Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 3 Loans, net of deferred fees and costs and excluding loans held for sale, at September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 Commercial $ 322,209 $ 304,247 Commercial real estate: Construction and land development 269,840 197,525 Commercial real estate - owner occupied 413,151 418,462 Commercial real estate - non-owner occupied 803,440 827,728 Residential real estate: Residential 366,557 338,132 Home equity 91,393 93,740 Consumer 6,865 6,615 Total loans, net of deferred fees and costs $ 2,273,455 $ 2,186,449 Acquired Loans The following information as of and for the year ended December 31, 2022 326. 310 30, December 31, 2022 December 31, 2022 Outstanding principal balance $ 125,856 Carrying amount 120,432 The outstanding principal balance and related carrying amount of purchased credit impaired loans, for which the Company applies ASC 310 30 December 31, 2022 Outstanding principal balance $ 17,788 Carrying amount 13,541 The following table presents changes in the accretable yield on acquired impaired loans, for which the Company applied ASC 310 30 December 31, 2022 Balance at January 1 $ 4,902 Accretion (2,186 ) Reclassification from nonaccretable difference 986 Other changes, net (1) (172 ) $ 3,530 __________________________ ( 1 Past Due Loans The following table shows an analysis by portfolio segment of the Company's past due loans at September 30, 2023 30- 59 Days Past Due 60-89 Days Past Due 90 Days + Past Due and Still Accruing Non Accrual Loans Total Past Due Current Total Loans Commercial $ — $ — $ — $ — $ — $ 322,209 $ 322,209 Commercial real estate: Construction and land development — — — — — 269,840 269,840 Commercial real estate - owner occupied 46 84 — 2,932 3,062 410,089 413,151 Commercial real estate - non-owner occupied 597 — — 89 686 802,754 803,440 Residential: Residential 171 306 — 494 971 365,586 366,557 Home equity 76 50 — 209 335 91,058 91,393 Consumer 3 3 — 16 22 6,843 6,865 Total $ 893 $ 443 $ — $ 3,740 $ 5,076 $ 2,268,379 $ 2,273,455 The following table shows an analysis by portfolio segment of the Company's past due loans at December 31, 2022 30- 59 Days Past Due 60-89 Days Past Due 90 Days + Past Due and Still Accruing Non Accrual Loans Total Past Due Current Total Loans Commercial $ 161 $ — $ — $ 4 $ 165 $ 304,082 $ 304,247 Commercial real estate: Construction and land development — — — — — 197,525 197,525 Commercial real estate - owner occupied 724 268 — — 992 417,470 418,462 Commercial real estate - non-owner occupied 319 — — 301 620 827,108 827,728 Residential: Residential 664 90 — 797 1,551 336,581 338,132 Home equity 104 — — 205 309 93,431 93,740 Consumer — — 16 — 16 6,599 6,615 Total $ 1,972 $ 358 $ 16 $ 1,307 $ 3,653 $ 2,182,796 $ 2,186,449 The following table is a summary of nonaccrual loans by major categories for the dates indicated (dollars in thousands): CECL Incurred Loss September 30, 2023 December 31, 2022 Nonaccrual Loans Nonaccrual Loans Total with No Allowance with an Allowance Nonaccrual Loans Nonaccrual Loans Commercial $ - $ - $ - $ 4 Commercial real estate: Construction and land development - - - - Commercial real estate-owner occupied 2,932 - 2,932 - Commercial real estate-non-owner occupied 89 - 89 301 Residential: Residential 352 142 494 797 Home equity 161 48 209 205 Consumer - 16 16 - Total $ 3,534 $ 206 $ 3,740 $ 1,307 All payments received while on non-accrual status are applied against the principal balance of the loan. The Company does not The following table represents the accrued interest receivables written off by reversing interest income during the three nine September 30, 2023 For the Three Months Ended September 30, 2023 