Loans and Leases Receivable Disclosure [Abstract] | Period [Axis] |
---|
2015-01-01 - 2015-12-31 |
---|
Loans and Leases Receivable Disclosure [Abstract] | |
Schedule of loans outstanding, by classification | Loans outstanding, by classification,
are summarized as follows (amounts in thousands):
|
|
December 31, |
|
|
|
2015 |
|
|
2014 |
|
Commercial, financial, and agricultural |
|
$ |
42,748 |
|
|
$ |
33,308 |
|
Commercial Real Estate |
|
|
104,093 |
|
|
|
116,437 |
|
Single-Family Residential |
|
|
31,096 |
|
|
|
31,940 |
|
Construction and Development |
|
|
2,220 |
|
|
|
2,925 |
|
Consumer |
|
|
6,804 |
|
|
|
6,428 |
|
|
|
|
186,961 |
|
|
|
191,038 |
|
|
|
|
|
|
|
|
|
|
Allowance for loan losses |
|
|
2,124 |
|
|
|
2,299 |
|
|
|
|
|
|
|
|
|
|
Loans receivable-net |
|
$ |
184,837 |
|
|
$ |
188,739 |
|
|
Schedule of activity in allowance for loan losses | Activity in the allowance for loan losses by portfolio segment is
summarized as follows (in thousands):
|
|
For the Year Ended December, 2015 |
|
|
|
|
|
|
Commercial |
|
|
Single-family |
|
|
Construction & |
|
|
|
|
|
|
|
|
|
Commercial |
|
|
Real Estate |
|
|
Residential |
|
|
Development |
|
|
Consumer |
|
|
Total |
|
Beginning balance |
|
$ |
415 |
|
|
$ |
1,366 |
|
|
$ |
254 |
|
|
$ |
72 |
|
|
$ |
192 |
|
|
$ |
2,299 |
|
Provision for loan losses |
|
|
(101 |
) |
|
|
(261 |
) |
|
|
423 |
|
|
|
(75 |
) |
|
|
114 |
|
|
|
100 |
|
Loans charged-off |
|
|
|
|
|
|
(138 |
) |
|
|
(268 |
) |
|
|
|
|
|
|
(197 |
) |
|
|
(603 |
) |
Recoveries on loans charged-off |
|
|
28 |
|
|
|
203 |
|
|
|
26 |
|
|
|
6 |
|
|
|
65 |
|
|
|
328 |
|
Ending Balance |
|
$ |
342 |
|
|
$ |
1,170 |
|
|
$ |
435 |
|
|
$ |
3 |
|
|
$ |
174 |
|
|
$ |
2,124 |
|
|
|
For the Year Ended December, 2014 |
|
|
|
|
|
|
Commercial |
|
|
Single-family |
|
|
Construction & |
|
|
|
|
|
|
|
|
|
Commercial |
|
|
Real Estate |
|
|
Residential |
|
|
Development |
|
|
Consumer |
|
|
Total |
|
Beginning balance |
|
$ |
384 |
|
|
$ |
1,721 |
|
|
$ |
731 |
|
|
$ |
126 |
|
|
$ |
195 |
|
|
$ |
3,157 |
|
Provision for loan losses |
|
|
(12 |
) |
|
|
27 |
|
|
|
(129 |
) |
|
|
69 |
|
|
|
120 |
|
|
|
75 |
|
Loans charged-off |
|
|
(9 |
) |
|
|
(562 |
) |
|
|
(468 |
) |
|
|
(137 |
) |
|
|
(182 |
) |
|
|
(1,358 |
) |
Recoveries on loans charged-off |
|
|
52 |
|
|
|
180 |
|
|
|
120 |
|
|
|
14 |
|
|
|
59 |
|
|
|
425 |
|
Ending Balance |
|
$ |
415 |
|
|
$ |
1,366 |
|
|
$ |
254 |
|
|
$ |
72 |
|
|
$ |
192 |
|
|
$ |
2,299 |
|
|
|
For the Year Ended December, 2013 |
|
|
|
|
|
|
Commercial |
|
|
Single-family |
|
|
Construction & |
|
|
|
|
|
|
|
|
|
Commercial |
|
|
Real Estate |
|
|
Residential |
|
|
Development |
|
|
Consumer |
|
|
Total |
|
Beginning balance |
|
$ |
433 |
|
|
$ |
1,853 |
|
|
$ |
803 |
|
|
$ |
177 |
|
|
$ |
243 |
|
|
$ |
3,509 |
|
Provision for loan losses |
|
|
(68 |
) |
|
|
127 |
|
|
|
361 |
|
|
|
(56 |
) |
|
|
61 |
|
|
|
425 |
|
Loans charged-off |
|
|
(22 |
) |
|
|
(710 |
) |
|
|
(554 |
) |
|
|
(30 |
) |
|
|
(169 |
) |
|
|
(1,485 |
) |
Recoveries on loans charged-off |
|
|
41 |
|
|
|
451 |
|
|
|
121 |
|
|
|
35 |
|
|
|
60 |
|
|
|
708 |
|
Ending Balance |
|
$ |
384 |
|
|
$ |
1,721 |
|
|
$ |
731 |
|
|
$ |
126 |
|
|
$ |
195 |
|
|
$ |
3,157 |
|
Schedule of allocation of allowance for loan losses by portfolio segment | The allocation of the allowance for loan losses by portfolio segment
