Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | N OTE 4 – LOANS AND ALLOWANCE FOR LOAN LOSSES Loans are comprised of the following: June 30, December 31, 2018 2017 Residential real estate $ 305,318 $ 309,163 Commercial real estate: Owner-occupied 66,171 73,573 Nonowner-occupied 116,476 101,571 Construction 39,888 38,302 Commercial and industrial 114,838 107,089 Consumer: Automobile 68,446 68,626 Home equity 22,240 21,431 Other 48,603 49,564 781,980 769,319 Less: Allowance for loan losses (7,639 ) (7,499 ) Loans, net $ 774,341 $ 761,820 The following table presents the activity in the allowance for loan losses by portfolio segment for the three June 30, 2018 2017: June 30, 2018 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Total Allowance for loan losses: Beginning balance $ 2,059 $ 2,423 $ 1,373 $ 2,141 $ 7,996 Provision for loan losses (14 ) (82 ) (317 ) 390 (23 ) Loans charged off (177 ) ---- ---- (574 ) (751 ) Recoveries 18 51 186 162 417 Total ending allowance balance $ 1,886 $ 2,392 $ 1,242 $ 2,119 $ 7,639 June 30, 2017 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Total Allowance for loan losses: Beginning balance $ 1,392 $ 2,729 $ 1,360 $ 1,834 $ 7,315 Provision for loan losses (68 ) (89 ) (35 ) 367 175 Loans charged-off (73 ) (53 ) (399 ) (384 ) (909 ) Recoveries 49 226 6 90 371 Total ending allowance balance $ 1,300 $ 2,813 $ 932 $ 1,907 $ 6,952 The following table presents the activity in the allowance for loan losses by portfolio segment for the six June 30, 2018 2017: June 30, 2018 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Total Allowance for loan losses: Beginning balance $ 1,470 $ 2,978 $ 1,024 $ 2,027 $ 7,499 Provision for loan losses 580 (663 ) (1 ) 817 733 Loans charged off (237 ) (1 ) (4 ) (1,096 ) (1,338 ) Recoveries 73 78 223 371 745 Total ending allowance balance $ 1,886 $ 2,392 $ 1,242 $ 2,119 $ 7,639 June 30, 2017 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Total Allowance for loan losses: Beginning balance $ 939 $ 4,315 $ 907 $ 1,538 $ 7,699 Provision for loan losses 377 (1,176 ) 350 769 320 Loans charged-off (146 ) (612 ) (403 ) (705 ) (1,866 ) Recoveries 130 286 78 305 799 Total ending allowance balance $ 1,300 $ 2,813 $ 932 $ 1,907 $ 6,952 The following table presents the balance in the allowance for loan losses and the recorded investment of loans by portfolio segment and based on impairment method as of June 30, 2018 December 31, 2017: June 30, 2018 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ ---- $ 90 $ ---- $ ---- $ 90 Collectively evaluated for impairment 1,886 2,302 1,242 2,119 7,549 Total ending allowance balance $ 1,886 $ 2,392 $ 1,242 $ 2,119 $ 7,639 Loans: Loans individually evaluated for impairment $ 1,627 $ 5,593 $ 9,037 $ ---- $ 16,257 Loans collectively evaluated for impairment 303,691 216,942 105,801 139,289 765,723 Total ending loans balance $ 305,318 $ 222,535 $ 114,838 $ 139,289 $ 781,980 December 31, 2017 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ ---- $ 94 $ ---- $ ---- $ 94 Collectively evaluated for impairment 1,470 2,884 1,024 2,027 7,405 Total ending allowance balance $ 1,470 $ 2,978 $ 1,024 $ 2,027 $ 7,499 Loans: Loans individually evaluated for impairment $ 1,420 $ 7,333 $ 9,154 $ 201 $ 18,108 Loans collectively evaluated for impairment 307,743 206,113 97,935 139,420 751,211 Total ending loans balance $ 309,163 $ 213,446 $ 107,089 $ 139,621 $ 769,319 The following tables present information related to loans individually evaluated for impairment by class of loans as of June 30, 2018 December 31, 2017: June 30, 2018 