For the Nine Months Ended September 30, 2023 Commercial $ - $ 2 Commercial real estate: Construction and land development - - Commercial real estate-owner occupied 2 10 Commercial real estate-non-owner occupied - - Residential: Residential - 3 Home equity - - Consumer - - Total accrued interest reversed $ 2 $ 15 The following table presents a nonaccrual loan analysis of collateral dependent loans as of September 30, 2023. Residential Business Commercial Owner Total Properties Assets Land Property Occupied Loans Commercial real estate: $ - $ - $ - $ 89 $ 2,932 $ 3,021 Residential: Residential 352 - - - - 352 Home equity 161 - - - - 161 Total collateral dependent loans $ 513 $ - $ - $ 89 $ 2,932 $ 3,534 The allowance for credit losses incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon asset origination or acquisition. The starting point for the estimate of the allowance for credit losses is historical loss information, which includes losses from modifications of receivables to borrowers experiencing financial difficulty. The Company uses a probability of default/loss given default model to determine the allowance for credit losses. An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Because the effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit losses because of the measurement methodologies used to estimate the allowance, a change to the allowance for credit losses is generally not one may The following table shows the amortized cost basis of the three three four nine September 30, 2023. Term Extension Amortized Cost Basis % of Total Loan Type Financial Effect Commercial real estate-owner occupied $ 2,359 0.57 % Added a year to the term of one loan with principal deferment. Commercial real estate-nonowner occupied 2,536 0.32 Interest rate reduction and term extension. Residential real estate 9 - Term extension. Commercial real estate-owner occupied 426 0.10 Term extension. Impaired Loans The following table presents the Company's impaired loan balances by portfolio segment, excluding acquired impaired loans, at December 31, 2022 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ — $ — $ — $ — $ — Commercial real estate: Construction and land development — — — — — Commercial real estate - owner occupied 2,420 2,420 — 1,454 108 Commercial real estate - non-owner occupied 1,360 1,359 — 1,186 40 Residential: Residential 1,149 1,156 — 935 21 Home equity 165 165 — 93 — Consumer — — — — — $ 5,094 $ 5,100 $ — $ 3,668 $ 169 With a related allowance recorded: Commercial $ — $ — $ — $ 139 $ — Commercial real estate: Construction and land development — — — — — Commercial real estate - owner occupied — — — — — Commercial real estate - non-owner occupied (1) — — — — — Residential: Residential (1) — — — 41 — Home equity — — — — — Consumer — — — 38 — $ — $ — $ — $ 218 $ — Total: Commercial $ — $ — $ — $ 139 $ — Commercial real estate: Construction and land development — — — — — Commercial real estate - owner occupied 2,420 2,420 — 1,454 108 Commercial real estate - non-owner occupied 1,360 1,359 — 1,186 40 Residential: Residential 1,149 1,156 — 976 21 Home equity 165 165 — 93 — Consumer — — — 38 — $ 5,094 $ 5,100 $ — $ 3,886 $ 169 __________________________ ( 1 zero In the table above, recorded investment may Residential Real Estate in Process of Foreclosure The Company h ad $23 thou September 30, 2023 December 31, 2022. September 30, 2023 December 31, 2022. Risk Grades Loans classified in the Pass category typically are fundamentally sound, and risk factors are reasonable and acceptable. Loans classified in the Special Mention category typically have been criticized internally, by loan review or the loan officer, or by external regulators under