was as follows (in thousands):
|
|
At December 31, 2015 |
|
|
|
|
|
|
|
|
|
Single- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial |
|
|
family |
|
|
Construction |
|
|
|
|
|
|
|
|
|
Commercial |
|
|
Real Estate |
|
|
Residential |
|
|
& Development |
|
|
Consumer |
|
|
Total |
|
Allowance for loan losses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Specific Reserves: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Impaired loans |
|
$ |
|
|
|
$ |
550 |
|
|
$ |
100 |
|
|
$ |
|
|
|
$ |
|
|
|
$ |
650 |
|
Total specific reserves |
|
|
|
|
|
|
550 |
|
|
|
100 |
|
|
|
|
|
|
|
|
|
|
|
650 |
|
General reserves |
|
|
342 |
|
|
|
620 |
|
|
|
335 |
|
|
|
3 |
|
|
|
174 |
|
|
|
1,474 |
|
Total |
|
$ |
342 |
|
|
$ |
1,170 |
|
|
$ |
435 |
|
|
$ |
3 |
|
|
$ |
174 |
|
|
$ |
2,124 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans individually evaluated for impairment |
|
$ |
|
|
|
$ |
9,392 |
|
|
$ |
417 |
|
|
$ |
|
|
|
$ |
|
|
|
$ |
9,809 |
|
Loans collectively evaluated for impairment |
|
|
42,748 |
|
|
|
94,701 |
|
|
|
30,679 |
|
|
|
2,220 |
|
|
|
6,804 |
|
|
|
177,152 |
|
Total |
|
$ |
42,748 |
|
|
$ |
104,093 |
|
|
$ |
31,096 |
|
|
$ |
2,220 |
|
|
$ |
6,804 |
|
|
$ |
186,961 |
|
|
|
At December 31, 2014 |
|
|
|
|
|
|
|
|
|
Single- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial |
|
|
family |
|
|
Construction |
|
|
|
|
|
|
|
|
|
Commercial |
|
|
Real Estate |
|
|
Residential |
|
|
& Development |
|
|
Consumer |
|
|
Total |
|
Allowance for loan losses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Specific Reserves: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Impaired loans |
|
$ |
|
|
|
$ |
91 |
|
|
$ |
51 |
|
|
$ |
|
|
|
$ |
|
|
|
$ |
142 |
|
Total specific reserves |
|
|
|
|
|
|
91 |
|
|
|
51 |
|
|
|
|
|
|
|
|
|
|
|
142 |
|
General reserves |
|
|
415 |
|
|
|
1,275 |
|
|
|
203 |
|
|
|
72 |
|
|
|
192 |
|
|
|
2,157 |
|
Total |
|
$ |
415 |
|
|
$ |
1,366 |
|
|
$ |
254 |
|
|
$ |
72 |
|
|
$ |
192 |
|
|
$ |
2,299 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loans individually evaluated for impairment |
|
$ |
|
|
|
$ |
9,787 |
|
|
$ |
280 |
|
|
$ |
219 |
|
|
$ |
|
|
|
$ |
10,286 |
|
Loans collectively evaluated for impairment |
|
|
33,308 |
|
|
|
106,650 |
|
|
|
31,660 |
|
|
|
2,706 |
|
|
|
6,428 |
|
|
|
180,752 |
|
Total |
|
$ |
33,308 |
|
|
$ |
116,437 |
|
|
$ |
31,940 |
|
|
$ |
2,925 |
|
|
$ |
6,428 |
|
|
$ |
191,038 |
|
|
Schedule of impaired loans by class of loan | The following table presents impaired loans by class of loan (in
thousands):
|
|
At December 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
Impaired Loans - With |
|
|
|
|
|
|
|
|
|
Impaired Loans - With Allowance |
|
|
no Allowance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
for Loan |
|
|
|
|
|
|
|
|
Average |
|
|
Interest |
|
|
|
Unpaid |
|
|
Recorded |
|
|
Losses |
|
|
Unpaid |
|
|
Recorded |
|
|
Recorded |
|
|
Income |
|
|
|
Principal |
|
|
Investment |
|
|
Allocated |
|
|
Principal |
|
|
Investment |
|
|
Investment |
|
|
Recognized |
|
Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First mortgages |
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
HELOCs and equity |
|
|
134 |
|
|
|
134 |
|
|
|
100 |
|
|
|
304 |
|
|
|
283 |
|
|
|
209 |
|
|
|
43 |
|
Commercial |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unsecured |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owner occupied |
