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) September 30, 2021 December 31, 2020 Mortgage loans on real estate: Residential first mortgages $ 278,412 $ 308,031 Home equity loans and lines of credit 78,265 87,088 Commercial real estate 313,048 285,625 Total real estate loans 669,725 680,744 Other loans: Commercial business 72,672 89,139 Consumer 49,111 40,035 Total other loans 121,783 129,174 Total loans, gross 791,508 809,918 Less allowance for loan losses 9,949 9,580 Total loans, net $ 781,559 $ 800,338 Included in total loans above are net deferred costs of $3.1 million and $2.5 million at September 30, 2021 December 31, 2020 September 30, 2021 December 31, 2020 $10.4 million The Corporation received $3.7 million of fees related to the origination of these loans, of which $1.3 million was recognized in 2020, nine September 30, 2021 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 September 30, 2021 there was no allowance for loan losses allocated to loans acquired from United American Savings Bank ( 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 September 30, 2021: Allowance for loan losses: Beginning Balance $ 2,449 $ 537 $ 5,826 $ 675 $ 361 $ 9,848 Charge-offs — (36 ) — — (33 ) (69 ) Recoveries — 11 21 1 12 45 Provision (101 ) 21 153 7 45 125 Ending Balance $ 2,348 $ 533 $ 6,000 $ 683 $ 385 $ 9,949 Nine months ended September 30, 2021: Allowance for loan losses: Beginning Balance $ 2,774 $ 620 $ 5,180 $ 677 $ 329 $ 9,580 Charge-offs — (36 ) (151 ) — (160 ) (347 ) Recoveries — 19 22 1 24 66 Provision (426 ) (70 ) 949 5 192 650 Ending Balance $ 2,348 $ 533 $ 6,000 $ 683 $ 385 $ 9,949 At September 30, 2021: Ending ALL balance attributable to loans: Individually evaluated for impairment $ — $ — $ 21 $ 4 $ — $ 25 Acquired loans collectively evaluated for impairment — — — — — — Originated loans collectively evaluated for impairment 2,348 533 5,979 679 385 9,924 Total $ 2,348 $ 533 $ 6,000 $ 683 $ 385 $ 9,949 Total loans: Individually evaluated for impairment $ 303 $ 4 $ 1,224 $ 121 $ — $ 1,652 Acquired loans collectively evaluated for impairment 32,520 6,754 23,992 2,552 617 66,435 Originated loans collectively evaluated for impairment 245,589 71,507 287,832 69,999 48,494 723,421 Total $ 278,412 $ 78,265 $ 313,048 $ 72,672 $ 49,111 $ 791,508 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 September 30, 2020: Allowance for loan losses: Beginning Balance $ 2,582 $ 654 $ 3,901 $ 803 $ 219 $ 8,159 Charge-offs — (51 ) (1 ) — (28 ) (80 ) Recoveries 5 1 1 36 33 76 Provision 111 57 578 (81 ) 85 750 Ending Balance $ 2,698 $ 661 $ 4,479 $ 758 $ 309 $ 8,905 Nine months ended September 30, 2020: Allowance for loan losses: Beginning Balance $ 2,309 $ 626 $ 2,898 $ 636 $ 87 $ 6,556 Charge-offs (11 ) (89 ) (75 ) (147 ) (82 ) (404 ) Recoveries 6 12 6 37 50 111 Provision 394 112 1,650 232 254 2,642 Ending Balance $ 2,698 $ 661 $ 4,479 $ 758 $ 309 $ 8,905 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 September 30, 2021 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of September 30, 2021 For the three months ended September 30, 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 $ — $ — $ — $ — $ — $ — Home equity and lines of credit — — — — — — Commercial real estate 309 309 21 312 3 3 Commercial business 4 4 4 4 — — Consumer — — — — — — Total $ 313 $ 313 $ 25 $ 316 $ 3 $ 3 For the nine months ended September 30, 2021 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 17 $ — $ — Home equity and lines of credit — — — Commercial real estate 344 12 12 Commercial business 37 — — Consumer — — — Total $ 398 $ 12 $ 12 Impaired Loans with No Specific Allowance As of September 30, 2021 For the three months ended September 30, 2021 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 415 $ 303 $ 308 $ 2 $ 2 Home equity and lines of credit 4 4 4 — — Commercial real estate 915 915 964 8 8 Commercial business 