Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. Loans Receivable and Related Allowance for Loan Losses The Corporation's loans receivable as of the respective dates are summarized as follows: (Dollar amounts in thousands) June 30, 2020 December 31, 2019 Mortgage loans on real estate: Residential first mortgages $ 306,986 $ 293,170 Home equity loans and lines of credit 93,652 97,541 Commercial real estate 264,909 229,951 Total real estate loans 665,547 620,662 Other loans: Commercial business 117,399 66,603 Consumer 28,945 14,639 Total other loans 146,344 81,242 Total loans, gross 811,891 701,904 Less allowance for loan losses 8,159 6,556 Total loans, net $ 803,732 $ 695,348 Included in total loans above are net deferred costs of $1.2 $2.6 June 30, 2020 December 31, 2019 An allowance for loan losses (ALL) is maintained to absorb probable incurred losses from the loan portfolio. The ALL is based on management's continuing evaluation of the risk characteristics and credit quality of the loan portfolio, assessment of current economic conditions, diversification and size of the portfolio, adequacy of collateral, past and anticipated loss experience and the amount of nonperforming loans. While the Corporation has historically experienced strong trends in asset quality, as a result of the situation regarding the COVID- 19 Management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the ALL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the ALL. The allowance for loan losses is based on estimates and actual losses may At June 30, 2020 no 2016 2017 2018 The following table details activity in the ALL and the recorded investment by portfolio segment based on impairment method: (Dollar amounts in thousands) Residential Mortgages Home Equity & Lines of Credit Commercial Real Estate Commercial Business Consumer Total Three months ended June 30, 2020: Allowance for loan losses: Beginning Balance $ 2,329 $ 641 $ 3,434 $ 681 $ 135 $ 7,220 Charge-offs — — — (147 ) (39 ) (186 ) Recoveries — 11 2 1 11 25 Provision 253 2 465 268 112 1,100 Ending Balance $ 2,582 $ 654 $ 3,901 $ 803 $ 219 $ 8,159 Six months ended June 30, 2020: Allowance for loan losses: Beginning Balance $ 2,309 $ 626 $ 2,898 $ 636 $ 87 $ 6,556 Charge-offs (11 ) (39 ) (73 ) (147 ) (54 ) (324 ) Recoveries — 11 5 1 18 35 Provision 284 56 1,071 313 168 1,892 Ending Balance $ 2,582 $ 654 $ 3,901 $ 803 $ 219 $ 8,159 At June 30, 2020: Ending ALL balance attributable to loans: Individually evaluated for impairment $ 1 $ — $ — $ 11 $ — $ 12 Acquired loans collectively evaluated for impairment — — — — — — Originated loans collectively evaluated for impairment 2,581 654 3,901 792 219 8,147 Total $ 2,582 $ 654 $ 3,901 $ 803 $ 219 $ 8,159 Total loans: Individually evaluated for impairment $ 344 $ 4 $ 1,734 $ 213 $ — $ 2,295 Acquired loans collectively evaluated for impairment 53,050 9,239 36,630 6,099 1,325 106,343 Originated loans collectively evaluated for impairment 253,592 84,409 226,545 111,087 27,620 703,253 Total $ 306,986 $ 93,652 $ 264,909 $ 117,399 $ 28,945 $ 811,891 At December 31, 2019: Ending ALL balance attributable to loans: Individually evaluated for impairment $ 5 $ — $ — $ — $ — $ 5 Acquired loans collectively evaluated for impairment — — — — — — Originated loans collectively evaluated for impairment 2,304 626 2,898 636 87 6,551 Total $ 2,309 $ 626 $ 2,898 $ 636 $ 87 $ 6,556 Total loans: Individually evaluated for impairment $ 358 $ 4 $ 81 $ 40 $ — $ 483 Acquired loans collectively evaluated for impairment 60,523 10,901 41,993 7,930 1,982 123,329 Originated loans collectively evaluated for impairment 232,289 86,636 187,877 58,633 12,657 578,092 Total $ 293,170 $ 97,541 $ 229,951 $ 66,603 $ 14,639 $ 701,904 Three months ended June 30, 2019: Allowance for loan losses: Beginning Balance $ 2,256 $ 650 $ 3,043 $ 635 $ 55 $ 6,639 Charge-offs (194 ) (30 ) (23 ) (63 ) (36 ) (346 ) Recoveries — — 13 — 4 17 Provision 163 22 10 43 32 270 Ending Balance $ 2,225 $ 642 $ 3,043 $ 615 $ 55 $ 6,580 Six months ended June 30, 2019: Allowance for loan losses: Beginning Balance $ 2,198 $ 648 $ 3,106 $ 500 $ 56 $ 6,508 Charge-offs (204 ) (34 ) (28 ) (134 ) (75 ) (475 ) Recoveries 40 1 28 — 28 97 Provision 191 27 (63 ) 249 46 450 Ending Balance $ 2,225 $ 642 $ 3,043 $ 615 $ 55 $ 6,580 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not June 30, 2020 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of June 30, 2020 For the three months ended June 30, 2020 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 71 $ 71 $ 1 $ 71 $ 1 $ 1 Home equity and lines of credit 4 4 — 4 — — Commercial real estate — — — 75 — — Commercial business 72 72 11 58 — — Consumer — — — — — — Total $ 147 $ 147 $ 12 $ 208 $ 1 $ 1 For the six months ended June 30, 2020 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 71 $ 2 $ 2 Home equity and lines of credit 4 — — Commercial real estate 50 — — Commercial business 39 1 1 Consumer — — — Total $ 164 $ 3 $ 3 Impaired Loans with No Specific Allowance As of June 30, 2020 For the three months ended June 30, 2020 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 384 $ 273 $ 276 $ — $ — Home equity and lines of credit — — — — — Commercial real estate 1,734 1,734 1,400 40 24 Commercial business 141 141 92 4 2 Consumer — — — — — Total $ 2,259 $ 2,148 $ 1,768 $ 44 $ 26 For the six months ended June 30, 2020 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 279 $ 1 $ 1 Home equity and lines of credit — — — Commercial real estate 960 54 37 Commercial business 75 4 2 Consumer — — — Total $ 1,314 $ 59 $ 40 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not December 31, 2019 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of December 31, 2019 For the year ended December 31, 2019 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 72 $ 72 $ 5 $ 72 $ 3 $ 3 Home equity and lines of credit 4 4 — 5 — — Commercial real estate — — — — — — Commercial business — — — — — — Consumer — — — — — — Total $ 76 $ 76 $ 5 $ 77 $ 3 $ 3 Impaired Loans with No Specific Allowance As of December 31, 2019 For the year ended December 31, 2019 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 398 $ 286 $ 301 $ 4 $ 4 Home equity and lines of credit — — — — — Commercial real estate 81 81 1,019 88 35 Commercial business 40 40 79 7 2 Consumer — — — — — Total $ 519 $ 407 $ 1,399 $ 99 $ 41 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not June 30, 2019 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of June 30, 2019 For the three months ended June 30, 2019 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 73 $ 73 $ 6 $ 73 $ 1 $ 1 Home equity and lines of credit 5 5 — 5 — — Commercial real estate — — — — — — Commercial business — — — 31 — — Consumer — — — — — — Total $ 78 $ 78 $ 6 $ 109 $ 1 $ 1 For the six months ended June 30, 2019 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 73 $ 2 $ 2 Home equity and lines of credit 6 — — Commercial real estate — — — Commercial business 21 — — Consumer — — — Total $ 100 $ 2 $ 2 Impaired Loans with No Specific Allowance As of June 30, 2019 For the three months ended June 30, 2019 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 378 $ 303 $ 305 $ — $ — Home equity and lines of credit — — — — — Commercial real estate 2,478 2,478 1,255 52 — Commercial business 238 238 139 6 1 Consumer — — — — — Total $ 3,094 $ 3,019 $ 1,699 $ 58 $ 1 For the six months ended June 30, 2019 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 308 $ 1 $ 1 Home equity and lines of credit — — — Commercial real estate 848 53 1 Commercial business 106 7 2 Consumer — — — Total $ 1,262 $ 61 $ 4 Unpaid principal balance includes any loans that have been partially charged off but not not not Troubled debt restructurings (TDR). not not not At June 30, 2020 December 31, 2019 $339,000 $409,000, $1,000 $5,000 June 30, 2020 December 31, 2019 During the three six June 30, 2020 not three six June 30, 2019 one $73,000 June 30, 2019 not Under the provisions of the CARES Act, as of June 30, 2020, 430 $106.6 13.1% June 30, 2020, $40.0 31.9%, August 5, 2020, 428 $111.6 13.6% not A loan is considered to be in payment default once it is 30 three six June 30, 2020 2019 not twelve Credit Quality Indicators. Commercial real estate and commercial business loans not Management has determined certain portions of the loan portfolio to be homogeneous in nature and assigns like reserve factors for the following loan pool types: residential real estate, home equity loans and lines of credit, and consumer installment and personal lines of credit. The reserve allocation for risk rated loan pools is developed by applying the following factors: Historic twelve Qualitative Management uses the following definitions for risk ratings: Pass Special Mention may Substandard no Doubtful The following table presents the classes of the loan portfolio summarized by the aggregate pass and the criticized categories of special mention, substandard and doubtful within the Corporation's internal risk rating system as of June 30, 2020 December 31, 2019 (Dollar amounts in thousands) Not Rated Pass Special Mention Substandard Doubtful Total June 30, 2020: Residential first mortgages $ 305,446 $ — $ — $ 1,540 $ — $ 306,986 Home equity and lines of credit 93,206 — — 446 — 93,652 Commercial real estate — 247,661 5,198 12,050 — 264,909 Commercial business — 114,577 217 2,605 — 117,399 Consumer 28,828 — — 117 — 28,945 Total loans $ 427,480 $ 362,238 $ 5,415 $ 16,758 $ — $ 811,891 December 31, 2019: Residential first mortgages $ 291,843 $ — $ — $ 1,327 $ — $ 293,170 Home equity and lines of credit 97,087 — — 454 — 97,541 Commercial real estate — 216,744 5,370 7,837 — 229,951 Commercial business — 64,636 204 1,763 — 66,603 Consumer 14,557 — — 82 — 14,639 Total loans $ 403,487 $ 281,380 $ 5,574 $ 11,463 $ — $ 701,904 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. As of June 30, 2020, 30 not June 30, 2020. June 30, 2020 December 31, 2019 (Dollar amounts in thousands) Performing Nonperforming Accruing Loans Not Past Due Accruing 30-59 Days Past Due Accruing 60-89 Days Past Due Accruing 90+ Days Past Due Nonaccrual Total June 30, 2020: Residential first mortgages $ 303,425 $ 1,440 $ 581 $ 634 $ 906 $ 306,986 Home equity and lines of credit 92,781 425 — 107 339 93,652 Commercial real estate 258,366 3,908 134 792 1,709 264,909 Commercial business 116,728 67 126 240 238 117,399 Consumer 28,588 225 15 — 117 28,945 Total loans $ 799,888 $ 6,065 $ 856 $ 1,773 $ 3,309 $ 811,891 December 31, 2019: Residential first mortgages $ 288,399 $ 2,405 $ 1,039 $ 372 $ 955 $ 293,170 Home equity and lines of credit 95,908 626 553 26 428 97,541 Commercial real estate 226,133 2,141 543 227 907 229,951 Commercial business 66,087 225 72 4 215 66,603 Consumer 14,458 84 15 — 82 14,639 Total loans $ 690,985 $ 5,481 $ 2,222 $ 629 $ 2,587 $ 701,904 The following table presents the Corporation's nonaccrual loans by aging category as of June 30, 2020 December 31, 2019 (Dollar amounts in thousands) Not Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days + Past Due Total June 30, 2020: Residential first mortgages $ 233 $ 70 $ — $ 603 $ 906 Home equity and lines of credit 3 — — 336 339 Commercial real estate 940 71 171 527 1,709 Commercial business 95 — — 143 238 Consumer — — — 117 117 Total loans $ 1,271 $ 141 $ 171 $ 1,726 $ 3,309 December 31, 2019: Residential first mortgages $ 245 $ — $ 72 $ 638 $ 955 Home equity and lines of credit 4 — — 424 428 Commercial real estate 28 309 31 539 907 Commercial business — — 175 40 215 Consumer — — — 82 82 Total loans $ 277 $ 309 $ 278 $ 1,723 $ 2,587 |