|
|
4,115 |
|
|
|
4,115 |
|
|
|
356 |
|
|
|
4,456 |
|
|
|
3,972 |
|
|
|
8,666 |
|
|
|
391 |
|
Non-owner occupied |
|
|
691 |
|
|
|
691 |
|
|
|
194 |
|
|
|
667 |
|
|
|
614 |
|
|
|
1,679 |
|
|
|
193 |
|
Multi-family |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction and Development: |
|
|
. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Improved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unimproved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer and Other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
4,940 |
|
|
$ |
4,940 |
|
|
$ |
650 |
|
|
$ |
5,427 |
|
|
$ |
4,869 |
|
|
$ |
10,554 |
|
|
$ |
627 |
|
|
|
At December 31, 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
Impaired Loans - With |
|
|
|
|
|
|
|
|
|
Impaired Loans - With Allowance |
|
|
no Allowance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
for Loan |
|
|
|
|
|
|
|
|
Average |
|
|
Interest |
|
|
|
Unpaid |
|
|
Recorded |
|
|
Losses |
|
|
Unpaid |
|
|
Recorded |
|
|
Recorded |
|
|
Income |
|
|
|
Principal |
|
|
Investment |
|
|
Allocated |
|
|
Principal |
|
|
Investment |
|
|
Investment |
|
|
Recognized |
|
Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First mortgages |
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
|
$ |
|
|
HELOCs and equity |
|
|
102 |
|
|
|
102 |
|
|
|
51 |
|
|
|
178 |
|
|
|
178 |
|
|
|
86 |
|
|
|
35 |
|
Commercial |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unsecured |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owner occupied |
|
|
81 |
|
|
|
81 |
|
|
|
81 |
|
|
|
8,014 |
|
|
|
7,457 |
|
|
|
7,575 |
|
|
|
717 |
|
Non-owner occupied |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,388 |
|
|
|
2,154 |
|
|
|
2,228 |
|
|
|
165 |
|
Multi-family |
|
|
95 |
|
|
|
95 |
|
|
|
10 |
|
|
|
|
|
|
|
|
|
|
|
97 |
|
|
|
69 |
|
Construction and Development: |
|
|
. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
356 |
|
|
|
219 |
|
|
|
292 |
|
|
|
30 |
|
Improved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unimproved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer and Other |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
278 |
|
|
$ |
278 |
|
|
$ |
142 |
|
|
$ |
10,936 |
|
|
$ |
10,008 |
|
|
$ |
10,278 |
|
|
$ |
1,016 |
|
|
Schedule of aging analysis of loan portfolio | The following table is an aging analysis of our loan portfolio
(in thousands):
|
|
At December 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recorded |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment |
|
|
|
|
|
|
30- 59 |
|
|
60- 89 |
|
|
Over 90 |
|
|
|
|
|
|
|
|
Total |
|
|
> 90 Days |
|
|
|
|
|
|
Days Past |
|
|
Days Past |
|
|
Days Past |
|
|
Total |
|
|
|
|
|
Loans |
|
|
and |
|
|
|
|
|
|
Due |
|
|
Due |
|
|
Due |
|
|
Past Due |
|
|
Current |
|
|
Receivable |
|
|
Accruing |
|
|
Nonaccrual |
|
Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First mortgages |
|
$ |
1,581 |
|
|
$ |
824 |
|
|
$ |
745 |
|
|
$ |
3,150 |
|
|
$ |
19,253 |
|
|
$ |
22,403 |
|
|
$ |
|
|
|
$ |
1,246 |
|
HELOCs and equity |
|
|
224 |
|
|
|
59 |
|
|
|
173 |
|
|
|
456 |
|
|
|
8,237 |
|
|
|
8,693 |
|
|
|
|
|
|
|
250 |
|
Commercial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
|
49 |
|
|
|
|
|
|
|
30 |
|
|
|
79 |
|
|
|
36,144 |
|
|
|
36,223 |
|
|
|
|
|
|
|
30 |
|
Unsecured |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,525 |
