Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 3 . LOANS RECEIVABLE Loans receivable consisted of the following: June 30, December 31, 2017 2016 (In Thousands) First mortgage loans: Residential mortgage (1-4 family) $ 110,906 $ 113,262 Commercial real estate 246,005 214,927 Real estate construction 29,440 20,540 Other loans: Home equity 49,266 49,018 Consumer 15,293 14,800 Commercial 58,230 54,706 Total 509,140 467,253 Deferred loan fees, net (1,008 ) (1,092 ) Allowance for loan losses (5,225 ) (4,770 ) Total loans, net $ 502,907 $ 461,391 Within the commercial real estate loan category above, $11,307,000 $11,586,000 June 30, 2017 December 31, 2016, $1,509,000 $1,588,000 June 30, 2017, December 31, 2016, The following table includes information regarding nonperforming assets. June 30, December 31, 2017 2016 (Dollars in Thousands) Non-accrual loans $ 1,611 $ 614 Accruing loans delinquent 90 days or more 79 495 Restructured loans, net - 43 Total nonperforming loans 1,690 1,152 Real estate owned and other repossessed assets, net 493 825 Total nonperforming assets $ 2,183 $ 1,977 Total nonperforming assets as a percentage of total assets 0.31 % 0.29 % Allowance for loan losses $ 5,225 $ 4,770 Percent of allowance for loan losses to nonperforming loans 309.17 % 414.06 % Percent of allowance for loan losses to nonperforming assets 239.35 % 241.27 % Allowance for loan losses activity was as follows: Residential Mortgage Commercial Real Estate Home (1-4 Family) Real Estate Construction Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Beginning balance, April 1, 2017 $ 999 $ 2,278 $ 252 $ 471 $ 210 $ 865 $ 5,075 Charge-offs - - - - (90 ) (99 ) (189 ) Recoveries - - - 34 3 - 37 Provision - 100 - - 102 100 302 Ending balance, June 30, 2017 $ 999 $ 2,378 $ 252 $ 505 $ 225 $ 866 $ 5,225 Allowance for loan losses: Beginning balance, January 1, 2017 $ 997 $ 2,079 $ 244 $ 460 $ 193 $ 797 $ 4,770 Charge-offs - - - - (99 ) (99 ) (198 ) Recoveries - - - 39 11 - 50 Provision 2 299 8 6 120 168 603 Ending balance, June 30, 2017 $ 999 $ 2,378 $ 252 $ 505 $ 225 $ 866 $ 5,225 Ending balance, June 30, 2017 allocated to loans individually evaluated for impairment $ - $ - $ - $ - $ 38 $ - $ 38 Ending balance, June 30, 2017 allocated to loans collectively evaluated for impairment $ 999 $ 2,378 $ 252 $ 505 $ 187 $ 866 $ 5,187 Loans receivable: Ending balance, June 30, 2017 $ 110,906 $ 246,005 $ 29,440 $ 49,266 $ 15,293 $ 58,230 $ 509,140 Ending balance, June 30, 2017 of loans individually evaluated for impairment $ 500 $ 451 $ - $ 305 $ 144 $ 211 $ 1,611 Ending balance, June 30, 2017 of loans collectively evaluated for impairment $ 110,406 $ 245,554 $ 29,440 $ 48,961 $ 15,149 $ 58,019 $ 507,529 Residential Mortgage Commercial Real Estate Home (1-4 Family) Real Estate Construction Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Beginning balance, April 1, 2016 $ 981 $ 1,735 $ 244 $ 365 $ 165 $ 450 $ 3,940 Charge-offs - - - - (76 ) (72 ) (148 ) Recoveries - - - - 9 - 9 Provision - 272 - - 76 111 459 Ending balance, June 30, 2016 $ 981 $ 2,007 $ 244 $ 365 $ 174 $ 489 $ 4,260 Allowance for loan losses: Beginning balance, January 1, 2016 $ 911 $ 1,593 $ 184 $ 342 $ 66 $ 454 $ 3,550 Charge-offs - - - (7 ) (100 ) (104 ) (211 ) Recoveries - - - - 12 - 12 Provision 70 414 60 30 196 139 909 Ending balance, June 30, 2016 $ 981 $ 2,007 $ 244 $ 365 $ 174 $ 489 $ 4,260 Ending balance, June 30, 2016 allocated to loans individually evaluated for impairment $ - $ - $ - $ - $ 25 $ - $ 25 Ending balance, June 30, 2016 allocated to loans collectively evaluated for impairment $ 981 $ 2,007 $ 244 $ 365 $ 149 $ 489 $ 4,235 Loans receivable: Ending balance, June 30, 2016 $ 116,207 $ 200,848 $ 16,382 $ 47,842 $ 14,618 $ 48,982 $ 444,879 Ending balance, June 30, 2016 of loans individually evaluated for impairment $ 1,000 $ 374 $ - $ 332 $ 117 $ 261 $ 2,084 Ending balance, June 30, 2016 of loans collectively evaluated for impairment $ 115,207 $ 200,474 $ 16,382 $ 47,510 $ 14,501 $ 48,721 $ 442,795 The Company utilizes an 8 Loans R ated Pass 1 5 Loans R ated Special Mention 6 may Loans R ated Substandard 7 not Loans R ated Doubtful 8 Loans R ated Loss not 8 not not no not may On an annual basis, or more often if needed, the Company formally reviews the ratings of all commercial real