1,991 — 7,040 7,055 — 4,771 4,786 — Consumer real estate Home equity lines 300 300 — 300 300 — Secured by 1-4 family residential First deed of trust 1,867 1,867 — 1,937 1,940 — Second deed of trust 625 918 — 699 992 — 2,792 3,085 — 2,936 3,232 — Commercial and industrial loans (except those secured by real estate) 201 201 — 141 141 — 10,033 10,341 — 7,848 8,159 — With an allowance recorded Commercial real estate Owner occupied — — — 1,125 1,125 9 — — — 1,125 1,125 9 Consumer real estate Secured by 1-4 family residential First deed of trust 150 150 8 74 74 8 150 150 8 74 74 8 Total Commercial real estate Owner occupied 5,167 5,182 — 3,905 3,920 9 Non-owner occupied 1,873 1,873 — 1,991 1,991 — 7,040 7,055 — 5,896 5,911 9 Consumer real estate Home equity lines 300 300 — 300 300 — Secured by 1-4 family residential, First deed of trust 2,017 2,017 8 2,011 2,014 8 Second deed of trust 625 918 — 699 992 — 2,942 3,235 8 3,010 3,306 8 Commercial and industrial loans (except those secured by real estate) 201 201 — 141 141 — $ 10,183 $ 10,491 $ 8 $ 9,047 $ 9,358 $ 17 The following is a summary of average recorded investment in impaired loans with and without a valuation allowance and interest income recognized on those loans for the periods indicated (in thousands): For the Three Months For the Six Months Ended June 30, 2021 Ended June 30, 2021 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related allowance recorded Construction and land development Commercial $ — $ — $ 72 $ — — — 72 — Commercial real estate Owner occupied 5,211 38 4,073 96 Non-owner occupied 1,884 29 1,862 59 7,095 67 5,935 155 Consumer real estate Home equity lines 300 5 300 13 Secured by 1-4 family residential First deed of trust 1,989 22 2,001 45 Second deed of trust 977 8 695 19 3,266 35 2,996 77 Commercial and industrial loans (except those secured by real estate) 202 1 173 1 10,563 103 9,176 233 With an allowance recorded Construction and land development Commercial — — 26 — Commercial real estate Owner occupied — — 562 15 — — 562 15 Consumer real estate Secured by 1-4 family residential First deed of trust 151 1 113 2 151 1 113 2 Commercial and industrial loans (except those secured by real estate) — — 42 6 151 1 743 23 Total Construction and land development Commercial — — 98 — — — 98 — Commercial real estate Owner occupied 5,211 38 4,635 111 Non-owner occupied 1,884 29 1,862 59 7,095 67 6,497 170 Consumer real estate Home equity lines 300 5 300 13 Secured by 1-4 family residential, First deed of trust 2,140 23 2,114 47 Second deed of trust 977 8 695 19 3,417 36 3,109 79 Commercial and industrial loans (except those secured by real estate) 202 1 215 7 $ 10,714 $ 104 $ 9,919 $ 256 Included in impaired loans are loans classified as TDRs. A modification of a loan’s terms constitutes a TDR if the creditor grants a concession to the borrower for economic or legal reasons related to the borrower’s financial difficulties that it would not otherwise consider. For loans classified as impaired TDRs, the Company further evaluates the loans as performing or nonaccrual. To restore a nonaccrual loan that has been formally restructured in a TDR to accrual status, we perform a current, well documented credit analysis supporting a return to accrual status based on the borrower’s financial condition and prospects for repayment under the revised terms. Otherwise, the TDR must remain in nonaccrual status. The analysis considers the borrower’s sustained historical repayment performance for a reasonable period to the return-to-accrual date, but may take into account payments made for a reasonable period prior to the restructuring if the payments are consistent with the modified terms. A sustained period of repayment performance generally would be a minimum of six months and would involve payments in the form of cash or cash equivalents. An accruing loan that is modified in a TDR can remain in accrual status if, based on a current well-documented credit analysis, collection of principal and interest in accordance with the modified terms is reasonably assured, and the borrower has demonstrated sustained historical repayment performance for a reasonable period before modification. The following is a summary of performing and nonaccrual TDRs and the related specific valuation allowance by portfolio segment for the periods indicated (dollars in thousands). Specific Valuation Total Performing Nonaccrual Allowance June 30, 2021 Commercial real estate Owner occupied $ 3,328 $ 3,328 $ — $ — Non-owner occupied 1,874 1,576 298 — 5,202 4,904 298 — Consumer real estate Secured by 1-4 family residential First deeds of trust 1,691 1,148 543 8 Second deeds of trust 523 463 60 — 2,214 1,611 603 8 Commercial and industrial loans (except those secured by real estate) 24 — 24 — $ 7,440 $ 6,515 $ 925 $ 8 Number of loans 33 26 7 2 Specific Valuation Total Performing Nonaccrual Allowance December 31, 2020 Commercial real estate Owner occupied $ 3,396 $ 3,396 $ — $ 9 Non-owner occupied 1,991 1,688 303 — 5,387 5,084 303 9 Consumer real estate Secured by 1-4 family residential First deeds of trust 1,460 910 550 8 Second deeds of trust 617 556 61 — 2,077 1,466 611 8 Commercial and industrial loans (except those secured by real estate) 27 — 27 — $ 7,491 $ 6,550 $ 941 $ 17 Number of loans 34 27 7 2 The following table provides information about TDRs identified during the indicated periods (dollars in thousands). Three Months ended Three Months Ended June 30, 2021 June 30, 2020 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Number of Recorded Recorded Loans Balance Balance Loans Balance Balance Commercial real estate Owner occupied — $ — $ — 1 $ 311 $ 311 — — — 1 311 311 Six Months Ended Six Months Ended June 30, 2021 June 30, 2020 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Number of Recorded Recorded Loans Balance Balance Loans Balance Balance Commercial real estate Owner occupied — $ — $ — 1 $ 311 $ 311 Consumer real estate Secured by 1-4 family residential, First deed of trust 1 $ 267 $ 267 — $ — $ — 1 $ 267 $ 267 1 $ 311 $ 311 There were no defaults on TDR’s that were modified as TDRs during the prior 12 month period ended June 30, 2021 and 2020. The CARES Act, as amended by the Consolidated Appropriations Act 2021 (“CAA”), permits financial institutions to suspend requirements under GAAP for loan modifications to borrowers affected by COVID-19 that would otherwise be characterized as TDRs and suspend any determination related thereto if (i) the loan modification is made between March 1, 2020 and the earlier of January 1, 2022 or 60 days after the end of the COVID-19 emergency declaration and (ii) the applicable loan was not more than 30 days past due as of December 31, 2019. In addition, federal bank regulatory authorities have issued guidance to encourage financial institutions to make prudent loan modifications for borrowers affected by COVID-19 and have assured financial institutions that they will neither receive supervisory criticism for such prudent loan modifications, nor be required by examiners to automatically categorize COVID-19-related loan modifications as TDRs. As of June 30, 2021 and December 31, 2020, the Company had approximately $5.9 million and $38.0 million in loans still under their modified terms, respectively. The Company’s modification program primarily included payment deferrals and interest only modifications. Activity in the allowance for loan losses is as follows for the periods indicated (in thousands): Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Three Months Ended June 30, 2021 Construction and land development Residential $ 100 $ (34) $ — $ — $ 66 Commercial 168 35 — — 203 268 1 — — 269 Commercial real estate Owner occupied 899 (97) — — 802 Non-owner occupied 1,286 (241) — 14 1,059 Multifamily 38 (3) — — 35 Farmland 1 1 — — 2 2,224 (340) — 14 1,898 Consumer real estate Home equity lines 15 (14) — 10 11 Secured by 1-4 family residential First deed of trust 146 (41) — 8 113 Second deed of trust 67 86 (84) 3 72 228 31 (84) 21 196 Commercial and industrial loans (except those secured by real estate) 410 3 — 9 422 Student loans 76 9 (5) — 80 Consumer and other 38 16 (18) — 36 Unallocated 748 (220) — — 528 $ 3,992 $ (500) $ (107) $ 44 $ 3,429 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Three Months Ended June 30, 2020 Construction and land development Residential $ 219 $ (8) $ — $ 2 $ 213 Commercial 270 25 — — 295 489 17 — 2 508 Commercial real estate Owner occupied 859 45 — — 904 Non-owner occupied 1,058 144 — — 1,202 Multifamily 68 (21) — — 47 Farmland 1 (1) — — — 1,986 167 — — 2,153 Consumer real estate Home equity lines 40 — — — 40 Secured by 1-4 family residential First deed of trust 157 8 — 1 166 Second deed of trust 76 (4) — 3 75 273 4 — 4 281 Commercial and industrial loans (except those secured by real estate) 409 (110) — 18 317 Student loans 104 3 (6) — 101 Consumer and other 41 2 (3) — 40 Unallocated 142 217 — — 359 $ 3,444 $ 300 $ (9) $ 24 $ 3,759 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Six Months Ended June 30, 2021 Construction and land development Residential $ 214 $ (148) $ — $ — $ 66 Commercial 285 (82) — — 203 499 (230) — — 269 Commercial real estate Owner occupied 1,047 (245) — — 802 Non-owner occupied 1,421 (376) — 14 1,059 Multifamily 47 (12) — — 35 Farmland 2 — — — 2 2,517 (633) — 14 1,898 Consumer real estate Home equity lines 24 (23) — 10 11 Secured by 1-4 family residential First deed of trust 166 (62) — 9 113 Second deed of trust 79 60 (84) 17 72 269 (25) (84) 36 196 Commercial and industrial loans (except those secured by real estate) 408 (10) — 24 422 Student loans 87 6 (13) — 80 Consumer and other 36 18 (18) — 36 Unallocated 154 374 — — 528 $ 3,970 $ (500) $ (115) $ 74 $ 3,429 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Six Months Ended June 30, 2020 Construction and land development Residential $ 48 $ 162 $ — $ 3 $ 213 Commercial 137 158 — — 295 185 320 — 3 508 Commercial real estate Owner occupied 671 233 — — 904 Non-owner occupied 831 371 — — 1,202 Multifamily 85 (38) — — 47 Farmland 2 (2) — — — 1,589 564 — — 2,153 Consumer real estate Home equity lines 271 (231) — — 40 Secured by 1-4 family residential First deed of trust 343 (181) — 4 166 Second deed of trust 64 4 — 7 75 678 (408) — 11 281 Commercial and industrial loans (except those secured by real estate) 572 (141) (135) 21 317 Student loans 108 19 (26) — 101 Consumer and other 30 11 (4) 3 40 Unallocated 24 335 — — 359 $ 3,186 $ 700 $ (165) $ 38 $ 3,759 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Year Ended December 31, 2020 Construction and land development Residential $ 48 $ 141 $ — $ 25 $ 214 Commercial 137 148 — — 285 185 289 — 25 499 Commercial real estate Owner occupied 671 376 — — 1,047 Non-owner occupied 831 590 — — 1,421 Multifamily 85 (38) — — 47 Farmland 2 — — — 2 1,589 928 — — 2,517 Consumer real estate Home equity lines 271 (247) — — 24 Secured by 1-4 family residential First deed of trust 343 (190) — 13 166 Second deed of trust 64 45 (85) 55 79 678 (392) (85) 68 269 Commercial and industrial loans (except those secured by real estate) 572 (58) (135) 29 408 Student loans 108 27 (48) — 87 Consumer and other 30 26 (24) 4 36 Unallocated 24 130 — — 154 $ 3,186 $ 950 $ (292) $ 126 $ 3,970 The amount of the loan loss provision (recovery) is determined by an evaluation of the level of loans outstanding, the level of nonperforming loans, historical loan loss experience, delinquency trends, underlying collateral values, the amount of actual losses charged to the reserve in a given period and assessment of present and anticipated economic conditions. Loans originated under PPP are not considered in the evaluation of the allowance for loan losses because these loans carry a 100% guarantee from the SBA; however, if the collectability on the guarantee on a loan is at risk that loan will be included in the evaluation of the allowance for loan losses. The level of the allowance reflects changes in the size of the portfolio or in any of its components as well as management’s continuing evaluation of industry concentrations, specific credit risk, loan loss experience, current loan portfolio quality, and present economic, political and regulatory conditions. Portions of the allowance may be allocated for specific credits; however, the entire allowance is available for any credit that, in management’s judgement, should be charged off. While management utilizes its best judgement and information available, the ultimate adequacy of the allowance is dependent upon a variety of factors beyond the Company’s control, including the performance of the Company’s loan portfolio, the economy, changes in interest rates and the view of the regulatory authorities toward loan classifications. The Company recorded a recovery of provision expense of $500,000 for the six month period ended June 30, 2021 compared to a provision expense of $700,000 for the six month period ended June 30, 2020. The recovery of provision for the six month period ended June 30, 2021 resulted from a reduction in qualitative factors which was driven by improving economic factors, improved credit metrics, and reductions in loan deferrals. The provision expense for the six month period ended June 30, 2020 was the result of an increase in the qualitative factors driven by economic uncertainty surrounding the COVID-19 pandemic. While the Delta variant of the COVID-19 virus remains a risk to credit quality, we believe our current level of allowance for loan losses is sufficient. The allowance for loan losses at each of the periods presented includes an amount that could not be identified to individual types of loans referred to as the unallocated portion of the allowance. We recognize the inherent imprecision in estimates of losses due to various uncertainties and the variability related to the factors used in calculation of the allowance. The allowance for loan losses included an unallocated portion of approximately $528,000, $154,000, and $359,000 at June 30, 2021, December 31, 2020, and June 30, 2020, respectively. Loans were evaluated for impairment as follows for the periods indicated (in thousands): Recorded Investment in Loans Allowance Loans Ending Ending Balance Individually Collectively Balance Individually Collectively Six Months June 30, 2021 Construction and land development Residential $ 66 $ — $ 66 $ 7,802 $ — $ 7,802 Commercial 203 — 203 36,271 — 36,271 269 — 269 44,073 — 44,073 Commercial real estate Owner occupied 802 — 802 100,405 5,167 95,238 Non-owner occupied 1,059 — 1,059 127,363 1,873 125,490 Multifamily 35 — 35 11,743 — 11,743 Farmland 2 — 2 1,076 — 1,076 1,898 — 1,898 240,587 7,040 233,547 Consumer real estate Home equity lines 11 — 11 17,199 300 16,899 Secured by 1-4 family residential First deed of trust 113 8 105 56,728 2,017 54,711 Second deed of trust 72 — 72 12,606 625 11,981 196 8 188 86,533 2,942 83,591 Commercial and industrial loans (except those secured by real estate) 422 — 422 148,656 201 148,455 Student loans 80

Deposits

Deposits	6 Months Ended
Deposits	Jun. 30, 2021
Deposits
Deposits	Note 6 – Deposits Deposits as of June 30, 2021 and December 31, 2020 were as follows (dollars in thousands): June 30, 2021 December 31, 2020 Amount % Amount % Demand accounts $ 252,756 39.6 % $ 222,305 37.8 % Interest checking accounts 77,828 12.2 % 70,342 11.9 % Money market accounts 178,602 28.0 % 152,726 26.0 % Savings accounts 44,351 7.0 % 38,083 6.5 % Time deposits of $250,000 and over 13,473 2.1 % 16,014 2.7 % Other time deposits 71,073 11.1 % 88,912 15.1 % Total $ 638,083 100.0 % $ 588,382 100.0 %

Borrowings

Borrowings	6 Months Ended
Borrowings	Jun. 30, 2021
Borrowings
Borrowings	Note 7 – Borrowings The Company uses both short-term and long-term borrowings to supplement deposits when they are available at a lower overall cost to the Company or they can be invested at a positive rate of return. As a member of the Federal Home Loan Bank of Atlanta, the Bank is required to own capital stock in the FHLB and is authorized to apply for advances from the FHLB. The Company held $353,000 in FHLB stock at June 30, 2021 and $484,000 at December 31, 2020, which is held at cost. Each FHLB credit program has its own interest rate, which may be fixed or variable, and range of maturities. The FHLB may prescribe the acceptable uses to which the advances may be put, as well as on the size of the advances and repayment provisions. The FHLB borrowings are secured by the pledge of commercial, 1-4 family residential loans. The Company had no outstanding FHLB advances at June 30, 2021 or December 31, 2020. Through the Federal Reserve Bank of Richmond, the Company can borrow funds through the Paycheck Protection Program Liquidity Fund (“PPPLF”), which are secured by the Company’s PPP loans. The Company did not have outstanding advances under the PPPLF at June 30, 2021 and $41.5 million in outstanding advances under the PPPLF at December 31, 2020. The Company’s available borrowing capacity under the PPPLF was $97.6 million and $95.2 million as of June 30, 2021 and December 31, 2020, respectively. The Company uses federal funds purchased and repurchase agreements for short-term borrowing needs. Securities sold under agreements to repurchase are classified as borrowings and generally mature within one to four days from the transaction date. Securities sold under agreements to repurchase are reflected at the amount of cash received in connection with the transaction. The Company may be required to provide additional collateral based on the fair value of the underlying securities. There were no borrowings against the lines at June 30, 2021 or December 31, 2020. The Company’s unused lines of credit for future borrowings total approximately $76.2 million at June 30, 2021, which consists of $33.4 million available from the FHLB, $10 million on revolving bank line of credit, $7.8 million under secured federal funds agreements with third party financial institutions, and $25 million in repurchase lines of credit with third party financial institutions. Additional loans and securities are available that can be pledged as collateral for future borrowings from the Federal Reserve Bank of Richmond or the FHLB above the current lendable collateral value.

