Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 3: A summary of the major categories of loans outstanding is shown in the following tables at the dates indicated. At December 31, 2020 2019 (In thousands) Commercial: Paycheck Protection Program ("PPP") loans $ 186,945 $ - Other 207,861 222,085 Total commercial 394,806 222,085 Commercial Real Estate 564,300 578,758 Construction 129 1,618 Residential Real Estate 23,471 32,748 Consumer Installment & Other 273,537 291,455 Total $ 1,256,243 $ 1,126,664 The following summarizes activity in the allowance for loan losses/credit losses: Allowance for Credit Losses For the Year Ended December 31, 2020 Consumer Commercial Residential Installment Commercial Real Estate Construction Real Estate and Other Unallocated Total (In thousands) Allowance for credit losses: Balance at beginning of period, prior to adoption of ASU 2016-13 $ 4,959 $ 4,064 $ 109 $ 206 $ 6,445 $ 3,701 $ 19,484 Impact of adopting ASU 2016-13 3,385 618 (31 ) (132 ) 1,878 (3,701 ) 2,017 Adjusted beginning balance 8,344 4,682 78 74 8,323 - 21,501 Provision (reversal) 746 929 (72 ) (27 ) 2,731 - 4,307 Chargeoffs (236 ) - - - (3,963 ) - (4,199 ) Recoveries 351 49 - - 1,845 - 2,245 Total allowance for credit losses $ 9,205 $ 5,660 $ 6 $ 47 $ 8,936 $ - $ 23,854 The growth in commercial loan balances was due to originations of PPP loans which are 100% not Allowance for Loan Losses For the Twelve Months Ended December 31, 2019 Consumer Commercial Residential Installment Commercial Real Estate Construction Real Estate and Other Unallocated Total (In thousands) Allowance for loan losses: Balance at beginning of period $ 6,311 $ 3,884 $ 1,465 $ 869 $ 5,645 $ 3,177 $ 21,351 (Reversal) provision (2,023 ) (16 ) (1,356 ) (663 ) 3,534 524 - Chargeoffs (97 ) - - - (4,473 ) - (4,570 ) Recoveries 768 196 - - 1,739 - 2,703 Total allowance for loan losses $ 4,959 $ 4,064 $ 109 $ 206 $ 6,445 $ 3,701 $ 19,484 Allowance for Loan Losses For the Twelve Months Ended December 31, 2018 Consumer Commercial Residential Installment Commercial Real Estate Construction Real Estate and Other Unallocated Total (In thousands) Allowance for loan losses: Balance at beginning of period $ 7,746 $ 3,849 $ 335 $ 995 $ 6,418 $ 3,666 $ 23,009 (Reversal) provision (2,369 ) 275 1,130 (126 ) 1,579 (489 ) - Chargeoffs (513 ) (240 ) - - (4,124 ) - (4,877 ) Recoveries 1,447 - - - 1,772 - 3,219 Total allowance for loan losses $ 6,311 $ 3,884 $ 1,465 $ 869 $ 5,645 $ 3,177 $ 21,351 The allowance for loan losses and recorded investment in loans evaluated for impairment were as follows: Allowance for Loan Losses and Recorded Investment in Loans Evaluated for Impairment At December 31, 2019 Commercial Commercial Real Estate Construction Residential Real Estate Consumer Installment and Other Unallocated Total (In thousands) Allowance for loan losses: Individually evaluated for impairment $ 2,413 $ - $ - $ - $ - $ - $ 2,413 Collectively evaluated for impairment 2,546 4,064 109 206 6,445 3,701 17,071 Total $ 4,959 $ 4,064 $ 109 $ 206 $ 6,445 $ 3,701 $ 19,484 Carrying value of loans: Individually evaluated for impairment $ 8,182 $ 7,409 $ - $ 190 $ 43 $ - $ 15,824 Collectively evaluated for impairment 213,903 571,349 1,618 32,558 291,412 - 1,110,840 Total $ 222,085 $ 578,758 $ 1,618 $ 32,748 $ 291,455 $ - $ 1,126,664 The Company’s customers are small businesses, professionals and consumers. Given the scale of these borrowers, corporate credit rating agencies do not The following summarizes the credit risk