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With an allowance recorded: Commercial real estate: Nonowner-occupied $ 366 $ 366 $ 90 With no related allowance recorded: Residential real estate 1,688 1,627 ---- Commercial real estate: Owner-occupied 2,451 2,451 ---- Nonowner-occupied 4,198 2,776 ---- Construction 344 ---- ---- Commercial and industrial 9,037 9,037 ---- Total $ 18,084 $ 16,257 $ 90 December 31, 2017 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With an allowance recorded: Commercial real estate: Nonowner-occupied $ 372 $ 372 $ 94 With no related allowance recorded: Residential real estate 1,420 1,420 ---- Commercial real estate: Owner-occupied 3,427 3,427 ---- Nonowner-occupied 4,989 3,534 ---- Construction 352 ---- ---- Commercial and industrial 9,154 9,154 ---- Consumer: ---- Home equity 203 201 ---- Total $ 19,917 $ 18,108 $ 94 The following tables present information related to loans individually evaluated for impairment by class of loans for the three six June 30, 2018 2017: Three months ended June 30, 2018 Six months ended June 30, 2018 Average Impaired Loans Interest Income Recognized Cash Basis Interest Recognized Average Impaired Loans Interest Income Recognized Cash Basis Interest Recognized With an allowance recorded: Commercial real estate: Nonowner-occupied $ 368 $ 7 $ 7 $ 370 $ 8 $ 8 With no related allowance recorded: Residential real estate 1,653 11 11 1,575 30 30 Commercial real estate: Owner-occupied 2,465 36 36 2,478 69 69 Nonowner-occupied 3,037 16 16 3,131 37 37 Construction ---- 5 5 ---- 10 10 Commercial and industrial 8,615 107 107 8,794 232 232 Total $ 16,138 $ 182 $ 182 $ 16,348 $ 386 $ 386 Three months ended June 30, 2017 Six months ended June 30, 2017 Average Impaired Loans Interest Income Recognized Cash Basis Interest Recognized Average Impaired Loans Interest Income Recognized Cash Basis Interest Recognized With an allowance recorded: Commercial real estate: Nonowner-occupied $ 379 $ 5 $ 5 $ 380 $ 14 $ 14 Consumer: Home equity 209 2 2 210 5 5 With no related allowance recorded: Residential real estate 1,028 12 12 992 20 20 Commercial real estate: Owner-occupied 2,836 36 36 2,921 120 120 Nonowner-occupied 3,779 21 21 3,730 74 74 Construction 487 5 5 501 108 108 Commercial and industrial 8,990 100 100 8,815 290 290 Total $ 17,708 $ 181 $ 181 $ 17,549 $ 631 $ 631 The recorded investment of a loan is its carrying value excluding accrued interest and deferred loan fees. Nonaccrual loans and loans past due 90 The Company transfers loans to other real estate owned, at fair value less cost to sell, in the period the Company obtains physical possession of the property (through legal title or through a deed in lieu). As of June 30, 2018 December 31, 2017, $436 $262, $1,969 $2,410 June 30, 2018 December 31, 2017, The following table presents the recorded investment of nonaccrual loans and loans past due 90 June 30, 2018 December 31, 2017: June 30, 2018 Loans Past Due 90 Days And Still Accruing Nonaccrual Residential real estate $ 188 $ 6,983 Commercial real estate: Owner-occupied ---- 641 Nonowner-occupied ---- 1,977 Construction ---- 397 Commercial and industrial 21 386 Consumer: Automobile 135 67 Home equity ---- 295 Other 127 98 Total $ 471 $ 10,844 December 31, 2017 Loans Past Due 90 Days And Still Accruing Nonaccrual Residential real estate $ 131 $ 5,906 Commercial real estate: Owner-occupied ---- 476 Nonowner-occupied ---- 2,454 Construction ---- 444 Commercial and industrial ---- 337 Consumer: Automobile 127 86 Home equity ---- 283 Other 76 126 Total $ 334 $ 10,112 The following table presents