estate, construction, and commercial business loans that have a principal balance of $750,000 90 60 third Internal classification of the loan portfolio was as follows: June 30, 2017 Residential Mortgage Commercial Real Estate Home (1-4 Family) Real Estate Construction Equity Consumer Commercial Total (In Thousands) Grade: Pass $ 110,132 $ 245,550 $ 28,984 $ 48,961 $ 15,141 $ 57,700 $ 506,468 Special mention - - 456 - - - 456 Substandard 774 455 - 305 114 530 2,178 Doubtful - - - - - - - Loss - - - - 38 - 38 Total $ 110,906 $ 246,005 $ 29,440 $ 49,266 $ 15,293 $ 58,230 $ 509,140 Credit risk profile based on payment activity Performing $ 110,406 $ 245,554 $ 29,440 $ 48,961 $ 15,149 $ 57,940 $ 507,450 Restructured loans - - - - - - - Nonperforming 500 451 - 305 144 290 1,690 Total $ 110,906 $ 246,005 $ 29,440 $ 49,266 $ 15,293 $ 58,230 $ 509,140 December 31, 2016 Residential Mortgage Commercial Real Estate Home (1-4 Family) Real Estate Construction Equity Consumer Commercial Total (In Thousands) Grade: Pass $ 112,524 $ 214,476 $ 20,084 $ 48,643 $ 14,697 $ 54,470 $ 464,894 Special mention - - 456 - - - 456 Substandard 738 451 - 375 95 236 1,895 Doubtful - - - - - - - Loss - - - - 8 - 8 Total $ 113,262 $ 214,927 $ 20,540 $ 49,018 $ 14,800 $ 54,706 $ 467,253 Credit risk profile based on payment activity Performing $ 112,585 $ 214,923 $ 20,540 $ 48,643 $ 14,704 $ 54,706 $ 466,101 Restructured loans - - - 43 - - 43 Nonperforming 677 4 - 332 96 - 1,109 Total $ 113,262 $ 214,927 $ 20,540 $ 49,018 $ 14,800 $ 54,706 $ 467,253 The following tables include information regarding delinquencies within the loan portfolio. June 30, 2017 Loans Past Due and Still Accruing 90 Days 30-89 Days and Non-Accrual Current Total Past Due Greater Total Loans Loans Loans (In Thousands) Residential mortgage (1-4 family) $ 764 $ - $ 764 $ 500 $ 109,642 $ 110,906 Commercial real estate 250 - 250 451 245,304 246,005 Real estate construction - - - - 29,440 29,440 Home equity 320 - 320 305 48,641 49,266 Consumer 138 - 138 144 15,011 15,293 Commercial 299 79 378 211 57,641 58,230 Total $ 1,771 $ 79 $ 1,850 $ 1,611 $ 505,679 $ 509,140 December 31, 2016 Loans Past Due and Still Accruing 90 Days 30-89 Days and Non-Accrual Current Total Past Due Greater Total Loans Loans Loans (In Thousands) Residential mortgage (1-4 family) $ 975 $ 456 $ 1,431 $ 221 $ 111,610 $ 113,262 Commercial real estate 513 4 517 - 214,410 214,927 Real estate construction - - - - 20,540 20,540 Home equity 365 35 400 297 48,321 49,018 Consumer 169 - 169 96 14,535 14,800 Commercial 249 - 249 - 54,457 54,706 Total $ 2,271 $ 495 $ 2,766 $ 614 $ 463,873 $ 467,253 The following tables include information regarding impaired loans. June 30, 2017 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) With no related allowance: Residential mortgage (1-4 family) $ 500 $ 501 $ - Commercial real estate 451 451 - Construction - - - Home equity 305 324 - Consumer 106 154 - Commercial 211 313 - With a related allowance: Residential mortgage (1-4 family) - - - Commercial real estate - - - Construction - - - Home equity - - - Consumer 38 38 38 Commercial - - - Total: Residential mortgage (1-4 family) 500 501 - Commercial real estate 451 451 - Construction - - - Home equity 305 324 - Consumer 144 192 38 Commercial 211 313 - Total $ 1,611 $ 1,781 $ 38 December 31, 2016 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) With no related allowance: Residential mortgage (1-4 family) $ 221 $ 221 $ - Commercial real estate - - - Construction - - - Home equity 340 390 - Consumer 88 135 - Commercial - - - With a related allowance: Residential mortgage (1-4 family) - - - Commercial real estate - - - Construction - - - Home equity - - - Consumer 8 8 8 Commercial - - - Total: Residential mortgage (1-4 family) 221 221 - Commercial real estate - - - Construction - - - Home equity 340 390 - Consumer 96 143 8 Commercial - - - Total $ 657 $ 754 $ 8 Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Average Recorded Investment (In Thousands) Residential mortgage (1-4 family) $ 360 $ 834 $ 360 $ 865 Commercial real estate 226 518 226 520 Construction - - - - Home equity 320 284 323 270 Consumer 140 118 120 131 Commercial 179 214 105 294 Total $ 1,225 $ 1,968 $ 1,134 $ 2,080 Interest income recognized on impaired loans for the three six June 30, 2017 2016 |