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, 2021 2020 (In thousands) Commercial: Paycheck Protection Program ("PPP") loans $ 45,888 $ 186,945 Other 187,202 207,861 Total Commercial 233,090 394,806 Commercial Real Estate 535,261 564,300 Construction 48 129 Residential Real Estate 18,133 23,471 Consumer Installment & Other 281,594 273,537 Total $ 1,068,126 $ 1,256,243 PPP loans are guaranteed by the Small Business Administration (“SBA”). PPP loan proceeds used for eligible payroll and certain other operating costs are eligible for forgiveness, with repayment of loan principal and accrued interest made by the SBA. Management does not no 2019. Allowance for Credit Losses For the Year Ended December 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 (Reversal) provision (2,411 ) 126 (4 ) (2 ) 2,293 2 Chargeoffs (56 ) - - - (3,192 ) (3,248 ) Recoveries 228 743 - - 1,935 2,906 Total allowance for credit losses $ 6,966 $ 6,529 $ 2 $ 45 $ 9,972 $ 23,514 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 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 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, 2021 Commercial Commercial Real Estate Construction Residential Real Estate Consumer Installment and Other Total (In thousands) Grade: Pass $ 232,710 $ 521,300 $ 48 $ 16,874 $ 278,922 $ 1,049,854 Substandard 380 13,961 - 1,259 1,207 16,807 Doubtful - - - - 931 931 Loss - - - - 534 534 Total $ 233,090 $ 535,261 $ 48 $ 18,133 $ 281,594 $ 1,068,126 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 December 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 $ 232,444 $ 383 $ 263 $ - $ - $ 233,090 Commercial real estate 534,748 223 - - 290 535,261 Construction 48 - - - - 48 Residential real estate 17,855 141 - - 137 18,133 Consumer installment and other 276,793 3,184 1,013 339 265 281,594 Total $ 1,061,888 $ 3,931 $ 1,276 $ 339 $ 692 $ 1,068,126 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 December 31, 2021 December 31, 2020. December 31, 2021 December 31, 2020. The following tables provide information on impaired loans during the year ended December 31, 2019: Impaired Loans For the Year Ended December 31, 2019 Average Recognized Recorded Interest Investment Income (In thousands) Commercial $ 8,412 $ 140 Commercial real estate 7,428 139 Residential real estate 191 3 Consumer installment and other 44 1 Total $ 16,075 $ 283 The following tables provide information on troubled debt restructurings (TDRs): Troubled Debt Restructurings At December 31, 2021 Period-End Individual Number of Pre-Modification Period-End Credit Loss Contracts Carrying Value Carrying Value Allowance ($ in thousands) Commercial real estate 2 $ 2,785 $ 1,793 $ - Residential real estate 1 241 172 - Total 3 $ 3,026 $ 1,965 $ - 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 year ended December 31 2021 December 31, 2020, not 4013 19 December 31, 2021 December 31, 2020, 4013 90 December 31, 2021, not December 31, 2020, December 31, 2020, no December 31, 2021 December 31, 2020. December 31, 2021 December 31, 2020, 12 90 TDRs of $1,965 thousand included no loans on nonaccrual status at December 31, 2021. December 31, 2020; A loan is considered collateral dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. The following loans were considered collateral dependent at December 31, 2021: one no December 31, 2021. December 31, 2020: 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, 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 $ 34,784 $ 3,999 $ 8,690 $ 16,919 $ 30,694 $ 98,799 $ 193,885 $ 38,825 $ 232,710 Substandard 32 - - - - 57 89 291 380 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 34,816 $ 3,999 $ 8,690 $ 16,919 $ 30,694 $ 98,856 $ 193,974 $ 39,116 $ 233,090 At December 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 $ 116,181 $ 87,921 $ 78,200 $ 78,647 $ 83,642 $ 76,709 $ 521,300 $ - $ 521,300 Substandard 10,993 - - 2,016 823 129 13,961 - 13,961 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 127,174 $ 87,921 $ 78,200 $ 80,663 $ 84,465 $ 76,838 $ 535,261 $ - $ 535,261 At December 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 $ - $ - $ - $ - $ - $ - $ - $ 48 $ 48 Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ - $ - $ - $ - $ - $ - $ - $ 48 $ 48 At December 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 $ 16,874 $ - $ - $ - $ - $ - $ 16,874 $ - $ 16,874 Substandard 1,259 - - - - - 1,259 - 1,259 Doubtful - - - - - - - - - Loss - - - - - - - - - Total $ 18,133 $ - $ - $ - $ - $ - $ 18,133 $ - $ 18,133 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, 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 $ 7,884 $ 10,162 $ 25,932 $ 37,999 $ 58,178 $ 113,899 $ 254,054 $ 22,739 $ 276,793 30-59 days past due 197 139 634 504 662 1,034 3,170 14 3,184 60-89 days past due 5 20 156 150 186 408 925 88 1,013 Past due 90 days or more 1 17 81 62 109 40 310 29 339 Nonaccrual - - - - - - - 265 265 Total $ 8,087 $ 10,338 $ 26,803 $ 38,715 $ 59,135 $ 115,381 $ 258,459 $ 23,135 $ 281,594 There were no loans held for sale at December 31, 2021, December 31, 2020. The Company held no other real estate owned (OREO) at December 31, 2021 December 31, 2020. December 31, 2021 December 31, 2020. |