the aging of the recorded investment of past due loans by class of loans as of June 30, 2018 December 31, 2017: June 30, 2018 30-59 Days Past Due 60-89 Days Past Due 90 Days Or More Past Due Total Past Due Loans Not Past Due Total Residential real estate $ 2,599 $ 742 $ 1,950 $ 5,291 $ 300,027 $ 305,318 Commercial real estate: Owner-occupied 274 23 290 587 65,584 66,171 Nonowner-occupied 617 ---- 1,775 2,392 114,084 116,476 Construction 174 ---- 157 331 39,557 39,888 Commercial and industrial 404 71 194 669 114,169 114,838 Consumer: Automobile 1,004 224 158 1,386 67,060 68,446 Home equity 289 34 92 415 21,825 22,240 Other 555 217 147 919 47,684 48,603 Total $ 5,916 $ 1,311 $ 4,763 $ 11,990 $ 769,990 $ 781,980 December 31, 2017 30-59 Days Past Due 60-89 Days Past Due 90 Days Or More Past Due Total Past Due Loans Not Past Due Total Residential real estate $ 5,383 $ 671 $ 1,673 $ 7,727 $ 301,436 $ 309,163 Commercial real estate: Owner-occupied 194 161 160 515 73,058 73,573 Nonowner-occupied 140 ---- 2,238 2,378 99,193 101,571 Construction ---- ---- 169 169 38,133 38,302 Commercial and industrial 303 243 191 737 106,352 107,089 Consumer: Automobile 1,257 346 151 1,754 66,872 68,626 Home equity 90 272 27 389 21,042 21,431 Other 865 218 76 1,159 48,405 49,564 Total $ 8,232 $ 1,911 $ 4,685 $ 14,828 $ 754,491 $ 769,319 Troubled Debt Restructurings: A troubled debt restructuring (“TDR”) occurs when the Company has agreed to a loan modification in the form of a concession for a borrower who is experiencing financial difficulty. All TDR’s are considered to be impaired. The modification of the terms of such loans included one The Company has allocated reserves for a portion of its TDR’s to reflect the fair values of the underlying collateral or the present value of the concessionary terms granted to the customer. The following table presents the types of TDR loan modifications by class of loans as of June 30, 2018 December 31, 2017: June 30, 2018 TDR’s Performing to Modified Terms TDR’s Not Performing to Modified Terms Total TDR’s Residential real estate: Interest only payments $ 685 $ ---- $ 685 Commercial real estate: Owner-occupied Interest only payments 997 ---- 997 Reduction of principal and interest payments 541 ---- 541 Maturity extension at lower stated rate than market rate 507 ---- 507 Credit extension at lower stated rate than market rate 406 ---- 406 Nonowner-occupied Interest only payments 487 1,498 1,985 Rate reduction 366 ---- 366 Credit extension at lower stated rate than market rate 564 ---- 564 Commercial and industrial: Interest only payments 8,737 ---- 8,737 Total TDR’s $ 13,290 $ 1,498 $ 14,788 December 31, 2017 TDR’s Performing to Modified Terms TDR’s Not Performing to Modified Terms Total TDR’s Residential real estate: Interest only payments $ 697 $ ---- $ 697 Commercial real estate: Owner-occupied Interest only payments 997 ---- 997 Reduction of principal and interest payments 554 ---- 554 Maturity extension at lower stated rate than market rate 1,466 ---- 1,466 Credit extension at lower stated rate than market rate 410 ---- 410 Nonowner-occupied Interest only payments 560 1,961 2,521 Rate reduction 372 ---- 372 Credit extension at lower stated rate than market rate 570 ---- 570 Commercial and industrial: Interest only payments 9,154 ---- 9,154 Consumer: Home equity Maturity extension at lower stated rate than market rate ---- 201 201 Total TDR’s $ 14,780 $ 2,162 $ 16,942 At June 30, 2018, $2,154, 12.7%, 2017. $90 June 30, 2018, $94 December 31, 2017. June 30, 2018, $1,263 $846 December 31, 2017. There were no three six June 30, 