Trust preferred securities

Trust preferred securities	6 Months Ended
Trust preferred securities	Jun. 30, 2021
Trust preferred securities
Trust preferred securities	Note 8 – Trust preferred securities During the first quarter of 2005, Southern Community Financial Capital Trust I, a wholly-owned unconsolidated subsidiary of the Company, was formed for the purpose of issuing redeemable securities. On February 24, 2005, $5.2 million of Trust Preferred Capital Notes were issued through a pooled underwriting. The securities have a floating rate of interest indexed to the London InterBank Offered Rate (“LIBOR”) (three-month LIBOR plus 2.15)% which adjusts, and is payable, quarterly. The interest rate at June 30, 2021 was 2.28%. The securities were redeemable at par beginning on March 15, 2010 and each quarter after such date until the securities mature on March 15, 2035. No amounts have been redeemed at June 30, 2021 and there are no plans to do so. The principal asset of the Trust is $5.2 million of the Company’s junior subordinated debt securities with like maturities and like interest rates to the Trust Preferred Capital Notes. During the third quarter of 2007, Village Financial Statutory Trust II, a wholly-owned unconsolidated subsidiary of the Company, was formed for the purpose of issuing redeemable securities. On September 20, 2007, $3.6 million of Trust Preferred Capital Notes were issued through a pooled underwriting. The securities have LIBOR-indexed floating rate of interest (three-month LIBOR plus 1.4)% which adjusts, and is also payable, quarterly. The interest rate at June 30, 2021 was 1.53%. The securities may be redeemed at par at any time commencing in December 2012 until the securities mature in 2037 The Trust Preferred Capital Notes may be included in Tier 1 capital for regulatory capital adequacy determination purposes up to 25% of Tier 1 capital after its inclusion. The portion of the Trust Preferred Capital Notes not considered as Tier 1 capital may be included in Tier 2 capital. The obligations of the Company with respect to the issuance of the Trust Preferred Capital Notes constitute a full and unconditional guarantee by the Company of the Trust’s obligations with respect to the Trust Preferred Capital Notes. Subject to certain exceptions and limitations, the Company may elect from time to time to defer interest payments on the junior subordinated debt securities, which would result in a deferral of distribution payments on the related Trust Preferred Capital Notes and require a deferral of common dividends. The Company is current on these interest payments.

Subordinated Debt

Subordinated Debt	6 Months Ended
Subordinated Debt	Jun. 30, 2021
Subordinated Debt
Subordinated Debt	Note 9 – Subordinated Debt On March 21, 2018, the Company issued $5,700,000 of fixed-to-floating rate subordinated notes due March 31, 2028 in a private placement. The Company received $5,539,000 in net proceeds after deducting issuance costs. The subordinated notes accrue interest at a fixed rate of 6.50% for the first five years until March 31, 2023; thereafter, the subordinated notes will accrue interest at an annual floating rate equal to three-month LIBOR plus a spread of 3.73% until maturity or early redemption. The Company may redeem the subordinated notes in whole or in part, on or after March 31, 2023. The subordinated notes are unsecured and subordinated in right of payment to all of the Company’s existing and future senior indebtedness, whether secured or unsecured, including claims of depositors and general creditors, and rank equally in right of payment with any unsecured, subordinated indebtedness that the Company may incur in the future. The carrying value of the notes totaled $5,644,000 and $5,628,000 at June 30, 2021 and December 31, 2020, respectively.

Stock incentive plan

Stock incentive plan	6 Months Ended
Stock incentive plan	Jun. 30, 2021
Stock incentive plan
Stock incentive plan	Note 10 – Stock incentive plan In accordance with accounting standards, the Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost is recognized over the period during which an employee is required to provide service in exchange for the award rather than disclosed in the financial statements. The following table summarizes options outstanding under the Company's stock incentive plans at the indicated dates: Six Months Ended June 30, 2021 2020 Weighted Weighted Average Average Exercise Fair Value Intrinsic Exercise Fair Value Intrinsic Options Price Per Share Value Options Price Per Share Value Options outstanding, beginning of period 734 $ 25.63 $ 9.76 734 $ 25.63 $ 9.76 Granted — — — — — — Forfeited — — — — — — Exercised — — — — — — Options outstanding, end of period 734 $ 25.63 $ 9.76 $ — 734 $ 25.63 $ 9.76 $ — Options exercisable, end of period 734 734 During 2020, we granted certain officers time-based restricted shares of common stock and performance-based restricted stock units. The time-based restricted shares vest ratably over a three year period provided the officer is employed with the Company on the applicable vesting date. The performance-based units, which have a two-year performance period that began on January 2, 2021, vest based on the Company’s achievement of performance targets related to return on tangible common equity and the adversely classified items ratio over the performance period with possible payouts ranging from 0%to 150% of the target awards. The total number of shares underlying non-vested restricted stock was 24,662 and 13,060 at June 30, 2021 and 2020, respectively. The fair value of the stock is based on the grant date of the award and the expense is recognized over the vesting period. Unamortized stock-based compensation related to non-vested share-based compensation arrangements granted under the stock incentive plan as of June 30, 2021 and 2020 was $489,800 and $271,600, respectively. The time-based unrecognized compensation of $350,000 is expected to be recognized over a weighted average period of 1.82 years A summary of changes in the Company’s non-vested restricted stock and restricted stock unit awards for the six months ended June 30, 2021 follows: Weighted- Average Aggregate Grant-Date Intrinsic Shares Fair-Value Value December 31, 2020 25,247 $ 30.88 $ 1,311,329 Granted — — — Vested (754) 36.86 (39,163) Forfeited — — — Other 169 33.82 8,778 June 30, 2021 24,662 $ 30.71 $ 1,280,944 Stock-based compensation expense was approximately $183,000 and $129,000 for the six months ended June 30, 2021 and 2020, respectively.

Fair value

Fair value	6 Months Ended
Fair value	Jun. 30, 2021
Fair value
Fair value	Note 11 – Fair value The Company determines the fair value of its financial instruments based on the requirements established in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification ("ASC") 820: Fair Value Measurements, ASC 820 establishes a hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair values hierarchy is as follows: Level 1 Inputs Level 2 Inputs Level 3 Inputs The Company used the following methods to determine the fair value of each type of financial instrument: Securities Impaired loans Loans held for sale: Derivative asset – interest rate lock commitments (“IRLCs”): Derivative asset/liability – forward sale commitments: Other Real Estate Owned ("OREO"): Assets held for sale Assets and liabilities measured at fair value under Topic 820 on a recurring and non-recurring basis are summarized below for the indicated dates (dollars in thousands): Fair Value Measurement at June 30, 2021 Using Quoted Prices in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) Financial Assets - Recurring US Government Agencies $ 3,776 $ — $ 3,776 $ — Mortgage-backed securities 35,459 — 35,459 — Municipals 1,225 1,225 Subordinated debt 8,292 — 8,042 250 Loans held for sale 16,374 — 16,374 — IRLC 989 — 989 — Financial Liabilities - Recurring Forward sales commitment 1,501 — 1,501 — Fair Value Measurement at December 31, 2020 Using Quoted Prices in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) Financial Assets – Recurring US Government Agencies $ 8,142 $ — $ 8,142 $ — Mortgage-backed securities 24,006 — 24,006 — Subordinated debt 8,696 — 8,446 250 Loans held for sale 34,421 — 34,421 — IRLC 1,552 — 1,552 — Financial Liabilities - Recurring Forward sales commitment 3,105 — 3,105 — Financial Assets - Non-Recurring Other real estate owned 336 — — 336 The following table presents qualitative information about Level 3 fair value measurements for financial instruments measured on a non-recurring basis at fair value at December 31, 2020, there were no outstanding level 3 instruments at June 30, 2021 (dollars in thousands): December 31, 2020 Range Fair Value Valuation Unobservable (Weighted Estimate Techniques Input Average) Other real estate owned $ 336 Appraisal (1) or Internal Valuation (2) Selling costs 6%‑ 10% ( (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not identifiable. (2) Internal valuations may be conducted to determine Fair Value for assets with nominal carrying balances. ASC 825, Financial Instruments, requires disclosure about fair value of financial instruments, including those financial assets and financial liabilities that are not required to be measured and reported at fair value on a recurring or nonrecurring basis. ASC 825 excludes certain financial instruments and all nonfinancial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. In accordance with Accounting Standards Update ("ASU") 2016-01, the Company uses the exit price notion, rather than the entry price notion, in calculating the fair values of financial instruments not measured at fair value on a recurring basis. The following tables reflect the carrying amounts and estimated fair values of the Company’s financial instruments whether or not recognized on the Consolidated Balance Sheets at fair value. June 30, December 31, 2021 2020 Level in Fair Value Carrying Estimated Carrying Estimated Hierarchy Value Fair Value Value Fair Value (In thousands) Financial assets Cash Level 1 $ 19,775 $ 19,775 $ 12,709 $ 12,709 Cash equivalents Level 2 51,884 51,884 30,742 30,742 Investment securities available for sale Level 1 — — 1,193 1,193 Investment securities available for sale Level 2 48,502 48,502 39,401 39,401 Investment securities available for sale Level 3 250 250 250 250 Federal Home Loan Bank stock Level 2 353 353 484 484 Loans held for sale Level 2 16,374 16,374 34,421 34,421 Loans Level 3 551,664 553,662 561,003 562,362 Other real estate owned Level 3 — — 336 336 Bank owned life insurance Level 3 12,338 12,338 7,806 7,806 Accrued interest receivable Level 2 4,350 4,350 4,943 4,943 Interest rate lock commitments Level 2 981 981 1,552 1,552 Financial liabilities Deposits Level 2 638,083 639,543 588,382 589,017 Trust preferred securities Level 2 8,764 9,733 8,764 9,697 Other borrowings Level 2 5,644 5,644 47,157 47,157 Accrued interest payable Level 2 85 85 194 194 Forward sales commitment Level 2 1,501 1,501 3,105 3,105

Segment Reporting

Segment Reporting	6 Months Ended
Segment Reporting	Jun. 30, 2021
Segment Reporting
Segment Reporting	Note 12 – Segment Reporting The Company has two reportable segments: traditional commercial banking and mortgage banking. Revenues from commercial banking operations consist primarily of interest earned on loans and securities and fees from deposit services. Mortgage banking operating revenues consist principally of interest earned on mortgage loans held for sale, gains on sales of loans in the secondary mortgage market, and loan origination fee income. The Commercial Banking Segment provides the Mortgage Banking Segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the Mortgage Banking Segment interest based on the Commercial Banking Segment’s cost of funds. Additionally, the Mortgage Banking Segment leases premises from the Commercial Banking Segment. These transactions are eliminated in the consolidation process. The following table presents segment information as of and for the three and six months ended June 30, 2021 and 2020 (in thousands): Commercial Mortgage Consolidated Banking Banking Eliminations Totals Three Months Ended June 30, 2021 Revenues Interest income $ 6,870 $ 102 $ — $ 6,972 Gain on sale of loans — 2,729 — 2,729 Other revenues 733 238 (45) 926 Total revenues 7,603 3,069 (45) 10,627 Expenses Recovery of provision for loan losses (500) — — (500) Interest expense 580 — — 580 Salaries and benefits 2,496 1,016 — 3,512 Commissions — 890 — 890 Other expenses 1,791 202 (45) 1,948 Total operating expenses 4,367 2,108 (45) 6,430 Income before income taxes 3,236 961 — 4,197 Income tax expense 701 202 — 903 Net income $ 2,535 $ 759 $ — $ 3,294 Total assets $ 717,993 $ 19,366 $ (19,427) $ 717,932 Commercial Mortgage Consolidated Banking Banking Eliminations Totals Three Months Ended June 30, 2020 Revenues Interest income $ 6,087 $ 136 $ (30) $ 6,193 Gain on sale of loans — 2,804 — 2,804 Other revenues 571 277 (60) 788 Total revenues 6,658 3,217 (90) 9,785 Expenses Provision for loan losses 300 — — 300 Interest expense 1,249 30 (30) 1,249 Salaries and benefits 1,628 984 — 2,612 Commissions — 777 — 777 Other expenses 1,605 302 (60) 1,847 Total operating expenses 4,782 2,093 (90) 6,785 Income before income taxes Income tax expense 1,876 1,124 — 3,000 Net income 429 236 — 665 $ 1,447 $ 888 $ — $ 2,335 Total assets $ 723,802 $ 12,716 $ (13,872) $ 722,646 Commercial Mortgage Consolidated Banking Banking Eliminations Totals Six Months Ended June 30, 2021 Revenues Interest income $ 13,789 $ 237 $ (23) $ 14,003 Gain on sale of loans — 6,904 — 6,904 Other revenues 1,456 466 (135) 1,787 Total revenues 15,245 7,607 (158) 22,694 Expenses Recovery of provision for loan losses (500) — — (500) Interest expense 1,235 23 (23) 1,235 Salaries and benefits 4,641 2,292 — 6,933 Commissions — 1,668 — 1,668 Other expenses 3,635 628 (135) 4,128 Total operating expenses 9,011 4,611 (158) 13,464 Income before income taxes 6,234 2,996 — 9,230 Income tax expense 1,410 629 — 2,039 Net income $ 4,824 $ 2,367 $ — $ 7,191 Total assets $ 717,993 $ 19,366 $ (19,427) $ 717,932 Commercial Mortgage Consolidated Banking Banking Eliminations Totals Six Months Ended June 30, 2020 Revenues Interest income $ 11,677 $ 245 $ (45) $ 11,877 Gain on sale of loans — 4,429 — 4,429 Other revenues 1,304 473 (116) 1,661 Total revenues 12,981 5,147 (161) 17,967 Expenses Provision for loan losses 700 — — 700 Interest expense 2,506 45 (45) 2,506 Salaries and benefits 3,836 1,799 — 5,635 Commissions — 1,215 — 1,215 Other expenses 3,313 576 (116) 3,773 Total operating expenses 10,355 3,635 (161) 13,829 Income before income taxes Income tax expense 2,626 1,512 — 4,138 Net income 588 317 — 905 $ 2,038 $ 1,195 $ — $ 3,233 Total assets $ 723,802 $ 12,716 $ (13,872) $ 722,646

