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, 2022 December 31, 2021 Mortgage loans on real estate: Residential first mortgages $ 291,779 $ 273,823 Home equity loans and lines of credit 73,625 75,810 Commercial real estate 342,041 326,341 Total real estate loans 707,445 675,974 Other loans: Commercial business 57,819 65,877 Consumer 45,412 48,552 Total other loans 103,231 114,429 Total loans, gross 810,676 790,403 Less allowance for loan losses 10,525 10,393 Total loans, net $ 800,151 $ 780,010 Included in total loans above are net deferred costs of $3.3 million and $3.3 million at June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 re $171,000 and $1.2 million, respectively, of PPP loans that are guaranteed by the SBA. The Corporation received $3.7 million of fees related to the origination of these loans, of which $1.3 million was recognized in 2020, 2021, six June 30, 2022 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, 2022 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 June 30, 2022: Allowance for loan losses: Beginning Balance $ 2,310 $ 485 $ 6,444 $ 651 $ 378 $ 10,268 Charge-offs (17 ) — — — (160 ) (177 ) Recoveries — 40 11 — 8 59 Provision 212 (32 ) 87 (29 ) 137 375 Ending Balance $ 2,505 $ 493 $ 6,542 $ 622 $ 363 $ 10,525 Six months ended June 30, 2022: Allowance for loan losses: Beginning Balance $ 2,335 $ 525 $ 6,253 $ 904 $ 376 $ 10,393 Charge-offs (17 ) (15 ) — — (243 ) (275 ) Recoveries — 40 58 — 14 112 Provision 187 (57 ) 231 (282 ) 216 295 Ending Balance $ 2,505 $ 493 $ 6,542 $ 622 $ 363 $ 10,525 At June 30, 2022: Ending ALL balance attributable to loans: Individually evaluated for impairment $ 15 $ — $ 177 $ 2 $ — $ 194 Acquired loans collectively evaluated for impairment — — — — — — Originated loans collectively evaluated for impairment 2,490 493 6,365 620 363 10,331 Total $ 2,505 $ 493 $ 6,542 $ 622 $ 363 $ 10,525 Total loans: Individually evaluated for impairment $ 279 $ 4 $ 2,277 $ 84 $ — $ 2,644 Acquired loans collectively evaluated for impairment 24,865 5,666 18,501 1,748 395 51,175 Originated loans collectively evaluated for impairment 266,635 67,955 321,263 55,987 45,017 756,857 Total $ 291,779 $ 73,625 $ 342,041 $ 57,819 $ 45,412 $ 810,676 At December 31, 2021: Ending ALL balance attributable to loans: Individually evaluated for impairment $ 1 $ — $ 88 $ 196 $ — $ 285 Acquired loans collectively evaluated for impairment — — — — — — Originated loans collectively evaluated for impairment 2,334 525 6,165 708 376 10,108 Total $ 2,335 $ 525 $ 6,253 $ 904 $ 376 $ 10,393 Total loans: Individually evaluated for impairment $ 294 $ 4 $ 1,225 $ 363 $ — $ 1,886 Acquired loans collectively evaluated for impairment 29,573 6,370 21,471 2,055 538 60,007 Originated loans collectively evaluated for impairment 243,956 69,436 303,645 63,459 48,014 728,510 Total $ 273,823 $ 75,810 $ 326,341 $ 65,877 $ 48,552 $ 790,403 Three months ended June 30, 2021: Allowance for loan losses: Beginning Balance $ 2,660 $ 585 $ 5,472 $ 612 $ 356 $ 9,685 Charge-offs — — (56 ) — (38 ) (94 ) Recoveries — 1 1 — 5 7 Provision (211 ) (49 ) 409 63 38 250 Ending Balance $ 2,449 $ 537 $ 5,826 $ 675 $ 361 $ 9,848 Six months ended June 30, 2021: Allowance for loan losses: Beginning Balance $ 2,774 $ 620 $ 5,180 $ 677 $ 329 $ 9,580 Charge-offs — — (151 ) — (128 ) (279 ) Recoveries — 8 1 1 12 22 Provision (325 ) (91 ) 796 (3 ) 148 525 Ending Balance $ 2,449 $ 537 $ 5,826 $ 675 $ 361 $ 9,848 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, 2022 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of June 30, 2022 For the three months ended June 30, 2022 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 68 $ 68 $ 15 $ 68 $ 1 $ 1 Home equity and lines of credit — — — — — — Commercial real estate 2,060 2,060 177 501 24 24 Commercial business 2 2 2 126 — — Consumer — — — — — — Total $ 2,130 $ 2,130 $ 194 $ 695 $ 25 $ 25 For the six months ended June 30, 2022 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 68 $ 1 $ 1 Home equity and lines of credit — — — Commercial real estate 1,020 52 29 Commercial business 85 — — Consumer — — — Total $ 1,173 $ 53 $ 30 Impaired Loans with No Specific Allowance As of June 30, 2022 For the three months ended June 30, 2022 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 323 $ 211 $ 215 $ 1 $ 1 Home equity and lines of credit 4 4 4 — — Commercial real estate 217 217 1,188 11 11 Commercial business 82 82 84 1 1 Consumer — — — — — Total $ 626 $ 514 $ 1,491 $ 13 $ 13 For the six months ended June 30, 2022 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 219 $ 2 $ 2 Home equity and lines of credit 4 — — Commercial real estate 1,014 20 20 Commercial business 94 5 5 Consumer — — — Total $ 1,331 $ 27 $ 27 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, 2021 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of December 31, 2021 For the year ended December 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 $ 