Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 4: A summary of the major categories of loans outstanding is shown in the following tables at the dates indicated. At March 31, At December 31, 2021 2020 (In thousands) Commercial: Paycheck Protection Program ("PPP") loans $ 232,898 $ 186,945 Other 215,744 207,861 Total Commercial 448,642 394,806 Commercial Real Estate 548,802 564,300 Construction 115 129 Residential Real Estate 21,552 23,471 Consumer Installment & Other 274,645 273,537 Total $ 1,293,756 $ 1,256,243 The following summarizes activity in the allowance for credit losses: Allowance for Credit Losses For the Three Months Ended March 31, 2021 Consumer Commercial Residential Installment Commercial Real Estate Construction Real Estate and Other Total (In thousands) Allowance for credit losses: Balance at beginning of period $ 9,205 $ 5,660 $ 6 $ 47 $ 8,936 $ 23,854 Provision (reversal) 336 (167 ) - (4 ) (165 ) - Chargeoffs - - - - (929 ) (929 ) Recoveries 13 12 - - 533 558 Total allowance for credit losses $ 9,554 $ 5,505 $ 6 $ 43 $ 8,375 $ 23,483 The growth in commercial loan balances was due to originations of Paycheck Protection Program (“PPP”) loans which are 100% not Allowance for Credit Losses For the Three Months Ended March 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) 27 59 29 (4 ) 4,189 - 4,300 Chargeoffs (178 ) - - - (1,395 ) - (1,573 ) Recoveries 143 12 - - 421 - 576 Total allowance for credit losses $ 8,336 $ 4,753 $ 107 $ 70 $ 11,538 $ - $ 24,804 The significant increase in the first 2020 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 March 31, 2021 Commercial Commercial Real Estate Construction Residential Real Estate Consumer Installment and Other Total (In thousands) Grade: Pass $ 440,277 $ 531,702 $ 115 $ 20,215 $ 272,291 $ 1,264,600 Substandard 8,365 17,100 - 1,337 1,520 28,322 Doubtful - - - - 596 596 Loss - - - - 238 238 Total $ 448,642 $ 548,802 $ 115 $ 21,552 $ 274,645 $ 1,293,756 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 The following tables summarize loans by delinquency and nonaccrual status: Summary of Loans by Delinquency and Nonaccrual Status At March 31, 2021 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 $ 448,428 $ 214 $ - $ - $ - $ 448,642 Commercial real estate 543,356 2,028 - - 3,418 548,802 Construction 115 - - - - 115 Residential real estate 20,863 538 - - 151 21,552 Consumer installment and other 272,039 1,590 482 132 402 274,645 Total $ 1,284,801 $ 4,370 $ 482 $ 132 $ 3,971 $ 1,293,756 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 There was no allowance for credit losses allocated to loans on nonaccrual status as of March 31, 2021 December 31, 2020. March 31, 2021 December 31, 2020. The following tables provide information on troubled debt restructurings (TDRs): Troubled Debt Restructurings At March 31, 2021 Period-End Individual Number of Pre-Modification Period-End Credit Loss Contracts Carrying Value Carrying Value Allowance ($ in thousands) Commercial real estate 4 $ 7,545 $ 5,049 $ - Residential real estate 1 241 178 - Total 5 $ 7,786 $ 5,227 $ - 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 $ - During the three March 31, 2021, not 4013 19 three March 31, 2021, 4013 90 March 31, 2021,loans not three March 31, 2020, not three March 31, 2021 March 31, 2020. three March 31, 2021 March 31, 2020, 12 ninety TDRs of $5,227 thousand included a loan with a balance of $3,120 thousand on nonaccrual status at March 31, 2021. March 31, 2021. March 31, 2021. March 31, 2021, 90 no March 31, 2021. TDRs of $6,221 thousand included a loan with a balance of $3,420 thousand on nonaccrual status at December 31, 2020. December 31, 2020. Four December 31, 2020. December 31, 2020, 90 no December 31, 2020. Based on the most recent analysis performed, the risk category of loans by class of loans is as follows: At March 31, 2021 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2017 2018 2019 2020 2021 Term Loans Cost Basis Total (In thousands) Commercial loans by grade Pass $ 43,588 $ 9,477 $ 18,031 $ 35,795 $ 174,758 $ 117,247 $ 398,896 $ 41,381 $ 440,277 Substandard 38 - - - 7,409 7,447 918 8,365 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 43,626 $ 9,477 $ 18,031 $ 35,795 $ 182,167 $ 117,247 $ 406,343 $ 42,299 $ 448,642 At March 31, 2021 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2017 2018 2019 2020 2021 Term Loans Cost Basis Total (In thousands) Commercial real estate loans by grade Pass $ 157,240 $ 97,374 $ 84,990 $ 82,072 $ 89,094 $ 20,932 $ 531,702 $ - $ 531,702 Substandard 14,124 104 - 2,036 836 - 17,100 - 17,100 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 171,364 $ 97,478 $ 84,990 $ 84,108 $ 89,930 $ 20,932 $ 548,802 $ - $ 548,802 At March 31, 2021 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2017 2018 2019 2020 2021 Term Loans Cost Basis Total (In thousands) Construction loans by grade Pass $ - $ - $ - $ - $ - $ - $ - $ 115 $ 115 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ - $ - $ - $ - $ - $ - $ - $ 115 $ 115 At March 31, 2021 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2017 2018 2019 2020 2021 Term Loans Cost Basis Total (In thousands) Residential Real Estate loans by grade Pass $ 20,215 $ - $ - $ - $ - $ - $ 20,215 $ - $ 20,215 Substandard 1,337 - - - - - 1,337 - 1,337 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 21,552 $ - $ - $ - $ - $ - $ 21,552 $ - $ 21,552 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 March 31, 2021 Revolving Loans Term Loans Amortized Cost Basis by Origination Year Total Amortized Prior 2017 2018 2019 2020 2021 Term Loans Cost Basis Total (In thousands) Consumer installment and other loans by delinquency and nonaccrual status Current $ 18,845 $ 18,423 $ 41,914 $ 56,114 $ 81,237 $ 29,526 $ 246,059 $ 25,980 $ 272,039 30-59 days past due 133 99 390 358 427 51 1,458 132 1,590 60-89 days past due 48 39 21 223 106 - 437 45 482 Past due 90 days or more 21 - 41 13 53 - 128 4 132 Nonaccrual 37 - - - - - 37 365 402 Total $ 19,084 $ 18,561 $ 42,366 $ 56,708 $ 81,823 $ 29,577 $ 248,119 $ 26,526 $ 274,645 There were no loans held for sale at March 31, 2021, December 31, 2020. The Company held no other real estate owned (OREO) at March 31, 2021 December 31, 2020. March 31, 2021 December 31, 2020. |