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Loans Receivable and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2014

Receivables [Abstract]

Summary of Loan Portfolio, Excluding Residential Loans Held for Sale, Broken Out by Classes

The loan portfolio, excluding residential loans held for sale, broken out by classes, as of June 30, 2014 and December 31, 2013 was as follows:

		June 30,				December 31,
(Dollars in thousands)		2014				2013
Commercial real estate:
Owner-occupied		$	105,193			$	111,290
Non-owner occupied			141,143				135,953
Multi-family			28,538				22,882
Non-owner occupied residential			50,948				55,272
Acquisition and development:
1-4 family residential construction			4,172				3,338
Commercial and land development			17,445				19,440
Commercial and industrial			38,593				33,446
Municipal			59,290				60,996
Residential mortgage:
First lien			125,767				124,728
Home equity - term			20,333				20,131
Home equity - Lines of credit			81,476				77,377
Installment and other loans			5,956				6,184
		$	678,854			$	671,037

Bank's Ratings Based on its Internal Risk Rating System

The following summarizes the Bank’s ratings based on its internal risk rating system as of June 30, 2014 and December 31, 2013:

						Special				Non-Impaired				Impaired -
(Dollars in thousands)		Pass				Mention				Substandard				Substandard				Doubtful				Total
June 30, 2014
Commercial real estate:
Owner-occupied		$	88,853			$	3,457			$	8,682			$	4,201			$	0			$	105,193
Non-owner occupied			114,505				8,374				5,962				12,302				0				141,143
Multi-family			26,272				1,421				746				99				0				28,538
Non-owner occupied residential			39,889				6,791				2,098				2,170				0				50,948
Acquisition and development:
1-4 family residential construction			3,833				0				339				0				0				4,172
Commercial and land development			14,103				1,058				962				1,322				0				17,445
Commercial and industrial			35,118				1,600				43				1,712				120				38,593
Municipal			59,290				0				0				0				0				59,290
Residential mortgage:
First lien			121,143				0				49				4,575				0				125,767
Home equity - term			20,261				0				0				72				0				20,333
Home equity - Lines of credit			81,405				15				0				56				0				81,476
Installment and other loans			5,953				0				0				0				3				5,956
		$	610,625			$	22,716			$	18,881			$	26,509			$	123			$	678,854
December 31, 2013
Commercial real estate:
Owner-occupied		$	92,063			$	3,305			$	11,360			$	4,107			$	455			$	111,290
Non-owner occupied			107,113				6,904				14,819				7,117				0				135,953
Multi-family			20,091				2,132				337				322				0				22,882
Non-owner occupied residential			42,007				4,982				3,790				4,493				0				55,272
Acquisition and development:
1-4 family residential construction			3,292				0				46				0				0				3,338
Commercial and land development			14,118				1,433				712				3,177				0				19,440
Commercial and industrial			28,933				2,129				383				1,878				123				33,446
Municipal			60,996				0				0				0				0				60,996
Residential mortgage:
First lien			121,353				0				0				3,327				48				124,728
Home equity - term			20,024				0				0				94				13				20,131
Home equity - Lines of credit			77,187				0				9				181				0				77,377
Installment and other loans			6,184				0				0				0				0				6,184
		$	593,361			$	20,885			$	31,456			$	24,696			$	639			$	671,037

Impaired Loans by Class

The following summarizes impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required as of June 30, 2014 and December 31, 2013. Allowances established generally pertain to those loans in which loan forbearance agreements were in the process of being negotiated or updated appraisals were pending, and the partial charge-off will be recorded when final information is received.

		Impaired Loans with a Specific Allowance												Impaired Loans with No Specific Allowance
		Recorded Investment				Unpaid Principal Balance				Related				Recorded Investment				Unpaid Principal Balance
(Dollars in thousands)		(Book Balance)				(Legal Balance)				Allowance				(Book Balance)				(Legal Balance)
June 30, 2014
Commercial real estate:
Owner-occupied		$	322			$	322			$	102			$	3,879			$	5,003
Non-owner occupied			5,446				5,446				2,843				6,856				7,507
Multi-family			0				0				0				99				130
Non-owner occupied residential			0				0				0				2,170				2,589
Acquisition and development:
Commercial and land development			0				0				0				1,322				1,968
Commercial and industrial			0				0				0				1,832				2,039
Residential mortgage:
First lien			1,067				1,067				121				3,508				3,895
Home equity - term			0				0				0				72				73
Home equity - Lines of credit			0				0				0				56				56
Installment and other loans			3				3				3				0				0
		$	6,838			$	6,838			$	3,069			$	19,794			$	23,260
December 31, 2013
Commercial real estate:
Owner-occupied		$	615			$	1,099			$	552			$	3,947			$	4,575
Non-owner occupied			0				0				0				7,117				7,670
Multi-family			0				0				0				322				415
Non-owner occupied residential			0				0				0				4,493				4,836
Acquisition and development:
Commercial and land development			0				0				0				3,177				3,812
Commercial and industrial			0				0				0				2,001				2,143
Residential mortgage:
First lien			48				48				48				3,327				3,619
Home equity - term			13				13				13				94				96
Home equity - Lines of credit			0				0				0				181				183
		$	676			$	1,160			$	613			$	24,659			$	27,349

