Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 3 . LOANS RECEIVABLE Loans receivable consisted of the following: June 30, December 31, 2018 2017 (In Thousands) Real estate loans: Residential 1-4 family $ 143,323 $ 135,217 Commercial real estate 281,525 244,783 Other loans: Home equity 53,178 52,672 Consumer 16,635 15,712 Commercial 88,096 65,863 Total 582,757 514,247 Deferred loan fees, net (1,029 ) (1,093 ) Allowance for loan losses (6,150 ) (5,750 ) Total loans, net $ 575,578 $ 507,404 Within the commercial real estate loan category, $12,797,000 $13,114,000 June 30, 2018 December 31, 2017, $3,016,000 $1,480,000 June 30, 2018, $256,000 $486,000 June 30, 2018, December 31, 2017, The following table includes information regarding nonperforming assets. June 30, December 31, 2018 2017 (Dollars in Thousands) Non-accrual loans $ 1,500 $ 977 Accruing loans delinquent 90 days or more 159 - Restructured loans, net - - Total nonperforming loans 1,659 977 Real estate owned and other repossessed assets, net 457 525 Total nonperforming assets $ 2,116 $ 1,502 Total nonperforming assets as a percentage of total assets 0.26 % 0.21 % Allowance for loan losses $ 6,150 $ 5,750 Percent of allowance for loan losses to nonperforming loans 370.71 % 588.54 % Percent of allowance for loan losses to nonperforming assets 290.64 % 382.82 % Allowance for loan losses activity was as follows: Residential Commercial Home 1-4 Family Real Estate Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Beginning balance, April 1, 2018 $ 1,301 $ 3,202 $ 427 $ 200 $ 1,000 $ 6,130 Charge-offs - - - (23 ) (1 ) (24 ) Recoveries - 4 - 8 8 20 Provision - 24 - - - 24 Ending balance, June 30, 2018 $ 1,301 $ 3,230 $ 427 $ 185 $ 1,007 $ 6,150 Allowance for loan losses: Beginning balance, January 1, 2018 $ 1,301 $ 2,778 $ 506 $ 225 $ 940 $ 5,750 Charge-offs - - (80 ) (50 ) (24 ) (154 ) Recoveries - 7 1 10 10 28 Provision - 445 - - 81 526 Ending balance, June 30, 2018 $ 1,301 $ 3,230 $ 427 $ 185 $ 1,007 $ 6,150 Ending balance, June 30, 2018 allocated to loans individually evaluated for impairment $ - $ - $ - $ - $ - $ - Ending balance, June 30, 2018 allocated to loans collectively evaluated for impairment $ 1,301 $ 3,230 $ 427 $ 185 $ 1,007 $ 6,150 Loans receivable: Ending balance, June 30, 2018 $ 143,323 $ 281,525 $ 53,178 $ 16,635 $ 88,096 $ 582,757 Ending balance, June 30, 2018 of loans individually evaluated for impairment $ 573 $ 527 $ 207 $ 101 $ 92 $ 1,500 Ending balance, June 30, 2018 of loans collectively evaluated for impairment $ 142,750 $ 280,998 $ 52,971 $ 16,534 $ 88,004 $ 581,257 Residential Commercial Home 1-4 Family Real Estate Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Beginning balance, April 1, 2017 $ 1,251 $ 2,278 $ 471 $ 210 $ 865 $ 5,075 Charge-offs - - - (90 ) (99 ) (189 ) Recoveries - - 34 3 - 37 Provision - 100 - 102 100 302 Ending balance, June 30, 2017 $ 1,251 $ 2,378 $ 505 $ 225 $ 866 $ 5,225 Allowance for loan losses: Beginning balance, January 1, 2017 $ 1,241 $ 2,079 $ 460 $ 193 $ 797 $ 4,770 Charge-offs - - - (99 ) (99 ) (198 ) Recoveries - - 39 11 - 50 Provision 10 299 6 120 168 603 Ending balance, June 30, 2017 $ 1,251 $ 2,378 $ 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 $ 1,251 $ 2,378 $ 505 $ 187 $ 866 $ 5,187 Loans receivable: Ending balance, June 30, 2017 $ 140,346 $ 246,005 $ 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 $ 139,846 $ 245,554 $ 48,961 $ 15,149 $ 58,019 $ 507,529 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, 2018 Special Pass Mention Substandard Doubtful Loss Total (In Thousands) Real estate loans: Residential 1-4 family $ 111,190 $ - $ 1,124 $ - $ - $ 112,314 Residential 1-4 family construction 30,672 - 337 - - 31,009 Commercial real estate 213,816 - 2,448 - - 216,264 Commercial construction and development 36,581 - - - - 36,581 Farmland 28,680 - - - - 28,680 Other loans: Home equity 52,971 - 207 - - 53,178 Consumer 16,484 - 151 - - 16,635 Commercial 69,837 - 114 - - 69,951 Agricultural 17,747 - 398 - - 18,145 Total $ 577,978 $ - $ 4,779 $ - $ - $ 582,757 December 31, 2017 Special Pass Mention Substandard Doubtful Loss Total (In Thousands) Real estate loans: Residential 1-4 family $ 109,167 $ - $ 744 $ - $ - $ 109,911 Residential 1-4 family construction 24,850 - 456 - - 25,306 Commercial real estate 194,502 - 303 - - 194,805 Commercial construction and development 38,351 - - - - 38,351 Farmland 11,627 - - - - 11,627 Other loans: Home equity 52,430 - 242 - - 52,672 Consumer 15,549 - 136 - 27 15,712 Commercial 63,165 - 113 - 22 63,300 Agricultural 2,563 - - - - 2,563 Total $ 512,204 $ - $ 1,994 $ - $ 49 $ 514,247 Credit risk profile based on payment activity of the loan portfolio was as follows: June 30, 2018 Restructured Performing Loans Nonperforming Total (In Thousands) Real