XML 113 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Loans and the Allowance for Loan Losses (Tables)
12 Months Ended
Dec. 31, 2012
Loans and the Allowance for Loan Losses [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

 

 

 

 

 

 

 

2012

 

2011

 

 

(Dollars in Thousands)

Commercial and industrial

 

$

181,682

 

 

$

146,711

 

Commercial real estate

 

 

497,392

 

 

 

408,164

 

Construction

 

 

40,277

 

 

 

39,388

 

Residential mortgage

 

 

169,094

 

 

 

159,753

 

Installment

 

 

1,104

 

 

 

959

 

Subtotal

 

 

889,549

 

 

 

754,975

 

Net deferred loan costs

 

 

123

 

 

 

17

 

Total loans

 

$

889,672

 

 

$

754,992

 

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

 

 

 

For years ending December 31,

 

(Dollars in Thousands)

2013

 

$

216

 

2014

 

 

216

 

2015

 

 

228

 

2016

 

 

265

 

2017

 

 

265

 

Thereafter

 

 

2,581

 

Total minimum future lease receipts

 

$

3,771

 

Loans Receivable on Non-Accrual Status [Table Text Block]

 

 

 

 

 

 

 

2012

 

2011

 

 

(Dollars in Thousands)

Commercial and industrial

 

$

214

 

 

$

125

 

Commercial real estate

 

 

354

 

 

 

225

 

Construction

 

 

319

 

 

 

3,044

 

Residential mortgage

 

 

2,729

 

 

 

3,477

 

Total loans receivable on non-accrual status

 

$

3,616

 

 

$

6,871

 

Credit Quality Indicators [Table Text Block]

Credit Quality Indicators

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

(Dollars in Thousands)

 

 

Pass

 

Special
Mention

 

Substandard

 

Doubtful

 

Total

Commercial and industrial

 

$

176,818

 

 

$

3,281

 

 

$

1,583

 

 

$

 

 

$

181,682

 

Commercial real estate

 

 

462,266

 

 

 

18,945

 

 

 

16,181

 

 

 

 

 

 

497,392

 

Construction

 

 

38,303

 

 

 

810

 

 

 

1,164

 

 

 

 

 

 

40,277

 

Residential mortgage

 

 

163,769

 

 

 

993

 

 

 

4,332

 

 

 

 

 

 

169,094

 

Installment

 

 

967

 

 

 

 

 

 

137

 

 

 

 

 

 

1,104

 

Total loans

 

$

842,123

 

 

$

24,029

 

 

$

23,397

 

 

$

 

 

$

889,549

 

Credit Quality Indicators

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

 

(Dollars in Thousands)

 

 

Pass

 

Special
Mention

 

Substandard

 

Doubtful

 

Total

Commercial and industrial

 

$

143,097

 

 

$

2,022

 

 

$

1,592

 

 

$

 

 

$

146,711

 

Commercial real estate

 

 

371,519

 

 

 

24,282

 

 

 

12,363

 

 

 

 

 

 

408,164

 

Construction

 

 

36,344

 

 

 

 

 

 

3,044

 

 

 

 

 

 

39,388

 

Residential mortgage

 

 

154,080

 

 

 

 

 

 

5,673

 

 

 

 

 

 

159,753

 

Installment

 

 

959

 

 

 

 

 

 

 

 

 

 

 

 

959

 

Total loans

 

$

705,999

 

 

$

26,304

 

 

$

22,672

 

 

$

 —

 

 

$

754,975

 

Analysis of Impaired Loans [Table Text Block]

 

 

December 31, 2012

 

 

(Dollars in Thousands)

No Related Allowance Recorded

 

Recorded
Investment

 

Unpaid
Principal
Balance

 

Related
Allowance

 

Average
Recorded
Investment

 

Interest
Income
Recognized

Commercial real estate

 

$

1,500

 

 

$

1,950

 

 

$

 

 

$

2,242

 

 

$

108

 

Total

 

$

1,500

 

 

 

1,950

 

 

$

 

 

$

2,242

 

 

$

108

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With An Allowance Recorded

 

Recorded
Investment

 

Unpaid Principal
Balance

 

Related
Allowance

 

Average
Recorded
Investment

 

Interest
Income
Recognized

Commercial real estate

 

$

4,180

 

 

$

4,180

 

 

$

493

 

 

$

4,179

 

 

$

138

 

Construction

 

 

 

 

 

 

 

 

 

 

 