Shareholders' Equity and Regula

Shareholders' Equity and Regulatory Matters	6 Months Ended
Shareholders' Equity and Regulatory Matters	Jun. 30, 2021
Shareholders' Equity and Regulatory Matters
Shareholders' Equity and Regulatory Matters	Note 13 – Shareholders’ Equity and Regulatory Matters Accumulated Other Comprehensive Income The following table presents the cumulative balances of the components of accumulated other comprehensive income , net of deferred taxes of $11,000 and $114,000 as of June 30, 2021 and December 31, 2020, respectively (in thousands): June 30, December 31, 2021 2020 Net unrealized gains on securities $ 73 $ 466 Net unrecognized losses on defined benefit plan (32) (36) Total accumulated other comprehensive income $ 41 $ 430 Regulatory Matters The Company meets the eligibility criteria of a small bank holding company in accordance with the Board of Governors of the Federal Reserve System’s (“Federal Reserve”) Small Bank Holding Company Policy Statement (the “SBHC Policy Statement”). On August 28, 2018, the Federal Reserve issued an interim final rule required by the Economic Growth, Regulatory Relief and Consumer Protection Act of 2018, which was signed into law on May 24, 2018 (the “EGRRCPA”), that expands the applicability of the SBHC Policy Statement to bank holding companies with total consolidated assets of less than $3 billion (up from the prior $1 billion threshold). Under the SBHC Policy Statement, qualifying bank holding companies, such as the Company, have additional flexibility in the amount of debt they can issue and are also exempt from the Basel III capital framework as outlined by the Basel Committee on Banking Supervision and certain provisions of the Dodd-Frank Act (the "Basel III Capital Rules"). The SBHC Policy Statement does not apply to the Bank and the Bank must comply with the Basel III Capital Rules. The Basel III Capital Rules require banks to comply with the following minimum capital ratios: (1) a ratio of common equity Tier 1 capital to risk-weighted assets of at least 4.5%, plus a 2.5% “capital conservation buffer” (effectively resulting in a minimum ratio of common equity Tier 1 to risk-weighted assets of at least 7)%; (2) a ratio of Tier 1 capital to risk-weighted assets of at least 6.0%, plus the 2.5% capital conservation buffer (effectively resulting in a minimum Tier 1 capital ratio of 8.5)%; (3) a ratio of total capital to risk-weighted assets of at least 8.0%, plus the 2.5% capital conservation buffer (effectively resulting in a minimum total capital ratio of 10.5)%; and (4) a leverage ratio of 4%, calculated as the ratio of Tier 1 capital to balance sheet exposures plus certain off-balance sheet exposures (computed as the average for each quarter of the month-end ratios for the quarter). The phase-in of the capital conservation buffer requirement began on January 1, 2016, at 0.625% of risk-weighted assets, increasing by the same amount each year until it was fully implemented at 2.5% on January 1, 2019. The capital conservation buffer is designed to absorb losses during periods of economic stress. Banking organizations with a ratio of common equity Tier 1 capital to risk-weighted assets above the minimum but below the conservation buffer face constraints on dividends, equity repurchases, and compensation based on the amount of the shortfall. As of June 30, 2021, the Bank exceeded the minimum ratios under the Basel III Capital Rules. The Bank must also comply with the capital requirements set forth in the “prompt corrective action” regulations pursuant to Section 38 of the Federal Deposit Insurance Act of 1950. To be well capitalized under these regulations, a bank must have the following minimum capital ratios: (1) a common equity Tier 1 capital ratio of at least 6.5%; (2) a Tier 1 risk-based capital ratio of at least 8.0%; (3) a total risk-based capital ratio of at least 10.0%; and (4) a leverage ratio of at least 5.0%. As of June 30, 2021, the Bank exceeded the minimum ratios to be classified as well capitalized. On September 17, 2019, the federal bank regulators issued a final rule required by the EGRRCPA that permits qualifying banks and bank holding companies that have less than $10 billion of assets, like the Company and the Bank, to elect to be subject to a 9% leverage ratio that would be applied using less complex leverage calculations (commonly referred to as the community bank leverage ratio or “CBLR”). Under the rule, which became effective January 1, 2020, banks and bank holding companies that opt into the CBLR framework and maintain a CBLR of greater than 9% would not be subject to other risk-based and leverage capital requirements under the Basel III Capital Rules and would be deemed to have met the well capitalized ratio requirements under the “prompt corrective action” framework. In April 2020, as required by the CARES Act, which was passed in response to the COVID-19 pandemic, federal bank regulators issued two interim final rules related to the CBLR framework. One interim final rule provides that, as of the second quarter of 2020, banking organizations with leverage ratios of 8% or greater (and that meet the other existing qualifying criteria) may elect to use the CBLR framework. It also establishes a two-quarter grace period for qualifying community banking organizations whose leverage ratios fall below the 8% CBLR requirement, so long as the banking organization maintains a leverage ratio of 7% or greater. The second interim final rule provides a transition from the temporary 8% CBLR requirement to a 9% CBLR requirement. It establishes a minimum CBLR of 8% for the second through fourth quarters of 2020, 8.5% for 2021, and 9% thereafter, and maintains a two-quarter grace period for qualifying community banking organizations whose leverage ratios fall no more than 100 basis points below the applicable CBLR requirement. The Bank elected not to opt into the CBLR framework as of June 30, 2021 and December 31, 2020. The capital amounts and ratios at June 30, 2021 and December 31, 2020 for the Bank are presented in the table below (dollars in thousands): For Capital Actual Adequacy Purposes To be Well Capitalized Amount Ratio Amount Ratio Amount Ratio June 30, 2021 Total capital (to risk- weighted assets) Village Bank $ 72,332 14.57 % $ 39,723 8.00 % $ 49,654 10.00 % Tier 1 capital (to risk- weighted assets) Village Bank 68,903 13.88 % 29,793 6.00 % 39,723 8.00 % Leverage ratio (Tier 1 capital to average assets) Village Bank 68,903 9.72 % 28,342 4.00 % 35,428 5.00 % Common equity tier 1 (to risk- weighted assets) Village Bank 68,903 13.88 % 22,344 4.50 % 32,275 6.50 % December 31, 2020 Total capital (to risk- weighted assets) Village Bank $ 65,723 14.20 % $ 37,015 8.00 % $ 46,269 10.00 % Tier 1 capital (to risk- weighted assets) Village Bank 61,753 13.35 % 27,761 6.00 % 37,015 8.00 % Leverage ratio (Tier 1 capital to average assets) Village Bank 61,753 9.28 % 26,607 4.00 % 33,259 5.00 % Common equity tier 1 (to risk- weighted assets) Village Bank 61,753 13.35 % 20,821 4.50 % 30,075 6.50 %

Commitments and contingencies

Commitments and contingencies	6 Months Ended
Commitments and contingencies	Jun. 30, 2021
Commitments and contingencies
Commitments and contingencies	Note 14 – Commitments and contingencies Off-balance-sheet risk The Company’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit, and to potential credit loss associated with letters of credit issued, is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for loans and other such on-balance sheet instruments. At June 30, 2021 and December 31, 2020, the Company had outstanding the following approximate off-balance-sheet financial instruments whose contract amounts represent credit risk (in thousands): June 30, December 31, 2021 2020 Undisbursed credit lines $ 112,799 $ 107,130 Commitments to extend or originate credit 31,650 38,910 Standby letters of credit 4,962 4,934 Total commitments to extend credit $ 149,411 $ 150,974 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. Historically, many commitments expire without being drawn upon; therefore, the total commitment amounts shown in the above table are not necessarily indicative of future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, as deemed necessary by the Company upon extension of credit is based on management’s credit evaluation of the customer. Collateral held varies but may include personal or income-producing commercial real estate, accounts receivable, inventory and equipment. Standby letters of credit are written conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. Concentrations of credit risk

Mortgage Banking and Derivative

Mortgage Banking and Derivatives	6 Months Ended
Mortgage Banking and Derivatives	Jun. 30, 2021
Mortgage Banking and Derivatives
Mortgage Banking and Derivatives	Note 15 – Mortgage Banking and Derivatives Loans held for sale. Interest Rate Lock Commitments and Forward Sales Commitments. The Company uses fair value accounting for its forward sales commitments related to IRLCs and LHFS under ASC 825-10-15-4(b). The fair value of forward sales commitments is reported in “Other Liabilities” in the Consolidated Balance Sheet at June 30, 2021, and totaled $1.5 million, with a notional amount of $47.5 million and total positions of 205, and was reported in “Other Liabilities” at December 31, 2020, and totaled $3.1 million, with a notional amount of $71.7 million and total positions of 289.

Recent accounting pronouncement

Recent accounting pronouncements	6 Months Ended
Recent accounting pronouncements	Jun. 30, 2021
Recent accounting pronouncements
Recent accounting pronouncements	Note 16 – Recent accounting pronouncements In June 2016, the FASB issued ASU 2016-13, “Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The FASB has issued multiple updates to ASU 2016-13 as codified in Topic 326, including ASUs 2019-04, 2019-05, 2019-10, 2019-11, 2020-02, and 2020-03. These ASUs have provided for various minor technical corrections and improvements to the codification as well as other transition matters. Smaller reporting companies who file with the SEC and all other entities who do not file with the SEC are required to apply the guidance for fiscal years, and interim periods within those years, beginning after December 15, 2022. While the Company is currently evaluating the provisions of ASU 2016-13 to determine the potential impact the new standard will have on the Company’s Consolidated Financial Statements, it has taken steps to prepare for the implementation when it becomes effective, such as forming an internal task force, gathering pertinent data, consulting with outside professionals, and evaluating its current IT systems. The Company is currently assessing the impact that ASU 2016-13 will have on the Company’s consolidated financial statements. Effective November 25, 2019, the SEC adopted Staff Accounting Bulletin ("SAB") 119. SAB 119 updated portions of SEC interpretative guidance to align with FASB ASC 326, "Financial Instruments - Credit Losses." It covers topics including (1) measuring current expected credit losses; (2) development governance, and documentation of systematic methodology; (3) documenting the results of a systematic methodology; and (4) validating a systematic methodology. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740) – Simplifying the Accounting for Income Taxes.” The ASU is expected to reduce cost and complexity related to the accounting for income taxes by removing specific exceptions to general principles in Topic 740 (eliminating the need for an organization to analyze whether certain exceptions apply in a given period) and improving financial statement preparers’ application of certain income tax-related guidance. This ASU is part of the FASB’s simplification initiative to make narrow-scope simplifications and improvements to accounting standards through a series of short-term projects. ASU 2019-12 was effective for the Company on January 1, 2021. The adoption of ASU 2019-12 did not have a material impact on the Company’s consolidated financial statements. In January 2020, the FASB issued ASU 2020-01, “Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) – Clarifying the Interactions between Topic 321, Topic 323, and Topic 815.” The ASU is based on a consensus of the Emerging Issues Task Force and is expected to increase comparability in accounting for these transactions. ASU 2020-01 amends ASU 2016-01, which made targeted improvements to accounting for financial instruments, including providing an entity the ability to measure certain equity securities without a readily determinable fair value at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Among other topics, the amendments in ASU 2020-01 clarify that an entity should consider observable transactions that require it to either apply or discontinue the equity method of accounting. ASU 2020-01 was effective for the Company on January 1, 2021. The adoption of ASU 2020-01 did not have a material impact on the Company’s consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022. Subsequently, in January 20201, the FASB issued ASU 2021-01 “Reference Rate Reform (Topic 848): Scope.” This ASU clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The ASU also amends the expedients and exceptions in Topic 848 to capture the incremental consequences of the scope clarification and to tailor the existing guidance to derivative instruments affected by the discounting transition. An entity may elect to apply ASU 2021-01 on contract modifications that change the interest rate used for margining, discounting, or contract price alignment retrospectively as of any date from the beginning of the interim period that includes March 12, 2020, or prospectively to new modifications from any date within the interim period that includes or is subsequent to January 7, 2021, up to the date that financial statements are available to be issued. An entity may elect to apply ASU 2021-01 to eligible hedging relationships existing as of the beginning of the interim period that includes March 12, 2020, and to new eligible hedging relationships entered into after the beginning of the interim period that includes March 12, 2020. The Company has a team to assess ASU 2020-04 and its impact on the Company’s transition away from LIBOR for its loan and other financial instruments. In August 2020, the FASB issued ASU 2020-06 “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity.” The ASU simplifies accounting for convertible instruments by removing major separation models required under current GAAP. Consequently, more convertible debt instruments will be reported as a single liability instrument and more convertible preferred stock as a single equity instrument with no separate accounting for embedded conversion features. The ASU removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, which will permit more equity contracts to qualify for it. The ASU also simplifies the diluted earnings per share calculation in certain areas. In addition, the amendment updates the disclosure requirements for convertible instruments to increase the information transparency. For public business entities, excluding smaller reporting companies, the amendments in the ASU are effective for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years. For all other entities, including the Company, the standard will be effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted. The Company does not expect the adoption of ASU 2020-06 to have a material impact on its consolidated financial statements. In October 2020, the FASB issued ASU 2020-08, “Codification Improvements to Subtopic 310-20, Receivables – Nonrefundable fees and Other Costs.” This ASU clarifies that an entity should reevaluate whether a callable debt security is within the scope of ASC paragraph 310-20-35-33 for each reporting period. ASU 2020-08 was effective for the Company on January 1, 2021. The adoption of ASU 2020-08 did not have a material impact on the Company’s consolidated financial statements. In December 2020, the CAA was passed. Under Section 541 of the CAA, Congress extended or modified many of the relief programs first created by the CARES Act, including the PPP loan program and treatment of certain loan modifications related to the COVID-19 pandemic. As of June 30, 2021, the Company had approximately $5.9 million in loans still under their CAA modified terms. The Company’s modification program primarily included payment deferrals and interest only modifications. For more financial data and other information about loan deferrals refer to Note 5 “Loans and allowance for loan losses” in the “Notes to Consolidated Financial Statements” contained in Item 1 of this Form 10-Q.

Earnings per share (Tables)

Earnings per share (Tables)	6 Months Ended
Earnings per share (Tables)	Jun. 30, 2021
Earnings per common share
Schedule of basic and diluted earnings per common share	The following table presents the basic and diluted earnings per common share computation (in thousands, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Numerator Net income - basic and diluted $ 3,294 $ 2,335 $ 7,191 $ 3,233 Denominator Weighted average shares outstanding - basic 1,468 1,454 1,467 1,454 Dilutive effect of common stock options — — — — Weighted average shares outstanding - diluted 1,468 1,454 1,467 1,454 Earnings per share - basic $ 2.24 $ 1.61 $ 4.90 $ 2.22 Earnings per share - diluted $ 2.24 $ 1.61 $ 4.90 $ 2.22

Investment securities availab_2

Investment securities available for sale (Tables)	6 Months Ended
Investment securities available for sale (Tables)	Jun. 30, 2021
Investment securities available for sale
Schedule of amortized cost and fair value of investment securities available for sale	The amortized cost and fair value of investment securities available for sale as of June 30, 2021 and December 31, 2020 are as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value June 30, 2021 U.S. Government agency obligations $ 3,725 $ 51 $ — $ 3,776 Mortgage-backed securities 35,376 425 (342) 35,459 Municipals 1,282 — (57) 1,225 Subordinated debt 8,278 85 (71) 8,292 $ 48,661 $ 561 $ (470) $ 48,752 December 31, 2020 U.S. Government agency obligations $ 8,048 $ 94 $ — $ 8,142 Mortgage-backed securities 23,412 645 (51) 24,006 Subordinated debt 8,795 37 (136) 8,696 $ 40,255 $ 776 $ (187) $ 40,844
Schedule of gross realized gains and losses pertaining to available for sale securities	Gross realized gains and losses pertaining to available for sale securities are detailed as follows for the periods indicated (in thousands): Three Months Ended Six Months June 30, Ended June 30, 2021 2020 2021 2020 Gross realized gains $ — $ — $ — $ 39 Gross realized losses — — — (27) $ — $ — $ — $ 12
Schedule of investment securities available for sale	Investment securities available for sale that have an unrealized loss position at June 30, 2021 and December 31, 2020 are detailed below (in thousands): Securities in a loss Securities in a loss position for less than position for more than 12 Months 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2021 Mortgage-backed securities $ 22,252 $ (342) $ — $ — $ 22,252 $ (342) Municipals 1,225 (57) — — 1,225 (57) Subordinated debt 492 (8) 943 (63) 1,435 (71) $ 23,969 $ (407) $ 943 $ (63) $ 24,912 $ (470) December 31, 2020 Mortgage-backed securities $ 5,475 $ (51) $ — $ — $ 5,475 $ (51) Subordinated debt 1,747 (11) 2,807 (125) 4,554 (136) $ 7,222 $ (62) $ 2,807 $ (125) $ 10,029 $ (187)
Schedule of investment by contractual maturity	The amortized cost and estimated fair value of investment securities available for sale as of June 30, 2021, by contractual maturity, are as follows (in thousands): Amortized Cost Fair Value Less than one year $ 2,003 $ 2,009 One to five years 212 213 Five to ten years 9,627 9,680 More than ten years 36,819 36,850 Total $ 48,661 $ 48,752