Average Recorded Investment in Impaired Loans and Related Interest Income

The following summarizes the average recorded investment in impaired loans and related interest income recognized on loans deemed impaired for the three and six months ended June 30, 2014 and 2013:

		Three Months Ended June 30,
		2014								2013
(Dollars in thousands)		Average Impaired Balance				Interest Income Recognized				Average Impaired Balance				Interest Income Recognized
Commercial real estate:
Owner-occupied		$	4,069			$	8			$	3,041			$	58
Non-owner occupied			9,641				91				2,635				36
Multi-family			260				0				0				0
Non-owner occupied residential			2,139				2				4,929				12
Acquisition and development:
1-4 family residential construction			0				0				578				0
Commercial and land development			1,360				11				2,761				2
Commercial and industrial			2,004				2				1,618				65
Residential mortgage:
First lien			3,964				30				2,601				0
Home equity - term			90				0				40				0
Home equity - lines of credit			59				0				314				0
Installment and other loans			2				0				2				0
		$	23,588			$	144			$	18,519			$	173
		Six Months Ended June 30,
		2014								2013
(Dollars in thousands)		Average Impaired Balance				Interest Income Recognized				Average Impaired Balance				Interest Income Recognized
Commercial real estate:
Owner-occupied		$	4,233			$	18			$	2,833			$	58
Non-owner occupied			8,800				95				2,910				36
Multi-family			280				1				6				0
Non-owner occupied residential			2,923				10				5,075				15
Acquisition and development:
1-4 family residential construction			0				0				688				0
Commercial and land development			1,966				13				3,110				2
Commercial and industrial			2,003				5				1,685				65
Residential mortgage:
First lien			3,768				31				2,594				2
Home equity - term			96				0				46				0
Home equity - lines of credit			99				0				407				0
Installment and other loans			1				0				2				0
		$	24,169			$	173			$	19,356			$	178

Troubled Debt Restructurings

The following presents impaired loans that are troubled debt restructurings, with the recorded investment as of June 30, 2014 and December 31, 2013.

		June 30, 2014								December 31, 2013
(Dollars in thousands)		Number of Contracts				Recorded Investment				Number of Contracts				Recorded Investment
Accruing:
Commercial real estate:
Owner-occupied			1			$	194				1			$	200
Non-owner occupied			2				4,187				2				4,268
Acquisition and development:
Commercial and land development			2				921				2				1,071
Residential mortgage:
First lien			8				803				1				449
			13				6,104				6				5,988
Nonaccruing:
Commercial real estate:
Owner-occupied			1				56				1				71
Non-owner occupied			1				657				1				694
Non-owner occupied residential			1				187				1				193
Commercial and industrial			1				105				2				310
Residential mortgage:
First lien			8				1,438				1				279
			12				2,443				6				1,547
			25			$	8,547				12			$	7,535

Number of Loans Modified and Their Pre-Modification and Post-Modification Investment Balances

The following table presents the number of loans modified, and their pre-modification and post-modification investment balances for the three and six months ended June 30, 2014 and 2013:

		2014												2013
(Dollars in thousands)		Number of Contracts				Pre- Modification Recorded Investment				Post Modification Recorded Investment				Number of Contracts				Pre- Modification Recorded Investment				Post Modification Recorded Investment
Three Months Ended June 30
Acquisition and development:
Commercial and land development			0			$	0			$	0				1			$	524			$	524
Residential mortgage:
First lien			14				1,523				1,456				0				0				0
			14			$	1,523			$	1,456				1			$	524			$	524
Six Months Ended June 30
Acquisition and development:
Commercial and land development			0			$	0			$	0				1			$	524			$	524
Residential mortgage:
First lien			14				1,523				1,456				0				0				0
			14			$	1,523			$	1,456				1			$	524			$	524