the current credit policy regarding risk grades. Loans classified in the Substandard category typically have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt, and they are typically characterized by the possibility that the Bank will sustain some loss if the deficiencies are not Loans classified in the Doubtful category typically have all the weaknesses inherent in loans classified as substandard, plus the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. However, these loans are not may may The following table shows the Company's recorded investment in loans by credit quality indicators further disaggregated by year of origination as of September 30, 2023 (dollars in thousands): Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Revolving Total Commercial Pass $ 32,493 $ 39,259 $ 56,532 $ 19,732 $ 9,918 $ 26,263 $ 123,200 $ 307,397 Special Mention 95 1,136 2,279 74 474 1,628 4,603 10,289 Substandard - 145 18 - 368 1,022 2,970 4,523 Total commercial $ 32,588 $ 40,540 $ 58,829 $ 19,806 $ 10,760 $ 28,913 $ 130,773 $ 322,209 Current period gross write-offs $ - $ - $ (360 ) $ - $ - $ - $ - $ (360 ) Construction and land development Pass $ 35,441 $ 65,601 $ 121,106 $ 7,539 $ 5,383 $ 16,523 $ 6,905 $ 258,498 Special Mention - 7,661 3,575 - - - - 11,236 Substandard - - - - - 106 - 106 Total construction and land development $ 35,441 $ 73,262 $ 124,681 $ 7,539 $ 5,383 $ 16,629 $ 6,905 $ 269,840 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - owner occupied Pass $ 22,939 $ 62,403 $ 100,457 $ 43,938 $ 24,956 $ 139,317 $ 7,897 $ 401,907 Special Mention - - 1,363 229 - 801 3,275 5,668 Substandard - - - 2,359 - 2,791 426 5,576 Total commercial real estate - owner occupied $ 22,939 $ 62,403 $ 101,820 $ 46,526 $ 24,956 $ 142,909 $ 11,598 $ 413,151 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied Pass $ 32,400 $ 145,445 $ 194,531 $ 131,640 $ 58,943 $ 222,755 $ 6,459 $ 792,173 Special Mention - - - - 319 2,164 - 2,483 Substandard 3,097 - 1,340 1,474 1,869 1,004 - 8,784 Total commercial real estate - non-owner occupied $ 35,497 $ 145,445 $ 195,871 $ 133,114 $ 61,131 $ 225,923 $ 6,459 $ 803,440 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 59,660 $ 96,791 $ 86,351 $ 24,725 $ 14,419 $ 65,774 $ 15,773 $ 363,493 Special Mention - 258 201 - 310 785 - 1,554 Substandard - - 262 126 - 1,122 - 1,510 Total residential $ 59,660 $ 97,049 $ 86,814 $ 24,851 $ 14,729 $ 67,681 $ 15,773 $ 366,557 Current period gross write-offs $ - $ - $ - $ - $ - $ (6 ) $ - $ (6 ) Home equity Pass $ - $ - $ - $ - $ - $ - $ 90,853 $ 90,853 Special Mention - - - - - - - - Substandard - - - - - - 540 540 Total home equity $ - $ - $ - $ - $ - $ - $ 91,393 $ 91,393 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer Pass $ 2,172 $ 1,460 $ 556 $ 262 $ 163 $ 1,708 $ 521 $ 6,842 Special Mention - - - - - - - - Substandard - 4 - - - 17 2 23 Total consumer $ 2,172 $ 1,464 $ 556 $ 262 $ 163 $ 1,725 $ 523 $ 6,865 Current period gross write-offs $ - $ - $ (6 ) $ - $ - $ (56 ) $ (1 ) $ (63 ) The following tables show the Company's loan portfolio broken down by internal risk grading as of December 31, 2022 Commercial and Consumer Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Construction and Land Development Commercial Real Estate -Owner Occupied Commercial Real Estate - Non-owner Occupied Residential Home Equity Pass $ 288,041 $ 197,331 $ 405,223 $ 826,844 $ 333,124 $ 93,062 Special Mention 10,657 — 2,388 239 1,577 — Substandard 5,548 194 10,851 645 3,431 678 Doubtful 1 — — — — — Total $ 304,247 $ 197,525 $ 418,462 $ 827,728 $ 338,132 $ 93,740 Consumer Credit Exposure Credit Risk Profile Based on Payment Activity Consumer Performing $ 6,599 Nonperforming 16 Total $ 6,615 |