Loans Receivable (Tables)
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9 Months Ended |
Sep. 30, 2017 |
Receivables [Abstract] |
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Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
Loans receivable are summarized below: (Dollars in thousands) | | | | | | | | | September 30, 2017 | | | December 31, 2016 | | Loans secured by real estate: | | | | | | | | | Residential real estate | | $ | 171,846 | | | $ | 173,365 | | Home equity | | | 35,308 | | | | 32,614 | | Commercial real estate | | | 203,388 | | | | 195,438 | | Construction and land development | | | 53,983 | | | | 38,937 | | Multifamily | | | 37,402 | | | | 36,086 | | Total loans secured by real estate | | | 501,926 | | | | 476,440 | | Consumer | | | 382 | | | | 522 | | Commercial business | | | 77,532 | | | | 77,513 | | Government | | | 29,830 | | | | 29,529 | | Subtotal | | | 609,671 | | | | 584,004 | | Less: | | | | | | | | | Net deferred loan origination fees | | | (158 | ) | | | (162 | ) | Undisbursed loan funds | | | (1,549 | ) | | | (192 | ) | Loans receivable | | $ | 607,964 | | | $ | 583,650 | |
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Allowance for Credit Losses on Financing Receivables [Table Text Block] |
(Dollars in thousands) | | Beginning Balance | | | Charge-offs | | | Recoveries | | | Provisions | | | Ending Balance | | | | | | | | | | | | | | | | | | The Bancorp's activity in the allowance for loan losses is summarized below for the three months ended September 30, 2017: | | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 1,561 | | | $ | (10 | ) | | $ | 3 | | | $ | 17 | | | $ | 1,571 | | Home equity | | | 76 | | | | (35 | ) | | | - | | | | 41 | | | | 82 | | Commercial real estate | | | 2,890 | | | | - | | | | - | | | | 28 | | | | 2,918 | | Construction and land development | | | 600 | | | | - | | | | - | | | | (30 | ) | | | 570 | | Multifamily | | | 501 | | | | - | | | | - | | | | 40 | | | | 541 | | Consumer | | | 30 | | | | (29 | ) | | | 7 | | | | 22 | | | | 30 | | Commercial business | | | 1,357 | | | | (120 | ) | | | 5 | | | | 49 | | | | 1,291 | | Government | | | 58 | | | | - | | | | - | | | | (2 | ) | | | 56 | | Total | | $ | 7,073 | | | $ | (194 | ) | | $ | 15 | | | $ | 165 | | | $ | 7,059 | | | | | | | | | | | | | | | | | | | | | | | The Bancorp's activity in the allowance for loan losses is summarized below for the three months ended September 30, 2016: | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 1,485 | | | $ | (93 | ) | | $ | 1 | | | $ | 93 | | | $ | 1,486 | | Home equity | | | 285 | | | | - | | | | - | | | | 4 | | | | 289 | | Commercial real estate | | | 3,099 | | | | - | | | | - | | | | 126 | | | | 3,225 | | Construction and land development | | | 761 | | | | - | | | | - | | | | (40 | ) | | | 721 | | Multifamily | | | 756 | | | | - | | | | - | | | | 24 | | | | 780 | | Consumer | | | 37 | | | | (12 | ) | | | 1 | | | | 25 | | | | 51 | | Commercial business | | | 846 | | | | - | | | | 8 | | | | 43 | | | | 897 | | Government | | | 68 | | | | - | | | | - | | | | (13 | ) | | | 55 | | Total | | $ | 7,337 | | | $ | (105 | ) | | $ | 10 | | | $ | 262 | | | $ | 7,504 | | | | | | | | | | | | | | | | | | | | | | | The Bancorp's activity in the allowance for loan losses is summarized below for the nine months ended September 30, 2017: | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 2,111 | | | $ | (913 | ) | | $ | 3 | | | $ | 370 | | | $ | 1,571 | | Home equity | | | 299 | | | | (60 | ) | | | - | | | | (157 | ) | | | 82 | | Commercial real estate | | | 3,113 | | | | - | | | | - | | | | (195 | ) | | | 2,918 | | Construction and land development | | | 617 | | | | - | | | | - | | | | (47 | ) | | | 570 | | Multifamily | | | 572 | | | | - | | | | - | | | | (31 | ) | | | 541 | | Consumer | | | 34 | | | | (59 | ) | | | 11 | | | | 44 | | | | 30 | | Commercial business | | | 896 | | | | (365 | ) | | | 22 | | | | 737 | | | | 1,291 | | Government | | | 56 | | | | - | | | | - | | | | - | | | | 56 | | Total | | $ | 7,698 | | | $ | (1,397 | ) | | $ | 36 | | | $ | 722 | | | $ | 7,059 | | | | | | | | | | | | | | | | | | | | | | | The Bancorp's activity in the allowance for loan losses is summarized below for the nine months ended September 30, 2016: | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 1,448 | | | $ | (305 | ) | | $ | 1 | | | $ | 342 | | | $ | 1,486 | | Home equity | | | 263 | | | | - | | | | - | | | | 26 | | | | 289 | | Commercial real estate | | | 2,986 | | | | - | | | | - | | | | 239 | | | | 3,225 | | Construction and land development | | | 692 | | | | - | | | | - | | | | 29 | | | | 721 | | Multifamily | | | 758 | | | | - | | | | - | | | | 22 | | | | 780 | | Consumer | | | 38 | | | | (24 | ) | | | 5 | | | | 32 | | | | 51 | | Commercial business | | | 698 | | | | - | | | | 28 | | | | 171 | | | | 897 | | Government | | | 70 | | | | - | | | | - | | | | (15 | ) | | | 55 | | Total | | $ | 6,953 | | | $ | (329 | ) | | $ | 34 | | | $ | 846 | | | $ | 7,504 | |
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Individually Impaired Loans Receivables [Table Text Block] |
The Bancorp’s individually impaired loans are summarized below: | | Ending Balances | | (Dollars in thousands) | | Individually evaluated impairment reserves | | | Collectively evaluated impairment reserves | | | Loan receivables | | | Loans individually evaluated for impairment | | | Purchased credit impaired loans individually evaluated for impairment | | | Loans collectively evaluated for impairment | | | | | | | | | | | | | | | | | | | | | The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at September 30, 2017: | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 27 | | | $ | 1,544 | | | $ | 171,667 | | | $ | 495 | | | $ | 773 | | | $ | 170,399 | | Home equity | | | - | | | | 82 | | | | 35,357 | | | | - | | | | - | | | | 35,357 | | Commercial real estate | | | 136 | | | | 2,782 | | | | 203,388 | | | | 557 | | | | - | | | | 202,831 | | Construction and land development | | | - | | | | 570 | | | | 53,983 | | | | 134 | | | | - | | | | 53,849 | | Multifamily | | | - | | | | 541 | | | | 37,402 | | | | - | | | | - | | | | 37,402 | | Consumer | | | - | | | | 30 | | | | 383 | | | | - | | | | - | | | | 383 | | Commercial business | | | 562 | | | | 729 | | | | 75,954 | | | | 749 | | | | - | | | | 75,205 | | Government | | | - | | | | 56 | | | | 29,830 | | | | - | | | | - | | | | 29,830 | | Total | | $ | 725 | | | $ | 6,334 | | | $ | 607,964 | | | $ | 1,935 | | | $ | 773 | | | $ | 605,256 | | | | | | | | | | | | | | | | | | | | | | | | | | | The Bancorp's allowance for loan losses impairment evaluation and loan receivables are summarized below at December 31, 2016: | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 879 | | | $ | 1,232 | | | $ | 173,262 | | | $ | 1,419 | | | $ | 956 | | | $ | 170,887 | | Home equity | | | - | | | | 299 | | | | 32,575 | | | | - | | | | - | | | | 32,575 | | Commercial real estate | | | 3 | | | | 3,110 | | | | 195,438 | | | | 322 | | | | - | | | | 195,116 | | Construction and land development | | | - | | | | 617 | | | | 38,937 | | | | 134 | | | | - | | | | 38,803 | | Multifamily | | | - | | | | 572 | | | | 36,086 | | | | - | | | | - | | | | 36,086 | | Consumer | | | - | | | | 34 | | | | 524 | | | | - | | | | - | | | | 524 | | Commercial business | | | 354 | | | | 542 | | | | 77,299 | | | | 687 | | | | - | | | | 76,612 | | Government | | | - | | | | 56 | | | | 29,529 | | | | - | | | | - | | | | 29,529 | | Total | | $ | 1,236 | | | $ | 6,462 | | | $ | 583,650 | | | $ | 2,561 | | | $ | 956 | | | $ | 580,132 | |
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Financing Receivable Credit Quality Indicators [Table Text Block] |
The Bancorp's credit quality indicators are summarized below at September 30, 2017 and December 31, 2016: | | Credit Exposure - Credit Risk Portfolio By Creditworthiness Category | | | | September 30, 2017 | | (Dollars in thousands) | | 2 | | | 3 | | | 4 | | | 5 | | | 6 | | | 7 | | | 8 | | Loan Segment | | Moderate | | | Above average acceptable | | | Acceptable | | | Marginally acceptable | | | Pass/monitor | | | Special mention | | | Substandard | | Residential real estate | | $ | 444 | | | $ | 10,789 | | | $ | 93,622 | | | $ | 8,020 | | | $ | 51,256 | | | $ | 4,135 | | | $ | 3,401 | | Home equity | | | 50 | | | | 1,016 | | | | 33,266 | | | | - | | | | 276 | | | | 233 | | | | 516 | | Commercial real estate | | | - | | | | 2,433 | | | | 80,119 | | | | 74,764 | | | | 38,816 | | | | 6,699 | | | | 557 | | Construction and land development | | | 399 | | | | 525 | | | | 18,106 | | | | 25,287 | | | | 9,532 | | | | - | | | | 134 | | Multifamily | | | - | | | | - | | | | 20,584 | | | | 14,803 | | | | 1,844 | | | | 171 | | | | - | | Consumer | | | 58 | | | | 7 | | | | 318 | | | | - | | | | - | | | | - | | | | - | | Commercial business | | | 5,556 | | | | 17,985 | | | | 18,915 | | | | 20,196 | | | | 11,613 | | | | 470 | | | | 1,219 | | Government | | | - | | | | 2,318 | | | | 24,937 | | | | 2,575 | | | | - | | | | - | | | | - | | Total | | $ | 6,507 | | | $ | 35,073 | | | $ | 289,867 | | | $ | 145,645 | | | $ | 113,337 | | | $ | 11,708 | | | $ | 5,827 | | | | December 31, 2016 | | | | 2 | | | 3 | | | 4 | | | 5 | | | 6 | | | 7 | | | 8 | | Loan Segment | | Moderate | | | Above average acceptable | | | Acceptable | | | Marginally acceptable | | | Pass/monitor | | | Special mention | | | Substandard | | Residential real estate | | $ | - | | | $ | 6,068 | | | $ | 94,394 | | | $ | 7,085 | | | $ | 57,644 | | | $ | 4,015 | | | $ | 4,056 | | Home equity | | | 82 | | | | 1,172 | | | | 30,459 | | | | - | | | | 250 | | | | 236 | | | | 376 | | Commercial real estate | | | 248 | | | | 2,708 | | | | 93,293 | | | | 64,950 | | | | 28,306 | | | | 5,611 | | | | 322 | | Construction and land development | | | - | | | | 439 | | | | 11,355 | | | | 18,912 | | | | 8,097 | | | | - | | | | 134 | | Multifamily | | | - | | | | - | | | | 17,123 | | | | 16,836 | | | | 1,939 | | | | 188 | | | | - | | Consumer | | | 90 | | | | 4 | | | | 430 | | | | - | | | | - | | | | - | | | | - | | Commercial business | | | 6,315 | | | | 15,043 | | | | 24,754 | | | | 18,787 | | | | 10,653 | | | | 533 | | | | 1,214 | | Government | | | - | | | | 955 | | | | 25,474 | | | | 3,100 | | | | - | | | | - | | | | - | | Total | | $ | 6,735 | | | $ | 26,389 | | | $ | 297,282 | | | $ | 129,670 | | | $ | 106,889 | | | $ | 10,583 | | | $ | 6,102 | |
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Impaired Financing Receivables [Table Text Block] |
