Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block] | Note 3. Loans at June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Real estate loans: Construction and land development $ 31,981 $ 43,164 Secured by 1-4 family residential 234,188 229,438 Other real estate loans 248,495 236,555 Commercial and industrial loans 124,706 50,153 Consumer and other loans 12,146 15,036 Total loans $ 651,516 $ 574,346 Allowance for loan losses (6,296 ) (4,934 ) Loans, net $ 645,220 $ 569,412 Net deferred loan fees included in the above loan categories were $2.2 million and $340 thousand at June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Risk characteristics of each loan portfolio class that are considered by the Company include: • 1 4 • Real estate construction and land development loans carry risks that the project may not may not may, may may not may • Other real estate loans carry risks associated with the successful operation of a business or a real estate project, in addition to other risks associated with the ownership of real estate, because repayment of these loans may • Commercial and industrial loans carry risks associated with the successful operation of a business because repayment of these loans may may • Consumer and other loans carry risk associated with the continued creditworthiness of the borrower and the value of the collateral, if any. These loans are typically either unsecured or secured by rapidly depreciating assets such as automobiles. They are also likely to be immediately and adversely affected by job loss, divorce, illness, personal bankruptcy, or other changes in circumstances. Consumer and other loans also include purchased consumer loans which could have been originated outside of the Company's market area. The following tables provide a summary of loan classes and an aging of past due loans as of June 30, 2020 December 31, 2019 June 30, 2020 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total Loans Non-accrual Loans 90 Days or More Past Due and Accruing Real estate loans: Construction and land development $ — $ — $ 110 $ 110 $ 31,871 $ 31,981 $ 400 $ — Secured by 1-4 family residential 526 354 166 1,046 233,142 234,188 497 — Other real estate loans 134 — 541 675 247,820 248,495 583 — Commercial and industrial 96 59 — 155 124,551 124,706 — — Consumer and other loans 42 16 1 59 12,087 12,146 — 1 Total $ 798 $ 429 $ 818 $ 2,045 $ 649,471 $ 651,516 $ 1,480 $ 1 December 31, 2019 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total Loans Non-accrual Loans 90 Days or More Past Due and Accruing Real estate loans: Construction and land development $ — $ 136 $ 30 $ 166 $ 42,998 $ 43,164 $ 367 $ 30 Secured by 1-4 family residential 1,428 306 115 1,849 227,589 229,438 630 67 Other real estate loans 457 — 416 873 235,682 236,555 462 — Commercial and industrial 45 50 — 95 50,058 50,153 — — Consumer and other loans 83 79 — 162 14,874 15,036 — — Total $ 2,013 $ 571 $ 561 $ 3,145 $ 571,201 $ 574,346 $ 1,459 $ 97 Credit Quality Indicators As part of the ongoing monitoring of the credit quality of the Company’s loan portfolio, management tracks certain credit quality indicators including trends related to the risk grading of specified classes of loans. The Company utilizes a risk grading matrix to assign a rating to each of its loans. The loan ratings are summarized into the following categories: pass, special mention, substandard, doubtful, and loss. Pass rated loans include all risk rated credits other than those included in special mention, substandard, or doubtful. Loans classified as loss are charged-off. Loan officers assign risk grades to loans at origination and as renewals arise. The Bank’s Credit Administration department reviews risk grades for accuracy on a quarterly basis and as credit issues arise. In addition, a certain amount of loans are reviewed each year through the Company’s internal and external loan review process. A description of the general characteristics of the loan grading categories is as follows: Pass – Special Mention – may Substandard – not Doubtful – Loss – not The following tables provide an analysis of the credit risk profile of each loan class as of June 30, 2020 December 31, 2019 June 30, 2020 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 31,424 $ — $ 557 $ — $ 31,981 Secured by 1-4 family residential 232,924 514 750 — 234,188 Other real estate loans 241,322 — 7,173 — 248,495 Commercial and industrial 121,570 1,520 1,616 — 124,706 Consumer and other loans 12,146 — — — 12,146 Total $ 639,386 $ 2,034 $ 10,096 $ — $ 651,516 December 31, 2019 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 42,636 $ — $ 528 $ — $ 43,164 Secured by 1-4 family residential 228,029 524 885 — 229,438 Other real estate loans 233,240 537 2,778 — 236,555 Commercial and industrial 48,527 948 678 — 50,153 Consumer and other loans 10,976 4,060 — — 15,036 Total $ 563,408 $ 6,069 $ 4,869 $ — $ 574,346 |