Loans and allowance for loan _2

Loans and allowance for loan losses (Tables)	6 Months Ended
Loans and allowance for loan losses (Tables)	Jun. 30, 2021
Loans and allowance for loan losses
Schedule of composition of loan portfolio (excluding mortgage loans held for sale)	Loans classified by type as of June 30, 2021 and December 31, 2020 are as follows (dollars in thousands): June 30, 2021 December 31, 2020 Amount % Amount % Construction and land development Residential $ 7,802 1.41 % $ 8,103 1.44 % Commercial 36,271 6.57 % 21,466 3.82 % 44,073 7.98 % 29,569 5.26 % Commercial real estate Owner occupied 100,405 18.20 % 99,784 17.79 % Non-owner occupied 127,363 23.09 % 121,184 21.60 % Multifamily 11,743 2.13 % 9,889 1.75 % Farmland 1,076 0.20 % 367 0.07 % 240,587 43.62 % 231,224 41.21 % Consumer real estate Home equity lines 17,199 3.12 % 18,394 3.28 % Secured by 1-4 family residential, First deed of trust 56,728 10.28 % 57,089 10.18 % Second deed of trust 12,606 2.29 % 11,097 1.98 % 86,533 15.69 % 86,580 15.44 % Commercial and industrial loans (except those secured by real estate) 148,656 26.95 % 181,088 32.28 % Guaranteed student loans 28,601 5.18 % 29,657 5.29 % Consumer and other 3,214 0.58 % 2,885 0.52 % Total loans 551,664 100.0 % 561,003 100.0 % Deferred fees and costs, net (2,578) (2,048) Less: allowance for loan losses (3,429) (3,970) $ 545,657 $ 554,985
Schedule of PPP loans by loan size including SBA fees earned	June 30, 2021 Round 1 Round 2 Total Loan Size # of Loans $ of Loans # of Loans $ of Loans # of Loans $ of Loans < $350,000 228 $ 17,535 706 $ 44,744 934 $ 62,279 $350,000 - $2 million 12 7,174 41 28,164 53 35,338 > $2 million — — — — — — Total 240 $ 24,709 747 $ 72,908 987 $ 97,617 December 31, 2020 Round 1 Loan Size # of Loans $ of Loans < $350,000 1,172 $ 72,526 $350,000 - $2 million 57 41,046 > $2 million 6 23,102 Total 1,235 $ 136,674
Schedule of information on nonaccrual loans	The following table provides information on nonaccrual loans segregated by type at the dates indicated (in thousands): June 30, December 31, 2021 2020 Commercial real estate Non-owner occupied $ 297 $ 303 297 303 Consumer real estate Home equity lines 300 300 Secured by 1-4 family residential First deed of trust 623 630 Second deed of trust 302 317 1,225 1,247 Commercial and industrial loans (except those secured by real estate) 24 27 Total loans $ 1,546 $ 1,577
Schedule of information on the risk rating of loans	The following tables provide information on the risk rating of loans at the dates indicated (in thousands): Risk Rated Risk Rated Risk Rated Risk Rated Total 1-4 5 6 7 Loans June 30, 2021 Construction and land development Residential $ 7,802 $ — $ — $ — $ 7,802 Commercial 33,545 2,726 — — 36,271 41,347 2,726 — — 44,073 Commercial real estate Owner occupied 89,793 6,996 3,616 — 100,405 Non-owner occupied 122,454 4,232 677 — 127,363 Multifamily 11,743 - — — 11,743 Farmland 1,076 - — — 1,076 225,066 11,228 4,293 — 240,587 Consumer real estate Home equity lines 16,274 625 300 — 17,199 Secured by 1-4 family residential First deed of trust 53,569 2,260 899 — 56,728 Second deed of trust 11,839 434 333 — 12,606 81,682 3,319 1,532 — 86,533 Commercial and industrial loans (except those secured by real estate) 146,336 2,019 301 — 148,656 Guaranteed student loans 28,601 — — — 28,601 Consumer and other 3,177 37 — — 3,214 Total loans $ 526,209 $ 19,329 $ 6,126 $ — $ 551,664 Risk Rated Risk Rated Risk Rated Risk Rated Total 1-4 5 6 7 Loans December 31, 2020 Construction and land development Residential $ 8,103 $ — $ — $ — $ 8,103 Commercial 21,370 96 — — 21,466 29,473 96 — — 29,569 Commercial real estate Owner occupied 88,066 9,405 2,313 — 99,784 Non-owner occupied 116,161 4,244 779 — 121,184 Multifamily 9,889 — — — 9,889 Farmland 367 — — — 367 214,483 13,649 3,092 — 231,224 Consumer real estate Home equity lines 17,298 796 300 — 18,394 Secured by 1-4 family residential First deed of trust 53,731 2,212 1,146 — 57,089 Second deed of trust 9,425 1,236 436 — 11,097 80,454 4,244 1,882 — 86,580 Commercial and industrial loans (except those secured by real estate) 178,217 2,602 269 — 181,088 Guaranteed student loans 29,657 — — — 29,657 Consumer and other 2,844 41 — — 2,885 Total loans $ 535,128 $ 20,632 $ 5,243 $ — $ 561,003
Schedule of aging of recorded investment in past due loans and leases	The following table presents the aging of the recorded investment in past due loans and leases as of the dates indicated (in thousands): Recorded Greater Investment > 30-59 Days 60-89 Days Than Total Past Total 90 Days and Past Due Past Due 90 Days Due Current Loans Accruing June 30, 2021 Construction and land development Residential $ — $ — $ — $ — $ 7,802 $ 7,802 $ — Commercial — — — — 36,271 36,271 — — — — — 44,073 44,073 — Commercial real estate Owner occupied — — — — 100,405 100,405 — Non-owner occupied — — — — 127,363 127,363 — Multifamily — — — — 11,743 11,743 — Farmland — — — — 1,076 1,076 — — — — — 240,587 240,587 — Consumer real estate Home equity lines — — — — 17,199 17,199 — Secured by 1-4 family residential First deed of trust — — — 56,728 56,728 — Second deed of trust — — — — 12,606 12,606 — — — — — 86,533 86,533 — Commercial and industrial loans (except those secured by real estate) 409 — — 409 148,247 148,656 — Guaranteed student loans 983 515 2,496 3,994 24,607 28,601 2,496 Consumer and other — — — — 3,214 3,214 — Total loans $ 1,392 $ 515 $ 2,496 $ 4,403 $ 547,261 $ 551,664 $ 2,496 Recorded Greater Investment > 30-59 Days 60-89 Days Than Total Past Total 90 Days and Past Due Past Due 90 Days Due Current Loans Accruing December 31, 2020 Construction and land development Residential $ — $ — $ — $ — $ 8,103 $ 8,103 $ — Commercial — — — — 21,466 21,466 — — — — — 29,569 29,569 — Commercial real estate Owner occupied 86 — — 86 99,698 99,784 — Non-owner occupied — — — — 121,184 121,184 — Multifamily — — — — 9,889 9,889 — Farmland — — — — 367 367 — 86 — — 86 231,138 231,224 — Consumer real estate Home equity lines — — — — 18,394 18,394 — Secured by 1-4 family residential First deed of trust 133 — 133 56,956 57,089 — Second deed of trust — 57 — 57 11,040 11,097 — 133 57 — 190 86,390 86,580 — Commercial and industrial loans (except those secured by real estate) 25 — — 25 181,063 181,088 — Guaranteed student loans 1,428 1,009 2,193 4,630 25,027 29,657 2,193 Consumer and other 1 — — 1 2,884 2,885 — Total loans $ 1,673 $ 1,066 $ 2,193 $ 4,932 $ 556,071 $ 561,003 $ 2,193
Schedule of impaired loans	June 30, 2021 December 31, 2020 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance With no related allowance recorded Commercial real estate Owner occupied $ 5,167 $ 5,182 $ — $ 2,780 $ 2,795 $ — Non-owner occupied 1,873 1,873 — 1,991 1,991 — 7,040 7,055 — 4,771 4,786 — Consumer real estate Home equity lines 300 300 — 300 300 — Secured by 1-4 family residential First deed of trust 1,867 1,867 — 1,937 1,940 — Second deed of trust 625 918 — 699 992 — 2,792 3,085 — 2,936 3,232 — Commercial and industrial loans (except those secured by real estate) 201 201 — 141 141 — 10,033 10,341 — 7,848 8,159 — With an allowance recorded Commercial real estate Owner occupied — — — 1,125 1,125 9 — — — 1,125 1,125 9 Consumer real estate Secured by 1-4 family residential First deed of trust 150 150 8 74 74 8 150 150 8 74 74 8 Total Commercial real estate Owner occupied 5,167 5,182 — 3,905 3,920 9 Non-owner occupied 1,873 1,873 — 1,991 1,991 — 7,040 7,055 — 5,896 5,911 9 Consumer real estate Home equity lines 300 300 — 300 300 — Secured by 1-4 family residential, First deed of trust 2,017 2,017 8 2,011 2,014 8 Second deed of trust 625 918 — 699 992 — 2,942 3,235 8 3,010 3,306 8 Commercial and industrial loans (except those secured by real estate) 201 201 — 141 141 — $ 10,183 $ 10,491 $ 8 $ 9,047 $ 9,358 $ 17
Schedule of average recorded investment in impaired loans	The following is a summary of average recorded investment in impaired loans with and without a valuation allowance and interest income recognized on those loans for the periods indicated (in thousands): For the Three Months For the Six Months Ended June 30, 2021 Ended June 30, 2021 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related allowance recorded Construction and land development Commercial $ — $ — $ 72 $ — — — 72 — Commercial real estate Owner occupied 5,211 38 4,073 96 Non-owner occupied 1,884 29 1,862 59 7,095 67 5,935 155 Consumer real estate Home equity lines 300 5 300 13 Secured by 1-4 family residential First deed of trust 1,989 22 2,001 45 Second deed of trust 977 8 695 19 3,266 35 2,996 77 Commercial and industrial loans (except those secured by real estate) 202 1 173 1 10,563 103 9,176 233 With an allowance recorded Construction and land development Commercial — — 26 — Commercial real estate Owner occupied — — 562 15 — — 562 15 Consumer real estate Secured by 1-4 family residential First deed of trust 151 1 113 2 151 1 113 2 Commercial and industrial loans (except those secured by real estate) — — 42 6 151 1 743 23 Total Construction and land development Commercial — — 98 — — — 98 — Commercial real estate Owner occupied 5,211 38 4,635 111 Non-owner occupied 1,884 29 1,862 59 7,095 67 6,497 170 Consumer real estate Home equity lines 300 5 300 13 Secured by 1-4 family residential, First deed of trust 2,140 23 2,114 47 Second deed of trust 977 8 695 19 3,417 36 3,109 79 Commercial and industrial loans (except those secured by real estate) 202 1 215 7 $ 10,714 $ 104 $ 9,919 $ 256
Schedule of troubled debt restructurings on financing receivables	Specific Valuation Total Performing Nonaccrual Allowance June 30, 2021 Commercial real estate Owner occupied $ 3,328 $ 3,328 $ — $ — Non-owner occupied 1,874 1,576 298 — 5,202 4,904 298 — Consumer real estate Secured by 1-4 family residential First deeds of trust 1,691 1,148 543 8 Second deeds of trust 523 463 60 — 2,214 1,611 603 8 Commercial and industrial loans (except those secured by real estate) 24 — 24 — $ 7,440 $ 6,515 $ 925 $ 8 Number of loans 33 26 7 2 Specific Valuation Total Performing Nonaccrual Allowance December 31, 2020 Commercial real estate Owner occupied $ 3,396 $ 3,396 $ — $ 9 Non-owner occupied 1,991 1,688 303 — 5,387 5,084 303 9 Consumer real estate Secured by 1-4 family residential First deeds of trust 1,460 910 550 8 Second deeds of trust 617 556 61 — 2,077 1,466 611 8 Commercial and industrial loans (except those secured by real estate) 27 — 27 — $ 7,491 $ 6,550 $ 941 $ 17 Number of loans 34 27 7 2
Schedule of troubled debt restructurings on financing receivables modification	The following table provides information about TDRs identified during the indicated periods (dollars in thousands). Three Months ended Three Months Ended June 30, 2021 June 30, 2020 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Number of Recorded Recorded Loans Balance Balance Loans Balance Balance Commercial real estate Owner occupied — $ — $ — 1 $ 311 $ 311 — — — 1 311 311 Six Months Ended Six Months Ended June 30, 2021 June 30, 2020 Pre- Post- Pre- Post- Modification Modification Modification Modification Number of Recorded Recorded Number of Recorded Recorded Loans Balance Balance Loans Balance Balance Commercial real estate Owner occupied — $ — $ — 1 $ 311 $ 311 Consumer real estate Secured by 1-4 family residential, First deed of trust 1 $ 267 $ 267 — $ — $ — 1 $ 267 $ 267 1 $ 311 $ 311
Schedule of activity in the allowance for loan losses	Activity in the allowance for loan losses is as follows for the periods indicated (in thousands): Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Three Months Ended June 30, 2021 Construction and land development Residential $ 100 $ (34) $ — $ — $ 66 Commercial 168 35 — — 203 268 1 — — 269 Commercial real estate Owner occupied 899 (97) — — 802 Non-owner occupied 1,286 (241) — 14 1,059 Multifamily 38 (3) — — 35 Farmland 1 1 — — 2 2,224 (340) — 14 1,898 Consumer real estate Home equity lines 15 (14) — 10 11 Secured by 1-4 family residential First deed of trust 146 (41) — 8 113 Second deed of trust 67 86 (84) 3 72 228 31 (84) 21 196 Commercial and industrial loans (except those secured by real estate) 410 3 — 9 422 Student loans 76 9 (5) — 80 Consumer and other 38 16 (18) — 36 Unallocated 748 (220) — — 528 $ 3,992 $ (500) $ (107) $ 44 $ 3,429 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Three Months Ended June 30, 2020 Construction and land development Residential $ 219 $ (8) $ — $ 2 $ 213 Commercial 270 25 — — 295 489 17 — 2 508 Commercial real estate Owner occupied 859 45 — — 904 Non-owner occupied 1,058 144 — — 1,202 Multifamily 68 (21) — — 47 Farmland 1 (1) — — — 1,986 167 — — 2,153 Consumer real estate Home equity lines 40 — — — 40 Secured by 1-4 family residential First deed of trust 157 8 — 1 166 Second deed of trust 76 (4) — 3 75 273 4 — 4 281 Commercial and industrial loans (except those secured by real estate) 409 (110) — 18 317 Student loans 104 3 (6) — 101 Consumer and other 41 2 (3) — 40 Unallocated 142 217 — — 359 $ 3,444 $ 300 $ (9) $ 24 $ 3,759 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Six Months Ended June 30, 2021 Construction and land development Residential $ 214 $ (148) $ — $ — $ 66 Commercial 285 (82) — — 203 499 (230) — — 269 Commercial real estate Owner occupied 1,047 (245) — — 802 Non-owner occupied 1,421 (376) — 14 1,059 Multifamily 47 (12) — — 35 Farmland 2 — — — 2 2,517 (633) — 14 1,898 Consumer real estate Home equity lines 24 (23) — 10 11 Secured by 1-4 family residential First deed of trust 166 (62) — 9 113 Second deed of trust 79 60 (84) 17 72 269 (25) (84) 36 196 Commercial and industrial loans (except those secured by real estate) 408 (10) — 24 422 Student loans 87 6 (13) — 80 Consumer and other 36 18 (18) — 36 Unallocated 154 374 — — 528 $ 3,970 $ (500) $ (115) $ 74 $ 3,429 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Six Months Ended June 30, 2020 Construction and land development Residential $ 48 $ 162 $ — $ 3 $ 213 Commercial 137 158 — — 295 185 320 — 3 508 Commercial real estate Owner occupied 671 233 — — 904 Non-owner occupied 831 371 — — 1,202 Multifamily 85 (38) — — 47 Farmland 2 (2) — — — 1,589 564 — — 2,153 Consumer real estate Home equity lines 271 (231) — — 40 Secured by 1-4 family residential First deed of trust 343 (181) — 4 166 Second deed of trust 64 4 — 7 75 678 (408) — 11 281 Commercial and industrial loans (except those secured by real estate) 572 (141) (135) 21 317 Student loans 108 19 (26) — 101 Consumer and other 30 11 (4) 3 40 Unallocated 24 335 — — 359 $ 3,186 $ 700 $ (165) $ 38 $ 3,759 Provision for Beginning (Recovery of) Ending Balance Loan Losses Charge-offs Recoveries Balance Year Ended December 31, 2020 Construction and land development Residential $ 48 $ 141 $ — $ 25 $ 214 Commercial 137 148 — — 285 185 289 — 25 499 Commercial real estate Owner occupied 671 376 — — 1,047 Non-owner occupied 831 590 — — 1,421 Multifamily 85 (38) — — 47 Farmland 2 — — — 2 1,589 928 — — 2,517 Consumer real estate Home equity lines 271 (247) — — 24 Secured by 1-4 family residential First deed of trust 343 (190) — 13 166 Second deed of trust 64 45 (85) 55 79 678 (392) (85) 68 269 Commercial and industrial loans (except those secured by real estate) 572 (58) (135) 29 408 Student loans 108 27 (48) — 87 Consumer and other 30 26 (24) 4 36 Unallocated 24 130 — — 154 $ 3,186 $ 950 $ (292) $ 126 $ 3,970
Schedule of loans evaluated for impairment	Loans were evaluated for impairment as follows for the periods indicated (in thousands): Recorded Investment in Loans Allowance Loans Ending Ending Balance Individually Collectively Balance Individually Collectively Six Months June 30, 2021 Construction and land development Residential $ 66 $ — $ 66 $ 7,802 $ — $ 7,802 Commercial 203 — 203 36,271 — 36,271 269 — 269 44,073 — 44,073 Commercial real estate Owner occupied 802 — 802 100,405 5,167 95,238 Non-owner occupied 1,059 — 1,059 127,363 1,873 125,490 Multifamily 35 — 35 11,743 — 11,743 Farmland 2 — 2 1,076 — 1,076 1,898 — 1,898 240,587 7,040 233,547 Consumer real estate Home equity lines 11 — 11 17,199 300 16,899 Secured by 1-4 family residential First deed of trust 113 8 105 56,728 2,017 54,711 Second deed of trust 72 — 72 12,606 625 11,981 196 8 188 86,533 2,942 83,591 Commercial and industrial loans (except those secured by real estate) 422 — 422 148,656 201 148,455 Student loans 80 — 80 28,601 — 28,601 Consumer and other 564 — 564 3,214 — 3,214 $ 3,429 $ 8 $ 3,421 $ 551,664 $ 10,183 $ 541,481 Year Ended December 31, 2020 Construction and land development Residential $ 214 $ — $ 214 $ 8,103 $ — $ 8,103 Commercial 285 — 285 21,466 — 21,466 499 — 499 29,569 — 29,569 Commercial real estate Owner occupied 1,047 9 1,038 99,784 3,905 95,879 Non-owner occupied 1,421 — 1,421 121,184 1,991 119,193 Multifamily 47 — 47 9,889 — 9,889 Farmland 2 — 2 367 — 367 2,517 9 2,508 231,224 5,896 225,328 Consumer real estate Home equity lines 24 — 24 18,394 300 18,094 Secured by 1-4 family residential First deed of trust 166 8 158 57,089 2,011 55,078 Second deed of trust 79 — 79 11,097 699 10,398 269 8 261 86,580 3,010 83,570 Commercial and industrial loans (except those secured by real estate) 408 — 408 181,088 141 180,947 Student loans 87 — 87 29,657 — 29,657 Consumer and other 190 — 190 2,885 — 2,885 $ 3,970 $ 17 $ 3,953 $ 561,003 $ 9,047 $ 551,956

Deposits (Tables)

Deposits (Tables)	6 Months Ended
Deposits (Tables)	Jun. 30, 2021
Deposits
Schedule of deposits	Deposits as of June 30, 2021 and December 31, 2020 were as follows (dollars in thousands): June 30, 2021 December 31, 2020 Amount % Amount % Demand accounts $ 252,756 39.6 % $ 222,305 37.8 % Interest checking accounts 77,828 12.2 % 70,342 11.9 % Money market accounts 178,602 28.0 % 152,726 26.0 % Savings accounts 44,351 7.0 % 38,083 6.5 % Time deposits of $250,000 and over 13,473 2.1 % 16,014 2.7 % Other time deposits 71,073 11.1 % 88,912 15.1 % Total $ 638,083 100.0 % $ 588,382 100.0 %

Stock incentive plan (Tables)