1,655

 

 

 

16

 

Residential mortgage

 

 

1,255

 

 

 

1,255

 

 

 

152

 

 

 

3,667

 

 

 

51

 

Total

 

$

5,435

 

 

$

5,435

 

 

$

645

 

 

$

11,743

 

 

$

313

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial real estate

 

$

5,680

 

 

$

6,130

 

 

$

493

 

 

$

6,421

 

 

$

246

 

Construction

 

 

 

 

 

 

 

 

 

 

 

1,655

 

 

 

16

 

Residential mortgage

 

 

1,255

 

 

 

1,255

 

 

 

152

 

 

 

3,667

 

 

 

51

 

Total (including related allowance)

 

$

6,935

 

 

$

7,305

 

 

$

645

 

 

$

11,743

 

 

$

313

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

 

(Dollars in Thousands)

No Related Allowance Recorded

 

Recorded
Investment

 

Unpaid
Principal
Balance

 

Related
Allowance

 

Average
Recorded
Investment

 

Interest
Income
Recognized

Commercial and industrial

 

$

 

 

$

 

 

$

 

 

$

292

 

 

$

11

 

Commercial real estate

 

 

2,121

 

 

 

2,570

 

 

 

 

 

 

3,390

 

 

 

149

 

Construction

 

 

 

 

 

 

 

 

 

 

 

3,156

 

 

 

 

Total

 

$

2,121

 

 

$

2,570

 

 

$

 —

 

 

$

6,838

 

 

$

160

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With An Allowance Recorded

 

Recorded
Investment

 

Unpaid Principal
Balance

 

Related
Allowance

 

Average
Recorded
Investment

 

Interest
Income
Recognized

Commercial real estate

 

$

4,180

 

 

$

4,180

 

 

$

567

 

 

$

4,583

 

 

$

258

 

Construction

 

 

3,044

 

 

 

3,584

 

 

 

200

 

 

 

3,048

 

 

 

18

 

Residential mortgage

 

 

4,601

 

 

 

4,601

 

 

 

318

 

 

 

4,572

 

 

 

102

 

Total

 

$

11,825

 

 

$

12,365

 

 

$

1,085

 

 

$

12,203

 

 

$

378

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$

 

 

$

 

 

$

 

 

$

292

 

 

$

11

 

Commercial real estate

 

 

6,301

 

 

 

6,750

 

 

 

567

 

 

 

7,973

 

 

 

407

 

Construction

 

 

3,044

 

 

 

3,584

 

 

 

200

 

 

 

6,204

 

 

 

18

 

Residential mortgage

 

 

4,601

 

 

 

4,601

 

 

 

318

 

 

 

4,572

 

 

 

102

 

Total (including related allowance)

 

$

13,946

 

 

$

14,935

 

 

$

1,085

 

 

$

19,041

 

 

$

538

 

Aging Analysis [Table Text Block]

Aging Analysis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

(Dollars in Thousands)

 

 

30 – 59 Days
Past Due

 

60 – 89 Days
Past Due

 

Greater
Than
90 Days

 

Total
Past Due

 

Current

 

Total
Loans
Receivable

 

Loans
Receivable
> 90 Days
And
Accruing

Commercial and Industrial

 

$

590

 

 

$

 

 

 

216

 

 

 

806

 

 

$

180,876

 

 

$

181,682

 

 

$

 

Commercial Real Estate

 

 

1,012

 

 

 

703

 

 

 

354

 

 

 

2,069

 

 

 

495,323

 

 

 

497,392

 

 

 

 

Construction

 

 

 

 

 

 

 

 

319

 

 

 

319

 

 

 

39,958

 

 

 

40,277

 

 

 

 

Residential Mortgage

 

 

2,017

 

 

 

628

 

 

 

2,784

 

 

 

5,429

 

 

 

163,665

 

 

 

169,094

 

 

 

55

 

Installment

 

 

23

 

 

 

 

 

 

 

 

 

23

 

 

 

1,081

 

 

 

1,104

 

 

 

 

Total

 

$

3,642

 

 

$

1,331

 

 

$

3,673

 

 

$

8,646

 

 

$

880,903

 

 

$

889,549

 

 

$

55

 

Aging Analysis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

 

(Dollars in Thousands)

 

 

30 – 59 Days
Past Due

 

60 – 89 Days
Past Due

 

Greater
Than
90 Days

 

Total
Past Due

 

Current

 

Total
Loans
Receivable

 