estate loans: Residential 1-4 family $ 111,948 $ - $ 366 $ 112,314 Residential 1-4 family construction 30,672 - 337 31,009 Commercial real estate 215,737 - 527 216,264 Commercial construction and development 36,581 - - 36,581 Farmland 28,680 - - 28,680 Other loans: Home equity 52,971 - 207 53,178 Consumer 16,534 - 101 16,635 Commercial 69,830 - 121 69,951 Agricultural 18,145 - - 18,145 Total $ 581,098 $ - $ 1,659 $ 582,757 December 31, 2017 Restructured Performing Loans Nonperforming Total (In Thousands) Real estate loans: Residential 1-4 family $ 109,436 $ - $ 475 $ 109,911 Residential 1-4 family construction 25,306 - - 25,306 Commercial real estate 194,805 - - 194,805 Commercial construction and development 38,351 - - 38,351 Farmland 11,627 - - 11,627 Other loans: Home equity 52,430 - 242 52,672 Consumer 15,559 - 153 15,712 Commercial 63,193 - 107 63,300 Agricultural 2,563 - - 2,563 Total $ 513,270 $ - $ 977 $ 514,247 The following tables include information regarding delinquencies within the loan portfolio. June 30, 2018 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) Real estate loans: Residential 1-4 family $ 241 $ 130 $ 371 $ 236 $ 111,707 $ 112,314 Residential 1-4 family construction 531 - 531 337 30,141 31,009 Commercial real estate 822 - 822 527 214,915 216,264 Commercial construction and development 26 - 26 - 36,555 36,581 Farmland - - - 28,680 28,680 Other loans: Home equity 340 - 340 207 52,631 53,178 Consumer 211 - 211 101 16,323 16,635 Commercial 559 29 588 92 69,271 69,951 Agricultural - - - - 18,145 18,145 Total $ 2,730 $ 159 $ 2,889 $ 1,500 $ 578,368 $ 582,757 December 31, 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) Real estate loans: Residential 1-4 family $ 898 $ - $ 898 $ 475 $ 108,538 $ 109,911 Residential 1-4 family construction 409 - 409 - 24,897 25,306 Commercial real estate 291 - 291 - 194,514 194,805 Commercial construction and development - - - - 38,351 38,351 Farmland - - - - 11,627 11,627 Other loans: Home equity 212 - 212 242 52,218 52,672 Consumer 111 - 111 153 15,448 15,712 Commercial 116 - 116 107 63,077 63,300 Agricultural - - - - 2,563 2,563 Total $ 2,037 $ - $ 2,037 $ 977 $ 511,233 $ 514,247 The following tables include information regarding impaired loans. June 30, 2018 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) With no related allowance: Real estate loans: Residential 1-4 family $ 236 $ 254 $ - Residential 1-4 family construction 337 387 - Commercial real estate 527 528 - Commercial construction and development - - - Farmland - - - Other loans: Home equity 207 242 - Consumer 101 153 - Commercial 92 96 - Agricultural - - - With a related allowance: Real estate loans: Residential 1-4 family - - - Residential 1-4 family construction - - - Commercial real estate - - - Commercial construction and development - - - Farmland - - - Other loans: Home equity - - - Consumer - - - Commercial - - - Agricultural - - - Total: Real estate loans: Residential 1-4 family 236 254 - Residential 1-4 family construction 337 387 - Commercial real estate 527 528 - Commercial construction and development - - - Farmland - - - Other loans: Home equity 207 242 - Consumer 101 153 - Commercial 92 96 - Agricultural - - - Total $ 1,500 $ 1,660 $ - December 31, 2017 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) With no related allowance: Real estate loans: Residential 1-4 family $ 475 $ 487 $ - Residential 1-4 family construction - - - Commercial real estate - - - Commercial construction and development - - - Farmland - - - Other loans: Home equity 242 263 - Consumer 126 176 - Commercial 85 87 - Agricultural - - - With a related allowance: Real estate loans: Residential 1-4 family - - - Residential 1-4 family construction - - - Commercial real estate - - - Commercial construction and development - - - Farmland - - - Other loans: Home equity - - - Consumer 27 27 27 Commercial 22 22 22 Agricultural - - - Total: Real estate loans: Residential 1-4 family 475 487 - Residential 1-4 family construction - - - Commercial real estate - - - Commercial construction and development - - - Farmland - - - Other loans: Home equity 242 263 - Consumer 153 203 27 Commercial 107 109 22 Agricultural - - - Total $ 977 $ 1,062 $ 49 Three Months Ended Six Months Ended June 30, June 30, 2018 2017 2018 2017 Average Recorded Investment (In Thousands) Real estate loans: Residential 1-4 family $ 553 $ 360 $ 356 $ 360 Residential 1-4 family construction 396 - 168 - Commercial real estate 1,026 226 264 226 Commercial construction and development - - - - Farmland - - - - Other loans: Home equity 224 320 225 323 Consumer 105 140 127 120 Commercial 127 179 99 105 Agricultural - - - - Total $ 2,431 $ 1,225 $ 1,239 $ 1,134 Interest income recognized on impaired loans for the three six June 30, 2018 2017 |