The Bancorp's individually evaluated impaired loans are summarized below: | | As of September 30, 2017 | | | For the nine months ended September 30, 2017 | | (Dollars in thousands) | | Recorded Investment | | | Unpaid Principal Balance | | | Related Allowance | | | Average Recorded Investment | | | Interest Income Recognized | | With no related allowance recorded: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 1,208 | | | $ | 3,824 | | | $ | - | | | $ | 1,302 | | | $ | 48 | | Home equity | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial real estate | | | 298 | | | | 298 | | | | - | | | | 361 | | | | 4 | | Construction and land development | | | 134 | | | | 134 | | | | - | | | | 134 | | | | - | | Multifamily | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial business | | | 187 | | | | 187 | | | | - | | | | 201 | | | | 3 | | With an allowance recorded: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | | 60 | | | | 60 | | | | 27 | | | | 300 | | | | 1 | | Home equity | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial real estate | | | 259 | | | | 259 | | | | 136 | | | | 139 | | | | - | | Construction and land development | | | - | | | | - | | | | - | | | | - | | | | - | | Multifamily | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial business | | | 562 | | | | 562 | | | | 562 | | | | 481 | | | | 4 | | Total: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 1,268 | | | $ | 3,884 | | | $ | 27 | | | $ | 1,602 | | | $ | 49 | | Home equity | | $ | - | | | $ | - | | | $ | - | | | $ | - | | | $ | - | | Commercial real estate | | $ | 557 | | | $ | 557 | | | $ | 136 | | | $ | 500 | | | $ | 4 | | Construction & land development | | $ | 134 | | | $ | 134 | | | $ | - | | | $ | 134 | | | $ | - | | Multifamily | | $ | - | | | $ | - | | | $ | - | | | $ | - | | | $ | - | | Commercial business | | $ | 749 | | | $ | 749 | | | $ | 562 | | | $ | 682 | | | $ | 7 | | | | As of December 31, 2016 | | | For the nine months ended September 30, 2016 | | (Dollars in thousands) | | Recorded Investment | | | Unpaid Principal Balance | | | Related Allowance | | | Average Recorded Investment | | | Interest Income Recognized | | With no related allowance recorded: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 1,309 | | | $ | 3,293 | | | $ | - | | | $ | 2,900 | | | $ | 113 | | Home equity | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial real estate | | | 304 | | | | 304 | | | | - | | | | 1,346 | | | | - | | Construction and land development | | | 134 | | | | 134 | | | | - | | | | 134 | | | | - | | Multifamily | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial business | | | 212 | | | | 212 | | | | - | | | | 260 | | | | 3 | | With an allowance recorded: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | | 1,066 | | | | 1,066 | | | | 879 | | | | 168 | | | | 4 | | Home equity | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial real estate | | | 18 | | | | 18 | | | | 3 | | | | 107 | | | | 5 | | Construction & land development | | | - | | | | - | | | | - | | | | - | | | | - | | Multifamily | | | - | | | | - | | | | - | | | | - | | | | - | | Commercial business | | | 475 | | | | 475 | | | | 354 | | | | 184 | | | | 1 | | Total: | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 2,375 | | | $ | 4,359 | | | $ | 879 | | | $ | 3,068 | | | $ | 117 | | Home equity | | $ | - | | | $ | - | | | $ | - | | | $ | - | | | $ | - | | Commercial real estate | | $ | 322 | | | $ | 322 | | | $ | 3 | | | $ | 1,453 | | | $ | 5 | | Construction & land development | | $ | 134 | | | $ | 134 | | | $ | - | | | $ | 134 | | | $ | - | | Multifamily | | $ | - | | | $ | - | | | $ | - | | | $ | - | | | $ | - | | Commercial business | | $ | 687 | | | $ | 687 | | | $ | 354 | | | $ | 444 | | | $ | 4 | |
