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) March 31, 2021 December 31, 2020 Mortgage loans on real estate: Residential first mortgages $ 298,491 $ 308,031 Home equity loans and lines of credit 83,523 87,088 Commercial real estate 285,133 285,625 Total real estate loans 667,147 680,744 Other loans: Commercial business 84,953 89,139 Consumer 43,088 40,035 Total other loans 128,041 129,174 Total loans, gross 795,188 809,918 Less allowance for loan losses 9,685 9,580 Total loans, net $ 785,503 $ 800,338 Included in total loans above are net deferred costs of $1.8 $2.5 March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 $32.6 $30.4 $3.3 $1.3 2020, $641,000 March 31, 2021 $1.4 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 March 31, 2021 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 March 31, 2021: Allowance for loan losses: Beginning Balance $ 2,774 $ 620 $ 5,180 $ 677 $ 329 $ 9,580 Charge-offs — — (94 ) — (90 ) (184 ) Recoveries — 8 — — 6 14 Provision (114 ) (43 ) 386 (65 ) 111 275 Ending Balance $ 2,660 $ 585 $ 5,472 $ 612 $ 356 $ 9,685 At March 31, 2021: Ending ALL balance attributable to loans: Individually evaluated for impairment $ 1 $ — $ 33 $ 6 $ — $ 40 Acquired loans collectively evaluated for impairment — — — — — — Originated loans collectively evaluated for impairment 2,659 585 5,439 606 356 9,645 Total $ 2,660 $ 585 $ 5,472 $ 612 $ 356 $ 9,685 Total loans: Individually evaluated for impairment $ 320 $ 4 $ 1,467 $ 129 $ — $ 1,920 Acquired loans collectively evaluated for impairment 40,182 7,780 29,169 3,389 901 81,421 Originated loans collectively evaluated for impairment 257,989 75,739 254,497 81,435 42,187 711,847 Total $ 298,491 $ 83,523 $ 285,133 $ 84,953 $ 43,088 $ 795,188 At December 31, 2020: Ending ALL balance attributable to loans: Individually evaluated for impairment $ — $ — $ 40 $ 20 $ — $ 60 Acquired loans collectively evaluated for impairment — — — — — — Originated loans collectively evaluated for impairment 2,774 620 5,140 657 329 9,520 Total $ 2,774 $ 620 $ 5,180 $ 677 $ 329 $ 9,580 Total loans: Individually evaluated for impairment $ 329 $ 3 $ 1,639 $ 143 $ — $ 2,114 Acquired loans collectively evaluated for impairment 44,209 8,491 30,913 5,131 1,017 89,761 Originated loans collectively evaluated for impairment 263,493 78,594 253,073 83,865 39,018 718,043 Total $ 308,031 $ 87,088 $ 285,625 $ 89,139 $ 40,035 $ 809,918 Three months ended March 31, 2020: Allowance for loan losses: Beginning Balance $ 2,309 $ 626 $ 2,898 $ 636 $ 87 $ 6,556 Charge-offs (11 ) (39 ) (73 ) — (15 ) (138 ) Recoveries — — 3 — 7 10 Provision 31 54 606 45 56 792 Ending Balance $ 2,329 $ 641 $ 3,434 $ 681 $ 135 $ 7,220 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 March 31, 2021 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of March 31, 2021 For the three months ended March 31, 2021 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 69 $ 69 $ 1 $ 35 $ 1 $ 1 Home equity and lines of credit — — — — — — Commercial real estate 373 373 33 376 4 4 Commercial business 64 64 6 71 1 1 Consumer — — — — — — Total $ 506 $ 506 $ 40 $ 482 $ 6 $ 6 Impaired Loans with No Specific Allowance As of March 31, 2021 For the three months ended March 31, 2021 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 363 $ 251 $ 290 $ 1 $ 1 Home equity and lines of credit 4 4 4 — — Commercial real estate 1,110 1,094 1,177 12 12 Commercial business 65 65 65 1 1 Consumer — — — — — Total $ 1,542 $ 1,414 $ 1,536 $ 14 $ 14 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, 2020 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of December 31, 2020 For the year ended December 31, 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 $ — $ — $ — $ 43 $ — $ — Home equity and lines of credit — — — 2 — — Commercial real estate 380 380 40 106 17 11 Commercial business 78 78 20 53 5 4 Consumer — — — — — — Total $ 458 $ 458 $ 60 $ 204 $ 22 $ 15 Impaired Loans with No Specific Allowance As of December 31, 2020 For the year ended December 31, 2020 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 440 $ 329 $ 300 $ 