Restructured Loans Included in Nonaccrual Status were Modified as Troubled Debt Restructurings within Previous 12 Months and for which There was Payment Default

The following table presents restructured loans, included in nonaccrual status, that were modified as troubled debt restructurings within the previous 12 months and for which there was a payment default during the three and six months ended June 30, 2014 and 2013:

		2014								2013
(Dollars in thousands)		Number of Contracts				Recorded Investment				Number of Contracts				Recorded Investment
Three Months Ended June 30
Commercial real estate:
Non-owner occupied			1			$	3,495				0			$	0
Residential mortgage:
First lien			1				111				0				0
			2			$	3,606				0			$	0
Six Months Ended June 30
Commercial real estate:
Non-owner occupied			1			$	3,495				0			$	0
Residential mortgage:
First lien			1				111				0				0
			2			$	3,606				0			$	0

Loan Portfolio Summarized by Aging Categories of Performing Loans and Nonaccrual Loans

The following table presents the classes of the loan portfolio summarized by aging categories of performing loans and nonaccrual loans as of June 30, 2014 and December 31, 2013:

						Days Past Due
														90+				Total				Non-				Total
		Current				30-59				60-89				(still accruing)				Past Due				Accrual				Loans
June 30, 2014
Commercial real estate:
Owner-occupied		$	101,082			$	104			$	0			$	0			$	104			$	4,007			$	105,193
Non-owner occupied			129,532				3,495				0				0				3,495				8,116				141,143
Multi-family			28,439				0				0				0				0				99				28,528
Non-owner occupied residential			48,734				41				3				0				44				2,170				50,948
Acquisition and development:
1-4 family residential construction			3,833				0				339				0				339				0				4,172
Commercial and land development			17,032				12				0				0				12				401				17,445
Commercial and industrial			36,756				5				0				0				5				1,832				38,593
Municipal			59,290				0				0				0				0				0				59,290
Residential mortgage:
First lien			120,581				893				398				123				1,414				3,772				125,767
Home equity - term			20,156				103				2				0				105				72				20,333
Home equity - Lines of credit			81,262				158				0				0				158				56				81,476
Installment and other loans			5,892				58				3				0				61				3				5,956
		$	652,589			$	4,869			$	745			$	123			$	5,737			$	20,528			$	678,854
December 31, 2013
Commercial real estate:
Owner-occupied		$	106,078			$	742			$	108			$	0			$	850			$	4,362			$	111,290
Non-owner occupied			132,913				191				0				0				191				2,849				135,953
Multi-family			22,560				0				0				0				0				322				22,882
Non-owner occupied residential			50,554				225				0				0				225				4,493				55,272
Acquisition and development:
1-4 family residential construction			3,338				0				0				0				0				0				3,338
Commercial and land development			17,289				45				0				0				45				2,106				19,440
Commercial and industrial			31,111				334				0				0				334				2,001				33,446
Municipal			60,996				0				0				0				0				0				60,996
Residential mortgage:
First lien			119,845				1,380				577				0				1,957				2,926				124,728
Home equity - term			19,966				56				2				0				58				107				20,131
Home equity - Lines of credit			76,982				214				0				0				214				181				77,377
Installment and other loans			6,095				77				12				0				89				0				6,184
		$	647,727			$	3,264			$	699			$	0			$	3,963			$	19,347			$	671,037

Activity in Allowance for Loan Losses

Activity in the allowance for loan losses for the three months ended June 30, 2014 and 2013 is as follows:

		Commercial																				Consumer
(Dollars in thousands)		Commercial Real Estate				Acquisition and Development				Commercial and Industrial				Municipal				Total				Residential Mortgage				Installment and Other				Total				Unallocated				Total
June 30, 2014
Balance, beginning of period		$	13,719			$	474			$	919			$	244			$	15,356			$	3,112			$	126			$	3,238			$	1,903			$	20,497
Provision for loan losses			645				407				(224	)			(66	)			762				(741	)			81				(660	)			(102	)			0
Charge-offs			(415	)			(34	)			(55	)			0				(504	)			(16	)			(54	)			(70	)			0				(574	)
Recoveries			104				5				353				0				462				7				33				40				0				502
Balance, end of period		$	14,053			$	852			$	993			$	178			$	16,076			$	2,362			$	186			$	2,548			$	1,801			$	20,425
June 30, 2013
Balance, beginning of period		$	12,165			$	2,614			$	1,353			$	285			$	16,417			$	3,388			$	112			$	3,500			$	2,000			$	21,917
Provision for loan losses			630				(2,080	)			(366	)			(31	)			(1,847	)			604				38				642				(195	)			(1,400	)
Charge-offs			(1,535	)			1				(114	)			0				(1,648	)			(225	)			(26	)			(251	)			0				(1,899	)
Recoveries			28				1,411				2				0				1,441				29				10				39				0				1,480
Balance, end of period		$	11,288			$	1,946			$	875			$	254			$	14,363			$	3,796			$	134			$	3,930			$	1,805			$	20,098