Loans
Receivable
> 90 Days
And
Accruing

Commercial and Industrial

 

$

137

 

 

$

1,544

 

 

$

125

 

 

$

1,806

 

 

$

144,905

 

 

$

146,711

 

 

$

 

Commercial Real Estate

 

 

1,331

 

 

 

5,335

 

 

 

1,254

 

 

 

7,920

 

 

 

400,244

 

 

 

408,164

 

 

 

1,029

 

Construction

 

 

 

 

 

 

 

 

3,044

 

 

 

3,044

 

 

 

36,344

 

 

 

39,388

 

 

 

 

Residential Mortgage

 

 

2,174

 

 

 

99

 

 

 

3,477

 

 

 

5,750

 

 

 

154,003

 

 

 

159,753

 

 

 

 

Installment

 

 

16

 

 

 

 

 

 

 

 

 

16

 

 

 

943

 

 

 

959

 

 

 

 

Total

 

$

3,658

 

 

$

6,978

 

 

$

7,900

 

 

$

18,536

 

 

$

736,439

 

 

$

754,975

 

 

$

1,029

 

Allowance for Loan and Lease Losses [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2012

 

 

(Dollars in thousands)

 

 

C & I

 

Comm R/E

 

Construction

 

Res Mtg

 

Installment

 

Unallocated

 

Total

Balance at January 1,

 

$

1,527

 

 

$

5,972

 

 

$

707

 

 

$

1,263

 

 

$

51

 

 

$

82

 

 

$

9,602

 

Loans charged-off

 

 

 

 

 

(57

)

 

 

 

 

 

(454

)

 

 

(16

)

 

 

 

 

 

(527

)   

Recoveries

 

 

 

 

 

80

 

 

 

540

 

 

 

210

 

 

 

7

 

 

 

 

 

 

837

 

Provision for loan losses

 

 

897

 

 

 

(672

)

 

 

(934

)

 

 

513

 

 

 

71

 

 

 

450

 

 

 

325

 

Balance at December 31,

 

$

2,424

 

 

$

5,323

 

 

$

313

 

 

$

1,532

 

 

$

113

 

 

$

532

 

 

$

10,237

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2011

 

 

(Dollars in thousands)

 

 

C & I

 

Comm R/E

 

Construction

 

Res Mtg

 

Installment

 

Unallocated

 

Total

Balance at January 1,

 

$

1,272

 

 

$

5,715

 

 

$

551

 

 

$

1,038

 

 

$

52

 

 

$

239

 

 

$

8,867

 

Loans charged-off

 

 

(186

)   

 

 

(1,168

)   

 

 

(631

)   

 

 

(23

)   

 

 

(20

)   

 

 

 

 

 

(2,028

)   

Recoveries

 

 

240

 

 

 

15

 

 

 

 

 

 

53

 

 

 

7

 

 

 

 

 

 

315

 

Provision for loan losses

 

 

201

 

 

 

1,410

 

 

 

787

 

 

 

195

 

 

 

12

 

 

 

(157

)   

 

 

2,448

 

Balance at December 31,

 

$

1,527

 

 

$

5,972

 

 

$

707

 

 

$

1,263

 

 

$

51

 

 

$

82

 

 

$

9,602

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31,

 

 

2012

 

2011

 

2010

 

 

(Dollars in Thousands)

Balance at the beginning of year

 

$

9,602

 

 

$

8,867

 

 

$

8,711

 

Provision for loan losses

 

 

325

 

 

 

2,448

 

 

 

5,076

 

Loans charged-off

 

 

(527

)   

 

 

(2,028

)   

 

 

(4,940

)   

Recoveries on loans previously charged-off

 

 

837

 

 

 

315

 

 

 

20

 

Balance at the end of year

 

$

10,237

 

 

$

9,602

 

 

$

8,867

 

Schedule of Troubled Debt Restructuring by Class [Table Text Block]

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2012

 

 

Number of
Loans

 

Pre-restructuring
Outstanding
Recorded
Investment

 

Post-restructuring
Outstanding
Recorded
Investment

 

 

(Dollars in Thousands)

Troubled debt restructurings:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Real Estate

 

 

1

 

 

$

225

 

 

$

225

 

Residential Mortgage

 

 

1

 

 

 

714

 

 

 

675

 

Installment

 

 

1

 

 

 

1,354

 

 

 

137

 

Total

 

 

3

 

 

$

2,293

 

 

$

1,037