68 $ 68 $ 1 $ 28 $ 3 $ 3 Home equity and lines of credit — — — — — — Commercial real estate 559 559 88 387 30 30 Commercial business 250 250 196 79 8 8 Consumer — — — — — — Total $ 877 $ 877 $ 285 $ 494 $ 41 $ 41 Impaired Loans with No Specific Allowance As of December 31, 2021 For the year ended December 31, 2021 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 338 $ 226 $ 284 $ 3 $ 3 Home equity and lines of credit 4 4 4 — — Commercial real estate 666 666 990 71 71 Commercial business 113 113 96 5 5 Consumer — — — — — Total $ 1,121 $ 1,009 $ 1,374 $ 79 $ 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 June 30, 2021 (Dollar amounts in thousands) Impaired Loans with Specific Allowance As of June 30, 2021 For the three months ended June 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 $ — $ — $ — $ 35 $ — $ — Home equity and lines of credit — — — — — — Commercial real estate 315 315 27 344 5 5 Commercial business 4 4 4 33 — — Consumer — — — — — — Total $ 319 $ 319 $ 31 $ 412 $ 5 $ 5 For the six months ended June 30, 2021 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 23 $ — $ — Home equity and lines of credit — — — Commercial real estate 356 8 8 Commercial business 48 — — Consumer — — — Total $ 427 $ 8 $ 8 Impaired Loans with No Specific Allowance As of June 30, 2021 For the three months ended June 30, 2021 Unpaid Principal Balance Recorded Investment Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 424 $ 312 $ 282 $ 1 $ 1 Home equity and lines of credit 4 4 4 — — Commercial real estate 1,013 1,013 1,053 10 10 Commercial business 120 120 93 2 2 Consumer — — — — — Total $ 1,561 $ 1,449 $ 1,432 $ 13 $ 13 For the six months ended June 30, 2021 Average Recorded Investment Interest Income Recognized in Period Cash Basis Interest Recognized in Period Residential first mortgages $ 297 $ 2 $ 2 Home equity and lines of credit 4 — — Commercial real estate 1,122 24 24 Commercial business 84 3 3 Consumer — — — Total $ 1,507 $ 29 $ 29 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, 2022 December 31, 2021 $2.1 million $128,000 June 30, 2022 December 31, 2021 During the three six June 30, 2022 June 30, 2022, three six June 30, 2021 not A loan is considered to be in payment default once it is 30 three six June 30, 2022 2021 not twelve COVID- 19 n, representing 13.6% of gross outstanding loan balances. As of June 30, 2022 , one loan with a balance of $3.9 million remained on deferral while the remaining loans have resumed normal repayment or have been repaid in full. T 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 June 30, 2022 December 31, 2021 (Dollar amounts in thousands) Not Rated Pass Special Mention Substandard Doubtful Total June 30, 2022: Residential first mortgages $ 290,833 $ — $ — $ 946 $ — $ 291,779 Home equity and lines of credit 73,341 — — 284 — 73,625 Commercial real estate — 307,780 10,264 23,997 — 342,041 Commercial business — 52,353 1,260 4,206 — 57,819 Consumer 45,403 — — 9 — 45,412 Total loans $ 409,577 $ 360,133 $ 11,524 $ 29,442 $ — $ 810,676 December 31, 2021: Residential first mortgages $ 272,722 $ — $ — $ 1,101 $ — $ 273,823 Home equity and lines of credit 75,408 — — 402 — 75,810 Commercial real estate — 295,891 7,494 22,956 — 326,341 Commercial business — 59,628 1,356 4,893 — 65,877 Consumer 48,538 — — 14 — 48,552 Total loans $ 396,668 $ 355,519 $ 8,850 $ 29,366 $ — $ 790,403 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 June 30, 2022 December 31, 2021 (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, 2022: Residential first mortgages $ 288,478 $ 1,964 $ 391 $ 249 $ 697 $ 291,779 Home equity and lines of credit 72,543 661 137 43 241 73,625 Commercial real estate 337,842 1,815 107 — 2,277 342,041 Commercial business 57,472 56 — 206 85 57,819 Consumer 45,029 174 199 — 10 45,412 Total loans $ 801,364 $ 4,670 $ 834 $ 498 $ 3,310 $ 810,676 December 31, 2021: Residential first mortgages $ 270,221 $ 1,913 $ 588 $ 291 $ 810 $ 273,823 Home equity and lines of credit 74,853 230 325 160 242 75,810 Commercial real estate 325,018 73 — — 1,250 326,341 Commercial business 65,305 — — 234 338 65,877 Consumer 48,344 117 77 — 14 48,552 Total loans $ 783,741 $ 2,333 $ 990 $ 685 $ 2,654 $ 790,403 The following table presents the Corporation’s nonaccrual loans by aging category as of June 30, 2022 December 31, 2021 (Dollar amounts in thousands) Not Past Due 30-59 Days Past Due 60-89 Days Past Due 90 Days + Past Due Total June 30, 2022: Residential first mortgages $ 184 $ — $ 68 $ 445 $ 697 Home equity and lines of credit 4 — — 237 241 Commercial real estate 2,209 8 — 60 2,277 Commercial business 85 — — — 85 Consumer — — — 10 10 Total loans $ 2,482 $ 8 $ 68 $ 752 $ 3,310 December 31, 2021: Residential first mortgages $ 196 $ — $ 69 $ 545 $ 810 Home equity and lines of credit 4 — — 238 242 Commercial real estate 1,052 10 — 188 1,250 Commercial business 338 — — — 338 Consumer — — — 14 14 Total loans $ 1,590 $ 10 $ 69 $ 985 $ 2,654 |