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Past Due Financing Receivables [Table Text Block] |
The Bancorp's age analysis of past due loans is summarized below: (Dollars in thousands) | | 30-59 Days Past Due | | | 60-89 Days Past Due | | | Greater Than 90 Days Past Due | | | Total Past Due | | | Current | | | Total Loans | | | Recorded Investments Greater than 90 Days Past Due and Accruing | | September 30, 2017 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 3,957 | | | $ | 1,635 | | | $ | 3,046 | | | $ | 8,638 | | | $ | 163,029 | | | $ | 171,667 | | | $ | 380 | | Home equity | | | 96 | | | | 46 | | | | 260 | | | | 402 | | | | 34,955 | | | | 35,357 | | | | - | | Commercial real estate | | | 98 | | | | 732 | | | | 557 | | | | 1,387 | | | | 202,001 | | | | 203,388 | | | | - | | Construction and land development | | | - | | | | - | | | | 134 | | | | 134 | | | | 53,849 | | | | 53,983 | | | | - | | Multifamily | | | 163 | | | | - | | | | - | | | | 163 | | | | 37,239 | | | | 37,402 | | | | - | | Consumer | | | - | | | | - | | | | - | | | | - | | | | 383 | | | | 383 | | | | - | | Commercial business | | | 306 | | | | 53 | | | | 562 | | | | 921 | | | | 75,033 | | | | 75,954 | | | | - | | Government | | | - | | | | - | | | | - | | | | - | | | | 29,830 | | | | 29,830 | | | | - | | Total | | $ | 4,620 | | | $ | 2,466 | | | $ | 4,559 | | | $ | 11,645 | | | $ | 596,319 | | | $ | 607,964 | | | $ | 380 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2016 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate | | $ | 3,640 | | | $ | 1,702 | | | $ | 3,804 | | | $ | 9,146 | | | $ | 164,116 | | | $ | 173,262 | | | $ | 436 | | Home equity | | | 334 | | | | 73 | | | | 220 | | | | 627 | | | | 31,948 | | | | 32,575 | | | | 64 | | Commercial real estate | | | 208 | | | | 189 | | | | 322 | | | | 719 | | | | 194,719 | | | | 195,438 | | | | - | | Construction and land development | | | - | | | | - | | | | 134 | | | | 134 | | | | 38,803 | | | | 38,937 | | | | - | | Multifamily | | | 188 | | | | - | | | | - | | | | 188 | | | | 35,898 | | | | 36,086 | | | | - | | Consumer | | | - | | | | - | | | | - | | | | - | | | | 524 | | | | 524 | | | | - | | Commercial business | | | 171 | | | | 217 | | | | 466 | | | | 854 | | | | 76,445 | | | | 77,299 | | | | - | | Government | | | - | | | | - | | | | - | | | | - | | | | 29,529 | | | | 29,529 | | | | - | | Total | | $ | 4,541 | | | $ | 2,181 | | | $ | 4,946 | | | $ | 11,668 | | | $ | 571,982 | | | $ | 583,650 | | | $ | 500 | |
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Schedule of Financing Receivables, Non Accrual Status [Table Text Block] |
The Bancorp's loans on nonaccrual status are summarized below: (Dollars in thousands) | | | | | | | | | September 30, 2017 | | | December 31, 2016 | | Residential real estate | | $ | 3,307 | | | $ | 4,342 | | Home equity | | | 516 | | | | 179 | | Commercial real estate | | | 557 | | | | 322 | | Construction and land development | | | 134 | | | | 134 | | Multifamily | | | - | | | | - | | Consumer | | | - | | | | - | | Commercial business | | | 695 | | | | 628 | | Government | | | - | | | | - | | Total | | $ | 5,209 | | | $ | 5,605 | |
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