profile by internally assigned grade: Credit Risk Profile by Internally Assigned Grade At December 31, 2020 Commercial Commercial Real Estate Construction Residential Real Estate Consumer Installment and Other Total (In thousands) Grade: Pass $ 386,144 $ 545,398 $ 129 $ 22,105 $ 270,925 $ 1,224,701 Substandard 8,662 18,902 - 1,366 1,498 30,428 Doubtful - - - - 543 543 Loss - - - - 571 571 Total $ 394,806 $ 564,300 $ 129 $ 23,471 $ 273,537 $ 1,256,243 Credit Risk Profile by Internally Assigned Grade At December 31, 2019 Commercial Commercial Real Estate Construction Residential Real Estate Consumer Installment and Other Total (In thousands) Grade: Pass $ 213,542 $ 567,525 $ 1,618 $ 31,055 $ 289,424 $ 1,103,164 Substandard 8,543 11,233 - 1,693 1,329 22,798 Doubtful - - - - 308 308 Loss - - - - 394 394 Total $ 222,085 $ 578,758 $ 1,618 $ 32,748 $ 291,455 $ 1,126,664 The following tables summarize loans by delinquency and nonaccrual status: Summary of Loans by Delinquency and Nonaccrual Status At December 31, 2020 Current and Accruing 30-59 Days Past Due and Accruing 60-89 Days Past Due and Accruing Past Due 90 Days or More and Accruing Nonaccrual Total Loans (In thousands) Commercial 394,004 $ 713 $ 6 $ - $ 83 $ 394,806 Commercial real estate 560,580 - - - 3,720 564,300 Construction 129 - - - - 129 Residential real estate 22,269 770 271 - 161 23,471 Consumer installment and other 270,240 2,010 472 450 365 273,537 Total $ 1,247,222 $ 3,493 $ 749 $ 450 $ 4,329 $ 1,256,243 Summary of Loans by Delinquency and Nonaccrual Status At December 31, 2019 Current and Accruing 30-59 Days Past Due and Accruing 60-89 Days Past Due and Accruing Past Due 90 Days or More and Accruing Nonaccrual Total Loans (In thousands) Commercial $ 221,199 $ 531 $ 158 $ - $ 197 $ 222,085 Commercial real estate 573,809 432 421 - 4,096 578,758 Construction 1,618 - - - - 1,618 Residential real estate 31,934 274 540 - - 32,748 Consumer installment and other 286,391 2,960 1,517 440 147 291,455 Total $ 1,114,951 $ 4,197 $ 2,636 $ 440 $ 4,440 $ 1,126,664 There was no allowance for credit losses allocated to loans on nonaccrual status as of December 31, 2020. December 31, 2020 December 31, 2019. The following summarizes impaired loans as of December 31, 2019: Impaired Loans At December 31, 2019 Unpaid Recorded Principal Related Investment Balance Allowance (In thousands) With no related allowance recorded: Commercial $ 21 $ 21 $ - Commercial real estate 7,408 8,856 - Residential real estate 190 220 - Consumer installment and other 43 43 - Total with no related allowance recorded 7,662 9,140 - With an allowance recorded: Commercial 8,160 8,160 2,413 Total with an allowance recorded 8,160 8,160 2,413 Total $ 15,822 $ 17,300 $ 2,413 Impaired loans at December 31, 2019, Impaired Loans For the Twelve Months Ended December 31, 2019 2018 Average Recognized Average Recognized Recorded Interest Recorded Interest Investment Income Investment Income (In thousands) Commercial $ 8,412 $ 140 $ 10,532 $ 667 Commercial real estate 7,428 139 11,703 758 Residential real estate 191 3 269 19 Consumer installment and other 44 1 254 14 Total $ 16,075 $ 283 $ 22,758 $ 1,458 The following tables provide information on troubled debt restructurings (TDRs): Troubled Debt Restructurings At December 31, 2020 Period-End Individual Number of Pre-Modification Period-End Credit Loss Contracts Carrying Value Carrying Value Allowance ($ in thousands) Commercial real estate 6 $ 8,367 $ 6,040 $ - Residential real estate 1 241 181 - Total 7 $ 