Stock incentive plan (Tables)	6 Months Ended
Stock incentive plan (Tables)	Jun. 30, 2021
Stock incentive plan
Schedule of options outstanding under company's stock incentive plan	The following table summarizes options outstanding under the Company's stock incentive plans at the indicated dates: Six Months Ended June 30, 2021 2020 Weighted Weighted Average Average Exercise Fair Value Intrinsic Exercise Fair Value Intrinsic Options Price Per Share Value Options Price Per Share Value Options outstanding, beginning of period 734 $ 25.63 $ 9.76 734 $ 25.63 $ 9.76 Granted — — — — — — Forfeited — — — — — — Exercised — — — — — — Options outstanding, end of period 734 $ 25.63 $ 9.76 $ — 734 $ 25.63 $ 9.76 $ — Options exercisable, end of period 734 734
Schedule of company's non vested restricted stock awards	A summary of changes in the Company’s non-vested restricted stock and restricted stock unit awards for the six months ended June 30, 2021 follows: Weighted- Average Aggregate Grant-Date Intrinsic Shares Fair-Value Value December 31, 2020 25,247 $ 30.88 $ 1,311,329 Granted — — — Vested (754) 36.86 (39,163) Forfeited — — — Other 169 33.82 8,778 June 30, 2021 24,662 $ 30.71 $ 1,280,944

Fair value (Tables)

Fair value (Tables)	6 Months Ended
Fair value (Tables)	Jun. 30, 2021
Fair value
Schedule of recurring and Non recurring basis	Assets and liabilities measured at fair value under Topic 820 on a recurring and non-recurring basis are summarized below for the indicated dates (dollars in thousands): Fair Value Measurement at June 30, 2021 Using Quoted Prices in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) Financial Assets - Recurring US Government Agencies $ 3,776 $ — $ 3,776 $ — Mortgage-backed securities 35,459 — 35,459 — Municipals 1,225 1,225 Subordinated debt 8,292 — 8,042 250 Loans held for sale 16,374 — 16,374 — IRLC 989 — 989 — Financial Liabilities - Recurring Forward sales commitment 1,501 — 1,501 — Fair Value Measurement at December 31, 2020 Using Quoted Prices in Active Other Significant Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) Financial Assets – Recurring US Government Agencies $ 8,142 $ — $ 8,142 $ — Mortgage-backed securities 24,006 — 24,006 — Subordinated debt 8,696 — 8,446 250 Loans held for sale 34,421 — 34,421 — IRLC 1,552 — 1,552 — Financial Liabilities - Recurring Forward sales commitment 3,105 — 3,105 — Financial Assets - Non-Recurring Other real estate owned 336 — — 336
Schedule of financial instruments measured at fair value	The following table presents qualitative information about Level 3 fair value measurements for financial instruments measured on a non-recurring basis at fair value at December 31, 2020, there were no outstanding level 3 instruments at June 30, 2021 (dollars in thousands): December 31, 2020 Range Fair Value Valuation Unobservable (Weighted Estimate Techniques Input Average) Other real estate owned $ 336 Appraisal (1) or Internal Valuation (2) Selling costs 6%‑ 10% ( (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not identifiable. (2) Internal valuations may be conducted to determine Fair Value for assets with nominal carrying balances.
Schedule of company's financial instruments whether or not recognized	The following tables reflect the carrying amounts and estimated fair values of the Company’s financial instruments whether or not recognized on the Consolidated Balance Sheets at fair value. June 30, December 31, 2021 2020 Level in Fair Value Carrying Estimated Carrying Estimated Hierarchy Value Fair Value Value Fair Value (In thousands) Financial assets Cash Level 1 $ 19,775 $ 19,775 $ 12,709 $ 12,709 Cash equivalents Level 2 51,884 51,884 30,742 30,742 Investment securities available for sale Level 1 — — 1,193 1,193 Investment securities available for sale Level 2 48,502 48,502 39,401 39,401 Investment securities available for sale Level 3 250 250 250 250 Federal Home Loan Bank stock Level 2 353 353 484 484 Loans held for sale Level 2 16,374 16,374 34,421 34,421 Loans Level 3 551,664 553,662 561,003 562,362 Other real estate owned Level 3 — — 336 336 Bank owned life insurance Level 3 12,338 12,338 7,806 7,806 Accrued interest receivable Level 2 4,350 4,350 4,943 4,943 Interest rate lock commitments Level 2 981 981 1,552 1,552 Financial liabilities Deposits Level 2 638,083 639,543 588,382 589,017 Trust preferred securities Level 2 8,764 9,733 8,764 9,697 Other borrowings Level 2 5,644 5,644 47,157 47,157 Accrued interest payable Level 2 85 85 194 194 Forward sales commitment Level 2 1,501 1,501 3,105 3,105

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
Segment Reporting (Tables)	Jun. 30, 2021
Segment Reporting
Schedule of segment information	The following table presents segment information as of and for the three and six months ended June 30, 2021 and 2020 (in thousands): Commercial Mortgage Consolidated Banking Banking Eliminations Totals Three Months Ended June 30, 2021 Revenues Interest income $ 6,870 $ 102 $ — $ 6,972 Gain on sale of loans — 2,729 — 2,729 Other revenues 733 238 (45) 926 Total revenues 7,603 3,069 (45) 10,627 Expenses Recovery of provision for loan losses (500) — — (500) Interest expense 580 — — 580 Salaries and benefits 2,496 1,016 — 3,512 Commissions — 890 — 890 Other expenses 1,791 202 (45) 1,948 Total operating expenses 4,367 2,108 (45) 6,430 Income before income taxes 3,236 961 — 4,197 Income tax expense 701 202 — 903 Net income $ 2,535 $ 759 $ — $ 3,294 Total assets $ 717,993 $ 19,366 $ (19,427) $ 717,932 Commercial Mortgage Consolidated Banking Banking Eliminations Totals Three Months Ended June 30, 2020 Revenues Interest income $ 6,087 $ 136 $ (30) $ 6,193 Gain on sale of loans — 2,804 — 2,804 Other revenues 571 277 (60) 788 Total revenues 6,658 3,217 (90) 9,785 Expenses Provision for loan losses 300 — — 300 Interest expense 1,249 30 (30) 1,249 Salaries and benefits 1,628 984 — 2,612 Commissions — 777 — 777 Other expenses 1,605 302 (60) 1,847 Total operating expenses 4,782 2,093 (90) 6,785 Income before income taxes Income tax expense 1,876 1,124 — 3,000 Net income 429 236 — 665 $ 1,447 $ 888 $ — $ 2,335 Total assets $ 723,802 $ 12,716 $ (13,872) $ 722,646 Commercial Mortgage Consolidated Banking Banking Eliminations Totals Six Months Ended June 30, 2021 Revenues Interest income $ 13,789 $ 237 $ (23) $ 14,003 Gain on sale of loans — 6,904 — 6,904 Other revenues 1,456 466 (135) 1,787 Total revenues 15,245 7,607 (158) 22,694 Expenses Recovery of provision for loan losses (500) — — (500) Interest expense 1,235 23 (23) 1,235 Salaries and benefits 4,641 2,292 — 6,933 Commissions — 1,668 — 1,668 Other expenses 3,635 628 (135) 4,128 Total operating expenses 9,011 4,611 (158) 13,464 Income before income taxes 6,234 2,996 — 9,230 Income tax expense 1,410 629 — 2,039 Net income $ 4,824 $ 2,367 $ — $ 7,191 Total assets $ 717,993 $ 19,366 $ (19,427) $ 717,932 Commercial Mortgage Consolidated Banking Banking Eliminations Totals Six Months Ended June 30, 2020 Revenues Interest income $ 11,677 $ 245 $ (45) $ 11,877 Gain on sale of loans — 4,429 — 4,429 Other revenues 1,304 473 (116) 1,661 Total revenues 12,981 5,147 (161) 17,967 Expenses Provision for loan losses 700 — — 700 Interest expense 2,506 45 (45) 2,506 Salaries and benefits 3,836 1,799 — 5,635 Commissions — 1,215 — 1,215 Other expenses 3,313 576 (116) 3,773 Total operating expenses 10,355 3,635 (161) 13,829 Income before income taxes Income tax expense 2,626 1,512 — 4,138 Net income 588 317 — 905 $ 2,038 $ 1,195 $ — $ 3,233 Total assets $ 723,802 $ 12,716 $ (13,872) $ 722,646

Shareholders' Equity and Regu_2

Shareholders' Equity and Regulatory Matters (Tables)	6 Months Ended
Shareholders' Equity and Regulatory Matters (Tables)	Jun. 30, 2021
Shareholders' Equity and Regulatory Matters
Schedule of accumulated other comprehensive income (loss)	The following table presents the cumulative balances of the components of accumulated other comprehensive income , net of deferred taxes of $11,000 and $114,000 as of June 30, 2021 and December 31, 2020, respectively (in thousands): June 30, December 31, 2021 2020 Net unrealized gains on securities $ 73 $ 466 Net unrecognized losses on defined benefit plan (32) (36) Total accumulated other comprehensive income $ 41 $ 430
Schedule of capital amounts and ratios	The capital amounts and ratios at June 30, 2021 and December 31, 2020 for the Bank are presented in the table below (dollars in thousands): For Capital Actual Adequacy Purposes To be Well Capitalized Amount Ratio Amount Ratio Amount Ratio June 30, 2021 Total capital (to risk- weighted assets) Village Bank $ 72,332 14.57 % $ 39,723 8.00 % $ 49,654 10.00 % Tier 1 capital (to risk- weighted assets) Village Bank 68,903 13.88 % 29,793 6.00 % 39,723 8.00 % Leverage ratio (Tier 1 capital to average assets) Village Bank 68,903 9.72 % 28,342 4.00 % 35,428 5.00 % Common equity tier 1 (to risk- weighted assets) Village Bank 68,903 13.88 % 22,344 4.50 % 32,275 6.50 % December 31, 2020 Total capital (to risk- weighted assets) Village Bank $ 65,723 14.20 % $ 37,015 8.00 % $ 46,269 10.00 % Tier 1 capital (to risk- weighted assets) Village Bank 61,753 13.35 % 27,761 6.00 % 37,015 8.00 % Leverage ratio (Tier 1 capital to average assets) Village Bank 61,753 9.28 % 26,607 4.00 % 33,259 5.00 % Common equity tier 1 (to risk- weighted assets) Village Bank 61,753 13.35 % 20,821 4.50 % 30,075 6.50 %

Commitments and contingencies (

Commitments and contingencies (Tables)	6 Months Ended
Commitments and contingencies (Tables)	Jun. 30, 2021
Commitments and contingencies
Schedule of off balance sheet financial instruments	At June 30, 2021 and December 31, 2020, the Company had outstanding the following approximate off-balance-sheet financial instruments whose contract amounts represent credit risk (in thousands): June 30, December 31, 2021 2020 Undisbursed credit lines $ 112,799 $ 107,130 Commitments to extend or originate credit 31,650 38,910 Standby letters of credit 4,962 4,934 Total commitments to extend credit $ 149,411 $ 150,974

Earnings per share (Details)

Earnings per share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Numerator
Net income - basic and diluted	$ 3,294	$ 2,335	$ 7,191	$ 3,233
Denominator
Weighted average shares outstanding - basic (in shares)	1,468	1,454	1,467	1,454
Dilutive effect of common stock options (in shares)	0	0	0	0
Weighted average shares outstanding - diluted (in shares)	1,468	1,454	1,467	1,454
Earnings per share - basic (in dollars per share)	$ 2.24	$ 1.61	$ 4.90	$ 2.22
Earnings per share - diluted (in dollars per share)	$ 2.24	$ 1.61	$ 4.90	$ 2.22

Earnings per share - Additional

Earnings per share - Additional Information (Details) - shares	Jun. 30, 2021	Jun. 30, 2020
Earnings per common share
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	6,656	4,155

Investment securities availab_3

Investment securities available for sale - Amortized cost and fair value of investment securities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 48,661	$ 40,255
Gross Unrealized Gains	561	776
Gross Unrealized Losses	(470)	(187)
Fair Value	48,752	40,844
U.S. Government Agencies Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	3,725	8,048
Gross Unrealized Gains	51	94
Fair Value	3,776	8,142
Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	35,376	23,412
Gross Unrealized Gains	425	645
Gross Unrealized Losses	(342)	(51)
Fair Value	35,459	24,006
Municipals [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	1,282
Gross Unrealized Losses	(57)
Fair Value	1,225
Subordinated Debt Offering [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	8,278	8,795
Gross Unrealized Gains	85	37
Gross Unrealized Losses	(71)	(136)
Fair Value	$ 8,292	$ 8,696

Investment securities availab_4

Investment securities available for sale - Summary of gross realized gains and losses to available for sale securities (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Investment securities available for sale
Gross realized gains	$ 0	$ 0	$ 0	$ 39,000
Gross realized losses	0	0	0	(27,000)
Available-for-sale Securities, Gross Realized Gain (Loss), Total	$ 0	$ 0	$ 0	$ 12,000

Investment securities availab_5

Investment securities available for sale - Summary of investment securities available for sale having fair value and unrealized loss position (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Schedule of Available-for-sale Securities [Line Items]
Securities in a loss position for less than 12 Months, Fair Value	$ 23,969,000	$ 7,222,000
Securities in a loss position for less than 12 Months, Unrealized Losses	(407,000)	(62,000)
Securities in a loss position for more than 12 Months, Fair Value	943,000	2,807,000
Securities in a loss Position for more than 12 Months, Unrealized Losses	(63,000)	(125,000)
Total Fair Value	24,912,000	10,029,000
Total Unrealized Losses	(470,000)	(187,000)
Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities in a loss position for less than 12 Months, Fair Value	22,252,000	5,475,000
Securities in a loss position for less than 12 Months, Unrealized Losses	(342,000)	(51,000)
Securities in a loss position for more than 12 Months, Fair Value		0
Securities in a loss Position for more than 12 Months, Unrealized Losses		0
Total Fair Value	22,252,000	5,475,000
Total Unrealized Losses	(342,000)	(51,000)
Municipals [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities in a loss position for less than 12 Months, Fair Value	1,225,000
Securities in a loss position for less than 12 Months, Unrealized Losses	(57,000)
Total Fair Value	1,225,000
Total Unrealized Losses	(57,000)
Subordinated Debt Offering [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities in a loss position for less than 12 Months, Fair Value	492,000	1,747,000
Securities in a loss position for less than 12 Months, Unrealized Losses	(8,000)	(11,000)
Securities in a loss position for more than 12 Months, Fair Value	943,000	2,807,000
Securities in a loss Position for more than 12 Months, Unrealized Losses	(63,000)	(125,000)
Total Fair Value	1,435,000	4,554,000
Total Unrealized Losses	$ (71,000)	$ (136,000)

Investment securities availab_6

Investment securities available for sale - Summary of amortized cost and estimated fair value of investment securities available for sale (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Amortized Cost
Less than one year	$ 2,003
One to five years	212
Five to ten years	9,627
More than ten years	36,819
Total	48,661
Fair Value
Less than one year	2,009
One to five years	213
Five to ten years	9,680
More than ten years	36,850
Total	$ 48,752	$ 40,844

Investment securities availab_7

Investment securities available for sale - Additional Information (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)item	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)item	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Schedule of Available-for-sale Securities [Line Items]
Proceeds from Sale of Available-for-sale Securities, Debt			$ 0	$ 7,936,000
Available-for-sale Securities, Gross Realized Gain (Loss)	$ 0	$ 0	$ 0	$ 12,000
Number of positions, less than 12 months \| item	12		12
Number of positions, more than 12 months \| item	2		2
Securities in a loss position for more than 12 Months, Fair Value	$ 943,000		$ 943,000		$ 2,807,000
Securities in a loss Position for more than 12 Months, Unrealized Losses	63,000		63,000		125,000
Securities in a loss position for less than 12 Months, Fair Value	23,969,000		23,969,000		7,222,000
Securities in a loss position for less than 12 Months, Unrealized Losses	407,000		407,000		62,000
Investment Pledged As Security For Debt [Member]
Schedule of Available-for-sale Securities [Line Items]
Pledged Financial Instruments, Not Separately Reported, Securities for Federal Home Loan Bank	$ 0		$ 0		$ 0