|
|
|
6,525 |
|
|
|
|
|
|
|
|
|
Commercial Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owner occupied |
|
|
931 |
|
|
|
336 |
|
|
|
|
|
|
|
1,267 |
|
|
|
51,181 |
|
|
|
52,448 |
|
|
|
|
|
|
|
933 |
|
Non-owner occupied |
|
|
441 |
|
|
|
691 |
|
|
|
|
|
|
|
1,132 |
|
|
|
45,684 |
|
|
|
46,816 |
|
|
|
|
|
|
|
551 |
|
Multi-family |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,829 |
|
|
|
4,829 |
|
|
|
|
|
|
|
|
|
Construction and Development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,220 |
|
|
|
2,220 |
|
|
|
|
|
|
|
|
|
Improved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unimproved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer and Other |
|
|
29 |
|
|
|
6 |
|
|
|
41 |
|
|
|
76 |
|
|
|
6,728 |
|
|
|
6,804 |
|
|
|
35 |
|
|
|
6 |
|
Total |
|
$ |
3,255 |
|
|
$ |
1,916 |
|
|
$ |
989 |
|
|
$ |
6,160 |
|
|
$ |
180,801 |
|
|
$ |
186,961 |
|
|
$ |
35 |
|
|
$ |
3,016 |
|
|
|
At December 31, 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recorded |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment |
|
|
|
|
|
|
30- 59 |
|
|
60- 89 |
|
|
Over 90 |
|
|
|
|
|
|
|
|
Total |
|
|
> 90 Days |
|
|
|
|
|
|
Days Past |
|
|
Days Past |
|
|
Days Past |
|
|
Total |
|
|
|
|
|
Loans |
|
|
and |
|
|
|
|
|
|
Due |
|
|
Due |
|
|
Due |
|
|
Past Due |
|
|
Current |
|
|
Receivable |
|
|
Accruing |
|
|
Nonaccrual |
|
Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First mortgages |
|
$ |
2,273 |
|
|
$ |
1,190 |
|
|
$ |
1,036 |
|
|
$ |
4,499 |
|
|
$ |
19,960 |
|
|
$ |
24,459 |
|
|
$ |
35 |
|
|
$ |
1,513 |
|
HELOCs and equity |
|
|
60 |
|
|
|
550 |
|
|
|
184 |
|
|
|
794 |
|
|
|
6,687 |
|
|
|
7,481 |
|
|
|
|
|
|
|
286 |
|
Commercial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
|
|
|
|
|
187 |
|
|
|
|
|
|
|
187 |
|
|
|
28,232 |
|
|
|
28,419 |
|
|
|
|
|
|
|
|
|
Unsecured |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,889 |
|
|
|
4,889 |
|
|
|
|
|
|
|
|
|
Commercial Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owner occupied |
|
|
767 |
|
|
|
|
|
|
|
228 |
|
|
|
995 |
|
|
|
59,065 |
|
|
|
60,060 |
|
|
|
|
|
|
|
1,222 |
|
Non-owner occupied |
|
|
1,429 |
|
|
|
588 |
|
|
|
84 |
|
|
|
2,101 |
|
|
|
42,425 |
|
|
|
44,526 |
|
|
|
|
|
|
|
1,026 |
|
Multi-family |
|
|
35 |
|
|
|
327 |
|
|
|
95 |
|
|
|
457 |
|
|
|
11,394 |
|
|
|
11,851 |
|
|
|
|
|
|
|
95 |
|
Construction and Development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,759 |
|
|
|
2,759 |
|
|
|
|
|
|
|
|
|
Improved Land |
|
|
103 |
|
|
|
|
|
|
|
|
|
|
|
103 |
|
|
|
63 |
|
|
|
166 |
|
|
|
|
|
|
|
|
|
Unimproved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer and Other |
|
|
6 |
|
|
|
22 |
|
|
|
18 |
|
|
|
46 |
|
|
|
6,382 |
|
|
|
6,428 |
|
|
|
|
|
|
|
18 |
|
Total |
|
$ |
4,673 |
|
|
$ |
2,864 |
|
|
$ |
1,645 |
|
|
$ |
9,182 |
|
|
$ |
181,856 |
|
|
$ |
191,038 |
|
|
$ |
35 |
|
|
$ |
4,160 |
|
Schedule of loan portfolio by risk rating | The following table presents our loan portfolio by risk rating (in
thousands):
|
|
At December 31, 2015 |
|
|
|
Total |
|
|
Pass Credits |
|
|
Special Mention |
|
|
Substandard |
|
|
Doubtful |
|
Single-Family Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First mortgages |
|
$ |
22,403 |
|
|
$ |
20,729 |
|
|
$ |
|
|
|
$ |
1,651 |
|
|
$ |
23 |
|
HELOCs and equity |
|
|
8,693 |
|
|
|
8,004 |
|
|
|
66 |
|
|
|
547 |
|
|
|
76 |
|