117 117 119 1 1 Consumer — — — — — Total $ 1,451 $ 1,339 $ 1,395 $ 11 $ 11 For the nine months ended September 30, 2021 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 299 $ 4 $ 4 Home equity and lines of credit 4 — — Commercial real estate 1,070 32 32 Commercial business 92 4 4 Consumer — — — Total $ 1,465 $ 40 $ 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, 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 September 30, 2020 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of September 30, 2020 For the three months ended September 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 $ — $ — $ — $ 35 $ — $ — Home equity and lines of credit — — — 2 — — Commercial real estate — — — — — — Commercial business 69 69 15 70 1 1 Consumer — — — — — — Total $ 69 $ 69 $ 15 $ 107 $ 1 $ 1 For the nine months ended September 30, 2020 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 53 $ — $ — Home equity and lines of credit 3 — — Commercial real estate 37 — — Commercial business 47 2 2 Consumer — — — Total $ 140 $ 2 $ 2 Impaired Loans with No Specific Allowance As of September 30, 2020 For the three months ended September 30, 2020 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 336 $ 225 $ 304 $ 3 $ 3 Home equity and lines of credit 4 4 2 — — Commercial real estate 1,694 1,694 1,714 23 23 Commercial business 113 113 127 4 2 Consumer — — — — — Total $ 2,147 $ 2,036 $ 2,147 $ 30 $ 28 For the nine months ended September 30, 2020 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 293 $ 6 $ 6 Home equity and lines of credit 1 — — Commercial real estate 1,144 75 59 Commercial business 84 8 5 Consumer — — — Total $ 1,522 $ 89 $ 70 Unpaid principal balance includes any loans that have been partially charged off but not not not Troubled debt restructurings (TDR). not not not At September 30, 2021 December 31, 2020 $360,000 $0 September 30, 2021 December 31, 2020 During the three nine September 30, 2021 2020 not A loan is considered to be in payment default once it is 30 three nine September 30, 2021 2020 not twelve COVID- 19 n, representing 14.7% of gross outstanding loan balances. As of September 30, 2021 , ten loans with an aggregate balance of $16.0 million, or 2.0%, of gross loans outstanding remained on deferral while the remaining loans have resumed normal repayment or have been repaid in full. As of September 30, 2021 , hospitality loans comprised 100% of the loans remaining on deferral. Eight 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 September 30, 2021 December 31, 2020 (Dollar amounts in thousands) Not Rated Pass Special Mention Substandard Doubtful Total September 30, 2021: Residential first mortgages $ 277,309 $ — $ — $ 1,103 $ — $ 278,412 Home equity and lines of credit 77,955 — — 310 — 78,265 Commercial real estate — 281,271 7,518 24,259 — 313,048 Commercial business — 66,554 1,369 4,749 — 72,672 Consumer 49,095 — — 16 — 49,111 Total loans $ 404,359 $ 347,825 $ 8,887 $ 30,437 $ — $ 791,508 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 September 30, 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 September 30, 2021: Residential first mortgages $ 274,327 $ 2,432 $ 550 $ 357 $ 746 $ 278,412 Home equity and lines of credit 77,247 340 368 103 207 78,265 Commercial real estate 311,606 194 23 — 1,225 313,048 Commercial business 72,286 31 — 234 121 72,672 Consumer 49,083 7 5 — 16 49,111 Total loans $ 784,549 $ 3,004 $ 946 $ 694 $ 2,315 $ 791,508 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 September 30, 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 September 30, 2021: Residential first mortgages $ 202 $ — $ 69 $ 475 $ 746 Home equity and lines of credit 3 — — 204 207 Commercial real estate 795 8 — 422 1,225 Commercial business 121 — — — 121 Consumer — — — 16 16 Total loans $ 1,121 $ 8 $ 69 $ 1,117 $ 2,315 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 |