Loans and allowance for loan _3

Loans and allowance for loan losses - Classified by type (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 551,664		$ 561,003
Deferred fees and costs, net	(2,578)		(2,048)
Less: allowance for loan losses	(3,429)	$ (3,992)	(3,970)	$ (3,759)	$ (3,444)	$ (3,186)
Total loans, net	$ 545,657		$ 554,985
Percentage of class of loans to loan portfolio (in percent)	100.00%		100.00%
Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 44,073		$ 29,569
Less: allowance for loan losses	$ (269)	(268)	$ (499)	(508)	(489)	(185)
Percentage of class of loans to loan portfolio (in percent)	7.98%		5.26%
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 240,587		$ 231,224
Less: allowance for loan losses	$ (1,898)	(2,224)	$ (2,517)	(2,153)	(1,986)	(1,589)
Percentage of class of loans to loan portfolio (in percent)	43.62%		41.21%
Consumer real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 86,533		$ 86,580
Less: allowance for loan losses	$ (196)	(228)	$ (269)	(281)	(273)	(678)
Percentage of class of loans to loan portfolio (in percent)	15.69%		15.44%
Residential [Member] \| Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 7,802		$ 8,103
Less: allowance for loan losses	$ (66)	(100)	$ (214)	(213)	(219)	(48)
Percentage of class of loans to loan portfolio (in percent)	1.41%		1.44%
Commercial [Member] \| Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 36,271		$ 21,466
Less: allowance for loan losses	$ (203)	(168)	$ (285)	(295)	(270)	(137)
Percentage of class of loans to loan portfolio (in percent)	6.57%		3.82%
Owner occupied \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 100,405		$ 99,784
Less: allowance for loan losses	$ (802)	(899)	$ (1,047)	(904)	(859)	(671)
Percentage of class of loans to loan portfolio (in percent)	18.20%		17.79%
Non-Owner Occupied [Member] \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 127,363		$ 121,184
Less: allowance for loan losses	$ (1,059)	(1,286)	$ (1,421)	(1,202)	(1,058)	(831)
Percentage of class of loans to loan portfolio (in percent)	23.09%		21.60%
Multifamily [Member] \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 11,743		$ 9,889
Less: allowance for loan losses	$ (35)	(38)	$ (47)	(47)	(68)	(85)
Percentage of class of loans to loan portfolio (in percent)	2.13%		1.75%
Farmland [Member] \| Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 1,076		$ 367
Less: allowance for loan losses	$ (2)	(1)	$ (2)		(1)	(2)
Percentage of class of loans to loan portfolio (in percent)	0.20%		0.07%
Home equity lines [Member] \| Consumer real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 17,199		$ 18,394
Less: allowance for loan losses	$ (11)	(15)	$ (24)	(40)	(40)	(271)
Percentage of class of loans to loan portfolio (in percent)	3.12%		3.28%
First deed of trust \| Consumer real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 56,728		$ 57,089
Less: allowance for loan losses	$ (113)	(146)	$ (166)	(166)	(157)	(343)
Percentage of class of loans to loan portfolio (in percent)	10.28%		10.18%
Second Deed of Trust [Member] \| Consumer real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 12,606		$ 11,097
Less: allowance for loan losses	$ (72)	(67)	$ (79)	(75)	(76)	(64)
Percentage of class of loans to loan portfolio (in percent)	2.29%		1.98%
Commercial and industrial loans (except those secured by real estate) \| Commercial and industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 148,656		$ 181,088
Less: allowance for loan losses	$ (422)	(410)	$ (408)	(317)	(409)	(572)
Percentage of class of loans to loan portfolio (in percent)	26.95%		32.28%
Guaranteed Student loans [Member] \| Commercial and industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 28,601		$ 29,657
Less: allowance for loan losses	$ (80)	(76)	$ (87)	(101)	(104)	(108)
Percentage of class of loans to loan portfolio (in percent)	5.18%		5.29%
Consumer And Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 3,214		$ 2,885
Less: allowance for loan losses	(564)		(190)
Consumer And Other [Member] \| Commercial and industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	3,214		2,885
Less: allowance for loan losses	$ (36)	$ (38)	$ (36)	$ (40)	$ (41)	$ (30)
Percentage of class of loans to loan portfolio (in percent)	0.58%		0.52%

Loans and allowance for loan _4

Loans and allowance for loan losses - Information on PPP loans (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan amount	$ 545,657,000		$ 545,657,000		$ 554,985,000
SBA fee earned	6,715,000	$ 5,945,000	$ 13,494,000	$ 11,314,000
PPP Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			987
Loan amount	97,617,000		$ 97,617,000		$ 136,674,000
PPP loan $350,000
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			934
Loan amount	62,279,000		$ 62,279,000
PPP loan $350,000 - $2 million
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			53
Loan amount	35,338,000		$ 35,338,000
Round 1 \| PPP Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			240		1,235
Loan amount	24,709,000		$ 24,709,000		$ 136,674,000
Round 1 \| PPP loan $350,000
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			228		1,172
Loan amount	17,535,000		$ 17,535,000		$ 72,526,000
Round 1 \| PPP loan $350,000 - $2 million
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			12		57
Loan amount	7,174,000		$ 7,174,000		$ 41,046,000
Round 1 \| PPP loan > $2 million
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan					6
Loan amount					$ 23,102,000
Round 2 \| PPP Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			747
Loan amount	72,908,000		$ 72,908,000
Round 2 \| PPP loan $350,000
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			706
Loan amount	44,744,000		$ 44,744,000
Round 2 \| PPP loan $350,000 - $2 million
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans granted \| loan			41
Loan amount	$ 28,164,000		$ 28,164,000

Loans and allowance for loan _5

Loans and allowance for loan losses - Information on nonaccrual loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	$ 1,546	$ 1,577
Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	297	303
Commercial real estate \| Non-Owner Occupied [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	297	303
Consumer real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	1,225	1,247
Consumer real estate \| Home equity lines [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	300	300
Consumer real estate \| First deed of trust
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	623	630
Consumer real estate \| Second Deed of Trust [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	302	317
Commercial and industrial loans \| Commercial and industrial loans (except those secured by real estate)
Financing Receivable, Allowance for Credit Losses [Line Items]
Total loans	$ 24	$ 27

Loans and allowance for loan _6

Loans and allowance for loan losses - Information on the risk rating of loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 551,664	$ 561,003
Consumer And Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,214	2,885
Risk Rated 1-4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	526,209	535,128
Risk Rated 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	19,329	20,632
Risk Rate 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,126	5,243
Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total loans	44,073	29,569
Construction and land development \| Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,802	8,103
Construction and land development \| Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	36,271	21,466
Construction and land development \| Risk Rated 1-4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	41,347	29,473
Construction and land development \| Risk Rated 1-4 [Member] \| Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,802	8,103
Construction and land development \| Risk Rated 1-4 [Member] \| Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	33,545	21,370
Construction and land development \| Risk Rated 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,726	96
Construction and land development \| Risk Rated 5 [Member] \| Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,726	96
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	240,587	231,224
Commercial real estate \| Owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total loans	100,405	99,784
Commercial real estate \| Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	127,363	121,184
Commercial real estate \| Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	11,743	9,889
Commercial real estate \| Farmland [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,076	367
Commercial real estate \| Risk Rated 1-4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	225,066	214,483
Commercial real estate \| Risk Rated 1-4 [Member] \| Owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total loans	89,793	88,066
Commercial real estate \| Risk Rated 1-4 [Member] \| Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	122,454	116,161
Commercial real estate \| Risk Rated 1-4 [Member] \| Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	11,743	9,889
Commercial real estate \| Risk Rated 1-4 [Member] \| Farmland [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,076	367
Commercial real estate \| Risk Rated 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	11,228	13,649
Commercial real estate \| Risk Rated 5 [Member] \| Owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,996	9,405
Commercial real estate \| Risk Rated 5 [Member] \| Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,232	4,244
Commercial real estate \| Risk Rate 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,293	3,092
Commercial real estate \| Risk Rate 6 [Member] \| Owner occupied
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,616	2,313
Commercial real estate \| Risk Rate 6 [Member] \| Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	677	779
Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	86,533	86,580
Consumer real estate \| Home equity lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	17,199	18,394
Consumer real estate \| First deed of trust
Financing Receivable, Recorded Investment [Line Items]
Total loans	56,728	57,089
Consumer real estate \| Second Deed of Trust [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,606	11,097
Consumer real estate \| Risk Rated 1-4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	81,682	80,454
Consumer real estate \| Risk Rated 1-4 [Member] \| Home equity lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	16,274	17,298
Consumer real estate \| Risk Rated 1-4 [Member] \| First deed of trust
Financing Receivable, Recorded Investment [Line Items]
Total loans	53,569	53,731
Consumer real estate \| Risk Rated 1-4 [Member] \| Second Deed of Trust [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	11,839	9,425
Consumer real estate \| Risk Rated 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,319	4,244
Consumer real estate \| Risk Rated 5 [Member] \| Home equity lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	625	796
Consumer real estate \| Risk Rated 5 [Member] \| First deed of trust
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,260	2,212
Consumer real estate \| Risk Rated 5 [Member] \| Second Deed of Trust [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	434	1,236
Consumer real estate \| Risk Rate 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,532	1,882
Consumer real estate \| Risk Rate 6 [Member] \| Home equity lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	300	300
Consumer real estate \| Risk Rate 6 [Member] \| First deed of trust
Financing Receivable, Recorded Investment [Line Items]
Total loans	899	1,146
Consumer real estate \| Risk Rate 6 [Member] \| Second Deed of Trust [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	333	436
Commercial and industrial loans \| Commercial and industrial loans (except those secured by real estate)
Financing Receivable, Recorded Investment [Line Items]
Total loans	148,656	181,088
Commercial and industrial loans \| Guaranteed Student loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	28,601	29,657
Commercial and industrial loans \| Consumer And Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,214	2,885
Commercial and industrial loans \| Risk Rated 1-4 [Member] \| Commercial and industrial loans (except those secured by real estate)
Financing Receivable, Recorded Investment [Line Items]
Total loans	146,336	178,217
Commercial and industrial loans \| Risk Rated 1-4 [Member] \| Guaranteed Student loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	28,601	29,657
Commercial and industrial loans \| Risk Rated 1-4 [Member] \| Consumer And Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,177	2,844
Commercial and industrial loans \| Risk Rated 5 [Member] \| Commercial and industrial loans (except those secured by real estate)
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,019	2,602
Commercial and industrial loans \| Risk Rated 5 [Member] \| Consumer And Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	37	41
Commercial and industrial loans \| Risk Rate 6 [Member] \| Commercial and industrial loans (except those secured by real estate)
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 301	$ 269

Loans and allowance for loan _7

Loans and allowance for loan losses - Recorded investment in past due loans and leases (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	$ 4,403	$ 4,932
Current	547,261	556,071
Total loans	551,664	561,003
Recorded Investment, 90 Days and Accruing	2,496	2,193
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	1,392	1,673
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	515	1,066
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	2,496	2,193
Consumer And Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	3,214	2,885
Construction and land development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	44,073	29,569
Total loans	44,073	29,569
Construction and land development \| Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	7,802	8,103
Total loans	7,802	8,103
Construction and land development \| Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	36,271	21,466
Total loans	36,271	21,466
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		86
Current	240,587	231,138
Total loans	240,587	231,224
Commercial real estate \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		86
Commercial real estate \| Owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		86
Current	100,405	99,698
Total loans	100,405	99,784
Commercial real estate \| Owner occupied \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		86
Commercial real estate \| Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	127,363	121,184
Total loans	127,363	121,184
Commercial real estate \| Multifamily [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	11,743	9,889
Total loans	11,743	9,889
Commercial real estate \| Farmland [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,076	367
Total loans	1,076	367
Consumer real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		190
Current	86,533	86,390
Total loans	86,533	86,580
Consumer real estate \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		133
Consumer real estate \| Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		57
Consumer real estate \| Home equity lines [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	17,199	18,394
Total loans	17,199	18,394
Consumer real estate \| First deed of trust
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		133
Current	56,728	56,956
Total loans	56,728	57,089
Consumer real estate \| First deed of trust \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		133
Consumer real estate \| Second Deed of Trust [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		57
Current	12,606	11,040
Total loans	12,606	11,097
Consumer real estate \| Second Deed of Trust [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		57
Commercial and industrial loans \| Commercial and industrial loans (except those secured by real estate)
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	409	25
Current	148,247	181,063
Total loans	148,656	181,088
Commercial and industrial loans \| Commercial and industrial loans (except those secured by real estate) \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	409	25
Commercial and industrial loans \| Guaranteed Student loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,994	4,630
Current	24,607	25,027
Total loans	28,601	29,657
Recorded Investment, 90 Days and Accruing	2,496	2,193
Commercial and industrial loans \| Guaranteed Student loans [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	983	1,428
Commercial and industrial loans \| Guaranteed Student loans [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	515	1,009
Commercial and industrial loans \| Guaranteed Student loans [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	2,496	2,193
Commercial and industrial loans \| Consumer And Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		1
Current	3,214	2,884
Total loans	$ 3,214	2,885
Commercial and industrial loans \| Consumer And Other [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due		$ 1

Loans and allowance for loan _8

Loans and allowance for loan losses - Impaired loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
With no related allowance recorded
Recorded Investment	$ 10,033	$ 7,848
Unpaid Principal Balance	10,341	8,159
Total
Recorded Investment	10,183	9,047
Unpaid Principal Balance	10,491	9,358
Related Allowance	8	17
Commercial real estate
With no related allowance recorded
Recorded Investment	7,040	4,771
Unpaid Principal Balance	7,055	4,786
With an allowance recorded
Recorded Investment		1,125
Unpaid Principal Balance		1,125
Related Allowance		9
Total
Recorded Investment	7,040	5,896
Unpaid Principal Balance	7,055	5,911
Related Allowance		9
Commercial real estate \| Owner occupied
With no related allowance recorded
Recorded Investment	5,167	2,780
Unpaid Principal Balance	5,182	2,795
With an allowance recorded
Recorded Investment		1,125
Unpaid Principal Balance		1,125
Related Allowance		9
Total
Recorded Investment	5,167	3,905
Unpaid Principal Balance	5,182	3,920
Related Allowance		9
Commercial real estate \| Non-Owner Occupied [Member]
With no related allowance recorded
Recorded Investment	1,873	1,991
Unpaid Principal Balance	1,873	1,991
Total
Recorded Investment	1,873	1,991
Unpaid Principal Balance	1,873	1,991
Consumer real estate
With no related allowance recorded
Recorded Investment	2,792	2,936
Unpaid Principal Balance	3,085	3,232
With an allowance recorded
Recorded Investment	150	74
Unpaid Principal Balance	150	74
Related Allowance	8	8
Total
Recorded Investment	2,942	3,010
Unpaid Principal Balance	3,235	3,306
Related Allowance	8	8
Consumer real estate \| Home equity lines [Member]
With no related allowance recorded
Recorded Investment	300	300
Unpaid Principal Balance	300	300
Total
Recorded Investment	300	300
Unpaid Principal Balance	300	300
Consumer real estate \| First deed of trust
With no related allowance recorded
Recorded Investment	1,867	1,937
Unpaid Principal Balance	1,867	1,940
With an allowance recorded
Recorded Investment	150	74
Unpaid Principal Balance	150	74
Related Allowance	8	8
Total
Recorded Investment	2,017	2,011
Unpaid Principal Balance	2,017	2,014
Related Allowance	8	8
Consumer real estate \| Second Deed of Trust [Member]
With no related allowance recorded
Recorded Investment	625	699
Unpaid Principal Balance	918	992
Total
Recorded Investment	625	699
Unpaid Principal Balance	918	992
Commercial and industrial loans \| Commercial and industrial loans (except those secured by real estate)
With no related allowance recorded
Recorded Investment	201	141
Unpaid Principal Balance	201	141
Total
Recorded Investment	201	141
Unpaid Principal Balance	$ 201	$ 141

Loans and allowance for loan _9

Loans and allowance for loan losses - Average recorded investment in impaired loans (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021
With no related allowance recorded
Average Recorded Investment	$ 10,563	$ 9,176
Interest Income Recognized	103	233
With an allowance recorded
Average Recorded Investment	151	743
Interest Income Recognized	1	23
Total
Average Recorded Investment	10,714	9,919
Interest Income Recognized	104	256
Construction and land development
With no related allowance recorded
Average Recorded Investment		72
Total
Average Recorded Investment		98
Construction and land development \| Commercial [Member]
With no related allowance recorded
Average Recorded Investment		72
Total
Average Recorded Investment		98
Commercial real estate
With no related allowance recorded
Average Recorded Investment	7,095	5,935
Interest Income Recognized	67	155
With an allowance recorded
Average Recorded Investment		562
Interest Income Recognized		15
Total
Average Recorded Investment	7,095	6,497
Interest Income Recognized	67	170
Commercial real estate \| Commercial [Member]
With an allowance recorded
Average Recorded Investment		26
Commercial real estate \| Owner occupied
With no related allowance recorded
Average Recorded Investment	5,211	4,073
Interest Income Recognized	38	96
With an allowance recorded
Average Recorded Investment		562
Interest Income Recognized		15
Total
Average Recorded Investment	5,211	4,635
Interest Income Recognized	38	111
Commercial real estate \| Non-Owner Occupied [Member]
With no related allowance recorded
Average Recorded Investment	1,884	1,862
Interest Income Recognized	29	59
Total
Average Recorded Investment	1,884	1,862
Interest Income Recognized	29	59
Consumer real estate
With no related allowance recorded
Average Recorded Investment	3,266	2,996
Interest Income Recognized	35	77
With an allowance recorded
Average Recorded Investment	151	113
Interest Income Recognized	1	2
Total
Average Recorded Investment	3,417	3,109
Interest Income Recognized	36	79
Consumer real estate \| Home equity lines [Member]
With no related allowance recorded
Average Recorded Investment	300	300
Interest Income Recognized	5	13
Total
Average Recorded Investment	300	300
Interest Income Recognized	5	13
Consumer real estate \| First deed of trust
With no related allowance recorded
Average Recorded Investment	1,989	2,001
Interest Income Recognized	22	45
With an allowance recorded
Average Recorded Investment	151	113
Interest Income Recognized	1	2
Total
Average Recorded Investment	2,140	2,114
Interest Income Recognized	23	47
Consumer real estate \| Second Deed of Trust [Member]
With no related allowance recorded
Average Recorded Investment	977	695
Interest Income Recognized	8	19
Total
Average Recorded Investment	977	695
Interest Income Recognized	8	19
Commercial and industrial loans \| Commercial and industrial loans (except those secured by real estate)
With no related allowance recorded
Average Recorded Investment	202	173
Interest Income Recognized	1	1
With an allowance recorded
Average Recorded Investment		42
Interest Income Recognized		6
Total
Average Recorded Investment	202	215
Interest Income Recognized	$ 1	$ 7