Commercial, financial, and agricultural: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
|
36,223 |
|
|
|
36,193 |
|
|
|
|
|
|
|
|
|
|
|
30 |
|
Unsecured |
|
|
6,525 |
|
|
|
6,525 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owner occupied |
|
|
52,448 |
|
|
|
45,275 |
|
|
|
1,604 |
|
|
|
5,569 |
|
|
|
|
|
Non-owner occupied |
|
|
46,816 |
|
|
|
45,458 |
|
|
|
107 |
|
|
|
1,251 |
|
|
|
|
|
Multi-family |
|
|
4,829 |
|
|
|
4,524 |
|
|
|
305 |
|
|
|
|
|
|
|
|
|
Construction and Development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction |
|
|
2,220 |
|
|
|
2,220 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Improved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unimproved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer |
|
|
6,804 |
|
|
|
6,749 |
|
|
|
|
|
|
|
16 |
|
|
|
39 |
|
Total |
|
$ |
186,961 |
|
|
$ |
175,677 |
|
|
$ |
2,082 |
|
|
$ |
9,034 |
|
|
$ |
168 |
|
|
|
At December 31, 2014 |
|
|
|
Total |
|
|
Pass Credits |
|
|
Special Mention |
|
|
Substandard |
|
|
Doubtful |
|
Single-Family Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First mortgages |
|
$ |
24,459 |
|
|
$ |
22,168 |
|
|
$ |
|
|
|
$ |
2,291 |
|
|
$ |
|
|
HELOCs and equity |
|
|
7,481 |
|
|
|
6,346 |
|
|
|
557 |
|
|
|
476 |
|
|
|
102 |
|
Commercial, financial, and agricultural: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
|
28,419 |
|
|
|
28,419 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Unsecured |
|
|
4,889 |
|
|
|
4,889 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owner occupied |
|
|
60,060 |
|
|
|
50,603 |
|
|
|
4,673 |
|
|
|
4,702 |
|
|
|
82 |
|
Non-owner occupied |
|
|
44,526 |
|
|
|
37,750 |
|
|
|
4,805 |
|
|
|
1,971 |
|
|
|
|
|
Multi-family |
|
|
11,851 |
|
|
|
10,353 |
|
|
|
1,368 |
|
|
|
130 |
|
|
|
|
|
Construction and Development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction |
|
|
2,759 |
|
|
|
2,540 |
|
|
|
|
|
|
|
219 |
|
|
|
|
|
Improved Land |
|
|
166 |
|
|
|
127 |
|
|
|
39 |
|
|
|
|
|
|
|
|
|
Unimproved Land |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer |
|
|
6,428 |
|
|
|
6,392 |
|
|
|
5 |
|
|
|
13 |
|
|
|
18 |
|
Total |
|
$ |
191,038 |
|
|
$ |
169,587 |
|
|
$ |
11,447 |
|
|
$ |
9,802 |
|
|
$ |
202 |
|
|
Schedule of troubled debt restructurings | As of December 31, 2015, the Company did not
identify any loans as TDRs under the amended guidance for which the loan was previously measured under a general allowance methodology.
|
|
December 31, 2015 |
|
|
|
Number of Loans |
|
|
Pre-Modification Recorded Investment |
|
|
Post-Modification Recorded Investment |
|
Troubled Debt Restructurings |
|
|
|
|
|
|
|
|
|
|
|
|
Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
HELOCs and equity |
|
|
5 |
|
|
$ |
445 |
|
|
$ |
445 |
|
Total |
|
|
5 |
|
|
$ |
445 |
|
|
$ |
445 |
|
During the year ended December 31, 2015, the
Bank modified five (5) loans that were considered to be troubled debt restructurings. We extended the terms and decreased the interest
rate on all loans (dollar in thousands).
|
|
December 31, 2014 |
|
|
|
Number of Loans |
|
|
Pre-Modification Recorded Investment |
|
|
Post-Modification Recorded Investment |
|
Troubled Debt Restructurings |
|
|
|
|
|
|
|
|
|
|
|
|
Residential: |
|
|
|
|
|
|
|
|
|
|
|
|
HELOCs and equity |
|
|
2 |
|
|
$ |
90 |
|
|
$ |
94 |
|
Total |
|
|
2 |
|
|
$ |
90 |
|
|
$ |
94 |
|