7 $ 7 Home equity and lines of credit 3 3 2 — — Commercial real estate 1,259 1,259 1,167 76 66 Commercial business 65 65 80 10 6 Consumer — — — — — Total $ 1,767 $ 1,656 $ 1,549 $ 93 $ 79 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 March 31, 2020: (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of March 31, 2020 For the three months ended March 31, 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 $ 2 $ 71 $ 1 $ 1 Home equity and lines of credit 4 4 — 4 — — Commercial real estate 150 150 19 75 — — Commercial business 45 45 5 23 1 1 Consumer — — — — — — Total $ 270 $ 270 $ 26 $ 173 $ 2 $ 2 Impaired Loans with No Specific Allowance As of March 31, 2020 For the three months ended March 31, 2020 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 390 $ 278 $ 282 $ 1 $ 1 Home equity and lines of credit — — — — — Commercial real estate 1,067 1,067 574 13 13 Commercial business 43 43 41 1 — Consumer — — — — — Total $ 1,500 $ 1,388 $ 897 $ 15 $ 14 Unpaid principal balance includes any loans that have been partially charged off but not not not Troubled debt restructurings (TDR). not not not At March 31, 2021 December 31, 2020 , the Corporation had $384,000 $396,000, $3,000 $6,000 March 31, 2021 December 31, 2020 , respectively. During the three March 31, 2021 2020, not A loan is considered to be in payment default once it is 30 three March 31, 2021 2020 not twelve COVID- 19 419 $111.6 14.7% March 31, 2021, 29 $33.9 4.4%, March 31, 2021, $30.1 88.8% not 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 March 31, 2021 December 31, 2020 (Dollar amounts in thousands) Not Rated Pass Special Mention Substandard Doubtful Total March 31, 2021: Residential first mortgages $ 296,999 $ — $ — $ 1,492 $ — $ 298,491 Home equity and lines of credit 83,298 — — 225 — 83,523 Commercial real estate — 250,095 14,801 20,237 — 285,133 Commercial business — 78,925 1,575 4,453 — 84,953 Consumer 43,046 — — 42 — 43,088 Total loans $ 423,343 $ 329,020 $ 16,376 $ 26,449 $ — $ 795,188 December 31, 2020: Residential first mortgages $ 306,237 $ — $ — $ 1,794 $ — $ 308,031 Home equity and lines of credit 86,867 — — 221 — 87,088 Commercial real estate — 249,357 19,669 16,599 — 285,625 Commercial business — 83,059 2,054 4,026 — 89,139 Consumer 39,987 — — 48 — 40,035 Total loans $ 433,091 $ 332,416 $ 21,723 $ 22,688 $ — $ 809,918 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. The following table presents the classes of the loan portfolio summarized by the aging categories of performing loans and nonperforming loans as of March 31, 2021 December 31, 2020 (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 March 31, 2021: Residential first mortgages $ 295,560 $ 1,213 $ 226 $ 191 $ 1,301 $ 298,491 Home equity and lines of credit 82,810 241 247 151 74 83,523 Commercial real estate 282,799 844 — 41 1,449 285,133 Commercial business 84,553 15 — 239 146 84,953 Consumer 42,992 20 34 — 42 43,088 Total loans $ 788,714 $ 2,333 $ 507 $ 622 $ 3,012 $ 795,188 December 31, 2020: Residential first mortgages $ 304,161 $ 1,836 $ 239 $ 176 $ 1,619 $ 308,031 Home equity and lines of credit 86,093 446 328 146 75 87,088 Commercial real estate 283,373 580 41 18 1,613 285,625 Commercial business 88,614 72 46 239 168 89,139 Consumer 39,917 28 42 — 48 40,035 Total loans $ 802,158 $ 2,962 $ 696 $ 579 $ 3,523 $ 809,918 The following table presents the Corporation's nonaccrual loans by aging category as of March 31, 2021 December 31, 2020 (Dollar amounts in thousands) Not Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days + Past Due Total March 31, 2021: Residential first mortgages $ 214 $ 69 $ — $ 1,018 $ 1,301 Home equity and lines of credit 4 — — 70 74 Commercial real estate 876 — — 573 1,449 Commercial business 146 — — — 146 Consumer — — — 42 42 Total loans $ 1,240 $ 69 $ — $ 1,703 $ 3,012 December 31, 2020: Residential first mortgages $ 220 $ 70 $ — $ 1,329 $ 1,619 Home equity and lines of credit 4 — — 71 75 Commercial real estate 1,016 — 24 573 1,613 Commercial business 168 — — — 168 Consumer — — — 48 48 Total loans $ 1,408 $ 70 $ 24 $ 2,021 $ 3,523 |