Loans and allowance for loan_10

Loans and allowance for loan losses - Nonaccrual TDRs and the related specific valuation allowance by portfolio segment (Details) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)loan	Jun. 30, 2020loan	Dec. 31, 2020USD ($)loan
Specific Valuation Allowance [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 8		$ 17
Number of Loans \| loan		2		2
Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 7,440		$ 7,491
Number of Loans \| loan		33		34
Performing Financing Receivable [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 6,515		$ 6,550
Number of Loans \| loan		26		27
Nonperforming Financial Instruments [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 925		$ 941
Number of Loans \| loan		7		7
Commercial real estate
Information concerning Troubled Debt Restructurings
Number of Loans	1
Commercial real estate \| Specific Valuation Allowance [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment				$ 9
Commercial real estate \| Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 5,202		5,387
Commercial real estate \| Performing Financing Receivable [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		4,904		5,084
Commercial real estate \| Nonperforming Financial Instruments [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 298		303
Consumer real estate
Information concerning Troubled Debt Restructurings
Number of Loans \| loan		1	1
Consumer real estate \| Specific Valuation Allowance [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 8		8
Consumer real estate \| Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		2,214		2,077
Consumer real estate \| Performing Financing Receivable [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		1,611		1,466
Consumer real estate \| Nonperforming Financial Instruments [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		603		611
Owner occupied \| Commercial real estate
Information concerning Troubled Debt Restructurings
Number of Loans	1		1
Owner occupied \| Commercial real estate \| Specific Valuation Allowance [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment				9
Owner occupied \| Commercial real estate \| Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		3,328		3,396
Owner occupied \| Commercial real estate \| Performing Financing Receivable [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		3,328		3,396
Non-Owner Occupied [Member] \| Commercial real estate \| Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		1,874		1,991
Non-Owner Occupied [Member] \| Commercial real estate \| Performing Financing Receivable [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		1,576		1,688
Non-Owner Occupied [Member] \| Commercial real estate \| Nonperforming Financial Instruments [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 298		303
First deed of trust \| Consumer real estate
Information concerning Troubled Debt Restructurings
Number of Loans \| loan		1
First deed of trust \| Consumer real estate \| Specific Valuation Allowance [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 8		8
First deed of trust \| Consumer real estate \| Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		1,691		1,460
First deed of trust \| Consumer real estate \| Performing Financing Receivable [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		1,148		910
First deed of trust \| Consumer real estate \| Nonperforming Financial Instruments [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		543		550
Second Deed of Trust [Member] \| Consumer real estate \| Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		523		617
Second Deed of Trust [Member] \| Consumer real estate \| Performing Financing Receivable [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		463		556
Second Deed of Trust [Member] \| Consumer real estate \| Nonperforming Financial Instruments [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		60		61
Commercial and industrial loans (except those secured by real estate) \| Commercial and industrial loans \| Portfolio Segment [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		24		27
Commercial and industrial loans (except those secured by real estate) \| Commercial and industrial loans \| Nonperforming Financial Instruments [Member]
Information concerning Troubled Debt Restructurings
Recorded Investment		$ 24		$ 27

Loans and allowance for loan_11

Loans and allowance for loan losses - Information about TDRs (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan
Commercial real estate
Information About Tdrs Identified During Period Line Items [Line Items]
Number of Loans	1
Pre-Modification Recorded Investment	$ 311
Post-Modification Recorded Investment	$ 311
Commercial real estate \| Owner occupied
Information About Tdrs Identified During Period Line Items [Line Items]
Number of Loans	1		1
Pre-Modification Recorded Investment	$ 311		$ 311
Post-Modification Recorded Investment	$ 311		$ 311
Consumer real estate
Information About Tdrs Identified During Period Line Items [Line Items]
Number of Loans \| loan		1	1
Pre-Modification Recorded Investment		$ 267	$ 311
Post-Modification Recorded Investment		$ 267	$ 311
Consumer real estate \| First deed of trust
Information About Tdrs Identified During Period Line Items [Line Items]
Number of Loans \| loan		1
Pre-Modification Recorded Investment		$ 267
Post-Modification Recorded Investment		$ 267

Loans and allowance for loan_12

Loans and allowance for loan losses - Allowance for loan losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	$ 3,992	$ 3,444	$ 3,970	$ 3,186	$ 3,186
Provision for (Recovery of) Loan Losses	(500)	300	(500)	700	950
Charge-offs	(107)	(9)	(115)	(165)	(292)
Recoveries	44	24	74	38	126
Ending Balance	3,429	3,759	3,429	3,759	3,970
Consumer And Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance			190
Ending Balance	564		564		190
Construction and land development
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	268	489	499	185	185
Provision for (Recovery of) Loan Losses	1	17	(230)	320	289
Recoveries		2		3	25
Ending Balance	269	508	269	508	499
Construction and land development \| Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	100	219	214	48	48
Provision for (Recovery of) Loan Losses	(34)	(8)	(148)	162	141
Recoveries		2		3	25
Ending Balance	66	213	66	213	214
Construction and land development \| Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	168	270	285	137	137
Provision for (Recovery of) Loan Losses	35	25	(82)	158	148
Ending Balance	203	295	203	295	285
Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	2,224	1,986	2,517	1,589	1,589
Provision for (Recovery of) Loan Losses	(340)	167	(633)	564	928
Recoveries	14		14
Ending Balance	1,898	2,153	1,898	2,153	2,517
Commercial real estate \| Owner occupied
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	899	859	1,047	671	671
Provision for (Recovery of) Loan Losses	(97)	45	(245)	233	376
Ending Balance	802	904	802	904	1,047
Commercial real estate \| Non-Owner Occupied [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	1,286	1,058	1,421	831	831
Provision for (Recovery of) Loan Losses	(241)	144	(376)	371	590
Recoveries	14		14
Ending Balance	1,059	1,202	1,059	1,202	1,421
Commercial real estate \| Multifamily [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	38	68	47	85	85
Provision for (Recovery of) Loan Losses	(3)	(21)	(12)	(38)	(38)
Ending Balance	35	47	35	47	47
Commercial real estate \| Farmland [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	1	1	2	2	2
Provision for (Recovery of) Loan Losses	1	(1)		(2)
Ending Balance	2		2		2
Consumer real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	228	273	269	678	678
Provision for (Recovery of) Loan Losses	31	4	(25)	(408)	(392)
Charge-offs	(84)		(84)		(85)
Recoveries	21	4	36	11	68
Ending Balance	196	281	196	281	269
Consumer real estate \| Home equity lines [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	15	40	24	271	271
Provision for (Recovery of) Loan Losses	(14)		(23)	(231)	(247)
Recoveries	10		10
Ending Balance	11	40	11	40	24
Consumer real estate \| First deed of trust
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	146	157	166	343	343
Provision for (Recovery of) Loan Losses	(41)	8	(62)	(181)	(190)
Recoveries	8	1	9	4	13
Ending Balance	113	166	113	166	166
Consumer real estate \| Second Deed of Trust [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	67	76	79	64	64
Provision for (Recovery of) Loan Losses	86	(4)	60	4	45
Charge-offs	(84)		(84)		(85)
Recoveries	3	3	17	7	55
Ending Balance	72	75	72	75	79
Commercial and industrial loans \| Commercial and industrial loans (except those secured by real estate)
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	410	409	408	572	572
Provision for (Recovery of) Loan Losses	3	(110)	(10)	(141)	(58)
Charge-offs				(135)	(135)
Recoveries	9	18	24	21	29
Ending Balance	422	317	422	317	408
Commercial and industrial loans \| Guaranteed Student loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	76	104	87	108	108
Provision for (Recovery of) Loan Losses	9	3	6	19	27
Charge-offs	(5)	(6)	(13)	(26)	(48)
Ending Balance	80	101	80	101	87
Commercial and industrial loans \| Consumer And Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	38	41	36	30	30
Provision for (Recovery of) Loan Losses	16	2	18	11	26
Charge-offs	(18)	(3)	(18)	(4)	(24)
Recoveries				3	4
Ending Balance	36	40	36	40	36
Commercial and industrial loans \| Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	748	142	154	24	24
Provision for (Recovery of) Loan Losses	(220)	217	374	335	130
Ending Balance	$ 528	$ 359	$ 528	$ 359	$ 154

Loans and allowance for loan_13

Loans and allowance for loan losses - Loans evaluated for impairment (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	$ 3,429	$ 3,992	$ 3,970	$ 3,759	$ 3,444	$ 3,186
Allowance Individually Evaluated for Impairment	8		17
Allowance Collectively Evaluated for Impairment	3,421		3,953
Loans Ending Balance	551,664		561,003
Loans Individually Evaluated for Impairment	10,183		9,047
Loans Collectively Evaluated for Impairment	541,481		551,956
Construction and land development
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	269	268	499	508	489	185
Allowance Collectively Evaluated for Impairment	269		499
Loans Ending Balance	44,073		29,569
Loans Collectively Evaluated for Impairment	44,073		29,569
Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	1,898	2,224	2,517	2,153	1,986	1,589
Allowance Individually Evaluated for Impairment			9
Allowance Collectively Evaluated for Impairment	1,898		2,508
Loans Ending Balance	240,587		231,224
Loans Individually Evaluated for Impairment	7,040		5,896
Loans Collectively Evaluated for Impairment	233,547		225,328
Consumer real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	196	228	269	281	273	678
Allowance Individually Evaluated for Impairment	8		8
Allowance Collectively Evaluated for Impairment	188		261
Loans Ending Balance	86,533		86,580
Loans Individually Evaluated for Impairment	2,942		3,010
Loans Collectively Evaluated for Impairment	83,591		83,570
Residential [Member] \| Construction and land development
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	66	100	214	213	219	48
Allowance Collectively Evaluated for Impairment	66		214
Loans Ending Balance	7,802		8,103
Loans Collectively Evaluated for Impairment	7,802		8,103
Commercial [Member] \| Construction and land development
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	203	168	285	295	270	137
Allowance Collectively Evaluated for Impairment	203		285
Loans Ending Balance	36,271		21,466
Loans Collectively Evaluated for Impairment	36,271		21,466
Owner occupied \| Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	802	899	1,047	904	859	671
Allowance Individually Evaluated for Impairment			9
Allowance Collectively Evaluated for Impairment	802		1,038
Loans Ending Balance	100,405		99,784
Loans Individually Evaluated for Impairment	5,167		3,905
Loans Collectively Evaluated for Impairment	95,238		95,879
Non-Owner Occupied [Member] \| Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	1,059	1,286	1,421	1,202	1,058	831
Allowance Collectively Evaluated for Impairment	1,059		1,421
Loans Ending Balance	127,363		121,184
Loans Individually Evaluated for Impairment	1,873		1,991
Loans Collectively Evaluated for Impairment	125,490		119,193
Multifamily [Member] \| Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	35	38	47	47	68	85
Allowance Collectively Evaluated for Impairment	35		47
Loans Ending Balance	11,743		9,889
Loans Collectively Evaluated for Impairment	11,743		9,889
Farmland [Member] \| Commercial real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	2	1	2		1	2
Allowance Collectively Evaluated for Impairment	2		2
Loans Ending Balance	1,076		367
Loans Collectively Evaluated for Impairment	1,076		367
Home equity lines [Member] \| Consumer real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	11	15	24	40	40	271
Allowance Collectively Evaluated for Impairment	11		24
Loans Ending Balance	17,199		18,394
Loans Individually Evaluated for Impairment	300		300
Loans Collectively Evaluated for Impairment	16,899		18,094
First deed of trust \| Consumer real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	113	146	166	166	157	343
Allowance Individually Evaluated for Impairment	8		8
Allowance Collectively Evaluated for Impairment	105		158
Loans Ending Balance	56,728		57,089
Loans Individually Evaluated for Impairment	2,017		2,011
Loans Collectively Evaluated for Impairment	54,711		55,078
Second Deed of Trust [Member] \| Consumer real estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	72	67	79	75	76	64
Allowance Collectively Evaluated for Impairment	72		79
Loans Ending Balance	12,606		11,097
Loans Individually Evaluated for Impairment	625		699
Loans Collectively Evaluated for Impairment	11,981		10,398
Commercial and industrial loans (except those secured by real estate) \| Commercial and industrial loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	422	410	408	317	409	572
Allowance Collectively Evaluated for Impairment	422		408
Loans Ending Balance	148,656		181,088
Loans Individually Evaluated for Impairment	201		141
Loans Collectively Evaluated for Impairment	148,455		180,947
Guaranteed Student loans [Member] \| Commercial and industrial loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	80	76	87	101	104	108
Allowance Collectively Evaluated for Impairment	80		87
Loans Ending Balance	28,601		29,657
Loans Collectively Evaluated for Impairment	28,601		29,657
Consumer And Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	564		190
Allowance Collectively Evaluated for Impairment	564		190
Loans Ending Balance	3,214		2,885
Loans Collectively Evaluated for Impairment	3,214		2,885
Consumer And Other [Member] \| Commercial and industrial loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance Ending Balance	36	$ 38	36	$ 40	$ 41	$ 30
Loans Ending Balance	$ 3,214		$ 2,885

Loans and allowance for loan_14

Loans and allowance for loan losses - Additional Information (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Pledged as Collateral	$ 45,398,000		$ 45,398,000			$ 65,587,000
Defaults on TDRs that were modified as TDRs \| loan			0	0
Amount of loans under modified terms	5,900,000		$ 5,900,000			38,000,000
Provision Expense	(500,000)	$ 300,000	(500,000)	$ 700,000
Loans and Leases Receivable, Allowance	$ 3,429,000	3,759,000	$ 3,429,000	3,759,000	$ 3,992,000	3,970,000	$ 3,444,000	$ 3,186,000
Guaranteed Student loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage Of Recovery Loss On Portfolio From Historical Experience	98.00%		98.00%
Unallocated Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	$ 528,000	$ 359,000	$ 528,000	$ 359,000		$ 154,000

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Deposits
Demand accounts	$ 252,756	$ 222,305
Interest checking accounts	77,828	70,342
Money market accounts	178,602	152,726
Savings accounts	44,351	38,083
Other time deposits	71,073	88,912
Total	$ 638,083	$ 588,382
Percentage of individual deposits to deposit liability
Demand accounts (in hundredths)	39.60%	37.80%
Interest checking accounts(in hundredths)	12.20%	11.90%
Money market accounts (in hundredths)	28.00%	26.00%
Savings account (in hundredths)	7.00%	6.50%
Time deposits of $250,000 and over (in hundredths)	2.10%	2.70%
Other time deposits (in hundredths)	11.10%	15.10%
Total (in hundredths)	100.00%	100.00%
Geographic Distribution, Domestic [Member]
Deposits
Time deposits of $250,000 and over	$ 13,473	$ 16,014

Borrowings - (Details)

Borrowings - (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank Stock	$ 353,000	$ 484,000
Long-term Federal Home Loan Bank Advances	0	0
Line of Credit Facility, Remaining Borrowing Capacity	76,200,000
PPPLF
Federal Home Loan Bank, Advances [Line Items]
Current borrowing capacity		41,500,000
Unused borrowing capacity	97,600,000	$ 95,200,000
Federal Home Loan Bank Advances [Member]
Federal Home Loan Bank, Advances [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	33,400,000
Revolving Credit Facility [Member]
Federal Home Loan Bank, Advances [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	10,000,000
Secured Debt [Member]
Federal Home Loan Bank, Advances [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	7,800,000
Line of Credit [Member]
Federal Home Loan Bank, Advances [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	$ 25,000,000

Trust preferred securities (Det

Trust preferred securities (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Trust preferred capital notes	$ 8,764	$ 8,764	$ 8,764
Percentage of Tier one risk based capital required for capital adequacy (in hundredths)		25.00%
Southern Community Financial Capital Trust I [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date		Feb. 24, 2005
Trust preferred capital notes	$ 5,200	$ 5,200
Interest rate (in hundredths)	2.28%	2.28%
Maturity date		Mar. 15, 2035
Principal assets of the trust	$ 5,200	$ 5,200
Southern Community Financial Capital Trust I [Member] \| LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.15%
Village Financial Statutory Trust II [Member]
Debt Instrument [Line Items]
Debt Instrument, Issuance Date		Sep. 20, 2007
Trust preferred capital notes	$ 3,600	$ 3,600
Interest rate (in hundredths)	1.53%	1.53%
Maturity date		Dec. 31, 2037
Principal assets of the trust	$ 3,600	$ 3,600
Village Financial Statutory Trust II [Member] \| LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.40%

Subordinated Debt (Details)

Subordinated Debt (Details) - USD ($)	Mar. 21, 2018	Jun. 30, 2021	Dec. 31, 2020
Proceeds from Issuance of Subordinated Long-term Debt	$ 5,539,000
Subordinated Debt.		$ 5,644,000	$ 5,628,000
Subordinated Debt Offering [Member]
Debt Instrument, Face Amount	$ 5,700,000
Debt Instrument, Maturity Date	Mar. 31, 2028
Debt Instrument, Interest Rate, Stated Percentage	6.50%
Debt Instrument, Basis Spread on Variable Rate	3.73%