2018. three six June 30, 2017: TDR’s Performing to Modified Terms TDR’s Not Performing to Modified Terms Three months ended June 30, 2017 Number of Loans Pre- Modification Recorded Investment Post- Modification Recorded Investment Pre- Modification Recorded Investment Post- Modification Recorded Investment Residential real estate Maturity extension at lower stated rate than market rate 1 $ 231 $ 231 $ ---- $ ---- Commercial and industrial Maturity extension at lower stated rate than market rate 2 770 770 ---- ---- Total TDR’s 3 $ 1,001 $ 1,001 $ ---- $ ---- TDR’s Performing to Modified Terms TDR’s Not Performing to Modified Terms Six months ended June 30, 2017 Number of Loans Pre- Modification Recorded Investment Post- Modification Recorded Investment Pre- Modification Recorded Investment Post- Modification Recorded Investment Residential real estate Maturity extension at lower stated rate than market rate 1 $ 231 $ 231 $ ---- $ ---- Commercial and industrial Maturity extension at lower stated rate than market rate 2 770 770 ---- ---- Total TDR’s 3 $ 1,001 $ 1,001 $ ---- $ ---- The troubled debt restructurings described above had no no three six June 30, 2017. The Company had no three six June 30, 2018 2017, twelve 90 Credit Quality Indicators: The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. These risk categories are represented by a loan grading scale from 1 10. 8 9 11. $500. The Company uses the following definitions for its criticized loan risk ratings: Special Mention. not not may no no one The Company uses the following definitions for its classified loan risk ratings: Substandard. one may not 8 Doubtful. may may Loss . not not no not may Criticized and classified loans will mostly consist of commercial and industrial and commercial real estate loans. The Company considers its loans that do not 1 7 June 30, 2018 December 31, 2017, June 30, 2018 Pass Criticized Classified Total Commercial real estate: Owner-occupied $ 56,810 $ 1,057 $ 8,304 $ 66,171 Nonowner-occupied 112,057 855 3,564 116,476 Construction 39,583 134 171 39,888 Commercial and industrial 96,185 8,508 10,145 114,838 Total $ 304,635 $ 10,554 $ 22,184 $ 337,373 December 31, 2017 Pass Criticized Classified Total Commercial real estate: Owner-occupied $ 64,993 $ 934 $ 7,646 $ 73,573 Nonowner-occupied 93,197 3,776 4,598 101,571 Construction 37,735 156 411 38,302 Commercial and industrial 91,097 6,058 9,934 107,089 Total $ 287,022 $ 10,924 $ 22,589 $ 320,535 The Company also obtains the credit scores of its borrowers upon origination (if available by the credit bureau), but the scores are not not For residential and consumer loan classes, the Company evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the recorded investment of residential and consumer loans by class of loans based on repayment activity as of June 30, 2018 December 31, 2017: June 30, 2018 Consumer Automobile Home Equity Other Residential Real Estate Total Performing $ 68,244 $ 21,945 $ 48,378 $ 298,147 $ 436,714 Nonperforming 202 295 225 7,171 7,893 Total $ 68,446 $ 22,240 $ 48,603 $ 305,318 $ 444,607 December 31, 2017 Consumer Automobile Home Equity Other Residential Real Estate Total Performing $ 68,413 $ 21,148 $ 49,362 $ 303,126 $ 442,049 Nonperforming 213 283 202 6,037 6,735 Total $ 68,626 $ 21,431 $ 49,564 $ 309,163 $ 448,784 The Company, through its subsidiaries, originates residential, consumer, and commercial loans to customers located primarily in the southeastern areas of Ohio as well as the western counties of West Virginia. Approximately 4.78% June 30, 2018, 4.86% December 31, 2017. |