Activity in the allowance for loan losses for the six months ended June 30, 2014 and 2013 is as follows:

		Commercial																				Consumer
(Dollars in thousands)		Commercial Real Estate				Acquisition and Development				Commercial and Industrial				Municipal				Total				Residential Mortgage				Installment and Other				Total				Unallocated				Total
June 30, 2014
Balance, beginning of period		$	13,215			$	670			$	864			$	244			$	14,993			$	3,780			$	124			$	3,904			$	2,068			$	20,965
Provision for loan losses			1,383				211				(164	)			(66	)			1,364				(1,222	)			125				(1,097	)			(267	)			0
Charge-offs			(674	)			(34	)			(64	)			0				(772	)			(209	)			(121	)			(330	)			0				(1,102	)
Recoveries			129				5				357				0				491				13				58				71				0				562
Balance, end of period		$	14,053			$	852			$	993			$	178			$	16,076			$	2,362			$	186			$	2,548			$	1,801			$	20,425
June 30, 2013
Balance, beginning of period		$	13,719			$	3,502			$	1,635			$	223			$	19,079			$	2,275			$	85			$	2,360			$	1,727			$	23,166
Provision for loan losses			157				(2,826	)			(658	)			31				(3,296	)			1,749				69				1,818				78				(1,400	)
Charge-offs			(2,677	)			(144	)			(114	)			0				(2,935	)			(263	)			(46	)			(309	)			0				(3,244	)
Recoveries			89				1,414				12				0				1,515				35				26				61				0				1,576
Balance, end of period		$	11,288			$	1,946			$	875			$	254			$	14,363			$	3,796			$	134			$	3,930			$	1,805			$	20,098

Summary of Allowance for Loan Loss Allocation

The following summarizes the ending loan balance individually evaluated for impairment based upon loan segment, as well as the related allowance for loan losses allocation for each at June 30, 2014 and December 31, 2013:

		Commercial																				Consumer
(Dollars in thousands)		Commercial Real Estate				Acquisition and Development				Commercial and Industrial				Municipal				Total				Residential Mortgage				Installment and Other				Total				Unallocated				Total
June 30, 2014
Loans allocated by:
Individually evaluated for impairment		$	18,772			$	1,322			$	1,832			$	0			$	21,926			$	4,703			$	3			$	4,706			$	0			$	26,632
Collectively evaluated for impairment			307,050				20,295				36,761				59,290				423,396				222,873				5,953				228,826				0				652,222
		$	325,822			$	21,617			$	38,593			$	59,290			$	445,322			$	227,576			$	5,956			$	233,532			$	0			$	678,854
Allowance for loan losses allocated by:
Individually evaluated for impairment		$	2,945			$	0			$	0			$	0			$	2,945			$	121			$	3			$	124			$	0			$	3,069
Collectively evaluated for impairment			11,108				852				993				178				13,131				2,241				183				2,424				1,801				17,356
		$	14,053			$	852			$	993			$	178			$	16,076			$	2,362			$	186			$	2,548			$	1,801			$	20,425
December 31, 2013
Loans allocated by:
Individually evaluated for impairment		$	16,494			$	3,177			$	2,001			$	0			$	21,672			$	3,663			$	0			$	3,663			$	0			$	25,335
Collectively evaluated for impairment			308,903				19,601				31,445				60,996				420,945				218,573				6,184				224,757				0				645,702
		$	325,397			$	22,778			$	33,446			$	60,996			$	442,617			$	222,236			$	6,184			$	228,420			$	0			$	671,037
Allowance for loan losses allocated by:
Individually evaluated for impairment		$	552			$	0			$	0			$	0			$	552			$	61			$	0			$	61			$	0			$	613
Collectively evaluated for impairment			12,663				670				864				244				14,441				3,719				124				3,843				2,068				20,352
		$	13,215			$	670			$	864			$	244			$	14,993			$	3,780			$	124			$	3,904			$	2,068			$	20,965

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Impaired Financing Receivable Average Recorded Investment And Recognized Interest Income Table [Text Block]

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- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 11B

-URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953423-111524

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- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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