8,608 $ 6,221 $ - Troubled Debt Restructurings At December 31, 2019 Period-End Individual Number of Pre-Modification Period-End Impairment Contracts Carrying Value Carrying Value Allowance ($ in thousands) Commercial 2 $ 278 $ 32 $ 11 Commercial real estate 6 8,367 6,492 - Residential real estate 1 241 189 - Total 9 $ 8,886 $ 6,713 $ 11 During the year ended December 31, 2020, not 4013 19 December 31, 2020, 4013 90 December 31, 2020, December 31, 2020, December 31, 2019, not December 31, 2020 2019. December 31, 2020 2019, 12 ninety TDRs of $6,221 thousand included loans of $3,420 thousand on nonaccrual status at December 31, 2020. one December 31, 2020. Four December 31, 2020. December 31, 2020, 90 two no December 31, 2020. Based on the most recent analysis performed, the risk category of loans by class of loans is as follows: At December 31, 2020 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2016 2017 2018 2019 2020 Term Loans Cost Basis Total (In thousands) Commercial loans by grade Pass $ 24,998 $ 25,041 $ 10,669 $ 19,307 $ 41,672 $ 219,521 $ 341,208 $ 44,936 $ 386,144 Substandard 82 - - 13 - 7,584 7,679 983 8,662 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 25,080 $ 25,041 $ 10,669 $ 19,320 $ 41,672 $ 227,105 $ 348,887 $ 45,919 $ 394,806 At Decmber 31, 2020 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2016 2017 2018 2019 2020 Term Loans Cost Basis Total (In thousands) Commercial real estate loans by grade Pass $ 125,696 $ 42,237 $ 100,617 $ 93,243 $ 90,219 $ 93,386 $ 545,398 $ - $ 545,398 Substandard 6,009 9,905 105 - 2,043 840 18,902 - 18,902 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 131,705 $ 52,142 $ 100,722 $ 93,243 $ 92,262 $ 94,226 $ 564,300 $ - $ 564,300 At December 31, 2020 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2016 2017 2018 2019 2020 Term Loans Cost Basis Total (In thousands) Construction loans by grade Pass $ - $ - $ - $ - $ - $ - $ - $ 129 $ 129 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ - $ - $ - $ - $ - $ - $ - $ 129 $ 129 At December 31, 2020 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2016 2017 2018 2019 2020 Term Loans Cost Basis Total (In thousands) Residential Real Estate loans by grade Pass $ 22,105 $ - $ - $ - $ - $ - $ 22,105 $ - $ 22,105 Substandard 1,366 - - - - - 1,366 - 1,366 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 23,471 $ - $ - $ - $ - $ - $ 23,471 $ - $ 23,471 The Company considers the delinquency and nonaccrual status of the consumer loan portfolio and its impact on the allowance for credit losses. The following table presents the amortized cost in consumer installment and other loans based on delinquency and nonaccrual status: At December 31, 2020 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2016 2017 2018 2019 2020 Term Loans Cost Basis Total (In thousands) Consumer installment and other loans by delinquency and nonaccrual status Current $ 8,657 $ 15,766 $ 21,167 $ 47,359 $ 62,271 $ 86,953 $ 242,173 $ 28,067 $ 270,240 30-59 days past due 125 86 200 620 519 428 1,978 32 2,010 60-89 days past due 40 19 115 40 165 76 455 17 472 Past due 90 days or more 33 49 50 131 142 43 448 2 450 Nonaccrual - - - - - - - 365 365 Total $ 8,855 $ 15,920 $ 21,532 $ 48,150 $ 63,097 $ 87,500 $ 245,054 $ 28,483 $ 273,537 There were no loans held for sale at December 31, 2020 December 31, 2019. The Company held no other real estate owned (OREO) at December 31, 2020 December 31, 2019. December 31, 2019. December 31, 2019. December 31, 2020 December 31, 2019. |