Stock incentive plan - Options

Stock incentive plan - Options outstanding under company's stock incentive plan (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Options
Options outstanding, beginning of period	734	734
Granted	0	0
Forfeited	0	0
Exercised	0	0
Options outstanding, end of period	734	734
Options exercisable, end of period	734	734
Weighted Average Exercise Price
Options outstanding, beginning of period	$ 25.63	$ 25.63
Granted	0	0
Forfeited	0	0
Exercised	0	0
Options outstanding, end of period	25.63	25.63
Fair Value Per Share
Options outstanding, beginning of period	9.76	9.76
Granted	0	0
Forfeited	0	0
Exercised	0	0
Options outstanding, end of period	$ 9.76	$ 9.76
Intrinsic Value Options outstanding	$ 0	$ 0

Stock incentive plan - Non vest

Stock incentive plan - Non vested restricted stock award (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Ending Balance	6,656	4,155
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance	25,247
Shares, Vested	(754)
Shares, Forfeited	0	0
Shares, Other	169
Ending Balance	24,662	13,060
Weighted-Average Grant-Date Fair-Value, Beginning Balance	$ 30.88
Weighted-Average Grant-Date Fair-Value, Granted	0
Weighted-Average Grant-Date Fair-Value, Vested	36.86
Weighted-Average Grant-Date Fair-Value, Forfeited	0
Weighted-Average Grant Date Fair Value, Other	33.82
Weighted-Average Grant-Date Fair-Value, Ending Balance	$ 30.71
Aggregate Intrinsic Value, Beginning Balance	$ 1,311,329
Aggregate Intrinsic Value, Granted	0
Aggregate Intrinsic Value, Vested	(39,163)
Aggregate Intrinsic Value, Forfeited	0
Aggregate Intrinsic Value, Other	8,778
Aggregate Intrinsic Value, Ending Balance	$ 1,280,944

Stock incentive plan - Addition

Stock incentive plan - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance	6,656	4,155
Allocated Share-based Compensation Expense	$ 183,000	$ 129,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance	24,662	13,060	25,247
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 489,800	$ 271,600
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	0	0
Time Based Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 350,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 9 months 25 days
Performance Shares [Member] \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sharebased Compensation Arrangement by Sharebased Payment Award Payout Ratio	150.00%	150.00%
Performance Shares [Member] \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sharebased Compensation Arrangement by Sharebased Payment Award Payout Ratio	0.00%	0.00%

Fair value - Recurring and non

Fair value - Recurring and non recurring basis (Details) $ in Thousands, in Thousands	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2020UZS ( )
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	$ 16,400	$ 34,400
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities-Recurring Forward sales commitment		0
Other real estate owned		0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities-Recurring Forward sales commitment \|			3,105
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned		336
Reported Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities-Recurring Forward sales commitment		3,105
Other real estate owned		336
Reported Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	16,374	34,421
IRLC	981	1,552
Financial Liabilities-Recurring Forward sales commitment	1,501	3,105
Reported Value Measurement [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned		336
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
US Government Agencies		0
Mortgage-backed securities		0
Subordinated debt		0
Loans held for sale		0
IRLC		0
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
US Government Agencies	3,776		8,142
Mortgage-backed securities	35,459		24,006
Municipals	1,225
Subordinated debt	8,042		8,446
Loans held for sale	16,374		34,421
IRLC	(989)		1,552
Financial Liabilities-Recurring Forward sales commitment	(1,501)
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
US Government Agencies	0
Mortgage-backed securities	0
Subordinated debt	250	250
Loans held for sale	0
IRLC	0
Financial Liabilities-Recurring Forward sales commitment	0
Fair Value, Measurements, Recurring [Member] \| Reported Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
US Government Agencies	3,776	8,142
Mortgage-backed securities	35,459	24,006
Municipals	1,225
Subordinated debt	8,292	8,696
Loans held for sale	16,374	34,421
IRLC	(989)	$ 1,552
Financial Liabilities-Recurring Forward sales commitment	$ (1,501)

Fair value - Financial instrume

Fair value - Financial instruments measured at fair value (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Jun. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 336
Other Real Estate Owned [Member] \| Appraisal or Internal Valuation Technique [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure		$ 0
Fair Value Measurements, Valuation Techniques	Appraisal (1) or Internal Valuation (2)
Other Real Estate Owned [Member] \| Appraisal or Internal Valuation Technique [Member] \| Weighted Average [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Selling costs	7.00%

Fair value - Carrying amounts a

Fair value - Carrying amounts and estimated fair value of the company's (Details) $ in Thousands, in Thousands	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2020UZS ( )
Financial assets
Investment securities available for sale, at fair value	$ 48,752	$ 40,844
Loans held for sale	16,400	34,400
Reported Value Measurement [Member]
Financial assets
Other real estate owned		336
Financial liabilities
Forward sales commitment		3,105
Fair Value, Inputs, Level 1 [Member]
Financial assets
Other real estate owned		0
Financial liabilities
Forward sales commitment		0
Fair Value, Inputs, Level 1 [Member] \| Reported Value Measurement [Member]
Financial assets
Cash	19,775	12,709
Investment securities available for sale, at fair value		1,193
Fair Value, Inputs, Level 1 [Member] \| Estimate of Fair Value Measurement [Member]
Financial assets
Cash	19,775	12,709
Investment securities available for sale, at fair value		1,193
Fair Value, Inputs, Level 2 [Member]
Financial liabilities
Forward sales commitment \|			3,105
Fair Value, Inputs, Level 2 [Member] \| Reported Value Measurement [Member]
Financial assets
Cash equivalents	51,884	30,742
Investment securities available for sale, at fair value	48,502	39,401
Federal Home Loan Bank stock	353	484
Loans held for sale	16,374	34,421
Accrued interest receivable	4,350	4,943
Interest rate lock commitments	981	1,552
Financial liabilities
Deposits	638,083	588,382
Trust preferred securities	8,764	8,764
Other borrowings	5,644	47,157
Accrued interest payable	85	194
Forward sales commitment	1,501	3,105
Fair Value, Inputs, Level 2 [Member] \| Estimate of Fair Value Measurement [Member]
Financial assets
Cash equivalents	51,884	30,742
Investment securities available for sale, at fair value	48,502	39,401
Federal Home Loan Bank stock	353	484
Loans held for sale	16,374	34,421
Accrued interest receivable	4,350	4,943
Interest rate lock commitments	981	1,552
Financial liabilities
Deposits	639,543	589,017
Trust preferred securities	9,733	9,697
Other borrowings	5,644	47,157
Accrued interest payable	85	194
Forward sales commitment	1,501	3,105
Fair Value, Inputs, Level 3 [Member]
Financial assets
Other real estate owned		336
Fair Value, Inputs, Level 3 [Member] \| Reported Value Measurement [Member]
Financial assets
Investment securities available for sale, at fair value	250	250
Loans	551,664	561,003
Other real estate owned		336
Bank owned life insurance	12,338	7,806
Fair Value, Inputs, Level 3 [Member] \| Estimate of Fair Value Measurement [Member]
Financial assets
Investment securities available for sale, at fair value	250	250
Loans	553,662	562,362
Other real estate owned		336
Bank owned life insurance	$ 12,338	$ 7,806

Segment Reporting - Segment inf

Segment Reporting - Segment information (Details)	3 Months Ended		6 Months Ended		12 Months Ended
Segment Reporting - Segment information (Details)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)segment	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Segment Reporting Information [Line Items]
Number of Reportable Segments \| segment			2
Revenues
Interest income	$ 6,972,000	$ 6,193,000	$ 14,003,000	$ 11,877,000
Gain on sale of loans	2,729,000	2,804,000	6,904,000	4,429,000
Other revenues	926,000	788,000	1,787,000	1,661,000
Total revenues	10,627,000	9,785,000	22,694,000	17,967,000
Expenses
Provision for (recovery of) loan losses	(500,000)	300,000	(500,000)	700,000	$ 950,000
Recovery of provision for loan losses	(500,000)	300,000	(500,000)	700,000
Interest expense	580,000	1,249,000	1,235,000	2,506,000
Salaries and benefits	3,512,000	2,612,000	6,933,000	5,635,000
Commissions	890,000	777,000	1,668,000	1,215,000
Other expenses	1,948,000	1,847,000	4,128,000	3,773,000
Total operating expenses	6,430,000	6,785,000	13,464,000	13,829,000
Income before income taxes	4,197,000	3,000,000	9,230,000	4,138,000
Income tax expense	903,000	665,000	2,039,000	905,000
Net income	3,294,000	2,335,000	7,191,000	3,233,000
Total assets	717,932,000	722,646,000	717,932,000	722,646,000	$ 706,236,000
Eliminations [Member]
Revenues
Interest income	0	(30,000)	(23,000)	(45,000)
Gain on sale of loans	0	0
Other revenues	(45,000)	(60,000)	(135,000)	(116,000)
Total revenues	(45,000)	(90,000)	(158,000)	(161,000)
Expenses
Provision for (recovery of) loan losses		0
Recovery of provision for loan losses	0
Interest expense	0	(30,000)	(23,000)	(45,000)
Salaries and benefits	0	0
Commissions	0	0
Other expenses	(45,000)	(60,000)	(135,000)	(116,000)
Total operating expenses	(45,000)	(90,000)	(158,000)	(161,000)
Income before income taxes	0	0
Income tax expense	0	0
Net income	0	0
Total assets	(19,427,000)	(13,872,000)	(19,427,000)	(13,872,000)
Commercial Banking [Member]
Revenues
Interest income	6,870,000	6,087,000	13,789,000	11,677,000
Gain on sale of loans	0	0
Other revenues	733,000	571,000	1,456,000	1,304,000
Total revenues	7,603,000	6,658,000	15,245,000	12,981,000
Expenses
Provision for (recovery of) loan losses		300,000		700,000
Recovery of provision for loan losses	(500,000)		(500,000)
Interest expense	580,000	1,249,000	1,235,000	2,506,000
Salaries and benefits	2,496,000	1,628,000	4,641,000	3,836,000
Commissions	0	0
Other expenses	1,791,000	1,605,000	3,635,000	3,313,000
Total operating expenses	4,367,000	4,782,000	9,011,000	10,355,000
Income before income taxes	3,236,000	1,876,000	6,234,000	2,626,000
Income tax expense	701,000	429,000	1,410,000	588,000
Net income	2,535,000	1,447,000	4,824,000	2,038,000
Total assets	717,993,000	723,802,000	717,993,000	723,802,000
Mortagage Banking [Member]
Revenues
Interest income	102,000	136,000	237,000	245,000
Gain on sale of loans	2,729,000	2,804,000	6,904,000	4,429,000
Other revenues	238,000	277,000	466,000	473,000
Total revenues	3,069,000	3,217,000	7,607,000	5,147,000
Expenses
Provision for (recovery of) loan losses		0
Recovery of provision for loan losses	0
Interest expense	0	30,000	23,000	45,000
Salaries and benefits	1,016,000	984,000	2,292,000	1,799,000
Commissions	890,000	777,000	1,668,000	1,215,000
Other expenses	202,000	302,000	628,000	576,000
Total operating expenses	2,108,000	2,093,000	4,611,000	3,635,000
Income before income taxes	961,000	1,124,000	2,996,000	1,512,000
Income tax expense	202,000	236,000	629,000	317,000
Net income	759,000	888,000	2,367,000	1,195,000
Total assets	$ 19,366,000	$ 12,716,000	$ 19,366,000	$ 12,716,000

Shareholders' Equity and Regu_3

Shareholders' Equity and Regulatory Matters - Accumulated other comprehensive income (loss) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Shareholders' Equity and Regulatory Matters
Net unrealized gains on securities	$ 73	$ 466
Net unrecognized losses on defined benefit plan	(32)	(36)
Total accumulated other comprehensive income	$ 41	$ 430

Shareholders' Equity and Regu_4

Shareholders' Equity and Regulatory Matters - Capital amounts and ratios (Details) $ in Thousands	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Total capital (to risk- weighted assets) Village Bank, Ratio
To be Well Capitalized (in percentage)	10
Tier 1 capital (to risk-capital to average assets), Ratio
To be Well Capitalized (in percentage)	8
Leverage ratio (Tier 1 capital to average assets), Ratio
For Capital Adequacy Purposes (in percentage)	4
To be Well Capitalized (in percentage)	5
Common equity (Tier 1 risk based capital to risk weighted assets), Ratio
To be Well Capitalized (in percentage)	6.50%
Maximum
Total capital (to risk- weighted assets) Village Bank, Ratio
Actual Ratio (in percentage)	10.5
Tier 1 capital (to risk-capital to average assets), Ratio
For Capital Adequacy Purposes (in percentage)	8
Common equity (Tier 1 risk based capital to risk weighted assets), Ratio
For Capital Adequacy Purposes (in percentage)	7.00%
Minimum
Total capital (to risk- weighted assets) Village Bank, Ratio
Actual Ratio (in percentage)	8.5
Tier 1 capital (to risk-capital to average assets), Ratio
For Capital Adequacy Purposes (in percentage)	6
Common equity (Tier 1 risk based capital to risk weighted assets), Ratio
For Capital Adequacy Purposes (in percentage)	4.50%
Subsidiaries [Member]
Total capital (to risk- weighted assets) Village Bank, Amount
Actual Amount	$ 72,332	$ 65,723
For Capital Adequacy Purposes	39,723	37,015
To be Well Capitalized Amount	$ 49,654	$ 46,269
Total capital (to risk- weighted assets) Village Bank, Ratio
Actual Ratio (in percentage)	14.57	14.20
For Capital Adequacy Purposes (in percentage)	8	8
To be Well Capitalized (in percentage)	10	10
Tier 1 capital (to risk- weighted assets) Village Bank, Amount
Actual Amount	$ 68,903	$ 61,753
For Capital Adequacy Purposes	29,793	27,761
To be Well Capitalized Amount	$ 39,723	$ 37,015
Tier 1 capital (to risk-capital to average assets), Ratio
Actual Ratio (in percentage)	13.88	13.35
For Capital Adequacy Purposes (in percentage)	6	6
To be Well Capitalized (in percentage)	8	8
Leverage ratio (Tier 1 capital to average assets), Amount
Actual Amount	$ 68,903	$ 61,753
For Capital Adequacy Purposes	28,342	26,607
To be Well Capitalized Amount	$ 35,428	$ 33,259
Leverage ratio (Tier 1 capital to average assets), Ratio
Actual Ratio (in percentage)	9.72	9.28
For Capital Adequacy Purposes (in percentage)	4	4
To be Well Capitalized (in percentage)	5	5
Common equity (Tier 1 risk based capital to risk weighted assets), Amount
Actual Amount	$ 68,903	$ 61,753
For Capital Adequacy Purposes	22,344	20,821
To be Well Capitalized Amount	$ 32,275	$ 30,075
Common equity (Tier 1 risk based capital to risk weighted assets), Ratio
Actual Ratio (in percentage)	13.88%	13.35%
For Capital Adequacy Purposes (in percentage)	4.50%	4.50%
To be Well Capitalized (in percentage)	6.50%	6.50%

Shareholders' Equity and Regu_5

Shareholders' Equity and Regulatory Matters - Additional Information (Details)	Jan. 01, 2019	Jan. 01, 2016	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Shareholders' Equity and Regulatory Matters
Deferred Tax Liabilities, Gross				$ 114,000
Deferred Tax Assets, Gross			$ 11,000
Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets			6.50%
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets			8
Capital Required to be Well Capitalized to Risk Weighted Assets			10
Tier One Leverage Capital Required to be Well Capitalized to Average Assets			5
Description of Regulatory Requirements, Prompt Corrective Action			On September 17, 2019, the federal bank regulators issued a final rule required by the EGRRCPA that permits qualifying banks and bank holding companies that have less than $10 billion of assets, like the Company and the Bank, to elect to be subject to a 9% leverage ratio that would be applied using less complex leverage calculations (commonly referred to as the community bank leverage ratio or “CBLR”). Under the rule, which became effective January 1, 2020, banks and bank holding companies that opt into the CBLR framework and maintain a CBLR of greater than 9% would not be subject to other risk-based and leverage capital requirements under the Basel III Capital Rules and would be deemed to have met the well capitalized ratio requirements under the “prompt corrective action” framework.
Capital Conservation Buffer Percentage	2.5	0.625	2.5

Commitments and contingencies_2

Commitments and contingencies (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total commitments to extend credit	$ 149,411	$ 150,974
Standby letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total commitments to extend credit	4,962	4,934
Undisbursed credit lines
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total commitments to extend credit	112,799	107,130
Commitments to extend or originate credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Total commitments to extend credit	$ 31,650	$ 38,910

Mortgage Banking and Derivati_2

Mortgage Banking and Derivatives (Details)	Jun. 30, 2021USD ($)position	Dec. 31, 2020USD ($)position
Participating Mortgage Loans [Line Items]
Fair value of LHFS	$ 16,400,000	$ 34,400,000
Unpaid principal balance	15,900,000	32,900,000
Other Assets
Participating Mortgage Loans [Line Items]
Fair value of IRLC	989,000	1,600,000
IRLC notional amount	$ 31,700,000	$ 38,900,000
IRLC total positions \| position	134	150
Other Liabilities
Participating Mortgage Loans [Line Items]
Fair value of forward sales commitments	$ 1,500,000	$ 3,100,000
Forward sales commitments notional amount	$ 47,500,000	$ 71,700,000
Forward sales commitments total positions \| position	205	289

Recent accounting pronounceme_2

Recent accounting pronouncements (Details) $ in Millions	Jun. 30, 2021USD ($)
PPP Loans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans under CAA modified terms	$ 5.9